SEC 13F Intelligence

Managers / Q4 2024 · view latest →

NWI MANAGEMENT LP

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

Reported Value
$2.3B
Q4 2024
Positions
55
Filings on Record
35
2019–present window
Filed
Feb 14, 2025
original filing

Summary

Nwi Management LP reported $2.3B in U.S.-listed holdings across 55 positions for Q4 2024.

Its largest position, QQQ, represents 14.6% of the portfolio.

Compared with Q3 2024, the fund opened 10 new positions and exited 7.

Portfolio Metrics

Turnover
+38.4%
vs prior filed quarter
Top-10 Concentration
+41.6%
share of reported value
Largest Position
+14.6%
Invesco Qqq Tr
New / Exited
10 / 7
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: 47.6%ETP: 45.3%ADR: 5.8%Other: 1.3%
  • Common Stock · 47.6% · $1.1B
  • ETP · 45.3% · $1.0B
  • ADR · 5.8% · $131M
  • Other · 1.3% · $30M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IBITISHARES BITCOIN TRNEW+3.80M3.80M+$202M$202M
LLYELI LILLY & CONEW+101.5K101.5K+$78M$78M
CVXCHEVRON CORP NEWNEW+500.0K500.0K+$72M$72M
UNITED STATES STL CORP NEWNEW+1.44M1.44M+$49M$49M
WDCWESTERN DIGITAL CORP.NEW+360.0K360.0K+$21M$21M
TEVATEVA PHARMACEUTICAL INDS LTDNEW+720.0K720.0K+$16M$16M
GEOGEO GROUP INC NEWNEW+88.6K88.6K+$2M$2M
CXWCORECIVIC INCNEW+112.0K112.0K+$2M$2M

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

Holdings — Q4 2024

43 positions (from 46 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1QQQINVESCO QQQ TRhistory →UNIT SER 114.59%$331M648.0K
2NTRANATERA INChistory →COM5.02%$114M720.0K
3IBITISHARES BITCOIN TRhistory →SHS4.44%$101M1.90M
4YPFYPF SOCIEDAD ANONIMAhistory →SPON ADR CL D3.74%$85M2.00M
5COHRCOHERENT CORPhistory →COM3.38%$77M810.0K
6MELIMERCADOLIBRE INChistory →COM3.20%$73M42.7K
7UNITED STATES STL CORP NEWCOM2.16%$49M1.44M
8GOOGALPHABET INChistory →CAP STK CL C1.99%$45M237.0K
9AMZNAMAZON COM INChistory →COM1.74%$39M180.0K
10AAPLAPPLE INChistory →COM1.39%$32M126.1K
11INTERCORP FINL SVCS INCSHS1.30%$30M1.02M
12NVDANVIDIA CORPORATIONhistory →COM1.28%$29M216.0K
13MSFTMICROSOFT CORPhistory →COM1.18%$27M63.4K
14PANWPALO ALTO NETWORKS INChistory →COM1.00%$23M125.0K
15METAMETA PLATFORMS INChistory →CL A0.97%$22M37.5K
16WDCWESTERN DIGITAL CORP.history →COM0.95%$21M360.0K
17INSMINSMED INChistory →COM PAR $.010.85%$19M279.0K
18TEVATEVA PHARMACEUTICAL INDS LTDhistory →SPONSORED ADS0.70%$16M720.0K
19JPMJPMORGAN CHASE & CO.history →COM0.59%$13M56.0K
20WDAYWORKDAY INChistory →CL A0.55%$12M48.0K
21MUMICRON TECHNOLOGY INChistory →COM0.54%$12M145.0K
22ADBEADOBE INChistory →COM0.53%$12M27.0K
23AMDADVANCED MICRO DEVICES INChistory →COM0.48%$11M90.0K
24WMTWALMART INChistory →COM0.48%$11M120.0K
25ARANTERO RESOURCES CORPhistory →COM0.46%$11M300.0K
26INDAISHARES TRMSCI INDIA ETF · ISHARES BIOTECH0.32%$7M126.5K
27TSLATESLA INCCOM0.28%$6M15.7K
28XLVSELECT SECTOR SPDR TRSBI HEALTHCARE · ENERGY · FINANCIAL0.27%$6M67.0K
29CRWDCROWDSTRIKE HLDGS INCCL A0.23%$5M15.0K
30BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.17%$4M45.0K
31AZNNASTRAZENECA PLCSPONSORED ADR0.14%$3M50.0K
32GEOGEO GROUP INC NEWCOM0.11%$2M88.6K
33CXWCORECIVIC INCCOM0.11%$2M112.0K
34NETCLOUDFLARE INCCL A COM0.09%$2M18.0K
35TMUST-MOBILE US INCCOM0.08%$2M8.0K
36GGALGRUPO FINANCIERO GALICIA S.ASPONSORED ADR0.08%$2M28.0K
37AXONAXON ENTERPRISE INCCOM0.06%$1M2.4K
38GLDSPDR GOLD TRGOLD SHS0.05%$1M5.0K
39LLYELI LILLY & COCOM0.05%$1M1.5K
40OXYOCCIDENTAL PETE CORPCOM0.03%$741,00015.0K
41ARGTGLOBAL X FDSGB MSCI AR ETF0.03%$736,0008.9K
42SMHVANECK ETF TRUSTSEMICONDUCTR ETF0.03%$727,0003.0K
43SLVISHARES SILVER TRISHARES0.03%$658,00025.0K

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 ↗.