NWF Advisory Services Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed September 9, 2025), NWF Advisory Services Inc. reported 412 stock positions worth $838.2 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 4.9% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 4.6%) and SS Technology Select Sector (XLK, 4.4%). Compared with Q1 2025, it opened 75 new positions, sold out of 19, added to 169 and reduced 96. The biggest buy was Nvidia (NVDA, shares +88%) and the biggest sale SS Energy Select Sector (XLE, shares −89%).
- Most Recent 13F
- Q2 2026
- Location
- Los Angeles, CA
- CIK
- 0002045735
- Portfolio Value
- $838.2M (Q2 2025)
- SEC Filing
- 0001667731-25-001273 ↗ filed Sep 9, 2025
Holdings Value
Holdings 412 stocks · $838.2M
| VOO Vanguard S&P 500 ETF | 4.86% | 71,657 | $40.7M | Add +4.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.64% | 80,120 | $38.9M | Add +5.4% |
| XLK SS Technology Select Sector | 4.38% | 144,862 | $36.7M | Add +7.3% |
| AAPL Apple Inc. | 3.33% | 135,872 | $27.9M | Add +3.8% |
| SDY SS SPDR S&P Dividend ETF | 2.95% | 182,317 | $24.7M | Add +0.1% |
| COST Costco Wholesale Corp. | 2.58% | 21,882 | $21.7M | Add +1.4% |
| AMZN Amazon.com Inc. | 2.08% | 79,566 | $17.5M | Add +8.2% |
| IVV iShares Core S&P 500 ETF | 2.04% | 27,534 | $17.1M | Add +7.0% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 1.93% | 44,207 | $16.2M | Reduce -0.3% |
| ITOT iShares Core S&P Total U.S. | 1.76% | 109,415 | $14.8M | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 1.72% | 81,269 | $14.4M | Add +3.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.66% | 31,749 | $13.9M | Reduce -1.7% |
| AXP American Express Co. | 1.59% | 41,801 | $13.3M | Add +13.6% |
| VIG Vanguard Dividend Apprec ETF | 1.58% | 64,805 | $13.3M | Add +2.2% |
| NVDA Nvidia Corp. | 1.57% | 83,164 | $13.1M | Add +87.6% |
| V Visa Inc. Class A | 1.53% | 36,190 | $12.8M | Add +6.6% |
| BABA Alibaba Group Holding-SP ADR | 1.52% | 112,082 | $12.7M | Add +2.0% |
| JEPI JPMorgan Equity Premium Inco | 1.44% | 212,392 | $12.1M | Add +8.7% |
| MU Micron Technology Inc. | 1.44% | 97,823 | $12.1M | Reduce -0.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.39% | 246,433 | $11.7M | Reduce -5.4% |
| C Citigroup Inc. | 1.29% | 126,904 | $10.8M | Reduce -14.3% |
| MSFT Microsoft Corp. | 1.17% | 19,773 | $9.8M | Add +14.3% |
| VGT Vanguard Info Tech ETF | 1.14% | 14,353 | $9.5M | Add +8.4% |
| VTI VG Morningstar TS MKT ETF-US | 1.12% | 31,014 | $9.4M | Add +17.7% |
| QQQ Invesco QQQ Trust Series 1 | 1.08% | 16,344 | $9.0M | Add +17.0% |
| IWM iShares Russell 2000 ETF | 1.06% | 41,135 | $8.9M | Add +81.9% |
| OXY Occidental Petroleum Corp. | 1.00% | 199,995 | $8.4M | Add +5.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.98% | 66,455 | $8.2M | Add +2.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.93% | 12,593 | $7.8M | Add +11.7% |
| GM General Motors Co. | 0.88% | 149,969 | $7.4M | Reduce -9.0% |
| WMT Walmart Inc. | 0.82% | 70,015 | $6.8M | Add +2.3% |
| YYY Amplify Cef High Income ETF | 0.77% | 554,295 | $6.5M | Add +1.8% |
| VT Vanguard Tot World STK ETF | 0.76% | 49,836 | $6.4M | Add +0.7% |
| GSLC Goldman Activebeta US LC ETF | 0.76% | 52,478 | $6.4M | Add +1.3% |
| MKL Markel Group Inc. | 0.69% | 2,908 | $5.8M | Add +2.3% |
| SCHD Schwab US DVD Equity ETF | 0.66% | 210,171 | $5.6M | Add +55.4% |
| XLP SS Consumer Staples Sel Sect | 0.65% | 67,206 | $5.4M | Add +6.9% |
| NJUN Innovator G-100 P B ETF - Ju | 0.62% | 175,098 | $5.2M | New |
| JPM JPMorgan Chase & Co. | 0.62% | 17,826 | $5.2M | Add +13.6% |
| CGMS Cap Group US Multi-Sect Bond | 0.58% | 176,937 | $4.9M | Reduce -1.0% |
| CGGR Cap Group Growth Equity | 0.58% | 119,935 | $4.9M | Add +24.2% |
| AMR Alpha Metallurgical Resource | 0.57% | 42,373 | $4.8M | Reduce -14.5% |
| CGSD Cap Group Short Duration | 0.56% | 181,076 | $4.7M | Reduce -0.7% |
| QYLD Global X Nasd 100 Cov Call | 0.53% | 265,285 | $4.4M | Reduce -4.3% |
| GLD SPDR Gold Shares | 0.50% | 13,784 | $4.2M | Reduce -15.2% |
| KYN Kayne Anderson Energy Infra | 0.49% | 324,294 | $4.1M | Add +1.3% |
| FLDR Fidelity Low Durat Fact ETF | 0.49% | 81,527 | $4.1M | Reduce -3.1% |
| META Meta Platforms Inc. Class A | 0.48% | 5,422 | $4.0M | Add +30.9% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.48% | 73,559 | $4.0M | Reduce -28.6% |
| TSLA Tesla Inc. | 0.46% | 12,232 | $3.9M | Add +3.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.46% | 21,684 | $3.8M | Add +60.7% |
| SLV iShares Silver Trust | 0.45% | 114,560 | $3.8M | Reduce -5.3% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.44% | 38,728 | $3.7M | New |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.43% | 113,660 | $3.6M | Add +36.8% |
| HCC Warrior Met Coal Inc. | 0.42% | 77,650 | $3.6M | Add +821.7% |
| CVX Chevron Corp. | 0.42% | 24,468 | $3.5M | Add +159.6% |
| GOOGL Alphabet Inc. Class A | 0.40% | 18,862 | $3.3M | Add +11.8% |
| WFC Wells Fargo & Co. | 0.38% | 40,125 | $3.2M | Add +1.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.38% | 11,435 | $3.2M | Add +2.9% |
| XYLD Global X S&P 500 Cove Call E | 0.38% | 81,912 | $3.2M | Add +12.9% |
| KO The Coca-Cola Co. | 0.37% | 43,733 | $3.1M | Add +10.8% |
| STIP iShares 0-5 Year Tips Bond E | 0.36% | 29,614 | $3.0M | New |
| BST BlackRock Science & Tech TR | 0.35% | 76,735 | $2.9M | Add +2.3% |
| VZ Verizon Communications Inc. | 0.34% | 65,113 | $2.8M | Add +468.4% |
| PIZ Invesco Dorsey Wright Develo | 0.33% | 60,549 | $2.8M | New |
| NFLX Netflix Inc. | 0.32% | 1,997 | $2.7M | Add +5.2% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.30% | 31,441 | $2.5M | Add +1.2% |
| IBKR Interactive Brokers Gro Class A | 0.30% | 45,306 | $2.5M | New |
| ABBV Abbvie Inc. | 0.30% | 13,504 | $2.5M | Add +41.2% |
| OEF iShares S&P 100 ETF | 0.30% | 8,131 | $2.5M | Reduce -5.0% |
| QQQM Invesco Nasdaq 100 ETF | 0.27% | 10,101 | $2.3M | Reduce -35.8% |
| PLTR Palantir Technologies Inc. Class A | 0.27% | 16,783 | $2.3M | Add +556.6% |
| EIPI FT Energy Income ETF | 0.25% | 104,635 | $2.1M | Add +5.2% |
| HGLB Highland Global Allocation | 0.24% | 234,981 | $2.0M | Add +25.2% |
| SCHB Schwab US Broad Market ETF | 0.24% | 84,711 | $2.0M | No change |
| NEE Nextera Energy Inc. | 0.24% | 28,823 | $2.0M | Add +74.6% |
| IDV iShares International Select | 0.24% | 57,934 | $2.0M | Reduce -0.8% |
| EFA iShares MSCI Eafe ETF | 0.24% | 22,094 | $2.0M | Reduce -5.2% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.24% | 4,476 | $2.0M | Add +33.0% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.23% | 25,727 | $1.9M | Add +0.4% |
| FXE Invesco Currencyshares Euro | 0.22% | 17,193 | $1.9M | New |
| RSP Invesco S&P 500 Equal Weight | 0.22% | 10,117 | $1.8M | Add +18.9% |
| IUSV iShares Core S&P U.S. Value | 0.21% | 18,924 | $1.8M | Reduce -15.3% |
| VHT Vanguard Health Care ETF | 0.20% | 6,834 | $1.7M | Add +9.8% |
| IYH iShares U.S. Healthcare ETF | 0.20% | 29,864 | $1.7M | Add +4.3% |
| NOC Northrop Grumman Corp. | 0.20% | 3,360 | $1.7M | Add +0.4% |
| AVGO Broadcom Inc. | 0.20% | 5,970 | $1.6M | Add +194.1% |
| XAWPX Abrdn Global Premier Propert | 0.20% | 415,025 | $1.6M | Reduce -2.5% |
| ABT Abbott Laboratories | 0.20% | 12,043 | $1.6M | Add +26.7% |
| AMGN Amgen Inc. | 0.19% | 5,804 | $1.6M | Add +0.8% |
| HQH Abrdn Healthcare Investors | 0.19% | 103,662 | $1.6M | Add +5.0% |
| USMV iShares MSCI USA Min Vol Fac | 0.19% | 17,065 | $1.6M | Reduce -1.0% |
| XLF SS Financial Select Sector | 0.19% | 30,191 | $1.6M | Add +21.3% |
| SGOV iShares 0-3 Month Treasury B | 0.18% | 15,303 | $1.5M | Add +282.2% |
| LLY Eli Lilly & Co. | 0.18% | 1,974 | $1.5M | Add +103.1% |
| JNJ Johnson & Johnson | 0.18% | 9,850 | $1.5M | Add +69.6% |
| SPGP Invesco S&P 500 Garp ETF | 0.18% | 13,647 | $1.5M | New |
| VYM Vanguard High DVD Yield ETF | 0.17% | 10,939 | $1.5M | Add +252.9% |
| CBRE GBL REAL ESTATE INC FD | 0.17% | 273,500 | $1.4M | Reduce -0.9% |
| OBDC Blue Owl Capital Corp. | 0.17% | 99,877 | $1.4M | Add +101.1% |
Options reported separately and not counted above: BABA calls ($50K), OXY calls ($17K), CVX calls ($11K), PEP calls ($2K), GOOGL calls ($2K).
Other holdings (2): bonds, preferreds, convertibles and warrants · $233K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 184 | $223K | New |
| SLDPW Decarbonization Plus -CW23 | *W EXP 12/08/202 | 30,600 | $10K | New |
Total filed on the 13F, all lines: $838.5M.
Portfolio Sells Q1 2025 → Q2 2025
| XLE SS Energy Select Sector | Reduce -89.1% | 0.05% | −0.54 |
| URA Global X Uranium ETF | Sold out | 0.00% | −0.51 |
| CNR Core Natural Resources Inc. | Reduce -85.9% | 0.05% | −0.37 |
| AMR Alpha Metallurgical Resource | Reduce -14.5% | 0.57% | −0.30 |
| SAP Sap SE-Sponsored ADR | Sold out | 0.00% | −0.29 |
| GE General Electric | Reduce -75.0% | 0.10% | −0.28 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -28.6% | 0.48% | −0.27 |
| ARKW ARK Next Generation Technolo | Reduce -88.8% | 0.04% | −0.22 |
| GM General Motors Co. | Reduce -9.0% | 0.88% | −0.21 |
| MMM 3M Co. | Reduce -87.0% | 0.03% | −0.20 |
| C Citigroup Inc. | Reduce -14.3% | 1.29% | −0.19 |
| GLD SPDR Gold Shares | Reduce -15.2% | 0.50% | −0.16 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -35.8% | 0.27% | −0.15 |
| BAC Bank of America Corp. | Reduce -5.4% | 1.39% | −0.14 |
| QYLD Global X Nasd 100 Cov Call | Reduce -4.3% | 0.53% | −0.12 |
| HFRO Highland Opport & Income | Reduce -73.1% | 0.03% | −0.12 |
| ITOT iShares Core S&P Total U.S. | Reduce -0.1% | 1.76% | −0.11 |
| BMEZ BlackRock HLTH Sci TRM TR II | Sold out | 0.00% | −0.11 |
| FLDR Fidelity Low Durat Fact ETF | Reduce -3.1% | 0.49% | −0.11 |
| B Barrick Mining Corp. | Reduce -77.7% | 0.03% | −0.10 |
| CGMS Cap Group US Multi-Sect Bond | Reduce -1.0% | 0.58% | −0.10 |
| CGSD Cap Group Short Duration | Reduce -0.7% | 0.56% | −0.10 |
| XOM Exxon Mobil Corp. | Reduce -21.5% | 0.15% | −0.10 |
| SLV iShares Silver Trust | Reduce -5.3% | 0.45% | −0.08 |
| IUSV iShares Core S&P U.S. Value | Reduce -15.3% | 0.21% | −0.08 |
| JMUB JPMorgan Municipal ETF | Reduce -25.6% | 0.10% | −0.06 |
| RYLD Global X Russell 2000 Cov Class | Reduce -9.8% | 0.16% | −0.05 |
| TIP iShares Tips Bond ETF | Sold out | 0.00% | −0.04 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.04 |
| TGT Target Corp. | Sold out | 0.00% | −0.04 |
| PFLD Aam Low Dur Pref & Inc. Sec | Sold out | 0.00% | −0.04 |
| KWEB Kranesh Csi China Internet | Sold out | 0.00% | −0.04 |
| XAWPX Abrdn Global Premier Propert | Reduce -2.5% | 0.20% | −0.04 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -1.0% | 0.19% | −0.04 |
| FFEB FT Vest US Equity Buffer ETF | Sold out | 0.00% | −0.04 |
| DJIA Global X Dow 30 Cov Call ETF | Reduce -1.9% | 0.16% | −0.04 |
| XSORX Source Capital Inc. | Reduce -16.2% | 0.10% | −0.03 |
| HD Home Depot Inc. | Reduce -2.6% | 0.16% | −0.03 |
| QDEC FT Vest Nasdaq-100 Buffer Et | Sold out | 0.00% | −0.03 |
| EFA iShares MSCI Eafe ETF | Reduce -5.2% | 0.24% | −0.03 |
| KHC The Kraft Heinz Co. | Sold out | 0.00% | −0.03 |
| FAX Abrdn Asia-Pacific Income | Reduce -2.1% | 0.16% | −0.03 |
| OEF iShares S&P 100 ETF | Reduce -5.0% | 0.30% | −0.03 |
| FDEC FT Vest U.S. Equity Buffer E | Sold out | 0.00% | −0.03 |
| COP Conocophillips | Sold out | 0.00% | −0.03 |
| QMAR FT Vest Nasdaq-100 Buffer Et | Sold out | 0.00% | −0.03 |
| FSEP FT Vest U.S. Equity Buffer E | Sold out | 0.00% | −0.03 |
| QSPT FT Vest Nasdaq-100 Buffer Et | Sold out | 0.00% | −0.03 |
| FOCT FT Vest U.S. Equity Buffer E | Sold out | 0.00% | −0.03 |
| XEVVX Eaton Vance Ltd. Durat Inc. | Reduce -7.5% | 0.12% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +87.6% | 1.57% | +0.89 |
| NJUN Innovator G-100 P B ETF - Ju | New | 0.62% | +0.62 |
| XLK SS Technology Select Sector | Add +7.3% | 4.38% | +0.46 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 0.44% | +0.44 |
| IWM iShares Russell 2000 ETF | Add +81.9% | 1.06% | +0.43 |
| HCC Warrior Met Coal Inc. | Add +821.7% | 0.42% | +0.37 |
| STIP iShares 0-5 Year Tips Bond E | New | 0.36% | +0.36 |
| PIZ Invesco Dorsey Wright Develo | New | 0.33% | +0.33 |
| IBKR Interactive Brokers Gro Class A | New | 0.30% | +0.30 |
| VZ Verizon Communications Inc. | Add +468.4% | 0.34% | +0.26 |
| MSFT Microsoft Corp. | Add +14.3% | 1.17% | +0.26 |
| PLTR Palantir Technologies Inc. Class A | Add +556.6% | 0.27% | +0.24 |
| FXE Invesco Currencyshares Euro | New | 0.22% | +0.22 |
| AXP American Express Co. | Add +13.6% | 1.59% | +0.20 |
| CVX Chevron Corp. | Add +159.6% | 0.42% | +0.20 |
| SPGP Invesco S&P 500 Garp ETF | New | 0.18% | +0.18 |
| QQQ Invesco QQQ Trust Series 1 | Add +17.0% | 1.08% | +0.16 |
| AVGO Broadcom Inc. | Add +194.1% | 0.20% | +0.15 |
| META Meta Platforms Inc. Class A | Add +30.9% | 0.48% | +0.14 |
| SCHD Schwab US DVD Equity ETF | Add +55.4% | 0.66% | +0.13 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +60.7% | 0.46% | +0.13 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.13% | +0.13 |
| SGOV iShares 0-3 Month Treasury B | Add +282.2% | 0.18% | +0.13 |
| VGT Vanguard Info Tech ETF | Add +8.4% | 1.14% | +0.13 |
| GRAL Grail Inc. | New | 0.13% | +0.13 |
| LIN Linde PLC | New | 0.12% | +0.12 |
| VYM Vanguard High DVD Yield ETF | Add +252.9% | 0.17% | +0.12 |
| AMZN Amazon.com Inc. | Add +8.2% | 2.08% | +0.12 |
| CGGR Cap Group Growth Equity | Add +24.2% | 0.58% | +0.12 |
| CGMM Cap Group Small and Mid Cap | New | 0.11% | +0.11 |
| VTI VG Morningstar TS MKT ETF-US | Add +17.7% | 1.12% | +0.11 |
| IWB iShares Russell 1000 ETF | New | 0.10% | +0.10 |
| CAT Caterpillar Inc. | New | 0.09% | +0.09 |
| MA Mastercard Inc. Class A | Add +147.5% | 0.17% | +0.09 |
| BUFR FT Vest Lad Buffervetf-Usd I | Add +36.8% | 0.43% | +0.08 |
| DIS The Walt Disney Co. | Add +2.4% | 0.98% | +0.08 |
| CMF iShares California Muni Bond | New | 0.08% | +0.08 |
| ICSH iShares Ultra Short Duration | Add +183.5% | 0.13% | +0.08 |
| JPM JPMorgan Chase & Co. | Add +13.6% | 0.62% | +0.08 |
| AIQ Global X Art Intel & Tech | Add +104.4% | 0.14% | +0.08 |
| NEE Nextera Energy Inc. | Add +74.6% | 0.24% | +0.07 |
| AZN Astrazeneca PLC-Spons ADR | New | 0.07% | +0.07 |
| LLY Eli Lilly & Co. | Add +103.1% | 0.18% | +0.07 |
| FEP First Trust Europe | Add +73.9% | 0.17% | +0.07 |
| NFLX Netflix Inc. | Add +5.2% | 0.32% | +0.07 |
| OBDC Blue Owl Capital Corp. | Add +101.1% | 0.17% | +0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.06% | +0.06 |
| NTSX Wisdomtree US Efficient Core | New | 0.06% | +0.06 |
| DGRW Wisdomtree U.S. Quality Divi | New | 0.06% | +0.06 |
| MRK Merck & Co. Inc. | Add +108.7% | 0.16% | +0.06 |
Options Activity Q1 2025 → Q2 2025
| BABA Alibaba Group Holding-SP ADR | call | Reduce -98.9% | 17 | $50K |
| OXY Occidental Petroleum Corp. | call | Reduce -98.9% | 35 | $17K |
| DIS The Walt Disney Co. | call | Sold out | 700 | $13Kbefore exit |
| CVX Chevron Corp. | call | Reduce -98.6% | 7 | $11K |
| AMZN Amazon.com Inc. | call | Sold out | 100 | $9Kbefore exit |
| KWEB Kranesh Csi China Internet | call | Sold out | 800 | $7Kbefore exit |
| PEP Pepsico Inc. | call | New | 6 | $2K |
| GOOGL Alphabet Inc. Class A | call | Reduce -94.0% | 6 | $2K |
| V Visa Inc. Class A | call | Sold out | 100 | $763before exit |
| UPS United Parcel Service Class B | call | Sold out | 300 | $177before exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | New | 184 | $223K |
| SLDPW Decarbonization Plus -CW23 | *W EXP 12/08/202 | New | 30,600 | $10K |
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 |