Latest LFA - Lugano Financial Advisors SA Stock Portfolio

LFA - Lugano Financial Advisors SA Performance:

2025 Q3: 3%YTD: 379.84%2024: 6.95%

Performance for 2025 Q3 is 3%, and YTD is 379.84%, and 2024 is 6.95%.

About LFA - Lugano Financial Advisors SA and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, LFA - Lugano Financial Advisors SA reported an equity portfolio of $189.7 Millions as of 30 Sep, 2025.

The top stock holdings of LFA - Lugano Financial Advisors SA are SPY, AGT, AGT. The fund has invested 14.2% of it's portfolio in SPDR S&P 500 ETF TR and 11.2% of portfolio in ISHARES TR.

The fund managers got completely rid off ISHARES TR (AAXJ), GLOBAL X FDS (AGNG) and EDWARDS LIFESCIENCES CORP (EW) stocks. They significantly reduced their stock positions in VANGUARD BD INDEX FDS (BIV), LITMAN GREGORY FDS TR (DBEH) and UNITEDHEALTH GROUP INC (UNH). LFA - Lugano Financial Advisors SA opened new stock positions in SCHWAB STRATEGIC TR (FNDA), ISHARES TR (DMXF) and INVESCO QQQ TR (QQQ). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES INC (ACWV), ANALOG DEVICES INC (ADI) and ISHARES GOLD TR (IAU).

LFA - Lugano Financial Advisors SA Annual Return Estimates Vs S&P 500

Our best estimate is that LFA - Lugano Financial Advisors SA made a return of 3% in the last quarter. In trailing 12 months, it's portfolio return was 382.15%.

New Buys

Ticker	$ Bought
schwab strategic tr	7,734,730
ishares tr	4,034,610
invesco qqq tr	2,773,110
global x fds	1,003,240
ishares silver tr	62,496
ishares inc	54,507
ishares tr	40,050
ishares ethereum tr	17,331

New stocks bought by LFA - Lugano Financial Advisors SA

Additions

Ticker	% Inc.
ishares inc	454
analog devices inc	92.86
ishares gold tr	77.89
global x fds	75.00
advanced micro devices inc	74.07
uber technologies inc	71.92
ishares bitcoin trust etf	71.28
vanguard intl equity index f	64.82

Additions to existing portfolio by LFA - Lugano Financial Advisors SA

Reductions

Ticker	% Reduced
vanguard bd index fds	-86.4
litman gregory fds tr	-82.62
unitedhealth group inc	-58.75
invesco actvely mngd etc fd	-57.45
starbucks corp	-24.78
honeywell intl inc	-23.18
eli lilly & co	-21.74
ishares inc	-20.93

LFA - Lugano Financial Advisors SA reduced stake in above stock

Sold off

Ticker	$ Sold
global x fds	-925,272
ishares tr	-2,729,900
edwards lifesciences corp	-101,673
spdr series trust	-59,219
novo-nordisk a s	-23,467
comcast corp new	-10,115
futu hldgs ltd	-27,808
vaneck etf trust	-46,058

LFA - Lugano Financial Advisors SA got rid off the above stocks

Sector Distribution

LFA - Lugano Financial Advisors SA has about 89.2% of it's holdings in Others sector.

Sector	%
Others	89.2
Technology	3.3
Consumer Cyclical	1.9
Financial Services	1.4
Communication Services	1.2
Utilities	1.1

Market Cap. Distribution

LFA - Lugano Financial Advisors SA has about 9.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	89.2
MEGA-CAP	6.6
LARGE-CAP	3.1

Stocks belong to which Index?

About 9.4% of the stocks held by LFA - Lugano Financial Advisors SA either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	89.5
S&P 500	9.4

Top 5 Winners (%)		%
APP	applovin corp	105.3 %
QS	quantumscape corp	83.3 %
GLW	corning inc	56.0 %
INTC	intel corp	49.8 %
GOOG	alphabet inc	37.9 %

Top 5 Winners ($)		$
SPY	spdr s&p 500 etf tr	1.9 M
GLD	spdr gold tr	1.5 M
AAPL	apple inc	0.2 M
GOOG	alphabet inc	0.2 M
GOOG	alphabet inc	0.2 M

Top 5 Losers (%)		%
CMG	chipotle mexican grill inc	-30.2 %
LULU	lululemon athletica inc	-21.2 %
FTNT	fortinet inc	-20.5 %
CARR	carrier global corporation	-18.5 %
ISRG	intuitive surgical inc	-17.7 %

Top 5 Losers ($)		$
HON	honeywell intl inc	0.0 M
BKNG	booking holdings inc	0.0 M
KO	coca cola co	0.0 M
V	visa inc	0.0 M
CARR	carrier global corporation	0.0 M

LFA - Lugano Financial Advisors SA Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of LFA - Lugano Financial Advisors SA

LFA - Lugano Financial Advisors SA has 225 stocks in it's portfolio. About 53.4% of the portfolio is in top 10 stocks. HON proved to be the most loss making stock for the portfolio. SPY was the most profitable stock for LFA - Lugano Financial Advisors SA last quarter.

Last Reported on: 05 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	0.64	4,762	1,212,550	unchanged	0.00

AAXJ	ishares tr	2.53	88,985	4,794,210	added	0.9

AAXJ	ishares tr	1.81	33,525	3,441,150	reduced	-17.58

AAXJ	ishares tr	0.59	11,768	1,115,580	added	0.29

AAXJ	ishares tr	0.16	1,437	300,707	unchanged	0.00

AAXJ	ishares tr	0.10	1,343	182,178	unchanged	0.00

AAXJ	ishares tr	0.06	2,117	110,117	unchanged	0.00

AAXJ	ishares tr	0.05	835	99,502	unchanged	0.00

AAXJ	ishares tr	0.02	499	32,440	unchanged	0.00

AAXJ	ishares tr	0.01	641	20,159	unchanged	0.00

AAXJ	ishares tr	0.01	239	19,313	unchanged	0.00

AAXJ	ishares tr	0.00	0.00	0.00	sold off	-100

ABBV	abbvie inc	0.15	1,240	285,054	unchanged	0.00

ABC	cencora inc	0.00	0.00	0.00	sold off	-100

ABT	abbott labs	0.19	2,707	360,970	unchanged	0.00

ACSG	dbx etf tr	0.01	550	18,139	unchanged	0.00

ACWF	ishares tr	0.18	6,868	338,352	unchanged	0.00

ACWF	ishares tr	0.02	1,040	44,774	unchanged	0.00

ACWV	ishares inc	0.62	21,318	1,177,610	reduced	-20.93

ACWV	ishares inc	0.09	3,847	178,181	unchanged	0.00