Forefront Analytics, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Forefront Analytics, LLC reported 67 stock positions worth $206.2 million. Its top holding was iShares Trust iShares ESG Aw (ESGD) at 8.0% of the portfolio, followed by Nuveen ESG Large-Cap Val ETF (NULV, 7.5%) and Vanguard Ftse Emerging Marke (VWO, 6.0%). Compared with Q4 2023, it opened 3 new positions, sold out of 3, added to 29 and reduced 34. The biggest buy was a new position in Nuveen ESG Large-Cap Val ETF (NULV) and the biggest sale iShares Trust iShares ESG Aw (ESGD, shares −43%).
- Most Recent 13F
- Q2 2026
- Location
- WEST CONSHOHOCKEN, PA
- CIK
- 0001696802
- Portfolio Value
- $206.2M (Q1 2024)
- SEC Filing
- 0001085146-24-002566 ↗ filed May 15, 2024
Holdings Value
Holdings 67 stocks · $206.2M
| ESGD iShares Trust iShares ESG Aw | 8.05% | 207,750 | $16.6M | Reduce -43.4% |
| NULV Nuveen ESG Large-Cap Val ETF | 7.52% | 399,284 | $15.5M | New |
| VWO Vanguard Ftse Emerging Marke | 6.02% | 297,179 | $12.4M | Reduce -2.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.54% | 21,823 | $11.4M | Add +0.4% |
| LTPZ PIMCO 15+ YR US Tips Indx | 5.40% | 200,407 | $11.1M | Reduce -0.4% |
| BNDX Vanguard Total Intl Bond ETF | 4.86% | 203,570 | $10.0M | Add +0.3% |
| VEA Vanguard Ftse Developed ETF | 4.66% | 191,416 | $9.6M | Add +0.6% |
| ESGG NT Stoxx GLBL ESG ETF | 4.53% | 57,404 | $9.3M | Reduce -6.8% |
| DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC | 3.41% | 226,029 | $7.0M | Reduce -0.1% |
| EMLP First Trust North American E | 3.23% | 225,508 | $6.7M | Reduce -1.8% |
| MTUM iShares MSCI USA Momentum Fa | 3.18% | 35,004 | $6.6M | Reduce -5.2% |
| EDV Vanguard Extended Dur Treas | 3.08% | 82,948 | $6.4M | Reduce -0.2% |
| DBEF Xtrackers MSCI Eafe Hedged E | 3.07% | 154,500 | $6.3M | Reduce -6.8% |
| EMB iShares JP Morgan Usd Emergi | 2.93% | 67,294 | $6.0M | Reduce -0.1% |
| BKLN Invesco Senior Loan ETF | 2.81% | 274,042 | $5.8M | Reduce -0.4% |
| WIP State Street SPDR Ftse Inter | 2.80% | 144,584 | $5.8M | Add +0.5% |
| MBB iShares MBS ETF | 2.61% | 58,314 | $5.4M | Reduce -0.1% |
| HDV iShares Core High Dividend E | 2.50% | 46,698 | $5.1M | Reduce -1.4% |
| IGF iShares Global Infrastructur | 2.44% | 105,703 | $5.0M | Reduce -1.3% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.75% | 33,158 | $3.6M | Add +0.6% |
| IVV iShares Core S&P 500 ETF | 1.32% | 5,177 | $2.7M | Reduce -6.6% |
| VNQ Vanguard Real Estate ETF | 1.19% | 28,287 | $2.4M | Add +0.8% |
| JNK SS SPDR BB High Yield Bond | 1.13% | 24,528 | $2.3M | Reduce -0.1% |
| VNQI Vanguard GLBL Ex-US Real Est | 1.12% | 54,673 | $2.3M | Reduce -2.1% |
| STIP iShares 0-5 Year Tips Bond E | 1.08% | 22,471 | $2.2M | Add +4.6% |
| FLRN SS SPDR BB Ig Float RT ETF | 1.03% | 68,891 | $2.1M | Add +10.9% |
| TIP iShares Tips Bond ETF | 1.00% | 19,250 | $2.1M | Reduce -0.9% |
| PDP Invesco Dorsey Wright Moment | 0.93% | 19,409 | $1.9M | Add +0.0% |
| HEEM iShares Crncy Hedgd MSCI Em | 0.81% | 65,117 | $1.7M | Add +0.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.77% | 9,751 | $1.6M | Reduce -1.0% |
| NVDA Nvidia Corp. | 0.76% | 1,736 | $1.6M | Reduce -0.1% |
| SHV iShares 0-1 Year Treasury Bo | 0.76% | 14,127 | $1.6M | Add +15.2% |
| EES Wisdomtree US Smallcap Fund | 0.65% | 26,730 | $1.3M | Reduce -19.6% |
| IEF iShares 7-10 Year Treasury B | 0.57% | 12,399 | $1.2M | Reduce -0.8% |
| FLOT iShares Floating Rate Bond E | 0.53% | 21,374 | $1.1M | Add +1.0% |
| IEI iShares 3-7 Year Treasury Bo | 0.52% | 9,182 | $1.1M | Reduce -1.3% |
| USMV iShares MSCI USA Min Vol Fac | 0.49% | 12,110 | $1.0M | Reduce -0.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.49% | 4,420 | $1.0M | Add +0.3% |
| XLRE SS Real Estate Select Sector | 0.46% | 24,112 | $953K | Reduce -14.1% |
| INDA iShares MSCI India ETF | 0.35% | 13,893 | $717K | No change |
| JPM JPMorgan Chase & Co. | 0.32% | 3,245 | $650K | Reduce -6.9% |
| BSCU Invesco Bulletshares 2030 CB | 0.30% | 37,832 | $620K | Reduce -14.1% |
| UWM Proshares Ultra RUSSELL2000 | 0.29% | 14,565 | $595K | Add +0.1% |
| SCHA Schwab US Small-Cap ETF | 0.25% | 10,424 | $513K | Add +0.2% |
| TLT iShares 20+ Year Treasury BD | 0.25% | 5,343 | $506K | Reduce -12.3% |
| DE Deere & Co. | 0.22% | 1,105 | $454K | Add +0.4% |
| UNH Unitedhealth Group Inc. | 0.20% | 824 | $409K | Add +52.9% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.19% | 6,230 | $398K | Add +0.6% |
| RPAR Rpar Risk Parity ETF | 0.18% | 19,066 | $367K | Reduce -2.7% |
| REET iShares Global REIT ETF | 0.18% | 15,254 | $361K | Add +0.6% |
| PFE Pfizer Inc. | 0.17% | 12,860 | $357K | Add +24.5% |
| REGN Regeneron Pharmaceuticals | 0.16% | 344 | $331K | Add +7.8% |
| INCY Incyte Corp. | 0.15% | 5,531 | $315K | Add +18.5% |
| TMO Thermo Fisher Scientific Inc. | 0.14% | 506 | $295K | Add +15.8% |
| MDT Medtronic PLC | 0.12% | 2,952 | $257K | Add +21.2% |
| MREO Mereo Biopharma Group PL-ADR | 0.07% | 43,817 | $145K | Add +21.3% |
| COGT Cogent Biosciences Inc. | 0.06% | 19,275 | $130K | Reduce -3.5% |
| ACHL Achilles Therapeutics PL-ADR | 0.06% | 95,445 | $119K | Add +25.1% |
| ALXO Alx Oncology Holdings Inc. | 0.06% | 10,261 | $114K | New |
| ANNX Annexon Inc. | 0.05% | 14,818 | $106K | Reduce -52.6% |
| KRON Kronos Bio Inc. | 0.05% | 77,131 | $100K | Add +56.9% |
| TVTX Travere Therapeutics Inc. | 0.05% | 12,080 | $93K | New |
| ZURA Zura Bio Ltd. | 0.04% | 34,038 | $87K | Add +60.3% |
| PSTX Poseida Therapeutics Inc. | 0.04% | 26,780 | $85K | Add +5.2% |
| GERN Geron Corp. | 0.03% | 17,876 | $59K | Reduce -36.9% |
| ATHIRA PHARMA INC | 0.03% | 20,616 | $56K | Reduce -30.7% |
| CTMX Cytomx Therapeutics Inc. | 0.02% | 20,889 | $46K | Reduce -32.3% |
Portfolio Sells Q4 2023 → Q1 2024
| ESGD iShares Trust iShares ESG Aw | Reduce -43.4% | 8.05% | −5.63 |
| ESG NT Stoxx US ESG ETF | Sold out | 0.00% | −2.29 |
| EDV Vanguard Extended Dur Treas | Reduce -0.2% | 3.08% | −0.25 |
| LTPZ PIMCO 15+ YR US Tips Indx | Reduce -0.4% | 5.40% | −0.23 |
| EES Wisdomtree US Smallcap Fund | Reduce -19.6% | 0.65% | −0.17 |
| VWO Vanguard Ftse Emerging Marke | Reduce -2.5% | 6.02% | −0.17 |
| MBB iShares MBS ETF | Reduce -0.1% | 2.61% | −0.10 |
| XLRE SS Real Estate Select Sector | Reduce -14.1% | 0.46% | −0.09 |
| FUSN Fusion Pharmaceuticals Inc. | Sold out | 0.00% | −0.08 |
| NKTX Nkarta Inc. | Sold out | 0.00% | −0.07 |
| BKLN Invesco Senior Loan ETF | Reduce -0.4% | 2.81% | −0.07 |
| BSCU Invesco Bulletshares 2030 CB | Reduce -14.1% | 0.30% | −0.06 |
| VNQI Vanguard GLBL Ex-US Real Est | Reduce -2.1% | 1.12% | −0.06 |
| TLT iShares 20+ Year Treasury BD | Reduce -12.3% | 0.25% | −0.05 |
| IGF iShares Global Infrastructur | Reduce -1.3% | 2.44% | −0.05 |
| EMB iShares JP Morgan Usd Emergi | Reduce -0.1% | 2.93% | −0.03 |
| TIP iShares Tips Bond ETF | Reduce -0.9% | 1.00% | −0.03 |
| IEF iShares 7-10 Year Treasury B | Reduce -0.8% | 0.57% | −0.03 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -1.3% | 0.52% | −0.02 |
| ANNX Annexon Inc. | Reduce -52.6% | 0.05% | −0.02 |
| JNK SS SPDR BB High Yield Bond | Reduce -0.1% | 1.13% | −0.02 |
| ESGG NT Stoxx GLBL ESG ETF | Reduce -6.8% | 4.53% | −0.01 |
| ATHIRA PHARMA INC | Reduce -30.7% | 0.03% | −0.01 |
| RPAR Rpar Risk Parity ETF | Reduce -2.7% | 0.18% | −0.01 |
| CTMX Cytomx Therapeutics Inc. | Reduce -32.3% | 0.02% | −0.00 |
| GERN Geron Corp. | Reduce -36.9% | 0.03% | −0.00 |
| COGT Cogent Biosciences Inc. | Reduce -3.5% | 0.06% | +0.00 |
| IVV iShares Core S&P 500 ETF | Reduce -6.6% | 1.32% | +0.01 |
| DJP Ipath Bloomberg Commodity Inc. | Reduce -0.1% | 3.41% | +0.02 |
| JPM JPMorgan Chase & Co. | Reduce -6.9% | 0.32% | +0.02 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -0.3% | 0.49% | +0.02 |
| DBEF Xtrackers MSCI Eafe Hedged E | Reduce -6.8% | 3.07% | +0.04 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -1.0% | 0.77% | +0.04 |
| EMLP First Trust North American E | Reduce -1.8% | 3.23% | +0.09 |
| HDV iShares Core High Dividend E | Reduce -1.4% | 2.50% | +0.11 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -5.2% | 3.18% | +0.32 |
| NVDA Nvidia Corp. | Reduce -0.1% | 0.76% | +0.34 |
Portfolio Buys Q4 2023 → Q1 2024
| NULV Nuveen ESG Large-Cap Val ETF | New | 7.52% | +7.52 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.4% | 5.54% | +0.43 |
| VEA Vanguard Ftse Developed ETF | Add +0.6% | 4.66% | +0.16 |
| PDP Invesco Dorsey Wright Moment | Add +0.0% | 0.93% | +0.11 |
| FLRN SS SPDR BB Ig Float RT ETF | Add +10.9% | 1.03% | +0.09 |
| SHV iShares 0-1 Year Treasury Bo | Add +15.2% | 0.76% | +0.09 |
| UNH Unitedhealth Group Inc. | Add +52.9% | 0.20% | +0.06 |
| ALXO Alx Oncology Holdings Inc. | New | 0.06% | +0.06 |
| TVTX Travere Therapeutics Inc. | New | 0.05% | +0.05 |
| STIP iShares 0-5 Year Tips Bond E | Add +4.6% | 1.08% | +0.04 |
| MREO Mereo Biopharma Group PL-ADR | Add +21.3% | 0.07% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | Add +15.8% | 0.14% | +0.03 |
| HEEM iShares Crncy Hedgd MSCI Em | Add +0.9% | 0.81% | +0.03 |
| PFE Pfizer Inc. | Add +24.5% | 0.17% | +0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.3% | 0.49% | +0.03 |
| MDT Medtronic PLC | Add +21.2% | 0.12% | +0.03 |
| ACHL Achilles Therapeutics PL-ADR | Add +25.1% | 0.06% | +0.02 |
| REGN Regeneron Pharmaceuticals | Add +7.8% | 0.16% | +0.02 |
| KRON Kronos Bio Inc. | Add +56.9% | 0.05% | +0.02 |
| UWM Proshares Ultra RUSSELL2000 | Add +0.1% | 0.29% | +0.02 |
| INCY Incyte Corp. | Add +18.5% | 0.15% | +0.01 |
| SCHA Schwab US Small-Cap ETF | Add +0.2% | 0.25% | +0.01 |
| DE Deere & Co. | Add +0.4% | 0.22% | +0.00 |
| FLOT iShares Floating Rate Bond E | Add +1.0% | 0.53% | +0.00 |
| PSTX Poseida Therapeutics Inc. | Add +5.2% | 0.04% | −0.00 |
| VWOB Vanguard Emerg MKTS Gov BND | Add +0.6% | 0.19% | −0.00 |
| REET iShares Global REIT ETF | Add +0.6% | 0.18% | −0.01 |
| ZURA Zura Bio Ltd. | Add +60.3% | 0.04% | −0.01 |
| VNQ Vanguard Real Estate ETF | Add +0.8% | 1.19% | −0.04 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +0.6% | 1.75% | −0.05 |
| BNDX Vanguard Total Intl Bond ETF | Add +0.3% | 4.86% | −0.09 |
| WIP State Street SPDR Ftse Inter | Add +0.5% | 2.80% | −0.18 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 37 | $92.0M | VWO, ESGD, ESGE, HDV, MTUM |
| Q1 2026 | 39 | $110.0M | ESGD, ESGE, VWO, HDV, NULV |
| Q4 2025 | 43 | $113.3M | ESGD, ESGE, MTUM, VWO, HDV |
| Q3 2025 | 43 | $103.8M | ESGD, NULV, MTUM, ESGE, VWO |
| Q2 2025Amended | 43 | $89.5M | NULV, MTUM, VWO, ESGD, VEA |
| Q1 2025 | 45 | $86.9M | NULV, SPYX, MTUM, VWO, VEA |
| Q4 2024 | 64 | $215.0M | NULV, BNDX, EMB, AOK, LTPZ |
| Q3 2024 | 67 | $212.0M | NULV, VWO, SPY, LTPZ, BNDX |
| Q2 2024 | 68 | $208.9M | NULV, VWO, SPY, LTPZ, BNDX |
| Q1 2024 | 67 | $206.2M | ESGD, NULV, VWO, SPY, LTPZ |