Trek Financial, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Trek Financial, LLC reported 415 stock positions worth $1.5 billion. Its top holding was SS Technology Select Sector (XLK) at 4.9% of the portfolio, followed by SS Financial Select Sector (XLF, 2.2%) and iShares Core MSCI Emerging (IEMG, 2.1%). Compared with Q1 2025, it opened 81 new positions, sold out of 47, added to 154 and reduced 147. The biggest buy was Vanguard Total Intl Bond ETF (BNDX, shares +424%) and the biggest sale iShares 0-3 Month Treasury B (SGOV, shares −76%).
- Most Recent 13F
- Q2 2026
- Location
- Scottsdale, AZ
- CIK
- 0001768195
- Portfolio Value
- $1.5B (Q2 2025)
- SEC Filing
- 0001104659-25-077438 ↗ filed Aug 13, 2025
Holdings Value
Holdings 415 stocks · $1.5B
| XLK SS Technology Select Sector | 4.95% | 291,615 | $73.8M | Add +6.5% |
| XLF SS Financial Select Sector | 2.20% | 625,597 | $32.8M | Reduce -8.2% |
| IEMG iShares Core MSCI Emerging | 2.13% | 528,982 | $31.8M | Add +31.9% |
| XLY SS Consumer Disc Select Sect | 2.08% | 142,791 | $31.0M | Add +11.9% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 1.92% | 618,568 | $28.6M | Reduce -8.3% |
| XLC SS Comm Select Sector SPDR | 1.87% | 256,992 | $27.9M | Add +58.8% |
| BNDX Vanguard Total Intl Bond ETF | 1.73% | 522,448 | $25.9M | Add +424.4% |
| XLV SS Health Care Select Sector | 1.73% | 191,069 | $25.8M | Add +1.2% |
| SGOV iShares 0-3 Month Treasury B | 1.67% | 247,000 | $24.9M | Reduce -76.3% |
| IEFA iShares Core MSCI Eafe ETF | 1.56% | 279,391 | $23.3M | Reduce -39.0% |
| QUAL iShares MSCI USA Quality Fac | 1.37% | 112,020 | $20.5M | Add +5.5% |
| SLV iShares Silver Trust | 1.33% | 602,810 | $19.8M | Add +23.1% |
| IVW iShares S&P 500 Growth ETF | 1.31% | 178,046 | $19.6M | Reduce -3.5% |
| XLP SS Consumer Staples Sel Sect | 1.31% | 240,793 | $19.5M | Add +54.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.22% | 198,298 | $18.2M | Reduce -3.9% |
| GOOG Alphabet Inc. Class C | 1.21% | 101,823 | $18.1M | Add +36.1% |
| EFV iShares MSCI Eafe Value ETF | 1.20% | 283,140 | $18.0M | Add +51.2% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 1.19% | 327,075 | $17.8M | Add +4.0% |
| NVDA Nvidia Corp. | 1.19% | 112,217 | $17.7M | Add +154.0% |
| AAPL Apple Inc. | 1.18% | 85,984 | $17.6M | Reduce -2.0% |
| TLH iShares 10-20 Year Treasury | 1.15% | 169,580 | $17.2M | Add +28.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.12% | 37,956 | $16.6M | Reduce -46.6% |
| EMB iShares JP Morgan Usd Emergi | 1.10% | 177,419 | $16.4M | Add +69.0% |
| XLI SS Industrial Select Sector | 1.08% | 108,918 | $16.1M | Reduce -32.5% |
| IVE iShares S&P 500 Value ETF | 1.04% | 79,226 | $15.5M | Add +13.2% |
| DVYE iShares Emerging Markets Div | 1.03% | 537,629 | $15.4M | Add +9.5% |
| KWEB Kranesh Csi China Internet | 1.03% | 445,927 | $15.3M | Add +106.4% |
| VOO Vanguard S&P 500 ETF | 1.00% | 26,373 | $15.0M | Reduce -52.2% |
| IVV iShares Core S&P 500 ETF | 0.90% | 21,589 | $13.4M | Reduce -48.1% |
| VIG Vanguard Dividend Apprec ETF | 0.86% | 62,684 | $12.8M | Add +9.7% |
| USHY iShares Broad Usd High Yield | 0.83% | 331,281 | $12.4M | Add +274.6% |
| IAU iShares Gold Trust | 0.78% | 187,291 | $11.7M | Add +49.4% |
| AMZN Amazon.com Inc. | 0.77% | 52,616 | $11.5M | Add +8.8% |
| VCIT Vanguard Int-Term Corporate | 0.75% | 135,501 | $11.2M | Add +68.1% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.72% | 132,140 | $10.8M | Reduce -20.6% |
| MBB iShares MBS ETF | 0.71% | 112,449 | $10.6M | Reduce -6.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.69% | 18,706 | $10.3M | Reduce -23.5% |
| META Meta Platforms Inc. Class A | 0.69% | 13,882 | $10.2M | Add +13.3% |
| IBIT iShares Bitcoin Trust ETF | 0.68% | 164,783 | $10.1M | Reduce -2.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.67% | 44,196 | $10.0M | Add +2292.8% |
| MSFT Microsoft Corp. | 0.64% | 19,073 | $9.5M | Add +9.1% |
| AEM Agnico Eagle Mines Ltd. | 0.63% | 78,472 | $9.3M | Add +74.8% |
| BND Vanguard Total Bond Market | 0.62% | 125,971 | $9.3M | Add +10.1% |
| GLD SPDR Gold Shares | 0.61% | 30,030 | $9.2M | Reduce -9.7% |
| URNM Sprott Uranium Miners ETF | 0.59% | 182,995 | $8.8M | New |
| AAPD Direxion Daily Aapl Bear 1X | 0.58% | 490,463 | $8.6M | New |
| OEF iShares S&P 100 ETF | 0.57% | 28,071 | $8.5M | Add +49.9% |
| EFG iShares MSCI Eafe Growth ETF | 0.57% | 75,750 | $8.5M | Add +1.0% |
| MINT PIMCO Enhanced Short Maturit | 0.56% | 82,854 | $8.3M | Reduce -7.9% |
| NKE Nike Inc. Class B | 0.55% | 116,433 | $8.3M | Add +685.1% |
| ZFEB Inotr Eq Def PR ETF - 1 YR F | 0.55% | 334,516 | $8.2M | Reduce -1.0% |
| CPA Copa Holdings SA Class A | 0.53% | 71,885 | $7.9M | Add +27.4% |
| IAG Iamgold Corp. | 0.53% | 1,069,010 | $7.9M | New |
| PM Philip Morris International | 0.52% | 42,829 | $7.8M | Add +732.3% |
| THRO iShares U.S. Thematic Rotati | 0.51% | 213,753 | $7.6M | Add +676.3% |
| EWZ iShares MSCI Brazil ETF | 0.51% | 261,646 | $7.5M | Add +31.4% |
| FLNG Flex LNG Ltd. | 0.49% | 335,993 | $7.4M | Reduce -2.5% |
| SCHD Schwab US DVD Equity ETF | 0.49% | 277,768 | $7.4M | Reduce -12.4% |
| ROKU Roku Inc. | 0.49% | 83,463 | $7.3M | New |
| INTU Intuit Inc. | 0.49% | 9,268 | $7.3M | Add +417.8% |
| SFM Sprouts Farmers Market Inc. | 0.48% | 43,666 | $7.2M | Add +39.9% |
| IUSV iShares Core S&P U.S. Value | 0.48% | 75,632 | $7.2M | Reduce -70.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.48% | 11,550 | $7.1M | Reduce -17.0% |
| HODL Vaneck Bitcoin ETF | 0.46% | 225,160 | $6.9M | New |
| AGI Alamos Gold Inc. Class A | 0.45% | 255,421 | $6.8M | Reduce -2.5% |
| SPLV Invesco S&P 500 Low Volatili | 0.45% | 92,307 | $6.7M | Add +38.9% |
| AVGO Broadcom Inc. | 0.45% | 24,122 | $6.6M | Reduce -0.1% |
| EWP iShares MSCI Spain ETF | 0.44% | 150,554 | $6.6M | Reduce -3.4% |
| VGSH Vanguard Short-Term Treasury | 0.43% | 110,116 | $6.5M | Add +46.7% |
| IAUX I-80 Gold Corp. | 0.43% | 10,669,817 | $6.4M | Add +57.0% |
| BOX Box Inc. Class A | 0.42% | 183,683 | $6.3M | New |
| BINC iShares Flex I A ETF-Usd Inc. | 0.42% | 117,262 | $6.2M | Add +3.2% |
| UDEC Innovator U.S. Equity Ultra | 0.41% | 168,747 | $6.1M | Add +26.0% |
| EWI iShares MSCI Italy ETF | 0.41% | 127,591 | $6.1M | Add +2.0% |
| INVESTMENT MANAGERS SER TR I | 0.41% | 334,410 | $6.1M | Add +539.4% |
| MTUM iShares MSCI USA Momentum Fa | 0.41% | 25,264 | $6.1M | Add +3.2% |
| ORCL Oracle Corp. | 0.40% | 27,073 | $5.9M | Add +146.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.38% | 18,466 | $5.6M | Reduce -9.9% |
| UJUN Innovator U.S. Equity Ultra | 0.37% | 156,677 | $5.6M | Add +2.3% |
| IYW iShares Ustechnology ETF | 0.37% | 32,086 | $5.6M | Reduce -47.9% |
| XOM Exxon Mobil Corp. | 0.37% | 50,961 | $5.5M | Add +15.4% |
| IETC iShares U.S. Tech Independen | 0.34% | 54,527 | $5.1M | Add +20.2% |
| ARTY iShares Future AI & Tech ETF | 0.34% | 124,878 | $5.1M | Add +21.9% |
| XLE SS Energy Select Sector | 0.34% | 60,266 | $5.1M | Reduce -56.6% |
| IAGG iShares Intl Aggregate Bond | 0.34% | 99,724 | $5.1M | New |
| T AT&T Inc. | 0.34% | 174,474 | $5.0M | Add +195.2% |
| STIP iShares 0-5 Year Tips Bond E | 0.33% | 48,472 | $5.0M | Add +118.9% |
| DC Dakota Gold Corp. | 0.33% | 1,342,641 | $5.0M | Add +9.6% |
| NFLX Netflix Inc. | 0.32% | 3,580 | $4.8M | Add +361.3% |
| SNAP Snap Inc. Class A | 0.32% | 545,946 | $4.7M | New |
| TSLA Tesla Inc. | 0.32% | 14,872 | $4.7M | Reduce -37.8% |
| OSIS Osi Systems Inc. | 0.32% | 20,934 | $4.7M | New |
| TECK Teck Resources Ltd.-CLS B | 0.32% | 116,527 | $4.7M | Reduce -36.5% |
| EQT Eqt Corp. | 0.31% | 79,957 | $4.7M | Add +8.7% |
| JPST JPMorgan Ultra-Short Income | 0.30% | 89,353 | $4.5M | New |
| CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC | 0.30% | 35,468 | $4.5M | Add +996.7% |
| SFLR Innovator Eqty MGD Floor ETF | 0.30% | 133,433 | $4.5M | Reduce -2.5% |
| WPM Wheaton Precious Metals Corp. | 0.30% | 49,106 | $4.4M | New |
| TRI Thomson Reuters Corp. | 0.29% | 21,628 | $4.4M | New |
| BALT Inn Defined Wealth Shield | 0.29% | 135,559 | $4.3M | Add +5.5% |
Options reported separately and not counted above: SPY calls ($659K).
Portfolio Sells Q1 2025 → Q2 2025
| SGOV iShares 0-3 Month Treasury B | Reduce -76.3% | 1.67% | −5.91 |
| TUA Sim St Treas Fut Strat ETF | Sold out | 0.00% | −1.32 |
| IUSV iShares Core S&P U.S. Value | Reduce -70.5% | 0.48% | −1.23 |
| VOO Vanguard S&P 500 ETF | Reduce -52.2% | 1.00% | −1.05 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -39.0% | 1.56% | −0.94 |
| RFIX Simplify Bond Bull ETF | Sold out | 0.00% | −0.90 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -46.6% | 1.12% | −0.79 |
| IVV iShares Core S&P 500 ETF | Reduce -48.1% | 0.90% | −0.79 |
| GDXJ Vaneck Junior Gold Miners | Sold out | 0.00% | −0.66 |
| EZU iShares MSCI Eurozone ETF | Reduce -87.6% | 0.09% | −0.60 |
| XLE SS Energy Select Sector | Reduce -56.6% | 0.34% | −0.60 |
| VXX Ipath Series B S&P 500 Vix | Sold out | 0.00% | −0.55 |
| EWJ iShares MSCI Japan ETF | Reduce -87.0% | 0.08% | −0.53 |
| SU Suncor Energy Inc. | Sold out | 0.00% | −0.52 |
| DG Dollar General Corp. | Sold out | 0.00% | −0.46 |
| IBM Intl Business Machines Corp. | Reduce -92.6% | 0.04% | −0.45 |
| XLI SS Industrial Select Sector | Reduce -32.5% | 1.08% | −0.45 |
| BJ Bj's Wholesale Club Holdings | Sold out | 0.00% | −0.42 |
| NXE Nexgen Energy Ltd. | Sold out | 0.00% | −0.34 |
| JAAA Janus Henderson Aaa Clo ETF | Sold out | 0.00% | −0.33 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -8.3% | 1.92% | −0.33 |
| VFH Vanguard Financials ETF | Sold out | 0.00% | −0.30 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -59.9% | 0.22% | −0.29 |
| XLF SS Financial Select Sector | Reduce -8.2% | 2.20% | −0.26 |
| TMUS T-Mobile US Inc. | Reduce -65.8% | 0.10% | −0.26 |
| WMT Walmart Inc. | Reduce -83.5% | 0.05% | −0.25 |
| IYW iShares Ustechnology ETF | Reduce -47.9% | 0.37% | −0.25 |
| AXSM Axsome Therapeutics Inc. | Sold out | 0.00% | −0.25 |
| DUG Proshares Ultrashort Energy | Sold out | 0.00% | −0.23 |
| AAPL Apple Inc. | Reduce -2.0% | 1.18% | −0.23 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -20.6% | 0.72% | −0.23 |
| EPD Enterprise Products Partners | Reduce -90.9% | 0.02% | −0.22 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.22 |
| TLT iShares 20+ Year Treasury BD | Reduce -52.0% | 0.16% | −0.21 |
| PH Parker Hannifin Corp. | Sold out | 0.00% | −0.21 |
| AMLP Alerian MLP ETF | Sold out | 0.00% | −0.21 |
| C Citigroup Inc. | Sold out | 0.00% | −0.21 |
| PTGX Protagonist Therapeutics Inc. | Sold out | 0.00% | −0.20 |
| NET Cloudflare Inc. Class A | Sold out | 0.00% | −0.19 |
| CORT Corcept Therapeutics Inc. | Sold out | 0.00% | −0.18 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -47.9% | 0.17% | −0.18 |
| FCTE Smi 3FOURTEEN Full-CYCL TRND | Sold out | 0.00% | −0.18 |
| TECK Teck Resources Ltd.-CLS B | Reduce -36.5% | 0.32% | −0.17 |
| TIP iShares Tips Bond ETF | Reduce -61.5% | 0.09% | −0.16 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -3.9% | 1.22% | −0.15 |
| SCHD Schwab US DVD Equity ETF | Reduce -12.4% | 0.49% | −0.15 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -23.5% | 0.69% | −0.14 |
| TSLA Tesla Inc. | Reduce -37.8% | 0.32% | −0.13 |
| MBB iShares MBS ETF | Reduce -6.7% | 0.71% | −0.11 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -69.6% | 0.05% | −0.11 |
Portfolio Buys Q1 2025 → Q2 2025
| BNDX Vanguard Total Intl Bond ETF | Add +424.4% | 1.73% | +1.38 |
| XLK SS Technology Select Sector | Add +6.5% | 4.95% | +0.86 |
| NVDA Nvidia Corp. | Add +154.0% | 1.19% | +0.84 |
| XLC SS Comm Select Sector SPDR | Add +58.8% | 1.87% | +0.74 |
| TSM Taiwan Semiconductor-SP ADR | Add +2292.8% | 0.67% | +0.65 |
| USHY iShares Broad Usd High Yield | Add +274.6% | 0.83% | +0.60 |
| URNM Sprott Uranium Miners ETF | New | 0.59% | +0.59 |
| AAPD Direxion Daily Aapl Bear 1X | New | 0.58% | +0.58 |
| IEMG iShares Core MSCI Emerging | Add +31.9% | 2.13% | +0.56 |
| IAG Iamgold Corp. | New | 0.53% | +0.53 |
| ROKU Roku Inc. | New | 0.49% | +0.49 |
| NKE Nike Inc. Class B | Add +685.1% | 0.55% | +0.49 |
| KWEB Kranesh Csi China Internet | Add +106.4% | 1.03% | +0.48 |
| PM Philip Morris International | Add +732.3% | 0.52% | +0.46 |
| HODL Vaneck Bitcoin ETF | New | 0.46% | +0.46 |
| THRO iShares U.S. Thematic Rotati | Add +676.3% | 0.51% | +0.45 |
| BOX Box Inc. Class A | New | 0.42% | +0.42 |
| EMB iShares JP Morgan Usd Emergi | Add +69.0% | 1.10% | +0.41 |
| INTU Intuit Inc. | Add +417.8% | 0.49% | +0.41 |
| EFV iShares MSCI Eafe Value ETF | Add +51.2% | 1.20% | +0.41 |
| XLP SS Consumer Staples Sel Sect | Add +54.6% | 1.31% | +0.39 |
| GOOG Alphabet Inc. Class C | Add +36.1% | 1.21% | +0.36 |
| IAGG iShares Intl Aggregate Bond | New | 0.34% | +0.34 |
| SNAP Snap Inc. Class A | New | 0.32% | +0.32 |
| OSIS Osi Systems Inc. | New | 0.32% | +0.32 |
| JPST JPMorgan Ultra-Short Income | New | 0.30% | +0.30 |
| WPM Wheaton Precious Metals Corp. | New | 0.30% | +0.30 |
| TRI Thomson Reuters Corp. | New | 0.29% | +0.29 |
| ORCL Oracle Corp. | Add +146.7% | 0.40% | +0.29 |
| CVSA Covista Inc. | Add +996.7% | 0.30% | +0.28 |
| IYR iShares US Real Estate ETF | New | 0.28% | +0.28 |
| VCIT Vanguard Int-Term Corporate | Add +68.1% | 0.75% | +0.28 |
| AEM Agnico Eagle Mines Ltd. | Add +74.8% | 0.63% | +0.27 |
| NFLX Netflix Inc. | Add +361.3% | 0.32% | +0.27 |
| TMDX Transmedics Group Inc. | New | 0.26% | +0.26 |
| BKNG Booking Holdings Inc. | New | 0.26% | +0.26 |
| XLY SS Consumer Disc Select Sect | Add +11.9% | 2.08% | +0.26 |
| AS Amer Sports Inc. | New | 0.26% | +0.26 |
| GWRE Guidewire Software Inc. | New | 0.25% | +0.25 |
| IAU iShares Gold Trust | Add +49.4% | 0.78% | +0.25 |
| NEM Newmont Corp. | New | 0.24% | +0.24 |
| INVESTMENT MANAGERS SER TR I | Add +539.4% | 0.41% | +0.24 |
| MOS The Mosaic Co. | New | 0.23% | +0.23 |
| SLV iShares Silver Trust | Add +23.1% | 1.33% | +0.23 |
| JBL Jabil Inc. | New | 0.23% | +0.23 |
| PPLT Abrdn Physical Platinum SHRS | New | 0.23% | +0.23 |
| NRG NRG Energy Inc. | New | 0.23% | +0.23 |
| URBN Urban Outfitters Inc. | New | 0.23% | +0.23 |
| JCI Johnson Controls Internation | New | 0.22% | +0.22 |
| ENB Enbridge Inc. | New | 0.22% | +0.22 |
Options Activity Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +22.4% | 32,200 | $659K |
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 | 501 | $2.0B | XLK, IVV, IEMG, SGOV, IUSB |
| Q1 2026 | 470 | $1.9B | XLK, SGOV, SJB, VXX, IEMG |
| Q4 2025 | 446 | $1.7B | XLK, IEMG, XLF, VOO, VUG |
| Q3 2025 | 434 | $1.7B | XLK, IEMG, XLF, VOO, VUG |
| Q2 2025 | 415 | $1.5B | XLK, XLF, IEMG, XLY, IUSB |
| Q1 2025 | 381 | $1.4B | SGOV, XLK, IEFA, XLF, IUSB |
| Q4 2024 | 405 | $1.3B | XLK, VOO, VUG, XLF, XLY |
| Q3 2024 | 388 | $1.3B | XLK, FCTE, VOO, IUSB, XLF |
| Q2 2024 | 386 | $1.3B | XLK, VUG, VOO, QQQ, BIL |
| Q1 2024 | 387 | $1.3B | XLK, VOO, VUG, IVV, BIL |