NWF Advisory Services Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 6, 2025), NWF Advisory Services Inc. reported 336 stock positions worth $687.4 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 5.2% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 4.8%) and Apple (AAPL, 4.6%). Compared with Q2 2024, it opened 37 new positions, sold out of 15, added to 127 and reduced 101. The biggest buy was Alpha Metallurgical Resource (AMR, shares +917%) and the biggest sale Micron Technology (MU, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- Los Angeles, CA
- CIK
- 0002045735
- Portfolio Value
- $687.4M (Q3 2024)
- SEC Filing
- 0002085853-25-000017 ↗ filed Oct 6, 2025
Holdings Value
Holdings 336 stocks · $687.4M
| VOO Vanguard S&P 500 ETF | 5.18% | 67,431 | $35.6M | Add +0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.83% | 72,207 | $33.2M | Add +2.5% |
| AAPL Apple Inc. | 4.63% | 136,616 | $31.8M | Add +0.4% |
| XLK SS Technology Select Sector | 4.37% | 133,011 | $30.0M | Add +7.3% |
| SDY SS SPDR S&P Dividend ETF | 3.82% | 184,687 | $26.2M | Add +2.1% |
| COST Costco Wholesale Corp. | 2.53% | 19,582 | $17.4M | Reduce -0.1% |
| IVV iShares Core S&P 500 ETF | 2.30% | 27,370 | $15.8M | Add +7.3% |
| ITOT iShares Core S&P Total U.S. | 1.96% | 107,036 | $13.4M | Add +6.2% |
| GOOG Alphabet Inc. Class C | 1.81% | 74,443 | $12.4M | Reduce -0.4% |
| AMZN Amazon.com Inc. | 1.80% | 66,314 | $12.4M | Reduce -10.1% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 1.75% | 37,362 | $12.0M | Add +3.6% |
| VIG Vanguard Dividend Apprec ETF | 1.74% | 60,376 | $12.0M | Add +7.5% |
| JEPI JPMorgan Equity Premium Inco | 1.71% | 197,637 | $11.8M | Add +7.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.59% | 276,308 | $11.0M | Reduce -17.5% |
| BABA Alibaba Group Holding-SP ADR | 1.55% | 100,253 | $10.6M | Add +8.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.51% | 27,097 | $10.4M | Add +1.2% |
| NVDA Nvidia Corp. | 1.47% | 83,452 | $10.1M | Add +17.1% |
| MU Micron Technology Inc. | 1.41% | 93,295 | $9.7M | Reduce -3.0% |
| AXP American Express Co. | 1.39% | 35,269 | $9.6M | Reduce -1.5% |
| QQQ Invesco QQQ Trust Series 1 | 1.37% | 19,294 | $9.4M | Reduce -6.5% |
| C Citigroup Inc. | 1.34% | 147,279 | $9.2M | Reduce -2.1% |
| V Visa Inc. Class A | 1.33% | 33,177 | $9.1M | Reduce -0.9% |
| OXY Occidental Petroleum Corp. | 1.16% | 154,517 | $8.0M | Add +46.7% |
| MSFT Microsoft Corp. | 1.12% | 17,910 | $7.7M | Add +0.8% |
| FLDR Fidelity Low Durat Fact ETF | 1.11% | 151,941 | $7.6M | Add +2.8% |
| VGT Vanguard Info Tech ETF | 1.10% | 12,931 | $7.6M | Add +2.2% |
| GM General Motors Co. | 1.10% | 167,959 | $7.5M | Reduce -3.9% |
| AMR Alpha Metallurgical Resource | 1.07% | 31,071 | $7.3M | Add +917.0% |
| VT Vanguard Tot World STK ETF | 0.88% | 50,529 | $6.0M | Add +0.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.86% | 61,167 | $5.9M | Add +11.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.83% | 20,159 | $5.7M | Reduce -2.5% |
| WMT Walmart Inc. | 0.81% | 68,601 | $5.5M | Reduce -4.8% |
| YYY Amplify Cef High Income ETF | 0.79% | 442,235 | $5.5M | Add +5.7% |
| XLP SS Consumer Staples Sel Sect | 0.77% | 63,720 | $5.3M | Add +14.5% |
| GSLC Goldman Activebeta US LC ETF | 0.76% | 46,002 | $5.2M | Add +8.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.74% | 8,895 | $5.1M | Add +9.6% |
| IWM iShares Russell 2000 ETF | 0.72% | 22,471 | $5.0M | Reduce -2.4% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.71% | 89,270 | $4.9M | Add +3.7% |
| QYLD Global X Nasd 100 Cov Call | 0.65% | 249,254 | $4.5M | Reduce -0.8% |
| XLE SS Energy Select Sector | 0.65% | 50,824 | $4.5M | Add +16.6% |
| JPM JPMorgan Chase & Co. | 0.59% | 19,342 | $4.1M | Reduce -14.9% |
| MKL Markel Group Inc. | 0.54% | 2,387 | $3.7M | Add +9.3% |
| PARAA Paramount Global Class B | 0.53% | 344,175 | $3.7M | Reduce -35.4% |
| TLT iShares 20+ Year Treasury BD | 0.52% | 36,705 | $3.6M | Add +16.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.51% | 20,153 | $3.5M | Add +0.7% |
| GLD SPDR Gold Shares | 0.50% | 14,010 | $3.4M | Add +25.2% |
| SLV iShares Silver Trust | 0.46% | 112,395 | $3.2M | Add +23.3% |
| KYN Kayne Anderson Energy Infra | 0.45% | 281,243 | $3.1M | Add +1.6% |
| XLF SS Financial Select Sector | 0.44% | 67,217 | $3.0M | Add +135.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.43% | 11,156 | $2.9M | Reduce -5.0% |
| XYLD Global X S&P 500 Cove Call E | 0.43% | 70,778 | $2.9M | Reduce -1.3% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.42% | 6,872 | $2.9M | Add +11.0% |
| XLI SS Industrial Select Sector | 0.39% | 19,877 | $2.7M | Add +215.3% |
| SPGP Invesco S&P 500 Garp ETF | 0.39% | 25,670 | $2.7M | Add +0.2% |
| XLC SS Comm Select Sector SPDR | 0.39% | 29,528 | $2.7M | New |
| GOOGL Alphabet Inc. Class A | 0.39% | 16,088 | $2.7M | Reduce -7.6% |
| KO The Coca-Cola Co. | 0.39% | 37,059 | $2.7M | Add +0.7% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.39% | 88,850 | $2.7M | Add +7.8% |
| WFC Wells Fargo & Co. | 0.38% | 45,766 | $2.6M | Reduce -28.0% |
| BST BlackRock Science & Tech TR | 0.37% | 71,300 | $2.5M | Reduce -1.4% |
| AMGN Amgen Inc. | 0.36% | 7,637 | $2.5M | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 0.34% | 4,089 | $2.3M | Add +24.3% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.33% | 31,213 | $2.3M | Reduce -4.9% |
| SMH Vaneck Semiconductor ETF | 0.33% | 9,128 | $2.2M | Reduce -1.3% |
| OEF iShares S&P 100 ETF | 0.32% | 8,064 | $2.2M | Add +10.1% |
| TSLA Tesla Inc. | 0.32% | 8,459 | $2.2M | Reduce -12.9% |
| IUSV iShares Core S&P U.S. Value | 0.30% | 21,651 | $2.1M | Add +36.3% |
| EFA iShares MSCI Eafe ETF | 0.29% | 24,185 | $2.0M | Reduce -27.0% |
| JMUB JPMorgan Municipal ETF | 0.29% | 38,783 | $2.0M | Reduce -16.3% |
| XAWPX Abrdn Global Premier Propert | 0.29% | 427,225 | $2.0M | Reduce -2.2% |
| ABBV Abbvie Inc. | 0.28% | 9,803 | $1.9M | Add +7.8% |
| GE General Electric filed as GE AEROSPACE | 0.28% | 10,116 | $1.9M | Add +9.0% |
| IDV iShares International Select | 0.27% | 62,162 | $1.9M | Reduce -7.3% |
| NOC Northrop Grumman Corp. | 0.26% | 3,347 | $1.8M | Reduce -7.5% |
| IYH iShares U.S. Healthcare ETF | 0.24% | 25,275 | $1.6M | Add +6.6% |
| ARKW ARK Next Generation Technolo | 0.24% | 19,247 | $1.6M | Reduce -7.0% |
| XOM Exxon Mobil Corp. | 0.24% | 13,902 | $1.6M | Add +6.1% |
| CBRE GBL REAL ESTATE INC FD | 0.24% | 247,900 | $1.6M | Reduce -1.5% |
| HES Hess Corp. | 0.23% | 11,764 | $1.6M | Add +12.0% |
| LLY Eli Lilly & Co. | 0.23% | 1,784 | $1.6M | Add +20.3% |
| MRK Merck & Co. Inc. | 0.23% | 13,856 | $1.6M | Add +14.7% |
| VAW Vanguard Materials ETF | 0.22% | 7,194 | $1.5M | New |
| BHK BlackRock Core Bond Trust | 0.22% | 125,450 | $1.5M | Add +18.1% |
| DJIA Global X Dow 30 Cov Call ETF | 0.22% | 64,300 | $1.5M | Reduce -8.9% |
| USMV iShares MSCI USA Min Vol Fac | 0.21% | 16,151 | $1.5M | Reduce -2.8% |
| VHT Vanguard Health Care ETF | 0.21% | 5,215 | $1.5M | Add +29.9% |
| HGLB Highland Global Allocation | 0.21% | 183,931 | $1.4M | Reduce -0.7% |
| CGGR Cap Group Growth Equity | 0.21% | 41,323 | $1.4M | Add +91.2% |
| HQH Abrdn Healthcare Investors | 0.20% | 75,471 | $1.4M | Add +7.3% |
| KNG FT Vest S&P 500 DVD Arst TRG | 0.20% | 25,450 | $1.4M | No change |
| WIW Western Asst Infl-LNK Opp | 0.20% | 153,550 | $1.4M | New |
| AVUV Avantis US Small Cap Value | 0.19% | 13,353 | $1.3M | Add +43.1% |
| GSIE Goldman Sachs Activebeta Int | 0.18% | 34,915 | $1.3M | Add +3.9% |
| ABT Abbott Laboratories | 0.18% | 11,034 | $1.3M | Add +1.1% |
| PFE Pfizer Inc. | 0.18% | 42,563 | $1.2M | Reduce -8.2% |
| XEVVX Eaton Vance Ltd. Durat Inc. | 0.18% | 116,950 | $1.2M | Reduce -8.1% |
| RSP Invesco S&P 500 Equal Weight | 0.18% | 6,785 | $1.2M | Reduce -5.1% |
| HD Home Depot Inc. | 0.17% | 2,921 | $1.2M | Reduce -1.8% |
| RYLD Global X Russell 2000 Cov Class | 0.17% | 72,006 | $1.2M | Reduce -1.8% |
| UTF Cohen & Steers Infrastructur | 0.17% | 44,216 | $1.2M | Reduce -1.1% |
Options reported separately and not counted above: BABA calls ($82K), AMR calls ($19K), DIS calls ($18K), AMZN calls ($9K), GOOGL calls ($8K), PARAA calls ($1K).
Other holdings (2): bonds, preferreds, convertibles and warrants · $238K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 184 | $234K | No change |
| SLDPW Decarbonization Plus -CW23 | *W EXP 12/08/202 | 31,600 | $3K | Reduce -13.7% |
Total filed on the 13F, all lines: $687.7M.
Portfolio Sells Q2 2024 → Q3 2024
| MU Micron Technology Inc. | Reduce -3.0% | 1.41% | −0.61 |
| BAC Bank of America Corp. | Reduce -17.5% | 1.59% | −0.53 |
| AMZN Amazon.com Inc. | Reduce -10.1% | 1.80% | −0.47 |
| GOOG Alphabet Inc. Class C | Reduce -0.4% | 1.81% | −0.37 |
| PARAA Paramount Global Class B | Reduce -35.4% | 0.53% | −0.35 |
| WFC Wells Fargo & Co. | Reduce -28.0% | 0.38% | −0.22 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -6.5% | 1.37% | −0.20 |
| GM General Motors Co. | Reduce -3.9% | 1.10% | −0.20 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.19 |
| C Citigroup Inc. | Reduce -2.1% | 1.34% | −0.18 |
| JPM JPMorgan Chase & Co. | Reduce -14.9% | 0.59% | −0.14 |
| KWEB Kranesh Csi China Internet | Reduce -69.6% | 0.07% | −0.13 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -0.1% | 2.53% | −0.13 |
| EFA iShares MSCI Eafe ETF | Reduce -27.0% | 0.29% | −0.12 |
| GOOGL Alphabet Inc. Class A | Reduce -7.6% | 0.39% | −0.12 |
| STLA Stellantis NV | Sold out | 0.00% | −0.12 |
| JMUB JPMorgan Municipal ETF | Reduce -16.3% | 0.29% | −0.08 |
| V Visa Inc. Class A | Reduce -0.9% | 1.33% | −0.07 |
| BST BlackRock Science & Tech TR | Reduce -1.4% | 0.37% | −0.07 |
| IJR iShares Core S&P Small-Cap E | Reduce -34.5% | 0.12% | −0.06 |
| SMH Vaneck Semiconductor ETF | Reduce -1.3% | 0.33% | −0.06 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -35.6% | 0.10% | −0.06 |
| MCN Xai Madison Equity Premium I | Reduce -12.9% | 0.16% | −0.05 |
| QYLD Global X Nasd 100 Cov Call | Reduce -0.8% | 0.65% | −0.05 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.5% | 0.83% | −0.05 |
| FAPR FT Vest U.S. Equity Buffer E | Sold out | 0.00% | −0.04 |
| FSD First Trust High Income Long | Sold out | 0.00% | −0.04 |
| POCT Innovator U.S. Equity Power | Sold out | 0.00% | −0.03 |
| EEM iShares MSCI Emerging Market | Reduce -21.3% | 0.12% | −0.03 |
| XYLD Global X S&P 500 Cove Call E | Reduce -1.3% | 0.43% | −0.03 |
| DJIA Global X Dow 30 Cov Call ETF | Reduce -8.9% | 0.22% | −0.03 |
| LW Lamb Weston Holdings Inc. | Sold out | 0.00% | −0.03 |
| BA The Boeing Co. | Reduce -21.5% | 0.05% | −0.03 |
| MFD Macquarie/FT GL Int/Ut DV Inc. | Sold out | 0.00% | −0.03 |
| PFE Pfizer Inc. | Reduce -8.2% | 0.18% | −0.03 |
| VYMI Vanguard Int High DVD YLD Inc. | Reduce -4.9% | 0.33% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -5.0% | 0.43% | −0.02 |
| F Ford Motor Co. | Reduce -7.1% | 0.06% | −0.02 |
| AMGN Amgen Inc. | Reduce -0.2% | 0.36% | −0.02 |
| BGR BlackRock Enrgy & Res TR | Sold out | 0.00% | −0.02 |
| DSL Doubleline Income Solutions | Reduce -29.8% | 0.04% | −0.02 |
| IDV iShares International Select | Reduce -7.3% | 0.27% | −0.02 |
| IWM iShares Russell 2000 ETF | Reduce -2.4% | 0.72% | −0.02 |
| GHY Pgim Global High Yield Fund | Sold out | 0.00% | −0.02 |
| MHD BlackRock Muniholdings Fund | Sold out | 0.00% | −0.02 |
| ARKW ARK Next Generation Technolo | Reduce -7.0% | 0.24% | −0.02 |
| XEVVX Eaton Vance Ltd. Durat Inc. | Reduce -8.1% | 0.18% | −0.02 |
| RYLD Global X Russell 2000 Cov Class | Reduce -1.8% | 0.17% | −0.02 |
| XFAMX First Trust/Abrdn Global Opp | Sold out | 0.00% | −0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| AMR Alpha Metallurgical Resource | Add +917.0% | 1.07% | +0.93 |
| BABA Alibaba Group Holding-SP ADR | Add +8.0% | 1.55% | +0.48 |
| XLC SS Comm Select Sector SPDR | New | 0.39% | +0.39 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.5% | 4.83% | +0.27 |
| XLI SS Industrial Select Sector | Add +215.3% | 0.39% | +0.27 |
| XLF SS Financial Select Sector | Add +135.5% | 0.44% | +0.26 |
| VAW Vanguard Materials ETF | New | 0.22% | +0.22 |
| WIW Western Asst Infl-LNK Opp | New | 0.20% | +0.20 |
| SDY SS SPDR S&P Dividend ETF | Add +2.1% | 3.82% | +0.15 |
| GLD SPDR Gold Shares | Add +25.2% | 0.50% | +0.11 |
| VIG Vanguard Dividend Apprec ETF | Add +7.5% | 1.74% | +0.11 |
| OXY Occidental Petroleum Corp. | Add +46.7% | 1.16% | +0.10 |
| CGGR Cap Group Growth Equity | Add +91.2% | 0.21% | +0.10 |
| XLP SS Consumer Staples Sel Sect | Add +14.5% | 0.77% | +0.09 |
| JAAA Janus Henderson Aaa Clo ETF | New | 0.09% | +0.09 |
| SLV iShares Silver Trust | Add +23.3% | 0.46% | +0.08 |
| IUSV iShares Core S&P U.S. Value | Add +36.3% | 0.30% | +0.08 |
| META Meta Platforms Inc. Class A | Add +24.3% | 0.34% | +0.08 |
| IVV iShares Core S&P 500 ETF | Add +7.3% | 2.30% | +0.07 |
| VNQ Vanguard Real Estate ETF | Add +69.6% | 0.17% | +0.07 |
| NVDA Nvidia Corp. | Add +17.1% | 1.47% | +0.07 |
| MINT PIMCO Enhanced Short Maturit | New | 0.07% | +0.07 |
| GSEP FT Vest US Equity Moderate B | New | 0.07% | +0.07 |
| AAPL Apple Inc. | Add +0.4% | 4.63% | +0.07 |
| TLT iShares 20+ Year Treasury BD | Add +16.9% | 0.52% | +0.07 |
| CAT Caterpillar Inc. | New | 0.06% | +0.06 |
| AVUV Avantis US Small Cap Value | Add +43.1% | 0.19% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.05% | +0.05 |
| ITOT iShares Core S&P Total U.S. | Add +6.2% | 1.96% | +0.05 |
| UNH Unitedhealth Group Inc. | Add +111.8% | 0.09% | +0.05 |
| JEPI JPMorgan Equity Premium Inco | Add +7.2% | 1.71% | +0.05 |
| FJUL FT Vest US Equity Buffer ETF | New | 0.05% | +0.05 |
| AVGO Broadcom Inc. | Add +142.2% | 0.08% | +0.04 |
| VHT Vanguard Health Care ETF | Add +29.9% | 0.21% | +0.04 |
| QJUN FT Vest Nasdaq-100 Buffer Et | New | 0.04% | +0.04 |
| GE General Electric | Add +9.0% | 0.28% | +0.04 |
| LIN Linde PLC | New | 0.04% | +0.04 |
| BHK BlackRock Core Bond Trust | Add +18.1% | 0.22% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +9.6% | 0.74% | +0.04 |
| AZN Astrazeneca PLC-Spons ADR | New | 0.04% | +0.04 |
| DIA SS SPDR Dow Jones Indus Avg | Add +11.0% | 0.42% | +0.04 |
| CVNA Carvana Co. | New | 0.04% | +0.04 |
| FJUN FT Vest US Equity Buff ETF-J | New | 0.04% | +0.04 |
| GSLC Goldman Activebeta US LC ETF | Add +8.6% | 0.76% | +0.03 |
| MA Mastercard Inc. Class A | Add +52.0% | 0.10% | +0.03 |
| ASGI Abrdn Global Infrastructure | New | 0.03% | +0.03 |
| XRNPX Cohen & Steers REIT and Pref | New | 0.03% | +0.03 |
| ABBV Abbvie Inc. | Add +7.8% | 0.28% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | New | 0.03% | +0.03 |
| JVAL JPMorgan US Value Factor ETF | New | 0.03% | +0.03 |
Options Activity Q2 2024 → Q3 2024
| BABA Alibaba Group Holding-SP ADR | call | Add +4.8% | 2,200 | $82K |
| C Citigroup Inc. | call | Sold out | 1,600 | $27Kbefore exit |
| GM General Motors Co. | call | Sold out | 1,600 | $20Kbefore exit |
| AMR Alpha Metallurgical Resource | call | Add +100.0% | 400 | $19K |
| DIS The Walt Disney Co. | call | Reduce -35.7% | 900 | $18K |
| GOOGL Alphabet Inc. Class A | call | Reduce -66.7% | 100 | $8K |
| KWEB Kranesh Csi China Internet | call | Sold out | 600 | $2Kbefore exit |
| PARAA Paramount Global Class B | call | Reduce -84.3% | 800 | $1K |
| CTSO Cytosorbents Corp. | call | Sold out | 2,500 | $0before exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024
| SLDPW Decarbonization Plus -CW23 | *W EXP 12/08/202 | Reduce -13.7% | 31,600 | $3K |
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 |