# Watts Gwilliam & Co., LLC

> Institutional holdings reported to the SEC as of Q3 2025 on Form 13F. CIK 1657733. Source: https://holderbook.com/funds/1657733-watts-gwilliam-co-llc/

- Reported value: $619.8M
- Positions: 223
- Weight of the ten largest: 50.0%
- Filed: 2025-11-21

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 |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $143.8M | 770,649 | 23.2% | 6 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $27.8M | 53,674 | 4.5% | 6 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $24.2M | 94,985 | 3.9% | 6 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $22.3M | 108,220 | 3.6% | 6 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $21.7M | 31,803 | 3.5% | 6 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $16.8M | 500,243 | 2.7% | 6 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $16.2M | 134,238 | 2.6% | 6 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $13.9M | 18,945 | 2.2% | 6 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $12.5M | 64,266 | 2.0% | 6 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $10.8M | 22,563 | 1.7% | 6 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $9.7M | 51,749 | 1.6% | 6 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $9.6M | 43,559 | 1.5% | 6 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $9.1M | 64,787 | 1.5% | 6 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $9.0M | 37,145 | 1.5% | 6 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $9.0M | 19,300 | 1.5% | 6 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $8.4M | 70,838 | 1.4% | 6 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $8.2M | 82,795 | 1.3% | 6 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $7.9M | 36,741 | 1.3% | 6 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $6.8M | 11,295 | 1.1% | 6 |
| BALCHEM CORP | [BCPC](https://holderbook.com/stocks/BCPC/) | $6.3M | 42,131 | 1.0% | 6 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $5.6M | 4,648 | 0.9% | 6 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $5.3M | 18,933 | 0.9% | 6 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $5.3M | 16,711 | 0.9% | 6 |
| PROSHARES TR | [QLD](https://holderbook.com/stocks/QLD/) | $4.9M | 35,862 | 0.8% | 6 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $4.5M | 9,256 | 0.7% | 6 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $4.2M | 12,380 | 0.7% | 6 |
| ISHARES TR | [IJT](https://holderbook.com/stocks/IJT/) | $4.0M | 28,509 | 0.7% | 6 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $4.0M | 19,616 | 0.6% | 6 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $4.0M | 44,350 | 0.6% | 6 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $3.9M | 16,857 | 0.6% | 6 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.8M | 15,732 | 0.6% | 6 |
| ENSIGN GROUP INC | [ENSG](https://holderbook.com/stocks/ENSG/) | $3.7M | 21,543 | 0.6% | 6 |
| ANTERO RESOURCES CORP | [AR](https://holderbook.com/stocks/AR/) | $3.7M | 110,076 | 0.6% | 3 |
| GRAYSCALE BITCOIN TRUST ETF | [GBTC](https://holderbook.com/stocks/GBTC/) | $3.6M | 40,000 | 0.6% | 5 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $3.5M | 23,228 | 0.6% | 4 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $3.3M | 7,446 | 0.5% | 6 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $3.2M | 31,496 | 0.5% | 6 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $3.2M | 9,739 | 0.5% | 6 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $3.1M | 12,190 | 0.5% | 6 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $3.0M | 30,416 | 0.5% | 5 |
| ON HLDG AG | [ONON](https://holderbook.com/stocks/ONON/) | $2.8M | 66,520 | 0.5% | 6 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $2.8M | 55,274 | 0.5% | 5 |
| PIMCO ETF TR | [LONZ](https://holderbook.com/stocks/LONZ/) | $2.7M | 53,484 | 0.4% | 5 |
| TIDAL TRUST I | [GRNY](https://holderbook.com/stocks/GRNY/) | $2.7M | 106,408 | 0.4% | 2 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $2.5M | 17,832 | 0.4% | 2 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $2.5M | 2,728 | 0.4% | 6 |
| DEXCOM INC | [DXCM](https://holderbook.com/stocks/DXCM/) | $2.5M | 36,746 | 0.4% | 4 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $2.5M | 3,082 | 0.4% | 6 |
| CHIPOTLE MEXICAN GRILL INC | [CMG](https://holderbook.com/stocks/CMG/) | $2.4M | 61,799 | 0.4% | 6 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $2.4M | 8,433 | 0.4% | 6 |
| ISHARES TR | [IHAK](https://holderbook.com/stocks/IHAK/) | $2.3M | 43,431 | 0.4% | 6 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $2.1M | 75,611 | 0.3% | 3 |
| ISHARES TR | [ICSH](https://holderbook.com/stocks/ICSH/) | $2.1M | 42,068 | 0.3% | 6 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $2.1M | 13,719 | 0.3% | 6 |
| YUM BRANDS INC | [YUM](https://holderbook.com/stocks/YUM/) | $2.1M | 13,800 | 0.3% | 5 |
| FIRST TR EXCHANGE TRADED FD | [CIBR](https://holderbook.com/stocks/CIBR/) | $2.0M | 26,666 | 0.3% | 2 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $2.0M | 79,423 | 0.3% | 6 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $1.9M | 12,994 | 0.3% | 6 |
| FIRST TR EXCHANGE-TRADED FD | [FDN](https://holderbook.com/stocks/FDN/) | $1.9M | 6,841 | 0.3% | 6 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.9M | 3,723 | 0.3% | 6 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $1.9M | 19,870 | 0.3% | 6 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $1.8M | 8,741 | 0.3% | 6 |
| PARAMOUNT SKYDANCE CORP | [PSKY](https://holderbook.com/stocks/PSKY/) | $1.8M | 96,714 | 0.3% | 1 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.8M | 4,509 | 0.3% | 6 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.8M | 15,587 | 0.3% | 6 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $1.7M | 32,128 | 0.3% | 6 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.7M | 20,042 | 0.3% | 6 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $1.7M | 2,700 | 0.3% | 6 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $1.6M | 11,559 | 0.3% | 6 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $1.6M | 14,335 | 0.3% | 6 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.6M | 2,427 | 0.3% | 6 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $1.6M | 1,498 | 0.3% | 6 |
| DIREXION SHARES ETF TRUST | [TNA](https://holderbook.com/stocks/TNA/) | $1.5M | 33,636 | 0.2% | 6 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.5M | 21,742 | 0.2% | 6 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $1.4M | 35,070 | 0.2% | 2 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.3M | 4,243 | 0.2% | 6 |
| OFFERPAD SOLUTIONS INC | [OPAD](https://holderbook.com/stocks/OPAD/) | $1.3M | 309,016 | 0.2% | 4 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $1.2M | 17,236 | 0.2% | 6 |
| PIMCO ETF TR | [BOND](https://holderbook.com/stocks/BOND/) | $1.2M | 12,396 | 0.2% | 6 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $1.1M | 6,271 | 0.2% | 4 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $1.1M | 8,069 | 0.2% | 6 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $1.1M | 3,417 | 0.2% | 5 |
| INVESCO ACTIVELY MANAGED EXC | [GSY](https://holderbook.com/stocks/GSY/) | $1.1M | 22,403 | 0.2% | 5 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.1M | 6,553 | 0.2% | 6 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.1M | 6,717 | 0.2% | 6 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.1M | 20,738 | 0.2% | 6 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $1.1M | 11,965 | 0.2% | 6 |
| OKLO INC | [OKLO](https://holderbook.com/stocks/OKLO/) | $1.1M | 9,469 | 0.2% | 2 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $1.0M | 7,698 | 0.2% | 6 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $1.0M | 10,164 | 0.2% | 6 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $965.7K | 10,732 | 0.2% | 6 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $948.2K | 5,699 | 0.2% | 6 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $945.6K | 11,321 | 0.2% | 6 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $936.9K | 3,973 | 0.2% | 6 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $890.9K | 1,785 | 0.1% | 6 |
| GOLDMAN SACHS ETF TR | [GSLC](https://holderbook.com/stocks/GSLC/) | $878.2K | 6,741 | 0.1% | 6 |
| GOLDMAN SACHS ETF TR | [GINN](https://holderbook.com/stocks/GINN/) | $870.0K | 11,783 | 0.1% | 6 |
| CELSIUS HLDGS INC | [CELH](https://holderbook.com/stocks/CELH/) | $854.4K | 14,862 | 0.1% | 6 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $836.2K | 48,732 | 0.1% | 4 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $826.3K | 1,083 | 0.1% | 6 |

## 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 |
|---|---|---|---|---|
| Q3 2025 | +10.0% | +7.8% | +2.2% | 92% |
| Q2 2025 | +13.7% | +10.5% | +3.3% | 100% |
| Q1 2025 | -6.7% | -4.6% | -2.1% | 99% |
| Q4 2024 | +4.6% | +2.1% | +2.4% | 99% |
| Q2 2024 | +2.2% | +4.0% | -1.8% | 102% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2025 | $619.8M | 223 |
| Q2 2025 | $609.2M | 221 |
| Q1 2025 | $461.8M | 205 |
| Q4 2024 | $473.7M | 208 |
| Q3 2024 | $458.8M | 201 |
| Q1 2024 | $324.0M | 174 |