SEC 13F Intelligence

Managers / Q3 2024 · view latest →

NDWM LLC

CIK 0001818386 · 4250 EXECUTIVE SQUARE, SUITE 545, LA JOLLA, CA, 92037 · (858) 457-1325

Reported Value
$121M
Q3 2024
Positions
32
Filings on Record
10
2019–present window
Filed
Oct 22, 2024
original filing

Summary

Ndwm LLC reported $121M in U.S.-listed holdings across 32 positions for Q3 2024.

The portfolio is heavily concentrated: Ishares Tr alone accounts for 33.2% of reported value.

Compared with Q2 2024, the fund opened 2 new positions and exited 3.

Portfolio Metrics

Turnover
+6.1%
vs prior filed quarter
Top-10 Concentration
+86.0%
share of reported value
Largest Position
+33.2%
Ishares Tr
New / Exited
2 / 3
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 ’23: $104MQ4 ’23Q1 ’24: $110MQ2 ’24: $113MQ2 ’24Q3 ’24: $121MQ4 ’24: $120MQ4 ’24Q1 ’25: $102MQ2 ’25: $137MQ2 ’25Q3 ’25: $147MQ4 ’25: $151MQ4 ’25Q1 ’26: $154Mfilingsflow.com

Portfolio Composition

By security type
ETP: 93.6%Common Stock: 6.1%Closed-End Fund: 0.3%
  • ETP · 93.6% · $114M
  • Common Stock · 6.1% · $7M
  • Closed-End Fund · 0.3% · $388,545

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+21.2K21.2K+$2M$2M
ISHARES TRNEW+1.9K1.9K+$222,855$222,855
ALPS ETF TRADDED+11.0K15.6K+$1M$2M
DIREXION SHS ETF TRSOLD OUT−19.5K0−$664,656$0
BABOEING COSOLD OUT−1.2K0−$223,326$0
PROSHARES TRSOLD OUT−14.7K0−$168,338$0
SPDR S&P 500 ETF TRADDED+6.6K13.2K+$4M$8M
ISHARES TRTRIMMED−34.3K5.4K−$3M$526,118

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

Holdings — Q3 2024

19 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRCORE S&P500 ETF · SP SMCP600VL ETF · CORE S&P SCP ETF · 1 3 YR TREAS BD · 0-5YR INVT GR CP · CORE US AGGBD ET · NEW YORK MUN ETF · 20 YR TR BD ETF · RUS 2000 VAL ETF · CALIF MUN BD ETF · 0-5YR HI YL CP · 3 7 YR TREAS BD43.87%$53M220.9K
2SPDR SER TRBLOOMBERG 3-12 M · BLOOMBERG 1-3 MO28.42%$34M359.9K
3SPDR S&P 500 ETF TRTR UNIT6.24%$8M13.2K
4INVESCO EXCHANGE TRADED FD TS&P500 EQL WGT5.22%$6M35.4K
5XLESELECT SECTOR SPDR TRTECHNOLOGY · ENERGY3.68%$4M21.6K
6NDQINVESCO QQQ TRhistory →UNIT SER 12.47%$3M6.1K
7BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW2.23%$3M5.9K
8NOWSERVICENOW INChistory →COM1.78%$2M2.4K
9ALPS ETF TREQUAL SEC ETF1.64%$2M15.6K
10TSLATESLA INCCOM0.76%$924,3393.5K
11GQ9SPDR GOLD TRGOLD SHS0.71%$861,8913.5K
12AAPLAPPLE INCCOM0.64%$773,1633.3K
13WISDOMTREE TRUS EFFICIENT COR0.58%$706,83015.0K
14INVESCO EXCH TRADED FD TR IINY AMT FRE MUN0.57%$686,25729.4K
15SPROTT PHYSICAL GOLD TRUNIT0.32%$388,54519.1K
16MSFTMICROSOFT CORPCOM0.30%$360,591838
17LLYELI LILLY & COCOM0.21%$253,379286
18VANGUARD INDEX FDSS&P 500 ETF SHS0.20%$239,035453
19CPBCAMPBELL SOUP COCOM0.19%$230,3644.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$154M38Apr 27, 202613F-HRchanges · EDGAR ↗
Q4 2025$151M34Feb 5, 202613F-HRchanges · EDGAR ↗
Q3 2025$147M34Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$137M31Jul 31, 202513F-HRchanges · EDGAR ↗
Q1 2025$102M33May 2, 202513F-HRchanges · EDGAR ↗
Q4 2024$120M31Feb 5, 202513F-HRchanges · EDGAR ↗
Q3 2024$121M32Oct 22, 202413F-HRchanges · EDGAR ↗
Q2 2024$113M33Aug 1, 202413F-HRchanges · EDGAR ↗
Q1 2024$110M32Apr 19, 202413F-HRchanges · EDGAR ↗
Q4 2023$104M29Feb 12, 202413F-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 ↗.