Black Swift Group, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Black Swift Group, LLC reported 116 stock positions worth $598.4 million. Its top holding was SS SPDR P S&P 500 Growth ETF (SPYG) at 15.7% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 9.1%) and iShares Russell 1000 Growth (IWF, 5.4%). Compared with Q3 2025, it opened 30 new positions, sold out of 23, added to 31 and reduced 34. The biggest buy was a new position in Defiance Le Cap Ex-Mag 7 ETF (XMAG) and the biggest sale Eldridge BBB-B Clo ETF (CLOZ, shares −37%).
- Most Recent 13F
- Q2 2026
- Location
- BOULDER, CO
- CIK
- 0001704212
- Portfolio Value
- $598.4M (Q4 2025)
- SEC Filing
- 0001704212-26-000001 ↗ filed Feb 10, 2026
Holdings Value
Holdings 116 stocks · $598.4M
| SPYG SS SPDR P S&P 500 Growth ETF | 15.66% | 813,751 | $93.7M | Add +0.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 9.14% | 90,179 | $54.7M | Add +0.5% |
| IWF iShares Russell 1000 Growth | 5.43% | 68,710 | $32.5M | Reduce -0.5% |
| XLK SS Technology Select Sector | 4.44% | 184,291 | $26.6M | Add +2.3% |
| AMZN Amazon.com Inc. | 3.49% | 91,915 | $20.9M | Add +13.6% |
| IGV iShares Expanded Tech-Softwa | 2.70% | 151,040 | $16.1M | Add +1.6% |
| GOOGL Alphabet Inc. Class A | 2.27% | 43,320 | $13.6M | Add +33.0% |
| SMH Vaneck Semiconductor ETF | 2.23% | 37,074 | $13.4M | Add +3.2% |
| SMHX Vaneck Fables Smicndctr ETF | 2.07% | 325,166 | $12.4M | Reduce -6.0% |
| CRWD CrowdStrike Holdings Inc. Class A | 2.05% | 26,109 | $12.2M | Add +20.3% |
| XMAG Defiance Le Cap Ex-Mag 7 ETF | 1.95% | 516,260 | $11.7M | New |
| EWZ iShares MSCI Brazil ETF | 1.93% | 363,495 | $11.6M | Add +0.3% |
| JAAA Janus Henderson Aaa Clo ETF | 1.81% | 157,625 | $10.8M | Add +11.7% |
| PPLT Abrdn Physical Platinum SHRS | 1.81% | 58,040 | $10.8M | Add +9.3% |
| COPX Global X Copper Miners ETF | 1.71% | 142,466 | $10.2M | Add +21.0% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.70% | 127,212 | $10.2M | Add +3.8% |
| BOTZ Global X Robotics & Artifici | 1.64% | 271,435 | $9.8M | Add +3.5% |
| XLE SS Energy Select Sector | 1.57% | 210,390 | $9.4M | Reduce -1.9% |
| GRID First TRST Nasd Class Edg Sgiif | 1.57% | 61,339 | $9.4M | Add +3.9% |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.53% | 126,171 | $9.2M | Reduce -6.0% |
| EWY iShares MSCI South Korea ETF | 1.50% | 92,276 | $9.0M | Reduce -6.6% |
| AIQ Global X Art Intel & Tech | 1.49% | 175,670 | $8.9M | Reduce -40.5% |
| TER Teradyne Inc. | 1.38% | 42,750 | $8.3M | New |
| CLOZ Eldridge BBB-B Clo ETF | 1.30% | 394,659 | $7.8M | Reduce -37.0% |
| BOXX Alpha Architect 1-3 MNTH Box | 1.15% | 60,025 | $6.9M | Add +5.3% |
| MSFT Microsoft Corp. | 1.13% | 13,255 | $6.7M | Add +3213.8% |
| META Meta Platforms Inc. Class A | 1.12% | 10,185 | $6.7M | Reduce -47.9% |
| XLV SS Health Care Select Sector | 1.02% | 39,236 | $6.1M | New |
| VNM Vaneck Vietnam ETF | 1.01% | 317,090 | $6.1M | Add +181.4% |
| XES SS SPDR S&P Og Eqp & Serv | 0.99% | 72,505 | $5.9M | New |
| EWW iShares MSCI Mexico ETF | 0.96% | 82,446 | $5.7M | Add +17.5% |
| JPM JPMorgan Chase & Co. | 0.92% | 17,140 | $5.5M | Add +233.5% |
| PALL Abrdn Physical Palladium SHS | 0.92% | 37,909 | $5.5M | New |
| VZ Verizon Communications Inc. | 0.87% | 127,675 | $5.2M | New |
| GTEK GS Future Tech Leaders Eq | 0.68% | 101,395 | $4.1M | Reduce -35.3% |
| PFFA Virtus Infracap US Pref STCK | 0.63% | 175,815 | $3.8M | Add +40.9% |
| OEF iShares S&P 100 ETF | 0.63% | 11,000 | $3.8M | No change |
| COHR Coherent Corp. | 0.58% | 18,950 | $3.5M | New |
| VOO Vanguard S&P 500 ETF | 0.57% | 5,479 | $3.4M | Reduce -6.7% |
| VRT Vertiv Holdings Co. Class A | 0.52% | 19,100 | $3.1M | New |
| JBL Jabil Inc. | 0.47% | 12,000 | $2.8M | New |
| SHY iShares 1-3 Year Treasury Bo | 0.44% | 29,900 | $2.6M | Reduce -16.8% |
| CLOX Eldridge Aaa Clo ETF | 0.43% | 99,305 | $2.6M | Reduce -28.0% |
| SHOP Shopify Inc. Class A | 0.42% | 15,550 | $2.5M | New |
| BIZD Vaneck BDC Income ETF | 0.40% | 170,507 | $2.4M | New |
| AVGO Broadcom Inc. | 0.40% | 6,918 | $2.4M | Reduce -41.5% |
| TKO Tko Group Holdings Inc. | 0.40% | 11,350 | $2.4M | Reduce -46.8% |
| TAN Invesco Solar ETF | 0.39% | 47,239 | $2.3M | Reduce -43.6% |
| UBER Uber Technologies Inc. | 0.38% | 27,500 | $2.2M | New |
| WDC Western Digital Corp. | 0.36% | 12,500 | $2.2M | New |
| GEV GE Vernova Inc. | 0.35% | 3,250 | $2.1M | New |
| LDOS Leidos Holdings Inc. | 0.34% | 11,400 | $2.1M | New |
| SYM Symbotic Inc. | 0.33% | 33,125 | $2.0M | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.32% | 19,110 | $1.9M | Add +25.3% |
| BMY Bristol-Myers Squibb Co. | 0.32% | 34,950 | $1.9M | New |
| PLD Prologis Inc. | 0.31% | 14,429 | $1.8M | Add +2.8% |
| EQT Eqt Corp. | 0.31% | 34,325 | $1.8M | New |
| CAG Conagra Brands Inc. | 0.30% | 80,390 | $1.8M | New |
| TTMI TTM Technologies | 0.29% | 26,500 | $1.7M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.29% | 3,425 | $1.7M | Reduce -20.8% |
| O Realty Income Corp. | 0.28% | 30,090 | $1.7M | Reduce -5.2% |
| AVAV Aerovironment Inc. | 0.28% | 7,000 | $1.7M | Reduce -43.3% |
| NVDA Nvidia Corp. | 0.28% | 7,825 | $1.7M | Add +140.8% |
| IBDR iShares Ibonds Dec 2026 Term | 0.27% | 66,665 | $1.6M | Reduce -12.6% |
| IVV iShares Core S&P 500 ETF | 0.24% | 2,121 | $1.5M | No change |
| CLOA iShares Aaa Clo Act ETF-Usdi | 0.24% | 27,815 | $1.4M | Reduce -21.4% |
| CPAG F/M Com US Agg Bond ETF | 0.21% | 12,500 | $1.3M | Add +150.0% |
| DFAT Dimensional US Target Value | 0.20% | 20,000 | $1.2M | No change |
| C Citigroup Inc. | 0.19% | 9,500 | $1.1M | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.18% | 2,244 | $1.1M | No change |
| BA The Boeing Co. | 0.18% | 10,000 | $1.1M | No change |
| FIGR Figure Technology Solut Class A | 0.17% | 25,000 | $1.0M | New |
| VAL Valaris Ltd. | 0.17% | 20,000 | $1.0M | New |
| FLO Flowers Foods Inc. | 0.17% | 92,165 | $1.0M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.17% | 3,250 | $988K | New |
| ANET Arista Networks Inc. | 0.16% | 10,125 | $973K | Reduce -81.0% |
| AAPL Apple Inc. | 0.16% | 3,570 | $971K | Reduce -26.8% |
| LLY Eli Lilly & Co. | 0.16% | 900 | $967K | Reduce -7.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.15% | 1,300 | $921K | Add +136.4% |
| IBTG iShares Ibonds Dec 2026 Term | 0.15% | 39,670 | $907K | Reduce -29.5% |
| AMKR Amkor Technology Inc. | 0.15% | 20,200 | $896K | New |
| SNOW Snowflake Inc. | 0.13% | 3,635 | $797K | Reduce -78.0% |
| HIG Hartford Insurance Group Inc. | 0.12% | 5,000 | $689K | No change |
| IWM iShares Russell 2000 ETF | 0.11% | 2,750 | $677K | Add +83.3% |
| IBIT iShares Bitcoin Trust ETF | 0.11% | 13,300 | $660K | Reduce -32.0% |
| ORLY O'reilly Automotive Inc. | 0.11% | 7,000 | $638K | No change |
| IIPR Innovative Industrial Proper | 0.09% | 18,835 | $561K | Add +5.8% |
| IYH iShares U.S. Healthcare ETF | 0.09% | 8,405 | $547K | New |
| FDN First Trust DJ Internet Ind | 0.09% | 2,000 | $538K | New |
| GOOG Alphabet Inc. Class C | 0.09% | 1,650 | $518K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.09% | 9,250 | $509K | No change |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.08% | 20,750 | $504K | Add +7.5% |
| ET Energy Transfer LP | 0.08% | 30,000 | $495K | Reduce -61.5% |
| CVX Chevron Corp. | 0.08% | 3,195 | $487K | No change |
| TYL Tyler Technologies Inc. | 0.08% | 1,000 | $454K | No change |
| ILF iShares Latin America 40 ETF | 0.08% | 14,830 | $452K | New |
| XLC SS Comm Select Sector SPDR | 0.07% | 3,785 | $446K | Reduce -60.0% |
| DFUV Dimensional US Marketwide Va | 0.07% | 9,246 | $431K | Add +8.8% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.07% | 14,650 | $412K | Reduce -82.6% |
| ARGT Global X MSCI Argentina ETF | 0.07% | 4,445 | $406K | New |
| IVW iShares S&P 500 Growth ETF | 0.07% | 3,256 | $401K | No change |
| EPD Enterprise Products Partners | 0.06% | 12,000 | $385K | No change |
| IBTH iShares Ibonds Dec 2027 Term | 0.06% | 16,145 | $363K | Reduce -4.0% |
| BUG Global X Cybersecurity ETF | 0.06% | 11,100 | $338K | No change |
| CIBR First Trust Nasdaq Cybersecu | 0.05% | 4,500 | $322K | Reduce -2.2% |
| MS Morgan Stanley | 0.05% | 1,773 | $315K | No change |
| SPMC Sound Point Meridian Capital | 0.05% | 22,500 | $309K | No change |
| VEA Vanguard Ftse Developed ETF | 0.05% | 4,926 | $308K | No change |
| GLD SPDR Gold Shares | 0.05% | 750 | $297K | Reduce -91.7% |
| IVE iShares S&P 500 Value ETF | 0.05% | 1,400 | $297K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.05% | 842 | $282K | Reduce -9.7% |
| SCHX Schwab US Large-Cap ETF | 0.04% | 9,578 | $258K | No change |
| PH Parker Hannifin Corp. | 0.04% | 275 | $242K | Reduce -2.1% |
| PLTR Palantir Technologies Inc. Class A | 0.04% | 1,350 | $240K | Add +8.0% |
| ZS Zscaler Inc. | 0.04% | 1,000 | $225K | No change |
| SN Sharkninja Inc. | 0.04% | 2,000 | $224K | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $448K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 370 | $448K | No change |
Lines left out (1) · $1.1M — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| XLI SS Industrial Select Sector | ST STR INDL ETF | 0 | $1.1M |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $599.9M.
Portfolio Sells Q3 2025 → Q4 2025
| CLOZ Eldridge BBB-B Clo ETF | Reduce -37.0% | 1.30% | −1.66 |
| META Meta Platforms Inc. Class A | Reduce -47.9% | 1.12% | −1.41 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −1.40 |
| ANET Arista Networks Inc. | Reduce -81.0% | 0.16% | −1.21 |
| NUKZ Range Nuclear Renaissance | Sold out | 0.00% | −1.12 |
| AIQ Global X Art Intel & Tech | Reduce -40.5% | 1.49% | −1.08 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.78 |
| SNDK Sandisk Corp. | Sold out | 0.00% | −0.69 |
| NET Cloudflare Inc. Class A | Sold out | 0.00% | −0.67 |
| SNOW Snowflake Inc. | Reduce -78.0% | 0.13% | −0.52 |
| GLD SPDR Gold Shares | Reduce -91.7% | 0.05% | −0.52 |
| PEJ Invesco Leisure & Entertainm | Sold out | 0.00% | −0.51 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.50 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.50 |
| VICI Vici Properties Inc. | Reduce -82.6% | 0.07% | −0.41 |
| AVAV Aerovironment Inc. | Reduce -43.3% | 0.28% | −0.40 |
| GTEK GS Future Tech Leaders Eq | Reduce -35.3% | 0.68% | −0.40 |
| TKO Tko Group Holdings Inc. | Reduce -46.8% | 0.40% | −0.36 |
| MLPA Global X MLP ETF | Sold out | 0.00% | −0.33 |
| UEC Uranium Energy Corp. | Sold out | 0.00% | −0.31 |
| AVGO Broadcom Inc. | Reduce -41.5% | 0.40% | −0.29 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.28 |
| IWF iShares Russell 1000 Growth | Reduce -0.5% | 5.43% | −0.27 |
| SMHX Vaneck Fables Smicndctr ETF | Reduce -6.0% | 2.07% | −0.27 |
| TAN Invesco Solar ETF | Reduce -43.6% | 0.39% | −0.26 |
| NLR Vaneck Urani & Nuclr ETF-Usd | Sold out | 0.00% | −0.23 |
| U Unity Software Inc. | Sold out | 0.00% | −0.21 |
| CLOX Eldridge Aaa Clo ETF | Reduce -28.0% | 0.43% | −0.20 |
| YOU Clear Secure Inc. Class A | Sold out | 0.00% | −0.16 |
| ET Energy Transfer LP | Reduce -61.5% | 0.08% | −0.15 |
| RIET Hoya Capital Hi DVD YLD ETF | Sold out | 0.00% | −0.14 |
| XLC SS Comm Select Sector SPDR | Reduce -60.0% | 0.07% | −0.12 |
| XLE SS Energy Select Sector | Reduce -1.9% | 1.57% | −0.12 |
| IBIT iShares Bitcoin Trust ETF | Reduce -32.0% | 0.11% | −0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -20.8% | 0.29% | −0.10 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -16.8% | 0.44% | −0.09 |
| XHYE Bondbloxx Usd HY Bond Energy | Sold out | 0.00% | −0.09 |
| CLOA iShares Aaa Clo Act ETF-Usdi | Reduce -21.4% | 0.24% | −0.08 |
| IBTG iShares Ibonds Dec 2026 Term | Reduce -29.5% | 0.15% | −0.08 |
| CPHY F/M Cmpndr HGH Yield BND ETF | Sold out | 0.00% | −0.07 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -6.0% | 1.53% | −0.07 |
| VOO Vanguard S&P 500 ETF | Reduce -6.7% | 0.57% | −0.06 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -12.6% | 0.27% | −0.06 |
| AAPL Apple Inc. | Reduce -26.8% | 0.16% | −0.06 |
| O Realty Income Corp. | Reduce -5.2% | 0.28% | −0.06 |
| FJUL FT Vest US Equity Buffer ETF | Sold out | 0.00% | −0.05 |
| ARCC Ares Capital Corp. | Sold out | 0.00% | −0.05 |
| OBDC Blue Owl Capital Corp. | Sold out | 0.00% | −0.05 |
| JBBB Janus Henderson B-BBB Clo Et | Sold out | 0.00% | −0.04 |
| USAR USA Rare Earth Inc. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| XMAG Defiance Le Cap Ex-Mag 7 ETF | New | 1.95% | +1.95 |
| TER Teradyne Inc. | New | 1.38% | +1.38 |
| MSFT Microsoft Corp. | Add +3213.8% | 1.13% | +1.09 |
| XLV SS Health Care Select Sector | New | 1.02% | +1.02 |
| XES SS SPDR S&P Og Eqp & Serv | New | 0.99% | +0.99 |
| PALL Abrdn Physical Palladium SHS | New | 0.92% | +0.92 |
| GOOGL Alphabet Inc. Class A | Add +33.0% | 2.27% | +0.87 |
| VZ Verizon Communications Inc. | New | 0.87% | +0.87 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +0.8% | 15.66% | +0.77 |
| VNM Vaneck Vietnam ETF | Add +181.4% | 1.01% | +0.66 |
| JPM JPMorgan Chase & Co. | Add +233.5% | 0.92% | +0.64 |
| COHR Coherent Corp. | New | 0.58% | +0.58 |
| JAAA Janus Henderson Aaa Clo ETF | Add +11.7% | 1.81% | +0.55 |
| VRT Vertiv Holdings Co. Class A | New | 0.52% | +0.52 |
| JBL Jabil Inc. | New | 0.47% | +0.47 |
| COPX Global X Copper Miners ETF | Add +21.0% | 1.71% | +0.47 |
| PPLT Abrdn Physical Platinum SHRS | Add +9.3% | 1.81% | +0.47 |
| SHOP Shopify Inc. Class A | New | 0.42% | +0.42 |
| BIZD Vaneck BDC Income ETF | New | 0.40% | +0.40 |
| UBER Uber Technologies Inc. | New | 0.38% | +0.38 |
| WDC Western Digital Corp. | New | 0.36% | +0.36 |
| AMZN Amazon.com Inc. | Add +13.6% | 3.49% | +0.36 |
| GEV GE Vernova Inc. | New | 0.35% | +0.35 |
| LDOS Leidos Holdings Inc. | New | 0.34% | +0.34 |
| SYM Symbotic Inc. | New | 0.33% | +0.33 |
| BMY Bristol-Myers Squibb Co. | New | 0.32% | +0.32 |
| EQT Eqt Corp. | New | 0.31% | +0.31 |
| CAG Conagra Brands Inc. | New | 0.30% | +0.30 |
| TTMI TTM Technologies | New | 0.29% | +0.29 |
| NVDA Nvidia Corp. | Add +140.8% | 0.28% | +0.17 |
| FIGR Figure Technology Solut Class A | New | 0.17% | +0.17 |
| VAL Valaris Ltd. | New | 0.17% | +0.17 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +20.3% | 2.05% | +0.17 |
| FLO Flowers Foods Inc. | New | 0.17% | +0.17 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.17% | +0.17 |
| SMH Vaneck Semiconductor ETF | Add +3.2% | 2.23% | +0.16 |
| PFFA Virtus Infracap US Pref STCK | Add +40.9% | 0.63% | +0.16 |
| AMKR Amkor Technology Inc. | New | 0.15% | +0.15 |
| CPAG F/M Com US Agg Bond ETF | Add +150.0% | 0.21% | +0.12 |
| EWW iShares MSCI Mexico ETF | Add +17.5% | 0.96% | +0.11 |
| QQQ Invesco QQQ Trust Series 1 | Add +136.4% | 0.15% | +0.10 |
| IYH iShares U.S. Healthcare ETF | New | 0.09% | +0.09 |
| FDN First Trust DJ Internet Ind | New | 0.09% | +0.09 |
| ILF iShares Latin America 40 ETF | New | 0.08% | +0.08 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +25.3% | 0.32% | +0.07 |
| ARGT Global X MSCI Argentina ETF | New | 0.07% | +0.07 |
| IWM iShares Russell 2000 ETF | Add +83.3% | 0.11% | +0.05 |
| SN Sharkninja Inc. | New | 0.04% | +0.04 |
| PLD Prologis Inc. | Add +2.8% | 0.31% | +0.02 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +3.8% | 1.70% | +0.01 |
Notes & Other Activity Q3 2025 → Q4 2025
| XLI SS Industrial Select Sector | ST STR INDL ETF | New | 0 | $1.1M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |