Hanseatic Management Services Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 31, 2024), Hanseatic Management Services Inc. reported 113 stock positions worth $70.5 million. Its top holding was iShares Ultra Short Duration (ICSH) at 12.7% of the portfolio, followed by Invesco Nasdaq 100 ETF (QQQM, 5.2%) and Schwab US Large-Cap ETF (SCHX, 5.0%). Compared with Q2 2024, it opened 29 new positions, sold out of 30, added to 45 and reduced 11. The biggest buy was a new position in Goldman Sachs Eql WGHT Large (GSEW) and the biggest sale iShares Ultra Short Duration (ICSH, shares −18%).

Most Recent 13F
Q2 2026
Location
ALBUQUERQUE, NM
CIK
0001128074
Portfolio Value
$70.5M (Q3 2024)
SEC Filing
0001128074-24-000004 ↗ filed Oct 31, 2024

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $66.0M Q1 2024 Q2 2024: $66.6M Q2 2024 Q3 2024: $70.5M $70.5M Q3 2024 Q4 2024: $78.8M Q4 2024 Q1 2026: $104.5M Q1 2026 Q2 2026: $135.9M Q2 2026

Holdings 113 stocks · $70.5M
ICSH iShares Ultra Short Duration 12.67% 176,129 $8.9M Reduce -18.0%
QQQM Invesco Nasdaq 100 ETF 5.21% 18,308 $3.7M Add +3.5%
SCHX Schwab US Large-Cap ETF 5.05% 52,488 $3.6M Reduce -5.4%
VRT Vertiv Holdings Co. Class A 2.87% 20,331 $2.0M Add +4.8%
SMH Vaneck Semiconductor ETF 2.59% 7,446 $1.8M Add +3.1%
XLU St Sr Utl SL SE SPDR ETF-Usd 2.57% 22,448 $1.8M Reduce -6.6%
NVDA Nvidia Corp. 2.53% 14,690 $1.8M Reduce -30.1%
SCHA Schwab US Small-Cap ETF 2.52% 34,470 $1.8M Reduce -5.4%
GSEW Goldman Sachs Eql WGHT Large 2.50% 22,742 $1.8M New
IGV iShares Expanded Tech-Softwa 2.23% 17,597 $1.6M Reduce -57.4%
META Meta Platforms Inc. Class A 2.22% 2,738 $1.6M Add +5.2%
ANF Abercrombie & Fitch Co. Class A 2.21% 11,139 $1.6M Add +3.4%
XLP SS Consumer Staples Sel Sect 2.18% 18,562 $1.5M Reduce -6.1%
RDNT Radnet Inc. 2.05% 20,851 $1.4M Add +4.4%
LLY Eli Lilly & Co. 1.76% 1,400 $1.2M Add +6.0%
GE General Electric filed as GE AEROSPACE 1.73% 6,471 $1.2M Add +5.4%
MSFT Microsoft Corp. 1.66% 2,723 $1.2M Add +4.7%
EME Emcor Group Inc. 1.64% 2,688 $1.2M Add +2.8%
KKR KKR & Co. Inc. 1.60% 8,661 $1.1M Add +5.7%
STIP iShares 0-5 Year Tips Bond E 1.58% 10,965 $1.1M New
SPTI SS SPDR P Int Term TSY ETF 1.57% 38,088 $1.1M New
SKYW Skywest Inc. 1.50% 12,443 $1.1M Add +2.6%
IBKR Interactive Brokers Gro Class A 1.43% 7,216 $1.0M Add +5.7%
TDAY USA Today Co. Inc. filed as GANNETT CO INC 1.43% 178,928 $1.0M Add +9629.6%
PRIM Primoris Services Corp. 1.39% 16,874 $980K Add +4.6%
VRNS Varonis Systems Inc. 1.34% 16,742 $946K Add +4.3%
CRS Carpenter Technology 1.31% 5,781 $923K Add +10223.2%
VIRT Virtu Financial Inc. Class A 1.29% 29,761 $907K New
AAPL Apple Inc. 1.23% 3,727 $868K Add +5.8%
NEM Newmont Corp. 1.23% 16,242 $868K New
CRUS Cirrus Logic Inc. 1.22% 6,949 $863K New
APH Amphenol Corp. Class A 1.22% 13,155 $857K Add +3.3%
MMM 3M Co. 1.21% 6,222 $851K New
GOOG Alphabet Inc. Class C 1.18% 4,958 $829K Add +5.9%
ITRI Itron Inc. 1.14% 7,522 $803K Add +4.4%
CDNA Caredx Inc. 1.11% 24,998 $781K New
GDDY GoDaddy Inc. Class A 1.07% 4,793 $751K Add +4.9%
NFLX Netflix Inc. 1.01% 1,000 $709K Add +5.0%
ASTS Ast Spacemobile Inc. 1.00% 27,002 $706K New
UTHR United Therapeutics Corp. 0.94% 1,846 $662K New
SMTC Semtech Corp. 0.93% 14,406 $658K Add +3.2%
VFC VF Corp. 0.91% 32,105 $640K New
LDOS Leidos Holdings Inc. 0.90% 3,877 $632K Add +2.9%
MD Pediatrix Medical Group Inc. 0.89% 53,884 $625K New
KLAC KLA Corp. 0.88% 800 $620K Add +2.6%
TNDM Tandem Diabetes Care Inc. 0.84% 13,941 $591K Add +5.4%
HALO Halozyme Therapeutics Inc. 0.82% 10,153 $581K New
CRDO Credo Technology Group Holdi 0.82% 18,780 $578K New
FITB Fifth Third Bancorp 0.81% 13,378 $573K Add +2.9%
SNV Synovus Financial Corp. 0.77% 12,212 $543K Add +2.8%
TRUP Trupanion Inc. 0.76% 12,806 $538K New
IMMR Immersion Corporation 0.69% 54,679 $488K Add +2.6%
WSM Williams-Sonoma Inc. 0.58% 2,637 $409K Add +11.9%
GLW Corning Inc. 0.52% 8,060 $364K Add +38.5%
TQQQ Proshares Ultrapro QQQ 0.47% 4,524 $328K Add +8.0%
FNF Fidelity National Financial 0.37% 4,173 $259K Add +8.5%
DYN Dyne Therapeutics Inc. 0.37% 7,183 $258K New
LMT Lockheed Martin Corp. 0.34% 407 $238K New
CVNA Carvana Co. 0.25% 1,021 $178K Add +23.3%
NEE Nextera Energy Inc. 0.24% 2,030 $172K Add +0.6%
SPOT Spotify Technology SA 0.20% 386 $142K Add +23.3%
NTRA Natera Inc. 0.16% 891 $113K Add +23.6%
SFM Sprouts Farmers Market Inc. 0.15% 931 $103K Add +23.3%
NRG NRG Energy Inc. 0.14% 1,111 $101K Add +23.6%
UBER Uber Technologies Inc. 0.13% 1,238 $93K Add +23.3%
LPX Louisiana-Pacific Corp. 0.13% 835 $90K Add +23.3%
GWRE Guidewire Software Inc. 0.12% 481 $88K New
RCL Royal Caribbean Cruises Ltd. 0.12% 491 $87K Add +23.4%
AVGO Broadcom Inc. 0.11% 450 $78K Add +50.0%
UI Ubiquiti Inc. 0.11% 343 $76K New
VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC 0.11% 12,405 $76K New
WDC Western Digital Corp. 0.11% 1,097 $75K Reduce -89.4%
VTR Ventas Inc. 0.11% 1,159 $74K New
WMT Walmart Inc. 0.10% 894 $72K New
BURL Burlington Stores Inc. 0.10% 264 $70K New
VMI Valmont Industries 0.09% 226 $66K New
AFRM Affirm Holdings Inc. 0.09% 1,603 $65K New
QCOM Qualcomm Inc. 0.09% 380 $65K Add +23.4%
BLD Topbuild Corp. 0.09% 149 $61K Reduce -91.9%
SCHG Schwab US Large-Cap Growth 0.06% 436 $45K Reduce -0.5%
FIX Comfort Systems USA Inc. 0.02% 42 $16K No change
DAKT Daktronics Inc. 0.02% 994 $13K No change
GRBK Green Brick Partners Inc. 0.02% 153 $13K No change
PI Impinj Inc. 0.02% 58 $13K No change
TMHC Taylor Morrison Home Corp. 0.02% 166 $12K No change
GKOS Glaukos Corp. 0.02% 85 $11K No change
KBH KB Home 0.01% 119 $10K No change
AROC Archrock Inc. 0.01% 502 $10K No change
AIT Applied Industrial Tech Inc. 0.01% 41 $9K No change
DVY iShares Select Dividend ETF 0.01% 67 $9K No change
EVER Everquote Inc. Class A 0.01% 406 $9K No change
LE Lands' End Inc. 0.01% 460 $8K No change
TPC Tutor Perini Corp. 0.01% 282 $8K No change
BCO The Brink's Co. 0.01% 66 $8K No change
AXGN Axogen Inc. 0.01% 535 $8K New
RDN Radian Group Inc. 0.01% 214 $7K No change
AEO American Eagle Outfitters 0.01% 331 $7K No change
TMDX Transmedics Group Inc. 0.01% 45 $7K No change
CHEF The Chefs' Warehouse Inc. 0.01% 167 $7K No change
NRIX Nurix Therapeutics Inc. 0.01% 299 $7K New
OSIS Osi Systems Inc. 0.01% 44 $7K No change
CMPR Cimpress PLC 0.01% 81 $7K No change
LOB Live Oak Bancshares Inc. 0.01% 133 $6K No change
MIRM Mirum Pharmaceuticals Inc. 0.01% 158 $6K New
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.01% 52 $6K No change
CSTL Castle Biosciences Inc. 0.01% 203 $6K New
VWOB Vanguard Emerg MKTS Gov BND 0.01% 87 $6K No change
NNBR NN Inc. 0.01% 1,449 $6K No change
JNK SPDR 0.01% 56 $5K No change
CENX Century Aluminum Company 0.01% 334 $5K No change
HIMS Hims & Hers Health Inc. 0.01% 265 $5K No change
MTRX Matrix Service Co. 0.01% 416 $5K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.00% 5 $1K Reduce -73.7%

Portfolio Sells Q2 2024 → Q3 2024
ICSH iShares Ultra Short Duration Reduce -18.0% 12.67% −3.62
IGV iShares Expanded Tech-Softwa Reduce -57.4% 2.23% −3.15
ELF Elf Beauty Inc. Sold out 0.00% −1.43
NVDA Nvidia Corp. Reduce -30.1% 2.53% −1.37
BRBR Bellring Brands Inc. Sold out 0.00% −1.24
P Everpure Inc. Class A Sold out 0.00% −1.21
NSIT Insight Enterprises Inc. Sold out 0.00% −1.15
CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −1.09
WDC Western Digital Corp. Reduce -89.4% 0.11% −1.07
PHM Pultegroup Inc. Sold out 0.00% −1.06
NTNX Nutanix Inc. Class A Sold out 0.00% −1.05
AMZN Amazon.com Inc. Sold out 0.00% −1.04
BLD Topbuild Corp. Reduce -91.9% 0.09% −0.98
TER Teradyne Inc. Sold out 0.00% −0.94
KALU Kaiser Aluminum Corp. Sold out 0.00% −0.73
DELL Dell Technologies -C Sold out 0.00% −0.65
APO Apollo Global Management Inc. Sold out 0.00% −0.42
HCC Warrior Met Coal Inc. Sold out 0.00% −0.32
APG Api Group Corp. Sold out 0.00% −0.32
SCHX Schwab US Large-Cap ETF Reduce -5.4% 5.05% −0.30
MHO M/I Homes Inc. Sold out 0.00% −0.27
CUBI Customers Bancorp Inc. Sold out 0.00% −0.25
PVH PVH Corp. Sold out 0.00% −0.25
XPO Xpo Inc. Sold out 0.00% −0.09
AMAT Applied Materials Inc. Sold out 0.00% −0.09
DECK Deckers Outdoor Corp. Sold out 0.00% −0.09
ENTG Entegris Inc. Sold out 0.00% −0.09
XLP SS Consumer Staples Sel Sect Reduce -6.1% 2.18% −0.09
SCCO Southern Copper Corp. Sold out 0.00% −0.08
FCX Freeport-McMoran Inc. Sold out 0.00% −0.08
SCHA Schwab US Small-Cap ETF Reduce -5.4% 2.52% −0.08
MRNA Moderna Inc. Sold out 0.00% −0.07
INTC Intel Corp. Sold out 0.00% −0.02
AMKR Amkor Technology Inc. Sold out 0.00% −0.01
TNK Teekay Tankers Ltd. Class A Sold out 0.00% −0.01
BCC Boise Cascade Co. Sold out 0.00% −0.01
JYNT The Joint Corp. Sold out 0.00% −0.01
ICHR Ichor Holdings Ltd. Sold out 0.00% −0.01
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -73.7% 0.00% −0.01
SCHG Schwab US Large-Cap Growth Reduce -0.5% 0.06% −0.00
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -6.6% 2.57% +0.11

Portfolio Buys Q2 2024 → Q3 2024
GSEW Goldman Sachs Eql WGHT Large New 2.50% +2.50
STIP iShares 0-5 Year Tips Bond E New 1.58% +1.58
SPTI SS SPDR P Int Term TSY ETF New 1.57% +1.57
TDAY USA Today Co. Inc. Add +9629.6% 1.43% +1.41
CRS Carpenter Technology Add +10223.2% 1.31% +1.30
VIRT Virtu Financial Inc. Class A New 1.29% +1.29
NEM Newmont Corp. New 1.23% +1.23
CRUS Cirrus Logic Inc. New 1.22% +1.22
MMM 3M Co. New 1.21% +1.21
CDNA Caredx Inc. New 1.11% +1.11
ASTS Ast Spacemobile Inc. New 1.00% +1.00
UTHR United Therapeutics Corp. New 0.94% +0.94
VFC VF Corp. New 0.91% +0.91
MD Pediatrix Medical Group Inc. New 0.89% +0.89
HALO Halozyme Therapeutics Inc. New 0.82% +0.82
CRDO Credo Technology Group Holdi New 0.82% +0.82
TRUP Trupanion Inc. New 0.76% +0.76
DYN Dyne Therapeutics Inc. New 0.37% +0.37
VRT Vertiv Holdings Co. Class A Add +4.8% 2.87% +0.35
LMT Lockheed Martin Corp. New 0.34% +0.34
KKR KKR & Co. Inc. Add +5.7% 1.60% +0.31
SMTC Semtech Corp. Add +3.2% 0.93% +0.31
RDNT Radnet Inc. Add +4.4% 2.05% +0.29
GE General Electric Add +5.4% 1.73% +0.27
META Meta Platforms Inc. Class A Add +5.2% 2.22% +0.25
EME Emcor Group Inc. Add +2.8% 1.64% +0.21
VRNS Varonis Systems Inc. Add +4.3% 1.34% +0.19
PRIM Primoris Services Corp. Add +4.6% 1.39% +0.18
GLW Corning Inc. Add +38.5% 0.52% +0.18
IBKR Interactive Brokers Gro Class A Add +5.7% 1.43% +0.17
GWRE Guidewire Software Inc. New 0.12% +0.12
AAPL Apple Inc. Add +5.8% 1.23% +0.12
UI Ubiquiti Inc. New 0.11% +0.11
VISN Vistance Networks Inc. New 0.11% +0.11
GDDY GoDaddy Inc. Class A Add +4.9% 1.07% +0.11
VTR Ventas Inc. New 0.11% +0.11
WMT Walmart Inc. New 0.10% +0.10
FITB Fifth Third Bancorp Add +2.9% 0.81% +0.10
BURL Burlington Stores Inc. New 0.10% +0.10
VMI Valmont Industries New 0.09% +0.09
AFRM Affirm Holdings Inc. New 0.09% +0.09
CVNA Carvana Co. Add +23.3% 0.25% +0.09
FNF Fidelity National Financial Add +8.5% 0.37% +0.08
WSM Williams-Sonoma Inc. Add +11.9% 0.58% +0.08
LDOS Leidos Holdings Inc. Add +2.9% 0.90% +0.07
ITRI Itron Inc. Add +4.4% 1.14% +0.07
SPOT Spotify Technology SA Add +23.3% 0.20% +0.05
SNV Synovus Financial Corp. Add +2.8% 0.77% +0.05
SFM Sprouts Farmers Market Inc. Add +23.3% 0.15% +0.05
LPX Louisiana-Pacific Corp. Add +23.3% 0.13% +0.04

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 83$135.9MICSH, SCHX, COHR, SMH, GLW
Q1 2026 80$104.5MICSH, SCHX, LITE, QQQM, XLU
Q4 2024 117$78.8MICSH, BINC, QQQM, SCHX, VRT
Q3 2024 113$70.5MICSH, QQQM, SCHX, VRT, SMH
Q2 2024 114$66.6MICSH, IGV, SCHX, QQQM, NVDA
Q1 2024 113$66.0MICSH, SCHX, QQQM, IGV, NVDA