HH
HWG Holdings LP — 13F Portfolio Report & Top Holdings (Q2 2026)
HWG Holdings LPCIK: 0001599390
Diversified strategyLong-term holderQuality / disciplined sizing
Total reported value
$442.2M
Reporting period: 2026-06-30 · Number of holdings: 44
HWG Holdings LP disclosed 44 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $442.2M and a quarterly turnover rate of 0.0%.
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Personality snowflake
- Concentration
- 27.04
- Portfolio Stability
- 0
- Momentum
- 50
- Sector conviction
- 70.82
- Diversification
- 88
- Sizing Uniformity
- 85.79
HWG Holdings LP's disclosed holdings carry a Herfindahl concentration index of 0.068 — mathematically equivalent to about 15 equally-sized positions, well below its 44 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.42), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 62% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govSold out EWZ
Trim FEUZ
-83.6% -$17.7M
Add QQQ
+232.3% $17.3M
Add AMZN
+306.0% $16.4M
Trim ESLT
-80.7% -$12.8M
Add EEM
+18.6% $11.5M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 17.26% | +1.18% | +7.68% | |
| 2 | EEM | Ishares Msci Emerging Market | ETF-Emerging Markets | 8.63% | +1.68% | +18.63% | |
| 3 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 8.57% | +1.20% | +7.56% | |
| 4 | CW | Curtiss-wright CORP | Stock-Industrials | 7.39% | -0.34% | -1.20% | |
| 5 | NVDA | Nvidia CORP | Stock-Tech | 6.69% | +0.65% | +11.07% | |
| 6 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 5.11% | +3.72% | +232.29% | |
| 7 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 4.72% | +3.55% | +305.99% | |
| 8 | JPM | Jpmorgan Chase & Co | Stock-Financials | 3.84% | -0.25% | -2.99% | |
| 9 | AVGO | Broadcom Inc | Stock-Tech | 3.41% | +1.64% | +81.02% | |
| 10 | AAPL | Apple Inc | Stock-Tech | 2.94% | +1.60% | +120.77% | |
| 11 | KLAC | Kla CORP | Stock-Tech | 2.90% | +1.48% | +1045.59% | |
| 12 | MSFT | Microsoft CORP | Stock-Tech | 2.48% | +0.06% | +16.93% | |
| 13 | CAT | Caterpillar Inc | Stock-Industrials | 2.41% | +1.67% | +147.07% | |
| 14 | KGS | Kodiak Gas Services Inc | Stock-Other | 2.13% | -0.58% | -29.92% | |
| 15 | GS | Goldman Sachs Group Inc | Stock-Financials | 1.95% | +1.01% | +100.02% | |
| 16 | IJH | Ishares Core S&p Midcap ETF | ETF-Other | 1.38% | +1.05% | +324.37% | |
| 17 | HWM | Howmet Aerospace Inc | Stock-Industrials | 1.33% | +1.33% | NEW | |
| 18 | UNH | Unitedhealth Group Inc | Stock-Healthcare | 1.31% | +1.31% | NEW | |
| 19 | AGX | Argan Inc | Stock-Industrials | 1.18% | -0.30% | -37.45% | |
| 20 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 1.16% | -0.50% | -14.43% | |
| 21 | APH | Amphenol Corp-cl A | Stock-Tech | 1.10% | +1.10% | NEW | |
| 22 | MLI | Mueller Industries Inc | Stock-Industrials | 1.03% | -1.18% | -51.74% | |
| 23 | MRCY | Mercury Systems Inc | Stock-Industrials | 1.01% | +1.01% | NEW | |
| 24 | WTS | Watts Water Technologies-a | Stock-Industrials | 0.98% | +0.98% | NEW | |
| 25 | TEX | Terex CORP | Stock-Industrials | 0.96% | +0.96% | NEW | |
| 26 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-Large Cap & Growth | 0.87% | -0.10% | -9.34% | |
| 27 | GE | General Electric | Stock-Industrials | 0.85% | +0.24% | +22.33% | |
| 28 | FEUZ | First Trust Eurozone Alphade | ETF-Other | 0.85% | -4.72% | -83.62% | |
| 29 | GEV | GE Vernova Inc | Stock-Industrials | 0.78% | +0.06% | -7.67% | |
| 30 | AMD | Advanced Micro Devices | Stock-Tech | 0.78% | +0.78% | NEW | |
| 31 | ESLT | Elbit Systems Ltd. | Stock-Industrials | 0.61% | -3.42% | -80.66% | |
| 32 | EPD | Enterprise Products Partners | Stock-Energy | 0.59% | -0.10% | +0.79% | |
| 33 | ONEQ | Fidelity Nasdaq Comp Indx | ETF-Tech | 0.57% | +0.19% | +43.58% | |
| 34 | ✓ | Stock-Other | 0.48% | +0.48% | NEW | ||
| 35 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 0.42% | — | — | |
| 36 | ET | Energy Transfer LP | Stock-Energy | 0.40% | -0.06% | +1.45% | |
| 37 | TSM | Taiwan Semiconductor-sp Adr | Stock-Tech | 0.33% | +0.17% | +68.38% | |
| 38 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 0.12% | -0.08% | -31.36% | |
| 39 | CVX | Chevron CORP | Stock-Energy | 0.12% | -0.91% | -82.66% | |
| 40 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 0.12% | — | -0.42% | |
| 41 | DFUS | Dimensional US Eq Mkt ETF | ETF-Other | 0.07% | — | — | |
| 42 | IJR | Ishares Core S&p Small-cap E | ETF-Small Cap | 0.06% | +0.06% | NEW | |
| 43 | DFUV | Dimensional US Marketwide Va | ETF-Other | 0.05% | — | — | |
| 44 | ✓ | Call (nflx) Netflix Inc $125 E | Stock-Other | 0.03% | -0.58% | -0.29% |
Portfolio Performance
Performance for Q3 2026
-2.7%
Performance Last 4 Quarters
+16.3%
- Stdev
- +15%
- Beta
- +1.12
- Alpha
- -5%
- Max Drawdown
- -9.1%
- Annualized Perf
- +17.6%
- Batting Avg vs S&P
- +36.1%
- Sortino
- +2.56
- Stutzer
- +0.35
- Treynor
- +0.16
- Sterling
- +1.05
- Calmar
- +1.94
- Information Ratio
- -0.6
- Tracking Error
- +4.3%
- Stdev Down
- +6.8%
- Winning Months %
- +58.3%
- Losing Months %
- +41.7%
- Best 12 Months
- +34.1%
- Worst 12 Months
- +1.7%
- Efficiency Ratio
- +0.51
- Sharpe
- +1.16
- Stdev Sectors
- +11.8%
- Skewness
- +0.6
- Kurtosis
- +0.43
- Upside Potential
- +4.3
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 44 | $442.2M | 0 | ||
| 2026 Q1 | 55 | $384.5M | 75 | ||
| 2025 Q4 | 47 | $412.7M | 54 | ||
| 2025 Q3 | 57 | $394.6M | 100 | ||
| 2025 Q2 | 54 | $341.8M | 0 | ||
| 2025 Q1 | 131 | $224.3M | 100 | ||
| 2024 Q4 | 50 | $305.4M | 0 | ||
| 2024 Q3 | 51 | $290.7M | 0 | ||
| 2024 Q2 | 131 | $272.7M | 0 | ||
| 2023 Q4 | 127 | $223.3M | 0 | ||
| 2023 Q3 | 141 | $183.9M | 0 | ||
| 2023 Q2 | 143 | $217.3M | 0 | ||
| 2023 Q1 | 110 | $175.1M | 0 | ||
| 2022 Q4 | 123 | $154.4M | 0 | ||
| 2022 Q3 | 156 | $139.8M | 0 | ||
| 2022 Q1 | 151 | $201.7M | 0 | ||
| 2021 Q4 | 143 | $230.6M | 0 | ||
| 2021 Q2 | 137 | $231.0M | 100 | ||
| 2021 Q1 | 107 | $200.7M | 89 | ||
| 2020 Q4 | 112 | $197.5M | 75 | ||
| 2020 Q3 | 116 | $112.7M | 49 | ||
| 2020 Q2 | 115 | $125.4M | 100 | ||
| 2019 Q4 | 124 | $122.3M | 33 | ||
| 2019 Q3 | 122 | $108.5M | 70 | ||
| 2019 Q2 | 115 | $103.2M | 98 | ||
| 2019 Q1 | 106 | $100.2M | 100 | ||
| 2018 Q4 | 101 | $47.5M | 100 | ||
| 2018 Q3 | 99 | $147.9M | 100 | ||
| 2018 Q2 | 104 | $120.7M | 98 | ||
| 2018 Q1 | 85 | $107.8M | 87 | ||
| 2017 Q4 | 103 | $118.2M | 76 | ||
| 2017 Q3 | 106 | $127.2M | 100 | ||
| 2017 Q2 | 106 | $135.3M | 100 | ||
| 2017 Q1 | 31 | $79.3M | 100 | ||
| 2016 Q4 | 14 | $73.8M | 100 | ||
| 2016 Q3 | 36 | $95.2M | 100 | ||
| 2016 Q2 | 26 | $107.7M | 100 | ||
| 2016 Q1 | 33 | $111.7M | 100 | ||
| 2015 Q4 | 23 | $98.3M | 100 | ||
| 2015 Q3 | 1 | $8.5M | 100 | ||
| 2015 Q2 | 22 | $94.9M | 100 | 1032420240412c300287y | |
| 2015 Q1 | 20 | $61.9M | 100 | 1716933259001a342222g | |
| 2014 Q4 | 30 | $140.3M | 100 | ||
| 2014 Q3 | 30 | $124.7M | 100 | ||
| 2014 Q2 | 45 | $131.6M | 100 | ||
| 2014 Q1 | 36 | $110.0M | 100 | ||
| 2013 Q4 | 40 | $155.0M | — |
Holding changes this quarter
HWG Holdings LP's most significant position changes for 2026-06-30: Sold out: Ishares Msci Brazil ETF (EWZ); New buy: Howmet Aerospace Inc (HWM); New buy: Unitedhealth Group Inc (UNH); Sold out: Netflix Inc (NFLX); Sold out: Baker Hughes Co (BKR).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | QQQ | Invesco Qqq Trust Series 1 | +3.7% | +232.29% | Add |
| 2 | AMZN | Amazon.com Inc | +3.6% | +305.99% | Add |
| 3 | EEM | Ishares Msci Emerging Market | +1.7% | +18.63% | Add |
| 4 | CAT | Caterpillar Inc | +1.7% | +147.07% | Add |
| 5 | AVGO | Broadcom Inc | +1.6% | +81.02% | Add |
| 6 | AAPL | Apple Inc | +1.6% | +120.77% | Add |
| 7 | KLAC | Kla CORP | +1.5% | +1045.59% | Add |
| 8 | HWM | Howmet Aerospace Inc | +1.3% | NEW | New buy |
| 9 | UNH | Unitedhealth Group Inc | +1.3% | NEW | New buy |
| 10 | GOOGL | Alphabet Inc-cl A | +1.2% | +7.56% | Add |
| 11 | IVV | Ishares Core S&p 500 ETF | +1.2% | +7.68% | Add |
| 12 | APH | Amphenol Corp-cl A | +1.1% | NEW | New buy |
| 13 | IJH | Ishares Core S&p Midcap ETF | +1.1% | +324.37% | Add |
| 14 | GS | Goldman Sachs Group Inc | +1% | +100.02% | Add |
| 15 | MRCY | Mercury Systems Inc | +1% | NEW | New buy |
| 16 | WTS | Watts Water Technologies-a | +1% | NEW | New buy |
| 17 | TEX | Terex CORP | +1% | NEW | New buy |
| 18 | AMD | Advanced Micro Devices | +0.8% | NEW | New buy |
| 19 | NVDA | Nvidia CORP | +0.7% | +11.07% | Add |
| 20 | ✓ | +0.5% | NEW | New buy | |
| 21 | GE | General Electric | +0.2% | +22.33% | Add |
| 22 | ONEQ | Fidelity Nasdaq Comp Indx | +0.2% | +43.58% | Add |
| 23 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | +68.38% | Add |
| 24 | MSFT | Microsoft CORP | +0.1% | +16.93% | Add |
| 25 | GEV | GE Vernova Inc | +0.1% | -7.67% | Trim |
| 26 | IJR | Ishares Core S&p Small-cap E | +0.1% | NEW | New buy |
| 27 | VTI | Vanguard Total Stock Mkt ETF | — | — | Unchanged |
| 28 | SPY | Ss Spdr S&p 500 ETF Trust-us | — | -0.42% | Trim |
| 29 | DFUS | Dimensional US Eq Mkt ETF | — | — | Unchanged |
| 30 | DFUV | Dimensional US Marketwide Va | — | — | Unchanged |
| 31 | ABBV | Abbvie Inc | -0.1% | EXIT | Sold out |
| 32 | RCL | Royal Caribbean Cruises Ltd. | -0.1% | EXIT | Sold out |
| 33 | ET | Energy Transfer LP | -0.1% | +1.45% | Add |
| 34 | EWY | Ishares Msci South Korea ETF | -0.1% | EXIT | Sold out |
| 35 | DVN | Devon Energy CORP | -0.1% | EXIT | Sold out |
| 36 | BRK-B | Berkshire Hathaway Inc-cl B | -0.1% | -31.36% | Trim |
| 37 | EZU | Ishares Msci Eurozone ETF | -0.1% | EXIT | Sold out |
| 38 | SPYM | Ste Str Spdr Pt S&p 500 ETF | -0.1% | -9.34% | Trim |
| 39 | EPD | Enterprise Products Partners | -0.1% | +0.79% | Add |
| 40 | XOM | Exxon Mobil CORP | -0.1% | EXIT | Sold out |
| 41 | ORI | Old Republic Intl CORP | -0.1% | EXIT | Sold out |
| 42 | NOC | Northrop Grumman CORP | -0.2% | EXIT | Sold out |
| 43 | JPM | Jpmorgan Chase & Co | -0.3% | -2.99% | Trim |
| 44 | AGX | Argan Inc | -0.3% | -37.45% | Trim |
| 45 | CW | Curtiss-wright CORP | -0.3% | -1.20% | Trim |
| 46 | EWH | Ishares Msci Hong Kong ETF | -0.4% | EXIT | Sold out |
| 47 | LLY | Eli Lilly & Co | -0.5% | EXIT | Sold out |
| 48 | COST | Costco Wholesale CORP | -0.5% | -14.43% | Trim |
| 49 | PCAR | Paccar Inc | -0.6% | EXIT | Sold out |
| 50 | ✓ | Call (nflx) Netflix Inc $125 E | -0.6% | -0.29% | Trim |
1–50 of 62
Filing History
FAQ
What is HWG Holdings LP and what type of investor is it?
HWG Holdings LP is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $442.2M, spread across 44 disclosed positions.
What are HWG Holdings LP's largest equity positions?
Based on the latest 13F filing, HWG Holdings LP's top holdings by market value are:
1. Ishares Core S&p 500 ETF (IVV) — $76.3M (17.3%)
2. Ishares Msci Emerging Market (EEM) — $38.2M (8.6%)
3. Alphabet Inc-cl A (GOOGL) — $37.9M (8.6%)
4. Curtiss-wright CORP (CW) — $32.7M (7.4%)
5. Nvidia CORP (NVDA) — $29.6M (6.7%)
What changes did HWG Holdings LP make in its most recent portfolio filing?
In the latest reported quarter, HWG Holdings LP made 59 notable position adjustments: 9 new positions were initiated, 18 existing holdings were added to, 14 positions were partially reduced, and 18 were completely exited. The largest of these moves: Sold out: Ishares Msci Brazil ETF (EWZ); New buy: Howmet Aerospace Inc (HWM); New buy: Unitedhealth Group Inc (UNH); Sold out: Netflix Inc (NFLX); Sold out: Baker Hughes Co (BKR)
What sectors does HWG Holdings LP focus on?
HWG Holdings LP is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 33.4%
• Industrials: 30.0%
• Communication Services: 13.9%
• Financials: 9.4%
• Consumer Discretionary: 7.6%
• Health Care: 2.1%
Investment Profile
HWG Holdings LP returned an annualized 17.6% over the trailing 36 months — underperforming the S&P 500 by 5.0 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 1.12 (more volatile than the market) and a 36% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding, with 33.4% of the portfolio concentrated in Information Technology.
It has added to its EEM position over the past two quarters (+$27.4M, now $38.2M), while trimming MLI over the same stretch (-$4.7M, still holding $4.6M).
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Developer Access
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REST API
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