NWM ADVISORS, LLC Concentrated Active

CIK: 0002098824 · Show all filings

Period: Q4 2025

Filing Date: Feb 4, 2026

Total Value ($000): $114,933 (100.0% shares, 0.0% debt)

Holdings (25)

VOO VANGUARD INDEX FDS 27.8%

Value ($000) $31,896 Shares 50,860 Est. Cost $627.13 Unrealized —

IVOO VANGUARD ADMIRAL FDS INC 11.0%

Value ($000) $12,624 Shares 112,919 Est. Cost $111.80 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 8.6%

Value ($000) $9,832 Shares 19,561 Est. Cost $497.53 Unrealized 0.0%

INVN THE ALGER ETF TRUST 4.8%

Value ($000) $5,564 Shares 257,071 Est. Cost $21.64 Unrealized —

AAPL APPLE INC 4.5%

Value ($000) $5,176 Shares 19,040 Est. Cost $268.34 Unrealized 0.0%

SCHA SCHWAB STRATEGIC TR 4.5%

Value ($000) $5,176 Shares 181,744 Est. Cost $28.48 Unrealized —

JPM JPMORGAN CHASE & CO. 4.4%

Value ($000) $5,062 Shares 15,710 Est. Cost $309.53 Unrealized 0.0%

QTEC FIRST TR EXCHANGE-TRADED FD 4.1%

Value ($000) $4,715 Shares 20,481 Est. Cost $230.22 Unrealized —

NVDA NVIDIA CORPORATION 4.1%

Value ($000) $4,671 Shares 25,048 Est. Cost $186.13 Unrealized 0.0%

V VISA INC 4.0%

Value ($000) $4,563 Shares 13,011 Est. Cost $340.38 Unrealized 0.0%

MSFT MICROSOFT CORP 3.9%

Value ($000) $4,483 Shares 9,270 Est. Cost $500.58 Unrealized 0.0%

UBER UBER TECHNOLOGIES INC 2.5%

Value ($000) $2,886 Shares 35,318 Est. Cost $90.05 Unrealized 0.0%

VGT VANGUARD WORLD FD 2.4%

Value ($000) $2,772 Shares 3,677 Est. Cost $753.78 Unrealized —

VO VANGUARD INDEX FDS 2.4%

Value ($000) $2,745 Shares 9,458 Est. Cost $290.23 Unrealized —

ALAI THE ALGER ETF TRUST 2.2%

Value ($000) $2,572 Shares 71,219 Est. Cost $36.11 Unrealized —

SPY SPDR S&P 500 ETF TR 2.1%

Value ($000) $2,418 Shares 3,546 Est. Cost $681.92 Unrealized —

VCRM VANGUARD MUN BD FDS 2.0%

Value ($000) $2,320 Shares 30,695 Est. Cost $75.57 Unrealized —

UPS UNITED PARCEL SERVICE INC 1.5%

Value ($000) $1,721 Shares 17,352 Est. Cost $92.75 Unrealized 0.0%

PLTR PALANTIR TECHNOLOGIES INC 1.0%

Value ($000) $1,141 Shares 6,420 Est. Cost $181.03 Unrealized 0.0%

CWBC COMMUNITY WEST BANCSHARES NE 0.6%

Value ($000) $730 Shares 32,430 Est. Cost $21.76 Unrealized 0.0%

FDL FIRST TR EXCHANGE-TRADED FD 0.4%

Value ($000) $478 Shares 10,777 Est. Cost $44.34 Unrealized —

XLE SELECT SECTOR SPDR TR 0.4%

Value ($000) $470 Shares 10,502 Est. Cost $44.71 Unrealized —

COST COSTCO WHSL CORP NEW 0.4%

Value ($000) $456 Shares 529 Est. Cost $905.73 Unrealized 0.0%

NOBL PROSHARES TR 0.2%

Value ($000) $233 Shares 2,236 Est. Cost $104.07 Unrealized —

CAT CATERPILLAR INC 0.2%

Value ($000) $230 Shares 401 Est. Cost $555.50 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VOO	VANGUARD INDEX FDS	50,860	$31,896	27.8%	$627.13	—	S&P 500 ETF SHS	922908363
IVOO	VANGUARD ADMIRAL FDS INC	112,919	$12,624	11.0%	$111.80	—	MIDCP 400 IDX	921932885
BRK/B	BERKSHIRE HATHAWAY INC DEL	19,561	$9,832	8.6%	$497.53	0.0%	CL B NEW	084670702
INVN	THE ALGER ETF TRUST	257,071	$5,564	4.8%	$21.64	—	RUSSELL INNOVATI	015564602
AAPL	APPLE INC	19,040	$5,176	4.5%	$268.34	0.0%	COM	037833100
SCHA	SCHWAB STRATEGIC TR	181,744	$5,176	4.5%	$28.48	—	US SML CAP ETF	808524607
JPM	JPMORGAN CHASE & CO.	15,710	$5,062	4.4%	$309.53	0.0%	COM	46625H100
QTEC	FIRST TR EXCHANGE-TRADED FD	20,481	$4,715	4.1%	$230.22	—	SHS	337345102
NVDA	NVIDIA CORPORATION	25,048	$4,671	4.1%	$186.13	0.0%	COM	67066G104
V	VISA INC	13,011	$4,563	4.0%	$340.38	0.0%	COM CL A	92826C839
MSFT	MICROSOFT CORP	9,270	$4,483	3.9%	$500.58	0.0%	COM	594918104
UBER	UBER TECHNOLOGIES INC	35,318	$2,886	2.5%	$90.05	0.0%	COM	90353T100
VGT	VANGUARD WORLD FD	3,677	$2,772	2.4%	$753.78	—	INF TECH ETF	92204A702
VO	VANGUARD INDEX FDS	9,458	$2,745	2.4%	$290.23	—	MID CAP ETF	922908629
ALAI	THE ALGER ETF TRUST	71,219	$2,572	2.2%	$36.11	—	AI ENABLERS ADOP	015564503
SPY	SPDR S&P 500 ETF TR	3,546	$2,418	2.1%	$681.92	—	TR UNIT	78462F103
VCRM	VANGUARD MUN BD FDS	30,695	$2,320	2.0%	$75.57	—	CORE TAX EXEMPT	922907712
UPS	UNITED PARCEL SERVICE INC	17,352	$1,721	1.5%	$92.75	0.0%	CL B	911312106
PLTR	PALANTIR TECHNOLOGIES INC	6,420	$1,141	1.0%	$181.03	0.0%	CL A	69608A108
CWBC	COMMUNITY WEST BANCSHARES NE	32,430	$730	0.6%	$21.76	0.0%	COM	203937107
FDL	FIRST TR EXCHANGE-TRADED FD	10,777	$478	0.4%	$44.34	—	SHS	336917109
XLE	SELECT SECTOR SPDR TR	10,502	$470	0.4%	$44.71	—	STATE STREET ENE	81369Y506
COST	COSTCO WHSL CORP NEW	529	$456	0.4%	$905.73	0.0%	COM	22160K105
NOBL	PROSHARES TR	2,236	$233	0.2%	$104.07	—	S&P 500 DV ARIST	74348A467
CAT	CATERPILLAR INC	401	$230	0.2%	$555.50	0.0%	COM	149123101