Tradewinds Capital Management, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 18, 2024), Tradewinds Capital Management, LLC reported 591 stock positions worth $339.0 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 9.2% of the portfolio, followed by Schwab US Small-Cap ETF (SCHA, 8.6%) and SS SPDR P S&P 500 Value ETF (SPYV, 8.4%). Compared with Q1 2024, it opened 74 new positions, sold out of 38, added to 138 and reduced 55. The biggest buy was Schwab US Large-Cap ETF (SCHX, shares +3021%) and the biggest sale SS SPDR PF LNG TRM TSY E-Usd (SPTL, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- BELLINGHAM, WA
- CIK
- 0001616026
- Portfolio Value
- $339.0M (Q2 2024)
- SEC Filing
- 0001616026-24-000005 ↗ filed Jul 18, 2024
Holdings Value
Holdings 591 stocks · $339.0M
| SCHX Schwab US Large-Cap ETF | 9.19% | 484,646 | $31.1M | Add +3020.7% |
| SCHA Schwab US Small-Cap ETF | 8.63% | 616,492 | $29.3M | Add +1384.9% |
| SPYV SS SPDR P S&P 500 Value ETF | 8.40% | 584,018 | $28.5M | Add +1419.8% |
| IAU iShares Gold Trust | 7.95% | 613,830 | $27.0M | Add +340916.7% |
| EWJ iShares MSCI Japan ETF | 7.82% | 388,573 | $26.5M | Add +134354.3% |
| EWA iShares MSCI Australia ETF | 7.79% | 1,081,320 | $26.4M | New |
| HYMB SS SPDR N Ice HY Muni ETF | 5.28% | 703,085 | $17.9M | Add +1737.4% |
| SCHC Schwab Intl Small-Cap Equity | 4.99% | 475,499 | $16.9M | Add +9102.6% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 4.95% | 632,146 | $16.8M | Add +20070.6% |
| BSCS Invesco Bulletshares 2028 CB | 4.90% | 831,828 | $16.6M | New |
| EWG iShares MSCI Germany ETF | 3.27% | 361,561 | $11.1M | Add +968.9% |
| OILK Pros K-1 Free CR Oil ETF-Usd | 3.00% | 210,764 | $10.2M | New |
| MSFT Microsoft Corp. | 2.70% | 20,463 | $9.1M | Add +4.2% |
| JPST JPMorgan Ultra-Short Income | 1.63% | 109,488 | $5.5M | Add +0.8% |
| AAPL Apple Inc. | 1.17% | 18,908 | $4.0M | Reduce -1.8% |
| FLRN SS SPDR BB Ig Float RT ETF | 0.74% | 81,756 | $2.5M | Add +1.2% |
| XLE SS Energy Select Sector | 0.62% | 22,920 | $2.1M | Add +63.4% |
| BKLN Invesco Senior Loan ETF | 0.60% | 96,532 | $2.0M | Add +27.4% |
| EWW iShares MSCI Mexico ETF | 0.52% | 31,056 | $1.8M | Add +19.5% |
| AMZN Amazon.com Inc. | 0.51% | 8,981 | $1.7M | Add +6.9% |
| HON Honeywell International Inc. | 0.49% | 7,731 | $1.7M | Add +0.1% |
| IEUR iShares Core MSCI Europe ETF | 0.44% | 26,249 | $1.5M | Add +0.1% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.43% | 18,316 | $1.5M | Reduce -0.2% |
| SMCI Super Micro Computer Inc. | 0.39% | 1,623 | $1.3M | Add +1.7% |
| NVDA Nvidia Corp. | 0.38% | 10,487 | $1.3M | Add +11.9% |
| COST Costco Wholesale Corp. | 0.38% | 1,501 | $1.3M | Add +2.0% |
| AGG iShares Core U.S. Aggregate | 0.35% | 12,088 | $1.2M | Add +2848.3% |
| SCHF Schwab Intl Equity ETF | 0.34% | 30,344 | $1.2M | Add +328.1% |
| VOO Vanguard S&P 500 ETF | 0.34% | 2,303 | $1.2M | Add +25.6% |
| MINT PIMCO Enhanced Short Maturit | 0.33% | 11,262 | $1.1M | Reduce -28.9% |
| ICSH iShares Ultra Short Duration | 0.32% | 21,659 | $1.1M | Add +1.4% |
| EWZ iShares MSCI Brazil ETF | 0.30% | 37,713 | $1.0M | Add +0.5% |
| CORP PIMCO Inv Grade Corp. BD ETF | 0.30% | 10,661 | $1.0M | Reduce -91.4% |
| XLK SS Technology Select Sector | 0.29% | 4,419 | $1000K | Reduce -96.8% |
| HD Home Depot Inc. | 0.28% | 2,767 | $953K | Add +0.1% |
| SCHM Schwab US Mid Cap ETF | 0.25% | 10,845 | $844K | Reduce -94.9% |
| INDA iShares MSCI India ETF | 0.25% | 14,909 | $832K | Reduce -97.3% |
| UPS United Parcel Service Class B | 0.24% | 6,035 | $826K | No change |
| GOOG Alphabet Inc. Class C | 0.24% | 4,445 | $815K | Add +1.1% |
| VMI Valmont Industries | 0.23% | 2,800 | $768K | No change |
| XEL Xcel Energy Inc. | 0.22% | 13,854 | $740K | Add +1961.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.20% | 4,860 | $694K | Reduce -3.9% |
| OKE Oneok Inc. | 0.20% | 8,434 | $688K | Add +1.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.20% | 1,650 | $671K | No change |
| SBUX Starbucks Corp. | 0.19% | 8,419 | $655K | Reduce -5.7% |
| ONEQ Fidelity Nasdaq Comp Indx | 0.19% | 9,241 | $646K | Add +18.4% |
| MU Micron Technology Inc. | 0.18% | 4,660 | $613K | Add +314.2% |
| WAFD Wafd Inc. | 0.16% | 19,000 | $543K | No change |
| MPC Marathon Petroleum Corp. | 0.16% | 3,042 | $528K | Add +3.9% |
| WTRG Essential Utilities Inc. | 0.15% | 13,406 | $500K | Add +1817.9% |
| ITOT iShares Core S&P Total U.S. | 0.14% | 4,061 | $482K | No change |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.14% | 530 | $478K | No change |
| JNJ Johnson & Johnson | 0.13% | 3,058 | $447K | Reduce -2.2% |
| BWX SS SPDR BB Intl Treasury BD | 0.13% | 20,255 | $434K | New |
| NSC Norfolk Southern Corp. | 0.13% | 2,004 | $430K | Add +0.2% |
| TRV The Travelers Cos Inc. | 0.12% | 2,057 | $418K | Add +1.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.11% | 9,654 | $384K | Add +0.5% |
| PEP Pepsico Inc. | 0.11% | 2,161 | $356K | Add +1.1% |
| BANR Banner Corporation | 0.10% | 6,992 | $347K | No change |
| TEL Te Connectivity Ltd. | 0.10% | 2,180 | $328K | Add +5.1% |
| BA The Boeing Co. | 0.10% | 1,787 | $325K | Add +18.6% |
| TKR Timken Co. | 0.09% | 4,000 | $321K | No change |
| WMT Walmart Inc. | 0.09% | 4,677 | $317K | Reduce -0.4% |
| ENB Enbridge Inc. | 0.08% | 8,064 | $287K | Add +3.2% |
| ABT Abbott Laboratories | 0.08% | 2,665 | $277K | Add +1.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.08% | 2,780 | $276K | Add +0.2% |
| XOM Exxon Mobil Corp. | 0.08% | 2,379 | $274K | Add +6.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.08% | 1,129 | $273K | Add +0.1% |
| STIP iShares 0-5 Year Tips Bond E | 0.08% | 2,735 | $272K | No change |
| RTX RTX Corp. | 0.08% | 2,568 | $258K | Add +26.2% |
| WFC Wells Fargo & Co. | 0.07% | 4,238 | $252K | Add +0.3% |
| IVV iShares Core S&P 500 ETF | 0.07% | 454 | $249K | New |
| LLY Eli Lilly & Co. | 0.07% | 270 | $244K | Add +1.9% |
| GOOGL Alphabet Inc. Class A | 0.07% | 1,307 | $238K | Add +5.2% |
| COP Conocophillips | 0.07% | 2,054 | $235K | Add +5035.0% |
| NKE Nike Inc. Class B | 0.07% | 2,960 | $223K | Add +210.9% |
| JPM JPMorgan Chase & Co. | 0.06% | 1,069 | $216K | No change |
| PG The Procter & Gamble Co. | 0.06% | 1,235 | $204K | Reduce -12.3% |
| PANW Palo Alto Networks Inc. | 0.06% | 568 | $193K | Add +3.3% |
| ALK Alaska Air Group Inc. | 0.06% | 4,739 | $191K | No change |
| ADX Adams Diversified Equity | 0.06% | 8,871 | $191K | No change |
| GLD SPDR Gold Shares | 0.06% | 872 | $187K | Add +105.2% |
| PSX Phillips 66 | 0.06% | 1,323 | $187K | Add +313.4% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.05% | 2,514 | $183K | Reduce -98.9% |
| DUK Duke Energy Corp. | 0.05% | 1,809 | $181K | No change |
| PSK SS SPDR Ice Pref Sec ETF | 0.05% | 5,343 | $181K | No change |
| DECK Deckers Outdoor Corp. | 0.05% | 187 | $181K | No change |
| BALL Ball Corp. | 0.05% | 3,000 | $180K | No change |
| TSLA Tesla Inc. | 0.05% | 866 | $171K | Reduce -23.8% |
| TGT Target Corp. | 0.05% | 1,108 | $164K | Reduce -0.2% |
| CSCO Cisco Systems Inc. | 0.05% | 3,429 | $163K | Add +3.9% |
| RSPD Invesco S&P 500 Equal Weight | 0.05% | 3,268 | $157K | Add +0.2% |
| ORCL Oracle Corp. | 0.05% | 1,096 | $155K | No change |
| QCOM Qualcomm Inc. | 0.04% | 763 | $152K | Add +2.7% |
| CCB Coastal Financial Corp. | 0.04% | 3,100 | $143K | No change |
| CAT Caterpillar Inc. | 0.04% | 427 | $142K | Add +0.7% |
| UNH Unitedhealth Group Inc. | 0.04% | 276 | $141K | Add +1.5% |
| UBER Uber Technologies Inc. | 0.04% | 1,910 | $139K | No change |
| XYL Xylem Inc. | 0.04% | 1,000 | $136K | No change |
| RRC Range Resources Corp. | 0.04% | 4,000 | $134K | No change |
Lines left out (1) · $19 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| SPXL Direxion Daily S&P 500 Bull | DA 500 BU 3X ETF | 0 | $19 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $339.0M.
Portfolio Sells Q1 2024 → Q2 2024
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -99.7% | 0.04% | −12.20 |
| MDYG SS SPDR S&P 400 MC GR ETF | Reduce -99.9% | 0.01% | −8.34 |
| XLF SS Financial Select Sector | Reduce -99.9% | 0.01% | −8.21 |
| SLYG SS SPDR S&P 600 SC GR ETF | Reduce -99.9% | 0.01% | −8.01 |
| INDA iShares MSCI India ETF | Reduce -97.3% | 0.25% | −7.63 |
| XLK SS Technology Select Sector | Reduce -96.8% | 0.29% | −7.62 |
| ICVT iShares Convertible Bond ETF | Reduce -99.5% | 0.03% | −5.09 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -98.9% | 0.05% | −4.59 |
| SCHM Schwab US Mid Cap ETF | Reduce -94.9% | 0.25% | −4.54 |
| SCHR Schwab Intermediate-Term US | Reduce -99.1% | 0.03% | −3.23 |
| CORP PIMCO Inv Grade Corp. BD ETF | Reduce -91.4% | 0.30% | −3.00 |
| XLY SS Consumer Disc Select Sect | Reduce -99.9% | 0.00% | −2.82 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -99.0% | 0.03% | −2.75 |
| MINT PIMCO Enhanced Short Maturit | Reduce -28.9% | 0.33% | −0.11 |
| MLPA Global X MLP ETF | Sold out | 0.00% | −0.05 |
| FM iShares Frontier and Select | Sold out | 0.00% | −0.03 |
| SBUX Starbucks Corp. | Reduce -5.7% | 0.19% | −0.03 |
| EMFM Global X MSCI Next Emerging | Sold out | 0.00% | −0.03 |
| ALGT Allegiant Travel Co. | Sold out | 0.00% | −0.02 |
| TGT Target Corp. | Reduce -0.2% | 0.05% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -58.9% | 0.01% | −0.01 |
| U Unity Software Inc. | Reduce -68.0% | 0.00% | −0.01 |
| EL Estee Lauder Companies Class A | Reduce -25.4% | 0.01% | −0.01 |
| JNJ Johnson & Johnson | Reduce -2.2% | 0.13% | −0.00 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.00 |
| TSLA Tesla Inc. | Reduce -23.8% | 0.05% | −0.00 |
| TM Toyota Motor Corp. -Spon ADR | Reduce -86.7% | 0.00% | −0.00 |
| STM Stmicroelectronics NV-NY SHS | Sold out | 0.00% | −0.00 |
| HUM Humana Inc. | Reduce -97.8% | 0.00% | −0.00 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.00 |
| GE General Electric | Reduce -16.9% | 0.01% | −0.00 |
| WM Waste Management Inc. | Reduce -13.6% | 0.04% | −0.00 |
| PG The Procter & Gamble Co. | Reduce -12.3% | 0.06% | −0.00 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Sold out | 0.00% | −0.00 |
| SMTC Semtech Corp. | Sold out | 0.00% | −0.00 |
| ETSY Etsy Inc. | Reduce -75.0% | 0.00% | −0.00 |
| RAIL Freightcar America Inc. | Reduce -76.5% | 0.00% | −0.00 |
| PFE Pfizer Inc. | Reduce -21.5% | 0.02% | −0.00 |
| ADM Archer-Daniels-Midland Co. | Sold out | 0.00% | −0.00 |
| BG Bunge Global SA | Reduce -16.7% | 0.03% | −0.00 |
| T AT&T Inc. | Reduce -35.2% | 0.01% | −0.00 |
| VYX NCR Voyix Corp. | Sold out | 0.00% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -11.3% | 0.02% | −0.00 |
| NATL NCR Atleos Corp. | Sold out | 0.00% | −0.00 |
| SPDW Ste STR SPDR PT DW Eu ETF | Sold out | 0.00% | −0.00 |
| LUMN Lumen Technologies Inc. | Reduce -99.4% | 0.00% | −0.00 |
| RIVN Rivian Automotive Inc. Class A | Reduce -52.5% | 0.00% | −0.00 |
| PKST Peakstone Realty Trust | Sold out | 0.00% | −0.00 |
| BITF Bitfarms Ltd./Canada | Sold out | 0.00% | −0.00 |
| DD Dupont DE Nemours Inc. | Reduce -27.0% | 0.00% | −0.00 |
Portfolio Buys Q1 2024 → Q2 2024
| SCHX Schwab US Large-Cap ETF | Add +3020.7% | 9.19% | +8.92 |
| SCHA Schwab US Small-Cap ETF | Add +1384.9% | 8.63% | +8.06 |
| IAU iShares Gold Trust | Add +340916.7% | 7.95% | +7.95 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +1419.8% | 8.40% | +7.86 |
| EWJ iShares MSCI Japan ETF | Add +134354.3% | 7.82% | +7.82 |
| EWA iShares MSCI Australia ETF | New | 7.79% | +7.79 |
| HYMB SS SPDR N Ice HY Muni ETF | Add +1737.4% | 5.28% | +5.00 |
| SCHC Schwab Intl Small-Cap Equity | Add +9102.6% | 4.99% | +4.94 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +20070.6% | 4.95% | +4.93 |
| BSCS Invesco Bulletshares 2028 CB | New | 4.90% | +4.90 |
| OILK Pros K-1 Free CR Oil ETF-Usd | New | 3.00% | +3.00 |
| EWG iShares MSCI Germany ETF | Add +968.9% | 3.27% | +2.97 |
| MSFT Microsoft Corp. | Add +4.2% | 2.70% | +0.41 |
| AGG iShares Core U.S. Aggregate | Add +2848.3% | 0.35% | +0.34 |
| SCHF Schwab Intl Equity ETF | Add +328.1% | 0.34% | +0.27 |
| XLE SS Energy Select Sector | Add +63.4% | 0.62% | +0.25 |
| XEL Xcel Energy Inc. | Add +1961.6% | 0.22% | +0.21 |
| BKLN Invesco Senior Loan ETF | Add +27.4% | 0.60% | +0.16 |
| NVDA Nvidia Corp. | Add +11.9% | 0.38% | +0.15 |
| MU Micron Technology Inc. | Add +314.2% | 0.18% | +0.14 |
| WTRG Essential Utilities Inc. | Add +1817.9% | 0.15% | +0.14 |
| BWX SS SPDR BB Intl Treasury BD | New | 0.13% | +0.13 |
| JPST JPMorgan Ultra-Short Income | Add +0.8% | 1.63% | +0.12 |
| VOO Vanguard S&P 500 ETF | Add +25.6% | 0.34% | +0.10 |
| AMZN Amazon.com Inc. | Add +6.9% | 0.51% | +0.09 |
| COST Costco Wholesale Corp. | Add +2.0% | 0.38% | +0.08 |
| IVV iShares Core S&P 500 ETF | New | 0.07% | +0.07 |
| COP Conocophillips | Add +5035.0% | 0.07% | +0.07 |
| GOOG Alphabet Inc. Class C | Add +1.1% | 0.24% | +0.06 |
| FLRN SS SPDR BB Ig Float RT ETF | Add +1.2% | 0.74% | +0.06 |
| ONEQ Fidelity Nasdaq Comp Indx | Add +18.4% | 0.19% | +0.05 |
| HON Honeywell International Inc. | Add +0.1% | 0.49% | +0.05 |
| NKE Nike Inc. Class B | Add +210.9% | 0.07% | +0.04 |
| PSX Phillips 66 | Add +313.4% | 0.06% | +0.04 |
| IVW iShares S&P 500 Growth ETF | New | 0.04% | +0.04 |
| GLD SPDR Gold Shares | Add +105.2% | 0.06% | +0.03 |
| IVE iShares S&P 500 Value ETF | New | 0.03% | +0.03 |
| FLAU Franklin Ftse Australia ETF | New | 0.03% | +0.03 |
| FLGR Franklin Ftse Germany ETF | New | 0.03% | +0.03 |
| FLJP Franklin Ftse Japan ETF | New | 0.03% | +0.03 |
| IEFA iShares Core MSCI Eafe ETF | Add +403.5% | 0.03% | +0.03 |
| LHX L3HARRIS Technologies Inc. | New | 0.03% | +0.03 |
| ICSH iShares Ultra Short Duration | Add +1.4% | 0.32% | +0.02 |
| IEUR iShares Core MSCI Europe ETF | Add +0.1% | 0.44% | +0.02 |
| RTX RTX Corp. | Add +26.2% | 0.08% | +0.02 |
| BSCQ Invesco Bulletshares 2026 CB | Add +203.1% | 0.03% | +0.02 |
| EWW iShares MSCI Mexico ETF | Add +19.5% | 0.52% | +0.02 |
| SPR Spirit Aerosystems Hold Class A | New | 0.02% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +5.2% | 0.07% | +0.02 |
| OKE Oneok Inc. | Add +1.3% | 0.20% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 713 | $562.6M | EWY, XLE, ICLN, BBCA, COMT |
| Q1 2026 | 717 | $503.5M | COMT, GNR, GLDM, EWY, EWP |
| Q4 2025 | 684 | $474.2M | SIVR, GLDM, XLK, SPYG, SPEM |
| Q3 2025 | 675 | $445.1M | EWI, GLDM, EWP, EWS, EWG |
| Q2 2025 | 640 | $397.7M | EWS, EWG, EWI, EWP, GLDM |
| Q1 2025 | 663 | $373.1M | GLDM, EWS, XLF, COMT, XLY |
| Q4 2024 | 669 | $378.9M | SCHX, SPYG, EWS, XLU, EWH |
| Q3 2024 | 616 | $373.8M | SPYG, XLF, RWO, INDA, SCHM |
| Q2 2024 | 591 | $339.0M | SCHX, SCHA, SPYV, IAU, EWJ |
| Q1 2024 | 553 | $361.8M | SPTL, MDYG, XLF, SLYG, XLK |