Swan Global Investments, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 7, 2026), Swan Global Investments, LLC reported 64 stock positions worth $1.9 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 34.8% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 21.3%) and Pacer Swan Sos Mod Oct ETF (PSMO, 4.3%). Compared with Q4 2025, it opened 2 new positions, sold out of 4, added to 27 and reduced 35. The biggest buy was Pacer Swan Sos Moderate Janu (PSMD, shares +13%) and the biggest sale Swan Hedged Equity US LG Cap (HEGD, shares −43%).
- Most Recent 13F
- Q2 2026
- Location
- DURANGO, CO
- CIK
- 0001591505
- Portfolio Value
- $1.9B (Q1 2026)
- SEC Filing
- 0001591505-26-000003 ↗ filed May 7, 2026
Holdings Value
Holdings 64 stocks · $1.9B
| SPY SS SPDR S&P 500 ETF Trust-US | 34.75% | 995,392 | $647.3M | Reduce -8.5% |
| IVV iShares Core S&P 500 ETF | 21.27% | 606,594 | $396.2M | Reduce -3.7% |
| PSMO Pacer Swan Sos Mod Oct ETF | 4.35% | 2,684,376 | $81.0M | Reduce -4.1% |
| PSMD Pacer Swan Sos Moderate Janu | 4.05% | 2,365,077 | $75.4M | Add +12.9% |
| XLK SS Technology Select Sector | 3.99% | 559,388 | $74.3M | Reduce -22.7% |
| PSMJ Pacer Swan Sos Moderate July | 3.82% | 2,238,543 | $71.3M | Reduce -4.1% |
| PSMR Pacer Swan Sos Moderate Apr | 3.71% | 2,274,467 | $69.1M | Reduce -4.1% |
| PSCW Pacer Swan Sos Conserv Apr | 2.72% | 1,780,977 | $50.6M | Reduce -4.1% |
| PSCQ Pacer Swan Sos Cons Oct ETF | 2.13% | 1,370,850 | $39.6M | Reduce -4.1% |
| HEGD Swan Hedged Equity US LG Cap | 2.11% | 1,592,181 | $39.3M | Reduce -43.4% |
| PSCJ Pacer Swan Sos Conservative | 1.82% | 1,145,234 | $33.9M | Reduce -4.1% |
| PSFD Pacer Swan Sos Flex January | 1.62% | 828,431 | $30.2M | Add +27.7% |
| XLF SS Financial Select Sector | 1.51% | 571,025 | $28.2M | Reduce -23.0% |
| PSFO Pacer Swan Sos Flex Oct ETF | 1.46% | 858,499 | $27.2M | Reduce -4.1% |
| PSCX Pacer Swan Sos Conservative | 1.32% | 805,251 | $24.5M | Reduce -4.1% |
| XLY SS Consumer Disc Select Sect | 1.19% | 202,978 | $22.1M | Reduce -22.8% |
| XLC SS Comm Select Sector SPDR | 1.16% | 195,753 | $21.7M | Reduce -23.6% |
| XLV SS Health Care Select Sector | 1.16% | 147,497 | $21.6M | Reduce -22.5% |
| PSFJ Pacer Swan Sos Flex July ETF | 1.13% | 646,062 | $21.1M | Reduce -4.1% |
| XLI SS Industrial Select Sector | 1.08% | 124,286 | $20.1M | Reduce -22.3% |
| PSFM Pacer Swan Sos Flex April | 0.71% | 405,130 | $13.1M | Reduce -4.1% |
| XLP SS Consumer Staples Sel Sect | 0.64% | 144,314 | $11.8M | Reduce -22.6% |
| XLE SS Energy Select Sector | 0.49% | 149,315 | $9.1M | Reduce -22.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.30% | 123,494 | $5.7M | Reduce -22.6% |
| XLB SS Materials Select Sector | 0.24% | 90,844 | $4.5M | Reduce -22.5% |
| XLRE SS Real Estate Select Sector | 0.23% | 104,403 | $4.3M | Reduce -23.1% |
| SCLZ Swan Enhanced DVD Inc. ETF | 0.07% | 24,344 | $1.3M | Reduce -3.4% |
| AAPL Apple Inc. | 0.06% | 4,406 | $1.1M | Add +9.7% |
| NVDA Nvidia Corp. | 0.06% | 6,197 | $1.1M | Add +23.8% |
| BOXX Alpha Architect 1-3 MNTH Box | 0.05% | 8,300 | $965K | Reduce -23.1% |
| GLD SPDR Gold Shares | 0.05% | 2,145 | $923K | Reduce -4.5% |
| MSFT Microsoft Corp. | 0.04% | 2,254 | $834K | Add +26.6% |
| AVGO Broadcom Inc. | 0.04% | 2,630 | $814K | Add +42.2% |
| GOOGL Alphabet Inc. Class A | 0.04% | 2,769 | $796K | Add +8.3% |
| AMZN Amazon.com Inc. | 0.04% | 3,213 | $669K | Add +14.5% |
| SGOL Abrdn Physical Gold Shares | 0.04% | 14,800 | $660K | Reduce -17.4% |
| META Meta Platforms Inc. Class A | 0.03% | 1,099 | $629K | Add +5.0% |
| LLY Eli Lilly & Co. | 0.03% | 666 | $613K | Add +3.6% |
| JPM JPMorgan Chase & Co. | 0.03% | 2,064 | $607K | Add +11.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.03% | 1,196 | $573K | Add +33.3% |
| MU Micron Technology Inc. | 0.03% | 1,556 | $526K | New |
| JNJ Johnson & Johnson | 0.03% | 1,963 | $480K | Add +3.5% |
| XOM Exxon Mobil Corp. | 0.02% | 2,707 | $459K | Add +9.8% |
| GE General Electric filed as GE AEROSPACE | 0.02% | 1,492 | $423K | Add +13.1% |
| CSCO Cisco Systems Inc. | 0.02% | 5,406 | $419K | Add +9.7% |
| V Visa Inc. Class A | 0.02% | 1,277 | $386K | Add +11.0% |
| AMD Advanced Micro Devices | 0.02% | 1,813 | $369K | Add +9.7% |
| PLTR Palantir Technologies Inc. Class A | 0.02% | 2,469 | $361K | Add +9.7% |
| WMT Walmart Inc. | 0.02% | 2,723 | $338K | Reduce -5.5% |
| MA Mastercard Inc. Class A | 0.02% | 654 | $327K | Add +14.9% |
| ABBV Abbvie Inc. | 0.02% | 1,501 | $326K | Add +3.5% |
| VEU Vanguard Ftse All-World Ex-U | 0.02% | 4,144 | $311K | Reduce -6.5% |
| TSLA Tesla Inc. | 0.02% | 809 | $301K | Add +7.3% |
| TLT iShares 20+ Year Treasury BD | 0.01% | 3,200 | $277K | Reduce -3.0% |
| HD Home Depot Inc. | 0.01% | 809 | $266K | Add +7.3% |
| RTX RTX Corp. | 0.01% | 1,364 | $263K | Add +6.7% |
| NFLX Netflix Inc. | 0.01% | 2,669 | $257K | Add +8.9% |
| VTWO Vanguard Russell 2000 ETF | 0.01% | 2,527 | $253K | Reduce -5.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.01% | 2,693 | $244K | Reduce -5.8% |
| IEMG iShares Core MSCI Emerging | 0.01% | 3,400 | $237K | Reduce -8.3% |
| CAT Caterpillar Inc. | 0.01% | 333 | $236K | New |
| WFC Wells Fargo & Co. | 0.01% | 2,712 | $216K | Add +11.1% |
| UBER TECHNOLOGIES INC | 0.01% | 2,969 | $214K | Add +6.7% |
| KO The Coca-Cola Co. | 0.01% | 2,776 | $211K | Reduce -35.1% |
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($1.1B), STATE STR SPDR S&P 500 ETF T calls ($7.6M), NVIDIA CORPORATION puts ($4.9M), APPLE INC puts ($3.1M), CHENIERE ENERGY INC puts ($2.0M), ISHARES TR puts ($1.8M), AMAZON COM INC puts ($1.5M), META PLATFORMS INC puts ($1.5M), BANK OF AMER CORP puts ($990K), TESLA INC puts ($861K), SPDR GOLD TR puts ($360K), ISHARES TR puts ($336K).
Portfolio Sells Q4 2025 → Q1 2026
| HEGD Swan Hedged Equity US LG Cap | Reduce -43.4% | 2.11% | −1.25 |
| XLK SS Technology Select Sector | Reduce -22.7% | 3.99% | −0.94 |
| XLF SS Financial Select Sector | Reduce -23.0% | 1.51% | −0.41 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -8.5% | 34.75% | −0.40 |
| XLY SS Consumer Disc Select Sect | Reduce -22.8% | 1.19% | −0.30 |
| XLC SS Comm Select Sector SPDR | Reduce -23.6% | 1.16% | −0.27 |
| XLV SS Health Care Select Sector | Reduce -22.5% | 1.16% | −0.24 |
| XLI SS Industrial Select Sector | Reduce -22.3% | 1.08% | −0.10 |
| XLP SS Consumer Staples Sel Sect | Reduce -22.6% | 0.64% | −0.05 |
| XLRE SS Real Estate Select Sector | Reduce -23.1% | 0.23% | −0.03 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.02 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -22.6% | 0.30% | −0.02 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.02 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.01 |
| XCCC Bondbloxx-CCC-Usd HY Corp. BD | Sold out | 0.00% | −0.01 |
| XLB SS Materials Select Sector | Reduce -22.5% | 0.24% | −0.01 |
| BOXX Alpha Architect 1-3 MNTH Box | Reduce -23.1% | 0.05% | −0.01 |
| KO The Coca-Cola Co. | Reduce -35.1% | 0.01% | −0.00 |
| SGOL Abrdn Physical Gold Shares | Reduce -17.4% | 0.04% | +0.00 |
| IEMG iShares Core MSCI Emerging | Reduce -8.3% | 0.01% | +0.00 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -5.8% | 0.01% | +0.00 |
| VTWO Vanguard Russell 2000 ETF | Reduce -5.6% | 0.01% | +0.00 |
| TLT iShares 20+ Year Treasury BD | Reduce -3.0% | 0.01% | +0.00 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -6.5% | 0.02% | +0.00 |
| SCLZ Swan Enhanced DVD Inc. ETF | Reduce -3.4% | 0.07% | +0.00 |
| WMT Walmart Inc. | Reduce -5.5% | 0.02% | +0.00 |
| GLD SPDR Gold Shares | Reduce -4.5% | 0.05% | +0.01 |
| PSFM Pacer Swan Sos Flex April | Reduce -4.1% | 0.71% | +0.07 |
| PSFJ Pacer Swan Sos Flex July ETF | Reduce -4.1% | 1.13% | +0.07 |
| PSCX Pacer Swan Sos Conservative | Reduce -4.1% | 1.32% | +0.08 |
| XLE SS Energy Select Sector | Reduce -22.5% | 0.49% | +0.08 |
| PSFO Pacer Swan Sos Flex Oct ETF | Reduce -4.1% | 1.46% | +0.09 |
| PSCJ Pacer Swan Sos Conservative | Reduce -4.1% | 1.82% | +0.12 |
| PSCQ Pacer Swan Sos Cons Oct ETF | Reduce -4.1% | 2.13% | +0.13 |
| PSMJ Pacer Swan Sos Moderate July | Reduce -4.1% | 3.82% | +0.26 |
| PSCW Pacer Swan Sos Conserv Apr | Reduce -4.1% | 2.72% | +0.26 |
| PSMO Pacer Swan Sos Mod Oct ETF | Reduce -4.1% | 4.35% | +0.27 |
| PSMR Pacer Swan Sos Moderate Apr | Reduce -4.1% | 3.71% | +0.36 |
| IVV iShares Core S&P 500 ETF | Reduce -3.7% | 21.27% | +0.83 |
Portfolio Buys Q4 2025 → Q1 2026
| PSMD Pacer Swan Sos Moderate Janu | Add +12.9% | 4.05% | +0.83 |
| PSFD Pacer Swan Sos Flex January | Add +27.7% | 1.62% | +0.47 |
| MU Micron Technology Inc. | New | 0.03% | +0.03 |
| NVDA Nvidia Corp. | Add +23.8% | 0.06% | +0.01 |
| AVGO Broadcom Inc. | Add +42.2% | 0.04% | +0.01 |
| CAT Caterpillar Inc. | New | 0.01% | +0.01 |
| XOM Exxon Mobil Corp. | Add +9.8% | 0.02% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +33.3% | 0.03% | +0.01 |
| AAPL Apple Inc. | Add +9.7% | 0.06% | +0.01 |
| JNJ Johnson & Johnson | Add +3.5% | 0.03% | +0.01 |
| AMZN Amazon.com Inc. | Add +14.5% | 0.04% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +8.3% | 0.04% | +0.00 |
| CSCO Cisco Systems Inc. | Add +9.7% | 0.02% | +0.00 |
| JPM JPMorgan Chase & Co. | Add +11.1% | 0.03% | +0.00 |
| MSFT Microsoft Corp. | Add +26.6% | 0.04% | +0.00 |
| GE General Electric | Add +13.1% | 0.02% | +0.00 |
| AMD Advanced Micro Devices | Add +9.7% | 0.02% | +0.00 |
| RTX RTX Corp. | Add +6.7% | 0.01% | +0.00 |
| NFLX Netflix Inc. | Add +8.9% | 0.01% | +0.00 |
| MA Mastercard Inc. Class A | Add +14.9% | 0.02% | +0.00 |
| HD Home Depot Inc. | Add +7.3% | 0.01% | +0.00 |
| ABBV Abbvie Inc. | Add +3.5% | 0.02% | +0.00 |
| V Visa Inc. Class A | Add +11.0% | 0.02% | +0.00 |
| META Meta Platforms Inc. Class A | Add +5.0% | 0.03% | +0.00 |
| WFC Wells Fargo & Co. | Add +11.1% | 0.01% | +0.00 |
| UBER TECHNOLOGIES INC | Add +6.7% | 0.01% | +0.00 |
| PLTR Palantir Technologies Inc. Class A | Add +9.7% | 0.02% | +0.00 |
| LLY Eli Lilly & Co. | Add +3.6% | 0.03% | +0.00 |
| TSLA Tesla Inc. | Add +7.3% | 0.02% | +0.00 |
Options Activity Q4 2025 → Q1 2026
| STATE STR SPDR S&P 500 ETF T | put | Reduce -11.6% | 1,839,600 | $1.1B |
| STATE STR SPDR S&P 500 ETF T | call | Reduce -0.6% | 1,049,700 | $7.6M |
| NVIDIA CORPORATION | put | Add +36.1% | 37,300 | $4.9M |
| APPLE INC | put | Reduce -13.5% | 13,500 | $3.1M |
| NETFLIX INC. | call | Sold out | 25,000 | $2.4Mbefore exit |
| CHENIERE ENERGY INC | put | Reduce -66.4% | 8,400 | $2.0M |
| ISHARES TR | put | Reduce -8.5% | 9,700 | $1.8M |
| SPDR GOLD TR | put | Reduce -52.6% | 900 | $360K |
| ISHARES TR | put | Reduce -1.6% | 6,300 | $336K |
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 |