# NWM ADVISORS, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2098824. Source: https://holderbook.com/funds/2098824-nwm-advisors-llc/

- Reported value: $254.0M
- Positions: 23
- Weight of the ten largest: 82.6%
- Filed: 2026-08-07

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 |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $74.2M | 107,982 | 29.2% | 3 |
| VANGUARD ADMIRAL FDS INC | [IVOO](https://holderbook.com/stocks/IVOO/) | $31.7M | 243,092 | 12.5% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $21.1M | 42,184 | 8.3% | 3 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $15.6M | 194,054 | 6.2% | 3 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $15.0M | 415,132 | 5.9% | 3 |
| FIRST TR EXCHANGE-TRADED FD | [QTEC](https://holderbook.com/stocks/QTEC/) | $13.1M | 39,026 | 5.1% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $10.6M | 36,494 | 4.2% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $10.0M | 30,520 | 3.9% | 3 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $9.5M | 27,642 | 3.7% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $9.0M | 45,212 | 3.6% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $7.9M | 21,176 | 3.1% | 3 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $7.4M | 62,300 | 2.9% | 3 |
| THE ALGER ETF TRUST | [ALAI](https://holderbook.com/stocks/ALAI/) | $7.2M | 158,532 | 2.8% | 3 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $5.3M | 7,156 | 2.1% | 3 |
| VANGUARD MUN BD FDS | [VCRM](https://holderbook.com/stocks/VCRM/) | $4.7M | 61,230 | 1.8% | 3 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $3.4M | 31,436 | 1.3% | 3 |
| THE ALGER ETF TRUST | [INVN](https://holderbook.com/stocks/INVN/) | $3.3M | 155,814 | 1.3% | 3 |
| FIRST TR EXCHANGE-TRADED FD | [FDL](https://holderbook.com/stocks/FDL/) | $1.8M | 36,722 | 0.7% | 3 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $854.0K | 802 | 0.3% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $613.7K | 656 | 0.2% | 3 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $604.4K | 792 | 0.2% | 1 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $537.5K | 10,120 | 0.2% | 3 |
| PROSHARES TR | [NOBL](https://holderbook.com/stocks/NOBL/) | $487.9K | 8,688 | 0.2% | 3 |

## 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 | +15.2% | +14.8% | +0.3% | 100% |
| Q1 2026 | -5.3% | -4.6% | -0.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $254.0M | 23 |
| Q1 2026 | $109.8M | 23 |
| Q4 2025 | $114.9M | 25 |