SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Main Management ETF Advisors, LLC

CIK 0001698607 · 601 CALIFORNIA STREET, SUITE 300, SAN FRANCISCO, CA, 94108 · 415-217-5800

Reported Value
$2.7B
Q3 2025
Positions
124
Filings on Record
30
2019–present window
Filed
Nov 14, 2025
original filing

Summary

Main Management Etf Advisors, LLC reported $2.7B in U.S.-listed holdings across 124 positions for Q3 2025.

The portfolio is heavily concentrated: XLK alone accounts for 28.0% of reported value.

Compared with Q2 2025, the fund opened 59 new positions and exited 74.

Portfolio Metrics

Turnover
+26.1%
vs prior filed quarter
Top-10 Concentration
+89.1%
share of reported value
Largest Position
+28.0%
Technology Select Sector Spdr Fund Usd Class
New / Exited
59 / 74
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
Q1 ’19: $431MQ1 ’19Q2 ’19: $434MQ3 ’19: $460MQ4 ’19: $516MQ1 ’20: $418MQ1 ’20Q2 ’20: $530MQ3 ’20: $567MQ4 ’20: $639MQ1 ’21: $847MQ1 ’21Q2 ’21: $960MQ3 ’21: $990MQ4 ’21: $1.1BQ1 ’22: $1.1BQ1 ’22Q2 ’22: $901MQ3 ’22: $871MQ4 ’22: $1.1BQ1 ’23: $1.2BQ1 ’23Q2 ’23: $1.4BQ3 ’23: $1.4BQ4 ’23: $1.7BQ1 ’24: $1.9BQ1 ’24Q2 ’24: $2.0BQ3 ’24: $2.1BQ4 ’24: $2.2BQ1 ’25: $2.1BQ1 ’25Q2 ’25: $2.4BQ3 ’25: $2.7BQ4 ’25: $2.8BQ1 ’26: $2.7BQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 91.6%Common Stock: 6.6%ADR: 0.9%Open-End Fund: 0.7%Other: 0.3%
  • ETP · 91.6% · $2.5B
  • Common Stock · 6.6% · $177M
  • ADR · 0.9% · $24M
  • Open-End Fund · 0.7% · $19M
  • Other · 0.3% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NBISNebius Group N.V.NEW+45.7K45.7K+$5M$5M
AVAVAeroVironment Inc.NEW+9.3K9.3K+$3M$3M
FuboTV Inc.NEW+691.3K691.3K+$3M$3M
XPEVXPeng Inc.NEW+113.9K113.9K+$3M$3M
SOFISoFi Technologies Inc.NEW+93.8K93.8K+$2M$2M
GLXYGalaxy Digital Inc.NEW+70.5K70.5K+$2M$2M
CRWVCoreweave Inc.NEW+17.1K17.1K+$2M$2M
SAILSailPoint Inc.NEW+101.5K101.5K+$2M$2M

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

Holdings — Q3 2025

122 positions (from 124 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1XLKTechnology Select Sector SPDR Fund USD Classhistory →COM28.02%$757M2.68M
2XLCCommunication Services Select Sector SPDR Fund USD Classhistory →COM13.35%$361M3.05M
3XLVHealth Care Select Sector SPDR Fund USD Classhistory →COM11.92%$322M2.31M
4XLFFinancial Select Sector SPDR Fund USD Classhistory →COM11.63%$314M5.83M
5XLYConsumer Discretionary Select Sector SPDR Fundhistory →COM8.11%$219M914.1K
6SMHVanEck Semiconductor ETF USD Classhistory →COM5.41%$146M447.6K
7IGViShares Expanded Tech-Software Sector ETF USD Classhistory →COM5.07%$137M1.19M
8ITBiShares U.S. Home Construction ETF USD Classhistory →COM2.49%$67M627.4K
9IDEViShares Core MSCI International Developed Markets ETFhistory →COM2.16%$58M729.0K
10IEMGiShares Core MSCI Emerging Markets ETF USD Classhistory →COM0.96%$26M394.2K
11TRIXXState Street Institutional Treasury MM Fundhistory →COM0.71%$19M19.17M
12SPDR Portfolio Europe ETFCOM0.68%$18M369.9K
13KraneShares CSI China Internet ETFCOM0.58%$16M371.9K
14SPDR Portfolio Emerging Markets ETF USD ClassCOM0.40%$11M228.2K
15NETCloudflare Inc.COM0.33%$9M41.8K
16FLMXFranklin FTSE Mexico ETFCOM0.32%$9M260.1K
17VPLVanguard FTSE Pacific ETFCOM0.31%$8M94.5K
18NVDANVIDIA CorporationCOM0.28%$8M40.3K
19ORCLOracle CorporationCOM0.25%$7M24.0K
20NBISNebius Group N.V.COM0.19%$5M45.7K
21RBRKRubrik Inc.COM0.18%$5M60.5K
22SESea Ltd.COM0.16%$4M24.0K
23SNOWSnowflake Inc. Common StockCOM0.16%$4M18.6K
24AVGOBroadcom Inc.COM0.15%$4M12.4K
25CRWDCrowdstrike Holdings Inc.COM0.14%$4M7.7K
26ZSZscaler Inc.COM0.14%$4M12.4K
27FLCAFranklin FTSE Canada ETF USD ClassCOM0.14%$4M81.0K
28ALABAstera Labs Inc.COM0.13%$4M18.6K
29CRDOCredo Technology Group Holding Ltd.COM0.12%$3M22.5K
30RBLXROBLOX CorporationCOM0.12%$3M23.3K
31AVAVAeroVironment Inc.COM0.11%$3M9.3K
32FuboTV Inc.COM0.11%$3M691.3K
33MSFTMicrosoft CorporationCOM0.10%$3M5.4K
34XPEVXPeng Inc.COM0.10%$3M113.9K
35CORZCore Scientific Inc.COM0.10%$3M145.7K
36Dlocal Ltd./UruguayCOM0.09%$3M177.5K
37SOFISoFi Technologies Inc.COM0.09%$2M93.8K
38GLXYGalaxy Digital Inc.COM0.09%$2M70.5K
39GENGen Digital Inc.COM0.09%$2M82.9K
40CRWVCoreweave Inc.COM0.09%$2M17.1K
41SHOPShopify Inc.COM0.09%$2M15.5K
42ARGXArgenx S.E.COM0.08%$2M3.1K
43CyberArk Software Ltd.COM0.08%$2M4.7K
44SAILSailPoint Inc.COM0.08%$2M101.5K
45APPAppLovin CorporationCOM0.08%$2M3.1K
46TTWOTake-Two Interactive Software Inc.COM0.08%$2M8.5K
47ASNDAscendis Pharma A/SCOM0.08%$2M10.8K
48TEMTempus AI Inc.COM0.08%$2M26.4K
49PGYPagaya Technologies Ltd.COM0.08%$2M71.3K
50MUMicron Technology Inc.COM0.08%$2M12.4K
51CVNACarvana CompanyCOM0.08%$2M5.4K
52KSPIKaspi.KZ JSCCOM0.08%$2M24.8K
53GENIGenius Sports Ltd.COM0.07%$2M162.0K
54SERVServe Robotics Inc.COM0.07%$2M165.1K
55INSMInsmed Inc.COM0.07%$2M13.2K
56RGTIRigetti Computing Inc.COM0.07%$2M63.5K
57VNETVnet Group Inc.COM0.07%$2M181.3K
58Global-e Online Ltd.COM0.07%$2M51.9K
59PLTRPalantir Technologies Inc.COM0.07%$2M10.1K
60MELIMercadoLibre Inc.COM0.07%$2M775
61KRYSKrystal Biotech Inc.COM0.07%$2M10.1K
62COHRCoherent CorporationCOM0.06%$2M16.3K
63MARAMARA Holdings Inc.COM0.06%$2M93.8K
64QBTSD-Wave Quantum Inc.COM0.06%$2M69.0K
65PODDInsulet CorporationCOM0.06%$2M5.4K
66WGSGeneDx Holdings CorporationCOM0.06%$2M15.5K
67DDOGDatadog Inc.COM0.06%$2M11.6K
68GHGuardant Health Inc.COM0.06%$2M26.4K
69JDJD.com Inc.COM0.06%$2M46.5K
70IONQIonQ Inc.COM0.06%$2M26.4K
71VEEVVeeva Systems Inc.COM0.06%$2M5.4K
72GWREGuidewire Software Inc.COM0.06%$2M7.0K
73INTUIntuit Inc.COM0.06%$2M2.3K
74FLUTFlutter Entertainment plcCOM0.06%$2M6.2K
75BBIOBridgebio Pharma Inc.COM0.06%$2M30.2K
76LRCXLam Research CorporationCOM0.06%$2M11.6K
77RELYRemitly Global Inc.COM0.06%$2M95.3K
78Oddity Tech Ltd.COM0.06%$2M24.8K
79NUNU Holdings Ltd./Cayman IslandsCOM0.06%$2M96.1K
80HUYAHUYA Inc.COM0.06%$2M455.7K
81GTLBGitlab Inc.COM0.06%$2M33.3K
82NTRANatera Inc.COM0.06%$1M9.3K
83OUSTOuster Inc.COM0.05%$1M54.3K
84CSGPCoStar Group Inc.COM0.05%$1M17.1K
85SOUNSoundHound AI Inc.COM0.05%$1M89.1K
86SSentinelOne Inc.COM0.05%$1M81.4K
87AMBAAmbarella Inc.COM0.05%$1M17.1K
88HSAIHesai GroupCOM0.05%$1M49.6K
89AMDAdvanced Micro Devices Inc.COM0.05%$1M8.5K
90TCOMTrip.com Group Ltd.COM0.05%$1M17.8K
91SGHCSuper Group SGHC Ltd.COM0.05%$1M99.2K
92NOKNokia OYJCOM0.05%$1M266.6K
93TMETencent Music Entertainment GroupCOM0.05%$1M53.5K
94GMEDGlobus Medical Inc.COM0.04%$1M20.9K
95EBAYeBay Inc.COM0.04%$1M13.2K
96QUBTQuantum Computing Inc.COM0.04%$1M65.1K
97UPSTUpstart Holdings Inc.COM0.04%$1M23.3K
98CRSPCRISPR Therapeutics A.G.COM0.04%$1M17.8K
99PEGAPegasystems Inc.COM0.04%$1M19.4K
100NBIXNeurocrine Biosciences Inc.COM0.04%$1M7.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.7B116May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.8B124Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.7B124Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$2.4B139Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.1B138May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.2B147Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.1B150Nov 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.0B40Aug 15, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.9B42May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.7B42Feb 15, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.4B41Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.4B37Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.2B38May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.1B35Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$871M27Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$901M25Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.1B26May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.1B28Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$990M27Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$960M27Nov 4, 2021RESTATEMENTchanges · EDGAR ↗
Q1 2021$847M26May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$639M14Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$567M13Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$530M13Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$418M12May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$516M12Feb 11, 202013F-HRchanges · EDGAR ↗
Q3 2019$460M12Nov 7, 201913F-HRchanges · EDGAR ↗
Q2 2019$434M11Aug 8, 201913F-HRchanges · EDGAR ↗
Q1 2019$431M12May 13, 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 ↗.