NWF Advisory Services Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed August 12, 2025), NWF Advisory Services Inc. reported 356 stock positions worth $711.9 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 5.7% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 4.9%) and Apple (AAPL, 4.1%). Compared with Q4 2024, it opened 146 new positions, sold out of 64, added to 72 and reduced 121. The biggest buy was a new position in Amplify Cef High Income ETF (YYY) and the biggest sale Apple (AAPL, shares −21%).
- Most Recent 13F
- Q2 2026
- Location
- Los Angeles, CA
- CIK
- 0002045735
- Portfolio Value
- $711.9M (Q1 2025)
- SEC Filing
- 0001667731-25-001092 ↗ filed Aug 12, 2025
Holdings Value
Holdings 356 stocks · $711.9M
| BRK.B Berkshire Hathaway Inc. Class B | 5.69% | 76,015 | $40.5M | Reduce -5.2% |
| VOO Vanguard S&P 500 ETF | 4.93% | 68,354 | $35.1M | Add +0.8% |
| AAPL Apple Inc. | 4.09% | 130,950 | $29.1M | Reduce -21.0% |
| XLK SS Technology Select Sector | 3.92% | 135,040 | $27.9M | Add +0.4% |
| SDY SS SPDR S&P Dividend ETF | 3.47% | 182,039 | $24.7M | Reduce -2.9% |
| COST Costco Wholesale Corp. | 2.87% | 21,586 | $20.4M | Reduce -1.5% |
| BABA Alibaba Group Holding-SP ADR | 2.04% | 109,859 | $14.5M | Reduce -10.7% |
| IVV iShares Core S&P 500 ETF | 2.03% | 25,725 | $14.5M | Add +1.8% |
| AMZN Amazon.com Inc. | 1.97% | 73,548 | $14.0M | Reduce -15.3% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 1.92% | 44,330 | $13.7M | Reduce -0.0% |
| ITOT iShares Core S&P Total U.S. | 1.88% | 109,549 | $13.4M | Add +3.8% |
| VIG Vanguard Dividend Apprec ETF | 1.73% | 63,384 | $12.3M | Reduce -3.1% |
| GOOG Alphabet Inc. Class C | 1.72% | 78,587 | $12.3M | Reduce -3.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.68% | 32,292 | $12.0M | Reduce -1.3% |
| V Visa Inc. Class A | 1.67% | 33,952 | $11.9M | Reduce -7.8% |
| JEPI JPMorgan Equity Premium Inco | 1.57% | 195,398 | $11.2M | Reduce -3.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.53% | 260,411 | $10.9M | Reduce -10.7% |
| C Citigroup Inc. | 1.48% | 148,139 | $10.5M | Reduce -9.9% |
| AXP American Express Co. | 1.39% | 36,803 | $9.9M | Reduce -5.1% |
| OXY Occidental Petroleum Corp. | 1.32% | 190,478 | $9.4M | Reduce -3.6% |
| MU Micron Technology Inc. | 1.20% | 98,445 | $8.6M | Reduce -4.3% |
| GM General Motors Co. | 1.09% | 164,814 | $7.8M | Reduce -12.4% |
| VTI VG Morningstar TS MKT ETF-US | 1.02% | 26,342 | $7.2M | Add +1.1% |
| VGT Vanguard Info Tech ETF | 1.01% | 13,237 | $7.2M | Reduce -5.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.92% | 13,974 | $6.6M | Reduce -25.6% |
| MSFT Microsoft Corp. | 0.91% | 17,301 | $6.5M | Reduce -8.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.90% | 64,885 | $6.4M | Reduce -12.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.89% | 11,276 | $6.3M | Add +2.7% |
| YYY Amplify Cef High Income ETF | 0.87% | 544,395 | $6.2M | New |
| AMR Alpha Metallurgical Resource | 0.87% | 49,551 | $6.2M | Add +17.1% |
| WMT Walmart Inc. | 0.84% | 68,424 | $6.0M | Reduce -12.3% |
| VT Vanguard Tot World STK ETF | 0.81% | 49,510 | $5.7M | Reduce -0.7% |
| GSLC Goldman Activebeta US LC ETF | 0.80% | 51,791 | $5.7M | Add +9.6% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.75% | 102,986 | $5.3M | Add +37.8% |
| MKL Markel Group Inc. | 0.75% | 2,842 | $5.3M | Reduce -10.0% |
| XLP SS Consumer Staples Sel Sect | 0.72% | 62,862 | $5.1M | Reduce -1.2% |
| CGMS Cap Group US Multi-Sect Bond | 0.69% | 178,762 | $4.9M | New |
| NVDA Nvidia Corp. | 0.67% | 44,328 | $4.8M | Reduce -35.5% |
| CGSD Cap Group Short Duration | 0.66% | 182,365 | $4.7M | New |
| GLD SPDR Gold Shares | 0.66% | 16,249 | $4.7M | Reduce -11.0% |
| QYLD Global X Nasd 100 Cov Call | 0.65% | 277,310 | $4.6M | Add +760.8% |
| IWM iShares Russell 2000 ETF | 0.63% | 22,617 | $4.5M | Reduce -0.8% |
| FLDR Fidelity Low Durat Fact ETF | 0.59% | 84,109 | $4.2M | Reduce -48.8% |
| XLE SS Energy Select Sector | 0.59% | 45,070 | $4.2M | Reduce -7.1% |
| KYN Kayne Anderson Energy Infra | 0.58% | 320,161 | $4.1M | New |
| JPM JPMorgan Chase & Co. | 0.54% | 15,694 | $3.8M | Reduce -7.9% |
| SCHD Schwab US DVD Equity ETF | 0.53% | 135,220 | $3.8M | New |
| SLV iShares Silver Trust | 0.53% | 121,015 | $3.8M | Add +1.1% |
| URA Global X Uranium ETF | 0.51% | 157,013 | $3.6M | New |
| CGGR Cap Group Growth Equity | 0.46% | 96,589 | $3.3M | Add +4.0% |
| TSLA Tesla Inc. | 0.43% | 11,812 | $3.1M | Reduce -5.6% |
| QQQM Invesco Nasdaq 100 ETF | 0.43% | 15,729 | $3.0M | New |
| CNR Core Natural Resources Inc. | 0.42% | 38,805 | $3.0M | New |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.40% | 11,112 | $2.9M | Reduce -0.9% |
| XYLD Global X S&P 500 Cove Call E | 0.40% | 72,559 | $2.9M | New |
| WFC Wells Fargo & Co. | 0.40% | 39,575 | $2.8M | Reduce -7.6% |
| KO The Coca-Cola Co. | 0.40% | 39,472 | $2.8M | Reduce -19.6% |
| GE General Electric filed as GE AEROSPACE | 0.38% | 13,644 | $2.7M | Add +21.0% |
| GOOGL Alphabet Inc. Class A | 0.37% | 16,876 | $2.6M | Reduce -24.3% |
| BST BlackRock Science & Tech TR | 0.35% | 75,000 | $2.5M | New |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.35% | 83,100 | $2.5M | Add +536.9% |
| META Meta Platforms Inc. Class A | 0.34% | 4,141 | $2.4M | Add +22.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.33% | 13,490 | $2.3M | Reduce -3.4% |
| OEF iShares S&P 100 ETF | 0.33% | 8,562 | $2.3M | Add +2.6% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.32% | 31,057 | $2.3M | Reduce -0.9% |
| SAP Sap SE-Sponsored ADR | 0.29% | 7,686 | $2.1M | New |
| IUSV iShares Core S&P U.S. Value | 0.29% | 22,340 | $2.1M | Reduce -4.0% |
| EIPI FT Energy Income ETF | 0.28% | 99,435 | $2.0M | New |
| ABBV Abbvie Inc. | 0.28% | 9,565 | $2.0M | Reduce -12.8% |
| EFA iShares MSCI Eafe ETF | 0.27% | 23,305 | $1.9M | Reduce -4.2% |
| SCHB Schwab US Broad Market ETF | 0.26% | 84,711 | $1.8M | Add +0.7% |
| IDV iShares International Select | 0.25% | 58,408 | $1.8M | Reduce -6.3% |
| ARKW ARK Next Generation Technolo | 0.25% | 19,023 | $1.8M | Add +14.4% |
| AMGN Amgen Inc. | 0.25% | 5,760 | $1.8M | Reduce -20.4% |
| XOM Exxon Mobil Corp. | 0.25% | 14,969 | $1.8M | Add +1.6% |
| NFLX Netflix Inc. | 0.25% | 1,898 | $1.8M | Add +0.5% |
| IYH iShares U.S. Healthcare ETF | 0.24% | 28,632 | $1.7M | Add +5.5% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.24% | 25,622 | $1.7M | No change |
| NOC Northrop Grumman Corp. | 0.24% | 3,347 | $1.7M | Reduce -2.2% |
| XAWPX Abrdn Global Premier Propert | 0.23% | 425,825 | $1.7M | New |
| VHT Vanguard Health Care ETF | 0.23% | 6,222 | $1.6M | Add +5.1% |
| USMV iShares MSCI USA Min Vol Fac | 0.23% | 17,242 | $1.6M | Add +76.0% |
| HQH Abrdn Healthcare Investors | 0.23% | 98,681 | $1.6M | New |
| MMM 3M Co. | 0.22% | 10,747 | $1.6M | Add +493.8% |
| CVX Chevron Corp. | 0.22% | 9,425 | $1.6M | Reduce -34.6% |
| HGLB Highland Global Allocation | 0.22% | 187,731 | $1.6M | New |
| RYLD Global X Russell 2000 Cov Class | 0.22% | 102,536 | $1.5M | New |
| RSP Invesco S&P 500 Equal Weight | 0.21% | 8,508 | $1.5M | New |
| KNG FT Vest S&P 500 DVD Arst TRG | 0.20% | 28,450 | $1.4M | Add +113.9% |
| CBRE GBL REAL ESTATE INC FD | 0.20% | 276,100 | $1.4M | New |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.20% | 3,366 | $1.4M | Reduce -40.0% |
| FAX Abrdn Asia-Pacific Income | 0.19% | 88,380 | $1.4M | New |
| WIW Western Asst Infl-LNK Opp | 0.19% | 156,450 | $1.4M | New |
| DJIA Global X Dow 30 Cov Call ETF | 0.19% | 62,250 | $1.4M | New |
| HD Home Depot Inc. | 0.19% | 3,672 | $1.3M | Reduce -3.6% |
| ABT Abbott Laboratories | 0.18% | 9,507 | $1.3M | Reduce -7.9% |
| XLF SS Financial Select Sector | 0.17% | 24,890 | $1.2M | Reduce -6.0% |
| BHK BlackRock Core Bond Trust | 0.17% | 110,050 | $1.2M | New |
| VDE Vanguard Energy ETF | 0.16% | 9,044 | $1.2M | Add +2.4% |
| JMUB JPMorgan Municipal ETF | 0.16% | 23,420 | $1.2M | Reduce -20.8% |
Options reported separately and not counted above: BABA calls ($81K), OXY calls ($26K), CVX calls ($15K), DIS calls ($13K), AMZN calls ($9K), KWEB calls ($7K), GOOGL calls ($6K), V calls ($763), UPS calls ($177).
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -21.0% | 4.09% | −2.00 |
| AMZN Amazon.com Inc. | Reduce -15.3% | 1.97% | −0.83 |
| NVDA Nvidia Corp. | Reduce -35.5% | 0.67% | −0.68 |
| FLDR Fidelity Low Durat Fact ETF | Reduce -48.8% | 0.59% | −0.62 |
| GOOG Alphabet Inc. Class C | Reduce -3.5% | 1.72% | −0.55 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -25.6% | 0.92% | −0.49 |
| XLC SS Comm Select Sector SPDR | Sold out | 0.00% | −0.42 |
| GM General Motors Co. | Reduce -12.4% | 1.09% | −0.38 |
| BAC Bank of America Corp. | Reduce -10.7% | 1.53% | −0.35 |
| TLT iShares 20+ Year Treasury BD | Reduce -90.6% | 0.03% | −0.34 |
| DIS The Walt Disney Co. | Reduce -12.7% | 0.90% | −0.32 |
| TSLA Tesla Inc. | Reduce -5.6% | 0.43% | −0.31 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -0.0% | 1.92% | −0.31 |
| AXP American Express Co. | Reduce -5.1% | 1.39% | −0.30 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.3% | 1.68% | −0.29 |
| VGT Vanguard Info Tech ETF | Reduce -5.2% | 1.01% | −0.26 |
| MSFT Microsoft Corp. | Reduce -8.3% | 0.91% | −0.25 |
| GOOGL Alphabet Inc. Class A | Reduce -24.3% | 0.37% | −0.25 |
| FTHI Fthi/First Trust Exchange-TR | Sold out | 0.00% | −0.23 |
| C Citigroup Inc. | Reduce -9.9% | 1.48% | −0.22 |
| VZ Verizon Communications Inc. | Reduce -76.8% | 0.07% | −0.22 |
| SMH Vaneck Semiconductor ETF | Reduce -71.0% | 0.07% | −0.20 |
| WMT Walmart Inc. | Reduce -12.3% | 0.84% | −0.19 |
| SDY SS SPDR S&P Dividend ETF | Reduce -2.9% | 3.47% | −0.16 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.16 |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | Sold out | 0.00% | −0.15 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -40.0% | 0.20% | −0.15 |
| VIG Vanguard Dividend Apprec ETF | Reduce -3.1% | 1.73% | −0.15 |
| JEPI JPMorgan Equity Premium Inco | Reduce -3.0% | 1.57% | −0.14 |
| OXY Occidental Petroleum Corp. | Reduce -3.6% | 1.32% | −0.12 |
| IWM iShares Russell 2000 ETF | Reduce -0.8% | 0.63% | −0.10 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.09 |
| CVX Chevron Corp. | Reduce -34.6% | 0.22% | −0.08 |
| NAC Nuveen Ca QLTY Muni Inc. | Sold out | 0.00% | −0.08 |
| VCV Invesco Ca Val Muni Inc. TR | Sold out | 0.00% | −0.08 |
| XNCMX Nuveen Ca Amt-FR Muni Inc. | Sold out | 0.00% | −0.08 |
| NEAR iShares SH Dba ETF Usd Inc. | Sold out | 0.00% | −0.08 |
| COST Costco Wholesale Corp. | Reduce -1.5% | 2.87% | −0.08 |
| RITM Rithm Capital Corp. | Sold out | 0.00% | −0.08 |
| SHV iShares 0-1 Year Treasury Bo | Sold out | 0.00% | −0.07 |
| PULS Pgim Ultra Short Bond ETF | Sold out | 0.00% | −0.07 |
| SBUX Starbucks Corp. | Reduce -50.1% | 0.08% | −0.07 |
| VRIG Invesco Variable Rate Invest | Sold out | 0.00% | −0.07 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -39.0% | 0.10% | −0.07 |
| PWZ Invesco California Amt-Free | Reduce -43.1% | 0.08% | −0.07 |
| MU Micron Technology Inc. | Reduce -4.3% | 1.20% | −0.07 |
| EVN Eaton Vance Muni Inc. TR | Sold out | 0.00% | −0.07 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.07 |
| GSY Invesco Ultra Short Duration | Sold out | 0.00% | −0.07 |
| RKLB Rocket Lab USA Inc. | Sold out | 0.00% | −0.07 |
Portfolio Buys Q4 2024 → Q1 2025
| YYY Amplify Cef High Income ETF | New | 0.87% | +0.87 |
| CGMS Cap Group US Multi-Sect Bond | New | 0.69% | +0.69 |
| CGSD Cap Group Short Duration | New | 0.66% | +0.66 |
| KYN Kayne Anderson Energy Infra | New | 0.58% | +0.58 |
| QYLD Global X Nasd 100 Cov Call | Add +760.8% | 0.65% | +0.56 |
| SCHD Schwab US DVD Equity ETF | New | 0.53% | +0.53 |
| URA Global X Uranium ETF | New | 0.51% | +0.51 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.43% | +0.43 |
| CNR Core Natural Resources Inc. | New | 0.42% | +0.42 |
| XYLD Global X S&P 500 Cove Call E | New | 0.40% | +0.40 |
| BST BlackRock Science & Tech TR | New | 0.35% | +0.35 |
| SAP Sap SE-Sponsored ADR | New | 0.29% | +0.29 |
| BUFR FT Vest Lad Buffervetf-Usd I | Add +536.9% | 0.35% | +0.29 |
| EIPI FT Energy Income ETF | New | 0.28% | +0.28 |
| XAWPX Abrdn Global Premier Propert | New | 0.23% | +0.23 |
| HQH Abrdn Healthcare Investors | New | 0.23% | +0.23 |
| HGLB Highland Global Allocation | New | 0.22% | +0.22 |
| RYLD Global X Russell 2000 Cov Class | New | 0.22% | +0.22 |
| RSP Invesco S&P 500 Equal Weight | New | 0.21% | +0.21 |
| CBRE GBL REAL ESTATE INC FD | New | 0.20% | +0.20 |
| FAX Abrdn Asia-Pacific Income | New | 0.19% | +0.19 |
| WIW Western Asst Infl-LNK Opp | New | 0.19% | +0.19 |
| DJIA Global X Dow 30 Cov Call ETF | New | 0.19% | +0.19 |
| MMM 3M Co. | Add +493.8% | 0.22% | +0.19 |
| BHK BlackRock Core Bond Trust | New | 0.17% | +0.17 |
| UTF Cohen & Steers Infrastructur | New | 0.16% | +0.16 |
| HFRO Highland Opport & Income | New | 0.15% | +0.15 |
| XEVVX Eaton Vance Ltd. Durat Inc. | New | 0.14% | +0.14 |
| EOD Allspring Global Dividend Op | New | 0.14% | +0.14 |
| XSORX Source Capital Inc. | New | 0.13% | +0.13 |
| B Barrick Mining Corp. | New | 0.13% | +0.13 |
| JEPQ JPM Nasdaq Equity Premium | Add +37.8% | 0.75% | +0.13 |
| SCHV Schwab US Large-Cap Value | New | 0.12% | +0.12 |
| AVK Advent Convert & Income | New | 0.12% | +0.12 |
| SCHG Schwab US Large-Cap Growth | New | 0.12% | +0.12 |
| UTG Reaves Utility Income Fund | New | 0.12% | +0.12 |
| BMEZ BlackRock HLTH Sci TRM TR II | New | 0.11% | +0.11 |
| HIX Western Asset High Inc. II | New | 0.11% | +0.11 |
| GE General Electric | Add +21.0% | 0.38% | +0.11 |
| MCN Xai Madison Equity Premium I | New | 0.11% | +0.11 |
| KNG FT Vest S&P 500 DVD Arst TRG | Add +113.9% | 0.20% | +0.10 |
| USMV iShares MSCI USA Min Vol Fac | Add +76.0% | 0.23% | +0.10 |
| FEP First Trust Europe | New | 0.10% | +0.10 |
| ACP Abrdn Income Credit Strat | New | 0.10% | +0.10 |
| XAODX Abrdn Total Dynamic Dividend | New | 0.10% | +0.10 |
| XETYX Eaton Vance Tax-MGD Div Eqty | New | 0.09% | +0.09 |
| RIV Rivernorth Opportunities | New | 0.09% | +0.09 |
| XIAEX Voya Asia Pac Hi DVD Eq Inc. | New | 0.09% | +0.09 |
| XEXGX Eaton Vance Tax-Managed Glob | New | 0.09% | +0.09 |
| CSQ Calamos Strat TTL RTRN FND | New | 0.09% | +0.09 |
Options Activity Q4 2024 → Q1 2025
| BABA Alibaba Group Holding-SP ADR | call | Reduce -6.3% | 1,500 | $81K |
| OXY Occidental Petroleum Corp. | call | Add +113.3% | 3,200 | $26K |
| GOOG Alphabet Inc. Class C | call | Sold out | 100 | $19Kbefore exit |
| DIS The Walt Disney Co. | call | Reduce -22.2% | 700 | $13K |
| KWEB Kranesh Csi China Internet | call | Reduce -55.6% | 800 | $7K |
| GOOGL Alphabet Inc. Class A | call | New | 100 | $6K |
| PARAA Paramount Global Class B | call | Sold out | 500 | $5Kbefore exit |
| V Visa Inc. Class A | call | New | 100 | $763 |
| UPS United Parcel Service Class B | call | New | 300 | $177 |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings 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 |