# Defiance ETFs, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1732541. Source: https://holderbook.com/funds/1732541-defiance-etfs-llc/

- Reported value: $7.4B
- Positions: 387
- Weight of the ten largest: 17.3%
- Filed: 2026-08-14

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 | [IVV](https://holderbook.com/stocks/IVV/) | $154.2M | 205,875 | 2.1% | 2 |
| HORIZON QUANTUM HOLDINGS LTD | [HQ](https://holderbook.com/stocks/HQ/) | $150.9M | 5,582,526 | 2.0% | 1 |
| ARQIT QUANTUM INC | [ARQQ](https://holderbook.com/stocks/ARQQ/) | $147.1M | 5,099,023 | 2.0% | 3 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $143.1M | 387,371 | 1.9% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $136.8M | 692,495 | 1.9% | 3 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $115.3M | 423,990 | 1.6% | 3 |
| UNITED STS OIL FD LP | [USO](https://holderbook.com/stocks/USO/) | $115.0M | 0 | 1.6% | 1 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $106.2M | 196,385 | 1.4% | 3 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $103.9M | 308,010 | 1.4% | 3 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $101.2M | 865,125 | 1.4% | 3 |
| QUANTINUUM INC | [QNT](https://holderbook.com/stocks/QNT/) | $95.3M | 1,215,283 | 1.3% | 1 |
| ASTERA LABS INC | [ALAB](https://holderbook.com/stocks/ALAB/) | $91.7M | 212,915 | 1.2% | 3 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $91.6M | 80,747 | 1.2% | 2 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $89.3M | 137,176 | 1.2% | 3 |
| ONTO INNOVATION INC | [ONTO](https://holderbook.com/stocks/ONTO/) | $86.8M | 246,958 | 1.2% | 3 |
| MKS INC. | [MKSI](https://holderbook.com/stocks/MKSI/) | $86.5M | 210,440 | 1.2% | 3 |
| BTQ TECHNOLOGIES CORP | [BTQ](https://holderbook.com/stocks/BTQ/) | $85.0M | 16,046,776 | 1.2% | 3 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $84.4M | 317,164 | 1.1% | 3 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $84.0M | 461,709 | 1.1% | 3 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $82.9M | 211,992 | 1.1% | 3 |
| NOKIA CORP | [NOK](https://holderbook.com/stocks/NOK/) | $82.3M | 6,372,060 | 1.1% | 3 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $82.2M | 79,599 | 1.1% | 3 |
| TERADYNE INC | [TER](https://holderbook.com/stocks/TER/) | $82.0M | 191,977 | 1.1% | 3 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $81.5M | 641,755 | 1.1% | 3 |
| LATTICE SEMICONDUCTOR CORP | [LSCC](https://holderbook.com/stocks/LSCC/) | $77.0M | 526,111 | 1.0% | 3 |
| NEBIUS GROUP N.V. | [NBIS](https://holderbook.com/stocks/NBIS/) | $76.6M | 334,346 | 1.0% | 2 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $76.5M | 185,539 | 1.0% | 2 |
| RADNET INC | [RDNT](https://holderbook.com/stocks/RDNT/) | $75.0M | 1,143,622 | 1.0% | 3 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $75.0M | 240,769 | 1.0% | 2 |
| CLOUDFLARE INC | [NET](https://holderbook.com/stocks/NET/) | $74.9M | 304,017 | 1.0% | 3 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $73.8M | 106,723 | 1.0% | 2 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $73.8M | 384,717 | 1.0% | 3 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $72.8M | 278,538 | 1.0% | 3 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $72.3M | 162,723 | 1.0% | 3 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $71.6M | 239,821 | 1.0% | 3 |
| QUANTUM EMOTION CORP | [QNC](https://holderbook.com/stocks/QNC/) | $71.6M | 24,011,984 | 1.0% | 1 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $71.0M | 248,129 | 1.0% | 3 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $70.7M | 38,353 | 1.0% | 3 |
| TOWER SEMICONDUCTOR LTD | [TSEM](https://holderbook.com/stocks/TSEM/) | $69.9M | 284,805 | 0.9% | 3 |
| COHERENT CORP | [COHR](https://holderbook.com/stocks/COHR/) | $69.4M | 188,228 | 0.9% | 3 |
| TERADATA CORP DEL | [TDC](https://holderbook.com/stocks/TDC/) | $69.3M | 2,011,280 | 0.9% | 3 |
| MONGODB INC | [MDB](https://holderbook.com/stocks/MDB/) | $68.7M | 191,275 | 0.9% | 3 |
| NUTANIX INC | [NTNX](https://holderbook.com/stocks/NTNX/) | $68.6M | 1,339,373 | 0.9% | 3 |
| D-WAVE QUANTUM INC | [QBTS](https://holderbook.com/stocks/QBTS/) | $68.4M | 2,912,047 | 0.9% | 3 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $68.1M | 478,066 | 0.9% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $67.8M | 187,568 | 0.9% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $67.7M | 279,949 | 0.9% | 1 |
| XANADU QUANTUM TECHNOLO LTD | [XNDU](https://holderbook.com/stocks/XNDU/) | $67.5M | 5,699,266 | 0.9% | 1 |
| NVE CORP | [NVEC](https://holderbook.com/stocks/NVEC/) | $67.3M | 635,270 | 0.9% | 3 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $67.3M | 758,737 | 0.9% | 3 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $67.1M | 533,993 | 0.9% | 1 |
| BAIDU INC | [BIDU](https://holderbook.com/stocks/BIDU/) | $66.8M | 566,162 | 0.9% | 3 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $66.7M | 171,529 | 0.9% | 3 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $66.6M | 127,595 | 0.9% | 3 |
| STMICROELECTRONICS N V | [STM](https://holderbook.com/stocks/STM/) | $66.5M | 940,246 | 0.9% | 3 |
| QUANTUM COMPUTING INC | [QUBT](https://holderbook.com/stocks/QUBT/) | $66.3M | 7,033,410 | 0.9% | 3 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $66.0M | 145,173 | 0.9% | 3 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $65.7M | 173,808 | 0.9% | 3 |
| NXP SEMICONDUCTORS N V | [NXPI](https://holderbook.com/stocks/NXPI/) | $65.0M | 232,976 | 0.9% | 3 |
| HEWLETT PACKARD ENTERPRISE C | [HPE](https://holderbook.com/stocks/HPE/) | $64.5M | 1,467,430 | 0.9% | 3 |
| RIGETTI COMPUTING INC | [RGTI](https://holderbook.com/stocks/RGTI/) | $64.4M | 3,447,966 | 0.9% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $64.4M | 167,502 | 0.9% | 3 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $64.1M | 123,249 | 0.9% | 3 |
| ELASTIC N V | [ESTC](https://holderbook.com/stocks/ESTC/) | $64.0M | 1,094,323 | 0.9% | 3 |
| INFLEQTION INC | [INFQ](https://holderbook.com/stocks/INFQ/) | $63.8M | 4,937,608 | 0.9% | 1 |
| CIRRUS LOGIC INC | [CRUS](https://holderbook.com/stocks/CRUS/) | $61.7M | 421,317 | 0.8% | 3 |
| IONQ INC | [IONQ](https://holderbook.com/stocks/IONQ/) | $61.6M | 1,197,663 | 0.8% | 3 |
| COREWEAVE INC | [CRWV](https://holderbook.com/stocks/CRWV/) | $59.7M | 697,210 | 0.8% | 3 |
| WIPRO LTD | [WIT](https://holderbook.com/stocks/WIT/) | $59.2M | 31,672,949 | 0.8% | 3 |
| MAXLINEAR INC | [MXL](https://holderbook.com/stocks/MXL/) | $57.4M | 511,031 | 0.8% | 3 |
| ON SEMICONDUCTOR CORP | [ON](https://holderbook.com/stocks/ON/) | $57.3M | 605,309 | 0.8% | 3 |
| ROCKET LAB CORP | [RKLB](https://holderbook.com/stocks/RKLB/) | $57.1M | 570,469 | 0.8% | 3 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $56.5M | 576,467 | 0.8% | 3 |
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $51.8M | 328,595 | 0.7% | 1 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $50.2M | 0 | 0.7% | 1 |
| BLOOM ENERGY CORP | [BE](https://holderbook.com/stocks/BE/) | $48.1M | 166,047 | 0.7% | 2 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $45.5M | 62,780 | 0.6% | 2 |
| AST SPACEMOBILE INC | [ASTS](https://holderbook.com/stocks/ASTS/) | $40.6M | 471,577 | 0.6% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $39.5M | 134,229 | 0.5% | 3 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $37.2M | 163,452 | 0.5% | 1 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $36.1M | 162,816 | 0.5% | 1 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $33.5M | 344,098 | 0.5% | 2 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $30.6M | 129,269 | 0.4% | 2 |
| REDWIRE CORPORATION | [RDW](https://holderbook.com/stocks/RDW/) | $23.0M | 1,922,416 | 0.3% | 2 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $21.7M | 82,187 | 0.3% | 3 |
| CREDO TECHNOLOGY GROUP HOLDI | [CRDO](https://holderbook.com/stocks/CRDO/) | $21.6M | 83,373 | 0.3% | 3 |
| PLANET LABS PBC | [PL](https://holderbook.com/stocks/PL/) | $20.3M | 642,298 | 0.3% | 2 |
| CEVA INC | [CEVA](https://holderbook.com/stocks/CEVA/) | $19.7M | 433,181 | 0.3% | 3 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $19.4M | 116,278 | 0.3% | 3 |
| EXTREME NETWORKS INC | [EXTR](https://holderbook.com/stocks/EXTR/) | $18.7M | 594,878 | 0.3% | 3 |
| DIGITALOCEAN HLDGS INC | [DOCN](https://holderbook.com/stocks/DOCN/) | $18.7M | 129,214 | 0.3% | 3 |
| MASTEC INC | [MTZ](https://holderbook.com/stocks/MTZ/) | $18.5M | 47,455 | 0.3% | 2 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $18.1M | 266,498 | 0.2% | 2 |
| XCEL ENERGY INC | [XEL](https://holderbook.com/stocks/XEL/) | $18.0M | 225,867 | 0.2% | 2 |
| NVENT ELEC PLC | [NVT](https://holderbook.com/stocks/NVT/) | $18.0M | 112,331 | 0.2% | 2 |
| UNUSUAL MACHS INC | [UMAC](https://holderbook.com/stocks/UMAC/) | $17.7M | 761,161 | 0.2% | 2 |
| HUBBELL INC | [HUBB](https://holderbook.com/stocks/HUBB/) | $17.6M | 35,991 | 0.2% | 2 |
| VISTRA CORP | [VST](https://holderbook.com/stocks/VST/) | $17.4M | 113,688 | 0.2% | 2 |
| STRATEGY INC | [MSTR](https://holderbook.com/stocks/MSTR/) | $17.4M | 0 | 0.2% | 2 |
| ECHOSTAR CORP | [ECHO](https://holderbook.com/stocks/ECHO/) | $17.0M | 168,765 | 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 | +38.4% | +14.8% | +23.6% | 100% |
| Q1 2026 | +0.9% | -4.6% | +5.5% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $7.4B | 387 |
| Q1 2026 | $7.0B | 365 |
| Q4 2025 | $3.1B | 119 |