SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Swan Global Investments, LLC

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

Reported Value
$3.4B
Q1 2025
Positions
69
Filings on Record
32
2019–present window
Filed
May 13, 2025
original filing

Summary

Swan Global Investments, LLC reported $3.4B in U.S.-listed holdings across 69 positions for Q1 2025.

Its largest position, SPY, represents 18.6% of the portfolio.

Compared with Q4 2024, the fund opened 16 new positions and exited 5.

Portfolio Metrics

Turnover
+3.1%
vs prior filed quarter
Top-10 Concentration
+58.1%
share of reported value
Largest Position
+18.6%
Spdr S P 500 Etf Tr
New / Exited
16 / 5
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, 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: $3MQ1 ’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: 58.1%Other: 41.7%Common Stock: 0.2%Royalty Trst: 0.0%
  • ETP · 58.1% · $2.0B
  • Other · 41.7% · $1.4B
  • Common Stock · 0.2% · $6M
  • Royalty Trst · 0.0% · $81,289

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
EA SERIES TRUSTNEW+6.0K6.0K+$668,940$668,940
UNHUNITEDHEALTH GROUP INCNEW+568568+$297,490$297,490
JNJJOHNSON & JOHNSONNEW+1.8K1.8K+$292,873$292,873
PGPROCTER AND GAMBLE CONEW+1.6K1.6K+$278,466$278,466
MAMASTERCARD INCORPORATEDNEW+489489+$268,031$268,031
HDHOME DEPOT INCNEW+662662+$242,616$242,616
ABTABBOTT LABSNEW+1.8K1.8K+$241,821$241,821
KOCOCA COLA CONEW+3.3K3.3K+$238,065$238,065

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

Holdings — Q1 2025

38 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPYSPDR S&P 500 ETF TRhistory →SPY18.59%$629M1.12M
2PSMDPACER FDS TRPSMD · PSMO · PSMJ · PSMR · PSCQ · PSCW · PSCJ · PSCX · PSFD · PSFJ · PSFM · PSFO13.06%$442M16.06M
3IVVISHARES TRIVV · IEFA12.40%$419M748.6K
4XLKSELECT SECTOR SPDR TRXLK · XLF · XLV · XLY · XLC · XLI · XLP · XLE · XLU · XLRE · XLB12.07%$408M3.86M
5LISTED FD TRHEGD1.82%$62M2.81M
6Swan Enhanced Dividend Income ETFSCLZ0.04%$1M23.2K
7GLDSPDR Gold TrustGLD0.03%$1M3.8K
8ETFS GOLD TRSGOL0.03%$897,49330.1K
9EA SERIES TRUSTBOXX0.02%$668,9406.0K
10AAPLAPPLE INCAAPL0.02%$579,7592.6K
11MSFTMICROSOFT CORPMSFT0.02%$522,1671.4K
12GOOGLALPHABET INCGOOGL0.01%$505,0543.3K
13XCCCBONDBLOXX ETF TRUSTXCCC0.01%$488,96812.9K
14JPMJPMORGAN CHASE & COJPM0.01%$390,7631.6K
15VVISA INCV0.01%$388,3101.1K
16AVGOBROADCOM INCAVGO0.01%$367,8442.2K
17LLYLILLY ELI & COLLY0.01%$367,530445
18VANGUARD INTL EQUITY INDEX FVEU0.01%$341,0915.6K
19UNHUNITEDHEALTH GROUP INCUNH0.01%$297,490568
20JNJJOHNSON & JOHNSONJNJ0.01%$292,8731.8K
21PGPROCTER AND GAMBLE COPG0.01%$278,4661.6K
22MAMASTERCARD INCORPORATEDMA0.01%$268,031489
23HDHOME DEPOT INCHD0.01%$242,616662
24ABTABBOTT LABSABT0.01%$241,8211.8K
25KOCOCA COLA COKO0.01%$238,0653.3K
26CSCOCISCO SYS INCCSCO0.01%$231,2893.7K
27MRKMERCK & CO INCMRK0.01%$228,7082.5K
28ORCLORACLE CORPORCL0.01%$222,9971.6K
29TLTIShares ETF-20yrTLT0.01%$218,4722.4K
30PMPHILIP MORRIS INTL INCPM0.01%$211,7461.3K
31VANGUARD SCOTTSDALE FDSVTWO0.01%$207,8352.6K
32IEMGishares ETF - CORE MSCI EMKTIEMG0.01%$206,0033.8K
33CATCATERPILLAR INCCAT0.01%$204,806621
34NRTNorth European Oil Royalty TrustNRT0.00%$81,28916.9K
35EUENCORE ENERGY CORPEU0.00%$44,79932.7K
36CBUSCIBUS INCCBUS0.00%$42,44922.7K
37WTIW & T OFFSHORE INCWTI0.00%$17,05011.0K
38ENVIROTECH VEHICLES INCEVTV0.00%$12,50050.0K

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$3M26May 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 ↗.