Managers / Q1 2022 · view latest →
Main Management Fund Advisors LLC
CIK 0001862787 · 601 CALIFORNIA STREET, SUITE 300, SAN FRANCISCO, CA, 94108 · 4152175800
Summary
Main Management Fund Advisors LLC reported $155M in U.S.-listed holdings across 7 positions for Q1 2022.
The portfolio is heavily concentrated: QQQ alone accounts for 42.3% of reported value.
Compared with Q4 2021, 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, 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
Portfolio Composition
- ETP · 100.0% · $155M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| XBISPDR S&P Biotech ETF | NEW | +65.4K | 65.4K | +$6M | $6M |
| DIASPDR Dow Jones Industrial Average ETF Trust | ADDED | +2.5K | 29.3K | +$425,000 | $10M |
| KUREInvesco QQQ Trust Series 1 | ADDED | +3.7K | 52.2K | −$371,000 | $19M |
| QQQSPDR S&P 500 ETF Trust | ADDED | +10.2K | 144.9K | +$1M | $65M |
| EEMiShares Core S&P Small-Cap ETF | ADDED | +11.1K | 166.7K | +$166,000 | $18M |
| SPYConsumer Staples Select Sector SPDR Fund | ADDED | +15.8K | 279.3K | +$878,000 | $21M |
| OIHVanEck Oil Services ETF | ADDED | +2.8K | 53.0K | +$6M | $15M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | QQQSPDR S&P 500 ETF Trusthistory → | COM | 42.34% | $65M | 144.9K |
| 2 | SPYConsumer Staples Select Sector SPDR Fundhistory → | COM | 13.71% | $21M | 279.3K |
| 3 | KUREInvesco QQQ Trust Series 1history → | COM | 12.24% | $19M | 52.2K |
| 4 | EEMiShares Core S&P Small-Cap ETFhistory → | COM | 11.64% | $18M | 166.7K |
| 5 | OIHVanEck Oil Services ETFhistory → | COM | 9.69% | $15M | 53.0K |
| 6 | DIASPDR Dow Jones Industrial Average ETF Trusthistory → | COM | 6.57% | $10M | 29.3K |
| 7 | XBISPDR S&P Biotech ETFhistory → | COM | 3.80% | $6M | 65.4K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $1.2B | 8 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $1.1B | 7 | Feb 10, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $1.0B | 8 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $839M | 6 | Aug 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $682M | 6 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $655M | 6 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $583M | 5 | Nov 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $555M | 6 | Aug 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $492M | 6 | May 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $357M | 6 | Feb 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $344M | 8 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $310M | 8 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $229M | 8 | May 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $159M | 8 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $139M | 8 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $141M | 8 | Aug 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $155M | 7 | May 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $140M | 6 | Feb 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $130M | 7 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $127M | 6 | Aug 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $114M | 6 | May 17, 2021 | 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 ↗.