Main Management Fund Advisors LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Main Management Fund Advisors LLC reported 6 stock positions worth $682.3 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 49.8% of the portfolio, followed by Vaneck Semiconductor ETF (SMH, 11.5%) and Invesco Nasdaq 100 ETF (QQQM, 10.8%). Compared with Q4 2024, it opened 1 new position, sold out of 1 and added to 5. The biggest buy was a new position in iShares Core S&P 500 ETF (IVV) and the biggest sale an exit from SS SPDR S&P 500 ETF Trust-US (SPY).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001862787
- Portfolio Value
- $682.3M (Q1 2025)
- SEC Filing
- 0001583092-25-000008 ↗ filed May 15, 2025
Holdings Value
Holdings 6 stocks · $682.3M
| IVV iShares Core S&P 500 ETF | 49.77% | 604,400 | $339.6M | New |
| SMH Vaneck Semiconductor ETF | 11.48% | 370,500 | $78.3M | Add +9.4% |
| QQQM Invesco Nasdaq 100 ETF | 10.75% | 380,100 | $73.4M | Add +9.7% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 9.88% | 855,200 | $67.4M | Add +12.3% |
| XLC SS Comm Select Sector SPDR | 9.64% | 682,000 | $65.8M | Add +10.4% |
| XLY SS Consumer Disc Select Sect | 8.47% | 292,500 | $57.8M | Add +10.5% |
Portfolio Sells Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −49.35 |
Portfolio Buys Q4 2024 → Q1 2025
| IVV iShares Core S&P 500 ETF | New | 49.77% | +49.77 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +12.3% | 9.88% | +1.09 |
| XLC SS Comm Select Sector SPDR | Add +10.4% | 9.64% | +0.51 |
| QQQM Invesco Nasdaq 100 ETF | Add +9.7% | 10.75% | −0.38 |
| XLY SS Consumer Disc Select Sect | Add +10.5% | 8.47% | −0.60 |
| SMH Vaneck Semiconductor ETF | Add +9.4% | 11.48% | −1.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 8 | $1.4B | SPYM, IVV, QQQM, XLE, XLU |
| Q1 2026 | 6 | $1.2B | IVV, BKLC, STIP, QQQM, XLC |
| Q4 2025 | 7 | $1.1B | IVV, BKLC, XLF, XLC, QQQM |
| Q3 2025 | 8 | $1.0B | IVV, BKLC, XLC, SMH, XLU |
| Q2 2025 | 6 | $838.6M | IVV, SMH, QQQM, XLC, XLU |
| Q1 2025 | 6 | $682.3M | IVV, SMH, QQQM, XLU, XLC |
| Q4 2024 | 6 | $655.0M | SPY, SMH, QQQM, XLC, XLY |
| Q3 2024 | 5 | $583.2M | SPY, SMH, XLC, XLU, QQQM |
| Q2 2024 | 6 | $555.1M | SPY, SMH, XLC, XBI, XLU |
| Q1 2024 | 6 | $491.9M | SPY, SMH, XBI, XLC, XLU |