Client First Investment Management LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 15, 2025), Client First Investment Management LLC reported 39 stock positions worth $196.0 million. Its top holding was Adaptiv Select ETF (ADPV) at 49.2% of the portfolio, followed by Alpha Architect 1-3 MNTH Box (BOXX, 9.5%) and Proshares Ultra Semiconduct (USD, 5.6%). Compared with Q2 2025, it opened 21 new positions, sold out of 8, added to 5 and reduced 11. The biggest buy was a new position in Dirxn DLY GM Indx B2X ETF-Ui (NUGT) and the biggest sale Alpha Architect 1-3 MNTH Box (BOXX, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- West Bend, WI
- CIK
- 0002018284
- Portfolio Value
- $196.0M (Q3 2025)
- SEC Filing
- 0002085853-25-000092 ↗ filed Oct 15, 2025
Holdings Value
Holdings 39 stocks · $196.0M
| ADPV Adaptiv Select ETF | 49.23% | 2,272,346 | $96.5M | Add +3.3% |
| BOXX Alpha Architect 1-3 MNTH Box | 9.54% | 164,213 | $18.7M | Reduce -31.0% |
| USD Proshares Ultra Semiconduct | 5.64% | 111,583 | $11.0M | Reduce -4.9% |
| SSO Proshares Ultra S&P500 | 5.20% | 90,995 | $10.2M | Reduce -36.6% |
| NUGT Dirxn DLY GM Indx B2X ETF-Ui | 3.94% | 49,980 | $7.7M | New |
| UWM Proshares Ultra RUSSELL2000 | 2.57% | 108,750 | $5.0M | New |
| TARK Tradr 2X Long Innovation ETF | 2.17% | 51,913 | $4.3M | New |
| XPP Proshares Ultra Ftse CHINA50 | 1.96% | 125,463 | $3.8M | New |
| MAGX Rdhill Daily 2X LM Seven ETF | 1.91% | 66,323 | $3.7M | Reduce -0.0% |
| JNUG Dirx DLY Junr Gmi B2X ETF-Ui | 1.90% | 22,873 | $3.7M | New |
| UFO Procure Space ETF | 1.34% | 73,769 | $2.6M | New |
| UBT Proshares Ultra 20+ Year TSY | 1.19% | 134,613 | $2.3M | New |
| MSFT Microsoft Corp. | 1.16% | 4,400 | $2.3M | No change |
| AVL Direx Dai Av Bull 2X ETF-Usd | 1.08% | 40,375 | $2.1M | Add +78.6% |
| AAPU Direxion Daily Aapl Bull 2X | 1.01% | 61,567 | $2.0M | New |
| NVDL Granitesh 2X LNG Nvda ETF | 0.98% | 20,517 | $1.9M | Reduce -46.8% |
| GSIB Themes GLBL SYST Imprt BNKS | 0.95% | 38,490 | $1.9M | Add +2.9% |
| SH Proshares Short S&P500 | 0.93% | 49,427 | $1.8M | New |
| LLY Eli Lilly & Co. | 0.89% | 2,276 | $1.7M | Reduce -7.7% |
| FNGO Microsectors Fang Index 2X L filed as BANK MONTREAL QUE | 0.75% | 11,733 | $1.5M | Add +1.9% |
| DAPP Vaneck Digital Transformatio | 0.72% | 65,230 | $1.4M | New |
| TSMX Dirxn DLY TSM Bull 2X ETF-Ui | 0.51% | 21,116 | $993K | Reduce -58.1% |
| WGMI CS BTC Min Dig PWR ETF | 0.46% | 20,284 | $897K | New |
| URA Global X Uranium ETF | 0.44% | 18,126 | $864K | Reduce -15.8% |
| EUFN iShares MSCI Europe Financia | 0.43% | 24,490 | $841K | New |
| PROSHARES ULTRA XRP ETF | 0.35% | 23,994 | $688K | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.35% | 7,486 | $687K | Reduce -15.3% |
| CWB SS SPDR BB Conv Sec ETF | 0.29% | 6,382 | $578K | New |
| LEMB iShares JP Morgan Em Local C | 0.29% | 13,628 | $562K | New |
| LISTED FDS TR | 0.29% | 17,336 | $560K | New |
| FLRT Pacer Aristotle Pacific Floa | 0.28% | 11,521 | $546K | New |
| XLK SS Technology Select Sector | 0.24% | 1,701 | $479K | Add +18.6% |
| SGOL Abrdn Physical Gold Shares | 0.24% | 12,534 | $461K | New |
| V Visa Inc. Class A | 0.18% | 1,015 | $347K | No change |
| VOO Vanguard S&P 500 ETF | 0.15% | 468 | $287K | New |
| MAGS Roundhill Magnificent Seven | 0.12% | 3,740 | $243K | New |
| FNGS Microsectors Fang+ Etns filed as BANK MONTREAL MEDIUM | 0.11% | 3,143 | $220K | New |
| JPST JPMorgan Ultra-Short Income | 0.11% | 4,321 | $219K | Reduce -14.6% |
| FTSM First Trust Enh Short Mat FD | 0.11% | 3,637 | $218K | Reduce -14.5% |
Portfolio Sells Q2 2025 → Q3 2025
| BOXX Alpha Architect 1-3 MNTH Box | Reduce -31.0% | 9.54% | −6.92 |
| SSO Proshares Ultra S&P500 | Reduce -36.6% | 5.20% | −3.40 |
| QLD Proshares Ultra QQQ | Sold out | 0.00% | −2.25 |
| QTUM Defiance Quantum ETF | Sold out | 0.00% | −1.66 |
| GREK Global X MSCI Greece ETF | Sold out | 0.00% | −1.57 |
| NUKZ Range Nuclear Renaissance | Sold out | 0.00% | −1.47 |
| NVDL Granitesh 2X LNG Nvda ETF | Reduce -46.8% | 0.98% | −0.69 |
| BITU Proshares Ultra Bitcoin ETF | Sold out | 0.00% | −0.50 |
| TSMX Dirxn DLY TSM Bull 2X ETF-Ui | Reduce -58.1% | 0.51% | −0.50 |
| IBND SS SPDR BB Intl Corp. BD ETF | Sold out | 0.00% | −0.49 |
| IAI iShares U.S. Broker-Dealers | Sold out | 0.00% | −0.49 |
| LLY Eli Lilly & Co. | Reduce -7.7% | 0.89% | −0.29 |
| IGOV iShares International Treasu | Sold out | 0.00% | −0.27 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -15.3% | 0.35% | −0.15 |
| URA Global X Uranium ETF | Reduce -15.8% | 0.44% | −0.07 |
| JPST JPMorgan Ultra-Short Income | Reduce -14.6% | 0.11% | −0.05 |
| FTSM First Trust Enh Short Mat FD | Reduce -14.5% | 0.11% | −0.05 |
| MAGX Rdhill Daily 2X LM Seven ETF | Reduce -0.0% | 1.91% | +0.17 |
| USD Proshares Ultra Semiconduct | Reduce -4.9% | 5.64% | +0.31 |
Portfolio Buys Q2 2025 → Q3 2025
| NUGT Dirxn DLY GM Indx B2X ETF-Ui | New | 3.94% | +3.94 |
| UWM Proshares Ultra RUSSELL2000 | New | 2.57% | +2.57 |
| TARK Tradr 2X Long Innovation ETF | New | 2.17% | +2.17 |
| XPP Proshares Ultra Ftse CHINA50 | New | 1.96% | +1.96 |
| JNUG Dirx DLY Junr Gmi B2X ETF-Ui | New | 1.90% | +1.90 |
| UFO Procure Space ETF | New | 1.34% | +1.34 |
| UBT Proshares Ultra 20+ Year TSY | New | 1.19% | +1.19 |
| AAPU Direxion Daily Aapl Bull 2X | New | 1.01% | +1.01 |
| SH Proshares Short S&P500 | New | 0.93% | +0.93 |
| DAPP Vaneck Digital Transformatio | New | 0.72% | +0.72 |
| AVL Direx Dai Av Bull 2X ETF-Usd | Add +78.6% | 1.08% | +0.54 |
| WGMI CS BTC Min Dig PWR ETF | New | 0.46% | +0.46 |
| EUFN iShares MSCI Europe Financia | New | 0.43% | +0.43 |
| PROSHARES ULTRA XRP ETF | New | 0.35% | +0.35 |
| CWB SS SPDR BB Conv Sec ETF | New | 0.29% | +0.29 |
| LEMB iShares JP Morgan Em Local C | New | 0.29% | +0.29 |
| LISTED FDS TR | New | 0.29% | +0.29 |
| FLRT Pacer Aristotle Pacific Floa | New | 0.28% | +0.28 |
| SGOL Abrdn Physical Gold Shares | New | 0.24% | +0.24 |
| VOO Vanguard S&P 500 ETF | New | 0.15% | +0.15 |
| MAGS Roundhill Magnificent Seven | New | 0.12% | +0.12 |
| FNGS Microsectors Fang+ Etns | New | 0.11% | +0.11 |
| XLK SS Technology Select Sector | Add +18.6% | 0.24% | +0.02 |
| FNGO Microsectors Fang Index 2X L | Add +1.9% | 0.75% | −0.03 |
| GSIB Themes GLBL SYST Imprt BNKS | Add +2.9% | 0.95% | −0.05 |
| ADPV Adaptiv Select ETF | Add +3.3% | 49.23% | −0.67 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 28 | $237.3M | ADPV, SSO, BOXX, UWM, PULS |
| Q1 2026 | 16 | $192.4M | ADPV, BOXX, PULS, SDS, SSO |
| Q4 2025 | 30 | $190.7M | ADPV, SSO, BOXX, SLV, JNUG |
| Q3 2025 | 39 | $196.0M | ADPV, BOXX, USD, SSO, NUGT |
| Q2 2025 | 26 | $163.0M | ADPV, BOXX, SSO, USD, QLD |
| Q1 2025 | 14 | $147.5M | ADPV, BOXX, BIL, SGOL, JBBB |
| Q4 2024 | 23 | $155.6M | ADPV, SSO, FLRT, BOXX, USD |
| Q3 2024 | 24 | $130.7M | ADPV, SSO, FLRT, USD, BOXX |
| Q2 2024 | 25 | $128.8M | ADPV, SSO, FLRT, BOXX, QLD |
| Q1 2024 | 22 | $125.9M | ADPV, SSO, BOXX, FLRT, UWM |