Main Management ETF Advisors, LLC
Long book
$2.68B
Q1 2026
Positions
115
Top-10 weight
88%
concentration
Last quarter
+17.5%
SPY +14.8%
Turnover
85%
of book per quarter
Strategy in plain words
auto-generated from filingsMain Management ETF Advisors, LLC is a wealth-management firm allocating client money, running a $2.68B US long book across 115 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: SS TECHNOLOGY SELECT SECTOR, SS HEALTH CARE SELECT SECTOR, SS COMM SELECT SECTOR SPDR, SS FINANCIAL SELECT SECTOR, SS CONSUMER DISC SELECT SECT.
Over the last 9 quarters its long book ran on average 0.4pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.9%
Q2 2024
+3.9%
Q3 2024
+2.6%
Q4 2024
-7.4%
Q1 2025
+13.6%
Q2 2025
+9.9%
Q3 2025
+1.7%
Q4 2025
-6.9%
Q1 2026
+17.5%
Sector allocation
Technology 50%
Industrials 21%
Services media 10%
Healthcare 7%
Utilities 6%
Other 5%
Communications 1%
Financials 1%
Long book by quarter
What does Main Management own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| PANW PALO ALTO NETWORKS INC | Technology | 29.5K | $4.7M | 0.2% | New |
| YOU CLEAR SECURE INC -CLASS A | Technology | 96.6K | $4.7M | 0.2% | New |
| LITE LUMENTUM HOLDINGS INC | Technology | 6.3K | $4.5M | 0.2% | New |
| CIEN CIENA CORP | Technology | 10.3K | $4.0M | 0.1% | New |
| MU MICRON TECHNOLOGY INC | Technology | 11.3K | $3.8M | 0.1% | -9.8% |
| KEYS KEYSIGHT TECHNOLOGIES IN | Technology | 12.6K | $3.6M | 0.1% | New |
| GEV GE VERNOVA INC | Industrials | 4.0K | $3.5M | 0.1% | New |
| SRAD SPORTRADAR GROUP AG-A | Technology | 205.1K | $3.4M | 0.1% | New |
| ADSK AUTODESK INC | Technology | 14.3K | $3.4M | 0.1% | New |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 8.0K | $3.1M | 0.1% | +1.8% |
| UBER UBER TECHNOLOGIES INC | Services media | 42.8K | $3.1M | 0.1% | New |
| AGX ARGAN INC | Industrials | 5.5K | $3.0M | 0.1% | New |
| PODD INSULET CORP | Healthcare | 14.2K | $3.0M | 0.1% | +159.7% |
| NET CLOUDFLARE INC - CLASS A | Technology | 14.2K | $2.9M | 0.1% | -66.3% |
| FTNT FORTINET INC | Technology | 35.7K | $2.9M | 0.1% | New |
| WWD WOODWARD INC | Industrials | 7.9K | $2.8M | 0.1% | New |
| AAON AAON INC | Industrials | 34.1K | $2.8M | 0.1% | New |
| TER TERADYNE INC | Technology | 9.5K | $2.8M | 0.1% | New |
| TLN TALEN ENERGY CORP | Utilities | 8.7K | $2.8M | 0.1% | New |
| VRT VERTIV HOLDINGS CO-A | Technology | 11.1K | $2.8M | 0.1% | New |
| RBRK RUBRIK INC-A | Technology | 56.3K | $2.8M | 0.1% | -7.8% |
| VST VISTRA CORP | Utilities | 18.2K | $2.7M | 0.1% | New |
| MELI MERCADOLIBRE INC | Services media | 1.6K | $2.7M | 0.1% | +101.9% |
| BWXT BWX TECHNOLOGIES INC | Industrials | 12.7K | $2.6M | 0.1% | New |
| ROK ROCKWELL AUTOMATION INC | Other | 7.1K | $2.6M | 0.1% | New |
| CEG CONSTELLATION ENERGY | Utilities | 9.1K | $2.6M | 0.1% | New |
| FICO FAIR ISAAC CORP | Services media | 2.4K | $2.5M | 0.1% | New |
| HNGE HINGE HEALTH INC-A | Technology | 61.5K | $2.4M | 0.1% | New |
| FFIV F5 INC | Technology | 7.9K | $2.3M | 0.1% | New |
| BSY BENTLEY SYSTEMS INC-CLASS B | Technology | 63.8K | $2.2M | 0.1% | New |
| VRNS VARONIS SYSTEMS INC | Technology | 96.5K | $2.1M | 0.1% | New |
| GGG GRACO INC | Industrials | 24.4K | $2.1M | 0.1% | New |
| AXON AXON ENTERPRISE INC | Industrials | 4.8K | $2.0M | 0.1% | New |
| DASH DOORDASH INC - A | Services media | 13.4K | $2.0M | 0.1% | New |
| VIAV VIAVI SOLUTIONS INC | Technology | 59.9K | $2.0M | 0.1% | New |
| VCYT VERACYTE INC | Healthcare | 61.8K | $2.0M | 0.1% | New |
| ZS ZSCALER INC | Technology | 13.9K | $1.9M | 0.1% | +10.8% |
| ONTO ONTO INNOVATION INC | Other | 9.5K | $1.9M | 0.1% | New |
| AMD ADVANCED MICRO DEVICES | Technology | 9.5K | $1.9M | 0.1% | +9.9% |
| MOD MODINE MANUFACTURING CO | Industrials | 8.7K | $1.9M | 0.1% | New |
| GEN GEN DIGITAL INC | Technology | 98.0K | $1.8M | 0.1% | +16.9% |
| DOCS DOXIMITY INC-CLASS A | Technology | 78.4K | $1.8M | 0.1% | New |
| TRMB TRIMBLE INC | Other | 27.6K | $1.8M | 0.1% | New |
| KRMN KARMAN HOLDINGS INC | Industrials | 22.2K | $1.8M | 0.1% | New |
| ADI ANALOG DEVICES INC | Technology | 5.5K | $1.8M | 0.1% | +41.4% |
| MCO MOODY'S CORP | Services media | 4.0K | $1.7M | 0.1% | New |
| VEEV VEEVA SYSTEMS INC-CLASS A | Technology | 9.5K | $1.7M | 0.1% | +73.0% |
| FN FABRINET | Technology | 3.2K | $1.6M | 0.1% | New |
| WAT WATERS CORP | Healthcare | 5.5K | $1.6M | 0.1% | New |
| EXPE EXPEDIA GROUP INC | Industrials | 7.1K | $1.6M | 0.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 116 | $2.68B | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 124 | $2.81B | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 124 | $2.70B | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 139 | $2.41B | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 138 | $2.06B | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 147 | $2.21B | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 15, 2024 | 150 | $2.11B | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 15, 2024 | 40 | $2.00B | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 42 | $1.89T | $K fixed canonical | SEC ↗ |