Mader & Shannon Wealth Management, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 5, 2025), Mader & Shannon Wealth Management, Inc. reported 21 stock positions worth $175.3 million. Its top holding was SPDR Gold Shares (GLD) at 17.6% of the portfolio, followed by iShares Gold Trust (IAU, 17.5%) and iShares 0-3 Month Treasury B (SGOV, 10.7%). Compared with Q4 2024, it added to 18 and reduced 3. The biggest buy was iShares Gold Trust (IAU, shares +2%) and the biggest sale iShares 0-1 Year Treasury Bo (SHV, shares −38%).
- Most Recent 13F
- Q2 2026
- Location
- KANSAS CITY, MO
- CIK
- 0001535862
- Portfolio Value
- $175.3M (Q1 2025)
- SEC Filing
- 0001535862-25-000002 ↗ filed May 5, 2025
Holdings Value
Holdings 21 stocks · $175.3M
| GLD SPDR Gold Shares | 17.58% | 106,920 | $30.8M | Add +1.6% |
| IAU iShares Gold Trust | 17.52% | 520,784 | $30.7M | Add +1.9% |
| SGOV iShares 0-3 Month Treasury B | 10.72% | 186,645 | $18.8M | Reduce -10.3% |
| SHYG iShares 0-5 YR HY Corp. Bond | 9.99% | 411,869 | $17.5M | Add +22.8% |
| GDX Vaneck Gold Miners ETF | 6.05% | 230,593 | $10.6M | Add +1.3% |
| SHV iShares 0-1 Year Treasury Bo | 5.72% | 90,701 | $10.0M | Reduce -38.0% |
| UNH Unitedhealth Group Inc. | 4.40% | 14,710 | $7.7M | Add +12.6% |
| TMO Thermo Fisher Scientific Inc. | 4.08% | 14,381 | $7.2M | Add +8.8% |
| CDW CDW Corp. | 3.99% | 43,650 | $7.0M | Add +36.5% |
| KNX Knight-Swift Transportation | 3.51% | 141,284 | $6.1M | Add +15.2% |
| MLM Martin Marietta Materials | 3.09% | 11,318 | $5.4M | Add +1.2% |
| AMZN Amazon.com Inc. | 2.51% | 23,120 | $4.4M | Add +1.3% |
| DHI D.R. Horton Inc. | 1.64% | 22,579 | $2.9M | Add +10.9% |
| FSLR First Solar Inc. | 1.43% | 19,858 | $2.5M | Add +38.3% |
| PSX Phillips 66 | 1.42% | 20,219 | $2.5M | Reduce -33.1% |
| MPC Marathon Petroleum Corp. | 1.37% | 16,487 | $2.4M | Add +7.1% |
| VLO Valero Energy Corp. | 1.36% | 18,014 | $2.4M | Add +194.8% |
| DINO HF Sinclair Corp. | 1.26% | 67,246 | $2.2M | Add +28.2% |
| FCX Freeport-McMoran Inc. | 1.16% | 53,671 | $2.0M | Add +88.5% |
| XLB SS Materials Select Sector | 1.07% | 21,754 | $1.9M | Add +166.8% |
| WMT Walmart Inc. | 0.14% | 2,894 | $254K | Add +0.3% |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| IAU iShares Gold Trust | Add +1.9% | 17.52% | +1.87 |
| GLD SPDR Gold Shares | Add +1.6% | 17.58% | +1.83 |
| GDX Vaneck Gold Miners ETF | Add +1.3% | 6.05% | +1.27 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +22.8% | 9.99% | +1.15 |
| VLO Valero Energy Corp. | Add +194.8% | 1.36% | +0.89 |
| XLB SS Materials Select Sector | Add +166.8% | 1.07% | +0.64 |
| CDW CDW Corp. | Add +36.5% | 3.99% | +0.55 |
| FCX Freeport-McMoran Inc. | Add +88.5% | 1.16% | +0.49 |
| UNH Unitedhealth Group Inc. | Add +12.6% | 4.40% | +0.31 |
| DINO HF Sinclair Corp. | Add +28.2% | 1.26% | +0.12 |
| MPC Marathon Petroleum Corp. | Add +7.1% | 1.37% | +0.04 |
| WMT Walmart Inc. | Add +0.3% | 0.14% | −0.02 |
| DHI D.R. Horton Inc. | Add +10.9% | 1.64% | −0.12 |
| FSLR First Solar Inc. | Add +38.3% | 1.43% | −0.13 |
| TMO Thermo Fisher Scientific Inc. | Add +8.8% | 4.08% | −0.17 |
| MLM Martin Marietta Materials | Add +1.2% | 3.09% | −0.48 |
| KNX Knight-Swift Transportation | Add +15.2% | 3.51% | −0.52 |
| AMZN Amazon.com Inc. | Add +1.3% | 2.51% | −0.59 |
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 |