# SWP FINANCIAL LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2014200. Source: https://holderbook.com/funds/2014200-swp-financial-llc/

- Reported value: $216.2M
- Positions: 78
- Weight of the ten largest: 59.2%
- Filed: 2026-07-24

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/) | $35.3M | 47,201 | 16.3% | 11 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $16.8M | 77,089 | 7.8% | 11 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $15.7M | 182,247 | 7.3% | 11 |
| ISHARES TR | [IUSB](https://holderbook.com/stocks/IUSB/) | $13.8M | 298,965 | 6.4% | 9 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $10.4M | 36,072 | 4.8% | 11 |
| BLACKROCK ETF TRUST | [DYNF](https://holderbook.com/stocks/DYNF/) | $9.6M | 141,250 | 4.4% | 7 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $8.7M | 380,597 | 4.0% | 7 |
| BLACKROCK ETF TRUST | [CORO](https://holderbook.com/stocks/CORO/) | $6.0M | 163,833 | 2.8% | 2 |
| VANGUARD SCOTTSDALE FDS | [VMBS](https://holderbook.com/stocks/VMBS/) | $5.9M | 125,850 | 2.7% | 7 |
| BLACKROCK ETF TRUST II | [BRTR](https://holderbook.com/stocks/BRTR/) | $5.8M | 116,173 | 2.7% | 7 |
| BLACKROCK ETF TRUST | [BAI](https://holderbook.com/stocks/BAI/) | $4.7M | 88,631 | 2.2% | 5 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $4.4M | 32,338 | 2.1% | 11 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $4.2M | 12,132 | 1.9% | 11 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $3.5M | 10,288 | 1.6% | 7 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $3.4M | 35,460 | 1.6% | 11 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $3.3M | 43,278 | 1.5% | 11 |
| BLACKROCK ETF TRUST | [BLCR](https://holderbook.com/stocks/BLCR/) | $3.3M | 66,175 | 1.5% | 2 |
| GLOBAL X FDS | [SHLD](https://holderbook.com/stocks/SHLD/) | $3.3M | 55,023 | 1.5% | 4 |
| ISHARES TR | [TLH](https://holderbook.com/stocks/TLH/) | $3.3M | 32,388 | 1.5% | 6 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $3.2M | 39,538 | 1.5% | 11 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $3.1M | 13,548 | 1.4% | 11 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $2.9M | 34,529 | 1.3% | 11 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $2.8M | 9,300 | 1.3% | 11 |
| BLACKROCK ETF TRUST | [IALT](https://holderbook.com/stocks/IALT/) | $2.8M | 100,281 | 1.3% | 1 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $2.8M | 57,688 | 1.3% | 5 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $2.8M | 46,545 | 1.3% | 8 |
| BLACKROCK ETF TRUST | [THRO](https://holderbook.com/stocks/THRO/) | $2.6M | 59,877 | 1.2% | 5 |
| BLACKROCK ETF TRUST II | [BINC](https://holderbook.com/stocks/BINC/) | $2.6M | 48,932 | 1.2% | 7 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $2.5M | 16,957 | 1.2% | 11 |
| ISHARES TR | [SYSB](https://holderbook.com/stocks/SYSB/) | $2.4M | 27,169 | 1.1% | 3 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $1.4M | 15,325 | 0.7% | 11 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $1.3M | 13,116 | 0.6% | 1 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $1.1M | 5,083 | 0.5% | 8 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $1.1M | 6,991 | 0.5% | 11 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $1.1M | 20,050 | 0.5% | 11 |
| ISHARES TR | [ICVT](https://holderbook.com/stocks/ICVT/) | $919.3K | 7,551 | 0.4% | 7 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $892.5K | 7,173 | 0.4% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $882.5K | 1,764 | 0.4% | 11 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $862.0K | 1,530 | 0.4% | 11 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $823.8K | 4,458 | 0.4% | 11 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $823.6K | 15,490 | 0.4% | 11 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $751.4K | 9,816 | 0.3% | 7 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $717.3K | 9,500 | 0.3% | 7 |
| HALOZYME THERAPEUTICS INC | [HALO](https://holderbook.com/stocks/HALO/) | $598.9K | 7,652 | 0.3% | 7 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $580.9K | 5,869 | 0.3% | 11 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $489.0K | 1,368 | 0.2% | 5 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $483.0K | 2,414 | 0.2% | 5 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $460.1K | 6,458 | 0.2% | 11 |
| TRIMBLE INC | [TRMB](https://holderbook.com/stocks/TRMB/) | $456.2K | 8,913 | 0.2% | 10 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $443.9K | 1,068 | 0.2% | 11 |
| ISHARES TR | [SUSA](https://holderbook.com/stocks/SUSA/) | $412.6K | 2,674 | 0.2% | 11 |
| TETRA TECH INC NEW | [TTEK](https://holderbook.com/stocks/TTEK/) | $399.9K | 13,842 | 0.2% | 11 |
| ISHARES TR | [AOA](https://holderbook.com/stocks/AOA/) | $395.4K | 4,051 | 0.2% | 11 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $384.2K | 1,030 | 0.2% | 11 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $357.9K | 1,093 | 0.2% | 10 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $353.0K | 999 | 0.2% | 4 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $334.7K | 2,800 | 0.2% | 4 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $324.4K | 4,057 | 0.2% | 11 |
| HEWLETT PACKARD ENTERPRISE C | [HPE](https://holderbook.com/stocks/HPE/) | $321.5K | 7,127 | 0.1% | 1 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $303.4K | 763 | 0.1% | 11 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $296.0K | 1,159 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $287.5K | 777 | 0.1% | 11 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $287.5K | 3,749 | 0.1% | 5 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $287.2K | 3,912 | 0.1% | 5 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $283.7K | 801 | 0.1% | 11 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $282.2K | 302 | 0.1% | 11 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $275.0K | 3,852 | 0.1% | 10 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $269.8K | 1,132 | 0.1% | 1 |
| ISHARES TR | [IJJ](https://holderbook.com/stocks/IJJ/) | $255.3K | 1,728 | 0.1% | 8 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $247.7K | 1,690 | 0.1% | 11 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $243.3K | 2,963 | 0.1% | 6 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $235.7K | 3,097 | 0.1% | 1 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $234.1K | 779 | 0.1% | 2 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $231.6K | 2,802 | 0.1% | 7 |
| ISHARES TR | [EAGG](https://holderbook.com/stocks/EAGG/) | $228.4K | 4,818 | 0.1% | 6 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $224.8K | 734 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $214.3K | 312 | 0.1% | 1 |
| QUANTUMSCAPE CORP | [QS](https://holderbook.com/stocks/QS/) | $75.6K | 10,000 | 0.0% | 5 |

## 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 | +11.1% | +14.8% | -3.8% | 100% |
| Q1 2026 | -2.7% | -4.6% | +2.0% | 100% |
| Q4 2025 | +1.3% | +2.4% | -1.1% | 100% |
| Q3 2025 | +6.8% | +7.8% | -1.0% | 100% |
| Q2 2025 | +6.8% | +10.5% | -3.6% | 100% |
| Q1 2025 | -2.7% | -4.6% | +1.9% | 100% |
| Q4 2024 | -0.6% | +2.1% | -2.7% | 100% |
| Q3 2024 | +6.0% | +5.4% | +0.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $216.2M | 78 |
| Q1 2026 | $196.1M | 71 |
| Q4 2025 | $199.3M | 73 |
| Q3 2025 | $196.4M | 74 |
| Q2 2025 | $182.0M | 75 |
| Q1 2025 | $163.7M | 63 |
| Q4 2024 | $165.8M | 67 |
| Q3 2024 | $163.9M | 55 |
| Q2 2024 | $151.3M | 50 |
| Q1 2024 | $142.8M | 48 |
| Q4 2023 | $128.9M | 44 |