Madrid Financial Services

MANHATTAN BEACH, CA · CIK 2135336 · 13F filing filed 2026-05-15

SEC-registered investment adviser since 2026 · corporation

Assets managed$184.2m
Staff2 · 2 in investment roles
Main clients (by assets)High net worth individuals 100%
Websitemadridretirementadvisors.com
Form ADV · 2026-02-23SEC adviser record

$169.4m reported value +21.7% vs Q4 2025

26positions

71.8%in top 10

9 new 7 added 10 reduced 3 sold out vs Q4 2025

Holdings, Q1 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	GLOBAL X FDS GLBL X MLP ETF MLPA	MLPA	470,703	$25.4m14.97%	14.97%	Added +55.1k	+55,055 13.2%
2	ISHARES TR GRWT ALLOCAT ETF AOR	AOR	272,251	$17.5m10.34%	10.34%	Reduced -28.0k	-28,024 -9.3%
3	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	150,082	$13.8m8.13%	8.13%	New
4	SPDR SERIES TRUST PRTFLO S&P500 VL SPYV	SPYV	179,343	$10.1m5.99%	5.99%	Added +10.0k	+9,979 5.9%
5	SPDR SER TR S&P OILGAS EXP XOP	XOP	54,494	$9.9m5.85%	5.85%	New
6	GLOBAL X FDS GLB X MLP ENRG I MLPX	MLPX	129,288	$9.6m5.64%	5.64%	Reduced -185.4k	-185,423 -58.9%
7	ISHARES INC MSCI STH KOR ETF EWY	EWY	75,587	$9.3m5.49%	5.49%	New
8	WISDOMTREE TR JAPN HEDGE EQT DXJ	DXJ	56,335	$8.9m5.27%	5.27%	Reduced -126	-126 -0.2%
9	VANECK ETF TRUST URANIUM AND NUCL NLR	NLR	64,772	$8.6m5.09%	5.09%	Reduced -11.8k	-11,762 -15.4%
10	INVESCO EXCHANGE TRADED FD T AEROSPACE DEFN PPA	PPA	51,610	$8.6m5.05%	5.05%	Reduced -413	-413 -0.8%
11	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	12,271	$8.0m4.71%	4.71%	Added +124	+124 1.0%
12	ISHARES TR CORE MSCI EAFE IEFA	IEFA	87,352	$7.9m4.67%	4.67%	New
13	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	12,510	$7.2m4.26%	4.26%	Reduced -329	-329 -2.6%
14	ISHARES TR CORE S&P MCP ETF IJH	IJH	102,126	$6.9m4.07%	4.07%	Reduced -8.5k	-8,521 -7.7%
15	WISDOMTREE TR ITL HIGH DIV FD DTH	DTH	123,955	$6.7m3.96%	3.96%	New
16	ISHARES TR RUSSELL 2000 ETF IWM	IWM	23,504	$5.8m3.44%	3.44%	New
17	ISHARES TR AGGRES ALLOC ETF AOA	AOA	23,759	$2.1m1.24%	1.24%	Reduced -2.9k	-2,934 -11.0%
18	ISHARES TR CONSER ALLOC ETF AOK	AOK	19,819	$790.6k0.47%	0.47%	Added +5.2k	+5,235 35.9%
19	EA SERIES TRUST EA BRIDGEWAY OMN BSVO	BSVO	19,705	$499.9k0.30%	0.30%	New
20	FIDELITY COVINGTON TRUST ENHANCED LARGE FELC	FELC	8,000	$290.2k0.17%	0.17%	Reduced -1.5k	-1,470 -15.5%
21	NVIDIA CORPORATION COM NVDA	NVDA	1,623	$283.1k0.17%	0.17%	Added +280	+280 20.9%
22	WALMART INC COM WMT	WMT	2,200	$273.4k0.16%	0.16%	New
23	ISHARES TR IBOXX INV CP ETF LQD	LQD	2,354	$256.6k0.15%	0.15%	Reduced -24.0k	-23,984 -91.1%
24	AMAZON COM INC COM AMZN	AMZN	1,150	$239.5k0.14%	0.14%	Added +280	+280 32.2%
25	ISHARES TR MODERT ALLOC ETF AOM	AOM	4,515	$213.9k0.13%	0.13%	Added +268	+268 6.3%
26	ALPS ETF TR SMITH CORE PLUS SMTH	SMTH	7,887	$203.1k0.12%	0.12%	New

Sold out since Q4 2025

Security	Ticker	Shares held before	Value then
SELECT SECTOR SPDR TR XLU	XLU	170,697	$7.3m170.7k shares
SELECT SECTOR SPDR TR XLF	XLF	127,840	$7.0m127.8k shares
PALANTIR TECHNOLOGIES INC PLTR	PLTR	2,130	$378.6k2.1k shares