CWA Asset Management Group, LLC
Long book
$2.92B
Q1 2026
Positions
644
Top-10 weight
25%
concentration
Last quarter
+6.4%
SPY +14.8%
Turnover
22%
of book per quarter
Strategy in plain words
auto-generated from filingsCWA Asset Management Group, LLC is an institutional manager, running a $2.92B US long book across 644 positions.
The portfolio is moderately concentrated (top 10 ≈ 25% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, ISHARES 1-3 YEAR TREASURY BO, SPDR GOLD SHARES.
Over the last 8 quarters its long book ran on average 0.2pp per quarter behind the S&P 500, beating the index in 4 of 8 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+3.8%
Q3 2024
+3.2%
Q4 2024
-1.2%
Q1 2025
+9.8%
Q2 2025
+8.9%
Q3 2025
+2.4%
Q4 2025
-0.2%
Q1 2026
+6.4%
Sector allocation
Technology 33%
Financials 13%
Industrials 10%
Consumer discretionary 10%
Energy 8%
Materials 6%
Healthcare 6%
Utilities 5%
Long book by quarter
What does CWA Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 997.5K | $174.0M | 6.0% | +0.7% |
| AAPL APPLE INC | Technology | 573.2K | $145.5M | 5.0% | +2.9% |
| MSFT MICROSOFT CORP | Technology | 201.5K | $74.6M | 2.6% | -2.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 243.5K | $50.7M | 1.7% | -2.9% |
| GOOG ALPHABET INC-CL C | Technology | 156.6K | $44.9M | 1.5% | -0.7% |
| GOOGL ALPHABET INC-CL A | Technology | 141.2K | $40.6M | 1.4% | +6.9% |
| TPL TEXAS PACIFIC LAND CORP | Financials | 84.4K | $40.0M | 1.4% | New |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 77.5K | $37.1M | 1.3% | +0.1% |
| ORLA ORLA MINING LTD | Materials | 2.3M | $37.1M | 1.3% | -31.8% |
| NE NOBLE CORP PLC | Energy | 707.9K | $34.7M | 1.2% | +333.3% |
| RIG TRANSOCEAN LTD | Energy | 5.2M | $34.5M | 1.2% | New |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 33.4K | $33.2M | 1.1% | -3.7% |
| META META PLATFORMS INC-CLASS A | Technology | 54.2K | $31.0M | 1.1% | -0.2% |
| CLB CORE LABORATORIES INC | Energy | 1.7M | $29.2M | 1.0% | +179.7% |
| JPM JPMORGAN CHASE & CO | Financials | 96.9K | $28.5M | 1.0% | -1.8% |
| AVGO BROADCOM INC | Technology | 79.6K | $24.6M | 0.8% | +2.8% |
| JNJ JOHNSON & JOHNSON | Healthcare | 96.9K | $23.7M | 0.8% | -0.9% |
| CCJ CAMECO CORP | Materials | 207.6K | $22.6M | 0.8% | -2.9% |
| SO SOUTHERN CO/THE | Utilities | 208.8K | $20.2M | 0.7% | +0.3% |
| G8L GREENLIGHT CAPITAL RE LTD-A | — | 1.2M | $20.0M | 0.7% | +18.5% |
| SEB SEABOARD CORP | Consumer discretionary | 3.5K | $19.9M | 0.7% | New |
| V VISA INC-CLASS A SHARES | Services media | 65.8K | $19.9M | 0.7% | -3.3% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 125.6K | $18.4M | 0.6% | -4.4% |
| ABBV ABBVIE INC | Healthcare | 83.3K | $18.1M | 0.6% | -0.3% |
| DUK DUKE ENERGY CORP | Utilities | 131.0K | $17.2M | 0.6% | -2.3% |
| CAH CARDINAL HEALTH INC | Consumer discretionary | 77.4K | $16.4M | 0.6% | -5.1% |
| UROY URANIUM ROYALTY CORP | Financials | 4.0M | $14.7M | 0.5% | New |
| MO ALTRIA GROUP INC | Consumer staples | 217.0K | $14.3M | 0.5% | -39.1% |
| GS GOLDMAN SACHS GROUP INC | Financials | 16.6K | $14.0M | 0.5% | -1.7% |
| AGI ALAMOS GOLD INC-CLASS A | Materials | 313.6K | $13.9M | 0.5% | +12.1% |
| DE DEERE & CO | Industrials | 23.7K | $13.4M | 0.5% | -2.6% |
| RS RELIANCE INC | Consumer discretionary | 43.3K | $13.1M | 0.5% | +21.4% |
| GLW CORNING INC | Industrials | 96.5K | $13.1M | 0.4% | -3.5% |
| CASY CASEY'S GENERAL STORES INC | Consumer discretionary | 17.5K | $12.7M | 0.4% | -23.5% |
| QCOM QUALCOMM INC | Technology | 92.5K | $11.9M | 0.4% | -1.8% |
| AEM AGNICO EAGLE MINES LTD | Materials | 57.4K | $11.7M | 0.4% | +13.3% |
| LMT LOCKHEED MARTIN CORP | Industrials | 19.2K | $11.6M | 0.4% | -13.1% |
| JBL JABIL INC | Technology | 43.4K | $11.5M | 0.4% | -4.8% |
| HII HUNTINGTON INGALLS INDUSTRIE | Industrials | 30.3K | $11.5M | 0.4% | +16.1% |
| TSLA TESLA INC | Industrials | 30.7K | $11.4M | 0.4% | +1.6% |
| CNR CORE NATURAL RESOURCES INC | Materials | 104.6K | $11.0M | 0.4% | New |
| GRMN GARMIN LTD | Technology | 46.5K | $10.8M | 0.4% | -5.7% |
| LRCX LAM RESEARCH CORP | Industrials | 49.6K | $10.6M | 0.4% | -1.3% |
| FCFS FIRSTCASH HOLDINGS INC | Consumer discretionary | 55.2K | $10.4M | 0.4% | -12.6% |
| FCN FTI CONSULTING INC | Services media | 58.1K | $10.3M | 0.4% | -62.6% |
| GROY GOLD ROYALTY CORP | Materials | 2.9M | $10.2M | 0.4% | -27.6% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 167.8K | $10.2M | 0.3% | +45.8% |
| GM GENERAL MOTORS CO | Industrials | 135.2K | $10.1M | 0.3% | +3.1% |
| C CITIGROUP INC | Financials | 85.9K | $9.7M | 0.3% | +1.0% |
| ORCL ORACLE CORP | Technology | 62.6K | $9.2M | 0.3% | -7.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 20, 2026 | 699 | $2.95B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 7, 2026 | 643 | $2.77B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 22, 2025 | 660 | $2.70B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 17, 2025 | 639 | $2.37B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 21, 2025 | 600 | $2.09B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 6, 2025 | 559 | $1.98B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 1, 2024 | 567 | $1.88B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 533 | $1.65B | canonical | SEC ↗ |
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