EWA, LLC
Long book
$440.9M
Q1 2026
Positions
281
Top-10 weight
50%
concentration
Last quarter
+15.0%
SPY +14.8%
Turnover
26%
of book per quarter
Strategy in plain words
auto-generated from filingsEWA, LLC is a wealth-management firm allocating client money, running a $440.9M US long book across 281 positions.
The portfolio is moderately concentrated (top 10 ≈ 50% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ISHARES CORE S&P 500 ETF, ISHARES S&P 500 VALUE ETF, ISHARES S&P 500 GROWTH ETF, ISHRS US E F R A ETF-USD INC, ISHARES CORE MSCI EMERGING.
Over the last 9 quarters its long book ran on average 0pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.6%
Q2 2024
+5.1%
Q3 2024
+1.5%
Q4 2024
-4.4%
Q1 2025
+11.9%
Q2 2025
+8.1%
Q3 2025
+1.9%
Q4 2025
-3.0%
Q1 2026
+15.0%
Sector allocation
Technology 53%
Industrials 9%
Financials 9%
Consumer discretionary 9%
Healthcare 5%
Energy 3%
Services media 3%
Other 2%
Long book by quarter
What does EWA, LLC own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 51.9K | $13.2M | 3.0% | +2.8% |
| NVDA NVIDIA CORP | Technology | 74.9K | $13.1M | 3.0% | +1.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 25.9K | $5.4M | 1.2% | +14.8% |
| META META PLATFORMS INC-CLASS A | Technology | 9.1K | $5.2M | 1.2% | +5.5% |
| MSFT MICROSOFT CORP | Technology | 13.9K | $5.1M | 1.2% | -25.0% |
| GOOG ALPHABET INC-CL C | Technology | 15.6K | $4.5M | 1.0% | +48.7% |
| AVGO BROADCOM INC | Technology | 10.3K | $3.2M | 0.7% | +4.6% |
| GOOGL ALPHABET INC-CL A | Technology | 10.2K | $2.9M | 0.7% | +33.5% |
| TSLA TESLA INC | Industrials | 7.0K | $2.6M | 0.6% | +6.4% |
| CSCO CISCO SYSTEMS INC | Technology | 32.6K | $2.5M | 0.6% | +3.7% |
| LLY ELI LILLY & CO | Healthcare | 2.2K | $2.0M | 0.5% | +35.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 4.1K | $2.0M | 0.4% | +15.6% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.8K | $1.8M | 0.4% | +23.1% |
| JPM JPMORGAN CHASE & CO | Financials | 6.2K | $1.8M | 0.4% | +4.9% |
| MU MICRON TECHNOLOGY INC | Technology | 4.1K | $1.4M | 0.3% | +18.2% |
| XOM EXXON MOBIL CORP | Energy | 7.8K | $1.3M | 0.3% | +15.2% |
| WMT WALMART INC | Consumer discretionary | 10.6K | $1.3M | 0.3% | +15.0% |
| CLS CELESTICA INC | Technology | 4.7K | $1.3M | 0.3% | -0.1% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 8.9K | $1.3M | 0.3% | -28.6% |
| LITE LUMENTUM HOLDINGS INC | Technology | 1.8K | $1.2M | 0.3% | +0.2% |
| JNJ JOHNSON & JOHNSON | Healthcare | 4.2K | $1.0M | 0.2% | +31.6% |
| V VISA INC-CLASS A SHARES | Services media | 3.2K | $965K | 0.2% | +13.1% |
| ASRV AMERISERV FINANCIAL INC | Financials | 245.6K | $889K | 0.2% | +0.8% |
| NFLX NETFLIX INC | Services media | 9.2K | $880K | 0.2% | +19.2% |
| KGC KINROSS GOLD CORP | Materials | 28.4K | $868K | 0.2% | -0.1% |
| LRCX LAM RESEARCH CORP | Industrials | 3.9K | $833K | 0.2% | +14.4% |
| ORCL ORACLE CORP | Technology | 5.7K | $832K | 0.2% | +16.8% |
| APH AMPHENOL CORP-CL A | Technology | 6.6K | $829K | 0.2% | +18.9% |
| AMD ADVANCED MICRO DEVICES | Technology | 4.1K | $829K | 0.2% | +39.6% |
| MA MASTERCARD INC - A | Services media | 1.5K | $766K | 0.2% | +6.8% |
| CAT CATERPILLAR INC | Industrials | 1.1K | $754K | 0.2% | +19.0% |
| ABBV ABBVIE INC | Healthcare | 3.5K | $753K | 0.2% | +14.4% |
| GS GOLDMAN SACHS GROUP INC | Financials | 868 | $734K | 0.2% | +10.3% |
| NEM NEWMONT CORP | Materials | 6.5K | $707K | 0.2% | +3.5% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 4.2K | $697K | 0.2% | +12.2% |
| WFC 7.5 PERP L WELLS FARGO & COMPANY | — | 601 | $694K | 0.2% | Held |
| ANET ARISTA NETWORKS INC | Technology | 5.0K | $611K | 0.1% | +17.8% |
| CEG CONSTELLATION ENERGY | Utilities | 2.1K | $594K | 0.1% | +6.1% |
| GE GENERAL ELECTRIC | Industrials | 2.1K | $587K | 0.1% | +24.0% |
| AMAT APPLIED MATERIALS INC | Technology | 1.7K | $574K | 0.1% | +18.4% |
| CVX CHEVRON CORP | Energy | 2.7K | $561K | 0.1% | +24.3% |
| BAC BANK OF AMERICA CORP | Financials | 11.5K | $561K | 0.1% | +19.2% |
| KLAC KLA CORP | Other | 376 | $554K | 0.1% | +5.6% |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 1.4K | $551K | 0.1% | +2.7% |
| TER TERADYNE INC | Technology | 1.9K | $549K | 0.1% | +4.3% |
| HD HOME DEPOT INC | Consumer discretionary | 1.6K | $541K | 0.1% | +14.7% |
| FIX COMFORT SYSTEMS USA INC | Industrials | 391 | $539K | 0.1% | +3.2% |
| BKNG BOOKING HOLDINGS INC | Industrials | 128 | $538K | 0.1% | -4.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 23, 2026 | 281 | $440.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 3, 2026 | 271 | $409.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 31, 2025 | 230 | $361.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 18, 2025 | 219 | $317.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 22, 2025 | 182 | $269.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 162 | $266.3M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 15, 2024 | 168 | $279.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 24, 2024 | 158 | $241.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 147 | $222.5M | canonical | SEC ↗ |