Managers / Q3 2023 · view latest →
EWA, LLC
CIK 0001835252 · 381 MANSFIELD AVE, SUITE 200A-B, PITTSBURGH, PA, 15220 · (412) 288-2363
Summary
Ewa, LLC reported $154M in U.S.-listed holdings across 115 positions for Q3 2023.
Its largest position, Vanguard Specialized Funds, represents 16.8% of the portfolio.
Compared with Q2 2023, the fund opened 29 new positions and exited 9.
Portfolio Metrics
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
Portfolio Composition
- ETP · 87.0% · $134M
- Common Stock · 10.5% · $16M
- ADR · 1.6% · $2M
- Other · 0.8% · $1M
- REIT · 0.0% · $32,740
Quarter-over-Quarter Changes full breakdown →
vs Q2 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ISHARES TR | NEW | +93.1K | 93.1K | +$3M | $3M |
| ISHARES INC | NEW | +42.6K | 42.6K | +$2M | $2M |
| SNPSSYNOPSYS INC | NEW | +633 | 633 | +$330,983 | $330,983 |
| AKAMAKAMAI TECHNOLOGIES INC | NEW | +2.4K | 2.4K | +$263,799 | $263,799 |
| NVONOVO-NORDISK A S | NEW | +2.5K | 2.5K | +$247,079 | $247,079 |
| GIB/ACGI INC | NEW | +2.4K | 2.4K | +$244,957 | $244,957 |
| QLYSQUALYS INC | NEW | +1.4K | 1.4K | +$242,967 | $242,967 |
| BRBROADRIDGE FINL SOLUTIONS IN | NEW | +1.3K | 1.3K | +$235,785 | $235,785 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ISHARES TR | CORE S&P MCP ETF · MSCI EAFE MIN VL · CORE MSCI EAFE · MSCI USA MIN VOL · MSCI USA MMENTM · MSCI USA QLT FCT · ISHS 1-5YR INVS · CORE US AGGBD ET · MSCI INTL QUALTY · RUS 1000 GRW ETF · CORE S&P500 ETF | 45.67% | $70M | 828.2K |
| 2 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 16.81% | $26M | 163.3K |
| 3 | VUGVANGUARD INDEX FDS | SM CP VAL ETF · GROWTH ETF · S&P 500 ETF SHS · SML CP GRW ETF · SMALL CP ETF · MCAP GR IDXVIP · TOTAL STK MKT | 10.68% | $16M | 76.3K |
| 4 | ISHARES INC | CORE MSCI EMKT · MSCI EMERG MRKT · MSCI EMRG CHN | 6.51% | $10M | 201.7K |
| 5 | XLBSELECT SECTOR SPDR TRhistory → | SBI MATERIALS | 1.79% | $3M | 35.8K |
| 6 | VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 1.07% | $2M | 17.5K |
| 7 | AAPLAPPLE INChistory → | COM | 1.00% | $2M | 8.4K |
| 8 | VANGUARD MUN BD FDS | TAX EXEMPT BD | 0.85% | $1M | 27.1K |
| 9 | SCHWAB STRATEGIC TR | US MID-CAP ETF | 0.69% | $1M | 16.1K |
| 10 | AMZNAMAZON COM INC | COM | 0.62% | $963,908 | 6.8K |
| 11 | GOOGALPHABET INC | CAP STK CL C · CAP STK CL A | 0.54% | $841,047 | 6.3K |
| 12 | MSFTMICROSOFT CORP | COM | 0.53% | $820,908 | 2.2K |
| 13 | VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 0.47% | $728,608 | 9.7K |
| 14 | METAMETA PLATFORMS INC | CL A | 0.47% | $725,206 | 2.2K |
| 15 | MITSUBISHI UFJ FINL GROUP IN | SPONSORED ADS | 0.46% | $707,402 | 85.5K |
| 16 | COSTCOSTCO WHSL CORP NEW | COM | 0.46% | $704,865 | 1.2K |
| 17 | ALVAUTOLIV INC | COM | 0.41% | $628,633 | 6.5K |
| 18 | NVDANVIDIA CORPORATION | COM | 0.38% | $586,524 | 1.2K |
| 19 | SPDR S&P 500 ETF TR | TR UNIT | 0.38% | $585,801 | 1.3K |
| 20 | MSOSADVISORSHARES TR | PURE US CANNABIS | 0.36% | $551,065 | 81.0K |
| 21 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.35% | $545,904 | 1.4K |
| 22 | LLYELI LILLY & CO | COM | 0.32% | $494,044 | 806 |
| 23 | ACCENTURE PLC IRELAND | SHS CLASS A | 0.31% | $478,446 | 1.5K |
| 24 | VANGUARD STAR FDS | VG TL INTL STK F | 0.29% | $446,497 | 8.3K |
| 25 | VANGUARD BD INDEX FDS | INTERMED TERM | 0.26% | $398,950 | 5.5K |
| 26 | CRMSALESFORCE INC | COM | 0.26% | $398,268 | 1.9K |
| 27 | ADBEADOBE INC | COM | 0.24% | $373,685 | 633 |
| 28 | VVISA INC | COM CL A | 0.24% | $373,356 | 1.5K |
| 29 | MRSHMARSH & MCLENNAN COS INC | COM | 0.22% | $345,047 | 1.7K |
| 30 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.22% | $339,160 | 969 |
| 31 | SNPSSYNOPSYS INC | COM | 0.21% | $330,983 | 633 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q2 2026 | $548M | 332 | Jul 14, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q1 2026 | $441M | 281 | Apr 23, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $410M | 271 | Feb 3, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $361M | 230 | Oct 31, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $318M | 219 | Jul 18, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $269M | 182 | Apr 22, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $266M | 162 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $280M | 168 | Nov 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $241M | 158 | Jul 24, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $223M | 147 | May 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $205M | 143 | Feb 5, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $154M | 115 | Nov 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $146M | 95 | Aug 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $135M | 85 | May 16, 2023 | 13F-HR | changes · 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 ↗.