Black Swift Group, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Black Swift Group, LLC reported 109 stock positions worth $567.0 million. Its top holding was SS SPDR P S&P 500 Growth ETF (SPYG) at 14.9% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 10.5%) and iShares Russell 1000 Growth (IWF, 5.7%). Compared with Q2 2025, it opened 32 new positions, sold out of 26, added to 32 and reduced 29. The biggest buy was a new position in Vaneck Fables Smicndctr ETF (SMHX) and the biggest sale an exit from Invesco S&P 500 Equal Weight (RSP).
- Most Recent 13F
- Q2 2026
- Location
- BOULDER, CO
- CIK
- 0001704212
- Portfolio Value
- $567.0M (Q3 2025)
- SEC Filing
- 0001704212-25-000007 ↗ filed Nov 13, 2025
Holdings Value
Holdings 109 stocks · $567.0M
| SPYG SS SPDR P S&P 500 Growth ETF | 14.88% | 807,463 | $84.4M | Add +20.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 10.54% | 89,750 | $59.8M | Add +19.7% |
| IWF iShares Russell 1000 Growth | 5.71% | 69,080 | $32.4M | Add +0.2% |
| XLK SS Technology Select Sector | 4.48% | 90,067 | $25.4M | Add +5.2% |
| AMZN Amazon.com Inc. | 3.13% | 80,925 | $17.8M | Reduce -7.5% |
| IGV iShares Expanded Tech-Softwa | 3.01% | 148,640 | $17.1M | Reduce -7.0% |
| CLOZ Eldridge BBB-B Clo ETF | 2.96% | 626,155 | $16.8M | Add +44.5% |
| AIQ Global X Art Intel & Tech | 2.57% | 295,081 | $14.6M | Add +10.9% |
| META Meta Platforms Inc. Class A | 2.53% | 19,540 | $14.3M | Add +51.5% |
| SMHX Vaneck Fables Smicndctr ETF | 2.34% | 345,960 | $13.2M | New |
| SMH Vaneck Semiconductor ETF | 2.07% | 35,931 | $11.7M | Reduce -49.1% |
| EWZ iShares MSCI Brazil ETF | 1.98% | 362,435 | $11.2M | Add +17.4% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.88% | 21,705 | $10.6M | Add +42.0% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.69% | 122,543 | $9.6M | Add +22.3% |
| XLE SS Energy Select Sector | 1.69% | 107,181 | $9.6M | Reduce -42.1% |
| BOTZ Global X Robotics & Artifici | 1.64% | 262,190 | $9.3M | Add +24.0% |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.60% | 134,185 | $9.1M | Add +15.8% |
| GRID First TRST Nasd Class Edg Sgiif | 1.57% | 59,025 | $8.9M | Add +22.5% |
| MELI MercadoLibre Inc. | 1.40% | 3,405 | $8.0M | New |
| GOOGL Alphabet Inc. Class A | 1.40% | 32,575 | $7.9M | New |
| EWY iShares MSCI South Korea ETF | 1.40% | 98,750 | $7.9M | Add +0.4% |
| ANET Arista Networks Inc. | 1.37% | 53,425 | $7.8M | New |
| PPLT Abrdn Physical Platinum SHRS | 1.34% | 53,090 | $7.6M | Add +61.6% |
| JAAA Janus Henderson Aaa Clo ETF | 1.26% | 141,080 | $7.2M | Add +21.1% |
| COPX Global X Copper Miners ETF | 1.24% | 117,720 | $7.0M | Add +124.3% |
| BOXX Alpha Architect 1-3 MNTH Box | 1.14% | 57,005 | $6.5M | Add +53.1% |
| NUKZ Range Nuclear Renaissance filed as EXCHANGE TRADED CONCEPTS TRU | 1.12% | 97,615 | $6.3M | Add +90.3% |
| GTEK GS Future Tech Leaders Eq | 1.08% | 156,655 | $6.1M | Add +13.6% |
| EWW iShares MSCI Mexico ETF | 0.84% | 70,175 | $4.8M | Reduce -12.0% |
| UNH Unitedhealth Group Inc. | 0.78% | 12,800 | $4.4M | New |
| TKO Tko Group Holdings Inc. | 0.76% | 21,350 | $4.3M | No change |
| SNDK Sandisk Corp. | 0.69% | 35,000 | $3.9M | New |
| AVGO Broadcom Inc. | 0.69% | 11,823 | $3.9M | Add +924.5% |
| AVAV Aerovironment Inc. | 0.69% | 12,350 | $3.9M | Reduce -1.6% |
| NET Cloudflare Inc. Class A | 0.67% | 17,750 | $3.8M | Add +16.4% |
| SNOW Snowflake Inc. | 0.66% | 16,545 | $3.7M | Add +301.1% |
| OEF iShares S&P 100 ETF | 0.65% | 11,000 | $3.7M | No change |
| TAN Invesco Solar ETF | 0.65% | 83,820 | $3.7M | New |
| VOO Vanguard S&P 500 ETF | 0.63% | 5,874 | $3.6M | Reduce -2.0% |
| CLOX Eldridge Aaa Clo ETF | 0.62% | 137,900 | $3.5M | Reduce -26.4% |
| GLD SPDR Gold Shares | 0.57% | 9,065 | $3.2M | New |
| SHY iShares 1-3 Year Treasury Bo | 0.53% | 35,940 | $3.0M | Add +626.1% |
| PEJ Invesco Leisure & Entertainm | 0.51% | 47,865 | $2.9M | Reduce -13.2% |
| DDOG Datadog Inc. Class A | 0.50% | 20,000 | $2.8M | Add +33.3% |
| PFE Pfizer Inc. | 0.50% | 111,750 | $2.8M | New |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.48% | 84,005 | $2.7M | Add +0.8% |
| PFFA Virtus Infracap US Pref STCK | 0.48% | 124,750 | $2.7M | Reduce -28.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.38% | 4,325 | $2.2M | Reduce -7.9% |
| BA The Boeing Co. | 0.38% | 10,000 | $2.2M | Add +100.0% |
| VNM Vaneck Vietnam ETF | 0.35% | 112,680 | $2.0M | New |
| O Realty Income Corp. | 0.34% | 31,740 | $1.9M | Add +22.9% |
| MLPA Global X MLP ETF | 0.33% | 38,310 | $1.9M | Reduce -12.0% |
| IBDR iShares Ibonds Dec 2026 Term | 0.33% | 76,315 | $1.9M | Reduce -27.8% |
| CLOA iShares Aaa Clo Act ETF-Usdi | 0.32% | 35,410 | $1.8M | New |
| UEC Uranium Energy Corp. | 0.31% | 130,050 | $1.7M | New |
| JPM JPMorgan Chase & Co. | 0.29% | 5,140 | $1.6M | Reduce -10.4% |
| PLD Prologis Inc. | 0.28% | 14,030 | $1.6M | Add +41.2% |
| FCX Freeport-McMoran Inc. | 0.28% | 40,500 | $1.6M | New |
| IVV iShares Core S&P 500 ETF | 0.25% | 2,121 | $1.4M | Add +32.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.25% | 15,250 | $1.4M | New |
| ET Energy Transfer LP | 0.24% | 77,950 | $1.3M | Reduce -58.0% |
| IBTG iShares Ibonds Dec 2026 Term | 0.23% | 56,245 | $1.3M | Reduce -45.5% |
| NLR Vaneck Urani & Nuclr ETF-Usd | 0.23% | 9,495 | $1.3M | New |
| IBIT iShares Bitcoin Trust ETF | 0.22% | 19,550 | $1.3M | Add +8.3% |
| AAPL Apple Inc. | 0.22% | 4,876 | $1.2M | Reduce -3.9% |
| U Unity Software Inc. | 0.21% | 30,000 | $1.2M | New |
| DFAT Dimensional US Target Value | 0.21% | 20,000 | $1.2M | New |
| XLC SS Comm Select Sector SPDR | 0.20% | 9,455 | $1.1M | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.19% | 2,244 | $1.1M | No change |
| C Citigroup Inc. | 0.17% | 9,500 | $964K | No change |
| IIPR Innovative Industrial Proper | 0.17% | 17,795 | $953K | New |
| YOU Clear Secure Inc. Class A | 0.16% | 27,175 | $907K | New |
| RIET Hoya Capital Hi DVD YLD ETF | 0.14% | 80,125 | $772K | Reduce -2.6% |
| ORLY O'reilly Automotive Inc. | 0.13% | 7,000 | $755K | New |
| LLY Eli Lilly & Co. | 0.13% | 975 | $744K | Reduce -18.8% |
| HIG Hartford Insurance Group Inc. | 0.12% | 5,000 | $667K | No change |
| NVDA Nvidia Corp. | 0.11% | 3,250 | $606K | Reduce -91.5% |
| TYL Tyler Technologies Inc. | 0.09% | 1,000 | $523K | New |
| CPAG F/M Com US Agg Bond ETF | 0.09% | 5,000 | $507K | New |
| CVX Chevron Corp. | 0.09% | 3,195 | $496K | No change |
| XHYE Bondbloxx Usd HY Bond Energy | 0.09% | 12,685 | $495K | Reduce -5.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.08% | 9,250 | $477K | No change |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.08% | 19,300 | $470K | New |
| GOOG Alphabet Inc. Class C | 0.07% | 1,650 | $402K | No change |
| IVW iShares S&P 500 Growth ETF | 0.07% | 3,256 | $393K | Reduce -5.2% |
| BUG Global X Cybersecurity ETF | 0.07% | 11,100 | $391K | Reduce -27.7% |
| SPMC Sound Point Meridian Capital | 0.07% | 22,500 | $390K | No change |
| CPHY F/M Cmpndr HGH Yield BND ETF | 0.07% | 7,500 | $381K | New |
| DFUV Dimensional US Marketwide Va | 0.07% | 8,500 | $380K | New |
| IBTH iShares Ibonds Dec 2027 Term | 0.07% | 16,820 | $379K | New |
| EPD Enterprise Products Partners | 0.07% | 12,000 | $375K | No change |
| IWM iShares Russell 2000 ETF | 0.06% | 1,500 | $363K | Reduce -65.5% |
| CIBR First Trust Nasdaq Cybersecu | 0.06% | 4,603 | $350K | New |
| QQQ Invesco QQQ Trust Series 1 | 0.06% | 550 | $330K | Reduce -97.2% |
| FJUL FT Vest US Equity Buffer ETF | 0.05% | 5,626 | $308K | New |
| VTI VG Morningstar TS MKT ETF-US | 0.05% | 932 | $306K | No change |
| ZS Zscaler Inc. | 0.05% | 1,000 | $300K | No change |
| VEA Vanguard Ftse Developed ETF | 0.05% | 4,926 | $295K | Reduce -18.6% |
| IVE iShares S&P 500 Value ETF | 0.05% | 1,400 | $289K | No change |
| MS Morgan Stanley | 0.05% | 1,773 | $282K | Add +10.3% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $457K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 370 | $457K | No change |
Total filed on the 13F, all lines: $567.5M.
Portfolio Sells Q2 2025 → Q3 2025
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −3.01 |
| IEV iShares Europe ETF | Sold out | 0.00% | −2.25 |
| GSEW Goldman Sachs Eql WGHT Large | Sold out | 0.00% | −2.20 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -97.2% | 0.06% | −2.12 |
| SMH Vaneck Semiconductor ETF | Reduce -49.1% | 2.07% | −1.91 |
| XLE SS Energy Select Sector | Reduce -42.1% | 1.69% | −1.48 |
| NVDA Nvidia Corp. | Reduce -91.5% | 0.11% | −1.12 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.85 |
| AMZN Amazon.com Inc. | Reduce -7.5% | 3.13% | −0.74 |
| IGV iShares Expanded Tech-Softwa | Reduce -7.0% | 3.01% | −0.52 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.52 |
| KTOS Kratos Defense & Security | Sold out | 0.00% | −0.47 |
| ET Energy Transfer LP | Reduce -58.0% | 0.24% | −0.44 |
| SN Sharkninja Inc. | Sold out | 0.00% | −0.42 |
| SYM Symbotic Inc. | Sold out | 0.00% | −0.42 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.42 |
| CLOX Eldridge Aaa Clo ETF | Reduce -26.4% | 0.62% | −0.35 |
| AGNG GLB X Aging Population ETF | Sold out | 0.00% | −0.35 |
| PFFA Virtus Infracap US Pref STCK | Reduce -28.4% | 0.48% | −0.26 |
| IBTG iShares Ibonds Dec 2026 Term | Reduce -45.5% | 0.23% | −0.25 |
| CLOI Vaneck Clo ETF | Sold out | 0.00% | −0.24 |
| BIZD Vaneck BDC Income ETF | Sold out | 0.00% | −0.24 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -27.8% | 0.33% | −0.19 |
| COHR Coherent Corp. | Sold out | 0.00% | −0.17 |
| IBTF iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.16 |
| BKLN Invesco Senior Loan ETF | Sold out | 0.00% | −0.14 |
| IWM iShares Russell 2000 ETF | Reduce -65.5% | 0.06% | −0.13 |
| PEJ Invesco Leisure & Entertainm | Reduce -13.2% | 0.51% | −0.12 |
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.12 |
| SMR Nuscale Power Corp. | Sold out | 0.00% | −0.12 |
| MLPA Global X MLP ETF | Reduce -12.0% | 0.33% | −0.11 |
| MSFT Microsoft Corp. | Reduce -71.4% | 0.04% | −0.10 |
| OUST Ouster Inc. | Sold out | 0.00% | −0.10 |
| KKR KKR & Co. Inc. | Sold out | 0.00% | −0.09 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -7.9% | 0.38% | −0.08 |
| NBIS Nebius Group NV | Sold out | 0.00% | −0.07 |
| FLOT iShares Floating Rate Bond E | Sold out | 0.00% | −0.07 |
| IHI iShares U.S. Medical Devices | Sold out | 0.00% | −0.07 |
| PICK iShares MSCI Global Metals & | Sold out | 0.00% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -18.8% | 0.13% | −0.06 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.06 |
| OKLO Oklo Inc. | Sold out | 0.00% | −0.06 |
| VOO Vanguard S&P 500 ETF | Reduce -2.0% | 0.63% | −0.05 |
| ARCC Ares Capital Corp. | Reduce -40.7% | 0.05% | −0.05 |
| JPM JPMorgan Chase & Co. | Reduce -10.4% | 0.29% | −0.05 |
| BUG Global X Cybersecurity ETF | Reduce -27.7% | 0.07% | −0.05 |
| AVAV Aerovironment Inc. | Reduce -1.6% | 0.69% | −0.04 |
| OBDC Blue Owl Capital Corp. | Reduce -26.0% | 0.05% | −0.04 |
| RIET Hoya Capital Hi DVD YLD ETF | Reduce -2.6% | 0.14% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| SMHX Vaneck Fables Smicndctr ETF | New | 2.34% | +2.34 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +20.3% | 14.88% | +1.96 |
| MELI MercadoLibre Inc. | New | 1.40% | +1.40 |
| GOOGL Alphabet Inc. Class A | New | 1.40% | +1.40 |
| ANET Arista Networks Inc. | New | 1.37% | +1.37 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +19.7% | 10.54% | +1.18 |
| UNH Unitedhealth Group Inc. | New | 0.78% | +0.78 |
| COPX Global X Copper Miners ETF | Add +124.3% | 1.24% | +0.76 |
| SNDK Sandisk Corp. | New | 0.69% | +0.69 |
| TAN Invesco Solar ETF | New | 0.65% | +0.65 |
| AVGO Broadcom Inc. | Add +924.5% | 0.69% | +0.62 |
| CLOZ Eldridge BBB-B Clo ETF | Add +44.5% | 2.96% | +0.62 |
| META Meta Platforms Inc. Class A | Add +51.5% | 2.53% | +0.61 |
| GLD SPDR Gold Shares | New | 0.57% | +0.57 |
| NUKZ Range Nuclear Renaissance | Add +90.3% | 1.12% | +0.53 |
| PPLT Abrdn Physical Platinum SHRS | Add +61.6% | 1.34% | +0.52 |
| PFE Pfizer Inc. | New | 0.50% | +0.50 |
| SNOW Snowflake Inc. | Add +301.1% | 0.66% | +0.47 |
| SHY iShares 1-3 Year Treasury Bo | Add +626.1% | 0.53% | +0.44 |
| VNM Vaneck Vietnam ETF | New | 0.35% | +0.35 |
| CLOA iShares Aaa Clo Act ETF-Usdi | New | 0.32% | +0.32 |
| UEC Uranium Energy Corp. | New | 0.31% | +0.31 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +42.0% | 1.88% | +0.30 |
| BOXX Alpha Architect 1-3 MNTH Box | Add +53.1% | 1.14% | +0.30 |
| FCX Freeport-McMoran Inc. | New | 0.28% | +0.28 |
| BIL SS SPDR BB 1-3M T-Bill ETF | New | 0.25% | +0.25 |
| BOTZ Global X Robotics & Artifici | Add +24.0% | 1.64% | +0.24 |
| NLR Vaneck Urani & Nuclr ETF-Usd | New | 0.23% | +0.23 |
| AIQ Global X Art Intel & Tech | Add +10.9% | 2.57% | +0.22 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +22.3% | 1.69% | +0.22 |
| GRID First TRST Nasd Class Edg Sgiif | Add +22.5% | 1.57% | +0.22 |
| U Unity Software Inc. | New | 0.21% | +0.21 |
| DFAT Dimensional US Target Value | New | 0.21% | +0.21 |
| XLC SS Comm Select Sector SPDR | New | 0.20% | +0.20 |
| EWZ iShares MSCI Brazil ETF | Add +17.4% | 1.98% | +0.18 |
| BA The Boeing Co. | Add +100.0% | 0.38% | +0.17 |
| IIPR Innovative Industrial Proper | New | 0.17% | +0.17 |
| YOU Clear Secure Inc. Class A | New | 0.16% | +0.16 |
| ORLY O'reilly Automotive Inc. | New | 0.13% | +0.13 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +15.8% | 1.60% | +0.12 |
| XLK SS Technology Select Sector | Add +5.2% | 4.48% | +0.10 |
| DDOG Datadog Inc. Class A | Add +33.3% | 0.50% | +0.10 |
| TYL Tyler Technologies Inc. | New | 0.09% | +0.09 |
| CPAG F/M Com US Agg Bond ETF | New | 0.09% | +0.09 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | New | 0.08% | +0.08 |
| PLD Prologis Inc. | Add +41.2% | 0.28% | +0.07 |
| GTEK GS Future Tech Leaders Eq | Add +13.6% | 1.08% | +0.07 |
| JAAA Janus Henderson Aaa Clo ETF | Add +21.1% | 1.26% | +0.07 |
| NET Cloudflare Inc. Class A | Add +16.4% | 0.67% | +0.07 |
| CPHY F/M Cmpndr HGH Yield BND ETF | New | 0.07% | +0.07 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 142 | $691.6M | SPYG, SPY, XLK, IWF, SMH |
| Q1 2026 | 116 | $570.6M | SPYG, SPY, IWF, XLK, AMZN |
| Q4 2025 | 116 | $598.4M | SPYG, SPY, IWF, XLK, AMZN |
| Q3 2025 | 109 | $567.0M | SPYG, SPY, IWF, XLK, AMZN |
| Q2 2025 | 103 | $495.0M | SPYG, SPY, IWF, XLK, SMH |
| Q1 2025 | 114 | $441.8M | SPYG, SPY, RSP, IWF, IWP |
| Q4 2024 | 119 | $471.2M | SPYG, IWF, XLK, RSP, SPY |
| Q3 2024 | 115 | $452.8M | SPYG, IWF, XLK, XLE, CLOZ |
| Q2 2024 | 108 | $432.6M | SPYG, IWF, XLK, XLE, CLOZ |
| Q1 2024 | 99 | $390.0M | SPYG, IWF, XLK, XLE, CLOZ |