NDWM LLC

CIK

1818386

Location

LA JOLLA, CA

Portfolio Value

Micro $26,004,308

Diversification

Moderately concentrated

Filing Date

Global Rank

#7,548 / 8,605 ▼ 571 · as of Mar 2026

Top Industry

Insurance - Diversified 28.7%

3Y Alpha vs SPY

-2.1%

Period ended 3 months ago

Filed Apr 27, 2026 · 2mo

10 quarters · since Dec 2023

Clone Performance

Feb 2024–Jul 2026 · vs SPY

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

Cloned portfolio

+47.6%

SPY

+54.1%

Annualised alpha

-2.1%

Max drawdown

−17.7%

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

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

Top Position

35.7%

−25.2 pts

Top 5

83.6%

−6.4 pts

Top 10

95.6%

−2.2 pts

HHI

2,240

Moderately concentrated−1,813

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	68.1%	$17,708,844	3
Technology	11.5%	$2,981,761	3
Financial Services	10.0%	$2,589,212	2
Consumer Cyclical	4.5%	$1,166,551	1
Industrials	2.0%	$521,925	2
Communication Services	1.9%	$487,218	2
Utilities	1.3%	$340,010	1
Healthcare	0.8%	$208,787	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

2 positions

Ticker	Company	Δ Shares	Shares	Value
GLD	Spdr Gold Trust	+1,240	21,594	$9,291,682
GOOGL	Alphabet Inc.	+140	990	$284,684
No positions match the current search.

Trimmed

Positions the filer reduced

9 positions

Ticker	Company	Δ Shares	Shares	Value
SPY	Spdr S&P 500 ETF Trust	−32,984	11,118	$7,230,480
NOW	ServiceNow, Inc.	−1,640	10,104	$1,056,373
BRK-B	Berkshire Hathaway Inc	−434	4,969	$2,381,144
META	Meta Platforms, Inc.	−231	354	$202,534
MSFT	Microsoft Corp	−110	723	$267,632
QQQ	Invesco Qqq Trust, Series 1	−90	2,056	$1,186,682
TSLA	Tesla, Inc.	−75	3,138	$1,166,551
AAPL	Apple Inc.	−58	6,532	$1,657,756
LLY	ELI LILLY & Co	−43	227	$208,787
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
PHYS	Sprott Physical Gold Trust	5,871	$208,068
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

15 positions · $26,004,308 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GLD	Spdr Gold Trust	Added	21,594	+1,240	$9,291,682	+15.2%	35.73%
SPY	Spdr S&P 500 ETF Trust	Reduced	11,118	-32,984	$7,230,480	−76.0%	27.80%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	4,969	-434	$2,381,144	−12.3%	9.16%
AAPL	Apple Inc. Technology	Reduced	6,532	-58	$1,657,756	−7.5%	6.37%
QQQ	Invesco Qqq Trust, Series 1	Reduced	2,056	-90	$1,186,682	−10.0%	4.56%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	3,138	-75	$1,166,551	−19.3%	4.49%
NOW	ServiceNow, Inc. Technology	Reduced	10,104	-1,640	$1,056,373	−41.3%	4.06%
D	Dominion Energy, Inc Utilities	Held	5,500	0	$340,010	+5.5%	1.31%
GOOGL	Alphabet Inc. Communication Services	Added	990	+140	$284,684	+7.0%	1.09%
CAT	Caterpillar Inc Industrials	Held	392	0	$277,716	+23.7%	1.07%
MSFT	Microsoft Corp Technology	Reduced	723	-110	$267,632	−33.6%	1.03%
BA	Boeing Co Industrials	Held	1,227	0	$244,209	−8.3%	0.94%
LLY	ELI LILLY & Co Healthcare	Reduced	227	-43	$208,787	−28.0%	0.80%
PHYS	Sprott Physical Gold Trust Financial Services	NEW	5,871	NEW	$208,068	NEW	0.80%
META	Meta Platforms, Inc. Communication Services	Reduced	354	-231	$202,534	−47.6%	0.78%