ELEMENT SQUARED LLC
Q2 2026 Form 13-F
MINNEAPOLIS, MINNESOTA
CIK 0002086643
· CRD 311284
· SEC-registered investment adviser
$201.0M Reported Value Total
ELEMENT SQUARED PRIVATE WEALTH reports 478 total accounts under management (AUM). There are 478 discretionary accounts valued at $203,482,682, and 0 non-discretionary accounts.
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 2026-09-15
Reported value
$201.0M
Quarter over quarter
+15.3%
Holdings
49
Top-10 concentration
62.0%
Key People
Form ADV owners & control persons
Drew M Sweetman
MANAGING MEMBER/CHIEF COMPLIANCE OFFICER
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Q2 2026 13F record
Q2 2026 13F filing summary
| Period of report | June 30, 2026 |
|---|---|
| Filed | July 28, 2026 |
| Form | 13F-HR |
| Reported value | $201.0M |
| Positions | 49 |
| Change in reported value | +13.4% |
| New positions | 18 |
| Exited positions | 11 |
| Position turnover | 48.3% |
| Top-10 concentration | 62.0% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q3 2026 13F
Filed Nov 9, 2026
|
53 | $210.4M |
|
Q2 2026 13F
Filed Jul 28, 2026
|
49 | $201.0M |
|
Q1 2026 13F
Filed Apr 23, 2026
|
42 | $177.3M |
|
Q4 2025 13F
Filed Jan 20, 2026
|
49 | $184.3M |
|
Q3 2025 13F
Filed Nov 14, 2025
|
60 | $175.4M |
|
Q2 2025 13F
Filed Oct 7, 2025
|
55 | $160.4M |
Top 20 holdings · Q2 2026
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | NMAR INNOVATOR ETFS TRUST | $41.7M | 20.73% |
| 2 | RSP INVESCO EXCHANGE TRADED FD T | $27.9M | 13.9% |
| 3 | SPY STATE STR SPDR S&P 500 ETF T | $19.0M | 9.45% |
| 4 | QQQ INVESCO QQQ TR | $9.1M | 4.54% |
| 5 | NVDA NVIDIA CORPORATION | $7.2M | 3.58% |
| 6 | NOCT INNOVATOR ETFS TRUST | $6.6M | 3.28% |
| 7 | GOOG ALPHABET INC | $3.8M | 1.88% |
| 8 | MSFT MICROSOFT CORP | $3.2M | 1.59% |
| 9 | APH AMPHENOL CORP | $3.1M | 1.55% |
| 10 | NJUN INNOVATOR ETFS TRUST | $3.1M | 1.52% |
| 11 | ANET ARISTA NETWORKS INC | $2.9M | 1.43% |
| 12 | TSM TAIWAN SEMICONDUCTOR MANUFAC | $2.9M | 1.42% |
| 13 | INCY INCYTE CORP | $2.8M | 1.4% |
| 14 | IBKR INTERACTIVE BROKERS GROUP IN | $2.8M | 1.4% |
| 15 | AAPL APPLE INC | $2.7M | 1.34% |
| 16 | EXPE EXPEDIA GROUP INC | $2.6M | 1.3% |
| 17 | AXP AMERICAN EXPRESS CO | $2.6M | 1.29% |
| 18 | EVR EVERCORE INC | $2.6M | 1.29% |
| 19 | MRSH MARSH & MCLENNAN COS INC | $2.6M | 1.27% |
| 20 | NBIX NEUROCRINE BIOSCIENCES INC | $2.6M | 1.27% |
Values as reported on the Q2 2026 Form 13F. Every position is in the holdings table below.