SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Swan Global Investments, LLC

CIK 0001591505 · 1099 MAIN AVE., SUITE 206, DURANGO, CO, 81301 · 9703828901

Reported Value
$2.5B
Q1 2023
Positions
26
Filings on Record
32
2019–present window
Filed
May 8, 2023
original filing

Summary

Swan Global Investments, LLC reported $2.5B in U.S.-listed holdings across 26 positions for Q1 2023.

The portfolio is heavily concentrated: XLK alone accounts for 29.8% of reported value.

Compared with Q4 2022, the fund opened 0 new positions and exited 1.

Portfolio Metrics

Turnover
+3.0%
vs prior filed quarter
Largest Position
+29.8%
Select Sector Spdr Tr

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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: $4.8BQ4 ’18Q1 ’19: $6.0BQ2 ’19: $5.1BQ3 ’19: $5.5BQ4 ’19: $4.7BQ4 ’19Q1 ’20: $3.3BQ2 ’20: $3.0BQ3 ’20: $3.4BQ4 ’20: $2.6BQ4 ’20Q1 ’21: $3.8BQ2 ’21: $4.0BQ3 ’21: $4.7BQ4 ’21: $4.1BQ4 ’21Q1 ’22: $3.2BQ2 ’22: $3.3BQ3 ’22: $3.1BQ1 ’23: $2.5BQ1 ’23Q3 ’23: $3.1BQ4 ’23: $3.1BQ1 ’24: $3.2BQ2 ’24: $3.3BQ2 ’24Q3 ’24: $3.3BQ4 ’24: $3.4BQ1 ’25: $3.4BQ2 ’25: $3.6BQ2 ’25Q3 ’25: $3.6BQ4 ’25: $3.4BQ1 ’26: $3.0Bfilingsflow.com

Portfolio Composition

By security type
ETP: 51.6%Other: 48.4%
  • ETP · 51.6% · $1.3B
  • Other · 48.4% · $1.2B

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
iShares MSCI Emerging Markets Indx ETFSOLD OUT−5.4K0−$243,000$0
iShares MSCI EAFE ETFTRIMMED−2.2K3.2K−$165,000$240,000
IShares ETF-20yrADDED+1.2K4.8K+$126,000$504,000
EEMiShares MSCI Emerging Markets Indx ETFTRIMMED−5.1K13.2K−$193,000$500,000
XLKSELECT SECTOR SPDR TRTRIMMED−316.6K1.32M−$42M$173M
XLYSELECT SECTOR SPDR TRTRIMMED−82.6K515.6K−$12M$74M
XLFSELECT SECTOR SPDR TRADDED+367.0K3.05M+$13M$109M
XLCSELECT SECTOR SPDR TRTRIMMED−128.5K1.07M−$6M$53M

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

Holdings — Q1 2023

8 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1XLKSELECT SECTOR SPDR TRXLK · XLV · XLF · XLY · XLI · XLP · XLC · XLE · XLU · XLB · XLRE29.80%$747M9.70M
2SPYSPDR S&P 500 ETF TRhistory →SPY18.00%$451M1.13M
3IWMIShares ETF-Rus2000history →IWM1.43%$36M195.5K
4EFAiShares MSCI EAFE ETFhistory →EFA1.17%$29M443.9K
5IEMGishares ETF - CORE MSCI EMKThistory →IEMG0.99%$25M533.6K
6GLDSPDR Gold TrustGLD0.14%$4M22.3K
7EEMiShares MSCI Emerging Markets Indx ETFEEM0.02%$500,00013.2K
8TLTIShares ETF-20yrTLT0.02%$496,0004.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$3.0B77May 7, 202613F-HRchanges · EDGAR ↗
Q4 2025$3.4B80Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$3.6B71Nov 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$3.6B80Jul 29, 202513F-HRchanges · EDGAR ↗
Q1 2025$3.4B69May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$3.4B58Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$3.3B48Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$3.3B43Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$3.2B42May 9, 202413F-HRchanges · EDGAR ↗
Q4 2023$3.1B42Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$3.1B41Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023Under review26Aug 15, 2023RESTATEMENTchanges · EDGAR ↗
Q1 2023$2.5B26May 8, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review27Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$3.1B28Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$3.3B28Aug 9, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.2B28May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$4.1B30Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$4.7B30Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$4.0B31Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$3.8B29May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.6B29Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$3.4B31Nov 10, 202013F-HRchanges · EDGAR ↗
Q2 2020$3.0B34Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$3.3B34May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$4.7B37Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$5.5B35Nov 8, 201913F-HRchanges · EDGAR ↗
Q2 2019$5.1B38Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$6.0B36May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$4.8B38Feb 11, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Swan Capital Management, LLC028-16131

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 ↗.