Managers / Q4 2023 · view latest →
EWA, LLC
CIK 0001835252 · 381 MANSFIELD AVE, SUITE 200A-B, PITTSBURGH, PA, 15220 · (412) 288-2363
Summary
Ewa, LLC reported $205M in U.S.-listed holdings across 143 positions for Q4 2023.
Its largest position, Vanguard Specialized Funds, represents 10.7% of the portfolio.
Compared with Q3 2023, the fund opened 39 new positions and exited 10.
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 · 81.6% · $167M
- Common Stock · 15.7% · $32M
- ADR · 1.6% · $3M
- Other · 1.0% · $2M
- REIT · 0.0% · $48,628
Quarter-over-Quarter Changes full breakdown →
vs Q3 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| TLHISHARES TR | NEW | +67.5K | 67.5K | +$7M | $7M |
| ISHARES TR | NEW | +54.3K | 54.3K | +$6M | $6M |
| ISHARES TR | NEW | +6.2K | 6.2K | +$4M | $4M |
| SHOPSHOPIFY INC | NEW | +3.4K | 3.4K | +$278,396 | $278,396 |
| FCNFTI CONSULTING INC | NEW | +1.4K | 1.4K | +$268,250 | $268,250 |
| KAMNUSDKAMAN CORP | NEW | +5.9K | 5.9K | +$266,271 | $266,271 |
| ASML HOLDING N V | NEW | +293 | 293 | +$260,636 | $260,636 |
| ISHARES TR | NEW | +2.4K | 2.4K | +$257,569 | $257,569 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | TLHISHARES TR | MSCI USA QLT FCT · MSCI INTL QUALTY · CORE S&P MCP ETF · CORE MSCI EAFE · MSCI USA MIN VOL · MSCI USA MMENTM · ISHS 1-5YR INVS · 10-20 YR TRS ETF · CORE S&P SCP ETF · ISHARES SEMICDTR · MSCI EAFE MIN VL · RUS 1000 GRW ETF · CORE US AGGBD ET | 51.59% | $106M | 1.25M |
| 2 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 10.73% | $22M | 126.1K |
| 3 | VUGVANGUARD INDEX FDS | GROWTH ETF · S&P 500 ETF SHS · SMALL CP ETF · SM CP VAL ETF · MCAP GR IDXVIP · SML CP GRW ETF · TOTAL STK MKT | 7.36% | $15M | 47.6K |
| 4 | ISHARES INC | CORE MSCI EMKT · MSCI EMERG MRKT | 5.69% | $12M | 237.6K |
| 5 | NVDANVIDIA CORPORATIONhistory → | COM | 2.07% | $4M | 6.4K |
| 6 | MSFTMICROSOFT CORPhistory → | COM | 2.06% | $4M | 10.3K |
| 7 | AMZNAMAZON COM INChistory → | COM | 1.79% | $4M | 21.4K |
| 8 | XLBSELECT SECTOR SPDR TRhistory → | SBI MATERIALS | 1.68% | $3M | 41.4K |
| 9 | VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 0.90% | $2M | 17.6K |
| 10 | AAPLAPPLE INC | COM | 0.77% | $2M | 8.5K |
| 11 | METAMETA PLATFORMS INC | CL A | 0.61% | $1M | 2.6K |
| 12 | COSTCOSTCO WHSL CORP NEW | COM | 0.44% | $910,533 | 1.3K |
| 13 | MSOSADVISORSHARES TR | PURE US CANNABIS | 0.40% | $827,408 | 81.0K |
| 14 | MITSUBISHI UFJ FINL GROUP IN | SPONSORED ADS | 0.38% | $778,329 | 82.2K |
| 15 | VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 0.36% | $739,363 | 9.6K |
| 16 | VANGUARD MUN BD FDS | TAX EXEMPT BD | 0.36% | $739,207 | 14.6K |
| 17 | ALVAUTOLIV INC | COM | 0.35% | $712,236 | 6.4K |
| 18 | SPDR S&P 500 ETF TR | TR UNIT | 0.32% | $659,339 | 1.3K |
| 19 | GOOGALPHABET INC | CAP STK CL C | 0.30% | $623,729 | 4.3K |
| 20 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.30% | $623,178 | 1.5K |
| 21 | ACCENTURE PLC IRELAND | SHS CLASS A | 0.28% | $583,475 | 1.6K |
| 22 | CRMSALESFORCE INC | COM | 0.27% | $546,753 | 1.9K |
| 23 | LLYELI LILLY & CO | COM | 0.26% | $538,651 | 807 |
| 24 | VANGUARD STAR FDS | VG TL INTL STK F | 0.23% | $481,479 | 8.4K |
| 25 | VVISA INC | COM CL A | 0.21% | $432,362 | 1.6K |
| 26 | VANGUARD BD INDEX FDS | INTERMED TERM | 0.21% | $421,602 | 5.6K |
| 27 | ADBEADOBE INC | COM | 0.21% | $420,846 | 663 |
| 28 | INTUINTUIT | COM | 0.20% | $411,577 | 644 |
| 29 | SCHWAB STRATEGIC TR | US MID-CAP ETF | 0.20% | $404,211 | 5.4K |
| 30 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.18% | $378,637 | 969 |
| 31 | AVGOBROADCOM INC | COM | 0.18% | $363,867 | 297 |
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 ↗.