CWM, LLC

OMAHA, NE · CIK 1535847 · 13F filing filed 2026-05-14

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyOffutt Afb, NE

$38.0bn reported value +3.1% vs Q4 2025

5,645positions

17.7%in top 10

287 new 3,084 added 1,689 reduced 201 sold out vs Q4 2025

Options: 17 call positions ($1.6m notional), 9 put positions ($14.2m notional) – listed below, not included above.

This report includes the holdings of 1 other manager that shares the investment decisions:

Carson Group Investing, LLC – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q1 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES TR CORE S&P500 ETF IVV	IVV	1,394,503	$910.9m2.39%	2.39%	Reduced -41.3k	-41,285 -2.9%
2	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	11,255,034	$861.5m2.26%	2.26%	Added +895.8k	+895,773 8.7%
3	ISHARES TR CORE TOTAL USD IUSB	IUSB	17,616,671	$813.7m2.14%	2.14%	Added +422.5k	+422,500 2.5%
4	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	17,682,357	$807.2m2.12%	2.12%	Added +2.2m	+2,161,800 13.9%
5	APPLE INC COM AAPL	AAPL	2,730,847	$693.1m1.82%	1.82%	Added +20.6k	+20,623 0.8%
6	NVIDIA CORPORATION COM NVDA	NVDA	3,473,955	$605.9m1.59%	1.59%	Added +100.1k	+100,068 3.0%
7	ISHARES TR S&P 500 VAL ETF IVE	IVE	2,566,919	$542.0m1.42%	1.42%	Reduced -12.3k	-12,329 -0.5%
8	ISHARES TR S&P 500 GRWT ETF IVW	IVW	4,777,915	$540.4m1.42%	1.42%	Added +2.7k	+2,664 0.1%
9	BLACKROCK ETF TRUST ISHA IN CTRY ETF CORO	CORO	16,208,136	$521.1m1.37%	1.37%	New
10	BLACKROCK ETF TRUST ISHARES US EQUIT DYNF	DYNF	7,830,130	$455.6m1.20%	1.20%	Reduced -184.5k	-184,536 -2.3%
11	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	682,869	$444.1m1.17%	1.17%	Added +180.8k	+180,828 36.0%
12	MICROSOFT CORP COM MSFT	MSFT	1,186,360	$439.2m1.15%	1.15%	Added +115.4k	+115,406 10.8%
13	INVESCO EXCH TRADED FD TR II S&P 500 MOMNTM SPMO	SPMO	3,591,581	$402.7m1.06%	1.06%	Added +599.4k	+599,399 20.0%
14	SPDR SER TR PORTFLI INTRMDIT SPTI	SPTI	12,847,946	$368.2m0.97%	0.97%	Added +6.6m	+6,558,818 104.3%
15	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	1,889,343	$362.4m0.95%	0.95%	Reduced -356.6k	-356,585 -15.9%
16	SPDR SER TR PORTFOLIO AGRGTE SPAB	SPAB	14,001,534	$358.7m0.94%	0.94%	Reduced -4.2m	-4,192,224 -23.0%
17	PIMCO ETF TR ACTIVE BD ETF BOND	BOND	3,741,411	$345.3m0.91%	0.91%	Reduced -408.2k	-408,165 -9.8%
18	AMAZON COM INC COM AMZN	AMZN	1,619,786	$337.4m0.89%	0.89%	Added +79.1k	+79,148 5.1%
19	SPDR SER TR SSGA US LRG ETF LGLV	LGLV	1,783,969	$317.7m0.84%	0.84%	Reduced -20.2k	-20,191 -1.1%
20	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	653,482	$285.4m0.75%	0.75%	Added +9.9k	+9,905 1.5%
21	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	490,751	$283.3m0.74%	0.74%	Reduced -23.3k	-23,311 -4.5%
22	ALPHABET INC CAP STK CL A GOOGL	GOOGL	962,835	$276.9m0.73%	0.73%	Reduced -77.1k	-77,115 -7.4%
23	ISHARES TR MSCI USA MMENTM MTUM	MTUM	1,149,067	$275.8m0.72%	0.72%	Added +7.6k	+7,642 0.7%
24	SPDR SERIES TRUST PRTFLO S&P500 GW SPYG	SPYG	2,780,818	$272.3m0.72%	0.72%	Reduced -62.4k	-62,399 -2.2%
25	SPDR SERIES TRUST PORTFOLI S&P1500 SPTM	SPTM	3,349,506	$264.8m0.70%	0.70%	Added +83.2k	+83,169 2.5%
26	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	2,630,828	$241.1m0.63%	0.63%	Added +159.8k	+159,750 6.5%
27	SPDR SERIES TRUST PRTFLO S&P500 VL SPYV	SPYV	4,161,823	$235.5m0.62%	0.62%	Added +76.8k	+76,764 1.9%
28	ISHARES INC CORE MSCI EMKT IEMG	IEMG	3,247,216	$226.5m0.60%	0.60%	Reduced -2.4m	-2,442,872 -42.9%
29	ISHARES TR EAFE VALUE ETF EFV	EFV	3,030,442	$225.3m0.59%	0.59%	Reduced -2.5m	-2,473,244 -44.9%
30	SSGA ACTIVE ETF TR SPDR TR TACTIC TOTL	TOTL	5,455,083	$216.7m0.57%	0.57%	Added +714.9k	+714,905 15.1%
31	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	7,205,154	$209.9m0.55%	0.55%	Reduced -253.5k	-253,458 -3.4%
32	BROADCOM INC COM AVGO	AVGO	667,208	$206.5m0.54%	0.54%	Added +16.4k	+16,351 2.5%
33	SPDR SER TR BLOOMBERG 3-12 M BILS	BILS	2,019,477	$200.8m0.53%	0.53%	Reduced -38.0k	-37,965 -1.9%
34	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	394,551	$189.1m0.50%	0.50%	Added +9.7k	+9,726 2.5%
35	BLACKROCK ETF TRUST ISHA I IN TE ETF BAI	BAI	5,610,905	$184.9m0.49%	0.49%	Added +490.3k	+490,266 9.6%
36	ISHARES TR MBS ETF MBB	MBB	1,927,060	$183.0m0.48%	0.48%	Added +16.9k	+16,950 0.9%
37	FIDELITY MERRIMACK STR TR TOTAL BD ETF FBND	FBND	3,864,523	$176.3m0.46%	0.46%	Added +595.6k	+595,649 18.2%
38	WALMART INC COM WMT	WMT	1,417,724	$176.2m0.46%	0.46%	Added +184.2k	+184,203 14.9%
39	EXXON MOBIL CORP COM XOM	XOM	1,030,824	$174.9m0.46%	0.46%	Reduced -23.1k	-23,056 -2.2%
40	FIRST TR EXCHNG TRADED FD VI FT VEST LADDERED BUFR	BUFR	5,140,529	$173.6m0.46%	0.46%	Added +176.3k	+176,273 3.5%
41	ISHARES TR US TREAS BD ETF GOVT	GOVT	7,549,432	$173.0m0.45%	0.45%	Added +6.5m	+6,478,078 604.7%
42	JOHNSON & JOHNSON COM JNJ	JNJ	692,270	$169.2m0.44%	0.44%	Added +35.4k	+35,395 5.4%
43	VANGUARD INDEX FDS VALUE ETF VTV	VTV	854,071	$167.6m0.44%	0.44%	Reduced -5.8k	-5,774 -0.7%
44	JPMORGAN CHASE & CO COM JPM	JPM	550,203	$161.8m0.43%	0.43%	Added +14.1k	+14,094 2.6%
45	PIMCO ETF TR ENHAN SHRT MA AC MINT	MINT	1,603,698	$161.3m0.42%	0.42%	Reduced -71.9k	-71,864 -4.3%
46	SSGA ACTIVE ETF TR ULT SHT TRM BD ULST	ULST	3,949,890	$160.0m0.42%	0.42%	Added +147.3k	+147,278 3.9%
47	ISHARES TR 10-20 YR TRS ETF TLH	TLH	1,558,713	$157.0m0.41%	0.41%	Reduced -32.8k	-32,774 -2.1%
48	PUTNAM ETF TRUST FOCUSED LAR CAP PVAL	PVAL	3,343,154	$155.1m0.41%	0.41%	Added +93.5k	+93,526 2.9%
49	TESLA INC COM TSLA	TSLA	413,279	$153.6m0.40%	0.40%	Added +23.8k	+23,773 6.1%
50	J P MORGAN EXCHANGE TRADED F INTRNL RES EQT JIRE	JIRE	1,912,801	$144.9m0.38%	0.38%	Added +206.6k	+206,595 12.1%
51	SPDR GOLD TR GOLD SHS GLD	GLD	329,282	$141.7m0.37%	0.37%	Reduced -50.8k	-50,818 -13.4%
52	SPDR INDEX SHS FDS PORTFOLIO EMG MK SPEM	SPEM	2,985,833	$140.1m0.37%	0.37%	Added +547.6k	+547,581 22.5%
53	META PLATFORMS INC CL A META	META	244,595	$139.9m0.37%	0.37%	Reduced -8.2k	-8,188 -3.2%
54	BLACKROCK ETF TRUST ISHARES DEFENSE IDEF	IDEF	4,250,401	$139.1m0.37%	0.37%	New
55	BLACKROCK ETF TRUST ISHA LA CORE ETF BLCR	BLCR	3,382,266	$138.9m0.37%	0.37%	New
56	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	1,044,720	$138.8m0.37%	0.37%	Reduced -360.3k	-360,323 -25.6%
57	SPDR SERIES TRUST PORTFOLIO S&P400 SPMD	SPMD	2,263,455	$134.0m0.35%	0.35%	Reduced -1.3m	-1,327,276 -37.0%
58	ALPHABET INC CAP STK CL C GOOG	GOOG	464,319	$133.2m0.35%	0.35%	Added +17.8k	+17,761 4.0%
59	ELI LILLY & CO COM LLY	LLY	144,076	$132.5m0.35%	0.35%	Added +6.2k	+6,245 4.5%
60	PIMCO ETF TR MULTISECTOR BD PYLD	PYLD	5,004,693	$131.1m0.34%	0.34%	Added +786.7k	+786,686 18.6%
61	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	214,486	$128.2m0.34%	0.34%	Reduced -6.3k	-6,279 -2.8%
62	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	4,054,445	$124.4m0.33%	0.33%	Reduced -1.5m	-1,450,613 -26.4%
63	MERCK & CO INC COM MRK	MRK	1,010,525	$121.6m0.32%	0.32%	Reduced -6.5k	-6,498 -0.6%
64	FIDELITY COVINGTON TRUST BLUE CHIP GRWTH FBCG	FBCG	2,412,385	$120.9m0.32%	0.32%	Added +1.3m	+1,342,686 125.5%
65	AMERICAN CENTY ETF TR INTL EQT ETF AVDE	AVDE	1,415,086	$120.1m0.32%	0.32%	Added +264.3k	+264,331 23.0%
66	SPDR SER TR PORTFLI TIPS ETF SPIP	SPIP	4,582,105	$119.2m0.31%	0.31%	Added +496.9k	+496,894 12.2%
67	J P MORGAN EXCHANGE TRADED F ACTIVE GROWTH JGRO	JGRO	1,405,248	$118.8m0.31%	0.31%	Reduced -47.2k	-47,174 -3.2%
68	BLACKROCK ETF TRUST ISHARES US THEMA THRO	THRO	3,266,015	$118.3m0.31%	0.31%	Added +4.3k	+4,338 0.1%
69	LISTED FDS TR SWAN HEDGED EQTY HEGD	HEGD	4,586,482	$113.3m0.30%	0.30%	Added +694.6k	+694,636 17.9%
70	ISHARES TR CORE INTL AGGR IAGG	IAGG	2,255,829	$112.9m0.30%	0.30%	Added +77.8k	+77,818 3.6%
71	SCHWAB STRATEGIC TR US AGGREGATE B SCHZ	SCHZ	4,789,548	$111.2m0.29%	0.29%	Added +767.1k	+767,142 19.1%
72	PIMCO ETF TR INV GRD CRP BD CORP	CORP	1,138,477	$110.2m0.29%	0.29%	Added +29.5k	+29,508 2.7%
73	TIDAL TRUST II RET STCKD GL STK RSSB	RSSB	3,995,437	$108.7m0.29%	0.29%	Added +219.7k	+219,707 5.8%
74	PROCTER AND GAMBLE CO COM PG	PG	750,348	$108.4m0.28%	0.28%	Added +64.4k	+64,414 9.4%
75	ABBVIE INC COM ABBV	ABBV	464,400	$101.0m0.27%	0.27%	Added +4.4k	+4,399 1.0%
76	CISCO SYS INC COM CSCO	CSCO	1,285,420	$99.7m0.26%	0.26%	Reduced -44.6k	-44,560 -3.4%
77	CAPITAL GROUP DIVIDEND VALUE SHS CREATION UNI CGDV	CGDV	2,340,152	$99.6m0.26%	0.26%	Added +342.3k	+342,344 17.1%
78	VANECK ETF TRUST REAL ASSETS ETF RAAX	RAAX	2,434,200	$99.1m0.26%	0.26%	Added +2.2m	+2,218,278 1027.3%
79	WISDOMTREE TR US HIGH DIVIDEND DHS	DHS	861,983	$94.1m0.25%	0.25%	Added +2.9k	+2,872 0.3%
80	BLACKROCK ETF TRUST II ISHARES FLEXIBLE BINC	BINC	1,799,492	$93.4m0.25%	0.25%	Reduced -176.7k	-176,740 -8.9%
81	CATERPILLAR INC COM CAT	CAT	130,235	$92.3m0.24%	0.24%	Added +12.9k	+12,879 11.0%
82	SIMPLIFY EXCHANGE TRADED FUN US EQUI PLUS ETF CTAP	CTAP	3,369,085	$90.2m0.24%	0.24%	New
83	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	1,121,300	$88.9m0.23%	0.23%	Added +114.3k	+114,267 11.3%
84	HOME DEPOT INC COM HD	HD	261,911	$86.1m0.23%	0.23%	Added +19.7k	+19,685 8.1%
85	WORLD GOLD TR SPDR GLD MINIS GLDM	GLDM	922,738	$85.5m0.22%	0.22%	Reduced -8.8k	-8,783 -0.9%
86	PIMCO ETF TR ENHNCD LW DUR AC LDUR	LDUR	891,772	$85.4m0.22%	0.22%	Reduced -48.2k	-48,161 -5.1%
87	GE AEROSPACE COM NEW GE	GE	297,986	$84.6m0.22%	0.22%	Added +43.1k	+43,121 16.9%
88	INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM	QQQM	354,132	$84.1m0.22%	0.22%	Added +16.2k	+16,182 4.8%
89	INVESCO ACTIVELY MANAGED EXC TOTAL RETURN GTO	GTO	1,786,634	$83.7m0.22%	0.22%	Reduced -274.3k	-274,303 -13.3%
90	CHEVRON CORP NEW COM CVX	CVX	398,906	$82.5m0.22%	0.22%	Added +39.1k	+39,097 10.9%
91	DOUBLELINE ETF TRUST OPPORTUNISTIC CO DBND	DBND	1,795,342	$82.2m0.22%	0.22%	Added +173.1k	+173,132 10.7%
92	SELECT SECTOR SPDR TR ENERGY XLE	XLE	1,342,139	$82.2m0.22%	0.22%	Added +215.7k	+215,728 19.1%
93	VISA INC COM CL A V	V	269,729	$81.5m0.21%	0.21%	Added +14.4k	+14,358 5.6%
94	J P MORGAN EXCHANGE TRADED F ULTRA SHRT ETF JPST	JPST	1,603,139	$81.1m0.21%	0.21%	Added +487.8k	+487,822 43.7%
95	CAPITAL GROUP GROWTH ETF SHS CREATION UNI CGGR	CGGR	2,002,105	$80.5m0.21%	0.21%	Reduced -253.2k	-253,232 -11.2%
96	COSTCO WHSL CORP NEW COM COST	COST	80,747	$80.5m0.21%	0.21%	Added +9.0k	+9,042 12.6%
97	ISHARES TR NATIONAL MUN ETF MUB	MUB	751,600	$79.8m0.21%	0.21%	Added +63.7k	+63,676 9.3%
98	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	3,218,486	$79.7m0.21%	0.21%	Added +284.4k	+284,417 9.7%
99	SPDR SER TR PORTFOLIO LN TSR SPTL	SPTL	2,966,485	$78.0m0.21%	0.21%	Added +216.4k	+216,358 7.9%
100	ISHARES TR 0-3 MNTH TREASRY SGOV	SGOV	774,491	$78.0m0.20%	0.20%	Added +432.1k	+432,092 126.2%

Sold out since Q4 2025

Security	Ticker	Shares held before	Value then
EXACT SCIENCES CORP EXAS	EXAS	121,092	$12.3m121.1k shares
PINNACLE FINL PARTNERS INC		109,279	$10.4m109.3k shares
CONFLUENT INC CFLT	CFLT	260,369	$7.9m260.4k shares
SYNOVUS FINL CORP		120,586	$6.0m120.6k shares
DAYFORCE INC DAY	DAY	51,400	$3.6m51.4k shares
ASTRAZENECA PLC		9,484	$1.7m9.5k shares
AMCOR PLC AMCR	AMCR	200,788	$1.7m200.8k shares
REV GROUP INC REVG	REVG	22,985	$1.4m23.0k shares
COMERICA INC CMA	CMA	13,226	$1.1m13.2k shares
INNOVATOR ETFS TRUST XBJL	XBJL	29,087	$1.1m29.1k shares
INNOVATOR ETFS TRUST XBJA	XBJA	34,761	$1.1m34.8k shares
INNOVATOR ETFS TRUST XBAP	XBAP	28,702	$1.1m28.7k shares
INNOVATOR ETFS TRUST XBOC	XBOC	33,060	$1.1m33.1k shares
TREEHOUSE FOODS INC THS	THS	40,062	$945.0k40.1k shares
TEGNA INC TGNA	TGNA	40,232	$781.0k40.2k shares
JAMF HLDG CORP JAMF	JAMF	44,945	$585.0k44.9k shares
CIVITAS RESOURCES INC CIVI	CIVI	19,642	$532.0k19.6k shares
ANYWHERE REAL ESTATE INC HOUS	HOUS	33,844	$479.0k33.8k shares
POTLATCHDELTIC CORPORATION PCH	PCH	11,529	$459.0k11.5k shares
CADENCE BANK BXS	BXS	8,224	$352.0k8.2k shares
OLYMPIC STEEL INC ZEUS	ZEUS	8,089	$346.0k8.1k shares
INDIVIOR PLC INDV	INDV	9,002	$323.0k9.0k shares
CYBERARK SOFTWARE LTD CYBR	CYBR	715	$319.0k715 shares
FRONTIER COMMUNICATIONS PARE FYBR	FYBR	8,347	$318.0k8.3k shares
QIAGEN NV QGEN	QGEN	6,567	$295.0k6.6k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	348,000	$14.0m348.0k shares	Added
SPDR S&P 500 ETF TR SPY · Call	SPY	Call	11,100	$1.1m11.1k shares	Added
ADVANCED MICRO DEVICES INC AMD · Call	AMD	Call	4,000	$102.8k4.0k shares	New
NVIDIA CORPORATION NVDA · Put	NVDA	Put	10,000	$97.5k10.0k shares	Reduced
MICROSOFT CORP MSFT · Call	MSFT	Call	3,000	$94.2k3.0k shares	New
ALIBABA GROUP HLDG LTD BABA · Call	BABA	Call	6,500	$66.7k6.5k shares	New
VANECK ETF TRUST GDX · Call	GDX	Call	4,000	$56.6k4.0k shares	Added
APPLE INC AAPL · Put	AAPL	Put	9,700	$52.4k9.7k shares	Added
GOLDMAN SACHS GROUP INC GS · Call	GS	Call	500	$37.5k500 shares	New
TESLA INC TSLA · Put	TSLA	Put	2,300	$30.8k2.3k shares	New
LAM RESEARCH CORP LRCX · Call	LRCX	Call	1,000	$28.2k1.0k shares	New
NVIDIA CORPORATION NVDA · Call	NVDA	Call	3,000	$27.0k3.0k shares	Reduced
AMAZON COM INC AMZN · Put	AMZN	Put	3,000	$25.5k3.0k shares	Added
APOLLO GLOBAL MGMT INC APO · Put	APO	Put	3,600	$24.8k3.6k shares	New
DEFINIUM THERAPEUTICS INC DFTX · Call	DFTX	Call	1,000	$16.5k1.0k shares	New
PFIZER INC PFE · Call	PFE	Call	2,000	$16.4k2.0k shares	New
ISHARES TR EEM · Call	EEM	Call	5,000	$15.2k5.0k shares	New
IOVANCE BIOTHERAPEUTICS INC IOVA · Call	IOVA	Call	10,000	$14.5k10.0k shares	New
GE AEROSPACE GE · Put	GE	Put	1,300	$13.5k1.3k shares	Unchanged
RECURSION PHARMACEUTICALS IN RXRX · Call	RXRX	Call	20,000	$11.0k20.0k shares	New
GE VERNOVA INC GEV · Put	GEV	Put	200	$9.1k200 shares	Reduced
JOBY AVIATION INC JOBY · Call	JOBY	Call	1,000	$2.7k1.0k shares	Unchanged
ASTRAZENECA PLC AZN · Put	AZN	Put	3,600	$1.8k3.6k shares	New
ARCHER AVIATION INC ACHR · Call	ACHR	Call	1,000	$1.3k1.0k shares	Added
BITMINE IMMERSION TECNOLOGIE BMNR · Call	BMNR	Call	100	$188100 shares	New