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Brightwater Advisory LLC — 13F Holdings & Portfolio

CIK 2034566 · latest 13F-HR filed 2026-08-10

Backtest portfolio

Brightwater Advisory LLC manages $158.3M in 13F-reported U.S. long-equity assets across 59 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SCHF (9.60%), SCHP (6.73%), SCHB (6.08%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 1 new position and exited 2; 42 existing positions rose in reported value and 5 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
$158.3M

Long-equity book

Holdings
59

Distinct positions

Period
2026-06-30

Filed 2026-08-10

Q/Q Activity
+1 / −2 / ↑42 / ↓5

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
SCHF9.6% · -3%SCHP6.7% · +1%SCHB6.1% · -4%SPY6.0% · -0%FNDB5.1% · -4%VB4.7% · -2%VIG4.3% · -2%IWD4.2% · -1%TFPN4.1% · -3%SCHE3.7% · -3%TIP3.5% · -2%IJK3.3% · -0%IJJ3.0% · -0%FNDF2.7% · -2%CGV2.4% · -1%IWF2.4% · +295%ACWX2.2% · -3%IJH2.1% · -2%RSP2.1% · -2%VWO2.0% · -1%VONV1.6% · -1%AAPL1.6% · -2%AFL1.5% · 0%EFA1.4% · -3%VTI1.0% · -5%SHY0.8% · -1%VT0.7% · -5%NVDA0.6% · +1%MSFT0.6% · -1%JNJ0.6% · 0%GOOGL0.5% · -0%MDY0.5% · -4%DWM0.5% · -4%IJR0.5% · -2%XOM0.5% · 0%AMZN0.4% · +2%GOOG0.4% · 0%JPM0.4% · -1%ACWI0.4% · 0%CAT0.4% · -3%JMOM0.4% · 0%ITB0.4% · 0%AVGO0.3% · -39%HD0.3% · +0%XLF0.3% · -17%CSCO0.3% · 0%ILCB0.3% · 0%KO0.3% · 0%VBR0.3% · 0%VYM0.3% · 0%BRK.B0.3% · 0%VEU0.2% · 0%VEA0.2% · 0%AEE0.2% · 0%IEI0.2% · -2%GLD0.2% · 0%EEM0.2% · 0%SCHG0.2% · -28%GE0.1% · new

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 = 54.4%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 16, 2026.

Assets Under Management
$303.8M
Discretionary
$292.9M
Employees
5
Accounts
718
Address
4613 W. NORTH A ST.
TAMPA, FL 33609
Phone
(813) 251-6310
Website
Name Title / Status Ownership Type
MADDUX, DAVID, CARLEN ControlMANAGING MEMBER, CHIEF EXECUTIVE OFFICER, CHIEF COMPLIANCE OFFICER, AND CHIEF INVESTMENT OFFICER
since May 2014
50–75%Individual
MADDUX, KATHLEEN, NELSON ControlMEMBER, CHIEF FINANCIAL OFFICER
since May 2014
50–75%Individual
Ownership & leadership changes · 1 filing with changes since Apr 20, 2017

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.

Mar 26, 2018 filing
  • No longer listedGAREY, ROBERT, BRUCE · CHIEF COMPLIANCE OFFICER AND INVESTMENT ADVISER REPRESENTATIVE · Less than 5% · listed since Apr 2017
  • ChangedMADDUX, DAVID, CARLEN · title MANAGING MEMBER, CHIEF EXECUTIVE OFFICER, AND CHIEF INVESTMENT OFFICER → MANAGING MEMBER, CHIEF EXECUTIVE OFFICER, CHIEF COMPLIANCE OFFICER, AND CHIEF INVESTMENT OFFICER
Apr 20, 2017 filing (earliest on record)
  • ListedGAREY, ROBERT, BRUCE · CHIEF COMPLIANCE OFFICER AND INVESTMENT ADVISER REPRESENTATIVE · Less than 5%
  • ListedMADDUX, DAVID, CARLEN · MANAGING MEMBER, CHIEF EXECUTIVE OFFICER, AND CHIEF INVESTMENT OFFICER · 50–75% · control person
  • ListedMADDUX, KATHLEEN, NELSON · MEMBER, CHIEF FINANCIAL OFFICER · 50–75% · 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.

Top Adds (vs prior quarter)

Show all 42 →

Top Trims

Show all 5 →

New Positions

Show all 1 →

Exited Positions

Show all 2 →

Brightwater Advisory 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 SCHWAB STRATEGIC TR SCHF 808524805 $15.2M 9.60% 548,347 SH
2 SCHWAB STRATEGIC TR SCHP 808524870 $10.6M 6.73% 401,658 SH
3 SCHWAB STRATEGIC TR SCHB 808524102 $9.6M 6.08% 332,338 SH
4 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $9.4M 5.95% 12,609 SH
5 SCHWAB STRATEGIC TR FNDB 808524789 $8.0M 5.07% 263,213 SH
6 VANGUARD INDEX FDS VB 922908751 $7.4M 4.70% 24,551 SH
7 VANGUARD SPECIALIZED FUNDS VIG 921908844 $6.7M 4.25% 28,451 SH
8 ISHARES TR IWD 464287598 $6.6M 4.18% 27,281 SH
9 TIDAL TRUST II TFPN 88636J873 $6.4M 4.07% 204,218 SH
10 SCHWAB STRATEGIC TR SCHE 808524706 $5.9M 3.74% 163,176 SH
11 ISHARES TR TIP 464287176 $5.5M 3.49% 50,451 SH
12 ISHARES TR IJK 464287606 $5.2M 3.30% 44,493 SH
13 ISHARES TR IJJ 464287705 $4.8M 3.01% 32,195 SH
14 SCHWAB STRATEGIC TR FNDF 808524755 $4.3M 2.74% 82,120 SH
15 TWO RDS SHARED TR CGV 90214Q584 $3.8M 2.38% 242,109 SH
16 ISHARES TR IWF 464287614 $3.8M 2.37% 30,268 SH
17 ISHARES TR ACWX 464288240 $3.5M 2.24% 46,609 SH
18 ISHARES TR IJH 464287507 $3.4M 2.13% 43,656 SH
19 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $3.3M 2.10% 15,587 SH
20 VANGUARD INTL EQUITY INDEX F VWO 922042858 $3.2M 2.03% 53,787 SH
21 VANGUARD SCOTTSDALE FDS VONV 92206C714 $2.5M 1.60% 23,766 SH
22 APPLE INC AAPL 037833100 $2.5M 1.56% 8,524 SH
23 AFLAC INC AFL 001055102 $2.4M 1.50% 20,192 SH
24 ISHARES TR EFA 464287465 $2.3M 1.43% 21,772 SH
25 VANGUARD INDEX FDS VTI 922908769 $1.5M 0.98% 4,171 SH
26 ISHARES TR SHY 464287457 $1.3M 0.82% 15,804 SH
27 VANGUARD INTL EQUITY INDEX F VT 922042742 $1.1M 0.71% 7,138 SH
28 NVIDIA CORPORATION NVDA 67066G104 $1.0M 0.64% 5,023 SH
29 MICROSOFT CORP MSFT 594918104 $991.5K 0.63% 2,658 SH
30 JOHNSON & JOHNSON JNJ 478160104 $928.5K 0.59% 3,656 SH
31 ALPHABET INC GOOGL 02079K305 $821.2K 0.52% 2,298 SH
32 STATE STR SPDR S&P MIDCAP 40 MDY 78467Y107 $811.7K 0.51% 1,154 SH
33 WISDOMTREE TR DWM 97717W703 $791.7K 0.50% 10,814 SH
34 ISHARES TR IJR 464287804 $774.8K 0.49% 5,224 SH
35 EXXON MOBIL CORP XOM 30231G102 $771.1K 0.49% 5,640 SH
36 AMAZON COM INC AMZN 023135106 $681.4K 0.43% 2,859 SH
37 ALPHABET INC GOOG 02079K107 $679.5K 0.43% 1,923 SH
38 JPMORGAN CHASE & CO JPM 46625H100 $668.4K 0.42% 2,042 SH
39 ISHARES TR ACWI 464288257 $660.5K 0.42% 4,208 SH
40 CATERPILLAR INC CAT 149123101 $630.2K 0.40% 592 SH
41 J P MORGAN EXCHANGE TRADED F JMOM 46641Q779 $599.1K 0.38% 7,010 SH
42 ISHARES TR ITB 464288752 $556.7K 0.35% 5,328 SH
43 BROADCOM INC AVGO 11135F101 $534.1K 0.34% 1,414 SH
44 HOME DEPOT INC HD 437076102 $524.1K 0.33% 1,486 SH
45 SELECT SECTOR SPDR TR XLF 81369Y605 $501.2K 0.32% 9,349 SH
46 CISCO SYS INC CSCO 17275R102 $488.0K 0.31% 4,155 SH
47 ISHARES TR ILCB 464287127 $466.6K 0.29% 4,502 SH
48 COCA COLA CO KO 191216100 $415.9K 0.26% 5,117 SH
49 VANGUARD INDEX FDS VBR 922908611 $410.2K 0.26% 1,688 SH
50 VANGUARD WHITEHALL FDS VYM 921946406 $406.5K 0.26% 2,572 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-10 $158.3M 59 0002034566-26-000003
2026-03-31 2026-05-01 $151.2M 60 0002034566-26-000002
2025-12-31 2026-02-12 $148.0M 59 0002034566-26-000001
Filer Information
Address
4613 W. NORTH A ST.
TAMPA, FL 33609
Phone
(813) 251-6310
Filing Manager
Brightwater Advisory LLC
TAMPA, FL
Signatory
David Maddux
CCO