SEC 13F Intelligence

Managers / Q4 2023 · view latest →

NWI MANAGEMENT LP

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

Reported Value
$4.0B
Q4 2023
Positions
53
Filings on Record
35
2019–present window
Filed
Feb 15, 2024
original filing

Summary

Nwi Management LP reported $4.0B in U.S.-listed holdings across 53 positions for Q4 2023.

Its largest position, NVDA, represents 2.4% of the portfolio.

Compared with Q3 2023, the fund opened 10 new positions and exited 8.

Portfolio Metrics

Turnover
+15.5%
vs prior filed quarter
Top-10 Concentration
+8.5%
share of reported value
Largest Position
+2.4%
Nvidia
New / Exited
10 / 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
Other: 88.4%Common Stock: 11.0%ADR: 0.3%ETP: 0.3%
  • Other · 88.4% · $3.6B
  • Common Stock · 11.0% · $443M
  • ADR · 0.3% · $14M
  • ETP · 0.3% · $12M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
JANUARY 24 CALLS ON SPY USNEW+3.94M3.94M+$1.9B$1.9B
MARCH 24 PUTS ON QQQ USNEW+500.0K500.0K+$205M$205M
MARCH 24 PUTS ON AAPL USNEW+203.0K203.0K+$39M$39M
AMDADVANCED MICRO DEVICESNEW+111.3K111.3K+$16M$16M
TAT&T INCNEW+500.0K500.0K+$8M$8M
ALKALASKA AIR GROUP INCNEW+145.0K145.0K+$6M$6M
VZVERIZON COMMUNICATIONS INCNEW+150.0K150.0K+$6M$6M
INDAISHARES MSCI INDIA ETFNEW+20.0K20.0K+$976,000$976,000

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

Holdings — Q4 2023

43 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA CORPhistory →COM2.44%$99M199.5K
2LLYELI LILLY & COhistory →COM1.30%$52M90.0K
3MSFTMICROSOFT CORPhistory →COM1.21%$49M130.0K
4GOOGALPHABET INC-CL Chistory →CAP STK CL C0.75%$30M216.0K
5METAMETA PLATFORMS INC-CLASS Ahistory →CL A0.59%$24M67.5K
6INTERCORP FINANCIAL SERVICESSHS0.56%$22M1.02M
7PANWPALO ALTO NETWORKS INChistory →COM0.46%$18M62.5K
8AMDADVANCED MICRO DEVICEShistory →COM0.41%$16M111.3K
9TMUST-MOBILE US INChistory →COM0.41%$16M102.3K
10UALUNITED AIRLINES HOLDINGS INChistory →COM0.38%$15M375.0K
11WDAYWORKDAY INC-CLASS Ahistory →CL A0.33%$14M49.0K
12MUMICRON TECHNOLOGY INChistory →COM0.32%$13M150.0K
13JPMJPMORGAN CHASE & COhistory →COM0.25%$10M60.0K
14TSLATESLA INCCOM0.23%$9M38.0K
15TAT&T INCCOM0.21%$8M500.0K
16NETCLOUDFLARE INC - CLASS ACL A COM0.21%$8M100.0K
17CPNGCOUPANG INCCL A0.20%$8M500.0K
18MLCOMELCO RESORTS & ENTERT-ADRADR0.18%$7M805.0K
19ARANTERO RESOURCES CORPCOM0.17%$7M300.0K
20WMTWALMART INCCOM0.16%$6M40.0K
21MGMMGM RESORTS INTERNATIONALCOM0.15%$6M135.0K
22ALKALASKA AIR GROUP INCCOM0.14%$6M145.0K
23VZVERIZON COMMUNICATIONS INCCOM0.14%$6M150.0K
24AMZNAMAZON.COM INCCOM0.09%$4M25.0K
25STSENSATA TECHNOLOGIES HOLDINGSHS0.09%$4M100.0K
26BABAALIBABA GROUP HOLDING-SP ADRSPONSORED ADS0.09%$3M45.0K
27CNKCINEMARK HOLDINGS INCCOM0.09%$3M245.0K
28XLVHEALTH CARE SELECT SECTORSBI HEALTHCARE0.08%$3M25.0K
29AZNNASTRAZENECA PLC-SPONS ADRSPONSORED ADR0.08%$3M50.0K
30TDSTELEPHONE AND DATA SYSTEMSCOM NEW0.07%$3M146.0K
31PINSPINTEREST INC- CLASS ACL A0.06%$3M70.0K
32DALDELTA AIR LINES INCCOM NEW0.06%$2M60.0K
33XLEENERGY SELECT SECTOR SPDRENERGY0.05%$2M22.0K
34ADBEADOBE INCCOM0.04%$1M2.5K
35XLFFINANCIAL SELECT SECTOR SPDRFINANCIAL0.03%$1M31.0K
36SLVISHARES SILVER TRUSTISHARES0.03%$1M50.0K
37IBBISHARES BIOTECHNOLOGY ETFNASDAQ BIOTECH0.03%$1M8.0K
38IWMISHARES RUSSELL 2000 ETFRUSSELL 2000 ETF0.02%$1M5.0K
39INDAISHARES MSCI INDIA ETFMSCI INDIA ETF0.02%$976,00020.0K
40GLDSPDR GOLD SHARESGOLD SHS0.02%$956,0005.0K
41OXYOCCIDENTAL PETROLEUM CORPCOM0.02%$896,00015.0K
42NEW AMBRX BIOPHARMA INCCOM0.02%$764,00053.6K
43SMHVANECK SEMICONDUCTOR ETFSEMICONDUCTOR ET0.02%$699,0004.0K

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 ↗.