LCW Services, LLC

LCW Services, LLC is a wealth-management firm allocating client money, running a $201.3M US long book across 39 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, SCHWAB INTL EQUITY ETF, ISHARES CORE S&P MIDCAP ETF, VANGUARD TOTAL BOND MARKET, VANGUARD FTSE EMERGING MARKE.

Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.