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Macro Advisors, Inc. — 13F Holdings & Portfolio

CIK 1821406 · latest 13F-HR filed 2026-08-11

Backtest portfolio

Macro Advisors, Inc. manages $313.7M in 13F-reported U.S. long-equity assets across 45 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are BUFR (20.63%), ICSH (14.99%), DYNF (13.46%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 7 new positions and exited 2; 26 existing positions rose in reported value and 5 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
$313.7M

Long-equity book

Holdings
45

Distinct positions

Period
2026-06-30

Filed 2026-08-11

Q/Q Activity
+7 / −2 / ↑26 / ↓5

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
BUFR20.6% · -11%ICSH15.0% · +48%DYNF13.5% · +18%ACYN7.1% · newIYW6.3% · -26%CLOA5.0% · +87%VTV4.5% · +15%IUSG4.5% · +7%XLI3.1% · +22%BUFQ2.7% · +506%BUFH2.6% · -9%AIRR2.2% · +8%UTES2.1% · +7%MGV1.3% · 0%SCHG1.1% · +6%AAPL1.0% · +1%SPY1.0% · -58%JMST0.8% · 0%FCX0.7% · +0%NVDA0.5% · +10%JTEK0.5% · -2%CIBR0.5% · -7%ILDR0.5% · +0%GOOGL0.4% · +2%AMZN0.2% · +13%MSFT0.2% · -22%QQQ0.2% · 0%BRK.B0.2% · -3%XLY0.2% · -67%AVGO0.2% · +1%BUFD0.2% · -0%VTI0.1% · newTSLA0.1% · +11%MU0.1% · newMETA0.1% · +11%CAT0.1% · +0%VCIT0.1% · +1%JUNM0.1% · 0%VXUS0.1% · newAMD0.1% · newPNC0.1% · -22%JPM0.1% · -12%LLY0.1% · newSFLR0.1% · newNAK0.0% · 0%

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 value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated 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

2 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 82.2%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated May 27, 2026.

Assets Under Management
$370.9M
Discretionary
$360.7M
Employees
9
Accounts
1,649
Address
526 GREENBRIAR ROAD
YORK, PA 17404
Phone
(717) 764-4566
Website
Name Title / Status Ownership Type
DESAI, JAY, MATILAL ControlCHAIRMAN/CHIEF COMPLIANCE OFFICER
since Feb 2003
25–50%Individual
DESAI, DARSHANA, JAYCORPORATE SECRETARY
since Feb 2003
Less than 5%Individual
DESAI, MAHIR, JAYCHIEF EXECUTIVE OFFICER
since Jan 2023
10–25%Individual
DESAI, MIKESH, JAYPRESIDENT, CHIEF OPERATING OFFICER
since Jan 2023
10–25%Individual
PATEL, DIPAL, HAMIRCHIEF FINANCIAL OFFICER
since Jan 2023
10–25%Individual
Ownership & leadership changes · 4 filings with changes since Mar 6, 2012

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 27, 2025 filing
  • ChangedDESAI, DARSHANA, JAY · title SECRETARY → CORPORATE SECRETARY
  • ChangedDESAI, JAY, MATILAL · title PRESIDENT/CHIEF COMPLIANCE OFFICER → CHAIRMAN/CHIEF COMPLIANCE OFFICER
  • ChangedDESAI, MAHIR, JAY · title SHAREHOLDER → CHIEF EXECUTIVE OFFICER
  • ChangedDESAI, MIKESH, JAY · title SHAREHOLDER → PRESIDENT, CHIEF OPERATING OFFICER
  • ChangedPATEL, DIPAL, HAMIR · title SHAREHOLDER → CHIEF FINANCIAL OFFICER
Feb 12, 2024 filing
  • Listed againDESAI, DARSHANA, JAY · SECRETARY · Less than 5%
Feb 1, 2023 filing
  • No longer listedDESAI, DARSHANA, JAY · SECRETARY · 5–10% · control person · listed since Feb 2003
  • AddedDESAI, MAHIR, JAY · SHAREHOLDER · 10–25%
  • AddedDESAI, MIKESH, JAY · SHAREHOLDER · 10–25%
  • AddedPATEL, DIPAL, HAMIR · SHAREHOLDER · 10–25%
  • ChangedDESAI, JAY, MATILAL · ownership 75% or more → 25–50%
Sep 5, 2019 filing
  • ChangedDESAI, DARSHANA, JAY · title SECRETARY/TREASURER → SECRETARY
Mar 6, 2012 filing (earliest on record)
  • ListedDESAI, DARSHANA, JAY · SECRETARY/TREASURER · 5–10% · control person
  • ListedDESAI, JAY, MATILAL · PRESIDENT/CHIEF COMPLIANCE OFFICER · 75% or more · 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.

Macro Advisors, 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 FIRST TR EXCHNG TRADED FD VI BUFR 33740F755 $64.7M 20.63% 1,771,732 SH
2 ISHARES TR ICSH 46434V878 $47.0M 14.99% 929,607 SH
3 BLACKROCK ETF TRUST DYNF 09290C103 $42.2M 13.46% 620,781 SH
4 FIRST TR EXCHANGE-TRADED FD ACYN 33733E690 $22.3M 7.11% 1,072,608 SH
5 ISHARES TR IYW 464287721 $19.6M 6.26% 77,817 SH
6 BLACKROCK ETF TRUST II CLOA 092528504 $15.6M 4.98% 300,843 SH
7 VANGUARD INDEX FDS VTV 922908744 $14.1M 4.50% 64,836 SH
8 ISHARES TR IUSG 464287671 $14.1M 4.49% 74,910 SH
9 SELECT SECTOR SPDR TR XLI 81369Y704 $9.8M 3.13% 52,940 SH
10 FIRST TR EXCHNG TRADED FD VI BUFQ 33740U752 $8.4M 2.69% 214,906 SH
11 FIRST TR EXCHNG TRADED FD VI BUFH 33744U105 $8.3M 2.64% 387,003 SH
12 FIRST TR EXCHANGE TRADED FD AIRR 33738R704 $7.1M 2.25% 52,953 SH
13 ETFIS SER TR I UTES 26923G806 $6.7M 2.15% 82,502 SH
14 VANGUARD WORLD FD MGV 921910840 $4.0M 1.28% 24,556 SH
15 SCHWAB STRATEGIC TR SCHG 808524300 $3.5M 1.10% 102,419 SH
16 APPLE INC AAPL 037833100 $3.1M 1.00% 10,793 SH
17 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $3.1M 0.98% 4,099 SH
18 J P MORGAN EXCHANGE TRADED F JMST 46641Q654 $2.4M 0.76% 46,839 SH
19 FREEPORT MCMORAN INC FCX 35671D857 $2.0M 0.65% 32,472 SH
20 NVIDIA CORPORATION NVDA 67066G104 $1.6M 0.52% 8,096 SH
21 J P MORGAN EXCHANGE TRADED F JTEK 46654Q732 $1.6M 0.51% 14,367 SH
22 FIRST TR EXCHANGE-TRADED FD CIBR 33734X846 $1.5M 0.49% 17,249 SH
23 FIRST TR EXCHNG TRADED FD VI ILDR 33740F565 $1.4M 0.45% 36,319 SH
24 ALPHABET INC GOOGL 02079K305 $1.1M 0.36% 3,153 SH
25 AMAZON COM INC AMZN 023135106 $765.8K 0.24% 3,213 SH
26 MICROSOFT CORP MSFT 594918104 $723.9K 0.23% 1,941 SH
27 INVESCO QQQ TR QQQ 46090E103 $633.7K 0.20% 861 SH
28 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $539.9K 0.17% 1,079 SH
29 SELECT SECTOR SPDR TR XLY 81369Y407 $538.0K 0.17% 4,588 SH
30 BROADCOM INC AVGO 11135F101 $492.2K 0.16% 1,303 SH
31 FIRST TR EXCHNG TRADED FD VI BUFD 33740U703 $474.8K 0.15% 15,975 SH
32 VANGUARD INDEX FDS VTI 922908769 $401.5K 0.13% 1,085 SH
33 TESLA INC TSLA 88160R101 $381.9K 0.12% 908 SH
34 MICRON TECHNOLOGY INC MU 595112103 $369.4K 0.12% 320 SH
35 META PLATFORMS INC META 30303M102 $359.9K 0.11% 639 SH
36 CATERPILLAR INC CAT 149123101 $356.3K 0.11% 335 SH
37 VANGUARD SCOTTSDALE FDS VCIT 92206C870 $347.9K 0.11% 4,209 SH
38 FIRST TR EXCHNG TRADED FD VI JUNM 33740U588 $318.0K 0.10% 9,063 SH
39 VANGUARD STAR FDS VXUS 921909768 $298.4K 0.10% 3,490 SH
40 ADVANCED MICRO DEVICES INC AMD 007903107 $266.1K 0.08% 458 SH
41 PNC FINL SVCS GROUP INC PNC 693475105 $255.8K 0.08% 1,039 SH
42 JPMORGAN CHASE & CO JPM 46625H100 $250.7K 0.08% 766 SH
43 ELI LILLY & CO LLY 532457108 $239.9K 0.08% 200 SH
44 INNOVATOR ETFS TRUST SFLR 45783Y673 $203.1K 0.06% 5,265 SH
45 NORTHERN DYNASTY MINERALS LT NAK 66510M204 $21.3K 0.01% 11,087 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-11 $313.7M 45 0001172661-26-003259
2026-03-31 2026-05-14 $242.2M 41 0001172661-26-001919
Filer Information
Address
526 GREENBRIAR RD
YORK, PA 17404
Phone
(717) 764-4566
Filing Manager
Macro Advisors, Inc.
YORK, PA
Signatory
Dipal Patel
Chief Financial Officer