Main Management LLC

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Main Management LLC maintained a portfolio of 110 distinct positions. The most significant new addition to the portfolio was MATERIALS, which now represents 1.26% of the total fund value. They heavily accumulated shares in MAIN BUYWRITE, increasing their position by 5.3%. The fund also reduced its exposure to SEMICONDUCTORS by 89.5%.
PCA Score Concentration Risk
Risk ENB
Total Positions
110
Quarter
2025 Q4
Top Holding
SPY (11.6%)
Top 10 Concentration
72.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 110
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
SPY
LARGE CAP CORE
ETF 11.61% 11.89% #1
Prev: #1
6.5 -7,045 -2.9%
P
S
236,536 $161,298,000 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BUYW
MAIN BUYWRITE
Unknown 8.28% 7.95% #2
Prev: #2
6.8 403,560 5.3%
P
S
8,036,358 $115,081,000 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
XLF
FINANCIALS
Unknown 8.07% 5.60% #3 5
Prev: #8
6.7 628,992 44.3%
P
S
2,047,301 $112,131,000 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
XLV
HEALTH CARE
Unknown 8.02% 5.77% #4 3
Prev: #7
6.2 154,585 27.3%
P
S
720,318 $111,505,000 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
XLC
COMMUNICATIONS ...
ETF 7.66% 7.86% #5 2
Prev: #3
4.1 -1,420 -0.2%
P
S
904,512 $106,479,000 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
INTL
INTERNATIONAL C...
Unknown 7.50% 7.43% #6 2
Prev: #4
3.5 89,077 2.4%
P
S
3,735,118 $104,247,000 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
XLK
TECHNOLOGY
Unknown 6.98% 6.73% #7 2
Prev: #5
5.8 347,205 106.4%
P
S
673,373 $96,945,000 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
TMAT
THEMATIC INNOVA...
ETF 5.26% 5.81% #8 2
Prev: #6
2.6 -3,976 -0.1%
P
S
2,925,306 $73,162,000 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
QQQ
NASDAQ
ETF 5.20% 5.20% #9
Prev: #9
2.6 -574 -0.5%
P
S
117,654 $72,276,000 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
XLY
CONSUMER DISCRE...
Unknown 4.35% 5.05% #10
Prev: #10
4.7 218,238 75.8%
P
S
506,118 $60,436,000 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
QQQM
NASDAQ 100
ETF 3.51% 3.47% #11 1
Prev: #12
1.9 810 0.4%
P
S
192,645 $48,724,000 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
RSP
S&P 500 EQUAL W...
Unknown 2.58% 2.48% #12 2
Prev: #14
1.5 8,718 4.9%
P
S
187,430 $35,904,000 2018 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SECT
US SECTOR ROTAT...
ETF 1.89% 1.81% #13 2
Prev: #15
1.3 15,041 3.8%
P
S
406,208 $26,213,000 2017 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BND
AGGREGATE BONDS
ETF 1.69% 1.75% #14 2
Prev: #16
1.2 -4,431 -1.4%
P
S
317,481 $23,516,000 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
VHT
HEALTH CARE
Unknown 1.38% 1.19% #15 7
Prev: #22
2.6 4,147 6.6%
P
S
66,650 $19,185,000 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SGOV
0-3 MONTH TREAS...
ETF 1.36% 1.33% #16 1
Prev: #17
1.0 8,979 5.0%
P
S
188,907 $18,962,000 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
VEU
ALL WORLD EX-US
ETF 1.32% 1.25% #17 2
Prev: #19
1.0 9,030 3.8%
P
S
248,909 $18,310,000 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
IEFA
DEVELOPED MARKE...
ETF 1.30% 1.29% #18
Prev: #18
1.0 -20 -0.0%
P
S
201,920 $18,064,000 2018 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VGT
INFORMATION TEC...
Unknown 1.27% 1.22% #19 2
Prev: #21
1.0 1,101 4.9%
P
S
23,472 $17,693,000 2018 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
XLB
MATERIALS
Unknown 1.26% #20
Prev: #—
4.0 384,829 no change
NEW
384,829 $17,452,000 2018 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ITB
HOME CONSTRUCTI...
ETF 1.19% 1.25% #21 1
Prev: #20
2.5 12,348 7.8%
P
S
171,371 $16,503,000 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
XLE
ENERGY
Unknown 1.11% #22
Prev: #—
3.9 345,000 no change
NEW
345,000 $15,425,000 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
VXUS
ALL WORLD EX-US
ETF 1.00% 0.87% #23 2
Prev: #25
2.4 21,468 13.2%
P
S
183,780 $13,864,000 2018 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SUTXX
US TREASURY MON...
Unknown 0.90% 1.01% #24
Prev: #24
0.9 -1,328,745 -9.6%
P
S
12,494,243 $12,494,000 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
IGV
SOFTWARE
ETF 0.67% 2.70% #25 12
Prev: #13
0.3 -232,505 -72.6%
P
S
87,600 $9,258,000 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
IGSB
INVESTMENT GRAD...
ETF 0.61% 0.59% #26
Prev: #26
2.2 10,086 6.7%
P
S
160,853 $8,506,000 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AGG
AGGREGATE BOND
Unknown 0.54% 0.51% #27
Prev: #27
2.2 6,108 8.8%
P
S
75,780 $7,569,000 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VFH
FINANCIALS
Unknown 0.49% 0.36% #28 1
Prev: #29
2.7 13,756 37.2%
P
S
50,726 $6,771,000 2018 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SMH
SEMICONDUCTORS
ETF 0.45% 3.95% #29 18
Prev: #11
0.2 -147,948 -89.5%
P
S
17,409 $6,270,000 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SNSXX
US TREASURY MON...
Unknown 0.37% 0.38% #30 2
Prev: #28
0.6 -67,643 -1.3%
P
S
5,078,970 $5,079,000 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
VWO
EMERGING MARKET...
Unknown 0.33% 0.21% #31 1
Prev: #32
3.1 32,574 62.8%
P
S
84,478 $4,542,000 2013 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
XLI
INDUSTRIALS
Unknown 0.24% 0.13% #32 3
Prev: #35
3.1 10,000 88.1%
P
S
21,347 $3,311,000 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
OIH
OIL SERVICES
Unknown 0.21% 0.29% #33 3
Prev: #30
0.1 -5,000 -32.6%
P
S
10,341 $2,945,000 2020 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
IJK
MID-CAP GROWTH
ETF 0.18% 0.21% #34 3
Prev: #31
0.6 -4,493 -15.1%
P
S
25,214 $2,443,000 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SWVXX
US TREASURY MON...
Unknown 0.16% 0.14% #35 2
Prev: #33
2.6 392,835 21.1%
P
S
2,258,835 $2,259,000 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
SHY
US TREASURIES
ETF 0.13% 0.13% #36
Prev: #36
2.1 1,120 5.3%
P
S
22,183 $1,837,000 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
TFLO
FLOATING RATE B...
ETF 0.12% 0.13% #37 3
Prev: #34
0.5 -1,986 -5.5%
P
S
34,304 $1,731,000 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
VEA
DEVELOPED MARKE...
Unknown 0.10% 0.09% #38
Prev: #38
2.0 2,108 10.9%
P
S
21,530 $1,345,000 2018 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
IEMG
EMERGING MARKET...
Unknown 0.08% 0.08% #39
Prev: #39
0.5 158 1.0%
P
S
15,705 $1,056,000 2017 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
VOO
LARGE CAP
ETF 0.05% 0.05% #40
Prev: #40
1.0 no change no change
P
S
1,059 $664,000 2018 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ACWX
ALL WORLD EX-US
ETF 0.04% 0.03% #41 2
Prev: #43
2.0 752 11.0%
P
S
7,597 $510,000 2015 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GLD
GOLD
ETF 0.03% 0.03% #42 3
Prev: #45
1.0 no change no change
P
S
1,166 $462,000 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
VYM
US HIGH DIVDEND...
Unknown 0.03% 0.03% #43 1
Prev: #42
1.0 no change no change
P
S
3,166 $454,000 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
VCSH
SHORT-TERM CORP...
ETF 0.03% 0.03% #44 2
Prev: #46
1.0 no change no change
P
S
4,954 $395,000 2016 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
VT
GLOBAL EQUITY
ETF 0.03% 0.03% #45 3
Prev: #48
0.5 -78 -2.9%
P
S
2,612 $368,000 2016 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
GDX
GOLD MINERS
Unknown 0.02% 0.03% #46 5
Prev: #41
0.0 -2,000 -33.3%
P
S
4,000 $343,000 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
IJH
MIDCAP
Unknown 0.02% 0.02% #47 3
Prev: #50
1.0 no change no change
P
S
4,825 $318,000 2018 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
IVV
S&P 500 VALUE
ETF 0.02% 0.02% #48 6
Prev: #54
2.0 60 16.3%
P
S
428 $293,000 2013 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BIL
US TREASURIES
ETF 0.02% 0.02% #49 2
Prev: #51
0.5 -108 -3.3%
P
S
3,198 $292,000 2017 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SCHB
US BROAD MARKET
ETF 0.02% 0.02% #50 2
Prev: #52
0.5 -732 -6.5%
P
S
10,488 $275,000 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-50 of 110 holdings

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