HWG Holdings LP

Other Low signal CIK 1599390
League rank
#1285
in Other · #4967 overall
Long book
$379.1M
Q1 2026
Positions
53
Top-10 weight
68%
concentration
Last quarter
+10.2%
SPY +14.8%
Turnover
48%
of book per quarter

Strategy in plain words

auto-generated from filings

HWG Holdings LP is an institutional manager, running a $379.1M US long book across 53 positions.

The portfolio is concentrated: the top 10 names carry 68% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: ISHARES CORE S&P 500 ETF, CURTISS-WRIGHT CORP, ALPHABET INC-CL A, ISHARES MSCI EMERGING MARKET, ISHARES MSCI BRAZIL ETF.

Over the last 8 quarters its long book ran on average 1.4pp per quarter behind the S&P 500, beating the index in 3 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
Q2 2024
+1.5%
Q3 2024
+4.0%
Q4 2024
-7.5%
Q1 2025
+12.8%
Q2 2025
+7.2%
Q3 2025
+0.3%
Q4 2025
-3.9%
Q1 2026
+10.2%

Sector allocation

Industrials
35%
Technology
34%
Financials
9%
Consumer discretionary
7%
Utilities
7%
Other
2%
Services media
2%
Energy
2%

Long book by quarter

$272.7M
Q2 2024
$290.7M
Q3 2024
$305.4M
Q4 2024
$224.3M
Q1 2025
$341.8M
Q2 2025
$394.6M
Q3 2025
$412.7M
Q4 2025
$379.1M
Q1 2026

What does HWG Holdings own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
CW CURTISS-WRIGHT CORPIndustrials43.6K$29.7M7.8%+34.5%
GOOGL ALPHABET INC-CL ATechnology98.6K$28.3M7.5%0.0%
NVDA NVIDIA CORPTechnology133.2K$23.2M6.1%-1.0%
JPM JPMORGAN CHASE & COFinancials53.5K$15.7M4.2%-1.1%
ESLT ELBIT SYSTEMS LTDIndustrials18.3K$15.5M4.1%-14.1%
KGS KODIAK GAS SERVICES INCUtilities178.7K$10.4M2.7%New
MSFT MICROSOFT CORPTechnology25.2K$9.3M2.5%-51.8%
MLI MUELLER INDUSTRIES INCIndustrials76.7K$8.5M2.2%-4.7%
AVGO BROADCOM INCTechnology22.0K$6.8M1.8%-42.9%
COST COSTCO WHOLESALE CORPConsumer discretionary6.4K$6.4M1.7%+4.6%
AGX ARGAN INCIndustrials10.5K$5.7M1.5%+32.2%
KLAC KLA CORPOther3.7K$5.5M1.4%New
AAPL APPLE INCTechnology20.3K$5.2M1.4%-19.4%
NFLX NETFLIX INCServices media53.6K$5.2M1.4%+640.3%
BKR BAKER HUGHES COIndustrials82.9K$5.1M1.3%New
TJX TJX COMPANIES INCConsumer discretionary28.6K$4.6M1.2%-0.5%
LMT LOCKHEED MARTIN CORPIndustrials7.5K$4.5M1.2%New
AMZN AMAZON.COM INCConsumer discretionary21.6K$4.5M1.2%-69.8%
CVX CHEVRON CORPEnergy19.1K$4.0M1.0%New
GS GOLDMAN SACHS GROUP INCFinancials4.3K$3.6M1.0%-8.9%
CAT CATERPILLAR INCIndustrials4.0K$2.9M0.8%New
ANET ARISTA NETWORKS INCTechnology23.3K$2.9M0.8%-7.3%
GEV GE VERNOVA INCIndustrials3.2K$2.8M0.7%New
EPD ENTERPRISE PRODUCTS PARTNERSUtilities70.0K$2.6M0.7%Held
GE GENERAL ELECTRICIndustrials8.3K$2.3M0.6%New
PCAR PACCAR INCIndustrials19.1K$2.2M0.6%New
LLY ELI LILLY & COHealthcare2.0K$1.8M0.5%New
ET ENERGY TRANSFER LPUtilities92.3K$1.8M0.5%Held
NOC NORTHROP GRUMMAN CORPTechnology1.3K$918K0.2%New
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials1.6K$770K0.2%+1.9%
ORI OLD REPUBLIC INTL CORPFinancials13.3K$530K0.1%New
XOM EXXON MOBIL CORPEnergy2.5K$420K0.1%+6.0%
DVN DEVON ENERGY CORPEnergy6.0K$303K0.1%New
RCL ROYAL CARIBBEAN CRUISES LTDIndustrials854$235K0.1%-9.5%
ABBV ABBVIE INCHealthcare931$202K0.1%New
META META PLATFORMS INC-CLASS ATechnology36$21K0.0%-99.8%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 6, 202655$384.5M canonicalSEC ↗
Q4 202513F-HRJan 12, 202647$412.7M canonicalSEC ↗
Q3 202513F-HROct 14, 202557$394.6M canonicalSEC ↗
Q2 202513F-HRJul 10, 202554$341.8M canonicalSEC ↗
Q1 202513F-HRApr 22, 2025131$224.3M canonicalSEC ↗
Q4 202413F-HRFeb 27, 202550$305K canonicalSEC ↗
Q3 202413F-HROct 23, 202451$290.7M canonicalSEC ↗
Q2 202413F-HRAug 19, 2024141$2.73B canonicalSEC ↗