Q2 2026 13F · SEC CIK 1818386

Ndwm LLC

Wealth managerFiled 2026-07-23 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $170.2M
Reported positions: 38
Top holdings a year, 3 yrs: +11.0%
Assets under management: $176.3M

Ndwm LLC is a wealth manager that reported 38 positions worth $170.2M in its Q2 2026 13F, filed 2026-07-23. Its largest holdings were Ishares Tr (IVV, 28.7%), Invesco Exchange Traded Fd T (RSP, 9.6%), Ishares Tr (AGG, 7.4%). A portfolio copying its top holdings returned 11.0% a year over the last 3 years, against 18.8% for the S&P 500.

Ndwm LLC holdings all 38 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. 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.

Ndwm LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
IVVIshares Tr	28.7%	27.5%	65,309	+0.7%	$48.9M
RSPInvesco Exchange Traded Fd T	9.6%	8.6%	77,021	+10.9%	$16.4M
AGGIshares Tr	7.4%	7.7%	127,840	+7.3%	$12.7M
BILSSpdr Series Trust	5.7%	7.2%	98,197	-12.4%	$9.8M
GLDSpdr Gold Tr	4.7%	6.0%	21,943	+1.6%	$8.1M
SLQDIshares Tr	4.4%	4.2%	150,111	+16.6%	$7.6M
SPYState Str Spdr S&p 500 ETF T	4.1%	4.7%	9,264	-16.7%	$6.9M
VLUEIshares Tr	3.2%	2.3%	26,976	+6.7%	$5.4M
CMFIshares Tr	3.1%	3.3%	92,199	+1.8%	$5.3M
EEMIshares Tr	3.0%	2.7%	75,626	+3.2%	$5.2M
ACWXIshares Tr	2.8%	2.7%	62,953	+4.4%	$4.8M
IWMIshares Tr	2.8%	2.3%	15,655	+8.1%	$4.7M
CALIBlackrock ETF Trust II	2.6%	2.7%	88,772	+5.9%	$4.5M
VTECVanguard Calif Tax Free Fds	2.6%	2.7%	43,280	+3.5%	$4.4M
BILSpdr Series Trust	2.0%	2.8%	37,596	-20.4%	$3.4M
XLKSelect Sector Spdr Tr	1.6%	1.2%	14,470	+0.0%	$2.8M
BRK-BBerkshire Hathaway Inc Del	1.5%	1.5%	4,999	+0.6%	$2.5M
SUBIshares Tr	1.2%	1.4%	19,945	+1.4%	$2.1M
MUBIshares Tr	1.2%	1.4%	19,540	-2.0%	$2.1M
SHYIshares Tr	0.9%	0.8%	18,454	+22.2%	$1.5M
QQQInvesco Qqq Tr	0.9%	0.8%	2,055	-0.0%	$1.5M
TSLATesla Inc	0.8%	0.8%	3,141	+0.1%	$1.3M
IEIIshares Tr	0.7%	0.3%	9,646	+156.2%	$1.1M
SPYDSpdr Ser Tr	0.7%	0.5%	23,451	+50.0%	$1.1M
AAPLApple Inc	0.6%	0.6%	3,663	+3.7%	$1.1M
IEFIshares Tr	0.6%	New	11,163	—	$1.1M
NTSXWisdomtree Tr	0.4%	0.4%	11,849	-0.8%	$700K
SHYGIshares Tr	0.3%	0.7%	10,769	-58.1%	$457K
CATCaterpillar Inc	0.2%	0.2%	392	+0.0%	$417K
GOOGLAlphabet Inc	0.2%	0.2%	1,088	+9.9%	$389K
VOOVanguard Index Fds	0.2%	New	547	—	$375K
MSFTMicrosoft Corp	0.2%	0.2%	784	+8.4%	$292K
LLYEli Lilly & Co	0.2%	0.1%	227	+0.0%	$272K
BABoeing Co	0.2%	0.2%	1,227	+0.0%	$266K
IYWIshares Tr	0.2%	New	1,045	—	$264K
AMDAdvanced Micro Devices Inc	0.1%	New	382	—	$222K
METAMeta Platforms Inc	0.1%	0.1%	385	+8.8%	$217K
XLESelect Sector Spdr Tr	0.1%	0.2%	3,819	+0.2%	$203K

What Ndwm LLC bought and sold in Q2 2026, against Q1 2026.

Sold out

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +13.8% /yr; S&P 500 +20.1%
3 years: +11.0% /yr; S&P 500 +18.8%
5 years: —

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
Q2 2026	$170.2M	38
Q1 2026	$154.2M	37
Q4 2025	$151.1M	33
Q3 2025	$147.4M	34
Q2 2025	$136.6M	31
Q1 2025	$102.3M	33
Q4 2024	$119.6M	31
Q3 2024	$121.3M	32
Q2 2024	$112.8M	33
Q1 2024	$109.8M	32
Q4 2023	$103.9M	28

Questions about Ndwm LLC's portfolio

What stocks does Ndwm LLC own?

Ndwm LLC's latest 13F, for Q2 2026 and filed Jul 23, 2026, lists 38 positions worth $170.2M. The largest are Ishares Tr (IVV) at 28.7%, Invesco Exchange Traded Fd T (RSP) at 9.6%, Ishares Tr (AGG) at 7.4%, Spdr Series Trust (BILS) at 5.7% and Spdr Gold Tr (GLD) at 4.7%.

What did Ndwm LLC buy last quarter?

In Q2 2026, Ndwm LLC added a new position in Ishares Tr (IEF), a new position in Vanguard Index Fds (VOO), a new position in Ishares Tr (IYW), a new position in Advanced Micro Devices Inc (AMD), Ishares Tr (IEI) (+156.2% shares), Spdr Ser Tr (SPYD) (+50.0% shares) and Ishares Tr (SHY) (+22.2% shares), compared with its Q1 2026 filing.

What did Ndwm LLC sell last quarter?

In Q2 2026, Ndwm LLC sold all of Servicenow Inc (NOW), sold all of Dominion Energy Inc (D), sold all of Sprott Asset Management LP (PHYS), Ishares Tr (SHYG) (-58.1% shares), Spdr Series Trust (BIL) (-20.4% shares) and State Str Spdr S&p 500 ETF T (SPY) (-16.7% shares), compared with its Q1 2026 filing.

How has Ndwm LLC's portfolio performed?

A portfolio copying Ndwm LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +11.0% a year over the last 3 years, against +18.8% for the S&P 500. Over 1 year: +13.8% against +20.1%.

When is Ndwm LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Ndwm LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Ndwm LLC manage?

Ndwm LLC reported $176.3M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $170.2M.