# EDGAR Filing Document

**Accession Number:** 0001704212
**File Stem:** 0001704212-26-000004
**Filing Date:** 2026-4
**Character Count:** 15504
**Document Hash:** 8c7fb02dd07a9ee9e6d0d218bb271405
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001704212-26-000004.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0001704212-26-000004

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**EFFECTIVENESS DATE**: 20260424

**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:** 26891681

**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:** 03-31-2026

**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:** 3039554381

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

Linda J Casals  Boulder, CO  04-24-2026<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:** 117

**Form 13F Information Table Value Total:** $571051388

      (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 | STATE STREET SPD | 78464A409 |  | 84992146 | 868064 | SH |  | SOLE |  | 5000 | 0 | 863064 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 54155112 | 83272 | SH |  | SOLE |  | 2500 | 0 | 80772 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 28088247 | 65873 | SH |  | SOLE |  | 0 | 0 | 65873 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 24466093 | 184094 | SH |  | SOLE |  | 0 | 0 | 184094 |
| AMAZON COM INC | COM | 023135106 |  | 20022036 | 96135 | SH |  | SOLE |  | 25000 | 0 | 71135 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 16554101 | 328650 | SH |  | SOLE |  | 0 | 0 | 328650 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 15978578 | 41676 | SH |  | SOLE |  | 0 | 0 | 41676 |
| GLOBAL X FDS | GLOBAL X COPPER | 37954Y830 |  | 15528368 | 203384 | SH |  | SOLE |  | 0 | 0 | 203384 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 13945935 | 363270 | SH |  | SOLE |  | 0 | 0 | 363270 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 12888439 | 44820 | SH |  | SOLE |  | 7500 | 0 | 37320 |
| VANECK ETF TRUST | FABLESS SEMICOND | 92189H664 |  | 12004694 | 322562 | SH |  | SOLE |  | 0 | 0 | 322562 |
| ISHARES TR | MSCI POLAND ETF | 46429B606 |  | 11504468 | 315970 | SH |  | SOLE |  | 0 | 0 | 315970 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A854 |  | 11408287 | 149050 | SH |  | SOLE |  | 0 | 0 | 149050 |
| ABRDN PLATINUM ETF TRUST | PHYSCL PLATM SHS | 003260106 |  | 11102838 | 62295 | SH |  | SOLE |  | 30000 | 0 | 32295 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 10636972 | 173637 | SH |  | SOLE |  | 0 | 0 | 173637 |
| FIRST TR EXCHANGE-TRADED FD | NASDQ CLN EDGE | 33737A108 |  | 10585590 | 64712 | SH |  | SOLE |  | 0 | 0 | 64712 |
| ISHARES INC | MSCI EMRG CHN | 46434G764 |  | 10339228 | 131442 | SH |  | SOLE |  | 0 | 0 | 131442 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R549 |  | 7982565 | 68620 | SH |  | SOLE |  | 0 | 0 | 68620 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 7784438 | 65625 | SH |  | SOLE |  | 25000 | 0 | 40625 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 7211440 | 41350 | SH |  | SOLE |  | 30000 | 0 | 11350 |
| GLOBAL X FDS | RBTCS ARTFL INTE | 37954Y715 |  | 7148280 | 215180 | SH |  | SOLE |  | 0 | 0 | 215180 |
| GLOBAL X FDS | ARTIFICIAL ETF | 37954Y632 |  | 7063971 | 151360 | SH |  | SOLE |  | 0 | 0 | 151360 |
| ISHARES INC | MSCI MEXICO ETF | 464286822 |  | 6225057 | 82747 | SH |  | SOLE |  | 0 | 0 | 82747 |
| TERADYNE INC | COM | 880770102 |  | 6196014 | 20900 | SH |  | SOLE |  | 8000 | 0 | 12900 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 6060103 | 84250 | SH |  | SOLE |  | 75000 | 0 | 9250 |
| VANECK ETF TRUST | REAL ASSETS ETF | 92189F130 |  | 5985795 | 147035 | SH |  | SOLE |  | 0 | 0 | 147035 |
| META PLATFORMS INC | CL A | 30303M102 |  | 5867218 | 10255 | SH |  | SOLE |  | 0 | 0 | 10255 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 |  | 5721015 | 39022 | SH |  | SOLE |  | 0 | 0 | 39022 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 |  | 5408135 | 43965 | SH |  | SOLE |  | 0 | 0 | 43965 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 4664228 | 11947 | SH |  | SOLE |  | 0 | 0 | 11947 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 4532802 | 6450 | SH |  | SOLE |  | 5000 | 0 | 1450 |
| EXCHANGE TRADED CONCEPTS TRU | ROBO GLB ETF | 301505707 |  | 4416472 | 64540 | SH |  | SOLE |  | 0 | 0 | 64540 |
| EA SERIES TRUST | ALPHA ARCH 1-3 | 02072L565 |  | 4395762 | 37800 | SH |  | SOLE |  | 0 | 0 | 37800 |
| GOLDMAN SACHS ETF TR | FUTURE TECH LEAD | 38149W812 |  | 4251566 | 103950 | SH |  | SOLE |  | 0 | 0 | 103950 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 4210320 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 3648375 | 70500 | SH |  | SOLE |  | 40000 | 0 | 30500 |
| ETFIS SER TR I | VIRTUS INFRCAP | 26923G822 |  | 3433001 | 168615 | SH |  | SOLE |  | 0 | 0 | 168615 |
| ISHARES TR | S 100 ETF | 464287101 |  | 3376313 | 10615 | SH |  | SOLE |  | 0 | 0 | 10615 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 3265013 | 5464 | SH |  | SOLE |  | 0 | 0 | 5464 |
| FREEPORT MCMORAN INC | CL B | 35671D857 |  | 3232900 | 55000 | SH |  | SOLE |  | 50000 | 0 | 5000 |
| ISHARES TR | LATN AMER 40 ETF | 464287390 |  | 2995757 | 84340 | SH |  | SOLE |  | 0 | 0 | 84340 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 2914721 | 35300 | SH |  | SOLE |  | 0 | 0 | 35300 |
| SYMBOTIC INC | CLASS A COM | 87151X101 |  | 2852850 | 53625 | SH |  | SOLE |  | 50000 | 0 | 3625 |
| BOEING CO | COM | 097023105 |  | 2786420 | 14000 | SH |  | SOLE |  | 10000 | 0 | 4000 |
| VANECK ETF TRUST | RARE EARTH AND S | 92189H805 |  | 2744720 | 31190 | SH |  | SOLE |  | 0 | 0 | 31190 |
| VANECK ETF TRUST | BDC INCOME ETF | 92189F411 |  | 2279769 | 178107 | SH |  | SOLE |  | 0 | 0 | 178107 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 2155676 | 137130 | SH |  | SOLE |  | 0 | 0 | 137130 |
| SERIES PORTFOLIOS TR | ELDRIDGE AAA CLO | 81752T486 |  | 2095589 | 81955 | SH |  | SOLE |  | 0 | 0 | 81955 |
| BROADCOM INC | COM | 11135F101 |  | 2087026 | 6743 | SH |  | SOLE |  | 1000 | 0 | 5743 |
| TTM TECHNOLOGIES INC | COM | 87305R109 |  | 1977626 | 20300 | SH |  | SOLE |  | 20000 | 0 | 300 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 1906375 | 12500 | SH |  | SOLE |  | 12500 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 |  | 1895115 | 20680 | SH |  | SOLE |  | 0 | 0 | 20680 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 1857510 | 103080 | SH |  | SOLE |  | 0 | 0 | 103080 |
| PROLOGIS INC. | COM | 74340W103 |  | 1856732 | 14047 | SH |  | SOLE |  | 0 | 0 | 14047 |
| OUSTER INC | COM NEW | 68989M202 |  | 1855370 | 101000 | SH |  | SOLE |  | 100000 | 0 | 1000 |
| REALTY INCOME CORP | COM | 756109104 |  | 1854978 | 30320 | SH |  | SOLE |  | 0 | 0 | 30320 |
| KRAFT HEINZ CO | COM | 500754106 |  | 1750915 | 77853 | SH |  | SOLE |  | 0 | 0 | 77853 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1644354 | 5590 | SH |  | SOLE |  | 0 | 0 | 5590 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 1582053 | 915 | SH |  | SOLE |  | 0 | 0 | 915 |
| APPLE INC | COM | 037833100 |  | 1544566 | 6086 | SH |  | SOLE |  | 0 | 0 | 6086 |
| ISHARES TR | IBONDS DEC2026 | 46435GAA0 |  | 1507728 | 62200 | SH |  | SOLE |  | 0 | 0 | 62200 |
| NU HLDGS LTD | ORD SHS CL A | G6683N103 |  | 1487295 | 103500 | SH |  | SOLE |  | 100000 | 0 | 3500 |
| JANUS DETROIT STR TR | HENDERSON MTG | 47103U852 |  | 1474312 | 32632 | SH |  | SOLE |  | 0 | 0 | 32632 |
| CEMEX SA EURO MTN BE 144A | SPON ADR NEW | 151290889 |  | 1452880 | 127000 | SH |  | SOLE |  | 125000 | 0 | 2000 |
| COHERENT CORP | COM | 19247G107 |  | 1441171 | 6050 | SH |  | SOLE |  | 5000 | 0 | 1050 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1385458 | 2121 | SH |  | SOLE |  | 0 | 0 | 2121 |
| E L F BEAUTY INC | COM | 26856L103 |  | 1366756 | 22550 | SH |  | SOLE |  | 20000 | 0 | 2550 |
| EMERSON ELEC CO | COM | 291011104 |  | 1345575 | 10270 | SH |  | SOLE |  | 10000 | 0 | 270 |
| FLOWERS FOODS INC | COM | 343498101 |  | 1301739 | 159723 | SH |  | SOLE |  | 0 | 0 | 159723 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1293840 | 2700 | SH |  | SOLE |  | 0 | 0 | 2700 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 1290870 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| DIMENSIONAL ETF TRUST | US TARGETED VLU | 25434V609 |  | 1249000 | 20000 | SH |  | SOLE |  | 0 | 0 | 20000 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1154360 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 |  | 1132110 | 7000 | SH |  | SOLE |  | 0 | 0 | 7000 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 1090695 | 8050 | SH |  | SOLE |  | 0 | 0 | 8050 |
| CITIGROUP INC | COM NEW | 172967424 |  | 1077395 | 9500 | SH |  | SOLE |  | 0 | 0 | 9500 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 1058343 | 17450 | SH |  | SOLE |  | 0 | 0 | 17450 |
| ABRDN PALLADIUM ETF TRUST | PHYSICAL PALLADM | 003262102 |  | 1047370 | 7775 | SH |  | SOLE |  | 0 | 0 | 7775 |
| RBB FD INC | F/M COMPOUNDR US | 74933W148 |  | 1006835 | 9850 | SH |  | SOLE |  | 0 | 0 | 9850 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 |  | 988504 | 2925 | SH |  | SOLE |  | 0 | 0 | 2925 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 960938 | 2200 | SH |  | SOLE |  | 0 | 0 | 2200 |
| BLACKROCK ETF TRUST II | ISHARES AAA CLO | 092528504 |  | 947544 | 18280 | SH |  | SOLE |  | 0 | 0 | 18280 |
| GLOBAL X FDS | DEFENSE TECH ETF | 37960A529 |  | 829536 | 11710 | SH |  | SOLE |  | 0 | 0 | 11710 |
| INNOVATIVE INDL PPTYS INC | COM | 45781V101 |  | 763686 | 15225 | SH |  | SOLE |  | 0 | 0 | 15225 |
| EQT CORP | COM | 26884L109 |  | 763680 | 12000 | SH |  | SOLE |  | 0 | 0 | 12000 |
| ISHARES TR | IBONDS 26 TRM TS | 46436E858 |  | 676451 | 29520 | SH |  | SOLE |  | 0 | 0 | 29520 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 676150 | 5000 | SH |  | SOLE |  | 0 | 0 | 5000 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 646170 | 7000 | SH |  | SOLE |  | 0 | 0 | 7000 |
| JANUS LIVING INC | CL A-1 | 471024109 |  | 601035 | 25500 | SH |  | SOLE |  | 0 | 0 | 25500 |
| ELI LILLY  CO | COM | 532457108 |  | 597851 | 650 | SH |  | SOLE |  | 0 | 0 | 650 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 579000 | 30000 | SH |  | SOLE |  | 0 | 0 | 30000 |
| ISHARES TR | US HLTHCARE ETF | 464287762 |  | 565547 | 9175 | SH |  | SOLE |  | 0 | 0 | 9175 |
| SANDISK CORP | COM | 80004C200 |  | 540039 | 850 | SH |  | SOLE |  | 0 | 0 | 850 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A888 |  | 493600 | 5000 | SH |  | SOLE |  | 0 | 0 | 5000 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 473319 | 1650 | SH |  | SOLE |  | 0 | 0 | 1650 |
| CHEVRON CORPORATION | COM | 166764100 |  | 454146 | 2195 | SH |  | SOLE |  | 0 | 0 | 2195 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 454080 | 12000 | SH |  | SOLE |  | 0 | 0 | 12000 |
| BANK AMERICA CORP | COM | 060505104 |  | 450938 | 9250 | SH |  | SOLE |  | 0 | 0 | 9250 |
| WELLS FARGO  CO | PERP PFD CNV A | 949746804 |  | 427350 | 370 | SH |  | SOLE |  | 0 | 0 | 370 |
| ISHARES TR | IBONDS 27 ETF | 46435UAA9 |  | 406020 | 16750 | SH |  | SOLE |  | 0 | 0 | 16750 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 368286 | 3256 | SH |  | SOLE |  | 0 | 0 | 3256 |
| ISHARES TR | IBONDS 27 TRM TS | 46436E841 |  | 367291 | 16375 | SH |  | SOLE |  | 0 | 0 | 16375 |
| CAMECO CORP | COM | 13321L108 |  | 325830 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 315658 | 4926 | SH |  | SOLE |  | 0 | 0 | 4926 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 296490 | 500 | SH |  | SOLE |  | 0 | 0 | 500 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 295610 | 1400 | SH |  | SOLE |  | 0 | 0 | 1400 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 291783 | 1773 | SH |  | SOLE |  | 0 | 0 | 1773 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 278559 | 1350 | SH |  | SOLE |  | 0 | 0 | 1350 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 275638 | 1100 | SH |  | SOLE |  | 0 | 0 | 1100 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 256785 | 750 | SH |  | SOLE |  | 0 | 0 | 750 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 |  | 254221 | 5246 | SH |  | SOLE |  | 0 | 0 | 5246 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 246191 | 275 | SH |  | SOLE |  | 0 | 0 | 275 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 245580 | 9578 | SH |  | SOLE |  | 0 | 0 | 9578 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 224567 | 700 | SH |  | SOLE |  | 0 | 0 | 700 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 217728 | 1400 | SH |  | SOLE |  | 0 | 0 | 1400 |
| SELECT SECTOR SPDR TR | STATE STREET COM | 81369Y852 |  | 207863 | 1875 | SH |  | SOLE |  | 0 | 0 | 1875 |
| CORNING INC | COM | 219350105 |  | 203955 | 1500 | SH |  | SOLE |  | 0 | 0 | 1500 |

---