Madrona Financial Services, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 22, 2026), Madrona Financial Services, LLC reported 128 stock positions worth $468.0 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 13.2% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 9.6%) and Ishrs US E F R A ETF-Usd (DYNF, 6.4%). Compared with Q3 2025, it opened 18 new positions, sold out of 11, added to 32 and reduced 54. The biggest buy was a new position in Red Violet (RDVT) and the biggest sale Microsoft (MSFT, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- EVERETT, WA
- CIK
- 0001578370
- Portfolio Value
- $468.0M (Q4 2025)
- SEC Filing
- 0001578370-26-000002 ↗ filed Jan 22, 2026
Holdings Value
Holdings 128 stocks · $468.0M
| IVV iShares Core S&P 500 ETF | 13.20% | 90,207 | $61.8M | Reduce -0.0% |
| QQQ Invesco QQQ Trust Series 1 | 9.58% | 72,973 | $44.8M | Reduce -1.7% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 6.37% | 490,220 | $29.8M | Add +0.2% |
| MSFT Microsoft Corp. | 6.08% | 58,812 | $28.4M | Reduce -9.7% |
| SECT Main Sector Rotation ETF | 5.89% | 427,232 | $27.6M | Reduce -0.5% |
| FV First Trust DW Focus 5 Fund | 5.40% | 401,734 | $25.3M | Add +1.0% |
| QTUM Defiance Quantum ETF | 3.68% | 157,187 | $17.2M | Reduce -1.9% |
| AIQ Global X Art Intel & Tech | 3.45% | 317,437 | $16.1M | Reduce -0.7% |
| XBI SS SPDR S&P Biotech ETF | 3.31% | 126,951 | $15.5M | Reduce -1.2% |
| COWZ Pacer US Cash Cows 100 ETF | 2.87% | 223,104 | $13.4M | Add +1.1% |
| ACWX iShares MSCI Acwi Ex US ETF | 2.82% | 196,595 | $13.2M | Add +0.7% |
| BND Vanguard Total Bond Market | 2.78% | 175,602 | $13.0M | Add +1.5% |
| XMHQ Invesco S&P Midcap Qual ETF | 2.64% | 120,448 | $12.3M | Add +2.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.35% | 42,603 | $11.0M | Add +0.9% |
| AAPL Apple Inc. | 2.25% | 38,645 | $10.5M | Reduce -0.4% |
| SMH Vaneck Semiconductor ETF | 2.02% | 26,261 | $9.5M | Reduce -2.2% |
| IEMG iShares Core MSCI Emerging | 1.77% | 123,313 | $8.3M | Add +1.5% |
| BUFR FT Vest Lad Buffervetf-Usd I | 1.56% | 212,427 | $7.3M | Add +0.7% |
| VTI VG Morningstar TS MKT ETF-US | 1.16% | 16,224 | $5.4M | Add +38.7% |
| COST Costco Wholesale Corp. | 1.06% | 5,760 | $5.0M | Add +0.2% |
| JEPI JPMorgan Equity Premium Inco | 1.01% | 82,493 | $4.7M | Add +1.7% |
| BUYW Main Buywrite ETF | 1.01% | 328,498 | $4.7M | Add +1.5% |
| ACWI iShares MSCI Acwi ETF | 0.98% | 32,302 | $4.6M | Reduce -1.9% |
| SILA Sila Realty Trust Inc. | 0.87% | 174,029 | $4.1M | Reduce -8.3% |
| IVW iShares S&P 500 Growth ETF | 0.77% | 29,096 | $3.6M | Reduce -6.4% |
| NVDA Nvidia Corp. | 0.76% | 19,100 | $3.6M | Add +20.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.72% | 4,932 | $3.4M | Reduce -0.0% |
| AGG iShares Core U.S. Aggregate | 0.67% | 31,513 | $3.1M | Reduce -0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.64% | 5,972 | $3.0M | Reduce -5.2% |
| GOOGL Alphabet Inc. Class A | 0.54% | 8,088 | $2.5M | Reduce -0.5% |
| AMZN Amazon.com Inc. | 0.48% | 9,773 | $2.3M | Add +6.8% |
| RDVT Red Violet Inc. | 0.45% | 36,768 | $2.1M | New |
| BPRE Bluerock Private Real Estate | 0.40% | 125,293 | $1.9M | New |
| GOOG Alphabet Inc. Class C | 0.38% | 5,704 | $1.8M | Add +13.5% |
| BA The Boeing Co. | 0.37% | 7,942 | $1.7M | Reduce -6.6% |
| VOO Vanguard S&P 500 ETF | 0.35% | 2,615 | $1.6M | Add +0.0% |
| DNOV FT Vest US Equity Deep Buffe | 0.32% | 31,081 | $1.5M | New |
| TSLA Tesla Inc. | 0.32% | 3,337 | $1.5M | Add +0.8% |
| CVX Chevron Corp. | 0.29% | 9,054 | $1.4M | Reduce -0.6% |
| MARM Ftvestus Max Buff ETF March | 0.29% | 41,182 | $1.4M | No change |
| XLG Invesco S&P 500 Top 50 ETF | 0.26% | 20,381 | $1.2M | No change |
| TDIV FT Nasdaq Tech DVD Index FD | 0.22% | 10,856 | $1.1M | Reduce -2.6% |
| PCAR Paccar Inc. | 0.21% | 8,944 | $979K | Reduce -4.6% |
| HD Home Depot Inc. | 0.20% | 2,720 | $936K | Reduce -4.4% |
| AMD Advanced Micro Devices | 0.20% | 4,268 | $914K | Add +14.0% |
| SBUX Starbucks Corp. | 0.19% | 10,420 | $877K | Reduce -11.2% |
| DECM FT Vest US Eq Max Buf Dec | 0.18% | 26,158 | $859K | Add +120.7% |
| QQQM Invesco Nasdaq 100 ETF | 0.17% | 3,158 | $799K | Reduce -29.4% |
| AVGO Broadcom Inc. | 0.16% | 2,215 | $767K | Add +3.6% |
| DOCT FT Vest U.S. Equity Deep Buf | 0.16% | 17,238 | $763K | New |
| BRK.A Berkshire Hathaway Inc. Class A | 0.16% | 1 | $755K | No change |
| DFEB FT Vest U.S. Equity Deep Buf | 0.16% | 15,768 | $752K | No change |
| META Meta Platforms Inc. Class A | 0.16% | 1,139 | $752K | Reduce -2.1% |
| GMAR FT Vest US Equity Moderate B | 0.14% | 16,039 | $657K | No change |
| CSCO Cisco Systems Inc. | 0.14% | 8,485 | $654K | Add +2.1% |
| NOVM FT Vest US Eq Max Buf Nov | 0.14% | 19,809 | $651K | Add +82.1% |
| DFUS Dimensional US Eq MKT ETF | 0.14% | 8,547 | $634K | No change |
| AMLP Alerian MLP ETF | 0.13% | 13,080 | $615K | New |
| GLD SPDR Gold Shares | 0.13% | 1,533 | $608K | Add +12.1% |
| GAPR FT Vest US Equity Moderate B | 0.13% | 15,173 | $607K | No change |
| OCTM FT Vest US Eq Max Buf Oct | 0.13% | 18,531 | $605K | New |
| ABBV Abbvie Inc. | 0.13% | 2,626 | $600K | Reduce -0.3% |
| DVY iShares Select Dividend ETF | 0.12% | 4,092 | $578K | Reduce -1.5% |
| XMPT Vaneck Cef Muni Income ETF | 0.12% | 26,222 | $574K | Reduce -2.0% |
| CCB Coastal Financial Corp. | 0.12% | 4,865 | $557K | Reduce -73.7% |
| GDEC FT Vest US Equity Moderate B | 0.12% | 14,515 | $549K | No change |
| PFFD Global X US Preferred ETF | 0.11% | 27,712 | $524K | Reduce -1.6% |
| EPRF Innovat S&P Invest GRD Pref | 0.11% | 29,594 | $521K | Reduce -1.6% |
| VYM Vanguard High DVD Yield ETF | 0.11% | 3,587 | $515K | Reduce -1.6% |
| FSK FS KKR Capital Corp. | 0.11% | 33,514 | $496K | New |
| FELG Fidelity Enh LRG Cap GWTH | 0.10% | 11,706 | $488K | No change |
| JPM JPMorgan Chase & Co. | 0.10% | 1,450 | $467K | Reduce -4.5% |
| CI The Cigna Group | 0.10% | 1,652 | $455K | Reduce -0.8% |
| SPBU Allizim BUF15 Uncpd Aloc ETF | 0.10% | 16,105 | $453K | New |
| LLY Eli Lilly & Co. | 0.09% | 396 | $426K | Add +0.3% |
| SOXX iShares Semiconductor ETF | 0.09% | 1,405 | $423K | No change |
| MU Micron Technology Inc. | 0.09% | 1,473 | $420K | Reduce -2.3% |
| VIG Vanguard Dividend Apprec ETF | 0.09% | 1,907 | $419K | Reduce -11.1% |
| ABFL Abacus FCF Leaders ETF | 0.09% | 5,678 | $405K | No change |
| JULM FT Vest US Eq Max Buf July | 0.08% | 11,162 | $375K | No change |
| DDEC FT Vest U.S. Equity Deep Buf | 0.08% | 8,218 | $371K | New |
| WFC Wells Fargo & Co. | 0.08% | 3,893 | $363K | Add +0.8% |
| HYDB iShares High Yield Systemati | 0.08% | 7,578 | $359K | Reduce -1.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.07% | 6,369 | $350K | Reduce -2.4% |
| AMAT Applied Materials Inc. | 0.07% | 1,344 | $345K | Reduce -0.9% |
| HWM Howmet Aerospace Inc. | 0.07% | 1,660 | $340K | Reduce -39.6% |
| PG The Procter & Gamble Co. | 0.07% | 2,312 | $331K | Add +0.1% |
| MCD McDonald's Corp. | 0.07% | 1,047 | $320K | Reduce -1.0% |
| V Visa Inc. Class A | 0.07% | 891 | $312K | Reduce -6.3% |
| BABA Alibaba Group Holding-SP ADR | 0.07% | 2,115 | $310K | Add +6.0% |
| ADP Automatic Data Processing | 0.06% | 1,153 | $297K | Reduce -0.9% |
| IDXX Idexx Laboratories Inc. | 0.06% | 431 | $292K | Add +2.4% |
| SO The Southern Co. | 0.06% | 3,330 | $290K | Reduce -1.7% |
| GJUL FT Vest US Equity Moderate B | 0.06% | 7,020 | $290K | No change |
| GMAY FT Vest U.S. Equity Moderate | 0.06% | 6,981 | $288K | No change |
| GAUG FT Vest US Equity Moderate B | 0.06% | 7,308 | $287K | No change |
| CENX Century Aluminum Company | 0.06% | 7,250 | $284K | No change |
| PGX Invesco Preferred ETF | 0.06% | 25,151 | $283K | Add +1.3% |
| CRM Salesforce Inc. | 0.06% | 1,046 | $277K | Reduce -0.9% |
| UNP Union Pacific Corp. | 0.06% | 1,189 | $275K | Reduce -32.1% |
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -9.7% | 6.08% | −1.36 |
| CCB Coastal Financial Corp. | Reduce -73.7% | 0.12% | −0.32 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.7% | 9.58% | −0.25 |
| SILA Sila Realty Trust Inc. | Reduce -8.3% | 0.87% | −0.18 |
| IVV iShares Core S&P 500 ETF | Reduce -0.0% | 13.20% | −0.12 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.09 |
| SECT Main Sector Rotation ETF | Reduce -0.5% | 5.89% | −0.08 |
| DLR Digital Realty Trust Inc. | Sold out | 0.00% | −0.08 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -29.4% | 0.17% | −0.07 |
| IVW iShares S&P 500 Growth ETF | Reduce -6.4% | 0.77% | −0.06 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -5.2% | 0.64% | −0.06 |
| HD Home Depot Inc. | Reduce -4.4% | 0.20% | −0.05 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.05 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.05 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.05 |
| GFEB FT Vest US Equity Moderate B | Sold out | 0.00% | −0.05 |
| URI United Rentals Inc. | Sold out | 0.00% | −0.05 |
| HWM Howmet Aerospace Inc. | Reduce -39.6% | 0.07% | −0.05 |
| ET Energy Transfer LP | Sold out | 0.00% | −0.04 |
| BA The Boeing Co. | Reduce -6.6% | 0.37% | −0.04 |
| UNP Union Pacific Corp. | Reduce -32.1% | 0.06% | −0.03 |
| AIQ Global X Art Intel & Tech | Reduce -0.7% | 3.45% | −0.03 |
| SBUX Starbucks Corp. | Reduce -11.2% | 0.19% | −0.03 |
| META Meta Platforms Inc. Class A | Reduce -2.1% | 0.16% | −0.03 |
| ACWI iShares MSCI Acwi ETF | Reduce -1.9% | 0.98% | −0.03 |
| QTUM Defiance Quantum ETF | Reduce -1.9% | 3.68% | −0.03 |
| AGG iShares Core U.S. Aggregate | Reduce -0.2% | 0.67% | −0.03 |
| XEVMX Eaton Vance Cal Muni Bond | Sold out | 0.00% | −0.02 |
| TDIV FT Nasdaq Tech DVD Index FD | Reduce -2.6% | 0.22% | −0.02 |
| CVX Chevron Corp. | Reduce -0.6% | 0.29% | −0.02 |
| VIG Vanguard Dividend Apprec ETF | Reduce -11.1% | 0.09% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -18.9% | 0.05% | −0.01 |
| ADP Automatic Data Processing | Reduce -0.9% | 0.06% | −0.01 |
| USIO Usio Inc. | Sold out | 0.00% | −0.01 |
| EPRF Innovat S&P Invest GRD Pref | Reduce -1.6% | 0.11% | −0.01 |
| CI The Cigna Group | Reduce -0.8% | 0.10% | −0.01 |
| SO The Southern Co. | Reduce -1.7% | 0.06% | −0.01 |
| PFFD Global X US Preferred ETF | Reduce -1.6% | 0.11% | −0.01 |
| DVY iShares Select Dividend ETF | Reduce -1.5% | 0.12% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -13.6% | 0.05% | −0.01 |
| XMPT Vaneck Cef Muni Income ETF | Reduce -2.0% | 0.12% | −0.01 |
| ABBV Abbvie Inc. | Reduce -0.3% | 0.13% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.0% | 0.72% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -4.5% | 0.10% | −0.01 |
| V Visa Inc. Class A | Reduce -6.3% | 0.07% | −0.00 |
| HYDB iShares High Yield Systemati | Reduce -1.3% | 0.08% | −0.00 |
| VYM Vanguard High DVD Yield ETF | Reduce -1.6% | 0.11% | −0.00 |
| AFL Aflac Inc. | Reduce -0.8% | 0.05% | −0.00 |
| MCD McDonald's Corp. | Reduce -1.0% | 0.07% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| RDVT Red Violet Inc. | New | 0.45% | +0.45 |
| BPRE Bluerock Private Real Estate | New | 0.40% | +0.40 |
| DNOV FT Vest US Equity Deep Buffe | New | 0.32% | +0.32 |
| VTI VG Morningstar TS MKT ETF-US | Add +38.7% | 1.16% | +0.32 |
| DOCT FT Vest U.S. Equity Deep Buf | New | 0.16% | +0.16 |
| AMLP Alerian MLP ETF | New | 0.13% | +0.13 |
| OCTM FT Vest US Eq Max Buf Oct | New | 0.13% | +0.13 |
| GOOG Alphabet Inc. Class C | Add +13.5% | 0.38% | +0.11 |
| FSK FS KKR Capital Corp. | New | 0.11% | +0.11 |
| NVDA Nvidia Corp. | Add +20.0% | 0.76% | +0.11 |
| DECM FT Vest US Eq Max Buf Dec | Add +120.7% | 0.18% | +0.10 |
| SPBU Allizim BUF15 Uncpd Aloc ETF | New | 0.10% | +0.10 |
| DDEC FT Vest U.S. Equity Deep Buf | New | 0.08% | +0.08 |
| COWZ Pacer US Cash Cows 100 ETF | Add +1.1% | 2.87% | +0.07 |
| NOVM FT Vest US Eq Max Buf Nov | Add +82.1% | 0.14% | +0.06 |
| AMD Advanced Micro Devices | Add +14.0% | 0.20% | +0.06 |
| DBRG Digitalbridge Group Inc. | New | 0.06% | +0.06 |
| PYPL PayPal Holdings Inc. | New | 0.06% | +0.06 |
| IYW iShares Ustechnology ETF | New | 0.05% | +0.05 |
| PHYS Sprott Physical Gold Trust | New | 0.05% | +0.05 |
| IBB iShares Biotechnology ETF | New | 0.05% | +0.05 |
| CAT Caterpillar Inc. | New | 0.05% | +0.05 |
| SLV iShares Silver Trust | New | 0.04% | +0.04 |
| DFAS Dimensional US Small Cap ETF | New | 0.04% | +0.04 |
| AMZN Amazon.com Inc. | Add +6.8% | 0.48% | +0.04 |
| ILPT Industrial Logistics Propert | New | 0.02% | +0.02 |
| LLY Eli Lilly & Co. | Add +0.3% | 0.09% | +0.02 |
| GLD SPDR Gold Shares | Add +12.1% | 0.13% | +0.02 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +0.7% | 2.82% | +0.02 |
| CSCO Cisco Systems Inc. | Add +2.1% | 0.14% | +0.01 |
| AVGO Broadcom Inc. | Add +3.6% | 0.16% | +0.01 |
| WFC Wells Fargo & Co. | Add +0.8% | 0.08% | +0.01 |
| IEMG iShares Core MSCI Emerging | Add +1.5% | 1.77% | +0.00 |
| IDXX Idexx Laboratories Inc. | Add +2.4% | 0.06% | +0.00 |
| NEE Nextera Energy Inc. | Add +0.7% | 0.05% | +0.00 |
| BUFR FT Vest Lad Buffervetf-Usd I | Add +0.7% | 1.56% | −0.00 |
| VOO Vanguard S&P 500 ETF | Add +0.0% | 0.35% | −0.00 |
| PGX Invesco Preferred ETF | Add +1.3% | 0.06% | −0.00 |
| TSLA Tesla Inc. | Add +0.8% | 0.32% | −0.00 |
| PG The Procter & Gamble Co. | Add +0.1% | 0.07% | −0.01 |
| BUYW Main Buywrite ETF | Add +1.5% | 1.01% | −0.01 |
| BABA Alibaba Group Holding-SP ADR | Add +6.0% | 0.07% | −0.01 |
| JEPI JPMorgan Equity Premium Inco | Add +1.7% | 1.01% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.9% | 2.35% | −0.02 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +0.2% | 6.37% | −0.02 |
| FV First Trust DW Focus 5 Fund | Add +1.0% | 5.40% | −0.03 |
| FISV Fiserv Inc. | Add +1.2% | 0.06% | −0.05 |
| BND Vanguard Total Bond Market | Add +1.5% | 2.78% | −0.06 |
| XMHQ Invesco S&P Midcap Qual ETF | Add +2.4% | 2.64% | −0.09 |
| COST Costco Wholesale Corp. | Add +0.2% | 1.06% | −0.11 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 143 | $542.6M | IVV, QQQ, DYNF, QTUM, ACWX |
| Q1 2026 | 123 | $456.9M | IVV, QQQ, DYNF, ACWX, BND |
| Q4 2025 | 128 | $468.0M | IVV, QQQ, DYNF, MSFT, SECT |
| Q3 2025 | 121 | $453.3M | IVV, QQQ, MSFT, DYNF, SECT |
| Q2 2025 | 114 | $417.0M | IVV, QQQ, MSFT, DYNF, SECT |
| Q1 2025 | 109 | $363.7M | IVV, QQQ, MSFT, DYNF, SECT |
| Q4 2024 | 110 | $367.2M | QQQ, IVV, FV, SECT, MSFT |
| Q3 2024 | 113 | $359.8M | QQQ, SECT, FV, IVV, MSFT |
| Q2 2024 | 100 | $325.5M | QQQ, SECT, FV, MSFT, IVV |
| Q1 2024 | 99 | $287.2M | FV, SECT, IVV, QQQ, MSFT |