Nwi Management LP

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Nwi Management LP reported 37 stock positions worth $779.0 million. Its top holding was Microsoft (MSFT) at 20.9% of the portfolio, followed by Vaneck Gold Miners ETF (GDX, 20.5%) and Apple (AAPL, 14.5%). Compared with Q1 2024, it opened 4 new positions, sold out of 12, added to 4 and reduced 8. The biggest buy was a new position in Vaneck Gold Miners ETF (GDX) and the biggest sale iShares Silver Trust (SLV, shares −99%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001103887
Portfolio Value
$779.0M (Q2 2024)
SEC Filing
0001103887-24-000004 ↗ filed Aug 14, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $729.8M Q1 2024 Q2 2024: $779.0M $779.0M Q2 2024 Q3 2024: $838.7M Q3 2024 Q4 2024: $1.3B Q4 2024 Q1 2025: $750.3M Q1 2025 Q2 2025: $1.1B Q2 2025 Q3 2025: $1.0B Q3 2025 Q4 2025: $1.6B Q4 2025 Q1 2026: $1.6B Q1 2026 Q2 2026: $1.6B Q2 2026

Holdings 37 stocks · $779.0M
MSFT Microsoft Corp. 20.94% 365,000 $163.1M Reduce -5.2%
GDX Vaneck Gold Miners ETF 20.47% 4,700,000 $159.5M New
AAPL Apple Inc. 14.49% 536,000 $112.9M Add +452.6%
COHR Coherent Corp. 5.02% 540,000 $39.1M Add +50.0%
AMZN Amazon.com Inc. 4.47% 180,000 $34.8M Add +620.0%
ADBE Adobe Inc. 3.74% 52,500 $29.2M No change
IFS Intercorp Financial Services 2.95% 1,022,210 $22.9M No change
PANW Palo Alto Networks Inc. 2.72% 62,500 $21.2M No change
MU Micron Technology Inc. 2.53% 150,000 $19.7M No change
GOOG Alphabet Inc. Class C 2.45% 104,000 $19.1M Reduce -22.4%
META Meta Platforms Inc. Class A 2.43% 37,500 $18.9M Reduce -34.8%
ST Sensata Technologies Holdplc 2.16% 450,000 $16.8M Add +350.0%
AMD Advanced Micro Devices 1.87% 90,000 $14.6M No change
DELL Dell Technologies -C 1.59% 90,000 $12.4M Reduce -66.7%
JPM JPMorgan Chase & Co. 1.56% 60,000 $12.1M No change
WDAY Workday Inc. Class A 1.41% 49,000 $11.0M No change
MO Altria Group Inc. 1.32% 225,000 $10.2M New
AR Antero Resources Corp. 1.26% 300,000 $9.8M No change
WMT Walmart Inc. 1.04% 120,000 $8.1M No change
NTRA Natera Inc. 1.00% 72,000 $7.8M New
CRWD CrowdStrike Holdings Inc. Class A 0.74% 15,000 $5.7M No change
AZN Astrazeneca PLC-Spons ADR 0.50% 50,000 $3.9M No change
XLV SS Health Care Select Sector 0.47% 25,000 $3.6M No change
BABA Alibaba Group Holding-SP ADR 0.42% 45,000 $3.2M No change
NVDA Nvidia Corp. 0.40% 25,000 $3.1M Reduce -95.8%
TMUS T-Mobile US Inc. 0.27% 12,000 $2.1M Reduce -85.4%
XLE SS Energy Select Sector 0.26% 22,000 $2.0M No change
TSLA Tesla Inc. 0.20% 8,000 $1.6M Reduce -79.0%
NET Cloudflare Inc. Class A 0.19% 18,000 $1.5M No change
SLV iShares Silver Trust 0.17% 50,000 $1.3M Reduce -99.1%
XLF SS Financial Select Sector 0.16% 31,000 $1.3M No change
INDA iShares MSCI India ETF 0.14% 20,000 $1.1M No change
IBB iShares Biotechnology ETF 0.14% 8,000 $1.1M No change
GLD SPDR Gold Shares 0.14% 5,000 $1.1M No change
SMH Vaneck Semiconductor ETF 0.13% 4,000 $1.0M New
IWM iShares Russell 2000 ETF 0.13% 5,000 $1.0M No change
OXY Occidental Petroleum Corp. 0.12% 15,000 $945K No change

Options reported separately and not counted above: INVESCO QQQ TR puts ($1.9B), MERCADOLIBRE INC calls ($50.5M).

Portfolio Sells Q1 2024 → Q2 2024
SLV iShares Silver Trust Reduce -99.1% 0.17% −16.39
NVDA Nvidia Corp. Reduce -95.8% 0.40% −6.97
DELL Dell Technologies -C Reduce -66.7% 1.59% −2.63
CPNG Coupang Inc. Sold out 0.00% −2.44
T AT&T Inc. Sold out 0.00% −2.17
TMUS T-Mobile US Inc. Reduce -85.4% 0.27% −1.57
UAL United Airlines Holdings Inc. Sold out 0.00% −1.54
META Meta Platforms Inc. Class A Reduce -34.8% 2.43% −1.40
MSFT Microsoft Corp. Reduce -5.2% 20.94% −1.25
MLCO Melco Resorts & Entert-ADR Sold out 0.00% −0.90
MGM MGM Resorts International Sold out 0.00% −0.87
ALK Alaska Air Group Inc. Sold out 0.00% −0.85
TSLA Tesla Inc. Reduce -79.0% 0.20% −0.71
CNK Cinemark Holdings Inc. Sold out 0.00% −0.40
GOOG Alphabet Inc. Class C Reduce -22.4% 2.45% −0.35
PINS Pinterest Inc. Class A Sold out 0.00% −0.33
DAL Delta Air Lines Inc. Sold out 0.00% −0.33
VZ Verizon Communications Inc. Sold out 0.00% −0.29
TDS Telephone and Data Systems Sold out 0.00% −0.27
DV Doubleverify Holdings Inc. Sold out 0.00% −0.24

Portfolio Buys Q1 2024 → Q2 2024
GDX Vaneck Gold Miners ETF New 20.47% +20.47
AAPL Apple Inc. Add +452.6% 14.49% +12.21
AMZN Amazon.com Inc. Add +620.0% 4.47% +3.85
COHR Coherent Corp. Add +50.0% 5.02% +2.03
ST Sensata Technologies Holdplc Add +350.0% 2.16% +1.66
MO Altria Group Inc. New 1.32% +1.32
NTRA Natera Inc. New 1.00% +1.00
SMH Vaneck Semiconductor ETF New 0.13% +0.13

Options Activity Q1 2024 → Q2 2024
ISHARES TR call Sold out 2,000,000 $420.6Mbefore exit
ISHARES SILVER TR call Sold out 11,916,300 $271.1Mbefore exit
CHEVRON CORPORATION call Sold out 500,000 $78.9Mbefore exit
MERCADOLIBRE INC call New 30,700 $50.5M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 49$1.6BNTRA, MU, META, AAPL, INSM
Q1 2026Amended 49$1.6BQQQ, INSM, NTRA, NU, MSFT
Q4 2025Amended 48$1.6BQQQ, NTRA, INSM, MELI, MSFT
Q3 2025Amended 52$1.0BINSM, NTRA, MELI, IBIT, NU
Q2 2025Amended 45$1.1BNTRA, MELI, SMH, INSM, YPF
Q1 2025 42$750.3MNTRA, MELI, META, YPF, GOOG
Q4 2024 46$1.3BQQQ, NTRA, IBIT, YPF, COHR
Q3 2024 39$838.7MRSP, MSFT, XLE, COHR, NTRA
Q2 2024 37$779.0MMSFT, GDX, AAPL, COHR, AMZN
Q1 2024 45$729.8MMSFT, SLV, NVDA, DELL, META