M&

Mader & Shannon Wealth Management, Inc.

ContrarianQuality / disciplined sizing

Total reported value

$216.1M

Reporting period: 2026-03-31 · Number of holdings: 20

Mader & Shannon Wealth Management, Inc. disclosed 20 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $216.1M and a quarterly turnover rate of 50.0%.

Personality snowflake

Concentration
35.7
Portfolio Stability
50.04
Momentum/Contrarian
0
Sector conviction
63.01
Diversification
40
Sizing Uniformity
90.91

Recent moves

  • Add SGOV

    +1840.9%　$32.0M

  • Trim SHY

    -25.1%　-$7.1M

  • Add SHV

    +171.4%　$5.4M

  • Trim VRP

    -15.7%　-$3.8M

  • Trim GDX

    -40.7%　-$3.4M

  • Add KNX

    +18.0%　$4.1M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1SGOVIshares 0-3 Month Treasury BETF-Gov Bonds15.62%+14.77%+1840.92%
2IAUIshares Gold TrustETF-Commodities13.58%-0.88%-17.87%
3GLDSpdr Gold SharesETF-Commodities13.58%-0.87%-17.82%
4SHYIshares 1-3 Year Treasury BoETF-Gov Bonds9.61%-4.04%-25.08%
5VRPInvesco Variable Rate PreferETF-Other8.02%-2.35%-15.67%
6KNXKnight-swift TransportationStock-Industrials4.50%+1.73%+18.04%
7TMOThermo Fisher Scientific INCStock-Healthcare4.14%+0.65%+23.87%
8SHVIshares 0-1 Year Treasury BoETF-Gov Bonds3.95%+2.41%+171.39%
9GDXVaneck Gold Miners ETFETF-Commodities3.85%-1.87%-40.68%
10MLMMartin Marietta MaterialsStock-Materials3.65%+0.07%+15.52%
11IEOIshares U.s. Oil & Gas ExploETF-Other2.70%+2.70%NEW
12VLOValero Energy CORPStock-Energy2.28%+0.76%+9.61%
13DINOHf Sinclair CORPStock-Energy2.13%+0.38%+8.02%
14XLBSs Materials Select SectorETF-Other2.10%+1.10%+299.96%
15FSLRFirst Solar INCStock-Tech2.09%-0.14%+10.85%
16PSXPhillips 66Stock-Energy2.06%+0.68%+18.24%
17MPCMarathon Petroleum CORPStock-Energy2.04%+0.46%+7.91%
18DHIDr Horton INCStock-Consumer Disc1.99%+0.03%+33.15%
19ITBIshares U.s. Home ConstructiETF-Other1.98%+0.06%+28.94%
20WMTWalmart INCStock-Consumer Staples0.14%+0.02%+1.48%

Holding changes this quarter

Mader & Shannon Wealth Management, Inc.'s most significant position changes for 2026-03-31: Sold out: Invesco Preferred ETF (PGX); Sold out: Cdw Corp/de (CDW); New buy: Ishares U.s. Oil & Gas Explo (IEO); Sold out: Amazon.com INC (AMZN); Sold out: Unitedhealth Group INC (UNH).

Position changes disclosed by Mader & Shannon Wealth Management, Inc. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1SGOVIshares 0-3 Month Treasury B+14.8%+1840.92%Add
2SHVIshares 0-1 Year Treasury Bo+2.4%+171.39%Add
3KNXKnight-swift Transportation+1.7%+18.04%Add
4XLBSs Materials Select Sector+1.1%+299.96%Add
5VLOValero Energy CORP+0.8%+9.61%Add
6PSXPhillips 66+0.7%+18.24%Add
7TMOThermo Fisher Scientific INC+0.7%+23.87%Add
8MPCMarathon Petroleum CORP+0.5%+7.91%Add
9DINOHf Sinclair CORP+0.4%+8.02%Add
10MLMMartin Marietta Materials+0.1%+15.52%Add
11ITBIshares U.s. Home Constructi+0.1%+28.94%Add
12DHIDr Horton INC0%+33.15%Add
13WMTWalmart INC0%+1.48%Add
14FSLRFirst Solar INC-0.1%+10.85%Add
15GLDSpdr Gold Shares-0.9%-17.82%Trim
16IAUIshares Gold Trust-0.9%-17.87%Trim
17GDXVaneck Gold Miners ETF-1.9%-40.68%Trim
18VRPInvesco Variable Rate Prefer-2.4%-15.67%Trim
19SHYIshares 1-3 Year Treasury Bo-4%-25.08%Trim
20PGXInvesco Preferred ETF—EXITSold out
21CDWCdw Corp/de—EXITSold out
22IEOIshares U.s. Oil & Gas Explo—NEWNew buy
23AMZNAmazon.com INC—EXITSold out
24UNHUnitedhealth Group INC—EXITSold out

FAQ

What is Mader & Shannon Wealth Management, Inc. and what type of investor is it?
Mader & Shannon Wealth Management, Inc. 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 $216.1M, spread across 20 disclosed positions.
What are Mader & Shannon Wealth Management, Inc.'s largest equity positions?
Based on the latest 13F filing, Mader & Shannon Wealth Management, Inc.'s top holdings by market value are: 1. Ishares 0-3 Month Treasury B (SGOV) — $33.7M (15.6%) 2. Ishares Gold Trust (IAU) — $29.4M (13.6%) 3. Spdr Gold Shares (GLD) — $29.3M (13.6%) 4. Ishares 1-3 Year Treasury Bo (SHY) — $20.8M (9.6%) 5. Invesco Variable Rate Prefer (VRP) — $17.3M (8.0%)
What changes did Mader & Shannon Wealth Management, Inc. make in its most recent portfolio filing?
In the latest reported quarter, Mader & Shannon Wealth Management, Inc. made 24 notable position adjustments: 1 new positions were initiated, 14 existing holdings were added to, 5 positions were partially reduced, and 4 were completely exited. The largest of these moves: Sold out: Invesco Preferred ETF (PGX); Sold out: Cdw Corp/de (CDW); New buy: Ishares U.s. Oil & Gas Explo (IEO); Sold out: Amazon.com INC (AMZN); Sold out: Unitedhealth Group INC (UNH)
What sectors does Mader & Shannon Wealth Management, Inc. focus on?
Mader & Shannon Wealth Management, Inc. is concentrated in the following sectors based on its current disclosed equity portfolio: • Energy: 34.0% • Industrials: 18.0% • Health Care: 16.5% • Materials: 14.6% • Information Technology: 8.3% • Consumer Discretionary: 8.0%