SEC 13F Intelligence

Managers / Q1 2026

Madrona Financial Services, LLC

CIK 0001578370 · 2911 BOND STREET, SUITE 200, EVERETT, WA, 98201 · 425-212-3777

Reported Value
$457M
Q1 2026
Positions
123
Filings on Record
31
2019–present window
Filed
Apr 14, 2026
original filing

Summary

Madrona Financial Services, LLC reported $457M in U.S.-listed holdings across 123 positions for Q1 2026.

Its largest position, Ishares Tr, represents 11.6% of the portfolio.

Compared with Q4 2025, the fund opened 8 new positions and exited 13.

Portfolio Metrics

Turnover
+13.4%
vs prior filed quarter
Top-10 Concentration
+51.3%
share of reported value
Largest Position
+11.6%
Ishares Tr
New / Exited
8 / 13
positions this quarter

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

13F Reported Value
Q4 ’18: $113MQ4 ’18Q1 ’19: $91MQ2 ’19: $108MQ3 ’19: $136MQ4 ’19: $138MQ4 ’19Q1 ’20: $120MQ2 ’20: $145MQ3 ’20: $159MQ4 ’20: $179MQ4 ’20Q1 ’21: $195MQ2 ’21: $195MQ3 ’21: $211MQ4 ’21: $237MQ4 ’21Q1 ’22: $204MQ2 ’22: $171MQ3 ’22: $162MQ4 ’22: $175MQ4 ’22Q1 ’23: $186MQ2 ’23: $204MQ3 ’23: $219MQ4 ’23: $254MQ4 ’23Q1 ’24: $287MQ2 ’24: $325MQ3 ’24: $360MQ4 ’24: $367MQ4 ’24Q1 ’25: $364MQ2 ’25: $417MQ3 ’25: $453MQ4 ’25: $468MQ4 ’25Q1 ’26: $457Mfilingsflow.com

Portfolio Composition

By security type
ETP: 83.7%Common Stock: 14.9%Other: 0.9%Closed-End Fund: 0.4%ADR: 0.1%
  • ETP · 83.7% · $383M
  • Common Stock · 14.9% · $68M
  • Other · 0.9% · $4M
  • Closed-End Fund · 0.4% · $2M
  • ADR · 0.1% · $265,348

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
XLESELECT SECTOR SPDR TRNEW+175.8K175.8K+$11M$11M
GLOBAL X FDSNEW+128.9K128.9K+$6M$6M
FIRST TR EXCHNG TRADED FD VINEW+51.5K51.5K+$2M$2M
FIRST TR EXCHNG TRADED FD VINEW+67.7K67.7K+$2M$2M
EXMOCEXXON MOBIL CORPNEW+1.5K1.5K+$258,223$258,223
LMTLOCKHEED MARTIN CORPNEW+344344+$207,910$207,910
FIRST TR EXCHNG TRADED FD VINEW+6.1K6.1K+$200,352$200,352
BAXBAXTER INTL INCNEW+11.7K11.7K+$196,812$196,812

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

34 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ACWIISHARES TRCORE S&P500 ETF · MSCI ACWI EX US · MSCI ACWI ETF · CORE US AGGBD ET · S&P 500 GRWT ETF17.94%$82M443.8K
2NDQINVESCO QQQ TRhistory →UNIT SER 18.25%$38M65.3K
3NORTHERN LTS FD TR IVMAIN SECTR ROTN · MAIN BUYWRITE6.27%$29M1.20M
4BLACKROCK ETF TRUSTISHARES US EQUIT5.21%$24M408.9K
5GLOBAL X FDSARTIFICIAL ETF · GLOBAL X URANIUM4.68%$21M453.0K
6VANGUARD BD INDEX FDSTOTAL BND MRKT4.06%$19M251.6K
7MSFTMICROSOFT CORPhistory →COM3.96%$18M48.9K
8DFEBFIRST TR EXCHNG TRADED FD VIFT VEST LADDERED · FT VEST US EQT · FT VEST US EQUTY · VEST US EQUITY M · FT VEST U.S EQT3.86%$18M491.7K
9VANGUARD INDEX FDSSMALL CP ETF · TOTAL STK MKT · S&P 500 ETF SHS3.78%$17M59.3K
10SPDR SERIES TRUSTSTATE STREET SPD3.69%$17M132.0K
11PACER FDS TRUS CASH COWS 1003.48%$16M254.1K
12ISHARES INCCORE MSCI EMKT3.43%$16M224.5K
13FIRST TR EXCHANGE TRADED FDDORSEY WRT 5 ETF3.27%$15M247.6K
14ETF SER SOLUTIONSDEFIANCE QUANTUM3.22%$15M137.2K
15INVESCO EXCHANGE TRADED FD TS&P MDCP QUALITY · S&P 500 TOP 503.11%$14M146.3K
16XLESELECT SECTOR SPDR TRhistory →STATE STREET ENE2.36%$11M175.8K
17AAPLAPPLE INChistory →COM2.19%$10M39.5K
18VANECK ETF TRUSTSEMICONDUCTR ETF1.76%$8M21.0K
19J P MORGAN EXCHANGE TRADED FEQUITY PREMIUM1.67%$8M134.6K
20COSTCOSTCO WHOLESALE CORPORATIONhistory →COM1.22%$6M5.6K
21SILA REALTY TRUST INCCOMMON STOCK0.89%$4M170.8K
22GOOGLALPHABET INCCAP STK CL A · CAP STK CL C0.86%$4M13.7K
23NVDANVIDIA CORPORATIONCOM0.76%$3M19.8K
24STATE STR SPDR S&P 500 ETF TTR UNIT0.63%$3M4.5K
25BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.63%$3M6.0K
26BLUEROCK PVT REAL ESTATE FDCOM0.44%$2M121.1K
27AMZNAMAZON COM INCCOM0.44%$2M9.6K
28CHVCHEVRON CORPORATIONCOM0.41%$2M9.1K
29BABOEING COCOM0.35%$2M8.0K
30RDVTRED VIOLET INCCOM0.28%$1M37.3K
31TSLATESLA INCCOM0.25%$1M3.1K
32HDHOME DEPOT INCCOM0.23%$1M3.2K
33PCARPACCAR INCCOM0.22%$1M8.8K
34SBUXSTARBUCKS CORPCOM0.19%$885,3779.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$457M123Apr 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$468M128Jan 22, 202613F-HRchanges · EDGAR ↗
Q3 2025$453M121Oct 22, 202513F-HRchanges · EDGAR ↗
Q2 2025$417M114Jul 18, 202513F-HRchanges · EDGAR ↗
Q1 2025$364M109Apr 23, 202513F-HRchanges · EDGAR ↗
Q4 2024$367M110Jan 17, 202513F-HRchanges · EDGAR ↗
Q3 2024$360M113Oct 17, 202413F-HRchanges · EDGAR ↗
Q2 2024$325M100Jul 19, 202413F-HRchanges · EDGAR ↗
Q1 2024$287M99Apr 19, 202413F-HRchanges · EDGAR ↗
Q4 2023$254M84Jan 25, 202413F-HRchanges · EDGAR ↗
Q3 2023$219M94Oct 16, 202313F-HRchanges · EDGAR ↗
Q2 2023$204M94Jul 18, 202313F-HRchanges · EDGAR ↗
Q1 2023$186M85May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$175M78Jan 18, 202313F-HRchanges · EDGAR ↗
Q3 2022$162M73Oct 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$171M77Jul 27, 202213F-HRchanges · EDGAR ↗
Q1 2022$204M78Apr 20, 202213F-HRchanges · EDGAR ↗
Q4 2021$237M74Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$211M64Nov 8, 202113F-HRchanges · EDGAR ↗
Q2 2021$195M58Aug 2, 202113F-HRchanges · EDGAR ↗
Q1 2021$195M59May 4, 202113F-HRchanges · EDGAR ↗
Q4 2020$179M54Feb 8, 202113F-HRchanges · EDGAR ↗
Q3 2020$159M49Oct 29, 202013F-HRchanges · EDGAR ↗
Q2 2020$145M49Jul 23, 202013F-HRchanges · EDGAR ↗
Q1 2020$120M44Apr 30, 202013F-HRchanges · EDGAR ↗
Q4 2019$138M59Feb 5, 202013F-HRchanges · EDGAR ↗
Q3 2019$136M58Nov 8, 201913F-HRchanges · EDGAR ↗
Q2 2019$108M52Jul 25, 201913F-HRchanges · EDGAR ↗
Q1 2019$91M44Apr 18, 201913F-HRchanges · EDGAR ↗
Q4 2018$113M41Feb 14, 201913F-HRchanges · 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 ↗.