NVWM, LLC
Long book
$449.2M
Q1 2026
Positions
747
Top-10 weight
27%
concentration
Last quarter
+13.4%
SPY +14.8%
Turnover
15%
of book per quarter
Strategy in plain words
auto-generated from filingsNVWM, LLC is an institutional manager, running a $449.2M US long book across 747 positions.
The portfolio is moderately concentrated (top 10 ≈ 27% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, MICROSOFT CORP, NVIDIA CORP, AMAZON.COM INC, SPDR GOLD SHARES.
Over the last 9 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 3 of 9 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
+3.1%
Q2 2024
+4.2%
Q3 2024
+1.4%
Q4 2024
-3.9%
Q1 2025
+11.8%
Q2 2025
+6.5%
Q3 2025
+1.5%
Q4 2025
-2.0%
Q1 2026
+13.4%
Sector allocation
Technology 41%
Consumer discretionary 12%
Industrials 12%
Financials 10%
Services media 7%
Healthcare 6%
Utilities 4%
Other 3%
Long book by quarter
What does NVWM, LLC own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 74.5K | $18.9M | 4.2% | +19.8% |
| MSFT MICROSOFT CORP | Technology | 40.7K | $15.1M | 3.4% | +2.9% |
| NVDA NVIDIA CORP | Technology | 84.7K | $14.8M | 3.3% | +6.8% |
| AMZN AMAZON.COM INC | Consumer discretionary | 68.1K | $14.2M | 3.2% | +2.1% |
| GOOGL ALPHABET INC-CL A | Technology | 40.0K | $11.5M | 2.6% | +9.5% |
| AVGO BROADCOM INC | Technology | 25.1K | $7.8M | 1.7% | +9.3% |
| META META PLATFORMS INC-CLASS A | Technology | 12.2K | $7.0M | 1.6% | +0.5% |
| NFLX NETFLIX INC | Services media | 56.1K | $5.4M | 1.2% | +4.2% |
| AMAT APPLIED MATERIALS INC | Technology | 15.3K | $5.2M | 1.2% | -9.0% |
| AMD ADVANCED MICRO DEVICES | Technology | 24.9K | $5.1M | 1.1% | +0.1% |
| CVX CHEVRON CORP | Energy | 23.8K | $4.9M | 1.1% | +227.0% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 4.8K | $4.8M | 1.1% | +11.4% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 9.1K | $4.4M | 1.0% | -12.4% |
| JPM JPMORGAN CHASE & CO | Financials | 14.8K | $4.4M | 1.0% | +0.7% |
| GEV GE VERNOVA INC | Industrials | 4.7K | $4.1M | 0.9% | -0.6% |
| MRK MERCK & CO. INC. | Healthcare | 32.9K | $4.0M | 0.9% | -0.2% |
| WFC WELLS FARGO & CO | Financials | 48.4K | $3.9M | 0.9% | +1.2% |
| V VISA INC-CLASS A SHARES | Services media | 12.6K | $3.8M | 0.8% | -10.7% |
| PANW PALO ALTO NETWORKS INC | Technology | 23.3K | $3.7M | 0.8% | +18.3% |
| WMT WALMART INC | Consumer discretionary | 29.7K | $3.7M | 0.8% | -5.0% |
| MA MASTERCARD INC - A | Services media | 6.9K | $3.4M | 0.8% | +1.0% |
| ANET ARISTA NETWORKS INC | Technology | 27.6K | $3.4M | 0.8% | -2.4% |
| LLY ELI LILLY & CO | Healthcare | 3.3K | $3.0M | 0.7% | +1.7% |
| AXP AMERICAN EXPRESS CO | Financials | 9.4K | $2.8M | 0.6% | +1.5% |
| CDNS CADENCE DESIGN SYS INC | Technology | 10.0K | $2.8M | 0.6% | +23.9% |
| TJX TJX COMPANIES INC | Consumer discretionary | 17.3K | $2.8M | 0.6% | +1.3% |
| ABBV ABBVIE INC | Healthcare | 12.3K | $2.7M | 0.6% | +0.1% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 5.3K | $2.6M | 0.6% | +0.1% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 1.9K | $2.6M | 0.6% | -12.8% |
| MS MORGAN STANLEY | Financials | 14.7K | $2.4M | 0.5% | -0.1% |
| BAC BANK OF AMERICA CORP | Financials | 49.0K | $2.4M | 0.5% | +1.4% |
| SBUX STARBUCKS CORP | Consumer discretionary | 25.8K | $2.3M | 0.5% | +3.6% |
| HD HOME DEPOT INC | Consumer discretionary | 7.0K | $2.3M | 0.5% | -17.9% |
| ATI ATI INC | Industrials | 15.7K | $2.3M | 0.5% | -1.1% |
| DIS WALT DISNEY CO/THE | Services media | 23.2K | $2.2M | 0.5% | +1.5% |
| WM WASTE MANAGEMENT INC | Utilities | 9.4K | $2.2M | 0.5% | +0.1% |
| NEE NEXTERA ENERGY INC | Utilities | 22.4K | $2.1M | 0.5% | -0.1% |
| ETN EATON CORP PLC | Industrials | 5.8K | $2.1M | 0.5% | -44.8% |
| PWR QUANTA SERVICES INC | Industrials | 3.6K | $2.0M | 0.4% | +2.3% |
| XEL XCEL ENERGY INC | Utilities | 24.5K | $1.9M | 0.4% | -1.3% |
| KLAC KLA CORP | Other | 1.3K | $1.9M | 0.4% | -19.0% |
| PEP PEPSICO INC | Consumer staples | 12.1K | $1.9M | 0.4% | +2.7% |
| MCD MCDONALD'S CORP | Consumer discretionary | 5.9K | $1.8M | 0.4% | -0.9% |
| LRCX LAM RESEARCH CORP | Industrials | 8.5K | $1.8M | 0.4% | -38.2% |
| UNP UNION PACIFIC CORP | Industrials | 7.4K | $1.8M | 0.4% | -1.0% |
| DUK DUKE ENERGY CORP | Utilities | 13.6K | $1.8M | 0.4% | +1.2% |
| LMT LOCKHEED MARTIN CORP | Industrials | 2.9K | $1.8M | 0.4% | +72350.0% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 11.9K | $1.7M | 0.4% | +53.8% |
| AEM AGNICO EAGLE MINES LTD | Materials | 8.4K | $1.7M | 0.4% | +2.2% |
| C CITIGROUP INC | Financials | 14.5K | $1.6M | 0.4% | +1.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 27, 2026 | 961 | $449.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 20, 2026 | 952 | $459.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 16, 2025 | 899 | $444.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 6, 2025 | 904 | $414.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 7, 2025 | 863 | $376.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 27, 2025 | 846 | $396.4M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 29, 2024 | 853 | $392.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 833 | $375.6M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 7, 2024 | 808 | $364.3M | canonical | SEC ↗ |
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