Cavalier Investments 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
Abbott Laboratories	COM	002824100	1,709	14,469	SH		SOLE	NONE	14,469	0	0
Accenture PLC	SHS CLASS A	G1151C101	1,704	5,327	SH		SOLE	NONE	5,327	0	0
Alphabet Inc	CAP STK CL C	02079K107	1,684	632	SH		SOLE	NONE	632	0	0
Amazon.com Inc	COM	023135106	1,731	527	SH		SOLE	NONE	527	0	0
American Tower Corp	COM	03027X100	1,474	5,552	SH		SOLE	NONE	5,552	0	0
AMPLIFY ONLINE RETAIL ETF	ONLIN RETL ETF	032108102	5,451	49,887	SH		SOLE	NONE	49,887	0	0
Apple Inc	COM	037833100	1,521	10,750	SH		SOLE	NONE	10,750	0	0
Applied Materials In c	COM	038222105	1,460	11,343	SH		SOLE	NONE	11,343	0	0
Booking Holdings Inc	COM	09857L108	1,583	667	SH		SOLE	NONE	667	0	0
Coca-Cola Co/The	COM	191216100	1,564	29,810	SH		SOLE	NONE	29,810	0	0
Costco Wholesale Corp	COM	22160K105	1,612	3,588	SH		SOLE	NONE	3,588	0	0
Danaher Corp	COM	235851102	1,499	4,925	SH		SOLE	NONE	4,925	0	0
Eli Lilly & Co	COM	532457108	1,625	7,032	SH		SOLE	NONE	7,032	0	0
Energy Select Sector SPDR Fund	ENERGY	81369Y506	3,709	71,195	SH		SOLE	NONE	71,195	0	0
Estee Lauder Cos Inc /The	CL A	518439104	1,525	5,083	SH		SOLE	NONE	5,083	0	0
ETFMG PRIME MOBILE PAYMENTS	PRIME MOBILE PAY	26924G409	7,393	109,256	SH		SOLE	NONE	109,256	0	0
Facebook Inc	CL A	30303M102	1,670	4,922	SH		SOLE	NONE	4,922	0	0
Fair Isaac Corp	COM	303250104	1,447	3,637	SH		SOLE	NONE	3,637	0	0
Financial Select Sec tor SPDR Fund	FINANCIAL	81369Y605	8,926	237,841	SH		SOLE	NONE	237,841	0	0
FIRST TRUST CLOUD COMPUTING ETF	CLOUD COMPUTING	33734X192	8,366	79,400	SH		SOLE	NONE	79,400	0	0
Fortinet Inc	COM	34959E109	1,552	5,313	SH		SOLE	NONE	5,313	0	0
Global X Lithium & Battery Tech ETF	LITHIUM BTRY ETF	37954Y855	5,057	61,697	SH		SOLE	NONE	61,697	0	0
GLOBAL X NASD 100	NASDAQ 100 COVER	37954Y483	2,360	106,960	SH		SOLE	NONE	106,960	0	0
GLOBAL X SUPERDIVIDE ND ETF	GLB X SUPERDIV	37950E549	1,377	104,084	SH		SOLE	NONE	104,084	0	0
GlobalX US Super Div idend ETF	GLOBX SUPDV US	37950E291	1,430	73,622	SH		SOLE	NONE	73,622	0	0
GOLDMAN SACHS ACCESS HY CORP ETF	ACCESS HIG YLD	381430453	1,373	27,396	SH		SOLE	NONE	27,396	0	0
Home Depot Inc/The	COM	437076102	1,578	4,806	SH		SOLE	NONE	4,806	0	0
Industrial Select Se ctor SPDR Fund	SBI INT-INDS	81369Y704	6,673	68,206	SH		SOLE	NONE	68,206	0	0
Intuit Inc	COM	461202103	1,511	2,800	SH		SOLE	NONE	2,800	0	0
INVESCO AGRICULTURE	AGRICULTURE FD	46140H106	8,464	442,694	SH		SOLE	NONE	442,694	0	0
Invesco DB Commodity Index Tracking Fund	UNIT	46138B103	9,524	471,948	SH		SOLE	NONE	471,948	0	0
Invesco DWA Healthca re Momentum ETF	DWA HEALTHCARE	46137V852	5,805	35,994	SH		SOLE	NONE	35,994	0	0
Invesco Global Listed Private Equit	GBL LISTED PVT	46137V589	5,359	357,724	SH		SOLE	NONE	357,724	0	0
Invesco QQQ Trust Se ries 1	UNIT SER 1	46090E103	3,126	8,734	SH		SOLE	NONE	8,734	0	0
ISHARE MSCI EAFE ETF	MSCI EAFE ETF	464287465	8,552	109,627	SH		SOLE	NONE	109,627	0	0
ISHARES 0-5 TIPS ETF	0-5 YR TIPS ETF	46429B747	569	5,391	SH		SOLE	NONE	5,391	0	0
iShares 20 Year Tre asury Bond ETF	20 YR TR BD ETF	464287432	2,134	14,784	SH		SOLE	NONE	14,784	0	0
ISHARES BROAD USD HIGH YIELD	BROAD USD HIGH	46435U853	8,091	194,954	SH		SOLE	NONE	194,954	0	0
ISHARES CONVERTIBLE BOND ETF	CONV BD ETF	46435G102	2,135	21,405	SH		SOLE	NONE	21,405	0	0
iShares Core S&P 500 ETF	CORE S&P500 ETF	464287200	3,219	7,471	SH		SOLE	NONE	7,471	0	0
iShares Core S&P Mid -Cap ETF	CORE S&P MCP ETF	464287507	2,213	8,412	SH		SOLE	NONE	8,412	0	0
iShares Edge MSCI Mi n Vol USA ETF	MSCI USA MIN VOL	46429B697	2,840	38,636	SH		SOLE	NONE	38,636	0	0
ISHARES MSCI AUSTRIA	MSCI AUSTRIA ETF	464286202	2,792	112,260	SH		SOLE	NONE	112,260	0	0
ISHARES MSCI S KOREA ETF	MSCI STH KOR ETF	464286772	3,093	38,352	SH		SOLE	NONE	38,352	0	0
ISHARES MSCI TAIWAN ETF	MSCI TAIWAN ETF	46434G772	4,112	66,316	SH		SOLE	NONE	66,316	0	0
iShares Russell 2000 ETF	RUSSELL 2000 ETF	464287655	662	3,028	SH		SOLE	NONE	3,028	0	0
iShares U.S. Broker- Dealers & Securities	US BR DEL SE ETF	464288794	4,692	44,947	SH		SOLE	NONE	44,947	0	0
iShares U.S. Medical Devices ETF	U.S. MED DVC ETF	464288810	3,855	61,405	SH		SOLE	NONE	61,405	0	0
Lam Research Corp	COM	512807108	1,535	2,697	SH		SOLE	NONE	2,697	0	0
Lockheed Martin Corp	COM	539830109	1,636	4,740	SH		SOLE	NONE	4,740	0	0
MarketAxess Holdings Inc	COM	57060D108	1,583	3,762	SH		SOLE	NONE	3,762	0	0
Microsoft Corp	COM	594918104	1,698	6,022	SH		SOLE	NONE	6,022	0	0
MSCI Inc	COM	55354G100	1,506	2,475	SH		SOLE	NONE	2,475	0	0
Netflix Inc	COM	64110L106	1,678	2,749	SH		SOLE	NONE	2,749	0	0
NIKE Inc	CL B	654106103	1,473	10,145	SH		SOLE	NONE	10,145	0	0
O'SHARES GLOBAL INTERNET ETF	OSHS GBL INTER	67110P704	3,543	66,896	SH		SOLE	NONE	66,896	0	0
PayPal Holdings Inc	COM	70450Y103	1,476	5,672	SH		SOLE	NONE	5,672	0	0
Procter & Gamble Co/ The	COM	742718109	1,577	11,282	SH		SOLE	NONE	11,282	0	0
S&P Global Inc	COM	78409V104	1,505	3,543	SH		SOLE	NONE	3,543	0	0
salesforce.com Inc	COM	79466L302	1,916	7,066	SH		SOLE	NONE	7,066	0	0
ServiceNow Inc	COM	81762P102	1,529	2,457	SH		SOLE	NONE	2,457	0	0
Shopify Inc	CL A	82509L107	1,472	1,086	SH		SOLE	NONE	1,086	0	0
SPDR Bloomberg Barclays Convertible Secu	BLMBRG BRC CNVRT	78464A359	3,295	38,610	SH		SOLE	NONE	38,610	0	0
SPDR Bloomberg Barclays High Yield Bond	BLOOMBERG BRCLYS	78468R622	198	1,808	SH		SOLE	NONE	1,808	0	0
SPDR Gold Shares	GOLD SHS	78463V107	213	1,297	SH		SOLE	NONE	1,297	0	0
SPDR OIL & GAS EXP & ETF	S&P OILGAS EXP	78468R556	251	2,590	SH		SOLE	NONE	2,590	0	0
SPDR Portfolio S&P 500 Growth ETF	PRTFLO S&P500 GW	78464A409	6,172	96,413	SH		SOLE	NONE	96,413	0	0
SPDR S&P 500 ETF Trust	TR UNIT	78462F103	13,208	30,777	SH		SOLE	NONE	30,777	0	0
SPDR S&P AEROSPACE	AEROSPACE DEF	78464A631	3,893	32,644	SH		SOLE	NONE	32,644	0	0
SPDR S&P CAPITAL MARKETS ETF	S&P CAP MKTS	78464A771	8,065	84,535	SH		SOLE	NONE	84,535	0	0
SPDR S&P HEALTH CARE ETF	HLTH CARE SVCS	78464A573	4,987	47,877	SH		SOLE	NONE	47,877	0	0
SPDR S&P Homebuilders ETF	S&P HOMEBUILD	78464A888	9,069	126,382	SH		SOLE	NONE	126,382	0	0
SPDR S&P Regional Banking ETF	S&P REGL BKG	78464A698	4,117	60,771	SH		SOLE	NONE	60,771	0	0
SPDR S&P Retail ETF	S&P RETAIL ETF	78464A714	4,023	44,540	SH		SOLE	NONE	44,540	0	0
Square Inc	CL A	852234103	1,544	6,439	SH		SOLE	NONE	6,439	0	0
Starbucks Corp	COM	855244109	1,541	13,974	SH		SOLE	NONE	13,974	0	0
Technology Select Sector SPDR Fund	TECHNOLOGY	81369Y803	8,669	58,059	SH		SOLE	NONE	58,059	0	0
Thermo Fisher Scientific Inc	COM	883556102	1,525	2,670	SH		SOLE	NONE	2,670	0	0
Trade Desk Inc The Class A	COM CL A	88339J105	1,590	22,621	SH		SOLE	NONE	22,621	0	0
United Parcel Service Inc	CL B	911312106	978	5,371	SH		SOLE	NONE	5,371	0	0
UnitedHealth Group I nc	COM	91324P102	1,499	3,837	SH		SOLE	NONE	3,837	0	0
US OIL FUND LP ETF	UNITS	91232N207	4,690	89,237	SH		SOLE	NONE	89,237	0	0
VANECK FALL HIGH YLD ETF	FALLEN ANGEL HG	92189F437	1,543	46,676	SH		SOLE	NONE	46,676	0	0
VANECK GAMING ETF	GAMING ETF	92189F882	5,428	112,497	SH		SOLE	NONE	112,497	0	0
VANECK VECTORS J.P MORGAN EM	JP MRGAN EM LOC	92189H300	2,017	67,310	SH		SOLE	NONE	67,310	0	0
VanEck Vectors Semiconductor ETF	SEMICONDUCTR ETF	92189F676	8,654	33,771	SH		SOLE	NONE	33,771	0	0
VANECK VIETNAM ETF	VANECK VIETNAM	92189F817	5,574	289,264	SH		SOLE	NONE	289,264	0	0
Vanguard Financials ETF	FINANCIALS ETF	92204A405	3,716	40,107	SH		SOLE	NONE	40,107	0	0
Vanguard Materials ETF	MATERIALS ETF	92204A801	4,020	23,206	SH		SOLE	NONE	23,206	0	0
VANGUARD REAL ESTATE ETF	REAL ESTATE ETF	922908553	235	2,310	SH		SOLE	NONE	2,310	0	0
Visa Inc	COM CL A	92826C839	1,817	8,155	SH		SOLE	NONE	8,155	0	0
Walt Disney Co/The	COM	254687106	1,470	8,687	SH		SOLE	NONE	8,687	0	0
X-LINKS GOLD SHRS	X LINK GOLD SHS	22542D480	2,046	245,000	SH		SOLE	NONE	245,000	0	0
Zoetis Inc	CL A	98978V103	1,749	9,009	SH		SOLE	NONE	9,009	0	0
Invesco S&P 500 EQUAL WEIGHT	S&P500 EQL TEC	46137V282	7,771	26,962	SH		SOLE	NONE	26,962	0	0
INVESCO S&P 500 EQUAL WEIGHT	S&P500 EQL WGT	46137V357	2,023	13,500	SH		SOLE	NONE	13,500	0	0
Adobe Systems Inc	COM	00724F101	1,679	2,917	SH		SOLE	NONE	2,917	0	0
Align Technology Inc	COM	016255101	1,475	2,217	SH		SOLE	NONE	2,217	0	0