Watts Gwilliam & Co., LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 21, 2025), Watts Gwilliam & Co., LLC reported 221 stock positions worth $619.1 million. Its top holding was Nvidia (NVDA) at 23.2% of the portfolio, followed by Microsoft (MSFT, 4.5%) and Apple (AAPL, 3.9%). Compared with Q2 2025, it opened 3 new positions, sold out of 2, added to 67 and reduced 29. The biggest buy was a new position in Paramount Skydance Class B (PSKY) and the biggest sale an exit from Marvell Technology (MRVL).
- Most Recent 13F
- Q3 2025
- Location
- GILBERT, AZ
- CIK
- 0001657733
- Portfolio Value
- $619.1M (Q3 2025)
- SEC Filing
- 0001657733-25-000006 ↗ filed Nov 21, 2025
Holdings Value
Holdings 221 stocks · $619.1M
| NVDA Nvidia Corp. | 23.23% | 770,649 | $143.8M | Reduce -0.1% |
| MSFT Microsoft Corp. | 4.49% | 53,674 | $27.8M | Reduce -0.1% |
| AAPL Apple Inc. | 3.91% | 94,985 | $24.2M | Reduce -1.9% |
| IVE iShares S&P 500 Value ETF | 3.61% | 108,220 | $22.3M | Reduce -0.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.42% | 31,803 | $21.2M | Reduce -0.0% |
| INTC Intel Corp. | 2.71% | 500,243 | $16.8M | Add +0.7% |
| IVW iShares S&P 500 Growth ETF | 2.62% | 134,238 | $16.2M | Add +0.2% |
| META Meta Platforms Inc. Class A | 2.25% | 18,945 | $13.9M | Add +5.2% |
| QUAL iShares MSCI USA Quality Fac | 2.02% | 64,266 | $12.5M | Reduce -0.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.75% | 22,563 | $10.8M | Add +3.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.56% | 51,749 | $9.7M | Add +0.6% |
| AMZN Amazon.com Inc. | 1.54% | 43,559 | $9.6M | Add +2.2% |
| PEP Pepsico Inc. | 1.47% | 64,787 | $9.1M | Add +0.0% |
| GOOG Alphabet Inc. Class C | 1.46% | 37,145 | $9.0M | Reduce -5.7% |
| IWF iShares Russell 1000 Growth | 1.46% | 19,300 | $9.0M | Reduce -0.4% |
| IJR iShares Core S&P Small-Cap E | 1.36% | 70,838 | $8.4M | Add +0.1% |
| AVUV Avantis US Small Cap Value | 1.33% | 82,795 | $8.2M | Add +0.1% |
| VIG Vanguard Dividend Apprec ETF | 1.28% | 36,741 | $7.9M | Add +2.7% |
| QQQ Invesco QQQ Trust Series 1 | 1.10% | 11,295 | $6.8M | Add +0.1% |
| BCPC Balchem Corp. | 1.02% | 42,131 | $6.3M | No change |
| NFLX Netflix Inc. | 0.90% | 4,648 | $5.6M | No change |
| AMGN Amgen Inc. | 0.86% | 18,933 | $5.3M | No change |
| JPM JPMorgan Chase & Co. | 0.85% | 16,711 | $5.3M | No change |
| QLD Proshares Ultra QQQ | 0.79% | 35,862 | $4.9M | Add +1.4% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.73% | 9,256 | $4.5M | Add +0.3% |
| V Visa Inc. Class A | 0.68% | 12,380 | $4.2M | Add +2.1% |
| IJT iShares S&P Small-Cap 600 GR | 0.65% | 28,509 | $4.0M | Reduce -0.4% |
| IWD iShares Russell 1000 Value E | 0.65% | 19,616 | $4.0M | Add +0.2% |
| TLT iShares 20+ Year Treasury BD | 0.64% | 44,350 | $4.0M | Reduce -2.2% |
| ABBV Abbvie Inc. | 0.63% | 16,857 | $3.9M | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 0.62% | 15,732 | $3.8M | Reduce -9.3% |
| ENSG The Ensign Group Inc. | 0.60% | 21,543 | $3.7M | No change |
| AR Antero Resources Corp. | 0.60% | 110,076 | $3.7M | No change |
| GBTC Grayscale Bitcoin Trust ETF | 0.58% | 40,000 | $3.6M | No change |
| VRT Vertiv Holdings Co. Class A | 0.57% | 23,228 | $3.5M | Add +0.4% |
| TSLA Tesla Inc. | 0.53% | 7,446 | $3.3M | No change |
| WMT Walmart Inc. | 0.52% | 31,496 | $3.2M | Add +7.9% |
| AVGO Broadcom Inc. | 0.52% | 9,739 | $3.2M | Add +0.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.50% | 12,190 | $3.1M | No change |
| UBER Uber Technologies Inc. | 0.48% | 30,416 | $3.0M | Reduce -12.9% |
| ONON On Holding AG Class A filed as ON HLDG AG | 0.46% | 66,520 | $2.8M | Reduce -0.1% |
| JAAA Janus Henderson Aaa Clo ETF | 0.45% | 55,274 | $2.8M | Reduce -2.1% |
| LONZ PIMCO Senior Loan Active ETF | 0.44% | 53,484 | $2.7M | Reduce -5.5% |
| GRNY Fundstr Gran SH US LRG Cap | 0.43% | 106,408 | $2.7M | Add +13.0% |
| DDOG Datadog Inc. Class A | 0.41% | 17,832 | $2.5M | Add +0.6% |
| COST Costco Wholesale Corp. | 0.41% | 2,728 | $2.5M | Add +1.0% |
| DXCM Dexcom Inc. | 0.40% | 36,746 | $2.5M | Add +0.6% |
| GS Goldman Sachs Group Inc. | 0.40% | 3,082 | $2.5M | Add +0.2% |
| CMG Chipotle Mexican Grill Inc. | 0.39% | 61,799 | $2.4M | Add +0.5% |
| XLK SS Technology Select Sector | 0.38% | 8,433 | $2.4M | Add +0.0% |
| IHAK iShares Cybersecurity & Tech | 0.37% | 43,431 | $2.3M | No change |
| T AT&T Inc. | 0.34% | 75,611 | $2.1M | Reduce -0.7% |
| ICSH iShares Ultra Short Duration | 0.34% | 42,068 | $2.1M | Reduce -1.4% |
| CVX Chevron Corp. | 0.34% | 13,719 | $2.1M | No change |
| YUM Yum! Brands Inc. | 0.34% | 13,800 | $2.1M | No change |
| CIBR First Trust Nasdaq Cybersecu | 0.33% | 26,666 | $2.0M | Add +1.8% |
| PFE Pfizer Inc. | 0.33% | 79,423 | $2.0M | No change |
| SHOP Shopify Inc. Class A | 0.31% | 12,994 | $1.9M | Reduce -13.1% |
| FDN First Trust DJ Internet Ind | 0.31% | 6,841 | $1.9M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.30% | 3,723 | $1.9M | No change |
| EFA iShares MSCI Eafe ETF | 0.30% | 19,870 | $1.9M | No change |
| HON Honeywell International Inc. | 0.30% | 8,741 | $1.8M | No change |
| PSKY Paramount Skydance Class B | 0.30% | 96,714 | $1.8M | New |
| HD Home Depot Inc. | 0.30% | 4,509 | $1.8M | Add +9.3% |
| XOM Exxon Mobil Corp. | 0.28% | 15,587 | $1.8M | No change |
| XLF SS Financial Select Sector | 0.28% | 32,128 | $1.7M | Add +0.0% |
| MRK Merck & Co. Inc. | 0.27% | 20,042 | $1.7M | No change |
| VOO Vanguard S&P 500 ETF | 0.27% | 2,700 | $1.7M | No change |
| DVY iShares Select Dividend ETF | 0.27% | 11,559 | $1.6M | Add +0.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.27% | 14,335 | $1.6M | No change |
| IVV iShares Core S&P 500 ETF | 0.26% | 2,427 | $1.6M | Add +0.0% |
| KLAC KLA Corp. | 0.26% | 1,498 | $1.6M | No change |
| TNA Dir Dai SML Ca Bul 3X Et-Usd | 0.25% | 33,636 | $1.5M | Add +7.9% |
| CSCO Cisco Systems Inc. | 0.24% | 21,742 | $1.5M | Add +3.5% |
| FCX Freeport-McMoran Inc. | 0.22% | 35,070 | $1.4M | No change |
| MCD McDonald's Corp. | 0.21% | 4,243 | $1.3M | Add +4.3% |
| OPAD Offerpad Solutions Inc. | 0.21% | 309,016 | $1.3M | Reduce -7.3% |
| DGRO iShares Core Dividend Growth | 0.19% | 17,236 | $1.2M | Add +0.1% |
| BOND PIMCO Active Bond Exchange-T | 0.19% | 12,396 | $1.2M | Add +10.6% |
| PLTR Palantir Technologies Inc. Class A | 0.18% | 6,271 | $1.1M | Reduce -1.9% |
| ARM Arm Holdings PLC-ADR | 0.18% | 8,069 | $1.1M | No change |
| AXP American Express Co. | 0.18% | 3,417 | $1.1M | No change |
| GSY Invesco Ultra Short Duration | 0.18% | 22,403 | $1.1M | Add +0.2% |
| MU Micron Technology Inc. | 0.18% | 6,553 | $1.1M | Reduce -1.9% |
| AMD Advanced Micro Devices | 0.18% | 6,717 | $1.1M | Add +6.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.17% | 20,738 | $1.1M | Add +0.0% |
| XLE SS Energy Select Sector | 0.17% | 11,965 | $1.1M | Add +0.2% |
| OKLO Oklo Inc. | 0.17% | 9,469 | $1.1M | Reduce -7.1% |
| ABT Abbott Laboratories | 0.17% | 7,698 | $1.0M | Reduce -3.8% |
| AGG iShares Core U.S. Aggregate | 0.16% | 10,164 | $1.0M | No change |
| SRE Sempra | 0.16% | 10,732 | $966K | No change |
| QCOM Qualcomm Inc. | 0.15% | 5,699 | $948K | Reduce -8.9% |
| UPS United Parcel Service Class B | 0.15% | 11,321 | $946K | Reduce -0.9% |
| FDX FedEx Corp. | 0.15% | 3,973 | $937K | Add +1.3% |
| LMT Lockheed Martin Corp. | 0.14% | 1,785 | $891K | Add +0.3% |
| GSLC Goldman Activebeta US LC ETF | 0.14% | 6,741 | $878K | Add +11.8% |
| GINN Goldman Sachs Innovate Eqty | 0.14% | 11,783 | $870K | No change |
| CELH Celsius Holdings Inc. | 0.14% | 14,862 | $854K | No change |
| ET Energy Transfer LP | 0.14% | 48,732 | $836K | No change |
| LLY Eli Lilly & Co. | 0.13% | 1,083 | $826K | No change |
Options reported separately and not counted above: SPY puts ($499K), AVXL calls ($126K), INTC puts ($32K), NVDA puts ($23K), T puts ($7K), SMH puts ($6K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $592 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BRISTOL MYERS - CELGENE CVR | RIGHT 12/30/2030 | 20,000 | $592 | No change |
Total filed on the 13F, all lines: $619.1M.
Portfolio Sells Q2 2025 → Q3 2025
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.39 |
| GOOG Alphabet Inc. Class C | Reduce -5.7% | 1.46% | −0.17 |
| GOOGL Alphabet Inc. Class A | Reduce -9.3% | 0.62% | −0.10 |
| UBER Uber Technologies Inc. | Reduce -12.9% | 0.48% | −0.06 |
| SHOP Shopify Inc. Class A | Reduce -13.1% | 0.31% | −0.06 |
| ONON On Holding AG Class A | Reduce -0.1% | 0.46% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.0% | 3.42% | −0.04 |
| PSA Public Storage | Sold out | 0.00% | −0.04 |
| LONZ PIMCO Senior Loan Active ETF | Reduce -5.5% | 0.44% | −0.03 |
| IVE iShares S&P 500 Value ETF | Reduce -0.2% | 3.61% | −0.03 |
| OPAD Offerpad Solutions Inc. | Reduce -7.3% | 0.21% | −0.03 |
| TLT iShares 20+ Year Treasury BD | Reduce -2.2% | 0.64% | −0.02 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -0.4% | 0.65% | −0.02 |
| T AT&T Inc. | Reduce -0.7% | 0.34% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -8.9% | 0.15% | −0.02 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -2.1% | 0.45% | −0.02 |
| IWF iShares Russell 1000 Growth | Reduce -0.4% | 1.46% | −0.02 |
| QUAL iShares MSCI USA Quality Fac | Reduce -0.4% | 2.02% | −0.02 |
| SBUX Starbucks Corp. | Reduce -15.2% | 0.06% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -8.0% | 0.08% | −0.01 |
| ABT Abbott Laboratories | Reduce -3.8% | 0.17% | −0.01 |
| ICSH iShares Ultra Short Duration | Reduce -1.4% | 0.34% | −0.01 |
| MU Micron Technology Inc. | Reduce -1.9% | 0.18% | −0.01 |
| UPS United Parcel Service Class B | Reduce -0.9% | 0.15% | −0.01 |
| OKLO Oklo Inc. | Reduce -7.1% | 0.17% | −0.00 |
| VNQ Vanguard Real Estate ETF | Reduce -1.0% | 0.08% | −0.00 |
| CPT Camden Property Trust | Reduce -0.8% | 0.08% | −0.00 |
| PLTR Palantir Technologies Inc. Class A | Reduce -1.9% | 0.18% | −0.00 |
| MSFT Microsoft Corp. | Reduce -0.1% | 4.49% | +0.00 |
| AAPL Apple Inc. | Reduce -1.9% | 3.91% | +0.12 |
| NVDA Nvidia Corp. | Reduce -0.1% | 23.23% | +0.89 |
Portfolio Buys Q2 2025 → Q3 2025
| PSKY Paramount Skydance Class B | New | 0.30% | +0.30 |
| INTC Intel Corp. | Add +0.7% | 2.71% | +0.22 |
| LDUR PIMCO Enhanced Low Duration | New | 0.06% | +0.06 |
| GRNY Fundstr Gran SH US LRG Cap | Add +13.0% | 0.43% | +0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +3.2% | 1.75% | +0.04 |
| UTG Reaves Utility Income Fund | New | 0.03% | +0.03 |
| WMT Walmart Inc. | Add +7.9% | 0.52% | +0.03 |
| VRT Vertiv Holdings Co. Class A | Add +0.4% | 0.57% | +0.03 |
| APP AppLovin Corp. Class A | Add +20.0% | 0.07% | +0.02 |
| ABBV Abbvie Inc. | Add +0.2% | 0.63% | +0.02 |
| BOND PIMCO Active Bond Exchange-T | Add +10.6% | 0.19% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +2.7% | 1.28% | +0.01 |
| GLD SPDR Gold Shares | Add +24.9% | 0.06% | +0.01 |
| GSLC Goldman Activebeta US LC ETF | Add +11.8% | 0.14% | +0.01 |
| AMD Advanced Micro Devices | Add +6.9% | 0.18% | +0.01 |
| HD Home Depot Inc. | Add +9.3% | 0.30% | +0.01 |
| DDOG Datadog Inc. Class A | Add +0.6% | 0.41% | +0.01 |
| QLD Proshares Ultra QQQ | Add +1.4% | 0.79% | +0.01 |
| V Visa Inc. Class A | Add +2.1% | 0.68% | +0.01 |
| MCD McDonald's Corp. | Add +4.3% | 0.21% | +0.01 |
| ISRG Intuitive Surgical Inc. | Add +6.0% | 0.10% | +0.01 |
| LMT Lockheed Martin Corp. | Add +0.3% | 0.14% | +0.01 |
| FDX FedEx Corp. | Add +1.3% | 0.15% | +0.01 |
| TNA Dir Dai SML Ca Bul 3X Et-Usd | Add +7.9% | 0.25% | +0.00 |
| PANW Palo Alto Networks Inc. | Add +9.1% | 0.07% | +0.00 |
| CSCO Cisco Systems Inc. | Add +3.5% | 0.24% | +0.00 |
| XLK SS Technology Select Sector | Add +0.0% | 0.38% | +0.00 |
| TGT Target Corp. | Add +4.0% | 0.04% | +0.00 |
| TQQQ Proshares Ultrapro QQQ | Add +0.0% | 0.11% | +0.00 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +0.0% | 0.05% | +0.00 |
| USMV iShares MSCI USA Min Vol Fac | Add +0.2% | 0.05% | 0.00 |
| DVY iShares Select Dividend ETF | Add +0.4% | 0.27% | −0.00 |
| IWB iShares Russell 1000 ETF | Add +0.1% | 0.04% | −0.00 |
| AIG American International Group | Add +0.0% | 0.08% | −0.00 |
| IYY iShares Dow Jones U.S. ETF | Add +0.1% | 0.08% | −0.00 |
| VEA Vanguard Ftse Developed ETF | Add +0.1% | 0.05% | −0.00 |
| DGRO iShares Core Dividend Growth | Add +0.1% | 0.19% | −0.00 |
| IJH iShares Core S&P Midcap ETF | Add +0.0% | 0.04% | −0.00 |
| DFAS Dimensional US Small Cap ETF | Add +0.1% | 0.04% | −0.00 |
| PLD Prologis Inc. | Add +0.1% | 0.07% | −0.00 |
| DGRW Wisdomtree U.S. Quality Divi | Add +0.1% | 0.09% | −0.00 |
| IYF iShares US Financials ETF | Add +0.0% | 0.11% | −0.00 |
| IVV iShares Core S&P 500 ETF | Add +0.0% | 0.26% | −0.00 |
| IWN iShares Russell 2000 Value E | Add +0.1% | 0.09% | −0.00 |
| APLE Apple Hospitality REIT Inc. | Add +2.1% | 0.06% | −0.00 |
| GSY Invesco Ultra Short Duration | Add +0.2% | 0.18% | −0.00 |
| XLE SS Energy Select Sector | Add +0.2% | 0.17% | −0.00 |
| IJS iShares S&P Small-Cap 600 Va | Add +0.1% | 0.11% | −0.00 |
| IBIT iShares Bitcoin Trust ETF | Add +0.7% | 0.10% | −0.00 |
| CIBR First Trust Nasdaq Cybersecu | Add +1.8% | 0.33% | −0.00 |
Options Activity Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 81,500 | $499K |
| INTC Intel Corp. | put | Add +15.7% | 43,400 | $32K |
| NVDA Nvidia Corp. | put | Reduce -49.5% | 16,000 | $23K |
| SMH Vaneck Semiconductor ETF | put | New | 11,500 | $6K |
| PEP Pepsico Inc. | put | Sold out | 61,300 | $6before exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 221 | $619.1M | NVDA, MSFT, AAPL, IVE, SPY |
| Q2 2025 | 220 | $609.1M | NVDA, MSFT, AAPL, IVE, SPY |
| Q1 2025 | 204 | $460.8M | NVDA, AAPL, SPY, IVE, MSFT |
| Q4 2024 | 207 | $473.2M | NVDA, AAPL, SPY, MSFT, IVE |
| Q3 2024 | 200 | $458.3M | NVDA, AAPL, SPY, MSFT, IVE |
| Q1 2024 | 174 | $323.5M | NVDA, INTC, SPY, MSFT, AAPL |