Lunt Capital Management, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Lunt Capital Management, Inc. reported 93 stock positions worth $261.5 million. Its top holding was Wisdomtree Floating Rate Tre (USFR) at 17.2% of the portfolio, followed by Pacer Lunt LRG Cap Multi-Fac (PALC, 5.2%) and First Trust Lunt US Factor (FCTR, 4.1%). Compared with Q2 2025, it opened 5 new positions, sold out of 2, added to 21 and reduced 33. The biggest buy was a new position in Vanguard 0-3M T-Bill ETF (VBIL) and the biggest sale Wisdomtree Floating Rate Tre (USFR, shares −15%).

Most Recent 13F
Q2 2026
Location
HOLLADAY, UT
CIK
0001608034
Portfolio Value
$261.5M (Q3 2025)
SEC Filing
0001608034-25-000005 ↗ filed Nov 12, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $201.5M Q1 2024 Q2 2024: $202.9M Q2 2024 Q3 2024: $213.9M Q3 2024 Q4 2024: $256.9M Q4 2024 Q1 2025: $274.8M Q1 2025 Q2 2025: $261.2M Q2 2025 Q3 2025: $261.5M $261.5M Q3 2025 Q4 2025: $267.0M Q4 2025 Q1 2026: $260.5M Q1 2026 Q2 2026: $272.6M Q2 2026

Holdings 93 stocks · $261.5M
USFR Wisdomtree Floating Rate Tre 17.18% 893,787 $44.9M Reduce -15.0%
PALC Pacer Lunt LRG Cap Multi-Fac 5.21% 263,114 $13.6M Add +0.1%
FCTR First Trust Lunt US Factor 4.14% 305,209 $10.8M Reduce -5.1%
PAMC Pacer Lunt Midcap Mult-Fact 4.04% 224,694 $10.6M Add +0.8%
BIL SS SPDR BB 1-3M T-Bill ETF 3.91% 111,462 $10.2M Reduce -16.8%
ALTL Pacer Lunt Large Cap Alterna 3.61% 222,598 $9.5M Reduce -2.9%
TFLO iShares Treasury Floating Ra 3.49% 180,207 $9.1M Reduce -13.1%
TPL Texas Pacific Land Corp. 3.30% 9,231 $8.6M No change
DUSA Davis Select US Equity ETF 2.91% 159,113 $7.6M Reduce -0.3%
LMBS First Trust Low Duration Opp 2.51% 132,039 $6.6M Reduce -1.9%
IXUS iShares Core Intl Stock ETF 2.27% 71,957 $5.9M Add +0.5%
SPAB SS SPDR P Agg Bond ETF 2.23% 225,955 $5.8M Reduce -3.0%
RSP Invesco S&P 500 Equal Weight 1.94% 26,697 $5.1M Add +16.5%
BOND PIMCO Active Bond Exchange-T 1.90% 53,194 $5.0M Reduce -2.5%
FLXR TCW Flexible Income ETF 1.83% 120,102 $4.8M Reduce -3.0%
COWZ Pacer US Cash Cows 100 ETF 1.72% 78,267 $4.5M Add +0.1%
TOTL SS Doubleline TR Tact ETF 1.72% 110,741 $4.5M Reduce -1.8%
SPYM Ste STR SPDR PT S&P 500 ETF 1.68% 56,093 $4.4M Reduce -0.6%
MOAT Vaneck Morningstar Wide Moat 1.67% 44,109 $4.4M Reduce -15.9%
IBTF iShares Ibonds Dec 2025 Term 1.59% 177,447 $4.1M Reduce -4.3%
FNDF Schwab Fndmn Intl LRG Co. ETF 1.58% 96,338 $4.1M Reduce -2.1%
DINT Davis Select International 1.51% 141,027 $3.9M Add +0.7%
IGEB iShares Investment Grade SYS 1.27% 71,961 $3.3M Reduce -4.4%
SPDW Ste STR SPDR PT DW Eu ETF 1.08% 65,848 $2.8M Reduce -0.1%
FRDM Freedom 100 Emeging MRKT ETF 1.05% 61,912 $2.7M Reduce -0.5%
BUFG FT Vest Buffered Allocation 1.05% 101,523 $2.7M Reduce -1.6%
BUFT FT Vest Buffered Allocation 1.02% 110,924 $2.7M Add +1.0%
VTI VG Morningstar TS MKT ETF-US 1.02% 8,134 $2.7M Add +78.6%
SPMO Invesco S&P 500 Momentum ETF 1.00% 21,504 $2.6M Add +101.9%
KOMP SS SPDR S&P Kensho Ne Comp 0.99% 41,407 $2.6M Reduce -1.4%
SECT Main Sector Rotation ETF 0.98% 40,849 $2.6M Reduce -2.7%
FV First Trust DW Focus 5 Fund 0.94% 39,599 $2.5M Reduce -2.2%
EQAL Invesco Russell 1000 Equal W 0.92% 46,323 $2.4M No change
RCL Royal Caribbean Cruises Ltd. 0.90% 7,310 $2.4M No change
PTLC Pacer Trendpilot US Large Ca 0.90% 42,843 $2.3M Reduce -1.3%
PHDG Invesco S&P 500 Downside Hed 0.83% 58,593 $2.2M Add +0.1%
METC Ramaco Resources Inc. Class A 0.79% 61,900 $2.1M No change
IWB iShares Russell 1000 ETF 0.73% 5,193 $1.9M Add +3.0%
SPSM SS SPDR P S&P 600 Small Cap 0.69% 39,142 $1.8M Add +42.8%
VBIL Vanguard 0-3M T-Bill ETF 0.65% 22,520 $1.7M New
DWLD Davis Select Worldwide ETF 0.65% 37,437 $1.7M No change
IWM iShares Russell 2000 ETF 0.57% 6,152 $1.5M Reduce -0.7%
XLK SS Technology Select Sector 0.48% 4,447 $1.3M Reduce -7.5%
DJUL FT Vest US Equity Deep Buffe 0.40% 22,576 $1.1M No change
GSIE Goldman Sachs Activebeta Int 0.40% 25,198 $1.0M No change
DAUG FT Vest U.S. Equity Deep Buf 0.39% 23,537 $1.0M No change
IXN iShares Global Tech ETF 0.32% 8,091 $835K Add +1.1%
SHLD Global X Defense Tech ETF 0.32% 11,847 $832K New
PIE Invesco Dorsey Wright Emergi 0.32% 33,948 $828K Reduce -9.8%
JPST JPMorgan Ultra-Short Income 0.31% 16,149 $819K No change
TRAK Repositrak Inc. 0.31% 54,072 $801K No change
TSLA Tesla Inc. 0.31% 1,796 $799K New
AAPL Apple Inc. 0.28% 2,887 $735K Add +6.0%
SPHQ Invesco S&P 500 Quality ETF 0.27% 9,803 $718K No change
ZION Zions Bancorp NA 0.27% 12,655 $716K No change
XLI SS Industrial Select Sector 0.27% 4,601 $710K Add +0.1%
XLY SS Consumer Disc Select Sect 0.27% 2,959 $709K New
GUNR NT Mstar GLBL NR ETF 0.26% 15,760 $690K Reduce -1.4%
VGT Vanguard Info Tech ETF 0.26% 915 $683K No change
DSEP FT Vest U.S. Equity Deep Buf 0.25% 15,046 $665K No change
BWZ State Street SPDR Bloomberg 0.25% 23,081 $642K Reduce -1.1%
DFEB FT Vest U.S. Equity Deep Buf 0.24% 13,765 $641K No change
IWD iShares Russell 1000 Value E 0.23% 2,994 $610K No change
FTGC First Trust Global Tactical 0.23% 23,086 $598K Reduce -0.1%
VXUS Vanguard Total Intl Stock 0.21% 7,488 $550K Add +0.4%
GDX Vaneck Gold Miners ETF 0.19% 6,471 $494K No change
RWO State Street SPDR Dow Jones 0.19% 10,595 $485K Reduce -1.6%
VLUE iShares MSCI USA Value Facto 0.16% 3,396 $425K No change
FTSM First Trust Enh Short Mat FD 0.16% 6,803 $408K Reduce -0.8%
IDMO Invesco S&P International DE 0.15% 7,393 $399K Reduce -75.7%
VOO Vanguard S&P 500 ETF 0.14% 612 $375K Add +8.5%
MTUM iShares MSCI USA Momentum Fa 0.14% 1,457 $374K No change
META Meta Platforms Inc. Class A 0.14% 500 $367K No change
FLRN SS SPDR BB Ig Float RT ETF 0.14% 11,821 $365K Add +0.2%
SHEL Shell PLC-ADR 0.14% 5,099 $365K No change
IEF iShares 7-10 Year Treasury B 0.14% 3,736 $360K No change
DJUN FT Vest US Equity Deep Buffe 0.13% 7,330 $341K No change
CLNN Clene Inc. 0.12% 52,260 $315K Add +2.5%
AVDE Avantis International Equity 0.12% 3,910 $308K No change
IMFL Invesco Int DVLP DYN Multi 0.12% 11,066 $306K No change
TRND Pacer Trendpilot Funds of FD 0.09% 7,188 $241K No change
EFNL iShares MSCI Finland ETF 0.09% 5,613 $240K No change
NORW Global X MSCI Norway ETF 0.09% 7,705 $233K No change
EWC iShares MSCI Canada ETF 0.09% 4,505 $228K No change
EWD iShares MSCI Sweden ETF 0.09% 4,723 $223K No change
EWL iShares MSCI Switzerland ETF 0.08% 4,004 $221K No change
SRVR Pacer Data & Infrastructure 0.08% 6,935 $220K No change
EWU iShares MSCI United Kingdom 0.08% 5,091 $214K No change
EWN iShares MSCI Netherlands ETF 0.08% 3,669 $213K New
EWA iShares MSCI Australia ETF 0.08% 7,640 $206K Add +0.1%
SNFCA Security Natl Finl Corp. Class A 0.06% 17,972 $156K Add +9.0%
PDBC Invesco Optimum Yield Divers 0.06% 11,442 $154K Reduce -5.3%
HCAT Health Catalyst Inc. 0.02% 17,337 $49K No change

Portfolio Sells Q2 2025 → Q3 2025
USFR Wisdomtree Floating Rate Tre Reduce -15.0% 17.18% −3.06
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -16.8% 3.91% −0.79
TFLO iShares Treasury Floating Ra Reduce -13.1% 3.49% −0.53
IDMO Invesco S&P International DE Reduce -75.7% 0.15% −0.44
XLC SS Comm Select Sector SPDR Sold out 0.00% −0.29
XLF SS Financial Select Sector Sold out 0.00% −0.26
MOAT Vaneck Morningstar Wide Moat Reduce -15.9% 1.67% −0.21
IBTF iShares Ibonds Dec 2025 Term Reduce -4.3% 1.59% −0.07
SPAB SS SPDR P Agg Bond ETF Reduce -3.0% 2.23% −0.05
IGEB iShares Investment Grade SYS Reduce -4.4% 1.27% −0.04
FLXR TCW Flexible Income ETF Reduce -3.0% 1.83% −0.04
FCTR First Trust Lunt US Factor Reduce -5.1% 4.14% −0.04
BOND PIMCO Active Bond Exchange-T Reduce -2.5% 1.90% −0.03
LMBS First Trust Low Duration Opp Reduce -1.9% 2.51% −0.02
TOTL SS Doubleline TR Tact ETF Reduce -1.8% 1.72% −0.01
BWZ State Street SPDR Bloomberg Reduce -1.1% 0.25% −0.01
PDBC Invesco Optimum Yield Divers Reduce -5.3% 0.06% −0.00
FTSM First Trust Enh Short Mat FD Reduce -0.8% 0.16% −0.00
RWO State Street SPDR Dow Jones Reduce -1.6% 0.19% +0.00
FTGC First Trust Global Tactical Reduce -0.1% 0.23% +0.01
XLK SS Technology Select Sector Reduce -7.5% 0.48% +0.01
PIE Invesco Dorsey Wright Emergi Reduce -9.8% 0.32% +0.01
GUNR NT Mstar GLBL NR ETF Reduce -1.4% 0.26% +0.02
FV First Trust DW Focus 5 Fund Reduce -2.2% 0.94% +0.02
BUFG FT Vest Buffered Allocation Reduce -1.6% 1.05% +0.04
SECT Main Sector Rotation ETF Reduce -2.7% 0.98% +0.05
PTLC Pacer Trendpilot US Large Ca Reduce -1.3% 0.90% +0.05
SPDW Ste STR SPDR PT DW Eu ETF Reduce -0.1% 1.08% +0.06
IWM iShares Russell 2000 ETF Reduce -0.7% 0.57% +0.06
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -2.1% 1.58% +0.07
FRDM Freedom 100 Emeging MRKT ETF Reduce -0.5% 1.05% +0.09
DUSA Davis Select US Equity ETF Reduce -0.3% 2.91% +0.09
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -0.6% 1.68% +0.11
KOMP SS SPDR S&P Kensho Ne Comp Reduce -1.4% 0.99% +0.11
ALTL Pacer Lunt Large Cap Alterna Reduce -2.9% 3.61% +0.31

Portfolio Buys Q2 2025 → Q3 2025
VBIL Vanguard 0-3M T-Bill ETF New 0.65% +0.65
SPMO Invesco S&P 500 Momentum ETF Add +101.9% 1.00% +0.54
VTI VG Morningstar TS MKT ETF-US Add +78.6% 1.02% +0.49
RSP Invesco S&P 500 Equal Weight Add +16.5% 1.94% +0.34
SHLD Global X Defense Tech ETF New 0.32% +0.32
TSLA Tesla Inc. New 0.31% +0.31
PAMC Pacer Lunt Midcap Mult-Fact Add +0.8% 4.04% +0.30
XLY SS Consumer Disc Select Sect New 0.27% +0.27
SPSM SS SPDR P S&P 600 Small Cap Add +42.8% 0.69% +0.25
PALC Pacer Lunt LRG Cap Multi-Fac Add +0.1% 5.21% +0.24
IXUS iShares Core Intl Stock ETF Add +0.5% 2.27% +0.15
DINT Davis Select International Add +0.7% 1.51% +0.12
EWN iShares MSCI Netherlands ETF New 0.08% +0.08
COWZ Pacer US Cash Cows 100 ETF Add +0.1% 1.72% +0.07
IWB iShares Russell 1000 ETF Add +3.0% 0.73% +0.07
AAPL Apple Inc. Add +6.0% 0.28% +0.07
CLNN Clene Inc. Add +2.5% 0.12% +0.04
PHDG Invesco S&P 500 Downside Hed Add +0.1% 0.83% +0.04
IXN iShares Global Tech ETF Add +1.1% 0.32% +0.04
BUFT FT Vest Buffered Allocation Add +1.0% 1.02% +0.03
VOO Vanguard S&P 500 ETF Add +8.5% 0.14% +0.02
VXUS Vanguard Total Intl Stock Add +0.4% 0.21% +0.01
XLI SS Industrial Select Sector Add +0.1% 0.27% +0.01
EWA iShares MSCI Australia ETF Add +0.1% 0.08% +0.00
FLRN SS SPDR BB Ig Float RT ETF Add +0.2% 0.14% +0.00
SNFCA Security Natl Finl Corp. Class A Add +9.0% 0.06% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 90$272.6MUSFR, PALC, PAMC, FCTR, ALTL
Q1 2026 97$260.5MUSFR, PALC, TPL, PAMC, FCTR
Q4 2025 98$267.0MUSFR, PALC, PAMC, FCTR, METC
Q3 2025 93$261.5MUSFR, PALC, FCTR, PAMC, BIL
Q2 2025 90$261.2MUSFR, PALC, BIL, FCTR, TFLO
Q1 2025 86$274.8MUSFR, VRIG, TFLO, PALC, TPL
Q4 2024 82$256.9MUSFR, VRIG, TFLO, PALC, FCTR
Q3 2024 91$213.9MUSFR, PALC, VRIG, TPL, FCTR
Q2 2024 88$202.9MUSFR, TPL, PALC, VRIG, FCTR
Q1 2024 88$201.5MUSFR, PALC, VRIG, TPL, FCTR