LFA - Lugano Financial Advisors SA

Q3 2025 13F-HR Holdings

Location
Lugano, V8
Holdings as of
9/30/2025
Date filed
11/5/2025
Form type
13F-HR
Num holdings
229
Total value ($000)
$189,673
Net value change ($000)
+20,912 (12.4%)
New positions
13
Sold out positions
29
Turnover %
10.5%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/7/2025 Next filing: 1/29/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
FNDE 7,735 NEW
SGOV 4,035 NEW
QQQ 2,773 NEW
SPY 2,305 9.4%
GLD 2,113 24.1%
RNRG 1,003 NEW
GDX 870 63.4%
ESGD 863 4.2%
VWOB 742 16.9%
IBDV 317 23.6%
Top Reduces (Value $000, Stocks/ETFs)
SHV -2,730 -100.0%
Global X Funds -925 -100.0%
PDBC -785 -56.2%
TLH -662 -16.1%
BIV -358 -86.3%
EWL -300 -20.3%
DBMF -244 -81.6%
EW -102 -100.0%
PSP -77 -6.4%
HON -66 -30.4%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type