# MWA Asset Management

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1903058. Source: https://holderbook.com/funds/1903058-mwa-asset-management/

- Reported value: $221.3M
- Positions: 129
- Weight of the ten largest: 36.6%
- Filed: 2026-07-31

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 |
|---|---|---|---|---|---|
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $11.3M | 11,690 | 5.1% | 12 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $10.1M | 9,493 | 4.6% | 12 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $8.4M | 19,405 | 3.8% | 7 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $8.4M | 19,443 | 3.8% | 5 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $8.1M | 21,372 | 3.6% | 12 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $8.0M | 27,571 | 3.6% | 12 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $7.6M | 37,795 | 3.4% | 12 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $6.8M | 19,167 | 3.1% | 12 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $6.3M | 5,604 | 2.9% | 12 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $6.0M | 9,410 | 2.7% | 12 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $5.9M | 24,962 | 2.7% | 12 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $5.3M | 14,132 | 2.4% | 12 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $5.1M | 9,104 | 2.3% | 12 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $4.6M | 18,170 | 2.1% | 12 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $4.3M | 4,575 | 1.9% | 12 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $3.6M | 10,173 | 1.6% | 12 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $3.4M | 4,804 | 1.5% | 12 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $3.2M | 9,464 | 1.5% | 12 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $3.2M | 17,041 | 1.5% | 12 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $3.2M | 6,682 | 1.4% | 12 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $3.0M | 9,038 | 1.3% | 12 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $3.0M | 21,631 | 1.3% | 12 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $2.8M | 17,460 | 1.3% | 11 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.8M | 49,101 | 1.3% | 12 |
| WW GRAINGER INC | [GWW](https://holderbook.com/stocks/GWW/) | $2.6M | 1,922 | 1.2% | 12 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $2.6M | 2,178 | 1.2% | 4 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $2.4M | 6,926 | 1.1% | 12 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $2.3M | 6,285 | 1.1% | 3 |
| SOLSTICE ADVANCED MATLS INC | [SOLS](https://holderbook.com/stocks/SOLS/) | $2.2M | 24,799 | 1.0% | 3 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $2.1M | 14,614 | 1.0% | 12 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $2.0M | 14,166 | 0.9% | 12 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $1.9M | 6,273 | 0.9% | 12 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.9M | 16,446 | 0.8% | 12 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $1.9M | 4,702 | 0.8% | 12 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $1.8M | 15,468 | 0.8% | 12 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $1.8M | 3,642 | 0.8% | 12 |
| ISHARES TR | [IWS](https://holderbook.com/stocks/IWS/) | $1.8M | 10,983 | 0.8% | 12 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $1.7M | 14,046 | 0.8% | 12 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $1.6M | 5,866 | 0.7% | 10 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $1.6M | 21,208 | 0.7% | 12 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $1.6M | 10,623 | 0.7% | 12 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $1.6M | 4,231 | 0.7% | 12 |
| FIDELITY NATL FINL INC | [FNF](https://holderbook.com/stocks/FNF/) | $1.5M | 32,710 | 0.7% | 2 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $1.5M | 13,994 | 0.7% | 1 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $1.5M | 5,103 | 0.7% | 12 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.5M | 1,305 | 0.7% | 3 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $1.5M | 4,425 | 0.7% | 12 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $1.4M | 6,285 | 0.6% | 12 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $1.2M | 6,448 | 0.6% | 12 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $1.2M | 3,553 | 0.5% | 12 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $1.2M | 3,588 | 0.5% | 3 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $1.1M | 3,105 | 0.5% | 12 |
| WILLIAMS SONOMA INC | [WSM](https://holderbook.com/stocks/WSM/) | $1.1M | 4,792 | 0.5% | 12 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.1M | 2,170 | 0.5% | 12 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $1.0M | 4,541 | 0.5% | 12 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $939.9K | 12,402 | 0.4% | 12 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $925.2K | 2,589 | 0.4% | 12 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $909.7K | 1,852 | 0.4% | 10 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $866.7K | 5,695 | 0.4% | 12 |
| PROSHARES TR | [TDV](https://holderbook.com/stocks/TDV/) | $862.9K | 8,300 | 0.4% | 12 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $854.3K | 3,524 | 0.4% | 12 |
| CARDINAL HEALTH INC | [CAH](https://holderbook.com/stocks/CAH/) | $818.6K | 3,446 | 0.4% | 10 |
| QNITY ELECTRONICS INC | [Q](https://holderbook.com/stocks/Q/) | $801.2K | 4,906 | 0.4% | 1 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $778.9K | 17,178 | 0.4% | 12 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $771.8K | 3,491 | 0.3% | 1 |
| ISHARES TR | [SOXX](https://holderbook.com/stocks/SOXX/) | $731.7K | 1,142 | 0.3% | 11 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $729.5K | 3,258 | 0.3% | 1 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $703.4K | 16,613 | 0.3% | 12 |
| PACER FDS TR | [COWZ](https://holderbook.com/stocks/COWZ/) | $698.4K | 11,228 | 0.3% | 12 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $672.0K | 3,963 | 0.3% | 12 |
| ARGAN INC | [AGX](https://holderbook.com/stocks/AGX/) | $661.2K | 828 | 0.3% | 1 |
| VANGUARD ADMIRAL FDS INC | [VOOG](https://holderbook.com/stocks/VOOG/) | $657.1K | 7,953 | 0.3% | 11 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $642.4K | 4,065 | 0.3% | 7 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $640.7K | 1,103 | 0.3% | 4 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $625.3K | 4,866 | 0.3% | 12 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $613.8K | 822 | 0.3% | 12 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $580.1K | 1,915 | 0.3% | 12 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $573.4K | 3,789 | 0.3% | 4 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $569.6K | 1,557 | 0.3% | 12 |
| FIRST TR EXCHANGE-TRADED FD | [FDN](https://holderbook.com/stocks/FDN/) | $564.4K | 2,132 | 0.3% | 12 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $552.4K | 4,017 | 0.2% | 8 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $538.7K | 2,443 | 0.2% | 12 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $538.2K | 4,714 | 0.2% | 12 |
| WISDOMTREE TR | [DGRW](https://holderbook.com/stocks/DGRW/) | $514.4K | 5,380 | 0.2% | 11 |
| TEMA ETF TRUST | [VOLT](https://holderbook.com/stocks/VOLT/) | $498.2K | 11,894 | 0.2% | 4 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $471.7K | 4,276 | 0.2% | 12 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $464.3K | 2,073 | 0.2% | 12 |
| OWENS CORNING NEW | [OC](https://holderbook.com/stocks/OC/) | $436.7K | 2,747 | 0.2% | 2 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $425.4K | 5,913 | 0.2% | 4 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $424.6K | 3,553 | 0.2% | 12 |
| VANGUARD SCOTTSDALE FDS | [VONG](https://holderbook.com/stocks/VONG/) | $417.6K | 3,267 | 0.2% | 7 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $415.1K | 2,241 | 0.2% | 12 |
| VANGUARD WORLD FD | [MGK](https://holderbook.com/stocks/MGK/) | $413.2K | 4,700 | 0.2% | 12 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $407.7K | 1,678 | 0.2% | 12 |
| VANGUARD WORLD FD | [MGC](https://holderbook.com/stocks/MGC/) | $387.0K | 1,414 | 0.2% | 12 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $375.4K | 2,252 | 0.2% | 12 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $372.9K | 164 | 0.2% | 1 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $360.8K | 2,850 | 0.2% | 12 |
| INVESCO EXCH TRADED FD TR II | [RWJ](https://holderbook.com/stocks/RWJ/) | $359.5K | 6,042 | 0.2% | 10 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $358.7K | 3,348 | 0.2% | 12 |

## 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 | +26.9% | +14.8% | +12.0% | 100% |
| Q1 2026 | +0.6% | -4.6% | +5.2% | 100% |
| Q4 2025 | +2.6% | +2.4% | +0.2% | 100% |
| Q3 2025 | +10.6% | +7.8% | +2.8% | 100% |
| Q2 2025 | +12.6% | +10.5% | +2.2% | 100% |
| Q1 2025 | -5.1% | -4.6% | -0.5% | 100% |
| Q4 2024 | +1.6% | +2.1% | -0.5% | 100% |
| Q3 2024 | +7.0% | +5.4% | +1.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $221.3M | 129 |
| Q1 2026 | $182.6M | 126 |
| Q4 2025 | $179.5M | 121 |
| Q3 2025 | $181.1M | 126 |
| Q2 2025 | $163.4M | 118 |
| Q1 2025 | $144.2M | 118 |
| Q4 2024 | $150.4M | 125 |
| Q3 2024 | $150.4M | 128 |
| Q2 2024 | $140.4M | 121 |
| Q1 2024 | $138.0M | 123 |
| Q4 2023 | $121.0M | 116 |
| Q3 2023 | $103.6M | 109 |