FWL INVESTMENT MANAGEMENT, LLC

Dallas, TX · CIK 1829231 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2017 · limited liability company

Assets managed$1.2bn
Staff7 · 4 in investment roles
Main clients (by assets)Other advisers 68%, High net worth individuals 29%, Individuals 3%
Form ADV · 2026-03-31SEC adviser record

Others nearbyDallas, TX, Winter Park, FL

As an employer

Offices in1 country

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
Dallas, TX (main office)United States	United States	about 3
Winter Park, FLUnited States	United States	1

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$544.7m reported value +19.6% vs Q1 2026

501positions

43.2%in top 10

180 new 120 added 86 reduced 25 sold out vs Q1 2026

Holdings, Q2 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	MICRON TECHNOLOGY INC COM MU	MU	27,995	$32.3m5.93%	5.93%	Reduced -14.8k	-14,815 -34.6%
2	ALPS ETF TR ALERIAN MLP AMLP	AMLP	503,526	$26.1m4.79%	4.79%	Added +29.3k	+29,271 6.2%
3	ALPHABET INC CAP STK CL C GOOG	GOOG	73,774	$26.1m4.79%	4.79%	Added +2.6k	+2,599 3.6%
4	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	283,610	$26.0m4.77%	4.77%	Added +12.7k	+12,663 4.7%
5	CHENIERE ENERGY INC COM NEW LNG	LNG	107,188	$25.6m4.70%	4.70%	Added +10.3k	+10,273 10.6%
6	NVIDIA CORPORATION COM NVDA	NVDA	127,674	$25.5m4.69%	4.69%	Added +12.8k	+12,763 11.1%
7	WILLIAMS COS INC COM WMB	WMB	266,950	$19.8m3.64%	3.64%	Added +5.4k	+5,373 2.0%
8	ELI LILLY & CO COM LLY	LLY	15,864	$19.0m3.49%	3.49%	Added +14.6k	+14,575 1130.7%
9	LANDSTAR SYS INC COM LSTR	LSTR	85,567	$17.7m3.25%	3.25%	Added +3.2k	+3,168 3.8%
10	ENTERGY CORP NEW COM ETR	ETR	146,976	$16.9m3.10%	3.10%	Added +5.0k	+4,976 3.5%
11	SPDR SER TR S&P BIOTECH XBI	XBI	95,070	$15.0m2.76%	2.76%	Added +95.0k	+94,998 131941.7%
12	GLOBAL X FDS GLOBAL X COPPER COPX	COPX	194,128	$14.9m2.74%	2.74%	Added +10.4k	+10,367 5.6%
13	SPDR GOLD TR GOLD SHS GLD	GLD	39,722	$14.6m2.69%	2.69%	Added +401	+401 1.0%
14	CAMECO CORP COM CCJ	CCJ	142,602	$14.5m2.67%	2.67%	Added +13.0k	+12,951 10.0%
15	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	162,943	$12.3m2.26%	2.26%	Reduced -24.6k	-24,613 -13.1%
16	AGNC INVT CORP COM AGNC	AGNC	1,086,876	$11.8m2.17%	2.17%	Added +164.3k	+164,299 17.8%
17	QUALCOMM INC COM QCOM	QCOM	60,707	$11.2m2.06%	2.06%	Added +15.2k	+15,230 33.5%
18	MICROSOFT CORP COM MSFT	MSFT	28,144	$10.5m1.93%	1.93%	Reduced -8.9k	-8,878 -24.0%
19	ENTEGRIS INC COM ENTG	ENTG	55,850	$10.0m1.84%	1.84%	New
20	ISHARES INC MSCI STH KOR ETF EWY	EWY	43,975	$8.9m1.63%	1.63%	Reduced -4.7k	-4,670 -9.6%
21	IREN LIMITED ORDINARY SHARES IREN	IREN	179,936	$8.2m1.51%	1.51%	Added +17.5k	+17,467 10.8%
22	NVENT ELECTRIC PLC SHS NVT	NVT	44,938	$7.6m1.40%	1.40%	Added +2.7k	+2,669 6.3%
23	JOHNSON CTLS INTL PLC SHS JCI	JCI	48,526	$7.1m1.30%	1.30%	Added +39.1k	+39,146 417.3%
24	APPLE INC COM AAPL	AAPL	23,948	$6.9m1.27%	1.27%	Reduced -391	-391 -1.6%
25	CACI INTL INC CL A CACI	CACI	14,505	$6.7m1.23%	1.23%	Reduced -8.6k	-8,572 -37.1%
26	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	17,251	$6.5m1.19%	1.19%	Added +17.2k	+17,160 18857.1%
27	ISHARES SILVER TR ISHARES SLV	SLV	112,391	$6.0m1.10%	1.10%	Added +100.7k	+100,742 864.8%
28	AMAZON COM INC COM AMZN	AMZN	24,617	$5.9m1.08%	1.08%	Reduced -52	-52 -0.2%
29	APTIV PLC COM SHS APTV	APTV	92,346	$5.7m1.04%	1.04%	Added +41.2k	+41,244 80.7%
30	DIAMONDBACK ENERGY INC COM FANG	FANG	31,851	$5.6m1.03%	1.03%	New
31	ISHARES TR 1 3 YR TREAS BD SHY	SHY	67,732	$5.6m1.02%	1.02%	Added +13.9k	+13,879 25.8%
32	CHEVRON CORP NEW COM CVX	CVX	32,928	$5.5m1.00%	1.00%	Added +20.3k	+20,302 160.8%
33	TESLA INC COM TSLA	TSLA	12,817	$5.4m0.99%	0.99%	Added +1.5k	+1,493 13.2%
34	JPMORGAN CHASE & CO COM JPM	JPM	15,042	$4.9m0.90%	0.90%	Reduced -335	-335 -2.2%
35	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	7,572	$3.8m0.70%	0.70%	Reduced -502	-502 -6.2%
36	GLOBAL X FDS GLOBAL X URANIUM URA	URA	83,522	$3.6m0.67%	0.67%	Added +17.4k	+17,403 26.3%
37	GOLDMAN SACHS GROUP INC COM GS	GS	3,609	$3.6m0.67%	0.67%	Added +1.5k	+1,529 73.5%
38	WALMART INC COM WMT	WMT	31,650	$3.6m0.66%	0.66%	Reduced -1.3k	-1,331 -4.0%
39	GLOBAL X FDS GLOBAL X SILVER SIL	SIL	41,765	$3.2m0.59%	0.59%	Added +20.3k	+20,301 94.6%
40	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	4,292	$3.2m0.58%	0.58%	Reduced -47	-47 -1.1%
41	CIRCLE INTERNET GROUP INC COM CL A CRCL	CRCL	47,687	$3.0m0.55%	0.55%	Reduced -4.4k	-4,376 -8.4%
42	COSTCO WHSL CORP NEW COM COST	COST	2,893	$2.7m0.50%	0.50%	Reduced -99	-99 -3.3%
43	ALPHABET INC CAP STK CL A GOOGL	GOOGL	7,427	$2.7m0.49%	0.49%	Added +282	+282 4.0%
44	FIRST TR NASDAQ 100 TECH IND SHS QTEC	QTEC	7,621	$2.6m0.47%	0.47%	Added +4	+4 0.1%
45	MEDTRONIC PLC SHS MDT	MDT	32,316	$2.5m0.46%	0.46%	Reduced -173.8k	-173,774 -84.3%
46	VISA INC COM CL A V	V	7,237	$2.5m0.46%	0.46%	Reduced -176	-176 -2.4%
47	GLOBAL X FDS RBTCS ARTFL INTE BOTZ	BOTZ	63,928	$2.4m0.45%	0.45%	New
48	KRATOS DEFENSE & SEC SOLUTIO COM NEW KTOS	KTOS	47,737	$2.4m0.44%	0.44%	Reduced -20.0k	-19,960 -29.5%
49	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	18,808	$2.2m0.40%	0.40%	Added +747	+747 4.1%
50	GENERAL DYNAMICS CORP COM GD	GD	5,212	$1.8m0.34%	0.34%	Reduced -212	-212 -3.9%
51	SCHWAB CHARLES CORP COM SCHW	SCHW	17,504	$1.6m0.30%	0.30%	Reduced -3.0k	-2,952 -14.4%
52	AMGEN INC COM AMGN	AMGN	4,439	$1.6m0.30%	0.30%	Reduced -144	-144 -3.1%
53	FIRST TR EXCH TRADED FD III INSTL PFD SECS FPEI	FPEI	70,800	$1.4m0.25%	0.25%	Reduced -2.5k	-2,471 -3.4%
54	MARVELL TECHNOLOGY INC COM MRVL	MRVL	4,542	$1.4m0.25%	0.25%	Added +2.9k	+2,860 170.0%
55	ISHARES GOLD TR ISHARES NEW IAU	IAU	17,840	$1.3m0.25%	0.25%	Reduced -1.2k	-1,250 -6.5%
56	AIR PRODS & CHEMS INC COM APD	APD	4,568	$1.3m0.25%	0.25%	Reduced -306	-306 -6.3%
57	ISHARES TR RUS 1000 GRW ETF IWF	IWF	10,700	$1.3m0.24%	0.24%	Unchanged
58	GLOBAL X FDS GLBL X MLP ETF MLPA	MLPA	24,208	$1.3m0.24%	0.24%	Reduced -166	-166 -0.7%
59	ABBVIE INC COM ABBV	ABBV	5,047	$1.3m0.23%	0.23%	Added +182	+182 3.7%
60	VISTRA CORP COM VST	VST	7,994	$1.3m0.23%	0.23%	Added +7.8k	+7,781 3653.1%
61	ISHARES TR CORE S&P500 ETF IVV	IVV	1,568	$1.2m0.22%	0.22%	Reduced -31	-31 -1.9%
62	ANNALY CAPITAL MANAGEMENT IN COM NEW NLY	NLY	49,794	$1.1m0.20%	0.20%	Added +17.0k	+16,964 51.7%
63	ISHARES TR PFD AND INCM SEC PFF	PFF	33,278	$1.0m0.19%	0.19%	Added +4.6k	+4,559 15.9%
64	INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM	QQQM	3,084	$934.3k0.17%	0.17%	Reduced -406	-406 -11.6%
65	ASTRAZENECA PLC ORD AZN	AZN	4,601	$872.4k0.16%	0.16%	Added +95	+95 2.1%
66	PHILIP MORRIS INTL INC COM PM	PM	4,717	$853.4k0.16%	0.16%	Added +27	+27 0.6%
67	AMERICAN ELEC PWR CO INC COM AEP	AEP	6,005	$821.5k0.15%	0.15%	Added +5	+5 0.1%
68	AMERICAN EXPRESS CO COM AXP	AXP	2,376	$803.7k0.15%	0.15%	Added +48	+48 2.1%
69	COCA COLA CO COM KO	KO	9,792	$795.8k0.15%	0.15%	Added +612	+612 6.7%
70	JOHNSON & JOHNSON COM JNJ	JNJ	2,809	$713.4k0.13%	0.13%	Added +132	+132 4.9%
71	CARDINAL HEALTH INC COM CAH	CAH	3,000	$712.7k0.13%	0.13%	Unchanged
72	SELECT SECTOR SPDR TR SBI INT-UTILS XLU	XLU	15,444	$700.2k0.13%	0.13%	Added +482	+482 3.2%
73	VANGUARD WORLD FD INF TECH ETF VGT	VGT	5,714	$682.9k0.13%	0.13%	Reduced -374	-374 -6.1%
74	ROSS STORES INC COM ROST	ROST	3,200	$681.1k0.13%	0.13%	Unchanged
75	BROADCOM INC COM AVGO	AVGO	1,790	$676.2k0.12%	0.12%	Added +186	+186 11.6%
76	RTX CORPORATION COM RTX	RTX	3,368	$639.0k0.12%	0.12%	Added +59	+59 1.8%
77	FIRST TR EXCHANGE-TRADED FD NASDQ CLN EDGE GRID	GRID	3,253	$623.8k0.11%	0.11%	Added +197	+197 6.5%
78	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	7,200	$620.2k0.11%	0.11%	Unchanged
79	SAP SE SPON ADR SAP	SAP	3,910	$602.6k0.11%	0.11%	Unchanged
80	WEC ENERGY GROUP INC COM WEC	WEC	5,000	$583.9k0.11%	0.11%	Unchanged
81	HOME DEPOT INC COM HD	HD	1,630	$574.8k0.11%	0.11%	Reduced -122	-122 -7.0%
82	TE CONNECTIVITY PLC ORD SHS TEL	TEL	2,741	$552.6k0.10%	0.10%	Reduced -16	-16 -0.6%
83	VANGUARD INDEX FDS VALUE ETF VTV	VTV	2,407	$524.6k0.10%	0.10%	Added +57	+57 2.4%
84	PACER FDS TR US CASH COWS 100 COWZ	COWZ	8,428	$524.2k0.10%	0.10%	Reduced -890	-890 -9.6%
85	MGM RESORTS INTERNATIONAL COM MGM	MGM	9,338	$446.4k0.08%	0.08%	New
86	FIDELITY COMWLTH TR NASDAQ COMPSIT ONEQ	ONEQ	4,318	$445.7k0.08%	0.08%	Reduced -157	-157 -3.5%
87	BLACKROCK INC COM BLK	BLK	441	$424.0k0.08%	0.08%	Added +1	+1 0.2%
88	VANGUARD WORLD FD EXTENDED DUR EDV	EDV	6,064	$394.6k0.07%	0.07%	Added +1.1k	+1,136 23.1%
89	WILLIS TOWERS WATSON PLC LTD SHS WTW	WTW	1,480	$386.8k0.07%	0.07%	Reduced -565	-565 -27.6%
90	ALAMOS GOLD INC NEW COM CL A AGI	AGI	12,507	$379.5k0.07%	0.07%	Reduced -4.2k	-4,180 -25.1%
91	S&P GLOBAL INC COM SPGI	SPGI	850	$346.2k0.06%	0.06%	Unchanged
92	TALEN ENERGY CORP COM TLN	TLN	873	$335.5k0.06%	0.06%	New
93	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	1,754	$334.2k0.06%	0.06%	Unchanged
94	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	616	$294.2k0.05%	0.05%	Added +203	+203 49.1%
95	3M CO COM MMM	MMM	1,805	$292.2k0.05%	0.05%	Unchanged
96	CISCO SYS INC COM CSCO	CSCO	2,488	$292.2k0.05%	0.05%	Added +465	+465 23.0%
97	SPDR SER TR PORTFOLIO LN TSR SPTL	SPTL	11,000	$288.5k0.05%	0.05%	Added +1.0k	+1,000 10.0%
98	FIDELITY COVINGTON TRUST QLTY FCTOR ETF FQAL	FQAL	3,452	$280.9k0.05%	0.05%	Reduced -97	-97 -2.7%
99	PROCTER AND GAMBLE CO COM PG	PG	1,883	$276.1k0.05%	0.05%	Reduced -517	-517 -21.5%
100	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	1,244	$273.0k0.05%	0.05%	Reduced -50	-50 -3.9%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
DEERE & CO DE	DE	1,224	$689.5k1.2k shares
EXXON MOBIL CORP XOM	XOM	1,210	$205.3k1.2k shares
SPROTT PHYSICAL SILVER TR PSLV	PSLV	6,000	$146.3k6.0k shares
INTUITIVE SURGICAL INC ISRG	ISRG	95	$43.8k95 shares
VANECK ETF TRUST CLOI	CLOI	586	$30.9k586 shares
TRIMBLE INC TRMB	TRMB	400	$26.1k400 shares
COINBASE GLOBAL INC COIN	COIN	144	$25.1k144 shares
EOG RES INC EOG	EOG	150	$21.7k150 shares
ARCH CAP GROUP LTD ACGL	ACGL	156	$15.0k156 shares
JACKSON FINANCIAL INC JXN	JXN	76	$8.0k76 shares
COMPANHIA DE SANEAMENTO BASI SBS	SBS	1,240	$7.6k1.2k shares
EVEREST GROUP LTD EG	EG	21	$6.9k21 shares
POWELL INDS INC POWL	POWL	36	$6.5k36 shares
NEXSTAR MEDIA GROUP INC NXST	NXST	24	$4.3k24 shares
LABCORP HOLDINGS INC LH	LH	16	$4.3k16 shares
CNX RES CORP CNX	CNX	106	$4.1k106 shares
EXELIXIS INC EXEL	EXEL	92	$3.9k92 shares
OGE ENERGY CORP OGE	OGE	79	$3.8k79 shares
MATSON INC MATX	MATX	22	$3.6k22 shares
PILGRIMS PRIDE CORP PPC	PPC	88	$3.3k88 shares
PERDOCEO ED CORP PRDO	PRDO	87	$3.2k87 shares
CARNIVAL CORP		100	$2.6k100 shares
ESSENT GROUP LTD ESNT	ESNT	42	$2.5k42 shares
NCR ATLEOS CORPORATION NATL	NATL	35	$1.5k35 shares
VODAFONE GROUP PLC NEW VOD	VOD	33	$49633 shares