FWL INVESTMENT MANAGEMENT, LLC
SEC Form 13F institutional filer · CIK 0001829231
13F-HR · 157 reported holdings · 2026-03-31
Reported long-US-equity value
$0.21B
Top-10 concentration
65.5%
FWL INVESTMENT MANAGEMENT, LLC — $215M AUM allocation strategy
FWL INVESTMENT MANAGEMENT, LLC files SEC Form 13F and reports $215M of long US equity value across 157 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 29.3%, followed by Energy 10.0% and Communication Services 9.5%.
The top 10 holdings account for 66% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
FWL INVESTMENT MANAGEMENT, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$215M
total across 157 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
66% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$MDT +100K sh · +$7.69M+$ETR +38.6K sh · +$6.4M+$QCOM +29.6K sh · +$3.14M
Biggest trims (shares)
−$GEHC −110K sh · −$9.06M−$ORCL −61.9K sh · −$12.1M−$ETN −34K sh · −$10.8M
Exited to nil (held last quarter, gone now)
$AES ($125K last qtr)$SPYM ($88K last qtr)$TDG ($66.5K last qtr)$ARES ($50.9K last qtr)$MS ($47.9K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Semiconductors18.8%—
- Interactive Media & Services9.5%—
- Oil & Gas Storage & Transportation8.9%—
- Health Care Equipment8.3%—
- Electric Utilities7.4%—
- Systems Software6.3%—
- Trading Companies & Distributors3.4%—
- Consumer Staples Merchandise Retail3.3%—
- Other holdings34.1%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $GOOGL | Alphabet Inc | 71.2K | $20.4M | -3.79K | 9.5% |
| $NVDA | NVIDIA Corporation | 115K | $20M | +27.6K | 9.3% |
| $WMB | Williams Companies Inc | 262K | $19M | +27.7K | 8.9% |
| $MDT | Medtronic plc | 206K | $17.9M | +100K | 8.3% |
| $ETR | Entergy Corporation | 142K | $16M | +38.6K | 7.4% |
| $MU | Micron Technology Inc | 42.8K | $14.5M | -12.9K | 6.7% |
| $MSFT | Microsoft Corporation | 37K | $13.7M | -327 | 6.4% |
| $URI | United Rentals Inc | 9.93K | $7.23M | +9.87K | 3.4% |
| $AAPL | Apple Inc | 24.3K | $6.18M | -678 | 2.9% |
| $QCOM | QUALCOMM Incorporated | 45.5K | $5.86M | +29.6K | 2.7% |
…and 147 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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