Madrid Financial Services
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed August 18, 2026), Madrid Financial Services reported 20 stock positions worth $139.1 million. Its top holding was Global X MLP ETF (MLPA) at 14.5% of the portfolio, followed by iShares Core 60/40 Balanced (AOR, 14.0%) and Global X MLP & Energy Infras (MLPX, 13.7%). Compared with Q3 2025, it opened 2 new positions, sold out of 6, added to 8 and reduced 10. The biggest buy was iShares Core 60/40 Balanced (AOR, shares +11%) 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
- $139.1M (Q4 2025)
- SEC Filing
- 0002135336-26-000017 ↗ filed Aug 18, 2026
Holdings Value
Holdings 20 stocks · $139.1M
| MLPA Global X MLP ETF | 14.46% | 415,648 | $20.1M | Reduce -0.1% |
| AOR iShares Core 60/40 Balanced | 14.03% | 300,275 | $19.5M | Add +10.7% |
| MLPX Global X MLP & Energy Infras | 13.69% | 314,711 | $19.0M | Reduce -8.4% |
| SPYV SS SPDR P S&P 500 Value ETF | 6.92% | 169,364 | $9.6M | Add +0.2% |
| NLR Vaneck Urani & Nuclr ETF-Usd | 6.83% | 76,534 | $9.5M | Add +8.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.95% | 12,147 | $8.3M | Add +0.5% |
| PPA Invesco Aerospace & Defense | 5.86% | 52,023 | $8.1M | Reduce -1.8% |
| DXJ Wisdomtree Japan Hedged Eq | 5.85% | 56,461 | $8.1M | Add +2.2% |
| QQQ Invesco QQQ Trust Series 1 | 5.67% | 12,839 | $7.9M | Reduce -0.2% |
| IJH iShares Core S&P Midcap ETF | 5.25% | 110,647 | $7.3M | Add +0.8% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 5.24% | 170,697 | $7.3M | Reduce -1.6% |
| XLF SS Financial Select Sector | 5.03% | 127,840 | $7.0M | Reduce -2.2% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 2.09% | 26,338 | $2.9M | Reduce -27.7% |
| AOA iShares Core 80/20 Aggressiv | 1.72% | 26,693 | $2.4M | Add +19.6% |
| AOK iShares Core 30/70 Conservat | 0.42% | 14,584 | $585K | Add +1.8% |
| PLTR Palantir Technologies Inc. Class A | 0.27% | 2,130 | $379K | Reduce -16.5% |
| FELC Fidelity Enh LRG Cap Cor ETF | 0.26% | 9,470 | $361K | New |
| NVDA Nvidia Corp. | 0.18% | 1,343 | $250K | Reduce -22.3% |
| AOM iShares Core 40/60 Moderate | 0.15% | 4,247 | $203K | New |
| AMZN Amazon.com Inc. | 0.14% | 870 | $201K | Reduce -25.6% |
Portfolio Sells Q3 2025 → Q4 2025
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −7.63 |
| REZ Ishars Res and Multi Reales | Sold out | 0.00% | −4.36 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.79 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -27.7% | 2.09% | −0.45 |
| BSVO EA Bridgeway Omni Sm-Cp Val | Sold out | 0.00% | −0.28 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.15 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.14 |
| NVDA Nvidia Corp. | Reduce -22.3% | 0.18% | −0.02 |
| PLTR Palantir Technologies Inc. Class A | Reduce -16.5% | 0.27% | −0.02 |
| AMZN Amazon.com Inc. | Reduce -25.6% | 0.14% | −0.02 |
| MLPX Global X MLP & Energy Infras | Reduce -8.4% | 13.69% | +0.22 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -1.6% | 5.24% | +0.51 |
| XLF SS Financial Select Sector | Reduce -2.2% | 5.03% | +0.63 |
| PPA Invesco Aerospace & Defense | Reduce -1.8% | 5.86% | +0.71 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.2% | 5.67% | +0.84 |
| MLPA Global X MLP ETF | Reduce -0.1% | 14.46% | +1.87 |
Portfolio Buys Q3 2025 → Q4 2025
| AOR iShares Core 60/40 Balanced | Add +10.7% | 14.03% | +3.11 |
| DXJ Wisdomtree Japan Hedged Eq | Add +2.2% | 5.85% | +1.43 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +0.2% | 6.92% | +1.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.5% | 5.95% | +0.92 |
| NLR Vaneck Urani & Nuclr ETF-Usd | Add +8.5% | 6.83% | +0.85 |
| IJH iShares Core S&P Midcap ETF | Add +0.8% | 5.25% | +0.77 |
| AOA iShares Core 80/20 Aggressiv | Add +19.6% | 1.72% | +0.49 |
| FELC Fidelity Enh LRG Cap Cor ETF | New | 0.26% | +0.26 |
| AOM iShares Core 40/60 Moderate | New | 0.15% | +0.15 |
| AOK iShares Core 30/70 Conservat | Add +1.8% | 0.42% | +0.06 |
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 |