# CKW FINANCIAL GROUP

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1600403. Source: https://holderbook.com/funds/1600403-ckw-financial-group/

- Reported value: $1.0B
- Positions: 317
- Weight of the ten largest: 96.2%
- Filed: 2026-07-27

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 | [IVV](https://holderbook.com/stocks/IVV/) | $471.8M | 629,862 | 46.4% | 31 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $210.2M | 2,188,095 | 20.7% | 31 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $99.1M | 1,228,524 | 9.7% | 31 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $69.4M | 907,553 | 6.8% | 31 |
| GOLDMAN SACHS ETF TR | [GSEW](https://holderbook.com/stocks/GSEW/) | $47.0M | 496,522 | 4.6% | 24 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $34.4M | 127,550 | 3.4% | 18 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $23.6M | 285,301 | 2.3% | 13 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $9.2M | 46,557 | 0.9% | 25 |
| MATSON INC | [MATX](https://holderbook.com/stocks/MATX/) | $8.2M | 40,148 | 0.8% | 31 |
| VANGUARD SCOTTSDALE FDS | [VONG](https://holderbook.com/stocks/VONG/) | $6.1M | 47,922 | 0.6% | 9 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $5.9M | 19,915 | 0.6% | 31 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $4.0M | 25,302 | 0.4% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.7M | 9,636 | 0.4% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $3.3M | 9,755 | 0.3% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.9M | 3,754 | 0.2% | 24 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.4M | 1,928 | 0.1% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.1M | 4,232 | 0.1% | 27 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $970.0K | 1,049 | 0.1% | 31 |
| FIRST HAWAIIAN INC | [FHB](https://holderbook.com/stocks/FHB/) | $970.0K | 32,100 | 0.1% | 18 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $882.0K | 15,105 | 0.1% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $775.0K | 1,432 | 0.1% | 13 |
| TOYOTA MOTOR CORP | [TM](https://holderbook.com/stocks/TM/) | $768.0K | 4,525 | 0.1% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $764.0K | 6,017 | 0.1% | 31 |
| ISHARES INC | [ACWV](https://holderbook.com/stocks/ACWV/) | $596.0K | 4,941 | 0.1% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $572.0K | 2,367 | 0.1% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $568.0K | 1,983 | 0.1% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $449.0K | 1,505 | 0.0% | 24 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $446.0K | 1,235 | 0.0% | 31 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $399.0K | 1,064 | 0.0% | 20 |
| PIMCO ETF TR | [HYS](https://holderbook.com/stocks/HYS/) | $389.0K | 4,183 | 0.0% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $382.0K | 859 | 0.0% | 31 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $377.0K | 1,600 | 0.0% | 1 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $376.0K | 883 | 0.0% | 31 |
| ISHARES TR | [SHYG](https://holderbook.com/stocks/SHYG/) | $373.0K | 8,833 | 0.0% | 31 |
| MONSTER BEVERAGE CORP NEW | [MNST](https://holderbook.com/stocks/MNST/) | $350.0K | 3,600 | 0.0% | 19 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $339.0K | 1,968 | 0.0% | 31 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $333.0K | 2,737 | 0.0% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $325.0K | 609 | 0.0% | 8 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $299.0K | 264 | 0.0% | 9 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $219.0K | 1,322 | 0.0% | 31 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $216.0K | 5,155 | 0.0% | 31 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $210.0K | 1,500 | 0.0% | 31 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $205.0K | 483 | 0.0% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $193.0K | 1,416 | 0.0% | 31 |
| MODINE MFG CO | [MOD](https://holderbook.com/stocks/MOD/) | $183.0K | 750 | 0.0% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $178.0K | 291 | 0.0% | 26 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $174.0K | 2,340 | 0.0% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $165.0K | 1,116 | 0.0% | 31 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $163.0K | 2,756 | 0.0% | 13 |
| CENTRAL PAC FINL CORP | [CPF](https://holderbook.com/stocks/CPF/) | $156.0K | 4,021 | 0.0% | 31 |
| FORD MTR CO | [F](https://holderbook.com/stocks/F/) | $156.0K | 11,411 | 0.0% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $146.0K | 201 | 0.0% | 26 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $146.0K | 3,383 | 0.0% | 31 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $143.0K | 1,210 | 0.0% | 31 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $134.0K | 540 | 0.0% | 31 |
| BANK HAWAII CORP | [BOH](https://holderbook.com/stocks/BOH/) | $130.0K | 1,562 | 0.0% | 31 |
| FIDELITY WISE ORIGIN BITCOIN | [FBTC](https://holderbook.com/stocks/FBTC/) | $130.0K | 2,494 | 0.0% | 8 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $122.0K | 331 | 0.0% | 11 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $118.0K | 352 | 0.0% | 6 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $116.0K | 1,062 | 0.0% | 24 |
| ISHARES TR | [AOR](https://holderbook.com/stocks/AOR/) | $102.0K | 1,467 | 0.0% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $99.0K | 96 | 0.0% | 6 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $97.0K | 4,758 | 0.0% | 31 |
| MAGNA INTL INC | [MGA](https://holderbook.com/stocks/MGA/) | $95.0K | 1,508 | 0.0% | 31 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $83.0K | 1,040 | 0.0% | 31 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $79.0K | 1,103 | 0.0% | 25 |
| BLACKROCK DEBT STRATEGIES FD | [DSU](https://holderbook.com/stocks/DSU/) | $75.0K | 7,748 | 0.0% | 31 |
| ISHARES TR | [AOA](https://holderbook.com/stocks/AOA/) | $75.0K | 774 | 0.0% | 31 |
| GENTEX CORP | [GNTX](https://holderbook.com/stocks/GNTX/) | $70.0K | 2,856 | 0.0% | 31 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $67.0K | 387 | 0.0% | 1 |
| SCHWAB STRATEGIC TR | [FNDF](https://holderbook.com/stocks/FNDF/) | $66.0K | 1,261 | 0.0% | 1 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $65.0K | 100 | 0.0% | 7 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $65.0K | 1,074 | 0.0% | 6 |
| ISHARES TR | [ICSH](https://holderbook.com/stocks/ICSH/) | $65.0K | 1,282 | 0.0% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $63.0K | 536 | 0.0% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $58.0K | 111 | 0.0% | 1 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $52.0K | 734 | 0.0% | 1 |
| VIA TRANSN INC | [VIA](https://holderbook.com/stocks/VIA/) | $52.0K | 2,752 | 0.0% | 2 |
| ROCKET LAB CORP | [RKLB](https://holderbook.com/stocks/RKLB/) | $49.0K | 491 | 0.0% | 5 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $46.0K | 128 | 0.0% | 18 |
| CORTEVA INC | [CTVA](https://holderbook.com/stocks/CTVA/) | $45.0K | 533 | 0.0% | 18 |
| ISHARES TR | [EFAV](https://holderbook.com/stocks/EFAV/) | $44.0K | 500 | 0.0% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $39.0K | 112 | 0.0% | 20 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $35.0K | 118 | 0.0% | 8 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $35.0K | 1,475 | 0.0% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $34.0K | 94 | 0.0% | 31 |
| WILLIS TOWERS WATSON PLC LTD | [WTW](https://holderbook.com/stocks/WTW/) | $34.0K | 124 | 0.0% | 18 |
| INVESCO EXCHANGE TRADED FD T | [PRFZ](https://holderbook.com/stocks/PRFZ/) | $32.0K | 574 | 0.0% | 1 |
| ISHARES INC | [EEMV](https://holderbook.com/stocks/EEMV/) | $31.0K | 412 | 0.0% | 31 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $30.0K | 317 | 0.0% | 31 |
| VANGUARD INTL EQUITY INDEX F | [VSS](https://holderbook.com/stocks/VSS/) | $29.0K | 185 | 0.0% | 1 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $29.0K | 1,095 | 0.0% | 17 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $28.0K | 346 | 0.0% | 31 |
| VANGUARD WORLD FD | [VFH](https://holderbook.com/stocks/VFH/) | $27.0K | 200 | 0.0% | 1 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $25.0K | 256 | 0.0% | 1 |
| SCHWAB STRATEGIC TR | [FNDX](https://holderbook.com/stocks/FNDX/) | $24.0K | 762 | 0.0% | 1 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $24.0K | 200 | 0.0% | 1 |
| QNITY ELECTRONICS INC | [Q](https://holderbook.com/stocks/Q/) | $22.0K | 144 | 0.0% | 3 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $21.0K | 100 | 0.0% | 31 |
| BIOGEN INC | [BIIB](https://holderbook.com/stocks/BIIB/) | $21.0K | 100 | 0.0% | 18 |

## 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 |
|---|---|---|---|---|
| Q2 2026 | +11.8% | +14.8% | -3.0% | 99% |
| Q1 2026 | -1.5% | -4.6% | +3.2% | 100% |
| Q4 2025 | +2.2% | +2.4% | -0.2% | 100% |
| Q3 2025 | +6.7% | +7.8% | -1.1% | 100% |
| Q2 2025 | +9.4% | +10.5% | -1.1% | 100% |
| Q1 2025 | -1.2% | -4.6% | +3.4% | 100% |
| Q4 2024 | -1.8% | +2.1% | -4.0% | 101% |
| Q3 2024 | +6.5% | +5.4% | +1.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.0B | 317 |
| Q1 2026 | $917.0M | 148 |
| Q4 2025 | $922.2M | 170 |
| Q3 2025 | $917.4M | 172 |
| Q2 2025 | $869.5M | 173 |
| Q1 2025 | $800.2M | 179 |
| Q4 2024 | $812.7M | 233 |
| Q3 2024 | $826.5M | 214 |
| Q2 2024 | $783.7M | 212 |
| Q1 2024 | $768.3M | 216 |
| Q4 2023 | $720.0M | 216 |
| Q3 2023 | $655.8M | 202 |