Q1 2026 · 13F-HR
POTOMAC FUND MANAGEMENT INC /ADVholdings as filed
Filed 2026-05-14 · accession 0000826000-26-000005
$2.88B
Reported value
105
Positions
2026-03-31
Period end
The Brief · POTOMAC FUND MANAGEMENT INC /ADV · Q1 2026
AI · grounded in 13F
POTOMAC FUND MANAGEMENT INC /ADV closed its position in VOO, reducing exposure by $1.66B. The fund also exited positions in XBB and XCCC, selling $48.3M and $48.1M respectively. To offset these exits, the fund established new positions in PDBC for $29.1M and KMLM for $28.1M. Additionally, the fund accumulated shares of IVV, increasing its position by 196,476%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464287200 | IVV | ISHARES TR | $1.97B | 68.4% | 3,015,478 | Common | SOLE |
| 09789C788 | XHLF | BONDBLOXX ETF TRUST | $323.0M | 11.2% | 6,416,982 | Common | SOLE |
| 46436E718 | SGOV | ISHARES TR | $91.2M | 3.17% | 905,656 | Common | SOLE |
| 66538H591 | SECT | NORTHERN LTS FD TR IV | $50.3M | 1.75% | 832,467 | Common | NONE |
| 46090F100 | PDBC | INVESCO ACTVELY MNGD ETC FD | $29.1M | 1.01% | 1,682,529 | Common | SOLE |
| 53700T827 | DBMF | LITMAN GREGORY FDS TR | $28.5M | 0.99% | 945,021 | Common | SOLE |
| 500767652 | KMLM | KRANESHARES TRUST | $28.1M | 0.98% | 995,402 | Common | SOLE |
| 46141D203 | UUP | INVESCO DB US DLR INDEX TR | $28.0M | 0.97% | 1,007,882 | Common | SOLE |
| 97717W851 | DXJ | WISDOMTREE TR | $25.2M | 0.88% | 158,936 | Common | SOLE |
| 81369Y209 | XLV | SELECT SECTOR SPDR TR | $25.2M | 0.87% | 171,750 | Common | SOLE |
| 81369Y308 | XLP | SELECT SECTOR SPDR TR | $24.8M | 0.86% | 302,748 | Common | SOLE |
| 92204A504 | VHT | VANGUARD WORLD FD | $24.8M | 0.86% | 91,100 | Common | SOLE |
| 02072L433 | ROE | EA SERIES TRUST | $24.2M | 0.84% | 681,726 | Common | SOLE |
| 37954Y848 | SIL | GLOBAL X FDS | $16.1M | 0.56% | 179,200 | Common | SOLE |
| 92189F676 | SMH | VANECK ETF TRUST | $15.8M | 0.55% | 41,200 | Common | SOLE |
| 464287390 | ILF | ISHARES TR | $15.7M | 0.54% | 440,800 | Common | SOLE |
| 78464A755 | XME | SPDR SERIES TRUST | $15.6M | 0.54% | 144,400 | Common | SOLE |
| 464288760 | ITA | ISHARES TR | $15.5M | 0.54% | 70,900 | Common | SOLE |
| 464288877 | EFV | ISHARES TR | $15.3M | 0.53% | 206,400 | Common | SOLE |
| 81369Y506 | XLE | SELECT SECTOR SPDR TR | $14.7M | 0.51% | 240,300 | Common | SOLE |
| 66538H179 | BUYW | NORTHERN LTS FD TR IV | $10.0M | 0.35% | 713,576 | Common | NONE |
| 00791R830 | EDGF | ADVISORS INNER CIRCLE FD II | $7.9M | 0.28% | 320,716 | Common | NONE |
| 00791R822 | EDGH | ADVISORS INNER CIRCLE FD II | $2.7M | 0.09% | 78,761 | Common | NONE |
| 780259305 | SHEL | SHELL PLC | $2.5M | 0.09% | 26,868 | Common | NONE |
| 66538H278 | TMAT | NORTHERN LTS FD TR IV | $2.4M | 0.08% | 104,091 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $2.3M | 0.08% | 6,344 | Common | NONE |
| 78464A854 | SPYM | SPDR SERIES TRUST | $2.3M | 0.08% | 30,462 | Common | SOLE |
| 502431109 | LHX | L3HARRIS TECHNOLOGIES INC | $2.3M | 0.08% | 6,679 | Common | NONE |
| 375558103 | GILD | GILEAD SCIENCES INC | $2.3M | 0.08% | 16,210 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO | $2.1M | 0.07% | 6,993 | Common | NONE |
| G0593M107 | AZN | ASTRAZENECA PLC | $2.1M | 0.07% | 10,398 | Common | NONE |
| 949746101 | WMT2 | WELLS FARGO & CO | $2.0M | 0.07% | 24,750 | Common | NONE |
| 438516106 | HON | HONEYWELL INTL INC | $2.0M | 0.07% | 8,656 | Common | NONE |
| 580135101 | MCD | MCDONALDS CORP | $1.9M | 0.07% | 6,171 | Common | NONE |
| 742718109 | PG | PROCTER & GAMBLE CO | $1.7M | 0.06% | 11,706 | Common | NONE |
| 00791R798 | EDGU | ADVISORS INNER CIRCLE FD II | $1.7M | 0.06% | 60,145 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $1.7M | 0.06% | 5,063 | Common | NONE |
| 002824100 | ABT | ABBOTT LABORATORIES | $1.6M | 0.06% | 15,502 | Common | NONE |
| 20825C104 | COP | CONOCOPHILLIPS | $1.6M | 0.05% | 11,763 | Common | NONE |
| 20030N101 | CMCSA | COMCAST CORP NEW | $1.6M | 0.05% | 53,997 | Common | NONE |
| 902973304 | USB | US BANCORP | $1.5M | 0.05% | 28,315 | Common | NONE |
| 032654105 | ADI | ANALOG DEVICES INC | $1.4M | 0.05% | 4,554 | Common | NONE |
| 693475105 | PNC | PNC FINL SVCS GROUP INC | $1.4M | 0.05% | 6,939 | Common | NONE |
| 363576109 | AJG | GALLAGHER ARTHUR J & CO | $1.4M | 0.05% | 6,383 | Common | NONE |
| 29444U700 | EQIX | EQUINIX INC | $1.4M | 0.05% | 1,408 | Common | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $1.3M | 0.05% | 27,599 | Common | NONE |
| 74743L100 | Q | QNITY ELECTRONICS INC | $1.3M | 0.05% | 11,660 | Common | NONE |
| 713448108 | PEP | PEPSICO INC | $1.2M | 0.04% | 7,847 | Common | NONE |
| G87052109 | TEL | TE CONNECTIVITY PLC | $1.2M | 0.04% | 5,710 | Common | NONE |
| 26614N102 | DD | DUPONT DE NEMOURS INC | $1.2M | 0.04% | 25,748 | Common | NONE |
| 911312106 | UPS | UNITED PARCEL SVCS INC | $1.2M | 0.04% | 11,879 | Common | NONE |
| 94106L109 | WM | WASTE MGMT INC DEL | $1.1M | 0.04% | 4,611 | Common | NONE |
| 464287226 | AGG | ISHARES TR | $977,116 | 0.03% | 9,843 | Common | NONE |
| 00791R814 | EDGI | ADVISORS INNER CIRCLE FD II | $942,964 | 0.03% | 33,285 | Common | NONE |
| 166764100 | CVX | CHEVRON CORPORATION | $813,251 | 0.03% | 3,931 | Common | NONE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $800,894 | 0.03% | 12,498 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $775,227 | 0.03% | 3,171 | Common | NONE |
| 46434V860 | TFLO | ISHARES TR | $754,155 | 0.03% | 14,895 | Common | NONE |
| 46429B747 | STIP | ISHARES TR | $743,550 | 0.03% | 7,189 | Common | NONE |
| 83443Q103 | SOLS | SOLSTICE ADVANCED MATLS INC | $731,505 | 0.03% | 9,605 | Common | NONE |
| 816851109 | SRE | SEMPRA | $704,137 | 0.02% | 7,246 | Common | NONE |
| 922908736 | VUG | VANGUARD INDEX FDS | $698,277 | 0.02% | 1,599 | Common | NONE |
| 30034W106 | EVRG | EVERGY INC | $685,165 | 0.02% | 8,364 | Common | NONE |
| 595017104 | MCHP | MICROCHIP TECHNOLOGY INC. | $678,857 | 0.02% | 10,507 | Common | NONE |
| 75513E101 | RTX | RTX CORPORATION | $664,098 | 0.02% | 3,443 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $654,408 | 0.02% | 3,752 | Common | NONE |
| 277432100 | EMN | EASTMAN CHEM CO | $639,976 | 0.02% | 8,385 | Common | NONE |
| 532457108 | LLY | ELI LILLY & CO | $607,738 | 0.02% | 661 | Common | NONE |
| 11135F101 | AVGO | BROADCOM INC | $601,187 | 0.02% | 1,942 | Common | NONE |
| 747525103 | QCOM | QUALCOMM INC | $597,265 | 0.02% | 4,638 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $587,113 | 0.02% | 2,819 | Common | NONE |
| 81762P102 | NOW | SERVICENOW INC | $574,398 | 0.02% | 5,494 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $571,739 | 0.02% | 1,993 | Common | NONE |
| 464288661 | IEI | ISHARES TR | $570,954 | 0.02% | 4,814 | Common | NONE |
| 92206C771 | VMBS | VANGUARD SCOTTSDALE FDS | $564,222 | 0.02% | 12,018 | Common | NONE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $552,841 | 0.02% | 1,106 | Common | NONE |
| 68389X105 | ORCL | ORACLE CORP | $544,430 | 0.02% | 3,701 | Common | NONE |
| 922908744 | VTV | VANGUARD INDEX FDS | $537,384 | 0.02% | 2,739 | Common | NONE |
| 82509L107 | SHOP | SHOPIFY INC | $534,620 | 0.02% | 4,507 | Common | NONE |
| 92826C839 | V | VISA INC | $525,311 | 0.02% | 1,738 | Common | NONE |
| 64110W102 | NTES | NETEASE COM INC | $510,387 | 0.02% | 4,559 | Common | NONE |
| 464285204 | IAU | ISHARES GOLD TR | $490,699 | 0.02% | 5,566 | Common | NONE |
| 46435U549 | EAGG | ISHARES TR | $490,347 | 0.02% | 10,312 | Common | NONE |
| 464287457 | SHY | ISHARES TR | $483,185 | 0.02% | 5,852 | Common | NONE |
| 92203J407 | BNDX | VANGUARD CHARLOTTE FDS | $468,912 | 0.02% | 9,759 | Common | NONE |
| 921937827 | BSV | VANGUARD BD INDEX FDS | $446,028 | 0.02% | 5,688 | Common | NONE |
| 233051143 | SNPE | DBX ETF TR | $427,421 | 0.01% | 7,178 | Common | NONE |
| 22160N109 | CSGP | COSTAR GROUP INC | $378,672 | 0.01% | 9,387 | Common | NONE |
| 98978V103 | ZTS | ZOETIS INC | $375,446 | 0.01% | 3,176 | Common | NONE |
| 55354G100 | MSCI | MSCI INC | $360,651 | 0.01% | 669 | Common | NONE |
| 922042858 | VWO | VANGUARD INTL EQUITY INDEX F | $327,614 | 0.01% | 6,061 | Common | NONE |
| 855244109 | SBUX | STARBUCKS CORP | $327,163 | 0.01% | 3,652 | Common | NONE |
| 464287507 | IJH | ISHARES TR | $310,013 | 0.01% | 4,591 | Common | NONE |
| G0403H108 | AON | AON PLC | $295,792 | 0.01% | 916 | Common | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $290,022 | 0.01% | 502 | Common | NONE |
| 45168D104 | IDXX | IDEXX LABS INC | $286,564 | 0.01% | 510 | Common | NONE |
| 464287804 | IJR | ISHARES TR | $274,388 | 0.01% | 2,207 | Common | NONE |
| 46120E602 | ISRG | INTUITIVE SURGICAL INC | $230,034 | 0.01% | 499 | Common | NONE |
| 81369Y605 | XLF | SELECT SECTOR SPDR TR | $222,016 | 0.01% | 4,497 | Common | NONE |
| 009066101 | ABNB | AIRBNB INC | $219,222 | 0.01% | 1,736 | Common | NONE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $216,567 | 0.01% | 1,092 | Common | NONE |
| 871607107 | SNPS | SYNOPSYS INC | $212,513 | 0.01% | 536 | Common | NONE |
| 921937819 | BIV | VANGUARD BD INDEX FDS | $211,246 | 0.01% | 2,737 | Common | NONE |
| 921937793 | BLV | VANGUARD BD INDEX FDS | $206,846 | 0.01% | 3,007 | Common | NONE |
| 140475203 | SNDA | SONIDA SENIOR LIVING INC | $205,981 | 0.01% | 6,387 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.