Q3 2026 13F · SEC CIK 2109063

Winter & Associates, Inc.

Wealth managerFiled 2026-10-23 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $138.5M
Reported positions: 81
Holdings vs S&P 500, 3 yrs: —
Assets under management: $179.7M

Winter & Associates, Inc. is a wealth manager that reported 81 positions worth $138.5M in its Q3 2026 13F, filed 2026-10-23. Its largest holdings were Victoryshares Short (USTB, 14.4%), Pacer Fds Tr (COWZ, 7.1%), Dimensional ETF Trust (DFIV, 6.3%).

Winter & Associates, Inc. holdings largest 50 of 81 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Winter & Associates, Inc. 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
USTBVictoryshares Short	14.4%	13.5%	398,865	+12.2%	$19.9M
COWZPacer Fds Tr	7.1%	6.1%	138,729	+6.1%	$9.9M
DFIVDimensional ETF Trust	6.3%	5.8%	155,866	+8.7%	$8.8M
SPHBInvesco Exch Traded Fd Tr II	5.4%	5.8%	53,341	+8.2%	$7.5M
IWLIshares Tr	5.1%	4.8%	36,862	+6.8%	$7.0M
VBVanguard Index Fds	4.8%	4.9%	23,251	+8.0%	$6.7M
JPIBJ P Morgan Exchange Traded F	4.6%	4.5%	134,861	+7.9%	$6.3M
AAPLApple Inc	4.5%	4.1%	18,282	-3.7%	$6.2M
QQQInvesco Qqq Tr	3.6%	3.6%	6,877	+5.9%	$4.9M
REZIshares Tr	2.9%	2.8%	44,610	+12.1%	$4.0M
VXUSVanguard Star Fds	2.8%	3.1%	46,568	-4.2%	$3.9M
VWOVanguard Intl Equity Index F	2.6%	2.6%	62,311	+7.7%	$3.6M
NVDANvidia Corporation	2.6%	2.6%	16,738	-4.9%	$3.6M
STIPIshares Tr	2.5%	2.4%	34,705	+12.3%	$3.5M
MDYState Str Spdr S&p Midcap 40	2.5%	2.8%	5,163	-1.2%	$3.4M
FNDASchwab Strategic Tr	2.0%	2.3%	78,718	-3.7%	$2.8M
IGIBIshares Tr	1.8%	1.7%	48,745	+15.2%	$2.5M
USCIUnited Sts Commodity Index F	1.8%	1.4%	22,123	+8.6%	$2.5M
DGRWWisdomtree Tr	1.7%	1.7%	23,593	-0.2%	$2.3M
VTIVanguard Index Fds	1.6%	1.6%	5,760	+0.6%	$2.2M
TSLATesla Inc	1.1%	1.3%	4,119	-2.5%	$1.5M
MMM3m Co	1.0%	1.0%	7,902	-0.6%	$1.4M
AMZNAmazon Com Inc	0.9%	0.8%	4,573	-0.7%	$1.2M
ITOTIshares Tr	0.8%	0.8%	6,287	-0.4%	$1.1M
MSFTMicrosoft Corp	0.7%	0.5%	1,734	+0.0%	$922K
EEMIshares Tr	0.6%	0.7%	13,962	+1.3%	$884K
ESGVVanguard World Fd	0.6%	0.7%	6,183	-17.9%	$840K
GOOGLAlphabet Inc	0.5%	0.6%	2,017	-2.5%	$686K
BRK-BBerkshire Hathaway Inc Del	0.5%	0.5%	1,211	+1.1%	$654K
VCSHVanguard Scottsdale Fds	0.5%	0.5%	8,281	-10.1%	$641K
ISRGIntuitive Surgical Inc	0.4%	0.4%	1,354	+0.0%	$593K
SPHDInvesco Exch Traded Fd Tr II	0.4%	0.4%	11,099	+0.5%	$562K
METAMeta Platforms Inc	0.4%	0.3%	758	-1.4%	$526K
IBMInternational Business Machs	0.4%	0.5%	2,098	-7.0%	$508K
VGSHVanguard Scottsdale Fds	0.4%	0.5%	8,732	-21.6%	$503K
PLTRPalantir Technologies Inc	0.4%	—	2,597	—	$500K
PSCCInvesco Exch Traded Fd Tr II	0.3%	0.4%	13,718	-0.4%	$485K
LLYEli Lilly & Co	0.3%	0.3%	377	+4.7%	$483K
CVXChevron Corporation	0.3%	—	2,094	—	$473K
UNHUnitedhealth Group Inc	0.3%	0.3%	1,111	+7.1%	$466K
JPMJpmorgan Chase & Co	0.3%	0.3%	1,367	+9.8%	$458K
VOOVanguard Index Fds	0.3%	0.3%	642	+12.6%	$454K
WMTWalmart Inc	0.3%	0.3%	3,767	+1.3%	$444K
XLISelect Sector Spdr Tr	0.3%	—	2,660	—	$444K
GOOGAlphabet Inc	0.3%	0.5%	1,292	-26.6%	$435K
ESMLIshares Tr	0.3%	0.3%	7,940	+0.0%	$419K
SCHDSchwab Strategic Tr	0.3%	0.3%	12,070	-4.6%	$419K
IEMGIshares Inc	0.3%	0.3%	5,131	+4.7%	$397K
LRCXLam Research Corp	0.3%	0.5%	1,490	-1.7%	$393K
VVisa Inc	0.3%	—	942	—	$383K

What Winter & Associates, Inc. bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: —
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$138.5M	81
Q2 2026	$133.1M	85
Q1 2026	$114.2M	84
Q4 2025	$108.2M	82

Questions about Winter & Associates, Inc.'s portfolio

What stocks does Winter & Associates, Inc. own?

Winter & Associates, Inc.'s latest 13F, for Q3 2026 and filed Oct 23, 2026, lists 81 positions worth $138.5M. The largest are Victoryshares Short (USTB) at 14.4%, Pacer Fds Tr (COWZ) at 7.1%, Dimensional ETF Trust (DFIV) at 6.3%, Invesco Exch Traded Fd Tr II (SPHB) at 5.4% and Ishares Tr (IWL) at 5.1%.

What did Winter & Associates, Inc. buy last quarter?

In Q3 2026, Winter & Associates, Inc. added Ishares Tr (IGIB) (+15.2% shares), Vanguard Index Fds (VOO) (+12.6% shares) and Ishares Tr (STIP) (+12.3% shares), compared with its Q2 2026 filing.

What did Winter & Associates, Inc. sell last quarter?

In Q3 2026, Winter & Associates, Inc. cut from its top 50 Taiwan Semiconductor Manufac (TSM), cut from its top 50 Sterling Infrastructure Inc (STRL), cut from its top 50 Micron Technology Inc (MU), cut from its top 50 Corning Inc (GLW), Alphabet Inc (GOOG) (-26.6% shares), Vanguard Scottsdale Fds (VGSH) (-21.6% shares) and Vanguard World Fd (ESGV) (-17.9% shares), compared with its Q2 2026 filing.

When is Winter & Associates, Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Winter & Associates, Inc.'s filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Winter & Associates, Inc. manage?

Winter & Associates, Inc. reported $179.7M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $138.5M.