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Main Management Fund Advisors LLC

CIK:0001862787
Investment Adviser
$582M AUM
6 holdings
San Francisco, CA, United States
Founded:2002
22 employees
Latest filing:Jun 30, 2025

Main Management Fund Advisors LLC is an investment adviser headquartered in San Francisco, California. The firm provides liquid, transparent, tax-aware, and cost-effective investment solutions. Established around 2002–2003, it has a team-based approach comprising seasoned professionals with decades of collective industry experience, offering services to individual and institutional clients. As of 2025, the firm has 22 employees, mostly serving investor roles.

Investment Strategy

Main Management Fund Advisors LLC focuses on liquid, transparent, and tax-aware investment strategies. Its pioneering BuyWrite strategy, with a 20-year track record, combines income generation from writing options (covered call strategies) with volatility management. The firm emphasizes institutional process with a boutique feel, aiming to provide clients with undivided attention, transparency, and alignment of interests by having significant personal investments in their own strategies.

Top Buys
I
IVViShares Core S&P 500 ETF USD Class
+$68.9M
S
SMHVanEck Semiconductor ETF USD Class
+$34.0M
Q
QQQMInvesco Nasdaq 100 ETF USD Class
+$19.9M
X
XLCCommunication Services Select Sector SPDR Fund USD Class
+$14.4M
X
XLYConsumer Discretionary Select Sector SPDR Fund
+$10.8M
Top Sells
I
IVViShares Core S&P 500 ETF USD Class
+$68.9M
S
SMHVanEck Semiconductor ETF USD Class
+$34.0M
Q
QQQMInvesco Nasdaq 100 ETF USD Class
+$19.9M
X
XLCCommunication Services Select Sector SPDR Fund USD Class
+$14.4M
X
XLYConsumer Discretionary Select Sector SPDR Fund
+$10.8M

Top Holdings

I
IVViShares Core S&P 500 ETF USD Class
+48.7%$408.5M
S
SMHVanEck Semiconductor ETF USD Class
+13.4%$112.4M
Q
QQQMInvesco Nasdaq 100 ETF USD Class
+11.1%$93.3M
X
XLCCommunication Services Select Sector SPDR Fund USD Class
+9.6%$80.2M
X
XLUUtilities Select Sector SPDR Fund USD Class
+9.0%$75.7M

Equity Positions (6)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
I
IVV
iShares Core S&P 500 ETF USD Class48.71%$408.5M657,900$566.70$620.90+$68.9M
S
SMH
VanEck Semiconductor ETF USD Class13.40%$112.4M403,000$167.47$278.88+$34.0M
Q
QQQM
Invesco Nasdaq 100 ETF USD Class11.12%$93.3M410,800$202.64$227.10+$19.9M
X
XLC
Communication Services Select Sector SPDR Fund USD Class9.57%$80.2M739,200$80.15$108.53+$14.4M
X
XLU
Utilities Select Sector SPDR Fund USD Class9.02%$75.7M926,700$69.03$81.66+$8.2M

Industry Allocation