# Swan Global Investments, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1591505. Source: https://holderbook.com/funds/1591505-swan-global-investments-llc/

- Reported value: $3.4B
- Positions: 103
- Weight of the ten largest: 85.2%
- Filed: 2026-08-11

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 |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.2B | 0 | 34.1% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $801.2M | 1,072,921 | 23.7% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $405.8M | 541,901 | 12.0% | 12 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $106.8M | 560,690 | 3.2% | 31 |
| PACER FDS TR | [PSMO](https://holderbook.com/stocks/PSMO/) | $85.7M | 2,633,439 | 2.5% | 12 |
| PACER FDS TR | [PSMD](https://holderbook.com/stocks/PSMD/) | $80.4M | 2,342,410 | 2.4% | 12 |
| PACER FDS TR | [PSMJ](https://holderbook.com/stocks/PSMJ/) | $79.4M | 2,347,266 | 2.3% | 12 |
| PACER FDS TR | [PSMR](https://holderbook.com/stocks/PSMR/) | $77.6M | 2,411,647 | 2.3% | 12 |
| PACER FDS TR | [PSCW](https://holderbook.com/stocks/PSCW/) | $52.4M | 1,744,472 | 1.5% | 12 |
| PACER FDS TR | [PSCQ](https://holderbook.com/stocks/PSCQ/) | $41.9M | 1,342,756 | 1.2% | 12 |
| LISTED FDS TR | [HEGD](https://holderbook.com/stocks/HEGD/) | $41.8M | 1,569,429 | 1.2% | 12 |
| PACER FDS TR | [PSCJ](https://holderbook.com/stocks/PSCJ/) | $35.5M | 1,121,765 | 1.0% | 12 |
| PACER FDS TR | [PSFD](https://holderbook.com/stocks/PSFD/) | $32.8M | 824,213 | 1.0% | 12 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $30.7M | 572,383 | 0.9% | 31 |
| PACER FDS TR | [PSFO](https://holderbook.com/stocks/PSFO/) | $29.1M | 840,907 | 0.9% | 12 |
| PACER FDS TR | [PSCX](https://holderbook.com/stocks/PSCX/) | $25.8M | 788,754 | 0.8% | 12 |
| PACER FDS TR | [PSFJ](https://holderbook.com/stocks/PSFJ/) | $25.7M | 729,426 | 0.8% | 12 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $23.9M | 203,454 | 0.7% | 31 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $23.5M | 147,836 | 0.7% | 31 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $23.1M | 124,570 | 0.7% | 31 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $21.0M | 196,236 | 0.6% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $18.9M | 65,417 | 0.6% | 9 |
| PACER FDS TR | [PSFM](https://holderbook.com/stocks/PSFM/) | $17.7M | 507,781 | 0.5% | 12 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $12.8M | 34,410 | 0.4% | 9 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $12.0M | 144,652 | 0.4% | 31 |
| MIAMI INTL HLDGS INC | [MIAX](https://holderbook.com/stocks/MIAX/) | $11.3M | 0 | 0.3% | 1 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $8.7M | 0 | 0.3% | 31 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $8.0M | 149,961 | 0.2% | 31 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $7.0M | 60,335 | 0.2% | 4 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $5.9M | 13,617 | 0.2% | 1 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $5.6M | 123,778 | 0.2% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $5.4M | 0 | 0.2% | 8 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $5.3M | 26,623 | 0.2% | 4 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $4.6M | 91,056 | 0.1% | 31 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $4.6M | 104,653 | 0.1% | 31 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $3.6M | 9,084 | 0.1% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.3M | 0 | 0.1% | 11 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $3.2M | 5,517 | 0.1% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.3M | 6,536 | 0.1% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.3M | 9,458 | 0.1% | 4 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.9M | 1,632 | 0.1% | 2 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.9M | 3,299 | 0.1% | 4 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.8M | 10,926 | 0.1% | 1 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $1.8M | 0 | 0.1% | 12 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $1.8M | 0 | 0.1% | 31 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $1.5M | 14,918 | 0.0% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.5M | 0 | 0.0% | 5 |
| NORTHERN LTS FD TR III | [SCLZ](https://holderbook.com/stocks/SCLZ/) | $1.4M | 25,295 | 0.0% | 10 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.4M | 3,809 | 0.0% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.3M | 0 | 0.0% | 5 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.3M | 0 | 0.0% | 1 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $1.3M | 3,086 | 0.0% | 1 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $1.2M | 0 | 0.0% | 1 |
| SUPER MICRO COMPUTER INC | [SMCI](https://holderbook.com/stocks/SMCI/) | $1.2M | 40,130 | 0.0% | 1 |
| EBAY INC. | [EBAY](https://holderbook.com/stocks/EBAY/) | $1.1M | 9,655 | 0.0% | 1 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $992.0K | 2,626 | 0.0% | 7 |
| BANK OF AMER CORP | [BACPRB](https://holderbook.com/stocks/BACPRB/) | $990.0K | 0 | 0.0% | 3 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $941.5K | 5,095 | 0.0% | 1 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $861.0K | 0 | 0.0% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $831.2K | 693 | 0.0% | 7 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $797.2K | 4,753 | 0.0% | 1 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $790.2K | 2,145 | 0.0% | 31 |
| EA SERIES TRUST | [BOXX](https://holderbook.com/stocks/BOXX/) | $761.1K | 6,500 | 0.0% | 6 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $754.2K | 2,304 | 0.0% | 7 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $643.2K | 5,476 | 0.0% | 6 |
| ISHARES TR | [IBTG](https://holderbook.com/stocks/IBTG/) | $620.7K | 27,118 | 0.0% | 1 |
| ETFS GOLD TR | [SGOL](https://holderbook.com/stocks/SGOL/) | $600.2K | 15,700 | 0.0% | 7 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $592.1K | 3,358 | 0.0% | 1 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $568.2K | 1,351 | 0.0% | 4 |
| SERVICETITAN INC | [TTAN](https://holderbook.com/stocks/TTAN/) | $555.5K | 7,856 | 0.0% | 1 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $549.3K | 3,748 | 0.0% | 1 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $549.0K | 1,469 | 0.0% | 4 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $520.9K | 2,051 | 0.0% | 6 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $482.8K | 940 | 0.0% | 6 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $448.1K | 1,306 | 0.0% | 7 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $443.5K | 587 | 0.0% | 1 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $437.9K | 917 | 0.0% | 1 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $422.5K | 3,730 | 0.0% | 4 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $406.5K | 2,973 | 0.0% | 4 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $374.8K | 352 | 0.0% | 2 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $373.7K | 1,485 | 0.0% | 4 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $360.0K | 0 | 0.0% | 31 |
| ISHARES TR | [IBTH](https://holderbook.com/stocks/IBTH/) | $352.8K | 15,771 | 0.0% | 1 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $347.1K | 4,144 | 0.0% | 7 |
| UBER TECHNOLOGIES INC | - | $338.4K | 4,689 | 0.0% | 4 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $335.9K | 0 | 0.0% | 31 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $320.1K | 3,873 | 0.0% | 3 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $305.3K | 1,609 | 0.0% | 3 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $304.0K | 862 | 0.0% | 3 |
| VANGUARD SCOTTSDALE FDS | [VTWO](https://holderbook.com/stocks/VTWO/) | $294.7K | 2,427 | 0.0% | 7 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $290.9K | 3,511 | 0.0% | 31 |
| BONDBLOXX ETF TRUST | [XCCC](https://holderbook.com/stocks/XCCC/) | $288.8K | 7,900 | 0.0% | 1 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $279.5K | 2,894 | 0.0% | 7 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $264.0K | 0 | 0.0% | 1 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $259.6K | 3,636 | 0.0% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $233.7K | 1,275 | 0.0% | 4 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $233.3K | 2,700 | 0.0% | 31 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $231.5K | 365 | 0.0% | 1 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $229.0K | 2,818 | 0.0% | 6 |
| BONDBLOXX ETF TRUST | [XBB](https://holderbook.com/stocks/XBB/) | $225.4K | 5,500 | 0.0% | 1 |

## 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 | +12.8% | +14.8% | -2.0% | 100% |
| Q1 2026 | -3.5% | -4.6% | +1.2% | 100% |
| Q4 2025 | +2.2% | +2.4% | -0.2% | 100% |
| Q3 2025 | +6.7% | +7.8% | -1.1% | 100% |
| Q2 2025 | +9.4% | +10.5% | -1.1% | 100% |
| Q1 2025 | -3.6% | -4.6% | +0.9% | 100% |
| Q4 2024 | +1.5% | +2.1% | -0.7% | 100% |
| Q3 2024 | +5.2% | +5.4% | -0.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $3.4B | 103 |
| Q1 2026 | $3.0B | 76 |
| Q4 2025 | $3.4B | 79 |
| Q3 2025 | $3.6B | 70 |
| Q2 2025 | $3.6B | 79 |
| Q1 2025 | $3.4B | 68 |
| Q4 2024 | $3.4B | 57 |
| Q3 2024 | $3.3B | 48 |
| Q2 2024 | $3.3B | 43 |
| Q1 2024 | $3.2B | 42 |
| Q4 2023 | $3.1B | 42 |
| Q3 2023 | $3.1B | 41 |