Top Institutional Investors

FWG Holdings, LLC — 13F Holdings & Portfolio

CIK 1862067 · latest 13F-HR filed 2026-08-14

Backtest portfolio

FWG Holdings, LLC manages $288.0M in 13F-reported U.S. long-equity assets across 127 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VTV (11.14%), VUG (10.47%), QQQ (6.38%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 20 new positions and exited 18; 62 existing positions rose in reported value and 23 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.

Loading holdings…
AUM
$288.0M

Long-equity book

Holdings
127

Distinct positions

Period
2026-06-30

Filed 2026-08-14

Q/Q Activity
+20 / −18 / ↑62 / ↓23

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
VTV11.1% · +17%VUG10.5% · +546%QQQ6.4% · -6%FENI4.2% · +12%EVIM4.0% · +12%FBND3.9% · -15%SPY3.0% · +0%AIS2.6% · -34%NVDA2.5% · -3%FYX2.5% · +2099%TLTW2.3% · +284%XAGG2.1% · -14%AAPL1.9% · +4%FEMR1.7% · +10%JPM1.4% · +1%MU1.3% · -13%CGMU1.2% · +13%CGSM1.2% · +13%AMZN1.1% · +1%EVSD1.1% · -23%BIL1.1% · -73%FTGC1.1% · newMSFT1.1% · +5%RAAX1.0% · newTFLO1.0% · -32%CAT0.8% · -14%FNX0.8% · -2%BRK.B0.8% · -3%FVD0.8% · +8%LLY0.8% · -7%XOM0.7% · -2%RDVI0.7% · newCRWD0.6% · +289%PLTR0.6% · +9%GOOG0.6% · -6%DIA0.6% · 0%JEPQ0.6% · -9%BA0.6% · +1%AMAT0.5% · -3%AVGO0.5% · -9%AMD0.5% · -21%NEE0.5% · +12%TSM0.5% · -8%META0.5% · -15%TT0.5% · +0%FLRT0.4% · +13%V0.4% · -8%TSLA0.4% · -14%PANW0.4% · -8%ASML0.4% · -4%HD0.4% · -2%RTX0.4% · -35%GE0.4% · -6%AMLP0.4% · -1%GOOGL0.4% · +2%MOAT0.3% · -89%CSCO0.3% · -31%KO0.3% · -36%VCSH0.3% · -34%IBM0.3% · +154%

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

Q1 26 → Q2 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

3 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 = 50.7%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 30, 2026.

Assets Under Management
$439.1M
Discretionary
$439.1M
Employees
14
Accounts
1,102
Address
1099 W MORSE BLVD
WINTER PARK, FL 32789
Phone
(407) 999-8998
Website
Name Title / Status Ownership Type
LEDFORD HOLDINGS, LLC ControlMEMBER
since Jul 2022
75% or moreDomestic Entity
LEDFORD, JOHN, EDWARD ControlPRESIDENT AND CHIEF COMPLIANCE OFFICER
since Jun 2020
Less than 5%Individual
CAPITAL ROCK LLCMEMBER
since Jul 2022
10–25%Domestic Entity
LEDFORD, JOHN, EDWARD Control
Indirect owner via LEDFORD HOLDINGS, LLC
MEMBER
since Jul 2022
75% or moreIndividual
LINQUIST, COLE, ROBERT
Indirect owner via CAPITAL ROCK LLC
MEMBER
since Jul 2022
75% or moreIndividual
Ownership & leadership changes · 2 filings with changes since Apr 21, 2020

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.

Jul 28, 2022 filing
  • AddedCAPITAL ROCK LLC · MEMBER · 10–25%
  • AddedLEDFORD HOLDINGS, LLC · MEMBER · 75% or more · control person
  • AddedLEDFORD, JOHN, EDWARD · MEMBER · 75% or more · indirect via LEDFORD HOLDINGS, LLC · control person
  • AddedLINQUIST, COLE, ROBERT · MEMBER · 75% or more · indirect via CAPITAL ROCK LLC
  • ChangedLEDFORD, JOHN, EDWARD · ownership 75% or more → Less than 5%
Jun 19, 2020 filing
  • No longer listedLedford, Bradley, Davis · PRESIDENT AND CHIEF COMPLIANCE OFFICER · 75% or more · control person · listed since Apr 2020
  • AddedLEDFORD, JOHN, EDWARD · PRESIDENT AND CHIEF COMPLIANCE OFFICER · 75% or more · control person
Apr 21, 2020 filing (earliest on record)
  • ListedLedford, Bradley, Davis · PRESIDENT AND 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.

FWG Holdings, LLC Holdings (2026-06-30)

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 VANGUARD INDEX FDS VTV 922908744 $32.1M 11.14% 145,104 SH
2 VANGUARD INDEX FDS VUG 922908736 $30.1M 10.47% 361,064 SH
3 INVESCO QQQ TR QQQ 46090E103 $18.4M 6.38% 26,855 SH
4 FIDELITY COVINGTON TRUST FENI 31609A404 $12.1M 4.19% 303,016 SH
5 MORGAN STANLEY ETF TRUST EVIM 61774R882 $11.5M 3.99% 219,770 SH
6 FIDELITY MERRIMACK STR TR FBND 316188309 $11.3M 3.93% 251,769 SH
7 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $8.7M 3.02% 11,773 SH
8 TIDAL TRUST III AIS 45259A845 $7.4M 2.58% 110,584 SH
9 NVIDIA CORPORATION NVDA 67066G104 $7.3M 2.54% 35,376 SH
10 FIRST TR EXCHANGE-TRADED ALP FYX 33734Y109 $7.2M 2.50% 50,930 SH
11 ISHARES TR TLTW 46436E338 $6.8M 2.35% 313,795 SH
12 MORGAN STANLEY ETF TRUST XAGG 61774R817 $6.0M 2.10% 121,823 SH
13 APPLE INC AAPL 037833100 $5.6M 1.95% 16,859 SH
14 FIDELITY COVINGTON TRUST FEMR 31609A800 $5.0M 1.73% 127,159 SH
15 JPMORGAN CHASE & CO JPM 46625H100 $4.1M 1.41% 11,472 SH
16 MICRON TECHNOLOGY INC MU 595112103 $3.8M 1.33% 4,160 SH
17 CAPITAL GRP FIXED INCM ETF T CGMU 14020Y201 $3.5M 1.20% 128,242 SH
18 CAPITAL GRP FIXED INCM ETF T CGSM 14020Y607 $3.5M 1.20% 131,988 SH
19 AMAZON COM INC AMZN 023135106 $3.3M 1.14% 14,198 SH
20 MORGAN STANLEY ETF TRUST EVSD 61774R825 $3.3M 1.14% 64,539 SH
21 SPDR SERIES TRUST BIL 78468R663 $3.1M 1.07% 33,695 SH
22 FIRST TR EXCHANGE TRAD FD VI FTGC 33739H101 $3.0M 1.05% 103,112 SH
23 MICROSOFT CORP MSFT 594918104 $3.0M 1.05% 7,947 SH
24 VANECK ETF TRUST RAAX 92189F130 $2.9M 0.99% 71,357 SH
25 ISHARES TR TFLO 46434V860 $2.7M 0.95% 54,314 SH
26 CATERPILLAR INC CAT 149123101 $2.4M 0.85% 2,742 SH
27 FIRST TR EXCHANGE-TRADED ALP FNX 33735B108 $2.4M 0.83% 16,658 SH
28 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $2.4M 0.82% 4,764 SH
29 FIRST TR EXCHANGE-TRADED FD FVD 33734H106 $2.2M 0.78% 44,744 SH
30 ELI LILLY & CO LLY 532457108 $2.2M 0.76% 1,832 SH
31 EXXON MOBIL CORP XOM 30231G102 $2.0M 0.70% 12,805 SH
32 FIRST TR EXCHANGE-TRADED FD RDVI 33738D879 $2.0M 0.68% 68,116 SH
33 CROWDSTRIKE HLDGS INC CRWD 22788C105 $1.8M 0.64% 10,072 SH
34 PALANTIR TECHNOLOGIES INC PLTR 69608A108 $1.8M 0.62% 14,552 SH
35 ALPHABET INC GOOG 02079K107 $1.8M 0.61% 5,541 SH
36 STATE STR SPDR DOW JONES IND DIA 78467X109 $1.7M 0.59% 3,281 SH
37 J P MORGAN EXCHANGE TRADED F JEPQ 46654Q203 $1.7M 0.59% 29,281 SH
38 BOEING CO BA 097023105 $1.6M 0.56% 7,737 SH
39 APPLIED MATLS INC AMAT 038222105 $1.5M 0.51% 2,729 SH
40 BROADCOM INC AVGO 11135F101 $1.4M 0.50% 3,781 SH
41 ADVANCED MICRO DEVICES INC AMD 007903107 $1.4M 0.50% 2,743 SH
42 NEXTERA ENERGY INC NEE 65339F101 $1.4M 0.48% 15,291 SH
43 TAIWAN SEMICONDUCTOR MANUFAC TSM 874039100 $1.3M 0.46% 3,291 SH
44 META PLATFORMS INC META 30303M102 $1.3M 0.46% 2,224 SH
45 TRANE TECHNOLOGIES PLC TT G8994E103 $1.3M 0.45% 2,711 SH
46 PACER FDS TR FLRT 69374H428 $1.3M 0.44% 27,494 SH
47 VISA INC V 92826C839 $1.3M 0.44% 3,572 SH
48 TESLA INC TSLA 88160R101 $1.2M 0.43% 3,973 SH
49 PALO ALTO NETWORKS INC PANW 697435105 $1.2M 0.43% 3,797 SH
50 ASML HLDG NV ASML N07059210 $1.2M 0.41% 678 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $288.0M 127 0001862067-26-000004
2026-03-31 2026-04-13 $264.6M 125 0001862067-26-000003
2025-12-31 2026-02-02 $263.5M 127 0001862067-26-000002
Filer Information
Address
1099 W MORSE BLVD
WINTER PARK, FL 32789
Phone
(407) 999-8998
Filing Manager
FWG Holdings, LLC
WINTER PARK, FL
Signatory
Sarah Delaney
CCO