Madrid Financial Services
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed August 18, 2026), Madrid Financial Services reported 24 stock positions worth $159.9 million. Its top holding was Global X MLP & Energy Infras (MLPX) at 13.5% of the portfolio, followed by Global X MLP ETF (MLPA, 12.6%) and iShares Core 60/40 Balanced (AOR, 10.9%). Compared with Q2 2025, it opened 3 new positions, sold out of 3, added to 7 and reduced 12. The biggest buy was a new position in iShares Core 60/40 Balanced (AOR) and the biggest sale an exit from iShares Core 40/60 Moderate (AOM).
- Most Recent 13F
- Q2 2026
- Location
- MANHATTAN BEACH, CA
- CIK
- 0002135336
- Portfolio Value
- $159.9M (Q3 2025)
- SEC Filing
- 0002135336-26-000016 ↗ filed Aug 18, 2026
Holdings Value
Holdings 24 stocks · $159.9M
| MLPX Global X MLP & Energy Infras | 13.47% | 343,454 | $21.5M | Add +6.5% |
| MLPA Global X MLP ETF | 12.60% | 415,974 | $20.1M | Add +21.3% |
| AOR iShares Core 60/40 Balanced | 10.92% | 271,142 | $17.5M | New |
| GDX Vaneck Gold Miners ETF | 7.63% | 159,670 | $12.2M | Add +490.9% |
| NLR Vaneck Urani & Nuclr ETF-Usd | 5.98% | 70,550 | $9.6M | Add +153.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 5.85% | 169,013 | $9.4M | Reduce -2.4% |
| PPA Invesco Aerospace & Defense | 5.15% | 52,982 | $8.2M | Reduce -26.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.04% | 12,091 | $8.1M | Reduce -10.0% |
| QQQ Invesco QQQ Trust Series 1 | 4.83% | 12,868 | $7.7M | Reduce -8.2% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 4.73% | 86,746 | $7.6M | Reduce -20.6% |
| IJH iShares Core S&P Midcap ETF | 4.48% | 109,759 | $7.2M | Reduce -8.6% |
| DXJ Wisdomtree Japan Hedged Eq | 4.42% | 55,223 | $7.1M | New |
| XLF SS Financial Select Sector | 4.40% | 130,694 | $7.0M | Reduce -22.9% |
| REZ Ishars Res and Multi Reales | 4.36% | 82,131 | $7.0M | Reduce -11.1% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 2.54% | 36,413 | $4.1M | Reduce -10.1% |
| AOA iShares Core 80/20 Aggressiv | 1.23% | 22,323 | $2.0M | Add +13.3% |
| IWM iShares Russell 2000 ETF | 0.79% | 5,204 | $1.3M | Reduce -89.4% |
| AOK iShares Core 30/70 Conservat | 0.36% | 14,328 | $575K | Reduce -20.2% |
| PLTR Palantir Technologies Inc. Class A | 0.29% | 2,550 | $465K | Add +11.8% |
| BSVO EA Bridgeway Omni Sm-Cp Val | 0.28% | 20,000 | $453K | No change |
| NVDA Nvidia Corp. | 0.20% | 1,728 | $322K | New |
| AMZN Amazon.com Inc. | 0.16% | 1,170 | $257K | Reduce -8.2% |
| COST Costco Wholesale Corp. | 0.15% | 260 | $241K | Add +13.0% |
| WMT Walmart Inc. | 0.14% | 2,200 | $227K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| AOM iShares Core 40/60 Moderate | Sold out | 0.00% | −11.49 |
| IWM iShares Russell 2000 ETF | Reduce -89.4% | 0.79% | −6.37 |
| PPA Invesco Aerospace & Defense | Reduce -26.1% | 5.15% | −1.73 |
| XLF SS Financial Select Sector | Reduce -22.9% | 4.40% | −1.61 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -20.6% | 4.73% | −1.31 |
| SMTH Alps SMTH Cor BD Plus ETF | Sold out | 0.00% | −1.09 |
| REZ Ishars Res and Multi Reales | Reduce -11.1% | 4.36% | −0.79 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -10.0% | 5.04% | −0.59 |
| IJH iShares Core S&P Midcap ETF | Reduce -8.6% | 4.48% | −0.57 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -10.1% | 2.54% | −0.47 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -8.2% | 4.83% | −0.41 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -2.4% | 5.85% | −0.29 |
| AAPL Apple Inc. | Sold out | 0.00% | −0.15 |
| AOK iShares Core 30/70 Conservat | Reduce -20.2% | 0.36% | −0.12 |
| AMZN Amazon.com Inc. | Reduce -8.2% | 0.16% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| AOR iShares Core 60/40 Balanced | New | 10.92% | +10.92 |
| GDX Vaneck Gold Miners ETF | Add +490.9% | 7.63% | +6.68 |
| DXJ Wisdomtree Japan Hedged Eq | New | 4.42% | +4.42 |
| NLR Vaneck Urani & Nuclr ETF-Usd | Add +153.2% | 5.98% | +3.89 |
| MLPA Global X MLP ETF | Add +21.3% | 12.60% | +0.93 |
| NVDA Nvidia Corp. | New | 0.20% | +0.20 |
| AOA iShares Core 80/20 Aggressiv | Add +13.3% | 1.23% | +0.12 |
| PLTR Palantir Technologies Inc. Class A | Add +11.8% | 0.29% | +0.08 |
| COST Costco Wholesale Corp. | Add +13.0% | 0.15% | −0.00 |
| MLPX Global X MLP & Energy Infras | Add +6.5% | 13.47% | −0.22 |
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 |