Nvwm, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), Nvwm, LLC reported 678 stock positions worth $414.1 million. Its top holding was Microsoft (MSFT) at 4.8% of the portfolio, followed by Amazon.com (AMZN, 3.5%) and Apple (AAPL, 3.1%). Compared with Q1 2025, it opened 67 new positions, sold out of 49, added to 204 and reduced 206. The biggest buy was Vanguard Short-Term Tips (VTIP, shares +605%) and the biggest sale iShares 7-10 Year Treasury B (IEF, shares −63%).
- Most Recent 13F
- Q2 2026
- Location
- YARDLEY, PA
- CIK
- 0001697274
- Portfolio Value
- $414.1M (Q2 2025)
- SEC Filing
- 0001697274-25-000004 ↗ filed Aug 6, 2025
Holdings Value
Holdings 678 stocks · $414.1M
| MSFT Microsoft Corp. | 4.75% | 39,561 | $19.7M | Add +2.0% |
| AMZN Amazon.com Inc. | 3.52% | 66,414 | $14.6M | Add +2.4% |
| AAPL Apple Inc. | 3.10% | 62,591 | $12.8M | Reduce -8.5% |
| NVDA Nvidia Corp. | 3.06% | 80,326 | $12.7M | Reduce -6.0% |
| VTIP Vanguard Short-Term Tips | 2.67% | 220,319 | $11.1M | Add +605.1% |
| META Meta Platforms Inc. Class A | 2.16% | 12,116 | $8.9M | Add +2.4% |
| GLD SPDR Gold Shares | 2.13% | 28,930 | $8.8M | Add +12.8% |
| VUSB Vanguard Ultra Short Bond Et | 1.89% | 156,927 | $7.8M | Add +10.6% |
| USFR Wisdomtree Floating Rate Tre | 1.88% | 154,429 | $7.8M | Add +47.1% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.85% | 69,735 | $7.6M | Add +14.6% |
| NFLX Netflix Inc. | 1.67% | 5,175 | $6.9M | Reduce -5.4% |
| AVGO Broadcom Inc. | 1.61% | 24,212 | $6.7M | Add +0.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.28% | 8,606 | $5.3M | Add +7.1% |
| GOOGL Alphabet Inc. Class A | 1.25% | 29,339 | $5.2M | Reduce -52.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.21% | 10,321 | $5.0M | Add +6.0% |
| V Visa Inc. Class A | 1.17% | 13,616 | $4.8M | Add +0.9% |
| JPM JPMorgan Chase & Co. | 1.08% | 15,462 | $4.5M | Add +1.6% |
| XLV SS Health Care Select Sector | 1.04% | 32,038 | $4.3M | Add +8.3% |
| IEF iShares 7-10 Year Treasury B | 0.99% | 42,735 | $4.1M | Reduce -63.4% |
| PANW Palo Alto Networks Inc. | 0.99% | 19,946 | $4.1M | Add +14.2% |
| WFC Wells Fargo & Co. | 0.94% | 48,495 | $3.9M | Add +21.8% |
| LLY Eli Lilly & Co. | 0.93% | 4,923 | $3.8M | Add +2.8% |
| ETN Eaton Corp. PLC | 0.92% | 10,635 | $3.8M | Add +2.6% |
| MA Mastercard Inc. Class A | 0.91% | 6,678 | $3.8M | Add +0.7% |
| EFA iShares MSCI Eafe ETF | 0.86% | 39,949 | $3.6M | Add +82.1% |
| AMD Advanced Micro Devices | 0.85% | 24,895 | $3.5M | Add +6.5% |
| IWR iShares Russell Mid-Cap ETF | 0.85% | 38,319 | $3.5M | Reduce -10.8% |
| JPST JPMorgan Ultra-Short Income | 0.84% | 68,452 | $3.5M | Add +70.5% |
| COST Costco Wholesale Corp. | 0.78% | 3,249 | $3.2M | Add +1.4% |
| AMAT Applied Materials Inc. | 0.76% | 17,235 | $3.2M | Add +3.9% |
| AXP American Express Co. | 0.76% | 9,810 | $3.1M | Reduce -35.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.75% | 10,273 | $3.1M | Reduce -28.4% |
| WMT Walmart Inc. | 0.75% | 31,649 | $3.1M | Reduce -0.4% |
| ANET Arista Networks Inc. | 0.74% | 29,832 | $3.1M | Reduce -29.0% |
| HD Home Depot Inc. | 0.71% | 7,969 | $2.9M | Add +5.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.68% | 22,636 | $2.8M | Reduce -15.9% |
| DELL Dell Technologies -C | 0.67% | 22,726 | $2.8M | Add +7.9% |
| GDX Vaneck Gold Miners ETF | 0.66% | 52,322 | $2.7M | Add +91.6% |
| UBER Uber Technologies Inc. | 0.65% | 28,952 | $2.7M | Reduce -11.0% |
| BND Vanguard Total Bond Market | 0.65% | 36,413 | $2.7M | Add +0.5% |
| IAU iShares Gold Trust | 0.64% | 42,586 | $2.7M | Reduce -34.3% |
| GEV GE Vernova Inc. | 0.63% | 4,943 | $2.6M | Add +98760.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.61% | 47,714 | $2.5M | Add +31.4% |
| SPOT Spotify Technology SA | 0.58% | 3,110 | $2.4M | Reduce -1.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.57% | 50,031 | $2.4M | Add +3.0% |
| ABBV Abbvie Inc. | 0.56% | 12,463 | $2.3M | Add +5.2% |
| HGER Harbor Commodity All Weather | 0.54% | 91,715 | $2.2M | Add +36.6% |
| SBUX Starbucks Corp. | 0.54% | 24,216 | $2.2M | Reduce -10.7% |
| AWK American Water Works Co. Inc. | 0.54% | 15,935 | $2.2M | Add +2.7% |
| MS Morgan Stanley | 0.53% | 15,607 | $2.2M | Add +5.2% |
| TMO Thermo Fisher Scientific Inc. | 0.53% | 5,385 | $2.2M | Add +10.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.52% | 17,363 | $2.1M | Reduce -4.0% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.51% | 4,147 | $2.1M | Add +31.7% |
| ZTS Zoetis Inc. | 0.51% | 13,470 | $2.1M | Reduce -14.3% |
| VXUS Vanguard Total Intl Stock | 0.51% | 30,399 | $2.1M | Reduce -0.4% |
| PAVE Global X US Infrastructure | 0.51% | 48,171 | $2.1M | Add +0.7% |
| MELI MercadoLibre Inc. | 0.50% | 798 | $2.1M | Reduce -12.4% |
| TT Trane Technologies PLC | 0.47% | 4,497 | $2.0M | Reduce -0.3% |
| WM Waste Management Inc. | 0.47% | 8,596 | $2.0M | Add +3.1% |
| ABT Abbott Laboratories | 0.47% | 14,361 | $2.0M | Add +1.8% |
| SHY iShares 1-3 Year Treasury Bo | 0.47% | 23,535 | $2.0M | Add +13.8% |
| HOOD Robinhood Markets Inc. Class A | 0.46% | 20,257 | $1.9M | Reduce -11.9% |
| TCAF T Rowe PRC Cap Appreciation | 0.45% | 52,673 | $1.9M | Add +2.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.45% | 2,310 | $1.9M | Reduce -0.4% |
| QEFA STSR SPD MSC Eaf Stgfs-US Inc. | 0.45% | 21,661 | $1.8M | Add +34.8% |
| VRSK Verisk Analytics Inc. | 0.44% | 5,873 | $1.8M | Reduce -0.7% |
| AGG iShares Core U.S. Aggregate | 0.43% | 18,139 | $1.8M | Add +15.5% |
| MCD McDonald's Corp. | 0.43% | 6,111 | $1.8M | Add +2.5% |
| UNP Union Pacific Corp. | 0.41% | 7,379 | $1.7M | Add +7.6% |
| SHOP Shopify Inc. Class A | 0.41% | 14,689 | $1.7M | Add +28.3% |
| PG The Procter & Gamble Co. | 0.40% | 10,459 | $1.7M | Add +11.4% |
| CRM Salesforce Inc. | 0.39% | 6,105 | $1.6M | Add +1.8% |
| DDOG Datadog Inc. Class A | 0.38% | 11,812 | $1.6M | Add +0.2% |
| NEE Nextera Energy Inc. | 0.37% | 22,190 | $1.5M | Add +9.6% |
| SON Sonoco Products Co. | 0.37% | 35,156 | $1.5M | Reduce -0.3% |
| CDNS Cadence Design SYS Inc. | 0.37% | 4,964 | $1.5M | Reduce -2.2% |
| SNPS Synopsys Inc. | 0.37% | 2,983 | $1.5M | Reduce -5.0% |
| PEP Pepsico Inc. | 0.36% | 11,322 | $1.5M | Add +23.1% |
| KLAC KLA Corp. | 0.36% | 1,651 | $1.5M | Reduce -0.7% |
| DUK Duke Energy Corp. | 0.36% | 12,459 | $1.5M | Reduce -1.1% |
| ACN Accenture PLC Class A | 0.35% | 4,785 | $1.4M | Reduce -20.0% |
| ATI Ati Inc. | 0.34% | 16,350 | $1.4M | Reduce -0.7% |
| CPRT Copart Inc. | 0.34% | 28,675 | $1.4M | Add +2.9% |
| DHR Danaher Corp. | 0.34% | 7,093 | $1.4M | Add +20.4% |
| SNOW Snowflake Inc. | 0.34% | 6,230 | $1.4M | Reduce -0.6% |
| MSCI MSCI Inc. | 0.34% | 2,409 | $1.4M | Add +36.0% |
| PWR Quanta Services Inc. | 0.33% | 3,649 | $1.4M | Reduce -0.7% |
| LRCX Lam Research Corp. | 0.33% | 14,090 | $1.4M | Reduce -0.8% |
| OKE Oneok Inc. | 0.32% | 16,332 | $1.3M | Add +11.5% |
| TLT iShares 20+ Year Treasury BD | 0.32% | 14,891 | $1.3M | Reduce -80.2% |
| NKE Nike Inc. Class B | 0.32% | 18,370 | $1.3M | Add +32.6% |
| CLH Clean Harbors Inc. | 0.31% | 5,588 | $1.3M | Reduce -0.6% |
| TDG Transdigm Group Inc. | 0.31% | 843 | $1.3M | Reduce -0.5% |
| IGV iShares Expanded Tech-Softwa | 0.31% | 11,606 | $1.3M | Reduce -0.5% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.31% | 3,955 | $1.3M | Reduce -0.6% |
| IBIT iShares Bitcoin Trust ETF | 0.30% | 20,434 | $1.3M | Add +10945.4% |
| EWW iShares MSCI Mexico ETF | 0.30% | 20,571 | $1.2M | Add +132.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.30% | 5,488 | $1.2M | New |
| C Citigroup Inc. | 0.30% | 14,571 | $1.2M | Reduce -0.3% |
| FDLO Fidelity Low Volat Fact ETF | 0.30% | 19,688 | $1.2M | Add +5.9% |
Other holdings (4): bonds, preferreds, convertibles and warrants · $132K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| TENN VALLEY AUTHORITY (TVA V0 05/01/29 A) | Pfd Stk | 5,020 | $117K | New |
| PHOENIX COMPANIES INC (PNX 7.45 01/15/32) | PREFERRED STOCKS | 400 | $7K | No change |
| PACIFIC GAS&ELEC (PCG 5.5 PERP B) | Preferred Stock | 300 | $6K | No change |
| BLACKROCK CORE BOND TRUST | COM | 14,689 | $2K | New |
Total filed on the 13F, all lines: $414.2M.
Portfolio Sells Q1 2025 → Q2 2025
| IEF iShares 7-10 Year Treasury B | Reduce -63.4% | 0.99% | −1.97 |
| TLT iShares 20+ Year Treasury BD | Reduce -80.2% | 0.32% | −1.50 |
| GOOGL Alphabet Inc. Class A | Reduce -52.2% | 1.25% | −1.27 |
| EMB iShares JP Morgan Usd Emergi | Reduce -87.1% | 0.14% | −1.01 |
| AAPL Apple Inc. | Reduce -8.5% | 3.10% | −0.94 |
| UNH Unitedhealth Group Inc. | Reduce -99.0% | 0.00% | −0.58 |
| IWM iShares Russell 2000 ETF | Reduce -77.7% | 0.16% | −0.56 |
| TSLA Tesla Inc. | Reduce -93.3% | 0.03% | −0.43 |
| DJP Ipath Bloomberg Commodity Inc. | Reduce -70.7% | 0.14% | −0.41 |
| IAU iShares Gold Trust | Reduce -34.3% | 0.64% | −0.37 |
| AXP American Express Co. | Reduce -35.7% | 0.76% | −0.34 |
| FISV Fiserv Inc. | Reduce -99.7% | 0.00% | −0.32 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -28.4% | 0.75% | −0.29 |
| KKR KKR & Co. Inc. | Reduce -99.6% | 0.00% | −0.29 |
| VST Vistra Corp. | Reduce -100.0% | 0.00% | −0.27 |
| SHEL Shell PLC-ADR | Sold out | 0.00% | −0.25 |
| CEG Constellation Energy | Reduce -94.0% | 0.02% | −0.23 |
| MRVL Marvell Technology Inc. | Reduce -92.6% | 0.02% | −0.22 |
| NXPI NXP Semiconductors NV | Reduce -99.9% | 0.00% | −0.21 |
| CCJ Cameco Corp. | Sold out | 0.00% | −0.20 |
| GWW WW Grainger Inc. | Reduce -96.4% | 0.01% | −0.20 |
| ZTS Zoetis Inc. | Reduce -14.3% | 0.51% | −0.18 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.17 |
| SBUX Starbucks Corp. | Reduce -10.7% | 0.54% | −0.17 |
| IR Ingersoll-Rand Inc. | Reduce -99.9% | 0.00% | −0.17 |
| ITA iShares U.S. Aerospace & Def | Reduce -54.0% | 0.17% | −0.16 |
| ACN Accenture PLC Class A | Reduce -20.0% | 0.35% | −0.15 |
| LULU Lululemon Athletica Inc. | Reduce -98.3% | 0.00% | −0.15 |
| SPDN Dir DLY SP 500 BR 1X ETF-Usi | Sold out | 0.00% | −0.14 |
| ADBE Adobe Inc. | Reduce -35.5% | 0.19% | −0.13 |
| ANET Arista Networks Inc. | Reduce -29.0% | 0.74% | −0.13 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -41.5% | 0.19% | −0.12 |
| IWR iShares Russell Mid-Cap ETF | Reduce -10.8% | 0.85% | −0.12 |
| GNRC Generac Holdings Inc. | Reduce -98.8% | 0.00% | −0.11 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -30.0% | 0.22% | −0.11 |
| TIP iShares Tips Bond ETF | Reduce -61.6% | 0.05% | −0.09 |
| AMLP Alerian MLP ETF | Reduce -8.7% | 0.29% | −0.08 |
| ICF iShares Select U.S. REIT ETF | Sold out | 0.00% | −0.08 |
| MBB iShares MBS ETF | Sold out | 0.00% | −0.08 |
| SON Sonoco Products Co. | Reduce -0.3% | 0.37% | −0.07 |
| TJX TJX Companies Inc. | Reduce -4.0% | 0.52% | −0.07 |
| VIK Viking Holdings Ltd. | Reduce -39.2% | 0.17% | −0.06 |
| AJG Arthur J Gallagher & Co. | Reduce -0.6% | 0.31% | −0.06 |
| DUK Duke Energy Corp. | Reduce -1.1% | 0.36% | −0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -0.7% | 0.25% | −0.05 |
| USDU Wisdomtree BBG Usd Bullish | Sold out | 0.00% | −0.04 |
| BKLN Invesco Senior Loan ETF | Reduce -31.9% | 0.05% | −0.03 |
| CB Chubb Ltd. | Reduce -0.5% | 0.20% | −0.03 |
| HUBS HubSpot Inc. | Reduce -0.4% | 0.21% | −0.03 |
| DIS The Walt Disney Co. | Reduce -15.9% | 0.68% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| VTIP Vanguard Short-Term Tips | Add +605.1% | 2.67% | +2.26 |
| MSFT Microsoft Corp. | Add +2.0% | 4.75% | +0.89 |
| GEV GE Vernova Inc. | Add +98760.0% | 0.63% | +0.63 |
| AVGO Broadcom Inc. | Add +0.2% | 1.61% | +0.54 |
| USFR Wisdomtree Floating Rate Tre | Add +47.1% | 1.88% | +0.47 |
| EFA iShares MSCI Eafe ETF | Add +82.1% | 0.86% | +0.39 |
| META Meta Platforms Inc. Class A | Add +2.4% | 2.16% | +0.35 |
| GDX Vaneck Gold Miners ETF | Add +91.6% | 0.66% | +0.32 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.30% | +0.30 |
| IBIT iShares Bitcoin Trust ETF | Add +10945.4% | 0.30% | +0.30 |
| JPST JPMorgan Ultra-Short Income | Add +70.5% | 0.84% | +0.30 |
| HEI Heico Corp. | New | 0.29% | +0.29 |
| BA The Boeing Co. | Add +24657.1% | 0.26% | +0.26 |
| BSX Boston Scientific Corp. | Add +24602.4% | 0.26% | +0.26 |
| GBTC Grayscale Bitcoin Trust ETF | Add +5573.7% | 0.27% | +0.26 |
| GEHC GE Healthcare Technology | Add +5483.1% | 0.25% | +0.25 |
| AMZN Amazon.com Inc. | Add +2.4% | 3.52% | +0.24 |
| PAGS Pagseguro Digital Ltd. Class A | New | 0.23% | +0.23 |
| IBN Icici Bank Ltd.-Spon ADR | New | 0.22% | +0.22 |
| AMD Advanced Micro Devices | Add +6.5% | 0.85% | +0.22 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +31.7% | 0.51% | +0.22 |
| ROST Ross Stores Inc. | Add +333300.0% | 0.21% | +0.21 |
| PANW Palo Alto Networks Inc. | Add +14.2% | 0.99% | +0.19 |
| EWW iShares MSCI Mexico ETF | Add +132.7% | 0.30% | +0.18 |
| WSM Williams-Sonoma Inc. | Add +918.6% | 0.20% | +0.18 |
| WFC Wells Fargo & Co. | Add +21.8% | 0.94% | +0.18 |
| RH RH | New | 0.17% | +0.17 |
| ETN Eaton Corp. PLC | Add +2.6% | 0.92% | +0.17 |
| GLD SPDR Gold Shares | Add +12.8% | 2.13% | +0.17 |
| DELL Dell Technologies -C | Add +7.9% | 0.67% | +0.16 |
| EWC iShares MSCI Canada ETF | Add +101.3% | 0.30% | +0.15 |
| AVAV Aerovironment Inc. | New | 0.15% | +0.15 |
| VGK Vanguard Ftse Europe ETF | New | 0.15% | +0.15 |
| LVHD Franklin U.S. Low Volatility | New | 0.14% | +0.14 |
| SFM Sprouts Farmers Market Inc. | New | 0.14% | +0.14 |
| QQQ Invesco QQQ Trust Series 1 | Add +331.9% | 0.17% | +0.13 |
| IWF iShares Russell 1000 Growth | New | 0.13% | +0.13 |
| AMAT Applied Materials Inc. | Add +3.9% | 0.76% | +0.12 |
| SHOP Shopify Inc. Class A | Add +28.3% | 0.41% | +0.12 |
| QEFA STSR SPD MSC Eaf Stgfs-US Inc. | Add +34.8% | 0.45% | +0.11 |
| HGER Harbor Commodity All Weather | Add +36.6% | 0.54% | +0.11 |
| DVY iShares Select Dividend ETF | Add +239.2% | 0.16% | +0.11 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +31.4% | 0.61% | +0.10 |
| JPM JPMorgan Chase & Co. | Add +1.6% | 1.08% | +0.09 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +14.6% | 1.85% | +0.09 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +7.1% | 1.28% | +0.09 |
| TW Tradeweb Markets Inc. Class A | New | 0.09% | +0.09 |
| CVX Chevron Corp. | Add +714.1% | 0.10% | +0.09 |
| NKE Nike Inc. Class B | Add +32.6% | 0.32% | +0.08 |
| DDOG Datadog Inc. Class A | Add +0.2% | 0.38% | +0.07 |
Notes & Other Activity Q1 2025 → Q2 2025
| TENN VALLEY AUTHORITY (TVA V0 05/01/29 A) | Pfd Stk | New | 5,020 | $117K |
| BLACKROCK CORE BOND TRUST | COM | New | 14,689 | $2K |
| DTE DTE Energy Company | COM | Reduce -100.0% | 0 | $0 |
| CPB The Campbell's Company | COM | New | 0 | $0 |
| MPAA Motorcar Parts of America Inc. | COM | Sold out | 0 | $0before exit |
| NOK Nokia Corp.-Spon ADR | SPONSORED ADR | New | 0 | $0 |
| OI O-I Glass Inc. | COM | New | 0 | $0 |
| GRRR Gorilla Technology Group Inc. | SHS NEW | Sold out | 0 | $0before exit |
| FLEX Flex Ltd. | ORD | New | 0 | $0 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 771 | $496.3M | AAPL, NVDA, GOOGL, AMZN, MSFT |
| Q1 2026 | 742 | $449.2M | AAPL, MSFT, NVDA, AMZN, GLD |
| Q4 2025 | 740 | $459.6M | MSFT, AAPL, AMZN, NVDA, SPY |
| Q3 2025 | 678 | $444.6M | MSFT, AAPL, AMZN, NVDA, VTIP |
| Q2 2025 | 678 | $414.1M | MSFT, AMZN, AAPL, NVDA, VTIP |
| Q1 2025 | 660 | $376.5M | AAPL, MSFT, AMZN, IEF, GOOGL |
| Q4 2024 | 654 | $396.4M | AAPL, AMZN, MSFT, GOOGL, NVDA |
| Q3 2024 | 649 | $392.9M | AAPL, MSFT, AMZN, NVDA, IEF |
| Q2 2024 | 634 | $375.5M | MSFT, AMZN, AAPL, GOOGL, IEF |
| Q1 2024 | 611 | $364.2M | MSFT, AMZN, AAPL, IEF, GOOGL |