TLWM
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 16, 2024), TLWM reported 72 stock positions worth $450.7 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 19.7% of the portfolio, followed by iShares Russell 3000 ETF (IWV, 19.1%) and iShares MSCI Acwi Ex US ETF (ACWX, 9.5%). Compared with Q4 2023, it opened 6 new positions, sold out of 3, added to 22 and reduced 41. The biggest buy was a new position in Astrazeneca PLC-Spons ADR (AZN) and the biggest sale iShares MSCI Acwi Ex US ETF (ACWX, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- SAN ANTONIO, TX
- CIK
- 0001732537
- Portfolio Value
- $450.7M (Q1 2024)
- SEC Filing
- 0001085146-24-001814 ↗ filed Apr 16, 2024
Holdings Value
Holdings 72 stocks · $450.7M
| SPY SS SPDR S&P 500 ETF Trust-US | 19.67% | 169,496 | $88.7M | Reduce -3.5% |
| IWV iShares Russell 3000 ETF | 19.15% | 287,606 | $86.3M | Reduce -3.4% |
| ACWX iShares MSCI Acwi Ex US ETF | 9.50% | 802,239 | $42.8M | Reduce -1.3% |
| VTI VG Morningstar TS MKT ETF-US | 7.82% | 135,686 | $35.3M | Reduce -0.7% |
| BSCQ Invesco Bulletshares 2026 CB | 5.72% | 1,340,974 | $25.8M | Add +7.6% |
| BSCS Invesco Bulletshares 2028 CB | 5.15% | 1,156,406 | $23.2M | Add +7.2% |
| BSCU Invesco Bulletshares 2030 CB | 5.00% | 1,373,567 | $22.5M | Add +8.2% |
| BSCP Invesco Bulletshares 2025 CB | 4.29% | 946,003 | $19.3M | Add +10.1% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 4.11% | 347,221 | $18.5M | Reduce -0.1% |
| BSCR Invesco Bulletshares 2027 CB | 3.97% | 927,956 | $17.9M | Add +9.8% |
| IBDQ iShares Ibonds Dec 2025 Term | 1.46% | 265,041 | $6.6M | Reduce -0.5% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.97% | 183,268 | $4.4M | Reduce -1.4% |
| AAPL Apple Inc. | 0.60% | 15,708 | $2.7M | Add +15.3% |
| AMZN Amazon.com Inc. | 0.49% | 12,257 | $2.2M | Reduce -20.0% |
| MSFT Microsoft Corp. | 0.44% | 4,741 | $2.0M | Reduce -1.8% |
| META Meta Platforms Inc. Class A | 0.44% | 4,038 | $2.0M | Reduce -25.6% |
| BSCO Invesco Bulletshares 2024 CB | 0.41% | 88,848 | $1.9M | Add +8.6% |
| GOOGL Alphabet Inc. Class A | 0.39% | 11,622 | $1.8M | Add +0.2% |
| TSLA Tesla Inc. | 0.37% | 9,585 | $1.7M | Reduce -0.7% |
| JPM JPMorgan Chase & Co. | 0.36% | 8,103 | $1.6M | Reduce -2.4% |
| WMT Walmart Inc. | 0.33% | 25,016 | $1.5M | Reduce -1.8% |
| CRM Salesforce Inc. | 0.33% | 4,934 | $1.5M | Reduce -27.6% |
| V Visa Inc. Class A | 0.32% | 5,203 | $1.5M | Reduce -1.3% |
| CVX Chevron Corp. | 0.32% | 9,040 | $1.4M | Reduce -1.7% |
| RSG Republic Services Inc. | 0.31% | 7,217 | $1.4M | Reduce -1.9% |
| MRK Merck & Co. Inc. | 0.30% | 10,417 | $1.4M | Reduce -2.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.30% | 35,336 | $1.3M | Reduce -2.2% |
| UNH Unitedhealth Group Inc. | 0.29% | 2,657 | $1.3M | Reduce -1.4% |
| BSCW Invesco Bulletshares 2032 CB | 0.29% | 63,737 | $1.3M | Add +25.5% |
| MS Morgan Stanley | 0.28% | 13,220 | $1.2M | Reduce -1.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.27% | 9,808 | $1.2M | Reduce -1.9% |
| SCHW Schwab (charles) Corp. | 0.26% | 16,351 | $1.2M | Reduce -1.7% |
| HON Honeywell International Inc. | 0.26% | 5,604 | $1.2M | Reduce -1.6% |
| BSCV Invesco Bulletshares 2031 CB | 0.25% | 70,556 | $1.1M | Add +22.6% |
| AZN Astrazeneca PLC-Spons ADR | 0.24% | 16,103 | $1.1M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 2,475 | $1.0M | Add +9.1% |
| NXPI NXP Semiconductors NV | 0.22% | 3,929 | $973K | Reduce -2.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.22% | 15,768 | $970K | Reduce -6.7% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.21% | 15,036 | $965K | Reduce -6.9% |
| CRS Carpenter Technology | 0.21% | 13,223 | $944K | Reduce -1.9% |
| BSX Boston Scientific Corp. | 0.21% | 13,538 | $927K | New |
| NICE Nice Ltd. - Spon ADR | 0.21% | 3,550 | $925K | Reduce -1.8% |
| J Jacobs Solutions Inc. | 0.20% | 5,972 | $918K | Reduce -1.8% |
| PXD Pioneer Natural Resources Co. | 0.20% | 3,483 | $914K | Reduce -2.6% |
| EMN Eastman Chemical Co. | 0.20% | 8,855 | $887K | Reduce -1.8% |
| STZ Constellation Brands Inc. Class A | 0.19% | 3,191 | $867K | Reduce -2.6% |
| IBDR iShares Ibonds Dec 2026 Term | 0.19% | 35,687 | $851K | Reduce -0.9% |
| ZS Zscaler Inc. | 0.19% | 4,412 | $850K | Add +62.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.18% | 8,840 | $812K | Reduce -19.8% |
| MCD McDonald's Corp. | 0.18% | 2,833 | $799K | Reduce -2.0% |
| NVDA Nvidia Corp. | 0.16% | 793 | $717K | Reduce -17.6% |
| GM General Motors Co. | 0.15% | 15,146 | $687K | Reduce -2.1% |
| VOO Vanguard S&P 500 ETF | 0.15% | 1,369 | $658K | Add +34.9% |
| COP Conocophillips | 0.14% | 5,070 | $645K | Add +1.0% |
| SCHB Schwab US Broad Market ETF | 0.14% | 10,174 | $621K | Reduce -7.0% |
| MRVL Marvell Technology Inc. | 0.13% | 8,462 | $600K | New |
| QQQ Invesco QQQ Trust Series 1 | 0.13% | 1,319 | $586K | Add +3.9% |
| BSMQ Invesco Bulletshares 2026 MB | 0.13% | 23,934 | $564K | Add +3.1% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.12% | 15,584 | $559K | Reduce -6.8% |
| BSMP Invesco Bulletshares 2025 MB | 0.12% | 22,769 | $554K | Add +3.7% |
| BSMU Invesco Bulletshares 2030 MB | 0.12% | 24,222 | $536K | Add +4.8% |
| BSMR Invesco Bulletshares 2027 MB | 0.11% | 21,840 | $517K | Add +3.9% |
| BSCT Invesco Bulletshares 2029 CB | 0.11% | 27,154 | $497K | Add +58.3% |
| VONE Vanguard Russell 1000 | 0.10% | 1,920 | $458K | No change |
| KO The Coca-Cola Co. | 0.09% | 6,687 | $409K | Reduce -1.5% |
| SPLV Invesco S&P 500 Low Volatili | 0.09% | 6,013 | $396K | No change |
| BSMO Invesco Bulletshares 2024 MB | 0.06% | 11,362 | $282K | Add +3.6% |
| NTRA Natera Inc. | 0.06% | 2,890 | $264K | New |
| BSMT Invesco Bulletshares 2029 MB | 0.06% | 11,349 | $264K | Add +5.8% |
| GOOG Alphabet Inc. Class C | 0.05% | 1,535 | $234K | No change |
| IHF iShares U.S. Healthcare Prov | 0.05% | 3,780 | $206K | New |
| QYLD Global X Nasd 100 Cov Call | 0.04% | 11,058 | $198K | New |
Portfolio Sells Q4 2023 → Q1 2024
| ACWX iShares MSCI Acwi Ex US ETF | Reduce -1.3% | 9.50% | −0.30 |
| ICLR Icon PLC | Sold out | 0.00% | −0.29 |
| TSLA Tesla Inc. | Reduce -0.7% | 0.37% | −0.19 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.17 |
| IWV iShares Russell 3000 ETF | Reduce -3.4% | 19.15% | −0.12 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -0.5% | 1.46% | −0.10 |
| CRM Salesforce Inc. | Reduce -27.6% | 0.33% | −0.09 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Reduce -1.4% | 0.97% | −0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.5% | 19.67% | −0.07 |
| AMZN Amazon.com Inc. | Reduce -20.0% | 0.49% | −0.06 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -19.8% | 0.18% | −0.06 |
| UNH Unitedhealth Group Inc. | Reduce -1.4% | 0.29% | −0.04 |
| HON Honeywell International Inc. | Reduce -1.6% | 0.26% | −0.03 |
| MCD McDonald's Corp. | Reduce -2.0% | 0.18% | −0.03 |
| MS Morgan Stanley | Reduce -1.9% | 0.28% | −0.02 |
| META Meta Platforms Inc. Class A | Reduce -25.6% | 0.44% | −0.02 |
| CRS Carpenter Technology | Reduce -1.9% | 0.21% | −0.02 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -0.9% | 0.19% | −0.01 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -6.8% | 0.12% | −0.01 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -6.9% | 0.21% | −0.01 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -6.7% | 0.22% | −0.01 |
| SCHW Schwab (charles) Corp. | Reduce -1.7% | 0.26% | −0.01 |
| CVX Chevron Corp. | Reduce -1.7% | 0.32% | −0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -7.0% | 0.14% | −0.01 |
| KO The Coca-Cola Co. | Reduce -1.5% | 0.09% | −0.00 |
| NXPI NXP Semiconductors NV | Reduce -2.5% | 0.22% | −0.00 |
| V Visa Inc. Class A | Reduce -1.3% | 0.32% | −0.00 |
| META MATERIALS INC | Sold out | 0.00% | −0.00 |
| STZ Constellation Brands Inc. Class A | Reduce -2.6% | 0.19% | +0.01 |
| EMN Eastman Chemical Co. | Reduce -1.8% | 0.20% | +0.01 |
| BAC Bank of America Corp. | Reduce -2.2% | 0.30% | +0.01 |
| PXD Pioneer Natural Resources Co. | Reduce -2.6% | 0.20% | +0.01 |
| MSFT Microsoft Corp. | Reduce -1.8% | 0.44% | +0.01 |
| J Jacobs Solutions Inc. | Reduce -1.8% | 0.20% | +0.02 |
| WMT Walmart Inc. | Reduce -1.8% | 0.33% | +0.02 |
| RSG Republic Services Inc. | Reduce -1.9% | 0.31% | +0.02 |
| GM General Motors Co. | Reduce -2.1% | 0.15% | +0.02 |
| JPM JPMorgan Chase & Co. | Reduce -2.4% | 0.36% | +0.03 |
| MRK Merck & Co. Inc. | Reduce -2.9% | 0.30% | +0.03 |
| NICE Nice Ltd. - Spon ADR | Reduce -1.8% | 0.21% | +0.03 |
| NVDA Nvidia Corp. | Reduce -17.6% | 0.16% | +0.05 |
| DIS The Walt Disney Co. | Reduce -1.9% | 0.27% | +0.05 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -0.1% | 4.11% | +0.11 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.7% | 7.82% | +0.17 |
Portfolio Buys Q4 2023 → Q1 2024
| AZN Astrazeneca PLC-Spons ADR | New | 0.24% | +0.24 |
| BSX Boston Scientific Corp. | New | 0.21% | +0.21 |
| BSCP Invesco Bulletshares 2025 CB | Add +10.1% | 4.29% | +0.14 |
| MRVL Marvell Technology Inc. | New | 0.13% | +0.13 |
| BSCR Invesco Bulletshares 2027 CB | Add +9.8% | 3.97% | +0.09 |
| NTRA Natera Inc. | New | 0.06% | +0.06 |
| ZS Zscaler Inc. | Add +62.8% | 0.19% | +0.05 |
| IHF iShares U.S. Healthcare Prov | New | 0.05% | +0.05 |
| QYLD Global X Nasd 100 Cov Call | New | 0.04% | +0.04 |
| VOO Vanguard S&P 500 ETF | Add +34.9% | 0.15% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +9.1% | 0.23% | +0.04 |
| BSCW Invesco Bulletshares 2032 CB | Add +25.5% | 0.29% | +0.04 |
| BSCT Invesco Bulletshares 2029 CB | Add +58.3% | 0.11% | +0.04 |
| BSCQ Invesco Bulletshares 2026 CB | Add +7.6% | 5.72% | +0.03 |
| BSCV Invesco Bulletshares 2031 CB | Add +22.6% | 0.25% | +0.03 |
| BSCO Invesco Bulletshares 2024 CB | Add +8.6% | 0.41% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +3.9% | 0.13% | +0.01 |
| BSCU Invesco Bulletshares 2030 CB | Add +8.2% | 5.00% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +0.2% | 0.39% | +0.01 |
| COP Conocophillips | Add +1.0% | 0.14% | +0.01 |
| BSMT Invesco Bulletshares 2029 MB | Add +5.8% | 0.06% | −0.00 |
| BSMO Invesco Bulletshares 2024 MB | Add +3.6% | 0.06% | −0.00 |
| BSMU Invesco Bulletshares 2030 MB | Add +4.8% | 0.12% | −0.00 |
| BSMR Invesco Bulletshares 2027 MB | Add +3.9% | 0.11% | −0.00 |
| BSMP Invesco Bulletshares 2025 MB | Add +3.7% | 0.12% | −0.00 |
| BSMQ Invesco Bulletshares 2026 MB | Add +3.1% | 0.13% | −0.01 |
| AAPL Apple Inc. | Add +15.3% | 0.60% | −0.02 |
| BSCS Invesco Bulletshares 2028 CB | Add +7.2% | 5.15% | −0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 73 | $614.9M | SPY, IWV, ACWX, SPYG, BSCQ |
| Q1 2026 | 69 | $555.2M | SPY, IWV, ACWX, SPYG, BSCQ |
| Q4 2025 | 72 | $546.3M | SPY, IWV, ACWX, BSCS, BSCQ |
| Q3 2025 | 74 | $556.4M | SPY, IWV, ACWX, SGOV, BSCQ |
| Q2 2025 | 70 | $526.4M | SPY, IWV, ACWX, SGOV, BSCQ |
| Q1 2025 | 74 | $500.2M | SPY, IWV, ACWX, BSCQ, BSCS |
| Q4 2024 | 73 | $508.3M | SPY, IWV, ACWX, BSCQ, BSCS |
| Q3 2024 | 73 | $493.1M | SPY, IWV, ACWX, VTI, BSCQ |
| Q2 2024 | 69 | $453.0M | SPY, IWV, ACWX, VTI, BSCQ |
| Q1 2024 | 72 | $450.7M | SPY, IWV, ACWX, VTI, BSCQ |