NWF Advisory Services Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed October 6, 2025), NWF Advisory Services Inc. reported 314 stock positions worth $628.2 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 5.3% of the portfolio, followed by Apple (AAPL, 4.6%) and Berkshire Hathaway Class B (BRK.B, 4.6%). Compared with Q1 2024, it opened 12 new positions, sold out of 22, added to 115 and reduced 110. The biggest buy was Apple (AAPL, shares +1%) and the biggest sale an exit from PCR US SM CP CSH CWS ETF-Usd (CALF).
- Most Recent 13F
- Q2 2026
- Location
- Los Angeles, CA
- CIK
- 0002045735
- Portfolio Value
- $628.2M (Q2 2024)
- SEC Filing
- 0002085853-25-000016 ↗ filed Oct 6, 2025
Holdings Value
Holdings 314 stocks · $628.2M
| VOO Vanguard S&P 500 ETF | 5.34% | 67,082 | $33.5M | Add +1.7% |
| AAPL Apple Inc. | 4.56% | 136,131 | $28.7M | Add +0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.56% | 70,451 | $28.7M | Add +1.7% |
| XLK SS Technology Select Sector | 4.47% | 124,012 | $28.1M | Add +1.6% |
| SDY SS SPDR S&P Dividend ETF | 3.66% | 180,870 | $23.0M | Add +0.7% |
| COST Costco Wholesale Corp. | 2.65% | 19,593 | $16.7M | Reduce -0.0% |
| AMZN Amazon.com Inc. | 2.27% | 73,767 | $14.3M | Add +3.8% |
| IVV iShares Core S&P 500 ETF | 2.22% | 25,514 | $14.0M | Add +0.2% |
| GOOG Alphabet Inc. Class C | 2.18% | 74,770 | $13.7M | Add +0.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.12% | 335,071 | $13.3M | Reduce -1.8% |
| MU Micron Technology Inc. | 2.01% | 96,136 | $12.6M | Reduce -6.9% |
| ITOT iShares Core S&P Total U.S. | 1.91% | 100,780 | $12.0M | Add +7.3% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 1.80% | 36,047 | $11.3M | Add +7.0% |
| JEPI JPMorgan Equity Premium Inco | 1.66% | 184,406 | $10.5M | Add +7.0% |
| VIG Vanguard Dividend Apprec ETF | 1.63% | 56,172 | $10.3M | Add +6.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.59% | 26,771 | $10.0M | Add +0.2% |
| QQQ Invesco QQQ Trust Series 1 | 1.57% | 20,635 | $9.9M | Add +14.4% |
| C Citigroup Inc. | 1.52% | 150,516 | $9.6M | Reduce -0.4% |
| NVDA Nvidia Corp. | 1.40% | 71,255 | $8.8M | Add +41.8% |
| V Visa Inc. Class A | 1.40% | 33,474 | $8.8M | Reduce -0.1% |
| AXP American Express Co. | 1.32% | 35,804 | $8.3M | Add +0.3% |
| GM General Motors Co. | 1.29% | 174,687 | $8.1M | Reduce -0.5% |
| MSFT Microsoft Corp. | 1.26% | 17,767 | $7.9M | Add +6.0% |
| FLDR Fidelity Low Durat Fact ETF | 1.17% | 147,816 | $7.4M | Add +1.8% |
| VGT Vanguard Info Tech ETF | 1.16% | 12,649 | $7.3M | Reduce -0.1% |
| BABA Alibaba Group Holding-SP ADR | 1.06% | 92,858 | $6.7M | Add +10.7% |
| OXY Occidental Petroleum Corp. | 1.06% | 105,307 | $6.6M | Add +6.4% |
| VT Vanguard Tot World STK ETF | 0.90% | 50,159 | $5.6M | Add +0.3% |
| PARAA Paramount Global Class B | 0.88% | 532,869 | $5.5M | Add +2.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.88% | 20,671 | $5.5M | Add +3.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.87% | 55,061 | $5.5M | Add +1.8% |
| YYY Amplify Cef High Income ETF | 0.80% | 418,565 | $5.0M | Add +24.6% |
| WMT Walmart Inc. | 0.78% | 72,085 | $4.9M | Add +0.9% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.76% | 86,112 | $4.8M | Add +358.7% |
| IWM iShares Russell 2000 ETF | 0.74% | 23,019 | $4.7M | Add +0.8% |
| JPM JPMorgan Chase & Co. | 0.73% | 22,723 | $4.6M | Reduce -5.7% |
| GSLC Goldman Activebeta US LC ETF | 0.72% | 42,349 | $4.5M | Reduce -0.1% |
| QYLD Global X Nasd 100 Cov Call | 0.71% | 251,390 | $4.4M | Reduce -1.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.70% | 8,113 | $4.4M | Add +6.1% |
| XLP SS Consumer Staples Sel Sect | 0.68% | 55,629 | $4.3M | Add +11.9% |
| XLE SS Energy Select Sector | 0.63% | 43,583 | $4.0M | Add +10.8% |
| WFC Wells Fargo & Co. | 0.60% | 63,533 | $3.8M | Reduce -7.2% |
| MKL Markel Group Inc. | 0.55% | 2,184 | $3.4M | Add +2.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.51% | 20,007 | $3.2M | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 0.50% | 17,411 | $3.2M | Add +6.0% |
| XYLD Global X S&P 500 Cove Call E | 0.46% | 71,672 | $2.9M | Reduce -0.3% |
| TLT iShares 20+ Year Treasury BD | 0.46% | 31,390 | $2.9M | Add +12.6% |
| KYN Kayne Anderson Energy Infra | 0.46% | 276,743 | $2.9M | Add +3.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.45% | 11,739 | $2.8M | Reduce -0.6% |
| BST BlackRock Science & Tech TR | 0.43% | 72,350 | $2.7M | Add +1.1% |
| SPGP Invesco S&P 500 Garp ETF | 0.42% | 25,622 | $2.6M | Add +0.2% |
| EFA iShares MSCI Eafe ETF | 0.41% | 33,115 | $2.6M | Reduce -5.0% |
| SLV iShares Silver Trust | 0.39% | 91,162 | $2.4M | Add +14.5% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.39% | 6,191 | $2.4M | Reduce -1.0% |
| SMH Vaneck Semiconductor ETF | 0.38% | 9,252 | $2.4M | Add +17.2% |
| GLD SPDR Gold Shares | 0.38% | 11,190 | $2.4M | Add +38.4% |
| AMGN Amgen Inc. | 0.38% | 7,654 | $2.4M | Add +0.0% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.38% | 82,390 | $2.4M | Reduce -6.3% |
| KO The Coca-Cola Co. | 0.37% | 36,803 | $2.3M | Add +1.0% |
| JMUB JPMorgan Municipal ETF | 0.37% | 46,328 | $2.3M | Add +7.4% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.36% | 32,823 | $2.2M | Add +0.6% |
| OEF iShares S&P 100 ETF | 0.31% | 7,324 | $1.9M | Add +1.1% |
| TSLA Tesla Inc. | 0.31% | 9,712 | $1.9M | Add +3.7% |
| IDV iShares International Select | 0.30% | 67,076 | $1.9M | Reduce -8.2% |
| XAWPX Abrdn Global Premier Propert | 0.27% | 436,725 | $1.7M | Reduce -0.4% |
| META Meta Platforms Inc. Class A | 0.26% | 3,290 | $1.7M | Add +11.2% |
| ARKW ARK Next Generation Technolo | 0.26% | 20,694 | $1.6M | Add +4.1% |
| NOC Northrop Grumman Corp. | 0.25% | 3,618 | $1.6M | Reduce -0.2% |
| DJIA Global X Dow 30 Cov Call ETF | 0.25% | 70,600 | $1.6M | Reduce -15.0% |
| ABBV Abbvie Inc. | 0.25% | 9,091 | $1.6M | Add +4.4% |
| HES Hess Corp. | 0.25% | 10,507 | $1.5M | Add +8.8% |
| XOM Exxon Mobil Corp. | 0.24% | 13,103 | $1.5M | Reduce -4.6% |
| MRK Merck & Co. Inc. | 0.24% | 12,076 | $1.5M | Reduce -0.6% |
| GE General Electric filed as GE AEROSPACE | 0.23% | 9,278 | $1.5M | Add +403.1% |
| IYH iShares U.S. Healthcare ETF | 0.23% | 23,707 | $1.5M | Add +2.7% |
| IUSV iShares Core S&P U.S. Value | 0.22% | 15,888 | $1.4M | Add +1.7% |
| USMV iShares MSCI USA Min Vol Fac | 0.22% | 16,623 | $1.4M | Reduce -1.8% |
| HGLB Highland Global Allocation | 0.22% | 185,231 | $1.4M | Reduce -13.3% |
| LLY Eli Lilly & Co. | 0.21% | 1,483 | $1.3M | Add +16.1% |
| MCN Xai Madison Equity Premium I filed as MADISON COVERED CALL & EQUIT | 0.21% | 174,900 | $1.3M | Reduce -5.6% |
| PFE Pfizer Inc. | 0.21% | 46,338 | $1.3M | Reduce -0.5% |
| KWEB Kranesh Csi China Internet | 0.21% | 47,735 | $1.3M | Reduce -14.6% |
| KNG FT Vest S&P 500 DVD Arst TRG | 0.20% | 25,450 | $1.3M | No change |
| CBRE GBL REAL ESTATE INC FD | 0.20% | 251,600 | $1.3M | Reduce -5.5% |
| XEVVX Eaton Vance Ltd. Durat Inc. | 0.20% | 127,250 | $1.2M | Reduce -18.5% |
| HQH Abrdn Healthcare Investors | 0.20% | 70,342 | $1.2M | Add +9.7% |
| LEN Lennar Corp. Class A | 0.19% | 7,942 | $1.2M | Add +6.6% |
| RYLD Global X Russell 2000 Cov Class | 0.19% | 73,356 | $1.2M | Add +5.8% |
| RSP Invesco S&P 500 Equal Weight | 0.19% | 7,148 | $1.2M | Reduce -1.2% |
| IJR iShares Core S&P Small-Cap E | 0.19% | 11,009 | $1.2M | Reduce -1.3% |
| XLF SS Financial Select Sector | 0.19% | 28,544 | $1.2M | Add +1.1% |
| ABT Abbott Laboratories | 0.18% | 10,916 | $1.1M | Add +3.1% |
| BHK BlackRock Core Bond Trust | 0.18% | 106,250 | $1.1M | Add +19.4% |
| GSIE Goldman Sachs Activebeta Int | 0.18% | 33,619 | $1.1M | No change |
| VHT Vanguard Health Care ETF | 0.17% | 4,015 | $1.1M | Add +16.9% |
| PEP Pepsico Inc. | 0.17% | 6,475 | $1.1M | Add +0.2% |
| ASML ASML Holding NV-NY Reg SHS | 0.17% | 1,031 | $1.1M | Add +1.8% |
| HD Home Depot Inc. | 0.16% | 2,975 | $1.0M | Reduce -1.3% |
| RVT Royce Small-Cap Trust Inc. | 0.16% | 69,443 | $1.0M | Reduce -0.9% |
| UTF Cohen & Steers Infrastructur | 0.16% | 44,686 | $1.0M | Reduce -2.6% |
Options reported separately and not counted above: DIS calls ($36K), GOOGL calls ($29K), C calls ($27K), BABA calls ($25K), GM calls ($20K), AMR calls ($13K), AMZN calls ($10K), PARAA calls ($6K), KWEB calls ($2K), CTSO calls ($0).
Other holdings (2): bonds, preferreds, convertibles and warrants · $226K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 184 | $220K | No change |
| SLDPW Decarbonization Plus -CW23 | *W EXP 12/08/202 | 36,600 | $6K | Reduce -56.1% |
Total filed on the 13F, all lines: $628.5M.
Portfolio Sells Q1 2024 → Q2 2024
| CALF PCR US SM CP CSH CWS ETF-Usd | Sold out | 0.00% | −0.45 |
| CVI CVR Energy Inc. | Sold out | 0.00% | −0.25 |
| SJNK SS SPDR BB St Hi Yield ETF | Sold out | 0.00% | −0.23 |
| V Visa Inc. Class A | Reduce -0.1% | 1.40% | −0.16 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.12 |
| FIF First Trust Energy Infrastru | Sold out | 0.00% | −0.10 |
| STLA Stellantis NV | Reduce -17.1% | 0.12% | −0.09 |
| C Citigroup Inc. | Reduce -0.4% | 1.52% | −0.08 |
| JPM JPMorgan Chase & Co. | Reduce -5.7% | 0.73% | −0.08 |
| DJIA Global X Dow 30 Cov Call ETF | Reduce -15.0% | 0.25% | −0.07 |
| WFC Wells Fargo & Co. | Reduce -7.2% | 0.60% | −0.06 |
| XEVVX Eaton Vance Ltd. Durat Inc. | Reduce -18.5% | 0.20% | −0.06 |
| QYLD Global X Nasd 100 Cov Call | Reduce -1.2% | 0.71% | −0.05 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.05 |
| EFA iShares MSCI Eafe ETF | Reduce -5.0% | 0.41% | −0.05 |
| HGLB Highland Global Allocation | Reduce -13.3% | 0.22% | −0.05 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.05 |
| IDV iShares International Select | Reduce -8.2% | 0.30% | −0.05 |
| TXG 10X Genomics Inc. Class A | Sold out | 0.00% | −0.05 |
| INTC Intel Corp. | Sold out | 0.00% | −0.04 |
| BAC Bank of America Corp. | Reduce -1.8% | 2.12% | −0.04 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -0.6% | 0.45% | −0.04 |
| KWEB Kranesh Csi China Internet | Reduce -14.6% | 0.21% | −0.04 |
| GM General Motors Co. | Reduce -0.5% | 1.29% | −0.04 |
| NOC Northrop Grumman Corp. | Reduce -0.2% | 0.25% | −0.04 |
| CBRE GBL REAL ESTATE INC FD | Reduce -5.5% | 0.20% | −0.04 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.04 |
| SWK Stanley Black & Decker Inc. | Sold out | 0.00% | −0.04 |
| TLH iShares 10-20 Year Treasury | Sold out | 0.00% | −0.03 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −0.03 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.03 |
| XRNPX Cohen & Steers REIT and Pref | Sold out | 0.00% | −0.03 |
| ARDC Ares Dynamic Credit All | Reduce -26.3% | 0.09% | −0.03 |
| HTY John Hancock Tax-Advantaged | Sold out | 0.00% | −0.03 |
| BA The Boeing Co. | Reduce -20.6% | 0.08% | −0.03 |
| BUFR FT Vest Lad Buffervetf-Usd I | Reduce -6.3% | 0.38% | −0.03 |
| HD Home Depot Inc. | Reduce -1.3% | 0.16% | −0.03 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -1.0% | 0.39% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -0.6% | 0.24% | −0.03 |
| F Ford Motor Co. | Reduce -18.6% | 0.08% | −0.03 |
| XYLD Global X S&P 500 Cove Call E | Reduce -0.3% | 0.46% | −0.03 |
| TIP iShares Tips Bond ETF | Reduce -34.2% | 0.05% | −0.03 |
| FEI First Trust MLP and Energy I | Sold out | 0.00% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -4.6% | 0.24% | −0.03 |
| XAWPX Abrdn Global Premier Propert | Reduce -0.4% | 0.27% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -7.5% | 0.15% | −0.02 |
| MU Micron Technology Inc. | Reduce -6.9% | 2.01% | −0.02 |
| ACP Abrdn Income Credit Strat | Reduce -8.9% | 0.14% | −0.02 |
| UTF Cohen & Steers Infrastructur | Reduce -2.6% | 0.16% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -8.0% | 0.04% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| AAPL Apple Inc. | Add +0.5% | 4.56% | +0.68 |
| NVDA Nvidia Corp. | Add +41.8% | 1.40% | +0.64 |
| JEPQ JPM Nasdaq Equity Premium | Add +358.7% | 0.76% | +0.59 |
| GOOG Alphabet Inc. Class C | Add +0.8% | 2.18% | +0.29 |
| QQQ Invesco QQQ Trust Series 1 | Add +14.4% | 1.57% | +0.23 |
| XLK SS Technology Select Sector | Add +1.6% | 4.47% | +0.22 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +7.0% | 1.80% | +0.19 |
| GE General Electric | Add +403.1% | 0.23% | +0.18 |
| AMZN Amazon.com Inc. | Add +3.8% | 2.27% | +0.13 |
| YYY Amplify Cef High Income ETF | Add +24.6% | 0.80% | +0.12 |
| GLD SPDR Gold Shares | Add +38.4% | 0.38% | +0.10 |
| AMR Alpha Metallurgical Resource | Add +315.6% | 0.14% | +0.10 |
| ITOT iShares Core S&P Total U.S. | Add +7.3% | 1.91% | +0.09 |
| GOOGL Alphabet Inc. Class A | Add +6.0% | 0.50% | +0.09 |
| PWZ Invesco California Amt-Free | New | 0.09% | +0.09 |
| SMH Vaneck Semiconductor ETF | Add +17.2% | 0.38% | +0.09 |
| MSFT Microsoft Corp. | Add +6.0% | 1.26% | +0.09 |
| SLV iShares Silver Trust | Add +14.5% | 0.39% | +0.08 |
| CGGR Cap Group Growth Equity | Add +194.2% | 0.11% | +0.07 |
| WMT Walmart Inc. | Add +0.9% | 0.78% | +0.06 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.2% | 1.59% | +0.06 |
| BABA Alibaba Group Holding-SP ADR | Add +10.7% | 1.06% | +0.05 |
| LLY Eli Lilly & Co. | Add +16.1% | 0.21% | +0.05 |
| FAPR FT Vest U.S. Equity Buffer E | New | 0.04% | +0.04 |
| AIQ Global X Art Intel & Tech | New | 0.04% | +0.04 |
| XLP SS Consumer Staples Sel Sect | Add +11.9% | 0.68% | +0.04 |
| AFL Aflac Inc. | New | 0.04% | +0.04 |
| VOO Vanguard S&P 500 ETF | Add +1.7% | 5.34% | +0.04 |
| FFEB FT Vest US Equity Buffer ETF | New | 0.04% | +0.04 |
| HFRO Highland Opport & Income | Add +57.7% | 0.15% | +0.04 |
| DELL Dell Technologies -C | New | 0.04% | +0.04 |
| DGRW Wisdomtree U.S. Quality Divi | New | 0.04% | +0.04 |
| POCT Innovator U.S. Equity Power | New | 0.03% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +6.1% | 0.70% | +0.03 |
| LW Lamb Weston Holdings Inc. | New | 0.03% | +0.03 |
| AVGO Broadcom Inc. | New | 0.03% | +0.03 |
| FTQI First Trust Nasdaq Buywrite | New | 0.03% | +0.03 |
| TSLA Tesla Inc. | Add +3.7% | 0.31% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +6.7% | 1.63% | +0.03 |
| META Meta Platforms Inc. Class A | Add +11.2% | 0.26% | +0.02 |
| AMD Advanced Micro Devices | Add +49.1% | 0.10% | +0.02 |
| BHK BlackRock Core Bond Trust | Add +19.4% | 0.18% | +0.02 |
| TLT iShares 20+ Year Treasury BD | Add +12.6% | 0.46% | +0.02 |
| AMGN Amgen Inc. | Add +0.0% | 0.38% | +0.02 |
| NEE Nextera Energy Inc. | Add +15.4% | 0.09% | +0.02 |
| HQH Abrdn Healthcare Investors | Add +9.7% | 0.20% | +0.01 |
| VHT Vanguard Health Care ETF | Add +16.9% | 0.17% | +0.01 |
| ORCL Oracle Corp. | Add +26.0% | 0.05% | +0.01 |
| CVX Chevron Corp. | Add +16.8% | 0.13% | +0.01 |
| XLE SS Energy Select Sector | Add +10.8% | 0.63% | +0.01 |
Options Activity Q1 2024 → Q2 2024
| C Citigroup Inc. | call | Reduce -23.8% | 1,600 | $27K |
| BABA Alibaba Group Holding-SP ADR | call | Add +23.5% | 2,100 | $25K |
| PARAA Paramount Global Class B | call | Add +10.9% | 5,100 | $6K |
| KWEB Kranesh Csi China Internet | call | Reduce -25.0% | 600 | $2K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2024 → Q2 2024
| SLDPW Decarbonization Plus -CW23 | *W EXP 12/08/202 | Reduce -56.1% | 36,600 | $6K |
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 | 450 | $1.1B | MU, XLK, VOO, BRK.B, AAPL |
| Q1 2026 | 406 | $885.5M | VOO, BRK.B, XLK, AAPL, SDY |
| Q4 2025 | 404 | $904.7M | VOO, BRK.B, XLK, AAPL, GOOG |
| Q3 2025 | 409 | $911.0M | VOO, BRK.B, XLK, AAPL, SDY |
| Q2 2025 | 412 | $838.2M | VOO, BRK.B, XLK, AAPL, SDY |
| Q1 2025 | 356 | $711.9M | BRK.B, VOO, AAPL, XLK, SDY |
| Q4 2024 | 274 | $682.3M | AAPL, VOO, BRK.B, XLK, SDY |
| Q3 2024 | 336 | $687.4M | VOO, BRK.B, AAPL, XLK, SDY |
| Q2 2024 | 314 | $628.2M | VOO, AAPL, BRK.B, XLK, SDY |
| Q1 2024 | 324 | $598.3M | VOO, BRK.B, XLK, SDY, AAPL |