13F HOLDINGS REPORT

LFA - Lugano Financial Advisors SA

Quarter ended Q1 2023 · Filed February 8, 2023 · Accession 0001737871-23-000001

Total Value

$134.9M

Positions

117

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (117)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	SPDR S&P 500 ETF TR	SPY	49,044	$18.8M	13.91%
2	FIRST TR EXCH TRADED FD III	33739P103	174,093	$8.5M	6.31%
3	VANGUARD SCOTTSDALE FDS	92206C409	108,480	$8.2M	6.05%
4	INVESCO ACTVELY MNGD ETC FD	IVZ	535,759	$7.9M	5.87%
5	ISHARES TR	464288281	71,562	$6.1M	4.49%
6	INDEXIQ ETF TR	45409B107	206,976	$5.9M	4.37%
7	ISHARES TR	464287440	56,396	$5.4M	4.01%
8	VANGUARD SCOTTSDALE FDS	92206C870	60,213	$4.7M	3.46%
9	ISHARES INC	46434G863	148,237	$4.5M	3.31%
10	DBX ETF TR	233051879	137,784	$3.9M	2.86%
11	ISHARES TR	464288661	30,996	$3.6M	2.64%
12	LISTED FD TR	53656F185	134,212	$3.4M	2.54%
13	SPDR GOLD TR	GLD	20,060	$3.4M	2.52%
14	ISHARES TR	464287457	41,323	$3.4M	2.49%
15	SPDR INDEX SHS FDS	78463X202	79,799	$3.1M	2.29%
16	FIRST TR EXCHANGE TRADED FD	33734X846	79,179	$3.1M	2.27%
17	SPDR SER TR	78468R408	114,530	$2.8M	2.06%
18	INVESCO EXCHANGE TRADED FD T	IVZ	286,399	$2.7M	2.00%
19	SELECT SECTOR SPDR TR	81369Y605	76,736	$2.6M	1.95%
20	ISHARES TR	464288224	127,629	$2.5M	1.88%
21	ISHARES TR	46429B291	43,439	$2.0M	1.49%
22	ISHARES TR	464288802	22,052	$1.8M	1.35%
23	ISHARES TR	464287465	27,625	$1.8M	1.34%
24	ISHARES TR	464287812	7,568	$1.5M	1.14%
25	SPDR SER TR	78464A359	20,593	$1.3M	0.98%
26	PIMCO ETF TR	72201R643	13,350	$1.3M	0.96%
27	MICROSOFT CORP	MSFT	5,348	$1.3M	0.95%
28	VANGUARD CHARLOTTE FDS	92203J407	25,681	$1.2M	0.90%
29	TAIWAN SEMICONDUCTOR MFG LTD	874039100	15,655	$1.2M	0.86%
30	NUSHARES ETF TR	NU	30,664	$1.1M	0.80%
31	AMAZON COM INC	AMZN	11,152	$936,768	0.69%
32	ISHARES TR	464288737	15,652	$933,485	0.69%
33	ISHARES TR	464287234	20,853	$790,329	0.59%
34	ISHARES TR	464289180	42,940	$752,738	0.56%
35	VANGUARD SCOTTSDALE FDS	92206C813	9,010	$682,147	0.51%
36	GLOBAL X FDS	37954Y707	51,241	$672,282	0.50%
37	SCHLUMBERGER LTD	SLB	12,323	$658,788	0.49%
38	VANGUARD BD INDEX FDS	921937835	7,648	$549,432	0.41%
39	INVESCO QQQ TR	IVZ	1,721	$458,268	0.34%
40	CVS HEALTH CORP	CVS	4,772	$444,703	0.33%
41	FIRST TR EXCH TRADED FD III	33739P855	24,000	$427,440	0.32%
42	INVESCO EXCH TRADED FD TR II	IVZ	11,497	$375,377	0.28%
43	ISHARES TR	464287721	4,940	$367,981	0.27%
44	ISHARES TR	46434V886	14,046	$367,443	0.27%
45	ISHARES TR	46435G334	11,949	$366,356	0.27%
46	ISHARES INC	464286749	8,306	$348,271	0.26%
47	INVESCO EXCH TRADED FD TR II	IVZ	15,477	$346,530	0.26%
48	JOHNSON & JOHNSON	JNJ	1,786	$315,497	0.23%
49	ISHARES TR	46435U440	5,959	$273,935	0.20%
50	BIOGEN INC	BIIB	880	$243,690	0.18%
51	SPDR DOW JONES INDL AVERAGE	78467X109	730	$241,871	0.18%
52	WELLS FARGO CO NEW	949746101	5,852	$241,629	0.18%
53	YUM CHINA HLDGS INC	YUMC	4,164	$227,563	0.17%
54	ISHARES INC	464286178	5,487	$227,156	0.17%
55	DOMINION ENERGY INC	D	3,486	$213,762	0.16%
56	ISHARES TR	464288687	6,786	$207,177	0.15%
57	ISHARES TR	464288513	2,786	$205,133	0.15%
58	ALPHABET INC	GOOG	2,320	$204,694	0.15%
59	WILLIAMS SONOMA INC	WSM	1,775	$203,983	0.15%
60	SPDR SER TR	78464A334	7,157	$193,668	0.14%
61	INVESCO EXCHANGE TRADED FD T	IVZ	5,000	$191,650	0.14%
62	VANGUARD INTL EQUITY INDEX F	922042874	3,358	$186,168	0.14%
63	CITIGROUP INC	C-PR	3,798	$171,784	0.13%
64	FIDELITY NATL INFORMATION SV	31620M106	2,265	$153,680	0.11%
65	PROSHARES TR	74348A608	5,028	$144,052	0.11%
66	UBER TECHNOLOGIES INC	UBER	5,665	$140,095	0.10%
67	SKYWORKS SOLUTIONS INC	SWKS	1,532	$139,611	0.10%
68	SALESFORCE INC	CRM	1,038	$137,628	0.10%
69	SPDR SER TR	78468R788	3,317	$131,287	0.10%
70	MERCK & CO INC	MRK	1,116	$123,820	0.09%
71	ISHARES TR	46435G532	1,250	$98,638	0.07%
72	FIRST TR STOXX EUROPEAN SELE	33735T109	8,332	$94,652	0.07%
73	APPLE INC	AAPL	715	$92,900	0.07%
74	META PLATFORMS INC	META	765	$92,060	0.07%
75	NVIDIA CORPORATION	NVDA	600	$87,684	0.07%
76	KELLOGG CO	BEKE	1,180	$84,063	0.06%
77	ABBVIE INC	ABBV	488	$78,866	0.06%
78	ISHARES INC	464286806	2,998	$74,141	0.05%
79	STARBUCKS CORP	SBUX	690	$68,448	0.05%
80	ISHARES TR	464288182	1,011	$65,503	0.05%
81	COSTCO WHSL CORP NEW	22160K105	141	$64,367	0.05%
82	VANECK ETF TRUST	92189F353	3,482	$63,407	0.05%
83	BRISTOL-MYERS SQUIBB CO	CELG-RI	863	$62,093	0.05%
84	PACCAR INC	PCAR	935	$61,691	0.05%
85	ISHARES TR	464287226	620	$60,134	0.04%
86	HOME DEPOT INC	HD	181	$57,171	0.04%
87	MORGAN STANLEY	MS-PQ	625	$53,138	0.04%
88	GLOBAL X FDS	37954Y780	1,830	$52,905	0.04%
89	TESLA INC	TSLA	429	$52,844	0.04%
90	GLOBAL X FDS	37954Y814	2,600	$50,050	0.04%
91	INVESCO EXCHANGE TRADED FD T	IVZ	1,040	$49,691	0.04%
92	PROCTER AND GAMBLE CO	742718109	327	$49,560	0.04%
93	BERKSHIRE HATHAWAY INC DEL	BRK-A	160	$49,424	0.04%
94	HONEYWELL INTL INC	438516106	227	$48,646	0.04%
95	FIRST TR EXCHANGE TRADED FD	33734X176	530	$48,522	0.04%
96	INVESCO EXCH TRADED FD TR II	IVZ	2,260	$46,398	0.03%
97	ABRDN INCOME CREDIT STRATEGI	ACP-PA	6,433	$43,616	0.03%
98	WISDOMTREE TR	WT	606	$42,396	0.03%
99	VANECK ETF TRUST	92189F486	1,354	$33,688	0.02%
100	ISHARES TR	464288240	724	$32,942	0.02%
101	GLOBAL X FDS	37954Y673	1,138	$30,146	0.02%
102	ISHARES SILVER TR	SLV	1,311	$28,868	0.02%
103	OTIS WORLDWIDE CORP	OTIS	360	$28,192	0.02%
104	WISDOMTREE TR	WT	380	$24,430	0.02%
105	BARCLAYS BANK PLC	VXZ	1,068	$20,693	0.02%
106	NIKE INC	NKE	158	$18,488	0.01%
107	AMPLIFY ETF TR	032108607	1,200	$18,144	0.01%
108	SPDR INDEX SHS FDS	78463X855	332	$17,403	0.01%
109	3M CO	MMM	127	$15,230	0.01%
110	VANECK ETF TRUST	92189F726	75	$11,981	0.01%
111	CORNING INC	GLW	345	$11,019	0.01%
112	VANGUARD INTL EQUITY INDEX F	922042858	264	$10,291	0.01%
113	GLOBAL X FDS	37954Y871	435	$8,735	0.01%
114	BLOCK INC	BSQKZ	115	$7,227	0.01%
115	GEVO INC	GEVO	1,500	$2,850	0.00%
116	CISCO SYS INC	CSCO	1	$48	0.00%
117	AT&T INC	T-PC	2	$37	0.00%