L-
LFA - Lugano Financial Advisors SA Holdings Report (13F Filings)
LFA - Lugano Financial Advisors SADiversified strategyMomentum followerLong-term holder
Total reported value
$196.6M
Reporting period: 2026-03-31 · Number of holdings: 223
LFA - Lugano Financial Advisors SA disclosed 223 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $196.6M and a quarterly turnover rate of 14.9%.
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Personality snowflake
- Concentration
- 20.7
- Portfolio Stability
- 14.88
- Momentum/Contrarian
- 100
- Sector conviction
- 54.19
- Diversification
- 100
- Sizing Uniformity
- 67.46
Recent moves
Add FNDE
+57.0% $5.1M
Trim SDVY
-98.6% -$4.0M
Add FEZ
+82.3% $1.9M
Trim SGOV
-51.2% -$1.8M
Add VSGX
+86.9% $1.5M
Trim VGT
0.0% -$899.9K
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 14.08% | +0.37% | +9.32% | |
| 2 | ESGD | Ishares Trust Ishares Esg Aw | ETF-Other | 11.16% | -0.11% | — | |
| 3 | GLD | Spdr Gold Shares | ETF-Commodities | 6.87% | +0.45% | +0.00% | |
| 4 | FNDE | Schwab Fndmntl Em Mrk Eq ETF | ETF-Other | 6.51% | +2.54% | +56.95% | |
| 5 | SUSB | Ishares Esg Aware 1-5 Year U | ETF-Other | 5.78% | -0.18% | — | |
| 6 | IGIB | Ishares 5-10y Inv Grade CORP | ETF-Corp Bonds | 2.64% | +0.10% | +7.72% | |
| 7 | VWOB | Vanguard Emerg Mkts Gov Bnd | ETF-Other | 2.51% | -0.17% | -1.27% | |
| 8 | VCSH | Vanguard S/t CORP Bond ETF | ETF-Corp Bonds | 2.30% | +0.24% | +14.80% | |
| 9 | FEZ | State Street Spdr Euro Stoxx | ETF-Other | 2.27% | +0.96% | +82.32% | |
| 10 | IBND | State Street Spdr Bloomberg | ETF-Other | 1.98% | -0.10% | +0.22% | |
| 11 | SJNK | Ss Spdr Bb St Hi Yield ETF | ETF-Other | 1.92% | +0.30% | +23.80% | |
| 12 | FTLS | First Trust Long/short Eqty | ETF-Other | 1.86% | -0.31% | -12.18% | |
| 13 | IBDU | Ishares Ibonds Dec 2029 Term | ETF-Other | 1.78% | — | +0.09% | |
| 14 | TLH | Ishares 10-20 Year Treasury | ETF-Gov Bonds | 1.73% | — | +0.10% | |
| 15 | QAI | Nyli Hdg Multi-str Trk ETF | ETF-Other | 1.70% | — | -1.17% | |
| 16 | VGIT | Vanguard Intermediate-term T | ETF-Other | 1.67% | — | +2.44% | |
| 17 | VSGX | Vanguard Esg Intl Stock ETF | ETF-Other | 1.61% | +0.73% | +86.89% | |
| 18 | GDX | Vaneck Gold Miners ETF | ETF-Commodities | 1.60% | +0.17% | +5.91% | |
| 19 | IEF | Ishares 7-10 Year Treasury B | ETF-Gov Bonds | 1.39% | — | — | |
| 20 | CIBR | First Trust Nasdaq Cybersecu | ETF-Tech | 1.30% | -0.06% | +10.16% | |
| 21 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 1.26% | -0.21% | -7.22% | |
| 22 | AMZN | Amazon.com INC | Stock-Consumer Disc | 1.23% | -0.14% | +0.98% | |
| 23 | MSFT | Microsoft CORP | Stock-Tech | 1.22% | -0.37% | +1.80% | |
| 24 | IBDT | Ishares Ibonds Dec 2028 ETF | ETF-Other | 1.21% | — | +1.12% | |
| 25 | SHY | Ishares 1-3 Year Treasury Bo | ETF-Gov Bonds | 1.05% | — | +2.44% | |
| 26 | IBDV | Ishares Ibonds Dec 2030 CORP | ETF-Other | 1.04% | +0.04% | +7.67% | |
| 27 | EFA | Ishares Msci Eafe ETF | ETF-Other | 0.97% | — | — | |
| 28 | EWL | Ishares Msci Switzerland ETF | ETF-Other | 0.94% | +0.04% | +8.13% | |
| 29 | QLTA | Ishares Aaa - A Rated Corpor | ETF-Other | 0.92% | — | -0.24% | |
| 30 | SGOV | Ishares 0-3 Month Treasury B | ETF-Gov Bonds | 0.87% | -0.95% | -51.16% | |
| 31 | CWB | Ss Spdr Bb Conv Sec ETF | ETF-Other | 0.68% | — | — | |
| 32 | EMB | Ishares Jp Morgan Usd Emergi | ETF-Other | 0.67% | +0.03% | +9.04% | |
| 33 | RNRG | Global X Renewable Ener Prod | ETF-Other | 0.59% | +0.05% | — | |
| 34 | ESGE | Ishares INC Ishares Esg Awar | ETF-Other | 0.53% | +0.33% | +158.96% | |
| 35 | AAPL | Apple INC | Stock-Tech | 0.50% | -0.14% | -15.41% | |
| 36 | PSP | Invesco Global Listed Privat | ETF-Other | 0.46% | -0.09% | +1.50% | |
| 37 | CAT | Caterpillar INC | Stock-Industrials | 0.45% | +0.08% | — | |
| 38 | PDBC | Invesco Optimum Yield Divers | ETF-Other | 0.42% | +0.11% | +4.40% | |
| 39 | SCHF | Schwab Intl Equity ETF | ETF-Other | 0.39% | — | — | |
| 40 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.38% | -0.18% | -24.66% | |
| 41 | EWU | Ishares Msci United Kingdom | ETF-Other | 0.37% | — | +1.15% | |
| 42 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.36% | — | +2.86% | |
| 43 | VHT | Vanguard Health Care ETF | ETF-Other | 0.35% | — | — | |
| 44 | NVDA | Nvidia CORP | Stock-Tech | 0.30% | — | — | |
| 45 | XLI | Ss Industrial Select Sector | ETF-Other | 0.29% | — | — | |
| 46 | FPEI | First Trust Institutional Pr | ETF-Other | 0.27% | +0.03% | +18.33% | |
| 47 | PIO | Invesco Global Water ETF | ETF-Other | 0.25% | — | — | |
| 48 | VCLT | Vanguard Long-term CORP Bond | ETF-Corp Bonds | 0.25% | — | -5.18% | |
| 49 | JPM | Jpmorgan Chase & Co | Stock-Financials | 0.24% | — | — | |
| 50 | HEWJ | Isha Curr Hedged Msci Japan | ETF-Other | 0.20% | — | — |
1–50 of 223
Portfolio Performance
Performance for Q3 2026
+0.7%
Performance Last 4 Quarters
+13.6%
- Stdev
- +8%
- Beta
- +0.57
- Alpha
- +1.7%
- Max Drawdown
- -4.8%
- Annualized Perf
- +12.6%
- Batting Avg vs S&P
- +44.4%
- Sortino
- +2.95
- Stutzer
- +0.44
- Treynor
- +0.21
- Sterling
- +0.91
- Calmar
- +2.65
- Information Ratio
- -0.99
- Tracking Error
- +6.2%
- Stdev Down
- +4.2%
- Winning Months %
- +69.4%
- Losing Months %
- +30.6%
- Best 12 Months
- +22.7%
- Worst 12 Months
- +8%
- Efficiency Ratio
- +0.56
- Sharpe
- +1.53
- Stdev Sectors
- +9%
- Skewness
- -0.32
- Kurtosis
- -0.04
- Upside Potential
- +4.52
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 223 | $196.6M | 15 | |
| 2025-12-31 | 235 | $193.7M | 7 | |
| 2025-09-30 | 229 | $189.7M | 51 | |
| 2025-06-30 | 245 | $168.8M | 0 | |
| 2025-03-31 | 191 | $147.1M | 100 | |
| 2024-12-31 | 193 | $153.0M | 0 | |
| 2024-09-30 | 183 | $147.1M | 0 | |
| 2024-06-30 | 172 | $131.3M | 0 | |
| 2024-03-31 | 160 | $137.4M | 0 | |
| 2023-12-31 | 170 | $127.3M | 0 | |
| 2023-09-30 | 179 | $116.8M | 0 | |
| 2023-06-30 | 169 | $150.3M | 0 | |
| 2023-03-31 | 111 | $132.2M | 0 | |
| 2022-12-31 | 117 | $134.9M | 0 | |
| 2022-09-30 | 115 | $127.4M | 0 | |
| 2022-06-30 | 132 | $143.1M | 0 | |
| 2022-03-31 | 109 | $149.5M | 0 | |
| 2021-12-31 | 119 | $173.2M | 0 | |
| 2021-09-30 | 105 | $152.3M | 0 | |
| 2021-06-30 | 98 | $158.9M | 100 | |
| 2021-03-31 | 94 | $142.9M | 31 | |
| 2020-12-31 | 103 | $129.0M | 29 | |
| 2020-09-30 | 110 | $107.7M | 21 | |
| 2020-06-30 | 112 | $94.7M | 58 | |
| 2020-03-31 | 123 | $111.2M | 30 | |
| 2019-12-31 | 135 | $136.9M | 35 | |
| 2019-06-30 | 158 | $161.3M | 15 | |
| 2019-03-31 | 137 | $166.9M | 100 | |
| 2018-12-31 | 159 | $143.9M | 0 | |
| 2018-09-30 | 159 | $143.9M | 64 | |
| 2018-06-30 | 132 | $104.2M | — |
Holding changes this quarter
LFA - Lugano Financial Advisors SA's most significant position changes for 2026-03-31: Sold out: Vanguard High Dvd Yield ETF (VYM); Sold out: Astrazeneca Plc-spons Adr (AZNN); Sold out: Vanguard Short-term Bond ETF (BSV); Sold out: First Trust Senior Loan ETF (FTSL); Sold out: Mondelez International Inc-a (MDLZ).
FAQ
What is LFA - Lugano Financial Advisors SA and what type of investor is it?
LFA - Lugano Financial Advisors SA is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $196.6M, spread across 223 disclosed positions.
What are LFA - Lugano Financial Advisors SA's largest equity positions?
Based on the latest 13F filing, LFA - Lugano Financial Advisors SA's top holdings by market value are:
1. Ss Spdr S&p 500 ETF Trust-us (SPY) — $27.7M (14.1%)
2. Ishares Trust Ishares Esg Aw (ESGD) — $21.9M (11.2%)
3. Spdr Gold Shares (GLD) — $13.5M (6.9%)
4. Schwab Fndmntl Em Mrk Eq ETF (FNDE) — $12.8M (6.5%)
5. Ishares Esg Aware 1-5 Year U (SUSB) — $11.4M (5.8%)
What changes did LFA - Lugano Financial Advisors SA make in its most recent portfolio filing?
In the latest reported quarter, LFA - Lugano Financial Advisors SA made 42 notable position adjustments: 1 new positions were initiated, 28 existing holdings were added to, 7 positions were partially reduced, and 6 were completely exited. The largest of these moves: Sold out: Vanguard High Dvd Yield ETF (VYM); Sold out: Astrazeneca Plc-spons Adr (AZNN); Sold out: Vanguard Short-term Bond ETF (BSV); Sold out: First Trust Senior Loan ETF (FTSL); Sold out: Mondelez International Inc-a (MDLZ)
What sectors does LFA - Lugano Financial Advisors SA focus on?
LFA - Lugano Financial Advisors SA is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 30.7%
• Consumer Discretionary: 19.2%
• Financials: 14.1%
• Communication Services: 11.9%
• Industrials: 8.5%
• Health Care: 7.4%
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