# TICINO WEALTH

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2105416. Source: https://holderbook.com/funds/2105416-ticino-wealth/

- Reported value: $317.1M
- Positions: 135
- Weight of the ten largest: 31.2%
- 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 |
|---|---|---|---|---|---|
| SCORPIO TANKERS INC | [STNG](https://holderbook.com/stocks/STNG/) | $12.6M | 182,570 | 4.0% | 3 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $12.2M | 233,447 | 3.9% | 3 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $11.6M | 15,468 | 3.7% | 3 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $10.8M | 203,319 | 3.4% | 3 |
| GOLDMAN SACHS ETF TR | [GSLC](https://holderbook.com/stocks/GSLC/) | $10.6M | 74,524 | 3.3% | 3 |
| ARDMORE SHIPPING CORP | [ASC](https://holderbook.com/stocks/ASC/) | $10.0M | 714,735 | 3.2% | 3 |
| PROSHARES TR | [NOBL](https://holderbook.com/stocks/NOBL/) | $8.0M | 143,226 | 2.5% | 3 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $7.8M | 96,948 | 2.5% | 3 |
| ISHARES TR | [IWS](https://holderbook.com/stocks/IWS/) | $7.6M | 46,411 | 2.4% | 3 |
| COHERENT CORP | [COHR](https://holderbook.com/stocks/COHR/) | $7.4M | 18,834 | 2.3% | 3 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $7.2M | 48,978 | 2.3% | 3 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $6.9M | 17,357 | 2.2% | 3 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $6.4M | 54,252 | 2.0% | 3 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $5.8M | 19,343 | 1.8% | 3 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $5.1M | 24,077 | 1.6% | 3 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $5.0M | 65,404 | 1.6% | 3 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $4.9M | 25,793 | 1.5% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.8M | 16,456 | 1.5% | 3 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $4.6M | 4,318 | 1.5% | 3 |
| ARES CAPITAL CORP | [ARCC](https://holderbook.com/stocks/ARCC/) | $4.5M | 243,855 | 1.4% | 3 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $4.4M | 17,429 | 1.4% | 3 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $4.4M | 26,288 | 1.4% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $4.3M | 13,207 | 1.4% | 3 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $4.0M | 73,811 | 1.2% | 3 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $3.6M | 36,842 | 1.1% | 3 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $3.5M | 15,919 | 1.1% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.5M | 9,418 | 1.1% | 3 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $3.5M | 8,887 | 1.1% | 3 |
| ONTO INNOVATION INC | [ONTO](https://holderbook.com/stocks/ONTO/) | $3.4M | 8,992 | 1.1% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $3.3M | 55,640 | 1.0% | 3 |
| VANGUARD SCOTTSDALE FDS | [VTWO](https://holderbook.com/stocks/VTWO/) | $2.9M | 23,802 | 0.9% | 3 |
| MEDICAL PROPERTIES TRUST INC | [MPT](https://holderbook.com/stocks/MPT/) | $2.9M | 622,082 | 0.9% | 3 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $2.9M | 10,547 | 0.9% | 3 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $2.8M | 10,521 | 0.9% | 3 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $2.8M | 7,598 | 0.9% | 3 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $2.8M | 9,782 | 0.9% | 3 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $2.7M | 14,487 | 0.8% | 3 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.7M | 7,067 | 0.8% | 3 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $2.6M | 31,655 | 0.8% | 3 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $2.5M | 13,015 | 0.8% | 3 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $2.4M | 7,050 | 0.8% | 3 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $2.3M | 2,995 | 0.7% | 3 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $2.3M | 33,299 | 0.7% | 3 |
| MP MATERIALS CORP | [MP](https://holderbook.com/stocks/MP/) | $2.3M | 40,485 | 0.7% | 3 |
| ISHARES TR | [SHYG](https://holderbook.com/stocks/SHYG/) | $2.3M | 53,166 | 0.7% | 3 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $2.1M | 2,950 | 0.7% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.1M | 10,635 | 0.7% | 3 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $2.0M | 18,649 | 0.6% | 2 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $1.9M | 16,058 | 0.6% | 3 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $1.9M | 10,268 | 0.6% | 3 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $1.8M | 8,353 | 0.6% | 3 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $1.8M | 15,594 | 0.6% | 2 |
| PPG INDS INC | [PPG](https://holderbook.com/stocks/PPG/) | $1.8M | 14,480 | 0.6% | 3 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.8M | 11,951 | 0.6% | 3 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $1.7M | 10,308 | 0.5% | 3 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $1.7M | 1,805 | 0.5% | 3 |
| FIRST TR EXCHANGE-TRADED FD | [TDIV](https://holderbook.com/stocks/TDIV/) | $1.6M | 13,946 | 0.5% | 3 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $1.5M | 4,071 | 0.5% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.5M | 1,604 | 0.5% | 3 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.5M | 8,953 | 0.5% | 3 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $1.4M | 31,954 | 0.5% | 3 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $1.4M | 3,958 | 0.4% | 3 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $1.3M | 5,391 | 0.4% | 3 |
| INGERSOLL RAND INC | [IR](https://holderbook.com/stocks/IR/) | $1.3M | 16,002 | 0.4% | 3 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $1.3M | 14,416 | 0.4% | 3 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $1.2M | 8,288 | 0.4% | 3 |
| TAKE-TWO INTERACTIVE SOFTWAR | [TTWO](https://holderbook.com/stocks/TTWO/) | $1.2M | 4,723 | 0.4% | 3 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $1.2M | 11,846 | 0.4% | 3 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $1.2M | 2,801 | 0.4% | 1 |
| WW GRAINGER INC | [GWW](https://holderbook.com/stocks/GWW/) | $1.2M | 852 | 0.4% | 3 |
| RIGETTI COMPUTING INC | [RGTI](https://holderbook.com/stocks/RGTI/) | $1.2M | 59,916 | 0.4% | 3 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $1.1M | 7,025 | 0.4% | 3 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $1.1M | 5,061 | 0.4% | 1 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.1M | 4,457 | 0.4% | 3 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $1.1M | 5,061 | 0.4% | 1 |
| IONQ INC | [IONQ](https://holderbook.com/stocks/IONQ/) | $1.1M | 20,998 | 0.4% | 3 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $1.1M | 8,998 | 0.3% | 3 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $1.1M | 15,365 | 0.3% | 3 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.1M | 1,892 | 0.3% | 3 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $1.1M | 4,629 | 0.3% | 3 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $1.1M | 3,090 | 0.3% | 3 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.0M | 2,964 | 0.3% | 3 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $1.0M | 13,345 | 0.3% | 3 |
| TAPESTRY INC | [TPR](https://holderbook.com/stocks/TPR/) | $1.0M | 7,022 | 0.3% | 3 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $1.0M | 5,266 | 0.3% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.0M | 1,960 | 0.3% | 3 |
| RALPH LAUREN CORP | [RL](https://holderbook.com/stocks/RL/) | $991.9K | 2,471 | 0.3% | 3 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $987.6K | 2,425 | 0.3% | 3 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $983.1K | 19,340 | 0.3% | 1 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $979.9K | 7,756 | 0.3% | 3 |
| TRACTOR SUPPLY CO | [TSCO](https://holderbook.com/stocks/TSCO/) | $974.1K | 30,816 | 0.3% | 3 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $945.5K | 3,147 | 0.3% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $916.4K | 764 | 0.3% | 3 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $891.3K | 10,967 | 0.3% | 3 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $889.7K | 3,271 | 0.3% | 3 |
| WORKDAY INC | [WDAY](https://holderbook.com/stocks/WDAY/) | $880.2K | 7,190 | 0.3% | 3 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $795.4K | 8,676 | 0.3% | 1 |
| WILLIS TOWERS WATSON PLC LTD | [WTW](https://holderbook.com/stocks/WTW/) | $788.8K | 3,018 | 0.2% | 3 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $771.1K | 2,263 | 0.2% | 3 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $761.8K | 8,272 | 0.2% | 3 |

## 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 | +10.5% | +14.8% | -4.4% | 92% |
| Q1 2026 | +3.5% | -4.6% | +8.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $317.1M | 135 |
| Q1 2026 | $287.7M | 138 |
| Q4 2025 | $269.8M | 139 |