Institutional Manager · CIK 0001667134
CWA Asset Management Group, LLC
NAPLES, FL · File #028-17349
Latest AUM
$2.77B
Positions
643
Top-10 Concentration
50.2%
Filings
8
Portfolio Value Over Time
2023-12
2024-03
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| NEW | GOLD ROYALTY CORP | GROY-WT | +3,942,457 | +$15.9M | $0 |
| REDUCE | RANGE RES CORP | RRC | -376,174 | -$13.3M | -$924,780 |
| NEW | RELIANCE INC | RS | +35,647 | +$10.3M | $0 |
| NEW | CORE LABORATORIES INC | CLB | +622,453 | +$10.0M | $0 |
| REDUCE | ICL GROUP LTD | ICL | -1,569,399 | -$9.0M | -$825,853 |
| REDUCE | DOLLAR TREE INC | DLTR | -65,674 | -$8.1M | +$2.0M |
| REDUCE | WINMARK CORP | WINA | -19,146 | -$7.8M | -$1.9M |
| ADD | BANK NEW YORK MELLON CORP | 064058100 | +62,334 | +$7.2M | +$30,595 |
| ADD | ALAMOS GOLD INC NEW | AGI | +178,529 | +$6.9M | +$376,903 |
| REDUCE | US BANCORP DEL | USB-PS | -126,647 | -$6.8M | +$722,718 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025643 pos · $2.77B
- 13F HOLDINGS REPORTQ/E Sep 2025660 pos · $2.70B
- 13F HOLDINGS REPORTQ/E Jun 2025639 pos · $2.37B
- 13F HOLDINGS REPORTQ/E Mar 2025600 pos · $2.09B
- 13F HOLDINGS REPORTQ/E Dec 2024559 pos · $1.98B
- 13F HOLDINGS REPORTQ/E Sep 2024567 pos · $1.88B
- 13F HOLDINGS REPORTQ/E Mar 2024533 pos · $1.65B
- 13F HOLDINGS REPORTQ/E Dec 2023355 pos · $1.35B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 990,424 | $184.7M | 11.45% |
| 2 | APPLE INC | AAPL | 557,270 | $151.5M | 9.39% |
| 3 | MICROSOFT CORP | MSFT | 205,832 | $99.5M | 6.17% |
| 4 | ISHARES TR | 464287457 | 858,478 | $71.1M | 4.41% |
| 5 | SPDR GOLD TR | GLD | 166,931 | $66.2M | 4.10% |
| 6 | AMAZON COM INC | AMZN | 250,687 | $57.9M | 3.59% |
| 7 | ALPHABET INC | GOOG | 157,692 | $49.5M | 3.07% |
| 8 | ORLA MNG LTD NEW | 68634K106 | 3,371,814 | $45.4M | 2.81% |
| 9 | SPDR SERIES TRUST | 78468R663 | 462,029 | $42.2M | 2.62% |
| 10 | ALPHABET INC | GOOG | 132,172 | $41.4M | 2.56% |
| 11 | CAPITOL SER TR | 14064D444 | 1,563,997 | $39.7M | 2.46% |
| 12 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 77,440 | $38.9M | 2.41% |
| 13 | VANGUARD SCOTTSDALE FDS | 92206C870 | 434,549 | $36.4M | 2.26% |
| 14 | META PLATFORMS INC | META | 54,282 | $35.8M | 2.22% |
| 15 | VANGUARD INDEX FDS | 922908769 | 98,661 | $33.1M | 2.05% |
| 16 | FRANCO NEV CORP | FNV | 154,592 | $32.0M | 1.99% |
| 17 | JPMORGAN CHASE & CO. | VYLD | 98,703 | $31.8M | 1.97% |
| 18 | COSTCO WHSL CORP NEW | 22160K105 | 34,618 | $29.9M | 1.85% |
| 19 | BROADCOM INC | AVGO | 77,434 | $26.8M | 1.66% |
| 20 | FTI CONSULTING INC | FCN | 155,109 | $26.5M | 1.64% |