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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 80 of 81  ·  1,606 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1581 EAF GRAFTECH INTL LTD SR NT Industrials 11.0 $75.0 -32.0 -74.4% $6.82 +25.3%
1582 CALUMET INC 2.0 $72.0 -3K -99.9% $36.00
1583 METCB RAMACO RES INC Energy 7.0 $71.0 -5.0 -41.7% $10.14 -5.4%
1584 QRHC QUEST RESOURCE HLDG CORP Industrials 55.0 $65.0 -4.0 -6.8% $1.18 -3.5%
1585 AELUMA INC 5.0 $65.0 -5.0 -50.0% $13.00
1586 ASG LIBERTY ALL-STAR GROWTH FD I Financial Services 12.0 $55.0 -16.0 -57.1% $4.58 +13.0%
1587 PYXS PYXIS ONCOLOGY INC Healthcare 34.0 $50.0 -36.0 -51.4% $1.47 +36.0%
1588 VTSI VIRTRA INC Industrials 12.0 $45.0 -15.0 -55.6% $3.75 -5.6%
1589 LUCKY STRIKE ENTERTAINMENT C 5.0 $42.0 -18.0 -78.3% $8.40
1590 SMXT SOLARMAX TECHNOLOGY INC Energy 58.0 $41.0 -53.0 -47.8% $0.71 -22.4%
1591 LYEL LYELL IMMUNOPHARMA INC Healthcare 2.0 $40.0 -18.0 -90.0% $20.00 -19.4%
1592 MGX METAGENOMI THERAPEUTICS INC Healthcare 25.0 $34.0 -7.0 -21.9% $1.36 -5.1%
1593 XBIT XBIOTECH INC Healthcare 13.0 $31.0 -10.0 -43.5% $2.38 +0.2%
1594 HCM HUTCHMED CHINA LTD Healthcare 2.0 $30.0 -26.0 -92.9% $15.00 -19.6%
1595 VRA VERA BRADLEY INC Consumer Cyclical 9.0 $28.0 -5.0 -35.7% $3.11 +6.1%
1596 ICAP SERIES PORTFOLIOS TR 1.0 $23.0 -91.0 -98.9% $23.00 +22.3%
1597 REI RING ENERGY INC Energy 15.0 $23.0 -157.0 -91.3% $1.53 -8.7%
1598 PRPL PURPLE INNOVATION INC Consumer Cyclical 32.0 $21.0 -38.0 -54.3% $0.66 -36.0%
1599 APTEVO THERAPEUTICS INC 5.0 $21.0 -1.0 -16.7% $4.20
1600 LNZA LANZATECH GLOBAL INC Industrials 1.0 $16.0 -7.0 -87.5% $16.00 -47.5%
Page 80 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%