Nordwand Advisors, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), Nordwand Advisors, LLC reported 108 stock positions worth $266.3 million. Its top holding was Berkshire Hathaway Class A (BRK.A) at 48.0% of the portfolio, followed by Johnson & Johnson (JNJ, 36.8%) and Microsoft (MSFT, 2.9%). Compared with Q4 2024, it opened 9 new positions, sold out of 19, added to 10 and reduced 12. The biggest buy was a new position in Blue Owl Capital (OBDC) and the biggest sale Novocure (NVCR, shares −18%).

Most Recent 13F
Q2 2026
Location
RADNOR, PA
CIK
0001962713
Portfolio Value
$266.3M (Q1 2025)
SEC Filing
0001962713-25-000004 ↗ filed May 12, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $257.3M Q1 2024 Q2 2024: $229.3M Q2 2024 Q3 2024: $373.6M Q3 2024 Q4 2024: $242.7M Q4 2024 Q1 2025: $266.3M $266.3M Q1 2025 Q2 2025: $637.5M Q2 2025 Q3 2025: $630.5M Q3 2025 Q4 2025: $572.3M Q4 2025 Q1 2026: $571.7M Q1 2026 Q2 2026: $652.2M Q2 2026

Holdings 108 stocks · $266.3M
BRK.A Berkshire Hathaway Inc. Class A 47.97% 160 $127.8M No change
JNJ Johnson & Johnson 36.84% 591,684 $98.1M No change
MSFT Microsoft Corp. 2.92% 20,696 $7.8M Add +0.5%
JPIE JPMorgan Income ETF 2.27% 131,223 $6.0M No change
NVCR Novocure Ltd. 1.72% 256,628 $4.6M Reduce -17.8%
OSEA Harbor Intl Compounders ETF 1.48% 148,698 $3.9M Reduce -0.3%
AMBP Ardagh Metal Packaging SA 0.86% 754,987 $2.3M No change
AAPL Apple Inc. 0.68% 8,157 $1.8M Add +2.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.63% 3,000 $1.7M No change
JEPI JPMorgan Equity Premium Inco 0.42% 19,565 $1.1M Reduce -15.1%
OCSL Oaktree Specialty Lending Co. 0.33% 57,516 $883K No change
GRAB Grab Holdings Ltd. Class A 0.29% 170,500 $772K Reduce -74.7%
NVDA Nvidia Corp. 0.26% 6,372 $691K Add +43.7%
SRLN SS Blackstone Sr Loan ETF 0.26% 16,622 $684K Add +348.4%
CCAP Crescent Capital BDC Inc. 0.25% 38,860 $665K Add +431.6%
FSK FS KKR Capital Corp. 0.24% 30,850 $646K Add +369.2%
MSDL Morgan Stanley Direct Lendin 0.23% 31,186 $622K Add +94.2%
CLOZ Eldridge BBB-B Clo ETF 0.23% 22,600 $600K No change
OBDC Blue Owl Capital Corp. 0.20% 36,400 $534K New
IVE iShares S&P 500 Value ETF 0.19% 2,700 $515K No change
IVV iShares Core S&P 500 ETF 0.17% 814 $457K Reduce -8.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.16% 1,694 $421K No change
META Meta Platforms Inc. Class A 0.12% 550 $317K No change
AMZN Amazon.com Inc. 0.11% 1,554 $296K No change
NFLX Netflix Inc. 0.08% 240 $224K No change
GUG Guggenheim Active Allocation 0.07% 11,500 $173K Reduce -30.3%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.05% 2,825 $146K New
CAT Caterpillar Inc. 0.05% 420 $139K No change
TSLA Tesla Inc. 0.04% 450 $117K No change
JPM JPMorgan Chase & Co. 0.04% 439 $108K No change
CVX Chevron Corp. 0.04% 643 $108K No change
VEA Vanguard Ftse Developed ETF 0.04% 2,005 $102K No change
GS Goldman Sachs Group Inc. 0.04% 185 $101K No change
ABBV Abbvie Inc. 0.04% 482 $101K No change
IEMG iShares Core MSCI Emerging 0.04% 1,781 $96K Reduce -75.1%
C Citigroup Inc. 0.03% 1,250 $89K No change
PM Philip Morris International 0.03% 541 $86K No change
MRK Merck & Co. Inc. 0.03% 921 $83K No change
MMM 3M Co. 0.03% 505 $74K No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.02% 390 $63K No change
AMPS Altus Power Inc. 0.02% 11,742 $58K Reduce -73.6%
SPG Simon Property Group Inc. 0.02% 346 $57K No change
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.02% 230 $56K No change
PRF Invesco Rafi US 1000 ETF 0.02% 1,375 $56K No change
VWO Vanguard Ftse Emerging Marke 0.02% 1,220 $55K No change
GLD SPDR Gold Shares 0.02% 185 $53K No change
CFG Citizens Financial Group 0.02% 1,190 $49K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.02% 400 $49K No change
CSCO Cisco Systems Inc. 0.02% 770 $48K No change
DAL Delta Air Lines Inc. 0.02% 1,000 $44K No change
V Visa Inc. Class A 0.02% 115 $40K No change
TRV The Travelers Cos Inc. 0.01% 150 $40K No change
OHI Omega Healthcare Investors 0.01% 1,000 $38K No change
AXP American Express Co. 0.01% 135 $36K No change
IMVP Invesco India Exchange-Trade 0.01% 1,365 $34K No change
BLK BlackRock Inc. 0.01% 35 $33K No change
RTX RTX Corp. 0.01% 250 $33K No change
WMT Walmart Inc. 0.01% 366 $32K No change
AZN Astrazeneca PLC-Spons ADR 0.01% 400 $29K No change
EEM iShares MSCI Emerging Market 0.01% 669 $29K No change
TECX Tectonic Therapeutic Inc. 0.01% 1,500 $27K No change
SLF Sun Life Financial Inc. 0.01% 438 $25K No change
GILD Gilead Sciences Inc. 0.01% 200 $22K No change
PG The Procter & Gamble Co. 0.01% 125 $21K No change
PEG Public Service Enterprise GP 0.01% 250 $21K No change
EMR Emerson Electric Co. 0.01% 175 $19K No change
QQQ Invesco QQQ Trust Series 1 0.01% 39 $18K Add +34.5%
UBER Uber Technologies Inc. 0.01% 250 $18K Reduce -28.6%
MET Metlife Inc. 0.01% 215 $17K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.01% 405 $17K Reduce -25.7%
PROSHARES ULTSHRT UTILITIES 0.01% 1,000 $15K No change
HON Honeywell International Inc. 0.01% 65 $14K No change
NXUR Nxu Inc. 0.01% 5,000 $13K New
APD Air Products & Chemicals Inc. 0.01% 45 $13K No change
CSX CSX Corp. 0.01% 450 $13K No change
MS Morgan Stanley 0.01% 113 $13K No change
VOO Vanguard S&P 500 ETF 0.00% 24 $12K No change
EFA iShares MSCI Eafe ETF 0.00% 149 $12K No change
SBUX Starbucks Corp. 0.00% 124 $12K No change
WFC Wells Fargo & Co. 0.00% 160 $11K No change
DEO Diageo PLC-Sponsored ADR 0.00% 95 $10K No change
CAVA Cava Group Inc. 0.00% 100 $9K No change
TSBX Turnstone Biologics Corp. 0.00% 20,000 $8K New
FVD First Trust Value Line DVD 0.00% 171 $8K No change
WETH Wetouch Technology Inc. 0.00% 5,000 $7K New
GOOGL Alphabet Inc. Class A 0.00% 41 $6K No change
PFE Pfizer Inc. 0.00% 250 $6K No change
CLRB Cellectar Biosciences Inc. 0.00% 20,000 $6K New
ABNB Airbnb Inc. Class A 0.00% 50 $6K No change
UL Unilever PLC 0.00% 96 $6K No change
DIREXION DAILY FIN BEAR 3X 0.00% 1,000 $6K No change
UPS United Parcel Service Class B 0.00% 50 $6K No change
SOLV Solventum Corp. 0.00% 72 $5K Reduce -41.9%
XAIR Beyond Air Inc. 0.00% 15,000 $4K New
XLP SS Consumer Staples Sel Sect 0.00% 50 $4K No change
PROPHASE LABS INC 0.00% 10,000 $4K New
BIL SS SPDR BB 1-3M T-Bill ETF 0.00% 39 $4K No change
VB Vanguard Most SM-Cap ETF-Usd 0.00% 16 $4K Add +45.5%
BIDD iShares International Divide 0.00% 119 $3K No change
INDA iShares MSCI India ETF 0.00% 56 $3K Add +55.6%

Show all 108 holdings

Other holdings (1): bonds, preferreds, convertibles and warrants · $20 (not counted above)
SecurityClassShares / PrincipalValueChange
HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 9$20No change

Total filed on the 13F, all lines: $266.3M.

Portfolio Sells Q4 2024 → Q1 2025
NVCR Novocure Ltd. Reduce -17.8% 1.72% −2.12
GRAB Grab Holdings Ltd. Class A Reduce -74.7% 0.29% −1.02
MP MP Materials Corp. Sold out 0.00% −0.33
JEPI JPMorgan Equity Premium Inco Reduce -15.1% 0.42% −0.13
IEMG iShares Core MSCI Emerging Reduce -75.1% 0.04% −0.12
OSEA Harbor Intl Compounders ETF Reduce -0.3% 1.48% −0.11
LXU LSB Industries Inc. Sold out 0.00% −0.10
AMPS Altus Power Inc. Reduce -73.6% 0.02% −0.05
CLOX Eldridge Aaa Clo ETF Sold out 0.00% −0.05
BE Bloom Energy Corp. Class A Sold out 0.00% −0.04
IVV iShares Core S&P 500 ETF Reduce -8.0% 0.17% −0.04
GUG Guggenheim Active Allocation Reduce -30.3% 0.07% −0.04
REEAF Ree Automotive Ltd. Class A Sold out 0.00% −0.02
DIS The Walt Disney Co. Reduce -91.9% 0.00% −0.01
MU Micron Technology Inc. Sold out 0.00% −0.01
SNOW Snowflake Inc. Sold out 0.00% −0.01
ROKU Roku Inc. Sold out 0.00% −0.01
BABA Alibaba Group Holding-SP ADR Sold out 0.00% −0.00
DOCU Docusign Inc. Sold out 0.00% −0.00
BIDU Baidu Inc. - Spon ADR Sold out 0.00% −0.00
BAC Bank of America Corp. Reduce -25.7% 0.01% −0.00
XYZ Block Inc. Sold out 0.00% −0.00
PYPL PayPal Holdings Inc. Sold out 0.00% −0.00
GBIL Goldman Sachs Access Treasur Sold out 0.00% −0.00
UBER Uber Technologies Inc. Reduce -28.6% 0.01% −0.00
TTOO T2 Biosystems Inc. Sold out 0.00% −0.00
SOLV Solventum Corp. Reduce -41.9% 0.00% −0.00
LXRX Lexicon Pharmaceuticals Inc. Sold out 0.00% −0.00
XPEV Xpeng Inc. - ADR Sold out 0.00% −0.00
PLTK Playtika Holding Corp. Sold out 0.00% −0.00
OPEN Opendoor Technologies Inc. Sold out 0.00% −0.00

Portfolio Buys Q4 2024 → Q1 2025
OBDC Blue Owl Capital Corp. New 0.20% +0.20
SRLN SS Blackstone Sr Loan ETF Add +348.4% 0.26% +0.19
CCAP Crescent Capital BDC Inc. Add +431.6% 0.25% +0.19
FSK FS KKR Capital Corp. Add +369.2% 0.24% +0.18
MSDL Morgan Stanley Direct Lendin Add +94.2% 0.23% +0.10
JEPQ JPM Nasdaq Equity Premium New 0.05% +0.05
NVDA Nvidia Corp. Add +43.7% 0.26% +0.01
NXUR Nxu Inc. New 0.01% +0.01
TSBX Turnstone Biologics Corp. New 0.00% +0.00
WETH Wetouch Technology Inc. New 0.00% +0.00
CLRB Cellectar Biosciences Inc. New 0.00% +0.00
XAIR Beyond Air Inc. New 0.00% +0.00
PROPHASE LABS INC New 0.00% +0.00
QQQ Invesco QQQ Trust Series 1 Add +34.5% 0.01% +0.00
NVDL Granitesh 2X LNG Nvda ETF New 0.00% +0.00
INDA iShares MSCI India ETF Add +55.6% 0.00% +0.00
VB Vanguard Most SM-Cap ETF-Usd Add +45.5% 0.00% +0.00
AAPL Apple Inc. Add +2.1% 0.68% −0.14
MSFT Microsoft Corp. Add +0.5% 2.92% −0.66

Notes & Other Activity Q4 2024 → Q1 2025
ONCONETIX INC COM Sold out 0 $0before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 146$652.2MAVGO, VV, MRVL, IVV, MSFT
Q1 2026 150$571.7MVV, AVGO, MSFT, IVV, ETN
Q4 2025 146$572.3MAVGO, VV, MSFT, IVV, ORCL
Q3 2025 155$630.5MBRK.A, AVGO, VV, MSFT, ORCL
Q2 2025 174$637.5MBRK.A, JNJ, AVGO, VV, MSFT
Q1 2025 108$266.3MBRK.A, JNJ, MSFT, JPIE, NVCR
Q4 2024 118$242.7MBRK.A, JNJ, NVCR, MSFT, JPIE
Q3 2024 140$373.6MBRK.A, JNJ, NVCR, MSFT, JPIE
Q2 2024 151$229.3MBRK.A, JNJ, NVCR, MSFT, JPIE
Q1 2024 159$257.3MBRK.A, JNJ, NVCR, MSFT, JPIE