Innealta Capital, LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 4, 2026), Innealta Capital, LLC reported 91 stock positions worth $187.4 million. Its top holding was SS Comm Select Sector SPDR (XLC) at 8.5% of the portfolio, followed by SS Technology Select Sector (XLK, 7.2%) and SS Industrial Select Sector (XLI, 5.6%). Compared with Q1 2026, it opened 27 new positions, sold out of 11, added to 16 and reduced 9. The biggest buy was a new position in SS SPDR BB 1-3M T-Bill ETF (BIL) and the biggest sale SS Energy Select Sector (XLE, shares −40%).

Most Recent 13F
Q2 2026
Location
AUSTIN, TX
CIK
0001752579
Portfolio Value
$187.4M (Q2 2026)
SEC Filing
0001752579-26-000006 ↗ filed Aug 4, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $236.7M Q1 2024 Q2 2024: $301.2M Q2 2024 Q3 2024: $245.1M Q3 2024 Q4 2024: $204.8M Q4 2024 Q1 2025: $182.9M Q1 2025 Q2 2025: $189.6M Q2 2025 Q3 2025: $200.1M Q3 2025 Q4 2025: $184.7M Q4 2025 Q1 2026: $161.0M Q1 2026 Q2 2026: $187.4M $187.4M Q2 2026

Holdings 91 stocks · $187.4M
XLC SS Comm Select Sector SPDR 8.47% 148,093 $15.9M No change
XLK SS Technology Select Sector 7.20% 70,838 $13.5M Reduce -25.6%
XLI SS Industrial Select Sector 5.58% 56,457 $10.5M No change
BIL SS SPDR BB 1-3M T-Bill ETF 4.82% 98,610 $9.0M New
XLF SS Financial Select Sector 4.66% 162,938 $8.7M Add +13.1%
FLJP Franklin Ftse Japan ETF 4.03% 189,978 $7.6M No change
FLTW Franklin Ftse Taiwan ETF 3.66% 64,965 $6.9M Add +17.4%
VTI VG Morningstar TS MKT ETF-US 2.83% 14,344 $5.3M Add +1.2%
JBND JPMorgan Active Bond ETF 2.71% 94,973 $5.1M Add +3.9%
EWY iShares MSCI South Korea ETF 2.59% 24,034 $4.9M Add +25.0%
XLU St Sr Utl SL SE SPDR ETF-Usd 2.57% 106,372 $4.8M No change
XLY SS Consumer Disc Select Sect 2.54% 40,524 $4.8M No change
XLV SS Health Care Select Sector 2.34% 27,675 $4.4M No change
VEA Vanguard Ftse Developed ETF 2.33% 61,347 $4.4M Add +0.4%
XAR SS SPDR S&P Aerospace Def 2.31% 15,234 $4.3M No change
XLE SS Energy Select Sector 2.15% 75,787 $4.0M Reduce -40.3%
FLCA Franklin Ftse Canada ETF 2.05% 74,760 $3.8M No change
FLGB Franklin Ftse United Kingdom 1.91% 101,402 $3.6M No change
VT Vanguard Tot World STK ETF 1.67% 19,879 $3.1M No change
XLP SS Consumer Staples Sel Sect 1.49% 33,518 $2.8M No change
FLGR Franklin Ftse Germany ETF 1.46% 84,886 $2.7M No change
SPYV SS SPDR P S&P 500 Value ETF 1.45% 44,798 $2.7M No change
IWM iShares Russell 2000 ETF 1.44% 9,002 $2.7M No change
FLCH Franklin Ftse China ETF 1.34% 122,989 $2.5M No change
EWZ iShares MSCI Brazil ETF 1.30% 70,529 $2.4M Add +51.1%
EWW iShares MSCI Mexico ETF 1.25% 31,114 $2.3M No change
EWP iShares MSCI Spain ETF 1.25% 39,315 $2.3M No change
FLKR Franklin Ftse South Korea 1.23% 35,006 $2.3M No change
IJH iShares Core S&P Midcap ETF 1.01% 24,567 $1.9M Add +0.5%
VWO Vanguard Ftse Emerging Marke 1.01% 31,633 $1.9M Add +0.3%
EZA iShares MSCI South Africa Et 1.01% 29,808 $1.9M No change
EPU iShares MSCI Peru and Global 0.97% 21,881 $1.8M Add +5.4%
FLIN Franklin Ftse India ETF 0.96% 50,486 $1.8M No change
FLSW Franklin Ftse Switzerland 0.81% 35,164 $1.5M No change
ECH iShares MSCI Chile ETF 0.78% 36,844 $1.5M Reduce -0.5%
EMXC iShares MSCI Emr MRK Ex Chna 0.70% 12,756 $1.3M Add +3.3%
EWN iShares MSCI Netherlands ETF 0.69% 18,392 $1.3M No change
IJR iShares Core S&P Small-Cap E 0.67% 8,481 $1.3M Add +3.6%
FLAU Franklin Ftse Australia ETF 0.67% 37,289 $1.3M No change
JPIB JPMorgan Intl BND ETF 0.66% 25,726 $1.2M Reduce -0.5%
EWQ iShares MSCI France ETF 0.64% 26,393 $1.2M No change
CSTNL iShares Core S&P 500 filed as BLACKROCK, INC. 0.63% 1,444 $1.2M New
GLD SPDR Gold Shares 0.61% 3,088 $1.1M Reduce -2.9%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.58% 9,889 $1.1M Reduce -1.2%
BOXX Alpha Architect 1-3 MNTH Box 0.53% 8,461 $991K Add +17.6%
BND Vanguard Total Bond Market 0.47% 12,092 $888K Reduce -1.1%
EWH iShares MSCI Hong Kong ETF 0.45% 40,610 $850K No change
EWU iShares MSCI United Kingdom 0.44% 17,889 $825K No change
EWD iShares MSCI Sweden ETF 0.38% 14,078 $704K No change
ISVAF iShares Nasdaq 100 Usd Acc 0.35% 377 $652K New
EWI iShares MSCI Italy ETF 0.34% 10,644 $631K No change
EWT iShares MSCI Taiwan ETF 0.33% 5,771 $627K No change
BBCA JPMorgan Betabuilders Canada 0.33% 6,249 $621K No change
EMB iShares JP Morgan Usd Emergi 0.31% 6,037 $582K Reduce -1.6%
FLBR Franklin Ftse Brazil ETF 0.28% 24,594 $527K No change
RWO State Street SPDR Dow Jones 0.24% 9,157 $455K Add +1.0%
BHF Brighthouse Financial Inc. 0.23% 6,762 $428K New
WAL Western Alliance Bancorp 0.21% 4,706 $387K New
ISCMF Ish Divers Commod Swap ETF 0.20% 40,447 $368K New
CRGY Crescent Energy Inc. Class A 0.20% 37,371 $367K Add +263.0%
COKE Coca-Cola Consolidated Inc. 0.19% 1,873 $358K No change
ISAPF iShares Core Em Imi Acc 0.19% 6,411 $357K New
EDEN iShares MSCI Denmark ETF 0.18% 3,009 $332K Reduce -14.9%
ISVUF iShares Edge MSCI USA Value 0.17% 16,861 $323K New
LNC Lincoln National Corp. 0.17% 8,906 $315K New
EWA iShares MSCI Australia ETF 0.17% 11,158 $314K No change
VOO Vanguard S&P 500 ETF 0.15% 414 $284K Add +15.0%
DVA Davita Inc. 0.15% 1,261 $281K New
VMI Valmont Industries 0.15% 476 $275K New
RRX Regal Rexnord Corp. 0.14% 1,132 $270K No change
BFH Bread Financial Holdings Inc. 0.14% 2,379 $258K New
ISHVF iShares US Agg BND Usd Acc 0.14% 44,250 $255K New
FXI iShares China Large-Cap ETF 0.13% 7,610 $240K No change
BLKXF Ishare MSCI USA SCR Ucits-Ua 0.12% 14,801 $231K New
DDS Dillards Inc. Class A 0.12% 423 $224K No change
NEU Newmarket Corp. 0.12% 280 $222K New
FHN First Horizon Corp. 0.12% 8,475 $217K New
TTC Toro Co. 0.11% 2,182 $213K New
AN Autonation Inc. 0.11% 1,115 $207K No change
LAD Lithia Motors Inc. 0.11% 703 $204K New
CCK Crown Holdings Inc. 0.11% 1,820 $204K New
SNDK Sandisk Corp. 0.11% 89 $202K New
SCI Service Corp. International 0.11% 2,646 $201K New
ALV Autoliv Inc. 0.11% 1,730 $201K New
ISJPF iShares JPM Usd Em BND Usd A filed as BLACKROCK, INC. 0.08% 21,896 $145K New
ISHYF iShares Usd HY Corp. Usd Acc 0.07% 18,224 $137K New
DXC DXC Technology Co. 0.07% 13,942 $123K New
ADT Adt Inc. 0.05% 15,822 $103K No change
ISJMF iShares JPM Usd Em CRP Usd A 0.05% 14,162 $97K New
ISGAF iShares Core GLB Agg Usd-H A 0.04% 14,381 $84K New
GTN Gray Media Inc. 0.02% 11,366 $45K No change

Portfolio Sells Q1 2026 → Q2 2026
XLE SS Energy Select Sector Reduce -40.3% 2.15% −2.68
XLK SS Technology Select Sector Reduce -25.6% 7.20% −0.66
XLRE SS Real Estate Select Sector Sold out 0.00% −0.64
GLD SPDR Gold Shares Reduce -2.9% 0.61% −0.24
EWM iShares MSCI Malaysia ETF Sold out 0.00% −0.16
THD iShares MSCI Thailand ETF Sold out 0.00% −0.15
EWS iShares MSCI Singapore ETF Sold out 0.00% −0.15
OVV Ovintiv Inc. Sold out 0.00% −0.14
APA Apa Corp. Sold out 0.00% −0.13
ECH iShares MSCI Chile ETF Reduce -0.5% 0.78% −0.13
ORI Old Republic Intl Corp. Sold out 0.00% −0.13
PARR Par Pacific Holdings Inc. Sold out 0.00% −0.13
QGEN Qiagen N.V. Sold out 0.00% −0.13
GNW Genworth Financial Inc. Sold out 0.00% −0.12
JPIB JPMorgan Intl BND ETF Reduce -0.5% 0.66% −0.10
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -1.2% 0.58% −0.10
LYFT LYFT Inc. Class A Sold out 0.00% −0.10
BND Vanguard Total Bond Market Reduce -1.1% 0.47% −0.09
EDEN iShares MSCI Denmark ETF Reduce -14.9% 0.18% −0.05
EMB iShares JP Morgan Usd Emergi Reduce -1.6% 0.31% −0.05

Portfolio Buys Q1 2026 → Q2 2026
BIL SS SPDR BB 1-3M T-Bill ETF New 4.82% +4.82
FLTW Franklin Ftse Taiwan ETF Add +17.4% 3.66% +1.32
EWY iShares MSCI South Korea ETF Add +25.0% 2.59% +1.12
CSTNL iShares Core S&P 500 New 0.63% +0.63
ISVAF iShares Nasdaq 100 Usd Acc New 0.35% +0.35
XLF SS Financial Select Sector Add +13.1% 4.66% +0.24
BHF Brighthouse Financial Inc. New 0.23% +0.23
WAL Western Alliance Bancorp New 0.21% +0.21
ISCMF Ish Divers Commod Swap ETF New 0.20% +0.20
ISAPF iShares Core Em Imi Acc New 0.19% +0.19
EWZ iShares MSCI Brazil ETF Add +51.1% 1.30% +0.19
ISVUF iShares Edge MSCI USA Value New 0.17% +0.17
LNC Lincoln National Corp. New 0.17% +0.17
DVA Davita Inc. New 0.15% +0.15
VMI Valmont Industries New 0.15% +0.15
BFH Bread Financial Holdings Inc. New 0.14% +0.14
ISHVF iShares US Agg BND Usd Acc New 0.14% +0.14
BLKXF Ishare MSCI USA SCR Ucits-Ua New 0.12% +0.12
NEU Newmarket Corp. New 0.12% +0.12
FHN First Horizon Corp. New 0.12% +0.12
TTC Toro Co. New 0.11% +0.11
CRGY Crescent Energy Inc. Class A Add +263.0% 0.20% +0.11
LAD Lithia Motors Inc. New 0.11% +0.11
CCK Crown Holdings Inc. New 0.11% +0.11
SNDK Sandisk Corp. New 0.11% +0.11
SCI Service Corp. International New 0.11% +0.11
ALV Autoliv Inc. New 0.11% +0.11
EMXC iShares MSCI Emr MRK Ex Chna Add +3.3% 0.70% +0.09
ISJPF iShares JPM Usd Em BND Usd A New 0.08% +0.08
ISHYF iShares Usd HY Corp. Usd Acc New 0.07% +0.07
DXC DXC Technology Co. New 0.07% +0.07
ISJMF iShares JPM Usd Em CRP Usd A New 0.05% +0.05
ISGAF iShares Core GLB Agg Usd-H A New 0.04% +0.04
IJR iShares Core S&P Small-Cap E Add +3.6% 0.67% +0.04
VOO Vanguard S&P 500 ETF Add +15.0% 0.15% +0.02
BOXX Alpha Architect 1-3 MNTH Box Add +17.6% 0.53% +0.01
VTI VG Morningstar TS MKT ETF-US Add +1.2% 2.83% +0.01
IJH iShares Core S&P Midcap ETF Add +0.5% 1.01% −0.01
RWO State Street SPDR Dow Jones Add +1.0% 0.24% −0.01
VWO Vanguard Ftse Emerging Marke Add +0.3% 1.01% −0.05
EPU iShares MSCI Peru and Global Add +5.4% 0.97% −0.07
VEA Vanguard Ftse Developed ETF Add +0.4% 2.33% −0.10
JBND JPMorgan Active Bond ETF Add +3.9% 2.71% −0.34

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 91$187.4MXLC, XLK, XLI, BIL, XLF
Q1 2026 75$161.0MXLC, XLK, XLI, XLE, XLF
Q4 2025 85$184.7MXLK, XLC, XLF, XLI, XLV
Q3 2025 107$200.1MXLK, XLC, XLF, XLI, XLY
Q2 2025 104$189.6MXLK, XLF, XLC, XLV, XLY
Q1 2025 112$182.9MJBND, XLF, XLK, FLJP, XLE
Q4 2024 126$204.8MXLF, JBND, JCPB, XLI, XLY
Q3 2024 151$245.1MJCPB, JBND, XLF, XLC, FLJP
Q2 2024 1,833$301.2MXLK, JCPB, VGIT, XLF, FLJP
Q1 2024 108$236.7MXLK, XLF, SPTL, XLY, FLJP