Mader & Shannon Wealth Management, Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 1, 2024), Mader & Shannon Wealth Management, Inc. reported 12 stock positions worth $166.4 million. Its top holding was iShares 0-3 Month Treasury B (SGOV) at 19.4% of the portfolio, followed by iShares 0-1 Year Treasury Bo (SHV, 18.8%) and SPDR Gold Shares (GLD, 14.6%). Compared with Q1 2024, it opened 1 new position, added to 2 and reduced 9. The biggest buy was a new position in Vanguard Long-Term Corp. Bond (VCLT) and the biggest sale iShares 0-3 Month Treasury B (SGOV, shares −38%).
- Most Recent 13F
- Q2 2026
- Location
- KANSAS CITY, MO
- CIK
- 0001535862
- Portfolio Value
- $166.4M (Q2 2024)
- SEC Filing
- 0001535862-24-000004 ↗ filed Aug 1, 2024
Holdings Value
Holdings 12 stocks · $166.4M
| SGOV iShares 0-3 Month Treasury B | 19.43% | 320,948 | $32.3M | Reduce -37.6% |
| SHV iShares 0-1 Year Treasury Bo | 18.75% | 282,276 | $31.2M | Add +1.8% |
| GLD SPDR Gold Shares | 14.59% | 112,850 | $24.3M | Reduce -0.8% |
| IAU iShares Gold Trust | 14.53% | 550,097 | $24.2M | Reduce -0.8% |
| VCLT Vanguard Long-Term Corp. Bond | 5.86% | 128,407 | $9.7M | New |
| GDX Vaneck Gold Miners ETF | 4.79% | 235,021 | $8.0M | Add +2.7% |
| TMO Thermo Fisher Scientific Inc. | 4.66% | 14,031 | $7.8M | Reduce -4.6% |
| CDW CDW Corp. | 4.61% | 34,277 | $7.7M | Reduce -5.2% |
| UNH Unitedhealth Group Inc. | 4.36% | 14,238 | $7.3M | Reduce -4.4% |
| KNX Knight-Swift Transportation | 4.03% | 134,151 | $6.7M | Reduce -4.4% |
| MLM Martin Marietta Materials | 2.38% | 7,321 | $4.0M | Reduce -6.4% |
| DHI D.R. Horton Inc. | 2.01% | 23,749 | $3.3M | Reduce -6.6% |
Portfolio Sells Q1 2024 → Q2 2024
| SGOV iShares 0-3 Month Treasury B | Reduce -37.6% | 19.43% | −9.64 |
| CDW CDW Corp. | Reduce -5.2% | 4.61% | −0.58 |
| DHI D.R. Horton Inc. | Reduce -6.6% | 2.01% | −0.34 |
| MLM Martin Marietta Materials | Reduce -6.4% | 2.38% | −0.31 |
| KNX Knight-Swift Transportation | Reduce -4.4% | 4.03% | −0.31 |
| TMO Thermo Fisher Scientific Inc. | Reduce -4.6% | 4.66% | −0.13 |
| UNH Unitedhealth Group Inc. | Reduce -4.4% | 4.36% | +0.23 |
| IAU iShares Gold Trust | Reduce -0.8% | 14.53% | +1.46 |
| GLD SPDR Gold Shares | Reduce -0.8% | 14.59% | +1.46 |
Portfolio Buys Q1 2024 → Q2 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 21 | $214.1M | SGOV, IAU, GLD, SHY, VRP |
| Q1 2026 | 20 | $216.1M | SGOV, IAU, GLD, SHY, VRP |
| Q4 2025 | 23 | $204.0M | IAU, GLD, SHY, VRP, PGX |
| Q3 2025 | 23 | $204.0M | IAU, GLD, SHY, VRP, PGX |
| Q2 2025 | 22 | $183.6M | SHY, GLD, IAU, SGOV, SHV |
| Q1 2025 | 21 | $175.3M | GLD, IAU, SGOV, SHYG, GDX |
| Q4 2024 | 21 | $161.7M | GLD, IAU, SGOV, SHV, SHYG |
| Q3 2024 | 15 | $172.0M | GLD, IAU, SGOV, SHV, IGLB |
| Q2 2024 | 12 | $166.4M | SGOV, SHV, GLD, IAU, VCLT |
| Q1 2024 | 11 | $178.3M | SGOV, SHV, GLD, IAU, CDW |