CWM LLC
Q2 2022 Form 13-F
OMAHA, NEBRASKA
CIK 0001535847
· CRD 155344
· SEC-registered investment adviser
Consolidated report · includes
2 managers
since Q1 2019
$12.9B Reported Value Total
CWM, LLC reports 82,314 total accounts under management (AUM). There are 82,280 discretionary accounts valued at $19,919,586,812, and 34 non-discretionary accounts valued at $29,613,253.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Source: Form ADV filed 2026-10-29
Reported value
$12.9B
Quarter over quarter
-12.6%
Holdings
3,456
Top-10 concentration
35.0%
Filing Structure
Reports holdings for
- Carson Group Investing LLC · File #028-21365 · since Q1 2019
- TrustBank · File #028-26149 · since Q4 2025 · declared by one filing
Holdings reported by
- Spectrum Management Group LLC (not a 13F filer in our records) · Q3 2020 – Q3 2020 · declared by one filing
Key People
Form ADV owners & control persons
Omani Rose Carson
OWNER
Mark Daniel Applegarth
CFO
John Thomas Boyle
SVP, RIA OPERATIONS
Filing Navigation
13F Metrics
Loading 13F Metrics
Q2 2022 13F record
Q2 2022 13F filing summary
| Period of report | June 30, 2022 |
|---|---|
| Filed | July 28, 2022 |
| Form | 13F-HR |
| Reported value | $12.9B |
| Positions | 3,456 |
| Change in reported value | -8.4% |
| New positions | 647 |
| Exited positions | 358 |
| Position turnover | 26.4% |
| Top-10 concentration | 35.0% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q1 2026 13F
Filed May 14, 2026
|
5,638 | $38.1B |
|
Q4 2025 13F
Filed Jan 26, 2026
|
5,148 | $36.9B |
|
Q3 2025 13F
Filed Oct 15, 2025
|
5,073 | $33.3B |
|
Q2 2025 13F
Filed Jul 25, 2025
|
4,952 | $28.4B |
|
Q1 2025 13F
Filed May 1, 2025
|
4,842 | $25.1B |
|
Q4 2024 13F
Filed Feb 4, 2025
|
4,636 | $24.1B |
|
Q3 2024 13F
Filed Oct 8, 2024
|
4,490 | $23.3B |
|
Q2 2024 13F
Filed Jul 10, 2024
|
4,286 | $21.2B |
|
Q1 2024 13F
Filed Apr 5, 2024
|
4,051 | $20.6B |
|
Q4 2023 13F
Filed Feb 1, 2024
|
3,870 | $18.6B |
|
Q3 2023 13F
Filed Oct 11, 2023
|
3,886 | $16.3B |
|
Q2 2023 13F
Filed Aug 3, 2023
|
3,866 | $16.2B |
|
Q1 2023 13F
Filed May 1, 2023
|
3,742 | $14.8B |
|
Q4 2022 13F
Filed Feb 1, 2023
|
3,662 | $13.6B |
|
Q3 2022 13F
Filed Oct 27, 2022
|
3,578 | $12.6B |
|
Q2 2022 13F
Filed Jul 28, 2022
|
3,456 | $12.9B |
|
Q1 2022 13F
Filed Apr 21, 2022
|
3,267 | $14.1B |
|
Q4 2021 13F
Filed Jan 31, 2022
|
3,218 | $14.2B |
|
Q2 2021 13F
Filed Jul 29, 2021
|
2,714 | $12.5B |
31 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q2 2022
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | IVV ISHARES TR | $1.1B | 8.57% |
| 2 | ESGU ISHARES TR | $761.2M | 5.9% |
| 3 | IUSB ISHARES TR | $674.7M | 5.23% |
| 4 | GOVT ISHARES TR | $548.0M | 4.25% |
| 5 | QUAL ISHARES TR | $254.9M | 1.97% |
| 6 | EFV ISHARES TR | $251.9M | 1.95% |
| 7 | IEFA ISHARES TR | $249.2M | 1.93% |
| 8 | MINT PIMCO ETF TR | $234.6M | 1.82% |
| 9 | TIP ISHARES TR | $234.3M | 1.82% |
| 10 | USMV ISHARES TR | $208.6M | 1.62% |
| 11 | MTUM ISHARES TR | $174.5M | 1.35% |
| 12 | EEMV ISHARES INC | $166.1M | 1.29% |
| 13 | AAPL APPLE INC | $147.5M | 1.14% |
| 14 | FALN ISHARES TR | $133.5M | 1.03% |
| 15 | HDV ISHARES TR | $120.5M | 0.93% |
| 16 | MSFT MICROSOFT CORP | $119.8M | 0.93% |
| 17 | LDUR PIMCO ETF TR | $119.2M | 0.92% |
| 18 | QQQ INVESCO QQQ TR | $118.7M | 0.92% |
| 19 | VLUE ISHARES TR | $102.4M | 0.79% |
| 20 | BOND PIMCO ETF TR | $94.8M | 0.73% |
Values as reported on the Q2 2022 Form 13F. Every position is in the holdings table below.