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Portfolio (Quarterly) Guide ↗

FWL INVESTMENT MANAGEMENT, LLC

· CIK 0001829231
13F Portfolio $545M AUM 501 positions Filed Aug 14, 2026 EDGAR ↗ ← All Funds
Q2 2026 · All 501 New
Page 4 of 26  ·  501 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 IVV ISHARES CORE S&P 500 ETF 1,568.0 $1.2M 0.22% NEW $748.97 +2.4%
62 ANNALY CAPITAL MANAGEMENT INC COM NEW 49,794.0 $1.1M 0.20% NEW $22.36
63 PFF ISHARES PREFERRED & INCOME SECURITIES ETF 33,278.0 $1.0M 0.19% NEW $30.49 +0.1%
64 QQQM INVESCO NASDAQ 100 ETF 3,084.0 $934K 0.17% NEW $302.95 -4.0%
65 AZN ASTRAZENECA PLC ORD Healthcare 4,601.0 $872K 0.16% NEW $189.62 -12.1%
66 PM PHILIP MORRIS INTL INC COM Consumer Defensive 4,717.0 $853K 0.16% NEW $180.91 +5.8%
67 AEP AMERICAN ELEC PWR CO INC COM Utilities 6,005.0 $822K 0.15% NEW $136.81 -10.8%
68 AXP AMERICAN EXPRESS CO COM Financial Services 2,376.0 $804K 0.15% NEW $338.25 -0.3%
69 KO COCA COLA CO COM Consumer Defensive 9,792.0 $796K 0.15% NEW $81.27 +13.2%
70 JNJ JOHNSON & JOHNSON COM Healthcare 2,809.0 $713K 0.13% NEW $253.97 +7.5%
71 CAH CARDINAL HEALTH INC COM Healthcare 3,000.0 $713K 0.13% NEW $237.56 -2.2%
72 XLU STATE STREET UTILITIES SELECT SECTOR SPDR ETF 15,444.0 $700K 0.13% NEW $45.34 -4.7%
73 VGT VANGUARD INFORMATION TECHNOLOGY ETF 5,714.0 $683K 0.12% NEW $119.52 -2.6%
74 ROST ROSS STORES INC COM Consumer Cyclical 3,200.0 $681K 0.12% NEW $212.85 +13.5%
75 AVGO BROADCOM INC COM Technology 1,790.0 $676K 0.12% NEW $377.75 -5.0%
76 RTX RTX CORPORATION COM Industrials 3,368.0 $639K 0.12% NEW $189.73 +10.3%
77 GRID FIRST TRUST NASDAQ CLEAN EDGE SMART GRID INFRASTRUCTURE INDEX 3,253.0 $624K 0.12% NEW $191.78 -7.1%
78 VUG VANGUARD GROWTH ETF 7,200.0 $620K 0.11% NEW $86.14 +0.9%
79 SAP SAP SE SPON ADR Technology 3,910.0 $603K 0.11% NEW $154.11 +41.9%
80 WEC WEC ENERGY GROUP INC COM Utilities 5,000.0 $584K 0.11% NEW $116.77 -7.9%
Page 4 of 26  ·  501 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 33.5%
Energy 20.6%
Financial Services 14.9%
Industrials 11.2%
Healthcare 7.8%
Consumer Cyclical 3.7%
Real Estate 3.4%
Consumer Defensive 2.4%
Utilities 1.0%
Communication Services 0.9%