13F HOLDINGS REPORT

Madrona Financial Services, LLC

Quarter ended Q2 2025 · Filed July 18, 2025 · Accession 0001578370-25-000005

Total Value

$417.0M

Positions

114

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (114)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES TR	464287200	88,988	$55.3M	13.25%
2	INVESCO QQQ TR	IVZ	74,863	$41.3M	9.90%
3	MICROSOFT CORP	MSFT	67,983	$33.8M	8.11%
4	BLACKROCK ETF TRUST	BLK	482,562	$26.3M	6.30%
5	NORTHERN LTS FD TR IV	NTRSO	425,082	$24.7M	5.92%
6	FIRST TR EXCHANGE TRADED FD	33738R605	389,600	$23.1M	5.54%
7	ETF SER SOLUTIONS	26922A420	160,385	$14.7M	3.53%
8	GLOBAL X FDS	37954Y632	317,982	$13.9M	3.33%
9	VANGUARD BD INDEX FDS	921937835	169,946	$12.5M	3.00%
10	PACER FDS TR	69374H881	219,799	$12.1M	2.90%
11	ISHARES TR	464288240	193,407	$11.8M	2.83%
12	INVESCO EXCHANGE TRADED FD T	IVZ	116,068	$11.4M	2.73%
13	SPDR SERIES TRUST	78464A870	125,693	$10.4M	2.50%
14	VANGUARD INDEX FDS	922908751	41,513	$9.8M	2.36%
15	APPLE INC	AAPL	38,885	$8.0M	1.91%
16	VANECK ETF TRUST	92189F676	26,942	$7.5M	1.80%
17	ISHARES INC	46434G103	118,064	$7.1M	1.70%
18	FIRST TR EXCHNG TRADED FD VI	33740F755	207,514	$6.6M	1.58%
19	COSTCO WHSL CORP NEW	22160K105	5,766	$5.7M	1.37%
20	SILA REALTY TRUST INC	SILA	191,543	$4.5M	1.09%
21	J P MORGAN EXCHANGE TRADED F	46641Q332	79,103	$4.5M	1.08%
22	NORTHERN LTS FD TR IV	NTRSO	318,485	$4.5M	1.07%
23	ISHARES TR	464288257	34,683	$4.5M	1.07%
24	ISHARES TR	464287309	32,539	$3.6M	0.86%
25	VANGUARD INDEX FDS	922908769	11,653	$3.5M	0.85%
26	SPDR S&P 500 ETF TR	SPY	5,062	$3.1M	0.75%
27	BERKSHIRE HATHAWAY INC DEL	BRK-A	6,294	$3.1M	0.73%
28	ISHARES TR	464287226	30,210	$3.0M	0.72%
29	NVIDIA CORPORATION	NVDA	15,272	$2.4M	0.58%
30	AMAZON COM INC	AMZN	9,322	$2.0M	0.49%
31	BOEING CO	BA-PA	8,609	$1.8M	0.43%
32	COASTAL FINL CORP WA	19046P209	18,465	$1.8M	0.43%
33	VANGUARD INDEX FDS	922908363	2,629	$1.5M	0.36%
34	ALPHABET INC	GOOG	8,072	$1.4M	0.34%
35	FIRST TR EXCHNG TRADED FD VI	33740U612	41,182	$1.3M	0.32%
36	CHEVRON CORP NEW	CVX	9,033	$1.3M	0.31%
37	STARBUCKS CORP	SBUX	12,118	$1.1M	0.27%
38	INVESCO EXCHANGE TRADED FD T	IVZ	21,140	$1.1M	0.26%
39	TESLA INC	TSLA	3,439	$1.1M	0.26%
40	HOME DEPOT INC	HD	2,860	$1.0M	0.25%
41	FIRST TR EXCHANGE TRADED FD	33738R118	11,267	$1.0M	0.24%
42	INVESCO EXCH TRADED FD TR II	IVZ	4,004	$909,308	0.22%
43	META PLATFORMS INC	META	1,222	$902,277	0.22%
44	PACCAR INC	PCAR	9,352	$889,034	0.21%
45	ALPHABET INC	GOOG	4,926	$873,810	0.21%
46	BERKSHIRE HATHAWAY INC DEL	BRK-A	1	$728,800	0.17%
47	FIRST TR EXCHNG TRADED FD VI	33740F771	15,768	$703,954	0.17%
48	FISERV INC	FISV	3,893	$671,192	0.16%
49	FIRST TR EXCHNG TRADED FD VI	33740F482	16,039	$624,719	0.15%
50	FIRST TR EXCHNG TRADED FD VI	33740F458	15,173	$581,269	0.14%
51	CISCO SYS INC	CSCO	8,294	$575,438	0.14%
52	DIMENSIONAL ETF TRUST	25434V401	8,547	$572,820	0.14%
53	VANECK ETF TRUST	92189F460	26,759	$561,671	0.13%
54	BROADCOM INC	AVGO	2,034	$560,672	0.13%
55	THE CIGNA GROUP	125523100	1,690	$558,680	0.13%
56	ISHARES TR	464287168	4,174	$554,349	0.13%
57	INNOVATOR ETFS TRUST	INHD	30,071	$530,143	0.13%
58	GLOBAL X FDS	37954Y657	28,149	$530,046	0.13%
59	FIRST TR EXCHNG TRADED FD VI	33740U679	14,515	$510,288	0.12%
60	HOWMET AEROSPACE INC	HWM	2,700	$502,551	0.12%
61	ABBVIE INC	ABBV	2,704	$501,916	0.12%
62	ADVANCED MICRO DEVICES INC	AMD	3,535	$501,617	0.12%
63	VANGUARD WHITEHALL FDS	921946406	3,665	$488,643	0.12%
64	VANGUARD SPECIALIZED FUNDS	921908844	2,146	$439,222	0.11%
65	FIDELITY COVINGTON TRUST	31609A305	11,706	$433,471	0.10%
66	SPDR GOLD TR	GLD	1,400	$426,762	0.10%
67	JPMORGAN CHASE & CO.	VYLD	1,469	$425,952	0.10%
68	UNION PAC CORP	UNP	1,753	$403,330	0.10%
69	ABACUS FCF ETF TR	89628W302	5,678	$401,775	0.10%
70	PROCTER AND GAMBLE CO	742718109	2,450	$390,334	0.09%
71	LOCKHEED MARTIN CORP	LMT	834	$386,259	0.09%
72	FIRST TR EXCHNG TRADED FD VI	33740U497	11,853	$373,725	0.09%
73	ISHARES TR	46435G250	7,694	$365,273	0.09%
74	AUTOMATIC DATA PROCESSING IN	ADP	1,148	$354,043	0.08%
75	DIGITAL RLTY TR INC	253868103	1,999	$348,486	0.08%
76	VISA INC	V	966	$342,978	0.08%
77	FIRST TR EXCHNG TRADED FD VI	33740U521	10,880	$342,067	0.08%
78	MCDONALDS CORP	MCD	1,092	$319,050	0.08%
79	SOUTHERN CO	SOMN	3,353	$307,906	0.07%
80	WELLS FARGO CO NEW	949746101	3,830	$306,884	0.07%
81	BANK AMERICA CORP	060505104	6,467	$306,041	0.07%
82	ELI LILLY & CO	LLY	389	$303,237	0.07%
83	ISHARES TR	464287523	1,209	$288,599	0.07%
84	INVESCO EXCH TRADED FD TR II	IVZ	24,846	$276,536	0.07%
85	FIRST TR EXCHNG TRADED FD VI	33740F441	6,981	$273,329	0.07%
86	FIRST TR EXCHNG TRADED FD VI	33740U661	7,020	$271,604	0.07%
87	SALESFORCE INC	CRM	995	$271,327	0.07%
88	FIRST TR EXCHNG TRADED FD VI	33740U653	7,308	$270,359	0.06%
89	FIRST TR EXCHNG TRADED FD VI	33740F805	5,980	$262,462	0.06%
90	ISHARES U S ETF TR	46431W507	5,135	$262,399	0.06%
91	APPLIED MATLS INC	038222105	1,361	$249,158	0.06%
92	ISHARES TR	464287507	3,983	$247,018	0.06%
93	ISHARES TR	464288448	7,152	$246,816	0.06%
94	TRAVELERS COMPANIES INC	TRV	912	$243,996	0.06%
95	ISHARES TR	464287804	2,217	$242,346	0.06%
96	ISHARES TR	464287432	2,737	$241,540	0.06%
97	VANGUARD TAX-MANAGED FDS	921943858	4,128	$235,337	0.06%
98	ABBOTT LABS	ABLZF	1,726	$234,753	0.06%
99	ALIBABA GROUP HLDG LTD	BBAAY	1,995	$226,253	0.05%
100	PAYCHEX INC	PAYX	1,549	$225,318	0.05%
101	WALMART INC	WMT	2,297	$224,601	0.05%
102	IDEXX LABS INC	45168D104	417	$223,654	0.05%
103	AFLAC INC	AFL	2,102	$221,677	0.05%
104	FIRST TR EXCHNG TRADED FD VI	33740U570	6,580	$214,146	0.05%
105	PAYPAL HLDGS INC	PYPL	2,836	$210,772	0.05%
106	MARATHON PETE CORP	MARA	1,266	$210,295	0.05%
107	FIRST TR EXCHNG TRADED FD VI	33740U737	5,305	$206,842	0.05%
108	QUALCOMM INC	QCOM	1,296	$206,401	0.05%
109	ENERGY TRANSFER L P	ET-PI	11,274	$204,402	0.05%
110	FIRST TR EXCHNG TRADED FD VI	33740U372	6,704	$202,930	0.05%
111	EATON VANCE CALIF MUN BD FD	ETN	10,745	$95,845	0.02%
112	CRONOS GROUP INC	CRON	50,000	$95,500	0.02%
113	USIO INC	USIO	34,080	$52,142	0.01%
114	TILRAY BRANDS INC	TLRY	100,000	$41,440	0.01%