Client First Investment Management LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), Client First Investment Management LLC reported 30 stock positions worth $190.7 million. Its top holding was Adaptiv Select ETF (ADPV) at 52.5% of the portfolio, followed by Proshares Ultra S&P500 (SSO, 16.4%) and Alpha Architect 1-3 MNTH Box (BOXX, 8.4%). Compared with Q3 2025, it opened 11 new positions, sold out of 20, added to 5 and reduced 13. The biggest buy was Proshares Ultra S&P500 (SSO, shares +197%) and the biggest sale Dirxn DLY GM Indx B2X ETF-Ui (NUGT, shares −90%).
- Most Recent 13F
- Q2 2026
- Location
- West Bend, WI
- CIK
- 0002018284
- Portfolio Value
- $190.7M (Q4 2025)
- SEC Filing
- 0002085853-26-000223 ↗ filed Feb 9, 2026
Holdings Value
Holdings 30 stocks · $190.7M
| ADPV Adaptiv Select ETF | 52.51% | 2,336,850 | $100.1M | Add +2.8% |
| SSO Proshares Ultra S&P500 | 16.41% | 540,061 | $31.3M | Add +196.8% |
| BOXX Alpha Architect 1-3 MNTH Box | 8.44% | 139,757 | $16.1M | Reduce -14.9% |
| SLV iShares Silver Trust | 3.65% | 108,086 | $7.0M | New |
| JNUG Dirx DLY Junr Gmi B2X ETF-Ui | 2.86% | 26,392 | $5.5M | Add +15.4% |
| USD Proshares Ultra Semiconduct | 2.67% | 97,016 | $5.1M | Reduce -56.5% |
| SILJ Amplify Junior Silver Miners | 2.44% | 168,202 | $4.7M | New |
| SBIT Proshares Ultrashort Bitcoin | 2.24% | 97,411 | $4.3M | New |
| LLY Eli Lilly & Co. | 1.28% | 2,279 | $2.4M | Add +0.1% |
| MSFT Microsoft Corp. | 1.01% | 3,995 | $1.9M | Reduce -9.2% |
| TARK Tradr 2X Long Innovation ETF | 0.59% | 23,146 | $1.1M | Reduce -55.4% |
| LEMB iShares JP Morgan Em Local C | 0.57% | 26,223 | $1.1M | Add +92.4% |
| ROKT SS SPDR S&P Kensho FF ETF | 0.57% | 12,734 | $1.1M | New |
| COPJ Sprott Jr Copper Miners ETF | 0.57% | 27,552 | $1.1M | New |
| SLX Vaneck Steel ETF | 0.52% | 11,620 | $986K | New |
| NVDL Granitesh 2X LNG Nvda ETF | 0.51% | 11,034 | $971K | Reduce -46.2% |
| TBT Proshares Ultrashort 20+Y TR | 0.50% | 27,030 | $944K | New |
| NUGT Dirxn DLY GM Indx B2X ETF-Ui | 0.48% | 4,987 | $917K | Reduce -90.0% |
| MUU Direxion Daily Mu Bull 2X Et | 0.46% | 8,765 | $883K | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.34% | 7,167 | $655K | Reduce -4.3% |
| FLRT Pacer Aristotle Pacific Floa | 0.28% | 11,432 | $539K | Reduce -0.8% |
| V Visa Inc. Class A | 0.19% | 1,015 | $356K | No change |
| SGOL Abrdn Physical Gold Shares | 0.12% | 5,500 | $226K | Reduce -56.1% |
| AUMI Themes Gold Miners ETF | 0.12% | 2,437 | $224K | New |
| GSIB Themes GLBL SYST Imprt BNKS | 0.12% | 4,194 | $220K | Reduce -89.1% |
| GDX Vaneck Gold Miners ETF | 0.11% | 2,547 | $218K | New |
| XLK SS Technology Select Sector | 0.11% | 1,475 | $212K | Reduce -56.6% |
| SMH Vaneck Semiconductor ETF | 0.11% | 580 | $209K | New |
| FTSM First Trust Enh Short Mat FD | 0.11% | 3,477 | $208K | Reduce -4.4% |
| JPST JPMorgan Ultra-Short Income | 0.11% | 4,117 | $208K | Reduce -4.7% |
Portfolio Sells Q3 2025 → Q4 2025
| NUGT Dirxn DLY GM Indx B2X ETF-Ui | Reduce -90.0% | 0.48% | −3.46 |
| USD Proshares Ultra Semiconduct | Reduce -56.5% | 2.67% | −2.96 |
| UWM Proshares Ultra RUSSELL2000 | Sold out | 0.00% | −2.57 |
| XPP Proshares Ultra Ftse CHINA50 | Sold out | 0.00% | −1.96 |
| MAGX Rdhill Daily 2X LM Seven ETF | Sold out | 0.00% | −1.91 |
| TARK Tradr 2X Long Innovation ETF | Reduce -55.4% | 0.59% | −1.58 |
| UFO Procure Space ETF | Sold out | 0.00% | −1.34 |
| UBT Proshares Ultra 20+ Year TSY | Sold out | 0.00% | −1.19 |
| BOXX Alpha Architect 1-3 MNTH Box | Reduce -14.9% | 8.44% | −1.10 |
| AVL Direx Dai Av Bull 2X ETF-Usd | Sold out | 0.00% | −1.08 |
| AAPU Direxion Daily Aapl Bull 2X | Sold out | 0.00% | −1.01 |
| SH Proshares Short S&P500 | Sold out | 0.00% | −0.93 |
| GSIB Themes GLBL SYST Imprt BNKS | Reduce -89.1% | 0.12% | −0.83 |
| FNGO Microsectors Fang Index 2X L | Sold out | 0.00% | −0.75 |
| DAPP Vaneck Digital Transformatio | Sold out | 0.00% | −0.72 |
| TSMX Dirxn DLY TSM Bull 2X ETF-Ui | Sold out | 0.00% | −0.51 |
| NVDL Granitesh 2X LNG Nvda ETF | Reduce -46.2% | 0.51% | −0.47 |
| WGMI CS BTC Min Dig PWR ETF | Sold out | 0.00% | −0.46 |
| URA Global X Uranium ETF | Sold out | 0.00% | −0.44 |
| EUFN iShares MSCI Europe Financia | Sold out | 0.00% | −0.43 |
| PROSHARES ULTRA XRP ETF | Sold out | 0.00% | −0.35 |
| CWB SS SPDR BB Conv Sec ETF | Sold out | 0.00% | −0.29 |
| LISTED FDS TR | Sold out | 0.00% | −0.29 |
| MSFT Microsoft Corp. | Reduce -9.2% | 1.01% | −0.15 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −0.15 |
| XLK SS Technology Select Sector | Reduce -56.6% | 0.11% | −0.13 |
| MAGS Roundhill Magnificent Seven | Sold out | 0.00% | −0.12 |
| SGOL Abrdn Physical Gold Shares | Reduce -56.1% | 0.12% | −0.12 |
| FNGS Microsectors Fang+ Etns | Sold out | 0.00% | −0.11 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -4.3% | 0.34% | −0.01 |
| JPST JPMorgan Ultra-Short Income | Reduce -4.7% | 0.11% | −0.00 |
| FTSM First Trust Enh Short Mat FD | Reduce -4.4% | 0.11% | −0.00 |
| FLRT Pacer Aristotle Pacific Floa | Reduce -0.8% | 0.28% | +0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| SSO Proshares Ultra S&P500 | Add +196.8% | 16.41% | +11.20 |
| SLV iShares Silver Trust | New | 3.65% | +3.65 |
| ADPV Adaptiv Select ETF | Add +2.8% | 52.51% | +3.28 |
| SILJ Amplify Junior Silver Miners | New | 2.44% | +2.44 |
| SBIT Proshares Ultrashort Bitcoin | New | 2.24% | +2.24 |
| JNUG Dirx DLY Junr Gmi B2X ETF-Ui | Add +15.4% | 2.86% | +0.96 |
| ROKT SS SPDR S&P Kensho FF ETF | New | 0.57% | +0.57 |
| COPJ Sprott Jr Copper Miners ETF | New | 0.57% | +0.57 |
| SLX Vaneck Steel ETF | New | 0.52% | +0.52 |
| TBT Proshares Ultrashort 20+Y TR | New | 0.50% | +0.50 |
| MUU Direxion Daily Mu Bull 2X Et | New | 0.46% | +0.46 |
| LLY Eli Lilly & Co. | Add +0.1% | 1.28% | +0.40 |
| LEMB iShares JP Morgan Em Local C | Add +92.4% | 0.57% | +0.29 |
| AUMI Themes Gold Miners ETF | New | 0.12% | +0.12 |
| GDX Vaneck Gold Miners ETF | New | 0.11% | +0.11 |
| SMH Vaneck Semiconductor ETF | New | 0.11% | +0.11 |
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 |