# CWH Capital Management, Inc.

> Institutional holdings reported to the SEC as of Q4 2020 on Form 13F. CIK 1598348. Source: https://holderbook.com/funds/1598348-cwh-capital-management-inc/

- Reported value: $238.0M
- Positions: 92
- Weight of the ten largest: 46.5%
- Filed: 2021-02-02

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $18.9M | 159,515 | 7.9% | 3 |
| INVESCO ACTIVELY MANAGED EXC | [GSY](https://holderbook.com/stocks/GSY/) | $15.4M | 303,570 | 6.5% | 9 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $14.2M | 278,911 | 6.0% | 9 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $12.1M | 45,307 | 5.1% | 3 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $11.6M | 180,836 | 4.9% | 1 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $8.4M | 82,104 | 3.5% | 3 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $8.4M | 159,778 | 3.5% | 9 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $8.4M | 70,292 | 3.5% | 1 |
| WABTEC | [WAB](https://holderbook.com/stocks/WAB/) | $6.7M | 91,569 | 2.8% | 8 |
| LYFT INC | [LYFT](https://holderbook.com/stocks/LYFT/) | $6.7M | 136,111 | 2.8% | 4 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $6.5M | 29,294 | 2.7% | 9 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $6.0M | 113,524 | 2.5% | 9 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $5.9M | 22,557 | 2.5% | 6 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $5.5M | 17,640 | 2.3% | 9 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $5.5M | 43,419 | 2.3% | 9 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $5.0M | 46,654 | 2.1% | 9 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $4.9M | 154,905 | 2.1% | 4 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.8M | 36,543 | 2.0% | 9 |
| ULTA BEAUTY INC | [ULTA](https://holderbook.com/stocks/ULTA/) | $4.5M | 15,590 | 1.9% | 2 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $4.4M | 14,539 | 1.9% | 2 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $4.2M | 114,857 | 1.8% | 6 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $4.2M | 2,391 | 1.8% | 9 |
| GODADDY INC | [GDDY](https://holderbook.com/stocks/GDDY/) | $4.1M | 49,010 | 1.7% | 3 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $4.0M | 14,889 | 1.7% | 9 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $3.5M | 14,973 | 1.5% | 1 |
| ROBERT HALF INC. | [RHI](https://holderbook.com/stocks/RHI/) | $3.4M | 55,050 | 1.4% | 9 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $3.1M | 19,753 | 1.3% | 9 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $2.9M | 45,561 | 1.2% | 9 |
| FIRST AMERN FINL CORP | [FAF](https://holderbook.com/stocks/FAF/) | $2.9M | 55,931 | 1.2% | 9 |
| TYSON FOODS INC | [TSN](https://holderbook.com/stocks/TSN/) | $2.5M | 39,169 | 1.1% | 1 |
| FIRST INTST BANCSYSTEM INC | [FIBK](https://holderbook.com/stocks/FIBK/) | $2.0M | 48,787 | 0.8% | 7 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $1.9M | 20,980 | 0.8% | 9 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $1.8M | 37,617 | 0.7% | 9 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.1M | 2,924 | 0.5% | 9 |
| WISDOMTREE TR | [USFRXXXX](https://holderbook.com/stocks/USFRXXXX/) | $1.1M | 42,866 | 0.5% | 9 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $1.0M | 9,675 | 0.4% | 9 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $996.0K | 4,552 | 0.4% | 9 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $963.0K | 3,931 | 0.4% | 9 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $743.0K | 16,608 | 0.3% | 3 |
| NETAPP INC | [NTAP](https://holderbook.com/stocks/NTAP/) | $733.0K | 11,060 | 0.3% | 2 |
| HP INC | [HPQ](https://holderbook.com/stocks/HPQ/) | $703.0K | 28,588 | 0.3% | 3 |
| EVERCORE INC | [EVR](https://holderbook.com/stocks/EVR/) | $700.0K | 6,386 | 0.3% | 2 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $694.0K | 10,131 | 0.3% | 3 |
| BANNER CORP | [BANR](https://holderbook.com/stocks/BANR/) | $687.0K | 14,737 | 0.3% | 9 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $675.0K | 22,284 | 0.3% | 3 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $665.0K | 4,464 | 0.3% | 2 |
| LYONDELLBASELL INDUSTRIES NV | [LYB](https://holderbook.com/stocks/LYB/) | $658.0K | 7,180 | 0.3% | 3 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $652.0K | 3,730 | 0.3% | 3 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $643.0K | 4,222 | 0.3% | 2 |
| INTERPUBLIC GROUP COS INC | [IPG](https://holderbook.com/stocks/IPG/) | $638.0K | 27,109 | 0.3% | 3 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $631.0K | 1,441 | 0.3% | 3 |
| EASTMAN CHEM CO | [EMN](https://holderbook.com/stocks/EMN/) | $631.0K | 6,297 | 0.3% | 3 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $627.0K | 4,977 | 0.3% | 3 |
| FIDELITY NATL FINL INC | [FNF](https://holderbook.com/stocks/FNF/) | $612.0K | 15,663 | 0.3% | 1 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $608.0K | 3,338 | 0.3% | 2 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $603.0K | 855 | 0.3% | 2 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $599.0K | 4,988 | 0.3% | 2 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $580.0K | 3,535 | 0.2% | 3 |
| ALGONQUIN POWER & UTILITIES | [AQN](https://holderbook.com/stocks/AQN/) | $577.0K | 35,033 | 0.2% | 2 |
| VANGUARD WHITEHALL FDS | [VYMI](https://holderbook.com/stocks/VYMI/) | $576.0K | 9,479 | 0.2% | 2 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $575.0K | 11,540 | 0.2% | 1 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $572.0K | 19,897 | 0.2% | 3 |
| PRICE T ROWE GROUP INC | [TROW](https://holderbook.com/stocks/TROW/) | $572.0K | 3,781 | 0.2% | 2 |
| LEGGETT & PLATT INC | [LEG](https://holderbook.com/stocks/LEG/) | $569.0K | 12,846 | 0.2% | 2 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $569.0K | 2,732 | 0.2% | 2 |
| INVESCO EXCHANGE TRADED FD T | [PEY](https://holderbook.com/stocks/PEY/) | $568.0K | 32,665 | 0.2% | 3 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $559.0K | 6,582 | 0.2% | 9 |
| WISDOMTREE TR | [DGRW](https://holderbook.com/stocks/DGRW/) | $556.0K | 10,306 | 0.2% | 2 |
| WILLIAMS SONOMA INC | [WSM](https://holderbook.com/stocks/WSM/) | $552.0K | 5,417 | 0.2% | 3 |
| GLACIER BANCORP INC NEW | [GBCI](https://holderbook.com/stocks/GBCI/) | $543.0K | 11,797 | 0.2% | 9 |
| PS BUSINESS PKS INC CALIF | [PSB](https://holderbook.com/stocks/PSB/) | $541.0K | 4,074 | 0.2% | 2 |
| EXTRA SPACE STORAGE INC | [EXR](https://holderbook.com/stocks/EXR/) | $540.0K | 4,661 | 0.2% | 2 |
| WALGREENS BOOTS ALLIANCE INC | [WBA](https://holderbook.com/stocks/WBA/) | $540.0K | 13,536 | 0.2% | 2 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $536.0K | 3,604 | 0.2% | 2 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $532.0K | 2,341 | 0.2% | 2 |
| OGE ENERGY CORP | [OGE](https://holderbook.com/stocks/OGE/) | $512.0K | 16,055 | 0.2% | 2 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $507.0K | 8,174 | 0.2% | 2 |
| PINNACLE WEST CAP CORP | [PNW](https://holderbook.com/stocks/PNW/) | $491.0K | 6,136 | 0.2% | 2 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $487.0K | 4,402 | 0.2% | 9 |
| KEY TRONIC CORP | [KTCC](https://holderbook.com/stocks/KTCC/) | $464.0K | 67,200 | 0.2% | 9 |
| BEST BUY INC | [BBY](https://holderbook.com/stocks/BBY/) | $441.0K | 4,423 | 0.2% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $392.0K | 224 | 0.2% | 9 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $389.0K | 10,805 | 0.2% | 9 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $363.0K | 8,614 | 0.2% | 7 |
| INVESCO EXCH TRADED FD TR II | [SPHD](https://holderbook.com/stocks/SPHD/) | $325.0K | 8,649 | 0.1% | 9 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $312.0K | 1,347 | 0.1% | 9 |
| ITRON INC | [ITRI](https://holderbook.com/stocks/ITRI/) | $283.0K | 2,956 | 0.1% | 1 |
| KASPIEN HOLDINGS INC | [KSPN](https://holderbook.com/stocks/KSPN/) | $278.0K | 19,000 | 0.1% | 2 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $264.0K | 81 | 0.1% | 2 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $250.0K | 500 | 0.1% | 3 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $241.0K | 3,540 | 0.1% | 2 |
| AMERICAN INTL GROUP INC | [AIGWS](https://holderbook.com/stocks/AIGWS/) | $2.0K | 12,840 | 0.0% | 9 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q4 2020 | +11.8% | +11.6% | +0.1% | 100% |
| Q3 2020 | +5.6% | +8.6% | -3.0% | 100% |
| Q2 2020 | +15.9% | +19.6% | -3.7% | 100% |
| Q1 2020 | -22.7% | -19.9% | -2.8% | 100% |
| Q4 2019 | +5.8% | +8.5% | -2.7% | 100% |
| Q3 2019 | +0.8% | +1.3% | -0.5% | 100% |
| Q2 2019 | +2.3% | +3.7% | -1.4% | 100% |
| Q1 2019 | +10.7% | +13.0% | -2.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2020 | $238.0M | 92 |
| Q3 2020 | $219.8M | 90 |
| Q2 2020 | $205.3M | 63 |
| Q1 2020 | $190.3M | 47 |
| Q4 2019 | $250.3M | 49 |
| Q3 2019 | $252.1M | 48 |
| Q2 2019 | $246.4M | 48 |
| Q1 2019 | $238.0M | 49 |
| Q4 2018 | $204.2M | 51 |