Main Management LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Main Management LLC reported 95 stock positions worth $1.5 billion. Its top holding was SS Technology Select Sector (XLK) at 12.8% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 12.0%) and Main Buywrite ETF (BUYW, 9.9%). Compared with Q1 2026, it opened 5 new positions, sold out of 12, added to 26 and reduced 34. The biggest buy was SS Technology Select Sector (XLK, shares +3%) and the biggest sale SS Financial Select Sector (XLF, shares −44%).

Most Recent 13F
Q2 2026
Location
SAN FRANCISCO, CA
CIK
0001583092
Portfolio Value
$1.5B (Q2 2026)
SEC Filing
0001583092-26-000004 ↗ filed Aug 14, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.2B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.2B Q3 2024 Q4 2024: $1.2B Q4 2024 Q1 2025: $1.1B Q1 2025 Q2 2025: $1.3B Q2 2025 Q3 2025: $1.4B Q3 2025 Q4 2025: $1.4B Q4 2025 Q1 2026: $1.4B Q1 2026 Q2 2026: $1.5B $1.5B Q2 2026

Holdings 95 stocks · $1.5B
XLK SS Technology Select Sector 12.75% 996,372 $189.8M Add +3.0%
SPY SS SPDR S&P 500 ETF Trust-US 11.96% 238,454 $178.1M Reduce -0.9%
BUYW Main Buywrite ETF 9.87% 10,166,319 $146.9M Reduce -3.8%
INTL Main International ETF 8.22% 4,001,291 $122.4M Add +0.3%
TMAT Main Thematic Innovation ETF 4.71% 2,230,630 $70.1M Reduce -23.1%
VIS Vanguard Industrials ETF 4.45% 183,975 $66.3M Add +10.4%
QQQM Invesco Nasdaq 100 ETF 3.95% 194,254 $58.9M Add +4.3%
QQQ Invesco QQQ Trust Series 1 3.83% 77,495 $57.1M Reduce 0.0%
XLY SS Consumer Disc Select Sect 3.80% 482,051 $56.5M Reduce -0.5%
XLC SS Comm Select Sector SPDR 3.71% 515,641 $55.2M Reduce -27.1%
XLV SS Health Care Select Sector 3.52% 330,667 $52.5M Reduce -24.2%
XLF SS Financial Select Sector 3.44% 955,766 $51.2M Reduce -43.9%
RSP Invesco S&P 500 Equal Weight 3.00% 210,052 $44.7M Reduce -0.1%
XLU St Sr Utl SL SE SPDR ETF-Usd 2.61% 857,909 $38.9M New
SECT Main Sector Rotation ETF 1.90% 392,324 $28.3M Reduce -1.2%
VEU Vanguard Ftse All-World Ex-U 1.90% 337,364 $28.3M Add +0.9%
XLB SS Materials Select Sector 1.65% 481,735 $24.5M Reduce -0.1%
VGT Vanguard Info Tech ETF 1.57% 195,191 $23.3M Add +2.6%
VFH Vanguard Financials ETF 1.39% 157,223 $20.7M Add +0.1%
XLE SS Energy Select Sector 1.35% 379,701 $20.2M Add +6.6%
VHT Vanguard Health Care ETF 1.24% 61,738 $18.5M Add +0.0%
BND Vanguard Total Bond Market 1.13% 229,943 $16.9M Reduce -0.0%
IEFA iShares Core MSCI Eafe ETF 1.13% 173,576 $16.8M Reduce -0.3%
SGOV iShares 0-3 Month Treasury B 0.83% 123,393 $12.4M Add +0.3%
SUTXX Schwab US Treasury Money-Ult 0.80% 11,868,026 $11.9M Reduce -8.6%
SHY iShares 1-3 Year Treasury Bo 0.74% 133,271 $10.9M Add +0.4%
AGG iShares Core U.S. Aggregate 0.72% 107,886 $10.7M Reduce -0.7%
XLI SS Industrial Select Sector 0.50% 40,232 $7.5M Add +15.8%
VXUS Vanguard Total Intl Stock 0.47% 82,282 $7.0M Add +0.1%
IGSB iShares 1-5Y Inv Grade Corp. 0.37% 106,145 $5.6M Reduce -0.1%
IEMG iShares Core MSCI Emerging 0.30% 54,764 $4.5M Reduce -0.9%
SNSXX Schwab US Treasury Money-Inv 0.30% 4,478,294 $4.5M Reduce -4.0%
IJK iShares S&P Mid-Cap 400 Grow 0.24% 30,144 $3.5M Reduce -3.2%
VWO Vanguard Ftse Emerging Marke 0.21% 51,961 $3.1M Reduce -0.5%
VCR Vanguard Consumer Discre ETF 0.21% 7,741 $3.1M No change
SWVXX Schwa Prime Adv Money FD-Inv filed as SCHWAB PRIME ADVANTAGE MONEY INVESTOR 0.14% 2,015,825 $2.0M Reduce -0.1%
OIH Vaneck Oil Services ETF 0.13% 5,000 $1.9M No change
TFLO iShares Treasury Floating Ra 0.11% 33,720 $1.7M Reduce -1.1%
VEA Vanguard Ftse Developed ETF 0.11% 23,074 $1.6M Add +2.4%
IGV iShares Expanded Tech-Softwa 0.10% 16,202 $1.5M Reduce -79.7%
VOO Vanguard S&P 500 ETF 0.06% 1,391 $955K Reduce -0.7%
ITB iShares U.S. Home Constructi 0.06% 8,051 $841K Reduce -95.1%
ACWX iShares MSCI Acwi Ex US ETF 0.03% 6,657 $507K Reduce -12.4%
VYM Vanguard High DVD Yield ETF 0.03% 3,138 $496K No change
GLD SPDR Gold Shares 0.03% 1,166 $430K No change
VT Vanguard Tot World STK ETF 0.03% 2,498 $392K Reduce -2.8%
VCSH Vanguard S/T Corp. Bond ETF 0.03% 4,954 $392K No change
SMH Vaneck Semiconductor ETF 0.03% 579 $380K Add +1.9%
EEM iShares MSCI Emerging Market 0.02% 5,000 $342K No change
IVV iShares Core S&P 500 ETF 0.02% 428 $321K No change
GDX Vaneck Gold Miners ETF 0.02% 4,000 $302K No change
IWM iShares Russell 2000 ETF 0.02% 939 $282K Add +1.9%
SCHB Schwab US Broad Market ETF 0.02% 9,660 $280K No change
IJH iShares Core S&P Midcap ETF 0.02% 3,000 $231K Reduce -37.8%
BIL SS SPDR BB 1-3M T-Bill ETF 0.01% 2,379 $218K No change
VIG Vanguard Dividend Apprec ETF 0.01% 894 $212K Add +7.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.01% 2,610 $210K Reduce -10.3%
GSY Invesco Ultra Short Duration 0.01% 3,652 $183K No change
GDXJ Vaneck Junior Gold Miners 0.01% 1,764 $173K No change
VTI VG Morningstar TS MKT ETF-US 0.01% 464 $172K Add +0.2%
SNOXX Schwab Trsry Obl MNY-Inv 0.01% 148,851 $149K Add +12.9%
VDE Vanguard Energy ETF 0.01% 950 $143K No change
USFR Wisdomtree Floating Rate Tre 0.01% 2,814 $142K Add +0.9%
EFA iShares MSCI Eafe ETF 0.01% 1,288 $134K Reduce -0.7%
JPST JPMorgan Ultra-Short Income 0.01% 2,495 $126K Add +15.1%
SPEU State Street SPDR Portfolio 0.01% 2,162 $119K Add +4.0%
PWZ Invesco California Amt-Free 0.01% 4,448 $109K Reduce -0.7%
CMF iShares California Muni Bond 0.01% 1,872 $108K Reduce -0.7%
GRID First TRST Nasd Class Edg Sgiif 0.01% 521 $100K Add +6.8%
ILF iShares Latin America 40 ETF 0.01% 2,760 $93K No change
VPL Vanguard Ftse Pacific ETF 0.01% 672 $78K No change
FLCA Franklin Ftse Canada ETF 0.00% 1,270 $65K Add +184.8%
SPEM State Street SP PTF Em ETF 0.00% 1,193 $62K Reduce -6.9%
XBI SS SPDR S&P Biotech ETF 0.00% 330 $52K Reduce -68.0%
SWGXX Schwab Govt MNY FND-SWP 0.00% 49,852 $50K New
URA Global X Uranium ETF 0.00% 1,000 $44K No change
FLKR Franklin Ftse South Korea 0.00% 530 $35K New
ICLN iShares Global Clean Energy 0.00% 1,487 $30K No change
IWR iShares Russell Mid-Cap ETF 0.00% 254 $28K Add +113.5%
FNDX Schwab Fndmntl US LRG Co. ETF 0.00% 720 $22K No change
EZA iShares MSCI South Africa Et 0.00% 326 $21K New
QTUM Defiance Quantum ETF 0.00% 120 $20K No change
CQQQ Invesco China Technology ETF 0.00% 347 $20K No change
ROBT First Trust Nasdaq Artificia 0.00% 342 $19K Add +44.3%
IAU iShares Gold Trust 0.00% 250 $19K No change
ASHR Xtrackers Harvest Csi 300 CH 0.00% 500 $18K No change
ARKF ARK Blockchain & Fintech Inn 0.00% 368 $15K No change
AIQ Global X Art Intel & Tech 0.00% 215 $14K No change
SCHX Schwab US Large-Cap ETF 0.00% 456 $13K No change
ONLN Proshares Online Retail ETF 0.00% 202 $11K No change
ESPO Vaneck Videogaming Esports 0.00% 125 $11K No change
SKYY First Trust Cloud Computing 0.00% 65 $9K No change
CLOU Global X Cloud Computing ETF 0.00% 204 $5K No change
XCEM Columbia Em Core Ex-China 0.00% 60 $3K No change
KWEB Kranesh Csi China Internet 0.00% 100 $2K New

Portfolio Sells Q1 2026 → Q2 2026
XLF SS Financial Select Sector Reduce -43.9% 3.44% −2.68
XLC SS Comm Select Sector SPDR Reduce -27.1% 3.71% −1.99
XLV SS Health Care Select Sector Reduce -24.2% 3.52% −1.13
ITB iShares U.S. Home Constructi Reduce -95.1% 0.06% −1.03
BUYW Main Buywrite ETF Reduce -3.8% 9.87% −0.96
IGV iShares Expanded Tech-Softwa Reduce -79.7% 0.10% −0.37
TMAT Main Thematic Innovation ETF Reduce -23.1% 4.71% −0.19
SUTXX Schwab US Treasury Money-Ult Reduce -8.6% 0.80% −0.15
XLB SS Materials Select Sector Reduce -0.1% 1.65% −0.11
BND Vanguard Total Bond Market Reduce -0.0% 1.13% −0.10
AGG iShares Core U.S. Aggregate Reduce -0.7% 0.72% −0.07
XLY SS Consumer Disc Select Sect Reduce -0.5% 3.80% −0.04
SNSXX Schwab US Treasury Money-Inv Reduce -4.0% 0.30% −0.04
IGSB iShares 1-5Y Inv Grade Corp. Reduce -0.1% 0.37% −0.03
IEFA iShares Core MSCI Eafe ETF Reduce -0.3% 1.13% −0.02
XME SS SPDR S&P Metals Mining Sold out 0.00% −0.02
SWVXX Schwa Prime Adv Money FD-Inv Reduce -0.1% 0.14% −0.01
IWF iShares Russell 1000 Growth Sold out 0.00% −0.01
TFLO iShares Treasury Floating Ra Reduce -1.1% 0.11% −0.01
IJH iShares Core S&P Midcap ETF Reduce -37.8% 0.02% −0.01
XBI SS SPDR S&P Biotech ETF Reduce -68.0% 0.00% −0.01
IWD iShares Russell 1000 Value E Sold out 0.00% −0.01
TAN Invesco Solar ETF Sold out 0.00% −0.00
BTC Grayscale Bitcoin Mini ETF Sold out 0.00% −0.00
ACWX iShares MSCI Acwi Ex US ETF Reduce -12.4% 0.03% −0.00
IBB iShares Biotechnology ETF Sold out 0.00% −0.00
FLCH Franklin Ftse China ETF Sold out 0.00% −0.00
IJR iShares Core S&P Small-Cap E Sold out 0.00% −0.00
SCZ iShares MSCI Eafe Small-Cap Sold out 0.00% −0.00
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -10.3% 0.01% −0.00
OEF iShares S&P 100 ETF Sold out 0.00% −0.00
EMB iShares JP Morgan Usd Emergi Sold out 0.00% −0.00
PWZ Invesco California Amt-Free Reduce -0.7% 0.01% −0.00
CMF iShares California Muni Bond Reduce -0.7% 0.01% −0.00
VTV Vanguard Mrngstr Val ETF-Aui Sold out 0.00% −0.00
EFA iShares MSCI Eafe ETF Reduce -0.7% 0.01% −0.00
SPEM State Street SP PTF Em ETF Reduce -6.9% 0.00% −0.00
VT Vanguard Tot World STK ETF Reduce -2.8% 0.03% +0.00
VWO Vanguard Ftse Emerging Marke Reduce -0.5% 0.21% +0.00
VOO Vanguard S&P 500 ETF Reduce -0.7% 0.06% +0.00
IJK iShares S&P Mid-Cap 400 Grow Reduce -3.2% 0.24% +0.01
IEMG iShares Core MSCI Emerging Reduce -0.9% 0.30% +0.02
RSP Invesco S&P 500 Equal Weight Reduce -0.1% 3.00% +0.07
SECT Main Sector Rotation ETF Reduce -1.2% 1.90% +0.15
QQQ Invesco QQQ Trust Series 1 Reduce 0.0% 3.83% +0.58
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.9% 11.96% +0.58

Portfolio Buys Q1 2026 → Q2 2026
XLK SS Technology Select Sector Add +3.0% 12.75% +3.40
XLU St Sr Utl SL SE SPDR ETF-Usd New 2.61% +2.61
QQQM Invesco Nasdaq 100 ETF Add +4.3% 3.95% +0.73
VIS Vanguard Industrials ETF Add +10.4% 4.45% +0.67
VGT Vanguard Info Tech ETF Add +2.6% 1.57% +0.36
XLI SS Industrial Select Sector Add +15.8% 0.50% +0.09
VEU Vanguard Ftse All-World Ex-U Add +0.9% 1.90% +0.07
VHT Vanguard Health Care ETF Add +0.0% 1.24% +0.02
VXUS Vanguard Total Intl Stock Add +0.1% 0.47% +0.01
SMH Vaneck Semiconductor ETF Add +1.9% 0.03% +0.01
VFH Vanguard Financials ETF Add +0.1% 1.39% +0.01
VEA Vanguard Ftse Developed ETF Add +2.4% 0.11% +0.01
SWGXX Schwab Govt MNY FND-SWP New 0.00% +0.00
FLCA Franklin Ftse Canada ETF Add +184.8% 0.00% +0.00
FLKR Franklin Ftse South Korea New 0.00% +0.00
IWM iShares Russell 2000 ETF Add +1.9% 0.02% +0.00
EZA iShares MSCI South Africa Et New 0.00% +0.00
VIG Vanguard Dividend Apprec ETF Add +7.3% 0.01% +0.00
IWR iShares Russell Mid-Cap ETF Add +113.5% 0.00% +0.00
GRID First TRST Nasd Class Edg Sgiif Add +6.8% 0.01% +0.00
VTI VG Morningstar TS MKT ETF-US Add +0.2% 0.01% +0.00
ROBT First Trust Nasdaq Artificia Add +44.3% 0.00% +0.00
JPST JPMorgan Ultra-Short Income Add +15.1% 0.01% +0.00
SNOXX Schwab Trsry Obl MNY-Inv Add +12.9% 0.01% +0.00
SPEU State Street SPDR Portfolio Add +4.0% 0.01% +0.00
KWEB Kranesh Csi China Internet New 0.00% +0.00
USFR Wisdomtree Floating Rate Tre Add +0.9% 0.01% −0.00
INTL Main International ETF Add +0.3% 8.22% −0.01
SHY iShares 1-3 Year Treasury Bo Add +0.4% 0.74% −0.06
SGOV iShares 0-3 Month Treasury B Add +0.3% 0.83% −0.07
XLE SS Energy Select Sector Add +6.6% 1.35% −0.23

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 95$1.5BXLK, SPY, BUYW, INTL, TMAT
Q1 2026 102$1.4BSPY, BUYW, XLK, INTL, XLF
Q4 2025 104$1.4BSPY, BUYW, XLF, XLV, XLC
Q3 2025 105$1.4BSPY, BUYW, XLC, INTL, XLK
Q2 2025 104$1.3BSPY, BUYW, XLC, INTL, QQQ
Q1 2025 114$1.1BSPY, BUYW, XLC, INTL, QQQ
Q4 2024 134$1.2BSPY, BUYW, XLC, QQQ, INTL
Q3 2024 140$1.2BSPY, BUYW, XLC, INTL, QQQ
Q2 2024 143$1.2BSPY, BUYW, INTL, XLC, IJK
Q1 2024 154$1.2BSPY, INTL, BUYW, XLC, IJK