In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 27, 2026), Client First Capital LLC reported 26 stock positions worth $227.4 million . Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 19.5% of the portfolio, followed by iShares 0-1 Year Treasury Bo (SHV, 13.9% ) and iShares Core S&P 500 ETF (IVV, 13.7% ). Compared with Q4 2025, it opened 5 new positions, sold out of 4, added to 5 and reduced 10. The biggest buy was a new position in iShares Aaa Clo Act ETF-Usdi (CLOA) and the biggest sale an exit from Invesco S&P 500 Top 50 ETF (XLG).
Location SAN DIEGO, CA
CIK 0001822065
Portfolio Value $227.4M (Q1 2026) Holdings 26 stocks · $227.4M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2025 QQQ Invesco QQQ Trust Series 1 76,863 $44.4M Add +0.8% SHV iShares 0-1 Year Treasury Bo 285,502 $31.5M Reduce -13.0% IVV iShares Core S&P 500 ETF 47,741 $31.2M Add +9.5% QUAL iShares MSCI USA Quality Fac 123,300 $23.7M Reduce -0.8% USFR Wisdomtree Floating Rate Tre 468,583 $23.6M Add +3.8% GLD SPDR Gold Shares 39,463 $17.0M Reduce -8.0% CLOA iShares Aaa Clo Act ETF-Usdi 134,379 $7.0M New XLC SS Comm Select Sector SPDR 60,331 $6.7M Reduce -30.5% OEF iShares S&P 100 ETF 20,093 $6.4M Add +0.1% XLI SS Industrial Select Sector 37,935 $6.1M New XLP SS Consumer Staples Sel Sect 74,468 $6.1M New EMXC iShares MSCI Emr MRK Ex Chna 71,990 $5.7M New CMF iShares California Muni Bond 92,578 $5.3M No change SMAX iShares L Cap MB Sep ETF 145,320 $3.9M Reduce -22.5% MAXJ iShares LG Cap Max Buff Jun 90,423 $2.5M Add +17.1% MUB iShares National Muni Bond E 23,070 $2.4M No change HD Home Depot Inc. 2,040 $671K No change LLY Eli Lilly & Co. 690 $635K No change MEAR Ishrs Short Mat Muni Act ETF 9,167 $461K Reduce -48.6% AAPL Apple Inc. 1,697 $431K Reduce -1.7% CALI Ishrs SH-TRM Ca Muni Act ETF 8,277 $417K Reduce -44.7% RTX RTX Corp. 2,153 $415K No change SPY SS SPDR S&P 500 ETF Trust-US 435 $283K Reduce -5.0% GOOGL Alphabet Inc. Class A 950 $273K Reduce -5.3% COST Costco Wholesale Corp. 210 $209K New CINF Cincinnati Financial Corp. 1,289 $203K No change
Options reported separately and not counted above: SPY calls ($2.3M), GLD calls ($861K).
Portfolio Sells Q4 2025 → Q1 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▲ XLG Invesco S&P 500 Top 50 ETF Sold out 0.00% −2.90 XLF SS Financial Select Sector Sold out 0.00% −2.81 SHV iShares 0-1 Year Treasury Bo Reduce -13.0% 13.86% −1.59 IWF iShares Russell 1000 Growth Sold out 0.00% −1.47 XLC SS Comm Select Sector SPDR Reduce -30.5% 2.94% −1.42 ICSH iShares Ultra Short Duration Sold out 0.00% −1.32 SMAX iShares L Cap MB Sep ETF Reduce -22.5% 1.71% −0.44 MEAR Ishrs Short Mat Muni Act ETF Reduce -48.6% 0.20% −0.18 QUAL iShares MSCI USA Quality Fac Reduce -0.8% 10.40% −0.15 CALI Ishrs SH-TRM Ca Muni Act ETF Reduce -44.7% 0.18% −0.14 GOOGL Alphabet Inc. Class A Reduce -5.3% 0.12% −0.01 AAPL Apple Inc. Reduce -1.7% 0.19% −0.01 SPY SS SPDR S&P 500 ETF Trust-US Reduce -5.0% 0.12% −0.01 GLD SPDR Gold Shares Reduce -8.0% 7.47% +0.21
Portfolio Buys Q4 2025 → Q1 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▼ CLOA iShares Aaa Clo Act ETF-Usdi New 3.06% +3.06 XLI SS Industrial Select Sector New 2.70% +2.70 XLP SS Consumer Staples Sel Sect New 2.68% +2.68 EMXC iShares MSCI Emr MRK Ex Chna New 2.49% +2.49 IVV iShares Core S&P 500 ETF Add +9.5% 13.71% +0.96 USFR Wisdomtree Floating Rate Tre Add +3.8% 10.37% +0.67 MAXJ iShares LG Cap Max Buff Jun Add +17.1% 1.12% +0.19 COST Costco Wholesale Corp. New 0.09% +0.09 OEF iShares S&P 100 ETF Add +0.1% 2.81% −0.13 QQQ Invesco QQQ Trust Series 1 Add +0.8% 19.51% −0.49
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 26 $247.8M QQQ, IVV, SHV, QUAL, USFR Q1 2026 26 $227.4M QQQ, SHV, IVV, QUAL, USFR Q4 2025 25 $234.1M QQQ, SHV, IVV, QUAL, USFR Q3 2025 22 $224.5M QQQ, SHV, USFR, IVV, QUAL Q2 2025 22 $213.0M QQQ, SHV, IVV, QUAL, USFR Q1 2025 18 $195.2M SHV, QQQ, IVV, QUAL, GLD Q4 2024 19 $194.5M QQQ, SHV, IVV, GLD, QUAL Q3 2024 19 $180.9M SHV, QQQ, IVV, BIL, GLD Q2 2024 18 $166.1M SHV, QQQ, IVV, QUAL, GLD Q1 2024 14 $142.7M SHV, QQQ, IVV, QUAL, GLD