Focus Financial Network, Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 9, 2026), Focus Financial Network, Inc. reported 764 stock positions worth $3.2 billion. Its top holding was Nvidia (NVDA) at 9.9% of the portfolio, followed by Schwab US Large-Cap Growth (SCHG, 4.6%) and Invesco QQQ Trust Series 1 (QQQ, 3.7%). Compared with Q1 2026, it opened 68 new positions, sold out of 34, added to 356 and reduced 306. The biggest buy was Sandisk (SNDK, shares +28%) and the biggest sale an exit from iShares Core 10+ Year Usd Bo (ILTB).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0002010942
- Portfolio Value
- $3.2B (Q2 2026)
- SEC Filing
- 0001754960-26-000448 ↗ filed Jul 9, 2026
Holdings Value
Holdings 764 stocks · $3.2B
| NVDA Nvidia Corp. | 9.90% | 1,598,701 | $319.9M | Reduce -1.4% |
| SCHG Schwab US Large-Cap Growth | 4.57% | 4,361,225 | $147.6M | Reduce -7.8% |
| QQQ Invesco QQQ Trust Series 1 | 3.67% | 161,020 | $118.6M | Add +1.0% |
| AAPL Apple Inc. | 3.01% | 336,261 | $97.3M | Reduce -0.9% |
| IVV iShares Core S&P 500 ETF | 2.86% | 123,492 | $92.5M | Add +9.3% |
| AMZN Amazon.com Inc. | 2.20% | 298,452 | $71.1M | Reduce -2.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.00% | 296,209 | $64.6M | Add +6.9% |
| AGG iShares Core U.S. Aggregate | 1.97% | 641,837 | $63.5M | Add +5.5% |
| QLD Proshares Ultra QQQ | 1.80% | 599,844 | $58.0M | Add +0.1% |
| SCHD Schwab US DVD Equity ETF | 1.78% | 1,818,289 | $57.7M | Reduce -8.3% |
| SNDK Sandisk Corp. | 1.37% | 19,508 | $44.4M | Add +27.6% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 1.34% | 821,704 | $43.4M | Add +5.8% |
| VXUS Vanguard Total Intl Stock | 1.27% | 481,632 | $41.2M | Add +2.8% |
| XMHQ Invesco S&P Midcap Qual ETF | 1.22% | 348,740 | $39.4M | Add +1.6% |
| IEF iShares 7-10 Year Treasury B | 1.19% | 405,791 | $38.4M | Add +5.8% |
| FESM Fidelity Enhanced Small Cap | 1.15% | 771,548 | $37.3M | Add +6.0% |
| VYM Vanguard High DVD Yield ETF | 1.08% | 220,387 | $34.8M | Reduce -7.8% |
| GOOGL Alphabet Inc. Class A | 1.00% | 90,075 | $32.2M | Reduce -9.4% |
| VEA Vanguard Ftse Developed ETF | 0.98% | 445,510 | $31.7M | Add +5.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.91% | 39,307 | $29.4M | Add +1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.90% | 58,099 | $29.1M | Reduce -2.8% |
| VIG Vanguard Dividend Apprec ETF | 0.83% | 112,982 | $26.7M | Add +3.4% |
| XLK SS Technology Select Sector | 0.81% | 137,844 | $26.3M | Add +1.3% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.76% | 278,605 | $24.5M | Add +30.8% |
| IWR iShares Russell Mid-Cap ETF | 0.74% | 217,178 | $24.0M | Reduce -2.1% |
| TBUX T Rowe Price Ultra Short-Ter | 0.71% | 459,368 | $22.9M | Add +936.6% |
| MSFT Microsoft Corp. | 0.70% | 60,635 | $22.6M | Reduce -2.7% |
| XMMO Invesco S&P Midcap Momentum | 0.66% | 125,386 | $21.3M | Add +1.2% |
| SCHV Schwab US Large-Cap Value | 0.65% | 600,252 | $20.9M | Reduce -5.8% |
| XSMO Invesco S&P Smallcap Momentu | 0.64% | 220,755 | $20.7M | Reduce -0.6% |
| SCHB Schwab US Broad Market ETF | 0.64% | 710,192 | $20.6M | Add +1.5% |
| IVW iShares S&P 500 Growth ETF | 0.62% | 146,039 | $20.1M | Reduce -0.8% |
| QQQM Invesco Nasdaq 100 ETF | 0.61% | 64,987 | $19.7M | Add +8.7% |
| SPHQ Invesco S&P 500 Quality ETF | 0.61% | 217,531 | $19.6M | Reduce -9.7% |
| VWO Vanguard Ftse Emerging Marke | 0.61% | 327,999 | $19.6M | Add +1.3% |
| SDVY First Trust Smid Cap Rising | 0.59% | 442,090 | $19.1M | Add +6.5% |
| SCHX Schwab US Large-Cap ETF | 0.56% | 611,089 | $18.0M | Reduce -0.4% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.54% | 47,956 | $17.5M | Add +2.3% |
| SCHM Schwab US Mid Cap ETF | 0.53% | 465,129 | $17.1M | Reduce -4.2% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.52% | 164,318 | $16.8M | Reduce -30.0% |
| DGRW Wisdomtree U.S. Quality Divi | 0.50% | 169,182 | $16.2M | Reduce -4.8% |
| SCHF Schwab Intl Equity ETF | 0.46% | 535,959 | $14.8M | Add +8.8% |
| IMTM iShares MSCI Intl Momentum F | 0.44% | 264,351 | $14.1M | Add +1.9% |
| SCHA Schwab US Small-Cap ETF | 0.43% | 387,046 | $14.0M | Reduce -6.5% |
| GTO Invesco Total Return Bond Et | 0.43% | 294,261 | $13.8M | Add +7.9% |
| UNH Unitedhealth Group Inc. | 0.42% | 32,977 | $13.7M | Reduce -4.5% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.41% | 284,602 | $13.1M | Add +31.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.39% | 34,274 | $12.7M | Add +2.3% |
| FGD First Trust DJ GL Sel DVD | 0.39% | 389,682 | $12.5M | New |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.38% | 179,726 | $12.2M | Reduce -7.7% |
| NVT Nvent Electric PLC | 0.38% | 71,797 | $12.2M | Reduce -2.3% |
| AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO | 0.37% | 226,843 | $12.1M | Reduce -42.1% |
| QUAL iShares MSCI USA Quality Fac | 0.37% | 54,255 | $11.9M | Reduce -30.3% |
| VHT Vanguard Health Care ETF | 0.36% | 38,701 | $11.6M | Add +9.8% |
| GLD SPDR Gold Shares | 0.34% | 29,860 | $11.0M | Reduce -0.8% |
| BSV Vanguard Short-Term Bond ETF | 0.34% | 141,122 | $11.0M | Add +4.0% |
| JPM JPMorgan Chase & Co. | 0.34% | 33,578 | $11.0M | Add +5.8% |
| UCON First Trust Smith Unconstrai | 0.34% | 435,847 | $10.8M | New |
| SGOL Abrdn Physical Gold Shares | 0.34% | 283,322 | $10.8M | Reduce -20.9% |
| TCAF T Rowe PRC Cap Appreciation | 0.33% | 260,779 | $10.7M | Add +202.7% |
| CAT Caterpillar Inc. | 0.33% | 10,043 | $10.7M | Add +1.6% |
| RDVY First Trust Rising Dividend | 0.33% | 131,584 | $10.7M | Add +0.3% |
| VOO Vanguard S&P 500 ETF | 0.31% | 14,715 | $10.1M | Add +6.2% |
| CORO Ish Intl CTRY Rot Act ETF | 0.31% | 274,833 | $10.1M | Add +29.2% |
| COST Costco Wholesale Corp. | 0.31% | 10,630 | $9.9M | Add +3.6% |
| SCHP Schwab U.S. Tips ETF | 0.30% | 368,427 | $9.8M | Add +9.6% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.30% | 193,176 | $9.5M | Add +74.4% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.29% | 160,378 | $9.2M | Reduce -15.2% |
| MMM 3M Co. | 0.28% | 55,567 | $9.0M | Add +4.3% |
| QUBT Quantum Computing Inc. | 0.27% | 911,635 | $8.8M | Add +402.6% |
| JQUA JPMorgan US Quality Factor | 0.26% | 117,142 | $8.5M | Add +5.8% |
| LLY Eli Lilly & Co. | 0.26% | 7,014 | $8.4M | Add +1.8% |
| IVE iShares S&P 500 Value ETF | 0.26% | 36,930 | $8.4M | Reduce -4.8% |
| JPIE JPMorgan Income ETF | 0.25% | 178,616 | $8.2M | Add +44.1% |
| EVTR Eaton Vance Total Return | 0.25% | 160,768 | $8.2M | Add +147.8% |
| VGLT Vanguard Long-Term Treasury | 0.25% | 147,527 | $8.1M | Add +63.7% |
| AVGO Broadcom Inc. | 0.24% | 20,920 | $7.9M | Add +0.2% |
| MUB iShares National Muni Bond E | 0.24% | 70,944 | $7.6M | Reduce -0.8% |
| EMLP First Trust North American E | 0.22% | 166,609 | $7.2M | Add +30.1% |
| ISCF iShares International Small | 0.22% | 164,366 | $7.1M | Add +1170.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.21% | 79,877 | $6.9M | Add +3.2% |
| SPCE Virgin Galactic Holdings Inc. | 0.21% | 2,380,623 | $6.9M | New |
| DAL Delta Air Lines Inc. | 0.21% | 71,796 | $6.7M | Reduce -24.9% |
| JNJ Johnson & Johnson | 0.21% | 26,353 | $6.7M | Reduce -5.7% |
| TSLA Tesla Inc. | 0.20% | 15,600 | $6.6M | Reduce -3.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.20% | 79,154 | $6.4M | Add +12.9% |
| PFM Invesco Dividend Achievers E | 0.20% | 113,600 | $6.3M | Add +0.3% |
| IYW iShares Ustechnology ETF | 0.19% | 24,743 | $6.2M | Add +1.1% |
| RSP Invesco S&P 500 Equal Weight | 0.19% | 29,295 | $6.2M | Reduce -4.8% |
| VLUE iShares MSCI USA Value Facto | 0.19% | 31,114 | $6.2M | Add +0.1% |
| XEL Xcel Energy Inc. | 0.19% | 76,389 | $6.1M | Reduce -4.9% |
| SHY iShares 1-3 Year Treasury Bo | 0.19% | 74,405 | $6.1M | Reduce -1.4% |
| TER Teradyne Inc. | 0.18% | 12,208 | $5.9M | New |
| BAI Ishrs AI in and Tech Act ETF | 0.18% | 111,967 | $5.9M | Reduce -18.7% |
| BND Vanguard Total Bond Market | 0.18% | 79,602 | $5.8M | Add +13.8% |
| XLE SS Energy Select Sector | 0.18% | 109,738 | $5.8M | Add +15.8% |
| GS Goldman Sachs Group Inc. | 0.18% | 5,649 | $5.7M | Add +0.3% |
| AIRR First Trust Rba American Ind | 0.18% | 42,647 | $5.7M | Reduce -9.2% |
| SOXX iShares Semiconductor ETF | 0.17% | 8,798 | $5.6M | Reduce -14.2% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.17% | 179,678 | $5.6M | Add +5.1% |
Portfolio Sells Q1 2026 → Q2 2026
| ILTB iShares Core 10+ Year Usd Bo | Sold out | 0.00% | −0.45 |
| IQLT iShares MSCI International Q | Reduce -97.7% | 0.01% | −0.41 |
| SCHD Schwab US DVD Equity ETF | Reduce -8.3% | 1.78% | −0.40 |
| SCHG Schwab US Large-Cap Growth | Reduce -7.8% | 4.57% | −0.37 |
| AKRE Akre Focus ETF | Reduce -42.1% | 0.37% | −0.37 |
| NVDA Nvidia Corp. | Reduce -1.4% | 9.90% | −0.24 |
| SGOL Abrdn Physical Gold Shares | Reduce -20.9% | 0.34% | −0.24 |
| EFV iShares MSCI Eafe Value ETF | Reduce -68.2% | 0.08% | −0.21 |
| VYM Vanguard High DVD Yield ETF | Reduce -7.8% | 1.08% | −0.19 |
| IONQ Ionq Inc. | Sold out | 0.00% | −0.18 |
| JBND JPMorgan Active Bond ETF | Sold out | 0.00% | −0.17 |
| QUAL iShares MSCI USA Quality Fac | Reduce -30.3% | 0.37% | −0.17 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.15 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -30.0% | 0.52% | −0.14 |
| MSFT Microsoft Corp. | Reduce -2.7% | 0.70% | −0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.8% | 0.90% | −0.13 |
| GLD SPDR Gold Shares | Reduce -0.8% | 0.34% | −0.12 |
| VRT Vertiv Holdings Co. Class A | Reduce -68.8% | 0.07% | −0.12 |
| IEMG iShares Core MSCI Emerging | Reduce -63.8% | 0.07% | −0.11 |
| XLG Invesco S&P 500 Top 50 ETF | Reduce -73.8% | 0.03% | −0.10 |
| DUHP Dimensional US High Profi Et | Reduce -93.0% | 0.01% | −0.09 |
| VGT Vanguard Info Tech ETF | Reduce -58.2% | 0.09% | −0.09 |
| AMZN Amazon.com Inc. | Reduce -2.8% | 2.20% | −0.09 |
| SCHO Schwab Short-Term US Treas | Reduce -23.0% | 0.17% | −0.09 |
| AAPL Apple Inc. | Reduce -0.9% | 3.01% | −0.08 |
| PNR Pentair PLC | Reduce -4.5% | 0.16% | −0.06 |
| BINC iShares Flex I A ETF-Usd Inc. | Reduce -16.3% | 0.17% | −0.06 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -4.8% | 0.50% | −0.06 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -79.3% | 0.01% | −0.06 |
| ECL Ecolab Inc. | Reduce -36.2% | 0.08% | −0.06 |
| BBJP JPMorgan Betabuilders Japan | Reduce -25.5% | 0.12% | −0.05 |
| SCHV Schwab US Large-Cap Value | Reduce -5.8% | 0.65% | −0.05 |
| THRO iShares U.S. Thematic Rotati | Reduce -30.6% | 0.12% | −0.05 |
| IAGG iShares Intl Aggregate Bond | Sold out | 0.00% | −0.05 |
| NFLX Netflix Inc. | Reduce -9.9% | 0.07% | −0.05 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -39.6% | 0.13% | −0.05 |
| ABT Abbott Laboratories | Reduce -11.8% | 0.10% | −0.05 |
| SPHQ Invesco S&P 500 Quality ETF | Reduce -9.7% | 0.61% | −0.04 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -15.2% | 0.29% | −0.04 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -17.9% | 0.13% | −0.04 |
| XTEN Bondbloxx BBG 10Y US TSY ETF | Reduce -31.7% | 0.06% | −0.04 |
| XEL Xcel Energy Inc. | Reduce -4.9% | 0.19% | −0.04 |
| WMT Walmart Inc. | Reduce -0.1% | 0.14% | −0.04 |
| AOR iShares Core 60/40 Balanced | Reduce -61.3% | 0.02% | −0.04 |
| CVX Chevron Corp. | Reduce -4.1% | 0.07% | −0.04 |
| JNJ Johnson & Johnson | Reduce -5.7% | 0.21% | −0.04 |
| EFA iShares MSCI Eafe ETF | Reduce -35.4% | 0.06% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -4.2% | 0.16% | −0.04 |
| MUB iShares National Muni Bond E | Reduce -0.8% | 0.24% | −0.04 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -1.4% | 0.19% | −0.03 |
Portfolio Buys Q1 2026 → Q2 2026
| SNDK Sandisk Corp. | Add +27.6% | 1.37% | +1.02 |
| TBUX T Rowe Price Ultra Short-Ter | Add +936.6% | 0.71% | +0.63 |
| QLD Proshares Ultra QQQ | Add +0.1% | 1.80% | +0.49 |
| FGD First Trust DJ GL Sel DVD | New | 0.39% | +0.39 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.0% | 3.67% | +0.37 |
| UCON First Trust Smith Unconstrai | New | 0.34% | +0.34 |
| QUBT Quantum Computing Inc. | Add +402.6% | 0.27% | +0.23 |
| TCAF T Rowe PRC Cap Appreciation | Add +202.7% | 0.33% | +0.22 |
| IVV iShares Core S&P 500 ETF | Add +9.3% | 2.86% | +0.22 |
| SPCE Virgin Galactic Holdings Inc. | New | 0.21% | +0.21 |
| ISCF iShares International Small | Add +1170.8% | 0.22% | +0.20 |
| TER Teradyne Inc. | New | 0.18% | +0.18 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +30.8% | 0.76% | +0.17 |
| XLK SS Technology Select Sector | Add +1.3% | 0.81% | +0.16 |
| FESM Fidelity Enhanced Small Cap | Add +6.0% | 1.15% | +0.16 |
| EVTR Eaton Vance Total Return | Add +147.8% | 0.25% | +0.13 |
| FLTR Vaneck Ig Floating Rate ETF | New | 0.13% | +0.13 |
| CGDV Cap Group Dividend Value | Add +74.4% | 0.30% | +0.13 |
| POWR iShares US Power Infrastruct | New | 0.11% | +0.11 |
| RSPT Invesco S&P 500 Equal Weight | Add +144.4% | 0.17% | +0.11 |
| IALT Ishrs SYS Alt Act ETF | New | 0.11% | +0.11 |
| QQQM Invesco Nasdaq 100 ETF | Add +8.7% | 0.61% | +0.10 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +422.9% | 0.10% | +0.08 |
| CAT Caterpillar Inc. | Add +1.6% | 0.33% | +0.08 |
| SEZL Sezzle Inc. | New | 0.08% | +0.08 |
| GGOV iShares Global GB Usd Ha ETF | New | 0.08% | +0.08 |
| INTC Intel Corp. | Add +106.5% | 0.09% | +0.07 |
| VGLT Vanguard Long-Term Treasury | Add +63.7% | 0.25% | +0.07 |
| CORO Ish Intl CTRY Rot Act ETF | Add +29.2% | 0.31% | +0.07 |
| GOVT iShares US Treasury Bond ETF | Add +424.4% | 0.08% | +0.06 |
| JPIE JPMorgan Income ETF | Add +44.1% | 0.25% | +0.05 |
| AMAT Applied Materials Inc. | Add +6.6% | 0.10% | +0.05 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +6.9% | 2.00% | +0.05 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +31.1% | 0.41% | +0.05 |
| BLCR iShares LRG CP CR Act ETF-Ui | Add +48.2% | 0.12% | +0.04 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Add +147.6% | 0.07% | +0.04 |
| SDCI Uscf Summerhaven Dynamic ETF | Add +75.6% | 0.13% | +0.04 |
| SPCX Space Exploration Techn Class A | New | 0.04% | +0.04 |
| RISR Foliobe Altr In&in H ETF-Usd | Add +177.9% | 0.07% | +0.04 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +2.3% | 0.54% | +0.04 |
| IYW iShares Ustechnology ETF | Add +1.1% | 0.19% | +0.03 |
| VLUE iShares MSCI USA Value Facto | Add +0.1% | 0.19% | +0.03 |
| GSY Invesco Ultra Short Duration | New | 0.03% | +0.03 |
| LLY Eli Lilly & Co. | Add +1.8% | 0.26% | +0.03 |
| GLW Corning Inc. | Add +1.3% | 0.08% | +0.03 |
| FLIN Franklin Ftse India ETF | Add +53.8% | 0.11% | +0.03 |
| CSCO Cisco Systems Inc. | Add +1.3% | 0.13% | +0.03 |
| DELL Dell Technologies -C | Add +15.4% | 0.05% | +0.03 |
| VCIT Vanguard Int-Term Corporate | Add +261.6% | 0.04% | +0.03 |
| DBEF Xtrackers MSCI Eafe Hedged E | Add +131.8% | 0.05% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 764 | $3.2B | NVDA, SCHG, QQQ, AAPL, IVV |
| Q1 2026 | 729 | $2.8B | NVDA, SCHG, QQQ, AAPL, IVV |
| Q4 2025 | 725 | $2.9B | NVDA, SCHG, QQQ, AAPL, IVV |
| Q3 2025 | 738 | $2.8B | NVDA, SCHG, QQQ, AAPL, SCHD |
| Q2 2025 | 704 | $2.5B | NVDA, SCHG, QQQ, SCHD, AAPL |
| Q1 2025 | 684 | $2.4B | NVDA, SCHG, IVV, SCHD, AAPL |
| Q4 2024 | 665 | $2.5B | NVDA, SCHG, IVV, AAPL, SCHD |
| Q3 2024 | 668 | $2.4B | NVDA, SCHG, IVV, AAPL, SCHD |
| Q2 2024 | 657 | $2.3B | NVDA, SCHG, IVV, AAPL, SCHD |
| Q1 2024 | 626 | $2.1B | NVDA, SCHG, IVV, SCHD, AAPL |