# EDGAR Filing Document

**Accession Number:** 0001655543
**File Stem:** 0001172661-23-000601
**Filing Date:** 2023-2
**Character Count:** 13375
**Document Hash:** 73d5c0df6accf2855fbdca901b221a20
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-23-000601.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0001172661-23-000601

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**EFFECTIVENESS DATE**: 20230210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cavalier Investments, LLC
- **CENTRAL INDEX KEY:** 0001655543
- **IRS NUMBER:** 474698780
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17041
- **FILM NUMBER:** 23610010

**BUSINESS ADDRESS:**
- **STREET 1:** 12600 DEERFIELD PARKWAY
- **STREET 2:** SUITE #100
- **CITY:** ALPHARETTA
- **STATE:** GA
- **ZIP:** 30004
- **BUSINESS PHONE:** 770-777-8277

**MAIL ADDRESS:**
- **STREET 1:** 12600 DEERFIELD PARKWAY
- **STREET 2:** SUITE #100
- **CITY:** ALPHARETTA
- **STATE:** GA
- **ZIP:** 30004

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Cavalier Investments
- **DATE OF NAME CHANGE:** 20151014

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Cavalier Investments LLC<br>**Address:** 12600 Deerfield Parkway<br>Suite #100<br>Alpharetta, GA 30004

**Form 13F File Number:** 028-17041

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Jennifer Rutherford<br>**Title:** Chief Compliance Officer<br>**Phone:** 402-679-0315

**Signature, Place, and Date of Signing:**

/s/ Jennifer Rutherford  Alpharetta, GA  02-10-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 98

**Form 13F Information Table Value Total:** $278566178

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS | COM | 002824100 |  | 641832 | 5846 | SH |  | SOLE |  | 5846 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 683377 | 2561 | SH |  | SOLE |  | 2561 | 0 | 0 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 588928 | 1750 | SH |  | SOLE |  | 1750 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 591996 | 2807 | SH |  | SOLE |  | 2807 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 523152 | 5896 | SH |  | SOLE |  | 5896 | 0 | 0 |
| ALPS ETF TR | OSHS GBL INTER | 00162Q361 |  | 1906214 | 78445 | SH |  | SOLE |  | 78445 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 447468 | 5327 | SH |  | SOLE |  | 5327 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 556133 | 2625 | SH |  | SOLE |  | 2625 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 618069 | 1985 | SH |  | SOLE |  | 1985 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 611710 | 4708 | SH |  | SOLE |  | 4708 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 577074 | 5926 | SH |  | SOLE |  | 5926 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 412708 | 12461 | SH |  | SOLE |  | 12461 | 0 | 0 |
| BLACK STONE MINERALS L P | COM UNIT | 09225M101 |  | 403986 | 23947 | SH |  | SOLE |  | 23947 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 763791 | 379 | SH |  | SOLE |  | 379 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 685589 | 10778 | SH |  | SOLE |  | 10778 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 713966 | 1564 | SH |  | SOLE |  | 1564 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 738929 | 2784 | SH |  | SOLE |  | 2784 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 530229 | 6103 | SH |  | SOLE |  | 6103 | 0 | 0 |
| DORCHESTER MINERALS LP | COM UNIT | 25820R105 |  | 450686 | 15058 | SH |  | SOLE |  | 15058 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 908046 | 1517 | SH |  | SOLE |  | 1517 | 0 | 0 |
| FIRST TR EXCHANGE TRADED FD | CLOUD COMPUTING | 33734X192 |  | 5361532 | 93066 | SH |  | SOLE |  | 93066 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 602814 | 12330 | SH |  | SOLE |  | 12330 | 0 | 0 |
| GLOBAL X FDS | LITHIUM BTRY ETF | 37954Y855 |  | 4238558 | 72318 | SH |  | SOLE |  | 72318 | 0 | 0 |
| GLOBAL X FDS | NASDAQ 100 COVER | 37954Y483 |  | 9053792 | 569063 | SH |  | SOLE |  | 569063 | 0 | 0 |
| GLOBAL X FDS | S 500 COVERED | 37954Y475 |  | 9786043 | 248566 | SH |  | SOLE |  | 248566 | 0 | 0 |
| GLOBAL X FDS | RUSSELL 2000 | 37954Y459 |  | 1823836 | 96961 | SH |  | SOLE |  | 96961 | 0 | 0 |
| GLOBAL X FDS | GLBL X MLP ETF | 37954Y343 |  | 3075031 | 74474 | SH |  | SOLE |  | 74474 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 737533 | 2335 | SH |  | SOLE |  | 2335 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 1022481 | 2627 | SH |  | SOLE |  | 2627 | 0 | 0 |
| INVESCO DB COMMDY INDX TRCK | UNIT | 46138B103 |  | 7055594 | 286231 | SH |  | SOLE |  | 286231 | 0 | 0 |
| INVESCO DB MULTI-SECTOR COMM | AGRICULTURE FD | 46140H106 |  | 10464560 | 519333 | SH |  | SOLE |  | 519333 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | DWA HEALTHCARE | 46137V852 |  | 5190530 | 42196 | SH |  | SOLE |  | 42196 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL TEC | 46137V282 |  | 7664804 | 31545 | SH |  | SOLE |  | 31545 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 7062812 | 26524 | SH |  | SOLE |  | 26524 | 0 | 0 |
| ISHARES INC | MSCI AUSTRIA ETF | 464286202 |  | 1316168 | 69272 | SH |  | SOLE |  | 69272 | 0 | 0 |
| ISHARES INC | MSCI TAIWAN ETF | 46434G772 |  | 3120472 | 77701 | SH |  | SOLE |  | 77701 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 552372 | 25085 | SH |  | SOLE |  | 25085 | 0 | 0 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 2139401 | 15428 | SH |  | SOLE |  | 15428 | 0 | 0 |
| ISHARES TR | US OIL GS EX ETF | 464288851 |  | 876041 | 9434 | SH |  | SOLE |  | 9434 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 1327832 | 13337 | SH |  | SOLE |  | 13337 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 3352595 | 13860 | SH |  | SOLE |  | 13860 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 8440057 | 128581 | SH |  | SOLE |  | 128581 | 0 | 0 |
| ISHARES TR | US BR DEL SE ETF | 464288794 |  | 5060956 | 52647 | SH |  | SOLE |  | 52647 | 0 | 0 |
| ISHARES TR | U.S. MED DVC ETF | 464288810 |  | 3782517 | 71952 | SH |  | SOLE |  | 71952 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 1441608 | 8268 | SH |  | SOLE |  | 8268 | 0 | 0 |
| ISHARES TR | FALN ANGLS USD | 46435G474 |  | 2859018 | 116173 | SH |  | SOLE |  | 116173 | 0 | 0 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 2504898 | 34742 | SH |  | SOLE |  | 34742 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 4617052 | 12017 | SH |  | SOLE |  | 12017 | 0 | 0 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 20395249 | 590653 | SH |  | SOLE |  | 590653 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 437032 | 3259 | SH |  | SOLE |  | 3259 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 678085 | 2733 | SH |  | SOLE |  | 2733 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 843261 | 2305 | SH |  | SOLE |  | 2305 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 739951 | 1521 | SH |  | SOLE |  | 1521 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 2273584 | 18893 | SH |  | SOLE |  | 18893 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 1205336 | 5026 | SH |  | SOLE |  | 5026 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 667574 | 2396 | SH |  | SOLE |  | 2396 | 0 | 0 |
| MSCI INC | COM | 55354G100 |  | 676822 | 1455 | SH |  | SOLE |  | 1455 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 1865116 | 6325 | SH |  | SOLE |  | 6325 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 670935 | 5734 | SH |  | SOLE |  | 5734 | 0 | 0 |
| NUSTAR ENERGY LP | UNIT COM | 67058H102 |  | 454768 | 28423 | SH |  | SOLE |  | 28423 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 656454 | 8031 | SH |  | SOLE |  | 8031 | 0 | 0 |
| PAYCOM SOFTWARE INC | COM | 70432V102 |  | 369579 | 1191 | SH |  | SOLE |  | 1191 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 287658 | 4039 | SH |  | SOLE |  | 4039 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 693842 | 4578 | SH |  | SOLE |  | 4578 | 0 | 0 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 604985 | 5662 | SH |  | SOLE |  | 5662 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 696675 | 2080 | SH |  | SOLE |  | 2080 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 1006888 | 7594 | SH |  | SOLE |  | 7594 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 590813 | 7096 | SH |  | SOLE |  | 7096 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 7297097 | 83424 | SH |  | SOLE |  | 83424 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 |  | 7849140 | 79922 | SH |  | SOLE |  | 79922 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 8468889 | 68056 | SH |  | SOLE |  | 68056 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 11394756 | 333180 | SH |  | SOLE |  | 333180 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 558721 | 1439 | SH |  | SOLE |  | 1439 | 0 | 0 |
| SHOPIFY INC | CL A | 82509L107 |  | 571951 | 16478 | SH |  | SOLE |  | 16478 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 3262856 | 19234 | SH |  | SOLE |  | 19234 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 15682689 | 41008 | SH |  | SOLE |  | 41008 | 0 | 0 |
| SPDR SER TR | BBG CONV SEC ETF | 78464A359 |  | 2909519 | 45221 | SH |  | SOLE |  | 45221 | 0 | 0 |
| SPDR SER TR | HLTH CARE SVCS | 78464A573 |  | 2594744 | 30602 | SH |  | SOLE |  | 30602 | 0 | 0 |
| SPDR SER TR | S CAP MKTS | 78464A771 |  | 4607048 | 58428 | SH |  | SOLE |  | 58428 | 0 | 0 |
| SPDR SER TR | AEROSPACE DEF | 78464A631 |  | 4209743 | 38253 | SH |  | SOLE |  | 38253 | 0 | 0 |
| SPDR SER TR | S REGL BKG | 78464A698 |  | 6256339 | 106509 | SH |  | SOLE |  | 106509 | 0 | 0 |
| SPDR SER TR | PORTFLI TIPS ETF | 78464A656 |  | 8352732 | 324252 | SH |  | SOLE |  | 324252 | 0 | 0 |
| SPDR SER TR | PRTFLO S GW | 78464A409 |  | 2602006 | 51352 | SH |  | SOLE |  | 51352 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 784474 | 7908 | SH |  | SOLE |  | 7908 | 0 | 0 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 497792 | 11104 | SH |  | SOLE |  | 11104 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 721404 | 1310 | SH |  | SOLE |  | 1310 | 0 | 0 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 392051 | 1216 | SH |  | SOLE |  | 1216 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 683539 | 3932 | SH |  | SOLE |  | 3932 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 784136 | 1479 | SH |  | SOLE |  | 1479 | 0 | 0 |
| USA COMPRESSION PARTNERS LP | COMUNIT LTDPAR | 90290N109 |  | 448604 | 22970 | SH |  | SOLE |  | 22970 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 8040889 | 39622 | SH |  | SOLE |  | 39622 | 0 | 0 |
| VANECK ETF TRUST | VANECK VIETNAM | 92189F817 |  | 4016838 | 339260 | SH |  | SOLE |  | 339260 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 1398613 | 16957 | SH |  | SOLE |  | 16957 | 0 | 0 |
| VANGUARD WORLD FDS | MATERIALS ETF | 92204A801 |  | 4625015 | 27174 | SH |  | SOLE |  | 27174 | 0 | 0 |
| VANGUARD WORLD FDS | FINANCIALS ETF | 92204A405 |  | 3883843 | 46946 | SH |  | SOLE |  | 46946 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 701398 | 3376 | SH |  | SOLE |  | 3376 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 649169 | 4138 | SH |  | SOLE |  | 4138 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 620786 | 4236 | SH |  | SOLE |  | 4236 | 0 | 0 |

---