# Tradewinds, LLC.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1932342. Source: https://holderbook.com/funds/1932342-tradewinds-llc/

- Reported value: $444.3M
- Positions: 215
- Weight of the ten largest: 31.9%
- Filed: 2026-08-14

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 |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $21.7M | 25,865 | 4.9% | 13 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $21.5M | 835 | 4.8% | 13 |
| DIMENSIONAL ETF TRUST | [DFIV](https://holderbook.com/stocks/DFIV/) | $13.4M | 1,108 | 3.0% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $13.2M | 6,956 | 3.0% | 17 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $12.9M | 14,991 | 2.9% | 1 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $12.1M | 13,623 | 2.7% | 1 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $12.0M | 4,575 | 2.7% | 1 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $11.8M | 894 | 2.7% | 13 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $11.7M | 35,409 | 2.6% | 4 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $11.6M | 8,581 | 2.6% | 4 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $10.5M | 629 | 2.4% | 4 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $10.2M | 789 | 2.3% | 4 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $9.5M | 7,686 | 2.1% | 4 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $8.8M | 225,654 | 2.0% | 4 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $8.4M | 4,778 | 1.9% | 4 |
| US FOODS HLDG CORP | [USFD](https://holderbook.com/stocks/USFD/) | $8.4M | 504 | 1.9% | 4 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $8.2M | 6,718 | 1.8% | 1 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $7.7M | 1,400 | 1.7% | 4 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $7.7M | 1,213 | 1.7% | 4 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $7.0M | 6,296 | 1.6% | 11 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $6.9M | 2,523 | 1.6% | 4 |
| SPDR SERIES TRUST | [XME](https://holderbook.com/stocks/XME/) | $6.2M | 33,014 | 1.4% | 1 |
| FIRST CTZNS BANCSHARES INC D | [FCNCA](https://holderbook.com/stocks/FCNCA/) | $6.2M | 1,244 | 1.4% | 4 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $5.5M | 8,190 | 1.2% | 4 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $5.2M | 3,106 | 1.2% | 4 |
| INTERCONTINENTAL HOTELS GROU | [IHG](https://holderbook.com/stocks/IHG/) | $5.2M | 16,233 | 1.2% | 1 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $5.0M | 3,548 | 1.1% | 1 |
| Rolls-Royce Holdings PLC | [RYCEY](https://holderbook.com/stocks/RYCEY/) | $4.9M | 2,118 | 1.1% | 1 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $4.6M | 3,289 | 1.0% | 1 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $4.6M | 3,693 | 1.0% | 1 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $4.3M | 304 | 1.0% | 1 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $3.7M | 1,046 | 0.8% | 4 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $3.7M | 920 | 0.8% | 1 |
| GOLDMAN SACHS ETF TR | [GBIL](https://holderbook.com/stocks/GBIL/) | $3.6M | 6,129 | 0.8% | 1 |
| DIMENSIONAL ETF TRUST | [DFCF](https://holderbook.com/stocks/DFCF/) | $3.6M | 1,561 | 0.8% | 1 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $3.5M | 241 | 0.8% | 1 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $3.4M | 89,609 | 0.8% | 1 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $3.2M | 2,930 | 0.7% | 4 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $3.1M | 500 | 0.7% | 1 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $3.1M | 6,010 | 0.7% | 4 |
| CIENA CORP | [CIEN](https://holderbook.com/stocks/CIEN/) | $3.0M | 13,698 | 0.7% | 4 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $2.8M | 1,398 | 0.6% | 1 |
| ALPS ETF TR | [AMLP](https://holderbook.com/stocks/AMLP/) | $2.7M | 238,571 | 0.6% | 1 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.5M | 1,552 | 0.6% | 4 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.4M | 71,961 | 0.5% | 13 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $2.3M | 27,622 | 0.5% | 4 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $2.1M | 4,365 | 0.5% | 1 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $2.1M | 5,091 | 0.5% | 4 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $2.0M | 317 | 0.4% | 1 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.9M | 994 | 0.4% | 4 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $1.8M | 50,402 | 0.4% | 4 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.8M | 1,361 | 0.4% | 4 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $1.8M | 39,858 | 0.4% | 4 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $1.8M | 604 | 0.4% | 4 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $1.8M | 1,138 | 0.4% | 4 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.8M | 6,324 | 0.4% | 4 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $1.8M | 1,419 | 0.4% | 4 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $1.7M | 991 | 0.4% | 4 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $1.6M | 2,191 | 0.4% | 1 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $1.5M | 1,989 | 0.3% | 4 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $1.5M | 18,071 | 0.3% | 4 |
| First Citizens BancShares Inc/ | [FCNCB](https://holderbook.com/stocks/FCNCB/) | $1.5M | 24,167 | 0.3% | 4 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.4M | 2,016 | 0.3% | 4 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.4M | 673 | 0.3% | 4 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $1.4M | 335 | 0.3% | 4 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.4M | 3,121 | 0.3% | 10 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.3M | 10,785 | 0.3% | 4 |
| J P MORGAN EXCHANGE TRADED F | [HELO](https://holderbook.com/stocks/HELO/) | $1.3M | 7,050 | 0.3% | 1 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $1.3M | 1,253 | 0.3% | 1 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $1.2M | 3,113 | 0.3% | 1 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.2M | 5,000 | 0.3% | 4 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $1.1M | 75,651 | 0.3% | 4 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $1.1M | 1,008 | 0.3% | 1 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $1.1M | 5,458 | 0.3% | 4 |
| SPDR SERIES TRUST | [XSD](https://holderbook.com/stocks/XSD/) | $1.1M | 1,800 | 0.2% | 1 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $1.1M | 24,432 | 0.2% | 4 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $1.1M | 1,980 | 0.2% | 4 |
| VANGUARD WORLD FD | [VCR](https://holderbook.com/stocks/VCR/) | $1.0M | 3,927 | 0.2% | 1 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $1.0M | 125,165 | 0.2% | 2 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $987.5K | 1,530 | 0.2% | 1 |
| J P MORGAN EXCHANGE TRADED F | [JMST](https://holderbook.com/stocks/JMST/) | $985.6K | 89,730 | 0.2% | 1 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $971.3K | 5,060 | 0.2% | 4 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $936.8K | 4,028 | 0.2% | 4 |
| CLEVELAND-CLIFFS INC NEW | [CLF](https://holderbook.com/stocks/CLF/) | $925.0K | 107,621 | 0.2% | 2 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $905.9K | 471 | 0.2% | 4 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $898.5K | 286 | 0.2% | 1 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $886.7K | 4,118 | 0.2% | 4 |
| CORTEVA INC | [CTVA](https://holderbook.com/stocks/CTVA/) | $872.9K | 745 | 0.2% | 1 |
| GLOBAL PMTS INC | [GPN](https://holderbook.com/stocks/GPN/) | $872.8K | 25,983 | 0.2% | 1 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $867.4K | 19,377 | 0.2% | 1 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $849.5K | 4,134 | 0.2% | 7 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $838.3K | 19,621 | 0.2% | 4 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $815.8K | 2,700 | 0.2% | 4 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $807.7K | 524 | 0.2% | 1 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $782.2K | 15,168 | 0.2% | 1 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $781.3K | 487 | 0.2% | 1 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $768.5K | 4,237 | 0.2% | 1 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $764.9K | 2,500 | 0.2% | 1 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $763.8K | 400 | 0.2% | 9 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $732.5K | 29,288 | 0.2% | 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 | +11.9% | +14.8% | -2.9% | 92% |
| Q1 2026 | -1.2% | -4.6% | +3.4% | 100% |
| Q4 2025 | +1.9% | +2.4% | -0.5% | 100% |
| Q3 2025 | +5.8% | +7.8% | -2.1% | 100% |
| Q2 2025 | +7.3% | +10.5% | -3.1% | 100% |
| Q1 2025 | -2.5% | -4.6% | +2.0% | 97% |
| Q4 2024 | +0.8% | +2.1% | -1.4% | 100% |
| Q3 2024 | +4.6% | +5.4% | -0.9% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $444.3M | 215 |
| Q1 2026 | $310.3M | 153 |
| Q4 2025 | $419.0M | 214 |
| Q3 2025 | $410.6M | 210 |
| Q2 2025 | $131.7M | 82 |
| Q1 2025 | $354.4M | 211 |
| Q4 2024 | $359.8M | 215 |
| Q3 2024 | $324.8M | 160 |
| Q2 2024 | $325.3M | 210 |
| Q1 2024 | $209.0M | 89 |
| Q3 2023 | $170.3M | 118 |
| Q2 2023 | $169.7M | 100 |