# EDGAR Filing Document

**Accession Number:** 0001704212
**File Stem:** 0001704212-25-000005
**Filing Date:** 2025-8
**Character Count:** 14148
**Document Hash:** b5de6ec4ecc6b9405af9bd0bfacd7ba6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001704212-25-000005.hdr.sgml**: 20250806

**ACCESSION NUMBER**: 0001704212-25-000005

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250806

**DATE AS OF CHANGE**: 20250806

**EFFECTIVENESS DATE**: 20250806

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Black Swift Group, LLC
- **CENTRAL INDEX KEY:** 0001704212

**ORGANIZATION NAME:**
- **EIN:** 814408412
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20513
- **FILM NUMBER:** 251187889

**BUSINESS ADDRESS:**
- **STREET 1:** 2595 CANYON BLVD
- **STREET 2:** SUITE 330
- **CITY:** BOULDER
- **STATE:** CO
- **ZIP:** 80302
- **BUSINESS PHONE:** 3039554381

**MAIL ADDRESS:**
- **STREET 1:** 2595 CANYON BLVD
- **STREET 2:** SUITE 330
- **CITY:** BOULDER
- **STATE:** CO
- **ZIP:** 80302

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** Black Swift Group LLC<br>**Address:** 2595 CANYON BLVD<br>SUITE 330<br>BOULDER, CO 80302

**Form 13F File Number:** 028-20513

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:** Linda Casals<br>**Title:** Chief Compliance Officer<br>**Phone:** 303-955-4381

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

Linda J Casals  Boulder, CO  08-06-2025<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:** 104

**Form 13F Information Table Value Total:** $495468548

      (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 |
| SPDR SERIES TRUST | PRTFLO S GW | 78464A409 |  | 63984789 | 671263 | SH |  | SOLE |  | 0 | 0 | 671263 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 46338750 | 75000 | SH |  | SOLE |  | 0 | 0 | 75000 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 29272668 | 68945 | SH |  | SOLE |  | 0 | 0 | 68945 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 21689656 | 85652 | SH |  | SOLE |  | 0 | 0 | 85652 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 19697573 | 70631 | SH |  | SOLE |  | 20500 | 0 | 50131 |
| AMAZON COM INC | COM | 023135106 |  | 19187849 | 87460 | SH |  | SOLE |  | 20500 | 0 | 66960 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 17498100 | 159800 | SH |  | SOLE |  | 0 | 0 | 159800 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 15694260 | 185052 | SH |  | SOLE |  | 0 | 0 | 185052 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 14880871 | 81880 | SH |  | SOLE |  | 0 | 0 | 81880 |
| GLOBAL X FDS | ARTIFICIAL ETF | 37954Y632 |  | 11620317 | 265972 | SH |  | SOLE |  | 0 | 0 | 265972 |
| SERIES PORTFOLIOS TR | ELDRIDGE BBB B | 81752T528 |  | 11587512 | 433340 | SH |  | SOLE |  | 0 | 0 | 433340 |
| ISHARES TR | EUROPE ETF | 464287861 |  | 11131368 | 175990 | SH |  | SOLE |  | 0 | 0 | 175990 |
| GOLDMAN SACHS ETF TR | EQUAL WEIGHT US | 381430438 |  | 10870097 | 133310 | SH |  | SOLE |  | 0 | 0 | 133310 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 10784562 | 19550 | SH |  | SOLE |  | 3500 | 0 | 16050 |
| META PLATFORMS INC | CL A | 30303M102 |  | 9517671 | 12895 | SH |  | SOLE |  | 5200 | 0 | 7695 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 8910178 | 308845 | SH |  | SOLE |  | 0 | 0 | 308845 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 7782257 | 15280 | SH |  | SOLE |  | 5000 | 0 | 10280 |
| ISHARES INC | MSCI EMRG CHN | 46434G764 |  | 7313191 | 115825 | SH |  | SOLE |  | 0 | 0 | 115825 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A854 |  | 7281721 | 100175 | SH |  | SOLE |  | 0 | 0 | 100175 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 |  | 7057410 | 98320 | SH |  | SOLE |  | 0 | 0 | 98320 |
| GLOBAL X FDS | RBTCS ARTFL INTE | 37954Y715 |  | 6905638 | 211505 | SH |  | SOLE |  | 0 | 0 | 211505 |
| FIRST TR EXCHANGE TRADED FD | NASDQ CLN EDGE | 33737A108 |  | 6698957 | 48187 | SH |  | SOLE |  | 0 | 0 | 48187 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 6057969 | 38344 | SH |  | SOLE |  | 30500 | 0 | 7844 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 5911106 | 116475 | SH |  | SOLE |  | 0 | 0 | 116475 |
| GOLDMAN SACHS ETF TR | FUTURE TECH LEAD | 38149W812 |  | 4977416 | 137955 | SH |  | SOLE |  | 0 | 0 | 137955 |
| SERIES PORTFOLIOS TR | ELDRIDGE AAA CLO | 81752T486 |  | 4799488 | 187480 | SH |  | SOLE |  | 0 | 0 | 187480 |
| ISHARES TR | BRAZIL SM-CP ETF | 464289131 |  | 4230338 | 319030 | SH |  | SOLE |  | 0 | 0 | 319030 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 4217268 | 29720 | SH |  | SOLE |  | 5000 | 0 | 24720 |
| EA SERIES TRUST | ALPHA ARCH 1-3 | 02072L565 |  | 4196203 | 37240 | SH |  | SOLE |  | 0 | 0 | 37240 |
| ABRDN PLATINUM ETF TRUST | PHYSCL PLATM SHS | 003260106 |  | 4035665 | 32845 | SH |  | SOLE |  | 0 | 0 | 32845 |
| TKO GROUP HOLDINGS INC | CL A | 87256C101 |  | 3884633 | 21350 | SH |  | SOLE |  | 20000 | 0 | 1350 |
| ETFIS SER TR I | VIRTUS INFRCAP | 26923G822 |  | 3629419 | 174240 | SH |  | SOLE |  | 0 | 0 | 174240 |
| AEROVIRONMENT INC | COM | 008073108 |  | 3576123 | 12550 | SH |  | SOLE |  | 10000 | 0 | 2550 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 3404772 | 5994 | SH |  | SOLE |  | 0 | 0 | 5994 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 3363659 | 185530 | SH |  | SOLE |  | 0 | 0 | 185530 |
| ISHARES TR | S 100 ETF | 464287101 |  | 3347850 | 11000 | SH |  | SOLE |  | 0 | 0 | 11000 |
| INVESCO EXCHANGE TRADED FD T | LEISURE AND ENTE | 46137V720 |  | 3136328 | 55120 | SH |  | SOLE |  | 0 | 0 | 55120 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 2986408 | 15250 | SH |  | SOLE |  | 15000 | 0 | 250 |
| EXCHANGE TRADED CONCEPTS TRU | RANGE NUCLEAR RE | 301505475 |  | 2900962 | 51290 | SH |  | SOLE |  | 0 | 0 | 51290 |
| VICI PPTYS INC | COM | 925652109 |  | 2717047 | 83345 | SH |  | SOLE |  | 0 | 0 | 83345 |
| SERVICENOW INC | COM | 81762P102 |  | 2570200 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| ISHARES TR | IBONDS DEC2026 | 46435GAA0 |  | 2563346 | 105705 | SH |  | SOLE |  | 0 | 0 | 105705 |
| ISHARES TR | IBONDS 26 TRM TS | 46436E858 |  | 2368669 | 103300 | SH |  | SOLE |  | 0 | 0 | 103300 |
| GLOBAL X FDS | GLOBAL X COPPER | 37954Y830 |  | 2361375 | 52475 | SH |  | SOLE |  | 0 | 0 | 52475 |
| KRATOS DEFENSE  SEC SOLUTIO | COM NEW | 50077B207 |  | 2322500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2280690 | 4695 | SH |  | SOLE |  | 0 | 0 | 4695 |
| GLOBAL X FDS | GLBL X MLP ETF | 37954Y343 |  | 2186210 | 43550 | SH |  | SOLE |  | 0 | 0 | 43550 |
| SHARKNINJA INC | COM SHS | G8068L108 |  | 2078790 | 21000 | SH |  | SOLE |  | 20000 | 0 | 1000 |
| SYMBOTIC INC | CLASS A COM | 87151X101 |  | 2070705 | 53300 | SH |  | SOLE |  | 50000 | 0 | 3300 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 2061400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 2014950 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| GLOBAL X FDS | AGING POPULATION | 37954Y772 |  | 1710536 | 53605 | SH |  | SOLE |  | 0 | 0 | 53605 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 1664083 | 5740 | SH |  | SOLE |  | 0 | 0 | 5740 |
| REALTY INCOME CORP | COM | 756109104 |  | 1488066 | 25830 | SH |  | SOLE |  | 0 | 0 | 25830 |
| VANECK ETF TRUST | CLO ETF | 92189H748 |  | 1187933 | 22435 | SH |  | SOLE |  | 0 | 0 | 22435 |
| VANECK ETF TRUST | BDC INCOME ETF | 92189F411 |  | 1172160 | 72000 | SH |  | SOLE |  | 0 | 0 | 72000 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 1104841 | 18050 | SH |  | SOLE |  | 0 | 0 | 18050 |
| BOEING CO | COM | 097023105 |  | 1047650 | 5000 | SH |  | SOLE |  | 0 | 0 | 5000 |
| PROLOGIS INC. | COM | 74340W103 |  | 1044367 | 9935 | SH |  | SOLE |  | 0 | 0 | 9935 |
| APPLE INC | COM | 037833100 |  | 1041238 | 5075 | SH |  | SOLE |  | 0 | 0 | 5075 |
| ISHARES TR | CORE S ETF | 464287200 |  | 990956 | 1596 | SH |  | SOLE |  | 0 | 0 | 1596 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 983770 | 2244 | SH |  | SOLE |  | 0 | 0 | 2244 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 938687 | 4350 | SH |  | SOLE |  | 0 | 0 | 4350 |
| ELI LILLY  CO | COM | 532457108 |  | 935436 | 1200 | SH |  | SOLE |  | 0 | 0 | 1200 |
| SNOWFLAKE INC | CL A | 833445109 |  | 923051 | 4125 | SH |  | SOLE |  | 0 | 0 | 4125 |
| COHERENT CORP | COM | 19247G107 |  | 847495 | 9500 | SH |  | SOLE |  | 0 | 0 | 9500 |
| CITIGROUP INC | COM NEW | 172967424 |  | 808640 | 9500 | SH |  | SOLE |  | 0 | 0 | 9500 |
| ISHARES TR | IBONDS 25 TRM TS | 46436E866 |  | 788400 | 33750 | SH |  | SOLE |  | 0 | 0 | 33750 |
| ETF SER SOLUTIONS | HOYA CAPT HI DIV | 26922B840 |  | 781122 | 82310 | SH |  | SOLE |  | 0 | 0 | 82310 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 |  | 705527 | 33725 | SH |  | SOLE |  | 0 | 0 | 33725 |
| MICROSOFT CORP | COM | 594918104 |  | 696374 | 1400 | SH |  | SOLE |  | 0 | 0 | 1400 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 634350 | 5000 | SH |  | SOLE |  | 0 | 0 | 5000 |
| ISHARES TR | IBONDS DEC25 ETF | 46434VBD1 |  | 588583 | 23375 | SH |  | SOLE |  | 0 | 0 | 23375 |
| NUSCALE PWR CORP | CL A COM | 67079K100 |  | 584697 | 14780 | SH |  | SOLE |  | 0 | 0 | 14780 |
| GLOBAL X FDS | CYBRSCURTY ETF | 37954Y384 |  | 569856 | 15360 | SH |  | SOLE |  | 0 | 0 | 15360 |
| BONDBLOXX ETF TRUST | USD HI YLD ENERG | 097890107 |  | 520018 | 13465 | SH |  | SOLE |  | 0 | 0 | 13465 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 494100 | 22500 | SH |  | SOLE |  | 0 | 0 | 22500 |
| OUSTER INC | COM NEW | 68989M202 |  | 485000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 457492 | 3195 | SH |  | SOLE |  | 0 | 0 | 3195 |
| KKR  CO INC | COM | 48251W104 |  | 445651 | 3350 | SH |  | SOLE |  | 0 | 0 | 3350 |
| BANK AMERICA CORP | COM | 060505104 |  | 437710 | 9250 | SH |  | SOLE |  | 0 | 0 | 9250 |
| WELLS FARGO CO NEW | PERP PFD CNV A | 949746804 |  | 434428 | 370 | SH |  | SOLE |  | 0 | 0 | 370 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 410157 | 4950 | SH |  | SOLE |  | 0 | 0 | 4950 |
| BLUE OWL CAPITAL CORPORATION | COM | 69121K104 |  | 408690 | 28500 | SH |  | SOLE |  | 0 | 0 | 28500 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 406725 | 3300 | SH |  | SOLE |  | 0 | 0 | 3300 |
| SOUND POINT MERIDIAN CAP INC | COMMON STOCK | 83617A108 |  | 402300 | 22500 | SH |  | SOLE |  | 0 | 0 | 22500 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 378194 | 3435 | SH |  | SOLE |  | 0 | 0 | 3435 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 372120 | 12000 | SH |  | SOLE |  | 0 | 0 | 12000 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 359645 | 6500 | SH |  | SOLE |  | 0 | 0 | 6500 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 355609 | 6970 | SH |  | SOLE |  | 0 | 0 | 6970 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 344968 | 6051 | SH |  | SOLE |  | 0 | 0 | 6051 |
| ISHARES INC | MSCI GBL ETF NEW | 46434G848 |  | 330880 | 8800 | SH |  | SOLE |  | 0 | 0 | 8800 |
| ISHARES TR | U.S. MED DVC ETF | 464288810 |  | 330739 | 5280 | SH |  | SOLE |  | 0 | 0 | 5280 |
| BROADCOM INC | COM | 11135F101 |  | 318100 | 1154 | SH |  | SOLE |  | 0 | 0 | 1154 |
| ZSCALER INC | COM | 98980G102 |  | 313940 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 292694 | 1650 | SH |  | SOLE |  | 0 | 0 | 1650 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 283263 | 932 | SH |  | SOLE |  | 0 | 0 | 932 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 282502 | 2200 | SH |  | SOLE |  | 0 | 0 | 2200 |
| OKLO INC | COM CL A | 02156V109 |  | 279950 | 5000 | SH |  | SOLE |  | 0 | 0 | 5000 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 273588 | 1400 | SH |  | SOLE |  | 0 | 0 | 1400 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 234086 | 9578 | SH |  | SOLE |  | 0 | 0 | 9578 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 226362 | 1607 | SH |  | SOLE |  | 0 | 0 | 1607 |
| JANUS DETROIT STR TR | B-BBB CLO ETF | 47103U753 |  | 214535 | 4450 | SH |  | SOLE |  | 0 | 0 | 4450 |
| THE REAL BROKERAGE INC | COM NEW | 75585H206 |  | 180400 | 40000 | SH |  | SOLE |  | 0 | 0 | 40000 |

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