Forefront Analytics, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 13, 2026), Forefront Analytics, LLC reported 39 stock positions worth $110.0 million. Its top holding was iShares Trust iShares ESG Aw (ESGD) at 22.1% of the portfolio, followed by iShares Inc. iShares ESG Awar (ESGE, 15.3%) and Vanguard Ftse Emerging Marke (VWO, 8.9%). Compared with Q4 2025, it opened 4 new positions, sold out of 8, added to 21 and reduced 14. The biggest buy was iShares Trust iShares ESG Aw (ESGD, shares +20%) and the biggest sale iShares MSCI USA Momentum Fa (MTUM, shares −52%).
- Most Recent 13F
- Q2 2026
- Location
- WEST CONSHOHOCKEN, PA
- CIK
- 0001696802
- Portfolio Value
- $110.0M (Q1 2026)
- SEC Filing
- 0001696802-26-000003 ↗ filed May 13, 2026
Holdings Value
Holdings 39 stocks · $110.0M
| ESGD iShares Trust iShares ESG Aw | 22.13% | 254,427 | $24.3M | Add +20.5% |
| ESGE iShares Inc. iShares ESG Awar | 15.28% | 369,453 | $16.8M | Add +1.6% |
| VWO Vanguard Ftse Emerging Marke | 8.86% | 180,162 | $9.7M | Reduce -0.5% |
| HDV iShares Core High Dividend E | 8.40% | 68,087 | $9.2M | Reduce -1.8% |
| NULV Nuveen ESG Large-Cap Val ETF | 8.10% | 195,657 | $8.9M | Add +38.4% |
| ESGG NT Stoxx GLBL ESG ETF | 8.04% | 44,239 | $8.8M | Add +92.3% |
| DBEF Xtrackers MSCI Eafe Hedged E | 5.70% | 126,892 | $6.3M | Reduce -0.8% |
| MTUM iShares MSCI USA Momentum Fa | 5.29% | 24,234 | $5.8M | Reduce -52.1% |
| VEA Vanguard Ftse Developed ETF | 2.76% | 47,307 | $3.0M | Reduce -61.6% |
| IVV iShares Core S&P 500 ETF | 2.66% | 4,474 | $2.9M | Reduce -5.0% |
| NVDA Nvidia Corp. | 2.26% | 14,241 | $2.5M | Add +1.9% |
| HEEM iShares Crncy Hedgd MSCI Em | 1.97% | 58,540 | $2.2M | Reduce -2.7% |
| JPM JPMorgan Chase & Co. | 1.33% | 4,984 | $1.5M | Add +48.6% |
| DE Deere & Co. | 0.58% | 1,136 | $640K | Add +0.3% |
| UNH Unitedhealth Group Inc. | 0.49% | 1,983 | $537K | Add +36.6% |
| EW Edwards Lifesciences Corp. | 0.48% | 6,574 | $526K | Add +7.5% |
| ABT Abbott Laboratories | 0.47% | 5,043 | $518K | Add +34.3% |
| EES Wisdomtree US Smallcap Fund | 0.43% | 8,232 | $478K | Reduce -53.6% |
| SCHD Schwab US DVD Equity ETF | 0.42% | 15,119 | $464K | New |
| MDT Medtronic PLC | 0.42% | 5,319 | $461K | Add +24.3% |
| SSO Proshares Ultra S&P500 | 0.39% | 8,164 | $424K | Add +0.2% |
| INCY Incyte Corp. | 0.36% | 4,233 | $398K | Reduce -18.6% |
| UWM Proshares Ultra RUSSELL2000 | 0.34% | 7,990 | $373K | Add +0.2% |
| PFE Pfizer Inc. | 0.33% | 13,090 | $368K | Reduce -31.5% |
| OTF Blue Owl Technology Finance | 0.33% | 29,654 | $367K | New |
| REGN Regeneron Pharmaceuticals | 0.32% | 460 | $355K | Add +7.7% |
| TMO Thermo Fisher Scientific Inc. | 0.26% | 579 | $285K | Reduce -1.2% |
| LEGN Legend Biotech Corp.-ADR | 0.26% | 15,659 | $283K | New |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.24% | 1,317 | $258K | Reduce -62.0% |
| DHR Danaher Corp. | 0.22% | 1,288 | $244K | Add +40.8% |
| PM Philip Morris International | 0.22% | 1,450 | $240K | Add +0.9% |
| DFSV Dimensional US Small Cap Val | 0.20% | 6,341 | $222K | New |
| NKTX Nkarta Inc. | 0.08% | 43,835 | $92K | Add +7.7% |
| ZURA Zura Bio Ltd. | 0.08% | 14,901 | $89K | Reduce -23.9% |
| GERN Geron Corp. | 0.07% | 55,125 | $82K | Add +7.4% |
| ANNX Annexon Inc. | 0.07% | 14,240 | $79K | Add +7.7% |
| BCYC Bicycle Therapeutics PLC-ADR | 0.06% | 14,394 | $67K | Add +7.7% |
| CTMX Cytomx Therapeutics Inc. | 0.05% | 12,476 | $59K | Reduce -33.3% |
| MREO Mereo Biopharma Group PL-ADR | 0.04% | 127,778 | $42K | Add +302.2% |
Portfolio Sells Q4 2025 → Q1 2026
| MTUM iShares MSCI USA Momentum Fa | Reduce -52.1% | 5.29% | −5.90 |
| VEA Vanguard Ftse Developed ETF | Reduce -61.6% | 2.76% | −4.04 |
| AOK iShares Core 30/70 Conservat | Sold out | 0.00% | −2.08 |
| EMLP First Trust North American E | Sold out | 0.00% | −0.62 |
| IEI iShares 3-7 Year Treasury Bo | Sold out | 0.00% | −0.50 |
| EES Wisdomtree US Smallcap Fund | Reduce -53.6% | 0.43% | −0.46 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -62.0% | 0.24% | −0.35 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.23 |
| TIP iShares Tips Bond ETF | Sold out | 0.00% | −0.22 |
| IGF iShares Global Infrastructur | Sold out | 0.00% | −0.22 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −0.20 |
| IVV iShares Core S&P 500 ETF | Reduce -5.0% | 2.66% | −0.19 |
| MIRM Mirum Pharmaceuticals Inc. | Sold out | 0.00% | −0.19 |
| INCY Incyte Corp. | Reduce -18.6% | 0.36% | −0.09 |
| PFE Pfizer Inc. | Reduce -31.5% | 0.33% | −0.09 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.2% | 0.26% | −0.04 |
| CTMX Cytomx Therapeutics Inc. | Reduce -33.3% | 0.05% | −0.02 |
| ZURA Zura Bio Ltd. | Reduce -23.9% | 0.08% | −0.01 |
| HEEM iShares Crncy Hedgd MSCI Em | Reduce -2.7% | 1.97% | +0.12 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.5% | 8.86% | +0.26 |
| DBEF Xtrackers MSCI Eafe Hedged E | Reduce -0.8% | 5.70% | +0.27 |
| HDV iShares Core High Dividend E | Reduce -1.8% | 8.40% | +0.96 |
Portfolio Buys Q4 2025 → Q1 2026
| ESGD iShares Trust iShares ESG Aw | Add +20.5% | 22.13% | +4.40 |
| ESGG NT Stoxx GLBL ESG ETF | Add +92.3% | 8.04% | +3.87 |
| NULV Nuveen ESG Large-Cap Val ETF | Add +38.4% | 8.10% | +2.47 |
| ESGE iShares Inc. iShares ESG Awar | Add +1.6% | 15.28% | +1.09 |
| SCHD Schwab US DVD Equity ETF | New | 0.42% | +0.42 |
| JPM JPMorgan Chase & Co. | Add +48.6% | 1.33% | +0.38 |
| OTF Blue Owl Technology Finance | New | 0.33% | +0.33 |
| LEGN Legend Biotech Corp.-ADR | New | 0.26% | +0.26 |
| DFSV Dimensional US Small Cap Val | New | 0.20% | +0.20 |
| DE Deere & Co. | Add +0.3% | 0.58% | +0.12 |
| UNH Unitedhealth Group Inc. | Add +36.6% | 0.49% | +0.06 |
| MDT Medtronic PLC | Add +24.3% | 0.42% | +0.06 |
| ABT Abbott Laboratories | Add +34.3% | 0.47% | +0.06 |
| DHR Danaher Corp. | Add +40.8% | 0.22% | +0.04 |
| REGN Regeneron Pharmaceuticals | Add +7.7% | 0.32% | +0.03 |
| MREO Mereo Biopharma Group PL-ADR | Add +302.2% | 0.04% | +0.03 |
| EW Edwards Lifesciences Corp. | Add +7.5% | 0.48% | +0.02 |
| NKTX Nkarta Inc. | Add +7.7% | 0.08% | +0.02 |
| GERN Geron Corp. | Add +7.4% | 0.07% | +0.01 |
| PM Philip Morris International | Add +0.9% | 0.22% | +0.01 |
| ANNX Annexon Inc. | Add +7.7% | 0.07% | +0.01 |
| UWM Proshares Ultra RUSSELL2000 | Add +0.2% | 0.34% | +0.01 |
| BCYC Bicycle Therapeutics PLC-ADR | Add +7.7% | 0.06% | −0.02 |
| SSO Proshares Ultra S&P500 | Add +0.2% | 0.39% | −0.03 |
| NVDA Nvidia Corp. | Add +1.9% | 2.26% | −0.04 |
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 |