# EDGAR Filing Document

**Accession Number:** 0001698607
**File Stem:** 0001698607-26-000002
**Filing Date:** 2026-2
**Character Count:** 15815
**Document Hash:** 7b4193c0d83de13c6a4b233f6cb044b1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001698607-26-000002.hdr.sgml**: 20260210

**ACCESSION NUMBER**: 0001698607-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260210

**DATE AS OF CHANGE**: 20260210

**EFFECTIVENESS DATE**: 20260210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Main Management ETF Advisors, LLC
- **CENTRAL INDEX KEY:** 0001698607

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** CA

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18707
- **FILM NUMBER:** 26614642

**BUSINESS ADDRESS:**
- **STREET 1:** 601 CALIFORNIA STREET
- **STREET 2:** SUITE 300
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94108
- **BUSINESS PHONE:** 415-217-5800

**MAIL ADDRESS:**
- **STREET 1:** 601 CALIFORNIA STREET
- **STREET 2:** SUITE 300
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94108

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**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:** Main Management ETF Advisors LLC<br>**Address:** 601 CALIFORNIA STREET<br>SUITE 300<br>SAN FRANCISCO, CA 94108

**Form 13F File Number:** 028-18707

**CRD Number (if applicable):** 000288558

**SEC File Number (if applicable):** 801-110799

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:** Hafeez Esmail<br>**Title:** CCO<br>**Phone:** 4152175805

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

Hafeez Esmail  San Francisco, CA  02-10-2026<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:** 124

**Form 13F Information Table Value Total:** $2805969

      (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 |
| iShares Expanded Tech-Software Sector ETF USD Class | COM | 464287515 |  | 23841 | 225576 | SH |  | SOLE |  | 225576 | 0 | 0 |
| iShares U.S. Home Construction ETF USD Class | COM | 464288752 |  | 61973 | 643542 | SH |  | SOLE |  | 643542 | 0 | 0 |
| VanEck Semiconductor ETF USD Class | COM | 92189F676 |  | 24433 | 67846 | SH |  | SOLE |  | 67846 | 0 | 0 |
| State Street Materials Select Sector SPDR ETF USD Class | COM | 81369Y100 |  | 72742 | 1604016 | SH |  | SOLE |  | 1604016 | 0 | 0 |
| State Street Communication Services Select Sector SPDR ETF | COM | 81369Y852 |  | 367760 | 3124023 | SH |  | SOLE |  | 3124023 | 0 | 0 |
| State Street Financial Select Sector SPDR ETF USD Class | COM | 81369Y605 |  | 411403 | 7511470 | SH |  | SOLE |  | 7511470 | 0 | 0 |
| State Street Technology Select Sector SPDR ETF USD Class | COM | 81369Y803 |  | 792761 | 5506430 | SH |  | SOLE |  | 5506430 | 0 | 0 |
| State Street Health Care Select Sector SPDR ETF USD Class | COM | 81369Y209 |  | 442461 | 2858277 | SH |  | SOLE |  | 2858277 | 0 | 0 |
| State Street Consumer Discretionary Select Sector SPDR ETF | COM | 81369Y407 |  | 248293 | 2079334 | SH |  | SOLE |  | 2079334 | 0 | 0 |
| iShares MSCI Indonesia ETF USD Class | COM | 46429B309 |  | 8366 | 447355 | SH |  | SOLE |  | 447355 | 0 | 0 |
| Franklin FTSE Canada ETF USD Class | COM | 35473P827 |  | 4271 | 88435 | SH |  | SOLE |  | 88435 | 0 | 0 |
| Franklin FTSE China ETF | COM | 35473P819 |  | 4716 | 198158 | SH |  | SOLE |  | 198158 | 0 | 0 |
| iShares Core MSCI International Developed Markets ETF | COM | 46435G326 |  | 66758 | 809383 | SH |  | SOLE |  | 809383 | 0 | 0 |
| iShares Core MSCI Emerging Markets ETF USD Class | COM | 46434G103 |  | 28159 | 418908 | SH |  | SOLE |  | 418908 | 0 | 0 |
| KraneShares CSI China Internet ETF | COM | 500767306 |  | 10065 | 295593 | SH |  | SOLE |  | 295593 | 0 | 0 |
| SPDR Portfolio Emerging Markets ETF USD Class | COM | 78463X509 |  | 11662 | 249130 | SH |  | SOLE |  | 249130 | 0 | 0 |
| State Street SPDR Portfolio Europe ETF | COM | 78463X103 |  | 21054 | 403872 | SH |  | SOLE |  | 403872 | 0 | 0 |
| Vanguard FTSE Pacific ETF | COM | 922042866 |  | 9488 | 104961 | SH |  | SOLE |  | 104961 | 0 | 0 |
| ACV Auctions Inc. | COM | 00091G104 |  | 659 | 82215 | SH |  | SOLE |  | 82215 | 0 | 0 |
| Analog Devices Inc. | COM | 032654105 |  | 1062 | 3915 | SH |  | SOLE |  | 3915 | 0 | 0 |
| Astera Labs Inc. | COM | 04626A103 |  | 3126 | 18792 | SH |  | SOLE |  | 18792 | 0 | 0 |
| Ambarella Inc. | COM | G037AX101 |  | 1220 | 17226 | SH |  | SOLE |  | 17226 | 0 | 0 |
| Advanced Micro Devices Inc. | COM | 007903107 |  | 1845 | 8613 | SH |  | SOLE |  | 8613 | 0 | 0 |
| AppLovin Corporation | COM | 03831W108 |  | 2110 | 3132 | SH |  | SOLE |  | 3132 | 0 | 0 |
| Argenx S.E. | COM | 04016X101 |  | 2634 | 3132 | SH |  | SOLE |  | 3132 | 0 | 0 |
| ASML Holding N.V. | COM | N07059210 |  | 838 | 783 | SH |  | SOLE |  | 783 | 0 | 0 |
| Ascendis Pharma A/S | COM | 04351P101 |  | 2338 | 10962 | SH |  | SOLE |  | 10962 | 0 | 0 |
| ATS Corporation | COM | 00217Y104 |  | 819 | 29754 | SH |  | SOLE |  | 29754 | 0 | 0 |
| AeroVironment Inc. | COM | 008073108 |  | 2273 | 9396 | SH |  | SOLE |  | 9396 | 0 | 0 |
| Broadcom Inc. | COM | 11135F101 |  | 4336 | 12528 | SH |  | SOLE |  | 12528 | 0 | 0 |
| Bridgebio Pharma Inc. | COM | 10806X102 |  | 2336 | 30537 | SH |  | SOLE |  | 30537 | 0 | 0 |
| Coherent Corporation | COM | 19247G107 |  | 3035 | 16443 | SH |  | SOLE |  | 16443 | 0 | 0 |
| Core Scientific Inc. | COM | 21874A106 |  | 2143 | 147204 | SH |  | SOLE |  | 147204 | 0 | 0 |
| Circle Internet Group Inc. | COM | 172573107 |  | 497 | 6264 | SH |  | SOLE |  | 6264 | 0 | 0 |
| Credo Technology Group Holding Ltd. | COM | G25457105 |  | 3267 | 22707 | SH |  | SOLE |  | 22707 | 0 | 0 |
| CRISPR Therapeutics A.G. | COM | H17182108 |  | 944 | 18009 | SH |  | SOLE |  | 18009 | 0 | 0 |
| Crowdstrike Holdings Inc. | COM | 22788C105 |  | 3670 | 7829 | SH |  | SOLE |  | 7829 | 0 | 0 |
| CoreWeave Inc. | COM | 21873S108 |  | 1234 | 17226 | SH |  | SOLE |  | 17226 | 0 | 0 |
| Cisco Systems Inc. | COM | 17275R102 |  | 965 | 12528 | SH |  | SOLE |  | 12528 | 0 | 0 |
| CoStar Group Inc. | COM | 22160N109 |  | 1158 | 17226 | SH |  | SOLE |  | 17226 | 0 | 0 |
| Carvana Company | COM | 146869102 |  | 2313 | 5481 | SH |  | SOLE |  | 5481 | 0 | 0 |
| CyberArk Software Ltd. | COM | M2682V108 |  | 2096 | 4698 | SH |  | SOLE |  | 4698 | 0 | 0 |
| Datadog Inc. | COM | 23804L103 |  | 1597 | 11745 | SH |  | SOLE |  | 11745 | 0 | 0 |
| Deere  Company | COM | 244199105 |  | 729 | 1566 | SH |  | SOLE |  | 1566 | 0 | 0 |
| DraftKings Inc. | COM | 26142V105 |  | 971 | 28188 | SH |  | SOLE |  | 28188 | 0 | 0 |
| Dlocal Ltd./Uruguay | COM | G29018101 |  | 2535 | 179307 | SH |  | SOLE |  | 179307 | 0 | 0 |
| eBay Inc. | COM | 278642103 |  | 1159 | 13311 | SH |  | SOLE |  | 13311 | 0 | 0 |
| Emerson Electric Company | COM | 291011104 |  | 624 | 4698 | SH |  | SOLE |  | 4698 | 0 | 0 |
| Flutter Entertainment plc | COM | G3643J108 |  | 1347 | 6264 | SH |  | SOLE |  | 6264 | 0 | 0 |
| fuboTV Inc. | COM | 35953D104 |  | 1760 | 698436 | SH |  | SOLE |  | 698436 | 0 | 0 |
| Gen Digital Inc. | COM | 668771108 |  | 2278 | 83781 | SH |  | SOLE |  | 83781 | 0 | 0 |
| Genius Sports Ltd. | COM | G3934V109 |  | 1803 | 163647 | SH |  | SOLE |  | 163647 | 0 | 0 |
| Guardant Health Inc. | COM | 40131M109 |  | 2719 | 26622 | SH |  | SOLE |  | 26622 | 0 | 0 |
| Global-e Online Ltd. | COM | M5216V106 |  | 2062 | 52461 | SH |  | SOLE |  | 52461 | 0 | 0 |
| Galaxy Digital Inc. | COM | 36317J209 |  | 1593 | 71253 | SH |  | SOLE |  | 71253 | 0 | 0 |
| Globus Medical Inc. | COM | 379577208 |  | 1846 | 21141 | SH |  | SOLE |  | 21141 | 0 | 0 |
| Gitlab Inc. | COM | 37637K108 |  | 1264 | 33669 | SH |  | SOLE |  | 33669 | 0 | 0 |
| Guidewire Software Inc. | COM | 40171V100 |  | 1417 | 7047 | SH |  | SOLE |  | 7047 | 0 | 0 |
| Hesai Group | COM | 428050108 |  | 1123 | 50112 | SH |  | SOLE |  | 50112 | 0 | 0 |
| HUYA Inc. | COM | 44852D108 |  | 1326 | 460404 | SH |  | SOLE |  | 460404 | 0 | 0 |
| International Business Machines Corporation | COM | 459200101 |  | 696 | 2349 | SH |  | SOLE |  | 2349 | 0 | 0 |
| Insmed Inc. | COM | 457669307 |  | 2317 | 13311 | SH |  | SOLE |  | 13311 | 0 | 0 |
| Intuit Inc. | COM | 461202103 |  | 1556 | 2349 | SH |  | SOLE |  | 2349 | 0 | 0 |
| IonQ Inc. | COM | 46222L108 |  | 1195 | 26622 | SH |  | SOLE |  | 26622 | 0 | 0 |
| JBT Marel Corporation | COM | 477839104 |  | 1062 | 7047 | SH |  | SOLE |  | 7047 | 0 | 0 |
| JD.com Inc. | COM | 47215P106 |  | 1348 | 46980 | SH |  | SOLE |  | 46980 | 0 | 0 |
| Krystal Biotech Inc. | COM | 501147102 |  | 2510 | 10179 | SH |  | SOLE |  | 10179 | 0 | 0 |
| Kaspi.KZ JSC | COM | 48581R205 |  | 1958 | 25056 | SH |  | SOLE |  | 25056 | 0 | 0 |
| Legend Biotech Corporation | COM | 52490G102 |  | 579 | 26622 | SH |  | SOLE |  | 26622 | 0 | 0 |
| Lam Research Corporation | COM | 512807306 |  | 2011 | 11745 | SH |  | SOLE |  | 11745 | 0 | 0 |
| MARA Holdings Inc. | COM | 565788106 |  | 851 | 94743 | SH |  | SOLE |  | 94743 | 0 | 0 |
| MercadoLibre Inc. | COM | 58733R102 |  | 1577 | 783 | SH |  | SOLE |  | 783 | 0 | 0 |
| Microsoft Corporation | COM | 594918104 |  | 2651 | 5481 | SH |  | SOLE |  | 5481 | 0 | 0 |
| Micron Technology Inc. | COM | 595112103 |  | 3576 | 12528 | SH |  | SOLE |  | 12528 | 0 | 0 |
| Nebius Group N.V. | COM | N97284108 |  | 3867 | 46197 | SH |  | SOLE |  | 46197 | 0 | 0 |
| Neurocrine Biosciences Inc. | COM | 64125C109 |  | 1111 | 7830 | SH |  | SOLE |  | 7830 | 0 | 0 |
| Cloudflare Inc. | COM | 18915M107 |  | 8336 | 42281 | SH |  | SOLE |  | 42281 | 0 | 0 |
| Netflix Inc. | COM | 64110L106 |  | 721 | 7695 | SH |  | SOLE |  | 7695 | 0 | 0 |
| Nokia OYJ | COM | 654902204 |  | 1743 | 269352 | SH |  | SOLE |  | 269352 | 0 | 0 |
| Natera Inc. | COM | 632307104 |  | 2153 | 9396 | SH |  | SOLE |  | 9396 | 0 | 0 |
| NU Holdings Ltd./Cayman Islands | COM | G6683N103 |  | 1625 | 97092 | SH |  | SOLE |  | 97092 | 0 | 0 |
| NVIDIA Corporation | COM | 67066G104 |  | 7594 | 40716 | SH |  | SOLE |  | 40716 | 0 | 0 |
| Oddity Tech Ltd. | COM | M7518J104 |  | 1007 | 25056 | SH |  | SOLE |  | 25056 | 0 | 0 |
| Oracle Corporation | COM | 68389X105 |  | 4731 | 24273 | SH |  | SOLE |  | 24273 | 0 | 0 |
| Ouster Inc. | COM | 68989M202 |  | 1186 | 54810 | SH |  | SOLE |  | 54810 | 0 | 0 |
| Pegasystems Inc. | COM | 705573103 |  | 1169 | 19575 | SH |  | SOLE |  | 19575 | 0 | 0 |
| Pagaya Technologies Ltd. | COM | M7S64L123 |  | 1506 | 72036 | SH |  | SOLE |  | 72036 | 0 | 0 |
| Palantir Technologies Inc. | COM | 69608A108 |  | 1809 | 10179 | SH |  | SOLE |  | 10179 | 0 | 0 |
| Insulet Corporation | COM | 45784P101 |  | 1558 | 5481 | SH |  | SOLE |  | 5481 | 0 | 0 |
| PROCEPT BioRobotics Corporation | COM | 74276L105 |  | 936 | 29754 | SH |  | SOLE |  | 29754 | 0 | 0 |
| D-Wave Quantum Inc. | COM | 26740W109 |  | 1822 | 69687 | SH |  | SOLE |  | 69687 | 0 | 0 |
| Quantum Computing Inc. | COM | 74766W108 |  | 675 | 65772 | SH |  | SOLE |  | 65772 | 0 | 0 |
| ROBLOX Corporation | COM | 771049103 |  | 1903 | 23490 | SH |  | SOLE |  | 23490 | 0 | 0 |
| Rubrik Inc. | COM | 781154109 |  | 4671 | 61074 | SH |  | SOLE |  | 61074 | 0 | 0 |
| Remitly Global Inc. | COM | 75960P104 |  | 1329 | 96309 | SH |  | SOLE |  | 96309 | 0 | 0 |
| Rigetti Computing Inc. | COM | 76655K103 |  | 1422 | 64206 | SH |  | SOLE |  | 64206 | 0 | 0 |
| Rumble Inc. | COM | 78137L105 |  | 856 | 135459 | SH |  | SOLE |  | 135459 | 0 | 0 |
| SentinelOne Inc. | COM | 81730H109 |  | 1233 | 82215 | SH |  | SOLE |  | 82215 | 0 | 0 |
| SailPoint Inc. | COM | 78781J109 |  | 2075 | 102573 | SH |  | SOLE |  | 102573 | 0 | 0 |
| Sea Ltd. | COM | 81141R100 |  | 3097 | 24273 | SH |  | SOLE |  | 24273 | 0 | 0 |
| Serve Robotics Inc. | COM | 81758H106 |  | 1731 | 166779 | SH |  | SOLE |  | 166779 | 0 | 0 |
| Sezzle Inc. | COM | 78435P105 |  | 447 | 7046 | SH |  | SOLE |  | 7046 | 0 | 0 |
| Super Group SGHC Ltd. | COM | G8588X103 |  | 1198 | 100224 | SH |  | SOLE |  | 100224 | 0 | 0 |
| Shopify Inc. | COM | 82509L107 |  | 2521 | 15660 | SH |  | SOLE |  | 15660 | 0 | 0 |
| Siemens Healthineers A.G. | COM | 82622J104 |  | 904 | 34452 | SH |  | SOLE |  | 34452 | 0 | 0 |
| Snowflake Inc. Common Stock | COM | 833445109 |  | 4122 | 18792 | SH |  | SOLE |  | 18792 | 0 | 0 |
| SoFi Technologies Inc. | COM | 83406F102 |  | 2480 | 94743 | SH |  | SOLE |  | 94743 | 0 | 0 |
| SoundHound AI Inc. | COM | 836100107 |  | 898 | 90045 | SH |  | SOLE |  | 90045 | 0 | 0 |
| Spotify Technology S.A. | COM | L8681T102 |  | 909 | 1566 | SH |  | SOLE |  | 1566 | 0 | 0 |
| Trip.com Group Ltd. | COM | 89677Q107 |  | 1295 | 18009 | SH |  | SOLE |  | 18009 | 0 | 0 |
| Tempus AI Inc. | COM | 88023B103 |  | 1572 | 26622 | SH |  | SOLE |  | 26622 | 0 | 0 |
| Tencent Music Entertainment Group | COM | 88034P109 |  | 947 | 54027 | SH |  | SOLE |  | 54027 | 0 | 0 |
| Toast Inc. | COM | 888787108 |  | 1029 | 28971 | SH |  | SOLE |  | 28971 | 0 | 0 |
| State Street Sweep | COM | 857492888 |  | 648 | 647502 | SH |  | SOLE |  | 647502 | 0 | 0 |
| Take-Two Interactive Software Inc. | COM | 874054109 |  | 2205 | 8613 | SH |  | SOLE |  | 8613 | 0 | 0 |
| Upstart Holdings Inc. | COM | 91680M107 |  | 1027 | 23490 | SH |  | SOLE |  | 23490 | 0 | 0 |
| Veeva Systems Inc. | COM | 922475108 |  | 1224 | 5481 | SH |  | SOLE |  | 5481 | 0 | 0 |
| Vnet Group Inc. | COM | 90138A103 |  | 1550 | 183222 | SH |  | SOLE |  | 183222 | 0 | 0 |
| VTEX | COM | G9470A102 |  | 857 | 227853 | SH |  | SOLE |  | 227853 | 0 | 0 |
| GeneDx Holdings Corporation | COM | 81663L200 |  | 2037 | 15660 | SH |  | SOLE |  | 15660 | 0 | 0 |
| WeRide Inc. | COM | 950915108 |  | 931 | 107271 | SH |  | SOLE |  | 107271 | 0 | 0 |
| XPeng Inc. | COM | 98422D105 |  | 2334 | 115101 | SH |  | SOLE |  | 115101 | 0 | 0 |
| Zimmer Biomet Holdings Inc. | COM | 98956P102 |  | 986 | 10962 | SH |  | SOLE |  | 10962 | 0 | 0 |
| Zscaler Inc. | COM | 98980G102 |  | 2818 | 12527 | SH |  | SOLE |  | 12527 | 0 | 0 |

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