NWM ADVISORS LLC
Q3 2026 Form 13-F
SAN LUIS OBISPO, CALIFORNIA
CIK 0002098824
· CRD 283714
· SEC-registered investment adviser
$127.6M Reported Value Total
NWM ADVISORS, LLC reports 501 total accounts under management (AUM). There are 499 discretionary accounts valued at $317,186,141, and 2 non-discretionary accounts valued at $11,871,483.
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 2026-02-13
Reported value
$127.6M
Quarter over quarter
+1.5%
Holdings
21
Top-10 concentration
83.6%
Key People
Form ADV owners & control persons
Kevin Mark Nichols
PRESIDENT & CHIEF COMPLIANCE OFFICER
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13F Metrics
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Q3 2026 13F record
Q3 2026 13F filing summary
| Period of report | September 30, 2026 |
|---|---|
| Filed | November 09, 2026 |
| Form | 13F-HR |
| Reported value | $127.6M |
| Positions | 21 |
| Change in reported value | +0.5% |
| New positions | 0 |
| Exited positions | 2 |
| Position turnover | 8.7% |
| Top-10 concentration | 83.6% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q3 2026 13F
Filed Nov 9, 2026
|
21 | $127.6M |
|
Q2 2026 13F
Filed Aug 7, 2026
|
23 | $127.0M |
|
Q1 2026 13F
Filed May 13, 2026
|
23 | $109.8M |
|
Q4 2025 13F
Filed Feb 4, 2026
|
25 | $114.9M |
Top 20 holdings · Q3 2026
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | VOO VANGUARD INDEX FDS | $37.7M | 29.51% |
| 2 | IVOO VANGUARD ADMIRAL FDS INC | $15.4M | 12.05% |
| 3 | BRK-B BERKSHIRE HATHAWAY INC DEL | $10.8M | 8.43% |
| 4 | VO VANGUARD INDEX FDS | $8.6M | 6.74% |
| 5 | SCHA SCHWAB STRATEGIC TR | $6.9M | 5.37% |
| 6 | QTEC FIRST TR EXCHANGE-TRADED FD | $6.1M | 4.76% |
| 7 | MSFT MICROSOFT CORP | $5.8M | 4.51% |
| 8 | AAPL APPLE INC | $5.6M | 4.36% |
| 9 | NVDA NVIDIA CORPORATION | $5.1M | 4.01% |
| 10 | JPM JPMORGAN CHASE & CO | $4.9M | 3.88% |
| 11 | V VISA INC | $4.9M | 3.83% |
| 12 | VGT VANGUARD WORLD FD | $3.9M | 3.03% |
| 13 | ALAI THE ALGER ETF TRUST | $3.5M | 2.74% |
| 14 | SPY STATE STR SPDR S&P 500 ETF T | $2.7M | 2.1% |
| 15 | VCRM VANGUARD MUN BD FDS | $2.2M | 1.76% |
| 16 | UPS UNITED PARCEL SVCS INC | $1.5M | 1.15% |
| 17 | FDL FIRST TR EXCHANGE-TRADED FD | $963.4K | 0.76% |
| 18 | CRWD CROWDSTRIKE HLDGS INC | $419.4K | 0.33% |
| 19 | CAT CATERPILLAR INC | $325.1K | 0.25% |
| 20 | XLE SELECT SECTOR SPDR TR | $311.2K | 0.24% |
Values as reported on the Q3 2026 Form 13F. Every position is in the holdings table below.