Madrid Financial Services

Registered adviser

CIK

2135336

Location

MANHATTAN BEACH, CA

Portfolio Value

Small $128,509,668

Diversification

Moderately concentrated

Filing Date

Global Rank

#6,692 / 8,827 ▲ 123 · as of Jun 2026

Top Industry

Semiconductors 42.3%

Period ended 38 days ago

Filed Nov 3, 2026 · 4d

8 quarters · since Dec 2024

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 172464

Roster of Nov 1, 2026

Regulatory AUM

$184,242,890

Main clients

Individuals and high net worth (100% of AUM)

Portfolio style

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

Style

Concentrated

The top 10 positions are 99.2% of the book (60%+)

Turnover

Medium turnover

58.5% over the last four quarters (30% to under 100%)

Horizon

Medium horizon

Value-weighted holding period 4.8 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 93.4%; sector active share 86.7% against the combined 13F book's sector weights.

Over time 7 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

25 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

26.2%

+4.9 pts

Top 5

84.0%

+8.8 pts

Top 10

99.6%

+0.4 pts

HHI

1,666

Moderately concentrated+305

Portfolio Trend

8 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	99.3%	$127,634,254	21
Technology	0.3%	$370,660	1
Consumer Cyclical	0.2%	$286,522	1
Consumer Defensive	0.2%	$218,232	1
Financial Services	0.0%	$0	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

5 positions

Ticker	Company	Δ Shares	Shares	Value
—		+8,380	314,156	$0
—		+2,090	30,468	$0
IWM	iShares Russell 2000 ETF	+413	24,851	$6,905,844
SPY	Spdr S&P 500 ETF Trust	+23	13,392	$10,213,140
AOM	iShares Core 40/60 Moderate Allocation ETF	+19	4,758	$231,904
No positions match the current search.

Trimmed

Positions the filer reduced

12 positions

Ticker	Company	Δ Shares	Shares	Value
EWY	iShares Trust	−20,006	55,557	$0
PPA	Victory Portfolios II	−5,860	49,831	$0
MLPA	Global X MLP ETF	−4,457	484,213	$25,779,500
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	−2,569	187,980	$11,491,217
MLPX	Global X MLP and Energy Infrastructure ETF	−2,125	113,692	$7,937,975
DTH	WisdomTree International High Dividend Fund	−1,984	144,916	$8,087,761
IEFA	iShares Core MSCI EAFE ETF	−1,807	89,731	$8,693,139
BSVO	EA Bridgeway Omni Small-Cap Value ETF	−915	18,790	$525,349
DXJ	WisdomTree Japan Hedged Equity Fund	−538	60,625	$10,945,837
QQQ	Invesco Qqq Trust, Series 1	−365	17,664	$13,067,297
—		−53	22,456	$0
IJH	iShares Core S&P Mid-Cap ETF	−10	108,837	$7,830,822
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	50,776	$8,551,693
KRE	State Street(R) SPDR(R) S&P(R) Regional Banking ETF	101,184	$7,026,216
SPHD	Invesco Ltd.	181,000	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
GDX	VanEck Gold Miners ETF	158,703	$11,974,141
NLR	VanEck Uranium and Nuclear ETF	67,263	$7,801,162
REMX	VanEck Rare Earth and Strategic Metals ETF	46,281	$4,095,868
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	2,375	$259,041
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

25 tracked positions · $128,509,668 total · filing declares 25 positions · $180,856,092 · as of Sep 30, 2026

All sectors Consumer Cyclical Consumer Defensive Financial Services Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MLPA	Global X MLP ETF	Reduced	484,213	-4,457	$25,779,500	−0.6%	20.06%
QQQ	Invesco Qqq Trust, Series 1	Reduced	17,664	-365	$13,067,297	−1.6%	10.17%
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	Reduced	187,980	-2,569	$11,491,217	−0.8%	8.94%
DXJ	WisdomTree Japan Hedged Equity Fund	Reduced	60,625	-538	$10,945,837	+3.1%	8.52%
SPY	Spdr S&P 500 ETF Trust	Added	13,392	+23	$10,213,140	+2.3%	7.95%
IEFA	iShares Core MSCI EAFE ETF	Reduced	89,731	-1,807	$8,693,139	−1.7%	6.76%
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	NEW	50,776	NEW	$8,551,693	NEW	6.65%
DTH	WisdomTree International High Dividend Fund	Reduced	144,916	-1,984	$8,087,761	+1.7%	6.29%
MLPX	Global X MLP and Energy Infrastructure ETF	Reduced	113,692	-2,125	$7,937,975	−7.0%	6.18%
IJH	iShares Core S&P Mid-Cap ETF	Reduced	108,837	-10	$7,830,822	−6.7%	6.09%
KRE	State Street(R) SPDR(R) S&P(R) Regional Banking ETF	NEW	101,184	NEW	$7,026,216	NEW	5.47%
IWM	iShares Russell 2000 ETF	Added	24,851	+413	$6,905,844	−5.9%	5.37%
BSVO	EA Bridgeway Omni Small-Cap Value ETF	Reduced	18,790	-915	$525,349	−8.7%	0.41%
NVDA	Nvidia Corp Technology	Held	1,623	0	$370,660	+14.1%	0.29%
FELC	Fidelity Enhanced Large Cap Core ETF	Held	8,000	0	$346,560	+3.4%	0.27%
AMZN	Amazon Com Inc Consumer Cyclical	Held	1,150	0	$286,522	+4.5%	0.22%
AOM	iShares Core 40/60 Moderate Allocation ETF	Added	4,758	+19	$231,904	−1.9%	0.18%
WMT	Walmart Inc. Consumer Defensive	Held	2,100	0	$218,232	−8.2%	0.17%
PPA	Victory Portfolios II	Reduced	49,831	-5,860	$0	−100.0%	0.00%
		Held	4,054	0	$0	−100.0%	0.00%
SPHD	Invesco Ltd. Financial Services	NEW	181,000	NEW	$0	NEW	0.00%
		Added	30,468	+2,090	$0	−100.0%	0.00%
		Reduced	22,456	-53	$0	−100.0%	0.00%
		Added	314,156	+8,380	$0	−100.0%	0.00%
EWY	iShares Trust	Reduced	55,557	-20,006	$0	−100.0%	0.00%

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.