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Portfolio (Quarterly) Guide ↗

LFA - Lugano Financial Advisors SA

· CIK 0001737871
13F Portfolio $194M AUM 235 positions Filed Jan 29, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 14 New 39 Added 22 Reduced 8 Exited
Page 1 of 2  ·  22 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 SPY SPDR S&P 500 ETF TR Financial Services 38,944.0 $26.6M 13.71% -1K -3.5% $681.92 +8.9%
2 FIRST TR EXCH TRADED FD III 59,301.0 $4.2M 2.17% -2K -3.9% $70.99
3 SDVY FIRST TR EXCHANGE-TRADED FD 106,958.0 $4.1M 2.12% -13K -10.6% $38.32 +7.9%
4 IBDU ISHARES TR 151,513.0 $3.5M 1.83% -6K -3.5% $23.41 -1.1%
5 SGOV ISHARES TR 35,061.0 $3.5M 1.82% -5K -12.8% $100.38 +0.2%
6 QAI NEW YORK LIFE INVESTMENTS ET 99,176.0 $3.3M 1.72% -8K -7.5% $33.51 +7.6%
7 VGIT VANGUARD SCOTTSDALE FDS 54,042.0 $3.2M 1.67% -2K -4.4% $59.93 -2.0%
8 AMZN AMAZON COM INC Consumer Cyclical 11,455.0 $2.6M 1.36% -386.0 -3.3% $230.82 +16.3%
9 CIBR FIRST TR EXCHANGE TRADED FD 36,927.0 $2.6M 1.36% -2K -4.4% $71.45 +15.0%
10 FEZ SPDR INDEX SHS FDS 39,464.0 $2.5M 1.31% -15K -27.1% $64.39 +4.8%
11 QLTA ISHARES TR 38,309.0 $1.8M 0.95% -863.0 -2.2% $48.09 -1.8%
12 AAPL APPLE INC Technology 4,542.0 $1.2M 0.64% -220.0 -4.6% $271.86 +12.2%
13 PSP INVESCO EXCHANGE TRADED FD T 15,906.0 $1.1M 0.55% -516.0 -3.1% $67.07 -9.3%
14 VCLT VANGUARD SCOTTSDALE FDS 7,004.0 $531K 0.27% -293.0 -4.0% $75.85 -2.2%
15 BND VANGUARD BD INDEX FDS 2,575.0 $191K 0.10% -47.0 -1.8% $74.07 -1.5%
16 BWZ SPDR SERIES TRUST 6,457.0 $177K 0.09% -2K -23.1% $27.41 -1.1%
17 GHYG ISHARES INC 3,373.0 $156K 0.08% -474.0 -12.3% $46.13 -1.6%
18 VZ VERIZON COMMUNICATIONS INC Communication Services 2,169.0 $87K 0.04% -500.0 -18.7% $40.04 +19.4%
19 MMM 3M CO Industrials 530.0 $85K 0.04% -270.0 -33.8% $160.10 -5.3%
20 EZU ISHARES INC 197.0 $13K 0.01% -683.0 -77.6% $64.10 +6.5%
Page 1 of 2  ·  22 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 73.9%
Technology 10.0%
Consumer Cyclical 6.1%
Communication Services 3.8%
Healthcare 2.2%
Industrials 1.8%
Consumer Defensive 1.3%
Utilities 0.4%
Energy 0.4%
Basic Materials 0.0%