SEC 13F Intelligence

Managers / Q2 2023 · view latest →

CWM, LLC

CIK 0001535847 · 14600 BRANCH ST., OMAHA, NE, 68154 · 888-321-0808

Reported Value
$16M
Q2 2023
Positions
4,449
Filings on Record
39
2019–present window
Filed
Aug 3, 2023
original filing

Summary

Cwm, LLC reported $16M in U.S.-listed holdings across 4,449 positions for Q2 2023.

Its largest position, Ishares Tr, represents 7.5% of the portfolio.

Compared with Q1 2023, the fund opened 349 new positions and exited 223.

Portfolio Metrics

Turnover
+4.1%
vs prior filed quarter
Top-10 Concentration
+30.1%
share of reported value
Largest Position
+7.5%
Ishares Tr
New / Exited
349 / 223
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. 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
Q4 ’18: $4.0BQ4 ’18Q1 ’19: $5.0BQ2 ’19: $6.0BQ3 ’19: $6.9BQ4 ’19: $7.8BQ4 ’19Q1 ’20: $6.7BQ2 ’20: $8.4BQ3 ’20: $9.0BQ4 ’20: $10.7BQ4 ’20Q1 ’21: $11.4BQ2 ’21: $12.5BQ3 ’21: $12.5BQ4 ’21: $14.2BQ4 ’21Q1 ’22: $14.1BQ2 ’22: $12.9BQ3 ’22: $12.6BQ1 ’23: $15MQ1 ’23Q2 ’23: $16MQ3 ’23: $16MQ4 ’23: $19MQ1 ’24: $21MQ1 ’24Q2 ’24: $21MQ3 ’24: $23MQ4 ’24: $24MQ1 ’25: $25MQ1 ’25Q2 ’25: $28MQ3 ’25: $33MQ4 ’25: $37Mfilingsflow.com

Portfolio Composition

By security type
ETP: 73.4%Common Stock: 23.7%Other: 1.5%REIT: 0.7%ADR: 0.6%Other: 0.1%
  • ETP · 73.4% · $12M
  • Common Stock · 23.7% · $4M
  • Other · 1.5% · $239,000
  • REIT · 0.7% · $116,301
  • ADR · 0.6% · $93,380
  • Other · 0.1% · $19,580

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TRI4EURTHOMSON REUTERS CORP.NEW+65.3K65.3K+$8,808$8,808
SCHWAB STRATEGIC TRNEW+232.3K232.3K+$8,430$8,430
WISDOMTREE TRNEW+139.9K139.9K+$5,619$5,619
FIRST TR EXCHNG TRADED FD VINEW+132.3K132.3K+$5,154$5,154
SCHWAB CHARLES FAMILY FDNEW+3.00M3.00M+$3,000$3,000
DFSVDIMENSIONAL ETF TRUSTNEW+109.2K109.2K+$2,808$2,808
JGROJ P MORGAN EXCHANGE TRADED FNEW+48.4K48.4K+$2,697$2,697
FRANKLIN TEMPLETON ETF TRNEW+54.6K54.6K+$2,450$2,450

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

Holdings — Q2 2023

18 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TLHISHARES TRCORE S&P500 ETF · CORE TOTAL USD · MSCI USA QLT FCT · MBS ETF · CORE MSCI EAFE · MSCI USA MIN VOL · ESG AWR MSCI USA · US TREAS BD ETF · EAFE VALUE ETF · U.S. TECH ETF · MSCI USA MMENTM · EAFE GRWTH ETF · CORE DIV GRWTH · S&P 500 GRWT ETF · S&P 500 VAL ETF · 10-20 YR TRS ETF · CORE S&P US VLU · INTL EQTY FACTOR · JPMORGAN USD EMG · CORE US AGGBD ET · INVESTMENT GRADE35.47%$6M74.86M
2SPDR SER TRPORTFOLIO AGRGTE · BLOOMBERG 1-3 MO · PORTFOLIO S&P500 · BLOOMBERG 3-12 M · PRTFLO S&P500 VL · PORTFOLI S&P1500 · PORTFOLIO S&P400 · PRTFLO S&P500 GW6.54%$1M21.77M
3PIMCO ETF TRENHAN SHRT MA AC · ACTIVE BD ETF · ENHNCD LW DUR AC3.15%$509,1025.33M
4AAPLAPPLE INChistory →COM1.88%$303,9941.57M
5ISHARES INCCORE MSCI EMKT1.46%$236,5074.80M
6SCHWAB STRATEGIC TRUS DIVIDEND EQ · US LCAP GR ETF1.44%$232,7953.16M
7MSFTMICROSOFT CORPhistory →COM1.38%$222,666653.9K
8SPDR INDEX SHS FDSPORTFOLIO DEVLPD1.16%$188,1655.78M
9WISDOMTREE TRUS HIGH DIVIDEND · US HGH YLD CORP1.03%$166,9482.91M
10NDQINVESCO QQQ TRhistory →UNIT SER 11.02%$164,663445.7K
11VUGVANGUARD INDEX FDSGROWTH ETF · VALUE ETF1.01%$162,729806.0K
12AMZNAMAZON COM INCCOM0.84%$136,6871.05M
13SPDR S&P 500 ETF TRTR UNIT0.77%$124,313280.4K
14BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.51%$82,696242.5K
15LLYLILLY ELI & COCOM0.42%$68,363145.8K
16VANGUARD BD INDEX FDSTOTAL BND MRKT0.41%$66,731918.0K
17PGPROCTER AND GAMBLE COCOM0.38%$61,548405.6K
18MRKMERCK & CO INCCOM0.36%$58,432506.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026Under review5,738May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$37M5,622Jan 26, 202613F-HRchanges · EDGAR ↗
Q3 2025$33M5,526Oct 15, 202513F-HRchanges · EDGAR ↗
Q2 2025$28M5,277Jul 25, 202513F-HRchanges · EDGAR ↗
Q1 2025$25M5,238May 1, 202513F-HRchanges · EDGAR ↗
Q4 2024$24M5,134Feb 4, 202513F-HRchanges · EDGAR ↗
Q3 2024$23M5,119Oct 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$21M4,996Jul 10, 202413F-HRchanges · EDGAR ↗
Q1 2024$21M4,792Apr 5, 202413F-HRchanges · EDGAR ↗
Q4 2023$19M4,402Feb 1, 202413F-HRchanges · EDGAR ↗
Q3 2023$16M4,492Oct 11, 202313F-HRchanges · EDGAR ↗
Q2 2023$16M4,449Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$15M4,326May 1, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review4,287Feb 1, 202313F-HRchanges · EDGAR ↗
Q3 2022$12.6B4,193Oct 27, 202213F-HRchanges · EDGAR ↗
Q2 2022$12.9B4,083Jul 28, 202213F-HRchanges · EDGAR ↗
Q1 2022$14.1B3,718Apr 21, 202213F-HRchanges · EDGAR ↗
Q4 2021$14.2B3,782Jan 31, 202213F-HRchanges · EDGAR ↗
Q3 2021$12.5B3,136Sep 15, 2021RESTATEMENTchanges · EDGAR ↗
Q2 2021$12.5B3,136Jul 29, 202113F-HRchanges · EDGAR ↗
Q1 2021$11.4B2,974Apr 27, 202113F-HRchanges · EDGAR ↗
Q4 2020$10.7B2,797Jan 27, 202113F-HRchanges · EDGAR ↗
Q3 2020$9.0B2,869Oct 19, 202013F-HRchanges · EDGAR ↗
Q2 2020$8.4B2,776Jul 22, 202013F-HRchanges · EDGAR ↗
Q1 2020$6.7B2,795Apr 28, 202013F-HRchanges · EDGAR ↗
Q4 2019$7.8B2,637Jan 27, 202013F-HRchanges · EDGAR ↗
Q3 2019$6.9B2,338Oct 22, 201913F-HRchanges · EDGAR ↗
Q2 2019$6.0B2,310Jul 31, 201913F-HRchanges · EDGAR ↗
Q1 2019$5.0B2,233Apr 22, 201913F-HRchanges · EDGAR ↗
Q4 2018$4.0B2,216Jan 25, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Carson Group Investing028-21365

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 ↗.