SEC 13F Intelligence

Managers / Q3 2023 · view latest →

CWA Asset Management Group, LLC

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

Reported Value
$1.4B
Q3 2023
Positions
355
Filings on Record
30
2019–present window
Filed
Nov 14, 2023
original filing

Summary

Cwa Asset Management Group, LLC reported $1.4B in U.S.-listed holdings across 355 positions for Q3 2023.

Its largest position, Spdr, represents 7.3% of the portfolio.

Compared with Q2 2023, the fund opened 32 new positions and exited 33.

Portfolio Metrics

Turnover
+12.1%
vs prior filed quarter
Top-10 Concentration
+32.3%
share of reported value
Largest Position
+7.3%
Spdr
New / Exited
32 / 33
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: 64.5%ETP: 25.7%ADR: 4.6%Other: 2.5%REIT: 2.1%Other: 0.6%
  • Common Stock · 64.5% · $873M
  • ETP · 25.7% · $348M
  • ADR · 4.6% · $62M
  • Other · 2.5% · $34M
  • REIT · 2.1% · $29M
  • Other · 0.6% · $9M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BTUPEABODY ENERGY CORPNEW+345.6K345.6K+$9M$9M
UVEUNIVERSAL INS HLDGS INCNEW+566.0K566.0K+$8M$8M
VANGUARD SCOTTSDALE FDSNEW+72.6K72.6K+$6M$6M
WOORI FINL GROUP INCNEW+193.8K193.8K+$5M$5M
JXNJACKSON FINANCIAL INCNEW+121.6K121.6K+$5M$5M
FLEX LTDNEW+127.0K127.0K+$3M$3M
ISHARES TRNEW+61.7K61.7K+$3M$3M
GBZWINMARK CORPNEW+8.1K8.1K+$3M$3M

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

Holdings — Q3 2023

46 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPDR SER TRBLOOMBERG 1-3 MO · BLOOMBERG 3-12 M8.33%$113M1.22M
2AAPLAPPLE INChistory →COM5.52%$75M436.3K
3ISHARES TRNATIONAL MUN ETF · 1 3 YR TREAS BD · 0-3 MNTH TREASRY · CORE US AGGBD ET4.89%$66M704.9K
4FNVFRANCO NEV CORPhistory →COM4.42%$60M447.9K
5MSFTMICROSOFT CORPhistory →COM3.33%$45M142.6K
6NVDANVIDIA CORPORATIONhistory →COM2.75%$37M85.5K
7JNJJOHNSON & JOHNSONhistory →COM2.09%$28M182.1K
8AMZNAMAZON COM INChistory →COM2.01%$27M214.3K
9BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.72%$23M66.4K
10VGSHVANGUARD SCOTTSDALE FDShistory →SHORT TERM TREAS1.64%$22M385.5K
11COSTCOSTCO WHSL CORP NEWhistory →COM1.47%$20M35.3K
12CCOCAMECO CORPhistory →COM1.40%$19M478.6K
13GOOGALPHABET INChistory →CAP STK CL C1.33%$18M136.7K
14FCNFTI CONSULTING INChistory →COM1.18%$16M89.7K
15J P MORGAN EXCHANGE TRADED FULTRA SHT MUNCPL1.16%$16M312.5K
16VANGUARD INDEX FDSTOTAL STK MKT1.10%$15M70.2K
17DINOHF SINCLAIR CORPhistory →COM1.07%$15M255.0K
18MCDMCDONALDS CORPhistory →COM1.06%$14M54.6K
19SOSOUTHERN COhistory →COM1.05%$14M219.8K
20DUKDUKE ENERGY CORP NEWhistory →COM NEW1.02%$14M156.9K
21VVISA INChistory →COM CL A1.00%$14M59.1K
22LMTLOCKHEED MARTIN CORPhistory →COM1.00%$14M33.1K
23PSAPUBLIC STORAGEhistory →COM1.00%$13M51.2K
24ICL GROUP LTDSHS0.99%$13M2.41M
25FIRST TR EXCH TRADED FD IIIMANAGD MUN ETF0.98%$13M272.5K
26JPMJPMORGAN CHASE & COhistory →COM0.94%$13M87.9K
27GOLDA-MARK PRECIOUS METALS INChistory →COM0.91%$12M418.6K
28GQ9SPDR GOLD TRhistory →GOLD SHS0.90%$12M70.8K
29CAHCARDINAL HEALTH INChistory →COM0.90%$12M139.6K
30PFEPFIZER INChistory →COM0.86%$12M352.9K
31PBRPETROLEO BRASILEIRO SA PETROhistory →SPONSORED ADR0.86%$12M778.1K
32SIISPROTT INChistory →COM NEW0.82%$11M363.0K
33ORLYOREILLY AUTOMOTIVE INChistory →COM0.81%$11M12.0K
34CMCSACOMCAST CORP NEWhistory →CL A0.81%$11M246.3K
35CASYCASEYS GEN STORES INChistory →COM0.80%$11M39.9K
36DEDEERE & COhistory →COM0.78%$11M28.0K
37G9NGRUPO AEROPUERTO DEL PACIFIChistory →SPON ADR B0.78%$11M63.9K
38PLDPROLOGIS INC.history →COM0.75%$10M90.4K
39MMM3M COhistory →COM0.75%$10M108.0K
40WOPWOODSIDE ENERGY GROUP LTDhistory →SPONSORED ADR0.74%$10M430.3K
41CELHCELSIUS HLDGS INCCOM NEW0.67%$9M53.2K
42BTUPEABODY ENERGY CORPCOM0.66%$9M345.6K
43BXBLACKSTONE INCCOM0.65%$9M82.3K
44XLCSELECT SECTOR SPDR TRCOMMUNICATION0.59%$8M121.9K
45UVEUNIVERSAL INS HLDGS INCCOM0.59%$8M566.0K
46RJFRAYMOND JAMES FINL INCCOM0.59%$8M79.0K

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 ↗.