NWAM LLC

CIK

1655006

Location

MERCER ISLAND, WA

Portfolio Value

Small $828,731,653

Diversification

Diversified

Filing Date

Global Rank

#1,961 / 8,603 ▲ 23 · as of Mar 2026

Top Industry

Semiconductors 12.9%

3Y Alpha vs SPY

-1.4%

Period ended 3 months ago

Filed May 4, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+69.7%

SPY

+76.0%

Annualised alpha

-1.4%

Max drawdown

−20.4%

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

306 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

10.3%

−3.5 pts

Top 5

30.9%

−5.0 pts

Top 10

43.6%

−5.0 pts

HHI

291

Diversified−93

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	34.2%	$283,416,460	51
Industrials	11.3%	$94,002,298	41
Unclassified	10.3%	$85,283,228	15
Healthcare	9.5%	$78,615,914	41
Financial Services	8.1%	$66,899,288	53
Consumer Cyclical	7.9%	$65,481,476	18
Consumer Defensive	5.3%	$43,889,768	17
Communication Services	5.2%	$42,800,677	13
Energy	4.6%	$38,120,845	25
Basic Materials	2.3%	$18,721,410	16
Real Estate	0.7%	$5,794,472	8
Utilities	0.7%	$5,705,817	8

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
PG	PROCTER & GAMBLE Co	+40,447	70,477	$10,179,697
SLB	Slb Limited/Nv	+17,563	92,652	$4,761,386
NVO	Novo Nordisk A S	+15,872	20,662	$759,328
D	Dominion Energy, Inc	+13,164	20,104	$1,242,829
EDD	Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.	+11,677	40,713	$206,414
NVDA	Nvidia Corp	+11,052	239,948	$41,846,931
F	Ford Motor Co	+11,028	59,030	$681,206
KYN	Kayne Anderson Energy Infrastructure Fund, Inc.	+10,824	82,048	$1,171,645
PFE	Pfizer Inc	+10,531	53,887	$1,513,146
AVGO	Broadcom Inc.	+9,477	98,045	$30,345,907
OXY	Occidental Petroleum Corp /De/	+8,606	14,927	$970,255
DPG	Duff & Phelps Utility & Infrastructure Fund Inc.	+8,421	35,712	$515,681
BMY	Bristol Myers Squibb Co	+8,102	22,690	$1,376,148
GOOGL	Alphabet Inc.	+8,055	49,128	$14,127,247
TEI	Templeton Emerging Markets Income Fund	+7,726	26,005	$156,290
ADI	Analog Devices Inc	+7,692	8,976	$2,855,624
INSM	INSMED Inc	+5,901	44,883	$7,339,268
FCX	Freeport-Mcmoran Inc	+5,784	80,621	$4,738,902
HASI	HA Sustainable Infrastructure Capital, Inc.	+5,709	25,279	$929,003
DHR	Danaher Corp /De/	+5,575	15,675	$2,971,980
SYK	Stryker Corp	+5,476	7,892	$2,593,232
ROK	Rockwell Automation, Inc	+5,331	6,154	$2,208,547
SNAP	Snap Inc	+4,936	26,302	$120,989
TMUS	T-Mobile US, Inc.	+4,676	6,729	$1,413,291
VLTO	Veralto Corp	+4,076	7,036	$622,123
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CRSP	CRISPR Therapeutics AG	−52,670	9,173	$436,359
BTU	Peabody Energy Corp	−27,208	78,501	$2,586,607
IHRT	iHeartMedia, Inc.	−23,200	25,550	$74,606
AMZN	Amazon Com Inc	−20,312	142,352	$29,647,651
PHYS	Sprott Physical Gold Trust	−16,202	54,009	$1,914,078
MSFT	Microsoft Corp	−13,220	229,556	$84,974,744
GGN	GAMCO Global Gold, Natural Resources & Income Trust	−8,823	88,168	$469,053
SLV	iShares Silver Trust	−8,814	89,283	$6,083,743
VRT	Vertiv Holdings Co	−8,093	29,621	$7,422,430
DBC	Invesco DB Commodity Index Tracking Fund	−7,926	31,231	$904,137
RIG	Transocean Ltd.	−7,466	24,668	$163,548
QQQ	Invesco Qqq Trust, Series 1	−5,711	59,489	$34,335,861
EPD	Enterprise Products Partners L.P.	−4,916	18,603	$703,937
GS	Goldman Sachs Group Inc	−4,243	1,862	$1,575,233
UPS	United Parcel Service Inc	−3,578	107,544	$10,580,178
IBIT	iShares Bitcoin Trust ETF	−3,345	11,130	$427,614
NTRA	Natera, Inc.	−2,997	6,681	$1,336,133
HFWA	Heritage Financial Corp /Wa/	−2,885	50,362	$1,309,412
COIN	Coinbase Global, Inc.	−2,783	6,421	$1,121,170
NU	Nu Holdings Ltd.	−2,725	28,951	$416,025
UNH	Unitedhealth Group Inc	−2,499	3,958	$1,070,995
SOLS	Solstice Advanced Materials Inc.	−2,331	23,460	$1,786,713
GLW	Corning Inc /Ny	−2,263	41,480	$5,640,035
CDNS	Cadence Design Systems Inc	−2,244	1,515	$420,973
SBUX	Starbucks Corp	−2,089	57,044	$5,110,571
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
ECHO	EchoStar CORP	20,172	$2,361,536
DBA	Invesco Db Agriculture Fund	78,075	$2,133,009
WAB	Westinghouse Air Brake Technologies Corp	8,509	$2,126,484
CNI	Canadian National Railway Co	14,589	$1,499,311
NXT	Nextpower Inc.	10,843	$1,307,123
NYT	New York Times Co	15,172	$1,270,351
XYL	Xylem Inc.	10,313	$1,232,403
CARR	CARRIER GLOBAL Corp	19,210	$1,081,715
ATR	Aptargroup, Inc.	6,854	$863,741
AZN	Astrazeneca PLC	4,273	$842,721
NET	Cloudflare, Inc.	4,003	$825,979
CBT	Cabot Corp	10,220	$769,668
TSN	Tyson Foods, Inc.	11,582	$742,058
FSLR	First Solar, Inc.	3,691	$728,086
UL	Unilever PLC	11,942	$680,335
AMAL	Amalgamated Financial Corp.	17,329	$673,578
FLEX	Flex Ltd.	6,856	$448,793
DXCM	Dexcom Inc	7,080	$444,624
NCLH	Norwegian Cruise Line Holdings Ltd.	19,673	$367,885
DVN	Devon Energy Corp/De	6,720	$338,150
MKTX	Marketaxess Holdings Inc	1,984	$327,320
ROP	Roper Technologies Inc	887	$313,873
ENB	Enbridge Inc	4,974	$269,292
LH	Labcorp Holdings Inc.	975	$260,139
ORA	Ormat Technologies, Inc.	2,315	$259,094
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
SHOP	Shopify Inc.	30,857	$4,967,051
AVXL	Anavex Life Sciences Corp.	870,796	$3,100,033
GLDD	Great Lakes Dredge & Dock CORP	217,450	$2,852,944
ETHE	Grayscale Ethereum Staking ETF	35,888	$874,590
AVAV	AeroVironment Inc	2,392	$578,600
DD	DuPont de Nemours, Inc.	4,744	$572,126
FETH	Fidelity Ethereum Fund	15,125	$447,851
HUBB	Hubbell Inc	874	$388,152
ZS	Zscaler, Inc.	1,708	$384,163
BABA	Alibaba Group Holding Ltd	2,551	$373,925
CEG	Constellation Energy Corp	1,013	$357,862
CHD	Church & Dwight Co Inc /De/	4,257	$356,949
LDOS	Leidos Holdings, Inc.	1,876	$338,430
ADBE	Adobe Inc.	917	$320,940
INTU	Intuit Inc.	481	$318,624
AXON	Axon Enterprise, Inc.	553	$314,065
TEAM	Atlassian Corp	1,878	$304,498
COF	Capital One Financial Corp	1,153	$279,441
NKE	NIKE, Inc.	4,357	$277,584
ALK	Alaska Air Group, Inc.	5,349	$269,054
GEHC	GE HealthCare Technologies Inc.	3,176	$260,495
DG	Dollar General Corp	1,937	$257,175
IR	Ingersoll Rand Inc.	3,132	$248,117
HSY	Hershey Co	1,311	$238,575
SNOW	Snowflake Inc.	1,068	$234,276
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

306 positions · $828,731,653 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 306 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	229,556	-13,220	$84,974,744	−27.6%	10.25%
AAPL	Apple Inc. Technology	Added	255,759	+3,156	$64,909,076	−5.5%	7.83%
NVDA	Nvidia Corp Technology	Added	239,948	+11,052	$41,846,931	−2.0%	5.05%
QQQ	Invesco Qqq Trust, Series 1	Reduced	59,489	-5,711	$34,335,861	−14.3%	4.14%
AVGO	Broadcom Inc. Technology	Added	98,045	+9,477	$30,345,907	−1.0%	3.66%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	142,352	-20,312	$29,647,651	−21.0%	3.58%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	20,897	-147	$20,822,397	+14.7%	2.51%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	42,437	+99	$20,335,810	−4.4%	2.45%
TSLA	Tesla, Inc. Consumer Cyclical	Added	51,132	+2,096	$19,008,321	−13.8%	2.29%
GLD	Spdr Gold Trust	Added	35,316	+932	$15,196,121	+11.5%	1.83%
GOOGL	Alphabet Inc. Communication Services	Added	49,128	+8,055	$14,127,247	+9.9%	1.70%
META	Meta Platforms, Inc. Communication Services	Reduced	24,156	-325	$13,820,372	−14.5%	1.67%
LLY	ELI LILLY & Co Healthcare	Reduced	14,539	-136	$13,372,536	−15.2%	1.61%
SPY	Spdr S&P 500 ETF Trust	Added	18,971	+1,660	$12,337,600	+4.5%	1.49%
UPS	United Parcel Service Inc Industrials	Reduced	107,544	-3,578	$10,580,178	−4.0%	1.28%
BA	Boeing Co Industrials	Added	53,006	+3,238	$10,549,784	−2.4%	1.27%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	70,477	+40,447	$10,179,697	+136.5%	1.23%
GEV	GE Vernova Inc. Industrials	Reduced	11,359	-365	$9,915,271	+29.4%	1.20%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	26,312	-231	$8,892,140	+10.2%	1.07%
CCJ	Cameco Corp Energy	Reduced	78,590	-428	$8,535,659	+18.1%	1.03%
HON	Honeywell International Inc Industrials	Added	33,402	+2,285	$7,918,044	+24.4%	0.96%
VRT	Vertiv Holdings Co Industrials	Reduced	29,621	-8,093	$7,422,430	+21.5%	0.90%
INSM	INSMED Inc Healthcare	Added	44,883	+5,901	$7,339,268	+8.2%	0.89%
HII	Huntington Ingalls Industries, Inc. Industrials	Reduced	17,742	-87	$6,740,185	+11.2%	0.81%
AEM	Agnico Eagle Mines Ltd Basic Materials	Reduced	31,152	-361	$6,323,232	+18.4%	0.76%
USB	US Bancorp De Financial Services	Reduced	120,202	-1,287	$6,251,706	−3.6%	0.75%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	21,223	-634	$6,242,957	−11.4%	0.75%
SLV	iShares Silver Trust	Reduced	89,283	-8,814	$6,083,743	−3.7%	0.73%
JNJ	Johnson & Johnson Healthcare	Added	24,809	+1,421	$6,064,311	+25.3%	0.73%
AMGN	Amgen Inc Healthcare	Reduced	16,900	-26	$5,946,265	+7.3%	0.72%
GLW	Corning Inc /Ny Technology	Reduced	41,480	-2,263	$5,640,035	+47.3%	0.68%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Reduced	11,185	-107	$5,180,780	−4.5%	0.63%
HAL	Halliburton Co Energy	Reduced	131,497	-533	$5,127,068	+37.4%	0.62%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	57,044	-2,089	$5,110,571	+2.6%	0.62%
SLB	Slb Limited/Nv Energy	Added	92,652	+17,563	$4,761,386	+65.2%	0.57%
FCX	Freeport-Mcmoran Inc Basic Materials	Added	80,621	+5,784	$4,738,902	+24.7%	0.57%
PCAR	Paccar Inc Industrials	Added	40,359	+2,481	$4,661,464	+12.4%	0.56%
ISRG	Intuitive Surgical Inc Healthcare	Added	10,065	+1,473	$4,639,864	−4.7%	0.56%
ABBV	AbbVie Inc. Healthcare	Added	20,962	+183	$4,559,025	−4.0%	0.55%
CVX	Chevron Corp Energy	Reduced	20,197	-1,262	$4,178,759	+27.8%	0.50%
MU	Micron Technology Inc Technology	Reduced	11,591	-1,698	$3,915,903	+3.2%	0.47%
CAT	Caterpillar Inc Industrials	Added	5,493	+541	$3,891,570	+37.2%	0.47%
PLTR	Palantir Technologies Inc. Technology	Reduced	26,143	-46	$3,824,198	−17.8%	0.46%
CNR	Core Natural Resources, Inc. Energy	Added	33,469	+925	$3,505,208	+21.7%	0.42%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	66,408	-404	$3,237,390	−11.9%	0.39%
ASML	Asml Holding NV Technology	Added	2,442	+25	$3,225,466	+24.7%	0.39%
ETN	Eaton Corp plc Industrials	Added	8,718	+2,160	$3,118,167	+49.3%	0.38%
T	At&T Inc. Communication Services	Added	107,210	+1,859	$3,108,017	+18.8%	0.38%
FBTC	Fidelity Wise Origin Bitcoin Fund	Added	50,494	+3,700	$2,980,660	−16.4%	0.36%
DHR	Danaher Corp /De/ Healthcare	Added	15,675	+5,575	$2,971,980	+28.5%	0.36%