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

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $1.9B Q1 2024 Q2 2024: $2.0B Q2 2024 Q3 2024: $2.1B Q3 2024 Q4 2024: $2.2B Q4 2024 Q1 2025: $2.1B $2.1B Q1 2025 Q2 2025: $2.4B Q2 2025 Q3 2025: $2.7B Q3 2025 Q4 2025: $2.8B Q4 2025 Q1 2026: $2.7B Q1 2026 Q2 2026: $3.3B Q2 2026

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
ACHR Archer Aviation Inc. Class A 0.03% 100,931 $718K Reduce -42.8%
BWXT BWX Technologies Inc. 0.03% 7,207 $711K New
GPN Global Payments Inc. 0.03% 7,210 $706K New
ARM Arm Holdings PLC-ADR 0.03% 6,489 $693K Reduce -58.6%
GTLB Gitlab Inc. Class A 0.03% 14,420 $678K New
KVYO Klaviyo Inc. Class A 0.03% 22,351 $676K Reduce -23.4%
PRCT Procept Biorobotics Corp. 0.03% 11,536 $672K Reduce -4.7%
CRSP Crispr Therapeutics AG 0.03% 19,467 $662K Add +43.9%
RKLB Rocket Lab USA Inc. 0.03% 36,822 $658K Reduce -75.1%
FOUR SHIFT4 Payments Inc. Class A 0.03% 7,931 $648K Reduce -30.4%
DDOG Datadog Inc. Class A 0.03% 6,489 $644K New
CDNA Caredx Inc. 0.03% 36,050 $640K Reduce -12.7%
NTAP Netapp Inc. 0.03% 7,210 $633K Add +12.5%
MDB Mongodb Inc. 0.03% 3,605 $632K New
IREN Iren Ltd. filed as IREN LIMITED 0.03% 103,812 $632K Add +25.7%
ANET Arista Networks Inc. 0.03% 7,931 $614K New
NTRA Natera Inc. 0.03% 4,326 $612K New
LLY Eli Lilly & Co. 0.03% 721 $595K Add +1.3%
AI C3.AI Inc. Class A 0.03% 28,119 $592K New
RVLV Revolve Group Inc. Class A 0.03% 27,395 $589K New
QURE Uniqure NV 0.03% 55,508 $588K New
CORZ Core Scientific Inc. 0.03% 80,743 $585K Reduce -2.2%
SYM Symbotic Inc. 0.03% 28,840 $583K Reduce -30.2%
CAN Canaan Inc. 0.03% 632,975 $556K New
WULF Terawulf Inc. 0.03% 198,257 $541K Add +15.5%
ACVA Acv Auctions Inc. Class A 0.03% 38,213 $538K Reduce -13.4%
BHVN Biohaven Ltd. 0.03% 21,630 $520K New
HUT Hut 8 Corp. 0.02% 43,981 $511K New
IMNM Immunome Inc. 0.02% 75,696 $509K New
RCKT Rocket Pharmaceuticals Inc. 0.02% 74,972 $500K Add +150.7%
BTDR Bitdeer Technologies Group-A 0.02% 56,229 $497K New
CRDO Credo Technology Group Holdi 0.02% 11,536 $463K New
LPRO Open Lending Corp. 0.02% 158,602 $438K Add +25.1%
SRPT Sarepta Therapeutics Inc. 0.02% 6,489 $414K Add +30.2%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.02% 7,210 $395K New
SERV Serve Robotics Inc. 0.01% 50,470 $290K New
CRGX Cargo Therapeutics Inc. 0.01% 64,160 $261K New
BIL SS SPDR BB 1-3M T-Bill ETF 0.00% 150 $14K No change

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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 103$3.3BXLK, XLF, XLI, XLY, QQQM
Q1 2026 115$2.7BXLK, XLV, XLC, XLF, XLY
Q4 2025 124$2.8BXLK, XLV, XLF, XLC, XLY
Q3 2025 122$2.7BXLK, XLC, XLV, XLF, XLY
Q2 2025 136$2.4BQQQ, XLC, XLF, SMH, XLK
Q1 2025 138$2.1BIJR, QQQ, KRE, IJK, XLC
Q4 2024 147$2.2BQQQ, XLC, SMH, IJK, XLK
Q3 2024 150$2.1BQQQ, IJK, XLC, SMH, XLK
Q2 2024 39$2.0BQQQ, IJK, XLC, XLK, SMH
Q1 2024 41$1.9BIJK, XLC, QQQ, XLK, SMH