Main Management ETF Advisors, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Main Management ETF Advisors, LLC reported 115 stock positions worth $2.7 billion. Its top holding was SS Technology Select Sector (XLK) at 25.3% of the portfolio, followed by SS Health Care Select Sector (XLV, 13.9%) and SS Comm Select Sector SPDR (XLC, 9.5%). Compared with Q4 2025, it opened 84 new positions, sold out of 93, added to 20 and reduced 11. The biggest buy was a new position in SS Industrial Select Sector (XLI) and the biggest sale SS Financial Select Sector (XLF, shares −35%).

Most Recent 13F
Q2 2026
Location
SAN FRANCISCO, CA
CIK
0001698607
Portfolio Value
$2.7B (Q1 2026)
SEC Filing
0001698607-26-000003 ↗ filed May 15, 2026

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 Q1 2025 Q2 2025: $2.4B Q2 2025 Q3 2025: $2.7B Q3 2025 Q4 2025: $2.8B Q4 2025 Q1 2026: $2.7B $2.7B Q1 2026 Q2 2026: $3.3B Q2 2026

Holdings 115 stocks · $2.7B
XLK SS Technology Select Sector 25.29% 5,099,787 $677.8M Reduce -7.4%
XLV SS Health Care Select Sector 13.91% 2,543,237 $372.9M Reduce -11.0%
XLC SS Comm Select Sector SPDR 9.49% 2,294,415 $254.4M Reduce -26.6%
XLF SS Financial Select Sector 9.01% 4,888,847 $241.4M Reduce -34.9%
XLY SS Consumer Disc Select Sect 8.46% 2,079,043 $226.6M Reduce -0.0%
XLI SS Industrial Select Sector 8.46% 1,400,899 $226.6M New
VFH Vanguard Financials ETF 4.17% 924,885 $111.7M New
XLB SS Materials Select Sector 3.87% 2,072,875 $103.6M Add +29.2%
IDEV iShares Core MSCI Dev MKTS 2.89% 926,308 $77.4M Add +14.4%
ITB iShares U.S. Home Constructi 2.17% 643,452 $58.3M Reduce -0.0%
IEMG iShares Core MSCI Emerging 1.30% 497,980 $34.7M Add +18.9%
SPEU State Street SPDR Portfolio 0.92% 480,144 $24.6M Add +18.9%
IGV iShares Expanded Tech-Softwa 0.85% 285,736 $22.9M Add +26.7%
ILF iShares Latin America 40 ETF 0.84% 637,164 $22.6M New
VPL Vanguard Ftse Pacific ETF 0.57% 155,805 $15.2M Add +48.4%
SPEM State Street SP PTF Em ETF 0.52% 296,170 $13.9M Add +18.9%
FLCH Franklin Ftse China ETF 0.20% 235,566 $5.3M Add +18.9%
FLCA Franklin Ftse Canada ETF 0.19% 105,123 $5.1M Add +18.9%
PANW Palo Alto Networks Inc. 0.18% 29,507 $4.7M New
YOU Clear Secure Inc. Class A 0.17% 96,571 $4.7M New
LITE Lumentum Holdings Inc. 0.17% 6,334 $4.5M New
CIEN Ciena Corp. 0.15% 10,294 $4.0M New
MU Micron Technology Inc. 0.14% 11,294 $3.8M Reduce -9.8%
KEYS Keysight Technologies Inc. 0.13% 12,608 $3.6M New
GEV GE Vernova Inc. 0.13% 3,960 $3.5M New
SRAD Sportradar Group AG-A 0.13% 205,102 $3.4M New
ADSK Autodesk Inc. 0.13% 14,254 $3.4M New
CRWD CrowdStrike Holdings Inc. Class A 0.12% 7,972 $3.1M Add +1.8%
UBER Uber Technologies Inc. 0.11% 42,762 $3.1M New
AGX Argan Inc. 0.11% 5,541 $3.0M New
PODD Insulet Corp. 0.11% 14,233 $3.0M Add +159.7%
NET Cloudflare Inc. Class A 0.11% 14,234 $2.9M Reduce -66.3%
FTNT Fortinet Inc. 0.11% 35,685 $2.9M New
WWD Woodward Inc. 0.11% 7,920 $2.8M New
AAON Aaon Inc. 0.11% 34,054 $2.8M New
TER Teradyne Inc. 0.11% 9,501 $2.8M New
TLN Talen Energy Corp. 0.10% 8,713 $2.8M New
VRT Vertiv Holdings Co. Class A 0.10% 11,087 $2.8M New
RBRK Rubrik Inc. Class A 0.10% 56,303 $2.8M Reduce -7.8%
VST Vistra Corp. 0.10% 18,214 $2.7M New
MELI MercadoLibre Inc. 0.10% 1,581 $2.7M Add +101.9%
BWXT BWX Technologies Inc. 0.10% 12,673 $2.6M New
ROK Rockwell Automation Inc. 0.10% 7,127 $2.6M New
CEG Constellation Energy 0.10% 9,141 $2.6M New
FICO Fair Isaac Corp. 0.09% 2,374 $2.5M New
TRIXX State St Inst TR MMKT-Prem 0.09% 2,466,707 $2.5M Add +281.0%
HNGE Hinge Health Inc. Class A 0.09% 61,464 $2.4M New
FFIV F5 Inc. 0.09% 7,930 $2.3M New
BSY Bentley Systems Inc. Class B 0.08% 63,824 $2.2M New
VRNS Varonis Systems Inc. 0.08% 96,541 $2.1M New
GGG Graco Inc. 0.08% 24,428 $2.1M New
AXON Axon Enterprise Inc. 0.08% 4,753 $2.0M New
DASH DoorDash Inc. Class A 0.07% 13,396 $2.0M New
VIAV Viavi Solutions Inc. 0.07% 59,888 $2.0M New
VCYT Veracyte Inc. 0.07% 61,769 $2.0M New
ZS Zscaler Inc. 0.07% 13,875 $1.9M Add +10.8%
ONTO Onto Innovation Inc. 0.07% 9,456 $1.9M New
AMD Advanced Micro Devices 0.07% 9,468 $1.9M Add +9.9%
MOD Modine Manufacturing Co. 0.07% 8,713 $1.9M New
TSM Taiwan Semiconductor-SP ADR 0.07% 5,516 $1.9M New
GEN Gen Digital Inc. 0.07% 97,969 $1.8M Add +16.9%
DOCS Doximity Inc. Class A 0.07% 78,397 $1.8M New
TRMB Trimble Inc. 0.07% 27,580 $1.8M New
KRMN Karman Holdings Inc. 0.07% 22,174 $1.8M New
ADI Analog Devices Inc. 0.07% 5,536 $1.8M Add +41.4%
SE Sea Ltd.-ADR 0.07% 21,247 $1.8M Reduce -12.5%
MCO Moody's Corp. 0.06% 3,955 $1.7M New
VEEV Veeva Systems Inc. Class A 0.06% 9,481 $1.7M Add +73.0%
FN Fabrinet 0.06% 3,152 $1.6M New
WAT Waters Corp. 0.06% 5,516 $1.6M New
EXPE Expedia Group Inc. 0.06% 7,092 $1.6M New
CW Curtiss-Wright Corp. 0.06% 2,374 $1.6M New
HAE Haemonetics Corp. 0.06% 28,368 $1.6M New
STX Seagate Technology Holdings 0.06% 3,940 $1.5M New
WDC Western Digital Corp. 0.06% 5,516 $1.5M New
CR Crane Co. 0.06% 8,668 $1.5M New
EFX Equifax Inc. 0.05% 7,915 $1.4M New
JBTM JBT Marel Corp. 0.05% 11,067 $1.4M Add +57.0%
PH Parker Hannifin Corp. 0.05% 1,576 $1.4M New
KTOS Kratos Defense & Security 0.05% 19,800 $1.4M New
QLYS Qualys Inc. 0.05% 15,835 $1.4M New
ESLT Elbit Systems Ltd. 0.05% 1,586 $1.3M New
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.05% 59,100 $1.3M New
MRVL Marvell Technology Inc. 0.05% 13,396 $1.3M New
NFLX Netflix Inc. 0.05% 13,436 $1.3M Add +74.6%
GRMN Garmin Ltd. 0.05% 5,541 $1.3M New
BB Blackberry Ltd. 0.05% 396,287 $1.3M New
NRG NRG Energy Inc. 0.04% 7,920 $1.2M New
AVAV Aerovironment Inc. 0.04% 6,297 $1.2M Reduce -33.0%
TRU Transunion 0.04% 16,618 $1.1M New
PDD PDD Holdings Inc. 0.04% 11,087 $1.1M New
HQY Healthequity Inc. 0.04% 13,451 $1.1M New
DXCM Dexcom Inc. 0.04% 17,336 $1.1M New
ROKU Roku Inc. 0.04% 11,032 $1.0M New
CSW CSW Industrials Inc. 0.04% 3,960 $1.0M New
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.04% 4,748 $1.0M New
RAL Ralliant Corp. 0.04% 24,428 $1.0M New
MTD Mettler-Toledo International 0.04% 793 $1.0M New
A Agilent Technologies Inc. 0.04% 8,668 $988K New
CARG Cargurus Inc. 0.04% 28,368 $966K New
ADP Automatic Data Processing 0.04% 4,748 $965K New
MOG.A Moog Inc. Class A 0.03% 3,167 $927K New
KAI Kadant Inc. 0.03% 3,152 $921K New
HII Huntington Ingalls Industrie 0.03% 2,374 $902K New
ORA Ormat Technologies Inc. 0.03% 7,920 $886K New
PAYX Paychex Inc. 0.03% 9,496 $875K New
CACI Caci International Inc. Class A 0.03% 1,586 $863K New
WAY Waystar Holding Corp. 0.03% 35,460 $855K New
GD General Dynamics Corp. 0.03% 2,374 $815K New
CAE Cae Inc. 0.03% 30,094 $784K New
ISRG Intuitive Surgical Inc. 0.03% 1,576 $727K New
UPWK Upwork Inc. 0.03% 61,464 $674K New
FSLR First Solar Inc. 0.02% 3,167 $625K New
LDOS Leidos Holdings Inc. 0.02% 3,960 $616K New
TYL Tyler Technologies Inc. 0.02% 1,586 $543K New

Portfolio Sells Q4 2025 → Q1 2026
XLF SS Financial Select Sector Reduce -34.9% 9.01% −5.65
XLC SS Comm Select Sector SPDR Reduce -26.6% 9.49% −3.61
XLK SS Technology Select Sector Reduce -7.4% 25.29% −2.96
XLV SS Health Care Select Sector Reduce -11.0% 13.91% −1.85
SMH Vaneck Semiconductor ETF Sold out 0.00% −0.87
XLY SS Consumer Disc Select Sect Reduce -0.0% 8.46% −0.39
KWEB Kranesh Csi China Internet Sold out 0.00% −0.36
EIDO iShares MSCI Indonesia ETF Sold out 0.00% −0.30
NVDA Nvidia Corp. Sold out 0.00% −0.27
NET Cloudflare Inc. Class A Reduce -66.3% 0.11% −0.19
ORCL Oracle Corp. Sold out 0.00% −0.17
AVGO Broadcom Inc. Sold out 0.00% −0.15
SNOW Snowflake Inc. Sold out 0.00% −0.15
NBIS Nebius Group NV Sold out 0.00% −0.14
CRDO Credo Technology Group Holdi Sold out 0.00% −0.12
ALAB Astera Labs Inc. Sold out 0.00% −0.11
COHR Coherent Corp. Sold out 0.00% −0.11
GH Guardant Health Inc. Sold out 0.00% −0.10
MSFT Microsoft Corp. Sold out 0.00% −0.09
ARGX Argenx SE - ADR Sold out 0.00% −0.09
DLO Dlocal Ltd. Sold out 0.00% −0.09
SHOP Shopify Inc. Class A Sold out 0.00% −0.09
KRYS Krystal Biotech Inc. Sold out 0.00% −0.09
SOFI Sofi Technologies Inc. Sold out 0.00% −0.09
ASND Ascendis Pharma A/S Sold out 0.00% −0.08
BBIO Bridgebio Pharma Inc. Sold out 0.00% −0.08
XPEV Xpeng Inc. - ADR Sold out 0.00% −0.08
INSM Insmed Inc. Sold out 0.00% −0.08
CVNA Carvana Co. Sold out 0.00% −0.08
TTWO Take-Two Interactive Softwre Sold out 0.00% −0.08
NTRA Natera Inc. Sold out 0.00% −0.08
CORZ Core Scientific Inc. Sold out 0.00% −0.08
APP AppLovin Corp. Class A Sold out 0.00% −0.08
CYBR Cyberark Software Ltd./Israel Sold out 0.00% −0.07
SAIL Sailpoint Inc. Sold out 0.00% −0.07
GLBE Global-E Online Ltd. Sold out 0.00% −0.07
WGS Genedx Holdings Corp. Sold out 0.00% −0.07
LRCX Lam Research Corp. Sold out 0.00% −0.07
KSPI JSC Kaspi.kz ADR Sold out 0.00% −0.07
RBLX Roblox Corp. Class A Sold out 0.00% −0.07
GMED Globus Medical Inc. Class A Sold out 0.00% −0.07
QBTS D-Wave Quantum Inc. Sold out 0.00% −0.06
PLTR Palantir Technologies Inc. Class A Sold out 0.00% −0.06
GENI Genius Sports Ltd. Sold out 0.00% −0.06
RBRK Rubrik Inc. Class A Reduce -7.8% 0.10% −0.06
FUBO Fubotv Inc. Sold out 0.00% −0.06
NOK Nokia Corp.-Spon ADR Sold out 0.00% −0.06
SERV Serve Robotics Inc. Sold out 0.00% −0.06
NU Nu Holdings Ltd./Cayman Isl-A Sold out 0.00% −0.06
DDOG Datadog Inc. Class A Sold out 0.00% −0.06

Portfolio Buys Q4 2025 → Q1 2026
XLI SS Industrial Select Sector New 8.46% +8.46
VFH Vanguard Financials ETF New 4.17% +4.17
XLB SS Materials Select Sector Add +29.2% 3.87% +1.27
ILF iShares Latin America 40 ETF New 0.84% +0.84
IDEV iShares Core MSCI Dev MKTS Add +14.4% 2.89% +0.51
IEMG iShares Core MSCI Emerging Add +18.9% 1.30% +0.29
VPL Vanguard Ftse Pacific ETF Add +48.4% 0.57% +0.23
PANW Palo Alto Networks Inc. New 0.18% +0.18
YOU Clear Secure Inc. Class A New 0.17% +0.17
SPEU State Street SPDR Portfolio Add +18.9% 0.92% +0.17
LITE Lumentum Holdings Inc. New 0.17% +0.17
CIEN Ciena Corp. New 0.15% +0.15
KEYS Keysight Technologies Inc. New 0.13% +0.13
GEV GE Vernova Inc. New 0.13% +0.13
SRAD Sportradar Group AG-A New 0.13% +0.13
ADSK Autodesk Inc. New 0.13% +0.13
UBER Uber Technologies Inc. New 0.11% +0.11
AGX Argan Inc. New 0.11% +0.11
FTNT Fortinet Inc. New 0.11% +0.11
WWD Woodward Inc. New 0.11% +0.11
AAON Aaon Inc. New 0.11% +0.11
TER Teradyne Inc. New 0.11% +0.11
TLN Talen Energy Corp. New 0.10% +0.10
VRT Vertiv Holdings Co. Class A New 0.10% +0.10
SPEM State Street SP PTF Em ETF Add +18.9% 0.52% +0.10
VST Vistra Corp. New 0.10% +0.10
BWXT BWX Technologies Inc. New 0.10% +0.10
ROK Rockwell Automation Inc. New 0.10% +0.10
CEG Constellation Energy New 0.10% +0.10
FICO Fair Isaac Corp. New 0.09% +0.09
HNGE Hinge Health Inc. Class A New 0.09% +0.09
FFIV F5 Inc. New 0.09% +0.09
BSY Bentley Systems Inc. Class B New 0.08% +0.08
VRNS Varonis Systems Inc. New 0.08% +0.08
GGG Graco Inc. New 0.08% +0.08
AXON Axon Enterprise Inc. New 0.08% +0.08
DASH DoorDash Inc. Class A New 0.07% +0.07
VIAV Viavi Solutions Inc. New 0.07% +0.07
VCYT Veracyte Inc. New 0.07% +0.07
ONTO Onto Innovation Inc. New 0.07% +0.07
MOD Modine Manufacturing Co. New 0.07% +0.07
TSM Taiwan Semiconductor-SP ADR New 0.07% +0.07
TRIXX State St Inst TR MMKT-Prem Add +281.0% 0.09% +0.07
DOCS Doximity Inc. Class A New 0.07% +0.07
TRMB Trimble Inc. New 0.07% +0.07
KRMN Karman Holdings Inc. New 0.07% +0.07
MCO Moody's Corp. New 0.06% +0.06
FN Fabrinet New 0.06% +0.06
WAT Waters Corp. New 0.06% +0.06
EXPE Expedia Group Inc. New 0.06% +0.06

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