FWG HOLDINGS, LLC

Filed: 10/30/2025ACC: 0001862067-25-000002

📋 What this filing means

FWG HOLDINGS, LLC filed this quarterly 13F‑HR report disclosing 109 equity positions with a total reported market value of $231.74M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

109

Positions

$231.74M

Total AUM (reported)

1.72M

Total Shares

Allocation by class

COM$61.16M26.4%

GROWTH ETF$40.99M17.7%

VALUE ETF$28.35M12.2%

UNIT SER 1$21.58M9.3%

TOTAL BD ETF$10.74M4.6%

TR UNIT$8.86M3.8%

MRNGSTR WDE MOAT$8.56M3.7%

Portfolio Concentration

Top 3$90.92M39.2%

4–10$50.31M21.7%

11–25$33.59M14.5%

Rest$56.92M24.6%

Top 3 weight

39.2%

Top 10 weight

60.9%

Voting Authority Distribution

Total shares with voting rights: 1.72M

Sole

Full voting authority

39.45K

% of voting shares2.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.68M

% of voting shares97.7%

Investment Discretion (by position count)

Sole109

Shared0

Other0

Dominant voting typeNone · 97.7% of voting shares

Institutional Holdings109

Rows:

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares81.28K

TypeSH

Market value$40.99M

17.69%

Sole

Shared

0.00

None

80.28K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares152.40K

TypeSH

Market value$28.35M

12.23%

Sole

1.37K

Shared

0.00

None

151.03K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares33.95K

TypeSH

Market value$21.58M

9.31%

Sole

56.00

Shared

0.00

None

33.89K

FIDELITY MERRIMACK STR TR

SOLE

TOTAL BD ETF

Shares230.46K

TypeSH

Market value$10.74M

4.64%

Sole

2.75K

Shared

0.00

None

227.71K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares12.89K

TypeSH

Market value$8.86M

3.82%

Sole

0.00

Shared

0.00

None

12.89K

VANECK ETF TRUST

SOLE

MRNGSTR WDE MOAT

Shares84.54K

TypeSH

Market value$8.56M

3.69%

Sole

659.00

Shared

0.00

None

83.88K

NVIDIA CORPORATION

SOLE

COM

Shares37.99K

TypeSH

Market value$7.87M

3.39%

Sole

1.94K

Shared

0.00

None

36.05K

APPLE INC

SOLE

COM

Shares18.27K

TypeSH

Market value$4.93M

2.13%

Sole

907.00

Shared

0.00

None

17.36K

ISHARES TR

SOLE

TRS FLT RT BD

Shares95.65K

TypeSH

Market value$4.84M

2.09%

Sole

890.00

Shared

0.00

None

94.76K

MICROSOFT CORP

SOLE

COM

Shares8.34K

TypeSH

Market value$4.52M

1.95%

Sole

263.00

Shared

0.00

None

8.08K

JPMORGAN CHASE & CO.

SOLE

COM

Shares12.20K

TypeSH

Market value$3.73M

1.61%

Sole

347.00

Shared

0.00

None

11.85K

AMAZON COM INC

SOLE

COM

Shares14.51K

TypeSH

Market value$3.34M

1.44%

Sole

674.00

Shared

0.00

None

13.84K

J P MORGAN EXCHANGE TRADED F

SOLE

NASDAQ EQT PREM

Shares48.76K

TypeSH

Market value$2.89M

1.25%

Sole

1.53K

Shared

0.00

None

47.23K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares5.63K

TypeSH

Market value$2.68M

1.16%

Sole

480.00

Shared

0.00

None

5.15K

ALPHABET INC

SOLE

CAP STK CL C

Shares8.36K

TypeSH

Market value$2.30M

0.99%

Sole

0.00

Shared

0.00

None

8.36K

META PLATFORMS INC

SOLE

CL A

Shares2.99K

TypeSH

Market value$2.25M

0.97%

Sole

79.00

Shared

0.00

None

2.91K

TESLA INC

SOLE

COM

Shares4.84K

TypeSH

Market value$2.23M

0.96%

Sole

471.00

Shared

0.00

None

4.37K

PALANTIR TECHNOLOGIES INC

SOLE

CL A

Shares10.40K

TypeSH

Market value$2.07M

0.89%

Sole

1.40K

Shared

0.00

None

ISHARES TR

SOLE

20+ YEAR TR BD

Shares82K

TypeSH

Market value$1.96M

0.85%

Sole

809.00

Shared

0.00

None

81.19K

BROADCOM INC

SOLE

COM

Shares4.67K

TypeSH

Market value$1.80M

0.78%

Sole

0.00

Shared

0.00

None

4.67K

ISHARES BITCOIN TRUST ETF

SOLE

SHS BEN INT

Shares28.57K

TypeSH

Market value$1.79M

0.77%

Sole

422.00

Shared

0.00

None

28.15K

FIRST TR EXCHANGE-TRADED FD

SOLE

SHS

Shares37.11K

TypeSH

Market value$1.67M

0.72%

Sole

0.00

Shared

0.00

None

37.11K

BOEING CO

SOLE

COM

Shares7.73K

TypeSH

Market value$1.65M

0.71%

Sole

0.00

Shared

0.00

None

7.73K

ELI LILLY & CO

SOLE

COM

Shares2.02K

TypeSH

Market value$1.65M

0.71%

Sole

0.00

Shared

0.00

None

2.02K

CATERPILLAR INC

SOLE

COM

Shares2.69K

TypeSH

Market value$1.57M

0.68%

Sole

217.00

Shared

0.00

None

2.47K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD INDEX FDSSOLE	GROWTH ETF	81.28K	SH	$40.99M 17.69%	1K	80.28K
VANGUARD INDEX FDSSOLE	VALUE ETF	152.40K	SH	$28.35M 12.23%	1.37K	151.03K
INVESCO QQQ TRSOLE	UNIT SER 1	33.95K	SH	$21.58M 9.31%	56.00	33.89K
FIDELITY MERRIMACK STR TRSOLE	TOTAL BD ETF	230.46K	SH	$10.74M 4.64%	2.75K	227.71K
SPDR S&P 500 ETF TRSOLE	TR UNIT	12.89K	SH	$8.86M 3.82%	0.00	12.89K
VANECK ETF TRUSTSOLE	MRNGSTR WDE MOAT	84.54K	SH	$8.56M 3.69%	659.00	83.88K
NVIDIA CORPORATIONSOLE	COM	37.99K	SH	$7.87M 3.39%	1.94K	36.05K
APPLE INCSOLE	COM	18.27K	SH	$4.93M 2.13%	907.00	17.36K
ISHARES TRSOLE	TRS FLT RT BD	95.65K	SH	$4.84M 2.09%	890.00	94.76K
MICROSOFT CORPSOLE	COM	8.34K	SH	$4.52M 1.95%	263.00	8.08K
JPMORGAN CHASE & CO.SOLE	COM	12.20K	SH	$3.73M 1.61%	347.00	11.85K
AMAZON COM INCSOLE	COM	14.51K	SH	$3.34M 1.44%	674.00	13.84K
J P MORGAN EXCHANGE TRADED FSOLE	NASDAQ EQT PREM	48.76K	SH	$2.89M 1.25%	1.53K	47.23K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	5.63K	SH	$2.68M 1.16%	480.00	5.15K
ALPHABET INCSOLE	CAP STK CL C	8.36K	SH	$2.30M 0.99%	0.00	8.36K
META PLATFORMS INCSOLE	CL A	2.99K	SH	$2.25M 0.97%	79.00	2.91K
TESLA INCSOLE	COM	4.84K	SH	$2.23M 0.96%	471.00	4.37K
PALANTIR TECHNOLOGIES INCSOLE	CL A	10.40K	SH	$2.07M 0.89%	1.40K	9K
ISHARES TRSOLE	20+ YEAR TR BD	82K	SH	$1.96M 0.85%	809.00	81.19K
BROADCOM INCSOLE	COM	4.67K	SH	$1.80M 0.78%	0.00	4.67K
ISHARES BITCOIN TRUST ETFSOLE	SHS BEN INT	28.57K	SH	$1.79M 0.77%	422.00	28.15K
FIRST TR EXCHANGE-TRADED FDSOLE	SHS	37.11K	SH	$1.67M 0.72%	0.00	37.11K
BOEING COSOLE	COM	7.73K	SH	$1.65M 0.71%	0.00	7.73K
ELI LILLY & COSOLE	COM	2.02K	SH	$1.65M 0.71%	0.00	2.02K
CATERPILLAR INCSOLE	COM	2.69K	SH	$1.57M 0.68%	217.00	2.47K

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