DOSSIER · 13F-HR · Q3 2026

CWA Asset Management Group, LLC

$3.4B in tracked AUM across 763 positions as of Q3 2026.

CA
CIK 0001667134 · last filed Sep 30, 2026
Total AUM
$3.4B
as of Q3 2026
Holdings
763
—
positions
Whale Score
57
57
tracked
Activity
—
no data
changes this Q
AI Analysis · Q3 2026

CWA Asset Management Group restructured its $2.9B 13F portfolio in Q1 2026, slashing gold holdings and select megacap tech names while building new positions in offshore drilling, steel, and Texas land assets.

That capital was redeployed into energy infrastructure and materials. New single-stock positions included Texas Pacific Land Corporation at $40.3M, Noble Corp at $34.7M, Transocean at $34.5M, Tenaris at $32.2M, Core Laboratories at $29.2M, Reliance Steel at $13.1M, and Corning at $13.1M. The firm also added uranium exposure via a new $14.7M stake in Uranium Royalty Corp and increased Alamos Gold by $3.1M, suggesting precious-metals interest shifted from ETFs and royalties toward operators and drillers.

On the tech side, Microsoft bore the largest mark-to-market loss, falling $25M in value to $74.6M even as the advisor added 2.8% to its share count. Amazon was reduced 2.9% to $50.7M, Alphabet Class C fell 0.7% to $44.9M, and Qualcomm lost $4.2M in value. The firm sold Tesla and Oracle outright and cut Palantir, Visa, Blackstone, Intuit, and O'Reilly Automotive. At the same time, Nvidia gained 3.6% in shares to $179M, Apple rose 5.7% to $149.5M, and Meta edged up to $31.9M—suggesting the remaining mega-cap exposure is concentrated in AI and advertising names rather than broad tech.

Analysis generated by 13F Insight from SEC Form 13F filing data · Q3 2026. Methodology

Quarter at a glance — Q3 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q3 2026.

#HoldingValueSharesWeight
01
NVDA
NVIDIA CORPORATION
$229M1.0M6.8%
02
AAPL
APPLE INC
$195M586K5.8%
03
MSFT
MICROSOFT CORP
$108M211K3.2%
04
SHY
ISHARES TR
$72M892K2.1%
05
VCIT
VANGUARD SCOTTSDALE FDS
$64M822K1.9%
06
AMZN
AMAZON COM INC
$60M241K1.8%
07
SCEC
CAPITOL SER TR
$59M2.5M1.7%
08
GOOG
ALPHABET INC
$54M158K1.6%
09
GOOGL
ALPHABET INC
$53M153K1.6%
10
TS
TENARIS S A
$46M830K1.4%

Filing history

2026Q3Sep 30
$3.4B▲ 3.3%
763 positionsView →
2026Q2Jun 30
$3.3B▲ 11.4%
729 positionsView →
2026Q1Mar 31
$2.9B▲ 6.1%
699 positionsView →
2025Q4Dec 31
$2.8B▲ 2.7%
643 positionsView →
2025Q3Sep 30
$2.7B▲ 14.1%
660 positionsLocked
2025Q2Jun 30
$2.4B▲ 13.5%
639 positionsLocked
2025Q1Mar 31
$2.1B▲ 5.2%
600 positionsLocked
2024Q4Dec 31
$2.0B▲ 5.4%
559 positionsLocked
2024Q3Sep 30
$1.9B▲ 14.3%
567 positionsLocked
2024Q1Mar 31
$1.6B▲ 12.7%
533 positionsLocked
2023Q4Dec 31
$1.5B▲ 7.8%
416 positionsLocked
2023Q3Sep 30
$1.4B▼ 7.0%
355 positionsLocked
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