Madrid Financial Services

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 18, 2026), Madrid Financial Services reported 24 stock positions worth $147.6 million. Its top holding was Global X MLP & Energy Infras (MLPX) at 13.7% of the portfolio, followed by Global X MLP ETF (MLPA, 11.7%) and iShares Core 40/60 Moderate (AOM, 11.5%). Compared with Q1 2025, it opened 8 new positions, sold out of 1, added to 12 and reduced 4. The biggest buy was a new position in Vaneck Urani & Nuclr ETF-Usd (NLR) and the biggest sale an exit from SS SPDR S&P Og Exp & Prod (XOP).

Most Recent 13F
Q2 2026
Location
MANHATTAN BEACH, CA
CIK
0002135336
Portfolio Value
$147.6M (Q2 2025)
SEC Filing
0002135336-26-000015 ↗ filed Aug 18, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q4 2024: $125.9M Q4 2024 Q1 2025: $137.3M Q1 2025 Q2 2025: $147.6M $147.6M Q2 2025 Q3 2025: $159.9M Q3 2025 Q4 2025: $139.1M Q4 2025 Q1 2026: $169.4M Q1 2026 Q2 2026: $189.0M Q2 2026

Holdings 24 stocks · $147.6M
MLPX Global X MLP & Energy Infras 13.69% 322,491 $20.2M Add +3.7%
MLPA Global X MLP ETF 11.66% 342,959 $17.2M Add +6.5%
AOM iShares Core 40/60 Moderate 11.49% 368,333 $17.0M Add +6.6%
IWM iShares Russell 2000 ETF 7.16% 48,957 $10.6M Reduce -0.7%
PPA Invesco Aerospace & Defense 6.88% 71,700 $10.2M Add +1.6%
SPYV SS SPDR P S&P 500 Value ETF 6.14% 173,173 $9.1M Add +4.8%
XLU St Sr Utl SL SE SPDR ETF-Usd 6.04% 109,275 $8.9M Add +2.2%
XLF SS Financial Select Sector 6.01% 169,477 $8.9M Add +4.5%
SPY SS SPDR S&P 500 ETF Trust-US 5.62% 13,435 $8.3M Add +6.2%
QQQ Invesco QQQ Trust Series 1 5.24% 14,013 $7.7M Add +3.2%
REZ Ishars Res and Multi Reales 5.15% 92,329 $7.6M Reduce -1.1%
IJH iShares Core S&P Midcap ETF 5.04% 120,072 $7.4M Add +6.5%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 3.01% 40,517 $4.4M Reduce -14.2%
NLR Vaneck Urani & Nuclr ETF-Usd 2.10% 27,861 $3.1M New
AOA iShares Core 80/20 Aggressiv 1.11% 19,695 $1.6M Add +3.5%
SMTH Alps SMTH Cor BD Plus ETF 1.09% 62,452 $1.6M New
GDX Vaneck Gold Miners ETF 0.95% 27,020 $1.4M New
AOK iShares Core 30/70 Conservat 0.48% 17,960 $702K Add +1.5%
BSVO EA Bridgeway Omni Sm-Cp Val 0.28% 20,000 $408K Reduce -20.0%
PLTR Palantir Technologies Inc. Class A 0.21% 2,280 $311K New
AMZN Amazon.com Inc. 0.19% 1,275 $280K New
COST Costco Wholesale Corp. 0.15% 230 $228K New
AAPL Apple Inc. 0.15% 1,080 $222K New
WMT Walmart Inc. 0.15% 2,200 $215K New

Portfolio Sells Q1 2025 → Q2 2025
XOP SS SPDR S&P Og Exp & Prod Sold out 0.00% −4.61
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -14.2% 3.01% −0.73
REZ Ishars Res and Multi Reales Reduce -1.1% 5.15% −0.72
BSVO EA Bridgeway Omni Sm-Cp Val Reduce -20.0% 0.28% −0.08
IWM iShares Russell 2000 ETF Reduce -0.7% 7.16% −0.00

Portfolio Buys Q1 2025 → Q2 2025
NLR Vaneck Urani & Nuclr ETF-Usd New 2.10% +2.10
SMTH Alps SMTH Cor BD Plus ETF New 1.09% +1.09
GDX Vaneck Gold Miners ETF New 0.95% +0.95
PPA Invesco Aerospace & Defense Add +1.6% 6.88% +0.89
QQQ Invesco QQQ Trust Series 1 Add +3.2% 5.24% +0.60
SPY SS SPDR S&P 500 ETF Trust-US Add +6.2% 5.62% +0.47
AOM iShares Core 40/60 Moderate Add +6.6% 11.49% +0.45
IJH iShares Core S&P Midcap ETF Add +6.5% 5.04% +0.25
PLTR Palantir Technologies Inc. Class A New 0.21% +0.21
AMZN Amazon.com Inc. New 0.19% +0.19
COST Costco Wholesale Corp. New 0.15% +0.15
AAPL Apple Inc. New 0.15% +0.15
WMT Walmart Inc. New 0.15% +0.15
XLF SS Financial Select Sector Add +4.5% 6.01% +0.13
AOA iShares Core 80/20 Aggressiv Add +3.5% 1.11% +0.05
SPYV SS SPDR P S&P 500 Value ETF Add +4.8% 6.14% −0.01
AOK iShares Core 30/70 Conservat Add +1.5% 0.48% −0.01
XLU St Sr Utl SL SE SPDR ETF-Usd Add +2.2% 6.04% −0.09
MLPX Global X MLP & Energy Infras Add +3.7% 13.69% −0.76
MLPA Global X MLP ETF Add +6.5% 11.66% −0.82

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 26$189.0MMLPA, AOR, EWY, QQQ, GDX
Q1 2026 26$169.4MMLPA, AOR, GDX, SPYV, XOP
Q4 2025 20$139.1MMLPA, AOR, MLPX, SPYV, NLR
Q3 2025 24$159.9MMLPX, MLPA, AOR, GDX, NLR
Q2 2025 24$147.6MMLPX, MLPA, AOM, IWM, PPA
Q1 2025 17$137.3MMLPX, MLPA, AOM, IWM, SPYV
Q4 2024 20$125.9MMLPA, AOM, PPA, XLF, REZ