NDWM LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 22, 2024), NDWM LLC reported 32 stock positions worth $121.3 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 33.2% of the portfolio, followed by SS Spdrb B 3-12M T-Bill ETF (BILS, 15.1%) and SS SPDR BB 1-3M T-Bill ETF (BIL, 13.3%). Compared with Q2 2024, it opened 2 new positions, sold out of 3, added to 15 and reduced 6. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +99%) and the biggest sale iShares 20+ Year Treasury BD (TLT, shares −86%).
- Most Recent 13F
- Q2 2026
- Location
- LA JOLLA, CA
- CIK
- 0001818386
- Portfolio Value
- $121.3M (Q3 2024)
- SEC Filing
- 0001085146-24-005053 ↗ filed Oct 22, 2024
Holdings Value
Holdings 32 stocks · $121.3M
| IVV iShares Core S&P 500 ETF | 33.25% | 69,932 | $40.3M | Add +0.4% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 15.14% | 184,427 | $18.4M | Add +3.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 13.28% | 175,468 | $16.1M | Add +1.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 6.24% | 13,191 | $7.6M | Add +98.8% |
| RSP Invesco S&P 500 Equal Weight | 5.22% | 35,351 | $6.3M | Add +7.5% |
| XLK SS Technology Select Sector | 3.47% | 18,627 | $4.2M | Reduce -2.9% |
| IJS iShares S&P Small-Cap 600 Va | 2.71% | 30,546 | $3.3M | Add +7.0% |
| QQQ Invesco QQQ Trust Series 1 | 2.47% | 6,128 | $3.0M | Reduce -3.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.23% | 5,867 | $2.7M | Add +40.2% |
| IJR iShares Core S&P Small-Cap E | 2.05% | 21,240 | $2.5M | New |
| NOW ServiceNow Inc. | 1.78% | 2,415 | $2.2M | No change |
| EQL CI Inv SP 500 Equ Weg Ind-Ui | 1.64% | 15,558 | $2.0M | Add +241.9% |
| SHY iShares 1-3 Year Treasury Bo | 1.45% | 21,096 | $1.8M | Add +54.3% |
| SLQD iShares 0-5 YR Inv GRD Corp. | 1.21% | 29,089 | $1.5M | Reduce -2.9% |
| AGG iShares Core U.S. Aggregate | 1.04% | 12,499 | $1.3M | Add +34.3% |
| TSLA Tesla Inc. | 0.76% | 3,533 | $924K | Add +0.4% |
| GLD SPDR Gold Shares | 0.71% | 3,546 | $862K | Add +24.1% |
| AAPL Apple Inc. | 0.64% | 3,318 | $773K | Add +0.1% |
| NTSX Wisdomtree US Efficient Core | 0.58% | 15,042 | $707K | Reduce -80.9% |
| PZT Invesco New York Amt-Free Mu | 0.57% | 29,390 | $686K | No change |
| NYF iShares New York Muni Bond E | 0.56% | 12,583 | $684K | No change |
| TLT iShares 20+ Year Treasury BD | 0.43% | 5,363 | $526K | Reduce -86.5% |
| IWN iShares Russell 2000 Value E | 0.40% | 2,889 | $482K | Reduce -12.6% |
| CMF iShares California Muni Bond | 0.36% | 7,438 | $432K | No change |
| PHYS Sprott Physical Gold Trust | 0.32% | 19,065 | $389K | No change |
| MSFT Microsoft Corp. | 0.30% | 838 | $361K | No change |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.23% | 6,331 | $275K | Add +0.1% |
| XLE SS Energy Select Sector | 0.22% | 3,001 | $264K | Add +0.1% |
| LLY Eli Lilly & Co. | 0.21% | 286 | $253K | No change |
| VOO Vanguard S&P 500 ETF | 0.20% | 453 | $239K | No change |
| CPB The Campbell's Company filed as CAMPBELL SOUP CO | 0.19% | 4,709 | $230K | No change |
| IEI iShares 3-7 Year Treasury Bo | 0.18% | 1,863 | $223K | New |
Portfolio Sells Q2 2024 → Q3 2024
| TLT iShares 20+ Year Treasury BD | Reduce -86.5% | 0.43% | −2.79 |
| NTSX Wisdomtree US Efficient Core | Reduce -80.9% | 0.58% | −2.49 |
| HCMT Direxion HCM Tactic US ETF | Sold out | 0.00% | −0.59 |
| XLK SS Technology Select Sector | Reduce -2.9% | 3.47% | −0.38 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -3.4% | 2.47% | −0.23 |
| BA The Boeing Co. | Sold out | 0.00% | −0.20 |
| PROSHARES ULTRASHORT TECH | Sold out | 0.00% | −0.15 |
| SLQD iShares 0-5 YR Inv GRD Corp. | Reduce -2.9% | 1.21% | −0.10 |
| IWN iShares Russell 2000 Value E | Reduce -12.6% | 0.40% | −0.05 |
Portfolio Buys Q2 2024 → Q3 2024
| SPY SS SPDR S&P 500 ETF Trust-US | Add +98.8% | 6.24% | +3.04 |
| IJR iShares Core S&P Small-Cap E | New | 2.05% | +2.05 |
| EQL CI Inv SP 500 Equ Weg Ind-Ui | Add +241.9% | 1.64% | +1.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +40.2% | 2.23% | +0.72 |
| SHY iShares 1-3 Year Treasury Bo | Add +54.3% | 1.45% | +0.46 |
| RSP Invesco S&P 500 Equal Weight | Add +7.5% | 5.22% | +0.43 |
| IJS iShares S&P Small-Cap 600 Va | Add +7.0% | 2.71% | +0.25 |
| AGG iShares Core U.S. Aggregate | Add +34.3% | 1.04% | +0.24 |
| IEI iShares 3-7 Year Treasury Bo | New | 0.18% | +0.18 |
| GLD SPDR Gold Shares | Add +24.1% | 0.71% | +0.17 |
| TSLA Tesla Inc. | Add +0.4% | 0.76% | +0.14 |
| AAPL Apple Inc. | Add +0.1% | 0.64% | +0.02 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +0.1% | 0.23% | −0.01 |
| XLE SS Energy Select Sector | Add +0.1% | 0.22% | −0.02 |
| IVV iShares Core S&P 500 ETF | Add +0.4% | 33.25% | −0.53 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +3.6% | 15.14% | −0.53 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +1.6% | 13.28% | −0.76 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 38 | $170.2M | IVV, RSP, AGG, BILS, GLD |
| Q1 2026 | 37 | $154.2M | IVV, RSP, AGG, BILS, GLD |
| Q4 2025 | 33 | $151.1M | IVV, SPY, BILS, GLD, BIL |
| Q3 2025 | 34 | $147.4M | IVV, SPY, BILS, BIL, GLD |
| Q2 2025 | 31 | $136.6M | IVV, SPY, BILS, BIL, RSP |
| Q1 2025 | 33 | $102.3M | IVV, BILS, BIL, RSP, SPY |
| Q4 2024 | 31 | $119.6M | IVV, BILS, SPY, BIL, RSP |
| Q3 2024 | 32 | $121.3M | IVV, BILS, BIL, SPY, RSP |
| Q2 2024 | 33 | $112.8M | IVV, BILS, BIL, RSP, XLK |
| Q1 2024 | 32 | $109.8M | IVV, BILS, BIL, RSP, XLK |