Institutional Manager · CIK 0002045735

NWF Advisory Services Inc.

Los Angeles, CA · File #028-25587

Latest AUM

$424.8M

Positions

292

Top-10 Concentration

50.5%

Filings

Portfolio Value Over Time

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
REDUCE	AMAZON COM INC	AMZN	-65,424	-$2.9M	-$5.7M
NEW	PACER FDS TR	69374H857	+50,053	+$2.1M	$0
REDUCE	MICRON TECHNOLOGY INC	MU	-20,685	-$1.4M	+$658,700
EXITED	ISHARES TR	464287432	-13,310	-$1.4M	$0
ADD	DISNEY WALT CO	254687106	+15,149	+$1.2M	-$296,175
ADD	EXXON MOBIL CORP	XOM	+9,908	+$1.2M	+$11,244
ADD	INVESCO QQQ TR	IVZ	+2,976	+$1.1M	-$173,469
ADD	J P MORGAN EXCHANGE TRADED F	46641Q332	+18,383	+$984,594	-$283,647
EXITED	VANECK ETF TRUST	92189F106	-32,209	-$969,809	$0
REDUCE	ISHARES TR	464287176	-8,160	-$846,354	-$115,558

Sector Allocation

Technology

8.7%$37.1M

Financials

7.3%$30.8M

Consumer Discretionary

2.9%$12.3M

2.0%$8.4M

1.6%$6.9M

1.6%$6.7M

0.6%$2.6M

Communication Services

0.5%$2.2M

Real Estate

0.1%$590,787

Materials

0.1%$242,064

Filing History

Dec 8, 202513F HOLDINGS REPORTQ/E Dec 2025292 pos · $424.8M
Dec 8, 202513F HOLDINGS REPORTQ/E Dec 2025284 pos · $431.0M
Dec 8, 202513F HOLDINGS REPORTQ/E Dec 2025303 pos · $502.4M
Dec 8, 202513F HOLDINGS REPORTQ/E Dec 2025285 pos · $431.6M
Oct 31, 202513F HOLDINGS REPORTQ/E Sep 2025419 pos · $911.3M
Oct 6, 202513F HOLDINGS REPORTQ/E Sep 2025344 pos · $687.8M
Oct 6, 202513F HOLDINGS REPORTQ/E Sep 2025326 pos · $628.6M
Oct 6, 202513F HOLDINGS REPORTQ/E Sep 2025336 pos · $598.8M
Sep 9, 202513F HOLDINGS REPORTQ/E Sep 2025419 pos · $838.5M
Aug 12, 202513F HOLDINGS REPORTQ/E Jun 2025365 pos · $712.1M
May 14, 202513F HOLDINGS REPORTQ/E Mar 2025282 pos · $682.8M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	APPLE INC	AAPL	135,897	$23.3M	7.53%
2	BERKSHIRE HATHAWAY INC DEL	BRK-A	65,655	$23.0M	7.44%
3	VANGUARD INDEX FDS	922908363	58,455	$23.0M	7.43%
4	SPDR SER TR	78464A763	175,871	$20.2M	6.55%
5	SELECT SECTOR SPDR TR	81369Y803	111,746	$18.3M	5.93%
6	COSTCO WHSL CORP NEW	22160K105	18,862	$10.7M	3.45%
7	ISHARES TR	464287200	23,089	$9.9M	3.21%
8	J P MORGAN EXCHANGE TRADED F	46641Q332	178,630	$9.6M	3.10%
9	ALPHABET INC	GOOG	68,841	$9.1M	2.94%
10	BANK AMERICA CORP	060505104	324,781	$8.9M	2.88%
11	AMAZON COM INC	AMZN	62,117	$7.9M	2.56%
12	MICRON TECHNOLOGY INC	MU	113,198	$7.7M	2.49%
13	VISA INC	V	33,189	$7.6M	2.47%
14	ISHARES TR	464287150	79,654	$7.5M	2.43%
15	INVESCO QQQ TR	IVZ	18,534	$6.6M	2.15%
16	VANGUARD INDEX FDS	922908736	22,398	$6.1M	1.97%
17	CITIGROUP INC	C-PR	147,085	$6.0M	1.96%
18	GENERAL MTRS CO	37045V100	181,939	$6.0M	1.94%
19	PARAMOUNT GLOBAL	92556H206	390,860	$5.0M	1.63%
20	AMERICAN EXPRESS CO	AXP	33,578	$5.0M	1.62%