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NM

NWI Management Portfolio holdings

AUM $2.16B
1-Year Est. Return 62.95%
This Fund
S&P 500
This Quarter Est. Return
+37.16%
1 Year Est. Return
+62.95%
3 Year Est. Return
+230.38%
5 Year Est. Return
+275.06%
10 Year Est. Return
+1,029.17%
AUM
$2.16B
AUM Growth
+$402M
Cap. Flow
-$332M
Cap. Flow %
-15.39%
Top 10 Hldgs %
64.56%
Holding
64
New
12
Increased
11
Reduced
5
Closed
9

Top Buys

Rank Stock Value
1
XLV icon
State Street Health Care Select Sector SPDR ETF
XLV
+$80.3M
2
AAPL icon
Apple
AAPL
+$80.1M
3
META icon
Meta Platforms (Facebook)
META
+$66M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$64.3M
5
RVMD icon
Revolution Medicines
RVMD
+$26.3M

Top Sells

Rank Stock Value
1
QQQ icon
Invesco QQQ Trust
QQQ
+$423M
2
EWZ icon
iShares MSCI Brazil ETF
EWZ
+$71.4M
3
TEVA icon
Teva Pharmaceuticals
TEVA
+$67.4M
4
MSFT icon
Microsoft
MSFT
+$56.1M
5
LLY icon
Eli Lilly
LLY
+$55.2M

Sector Composition

Rank Sector Weight
1 Miscellaneous 33.27%
2 Technology 21.8%
3 Healthcare 20.41%
4 Communication Services 9.97%
5 Financials 8.96%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
QQQ icon
1
PUT
Invesco QQQ Trust
QQQ
$488B
$221M 10.22%
+300,000
New +$206M
NTRA icon
2
Natera
NTRA
$47.2B
$207M 9.58%
762,603
– –
SMH icon
3
PUT
VanEck Semiconductor ETF
SMH
$67.7B
$197M 9.11%
+300,000
New +$164M
MU icon
4
Micron Technology
MU
$1.08T
$155M 7.18%
134,400
-9,600
-7% -$7.2M
META icon
5
Meta Platforms (Facebook)
META
$1.56T
$112M 5.16%
198,000
+108,000
+120% +$66M
AAPL icon
6
Apple
AAPL
$4.79T
$109M 5.04%
376,100
+280,000
+291% +$80.1M
INSM icon
7
Insmed
INSM
$27.7B
$108M 5%
1,014,000
– –
GOOG icon
8
Alphabet (Google) Class C
GOOG
$4.15T
$102M 4.74%
290,000
+180,000
+164% +$64.3M
NU icon
9
Nu Holdings
NU
$75.7B
$94M 4.35%
7,039,000
+837,600
+14% +$11.3M
TSM icon
10
TSMC
TSM
$2.16T
$90.3M 4.18%
189,000
+36,000
+24% +$14.6M
XLV icon
11
State Street Health Care Select Sector SPDR ETF
XLV
$44.6B
$89.6M 4.15%
565,000
+540,000
+2,160% +$80.3M
GLD icon
12
CALL
SPDR Gold Trust
GLD
$150B
$79.6M 3.68%
+216,000
New +$89.5M
EWY icon
13
PUT
iShares MSCI South Korea ETF
EWY
$27.6B
$60.6M 2.8%
+300,000
New +$53M
IFS icon
14
Intercorp Financial Services
IFS
$6.21B
$57.3M 2.65%
1,022,210
– –
NVDA icon
15
NVIDIA
NVDA
$5.52T
$36.8M 1.7%
184,000
+72,000
+64% +$14.8M
BDX icon
16
Becton Dickinson
BDX
$51.1B
$34M 1.58%
225,000
– –
RVMD icon
17
Revolution Medicines
RVMD
$45.2B
$33.7M 1.56%
+180,000
New +$26.3M
PANW icon
18
Palo Alto Networks
PANW
$271B
$30.7M 1.42%
90,000
-20,000
-18% -$4.58M
RTX icon
19
RTX Corp
RTX
$272B
$23.9M 1.11%
126,000
+63,000
+100% +$11.6M
NAMS icon
20
NewAmsterdam Pharma
NAMS
$3.09B
$23.8M 1.1%
702,000
– –
MSFT icon
21
Microsoft
MSFT
$3.79T
$23.3M 1.08%
62,500
-138,600
-69% -$56.1M
TSLA icon
22
CALL
Tesla
TSLA
$1.49T
$21M 0.97%
+50,000
New +$19.9M
AMZN icon
23
Amazon
AMZN
$2.79T
$20.7M 0.96%
87,000
– –
TSLA icon
24
Tesla
TSLA
$1.49T
$20.6M 0.95%
49,000
+45,000
+1,125% +$17.9M
JPM icon
25
JPMorgan Chase
JPM
$962B
$18M 0.83%
55,000
– –
1
2 3

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MCC
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QOP
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NWI Management's Q2 2026 Portfolio in Review

As of Q2 2026, NWI Management held 64 positions worth $2.16B, up 23% from $1.76B the previous quarter. Its ten largest holdings account for 65% of the portfolio.

NWI Management withdrew a net $332M in Q2 2026, closing 9 positions and reducing 5 holdings. Its most notable exit was Invesco QQQ Trust, an estimated $423M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 33% of assets, down from 35% a quarter earlier, followed by Technology and Healthcare.

Against the trend, NWI Management opened a new position in Revolution Medicines worth $33.7M.

  • NWI Management's largest Q2 2026 buy was Revolution Medicines: 180,000 shares worth $33.7M.
  • NWI Management added most to State Street Health Care Select Sector SPDR ETF in Q2 2026, an estimated $80.3M increase.
  • NWI Management's biggest Q2 2026 reduction was Teva Pharmaceuticals, cutting an estimated $67.4M.
  • NWI Management fully exited Invesco QQQ Trust in Q2 2026, selling an estimated $423M.
  • NWI Management's ten largest holdings make up 65% of its $2.16B portfolio in Q2 2026.
  • NWI Management opened 12 new positions and closed 9 in Q2 2026.
  • NWI Management's portfolio value rose 23% quarter-over-quarter to $2.16B.

Based on NWI Management's 13F filing for Q2 2026, filed 14 Aug 2026.