INNEALTA CAPITAL, LLC — 13F Holdings & Portfolio
CIK 1752579 · latest 13F-HR filed 2026-08-04
INNEALTA CAPITAL, LLC manages $187.4M in 13F-reported U.S. long-equity assets across 91 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are XLC (8.47%), XLK (7.20%), XLI (5.58%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 27 new positions and exited 11; 34 existing positions rose in reported value and 10 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.
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AUM
$187.4M
Long-equity book
Holdings
91
Distinct positions
Period
2026-06-30
Filed 2026-08-04
Q/Q Activity
+27 / −11 / ↑34 / ↓10
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26XLC8.5% · 0%XLK7.2% · -26%XLI5.6% · 0%BIL4.8% · newXLF4.7% · +13%FLJP4.0% · 0%FLTW3.7% · +17%VTI2.8% · +1%JBND2.7% · +4%EWY2.6% · +25%XLU2.6% · 0%XLY2.5% · 0%XLV2.3% · 0%VEA2.3% · +0%XAR2.3% · 0%XLE2.1% · -40%FLCA2.1% · 0%FLGB1.9% · 0%VT1.7% · 0%XLP1.5% · 0%FLGR1.5% · 0%SPYV1.5% · 0%IWM1.4% · 0%FLCH1.3% · 0%EWZ1.3% · +51%EWW1.2% · 0%EWP1.2% · 0%FLKR1.2% · 0%IJH1.0% · +0%VWO1.0% · +0%EZA1.0% · 0%EPU1.0% · +5%FLIN1.0% · 0%FLSW0.8% · 0%ECH0.8% · -0%EMXC0.7% · +3%EWN0.7% · 0%IJR0.7% · +4%FLAU0.7% · 0%JPIB0.7% · -0%EWQ0.6% · 0%BLK0.6% · newGLD0.6% · -3%LQD0.6% · -1%BOXX0.5% · +18%BND0.5% · -1%EWH0.5% · 0%EWU0.4% · 0%EWD0.4% · 0%IUDAF0.3% · newEWI0.3% · 0%EWT0.3% · 0%BBCA0.3% · 0%ESGE0.3% · newEMB0.3% · -2%FLBR0.3% · 0%RWO0.2% · +1%BHF0.2% · newWAL0.2% · newCOMT0.2% · new
Box 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 = 46.6%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Apr 2, 2026.
Assets Under Management
$222.4M
Discretionary
$222.4M
Employees
4
Accounts
172
Phone
(737) 808-4640
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| FAVA QUIROGA, CARLA, ANDREA Control | CHIEF COMPLIANCE OFFICER AND CHIEF OPERATIONS OFFICER since Jun 2018 | Less than 5% | Individual |
| MATURANA, GONZALO, EDUARDO Control | MEMBER OF THE BOARD OF MANAGERS TO THE REGISTRANT since Nov 2017 | Less than 5% | Individual |
| RIOMAGGIORE INVESTMENTS, LLC Control | MEMBER TO THE REGISTRANT since Nov 2017 | 75% or more | Domestic Entity |
| SCIARAFFIA, VITO, ANTONIO Control | MEMBER OF THE BOARD OF MANAGERS TO THE REGISTRANT AND CHIEF INVESTMENT OFFICER since Nov 2017 | Less than 5% | Individual |
| ALSACIA INVESTMENTS, LLC | MEMBER TO THE REGISTRANT since Nov 2017 | 10–25% | Domestic Entity |
| BOWERS, NICHOLAS, AUSTIN | MEMBER TO THE REGISTRANT since Apr 2018 | Less than 5% | Individual |
| SCIARAFFIA, VITO, ANTONIO Control Indirect owner via RIOMAGGIORE INVESTMENTS, LLC | SOLE MANAGING MEMBER since May 2016 | 75% or more | Individual |
Ownership & leadership changes · 6 filings with changes since Jan 10, 2018
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.
Feb 13, 2026 filing
- No longer listedZhang, Yuxing · MEMBER TO THE REGISTRANT · Less than 5% · listed since Oct 2018
Mar 29, 2024 filing
- No longer listedCRESCENT REED INVESTMENTS, LLC · MEMBER TO THE REGISTRANT · 5–10% · listed since Jun 2018
- No longer listedJL HOLDINGS, INC. · MEMBER TO THE REGISTRANT · 5–10% · listed since Jun 2018
- No longer listedKOCHER, JOSHUA, JOHN · SOLE MANAGING MEMBER · 75% or more · indirect via CRESCENT REED INVESTMENTS, LLC · control person · listed since Oct 2017
- No longer listedLAHTI, JOSEPH, JOHN · SOLE SHAREHOLDER · 75% or more · indirect via JL HOLDINGS, INC. · control person · listed since Aug 1990
- No longer listedLAHTI, JOSEPH, JOHN · CHAIRMAN OF THE BOARD OF MANAGERS TO THE REGISTRANT · Less than 5% · control person · listed since Nov 2017
- No longer listedMATURANA, GONZALO, EDUARDO · SOLE MANAGING MEMBER · 75% or more · indirect via ALSACIA INVESTMENTS, LLC · control person · listed since Mar 2017
- AddedBOWERS, NICHOLAS, AUSTIN · MEMBER TO THE REGISTRANT · Less than 5%
- AddedZhang, Yuxing · MEMBER TO THE REGISTRANT · Less than 5%
- ChangedALSACIA INVESTMENTS, LLC · ownership 5–10% → 10–25%
- ChangedRIOMAGGIORE INVESTMENTS, LLC · ownership 50–75% → 75% or more
Mar 30, 2022 filing
- AddedLAHTI, JOSEPH, JOHN · CHAIRMAN OF THE BOARD OF MANAGERS TO THE REGISTRANT · Less than 5% · control person
- AddedMATURANA, GONZALO, EDUARDO · MEMBER OF THE BOARD OF MANAGERS TO THE REGISTRANT · Less than 5% · control person
- ChangedALSACIA INVESTMENTS, LLC · ownership 10–25% → 5–10%
- ChangedRIOMAGGIORE INVESTMENTS, LLC · title MANAGING MEMBER TO THE REGISTRANT → MEMBER TO THE REGISTRANT; ownership 75% or more → 50–75%
- ChangedSCIARAFFIA, VITO, ANTONIO · title MANAGING MEMBER TO THE MANAGING MEMBER OF THE REGISTRANT AND CHIEF INVESTMENT OFFICER → MEMBER OF THE BOARD OF MANAGERS TO THE REGISTRANT AND CHIEF INVESTMENT OFFICER
Mar 30, 2020 filing
- AddedJL HOLDINGS, INC. · MEMBER TO THE REGISTRANT · 5–10%
- AddedLAHTI, JOSEPH, JOHN · SOLE SHAREHOLDER · 75% or more · indirect via JL HOLDINGS, INC. · control person
Sep 7, 2018 filing
- AddedCRESCENT REED INVESTMENTS, LLC · MEMBER TO THE REGISTRANT · 5–10%
- AddedKOCHER, JOSHUA, JOHN · SOLE MANAGING MEMBER · 75% or more · indirect via CRESCENT REED INVESTMENTS, LLC · control person
- ChangedMATURANA, GONZALO, EDUARDO · indirect via ALSACIA INVESTMENTS, LLC: title MANAGING MEMBER → SOLE MANAGING MEMBER
- ChangedSCIARAFFIA, VITO, ANTONIO · indirect via RIOMAGGIORE INVESTMENTS, LLC: title MANAGING MEMBER → SOLE MANAGING MEMBER
Jun 12, 2018 filing
- No longer listedMendoza, Cynthia, Mariel · CHIEF COMPLIANCE OFFICER AND CHIEF OPERATIONS OFFICER · Less than 5% · control person · listed since Jan 2018
- AddedFAVA QUIROGA, CARLA, ANDREA · CHIEF COMPLIANCE OFFICER AND CHIEF OPERATIONS OFFICER · Less than 5% · control person
Jan 10, 2018 filing (earliest on record)
- ListedALSACIA INVESTMENTS, LLC · MEMBER TO THE REGISTRANT · 10–25%
- ListedMATURANA, GONZALO, EDUARDO · MANAGING MEMBER · 75% or more · indirect via ALSACIA INVESTMENTS, LLC · control person
- ListedMendoza, Cynthia, Mariel · CHIEF COMPLIANCE OFFICER AND CHIEF OPERATIONS OFFICER · Less than 5% · control person
- ListedRIOMAGGIORE INVESTMENTS, LLC · MANAGING MEMBER TO THE REGISTRANT · 75% or more · control person
- ListedSCIARAFFIA, VITO, ANTONIO · MANAGING MEMBER · 75% or more · indirect via RIOMAGGIORE INVESTMENTS, LLC · control person
- ListedSCIARAFFIA, VITO, ANTONIO · MANAGING MEMBER TO THE MANAGING MEMBER OF THE REGISTRANT AND CHIEF INVESTMENT OFFICER · Less than 5% · 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)
- FRANKLIN FTSE TAIWAN ETF$3.1M +81.9%
- ISHARES MSCI SOUTH KOREA ETF$2.5M +105.1%
- FINANCIAL SELECT SECTOR SPDR$1.6M +22.8%
- INDUSTRIAL SELECT SECT SPDR$1.3M +14.5%
- FRANKLIN FTSE SOUTH KOREA$917.5K +65.7%
Top Trims
- ENERGY SELECT SECTOR SPDR-$3.8M -48.2%
- FRANKLIN FTSE CHINA ETF-$243.2K -8.8%
- SPDR GOLD SHARES-$230.3K -16.8%
- ISHARES MSCI SOUTH AFRICA ET-$137.4K -6.8%
- ISHARES MSCI HONG KONG ETF-$88.1K -9.4%
New Positions
- SPDR BLOOMBERG 1-3 MONTH T-B$9.0M
- ISHARES CORE S&P 500$1.2M
- ISHARES NASDAQ 100 USD ACC$652.1K
- BRIGHTHOUSE FINANCIAL INC$428.0K
- WESTERN ALLIANCE BANCORP$386.8K
Exited Positions
- REAL ESTATE SELECT SECT SPDR$1.0M
- ISHARES MSCI MALAYSIA ETF$249.8K
- ISHARES MSCI THAILAND ETF$237.8K
- ISHARES MSCI SINGAPORE ETF$236.2K
- OVINTIV INC$230.9K
INNEALTA CAPITAL, LLC 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 | COMM SERV SELECT SECTOR SPDR | XLC | 81369Y852 | $15.9M | 8.47% | 148,093 | SH |
| 2 | TECHNOLOGY SELECT SECT SPDR | XLK | 81369Y803 | $13.5M | 7.20% | 70,838 | SH |
| 3 | INDUSTRIAL SELECT SECT SPDR | XLI | 81369Y704 | $10.5M | 5.58% | 56,457 | SH |
| 4 | SPDR BLOOMBERG 1-3 MONTH T-B | BIL | 78468R663 | $9.0M | 4.82% | 98,610 | SH |
| 5 | FINANCIAL SELECT SECTOR SPDR | XLF | 81369Y605 | $8.7M | 4.66% | 162,938 | SH |
| 6 | FRANKLIN FTSE JAPAN ETF | FLJP | 35473P744 | $7.6M | 4.03% | 189,978 | SH |
| 7 | FRANKLIN FTSE TAIWAN ETF | FLTW | 35473P686 | $6.9M | 3.66% | 64,965 | SH |
| 8 | VANGUARD TOTAL STOCK MKT ETF | VTI | 922908769 | $5.3M | 2.83% | 14,344 | SH |
| 9 | JPMORGAN ACTIVE BOND ETF | JBND | 46654Q716 | $5.1M | 2.71% | 94,973 | SH |
| 10 | ISHARES MSCI SOUTH KOREA ETF | EWY | 464286772 | $4.9M | 2.59% | 24,034 | SH |
| 11 | UTILITIES SELECT SECTOR SPDR | XLU | 81369Y886 | $4.8M | 2.57% | 106,372 | SH |
| 12 | CONSUMER DISCRETIONARY SELT | XLY | 81369Y407 | $4.8M | 2.54% | 40,524 | SH |
| 13 | HEALTH CARE SELECT SECTOR | XLV | 81369Y209 | $4.4M | 2.34% | 27,675 | SH |
| 14 | VANGUARD FTSE DEVELOPED ETF | VEA | 921943858 | $4.4M | 2.33% | 61,347 | SH |
| 15 | SPDR S&P AEROSPACE & DEF ETF | XAR | 78464A631 | $4.3M | 2.31% | 15,234 | SH |
| 16 | ENERGY SELECT SECTOR SPDR | XLE | 81369Y506 | $4.0M | 2.15% | 75,787 | SH |
| 17 | FRANKLIN FTSE CANADA ETF | FLCA | 35473P827 | $3.8M | 2.05% | 74,760 | SH |
| 18 | FRANKLIN FTSE UNITED KINGDOM | FLGB | 35473P678 | $3.6M | 1.91% | 101,402 | SH |
| 19 | VANGUARD TOT WORLD STK ETF | VT | 922042742 | $3.1M | 1.66% | 19,879 | SH |
| 20 | CONSUMER STAPLES SPDR | XLP | 81369Y308 | $2.8M | 1.49% | 33,518 | SH |
| 21 | FRANKLIN FTSE GERMANY ETF | FLGR | 35473P785 | $2.7M | 1.46% | 84,886 | SH |
| 22 | SPDR PORT S&P 500 VALUE | SPYV | 78464A508 | $2.7M | 1.45% | 44,798 | SH |
| 23 | ISHARES RUSSELL 2000 ETF | IWM | 464287655 | $2.7M | 1.44% | 9,002 | SH |
| 24 | FRANKLIN FTSE CHINA ETF | FLCH | 35473P819 | $2.5M | 1.34% | 122,989 | SH |
| 25 | ISHARES MSCI BRAZIL ETF | EWZ | 464286400 | $2.4M | 1.30% | 70,529 | SH |
| 26 | ISHARES MSCI MEXICO ETF | EWW | 464286822 | $2.3M | 1.25% | 31,114 | SH |
| 27 | ISHARES MSCI SPAIN ETF | EWP | 464286764 | $2.3M | 1.25% | 39,315 | SH |
| 28 | FRANKLIN FTSE SOUTH KOREA | FLKR | 35473P710 | $2.3M | 1.23% | 35,006 | SH |
| 29 | ISHARES CORE S&P MIDCAP ETF | IJH | 464287507 | $1.9M | 1.01% | 24,567 | SH |
| 30 | VANGUARD FTSE EMERGING MARKE | VWO | 922042858 | $1.9M | 1.01% | 31,633 | SH |
| 31 | ISHARES MSCI SOUTH AFRICA ET | EZA | 464286780 | $1.9M | 1.01% | 29,808 | SH |
| 32 | ISHARES MSCI PERU AND GLOBAL | EPU | 464289842 | $1.8M | 0.98% | 21,881 | SH |
| 33 | FRANKLIN FTSE INDIA ETF | FLIN | 35473P769 | $1.8M | 0.96% | 50,486 | SH |
| 34 | FRANKLIN FTSE SWITZERLAND | FLSW | 35473P694 | $1.5M | 0.81% | 35,164 | SH |
| 35 | ISHARES MSCI CHILE ETF | ECH | 464286640 | $1.5M | 0.78% | 36,844 | SH |
| 36 | ISHARES MSCI EMR MRK EX CHNA | EMXC | 46434G764 | $1.3M | 0.70% | 12,756 | SH |
| 37 | ISHARES MSCI NETHERLANDS ETF | EWN | 464286814 | $1.3M | 0.69% | 18,392 | SH |
| 38 | ISHARES CORE S&P SMALL-CAP E | IJR | 464287804 | $1.3M | 0.67% | 8,481 | SH |
| 39 | FRANKLIN FTSE AUSTRALIA ETF | FLAU | 35473P843 | $1.3M | 0.67% | 37,289 | SH |
| 40 | JPMORGAN INTL BND ETF | JPIB | 46641Q852 | $1.2M | 0.66% | 25,726 | SH |
| 41 | ISHARES MSCI FRANCE ETF | EWQ | 464286707 | $1.2M | 0.64% | 26,393 | SH |
| 42 | ISHARES CORE S&P 500 | IVV | G4955H110 | $1.2M | 0.63% | 1,444 | SH |
| 43 | SPDR GOLD SHARES | GLD | 78463V107 | $1.1M | 0.61% | 3,088 | SH |
| 44 | ISHARES IBOXX INVESTMENT GRA | LQD | 464287242 | $1.1M | 0.58% | 9,889 | SH |
| 45 | ALPHA ARCHITECT 1-3 MNTH BOX | BOXX | 02072L565 | $990.7K | 0.53% | 8,461 | SH |
| 46 | VANGUARD TOTAL BOND MARKET | BND | 921937835 | $887.7K | 0.47% | 12,092 | SH |
| 47 | ISHARES MSCI HONG KONG ETF | EWH | 464286871 | $849.6K | 0.45% | 40,610 | SH |
| 48 | ISHARES MSCI UNITED KINGDOM | EWU | 46435G334 | $825.4K | 0.44% | 17,889 | SH |
| 49 | ISHARES MSCI SWEDEN ETF | EWD | 464286756 | $703.6K | 0.38% | 14,078 | SH |
| 50 | ISHARES NASDAQ 100 USD ACC | IUDAF | G4955H268 | $652.1K | 0.35% | 377 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-04 | $187.4M | 91 | 0001752579-26-000006 |
| 2026-03-31 | 2026-05-04 | $161.0M | 75 | 0001752579-26-000004 |
| 2025-12-31 | 2026-01-30 | $184.7M | 85 | 0001752579-26-000001 |
Filer Information
Address
13215 BEE CAVE PARKWAYBUILDING A, SUITE 240
AUSTIN, TX 78738-0064
Phone
(737) 808-4640
Filing Manager
INNEALTA CAPITAL, LLC
AUSTIN, TX
Signatory
Carla A. Fava
Chief Compliance Officer