Hanseatic Management Services Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 15, 2025), Hanseatic Management Services Inc. reported 117 stock positions worth $78.8 million. Its top holding was iShares Ultra Short Duration (ICSH) at 12.2% of the portfolio, followed by iShares Flex I A ETF-Usd (BINC, 5.8%) and Invesco Nasdaq 100 ETF (QQQM, 4.9%). Compared with Q3 2024, it opened 30 new positions, sold out of 26, added to 36 and reduced 29. The biggest buy was a new position in iShares Flex I A ETF-Usd (BINC) and the biggest sale an exit from Eli Lilly (LLY).

Most Recent 13F
Q2 2026
Location
ALBUQUERQUE, NM
CIK
0001128074
Portfolio Value
$78.8M (Q4 2024)
SEC Filing
0001128074-25-000001 ↗ filed Jan 15, 2025

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 Q3 2024 Q4 2024: $78.8M $78.8M Q4 2024 Q1 2026: $104.5M Q1 2026 Q2 2026: $135.9M Q2 2026

Holdings 117 stocks · $78.8M
ICSH iShares Ultra Short Duration 12.19% 190,364 $9.6M Add +8.1%
BINC iShares Flex I A ETF-Usd Inc. 5.83% 88,255 $4.6M New
QQQM Invesco Nasdaq 100 ETF 4.87% 18,235 $3.8M Reduce -0.4%
SCHX Schwab US Large-Cap ETF 4.52% 153,609 $3.6M Reduce -2.5%
VRT Vertiv Holdings Co. Class A 2.94% 20,391 $2.3M Add +0.3%
NVDA Nvidia Corp. 2.54% 14,874 $2.0M Add +1.3%
SMH Vaneck Semiconductor ETF 2.24% 7,273 $1.8M Reduce -2.3%
SCHA Schwab US Small-Cap ETF 2.21% 67,228 $1.7M Reduce -2.5%
IGV iShares Expanded Tech-Softwa 2.17% 17,068 $1.7M Reduce -3.0%
XLU St Sr Utl SL SE SPDR ETF-Usd 2.11% 21,910 $1.7M Reduce -2.4%
ANF Abercrombie & Fitch Co. Class A 2.08% 10,976 $1.6M Reduce -1.5%
GSEW Goldman Sachs Eql WGHT Large 2.07% 21,153 $1.6M Reduce -7.0%
META Meta Platforms Inc. Class A 2.05% 2,759 $1.6M Add +0.8%
RDNT Radnet Inc. 1.85% 20,894 $1.5M Add +0.2%
XLP SS Consumer Staples Sel Sect 1.82% 18,243 $1.4M Reduce -1.7%
KKR KKR & Co. Inc. 1.65% 8,768 $1.3M Add +1.2%
PRIM Primoris Services Corp. 1.64% 16,917 $1.3M Add +0.3%
IBKR Interactive Brokers Gro Class A 1.64% 7,313 $1.3M Add +1.3%
CRDO Credo Technology Group Holdi 1.58% 18,519 $1.2M Reduce -1.4%
SKYW Skywest Inc. 1.55% 12,172 $1.2M Reduce -2.2%
TSLA Tesla Inc. 1.54% 3,006 $1.2M New
EME Emcor Group Inc. 1.51% 2,627 $1.2M Reduce -2.3%
LITE Lumentum Holdings Inc. 1.48% 13,882 $1.2M New
SOFI Sofi Technologies Inc. 1.42% 72,453 $1.1M New
SFM Sprouts Farmers Market Inc. 1.39% 8,641 $1.1M Add +828.1%
GE General Electric filed as GE AEROSPACE 1.39% 6,540 $1.1M Add +1.1%
VIRT Virtu Financial Inc. Class A 1.37% 30,132 $1.1M Add +1.3%
TWLO Twilio Inc. Class A 1.33% 9,656 $1.0M New
STIP iShares 0-5 Year Tips Bond E 1.30% 10,200 $1.0M Reduce -7.0%
SPTI SS SPDR P Int Term TSY ETF 1.26% 35,457 $989K Reduce -6.9%
CRS Carpenter Technology 1.25% 5,799 $984K Add +0.3%
AAPL Apple Inc. 1.20% 3,775 $945K Add +1.3%
GDDY GoDaddy Inc. Class A 1.19% 4,762 $940K Reduce -0.7%
TDAY USA Today Co. Inc. filed as GANNETT CO INC 1.15% 179,418 $908K Add +0.3%
NFLX Netflix Inc. 1.13% 994 $886K Reduce -0.6%
SMTC Semtech Corp. 1.11% 14,085 $871K Reduce -2.2%
ITRI Itron Inc. 1.04% 7,547 $819K Add +0.3%
MMM 3M Co. 1.02% 6,243 $806K Add +0.3%
SITM Sitime Corp. 0.89% 3,274 $702K New
HBI Hanesbrands Inc. 0.88% 84,887 $691K New
MD Pediatrix Medical Group Inc. 0.88% 52,634 $691K Reduce -2.3%
DUOL Duolingo 0.87% 2,105 $683K New
VFC VF Corp. 0.86% 31,405 $674K Reduce -2.2%
UTHR United Therapeutics Corp. 0.82% 1,836 $648K Reduce -0.5%
SNV Synovus Financial Corp. 0.78% 11,941 $612K Reduce -2.2%
TRUP Trupanion Inc. 0.77% 12,517 $603K Reduce -2.3%
TEAM Atlassian Corp. Class A 0.77% 2,478 $603K New
ASTS Ast Spacemobile Inc. 0.71% 26,390 $557K Reduce -2.3%
FITB Fifth Third Bancorp 0.70% 13,084 $553K Reduce -2.2%
WSM Williams-Sonoma Inc. 0.67% 2,837 $525K Add +7.6%
YOU Clear Secure Inc. Class A 0.57% 16,751 $446K New
LEU Centrus Energy Corp. Class A 0.54% 6,337 $422K New
GLW Corning Inc. 0.52% 8,658 $411K Add +7.4%
CDNA Caredx Inc. 0.47% 17,277 $370K Reduce -30.9%
TQQQ Proshares Ultrapro QQQ 0.47% 4,656 $368K Add +2.9%
COHR Coherent Corp. 0.45% 3,713 $352K New
FNF Fidelity National Financial 0.32% 4,431 $249K Add +6.2%
POWL Powell Industries Inc. 0.31% 1,118 $248K New
VRNS Varonis Systems Inc. 0.30% 5,296 $235K Reduce -68.4%
MSFT Microsoft Corp. 0.27% 508 $214K Reduce -81.3%
SPOT Spotify Technology SA 0.25% 432 $193K Add +11.9%
NTRA Natera Inc. 0.20% 998 $158K Add +12.0%
NEE Nextera Energy Inc. 0.19% 2,044 $147K Add +0.7%
UI Ubiquiti Inc. 0.16% 384 $127K Add +11.9%
RCL Royal Caribbean Cruises Ltd. 0.16% 550 $127K Add +12.0%
AVGO Broadcom Inc. 0.15% 504 $117K Add +12.0%
NRG NRG Energy Inc. 0.14% 1,244 $112K Add +12.0%
CVNA Carvana Co. 0.14% 545 $111K Reduce -46.6%
MRVL Marvell Technology Inc. 0.14% 1,001 $111K New
AFRM Affirm Holdings Inc. 0.14% 1,797 $109K Add +12.1%
DOCU Docusign Inc. 0.13% 1,130 $102K New
UAL United Airlines Holdings Inc. 0.13% 1,031 $100K New
LPX Louisiana-Pacific Corp. 0.12% 935 $97K Add +12.0%
FICO Fair Isaac Corp. 0.12% 47 $94K New
GWRE Guidewire Software Inc. 0.12% 539 $91K Add +12.1%
WMT Walmart Inc. 0.11% 1,001 $90K Add +12.0%
ADSK Autodesk Inc. 0.11% 295 $87K New
APH Amphenol Corp. Class A 0.11% 1,249 $87K Reduce -90.5%
BURL Burlington Stores Inc. 0.11% 295 $84K Add +11.7%
VMI Valmont Industries 0.10% 253 $78K Add +11.9%
INCY Incyte Corp. 0.10% 1,110 $77K New
VTR Ventas Inc. 0.10% 1,298 $76K Add +12.0%
BWXT BWX Technologies Inc. 0.10% 685 $76K New
VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC 0.09% 13,885 $72K Add +11.9%
SCHG Schwab US Large-Cap Growth 0.06% 1,775 $49K Add +1.8%
FIX Comfort Systems USA Inc. 0.02% 42 $18K No change
IONQ Ionq Inc. 0.02% 418 $17K New
DAKT Daktronics Inc. 0.02% 994 $17K No change
GKOS Glaukos Corp. 0.02% 85 $13K No change
AROC Archrock Inc. 0.02% 502 $12K No change
TMHC Taylor Morrison Home Corp. 0.01% 166 $10K No change
AIT Applied Industrial Tech Inc. 0.01% 41 $10K No change
AXGN Axogen Inc. 0.01% 535 $9K No change
DVY iShares Select Dividend ETF 0.01% 67 $9K No change
CHEF The Chefs' Warehouse Inc. 0.01% 167 $8K No change
EVER Everquote Inc. Class A 0.01% 406 $8K No change
NN Nextnav Inc. 0.01% 503 $8K New
TARS Tarsus Pharmaceuticals Inc. 0.01% 139 $8K New
UNFI United Natural Foods Inc. 0.01% 265 $7K New
TPC Tutor Perini Corp. 0.01% 282 $7K No change
RVLV Revolve Group Inc. Class A 0.01% 203 $7K New
MIRM Mirum Pharmaceuticals Inc. 0.01% 158 $7K No change
LMND Lemonade Inc. 0.01% 178 $7K New
HIMS Hims & Hers Health Inc. 0.01% 265 $6K No change
HRI Herc Holdings Inc. filed as HERC HLDGS INC 0.01% 33 $6K New
CENX Century Aluminum Company 0.01% 334 $6K No change
LE Lands' End Inc. 0.01% 460 $6K No change
CRMD Cormedix Inc. 0.01% 724 $6K New
NRIX Nurix Therapeutics Inc. 0.01% 299 $6K No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.01% 52 $6K No change
VWOB Vanguard Emerg MKTS Gov BND 0.01% 87 $5K No change
UPST Upstart Holdings Inc. 0.01% 88 $5K New
CSTL Castle Biosciences Inc. 0.01% 203 $5K No change
JNK SPDR 0.01% 56 $5K No change
MTRX Matrix Service Co. 0.01% 416 $5K No change
SMR Nuscale Power Corp. 0.01% 267 $5K New
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.00% 5 $1K No change

Portfolio Sells Q3 2024 → Q4 2024
LLY Eli Lilly & Co. Sold out 0.00% −1.76
MSFT Microsoft Corp. Reduce -81.3% 0.27% −1.39
NEM Newmont Corp. Sold out 0.00% −1.23
CRUS Cirrus Logic Inc. Sold out 0.00% −1.22
GOOG Alphabet Inc. Class C Sold out 0.00% −1.18
APH Amphenol Corp. Class A Reduce -90.5% 0.11% −1.11
VRNS Varonis Systems Inc. Reduce -68.4% 0.30% −1.04
LDOS Leidos Holdings Inc. Sold out 0.00% −0.90
KLAC KLA Corp. Sold out 0.00% −0.88
TNDM Tandem Diabetes Care Inc. Sold out 0.00% −0.84
HALO Halozyme Therapeutics Inc. Sold out 0.00% −0.82
IMMR Immersion Corporation Sold out 0.00% −0.69
CDNA Caredx Inc. Reduce -30.9% 0.47% −0.64
SCHX Schwab US Large-Cap ETF Reduce -2.5% 4.52% −0.53
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -2.4% 2.11% −0.47
GSEW Goldman Sachs Eql WGHT Large Reduce -7.0% 2.07% −0.42
DYN Dyne Therapeutics Inc. Sold out 0.00% −0.37
XLP SS Consumer Staples Sel Sect Reduce -1.7% 1.82% −0.36
SMH Vaneck Semiconductor ETF Reduce -2.3% 2.24% −0.35
QQQM Invesco Nasdaq 100 ETF Reduce -0.4% 4.87% −0.34
LMT Lockheed Martin Corp. Sold out 0.00% −0.34
SPTI SS SPDR P Int Term TSY ETF Reduce -6.9% 1.26% −0.31
SCHA Schwab US Small-Cap ETF Reduce -2.5% 2.21% −0.31
ASTS Ast Spacemobile Inc. Reduce -2.3% 0.71% −0.29
STIP iShares 0-5 Year Tips Bond E Reduce -7.0% 1.30% −0.27
UBER Uber Technologies Inc. Sold out 0.00% −0.13
EME Emcor Group Inc. Reduce -2.3% 1.51% −0.13
ANF Abercrombie & Fitch Co. Class A Reduce -1.5% 2.08% −0.13
UTHR United Therapeutics Corp. Reduce -0.5% 0.82% −0.12
CVNA Carvana Co. Reduce -46.6% 0.14% −0.11
FITB Fifth Third Bancorp Reduce -2.2% 0.70% −0.11
WDC Western Digital Corp. Sold out 0.00% −0.11
QCOM Qualcomm Inc. Sold out 0.00% −0.09
BLD Topbuild Corp. Sold out 0.00% −0.09
IGV iShares Expanded Tech-Softwa Reduce -3.0% 2.17% −0.06
VFC VF Corp. Reduce -2.2% 0.86% −0.05
GRBK Green Brick Partners Inc. Sold out 0.00% −0.02
PI Impinj Inc. Sold out 0.00% −0.02
KBH KB Home Sold out 0.00% −0.01
BCO The Brink's Co. Sold out 0.00% −0.01
AEO American Eagle Outfitters Sold out 0.00% −0.01
RDN Radian Group Inc. Sold out 0.00% −0.01
TMDX Transmedics Group Inc. Sold out 0.00% −0.01
OSIS Osi Systems Inc. Sold out 0.00% −0.01
CMPR Cimpress PLC Sold out 0.00% −0.01
LOB Live Oak Bancshares Inc. Sold out 0.00% −0.01
MD Pediatrix Medical Group Inc. Reduce -2.3% 0.88% −0.01
NNBR NN Inc. Sold out 0.00% −0.01
TRUP Trupanion Inc. Reduce -2.3% 0.77% +0.00
SNV Synovus Financial Corp. Reduce -2.2% 0.78% +0.01

Portfolio Buys Q3 2024 → Q4 2024
BINC iShares Flex I A ETF-Usd Inc. New 5.83% +5.83
TSLA Tesla Inc. New 1.54% +1.54
LITE Lumentum Holdings Inc. New 1.48% +1.48
SOFI Sofi Technologies Inc. New 1.42% +1.42
TWLO Twilio Inc. Class A New 1.33% +1.33
SFM Sprouts Farmers Market Inc. Add +828.1% 1.39% +1.25
SITM Sitime Corp. New 0.89% +0.89
HBI Hanesbrands Inc. New 0.88% +0.88
DUOL Duolingo New 0.87% +0.87
TEAM Atlassian Corp. Class A New 0.77% +0.77
YOU Clear Secure Inc. Class A New 0.57% +0.57
LEU Centrus Energy Corp. Class A New 0.54% +0.54
COHR Coherent Corp. New 0.45% +0.45
POWL Powell Industries Inc. New 0.31% +0.31
PRIM Primoris Services Corp. Add +0.3% 1.64% +0.25
IBKR Interactive Brokers Gro Class A Add +1.3% 1.64% +0.21
MRVL Marvell Technology Inc. New 0.14% +0.14
DOCU Docusign Inc. New 0.13% +0.13
UAL United Airlines Holdings Inc. New 0.13% +0.13
FICO Fair Isaac Corp. New 0.12% +0.12
ADSK Autodesk Inc. New 0.11% +0.11
INCY Incyte Corp. New 0.10% +0.10
BWXT BWX Technologies Inc. New 0.10% +0.10
WSM Williams-Sonoma Inc. Add +7.6% 0.67% +0.09
VIRT Virtu Financial Inc. Class A Add +1.3% 1.37% +0.08
VRT Vertiv Holdings Co. Class A Add +0.3% 2.94% +0.07
UI Ubiquiti Inc. Add +11.9% 0.16% +0.05
AFRM Affirm Holdings Inc. Add +12.1% 0.14% +0.05
SPOT Spotify Technology SA Add +11.9% 0.25% +0.04
KKR KKR & Co. Inc. Add +1.2% 1.65% +0.04
NTRA Natera Inc. Add +12.0% 0.20% +0.04
AVGO Broadcom Inc. Add +12.0% 0.15% +0.04
RCL Royal Caribbean Cruises Ltd. Add +12.0% 0.16% +0.04
IONQ Ionq Inc. New 0.02% +0.02
WMT Walmart Inc. Add +12.0% 0.11% +0.01
NN Nextnav Inc. New 0.01% +0.01
TARS Tarsus Pharmaceuticals Inc. New 0.01% +0.01
UNFI United Natural Foods Inc. New 0.01% +0.01
RVLV Revolve Group Inc. Class A New 0.01% +0.01
LMND Lemonade Inc. New 0.01% +0.01
BURL Burlington Stores Inc. Add +11.7% 0.11% +0.01
HRI Herc Holdings Inc. New 0.01% +0.01
CRMD Cormedix Inc. New 0.01% +0.01
NVDA Nvidia Corp. Add +1.3% 2.54% +0.01
UPST Upstart Holdings Inc. New 0.01% +0.01
GLW Corning Inc. Add +7.4% 0.52% +0.01
SMR Nuscale Power Corp. New 0.01% +0.01
VMI Valmont Industries Add +11.9% 0.10% +0.01
TQQQ Proshares Ultrapro QQQ Add +2.9% 0.47% +0.00
NRG NRG Energy Inc. Add +12.0% 0.14% −0.00

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