Skip to content
Disclosery

NDWM LLC

Follow

13F filer, CIK 1818386, LA JOLLA, CA

NDWM LLC reported $136,565,177 across 31 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-07-31. Its ten largest share positions make up 84.81% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-25-004375

Period
2025-06-30
Reported value
$137M
Holdings
31
Top 10 weight
84.81%
New
3
Sold out
5

Largest buys vs the previous quarter

SecurityShares changeApprox. value
SPYadded+36,440$22.5M
GLDadded+14,335$4.37M
CMFadded+52,893$2.95M
VTECnew+24,955$2.44M
CALInew+37,169$1.88M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
BILreduced-36,233-$3.32M
BILSreduced-27,757-$2.76M
EQLexited-15,731-$1.98M
PHYSexited-19,065-$459K
IWNexited-1,561-$236K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2025

Share positions as resolved from 13F-HR 0001085146-25-004375, largest first. % of portfolio is the value over $136,565,177, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
IVVISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 69,932 shares; 2024Q4: 69,247 shares; 2025Q1: 65,696 shares; 2025Q2: 66,824 shares 66,824$41.5M30.38%+1,128Timeline
SPYSTATE STR SPDR S&P 500 ETF TQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,191 shares; 2024Q4: 19,834 shares; 2025Q1: 6,058 shares; 2025Q2: 42,498 shares 42,498$26.3M19.23%+36,440Timeline
BILSSPDR SERIES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 184,427 shares; 2024Q4: 165,048 shares; 2025Q1: 167,836 shares; 2025Q2: 140,079 shares 140,079$13.9M10.2%-27,757Timeline
BILSPDR SERIES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 175,468 shares; 2024Q4: 121,819 shares; 2025Q1: 117,893 shares; 2025Q2: 81,660 shares 81,660$7.49M5.49%-36,233Timeline
RSPINVESCO EXCHANGE TRADED FD TQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 35,351 shares; 2024Q4: 35,608 shares; 2025Q1: 36,826 shares; 2025Q2: 36,820 shares 36,820$6.69M4.9%-6Timeline
GLDSPDR GOLD TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,546 shares; 2024Q4: 3,545 shares; 2025Q1: 4,860 shares; 2025Q2: 19,195 shares 19,195$5.85M4.28%+14,335Timeline
CMFISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,438 shares; 2024Q4: 12,495 shares; 2025Q1: 43,571 shares; 2025Q2: 96,464 shares 96,464$5.38M3.94%+52,893Timeline
BRK-BBERKSHIRE HATHAWAY INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,867 shares; 2024Q4: 5,867 shares; 2025Q1: 6,273 shares; 2025Q2: 7,152 shares 7,152$3.47M2.54%+879Timeline
AGGISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,499 shares; 2024Q4: 16,244 shares; 2025Q1: 26,882 shares; 2025Q2: 28,494 shares 28,494$2.83M2.07%+1,612Timeline
VTECVANGUARD CALIF TAX FREE FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 24,955 shares 24,955$2.44M1.78%newTimeline
NOWSERVICENOW INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,415 shares; 2024Q4: 2,415 shares; 2025Q1: 2,549 shares; 2025Q2: 2,349 shares 2,349$2.41M1.77%-200Timeline
XLKSELECT SECTOR SPDR TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 18,627 shares; 2024Q4: 17,572 shares; 2025Q1: 7,965 shares; 2025Q2: 7,750 shares 7,750$1.96M1.44%-215Timeline
CALIBLACKROCK ETF TRUST IIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 37,169 shares 37,169$1.88M1.37%newTimeline
SUBISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 5,289 shares; 2025Q2: 16,907 shares 16,907$1.8M1.32%+11,618Timeline
MUBISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 5,337 shares; 2025Q2: 15,808 shares 15,808$1.65M1.21%+10,471Timeline
SHYISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 21,096 shares; 2024Q4: 17,533 shares; 2025Q1: 19,491 shares; 2025Q2: 19,505 shares 19,505$1.62M1.18%+14Timeline
SLQDISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 29,089 shares; 2024Q4: 18,685 shares; 2025Q1: 29,407 shares; 2025Q2: 29,038 shares 29,038$1.47M1.08%-369Timeline
QQQINVESCO QQQ TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,128 shares; 2024Q4: 5,765 shares; 2025Q1: 2,065 shares; 2025Q2: 2,151 shares 2,151$1.19M0.87%+86Timeline
TSLATESLA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,533 shares; 2024Q4: 3,563 shares; 2025Q1: 3,462 shares; 2025Q2: 3,503 shares 3,503$1.11M0.81%+41Timeline
SHYGISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,331 shares; 2024Q4: 6,343 shares; 2025Q1: 19,403 shares; 2025Q2: 19,673 shares 19,673$849K0.62%+270Timeline
AAPLAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,318 shares; 2024Q4: 3,320 shares; 2025Q1: 3,364 shares; 2025Q2: 3,386 shares 3,386$695K0.51%+22Timeline
NYFISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,583 shares; 2024Q4: 12,583 shares; 2025Q1: 12,583 shares; 2025Q2: 12,583 shares 12,583$656K0.48%0Timeline
NTSXWISDOMTREE TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 15,042 shares; 2024Q4: 15,045 shares; 2025Q1: 13,828 shares; 2025Q2: 12,347 shares 12,347$618K0.45%-1,481Timeline
SPYDSPDR SERIES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 11,982 shares; 2025Q2: 12,015 shares 12,015$510K0.37%+33Timeline
PZTINVESCO EXCH TRADED FD TR IIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 29,390 shares; 2024Q4: 29,390 shares; 2025Q1: 29,390 shares; 2025Q2: 20,161 shares 20,161$436K0.32%-9,229Timeline
IEIISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,863 shares; 2024Q4: not reported; 2025Q1: 3,492 shares; 2025Q2: 3,501 shares 3,501$417K0.31%+9Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 838 shares; 2024Q4: 836 shares; 2025Q1: 836 shares; 2025Q2: 837 shares 837$416K0.3%+1Timeline
DDOMINION ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 5,500 shares 5,500$311K0.23%newTimeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 373 shares; 2025Q2: 379 shares 379$279K0.2%+6Timeline
BABOEING COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,227 shares; 2025Q1: 1,227 shares; 2025Q2: 1,227 shares 1,227$257K0.19%0Timeline
LLYELI LILLY & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 286 shares; 2024Q4: 270 shares; 2025Q1: 270 shares; 2025Q2: 270 shares 270$210K0.15%0Timeline

Sold out in Q2 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
EQLALPS ETF TR15,731$1.98Mshares
PHYSSPROTT ASSET MANAGEMENT LP19,065$459Kshares
IWNISHARES TR1,561$236Kshares
XLESELECT SECTOR SPDR TR2,279$213Kshares
IJSISHARES TR2,083$203Kshares

How Q2 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001085146-25-004375 base2025-07-31acceptance time not in the bulk data set