Private Wealth Asset Management, LLC

Nearly every discretionary dollar Private Wealth Asset Management moved in Q1 2026 leaned the same way: State Street's multi-asset real return ETF (RLY) grew 83% to $13.2M, the Cohen & Steers active real estate fund (CSRE) doubled to $12.3M, and the RISR interest-rate hedge expanded 50% — while Amazon was cut 23.5%, the QQQ stake was sold outright, and Microsoft, Meta, and Nvidia were all trimmed. In a $935M book whose top five positions are all iShares core index ETFs (IVV 10.1%, IEFA 6.9%, IEMG 6.4%, IJH 6.1%, IJR 3.3% — roughly a third of assets), that consistency is the signal: the passive core barely moved, and the active sleeve rotated toward inflation and rate protection.

The quarter's most telling trade is also its smallest: CrowdStrike, a $3.8M single-stock position, went to zero the same quarter a $3.7M stake in the CIBR cybersecurity ETF appeared — a near dollar-for-dollar swap of idiosyncratic risk for the sector basket. With Visa also exited and two new Avantis funds opened, this 923-position advisory book expresses its views through allocation rather than stock-picking — which makes Workiva, a 1.0% mid-cap software stake held through a nearly 40% value decline, the lone visible act of single-name conviction in the filing.