Swan Global Investments

DURANGO, COfiles as Swan Global Investments, LLC

$2.2bn in 87 US stocks at the end of 30 June 2026. The top 10 are 80.9% of the money. It changed about 6.2% of the portfolio this quarter.

Value

$2.2bn

Stocks

Top 10 share

80.9%

Turnover

6.2%

What changed this quarter

New

Bought for the first time this quarter.

Lam ResearchLRCX
0.3% of the fund
Analog DevicesADI
0.2% of the fund
AlphabetGOOG
0.1% of the fund
ChevronCVX
<0.1% of the fund
ServiceNowNOW
<0.1% of the fund
S&P GlobalSPGI
<0.1% of the fund
Super Micro ComputerSMCI
<0.1% of the fund
eBayEBAY
<0.1% of the fund
QualcommQCOM
<0.1% of the fund
T-Mobile USTMUS
<0.1% of the fund
Ishares TRIBTG
<0.1% of the fund
AmphenolAPH
<0.1% of the fund
ServiceTitanTTAN
<0.1% of the fund
OracleORCL
<0.1% of the fund
MckessonMCK
<0.1% of the fund
Taiwan Semiconductor ManufacturingTSM
<0.1% of the fund
Ishares TRIBTH
<0.1% of the fund
Bondbloxx ETF TrustXCCC
<0.1% of the fund
DeereDE
<0.1% of the fund
Bondbloxx ETF TrustXBB
<0.1% of the fund
Duke EnergyDUK
<0.1% of the fund
LindeLIN
<0.1% of the fund
Renewable Energy and Power
0.0% of the fund

Added

Bought more of a stock they already held.

State STR Spdr S&P 500 ETF TSPY
36.6% of the fund
+8%
Pacer FDS TRPSMJ
3.6% of the fund
+5%
Pacer FDS TRPSMR
3.5% of the fund
+6%
Pacer FDS TRPSFJ
1.2% of the fund
+13%
AppleAAPL
0.9% of the fund
+1385%
Pacer FDS TRPSFM
0.8% of the fund
+25%
MicrosoftMSFT
0.6% of the fund
+1427%
Palantir TechnologiesPLTR
0.3% of the fund
+2344%
NvidiaNVDA
0.2% of the fund
+330%
Advanced Micro DevicesAMD
0.1% of the fund
+204%
Amazon.comAMZN
0.1% of the fund
+194%
Micron TechnologyMU
<0.1% of the fund
+5%
Meta PlatformsMETA
<0.1% of the fund
+200%
Northern LTS FD TR IIISCLZ
<0.1% of the fund
+4%
AlphabetGOOGL
<0.1% of the fund
+38%
Eli LillyLLY
<0.1% of the fund
+4%
JPMorgan ChaseJPM
<0.1% of the fund
+12%
Etfs Gold TRSGOL
<0.1% of the fund
+6%
TeslaTSLA
<0.1% of the fund
+67%
Johnson & JohnsonJNJ
<0.1% of the fund
+4%
MastercardMA
<0.1% of the fund
+44%
VisaV
<0.1% of the fund
+2%
WalmartWMT
<0.1% of the fund
+37%
ExxonMobil HoldingsXOM
<0.1% of the fund
+10%
CaterpillarCAT
<0.1% of the fund
+6%

Cut

Sold some of their stake.

Ishares TRIVV
18.5% of the fund
-11%
Pacer FDS TRPSCW
2.4% of the fund
-2%
Pacer FDS TRPSCQ
1.9% of the fund
-2%
Pacer FDS TRPSCJ
1.6% of the fund
-2%
Pacer FDS TRPSFO
1.3% of the fund
-2%
Pacer FDS TRPSCX
1.2% of the fund
-2%
EA Series TrustBOXX
<0.1% of the fund
-22%
Vanguard Scottsdale FDSVTWO
<0.1% of the fund
-4%
Ishares TRTLT
<0.1% of the fund
-16%

Sold out

Sold their entire stake.

None this quarter.

Holdings

State STR Spdr S&P 500 ETF TSPY
Share
36.6%
Value
$801m
Shares
1,072,921
+8%
Ishares TRIVV
Share
18.5%
Value
$406m
Shares
541,901
-11%
Select Sector Spdr TRXLK
Share
4.9%
Value
$107m
Shares
560,690
Held
Pacer FDS TRPSMO
Share
3.9%
Value
$86m
Shares
2,633,439
Held
Pacer FDS TRPSMD
Share
3.7%
Value
$80m
Shares
2,342,410
Held
Pacer FDS TRPSMJ
Share
3.6%
Value
$79m
Shares
2,347,266
+5%
Pacer FDS TRPSMR
Share
3.5%
Value
$78m
Shares
2,411,647
+6%
Pacer FDS TRPSCW
Share
2.4%
Value
$52m
Shares
1,744,472
-2%
Pacer FDS TRPSCQ
Share
1.9%
Value
$42m
Shares
1,342,756
-2%
Listed FDS TRHEGD
Share
1.9%
Value
$42m
Shares
1,569,429
Held
Pacer FDS TRPSCJ
Share
1.6%
Value
$36m
Shares
1,121,765
-2%
Pacer FDS TRPSFD
Share
1.5%
Value
$33m
Shares
824,213
Held
Select Sector Spdr TRXLF
Share
1.4%
Value
$31m
Shares
572,383
Held
Pacer FDS TRPSFO
Share
1.3%
Value
$29m
Shares
840,907
-2%
Pacer FDS TRPSCX
Share
1.2%
Value
$26m
Shares
788,754
-2%
Pacer FDS TRPSFJ
Share
1.2%
Value
$26m
Shares
729,426
+13%
Select Sector Spdr TRXLY
Share
1.1%
Value
$24m
Shares
203,454
Held
Select Sector Spdr TRXLV
Share
1.1%
Value
$23m
Shares
147,836
Held
Select Sector Spdr TRXLI
Share
1.1%
Value
$23m
Shares
124,570
Held
Select Sector Spdr TRXLC
Share
1.0%
Value
$21m
Shares
196,236
Held
AppleAAPL
Share
0.9%
Value
$19m
Shares
65,417
+1385%
Pacer FDS TRPSFM
Share
0.8%
Value
$18m
Shares
507,781
+25%
MicrosoftMSFT
Share
0.6%
Value
$13m
Shares
34,410
+1427%
Select Sector Spdr TRXLP
Share
0.5%
Value
$12m
Shares
144,652
Held
Select Sector Spdr TRXLE
Share
0.4%
Value
$8m
Shares
149,961
Held
Palantir TechnologiesPLTR
Share
0.3%
Value
$7m
Shares
60,335
+2344%
Lam ResearchLRCX
Share
0.3%
Value
$6m
Shares
13,617
New
Select Sector Spdr TRXLU
Share
0.3%
Value
$6m
Shares
123,778
Held
NvidiaNVDA
Share
0.2%
Value
$5m
Shares
26,623
+330%
Select Sector Spdr TRXLB
Share
0.2%
Value
$5m
Shares
91,056
Held
Select Sector Spdr TRXLRE
Share
0.2%
Value
$5m
Shares
104,653
Held
Analog DevicesADI
Share
0.2%
Value
$4m
Shares
9,084
New
Advanced Micro DevicesAMD
Share
0.1%
Value
$3m
Shares
5,517
+204%
AlphabetGOOG
Share
0.1%
Value
$2m
Shares
6,536
New
Amazon.comAMZN
Share
0.1%
Value
$2m
Shares
9,458
+194%
Micron TechnologyMU
Share
<0.1%
Value
$2m
Shares
1,632
+5%
Meta PlatformsMETA
Share
<0.1%
Value
$2m
Shares
3,299
+200%
ChevronCVX
Share
<0.1%
Value
$2m
Shares
10,926
New
ServiceNowNOW
Share
<0.1%
Value
$1m
Shares
14,918
New
Northern LTS FD TR IIISCLZ
Share
<0.1%
Value
$1m
Shares
25,295
+4%
AlphabetGOOGL
Share
<0.1%
Value
$1m
Shares
3,809
+38%
S&P GlobalSPGI
Share
<0.1%
Value
$1m
Shares
3,086
New
Super Micro ComputerSMCI
Share
<0.1%
Value
$1m
Shares
40,130
New
eBayEBAY
Share
<0.1%
Value
$1m
Shares
9,655
New
BroadcomAVGO
Share
<0.1%
Value
$991,972
Shares
2,626
Held
QualcommQCOM
Share
<0.1%
Value
$941,505
Shares
5,095
New
Eli LillyLLY
Share
<0.1%
Value
$831,205
Shares
693
+4%
T-Mobile USTMUS
Share
<0.1%
Value
$797,221
Shares
4,753
New
Spdr Gold TRGLD
Share
<0.1%
Value
$790,175
Shares
2,145
Held
EA Series TrustBOXX
Share
<0.1%
Value
$761,085
Shares
6,500
-22%
JPMorgan ChaseJPM
Share
<0.1%
Value
$754,168
Shares
2,304
+12%
Cisco SystemsCSCO
Share
<0.1%
Value
$643,211
Shares
5,476
Held
Ishares TRIBTG
Share
<0.1%
Value
$620,731
Shares
27,118
New
Etfs Gold TRSGOL
Share
<0.1%
Value
$600,211
Shares
15,700
+6%
AmphenolAPH
Share
<0.1%
Value
$592,083
Shares
3,358
New
TeslaTSLA
Share
<0.1%
Value
$568,231
Shares
1,351
+67%
ServiceTitanTTAN
Share
<0.1%
Value
$555,498
Shares
7,856
New
OracleORCL
Share
<0.1%
Value
$549,269
Shares
3,748
New
General ElectricGE
Share
<0.1%
Value
$549,009
Shares
1,469
Held
Johnson & JohnsonJNJ
Share
<0.1%
Value
$520,892
Shares
2,051
+4%
MastercardMA
Share
<0.1%
Value
$482,784
Shares
940
+44%
VisaV
Share
<0.1%
Value
$448,076
Shares
1,306
+2%
MckessonMCK
Share
<0.1%
Value
$443,537
Shares
587
New
Taiwan Semiconductor ManufacturingTSM
Share
<0.1%
Value
$437,932
Shares
917
New
WalmartWMT
Share
<0.1%
Value
$422,460
Shares
3,730
+37%
ExxonMobil HoldingsXOM
Share
<0.1%
Value
$406,469
Shares
2,973
+10%
CaterpillarCAT
Share
<0.1%
Value
$374,845
Shares
352
+6%
AbbVieABBV
Share
<0.1%
Value
$373,685
Shares
1,485
Held
Ishares TRIBTH
Share
<0.1%
Value
$352,797
Shares
15,771
New
Vanguard Intl Equity Index FVEU
Share
<0.1%
Value
$347,060
Shares
4,144
Held
Uber TechnologiesUBER
Share
<0.1%
Value
$338,358
Shares
4,689
+58%
Wells Fargo & CompanyWFC
Share
<0.1%
Value
$320,065
Shares
3,873
+43%
RTXRTX
Share
<0.1%
Value
$305,276
Shares
1,609
+18%
Home DepotHD
Share
<0.1%
Value
$304,010
Shares
862
+7%
Vanguard Scottsdale FDSVTWO
Share
<0.1%
Value
$294,686
Shares
2,427
-4%
IsharesIEMG
Share
<0.1%
Value
$290,851
Shares
3,511
+3%
Bondbloxx ETF TrustXCCC
Share
<0.1%
Value
$288,824
Shares
7,900
New
Ishares TRIEFA
Share
<0.1%
Value
$279,503
Shares
2,894
+7%
NetflixNFLX
Share
<0.1%
Value
$259,610
Shares
3,636
+36%
Berkshire HathawayBRK-B
Share
<0.1%
Value
$233,669
Shares
1,275
+7%
Ishares TRTLT
Share
<0.1%
Value
$233,334
Shares
2,700
-16%
DeereDE
Share
<0.1%
Value
$231,530
Shares
365
New
Coca-ColaKO
Share
<0.1%
Value
$229,019
Shares
2,818
Held
Bondbloxx ETF TrustXBB
Share
<0.1%
Value
$225,445
Shares
5,500
New
Duke EnergyDUK
Share
<0.1%
Value
$206,958
Shares
1,635
New
LindeLIN
Share
<0.1%
Value
$200,311
Shares
386
New
Renewable Energy and Power
Share
0.0%
Value
$0
Shares
212,500
New

Company	Share of fund	Value	Shares	Change
State STR Spdr S&P 500 ETF TSPY	36.6%	$801m	1,072,921	+8%
Ishares TRIVV	18.5%	$406m	541,901	-11%
Select Sector Spdr TRXLK	4.9%	$107m	560,690	Held
Pacer FDS TRPSMO	3.9%	$86m	2,633,439	Held
Pacer FDS TRPSMD	3.7%	$80m	2,342,410	Held
Pacer FDS TRPSMJ	3.6%	$79m	2,347,266	+5%
Pacer FDS TRPSMR	3.5%	$78m	2,411,647	+6%
Pacer FDS TRPSCW	2.4%	$52m	1,744,472	-2%
Pacer FDS TRPSCQ	1.9%	$42m	1,342,756	-2%
Listed FDS TRHEGD	1.9%	$42m	1,569,429	Held
Pacer FDS TRPSCJ	1.6%	$36m	1,121,765	-2%
Pacer FDS TRPSFD	1.5%	$33m	824,213	Held
Select Sector Spdr TRXLF	1.4%	$31m	572,383	Held
Pacer FDS TRPSFO	1.3%	$29m	840,907	-2%
Pacer FDS TRPSCX	1.2%	$26m	788,754	-2%
Pacer FDS TRPSFJ	1.2%	$26m	729,426	+13%
Select Sector Spdr TRXLY	1.1%	$24m	203,454	Held
Select Sector Spdr TRXLV	1.1%	$23m	147,836	Held
Select Sector Spdr TRXLI	1.1%	$23m	124,570	Held
Select Sector Spdr TRXLC	1.0%	$21m	196,236	Held
AppleAAPL	0.9%	$19m	65,417	+1385%
Pacer FDS TRPSFM	0.8%	$18m	507,781	+25%
MicrosoftMSFT	0.6%	$13m	34,410	+1427%
Select Sector Spdr TRXLP	0.5%	$12m	144,652	Held
Select Sector Spdr TRXLE	0.4%	$8m	149,961	Held
Palantir TechnologiesPLTR	0.3%	$7m	60,335	+2344%
Lam ResearchLRCX	0.3%	$6m	13,617	New
Select Sector Spdr TRXLU	0.3%	$6m	123,778	Held
NvidiaNVDA	0.2%	$5m	26,623	+330%
Select Sector Spdr TRXLB	0.2%	$5m	91,056	Held
Select Sector Spdr TRXLRE	0.2%	$5m	104,653	Held
Analog DevicesADI	0.2%	$4m	9,084	New
Advanced Micro DevicesAMD	0.1%	$3m	5,517	+204%
AlphabetGOOG	0.1%	$2m	6,536	New
Amazon.comAMZN	0.1%	$2m	9,458	+194%
Micron TechnologyMU	<0.1%	$2m	1,632	+5%
Meta PlatformsMETA	<0.1%	$2m	3,299	+200%
ChevronCVX	<0.1%	$2m	10,926	New
ServiceNowNOW	<0.1%	$1m	14,918	New
Northern LTS FD TR IIISCLZ	<0.1%	$1m	25,295	+4%
AlphabetGOOGL	<0.1%	$1m	3,809	+38%
S&P GlobalSPGI	<0.1%	$1m	3,086	New
Super Micro ComputerSMCI	<0.1%	$1m	40,130	New
eBayEBAY	<0.1%	$1m	9,655	New
BroadcomAVGO	<0.1%	$991,972	2,626	Held
QualcommQCOM	<0.1%	$941,505	5,095	New
Eli LillyLLY	<0.1%	$831,205	693	+4%
T-Mobile USTMUS	<0.1%	$797,221	4,753	New
Spdr Gold TRGLD	<0.1%	$790,175	2,145	Held
EA Series TrustBOXX	<0.1%	$761,085	6,500	-22%
JPMorgan ChaseJPM	<0.1%	$754,168	2,304	+12%
Cisco SystemsCSCO	<0.1%	$643,211	5,476	Held
Ishares TRIBTG	<0.1%	$620,731	27,118	New
Etfs Gold TRSGOL	<0.1%	$600,211	15,700	+6%
AmphenolAPH	<0.1%	$592,083	3,358	New
TeslaTSLA	<0.1%	$568,231	1,351	+67%
ServiceTitanTTAN	<0.1%	$555,498	7,856	New
OracleORCL	<0.1%	$549,269	3,748	New
General ElectricGE	<0.1%	$549,009	1,469	Held
Johnson & JohnsonJNJ	<0.1%	$520,892	2,051	+4%
MastercardMA	<0.1%	$482,784	940	+44%
VisaV	<0.1%	$448,076	1,306	+2%
MckessonMCK	<0.1%	$443,537	587	New
Taiwan Semiconductor ManufacturingTSM	<0.1%	$437,932	917	New
WalmartWMT	<0.1%	$422,460	3,730	+37%
ExxonMobil HoldingsXOM	<0.1%	$406,469	2,973	+10%
CaterpillarCAT	<0.1%	$374,845	352	+6%
AbbVieABBV	<0.1%	$373,685	1,485	Held
Ishares TRIBTH	<0.1%	$352,797	15,771	New
Vanguard Intl Equity Index FVEU	<0.1%	$347,060	4,144	Held
Uber TechnologiesUBER	<0.1%	$338,358	4,689	+58%
Wells Fargo & CompanyWFC	<0.1%	$320,065	3,873	+43%
RTXRTX	<0.1%	$305,276	1,609	+18%
Home DepotHD	<0.1%	$304,010	862	+7%
Vanguard Scottsdale FDSVTWO	<0.1%	$294,686	2,427	-4%
IsharesIEMG	<0.1%	$290,851	3,511	+3%
Bondbloxx ETF TrustXCCC	<0.1%	$288,824	7,900	New
Ishares TRIEFA	<0.1%	$279,503	2,894	+7%
NetflixNFLX	<0.1%	$259,610	3,636	+36%
Berkshire HathawayBRK-B	<0.1%	$233,669	1,275	+7%
Ishares TRTLT	<0.1%	$233,334	2,700	-16%
DeereDE	<0.1%	$231,530	365	New
Coca-ColaKO	<0.1%	$229,019	2,818	Held
Bondbloxx ETF TrustXBB	<0.1%	$225,445	5,500	New
Duke EnergyDUK	<0.1%	$206,958	1,635	New
LindeLIN	<0.1%	$200,311	386	New
Renewable Energy and Power	0.0%	$0	212,500	New

Options (16)

State STR Spdr S&P 500 ETF T
Type
Put
Value
$1.2bn
Contracts
1,840,200
Miami Intl Hldgs
Type
Put
Value
$11m
Contracts
322,200
State STR Spdr S&P 500 ETF T
Type
Call
Value
$9m
Contracts
1,046,100
Nvidia
Type
Put
Value
$5m
Contracts
40,000
Apple
Type
Put
Value
$3m
Contracts
14,200
Cheniere Energy
Type
Put
Value
$2m
Contracts
7,500
Ishares TR
Type
Put
Value
$2m
Contracts
9,700
Amazon.com
Type
Put
Value
$1m
Contracts
8,400
Meta Platforms
Type
Put
Value
$1m
Contracts
2,700
Micron Technology
Type
Put
Value
$1m
Contracts
1,600
Palantir Technologies
Type
Put
Value
$1m
Contracts
8,800
Bank of Amer
Type
Put
Value
$990,000
Contracts
19,800
Tesla
Type
Put
Value
$861,000
Contracts
2,100
Spdr Gold TR
Type
Put
Value
$360,000
Contracts
900
Ishares TR
Type
Put
Value
$335,900
Contracts
6,300
Advanced Micro Devices
Type
Call
Value
$264,000
Contracts
1,200

Company	Type	Value	Contracts
State STR Spdr S&P 500 ETF T	Put	$1.2bn	1,840,200
Miami Intl Hldgs	Put	$11m	322,200
State STR Spdr S&P 500 ETF T	Call	$9m	1,046,100
Nvidia	Put	$5m	40,000
Apple	Put	$3m	14,200
Cheniere Energy	Put	$2m	7,500
Ishares TR	Put	$2m	9,700
Amazon.com	Put	$1m	8,400
Meta Platforms	Put	$1m	2,700
Micron Technology	Put	$1m	1,600
Palantir Technologies	Put	$1m	8,800
Bank of Amer	Put	$990,000	19,800
Tesla	Put	$861,000	2,100
Spdr Gold TR	Put	$360,000	900
Ishares TR	Put	$335,900	6,300
Advanced Micro Devices	Call	$264,000	1,200

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 1.4% since 30 June 2025.

Where the money is

Technology3.0%

Media & telecom0.3%

Retail & consumer0.2%

Financial services0.2%

Energy0.1%

Health care0.1%

Industrials0.1%

Everyday goods0.0%

Utilities0.0%

Materials0.0%

Other96.0%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.