Tradewinds Capital Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 16, 2024), Tradewinds Capital Management, LLC reported 616 stock positions worth $373.8 million. Its top holding was SS SPDR P S&P 500 Growth ETF (SPYG) at 8.1% of the portfolio, followed by SS Financial Select Sector (XLF, 8.0%) and State Street SPDR Dow Jones (RWO, 8.0%). Compared with Q2 2024, it opened 62 new positions, sold out of 38, added to 133 and reduced 61. The biggest buy was SS Financial Select Sector (XLF, shares +84442%) and the biggest sale Schwab US Large-Cap ETF (SCHX, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- BELLINGHAM, WA
- CIK
- 0001616026
- Portfolio Value
- $373.8M (Q3 2024)
- SEC Filing
- 0001616026-24-000007 ↗ filed Oct 16, 2024
Holdings Value
Holdings 616 stocks · $373.8M
| SPYG SS SPDR P S&P 500 Growth ETF | 8.13% | 366,615 | $30.4M | Add +1901.6% |
| XLF SS Financial Select Sector | 7.97% | 657,738 | $29.8M | Add +84442.2% |
| RWO State Street SPDR Dow Jones | 7.96% | 625,815 | $29.7M | New |
| INDA iShares MSCI India ETF | 7.85% | 501,321 | $29.3M | Add +3262.5% |
| SCHM Schwab US Mid Cap ETF | 7.65% | 344,046 | $28.6M | Add +3072.4% |
| MDYG SS SPDR S&P 400 MC GR ETF | 7.39% | 314,648 | $27.6M | Add +80579.0% |
| CORP PIMCO Inv Grade Corp. BD ETF | 5.10% | 191,799 | $19.1M | Add +1699.1% |
| ICVT iShares Convertible Bond ETF | 5.00% | 223,453 | $18.7M | Add +18052.2% |
| IAU iShares Gold Trust | 4.79% | 360,243 | $17.9M | Reduce -41.3% |
| SLYV SS SPDR S&P 600 SC Val ETF | 4.48% | 193,054 | $16.8M | Add +15006.0% |
| PSK SS SPDR Ice Pref Sec ETF | 3.17% | 332,267 | $11.8M | Add +6118.7% |
| EWP iShares MSCI Spain ETF | 3.09% | 326,935 | $11.5M | Add +16222.3% |
| XLI SS Industrial Select Sector | 3.02% | 83,438 | $11.3M | Add +13165.2% |
| MSFT Microsoft Corp. | 2.36% | 20,541 | $8.8M | Add +0.4% |
| JPST JPMorgan Ultra-Short Income | 1.47% | 108,343 | $5.5M | Reduce -1.1% |
| AAPL Apple Inc. | 1.21% | 19,419 | $4.5M | Add +2.7% |
| SCHX Schwab US Large-Cap ETF | 1.12% | 61,787 | $4.2M | Reduce -87.3% |
| HYMB SS SPDR N Ice HY Muni ETF | 0.85% | 121,417 | $3.2M | Reduce -82.7% |
| SCHA Schwab US Small-Cap ETF | 0.71% | 51,601 | $2.7M | Reduce -91.6% |
| BKLN Invesco Senior Loan ETF | 0.57% | 101,148 | $2.1M | Add +4.8% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.54% | 38,265 | $2.0M | Reduce -93.5% |
| FLRN SS SPDR BB Ig Float RT ETF | 0.51% | 61,532 | $1.9M | Reduce -24.7% |
| SCHF Schwab Intl Equity ETF | 0.46% | 41,753 | $1.7M | Add +37.6% |
| AMZN Amazon.com Inc. | 0.45% | 9,064 | $1.7M | Add +0.9% |
| HON Honeywell International Inc. | 0.43% | 7,731 | $1.6M | No change |
| IEUR iShares Core MSCI Europe ETF | 0.42% | 25,600 | $1.6M | Reduce -2.5% |
| VOO Vanguard S&P 500 ETF | 0.36% | 2,579 | $1.4M | Add +12.0% |
| COST Costco Wholesale Corp. | 0.36% | 1,511 | $1.3M | Add +0.7% |
| EWW iShares MSCI Mexico ETF | 0.36% | 24,944 | $1.3M | Reduce -19.7% |
| NVDA Nvidia Corp. | 0.34% | 10,437 | $1.3M | Reduce -0.5% |
| EWG iShares MSCI Germany ETF | 0.31% | 33,955 | $1.1M | Reduce -90.6% |
| MINT PIMCO Enhanced Short Maturit | 0.30% | 11,262 | $1.1M | No change |
| HD Home Depot Inc. | 0.30% | 2,755 | $1.1M | Reduce -0.4% |
| ICSH iShares Ultra Short Duration | 0.30% | 21,947 | $1.1M | Add +1.3% |
| XLK SS Technology Select Sector | 0.27% | 4,418 | $997K | Reduce -0.0% |
| SIVR Abrdn Physical Silver Shares | 0.24% | 30,719 | $914K | Add +746.7% |
| XEL Xcel Energy Inc. | 0.24% | 13,987 | $913K | Add +1.0% |
| XLE SS Energy Select Sector | 0.23% | 9,742 | $855K | Reduce -57.5% |
| UPS United Parcel Service Class B | 0.22% | 6,036 | $823K | Add +0.0% |
| VMI Valmont Industries | 0.22% | 2,800 | $812K | No change |
| ONEQ Fidelity Nasdaq Comp Indx | 0.21% | 11,225 | $804K | Add +21.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.21% | 1,739 | $800K | Add +5.4% |
| SCHC Schwab Intl Small-Cap Equity | 0.21% | 20,176 | $777K | Reduce -95.8% |
| EWZ iShares MSCI Brazil ETF | 0.21% | 26,347 | $777K | Reduce -30.1% |
| OKE Oneok Inc. | 0.21% | 8,508 | $775K | Add +0.9% |
| GOOG Alphabet Inc. Class C | 0.20% | 4,445 | $743K | No change |
| SBUX Starbucks Corp. | 0.19% | 7,274 | $709K | Reduce -13.6% |
| WAFD Wafd Inc. | 0.18% | 19,000 | $662K | No change |
| MCD McDonald's Corp. | 0.16% | 1,959 | $597K | Add +273.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.15% | 4,860 | $579K | No change |
| EWI iShares MSCI Italy ETF | 0.15% | 14,357 | $559K | Add +6769.4% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.15% | 530 | $551K | No change |
| WTRG Essential Utilities Inc. | 0.14% | 13,407 | $517K | Add +0.0% |
| ITOT iShares Core S&P Total U.S. | 0.14% | 4,062 | $510K | Add +0.0% |
| NSC Norfolk Southern Corp. | 0.13% | 2,004 | $498K | No change |
| JNJ Johnson & Johnson | 0.13% | 3,043 | $493K | Reduce -0.5% |
| MPC Marathon Petroleum Corp. | 0.13% | 2,969 | $484K | Reduce -2.4% |
| TRV The Travelers Cos Inc. | 0.13% | 2,057 | $482K | No change |
| MU Micron Technology Inc. | 0.13% | 4,625 | $480K | Reduce -0.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.12% | 1,672 | $441K | Add +48.1% |
| BANR Banner Corporation | 0.11% | 6,992 | $416K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.10% | 9,655 | $383K | Add +0.0% |
| WMT Walmart Inc. | 0.10% | 4,677 | $378K | No change |
| PEP Pepsico Inc. | 0.10% | 2,163 | $368K | Add +0.1% |
| ENB Enbridge Inc. | 0.09% | 8,324 | $338K | Add +3.2% |
| TKR Timken Co. | 0.09% | 4,000 | $337K | No change |
| TEL Te Connectivity PLC | 0.09% | 2,180 | $329K | No change |
| ABT Abbott Laboratories | 0.08% | 2,665 | $304K | No change |
| GOOGL Alphabet Inc. Class A | 0.08% | 1,805 | $299K | Add +38.1% |
| BA The Boeing Co. | 0.08% | 1,928 | $293K | Add +7.9% |
| STIP iShares 0-5 Year Tips Bond E | 0.07% | 2,735 | $277K | No change |
| IVV iShares Core S&P 500 ETF | 0.07% | 478 | $276K | Add +5.3% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.07% | 9,312 | $272K | Reduce -98.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.07% | 2,780 | $267K | No change |
| XOM Exxon Mobil Corp. | 0.07% | 2,270 | $266K | Reduce -4.6% |
| RTX RTX Corp. | 0.07% | 2,182 | $264K | Reduce -15.0% |
| TSLA Tesla Inc. | 0.06% | 927 | $243K | Add +7.0% |
| SGOL Abrdn Physical Gold Shares | 0.06% | 9,649 | $242K | Add +152.6% |
| WFC Wells Fargo & Co. | 0.06% | 4,238 | $239K | No change |
| COP Conocophillips | 0.06% | 2,162 | $228K | Add +5.3% |
| JPM JPMorgan Chase & Co. | 0.06% | 1,077 | $227K | Add +0.8% |
| LLY Eli Lilly & Co. | 0.06% | 255 | $226K | Reduce -5.6% |
| PG The Procter & Gamble Co. | 0.06% | 1,237 | $214K | Add +0.2% |
| ALK Alaska Air Group Inc. | 0.06% | 4,739 | $214K | No change |
| GLD SPDR Gold Shares | 0.06% | 876 | $213K | Add +0.5% |
| DUK Duke Energy Corp. | 0.06% | 1,809 | $209K | No change |
| LMT Lockheed Martin Corp. | 0.05% | 351 | $205K | Add +303.4% |
| BALL Ball Corp. | 0.05% | 3,000 | $204K | No change |
| PANW Palo Alto Networks Inc. | 0.05% | 580 | $198K | Add +2.1% |
| ADX Adams Diversified Equity | 0.05% | 8,871 | $191K | No change |
| ENS Enersys | 0.05% | 1,874 | $191K | Add +37380.0% |
| ORCL Oracle Corp. | 0.05% | 1,096 | $187K | No change |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.05% | 2,263 | $180K | Reduce -10.0% |
| DECK Deckers Outdoor Corp. | 0.05% | 1,122 | $179K | No change |
| PSX Phillips 66 | 0.05% | 1,325 | $174K | Add +0.1% |
| TGT Target Corp. | 0.05% | 1,108 | $173K | No change |
| RSPD Invesco S&P 500 Equal Weight | 0.05% | 3,275 | $171K | Add +0.2% |
| CCB Coastal Financial Corp. | 0.04% | 3,100 | $167K | No change |
| CAT Caterpillar Inc. | 0.04% | 427 | $167K | No change |
| CSCO Cisco Systems Inc. | 0.04% | 3,079 | $164K | Reduce -10.2% |
Lines left out (1) · $21 — 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 | $21 |
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: $373.8M.
Portfolio Sells Q2 2024 → Q3 2024
| SCHX Schwab US Large-Cap ETF | Reduce -87.3% | 1.12% | −8.06 |
| SCHA Schwab US Small-Cap ETF | Reduce -91.6% | 0.71% | −7.92 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -93.5% | 0.54% | −7.86 |
| EWJ iShares MSCI Japan ETF | Reduce -99.9% | 0.01% | −7.81 |
| EWA iShares MSCI Australia ETF | Reduce -100.0% | 0.00% | −7.79 |
| BSCS Invesco Bulletshares 2028 CB | Reduce -100.0% | 0.00% | −4.89 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -98.5% | 0.07% | −4.88 |
| SCHC Schwab Intl Small-Cap Equity | Reduce -95.8% | 0.21% | −4.78 |
| HYMB SS SPDR N Ice HY Muni ETF | Reduce -82.7% | 0.85% | −4.42 |
| IAU iShares Gold Trust | Reduce -41.3% | 4.79% | −3.16 |
| OILK Pros K-1 Free CR Oil ETF-Usd | Reduce -99.9% | 0.00% | −3.00 |
| EWG iShares MSCI Germany ETF | Reduce -90.6% | 0.31% | −2.96 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.39 |
| XLE SS Energy Select Sector | Reduce -57.5% | 0.23% | −0.39 |
| AGG iShares Core U.S. Aggregate | Reduce -99.3% | 0.00% | −0.34 |
| FLRN SS SPDR BB Ig Float RT ETF | Reduce -24.7% | 0.51% | −0.24 |
| EWW iShares MSCI Mexico ETF | Reduce -19.7% | 0.36% | −0.16 |
| JPST JPMorgan Ultra-Short Income | Reduce -1.1% | 1.47% | −0.16 |
| BWX SS SPDR BB Intl Treasury BD | Sold out | 0.00% | −0.13 |
| EWZ iShares MSCI Brazil ETF | Reduce -30.1% | 0.21% | −0.10 |
| MU Micron Technology Inc. | Reduce -0.8% | 0.13% | −0.05 |
| NKE Nike Inc. Class B | Reduce -77.5% | 0.02% | −0.05 |
| NVDA Nvidia Corp. | Reduce -0.5% | 0.34% | −0.04 |
| PWR Quanta Services Inc. | Reduce -77.5% | 0.01% | −0.03 |
| FLAU Franklin Ftse Australia ETF | Sold out | 0.00% | −0.03 |
| XLK SS Technology Select Sector | Reduce -0.0% | 0.27% | −0.03 |
| FLGR Franklin Ftse Germany ETF | Sold out | 0.00% | −0.03 |
| FLJP Franklin Ftse Japan ETF | Sold out | 0.00% | −0.03 |
| MPC Marathon Petroleum Corp. | Reduce -2.4% | 0.13% | −0.03 |
| IEUR iShares Core MSCI Europe ETF | Reduce -2.5% | 0.42% | −0.02 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -39.4% | 0.02% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -5.6% | 0.06% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -3.9% | 0.03% | −0.01 |
| SCHR Schwab Intermediate-Term US | Reduce -33.0% | 0.02% | −0.01 |
| BSCQ Invesco Bulletshares 2026 CB | Reduce -30.5% | 0.02% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -4.6% | 0.07% | −0.01 |
| IVW iShares S&P 500 Growth ETF | Reduce -18.8% | 0.03% | −0.01 |
| BSJS Invesco Bulletshares 2028 HY | Reduce -48.8% | 0.01% | −0.01 |
| CRM Salesforce Inc. | Reduce -51.1% | 0.01% | −0.01 |
| GOVT iShares US Treasury Bond ETF | Sold out | 0.00% | −0.01 |
| GNMA iShares Gnma Bond ETF | Sold out | 0.00% | −0.01 |
| SLYG SS SPDR S&P 600 SC GR ETF | Reduce -65.4% | 0.00% | −0.01 |
| AMGN Amgen Inc. | Reduce -28.4% | 0.01% | −0.01 |
| FND Floor & Decor Holdings Inc. Class A | Sold out | 0.00% | −0.01 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -10.0% | 0.05% | −0.01 |
| CVX Chevron Corp. | Reduce -6.9% | 0.02% | −0.01 |
| CNI Canadian Natl Railway Co. | Sold out | 0.00% | −0.01 |
| RTX RTX Corp. | Reduce -15.0% | 0.07% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -11.5% | 0.03% | −0.01 |
| LULU Lululemon Athletica Inc. | Reduce -98.0% | 0.00% | −0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| XLF SS Financial Select Sector | Add +84442.2% | 7.97% | +7.97 |
| RWO State Street SPDR Dow Jones | New | 7.96% | +7.96 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +1901.6% | 8.13% | +7.70 |
| INDA iShares MSCI India ETF | Add +3262.5% | 7.85% | +7.60 |
| SCHM Schwab US Mid Cap ETF | Add +3072.4% | 7.65% | +7.40 |
| MDYG SS SPDR S&P 400 MC GR ETF | Add +80579.0% | 7.39% | +7.38 |
| ICVT iShares Convertible Bond ETF | Add +18052.2% | 5.00% | +4.97 |
| CORP PIMCO Inv Grade Corp. BD ETF | Add +1699.1% | 5.10% | +4.80 |
| SLYV SS SPDR S&P 600 SC Val ETF | Add +15006.0% | 4.48% | +4.45 |
| PSK SS SPDR Ice Pref Sec ETF | Add +6118.7% | 3.17% | +3.12 |
| EWP iShares MSCI Spain ETF | Add +16222.3% | 3.09% | +3.07 |
| XLI SS Industrial Select Sector | Add +13165.2% | 3.02% | +3.00 |
| SIVR Abrdn Physical Silver Shares | Add +746.7% | 0.24% | +0.21 |
| EWI iShares MSCI Italy ETF | Add +6769.4% | 0.15% | +0.15 |
| MCD McDonald's Corp. | Add +273.1% | 0.16% | +0.12 |
| SCHF Schwab Intl Equity ETF | Add +37.6% | 0.46% | +0.12 |
| ENS Enersys | Add +37380.0% | 0.05% | +0.05 |
| LMT Lockheed Martin Corp. | Add +303.4% | 0.05% | +0.04 |
| SLV iShares Silver Trust | New | 0.04% | +0.04 |
| SGOL Abrdn Physical Gold Shares | Add +152.6% | 0.06% | +0.04 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +48.1% | 0.12% | +0.04 |
| AAPL Apple Inc. | Add +2.7% | 1.21% | +0.04 |
| FLIN Franklin Ftse India ETF | New | 0.03% | +0.03 |
| VMO Invesco Municipal Opport | New | 0.03% | +0.03 |
| VKI Invesco Adv Muni Inc. TR II | Add +238.6% | 0.04% | +0.03 |
| NZF Nuveen Municipal Credit Inc. | Add +219.9% | 0.04% | +0.03 |
| VKQ Invesco Municipal Trust | Add +166.2% | 0.04% | +0.03 |
| XEL Xcel Energy Inc. | Add +1.0% | 0.24% | +0.03 |
| ONEQ Fidelity Nasdaq Comp Indx | Add +21.5% | 0.21% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +12.0% | 0.36% | +0.02 |
| MOG.A Moog Inc. Class A | New | 0.02% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +5.4% | 0.21% | +0.02 |
| AOA iShares Core 80/20 Aggressiv | New | 0.01% | +0.01 |
| TSLA Tesla Inc. | Add +7.0% | 0.06% | +0.01 |
| LSCC Lattice Semiconductor Corp. | New | 0.01% | +0.01 |
| BND Vanguard Total Bond Market | New | 0.01% | +0.01 |
| TMUS T-Mobile US Inc. | New | 0.01% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +38.1% | 0.08% | +0.01 |
| RMBS Rambus Inc. | Add +337.8% | 0.01% | +0.01 |
| ANET Arista Networks Inc. | New | 0.01% | +0.01 |
| IWR iShares Russell Mid-Cap ETF | New | 0.01% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +1300.0% | 0.01% | +0.01 |
| ENB Enbridge Inc. | Add +3.2% | 0.09% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +84.4% | 0.01% | +0.01 |
| ETN Eaton Corp. PLC | Add +40.6% | 0.02% | +0.01 |
| NFLX Netflix Inc. | Add +100.0% | 0.01% | +0.01 |
| IEFA iShares Core MSCI Eafe ETF | Add +17.9% | 0.04% | +0.01 |
| PLTR Palantir Technologies Inc. Class A | Add +80.0% | 0.01% | +0.00 |
| FDX FedEx Corp. | New | 0.00% | +0.00 |
| OKE Oneok Inc. | Add +0.9% | 0.21% | +0.00 |
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 |