Tradewinds, LLC.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Tradewinds, LLC. reported 215 stock positions worth $359.8 million. Its top holding was Nvidia (NVDA) at 5.7% of the portfolio, followed by Apple (AAPL, 5.3%) and Microsoft (MSFT, 4.6%). Compared with Q3 2024, it opened 69 new positions, sold out of 14, added to 51 and reduced 88. The biggest buy was a new position in First Citizens Bcshs Class A (FCNCA) and the biggest sale Pepsico (PEP, shares −71%).
- Most Recent 13F
- Q2 2026
- Location
- RALEIGH, NC
- CIK
- 0001932342
- Portfolio Value
- $359.8M (Q4 2024)
- SEC Filing
- 0001932342-25-000001 ↗ filed Feb 12, 2025
Holdings Value
Holdings 215 stocks · $359.8M
| NVDA Nvidia Corp. | 5.73% | 154,900 | $20.6M | Reduce -3.3% |
| AAPL Apple Inc. | 5.28% | 81,305 | $19.0M | Add +0.9% |
| MSFT Microsoft Corp. | 4.56% | 40,043 | $16.4M | Add +1.5% |
| AMZN Amazon.com Inc. | 3.70% | 57,404 | $13.3M | Add +1.2% |
| JPM JPMorgan Chase & Co. | 3.20% | 42,111 | $11.5M | Add +3.6% |
| WMT Walmart Inc. | 3.15% | 110,758 | $11.3M | Add +1.8% |
| PG The Procter & Gamble Co. | 2.70% | 57,786 | $9.7M | Add +5.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.49% | 19,010 | $9.0M | Add +4.7% |
| V Visa Inc. Class A | 2.48% | 25,508 | $8.9M | Add +4.2% |
| MS Morgan Stanley | 2.32% | 60,918 | $8.3M | Add +5.4% |
| GOOG Alphabet Inc. Class C | 2.28% | 44,013 | $8.2M | Add +4.6% |
| DE Deere & Co. | 2.09% | 15,820 | $7.5M | Add +6.8% |
| UNH Unitedhealth Group Inc. | 1.98% | 13,374 | $7.1M | Reduce -4.3% |
| RSG Republic Services Inc. | 1.88% | 30,549 | $6.8M | Add +8.4% |
| JPST JPMorgan Ultra-Short Income | 1.75% | 126,630 | $6.3M | Add +58.8% |
| HON Honeywell International Inc. | 1.74% | 30,067 | $6.3M | Add +8.2% |
| ITW Illinois Tool Works | 1.69% | 23,700 | $6.1M | Add +10.1% |
| ROK Rockwell Automation Inc. | 1.69% | 20,036 | $6.1M | Add +10.0% |
| GD General Dynamics Corp. | 1.55% | 21,711 | $5.6M | Add +8.1% |
| CL Colgate-Palmolive Co. | 1.54% | 63,831 | $5.5M | Add +9.8% |
| FCNCA First Citizens Bcshs Class A | 1.49% | 2,473 | $5.3M | New |
| XME SS SPDR S&P Metals Mining | 1.47% | 85,263 | $5.3M | Reduce -5.7% |
| LLY Eli Lilly & Co. | 1.40% | 5,787 | $5.0M | Reduce -0.4% |
| VTI VG Morningstar TS MKT ETF-US | 1.19% | 14,280 | $4.3M | Add +9.2% |
| VTIP Vanguard Short-Term Tips | 1.13% | 82,833 | $4.1M | Add +109.0% |
| QUAL iShares MSCI USA Quality Fac | 1.06% | 20,634 | $3.8M | Reduce -3.3% |
| VOO Vanguard S&P 500 ETF | 1.04% | 6,756 | $3.8M | Reduce -0.3% |
| VGT Vanguard Info Tech ETF | 1.04% | 5,942 | $3.7M | Reduce -0.6% |
| MTUM iShares MSCI USA Momentum Fa | 0.92% | 14,724 | $3.3M | Add +42.5% |
| AMLP Alerian MLP ETF | 0.91% | 62,666 | $3.3M | Add +17.6% |
| DUK Duke Energy Corp. | 0.83% | 25,802 | $3.0M | Add +2.1% |
| CAT Caterpillar Inc. | 0.83% | 8,236 | $3.0M | No change |
| GOOGL Alphabet Inc. Class A | 0.80% | 15,602 | $2.9M | Reduce -3.6% |
| JNJ Johnson & Johnson | 0.77% | 17,673 | $2.8M | Reduce -2.5% |
| EMO Clearbridge Energy Midstream | 0.65% | 47,243 | $2.3M | Reduce -2.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.60% | 12,239 | $2.2M | Add +550.3% |
| ABBV Abbvie Inc. | 0.60% | 11,224 | $2.1M | Add +1.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.58% | 4,922 | $2.1M | Reduce -0.4% |
| TFC Truist Financial Corp. | 0.55% | 41,524 | $2.0M | Reduce -6.7% |
| VIG Vanguard Dividend Apprec ETF | 0.49% | 8,673 | $1.8M | Reduce -1.5% |
| XOM Exxon Mobil Corp. | 0.49% | 15,676 | $1.8M | Reduce -27.9% |
| CVX Chevron Corp. | 0.49% | 11,122 | $1.8M | Reduce -10.3% |
| PEP Pepsico Inc. | 0.47% | 11,600 | $1.7M | Reduce -70.5% |
| AMGN Amgen Inc. | 0.44% | 5,371 | $1.6M | Add +102.3% |
| IVV iShares Core S&P 500 ETF | 0.44% | 2,595 | $1.6M | Reduce -26.4% |
| MRVL Marvell Technology Inc. | 0.43% | 14,050 | $1.6M | Add +0.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.42% | 5,998 | $1.5M | Reduce -2.7% |
| IHI iShares U.S. Medical Devices | 0.40% | 22,667 | $1.4M | New |
| FNB FNB Corp. | 0.39% | 89,609 | $1.4M | Reduce -4.5% |
| XLE SS Energy Select Sector | 0.39% | 15,136 | $1.4M | Reduce -54.8% |
| MCD McDonald's Corp. | 0.38% | 4,466 | $1.4M | Reduce -3.8% |
| VYM Vanguard High DVD Yield ETF | 0.38% | 10,309 | $1.4M | Add +0.8% |
| PULS Pgim Ultra Short Bond ETF | 0.36% | 25,942 | $1.3M | Add +536.9% |
| GBIL Goldman Sachs Access Treasur | 0.35% | 12,715 | $1.3M | Add +490.9% |
| GLD SPDR Gold Shares | 0.34% | 4,624 | $1.2M | Add +21.2% |
| WELL Welltower Inc. | 0.34% | 8,674 | $1.2M | Reduce -0.2% |
| D Dominion Energy Inc. | 0.34% | 22,228 | $1.2M | Reduce -3.6% |
| AVGO Broadcom Inc. | 0.33% | 4,959 | $1.2M | Reduce -2.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.33% | 25,016 | $1.2M | Add +0.8% |
| MRK Merck & Co. Inc. | 0.32% | 13,540 | $1.2M | Reduce -13.5% |
| BND Vanguard Total Bond Market | 0.32% | 15,944 | $1.2M | Reduce -5.9% |
| CSCO Cisco Systems Inc. | 0.28% | 16,392 | $1.0M | Reduce -8.8% |
| COST Costco Wholesale Corp. | 0.28% | 967 | $1.0M | Reduce -0.2% |
| AMD Advanced Micro Devices | 0.28% | 9,071 | $1.0M | Reduce -36.7% |
| TRV The Travelers Cos Inc. | 0.28% | 4,164 | $1.0M | New |
| RY Royal Bank of Canada | 0.27% | 8,235 | $973K | Reduce -7.8% |
| SO The Southern Co. | 0.27% | 11,358 | $972K | Add +0.2% |
| VCR Vanguard Consumer Discre ETF | 0.26% | 2,490 | $932K | Reduce -11.2% |
| PANW Palo Alto Networks Inc. | 0.25% | 4,680 | $914K | Add +1.1% |
| T AT&T Inc. | 0.24% | 34,939 | $878K | Reduce -4.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.24% | 4,286 | $870K | Add +66.0% |
| OKLO Oklo Inc. | 0.24% | 17,045 | $860K | New |
| KO The Coca-Cola Co. | 0.24% | 12,765 | $855K | Add +0.0% |
| ADP Automatic Data Processing | 0.24% | 2,796 | $854K | Reduce -5.0% |
| WM Waste Management Inc. | 0.24% | 3,762 | $850K | Reduce -1.5% |
| PM Philip Morris International | 0.24% | 5,740 | $849K | Reduce -2.9% |
| EMR Emerson Electric Co. | 0.23% | 6,657 | $838K | Reduce -2.7% |
| GDX Vaneck Gold Miners ETF | 0.23% | 20,449 | $837K | New |
| AEP American Electric Power | 0.23% | 8,171 | $827K | Reduce -1.1% |
| HD Home Depot Inc. | 0.23% | 1,992 | $825K | Reduce -1.6% |
| CVRX CVRX Inc. | 0.22% | 54,836 | $806K | New |
| VXF Vanguard Extended Market ETF | 0.22% | 4,067 | $805K | Reduce -0.1% |
| NEE Nextera Energy Inc. | 0.22% | 11,282 | $789K | Reduce -4.7% |
| ABT Abbott Laboratories | 0.22% | 5,962 | $782K | Reduce -14.3% |
| USMV iShares MSCI USA Min Vol Fac | 0.22% | 8,375 | $778K | No change |
| MPC Marathon Petroleum Corp. | 0.21% | 4,902 | $764K | Reduce -13.1% |
| JEPI JPMorgan Equity Premium Inco | 0.21% | 12,863 | $760K | Add +13.2% |
| VZ Verizon Communications Inc. | 0.21% | 18,703 | $755K | Reduce -9.3% |
| DELL Dell Technologies -C | 0.21% | 6,681 | $741K | Reduce -25.0% |
| PSX Phillips 66 | 0.20% | 5,557 | $720K | Reduce -7.5% |
| HELO JPMorgan Hedged Equity ETF | 0.20% | 11,400 | $718K | New |
| AGG iShares Core U.S. Aggregate | 0.20% | 7,223 | $703K | Reduce -24.9% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.20% | 2,519 | $702K | Reduce -0.2% |
| RTX RTX Corp. | 0.19% | 5,403 | $696K | Reduce -9.1% |
| SBUX Starbucks Corp. | 0.19% | 6,151 | $688K | Reduce -2.9% |
| WFC Wells Fargo & Co. | 0.19% | 8,570 | $684K | Reduce -2.3% |
| CSX CSX Corp. | 0.18% | 19,712 | $652K | Reduce -0.6% |
| IEO iShares U.S. Oil & Gas Explo | 0.18% | 6,690 | $649K | Reduce -65.5% |
| WAL Western Alliance Bancorp | 0.18% | 7,235 | $642K | No change |
| VOOG Vanguard S&P 500 Growth ETF | 0.18% | 1,688 | $640K | Add +7.7% |
Portfolio Sells Q3 2024 → Q4 2024
| PEP Pepsico Inc. | Reduce -70.5% | 0.47% | −1.59 |
| CI The Cigna Group | Reduce -94.2% | 0.07% | −1.51 |
| MU Micron Technology Inc. | Reduce -88.0% | 0.07% | −0.61 |
| UNH Unitedhealth Group Inc. | Reduce -4.3% | 1.98% | −0.53 |
| XLE SS Energy Select Sector | Reduce -54.8% | 0.39% | −0.52 |
| AMD Advanced Micro Devices | Reduce -36.7% | 0.28% | −0.44 |
| IEO iShares U.S. Oil & Gas Explo | Reduce -65.5% | 0.18% | −0.36 |
| XHB SS SPDR S&P Homebldrs ETF | Sold out | 0.00% | −0.34 |
| XME SS SPDR S&P Metals Mining | Reduce -5.7% | 1.47% | −0.30 |
| ULTA Ulta Beauty Inc. | Reduce -70.1% | 0.10% | −0.30 |
| XOM Exxon Mobil Corp. | Reduce -27.9% | 0.49% | −0.30 |
| SMH Vaneck Semiconductor ETF | Reduce -59.0% | 0.16% | −0.27 |
| NVDA Nvidia Corp. | Reduce -3.3% | 5.73% | −0.26 |
| PDBC Invesco Optimum Yield Divers | Sold out | 0.00% | −0.26 |
| MRK Merck & Co. Inc. | Reduce -13.5% | 0.32% | −0.22 |
| EEM iShares MSCI Emerging Market | Sold out | 0.00% | −0.21 |
| IVV iShares Core S&P 500 ETF | Reduce -26.4% | 0.44% | −0.19 |
| LLY Eli Lilly & Co. | Reduce -0.4% | 1.40% | −0.18 |
| VHT Vanguard Health Care ETF | Reduce -46.2% | 0.14% | −0.16 |
| JNJ Johnson & Johnson | Reduce -2.5% | 0.77% | −0.14 |
| QUAL iShares MSCI USA Quality Fac | Reduce -3.3% | 1.06% | −0.12 |
| DELL Dell Technologies -C | Reduce -25.0% | 0.21% | −0.12 |
| AGG iShares Core U.S. Aggregate | Reduce -24.9% | 0.20% | −0.10 |
| COPX Global X Copper Miners ETF | Reduce -22.5% | 0.15% | −0.10 |
| LMT Lockheed Martin Corp. | Reduce -19.8% | 0.13% | −0.10 |
| NEE Nextera Energy Inc. | Reduce -4.7% | 0.22% | −0.09 |
| XEL Xcel Energy Inc. | Sold out | 0.00% | −0.09 |
| INTC Intel Corp. | Sold out | 0.00% | −0.09 |
| IEFA iShares Core MSCI Eafe ETF | Sold out | 0.00% | −0.08 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.08 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.08 |
| FANG Diamondback Energy Inc. | Reduce -20.6% | 0.16% | −0.08 |
| VZ Verizon Communications Inc. | Reduce -9.3% | 0.21% | −0.08 |
| CVX Chevron Corp. | Reduce -10.3% | 0.49% | −0.07 |
| RY Royal Bank of Canada | Reduce -7.8% | 0.27% | −0.07 |
| BND Vanguard Total Bond Market | Reduce -5.9% | 0.32% | −0.07 |
| MPC Marathon Petroleum Corp. | Reduce -13.1% | 0.21% | −0.07 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -39.2% | 0.08% | −0.07 |
| D Dominion Energy Inc. | Reduce -3.6% | 0.34% | −0.07 |
| EOI Eaton Vance Enhanced Eq Incm | Sold out | 0.00% | −0.07 |
| CMCSA Comcast Corp. Class A | Reduce -4.2% | 0.16% | −0.06 |
| VOO Vanguard S&P 500 ETF | Reduce -0.3% | 1.04% | −0.06 |
| TGT Target Corp. | Reduce -12.9% | 0.11% | −0.06 |
| MCD McDonald's Corp. | Reduce -3.8% | 0.38% | −0.05 |
| NZF Nuveen Municipal Credit Inc. | Sold out | 0.00% | −0.05 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -36.6% | 0.07% | −0.05 |
| PFE Pfizer Inc. | Reduce -27.4% | 0.07% | −0.05 |
| AFB Allianceberstein NTL Muni | Sold out | 0.00% | −0.05 |
| VXUS Vanguard Total Intl Stock | Reduce -11.6% | 0.15% | −0.05 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.5% | 0.49% | −0.05 |
Portfolio Buys Q3 2024 → Q4 2024
| FCNCA First Citizens Bcshs Class A | New | 1.49% | +1.49 |
| JPM JPMorgan Chase & Co. | Add +3.6% | 3.20% | +0.57 |
| VTIP Vanguard Short-Term Tips | Add +109.0% | 1.13% | +0.53 |
| JPST JPMorgan Ultra-Short Income | Add +58.8% | 1.75% | +0.50 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +550.3% | 0.60% | +0.50 |
| MS Morgan Stanley | Add +5.4% | 2.32% | +0.46 |
| AMZN Amazon.com Inc. | Add +1.2% | 3.70% | +0.45 |
| WMT Walmart Inc. | Add +1.8% | 3.15% | +0.44 |
| V Visa Inc. Class A | Add +4.2% | 2.48% | +0.41 |
| IHI iShares U.S. Medical Devices | New | 0.40% | +0.40 |
| PULS Pgim Ultra Short Bond ETF | Add +536.9% | 0.36% | +0.30 |
| GBIL Goldman Sachs Access Treasur | Add +490.9% | 0.35% | +0.29 |
| TRV The Travelers Cos Inc. | New | 0.28% | +0.28 |
| MTUM iShares MSCI USA Momentum Fa | Add +42.5% | 0.92% | +0.28 |
| OKLO Oklo Inc. | New | 0.24% | +0.24 |
| GDX Vaneck Gold Miners ETF | New | 0.23% | +0.23 |
| CVRX CVRX Inc. | New | 0.22% | +0.22 |
| HELO JPMorgan Hedged Equity ETF | New | 0.20% | +0.20 |
| DE Deere & Co. | Add +6.8% | 2.09% | +0.19 |
| ROK Rockwell Automation Inc. | Add +10.0% | 1.69% | +0.18 |
| AMGN Amgen Inc. | Add +102.3% | 0.44% | +0.18 |
| UNP Union Pacific Corp. | New | 0.17% | +0.17 |
| META Meta Platforms Inc. Class A | New | 0.17% | +0.17 |
| LOW Lowe's Cos Inc. | New | 0.17% | +0.17 |
| JMST JPM Ultra-Short Muni Income | New | 0.16% | +0.16 |
| XBI SS SPDR S&P Biotech ETF | New | 0.14% | +0.14 |
| RSG Republic Services Inc. | Add +8.4% | 1.88% | +0.14 |
| AMLP Alerian MLP ETF | Add +17.6% | 0.91% | +0.13 |
| AFL Aflac Inc. | New | 0.13% | +0.13 |
| IRM Iron Mountain Inc. | New | 0.13% | +0.13 |
| BX Blackstone Inc. | New | 0.12% | +0.12 |
| MRVL Marvell Technology Inc. | Add +0.7% | 0.43% | +0.12 |
| AEE Ameren Corporation | New | 0.12% | +0.12 |
| GOOG Alphabet Inc. Class C | Add +4.6% | 2.28% | +0.12 |
| QCOM Qualcomm Inc. | New | 0.11% | +0.11 |
| DOV Dover Corp. | New | 0.11% | +0.11 |
| IVW iShares S&P 500 Growth ETF | New | 0.11% | +0.11 |
| PPG PPG Industries Inc. | New | 0.11% | +0.11 |
| TKNO Alpha Teknova Inc. | New | 0.11% | +0.11 |
| NOTVQ Inotiv Inc. | New | 0.10% | +0.10 |
| PNC PNC Financial Services Group | New | 0.10% | +0.10 |
| IWF iShares Russell 1000 Growth | New | 0.10% | +0.10 |
| EXAS Exact Sciences Corp. | New | 0.09% | +0.09 |
| COP Conocophillips | New | 0.09% | +0.09 |
| DXCM Dexcom Inc. | New | 0.09% | +0.09 |
| XSD SS SPDR S&P Semiconductor | New | 0.09% | +0.09 |
| WMB Williams Cos Inc. | New | 0.08% | +0.08 |
| LDOS Leidos Holdings Inc. | New | 0.08% | +0.08 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +66.0% | 0.24% | +0.08 |
| IVE iShares S&P 500 Value ETF | New | 0.08% | +0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 215 | $444.3M | AAPL, NVDA, DFIV, AMZN, JPST |
| Q1 2026 | 153 | $310.3M | NVDA, AAPL, MSFT, AMZN, GOOG |
| Q4 2025 | 214 | $419.0M | NVDA, AAPL, MSFT, DFIV, JPST |
| Q3 2025 | 210 | $410.6M | NVDA, MSFT, AAPL, JPM, AMZN |
| Q2 2025 | 82 | $131.7M | SPYM, SCHD, IUSG, FBND, IJH |
| Q1 2025 | 211 | $354.4M | AAPL, NVDA, MSFT, AMZN, JPM |
| Q4 2024 | 215 | $359.8M | NVDA, AAPL, MSFT, AMZN, JPM |
| Q3 2024 | 160 | $324.8M | NVDA, AAPL, MSFT, AMZN, PG |
| Q2 2024 | 210 | $325.3M | NVDA, MSFT, AAPL, AMZN, PG |
| Q1 2024 | 89 | $209.0M | SMH, UNH, NVDA, AAPL, AMZN |