Nwi Management LP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Nwi Management LP reported 45 stock positions worth $729.8 million. Its top holding was Microsoft (MSFT) at 22.2% of the portfolio, followed by iShares Silver Trust (SLV, 16.6%) and Nvidia (NVDA, 7.4%). Compared with Q4 2023, it opened 5 new positions, sold out of 3, added to 6 and reduced 11. The biggest buy was iShares Silver Trust (SLV, shares +10527%) and the biggest sale Nvidia (NVDA, shares −70%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001103887
- Portfolio Value
- $729.8M (Q1 2024)
- SEC Filing
- 0001103887-24-000003 ↗ filed May 15, 2024
Holdings Value
Holdings 45 stocks · $729.8M
| MSFT Microsoft Corp. | 22.19% | 385,000 | $162.0M | Add +196.2% |
| SLV iShares Silver Trust | 16.56% | 5,313,305 | $120.9M | Add +10526.6% |
| NVDA Nvidia Corp. | 7.37% | 59,500 | $53.8M | Reduce -70.2% |
| DELL Dell Technologies -C | 4.22% | 270,000 | $30.8M | New |
| META Meta Platforms Inc. Class A | 3.83% | 57,500 | $27.9M | Reduce -14.8% |
| ADBE Adobe Inc. | 3.63% | 52,500 | $26.5M | Add +2000.0% |
| IFS Intercorp Financial Services | 3.39% | 1,022,210 | $24.8M | No change |
| COHR Coherent Corp. | 2.99% | 360,000 | $21.8M | New |
| GOOG Alphabet Inc. Class C | 2.80% | 134,000 | $20.4M | Reduce -38.0% |
| CPNG Coupang Inc. | 2.44% | 1,000,000 | $17.8M | Add +100.0% |
| PANW Palo Alto Networks Inc. | 2.43% | 62,500 | $17.8M | No change |
| MU Micron Technology Inc. | 2.42% | 150,000 | $17.7M | No change |
| AAPL Apple Inc. | 2.28% | 97,000 | $16.6M | New |
| AMD Advanced Micro Devices | 2.23% | 90,000 | $16.2M | Reduce -19.1% |
| T AT&T Inc. | 2.17% | 900,000 | $15.8M | Add +80.0% |
| TMUS T-Mobile US Inc. | 1.84% | 82,250 | $13.4M | Reduce -19.6% |
| WDAY Workday Inc. Class A | 1.83% | 49,000 | $13.4M | No change |
| JPM JPMorgan Chase & Co. | 1.65% | 60,000 | $12.0M | No change |
| UAL United Airlines Holdings Inc. | 1.54% | 235,000 | $11.3M | Reduce -37.3% |
| AR Antero Resources Corp. | 1.19% | 300,000 | $8.7M | No change |
| WMT Walmart Inc. | 0.99% | 120,000 | $7.2M | No change |
| TSLA Tesla Inc. | 0.92% | 38,000 | $6.7M | No change |
| MLCO Melco Resorts & Entert-ADR | 0.90% | 915,000 | $6.6M | Add +13.7% |
| MGM MGM Resorts International | 0.87% | 135,000 | $6.4M | No change |
| ALK Alaska Air Group Inc. | 0.85% | 145,000 | $6.2M | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.66% | 15,000 | $4.8M | New |
| AMZN Amazon.com Inc. | 0.62% | 25,000 | $4.5M | No change |
| XLV SS Health Care Select Sector | 0.51% | 25,000 | $3.7M | No change |
| ST Sensata Technologies Holdplc | 0.50% | 100,000 | $3.7M | No change |
| AZN Astrazeneca PLC-Spons ADR | 0.46% | 50,000 | $3.4M | No change |
| BABA Alibaba Group Holding-SP ADR | 0.45% | 45,000 | $3.3M | No change |
| CNK Cinemark Holdings Inc. | 0.40% | 161,000 | $2.9M | Reduce -34.3% |
| PINS Pinterest Inc. Class A | 0.33% | 70,000 | $2.4M | No change |
| DAL Delta Air Lines Inc. | 0.33% | 50,000 | $2.4M | Reduce -16.7% |
| VZ Verizon Communications Inc. | 0.29% | 50,000 | $2.1M | Reduce -66.7% |
| XLE SS Energy Select Sector | 0.28% | 22,000 | $2.1M | No change |
| TDS Telephone and Data Systems | 0.27% | 121,000 | $1.9M | Reduce -17.1% |
| DV Doubleverify Holdings Inc. | 0.24% | 50,000 | $1.8M | New |
| NET Cloudflare Inc. Class A | 0.24% | 18,000 | $1.7M | Reduce -82.0% |
| XLF SS Financial Select Sector | 0.18% | 31,000 | $1.3M | No change |
| IBB iShares Biotechnology ETF | 0.15% | 8,000 | $1.1M | No change |
| IWM iShares Russell 2000 ETF | 0.14% | 5,000 | $1.1M | No change |
| INDA iShares MSCI India ETF | 0.14% | 20,000 | $1.0M | No change |
| GLD SPDR Gold Shares | 0.14% | 5,000 | $1.0M | No change |
| OXY Occidental Petroleum Corp. | 0.13% | 15,000 | $975K | No change |
Options reported separately and not counted above: INVESCO QQQ TR puts ($1.8B), ISHARES TR calls ($420.6M), ISHARES SILVER TR calls ($271.1M), CHEVRON CORPORATION calls ($78.9M).
Portfolio Sells Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Reduce -70.2% | 7.37% | −12.67 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −10.64 |
| GOOG Alphabet Inc. Class C | Reduce -38.0% | 2.80% | −3.38 |
| UAL United Airlines Holdings Inc. | Reduce -37.3% | 1.54% | −1.60 |
| TMUS T-Mobile US Inc. | Reduce -19.6% | 1.84% | −1.49 |
| NET Cloudflare Inc. Class A | Reduce -82.0% | 0.24% | −1.45 |
| AMD Advanced Micro Devices | Reduce -19.1% | 2.23% | −1.10 |
| META Meta Platforms Inc. Class A | Reduce -14.8% | 3.83% | −1.02 |
| VZ Verizon Communications Inc. | Reduce -66.7% | 0.29% | −0.86 |
| CNK Cinemark Holdings Inc. | Reduce -34.3% | 0.40% | −0.30 |
| TDS Telephone and Data Systems | Reduce -17.1% | 0.27% | −0.28 |
| DAL Delta Air Lines Inc. | Reduce -16.7% | 0.33% | −0.16 |
| AMAM New Ambrx Biopharma Inc. | Sold out | 0.00% | −0.15 |
| SMH Vaneck Semiconductor ETF | Sold out | 0.00% | −0.14 |
Portfolio Buys Q4 2023 → Q1 2024
| SLV iShares Silver Trust | Add +10526.6% | 16.56% | +16.34 |
| MSFT Microsoft Corp. | Add +196.2% | 22.19% | +12.28 |
| DELL Dell Technologies -C | New | 4.22% | +4.22 |
| ADBE Adobe Inc. | Add +2000.0% | 3.63% | +3.33 |
| COHR Coherent Corp. | New | 2.99% | +2.99 |
| AAPL Apple Inc. | New | 2.28% | +2.28 |
| CPNG Coupang Inc. | Add +100.0% | 2.44% | +0.80 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.66% | +0.66 |
| T AT&T Inc. | Add +80.0% | 2.17% | +0.47 |
| DV Doubleverify Holdings Inc. | New | 0.24% | +0.24 |
| MLCO Melco Resorts & Entert-ADR | Add +13.7% | 0.90% | −0.54 |
Options Activity Q4 2023 → Q1 2024
| STATE STR SPDR S&P 500 ETF T | call | Sold out | 3,944,400 | $1.9Bbefore exit |
| INVESCO QQQ TR | put | Add +700.0% | 4,000,000 | $1.8B |
| STATE STR SPDR S&P 500 ETF T | put | Sold out | 2,000,000 | $950.6Mbefore exit |
| ISHARES TR | call | New | 2,000,000 | $420.6M |
| MICROSOFT CORP | call | Sold out | 900,000 | $338.4Mbefore exit |
| ISHARES SILVER TR | call | New | 11,916,300 | $271.1M |
| ALPHABET INC | call | Sold out | 500,000 | $70.5Mbefore exit |
| APPLE INC | put | Sold out | 203,000 | $39.1Mbefore exit |
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 | 49 | $1.6B | NTRA, MU, META, AAPL, INSM |
| Q1 2026Amended | 49 | $1.6B | QQQ, INSM, NTRA, NU, MSFT |
| Q4 2025Amended | 48 | $1.6B | QQQ, NTRA, INSM, MELI, MSFT |
| Q3 2025Amended | 52 | $1.0B | INSM, NTRA, MELI, IBIT, NU |
| Q2 2025Amended | 45 | $1.1B | NTRA, MELI, SMH, INSM, YPF |
| Q1 2025 | 42 | $750.3M | NTRA, MELI, META, YPF, GOOG |
| Q4 2024 | 46 | $1.3B | QQQ, NTRA, IBIT, YPF, COHR |
| Q3 2024 | 39 | $838.7M | RSP, MSFT, XLE, COHR, NTRA |
| Q2 2024 | 37 | $779.0M | MSFT, GDX, AAPL, COHR, AMZN |
| Q1 2024 | 45 | $729.8M | MSFT, SLV, NVDA, DELL, META |