Madrid Financial Services Concentrated Active

Location: Manhattan Beach, CA

CIK: 0002135336 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Aug 6, 2026

Total Value: $189M (100.0% shares, 0.0% debt)

Holdings (26)

New Positions (2)

REMX VANECK ETF TRUST 2.2%

Value $4.096M Shares 46,281 Est. Cost $88.50 Unrealized —

BIL SPDR SERIES TRUST 0.2%

Value $372K Shares 4,054 Est. Cost $91.64 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
REMX	VANECK ETF TRUST	46,281	$4.096M	2.2%	$88.50	—	RARE EAR STR ETF	92189H805
BIL	SPDR SERIES TRUST	4,054	$372K	0.2%	$91.64	—	ST STR BLO 1 ETF	78468R663

Increased Positions (16)

QQQ INVESCO QQQ TR 7.0%

Value $13.28M (+83.9%) Shares 18,029 (+44.1%) Est. Cost $625.90 Unrealized —

AOR ISHARES TR 11.2%

Value $21.25M (+21.3%) Shares 305,776 (+12.3%) Est. Cost $64.91 Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 5.3%

Value $9.984M (+25.1%) Shares 13,369 (+8.9%) Est. Cost $658.28 Unrealized —

GDX VANECK ETF TRUST 6.3%

Value $11.97M (-13.1%) Shares 158,703 (+5.7%) Est. Cost $90.88 Unrealized —

DXJ WISDOMTREE TR 5.6%

Value $10.61M (+18.8%) Shares 61,163 (+8.6%) Est. Cost $159.76 Unrealized —

IWM ISHARES TR 3.9%

Value $7.342M (+26.0%) Shares 24,438 (+4.0%) Est. Cost $250.00 Unrealized —

IJH ISHARES TR 4.4%

Value $8.393M (+21.7%) Shares 108,847 (+6.6%) Est. Cost $68.12 Unrealized —

SPYV SPDR SERIES TRUST 6.1%

Value $11.58M (+14.2%) Shares 190,549 (+6.2%) Est. Cost $56.83 Unrealized —

PPA INVESCO EXCHANGE TRADED FD T 5.2%

Value $9.838M (+15.0%) Shares 55,691 (+7.9%) Est. Cost $166.50 Unrealized —

DTH WISDOMTREE TR 4.2%

Value $7.949M (+18.6%) Shares 146,900 (+18.5%) Est. Cost $54.09 Unrealized —

IEFA ISHARES TR 4.7%

Value $8.841M (+11.8%) Shares 91,538 (+4.8%) Est. Cost $90.81 Unrealized —

NLR VANECK ETF TRUST 4.1%

Value $7.801M (-9.6%) Shares 67,263 (+3.8%) Est. Cost $132.55 Unrealized —

AOA ISHARES TR 1.5%

Value $2.77M (+31.7%) Shares 28,378 (+19.4%) Est. Cost $89.97 Unrealized —

MLPA GLOBAL X FDS 13.7%

Value $25.94M (+2.3%) Shares 488,670 (+3.8%) Est. Cost $53.84 Unrealized —

AOK ISHARES TR 0.5%

Value $934K (+18.1%) Shares 22,509 (+13.6%) Est. Cost $40.08 Unrealized —

AOM ISHARES TR 0.1%

Value $236K (+10.5%) Shares 4,739 (+5.0%) Est. Cost $47.49 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
QQQ	INVESCO QQQ TR	18,029 (+44.1%)	$13.28M (+83.9%)	7.0%	$625.90	—	UNIT SER 1	46090E103
AOR	ISHARES TR	305,776 (+12.3%)	$21.25M (+21.3%)	11.2%	$64.91	—	CORE 60 BALA ETF	464289867
SPY	STATE STR SPDR S&P 500 ETF T	13,369 (+8.9%)	$9.984M (+25.1%)	5.3%	$658.28	—	TR UNIT	78462F103
GDX	VANECK ETF TRUST	158,703 (+5.7%)	$11.97M (-13.1%)	6.3%	$90.88	—	GOLD MINERS ETF	92189F106
DXJ	WISDOMTREE TR	61,163 (+8.6%)	$10.61M (+18.8%)	5.6%	$159.76	—	JAPN HEDGE EQT	97717W851
IWM	ISHARES TR	24,438 (+4.0%)	$7.342M (+26.0%)	3.9%	$250.00	—	RUSSELL 2000 ETF	464287655
IJH	ISHARES TR	108,847 (+6.6%)	$8.393M (+21.7%)	4.4%	$68.12	—	CORE S&P MCP ETF	464287507
SPYV	SPDR SERIES TRUST	190,549 (+6.2%)	$11.58M (+14.2%)	6.1%	$56.83	—	ST STR P500VAL	78464A508
PPA	INVESCO EXCHANGE TRADED FD T	55,691 (+7.9%)	$9.838M (+15.0%)	5.2%	$166.50	—	AEROSPACE DEFN	46137V100
DTH	WISDOMTREE TR	146,900 (+18.5%)	$7.949M (+18.6%)	4.2%	$54.09	—	ITL HIGH DIV FD	97717W802
IEFA	ISHARES TR	91,538 (+4.8%)	$8.841M (+11.8%)	4.7%	$90.81	—	CORE MSCI EAFE	46432F842
NLR	VANECK ETF TRUST	67,263 (+3.8%)	$7.801M (-9.6%)	4.1%	$132.55	—	URANI NUCLE ETF	92189F601
AOA	ISHARES TR	28,378 (+19.4%)	$2.77M (+31.7%)	1.5%	$89.97	—	CORE 80 20 ETF	464289859
MLPA	GLOBAL X FDS	488,670 (+3.8%)	$25.94M (+2.3%)	13.7%	$53.84	—	GLBL X MLP ETF	37954Y343
AOK	ISHARES TR	22,509 (+13.6%)	$934K (+18.1%)	0.5%	$40.08	—	CORE 30 70 ETF	464289883
AOM	ISHARES TR	4,739 (+5.0%)	$236K (+10.5%)	0.1%	$47.49	—	CORE 40 MODE ETF	464289875

Exited Positions (2)

XOP SPDR SERIES TRUST 5.2%

Value $9.909M Shares 54,494 Est. Cost $181.83 Unrealized —

SMTH ALPS ETF TR 0.1%

Value $203K Shares 7,887 Est. Cost $25.75 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XOP	SPDR SERIES TRUST	54,494	$9.909M	5.2%	$181.83	—	—	78468R556
SMTH	ALPS ETF TR	7,887	$203K	0.1%	$25.75	—	—	00162Q346

Decreased Positions (2)

MLPX GLOBAL X FDS 4.5%

Value $8.531M (-10.8%) Shares 115,817 (-10.4%) Est. Cost $73.94 Unrealized —

WMT WALMART INC 0.1%

Value $238K (-13.0%) Shares 2,100 (-4.5%) Est. Cost $122.03 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MLPX	GLOBAL X FDS	115,817 (-10.4%)	$8.531M (-10.8%)	4.5%	$73.94	—	GLB X MLP ENRG I	37954Y293
WMT	WALMART INC	2,100 (-4.5%)	$238K (-13.0%)	0.1%	$122.03	—	COM	931142103

Unchanged Positions (6)

EWY ISHARES INC 8.1%

Value $15.26M Shares 75,563 Est. Cost $123.01 Unrealized —

BSVO EA SERIES TRUST 0.3%

Value $575K Shares 19,705 Est. Cost $25.37 Unrealized —

FELC FIDELITY COVINGTON TRUST 0.2%

Value $335K Shares 8,000 Est. Cost $36.27 Unrealized —

NVDA NVIDIA CORPORATION 0.2%

Value $325K Shares 1,623 Est. Cost $186.63 Unrealized —

AMZN AMAZON COM INC 0.1%

Value $274K Shares 1,150 Est. Cost $226.83 Unrealized —

LQD ISHARES TR 0.1%

Value $259K Shares 2,375 Est. Cost $108.99 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EWY	ISHARES INC	75,563	$15.26M	8.1%	$123.01	—	MSCI STH KOR ETF	464286772
BSVO	EA SERIES TRUST	19,705	$575K	0.3%	$25.37	—	BRID OMN SMA ETF	02072L532
FELC	FIDELITY COVINGTON TRUST	8,000	$335K	0.2%	$36.27	—	ENHANCED LARGE	316092113
NVDA	NVIDIA CORPORATION	1,623	$325K	0.2%	$186.63	—	COM	67066G104
AMZN	AMAZON COM INC	1,150	$274K	0.1%	$226.83	—	COM	023135106
LQD	ISHARES TR	2,375	$259K	0.1%	$108.99	—	IBOXX INV CP ETF	464287242