TLWM

Name: TLWM 13F holdings, Q4 2024
Creator: TLWM
Published: 2025-01-14

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 14, 2025), TLWM reported 73 stock positions worth $508.3 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 20.0% of the portfolio, followed by iShares Russell 3000 ETF (IWV, 19.4%) and iShares MSCI Acwi Ex US ETF (ACWX, 8.5%). Compared with Q3 2024, it opened 5 new positions, sold out of 5, added to 60 and reduced 2. The biggest buy was a new position in SS Technology Select Sector (XLK) and the biggest sale an exit from VG Morningstar TS MKT ETF-US (VTI).

Most Recent 13F: Q2 2026
Location: SAN ANTONIO, TX
CIK: 0001732537
Portfolio Value: $508.3M (Q4 2024)
SEC Filing: 0001085146-25-000159 ↗ filed Jan 14, 2025

Holdings Value

Holdings 73 stocks · $508.3M


SPY SS SPDR S&P 500 ETF Trust-US	19.98%	173,306	$101.6M	Add +0.9%
IWV iShares Russell 3000 ETF	19.36%	294,384	$98.4M	Add +0.6%
ACWX iShares MSCI Acwi Ex US ETF	8.45%	823,546	$43.0M	Add +1.0%
BSCQ Invesco Bulletshares 2026 CB	5.83%	1,524,799	$29.6M	Add +8.3%
BSCS Invesco Bulletshares 2028 CB	5.24%	1,322,575	$26.6M	Add +8.6%
BSCU Invesco Bulletshares 2030 CB	5.17%	1,605,134	$26.3M	Add +9.3%
BSCP Invesco Bulletshares 2025 CB	4.73%	1,164,089	$24.0M	Add +12.9%
BSCR Invesco Bulletshares 2027 CB	4.27%	1,114,647	$21.7M	Add +11.6%
SPMD SS SPDR P S&P 400 Midcap ETF	3.80%	353,627	$19.3M	Add +1.4%
XLK SS Technology Select Sector	3.65%	79,883	$18.6M	New
KBE SS SPDR S&P Bank ETF	3.52%	322,179	$17.9M	New
IBDQ iShares Ibonds Dec 2025 Term	1.27%	257,649	$6.5M	Add +0.3%
IBDS Ishrs Ibnds Dec 27 Corp. ETF	0.86%	183,048	$4.4M	Add +1.1%
TSLA Tesla Inc.	0.66%	8,306	$3.4M	Add +1.1%
AAPL Apple Inc.	0.64%	12,978	$3.2M	Add +2.5%
AMZN Amazon.com Inc.	0.54%	12,405	$2.7M	Add +2.4%
MSFT Microsoft Corp.	0.49%	5,889	$2.5M	Add +4.7%
META Meta Platforms Inc. Class A	0.48%	4,140	$2.4M	Add +1.9%
CRM Salesforce Inc.	0.44%	6,689	$2.2M	Add +4.2%
GOOGL Alphabet Inc. Class A	0.44%	11,781	$2.2M	Add +2.6%
JPM JPMorgan Chase & Co.	0.39%	8,290	$2.0M	Add +4.7%
WMT Walmart Inc.	0.36%	20,228	$1.8M	Reduce -18.8%
MS Morgan Stanley	0.34%	13,615	$1.7M	Add +4.5%
CRS Carpenter Technology	0.33%	9,987	$1.7M	Add +4.7%
V Visa Inc. Class A	0.33%	5,307	$1.7M	Add +2.8%
BSCX Invesco Bulletshares 2033 CB	0.31%	77,537	$1.6M	Add +296.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.31%	36,078	$1.6M	Add +3.8%
RSG Republic Services Inc.	0.30%	7,474	$1.5M	Add +4.7%
BSCW Invesco Bulletshares 2032 CB	0.30%	74,735	$1.5M	Add +17.3%
BIL SS SPDR BB 1-3M T-Bill ETF	0.28%	15,705	$1.4M	Add +20.6%
NVDA Nvidia Corp.	0.28%	10,443	$1.4M	Add +3.0%
UNH Unitedhealth Group Inc.	0.27%	2,708	$1.4M	Add +4.0%
CVX Chevron Corp.	0.27%	9,404	$1.4M	Add +4.2%
HON Honeywell International Inc.	0.26%	5,747	$1.3M	Add +2.9%
BSX Boston Scientific Corp.	0.25%	14,062	$1.3M	Add +3.9%
BRK.B Berkshire Hathaway Inc. Class B	0.24%	2,704	$1.2M	Add +9.7%
SCHW Schwab (charles) Corp.	0.24%	16,461	$1.2M	Add +4.4%
BSCV Invesco Bulletshares 2031 CB	0.23%	72,980	$1.2M	Add +3.4%
AZN Astrazeneca PLC-Spons ADR	0.21%	16,681	$1.1M	Add +4.5%
ADBE Adobe Inc.	0.21%	2,352	$1.0M	Add +8.5%
GD General Dynamics Corp.	0.21%	3,956	$1.0M	New
VOO Vanguard S&P 500 ETF	0.20%	1,932	$1.0M	Add +6.6%
XOM Exxon Mobil Corp.	0.20%	9,394	$1.0M	Add +2.5%
EVR Evercore Inc. Class A	0.19%	3,572	$990K	New
MRVL Marvell Technology Inc.	0.19%	8,960	$990K	Add +6.0%
SPYM Ste STR SPDR PT S&P 500 ETF	0.19%	14,295	$985K	Add +0.4%
SPTM SS SPDR P S&P 1500 Comp ETF	0.19%	13,601	$972K	Add +0.4%
IBDR iShares Ibonds Dec 2026 Term	0.18%	37,904	$912K	Add +8.9%
BSCY Invesco Bulletshares 2034 CB	0.17%	43,362	$877K	New
MCD McDonald's Corp.	0.17%	2,949	$855K	Add +4.5%
NXPI NXP Semiconductors NV	0.17%	4,079	$848K	Add +3.9%
ZS Zscaler Inc.	0.16%	4,579	$826K	Add +4.7%
J Jacobs Solutions Inc.	0.16%	6,120	$818K	Add +2.8%
EMN Eastman Chemical Co.	0.16%	8,840	$807K	Add +3.5%
AMD Advanced Micro Devices	0.15%	6,305	$762K	Add +4.3%
STZ Constellation Brands Inc. Class A	0.14%	3,319	$733K	Add +3.6%
QQQ Invesco QQQ Trust Series 1	0.13%	1,290	$659K	No change
SCHB Schwab US Broad Market ETF	0.12%	27,652	$628K	Add +0.5%
NICE Nice Ltd. - Spon ADR	0.12%	3,514	$597K	Add +4.0%
BSMT Invesco Bulletshares 2029 MB	0.10%	23,094	$530K	Add +107.5%
BSMP Invesco Bulletshares 2025 MB	0.10%	21,579	$529K	Add +2.2%
BSMQ Invesco Bulletshares 2026 MB	0.10%	22,339	$527K	Add +2.5%
BSMR Invesco Bulletshares 2027 MB	0.10%	22,276	$526K	Add +2.0%
BSMU Invesco Bulletshares 2030 MB	0.10%	23,979	$521K	Add +3.3%
QYLD Global X Nasd 100 Cov Call	0.10%	28,425	$518K	Add +22.9%
BSCT Invesco Bulletshares 2029 CB	0.10%	27,154	$498K	No change
COP Conocophillips	0.10%	4,978	$494K	No change
SPDW Ste STR SPDR PT DW Eu ETF	0.09%	14,092	$481K	Add +0.5%
NTRA Natera Inc.	0.09%	2,890	$457K	No change
SPLV Invesco S&P 500 Low Volatili	0.08%	6,163	$431K	No change
VONE Vanguard Russell 1000	0.08%	1,575	$420K	Reduce -5.7%
GOOG Alphabet Inc. Class C	0.06%	1,555	$296K	Add +1.3%
KO The Coca-Cola Co.	0.04%	3,388	$211K	No change

Portfolio Sells Q3 2024 → Q4 2024


VTI VG Morningstar TS MKT ETF-US	Sold out	0.00%	−7.88
BSCO Invesco Bulletshares 2024 CB	Sold out	0.00%	−0.47
MRK Merck & Co. Inc.	Sold out	0.00%	−0.24
BSMO Invesco Bulletshares 2024 MB	Sold out	0.00%	−0.05
WMT Walmart Inc.	Reduce -18.8%	0.36%	−0.05
IHF iShares U.S. Healthcare Prov	Sold out	0.00%	−0.04
VONE Vanguard Russell 1000	Reduce -5.7%	0.08%	−0.01

Portfolio Buys Q3 2024 → Q4 2024


XLK SS Technology Select Sector	New	3.65%	+3.65
KBE SS SPDR S&P Bank ETF	New	3.52%	+3.52
BSCP Invesco Bulletshares 2025 CB	Add +12.9%	4.73%	+0.41
BSCR Invesco Bulletshares 2027 CB	Add +11.6%	4.27%	+0.28
BSCQ Invesco Bulletshares 2026 CB	Add +8.3%	5.83%	+0.24
BSCX Invesco Bulletshares 2033 CB	Add +296.9%	0.31%	+0.23
TSLA Tesla Inc.	Add +1.1%	0.66%	+0.22
GD General Dynamics Corp.	New	0.21%	+0.21
EVR Evercore Inc. Class A	New	0.19%	+0.19
BSCY Invesco Bulletshares 2034 CB	New	0.17%	+0.17
BSCS Invesco Bulletshares 2028 CB	Add +8.6%	5.24%	+0.16
BSCU Invesco Bulletshares 2030 CB	Add +9.3%	5.17%	+0.12
CRM Salesforce Inc.	Add +4.2%	0.44%	+0.08
AMZN Amazon.com Inc.	Add +2.4%	0.54%	+0.08
MRVL Marvell Technology Inc.	Add +6.0%	0.19%	+0.07
MS Morgan Stanley	Add +4.5%	0.34%	+0.06
GOOGL Alphabet Inc. Class A	Add +2.6%	0.44%	+0.05
JPM JPMorgan Chase & Co.	Add +4.7%	0.39%	+0.05
BSMT Invesco Bulletshares 2029 MB	Add +107.5%	0.10%	+0.05
V Visa Inc. Class A	Add +2.8%	0.33%	+0.04
AAPL Apple Inc.	Add +2.5%	0.64%	+0.04
BIL SS SPDR BB 1-3M T-Bill ETF	Add +20.6%	0.28%	+0.04
SCHW Schwab (charles) Corp.	Add +4.4%	0.24%	+0.03
BAC Bank of America Corp.	Add +3.8%	0.31%	+0.03
NVDA Nvidia Corp.	Add +3.0%	0.28%	+0.03
CRS Carpenter Technology	Add +4.7%	0.33%	+0.02
BSCW Invesco Bulletshares 2032 CB	Add +17.3%	0.30%	+0.02
HON Honeywell International Inc.	Add +2.9%	0.26%	+0.02
QYLD Global X Nasd 100 Cov Call	Add +22.9%	0.10%	+0.02
BSX Boston Scientific Corp.	Add +3.9%	0.25%	+0.02
BRK.B Berkshire Hathaway Inc. Class B	Add +9.7%	0.24%	+0.01
VOO Vanguard S&P 500 ETF	Add +6.6%	0.20%	+0.01
ZS Zscaler Inc.	Add +4.7%	0.16%	+0.01
IBDR iShares Ibonds Dec 2026 Term	Add +8.9%	0.18%	+0.01
GOOG Alphabet Inc. Class C	Add +1.3%	0.06%	+0.01
META Meta Platforms Inc. Class A	Add +1.9%	0.48%	+0.01
RSG Republic Services Inc.	Add +4.7%	0.30%	+0.00
J Jacobs Solutions Inc.	Add +2.8%	0.16%	+0.00
SCHB Schwab US Broad Market ETF	Add +0.5%	0.12%	−0.00
SPY SS SPDR S&P 500 ETF Trust-US	Add +0.9%	19.98%	−0.00
BSMP Invesco Bulletshares 2025 MB	Add +2.2%	0.10%	−0.00
SPYM Ste STR SPDR PT S&P 500 ETF	Add +0.4%	0.19%	−0.00
SPTM SS SPDR P S&P 1500 Comp ETF	Add +0.4%	0.19%	−0.00
BSMQ Invesco Bulletshares 2026 MB	Add +2.5%	0.10%	−0.00
BSMR Invesco Bulletshares 2027 MB	Add +2.0%	0.10%	−0.00
CVX Chevron Corp.	Add +4.2%	0.27%	−0.00
NICE Nice Ltd. - Spon ADR	Add +4.0%	0.12%	−0.00
BSMU Invesco Bulletshares 2030 MB	Add +3.3%	0.10%	−0.00
MSFT Microsoft Corp.	Add +4.7%	0.49%	−0.00
MCD McDonald's Corp.	Add +4.5%	0.17%	−0.01

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