Tradewinds, LLC.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 29, 2025), Tradewinds, LLC. reported 210 stock positions worth $410.6 million. Its top holding was Nvidia (NVDA) at 6.8% of the portfolio, followed by Microsoft (MSFT, 5.0%) and Apple (AAPL, 5.0%). Compared with Q2 2025, it opened 190 new positions, sold out of 62, added to 11 and reduced 9. The biggest buy was Nvidia (NVDA, shares +9480%) and the biggest sale an exit from Ste STR SPDR PT S&P 500 ETF (SPYM).
- Most Recent 13F
- Q2 2026
- Location
- RALEIGH, NC
- CIK
- 0001932342
- Portfolio Value
- $410.6M (Q3 2025)
- SEC Filing
- 0001932342-25-000004 ↗ filed Oct 29, 2025
Holdings Value
Holdings 210 stocks · $410.6M
| NVDA Nvidia Corp. | 6.81% | 149,924 | $28.0M | Add +9479.8% |
| MSFT Microsoft Corp. | 4.97% | 39,378 | $20.4M | Add +2978.8% |
| AAPL Apple Inc. | 4.96% | 79,973 | $20.4M | Add +2755.2% |
| JPM JPMorgan Chase & Co. | 3.15% | 40,995 | $12.9M | New |
| AMZN Amazon.com Inc. | 3.10% | 57,979 | $12.7M | Add +824.1% |
| DFIV Dimensional International Va | 3.00% | 266,776 | $12.3M | New |
| WMT Walmart Inc. | 2.70% | 107,479 | $11.1M | New |
| GOOG Alphabet Inc. Class C | 2.68% | 45,098 | $11.0M | Add +2134.8% |
| JPST JPMorgan Ultra-Short Income | 2.43% | 196,339 | $10.0M | New |
| MS Morgan Stanley | 2.38% | 61,452 | $9.8M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 2.31% | 18,861 | $9.5M | New |
| V Visa Inc. Class A | 2.09% | 25,083 | $8.6M | New |
| COIN Coinbase Global Inc. Class A | 1.95% | 23,724 | $8.0M | New |
| DASH DoorDash Inc. Class A | 1.93% | 29,089 | $7.9M | New |
| DE Deere & Co. | 1.75% | 15,717 | $7.2M | New |
| RSG Republic Services Inc. | 1.63% | 29,173 | $6.7M | New |
| HON Honeywell International Inc. | 1.63% | 31,791 | $6.7M | New |
| ITW Illinois Tool Works | 1.62% | 25,478 | $6.6M | New |
| BKR Baker Hughes Co. | 1.58% | 133,163 | $6.5M | New |
| BLK BlackRock Inc. | 1.46% | 5,150 | $6.0M | New |
| USFD US Foods Holding Corp. | 1.44% | 77,347 | $5.9M | New |
| MTUM iShares MSCI USA Momentum Fa | 1.42% | 22,685 | $5.8M | New |
| LLY Eli Lilly & Co. | 1.29% | 6,950 | $5.3M | New |
| VTIP Vanguard Short-Term Tips | 1.24% | 100,350 | $5.1M | New |
| GBIL Goldman Sachs Access Treasur | 1.10% | 45,256 | $4.5M | New |
| XME SS SPDR S&P Metals Mining | 1.10% | 48,282 | $4.5M | New |
| FCNCA First Citizens Bcshs Class A | 1.08% | 2,473 | $4.4M | New |
| DFCF Dimensional Core Fixed Inc. | 1.03% | 99,216 | $4.2M | New |
| GOOGL Alphabet Inc. Class A | 1.03% | 17,429 | $4.2M | Add +1206.5% |
| UNH Unitedhealth Group Inc. | 1.01% | 12,043 | $4.2M | New |
| PG The Procter & Gamble Co. | 0.93% | 24,861 | $3.8M | New |
| CAT Caterpillar Inc. | 0.90% | 7,742 | $3.7M | New |
| VOO Vanguard S&P 500 ETF | 0.87% | 5,802 | $3.6M | Add +798.1% |
| JNJ Johnson & Johnson | 0.84% | 18,511 | $3.4M | New |
| DUK Duke Energy Corp. | 0.78% | 25,727 | $3.2M | New |
| VGT Vanguard Info Tech ETF | 0.72% | 3,972 | $3.0M | Add +309.9% |
| ABBV Abbvie Inc. | 0.63% | 11,258 | $2.6M | New |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.63% | 13,818 | $2.6M | New |
| AVGO Broadcom Inc. | 0.62% | 7,711 | $2.5M | New |
| QUAL iShares MSCI USA Quality Fac | 0.62% | 13,008 | $2.5M | Reduce -15.7% |
| SIL Global X Silver Miners ETF | 0.58% | 33,134 | $2.4M | New |
| VTI VG Morningstar TS MKT ETF-US | 0.58% | 7,222 | $2.4M | New |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.56% | 34,143 | $2.3M | New |
| GLD SPDR Gold Shares | 0.54% | 6,198 | $2.2M | Add +516.7% |
| AIQ Global X Art Intel & Tech | 0.53% | 44,398 | $2.2M | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.47% | 4,056 | $1.9M | New |
| AMLP Alerian MLP ETF | 0.46% | 40,283 | $1.9M | New |
| OKLO Oklo Inc. | 0.45% | 16,445 | $1.8M | New |
| TFC Truist Financial Corp. | 0.45% | 40,129 | $1.8M | New |
| PULS Pgim Ultra Short Bond ETF | 0.42% | 34,850 | $1.7M | New |
| XOM Exxon Mobil Corp. | 0.42% | 15,351 | $1.7M | Add +221.1% |
| CVX Chevron Corp. | 0.41% | 10,892 | $1.7M | New |
| IVV iShares Core S&P 500 ETF | 0.41% | 2,518 | $1.7M | Reduce -11.4% |
| VIG Vanguard Dividend Apprec ETF | 0.40% | 7,701 | $1.7M | New |
| PEP Pepsico Inc. | 0.39% | 11,272 | $1.6M | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.38% | 5,588 | $1.6M | New |
| GDX Vaneck Gold Miners ETF | 0.38% | 20,522 | $1.6M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.35% | 28,130 | $1.5M | New |
| FNB FNB Corp. | 0.35% | 89,609 | $1.4M | New |
| D Dominion Energy Inc. | 0.33% | 22,329 | $1.4M | New |
| MCD McDonald's Corp. | 0.31% | 4,241 | $1.3M | New |
| RY Royal Bank of Canada | 0.31% | 8,735 | $1.3M | New |
| VYM Vanguard High DVD Yield ETF | 0.31% | 9,084 | $1.3M | New |
| TRV The Travelers Cos Inc. | 0.28% | 4,164 | $1.2M | New |
| KO The Coca-Cola Co. | 0.27% | 16,674 | $1.1M | New |
| SO The Southern Co. | 0.26% | 11,407 | $1.1M | New |
| CSCO Cisco Systems Inc. | 0.26% | 15,760 | $1.1M | New |
| T AT&T Inc. | 0.25% | 36,803 | $1.0M | New |
| META Meta Platforms Inc. Class A | 0.25% | 1,410 | $1.0M | New |
| COHR Coherent Corp. | 0.25% | 9,557 | $1.0M | New |
| AMGN Amgen Inc. | 0.24% | 3,502 | $988K | New |
| XLE SS Energy Select Sector | 0.24% | 11,041 | $986K | Reduce -41.1% |
| MO Altria Group Inc. | 0.24% | 14,927 | $986K | New |
| TKNO Alpha Teknova Inc. | 0.24% | 156,529 | $969K | New |
| CSX CSX Corp. | 0.23% | 26,323 | $935K | New |
| COST Costco Wholesale Corp. | 0.22% | 974 | $902K | Add +266.2% |
| AEP American Electric Power | 0.22% | 7,982 | $898K | New |
| PM Philip Morris International | 0.22% | 5,533 | $898K | New |
| MPC Marathon Petroleum Corp. | 0.22% | 4,603 | $887K | New |
| EMR Emerson Electric Co. | 0.21% | 6,631 | $870K | New |
| HELO JPMorgan Hedged Equity ETF | 0.21% | 13,254 | $862K | New |
| VZ Verizon Communications Inc. | 0.21% | 19,488 | $857K | New |
| NEE Nextera Energy Inc. | 0.20% | 11,071 | $836K | New |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.20% | 7,577 | $826K | New |
| HD Home Depot Inc. | 0.20% | 2,027 | $821K | New |
| RTX RTX Corp. | 0.20% | 4,881 | $817K | New |
| USMV iShares MSCI USA Min Vol Fac | 0.19% | 8,375 | $797K | New |
| FCNCB First Citizens Bcshs Class B filed as 1ST CITIZENS BANCSHR CLB | 0.19% | 500 | $796K | New |
| ADP Automatic Data Processing | 0.19% | 2,606 | $765K | New |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.19% | 2,476 | $762K | New |
| ABT Abbott Laboratories | 0.19% | 5,685 | $761K | New |
| VXF Vanguard Extended Market ETF | 0.18% | 3,621 | $758K | New |
| CIEN Ciena Corp. | 0.18% | 5,010 | $730K | New |
| WFC Wells Fargo & Co. | 0.18% | 8,637 | $724K | New |
| WM Waste Management Inc. | 0.17% | 3,223 | $712K | New |
| VCR Vanguard Consumer Discre ETF | 0.17% | 1,748 | $693K | New |
| PSX Phillips 66 | 0.17% | 5,063 | $689K | New |
| GD General Dynamics Corp. | 0.16% | 1,891 | $645K | New |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.16% | 12,600 | $643K | New |
| MRK Merck & Co. Inc. | 0.15% | 7,439 | $624K | New |
Portfolio Sells Q2 2025 → Q3 2025
| SPYM Ste STR SPDR PT S&P 500 ETF | Sold out | 0.00% | −11.01 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −7.09 |
| IUSG iShares Core S&P U.S. Growth | Sold out | 0.00% | −4.70 |
| FBND Fidelity Total Bond ETF | Sold out | 0.00% | −3.83 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −3.69 |
| IJH iShares Core S&P Midcap ETF | Reduce -92.3% | 0.10% | −3.64 |
| JEPI JPMorgan Equity Premium Inco | Reduce -87.9% | 0.14% | −3.50 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −3.20 |
| IEFA iShares Core MSCI Eafe ETF | Sold out | 0.00% | −3.15 |
| RSP Invesco S&P 500 Equal Weight | Reduce -92.8% | 0.06% | −2.39 |
| AGG iShares Core U.S. Aggregate | Reduce -83.2% | 0.14% | −2.37 |
| EFV iShares MSCI Eafe Value ETF | Sold out | 0.00% | −2.14 |
| JSI JH Securitized Income ETF | Sold out | 0.00% | −1.88 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Sold out | 0.00% | −1.82 |
| FTHI Fthi/First Trust Exchange-TR | Sold out | 0.00% | −1.71 |
| IVW iShares S&P 500 Growth ETF | Reduce -82.8% | 0.10% | −1.60 |
| QUAL iShares MSCI USA Quality Fac | Reduce -15.7% | 0.62% | −1.53 |
| NFTY First Trust India Nifty 50 E | Sold out | 0.00% | −1.48 |
| MCH Matthews China Active ETF | Sold out | 0.00% | −1.44 |
| IVE iShares S&P 500 Value ETF | Reduce -86.3% | 0.07% | −1.39 |
| ILDR First Trust Innovation Leade | Sold out | 0.00% | −1.31 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −1.30 |
| IYJ iShares U.S. Industrials ETF | Sold out | 0.00% | −1.29 |
| DGRO iShares Core Dividend Growth | Sold out | 0.00% | −1.28 |
| PYLD PIMCO Multisector Bond Actv | Sold out | 0.00% | −1.26 |
| IYH iShares U.S. Healthcare ETF | Sold out | 0.00% | −1.24 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Sold out | 0.00% | −1.22 |
| CIBR First Trust Nasdaq Cybersecu | Sold out | 0.00% | −1.17 |
| AVUV Avantis US Small Cap Value | Sold out | 0.00% | −1.08 |
| IYW iShares Ustechnology ETF | Sold out | 0.00% | −1.07 |
| IAGG iShares Intl Aggregate Bond | Sold out | 0.00% | −1.00 |
| XLE SS Energy Select Sector | Reduce -41.1% | 0.24% | −0.97 |
| IVV iShares Core S&P 500 ETF | Reduce -11.4% | 0.41% | −0.93 |
| GLDM SPDR Gold Minishares Trust | Sold out | 0.00% | −0.92 |
| EFG iShares MSCI Eafe Growth ETF | Sold out | 0.00% | −0.89 |
| XTEN Bondbloxx BBG 10Y US TSY ETF | Sold out | 0.00% | −0.86 |
| THRO iShares U.S. Thematic Rotati | Sold out | 0.00% | −0.81 |
| SCHZ Schwab US Aggregate Bond ETF | Sold out | 0.00% | −0.80 |
| MOAT Vaneck Morningstar Wide Moat | Sold out | 0.00% | −0.77 |
| XLG Invesco S&P 500 Top 50 ETF | Sold out | 0.00% | −0.75 |
| VNLA Janus Henderson Short Durati | Sold out | 0.00% | −0.63 |
| SPMO Invesco S&P 500 Momentum ETF | Sold out | 0.00% | −0.55 |
| IWY iShares Russell Top 200 Grow | Sold out | 0.00% | −0.51 |
| SPLV Invesco S&P 500 Low Volatili | Sold out | 0.00% | −0.44 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.42 |
| RDVY First Trust Rising Dividend | Sold out | 0.00% | −0.40 |
| MBB iShares MBS ETF | Sold out | 0.00% | −0.39 |
| HEFA Isha Curr Hedged MSCI Eafe | Sold out | 0.00% | −0.38 |
| FDL First Trust Morn DVD Lead Inc. | Sold out | 0.00% | −0.36 |
| BAI Ishrs AI in and Tech Act ETF | Sold out | 0.00% | −0.35 |
Portfolio Buys Q2 2025 → Q3 2025
| NVDA Nvidia Corp. | Add +9479.8% | 6.81% | +6.63 |
| AAPL Apple Inc. | Add +2755.2% | 4.96% | +4.52 |
| MSFT Microsoft Corp. | Add +2978.8% | 4.97% | +4.48 |
| JPM JPMorgan Chase & Co. | New | 3.15% | +3.15 |
| DFIV Dimensional International Va | New | 3.00% | +3.00 |
| WMT Walmart Inc. | New | 2.70% | +2.70 |
| JPST JPMorgan Ultra-Short Income | New | 2.43% | +2.43 |
| GOOG Alphabet Inc. Class C | Add +2134.8% | 2.68% | +2.40 |
| MS Morgan Stanley | New | 2.38% | +2.38 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 2.31% | +2.31 |
| V Visa Inc. Class A | New | 2.09% | +2.09 |
| AMZN Amazon.com Inc. | Add +824.1% | 3.10% | +2.06 |
| COIN Coinbase Global Inc. Class A | New | 1.95% | +1.95 |
| DASH DoorDash Inc. Class A | New | 1.93% | +1.93 |
| DE Deere & Co. | New | 1.75% | +1.75 |
| RSG Republic Services Inc. | New | 1.63% | +1.63 |
| HON Honeywell International Inc. | New | 1.63% | +1.63 |
| ITW Illinois Tool Works | New | 1.62% | +1.62 |
| BKR Baker Hughes Co. | New | 1.58% | +1.58 |
| BLK BlackRock Inc. | New | 1.46% | +1.46 |
| USFD US Foods Holding Corp. | New | 1.44% | +1.44 |
| MTUM iShares MSCI USA Momentum Fa | New | 1.42% | +1.42 |
| LLY Eli Lilly & Co. | New | 1.29% | +1.29 |
| VTIP Vanguard Short-Term Tips | New | 1.24% | +1.24 |
| GBIL Goldman Sachs Access Treasur | New | 1.10% | +1.10 |
| XME SS SPDR S&P Metals Mining | New | 1.10% | +1.10 |
| FCNCA First Citizens Bcshs Class A | New | 1.08% | +1.08 |
| DFCF Dimensional Core Fixed Inc. | New | 1.03% | +1.03 |
| UNH Unitedhealth Group Inc. | New | 1.01% | +1.01 |
| PG The Procter & Gamble Co. | New | 0.93% | +0.93 |
| CAT Caterpillar Inc. | New | 0.90% | +0.90 |
| GOOGL Alphabet Inc. Class A | Add +1206.5% | 1.03% | +0.85 |
| JNJ Johnson & Johnson | New | 0.84% | +0.84 |
| DUK Duke Energy Corp. | New | 0.78% | +0.78 |
| ABBV Abbvie Inc. | New | 0.63% | +0.63 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.63% | +0.63 |
| AVGO Broadcom Inc. | New | 0.62% | +0.62 |
| VOO Vanguard S&P 500 ETF | Add +798.1% | 0.87% | +0.59 |
| SIL Global X Silver Miners ETF | New | 0.58% | +0.58 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.58% | +0.58 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 0.56% | +0.56 |
| AIQ Global X Art Intel & Tech | New | 0.53% | +0.53 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.47% | +0.47 |
| AMLP Alerian MLP ETF | New | 0.46% | +0.46 |
| OKLO Oklo Inc. | New | 0.45% | +0.45 |
| TFC Truist Financial Corp. | New | 0.45% | +0.45 |
| PULS Pgim Ultra Short Bond ETF | New | 0.42% | +0.42 |
| CVX Chevron Corp. | New | 0.41% | +0.41 |
| VIG Vanguard Dividend Apprec ETF | New | 0.40% | +0.40 |
| PEP Pepsico Inc. | New | 0.39% | +0.39 |
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 |