Mader & Shannon Wealth Management, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Mader & Shannon Wealth Management, Inc. reported 22 stock positions worth $183.6 million. Its top holding was iShares 1-3 Year Treasury Bo (SHY) at 20.0% of the portfolio, followed by SPDR Gold Shares (GLD, 13.6%) and iShares Gold Trust (IAU, 13.6%). Compared with Q1 2025, it opened 2 new positions, sold out of 1, added to 15 and reduced 5. The biggest buy was a new position in iShares 1-3 Year Treasury Bo (SHY) and the biggest sale an exit from iShares 0-5 YR HY Corp. Bond (SHYG).
- Most Recent 13F
- Q2 2026
- Location
- KANSAS CITY, MO
- CIK
- 0001535862
- Portfolio Value
- $183.6M (Q2 2025)
- SEC Filing
- 0001535862-25-000005 ↗ filed Jul 31, 2025
Holdings Value
Holdings 22 stocks · $183.6M
| SHY iShares 1-3 Year Treasury Bo | 20.02% | 443,597 | $36.8M | New |
| GLD SPDR Gold Shares | 13.57% | 81,711 | $24.9M | Reduce -23.6% |
| IAU iShares Gold Trust | 13.55% | 399,009 | $24.9M | Reduce -23.4% |
| SGOV iShares 0-3 Month Treasury B | 10.32% | 188,087 | $18.9M | Add +0.8% |
| SHV iShares 0-1 Year Treasury Bo | 5.51% | 91,621 | $10.1M | Add +1.0% |
| CDW CDW Corp. | 4.27% | 43,857 | $7.8M | Add +0.5% |
| GDX Vaneck Gold Miners ETF | 4.22% | 148,887 | $7.8M | Reduce -35.4% |
| KNX Knight-Swift Transportation | 3.42% | 142,019 | $6.3M | Add +0.5% |
| MLM Martin Marietta Materials | 3.40% | 11,369 | $6.2M | Add +0.5% |
| TMO Thermo Fisher Scientific Inc. | 3.19% | 14,453 | $5.9M | Add +0.5% |
| AMZN Amazon.com Inc. | 2.79% | 23,316 | $5.1M | Add +0.8% |
| UNH Unitedhealth Group Inc. | 2.50% | 14,706 | $4.6M | Reduce -0.0% |
| FSLR First Solar Inc. | 1.79% | 19,859 | $3.3M | Add +0.0% |
| ITB iShares U.S. Home Constructi | 1.77% | 34,955 | $3.3M | New |
| DHI D.R. Horton Inc. | 1.59% | 22,627 | $2.9M | Add +0.2% |
| DINO HF Sinclair Corp. | 1.51% | 67,557 | $2.8M | Add +0.5% |
| MPC Marathon Petroleum Corp. | 1.50% | 16,568 | $2.8M | Add +0.5% |
| VLO Valero Energy Corp. | 1.33% | 18,109 | $2.4M | Add +0.5% |
| PSX Phillips 66 | 1.32% | 20,313 | $2.4M | Add +0.5% |
| FCX Freeport-McMoran Inc. | 1.27% | 53,723 | $2.3M | Add +0.1% |
| XLB SS Materials Select Sector | 1.04% | 21,763 | $1.9M | Add +0.0% |
| WMT Walmart Inc. | 0.13% | 2,412 | $236K | Reduce -16.7% |
Portfolio Sells Q1 2025 → Q2 2025
| SHYG iShares 0-5 YR HY Corp. Bond | Sold out | 0.00% | −9.99 |
| GLD SPDR Gold Shares | Reduce -23.6% | 13.57% | −4.01 |
| IAU iShares Gold Trust | Reduce -23.4% | 13.55% | −3.97 |
| UNH Unitedhealth Group Inc. | Reduce -0.0% | 2.50% | −1.90 |
| GDX Vaneck Gold Miners ETF | Reduce -35.4% | 4.22% | −1.83 |
| WMT Walmart Inc. | Reduce -16.7% | 0.13% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| SHY iShares 1-3 Year Treasury Bo | New | 20.02% | +20.02 |
| ITB iShares U.S. Home Constructi | New | 1.77% | +1.77 |
| FSLR First Solar Inc. | Add +0.0% | 1.79% | +0.36 |
| MLM Martin Marietta Materials | Add +0.5% | 3.40% | +0.31 |
| AMZN Amazon.com Inc. | Add +0.8% | 2.79% | +0.28 |
| CDW CDW Corp. | Add +0.5% | 4.27% | +0.28 |
| DINO HF Sinclair Corp. | Add +0.5% | 1.51% | +0.25 |
| MPC Marathon Petroleum Corp. | Add +0.5% | 1.50% | +0.13 |
| FCX Freeport-McMoran Inc. | Add +0.1% | 1.27% | +0.11 |
| XLB SS Materials Select Sector | Add +0.0% | 1.04% | −0.03 |
| VLO Valero Energy Corp. | Add +0.5% | 1.33% | −0.03 |
| DHI D.R. Horton Inc. | Add +0.2% | 1.59% | −0.05 |
| KNX Knight-Swift Transportation | Add +0.5% | 3.42% | −0.08 |
| PSX Phillips 66 | Add +0.5% | 1.32% | −0.10 |
| SHV iShares 0-1 Year Treasury Bo | Add +1.0% | 5.51% | −0.21 |
| SGOV iShares 0-3 Month Treasury B | Add +0.8% | 10.32% | −0.40 |
| TMO Thermo Fisher Scientific Inc. | Add +0.5% | 3.19% | −0.89 |
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 |