Top Institutional Investors

NVWM, LLC — 13F Holdings & Portfolio

CIK 1697274 · latest 13F-HR filed 2026-10-14

Backtest portfolio

NVWM, LLC manages $533.2M in 13F-reported U.S. long-equity assets across 1,014 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are AAPL (4.63%), MSFT (3.92%), NVDA (3.61%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 65 new positions and exited 46; 302 existing positions rose in reported value and 269 fell.

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.

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AUM
$533.2M

Long-equity book

Holdings
1,014

Distinct positions

Period
2026-09-30

Filed 2026-10-14

Q/Q Activity
+65 / −46 / ↑302 / ↓269

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
AAPL4.7% · +1%MSFT4.0% · +1%NVDA3.7% · +1%AMZN3.2% · +0%GOOGL3.0% · +2%HYG2.1% · +182%USFR2.1% · +25%AMD1.9% · -1%VTIP1.7% · +2%META1.7% · +1%GLD1.7% · +1%PANW1.6% · -2%LQD1.6% · +1%SPYM1.6% · +17%AVGO1.4% · +1%HGER1.4% · +2%XLV1.2% · +4%IWM1.2% · -5%BKLN1.2% · +299%EFA1.2% · +18%AMAT1.2% · -0%VUSB1.1% · -10%GEV1.0% · -1%IWR1.0% · +42%CVX0.9% · +1%EEM0.9% · +8%JPM0.9% · -1%MRK0.9% · +1%COST0.9% · +4%V0.9% · -0%ANET0.8% · -1%BRK.B0.8% · -0%XOM0.8% · +96%CRWD0.8% · +295%NFLX0.8% · +2%DELL0.8% · -13%MA0.7% · +0%WFC0.7% · -5%LLY0.7% · +0%JNJ0.7% · -1%TMO0.7% · -0%AGG0.7% · +18%ASML0.6% · +1%PH0.6% · +3%CDNS0.6% · +3%WMT0.6% · +1%AXP0.6% · +0%ABBV0.5% · -2%LRCX0.5% · +2%MS0.5% · +3%IAU0.5% · +3%BAC0.5% · +0%TSM0.5% · +4%KLAC0.5% · +1%ETN0.5% · -0%SBUX0.5% · +1%TJX0.4% · +2%GLW0.4% · +43534%PLTR0.4% · +4%EMB0.4% · +10%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 28.2%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Apr 24, 2026.

Assets Under Management
$713.5M
Discretionary
$713.3M
Employees
12
Accounts
1,783
Address
820 TOWNSHIP LINE ROAD
SUITE 100
YARDLEY, PA 19067
Phone
(866) 899-0068
Website
Name Title / Status Ownership Type
CAHILL, THOMAS, MICHAEL ControlMEMBER AND CIO
since Jan 2021
5–10%Individual
MCELWEE, DANIEL, HENRY ControlMEMBER, EXECUTIVE VICE PRESIDENT
since Feb 2018
10–25%Individual
VENTURA, NICHOLAS, VINCENT ControlMANAGING MEMBER
since Nov 2004
75% or moreIndividual
GILMORE, WALTER, ALANCCO
since Mar 2025
Less than 5%Individual
Ownership & leadership changes · 4 filings with changes since Mar 19, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Apr 24, 2026 filing
  • ChangedGILMORE, WALTER, ALAN · no longer a control person
Mar 26, 2025 filing
  • AddedGILMORE, WALTER, ALAN · CCO · Less than 5% · control person
  • ChangedVENTURA, NICHOLAS, VINCENT · title MANAGING MEMBER, CHIEF COMPLIANCE OFFICER → MANAGING MEMBER
Mar 25, 2021 filing
  • AddedCAHILL, THOMAS, MICHAEL · MEMBER AND CIO · 5–10% · control person
Feb 14, 2019 filing
  • AddedMCELWEE, DANIEL, HENRY · MEMBER, EXECUTIVE VICE PRESIDENT · 10–25% · control person
Mar 19, 2012 filing (earliest on record)
  • ListedVENTURA, NICHOLAS, VINCENT · MANAGING MEMBER, CHIEF COMPLIANCE OFFICER · 75% or more · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

NVWM, LLC Holdings (2026-09-30)

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 APPLE INC COM AAPL 037833100 $24.7M 4.63% 74,101 SH
2 MICROSOFT CORP COM MSFT 594918104 $20.9M 3.92% 40,758 SH
3 NVIDIA CORPORATION COM NVDA 67066G104 $19.3M 3.61% 84,318 SH
4 AMAZON COM INC COM AMZN 023135106 $16.7M 3.12% 66,829 SH
5 ALPHABET INC CAP STK CL A GOOGL 02079K305 $15.8M 2.96% 45,880 SH
6 ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF HYG 464288513 $11.3M 2.12% 146,571 SH
7 WISDOMTREE FLOATING RATE TREASURY FUND USFR 97717Y527 $11.1M 2.09% 220,691 SH
8 ADVANCED MICRO DEVICES INC COM AMD 007903107 $10.0M 1.87% 16,270 SH
9 VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETF VTIP 922020805 $9.2M 1.73% 187,746 SH
10 META PLATFORMS INC CL A META 30303M102 $9.0M 1.69% 12,453 SH
11 SPDR GOLD SHARES GLD 78463V107 $8.8M 1.65% 23,135 SH
12 PALO ALTO NETWORKS INC COM PANW 697435105 $8.5M 1.59% 21,271 SH
13 STATE STREET SPDR PORTFOLIO S&P 500 ETF SPYM 78464A854 $8.3M 1.56% 92,424 SH
14 ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETF LQD 464287242 $8.2M 1.54% 80,589 SH
15 BROADCOM INC COM AVGO 11135F101 $7.6M 1.43% 21,669 SH
16 HARBOR COMMODITY ALL-WEATHER STRATEGY ETF HGER 41151J505 $7.5M 1.40% 212,373 SH
17 STATE STREET HEALTH CARE SELECT SECTOR SPDR ETF XLV 81369Y209 $6.5M 1.21% 38,323 SH
18 ISHARES RUSSELL 2000 ETF IWM 464287655 $6.3M 1.18% 22,631 SH
19 ISHARES MSCI EAFE ETF EFA 464287465 $6.3M 1.17% 60,285 SH
20 INVESCO SENIOR LOAN ETF BKLN 46138G508 $6.2M 1.17% 304,290 SH
21 APPLIED MATLS INC COM AMAT 038222105 $6.1M 1.15% 12,002 SH
22 VANGUARD ULTRA-SHORT BOND ETF VUSB 92203C303 $6.1M 1.14% 122,430 SH
23 GE VERNOVA INC COM GEV 36828A101 $5.3M 1.00% 5,610 SH
24 ISHARES RUSSELL MIDCAP ETF IWR 464287499 $5.2M 0.97% 48,578 SH
25 CHEVRON CORPORATION COM CVX 166764100 $4.8M 0.91% 23,712 SH
26 ISHARES MSCI EMERGING MARKETS ETF EEM 464287234 $4.8M 0.91% 72,494 SH
27 JPMORGAN CHASE & CO COM JPM 46625H100 $4.8M 0.89% 14,413 SH
28 MERCK & CO INC COM MRK 58933Y105 $4.7M 0.87% 32,062 SH
29 COSTCO WHOLESALE CORPORATION COM COST 22160K105 $4.6M 0.86% 5,033 SH
30 VISA INC COM CL A V 92826C839 $4.5M 0.84% 12,521 SH
31 ARISTA NETWORKS INC COM SHS ANET 040413205 $4.5M 0.84% 21,952 SH
32 BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B 084670702 $4.4M 0.82% 8,802 SH
33 EXXONMOBIL HOLDINGS CORP COM SHS XOM 30233Q108 $4.3M 0.80% 26,282 SH
34 CROWDSTRIKE HLDGS INC CL A CRWD 22788C105 $4.2M 0.79% 15,841 SH
35 NETFLIX INC. COM NFLX 64110L106 $4.1M 0.77% 58,881 SH
36 DELL TECHNOLOGIES INC CL C DELL 24703L202 $4.1M 0.76% 7,557 SH
37 MASTERCARD INCORPORATED CL A MA 57636Q104 $3.9M 0.74% 7,161 SH
38 WELLS FARGO & CO COM WFC 949746101 $3.8M 0.72% 47,972 SH
39 ELI LILLY & CO COM LLY 532457108 $3.7M 0.70% 3,204 SH
40 JOHNSON & JOHNSON COM JNJ 478160104 $3.6M 0.67% 13,551 SH
41 ISHARES CORE U.S. AGGREGATE BOND ETF AGG 464287226 $3.5M 0.66% 37,316 SH
42 THERMO FISHER SCIENTIFIC INC COM TMO 883556102 $3.5M 0.66% 5,215 SH
43 PARKER-HANNIFIN CORP COM PH 701094104 $3.4M 0.64% 3,565 SH
44 ASML HLDG NV N Y REGISTRY SHS ASML N07059210 $3.4M 0.64% 1,871 SH
45 CADENCE DESIGN SYSTEM INC COM CDNS 127387108 $3.3M 0.62% 10,083 SH
46 WALMART INC COM WMT 931142103 $3.1M 0.58% 29,648 SH
47 AMERICAN EXPRESS CO COM AXP 025816109 $2.9M 0.55% 9,579 SH
48 ABBVIE INC COM ABBV 00287Y109 $2.9M 0.54% 11,057 SH
49 LAM RESEARCH CORP COM NEW LRCX 512807306 $2.8M 0.52% 8,483 SH
50 MORGAN STANLEY COM NEW MS 617446448 $2.7M 0.51% 14,484 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-14 $533.2M 1,014 0001697274-26-000005
2026-06-30 2026-07-29 $496.3M 992 0001697274-26-000003
2026-03-31 2026-04-27 $449.2M 961 0001697274-26-000002
2025-12-31 2026-01-20 $459.6M 952 0001697274-26-000001
Filer Information
Address
820 TOWNSHIP LINE ROAD
SUITE 100
YARDLEY, PA 19067
Phone
(866) 899-0068
Filing Manager
NVWM, LLC
YARDLEY, PA
Signatory
Alan Gilmore
Attorney