Nearwater Capital Markets, Ltd historic quarter change: USA ETF, New
In exchange-traded fund shares (known by the fund name on the filing) (listed in the US), over 6 quarters from 2024-12-31 to 2026-06-30, Nearwater Capital Markets, Ltd opened 44 positions, added to 7, reduced 8 and sold out of 30.
- Q2 2026: Stock EWZ; Country of operation —; Class MSCI BRAZIL ETF; Shares before 0.
- Q2 2026: Stock FXI; Country of operation —; Class CHINA LG-CAP ETF; Shares before 0.
- Q2 2026: Stock IEMG; Country of operation —; Class CORE MSCI EMKT; Shares before 0.
- Q2 2026: Stock EFA; Country of operation —; Class MSCI EAFE ETF; Shares before 0.
Each consecutive pair of Form 13F-HR filings compared (SEC CIK 1915842), 6 quarters: Q2 2026 (2026-03-31 to 2026-06-30, filed 2026-08-14); Q1 2026 (2025-12-31 to 2026-03-31, filed 2026-05-15); Q4 2025 (2025-09-30 to 2025-12-31, filed 2026-02-17); Q3 2025 (2025-06-30 to 2025-09-30, filed 2025-11-13); Q2 2025 (2025-03-31 to 2025-06-30, filed 2025-08-13); Q1 2025 (2024-12-31 to 2025-03-31, filed 2025-05-15). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move. Only the filings held here are compared; the firm's 13F-HR filings go back to the quarter ended 2024-12-31.
| Quarter | Stock | Country of operation | Class | Shares before | Shares after | Share change | Value before | Value after | Value change | Filed |
|---|
| Q2 2026 | EWZ
ISHARES MSCI BRAZIL ETF | | MSCI BRAZIL ETF | 0 | 3,700,000 | +3,700,000 | $0 | $127,650,000 | +$127,650,000 | 2026-08-14 |
|---|
| Q2 2026 | FXI
ISHARES CHINA LARGE CAP ETF | | CHINA LG-CAP ETF | 0 | 3,877,000 | +3,877,000 | $0 | $122,474,430 | +$122,474,430 | 2026-08-14 |
|---|
| Q2 2026 | IEMG
ISHARES CORE MSCI EMERGING ETF | | CORE MSCI EMKT | 0 | 1,250,200 | +1,250,200 | $0 | $103,566,568 | +$103,566,568 | 2026-08-14 |
|---|
| Q2 2026 | EFA
ISHARES MSCI EAFE ETF | | MSCI EAFE ETF | 0 | 465,000 | +465,000 | $0 | $48,304,200 | +$48,304,200 | 2026-08-14 |
|---|
| Q2 2026 | DRAM
ROUNDHILL MEMORY ETF | | MEMORY ETF | 0 | 500,000 | +500,000 | $0 | $36,925,000 | +$36,925,000 | 2026-08-14 |
|---|
| Q2 2026 | IDEV
ISHARES CORE MSCI INTRL DVLP MKT ETF | | CORE MSCI INTL | 0 | 300,000 | +300,000 | $0 | $26,703,000 | +$26,703,000 | 2026-08-14 |
|---|
| Q2 2026 | SILJ
AMPLIFY JUNIOR SILVER MINERS ETF | | JR SILV MINE ETF | 0 | 515,900 | +515,900 | $0 | $13,372,128 | +$13,372,128 | 2026-08-14 |
|---|
| Q2 2026 | URA
GLOBAL X URANIUM ETF | | GLOBAL X URANIUM | 0 | 300,000 | +300,000 | $0 | $13,110,000 | +$13,110,000 | 2026-08-14 |
|---|
| Q2 2026 | JEMA
JPMORGAN ACTIVEBLD EMRG MRKT EQY ETF | | ACTIVEBLDRS EMER | 0 | 28,000 | +28,000 | $0 | $1,788,640 | +$1,788,640 | 2026-08-14 |
|---|
| Q1 2026 | SPDW
ST STR SPDR POR DE WO EX US ETF | | PORTFOLIO DEVLPD | 0 | 6,039,200 | +6,039,200 | $0 | $275,689,480 | +$275,689,480 | 2026-05-15 |
|---|
| Q1 2026 | IXUS
ISHARES CORE MSCI TOTL INTL STCK ETF | | CORE MSCI TOTAL | 0 | 1,413,600 | +1,413,600 | $0 | $122,474,304 | +$122,474,304 | 2026-05-15 |
|---|
| Q1 2026 | ACWI
ISHARES MSCI ACWI ETF | | MSCI ACWI ETF | 0 | 641,700 | +641,700 | $0 | $88,792,029 | +$88,792,029 | 2026-05-15 |
|---|
| Q1 2026 | GDX
VANECK GOLD MINERS ETF | | GOLD MINERS ETF | 0 | 904,000 | +904,000 | $0 | $82,960,080 | +$82,960,080 | 2026-05-15 |
|---|
| Q1 2026 | VPL
VANGUARD FTSE PACIFIC ETF | | FTSE PACIFIC ETF | 0 | 787,900 | +787,900 | $0 | $77,001,467 | +$77,001,467 | 2026-05-15 |
|---|
| Q1 2026 | COPX
GLOBAL X COPPER MINERS ETF | | GLOBAL X COPPER | 0 | 934,400 | +934,400 | $0 | $71,341,440 | +$71,341,440 | 2026-05-15 |
|---|
| Q1 2026 | ITOT
ISHARES TOTAL US STOCK MARKET ETF | | CORE S&P TTL STK | 0 | 310,000 | +310,000 | $0 | $44,153,300 | +$44,153,300 | 2026-05-15 |
|---|
| Q1 2026 | QQQI
NEOS NASDAQ 100 HIGH INCOME ETF | | NASDAQ 100 HIGH | 0 | 700,000 | +700,000 | $0 | $34,783,000 | +$34,783,000 | 2026-05-15 |
|---|
| Q1 2026 | EEM
ISHARES MSCI EMERGING MARKETS ETF | | MSCI EMG MKT ETF | 0 | 577,500 | +577,500 | $0 | $32,796,225 | +$32,796,225 | 2026-05-15 |
|---|
| Q1 2026 | FNDF
SCHWAB FUNDAMNTL INTRNL EQT ETF | | FUNDAMENTAL INTL | 0 | 214,000 | +214,000 | $0 | $10,471,020 | +$10,471,020 | 2026-05-15 |
|---|
| Q1 2026 | ESGE
ISHARES ESG AWARE MSCI EM ETF | | ESG AWR MSCI EM | 0 | 200,000 | +200,000 | $0 | $9,094,000 | +$9,094,000 | 2026-05-15 |
|---|
| Q1 2026 | FNDE
SCHWAB FUNDTL EMRG MKT EQT ETF | | FUNDAMENTAL EMER | 0 | 66,900 | +66,900 | $0 | $2,559,594 | +$2,559,594 | 2026-05-15 |
|---|
| Q4 2025 | VEA
VANGUARD TAX-MANAGED FDS | | VAN FTSE DEV MKT | 0 | 4,714,850 | +4,714,850 | $0 | $294,536,680 | +$294,536,680 | 2026-02-17 |
|---|
| Q4 2025 | VT
VANGUARD INTL EQUITY INDEX FUND | | TT WRLD ST ETF | 0 | 527,500 | +527,500 | $0 | $74,409,150 | +$74,409,150 | 2026-02-17 |
|---|
| Q4 2025 | VCIT
VANGUARD SCOTTSDALE FDS | | INT-TERM CORP | 0 | 782,100 | +782,100 | $0 | $65,500,875 | +$65,500,875 | 2026-02-17 |
|---|
| Q4 2025 | BSV
VANGUARD BD INDEX FDS | | SHORT TRM BOND | 0 | 800,000 | +800,000 | $0 | $63,048,000 | +$63,048,000 | 2026-02-17 |
|---|
| Q4 2025 | EFA
ISHARES TR | | MSCI EAFE ETF | 0 | 300,000 | +300,000 | $0 | $28,809,000 | +$28,809,000 | 2026-02-17 |
|---|
| Q4 2025 | KWEB
KRANESHARES TRUST | | CSI CHI INTERNET | 0 | 800,000 | +800,000 | $0 | $27,240,000 | +$27,240,000 | 2026-02-17 |
|---|
| Q4 2025 | VWO
VANGUARD INTL EQUITY INDEX FUND | | FTSE EMR MKT ETF | 0 | 390,000 | +390,000 | $0 | $20,966,400 | +$20,966,400 | 2026-02-17 |
|---|
| Q4 2025 | LQD
ISHARES TR | | IBOXX INV CP ETF | 0 | 109,600 | +109,600 | $0 | $12,076,824 | +$12,076,824 | 2026-02-17 |
|---|
| Q4 2025 | SJNK
SPDR SERIES TRUST | | STATE STREET SPD | 0 | 345,100 | +345,100 | $0 | $8,737,932 | +$8,737,932 | 2026-02-17 |
|---|
| Q3 2025 | IVV
ISHARES CORE S&P 500 ETF | | CORE S&P500 ETF | 0 | 1,250,000 | +1,250,000 | $0 | $836,625,000 | +$836,625,000 | 2025-11-13 |
|---|
| Q3 2025 | GDXJ
VANECK JUNIOR GOLD MINERS ETF | | JUNIOR GOLD MINE | 0 | 860,000 | +860,000 | $0 | $85,165,800 | +$85,165,800 | 2025-11-13 |
|---|
| Q3 2025 | IBIT
ISHARES BITCOIN ETF | | SHS BEN INT | 0 | 600,000 | +600,000 | $0 | $39,000,000 | +$39,000,000 | 2025-11-13 |
|---|
| Q3 2025 | FXI
ISHARES CHINA LARGE CAP ETF | | CHINA LG-CAP ETF | 0 | 940,000 | +940,000 | $0 | $38,671,600 | +$38,671,600 | 2025-11-13 |
|---|
| Q3 2025 | TLT
ISHARES 20 PLS YEAR TREASURY BND ETF | | 20 YR TR BD ETF | 0 | 110,000 | +110,000 | $0 | $9,830,700 | +$9,830,700 | 2025-11-13 |
|---|
| Q3 2025 | ZROZ
PIMCO 25YR ZERO CUPN US TRS INDX ETF | | 25YR+ ZERO U S | 0 | 62,700 | +62,700 | $0 | $4,261,092 | +$4,261,092 | 2025-11-13 |
|---|
| Q3 2025 | BND
VANGUARD TOTAL BOND MARKET ETF | | TOTAL BND MRKT | 0 | 54,400 | +54,400 | $0 | $4,045,728 | +$4,045,728 | 2025-11-13 |
|---|
| Q2 2025 | GDXJ
VANECK ETF TRUST | | COM | 0 | 1,110,000 | +1,110,000 | $0 | $75,024,900 | +$75,024,900 | 2025-08-13 |
|---|
| Q2 2025 | FXI
ISHARES TR | | COM | 0 | 1,740,000 | +1,740,000 | $0 | $63,962,400 | +$63,962,400 | 2025-08-13 |
|---|
| Q2 2025 | TLT
ISHARES TR | | COM | 0 | 360,000 | +360,000 | $0 | $31,770,000 | +$31,770,000 | 2025-08-13 |
|---|
| Q1 2025 | SPY
SPDR S&P 500 ETF TR | | TR UNIT | 0 | 500,000 | +500,000 | $0 | $279,695,000 | +$279,695,000 | 2025-05-15 |
|---|
| Q1 2025 | FXI
ISHARES TR | | TR UNIT | 0 | 1,640,000 | +1,640,000 | $0 | $58,777,600 | +$58,777,600 | 2025-05-15 |
|---|
| Q1 2025 | GDXJ
VANECK ETF TRUST | | TR UNIT | 0 | 750,000 | +750,000 | $0 | $42,900,000 | +$42,900,000 | 2025-05-15 |
|---|
| Q1 2025 | TLT
ISHARES TR | | TR UNIT | 0 | 150,000 | +150,000 | $0 | $13,654,500 | +$13,654,500 | 2025-05-15 |
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