Nvwm, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 20, 2026), Nvwm, LLC reported 740 stock positions worth $459.6 million. Its top holding was Microsoft (MSFT) at 4.2% of the portfolio, followed by Apple (AAPL, 3.7%) and Amazon.com (AMZN, 3.4%). Compared with Q3 2025, it opened 85 new positions, sold out of 21, added to 264 and reduced 170. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +95%) and the biggest sale Microsoft (MSFT, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- YARDLEY, PA
- CIK
- 0001697274
- Portfolio Value
- $459.6M (Q4 2025)
- SEC Filing
- 0001697274-26-000001 ↗ filed Jan 20, 2026
Holdings Value
Holdings 740 stocks · $459.6M
| MSFT Microsoft Corp. | 4.16% | 39,553 | $19.1M | Reduce -1.3% |
| AAPL Apple Inc. | 3.68% | 62,200 | $16.9M | Reduce -1.5% |
| AMZN Amazon.com Inc. | 3.35% | 66,766 | $15.4M | Reduce -0.1% |
| NVDA Nvidia Corp. | 3.22% | 79,304 | $14.8M | Add +9.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.59% | 17,480 | $11.9M | Add +94.6% |
| GOOGL Alphabet Inc. Class A | 2.49% | 36,530 | $11.4M | Reduce -1.7% |
| GLD SPDR Gold Shares | 2.33% | 26,974 | $10.7M | Reduce -6.3% |
| USFR Wisdomtree Floating Rate Tre | 2.27% | 207,313 | $10.4M | Add +10.8% |
| VTIP Vanguard Short-Term Tips | 2.15% | 199,848 | $9.9M | Reduce -12.2% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.84% | 76,656 | $8.4M | Add +4.9% |
| META Meta Platforms Inc. Class A | 1.75% | 12,153 | $8.0M | Add +0.8% |
| AVGO Broadcom Inc. | 1.73% | 22,990 | $8.0M | Reduce -3.4% |
| VUSB Vanguard Ultra Short Bond Et | 1.71% | 157,359 | $7.8M | Add +0.6% |
| XLV SS Health Care Select Sector | 1.30% | 38,713 | $6.0M | Add +13.3% |
| AMD Advanced Micro Devices | 1.16% | 24,857 | $5.3M | Reduce -2.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.14% | 10,441 | $5.2M | Reduce -0.3% |
| NFLX Netflix Inc. | 1.10% | 53,849 | $5.0M | Add +3.3% |
| V Visa Inc. Class A | 1.08% | 14,089 | $4.9M | Add +0.4% |
| JPM JPMorgan Chase & Co. | 1.03% | 14,753 | $4.8M | Reduce -2.3% |
| AGG iShares Core U.S. Aggregate | 1.02% | 46,797 | $4.7M | Add +140.9% |
| IEF iShares 7-10 Year Treasury B | 0.98% | 46,871 | $4.5M | Add +8.2% |
| WFC Wells Fargo & Co. | 0.97% | 47,840 | $4.5M | Reduce -2.3% |
| GDX Vaneck Gold Miners ETF | 0.95% | 50,672 | $4.3M | Reduce -2.3% |
| AMAT Applied Materials Inc. | 0.94% | 16,823 | $4.3M | Reduce -3.0% |
| IWM iShares Russell 2000 ETF | 0.88% | 16,487 | $4.1M | Add +440.9% |
| IWR iShares Russell Mid-Cap ETF | 0.85% | 40,356 | $3.9M | Add +3.2% |
| MA Mastercard Inc. Class A | 0.85% | 6,804 | $3.9M | Add +1.5% |
| COST Costco Wholesale Corp. | 0.81% | 4,339 | $3.7M | Add +25.0% |
| ANET Arista Networks Inc. | 0.81% | 28,316 | $3.7M | Reduce -1.1% |
| IAU iShares Gold Trust | 0.80% | 45,183 | $3.7M | Add +0.7% |
| PANW Palo Alto Networks Inc. | 0.79% | 19,687 | $3.6M | Reduce -1.1% |
| HGER Harbor Commodity All Weather | 0.76% | 140,743 | $3.5M | Add +45.2% |
| LLY Eli Lilly & Co. | 0.76% | 3,248 | $3.5M | Reduce -1.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.76% | 10,411 | $3.5M | Reduce -0.5% |
| WMT Walmart Inc. | 0.76% | 31,269 | $3.5M | Reduce -1.8% |
| MRK Merck & Co. Inc. | 0.75% | 32,941 | $3.5M | Add +2930.4% |
| AXP American Express Co. | 0.74% | 9,251 | $3.4M | Reduce -3.2% |
| EFA iShares MSCI Eafe ETF | 0.74% | 35,627 | $3.4M | Reduce -7.5% |
| ETN Eaton Corp. PLC | 0.73% | 10,537 | $3.4M | Reduce -0.5% |
| TMO Thermo Fisher Scientific Inc. | 0.67% | 5,328 | $3.1M | Reduce -2.8% |
| GEV GE Vernova Inc. | 0.67% | 4,685 | $3.1M | Reduce -2.0% |
| HD Home Depot Inc. | 0.64% | 8,509 | $2.9M | Add +5.0% |
| ABBV Abbvie Inc. | 0.61% | 12,254 | $2.8M | Reduce -1.1% |
| BND Vanguard Total Bond Market | 0.60% | 37,524 | $2.8M | Add +1.4% |
| DELL Dell Technologies -C | 0.60% | 21,945 | $2.8M | Add +0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.58% | 48,287 | $2.7M | Reduce -2.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.57% | 17,111 | $2.6M | Reduce -1.4% |
| MS Morgan Stanley | 0.57% | 14,664 | $2.6M | Reduce -4.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.57% | 22,843 | $2.6M | Reduce -2.4% |
| CDNS Cadence Design SYS Inc. | 0.55% | 8,063 | $2.5M | Reduce -19.6% |
| JPST JPMorgan Ultra-Short Income | 0.54% | 48,617 | $2.5M | Add +2.5% |
| VXUS Vanguard Total Intl Stock | 0.53% | 32,030 | $2.4M | Add +1.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.52% | 2,228 | $2.4M | Reduce -3.2% |
| UBER Uber Technologies Inc. | 0.52% | 29,096 | $2.4M | Reduce -0.4% |
| LRCX Lam Research Corp. | 0.51% | 13,781 | $2.4M | Reduce -2.0% |
| QEFA STSR SPD MSC Eaf Stgfs-US Inc. | 0.48% | 24,512 | $2.2M | Add +4.4% |
| HOOD Robinhood Markets Inc. Class A | 0.48% | 19,315 | $2.2M | Reduce -2.2% |
| ORCL Oracle Corp. | 0.47% | 11,015 | $2.1M | Add +65.1% |
| EEM iShares MSCI Emerging Market | 0.46% | 38,323 | $2.1M | Add +54.7% |
| SBUX Starbucks Corp. | 0.46% | 24,867 | $2.1M | Reduce -1.2% |
| PAVE Global X US Infrastructure | 0.45% | 43,412 | $2.1M | Add +1.0% |
| WM Waste Management Inc. | 0.45% | 9,385 | $2.1M | Add +2.0% |
| PLD Prologis Inc. | 0.43% | 15,486 | $2.0M | Add +6069.7% |
| KLAC KLA Corp. | 0.43% | 1,614 | $2.0M | Reduce -2.6% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.43% | 24,245 | $2.0M | Reduce -4.5% |
| TCAF T Rowe PRC Cap Appreciation | 0.42% | 50,376 | $1.9M | Add +1.7% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.41% | 4,030 | $1.9M | Reduce -2.1% |
| ABT Abbott Laboratories | 0.41% | 15,041 | $1.9M | Add +4.3% |
| XEL Xcel Energy Inc. | 0.40% | 24,767 | $1.8M | Reduce -0.5% |
| ATI Ati Inc. | 0.40% | 15,885 | $1.8M | Reduce -2.4% |
| MCD McDonald's Corp. | 0.40% | 5,960 | $1.8M | Reduce -2.0% |
| NEE Nextera Energy Inc. | 0.39% | 22,425 | $1.8M | Reduce -2.2% |
| SHY iShares 1-3 Year Treasury Bo | 0.39% | 21,690 | $1.8M | Add +3.7% |
| UNP Union Pacific Corp. | 0.38% | 7,505 | $1.7M | Reduce -2.0% |
| MELI MercadoLibre Inc. | 0.38% | 861 | $1.7M | Add +3.9% |
| SHOP Shopify Inc. Class A | 0.37% | 10,652 | $1.7M | Add +2.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.37% | 21,063 | $1.7M | New |
| PEP Pepsico Inc. | 0.37% | 11,771 | $1.7M | Reduce -2.3% |
| C Citigroup Inc. | 0.36% | 14,250 | $1.7M | Reduce -1.9% |
| XBI SS SPDR S&P Biotech ETF | 0.36% | 13,619 | $1.7M | Reduce -2.2% |
| TT Trane Technologies PLC | 0.36% | 4,252 | $1.7M | Reduce -0.7% |
| DHR Danaher Corp. | 0.36% | 7,141 | $1.6M | Reduce -2.2% |
| BA The Boeing Co. | 0.35% | 7,454 | $1.6M | Add +42.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.35% | 5,320 | $1.6M | Reduce -2.3% |
| SNPS Synopsys Inc. | 0.34% | 3,375 | $1.6M | Add +13.9% |
| DDOG Datadog Inc. Class A | 0.34% | 11,655 | $1.6M | Reduce -0.7% |
| XLK SS Technology Select Sector | 0.34% | 10,991 | $1.6M | Add +65.3% |
| DUK Duke Energy Corp. | 0.34% | 13,432 | $1.6M | Reduce -0.7% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.34% | 29,120 | $1.5M | Reduce -39.1% |
| KMLM Kraneshares MT LC MN FT Id S | 0.33% | 58,951 | $1.5M | Add +146.2% |
| SON Sonoco Products Co. | 0.33% | 34,666 | $1.5M | No change |
| PWR Quanta Services Inc. | 0.33% | 3,548 | $1.5M | Reduce -3.3% |
| PH Parker Hannifin Corp. | 0.33% | 1,703 | $1.5M | Reduce -2.0% |
| PG The Procter & Gamble Co. | 0.32% | 10,345 | $1.5M | Reduce -5.4% |
| MSCI MSCI Inc. | 0.32% | 2,570 | $1.5M | Reduce -1.3% |
| AMLP Alerian MLP ETF | 0.32% | 31,254 | $1.5M | Add +13.3% |
| DXJ Wisdomtree Japan Hedged Eq | 0.32% | 10,168 | $1.5M | Reduce -1.1% |
| EW Edwards Lifesciences Corp. | 0.32% | 17,166 | $1.5M | Add +74534.8% |
| EWW iShares MSCI Mexico ETF | 0.31% | 20,355 | $1.4M | Add +1.8% |
| EWC iShares MSCI Canada ETF | 0.30% | 25,942 | $1.4M | Reduce -1.1% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $13K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| 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 |
Total filed on the 13F, all lines: $459.6M.
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -1.3% | 4.16% | −0.51 |
| VTIP Vanguard Short-Term Tips | Reduce -12.2% | 2.15% | −0.44 |
| ZTS Zoetis Inc. | Reduce -85.0% | 0.06% | −0.40 |
| VRSK Verisk Analytics Inc. | Reduce -99.5% | 0.00% | −0.36 |
| CPRT Copart Inc. | Reduce -99.7% | 0.00% | −0.31 |
| ACN Accenture PLC Class A | Reduce -99.5% | 0.00% | −0.29 |
| AWK American Water Works Co. Inc. | Reduce -50.4% | 0.23% | −0.28 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.27 |
| CDNS Cadence Design SYS Inc. | Reduce -19.6% | 0.55% | −0.24 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -39.1% | 0.34% | −0.24 |
| DT Dynatrace Inc. | Sold out | 0.00% | −0.21 |
| WDAY Workday Inc. Class A | Reduce -100.0% | 0.00% | −0.19 |
| COIN Coinbase Global Inc. Class A | Reduce -99.2% | 0.00% | −0.19 |
| MSTR Strategy Inc. | Reduce -99.5% | 0.00% | −0.18 |
| IBIT iShares Bitcoin Trust ETF | Reduce -41.2% | 0.13% | −0.17 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -73.6% | 0.06% | −0.17 |
| HUBS HubSpot Inc. | Reduce -99.9% | 0.00% | −0.16 |
| ETN Eaton Corp. PLC | Reduce -0.5% | 0.73% | −0.16 |
| HOOD Robinhood Markets Inc. Class A | Reduce -2.2% | 0.48% | −0.16 |
| OXY Occidental Petroleum Corp. | Reduce -99.5% | 0.00% | −0.15 |
| GBTC Grayscale Bitcoin Trust ETF | Reduce -37.7% | 0.12% | −0.14 |
| LVHD Franklin U.S. Low Volatility | Reduce -95.6% | 0.01% | −0.14 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.14 |
| ANET Arista Networks Inc. | Reduce -1.1% | 0.81% | −0.13 |
| SFM Sprouts Farmers Market Inc. | Reduce -99.9% | 0.00% | −0.13 |
| UBER Uber Technologies Inc. | Reduce -0.4% | 0.52% | −0.13 |
| PANW Palo Alto Networks Inc. | Reduce -1.1% | 0.79% | −0.12 |
| NKE Nike Inc. Class B | Reduce -27.7% | 0.20% | −0.12 |
| SPOT Spotify Technology SA | Reduce -18.6% | 0.22% | −0.11 |
| BSX Boston Scientific Corp. | Reduce -43.2% | 0.12% | −0.10 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -47.3% | 0.09% | −0.09 |
| EFA iShares MSCI Eafe ETF | Reduce -7.5% | 0.74% | −0.06 |
| CVX Chevron Corp. | Reduce -16.1% | 0.24% | −0.06 |
| TIP iShares Tips Bond ETF | Reduce -53.7% | 0.04% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -5.4% | 0.32% | −0.06 |
| XEL Xcel Energy Inc. | Reduce -0.5% | 0.40% | −0.05 |
| NOW ServiceNow Inc. | Reduce -4.0% | 0.17% | −0.05 |
| BKLN Invesco Senior Loan ETF | Sold out | 0.00% | −0.05 |
| TT Trane Technologies PLC | Reduce -0.7% | 0.36% | −0.05 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -2.1% | 0.41% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.3% | 1.14% | −0.04 |
| AVAV Aerovironment Inc. | Reduce -1.8% | 0.11% | −0.04 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -4.5% | 0.43% | −0.04 |
| DIS The Walt Disney Co. | Reduce -2.4% | 0.57% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -2.3% | 1.03% | −0.04 |
| ABBV Abbvie Inc. | Reduce -1.1% | 0.61% | −0.04 |
| AVGO Broadcom Inc. | Reduce -3.4% | 1.73% | −0.04 |
| DUK Duke Energy Corp. | Reduce -0.7% | 0.34% | −0.03 |
| DDOG Datadog Inc. Class A | Reduce -0.7% | 0.34% | −0.03 |
| XYL Xylem Inc. | Reduce -1.7% | 0.21% | −0.03 |
Portfolio Buys Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Add +94.6% | 2.59% | +1.25 |
| MRK Merck & Co. Inc. | Add +2930.4% | 0.75% | +0.73 |
| IWM iShares Russell 2000 ETF | Add +440.9% | 0.88% | +0.72 |
| AGG iShares Core U.S. Aggregate | Add +140.9% | 1.02% | +0.58 |
| PLD Prologis Inc. | Add +6069.7% | 0.43% | +0.42 |
| SPYM Ste STR SPDR PT S&P 500 ETF | New | 0.37% | +0.37 |
| EW Edwards Lifesciences Corp. | Add +74534.8% | 0.32% | +0.32 |
| SN Sharkninja Inc. | New | 0.29% | +0.29 |
| XLV SS Health Care Select Sector | Add +13.3% | 1.30% | +0.23 |
| HGER Harbor Commodity All Weather | Add +45.2% | 0.76% | +0.20 |
| KMLM Kraneshares MT LC MN FT Id S | Add +146.2% | 0.33% | +0.19 |
| NVDA Nvidia Corp. | Add +9.5% | 3.22% | +0.18 |
| EEM iShares MSCI Emerging Market | Add +54.7% | 0.46% | +0.16 |
| USFR Wisdomtree Floating Rate Tre | Add +10.8% | 2.27% | +0.16 |
| PFE Pfizer Inc. | Add +882.1% | 0.15% | +0.14 |
| XLK SS Technology Select Sector | Add +65.3% | 0.34% | +0.13 |
| BA The Boeing Co. | Add +42.8% | 0.35% | +0.10 |
| COST Costco Wholesale Corp. | Add +25.0% | 0.81% | +0.09 |
| PRIM Primoris Services Corp. | New | 0.09% | +0.09 |
| VST Vistra Corp. | Add +63600.0% | 0.09% | +0.09 |
| IAU iShares Gold Trust | Add +0.7% | 0.80% | +0.06 |
| CLS Celestica Inc. | New | 0.05% | +0.05 |
| MBB iShares MBS ETF | New | 0.05% | +0.05 |
| ORCL Oracle Corp. | Add +65.1% | 0.47% | +0.05 |
| IEF iShares 7-10 Year Treasury B | Add +8.2% | 0.98% | +0.04 |
| CAT Caterpillar Inc. | Add +0.1% | 0.26% | +0.04 |
| AMLP Alerian MLP ETF | Add +13.3% | 0.32% | +0.03 |
| RACE Ferrari NV | Add +49.0% | 0.25% | +0.03 |
| SHOP Shopify Inc. Class A | Add +2.5% | 0.37% | +0.03 |
| REGN Regeneron Pharmaceuticals | Add +2033.3% | 0.02% | +0.02 |
| XLF SS Financial Select Sector | Add +48.9% | 0.06% | +0.02 |
| QEFA STSR SPD MSC Eaf Stgfs-US Inc. | Add +4.4% | 0.48% | +0.02 |
| GS Goldman Sachs Group Inc. | Add +4.6% | 0.17% | +0.02 |
| SNPS Synopsys Inc. | Add +13.9% | 0.34% | +0.02 |
| XLI SS Industrial Select Sector | Add +18.7% | 0.12% | +0.02 |
| XLY SS Consumer Disc Select Sect | Add +80.2% | 0.03% | +0.01 |
| SMH Vaneck Semiconductor ETF | Add +0.9% | 0.17% | +0.01 |
| QXO Qxo Inc. | Add +100.0% | 0.02% | +0.01 |
| JCI Johnson Controls Internation | Add +1.4% | 0.16% | +0.01 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +1.0% | 0.20% | +0.01 |
| OKLO Oklo Inc. | New | 0.01% | +0.01 |
| DDWM Wisdomtree DY Inter Eq FD-US | Add +10000.0% | 0.01% | +0.01 |
| XLB SS Materials Select Sector | Add +7.8% | 0.16% | +0.01 |
| FT UT11774MGCPSRRSA | New | 0.01% | +0.01 |
| SH Proshares Short S&P500 | New | 0.01% | +0.01 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +10.6% | 0.15% | +0.01 |
| JEF Jefferies Financial Group Inc. | New | 0.01% | +0.01 |
| EWY iShares MSCI South Korea ETF | New | 0.01% | +0.01 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +4.9% | 1.84% | +0.01 |
| INDA iShares MSCI India ETF | Add +1.8% | 0.28% | +0.01 |
Notes & Other Activity Q3 2025 → Q4 2025
| CCI Crown Castle Inc. | COM | Reduce -100.0% | 0 | $0 |
| SMCI Super Micro Computer Inc. | COM NEW | Reduce -100.0% | 0 | $0 |
| MOH Molina Healthcare Inc. | COM | Reduce -100.0% | 0 | $0 |
| CDW CDW Corp. | COM | Reduce -100.0% | 0 | $0 |
| CIFR Cipher Digital Inc. | COM | New | 0 | $0 |
| ENVXW Enovix Corp. | COM | Sold out | 24 | $0before exit |
| HOVR New Horizon Aircraft Ltd. | COM | Sold out | 0 | $0before exit |
| FOUR SHIFT4 Payments Inc. Class A | CL A | Sold out | 0 | $0before exit |
| TW Tradeweb Markets Inc. Class A | CL A | Sold out | 0 | $0before exit |
| UFPT Ufp Technologies Inc. | COM | Sold out | 0 | $0before exit |
| ASMLF ASML Holding NV | COM | Sold out | 0 | $0before exit |
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 |