Tradewinds, LLC. — Quarterly 13F Portfolio Report

CIK: 0001932342

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$310.3M

Reporting period: 2026-03-31 · Number of holdings: 153

Tradewinds, LLC. disclosed 153 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $310.3M and a quarterly turnover rate of 45.6%.

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "T"

Personality snowflake

Concentration: 11.31
Portfolio Stability: 45.61
Momentum/Contrarian: 100
Sector conviction: 45.5
Diversification: 100
Sizing Uniformity: 81.7

Tradewinds, LLC.'s disclosed holdings carry a Herfindahl concentration index of 0.028 — mathematically equivalent to about 35 equally-sized positions, well below its 153 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 1.83), 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.

Recent moves

Add AMZN
-4.5%　$1.4M
Add NVDA
-11.8%　-$1.5M
Add GOOG
-8.3%　$1.4M
Add BKR
-7.2%　$2.5M
Trim COIN
-95.2%　-$5.4M
Add WMT
-6.1%　$1.2M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	NVDA	Nvidia CORP	Stock-Tech	7.20%	+1.52%	-11.82%
2	AAPL	Apple INC	Stock-Tech	6.71%	—	-4.45%
3	MSFT	Microsoft CORP	Stock-Tech	4.82%	+0.37%	-6.21%
4	AMZN	Amazon.com INC	Stock-Consumer Disc	4.66%	+1.55%	-4.46%
5	GOOG	Alphabet Inc-cl C	Stock-Comm Services	4.17%	+1.41%	-8.28%
6	WMT	Walmart INC	Stock-Consumer Staples	3.82%	+1.27%	-6.11%
7	JPM	Jpmorgan Chase & Co	Stock-Financials	3.57%	+0.70%	-4.94%
8	MS	Morgan Stanley	Stock-Financials	3.13%	—	-4.78%
9	BKR	Baker Hughes Co	Stock-Energy	2.83%	+1.34%	-7.20%
10	DE	Deere & Co	Stock-Industrials	2.77%	+1.00%	-6.44%
11	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	2.67%	+0.40%	-7.45%
12	V	Visa Inc-class A Shares	Stock-Financials	2.58%	+0.45%	-4.15%
13	USFD	US Foods Holding CORP	Stock-Consumer Staples	2.27%	+0.79%	-7.98%
14	HON	Honeywell International INC	Stock-Industrials	2.23%	—	-6.07%
15	CAT	Caterpillar INC	Stock-Industrials	2.20%	+1.15%	+0.27%
16	LLY	Eli Lilly & Co	Stock-Healthcare	2.18%	+0.39%	+0.36%
17	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	2.17%	+0.87%	+0.73%
18	ITW	Illinois Tool Works	Stock-Industrials	2.11%	—	-7.28%
19	RSG	Republic Services INC	Stock-Industrials	1.93%	—	-6.05%
20	BLK	Blackrock INC	Stock-Financials	1.85%	—	-5.37%
21	FCNCA	First Citizens Bcshs -cl A	Stock-Financials	1.68%	—	+6.07%
22	DASH	Doordash INC - A	Stock-Consumer Disc	1.59%	-0.03%	-6.69%
23	UNH	Unitedhealth Group INC	Stock-Healthcare	1.39%	—	-1.01%
24	JNJ	Johnson & Johnson	Stock-Healthcare	1.34%	—	-0.34%
25	PG	Procter & Gamble Co/the	Stock-Consumer Staples	1.16%	—	+0.54%
26	DUK	Duke Energy CORP	Stock-Utilities	1.09%	—	+2.12%
27	COHR	Coherent CORP	Stock-Tech	0.92%	+0.50%	-9.57%
28	AVGO	Broadcom INC	Stock-Tech	0.85%	—	-19.09%
29	ABBV	Abbvie INC	Stock-Healthcare	0.74%	—	+0.01%
30	XOM	Exxon Mobil CORP	Stock-Energy	0.71%	—	-4.91%
31	CIEN	Ciena CORP	Stock-Tech	0.70%	+0.42%	-18.66%
32	CVX	Chevron CORP	Stock-Energy	0.69%	—	-1.90%
33	TFC	Truist Financial CORP	Stock-Financials	0.67%	—	+2.14%
34	PEP	Pepsico INC	Stock-Consumer Staples	0.53%	—	-3.28%
35	FNB	Fnb CORP	Stock-Financials	0.51%	—	—
36	RY	Royal Bank Of Canada	Stock-Financials	0.49%	—	—
37	CSCO	Cisco Systems INC	Stock-Tech	0.46%	—	+1.74%
38	BAC	Bank Of America CORP	Stock-Financials	0.45%	—	-3.77%
39	BE	Bloom Energy Corp- A	Stock-Industrials	0.44%	+0.44%	NEW
40	KO	Coca-cola Co/the	Stock-Consumer Staples	0.43%	—	+2.99%
41	TRV	Travelers Cos Inc/the	Stock-Financials	0.42%	—	—
42	IBM	Intl Business Machines CORP	Stock-Tech	0.40%	—	-2.17%
43	D	Dominion Energy INC	Stock-Utilities	0.40%	—	-0.33%
44	MCD	Mcdonald's CORP	Stock-Consumer Disc	0.38%	—	+0.17%
45	NEE	Nextera Energy INC	Stock-Utilities	0.38%	—	+1.93%
46	CSX	Csx CORP	Stock-Industrials	0.38%	—	+0.00%
47	MPC	Marathon Petroleum CORP	Stock-Energy	0.36%	—	-1.28%
48	SO	Southern Co/the	Stock-Utilities	0.36%	—	+0.19%
49	AEP	American Electric Power	Stock-Utilities	0.35%	—	+0.87%
50	MO	Altria Group INC	Stock-Consumer Staples	0.35%	—	-0.67%

1–50 of 153

Portfolio Performance

Performance for Q3 2026

+2.4%

Performance Last 4 Quarters

+20.2%

Based on 75% of reported portfolio value with available pricing

Stdev: +11.1%
Beta: +0.79
Alpha: +1.3%
Max Drawdown: -8.4%
Annualized Perf: +16.3%
Batting Avg vs S&P: +44.4%
Sortino: +2.91
Stutzer: +0.42
Treynor: +0.2
Sterling: +1.04
Calmar: +1.96
Information Ratio: -0.54
Tracking Error: +4.9%
Stdev Down: +5.4%
Winning Months %: +69.4%
Losing Months %: +30.6%
Best 12 Months: +31.4%
Worst 12 Months: +10.1%
Efficiency Ratio: +0.58
Sharpe: +1.43
Stdev Sectors: +7.2%
Skewness: +0.13
Kurtosis: +0.19
Upside Potential: +4.48

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	153	$310.3M	46	1NVDA 2AAPL 3MSFT Top holdings2026-03-31 1.NVDA 2.AAPL 3.MSFT 4.AMZN 5.GOOG 6.WMT 7.JPM 8.MS 9.BKR 10.DE
2025-12-31	214	$419.0M	15	1NVDA 2AAPL 3MSFT Top holdings2025-12-31 1.NVDA 2.AAPL 3.MSFT 4.DFIV 5.JPST 6.AMZN 7.JPM 8.GOOG 9.WMT 10.BRK-B
2025-09-30	210	$410.6M	49	1NVDA 2MSFT 3AAPL Top holdings2025-09-30 1.NVDA 2.MSFT 3.AAPL 4.JPM 5.AMZN 6.DFIV 7.WMT 8.GOOG 9.JPST 10.MS
2025-06-30	82	$131.7M	0	1SPYM 2SCHD 3IUSG Top holdings2025-06-30 1.SPYM 2.SCHD 3.IUSG 4.FBND 5.IJH 6.QQQ 7.JEPI 8.SPY 9.IEFA 10.AGG
2025-03-31	211	$354.4M	0	1AAPL 2NVDA 3MSFT Top holdings2025-03-31 1.AAPL 2.NVDA 3.MSFT 4.AMZN 5.JPM 6.PG 7.BRK-B 8.WMT 9.V 10.JPST
2024-12-31	215	$359.8M	0	1NVDA 2AAPL 3MSFT Top holdings2024-12-31 1.NVDA 2.AAPL 3.MSFT 4.AMZN 5.JPM 6.WMT 7.PG 8.BRK-B 9.V 10.MS
2024-09-30	160	$324.8M	0	1NVDA 2AAPL 3MSFT Top holdings2024-09-30 1.NVDA 2.AAPL 3.MSFT 4.AMZN 5.PG 6.WMT 7.JPM 8.BRK-B 9.UNH 10.GOOG
2024-06-30	210	$325.3M	0	1NVDA 2MSFT 3AAPL Top holdings2024-06-30 1.NVDA 2.MSFT 3.AAPL 4.AMZN 5.PG 6.JPM 7.GOOG 8.WMT 9.BRK-B 10.UNH
2024-03-31	96	$209.0M	0	1SMH 2UNH 3NVDA Top holdings2024-03-31 1.SMH 2.UNH 3.NVDA 4.AAPL 5.AMZN 6.JPM 7.V 8.BRK-B 9.GOOG 10.APD
2023-09-30	118	$170.3M	0	1UNH 2AAPL 3MSFT Top holdings2023-09-30 1.UNH 2.AAPL 3.MSFT 4.PG 5.AMZN 6.NVDA 7.WMT 8.BRK-B 9.GOOG 10.JPM
2023-06-30	100	$169.7M	0	1AAPL 2UNH 3MSFT Top holdings2023-06-30 1.AAPL 2.UNH 3.MSFT 4.PG 5.NVDA 6.AMZN 7.PEP 8.WMT 9.BRK-B 10.DE
2023-03-31	124	$165.0M	0	1UNH 2AAPL 3MSFT Top holdings2023-03-31 1.UNH 2.AAPL 3.MSFT 4.PG 5.PEP 6.DE 7.WMT 8.NEE 9.BRK-B 10.AMZN
2022-12-31	118	$155.2M	0	1U 2ATR 307WA Top holdings2022-12-31 1.U 2.ATR 3.07WA 4.PRG 5.DCCIX 6.PFE 7.NMVAX 8.HWLAX 9.M97628 10.ZTR
2022-09-30	106	$137.7M	0	1UNH 2AAPL 3MSFT Top holdings2022-09-30 1.UNH 2.AAPL 3.MSFT 4.PG 5.AMZN 6.NEE 7.PEP 8.WMT 9.DE 10.VOO
2022-06-30	118	$147.0M	0	1UNH 2AAPL 3MSFT Top holdings2022-06-30 1.UNH 2.AAPL 3.MSFT 4.PG 5.AMZN 6.NEE 7.PEP 8.WMT 9.BRK-B 10.HON
2021-12-31	58	$84.7M	—	1UNH 2AAPL 3AMZN Top holdings2021-12-31 1.UNH 2.AAPL 3.AMZN 4.JPM 5.NVDA 6.GOOG 7.BRK-B 8.V 9.APD 10.JPST

Holding changes this quarter

Tradewinds, LLC.'s most significant position changes for 2026-03-31: Sold out: Dimensional International Va (DFIV); Sold out: Jpmorgan Ultra-short Income (JPST); Sold out: Dimensional Core Fixed INC (DFCF); Sold out: Goldman Sachs Access Treasur (GBIL); Sold out: Ishares Msci USA Momentum Fa (MTUM).

Position changes disclosed by Tradewinds, LLC. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	AMZN	Amazon.com INC	+1.6%	-4.46%	Trim
2	NVDA	Nvidia CORP	+1.5%	-11.82%	Trim
3	GOOG	Alphabet Inc-cl C	+1.4%	-8.28%	Trim
4	BKR	Baker Hughes Co	+1.3%	-7.20%	Trim
5	WMT	Walmart INC	+1.3%	-6.11%	Trim
6	CAT	Caterpillar INC	+1.2%	+0.27%	Add
7	DE	Deere & Co	+1%	-6.44%	Trim
8	GOOGL	Alphabet Inc-cl A	+0.9%	+0.73%	Add
9	USFD	US Foods Holding CORP	+0.8%	-7.98%	Trim
10	JPM	Jpmorgan Chase & Co	+0.7%	-4.94%	Trim
11	COHR	Coherent CORP	+0.5%	-9.57%	Trim
12	V	Visa Inc-class A Shares	+0.5%	-4.15%	Trim
13	CIEN	Ciena CORP	+0.4%	-18.66%	Trim
14	BRK-B	Berkshire Hathaway Inc-cl B	+0.4%	-7.45%	Trim
15	LLY	Eli Lilly & Co	+0.4%	+0.36%	Add
16	MSFT	Microsoft CORP	+0.4%	-6.21%	Trim
17	DASH	Doordash INC - A	0%	-6.69%	Trim
18	COIN	Coinbase Global INC -class A	-1.3%	-95.21%	Trim
19	DFIV	Dimensional International Va	—	EXIT	Sold out
20	JPST	Jpmorgan Ultra-short Income	—	EXIT	Sold out
21	DFCF	Dimensional Core Fixed INC	—	EXIT	Sold out
22	GBIL	Goldman Sachs Access Treasur	—	EXIT	Sold out
23	MTUM	Ishares Msci USA Momentum Fa	—	EXIT	Sold out
24	XME	Ss Spdr S&p Metals Mining	—	EXIT	Sold out
25	VTV	Vanguard Value ETF	—	EXIT	Sold out
26	VOO	Vanguard S&p 500 ETF	—	EXIT	Sold out
27	VGT	Vanguard Info Tech ETF	—	EXIT	Sold out
28	QUAL	Ishares Msci USA Quality Fac	—	EXIT	Sold out
29	SIL	Global X Silver Miners ETF	—	EXIT	Sold out
30	EMXC	Ishares Msci Emr Mrk Ex Chna	—	EXIT	Sold out
31	VTI	Vanguard Total Stock Mkt ETF	—	EXIT	Sold out
32	VUG	Vanguard Growth ETF	—	EXIT	Sold out
33	GLD	Spdr Gold Shares	—	EXIT	Sold out
34	GDX	Vaneck Gold Miners ETF	—	EXIT	Sold out
35	VIG	Vanguard Dividend Apprec ETF	—	EXIT	Sold out
36	COPX	Global X Copper Miners ETF	—	EXIT	Sold out
37	PULS	Pgim Ultra Short Bond ETF	—	EXIT	Sold out
38	IVV	Ishares Core S&p 500 ETF	—	EXIT	Sold out
39	AMLP	Alerian Mlp ETF	—	EXIT	Sold out
40	BE	Bloom Energy Corp- A	—	NEW	New buy
41	VYM	Vanguard High Dvd Yield ETF	—	EXIT	Sold out
42	VTIP	Vanguard Short-term Tips	—	EXIT	Sold out
43	XLU	St Sr Utl Sl Se Spdr Etf-usd	—	EXIT	Sold out
44	XLE	Ss Energy Select Sector	—	EXIT	Sold out
45	HELO	Jpmorgan Hedged Equity ETF	—	EXIT	Sold out
46	VXF	Vanguard Extended Market ETF	—	EXIT	Sold out
47	USMV	Ishares Msci USA Min Vol Fac	—	EXIT	Sold out
48	VV	Vanguard Large-cap ETF	—	EXIT	Sold out
49	ABT	Abbott Laboratories	—	EXIT	Sold out
50	VCR	Vanguard Consumer Discre ETF	—	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-04	13F-HR	View on EDGAR
2025-12-31	2026-02-13	13F-HR	View on EDGAR
2025-09-30	2025-10-29	13F-HR	View on EDGAR
2025-06-30	2025-08-06	13F-HR	View on EDGAR
2025-03-31	2025-04-29	13F-HR	View on EDGAR
2024-12-31	2025-02-12	13F-HR	View on EDGAR
2024-09-30	2024-11-08	13F-HR	View on EDGAR
2024-06-30	2024-08-14	13F-HR	View on EDGAR
2024-03-31	2024-05-08	13F-HR	View on EDGAR
2023-09-30	2023-11-06	13F-HR	View on EDGAR
2023-06-30	2023-08-15	13F-HR	View on EDGAR
2023-03-31	2023-04-06	13F-HR	View on EDGAR
2022-12-31	2023-02-08	13F-HR	View on EDGAR
2022-09-30	2022-10-17	13F-HR	View on EDGAR
2022-06-30	2022-08-15	13F-HR	View on EDGAR
2021-12-31	2024-02-05	13F-HR	View on EDGAR

FAQ

What is Tradewinds, LLC. and what type of investor is it?

Tradewinds, LLC. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $310.3M, spread across 153 disclosed positions.

What are Tradewinds, LLC.'s largest equity positions?

Based on the latest 13F filing, Tradewinds, LLC.'s top holdings by market value are: 1. Nvidia CORP (NVDA) — $22.3M (7.2%) 2. Apple INC (AAPL) — $20.8M (6.7%) 3. Microsoft CORP (MSFT) — $15.0M (4.8%) 4. Amazon.com INC (AMZN) — $14.5M (4.7%) 5. Alphabet Inc-cl C (GOOG) — $12.9M (4.2%)

What changes did Tradewinds, LLC. make in its most recent portfolio filing?

In the latest reported quarter, Tradewinds, LLC. made 50 notable position adjustments: 1 new positions were initiated, 3 existing holdings were added to, 15 positions were partially reduced, and 31 were completely exited. The largest of these moves: Sold out: Dimensional International Va (DFIV); Sold out: Jpmorgan Ultra-short Income (JPST); Sold out: Dimensional Core Fixed INC (DFCF); Sold out: Goldman Sachs Access Treasur (GBIL); Sold out: Ishares Msci USA Momentum Fa (MTUM)

What sectors does Tradewinds, LLC. focus on?

Tradewinds, LLC. is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 24.7% • Financials: 19.9% • Industrials: 14.6% • Consumer Staples: 9.7% • Consumer Discretionary: 7.5% • Communication Services: 7.5%

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Tradewinds, LLC. — Quarterly 13F Portfolio Report

CIK: 0001932342

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$310.3M

Reporting period: 2026-03-31 · Number of holdings: 153

Tradewinds, LLC. disclosed 153 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $310.3M and a quarterly turnover rate of 45.6%.

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "T"

Personality snowflake

Concentration: 11.31
Portfolio Stability: 45.61
Momentum/Contrarian: 100
Sector conviction: 45.5
Diversification: 100
Sizing Uniformity: 81.7

Position sizes vary widely across the portfolio (a coefficient of variation of 1.83), 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.

Recent moves

Add AMZN
-4.5%　$1.4M
Add NVDA
-11.8%　-$1.5M
Add GOOG
-8.3%　$1.4M
Add BKR
-7.2%　$2.5M
Trim COIN
-95.2%　-$5.4M
Add WMT
-6.1%　$1.2M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	NVDA	Nvidia CORP	Stock-Tech	7.20%	+1.52%	-11.82%
2	AAPL	Apple INC	Stock-Tech	6.71%	—	-4.45%
3	MSFT	Microsoft CORP	Stock-Tech	4.82%	+0.37%	-6.21%
4	AMZN	Amazon.com INC	Stock-Consumer Disc	4.66%	+1.55%	-4.46%
5	GOOG	Alphabet Inc-cl C	Stock-Comm Services	4.17%	+1.41%	-8.28%
6	WMT	Walmart INC	Stock-Consumer Staples	3.82%	+1.27%	-6.11%
7	JPM	Jpmorgan Chase & Co	Stock-Financials	3.57%	+0.70%	-4.94%
8	MS	Morgan Stanley	Stock-Financials	3.13%	—	-4.78%
9	BKR	Baker Hughes Co	Stock-Energy	2.83%	+1.34%	-7.20%
10	DE	Deere & Co	Stock-Industrials	2.77%	+1.00%	-6.44%
11	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	2.67%	+0.40%	-7.45%
12	V	Visa Inc-class A Shares	Stock-Financials	2.58%	+0.45%	-4.15%
13	USFD	US Foods Holding CORP	Stock-Consumer Staples	2.27%	+0.79%	-7.98%
14	HON	Honeywell International INC	Stock-Industrials	2.23%	—	-6.07%
15	CAT	Caterpillar INC	Stock-Industrials	2.20%	+1.15%	+0.27%
16	LLY	Eli Lilly & Co	Stock-Healthcare	2.18%	+0.39%	+0.36%
17	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	2.17%	+0.87%	+0.73%
18	ITW	Illinois Tool Works	Stock-Industrials	2.11%	—	-7.28%
19	RSG	Republic Services INC	Stock-Industrials	1.93%	—	-6.05%
20	BLK	Blackrock INC	Stock-Financials	1.85%	—	-5.37%
21	FCNCA	First Citizens Bcshs -cl A	Stock-Financials	1.68%	—	+6.07%
22	DASH	Doordash INC - A	Stock-Consumer Disc	1.59%	-0.03%	-6.69%
23	UNH	Unitedhealth Group INC	Stock-Healthcare	1.39%	—	-1.01%
24	JNJ	Johnson & Johnson	Stock-Healthcare	1.34%	—	-0.34%
25	PG	Procter & Gamble Co/the	Stock-Consumer Staples	1.16%	—	+0.54%
26	DUK	Duke Energy CORP	Stock-Utilities	1.09%	—	+2.12%
27	COHR	Coherent CORP	Stock-Tech	0.92%	+0.50%	-9.57%
28	AVGO	Broadcom INC	Stock-Tech	0.85%	—	-19.09%
29	ABBV	Abbvie INC	Stock-Healthcare	0.74%	—	+0.01%
30	XOM	Exxon Mobil CORP	Stock-Energy	0.71%	—	-4.91%
31	CIEN	Ciena CORP	Stock-Tech	0.70%	+0.42%	-18.66%
32	CVX	Chevron CORP	Stock-Energy	0.69%	—	-1.90%
33	TFC	Truist Financial CORP	Stock-Financials	0.67%	—	+2.14%
34	PEP	Pepsico INC	Stock-Consumer Staples	0.53%	—	-3.28%
35	FNB	Fnb CORP	Stock-Financials	0.51%	—	—
36	RY	Royal Bank Of Canada	Stock-Financials	0.49%	—	—
37	CSCO	Cisco Systems INC	Stock-Tech	0.46%	—	+1.74%
38	BAC	Bank Of America CORP	Stock-Financials	0.45%	—	-3.77%
39	BE	Bloom Energy Corp- A	Stock-Industrials	0.44%	+0.44%	NEW
40	KO	Coca-cola Co/the	Stock-Consumer Staples	0.43%	—	+2.99%
41	TRV	Travelers Cos Inc/the	Stock-Financials	0.42%	—	—
42	IBM	Intl Business Machines CORP	Stock-Tech	0.40%	—	-2.17%
43	D	Dominion Energy INC	Stock-Utilities	0.40%	—	-0.33%
44	MCD	Mcdonald's CORP	Stock-Consumer Disc	0.38%	—	+0.17%
45	NEE	Nextera Energy INC	Stock-Utilities	0.38%	—	+1.93%
46	CSX	Csx CORP	Stock-Industrials	0.38%	—	+0.00%
47	MPC	Marathon Petroleum CORP	Stock-Energy	0.36%	—	-1.28%
48	SO	Southern Co/the	Stock-Utilities	0.36%	—	+0.19%
49	AEP	American Electric Power	Stock-Utilities	0.35%	—	+0.87%
50	MO	Altria Group INC	Stock-Consumer Staples	0.35%	—	-0.67%

1–50 of 153

Portfolio Performance

Performance for Q3 2026

+2.4%

Performance Last 4 Quarters

+20.2%

Based on 75% of reported portfolio value with available pricing

Stdev: +11.1%
Beta: +0.79
Alpha: +1.3%
Max Drawdown: -8.4%
Annualized Perf: +16.3%
Batting Avg vs S&P: +44.4%
Sortino: +2.91
Stutzer: +0.42
Treynor: +0.2
Sterling: +1.04
Calmar: +1.96
Information Ratio: -0.54
Tracking Error: +4.9%
Stdev Down: +5.4%
Winning Months %: +69.4%
Losing Months %: +30.6%
Best 12 Months: +31.4%
Worst 12 Months: +10.1%
Efficiency Ratio: +0.58
Sharpe: +1.43
Stdev Sectors: +7.2%
Skewness: +0.13
Kurtosis: +0.19
Upside Potential: +4.48

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	153	$310.3M	46	1NVDA 2AAPL 3MSFT Top holdings2026-03-31 1.NVDA 2.AAPL 3.MSFT 4.AMZN 5.GOOG 6.WMT 7.JPM 8.MS 9.BKR 10.DE
2025-12-31	214	$419.0M	15	1NVDA 2AAPL 3MSFT Top holdings2025-12-31 1.NVDA 2.AAPL 3.MSFT 4.DFIV 5.JPST 6.AMZN 7.JPM 8.GOOG 9.WMT 10.BRK-B
2025-09-30	210	$410.6M	49	1NVDA 2MSFT 3AAPL Top holdings2025-09-30 1.NVDA 2.MSFT 3.AAPL 4.JPM 5.AMZN 6.DFIV 7.WMT 8.GOOG 9.JPST 10.MS
2025-06-30	82	$131.7M	0	1SPYM 2SCHD 3IUSG Top holdings2025-06-30 1.SPYM 2.SCHD 3.IUSG 4.FBND 5.IJH 6.QQQ 7.JEPI 8.SPY 9.IEFA 10.AGG
2025-03-31	211	$354.4M	0	1AAPL 2NVDA 3MSFT Top holdings2025-03-31 1.AAPL 2.NVDA 3.MSFT 4.AMZN 5.JPM 6.PG 7.BRK-B 8.WMT 9.V 10.JPST
2024-12-31	215	$359.8M	0	1NVDA 2AAPL 3MSFT Top holdings2024-12-31 1.NVDA 2.AAPL 3.MSFT 4.AMZN 5.JPM 6.WMT 7.PG 8.BRK-B 9.V 10.MS
2024-09-30	160	$324.8M	0	1NVDA 2AAPL 3MSFT Top holdings2024-09-30 1.NVDA 2.AAPL 3.MSFT 4.AMZN 5.PG 6.WMT 7.JPM 8.BRK-B 9.UNH 10.GOOG
2024-06-30	210	$325.3M	0	1NVDA 2MSFT 3AAPL Top holdings2024-06-30 1.NVDA 2.MSFT 3.AAPL 4.AMZN 5.PG 6.JPM 7.GOOG 8.WMT 9.BRK-B 10.UNH
2024-03-31	96	$209.0M	0	1SMH 2UNH 3NVDA Top holdings2024-03-31 1.SMH 2.UNH 3.NVDA 4.AAPL 5.AMZN 6.JPM 7.V 8.BRK-B 9.GOOG 10.APD
2023-09-30	118	$170.3M	0	1UNH 2AAPL 3MSFT Top holdings2023-09-30 1.UNH 2.AAPL 3.MSFT 4.PG 5.AMZN 6.NVDA 7.WMT 8.BRK-B 9.GOOG 10.JPM
2023-06-30	100	$169.7M	0	1AAPL 2UNH 3MSFT Top holdings2023-06-30 1.AAPL 2.UNH 3.MSFT 4.PG 5.NVDA 6.AMZN 7.PEP 8.WMT 9.BRK-B 10.DE
2023-03-31	124	$165.0M	0	1UNH 2AAPL 3MSFT Top holdings2023-03-31 1.UNH 2.AAPL 3.MSFT 4.PG 5.PEP 6.DE 7.WMT 8.NEE 9.BRK-B 10.AMZN
2022-12-31	118	$155.2M	0	1U 2ATR 307WA Top holdings2022-12-31 1.U 2.ATR 3.07WA 4.PRG 5.DCCIX 6.PFE 7.NMVAX 8.HWLAX 9.M97628 10.ZTR
2022-09-30	106	$137.7M	0	1UNH 2AAPL 3MSFT Top holdings2022-09-30 1.UNH 2.AAPL 3.MSFT 4.PG 5.AMZN 6.NEE 7.PEP 8.WMT 9.DE 10.VOO
2022-06-30	118	$147.0M	0	1UNH 2AAPL 3MSFT Top holdings2022-06-30 1.UNH 2.AAPL 3.MSFT 4.PG 5.AMZN 6.NEE 7.PEP 8.WMT 9.BRK-B 10.HON
2021-12-31	58	$84.7M	—	1UNH 2AAPL 3AMZN Top holdings2021-12-31 1.UNH 2.AAPL 3.AMZN 4.JPM 5.NVDA 6.GOOG 7.BRK-B 8.V 9.APD 10.JPST

Holding changes this quarter

Position changes disclosed by Tradewinds, LLC. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	AMZN	Amazon.com INC	+1.6%	-4.46%	Trim
2	NVDA	Nvidia CORP	+1.5%	-11.82%	Trim
3	GOOG	Alphabet Inc-cl C	+1.4%	-8.28%	Trim
4	BKR	Baker Hughes Co	+1.3%	-7.20%	Trim
5	WMT	Walmart INC	+1.3%	-6.11%	Trim
6	CAT	Caterpillar INC	+1.2%	+0.27%	Add
7	DE	Deere & Co	+1%	-6.44%	Trim
8	GOOGL	Alphabet Inc-cl A	+0.9%	+0.73%	Add
9	USFD	US Foods Holding CORP	+0.8%	-7.98%	Trim
10	JPM	Jpmorgan Chase & Co	+0.7%	-4.94%	Trim
11	COHR	Coherent CORP	+0.5%	-9.57%	Trim
12	V	Visa Inc-class A Shares	+0.5%	-4.15%	Trim
13	CIEN	Ciena CORP	+0.4%	-18.66%	Trim
14	BRK-B	Berkshire Hathaway Inc-cl B	+0.4%	-7.45%	Trim
15	LLY	Eli Lilly & Co	+0.4%	+0.36%	Add
16	MSFT	Microsoft CORP	+0.4%	-6.21%	Trim
17	DASH	Doordash INC - A	0%	-6.69%	Trim
18	COIN	Coinbase Global INC -class A	-1.3%	-95.21%	Trim
19	DFIV	Dimensional International Va	—	EXIT	Sold out
20	JPST	Jpmorgan Ultra-short Income	—	EXIT	Sold out
21	DFCF	Dimensional Core Fixed INC	—	EXIT	Sold out
22	GBIL	Goldman Sachs Access Treasur	—	EXIT	Sold out
23	MTUM	Ishares Msci USA Momentum Fa	—	EXIT	Sold out
24	XME	Ss Spdr S&p Metals Mining	—	EXIT	Sold out
25	VTV	Vanguard Value ETF	—	EXIT	Sold out
26	VOO	Vanguard S&p 500 ETF	—	EXIT	Sold out
27	VGT	Vanguard Info Tech ETF	—	EXIT	Sold out
28	QUAL	Ishares Msci USA Quality Fac	—	EXIT	Sold out
29	SIL	Global X Silver Miners ETF	—	EXIT	Sold out
30	EMXC	Ishares Msci Emr Mrk Ex Chna	—	EXIT	Sold out
31	VTI	Vanguard Total Stock Mkt ETF	—	EXIT	Sold out
32	VUG	Vanguard Growth ETF	—	EXIT	Sold out
33	GLD	Spdr Gold Shares	—	EXIT	Sold out
34	GDX	Vaneck Gold Miners ETF	—	EXIT	Sold out
35	VIG	Vanguard Dividend Apprec ETF	—	EXIT	Sold out
36	COPX	Global X Copper Miners ETF	—	EXIT	Sold out
37	PULS	Pgim Ultra Short Bond ETF	—	EXIT	Sold out
38	IVV	Ishares Core S&p 500 ETF	—	EXIT	Sold out
39	AMLP	Alerian Mlp ETF	—	EXIT	Sold out
40	BE	Bloom Energy Corp- A	—	NEW	New buy
41	VYM	Vanguard High Dvd Yield ETF	—	EXIT	Sold out
42	VTIP	Vanguard Short-term Tips	—	EXIT	Sold out
43	XLU	St Sr Utl Sl Se Spdr Etf-usd	—	EXIT	Sold out
44	XLE	Ss Energy Select Sector	—	EXIT	Sold out
45	HELO	Jpmorgan Hedged Equity ETF	—	EXIT	Sold out
46	VXF	Vanguard Extended Market ETF	—	EXIT	Sold out
47	USMV	Ishares Msci USA Min Vol Fac	—	EXIT	Sold out
48	VV	Vanguard Large-cap ETF	—	EXIT	Sold out
49	ABT	Abbott Laboratories	—	EXIT	Sold out
50	VCR	Vanguard Consumer Discre ETF	—	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-04	13F-HR	View on EDGAR
2025-12-31	2026-02-13	13F-HR	View on EDGAR
2025-09-30	2025-10-29	13F-HR	View on EDGAR
2025-06-30	2025-08-06	13F-HR	View on EDGAR
2025-03-31	2025-04-29	13F-HR	View on EDGAR
2024-12-31	2025-02-12	13F-HR	View on EDGAR
2024-09-30	2024-11-08	13F-HR	View on EDGAR
2024-06-30	2024-08-14	13F-HR	View on EDGAR
2024-03-31	2024-05-08	13F-HR	View on EDGAR
2023-09-30	2023-11-06	13F-HR	View on EDGAR
2023-06-30	2023-08-15	13F-HR	View on EDGAR
2023-03-31	2023-04-06	13F-HR	View on EDGAR
2022-12-31	2023-02-08	13F-HR	View on EDGAR
2022-09-30	2022-10-17	13F-HR	View on EDGAR
2022-06-30	2022-08-15	13F-HR	View on EDGAR
2021-12-31	2024-02-05	13F-HR	View on EDGAR