Main Management LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 15, 2024), Main Management LLC reported 140 stock positions worth $1.2 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 12.8% of the portfolio, followed by Main Buywrite ETF (BUYW, 7.7%) and SS Comm Select Sector SPDR (XLC, 7.5%). Compared with Q2 2024, it opened 8 new positions, sold out of 12, added to 29 and reduced 42. The biggest buy was Invesco Nasdaq 100 ETF (QQQM, shares +108%) and the biggest sale SS SPDR S&P Regional Bank (KRE, shares −100%).

Most Recent 13F
Q2 2026
Location
SAN FRANCISCO, CA
CIK
0001583092
Portfolio Value
$1.2B (Q3 2024)
SEC Filing
0001583092-24-000015 ↗ filed Nov 15, 2024

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 $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 Q2 2026

Holdings 140 stocks · $1.2B
SPY SS SPDR S&P 500 ETF Trust-US 12.82% 271,655 $155.9M Reduce -0.6%
BUYW Main Buywrite ETF 7.72% 6,732,759 $93.9M Add +5.7%
XLC SS Comm Select Sector SPDR 7.52% 1,011,475 $91.4M Add +0.1%
INTL Main International ETF 6.98% 3,552,597 $84.9M Reduce -7.4%
QQQ Invesco QQQ Trust Series 1 6.71% 167,096 $81.6M Add +15.3%
IJK iShares S&P Mid-Cap 400 Grow 6.33% 837,565 $77.0M Add +0.1%
SMH Vaneck Semiconductor ETF 6.10% 302,377 $74.2M Add +24.0%
SUTXX Schwab US Treasury Money-Ult 4.44% 54,003,939 $54.0M Reduce -1.6%
TMAT Main Thematic Innovation ETF 4.25% 2,903,553 $51.6M Add +1.7%
XLK SS Technology Select Sector 3.91% 210,763 $47.6M Reduce -0.6%
IGV iShares Expanded Tech-Softwa 3.48% 473,256 $42.3M Add +73.9%
QQQM Invesco Nasdaq 100 ETF 3.16% 191,165 $38.4M Add +107.8%
XLV SS Health Care Select Sector 2.76% 217,637 $33.5M Reduce -0.9%
RSP Invesco S&P 500 Equal Weight 2.50% 169,756 $30.4M Add +0.4%
SECT Main Sector Rotation ETF 1.82% 412,524 $22.2M Add +1.4%
VHT Vanguard Health Care ETF 1.65% 70,957 $20.0M Reduce -12.7%
XLU St Sr Utl SL SE SPDR ETF-Usd 1.56% 234,400 $18.9M Reduce -1.0%
ARKG ARK Genomic Revolution ETF 1.38% 655,141 $16.8M Reduce -3.9%
IEFA iShares Core MSCI Eafe ETF 1.27% 197,357 $15.4M Reduce -0.5%
SNSXX Schwab US Treasury Money-Inv 1.14% 13,848,633 $13.8M Reduce -8.4%
IJR iShares Core S&P Small-Cap E 1.12% 116,505 $13.6M Reduce -46.4%
VEU Vanguard Ftse All-World Ex-U 1.10% 211,683 $13.3M Add +0.3%
SHY iShares 1-3 Year Treasury Bo 0.99% 144,573 $12.0M Add +0.7%
XLY SS Consumer Disc Select Sect 0.96% 58,380 $11.7M New
VDE Vanguard Energy ETF 0.88% 87,252 $10.7M Reduce -47.1%
VXUS Vanguard Total Intl Stock 0.88% 164,411 $10.6M Reduce -1.1%
BND Vanguard Total Bond Market 0.85% 137,391 $10.3M Add +0.4%
TLT iShares 20+ Year Treasury BD 0.57% 70,286 $6.9M Reduce -69.6%
XBI SS SPDR S&P Biotech ETF 0.54% 66,560 $6.6M Reduce -74.0%
IGSB iShares 1-5Y Inv Grade Corp. 0.48% 111,002 $5.8M No change
OIH Vaneck Oil Services ETF 0.37% 15,841 $4.5M Reduce -3.6%
VFH Vanguard Financials ETF 0.36% 39,353 $4.3M No change
XLF SS Financial Select Sector 0.34% 91,678 $4.2M Reduce -21.4%
TFLO iShares Treasury Floating Ra 0.28% 68,383 $3.5M Reduce -9.5%
SPTL SS SPDR PF LNG TRM TSY E-Usd 0.23% 98,204 $2.9M Add +0.1%
AGG iShares Core U.S. Aggregate 0.23% 27,545 $2.8M Add +2.1%
VWO Vanguard Ftse Emerging Marke 0.20% 51,784 $2.5M Reduce -12.2%
BIL SS SPDR BB 1-3M T-Bill ETF 0.20% 26,453 $2.4M Add +54.0%
GDX Vaneck Gold Miners ETF 0.19% 59,094 $2.4M No change
VGT Vanguard Info Tech ETF 0.18% 3,806 $2.2M Reduce -5.9%
XLI SS Industrial Select Sector 0.18% 16,347 $2.2M Reduce -23.4%
XLE SS Energy Select Sector 0.13% 18,367 $1.6M Reduce -39.2%
SOXX iShares Semiconductor ETF 0.13% 6,974 $1.6M Add +5.6%
VEA Vanguard Ftse Developed ETF 0.09% 19,886 $1.1M Add +1.4%
VOO Vanguard S&P 500 ETF 0.08% 1,807 $953K No change
ITB iShares U.S. Home Constructi 0.08% 7,215 $917K No change
IWF iShares Russell 1000 Growth 0.07% 2,126 $798K No change
SNOXX Schwab Trsry Obl MNY-Inv 0.05% 644,134 $644K Add +4.8%
SWVXX Schwa Prime Adv Money FD-Inv filed as SCHWAB VALUE ADVANTAGE MONEY INVESTOR SHARES 0.05% 561,737 $562K Add +11.3%
DVY iShares Select Dividend ETF 0.04% 3,505 $473K No change
VYM Vanguard High DVD Yield ETF 0.04% 3,546 $455K No change
ACWX iShares MSCI Acwi Ex US ETF 0.04% 7,671 $439K No change
VCSH Vanguard S/T Corp. Bond ETF 0.03% 4,954 $393K No change
GLD SPDR Gold Shares 0.03% 1,516 $368K No change
VT Vanguard Tot World STK ETF 0.03% 2,926 $350K Reduce -2.8%
VTI VG Morningstar TS MKT ETF-US 0.03% 1,128 $319K Add +0.2%
IJH iShares Core S&P Midcap ETF 0.02% 4,825 $301K No change
USFR Wisdomtree Floating Rate Tre 0.02% 5,320 $267K Reduce -4.0%
IEMG iShares Core MSCI Emerging 0.02% 4,470 $257K No change
SCHB Schwab US Broad Market ETF 0.02% 3,740 $249K No change
GDXJ Vaneck Junior Gold Miners 0.02% 5,019 $245K No change
EEM iShares MSCI Emerging Market 0.02% 5,000 $229K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.02% 807 $213K No change
IWM iShares Russell 2000 ETF 0.02% 956 $211K No change
IVV iShares Core S&P 500 ETF 0.02% 336 $194K Add +43.0%
GSY Invesco Ultra Short Duration 0.01% 3,652 $183K No change
VIG Vanguard Dividend Apprec ETF 0.01% 833 $165K No change
IWO iShares Russell 2000 Growth 0.01% 544 $154K No change
KRE SS SPDR S&P Regional Bank 0.01% 2,637 $149K Reduce -99.6%
AIQ Global X Art Intel & Tech 0.01% 3,894 $145K Reduce -69.1%
XME SS SPDR S&P Metals Mining 0.01% 2,000 $127K Reduce -89.3%
EFA iShares MSCI Eafe ETF 0.01% 1,497 $125K No change
PWZ Invesco California Amt-Free 0.01% 4,871 $122K Reduce -2.4%
CMF iShares California Muni Bond 0.01% 2,093 $122K Reduce -7.1%
FLJP Franklin Ftse Japan ETF 0.01% 3,451 $105K Reduce -1.0%
JPST JPMorgan Ultra-Short Income 0.01% 1,959 $99K No change
ARKF ARK Blockchain & Fintech Inn 0.01% 3,125 $93K Reduce -44.1%
ROBT First Trust Nasdaq Artificia 0.01% 1,904 $83K Reduce -5.4%
FLCH Franklin Ftse China ETF 0.01% 4,064 $82K Add +8.0%
ESPO Vaneck Videogaming Esports 0.01% 1,081 $82K Reduce -46.5%
ONLN Proshares Online Retail ETF 0.01% 1,747 $79K Reduce -38.0%
TAN Invesco Solar ETF 0.01% 1,805 $78K No change
EWN iShares MSCI Netherlands ETF 0.01% 1,379 $70K Add +103.1%
XCEM Columbia Em Core Ex-China 0.01% 2,095 $68K No change
IBB iShares Biotechnology ETF 0.01% 452 $66K No change
FLKR Franklin Ftse South Korea 0.01% 3,063 $65K Add +57.5%
IWB iShares Russell 1000 ETF 0.01% 208 $65K No change
ARKK ARK Innovation ETF 0.01% 1,300 $62K No change
GRID First TRST Nasd Class Edg Sgiif 0.01% 482 $61K Reduce -3.2%
IWD iShares Russell 1000 Value E 0.01% 323 $61K No change
FLIN Franklin Ftse India ETF 0.00% 1,412 $59K Add +26.9%
PAVE Global X US Infrastructure 0.00% 1,439 $59K New
GBTC Grayscale Bitcoin Trust ETF 0.00% 1,100 $56K No change
VGSH Vanguard Short-Term Treasury 0.00% 956 $56K No change
ETHE Grayscale Ethereum Staking E 0.00% 2,494 $55K No change
VB Vanguard Most SM-Cap ETF-Usd 0.00% 229 $54K No change
QTUM Defiance Quantum ETF 0.00% 836 $52K Reduce -53.6%
SKYY First Trust Cloud Computing 0.00% 502 $51K Reduce -10.7%
EWG iShares MSCI Germany ETF 0.00% 1,500 $51K Add +19.2%
EXCHANGE TRADED CONCEPTS TRU 0.00% 3,442 $46K Reduce -53.4%

Show all 140 holdings

Portfolio Sells Q2 2024 → Q3 2024
KRE SS SPDR S&P Regional Bank Reduce -99.6% 0.01% −2.63
XBI SS SPDR S&P Biotech ETF Reduce -74.0% 0.54% −1.42
TLT iShares 20+ Year Treasury BD Reduce -69.6% 0.57% −1.19
VDE Vanguard Energy ETF Reduce -47.1% 0.88% −0.86
IJR iShares Core S&P Small-Cap E Reduce -46.4% 1.12% −0.80
SGUXX Schwab Govt MNY FND-Ult Sold out 0.00% −0.71
INTL Main International ETF Reduce -7.4% 6.98% −0.18
VHT Vanguard Health Care ETF Reduce -12.7% 1.65% −0.14
SCOXX Schwab Trsry Obl MNY-Ult Sold out 0.00% −0.14
SNSXX Schwab US Treasury Money-Inv Reduce -8.4% 1.14% −0.11
SUTXX Schwab US Treasury Money-Ult Reduce -1.6% 4.44% −0.10
XLE SS Energy Select Sector Reduce -39.2% 0.13% −0.10
XME SS SPDR S&P Metals Mining Reduce -89.3% 0.01% −0.08
OIH Vaneck Oil Services ETF Reduce -3.6% 0.37% −0.06
XLK SS Technology Select Sector Reduce -0.6% 3.91% −0.06
XLF SS Financial Select Sector Reduce -21.4% 0.34% −0.06
SNVXX Schwab Govt MNY FND-Inv Sold out 0.00% −0.05
IAI iShares U.S. Broker-Dealers Sold out 0.00% −0.05
XLI SS Industrial Select Sector Reduce -23.4% 0.18% −0.03
TFLO iShares Treasury Floating Ra Reduce -9.5% 0.28% −0.03
NEAR iShares SH Dba ETF Usd Inc. Sold out 0.00% −0.03
AIQ Global X Art Intel & Tech Reduce -69.1% 0.01% −0.03
KWEB Kranesh Csi China Internet Reduce -96.2% 0.00% −0.02
EWH iShares MSCI Hong Kong ETF Sold out 0.00% −0.01
IPO Renaissance Ipo ETF Reduce -95.0% 0.00% −0.01
VWO Vanguard Ftse Emerging Marke Reduce -12.2% 0.20% −0.01
VGT Vanguard Info Tech ETF Reduce -5.9% 0.18% −0.01
ARKF ARK Blockchain & Fintech Inn Reduce -44.1% 0.01% −0.01
QTUM Defiance Quantum ETF Reduce -53.6% 0.00% −0.01
EXCHANGE TRADED CONCEPTS TRU Reduce -53.4% 0.00% −0.00
FLMX Franklin Ftse Mexico ETF Sold out 0.00% −0.00
ESPO Vaneck Videogaming Esports Reduce -46.5% 0.01% −0.00
CLOU Global X Cloud Computing ETF Reduce -55.2% 0.00% −0.00
BOTZ Global X Robotics & Artifici Sold out 0.00% −0.00
EWZ iShares MSCI Brazil ETF Sold out 0.00% −0.00
ONLN Proshares Online Retail ETF Reduce -38.0% 0.01% −0.00
USFR Wisdomtree Floating Rate Tre Reduce -4.0% 0.02% −0.00
INQQ Inqq the India Internet ETF Sold out 0.00% −0.00
CMF iShares California Muni Bond Reduce -7.1% 0.01% −0.00
SKYY First Trust Cloud Computing Reduce -10.7% 0.00% −0.00
ROBT First Trust Nasdaq Artificia Reduce -5.4% 0.01% −0.00
IZRL ARK Israel Innovative Techno Reduce -2.4% 0.00% −0.00
LABU DRXN DLY S&P BT BL 3X ETF-Ui Sold out 0.00% −0.00
PWZ Invesco California Amt-Free Reduce -2.4% 0.01% −0.00
KURE Kraneshares MSCI All China H Sold out 0.00% 0.00
GRID First TRST Nasd Class Edg Sgiif Reduce -3.2% 0.01% +0.00
FLJP Franklin Ftse Japan ETF Reduce -1.0% 0.01% +0.00
VT Vanguard Tot World STK ETF Reduce -2.8% 0.03% +0.00
VXUS Vanguard Total Intl Stock Reduce -1.1% 0.88% +0.05
ARKG ARK Genomic Revolution ETF Reduce -3.9% 1.38% +0.06

Portfolio Buys Q2 2024 → Q3 2024
QQQM Invesco Nasdaq 100 ETF Add +107.8% 3.16% +1.66
IGV iShares Expanded Tech-Softwa Add +73.9% 3.48% +1.52
QQQ Invesco QQQ Trust Series 1 Add +15.3% 6.71% +0.97
XLY SS Consumer Disc Select Sect New 0.96% +0.96
SMH Vaneck Semiconductor ETF Add +24.0% 6.10% +0.85
BUYW Main Buywrite ETF Add +5.7% 7.72% +0.49
XLC SS Comm Select Sector SPDR Add +0.1% 7.52% +0.36
IJK iShares S&P Mid-Cap 400 Grow Add +0.1% 6.33% +0.24
RSP Invesco S&P 500 Equal Weight Add +0.4% 2.50% +0.20
TMAT Main Thematic Innovation ETF Add +1.7% 4.25% +0.18
SECT Main Sector Rotation ETF Add +1.4% 1.82% +0.11
VEU Vanguard Ftse All-World Ex-U Add +0.3% 1.10% +0.07
BIL SS SPDR BB 1-3M T-Bill ETF Add +54.0% 0.20% +0.07
BND Vanguard Total Bond Market Add +0.4% 0.85% +0.03
SHY iShares 1-3 Year Treasury Bo Add +0.7% 0.99% +0.02
SPTL SS SPDR PF LNG TRM TSY E-Usd Add +0.1% 0.23% +0.01
AGG iShares Core U.S. Aggregate Add +2.1% 0.23% +0.01
VEA Vanguard Ftse Developed ETF Add +1.4% 0.09% +0.01
IVV iShares Core S&P 500 ETF Add +43.0% 0.02% +0.01
PAVE Global X US Infrastructure New 0.00% +0.00
SWVXX Schwa Prime Adv Money FD-Inv Add +11.3% 0.05% +0.00
EIS iShares MSCI Israel ETF New 0.00% +0.00
EWN iShares MSCI Netherlands ETF Add +103.1% 0.01% +0.00
SNOXX Schwab Trsry Obl MNY-Inv Add +4.8% 0.05% +0.00
FLKR Franklin Ftse South Korea Add +57.5% 0.01% +0.00
SWGXX Schwab Govt MNY FND-SWP New 0.00% +0.00
FLCH Franklin Ftse China ETF Add +8.0% 0.01% +0.00
FNDX Schwab Fndmntl US LRG Co. ETF New 0.00% +0.00
FLTW Franklin Ftse Taiwan ETF Add +101.0% 0.00% +0.00
VTI VG Morningstar TS MKT ETF-US Add +0.2% 0.03% +0.00
FLIN Franklin Ftse India ETF Add +26.9% 0.00% +0.00
EPOL iShares MSCI Poland ETF Add +66.7% 0.00% +0.00
EWG iShares MSCI Germany ETF Add +19.2% 0.00% +0.00
SCHX Schwab US Large-Cap ETF New 0.00% +0.00
GRAYSCALE ETHEREUM MINI TR E New 0.00% +0.00
RSX Vaneck Russia ETF New 0.00% 0.00
SOXX iShares Semiconductor ETF Add +5.6% 0.13% −0.00

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