HANSEATIC MANAGEMENT SERVICES INC

Portfolio Overview

HANSEATIC MANAGEMENT SERVICES INC disclosed 80 positions worth $104.5M in its Form 13F-HR for Q1 2026. During the quarter the fund opened 48 new positions and exited 85. The portfolio is most concentrated in Other (31.4% of disclosed assets). All figures are sourced directly from HANSEATIC MANAGEMENT SERVICES INC’s Form 13F-HR filing with the SEC under CIK 1128074.

• iShares Liquidity Income Fund

  —

  Quality

  $12.3M243,353 sh

• Schwab U.S. Large-Cap ETF

  —

  Quality

  $4.3M169,320 sh
• 

  Lumentum Holdings Inc.

  $LITE

  63.4#685

  Quality

  $2.7M3,806 sh
• 

  Invesco Ltd.

  $IVZ

  —

  Quality

  $2.6M10,888 sh

• SPDR Utilities Select

  —

  Quality

  $2.3M50,810 sh

• VanEck Vectors Semiconductor E

  —

  Quality

  $2.3M5,990 sh

• Schwab U.S. Small-Cap ETF

  —

  Quality

  $2.3M77,684 sh
• 

  CORNING INC /NY

  $GLW

  72.7

  Quality

  $2.2M16,523 sh

• SPDR Portfolio Mid Cap ETF

  —

  Quality

  $2.2M37,901 sh
• 

  GOLDMAN SACHS GROUP INC

  $GS

  —

  Quality

  $2.2M26,470 sh

Company	Quality	Value	Shares
iShares Liquidity Income Fund	—	$12.3M	243,353
Schwab U.S. Large-Cap ETF	—	$4.3M	169,320
Lumentum Holdings Inc.$LITE	63.4#685	$2.7M	3,806
Invesco Ltd.$IVZ	—	$2.6M	10,888
SPDR Utilities Select	—	$2.3M	50,810
VanEck Vectors Semiconductor E	—	$2.3M	5,990
Schwab U.S. Small-Cap ETF	—	$2.3M	77,684
CORNING INC /NY$GLW	72.7	$2.2M	16,523
SPDR Portfolio Mid Cap ETF	—	$2.2M	37,901
GOLDMAN SACHS GROUP INC$GS	—	$2.2M	26,470

Showing top 10 of 80 holdings.

Full Holdings — HANSEATIC MANAGEMENT SERVICES INC (Q1 2026)

All 80 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	—	iShares Liquidity Income Fund	$12.3M	11.8%	+28%	—
2	—	Schwab U.S. Large-Cap ETF	$4.3M	4.2%	+10%	—
3	$LITE	Lumentum Holdings Inc.	$2.7M	2.6%	-73%	63.4
4	$IVZ	Invesco Ltd.	$2.6M	2.5%	-40%	—
5	—	SPDR Utilities Select	$2.3M	2.2%	+132%	—
6	—	VanEck Vectors Semiconductor E	$2.3M	2.2%	-18%	—
7	—	Schwab U.S. Small-Cap ETF	$2.3M	2.2%	+16%	—
8	$GLW	CORNING INC /NY	$2.2M	2.1%	+91%	72.7
9	—	SPDR Portfolio Mid Cap ETF	$2.2M	2.1%	NEW	—
10	$GS	GOLDMAN SACHS GROUP INC	$2.2M	2.1%	+25%	—
11	$COHR	COHERENT CORP.	$2.2M	2.1%	+151%	64
12	$TTMI	TTM TECHNOLOGIES INC	$2.1M	2.0%	NEW	59
13	$WDC	WESTERN DIGITAL CORP	$2.1M	2.0%	NEW	76.8
14	$IBKR	Interactive Brokers Group, Inc.	$2.1M	2.0%	+330%	75.5
15	—	SPDR Cons Staples Slct	$2.0M	1.9%	+36%	—
16	$CRS	CARPENTER TECHNOLOGY CORP	$2.0M	1.9%	-12%	69.9
17	—	Fidelity Industrials Index ETF	$2.0M	1.9%	NEW	—
18	$GE	GENERAL ELECTRIC CO	$2.0M	1.9%	+6%	74.8
19	$MU	MICRON TECHNOLOGY INC	$1.8M	1.7%	NEW	88.4
20	$TPR	TAPESTRY, INC.	$1.8M	1.7%	NEW	76.4
21	$LASR	NLIGHT, INC.	$1.7M	1.7%	NEW	41.3
22	$VSAT	VIASAT INC	$1.6M	1.5%	NEW	53.3
23	$AMAT	APPLIED MATERIALS INC /DE	$1.5M	1.5%	NEW	74.8
24	$WBD	Warner Bros. Discovery, Inc.	$1.5M	1.4%	NEW	42.1
25	$JBL	JABIL INC	$1.5M	1.4%	NEW	51.9
26	$CIEN	CIENA CORP	$1.5M	1.4%	NEW	70.7
27	$AAPL	Apple Inc.	$1.4M	1.4%	+49%	76.1
28	$BE	Bloom Energy Corp	$1.4M	1.3%	NEW	54.4
29	—	iShares Barclays 0-5 Yr TIPS	$1.4M	1.3%	+32%	—
30	—	SPDR Barclays Interm Term Trea	$1.4M	1.3%	+35%	—
31	$FORM	FORMFACTOR INC	$1.3M	1.3%	NEW	54
32	$DAR	DARLING INGREDIENTS INC.	$1.3M	1.3%	NEW	46.6
33	$BAR	GraniteShares Gold Trust	$1.3M	1.2%	NEW	—
34	$TSLA	Tesla, Inc.	$1.2M	1.2%	+12%	50.1
35	$GOOGL	Alphabet Inc.	$1.2M	1.2%	NEW	80.2
36	$AA	Alcoa Corp	$1.2M	1.1%	NEW	66.2
37	$FCX	FREEPORT-MCMORAN INC	$1.2M	1.1%	NEW	73.1
38	$ASTS	AST SpaceMobile, Inc.	$1.1M	1.1%	-48%	29.6
39	$SITM	SITIME Corp	$1.1M	1.1%	-1%	44.6
40	$MD	Pediatrix Medical Group, Inc.	$1.1M	1.0%	-4%	55.4
41	$TEX	TEREX CORP	$1.1M	1.0%	NEW	49.9
42	$ECHO	EchoStar CORP	$1.0M	1.0%	NEW	29.5
43	$LINC	LINCOLN EDUCATIONAL SERVICES CORP	$972,292	0.9%	NEW	47.6
44	$DLTR	DOLLAR TREE, INC.	$949,670	0.9%	NEW	53.2
45	$NTRA	Natera, Inc.	$939,553	0.9%	+371%	46.4
46	$AMKR	AMKOR TECHNOLOGY, INC.	$920,052	0.9%	NEW	53
47	$UI	Ubiquiti Inc.	$891,447	0.8%	+194%	83.1
48	$KGS	Kodiak Gas Services, Inc.	$858,820	0.8%	NEW	57.3
49	$FIVE	FIVE BELOW, INC	$846,746	0.8%	NEW	66.1
50	$OSIS	OSI SYSTEMS INC	$788,033	0.8%	NEW	64.1
51	$KRYS	Krystal Biotech, Inc.	$774,185	0.7%	NEW	75.9
52	$CVS	CVS HEALTH Corp	$773,357	0.7%	NEW	51.3
53	$LQDA	Liquidia Corp	$772,462	0.7%	NEW	37.4
54	$NRG	NRG ENERGY, INC.	$706,002	0.7%	+288%	59.5
55	$VSXY	Victoria's Secret & Co.	$625,442	0.6%	NEW	46.8
56	$VRT	Vertiv Holdings Co	$610,162	0.6%	-88%	82.7
57	$MTZ	MASTEC INC	$558,218	0.5%	NEW	59.7
58	$LEU	CENTRUS ENERGY CORP	$504,105	0.5%	-54%	65.1
59	$MP	MP Materials Corp. / DE	$481,538	0.5%	NEW	23.5
60	$TRGP	Targa Resources Corp.	$397,657	0.4%	NEW	70
61	$APH	AMPHENOL CORP /DE/	$388,020	0.4%	+146%	80.5
62	$ADI	ANALOG DEVICES INC	$375,723	0.4%	NEW	76.2
63	$GM	General Motors Co	$374,139	0.4%	NEW	58.7
64	$AMD	ADVANCED MICRO DEVICES INC	$368,818	0.3%	NEW	78.8
65	$INTC	INTEL CORP	$366,190	0.3%	NEW	41.5
66	$CAH	CARDINAL HEALTH INC	$357,113	0.3%	NEW	58.6
67	$KLAC	KLA CORP	$344,543	0.3%	NEW	84.4
68	$BTSG	BrightSpring Health Services, Inc.	$330,568	0.3%	NEW	64.3
69	$THC	TENET HEALTHCARE CORP	$325,713	0.3%	NEW	66.6
70	$AVGO	Broadcom Inc.	$306,724	0.3%	+97%	86.4
71	$DXPE	DXP ENTERPRISES INC	$297,345	0.3%	NEW	57.7
72	$VMI	VALMONT INDUSTRIES INC	$296,880	0.3%	+194%	60.1
73	$DG	DOLLAR GENERAL CORP	$293,381	0.3%	NEW	60.4
74	$PR	Permian Resources Corp	$283,747	0.3%	NEW	75.6
75	$UAL	United Airlines Holdings, Inc.	$282,286	0.3%	+197%	61.3
76	$LBRT	Liberty Energy Inc.	$278,524	0.3%	NEW	42.6
77	$LUV	SOUTHWEST AIRLINES CO	$266,408	0.3%	NEW	51.1
78	$STNG	Scorpio Tankers Inc.	$242,047	0.2%	NEW	—
79	—	ProShares UltraPro QQQ	$239,968	0.2%	+23%	—
80	$MSFT	MICROSOFT CORP	$233,947	0.2%	+24%	83.7