FWL INVESTMENT MANAGEMENT, LLC

CIK

1829231

Location

Dallas, TX

Portfolio Value

Small $429,548,454

Diversification

Diversified

Filing Date

Global Rank

#3,038 / 8,517 ▲ 170

Top Industry

Semiconductors 18.9%

3Y Alpha vs SPY

+8.8%

Period ended 46 days ago

Filed Aug 14, 2026 · 1d

23 quarters · since Dec 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+116.8%

SPY

+75.3%

Annualised alpha

+8.8%

Max drawdown

−17.7%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

340 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

7.5%

−0.0 pts

Top 5

32.2%

+0.9 pts

Top 10

52.7%

−0.3 pts

HHI

366

Diversified−12

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	27.3%	$117,088,522	64
Energy	16.8%	$71,992,895	26
Unclassified	12.1%	$51,904,608	14
Industrials	9.1%	$38,989,843	54
Financial Services	7.1%	$30,559,929	50
Communication Services	6.8%	$29,046,625	9
Healthcare	6.3%	$27,235,157	33
Utilities	4.7%	$20,384,572	20
Consumer Cyclical	4.4%	$18,775,253	28
Real Estate	3.1%	$13,127,653	13
Consumer Defensive	1.9%	$8,334,798	15
Basic Materials	0.5%	$2,108,599	14

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AGNC	AGNC Investment Corp.	+164,299	1,086,876	$11,846,948
SLV	iShares Silver Trust	+100,742	112,391	$6,009,546
APTV	Aptiv PLC	+41,244	92,346	$5,668,197
JCI	Johnson Controls International plc	+39,146	48,526	$7,090,133
CVX	Chevron Corp	+20,302	32,928	$5,458,145
IREN	IREN Ltd	+17,467	179,936	$8,228,473
CDNS	Cadence Design Systems Inc	+17,160	17,251	$6,474,645
NLY	Annaly Capital Management Inc	+16,964	49,794	$1,113,393
QCOM	Qualcomm Inc/De	+15,230	60,707	$11,218,046
LLY	ELI LILLY & Co	+14,575	15,864	$19,027,759
CCJ	Cameco Corp	+12,951	142,602	$14,525,439
NVDA	Nvidia Corp	+12,763	127,674	$25,546,290
BIL	State Street SPDR Bloomberg 1-3 Month T-Bill ETF	+12,663	283,610	$25,990,020
LNG	Cheniere Energy, Inc.	+10,273	107,188	$25,619,003
VST	Vistra Corp.	+7,781	7,994	$1,268,088
WMB	Williams Companies, Inc.	+5,373	266,950	$19,845,063
ETR	Entergy Corp /De/	+4,976	146,976	$16,881,663
MP	MP Materials Corp. / DE	+3,245	3,655	$204,716
LSTR	Landstar System Inc	+3,168	85,567	$17,696,111
GOOGL	Alphabet Inc.	+2,881	81,201	$28,720,753
MRVL	Marvell Technology, Inc.	+2,860	4,542	$1,353,016
NVT	nVent Electric plc	+2,669	44,938	$7,621,934
ORCL	Oracle Corp	+1,625	1,723	$252,505
GS	Goldman Sachs Group Inc	+1,529	3,609	$3,650,034
TSLA	Tesla, Inc.	+1,493	12,817	$5,390,830
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
IBN	Icici Bank Ltd	−395,280	2,153	$62,501
MDT	Medtronic plc	−173,774	32,316	$2,528,080
KTOS	Kratos Defense & Security Solutions, Inc.	−19,960	47,737	$2,380,166
MU	Micron Technology Inc	−14,815	27,995	$32,314,348
URI	United Rentals, Inc.	−9,907	19	$21,524
MSFT	Microsoft Corp	−8,878	28,144	$10,498,274
CACI	Caci International Inc /De/	−8,572	14,505	$6,719,586
CRCL	Circle Internet Group, Inc.	−4,376	47,687	$2,986,636
AGI	Alamos Gold Inc	−4,180	12,507	$379,462
SCHW	Schwab Charles Corp	−2,952	17,504	$1,615,094
DGX	Quest Diagnostics Inc	−2,583	17	$3,603
WMT	Walmart Inc.	−1,331	31,650	$3,584,679
IAU	Ishares Gold Trust	−1,250	17,840	$1,347,098
MRK	Merck & Co., Inc.	−633	866	$111,281
WTW	Willis Towers Watson PLC	−565	1,480	$386,827
GEHC	GE HealthCare Technologies Inc.	−535	488	$31,236
SE	Sea Ltd	−529	70	$6,708
PG	PROCTER & GAMBLE Co	−517	1,883	$276,123
BRK-B	Berkshire Hathaway Inc	−502	7,572	$3,788,953
AAPL	Apple Inc.	−391	23,948	$6,929,593
JPM	Jpmorgan Chase & Co	−335	15,042	$4,923,697
FOXA	Fox Corp	−327	43	$2,242
APD	Air Products & Chemicals, Inc.	−306	4,568	$1,339,246
BBVA	Banco Bilbao Vizcaya Argentaria, S.A.	−302	141	$3,533
GD	General Dynamics Corp	−212	5,212	$1,846,298
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
ENTG	Entegris Inc	55,850	$10,045,181
FANG	Diamondback Energy, Inc.	31,851	$5,598,768
MGM	MGM Resorts International	9,338	$446,449
TLN	Talen Energy Corp	873	$335,458
TRGP	Targa Resources Corp.	767	$205,663
COR	Cencora, Inc.	420	$118,851
CAT	Caterpillar Inc	98	$104,360
WPM	Wheaton Precious Metals Corp.	774	$86,935
CSQ	Calamos Strategic Total Return Fund	3,550	$72,988
ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	1,936	$70,973
CB	Chubb Ltd	205	$69,851
RSG	Republic Services, Inc.	325	$69,251
VLO	Valero Energy Corp/Tx	254	$66,151
MS	Morgan Stanley	237	$49,542
ENPH	Enphase Energy, Inc.	850	$41,854
DASH	DoorDash, Inc.	225	$41,519
CVS	CVS HEALTH Corp	230	$23,793
WDC	Western Digital Corp	37	$23,632
VVR	Invesco Senior Income Trust	7,000	$21,000
FN	Fabrinet	35	$19,672
RPRX	Royalty Pharma plc	333	$18,671
TXN	Texas Instruments Inc	60	$17,884
CBOE	Cboe Global Markets, Inc.	73	$17,714
BAC	Bank Of America Corp /De/	281	$16,011
HAL	Halliburton Co	466	$15,820
No positions match the current search.

Sold Out

Positions the filer fully exited

22 positions

Ticker	Company	Shares	Value
DE	Deere & Co	1,224	$689,479
PSLV	Sprott Physical Silver Trust	6,000	$146,340
ISRG	Intuitive Surgical Inc	95	$43,794
TRMB	Trimble Inc.	400	$26,092
COIN	Coinbase Global, Inc.	144	$25,143
EOG	Eog Resources Inc	150	$21,685
ACGL	Arch Capital Group Ltd.	156	$14,974
JXN	Jackson Financial Inc.	76	$8,034
SBS	Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp	248	$7,566
EG	Everest Group, Ltd.	21	$6,863
POWL	Powell Industries Inc	12	$6,492
NXST	Nexstar Media Group, Inc.	24	$4,339
LH	Labcorp Holdings Inc.	16	$4,268
CNX	CNX Resources Corp	106	$4,086
EXEL	Exelixis, Inc.	92	$3,945
OGE	Oge Energy Corp.	79	$3,788
MATX	Matson, Inc.	22	$3,606
PPC	Pilgrims Pride Corp	88	$3,322
PRDO	PERDOCEO EDUCATION Corp	87	$3,237
ESNT	Essent Group Ltd.	42	$2,454
NATL	NCR Atleos Corp	35	$1,525
VOD	Vodafone Group Public Ltd Co	33	$495
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

340 tracked positions · $429,548,454 total · filing declares 501 positions · $544,707,577 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 340 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MU	Micron Technology Inc Technology	Reduced	27,995	-14,815	$32,314,348	+123.4%	7.52%
GOOGL	Alphabet Inc. Communication Services	Added	81,201	+2,881	$28,720,753	+27.8%	6.69%
BIL	State Street SPDR Bloomberg 1-3 Month T-Bill ETF	Added	283,610	+12,663	$25,990,020	+4.7%	6.05%
LNG	Cheniere Energy, Inc. Energy	Added	107,188	+10,273	$25,619,003	−6.8%	5.96%
NVDA	Nvidia Corp Technology	Added	127,674	+12,763	$25,546,290	+27.5%	5.95%
WMB	Williams Companies, Inc. Energy	Added	266,950	+5,373	$19,845,063	+4.2%	4.62%
LLY	ELI LILLY & Co Healthcare	Added	15,864	+14,575	$19,027,759	+1504.9%	4.43%
LSTR	Landstar System Inc Industrials	Added	85,567	+3,168	$17,696,111	+34.0%	4.12%
ETR	Entergy Corp /De/ Utilities	Added	146,976	+4,976	$16,881,663	+5.8%	3.93%
GLD	Spdr Gold Trust	Added	39,722	+401	$14,632,790	−13.5%	3.41%
CCJ	Cameco Corp Energy	Added	142,602	+12,951	$14,525,439	+3.2%	3.38%
AGNC	AGNC Investment Corp. Real Estate	Added	1,086,876	+164,299	$11,846,948	+28.0%	2.76%
QCOM	Qualcomm Inc/De Technology	Added	60,707	+15,230	$11,218,046	+91.5%	2.61%
MSFT	Microsoft Corp Technology	Reduced	28,144	-8,878	$10,498,274	−23.4%	2.44%
ENTG	Entegris Inc Technology	NEW	55,850	NEW	$10,045,181	NEW	2.34%
IREN	IREN Ltd Financial Services	Added	179,936	+17,467	$8,228,473	+47.7%	1.92%
NVT	nVent Electric plc Industrials	Added	44,938	+2,669	$7,621,934	+52.5%	1.77%
JCI	Johnson Controls International plc Industrials	Added	48,526	+39,146	$7,090,133	+477.2%	1.65%
AAPL	Apple Inc. Technology	Reduced	23,948	-391	$6,929,593	+12.2%	1.61%
CACI	Caci International Inc /De/ Technology	Reduced	14,505	-8,572	$6,719,586	−46.5%	1.56%
CDNS	Cadence Design Systems Inc Technology	Added	17,251	+17,160	$6,474,645	+25505.7%	1.51%
SLV	iShares Silver Trust	Added	112,391	+100,742	$6,009,546	+657.1%	1.40%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	24,617	-52	$5,867,215	+14.2%	1.37%
APTV	Aptiv PLC Consumer Cyclical	Added	92,346	+41,244	$5,668,197	+59.7%	1.32%
FANG	Diamondback Energy, Inc. Energy	NEW	31,851	NEW	$5,598,768	NEW	1.30%
CVX	Chevron Corp Energy	Added	32,928	+20,302	$5,458,145	+108.9%	1.27%
TSLA	Tesla, Inc. Consumer Cyclical	Added	12,817	+1,493	$5,390,830	+28.1%	1.25%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	15,042	-335	$4,923,697	+8.9%	1.15%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	7,572	-502	$3,788,953	−2.1%	0.88%
GS	Goldman Sachs Group Inc Financial Services	Added	3,609	+1,529	$3,650,034	+107.4%	0.85%
WMT	Walmart Inc. Consumer Defensive	Reduced	31,650	-1,331	$3,584,679	−12.5%	0.83%
QQQ	Invesco Qqq Trust, Series 1	Reduced	4,292	-47	$3,160,628	+26.2%	0.74%
CRCL	Circle Internet Group, Inc. Financial Services	Reduced	47,687	-4,376	$2,986,636	−39.9%	0.70%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	2,893	-99	$2,706,314	−9.2%	0.63%
MDT	Medtronic plc Healthcare	Reduced	32,316	-173,774	$2,528,080	−85.8%	0.59%
V	Visa Inc. Financial Services	Reduced	7,237	-176	$2,482,942	+10.8%	0.58%
KTOS	Kratos Defense & Security Solutions, Inc. Industrials	Reduced	47,737	-19,960	$2,380,166	−50.1%	0.55%
PLTR	Palantir Technologies Inc. Technology	Added	18,808	+747	$2,194,329	−16.9%	0.51%
GD	General Dynamics Corp Industrials	Reduced	5,212	-212	$1,846,298	−0.8%	0.43%
SCHW	Schwab Charles Corp Financial Services	Reduced	17,504	-2,952	$1,615,094	−16.0%	0.38%
AMGN	Amgen Inc Healthcare	Reduced	4,439	-144	$1,607,450	−0.3%	0.37%
MRVL	Marvell Technology, Inc. Technology	Added	4,542	+2,860	$1,353,016	+712.1%	0.31%
IAU	Ishares Gold Trust	Reduced	17,840	-1,250	$1,347,098	−20.0%	0.31%
APD	Air Products & Chemicals, Inc. Basic Materials	Reduced	4,568	-306	$1,339,246	−5.4%	0.31%
ABBV	AbbVie Inc. Healthcare	Added	5,047	+182	$1,270,027	+20.0%	0.30%
VST	Vistra Corp. Utilities	Added	7,994	+7,781	$1,268,088	+3860.3%	0.30%
NLY	Annaly Capital Management Inc Real Estate	Added	49,794	+16,964	$1,113,393	+60.3%	0.26%
AZN	Astrazeneca PLC Healthcare	Added	4,601	+95	$872,441	−1.8%	0.20%
PM	Philip Morris International Inc. Consumer Defensive	Added	4,717	+27	$853,352	+10.0%	0.20%
AEP	American Electric Power Co Inc Utilities	Added	6,005	+5	$821,544	+4.5%	0.19%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.