Madrona Financial Services, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 14, 2026), Madrona Financial Services, LLC reported 123 stock positions worth $456.9 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 11.6% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 8.3%) and Ishrs US E F R A ETF-Usd (DYNF, 5.2%). Compared with Q4 2025, it opened 8 new positions, sold out of 13, added to 39 and reduced 49. The biggest buy was a new position in SS Energy Select Sector (XLE) and the biggest sale Main Sector Rotation ETF (SECT, shares −40%).

Most Recent 13F
Q2 2026
Location
EVERETT, WA
CIK
0001578370
Portfolio Value
$456.9M (Q1 2026)
SEC Filing
0001578370-26-000003 ↗ filed Apr 14, 2026

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $287.2M Q1 2024 Q2 2024: $325.5M Q2 2024 Q3 2024: $359.8M Q3 2024 Q4 2024: $367.2M Q4 2024 Q1 2025: $363.7M Q1 2025 Q2 2025: $417.0M Q2 2025 Q3 2025: $453.3M Q3 2025 Q4 2025: $468.0M Q4 2025 Q1 2026: $456.9M $456.9M Q1 2026 Q2 2026: $542.6M Q2 2026

Holdings 123 stocks · $456.9M
IVV iShares Core S&P 500 ETF 11.63% 81,322 $53.1M Reduce -9.8%
QQQ Invesco QQQ Trust Series 1 8.25% 65,335 $37.7M Reduce -10.5%
DYNF Ishrs US E F R A ETF-Usd Inc. 5.21% 408,912 $23.8M Reduce -16.6%
ACWX iShares MSCI Acwi Ex US ETF 4.22% 281,781 $19.3M Add +43.3%
BND Vanguard Total Bond Market 4.06% 251,636 $18.5M Add +43.3%
MSFT Microsoft Corp. 3.96% 48,912 $18.1M Reduce -16.8%
XBI SS SPDR S&P Biotech ETF 3.69% 132,038 $16.9M Add +4.0%
COWZ Pacer US Cash Cows 100 ETF 3.48% 254,064 $15.9M Add +13.9%
IEMG iShares Core MSCI Emerging 3.43% 224,549 $15.7M Add +82.1%
SECT Main Sector Rotation ETF 3.38% 255,600 $15.4M Reduce -40.2%
AIQ Global X Art Intel & Tech 3.31% 324,089 $15.1M Add +2.1%
FV First Trust DW Focus 5 Fund 3.27% 247,584 $15.0M Reduce -38.4%
QTUM Defiance Quantum ETF 3.22% 137,219 $14.7M Reduce -12.7%
BUYW Main Buywrite ETF 2.90% 939,919 $13.2M Add +186.1%
XMHQ Invesco S&P Midcap Qual ETF 2.88% 127,158 $13.1M Add +5.6%
VB Vanguard Most SM-Cap ETF-Usd 2.42% 42,216 $11.1M Reduce -0.9%
XLE SS Energy Select Sector 2.36% 175,834 $10.8M New
AAPL Apple Inc. 2.19% 39,450 $10.0M Add +2.1%
BUFR FT Vest Lad Buffervetf-Usd I 1.81% 245,078 $8.3M Add +15.4%
SMH Vaneck Semiconductor ETF 1.76% 20,958 $8.0M Reduce -20.2%
JEPI JPMorgan Equity Premium Inco 1.67% 134,600 $7.6M Add +63.2%
URA Global X Uranium ETF 1.37% 128,909 $6.2M New
COST Costco Wholesale Corp. 1.22% 5,585 $5.6M Reduce -3.0%
VTI VG Morningstar TS MKT ETF-US 1.02% 14,530 $4.7M Reduce -10.4%
ACWI iShares MSCI Acwi ETF 0.98% 32,218 $4.5M Reduce -0.3%
SILA Sila Realty Trust Inc. 0.89% 170,762 $4.0M Reduce -1.9%
NVDA Nvidia Corp. 0.76% 19,829 $3.5M Add +3.8%
SPY SS SPDR S&P 500 ETF Trust-US 0.63% 4,451 $2.9M Reduce -9.8%
BRK.B Berkshire Hathaway Inc. Class B 0.63% 5,990 $2.9M Add +0.3%
AGG iShares Core U.S. Aggregate 0.61% 27,862 $2.8M Reduce -11.6%
GOOGL Alphabet Inc. Class A 0.52% 8,307 $2.4M Add +2.7%
IVW iShares S&P 500 Growth ETF 0.51% 20,610 $2.3M Reduce -29.2%
GFEB FT Vest US Equity Moderate B 0.46% 51,530 $2.1M New
FEBM FT Vest US Eq Max Buf Feb 0.45% 67,680 $2.1M New
BPRE Bluerock Private Real Estate 0.44% 121,063 $2.0M Reduce -3.4%
AMZN Amazon.com Inc. 0.44% 9,554 $2.0M Reduce -2.2%
CVX Chevron Corp. 0.41% 9,088 $1.9M Add +0.4%
MARM Ftvestus Max Buff ETF March 0.38% 51,822 $1.7M Add +25.8%
BA The Boeing Co. 0.35% 7,970 $1.6M Add +0.3%
VOO Vanguard S&P 500 ETF 0.34% 2,588 $1.5M Reduce -1.0%
GOOG Alphabet Inc. Class C 0.34% 5,388 $1.5M Reduce -5.5%
DNOV FT Vest US Equity Deep Buffe 0.33% 31,081 $1.5M No change
RDVT Red Violet Inc. 0.28% 37,333 $1.3M Add +1.5%
TSLA Tesla Inc. 0.25% 3,120 $1.2M Reduce -6.5%
HD Home Depot Inc. 0.23% 3,192 $1.0M Add +17.4%
XLG Invesco S&P 500 Top 50 ETF 0.23% 19,175 $1.0M Reduce -5.9%
DFEB FT Vest U.S. Equity Deep Buf 0.22% 21,533 $1.0M Add +36.6%
PCAR Paccar Inc. 0.22% 8,791 $1.0M Reduce -1.7%
GMAR FT Vest US Equity Moderate B 0.21% 22,979 $958K Add +43.3%
SBUX Starbucks Corp. 0.19% 9,883 $885K Reduce -5.2%
SPBU Allizim BUF15 Uncpd Aloc ETF 0.19% 31,712 $862K Add +96.9%
DECM FT Vest US Eq Max Buf Dec 0.19% 26,158 $855K No change
AMD Advanced Micro Devices 0.18% 4,031 $820K Reduce -5.5%
DOCT FT Vest U.S. Equity Deep Buf 0.16% 17,238 $749K No change
BRK.A Berkshire Hathaway Inc. Class A 0.16% 1 $718K No change
CSCO Cisco Systems Inc. 0.15% 8,618 $669K Add +1.6%
AVGO Broadcom Inc. 0.15% 2,148 $665K Reduce -3.0%
QQQM Invesco Nasdaq 100 ETF 0.14% 2,753 $654K Reduce -12.8%
NOVM FT Vest US Eq Max Buf Nov 0.14% 19,749 $646K Reduce -0.3%
GLD SPDR Gold Shares 0.14% 1,496 $644K Reduce -2.4%
META Meta Platforms Inc. Class A 0.14% 1,083 $619K Reduce -4.9%
GAPR FT Vest US Equity Moderate B 0.13% 15,173 $614K No change
DFUS Dimensional US Eq MKT ETF 0.13% 8,547 $606K No change
OCTM FT Vest US Eq Max Buf Oct 0.13% 18,531 $603K No change
ABBV Abbvie Inc. 0.13% 2,665 $580K Add +1.5%
TDIV FT Nasdaq Tech DVD Index FD 0.12% 6,075 $569K Reduce -44.0%
GDEC FT Vest US Equity Moderate B 0.12% 14,515 $537K No change
MU Micron Technology Inc. 0.11% 1,527 $516K Add +3.7%
SOXX iShares Semiconductor ETF 0.11% 1,545 $508K Add +10.0%
JPM JPMorgan Chase & Co. 0.10% 1,502 $442K Add +3.6%
CI The Cigna Group 0.10% 1,649 $440K Reduce -0.2%
FELG Fidelity Enh LRG Cap GWTH 0.10% 11,706 $439K No change
VIG Vanguard Dividend Apprec ETF 0.09% 1,907 $410K No change
ABFL Abacus FCF Leaders ETF 0.09% 5,678 $404K No change
AMAT Applied Materials Inc. 0.09% 1,164 $398K Reduce -13.4%
JULM FT Vest US Eq Max Buf July 0.08% 11,162 $375K No change
CCB Coastal Financial Corp. 0.08% 4,865 $370K No change
DDEC FT Vest U.S. Equity Deep Buf 0.08% 8,218 $364K No change
XMPT Vaneck Cef Muni Income ETF 0.07% 15,578 $335K Reduce -40.6%
MCD McDonald's Corp. 0.07% 1,074 $334K Add +2.6%
SO The Southern Co. 0.07% 3,354 $324K Add +0.7%
LLY Eli Lilly & Co. 0.07% 351 $323K Reduce -11.4%
JNJ Johnson & Johnson 0.07% 1,288 $315K Add +3.6%
INTC Intel Corp. 0.07% 7,104 $314K Add +3.5%
SLV iShares Silver Trust 0.07% 4,575 $312K Add +42.3%
HWM Howmet Aerospace Inc. 0.07% 1,348 $311K Reduce -18.8%
WFC Wells Fargo & Co. 0.07% 3,898 $310K Add +0.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.07% 6,289 $307K Reduce -1.3%
PG The Procter & Gamble Co. 0.07% 2,079 $300K Reduce -10.1%
WMT Walmart Inc. 0.06% 2,339 $291K Add +0.3%
UNP Union Pacific Corp. 0.06% 1,189 $288K No change
GJUL FT Vest US Equity Moderate B 0.06% 7,020 $286K No change
GAUG FT Vest US Equity Moderate B 0.06% 7,308 $283K No change
MPC Marathon Petroleum Corp. 0.06% 1,149 $281K Reduce -9.2%
DVY iShares Select Dividend ETF 0.06% 1,801 $273K Reduce -56.0%
TRV The Travelers Cos Inc. 0.06% 917 $267K Add +0.8%
PYPL PayPal Holdings Inc. 0.06% 5,897 $267K Add +33.5%
BABA Alibaba Group Holding-SP ADR 0.06% 2,115 $265K No change
VEA Vanguard Ftse Developed ETF 0.06% 4,096 $262K Add +16.3%
AUGM FT Vest US Eq Max Buf Aug 0.06% 7,717 $261K No change
NEAR iShares SH Dba ETF Usd Inc. 0.06% 5,135 $261K No change
XOM Exxon Mobil Corp. 0.06% 1,522 $258K New
CAT Caterpillar Inc. 0.06% 364 $258K Reduce -2.9%
NEE Nextera Energy Inc. 0.06% 2,735 $254K Add +1.1%
PFFD Global X US Preferred ETF 0.05% 13,617 $251K Reduce -50.9%
ADP Automatic Data Processing 0.05% 1,186 $241K Add +2.9%
VYM Vanguard High DVD Yield ETF 0.05% 1,584 $235K Reduce -55.8%
V Visa Inc. Class A 0.05% 766 $232K Reduce -14.0%
AFL Aflac Inc. 0.05% 2,080 $228K Reduce -0.3%
IJR iShares Core S&P Small-Cap E 0.05% 1,800 $224K No change
IBB iShares Biotechnology ETF 0.05% 1,300 $220K No change
CENX Century Aluminum Company 0.05% 3,680 $216K Reduce -49.2%
FISV Fiserv Inc. 0.05% 3,860 $215K Reduce -1.2%
QMAR FT Vest Nasdaq-100 Buffer Et 0.05% 6,250 $210K No change
APXM FT Vest US Eq Max Buf Apr 0.05% 6,704 $210K No change
LMT Lockheed Martin Corp. 0.05% 344 $208K New
DFAS Dimensional US Small Cap ETF 0.05% 2,899 $206K No change
JANM FT Vest US Eq Max Buf Jan 0.04% 6,107 $200K New
BAX Baxter International Inc. 0.04% 11,715 $197K New
FSK FS KKR Capital Corp. 0.04% 18,430 $188K Reduce -45.0%
PGX Invesco Preferred ETF 0.04% 16,542 $180K Reduce -34.2%
CRON Cronos Group Inc. 0.03% 50,000 $126K No change
TLRY Tilray Brands Inc. 0.01% 10,000 $65K No change

Portfolio Sells Q4 2025 → Q1 2026
SECT Main Sector Rotation ETF Reduce -40.2% 3.38% −2.51
FV First Trust DW Focus 5 Fund Reduce -38.4% 3.27% −2.13
MSFT Microsoft Corp. Reduce -16.8% 3.96% −2.12
IVV iShares Core S&P 500 ETF Reduce -9.8% 11.63% −1.58
QQQ Invesco QQQ Trust Series 1 Reduce -10.5% 8.25% −1.33
DYNF Ishrs US E F R A ETF-Usd Inc. Reduce -16.6% 5.21% −1.16
QTUM Defiance Quantum ETF Reduce -12.7% 3.22% −0.46
SMH Vaneck Semiconductor ETF Reduce -20.2% 1.76% −0.26
IVW iShares S&P 500 Growth ETF Reduce -29.2% 0.51% −0.26
VTI VG Morningstar TS MKT ETF-US Reduce -10.4% 1.02% −0.14
AMLP Alerian MLP ETF Sold out 0.00% −0.13
EPRF Innovat S&P Invest GRD Pref Sold out 0.00% −0.11
TDIV FT Nasdaq Tech DVD Index FD Reduce -44.0% 0.12% −0.10
SPY SS SPDR S&P 500 ETF Trust-US Reduce -9.8% 0.63% −0.09
HYDB iShares High Yield Systemati Sold out 0.00% −0.08
AGG iShares Core U.S. Aggregate Reduce -11.6% 0.61% −0.07
TSLA Tesla Inc. Reduce -6.5% 0.25% −0.07
FSK FS KKR Capital Corp. Reduce -45.0% 0.04% −0.07
DVY iShares Select Dividend ETF Reduce -56.0% 0.06% −0.06
IDXX Idexx Laboratories Inc. Sold out 0.00% −0.06
GMAY FT Vest U.S. Equity Moderate Sold out 0.00% −0.06
CRM Salesforce Inc. Sold out 0.00% −0.06
VYM Vanguard High DVD Yield ETF Reduce -55.8% 0.05% −0.06
IDV iShares International Select Sold out 0.00% −0.06
PFFD Global X US Preferred ETF Reduce -50.9% 0.05% −0.06
DBRG Digitalbridge Group Inc. Sold out 0.00% −0.06
IYW iShares Ustechnology ETF Sold out 0.00% −0.05
XMPT Vaneck Cef Muni Income ETF Reduce -40.6% 0.07% −0.05
PHYS Sprott Physical Gold Trust Sold out 0.00% −0.05
AMZN Amazon.com Inc. Reduce -2.2% 0.44% −0.05
QCOM Qualcomm Inc. Sold out 0.00% −0.05
GOOG Alphabet Inc. Class C Reduce -5.5% 0.34% −0.04
DES Wisdomtree US Smallcap Divid Sold out 0.00% −0.04
XLG Invesco S&P 500 Top 50 ETF Reduce -5.9% 0.23% −0.03
QQQM Invesco Nasdaq 100 ETF Reduce -12.8% 0.14% −0.03
META Meta Platforms Inc. Class A Reduce -4.9% 0.14% −0.03
ILPT Industrial Logistics Propert Sold out 0.00% −0.02
PGX Invesco Preferred ETF Reduce -34.2% 0.04% −0.02
LLY Eli Lilly & Co. Reduce -11.4% 0.07% −0.02
AVGO Broadcom Inc. Reduce -3.0% 0.15% −0.02
V Visa Inc. Class A Reduce -14.0% 0.05% −0.02
AMD Advanced Micro Devices Reduce -5.5% 0.18% −0.02
CENX Century Aluminum Company Reduce -49.2% 0.05% −0.01
VOO Vanguard S&P 500 ETF Reduce -1.0% 0.34% −0.01
FISV Fiserv Inc. Reduce -1.2% 0.05% −0.01
BAC Bank of America Corp. Reduce -1.3% 0.07% −0.01
PG The Procter & Gamble Co. Reduce -10.1% 0.07% −0.01
HWM Howmet Aerospace Inc. Reduce -18.8% 0.07% −0.00
CI The Cigna Group Reduce -0.2% 0.10% −0.00
ACWI iShares MSCI Acwi ETF Reduce -0.3% 0.98% −0.00

Portfolio Buys Q4 2025 → Q1 2026
XLE SS Energy Select Sector New 2.36% +2.36
BUYW Main Buywrite ETF Add +186.1% 2.90% +1.89
IEMG iShares Core MSCI Emerging Add +82.1% 3.43% +1.66
ACWX iShares MSCI Acwi Ex US ETF Add +43.3% 4.22% +1.40
URA Global X Uranium ETF New 1.37% +1.37
BND Vanguard Total Bond Market Add +43.3% 4.06% +1.28
JEPI JPMorgan Equity Premium Inco Add +63.2% 1.67% +0.66
COWZ Pacer US Cash Cows 100 ETF Add +13.9% 3.48% +0.61
GFEB FT Vest US Equity Moderate B New 0.46% +0.46
FEBM FT Vest US Eq Max Buf Feb New 0.45% +0.45
XBI SS SPDR S&P Biotech ETF Add +4.0% 3.69% +0.38
BUFR FT Vest Lad Buffervetf-Usd I Add +15.4% 1.81% +0.26
XMHQ Invesco S&P Midcap Qual ETF Add +5.6% 2.88% +0.24
CVX Chevron Corp. Add +0.4% 0.41% +0.12
SPBU Allizim BUF15 Uncpd Aloc ETF Add +96.9% 0.19% +0.09
MARM Ftvestus Max Buff ETF March Add +25.8% 0.38% +0.09
GMAR FT Vest US Equity Moderate B Add +43.3% 0.21% +0.07
DFEB FT Vest U.S. Equity Deep Buf Add +36.6% 0.22% +0.06
XOM Exxon Mobil Corp. New 0.06% +0.06
LMT Lockheed Martin Corp. New 0.05% +0.05
JANM FT Vest US Eq Max Buf Jan New 0.04% +0.04
BAX Baxter International Inc. New 0.04% +0.04
HD Home Depot Inc. Add +17.4% 0.23% +0.03
SLV iShares Silver Trust Add +42.3% 0.07% +0.02
MU Micron Technology Inc. Add +3.7% 0.11% +0.02
SOXX iShares Semiconductor ETF Add +10.0% 0.11% +0.02
INTC Intel Corp. Add +3.5% 0.07% +0.01
JNJ Johnson & Johnson Add +3.6% 0.07% +0.01
VEA Vanguard Ftse Developed ETF Add +16.3% 0.06% +0.01
NEE Nextera Energy Inc. Add +1.1% 0.06% +0.01
SO The Southern Co. Add +0.7% 0.07% +0.01
WMT Walmart Inc. Add +0.3% 0.06% +0.01
CSCO Cisco Systems Inc. Add +1.6% 0.15% +0.01
MCD McDonald's Corp. Add +2.6% 0.07% +0.00
PYPL PayPal Holdings Inc. Add +33.5% 0.06% +0.00
TRV The Travelers Cos Inc. Add +0.8% 0.06% +0.00
ABBV Abbvie Inc. Add +1.5% 0.13% −0.00
JPM JPMorgan Chase & Co. Add +3.6% 0.10% −0.00
NVDA Nvidia Corp. Add +3.8% 0.76% −0.00
WFC Wells Fargo & Co. Add +0.1% 0.07% −0.01
ADP Automatic Data Processing Add +2.9% 0.05% −0.01
BRK.B Berkshire Hathaway Inc. Class B Add +0.3% 0.63% −0.01
GOOGL Alphabet Inc. Class A Add +2.7% 0.52% −0.02
BA The Boeing Co. Add +0.3% 0.35% −0.02
AAPL Apple Inc. Add +2.1% 2.19% −0.05
AIQ Global X Art Intel & Tech Add +2.1% 3.31% −0.14
RDVT Red Violet Inc. Add +1.5% 0.28% −0.16

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 143$542.6MIVV, QQQ, DYNF, QTUM, ACWX
Q1 2026 123$456.9MIVV, QQQ, DYNF, ACWX, BND
Q4 2025 128$468.0MIVV, QQQ, DYNF, MSFT, SECT
Q3 2025 121$453.3MIVV, QQQ, MSFT, DYNF, SECT
Q2 2025 114$417.0MIVV, QQQ, MSFT, DYNF, SECT
Q1 2025 109$363.7MIVV, QQQ, MSFT, DYNF, SECT
Q4 2024 110$367.2MQQQ, IVV, FV, SECT, MSFT
Q3 2024 113$359.8MQQQ, SECT, FV, IVV, MSFT
Q2 2024 100$325.5MQQQ, SECT, FV, MSFT, IVV
Q1 2024 99$287.2MFV, SECT, IVV, QQQ, MSFT