SEC 13F Intelligence

Managers / Q4 2025 · view latest →

EWA, LLC

CIK 0001835252 · 381 MANSFIELD AVE, SUITE 200A-B, PITTSBURGH, PA, 15220 · (412) 288-2363

Reported Value
$410M
Q4 2025
Positions
271
Filings on Record
14
2019–present window
Filed
Feb 3, 2026
original filing

Summary

Ewa, LLC reported $410M in U.S.-listed holdings across 271 positions for Q4 2025.

Its largest position, Ishares Tr, represents 12.3% of the portfolio.

Compared with Q3 2025, the fund opened 59 new positions and exited 18.

Portfolio Metrics

Turnover
+4.9%
vs prior filed quarter
Top-10 Concentration
+48.4%
share of reported value
Largest Position
+12.3%
Ishares Tr
New / Exited
59 / 18
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
Q1 ’23: $135MQ1 ’23Q2 ’23: $146MQ3 ’23: $154MQ3 ’23Q4 ’23: $205MQ1 ’24: $223MQ1 ’24Q2 ’24: $241MQ3 ’24: $280MQ3 ’24Q4 ’24: $266MQ1 ’25: $269MQ1 ’25Q2 ’25: $318MQ3 ’25: $361MQ3 ’25Q4 ’25: $410MQ1 ’26: $441MQ1 ’26Q2 ’26: $548Mfilingsflow.com

Portfolio Composition

By security type
ETP: 68.6%Common Stock: 28.8%ADR: 1.2%Other: 1.2%PUBLIC: 0.2%Other: 0.1%
  • ETP · 68.6% · $281M
  • Common Stock · 28.8% · $118M
  • ADR · 1.2% · $5M
  • Other · 1.2% · $5M
  • PUBLIC · 0.2% · $728,412
  • Other · 0.1% · $338,186

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD MALVERN FDSNEW+15.6K15.6K+$1M$1M
DIMENSIONAL ETF TRUSTNEW+14.8K14.8K+$1M$1M
SCHWAB STRATEGIC TRNEW+29.0K29.0K+$759,763$759,763
WELLS FARGO CO NEWNEW+601601+$728,412$728,412
SCHWAB STRATEGIC TRNEW+30.3K30.3K+$727,354$727,354
DELLDELL TECHNOLOGIES INCNEW+4.9K4.9K+$614,668$614,668
INVESCO EXCHANGE TRADED FD TNEW+2.5K2.5K+$476,147$476,147
ISHARES TRNEW+11.2K11.2K+$395,251$395,251

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

Holdings — Q4 2025

31 positions
#IssuerClass% PortfolioValueShares
1TLHISHARES TRU S EQUITY FACTR · S&P 500 VAL ETF · S&P 500 GRWT ETF · MSCI USA QLT FCT · CORE UNIVRSL USD · CORE S&P MCP ETF · CORE S&P500 ETF · CORE S&P SCP ETF · 10-20 YR TRS ETF · CORE MSCI EAFE · ISHARES SEMICDTR · S&P 100 ETF · U.S. TECH ETF · RUS 1000 GRW ETF · MSCI USA MIN VOL45.25%$185M1.76M
2BLACKROCK ETF TRUSTISHARES US THEMA · ISHARES A I INNO4.59%$19M518.5K
3NVDANVIDIA CORPORATIONhistory →COM3.36%$14M73.9K
4AAPLAPPLE INChistory →COM3.35%$14M50.5K
5ISHARES INCMSCI EMRG CHN · CORE MSCI EMKT2.88%$12M167.8K
6INVESCO EXCH TRADED FD TR IIS&P 500 MOMNTM2.35%$10M80.6K
7MSFTMICROSOFT CORPhistory →COM2.18%$9M18.5K
8VUGVANGUARD INDEX FDSS&P 500 ETF SHS · GROWTH ETF · TOTAL STK MKT1.96%$8M15.6K
9METAMETA PLATFORMS INChistory →CL A1.39%$6M8.6K
10GOOGALPHABET INCCAP STK CL C · CAP STK CL A1.39%$6M18.2K
11AMZNAMAZON COM INChistory →COM1.27%$5M22.6K
12GLOBAL X FDSDEFENSE TECH ETF1.23%$5M77.7K
13SPDR S&P 500 ETF TRTR UNIT1.08%$4M6.5K
14IAU*ISHARES GOLD TRhistory →ISHARES NEW1.00%$4M50.6K
15SCHWAB STRATEGIC TRUS LRG CAP ETF0.85%$3M129.4K
16AVGOBROADCOM INCCOM0.83%$3M9.9K
17TSLATESLA INCCOM0.72%$3M6.5K
18CSCOCISCO SYS INCCOM0.59%$2M31.4K
19BLACKROCK ETF TRUST IIISHARES FLEXIBLE0.58%$2M45.0K
20VANGUARD INTL EQUITY INDEX FTT WRLD ST ETF0.57%$2M16.5K
21PLTRPALANTIR TECHNOLOGIES INCCL A0.54%$2M12.4K
22JPMJPMORGAN CHASE & CO.COM0.46%$2M5.9K
23BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.43%$2M3.5K
24VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT0.43%$2M27.9K
25LLYELI LILLY & COCOM0.42%$2M1.6K
26SPDR SERIES TRUSTSTATE STREET SPD0.36%$1M64.9K
27CLSCELESTICA INCCOM0.34%$1M4.7K
28COSTCOSTCO WHSL CORP NEWCOM0.31%$1M1.5K
29VANGUARD MALVERN FDSCORE BD ETF0.30%$1M15.6K
30DIMENSIONAL ETF TRUSTUS LARGE CAP VEC0.27%$1M14.8K
31MITSUBISHI UFJ FINL GROUP INSPONSORED ADS0.26%$1M66.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2026$548M332Jul 14, 202613F-HRchanges · EDGAR ↗
Q1 2026$441M281Apr 23, 202613F-HRchanges · EDGAR ↗
Q4 2025$410M271Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$361M230Oct 31, 202513F-HRchanges · EDGAR ↗
Q2 2025$318M219Jul 18, 202513F-HRchanges · EDGAR ↗
Q1 2025$269M182Apr 22, 202513F-HRchanges · EDGAR ↗
Q4 2024$266M162Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$280M168Nov 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$241M158Jul 24, 202413F-HRchanges · EDGAR ↗
Q1 2024$223M147May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$205M143Feb 5, 202413F-HRchanges · EDGAR ↗
Q3 2023$154M115Nov 15, 202313F-HRchanges · EDGAR ↗
Q2 2023$146M95Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$135M85May 16, 202313F-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 ↗.