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Portfolio (Quarterly) Guide ↗

CWM, LLC

· CIK 0001535847
13F Portfolio $38.1B AUM 5,738 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 303 New 2977 Added 1606 Reduced 208 Exited
Page 67 of 81  ·  1,606 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1321 BOW BOWHEAD SPECIALTY HLDGS INC Financial Services 923.0 $21K -558.0 -37.7% $22.43 +26.9%
1322 FMAO FARMERS & MERCHANTS BANCORP Financial Services 801.0 $21K -127.0 -13.7% $25.67 +8.4%
1323 IVOO VANGUARD ADMIRAL FDS INC 179.0 $20K -83.0 -31.7% $114.32 +7.9%
1324 FFC FLAHERTY & CRUMRIN PFD & INM Financial Services 1,314.0 $20K -8.0 -0.6% $15.48 +2.0%
1325 HYBB ISHARES TR 436.0 $20K -456.0 -51.1% $46.49 +0.2%
1326 JAMES HARDIE INDS PLC 1,069.0 $20K -640.0 -37.5% $18.93
1327 GO GROCERY OUTLET HLDG CORP Consumer Defensive 2,854.0 $20K -2K -37.5% $7.05 +13.6%
1328 AVNW AVIAT NETWORKS INC Technology 863.0 $20K -12.0 -1.4% $22.61 -27.2%
1329 EVGO EVGO INC Consumer Cyclical 11,134.0 $19K -19K -62.7% $1.72 +9.3%
1330 PALC PACER FDS TR 368.0 $19K -73.0 -16.6% $51.79 +7.6%
1331 ZEVRA THERAPEUTICS INC 2,024.0 $19K -291.0 -12.6% $9.32
1332 WIX WIX COM LTD Technology 208.0 $19K -327.0 -61.1% $89.94 -39.1%
1333 KE KIMBALL ELECTRONICS INC Industrials 784.0 $19K -460.0 -37.0% $23.69 +2.2%
1334 KMLM KRANESHARES TRUST 655.0 $18K -185.0 -22.0% $28.20 +3.7%
1335 SBFG SB FINL GROUP INC Financial Services 875.0 $18K -65.0 -6.9% $21.00 +3.7%
1336 NAVI NAVIENT CORPORATION Financial Services 2,246.0 $18K -1K -31.4% $8.18 +2.1%
1337 KREF KKR REAL ESTATE FIN TR INC Real Estate 2,993.0 $18K -7K -68.6% $6.12 +4.7%
1338 NHS NEUBERGER HIGH YIELD ST FD I Financial Services 2,779.0 $18K -81.0 -2.8% $6.48 -3.4%
1339 AUR AURORA INNOVATION INC Technology 4,285.0 $18K -13K -75.3% $4.12 +74.0%
1340 AGM FEDERAL AGRIC MTG CORP Financial Services 118.0 $18K -210.0 -64.0% $148.35 +19.3%
Page 67 of 81  ·  1,606 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 26.2%
Financial Services 18.8%
Healthcare 11.3%
Industrials 10.2%
Consumer Cyclical 9.5%
Communication Services 6.9%
Consumer Defensive 6.0%
Energy 4.5%
Utilities 3.0%
Basic Materials 1.9%