CWM, LLC

SEC CIK: 0001535847
Latest filing: May 14, 2026

SEC filings (opens in a new tab)

Holdings in Q4 2024

Holdings as of Dec 31, 2024, filed Feb 4, 2025. Long positions only; changes compare share counts with Q3 2024.

Positions: 5,110; +32 vs. Q3 2024
Portfolio value: $24.1B; +$852.3M (+3.7%) vs. Q3 2024
Filed: Feb 4, 2025; SEC

Holdings of CWM, LLC in Q4 2024
Security	Class	Shares	Value	% of portfolio	Share change	Action	History
iShares Core S&P 500 ETF464287200	ETF	1,928,796	$1.14B	4.7%	−81,013−4.0%	Reduced	–
iShares Tr46434V613	CORE UNIVRSL USD	18,881,700	$853.5M	3.5%	−2,443,721−11.5%	Reduced	–
iShares MSCI USA Quality Factor ETF46432F339	ETF	3,759,692	$669.5M	2.8%	−192,860−4.9%	Reduced	–
AAPLApple Inc.	Stock	2,184,176	$547.0M	2.3%	+112,449+5.4%	Added	History
iShares S&P 500 Growth ETF464287309	ETF	5,377,109	$545.9M	2.3%	−336,147−5.9%	Reduced	–
State Street SPDR Portfolio S&P 500 ETF78464A854	ETF	7,871,008	$542.6M	2.3%	+657,335+9.1%	Added	–
BlackRock ETF Trust09290C103	ISHARES US EQUIT	8,424,922	$431.8M	1.8%	−422,603−4.8%	Reduced	–
State Street SPDR Portfolio Developed World Ex-US ETF78463X889	ETF	12,542,476	$428.1M	1.8%	+1,116,762+9.8%	Added	–
State Street SPDR Portfolio Aggregate Bond ETF78464A649	ETF	16,328,149	$408.0M	1.7%	+1,263,384+8.4%	Added	–
MSFTMicrosoft Corp	Stock	865,480	$364.8M	1.5%	+35,597+4.3%	Added	History
NVDANVIDIA Corp	Stock	2,614,987	$351.2M	1.5%	+76,782+3.0%	Added	History
PIMCO Active Bond Exchange-Traded Fund72201R775	ETF	3,739,586	$338.1M	1.4%	+127,172+3.5%	Added	–
iShares Tr464288877	EAFE VALUE ETF	6,037,621	$316.8M	1.3%	−140,372−2.3%	Reduced	–
State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847	ETF	5,707,488	$312.1M	1.3%	−14,510−0.3%	Reduced	–
Invesco QQQ Trust Series I46090E103	ETF	597,627	$305.5M	1.3%	+4,041+0.7%	Added	–
AMZNAmazon Com Inc	Stock	1,287,680	$282.5M	1.2%	+48,569+3.9%	Added	History
iShares S&P 500 Value ETF464287408	ETF	1,449,306	$276.6M	1.1%	−2,608−0.2%	Reduced	–
iShares Tr464288885	EAFE GRWTH ETF	2,812,301	$272.3M	1.1%	+275,195+10.8%	Added	–
SPDR Series Trust78464A805	ST STR PR SP1500	3,361,341	$240.1M	1.0%	−36,054−1.1%	Reduced	–
State Street SPDR Portfolio S&P 500 Value ETF78464A508	ETF	4,628,432	$236.7M	1.0%	+277,382+6.4%	Added	–
iShares Tr464288588	MBS ETF	2,377,610	$218.0M	0.9%	−12,367−0.5%	Reduced	–
State Street SPDR Portfolio S&P 500 Growth ETF78464A409	ETF	2,450,975	$215.4M	0.9%	+126,200+5.4%	Added	–
Schwab U.S. Large-Cap Growth ETF808524300	ETF	6,979,366	$194.5M	0.8%	+52,346+0.8%	AddedConverted for a 4-for-1 split	–
State Street SPDR Portfolio S&P 600 Small Cap ETF78468R853	ETF	4,308,473	$193.5M	0.8%	+357,579+9.1%	Added	–
iShares MSCI USA Momentum Factor ETF46432F396	ETF	935,132	$193.5M	0.8%	+443,477+90.2%	Added	–
SPYSPDR S&P 500 ETF Trust	ETF	325,085	$190.5M	0.8%	+42,523+15.0%	Added	History
Vanguard Morningstar Growth ETF922908736	ETF	428,819	$176.0M	0.7%	+2,691+0.6%	Added	–
GOOGLAlphabet Inc.	Stock	918,030	$173.8M	0.7%	+22,143+2.5%	Added	History
iShares Tr464287721	U.S. TECH ETF	1,079,917	$172.3M	0.7%	−24,085−2.2%	Reduced	–
State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663	ETF	1,838,807	$168.1M	0.7%	−26,132−1.4%	Reduced	–
SPDR Series Trust78468R523	ST STR BL 12 ETF	1,667,377	$165.3M	0.7%	−10,746−0.6%	Reduced	–
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833	ETF	1,623,887	$162.9M	0.7%	−90,021−5.3%	Reduced	–
iShares Inc46434G764	MSCI EMRG CHN	2,803,723	$155.5M	0.6%	+76,626+2.8%	Added	–
METAMeta Platforms, Inc.	Stock	247,968	$145.2M	0.6%	+7,705+3.2%	Added	History
First Tr Exchng Traded FD VI33740F755	FT LADD BUFF ETF	4,490,479	$136.8M	0.6%	−97,663−2.1%	Reduced	–
AVGOBroadcom Inc.	Stock	587,534	$136.2M	0.6%	+67,622+13.0%	Added	History
Schwab US Dividend Equity ETF808524797	ETF	4,893,735	$133.7M	0.6%	+818,292+20.1%	AddedConverted for a 3-for-1 split	–
TSLATesla, Inc.	Stock	317,039	$128.0M	0.5%	+10,316+3.4%	Added	History
Vanguard S&P 500 ETF922908363	ETF	234,818	$126.5M	0.5%	+159,628+212.3%	Added	–
PIMCO ETF Tr72201R817	INV GRD CRP BD	1,316,373	$125.2M	0.5%	+153,041+13.2%	Added	–
BRK.BBerkshire Hathaway Inc	Stock	265,409	$120.3M	0.5%	+7,073+2.7%	Added	History
J P Morgan Exchange Traded F46641Q332	EQUITY PREMIUM	1,975,605	$113.7M	0.5%	+143,304+7.8%	Added	–
VanEck Morningstar Wide Moat ETF92189F643	ETF	1,217,717	$112.9M	0.5%	+64,917+5.6%	Added	–
iShares Flexible Income Active ETF092528603	ETF	2,012,253	$104.7M	0.4%	−37,771−1.8%	Reduced	–
State Street Technology Select Sector SPDR ETF81369Y803	ETF	445,991	$103.7M	0.4%	−9,614−2.1%	Reduced	–
JPMJPMorgan Chase & Co	Stock	386,275	$92.6M	0.4%	+21,865+6.0%	Added	History
PIMCO ETF Tr72201R718	ENHNCD LW DUR AC	948,752	$90.1M	0.4%	−29,140−3.0%	Reduced	–
SPDR Series Trust78464A672	ST INTER ETF	3,185,607	$88.8M	0.4%	+192,119+6.4%	Added	–
iShares Core MSCI Emerging Markets ETF46434G103	ETF	1,647,571	$86.0M	0.4%	−3,470−0.2%	Reduced	–
WMTWalmart Inc.	Stock	924,020	$83.5M	0.3%	−7,506−0.8%	Reduced	History
PGProcter & Gamble Co	Stock	495,993	$83.2M	0.3%	+19,736+4.1%	Added	History
WisdomTree Tr97717W208	US HIGH DIVIDEND	879,239	$82.1M	0.3%	−31,740−3.5%	Reduced	–
HDHome Depot, Inc.	Stock	210,015	$81.7M	0.3%	+14,078+7.2%	Added	History
J P Morgan Exchange Traded F46654Q609	ACTIVE GROWTH	999,555	$81.0M	0.3%	+38,301+4.0%	Added	–
Ssga Active ETF Tr78467V848	ST STR TOTAL ETF	2,012,588	$79.3M	0.3%	+200,276+11.1%	Added	–
PIMCO ETF Tr72201R866	INTER MUN BD ACT	1,519,188	$78.6M	0.3%	+49,841+3.4%	Added	–
iShares Tr464287432	20 YR TR BD ETF	856,365	$74.8M	0.3%	−21,582−2.5%	Reduced	–
VVisa Inc.	Stock	234,897	$74.2M	0.3%	+11,733+5.3%	Added	History
Invesco Actively Managed Exc46090A804	TOTAL RETURN	1,592,817	$73.9M	0.3%	+131,398+9.0%	Added	–
XOMExxonMobil Holdings Corp	COM	683,909	$73.6M	0.3%	+44,480+7.0%	Added	History
Tidal Trust II88636J204	RET STCKD GL STK	3,153,312	$73.3M	0.3%	+306,127+10.8%	Added	–
LLYEli Lilly & Co	Stock	94,718	$73.1M	0.3%	+19,629+26.1%	Added	History
iShares Tr464288414	NATIONAL MUN ETF	683,531	$72.8M	0.3%	−108,826−13.7%	Reduced	–
WisdomTree Tr97717X172	US HGH YLD CORP	1,613,119	$72.8M	0.3%	−13,684−0.8%	Reduced	–
GLDSPDR Gold Trust	ETF	287,149	$69.5M	0.3%	+95,889+50.1%	Added	History
SPDR Index Shs FDS78463X509	ST PORT MARK ETF	1,801,524	$69.1M	0.3%	+506,282+39.1%	Added	–
JNJJohnson & Johnson	Stock	471,740	$68.2M	0.3%	+37,070+8.5%	Added	History
Ssga Active ETF Tr78467V707	ST STR UL BD ETF	1,672,598	$67.6M	0.3%	+55,345+3.4%	Added	–
CSCOCisco Systems, Inc.	Stock	1,125,849	$66.7M	0.3%	+67,518+6.4%	Added	History
iShares Core U.S. Aggregate Bond ETF464287226	ETF	680,561	$65.9M	0.3%	+49,515+7.8%	Added	–
Franklin Templeton ETF Tr35473P884	US MID CP MLTFCT	1,209,812	$65.7M	0.3%	+174,268+16.8%	Added	–
iShares Tr464287150	CORE S&P TTL STK	510,211	$65.6M	0.3%	+3,902+0.8%	Added	–
iShares MSCI USA Min Vol Factor ETF46429B697	ETF	733,304	$65.1M	0.3%	+4,564+0.6%	Added	–
Vanguard Morningstar Value ETF922908744	ETF	383,236	$64.9M	0.3%	+30,758+8.7%	Added	–
Litman Gregory FDS Tr53700T827	IMGP DBI MAN ETF	2,466,570	$64.5M	0.3%	+437,937+21.6%	Added	–
GOOGAlphabet Inc.	Stock	338,666	$64.5M	0.3%	+24,829+7.9%	Added	History
iShares Core S&P US Value ETF464287663	ETF	696,069	$64.4M	0.3%	−5,157−0.7%	Reduced	–
Fidelity Merrimack STR Tr316188309	TOTAL BD ETF	1,416,936	$63.6M	0.3%	+143,288+11.3%	Added	–
Putnam ETF Trust746729300	FOCUSED LAR CAP	1,680,725	$62.4M	0.3%	+72,911+4.5%	Added	–
MRKMerck & Co., Inc.	Stock	610,270	$60.7M	0.3%	+75,687+14.2%	Added	History
iShares Core S&P Mid-Cap ETF464287507	ETF	956,089	$59.6M	0.2%	+72,659+8.2%	Added	–
SPDR Series Trust78464A664	ST LON TREAS ETF	2,237,839	$58.6M	0.2%	+219,103+10.9%	Added	–
SPDR Series Trust78468R804	ST STR R1K LOWV	339,865	$56.1M	0.2%	+21,750+6.8%	Added	–
ORCLOracle Corp	Stock	333,424	$55.6M	0.2%	+6,079+1.9%	Added	History
JPMorgan Ultra-Short Income ETF46641Q837	ETF	1,100,630	$55.4M	0.2%	+56,780+5.4%	Added	–
TAT&T Inc.	Stock	2,419,419	$55.1M	0.2%	−36,141−1.5%	Reduced	History
UNHUnitedHealth Group Inc	Stock	108,481	$54.9M	0.2%	+9,206+9.3%	Added	History
WisdomTree Tr97717Y790	US EFFIC CORE FD	1,163,551	$54.3M	0.2%	+28,426+2.5%	Added	–
COSTCostco Wholesale Corp	Stock	58,493	$53.6M	0.2%	+3,729+6.8%	Added	History
American Centy ETF Tr025072505	DIVERSIFIED MU	1,036,231	$52.0M	0.2%	+76,321+8.0%	Added	–
Doubleline ETF Trust25861R105	OPPO CORE BD ETF	1,132,713	$51.3M	0.2%	−123,251−9.8%	Reduced	–
iShares Tr46435G425	ESG AWR MSCI USA	395,398	$50.9M	0.2%	+7,153+1.8%	Added	–
WisdomTree Tr97717X511	YIELD ENHANCD US	1,179,343	$50.6M	0.2%	+45,095+4.0%	Added	–
iShares Tr464288281	JPMORGAN USD EMG	568,273	$50.6M	0.2%	−15,371−2.6%	Reduced	–
First Trust Rising Dividend Achievers ETF33738R506	ETF	846,436	$50.1M	0.2%	+365,785+76.1%	Added	–
VZVerizon Communications Inc	Stock	1,240,320	$49.6M	0.2%	+27,000+2.2%	Added	History
ABBVAbbVie Inc.	Stock	276,019	$49.0M	0.2%	+31,000+12.7%	Added	History
Vanguard Whitehall FDS921946794	INTL HIGH ETF	690,195	$46.9M	0.2%	+3,244+0.5%	Added	–
Vanguard Ftse All-World Ex-US Index Fund922042775	ETF	766,774	$44.0M	0.2%	+274,003+55.6%	Added	–
Global X FDS37954Y483	NASDAQ 100 COVER	2,415,493	$44.0M	0.2%	−45,142−1.8%	Reduced	–

Options (1)

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 2024
Security	Class	Puts	Calls
SPYSPDR S&P 500 ETF Trust	ETF	$422.0K	$1.59M

Sold out since Q3 2024 (186)

Positions held at the end of Q3 2024 that are gone from this filing.

The largest 100 of 186 by value last quarter.

Positions of CWM, LLC sold out since Q3 2024
Security	Class	Shares in Q3 2024	Value in Q3 2024	% of portfolio in Q3 2024	History
iShares Tr46434VBG4	IBONDS DEC24 ETF	426,986	$10.8M	<0.1%	–
Invesco Exch TRD SLF Idx FD46138J833	BULSHS 2024 HY	441,953	$10.0M	<0.1%	–
Schwab Charles Family FD808515530	AMT TAX FREE MNY	9,997,431	$10.0M	<0.1%	–
iShares Tr46436E874	IBONDS 24 TRM TS	127,765	$3.07M	<0.1%	–
MROMarathon Oil Corp	COM	41,074	$1.09M	<0.1%	History
Victory Portfolios II92647N816	VCSHS DEV ENH VL	20,142	$667.0K	<0.1%	–
iShares Tr46435U697	IBONDS DEC	20,277	$529.0K	<0.1%	–
ETF Ser Solutions26922A321	DISTILLATE US	7,449	$423.0K	<0.1%	–
CTLTCatalent, Inc.	COM	3,670	$222.0K	<0.1%	History
AGRAvangrid, Inc.	COM	5,820	$208.0K	<0.1%	History
First Tr Exchng Traded FD VI33740U844	FT VEST U.S	4,796	$182.0K	<0.1%	–
SWNSouthwestern Energy Co	COM	21,610	$154.0K	<0.1%	History
iShares Tr464288323	NEW YORK MUN ETF	2,800	$152.0K	<0.1%	–
iShares Tr46435U184	IBONDS 24 TRM HG	6,477	$151.0K	<0.1%	–
SQSPSquarespace, Inc.	CLASS A	3,253	$151.0K	<0.1%	History
Tema ETF Trust87975E883	CARDV & METB ETF	3,830	$129.0K	<0.1%	–
First Tr Exchng Traded FD VI33740F268	VEST NASDAQ 100	4,391	$92.0K	<0.1%	–
PRMWPrimo Water Corp	COM	3,310	$84.0K	<0.1%	History
Invesco Exch TRD SLF Idx FD46138J841	BULSHS 2024 CB	3,855	$81.0K	<0.1%	–
iShares Tr464288356	CALIF MUN BD ETF	1,256	$73.0K	<0.1%	–
AB Active ETFs Inc00039J608	HIGH YIELD ETF	1,916	$72.0K	<0.1%	–
First Tr Exchange-Traded FD33738D796	INTER GRADE ETF	3,225	$69.0K	<0.1%	–
Listed FDS Tr53656F623	HORI KI INFL ETF	1,821	$68.0K	<0.1%	–
First Tr Exchng Traded FD VI33740F326	FT VEST U.S	2,215	$67.0K	<0.1%	–
Alps Clean Energy ETF00162Q460	ETF	2,156	$63.0K	<0.1%	–
Series Portfolios Tr81752T510	UNUSUAL WHLS DEM	1,678	$63.0K	<0.1%	–
NVGSNavigator Holdings Ltd.	SHS	3,527	$57.0K	<0.1%	History
Atlantica Sustainable Infr PG0751N103	SHS	2,407	$53.0K	<0.1%	–
DLYDoubleLine Yield Opportunities Fund	COM	3,000	$50.0K	<0.1%	History
Simplify Exchange Traded Fun82889N863	VOLATILITY PREM	2,200	$48.0K	<0.1%	–
PRFTPerficient Inc	COM	628	$47.0K	<0.1%	History
iShares Inc464286285	JP MRGN EM HI BD	1,102	$43.0K	<0.1%	–
PETQPetIQ, Inc.	COM CL A	1,346	$41.0K	<0.1%	History
CHUYChuy's Holdings, Inc.	COM	833	$31.0K	<0.1%	History
CNSLConsolidated Communications Holdings, Inc.	COM	6,621	$31.0K	<0.1%	History
SRCLStericycle Inc	COM	497	$30.0K	<0.1%	History
ORANYOrange	SPONSORED ADR	2,485	$29.0K	<0.1%	History
AXNXAxonics, Inc.	COM	384	$27.0K	<0.1%	History
ENVEnvestnet, Inc.	COM	408	$26.0K	<0.1%	History
AANAaron's Company, Inc.	COM	2,432	$24.0K	<0.1%	History
HAYNHaynes International Inc	COM NEW	372	$22.0K	<0.1%	History
NAPADuckhorn Portfolio, Inc.	COM	3,358	$20.0K	<0.1%	History
ProShares Tr74347B425	SHORT S&P 500 NE	1,852	$20.0K	<0.1%	–
IFNAberdeen India Fund, Inc.	COM	1,000	$19.0K	<0.1%	History
Global X FDS37960A735	GBL X BLOCKCHAIN	400	$19.0K	<0.1%	–
Flexshares Tr33939L886	ULTR SHO INC FD	250	$19.0K	<0.1%	–
Advisorshares Tr00768Y560	ADVISORSHS ETF	245	$17.0K	<0.1%	–
BMEBlackRock Health Sciences Trust	COM	400	$17.0K	<0.1%	History
VSTOVista Outdoor Inc.	COM	435	$17.0K	<0.1%	History
RCMR1 RCM Inc.	COM	1,234	$17.0K	<0.1%	History
ProShares Tr74347G804	K1 FRE CRD OIL	367	$16.0K	<0.1%	–
INSTInstructure Holdings, Inc.	COM	683	$16.0K	<0.1%	History
Indexiq ETF Tr45409B628	US RL EST SMCP	697	$15.0K	<0.1%	–
VZIOVizio Holding Corp.	CL A COM	1,354	$15.0K	<0.1%	History
Exchange Traded Concepts Tr301505558	INDIA INTERNET &	902	$15.0K	<0.1%	–
Roundhill ETF Trust77926X205	S&P 500 ODTE COV	288	$15.0K	<0.1%	–
Invesco Exch TRD SLF Idx FD46138J536	BULSHS 2024 MUNI	544	$14.0K	<0.1%	–
J P Morgan Exchange Traded F46654Q815	SUST MUNI IN ETF	255	$13.0K	<0.1%	–
VanEck Vectors ETF Tr92189F817	VIETNAM ETF	1,000	$13.0K	<0.1%	–
Virtus ETF Tr II92790A504	VIRTUS US QLTY	360	$13.0K	<0.1%	–
CLMTCalumet, Inc.	COM	600	$11.0K	<0.1%	History
SPPPSprott Physical Platinum & Palladium Trust	PHYSICAL PLATINU	1,000	$10.0K	<0.1%	History
iShares Tr464288844	US OIL EQ&SV ETF	500	$10.0K	<0.1%	–
Invesco Exchange Traded FD Tr46138G474	COM	200	$10.0K	<0.1%	–
ECEcopetrol S.A.	SPONSORED ADS	1,022	$9.00K	<0.1%	History
TWKSThoughtworks Holding, Inc.	COM	2,060	$9.00K	<0.1%	History
ETF Ser Solutions26922B105	LHA MKT ST TACTL	195	$7.00K	<0.1%	–
TELLTellurian Inc.	COM	7,217	$7.00K	<0.1%	History
NTGTortoise Midstream Energy Fund, Inc.	COM	150	$7.00K	<0.1%	History
VanEck Vectors ETF Tr92189F205	STEEL ETF	95	$7.00K	<0.1%	–
CCCCC4 Therapeutics, Inc.	COM STK	1,018	$6.00K	<0.1%	History
SPDR Ser Tr78464A532	S&P TRANSN ETF	71	$6.00K	<0.1%	–
FLYYSpirit Aviation Holdings, Inc.	COM	2,438	$6.00K	<0.1%	History
ALGSAligos Therapeutics, Inc.	COM NEW	675	$6.00K	<0.1%	History
Motley Fool Small-Cap Growth ETF74933W874	ETF	147	$5.00K	<0.1%	–
MVFBlackRock Munivest Fund, Inc.	COM	657	$5.00K	<0.1%	History
ITIIteris, Inc.	COM	703	$5.00K	<0.1%	History
Invesco Exch Traded FD Tr II46138E800	CHINA TECHNLGY	100	$4.00K	<0.1%	–
BFKBlackRock Municipal Income Trust	SH BEN INT	342	$4.00K	<0.1%	History
ETF Ser Solutions26922A172	NATIONWIDE RSK	162	$4.00K	<0.1%	–
DIAXNuveen Dow 30sm Dynamic Overwrite Fund	SHS	250	$4.00K	<0.1%	History
iShares U S ETF Tr46431W812	INT RT HD LONG	133	$3.00K	<0.1%	–
AAAUGoldman Sachs Physical Gold ETF	UNIT	97	$3.00K	<0.1%	History
LGLLGL Group Inc	COM	500	$3.00K	<0.1%	History
VGRVector Group Ltd	COM	197	$3.00K	<0.1%	History
PWSCPowerschool Holdings, Inc.	COM CL A	132	$3.00K	<0.1%	History
STERSterling Check Corp.	COM	152	$3.00K	<0.1%	History
ICONIcon Energy Corp	COM	1,455	$3.00K	<0.1%	History
Fidelity Merrimack STR Tr316188408	LOW DURTIN ETF	32	$2.00K	<0.1%	–
Innovator ETFs Trust45782C466	GRWT100 PWR BF	50	$2.00K	<0.1%	–
Global X FDS37960A529	DEFENSE TECH ETF	59	$2.00K	<0.1%	–
Invesco Exch Traded FD Tr II46138G862	FLOAT RATE ETF	97	$2.00K	<0.1%	–
iShares Tr464288489	INTL DEV RE ETF	89	$2.00K	<0.1%	–
UROYUranium Royalty Corp.	COM	1,000	$2.00K	<0.1%	History
Triller Group Inc.G01212102	SHS	1,000	$2.00K	<0.1%	–
Series Portfolios Tr81752T494	UNUSUAL WHALES	61	$2.00K	<0.1%	–
BHCBausch Health Companies Inc.	Stock	90	$1.00K	<0.1%	History
Sandstorm Gold Ltd Com New80013R206	Stock	100	$1.00K	<0.1%	–
iShares U S ETF Tr46431W705	INT RT HDG C B	9	$1.00K	<0.1%	–
ProShares Tr74347B391	EQTS FOR RISIN	17	$1.00K	<0.1%	–