EWA, LLC

Registered adviser

CIK

1835252

Location

PITTSBURGH, PA

Portfolio Value

Small $546,690,518

Diversification

Moderately concentrated

Filing Date

Global Rank

#3,625 / 8,818 ▲ 304

Top Industry

Semiconductors 18.4%

Period ended 4 months ago

Filed Jul 14, 2026 · 4mo

14 quarters · since Mar 2023

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 308977

Roster of Oct 1, 2026

Regulatory AUM

$750,707,201

Main clients

Individuals and high net worth (100% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Mar 2026 to Oct 2026	$750,707,201	Individuals and high net worth (100%)
Dec 2025 to Feb 2026	$664,000,000	Individuals and high net worth (97%)
Mar 2025 to Sep 2025	$559,000,000	Individuals and high net worth (99%)
Apr 2024 to Feb 2025	$408,115,720	Individuals and high net worth (100%)
May 2023 to Mar 2024	$276,591,920	Individuals and high net worth (100%)
Mar 2023 to Apr 2023	$276,591,920	Individuals and high net worth (100%)

5 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 68.0% of the book (60%+)

Turnover

Medium turnover

35.0% over the last four quarters (30% to under 100%)

Horizon

Medium horizon

Value-weighted holding period 9.8 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 62.0%; sector active share 55.5% against the combined 13F book's sector weights.

Over time 14 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

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

Top Position

45.3%

+2.3 pts

Top 5

60.3%

+0.8 pts

Top 10

68.0%

−1.1 pts

HHI

2,151

Moderately concentrated+183

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	68.4%	$373,940,533	104
Technology	14.8%	$80,877,800	54
Financial Services	4.0%	$21,915,643	47
Communication Services	3.0%	$16,456,015	12
Consumer Cyclical	2.6%	$14,432,902	17
Industrials	2.3%	$12,489,950	33
Healthcare	2.0%	$11,056,177	28
Consumer Defensive	1.0%	$5,723,008	7
Energy	0.7%	$3,941,828	11
Basic Materials	0.5%	$2,580,999	6
Utilities	0.3%	$1,819,637	6
Real Estate	0.3%	$1,456,026	6

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
IUSB	iShares Core Universal USD Bond ETF	+42,695	317,507	$14,652,948
SHLD	Global X Defense Tech ETF	+40,671	170,302	$10,168,732
VUG	VANGUARD GROWTH INDEX FUND	+29,962	35,745	$3,079,074
IVV	iShares Core S&P 500 ETF	+25,209	108,794	$81,474,738
CGNG	Capital Group New Geography Equity ETF	+16,318	201,323	$7,541,559
IWF	iShares Russell 1000 Growth ETF	+11,326	15,099	$1,874,842
SGOV	iShares 0-3 Month Treasury Bond ETF	+9,170	20,438	$2,057,493
BINC		+7,669	48,364	$2,531,371
SCHF	Schwab International Equity ETF	+6,308	37,101	$1,027,697
SPMB	State Street(R) SPDR(R) Portfolio Mortgage Backed Bond ETF	+5,680	88,003	$1,963,346
TLH	iShares 10-20 Year Treasury Bond ETF	+5,229	70,327	$7,057,314
CORO		+4,736	21,453	$785,179
LMUB	iShares Long-Term National Muni Bond ETF	+4,519	14,277	$731,267
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	+4,253	4,797	$573,337
CVNA	Carvana Co.	+3,979	4,950	$325,809
T	At&T Inc.	+3,727	20,153	$417,167
KLAC	Kla Corp	+3,498	3,874	$1,168,824
AMZN	Amazon Com Inc	+3,458	29,379	$7,002,190
VEA	Vanguard FTSE Developed Markets ETF	+3,140	25,073	$1,786,451
KVUE	Kenvue Inc.	+3,089	13,864	$264,941
BKNG	Booking Holdings Inc.	+3,051	3,179	$566,624
LRGF	iShares U.S. Equity Factor ETF	+2,905	91,240	$6,900,481
ITOT	iShares Core S&P Total U.S. Stock Market ETF	+2,613	5,581	$916,790
IAU	Ishares Gold Trust	+2,609	23,505	$1,774,862
IJH	iShares Core S&P Mid-Cap ETF	+2,426	104,320	$8,044,115
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CGDV	Capital Group Dividend Value ETF	−82,084	112,208	$5,529,610
BAI	BlackRock ETF Trust	−43,363	186,666	$9,841,031
AVEM	Avantis Emerging Markets Equity ETF	−40,727	77,426	$7,470,834
DYNF	iShares U.S. Equity Factor Rotation Active ETF	−31,259	381,258	$25,929,356
SCHX	Schwab U.S. Large-Cap ETF	−21,815	77,976	$2,294,833
IVE	iShares S&P 500 Value ETF	−13,840	141,770	$32,190,296
HUYA	HUYA Inc.	−6,100	14,326	$32,949
NVDA	Nvidia Corp	−5,061	69,818	$13,969,883
HLN	Haleon plc	−4,057	14,110	$131,646
IEFA	iShares Core MSCI EAFE ETF	−3,237	82,610	$7,978,473
PLTR	Palantir Technologies Inc.	−3,185	5,671	$661,635
META	Meta Platforms, Inc.	−2,764	6,341	$3,571,821
DFVX	Dimensional US Large Cap Vector ETF	−2,675	8,148	$670,034
IVW	iShares S&P 500 Growth ETF	−2,288	278,926	$38,360,692
SOXX	iShares Semiconductor ETF	−2,228	11,015	$7,057,971
USMV	iShares MSCI USA Min Vol Factor ETF	−1,976	13,193	$1,272,596
MUFG	Mitsubishi Ufj Financial Group Inc	−1,747	64,047	$1,273,894
SMFG	Sumitomo Mitsui Financial Group, Inc.	−1,663	20,065	$473,132
TLSA	Tiziana Life Sciences Ltd	−1,256	44,692	$57,205
THRO		−836	17,069	$735,844
CRM	Salesforce, Inc.	−706	1,425	$223,240
HIMU		−679	4,312	$214,737
CGEN	Compugen Ltd	−654	59,393	$127,101
ORCL	Oracle Corp	−554	5,103	$747,844
ICVT	iShares Convertible Bond ETF	−549	7,115	$866,180
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
IALT		88,911	$2,493,953
FV	First Trust Dorsey Wright Focus 5 ETF	17,999	$1,365,764
SNDK	Sandisk Corp	447	$1,016,357
PDP	Victory Portfolios II	5,706	$865,771
FVC	First Trust Dorsey Wright Dynamic Focus 5 ETF	14,255	$624,340
IFV	First Trust Dorsey Wright International Focus 5 ETF	23,181	$624,333
SPLV	Invesco S&P 500 Low Volatility ETF	8,157	$610,959
INHD	Inno Holdings Inc.	14,983	$591,679
RFDI	First Trust Exchange-Traded Fund III	5,612	$488,698
AJG	Arthur J. Gallagher & Co.	2,058	$472,455
GLW	Corning Inc	1,726	$440,872
ABT	Abbott Laboratories	4,847	$439,816
CRWD	CrowdStrike Holdings, Inc.	569	$434,226
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	7,242	$432,274
WDC	Western Digital Corp	641	$409,419
JEPI	JPMorgan Equity Premium Income ETF	7,199	$406,599
AGG	iShares Core U.S. Aggregate Bond ETF	3,999	$395,821
TSCO	Tractor Supply Co	12,343	$390,162
PIE	Invesco Ltd.	9,405	$314,127
DALI	First Trust Dorsey Wright DALI Equity ETF	10,529	$313,290
PIZ	Invesco Ltd.	5,536	$309,462
—		1,804	$298,345
TRLV	Trulieve Cannabis Corp.	30,243	$297,288
CVS	CVS HEALTH Corp	2,796	$289,246
COP	Conocophillips	2,778	$288,800
No positions match the current search.

Sold Out

Positions the filer fully exited

20 positions

Ticker	Company	Shares	Value
VCRB	VANGUARD CORE BOND ETF	4,617	$357,263
ICE	Intercontinental Exchange, Inc.	1,872	$294,428
HON	Honeywell International Inc	1,290	$291,578
CME	Cme Group Inc.	837	$247,207
TMO	Thermo Fisher Scientific Inc.	474	$232,985
LOW	Lowes Companies Inc	914	$215,959
CACI	Caci International Inc	395	$214,828
SYK	Stryker Corp	653	$214,569
UBER	Uber Technologies, Inc	2,978	$214,207
EXC	Exelon Corp	4,254	$208,531
AU	AngloGold Ashanti PLC	2,116	$206,013
BMY	Bristol Myers Squibb Co	3,392	$205,724
VONV	VANGUARD RUSSELL 1000 VALUE INDEX FUND	2,182	$204,540
LRN	Stride, Inc.	2,315	$204,113
E	Eni Spa	3,573	$202,267
EFA	iShares MSCI EAFE ETF	2,074	$201,447
SAP	Sap SE	1,173	$200,829
RDY	Dr Reddys Laboratories Ltd	10,251	$141,976
SAN	Banco Santander, S.A.	10,014	$112,957
JFIN	Jiayin Group Inc.	10,764	$45,101
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

331 tracked positions · $546,690,518 total · filing declares 332 positions · $548,091,890 · 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 331 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
IVV	iShares Core S&P 500 ETF	Added	108,794	+25,209	$81,474,738	+49.2%	14	before history	14.90%
IVW	iShares S&P 500 Growth ETF	Reduced	278,926	-2,288	$38,360,692	+20.6%	10	unpriced	7.02%
IVE	iShares S&P 500 Value ETF	Reduced	141,770	-13,840	$32,190,296	−2.0%	10	unpriced	5.89%
DYNF	iShares U.S. Equity Factor Rotation Active ETF	Reduced	381,258	-31,259	$25,929,356	+8.0%	2	$60.54	4.74%
IEMG	iShares Trust	Added	273,254	+2,040	$22,636,361	—	14	before history	4.14%
AAPL	Apple Inc. Technology	Added	53,244	+1,369	$15,406,683	+17.0%	14	before history	2.82%
IUSB	iShares Core Universal USD Bond ETF	Added	317,507	+42,695	$14,652,948	+15.4%	10	unpriced	2.68%
NVDA	Nvidia Corp Technology	Reduced	69,818	-5,061	$13,969,883	+7.0%	14	before history	2.56%
SHLD	Global X Defense Tech ETF	Added	170,302	+40,671	$10,168,732	+10.7%	4	unpriced	1.86%
BAI	BlackRock ETF Trust	Reduced	186,666	-43,363	$9,841,031	+29.8%	5	$25.35	1.80%
IJH	iShares Core S&P Mid-Cap ETF	Added	104,320	+2,426	$8,044,115	+16.9%	14	before history	1.47%
IEFA	iShares Core MSCI EAFE ETF	Reduced	82,610	-3,237	$7,978,473	+2.7%	14	before history	1.46%
CGNG	Capital Group New Geography Equity ETF	Added	201,323	+16,318	$7,541,559	+29.1%	2	$33.38	1.38%
AVEM	Avantis Emerging Markets Equity ETF	Reduced	77,426	-40,727	$7,470,834	−21.5%	2	$83.04	1.37%
SOXX	iShares Semiconductor ETF	Reduced	11,015	-2,228	$7,057,971	+62.2%	11	unpriced	1.29%
TLH	iShares 10-20 Year Treasury Bond ETF	Added	70,327	+5,229	$7,057,314	+7.6%	11	unpriced	1.29%
AMZN	Amazon Com Inc Consumer Cyclical	Added	29,379	+3,458	$7,002,190	+29.7%	14	before history	1.28%
LRGF	iShares U.S. Equity Factor ETF	Added	91,240	+2,905	$6,900,481	+18.4%	10	unpriced	1.26%
GOOG	Alphabet Inc. Communication Services	Added	17,111	+1,497	$6,045,829	+35.0%	14	before history	1.11%
MU	Micron Technology Inc Technology	Added	4,945	+821	$5,707,964	+309.7%	11	$238.08	1.04%
CGDV	Capital Group Dividend Value ETF	Reduced	112,208	-82,084	$5,529,610	−33.1%	2	$44.43	1.01%
MSFT	Microsoft Corp Technology	Added	14,118	+246	$5,266,296	+2.6%	14	before history	0.96%
SPY	Spdr S&P 500 ETF Trust	Added	6,243	+26	$4,662,085	+15.3%	14	before history	0.85%
VOO	VANGUARD 500 INDEX FUND	Added	6,788	+65	$4,662,066	+16.0%	14	before history	0.85%
AVGO	Broadcom Inc. Technology	Added	11,456	+1,132	$4,327,504	+35.4%	13	unpriced	0.79%
GOOGL	Alphabet Inc. Communication Services	Added	11,309	+1,070	$4,041,497	+37.3%	14	before history	0.74%
IJR	iShares Core S&P Small-Cap ETF	Added	27,107	+66	$4,020,239	+19.6%	11	unpriced	0.74%
CSCO	Cisco Systems, Inc. Technology	Added	33,160	+607	$3,894,973	+54.2%	8	$61.07	0.71%
IYW	iShares, Inc.	Added	14,579	+346	$3,677,261	+42.4%	13	$149.92	0.67%
META	Meta Platforms, Inc. Communication Services	Reduced	6,341	-2,764	$3,571,821	−31.4%	14	before history	0.65%
LLY	ELI LILLY & Co Healthcare	Added	2,662	+490	$3,192,882	+59.8%	14	before history	0.58%
VUG	VANGUARD GROWTH INDEX FUND	Added	35,745	+29,962	$3,079,074	+21.9%	14	before history	0.56%
TSLA	Tesla, Inc. Consumer Cyclical	Added	7,290	+330	$3,066,174	+18.5%	13	$281.91	0.56%
AMD	Advanced Micro Devices Inc Technology	Added	4,385	+312	$2,547,290	+207.4%	12	$171.27	0.47%
VT	VANGUARD TOTAL WORLD STOCK INDEX FUND	Added	16,202	+40	$2,542,903	+13.7%	14	before history	0.47%
BINC		Added	48,364	+7,669	$2,531,371	+19.8%	8	$52.72	0.46%
IALT		NEW	88,911	NEW	$2,493,953	NEW	1	$28.05	0.46%
SCHX	Schwab U.S. Large-Cap ETF	Reduced	77,976	-21,815	$2,294,833	−10.3%	8	unpriced	0.42%
JPM	Jpmorgan Chase & Co Financial Services	Added	6,910	+722	$2,261,850	+24.3%	14	before history	0.41%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	4,224	+146	$2,113,647	+8.2%	14	before history	0.39%
SGOV	iShares 0-3 Month Treasury Bond ETF	Added	20,438	+9,170	$2,057,493	+81.4%	2	unpriced	0.38%
SPMB	State Street(R) SPDR(R) Portfolio Mortgage Backed Bond ETF	Added	88,003	+5,680	$1,963,346	+6.5%	8	$22.25	0.36%
IWF	iShares Russell 1000 Growth ETF	Added	15,099	+11,326	$1,874,842	+16.5%	14	before history	0.34%
LRCX	Lam Research Corp Technology	Added	4,146	+250	$1,796,586	+115.8%	5	$116.40	0.33%
VEA	Vanguard FTSE Developed Markets ETF	Added	25,073	+3,140	$1,786,451	+27.1%	4	$62.00	0.33%
IAU	Ishares Gold Trust	Added	23,505	+2,609	$1,774,862	−3.7%	8	$57.91	0.32%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	1,836	-4	$1,717,522	−6.3%	14	before history	0.31%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Added	4,637	+1,094	$1,715,875	+51.0%	14	before history	0.31%
MUB	iShares National Muni Bond ETF	Added	15,824	+366	$1,702,978	+3.8%	11	unpriced	0.31%
CLS	Celestica Inc Technology	Reduced	4,613	-77	$1,682,822	+27.4%	11	$27.00	0.31%

Showing the top 50 of 331 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.