Managers / Q1 2026
SPWM Advisors LLC
CIK 0002111209 · 134 WEST STATE STREET, SUITE 200, TRAVERSE CITY, MI, 49684 · (231) 668-6999
Summary
Spwm Advisors LLC reported $115M in U.S.-listed holdings across 93 positions for Q1 2026.
Its largest position, Invesco Exchange Traded Fd T, represents 11.2% of the portfolio.
Compared with Q4 2025, the fund opened 17 new positions and exited 16.
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
- Common Stock · 49.0% · $56M
- ETP · 45.4% · $52M
- ADR · 3.2% · $4M
- Other · 1.9% · $2M
- Closed-End Fund · 0.3% · $365,430
- Other · 0.2% · $222,733
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SPROTT FDS TR | NEW | +28.2K | 28.2K | +$2M | $2M |
| ICEINTERCONTINENTAL EXCHANGE IN | NEW | +3.2K | 3.2K | +$500,929 | $500,929 |
| AON PLC | NEW | +1.3K | 1.3K | +$423,593 | $423,593 |
| AMRIZE LTD | NEW | +6.9K | 6.9K | +$362,333 | $362,333 |
| PFEPFIZER INC | NEW | +13.5K | 13.5K | +$350,312 | $350,312 |
| UBERUBER TECHNOLOGIES INC | NEW | +4.4K | 4.4K | +$338,962 | $338,962 |
| SYKSTRYKER CORPORATION | NEW | +1.1K | 1.1K | +$326,024 | $326,024 |
| INTCINTEL CORP | NEW | +2.7K | 2.7K | +$325,752 | $325,752 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | INVESCO EXCHANGE TRADED FD T | LARGE CAP VALUE | 11.17% | $13M | 176.1K |
| 2 | FIDELITY MERRIMACK STR TR | TOTAL BD ETF | 9.92% | $11M | 251.1K |
| 3 | DIMENSIONAL ETF TRUST | EMERGING MKTS VA | 9.76% | $11M | 272.4K |
| 4 | AMERICAN CENTY ETF TR | US SML CP VALU | 9.26% | $11M | 90.2K |
| 5 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 3.61% | $4M | 10.8K |
| 6 | AMZNAMAZON COM INChistory → | COM | 3.04% | $3M | 13.2K |
| 7 | MSFTMICROSOFT CORPhistory → | COM | 2.85% | $3M | 8.1K |
| 8 | NVDANVIDIA CORPORATIONhistory → | COM | 2.66% | $3M | 13.9K |
| 9 | AMATAPPLIED MATLS INChistory → | COM | 2.32% | $3M | 6.2K |
| 10 | METAMETA PLATFORMS INChistory → | CL A | 1.98% | $2M | 3.8K |
| 11 | SPROTT FDS TR | SILVER MINERS | 1.74% | $2M | 28.2K |
| 12 | SCHWSCHWAB CHARLES CORPhistory → | COM | 1.67% | $2M | 21.4K |
| 13 | BKNGBOOKING HOLDINGS INChistory → | COM | 1.54% | $2M | 11.1K |
| 14 | TSMTAIWAN SEMICONDUCTOR MANUFAChistory → | SPONSORED ADS | 1.52% | $2M | 4.4K |
| 15 | 4I1PHILIP MORRIS INTL INChistory → | COM | 1.49% | $2M | 9.2K |
| 16 | BRK/BBERKSHIRE HATHAWAY INC DELhistory → | CL B NEW | 1.44% | $2M | 3.4K |
| 17 | VVISA INChistory → | COM CL A | 1.39% | $2M | 4.9K |
| 18 | ELVELEVANCE HEALTH INC FORMERLYhistory → | COM | 1.14% | $1M | 3.3K |
| 19 | AAPLAPPLE INChistory → | COM | 1.07% | $1M | 4.2K |
| 20 | JPMJPMORGAN CHASE & COhistory → | COM | 1.06% | $1M | 4.0K |
| 21 | VTVVANGUARD INDEX FDS | S&P 500 ETF SHS · VALUE ETF | 1.02% | $1M | 3.6K |
| 22 | QCOMQUALCOMM INC | COM | 1.00% | $1M | 5.5K |
| 23 | IQVIQVIA HLDGS INC | COM | 0.92% | $1M | 6.0K |
| 24 | EXMOCEXXON MOBIL CORP | COM | 0.89% | $1M | 6.8K |
| 25 | SBUXSTARBUCKS CORP | COM | 0.80% | $925,766 | 8.7K |
| 26 | ISHARES TR | RUS 1000 GRW ETF | 0.77% | $881,252 | 7.1K |
| 27 | ADIANALOG DEVICES INC | COM | 0.74% | $851,309 | 2.0K |
| 28 | WFCWELLS FARGO & CO | COM | 0.72% | $832,581 | 11.1K |
| 29 | COPCONOCOPHILLIPS | COM | 0.72% | $826,705 | 7.0K |
| 30 | GDGENERAL DYNAMICS CORP | COM | 0.70% | $801,295 | 2.3K |
| 31 | DISDISNEY WALT CO | COM | 0.67% | $771,097 | 7.3K |
| 32 | BDXBECTON DICKINSON & CO | COM | 0.64% | $739,343 | 5.0K |
| 33 | PIIPOLARIS INC | COM | 0.64% | $731,591 | 11.3K |
| 34 | MAMASTERCARD INCORPORATED | CL A | 0.62% | $719,890 | 1.4K |
| 35 | AGFIRST MAJESTIC SILVER CORP | COM | 0.60% | $687,347 | 28.4K |
| 36 | OMCOMNICOM GROUP INC | COM | 0.57% | $661,656 | 8.7K |
| 37 | CMCSACOMCAST CORP NEW | CL A | 0.57% | $660,487 | 26.5K |
| 38 | MEDTRONIC PLC | SHS | 0.56% | $646,717 | 8.4K |
| 39 | ULUNILEVER PLC | SPON ADR NEW | 0.56% | $645,344 | 11.1K |
| 40 | RGLDROYAL GOLD INC | COM | 0.55% | $632,375 | 2.6K |
| 41 | BNYBANK NEW YORK MELLON CORP | COM | 0.54% | $623,174 | 4.7K |
| 42 | APDAIR PRODUCTS AND CHEMICALS I | COM | 0.54% | $621,168 | 2.0K |
| 43 | NVSNNOVARTIS AG | SPONSORED ADR | 0.50% | $573,165 | 3.9K |
| 44 | TSLATESLA INC | COM | 0.50% | $572,587 | 1.3K |
| 45 | ABNBAIRBNB INC | COM CL A | 0.50% | $572,538 | 4.2K |
| 46 | VANECK ETF TRUST | JUNIOR GOLD MINE | 0.46% | $531,229 | 4.1K |
| 47 | RTXRTX CORPORATION | COM | 0.46% | $529,443 | 3.0K |
| 48 | ICEINTERCONTINENTAL EXCHANGE IN | COM | 0.43% | $500,929 | 3.2K |
Filing History
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 ↗.