# LWM Advisory Services, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1697716. Source: https://holderbook.com/funds/1697716-lwm-advisory-services-llc/

- Reported value: $56.0M
- Positions: 80
- Weight of the ten largest: 41.1%
- Filed: 2026-08-03

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 |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $6.0M | 7,977 | 10.6% | 19 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.5M | 15,499 | 8.0% | 19 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $2.3M | 4,552 | 4.1% | 19 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.8M | 9,235 | 3.3% | 19 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.7M | 4,619 | 3.1% | 19 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.6M | 4,462 | 2.8% | 19 |
| FIDELITY MERRIMACK STR TR | [FBND](https://holderbook.com/stocks/FBND/) | $1.4M | 30,029 | 2.4% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.3M | 5,506 | 2.3% | 19 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $1.3M | 1,727 | 2.3% | 19 |
| WISDOMTREE TR | [GDE](https://holderbook.com/stocks/GDE/) | $1.2M | 20,000 | 2.2% | 4 |
| WISDOMTREE TR | [USFR](https://holderbook.com/stocks/USFR/) | $1.2M | 24,153 | 2.2% | 7 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.1M | 901 | 1.9% | 18 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $1.1M | 10,441 | 1.9% | 8 |
| J P MORGAN EXCHANGE TRADED F | [JCPB](https://holderbook.com/stocks/JCPB/) | $1.0M | 21,989 | 1.8% | 1 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.0M | 3,119 | 1.8% | 19 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $883.4K | 10,052 | 1.6% | 1 |
| ISHARES TR | [IWV](https://holderbook.com/stocks/IWV/) | $843.0K | 1,977 | 1.5% | 19 |
| INVESCO EXCH TRADED FD TR II | [EELV](https://holderbook.com/stocks/EELV/) | $792.6K | 28,511 | 1.4% | 18 |
| ISHARES TR | [LRGF](https://holderbook.com/stocks/LRGF/) | $725.7K | 9,595 | 1.3% | 1 |
| MILLICOM INTL CELLULAR S A | [TIGO](https://holderbook.com/stocks/TIGO/) | $724.1K | 7,978 | 1.3% | 13 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $714.8K | 4,054 | 1.3% | 3 |
| AMERICAN CENTY ETF TR | [AVDE](https://holderbook.com/stocks/AVDE/) | $712.4K | 7,987 | 1.3% | 1 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $684.2K | 7,795 | 1.2% | 19 |
| PUTNAM ETF TRUST | [PVAL](https://holderbook.com/stocks/PVAL/) | $654.9K | 12,854 | 1.2% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $619.0K | 1,732 | 1.1% | 19 |
| J P MORGAN EXCHANGE TRADED F | [JPME](https://holderbook.com/stocks/JPME/) | $587.1K | 4,726 | 1.0% | 18 |
| J P MORGAN EXCHANGE TRADED F | [JMUB](https://holderbook.com/stocks/JMUB/) | $583.3K | 11,516 | 1.0% | 15 |
| FIRST TR EXCHANGE-TRADED FD | [FVD](https://holderbook.com/stocks/FVD/) | $569.1K | 11,811 | 1.0% | 19 |
| AMERICAN CENTY ETF TR | [AVEM](https://holderbook.com/stocks/AVEM/) | $549.7K | 5,697 | 1.0% | 1 |
| FIRSTENERGY CORP | [FE](https://holderbook.com/stocks/FE/) | $537.6K | 11,309 | 1.0% | 10 |
| VICTORY PORTFOLIOS II | [VFLO](https://holderbook.com/stocks/VFLO/) | $527.4K | 11,528 | 0.9% | 1 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $527.3K | 4,778 | 0.9% | 3 |
| AON PLC | [AON](https://holderbook.com/stocks/AON/) | $512.5K | 1,545 | 0.9% | 3 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $504.5K | 1,184 | 0.9% | 8 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $495.2K | 14,875 | 0.9% | 9 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $491.2K | 2,948 | 0.9% | 19 |
| PIMCO ETF TR | [PYLD](https://holderbook.com/stocks/PYLD/) | $483.6K | 18,235 | 0.9% | 1 |
| GMO ETF TRUST | [QLTY](https://holderbook.com/stocks/QLTY/) | $468.0K | 11,244 | 0.8% | 1 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $465.9K | 1,358 | 0.8% | 19 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $462.5K | 481 | 0.8% | 7 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $442.9K | 377 | 0.8% | 2 |
| YPF SOCIEDAD ANONIMA | [YPF](https://holderbook.com/stocks/YPF/) | $435.6K | 9,579 | 0.8% | 7 |
| J P MORGAN EXCHANGE TRADED F | [JPSE](https://holderbook.com/stocks/JPSE/) | $426.7K | 7,091 | 0.8% | 17 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $416.8K | 1,482 | 0.7% | 19 |
| WORLD GOLD TR | [GLDM](https://holderbook.com/stocks/GLDM/) | $410.3K | 5,166 | 0.7% | 8 |
| NU HLDGS LTD | [NU](https://holderbook.com/stocks/NU/) | $403.6K | 30,210 | 0.7% | 4 |
| SERVICE CORP INTL | [SCI](https://holderbook.com/stocks/SCI/) | $402.8K | 5,303 | 0.7% | 19 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $395.7K | 19,116 | 0.7% | 2 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $395.4K | 1,058 | 0.7% | 2 |
| NASDAQ INC | [NDAQ](https://holderbook.com/stocks/NDAQ/) | $372.0K | 4,720 | 0.7% | 5 |
| ISHARES TR | [IDV](https://holderbook.com/stocks/IDV/) | $352.3K | 8,503 | 0.6% | 3 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $344.9K | 4,830 | 0.6% | 8 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $335.9K | 489 | 0.6% | 10 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $335.0K | 5,680 | 0.6% | 1 |
| PAMPA ENERGIA S A | [PAM](https://holderbook.com/stocks/PAM/) | $334.4K | 4,071 | 0.6% | 7 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $333.4K | 574 | 0.6% | 1 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $331.4K | 2,816 | 0.6% | 19 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $323.1K | 2,205 | 0.6% | 2 |
| ISHARES TR | [IQLT](https://holderbook.com/stocks/IQLT/) | $321.4K | 6,486 | 0.6% | 1 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $316.0K | 561 | 0.6% | 10 |
| DIMENSIONAL ETF TRUST | [DFIS](https://holderbook.com/stocks/DFIS/) | $315.2K | 8,999 | 0.6% | 1 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $311.5K | 5,515 | 0.6% | 3 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $298.6K | 1,780 | 0.5% | 19 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $295.5K | 685 | 0.5% | 1 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $290.3K | 579 | 0.5% | 19 |
| MACOM TECH SOLUTIONS HLDGS I | [MTSI](https://holderbook.com/stocks/MTSI/) | $278.4K | 732 | 0.5% | 1 |
| BROOKFIELD INFRASTRUCTURE CO | [BIPC](https://holderbook.com/stocks/BIPC/) | $274.5K | 7,119 | 0.5% | 7 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $272.2K | 1,139 | 0.5% | 19 |
| ISHARES TR | [SMLF](https://holderbook.com/stocks/SMLF/) | $253.7K | 2,846 | 0.5% | 10 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $245.5K | 2,168 | 0.4% | 1 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $244.7K | 2,589 | 0.4% | 1 |
| GEOPARK LTD | [GPRK](https://holderbook.com/stocks/GPRK/) | $229.2K | 25,185 | 0.4% | 2 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $228.5K | 1,093 | 0.4% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $226.3K | 891 | 0.4% | 1 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $218.8K | 426 | 0.4% | 8 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $215.8K | 513 | 0.4% | 14 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $212.3K | 227 | 0.4% | 19 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $211.8K | 1,648 | 0.4% | 1 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $207.1K | 122 | 0.4% | 8 |
| VANGUARD WORLD FD | [MGK](https://holderbook.com/stocks/MGK/) | $202.4K | 2,302 | 0.4% | 1 |

## 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 | +8.2% | +14.8% | -6.6% | 100% |
| Q1 2026 | -3.1% | -4.6% | +1.5% | 100% |
| Q4 2025 | +2.5% | +2.4% | +0.1% | 100% |
| Q3 2025 | +6.8% | +7.8% | -1.0% | 100% |
| Q2 2025 | +7.3% | +10.5% | -3.1% | 100% |
| Q1 2025 | -2.5% | -4.6% | +2.0% | 100% |
| Q4 2024 | +0.6% | +2.1% | -1.6% | 100% |
| Q3 2024 | +5.9% | +5.4% | +0.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $56.0M | 80 |
| Q1 2026 | $93.7M | 76 |
| Q4 2025 | $170.7M | 83 |
| Q3 2025 | $171.6M | 93 |
| Q2 2025 | $145.0M | 90 |
| Q1 2025 | $144.0M | 96 |
| Q4 2024 | $143.8M | 95 |
| Q3 2024 | $135.0M | 93 |
| Q2 2024 | $119.1M | 80 |
| Q1 2024 | $124.7M | 88 |
| Q4 2023 | $113.7M | 80 |
| Q3 2023 | $93.3M | 146 |