NDWM LLC
CIK 1818386 · View on SEC EDGAR ↗
- Portfolio value
- $170.2M
- Positions
- 39
- As of
- June 30, 2026
#6,982 of 9,443 by 13F value · top 73.9%
Portfolio value QoQ: +10.4% 13F does not disclose cash
- Top 10 holdings weight
- 74.11%
- Top 25 holdings weight
- 96.98%
- Positions above 1%
- 19
- Effective number of positions
- 8.8
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 3.92% Est. buys $8,978,392 · sells $6,359,542
Median holding: 6.0 quarters Tracked Q4 2024–Q2 2026 · 79.6% still held
- New positions
- 4
- Increased
- 24
- Decreased
- 8
- Closed
- 3
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
0.9%
Consumer Discretionary
0.8%
Industrials
0.4%
Communication Services
0.4%
Healthcare
0.2%
Other/Unmapped
97.4%
Full portfolio 39 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| IVV | $48,909,617 | 28.73% | 65,309 | $6,538,565 | Up ×1 | ||
| RSP | $16,387,756 | 9.63% | 77,021 | $3,064,354 | Up ×3 | ||
| AGG | $12,653,599 | 7.43% | 127,840 | $827,605 | Up ×6 | ||
| BILS | $9,758,838 | 5.73% | 98,197 | $-1,387,942 | Down ×3 | ||
| GLD | $8,083,362 | 4.75% | 21,943 | $-1,208,320 | Up ×6 | ||
| SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | $7,561,093 | 4.44% | 150,111 | $1,061,914 | Up ×4 | ||
| SPY SPY | $6,917,981 | 4.06% | 9,264 | $-312,385 | Down ×2 | ||
| VLUE | $5,390,035 | 3.17% | 26,976 | $1,795,446 | Up ×1 | ||
| CMF | $5,314,358 | 3.12% | 92,199 | $164,003 | Up ×3 | ||
| EEM | $5,173,577 | 3.04% | 75,626 | $1,011,822 | Up ×3 | ||
| ACWX iShares MSCI ACWI ex U.S. ETF | $4,791,388 | 2.81% | 62,953 | $662,647 | Up ×1 | ||
| IWM | $4,703,485 | 2.76% | 15,655 | $1,112,429 | Up ×1 | ||
| CALI iShares Short-Term California Muni Active ETF | $4,486,114 | 2.64% | 88,772 | $258,557 | Up ×4 | ||
| VTEC | $4,353,923 | 2.56% | 43,280 | $212,140 | Up ×4 | ||
| BIL | $3,445,254 | 2.02% | 37,596 | $-880,459 | Down ×3 | ||
| XLK XLK | $2,756,916 | 1.62% | 14,470 | $834,435 | Up ×1 | ||
| BRKB | $2,501,450 | 1.47% | 4,999 | $120,305 | Up ×1 | ||
| SUB | $2,123,561 | 1.25% | 19,945 | $29,463 | Up ×2 | ||
| MUB | $2,102,891 | 1.24% | 19,540 | $-12,520 | Down ×1 | ||
| SHY iShares 1-3 Year Treasury Bond ETF | $1,515,298 | 0.89% | 18,454 | $267,927 | Up ×1 | ||
| QQQ Invesco QQQ Trust, Series 1 | $1,513,373 | 0.89% | 2,055 | $326,747 | Down ×3 | ||
| TSLA Tesla, Inc. - Common Stock | $1,321,105 | 0.78% | 3,141 | $154,553 | Up ×1 | ||
| IEI iShares 3-7 Year Treasury Bond ETF | $1,132,883 | 0.67% | 9,646 | $686,388 | Up ×5 | ||
| SPYD | $1,118,852 | 0.66% | 23,451 | $407,248 | Up ×5 | ||
| AAPL Apple Inc. - Common Stock | $1,059,929 | 0.62% | 3,663 | $163,629 | Up ×1 | ||
| IEF iShares 7-10 Year Treasury Bond ETF | $1,055,670 | 0.62% | 11,163 | Up ×1 | |||
| NTSX | $699,692 | 0.41% | 11,849 | $76,608 | Down ×3 | ||
| SHYG | $456,693 | 0.27% | 10,769 | $-630,303 | Down ×1 | ||
| CAT Caterpillar, Inc. Common Stock | $417,441 | 0.25% | 392 | $139,725 | |||
| GOOGL Alphabet Inc. - Class A Common Stock | $388,956 | 0.23% | 1,088 | $104,191 | Up ×2 | ||
| VOO | $375,490 | 0.22% | 547 | ||||
| MSFT Microsoft Corporation - Common Stock | $292,448 | 0.17% | 784 | $24,815 | Up ×1 | ||
| LLY Eli Lilly and Company Common Stock | $272,271 | 0.16% | 227 | $63,483 | |||
| BA Boeing Company (The) Common Stock | $265,609 | 0.16% | 1,227 | $21,399 | |||
| IYW | $263,580 | 0.15% | 1,045 | ||||
| AMD Advanced Micro Devices, Inc. - Common Stock | $221,908 | 0.13% | 382 | Up ×1 | |||
| META Meta Platforms, Inc. - Class A Common Stock | $217,145 | 0.13% | 385 | $14,484 | Up ×1 | ||
| XLE XLE | $202,808 | 0.12% | 3,819 | $-30,597 | Up ×1 | ||
| AAPL Apple Inc. - Common Stock | $4,320 | 0.00% | 30 | Call option | $1,680 | Down ×1 | |
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| RSP | $16,387,756 | 9.63% | up ×3 |
| AGG | $12,653,599 | 7.43% | up ×6 |
| GLD | $8,083,362 | 4.75% | up ×6 |
| SLQD | $7,561,093 | 4.44% | up ×4 |
| CMF | $5,314,358 | 3.12% | up ×3 |
| EEM | $5,173,577 | 3.04% | up ×3 |
| CALI | $4,486,114 | 2.64% | up ×4 |
| VTEC | $4,353,923 | 2.56% | up ×4 |
| IEI | $1,132,883 | 0.67% | up ×5 |
| SPYD | $1,118,852 | 0.66% | up ×5 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| IVV | Bought more | +443 | +$6.5M |
| RSP | Bought more | +8K | +$3.1M |
| VLUE | Bought more | +2K | +$1.8M |
| BILS | Trimmed | -14K | -$1.4M |
| GLD | Bought more | +349 | -$1.2M |
| IWM | Bought more | +1K | +$1.1M |
| SLQD | Bought more | +21K | +$1.1M |
| EEM | Bought more | +2K | +$1.0M |
| BIL | Trimmed | -10K | -$880K |
| XLK | Bought more | +4 | +$834K |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| IJR | March 31, 2025 | 22,102 | $2,546,549 | No longer tracked |
| EQL | June 30, 2025 | 15,731 | $1,981,628 | No longer tracked |
| IBIT | March 31, 2025 | 23,269 | $1,234,420 | |
| NOW | June 30, 2026 | 10,104 | $1,056,371 | 30.5% |
| NYF | Dec. 31, 2025 | 12,583 | $671,303 | No longer tracked |
| PHYS | June 30, 2025 | 19,065 | $458,704 | No longer tracked |
| PZT | Dec. 31, 2025 | 20,161 | $448,401 | No longer tracked |
| VOO | March 31, 2025 | 648 | $349,149 | No longer tracked |
| D | June 30, 2026 | 5,500 | $340,010 | 0.0% |
| IWN | June 30, 2025 | 1,561 | $235,741 | No longer tracked |
| XLE | June 30, 2025 | 2,279 | $213,010 | No longer tracked |
| IYW | March 31, 2026 | 1,045 | $208,666 | No longer tracked |
| PHYS | June 30, 2026 | 5,871 | $208,068 | No longer tracked |
| IJS | June 30, 2025 | 2,083 | $203,093 | No longer tracked |