NWF Advisory Services Inc.

13F filer, CIK 2045735, Los Angeles, CA

NWF Advisory Services Inc. reported $712,085,588 across 365 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-08-12. Its ten largest share positions make up 32.92% of the portfolio.

Filed 2025-08-12 (acceptance time not in the bulk data set), ingested 2026-10-07 18:23:11 UTC13F-HR 0001667731-25-001092

Period: 2025-03-31
Reported value: $712M
Holdings: 365
Top 10 weight: 32.92%
New: 149
Sold out: 66

Largest buys vs the previous quarter

Security	Shares change	Approx. value
YYYnew	+544,395	$6.21M
CGMSnew	+178,762	$4.88M
CGSDnew	+182,365	$4.71M
KYNnew	+320,161	$4.11M
QYLDadded	+245,093	$4.08M

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

Security	Shares change	Approx. value
AAPLreduced	-34,845	-$7.74M
FLDRreduced	-80,183	-$4.02M
XLCexited	-29,389	-$2.85M
NVDAreduced	-24,424	-$2.65M
AMZNreduced	-13,323	-$2.53M

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, Q1 2025

Share positions as resolved from 13F-HR 0001667731-25-001092, largest first. % of portfolio is the value over $711,926,348, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
BRK-BBERKSHIRE HATHAWAY INC DEL	76,015	$40.5M	5.69%	-4,146	Timeline
VOOVANGUARD INDEX FDS	68,354	$35.1M	4.93%	+542	Timeline
AAPLAPPLE INC	130,950	$29.1M	4.09%	-34,845	Timeline
XLKSELECT SECTOR SPDR TR	135,040	$27.9M	3.92%	+583	Timeline
SDYSPDR SERIES TRUST	182,039	$24.7M	3.47%	-5,433	Timeline
COSTCOSTCO WHOLESALE CORPORATION	21,586	$20.4M	2.87%	-333	Timeline
BABAALIBABA GROUP HLDG LTD	109,859	$14.5M	2.04%	-13,100	Timeline
IVVISHARES TR	25,725	$14.5M	2.03%	+445	Timeline
AMZNAMAZON COM INC	73,548	$14M	1.97%	-13,323	Timeline
MGKVANGUARD WORLD FD	44,330	$13.7M	1.92%	-7	Timeline
ITOTISHARES TR	109,549	$13.4M	1.88%	+4,040	Timeline
VIGVANGUARD SPECIALIZED FUNDS	63,384	$12.3M	1.73%	-2,017	Timeline
GOOGALPHABET INC	78,587	$12.3M	1.72%	-2,851	Timeline
VUGVANGUARD INDEX FDS	32,292	$12M	1.68%	-423	Timeline
VVISA INC	33,952	$11.9M	1.67%	-2,889	Timeline
JEPIJ P MORGAN EXCHANGE TRADED F	195,398	$11.2M	1.57%	-5,962	Timeline
BACBANK OF AMER CORP	260,411	$10.9M	1.53%	-31,157	Timeline
CCITIGROUP INC	148,139	$10.5M	1.48%	-16,376	Timeline
AXPAMERICAN EXPRESS CO	36,803	$9.9M	1.39%	-1,996	Timeline
OXYOCCIDENTAL PETE CORP	190,478	$9.4M	1.32%	-7,098	Timeline
MUMICRON TECHNOLOGY INC	98,445	$8.55M	1.2%	-4,457	Timeline
GMGENERAL MTRS CO	164,814	$7.75M	1.09%	-23,305	Timeline
VTIVANGUARD INDEX FDS	26,342	$7.24M	1.02%	+288	Timeline
VGTVANGUARD WORLD FD	13,237	$7.18M	1.01%	-720	Timeline
QQQINVESCO QQQ TR	13,974	$6.55M	0.92%	-4,810	Timeline
MSFTMICROSOFT CORP	17,301	$6.49M	0.91%	-1,569	Timeline
DISDISNEY WALT CO	64,885	$6.4M	0.9%	-9,416	Timeline
SPYSTATE STR SPDR S&P 500 ETF T	11,276	$6.31M	0.89%	+292	Timeline
YYYAMPLIFY ETF TR	544,395	$6.21M	0.87%	new	Timeline
AMRALPHA METALLURGICAL RESOUR I	49,551	$6.21M	0.87%	+7,217	Timeline
WMTWALMART INC	68,424	$6.01M	0.84%	-9,616	Timeline
VTVANGUARD INTL EQUITY INDEX F	49,510	$5.74M	0.81%	-349	Timeline
GSLCGOLDMAN SACHS ETF TR	51,791	$5.7M	0.8%	+4,514	Timeline
JEPQJ P MORGAN EXCHANGE TRADED F	102,986	$5.33M	0.75%	+28,241	Timeline
MKLMARKEL GROUP INC	2,842	$5.31M	0.75%	-316	Timeline
XLPSELECT SECTOR SPDR TR	62,862	$5.13M	0.72%	-784	Timeline
CGMSCAPITAL GRP FIXED INCM ETF T	178,762	$4.88M	0.69%	new	Timeline
NVDANVIDIA CORPORATION	44,328	$4.8M	0.67%	-24,424	Timeline
CGSDCAPITAL GRP FIXED INCM ETF T	182,365	$4.71M	0.66%	new	Timeline
GLDSPDR GOLD TR	16,249	$4.68M	0.66%	-2,000	Timeline
QYLDGLOBAL X FDS	277,310	$4.61M	0.65%	+245,093	Timeline
IWMISHARES TR	22,617	$4.51M	0.63%	-182	Timeline
FLDRFIDELITY MERRIMACK STR TR	84,109	$4.22M	0.59%	-80,183	Timeline
XLESELECT SECTOR SPDR TR	45,070	$4.21M	0.59%	-3,427	Timeline
KYNKAYNE ANDERSON ENERGY INFRST	320,161	$4.11M	0.58%	new	Timeline
JPMJPMORGAN CHASE & CO	15,694	$3.85M	0.54%	-1,339	Timeline
SCHDSCHWAB STRATEGIC TR	135,220	$3.78M	0.53%	new	Timeline
SLVISHARES SILVER TR	121,015	$3.75M	0.53%	+1,352	Timeline
URAGLOBAL X FDS	157,013	$3.6M	0.51%	new	Timeline
CGGRCAPITAL GROUP GROWTH ETF	96,589	$3.31M	0.46%	+3,717	Timeline
TSLATESLA INC	11,812	$3.06M	0.43%	-706	Timeline
QQQMINVESCO EXCH TRADED FD TR II	15,729	$3.04M	0.43%	new	Timeline
CNRCORE NATURAL RESOURCES INC	38,805	$2.99M	0.42%	new	Timeline
VOVANGUARD INDEX FDS	11,112	$2.87M	0.4%	-97	Timeline
XYLDGLOBAL X FDS	72,559	$2.87M	0.4%	new	Timeline
WFCWELLS FARGO & CO	39,575	$2.84M	0.4%	-3,244	Timeline
KOCOCA COLA CO	39,472	$2.83M	0.4%	-9,645	Timeline
GEGE AEROSPACE	13,644	$2.73M	0.38%	+2,364	Timeline
GOOGLALPHABET INC	16,876	$2.61M	0.37%	-5,410	Timeline
BSTBLACKROCK SCIENCE & TECHNOLO	75,000	$2.47M	0.35%	new	Timeline
BUFRFIRST TR EXCHNG TRADED FD VI	83,100	$2.47M	0.35%	+70,053	Timeline
METAMETA PLATFORMS INC	4,141	$2.39M	0.34%	+768	Timeline
VTVVANGUARD INDEX FDS	13,490	$2.33M	0.33%	-472	Timeline
OEFISHARES TR	8,562	$2.32M	0.33%	+214	Timeline
VYMIVANGUARD WHITEHALL FDS	31,057	$2.29M	0.32%	-291	Timeline
SAPSAP SE	7,686	$2.06M	0.29%	new	Timeline
IUSVISHARES TR	22,340	$2.06M	0.29%	-921	Timeline
EIPIFIRST TR EXCHNG TRADED FD VI	99,435	$2.02M	0.28%	new	Timeline
ABBVABBVIE INC	9,565	$2M	0.28%	-1,407	Timeline
EFAISHARES TR	23,305	$1.9M	0.27%	-1,018	Timeline
SCHBSCHWAB STRATEGIC TR	84,711	$1.82M	0.26%	+600	Timeline
IDVISHARES TR	58,408	$1.81M	0.25%	-3,902	Timeline
ARKWARK ETF TR	19,023	$1.8M	0.25%	+2,397	Timeline
AMGNAMGEN INC	5,760	$1.79M	0.25%	-1,473	Timeline
XOMEXXON MOBIL CORP	14,969	$1.78M	0.25%	+231	Timeline
NFLXNETFLIX INC.	1,898	$1.77M	0.25%	+10	Timeline
IYHISHARES TR	28,632	$1.74M	0.24%	+1,479	Timeline
SPTMSPDR SERIES TRUST	25,622	$1.74M	0.24%	0	Timeline
NOCNORTHROP GRUMMAN CORP	3,347	$1.71M	0.24%	-75	Timeline
ABRDN GLOBAL PREMIER PPTYS FABRDN GLOBAL PREMIER PPTYS F	425,825	$1.65M	0.23%	new
VHTVANGUARD WORLD FD	6,222	$1.65M	0.23%	+303	Timeline
USMVISHARES TR	17,242	$1.61M	0.23%	+7,444	Timeline
HQHABRDN HEALTHCARE INVESTORS	98,681	$1.6M	0.23%	new	Timeline
MMM3M CO	10,747	$1.58M	0.22%	+8,937	Timeline
CVXCHEVRON CORPORATION	9,425	$1.58M	0.22%	-4,991	Timeline
HGLBHIGHLAND GLOBAL ALLOCATION F	187,731	$1.56M	0.22%	new	Timeline
RYLDGLOBAL X FDS	102,536	$1.55M	0.22%	new	Timeline
RSPINVESCO EXCHANGE TRADED FD T	8,508	$1.47M	0.21%	new	Timeline
KNGFIRST TR EXCHANGE-TRADED FD	28,450	$1.44M	0.2%	+15,152	Timeline
IGRCBRE GBL REAL ESTATE INC FD	276,100	$1.42M	0.2%	new	Timeline
DIASTATE STR SPDR DOW JONES IND	3,366	$1.41M	0.2%	-2,245	Timeline
FAXABRDN ASIA PACIFIC INCOME FU	88,380	$1.39M	0.19%	new	Timeline
WIWWESTERN AST INFL LKD OPP & I	156,450	$1.38M	0.19%	new	Timeline
DJIAGLOBAL X FDS	62,250	$1.37M	0.19%	new	Timeline
HDHOME DEPOT INC	3,672	$1.35M	0.19%	-137	Timeline
ABTABBOTT LABORATORIES	9,507	$1.26M	0.18%	-812	Timeline
XLFSELECT SECTOR SPDR TR	24,890	$1.24M	0.17%	-1,585	Timeline
BHKBLACKROCK CORE BD TR	110,050	$1.19M	0.17%	new	Timeline
VDEVANGUARD WORLD FD	9,044	$1.17M	0.16%	+209	Timeline
JMUBJ P MORGAN EXCHANGE TRADED F	23,420	$1.17M	0.16%	-6,164	Timeline
NEENEXTERA ENERGY INC	16,505	$1.17M	0.16%	+9,225	Timeline
GSIEGOLDMAN SACHS ETF TR	32,668	$1.16M	0.16%	-2,607	Timeline
UTFCOHEN & STEERS INFRASTRUCTUR	45,249	$1.16M	0.16%	new	Timeline
IFRAISHARES TR	23,950	$1.08M	0.15%	+1,162	Timeline
HFROHIGHLAND OPPS & INCOME FD	206,000	$1.07M	0.15%	new	Timeline
XEVVXEATON VANCE LIMITED DURATION	102,750	$1.03M	0.14%	new	Timeline
RQICOHEN & STEERS QUALITY INCOM	79,088	$993K	0.14%	+37,074	Timeline
EODALLSPRING GLOBAL DIVIDEND OP	198,800	$984K	0.14%	new	Timeline
JNJJOHNSON & JOHNSON	5,809	$963K	0.14%	-600	Timeline
XSORXSOURCE CAPITAL	22,899	$951K	0.13%	new	Timeline
ASMLASML HLDG NV	1,428	$946K	0.13%	-200	Timeline
VNQVANGUARD INDEX FDS	10,334	$936K	0.13%	+410	Timeline
PFEPFIZER INC	36,494	$925K	0.13%	-5,994	Timeline
BBARRICK MNG CORP	47,192	$917K	0.13%	new	Timeline
PGPROCTER & GAMBLE CO	5,378	$917K	0.13%	-966	Timeline
IYYISHARES TR	6,530	$889K	0.12%	+48	Timeline
PEPPEPSICO INC	5,887	$883K	0.12%	+384	Timeline
RVTROYCE SMALL CAP TRUST INC	60,375	$860K	0.12%	+37,321	Timeline
IJRISHARES TR	8,204	$858K	0.12%	+1,163	Timeline
SCHVSCHWAB STRATEGIC TR	31,980	$850K	0.12%	new	Timeline
AVKADVENT CONV & INCOME FD	72,951	$841K	0.12%	new	Timeline
SCHGSCHWAB STRATEGIC TR	33,058	$828K	0.12%	new	Timeline
UTGREAVES UTIL INCOME FD	25,240	$821K	0.12%	new	Timeline
XLISELECT SECTOR SPDR TR	6,144	$805K	0.11%	+169	Timeline
LLYELI LILLY & CO	972	$803K	0.11%	+129	Timeline
DUKDUKE ENERGY CORP NEW	6,492	$792K	0.11%	+525	Timeline
BMEZBLACKROCK HEALTH SCIENCES TE	53,109	$791K	0.11%	new	Timeline
HIXWESTERN ASSET HIGH INCOM FD	188,100	$786K	0.11%	new	Timeline
HONHONEYWELL INTL INC	3,683	$780K	0.11%	+593	Timeline
CLCOLGATE PALMOLIVE CO	8,211	$769K	0.11%	-1,865	Timeline
MCNXAI MADISON EQUITY PREMIUM I	122,800	$753K	0.11%	new	Timeline
IBMINTERNATIONAL BUSINESS MACHS	2,974	$739K	0.1%	+720	Timeline
OBDCBLUE OWL CAPITAL CORPORATION	49,662	$728K	0.1%	+7,101	Timeline
LDURPIMCO ETF TR	7,553	$725K	0.1%	+946	Timeline
MRKMERCK & CO INC	8,073	$725K	0.1%	-501	Timeline
JAAAJANUS DETROIT STR TR	14,176	$719K	0.1%	-9,080	Timeline
BLKBLACKROCK INC	738	$698K	0.1%	-14	Timeline
PEYINVESCO EXCHANGE TRADED FD T	32,359	$695K	0.1%	+452	Timeline
FEPFIRST TR EXCH TRD ALPHDX FD	16,830	$687K	0.1%	new	Timeline
ACPABRDN INCOME CREDIT STRATEGI	116,186	$684K	0.1%	new	Timeline
CWCURTISS WRIGHT CORP	2,154	$683K	0.1%	-7	Timeline
XAODXABRDN TOTAL DYNAMIC DIVIDEND	80,700	$677K	0.1%	new	Timeline
EEMISHARES TR	15,350	$671K	0.09%	-1,135	Timeline
XETYXEATON VANCE TAX-MANAGED DIVE	46,999	$670K	0.09%	new	Timeline
RIVRIVERNORTH OPPORTUNITIES FD	56,227	$663K	0.09%	new	Timeline
MINTPIMCO ETF TR	6,587	$663K	0.09%	-151	Timeline
XIAEXVOYA ASIA PAC HIGH DIV EQT I	107,250	$662K	0.09%	new	Timeline
XEXGXEATON VANCE TAX-MANAGED GLOB	80,925	$659K	0.09%	new	Timeline
CSQCALAMOS STRATEGIC TOTAL RETU	40,134	$649K	0.09%	new	Timeline
CFAVICTORY PORTFOLIOS II	7,659	$647K	0.09%	new	Timeline
RMTROYCE MICRO-CAP TR INC	76,179	$642K	0.09%	+54,800	Timeline
PTYPIMCO CORPORATE & INCOME OPP	44,133	$638K	0.09%	+15,405	Timeline
AVUVAMERICAN CENTY ETF TR	7,318	$638K	0.09%	-268	Timeline
CSCOCISCO SYS INC	10,051	$620K	0.09%	+1,309	Timeline
BIZDVANECK ETF TRUST	36,319	$609K	0.09%	+10,335	Timeline
XIGDXVOYA GLBL EQTY DIV & PREM OP	100,500	$580K	0.08%	new	Timeline
TDYTELEDYNE TECHNOLOGIES INC	1,160	$577K	0.08%	0	Timeline
AMDADVANCED MICRO DEVICES INC	5,618	$577K	0.08%	+616	Timeline
AMLPALPS ETF TR	11,053	$574K	0.08%	new	Timeline
PFFAETFIS SER TR I	26,773	$568K	0.08%	-6,092	Timeline
MAMASTERCARD INCORPORATED	1,028	$563K	0.08%	-782	Timeline
VDCVANGUARD WORLD FD	2,560	$560K	0.08%	+57	Timeline
SBUXSTARBUCKS CORP	5,678	$557K	0.08%	-5,700	Timeline
ARDCARES DYNAMIC CR ALLOCATION F	39,250	$554K	0.08%	new	Timeline
CRMSALESFORCE INC	2,060	$553K	0.08%	-624	Timeline
PWZINVESCO EXCH TRADED FD TR II	23,151	$552K	0.08%	-17,507	Timeline
CGBLCAPITAL GROUP CORE BALANCED	17,815	$552K	0.08%	+3,025	Timeline
BABOEING CO	3,187	$543K	0.08%	+604	Timeline
EMXCISHARES INC	9,761	$538K	0.08%	new	Timeline
XFOFXCOHEN & STEERS CLOSED-END	43,400	$524K	0.07%	new	Timeline
XNROXNEUBERGER R/EST SECS INC FD	158,206	$522K	0.07%	+148,206	Timeline
IWFISHARES TR	1,445	$522K	0.07%	+60	Timeline
VZVERIZON COMMUNICATIONS INC	11,456	$520K	0.07%	-37,969	Timeline
TRVTRAVELERS COMPANIES INC	1,950	$516K	0.07%	-32	Timeline
BXBLACKSTONE INC	3,682	$515K	0.07%	+350	Timeline
VBVANGUARD INDEX FDS	2,309	$512K	0.07%	-13	Timeline
EFXEQUIFAX INC	2,087	$508K	0.07%	0	Timeline
GGNGAMCO GLOBAL GOLD NAT RES &	116,128	$507K	0.07%	new	Timeline
AIQGLOBAL X FDS	13,550	$493K	0.07%	new	Timeline
LOWLOWES COS INC	2,112	$493K	0.07%	-1	Timeline
GSEPFIRST TR EXCHNG TRADED FD VI	13,850	$478K	0.07%	new	Timeline
FVFIRST TR EXCHANGE TRADED FD	8,596	$472K	0.07%	new	Timeline
PGZPRINCIPAL REAL ESTATE INCOME	44,500	$469K	0.07%	new	Timeline
SMHVANECK ETF TRUST	2,202	$466K	0.07%	-5,392	Timeline
SYKSTRYKER CORPORATION	1,230	$458K	0.06%	-27	Timeline
XLGINVESCO EXCHANGE TRADED FD T	9,914	$456K	0.06%	new	Timeline
IAUISHARES GOLD TR	7,694	$454K	0.06%	-631	Timeline
PARAMOUNT GLOBALPARAMOUNT GLOBAL	37,905	$453K	0.06%	-19,015
PCEFINVESCO EXCH TRADED FD TR II	24,000	$452K	0.06%	new	Timeline
XSCDXLMP CAP & INCOME FD INC	28,288	$451K	0.06%	new	Timeline
DVADAVITA INC	2,835	$434K	0.06%	0	Timeline
BIOBIO RAD LABS INC	1,780	$434K	0.06%	new	Timeline
XLVSELECT SECTOR SPDR TR	2,924	$427K	0.06%	+700	Timeline
CGDVCAPITAL GROUP DIVIDEND VALUE	11,824	$421K	0.06%	+621	Timeline
SGISOMNIGROUP INTERNATIONAL INC	7,000	$419K	0.06%	0	Timeline
QUALISHARES TR	2,447	$418K	0.06%	-1,894	Timeline
JRSNUVEEN REAL ESTATE INCOME FD	50,300	$414K	0.06%	new	Timeline
MAYWAIM ETF PRODUCTS TRUST	13,520	$414K	0.06%	new	Timeline
XBOEXBLACKROCK ENHANCED GLOBAL	37,977	$412K	0.06%	new	Timeline
XLYSELECT SECTOR SPDR TR	2,071	$409K	0.06%	+374	Timeline
NMAINUVEEN MULTI ASSET INCOME FU	34,011	$409K	0.06%	new	Timeline
IWPISHARES TR	3,463	$407K	0.06%	+1,378	Timeline
VBRVANGUARD INDEX FDS	2,181	$406K	0.06%	+419	Timeline
SGOVISHARES TR	4,004	$403K	0.06%	new	Timeline
HCCWARRIOR MET COAL INC	8,425	$402K	0.06%	-1,025	Timeline
PDPINVESCO EXCHANGE TRADED FD T	4,020	$402K	0.06%	new	Timeline
VYMVANGUARD WHITEHALL FDS	3,100	$400K	0.06%	new	Timeline
BMYBRISTOL-MYERS SQUIBB CO	6,539	$399K	0.06%	new	Timeline
ABERDEENABERDEEN	98,328	$396K	0.06%	new
NDIVAMPLIFY ETF TR	13,480	$390K	0.05%	new	Timeline
ESGUISHARES TR	3,192	$389K	0.05%	0	Timeline
PDOPIMCO DYNAMIC INCOME OPRNTS	27,943	$388K	0.05%	-6,731	Timeline
ICSHISHARES TR	7,631	$387K	0.05%	-422	Timeline
LMTLOCKHEED MARTIN CORP	866	$387K	0.05%	+142	Timeline
ECOFIN SUSTAINABLE & SOC IM…ECOFIN SUSTAINABLE & SOC IMP T	34,000	$386K	0.05%	new
HDVISHARES TR	3,182	$385K	0.05%	-768	Timeline
TAT&T INC	13,469	$381K	0.05%	-8,526	Timeline
BDJBLACKROCK ENHANCED EQUITY DI	44,084	$379K	0.05%	new	Timeline
FSKFS KKR CAP CORP	17,638	$370K	0.05%	+7,524	Timeline
IJHISHARES TR	6,146	$359K	0.05%	-2,230	Timeline
FDHYFIDELITY COVINGTON TRUST	7,438	$357K	0.05%	-1,941	Timeline
USALIBERTY ALL STAR EQUITY FD	53,963	$353K	0.05%	new	Timeline
JPCNUVEEN PFD & INCOME OPPORTUN	43,785	$349K	0.05%	new	Timeline
PEVERPURE INC	7,816	$346K	0.05%	0	Timeline
RFICOHEN & STEERS TOTAL RETURN	28,575	$345K	0.05%	new	Timeline
UPSUNITED PARCEL SVCS INC	3,112	$342K	0.05%	-1,025	Timeline
ORCLORACLE CORP	2,443	$342K	0.05%	+208	Timeline
BSTZBLACKROCK SCIENCE & TECHNOLO	19,214	$341K	0.05%	new	Timeline
JFRNUVEEN FLOATING RATE INCOME	40,240	$341K	0.05%	+22,297	Timeline
AVGOBROADCOM INC	2,030	$340K	0.05%	-145	Timeline
VEAVANGUARD TAX-MANAGED FDS	6,676	$339K	0.05%	-252	Timeline
IWDISHARES TR	1,796	$338K	0.05%	+221	Timeline
TYGTORTOISE ENERGY INFRSTRCTR C	7,800	$336K	0.05%	new	Timeline
KMPRKEMPER CORP	4,944	$331K	0.05%	0	Timeline
XAGDXABRDN GLOBAL DYNAMIC DIVIDEN	32,657	$325K	0.05%	new	Timeline
JGHNUVEEN GLOBAL HIGH INCOME FD	24,825	$325K	0.05%	new	Timeline
CBCHUBB LIMITED	1,070	$323K	0.05%	+190	Timeline
ESGVVANGUARD WORLD FD	3,295	$323K	0.05%	new	Timeline
SCHMSCHWAB STRATEGIC TR	12,237	$321K	0.05%	new	Timeline
UNHUNITEDHEALTH GROUP INC	607	$318K	0.04%	-97	Timeline
TIPISHARES TR	2,820	$313K	0.04%	+50	Timeline
LQDISHARES TR	2,872	$312K	0.04%	new	Timeline
THQABRDN HEALTHCARE OPPORTUNITI	15,091	$311K	0.04%	new	Timeline
ARCCARES CAPITAL CORP	14,036	$311K	0.04%	-4,069	Timeline
XBGYXBLACKROCK ENHANCED INTL DIV	55,317	$310K	0.04%	new	Timeline
NFJVIRTUS DIVIDEND INTEREST & P	25,500	$309K	0.04%	new	Timeline
STEWSRH TOTAL RETURN FUND INC	17,800	$307K	0.04%	new	Timeline
CVNACARVANA CO	1,450	$303K	0.04%	0	Timeline
MOALTRIA GROUP INC	5,018	$301K	0.04%	-4,405	Timeline
QJUNFIRST TR EXCHNG TRADED FD VI	11,365	$301K	0.04%	new	Timeline
MDYSTATE STR SPDR S&P MIDCAP 40	562	$300K	0.04%	+1	Timeline
ESMLISHARES TR	7,796	$299K	0.04%	+2,065	Timeline
IDEVOYA INFRASTRUCTURE INDLS &	28,200	$298K	0.04%	new	Timeline
QCOMQUALCOMM INC	1,932	$297K	0.04%	new	Timeline
TPZTORTOISE CAPITAL SERIES TRUS	14,289	$295K	0.04%	new	Timeline
HYGISHARES TR	3,650	$288K	0.04%	-177	Timeline
FJULFIRST TR EXCHNG TRADED FD VI	6,025	$287K	0.04%	+1,575	Timeline
FDXFEDEX CORP	1,155	$282K	0.04%	-105	Timeline
MEGINYLIM CBRE GLOBAL	21,000	$280K	0.04%	new	Timeline
ETWEATON VANCE TAX-MANAGED GLOB	33,600	$277K	0.04%	new	Timeline
ETGEATON VANCE TX ADV GLBL DIV	14,967	$273K	0.04%	new	Timeline
PAXSPIMCO ACCESS INCOME FUND	16,723	$269K	0.04%	-6,288	Timeline
XJQCXNUVEEN CR STRATEGIES INCOME	49,800	$268K	0.04%	new	Timeline
TGTTARGET CORP	2,564	$268K	0.04%	new	Timeline
SPYMSPDR SERIES TRUST	4,065	$267K	0.04%	-539	Timeline
ENBENBRIDGE INC	6,026	$267K	0.04%	-3,572	Timeline
USRTISHARES TR	4,598	$265K	0.04%	0	Timeline
PDIPIMCO DYNAMIC INCOME FD	13,331	$264K	0.04%	-4,944	Timeline
NJANINNOVATOR ETFS TRUST	5,690	$264K	0.04%	new	Timeline
PFLDETF SER SOLUTIONS	13,051	$264K	0.04%	-134	Timeline
KWEBKRANESHARES TRUST	7,510	$262K	0.04%	-6,000	Timeline
OREALTY INCOME CORP	4,476	$260K	0.04%	new	Timeline
CHWCALAMOS GBL DYN INCOME FUND	40,600	$259K	0.04%	new	Timeline
FTCSFIRST TR EXCHANGE-TRADED FD	2,850	$255K	0.04%	new	Timeline
HIOWESTERN ASSET HIGH INCOME OP	63,369	$252K	0.04%	new	Timeline
SRESEMPRA	3,520	$251K	0.04%	-1,384	Timeline
CIBRFIRST TR EXCHANGE-TRADED FD	3,981	$251K	0.04%	new	Timeline
FFEBFIRST TR EXCHNG TRADED FD VI	5,137	$251K	0.04%	+883	Timeline
TLTISHARES TR	2,719	$248K	0.03%	-26,311	Timeline
IHDVOYA EMERGING MKTS HIGH DIVI	46,000	$246K	0.03%	new	Timeline
ITWILLINOIS TOOL WKS INC	990	$246K	0.03%	-9	Timeline
NLYANNALY CAPITAL MANAGEMENT IN	12,021	$244K	0.03%	-1,943	Timeline
TJXTJX COS INC NEW	1,999	$243K	0.03%	-148	Timeline
NZFNUVEEN MUN CR INCOME FD	19,800	$242K	0.03%	new	Timeline
PMAYINNOVATOR ETFS TRUST	6,700	$240K	0.03%	new	Timeline
IVWISHARES TR	2,542	$236K	0.03%	-528	Timeline
VCRVANGUARD WORLD FD	723	$235K	0.03%	0	Timeline
AFLAFLAC INC	2,114	$235K	0.03%	0	Timeline
XLUSELECT SECTOR SPDR TR	2,946	$232K	0.03%	new	Timeline
FCTFIRST TR SR FLTG RATE INCOME	22,830	$231K	0.03%	new	Timeline
COFSCHOICEONE FINANCIA	8,000	$230K	0.03%	-2,316	Timeline
QDECFIRST TR EXCHNG TRADED FD VI	8,773	$229K	0.03%	new	Timeline
MGVVANGUARD WORLD FD	1,768	$228K	0.03%	new	Timeline
ETNEATON CORP PLC	830	$226K	0.03%	-343	Timeline
IGAVOYA GLBL ADV & PREM OPP FD	22,950	$225K	0.03%	new	Timeline
CGUSCAPITAL GROUP CORE EQUITY ET	6,717	$224K	0.03%	-437	Timeline
VFHVANGUARD WORLD FD	1,872	$224K	0.03%	0	Timeline
WMWASTE MGMT INC DEL	958	$222K	0.03%	new	Timeline
IGVISHARES TR	2,482	$221K	0.03%	new	Timeline
SPESPECIAL OPPORTUNITIES FD INC	14,700	$221K	0.03%	new	Timeline
XSEPFIRST TR EXCHNG TRADED FD VI	5,710	$221K	0.03%	new	Timeline
XRNPXCOHEN & STEERS REIT & PFD &	9,902	$219K	0.03%	new	Timeline
KHCKRAFT HEINZ CO	7,173	$218K	0.03%	new	Timeline
FXLFIRST TR EXCHANGE-TRADED FD	1,650	$218K	0.03%	new	Timeline
ASGIABRDN GLOBAL INFRA INCOME FU	11,779	$217K	0.03%	new	Timeline
PMPHILIP MORRIS INTL INC	1,364	$217K	0.03%	-1,356	Timeline
PLTRPALANTIR TECHNOLOGIES INC	2,556	$216K	0.03%	-1,192	Timeline
FDECFIRST TR EXCHNG TRADED FD VI	4,965	$216K	0.03%	-240	Timeline
HAFNHAFNIA LTD	51,796	$215K	0.03%	new	Timeline
JVALJ P MORGAN EXCHANGE TRADED F	5,177	$214K	0.03%	0	Timeline
FJUNFIRST TR EXCHNG TRADED FD VI	4,280	$214K	0.03%	-450	Timeline
COPCONOCOPHILLIPS	2,017	$212K	0.03%	-174	Timeline
SHOPSHOPIFY INC	2,217	$212K	0.03%	-1,919	Timeline
ITAISHARES TR	1,377	$211K	0.03%	-322	Timeline
MLPXGLOBAL X FDS	3,300	$211K	0.03%	new	Timeline
SOFISOFI TECHNOLOGIES INC	18,100	$211K	0.03%	new	Timeline
CMICUMMINS INC	668	$209K	0.03%	-142	Timeline
GILDGILEAD SCIENCES INC	1,863	$209K	0.03%	-372	Timeline
QMARFIRST TR EXCHNG TRADED FD VI	7,375	$209K	0.03%	new	Timeline
IJJISHARES TR	1,736	$208K	0.03%	0	Timeline
FSEPFIRST TR EXCHNG TRADED FD VI	4,645	$207K	0.03%	-225	Timeline
QSPTFIRST TR EXCHNG TRADED FD VI	7,800	$207K	0.03%	new	Timeline
MUBISHARES TR	1,953	$206K	0.03%	new	Timeline
MPCMARATHON PETE CORP	1,412	$206K	0.03%	-400	Timeline
ESGDISHARES TR	2,508	$205K	0.03%	new	Timeline
FNDFSCHWAB STRATEGIC TR	5,617	$203K	0.03%	new	Timeline
VISVANGUARD WORLD FD	817	$202K	0.03%	new	Timeline
FOCTFIRST TR EXCHNG TRADED FD VI	4,825	$200K	0.03%	-375	Timeline
RSPTINVESCO EXCHANGE TRADED FD T	5,850	$200K	0.03%	new	Timeline
HEQJOHN HANCOCK DIVERSIFIED INC	19,200	$200K	0.03%	new	Timeline
JCENUVEEN CORE EQUITY ALPHA FD	13,600	$198K	0.03%	new	Timeline
LOOPLOOP INDS INC	167,616	$193K	0.03%	0	Timeline
DSLDOUBLELINE INCOME SOLUTIONS	14,616	$184K	0.03%	+3,102	Timeline
MMUWESTERN ASSET MANAGED MUNS F	17,900	$184K	0.03%	new	Timeline
FFORD MTR CO	18,153	$182K	0.03%	+4,185	Timeline
MUCBLACKROCK MUNIHLDNGS CALI	16,886	$181K	0.03%	+5,156	Timeline
JRINUVEEN REAL ASSET INCOME & G	12,213	$158K	0.02%	new	Timeline
THWABRDN WORLD HEALTHCARE FUND	12,400	$143K	0.02%	new	Timeline
NUVEEN CALIFORNIA SELECT TA…NUVEEN CALIFORNIA SELECT TAX-F	10,655	$141K	0.02%	new
PIONEER DIVERSIFIED HIGH IN…PIONEER DIVERSIFIED HIGH INCOM	11,200	$134K	0.02%	new
BCXBLACKROCK RES & COMMODITIES	14,042	$131K	0.02%	new	Timeline
ETJEATON VANCE RISK-MANAGED DIV	15,300	$129K	0.02%	new	Timeline
DMADESTRA MULTI-ALTERNATIVE FD	14,200	$120K	0.02%	new	Timeline
GRXGABELLI HEALTHCARE & WELLNES	11,800	$119K	0.02%	new	Timeline
XEADXALLSPRING INCOME OPPORTUNIT	16,300	$111K	0.02%	new	Timeline
PCFHIGH INCOME SECS FD	16,500	$110K	0.02%	new	Timeline
CTSOCYTOSORBENTS CORP	104,139	$104K	0.01%	new	Timeline
AHRTAH RLTY TR INC	13,687	$103K	0.01%	new	Timeline
EVFEATON VANCE SR INCOME TR	17,600	$103K	0.01%	new	Timeline
FTFFRANKLIN LTD DURATION INCOME	13,000	$84K	0.01%	new	Timeline
GNTGAMCO NAT RES GOLD & INCOME	10,000	$60.9K	0.01%	new	Timeline
FEMYFEMASYS INC	47,055	$58.8K	0.01%	0	Timeline
MTAMETALLA RTY & STREAMING LTD	20,100	$57.9K	0.01%	-852	Timeline
ABEVAMBEV SA	20,952	$48.8K	0.01%	new	Timeline
VVRINVESCO SR INCOME TR	10,000	$37.5K	0.01%	new	Timeline
FTHFAETH THERAPEUTICS INC	16,514	$6.51K	<0.01%	new	Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

Security	Type	Amount	Value	Change
BABAALIBABA GROUP HLDG LTD SPONSORED ADS	call	1,500	$81.5K	-100
OXYOCCIDENTAL PETE CORP COM	call	3,200	$26.2K	+1,700
CVXCHEVRON CORPORATION COM	call	500	$15.2K	0
DISDISNEY WALT CO COM	call	700	$13.2K	-200
AMZNAMAZON COM INC COM	call	100	$9.12K	0
KWEBKRANESHARES TRUST CSI CHI INTERNET	call	800	$6.64K	-1,000
GOOGLALPHABET INC COM	call	100	$6.47K	new
VVISA INC COM	call	100	$763	new
UPSUNITED PARCEL SVCS INC COM	call	300	$177	new

Sold out in Q1 2025

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

Security	Shares before	Value before	Type
XLCSELECT SECTOR SPDR TR	29,389	$2.85M	shares
FTHIFIRST TR EXCHANGE TRADED FD	68,068	$1.58M	shares
DELLDELL TECHNOLOGIES INC	9,250	$1.07M	shares
XNEAXNUVEEN AMT FREE QLTY MUN INC	92,822	$1.05M	shares
ANETARISTA NETWORKS INC	5,652	$625K	shares
NACNUVEEN CA DIVI ADV MUN	50,359	$569K	shares
VCVINVESCO CALIF VALUE MUN INCO	49,094	$537K	shares
XNCMXNUVEEN CALIF AMT FREE MUNI I	41,753	$528K	shares
NEARISHARES U S ETF TR	10,416	$526K	shares
RITMRITHM CAPITAL CORP	46,300	$513K	shares
SHVISHARES TR	4,626	$509K	shares
PULSPGIM ETF TR	10,127	$504K	shares
VRIGINVESCO ACTIVELY MANAGED EXC	19,908	$500K	shares
EVNEATON VANCE MUN INCOME TR	45,887	$464K	shares
CRWDCROWDSTRIKE HLDGS INC	1,345	$460K	shares
GSYINVESCO ACTIVELY MANAGED EXC	9,134	$458K	shares
ROCKET LAB USA INCROCKET LAB USA INC	17,625	$449K	shares
TTDTHE TRADE DESK INC	3,597	$423K	shares
IEFAISHARES TR	5,750	$404K	shares
EPDENTERPRISE PRODS PARTNERS L	12,569	$394K	shares
FTSMFIRST TR EXCHANGE-TRADED FD	6,369	$381K	shares
MELIMERCADOLIBRE INC	221	$376K	shares
ETENERGY TRANSFER L P	19,155	$375K	shares
AMATAPPLIED MATLS INC	2,302	$374K	shares
JPSTJ P MORGAN EXCHANGE TRADED F	7,318	$370K	shares
BNDVANGUARD BD INDEX FDS	4,811	$346K	shares
COWZPACER FDS TR	5,641	$320K	shares
LULULULULEMON ATHLETICA INC	812	$311K	shares
KLACKLA CORP	470	$296K	shares
NOBLPROSHARES TR	2,686	$267K	shares
MCDMCDONALDS CORP	912	$264K	shares
WPMWHEATON PRECIOUS METALS CORP	4,686	$264K	shares
NKENIKE INC	3,438	$261K	shares
VWOVANGUARD INTL EQUITY INDEX F	5,664	$249K	shares
IUSGISHARES TR	1,772	$247K	shares
VVVANGUARD INDEX FDS	906	$244K	shares
TMOTHERMO FISHER SCIENTIFIC INC	466	$243K	shares
FSCOFS CREDIT OPPORTUNITIES CORP	34,704	$237K	shares
STZCONSTELLATION BRANDS INC	1,051	$232K	shares
RDVIFIRST TR EXCHANGE-TRADED FD	9,527	$231K	shares
FDNFIRST TR EXCHANGE-TRADED FD	947	$230K	shares
AWKAMERICAN WTR WKS CO INC NEW	1,849	$230K	shares
MDLZMONDELEZ INTL INC	3,815	$230K	shares
CRSCARPENTER TECHNOLOGY CORP	1,350	$229K	shares
VGKVANGUARD INTL EQUITY INDEX F	3,588	$228K	shares
ORLYOREILLY AUTOMOTIVE INC	189	$224K	shares
ISRGINTUITIVE SURGICAL INC	423	$221K	shares
SILASILA REALTY TRUST INC	9,055	$220K	shares
CMFISHARES TR	3,807	$218K	shares
SIRISIRIUSXM HOLDINGS INC	9,378	$214K	shares
SHYISHARES TR	2,556	$210K	shares
CDCVICTORY PORTFOLIOS II	3,264	$204K	shares
FAPRFIRST TR EXCHNG TRADED FD VI	4,940	$204K	shares
RDVYFIRST TR EXCHANGE TRADED FD	3,427	$203K	shares
FMAYFIRST TR EXCHNG TRADED FD VI	4,245	$201K	shares
PECOPHILLIPS EDISON & CO INC	5,340	$201K	shares
FBRTFRANKLIN BSP RLTY TR INC	10,175	$131K	shares
FIRST TRUSTFIRST TRUST	31,050	$131K	shares
ABSIABSCI CORPORATION	26,800	$70.2K	shares
OXFORD LANE CAP CORPOXFORD LANE CAP CORP	11,529	$58.5K	shares
LUCID GROUP INCLUCID GROUP INC	12,000	$36.2K	shares
GGBGERDAU SA	12,300	$35.4K	shares
BTGB2GOLD CORP	10,200	$25K	shares
GOOGALPHABET INC	100	$19K	call
SENSEI BIOTHERAPEUTICS INCSENSEI BIOTHERAPEUTICS INC	16,514	$8.09K	shares
PARAMOUNT GLOBALPARAMOUNT GLOBAL	500	$5.23K	call

How Q1 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).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001667731-25-001092	base		2025-08-12	acceptance time not in the bulk data set	2026-10-07 18:23:11 UTC