Madrid Financial Services
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed August 18, 2026), Madrid Financial Services reported 17 stock positions worth $137.3 million. Its top holding was Global X MLP & Energy Infras (MLPX) at 14.5% of the portfolio, followed by Global X MLP ETF (MLPA, 12.5%) and iShares Core 40/60 Moderate (AOM, 11.0%). Compared with Q4 2024, it opened 1 new position, sold out of 4, added to 7 and reduced 9. The biggest buy was a new position in Global X MLP & Energy Infras (MLPX) and the biggest sale an exit from Vaneck Gold Miners ETF (GDX).
- Most Recent 13F
- Q2 2026
- Location
- MANHATTAN BEACH, CA
- CIK
- 0002135336
- Portfolio Value
- $137.3M (Q1 2025)
- SEC Filing
- 0002135336-26-000014 ↗ filed Aug 18, 2026
Holdings Value
Holdings 17 stocks · $137.3M
| MLPX Global X MLP & Energy Infras | 14.45% | 310,975 | $19.8M | New |
| MLPA Global X MLP ETF | 12.48% | 321,960 | $17.1M | Reduce -20.1% |
| AOM iShares Core 40/60 Moderate | 11.04% | 345,424 | $15.2M | Add +31.5% |
| IWM iShares Russell 2000 ETF | 7.16% | 49,288 | $9.8M | Add +952.5% |
| SPYV SS SPDR P S&P 500 Value ETF | 6.15% | 165,309 | $8.4M | Add +4.2% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 6.14% | 106,911 | $8.4M | Add +12.9% |
| PPA Invesco Aerospace & Defense | 5.99% | 70,535 | $8.2M | Reduce -10.7% |
| XLF SS Financial Select Sector | 5.89% | 162,229 | $8.1M | Reduce -10.4% |
| REZ Ishars Res and Multi Reales | 5.87% | 93,326 | $8.1M | Reduce -12.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.15% | 12,651 | $7.1M | Reduce -5.1% |
| IJH iShares Core S&P Midcap ETF | 4.79% | 112,801 | $6.6M | Add +2352.7% |
| QQQ Invesco QQQ Trust Series 1 | 4.64% | 13,573 | $6.4M | Reduce -5.9% |
| XOP SS SPDR S&P Og Exp & Prod | 4.61% | 48,032 | $6.3M | Add +9.7% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 3.74% | 47,244 | $5.1M | Reduce -10.6% |
| AOA iShares Core 80/20 Aggressiv | 1.06% | 19,035 | $1.5M | Add +495.8% |
| AOK iShares Core 30/70 Conservat | 0.48% | 17,687 | $666K | Reduce -20.9% |
| BSVO EA Bridgeway Omni Sm-Cp Val | 0.35% | 25,000 | $486K | Reduce -14.1% |
Portfolio Sells Q4 2024 → Q1 2025
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −6.50 |
| EPI Wisdomtree India Earnings | Sold out | 0.00% | −6.30 |
| MLPA Global X MLP ETF | Reduce -20.1% | 12.48% | −3.33 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −2.87 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −2.75 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -5.9% | 4.64% | −1.22 |
| PPA Invesco Aerospace & Defense | Reduce -10.7% | 5.99% | −1.21 |
| XLF SS Financial Select Sector | Reduce -10.4% | 5.89% | −1.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.1% | 5.15% | −1.05 |
| REZ Ishars Res and Multi Reales | Reduce -12.6% | 5.87% | −1.00 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -10.6% | 3.74% | −0.74 |
| AOK iShares Core 30/70 Conservat | Reduce -20.9% | 0.48% | −0.18 |
| BSVO EA Bridgeway Omni Sm-Cp Val | Reduce -14.1% | 0.35% | −0.15 |
Portfolio Buys Q4 2024 → Q1 2025
| MLPX Global X MLP & Energy Infras | New | 14.45% | +14.45 |
| IWM iShares Russell 2000 ETF | Add +952.5% | 7.16% | +6.34 |
| IJH iShares Core S&P Midcap ETF | Add +2352.7% | 4.79% | +4.57 |
| AOM iShares Core 40/60 Moderate | Add +31.5% | 11.04% | +1.98 |
| AOA iShares Core 80/20 Aggressiv | Add +495.8% | 1.06% | +0.87 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +12.9% | 6.14% | +0.45 |
| XOP SS SPDR S&P Og Exp & Prod | Add +9.7% | 4.61% | +0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +4.2% | 6.15% | −0.30 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 26 | $189.0M | MLPA, AOR, EWY, QQQ, GDX |
| Q1 2026 | 26 | $169.4M | MLPA, AOR, GDX, SPYV, XOP |
| Q4 2025 | 20 | $139.1M | MLPA, AOR, MLPX, SPYV, NLR |
| Q3 2025 | 24 | $159.9M | MLPX, MLPA, AOR, GDX, NLR |
| Q2 2025 | 24 | $147.6M | MLPX, MLPA, AOM, IWM, PPA |
| Q1 2025 | 17 | $137.3M | MLPX, MLPA, AOM, IWM, SPYV |
| Q4 2024 | 20 | $125.9M | MLPA, AOM, PPA, XLF, REZ |