Mader & Shannon Wealth Management, Inc. — 13F Holdings & Portfolio
CIK 1535862 · latest 13F-HR filed 2026-07-07
Mader & Shannon Wealth Management, Inc. manages $214.1M in 13F-reported U.S. long-equity assets across 21 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SGOV (15.82%), IAU (11.79%), GLD (11.68%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 1 new position and exited 0; 8 existing positions rose in reported value and 6 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-07-07
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 78.5%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Aug 17, 2026.
STE 800
KANSAS CITY, MO 64112
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| GUILLAUME, BRET, A. Control | PRESIDENT AND CHIEF COMPLIANCE OFFICER since Apr 2005 | 75% or more | Individual |
| MADER, JAMES, W Control | CHAIRMAN AND CEO since Jan 2005 | Less than 5% | Individual |
| Sanders, Kyle, Andrew Control | PORTFOLIO MANAGER since Jan 2017 | 10–25% | Individual |
Ownership & leadership changes · 2 filings with changes since Nov 28, 2011
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- ChangedGUILLAUME, BRET, A. · ownership 25–50% → 75% or more
- ChangedMADER, JAMES, W · ownership 25–50% → Less than 5%
- ChangedSanders, Kyle, Andrew · ownership Less than 5% → 10–25%
- No longer listedMCQUAIN, ROBERT, R · SHAREHOLDER · 10–25% · listed since Jan 2005
- No longer listedSHANNON, GEORGE, RUSSELL · PORTFOLIO MANAGER · 25–50% · control person · listed since Jan 2005
- AddedSanders, Kyle, Andrew · PORTFOLIO MANAGER · Less than 5% · control person
- ChangedGUILLAUME, BRET, A. · title CHIEF COMPLIANCE OFFICER → PRESIDENT AND CHIEF COMPLIANCE OFFICER; ownership 10–25% → 25–50%; now a control person
- ChangedMADER, JAMES, W · title PRESIDENT → CHAIRMAN AND CEO
- ListedGUILLAUME, BRET, A. · CHIEF COMPLIANCE OFFICER · 10–25%
- ListedMADER, JAMES, W · PRESIDENT · 25–50% · control person
- ListedMCQUAIN, ROBERT, R · SHAREHOLDER · 10–25%
- ListedSHANNON, GEORGE, RUSSELL · PORTFOLIO MANAGER · 25–50% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- KNIGHT-SWIFT TRANSN HLDGS IN$3.6M +37.5%
- FIRST SOLAR INC$1.0M +23.2%
- D R HORTON INC$975.6K +22.7%
- ISHARES TR$824.4K +19.3%
- HF SINCLAIR CORP$597.5K +13.0%
Top Trims
- SPDR GOLD TR-$4.3M -14.8%
- ISHARES GOLD TR-$4.1M -14.0%
- VANECK ETF TRUST-$1.6M -19.1%
- ISHARES TR-$517.3K -8.9%
- PHILLIPS 66-$238.3K -5.4%
Mader & Shannon Wealth Management, Inc. Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | ISHARES TR | SGOV | 46436E718 | $33.9M | 15.82% | 336,373 | SH |
| 2 | ISHARES GOLD TR | IAU | 464285204 | $25.2M | 11.79% | 334,134 | SH |
| 3 | SPDR GOLD TR | GLD | 78463V107 | $25.0M | 11.68% | 67,886 | SH |
| 4 | ISHARES TR | SHY | 464287457 | $20.7M | 9.67% | 252,127 | SH |
| 5 | INVESCO EXCH TRADED FD TR II | VRP | 46138G870 | $17.6M | 8.22% | 723,418 | SH |
| 6 | KNIGHT-SWIFT TRANSN HLDGS IN | KNX | 499049104 | $13.4M | 6.24% | 171,537 | SH |
| 7 | THERMO FISHER SCIENTIFIC INC | TMO | 883556102 | $9.3M | 4.32% | 18,459 | SH |
| 8 | ISHARES TR | SHV | 464288679 | $8.5M | 3.96% | 76,742 | SH |
| 9 | MARTIN MARIETTA MATLS INC | MLM | 573284106 | $7.9M | 3.68% | 13,665 | SH |
| 10 | VANECK ETF TRUST | GDX | 92189F106 | $6.7M | 3.15% | 89,239 | SH |
| 11 | FIRST SOLAR INC | FSLR | 336433107 | $5.6M | 2.60% | 23,581 | SH |
| 12 | ISHARES TR | IEO | 464288851 | $5.3M | 2.48% | 48,339 | SH |
| 13 | D R HORTON INC | DHI | 23331A109 | $5.3M | 2.47% | 32,406 | SH |
| 14 | VALERO ENERGY CORP | VLO | 91913Y100 | $5.3M | 2.46% | 20,222 | SH |
| 15 | HF SINCLAIR CORP | DINO | 403949100 | $5.2M | 2.43% | 74,608 | SH |
| 16 | ISHARES TR | ITB | 464288752 | $5.1M | 2.38% | 48,770 | SH |
| 17 | SELECT SECTOR SPDR TR | XLB | 81369Y100 | $4.8M | 2.22% | 93,676 | SH |
| 18 | MARATHON PETE CORP | MPC | 56585A102 | $4.7M | 2.20% | 18,411 | SH |
| 19 | PHILLIPS 66 | PSX | 718546104 | $4.2M | 1.97% | 24,917 | SH |
| 20 | APPLIED MATLS INC | AMAT | 038222105 | $310.9K | 0.15% | 430 | SH |
| 21 | WALMART INC | WMT | 931142103 | $282.2K | 0.13% | 2,492 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-07 | $214.1M | 21 | 0001535862-26-000005 |
| 2026-03-31 | 2026-04-13 | $216.1M | 20 | 0001535862-26-000003 |
| 2025-12-31 | 2026-01-29 | $204.0M | 23 | 0001535862-26-000002 |
KANSAS CITY, MO 64112