Managers / Q2 2026
Mader & Shannon Wealth Management, Inc.
CIK 0001535862 · 4717 GRAND AVENUE, SUITE 800, KANSAS CITY, MO, 64112 · 8167510575
Summary
Mader & Shannon Wealth Management, Inc. reported $214M in U.S.-listed holdings across 21 positions for Q2 2026.
Its largest position, Ishares Tr, represents 15.8% of the portfolio.
Compared with Q1 2026, the fund opened 1 new position and exited 0.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- ETP · 71.4% · $153M
- Common Stock · 28.6% · $61M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2026 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| AMATAPPLIED MATLS INC | NEW | +430 | 430 | +$310,890 | $310,890 |
| ISHARES TR | HELD | +1.7K | 48.3K | −$517,263 | $5M |
| ISHARES TR | HELD | +1.6K | 48.8K | +$824,428 | $5M |
| DHID R HORTON INC | HELD | +1.1K | 32.4K | +$975,619 | $5M |
| XLBSELECT SECTOR SPDR TR | HELD | +3.0K | 93.7K | +$228,073 | $5M |
| FSLRFIRST SOLAR INC | HELD | +684 | 23.6K | +$1M | $6M |
| PSXPHILLIPS 66 | HELD | +488 | 24.9K | −$238,256 | $4M |
| MLMMARTIN MARIETTA MATLS INC | HELD | +263 | 13.7K | −$8,884 | $8M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 0-3 MTH TREASURY · 1 3 YR TREAS BD · TRUST ISHARE 0-1 · US OIL GS EX ETF · US HOME CONS ETF | 34.31% | $73M | 762.4K |
| 2 | IAU*ISHARES GOLD TRhistory → | ISHARES NEW | 11.79% | $25M | 334.1K |
| 3 | GQ9SPDR GOLD TRhistory → | GOLD SHS | 11.68% | $25M | 67.9K |
| 4 | INVESCO EXCH TRADED FD TR II | VAR RATE PFD | 8.22% | $18M | 723.4K |
| 5 | KNXKNIGHT-SWIFT TRANSN HLDGS INhistory → | CL A | 6.24% | $13M | 171.5K |
| 6 | TMOTHERMO FISHER SCIENTIFIC INChistory → | COM | 4.32% | $9M | 18.5K |
| 7 | MLMMARTIN MARIETTA MATLS INChistory → | COM | 3.68% | $8M | 13.7K |
| 8 | VANECK ETF TRUST | GOLD MINERS ETF | 3.15% | $7M | 89.2K |
| 9 | FSLRFIRST SOLAR INChistory → | COM | 2.60% | $6M | 23.6K |
| 10 | DHID R HORTON INChistory → | COM | 2.47% | $5M | 32.4K |
| 11 | VLOVALERO ENERGY CORPhistory → | COM | 2.46% | $5M | 20.2K |
| 12 | DINOHF SINCLAIR CORPhistory → | COM | 2.43% | $5M | 74.6K |
| 13 | XLBSELECT SECTOR SPDR TRhistory → | ST STR MATER ETF | 2.22% | $5M | 93.7K |
| 14 | MPCMARATHON PETE CORPhistory → | COM | 2.20% | $5M | 18.4K |
| 15 | PSXPHILLIPS 66history → | COM | 1.97% | $4M | 24.9K |
| 16 | AMATAPPLIED MATLS INC | COM | 0.15% | $310,890 | 430 |
| 17 | WMTWALMART INC | COM | 0.13% | $282,244 | 2.5K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q2 2026 | $214M | 21 | Jul 7, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q1 2026 | $216M | 20 | Apr 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $204M | 23 | Jan 29, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $204M | 23 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $184M | 22 | Jul 31, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $175M | 21 | May 5, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $162M | 21 | Feb 3, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $172M | 15 | Nov 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $166M | 12 | Aug 1, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $178M | 11 | May 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $176M | 11 | Jan 24, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $152M | 12 | Nov 7, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $162M | 17 | Aug 8, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $152M | 16 | May 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $151M | 16 | Jan 24, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $92M | 12 | Oct 27, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $167M | 21 | Jul 26, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $184M | 23 | May 5, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $181M | 21 | Jan 28, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $157M | 21 | Nov 1, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $194M | 26 | Aug 11, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $171M | 25 | May 3, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $151M | 25 | Feb 2, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $128M | 20 | Nov 5, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $123M | 20 | Aug 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $113M | 17 | May 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | Under review | 19 | Feb 11, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $126.3B | 20 | Nov 7, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | Under review | 16 | Aug 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $112M | 12 | Apr 30, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $123M | 15 | Feb 13, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.