SEC 13F Intelligence

Managers / Q1 2026

Blue Water Asset Management

CIK 0002033384 · 4120 EAST BELTLINE AVE, SUITE 100, GRAND RAPIDS, MI, 49525 · 616-447-1600

Reported Value
$289M
Q1 2026
Positions
103
Filings on Record
2
2019–present window
Filed
May 5, 2026
original filing

Summary

Blue Water Asset Management reported $289M in U.S.-listed holdings across 103 positions for Q1 2026.

Its largest position, Pgim Etf Tr, represents 11.7% of the portfolio.

Compared with Q4 2025, the fund opened 4 new positions and exited 5.

Portfolio Metrics

Turnover
+7.7%
vs prior filed quarter
Top-10 Concentration
+62.6%
share of reported value
Largest Position
+11.7%
Pgim Etf Tr
New / Exited
4 / 5
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 ’25: $278MQ4 ’25Q1 ’26: $289MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 90.5%Common Stock: 8.6%Other: 0.8%Closed-End Fund: 0.1%
  • ETP · 90.5% · $262M
  • Common Stock · 8.6% · $25M
  • Other · 0.8% · $2M
  • Closed-End Fund · 0.1% · $267,922

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MORGAN STANLEY ETF TRUSTNEW+194.2K194.2K+$5M$5M
AMZNAMAZON COM INCNEW+1.3K1.3K+$274,083$274,083
VANECK ETF TRUSTNEW+629629+$241,074$241,074
MDLZMONDELEZ INTL INCNEW+3.6K3.6K+$208,381$208,381
MORGAN STANLEY ETF TRUSTADDED+307.2K329.2K+$16M$17M
INNOVATOR ETFS TRUSTADDED+53.7K62.2K+$2M$2M
INNOVATOR ETFS TRUSTADDED+24.1K35.1K+$1M$2M
INNOVATOR ETFS TRUSTADDED+32.4K53.8K+$1M$2M

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

Holdings — Q1 2026

30 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VICTORY PORTFOLIOS IICORE INTERMEDIAT · USAA MSCI USA SM13.38%$39M629.9K
2J P MORGAN EXCHANGE TRADED FCORE PLUS BD ETF · EQUITY PREMIUM · ULTRA SHRT ETF11.80%$34M692.4K
3PGIM ETF TRPGIM ULTRA SH BD11.71%$34M684.7K
4INVESCO EXCH TRADED FD TR IIS&P 500 REVENUE · VAR RATE PFD · NASDAQ 100 ETF8.30%$24M436.1K
5MORGAN STANLEY ETF TRUSTEATON VANCE SHOR · PARAMETRIC EQUIT7.63%$22M523.3K
6INVESCO EXCHANGE TRADED FD TS&P MDCP QUALITY6.96%$20M194.8K
7SPDR SERIES TRUSTSTATE STREET SPD6.76%$20M276.8K
8PBAPPGIM ROCK ETF TRS&P 500 BUFFER4.87%$14M475.8K
9INNOVATOR ETFS TRUSTUS EQTY PWR BUF · US EQT PWR BUF4.53%$13M303.6K
10HARTFORD FDS EXCHANGE TRADEDMUN OPORTUNITE3.00%$9M223.8K
11GOLDMAN SACHS ETF TRACTIVEBETA INT2.43%$7M162.9K
12ETFIS SER TR IVIRTUS REAVES UT2.07%$6M75.0K
13BRK/ABERKSHIRE HATHAWAY INC DELhistory →CL A1.99%$6M8
14JXNJACKSON FINANCIAL INChistory →COM CL A1.36%$4M37.2K
15CPSJCALAMOS ETF TRS&P 500 STRUCTRD · S&P 500 STRUCTUR1.14%$3M123.0K
16AIM ETF PRODUCTS TRUSTALLIANZIM US EQU0.56%$2M44.5K
17MSFTMICROSOFT CORPCOM0.55%$2M4.3K
18CMSCMS ENERGY CORPCOM0.54%$2M20.1K
19EATON CORP PLCSHS0.51%$1M4.1K
20AAPLAPPLE INCCOM0.50%$1M5.7K
21VANGUARD WHITEHALL FDSHIGH DIV YLD0.41%$1M8.0K
22DTEDTE ENERGY COCOM0.37%$1M7.3K
23FFORD MTR COCOM0.36%$1M90.7K
24JNJJOHNSON & JOHNSONCOM0.36%$1M4.2K
25SYKSTRYKER CORPORATIONCOM0.31%$885,7012.7K
26FIDELITY COVINGTON TRUSTHIGH DIVID ETF0.27%$793,67714.4K
27CHVCHEVRON CORPORATIONCOM0.26%$759,7733.7K
28LRCXLAM RESEARCH CORPCOM NEW0.26%$738,9753.5K
29SLVISHARES SILVER TRISHARES0.23%$657,9609.7K
30CHUBB LTD SWITZCOM0.22%$644,8082.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$289M103May 5, 202613F-HRchanges · EDGAR ↗
Q4 2025$278M104Feb 5, 202613F-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 ↗.