Trek Financial, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 31, 2025), Trek Financial, LLC reported 434 stock positions worth $1.7 billion. Its top holding was SS Technology Select Sector (XLK) at 4.9% of the portfolio, followed by iShares Core MSCI Emerging (IEMG, 2.8%) and SS Financial Select Sector (XLF, 2.8%). Compared with Q2 2025, it opened 84 new positions, sold out of 65, added to 175 and reduced 137. The biggest buy was a new position in Ipath Series B S&P 500 Vix (VXX) and the biggest sale Vanguard Total Intl Bond ETF (BNDX, shares −92%).
- Most Recent 13F
- Q2 2026
- Location
- Scottsdale, AZ
- CIK
- 0001768195
- Portfolio Value
- $1.7B (Q3 2025)
- SEC Filing
- 0001104659-25-104735 ↗ filed Oct 31, 2025
Holdings Value
Holdings 434 stocks · $1.7B
| XLK SS Technology Select Sector | 4.85% | 289,167 | $81.5M | Reduce -0.8% |
| IEMG iShares Core MSCI Emerging | 2.81% | 716,747 | $47.2M | Add +35.5% |
| XLF SS Financial Select Sector | 2.77% | 863,200 | $46.5M | Add +38.0% |
| VOO Vanguard S&P 500 ETF | 2.32% | 63,604 | $38.9M | Add +141.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.15% | 75,264 | $36.1M | Add +98.3% |
| XLY SS Consumer Disc Select Sect | 2.09% | 146,570 | $35.1M | Add +2.6% |
| GOOG Alphabet Inc. Class C | 2.07% | 142,706 | $34.8M | Add +40.1% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 1.75% | 627,759 | $29.3M | Add +1.5% |
| XLV SS Health Care Select Sector | 1.61% | 194,554 | $27.1M | Add +1.8% |
| IEFA iShares Core MSCI Eafe ETF | 1.56% | 300,274 | $26.2M | Add +7.5% |
| XLC SS Comm Select Sector SPDR | 1.48% | 209,595 | $24.8M | Reduce -18.4% |
| VXX Ipath Series B S&P 500 Vix filed as BARCLAYS BANK PLC | 1.45% | 734,495 | $24.4M | New |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 1.42% | 402,993 | $23.9M | Add +23.2% |
| AAPL Apple Inc. | 1.37% | 90,384 | $23.0M | Add +5.1% |
| SGOV iShares 0-3 Month Treasury B | 1.34% | 223,412 | $22.5M | Reduce -9.6% |
| IVW iShares S&P 500 Growth ETF | 1.27% | 176,348 | $21.3M | Reduce -0.9% |
| MSFT Microsoft Corp. | 1.18% | 38,188 | $19.8M | Add +100.2% |
| QUAL iShares MSCI USA Quality Fac | 1.17% | 100,718 | $19.6M | Reduce -10.1% |
| XLP SS Consumer Staples Sel Sect | 1.14% | 243,897 | $19.1M | Add +1.3% |
| CQQQ Invesco China Technology ETF | 1.12% | 319,405 | $18.8M | New |
| NVDA Nvidia Corp. | 1.10% | 98,693 | $18.4M | Reduce -12.1% |
| EFV iShares MSCI Eafe Value ETF | 1.04% | 256,390 | $17.4M | Reduce -9.4% |
| IVE iShares S&P 500 Value ETF | 1.00% | 80,962 | $16.7M | Add +2.2% |
| OEF iShares S&P 100 ETF | 0.99% | 49,849 | $16.6M | Add +77.6% |
| IVV iShares Core S&P 500 ETF | 0.98% | 24,476 | $16.4M | Add +13.4% |
| TAN Invesco Solar ETF | 0.96% | 370,842 | $16.2M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.93% | 55,836 | $15.6M | Add +26.3% |
| XLI SS Industrial Select Sector | 0.91% | 98,884 | $15.3M | Reduce -9.2% |
| TLH iShares 10-20 Year Treasury | 0.88% | 143,038 | $14.7M | Reduce -15.7% |
| VIG Vanguard Dividend Apprec ETF | 0.82% | 63,862 | $13.8M | Add +1.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.78% | 141,926 | $13.0M | Reduce -28.4% |
| AMZN Amazon.com Inc. | 0.77% | 59,254 | $13.0M | Add +12.6% |
| IAU iShares Gold Trust | 0.74% | 171,446 | $12.5M | Reduce -8.5% |
| MBB iShares MBS ETF | 0.74% | 130,199 | $12.4M | Add +15.8% |
| SLV iShares Silver Trust | 0.73% | 289,463 | $12.3M | Reduce -52.0% |
| TSLA Tesla Inc. | 0.72% | 27,188 | $12.1M | Add +82.8% |
| IBIT iShares Bitcoin Trust ETF | 0.68% | 174,685 | $11.4M | Add +6.0% |
| GLD SPDR Gold Shares | 0.67% | 31,754 | $11.3M | Add +5.7% |
| META Meta Platforms Inc. Class A | 0.66% | 15,115 | $11.1M | Add +8.9% |
| IAUX I-80 Gold Corp. | 0.64% | 11,173,852 | $10.7M | Add +4.7% |
| AVGO Broadcom Inc. | 0.62% | 31,713 | $10.5M | Add +31.5% |
| DVYE iShares Emerging Markets Div | 0.62% | 348,265 | $10.3M | Reduce -35.2% |
| BAI Ishrs AI in and Tech Act ETF | 0.55% | 272,692 | $9.3M | Add +194.6% |
| CPA Copa Holdings SA Class A | 0.54% | 76,176 | $9.1M | Add +6.0% |
| BND Vanguard Total Bond Market | 0.53% | 120,077 | $8.9M | Reduce -4.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.53% | 13,380 | $8.9M | Add +15.8% |
| FLNG Flex LNG Ltd. | 0.53% | 353,238 | $8.9M | Add +5.1% |
| FXI iShares China Large-Cap ETF | 0.53% | 215,913 | $8.9M | New |
| ROKU Roku Inc. | 0.53% | 88,317 | $8.8M | Add +5.8% |
| ITA iShares U.S. Aerospace & Def | 0.52% | 42,125 | $8.8M | New |
| THRO iShares U.S. Thematic Rotati | 0.52% | 231,905 | $8.8M | Add +8.5% |
| PLTR Palantir Technologies Inc. Class A | 0.52% | 47,624 | $8.7M | Add +1629.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.51% | 98,226 | $8.6M | Reduce -25.7% |
| USDU Wisdomtree BBG Usd Bullish | 0.51% | 323,715 | $8.5M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.48% | 13,552 | $8.1M | Reduce -27.6% |
| ZFEB Inotr Eq Def PR ETF - 1 YR F | 0.48% | 324,408 | $8.1M | Reduce -3.0% |
| NVD Granitesh 2XSHT Nvda ETF-Usd | 0.48% | 925,962 | $8.1M | New |
| NKE Nike Inc. Class B | 0.47% | 113,239 | $7.9M | Reduce -2.7% |
| BABA Alibaba Group Holding-SP ADR | 0.46% | 43,608 | $7.8M | New |
| HODL Vaneck Bitcoin ETF | 0.45% | 235,315 | $7.6M | Add +4.5% |
| EQT Eqt Corp. | 0.44% | 136,759 | $7.4M | Add +71.0% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.44% | 138,625 | $7.4M | Add +18.2% |
| MTUM iShares MSCI USA Momentum Fa | 0.43% | 27,989 | $7.2M | Add +10.8% |
| ARTY iShares Future AI & Tech ETF | 0.42% | 154,700 | $7.1M | Add +23.9% |
| SFM Sprouts Farmers Market Inc. | 0.42% | 64,761 | $7.0M | Add +48.3% |
| IETC iShares U.S. Tech Independen | 0.41% | 67,968 | $6.9M | Add +24.6% |
| APP AppLovin Corp. Class A | 0.41% | 9,630 | $6.9M | Add +851.6% |
| SPLV Invesco S&P 500 Low Volatili | 0.41% | 93,170 | $6.8M | Add +0.9% |
| AEO American Eagle Outfitters | 0.39% | 378,504 | $6.5M | New |
| STIP iShares 0-5 Year Tips Bond E | 0.38% | 61,662 | $6.4M | Add +27.2% |
| SCHD Schwab US DVD Equity ETF | 0.37% | 228,916 | $6.2M | Reduce -17.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.37% | 18,851 | $6.2M | Add +2.1% |
| MINT PIMCO Enhanced Short Maturit | 0.36% | 60,451 | $6.1M | Reduce -27.0% |
| IAGG iShares Intl Aggregate Bond | 0.35% | 116,287 | $6.0M | Add +16.6% |
| IUSV iShares Core S&P U.S. Value | 0.34% | 57,733 | $5.8M | Reduce -23.7% |
| EMB iShares JP Morgan Usd Emergi | 0.34% | 59,781 | $5.7M | Reduce -66.3% |
| UJUN Innovator U.S. Equity Ultra | 0.34% | 154,553 | $5.7M | Reduce -1.4% |
| DC Dakota Gold Corp. | 0.33% | 1,226,076 | $5.6M | Reduce -8.7% |
| ASM Avino Silver & Gold Mines | 0.33% | 1,046,742 | $5.5M | Add +129.7% |
| EWJ iShares MSCI Japan ETF | 0.32% | 67,819 | $5.4M | Add +323.6% |
| UDEC Innovator U.S. Equity Ultra | 0.32% | 141,131 | $5.4M | Reduce -16.4% |
| COPX Global X Copper Miners ETF | 0.32% | 90,411 | $5.4M | New |
| IYZ iShares US Telecommunication | 0.32% | 165,233 | $5.3M | New |
| GOOGL Alphabet Inc. Class A | 0.31% | 21,718 | $5.3M | Add +14.8% |
| RIG Transocean Ltd. | 0.31% | 1,654,392 | $5.2M | New |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.30% | 56,813 | $5.0M | New |
| XLE SS Energy Select Sector | 0.30% | 55,480 | $5.0M | Reduce -7.9% |
| WPM Wheaton Precious Metals Corp. | 0.29% | 44,080 | $4.9M | Reduce -10.2% |
| NOC Northrop Grumman Corp. | 0.29% | 7,956 | $4.8M | New |
| SCHG Schwab US Large-Cap Growth | 0.29% | 151,489 | $4.8M | Add +6.3% |
| XOM Exxon Mobil Corp. | 0.29% | 42,817 | $4.8M | Reduce -16.0% |
| C Citigroup Inc. | 0.29% | 47,295 | $4.8M | New |
| NEM Newmont Corp. | 0.28% | 56,486 | $4.8M | Reduce -7.8% |
| SFLR Innovator Eqty MGD Floor ETF | 0.28% | 130,833 | $4.7M | Reduce -1.9% |
| UI Ubiquiti Inc. | 0.28% | 7,076 | $4.7M | Add +379.7% |
| CBRE CBRE Group Inc. Class A | 0.28% | 29,643 | $4.7M | New |
| PM Philip Morris International | 0.28% | 28,698 | $4.7M | Reduce -33.0% |
| SOC Sable Offshore Corp. | 0.28% | 266,422 | $4.7M | New |
| SBSW Sibanye-Stillwater Ltd.-ADR | 0.27% | 399,754 | $4.5M | Reduce -10.2% |
| SNAP Snap Inc. Class A | 0.27% | 578,276 | $4.5M | Add +5.9% |
Options reported separately and not counted above: SPY calls ($1.4M).
Portfolio Sells Q2 2025 → Q3 2025
| BNDX Vanguard Total Intl Bond ETF | Reduce -91.8% | 0.13% | −1.61 |
| KWEB Kranesh Csi China Internet | Sold out | 0.00% | −1.03 |
| EMB iShares JP Morgan Usd Emergi | Reduce -66.3% | 0.34% | −0.76 |
| USHY iShares Broad Usd High Yield | Reduce -72.5% | 0.21% | −0.63 |
| SLV iShares Silver Trust | Reduce -52.0% | 0.73% | −0.60 |
| URNM Sprott Uranium Miners ETF | Sold out | 0.00% | −0.59 |
| AAPD Direxion Daily Aapl Bear 1X | Sold out | 0.00% | −0.58 |
| VCIT Vanguard Int-Term Corporate | Reduce -73.8% | 0.18% | −0.58 |
| EWZ iShares MSCI Brazil ETF | Sold out | 0.00% | −0.51 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -28.4% | 0.78% | −0.44 |
| AEM Agnico Eagle Mines Ltd. | Reduce -74.8% | 0.20% | −0.43 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -71.2% | 0.15% | −0.42 |
| BOX Box Inc. Class A | Sold out | 0.00% | −0.42 |
| DVYE iShares Emerging Markets Div | Reduce -35.2% | 0.62% | −0.42 |
| INTU Intuit Inc. | Reduce -79.8% | 0.08% | −0.41 |
| EWI iShares MSCI Italy ETF | Sold out | 0.00% | −0.41 |
| IAG Iamgold Corp. | Reduce -85.9% | 0.12% | −0.41 |
| VGSH Vanguard Short-Term Treasury | Reduce -91.5% | 0.03% | −0.40 |
| EWP iShares MSCI Spain ETF | Reduce -90.2% | 0.04% | −0.40 |
| XLC SS Comm Select Sector SPDR | Reduce -18.4% | 1.48% | −0.39 |
| IYW iShares Ustechnology ETF | Reduce -90.2% | 0.04% | −0.34 |
| SGOV iShares 0-3 Month Treasury B | Reduce -9.6% | 1.34% | −0.33 |
| OSIS Osi Systems Inc. | Sold out | 0.00% | −0.32 |
| TRI Thomson Reuters Corp. | Sold out | 0.00% | −0.29 |
| AGI Alamos Gold Inc. Class A | Reduce -66.8% | 0.18% | −0.28 |
| TLH iShares 10-20 Year Treasury | Reduce -15.7% | 0.88% | −0.28 |
| IYR iShares US Real Estate ETF | Sold out | 0.00% | −0.28 |
| CVSA Covista Inc. | Reduce -88.7% | 0.04% | −0.27 |
| TMDX Transmedics Group Inc. | Sold out | 0.00% | −0.26 |
| NFLX Netflix Inc. | Reduce -76.9% | 0.06% | −0.26 |
| AS Amer Sports Inc. | Sold out | 0.00% | −0.26 |
| GWRE Guidewire Software Inc. | Sold out | 0.00% | −0.25 |
| PM Philip Morris International | Reduce -33.0% | 0.28% | −0.25 |
| BKNG Booking Holdings Inc. | Reduce -92.4% | 0.02% | −0.25 |
| T AT&T Inc. | Reduce -65.5% | 0.10% | −0.24 |
| MOS The Mosaic Co. | Sold out | 0.00% | −0.23 |
| JBL Jabil Inc. | Sold out | 0.00% | −0.23 |
| NRG NRG Energy Inc. | Sold out | 0.00% | −0.23 |
| URBN Urban Outfitters Inc. | Sold out | 0.00% | −0.23 |
| WELL Welltower Inc. | Sold out | 0.00% | −0.22 |
| ENB Enbridge Inc. | Sold out | 0.00% | −0.22 |
| HDB HDFC Bank Ltd.-ADR | Sold out | 0.00% | −0.22 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -25.7% | 0.51% | −0.21 |
| KJUL Innovator U.S. Small Cap Pow | Sold out | 0.00% | −0.21 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -27.6% | 0.48% | −0.21 |
| QUAL iShares MSCI USA Quality Fac | Reduce -10.1% | 1.17% | −0.21 |
| ORCL Oracle Corp. | Reduce -56.4% | 0.20% | −0.20 |
| MINT PIMCO Enhanced Short Maturit | Reduce -27.0% | 0.36% | −0.20 |
| NTR Nutrien Ltd. | Sold out | 0.00% | −0.19 |
| ODD Oddity Tech Ltd. Class A | Sold out | 0.00% | −0.19 |
Portfolio Buys Q2 2025 → Q3 2025
| VXX Ipath Series B S&P 500 Vix | New | 1.45% | +1.45 |
| VOO Vanguard S&P 500 ETF | Add +141.2% | 2.32% | +1.32 |
| CQQQ Invesco China Technology ETF | New | 1.12% | +1.12 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +98.3% | 2.15% | +1.03 |
| TAN Invesco Solar ETF | New | 0.96% | +0.96 |
| GOOG Alphabet Inc. Class C | Add +40.1% | 2.07% | +0.86 |
| IEMG iShares Core MSCI Emerging | Add +35.5% | 2.81% | +0.69 |
| XLF SS Financial Select Sector | Add +38.0% | 2.77% | +0.57 |
| MSFT Microsoft Corp. | Add +100.2% | 1.18% | +0.54 |
| FXI iShares China Large-Cap ETF | New | 0.53% | +0.53 |
| ITA iShares U.S. Aerospace & Def | New | 0.52% | +0.52 |
| USDU Wisdomtree BBG Usd Bullish | New | 0.51% | +0.51 |
| PLTR Palantir Technologies Inc. Class A | Add +1629.3% | 0.52% | +0.49 |
| NVD Granitesh 2XSHT Nvda ETF-Usd | New | 0.48% | +0.48 |
| BABA Alibaba Group Holding-SP ADR | New | 0.46% | +0.46 |
| OEF iShares S&P 100 ETF | Add +77.6% | 0.99% | +0.42 |
| TSLA Tesla Inc. | Add +82.8% | 0.72% | +0.40 |
| APP AppLovin Corp. Class A | Add +851.6% | 0.41% | +0.39 |
| AEO American Eagle Outfitters | New | 0.39% | +0.39 |
| BAI Ishrs AI in and Tech Act ETF | Add +194.6% | 0.55% | +0.38 |
| COPX Global X Copper Miners ETF | New | 0.32% | +0.32 |
| IYZ iShares US Telecommunication | New | 0.32% | +0.32 |
| RIG Transocean Ltd. | New | 0.31% | +0.31 |
| EL Estee Lauder Companies Class A | New | 0.30% | +0.30 |
| NOC Northrop Grumman Corp. | New | 0.29% | +0.29 |
| C Citigroup Inc. | New | 0.29% | +0.29 |
| CBRE CBRE Group Inc. Class A | New | 0.28% | +0.28 |
| SOC Sable Offshore Corp. | New | 0.28% | +0.28 |
| TSM Taiwan Semiconductor-SP ADR | Add +26.3% | 0.93% | +0.26 |
| EWY iShares MSCI South Korea ETF | New | 0.25% | +0.25 |
| E Eni SPA-Sponsored ADR | New | 0.25% | +0.25 |
| EWJ iShares MSCI Japan ETF | Add +323.6% | 0.32% | +0.24 |
| FAST Fastenal Co. | New | 0.24% | +0.24 |
| UI Ubiquiti Inc. | Add +379.7% | 0.28% | +0.24 |
| EBAY eBay Inc. | New | 0.23% | +0.23 |
| CSGP Costar Group Inc. | New | 0.23% | +0.23 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +23.2% | 1.42% | +0.23 |
| LRCX Lam Research Corp. | New | 0.23% | +0.23 |
| VZLA Vizsla Silver Corp. | New | 0.22% | +0.22 |
| CDNS Cadence Design SYS Inc. | New | 0.22% | +0.22 |
| ASM Avino Silver & Gold Mines | Add +129.7% | 0.33% | +0.22 |
| GEV GE Vernova Inc. | New | 0.21% | +0.21 |
| ORLA Orla Mining Ltd. | New | 0.21% | +0.21 |
| IAUX I-80 Gold Corp. | Add +4.7% | 0.64% | +0.21 |
| P Everpure Inc. Class A | New | 0.20% | +0.20 |
| VAL Valaris Ltd. | New | 0.20% | +0.20 |
| NE Noble Corp. PLC | New | 0.20% | +0.20 |
| AAPL Apple Inc. | Add +5.1% | 1.37% | +0.19 |
| AVGO Broadcom Inc. | Add +31.5% | 0.62% | +0.18 |
| SNDK Sandisk Corp. | New | 0.15% | +0.15 |
Options Activity Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +79.2% | 57,700 | $1.4M |
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 |