Main Management ETF Advisors, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Main Management ETF Advisors, LLC reported 138 stock positions worth $2.1 billion. Its top holding was iShares Core S&P Small-Cap E (IJR) at 16.6% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 13.8%) and SS SPDR S&P Regional Bank (KRE, 9.6%). Compared with Q4 2024, it opened 79 new positions, sold out of 88, added to 28 and reduced 29. The biggest buy was a new position in iShares Core MSCI Dev MKTS (IDEV) and the biggest sale an exit from SS Consumer Disc Select Sect (XLY).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001698607
- Portfolio Value
- $2.1B (Q1 2025)
- SEC Filing
- 0001583092-25-000007 ↗ filed May 15, 2025
Holdings Value
Holdings 138 stocks · $2.1B
| IJR iShares Core S&P Small-Cap E | 16.56% | 726,530 | $340.7M | Reduce -10.2% |
| QQQ Invesco QQQ Trust Series 1 | 13.78% | 2,939,770 | $283.5M | Add +289.3% |
| KRE SS SPDR S&P Regional Bank | 9.63% | 936,990 | $198.1M | Reduce -3.1% |
| IJK iShares S&P Mid-Cap 400 Grow | 9.48% | 2,341,865 | $195.0M | Reduce -3.8% |
| XLC SS Comm Select Sector SPDR | 8.95% | 892,215 | $184.2M | Reduce -70.8% |
| XLK SS Technology Select Sector | 7.24% | 1,019,510 | $148.9M | Add +10.3% |
| IGV iShares Expanded Tech-Softwa | 7.15% | 1,652,970 | $147.1M | Reduce -3.5% |
| SMH Vaneck Semiconductor ETF | 6.79% | 2,803,140 | $139.6M | Add +188.2% |
| XLV SS Health Care Select Sector | 4.60% | 479,745 | $94.7M | Reduce -20.1% |
| IBB iShares Biotechnology ETF | 3.81% | 612,180 | $78.3M | No change |
| IDEV iShares Core MSCI Dev MKTS | 2.35% | 700,650 | $48.3M | New |
| IEMG iShares Core MSCI Emerging | 0.99% | 378,870 | $20.4M | New |
| SPEU State Street SPDR Portfolio | 0.76% | 355,515 | $15.6M | New |
| KWEB Kranesh Csi China Internet | 0.59% | 347,730 | $12.1M | New |
| SPEM State Street SP PTF Em ETF | 0.37% | 194,625 | $7.7M | New |
| VPL Vanguard Ftse Pacific ETF | 0.32% | 90,825 | $6.6M | New |
| FLMX Franklin Ftse Mexico ETF | 0.29% | 238,740 | $6.0M | New |
| NVDA Nvidia Corp. | 0.22% | 41,818 | $4.5M | Reduce -3.7% |
| PLTR Palantir Technologies Inc. Class A | 0.21% | 51,912 | $4.4M | New |
| AVGO Broadcom Inc. | 0.14% | 17,304 | $2.9M | Add +62.0% |
| FLCA Franklin Ftse Canada ETF | 0.14% | 77,850 | $2.9M | New |
| NET Cloudflare Inc. Class A | 0.13% | 24,514 | $2.8M | New |
| META Meta Platforms Inc. Class A | 0.12% | 4,326 | $2.5M | Reduce -39.2% |
| SNOW Snowflake Inc. | 0.12% | 16,583 | $2.4M | New |
| RBLX Roblox Corp. Class A | 0.11% | 37,492 | $2.2M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.10% | 12,978 | $2.2M | Reduce -46.4% |
| SE Sea Ltd.-ADR | 0.10% | 15,141 | $2.0M | New |
| AMD Advanced Micro Devices | 0.09% | 18,746 | $1.9M | New |
| UPST Upstart Holdings Inc. | 0.09% | 41,097 | $1.9M | New |
| CACI Caci International Inc. Class A | 0.09% | 5,047 | $1.9M | New |
| HOOD Robinhood Markets Inc. Class A | 0.09% | 43,981 | $1.8M | Reduce -40.0% |
| RBRK Rubrik Inc. Class A | 0.09% | 28,840 | $1.8M | New |
| GWRE Guidewire Software Inc. | 0.09% | 9,373 | $1.8M | New |
| APP AppLovin Corp. Class A | 0.08% | 6,489 | $1.7M | Reduce -68.6% |
| MSFT Microsoft Corp. | 0.08% | 4,326 | $1.6M | New |
| ORCL Oracle Corp. | 0.08% | 11,536 | $1.6M | New |
| LMND Lemonade Inc. | 0.08% | 50,470 | $1.6M | Add +47.7% |
| TTWO Take-Two Interactive Softwre | 0.07% | 7,210 | $1.5M | Add +44.7% |
| GENI Genius Sports Ltd. | 0.07% | 143,470 | $1.4M | Add +21.4% |
| MRVL Marvell Technology Inc. | 0.07% | 23,072 | $1.4M | New |
| SRAD Sportradar Group AG-A | 0.07% | 63,439 | $1.4M | New |
| VNET Vnet Group Inc.-ADR | 0.07% | 165,812 | $1.4M | New |
| EA Electronic Arts Inc. | 0.07% | 9,373 | $1.4M | Add +64.5% |
| NTES Netease Inc.-ADR | 0.06% | 12,978 | $1.3M | New |
| CHKP Check Point Software Tech | 0.06% | 5,768 | $1.3M | New |
| AFRM Affirm Holdings Inc. | 0.06% | 28,840 | $1.3M | Reduce -51.2% |
| CIFR Cipher Digital Inc. | 0.06% | 542,868 | $1.2M | New |
| LNWO Light & Wonder Inc. | 0.06% | 14,420 | $1.2M | Add +84.1% |
| HPE Hewlett Packard Enterprise | 0.06% | 80,019 | $1.2M | New |
| DLO Dlocal Ltd. | 0.06% | 144,191 | $1.2M | Add +41.6% |
| QBTS D-Wave Quantum Inc. | 0.06% | 152,122 | $1.2M | New |
| ZS Zscaler Inc. | 0.06% | 5,768 | $1.1M | New |
| CHDN Churchill Downs Inc. | 0.05% | 10,094 | $1.1M | New |
| DKNG Draftkings Inc. Class A | 0.05% | 32,445 | $1.1M | Add +47.0% |
| IBKR Interactive Brokers Gro Class A | 0.05% | 6,489 | $1.1M | Add +1.3% |
| RDDT Reddit Inc. Class A | 0.05% | 10,094 | $1.1M | New |
| GLBE Global-E Online Ltd. | 0.05% | 29,561 | $1.1M | Reduce -34.1% |
| FTNT Fortinet Inc. | 0.05% | 10,815 | $1.0M | New |
| IONQ Ionq Inc. | 0.05% | 46,865 | $1.0M | Reduce -76.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.05% | 2,884 | $1.0M | New |
| G Genpact Ltd. | 0.05% | 20,188 | $1.0M | New |
| STNE Stoneco Ltd. Class A | 0.05% | 96,602 | $1.0M | New |
| V Visa Inc. Class A | 0.05% | 2,884 | $1.0M | New |
| QLYS Qualys Inc. | 0.05% | 7,931 | $999K | Add +39.2% |
| ICE Intercontinental Exchange Inc. | 0.05% | 5,768 | $995K | Add +15.7% |
| GEN Gen Digital Inc. | 0.05% | 37,492 | $995K | New |
| PANW Palo Alto Networks Inc. | 0.05% | 5,768 | $984K | New |
| CYBR Cyberark Software Ltd./Israel | 0.05% | 2,884 | $975K | New |
| JNPR Juniper Networks Inc. | 0.05% | 26,677 | $965K | New |
| AKAM Akamai Technologies Inc. | 0.05% | 11,536 | $929K | New |
| ANSS Ansys Inc. | 0.04% | 2,884 | $913K | Reduce -42.1% |
| RSI Rush Street Interactive Inc. | 0.04% | 85,069 | $912K | New |
| KRYS Krystal Biotech Inc. | 0.04% | 5,047 | $910K | Add +41.8% |
| LSCC Lattice Semiconductor Corp. | 0.04% | 17,304 | $908K | New |
| HSAI Hesai Group | 0.04% | 61,276 | $907K | Reduce -66.1% |
| TXN Texas Instruments Inc. | 0.04% | 5,047 | $907K | Reduce -58.3% |
| ASND Ascendis Pharma A/S | 0.04% | 5,768 | $899K | Add +1.3% |
| RIOT Riot Platforms Inc. | 0.04% | 125,445 | $893K | New |
| GH Guardant Health Inc. | 0.04% | 20,909 | $891K | New |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 0.04% | 9,373 | $870K | Add +64.5% |
| ALAB Astera Labs Inc. | 0.04% | 14,420 | $860K | Reduce -11.9% |
| ARGX Argenx SE - ADR | 0.04% | 1,442 | $853K | New |
| S Sentinelone Inc. Class A | 0.04% | 46,141 | $839K | New |
| MCHP Microchip Technology Inc. | 0.04% | 17,304 | $838K | New |
| DOCS Doximity Inc. Class A | 0.04% | 14,420 | $837K | New |
| NIO Nio Inc. - ADR | 0.04% | 218,445 | $832K | Add +19.9% |
| ADBE Adobe Inc. | 0.04% | 2,163 | $830K | New |
| BCRX Biocryst Pharmaceuticals Inc. | 0.04% | 110,304 | $827K | New |
| MU Micron Technology Inc. | 0.04% | 9,373 | $814K | Reduce -56.1% |
| ML Moneylion Inc. | 0.04% | 9,373 | $811K | New |
| FISV Fiserv Inc. | 0.04% | 3,605 | $796K | New |
| MA Mastercard Inc. Class A | 0.04% | 1,442 | $790K | New |
| BBIO Bridgebio Pharma Inc. | 0.04% | 22,351 | $773K | New |
| LGND Ligand Pharmaceuticals | 0.04% | 7,210 | $758K | New |
| SHOP Shopify Inc. Class A | 0.04% | 7,931 | $757K | New |
| RXRX Recursion Pharmaceuticals-A | 0.04% | 140,586 | $744K | New |
| ARE Alexandria Real Estate Equit | 0.04% | 7,931 | $734K | Add +23.8% |
| EPAM Epam Systems Inc. | 0.04% | 4,326 | $730K | New |
| DLR Digital Realty Trust Inc. | 0.04% | 5,047 | $723K | Add +1.3% |
| TLN Talen Energy Corp. | 0.04% | 3,605 | $720K | New |
Portfolio Sells Q4 2024 → Q1 2025
| XLY SS Consumer Disc Select Sect | Sold out | 0.00% | −5.06 |
| XLC SS Comm Select Sector SPDR | Reduce -70.8% | 8.95% | −4.43 |
| FLJP Franklin Ftse Japan ETF | Sold out | 0.00% | −0.77 |
| FLCH Franklin Ftse China ETF | Sold out | 0.00% | −0.64 |
| IGV iShares Expanded Tech-Softwa | Reduce -3.5% | 7.15% | −0.63 |
| EIS iShares MSCI Israel ETF | Sold out | 0.00% | −0.62 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -3.8% | 9.48% | −0.56 |
| FLTW Franklin Ftse Taiwan ETF | Sold out | 0.00% | −0.49 |
| EWN iShares MSCI Netherlands ETF | Sold out | 0.00% | −0.47 |
| FLKR Franklin Ftse South Korea | Sold out | 0.00% | −0.41 |
| FLIN Franklin Ftse India ETF | Sold out | 0.00% | −0.38 |
| EWG iShares MSCI Germany ETF | Sold out | 0.00% | −0.38 |
| IONQ Ionq Inc. | Reduce -76.1% | 0.05% | −0.32 |
| EPOL iShares MSCI Poland ETF | Sold out | 0.00% | −0.23 |
| APP AppLovin Corp. Class A | Reduce -68.6% | 0.08% | −0.22 |
| SCJ iShares MSCI Japan Small-Cap | Sold out | 0.00% | −0.20 |
| SMIN iShares MSCI India Small-Cap | Sold out | 0.00% | −0.17 |
| FLGR Franklin Ftse Germany ETF | Sold out | 0.00% | −0.15 |
| RKLB Rocket Lab USA Inc. | Reduce -75.1% | 0.03% | −0.14 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -46.4% | 0.10% | −0.11 |
| AFRM Affirm Holdings Inc. | Reduce -51.2% | 0.06% | −0.10 |
| KTOS Kratos Defense & Security | Sold out | 0.00% | −0.08 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.07 |
| HSAI Hesai Group | Reduce -66.1% | 0.04% | −0.07 |
| META Meta Platforms Inc. Class A | Reduce -39.2% | 0.12% | −0.07 |
| MBLY Mobileye Global Inc. Class A | Sold out | 0.00% | −0.07 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.06 |
| APLD Applied Digital Corp. | Sold out | 0.00% | −0.06 |
| MKSI MKS Inc. | Sold out | 0.00% | −0.06 |
| GLBE Global-E Online Ltd. | Reduce -34.1% | 0.05% | −0.06 |
| TXN Texas Instruments Inc. | Reduce -58.3% | 0.04% | −0.06 |
| PAY Paymentus Holdings Inc. Class A | Sold out | 0.00% | −0.06 |
| ALAB Astera Labs Inc. | Reduce -11.9% | 0.04% | −0.06 |
| ARM Arm Holdings PLC-ADR | Reduce -58.6% | 0.03% | −0.05 |
| BE Bloom Energy Corp. Class A | Sold out | 0.00% | −0.05 |
| WK Workiva Inc. | Sold out | 0.00% | −0.05 |
| STM Stmicroelectronics NV-NY SHS | Sold out | 0.00% | −0.05 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.05 |
| BLND Blend Labs Inc. Class A | Sold out | 0.00% | −0.05 |
| PAYC Paycom Software Inc. | Sold out | 0.00% | −0.05 |
| PCTY Paylocity Holding Corp. | Sold out | 0.00% | −0.05 |
| NVDA Nvidia Corp. | Reduce -3.7% | 0.22% | −0.04 |
| EME Emcor Group Inc. | Sold out | 0.00% | −0.04 |
| BILI Bilibili Inc.-Sponsored ADR | Sold out | 0.00% | −0.04 |
| CPAY Corpay Inc. | Sold out | 0.00% | −0.04 |
| NTNX Nutanix Inc. Class A | Sold out | 0.00% | −0.04 |
| HQY Healthequity Inc. | Sold out | 0.00% | −0.04 |
| ACHR Archer Aviation Inc. Class A | Reduce -42.8% | 0.03% | −0.04 |
| HRI Herc Holdings Inc. | Sold out | 0.00% | −0.04 |
| MU Micron Technology Inc. | Reduce -56.1% | 0.04% | −0.04 |
Portfolio Buys Q4 2024 → Q1 2025
| IDEV iShares Core MSCI Dev MKTS | New | 2.35% | +2.35 |
| IEMG iShares Core MSCI Emerging | New | 0.99% | +0.99 |
| SPEU State Street SPDR Portfolio | New | 0.76% | +0.76 |
| KWEB Kranesh Csi China Internet | New | 0.59% | +0.59 |
| SPEM State Street SP PTF Em ETF | New | 0.37% | +0.37 |
| VPL Vanguard Ftse Pacific ETF | New | 0.32% | +0.32 |
| FLMX Franklin Ftse Mexico ETF | New | 0.29% | +0.29 |
| PLTR Palantir Technologies Inc. Class A | New | 0.21% | +0.21 |
| FLCA Franklin Ftse Canada ETF | New | 0.14% | +0.14 |
| NET Cloudflare Inc. Class A | New | 0.13% | +0.13 |
| SNOW Snowflake Inc. | New | 0.12% | +0.12 |
| RBLX Roblox Corp. Class A | New | 0.11% | +0.11 |
| SE Sea Ltd.-ADR | New | 0.10% | +0.10 |
| AMD Advanced Micro Devices | New | 0.09% | +0.09 |
| UPST Upstart Holdings Inc. | New | 0.09% | +0.09 |
| CACI Caci International Inc. Class A | New | 0.09% | +0.09 |
| RBRK Rubrik Inc. Class A | New | 0.09% | +0.09 |
| GWRE Guidewire Software Inc. | New | 0.09% | +0.09 |
| MSFT Microsoft Corp. | New | 0.08% | +0.08 |
| ORCL Oracle Corp. | New | 0.08% | +0.08 |
| MRVL Marvell Technology Inc. | New | 0.07% | +0.07 |
| SRAD Sportradar Group AG-A | New | 0.07% | +0.07 |
| VNET Vnet Group Inc.-ADR | New | 0.07% | +0.07 |
| NTES Netease Inc.-ADR | New | 0.06% | +0.06 |
| CHKP Check Point Software Tech | New | 0.06% | +0.06 |
| CIFR Cipher Digital Inc. | New | 0.06% | +0.06 |
| HPE Hewlett Packard Enterprise | New | 0.06% | +0.06 |
| QBTS D-Wave Quantum Inc. | New | 0.06% | +0.06 |
| ZS Zscaler Inc. | New | 0.06% | +0.06 |
| CHDN Churchill Downs Inc. | New | 0.05% | +0.05 |
| RDDT Reddit Inc. Class A | New | 0.05% | +0.05 |
| FTNT Fortinet Inc. | New | 0.05% | +0.05 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.05% | +0.05 |
| G Genpact Ltd. | New | 0.05% | +0.05 |
| STNE Stoneco Ltd. Class A | New | 0.05% | +0.05 |
| V Visa Inc. Class A | New | 0.05% | +0.05 |
| GEN Gen Digital Inc. | New | 0.05% | +0.05 |
| PANW Palo Alto Networks Inc. | New | 0.05% | +0.05 |
| CYBR Cyberark Software Ltd./Israel | New | 0.05% | +0.05 |
| JNPR Juniper Networks Inc. | New | 0.05% | +0.05 |
| AKAM Akamai Technologies Inc. | New | 0.05% | +0.05 |
| RSI Rush Street Interactive Inc. | New | 0.04% | +0.04 |
| LSCC Lattice Semiconductor Corp. | New | 0.04% | +0.04 |
| RIOT Riot Platforms Inc. | New | 0.04% | +0.04 |
| GH Guardant Health Inc. | New | 0.04% | +0.04 |
| ARGX Argenx SE - ADR | New | 0.04% | +0.04 |
| S Sentinelone Inc. Class A | New | 0.04% | +0.04 |
| DOCS Doximity Inc. Class A | New | 0.04% | +0.04 |
| MCHP Microchip Technology Inc. | New | 0.04% | +0.04 |
| ADBE Adobe Inc. | New | 0.04% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 103 | $3.3B | XLK, XLF, XLI, XLY, QQQM |
| Q1 2026 | 115 | $2.7B | XLK, XLV, XLC, XLF, XLY |
| Q4 2025 | 124 | $2.8B | XLK, XLV, XLF, XLC, XLY |
| Q3 2025 | 122 | $2.7B | XLK, XLC, XLV, XLF, XLY |
| Q2 2025 | 136 | $2.4B | QQQ, XLC, XLF, SMH, XLK |
| Q1 2025 | 138 | $2.1B | IJR, QQQ, KRE, IJK, XLC |
| Q4 2024 | 147 | $2.2B | QQQ, XLC, SMH, IJK, XLK |
| Q3 2024 | 150 | $2.1B | QQQ, IJK, XLC, SMH, XLK |
| Q2 2024 | 39 | $2.0B | QQQ, IJK, XLC, XLK, SMH |
| Q1 2024 | 41 | $1.9B | IJK, XLC, QQQ, XLK, SMH |