SEC 13F Intelligence

Managers / Q2 2023 · view latest →

NWI MANAGEMENT LP

CIK 0001103887 · 623 FIFTH AVENUE, 23 FLOOR, NEW YORK, NY, 10022 · 2122972958

Reported Value
$556M
Q2 2023
Positions
43
Filings on Record
35
2019–present window
Filed
Aug 14, 2023
original filing

Summary

Nwi Management LP reported $556M in U.S.-listed holdings across 43 positions for Q2 2023.

Its largest position, CVX, represents 6.8% of the portfolio.

Compared with Q1 2023, the fund opened 6 new positions and exited 8.

Portfolio Metrics

Turnover
+21.5%
vs prior filed quarter
Top-10 Concentration
+37.2%
share of reported value
Largest Position
+6.8%
Chevron
New / Exited
6 / 8
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $3.8BQ1 ’19Q2 ’19: $1.2BQ3 ’19: $1.6BQ4 ’19: $2.4BQ1 ’20: $1.2BQ1 ’20Q2 ’20: $1.3BQ3 ’20: $1.2BQ4 ’20: $1.0BQ1 ’21: $1.2BQ1 ’21Q2 ’21: $1.6BQ3 ’21: $1.6BQ4 ’21: $1.5BQ1 ’22: $873MQ1 ’22Q2 ’22: $3.3BQ3 ’22: $570MQ4 ’22: $452MQ1 ’23: $908MQ1 ’23Q2 ’23: $556MQ3 ’23: $2.1BQ4 ’23: $4.0BQ1 ’24: $3.3BQ1 ’24Q2 ’24: $2.7BQ3 ’24: $3.8BQ4 ’24: $2.3BQ1 ’25: $796MQ1 ’25Q2 ’25: $3.8BQ3 ’25: $3.7BQ4 ’25: $4.3BQ1 ’26: $3.5BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 52.6%Other: 41.5%ADR: 4.7%ETP: 1.2%
  • Common Stock · 52.6% · $293M
  • Other · 41.5% · $231M
  • ADR · 4.7% · $26M
  • ETP · 1.2% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DECEMBER 23 CALLS ON CVX USNEW+500.0K500.0K+$79M$79M
AMZNAMAZON.COM INCNEW+50.0K50.0K+$7M$7M
UUNITY SOFTWARE INCNEW+100.0K100.0K+$4M$4M
PINSPINTEREST INC- CLASS ANEW+100.0K100.0K+$3M$3M
IWMISHARES RUSSELL 2000 ETFNEW+5.0K5.0K+$936,000$936,000
SMHVANECK SEMICONDUCTOR ETFNEW+4.0K4.0K+$609,000$609,000
JUNE 23 PUTS ON IWM USSOLD OUT−500.0K0−$89M$0
MAY 23 PUTS ON MSFT USSOLD OUT−300.0K0−$86M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2023

41 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CVXCHEVRON CORPhistory →COM6.79%$38M240.0K
2MSFTMICROSOFT CORPhistory →COM5.20%$29M85.0K
3INTERCORP FINANCIAL SERVICESSHS4.54%$25M1.02M
4METAMETA PLATFORMS INC-CLASS Ahistory →CL A4.51%$25M87.5K
5AAPLAPPLE INChistory →COM3.38%$19M97.0K
6PANWPALO ALTO NETWORKS INChistory →COM2.87%$16M62.5K
7MLCOMELCO RESORTS & ENTERT-ADRhistory →ADR2.75%$15M1.25M
8TMUST-MOBILE US INChistory →COM2.55%$14M102.3K
9LLYELI LILLY & COhistory →COM2.53%$14M30.0K
10MGMMGM RESORTS INTERNATIONALhistory →COM2.09%$12M265.0K
11WDAYWORKDAY INC-CLASS Ahistory →CL A1.99%$11M49.0K
12GOOGALPHABET INC-CL Chistory →CAP STK CL C1.87%$10M86.0K
13TSLATESLA INChistory →COM1.79%$10M38.0K
14MUMICRON TECHNOLOGY INChistory →COM1.70%$9M150.0K
15JPMJPMORGAN CHASE & COhistory →COM1.57%$9M60.0K
16CPNGCOUPANG INChistory →CL A1.56%$9M500.0K
17AZNNASTRAZENECA PLC-SPONS ADRhistory →SPONSORED ADR1.29%$7M100.0K
18ARANTERO RESOURCES CORPhistory →COM1.24%$7M300.0K
19NETCLOUDFLARE INC - CLASS Ahistory →CL A COM1.17%$7M100.0K
20AMZNAMAZON.COM INChistory →COM1.17%$7M50.0K
21UALUNITED AIRLINES HOLDINGS INChistory →COM1.13%$6M115.0K
22WMTWALMART INChistory →COM1.13%$6M40.0K
23TAT&T INCCOM0.86%$5M300.0K
24LUVSOUTHWEST AIRLINES COCOM0.85%$5M130.0K
25STSENSATA TECHNOLOGIES HOLDINGSHS0.81%$4M100.0K
26UUNITY SOFTWARE INCCOM0.78%$4M100.0K
27NVDANVIDIA CORPCOM0.76%$4M10.0K
28BABAALIBABA GROUP HOLDING-SP ADRSPONSORED ADS0.67%$4M45.0K
29CNKCINEMARK HOLDINGS INCCOM0.58%$3M195.0K
30DALDELTA AIR LINES INCCOM NEW0.51%$3M60.0K
31PINSPINTEREST INC- CLASS ACL A0.49%$3M100.0K
32XLEENERGY SELECT SECTOR SPDRENERGY0.32%$2M22.0K
33ADBEADOBE INCCOM0.22%$1M2.5K
34TDSTELEPHONE AND DATA SYSTEMSCOM NEW0.22%$1M146.0K
35SLVISHARES SILVER TRUSTISHARES0.19%$1M50.0K
36XLFFINANCIAL SELECT SECTOR SPDRFINANCIAL0.19%$1M31.0K
37IBBISHARES BIOTECHNOLOGY ETFNASDAQ BIOTECH0.18%$1M8.0K
38IWMISHARES RUSSELL 2000 ETFRUSSELL 2000 ETF0.17%$936,0005.0K
39MIRATI THERAPEUTICS INCCOM0.16%$903,00025.0K
40OXYOCCIDENTAL PETROLEUM CORPCOM0.16%$882,00015.0K
41SMHVANECK SEMICONDUCTOR ETFSEMICONDUCTOR ET0.11%$609,0004.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026REVEALED$3.5B104May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025REVEALED$4.3B114Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025REVEALED$3.7B131Nov 17, 2025RESTATEMENTchanges · EDGAR ↗
Q2 2025REVEALED$3.8B111Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$796M46May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.3B55Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$3.8B46Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.7B41Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$3.3B52May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$4.0B53Feb 15, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.1B51Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$556M43Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$908M45May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$452M41Feb 15, 202313F-HRchanges · EDGAR ↗
Q3 2022$570M44Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022REVEALED$3.3B111Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$873M44May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.5B49Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.6B46Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.6B52Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.2B49May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.0B43Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.2B38Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.3B44Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.2B35May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$2.4B49Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.6B42Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.2B39Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$3.8B46May 15, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.