Ciovacco Capital Management LLC

Registered adviser

CIK

1653012

Location

ATLANTA, GA

Portfolio Value

Small $224,737,946

Diversification

Moderately concentrated

Filing Date

Global Rank

#6,143 / 8,827 ▲ 448

Top Industry

Semiconductors 53.3%

Period ended 4 months ago

Filed Aug 7, 2026 · 3mo

23 quarters · since Dec 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 125071

Roster of Nov 1, 2026

Regulatory AUM

$217,305,940

Main clients

Individuals and high net worth (95% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$217,305,940	Individuals and high net worth (95%)
Apr 2025 to Mar 2026	$183,725,823	Individuals and high net worth (97%)
Apr 2024 to Mar 2025	$155,241,013	Individuals and high net worth (97%)
May 2023 to Mar 2024	$141,504,943	Individuals and high net worth (96%)
Apr 2023	$141,504,943	Individuals and high net worth (96%)
Feb 2022 to Mar 2023	$174,845,591	Individuals and high net worth (96%)

1 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 90.8% of the book (60%+)

Turnover

Low turnover

8.4% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 12.1 quarters (12+)

Closest benchmark: every 13F filer's combined book, active share 92.5%; sector active share 86.0% against the combined 13F book's sector weights.

Over time 23 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

35 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

38.4%

−4.7 pts

Top 5

77.1%

−4.3 pts

Top 10

90.8%

−2.8 pts

HHI

1,923

Moderately concentrated−373

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	98.9%	$222,321,404	29
Technology	0.8%	$1,789,764	4
Communication Services	0.2%	$341,288	1
Industrials	0.1%	$285,490	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

16 positions

Ticker	Company	Δ Shares	Shares	Value
VUG	VANGUARD GROWTH INDEX FUND	+57,672	69,584	$5,993,965
DTCR	Global X Data Center & Digital Infrastructure ETF	+54,250	74,854	$2,273,315
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	+39,508	45,214	$5,403,977
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	+38,398	67,618	$12,882,581
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	+5,800	221,949	$26,409,711
VOO	VANGUARD 500 INDEX FUND	+1,997	116,864	$80,263,363
AIQ	Global X Artificial Intelligence & Technology ETF	+1,167	13,731	$900,890
SMH	VanEck Semiconductor ETF	+928	10,496	$6,884,221
XME	State Street(R) SPDR(R) S&P(R) Metals & Mining ETF	+662	13,122	$1,403,135
IYW	iShares, Inc.	+186	25,866	$6,524,181
FTEC	Fidelity MSCI Information Technology Index ETF	+121	13,311	$3,801,355
QQQ	Invesco Qqq Trust, Series 1	+98	21,229	$15,633,035
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	+73	5,566	$1,030,990
FNDF	Schwab Fundamental International Equity ETF	+28	45,925	$2,423,003
RSP	Victory Portfolios II	+28	12,836	$2,731,115
GOOGL	Alphabet Inc.	+1	955	$341,288
No positions match the current search.

Trimmed

Positions the filer reduced

6 positions

Ticker	Company	Δ Shares	Shares	Value
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	−2,942	54,106	$5,796,375
GLD	Spdr Gold Trust	−1,305	12,151	$4,476,185
SPY	Spdr S&P 500 ETF Trust	−534	28,159	$21,028,296
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	−468	17,149	$1,507,054
ITA	iShares U.S. Aerospace & Defense ETF	−355	9,145	$2,216,930
ONEQ	Fidelity Nasdaq Composite Index ETF	−9	11,452	$1,182,075
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	48,578	$2,447,845
EMXC	iShares MSCI Emerging Markets ex China ETF	21,194	$2,168,146
PAVE	Global X U.S. Infrastructure Development ETF	36,178	$2,131,607
EWY	iShares Trust	8,815	$1,779,748
XTL	State Street(R) SPDR(R) S&P(R) Telecom ETF	5,861	$1,333,318
DXJ	WisdomTree Japan Hedged Equity Fund	6,203	$1,076,344
MU	Micron Technology Inc	261	$301,269
GLW	Corning Inc	834	$213,028
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
IVVD	Invivyd, Inc.	27,932	$36,311
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

35 tracked positions · $224,737,946 total · filing declares 35 positions · $224,732,806 · as of Jun 30, 2026

All sectors Communication Services Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
VOO	VANGUARD 500 INDEX FUND	Added	116,864	+1,997	$80,263,363	+16.9%	14	unpriced	35.71%
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	Added	221,949	+5,800	$26,409,711	+24.8%	5	$86.47	11.75%
SPY	Spdr S&P 500 ETF Trust	Reduced	28,159	-534	$21,028,296	+12.7%	19	$422.53	9.36%
QQQ	Invesco Qqq Trust, Series 1	Added	21,229	+98	$15,633,035	+28.2%	14	$429.43	6.96%
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	Added	67,618	+38,398	$12,882,581	+231.7%	14	unpriced	5.73%
SMH	VanEck Semiconductor ETF	Added	10,496	+928	$6,884,221	+87.7%	14	unpriced	3.06%
IYW	iShares, Inc.	Added	25,866	+186	$6,524,181	+40.0%	13	$117.97	2.90%
VUG	VANGUARD GROWTH INDEX FUND	Added	69,584	+57,672	$5,993,965	+15.2%	14	unpriced	2.67%
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	Reduced	54,106	-2,942	$5,796,375	−8.3%	11	unpriced	2.58%
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	Added	45,214	+39,508	$5,403,977	+35.7%	14	unpriced	2.40%
GLD	Spdr Gold Trust	Reduced	12,151	-1,305	$4,476,185	−22.7%	18	$236.04	1.99%
FTEC	Fidelity MSCI Information Technology Index ETF	Added	13,311	+121	$3,801,355	+38.5%	5	$173.83	1.69%
RSP	Victory Portfolios II	Added	12,836	+28	$2,731,115	+11.1%	23	before history	1.22%
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	NEW	48,578	NEW	$2,447,845	NEW	1	$49.57	1.09%
FNDF	Schwab Fundamental International Equity ETF	Added	45,925	+28	$2,423,003	+7.9%	2	$48.99	1.08%
DTCR	Global X Data Center & Digital Infrastructure ETF	Added	74,854	+54,250	$2,273,315	+360.5%	2	unpriced	1.01%
ITA	iShares U.S. Aerospace & Defense ETF	Reduced	9,145	-355	$2,216,930	+6.7%	2	unpriced	0.99%
EMXC	iShares MSCI Emerging Markets ex China ETF	NEW	21,194	NEW	$2,168,146	NEW	1	$94.36	0.96%
PAVE	Global X U.S. Infrastructure Development ETF	NEW	36,178	NEW	$2,131,607	NEW	1	unpriced	0.95%
EWY	iShares Trust	NEW	8,815	NEW	$1,779,748	NEW	1	unpriced	0.79%
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	Reduced	17,149	-468	$1,507,054	+11.8%	23	before history	0.67%
XME	State Street(R) SPDR(R) S&P(R) Metals & Mining ETF	Added	13,122	+662	$1,403,135	+4.3%	2	$116.86	0.62%
XTL	State Street(R) SPDR(R) S&P(R) Telecom ETF	NEW	5,861	NEW	$1,333,318	NEW	1	$222.45	0.59%
ONEQ	Fidelity Nasdaq Composite Index ETF	Reduced	11,452	-9	$1,182,075	+21.5%	5	$72.09	0.53%
DXJ	WisdomTree Japan Hedged Equity Fund	NEW	6,203	NEW	$1,076,344	NEW	1	$168.07	0.48%
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	Added	5,566	+73	$1,030,990	+16.1%	14	unpriced	0.46%
NVDA	Nvidia Corp Technology	Held	4,937	0	$987,844	+14.7%	5	$125.85	0.44%
AIQ	Global X Artificial Intelligence & Technology ETF	Added	13,731	+1,167	$900,890	+53.6%	2	unpriced	0.40%
IVV	iShares Core S&P 500 ETF	Held	459	0	$343,740	+14.6%	4	unpriced	0.15%
GOOGL	Alphabet Inc. Communication Services	Added	955	+1	$341,288	+24.4%	4	$209.70	0.15%
MU	Micron Technology Inc Technology	NEW	261	NEW	$301,269	NEW	1	$749.89	0.13%
AAPL	Apple Inc. Technology	Held	994	0	$287,623	+14.0%	3	$268.45	0.13%
GEV	GE Vernova Inc. Industrials	Held	243	0	$285,490	+34.6%	2	$780.19	0.13%
GRW	TCW Durable Growth ETF	Held	8,530	0	$274,904	+17.2%	9	$33.32	0.12%
GLW	Corning Inc Technology	NEW	834	NEW	$213,028	NEW	1	$181.94	0.09%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.