Managers / Q3 2025 · view latest →
EWA, LLC
CIK 0001835252 · 381 MANSFIELD AVE, SUITE 200A-B, PITTSBURGH, PA, 15220 · (412) 288-2363
Summary
Ewa, LLC reported $361M in U.S.-listed holdings across 230 positions for Q3 2025.
Its largest position, Ishares Tr, represents 13.5% of the portfolio.
Compared with Q2 2025, the fund opened 28 new positions and exited 17.
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 · 69.6% · $251M
- Common Stock · 28.0% · $101M
- ADR · 1.2% · $4M
- Other · 1.1% · $4M
- REIT · 0.1% · $291,328
Quarter-over-Quarter Changes full breakdown →
vs Q2 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| GLOBAL X FDS | NEW | +72.5K | 72.5K | +$5M | $5M |
| J P MORGAN EXCHANGE TRADED F | NEW | +6.7K | 6.7K | +$435,507 | $435,507 |
| FIRST TR EXCHNG TRADED FD VI | NEW | +12.9K | 12.9K | +$431,051 | $431,051 |
| SEAGATE TECHNOLOGY HLDNGS PL | NEW | +1.3K | 1.3K | +$316,797 | $316,797 |
| FIXCOMFORT SYS USA INC | NEW | +369 | 369 | +$304,809 | $304,809 |
| LITELUMENTUM HLDGS INC | NEW | +1.8K | 1.8K | +$288,159 | $288,159 |
| APPAPPLOVIN CORP | NEW | +395 | 395 | +$283,823 | $283,823 |
| RMBS*RAMBUS INC DEL | NEW | +2.6K | 2.6K | +$274,880 | $274,880 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | TLHISHARES TR | U S EQUITY FACTR · S&P 500 GRWT ETF · S&P 500 VAL ETF · MSCI USA QLT FCT · CORE TOTAL USD · CORE S&P MCP ETF · 10-20 YR TRS ETF · CORE S&P SCP ETF · CORE MSCI EAFE · ISHARES SEMICDTR · S&P 100 ETF · CORE S&P500 ETF · U.S. TECH ETF · RUS 1000 GRW ETF · MSCI USA MIN VOL | 49.54% | $179M | 1.75M |
| 2 | BLACKROCK ETF TRUST | ISHARES US THEMA · ISHARES A I INNO | 4.98% | $18M | 495.7K |
| 3 | NVDANVIDIA CORPORATIONhistory → | COM | 3.26% | $12M | 63.1K |
| 4 | ISHARES INC | MSCI EMRG CHN · CORE MSCI EMKT | 2.70% | $10M | 145.9K |
| 5 | MSFTMICROSOFT CORPhistory → | COM | 2.41% | $9M | 16.8K |
| 6 | AAPLAPPLE INChistory → | COM | 2.26% | $8M | 32.0K |
| 7 | INVESCO EXCH TRADED FD TR II | S&P 500 MOMNTM | 1.90% | $7M | 56.7K |
| 8 | VUGVANGUARD INDEX FDS | S&P 500 ETF SHS · GROWTH ETF · SMALL CP ETF | 1.85% | $7M | 14.2K |
| 9 | AMZNAMAZON COM INChistory → | COM | 1.74% | $6M | 28.7K |
| 10 | METAMETA PLATFORMS INChistory → | CL A | 1.64% | $6M | 8.1K |
| 11 | GLOBAL X FDS | DEFENSE TECH ETF | 1.41% | $5M | 72.5K |
| 12 | SPDR S&P 500 ETF TR | TR UNIT | 1.07% | $4M | 5.8K |
| 13 | IAU*ISHARES GOLD TRhistory → | ISHARES NEW | 1.04% | $4M | 51.7K |
| 14 | AVGOBROADCOM INC | COM | 0.85% | $3M | 9.3K |
| 15 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 0.81% | $3M | 12.0K |
| 16 | TSLATESLA INC | COM | 0.75% | $3M | 6.1K |
| 17 | VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 0.63% | $2M | 16.5K |
| 18 | CSCOCISCO SYS INC | COM | 0.63% | $2M | 33.0K |
| 19 | BLACKROCK ETF TRUST II | ISHARES FLEXIBLE | 0.55% | $2M | 37.6K |
| 20 | JPMJPMORGAN CHASE & CO. | COM | 0.46% | $2M | 5.3K |
| 21 | PLTRPALANTIR TECHNOLOGIES INC | CL A | 0.43% | $2M | 8.5K |
| 22 | COSTCOSTCO WHSL CORP NEW | COM | 0.40% | $1M | 1.6K |
| 23 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.35% | $1M | 2.5K |
| 24 | SPDR SERIES TRUST | PORT MTG BK ETF | 0.34% | $1M | 55.5K |
| 25 | ORCLORACLE CORP | COM | 0.34% | $1M | 4.4K |
| 26 | CLSCELESTICA INC | COM | 0.32% | $1M | 4.7K |
| 27 | MITSUBISHI UFJ FINL GROUP IN | SPONSORED ADS | 0.29% | $1M | 66.1K |
| 28 | VVISA INC | COM CL A | 0.28% | $1M | 3.0K |
| 29 | LLYELI LILLY & CO | COM | 0.27% | $967,497 | 1.3K |
| 30 | WMTWALMART INC | COM | 0.26% | $932,248 | 9.0K |
| 31 | NFLXNETFLIX INC | COM | 0.25% | $917,174 | 765 |
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 ↗.