13F HOLDINGS REPORT (Amended)
POTOMAC FUND MANAGEMENT INC /ADV
Quarter ended Q3 2025 · Filed October 2, 2025 · Accession 0000826000-25-000008
Total Value
$1.70B
Positions
97
Other Managers
0
Confidential Omitted
No
Holdings (97)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 464287200 | 1,463,030 | $861.3M | 50.54% |
| 2 | DIREXION SHS ETF TR | 25459W862 | 2,418,474 | $408.0M | 23.94% |
| 3 | SPDR SER TR | 78464A847 | 1,341,805 | $73.4M | 4.31% |
| 4 | INVESCO QQQ TR | IVZ | 89,134 | $45.6M | 2.67% |
| 5 | NORTHERN LTS FD TR IV | NTRSO | 729,708 | $40.1M | 2.35% |
| 6 | ISHARES TR | 46435U853 | 871,863 | $32.1M | 1.88% |
| 7 | INVESCO DB US DLR INDEX TR | IVZ | 534,082 | $15.7M | 0.92% |
| 8 | SPDR SER TR | 78464A359 | 199,200 | $15.5M | 0.91% |
| 9 | WISDOMTREE TR | WT | 136,911 | $15.1M | 0.89% |
| 10 | INVESCO EXCH TRADED FD TR II | IVZ | 215,088 | $15.1M | 0.88% |
| 11 | J P MORGAN EXCHANGE TRADED F | 46641Q332 | 261,188 | $15.0M | 0.88% |
| 12 | VANGUARD INDEX FDS | 922908769 | 51,688 | $15.0M | 0.88% |
| 13 | PROSHARES TR | 74347X831 | 181,612 | $14.4M | 0.84% |
| 14 | SELECT SECTOR SPDR TR | 81369Y605 | 182,105 | $8.8M | 0.52% |
| 15 | ISHARES TR | 464288794 | 61,030 | $8.8M | 0.52% |
| 16 | ISHARES TR | 464287481 | 67,930 | $8.6M | 0.51% |
| 17 | SELECT SECTOR SPDR TR | 81369Y407 | 38,328 | $8.6M | 0.50% |
| 18 | FIRST TR EXCHANGE-TRADED FD | 33733E302 | 35,185 | $8.6M | 0.50% |
| 19 | ISHARES TR | 464287515 | 85,300 | $8.5M | 0.50% |
| 20 | ARK ETF TR | 00214Q104 | 148,183 | $8.4M | 0.49% |
| 21 | VANECK ETF TRUST | 92189F353 | 328,266 | $6.4M | 0.38% |
| 22 | NORTHERN LTS FD TR IV | NTRSO | 282,100 | $3.9M | 0.23% |
| 23 | SPDR SER TR | 78464A854 | 55,177 | $3.8M | 0.22% |
| 24 | MICROSOFT CORP | MSFT | 5,170 | $2.2M | 0.13% |
| 25 | NORTHERN LTS FD TR IV | NTRSO | 102,383 | $2.1M | 0.13% |
| 26 | WELLS FARGO CO NEW | 949746101 | 27,875 | $2.0M | 0.11% |
| 27 | JPMORGAN CHASE & CO. | VYLD | 7,825 | $1.9M | 0.11% |
| 28 | ABBOTT LABS | ABLZF | 16,399 | $1.9M | 0.11% |
| 29 | GILEAD SCIENCES INC | GILD | 19,354 | $1.8M | 0.10% |
| 30 | ACCENTURE PLC IRELAND | ACN | 4,937 | $1.7M | 0.10% |
| 31 | HONEYWELL INTL INC | 438516106 | 7,622 | $1.7M | 0.10% |
| 32 | HOME DEPOT INC | HD | 4,345 | $1.7M | 0.10% |
| 33 | PROCTER AND GAMBLE CO | 742718109 | 9,639 | $1.6M | 0.09% |
| 34 | MCDONALDS CORP | MCD | 5,543 | $1.6M | 0.09% |
| 35 | DUPONT DE NEMOURS INC | DD | 20,531 | $1.6M | 0.09% |
| 36 | SHELL PLC | RYDAF | 23,719 | $1.5M | 0.09% |
| 37 | COMCAST CORP NEW | CCZ | 39,092 | $1.5M | 0.09% |
| 38 | L3HARRIS TECHNOLOGIES INC | LHX | 6,854 | $1.4M | 0.08% |
| 39 | ISHARES TR | 464287200 | 2,312 | $1.4M | 0.08% |
| 40 | GALLAGHER ARTHUR J & CO | 363576109 | 4,720 | $1.3M | 0.08% |
| 41 | CHEVRON CORP NEW | CVX | 8,914 | $1.3M | 0.08% |
| 42 | NOVO-NORDISK A S | NONOF | 14,360 | $1.2M | 0.07% |
| 43 | US BANCORP DEL | USB-PS | 25,807 | $1.2M | 0.07% |
| 44 | BANK AMERICA CORP | 060505104 | 28,019 | $1.2M | 0.07% |
| 45 | PNC FINL SVCS GROUP INC | 693475105 | 6,296 | $1.2M | 0.07% |
| 46 | UNITED PARCEL SERVICE INC | UPS | 9,471 | $1.2M | 0.07% |
| 47 | EQUINIX INC | EQIX | 1,226 | $1.2M | 0.07% |
| 48 | ASTRAZENECA PLC | AZN | 16,763 | $1.1M | 0.06% |
| 49 | ANALOG DEVICES INC | ADI | 5,003 | $1.1M | 0.06% |
| 50 | ISHARES TR | 464287226 | 10,031 | $971,991 | 0.06% |
| 51 | ISHARES TR | 464287457 | 11,790 | $966,506 | 0.06% |
| 52 | ISHARES TR | 46434V860 | 18,388 | $928,065 | 0.05% |
| 53 | PEPSICO INC | PEP | 6,077 | $924,051 | 0.05% |
| 54 | CONOCOPHILLIPS | COP | 9,209 | $913,276 | 0.05% |
| 55 | ADVISORS INNER CIRCLE FD II | 00791R830 | 35,368 | $865,879 | 0.05% |
| 56 | VANGUARD TAX-MANAGED FDS | 921943858 | 17,964 | $859,023 | 0.05% |
| 57 | AMAZON COM INC | AMZN | 3,663 | $803,626 | 0.05% |
| 58 | ADVISORS INNER CIRCLE FD II | 00791R798 | 31,797 | $793,577 | 0.05% |
| 59 | VANGUARD INDEX FDS | 922908736 | 1,809 | $742,402 | 0.04% |
| 60 | MICROCHIP TECHNOLOGY INC. | MCHPP | 12,867 | $737,897 | 0.04% |
| 61 | JOHNSON & JOHNSON | JNJ | 4,319 | $624,555 | 0.04% |
| 62 | VANGUARD INDEX FDS | 922908744 | 3,608 | $610,843 | 0.04% |
| 63 | ISHARES TR | 46429B747 | 6,026 | $606,246 | 0.04% |
| 64 | ISHARES GOLD TR | IAU | 11,655 | $577,039 | 0.03% |
| 65 | VANGUARD SCOTTSDALE FDS | 92206C771 | 12,212 | $553,696 | 0.03% |
| 66 | DIAGEO PLC | DGEAF | 4,075 | $518,078 | 0.03% |
| 67 | SEMPRA | SREA | 5,872 | $515,092 | 0.03% |
| 68 | VANGUARD CHARLOTTE FDS | 92203J407 | 10,408 | $510,493 | 0.03% |
| 69 | RTX CORPORATION | RTX | 4,292 | $496,704 | 0.03% |
| 70 | AMGEN INC | AMGN | 1,854 | $483,318 | 0.03% |
| 71 | VANGUARD BD INDEX FDS | 921937827 | 6,238 | $481,994 | 0.03% |
| 72 | EASTMAN CHEM CO | EMN | 4,964 | $453,350 | 0.03% |
| 73 | ADVISORS INNER CIRCLE FD II | 00791R822 | 18,644 | $444,848 | 0.03% |
| 74 | EVERGY INC | EVRG | 7,208 | $443,670 | 0.03% |
| 75 | DBX ETF TR | 233051143 | 8,305 | $442,392 | 0.03% |
| 76 | ISHARES TR | 464287804 | 3,839 | $442,361 | 0.03% |
| 77 | ISHARES TR | 464287507 | 7,010 | $436,821 | 0.03% |
| 78 | ALPHABET INC | GOOG | 2,152 | $409,896 | 0.02% |
| 79 | ISHARES TR | 464288661 | 3,485 | $402,697 | 0.02% |
| 80 | ISHARES TR | 46435U549 | 8,579 | $398,396 | 0.02% |
| 81 | SELECT SECTOR SPDR TR | 81369Y209 | 2,760 | $379,707 | 0.02% |
| 82 | VANGUARD INTL EQUITY INDEX F | 922042858 | 7,885 | $347,243 | 0.02% |
| 83 | SERVICENOW INC | NOW | 320 | $339,238 | 0.02% |
| 84 | VISA INC | V | 1,037 | $327,843 | 0.02% |
| 85 | MASTERCARD INCORPORATED | MA | 594 | $312,906 | 0.02% |
| 86 | APPLE INC | AAPL | 1,247 | $312,276 | 0.02% |
| 87 | SPDR SER TR | 78464A631 | 1,806 | $299,548 | 0.02% |
| 88 | NETFLIX INC | NFLX | 331 | $295,027 | 0.02% |
| 89 | ORACLE CORP | ORCL-PD | 1,740 | $289,928 | 0.02% |
| 90 | SHOPIFY INC | SHOP | 2,679 | $284,858 | 0.02% |
| 91 | SPDR SER TR | 78464A375 | 7,680 | $251,600 | 0.01% |
| 92 | ADVISORS INNER CIRCLE FD II | 00791R814 | 10,754 | $245,693 | 0.01% |
| 93 | VANGUARD BD INDEX FDS | 921937793 | 3,301 | $225,903 | 0.01% |
| 94 | VANGUARD BD INDEX FDS | 921937819 | 3,010 | $224,935 | 0.01% |
| 95 | THERMO FISHER SCIENTIFIC INC | TMO | 430 | $223,597 | 0.01% |
| 96 | ADOBE INC | ADBE | 502 | $223,229 | 0.01% |
| 97 | ZOETIS INC | ZTS | 1,241 | $202,155 | 0.01% |