Tradewinds Capital Management, LLC
CIK
1616026
Location
BELLINGHAM, WA
Portfolio Value
Small
$136,076,837
Diversification
Moderately concentrated
Filing Date
Global Rank
#5,052
/ 8,578
▼ 60
Top Industry
Software - Infrastructure
17.0%
3Y Alpha vs SPY
-4.5%
Period ended 3 months ago
Filed Apr 15, 2026 · 2mo
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+60.2%
SPY
+78.1%
Annualised alpha
-4.2%
Max drawdown
−17.3%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
501 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
28.2%
−3.3 pts
Top 5
66.8%
−3.6 pts
Top 10
74.2%
−2.3 pts
HHI
1,581
Moderately concentrated−160
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 56.1% | $76,387,260 |
| Technology | 15.5% | $21,112,713 |
| Industrials | 5.8% | $7,867,880 |
| Financial Services | 5.1% | $6,889,676 |
| Healthcare | 4.8% | $6,473,887 |
| Consumer Cyclical | 4.1% | $5,548,149 |
| Energy | 3.1% | $4,155,800 |
| Consumer Defensive | 2.6% | $3,506,130 |
| Communication Services | 1.1% | $1,550,753 |
| Utilities | 1.1% | $1,530,781 |
| Basic Materials | 0.6% | $779,993 |
| Real Estate | 0.2% | $273,815 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| TEM | Tempus AI, Inc. | +9,980 | 10,000 | $452,200 | |
| STXS | Stereotaxis, Inc. | +5,600 | 13,600 | $25,024 | |
| AGNT | eXp World Holdings, Inc. | +1,374 | 1,649 | $9,877 | |
| DJT | Trump Media & Technology Group Corp. | +1,000 | 1,651 | $15,321 | |
| U | Unity Software Inc. | +550 | 1,215 | $26,657 | |
| SLV | iShares Silver Trust | +427 | 657 | $44,767 | |
| HL | Hecla Mining Co/De/ | +409 | 734 | $13,674 | |
| ZTS | Zoetis Inc. | +300 | 304 | $35,935 | |
| ORCL | Oracle Corp | +126 | 1,684 | $247,733 | |
| HTGC | Hercules Capital, Inc. | +105 | 3,998 | $59,050 | |
| CRDO | Credo Technology Group Holding Ltd | +99 | 100 | $9,387 | |
| NVDA | Nvidia Corp | +97 | 10,987 | $1,916,132 | |
| RITM | Rithm Capital Corp. | +96 | 3,791 | $35,938 | |
| IAUM | iShares Gold Trust Micro | +72 | 1,172 | $54,732 | |
| T | At&T Inc. | +72 | 2,808 | $81,403 | |
| MRVL | Marvell Technology, Inc. | +71 | 112 | $11,093 | |
| EARN | Ellington Credit Co | +70 | 1,518 | $6,724 | |
| MSFT | Microsoft Corp | +67 | 25,547 | $9,456,732 | |
| MARA | MARA Holdings, Inc. | +64 | 1,503 | $12,264 | |
| NFLX | Netflix Inc | +64 | 909 | $87,400 | |
| MRK | Merck & Co., Inc. | +60 | 319 | $38,372 | |
| APH | Amphenol Corp /De/ | +58 | 84 | $10,613 | |
| V | Visa Inc. | +51 | 254 | $76,768 | |
| WPM | Wheaton Precious Metals Corp. | +50 | 150 | $19,651 | |
| AMD | Advanced Micro Devices Inc | +50 | 80 | $16,274 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SIVR | abrdn Silver ETF Trust | −192,323 | 503,923 | $36,085,926 | |
| GLDM | World Gold Trust | −33,467 | 413,927 | $38,366,893 | |
| ACHR | Archer Aviation Inc. | −15,739 | 10 | $51 | |
| JNJ | Johnson & Johnson | −1,406 | 11,273 | $2,755,572 | |
| HON | Honeywell International Inc | −517 | 6,891 | $1,557,572 | |
| ENS | EnerSys | −515 | 743 | $129,073 | |
| AG | First Majestic Silver Corp | −440 | 300 | $6,444 | |
| RTX | RTX Corp | −373 | 1,323 | $255,206 | |
| LMT | Lockheed Martin Corp | −264 | 87 | $52,581 | |
| TSLA | Tesla, Inc. | −240 | 775 | $288,106 | |
| SPY | Spdr S&P 500 ETF Trust | −219 | 241 | $156,731 | |
| LULU | lululemon athletica inc. | −204 | 17 | $2,602 | |
| KMI | Kinder Morgan, Inc. | −169 | 3,977 | $133,348 | |
| PLTR | Palantir Technologies Inc. | −160 | 166 | $24,282 | |
| VZ | Verizon Communications Inc | −118 | 2,109 | $105,871 | |
| HD | Home Depot, Inc. | −108 | 658 | $216,409 | |
| NTSK | Netskope Inc | −100 | 100 | $849 | |
| DELL | Dell Technologies Inc. | −100 | 30 | $4,923 | |
| PYPL | PayPal Holdings, Inc. | −100 | 290 | $13,116 | |
| SE | Sea Ltd | −100 | 100 | $8,281 | |
| ZS | Zscaler, Inc. | −100 | 31 | $4,348 | |
| PPTA | Perpetua Resources Corp. | −100 | 85 | $2,390 | |
| AAPL | Apple Inc. | −81 | 16,422 | $4,167,739 | |
| AFL | Aflac Inc | −77 | 454 | $49,808 | |
| TEVA | Teva Pharmaceutical Industries Ltd | −70 | 15 | $451 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| RZLV | Rezolve Ai PLC | 43,996 | $112,629 | |
| SNDA | Sonida Senior Living, Inc. | 2,503 | $80,721 | |
| FLY | Firefly Aerospace Inc. | 1,824 | $51,929 | |
| SONO | Sonos Inc | 2,010 | $26,934 | |
| FND | Floor & Decor Holdings, Inc. | 267 | $13,563 | |
| VEEV | Veeva Systems Inc | 50 | $8,783 | |
| POET | Poet Technologies Inc. | 892 | $5,298 | |
| FPS | Forgent Power Solutions, Inc. | 172 | $5,034 | |
| STN | Stantec Inc | 50 | $4,320 | |
| HRL | Hormel Foods Corp /De/ | 175 | $3,963 | |
| AS | Amer Sports, Inc. | 119 | $3,917 | |
| YOU | Clear Secure, Inc. | 75 | $3,630 | |
| HYMC | Hycroft Mining Holding Corp | 100 | $3,520 | |
| KEYS | Keysight Technologies, Inc. | 12 | $3,388 | |
| TLN | Talen Energy Corp | 10 | $3,192 | |
| TRP | Tc Energy Corp | 50 | $3,130 | |
| SR | Spire Inc | 33 | $2,987 | |
| GRAL | GRAIL, Inc. | 50 | $2,584 | |
| LEU | Centrus Energy Corp | 14 | $2,430 | |
| OMC | Omnicom Group Inc. | 29 | $2,183 | |
| BE | Bloom Energy Corp | 15 | $2,032 | |
| OBDC | Blue Owl Capital Corp | 175 | $1,935 | |
| OR | OR Royalties Inc. | 50 | $1,901 | |
| DBGI | Digital Brands Group, Inc. | 1,050 | $1,890 | |
| NCLH | Norwegian Cruise Line Holdings Ltd. | 100 | $1,870 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| ELA | Envela Corp | 2,691 | $36,005 | |
| OMEX | Odyssey Marine Exploration Inc | 13,600 | $26,656 | |
| VERI | Veritone, Inc. | 5,025 | $23,366 | |
| MTZ | Mastec Inc | 100 | $21,737 | |
| BNTX | BioNTech SE | 177 | $16,850 | |
| ULS | UL Solutions Inc. | 138 | $10,882 | |
| FSSL | FS Specialty Lending Fund | 274 | $3,874 | |
| ESTC | Elastic N.V. | 45 | $3,394 | |
| OTEX | Open Text Corp | 100 | $3,258 | |
| KLAR | Klarna Group plc | 100 | $2,891 | |
| TDUP | ThredUp Inc. | 450 | $2,875 | |
| NRG | Nrg Energy, Inc. | 17 | $2,707 | |
| MAPS | Wm Technology, Inc. | 3,200 | $2,640 | |
| MP | MP Materials Corp. / DE | 30 | $1,515 | |
| RVPH | Reviva Pharmaceuticals Holdings, Inc. | 250 | $1,400 | |
| NOC | Northrop Grumman Corp /De/ | 2 | $1,140 | |
| GRAB | Grab Holdings Ltd | 200 | $998 | |
| OVID | Ovid Therapeutics Inc. | 100 | $163 | |
| CHRN | ChronoScale Corp | 17 | $146 | |
| APVO | Aptevo Therapeutics Inc. | 13 | $122 | |
| TSHA | Taysha Gene Therapies, Inc. | 20 | $110 | |
| CMPS | COMPASS Pathways plc | 14 | $96 | |
| PPBT | Purple Biotech Ltd. | 10 | $65 | |
| BZAI | Blaize Holdings, Inc. | 20 | $39 | |
| SENS | Senseonics Holdings, Inc. | 2 | $11 | |
| No positions match the current search. | ||||
501 positions ·
$136,076,837 total
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 501 positions by value
· page 1 of 11
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| GLDM |
World Gold Trust
|
Reduced | 413,927 | $38,366,893 | 28.20% | |
| SIVR |
abrdn Silver ETF Trust
|
Reduced | 503,923 | $36,085,926 | 26.52% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 25,547 | $9,456,732 | 6.95% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 16,422 | $4,167,739 | 3.06% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 13,870 | $2,888,704 | 2.12% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 11,273 | $2,755,572 | 2.03% | |
| XOM |
Exxon Mobil Corp
Energy
|
Added | 13,545 | $2,298,044 | 1.69% | |
| NVDA |
Nvidia Corp
Technology
|
Added | 10,987 | $1,916,132 | 1.41% | |
| HON |
Honeywell International Inc
Industrials
|
Reduced | 6,891 | $1,557,572 | 1.14% | |
| MU |
Micron Technology Inc
Technology
|
Reduced | 4,302 | $1,453,387 | 1.07% | |
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
Reduced | 1,408 | $1,402,973 | 1.03% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Added | 2,193 | $1,265,755 | 0.93% | |
| VMI |
Valmont Industries Inc
Industrials
|
Held | 2,800 | $1,118,796 | 0.82% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 2,311 | $1,107,431 | 0.81% | |
| SBUX |
Starbucks Corp
Consumer Cyclical
|
Added | 10,834 | $970,618 | 0.71% | |
| ABT |
Abbott Laboratories
Healthcare
|
Added | 8,770 | $900,415 | 0.66% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Reduced | 3,500 | $761,215 | 0.56% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 4,751 | $686,234 | 0.50% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Added | 2,379 | $684,105 | 0.50% | |
| XEL |
Xcel Energy Inc
Utilities
|
Held | 8,469 | $672,777 | 0.49% | |
| WAFD |
Wafd Inc
Financial Services
|
Held | 19,000 | $596,600 | 0.44% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Added | 4,777 | $593,685 | 0.44% | |
| UPS |
United Parcel Service Inc
Industrials
|
Held | 6,000 | $590,280 | 0.43% | |
| WFC |
Wells Fargo & Company/Mn
Financial Services
|
Added | 7,361 | $586,009 | 0.43% | |
| OKE |
Oneok Inc /New/
Energy
|
Held | 6,118 | $553,006 | 0.41% | |
| BAC |
Bank Of America Corp /De/
Financial Services
|
Added | 11,267 | $549,266 | 0.40% | |
| MCD |
Mcdonalds Corp
Consumer Cyclical
|
Held | 1,767 | $549,165 | 0.40% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 1,865 | $548,608 | 0.40% | |
| GWW |
W.W. Grainger, Inc.
Industrials
|
Held | 500 | $545,405 | 0.40% | |
| BNY |
Bank of New York Mellon Corp
Financial Services
|
Held | 4,339 | $514,735 | 0.38% | |
| TEL |
TE Connectivity plc
Technology
|
Held | 2,196 | $459,007 | 0.34% | |
| TEM |
Tempus AI, Inc.
Healthcare
|
Added | 10,000 | $452,200 | 0.33% | |
| ENB |
Enbridge Inc
Energy
|
Added | 8,324 | $450,661 | 0.33% | |
| UNP |
Union Pacific Corp
Industrials
|
Held | 1,853 | $449,574 | 0.33% | |
| TRV |
Travelers Companies, Inc.
Financial Services
|
Held | 1,532 | $446,853 | 0.33% | |
| BANR |
Banner Corp
Financial Services
|
Held | 6,992 | $424,274 | 0.31% | |
| BA |
Boeing Co
Industrials
|
Reduced | 2,066 | $411,195 | 0.30% | |
| GLW |
Corning Inc /Ny
Technology
|
Added | 3,007 | $408,861 | 0.30% | |
| TLRY |
Tilray Brands, Inc.
Healthcare
|
Reduced | 60,387 | $390,703 | 0.29% | |
| CAT |
Caterpillar Inc
Industrials
|
Added | 529 | $374,775 | 0.28% | |
| SMCI |
Super Micro Computer, Inc.
Technology
|
Held | 15,718 | $357,898 | 0.26% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Added | 2,104 | $326,730 | 0.24% | |
| NSC |
Norfolk Southern Corp
Industrials
|
Held | 1,053 | $302,211 | 0.22% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Reduced | 775 | $288,106 | 0.21% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Added | 3,489 | $270,711 | 0.20% | |
| RTX |
RTX Corp
Industrials
|
Reduced | 1,323 | $255,206 | 0.19% | |
| CVX |
Chevron Corp
Energy
|
Reduced | 1,221 | $252,624 | 0.19% | |
| DIS |
Walt Disney Co
Communication Services
|
Reduced | 2,619 | $252,419 | 0.19% | |
| ORCL |
Oracle Corp
Technology
|
Added | 1,684 | $247,733 | 0.18% | |
| DE |
Deere & Co
Industrials
|
Held | 435 | $245,035 | 0.18% |