Institutional Manager · CIK 0001578370
Madrona Financial Services, LLC
EVERETT, WA · File #028-16498
Latest AUM
$468.0M
Positions
128
Top-10 Concentration
63.8%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | MICROSOFT CORP | MSFT | -6,314 | -$3.1M | -$2.2M |
| NEW | RED VIOLET INC | RDVT | +36,768 | +$2.1M | $0 |
| NEW | BLUEROCK PVT REAL ESTATE FD | 09631P102 | +125,293 | +$1.9M | $0 |
| REDUCE | COASTAL FINL CORP WA | 19046P209 | -13,600 | -$1.6M | +$118,544 |
| NEW | FIRST TR EXCHNG TRADED FD VI | 33740F839 | +31,081 | +$1.5M | $0 |
| ADD | VANGUARD INDEX FDS | 922908769 | +4,524 | +$1.5M | +$82,936 |
| NEW | FIRST TR EXCHNG TRADED FD VI | 33740F672 | +17,238 | +$763,471 | $0 |
| REDUCE | INVESCO QQQ TR | IVZ | -1,236 | -$759,284 | +$1.0M |
| NEW | ALPS ETF TR | 00162Q452 | +13,080 | +$615,022 | $0 |
| NEW | FIRST TR EXCHNG TRADED FD VI | 33740F136 | +18,531 | +$605,143 | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025128 pos · $468.0M
- 13F HOLDINGS REPORTQ/E Sep 2025121 pos · $453.3M
- 13F HOLDINGS REPORTQ/E Jun 2025114 pos · $417.0M
- 13F HOLDINGS REPORTQ/E Mar 2025109 pos · $363.7M
- 13F HOLDINGS REPORTQ/E Dec 2024110 pos · $367.2M
- 13F HOLDINGS REPORTQ/E Sep 2024113 pos · $359.8M
- 13F HOLDINGS REPORTQ/E Jun 2024100 pos · $325.5M
- 13F HOLDINGS REPORTQ/E Mar 202499 pos · $287.2M
- 13F HOLDINGS REPORTQ/E Dec 202394 pos · $219.0M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 464287200 | 90,207 | $61.8M | 14.07% |
| 2 | INVESCO QQQ TR | IVZ | 72,973 | $44.8M | 10.21% |
| 3 | BLACKROCK ETF TRUST | BLK | 490,220 | $29.8M | 6.79% |
| 4 | MICROSOFT CORP | MSFT | 58,812 | $28.4M | 6.48% |
| 5 | NORTHERN LTS FD TR IV | NTRSO | 427,232 | $27.6M | 6.28% |
| 6 | FIRST TR EXCHANGE TRADED FD | 33738R605 | 401,734 | $25.3M | 5.76% |
| 7 | ETF SER SOLUTIONS | 26922A420 | 157,187 | $17.2M | 3.93% |
| 8 | GLOBAL X FDS | 37954Y632 | 317,437 | $16.1M | 3.68% |
| 9 | SPDR SERIES TRUST | 78464A870 | 126,951 | $15.5M | 3.53% |
| 10 | PACER FDS TR | 69374H881 | 223,104 | $13.4M | 3.06% |
| 11 | ISHARES TR | 464288240 | 196,595 | $13.2M | 3.01% |
| 12 | VANGUARD BD INDEX FDS | 921937835 | 175,602 | $13.0M | 2.96% |
| 13 | INVESCO EXCHANGE TRADED FD T | IVZ | 120,448 | $12.3M | 2.81% |
| 14 | VANGUARD INDEX FDS | 922908751 | 42,603 | $11.0M | 2.50% |
| 15 | APPLE INC | AAPL | 38,645 | $10.5M | 2.39% |
| 16 | VANECK ETF TRUST | 92189F676 | 26,261 | $9.5M | 2.15% |
| 17 | ISHARES INC | 46434G103 | 123,313 | $8.3M | 1.89% |
| 18 | FIRST TR EXCHNG TRADED FD VI | 33740F755 | 212,427 | $7.3M | 1.66% |
| 19 | VANGUARD INDEX FDS | 922908769 | 16,224 | $5.4M | 1.24% |
| 20 | COSTCO WHSL CORP NEW | 22160K105 | 5,760 | $5.0M | 1.13% |