Madrid Financial Services

MANHATTAN BEACH, CA · CIK 2135336 · 13F filing filed 2026-08-18

SEC-registered investment adviser since 2026 · corporation

$137.3m reported value +9.0% vs Q4 2024

17positions

80.3%in top 10

1 new 7 added 9 reduced 4 sold out vs Q4 2024

Holdings, Q1 2025

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	GLOBAL X FDS GLB X MLP ENRG I MLPX	MLPX	310,975	$19.8m14.45%	14.45%	New
2	GLOBAL X FDS GLBL X MLP ETF MLPA	MLPA	321,960	$17.1m12.48%	12.48%	Reduced -81.2k	-81,159 -20.1%
3	ISHARES TR MODERT ALLOC ETF AOM	AOM	345,424	$15.2m11.04%	11.04%	Added +82.8k	+82,819 31.5%
4	ISHARES TR RUSSELL 2000 ETF IWM	IWM	49,288	$9.8m7.16%	7.16%	Added +44.6k	+44,605 952.5%
5	SPDR SERIES TRUST PRTFLO S&P500 VL SPYV	SPYV	165,309	$8.4m6.15%	6.15%	Added +6.6k	+6,603 4.2%
6	SELECT SECTOR SPDR TR SBI INT-UTILS XLU	XLU	106,911	$8.4m6.14%	6.14%	Added +12.3k	+12,255 12.9%
7	INVESCO EXCHANGE TRADED FD T AEROSPACE DEFN PPA	PPA	70,535	$8.2m5.99%	5.99%	Reduced -8.5k	-8,489 -10.7%
8	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	162,229	$8.1m5.89%	5.89%	Reduced -18.9k	-18,898 -10.4%
9	ISHARES TR RESIDENTIAL MULT REZ	REZ	93,326	$8.1m5.87%	5.87%	Reduced -13.5k	-13,498 -12.6%
10	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	12,651	$7.1m5.15%	5.15%	Reduced -677	-677 -5.1%
11	ISHARES TR CORE S&P MCP ETF IJH	IJH	112,801	$6.6m4.79%	4.79%	Added +108.2k	+108,202 2352.7%
12	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	13,573	$6.4m4.64%	4.64%	Reduced -848	-848 -5.9%
13	SPDR SER TR S&P OILGAS EXP XOP	XOP	48,032	$6.3m4.61%	4.61%	Added +4.2k	+4,247 9.7%
14	ISHARES TR IBOXX INV CP ETF LQD	LQD	47,244	$5.1m3.74%	3.74%	Reduced -5.6k	-5,580 -10.6%
15	ISHARES TR AGGRES ALLOC ETF AOA	AOA	19,035	$1.5m1.06%	1.06%	Added +15.8k	+15,840 495.8%
16	ISHARES TR CONSER ALLOC ETF AOK	AOK	17,687	$665.6k0.48%	0.48%	Reduced -4.7k	-4,681 -20.9%
17	EA SERIES TRUST EA BRIDGEWAY OMN BSVO	BSVO	25,000	$486.0k0.35%	0.35%	Reduced -4.1k	-4,113 -14.1%

Security	Ticker	Shares held before	Value then
VANECK ETF TRUST GDX	GDX	241,473	$8.2m241.5k shares
WISDOMTREE TR EPI	EPI	175,307	$7.9m175.3k shares
SELECT SECTOR SPDR TR XLV	XLV	26,283	$3.6m26.3k shares
ISHARES TR TLT	TLT	39,609	$3.5m39.6k shares