# HANSEATIC MANAGEMENT SERVICES INC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1128074. Source: https://holderbook.com/funds/1128074-hanseatic-management-services-inc/

- Reported value: $135.9M
- Positions: 83
- Weight of the ten largest: 31.5%
- Filed: 2026-08-07

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [ICSH](https://holderbook.com/stocks/ICSH/) | $10.2M | 201,499 | 7.5% | 7 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $4.9M | 165,159 | 3.6% | 9 |
| COHERENT CORP | [COHR](https://holderbook.com/stocks/COHR/) | $3.9M | 9,846 | 2.9% | 3 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $3.7M | 5,710 | 2.8% | 6 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $3.5M | 13,718 | 2.6% | 5 |
| LUMENTUM HLDGS INC | [LITE](https://holderbook.com/stocks/LITE/) | $3.5M | 4,026 | 2.5% | 3 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $3.4M | 4,729 | 2.5% | 2 |
| VIASAT INC | [VSAT](https://holderbook.com/stocks/VSAT/) | $3.3M | 37,183 | 2.5% | 2 |
| CARPENTER TECHNOLOGY CORP | [CRS](https://holderbook.com/stocks/CRS/) | $3.3M | 5,273 | 2.4% | 5 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $3.2M | 10,487 | 2.3% | 9 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $3.0M | 5,144 | 2.2% | 2 |
| INTERACTIVE BROKERS GROUP IN | [IBKR](https://holderbook.com/stocks/IBKR/) | $2.9M | 33,210 | 2.1% | 5 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $2.7M | 75,180 | 2.0% | 9 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $2.6M | 2,217 | 1.9% | 2 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $2.5M | 36,884 | 1.8% | 2 |
| GOLDMAN SACHS ETF TR | [GSEW](https://holderbook.com/stocks/GSEW/) | $2.4M | 25,814 | 1.8% | 4 |
| JABIL INC | [JBL](https://holderbook.com/stocks/JBL/) | $2.3M | 6,074 | 1.7% | 2 |
| FIDELITY COVINGTON TRUST | [FIDU](https://holderbook.com/stocks/FIDU/) | $2.3M | 22,799 | 1.7% | 2 |
| FORMFACTOR INC | [FORM](https://holderbook.com/stocks/FORM/) | $2.3M | 14,172 | 1.7% | 2 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $2.3M | 49,746 | 1.7% | 5 |
| NLIGHT INC | [LASR](https://holderbook.com/stocks/LASR/) | $2.2M | 31,318 | 1.6% | 2 |
| HEWLETT PACKARD ENTERPRISE C | [HPE](https://holderbook.com/stocks/HPE/) | $2.1M | 46,724 | 1.6% | 1 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $2.1M | 3,233 | 1.5% | 2 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $2.0M | 24,428 | 1.5% | 25 |
| CIENA CORP | [CIEN](https://holderbook.com/stocks/CIEN/) | $1.9M | 3,970 | 1.4% | 2 |
| TAPESTRY INC | [TPR](https://holderbook.com/stocks/TPR/) | $1.9M | 13,217 | 1.4% | 2 |
| ANTERIX INC | [ATEX](https://holderbook.com/stocks/ATEX/) | $1.9M | 18,418 | 1.4% | 1 |
| AMKOR TECHNOLOGY INC | [AMKR](https://holderbook.com/stocks/AMKR/) | $1.8M | 21,060 | 1.3% | 2 |
| ON SEMICONDUCTOR CORP | [ON](https://holderbook.com/stocks/ON/) | $1.8M | 18,782 | 1.3% | 1 |
| TTM TECHNOLOGIES INC | [TTMI](https://holderbook.com/stocks/TTMI/) | $1.7M | 9,327 | 1.3% | 2 |
| LIQUIDIA CORPORATION | [LQDA](https://holderbook.com/stocks/LQDA/) | $1.7M | 21,298 | 1.2% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.7M | 5,833 | 1.2% | 9 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.6M | 4,529 | 1.2% | 2 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $1.6M | 58,622 | 1.1% | 2 |
| OSCAR HEALTH INC | [OSCR](https://holderbook.com/stocks/OSCR/) | $1.5M | 52,604 | 1.1% | 1 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $1.5M | 5,002 | 1.1% | 1 |
| MODINE MFG CO | [MOD](https://holderbook.com/stocks/MOD/) | $1.4M | 5,384 | 1.1% | 1 |
| PEDIATRIX MEDICAL GROUP INC | [MD](https://holderbook.com/stocks/MD/) | $1.3M | 52,592 | 1.0% | 4 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $1.3M | 21,138 | 1.0% | 2 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $1.3M | 13,011 | 1.0% | 4 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.3M | 9,487 | 1.0% | 2 |
| SPDR SERIES TRUST | [SPTI](https://holderbook.com/stocks/SPTI/) | $1.3M | 46,571 | 1.0% | 4 |
| VISHAY INTERTECHNOLOGY INC | [VSH](https://holderbook.com/stocks/VSH/) | $1.3M | 24,490 | 1.0% | 1 |
| AST SPACEMOBILE INC | [ASTS](https://holderbook.com/stocks/ASTS/) | $1.3M | 14,381 | 0.9% | 4 |
| LINCOLN EDL SVCS CORP | [LINC](https://holderbook.com/stocks/LINC/) | $1.2M | 24,871 | 0.9% | 2 |
| DARLING INGREDIENTS INC | [DAR](https://holderbook.com/stocks/DAR/) | $1.2M | 22,177 | 0.9% | 2 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $1.2M | 11,563 | 0.9% | 2 |
| VICTORIAS SECRET AND CO | [VSXY](https://holderbook.com/stocks/VSXY/) | $1.2M | 14,038 | 0.9% | 2 |
| KRYSTAL BIOTECH INC | [KRYS](https://holderbook.com/stocks/KRYS/) | $1.2M | 3,120 | 0.9% | 2 |
| KODIAK GAS SVCS INC | [KGS](https://holderbook.com/stocks/KGS/) | $1.2M | 15,323 | 0.8% | 2 |
| ESCO TECHNOLOGIES INC | [ESE](https://holderbook.com/stocks/ESE/) | $1.1M | 3,231 | 0.8% | 1 |
| BLOOM ENERGY CORP | [BE](https://holderbook.com/stocks/BE/) | $1.1M | 3,728 | 0.8% | 2 |
| GRANITESHARES GOLD TR | [BAR](https://holderbook.com/stocks/BAR/) | $1.1M | 27,171 | 0.8% | 2 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $1.0M | 6,067 | 0.8% | 1 |
| SITIME CORP | [SITM](https://holderbook.com/stocks/SITM/) | $1.0M | 1,351 | 0.7% | 3 |
| ALCOA CORP | [AA](https://holderbook.com/stocks/AA/) | $1.0M | 19,269 | 0.7% | 2 |
| ECHOSTAR CORP | [ECHO](https://holderbook.com/stocks/ECHO/) | $936.3K | 9,225 | 0.7% | 2 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $932.5K | 2,785 | 0.7% | 9 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $851.7K | 2,823 | 0.6% | 2 |
| MASTEC INC | [MTZ](https://holderbook.com/stocks/MTZ/) | $826.3K | 1,986 | 0.6% | 2 |
| CHEMOURS CO | [CC](https://holderbook.com/stocks/CC/) | $815.6K | 39,749 | 0.6% | 1 |
| FIVE BELOW INC | [FIVE](https://holderbook.com/stocks/FIVE/) | $723.5K | 4,024 | 0.5% | 2 |
| MP MATERIALS CORP | [MP](https://holderbook.com/stocks/MP/) | $639.4K | 11,415 | 0.5% | 2 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $619.2K | 3,512 | 0.5% | 5 |
| GENERAC HLDGS INC | [GNRC](https://holderbook.com/stocks/GNRC/) | $606.4K | 2,071 | 0.4% | 1 |
| FRANKLIN RESOURCES INC | [BEN](https://holderbook.com/stocks/BEN/) | $590.2K | 17,741 | 0.4% | 1 |
| ARROW ELECTRS INC | [ARW](https://holderbook.com/stocks/ARW/) | $551.5K | 2,584 | 0.4% | 1 |
| BRIGHTSPRING HEALTH SVCS INC | [BTSG](https://holderbook.com/stocks/BTSG/) | $539.3K | 7,733 | 0.4% | 2 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $537.8K | 1,354 | 0.4% | 2 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $517.3K | 1,396 | 0.4% | 1 |
| VALMONT INDS INC | [VMI](https://holderbook.com/stocks/VMI/) | $491.0K | 850 | 0.4% | 4 |
| TARGA RES CORP | [TRGP](https://holderbook.com/stocks/TRGP/) | $486.9K | 1,816 | 0.4% | 2 |
| PROSHARES TR | [TQQQ](https://holderbook.com/stocks/TQQQ/) | $464.2K | 5,731 | 0.3% | 6 |
| MURPHY USA INC | [MUSA](https://holderbook.com/stocks/MUSA/) | $462.9K | 859 | 0.3% | 1 |
| NATERA INC | [NTRA](https://holderbook.com/stocks/NTRA/) | $460.1K | 1,695 | 0.3% | 6 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $442.5K | 5,741 | 0.3% | 2 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $428.7K | 1,135 | 0.3% | 7 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $399.6K | 950 | 0.3% | 3 |
| DXP ENTERPRISES INC | [DXPE](https://holderbook.com/stocks/DXPE/) | $358.1K | 2,122 | 0.3% | 2 |
| LIBERTY ENERGY INC | [LBRT](https://holderbook.com/stocks/LBRT/) | $252.5K | 9,641 | 0.2% | 2 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $244.7K | 204 | 0.2% | 1 |
| PERMIAN RESOURCES CORP | [PR](https://holderbook.com/stocks/PR/) | $244.3K | 13,269 | 0.2% | 2 |
| TEREX CORP NEW | [TEX](https://holderbook.com/stocks/TEX/) | $244.0K | 3,371 | 0.2% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +34.2% | +14.8% | +19.3% | 100% |
| Q1 2025 | -9.9% | -4.6% | -5.4% | 100% |
| Q4 2024 | +2.8% | +2.1% | +0.7% | 100% |
| Q3 2024 | +3.1% | +5.4% | -2.3% | 100% |
| Q2 2024 | +2.7% | +4.0% | -1.4% | 100% |
| Q1 2024 | +12.9% | +10.0% | +2.9% | 100% |
| Q4 2023 | +10.5% | +11.2% | -0.7% | 100% |
| Q3 2023 | -2.1% | -3.6% | +1.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $135.9M | 83 |
| Q1 2026 | $104.5M | 80 |
| Q4 2024 | $78.8M | 117 |
| Q3 2024 | $70.5M | 113 |
| Q2 2024 | $66.6M | 114 |
| Q1 2024 | $66.0M | 113 |
| Q4 2023 | $57.4M | 109 |
| Q3 2023 | $53.7M | 119 |
| Q2 2023 | $54.2M | 112 |
| Q1 2023 | $44.5M | 106 |
| Q4 2022 | $39.4M | 106 |
| Q3 2022 | $37.0M | 99 |