MWA Asset Management

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), MWA Asset Management reported 126 stock positions worth $181.1 million. Its top holding was Broadcom (AVGO) at 4.7% of the portfolio, followed by Nvidia (NVDA, 4.0%) and Apple (AAPL, 3.9%). Compared with Q2 2025, it opened 13 new positions, sold out of 5, added to 43 and reduced 63. The biggest buy was Apple (AAPL, shares +3%) and the biggest sale Vertex Pharmaceuticals (VRTX, shares −39%).

Most Recent 13F
Q2 2026
Location
DANVERS, MA
CIK
0001903058
Portfolio Value
$181.1M (Q3 2025)
SEC Filing
0001903058-25-000005 ↗ filed Nov 4, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $138.0M Q1 2024 Q2 2024: $140.4M Q2 2024 Q3 2024: $150.4M Q3 2024 Q4 2024: $150.4M Q4 2024 Q1 2025: $144.2M Q1 2025 Q2 2025: $163.4M Q2 2025 Q3 2025: $181.1M $181.1M Q3 2025 Q4 2025: $179.5M Q4 2025 Q1 2026: $182.6M Q1 2026 Q2 2026: $221.3M Q2 2026

Holdings 126 stocks · $181.1M
AVGO Broadcom Inc. 4.68% 25,676 $8.5M Reduce -8.8%
NVDA Nvidia Corp. 4.04% 39,197 $7.3M Reduce -0.6%
AAPL Apple Inc. 3.89% 27,648 $7.0M Add +3.3%
STX Seagate Technology Holdings 3.69% 28,332 $6.7M Reduce -3.9%
CAT Caterpillar Inc. 3.10% 11,762 $5.6M Add +0.5%
MSFT Microsoft Corp. 3.07% 10,743 $5.6M Reduce -2.0%
META Meta Platforms Inc. Class A 3.03% 7,475 $5.5M Reduce -1.8%
GOOG Alphabet Inc. Class C 3.01% 22,368 $5.4M Reduce -0.6%
URI United Rentals Inc. 2.80% 5,312 $5.1M Add +0.3%
AMZN Amazon.com Inc. 2.77% 22,848 $5.0M Add +1.5%
ABBV Abbvie Inc. 2.29% 17,886 $4.1M Add +3.5%
LRCX Lam Research Corp. 2.25% 30,433 $4.1M Add +3.2%
COST Costco Wholesale Corp. 2.17% 4,245 $3.9M Add +1.2%
DE Deere & Co. 2.16% 8,545 $3.9M Add +2.3%
HD Home Depot Inc. 1.95% 8,712 $3.5M Add +2.7%
DELL Dell Technologies -C 1.86% 23,725 $3.4M Add +4.1%
V Visa Inc. Class A 1.77% 9,404 $3.2M Reduce -2.6%
MMM 3M Co. 1.71% 19,980 $3.1M Reduce -1.0%
JPM JPMorgan Chase & Co. 1.65% 9,502 $3.0M Reduce -5.3%
BX Blackstone Inc. 1.65% 17,507 $3.0M Add +1.1%
RTX RTX Corp. 1.60% 17,321 $2.9M Reduce -0.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.36% 47,729 $2.5M Add +1.3%
XOM Exxon Mobil Corp. 1.35% 21,666 $2.4M No change
TSM Taiwan Semiconductor-SP ADR 1.23% 8,000 $2.2M Reduce -3.2%
IWP iShares Russell Mid-Cap Grow 1.18% 15,040 $2.1M Reduce -1.5%
CMI Cummins Inc. 1.08% 4,627 $2.0M Add +2.0%
IWF iShares Russell 1000 Growth 1.06% 4,093 $1.9M Reduce -2.0%
PANW Palo Alto Networks Inc. 1.05% 9,302 $1.9M Add +7.2%
WMT Walmart Inc. 1.04% 18,253 $1.9M Reduce -2.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.01% 6,514 $1.8M Add +5.0%
ORCL Oracle Corp. 1.00% 6,469 $1.8M Add +69.8%
NOW ServiceNow Inc. 0.99% 1,940 $1.8M Add +1.3%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.98% 1,871 $1.8M Add +5.7%
CDNS Cadence Design SYS Inc. 0.98% 5,056 $1.8M Add +3.0%
IWS iShares Russell Mid-Cap Valu 0.86% 11,175 $1.6M Reduce -0.6%
IWO iShares Russell 2000 Growth 0.84% 4,746 $1.5M Reduce -1.0%
IJH iShares Core S&P Midcap ETF 0.78% 21,737 $1.4M Add +0.3%
SHOP Shopify Inc. Class A 0.78% 9,534 $1.4M Reduce -5.5%
C Citigroup Inc. 0.77% 13,756 $1.4M Reduce -1.5%
VZ Verizon Communications Inc. 0.76% 31,415 $1.4M Reduce -11.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.76% 9,479 $1.4M Add +5.3%
MA Mastercard Inc. Class A 0.75% 2,381 $1.4M Add +10.9%
IWM iShares Russell 2000 ETF 0.71% 5,291 $1.3M Reduce -14.6%
VRTX Vertex Pharmaceuticals Inc. 0.69% 3,198 $1.3M Reduce -39.2%
TSCO Tractor Supply Company 0.66% 20,977 $1.2M Reduce -0.3%
WM Waste Management Inc. 0.62% 5,093 $1.1M Add +4.2%
TRV The Travelers Cos Inc. 0.62% 4,012 $1.1M Add +0.8%
XLK SS Technology Select Sector 0.58% 3,737 $1.1M Reduce -3.2%
WSM Williams-Sonoma Inc. 0.53% 4,952 $968K Add +0.2%
DGRO iShares Core Dividend Growth 0.50% 13,405 $913K Reduce -2.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.50% 1,354 $902K Reduce -21.7%
MCD McDonald's Corp. 0.49% 2,934 $892K Reduce -2.0%
AMGN Amgen Inc. 0.48% 3,068 $866K Add +0.2%
IWN iShares Russell 2000 Value E 0.48% 4,886 $864K Reduce -11.9%
GEV GE Vernova Inc. 0.44% 1,302 $801K New
ADP Automatic Data Processing 0.44% 2,709 $795K Add +3.6%
KLAC KLA Corp. 0.44% 731 $788K Reduce -1.6%
BDX Becton Dickinson and Co. 0.43% 4,197 $786K New
IWD iShares Russell 1000 Value E 0.43% 3,850 $784K Reduce -0.9%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.43% 8,930 $779K Add +1.4%
HON Honeywell International Inc. 0.43% 3,665 $772K Add +0.8%
AXP American Express Co. 0.42% 2,312 $768K Reduce -0.0%
SDY SS SPDR S&P Dividend ETF 0.42% 5,410 $758K Reduce -3.3%
TT Trane Technologies PLC 0.41% 1,780 $751K Add +5.8%
TDV Proshares S&P Tech DVD Arist 0.41% 8,654 $749K Add +0.5%
WCN Waste Connections Inc. 0.40% 4,161 $732K Reduce -10.6%
FDN First Trust DJ Internet Ind 0.39% 2,525 $707K Reduce -3.9%
NOC Northrop Grumman Corp. 0.36% 1,057 $644K New
COWZ Pacer US Cash Cows 100 ETF 0.36% 11,190 $643K Reduce -2.3%
VOOG Vanguard S&P 500 Growth ETF 0.35% 1,439 $627K Reduce -1.2%
GOOGL Alphabet Inc. Class A 0.34% 2,536 $617K Reduce -7.8%
VYM Vanguard High DVD Yield ETF 0.32% 4,158 $586K Add +0.1%
PAYX Paychex Inc. 0.32% 4,504 $571K Reduce -4.6%
IVW iShares S&P 500 Growth ETF 0.31% 4,691 $566K Add +4.3%
CAH Cardinal Health Inc. 0.30% 3,449 $541K Add +0.3%
QQQM Invesco Nasdaq 100 ETF 0.29% 2,115 $523K Reduce -6.7%
DGRW Wisdomtree U.S. Quality Divi 0.29% 5,821 $518K Reduce -2.5%
STT State Street Corp. 0.27% 4,263 $494K No change
INTU Intuit Inc. 0.26% 700 $478K Reduce -24.7%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.26% 1,579 $470K Reduce -7.5%
IGV iShares Expanded Tech-Softwa 0.26% 4,085 $470K Add +1.1%
SLVR Sprott SLVR Miner & PHY SLVR 0.25% 10,405 $461K New
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.25% 1,110 $447K Reduce -0.2%
XLC SS Comm Select Sector SPDR 0.24% 3,725 $441K Add +0.3%
IWR iShares Russell Mid-Cap ETF 0.24% 4,504 $435K Reduce -0.8%
CRM Salesforce Inc. 0.24% 1,826 $433K Reduce -49.7%
MRK Merck & Co. Inc. 0.23% 4,984 $418K Reduce -25.8%
XSW SS SPDR S&P Soft & Serv ETF 0.22% 2,049 $405K Add +37.6%
DUK Duke Energy Corp. 0.22% 3,253 $403K No change
VGT Vanguard Info Tech ETF 0.22% 533 $398K Reduce -3.4%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.22% 1,869 $390K Reduce -11.4%
XLI SS Industrial Select Sector 0.21% 2,498 $385K Reduce -6.9%
VONG Vanguard Russell 1000 Growth 0.20% 3,004 $362K Reduce -0.7%
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.20% 1,475 $360K Reduce -0.9%
PDI PIMCO Dynamic Income Fund 0.20% 18,175 $360K Add +3.3%
SOXX iShares Semiconductor ETF 0.20% 1,324 $359K No change
MO Altria Group Inc. 0.19% 5,268 $348K New
T AT&T Inc. 0.18% 11,678 $330K Reduce -8.2%
LMT Lockheed Martin Corp. 0.18% 649 $323K Reduce -70.7%
RWJ Invesco S&P Smallcap 600 0.17% 6,246 $302K Reduce -7.2%
DLR Digital Realty Trust Inc. 0.17% 1,736 $300K Reduce -9.7%
FDVV Fidelity High Dividend ETF 0.16% 5,298 $295K No change
QQQ Invesco QQQ Trust Series 1 0.16% 483 $290K Reduce -11.9%
DTCR Global X Data Center & Digit 0.16% 13,993 $287K Add +0.5%
XLY SS Consumer Disc Select Sect 0.16% 1,173 $281K No change
VIG Vanguard Dividend Apprec ETF 0.15% 1,286 $278K Reduce -4.1%
LOW Lowe's Cos Inc. 0.15% 1,079 $271K Reduce -1.2%
CLOU Global X Cloud Computing ETF 0.15% 11,415 $266K New
SBUX Starbucks Corp. 0.15% 3,116 $264K Reduce -12.4%
CIBR First Trust Nasdaq Cybersecu 0.14% 3,451 $262K New
GBTC Grayscale Bitcoin Trust ETF 0.14% 2,877 $258K Add +4.5%
FBCG Fidelity Blue Chip Grow ETF 0.14% 4,810 $258K Reduce -2.5%
IREN Iren Ltd. filed as IREN LIMITED 0.14% 5,420 $254K New
SYM Symbotic Inc. 0.13% 4,520 $244K New
PG The Procter & Gamble Co. 0.13% 1,569 $241K Add +1.3%
SMDV Proshrs RSL 2000 DVD GRW ETF 0.13% 3,591 $239K Reduce -12.0%
NOBL Proshares S&P 500 Dividend A 0.13% 2,307 $238K Add +0.1%
LLY Eli Lilly & Co. 0.13% 313 $237K Reduce -57.6%
ITW Illinois Tool Works 0.13% 903 $235K Add +3.3%
AMD Advanced Micro Devices 0.13% 1,425 $231K New
SQQQ Proshares TR 0.13% 15,000 $228K New
XLF SS Financial Select Sector 0.12% 4,175 $225K Reduce -0.5%
FBCV Fidelity Blue Chip Value ETF 0.12% 6,344 $216K No change
VOLT Tema Electrification 0.12% 7,475 $215K New
DON Wisdomtree US Midcap Dividen 0.12% 4,035 $211K Reduce -8.0%
NVD Granitesh 2XSHT Nvda ETF-Usd 0.05% 10,000 $87K New

Portfolio Sells Q2 2025 → Q3 2025
VRTX Vertex Pharmaceuticals Inc. Reduce -39.2% 0.69% −0.74
LMT Lockheed Martin Corp. Reduce -70.7% 0.18% −0.45
META Meta Platforms Inc. Class A Reduce -1.8% 3.03% −0.41
CRM Salesforce Inc. Reduce -49.7% 0.24% −0.37
V Visa Inc. Class A Reduce -2.6% 1.77% −0.33
MSFT Microsoft Corp. Reduce -2.0% 3.07% −0.27
LLY Eli Lilly & Co. Reduce -57.6% 0.13% −0.22
INTU Intuit Inc. Reduce -24.7% 0.26% −0.18
VZ Verizon Communications Inc. Reduce -11.1% 0.76% −0.17
MMM 3M Co. Reduce -1.0% 1.71% −0.17
SPY SS SPDR S&P 500 ETF Trust-US Reduce -21.7% 0.50% −0.16
ADBE Adobe Inc. Sold out 0.00% −0.15
ACN Accenture PLC Class A Sold out 0.00% −0.14
MS Morgan Stanley Sold out 0.00% −0.14
DOW Dow Inc. Sold out 0.00% −0.13
DIS The Walt Disney Co. Sold out 0.00% −0.13
WCN Waste Connections Inc. Reduce -10.6% 0.40% −0.13
JPM JPMorgan Chase & Co. Reduce -5.3% 1.65% −0.13
IWP iShares Russell Mid-Cap Grow Reduce -1.5% 1.18% −0.11
IWM iShares Russell 2000 ETF Reduce -14.6% 0.71% −0.11
PAYX Paychex Inc. Reduce -4.6% 0.32% −0.11
MRK Merck & Co. Inc. Reduce -25.8% 0.23% −0.09
WMT Walmart Inc. Reduce -2.9% 1.04% −0.09
AVGO Broadcom Inc. Reduce -8.8% 4.68% −0.07
IWN iShares Russell 2000 Value E Reduce -11.9% 0.48% −0.06
SBUX Starbucks Corp. Reduce -12.4% 0.15% −0.05
IWS iShares Russell Mid-Cap Valu Reduce -0.6% 0.86% −0.05
SDY SS SPDR S&P Dividend ETF Reduce -3.3% 0.42% −0.05
T AT&T Inc. Reduce -8.2% 0.18% −0.04
MCD McDonald's Corp. Reduce -2.0% 0.49% −0.04
FDN First Trust DJ Internet Ind Reduce -3.9% 0.39% −0.04
DLR Digital Realty Trust Inc. Reduce -9.7% 0.17% −0.04
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -11.4% 0.22% −0.04
DGRO iShares Core Dividend Growth Reduce -2.1% 0.50% −0.03
COWZ Pacer US Cash Cows 100 ETF Reduce -2.3% 0.36% −0.03
SMDV Proshrs RSL 2000 DVD GRW ETF Reduce -12.0% 0.13% −0.03
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -7.5% 0.26% −0.03
XLI SS Industrial Select Sector Reduce -6.9% 0.21% −0.03
IWD iShares Russell 1000 Value E Reduce -0.9% 0.43% −0.03
AXP American Express Co. Reduce -0.0% 0.42% −0.03
QQQM Invesco Nasdaq 100 ETF Reduce -6.7% 0.29% −0.03
IWF iShares Russell 1000 Growth Reduce -2.0% 1.06% −0.03
QQQ Invesco QQQ Trust Series 1 Reduce -11.9% 0.16% −0.02
TSCO Tractor Supply Company Reduce -0.3% 0.66% −0.02
DGRW Wisdomtree U.S. Quality Divi Reduce -2.5% 0.29% −0.02
DON Wisdomtree US Midcap Dividen Reduce -8.0% 0.12% −0.02
XLK SS Technology Select Sector Reduce -3.2% 0.58% −0.02
IWR iShares Russell Mid-Cap ETF Reduce -0.8% 0.24% −0.02
VIG Vanguard Dividend Apprec ETF Reduce -4.1% 0.15% −0.01
RWJ Invesco S&P Smallcap 600 Reduce -7.2% 0.17% −0.01

Portfolio Buys Q2 2025 → Q3 2025
AAPL Apple Inc. Add +3.3% 3.89% +0.53
ORCL Oracle Corp. Add +69.8% 1.00% +0.49
LRCX Lam Research Corp. Add +3.2% 2.25% +0.49
GEV GE Vernova Inc. New 0.44% +0.44
BDX Becton Dickinson and Co. New 0.43% +0.43
URI United Rentals Inc. Add +0.3% 2.80% +0.36
NOC Northrop Grumman Corp. New 0.36% +0.36
ABBV Abbvie Inc. Add +3.5% 2.29% +0.32
CAT Caterpillar Inc. Add +0.5% 3.10% +0.32
SLVR Sprott SLVR Miner & PHY SLVR New 0.25% +0.25
MO Altria Group Inc. New 0.19% +0.19
CMI Cummins Inc. Add +2.0% 1.08% +0.17
DELL Dell Technologies -C Add +4.1% 1.86% +0.15
CLOU Global X Cloud Computing ETF New 0.15% +0.15
CIBR First Trust Nasdaq Cybersecu New 0.14% +0.14
IREN Iren Ltd. New 0.14% +0.14
SYM Symbotic Inc. New 0.13% +0.13
AMD Advanced Micro Devices New 0.13% +0.13
SQQQ Proshares TR New 0.13% +0.13
VOLT Tema Electrification New 0.12% +0.12
TJX TJX Companies Inc. Add +5.3% 0.76% +0.08
BX Blackstone Inc. Add +1.1% 1.65% +0.07
CDNS Cadence Design SYS Inc. Add +3.0% 0.98% +0.06
XSW SS SPDR S&P Soft & Serv ETF Add +37.6% 0.22% +0.05
NVD Granitesh 2XSHT Nvda ETF-Usd New 0.05% +0.05
HD Home Depot Inc. Add +2.7% 1.95% +0.05
WSM Williams-Sonoma Inc. Add +0.2% 0.53% +0.04
MA Mastercard Inc. Class A Add +10.9% 0.75% +0.01
IVW iShares S&P 500 Growth ETF Add +4.3% 0.31% +0.01
GBTC Grayscale Bitcoin Trust ETF Add +4.5% 0.14% −0.00
DTCR Global X Data Center & Digit Add +0.5% 0.16% −0.00
ITW Illinois Tool Works Add +3.3% 0.13% −0.00
XLC SS Comm Select Sector SPDR Add +0.3% 0.24% −0.00
BAC Bank of America Corp. Add +1.3% 1.36% −0.00
PDI PIMCO Dynamic Income Fund Add +3.3% 0.20% −0.01
XLU St Sr Utl SL SE SPDR ETF-Usd Add +1.4% 0.43% −0.01
NOBL Proshares S&P 500 Dividend A Add +0.1% 0.13% −0.01
IGV iShares Expanded Tech-Softwa Add +1.1% 0.26% −0.01
VYM Vanguard High DVD Yield ETF Add +0.1% 0.32% −0.02
PG The Procter & Gamble Co. Add +1.3% 0.13% −0.02
TDV Proshares S&P Tech DVD Arist Add +0.5% 0.41% −0.03
TRV The Travelers Cos Inc. Add +0.8% 0.62% −0.03
TT Trane Technologies PLC Add +5.8% 0.41% −0.04
IJH iShares Core S&P Midcap ETF Add +0.3% 0.78% −0.04
PANW Palo Alto Networks Inc. Add +7.2% 1.05% −0.04
AMGN Amgen Inc. Add +0.2% 0.48% −0.04
CAH Cardinal Health Inc. Add +0.3% 0.30% −0.05
ADP Automatic Data Processing Add +3.6% 0.44% −0.05
WM Waste Management Inc. Add +4.2% 0.62% −0.06
HON Honeywell International Inc. Add +0.8% 0.43% −0.09

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 129$221.3MSTX, CAT, LRCX, DELL, AVGO
Q1 2026Amended 126$182.6MCAT, AAPL, AVGO, NVDA, STX
Q4 2025 121$179.5MAVGO, AAPL, NVDA, STX, GOOG
Q3 2025 126$181.1MAVGO, NVDA, AAPL, STX, CAT
Q2 2025 118$163.4MAVGO, NVDA, META, AAPL, MSFT
Q1 2025 118$144.2MAAPL, AVGO, META, NVDA, AMZN
Q4 2024 125$150.4MAVGO, AAPL, NVDA, AMZN, META
Q3 2024 128$150.4MAAPL, AVGO, META, NVDA, MSFT
Q2 2024 121$140.4MAAPL, AVGO, MSFT, AMZN, NVDA
Q1 2024 123$138.0MAAPL, AVGO, MSFT, AMZN, CAT