Ciovacco Capital Management LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), Ciovacco Capital Management LLC reported 27 stock positions worth $199.7 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 37.3% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 13.6%) and SS SPDR P S&P 500 Growth ETF (SPYG, 11.7%). Compared with Q3 2025, it opened 1 new position, sold out of 4, added to 7 and reduced 15. The biggest buy was SS Technology Select Sector (XLK, shares +13%) and the biggest sale Invesco S&P 500 Equal Weight (RSP, shares −16%).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001653012
- Portfolio Value
- $199.7M (Q4 2025)
- SEC Filing
- 0001653012-26-000001 ↗ filed Feb 9, 2026
Holdings Value
Holdings 27 stocks · $199.7M
| VOO Vanguard S&P 500 ETF | 37.32% | 118,810 | $74.5M | Reduce -1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 13.62% | 39,878 | $27.2M | Reduce -2.3% |
| SPYG SS SPDR P S&P 500 Growth ETF | 11.65% | 218,034 | $23.3M | Reduce -2.0% |
| QQQ Invesco QQQ Trust Series 1 | 6.89% | 22,378 | $13.7M | Reduce -1.6% |
| IYW iShares Ustechnology ETF | 4.16% | 41,568 | $8.3M | Add +2.2% |
| XLC SS Comm Select Sector SPDR | 3.43% | 58,213 | $6.9M | Reduce -2.8% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 3.04% | 75,659 | $6.1M | Reduce -4.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.93% | 12,005 | $5.9M | Reduce -1.2% |
| VGT Vanguard Info Tech ETF | 2.17% | 5,755 | $4.3M | Reduce -1.4% |
| GLD SPDR Gold Shares | 2.10% | 10,590 | $4.2M | Reduce -0.0% |
| XLK SS Technology Select Sector | 1.98% | 27,397 | $3.9M | Add +13.1% |
| SCHG Schwab US Large-Cap Growth | 1.74% | 106,782 | $3.5M | Add +2.6% |
| SMH Vaneck Semiconductor ETF | 1.69% | 9,380 | $3.4M | Reduce -1.6% |
| FTEC Fidelity MSCI Info Tech Indx | 1.50% | 13,322 | $3.0M | Reduce -1.7% |
| RSP Invesco S&P 500 Equal Weight | 1.24% | 12,964 | $2.5M | Reduce -15.9% |
| XLF SS Financial Select Sector | 1.09% | 39,891 | $2.2M | Reduce -8.7% |
| IWY iShares Russell Top 200 Grow | 0.96% | 6,916 | $1.9M | Add +0.3% |
| ONEQ Fidelity Nasdaq Comp Indx | 0.68% | 14,768 | $1.3M | Add +0.1% |
| NVDA Nvidia Corp. | 0.46% | 4,937 | $921K | Reduce -1.4% |
| XLI SS Industrial Select Sector | 0.43% | 5,520 | $856K | Reduce -1.5% |
| AMZN Amazon.com Inc. | 0.16% | 1,400 | $323K | Add +5.5% |
| IVV iShares Core S&P 500 ETF | 0.16% | 459 | $315K | No change |
| GRNY Fundstr Gran SH US LRG Cap | 0.15% | 12,362 | $306K | No change |
| GOOGL Alphabet Inc. Class A | 0.15% | 954 | $299K | Add +0.1% |
| AAPL Apple Inc. | 0.14% | 994 | $270K | New |
| GRW TCW Durable Growth ETF | 0.13% | 8,530 | $265K | No change |
| GOSS Gossamer Bio Inc. | 0.02% | 10,204 | $32K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| RSP Invesco S&P 500 Equal Weight | Reduce -15.9% | 1.24% | −0.23 |
| GBTC Grayscale Bitcoin Trust ETF | Sold out | 0.00% | −0.20 |
| ETHE Grayscale Ethereum Staking E | Sold out | 0.00% | −0.18 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.14 |
| XLC SS Comm Select Sector SPDR | Reduce -2.8% | 3.43% | −0.14 |
| FDD First Trust Stoxx Europe | Sold out | 0.00% | −0.10 |
| XLF SS Financial Select Sector | Reduce -8.7% | 1.09% | −0.09 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -4.4% | 3.04% | −0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.3% | 13.62% | −0.06 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -2.0% | 11.65% | −0.05 |
| VGT Vanguard Info Tech ETF | Reduce -1.4% | 2.17% | −0.02 |
| FTEC Fidelity MSCI Info Tech Indx | Reduce -1.7% | 1.50% | −0.02 |
| NVDA Nvidia Corp. | Reduce -1.4% | 0.46% | −0.01 |
| XLI SS Industrial Select Sector | Reduce -1.5% | 0.43% | −0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.2% | 2.93% | +0.00 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.6% | 6.89% | +0.02 |
| SMH Vaneck Semiconductor ETF | Reduce -1.6% | 1.69% | +0.13 |
| GLD SPDR Gold Shares | Reduce -0.0% | 2.10% | +0.21 |
| VOO Vanguard S&P 500 ETF | Reduce -1.1% | 37.32% | +0.29 |
Portfolio Buys Q3 2025 → Q4 2025
| XLK SS Technology Select Sector | Add +13.1% | 1.98% | +0.26 |
| IYW iShares Ustechnology ETF | Add +2.2% | 4.16% | +0.15 |
| AAPL Apple Inc. | New | 0.14% | +0.14 |
| SCHG Schwab US Large-Cap Growth | Add +2.6% | 1.74% | +0.07 |
| GOOGL Alphabet Inc. Class A | Add +0.1% | 0.15% | +0.03 |
| AMZN Amazon.com Inc. | Add +5.5% | 0.16% | +0.02 |
| ONEQ Fidelity Nasdaq Comp Indx | Add +0.1% | 0.68% | +0.01 |
| IWY iShares Russell Top 200 Grow | Add +0.3% | 0.96% | +0.01 |
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 |