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Portfolio (Quarterly) Guide ↗

LFA - Lugano Financial Advisors SA

· CIK 0001737871
13F Portfolio $194M AUM 235 positions Filed Jan 29, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 14 New 39 Added 22 Reduced 8 Exited
Page 1 of 12  ·  235 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 SPY SPDR S&P 500 ETF TR Financial Services 38,944.0 $26.6M 13.71% -1K -3.5% $681.92 +8.9%
2 ESGD ISHARES TR 229,552.0 $21.8M 11.27% $95.09 +8.2%
3 GLD SPDR GOLD TR Financial Services 31,384.0 $12.4M 6.42% +746.0 +2.4% $396.31 +5.2%
4 SUSB ISHARES TR 457,113.0 $11.5M 5.96% $25.24 -1.2%
5 FNDE SCHWAB STRATEGIC TR 213,157.0 $7.7M 3.97% $36.06 +12.1%
6 VWOB VANGUARD WHITEHALL FDS 76,896.0 $5.2M 2.68% $67.43 -1.8%
7 IGIB ISHARES TR 91,298.0 $4.9M 2.54% +2K +2.6% $53.88 -1.9%
8 FIRST TR EXCH TRADED FD III 59,301.0 $4.2M 2.17% -2K -3.9% $70.99
9 SDVY FIRST TR EXCHANGE-TRADED FD 106,958.0 $4.1M 2.12% -13K -10.6% $38.32 +7.9%
10 SPDR SERIES TRUST 125,422.0 $4.0M 2.08% +635.0 +0.5% $32.11
11 VCSH VANGUARD SCOTTSDALE FDS 50,020.0 $4.0M 2.06% $79.73 -1.0%
12 IBDU ISHARES TR 151,513.0 $3.5M 1.83% -6K -3.5% $23.41 -1.1%
13 SGOV ISHARES TR 35,061.0 $3.5M 1.82% -5K -12.8% $100.38 +0.2%
14 TLH ISHARES TR 33,915.0 $3.4M 1.78% +390.0 +1.2% $101.67 -3.3%
15 QAI NEW YORK LIFE INVESTMENTS ET 99,176.0 $3.3M 1.72% -8K -7.5% $33.51 +7.6%
16 VGIT VANGUARD SCOTTSDALE FDS 54,042.0 $3.2M 1.67% -2K -4.4% $59.93 -2.0%
17 SJNK SPDR SERIES TRUST 123,784.0 $3.1M 1.62% +4K +3.5% $25.32 -1.2%
18 MSFT MICROSOFT CORP Technology 6,378.0 $3.1M 1.59% $483.62 -13.3%
19 QQQ INVESCO QQQ TR Financial Services 4,637.0 $2.8M 1.47% $614.31 +16.3%
20 IEF ISHARES TR 28,863.0 $2.8M 1.43% $96.16 -2.5%
Page 1 of 12  ·  235 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 73.9%
Technology 10.0%
Consumer Cyclical 6.1%
Communication Services 3.8%
Healthcare 2.2%
Industrials 1.8%
Consumer Defensive 1.3%
Utilities 0.4%
Energy 0.4%
Basic Materials 0.0%