13F HOLDINGS REPORT

NWF Advisory Services Inc.

Quarter ended Q1 2025 · Filed May 14, 2025 · Accession 0001667731-25-000641

Total Value

$682.8M

Positions

282

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (282)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	APPLE INC	AAPL	165,795	$41.5M	6.08%
2	VANGUARD INDEX FDS	922908363	67,812	$36.5M	5.35%
3	BERKSHIRE HATHAWAY INC DEL	BRK-A	80,161	$36.3M	5.32%
4	SELECT SECTOR SPDR TR	81369Y803	134,457	$31.3M	4.58%
5	SPDR SER TR	78464A763	187,472	$24.8M	3.63%
6	COSTCO WHSL CORP NEW	22160K105	21,919	$20.1M	2.94%
7	AMAZON COM INC	AMZN	86,871	$19.1M	2.79%
8	ALPHABET INC	GOOG	81,438	$15.5M	2.27%
9	VANGUARD WORLD FD	921910816	44,337	$15.2M	2.23%
10	ISHARES TR	464287200	25,280	$14.9M	2.18%
11	ISHARES TR	464287150	105,509	$13.6M	1.99%
12	VANGUARD INDEX FDS	922908736	32,715	$13.4M	1.97%
13	BANK AMERICA CORP	060505104	291,568	$12.8M	1.88%
14	VANGUARD SPECIALIZED FUNDS	921908844	65,401	$12.8M	1.88%
15	J P MORGAN EXCHANGE TRADED F	46641Q332	201,360	$11.7M	1.71%
16	VISA INC	V	36,841	$11.6M	1.71%
17	CITIGROUP INC	C-PR	164,515	$11.6M	1.70%
18	AMERICAN EXPRESS CO	AXP	38,799	$11.5M	1.69%
19	ALIBABA GROUP HLDG LTD	BBAAY	122,959	$10.4M	1.53%
20	GENERAL MTRS CO	37045V100	188,119	$10.0M	1.47%
21	OCCIDENTAL PETE CORP	674599105	197,576	$9.8M	1.44%
22	INVESCO QQQ TR	IVZ	18,784	$9.6M	1.41%
23	NVIDIA CORPORATION	NVDA	68,752	$9.2M	1.35%
24	VANGUARD WORLD FD	92204A702	13,957	$8.7M	1.27%
25	MICRON TECHNOLOGY INC	MU	102,902	$8.7M	1.27%
26	ALPHA METALLURGICAL RESOUR I	020764106	42,334	$8.5M	1.24%
27	DISNEY WALT CO	254687106	74,301	$8.3M	1.22%
28	FIDELITY MERRIMACK STR TR	316188408	164,292	$8.2M	1.21%
29	MICROSOFT CORP	MSFT	18,870	$8.0M	1.16%
30	VANGUARD INDEX FDS	922908769	26,054	$7.6M	1.11%
31	WALMART INC	WMT	78,040	$7.1M	1.03%
32	SPDR S&P 500 ETF TR	SPY	10,984	$6.5M	0.95%
33	VANGUARD INTL EQUITY INDEX F	922042742	49,859	$5.9M	0.86%
34	MARKEL GROUP INC	MKL	3,158	$5.5M	0.80%
35	GOLDMAN SACHS ETF TR	NVGLF	47,277	$5.4M	0.80%
36	TESLA INC	TSLA	12,518	$5.1M	0.74%
37	ISHARES TR	464287655	22,799	$5.0M	0.74%
38	SELECT SECTOR SPDR TR	81369Y308	63,646	$5.0M	0.73%
39	SPDR GOLD TR	GLD	18,249	$4.4M	0.65%
40	J P MORGAN EXCHANGE TRADED F	46654Q203	74,745	$4.2M	0.62%
41	ALPHABET INC	GOOG	22,286	$4.2M	0.62%
42	SELECT SECTOR SPDR TR	81369Y506	48,497	$4.2M	0.61%
43	JPMORGAN CHASE & CO.	VYLD	17,033	$4.1M	0.60%
44	CAPITAL GROUP GROWTH ETF	14020G101	92,872	$3.5M	0.51%
45	ISHARES SILVER TR	SLV	119,663	$3.2M	0.46%
46	COCA COLA CO	KO	49,117	$3.1M	0.45%
47	WELLS FARGO CO NEW	949746101	42,819	$3.0M	0.44%
48	VANGUARD INDEX FDS	922908629	11,209	$3.0M	0.43%
49	SELECT SECTOR SPDR TR	81369Y852	29,389	$2.8M	0.42%
50	ISHARES TR	464287432	29,030	$2.5M	0.37%
51	ISHARES TR	464287101	8,348	$2.4M	0.35%
52	SPDR DOW JONES INDL AVERAGE	78467X109	5,611	$2.4M	0.35%
53	VANGUARD INDEX FDS	922908744	13,962	$2.4M	0.35%
54	ISHARES TR	464287663	23,261	$2.2M	0.32%
55	VANGUARD WHITEHALL FDS	921946794	31,348	$2.1M	0.31%
56	CHEVRON CORP NEW	CVX	14,416	$2.1M	0.31%
57	VERIZON COMMUNICATIONS INC	VZ	49,425	$2.0M	0.29%
58	META PLATFORMS INC	META	3,373	$2.0M	0.29%
59	ABBVIE INC	ABBV	10,972	$1.9M	0.29%
60	SCHWAB STRATEGIC TR	808524102	84,111	$1.9M	0.28%
61	AMGEN INC	AMGN	7,233	$1.9M	0.28%
62	GE AEROSPACE	369604301	11,280	$1.9M	0.28%
63	ISHARES TR	464287465	24,323	$1.8M	0.27%
64	VANECK ETF TRUST	92189F676	7,594	$1.8M	0.27%
65	SPDR SER TR	78464A805	25,622	$1.8M	0.27%
66	ARK ETF TR	00214Q401	16,626	$1.8M	0.26%
67	ISHARES TR	464288448	62,310	$1.7M	0.25%
68	NETFLIX INC	NFLX	1,888	$1.7M	0.25%
69	NORTHROP GRUMMAN CORP	NOC	3,422	$1.6M	0.24%
70	EXXON MOBIL CORP	XOM	14,738	$1.6M	0.23%
71	FIRST TR EXCHANGE-TRADED FD	33738R308	68,068	$1.6M	0.23%
72	ISHARES TR	464287762	27,153	$1.6M	0.23%
73	VANGUARD WORLD FD	92204A504	5,919	$1.5M	0.22%
74	J P MORGAN EXCHANGE TRADED F	46641Q647	29,584	$1.5M	0.22%
75	HOME DEPOT INC	HD	3,809	$1.5M	0.22%
76	SELECT SECTOR SPDR TR	81369Y605	26,475	$1.3M	0.19%
77	JANUS DETROIT STR TR	47103U845	23,256	$1.2M	0.17%
78	GOLDMAN SACHS ETF TR	NVGLF	35,275	$1.2M	0.17%
79	ABBOTT LABS	ABLZF	10,319	$1.2M	0.17%
80	ASML HOLDING N V	ASMLF	1,628	$1.1M	0.17%
81	PFIZER INC	PFE	42,488	$1.1M	0.17%
82	VANGUARD WORLD FD	92204A306	8,835	$1.1M	0.16%
83	DELL TECHNOLOGIES INC	DELL	9,250	$1.1M	0.16%
84	PROCTER AND GAMBLE CO	742718109	6,344	$1.1M	0.16%
85	ISHARES TR	46435U713	22,788	$1.1M	0.15%
86	NUVEEN AMT FREE QLTY MUN INC	NU	92,822	$1.0M	0.15%
87	STARBUCKS CORP	SBUX	11,378	$1.0M	0.15%
88	INVESCO EXCH TRADED FD TR II	IVZ	40,658	$1.0M	0.15%
89	MASTERCARD INCORPORATED	MA	1,810	$953,046	0.14%
90	ISHARES TR	464287846	6,482	$927,509	0.14%
91	JOHNSON & JOHNSON	JNJ	6,409	$926,869	0.14%
92	COLGATE PALMOLIVE CO	CL	10,076	$916,010	0.13%
93	SALESFORCE INC	CRM	2,684	$898,567	0.13%
94	VANGUARD INDEX FDS	922908553	9,924	$884,032	0.13%
95	ISHARES TR	46429B697	9,798	$869,989	0.13%
96	MERCK & CO INC	MRK	8,574	$859,888	0.13%
97	PEPSICO INC	PEP	5,503	$844,082	0.12%
98	ISHARES TR	464287804	7,041	$811,320	0.12%
99	SELECT SECTOR SPDR TR	81369Y704	5,975	$787,266	0.12%
100	ISHARES TR	46432F339	4,341	$772,940	0.11%
101	BLACKROCK INC	BLK	752	$770,477	0.11%
102	CURTISS WRIGHT CORP	CW	2,161	$766,874	0.11%
103	AMERICAN CENTY ETF TR	025072877	7,586	$732,277	0.11%
104	ETFIS SER TR I	26923G822	32,865	$719,746	0.11%
105	HONEYWELL INTL INC	438516106	3,090	$698,002	0.10%
106	ISHARES TR	464287234	16,485	$689,405	0.10%
107	PIMCO ETF TR	72201R833	6,738	$678,786	0.10%
108	INVESCO EXCHANGE TRADED FD T	IVZ	31,907	$678,341	0.10%
109	FIRST TR EXCHANGE-TRADED FD	33739Q705	13,298	$667,706	0.10%
110	BLUE OWL CAPITAL CORPORATION	OWL	42,561	$659,268	0.10%
111	ELI LILLY & CO	LLY	843	$650,796	0.10%
112	DUKE ENERGY CORP NEW	DUKB	5,967	$642,901	0.09%
113	PIMCO ETF TR	72201R718	6,607	$630,045	0.09%
114	ARISTA NETWORKS INC	ANET	5,652	$624,714	0.09%
115	ADVANCED MICRO DEVICES INC	AMD	5,002	$604,195	0.09%
116	PARAMOUNT GLOBAL	92556H206	56,920	$598,336	0.09%
117	GLOBAL X FDS	37954Y483	32,217	$597,915	0.09%
118	BLACKSTONE INC	BX	3,332	$574,507	0.08%
119	NUVEEN CA QUALTY MUN INCOME	NU	50,359	$568,553	0.08%
120	VANGUARD INDEX FDS	922908751	2,322	$557,933	0.08%
121	ISHARES TR	464287614	1,385	$555,899	0.08%
122	TELEDYNE TECHNOLOGIES INC	TDY	1,160	$538,391	0.08%
123	INVESCO CALIF VALUE MUN INCO	IVZ	49,094	$537,088	0.08%
124	EQUIFAX INC	EFX	2,087	$531,872	0.08%
125	VANGUARD WORLD FD	92204A207	2,503	$529,083	0.08%
126	NUVEEN CALIFORNIA AMT QLT MU	NU	41,753	$527,762	0.08%
127	ISHARES U S ETF TR	46431W507	10,416	$526,009	0.08%
128	ISHARES TR	464287507	8,376	$521,915	0.08%
129	NEXTERA ENERGY INC	NEE-PW	7,280	$521,902	0.08%
130	UNITED PARCEL SERVICE INC	UPS	4,137	$521,615	0.08%
131	LOWES COS INC	548661107	2,113	$521,489	0.08%
132	CISCO SYS INC	CSCO	8,742	$517,518	0.08%
133	COHEN & STEERS QUALITY INCOM	19247L106	42,014	$514,252	0.08%
134	RITHM CAPITAL CORP	RITM-PF	46,300	$513,004	0.08%
135	WARRIOR MET COAL INC	HCC	9,450	$512,568	0.08%
136	ISHARES TR	464288679	4,626	$509,369	0.07%
137	PGIM ETF TR	69344A107	10,127	$504,328	0.07%
138	BROADCOM INC	AVGO	2,175	$504,251	0.07%
139	ALTRIA GROUP INC	MO	9,423	$502,386	0.07%
140	AT&T INC	T-PC	21,995	$500,819	0.07%
141	INVESCO ACTIVELY MANAGED EXC	IVZ	19,908	$499,989	0.07%
142	INTERNATIONAL BUSINESS MACHS	INTR	2,254	$495,460	0.07%
143	PURE STORAGE INC	74624M102	7,816	$480,137	0.07%
144	TRAVELERS COMPANIES INC	TRV	1,982	$477,451	0.07%
145	PIMCO DYNAMIC INCOME OPRNTS	69355M107	34,674	$475,375	0.07%
146	EATON VANCE MUNI INCOME TRUS	ETN	45,887	$463,918	0.07%
147	CAPITAL GROUP CORE BALANCED	14021D107	14,790	$462,483	0.07%
148	CROWDSTRIKE HLDGS INC	CRWD	1,345	$460,206	0.07%
149	INVESCO ACTIVELY MANAGED EXC	IVZ	9,134	$457,705	0.07%
150	BOEING CO	BA-PA	2,583	$457,191	0.07%
151	FIDELITY COVINGTON TRUST	316092618	9,379	$455,416	0.07%
152	STRYKER CORPORATION	SYK	1,257	$453,536	0.07%
153	ROCKET LAB USA INC	RKLB	17,625	$448,909	0.07%
154	ISHARES TR	46429B663	3,950	$443,428	0.06%
155	SHOPIFY INC	SHOP	4,136	$439,781	0.06%
156	SEMPRA	SREA	4,904	$433,220	0.06%
157	VANECK ETF TRUST	92189F411	25,984	$432,114	0.06%
158	DAVITA INC	DVA	2,835	$423,974	0.06%
159	THE TRADE DESK INC	88339J105	3,597	$422,756	0.06%
160	PIMCO CORPORATE & INCOME OPP	PTY	28,728	$416,336	0.06%
161	ISHARES GOLD TR	IAU	8,325	$412,170	0.06%
162	ISHARES TR	46435G425	3,192	$411,194	0.06%
163	ENBRIDGE INC	ENNPF	9,598	$407,213	0.06%
164	ISHARES TR	46434V878	8,053	$406,111	0.06%
165	ISHARES TR	46432F842	5,750	$404,112	0.06%
166	FIRST TR EXCHNG TRADED FD VI	33740F755	13,047	$397,545	0.06%
167	TEMPUR SEALY INTL INC	SGI	7,000	$396,830	0.06%
168	ARES CAPITAL CORP	ARCC	18,105	$396,318	0.06%
169	KRANESHARES TRUST	500767306	13,510	$395,032	0.06%
170	CAPITAL GROUP DIVIDEND VALUE	14020W106	11,203	$395,018	0.06%
171	ENTERPRISE PRODS PARTNERS L	293792107	12,569	$394,164	0.06%
172	EATON CORP PLC	ETN	1,173	$389,284	0.06%
173	SELECT SECTOR SPDR TR	81369Y407	1,697	$380,722	0.06%
174	FIRST TR EXCHANGE-TRADED FD	33739Q408	6,369	$380,674	0.06%
175	MERCADOLIBRE INC	MELI	221	$375,798	0.06%
176	ENERGY TRANSFER L P	ET-PI	19,155	$375,248	0.05%
177	APPLIED MATLS INC	038222105	2,302	$374,375	0.05%
178	ORACLE CORP	ORCL-PD	2,235	$372,441	0.05%
179	J P MORGAN EXCHANGE TRADED F	46641Q837	7,318	$370,162	0.05%
180	CHOICEONE FINL SVCS INC	170386106	10,316	$367,662	0.05%
181	ROYCE SMALL CAP TRUST INC	RVT	23,054	$364,254	0.05%
182	FEDEX CORP	FDX	1,260	$356,218	0.05%
183	UNITEDHEALTH GROUP INC	UNH	704	$356,127	0.05%
184	PIMCO ACCESS INCOME FUND	PAXS	23,011	$354,075	0.05%
185	LOCKHEED MARTIN CORP	LMT	724	$351,823	0.05%
186	VANGUARD INDEX FDS	922908611	1,762	$349,224	0.05%
187	VANGUARD BD INDEX FDS	921937835	4,811	$346,002	0.05%
188	PIMCO DYNAMIC INCOME FD	72201Y101	18,275	$339,196	0.05%
189	VANGUARD TAX-MANAGED FDS	921943858	6,928	$331,296	0.05%
190	PHILIP MORRIS INTL INC	718172109	2,720	$331,023	0.05%
191	KEMPER CORP	KMPB	4,944	$328,479	0.05%
192	SPDR S&P MIDCAP 400 ETF TR	MDY	561	$320,702	0.05%
193	PACER FDS TR	69374H881	5,641	$319,940	0.05%
194	SPDR SER TR	78464A854	4,604	$317,422	0.05%
195	ISHARES TR	464287309	3,070	$311,697	0.05%
196	LULULEMON ATHLETICA INC	LULU	812	$310,515	0.05%
197	SELECT SECTOR SPDR TR	81369Y209	2,224	$305,957	0.04%
198	ISHARES TR	464288513	3,827	$300,995	0.04%
199	KLA CORP	KLAC	470	$296,157	0.04%
200	ISHARES TR	464287176	2,770	$295,144	0.04%
201	CARVANA CO	CVNA	1,450	$294,872	0.04%
202	ISHARES TR	464287598	1,575	$291,488	0.04%
203	PALANTIR TECHNOLOGIES INC	PLTR	3,748	$283,461	0.04%
204	CUMMINS INC	CMI	810	$282,366	0.04%
205	ETF SER SOLUTIONS	26922A198	13,185	$273,164	0.04%
206	VANGUARD WORLD FD	92204A108	723	$271,399	0.04%
207	ANNALY CAPITAL MANAGEMENT IN	NLY-PJ	13,964	$268,660	0.04%
208	PROSHARES TR	74348A467	2,686	$267,392	0.04%
209	MCDONALDS CORP	MCD	912	$264,381	0.04%
210	ISHARES TR	464287481	2,085	$264,284	0.04%
211	WHEATON PRECIOUS METALS CORP	WPM	4,686	$263,540	0.04%
212	ISHARES TR	464288521	4,598	$263,511	0.04%
213	NIKE INC	NKE	3,438	$261,487	0.04%
214	TJX COS INC NEW	872540109	2,147	$259,379	0.04%
215	ILLINOIS TOOL WKS INC	452308109	999	$254,689	0.04%
216	MARATHON PETE CORP	MARA	1,812	$252,774	0.04%
217	CAPITAL GROUP CORE EQUITY ET	14020V108	7,154	$250,174	0.04%
218	VANGUARD INTL EQUITY INDEX F	922042858	5,664	$249,442	0.04%
219	ISHARES TR	464288760	1,699	$246,952	0.04%
220	ISHARES TR	464287671	1,772	$246,903	0.04%
221	VANGUARD INDEX FDS	922908637	906	$244,349	0.04%
222	CHUBB LIMITED	CB	880	$243,853	0.04%
223	FIRST TR EXCHNG TRADED FD VI	33740F722	4,730	$243,027	0.04%
224	THERMO FISHER SCIENTIFIC INC	TMO	466	$242,612	0.04%
225	ISHARES TR	46435U663	5,731	$240,989	0.04%
226	FS CREDIT OPPORTUNITIES CORP	FSCO	34,704	$236,683	0.03%
227	3M CO	MMM	1,810	$233,700	0.03%
228	CONSTELLATION BRANDS INC	STZ	1,051	$232,297	0.03%
229	FIRST TR EXCHNG TRADED FD VI	33740U505	5,205	$232,016	0.03%
230	FIRST TR EXCHANGE-TRADED FD	33738D879	9,527	$230,934	0.03%
231	FIRST TR EXCHANGE-TRADED FD	33733E302	947	$230,281	0.03%
232	AMERICAN WTR WKS CO INC NEW	030420103	1,849	$230,070	0.03%
233	MONDELEZ INTL INC	609207105	3,815	$229,664	0.03%
234	CARPENTER TECHNOLOGY CORP	CRS	1,350	$229,108	0.03%
235	VANGUARD INTL EQUITY INDEX F	922042874	3,588	$227,731	0.03%
236	OREILLY AUTOMOTIVE INC	67103H107	189	$224,116	0.03%
237	J P MORGAN EXCHANGE TRADED F	46641Q753	5,177	$223,646	0.03%
238	FIRST TR EXCHNG TRADED FD VI	33740U307	4,870	$222,542	0.03%
239	FIRST TR EXCHNG TRADED FD VI	33740F664	5,200	$221,679	0.03%
240	VANGUARD WORLD FD	92204A405	1,872	$221,027	0.03%
241	INTUITIVE SURGICAL INC	ISRG	423	$220,789	0.03%
242	SILA REALTY TRUST INC	SILA	9,055	$220,217	0.03%
243	FS KKR CAP CORP	FSK	10,114	$219,675	0.03%
244	AFLAC INC	AFL	2,114	$218,672	0.03%
245	ISHARES TR	464288356	3,807	$218,064	0.03%
246	FIRST TR EXCHNG TRADED FD VI	33740U208	4,450	$217,909	0.03%
247	CONOCOPHILLIPS	COP	2,191	$217,284	0.03%
248	ISHARES TR	464287705	1,736	$216,931	0.03%
249	SIRIUSXM HOLDINGS INC	829933100	9,378	$213,818	0.03%
250	FIRST TR EXCHNG TRADED FD VI	33740F763	4,254	$211,721	0.03%
251	ISHARES TR	464287457	2,556	$209,541	0.03%
252	ROYCE MICRO-CAP TR INC	RMT	21,379	$208,447	0.03%
253	GILEAD SCIENCES INC	GILD	2,235	$206,422	0.03%
254	VICTORY PORTFOLIOS II	92647N824	3,264	$204,262	0.03%
255	FIRST TR EXCHNG TRADED FD VI	33740U885	4,940	$203,973	0.03%
256	FIRST TR EXCHANGE-TRADED FD	33738R506	3,427	$202,654	0.03%
257	FIRST TR EXCHNG TRADED FD VI	33740F748	4,245	$201,342	0.03%
258	LOOP INDS INC	543518104	167,616	$201,139	0.03%
259	PHILLIPS EDISON & CO INC	PECO	5,340	$200,566	0.03%
260	NUVEEN FLOATING RATE INCOME	67072T108	17,943	$160,051	0.02%
261	DOUBLELINE INCOME SOLUTIONS	DSL	11,514	$144,731	0.02%
262	FORD MTR CO	345370860	13,968	$138,285	0.02%
263	ALIBABA GROUP HLDG LTD	BBAAY	1,600	$135,664	0.02%
264	FRANKLIN BSP RLTY TR INC	35243J101	10,175	$131,208	0.02%
265	FIRST TR SPECIALTY FIN & FIN	33733G109	31,050	$130,721	0.02%
266	BLACKROCK MUNIHLDNGS CALI QL	BLK	11,730	$124,691	0.02%
267	DISNEY WALT CO	254687106	900	$100,215	0.01%
268	OCCIDENTAL PETE CORP	674599105	1,500	$74,115	0.01%
269	CHEVRON CORP NEW	CVX	500	$72,420	0.01%
270	ABSCI CORPORATION	ABSI	26,800	$70,216	0.01%
271	OXFORD LANE CAP CORP	OXLCZ	11,529	$58,454	0.01%
272	KRANESHARES TRUST	500767306	1,800	$52,632	0.01%
273	METALLA RTY & STREAMING LTD	59124U605	20,952	$52,589	0.01%
274	FEMASYS INC	FEMY	47,055	$51,761	0.01%
275	LUCID GROUP INC	LCID	12,000	$36,240	0.01%
276	NEUBERGER BERMAN REAL ESTATE	NRO	10,000	$35,500	0.01%
277	GERDAU SA	GGB	12,300	$35,424	0.01%
278	B2GOLD CORP	BTG	10,200	$24,969	0.00%
279	AMAZON COM INC	AMZN	100	$21,939	0.00%
280	ALPHABET INC	GOOG	100	$19,044	0.00%
281	SENSEI BIOTHERAPEUTICS INC	SNSE	16,514	$8,094	0.00%
282	PARAMOUNT GLOBAL	92556H206	500	$5,230	0.00%