Swan Global Investments, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Swan Global Investments, LLC reported 34 stock positions worth $2.0 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 30.8% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 19.1%) and SS Technology Select Sector (XLK, 8.3%). Compared with Q4 2023, it opened 3 new positions, added to 12 and reduced 18. The biggest buy was Pacer Swan Sos Moderate Janu (PSMD, shares +73%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- DURANGO, CO
- CIK
- 0001591505
- Portfolio Value
- $2.0B (Q1 2024)
- SEC Filing
- 0001591505-24-000004 ↗ filed May 9, 2024
Holdings Value
Holdings 34 stocks · $2.0B
| SPY SS SPDR S&P 500 ETF Trust-US | 30.76% | 1,194,533 | $624.8M | Reduce -6.1% |
| IVV iShares Core S&P 500 ETF | 19.10% | 738,097 | $388.0M | Reduce -4.0% |
| XLK SS Technology Select Sector | 8.31% | 810,907 | $168.9M | Reduce -6.2% |
| XLF SS Financial Select Sector | 3.79% | 1,827,173 | $77.0M | Reduce -8.0% |
| XLV SS Health Care Select Sector | 3.57% | 490,855 | $72.5M | Reduce -8.1% |
| PSMD Pacer Swan Sos Moderate Janu | 3.10% | 2,325,654 | $63.0M | Add +72.9% |
| XLY SS Consumer Disc Select Sect | 2.94% | 325,288 | $59.8M | Reduce -7.1% |
| HEGD Swan Hedged Equity US LG Cap | 2.88% | 2,822,412 | $58.5M | Reduce -7.5% |
| XLC SS Comm Select Sector SPDR | 2.55% | 635,336 | $51.9M | Reduce -6.9% |
| XLI SS Industrial Select Sector | 2.54% | 410,066 | $51.7M | Reduce -8.1% |
| PSMJ Pacer Swan Sos Moderate July | 2.25% | 1,741,839 | $45.7M | Add +17.8% |
| PSMO Pacer Swan Sos Mod Oct ETF | 1.73% | 1,346,855 | $35.2M | Add +8.9% |
| XLP SS Consumer Staples Sel Sect | 1.71% | 454,519 | $34.7M | Reduce -7.9% |
| PSMR Pacer Swan Sos Moderate Apr | 1.60% | 1,278,187 | $32.6M | Add +8.9% |
| IWM iShares Russell 2000 ETF | 1.49% | 144,047 | $30.3M | Reduce -2.7% |
| EFA iShares MSCI Eafe ETF | 1.31% | 332,500 | $26.6M | Reduce -3.5% |
| PSFD Pacer Swan Sos Flex January | 1.29% | 860,664 | $26.3M | Add +73.1% |
| IEMG iShares Core MSCI Emerging | 1.21% | 474,800 | $24.5M | Reduce -2.4% |
| XLE SS Energy Select Sector | 1.14% | 245,184 | $23.1M | Reduce -8.3% |
| PSFJ Pacer Swan Sos Flex July ETF | 0.94% | 713,068 | $19.0M | Add +17.9% |
| PSFM Pacer Swan Sos Flex April | 0.79% | 592,788 | $15.9M | Add +8.9% |
| PSCX Pacer Swan Sos Conservative | 0.77% | 609,946 | $15.7M | Add +73.7% |
| XLB SS Materials Select Sector | 0.68% | 149,389 | $13.9M | Reduce -8.1% |
| XLRE SS Real Estate Select Sector | 0.65% | 335,132 | $13.2M | Reduce -7.7% |
| PSFO Pacer Swan Sos Flex Oct ETF | 0.64% | 481,643 | $13.0M | Add +8.9% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.63% | 195,416 | $12.8M | Reduce -8.3% |
| PSCJ Pacer Swan Sos Conservative | 0.56% | 461,690 | $11.3M | Add +17.9% |
| PSCW Pacer Swan Sos Conserv Apr | 0.48% | 410,052 | $9.7M | Add +8.9% |
| PSCQ Pacer Swan Sos Cons Oct ETF | 0.34% | 272,700 | $6.8M | Add +8.9% |
| GLD SPDR Gold Shares | 0.15% | 14,400 | $3.0M | Reduce -22.6% |
| TLT iShares 20+ Year Treasury BD | 0.05% | 10,300 | $975K | No change |
| GSY Invesco Ultra Short Duration | 0.01% | 5,900 | $294K | New |
| SCLZ Swan Enhanced DVD Inc. ETF | 0.01% | 5,079 | $259K | New |
| NRT North European Oil RTY Trust | 0.01% | 18,500 | $110K | New |
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($1.1B), ISHARES TR puts ($25.0M), ISHARES TR puts ($24.0M), STATE STR SPDR S&P 500 ETF T calls ($16.5M), SPDR GOLD TR puts ($1.8M), CHENIERE ENERGY INC puts ($1.6M), APPLE INC puts ($1.5M), ISHARES TR puts ($1.0M).
Portfolio Sells Q4 2023 → Q1 2024
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -6.1% | 30.76% | −0.84 |
| XLK SS Technology Select Sector | Reduce -6.2% | 8.31% | −0.38 |
| XLY SS Consumer Disc Select Sect | Reduce -7.1% | 2.94% | −0.33 |
| XLV SS Health Care Select Sector | Reduce -8.1% | 3.57% | −0.24 |
| HEGD Swan Hedged Equity US LG Cap | Reduce -7.5% | 2.88% | −0.23 |
| XLP SS Consumer Staples Sel Sect | Reduce -7.9% | 1.71% | −0.15 |
| XLF SS Financial Select Sector | Reduce -8.0% | 3.79% | −0.12 |
| XLI SS Industrial Select Sector | Reduce -8.1% | 2.54% | −0.12 |
| XLRE SS Real Estate Select Sector | Reduce -7.7% | 0.65% | −0.11 |
| IVV iShares Core S&P 500 ETF | Reduce -4.0% | 19.10% | −0.11 |
| IEMG iShares Core MSCI Emerging | Reduce -2.4% | 1.21% | −0.08 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -8.3% | 0.63% | −0.07 |
| IWM iShares Russell 2000 ETF | Reduce -2.7% | 1.49% | −0.06 |
| EFA iShares MSCI Eafe ETF | Reduce -3.5% | 1.31% | −0.05 |
| XLB SS Materials Select Sector | Reduce -8.1% | 0.68% | −0.04 |
| GLD SPDR Gold Shares | Reduce -22.6% | 0.15% | −0.04 |
| XLC SS Comm Select Sector SPDR | Reduce -6.9% | 2.55% | −0.04 |
| XLE SS Energy Select Sector | Reduce -8.3% | 1.14% | −0.03 |
Portfolio Buys Q4 2023 → Q1 2024
| PSMD Pacer Swan Sos Moderate Janu | Add +72.9% | 3.10% | +1.28 |
| PSFD Pacer Swan Sos Flex January | Add +73.1% | 1.29% | +0.54 |
| PSMJ Pacer Swan Sos Moderate July | Add +17.8% | 2.25% | +0.32 |
| PSCX Pacer Swan Sos Conservative | Add +73.7% | 0.77% | +0.32 |
| PSFJ Pacer Swan Sos Flex July ETF | Add +17.9% | 0.94% | +0.14 |
| PSMO Pacer Swan Sos Mod Oct ETF | Add +8.9% | 1.73% | +0.10 |
| PSCJ Pacer Swan Sos Conservative | Add +17.9% | 0.56% | +0.08 |
| PSMR Pacer Swan Sos Moderate Apr | Add +8.9% | 1.60% | +0.07 |
| PSFM Pacer Swan Sos Flex April | Add +8.9% | 0.79% | +0.05 |
| PSFO Pacer Swan Sos Flex Oct ETF | Add +8.9% | 0.64% | +0.04 |
| PSCW Pacer Swan Sos Conserv Apr | Add +8.9% | 0.48% | +0.02 |
| PSCQ Pacer Swan Sos Cons Oct ETF | Add +8.9% | 0.34% | +0.02 |
| GSY Invesco Ultra Short Duration | New | 0.01% | +0.01 |
| SCLZ Swan Enhanced DVD Inc. ETF | New | 0.01% | +0.01 |
| NRT North European Oil RTY Trust | New | 0.01% | +0.01 |
Options Activity Q4 2023 → Q1 2024
| STATE STR SPDR S&P 500 ETF T | put | Reduce -0.0% | 2,445,300 | $1.1B |
| ISHARES TR | put | Reduce -3.8% | 333,900 | $25.0M |
| ISHARES TR | put | Reduce -2.4% | 600,800 | $24.0M |
| STATE STR SPDR S&P 500 ETF T | call | Add +12.0% | 797,800 | $16.5M |
| CHENIERE ENERGY INC | call | Sold out | 13,600 | $2.9Mbefore exit |
| SPDR GOLD TR | put | Reduce -48.4% | 9,600 | $1.8M |
| EXXON MOBIL CORP | put | Sold out | 15,900 | $1.5Mbefore exit |
| UNITEDHEALTH GROUP INC | put | Sold out | 1,500 | $720Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 87 | $2.2B | SPY, IVV, XLK, PSMO, PSMD |
| Q1 2026 | 64 | $1.9B | SPY, IVV, PSMO, PSMD, XLK |
| Q4 2025 | 66 | $2.1B | SPY, IVV, XLK, PSMO, PSMJ |
| Q3 2025 | 60 | $2.3B | SPY, IVV, XLK, PSMJ, PSMR |
| Q2 2025 | 68 | $2.2B | SPY, IVV, XLK, PSMR, PSMD |
| Q1 2025 | 60 | $2.0B | SPY, IVV, XLK, PSMD, PSMO |
| Q4 2024 | 48 | $2.1B | SPY, IVV, XLK, PSMJ, HEGD |
| Q3 2024 | 39 | $2.1B | SPY, IVV, XLK, PSMJ, XLF |
| Q2 2024 | 35 | $2.0B | SPY, IVV, XLK, XLF, PSMD |
| Q1 2024 | 34 | $2.0B | SPY, IVV, XLK, XLF, XLV |