Mader & Shannon Wealth Management, Inc. Quant / Systematic

Location: Kansas City, MO

CIK: 0001535862 · Show all filings

Period: Q3 2026 (← Previous)

Filing Date: Nov 2, 2026

Total Value: $241M (100.0% shares, 0.0% debt)

Holdings (26)

New Positions (5)

TIP ISHARES TR 11.4%

Value $27.35M Shares 262,859 Share Price $104.04 Est. Cost/Share $106.91 Unrealized @ Report Date -2.7%

FLOT ISHARES TR 5.7%

Value $13.81M Shares 270,581 Share Price $51.05 Est. Cost/Share $50.98 Unrealized @ Report Date +0.1%

VCSH VANGUARD SCOTTSDALE FDS 3.9%

Value $9.487M Shares 122,804 Share Price $77.25 Est. Cost/Share $78.32 Unrealized @ Report Date -1.4%

AAPL APPLE INC 0.1%

Value $230K Shares 690 Share Price $333.15 Est. Cost/Share $321.20 Unrealized @ Report Date +3.7%

AMZN AMAZON COM INC 0.1%

Value $215K Shares 864 Share Price $249.15 Est. Cost/Share $254.08 Unrealized @ Report Date -1.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TIP	ISHARES TR	262,859	$27.35M	11.4%	$104.04	$106.91	-2.7%	TIPS BD ETF	464287176
FLOT	ISHARES TR	270,581	$13.81M	5.7%	$51.05	$50.98	+0.1%	FLTG RATE NT ETF	46429B655
VCSH	VANGUARD SCOTTSDALE FDS	122,804	$9.487M	3.9%	$77.25	$78.32	-1.4%	SHRT TRM CORP BD	92206C409
AAPL	APPLE INC	690	$230K	0.1%	$333.15	$321.20	+3.7%	COM	037833100
AMZN	AMAZON COM INC	864	$215K	0.1%	$249.15	$254.08	-1.9%	COM	023135106

Increased Positions (13)

TMO THERMO FISHER SCIENTIFIC INC 5.3%

Value $12.67M (+36.9%) Shares 18,775 (+1.7%) Share Price $675.05 Est. Cost/Share $440.83 Unrealized @ Report Date +53.1%

IEO ISHARES TR 2.8%

Value $6.814M (+28.3%) Shares 51,620 (+6.8%) Share Price $132.00 Est. Cost/Share $107.59 Unrealized @ Report Date +22.7%

IAU ISHARES GOLD TR 11.1%

Value $26.65M (+5.6%) Shares 341,230 (+2.1%) Share Price $78.10 Est. Cost/Share $36.41 Unrealized @ Report Date +114.5%

GLD SPDR GOLD TR 11.0%

Value $26.41M (+5.6%) Shares 69,358 (+2.2%) Share Price $380.84 Est. Cost/Share $139.64 Unrealized @ Report Date +172.7%

GDX VANECK ETF TRUST 3.4%

Value $8.101M (+20.3%) Shares 92,272 (+3.4%) Share Price $87.80 Est. Cost/Share $30.27 Unrealized @ Report Date +190.1%

FSLR FIRST SOLAR INC 1.8%

Value $4.253M (-23.6%) Shares 24,281 (+3.0%) Share Price $175.16 Est. Cost/Share $201.63 Unrealized @ Report Date -13.1%

MLM MARTIN MARIETTA MATLS INC 2.8%

Value $6.681M (-15.2%) Shares 13,925 (+1.9%) Share Price $479.81 Est. Cost/Share $439.42 Unrealized @ Report Date +9.2%

ITB ISHARES TR 1.8%

Value $4.362M (-14.4%) Shares 50,124 (+2.8%) Share Price $87.02 Est. Cost/Share $94.35 Unrealized @ Report Date -7.8%

DHI D R HORTON INC 1.9%

Value $4.558M (-13.6%) Shares 33,354 (+2.9%) Share Price $136.65 Est. Cost/Share $96.51 Unrealized @ Report Date +41.6%

AMAT APPLIED MATLS INC 0.1%

Value $240K (-22.9%) Shares 469 (+9.1%) Share Price $511.38 Est. Cost/Share $465.24 Unrealized @ Report Date +9.9%

XLB SELECT SECTOR SPDR TR 1.9%

Value $4.693M (-1.4%) Shares 96,360 (+2.9%) Share Price $48.70 Est. Cost/Share $48.94 Unrealized @ Report Date -0.5%

WMT WALMART INC 0.1%

Value $272K (-3.6%) Shares 2,619 (+5.1%) Share Price $103.92 Est. Cost/Share $87.48 Unrealized @ Report Date +18.8%

VRP INVESCO EXCH TRADED FD TR II 7.3%

Value $17.6M (+0.1%) Shares 742,105 (+2.6%) Share Price $23.71 Est. Cost/Share $24.57 Unrealized @ Report Date -3.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
TMO	THERMO FISHER SCIENTIFIC INC	18,775 (+1.7%)	$12.67M (+36.9%)	5.3%	$675.05	$440.83	+53.1%	COM	883556102
IEO	ISHARES TR	51,620 (+6.8%)	$6.814M (+28.3%)	2.8%	$132.00	$107.59	+22.7%	US OIL GS EX ETF	464288851
IAU	ISHARES GOLD TR	341,230 (+2.1%)	$26.65M (+5.6%)	11.1%	$78.10	$36.41	+114.5%	ISHARES NEW	464285204
GLD	SPDR GOLD TR	69,358 (+2.2%)	$26.41M (+5.6%)	11.0%	$380.84	$139.64	+172.7%	GOLD SHS	78463V107
GDX	VANECK ETF TRUST	92,272 (+3.4%)	$8.101M (+20.3%)	3.4%	$87.80	$30.27	+190.1%	GOLD MINERS ETF	92189F106
FSLR	FIRST SOLAR INC	24,281 (+3.0%)	$4.253M (-23.6%)	1.8%	$175.16	$201.63	-13.1%	COM	336433107
MLM	MARTIN MARIETTA MATLS INC	13,925 (+1.9%)	$6.681M (-15.2%)	2.8%	$479.81	$439.42	+9.2%	COM	573284106
ITB	ISHARES TR	50,124 (+2.8%)	$4.362M (-14.4%)	1.8%	$87.02	$94.35	-7.8%	US HOME CONS ETF	464288752
DHI	D R HORTON INC	33,354 (+2.9%)	$4.558M (-13.6%)	1.9%	$136.65	$96.51	+41.6%	COM	23331A109
AMAT	APPLIED MATLS INC	469 (+9.1%)	$240K (-22.9%)	0.1%	$511.38	$465.24	+9.9%	COM	038222105
XLB	SELECT SECTOR SPDR TR	96,360 (+2.9%)	$4.693M (-1.4%)	1.9%	$48.70	$48.94	-0.5%	ST STR MATER ETF	81369Y100
WMT	WALMART INC	2,619 (+5.1%)	$272K (-3.6%)	0.1%	$103.92	$87.48	+18.8%	COM	931142103
VRP	INVESCO EXCH TRADED FD TR II	742,105 (+2.6%)	$17.6M (+0.1%)	7.3%	$23.71	$24.57	-3.5%	VAR RATE PFD	46138G870

Decreased Positions (7)

SGOV ISHARES TR 7.7%

Value $18.48M (-45.4%) Shares 183,511 (-45.4%) Share Price $100.68 Est. Cost/Share $100.52 Unrealized @ Report Date +0.2%

SHY ISHARES TR 7.3%

Value $17.69M (-14.6%) Shares 217,817 (-13.6%) Share Price $81.20 Est. Cost/Share $82.56 Unrealized @ Report Date -1.6%

SHV ISHARES TR 2.3%

Value $5.587M (-34.0%) Shares 50,648 (-34.0%) Share Price $110.32 Est. Cost/Share $110.26 Unrealized @ Report Date +0.1%

DINO HF SINCLAIR CORP 1.4%

Value $3.378M (-35.0%) Shares 31,475 (-57.8%) Share Price $107.32 Est. Cost/Share $39.17 Unrealized @ Report Date +174.0%

VLO VALERO ENERGY CORP 1.4%

Value $3.461M (-34.3%) Shares 8,930 (-55.8%) Share Price $387.61 Est. Cost/Share $137.41 Unrealized @ Report Date +182.1%

MPC MARATHON PETE CORP 1.4%

Value $3.463M (-26.4%) Shares 8,758 (-52.4%) Share Price $395.42 Est. Cost/Share $164.70 Unrealized @ Report Date +140.1%

PSX PHILLIPS 66 1.4%

Value $3.361M (-20.2%) Shares 13,164 (-47.2%) Share Price $255.31 Est. Cost/Share $128.31 Unrealized @ Report Date +99.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SGOV	ISHARES TR	183,511 (-45.4%)	$18.48M (-45.4%)	7.7%	$100.68	$100.52	+0.2%	0-3 MTH TREASURY	46436E718
SHY	ISHARES TR	217,817 (-13.6%)	$17.69M (-14.6%)	7.3%	$81.20	$82.56	-1.6%	1 3 YR TREAS BD	464287457
SHV	ISHARES TR	50,648 (-34.0%)	$5.587M (-34.0%)	2.3%	$110.32	$110.26	+0.1%	TRUST ISHARE 0-1	464288679
DINO	HF SINCLAIR CORP	31,475 (-57.8%)	$3.378M (-35.0%)	1.4%	$107.32	$39.17	+174.0%	COM	403949100
VLO	VALERO ENERGY CORP	8,930 (-55.8%)	$3.461M (-34.3%)	1.4%	$387.61	$137.41	+182.1%	COM	91913Y100
MPC	MARATHON PETE CORP	8,758 (-52.4%)	$3.463M (-26.4%)	1.4%	$395.42	$164.70	+140.1%	COM	56585A102
PSX	PHILLIPS 66	13,164 (-47.2%)	$3.361M (-20.2%)	1.4%	$255.31	$128.31	+99.0%	COM	718546104

Unchanged Positions (1)

KNX KNIGHT-SWIFT TRANSN HLDGS IN 4.6%

Value $11.02M Shares 173,250 Share Price $63.59 Est. Cost/Share $41.56 Unrealized @ Report Date +53.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
KNX	KNIGHT-SWIFT TRANSN HLDGS IN	173,250	$11.02M	4.6%	$63.59	$41.56	+53.0%	CL A	499049104