Element Squared LLC
13F holdings for Q2 2026 · MINNEAPOLIS, MN · filed July 28, 2026
Element Squared LLC reported $201M in 13F securities across 49 holdings for Q2 2026, in a Form 13F filed July 28, 2026. The largest positions were Innovator Etfs Trust (20.7%), Invesco Exchange Traded FD T (13.9%), SPY (9.4%). Reported value rose 13.4% from the quarter before. It opened 18 new positions, added to 13, trimmed 13 and sold out of 11.
- 13F value Q2 2026
- $201M
- Holdings
- 49
- Change vs prior quarter
- +13.4%
- Rank by 13F value
- #6,515
Holdings as of June 30, 2026, the end of Q2 2026. Managers have 45 days after a quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.
Top holdings
| Stock | Value | Weight | Shares | Change in shares | Move |
|---|---|---|---|---|---|
| Innovator Etfs Trust | $41.7M | 20.7% | 1,293,733 | -2.3% | Trimmed |
| Invesco Exchange Traded FD T | $27.9M | 13.9% | 131,270 | +35.5% | Added |
| SPY State Street SPDR S&P 500 ETF Trust Unit | $19.0M | 9.4% | 25,435 | +3.0% | Added |
| QQQ Invesco QQQ Trust, Series 1 | $9.1M | 4.5% | 12,405 | -44.0% | Trimmed |
| NVDA NVIDIA Corporation | $7.2M | 3.6% | 35,946 | -38.1% | Trimmed |
| Innovator Etfs Trust | $6.6M | 3.3% | 105,583 | -13.7% | Trimmed |
| GOOG Alphabet Inc. | $3.8M | 1.9% | 10,706 | +43.0% | Added |
| MSFT Microsoft Corporation | $3.2M | 1.6% | 8,590 | New | New |
| APH Amphenol Corporation | $3.1M | 1.5% | 17,636 | +3.9% | Added |
| Innovator Etfs Trust | $3.1M | 1.5% | 92,876 | New | New |
| ANET Arista Networks Inc. | $2.9M | 1.4% | 16,919 | New | New |
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $2.9M | 1.4% | 5,990 | -7.0% | Trimmed |
| INCY Incyte Corp. | $2.8M | 1.4% | 24,786 | +3.5% | Added |
| IBKR Interactive Brokers Group Inc. | $2.8M | 1.4% | 32,278 | +1.8% | Added |
| AAPL Apple Inc. | $2.7M | 1.3% | 9,296 | +2.3% | Added |
| EXPE Expedia Group Inc. | $2.6M | 1.3% | 10,199 | +3.6% | Added |
| AXP American Express Company | $2.6M | 1.3% | 7,648 | +3.5% | Added |
| EVR Evercore Inc. | $2.6M | 1.3% | 7,566 | -4.2% | Trimmed |
| MRSH Marsh | $2.6M | 1.3% | 15,375 | New | New |
| NBIX Neurocrine Biosciences Inc. | $2.6M | 1.3% | 15,167 | New | New |
| Innovator Etfs Trust | $2.5M | 1.3% | 81,081 | -2.2% | Trimmed |
| FERG Ferguson Enterprises Inc. | $2.5M | 1.3% | 10,742 | New | New |
| NOW ServiceNow Inc. | $2.5M | 1.3% | 25,359 | New | New |
| AVGO Broadcom Inc. | $2.5M | 1.3% | 6,663 | New | New |
| LGN Legence Corp. | $2.5M | 1.2% | 28,832 | New | New |
Share positions only, at the value reported for the end of Q2 2026. Weight is the share of $201M in share positions; options and bonds count in the 13F value but not here.
Biggest buys in Q2 2026
- Invesco Exchange Traded FD T Added+$7.3M
- MSFT Microsoft Corporation New+$3.2M
- Innovator Etfs Trust New+$3.1M
- ANET Arista Networks Inc. New+$2.9M
- MRSH Marsh New+$2.6M
- NBIX Neurocrine Biosciences Inc. New+$2.6M
- FERG Ferguson Enterprises Inc. New+$2.5M
- NOW ServiceNow Inc. New+$2.5M
- AVGO Broadcom Inc. New+$2.5M
- LGN Legence Corp. New+$2.5M
Biggest sells in Q2 2026
- QQQ Invesco QQQ Trust, Series 1 Trimmed-$7.2M
- NVDA NVIDIA Corporation Trimmed-$4.4M
- PBR Petroleo Brasileiro S.A. Petrobras Sold out-$2.5M
- AMX America Movil S.A.B. de C.V. Sold out-$2.4M
- AMAT Applied Materials Inc. Trimmed-$2.3M
- Te Connectivity PLC Ord SHS Sold out-$2.3M
- AMD Advanced Micro Devices Inc. Sold out-$2.2M
- AEM Agnico Eagle Mines Limited Sold out-$2.2M
- NEM Newmont Corporation Sold out-$2.2M
- CBOE Cboe Global Markets, Inc. Sold out-$2.2M
The change in shares since Q1 2026, adjusted for stock splits and priced at the Q2 2026 value per share. 18 new, 13 added, 13 trimmed, 11 sold out.
Sector mix
- Not listed with us47.0%
- Technology18.0%
- Funds and other9.4%
- Health Care7.3%
- Finance5.2%
- n/a4.5%
- Consumer Discretionary3.3%
- Real Estate1.8%
- Telecommunications1.4%
- Miscellaneous1.3%
- Industrials0.7%
13F value by quarter
More holdings
| Stock | Value | Weight | Shares | Change in shares | Move |
|---|---|---|---|---|---|
| GILD Gilead Sciences Inc. | $2.4M | 1.2% | 19,358 | New | New |
| Vanguard Morningstar Growth ETF | $2.4M | 1.2% | 27,611 | +484.5% | Added |
| UTHR United Therapeutics Corporation | $2.4M | 1.2% | 4,349 | +2.6% | Added |
| O Realty Income Corporation | $2.3M | 1.2% | 37,542 | +5.0% | Added |
| Vaneck ETF Trust | $2.3M | 1.1% | 21,775 | -2.6% | Trimmed |
| AMAT Applied Materials Inc. | $2.2M | 1.1% | 3,028 | -51.7% | Trimmed |
| FSLR First Solar Inc. | $2.2M | 1.1% | 9,234 | -18.7% | Trimmed |
| REGN Regeneron Pharmaceuticals Inc. | $1.9M | 1.0% | 3,083 | +5.0% | Added |
| Innovator Etfs Trust | $1.9M | 0.9% | 45,945 | 0% | Unchanged |
| Innovator Etfs Trust | $1.9M | 0.9% | 37,821 | 0% | Unchanged |
| LLY Eli Lilly and Company | $1.8M | 0.9% | 1,480 | -35.4% | Trimmed |
| UAL United Airlines Holdings Inc. | $1.5M | 0.7% | 10,803 | New | New |
| Innovator Growth-100 Power Buffer ETF - May | $1.5M | 0.7% | 49,518 | New | New |
| CDP COPT Defense Properties | $1.4M | 0.7% | 37,872 | New | New |
| MTZ MasTec Inc. | $1.3M | 0.7% | 3,150 | New | New |
| Super Group SGHC Limited | $1.2M | 0.6% | 91,693 | New | New |
| Innovator Etfs Trust | $1.2M | 0.6% | 39,658 | 0% | Unchanged |
| VRT Vertiv Holdings LLC | $1.2M | 0.6% | 3,585 | New | New |
| META Meta Platforms Inc. | $1.2M | 0.6% | 2,064 | -42.4% | Trimmed |
| CLS Celestica Inc. | $1.2M | 0.6% | 3,184 | -60.2% | Trimmed |
| ZVRA Zevra Therapeutics Inc. | $664K | 0.3% | 46,336 | New | New |
| LRCX Lam Research Corporation | $478K | 0.2% | 1,104 | 0% | Unchanged |
| Innovator Etfs Trust | $244K | 0.1% | 4,131 | 0% | Unchanged |
| MMM 3M Company | $206K | 0.1% | 1,275 | New | New |
Questions about Element Squared LLC
- What does Element Squared LLC own?
- In its Form 13F for Q2 2026, Element Squared LLC reported 49 holdings worth $201M. The five largest were Innovator Etfs Trust, Invesco Exchange Traded FD T, SPY, QQQ, NVDA.
- What did Element Squared LLC buy and sell in Q2 2026?
- Element Squared LLC opened 18 new positions, added to 13, trimmed 13 and sold out of 11 compared with the quarter before.
- When did Element Squared LLC file its latest 13F?
- Form 13F is due 45 days after each quarter ends. The Q2 2026 report was due August 14, 2026 and was filed July 28, 2026.
From Form 13F filed by Element Squared LLC (SEC CIK 0002086643) for the quarter ended June 30, 2026, via the SEC's Form 13F data sets. Amendments that restate a report replace it; amendments that add holdings are included. View on SEC EDGAR · All funds