Swan Global Investments, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 11, 2025), Swan Global Investments, LLC reported 48 stock positions worth $2.1 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 31.0% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 20.3%) and SS Technology Select Sector (XLK, 7.2%). Compared with Q3 2024, it opened 11 new positions, sold out of 2, added to 10 and reduced 27. The biggest buy was Pacer Swan Sos Mod Oct ETF (PSMO, shares +77%) and the biggest sale SS Health Care Select Sector (XLV, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- DURANGO, CO
- CIK
- 0001591505
- Portfolio Value
- $2.1B (Q4 2024)
- SEC Filing
- 0001591505-25-000001 ↗ filed Feb 11, 2025
Holdings Value
Holdings 48 stocks · $2.1B
| SPY SS SPDR S&P 500 ETF Trust-US | 31.05% | 1,095,810 | $642.2M | Reduce -0.8% |
| IVV iShares Core S&P 500 ETF | 20.27% | 712,144 | $419.2M | Add +0.3% |
| XLK SS Technology Select Sector | 7.16% | 636,744 | $148.1M | Reduce -7.6% |
| PSMJ Pacer Swan Sos Moderate July | 3.14% | 2,287,473 | $65.0M | Reduce -3.3% |
| HEGD Swan Hedged Equity US LG Cap | 3.06% | 2,830,087 | $63.4M | Add +4.2% |
| XLF SS Financial Select Sector | 2.99% | 1,278,621 | $61.8M | Reduce -12.0% |
| PSMO Pacer Swan Sos Mod Oct ETF | 2.91% | 2,180,362 | $60.2M | Add +77.3% |
| PSMD Pacer Swan Sos Moderate Janu | 2.88% | 2,047,780 | $59.7M | Reduce -3.3% |
| PSMR Pacer Swan Sos Moderate Apr | 2.69% | 1,991,155 | $55.6M | Reduce -3.3% |
| XLY SS Consumer Disc Select Sect | 2.49% | 229,906 | $51.6M | Reduce -12.5% |
| XLV SS Health Care Select Sector | 2.23% | 334,892 | $46.1M | Reduce -14.3% |
| XLC SS Comm Select Sector SPDR | 2.08% | 443,538 | $42.9M | Reduce -15.0% |
| XLI SS Industrial Select Sector | 1.80% | 281,872 | $37.1M | Reduce -13.1% |
| PSCW Pacer Swan Sos Conserv Apr | 1.65% | 1,305,825 | $34.2M | Reduce -3.3% |
| PSCJ Pacer Swan Sos Conservative | 1.64% | 1,274,909 | $34.0M | Reduce -0.1% |
| PSCQ Pacer Swan Sos Cons Oct ETF | 1.60% | 1,253,640 | $33.2M | Add +362.8% |
| XLP SS Consumer Staples Sel Sect | 1.23% | 322,336 | $25.3M | Reduce -11.5% |
| PSFD Pacer Swan Sos Flex January | 1.21% | 757,845 | $25.1M | Reduce -3.3% |
| IWM iShares Russell 2000 ETF | 1.12% | 105,049 | $23.2M | Reduce -20.4% |
| PSFJ Pacer Swan Sos Flex July ETF | 0.87% | 616,106 | $18.0M | Reduce -3.3% |
| EFA iShares MSCI Eafe ETF | 0.76% | 208,000 | $15.7M | Reduce -32.2% |
| PSFM Pacer Swan Sos Flex April | 0.73% | 512,180 | $15.2M | Reduce -3.3% |
| PSCX Pacer Swan Sos Conservative | 0.72% | 537,157 | $14.9M | Reduce -3.3% |
| XLE SS Energy Select Sector | 0.70% | 169,329 | $14.5M | Reduce -12.6% |
| IEMG iShares Core MSCI Emerging | 0.62% | 244,930 | $12.8M | Reduce -36.8% |
| PSFO Pacer Swan Sos Flex Oct ETF | 0.58% | 416,161 | $11.9M | Reduce -3.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.51% | 139,517 | $10.6M | Reduce -12.4% |
| XLRE SS Real Estate Select Sector | 0.46% | 233,501 | $9.5M | Reduce -12.9% |
| XLB SS Materials Select Sector | 0.42% | 102,840 | $8.7M | Reduce -13.4% |
| GLD SPDR Gold Shares | 0.10% | 8,500 | $2.1M | Reduce -32.0% |
| TLT iShares 20+ Year Treasury BD | 0.05% | 11,005 | $961K | Add +6.8% |
| SCLZ Swan Enhanced DVD Inc. ETF | 0.05% | 17,947 | $955K | Add +112.1% |
| XCCC Bondbloxx-CCC-Usd HY Corp. BD | 0.03% | 14,272 | $559K | Add +22.0% |
| SGOL Abrdn Physical Gold Shares | 0.02% | 20,487 | $513K | New |
| VEU Vanguard Ftse All-World Ex-U | 0.02% | 8,292 | $476K | New |
| AAPL Apple Inc. | 0.02% | 1,777 | $445K | Add +72.7% |
| GOOGL Alphabet Inc. Class A | 0.02% | 2,087 | $395K | New |
| IEFA iShares Core MSCI Eafe ETF | 0.02% | 5,598 | $393K | New |
| MSFT Microsoft Corp. | 0.02% | 886 | $373K | Add +81.6% |
| AVGO Broadcom Inc. | 0.02% | 1,516 | $351K | New |
| JPM JPMorgan Chase & Co. | 0.01% | 1,128 | $270K | New |
| NRT North European Oil RTY Trust | 0.01% | 64,600 | $261K | Add +102.8% |
| V Visa Inc. Class A | 0.01% | 816 | $258K | New |
| LLY Eli Lilly & Co. | 0.01% | 278 | $215K | New |
| APA Apa Corp. | 0.01% | 9,100 | $210K | New |
| VTWO Vanguard Russell 2000 ETF | 0.01% | 2,340 | $209K | New |
| CBUS Cibus Inc. | 0.00% | 15,000 | $42K | Reduce -57.3% |
| KWACU Kingswood Acquisition Corp. filed as BINAH CAP GROUP INC | 0.00% | 11,000 | $32K | New |
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($1.3B), ISHARES TR puts ($16.4M), ISHARES TR puts ($13.0M), STATE STR SPDR S&P 500 ETF T calls ($9.0M), CHENIERE ENERGY INC puts ($3.6M), APPLE INC puts ($1.9M), SPDR GOLD TR puts ($1.5M), ISHARES TR puts ($968K), NVIDIA CORPORATION puts ($239K).
Portfolio Sells Q3 2024 → Q4 2024
| XLV SS Health Care Select Sector | Reduce -14.3% | 2.23% | −0.67 |
| EFA iShares MSCI Eafe ETF | Reduce -32.2% | 0.76% | −0.48 |
| IEMG iShares Core MSCI Emerging | Reduce -36.8% | 0.62% | −0.46 |
| XLK SS Technology Select Sector | Reduce -7.6% | 7.16% | −0.34 |
| XLI SS Industrial Select Sector | Reduce -13.1% | 1.80% | −0.32 |
| IWM iShares Russell 2000 ETF | Reduce -20.4% | 1.12% | −0.28 |
| XLP SS Consumer Staples Sel Sect | Reduce -11.5% | 1.23% | −0.23 |
| XLC SS Comm Select Sector SPDR | Reduce -15.0% | 2.08% | −0.20 |
| XLF SS Financial Select Sector | Reduce -12.0% | 2.99% | −0.19 |
| XLB SS Materials Select Sector | Reduce -13.4% | 0.42% | −0.13 |
| XLE SS Energy Select Sector | Reduce -12.6% | 0.70% | −0.12 |
| XLRE SS Real Estate Select Sector | Reduce -12.9% | 0.46% | −0.12 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -12.4% | 0.51% | −0.11 |
| GLD SPDR Gold Shares | Reduce -32.0% | 0.10% | −0.05 |
| XLY SS Consumer Disc Select Sect | Reduce -12.5% | 2.49% | −0.05 |
| PSMJ Pacer Swan Sos Moderate July | Reduce -3.3% | 3.14% | −0.04 |
| PSMR Pacer Swan Sos Moderate Apr | Reduce -3.3% | 2.69% | −0.03 |
| PSMD Pacer Swan Sos Moderate Janu | Reduce -3.3% | 2.88% | −0.03 |
| PSCW Pacer Swan Sos Conserv Apr | Reduce -3.3% | 1.65% | −0.02 |
| PSFJ Pacer Swan Sos Flex July ETF | Reduce -3.3% | 0.87% | −0.01 |
| PSFD Pacer Swan Sos Flex January | Reduce -3.3% | 1.21% | −0.01 |
| EEM iShares MSCI Emerging Market | Sold out | 0.00% | −0.01 |
| PSFO Pacer Swan Sos Flex Oct ETF | Reduce -3.3% | 0.58% | −0.01 |
| PSCX Pacer Swan Sos Conservative | Reduce -3.3% | 0.72% | −0.01 |
| PSFM Pacer Swan Sos Flex April | Reduce -3.3% | 0.73% | −0.01 |
| CBUS Cibus Inc. | Reduce -57.3% | 0.00% | −0.00 |
| FCEL Fuelcell Energy Inc. | Sold out | 0.00% | −0.00 |
| PSCJ Pacer Swan Sos Conservative | Reduce -0.1% | 1.64% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.8% | 31.05% | +0.48 |
Portfolio Buys Q3 2024 → Q4 2024
| PSMO Pacer Swan Sos Mod Oct ETF | Add +77.3% | 2.91% | +1.30 |
| PSCQ Pacer Swan Sos Cons Oct ETF | Add +362.8% | 1.60% | +1.26 |
| IVV iShares Core S&P 500 ETF | Add +0.3% | 20.27% | +0.52 |
| HEGD Swan Hedged Equity US LG Cap | Add +4.2% | 3.06% | +0.15 |
| SGOL Abrdn Physical Gold Shares | New | 0.02% | +0.02 |
| SCLZ Swan Enhanced DVD Inc. ETF | Add +112.1% | 0.05% | +0.02 |
| VEU Vanguard Ftse All-World Ex-U | New | 0.02% | +0.02 |
| GOOGL Alphabet Inc. Class A | New | 0.02% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | New | 0.02% | +0.02 |
| AVGO Broadcom Inc. | New | 0.02% | +0.02 |
| JPM JPMorgan Chase & Co. | New | 0.01% | +0.01 |
| V Visa Inc. Class A | New | 0.01% | +0.01 |
| LLY Eli Lilly & Co. | New | 0.01% | +0.01 |
| APA Apa Corp. | New | 0.01% | +0.01 |
| VTWO Vanguard Russell 2000 ETF | New | 0.01% | +0.01 |
| AAPL Apple Inc. | Add +72.7% | 0.02% | +0.01 |
| MSFT Microsoft Corp. | Add +81.6% | 0.02% | +0.01 |
| XCCC Bondbloxx-CCC-Usd HY Corp. BD | Add +22.0% | 0.03% | +0.00 |
| NRT North European Oil RTY Trust | Add +102.8% | 0.01% | +0.00 |
| KWACU Kingswood Acquisition Corp. | New | 0.00% | +0.00 |
| TLT iShares 20+ Year Treasury BD | Add +6.8% | 0.05% | −0.00 |
Options Activity Q3 2024 → Q4 2024
| STATE STR SPDR S&P 500 ETF T | put | Add +8.7% | 2,439,700 | $1.3B |
| ISHARES TR | put | Reduce -29.5% | 216,300 | $16.4M |
| ISHARES TR | put | Reduce -37.2% | 309,500 | $13.0M |
| STATE STR SPDR S&P 500 ETF T | call | Add +8.4% | 979,500 | $9.0M |
| CHENIERE ENERGY INC | put | Reduce -0.7% | 27,000 | $3.6M |
| SPDR GOLD TR | put | Reduce -42.3% | 6,400 | $1.5M |
| ISHARES TR | put | Add +6.8% | 11,000 | $968K |
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 |