Tradewinds, LLC.

Fundamental diversified ★Signal CIK 1932342
League rank
#360
in Fundamental diversified · #1865 overall
Long book
$310.3M
Q1 2026
Positions
153
Top-10 weight
44%
concentration
Last quarter
+14.4%
SPY +14.8%
Turnover
42%
of book per quarter

Strategy in plain words

auto-generated from filings

Tradewinds, LLC. is a diversified fundamental manager, running a $310.3M US long book across 153 positions.

The portfolio is moderately concentrated (top 10 ≈ 44% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, AMAZON.COM INC, ALPHABET INC-CL C.

Over the last 9 quarters its long book ran on average 0.6pp per quarter ahead of the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+11.4%
Q2 2024
+5.0%
Q3 2024
+1.3%
Q4 2024
-1.7%
Q1 2025
+7.8%
Q2 2025
+6.2%
Q3 2025
+2.5%
Q4 2025
-0.9%
Q1 2026
+14.4%

Sector allocation

Technology
31%
Financials
19%
Industrials
15%
Consumer discretionary
12%
Healthcare
6%
Utilities
5%
Services media
4%
Other
2%

Long book by quarter

$209.0M
Q1 2024
$325.3M
Q2 2024
$324.8M
Q3 2024
$359.8M
Q4 2024
$354.4M
Q1 2025
$131.7M
Q2 2025
$410.6M
Q3 2025
$419.0M
Q4 2025
$310.3M
Q1 2026

What does Tradewinds, LLC. own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology112.6K$22.3M7.2%-11.8%
AAPL APPLE INCTechnology74.4K$20.8M6.7%-4.4%
MSFT MICROSOFT CORPTechnology36.1K$15.0M4.8%-6.2%
AMZN AMAZON.COM INCConsumer discretionary54.0K$14.5M4.7%-4.5%
GOOG ALPHABET INC-CL CTechnology33.7K$12.9M4.2%-8.3%
WMT WALMART INCConsumer discretionary90.0K$11.8M3.8%-6.1%
JPM JPMORGAN CHASE & COFinancials35.5K$11.1M3.6%-4.9%
MS MORGAN STANLEYFinancials51.0K$9.7M3.1%-4.8%
BKR BAKER HUGHES COIndustrials127.2K$8.8M2.8%-7.2%
DE DEERE & COIndustrials14.9K$8.6M2.8%-6.4%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials17.5K$8.3M2.7%-7.5%
V VISA INC-CLASS A SHARESServices media24.4K$8.0M2.6%-4.2%
USFD US FOODS HOLDING CORPConsumer discretionary75.7K$7.0M2.3%-8.0%
HON HONEYWELL INTERNATIONAL INCIndustrials32.6K$6.9M2.2%-6.1%
CAT CATERPILLAR INCIndustrials7.7K$6.8M2.2%+0.3%
LLY ELI LILLY & COHealthcare7.0K$6.8M2.2%+0.4%
GOOGL ALPHABET INC-CL ATechnology17.5K$6.7M2.2%+0.7%
ITW ILLINOIS TOOL WORKSIndustrials25.6K$6.5M2.1%-7.3%
RSG REPUBLIC SERVICES INCUtilities29.0K$6.0M1.9%-6.0%
BLK BLACKROCK INCFinancials5.4K$5.7M1.8%-5.4%
FCNCA FIRST CITIZENS BCSHS -CL AFinancials2.6K$5.2M1.7%+6.1%
DASH DOORDASH INC - AServices media28.0K$4.9M1.6%-6.7%
UNH UNITEDHEALTH GROUP INCFinancials11.7K$4.3M1.4%-1.0%
JNJ JOHNSON & JOHNSONHealthcare18.2K$4.1M1.3%-0.3%
PG PROCTER & GAMBLE CO/THEOther24.5K$3.6M1.2%+0.5%
DUK DUKE ENERGY CORPUtilities26.3K$3.4M1.1%+2.1%
COHR COHERENT CORPOther8.6K$2.8M0.9%-9.6%
AVGO BROADCOM INCTechnology6.2K$2.6M0.8%-19.1%
ABBV ABBVIE INCHealthcare11.1K$2.3M0.7%0.0%
XOM EXXON MOBIL CORPEnergy14.4K$2.2M0.7%-4.9%
CIEN CIENA CORPTechnology4.1K$2.2M0.7%-18.7%
CVX CHEVRON CORPEnergy11.2K$2.1M0.7%-1.9%
TFC TRUIST FINANCIAL CORPFinancials40.6K$2.1M0.7%+2.1%
PEP PEPSICO INCConsumer staples10.5K$1.6M0.5%-3.3%
FNB FNB CORPFinancials89.6K$1.6M0.5%Held
RY ROYAL BANK OF CANADAFinancials8.5K$1.5M0.5%Held
CSCO CISCO SYSTEMS INCTechnology15.7K$1.4M0.5%+1.7%
BAC BANK OF AMERICA CORPFinancials26.3K$1.4M0.5%-3.8%
BE BLOOM ENERGY CORP- AIndustrials4.7K$1.4M0.4%New
KO COCA-COLA CO/THEConsumer staples17.2K$1.3M0.4%+3.0%
TRV TRAVELERS COS INC/THEFinancials4.3K$1.3M0.4%Held
IBM INTL BUSINESS MACHINES CORPTechnology5.4K$1.3M0.4%-2.2%
D DOMINION ENERGY INCUtilities19.4K$1.2M0.4%-0.3%
MCD MCDONALD'S CORPConsumer discretionary4.2K$1.2M0.4%+0.2%
NEE NEXTERA ENERGY INCUtilities12.2K$1.2M0.4%+1.9%
CSX CSX CORPIndustrials26.0K$1.2M0.4%0.0%
MPC MARATHON PETROLEUM CORPEnergy4.5K$1.1M0.4%-1.3%
SO SOUTHERN CO/THEUtilities11.6K$1.1M0.4%+0.2%
AEP AMERICAN ELECTRIC POWERUtilities7.9K$1.1M0.3%+0.9%
MO ALTRIA GROUP INCConsumer staples14.4K$1.1M0.3%-0.7%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 4, 2026153$310.3M canonicalSEC ↗
Q4 202513F-HRFeb 13, 2026214$419.0M canonicalSEC ↗
Q3 202513F-HROct 29, 2025210$410.6M canonicalSEC ↗
Q2 202513F-HRAug 6, 2025570$407.2M canonicalSEC ↗
Q1 202513F-HRApr 29, 2025211$354.4M canonicalSEC ↗
Q4 202413F-HRFeb 12, 2025215$359.8M canonicalSEC ↗
Q3 202413F-HRNov 8, 2024160$324.8M canonicalSEC ↗
Q2 202413F-HRAug 14, 2024210$325.3M canonicalSEC ↗
Q1 202413F-HRMay 8, 202496$209.0M canonicalSEC ↗