# LWMG, LLC

> Institutional holdings reported to the SEC as of Q3 2024 on Form 13F. CIK 1964955. Source: https://holderbook.com/funds/1964955-lwmg-llc/

- Reported value: $526.1M
- Positions: 90
- Weight of the ten largest: 76.2%
- Filed: 2024-10-04

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 |
|---|---|---|---|---|---|
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $70.1M | 1,117,901 | 13.3% | 8 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $66.0M | 1,249,080 | 12.5% | 8 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $54.7M | 145,765 | 10.4% | 8 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $40.8M | 70,802 | 7.8% | 8 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $37.6M | 77,055 | 7.1% | 8 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $34.2M | 180,085 | 6.5% | 8 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $31.0M | 117,614 | 5.9% | 8 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $27.0M | 537,474 | 5.1% | 8 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $23.3M | 229,644 | 4.4% | 8 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $16.4M | 148,438 | 3.1% | 8 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $11.8M | 50,580 | 2.2% | 8 |
| SPDR SERIES TRUST | [SPAB](https://holderbook.com/stocks/SPAB/) | $11.6M | 442,554 | 2.2% | 8 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $9.8M | 124,402 | 1.9% | 8 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $7.2M | 52,816 | 1.4% | 8 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $7.1M | 65,825 | 1.3% | 8 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $6.6M | 115,072 | 1.3% | 8 |
| ISHARES TR | [SCZ](https://holderbook.com/stocks/SCZ/) | $6.0M | 88,073 | 1.1% | 8 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $5.5M | 32,691 | 1.0% | 8 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $4.0M | 9,276 | 0.8% | 8 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $3.9M | 17,060 | 0.7% | 8 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.5M | 13,280 | 0.5% | 8 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $2.5M | 4,207 | 0.5% | 8 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $2.1M | 14,101 | 0.4% | 8 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.0M | 16,781 | 0.4% | 7 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $1.7M | 6,039 | 0.3% | 8 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.7M | 14,531 | 0.3% | 2 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.5M | 8,852 | 0.3% | 8 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.5M | 8,878 | 0.3% | 8 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $1.4M | 23,109 | 0.3% | 8 |
| CLEAN ENERGY TECHNOLOGIES IN | [CETY](https://holderbook.com/stocks/CETY/) | $1.4M | 1,397,417 | 0.3% | 2 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $1.3M | 2,287 | 0.3% | 8 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $1.3M | 11,215 | 0.2% | 8 |
| BIO-TECHNE CORP | [TECH](https://holderbook.com/stocks/TECH/) | $1.2M | 15,285 | 0.2% | 8 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $1.1M | 13,619 | 0.2% | 8 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $1.1M | 5,374 | 0.2% | 8 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.1M | 2,310 | 0.2% | 8 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $1.0M | 4,616 | 0.2% | 8 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $959.3K | 5,784 | 0.2% | 8 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $942.0K | 1,063 | 0.2% | 8 |
| BRIDGEWATER BANCSHARES INC | [BWB](https://holderbook.com/stocks/BWB/) | $933.8K | 65,900 | 0.2% | 8 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $922.3K | 1,611 | 0.2% | 6 |
| SOLVENTUM CORP | [SOLV](https://holderbook.com/stocks/SOLV/) | $864.6K | 12,401 | 0.2% | 2 |
| SPDR SERIES TRUST | [SPIB](https://holderbook.com/stocks/SPIB/) | $850.4K | 25,227 | 0.2% | 8 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $830.9K | 3,940 | 0.2% | 8 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $828.1K | 14,395 | 0.2% | 8 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $818.1K | 9,864 | 0.2% | 8 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $724.4K | 2,248 | 0.1% | 8 |
| ISHARES TR | [IHI](https://holderbook.com/stocks/IHI/) | $649.7K | 10,970 | 0.1% | 8 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $626.2K | 7,754 | 0.1% | 8 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $597.9K | 5,265 | 0.1% | 8 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $587.6K | 1,869 | 0.1% | 8 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $582.2K | 3,424 | 0.1% | 8 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $580.4K | 5,916 | 0.1% | 7 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $578.4K | 2,211 | 0.1% | 8 |
| ISHARES TR | [IYH](https://holderbook.com/stocks/IYH/) | $538.9K | 8,291 | 0.1% | 4 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $513.7K | 5,706 | 0.1% | 8 |
| VANGUARD WORLD FD | [MGK](https://holderbook.com/stocks/MGK/) | $503.0K | 1,562 | 0.1% | 8 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $501.6K | 2,660 | 0.1% | 3 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $491.4K | 1,614 | 0.1% | 8 |
| ISHARES TR | [IUSV](https://holderbook.com/stocks/IUSV/) | $491.4K | 5,146 | 0.1% | 8 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $457.6K | 4,985 | 0.1% | 6 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $437.8K | 1,715 | 0.1% | 8 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $424.6K | 740 | 0.1% | 8 |
| SPDR SERIES TRUST | [BILS](https://holderbook.com/stocks/BILS/) | $419.7K | 4,215 | 0.1% | 6 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $419.4K | 3,791 | 0.1% | 6 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $419.0K | 4,161 | 0.1% | 6 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $408.2K | 9,090 | 0.1% | 8 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $403.6K | 5,026 | 0.1% | 8 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $393.6K | 8,606 | 0.1% | 8 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $382.4K | 725 | 0.1% | 8 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $323.4K | 2,196 | 0.1% | 8 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $322.4K | 3,142 | 0.1% | 8 |
| ISHARES TR | [IOO](https://holderbook.com/stocks/IOO/) | $293.3K | 2,958 | 0.1% | 7 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $283.9K | 457 | 0.1% | 8 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $278.6K | 3,555 | 0.1% | 4 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $278.0K | 1,385 | 0.1% | 4 |
| PUBLIC STORAGE | [PSA](https://holderbook.com/stocks/PSA/) | $268.0K | 736 | 0.1% | 1 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $261.3K | 645 | 0.0% | 8 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $257.8K | 2,373 | 0.0% | 8 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $251.2K | 441 | 0.0% | 7 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $248.2K | 1,439 | 0.0% | 1 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $235.0K | 849 | 0.0% | 3 |
| PACCAR INC | [PCAR](https://holderbook.com/stocks/PCAR/) | $233.0K | 2,361 | 0.0% | 4 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $232.3K | 1,338 | 0.0% | 2 |
| INVESCO EXCH TRADED FD TR II | [BKLN](https://holderbook.com/stocks/BKLN/) | $226.7K | 10,791 | 0.0% | 1 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $225.3K | 1,301 | 0.0% | 8 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $221.3K | 800 | 0.0% | 2 |
| ISHARES TR | [ESGD](https://holderbook.com/stocks/ESGD/) | $220.6K | 2,621 | 0.0% | 2 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $215.3K | 1,264 | 0.0% | 1 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $204.9K | 927 | 0.0% | 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 |
|---|---|---|---|---|
| Q3 2024 | +6.0% | +5.4% | +0.6% | 100% |
| Q2 2024 | +1.6% | +4.0% | -2.4% | 100% |
| Q1 2024 | +5.6% | +10.0% | -4.4% | 100% |
| Q4 2023 | +9.7% | +11.2% | -1.5% | 100% |
| Q3 2023 | -4.4% | -3.6% | -0.9% | 100% |
| Q2 2023 | +3.5% | +8.3% | -4.7% | 100% |
| Q1 2023 | +4.9% | +7.0% | -2.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2024 | $526.1M | 90 |
| Q2 2024 | $474.0M | 89 |
| Q1 2024 | $433.3M | 85 |
| Q4 2023 | $407.4M | 88 |
| Q3 2023 | $364.5M | 83 |
| Q2 2023 | $357.3M | 86 |
| Q1 2023 | $319.4M | 83 |
| Q4 2022 | $278.6M | 89 |