Q1 2026 13F · SEC CIK 1535847

Cwm, LLC

Wealth managerFiled 2026-05-14 for Q1 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $38.0B
Reported positions: 5,644
Top holdings a year, 3 yrs: +15.8%
Assets under management: $50.6B

Cwm, LLC is a wealth manager that reported 5,644 positions worth $38.0B in its Q1 2026 13F, filed 2026-05-14. Its largest holdings were Ishares Tr (IVV, 2.4%), Spdr Series Trust (SPLG, 2.3%), Ishares Tr (IUSB, 2.1%). A portfolio copying its top holdings returned 15.8% a year over the last 3 years, against 20.4% for the S&P 500.

Cwm, LLC holdings largest 50 of 5,644 positions.

Weights are shares of the filer's total reported 13F value, compared with Q4 2025. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Cwm, LLC 13F holdings
Stock	% of 13F value	Q4 2025	Shares	Share change	Reported value
IVVIshares Tr	2.4%	2.7%	1,394,503	-2.9%	$910.9M
SPLGSpdr Series Trust	2.3%	2.3%	11,255,034	+8.6%	$861.5M
IUSBIshares Tr	2.1%	2.2%	17,616,671	+2.5%	$813.7M
SPDWSpdr Index Shs Fds	2.1%	1.9%	17,682,357	+13.9%	$807.2M
AAPLApple Inc	1.8%	2.0%	2,730,847	+0.8%	$693.1M
NVDANvidia Corporation	1.6%	1.7%	3,473,955	+3.0%	$605.9M
IVEIshares Tr	1.4%	1.5%	2,566,919	-0.5%	$542.0M
IVWIshares Tr	1.4%	1.6%	4,777,915	+0.1%	$540.4M
COROBlackrock ETF Trust	1.4%	—	16,208,136	—	$521.1M
DYNFBlackrock ETF Trust	1.2%	1.3%	7,830,130	-2.3%	$455.6M
SPYState Str Spdr S&p 500 ETF T	1.2%	0.9%	682,869	+36.0%	$444.1M
MSFTMicrosoft Corp	1.2%	1.4%	1,186,360	+10.8%	$439.2M
SPMOInvesco Exch Traded Fd Tr II	1.1%	1.0%	3,591,581	+20.0%	$402.7M
SPTISpdr Series Trust	1.0%	0.5%	12,847,946	+104.3%	$368.2M
QUALIshares Tr	1.0%	1.2%	1,889,343	-15.9%	$362.4M
SPABSpdr Series Trust	0.9%	1.3%	14,001,534	-23.0%	$358.7M
BONDPimco ETF Tr	0.9%	1.0%	3,741,411	-9.8%	$345.3M
AMZNAmazon Com Inc	0.9%	1.0%	1,619,786	+5.1%	$337.4M
LGLVSpdr Series Trust	0.8%	0.9%	1,783,969	-1.1%	$317.7M
VUGVanguard Index Fds	0.8%	0.9%	653,482	+1.5%	$285.4M
QQQInvesco Qqq Tr	0.7%	0.9%	490,751	-4.5%	$283.3M
GOOGLAlphabet Inc	0.7%	0.9%	962,835	-7.4%	$276.9M
MTUMIshares Tr	0.7%	0.8%	1,149,067	+0.7%	$275.8M
SPYGState Street Spdr Portfolio S&p 500 Grow	0.7%	0.8%	2,780,818	-2.2%	$272.3M
SPTMSpdr Series Trust	0.7%	0.7%	3,349,506	+2.5%	$264.8M
BILSpdr Series Trust	0.6%	0.6%	2,630,828	+6.5%	$241.1M
SPYVState Street Spdr Portfolio S&p 500 Valu	0.6%	0.6%	4,161,823	+1.9%	$235.5M
IEMGIshares Inc	0.6%	1.0%	3,247,216	-42.9%	$226.5M
EFVIshares Tr	0.6%	1.1%	3,030,442	-44.9%	$225.3M
TOTLSsga Active ETF Tr	0.6%	0.5%	5,455,083	+15.1%	$216.7M
SCHGSchwab Strategic Tr	0.6%	0.7%	7,205,154	-3.4%	$209.9M
AVGOBroadcom Inc	0.5%	0.6%	667,208	+2.5%	$206.5M
BILSSpdr Series Trust	0.5%	0.6%	2,019,477	-1.8%	$200.8M
BRK-BBerkshire Hathaway Inc Del	0.5%	0.5%	394,551	+2.5%	$189.1M
BAIBlackrock ETF Trust	0.5%	0.5%	5,610,905	+9.6%	$184.9M
MBBIshares Tr	0.5%	0.5%	1,927,060	+0.9%	$183.0M
FBNDFidelity Merrimack Str Tr	0.5%	0.4%	3,864,523	+18.2%	$176.3M
WMTWalmart Inc	0.5%	—	1,417,724	—	$176.2M
XOMExxon Mobil Corp	0.5%	—	1,030,824	—	$174.9M
BUFRFirst Tr Exchng Traded Fd Vi	0.5%	0.5%	5,140,529	+3.6%	$173.6M
GOVTIshares Tr	0.5%	—	7,549,432	—	$173.0M
JNJJohnson & Johnson	0.4%	—	692,270	—	$169.2M
VTVVanguard Index Fds	0.4%	0.4%	854,071	-0.7%	$167.6M
JPMJpmorgan Chase & Co	0.4%	0.5%	550,203	+2.6%	$161.8M
MINTPimco Enhanced Short Maturity Active Exc	0.4%	0.5%	1,603,698	-4.3%	$161.3M
ULSTSsga Active ETF Tr	0.4%	0.4%	3,949,890	+3.9%	$160.0M
TLHIshares Tr	0.4%	0.4%	1,558,713	-2.1%	$157.0M
PVALPutnam Focused Large Capvalue ETF	0.4%	—	3,343,154	—	$155.1M
TSLATesla Inc	0.4%	0.5%	413,279	+6.1%	$153.6M
JIREJpmorgan International Research Enhanced	0.4%	—	1,912,801	—	$144.9M

What Cwm, LLC bought and sold in Q1 2026, against Q4 2025.

New positions

Q4 2025's filing was too long to tell new positions apart.

Added to

SPTI Spdr Series Trust+104.3% shares
SPY State Str Spdr S&p 500 ETF T+36.0% shares
SPMO Invesco Exch Traded Fd Tr II+20.0% shares
FBND Fidelity Merrimack Str Tr+18.2% shares
TOTL Ssga Active ETF Tr+15.1% shares
SPDW Spdr Index Shs Fds+13.9% shares
MSFT Microsoft Corp+10.8% shares
BAI Blackrock ETF Trust+9.6% shares

Reduced

EFV Ishares Tr-44.9% shares
IEMG Ishares Inc-42.9% shares
SPAB Spdr Series Trust-23.0% shares
QUAL Ishares Tr-15.9% shares
BOND Pimco ETF Tr-9.8% shares
GOOGL Alphabet Inc-7.4% shares

Left the top 50

Share counts compared with the Q4 2025 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +17.6% /yr; S&P 500 +20.1%
3 years: +15.8% /yr; S&P 500 +20.4%
5 years: +7.2% /yr; S&P 500 +11.2%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q1 2026	$38.0B	5,644
Q4 2025	$36.9B	5,325
Q3 2025	$33.2B	5,239
Q2 2025	$28.4B	5,093
Q1 2025	$25.1B	5,022
Q4 2024	$24.1B	4,866
Q3 2024	$23.2B	4,777
Q2 2024	$21.2B	4,543
Q1 2024	$20.6B	4,266
Q4 2023	$18.6B	4,082
Q3 2023	$16.3B	4,124
Q2 2023	$16.2B	4,114

Questions about Cwm, LLC's portfolio

What stocks does Cwm, LLC own?

Cwm, LLC's latest 13F, for Q1 2026 and filed May 14, 2026, lists 5,644 positions worth $38.0B. The largest are Ishares Tr (IVV) at 2.4%, Spdr Series Trust (SPLG) at 2.3%, Ishares Tr (IUSB) at 2.1%, Spdr Index Shs Fds (SPDW) at 2.1% and Apple Inc (AAPL) at 1.8%.

What did Cwm, LLC buy last quarter?

In Q1 2026, Cwm, LLC added Spdr Series Trust (SPTI) (+104.3% shares), State Str Spdr S&p 500 ETF T (SPY) (+36.0% shares) and Invesco Exch Traded Fd Tr II (SPMO) (+20.0% shares), compared with its Q4 2025 filing.

What did Cwm, LLC sell last quarter?

In Q1 2026, Cwm, LLC cut from its top 50 Ishares Tr (OEF), cut from its top 50 Spdr Series Trust (SPMD), cut from its top 50 Select Sector Spdr Tr (XLK), cut from its top 50 Meta Platforms Inc (META), cut from its top 50 Ishares Gold Tr (IAU), Ishares Tr (EFV) (-44.9% shares), Ishares Inc (IEMG) (-42.9% shares) and Spdr Series Trust (SPAB) (-23.0% shares), compared with its Q4 2025 filing.

How has Cwm, LLC's portfolio performed?

A portfolio copying Cwm, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +15.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +17.6% against +20.1%. Over 5 years: +7.2% a year against +11.2%.

When is Cwm, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Cwm, LLC's filing for the quarter ending Jun 30, 2026 was due by Aug 14, 2026; this page updates once it is processed.

How much money does Cwm, LLC manage?

Cwm, LLC reported $50.6B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $38.0B.