1y return+17.0%S&P 500 +20.9%
3y return+58.1%S&P 500 +68.5%
5y return+54.0%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2020: $207 against $242 in the S&P 500.2
Nwam LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| MSFTMicrosoft Corp | $88.4M | 4.4% | +3.2% |
| AAPLApple Inc | $79.4M | 4.0% | +7.2% |
| NVDANvidia Corporation | $48.2M | 2.4% | |
| QQQInvesco Qqq Tr | $46.1M | 2.3% | +5.3% |
| VUGVanguard Index Fds | $44.4M | 2.2% | −1.2% |
| VTVVanguard Index Fds | $39.4M | 2.0% | +2.0% |
| AVGOBroadcom Inc | $38.1M | 1.9% | +3.0% |
| AMZNAmazon Com Inc | $32.1M | 1.6% | −5.3% |
| ITOTIshares Tr | $31.2M | 1.6% | +1.4% |
| IWFIshares Tr | $30.6M | 1.5% | +2.8% |
| GOOGAlphabet Inc | $25.1M | 1.3% | +17.3% |
| IVVIshares Tr | $22.9M | 1.1% | −3.6% |
| TSLATesla Inc | $20.8M | 1.0% | −3.2% |
| BRK/BBerkshire Hathaway Inc Del | $20.8M | 1.0% | −2.0% |
| COSTCostco Wholesale Corporation | $19.8M | 1.0% | +1.2% |
| GOOGLAlphabet Inc | $18.9M | 0.9% | +7.8% |
| LLYEli Lilly & Co | $18.7M | 0.9% | +7.5% |
| BSVVanguard Bd Index Fds | $17.4M | 0.9% | −6.6% |
| AVUVAmerican Centy Etf Tr | $17.2M | 0.9% | +2.6% |
| Dimensional Etf TrustCUSIP 25434V708 | $16.3M | 0.8% | +4.0% |
| VEAVanguard Tax-managed Fds | $16.3M | 0.8% | −3.7% |
| SPYState Str Spdr S&p 500 Etf T | $15.9M | 0.8% | +12.2% |
| BNDVanguard Bd Index Fds | $15.6M | 0.8% | +3.0% |
| AGGIshares Tr | $15.4M | 0.8% | +25.4% |
| BIVVanguard Bd Index Fds | $14.6M | 0.7% | +22.4% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| AVGOBroadcom Inc | December 31, 2020 | +762.7% | $38.1M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $18.9M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $25.1M |
| GEVGe Vernova Inc | September 30, 2024 | +360.8% | $12.1M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $79.4M |
| BRK/BBerkshire Hathaway Inc Del | June 30, 2020 | +180.3% | $20.8M |
| SMHVaneck Etf Trust | September 30, 2024 | +167.2% | $14.1M |
| TSMTaiwan Semiconductor Manufac | June 30, 2025 | +110.9% | $12.7M |
| TSLATesla Inc | December 31, 2020 | +78.8% | $20.8M |
| AMZNAmazon Com Inc | June 30, 2020 | +72.8% | $32.1M |
Sold off last quarter
- Exxon Mobil CorpCUSIP 30231G102 was $21.7M
- Honeywell Intl IncCUSIP 438516106 was $7.5M
- HIIHuntington Ingalls Inds Inc was $6.7M
- ILFIshares Tr was $4.7M
- CNRCore Natural Resources Inc was $3.5M
- SQQQProshares Tr was $1.5M
- DBCInvesco Db Commdy Indx Trck was $904K
- TSNTyson Foods Inc was $742K
- VXXBarclays Bank PLC was $509K
- PPAInvesco Exchange Traded Fd T was $482K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +9.0% | +14.8% |
| March 31, 2026 | −2.1% | −4.6% |
| December 31, 2025 | +1.5% | +2.4% |
| September 30, 2025 | +8.1% | +7.8% |
| June 30, 2025 | +11.5% | +10.5% |
| March 31, 2025 | −4.4% | −4.6% |
| December 31, 2024 | +1.1% | +2.1% |
| September 30, 2024 | +6.6% | +5.4% |
| June 30, 2024 | +3.2% | +4.0% |
| March 31, 2024 | +7.2% | +10.0% |
| December 31, 2023 | +10.4% | +11.2% |
| September 30, 2023 | −3.7% | −3.6% |
| June 30, 2023 | +6.0% | +8.3% |
| March 31, 2023 | +6.2% | +7.0% |
| December 31, 2022 | +6.3% | +7.1% |
| September 30, 2022 | −5.3% | −5.3% |
| June 30, 2022 | −16.2% | −16.5% |
| March 31, 2022 | −3.5% | −4.9% |
| December 31, 2021 | +7.3% | +10.7% |
| September 30, 2021 | −0.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Nwam LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1655006&type=13F-HR&dateb=&owner=include&count=40CIK 1655006
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1655006/000165500626000005/Filed July 23, 2026 · accession 0001655006-26-000005