POTOMAC FUND MANAGEMENT INC /ADV — 13F Holdings & Portfolio

CIK 826000 · latest 13F-HR filed 2026-08-13

POTOMAC FUND MANAGEMENT INC /ADV manages $3.97B in 13F-reported U.S. long-equity assets across 109 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are IVV (66.88%), XHLF (9.88%), SPYM (3.46%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 21 new positions, exited 17, added to 41, and trimmed 23.

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.

Filer Information
Address
7373 WISCONSIN AVE.
SUITE 750
BETHESDA, MD 20814
Phone
(301) 450-3090
Filing Manager
POTOMAC FUND MANAGEMENT INC /ADV
BETHESDA, MD
Signatory
Jeffrey Schropp
Chief Compliance Officer
Loading holdings…
AUM

$3.97B

Long-equity book

Holdings

109

Distinct positions

Period

2026-06-30

Filed 2026-08-13

Q/Q Activity

+21 / −17 / ↑41 / ↓23

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ISHARES TR$686.6M +34.9%
  • SPDR SERIES TRUST$135.3M +5801.0%
  • BONDBLOXX ETF TRUST$69.5M +21.5%
  • NORTHERN LTS FD TR IV$10.6M +21.2%
  • VANECK ETF TRUST$9.8M +62.3%
Show all 41 →

Top Trims

  • SELECT SECTOR SPDR TR-$24.8M -98.5%
  • ISHARES TR-$8.9M -9.8%
  • INVESCO ACTVELY MNGD ETC FD-$5.2M -18.0%
  • ADVISORS INNER CIRCLE FD II-$2.2M -27.4%
  • US BANCORP-$755.7K -51.3%
Show all 23 →

New Positions

  • BONDBLOXX ETF TRUST$59.4M
  • BONDBLOXX ETF TRUST$55.0M
  • VANGUARD WHITEHALL FDS$30.0M
  • ISHARES TR$29.9M
  • BONDBLOXX ETF TRUST$29.8M
Show all 21 →

Exited Positions

  • LITMAN GREGORY FDS TR$28.5M
  • KRANESHARES TRUST$28.1M
  • SELECT SECTOR SPDR TR$24.8M
  • VANGUARD WORLD FD$24.8M
  • ISHARES TR$15.7M
Show all 17 →
All Holdings

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 IVV 464287200 $2.66B 66.88% 3,546,980 SH
2 BONDBLOXX ETF TRUST XHLF 09789C788 $392.5M 9.88% 7,802,882 SH
3 SPDR SERIES TRUST SPYM 78464A854 $137.6M 3.46% 1,565,618 SH
4 ISHARES TR SGOV 46436E718 $82.2M 2.07% 816,856 SH
5 NORTHERN LTS FD TR IV SECT 66538H591 $60.9M 1.53% 845,221 SH
6 BONDBLOXX ETF TRUST XCCC 09789C887 $59.4M 1.50% 1,624,900 SH
7 BONDBLOXX ETF TRUST XBB 09789C705 $55.0M 1.39% 1,342,400 SH
8 VANGUARD WHITEHALL FDS VWOB 921946885 $30.0M 0.76% 446,500 SH
9 INVESCO DB US DLR INDEX TR UUP 46141D203 $30.0M 0.75% 1,055,200 SH
10 ISHARES TR FALN 46435G474 $29.9M 0.75% 1,098,300 SH
11 BONDBLOXX ETF TRUST XEMD 09789C879 $29.8M 0.75% 662,900 SH
12 EA SERIES TRUST ROE 02072L433 $28.0M 0.71% 657,300 SH
13 VANGUARD INDEX FDS VTI 922908769 $28.0M 0.71% 75,720 SH
14 WISDOMTREE TR DGRW 97717X669 $27.8M 0.70% 290,900 SH
15 SPDR SERIES TRUST CWB 78464A359 $27.7M 0.70% 257,100 SH
16 WISDOMTREE TR DXJ 97717W851 $27.7M 0.70% 159,700 SH
17 VANECK ETF TRUST SMH 92189F676 $25.6M 0.65% 39,080 SH
18 ISHARES TR IWO 464287648 $24.3M 0.61% 61,560 SH
19 ISHARES TR IWM 464287655 $24.0M 0.60% 79,800 SH
20 INVESCO ACTVELY MNGD ETC FD PDBC 46090F100 $23.9M 0.60% 1,504,900 SH
21 SPDR SERIES TRUST XME 78464A755 $23.7M 0.60% 221,400 SH
22 GLOBAL X FDS SIL 37954Y848 $23.7M 0.60% 305,400 SH
23 SELECT SECTOR SPDR TR XLE 81369Y506 $23.6M 0.59% 444,100 SH
24 NORTHERN LTS FD TR IV BUYW 66538H179 $11.5M 0.29% 792,716 SH
25 ADVISORS INNER CIRCLE FD II EDGF 00791R830 $5.8M 0.15% 233,683 SH
26 ADVISORS INNER CIRCLE FD II EDGU 00791R798 $4.1M 0.10% 129,472 SH
27 NORTHERN LTS FD TR IV TMAT 66538H278 $3.2M 0.08% 102,836 SH
28 ADVISORS INNER CIRCLE FD II EDGH 00791R822 $2.6M 0.07% 82,450 SH
29 MICROSOFT CORP MSFT 594918104 $2.3M 0.06% 6,294 SH
30 JPMORGAN CHASE & CO JPM 46625H100 $2.3M 0.06% 6,946 SH
31 ADVISORS INNER CIRCLE FD II EDGI 00791R814 $2.2M 0.06% 71,594 SH
32 WELLS FARGO & CO WFC 949746101 $2.1M 0.05% 24,995 SH
33 SHELL PLC SHEL 780259305 $2.1M 0.05% 26,621 SH
34 GILEAD SCIENCES INC GILD 375558103 $2.1M 0.05% 16,241 SH
35 ANALOG DEVICES INC ADI 032654105 $2.0M 0.05% 4,995 SH
36 ASTRAZENECA PLC AZN G0593M107 $2.0M 0.05% 10,398 SH
37 L3HARRIS TECHNOLOGIES INC LHX 502431109 $1.9M 0.05% 6,674 SH
38 QNITY ELECTRONICS INC Q 74743L100 $1.9M 0.05% 11,524 SH
39 HOME DEPOT INC HD 437076102 $1.8M 0.05% 5,238 SH
40 PROCTER & GAMBLE CO PG 742718109 $1.8M 0.04% 12,022 SH
41 MCDONALDS CORP MCD 580135101 $1.7M 0.04% 6,392 SH
42 PNC FINL SVCS GROUP INC PNC 693475105 $1.7M 0.04% 6,802 SH
43 BANK OF AMER CORP BAC 060505104 $1.6M 0.04% 27,519 SH
44 ABBOTT LABORATORIES ABT 002824100 $1.5M 0.04% 16,944 SH
45 GALLAGHER ARTHUR J & CO AJG 363576109 $1.5M 0.04% 6,560 SH
46 EQUINIX INC EQIX 29444U700 $1.4M 0.04% 1,375 SH
47 NETEASE COM INC NTES 64110W102 $1.3M 0.03% 10,194 SH
48 CONOCOPHILLIPS COP 20825C104 $1.2M 0.03% 11,742 SH
49 COMCAST CORP NEW CMCSA 20030N101 $1.2M 0.03% 49,643 SH
50 ISHARES TR AGG 464287226 $1.2M 0.03% 11,840 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-13 $3.97B 109 0000826000-26-000007
2026-03-31 2026-05-14 $2.88B 105 0000826000-26-000005
2025-12-31 2026-02-13 $2.71B 108 0000826000-26-000003
2025-09-30 2025-11-12 $2.36B 103 0000826000-25-000012