Potomac Fund Management Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed October 2, 2025), Potomac Fund Management Inc. reported 72 stock positions worth $227.5 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 20.3% of the portfolio, followed by Main Sector Rotation ETF (SECT, 15.5%) and Vanguard Emerg MKTS Gov BND (VWOB, 7.6%). Compared with Q4 2024, it opened 4 new positions, sold out of 28, added to 47 and reduced 21. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +11%) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- BETHESDA, MD
- CIK
- 0000826000
- Portfolio Value
- $227.5M (Q1 2025)
- SEC Filing
- 0000826000-25-000009 ↗ filed Oct 2, 2025
Holdings Value
Holdings 72 stocks · $227.5M
| QQQ Invesco QQQ Trust Series 1 | 20.34% | 98,669 | $46.3M | Add +10.7% |
| SECT Main Sector Rotation ETF | 15.53% | 754,095 | $35.3M | Add +3.3% |
| VWOB Vanguard Emerg MKTS Gov BND | 7.60% | 269,193 | $17.3M | New |
| EMB iShares JP Morgan Usd Emergi | 7.59% | 190,658 | $17.3M | New |
| USHY iShares Broad Usd High Yield | 7.56% | 467,101 | $17.2M | Reduce -46.4% |
| SPHY SS SPDR P High Yield ETF | 7.54% | 732,526 | $17.2M | New |
| TQQQ Proshares Ultrapro QQQ | 6.57% | 260,997 | $15.0M | Add +43.7% |
| BUYW Main Buywrite ETF | 2.37% | 412,694 | $5.4M | Add +46.3% |
| EDGF 3EDGE Dynamic Fixed Incm ETF | 1.09% | 100,068 | $2.5M | Add +182.9% |
| GILD Gilead Sciences Inc. | 0.94% | 20,456 | $2.1M | Add +5.7% |
| MSFT Microsoft Corp. | 0.91% | 5,787 | $2.1M | Add +11.9% |
| MCD McDonald's Corp. | 0.84% | 6,196 | $1.9M | Add +11.8% |
| JPM JPMorgan Chase & Co. | 0.83% | 8,273 | $1.9M | Add +5.7% |
| WFC Wells Fargo & Co. | 0.80% | 28,550 | $1.8M | Add +2.4% |
| PG The Procter & Gamble Co. | 0.79% | 10,864 | $1.8M | Add +12.7% |
| SHEL Shell PLC-ADR | 0.76% | 26,818 | $1.7M | Add +13.1% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.76% | 5,382 | $1.7M | Add +14.0% |
| TMAT Main Thematic Innovation ETF | 0.75% | 103,630 | $1.7M | Add +1.2% |
| LHX L3HARRIS Technologies Inc. | 0.74% | 7,891 | $1.7M | Add +15.1% |
| HD Home Depot Inc. | 0.74% | 4,860 | $1.7M | Add +11.8% |
| HON Honeywell International Inc. | 0.73% | 8,533 | $1.7M | Add +11.9% |
| ACN Accenture PLC Class A | 0.69% | 5,596 | $1.6M | Add +13.3% |
| CMCSA Comcast Corp. Class A | 0.66% | 44,968 | $1.5M | Add +15.0% |
| DD Dupont DE Nemours Inc. | 0.61% | 23,209 | $1.4M | Add +13.0% |
| CVX Chevron Corp. | 0.56% | 9,531 | $1.3M | Add +6.9% |
| EDGH 3EDGE Dynamic Hard Asset ETF | 0.56% | 47,594 | $1.3M | Add +155.3% |
| IVV iShares Core S&P 500 ETF | 0.49% | 2,147 | $1.1M | Reduce -99.8% |
| USB US Bancorp | 0.48% | 29,183 | $1.1M | Add +13.1% |
| PNC PNC Financial Services Group | 0.46% | 7,042 | $1.1M | Add +11.8% |
| EQIX Equinix Inc. | 0.46% | 1,354 | $1.0M | Add +10.4% |
| PEP Pepsico Inc. | 0.45% | 7,188 | $1.0M | Add +18.3% |
| UPS United Parcel Service Class B | 0.45% | 10,585 | $1.0M | Add +11.8% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.43% | 16,816 | $981K | Add +17.1% |
| COP Conocophillips | 0.41% | 10,726 | $939K | Add +16.5% |
| EDGU 3EDGE US Equity | 0.39% | 39,517 | $886K | Add +24.3% |
| AGG iShares Core U.S. Aggregate | 0.38% | 8,773 | $853K | Reduce -12.5% |
| SHY iShares 1-3 Year Treasury Bo | 0.36% | 9,771 | $808K | Reduce -17.1% |
| VEA Vanguard Ftse Developed ETF | 0.35% | 15,679 | $792K | Reduce -12.7% |
| TFLO iShares Treasury Floating Ra | 0.32% | 14,401 | $728K | Reduce -21.7% |
| JNJ Johnson & Johnson | 0.31% | 4,535 | $712K | Add +5.0% |
| EDGI 3EDGE Dyna I National Eq ETF | 0.25% | 24,682 | $577K | Add +129.5% |
| MCHP Microchip Technology Inc. | 0.25% | 14,234 | $561K | Add +10.6% |
| IAU iShares Gold Trust | 0.24% | 8,598 | $555K | Reduce -26.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.24% | 1,608 | $550K | Reduce -11.1% |
| STIP iShares 0-5 Year Tips Bond E | 0.24% | 5,209 | $535K | Reduce -13.6% |
| VMBS Vanguard Mortgage-Backed Sec | 0.23% | 11,656 | $530K | Reduce -4.5% |
| EVRG Evergy Inc. | 0.23% | 7,850 | $526K | Add +8.9% |
| BNDX Vanguard Total Intl Bond ETF | 0.23% | 10,592 | $521K | Add +1.8% |
| DEO Diageo PLC-Sponsored ADR | 0.23% | 4,710 | $517K | Add +15.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.22% | 3,169 | $503K | Reduce -12.2% |
| BSV Vanguard Short-Term Bond ETF | 0.22% | 6,354 | $497K | Add +1.9% |
| SRE Sempra | 0.21% | 6,916 | $487K | Add +17.8% |
| EMN Eastman Chemical Co. | 0.19% | 5,543 | $426K | Add +11.7% |
| EAGG iShares ESG Aware US Aggrega | 0.17% | 8,403 | $392K | Reduce -2.0% |
| V Visa Inc. Class A | 0.17% | 1,180 | $378K | Add +13.8% |
| IEI iShares 3-7 Year Treasury Bo | 0.16% | 3,133 | $370K | Reduce -10.1% |
| SNPE Xtrckr S&P 500 Scor&scrn ETF | 0.15% | 7,503 | $346K | Reduce -9.7% |
| MA Mastercard Inc. Class A | 0.15% | 656 | $334K | Add +10.4% |
| IJH iShares Core S&P Midcap ETF | 0.14% | 5,927 | $318K | Reduce -15.4% |
| IJR iShares Core S&P Small-Cap E | 0.14% | 3,316 | $313K | Reduce -13.6% |
| XLV SS Health Care Select Sector | 0.13% | 2,282 | $303K | Reduce -17.3% |
| VWO Vanguard Ftse Emerging Marke | 0.13% | 6,853 | $297K | Reduce -13.1% |
| ORCL Oracle Corp. | 0.13% | 2,362 | $290K | Add +35.8% |
| LLY Eli Lilly & Co. | 0.12% | 346 | $283K | New |
| GOOG Alphabet Inc. Class C | 0.12% | 1,809 | $271K | Reduce -15.9% |
| SHOP Shopify Inc. Class A | 0.11% | 2,970 | $242K | Add +10.9% |
| XAR SS SPDR S&P Aerospace Def | 0.11% | 1,507 | $240K | Reduce -16.6% |
| ZTS Zoetis Inc. | 0.10% | 1,605 | $236K | Add +29.3% |
| BIV Vanguard Intermediate-Term B | 0.10% | 3,028 | $229K | Add +0.6% |
| SPIB SS SPDR P Int C Corp. ETF | 0.10% | 6,911 | $227K | Reduce -10.0% |
| BLV Vanguard Long-Term Bond ETF | 0.10% | 3,331 | $223K | Add +0.9% |
| TMO Thermo Fisher Scientific Inc. | 0.09% | 482 | $203K | Add +12.1% |
Portfolio Sells Q4 2024 → Q1 2025
| IVV iShares Core S&P 500 ETF | Reduce -99.8% | 0.49% | −50.13 |
| SPXL Direxion Daily S&P 500 Bull | Sold out | 0.00% | −23.94 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Sold out | 0.00% | −4.31 |
| UUP Invesco DB US Dollar Index B | Sold out | 0.00% | −0.92 |
| CWB SS SPDR BB Conv Sec ETF | Sold out | 0.00% | −0.91 |
| DXJ Wisdomtree Japan Hedged Eq | Sold out | 0.00% | −0.89 |
| SPLV Invesco S&P 500 Low Volatili | Sold out | 0.00% | −0.88 |
| JEPI JPMorgan Equity Premium Inco | Sold out | 0.00% | −0.88 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.88 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.52 |
| IAI iShares U.S. Broker-Dealers | Sold out | 0.00% | −0.52 |
| IWP iShares Russell Mid-Cap Grow | Sold out | 0.00% | −0.51 |
| XLY SS Consumer Disc Select Sect | Sold out | 0.00% | −0.50 |
| FDN First Trust DJ Internet Ind | Sold out | 0.00% | −0.50 |
| IGV iShares Expanded Tech-Softwa | Sold out | 0.00% | −0.50 |
| ARKK ARK Innovation ETF | Sold out | 0.00% | −0.49 |
| HYEM Vaneck Emrg MKTS Hi YLD | Sold out | 0.00% | −0.38 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Sold out | 0.00% | −0.22 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.11 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.07 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.06 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.06 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.05 |
| RTX RTX Corp. | Sold out | 0.00% | −0.03 |
| AMGN Amgen Inc. | Sold out | 0.00% | −0.03 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.02 |
| AAPL Apple Inc. | Sold out | 0.00% | −0.02 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.02 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.01 |
| SPIB SS SPDR P Int C Corp. ETF | Reduce -10.0% | 0.10% | +0.09 |
| XAR SS SPDR S&P Aerospace Def | Reduce -16.6% | 0.11% | +0.09 |
| GOOG Alphabet Inc. Class C | Reduce -15.9% | 0.12% | +0.10 |
| VWO Vanguard Ftse Emerging Marke | Reduce -13.1% | 0.13% | +0.11 |
| XLV SS Health Care Select Sector | Reduce -17.3% | 0.13% | +0.11 |
| IJR iShares Core S&P Small-Cap E | Reduce -13.6% | 0.14% | +0.11 |
| IJH iShares Core S&P Midcap ETF | Reduce -15.4% | 0.14% | +0.11 |
| SNPE Xtrckr S&P 500 Scor&scrn ETF | Reduce -9.7% | 0.15% | +0.13 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -10.1% | 0.16% | +0.14 |
| EAGG iShares ESG Aware US Aggrega | Reduce -2.0% | 0.17% | +0.15 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -12.2% | 0.22% | +0.19 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -11.1% | 0.24% | +0.20 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -13.6% | 0.24% | +0.20 |
| VMBS Vanguard Mortgage-Backed Sec | Reduce -4.5% | 0.23% | +0.20 |
| IAU iShares Gold Trust | Reduce -26.2% | 0.24% | +0.21 |
| TFLO iShares Treasury Floating Ra | Reduce -21.7% | 0.32% | +0.27 |
| VEA Vanguard Ftse Developed ETF | Reduce -12.7% | 0.35% | +0.30 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -17.1% | 0.36% | +0.30 |
| AGG iShares Core U.S. Aggregate | Reduce -12.5% | 0.38% | +0.32 |
| USHY iShares Broad Usd High Yield | Reduce -46.4% | 7.56% | +5.68 |
Portfolio Buys Q4 2024 → Q1 2025
| QQQ Invesco QQQ Trust Series 1 | Add +10.7% | 20.34% | +17.66 |
| SECT Main Sector Rotation ETF | Add +3.3% | 15.53% | +13.17 |
| VWOB Vanguard Emerg MKTS Gov BND | New | 7.60% | +7.60 |
| EMB iShares JP Morgan Usd Emergi | New | 7.59% | +7.59 |
| SPHY SS SPDR P High Yield ETF | New | 7.54% | +7.54 |
| TQQQ Proshares Ultrapro QQQ | Add +43.7% | 6.57% | +5.73 |
| BUYW Main Buywrite ETF | Add +46.3% | 2.37% | +2.14 |
| EDGF 3EDGE Dynamic Fixed Incm ETF | Add +182.9% | 1.09% | +1.04 |
| GILD Gilead Sciences Inc. | Add +5.7% | 0.94% | +0.83 |
| MSFT Microsoft Corp. | Add +11.9% | 0.91% | +0.79 |
| MCD McDonald's Corp. | Add +11.8% | 0.84% | +0.75 |
| JPM JPMorgan Chase & Co. | Add +5.7% | 0.83% | +0.72 |
| PG The Procter & Gamble Co. | Add +12.7% | 0.79% | +0.70 |
| WFC Wells Fargo & Co. | Add +2.4% | 0.80% | +0.69 |
| AJG Arthur J Gallagher & Co. | Add +14.0% | 0.76% | +0.68 |
| SHEL Shell PLC-ADR | Add +13.1% | 0.76% | +0.67 |
| LHX L3HARRIS Technologies Inc. | Add +15.1% | 0.74% | +0.66 |
| HD Home Depot Inc. | Add +11.8% | 0.74% | +0.64 |
| HON Honeywell International Inc. | Add +11.9% | 0.73% | +0.63 |
| TMAT Main Thematic Innovation ETF | Add +1.2% | 0.75% | +0.62 |
| ACN Accenture PLC Class A | Add +13.3% | 0.69% | +0.58 |
| CMCSA Comcast Corp. Class A | Add +15.0% | 0.66% | +0.58 |
| EDGH 3EDGE Dynamic Hard Asset ETF | Add +155.3% | 0.56% | +0.53 |
| DD Dupont DE Nemours Inc. | Add +13.0% | 0.61% | +0.52 |
| CVX Chevron Corp. | Add +6.9% | 0.56% | +0.48 |
| USB US Bancorp | Add +13.1% | 0.48% | +0.41 |
| PEP Pepsico Inc. | Add +18.3% | 0.45% | +0.39 |
| PNC PNC Financial Services Group | Add +11.8% | 0.46% | +0.39 |
| EQIX Equinix Inc. | Add +10.4% | 0.46% | +0.39 |
| UPS United Parcel Service Class B | Add +11.8% | 0.45% | +0.38 |
| COP Conocophillips | Add +16.5% | 0.41% | +0.36 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +17.1% | 0.43% | +0.36 |
| EDGU 3EDGE US Equity | Add +24.3% | 0.39% | +0.34 |
| JNJ Johnson & Johnson | Add +5.0% | 0.31% | +0.28 |
| EDGI 3EDGE Dyna I National Eq ETF | Add +129.5% | 0.25% | +0.24 |
| EVRG Evergy Inc. | Add +8.9% | 0.23% | +0.20 |
| MCHP Microchip Technology Inc. | Add +10.6% | 0.25% | +0.20 |
| BNDX Vanguard Total Intl Bond ETF | Add +1.8% | 0.23% | +0.20 |
| DEO Diageo PLC-Sponsored ADR | Add +15.6% | 0.23% | +0.20 |
| BSV Vanguard Short-Term Bond ETF | Add +1.9% | 0.22% | +0.19 |
| SRE Sempra | Add +17.8% | 0.21% | +0.18 |
| EMN Eastman Chemical Co. | Add +11.7% | 0.19% | +0.16 |
| V Visa Inc. Class A | Add +13.8% | 0.17% | +0.15 |
| MA Mastercard Inc. Class A | Add +10.4% | 0.15% | +0.13 |
| LLY Eli Lilly & Co. | New | 0.12% | +0.12 |
| ORCL Oracle Corp. | Add +35.8% | 0.13% | +0.11 |
| ZTS Zoetis Inc. | Add +29.3% | 0.10% | +0.09 |
| SHOP Shopify Inc. Class A | Add +10.9% | 0.11% | +0.09 |
| BIV Vanguard Intermediate-Term B | Add +0.6% | 0.10% | +0.09 |
| BLV Vanguard Long-Term Bond ETF | Add +0.9% | 0.10% | +0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 109 | $4.0B | IVV, XHLF, SPYM, SGOV, SECT |
| Q1 2026 | 105 | $2.9B | IVV, XHLF, SGOV, SECT, PDBC |
| Q4 2025 | 108 | $2.7B | VOO, XHLF, SGOV, SECT, XBB |
| Q3 2025 | 103 | $2.4B | SGOV, XHLF, SPXL, UPRO, SECT |
| Q2 2025Amended | 97 | $1.7B | SGOV, SPXL, UPRO, XHLF, SECT |
| Q1 2025Amended | 72 | $227.5M | QQQ, SECT, VWOB, EMB, USHY |
| Q4 2024Amended | 96 | $1.7B | IVV, SPXL, SPMD, QQQ, SECT |