# EDGAR Filing Document

**Accession Number:** 0002014200
**File Stem:** 0001951757-25-001269
**Filing Date:** 2025-11
**Character Count:** 11069
**Document Hash:** a04d780c673b9984afef7aebb201fc75
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001951757-25-001269.hdr.sgml**: 20251104

**ACCESSION NUMBER**: 0001951757-25-001269

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251104

**DATE AS OF CHANGE**: 20251104

**EFFECTIVENESS DATE**: 20251104

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SWP FINANCIAL LLC
- **CENTRAL INDEX KEY:** 0002014200

**ORGANIZATION NAME:**
- **EIN:** 934622399
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-24011
- **FILM NUMBER:** 251446738

**BUSINESS ADDRESS:**
- **STREET 1:** 3655 NOBEL DRIVE
- **STREET 2:** SUITE 510
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92122
- **BUSINESS PHONE:** (858) 768-0096

**MAIL ADDRESS:**
- **STREET 1:** 3655 NOBEL DRIVE
- **STREET 2:** SUITE 510
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92122

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** SWP FINANCIAL LLC<br>**Address:** 3655 NOBEL DRIVE<br>SUITE 510<br>SAN DIEGO, CA 92122

**Form 13F File Number:** 028-24011

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:** Philip Smith<br>**Title:** Chief Compliance Officer<br>**Phone:** (858) 768-0096

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

Philip Smith  San Diego, CA  11-04-2025<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:** 74

**Form 13F Information Table Value Total:** $196384216

      (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 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 314270 | 1293 | SH |  | SOLE |  | 0 | 0 | 1293 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 209453 | 860 | SH |  | SOLE |  | 0 | 0 | 860 |
| AMAZON COM INC | COM | 023135106 |  | 220668 | 1005 | SH |  | SOLE |  | 0 | 0 | 1005 |
| APPLE INC | COM | 037833100 |  | 9905979 | 38903 | SH |  | SOLE |  | 0 | 0 | 38903 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 690344 | 1373 | SH |  | SOLE |  | 0 | 0 | 1373 |
| BLACKROCK ETF TRUST | ISHARES A I INNO | 09290C780 |  | 3765867 | 110143 | SH |  | SOLE |  | 0 | 0 | 110143 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 265008 | 286 | SH |  | SOLE |  | 0 | 0 | 286 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 309969 | 909 | SH |  | SOLE |  | 0 | 0 | 909 |
| GLOBAL X FDS | DEFENSE TECH ETF | 37960A529 |  | 2214316 | 31496 | SH |  | SOLE |  | 0 | 0 | 31496 |
| GRAYSCALE BITCOIN TRUST ETF | SHS REP COM UT | 389637109 |  | 259884 | 2895 | SH |  | SOLE |  | 0 | 0 | 2895 |
| HALOZYME THERAPEUTICS INC | COM | 40637H109 |  | 561198 | 7652 | SH |  | SOLE |  | 0 | 0 | 7652 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 338106 | 756 | SH |  | SOLE |  | 0 | 0 | 756 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 |  | 1961566 | 18978 | SH |  | SOLE |  | 0 | 0 | 18978 |
| ISHARES TR | CORE S ETF | 464287200 |  | 20809583 | 31073 | SH |  | SOLE |  | 0 | 0 | 31073 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 2882223 | 44165 | SH |  | SOLE |  | 0 | 0 | 44165 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 2027928 | 17066 | SH |  | SOLE |  | 0 | 0 | 17066 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 273983 | 2733 | SH |  | SOLE |  | 0 | 0 | 2733 |
| ISHARES TR | ESG OPTIMIZED | 464288802 |  | 350384 | 2583 | SH |  | SOLE |  | 0 | 0 | 2583 |
| BLACKROCK ETF TRUST II | ISHARES FLEXIBLE | 092528603 |  | 4054120 | 76148 | SH |  | SOLE |  | 0 | 0 | 76148 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 2302734 | 31644 | SH |  | SOLE |  | 0 | 0 | 31644 |
| ISHARES TR | S 100 ETF | 464287101 |  | 7122776 | 21382 | SH |  | SOLE |  | 0 | 0 | 21382 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 4492716 | 37216 | SH |  | SOLE |  | 0 | 0 | 37216 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 2696091 | 13056 | SH |  | SOLE |  | 0 | 0 | 13056 |
| ISHARES TR | S MC 400VL ETF | 464287705 |  | 224156 | 1728 | SH |  | SOLE |  | 0 | 0 | 1728 |
| BLACKROCK ETF TRUST II | ISHARES TOTAL RE | 092528876 |  | 5118234 | 100379 | SH |  | SOLE |  | 0 | 0 | 100379 |
| ISHARES TR | 10-20 YR TRS ETF | 464288653 |  | 5300174 | 51463 | SH |  | SOLE |  | 0 | 0 | 51463 |
| ISHARES TR | CORE TOTAL USD | 46434V613 |  | 11570970 | 247719 | SH |  | SOLE |  | 0 | 0 | 247719 |
| ISHARES TR | EAFE VALUE ETF | 464288877 |  | 1376237 | 20270 | SH |  | SOLE |  | 0 | 0 | 20270 |
| ISHARES TR | ESG AWR US AGRGT | 46435U549 |  | 217528 | 4343 | SH |  | SOLE |  | 0 | 0 | 4343 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 216047 | 2661 | SH |  | SOLE |  | 0 | 0 | 2661 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 905824 | 17081 | SH |  | SOLE |  | 0 | 0 | 17081 |
| ISHARES TR | ISHS 5-10YR INVT | 464288638 |  | 1001017 | 18506 | SH |  | SOLE |  | 0 | 0 | 18506 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 |  | 1604713 | 16858 | SH |  | SOLE |  | 0 | 0 | 16858 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 2384087 | 9290 | SH |  | SOLE |  | 0 | 0 | 9290 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 10110259 | 51943 | SH |  | SOLE |  | 0 | 0 | 51943 |
| ISHARES TR | US TREAS BD ETF | 46429B267 |  | 2011209 | 86990 | SH |  | SOLE |  | 0 | 0 | 86990 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 260328 | 3138 | SH |  | SOLE |  | 0 | 0 | 3138 |
| ISHARES TR | CONV BD ETF | 46435G102 |  | 1335517 | 13348 | SH |  | SOLE |  | 0 | 0 | 13348 |
| ISHARES TR | CORE 80/20 AGGRE | 464289859 |  | 357055 | 4051 | SH |  | SOLE |  | 0 | 0 | 4051 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 3050427 | 34938 | SH |  | SOLE |  | 0 | 0 | 34938 |
| BLACKROCK ETF TRUST | ISHARES US EQUIT | 09290C103 |  | 10259893 | 173171 | SH |  | SOLE |  | 0 | 0 | 173171 |
| BLACKROCK ETF TRUST | ISHARES US THEMA | 09290C806 |  | 4037277 | 106548 | SH |  | SOLE |  | 0 | 0 | 106548 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 317638 | 1007 | SH |  | SOLE |  | 0 | 0 | 1007 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1055463 | 1437 | SH |  | SOLE |  | 0 | 0 | 1437 |
| MICROSOFT CORP | COM | 594918104 |  | 400404 | 773 | SH |  | SOLE |  | 0 | 0 | 773 |
| NETFLIX INC | COM | 64110L106 |  | 455590 | 380 | SH |  | SOLE |  | 0 | 0 | 380 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 314828 | 1687 | SH |  | SOLE |  | 0 | 0 | 1687 |
| ORACLE CORP | COM | 68389X105 |  | 460390 | 1637 | SH |  | SOLE |  | 0 | 0 | 1637 |
| QUALCOMM INC | COM | 747525103 |  | 788882 | 4742 | SH |  | SOLE |  | 0 | 0 | 4742 |
| QUANTUMSCAPE CORP | COM CL A | 74767V109 |  | 123200 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| SEMPRA | COM | 816851109 |  | 1420964 | 15792 | SH |  | SOLE |  | 0 | 0 | 15792 |
| SPDR SERIES TRUST | PORTFLI HIGH YLD | 78468R606 |  | 1001173 | 41820 | SH |  | SOLE |  | 0 | 0 | 41820 |
| TETRA TECH INC NEW | COM | 88162G103 |  | 469824 | 14075 | SH |  | SOLE |  | 0 | 0 | 14075 |
| TRIMBLE INC | COM | 896239100 |  | 727420 | 8909 | SH |  | SOLE |  | 0 | 0 | 8909 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 354278 | 1026 | SH |  | SOLE |  | 0 | 0 | 1026 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 539495 | 6909 | SH |  | SOLE |  | 0 | 0 | 6909 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 415282 | 5584 | SH |  | SOLE |  | 0 | 0 | 5584 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 3456116 | 69877 | SH |  | SOLE |  | 0 | 0 | 69877 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 383788 | 6405 | SH |  | SOLE |  | 0 | 0 | 6405 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 14485274 | 30184 | SH |  | SOLE |  | 0 | 0 | 30184 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 350814 | 1069 | SH |  | SOLE |  | 0 | 0 | 1069 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 15253392 | 81792 | SH |  | SOLE |  | 0 | 0 | 81792 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 273734 | 447 | SH |  | SOLE |  | 0 | 0 | 447 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 2758736 | 38654 | SH |  | SOLE |  | 0 | 0 | 38654 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 4411607 | 81363 | SH |  | SOLE |  | 0 | 0 | 81363 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 1013795 | 7357 | SH |  | SOLE |  | 0 | 0 | 7357 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 4290601 | 13937 | SH |  | SOLE |  | 0 | 0 | 13937 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 215642 | 734 | SH |  | SOLE |  | 0 | 0 | 734 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 2853390 | 9714 | SH |  | SOLE |  | 0 | 0 | 9714 |
| VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 92206C771 |  | 5240783 | 111601 | SH |  | SOLE |  | 0 | 0 | 111601 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 2508981 | 9867 | SH |  | SOLE |  | 0 | 0 | 9867 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 223242 | 299 | SH |  | SOLE |  | 0 | 0 | 299 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 222877 | 2659 | SH |  | SOLE |  | 0 | 0 | 2659 |
| WP CAREY INC | COM | 92936U109 |  | 226495 | 3352 | SH |  | SOLE |  | 0 | 0 | 3352 |

---