Tradewinds Capital Management, LLC — 13F Holdings & Portfolio

CIK 1616026 · latest 13F-HR filed 2026-07-24

Tradewinds Capital Management, LLC manages $562.6M in 13F-reported U.S. long-equity assets across 715 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are EWY (8.74%), XLE (7.51%), ICLN (6.91%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 69 new positions, exited 73, added to 328, and trimmed 176.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
2211 RIMLAND DRIVE
SUITE 401
BELLINGHAM, WA 98226
Phone
(360) 715-9000
Filing Manager
Tradewinds Capital Management, LLC
BELLINGHAM, WA
Signatory
Donald Bradley Pence
Chief Compliance Officer
Loading holdings…
AUM

$562.6M

Long-equity book

Holdings

715

Distinct positions

Period

2026-06-30

Filed 2026-07-24

Q/Q Activity

+69 / −73 / ↑328 / ↓176

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ISHARES TR$38.9M +681168.3%
  • SELECT SECTOR SPDR TR$35.1M +489.7%
  • SELECT SECTOR SPDR TR$27.3M +29626.6%
  • SPDR SERIES TRUST$22.9M +967.1%
  • ISHARES INC$11.8M +31.5%
Show all 328

Top Trims

  • WORLD GOLD TR-$38.2M -99.6%
  • ISHARES INC-$36.4M -99.3%
  • ISHARES INC-$23.9M -100.0%
  • FRANKLIN TEMPLETON ETF TR-$17.6M -100.0%
  • ISHARES INC-$17.3M -95.2%
Show all 176

New Positions

  • J P MORGAN EXCHANGE TRADED F$38.5M
  • FRANKLIN TEMPLETON ETF TR$27.8M
  • VANGUARD MUN BD FDS$11.8M
  • ISHARES TR$11.6M
  • HONEYWELL INTL INC$770.6K
Show all 69

Exited Positions

  • HONEYWELL INTL INC$1.6M
  • DIMENSIONAL ETF TRUST$165.6K
  • REZOLVE AI PLC$112.6K
  • DIMENSIONAL ETF TRUST$94.7K
  • DIMENSIONAL ETF TRUST$68.3K
Show all 73
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 ISHARES INC EWY 464286772 $49.2M 8.74% 243,624 SH
2 SELECT SECTOR SPDR TR XLE 81369Y506 $42.3M 7.51% 795,536 SH
3 ISHARES TR ICLN 464288224 $38.9M 6.91% 1,897,510 SH
4 J P MORGAN EXCHANGE TRADED F BBCA 46641Q225 $38.5M 6.84% 387,374 SH
5 ISHARES U S ETF TR COMT 46431W853 $37.2M 6.61% 1,225,318 SH
6 ABRDN SILVER ETF TRUST SIVR 003264108 $31.5M 5.59% 559,479 SH
7 FRANKLIN TEMPLETON ETF TR FLGB 35473P678 $27.8M 4.94% 786,791 SH
8 SELECT SECTOR SPDR TR XLI 81369Y704 $27.4M 4.87% 147,946 SH
9 SPDR INDEX SHS FDS GNR 78463X541 $26.1M 4.64% 387,837 SH
10 SPDR SERIES TRUST HYMB 78464A284 $25.2M 4.49% 992,182 SH
11 ISHARES TR ICVT 46435G102 $24.3M 4.32% 199,640 SH
12 SPDR INDEX SHS FDS SPEM 78463X509 $20.7M 3.67% 398,992 SH
13 SCHWAB STRATEGIC TR SCHX 808524201 $13.4M 2.38% 454,027 SH
14 VANGUARD MUN BD FDS VCRM 922907712 $11.8M 2.09% 153,988 SH
15 ISHARES TR MBB 464288588 $11.6M 2.06% 122,869 SH
16 MICROSOFT CORP MSFT 594918104 $9.9M 1.77% 26,673 SH
17 J P MORGAN EXCHANGE TRADED F JPST 46641Q837 $8.4M 1.49% 165,664 SH
18 SCHWAB STRATEGIC TR SCHF 808524805 $6.9M 1.22% 247,653 SH
19 SPDR SERIES TRUST SPMD 78464A847 $5.3M 0.94% 77,891 SH
20 SCHWAB STRATEGIC TR SCHA 808524607 $4.9M 0.88% 136,764 SH
21 APPLE INC AAPL 037833100 $4.9M 0.87% 16,976 SH
22 MICRON TECHNOLOGY INC MU 595112103 $4.8M 0.86% 4,200 SH
23 SPDR SERIES TRUST SPBO 78464A144 $3.6M 0.64% 123,188 SH
24 AMAZON COM INC AMZN 023135106 $3.1M 0.55% 12,939 SH
25 SPDR SERIES TRUST SPSB 78464A474 $3.0M 0.53% 99,840 SH
26 JOHNSON & JOHNSON JNJ 478160104 $2.9M 0.51% 11,273 SH
27 SCHWAB STRATEGIC TR SCHC 808524888 $2.8M 0.50% 58,638 SH
28 ALPHABET INC GOOG 02079K107 $2.4M 0.43% 6,805 SH
29 INVESCO EXCH TRADED FD TR II BKLN 46138G508 $2.4M 0.42% 115,738 SH
30 NVIDIA CORPORATION NVDA 67066G104 $2.3M 0.42% 11,734 SH
31 SPDR SERIES TRUST SPYG 78464A409 $2.2M 0.40% 18,692 SH
32 SPDR SERIES TRUST SPYV 78464A508 $2.1M 0.37% 34,223 SH
33 VANGUARD INDEX FDS VOO 922908363 $2.0M 0.36% 2,932 SH
34 INVESCO QQQ TR QQQ 46090E103 $1.9M 0.34% 2,569 SH
35 EXXON MOBIL CORP XOM 30231G102 $1.9M 0.33% 13,561 SH
36 ISHARES TR IEUR 46434V738 $1.7M 0.30% 22,490 SH
37 VALMONT INDS INC VMI 920253101 $1.6M 0.29% 2,800 SH
38 BERKSHIRE HATHAWAY INC DEL BRK.A 084670108 $1.5M 0.27% 2 SH
39 SPDR SERIES TRUST FLRN 78468R200 $1.4M 0.24% 43,968 SH
40 ISHARES INC EWG 464286806 $1.3M 0.23% 31,312 SH
41 COSTCO WHOLESALE CORPORATION COST 22160K105 $1.2M 0.22% 1,293 SH
42 ISHARES TR ICSH 46434V878 $1.2M 0.21% 23,753 SH
43 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $1.1M 0.20% 2,289 SH
44 FIDELITY COMWLTH TR ONEQ 315912808 $1.1M 0.20% 10,862 SH
45 STARBUCKS CORP SBUX 855244109 $945.3K 0.17% 9,251 SH
46 ALPHABET INC GOOGL 02079K305 $883.4K 0.16% 2,472 SH
47 ISHARES INC EWW 464286822 $878.3K 0.16% 11,668 SH
48 CORNING INC GLW 219350105 $785.7K 0.14% 3,076 SH
49 ABBOTT LABORATORIES ABT 002824100 $778.8K 0.14% 8,583 SH
50 HONEYWELL INTL INC HON 438516205 $770.6K 0.14% 3,441 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-24 $562.6M 715 0001616026-26-000007
2026-03-31 2026-04-15 $503.5M 719 0001616026-26-000005
2025-12-31 2026-01-14 $474.2M 686 0001616026-26-000002