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CWM, LLC

SEC CIK
0001535847
Latest filing
May 14, 2026

Holdings in Q4 2022

Holdings as of Dec 31, 2022, filed Feb 1, 2023. Long positions only; changes compare share counts with Q3 2022.

Institution overview
Positions
4,212
+107 vs. Q3 2022
Portfolio value
$13.6B
+$985.4M (+7.8%) vs. Q3 2022
Filed
Feb 1, 2023
SEC
Holdings of CWM, LLC in Q4 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
iShares Core S&P 500 ETF464287200ETF2,883,621$1.11B8.2%−90,813−3.1%Reduced–
iShares Tr46434V613CORE UNIVRSL USD17,405,994$782.1M5.8%+2,645,763+17.9%Added–
iShares Tr46435G425ESG AWR MSCI USA7,140,528$605.2M4.5%−1,706,766−19.3%Reduced–
iShares U.S. Treasury Bond ETF46429B267ETF13,782,634$313.1M2.3%−13,108,262−48.7%Reduced–
iShares MSCI USA Momentum Factor ETF46432F396ETF1,786,845$260.8M1.9%+522,103+41.3%Added–
iShares Tr464288877EAFE VALUE ETF5,438,533$249.5M1.8%−332,944−5.8%Reduced–
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833ETF2,489,089$245.5M1.8%−216,392−8.0%Reduced–
iShares Core MSCI Eafe ETF46432F842ETF3,834,835$236.4M1.7%−168,648−4.2%Reduced–
iShares MSCI USA Quality Factor ETF46432F339ETF2,025,366$230.8M1.7%−118,922−5.5%Reduced–
iShares Inc464286533MSCI EMERG MRKT4,056,316$215.2M1.6%+329,158+8.8%Added–
iShares MSCI USA Min Vol Factor ETF46429B697ETF2,903,690$209.4M1.5%−91,409−3.1%Reduced–
iShares Tr464288588MBS ETF2,166,819$201.0M1.5%+1,669,965+336.1%Added–
AAPLApple Inc.Stock1,261,426$163.9M1.2%+29,106+2.4%AddedHistory
Schwab US Dividend Equity ETF808524797ETF1,892,842$143.0M1.1%+383,315+25.4%Added–
MSFTMicrosoft CorpStock581,372$139.4M1.0%+6,599+1.1%AddedHistory
PIMCO ETF Tr72201R718ENHNCD LW DUR AC1,443,795$136.1M1.0%−164,950−10.3%Reduced–
iShares Tr46428865310-20 YR TRS ETF1,179,641$127.6M0.9%+563,793+91.5%Added–
State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663ETF1,369,561$125.3M0.9%+1,368,668+153,266.3%Added–
iShares Tr464287721U.S. TECH ETF1,628,624$121.3M0.9%+1,609,436+8,387.7%Added–
iShares Tr46434V4070-5YR HI YL CP2,959,771$121.0M0.9%+2,856,036+2,753.2%Added–
iShares Tr464288885EAFE GRWTH ETF1,439,953$120.6M0.9%+7,685+0.5%Added–
Invesco QQQ Trust Series I46090E103ETF407,454$108.5M0.8%−15,218−3.6%Reduced–
PIMCO Active Bond Exchange-Traded Fund72201R775ETF1,180,196$106.8M0.8%−15,396−1.3%Reduced–
iShares Core Dividend Growth ETF46434V621ETF2,085,992$104.3M0.8%+459,693+28.3%Added–
iShares Tr46434V290US SML CAP EQT1,944,451$96.6M0.7%−27,244−1.4%Reduced–
SPYSPDR S&P 500 ETF TrustETF251,461$96.2M0.7%+23,865+10.5%AddedHistory
iShares Tr46432F388MSCI USA VALUE1,054,735$96.1M0.7%−25,523−2.4%Reduced–
State Street SPDR Portfolio Aggregate Bond ETF78464A649ETF3,501,828$88.0M0.6%+829,787+31.1%Added–
iShares Core S&P Small Cap ETF464287804ETF926,838$87.7M0.6%−67,483−6.8%Reduced–
iShares Tr46435G102CONV BD ETF1,223,208$85.0M0.6%−48,941−3.8%Reduced–
iShares S&P 500 Value ETF464287408ETF574,091$83.3M0.6%−11,293−1.9%Reduced–
WisdomTree Tr97717W208US HIGH DIVIDEND958,414$82.5M0.6%−4,966−0.5%Reduced–
iShares Core S&P US Value ETF464287663ETF1,084,795$76.6M0.6%+258,658+31.3%Added–
iShares S&P 500 Growth ETF464287309ETF1,302,409$76.2M0.6%+13,786+1.1%Added–
SPDR Series Trust78464A805ST STR PR SP15001,554,360$73.5M0.5%+356,781+29.8%Added–
Schwab U.S. Large-Cap Growth ETF808524300ETF1,300,144$72.2M0.5%−82,716−6.0%Reduced–
BRK.BBerkshire Hathaway IncStock232,612$71.9M0.5%−138−0.1%ReducedHistory
iShares Tr46434V274INTL EQTY FACTOR2,868,185$70.6M0.5%−91,957−3.1%Reduced–
iShares Tr46435G219INVT GRAD SY ETF1,607,636$69.6M0.5%−133,310−7.7%Reduced–
Vanguard Morningstar Growth ETF922908736ETF315,369$67.2M0.5%−28,301−8.2%Reduced–
Vanguard Morningstar Value ETF922908744ETF471,192$66.1M0.5%+103,972+28.3%Added–
LLYEli Lilly & CoStock178,654$65.4M0.5%−19,943−10.0%ReducedHistory
State Street SPDR Portfolio S&P 500 ETF78464A854ETF1,446,756$65.1M0.5%−159,992−10.0%Reduced–
AMZNAmazon Com IncStock758,141$63.7M0.5%−23,578−3.0%ReducedHistory
Vanguard Total Bond Market ETF921937835ETF877,620$63.0M0.5%−28,765−3.2%Reduced–
PIMCO ETF Tr72201R874SHTRM MUN BD ACT1,240,685$61.2M0.5%−250,229−16.8%Reduced–
iShares Core U.S. Aggregate Bond ETF464287226ETF609,696$59.1M0.4%−62,630−9.3%Reduced–
PIMCO ETF Tr72201R866INTER MUN BD ACT1,116,957$57.4M0.4%−152,134−12.0%Reduced–
MRKMerck & Co., Inc.Stock511,126$56.7M0.4%+14,074+2.8%AddedHistory
iShares Tr46435U853BROAD USD HIGH1,593,110$55.0M0.4%+28,462+1.8%Added–
WisdomTree Tr97717X172US HGH YLD CORP1,247,915$54.8M0.4%+19,466+1.6%Added–
PGProcter & Gamble CoStock352,309$53.4M0.4%+31,142+9.7%AddedHistory
Strategy Shs86280R803DAY HAGAN SMART1,705,671$52.0M0.4%−444,956−20.7%Reduced–
JNJJohnson & JohnsonStock281,929$49.8M0.4%+29,465+11.7%AddedHistory
PFEPfizer IncStock956,972$49.0M0.4%+70,487+8.0%AddedHistory
State Street SPDR Portfolio Developed World Ex-US ETF78463X889ETF1,629,690$48.4M0.4%+844,112+107.5%Added–
SPDR Series Trust78468R101ST SHO TREAS ETF1,665,229$48.1M0.4%−169,629−9.2%Reduced–
Global X FDS37954Y483NASDAQ 100 COVER2,937,016$46.7M0.3%−108,689−3.6%Reduced–
GILDGilead Sciences, Inc.Stock511,206$43.9M0.3%+4,852+1.0%AddedHistory
ORCLOracle CorpStock532,092$43.5M0.3%+28,690+5.7%AddedHistory
CSCOCisco Systems, Inc.Stock904,690$43.1M0.3%+156,966+21.0%AddedHistory
WMTWalmart Inc.Stock300,472$42.6M0.3%+13,018+4.5%AddedHistory
Vanguard Whitehall FDS921946794INTL HIGH ETF712,403$42.4M0.3%+3,527+0.5%Added–
LMTLockheed Martin CorpStock85,617$41.7M0.3%+744+0.9%AddedHistory
SPDR Series Trust78468R523ST STR BL 12 ETF408,473$40.6M0.3%+408,473New–
VVisa Inc.Stock191,486$39.8M0.3%+13,283+7.5%AddedHistory
TRVTravelers Companies, Inc.Stock210,959$39.6M0.3%+5,332+2.6%AddedHistory
DECKDeckers Outdoor CorpCOM98,556$39.3M0.3%−922−0.9%ReducedHistory
ALLAllstate CorpStock286,823$38.9M0.3%−16,175−5.3%ReducedHistory
Vanguard Mun BD FDS922907746TAX EXEMPT BD783,414$38.8M0.3%+11,787+1.5%Added–
iShares Tr46435G193ESG AWRE USD ETF1,737,365$38.7M0.3%−367,322−17.5%Reduced–
WisdomTree Tr97717X511YIELD ENHANCD US902,180$38.5M0.3%+88,900+10.9%Added–
VZVerizon Communications IncStock965,947$38.1M0.3%+125,188+14.9%AddedHistory
SJMJ M SMUCKER CoStock233,561$37.0M0.3%+2,948+1.3%AddedHistory
DGDollar General CorpCOM149,565$36.8M0.3%+3,073+2.1%AddedHistory
SCIService Corp InternationalCOM532,264$36.8M0.3%+5,961+1.1%AddedHistory
CICigna GroupStock108,803$36.1M0.3%−4,909−4.3%ReducedHistory
Goldman Sachs ETF Tr381430230ULTR SHOR BD ETF717,170$35.5M0.3%+68,950+10.6%Added–
BMYBristol Myers Squibb CoStock490,402$35.3M0.3%+29,292+6.4%AddedHistory
iShares Tr46435G532MSCI GBL SUS DEV444,991$35.1M0.3%−68,476−13.3%Reduced–
State Street SPDR Portfolio S&P 500 Value ETF78464A508ETF898,915$35.0M0.3%+894,557+20,526.8%Added–
KMBKimberly Clark CorpStock250,456$34.0M0.3%+11,642+4.9%AddedHistory
CBOECboe Global Markets, Inc.COM270,385$33.9M0.3%+6,647+2.5%AddedHistory
WECWec Energy Group, Inc.Stock355,186$33.3M0.2%+13,865+4.1%AddedHistory
iShares Tr464288414NATIONAL MUN ETF315,553$33.3M0.2%+4,593+1.5%Added–
ACNAccenture plcStock124,369$33.2M0.2%+7,439+6.4%AddedHistory
TAT&T Inc.Stock1,794,840$33.0M0.2%+116,462+6.9%AddedHistory
HONHoneywell International IncCOM152,539$32.7M0.2%+4,011+2.7%AddedHistory
iShares Tr464287796U.S. ENERGY ETF700,004$32.5M0.2%−39,469−5.3%Reduced–
UNHUnitedHealth Group IncStock61,359$32.5M0.2%−3,155−4.9%ReducedHistory
ABTAbbott LaboratoriesStock284,649$31.3M0.2%+30,068+11.8%AddedHistory
HDHome Depot, Inc.Stock98,427$31.1M0.2%+5,975+6.5%AddedHistory
PCARPaccar IncCOM310,147$30.7M0.2%+306,794+9,149.8%AddedHistory
NEENextera Energy IncStock365,433$30.6M0.2%+15,627+4.5%AddedHistory
GOOGLAlphabet Inc.Stock344,955$30.4M0.2%−6,268−1.8%ReducedHistory
TGTTarget CorpStock202,651$30.2M0.2%+14,485+7.7%AddedHistory
CHRWC. H. Robinson Worldwide, Inc.COM NEW327,778$30.0M0.2%+15,708+5.0%AddedHistory
INTCIntel CorpStock1,102,520$29.1M0.2%+160,860+17.1%AddedHistory
PSAPublic StorageCOM103,777$29.1M0.2%+4,099+4.1%AddedHistory
PIMCO ETF Tr72201R2051-5 US TIP IDX579,700$28.9M0.2%−59,376−9.3%Reduced–

Options (12)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of CWM, LLC in Q4 2022
SecurityClassPutsCalls
SPYSPDR S&P 500 ETF TrustETF$2.64M$5.11M
KRKroger CoStock$12.0K–
AAPLApple Inc.Stock$2.00K$1.00K
WBDWarner Bros. Discovery, Inc.Stock–$2.00K
SNAPSnap IncStock–$1.00K
MSFTMicrosoft CorpStock$1.00K–
GOOGAlphabet Inc.Stock–$1.00K
BABAAlibaba Group Holding LtdADR–$1.00K
GLBEGlobal-E Online Ltd.SHS–$1.00K
DOCNDigitalOcean Holdings, Inc.COM–$1.00K
NCLHNorwegian Cruise Line Holdings Ltd.SHS–$1.00K
CMRCCommerce.com, Inc.COM SER 1–$1.00K

Sold out since Q3 2022 (210)

Positions held at the end of Q3 2022 that are gone from this filing.

The largest 100 of 210 by value last quarter.

Positions of CWM, LLC sold out since Q3 2022
SecurityClassShares in Q3 2022Value in Q3 2022% of portfolio in Q3 2022History
Invesco Bulletshares 2022 HY Bd (BSJM)46138J874BULSHS 2022 HY791,694$17.4M0.1%–
TMXTerminix Global Holdings IncCOM111,799$4.28M<0.1%History
Two RDS Shared Tr90214Q766ANFIELD UNVL ETF425,871$3.68M<0.1%–
Invesco Exch TRD SLF Idx FD46138J882BULSHS 2022 CB155,964$3.30M<0.1%–
TWTRTwitter, Inc.COM15,120$663.0K<0.1%History
iShares Tr46435G755IBONDS DEC202217,571$455.0K<0.1%–
Franklin Templeton ETF Tr35473P868FRANKLIN DYN MUN17,144$390.0K<0.1%–
iShares Tr46436E304FACTORS US VAL15,590$375.0K<0.1%–
DREDuke Realty CorpCOM NEW6,854$330.0K<0.1%History
iShares Tr46434VBA7IBONDS DEC22 ETF10,304$258.0K<0.1%–
CTXSCitrix Systems IncCOM2,107$219.0K<0.1%History
TSBKTimberland Bancorp IncCOM5,551$153.0K<0.1%History
Cambria ETF Tr132061300CAMBRIA FGN SHR6,689$137.0K<0.1%–
Goldman Sachs ETF Tr38149W101ACCESS US AGRAT3,308$135.0K<0.1%–
AVLRAvalara, Inc.COM1,458$134.0K<0.1%History
CLRContinental Resources, IncCOM1,972$132.0K<0.1%History
John Hancock Exchange Traded47804J859MULTI INTL ETF5,300$128.0K<0.1%–
DKLDelek Logistics Partners, LPCOM UNT RP INT2,500$127.0K<0.1%History
BAMBrookfield Asset Management Ltd.CL A LTD VT SH2,831$116.0K<0.1%History
GLPGlobal Partners LPCOM UNITS4,000$99.0K<0.1%History
ABMDAbiomed IncCOM387$95.0K<0.1%History
BlackRock ETF Trust II092528108SHOR DURA HI ETF4,595$94.0K<0.1%–
NLSNNielsen Holdings plcSHS EUR3,018$84.0K<0.1%History
SPDR Series Trust78464A722ST STR SP PHARMA1,845$74.0K<0.1%–
First Tr Exchng Traded FD VI33740F623FT VEST US EQT2,304$70.0K<0.1%–
J P Morgan Exchange Traded F46641Q886DIVERSFED RTRN853$65.0K<0.1%–
First Tr Exchange-Traded FD33738R746SMAL CP US EQT2,711$62.0K<0.1%–
ZENZendesk, Inc.COM798$61.0K<0.1%History
CLMCornerstone Strategic Investment Fund, Inc.COM6,383$55.0K<0.1%History
ChemoCentryx, Inc.16383L106COM1,040$54.0K<0.1%–
Invesco Exch Traded FD Tr II46138G656S&P ULTRA DIVIDE1,254$47.0K<0.1%–
GAINGladstone Investment CorporationdeCEF3,285$40.0K<0.1%History
YAlleghany CorpCOM44$37.0K<0.1%History
Barclays Bank PLC06742A669IPATH SHILR CAPE2,040$37.0K<0.1%–
First Tr Exchng Traded FD VI33740F847FT VEST US EQT999$33.0K<0.1%–
Tata MTRS Ltd876568502SPONSORED ADR1,303$32.0K<0.1%–
Vanguard Whitehall FDS921946810INTL DVD ETF499$31.0K<0.1%–
IFNAberdeen India Fund, Inc.COM1,806$29.0K<0.1%History
Goldman Sachs ETF Tr381430123MARKETBETA US EQ568$28.0K<0.1%–
BHVNBiohaven Ltd.COM167$25.0K<0.1%History
WisdomTree Tr97717W281EMG MKTS SMCAP545$22.0K<0.1%–
Global X FDS37950E549GLB X SUPERDIV2,708$20.0K<0.1%–
PALLabrdn Palladium ETF TrustPHYSICAL PALLADM96$19.0K<0.1%History
Goldman Sachs ETF Tr381430479ACCESS INVT GR415$18.0K<0.1%–
Global X FDS37950E127REIT ETF2,410$17.0K<0.1%–
SWCHSwitch, Inc.CL A494$17.0K<0.1%History
Northern LTS FD Tr III66538R730HCM DEFEN 500475$16.0K<0.1%–
WisdomTree Tr97717W588US LARGECAP FUND413$16.0K<0.1%–
FBCFlagstar Bancorp IncCOM PAR .001484$16.0K<0.1%History
CVETCovetrus, Inc.COM705$15.0K<0.1%History
Viacomcbs Inc92556H305PFD500$15.0K<0.1%–
First Tr Exchange-Traded FD33734X184UTILITIES ALPH459$14.0K<0.1%–
EXKEndeavour Silver CorpCOM4,760$14.0K<0.1%History
PFDFlaherty & Crumrine Preferred & Income Fund IncCOM1,290$14.0K<0.1%History
NAZNuveen Arizona Quality Municipal Income FundCOM1,147$14.0K<0.1%History
First Tr Exchange Trad FD VI33740Y101ALT ABSLT STRG404$13.0K<0.1%–
FEOFirst Trust/Abrdn Emerging Opportunity FundCOM1,483$13.0K<0.1%History
SPXXNuveen S&P 500 Dynamic Overwrite FundCOM805$12.0K<0.1%History
Invesco Exch Traded FD Tr II46138E396S&P 500 CONC ETF325$12.0K<0.1%–
DLYDoubleLine Yield Opportunities FundCOM900$12.0K<0.1%History
MNRLMNRL Sub Inc.CL A COM505$12.0K<0.1%History
Global X FDS37954Y434GENOMIC BIOTECH973$12.0K<0.1%–
INSGInseego Corp.COM5,790$12.0K<0.1%History
Tenneco Inc880349105CL A VTG COM STK693$12.0K<0.1%–
Davis Fundamental ETF Tr23908L405SELCT INTL ETF680$10.0K<0.1%–
UNLUnited States 12 Month Natural Gas Fund, LPUNIT BEN INT433$10.0K<0.1%History
Goldman Sachs ETF Tr381430362ACCESS INFLATI196$9.00K<0.1%–
ABTXAllegiance Bancshares, Inc.COM210$9.00K<0.1%History
BTRSBTRS Holdings Inc.COM CL 11,021$9.00K<0.1%History
John Hancock Exchange Traded47804J701MLTFACTOR ENRG300$9.00K<0.1%–
MFDMacquarie/First Trust Global Infrastr/Util Div & Inc FundCOM1,162$9.00K<0.1%History
PCSBPCSB Financial CorpCOM510$9.00K<0.1%History
Flexshares Tr33939L605IBOXX 5YR TRGT329$8.00K<0.1%–
Victory Portfolios II92647N527CORE BD ETF168$8.00K<0.1%–
CHNGChange Healthcare Inc.COM285$8.00K<0.1%History
Two Harbors Investment Corp.90187B408COM NEW2,375$8.00K<0.1%–
iShares U S ETF Tr46431W580INFLATION HEDG300$7.00K<0.1%–
DFTXDefinium Therapeutics, Inc.COM1,917$7.00K<0.1%History
PINGPing Identity Holding Corp.COM253$7.00K<0.1%History
PPLTabrdn Platinum ETF TrustPHYSCL PLATM SHS78$6.00K<0.1%History
CTLPCantaloupe, Inc.COM1,670$6.00K<0.1%History
Nuveen Emerging MKTS Debt 2067077P101COM1,007$6.00K<0.1%–
AGTIAgiliti, Inc.COM451$6.00K<0.1%History
INFAInformatica Inc.COM CL A304$6.00K<0.1%History
SBDSSolo Brands, Inc.COM CL A1,706$6.00K<0.1%History
ETJEaton Vance Risk-Managed Diversified Equity Income FundCOM579$5.00K<0.1%History
Aim ETF Products Trust00888H505ALLIA US OCT ETF190$5.00K<0.1%–
FCRDFirst Eagle Alternative Capital BDC, Inc.COM1,875$5.00K<0.1%History
Invesco Exch Traded FD Tr II46138E479PURBTA FTSE EM238$5.00K<0.1%–
PZNPzena Investment Management, Inc.CLASS A483$5.00K<0.1%History
Invesco Actively Managed Exc46090A101ACTIVE US REAL43$4.00K<0.1%–
Invesco Exch Traded FD Tr II46138E636INTL CORP BD204$4.00K<0.1%–
GSGiShares S&P GSCI Commodity-Indexed TrustUNIT BEN INT218$4.00K<0.1%History
RLGTRadiant Logistics, IncCOM789$4.00K<0.1%History
SLSSELLAS Life Sciences Group, Inc.COM NEW2,000$4.00K<0.1%History
CONNConns IncCOM570$4.00K<0.1%History
DBDDiebold Nixdorf, IncCOM1,836$4.00K<0.1%History
FMYFirst Trust Mortgage Income FundCOM SHS392$4.00K<0.1%History
Invesco Exch Traded FD Tr II46138E289S&P EMRNG MMTM282$4.00K<0.1%–
Affimed N VN01045108COM2,129$4.00K<0.1%–