13F HOLDINGS REPORT
LFA - Lugano Financial Advisors SA
Quarter ended Q2 2025 · Filed August 7, 2025 · Accession 0001737871-25-000004
Total Value
$168.8M
Positions
245
Other Managers
0
Confidential Omitted
No
Holdings (245)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPDR S&P 500 ETF TR | SPY | 39,806 | $24.6M | 14.57% |
| 2 | ISHARES TR | 46435G516 | 229,552 | $20.5M | 12.14% |
| 3 | ISHARES TR | 46435G243 | 457,113 | $11.4M | 6.77% |
| 4 | SPDR GOLD TR | GLD | 28,797 | $8.8M | 5.20% |
| 5 | ISHARES TR | 464288638 | 88,195 | $4.7M | 2.76% |
| 6 | FIRST TR EXCHANGE-TRADED FD | 33741X102 | 126,939 | $4.5M | 2.65% |
| 7 | VANGUARD WHITEHALL FDS | 921946885 | 68,057 | $4.4M | 2.61% |
| 8 | FIRST TR EXCH TRADED FD III | 33739P103 | 64,285 | $4.3M | 2.52% |
| 9 | ISHARES TR | 464288653 | 40,677 | $4.1M | 2.43% |
| 10 | SPDR SERIES TRUST | 78464A151 | 124,430 | $4.0M | 2.39% |
| 11 | VANGUARD SCOTTSDALE FDS | 92206C409 | 48,006 | $3.8M | 2.24% |
| 12 | ISHARES TR | 46436E205 | 156,301 | $3.6M | 2.14% |
| 13 | NEW YORK LIFE INVESTMENTS ET | 45409B107 | 103,139 | $3.3M | 1.98% |
| 14 | MICROSOFT CORP | MSFT | 6,471 | $3.2M | 1.91% |
| 15 | VANGUARD SCOTTSDALE FDS | 92206C706 | 54,004 | $3.2M | 1.90% |
| 16 | SPDR INDEX SHS FDS | 78463X202 | 53,598 | $3.2M | 1.90% |
| 17 | SPDR SERIES TRUST | 78468R408 | 113,950 | $2.9M | 1.70% |
| 18 | ISHARES TR | 464287440 | 28,863 | $2.7M | 1.63% |
| 19 | FIRST TR EXCHANGE TRADED FD | 33734X846 | 36,186 | $2.7M | 1.62% |
| 20 | ISHARES TR | 464288679 | 24,893 | $2.7M | 1.62% |
| 21 | AMAZON COM INC | AMZN | 12,028 | $2.6M | 1.56% |
| 22 | ISHARES TR | 46435U515 | 91,368 | $2.3M | 1.37% |
| 23 | ISHARES TR | 464287457 | 23,366 | $1.9M | 1.14% |
| 24 | ISHARES TR | 46429B291 | 39,595 | $1.9M | 1.11% |
| 25 | ISHARES TR | 464287465 | 19,219 | $1.7M | 1.02% |
| 26 | ISHARES INC | 464286749 | 26,962 | $1.5M | 0.88% |
| 27 | INVESCO ACTVELY MNGD ETC FD | IVZ | 107,096 | $1.4M | 0.83% |
| 28 | VANECK ETF TRUST | 92189F106 | 26,352 | $1.4M | 0.81% |
| 29 | ISHARES TR | 46436E726 | 61,573 | $1.3M | 0.80% |
| 30 | INVESCO EXCHANGE TRADED FD T | IVZ | 17,575 | $1.2M | 0.72% |
| 31 | SPDR SERIES TRUST | 78464A359 | 13,981 | $1.2M | 0.68% |
| 32 | ISHARES TR | 464288281 | 11,734 | $1.1M | 0.64% |
| 33 | APPLE INC | AAPL | 4,762 | $977,020 | 0.58% |
| 34 | GLOBAL X FDS | 37954Y707 | 94,512 | $925,272 | 0.55% |
| 35 | VANGUARD WORLD FD | 92204A702 | 1,350 | $895,428 | 0.53% |
| 36 | SCHWAB STRATEGIC TR | 808524805 | 31,104 | $687,398 | 0.41% |
| 37 | VANGUARD WORLD FD | 92204A504 | 2,550 | $633,267 | 0.38% |
| 38 | ALPHABET INC | GOOG | 3,447 | $611,463 | 0.36% |
| 39 | ISHARES TR | 46435G334 | 13,769 | $546,905 | 0.32% |
| 40 | VANGUARD SCOTTSDALE FDS | 92206C813 | 7,266 | $545,932 | 0.32% |
| 41 | NVIDIA CORPORATION | NVDA | 3,346 | $528,635 | 0.31% |
| 42 | SELECT SECTOR SPDR TR | 81369Y704 | 3,500 | $516,320 | 0.31% |
| 43 | INVESCO EXCH TRADED FD TR II | IVZ | 11,497 | $513,571 | 0.30% |
| 44 | CATERPILLAR INC | CAT | 1,250 | $483,491 | 0.29% |
| 45 | JPMORGAN CHASE & CO. | VYLD | 1,584 | $457,016 | 0.27% |
| 46 | FIRST TR EXCH TRADED FD III | 33739P855 | 24,000 | $453,578 | 0.27% |
| 47 | VANGUARD BD INDEX FDS | 921937819 | 5,406 | $415,269 | 0.25% |
| 48 | ALPHABET INC | GOOG | 2,332 | $410,968 | 0.24% |
| 49 | VISA INC | V | 1,091 | $387,360 | 0.23% |
| 50 | SELECT SECTOR SPDR TR | 81369Y605 | 7,300 | $382,301 | 0.23% |
| 51 | KKR & CO INC | KKRT | 2,850 | $379,136 | 0.22% |
| 52 | ABBOTT LABS | ABLZF | 2,707 | $366,534 | 0.22% |
| 53 | META PLATFORMS INC | META | 473 | $349,117 | 0.21% |
| 54 | INVESCO EXCHANGE TRADED FD T | IVZ | 1,878 | $341,308 | 0.20% |
| 55 | SELECT SECTOR SPDR TR | 81369Y506 | 4,018 | $340,767 | 0.20% |
| 56 | SELECT SECTOR SPDR TR | 81369Y308 | 4,000 | $323,880 | 0.19% |
| 57 | ISHARES TR | 46434V886 | 6,868 | $304,638 | 0.18% |
| 58 | LITMAN GREGORY FDS TR | 53700T827 | 11,620 | $298,983 | 0.18% |
| 59 | BLACKSTONE INC | BX | 2,000 | $297,352 | 0.18% |
| 60 | SELECT SECTOR SPDR TR | 81369Y407 | 1,300 | $282,529 | 0.17% |
| 61 | VANGUARD INTL EQUITY INDEX F | 922042858 | 5,621 | $278,015 | 0.16% |
| 62 | ISHARES TR | 464287408 | 1,400 | $273,588 | 0.16% |
| 63 | BOOKING HOLDINGS INC | BKNG | 47 | $272,094 | 0.16% |
| 64 | ISHARES TR | 464288760 | 1,437 | $271,076 | 0.16% |
| 65 | COCA COLA CO | KO | 3,622 | $256,257 | 0.15% |
| 66 | ELECTRONIC ARTS INC | EA | 1,542 | $246,257 | 0.15% |
| 67 | ABBVIE INC | ABBV | 1,240 | $228,198 | 0.14% |
| 68 | ISHARES INC | 46434G764 | 3,547 | $223,958 | 0.13% |
| 69 | VANGUARD INDEX FDS | 922908629 | 800 | $223,864 | 0.13% |
| 70 | SPDR SERIES TRUST | 78464A334 | 7,987 | $223,402 | 0.13% |
| 71 | RESMED INC | RSMDF | 854 | $220,332 | 0.13% |
| 72 | SPDR DOW JONES INDL AVERAGE | 78467X109 | 500 | $220,236 | 0.13% |
| 73 | HONEYWELL INTL INC | 438516106 | 932 | $217,044 | 0.13% |
| 74 | BANK AMERICA CORP | 060505104 | 4,426 | $209,438 | 0.12% |
| 75 | VANGUARD WHITEHALL FDS | 921946406 | 1,555 | $207,297 | 0.12% |
| 76 | SELECT SECTOR SPDR TR | 81369Y803 | 813 | $205,876 | 0.12% |
| 77 | MASTERCARD INCORPORATED | MA | 364 | $204,270 | 0.12% |
| 78 | ISHARES TR | 464287655 | 918 | $198,095 | 0.12% |
| 79 | VANGUARD BD INDEX FDS | 921937835 | 2,622 | $191,805 | 0.11% |
| 80 | ISHARES TR | 464286178 | 3,847 | $176,327 | 0.10% |
| 81 | VANGUARD BD INDEX FDS | 921937827 | 2,246 | $175,614 | 0.10% |
| 82 | ISHARES TR | 464288802 | 1,343 | $170,225 | 0.10% |
| 83 | ZOETIS INC | ZTS | 1,027 | $159,627 | 0.09% |
| 84 | ISHARES TR | 464287200 | 257 | $159,571 | 0.09% |
| 85 | GRAYSCALE BITCOIN TRUST ETF | GBTC | 1,835 | $155,663 | 0.09% |
| 86 | MONDELEZ INTL INC | 609207105 | 2,300 | $155,112 | 0.09% |
| 87 | BROADCOM INC | AVGO | 556 | $153,261 | 0.09% |
| 88 | SPDR SERIES TRUST | 78464A391 | 7,185 | $152,325 | 0.09% |
| 89 | ISHARES TR | 464287556 | 1,200 | $151,812 | 0.09% |
| 90 | TESLA INC | TSLA | 476 | $151,206 | 0.09% |
| 91 | VANGUARD CHARLOTTE FDS | 92203J407 | 3,053 | $150,509 | 0.09% |
| 92 | FIRST TR EXCHANGE-TRADED FD | 33738D309 | 3,270 | $149,240 | 0.09% |
| 93 | VANGUARD INDEX FDS | 922908553 | 1,669 | $148,641 | 0.09% |
| 94 | MCDONALDS CORP | MCD | 500 | $146,085 | 0.09% |
| 95 | YUM BRANDS INC | YUM | 970 | $143,735 | 0.09% |
| 96 | SCHWAB STRATEGIC TR | 808524870 | 5,398 | $142,975 | 0.08% |
| 97 | ISHARES TR | 46435G532 | 1,810 | $137,307 | 0.08% |
| 98 | AMERICAN ELEC PWR CO INC | 025537101 | 1,322 | $137,171 | 0.08% |
| 99 | ISHARES TR | 46432F842 | 1,628 | $135,905 | 0.08% |
| 100 | ASTRAZENECA PLC | AZN | 1,900 | $132,772 | 0.08% |
| 101 | ISHARES GOLD TR | IAU | 2,071 | $129,148 | 0.08% |
| 102 | QUALCOMM INC | QCOM | 810 | $129,001 | 0.08% |
| 103 | ELI LILLY & CO | LLY | 161 | $125,504 | 0.07% |
| 104 | ALTRIA GROUP INC | MO | 2,100 | $123,123 | 0.07% |
| 105 | 3M CO | MMM | 800 | $121,792 | 0.07% |
| 106 | AUTODESK INC | ADSK | 383 | $118,565 | 0.07% |
| 107 | CITIGROUP INC | C-PR | 1,400 | $118,389 | 0.07% |
| 108 | VANGUARD INTL EQUITY INDEX F | 922042775 | 1,626 | $109,300 | 0.06% |
| 109 | ISHARES TR | 464288620 | 2,117 | $108,056 | 0.06% |
| 110 | COINBASE GLOBAL INC | COIN | 308 | $107,951 | 0.06% |
| 111 | VERIZON COMMUNICATIONS INC | VZ | 2,499 | $106,412 | 0.06% |
| 112 | INVESCO EXCH TRADED FD TR II | IVZ | 9,530 | $105,546 | 0.06% |
| 113 | EDWARDS LIFESCIENCES CORP | EW | 1,300 | $101,673 | 0.06% |
| 114 | ISHARES TR | 464288661 | 835 | $98,861 | 0.06% |
| 115 | ISHARES INC | 464286806 | 2,223 | $94,055 | 0.06% |
| 116 | GALLAGHER ARTHUR J & CO | 363576109 | 291 | $93,155 | 0.06% |
| 117 | SALESFORCE INC | CRM | 330 | $89,988 | 0.05% |
| 118 | PEPSICO INC | PEP | 672 | $88,731 | 0.05% |
| 119 | VANGUARD SCOTTSDALE FDS | 92206C664 | 1,000 | $87,220 | 0.05% |
| 120 | SELECT SECTOR SPDR TR | 81369Y852 | 801 | $86,933 | 0.05% |
| 121 | VANGUARD BD INDEX FDS | 921937793 | 1,230 | $84,849 | 0.05% |
| 122 | PHILIP MORRIS INTL INC | 718172109 | 460 | $83,780 | 0.05% |
| 123 | EXXON MOBIL CORP | XOM | 765 | $82,467 | 0.05% |
| 124 | THE CIGNA GROUP | 125523100 | 240 | $79,339 | 0.05% |
| 125 | CVS HEALTH CORP | CVS | 1,140 | $77,789 | 0.05% |
| 126 | MERCK & CO INC | MRK | 865 | $68,473 | 0.04% |
| 127 | ISHARES TR | 464287150 | 497 | $67,115 | 0.04% |
| 128 | CARRIER GLOBAL CORPORATION | CARR | 890 | $64,948 | 0.04% |
| 129 | NETFLIX INC | NFLX | 47 | $62,939 | 0.04% |
| 130 | WALMART INC | WMT | 636 | $62,188 | 0.04% |
| 131 | INTUITIVE SURGICAL INC | ISRG | 114 | $61,949 | 0.04% |
| 132 | PROCTER AND GAMBLE CO | 742718109 | 378 | $59,814 | 0.04% |
| 133 | SPDR SERIES TRUST | 78468R663 | 650 | $59,219 | 0.04% |
| 134 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 109 | $52,949 | 0.03% |
| 135 | INVESCO EXCH TRADED FD TR II | IVZ | 2,140 | $52,086 | 0.03% |
| 136 | GOLDMAN SACHS GROUP INC | GSCE | 72 | $50,958 | 0.03% |
| 137 | WELLS FARGO CO NEW | 949746101 | 635 | $50,876 | 0.03% |
| 138 | AT&T INC | T-PC | 1,745 | $50,002 | 0.03% |
| 139 | MARRIOTT INTL INC NEW | 571903202 | 182 | $49,724 | 0.03% |
| 140 | WISDOMTREE TR | WT | 1,022 | $49,179 | 0.03% |
| 141 | VANECK ETF TRUST | 92189F726 | 310 | $47,517 | 0.03% |
| 142 | VANECK ETF TRUST | 92189H607 | 200 | $46,058 | 0.03% |
| 143 | DEERE & CO | DE | 90 | $45,764 | 0.03% |
| 144 | FORTINET INC | FTNT | 426 | $45,037 | 0.03% |
| 145 | CHEVRON CORP NEW | CVX | 310 | $44,389 | 0.03% |
| 146 | ISHARES TR | 46434V407 | 1,040 | $44,348 | 0.03% |
| 147 | TOTALENERGIES SE | TTE | 700 | $42,973 | 0.03% |
| 148 | ISHARES INC | 46434G103 | 660 | $39,620 | 0.02% |
| 149 | ISHARES INC | 46434G822 | 524 | $39,284 | 0.02% |
| 150 | SERVICENOW INC | NOW | 36 | $37,011 | 0.02% |
| 151 | WISDOMTREE TR | WT | 320 | $36,566 | 0.02% |
| 152 | BAKER HUGHES COMPANY | BKR | 953 | $36,346 | 0.02% |
| 153 | HUNTINGTON BANCSHARES INC | HBANP | 2,060 | $34,526 | 0.02% |
| 154 | CISCO SYS INC | CSCO | 500 | $34,483 | 0.02% |
| 155 | LENNAR CORP | LEN-B | 309 | $34,030 | 0.02% |
| 156 | FIRST TR EXCHANGE TRADED FD | 33734X192 | 270 | $32,843 | 0.02% |
| 157 | INTERACTIVE BROKERS GROUP IN | 45841N107 | 576 | $31,916 | 0.02% |
| 158 | HOME DEPOT INC | HD | 87 | $31,898 | 0.02% |
| 159 | COSTCO WHSL CORP NEW | 22160K105 | 31 | $30,646 | 0.02% |
| 160 | ISHARES TR | 464288240 | 499 | $30,409 | 0.02% |
| 161 | ALIBABA GROUP HLDG LTD | BBAAY | 265 | $30,054 | 0.02% |
| 162 | RTX CORPORATION | RTX | 201 | $29,350 | 0.02% |
| 163 | INTEL CORP | INTC | 1,310 | $29,344 | 0.02% |
| 164 | ISHARES BITCOIN TRUST ETF | IBIT | 470 | $28,769 | 0.02% |
| 165 | ISHARES TR | 46432F834 | 369 | $28,527 | 0.02% |
| 166 | NIKE INC | NKE | 400 | $28,416 | 0.02% |
| 167 | FUTU HLDGS LTD | FUTU | 225 | $27,808 | 0.02% |
| 168 | KLA CORP | KLAC | 31 | $27,768 | 0.02% |
| 169 | ADOBE INC | ADBE | 71 | $27,468 | 0.02% |
| 170 | PALANTIR TECHNOLOGIES INC | PLTR | 200 | $27,264 | 0.02% |
| 171 | APPLOVIN CORP | APP | 75 | $26,256 | 0.02% |
| 172 | KINDER MORGAN INC DEL | EP-PC | 895 | $26,038 | 0.02% |
| 173 | UNITEDHEALTH GROUP INC | UNH | 80 | $24,958 | 0.01% |
| 174 | PFIZER INC | PFE | 1,000 | $23,829 | 0.01% |
| 175 | ORACLE CORP | ORCL-PD | 109 | $23,780 | 0.01% |
| 176 | NOVO-NORDISK A S | NONOF | 340 | $23,467 | 0.01% |
| 177 | ECOLAB INC | ECL | 87 | $23,441 | 0.01% |
| 178 | JOHNSON & JOHNSON | JNJ | 150 | $22,913 | 0.01% |
| 179 | SOUTHERN CO | SOMN | 246 | $22,590 | 0.01% |
| 180 | DANAHER CORPORATION | 235851102 | 110 | $21,729 | 0.01% |
| 181 | AMPHENOL CORP NEW | 032095101 | 220 | $21,725 | 0.01% |
| 182 | SCHWAB CHARLES CORP | SCHW-PJ | 235 | $21,441 | 0.01% |
| 183 | STARBUCKS CORP | SBUX | 226 | $20,708 | 0.01% |
| 184 | GLOBAL X FDS | 37954Y715 | 620 | $20,243 | 0.01% |
| 185 | DISNEY WALT CO | 254687106 | 157 | $19,470 | 0.01% |
| 186 | ISHARES TR | 464288687 | 641 | $19,453 | 0.01% |
| 187 | ADVANCED MICRO DEVICES INC | AMD | 135 | $19,157 | 0.01% |
| 188 | ISHARES TR | 464288513 | 239 | $19,088 | 0.01% |
| 189 | LULULEMON ATHLETICA INC | LULU | 78 | $18,531 | 0.01% |
| 190 | ISHARES INC | 464286392 | 108 | $18,293 | 0.01% |
| 191 | CORNING INC | GLW | 345 | $18,144 | 0.01% |
| 192 | CHIPOTLE MEXICAN GRILL INC | CMG | 323 | $18,136 | 0.01% |
| 193 | GRAYSCALE BITCOIN MINI TR ET | 389930207 | 365 | $17,429 | 0.01% |
| 194 | GE VERNOVA INC | GEV | 32 | $16,925 | 0.01% |
| 195 | GLOBAL X FDS | 37954Y871 | 435 | $16,882 | 0.01% |
| 196 | ANALOG DEVICES INC | ADI | 70 | $16,661 | 0.01% |
| 197 | WASTE MGMT INC DEL | 94106L109 | 72 | $16,475 | 0.01% |
| 198 | DBX ETF TR | 233051879 | 550 | $15,147 | 0.01% |
| 199 | PROGRESSIVE CORP | 743315103 | 54 | $14,405 | 0.01% |
| 200 | T-MOBILE US INC | TMUSZ | 59 | $14,057 | 0.01% |
| 201 | UBER TECHNOLOGIES INC | UBER | 146 | $13,622 | 0.01% |
| 202 | QUANTUMSCAPE CORP | QS | 2,000 | $13,440 | 0.01% |
| 203 | EOG RES INC | EOG | 106 | $12,575 | 0.01% |
| 204 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 55 | $12,457 | 0.01% |
| 205 | EBAY INC. | EBAY | 165 | $12,286 | 0.01% |
| 206 | VERALTO CORP | VLTO | 120 | $12,114 | 0.01% |
| 207 | VEEVA SYS INC | VEEV | 40 | $11,519 | 0.01% |
| 208 | IQVIA HLDGS INC | IQV | 71 | $11,189 | 0.01% |
| 209 | HUMANA INC | HUM | 45 | $11,002 | 0.01% |
| 210 | MCKESSON CORP | MCK | 15 | $10,992 | 0.01% |
| 211 | CSX CORP | CSX | 333 | $10,866 | 0.01% |
| 212 | ISHARES TR | 464287432 | 120 | $10,510 | 0.01% |
| 213 | VERTEX PHARMACEUTICALS INC | VRTX | 23 | $10,240 | 0.01% |
| 214 | COMCAST CORP NEW | CCZ | 286 | $10,115 | 0.01% |
| 215 | PROLOGIS INC. | PLDGP | 94 | $9,881 | 0.01% |
| 216 | FISERV INC | FISV | 53 | $9,138 | 0.01% |
| 217 | S&P GLOBAL INC | SPGI | 17 | $8,964 | 0.01% |
| 218 | WEC ENERGY GROUP INC | WEC | 85 | $8,857 | 0.01% |
| 219 | CORTEVA INC | CTVA | 117 | $8,720 | 0.01% |
| 220 | THERMO FISHER SCIENTIFIC INC | TMO | 21 | $8,515 | 0.01% |
| 221 | HERSHEY CO | HSY | 50 | $8,298 | 0.00% |
| 222 | WATERS CORP | 941848103 | 22 | $7,679 | 0.00% |
| 223 | OTIS WORLDWIDE CORP | OTIS | 75 | $7,427 | 0.00% |
| 224 | AUTOZONE INC | AZO | 2 | $7,424 | 0.00% |
| 225 | DOLLAR TREE INC | DLTR | 74 | $7,329 | 0.00% |
| 226 | DIGITAL RLTY TR INC | 253868103 | 42 | $7,322 | 0.00% |
| 227 | LABCORP HOLDINGS INC | LH | 27 | $7,088 | 0.00% |
| 228 | UNITED RENTALS INC | URI | 9 | $6,781 | 0.00% |
| 229 | AMEREN CORP | AEE | 64 | $6,147 | 0.00% |
| 230 | APPLIED MATLS INC | 038222105 | 28 | $5,126 | 0.00% |
| 231 | HUBSPOT INC | HUBS | 9 | $5,010 | 0.00% |
| 232 | BOOZ ALLEN HAMILTON HLDG COR | BAH | 48 | $4,998 | 0.00% |
| 233 | REGENERON PHARMACEUTICALS | REGN | 8 | $4,200 | 0.00% |
| 234 | HYATT HOTELS CORP | H | 27 | $3,771 | 0.00% |
| 235 | PACCAR INC | PCAR | 33 | $3,137 | 0.00% |
| 236 | SCHLUMBERGER LTD | SLB | 80 | $2,704 | 0.00% |
| 237 | HCA HEALTHCARE INC | HCA | 5 | $1,916 | 0.00% |
| 238 | COPART INC | CPRT | 31 | $1,521 | 0.00% |
| 239 | PNC FINL SVCS GROUP INC | 693475105 | 8 | $1,479 | 0.00% |
| 240 | OREILLY AUTOMOTIVE INC | 67103H107 | 15 | $1,352 | 0.00% |
| 241 | PALO ALTO NETWORKS INC | PANW | 6 | $1,228 | 0.00% |
| 242 | LAM RESEARCH CORP | LRCX | 10 | $973 | 0.00% |
| 243 | CENCORA INC | COR | 3 | $900 | 0.00% |
| 244 | GEN DIGITAL INC | GENVR | 20 | $588 | 0.00% |
| 245 | BRIGHT HORIZONS FAM SOL IN D | 109194100 | 4 | $494 | 0.00% |