Swan Global Investments, LLC
Long book
$1.86B
Q1 2026
Positions
64
Top-10 weight
83%
concentration
Last quarter
+12.7%
SPY +14.8%
Turnover
9%
of book per quarter
Strategy in plain words
auto-generated from filingsSwan Global Investments, LLC is a wealth-management firm allocating client money, running a $1.86B US long book across 64 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SS SPDR S&P 500 ETF TRUST-US, ISHARES CORE S&P 500 ETF, PACER SWAN SOS MOD OCT ETF, PACER SWAN SOS MODERATE JANU, SS TECHNOLOGY SELECT SECTOR.
Over the last 9 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 2 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
+3.3%
Q2 2024
+5.5%
Q3 2024
+1.8%
Q4 2024
-3.4%
Q1 2025
+9.6%
Q2 2025
+7.0%
Q3 2025
+2.4%
Q4 2025
-3.3%
Q1 2026
+12.7%
Sector allocation
Technology 49%
Healthcare 10%
Financials 10%
Consumer discretionary 9%
Industrials 9%
Services media 8%
Energy 3%
Consumer staples 1%
Long book by quarter
What does Swan Global own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 4.4K | $1.1M | 0.1% | +9.7% |
| NVDA NVIDIA CORP | Technology | 6.2K | $1.1M | 0.1% | +23.8% |
| MSFT MICROSOFT CORP | Technology | 2.3K | $834K | 0.0% | +26.6% |
| AVGO BROADCOM INC | Technology | 2.6K | $814K | 0.0% | +42.2% |
| GOOGL ALPHABET INC-CL A | Technology | 2.8K | $796K | 0.0% | +8.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 3.2K | $669K | 0.0% | +14.5% |
| META META PLATFORMS INC-CLASS A | Technology | 1.1K | $629K | 0.0% | +5.0% |
| LLY ELI LILLY & CO | Healthcare | 666 | $613K | 0.0% | +3.6% |
| JPM JPMORGAN CHASE & CO | Financials | 2.1K | $607K | 0.0% | +11.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.2K | $573K | 0.0% | +33.3% |
| MU MICRON TECHNOLOGY INC | Technology | 1.6K | $526K | 0.0% | New |
| JNJ JOHNSON & JOHNSON | Healthcare | 2.0K | $480K | 0.0% | +3.5% |
| XOM EXXON MOBIL CORP | Energy | 2.7K | $459K | 0.0% | +9.8% |
| GE GENERAL ELECTRIC | Industrials | 1.5K | $423K | 0.0% | +13.1% |
| CSCO CISCO SYSTEMS INC | Technology | 5.4K | $419K | 0.0% | +9.7% |
| V VISA INC-CLASS A SHARES | Services media | 1.3K | $386K | 0.0% | +11.0% |
| AMD ADVANCED MICRO DEVICES | Technology | 1.8K | $369K | 0.0% | +9.7% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 2.5K | $361K | 0.0% | +9.7% |
| WMT WALMART INC | Consumer discretionary | 2.7K | $338K | 0.0% | -5.5% |
| MA MASTERCARD INC - A | Services media | 654 | $327K | 0.0% | +14.9% |
| ABBV ABBVIE INC | Healthcare | 1.5K | $326K | 0.0% | +3.5% |
| TSLA TESLA INC | Industrials | 809 | $301K | 0.0% | +7.3% |
| HD HOME DEPOT INC | Consumer discretionary | 809 | $266K | 0.0% | +7.3% |
| RTX RTX CORP | Industrials | 1.4K | $263K | 0.0% | +6.6% |
| NFLX NETFLIX INC | Services media | 2.7K | $257K | 0.0% | +8.9% |
| CAT CATERPILLAR INC | Industrials | 333 | $236K | 0.0% | New |
| WFC WELLS FARGO & CO | Financials | 2.7K | $216K | 0.0% | +11.1% |
| UBER UBER TECHNOLOGIES INC | Services media | 3.0K | $214K | 0.0% | +6.7% |
| KO COCA-COLA CO/THE | Consumer staples | 2.8K | $211K | 0.0% | -35.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 7, 2026 | 77 | $3.00B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 80 | $3.38B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 71 | $3.58B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 29, 2025 | 80 | $3.59B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 69 | $3.38B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 11, 2025 | 58 | $3.43B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 48 | $3.27B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 12, 2024 | 43 | $3.25B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 9, 2024 | 42 | $3.21B | canonical | SEC ↗ |