Filed: 11/17/2025ACC: 0001999371-25-018008
📋 What this filing means
FWL INVESTMENT MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 332 equity positions with a total reported market value of $383.63M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
332
Positions
$383.63M
Total AUM (reported)
4.84M
Total Shares
Allocation by class
STOCK$269.35M70.2%
ETF$94.13M24.5%
REIT$10.50M2.7%
ADR$9.65M2.5%
CEF$1.3K0.0%
Portfolio Concentration
Top 3$58.30M15.2%
4–10$108.12M28.2%
11–25$130.92M34.1%
Rest$86.29M22.5%
Top 3 weight
15.2%
Top 10 weight
43.4%
Voting Authority Distribution
Total shares with voting rights: 4.84M
Sole
Full voting authority
4.84M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole332
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings332
Rows:
VANECK GOLD MINERS ETF
SOLEShares263.60K
TypeSH
Market value$20.14M
5.25%
Sole
263.60K
Shared
0.00
None
0.00
ORACLE CORP COM
SOLEShares69.30K
TypeSH
Market value$19.49M
5.08%
Sole
69.30K
Shared
0.00
None
0.00
ALPHABET INC CAP STK CL C
SOLEShares76.67K
TypeSH
Market value$18.67M
4.87%
Sole
76.67K
Shared
0.00
None
0.00
CHENIERE ENERGY INC COM NEW
SOLEShares73.66K
TypeSH
Market value$17.31M
4.51%
Sole
73.66K
Shared
0.00
None
0.00
MICROSOFT CORP COM
SOLEShares33.14K
TypeSH
Market value$17.16M
4.47%
Sole
33.14K
Shared
0.00
None
0.00
ALERIAN MLP ETF
SOLEShares341.07K
TypeSH
Market value$16.01M
4.17%
Sole
341.07K
Shared
0.00
None
0.00
SPDR GOLD SHARES
SOLEShares43.77K
TypeSH
Market value$15.56M
4.06%
Sole
43.77K
Shared
0.00
None
0.00
NVIDIA CORPORATION COM
SOLEShares80.88K
TypeSH
Market value$15.09M
3.93%
Sole
80.88K
Shared
0.00
None
0.00
EATON CORP
SOLEShares37.66K
TypeSH
Market value$14.09M
3.67%
Sole
37.66K
Shared
0.00
None
0.00
WILLIAMS COS INC COM
SOLEShares203.59K
TypeSH
Market value$12.90M
3.36%
Sole
203.59K
Shared
0.00
None
0.00
CAMECO CORP COM
SOLEShares149.49K
TypeSH
Market value$12.54M
3.27%
Sole
149.49K
Shared
0.00
None
0.00
SPDR BLOOMBERG 1-3 MONTH T-BILL ETF
SOLEShares131.78K
TypeSH
Market value$12.09M
3.15%
Sole
131.78K
Shared
0.00
None
0.00
AMAZON COM INC COM
SOLEShares52.71K
TypeSH
Market value$11.57M
3.02%
Sole
52.71K
Shared
0.00
None
0.00
IREN LIMITED ORDINARY SHARES
SOLEShares239.94K
TypeSH
Market value$11.26M
2.94%
Sole
239.94K
Shared
0.00
None
0.00
MICRON TECHNOLOGY INC COM
SOLEShares60.72K
TypeSH
Market value$10.16M
2.65%
Sole
60.72K
Shared
0.00
None
0.00
CACI INTL INC CL A
SOLEShares19.20K
TypeSH
Market value$9.57M
2.50%
Sole
19.20K
Shared
0.00
None
0.00
AGNC INVT CORP COM
SOLEShares976.91K
TypeSH
Market value$9.56M
2.49%
Sole
976.91K
Shared
0.00
None
0.00
ICICI BANK LIMITED ADR
SOLEShares310K
TypeSH
Market value$9.37M
2.44%
Sole
310K
Shared
0.00
None
0.00
MEDTRONIC PLC SHS
SOLEShares95.60K
TypeSH
Market value$9.10M
2.37%
Sole
95.60K
Shared
0.00
None
0.00
ENTERGY CORP NEW COM
SOLEShares92.71K
TypeSH
Market value$8.64M
2.25%
Sole
92.71K
Shared
0.00
None
0.00
TEMPUS AI INC CL A
SOLEShares82.60K
TypeSH
Market value$6.67M
1.74%
Sole
82.60K
Shared
0.00
None
0.00
APPLE INC COM
SOLEShares24.55K
TypeSH
Market value$6.25M
1.63%
Sole
24.55K
Shared
0.00
None
0.00
NVENT ELECTRIC PLC SHS
SOLEShares53.49K
TypeSH
Market value$5.28M
1.38%
Sole
53.49K
Shared
0.00
None
0.00
GLOBAL X COPPER MINERS ETF
SOLEShares74.78K
TypeSH
Market value$4.47M
1.17%
Sole
74.78K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO. COM
SOLEShares13.88K
TypeSH
Market value$4.38M
1.14%
Sole
13.88K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANECK GOLD MINERS ETFSOLE | ETF | 263.60K | SH | $20.14M 5.25% | 263.60K | 0.00 | 0.00 |
ORACLE CORP COMSOLE | Stock | 69.30K | SH | $19.49M 5.08% | 69.30K | 0.00 | 0.00 |
ALPHABET INC CAP STK CL CSOLE | Stock | 76.67K | SH | $18.67M 4.87% | 76.67K | 0.00 | 0.00 |
CHENIERE ENERGY INC COM NEWSOLE | Stock | 73.66K | SH | $17.31M 4.51% | 73.66K | 0.00 | 0.00 |
MICROSOFT CORP COMSOLE | Stock | 33.14K | SH | $17.16M 4.47% | 33.14K | 0.00 | 0.00 |
ALERIAN MLP ETFSOLE | ETF | 341.07K | SH | $16.01M 4.17% | 341.07K | 0.00 | 0.00 |
SPDR GOLD SHARESSOLE | ETF | 43.77K | SH | $15.56M 4.06% | 43.77K | 0.00 | 0.00 |
NVIDIA CORPORATION COMSOLE | Stock | 80.88K | SH | $15.09M 3.93% | 80.88K | 0.00 | 0.00 |
EATON CORPSOLE | Stock | 37.66K | SH | $14.09M 3.67% | 37.66K | 0.00 | 0.00 |
WILLIAMS COS INC COMSOLE | Stock | 203.59K | SH | $12.90M 3.36% | 203.59K | 0.00 | 0.00 |
CAMECO CORP COMSOLE | Stock | 149.49K | SH | $12.54M 3.27% | 149.49K | 0.00 | 0.00 |
SPDR BLOOMBERG 1-3 MONTH T-BILL ETFSOLE | ETF | 131.78K | SH | $12.09M 3.15% | 131.78K | 0.00 | 0.00 |
AMAZON COM INC COMSOLE | Stock | 52.71K | SH | $11.57M 3.02% | 52.71K | 0.00 | 0.00 |
IREN LIMITED ORDINARY SHARESSOLE | Stock | 239.94K | SH | $11.26M 2.94% | 239.94K | 0.00 | 0.00 |
MICRON TECHNOLOGY INC COMSOLE | Stock | 60.72K | SH | $10.16M 2.65% | 60.72K | 0.00 | 0.00 |
CACI INTL INC CL ASOLE | Stock | 19.20K | SH | $9.57M 2.50% | 19.20K | 0.00 | 0.00 |
AGNC INVT CORP COMSOLE | REIT | 976.91K | SH | $9.56M 2.49% | 976.91K | 0.00 | 0.00 |
ICICI BANK LIMITED ADRSOLE | ADR | 310K | SH | $9.37M 2.44% | 310K | 0.00 | 0.00 |
MEDTRONIC PLC SHSSOLE | Stock | 95.60K | SH | $9.10M 2.37% | 95.60K | 0.00 | 0.00 |
ENTERGY CORP NEW COMSOLE | Stock | 92.71K | SH | $8.64M 2.25% | 92.71K | 0.00 | 0.00 |
TEMPUS AI INC CL ASOLE | Stock | 82.60K | SH | $6.67M 1.74% | 82.60K | 0.00 | 0.00 |
APPLE INC COMSOLE | Stock | 24.55K | SH | $6.25M 1.63% | 24.55K | 0.00 | 0.00 |
NVENT ELECTRIC PLC SHSSOLE | Stock | 53.49K | SH | $5.28M 1.38% | 53.49K | 0.00 | 0.00 |
GLOBAL X COPPER MINERS ETFSOLE | ETF | 74.78K | SH | $4.47M 1.17% | 74.78K | 0.00 | 0.00 |
JPMORGAN CHASE & CO. COMSOLE | Stock | 13.88K | SH | $4.38M 1.14% | 13.88K | 0.00 | 0.00 |
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