RCW Management, LLC

CIK 2104402 · View on SEC EDGAR ↗

Portfolio value QoQ: +14.3% 13F does not disclose cash

Top 10 holdings weight48.90%

Top 25 holdings weight75.87%

Positions above 1%31

Effective number of positions28.7

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 1.33% Est. buys $10,076,484 · sells $1,391,834

New positions1

Increased23

Decreased20

Closed1

Portfolio value $111.5M #8,190 of 9,337 by 13F value · top 87.7%

Positions 68

As of June 30, 2026 Data as of Q2 2026

Sector breakdown

Industrials 1.5%

Financials 0.5%

Real Estate 0.5%

Technology 0.4%

Healthcare 0.2%

Other/Unmapped 96.9%

Full portfolio 68 positions

					Streak
SCHG SCHWAB STRATEGIC TRUST	$9,062,489	8.12%	267,804	$1,329,279	Up ×2
VGT VANGUARD WORLD FUND	$8,490,044	7.61%	71,034	$2,131,741	Up ×1
SCHB SCHWAB STRATEGIC TRUST	$8,097,844	7.26%	279,621	$985,457	Down ×2
XLK SELECT SECTOR SPDR TRUST	$6,879,210	6.17%	36,107	$2,080,549
VV VANGUARD INDEX FUNDS	$4,592,739	4.12%	13,354	$678,934	Up ×2
SCHX SCHWAB STRATEGIC TRUST	$3,909,462	3.51%	132,839	$396,774	Down ×2
VFH VANGUARD WORLD FUND	$3,725,513	3.34%	28,309	$315,926	Up ×2
VHT VANGUARD WORLD FUND	$3,300,418	2.96%	11,037	$199,967	Down ×2
VEA VANGUARD TAX-MANAGED FUNDS	$3,250,741	2.91%	45,624	$365,463	Up ×2
QQQ Invesco QQQ Trust, Series 1	$3,232,575	2.90%	4,389	$703,139	Up ×1
DYNF BlackRock ETF Trust	$2,835,065	2.54%	41,686	$571,747	Up ×2
VIS VANGUARD WORLD FUND	$2,628,640	2.36%	7,294	$352,846	Up ×1
VTV VANGUARD INDEX FUNDS	$2,419,241	2.17%	11,101	$329,515	Up ×2
VDC VANGUARD WORLD FUND	$2,202,586	1.97%	9,768	$-30,962	Down ×2
TIP iShares Trust	$2,116,460	1.90%	19,340	$259	Up ×2
IJR iShares Trust	$1,989,244	1.78%	13,412	$131,789	Down ×2
SCHA SCHWAB STRATEGIC TRUST	$1,932,413	1.73%	53,485	$377,069
XLF SELECT SECTOR SPDR TRUST	$1,854,482	1.66%	34,592	$146,692	Up ×1
SCHM SCHWAB STRATEGIC TRUST	$1,833,370	1.64%	49,725	$298,867	Up ×1
GLDM SPDR Gold MiniShares Trust	$1,833,093	1.64%	23,081	$-498,617	Down ×2
XLI SELECT SECTOR SPDR TRUST	$1,754,499	1.57%	9,472	$222,592
VOX VANGUARD WORLD FUND	$1,718,461	1.54%	9,342	$-6,744	Down ×1
XLE SELECT SECTOR SPDR TRUST	$1,674,634	1.50%	31,531	$-262,143	Down ×2
CSX CSX Corporation - Common Stock	$1,654,746	1.48%	34,814	$1,220,610	Up ×1
SCHF SCHWAB STRATEGIC TRUST	$1,641,336	1.47%	59,254	$209,202	Up ×2
MOAT VanEck ETF Trust	$1,479,663	1.33%	14,233	$-1,201	Down ×2
AOK iShares Trust	$1,326,904	1.19%	31,989	$50,863
VCR VANGUARD WORLD FUND	$1,319,125	1.18%	3,326	$111,348	Down ×2
XLB XLB	$1,289,811	1.16%	25,375	$-6,111	Down ×2
IUSB iShares Core Universal USD Bond ETF	$1,142,697	1.02%	24,760	$24,275	Up ×2
XLY XLY	$1,113,925	1.00%	9,498	$78,833
SPEM SPDR INDEX SHARES FUNDS	$1,023,225	0.92%	19,761	$369,253	Up ×2
SCHR SCHWAB STRATEGIC TRUST	$993,366	0.89%	40,282	$57,077	Up ×2
VCSH Vanguard Short-Term Corporate Bond ETF	$959,076	0.86%	12,135	$-14,943	Down ×1
CWB SPDR SERIES TRUST	$931,457	0.84%	8,639	$140,816
SCHH SCHWAB STRATEGIC TRUST	$867,138	0.78%	36,619	$95,711	Up ×1
FBND Fidelity Merrimack Street Trust	$854,029	0.77%	18,774	$-3,946	Down ×1
XHB SPDR SERIES TRUST	$835,894	0.75%	7,233	$121,825
IAU iShares Gold Trust Shares	$832,120	0.75%	11,020	$-139,403
SCHD SCHWAB STRATEGIC TRUST	$777,542	0.70%	24,520	$7,615	Down ×2
XNTK SPDR SERIES TRUST	$748,095	0.67%	1,915	$259,234
VOO VANGUARD INDEX FUNDS	$692,686	0.62%	1,008	$76,351	Down ×2
FXL First Trust Exchange-Traded AlphaDEX Fund	$609,954	0.55%	2,808	$143,671	Down ×1
VYM VANGUARD WHITEHALL FUNDS	$597,353	0.54%	3,780	$37,535
XLC SELECT SECTOR SPDR TRUST	$574,967	0.52%	5,367	$-20,019
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B	$545,425	0.49%	1,090	$23,097
WELL Welltower Inc. Common Stock	$514,222	0.46%	2,265	$-17,425	Down ×1
KBE SPDR SERIES TRUST	$506,806	0.45%	7,429	$64,409
AAPL Apple Inc. - Common Stock	$476,875	0.43%	1,648	$37,607	Down ×1
SCHZ SCHWAB STRATEGIC TRUST	$476,686	0.43%	20,609	$-1,855
XLRE XLRE	$432,769	0.39%	9,828	$44,708	Up ×2
ILCV iShares Trust	$431,384	0.39%	4,261	$34,514
VIG VANGUARD SPECIALIZED FUNDS	$402,964	0.36%	1,703	$36,717
MBB iShares MBS ETF	$389,223	0.35%	4,117	$23,616	Up ×2
CEF Sprott Physical Gold and Silver Trust Units	$351,329	0.31%	8,733	$-70,373	Down ×2
JPST J.P. Morgan Exchange-Traded Fund Trust	$341,095	0.31%	6,745	$-269
SCHE SCHWAB STRATEGIC TRUST	$332,794	0.30%	9,178	$30,379
VO VANGUARD INDEX FUNDS	$330,337	0.30%	4,100	$35,977	Up ×1
JNJ Johnson & Johnson Common Stock	$272,256	0.24%	1,072	$10,216
SPSM SPDR SERIES TRUST	$266,378	0.24%	4,619	$63,047	Up ×1
TIPX SPDR SERIES TRUST	$261,196	0.23%	13,798	$-3,588
ICSH iShares U.S. ETF Trust	$256,390	0.23%	5,069	$-203
VNQ VANGUARD SPECIALIZED FUNDS	$249,368	0.22%	2,586	$19,990
VAW VANGUARD WORLD FUND	$240,001	0.22%	1,049	$26,379	Up ×1
SPY SPY	$236,726	0.21%	317	$30,568
VPU VANGUARD WORLD FUND	$221,566	0.20%	1,132	$-8,673	Down ×2
IXC iShares Trust	$203,693	0.18%	4,146	$-35,158
PNQI Invesco Nasdaq Internet ETF	$200,532	0.18%	4,400
No matches

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
PNQI	$200,532	4,400	0.18%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
VGT	Bought more	+62K	+$2.1M
XLK	Price move only	+0	+$2.1M
SCHG	Bought more	+2K	+$1.3M
CSX	Bought more	+24K	+$1.2M
SCHB	Trimmed	-4K	+$985K
QQQ	Bought more	+7	+$703K
VV	Bought more	+258	+$679K
DYNF	Bought more	+3K	+$572K
GLDM	Trimmed	-2K	-$499K
SCHX	Trimmed	-4K	+$397K

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
PNQI	March 31, 2026	4,400	$237,368
SGOL	June 30, 2026	4,795	$213,953	3.2%