DAVID R RAHN & ASSOCIATES INC
Q3 2026 Form 13-F
PORT OF REDWOOD CITY, CALIFORNIA
CIK 0001510809
· CRD 107501
· SEC-registered investment adviser
$434.4M Reported Value Total
AVALON CAPITAL MANAGEMENT reports 508 total accounts under management (AUM). There are 391 discretionary accounts valued at $463,877,550, and 117 non-discretionary accounts valued at $118,321,300.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Source: Form ADV filed 2026-07-21
Reported value
$434.4M
Quarter over quarter
+1.1%
Holdings
127
Top-10 concentration
52.8%
Key People
Form ADV owners & control persons
Carol Lynn Harris Erario
TRUSTEE
Maie Kaarsoo Herrick
TRUSTEE
Tracy G Herrick
TRUSTEE
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
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Q3 2026 13F record
Q3 2026 13F filing summary
| Period of report | September 30, 2026 |
|---|---|
| Filed | November 04, 2026 |
| Form | 13F-HR |
| Reported value | $434.4M |
| Positions | 127 |
| Change in reported value | +2.6% |
| New positions | 14 |
| Exited positions | 13 |
| Position turnover | 19.3% |
| Top-10 concentration | 52.8% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q3 2026 13F
Filed Nov 4, 2026
|
127 | $434.4M |
|
Q2 2026 13F
Filed Jul 16, 2026
|
126 | $423.4M |
|
Q1 2026 13F
Filed May 15, 2026
|
121 | $354.3M |
|
Q4 2025 13F
Filed Feb 11, 2026
|
139 | $418.0M |
|
Q3 2025 13F
Filed Oct 22, 2025
|
133 | $408.0M |
|
Q2 2025 13F
Filed Aug 7, 2025
|
127 | $372.2M |
|
Q1 2025 13F
Filed May 7, 2025
|
126 | $344.3M |
|
Q4 2024 13F
Filed Feb 4, 2025
|
131 | $309.8M |
|
Q3 2024 13F
Filed Nov 13, 2024
|
130 | $330.2M |
|
Q2 2024 13F
Filed Jul 24, 2024
|
120 | $315.4M |
|
Q1 2024 13F
Filed Apr 17, 2024
|
99 | $244.1M |
|
Q4 2023 13F
Filed Jan 12, 2024
|
93 | $238.2M |
|
Q3 2023 13F
Filed Dec 6, 2023
|
69 | $196.0M |
|
Q2 2023 13F
Filed Jul 27, 2023
|
54 | $213.6M |
|
Q1 2023 13F
Filed May 15, 2023
|
52 | $195.0M |
|
Q4 2022 13F
Filed Jan 30, 2023
|
54 | $198.6M |
|
Q3 2022 13F
Filed Oct 19, 2022
|
57 | $208.8M |
|
Q2 2022 13F
Filed Jul 26, 2022
|
59 | $244.4M |
|
Q1 2022 13F
Filed May 10, 2022
|
70 | $260.5M |
|
Q4 2021 13F
Filed Feb 7, 2022
|
60 | $226.9M |
34 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q3 2026
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | GOOGL ALPHABET INC | $50.0M | 11.52% |
| 2 | GDX VANECK ETF TRUST | $30.4M | 7.0% |
| 3 | GLD SPDR GOLD TR | $25.6M | 5.88% |
| 4 | SMH VANECK ETF TRUST | $23.0M | 5.29% |
| 5 | GOOG ALPHABET INC | $21.2M | 4.88% |
| 6 | AMZN AMAZON COM INC | $16.6M | 3.83% |
| 7 | CSCO CISCO SYS INC | $16.5M | 3.8% |
| 8 | LLY ELI LILLY & CO | $15.9M | 3.66% |
| 9 | AAPL APPLE INC | $15.4M | 3.54% |
| 10 | IEMG ISHARES INC | $14.7M | 3.38% |
| 11 | SCHA SCHWAB STRATEGIC TR | $11.2M | 2.58% |
| 12 | XLE SELECT SECTOR SPDR TR | $11.2M | 2.57% |
| 13 | EMBX VANECK FDS | $8.7M | 1.99% |
| 14 | CVX CHEVRON CORPORATION | $8.5M | 1.95% |
| 15 | PIT VANECK ETF TRUST | $7.3M | 1.68% |
| 16 | SIL GLOBAL X FDS | $7.3M | 1.67% |
| 17 | MSFT MICROSOFT CORP | $7.2M | 1.65% |
| 18 | FLTR VANECK ETF TRUST | $7.1M | 1.63% |
| 19 | PWRD TCW ETF TRUST | $6.5M | 1.49% |
| 20 | DISV DIMENSIONAL ETF TRUST | $6.5M | 1.49% |
Values as reported on the Q3 2026 Form 13F. Every position is in the holdings table below.