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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT

NWF Advisory Services Inc.

Quarter ended Q4 2025 · Filed December 8, 2025 · Accession 0002085853-25-000297

Total Value
$431.6M
Positions
285
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (285)

#IssuerTicker / CUSIPSharesValue% of Filing
1APPLE INCAAPL132,264$25.7M5.94%
2VANGUARD INDEX FDS92290836356,924$23.2M5.37%
3BERKSHIRE HATHAWAY INC DELBRK-A64,388$22.0M5.09%
4SPDR SER TR78464A763174,318$21.4M4.95%
5SELECT SECTOR SPDR TR81369Y803110,336$19.2M4.44%
6ISHARES TR46428720023,626$10.5M2.44%
7COSTCO WHSL CORP NEW22160K10518,709$10.1M2.33%
8BANK AMERICA CORP060505104313,599$9.0M2.08%
9J P MORGAN EXCHANGE TRADED F46641Q332160,247$8.9M2.05%
10AMAZON COM INCAMZN65,524$8.5M1.98%
11ALPHABET INCGOOG70,006$8.5M1.96%
12MICRON TECHNOLOGY INCMU133,883$8.4M1.96%
13VISA INCV33,076$7.9M1.82%
14ISHARES TR46428715072,701$7.1M1.65%
15GENERAL MTRS CO37045V100173,239$6.7M1.55%
16VANGUARD INDEX FDS92290873622,557$6.4M1.48%
17CITIGROUP INCC-PR137,092$6.3M1.46%
18INVESCO QQQ TRIVZ15,558$5.7M1.33%
19AMERICAN EXPRESS COAXP32,835$5.7M1.33%
20VANGUARD WORLD FDS92204A70211,521$5.1M1.18%
21VANGUARD INTL EQUITY INDEX F92204274247,514$4.6M1.07%
22ALIBABA GROUP HLDG LTDBBAAY54,272$4.5M1.05%
23PARAMOUNT GLOBAL92556H206262,258$4.2M0.97%
24GLOBAL X FDS37954Y483233,031$4.1M0.96%
25WELLS FARGO CO NEW94974610192,394$3.9M0.91%
26JPMORGAN CHASE & COVYLD26,721$3.9M0.90%
27WALMART INCWMT23,277$3.7M0.85%
28SPDR S&P 500 ETF TRSPY7,999$3.5M0.82%
29GOLDMAN SACHS ETF TRNVGLF39,639$3.5M0.80%
30OCCIDENTAL PETE CORP67459910557,928$3.4M0.79%
31VANGUARD SPECIALIZED FUNDS92190884420,204$3.3M0.76%
32DISNEY WALT CO25468710635,991$3.2M0.74%
33SELECT SECTOR SPDR TR81369Y30843,237$3.2M0.74%
34ISHARES TR46428717629,623$3.2M0.74%
35MICROSOFT CORPMSFT9,249$3.1M0.73%
36GLOBAL X FDS37954Y47568,689$2.8M0.65%
37ISHARES TR46429B69736,888$2.7M0.64%
38ISHARES TR46432F84236,645$2.5M0.57%
39VANGUARD INDEX FDS92290862911,051$2.4M0.56%
40VANGUARD INDEX FDS92290876910,189$2.2M0.52%
41ISHARES TR46428844876,737$2.0M0.47%
42VANGUARD INDEX FDS92290874414,135$2.0M0.47%
43BLACKROCK SCIENCE & TECHNOLOBLK58,300$2.0M0.47%
44TESLA INCTSLA7,478$2.0M0.45%
45GLOBAL X FDS37960A85988,150$2.0M0.45%
46COCA COLA COKO32,085$1.9M0.45%
47HIGHLAND GLOBAL ALLOCATION FHGLB221,881$1.9M0.44%
48ISHARES TR46428765510,057$1.9M0.44%
49SPDR DOW JONES INDL AVERAGE78467X1095,041$1.7M0.40%
50SPDR SER TR78468R40869,698$1.7M0.40%
51ABRDN GLOBAL PREMIER PPTYS F00302L108423,908$1.7M0.39%
52VANGUARD WHITEHALL FDS92194679425,748$1.6M0.38%
53EATON VANCE LTD DURATION INCETN168,500$1.6M0.37%
54NORTHROP GRUMMAN CORPNOC3,368$1.5M0.36%
55FIRST TR EXCHNG TRADED FD VI33740F75561,100$1.5M0.35%
56ABBVIE INCABBV11,252$1.5M0.35%
57AMGEN INCAMGN6,757$1.5M0.35%
58KAYNE ANDERSON ENERGY INFRST486606106175,687$1.4M0.33%
59TEKLA HEALTHCARE INVSHQH83,369$1.4M0.33%
60PFIZER INCPFE38,455$1.4M0.33%
61ISHARES TR46428766317,951$1.4M0.33%
62ALPHABET INCGOOG11,512$1.4M0.32%
63ISHARES TR46428743213,310$1.4M0.32%
64ISHARES TR4642877624,819$1.4M0.31%
65MARKEL GROUP INCMKL970$1.3M0.31%
66ISHARES TR46432F3969,044$1.3M0.30%
67MADISON COVERED CALL & EQUITMCN174,700$1.3M0.30%
68ISHARES SILVER TRSLV60,747$1.3M0.29%
69NVIDIA CORPORATIONNVDA2,902$1.2M0.28%
70SPDR GOLD TRGLD6,797$1.2M0.28%
71CBRE GBL REAL ESTATE INC FD12504G100230,146$1.2M0.28%
72SELECT SECTOR SPDR TR81369Y60535,399$1.2M0.28%
73MERCK & CO INCMRK10,244$1.2M0.27%
74CAMECO CORPCCJ36,932$1.2M0.27%
75ABRDN INCOME CREDIT STRATEGIACP-PA165,800$1.1M0.26%
76J P MORGAN EXCHANGE TRADED F46641Q64722,502$1.1M0.26%
77COHEN & STEERS INFRASTRUCTUR19248A10947,095$1.1M0.26%
78EXXON MOBIL CORPXOM10,127$1.1M0.25%
79STELLANTIS N.VSTLA60,309$1.1M0.25%
80VANECK ETF TRUST92189F6766,891$1.0M0.24%
81GLOBAL X FDS37954Y45957,706$1.0M0.24%
82PACER FDS TR69374H70930,578$1.0M0.23%
83ISHARES INC46434G10320,081$989,7690.23%
84FS KKR CAP CORPFSK51,494$987,6620.23%
85GOLDMAN SACHS ETF TRNVGLF31,437$985,5500.23%
86VENTAS INCVTR20,573$972,4880.23%
87VANECK ETF TRUST92189F10632,209$969,8090.22%
88VANGUARD INTL EQUITY INDEX F92204285823,827$969,2820.22%
89AMPLIFY ETF TR03210884782,490$964,3100.22%
90HOME DEPOT INCHD3,073$954,4260.22%
91PIMCO ETF TR72201R71810,087$945,5650.22%
92ISHARES TR4642878049,425$939,2450.22%
93VERIZON COMMUNICATIONS INCVZ24,724$919,4720.21%
94ABBOTT LABSABLZF8,365$912,0250.21%
95ADVENT CONV & INCOME FD00764C10976,785$899,9190.21%
96VANGUARD WORLD FDS92204A5043,524$862,7460.20%
97NEXTERA ENERGY INCNEE-PW11,346$841,8730.20%
98JOHNSON & JOHNSONJNJ5,040$834,3530.19%
99SCHWAB STRATEGIC TR80852440912,356$828,9660.19%
100HONEYWELL INTL INC4385161063,977$825,2450.19%
101ALLSPRING GLOBAL DIVIDEND OPEOD188,700$820,8450.19%
102HIGHLAND OPPORTUNITIESHFRO-PB90,400$816,3120.19%
103ROYCE VALUE TR INCRVT57,847$798,2750.18%
104ARK ETF TR00214Q10418,073$797,7440.18%
105KRANESHARES TR50076730628,214$759,8130.18%
106ABRDN TOTAL DYNAMIC DIVIDENDAOD87,950$726,4670.17%
107SCHWAB STRATEGIC TR8085243009,624$721,3210.17%
108ISHARES TR4642878466,530$707,3950.16%
109CALAMOS STRATEGIC TOTAL RETUCSQ47,234$696,7020.16%
110VANGUARD INDEX FDS9229087513,486$693,1660.16%
111SCHWAB STRATEGIC TR8085247979,409$683,3040.16%
112BIO RAD LABS INC0905722071,780$674,8340.16%
113ISHARES TR46435U71317,235$673,5440.16%
114RIVERNORTH OPPORTUNITIES FD76881Y10958,027$663,8290.15%
115ROYCE MICRO-CAP TR INCRMT75,397$659,7270.15%
116ARES DYNAMIC CR ALLOCATION F04014F10252,450$646,7090.15%
117INVESCO EXCHANGE TRADED FD TIVZ4,321$646,6700.15%
118NETFLIX INCNFLX1,426$628,1390.15%
119BOEING COBA-PA2,956$624,1270.14%
120ASML HOLDING N VASMLF857$621,1110.14%
121COHEN & STEERS QUALITY INCOM19247L10652,390$607,7220.14%
122EATON VANCE TAX-MANAGED DIVEETN47,753$595,0070.14%
123META PLATFORMS INCMETA2,054$589,4560.14%
124AIM ETF PRODUCTS TRUST00888H75222,600$584,7590.14%
125INVESCO EXCHANGE TRADED FD TIVZ13,830$578,3710.13%
126VANGUARD WORLD FDS92204A3065,094$575,0610.13%
127VOYA ASIA PAC HIGH DIV EQT I92912J10293,150$571,9410.13%
128PEPSICO INCPEP3,056$565,9760.13%
129EQUIFAX INCEFX2,404$565,6610.13%
130UNITED PARCEL SERVICE INCUPS3,121$559,2610.13%
131VICTORY PORTFOLIOS II92647N7667,667$544,9700.13%
132ECOFIN SUSTAINABLE AND SOCIA27901F10943,300$540,3840.13%
133LOOP INDS INC543518104167,616$538,0480.12%
134COHEN & STEERS CLOSED-END OP19248P10649,300$529,4820.12%
135LILLY ELI & COLLY1,128$529,1720.12%
136VOYA GLBL EQTY DIV & PREM OP92912T100100,500$516,5700.12%
137LOWES COS INC5486611072,215$499,9260.12%
138INVESCO EXCH TRADED FD TR IIIVZ27,500$497,2000.12%
139BLACKROCK ENHANCED GLOBAL DIBLK48,800$491,4180.11%
140VANGUARD INDEX FDS9229085535,852$488,9510.11%
141PIMCO CORPORATE & INCOME OPPPTY34,689$485,6460.11%
142OWL ROCK CAPITAL CORPORATIONOWL35,679$478,8130.11%
143TELEDYNE TECHNOLOGIES INCTDY1,160$476,8880.11%
144FIRST TR ENERGY INFRASTRCTR33738C10332,200$473,3400.11%
145STARBUCKS CORPSBUX4,778$473,3090.11%
146BLACKROCK SCIENCE & TECHNOLOBLK25,975$470,4070.11%
147REAVES UTIL INCOME FD75615810116,388$449,3590.10%
148FIRST TR EXCHANGE-TRADED FD33738R6059,452$443,3740.10%
149NEUBERGER BERMAN REAL ESTATENRO145,113$441,1440.10%
150GUGGENHEIM TAXABLE MUNICP BO40166410726,800$436,8400.10%
151VANGUARD INDEX FDS9229086112,638$436,3050.10%
152GAMCO GLOBAL GOLD NAT RES &36465A109113,000$435,4200.10%
153BLACKROCK ENHANCED EQUITY DIBLK52,141$434,8580.10%
154EATON VANCE TAX-MANAGED GLOBETN54,600$432,4320.10%
155NUVEEN REAL ESTATE INCOME FDNU56,600$420,5380.10%
156CHEVRON CORP NEWCVX2,671$420,2850.10%
157NUVEEN MULTI ASSET INCOME FU67075010835,683$416,0650.10%
158MASTERCARD INCORPORATEDMA1,017$399,9860.09%
159PROCTER AND GAMBLE CO7427181092,628$398,7730.09%
160CURTISS WRIGHT CORPCW2,154$395,6040.09%
161PRINCIPAL REAL ESTATE INCOMEPGZ41,800$395,4280.09%
162ISHARES TR4642873095,362$377,9140.09%
163AEHR TEST SYSAEHR8,945$368,9860.09%
164SELECT SECTOR SPDR TR81369Y2092,749$364,8770.08%
165BLACKROCK HEALTH SCIENCES TEBLK22,113$363,0950.08%
166LMP CAP & INCOME FD INC50208A10228,288$362,3690.08%
167COHEN & STEERS TOTAL RETURN19247R10331,675$361,7290.08%
168COLGATE PALMOLIVE COCL4,654$358,5460.08%
169LOCKHEED MARTIN CORPLMT772$355,2580.08%
170ABRDN GLOBAL DYNAMIC DIVIDENAGD36,756$350,6510.08%
171SCHWAB STRATEGIC TR8085245084,911$348,8600.08%
172TEKLA HEALTHCARE OPPORTUNITITHQ18,107$345,3020.08%
173INVESCO EXCHANGE TRADED FD TIVZ4,222$342,1090.08%
174CROWDSTRIKE HLDGS INCCRWD2,266$332,8060.08%
175AMPLIFY ETF TR03210873012,880$329,0840.08%
176EATON VANCE TAX-MANAGED GLOBETN39,767$326,8870.08%
177ISHARES TR4642875071,240$324,2350.08%
178VIRTUS DIVIDEND INTEREST & PNFJ26,000$317,4600.07%
179ISHARES TR4642886532,857$316,4700.07%
180SELECT SECTOR SPDR TR81369Y7042,945$316,0580.07%
181BRISTOL-MYERS SQUIBB COCELG-RI4,890$312,7450.07%
182SEMPRASREA2,105$306,4670.07%
183DAVITA INCDVA3,029$304,3240.07%
184CISCO SYS INCCSCO5,850$302,7030.07%
185LIBERTY ALL STAR EQUITY FD53015810446,742$302,4230.07%
186CALAMOS GBL DYN INCOME FUND12811L10749,800$299,7960.07%
187PIMCO DYNAMIC INCOME FD72201Y10115,339$287,6100.07%
188STRYKER CORPORATIONSYK935$285,2590.07%
189ISHARES TR4642876141,024$281,6470.07%
190ISHARES TR46432F3392,072$279,3830.06%
191VANGUARD WHITEHALL FDS9219464062,625$278,4340.06%
192NEXPOINT DIVERSIFIED REL ET65340G20522,133$277,1050.06%
193ISHARES TR46435G4252,830$275,8120.06%
194DOUBLELINE INCOME SOLUTIONSDSL23,024$274,2150.06%
195VOYA INFRASTRUCTURE INDLS &92912X10127,400$270,4380.06%
196ISHARES TR4642884142,519$268,8520.06%
197SELECT SECTOR SPDR TR81369Y4071,582$268,6390.06%
198VOYA EMERGING MKTS HIGH DIVI92912P10851,200$267,2640.06%
199NUVEEN CR STRATEGIES INCOMENU52,800$266,6400.06%
200BLACKROCK ENHANCED INTL DIVBLK48,784$265,3850.06%
201NUVEEN GLOBAL HIGH INCOME FDNU23,700$264,7290.06%
202SELECT SECTOR SPDR TR81369Y5063,208$260,3930.06%
203CHOICEONE FINL SVCS INC17038610611,170$256,9100.06%
204EATON VANCE TX ADV GLBL DIVETN15,167$253,2890.06%
205FIRST TR EXCHANGE TRADED FD33734X1762,200$253,0880.06%
206ANNALY CAPITAL MANAGEMENT INNLY-PJ12,440$248,9260.06%
207GLOBAL X FDS37954Y65712,800$248,1920.06%
208PHILIP MORRIS INTL INC7181721092,529$246,8810.06%
209FORD MTR CO DEL34537086016,284$246,3880.06%
210QUALCOMM INCQCOM2,064$245,6060.06%
211INNOVATOR ETFS TRINHD8,200$244,7700.06%
212UNITEDHEALTH GROUP INCUNH504$242,2430.06%
21310X GENOMICS INCTXG4,299$240,0560.06%
214KEMPER CORPKMPB4,944$238,5970.06%
215FIRST TR EXCHNG TRADED FD VI33740U8107,010$237,6390.06%
216PROSHARES TR74348A4672,515$237,1140.05%
217ISHARES TR4642874812,420$233,8680.05%
218ISHARES TR46429B6632,320$233,8340.05%
219PIMCO DYNAMIC INCOME OPRNTS69355M10717,749$231,8040.05%
220AT&T INCT-PC14,400$229,6680.05%
221INVESCO HIG INCM 2023 TARG TIVZ30,800$228,5360.05%
222EATON VANCE TAX-ADVANTAGED GETN9,902$227,3520.05%
223ALTRIA GROUP INCMO4,951$224,2770.05%
224VANGUARD WORLD FD9219107332,845$222,9070.05%
225JOHN HANCOCK HEDGED EQUITY &HEQ20,600$222,0680.05%
226KIMBERLY-CLARK CORPKMB1,596$220,4270.05%
227ISHARES TR4642877052,033$217,7960.05%
228ISHARES GOLD TRIAU5,937$216,0480.05%
229ISHARES TR4642872262,181$213,6290.05%
230ISHARES TR4642874652,888$209,3810.05%
231FIRST TR HIGH INCOME LONG /33738E10918,226$208,5070.05%
232ROCKWELL AUTOMATION INCROK630$207,4420.05%
233BAXTER INTL INC0718131094,532$206,4780.05%
234MACQUARIE / FIRST TR GLOBAL55607W10026,400$205,9200.05%
235INVESCO DB COMMDY INDX TRCKIVZ9,053$205,5040.05%
236INTERNATIONAL BUSINESS MACHSINTR1,519$203,3600.05%
237SPECIAL OPPORTUNITIES FD INC84741T10418,000$201,9600.05%
238BHP GROUP LTDBHPLF3,363$200,6710.05%
239VOYA GLBL ADV & PREM OPP FD92912R10422,950$195,9930.05%
240CERUS CORPCERS78,539$193,2060.04%
241TEKLA WORLD HEALTHCARE FDTHW13,300$186,4660.04%
242NUVEEN CORE EQUITY ALPHA FDNU14,300$182,4680.04%
243ALLSPRING MULTI SECTOR INCOMERC19,500$180,5700.04%
244EAGLE POINT CREDIT COMPANY IECCW17,745$180,2900.04%
245NUVEEN QUALITY MUNCP INCOMENU15,575$175,5280.04%
246HANCOCK JOHN INVT TR41013P74937,300$174,9370.04%
247TORTOISE PWR & ENERGY INFRAS89147X10412,900$170,4090.04%
248CYTOSORBENTS CORPCTSO44,450$159,5760.04%
249SRH TOTAL RETURN FUND INCSTEW11,800$156,7040.04%
250SOFI TECHNOLOGIES INCSOFI18,678$155,7750.04%
251NUVEEN REAL ASSET INCOME & G67074Y10512,863$146,8960.03%
252WESTERN ASSET HIGH INCOME OPHIO38,369$145,0330.03%
253NEW AMER HIGH INCOME FD INC64187680021,800$144,9700.03%
254NUVEEN PFD & INCOME OPPORTUNNU22,200$143,8560.03%
255PGIM GLOBAL HIGH YIELD FD FO69346J10612,800$140,4160.03%
256NUVEEN AMT FREE MUN CR INC FNU11,464$134,1320.03%
257EATON VANCE RISK-MANAGED DIVETN15,500$127,4100.03%
258GEO GROUP INC NEWGEO17,375$124,4050.03%
259WESTERN ASSET HIGH INCOM FD95766J10225,200$122,9760.03%
260EATON VANCE SR INCOME TRETN21,200$115,7520.03%
261PIONEER DIVERSIFIED HIGH INC72365310111,200$113,1200.03%
262DUFF & PHELPS UTLITY AND INF26433C10511,509$111,9820.03%
263FIRST TR ABRDN GBL OPP INCM33731910717,500$108,8550.03%
264BLACKROCK RES & COMMODITIESBLK11,854$107,5160.02%
265FIRST TR MLP & ENERGY INCOM33739B10413,800$106,3980.02%
266FIRST TR SPECIALTY FIN & FIN33733G10930,750$100,2450.02%
267NUVEEN PFD & INCOME SECS FDNU14,326$91,4000.02%
268HIGH INCOME SECS FD42968F10813,000$84,2400.02%
269FST TR NEW OPPORT MLP & ENEFSTWF13,800$83,0760.02%
270LIBERTY ALL-STAR GROWTH FD I52990010214,870$80,4470.02%
271VIRTUS TOTAL RETURN FD INC92835W10710,956$66,6120.02%
272INVESCO SR INCOME TRIVZ10,000$38,5000.01%
273FEMASYS INCFEMY47,055$23,9980.01%
274I-80 GOLD CORPIAUX-WT10,000$22,5220.01%
275ALPHABET INCGOOG300$12,4500.00%
276PARAMOUNT GLOBAL92556H2062,500$11,0000.00%
277SPECTRUM PHARMACEUTICALS INC84763A10810,000$9,6000.00%
278ALIBABA GROUP HLDG LTDBBAAY900$9,1910.00%
279GENERAL MTRS CO37045V1001,500$5,6760.00%
280KRANESHARES TR500767306800$5,3600.00%
281AMAZON COM INCAMZN100$4,7600.00%
282CYTOSORBENTS CORPCTSO5,000$3,2500.00%
283MICRON TECHNOLOGY INCMU400$3,0100.00%
284CITIGROUP INCC-PR800$2,9520.00%
285EXXON MOBIL CORPXOM100$5150.00%