Main Management ETF Advisors, LLC

SAN FRANCISCO, CA · CIK 1698607 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2017 · limited liability company

Assets managed$2.8bn
Staff27 · 25 in investment roles
Main clients (by assets)Mutual funds and ETFs 100%
Websitemainmgtetfs.com
Form ADV · 2026-03-31SEC adviser record

Legal entityMAIN MANAGEMENT ETF ADVISORS, LLC (US)

$3.3bn reported value +23.3% vs Q1 2026

103positions

89.3%in top 10

24 new 73 added 6 reduced 36 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	6,026,894	$1.1bn34.76%	34.76%	Added +927.1k	+927,107 18.2%
2	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	9,511,811	$509.9m15.44%	15.44%	Added +4.6m	+4,622,964 94.6%
3	SELECT SECTOR SPDR TR INDL XLI	XLI	1,904,735	$352.8m10.68%	10.68%	Added +503.8k	+503,836 36.0%
4	SELECT SECTOR SPDR TR SBI CONS DISCR XLY	XLY	2,141,512	$251.2m7.60%	7.60%	Added +62.5k	+62,469 3.0%
5	INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM	QQQM	590,648	$178.9m5.42%	5.42%	New
6	SELECT SECTOR SPDR TR SBI INT-UTILS XLU	XLU	3,739,385	$169.5m5.13%	5.13%	New
7	SELECT SECTOR SPDR TR SBI MATERIALS XLB	XLB	2,135,161	$108.5m3.29%	3.29%	Added +62.3k	+62,286 3.0%
8	SELECT SECTOR SPDR TR ENERGY XLE	XLE	1,853,850	$98.5m2.98%	2.98%	New
9	ISHARES TR CORE MSCI INTL IDEV	IDEV	971,458	$86.5m2.62%	2.62%	Added +45.1k	+45,150 4.9%
10	ISHARES INC CORE MSCI EMKT IEMG	IEMG	564,085	$46.7m1.41%	1.41%	Added +66.1k	+66,105 13.3%
11	SPDR INDEX SHS FDS PORTFLO EURP ETF SPEU	SPEU	516,918	$28.4m0.86%	0.86%	Added +36.8k	+36,774 7.7%
12	ISHARES TR LATN AMER 40 ETF ILF	ILF	685,980	$23.2m0.70%	0.70%	Added +48.8k	+48,816 7.7%
13	VANGUARD INTL EQUITY INDEX F FTSE PACIFIC ETF VPL	VPL	167,739	$19.4m0.59%	0.59%	Added +11.9k	+11,934 7.7%
14	SPDR INDEX SHS FDS PORTFOLIO EMG MK SPEM	SPEM	318,850	$16.5m0.50%	0.50%	Added +22.7k	+22,680 7.7%
15	MICRON TECHNOLOGY INC COM MU	MU	11,574	$13.4m0.40%	0.40%	Added +280	+280 2.5%
16	PALO ALTO NETWORKS INC COM PANW	PANW	30,247	$10.3m0.31%	0.31%	Added +740	+740 2.5%
17	VICOR CORP COM VICR	VICR	23,606	$9.0m0.27%	0.27%	New
18	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	8,172	$6.2m0.19%	0.19%	Added +200	+200 2.5%
19	FRANKLIN TEMPLETON ETF TR FTSE CANADA FLCA	FLCA	113,169	$5.8m0.18%	0.18%	Added +8.0k	+8,046 7.7%
20	ADVANCED MICRO DEVICES INC COM AMD	AMD	9,708	$5.6m0.17%	0.17%	Added +240	+240 2.5%
21	FORTINET INC COM FTNT	FTNT	36,585	$5.6m0.17%	0.17%	Added +900	+900 2.5%
22	LUMENTUM HLDGS INC COM LITE	LITE	6,494	$5.6m0.17%	0.17%	Added +160	+160 2.5%
23	CLEAR SECURE INC COM CL A YOU	YOU	99,011	$5.5m0.17%	0.17%	Added +2.4k	+2,440 2.5%
24	AAON INC COM PAR $0.004 AAON	AAON	43,054	$5.5m0.17%	0.17%	Added +9.0k	+9,000 26.4%
25	HINGE HEALTH INC CL A HNGE	HNGE	63,024	$5.2m0.16%	0.16%	Added +1.6k	+1,560 2.5%
26	BLACKBERRY LTD COM BB	BB	406,287	$5.1m0.16%	0.16%	Added +10.0k	+10,000 2.5%
27	ISHARES INC MSCI STH AFR ETF EZA	EZA	81,024	$5.1m0.16%	0.16%	New
28	KEYSIGHT TECHNOLOGIES INC COM KEYS	KEYS	13,742	$4.8m0.15%	0.15%	Added +1.1k	+1,134 9.0%
29	TERADYNE INC COM TER	TER	9,741	$4.7m0.14%	0.14%	Added +240	+240 2.5%
30	RUBRIK INC. CL A RBRK	RBRK	57,723	$4.6m0.14%	0.14%	Added +1.4k	+1,420 2.5%
31	VARONIS SYS INC COM VRNS	VRNS	98,981	$4.2m0.13%	0.13%	Added +2.4k	+2,440 2.5%
32	MARVELL TECHNOLOGY INC COM MRVL	MRVL	13,736	$4.1m0.12%	0.12%	Added +340	+340 2.5%
33	VERTIV HOLDINGS CO COM CL A VRT	VRT	12,181	$4.1m0.12%	0.12%	Added +1.1k	+1,094 9.9%
34	GENERAC HLDGS INC COM GNRC	GNRC	13,838	$4.1m0.12%	0.12%	New
35	ADVANCED ENERGY INDS COM AEIS	AEIS	10,582	$3.9m0.12%	0.12%	New
36	SEAGATE TECHNOLOGY HLDNGS PL ORD SHS STX	STX	4,040	$3.9m0.12%	0.12%	Added +100	+100 2.5%
37	GE VERNOVA INC COM GEV	GEV	3,246	$3.8m0.12%	0.12%	Reduced -714	-714 -18.0%
38	VERACYTE INC COM VCYT	VCYT	63,329	$3.7m0.11%	0.11%	Added +1.6k	+1,560 2.5%
39	MODINE MFG CO COM MOD	MOD	13,820	$3.7m0.11%	0.11%	Added +5.1k	+5,107 58.6%
40	ONTO INNOVATION INC COM ONTO	ONTO	9,696	$3.7m0.11%	0.11%	Added +240	+240 2.5%
41	MYR GROUP INC DEL COM MYRG	MYRG	7,326	$3.7m0.11%	0.11%	New
42	WESTERN DIGITAL CORP COM WDC	WDC	5,656	$3.6m0.11%	0.11%	Added +140	+140 2.5%
43	CLOUDFLARE INC CL A COM NET	NET	14,594	$3.6m0.11%	0.11%	Added +360	+360 2.5%
44	BENTLEY SYS INC COM CL B BSY	BSY	119,166	$3.6m0.11%	0.11%	Added +55.3k	+55,342 86.7%
45	WOODWARD INC COM WWD	WWD	8,120	$3.5m0.10%	0.10%	Added +200	+200 2.5%
46	F5 INC COM FFIV	FFIV	8,130	$3.4m0.10%	0.10%	Added +200	+200 2.5%
47	CIENA CORP COM NEW CIEN	CIEN	6,489	$3.2m0.10%	0.10%	Reduced -3.8k	-3,805 -37.0%
48	VIAVI SOLUTIONS INC COM VIAV	VIAV	66,292	$3.2m0.10%	0.10%	Added +6.4k	+6,404 10.7%
49	RBC BEARINGS INC COM RBC	RBC	4,884	$3.1m0.10%	0.10%	New
50	ELEMENT SOLUTIONS INC COM ESI	ESI	65,108	$3.1m0.09%	0.09%	New
51	SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B SQM	SQM	40,691	$3.0m0.09%	0.09%	New
52	AUTODESK INC COM ADSK	ADSK	15,428	$3.0m0.09%	0.09%	Added +1.2k	+1,174 8.2%
53	VISTRA CORP COM VST	VST	18,674	$3.0m0.09%	0.09%	Added +460	+460 2.5%
54	ROCKWELL AUTOMATION INC COM ROK	ROK	5,679	$2.8m0.09%	0.09%	Reduced -1.4k	-1,448 -20.3%
55	IPG PHOTONICS CORP COM IPGP	IPGP	23,606	$2.8m0.08%	0.08%	New
56	HUDBAY MINERALS INC COM HBM	HBM	116,340	$2.7m0.08%	0.08%	New
57	ITT INC COM ITT	ITT	13,838	$2.7m0.08%	0.08%	New
58	AXON ENTERPRISE INC COM AXON	AXON	4,873	$2.7m0.08%	0.08%	Added +120	+120 2.5%
59	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	5,656	$2.7m0.08%	0.08%	Added +140	+140 2.5%
60	BWX TECHNOLOGIES INC COM BWXT	BWXT	12,993	$2.5m0.08%	0.08%	Added +320	+320 2.5%
61	GEN DIGITAL INC COM GEN	GEN	100,449	$2.5m0.08%	0.08%	Added +2.5k	+2,480 2.5%
62	ERO COPPER CORP COM ERO	ERO	87,098	$2.3m0.07%	0.07%	New
63	ANALOG DEVICES INC COM ADI	ADI	5,676	$2.3m0.07%	0.07%	Added +140	+140 2.5%
64	STEEL DYNAMICS INC COM STLD	STLD	9,765	$2.2m0.07%	0.07%	New
65	INSULET CORP COM PODD	PODD	14,593	$2.2m0.07%	0.07%	Added +360	+360 2.5%
66	HAEMONETICS CORP MASS COM HAE	HAE	29,088	$2.2m0.07%	0.07%	Added +720	+720 2.5%
67	QNITY ELECTRONICS INC COMMON STOCK Q	Q	13,008	$2.1m0.06%	0.06%	New
68	WATERS CORP COM WAT	WAT	5,656	$2.1m0.06%	0.06%	Added +140	+140 2.5%
69	KADANT INC COM KAI	KAI	6,488	$2.0m0.06%	0.06%	Added +3.3k	+3,336 105.8%
70	CRANE COMPANY COMMON STOCK CR	CR	8,888	$2.0m0.06%	0.06%	Added +220	+220 2.5%
71	CONSTELLATION ENERGY CORP COM CEG	CEG	7,753	$1.9m0.06%	0.06%	Reduced -1.4k	-1,388 -15.2%
72	SOUTHERN COPPER CORP COM SCCO	SCCO	10,714	$1.9m0.06%	0.06%	New
73	USA RARE EARTH INC COM USAR	USAR	86,178	$1.9m0.06%	0.06%	New
74	CURTISS WRIGHT CORP COM CW	CW	2,434	$1.8m0.06%	0.06%	Added +60	+60 2.5%
75	FABRINET SHS FN	FN	3,232	$1.8m0.06%	0.06%	Added +80	+80 2.5%
76	TECK RESOURCES LTD CL B TECK	TECK	30,099	$1.8m0.05%	0.05%	New
77	VEEVA SYS INC CL A COM VEEV	VEEV	9,721	$1.7m0.05%	0.05%	Added +240	+240 2.5%
78	DOXIMITY INC CL A DOCS	DOCS	80,377	$1.7m0.05%	0.05%	Added +2.0k	+1,980 2.5%
79	CENTURY ALUM CO COM CENX	CENX	33,363	$1.5m0.05%	0.05%	New
80	TRIMBLE INC COM TRMB	TRMB	28,280	$1.4m0.04%	0.04%	Added +700	+700 2.5%
81	MOOG INC CL A MOG.A	MOG.A	3,247	$1.4m0.04%	0.04%	Added +80	+80 2.5%
82	GARMIN LTD SHS GRMN	GRMN	5,681	$1.3m0.04%	0.04%	Added +140	+140 2.5%
83	ALMONTY INDS INC COM NEW ALM	ALM	79,736	$1.3m0.04%	0.04%	New
84	ELBIT SYS LTD ORD ESLT	ESLT	1,626	$1.2m0.04%	0.04%	Added +40	+40 2.5%
85	ALCOA CORP COM AA	AA	23,618	$1.2m0.04%	0.04%	New
86	DEXCOM INC COM DXCM	DXCM	17,776	$1.2m0.04%	0.04%	Added +440	+440 2.5%
87	AGILENT TECHNOLOGIES INC COM A	A	8,888	$1.2m0.04%	0.04%	Added +220	+220 2.5%
88	KARMAN HLDGS INC COMMON STOCK KRMN	KRMN	22,734	$1.1m0.03%	0.03%	Added +560	+560 2.5%
89	CSW INDUSTRIALS INC COM CSW	CSW	4,060	$1.1m0.03%	0.03%	Added +100	+100 2.5%
90	ZSCALER INC COM ZS	ZS	7,711	$1.1m0.03%	0.03%	Reduced -6.2k	-6,164 -44.4%
91	AEROVIRONMENT INC COM AVAV	AVAV	6,457	$1.1m0.03%	0.03%	Added +160	+160 2.5%
92	METTLER TOLEDO INTERNATIONAL COM MTD	MTD	813	$1.0m0.03%	0.03%	Added +20	+20 2.5%
93	KRATOS DEFENSE & SEC SOLUTIO COM NEW KTOS	KTOS	20,300	$1.0m0.03%	0.03%	Added +500	+500 2.5%
94	GENERAL DYNAMICS CORP COM GD	GD	2,434	$862.0k0.03%	0.03%	Added +60	+60 2.5%
95	PARKER-HANNIFIN CORP COM PH	PH	802	$784.0k0.02%	0.02%	Reduced -774	-774 -49.1%
96	CAE INC COM CAE	CAE	30,854	$773.0k0.02%	0.02%	Added +760	+760 2.5%
97	CACI INTL INC CL A CACI	CACI	1,626	$753.0k0.02%	0.02%	Added +40	+40 2.5%
98	WAYSTAR HLDG CORP COM WAY	WAY	36,360	$746.0k0.02%	0.02%	Added +900	+900 2.5%
99	HUNTINGTON INGALLS INDS INC COM HII	HII	2,434	$681.0k0.02%	0.02%	Added +60	+60 2.5%
100	ENERGY FUELS INC COM NEW UUUU	UUUU	46,439	$673.0k0.02%	0.02%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
SELECT SECTOR SPDR TR XLV	XLV	2,543,237	$372.9m2.5m shares
SELECT SECTOR SPDR TR XLC	XLC	2,294,415	$254.4m2.3m shares
VANGUARD WORLD FD VFH	VFH	924,885	$111.7m924.9k shares
ISHARES TR ITB	ITB	643,452	$58.3m643.5k shares
ISHARES TR IGV	IGV	285,736	$22.9m285.7k shares
FRANKLIN TEMPLETON ETF TR FLCH	FLCH	235,566	$5.3m235.6k shares
SPORTRADAR GROUP AG SRAD	SRAD	205,102	$3.4m205.1k shares
UBER TECHNOLOGIES INC UBER	UBER	42,762	$3.1m42.8k shares
ARGAN INC AGX	AGX	5,541	$3.0m5.5k shares
TALEN ENERGY CORP TLN	TLN	8,713	$2.8m8.7k shares
MERCADOLIBRE INC MELI	MELI	1,581	$2.7m1.6k shares
FAIR ISAAC CORP FICO	FICO	2,374	$2.5m2.4k shares
State Street Institutional Treasury MM Fund TRIXX	TRIXX	2,466,707	$2.5m2.5m shares
GRACO INC GGG	GGG	24,428	$2.1m24.4k shares
DOORDASH INC DASH	DASH	13,396	$2.0m13.4k shares
SEA LTD SE	SE	21,247	$1.8m21.2k shares
MOODYS CORP MCO	MCO	3,955	$1.7m4.0k shares
EXPEDIA GROUP INC EXPE	EXPE	7,092	$1.6m7.1k shares
EQUIFAX INC EFX	EFX	7,915	$1.4m7.9k shares
JOHN BEAN TECHNOLOGIES CORP JBTM	JBTM	11,067	$1.4m11.1k shares
QUALYS INC QLYS	QLYS	15,835	$1.4m15.8k shares
THE TRADE DESK INC TTD	TTD	59,100	$1.3m59.1k shares
NETFLIX INC NFLX	NFLX	13,436	$1.3m13.4k shares
NRG ENERGY INC NRG	NRG	7,920	$1.2m7.9k shares
TRANSUNION TRU	TRU	16,618	$1.1m16.6k shares