Madrid Financial Services
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Madrid Financial Services reported 26 stock positions worth $169.4 million. Its top holding was Global X MLP ETF (MLPA) at 15.0% of the portfolio, followed by iShares Core 60/40 Balanced (AOR, 10.3%) and Vaneck Gold Miners ETF (GDX, 8.1%). Compared with Q4 2025, it opened 9 new positions, sold out of 3, added to 7 and reduced 10. The biggest buy was a new position in Vaneck Gold Miners ETF (GDX) and the biggest sale Global X MLP & Energy Infras (MLPX, shares −59%).
- Most Recent 13F
- Q2 2026
- Location
- MANHATTAN BEACH, CA
- CIK
- 0002135336
- Portfolio Value
- $169.4M (Q1 2026)
- SEC Filing
- 0002135336-26-000002 ↗ filed May 15, 2026
Holdings Value
Holdings 26 stocks · $169.4M
| MLPA Global X MLP ETF | 14.97% | 470,703 | $25.4M | Add +13.3% |
| AOR iShares Core 60/40 Balanced | 10.34% | 272,251 | $17.5M | Reduce -9.3% |
| GDX Vaneck Gold Miners ETF | 8.13% | 150,082 | $13.8M | New |
| SPYV SS SPDR P S&P 500 Value ETF | 5.99% | 179,343 | $10.1M | Add +5.9% |
| XOP SS SPDR S&P Og Exp & Prod | 5.85% | 54,494 | $9.9M | New |
| MLPX Global X MLP & Energy Infras | 5.64% | 129,288 | $9.6M | Reduce -58.9% |
| EWY iShares MSCI South Korea ETF | 5.49% | 75,587 | $9.3M | New |
| DXJ Wisdomtree Japan Hedged Eq | 5.27% | 56,335 | $8.9M | Reduce -0.2% |
| NLR Vaneck Urani & Nuclr ETF-Usd | 5.09% | 64,772 | $8.6M | Reduce -15.4% |
| PPA Invesco Aerospace & Defense | 5.05% | 51,610 | $8.6M | Reduce -0.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.71% | 12,271 | $8.0M | Add +1.0% |
| IEFA iShares Core MSCI Eafe ETF | 4.67% | 87,352 | $7.9M | New |
| QQQ Invesco QQQ Trust Series 1 | 4.26% | 12,510 | $7.2M | Reduce -2.6% |
| IJH iShares Core S&P Midcap ETF | 4.07% | 102,126 | $6.9M | Reduce -7.7% |
| DTH Wisdomtree International Hig | 3.96% | 123,955 | $6.7M | New |
| IWM iShares Russell 2000 ETF | 3.44% | 23,504 | $5.8M | New |
| AOA iShares Core 80/20 Aggressiv | 1.24% | 23,759 | $2.1M | Reduce -11.0% |
| AOK iShares Core 30/70 Conservat | 0.47% | 19,819 | $791K | Add +35.9% |
| BSVO EA Bridgeway Omni Sm-Cp Val | 0.30% | 19,705 | $500K | New |
| FELC Fidelity Enh LRG Cap Cor ETF | 0.17% | 8,000 | $290K | Reduce -15.5% |
| NVDA Nvidia Corp. | 0.17% | 1,623 | $283K | Add +20.9% |
| WMT Walmart Inc. | 0.16% | 2,200 | $273K | New |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.15% | 2,354 | $257K | Reduce -91.1% |
| AMZN Amazon.com Inc. | 0.14% | 1,150 | $240K | Add +32.2% |
| AOM iShares Core 40/60 Moderate | 0.13% | 4,515 | $214K | Add +6.3% |
| SMTH Alps SMTH Cor BD Plus ETF | 0.12% | 7,887 | $203K | New |
Portfolio Sells Q4 2025 → Q1 2026
| MLPX Global X MLP & Energy Infras | Reduce -58.9% | 5.64% | −8.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Sold out | 0.00% | −5.24 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −5.03 |
| AOR iShares Core 60/40 Balanced | Reduce -9.3% | 10.34% | −3.69 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -91.1% | 0.15% | −1.93 |
| NLR Vaneck Urani & Nuclr ETF-Usd | Reduce -15.4% | 5.09% | −1.74 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -2.6% | 4.26% | −1.41 |
| IJH iShares Core S&P Midcap ETF | Reduce -7.7% | 4.07% | −1.18 |
| PPA Invesco Aerospace & Defense | Reduce -0.8% | 5.05% | −0.81 |
| DXJ Wisdomtree Japan Hedged Eq | Reduce -0.2% | 5.27% | −0.57 |
| AOA iShares Core 80/20 Aggressiv | Reduce -11.0% | 1.24% | −0.48 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.27 |
| FELC Fidelity Enh LRG Cap Cor ETF | Reduce -15.5% | 0.17% | −0.09 |
Portfolio Buys Q4 2025 → Q1 2026
| GDX Vaneck Gold Miners ETF | New | 8.13% | +8.13 |
| XOP SS SPDR S&P Og Exp & Prod | New | 5.85% | +5.85 |
| EWY iShares MSCI South Korea ETF | New | 5.49% | +5.49 |
| IEFA iShares Core MSCI Eafe ETF | New | 4.67% | +4.67 |
| DTH Wisdomtree International Hig | New | 3.96% | +3.96 |
| IWM iShares Russell 2000 ETF | New | 3.44% | +3.44 |
| MLPA Global X MLP ETF | Add +13.3% | 14.97% | +0.51 |
| BSVO EA Bridgeway Omni Sm-Cp Val | New | 0.30% | +0.30 |
| WMT Walmart Inc. | New | 0.16% | +0.16 |
| SMTH Alps SMTH Cor BD Plus ETF | New | 0.12% | +0.12 |
| AOK iShares Core 30/70 Conservat | Add +35.9% | 0.47% | +0.05 |
| AMZN Amazon.com Inc. | Add +32.2% | 0.14% | −0.00 |
| NVDA Nvidia Corp. | Add +20.9% | 0.17% | −0.01 |
| AOM iShares Core 40/60 Moderate | Add +6.3% | 0.13% | −0.02 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +5.9% | 5.99% | −0.92 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.0% | 4.71% | −1.24 |
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 |