Institutional
Ciovacco Capital Management LLC
CIK 0001653012
$171.5M
Reported AUM
28
Positions
Q1 2026
Period
2026-05-11
Filed
The Brief · Ciovacco Capital Management LLC · Q1 2026
AI · grounded in 13F
Ciovacco Capital Management LLC closed its position in SCHG, reducing its exposure by $3.48M. The fund also exited its position in XLF for $2.18M and trimmed its holdings in SPYM by 76.72%. To offset these sells, the fund established new positions in FNDF for $2.25M and ITA for $2.08M. Additionally, the manager increased its stake in GLD by 27.06%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | VOO | VANGUARD INDEX FDS | $678.00 | -2.59% | 24.60% | 80.00% | $68.6M | 40.02% | −3,943 | −3.3% |
| 2 | SPYG | SPDR SERIES TRUST | $117.75 | 1.03% | 28.20% | 85.39% | $21.2M | 12.34% | −1,885 | −0.9% |
| 3 | SPY | STATE STR SPDR S&P 500 ETF T | $737.55 | -2.58% | 24.51% | 79.50% | $18.7M | 10.88% | −11,185 | −28.0% |
| 4 | QQQ | INVESCO QQQ TR | $705.06 | -4.80% | 33.69% | 99.06% | $12.2M | 7.11% | −1,247 | −5.6% |
| 5 | XLC | SELECT SECTOR SPDR TR | $111.67 | -1.27% | 9.01% | 42.30% | $6.3M | 3.69% | −1,165 | −2.0% |
| 6 | GLD | SPDR GOLD TR | $396.24 | -3.65% | 29.84% | 133.33% | $5.8M | 3.38% | +2,866 | +27.1% |
| 7 | VUG | VANGUARD INDEX FDS | $85.93 | -3.62% | 22.71% | 78.84% | $5.2M | 3.03% | −93 | −0.8% |
| 8 | IYW | ISHARES TR | $241.25 | -5.92% | 47.74% | 137.65% | $4.7M | 2.72% | −15,888 | −38.2% |
| 9 | VGT | VANGUARD WORLD FD | $115.28 | -6.14% | 47.86% | 130.97% | $4.0M | 2.32% | −49 | −0.9% |
| 10 | XLK | SELECT SECTOR SPDR TR | $180.30 | -6.66% | 52.15% | 143.77% | $3.9M | 2.26% | +1,823 | +6.7% |
| 11 | SMH | VANECK ETF TRUST | $569.69 | -9.22% | 126.12% | 346.26% | $3.7M | 2.14% | +188 | +2.0% |
| 12 | FTEC | FIDELITY COVINGTON TRUST | $280.71 | 1.96% | 48.34% | 133.49% | $2.7M | 1.60% | −132 | −1.0% |
| 13 | RSP | INVESCO EXCHANGE TRADED FD T | $207.83 | -1.42% | 18.26% | 47.36% | $2.5M | 1.43% | −156 | −1.2% |
| 14 | FNDF | SCHWAB STRATEGIC TR | $52.60 | -3.82% | 37.99% | 88.41% | $2.2M | 1.31% | +45,897 | NEW |
| 15 | ITA | ISHARES TR | $229.45 | -0.92% | 26.77% | 121.06% | $2.1M | 1.21% | +9,500 | NEW |
| 16 | SPYM | SPDR SERIES TRUST | $86.81 | -2.58% | 24.60% | 80.04% | $1.3M | 0.79% | −58,042 | −76.7% |
| 17 | XME | SPDR SERIES TRUST | $118.60 | -7.81% | 84.93% | 175.51% | $1.3M | 0.78% | +12,460 | NEW |
| 18 | ONEQ | FIDELITY COMWLTH TR | $102.53 | 1.21% | 32.49% | 83.66% | $973K | 0.57% | −3,307 | −22.4% |
| 19 | XLI | SELECT SECTOR SPDR TR | $174.18 | -1.12% | 21.80% | 81.29% | $888K | 0.52% | −27 | −0.5% |
| 20 | NVDA | NVIDIA CORPORATION | $205.10 | -6.20% | 44.92% | 955.49% | $861K | 0.50% | — | HELD |
| 21 | AIQ | GLOBAL X FDS | $62.52 | -8.15% | 50.52% | 107.75% | $586K | 0.34% | +12,564 | NEW |
| 22 | DTCR | GLOBAL X FDS | $30.64 | -5.52% | 71.75% | 90.36% | $494K | 0.29% | +20,604 | NEW |
| 23 | IVV | ISHARES TR | $740.91 | -2.62% | 24.60% | 80.03% | $300K | 0.17% | — | HELD |
| 24 | GOOGL | ALPHABET INC | $368.53 | -0.98% | 112.92% | 175.80% | $275K | 0.16% | — | HELD |
| 25 | AAPL | APPLE INC | $307.34 | -1.25% | 51.31% | 116.17% | $252K | 0.15% | — | HELD |
| 26 | GRW | TCW ETF TRUST | $31.08 | -2.04% | -7.63% | 2.21% | $235K | 0.14% | — | HELD |
| 27 | GEV | GE VERNOVA INC | $933.61 | -3.09% | 92.92% | 509.64% | $212K | 0.12% | +243 | NEW |
| 28 | IVVD | INVIVYD INC | $1.03 | -7.21% | 4.15% | -97.56% | $36K | 0.02% | +27,932 | NEW |
| 29 | SCHG | SCHWAB STRATEGIC TR | $33.75 | -2.99% | 20.65% | 83.05% | — | — | −106,782 | EXITED |
| 30 | XLF | SELECT SECTOR SPDR TR | $52.30 | 0.21% | 3.56% | 55.63% | — | — | −39,891 | EXITED |
| 31 | IWY | ISHARES TR | $288.04 | -3.23% | — | — | — | — | −6,916 | EXITED |
| 32 | AMZN | AMAZON COM INC | $246.03 | -3.06% | — | — | — | — | −1,400 | EXITED |
| 33 | GRNY | TIDAL TRUST I | $27.17 | 1.00% | — | — | — | — | −12,362 | EXITED |
| 34 | GOSS | GOSSAMER BIO INC | $0.17 | -5.54% | — | — | — | — | −10,204 | EXITED |
Source: SEC EDGAR · accession 0001653012-26-000002. 13F discloses long positions only — shorts, foreign equities, and options are excluded.