SEC 13F Intelligence

Managers / Q2 2023 · view latest →

CWA Asset Management Group, LLC

CIK 0001667134 · 9130 GALLERIA COURT, THIRD FLOOR, NAPLES, FL, 34109 · 239-434-7434

Reported Value
$1.5B
Q2 2023
Positions
356
Filings on Record
30
2019–present window
Filed
Jul 27, 2023
original filing

Summary

Cwa Asset Management Group, LLC reported $1.5B in U.S.-listed holdings across 356 positions for Q2 2023.

Its largest position, Spdr, represents 6.3% of the portfolio.

Compared with Q1 2023, the fund opened 55 new positions and exited 19.

Portfolio Metrics

Turnover
+7.5%
vs prior filed quarter
Top-10 Concentration
+37.2%
share of reported value
Largest Position
+6.3%
Spdr
New / Exited
55 / 19
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: $429MQ4 ’18Q1 ’19: $518MQ2 ’19: $584MQ3 ’19: $623MQ4 ’19: $620MQ4 ’19Q1 ’20: $525MQ2 ’20: $571MQ3 ’20: $748MQ4 ’20: $954MQ4 ’20Q1 ’21: $1.1BQ2 ’21: $1.2BQ3 ’21: $1.3BQ4 ’21: $1.4BQ4 ’21Q1 ’22: $1.3BQ2 ’22: $1.1BQ3 ’22: $1.0BQ4 ’22: $1.2BQ4 ’22Q1 ’23: $1.3BQ2 ’23: $1.5BQ3 ’23: $1.4BQ4 ’23: $1.5BQ4 ’23Q1 ’24: $1.6BQ3 ’24: $1.9BQ4 ’24: $2.0BQ1 ’25: $2.1BQ1 ’25Q2 ’25: $2.4BQ3 ’25: $2.7BQ4 ’25: $2.8BQ1 ’26: $2.9BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 64.7%ETP: 27.8%Other: 2.8%REIT: 2.1%ADR: 2.0%Other: 0.5%
  • Common Stock · 64.7% · $942M
  • ETP · 27.8% · $405M
  • Other · 2.8% · $41M
  • REIT · 2.1% · $30M
  • ADR · 2.0% · $29M
  • Other · 0.5% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DINOHF SINCLAIR CORPNEW+277.2K277.2K+$12M$12M
PBRPETROLEO BRASILEIRO SA PETRONEW+771.7K771.7K+$11M$11M
ISHARES TRNEW+78.4K78.4K+$8M$8M
GNRCGENERAC HLDGS INCNEW+28.6K28.6K+$4M$4M
G9NGRUPO AEROPUERTO DEL PACIFICNEW+20.0K20.0K+$4M$4M
SLVISHARES SILVER TRNEW+154.8K154.8K+$3M$3M
HORIZON THERAPEUTICS PUB LNEW+17.8K17.8K+$2M$2M
MCHPMICROCHIP TECHNOLOGY INC.NEW+10.0K10.0K+$894,108$894,108

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

Holdings — Q2 2023

45 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TR3 7 YR TREAS BD · 1 3 YR TREAS BD · NATIONAL MUN ETF · CORE US AGGBD ET · 0-3 MNTH TREASRY7.56%$110M1.07M
2SPDR SER TRBLOOMBERG 1-3 MO · BLOOMBERG 3-12 M7.15%$104M1.12M
3AAPLAPPLE INChistory →COM5.72%$83M429.3K
4FNVFRANCO NEV CORPhistory →COM4.37%$64M445.9K
5FCNFTI CONSULTING INChistory →COM4.03%$59M308.1K
6VGSHVANGUARD SCOTTSDALE FDShistory →SHORT TERM TREAS3.59%$52M903.5K
7MSFTMICROSOFT CORPhistory →COM3.18%$46M136.0K
8NVDANVIDIA CORPORATIONhistory →COM2.34%$34M80.5K
9JNJJOHNSON & JOHNSONhistory →COM2.09%$30M183.5K
10WPMWHEATON PRECIOUS METALS CORPhistory →COM1.84%$27M617.8K
11AMZNAMAZON COM INChistory →COM1.79%$26M199.5K
12BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.55%$22M65.9K
13LMTLOCKHEED MARTIN CORPhistory →COM1.31%$19M41.4K
14COSTCOSTCO WHSL CORP NEWhistory →COM1.27%$18M34.2K
15GOLDA-MARK PRECIOUS METALS INChistory →COM1.15%$17M448.8K
16FIRST TR EXCH TRADED FD IIIMANAGD MUN ETF1.11%$16M320.1K
17GOOGALPHABET INChistory →CAP STK CL C1.10%$16M132.3K
18MCDMCDONALDS CORPhistory →COM1.08%$16M52.6K
19J P MORGAN EXCHANGE TRADED FULTRA SHT MUNCPL1.05%$15M302.6K
20SOSOUTHERN COhistory →COM1.03%$15M213.0K
21GQ9SPDR GOLD TRhistory →GOLD SHS1.01%$15M82.4K
22DUKDUKE ENERGY CORP NEWhistory →COM NEW1.00%$15M162.8K
23RGLDROYAL GOLD INChistory →COM1.00%$15M126.6K
24PSAPUBLIC STORAGEhistory →COM0.98%$14M48.8K
25VVISA INChistory →COM CL A0.94%$14M57.3K
26CASYCASEYS GEN STORES INChistory →COM0.92%$13M55.1K
27PFEPFIZER INChistory →COM0.92%$13M365.0K
28CAHCARDINAL HEALTH INChistory →COM0.88%$13M135.1K
29CCOCAMECO CORPhistory →COM0.87%$13M405.1K
30JPMJPMORGAN CHASE & COhistory →COM0.86%$12M85.8K
31DINOHF SINCLAIR CORPhistory →COM0.85%$12M277.2K
32VANGUARD INDEX FDSTOTAL STK MKT0.83%$12M54.9K
33ORLYOREILLY AUTOMOTIVE INChistory →COM0.79%$11M12.0K
34QCOMQUALCOMM INChistory →COM0.78%$11M94.8K
35MMM3M COhistory →COM0.77%$11M112.0K
36DEDEERE & COhistory →COM0.76%$11M27.4K
37PBRPETROLEO BRASILEIRO SA PETROhistory →SPONSORED ADR0.73%$11M771.7K
38PLDPROLOGIS INC.history →COM0.73%$11M86.9K
39SIISPROTT INChistory →COM NEW0.70%$10M312.4K
40ROYALTY PHARMA PLCSHS CLASS A0.69%$10M326.1K
41ICL GROUP LTDSHS0.67%$10M1.77M
42RJFRAYMOND JAMES FINL INCCOM0.55%$8M77.0K
43CELHCELSIUS HLDGS INCCOM NEW0.53%$8M51.5K
44BXBLACKSTONE INCCOM0.52%$8M81.4K
45TROWPRICE T ROWE GROUP INCCOM0.52%$8M67.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.9B699Apr 20, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.8B643Jan 7, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.7B660Oct 22, 202513F-HRchanges · EDGAR ↗
Q2 2025$2.4B639Jul 17, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.1B600Apr 21, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.0B559Jan 6, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.9B567Nov 1, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.6B533May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.5B416Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.4B355Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.5B356Jul 27, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.3B320Apr 17, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.2B317Jan 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.0B301Nov 9, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.1B300Jul 21, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.3B295Apr 21, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.4B311Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.3B288Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.2B274Aug 3, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.1B273May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$954M265Feb 23, 2021RESTATEMENTchanges · EDGAR ↗
Q3 2020$748M226Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$571M214Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$525M230May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$620M241Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$623M225Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$584M235Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$518M221May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$429M201Feb 14, 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 ↗.