Ciovacco Capital Management LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), Ciovacco Capital Management LLC reported 23 stock positions worth $183.8 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 37.6% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 15.3%) and SS SPDR P S&P 500 Growth ETF (SPYG, 11.6%). Compared with Q1 2025, it opened 8 new positions, sold out of 4, added to 5 and reduced 9. The biggest buy was a new position in SS SPDR P S&P 500 Growth ETF (SPYG) and the biggest sale Schwab US Large-Cap Growth (SCHG, shares −79%).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001653012
- Portfolio Value
- $183.8M (Q2 2025)
- SEC Filing
- 0001653012-25-000003 ↗ filed Aug 5, 2025
Holdings Value
Holdings 23 stocks · $183.8M
| VOO Vanguard S&P 500 ETF | 37.58% | 121,615 | $69.1M | Add +30.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 15.30% | 45,508 | $28.1M | Reduce -8.5% |
| SPYG SS SPDR P S&P 500 Growth ETF | 11.62% | 224,036 | $21.4M | New |
| QQQ Invesco QQQ Trust Series 1 | 6.68% | 22,274 | $12.3M | Add +71.3% |
| IYW iShares Ustechnology ETF | 3.82% | 40,573 | $7.0M | Reduce -53.0% |
| XLC SS Comm Select Sector SPDR | 3.59% | 60,838 | $6.6M | Add +45.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 3.16% | 79,815 | $5.8M | Add +39.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.73% | 11,444 | $5.0M | Add +75.0% |
| VGT Vanguard Info Tech ETF | 2.14% | 5,942 | $3.9M | Reduce -0.7% |
| GLD SPDR Gold Shares | 1.79% | 10,773 | $3.3M | Reduce -11.1% |
| RSP Invesco S&P 500 Equal Weight | 1.68% | 17,016 | $3.1M | Reduce -46.4% |
| SCHG Schwab US Large-Cap Growth | 1.68% | 105,847 | $3.1M | Reduce -78.9% |
| XLK SS Technology Select Sector | 1.68% | 12,198 | $3.1M | Reduce -67.7% |
| FTEC Fidelity MSCI Info Tech Indx | 1.47% | 13,687 | $2.7M | New |
| SMH Vaneck Semiconductor ETF | 1.38% | 9,069 | $2.5M | Reduce -49.9% |
| XLF SS Financial Select Sector | 1.28% | 45,100 | $2.4M | New |
| ONEQ Fidelity Nasdaq Comp Indx | 0.64% | 14,758 | $1.2M | New |
| NVDA Nvidia Corp. | 0.51% | 5,877 | $929K | New |
| XLI SS Industrial Select Sector | 0.46% | 5,741 | $847K | Reduce -6.3% |
| FDD First Trust Stoxx Europe | 0.30% | 34,994 | $544K | New |
| BTC Grayscale Bitcoin Mini ETF | 0.20% | 7,748 | $370K | New |
| GRW TCW Durable Growth ETF | 0.16% | 8,530 | $299K | No change |
| AMZN Amazon.com Inc. | 0.15% | 1,216 | $267K | New |
Portfolio Sells Q1 2025 → Q2 2025
| SCHG Schwab US Large-Cap Growth | Reduce -78.9% | 1.68% | −7.12 |
| IYW iShares Ustechnology ETF | Reduce -53.0% | 3.82% | −4.68 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -8.5% | 15.30% | −4.19 |
| XLK SS Technology Select Sector | Reduce -67.7% | 1.68% | −3.78 |
| RSP Invesco S&P 500 Equal Weight | Reduce -46.4% | 1.68% | −2.17 |
| SMH Vaneck Semiconductor ETF | Reduce -49.9% | 1.38% | −1.31 |
| GLD SPDR Gold Shares | Reduce -11.1% | 1.79% | −0.66 |
| AAPL Apple Inc. | Sold out | 0.00% | −0.26 |
| SCHB Schwab US Broad Market ETF | Sold out | 0.00% | −0.19 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.16 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.15 |
| VGT Vanguard Info Tech ETF | Reduce -0.7% | 2.14% | −0.13 |
| XLI SS Industrial Select Sector | Reduce -6.3% | 0.46% | −0.10 |
Portfolio Buys Q1 2025 → Q2 2025
| SPYG SS SPDR P S&P 500 Growth ETF | New | 11.62% | +11.62 |
| VOO Vanguard S&P 500 ETF | Add +30.5% | 37.58% | +4.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +71.3% | 6.68% | +2.41 |
| FTEC Fidelity MSCI Info Tech Indx | New | 1.47% | +1.47 |
| XLF SS Financial Select Sector | New | 1.28% | +1.28 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +75.0% | 2.73% | +1.03 |
| XLC SS Comm Select Sector SPDR | Add +45.6% | 3.59% | +0.77 |
| ONEQ Fidelity Nasdaq Comp Indx | New | 0.64% | +0.64 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +39.1% | 3.16% | +0.51 |
| NVDA Nvidia Corp. | New | 0.51% | +0.51 |
| FDD First Trust Stoxx Europe | New | 0.30% | +0.30 |
| BTC Grayscale Bitcoin Mini ETF | New | 0.20% | +0.20 |
| AMZN Amazon.com Inc. | New | 0.15% | +0.15 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 35 | $224.7M | VOO, SPYG, SPY, QQQ, XLK |
| Q1 2026 | 28 | $171.5M | VOO, SPYG, SPY, QQQ, XLC |
| Q4 2025 | 27 | $199.7M | VOO, SPY, SPYG, QQQ, IYW |
| Q3 2025 | 30 | $198.7M | VOO, SPY, SPYG, QQQ, IYW |
| Q2 2025 | 23 | $183.8M | VOO, SPY, SPYG, QQQ, IYW |
| Q1 2025 | 19 | $142.8M | VOO, SPY, SCHG, IYW, XLK |
| Q4 2024 | 20 | $174.9M | VOO, SPY, SCHG, IYW, XLK |
| Q3 2024 | 28 | $171.0M | VOO, SPY, IYW, SCHG, XLK |
| Q2 2024 | 23 | $155.2M | VOO, SPY, XLK, IYW, SCHG |
| Q1 2024 | 23 | $148.8M | VOO, SPY, XLK, IYW, SCHG |