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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 2 of 12  ·  235 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 GDX VANECK ETF TRUST 32,318.0 $2.8M 1.43% +3K +10.2% $85.77 +0.3%
22 AMZN AMAZON COM INC Consumer Cyclical 11,455.0 $2.6M 1.36% -386.0 -3.3% $230.82 +16.3%
23 CIBR FIRST TR EXCHANGE TRADED FD 36,927.0 $2.6M 1.36% -2K -4.4% $71.45 +15.0%
24 FEZ SPDR INDEX SHS FDS 39,464.0 $2.5M 1.31% -15K -27.1% $64.39 +4.8%
25 IBDT ISHARES TR 93,268.0 $2.4M 1.23% $25.46 -0.9%
26 SHY ISHARES TR 24,548.0 $2.0M 1.05% +159.0 +0.7% $82.82 -0.8%
27 IBDV ISHARES TR 87,762.0 $1.9M 1.00% +13K +16.7% $22.07 -1.4%
28 EFA ISHARES TR 19,699.0 $1.9M 0.98% +480.0 +2.5% $96.03 +8.5%
29 QLTA ISHARES TR 38,309.0 $1.8M 0.95% -863.0 -2.2% $48.09 -1.8%
30 EWL ISHARES INC 29,095.0 $1.7M 0.90% +8K +36.5% $59.96 +4.8%
31 VSGX VANGUARD WORLD FD 23,684.0 $1.7M 0.88% NEW $71.62 +12.0%
32 CWB SPDR SERIES TRUST 14,651.0 $1.3M 0.68% +670.0 +4.8% $89.20 +18.1%
33 EMB ISHARES TR 12,937.0 $1.2M 0.64% +1K +9.9% $96.28 -1.3%
34 AAPL APPLE INC Technology 4,542.0 $1.2M 0.64% -220.0 -4.6% $271.86 +12.2%
35 GOOG ALPHABET INC Communication Services 3,447.0 $1.1M 0.56% $313.80 +22.2%
36 PSP INVESCO EXCHANGE TRADED FD T 15,906.0 $1.1M 0.55% -516.0 -3.1% $67.07 -9.3%
37 RNRG GLOBAL X FDS 31,504.0 $1.0M 0.54% $33.23 +14.7%
38 VGT VANGUARD WORLD FD 1,350.0 $1.0M 0.53% $753.78 -84.8%
39 GOOGL ALPHABET INC Communication Services 2,413.0 $755K 0.39% +81.0 +3.5% $313.00 +23.9%
40 SCHF SCHWAB STRATEGIC TR 31,104.0 $748K 0.39% $24.04 +13.8%
Page 2 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%