NWF Advisory Services Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed May 14, 2025), NWF Advisory Services Inc. reported 274 stock positions worth $682.3 million. Its top holding was Apple (AAPL) at 6.1% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 5.4%) and Berkshire Hathaway Class B (BRK.B, 5.3%). Compared with Q3 2024, it opened 85 new positions, sold out of 147, added to 96 and reduced 77. The biggest buy was Apple (AAPL, shares +21%) and the biggest sale an exit from Amplify Cef High Income ETF (YYY).
- Most Recent 13F
- Q2 2026
- Location
- Los Angeles, CA
- CIK
- 0002045735
- Portfolio Value
- $682.3M (Q4 2024)
- SEC Filing
- 0001667731-25-000641 ↗ filed May 14, 2025
Holdings Value
Holdings 274 stocks · $682.3M
| AAPL Apple Inc. | 6.08% | 165,795 | $41.5M | Add +21.4% |
| VOO Vanguard S&P 500 ETF | 5.35% | 67,812 | $36.5M | Add +0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 5.33% | 80,161 | $36.3M | Add +11.0% |
| XLK SS Technology Select Sector | 4.58% | 134,457 | $31.3M | Add +1.1% |
| SDY SS SPDR S&P Dividend ETF | 3.63% | 187,472 | $24.8M | Add +1.5% |
| COST Costco Wholesale Corp. | 2.94% | 21,919 | $20.1M | Add +11.9% |
| AMZN Amazon.com Inc. | 2.79% | 86,871 | $19.1M | Add +31.0% |
| GOOG Alphabet Inc. Class C | 2.27% | 81,438 | $15.5M | Add +9.4% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 2.23% | 44,337 | $15.2M | Add +18.7% |
| IVV iShares Core S&P 500 ETF | 2.18% | 25,280 | $14.9M | Reduce -7.6% |
| ITOT iShares Core S&P Total U.S. | 1.99% | 105,509 | $13.6M | Reduce -1.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.97% | 32,715 | $13.4M | Add +20.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.88% | 291,568 | $12.8M | Add +5.5% |
| VIG Vanguard Dividend Apprec ETF | 1.88% | 65,401 | $12.8M | Add +8.3% |
| JEPI JPMorgan Equity Premium Inco | 1.71% | 201,360 | $11.7M | Add +1.9% |
| V Visa Inc. Class A | 1.71% | 36,841 | $11.6M | Add +11.0% |
| C Citigroup Inc. | 1.70% | 164,515 | $11.6M | Add +11.7% |
| AXP American Express Co. | 1.69% | 38,799 | $11.5M | Add +10.0% |
| BABA Alibaba Group Holding-SP ADR | 1.53% | 122,959 | $10.4M | Add +22.6% |
| GM General Motors Co. | 1.47% | 188,119 | $10.0M | Add +12.0% |
| OXY Occidental Petroleum Corp. | 1.44% | 197,576 | $9.8M | Add +27.9% |
| QQQ Invesco QQQ Trust Series 1 | 1.41% | 18,784 | $9.6M | Reduce -2.6% |
| NVDA Nvidia Corp. | 1.35% | 68,752 | $9.2M | Reduce -17.6% |
| VGT Vanguard Info Tech ETF | 1.27% | 13,957 | $8.7M | Add +7.9% |
| MU Micron Technology Inc. | 1.27% | 102,902 | $8.7M | Add +10.3% |
| AMR Alpha Metallurgical Resource | 1.24% | 42,334 | $8.5M | Add +36.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.22% | 74,301 | $8.3M | Add +21.5% |
| FLDR Fidelity Low Durat Fact ETF | 1.21% | 164,292 | $8.2M | Add +8.1% |
| MSFT Microsoft Corp. | 1.17% | 18,870 | $8.0M | Add +5.4% |
| VTI VG Morningstar TS MKT ETF-US | 1.11% | 26,054 | $7.6M | Add +29.2% |
| WMT Walmart Inc. | 1.04% | 78,040 | $7.1M | Add +13.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.95% | 10,984 | $6.5M | Add +23.5% |
| VT Vanguard Tot World STK ETF | 0.86% | 49,859 | $5.9M | Reduce -1.3% |
| MKL Markel Group Inc. | 0.80% | 3,158 | $5.5M | Add +32.3% |
| GSLC Goldman Activebeta US LC ETF | 0.80% | 47,277 | $5.4M | Add +2.8% |
| TSLA Tesla Inc. | 0.74% | 12,518 | $5.1M | Add +48.0% |
| IWM iShares Russell 2000 ETF | 0.74% | 22,799 | $5.0M | Add +1.5% |
| XLP SS Consumer Staples Sel Sect | 0.73% | 63,646 | $5.0M | Reduce -0.1% |
| GLD SPDR Gold Shares | 0.65% | 18,249 | $4.4M | Add +30.3% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.62% | 74,745 | $4.2M | Reduce -16.3% |
| GOOGL Alphabet Inc. Class A | 0.62% | 22,286 | $4.2M | Add +38.5% |
| XLE SS Energy Select Sector | 0.61% | 48,497 | $4.2M | Reduce -4.6% |
| JPM JPMorgan Chase & Co. | 0.60% | 17,033 | $4.1M | Reduce -11.9% |
| CGGR Cap Group Growth Equity | 0.51% | 92,872 | $3.5M | Add +124.8% |
| SLV iShares Silver Trust | 0.46% | 119,663 | $3.2M | Add +6.5% |
| KO The Coca-Cola Co. | 0.45% | 49,117 | $3.1M | Add +32.5% |
| WFC Wells Fargo & Co. | 0.44% | 42,819 | $3.0M | Reduce -6.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.43% | 11,209 | $3.0M | Add +0.5% |
| XLC SS Comm Select Sector SPDR | 0.42% | 29,389 | $2.8M | Reduce -0.5% |
| TLT iShares 20+ Year Treasury BD | 0.37% | 29,030 | $2.5M | Reduce -20.9% |
| OEF iShares S&P 100 ETF | 0.35% | 8,348 | $2.4M | Add +3.5% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.35% | 5,611 | $2.4M | Reduce -18.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.35% | 13,962 | $2.4M | Reduce -30.7% |
| IUSV iShares Core S&P U.S. Value | 0.32% | 23,261 | $2.2M | Add +7.4% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.31% | 31,348 | $2.1M | Add +0.4% |
| CVX Chevron Corp. | 0.31% | 14,416 | $2.1M | Add +167.3% |
| VZ Verizon Communications Inc. | 0.29% | 49,425 | $2.0M | Add +95.5% |
| META Meta Platforms Inc. Class A | 0.29% | 3,373 | $2.0M | Reduce -17.5% |
| ABBV Abbvie Inc. | 0.29% | 10,972 | $1.9M | Add +11.9% |
| SCHB Schwab US Broad Market ETF | 0.28% | 84,111 | $1.9M | New |
| AMGN Amgen Inc. | 0.28% | 7,233 | $1.9M | Reduce -5.3% |
| GE General Electric filed as GE AEROSPACE | 0.28% | 11,280 | $1.9M | Add +11.5% |
| EFA iShares MSCI Eafe ETF | 0.27% | 24,323 | $1.8M | Add +0.6% |
| SMH Vaneck Semiconductor ETF | 0.27% | 7,594 | $1.8M | Reduce -16.8% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.27% | 25,622 | $1.8M | New |
| ARKW ARK Next Generation Technolo | 0.26% | 16,626 | $1.8M | Reduce -13.6% |
| IDV iShares International Select | 0.25% | 62,310 | $1.7M | Add +0.2% |
| NFLX Netflix Inc. | 0.25% | 1,888 | $1.7M | Add +28.9% |
| NOC Northrop Grumman Corp. | 0.24% | 3,422 | $1.6M | Add +2.2% |
| XOM Exxon Mobil Corp. | 0.23% | 14,738 | $1.6M | Add +6.0% |
| FTHI Fthi/First Trust Exchange-TR | 0.23% | 68,068 | $1.6M | New |
| IYH iShares U.S. Healthcare ETF | 0.23% | 27,153 | $1.6M | Add +7.4% |
| VHT Vanguard Health Care ETF | 0.22% | 5,919 | $1.5M | Add +13.5% |
| JMUB JPMorgan Municipal ETF | 0.22% | 29,584 | $1.5M | Reduce -23.7% |
| HD Home Depot Inc. | 0.22% | 3,809 | $1.5M | Add +30.4% |
| XLF SS Financial Select Sector | 0.19% | 26,475 | $1.3M | Reduce -60.6% |
| JAAA Janus Henderson Aaa Clo ETF | 0.17% | 23,256 | $1.2M | Add +98.8% |
| GSIE Goldman Sachs Activebeta Int | 0.17% | 35,275 | $1.2M | Add +1.0% |
| ABT Abbott Laboratories | 0.17% | 10,319 | $1.2M | Reduce -6.5% |
| ASML ASML Holding NV-NY Reg SHS | 0.17% | 1,628 | $1.1M | Add +46.0% |
| PFE Pfizer Inc. | 0.17% | 42,488 | $1.1M | Reduce -0.2% |
| VDE Vanguard Energy ETF | 0.16% | 8,835 | $1.1M | Add +5.9% |
| DELL Dell Technologies -C | 0.16% | 9,250 | $1.1M | Add +384.8% |
| PG The Procter & Gamble Co. | 0.16% | 6,344 | $1.1M | Add +73.9% |
| IFRA iShares US Infrastructure | 0.15% | 22,788 | $1.1M | Add +9.7% |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | 0.15% | 92,822 | $1.0M | New |
| SBUX Starbucks Corp. | 0.15% | 11,378 | $1.0M | Add +165.3% |
| PWZ Invesco California Amt-Free | 0.15% | 40,658 | $1.0M | Add +75.6% |
| MA Mastercard Inc. Class A | 0.14% | 1,810 | $953K | Add +33.8% |
| IYY iShares Dow Jones U.S. ETF | 0.14% | 6,482 | $928K | Reduce -0.7% |
| JNJ Johnson & Johnson | 0.14% | 6,409 | $927K | Reduce -2.5% |
| CL Colgate-Palmolive Co. | 0.13% | 10,076 | $916K | Add +114.1% |
| CRM Salesforce Inc. | 0.13% | 2,684 | $899K | New |
| VNQ Vanguard Real Estate ETF | 0.13% | 9,924 | $884K | Reduce -15.2% |
| USMV iShares MSCI USA Min Vol Fac | 0.13% | 9,798 | $870K | Reduce -39.3% |
| MRK Merck & Co. Inc. | 0.13% | 8,574 | $860K | Reduce -38.1% |
| PEP Pepsico Inc. | 0.12% | 5,503 | $844K | Reduce -14.4% |
| IJR iShares Core S&P Small-Cap E | 0.12% | 7,041 | $811K | Reduce -2.3% |
| XLI SS Industrial Select Sector | 0.12% | 5,975 | $787K | Reduce -69.9% |
| QUAL iShares MSCI USA Quality Fac | 0.11% | 4,341 | $773K | Add +76.7% |
Options reported separately and not counted above: BABA calls ($136K), DIS calls ($100K), OXY calls ($74K), CVX calls ($72K), KWEB calls ($53K), AMZN calls ($22K), GOOG calls ($19K), PARAA calls ($5K).
Portfolio Sells Q3 2024 → Q4 2024
| YYY Amplify Cef High Income ETF | Sold out | 0.00% | −0.79 |
| QYLD Global X Nasd 100 Cov Call | Reduce -87.1% | 0.09% | −0.57 |
| KYN Kayne Anderson Energy Infra | Sold out | 0.00% | −0.45 |
| PARAA Paramount Global Class B | Reduce -83.5% | 0.09% | −0.44 |
| XYLD Global X S&P 500 Cove Call E | Sold out | 0.00% | −0.43 |
| SPGP Invesco S&P 500 Garp ETF | Sold out | 0.00% | −0.39 |
| BST BlackRock Science & Tech TR | Sold out | 0.00% | −0.37 |
| BUFR FT Vest Lad Buffervetf-Usd I | Reduce -85.3% | 0.06% | −0.33 |
| XAWPX Abrdn Global Premier Propert | Sold out | 0.00% | −0.29 |
| XLI SS Industrial Select Sector | Reduce -69.9% | 0.12% | −0.28 |
| XLF SS Financial Select Sector | Reduce -60.6% | 0.19% | −0.26 |
| CBRE GBL REAL ESTATE INC FD | Sold out | 0.00% | −0.24 |
| HES Hess Corp. | Sold out | 0.00% | −0.23 |
| VAW Vanguard Materials ETF | Sold out | 0.00% | −0.22 |
| BHK BlackRock Core Bond Trust | Sold out | 0.00% | −0.22 |
| DJIA Global X Dow 30 Cov Call ETF | Sold out | 0.00% | −0.22 |
| HGLB Highland Global Allocation | Sold out | 0.00% | −0.21 |
| HQH Abrdn Healthcare Investors | Sold out | 0.00% | −0.20 |
| WIW Western Asst Infl-LNK Opp | Sold out | 0.00% | −0.20 |
| XEVVX Eaton Vance Ltd. Durat Inc. | Sold out | 0.00% | −0.18 |
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.18 |
| RYLD Global X Russell 2000 Cov Class | Sold out | 0.00% | −0.17 |
| UTF Cohen & Steers Infrastructur | Sold out | 0.00% | −0.17 |
| HFRO Highland Opport & Income | Sold out | 0.00% | −0.17 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -30.7% | 0.35% | −0.17 |
| ACP Abrdn Income Credit Strat | Sold out | 0.00% | −0.16 |
| MCN Xai Madison Equity Premium I | Sold out | 0.00% | −0.16 |
| TLT iShares 20+ Year Treasury BD | Reduce -20.9% | 0.37% | −0.15 |
| SCHV Schwab US Large-Cap Value | Sold out | 0.00% | −0.15 |
| SCHG Schwab US Large-Cap Growth | Sold out | 0.00% | −0.14 |
| LLY Eli Lilly & Co. | Reduce -52.8% | 0.10% | −0.13 |
| EOD Allspring Global Dividend Op | Sold out | 0.00% | −0.13 |
| AVK Advent Convert & Income | Sold out | 0.00% | −0.13 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.13 |
| NVDA Nvidia Corp. | Reduce -17.6% | 1.35% | −0.12 |
| IVV iShares Core S&P 500 ETF | Reduce -7.6% | 2.18% | −0.12 |
| IWB iShares Russell 1000 ETF | Sold out | 0.00% | −0.11 |
| RIV Rivernorth Opportunities | Sold out | 0.00% | −0.11 |
| XAODX Abrdn Total Dynamic Dividend | Sold out | 0.00% | −0.11 |
| KNG FT Vest S&P 500 DVD Arst TRG | Reduce -47.8% | 0.10% | −0.10 |
| MRK Merck & Co. Inc. | Reduce -38.1% | 0.13% | −0.10 |
| CSQ Calamos Strat TTL RTRN FND | Sold out | 0.00% | −0.10 |
| RVT Royce Small-Cap Trust Inc. | Reduce -66.0% | 0.05% | −0.10 |
| XIAEX Voya Asia Pac Hi DVD Eq Inc. | Sold out | 0.00% | −0.10 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Sold out | 0.00% | −0.10 |
| RMT Royce Micro-Cap Trust Inc. | Reduce -76.7% | 0.03% | −0.10 |
| CFA Victoryshares US 500 Volatil | Sold out | 0.00% | −0.10 |
| XFOFX Cohen & Steers Closed-End Op | Sold out | 0.00% | −0.09 |
| XNROX Neu Re Est Sec Inc. FD Inc.-US | Reduce -93.9% | 0.01% | −0.09 |
| TIPZ PIMCO Broad US Tips Index | Sold out | 0.00% | −0.09 |
Portfolio Buys Q3 2024 → Q4 2024
| AAPL Apple Inc. | Add +21.4% | 6.08% | +1.45 |
| AMZN Amazon.com Inc. | Add +31.0% | 2.79% | +1.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +11.0% | 5.33% | +0.49 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +18.7% | 2.23% | +0.48 |
| GOOG Alphabet Inc. Class C | Add +9.4% | 2.27% | +0.46 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +20.7% | 1.97% | +0.45 |
| TSLA Tesla Inc. | Add +48.0% | 0.74% | +0.42 |
| COST Costco Wholesale Corp. | Add +11.9% | 2.94% | +0.42 |
| V Visa Inc. Class A | Add +11.0% | 1.71% | +0.38 |
| GM General Motors Co. | Add +12.0% | 1.47% | +0.37 |
| DIS The Walt Disney Co. | Add +21.5% | 1.22% | +0.36 |
| C Citigroup Inc. | Add +11.7% | 1.70% | +0.36 |
| CGGR Cap Group Growth Equity | Add +124.8% | 0.51% | +0.30 |
| AXP American Express Co. | Add +10.0% | 1.69% | +0.30 |
| BAC Bank of America Corp. | Add +5.5% | 1.88% | +0.28 |
| SCHB Schwab US Broad Market ETF | New | 0.28% | +0.28 |
| OXY Occidental Petroleum Corp. | Add +27.9% | 1.44% | +0.28 |
| VTI VG Morningstar TS MKT ETF-US | Add +29.2% | 1.11% | +0.28 |
| SPTM SS SPDR P S&P 1500 Comp ETF | New | 0.27% | +0.27 |
| MKL Markel Group Inc. | Add +32.3% | 0.80% | +0.25 |
| FTHI Fthi/First Trust Exchange-TR | New | 0.23% | +0.23 |
| GOOGL Alphabet Inc. Class A | Add +38.5% | 0.62% | +0.23 |
| WMT Walmart Inc. | Add +13.8% | 1.04% | +0.23 |
| XLK SS Technology Select Sector | Add +1.1% | 4.58% | +0.21 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +23.5% | 0.95% | +0.20 |
| CVX Chevron Corp. | Add +167.3% | 0.31% | +0.19 |
| VOO Vanguard S&P 500 ETF | Add +0.6% | 5.35% | +0.18 |
| AMR Alpha Metallurgical Resource | Add +36.3% | 1.24% | +0.17 |
| VGT Vanguard Info Tech ETF | Add +7.9% | 1.27% | +0.17 |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | New | 0.15% | +0.15 |
| GLD SPDR Gold Shares | Add +30.3% | 0.65% | +0.15 |
| VIG Vanguard Dividend Apprec ETF | Add +8.3% | 1.88% | +0.14 |
| CRM Salesforce Inc. | New | 0.13% | +0.13 |
| VZ Verizon Communications Inc. | Add +95.5% | 0.29% | +0.12 |
| DELL Dell Technologies -C | Add +384.8% | 0.16% | +0.12 |
| BLK BlackRock Inc. | New | 0.11% | +0.11 |
| FLDR Fidelity Low Durat Fact ETF | Add +8.1% | 1.21% | +0.10 |
| NFLX Netflix Inc. | Add +28.9% | 0.25% | +0.10 |
| DUK Duke Energy Corp. | New | 0.09% | +0.09 |
| ANET Arista Networks Inc. | New | 0.09% | +0.09 |
| SBUX Starbucks Corp. | Add +165.3% | 0.15% | +0.09 |
| JAAA Janus Henderson Aaa Clo ETF | Add +98.8% | 0.17% | +0.09 |
| NAC Nuveen Ca QLTY Muni Inc. | New | 0.08% | +0.08 |
| VCV Invesco Ca Val Muni Inc. TR | New | 0.08% | +0.08 |
| XNCMX Nuveen Ca Amt-FR Muni Inc. | New | 0.08% | +0.08 |
| NEAR iShares SH Dba ETF Usd Inc. | New | 0.08% | +0.08 |
| RITM Rithm Capital Corp. | New | 0.08% | +0.08 |
| HCC Warrior Met Coal Inc. | New | 0.08% | +0.08 |
| SHV iShares 0-1 Year Treasury Bo | New | 0.07% | +0.07 |
| PULS Pgim Ultra Short Bond ETF | New | 0.07% | +0.07 |
Options Activity Q3 2024 → Q4 2024
| BABA Alibaba Group Holding-SP ADR | call | Reduce -27.3% | 1,600 | $136K |
| OXY Occidental Petroleum Corp. | call | New | 1,500 | $74K |
| CVX Chevron Corp. | call | New | 500 | $72K |
| KWEB Kranesh Csi China Internet | call | New | 1,800 | $53K |
| AMR Alpha Metallurgical Resource | call | Sold out | 400 | $19Kbefore exit |
| GOOG Alphabet Inc. Class C | call | New | 100 | $19K |
| GOOGL Alphabet Inc. Class A | call | Sold out | 100 | $8Kbefore exit |
| PARAA Paramount Global Class B | call | Reduce -37.5% | 500 | $5K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Sold out | 184 | $234Kbefore exit |
| SLDPW Decarbonization Plus -CW23 | *W EXP 12/08/202 | Sold out | 31,600 | $3Kbefore 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 | 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 |