Tradewinds, LLC.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Tradewinds, LLC. reported 214 stock positions worth $419.0 million. Its top holding was Nvidia (NVDA) at 5.7% of the portfolio, followed by Apple (AAPL, 5.0%) and Microsoft (MSFT, 4.4%). Compared with Q3 2025, it opened 11 new positions, sold out of 7, added to 54 and reduced 112. The biggest buy was Dimensional Core Fixed (DFCF, shares +118%) and the biggest sale Nvidia (NVDA, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- RALEIGH, NC
- CIK
- 0001932342
- Portfolio Value
- $419.0M (Q4 2025)
- SEC Filing
- 0001932342-26-000001 ↗ filed Feb 13, 2026
Holdings Value
Holdings 214 stocks · $419.0M
| NVDA Nvidia Corp. | 5.68% | 127,657 | $23.8M | Reduce -14.8% |
| AAPL Apple Inc. | 5.05% | 77,814 | $21.2M | Reduce -2.7% |
| MSFT Microsoft Corp. | 4.45% | 38,521 | $18.6M | Reduce -2.2% |
| DFIV Dimensional International Va | 3.32% | 278,885 | $13.9M | Add +4.5% |
| JPST JPMorgan Ultra-Short Income | 3.29% | 272,740 | $13.8M | Add +38.9% |
| AMZN Amazon.com Inc. | 3.11% | 56,480 | $13.0M | Reduce -2.6% |
| JPM JPMorgan Chase & Co. | 2.87% | 37,296 | $12.0M | Reduce -9.0% |
| GOOG Alphabet Inc. Class C | 2.76% | 36,791 | $11.5M | Reduce -18.4% |
| WMT Walmart Inc. | 2.55% | 95,846 | $10.7M | Reduce -10.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.27% | 18,924 | $9.5M | Add +0.3% |
| MS Morgan Stanley | 2.27% | 53,559 | $9.5M | Reduce -12.8% |
| DFCF Dimensional Core Fixed Inc. | 2.20% | 216,388 | $9.2M | Add +118.1% |
| GBIL Goldman Sachs Access Treasur | 2.15% | 90,144 | $9.0M | Add +99.2% |
| V Visa Inc. Class A | 2.13% | 25,424 | $8.9M | Add +1.4% |
| LLY Eli Lilly & Co. | 1.79% | 6,982 | $7.5M | Add +0.5% |
| DE Deere & Co. | 1.77% | 15,905 | $7.4M | Add +1.2% |
| ITW Illinois Tool Works | 1.62% | 27,629 | $6.8M | Add +8.4% |
| DASH DoorDash Inc. Class A | 1.62% | 29,996 | $6.8M | Add +3.1% |
| HON Honeywell International Inc. | 1.62% | 34,694 | $6.8M | Add +9.1% |
| RSG Republic Services Inc. | 1.56% | 30,849 | $6.5M | Add +5.8% |
| BKR Baker Hughes Co. | 1.49% | 137,025 | $6.2M | Add +2.9% |
| USFD US Foods Holding Corp. | 1.48% | 82,238 | $6.2M | Add +6.3% |
| BLK BlackRock Inc. | 1.46% | 5,703 | $6.1M | Add +10.7% |
| COIN Coinbase Global Inc. Class A | 1.34% | 24,766 | $5.6M | Add +4.4% |
| GOOGL Alphabet Inc. Class A | 1.30% | 17,358 | $5.4M | Reduce -0.4% |
| FCNCA First Citizens Bcshs Class A | 1.27% | 2,473 | $5.3M | No change |
| MTUM iShares MSCI USA Momentum Fa | 1.24% | 20,680 | $5.2M | Reduce -8.8% |
| XME SS SPDR S&P Metals Mining | 1.21% | 48,968 | $5.1M | Add +1.4% |
| CAT Caterpillar Inc. | 1.05% | 7,668 | $4.4M | Reduce -1.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.02% | 22,488 | $4.3M | Add +62.7% |
| UNH Unitedhealth Group Inc. | 0.93% | 11,850 | $3.9M | Reduce -1.6% |
| JNJ Johnson & Johnson | 0.90% | 18,308 | $3.8M | Reduce -1.1% |
| VOO Vanguard S&P 500 ETF | 0.87% | 5,791 | $3.6M | Reduce -0.2% |
| PG The Procter & Gamble Co. | 0.83% | 24,371 | $3.5M | Reduce -2.0% |
| DUK Duke Energy Corp. | 0.72% | 25,758 | $3.0M | Add +0.1% |
| VGT Vanguard Info Tech ETF | 0.71% | 3,957 | $3.0M | Reduce -0.4% |
| AVGO Broadcom Inc. | 0.64% | 7,701 | $2.7M | Reduce -0.1% |
| QUAL iShares MSCI USA Quality Fac | 0.62% | 13,135 | $2.6M | Add +1.0% |
| ABBV Abbvie Inc. | 0.61% | 11,148 | $2.5M | Reduce -1.0% |
| SIL Global X Silver Miners ETF | 0.60% | 30,285 | $2.5M | Reduce -8.6% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.58% | 33,322 | $2.4M | Reduce -2.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.57% | 7,109 | $2.4M | Reduce -1.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.49% | 4,207 | $2.1M | Add +3.7% |
| TFC Truist Financial Corp. | 0.47% | 39,767 | $2.0M | Reduce -0.9% |
| GLD SPDR Gold Shares | 0.46% | 4,838 | $1.9M | Reduce -21.9% |
| XOM Exxon Mobil Corp. | 0.43% | 15,105 | $1.8M | Reduce -1.6% |
| COHR Coherent Corp. | 0.42% | 9,557 | $1.8M | No change |
| GDX Vaneck Gold Miners ETF | 0.42% | 20,460 | $1.8M | Reduce -0.3% |
| VIG Vanguard Dividend Apprec ETF | 0.42% | 7,918 | $1.7M | Add +2.8% |
| CVX Chevron Corp. | 0.41% | 11,400 | $1.7M | Add +4.7% |
| COPX Global X Copper Miners ETF | 0.41% | 24,105 | $1.7M | Add +390.2% |
| PULS Pgim Ultra Short Bond ETF | 0.41% | 34,790 | $1.7M | Reduce -0.2% |
| IVV iShares Core S&P 500 ETF | 0.40% | 2,467 | $1.7M | Reduce -2.0% |
| AMLP Alerian MLP ETF | 0.39% | 35,031 | $1.6M | Reduce -13.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.39% | 5,529 | $1.6M | Reduce -1.1% |
| PEP Pepsico Inc. | 0.37% | 10,815 | $1.6M | Reduce -4.0% |
| FNB FNB Corp. | 0.37% | 89,609 | $1.5M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.36% | 27,355 | $1.5M | Reduce -2.8% |
| RY Royal Bank of Canada | 0.35% | 8,485 | $1.4M | Reduce -2.9% |
| VYM Vanguard High DVD Yield ETF | 0.31% | 9,092 | $1.3M | Add +0.1% |
| MCD McDonald's Corp. | 0.30% | 4,145 | $1.3M | Reduce -2.3% |
| TRV The Travelers Cos Inc. | 0.29% | 4,251 | $1.2M | Add +2.1% |
| VTIP Vanguard Short-Term Tips | 0.29% | 24,799 | $1.2M | Reduce -75.3% |
| CSCO Cisco Systems Inc. | 0.28% | 15,388 | $1.2M | Reduce -2.4% |
| CIEN Ciena Corp. | 0.28% | 5,010 | $1.2M | No change |
| KO The Coca-Cola Co. | 0.28% | 16,676 | $1.2M | Add +0.0% |
| D Dominion Energy Inc. | 0.27% | 19,441 | $1.1M | Reduce -12.9% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.27% | 26,660 | $1.1M | New |
| AMGN Amgen Inc. | 0.24% | 3,105 | $1.0M | Reduce -11.3% |
| SO The Southern Co. | 0.24% | 11,528 | $1.0M | Add +1.1% |
| XLE SS Energy Select Sector | 0.23% | 21,830 | $976K | Reduce -1.1% |
| NEE Nextera Energy Inc. | 0.23% | 12,012 | $964K | Add +8.5% |
| CSX CSX Corp. | 0.22% | 25,981 | $942K | Reduce -1.3% |
| META Meta Platforms Inc. Class A | 0.22% | 1,415 | $934K | Add +0.3% |
| AEP American Electric Power | 0.22% | 7,815 | $901K | Reduce -2.1% |
| T AT&T Inc. | 0.21% | 36,275 | $901K | Reduce -1.4% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.21% | 7,712 | $895K | Add +1.8% |
| PM Philip Morris International | 0.21% | 5,550 | $890K | Add +0.3% |
| HELO JPMorgan Hedged Equity ETF | 0.21% | 13,254 | $880K | No change |
| FCNCB First Citizens Bcshs Class B filed as 1ST CITIZENS BANCSHR CLB | 0.21% | 500 | $880K | No change |
| EMR Emerson Electric Co. | 0.21% | 6,621 | $879K | Reduce -0.1% |
| RTX RTX Corp. | 0.21% | 4,702 | $862K | Reduce -3.7% |
| OKLO Oklo Inc. | 0.20% | 11,696 | $839K | Reduce -28.9% |
| MO Altria Group Inc. | 0.20% | 14,520 | $837K | Reduce -2.7% |
| COST Costco Wholesale Corp. | 0.19% | 935 | $806K | Reduce -4.0% |
| VXF Vanguard Extended Market ETF | 0.19% | 3,818 | $798K | Add +5.4% |
| WFC Wells Fargo & Co. | 0.19% | 8,527 | $795K | Reduce -1.3% |
| USMV iShares MSCI USA Min Vol Fac | 0.19% | 8,375 | $789K | No change |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.19% | 2,465 | $776K | Reduce -0.4% |
| MRK Merck & Co. Inc. | 0.18% | 7,263 | $764K | Reduce -2.4% |
| MPC Marathon Petroleum Corp. | 0.18% | 4,604 | $749K | Add +0.0% |
| HD Home Depot Inc. | 0.18% | 2,147 | $739K | Add +5.9% |
| ABT Abbott Laboratories | 0.17% | 5,666 | $710K | Reduce -0.3% |
| VZ Verizon Communications Inc. | 0.16% | 16,964 | $691K | Reduce -12.9% |
| WM Waste Management Inc. | 0.16% | 3,065 | $673K | Reduce -4.9% |
| VCR Vanguard Consumer Discre ETF | 0.16% | 1,702 | $670K | Reduce -2.6% |
| ADP Automatic Data Processing | 0.15% | 2,492 | $641K | Reduce -4.4% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.15% | 12,580 | $641K | Reduce -0.2% |
| UNP Union Pacific Corp. | 0.15% | 2,761 | $639K | Add +17.5% |
| VOOG Vanguard S&P 500 Growth ETF | 0.15% | 1,423 | $633K | Add +1.5% |
Portfolio Sells Q3 2025 → Q4 2025
| NVDA Nvidia Corp. | Reduce -14.8% | 5.68% | −1.13 |
| VTIP Vanguard Short-Term Tips | Reduce -75.3% | 0.29% | −0.94 |
| MSFT Microsoft Corp. | Reduce -2.2% | 4.45% | −0.52 |
| AIQ Global X Art Intel & Tech | Reduce -91.0% | 0.05% | −0.49 |
| JPM JPMorgan Chase & Co. | Reduce -9.0% | 2.87% | −0.28 |
| OKLO Oklo Inc. | Reduce -28.9% | 0.20% | −0.25 |
| TKNO Alpha Teknova Inc. | Reduce -68.8% | 0.04% | −0.19 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -8.8% | 1.24% | −0.18 |
| WMT Walmart Inc. | Reduce -10.8% | 2.55% | −0.15 |
| MS Morgan Stanley | Reduce -12.8% | 2.27% | −0.11 |
| PG The Procter & Gamble Co. | Reduce -2.0% | 0.83% | −0.10 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.09 |
| STIM Neuronetics Inc. | Reduce -73.7% | 0.01% | −0.08 |
| UNH Unitedhealth Group Inc. | Reduce -1.6% | 0.93% | −0.08 |
| GLD SPDR Gold Shares | Reduce -21.9% | 0.46% | −0.08 |
| AMLP Alerian MLP ETF | Reduce -13.0% | 0.39% | −0.07 |
| FUL H.B. Fuller Co. | Sold out | 0.00% | −0.06 |
| D Dominion Energy Inc. | Reduce -12.9% | 0.27% | −0.06 |
| NET Cloudflare Inc. Class A | Sold out | 0.00% | −0.05 |
| LIN Linde PLC | Sold out | 0.00% | −0.05 |
| INTU Intuit Inc. | Reduce -27.1% | 0.10% | −0.05 |
| VZ Verizon Communications Inc. | Reduce -12.9% | 0.16% | −0.04 |
| MO Altria Group Inc. | Reduce -2.7% | 0.20% | −0.04 |
| T AT&T Inc. | Reduce -1.4% | 0.21% | −0.04 |
| EOG EOG Resources Inc. | Reduce -30.5% | 0.06% | −0.04 |
| FLO Flowers Foods Inc. | Sold out | 0.00% | −0.03 |
| NOTVQ Inotiv Inc. | Sold out | 0.00% | −0.03 |
| ADP Automatic Data Processing | Reduce -4.4% | 0.15% | −0.03 |
| AIRS Airsculpt Technologies Inc. | Sold out | 0.00% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -4.0% | 0.19% | −0.03 |
| ABBV Abbvie Inc. | Reduce -1.0% | 0.61% | −0.03 |
| GD General Dynamics Corp. | Reduce -13.9% | 0.13% | −0.03 |
| KMB Kimberly-Clark Corp. | Reduce -1.7% | 0.09% | −0.03 |
| WAL Western Alliance Bancorp | Reduce -14.2% | 0.10% | −0.02 |
| DHI D.R. Horton Inc. | Reduce -13.3% | 0.05% | −0.02 |
| PANW Palo Alto Networks Inc. | Reduce -9.3% | 0.09% | −0.02 |
| PSX Phillips 66 | Reduce -5.5% | 0.15% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -9.4% | 0.06% | −0.02 |
| MRSH Marsh & McLennan Cos | Reduce -13.5% | 0.06% | −0.02 |
| ABT Abbott Laboratories | Reduce -0.3% | 0.17% | −0.02 |
| PEP Pepsico Inc. | Reduce -4.0% | 0.37% | −0.02 |
| LOW Lowe's Cos Inc. | Reduce -5.3% | 0.12% | −0.01 |
| BX Blackstone Inc. | Reduce -0.6% | 0.10% | −0.01 |
| SBUX Starbucks Corp. | Reduce -8.5% | 0.11% | −0.01 |
| GPC Genuine Parts Co. | Reduce -4.7% | 0.07% | −0.01 |
| OKE Oneok Inc. | Reduce -11.4% | 0.09% | −0.01 |
| WM Waste Management Inc. | Reduce -4.9% | 0.16% | −0.01 |
| DGX Quest Diagnostics Inc. | Reduce -6.5% | 0.06% | −0.01 |
| MCD McDonald's Corp. | Reduce -2.3% | 0.30% | −0.01 |
| PULS Pgim Ultra Short Bond ETF | Reduce -0.2% | 0.41% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| DFCF Dimensional Core Fixed Inc. | Add +118.1% | 2.20% | +1.16 |
| GBIL Goldman Sachs Access Treasur | Add +99.2% | 2.15% | +1.05 |
| JPST JPMorgan Ultra-Short Income | Add +38.9% | 3.29% | +0.87 |
| LLY Eli Lilly & Co. | Add +0.5% | 1.79% | +0.50 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +62.7% | 1.02% | +0.40 |
| COPX Global X Copper Miners ETF | Add +390.2% | 0.41% | +0.34 |
| DFIV Dimensional International Va | Add +4.5% | 3.32% | +0.32 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.27% | +0.27 |
| XME SS SPDR S&P Metals Mining | Add +1.4% | 1.21% | +0.11 |
| AA Alcoa Corp. | New | 0.08% | +0.08 |
| COF Capital One Financial Corp. | New | 0.07% | +0.07 |
| AMD Advanced Micro Devices | New | 0.06% | +0.06 |
| SLV iShares Silver Trust | New | 0.05% | +0.05 |
| CB Chubb Ltd. | New | 0.05% | +0.05 |
| GSK GSK PLC-Spon ADR | New | 0.05% | +0.05 |
| EIX Edison International | New | 0.05% | +0.05 |
| ETN Eaton Corp. PLC | New | 0.05% | +0.05 |
| ACGL Arch Capital Group Ltd. | New | 0.05% | +0.05 |
| V Visa Inc. Class A | Add +1.4% | 2.13% | +0.04 |
| USFD US Foods Holding Corp. | Add +6.3% | 1.48% | +0.03 |
| NEE Nextera Energy Inc. | Add +8.5% | 0.23% | +0.03 |
| VEA Vanguard Ftse Developed ETF | Add +40.4% | 0.09% | +0.03 |
| AFL Aflac Inc. | Add +23.1% | 0.14% | +0.02 |
| VXUS Vanguard Total Intl Stock | Add +23.5% | 0.11% | +0.02 |
| HSY The Hershey Co. | Add +27.8% | 0.10% | +0.02 |
| UNP Union Pacific Corp. | Add +17.5% | 0.15% | +0.02 |
| DE Deere & Co. | Add +1.2% | 1.77% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +3.7% | 0.49% | +0.02 |
| SMH Vaneck Semiconductor ETF | Add +9.9% | 0.09% | +0.01 |
| BNY Bank of New York Mellon Corp. | Add +1.8% | 0.21% | +0.01 |
| NB Niocorp Developments Ltd. | New | 0.01% | +0.01 |
| ED Consolidated Edison Inc. | Add +23.0% | 0.08% | +0.01 |
| AXP American Express Co. | Add +4.1% | 0.09% | +0.01 |
| TRV The Travelers Cos Inc. | Add +2.1% | 0.29% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +2.8% | 0.42% | +0.01 |
| KO The Coca-Cola Co. | Add +0.0% | 0.28% | +0.01 |
| DHR Danaher Corp. | Add +2.1% | 0.06% | +0.01 |
| QUAL iShares MSCI USA Quality Fac | Add +1.0% | 0.62% | +0.01 |
| ITW Illinois Tool Works | Add +8.4% | 1.62% | +0.01 |
| VXF Vanguard Extended Market ETF | Add +5.4% | 0.19% | +0.01 |
| CVX Chevron Corp. | Add +4.7% | 0.41% | +0.00 |
| VOOG Vanguard S&P 500 Growth ETF | Add +1.5% | 0.15% | +0.00 |
| TEL Te Connectivity PLC | Add +0.4% | 0.06% | +0.00 |
| UL Unilever PLC-Sponsored ADR | Add +4.0% | 0.05% | −0.00 |
| VYM Vanguard High DVD Yield ETF | Add +0.1% | 0.31% | −0.00 |
| JEPI JPMorgan Equity Premium Inco | Add +0.3% | 0.14% | −0.00 |
| BND Vanguard Total Bond Market | Add +0.1% | 0.11% | −0.00 |
| LHX L3HARRIS Technologies Inc. | Add +0.6% | 0.05% | −0.00 |
| ICE Intercontinental Exchange Inc. | Add +0.8% | 0.06% | −0.00 |
| CMCSA Comcast Corp. Class A | Add +0.6% | 0.06% | −0.00 |
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 |