13F HOLDINGS REPORT

POTOMAC FUND MANAGEMENT INC /ADV

Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0000826000-26-000003

Total Value

$2.71B

Positions

108

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (108)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD INDEX FDS	922908363	2,653,203	$1.66B	61.32%
2	BONDBLOXX ETF TRUST	09789C788	8,093,603	$406.7M	14.99%
3	ISHARES TR	46436E718	855,521	$85.9M	3.16%
4	NORTHERN LTS FD TR IV	NTRSO	824,013	$53.2M	1.96%
5	BONDBLOXX ETF TRUST	09789C705	1,174,307	$48.3M	1.78%
6	BONDBLOXX ETF TRUST	09789C887	1,264,638	$48.1M	1.77%
7	ISHARES TR	46435U853	676,301	$25.3M	0.93%
8	VANGUARD WHITEHALL FDS	921946885	374,164	$25.2M	0.93%
9	BONDBLOXX ETF TRUST	09789C879	564,718	$25.2M	0.93%
10	LITMAN GREGORY FDS TR	53700T827	859,178	$24.1M	0.89%
11	SELECT SECTOR SPDR TR	81369Y209	150,858	$23.4M	0.86%
12	WISDOMTREE TR	WT	160,156	$23.1M	0.85%
13	VANGUARD WORLD FD	92204A504	79,799	$23.0M	0.85%
14	VANGUARD INDEX FDS	922908769	68,273	$22.9M	0.84%
15	SPDR SERIES TRUST	78464A359	255,798	$22.8M	0.84%
16	GLOBAL X FDS	37960A669	584,970	$14.1M	0.52%
17	VANECK ETF TRUST	92189F676	38,939	$14.0M	0.52%
18	ISHARES TR	464287390	459,796	$14.0M	0.52%
19	ISHARES TR	464287556	81,760	$13.8M	0.51%
20	GLOBAL X FDS	37954Y848	163,889	$13.7M	0.50%
21	SPDR SERIES TRUST	78464A755	131,633	$13.6M	0.50%
22	ARK ETF TR	00214Q104	176,624	$13.6M	0.50%
23	NORTHERN LTS FD TR IV	NTRSO	703,090	$10.1M	0.37%
24	ADVISORS INNER CIRCLE FD II	00791R814	194,314	$5.5M	0.20%
25	MICROSOFT CORP	MSFT	6,161	$3.0M	0.11%
26	ADVISORS INNER CIRCLE FD II	00791R822	95,752	$2.9M	0.11%
27	NORTHERN LTS FD TR IV	NTRSO	104,721	$2.6M	0.10%
28	ADVISORS INNER CIRCLE FD II	00791R830	105,661	$2.6M	0.10%
29	WELLS FARGO CO NEW	949746101	24,134	$2.2M	0.08%
30	JPMORGAN CHASE & CO.	VYLD	6,834	$2.2M	0.08%
31	L3HARRIS TECHNOLOGIES INC	LHX	7,305	$2.1M	0.08%
32	GILEAD SCIENCES INC	GILD	17,122	$2.1M	0.08%
33	ABBOTT LABS	ABLZF	16,683	$2.1M	0.08%
34	SHELL PLC	RYDAF	26,256	$1.9M	0.07%
35	ASTRAZENECA PLC	AZN	20,737	$1.9M	0.07%
36	MCDONALDS CORP	MCD	5,979	$1.8M	0.07%
37	ACCENTURE PLC IRELAND	ACN	6,620	$1.8M	0.07%
38	HOME DEPOT INC	HD	4,837	$1.7M	0.06%
39	NOVO-NORDISK A S	NONOF	32,510	$1.7M	0.06%
40	HONEYWELL INTL INC	438516106	8,429	$1.6M	0.06%
41	PROCTER AND GAMBLE CO	742718109	11,148	$1.6M	0.06%
42	GALLAGHER ARTHUR J & CO	363576109	5,848	$1.5M	0.06%
43	COMCAST CORP NEW	CCZ	50,362	$1.5M	0.06%
44	BANK AMERICA CORP	060505104	26,950	$1.5M	0.05%
45	US BANCORP DEL	USB-PS	27,720	$1.5M	0.05%
46	ANALOG DEVICES INC	ADI	5,315	$1.4M	0.05%
47	PNC FINL SVCS GROUP INC	693475105	6,803	$1.4M	0.05%
48	ADVISORS INNER CIRCLE FD II	00791R798	47,581	$1.4M	0.05%
49	UNITED PARCEL SERVICE INC	UPS	11,324	$1.1M	0.04%
50	AMAZON COM INC	AMZN	4,820	$1.1M	0.04%
51	PEPSICO INC	PEP	7,498	$1.1M	0.04%
52	CONOCOPHILLIPS	COP	11,444	$1.1M	0.04%
53	ISHARES TR	464287200	1,534	$1.1M	0.04%
54	EQUINIX INC	EQIX	1,370	$1.0M	0.04%
55	DUPONT DE NEMOURS INC	DD	24,759	$995,308	0.04%
56	QNITY ELECTRONICS INC	Q	11,822	$965,262	0.04%
57	WASTE MGMT INC DEL	94106L109	4,311	$947,228	0.03%
58	ISHARES TR	464287226	9,100	$908,910	0.03%
59	VANGUARD TAX-MANAGED FDS	921943858	13,749	$858,882	0.03%
60	JOHNSON & JOHNSON	JNJ	3,562	$737,057	0.03%
61	VANGUARD INDEX FDS	922908736	1,488	$725,902	0.03%
62	ORACLE CORP	ORCL-PD	3,721	$725,339	0.03%
63	ELI LILLY & CO	LLY	664	$713,419	0.03%
64	MICROCHIP TECHNOLOGY INC.	MCHPP	11,141	$709,934	0.03%
65	NVIDIA CORPORATION	NVDA	3,784	$705,781	0.03%
66	BROADCOM INC	AVGO	1,982	$685,954	0.03%
67	ISHARES TR	46429B747	6,453	$660,679	0.02%
68	RTX CORPORATION	RTX	3,528	$647,006	0.02%
69	MASTERCARD INCORPORATED	MA	1,121	$639,987	0.02%
70	ISHARES TR	46434V860	12,581	$634,812	0.02%
71	SOLSTICE ADVANCED MATLS INC	83443Q103	13,022	$632,609	0.02%
72	ALPHABET INC	GOOG	1,999	$627,439	0.02%
73	SHOPIFY INC	SHOP	3,897	$627,300	0.02%
74	SEMPRA	SREA	6,980	$616,242	0.02%
75	VISA INC	V	1,755	$615,610	0.02%
76	CHEVRON CORP NEW	CVX	4,030	$614,154	0.02%
77	NETEASE INC	NETTF	4,299	$591,628	0.02%
78	EVERGY INC	EVRG	8,011	$580,703	0.02%
79	VANGUARD INDEX FDS	922908744	2,939	$561,248	0.02%
80	EASTMAN CHEM CO	EMN	7,950	$507,424	0.02%
81	VANGUARD SCOTTSDALE FDS	92206C771	10,680	$502,836	0.02%
82	DBX ETF TR	233051143	7,453	$465,448	0.02%
83	ISHARES TR	464287457	5,604	$464,103	0.02%
84	VANGUARD CHARLOTTE FDS	92203J407	9,445	$456,372	0.02%
85	VANGUARD BD INDEX FDS	921937827	5,567	$438,744	0.02%
86	ISHARES TR	46435U549	9,092	$435,038	0.02%
87	ISHARES GOLD TR	IAU	5,352	$434,422	0.02%
88	SERVICENOW INC	NOW	2,751	$421,426	0.02%
89	ZOETIS INC	ZTS	3,175	$399,523	0.01%
90	MSCI INC	MSCI	663	$380,497	0.01%
91	ISHARES TR	464288661	2,947	$351,691	0.01%
92	IDEXX LABS INC	45168D104	517	$349,766	0.01%
93	VANGUARD INTL EQUITY INDEX F	922042858	6,253	$336,178	0.01%
94	AON PLC	AON	925	$326,577	0.01%
95	ISHARES TR	464287804	2,655	$319,034	0.01%
96	STARBUCKS CORP	SBUX	3,679	$309,803	0.01%
97	INVESCO QQQ TR	IVZ	482	$295,999	0.01%
98	ISHARES TR	464287507	4,477	$295,502	0.01%
99	INTUITIVE SURGICAL INC	ISRG	498	$282,047	0.01%
100	ADOBE INC	ADBE	739	$258,643	0.01%
101	SYNOPSYS INC	SNPS	540	$253,649	0.01%
102	AIRBNB INC	ABNB	1,746	$236,967	0.01%
103	SPDR SERIES TRUST	78464A375	6,693	$226,277	0.01%
104	SELECT SECTOR SPDR TR	81369Y605	4,056	$222,139	0.01%
105	BOSTON SCIENTIFIC CORP	BSX	2,317	$220,926	0.01%
106	VANGUARD BD INDEX FDS	921937819	2,672	$208,074	0.01%
107	VANGUARD BD INDEX FDS	921937793	2,935	$204,025	0.01%
108	INTUIT	INTU	303	$200,979	0.01%