# CWA Asset Management Group, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1667134. Source: https://holderbook.com/funds/1667134-cwa-asset-management-group-llc/

- Reported value: $3.3B
- Positions: 693
- Weight of the ten largest: 26.7%
- Filed: 2026-07-14

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/) | $205.9M | 999,798 | 6.3% | 30 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $172.1M | 579,127 | 5.2% | 30 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $77.1M | 206,608 | 2.4% | 30 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $69.3M | 843,777 | 2.1% | 25 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $66.5M | 804,327 | 2.0% | 11 |
| CAPITOL SER TR | [SCEC](https://holderbook.com/stocks/SCEC/) | $59.6M | 2,380,804 | 1.8% | 5 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $57.7M | 242,287 | 1.8% | 30 |
| TEXAS PACIFIC LAND CORPORATI | [TPL](https://holderbook.com/stocks/TPL/) | $55.9M | 127,627 | 1.7% | 2 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $55.6M | 157,285 | 1.7% | 30 |
| TENARIS S A | [TS](https://holderbook.com/stocks/TS/) | $54.8M | 987,291 | 1.7% | 2 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $53.7M | 146,951 | 1.6% | 30 |
| TRANSOCEAN LTD | [RIG](https://holderbook.com/stocks/RIG/) | $42.5M | 8,688,877 | 1.3% | 2 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $40.5M | 109,459 | 1.2% | 30 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $39.5M | 78,903 | 1.2% | 30 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $33.2M | 90,238 | 1.0% | 30 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $32.5M | 99,413 | 1.0% | 30 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $31.9M | 55,048 | 1.0% | 30 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $30.9M | 33,082 | 0.9% | 30 |
| J P MORGAN EXCHANGE TRADED F | [JMST](https://holderbook.com/stocks/JMST/) | $30.7M | 601,091 | 0.9% | 15 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $28.8M | 76,199 | 0.9% | 15 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $28.5M | 310,570 | 0.9% | 15 |
| NOBLE CORP PLC | [NE](https://holderbook.com/stocks/NE/) | $27.9M | 746,959 | 0.8% | 8 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $24.8M | 97,695 | 0.8% | 30 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $24.8M | 97,057 | 0.8% | 16 |
| ERIE INDTY CO | [ERIE](https://holderbook.com/stocks/ERIE/) | $21.8M | 91,110 | 0.7% | 1 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $21.7M | 86,259 | 0.7% | 30 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $21.0M | 205,827 | 0.6% | 22 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $20.9M | 214,338 | 0.6% | 30 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $20.6M | 59,923 | 0.6% | 30 |
| CORE LABORATORIES INC | [CLB](https://holderbook.com/stocks/CLB/) | $20.4M | 1,755,085 | 0.6% | 3 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $20.4M | 46,999 | 0.6% | 6 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $19.5M | 25,990 | 0.6% | 24 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $19.2M | 11,340 | 0.6% | 2 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $18.9M | 23,170 | 0.6% | 30 |
| ISHARES TR | [SMMD](https://holderbook.com/stocks/SMMD/) | $18.8M | 205,082 | 0.6% | 11 |
| SPDR SERIES TRUST | [BILS](https://holderbook.com/stocks/BILS/) | $18.4M | 184,858 | 0.6% | 14 |
| CARDINAL HEALTH INC | [CAH](https://holderbook.com/stocks/CAH/) | $18.3M | 76,980 | 0.6% | 21 |
| JABIL INC | [JBL](https://holderbook.com/stocks/JBL/) | $16.8M | 43,636 | 0.5% | 9 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $16.7M | 131,791 | 0.5% | 30 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $16.6M | 16,397 | 0.5% | 22 |
| RELIANCE INC | [RS](https://holderbook.com/stocks/RS/) | $16.1M | 43,053 | 0.5% | 3 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $15.8M | 24,730 | 0.5% | 3 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $15.8M | 219,505 | 0.5% | 30 |
| SEABOARD CORP DEL | [SEB](https://holderbook.com/stocks/SEB/) | $15.6M | 3,495 | 0.5% | 2 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $15.0M | 23,679 | 0.5% | 29 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $14.7M | 133,320 | 0.4% | 4 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $14.1M | 120,456 | 0.4% | 21 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $13.9M | 124,002 | 0.4% | 8 |
| CASEYS GEN STORES INC | [CASY](https://holderbook.com/stocks/CASY/) | $13.6M | 17,057 | 0.4% | 30 |
| MESABI TR | [MSB](https://holderbook.com/stocks/MSB/) | $13.1M | 518,974 | 0.4% | 4 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $13.0M | 110,411 | 0.4% | 30 |
| PUBLIC STORAGE | [PSA](https://holderbook.com/stocks/PSA/) | $12.7M | 39,968 | 0.4% | 26 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $12.5M | 29,807 | 0.4% | 22 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $11.7M | 163,511 | 0.4% | 23 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $11.2M | 145,540 | 0.3% | 9 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $11.0M | 59,588 | 0.3% | 30 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $11.0M | 78,722 | 0.3% | 16 |
| GARMIN LTD | [GRMN](https://holderbook.com/stocks/GRMN/) | $10.9M | 45,935 | 0.3% | 30 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $10.8M | 100,214 | 0.3% | 16 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $10.8M | 100,543 | 0.3% | 13 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $10.7M | 20,910 | 0.3% | 30 |
| INTERACTIVE BROKERS GROUP IN | [IBKR](https://holderbook.com/stocks/IBKR/) | $10.7M | 122,486 | 0.3% | 9 |
| ORLA MNG LTD NEW | [ORLA](https://holderbook.com/stocks/ORLA/) | $10.7M | 1,088,699 | 0.3% | 22 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $10.6M | 186,197 | 0.3% | 30 |
| ALAMOS GOLD INC | [AGI](https://holderbook.com/stocks/AGI/) | $10.5M | 345,801 | 0.3% | 9 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $10.3M | 179,351 | 0.3% | 26 |
| SPROTT INC | [SII](https://holderbook.com/stocks/SII/) | $9.9M | 88,339 | 0.3% | 24 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $9.8M | 19,198 | 0.3% | 30 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $9.7M | 62,708 | 0.3% | 13 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $9.7M | 14,162 | 0.3% | 30 |
| HUBBELL INC | [HUBB](https://holderbook.com/stocks/HUBB/) | $9.5M | 18,111 | 0.3% | 2 |
| INCYTE CORP | [INCY](https://holderbook.com/stocks/INCY/) | $9.4M | 83,249 | 0.3% | 4 |
| MAGNA INTL INC | [MGA](https://holderbook.com/stocks/MGA/) | $9.4M | 142,741 | 0.3% | 4 |
| VANECK ETF TRUST | [OIH](https://holderbook.com/stocks/OIH/) | $9.3M | 303 | 0.3% | 2 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $9.3M | 63,039 | 0.3% | 16 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $9.2M | 12,953 | 0.3% | 16 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $9.1M | 12,639 | 0.3% | 21 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $9.0M | 113,436 | 0.3% | 8 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $8.9M | 7,425 | 0.3% | 17 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $8.6M | 45,538 | 0.3% | 24 |
| GREENLIGHT CAP RE LTD | [GLRE](https://holderbook.com/stocks/GLRE/) | $8.6M | 532,059 | 0.3% | 8 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $8.6M | 63,251 | 0.3% | 29 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $8.5M | 7,175 | 0.3% | 21 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $8.5M | 71,886 | 0.3% | 27 |
| ZOOM COMMUNICATIONS INC | [ZM](https://holderbook.com/stocks/ZM/) | $8.3M | 96,685 | 0.3% | 4 |
| BIOGEN INC | [BIIB](https://holderbook.com/stocks/BIIB/) | $8.2M | 38,127 | 0.3% | 6 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $8.2M | 7,727 | 0.3% | 30 |
| RAYMOND JAMES FINL INC | [RJF](https://holderbook.com/stocks/RJF/) | $8.2M | 53,655 | 0.2% | 19 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $8.0M | 63,399 | 0.2% | 30 |
| FTI CONSULTING INC | [FCN](https://holderbook.com/stocks/FCN/) | $8.0M | 53,706 | 0.2% | 30 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $7.9M | 13,553 | 0.2% | 23 |
| FIRST HORIZON CORPORATION | [FHN](https://holderbook.com/stocks/FHN/) | $7.8M | 306,050 | 0.2% | 2 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $7.8M | 53,343 | 0.2% | 30 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $7.8M | 3,931 | 0.2% | 2 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $7.8M | 166,985 | 0.2% | 17 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $7.8M | 26,007 | 0.2% | 30 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $7.7M | 39,651 | 0.2% | 11 |
| SYNCHRONY FINANCIAL | [SYF](https://holderbook.com/stocks/SYF/) | $7.6M | 100,193 | 0.2% | 9 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $7.6M | 78,877 | 0.2% | 8 |
| MOSAIC CO | [MOS](https://holderbook.com/stocks/MOS/) | $7.5M | 354,294 | 0.2% | 5 |

## 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 | +6.0% | +14.8% | -8.8% | 99% |
| Q1 2026 | -0.5% | -4.6% | +4.1% | 100% |
| Q4 2025 | +1.9% | +2.4% | -0.5% | 100% |
| Q3 2025 | +8.3% | +7.8% | +0.5% | 100% |
| Q2 2025 | +9.3% | +10.5% | -1.1% | 100% |
| Q1 2025 | -1.8% | -4.6% | +2.8% | 100% |
| Q4 2024 | +2.7% | +2.1% | +0.6% | 100% |
| Q2 2024 | +3.4% | +4.0% | -0.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $3.3B | 693 |
| Q1 2026 | $2.9B | 644 |
| Q4 2025 | $2.8B | 642 |
| Q3 2025 | $2.7B | 660 |
| Q2 2025 | $2.4B | 637 |
| Q1 2025 | $2.1B | 596 |
| Q4 2024 | $2.0B | 559 |
| Q3 2024 | $1.9B | 567 |
| Q1 2024 | $1.6B | 532 |
| Q4 2023 | $1.5B | 415 |
| Q3 2023 | $1.4B | 355 |
| Q2 2023 | $1.5B | 356 |