Defiance ETFs, LLC

Quant stat arb Low signal CIK 1732541
League rank
#5
in Quant stat arb · #198 overall
Long book
$6.95B
Q1 2026
Positions
364
Top-10 weight
42%
concentration
Last quarter
+30.1%
SPY +14.8%
Turnover
68%
of book per quarter

Strategy in plain words

auto-generated from filings

Defiance ETFs, LLC is a quantitative fund whose holdings reflect models, not opinions, running a $6.95B US long book across 364 positions.

The portfolio is moderately concentrated (top 10 ≈ 42% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ORACLE CORP, IREN LTD, BROADCOM INC, ROCKET LAB CORP, STRATEGY INC.

Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2025
+1.1%
Q1 2026
+30.1%

Sector allocation

Technology
57%
Financials
15%
Industrials
12%
Healthcare
5%
Utilities
4%
Other
3%
Communications
2%
Services media
2%

Long book by quarter

$3.05B
Q4 2025
$6.95B
Q1 2026

What does Defiance ETFs, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
ORCL ORACLE CORPTechnology3.3M$488.8M7.0%+1113.1%
IREN IREN LTDFinancials12.7M$434.4M6.2%New
AVGO BROADCOM INCTechnology1.3M$405.6M5.8%+624.2%
RKLB ROCKET LAB CORPIndustrials5.6M$361.3M5.2%+18556.6%
MSTR STRATEGY INCFinancials2.9M$359.1M5.2%New
IONQ IONQ INCTechnology9.7M$279.7M4.0%+1155.2%
OKLO OKLO INCUtilities3.6M$180.7M2.6%New
HIMS HIMS & HERS HEALTH INCHealthcare7.4M$154.1M2.2%New
SMCI SUPER MICRO COMPUTER INCTechnology6.2M$141.6M2.0%New
LLY ELI LILLY & COHealthcare116.8K$107.5M1.5%New
ONDS ONDAS INCTechnology10.3M$93.5M1.3%New
SOFI SOFI TECHNOLOGIES INCFinancials5.4M$85.0M1.2%New
NVDA NVIDIA CORPTechnology477.2K$83.2M1.2%+21.5%
RGTI RIGETTI COMPUTING INCTechnology4.7M$65.3M0.9%+204.1%
CSCO CISCO SYSTEMS INCTechnology834.0K$64.7M0.9%-1.8%
TER TERADYNE INCTechnology206.7K$61.3M0.9%+5.6%
MRVL MARVELL TECHNOLOGY INCTechnology606.8K$60.1M0.9%-1.6%
TSEM TOWER SEMICONDUCTOR LTDTechnology332.6K$58.4M0.8%+5.3%
MKSI MKS INCTechnology250.6K$57.6M0.8%+5.3%
MU MICRON TECHNOLOGY INCTechnology163.9K$55.4M0.8%+8.2%
STM STMICROELECTRONICS NV-NY SHSTechnology1.6M$55.2M0.8%+5.3%
LMT LOCKHEED MARTIN CORPIndustrials90.7K$54.8M0.8%+6.2%
LRCX LAM RESEARCH CORPIndustrials255.4K$54.6M0.8%+7.6%
COHR COHERENT CORPOther226.2K$53.9M0.8%+11.8%
AMAT APPLIED MATERIALS INCTechnology155.5K$53.2M0.8%+7.2%
NOC NORTHROP GRUMMAN CORPTechnology76.2K$52.0M0.7%+6.0%
ONTO ONTO INNOVATION INCOther249.9K$51.2M0.7%+5.3%
LSCC LATTICE SEMICONDUCTOR CORPTechnology548.2K$50.9M0.7%+7.6%
KLAC KLA CORPOther34.4K$50.6M0.7%+6.7%
HON HONEYWELL INTERNATIONAL INCIndustrials221.1K$50.0M0.7%+6.3%
ASML ASML HOLDING NV-NY REG SHSIndustrials37.6K$49.6M0.7%+5.3%
CRUS CIRRUS LOGIC INCTechnology332.9K$48.1M0.7%+5.3%
ADI ANALOG DEVICES INCTechnology151.0K$48.0M0.7%+6.5%
RTX RTX CORPIndustrials247.8K$47.8M0.7%+3.7%
ON ON SEMICONDUCTORTechnology764.9K$47.4M0.7%+5.5%
INTC INTEL CORPTechnology1.0M$46.2M0.7%+7.0%
TXN TEXAS INSTRUMENTS INCTechnology234.6K$45.5M0.7%+6.7%
QCOM QUALCOMM INCTechnology346.7K$44.6M0.6%+3.0%
AMD ADVANCED MICRO DEVICESTechnology212.9K$43.3M0.6%+18.0%
NET CLOUDFLARE INC - CLASS ATechnology198.1K$40.9M0.6%+5.9%
MCHP MICROCHIP TECHNOLOGY INCTechnology621.4K$40.1M0.6%+5.6%
HPE HEWLETT PACKARD ENTERPRISETechnology1.7M$39.8M0.6%+5.6%
LUNR INTUITIVE MACHINES INCTechnology2.1M$38.7M0.6%New
NVEC NVE CORPTechnology580.5K$38.0M0.5%+5.3%
GOOGL ALPHABET INC-CL ATechnology132.2K$38.0M0.5%+6.0%
CRWV COREWEAVE INC-CL ATechnology478.2K$37.0M0.5%+5.6%
NXPI NXP SEMICONDUCTORS NVTechnology182.3K$35.9M0.5%+5.3%
BAH BOOZ ALLEN HAMILTON HOLDINGSServices media452.3K$35.3M0.5%+5.3%
SNPS SYNOPSYS INCTechnology89.0K$35.3M0.5%+6.0%
AAPL APPLE INCTechnology137.5K$34.9M0.5%+0.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026366$6.98B canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026119$3.06B canonicalSEC ↗