Fund Holdings

FWL INVESTMENT MANAGEMENT, LLC

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Change
LANDSTAR SYS INC COM082,399+82,399013,209,312+13,209,312
CHENIERE ENERGY INC COM NEW86,28696,915+10,62916,773,21527,500,571+10,727,356
STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL ETF0270,947+270,947024,829,541+24,829,541
MEDTRONIC PLC SHS0206,090+206,090017,857,711+17,857,711
UNITED RENTALS INC COM09,926+9,92607,232,008+7,232,008
ALERIAN MLP ETF392,396474,255+81,85918,450,47524,964,803+6,514,328
ENTERGY CORP NEW COM0142,000+142,000015,955,116+15,955,116
WILLIAMS COS INC COM0261,577+261,577019,037,559+19,037,559
CIRCLE INTERNET GROUP INC COM CL A352,063+52,0602384,967,331+4,967,093
NVIDIA CORPORATION COM0114,911+114,911020,040,518+20,040,518
APTIV PLC COM SHS051,102+51,10203,548,523+3,548,523
ISHARES 1-3 YEAR TREASURY BOND ETF053,853+53,85304,446,642+4,446,642
QUALCOMM INC COM045,477+45,47705,856,538+5,856,538
GLOBAL X COPPER MINERS ETF0183,761+183,761014,030,157+14,030,157
ISHARES MSCI SOUTH KOREA ETF048,645+48,64505,983,852+5,983,852
KRATOS DEFENSE & SEC SOLUTIONS COM NEW067,697+67,69704,773,315+4,773,315
GLOBAL X SILVER MINERS ETF021,464+21,46401,933,477+1,933,477
CHEVRON CORPORATION COM6,67712,626+5,9491,017,6422,612,319+1,594,677
CACI INTL INC CL A20,73423,077+2,34311,047,40212,551,010+1,503,608
JOHNSON CTLS INTL PLC SHS09,380+9,38001,228,311+1,228,311
NVENT ELEC PLC SHS042,269+42,26904,999,582+4,999,582
ELI LILLY & CO COM01,289+1,28901,185,584+1,185,584
ASTRAZENECA PLC ORD04,506+4,5060888,673+888,673
ISHARES SILVER TRUST011,649+11,6490793,763+793,763
AMERICAN ELEC PWR CO INC COM06,000+6,0000786,480+786,480
ABBVIE INC COM1,1894,865+3,676271,6591,058,089+786,430
PHILIP MORRIS INTL INC COM04,690+4,6900775,445+775,445
ROSS STORES INC COM03,200+3,2000693,216+693,216
DEERE & CO COM01,224+1,2240689,479+689,479
COCA COLA CO COM2489,180+8,93217,338698,139+680,801
SAP SE SPON ADR03,910+3,9100669,431+669,431
CARDINAL HEALTH INC COM403,000+2,9608,220633,930+625,710
WILLIS TOWERS WATSON PLC LTD SHS02,045+2,0450594,482+594,482
TESLA INC COM011,324+11,32404,209,697+4,209,697
GLOBAL X URANIUM ETF066,119+66,11903,202,156+3,202,156
RTX CORPORATION COM03,309+3,3090638,306+638,306
WEC ENERGY GROUP INC COM05,000+5,0000578,850+578,850
TE CONNECTIVITY PLC ORD SHS02,757+2,7570576,268+576,268
JOHNSON & JOHNSON COM02,677+2,6770654,366+654,366
AMERICAN EXPRESS CO COM4382,328+1,890162,038704,173+542,135
QUEST DIAGNOSTICS INC COM02,600+2,6000509,548+509,548
BLACKROCK INC COM11440+42911,774423,152+411,378
WALMART INC COM032,981+32,98104,098,912+4,098,912
COSTCO WHOLESALE CORPORATION COM3,0212,992-292,604,7582,981,654+376,896
VISA INC COM CL A07,413+7,41302,240,500+2,240,500
S&P GLOBAL INC COM0850+8500361,539+361,539
PROCTER & GAMBLE CO COM02,400+2,4000346,656+346,656
GLOBAL X MLP ETF024,374+24,37401,313,036+1,313,036
GOLDMAN SACHS GROUP INC COM02,080+2,08001,759,553+1,759,553
ISHARES PREFERRED & INCOME SECURITIES ETF028,719+28,7190870,760+870,760
AIR PRODUCTS AND CHEMICALS INC COM4,9674,874-931,226,9521,415,923+188,971
MARVELL TECHNOLOGY INC COM01,682+1,6820166,602+166,602
ISHARES MSCI INDIA ETF08,239+8,2390385,915+385,915
SPROTT ASSET MANAGEMENT LP PHYSICAL SILVER06,000+6,0000146,340+146,340
AMGEN INC COM4,5594,583+241,492,1951,612,383+120,188
EXXON MOBIL CORP COM01,210+1,2100205,289+205,289
CAMECO CORP COM153,047129,651-23,39614,002,27614,081,402+79,126
STATE STREET UTILITIES SELECT SECTOR SPDR ETF014,962+14,9620686,606+686,606
FRANKLIN FTSE SOUTH KOREA ETF03,000+3,0000119,610+119,610
ISHARES RUSSELL 1000 ETF0153+153054,554+54,554
DIMENSIONAL INTERNATIONAL VALUE ETF01,007+1,007053,149+53,149
STATE STREET INDUSTRIAL SELECT SECTOR SPDR ETF0326+326052,724+52,724
GLOBAL X MLP & ENERGY INFRASTRUCTURE ETF02,715+2,7150200,747+200,747
ONEOK INC NEW COM01,865+1,8650168,577+168,577
SEA LTD SPONSORD ADS0599+599049,603+49,603
NEXTERA ENERGY INC COM01,960+1,9600182,045+182,045
ICICI BANK LIMITED ADR0397,433+397,433010,293,511+10,293,511
VANECK SEMICONDUCTOR ETF0116+116044,474+44,474
QUANTA SVCS INC COM0302+3020165,804+165,804
STATE STREET SPDR PORTFOLIO LONG TERM TREASURY ETF010,000+10,0000263,000+263,000
FRANKLIN FTSE UNITED KINGDOM ETF01,003+1,003034,864+34,864
MERCK & CO INC COM01,499+1,4990180,315+180,315
KINDER MORGAN INC DEL COM05,500+5,5000184,415+184,415
GENERAL DYNAMICS CORP COM05,424+5,42401,861,589+1,861,589
GLOBAL X U.S. INFRASTRUCTURE DEVELOPMENT ETF03,814+3,8140193,787+193,787
CONOCOPHILLIPS COM178356+17816,66346,992+30,329
ISHARES MSCI JAPAN ETF02,351+2,3510198,500+198,500
TRIMBLE INC COM0400+400026,092+26,092
VANGUARD VALUE ETF02,350+2,3500461,070+461,070
COINBASE GLOBAL INC COM CL A0144+144025,144+25,144
STATE STREET CONSUMER DISCRETIONARY SELECT SECTOR SPDR ETF0926+9260100,862+100,862
STATE STREET COMMUNICATION SERVICES SELECT SECTOR SPDR ETF0217+217024,057+24,057
KINROSS GOLD CORP COM01,355+1,355041,355+41,355
STATE STREET SPDR S&P AEROSPACE & DEFENSE ETF0953+9530242,030+242,030
EOG RES INC COM0150+150021,686+21,686
INVESCO PHLX SEMICONDUCTOR ETF02,379+2,3790142,046+142,046
LOCKHEED MARTIN CORP COM035+35021,154+21,154
VANECK CLO ETF0586+586030,882+30,882
FRANKLIN FTSE JAPAN ETF0557+557020,152+20,152
STATE STREET DOUBLELINE TOTAL RETURN TACTICAL ETF06,052+6,0520240,446+240,446
INVESCO DORSEY WRIGHT SMALLCAP MOMENTUM ETF01,477+1,477069,027+69,027
VANGUARD INDUSTRIALS ETF062+62019,358+19,358
TAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS0413+4130139,573+139,573
ISHARES MORTGAGE REAL ESTATE ETF014,160+14,1600304,006+304,006
PACER US CASH COWS 100 ETF09,318+9,3180582,956+582,956
ISHARES CORE DIVIDEND GROWTH ETF03,290+3,2900230,892+230,892
STATE STREET ENERGY SELECT SECTOR SPDR ETF0454+454027,812+27,812
FOX CORP CL A COM0370+370021,608+21,608
GENERAC HLDGS INC COM0175+175034,183+34,183
ISHARES MSCI EUROZONE ETF0240+240015,034+15,034
Page 1 of 5