# EWG Elevate Inc.

> Institutional holdings reported to the SEC as of Q3 2025 on Form 13F. CIK 1765278. Source: https://holderbook.com/funds/1765278-ewg-elevate-inc/

- Reported value: $320.0M
- Positions: 119
- Weight of the ten largest: 35.5%
- Filed: 2025-10-07

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 |
|---|---|---|---|---|---|
| BLACKROCK ETF TRUST | [BALI](https://holderbook.com/stocks/BALI/) | $23.4M | 735,843 | 7.3% | 6 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $16.9M | 724,931 | 5.3% | 24 |
| ISHARES TR | [IXG](https://holderbook.com/stocks/IXG/) | $12.2M | 104,843 | 3.8% | 4 |
| ARK ETF TR | [ARKW](https://holderbook.com/stocks/ARKW/) | $11.2M | 64,319 | 3.5% | 1 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $10.2M | 352,010 | 3.2% | 24 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $9.8M | 307,095 | 3.1% | 24 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $9.4M | 14,067 | 2.9% | 24 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $7.2M | 76,658 | 2.2% | 24 |
| FIRST TR EXCHANGE-TRADED FD | [LMBS](https://holderbook.com/stocks/LMBS/) | $6.9M | 137,579 | 2.1% | 15 |
| ISHARES INC | [EWP](https://holderbook.com/stocks/EWP/) | $6.5M | 131,955 | 2.0% | 2 |
| FIRST TR EXCHANGE-TRADED FD | [FDL](https://holderbook.com/stocks/FDL/) | $6.5M | 149,216 | 2.0% | 2 |
| ARK ETF TR | [ARKK](https://holderbook.com/stocks/ARKK/) | $6.4M | 73,695 | 2.0% | 12 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $6.3M | 80,895 | 2.0% | 2 |
| FIRST TR EXCHANGE-TRADED FD | [FTGS](https://holderbook.com/stocks/FTGS/) | $6.2M | 172,245 | 1.9% | 5 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $6.2M | 115,508 | 1.9% | 15 |
| BLACKROCK ETF TRUST | [DYNF](https://holderbook.com/stocks/DYNF/) | $6.2M | 103,961 | 1.9% | 3 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $5.6M | 46,501 | 1.8% | 12 |
| FIRST TR EXCHANGE-TRADED FD | [MGOV](https://holderbook.com/stocks/MGOV/) | $5.5M | 267,132 | 1.7% | 1 |
| FIRST TR EXCHANGE-TRADED FD | [RDVY](https://holderbook.com/stocks/RDVY/) | $5.2M | 76,765 | 1.6% | 5 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $5.0M | 86,768 | 1.5% | 11 |
| ISHARES TR | [AIA](https://holderbook.com/stocks/AIA/) | $4.9M | 52,163 | 1.5% | 2 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $4.7M | 44,969 | 1.5% | 7 |
| SPDR SERIES TRUST | [XBI](https://holderbook.com/stocks/XBI/) | $4.7M | 46,503 | 1.5% | 1 |
| ISHARES TR | [IYZ](https://holderbook.com/stocks/IYZ/) | $4.6M | 142,963 | 1.4% | 4 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $4.6M | 16,226 | 1.4% | 1 |
| SSGA ACTIVE ETF TR | [TOTL](https://holderbook.com/stocks/TOTL/) | $4.5M | 111,513 | 1.4% | 24 |
| ISHARES TR | [IWY](https://holderbook.com/stocks/IWY/) | $4.5M | 16,372 | 1.4% | 2 |
| VANECK ETF TRUST | [NLR](https://holderbook.com/stocks/NLR/) | $4.1M | 30,450 | 1.3% | 1 |
| ISHARES TR | [IDV](https://holderbook.com/stocks/IDV/) | $4.0M | 109,952 | 1.3% | 2 |
| VANGUARD SCOTTSDALE FDS | [VTWV](https://holderbook.com/stocks/VTWV/) | $4.0M | 25,620 | 1.2% | 1 |
| EA SERIES TRUST | [FRDM](https://holderbook.com/stocks/FRDM/) | $4.0M | 89,400 | 1.2% | 2 |
| INVESCO EXCHANGE TRADED FD T | [XMHQ](https://holderbook.com/stocks/XMHQ/) | $3.9M | 37,551 | 1.2% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $3.9M | 6,518 | 1.2% | 24 |
| FIRST TR EXCHANGE-TRADED FD | [FIIG](https://holderbook.com/stocks/FIIG/) | $3.5M | 165,214 | 1.1% | 1 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $3.5M | 47,131 | 1.1% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.4M | 13,443 | 1.1% | 24 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $3.4M | 5,109 | 1.1% | 9 |
| ARES CAPITAL CORP | [ARCC](https://holderbook.com/stocks/ARCC/) | $3.3M | 161,482 | 1.0% | 12 |
| PIMCO ETF TR | [BOND](https://holderbook.com/stocks/BOND/) | $3.3M | 35,283 | 1.0% | 24 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $2.8M | 52,699 | 0.9% | 6 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.8M | 5,421 | 0.9% | 24 |
| FIRST TR EXCHANGE-TRADED FD | [FSIG](https://holderbook.com/stocks/FSIG/) | $2.7M | 139,204 | 0.8% | 8 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $2.7M | 7,479 | 0.8% | 8 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $2.6M | 93,616 | 0.8% | 24 |
| FIRST TR EXCHNG TRADED FD VI | [AFMC](https://holderbook.com/stocks/AFMC/) | $2.5M | 74,125 | 0.8% | 4 |
| FIRST TR EXCHANGE-TRADED FD | [HYLS](https://holderbook.com/stocks/HYLS/) | $2.5M | 59,779 | 0.8% | 24 |
| FIRST TR EXCH TRADED FD III | [FMHI](https://holderbook.com/stocks/FMHI/) | $2.4M | 49,639 | 0.7% | 2 |
| ISHARES TR | [IYF](https://holderbook.com/stocks/IYF/) | $2.1M | 16,556 | 0.7% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.1M | 11,125 | 0.6% | 12 |
| FIRST TR EXCH TRADED FD III | [FEMB](https://holderbook.com/stocks/FEMB/) | $2.0M | 66,694 | 0.6% | 16 |
| ISHARES TR | [IDU](https://holderbook.com/stocks/IDU/) | $1.9M | 17,383 | 0.6% | 2 |
| FIRST TR EXCHANGE-TRADED FD | [TDIV](https://holderbook.com/stocks/TDIV/) | $1.9M | 19,459 | 0.6% | 1 |
| VANGUARD WORLD FD | [MGK](https://holderbook.com/stocks/MGK/) | $1.8M | 4,526 | 0.6% | 1 |
| FIRST TR EXCHNG TRADED FD VI | [UCON](https://holderbook.com/stocks/UCON/) | $1.8M | 71,910 | 0.6% | 16 |
| GAMING & LEISURE P | [GLPI](https://holderbook.com/stocks/GLPI/) | $1.8M | 38,850 | 0.6% | 14 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $1.7M | 8,669 | 0.5% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.6M | 7,116 | 0.5% | 23 |
| ISHARES TR | [GARP](https://holderbook.com/stocks/GARP/) | $1.5M | 23,426 | 0.5% | 3 |
| ISHARES TR | [ITA](https://holderbook.com/stocks/ITA/) | $1.5M | 7,327 | 0.5% | 1 |
| FIRST TR EXCHANGE-TRADED FD | [FTSM](https://holderbook.com/stocks/FTSM/) | $1.3M | 21,280 | 0.4% | 16 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $1.2M | 12,427 | 0.4% | 5 |
| ISHARES TR | [IOO](https://holderbook.com/stocks/IOO/) | $1.1M | 9,278 | 0.3% | 1 |
| ISHARES INC | [EWO](https://holderbook.com/stocks/EWO/) | $1.1M | 35,905 | 0.3% | 1 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.1M | 2,463 | 0.3% | 20 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $919.0K | 31,004 | 0.3% | 24 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $850.3K | 3,672 | 0.3% | 9 |
| FIRST TR EXCHNG TRADED FD VI | [BUFR](https://holderbook.com/stocks/BUFR/) | $792.4K | 23,711 | 0.2% | 7 |
| BLACKROCK ETF TRUST | [THRO](https://holderbook.com/stocks/THRO/) | $756.6K | 19,984 | 0.2% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $743.6K | 1,479 | 0.2% | 21 |
| SCHWAB STRATEGIC TR | [FNDF](https://holderbook.com/stocks/FNDF/) | $733.0K | 17,063 | 0.2% | 2 |
| PHILLIPS EDISON & CO INC | [PECO](https://holderbook.com/stocks/PECO/) | $721.0K | 21,001 | 0.2% | 15 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $714.3K | 5,772 | 0.2% | 11 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $680.5K | 26,470 | 0.2% | 24 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $641.5K | 693 | 0.2% | 24 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $608.0K | 3,571 | 0.2% | 4 |
| SCHWAB STRATEGIC TR | [SCHH](https://holderbook.com/stocks/SCHH/) | $601.7K | 27,894 | 0.2% | 15 |
| IRON MTN INC DEL | [IRM](https://holderbook.com/stocks/IRM/) | $583.3K | 5,722 | 0.2% | 22 |
| ISHARES U S ETF TR | [COMT](https://holderbook.com/stocks/COMT/) | $582.5K | 21,695 | 0.2% | 12 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $528.3K | 1,058 | 0.2% | 3 |
| PACER FDS TR | [COWZ](https://holderbook.com/stocks/COWZ/) | $527.3K | 9,175 | 0.2% | 4 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $514.1K | 1,630 | 0.2% | 7 |
| FRANKLIN TEMPLETON ETF TR | [IQM](https://holderbook.com/stocks/IQM/) | $497.4K | 5,698 | 0.2% | 1 |
| PROSHARES TR | [ONLN](https://holderbook.com/stocks/ONLN/) | $486.2K | 8,002 | 0.2% | 1 |
| ISHARES TR | [IYR](https://holderbook.com/stocks/IYR/) | $475.9K | 4,902 | 0.1% | 2 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $421.0K | 1,732 | 0.1% | 6 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $384.9K | 1,053 | 0.1% | 24 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $378.9K | 1,556 | 0.1% | 4 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $371.7K | 506 | 0.1% | 5 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $366.8K | 1,300 | 0.1% | 7 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $364.1K | 3,533 | 0.1% | 6 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $359.8K | 2,013 | 0.1% | 3 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $357.8K | 746 | 0.1% | 1 |
| ISHARES TR | [IBB](https://holderbook.com/stocks/IBB/) | $313.3K | 2,170 | 0.1% | 7 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $298.3K | 626 | 0.1% | 8 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $262.8K | 5,979 | 0.1% | 12 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $258.4K | 1,068 | 0.1% | 24 |
| FIRST TR EXCHANGE TRADED FD | [GRID](https://holderbook.com/stocks/GRID/) | $255.3K | 1,690 | 0.1% | 1 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $253.0K | 545 | 0.1% | 2 |
| INVESCO EXCHANGE TRADED FD T | [PBW](https://holderbook.com/stocks/PBW/) | $252.0K | 8,727 | 0.1% | 1 |
| INVESCO EXCH TRADED FD TR II | [CGW](https://holderbook.com/stocks/CGW/) | $244.2K | 3,802 | 0.1% | 2 |

## 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 | +6.2% | +7.8% | -1.6% | 100% |
| Q2 2025 | +7.9% | +10.5% | -2.6% | 100% |
| Q1 2025 | -2.8% | -4.6% | +1.7% | 100% |
| Q4 2024 | -1.4% | +2.1% | -3.5% | 94% |
| Q3 2024 | +5.4% | +5.4% | +0.0% | 100% |
| Q2 2024 | +2.2% | +4.0% | -1.8% | 100% |
| Q1 2024 | +7.2% | +10.0% | -2.9% | 100% |
| Q4 2023 | +10.4% | +11.2% | -0.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2025 | $320.0M | 119 |
| Q2 2025 | $324.6M | 142 |
| Q1 2025 | $267.5M | 121 |
| Q4 2024 | $328.3M | 149 |
| Q3 2024 | $249.0M | 113 |
| Q2 2024 | $273.7M | 133 |
| Q1 2024 | $262.8M | 125 |
| Q4 2023 | $241.0M | 107 |
| Q3 2023 | $221.2M | 96 |
| Q2 2023 | $241.8M | 98 |
| Q1 2023 | $234.4M | 92 |
| Q4 2022 | $198.6M | 833 |