# Hansen & Associates Financial Group, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1873973. Source: https://holderbook.com/funds/1873973-hansen-associates-financial-group-inc/

- Reported value: $174.5M
- Positions: 45
- Weight of the ten largest: 70.3%
- Filed: 2026-07-20

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 | [SHV](https://holderbook.com/stocks/SHV/) | $47.1M | 427,909 | 27.0% | 11 |
| FIRST TR EXCHANGE-TRADED FD | [FTSM](https://holderbook.com/stocks/FTSM/) | $38.3M | 639,953 | 21.9% | 2 |
| PROSHARES TR II | [VIXM](https://holderbook.com/stocks/VIXM/) | $11.3M | 789,707 | 6.5% | 4 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $5.6M | 30,498 | 3.2% | 4 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $3.9M | 73,290 | 2.2% | 4 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $3.8M | 5,249 | 2.2% | 4 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $3.7M | 4,872 | 2.1% | 4 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $3.6M | 9,771 | 2.1% | 4 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $2.7M | 23,238 | 1.6% | 4 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $2.7M | 12,210 | 1.5% | 4 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $2.7M | 8,282 | 1.5% | 4 |
| INVESCO EXCH TRADED FD TR II | [SPLV](https://holderbook.com/stocks/SPLV/) | $2.7M | 34,871 | 1.5% | 4 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $2.6M | 26,847 | 1.5% | 4 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $2.6M | 6,852 | 1.5% | 4 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.6M | 7,025 | 1.5% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.4M | 12,404 | 1.4% | 5 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $2.4M | 14,730 | 1.4% | 4 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $2.3M | 12,227 | 1.3% | 4 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.3M | 7,209 | 1.3% | 4 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $2.2M | 40,076 | 1.3% | 4 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $2.1M | 25,494 | 1.2% | 4 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $2.1M | 21,413 | 1.2% | 4 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $2.1M | 45,927 | 1.2% | 4 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.1M | 8,520 | 1.2% | 4 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.0M | 5,232 | 1.2% | 5 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $1.5M | 14,065 | 0.9% | 5 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.5M | 3,486 | 0.8% | 4 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $1.4M | 20,033 | 0.8% | 4 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.4M | 2,345 | 0.8% | 4 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $1.3M | 16,544 | 0.7% | 5 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.2M | 3,290 | 0.7% | 5 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.1M | 3,199 | 0.7% | 5 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.1M | 945 | 0.7% | 4 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.0M | 1,953 | 0.6% | 5 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $834.0K | 878 | 0.5% | 5 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $791.1K | 11,707 | 0.5% | 5 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $765.7K | 5,216 | 0.4% | 4 |
| INVESCO EXCHANGE TRADED FD T | [XMHQ](https://holderbook.com/stocks/XMHQ/) | $716.8K | 6,251 | 0.4% | 2 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $495.7K | 1,186 | 0.3% | 1 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $336.8K | 610 | 0.2% | 1 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $289.8K | 3,282 | 0.2% | 1 |
| COLLABORATIVE INVESTMNT SER | [SPCK](https://holderbook.com/stocks/SPCK/) | $236.0K | 1,471 | 0.1% | 1 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $233.3K | 516 | 0.1% | 1 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $210.9K | 1,591 | 0.1% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $205.4K | 560 | 0.1% | 4 |

## 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 | +0.1% | +14.8% | -14.8% | 100% |
| Q1 2026 | -0.5% | -4.6% | +4.2% | 85% |
| Q4 2025 | +0.5% | +2.4% | -1.9% | 82% |
| Q3 2025 | +0.8% | +7.8% | -7.0% | 100% |
| Q1 2025 | -0.7% | -4.6% | +3.8% | 94% |
| Q4 2024 | -0.6% | +2.1% | -2.7% | 100% |
| Q3 2024 | +0.6% | +5.4% | -4.8% | 99% |
| Q2 2024 | +0.3% | +4.0% | -3.7% | 101% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $174.5M | 45 |
| Q1 2026 | $185.8M | 42 |
| Q4 2025 | $183.0M | 46 |
| Q3 2025 | $238.8M | 43 |
| Q2 2025 | $184.2M | 15 |
| Q1 2025 | $186.4M | 3 |
| Q4 2024 | $196.3M | 19 |
| Q3 2024 | $189.4M | 15 |
| Q2 2024 | $189.1M | 14 |
| Q1 2024 | $174.7M | 15 |
| Q4 2023 | $191.1M | 13 |