Hansen & Associates Financial Group, Inc.

Key Holdings

The portfolio is currently dominated by exchange-traded funds (ETFs), which comprise the top seven positions.

• FTSM (Fidelity Treasury Money Market Fund) remains the largest holding at $44.71M, representing 37.74% of the portfolio. Despite a reduction of 28.9% (approx. $18.28M sold), this position indicates a continued preference for liquidity and low-risk, short-term U.S. Treasury obligations.
• USMV (iShares MSCI USA Minimum Volatility ETF) is the second-largest holding at $20.70M (17.47%). This was a new position this quarter, signaling a strong pivot toward equity risk mitigation.
• ProShares Trust II (likely an inverse or hedging instrument given the ticker context and lack of specific suffix in the data) holds 13.80% of the portfolio at $16.35M. As a new position, this suggests the firm is actively hedging against market downside or volatility.
• Individual equity positions are minimal, with NVIDIA (NVDA) being the largest at $2.58M (2.18%). The firm increased its stake in NVDA by 58.2%, adding $1.25M, making it the only significant increase among existing holdings.

Sector Allocation

The portfolio exhibits a distinct "Barbell" strategy, balancing safety with sector-specific equity exposure.

• ETFs & Unknown: A combined 88.0% of the portfolio is allocated to ETFs and the "Unknown" category (ProShares). This highlights a preference for basket securities over single-stock picking.
• Communication Services & Technology: These sectors represent 4.48% and 3.49%, respectively. Exposure is gained through major names like Alphabet (GOOG/GOOGL), Netflix (NFLX), Broadcom (AVGO), and Meta (META).
• Financial Services & Consumer Cyclicals: Both sectors are roughly equal at 1.82% and 1.62%, respectively. Notably, the firm retains exposure to Tesla (TSLA) and the payment giants Visa (V) and Mastercard (MA), though the stakes in the latter two were cut by approximately 50%.
• Sector SPDRs: The firm has established broad but small exposure across the major S&P sectors (XLV, XLI, XLP, XLY, XLF, XLK, XLE, XLU), each ranging between 0.32% and 2.22%.