Formidable Asset Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 22, 2026), Formidable Asset Management, LLC reported 378 stock positions worth $646.0 million. Its top holding was Apple (AAPL) at 7.6% of the portfolio, followed by Procter & Gamble (PG, 5.7%) and Nvidia (NVDA, 4.1%). Compared with Q4 2025, it opened 21 new positions, sold out of 34, added to 93 and reduced 205. The biggest buy was iShares 0-1 Year Treasury Bo (SHV, shares +233%) and the biggest sale Flux Power (FLUX, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- CINCINNATI, OH
- CIK
- 0001592613
- Portfolio Value
- $646.0M (Q1 2026)
- SEC Filing
- 0001592613-26-000002 ↗ filed Apr 22, 2026
Holdings Value
Holdings 378 stocks · $646.0M
| AAPL Apple Inc. | 7.60% | 180,502 | $49.1M | Reduce -8.0% |
| PG The Procter & Gamble Co. | 5.67% | 255,617 | $36.6M | Reduce -10.2% |
| NVDA Nvidia Corp. | 4.11% | 142,610 | $26.5M | Reduce -0.5% |
| MSFT Microsoft Corp. | 3.45% | 46,716 | $22.3M | Reduce -2.5% |
| KONG Formidable Fortress ETF | 3.03% | 639,923 | $19.5M | Reduce -5.6% |
| META Meta Platforms Inc. Class A | 2.93% | 28,890 | $18.9M | Add +7.5% |
| FORH Formidable ETF | 2.75% | 738,916 | $17.8M | Reduce -6.4% |
| GOOG Alphabet Inc. Class C | 2.02% | 41,618 | $13.0M | Reduce -3.2% |
| LLY Eli Lilly & Co. | 1.99% | 11,961 | $12.9M | Reduce -0.6% |
| AMZN Amazon.com Inc. | 1.39% | 38,873 | $9.0M | Reduce -1.1% |
| BABA Alibaba Group Holding-SP ADR | 1.37% | 60,442 | $8.9M | Add +23.9% |
| TSLA Tesla Inc. | 1.36% | 19,559 | $8.8M | Add +2.0% |
| JPM JPMorgan Chase & Co. | 1.34% | 26,899 | $8.7M | Add +0.2% |
| XEXGX Eaton Vance Tax-Managed Glob | 1.24% | 843,399 | $8.0M | Reduce -8.0% |
| GOOGL Alphabet Inc. Class A | 1.24% | 25,578 | $8.0M | Reduce -0.8% |
| QUAL iShares MSCI USA Quality Fac | 1.10% | 35,843 | $7.1M | Reduce -14.0% |
| GGN Gamco GLBL Gold NTRL Res Inc. | 1.10% | 1,376,536 | $7.1M | Reduce -4.0% |
| AVGO Broadcom Inc. | 1.01% | 18,776 | $6.5M | Reduce -8.5% |
| JGRO JPMorgan Active Growth ETF | 0.96% | 66,749 | $6.2M | Add +4.4% |
| CHE Chemed Corp. | 0.95% | 14,447 | $6.1M | Reduce -13.9% |
| JNJ Johnson & Johnson | 0.87% | 26,866 | $5.6M | Reduce -4.5% |
| JPST JPMorgan Ultra-Short Income | 0.87% | 110,619 | $5.6M | Reduce -6.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.82% | 10,522 | $5.3M | Add +2.1% |
| NEE Nextera Energy Inc. | 0.78% | 62,885 | $5.0M | Reduce -1.4% |
| XOM Exxon Mobil Corp. | 0.74% | 39,980 | $4.8M | Reduce -22.7% |
| ECAT BlackRock ESG Cap All TRM TR | 0.72% | 301,869 | $4.6M | Add +2.1% |
| VIG Vanguard Dividend Apprec ETF | 0.69% | 20,186 | $4.4M | Add +0.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.69% | 14,955 | $4.4M | Add +1.6% |
| V Visa Inc. Class A | 0.66% | 12,191 | $4.3M | Reduce -0.3% |
| TBIL F/M US Treasury 3 Month Bill | 0.59% | 76,903 | $3.8M | Reduce -13.8% |
| ACTG Acacia Research Corp. | 0.58% | 838,869 | $3.7M | Reduce -3.7% |
| FLUX Flux Power Holdings Inc. filed as FLUX PWR HLDGS INC | 0.55% | 2,862,002 | $3.5M | Reduce -8.9% |
| HD Home Depot Inc. | 0.54% | 10,224 | $3.5M | Reduce -8.6% |
| WMT Walmart Inc. | 0.54% | 31,148 | $3.5M | Reduce -0.9% |
| MCD McDonald's Corp. | 0.53% | 11,264 | $3.4M | Add +0.1% |
| CVX Chevron Corp. | 0.53% | 22,510 | $3.4M | Reduce -13.6% |
| PEP Pepsico Inc. | 0.51% | 23,011 | $3.3M | Reduce -11.7% |
| QGRW Wisdomtree US Quality Growth | 0.50% | 54,950 | $3.2M | Add +100.1% |
| ADBE Adobe Inc. | 0.49% | 9,760 | $3.2M | Reduce -9.7% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.47% | 2,844 | $3.0M | Reduce -1.8% |
| SDVY First Trust Smid Cap Rising | 0.46% | 77,668 | $3.0M | Reduce -7.0% |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | 0.44% | 113,692 | $2.9M | Reduce -14.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.44% | 6,067 | $2.8M | Add +10.9% |
| ORCL Oracle Corp. | 0.44% | 14,590 | $2.8M | Add +7.1% |
| HQL Abrdn Life Sciences Investor | 0.41% | 158,385 | $2.7M | Add +27.3% |
| SHV iShares 0-1 Year Treasury Bo | 0.39% | 22,860 | $2.5M | Add +233.0% |
| IVV iShares Core S&P 500 ETF | 0.38% | 3,596 | $2.5M | Add +1.7% |
| VZ Verizon Communications Inc. | 0.37% | 58,157 | $2.4M | Reduce -4.7% |
| VKTX Viking Therapeutics Inc. | 0.37% | 67,886 | $2.4M | Reduce -2.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.36% | 41,891 | $2.3M | Reduce -2.7% |
| NEM Newmont Corp. | 0.36% | 23,017 | $2.3M | Reduce -3.2% |
| IEF iShares 7-10 Year Treasury B | 0.35% | 23,222 | $2.2M | Add +4.3% |
| DTH Wisdomtree International Hig | 0.34% | 43,086 | $2.2M | Reduce -20.1% |
| EXPE Expedia Group Inc. | 0.34% | 7,787 | $2.2M | Reduce -3.4% |
| ABBV Abbvie Inc. | 0.34% | 9,631 | $2.2M | Reduce -5.8% |
| HDV iShares Core High Dividend E | 0.34% | 17,827 | $2.2M | Reduce -4.9% |
| MO Altria Group Inc. | 0.34% | 37,581 | $2.2M | Add +8.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.33% | 7,043 | $2.1M | Reduce -0.4% |
| RBCAA Republic Bancorp Inc. Class A | 0.33% | 30,972 | $2.1M | Add +0.6% |
| QCOM Qualcomm Inc. | 0.33% | 12,393 | $2.1M | Reduce -12.8% |
| TLT iShares 20+ Year Treasury BD | 0.33% | 24,220 | $2.1M | Reduce -1.4% |
| GD General Dynamics Corp. | 0.31% | 5,901 | $2.0M | Reduce -4.6% |
| MA Mastercard Inc. Class A | 0.30% | 3,430 | $2.0M | No change |
| PLTR Palantir Technologies Inc. Class A | 0.30% | 10,851 | $1.9M | Add +32.8% |
| OBIL F/M US Treasury 12 Month Bil | 0.30% | 38,404 | $1.9M | Add +5.2% |
| VYM Vanguard High DVD Yield ETF | 0.29% | 13,215 | $1.9M | Reduce -4.4% |
| AMD Advanced Micro Devices | 0.29% | 8,844 | $1.9M | Reduce -66.5% |
| RPRX Royalty Pharma PLC Class A | 0.29% | 43,969 | $1.9M | Reduce -21.1% |
| ACN Accenture PLC Class A | 0.28% | 6,804 | $1.8M | Reduce -4.0% |
| BKNG Booking Holdings Inc. | 0.27% | 331 | $1.8M | Add +0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.27% | 2,585 | $1.8M | Add +1.0% |
| DE Deere & Co. | 0.27% | 3,718 | $1.7M | Reduce -4.2% |
| RYLD Global X Russell 2000 Cov Class | 0.27% | 112,611 | $1.7M | Reduce -0.5% |
| AMGN Amgen Inc. | 0.26% | 5,196 | $1.7M | Reduce -2.7% |
| TLN Talen Energy Corp. | 0.26% | 4,641 | $1.7M | Add +38.6% |
| UBER Uber Technologies Inc. | 0.26% | 20,492 | $1.7M | Reduce -8.6% |
| GE General Electric filed as GE AEROSPACE | 0.26% | 5,365 | $1.7M | Reduce -16.1% |
| UNP Union Pacific Corp. | 0.25% | 6,921 | $1.6M | Reduce -2.6% |
| LAR Lithium Argentina AG | 0.25% | 268,926 | $1.6M | Reduce -14.7% |
| ETO Eaton Vance T/A GLBL DVD Opp | 0.24% | 51,874 | $1.6M | Reduce -5.0% |
| FDL First Trust Morn DVD Lead Inc. | 0.24% | 35,270 | $1.6M | Reduce -1.7% |
| OMAH Vistashares TRG 15 Berkshire | 0.24% | 81,526 | $1.5M | Add +9.9% |
| GS Goldman Sachs Group Inc. | 0.24% | 1,737 | $1.5M | Reduce -7.9% |
| JD Jd.com Inc.-ADR | 0.24% | 53,189 | $1.5M | Reduce -10.5% |
| PYPL PayPal Holdings Inc. | 0.23% | 25,937 | $1.5M | Add +0.8% |
| TDVG T Rowe Price Dividend Growth | 0.23% | 33,526 | $1.5M | Reduce -35.9% |
| VRT Vertiv Holdings Co. Class A | 0.22% | 8,792 | $1.4M | Reduce -1.8% |
| IVW iShares S&P 500 Growth ETF | 0.22% | 11,362 | $1.4M | Add +8.6% |
| ETN Eaton Corp. PLC | 0.21% | 4,299 | $1.4M | No change |
| WFC Wells Fargo & Co. | 0.21% | 14,521 | $1.4M | Add +14.2% |
| EOG EOG Resources Inc. | 0.21% | 12,848 | $1.3M | Reduce -5.8% |
| CB Chubb Ltd. | 0.20% | 4,237 | $1.3M | Reduce -1.3% |
| UNH Unitedhealth Group Inc. | 0.20% | 3,985 | $1.3M | Reduce -5.8% |
| NFLX Netflix Inc. | 0.20% | 13,957 | $1.3M | Add +947.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.20% | 2,115 | $1.3M | Add +11.5% |
| XAR SS SPDR S&P Aerospace Def | 0.20% | 5,298 | $1.3M | Add +40.9% |
| GDX Vaneck Gold Miners ETF | 0.20% | 14,850 | $1.3M | Reduce -7.8% |
| PFE Pfizer Inc. | 0.20% | 51,077 | $1.3M | Add +10.0% |
| SPEM State Street SP PTF Em ETF | 0.20% | 27,035 | $1.3M | Add +11.7% |
| SYBT Stock Yards Bancorp Inc. | 0.20% | 19,431 | $1.3M | Reduce -17.9% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $1.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 25,885 | $1.3M | Add +4.0% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 8,700 | $451K | Add +7.4% |
| KPLTW Katapult Holdings Inc. -CW26 | *W EXP 06/09/202 | 30,000 | $108 | No change |
Total filed on the 13F, all lines: $647.7M.
Portfolio Sells Q4 2025 → Q1 2026
| FLUX Flux Power Holdings Inc. | Reduce -8.9% | 0.55% | −0.97 |
| PG The Procter & Gamble Co. | Reduce -10.2% | 5.67% | −0.71 |
| AMD Advanced Micro Devices | Reduce -66.5% | 0.29% | −0.33 |
| DELL Dell Technologies -C | Reduce -63.5% | 0.13% | −0.25 |
| DCI Donaldson Co. Inc. | Sold out | 0.00% | −0.22 |
| IREN Iren Ltd. | Sold out | 0.00% | −0.22 |
| FORH Formidable ETF | Reduce -6.4% | 2.75% | −0.19 |
| GDLC Grayscale Coindesk 5 ETF | Reduce -62.5% | 0.07% | −0.17 |
| MSFT Microsoft Corp. | Reduce -2.5% | 3.45% | −0.16 |
| URA Global X Uranium ETF | Sold out | 0.00% | −0.16 |
| CHE Chemed Corp. | Reduce -13.9% | 0.95% | −0.14 |
| HD Home Depot Inc. | Reduce -8.6% | 0.54% | −0.12 |
| MU Micron Technology Inc. | Reduce -80.7% | 0.06% | −0.11 |
| XOM Exxon Mobil Corp. | Reduce -22.7% | 0.74% | −0.11 |
| AMT American Tower Corp. | Reduce -65.0% | 0.05% | −0.10 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.10 |
| TDVG T Rowe Price Dividend Growth | Reduce -35.9% | 0.23% | −0.10 |
| SYY Sysco Corp. | Reduce -62.5% | 0.05% | −0.09 |
| IBIT iShares Bitcoin Trust ETF | Reduce -29.0% | 0.13% | −0.09 |
| VFF Village Farms International | Sold out | 0.00% | −0.09 |
| DOX Amdocs Ltd. | Sold out | 0.00% | −0.09 |
| AMAT Applied Materials Inc. | Reduce -49.4% | 0.18% | −0.09 |
| CIFR Cipher Digital Inc. | Sold out | 0.00% | −0.08 |
| QUAL iShares MSCI USA Quality Fac | Reduce -14.0% | 1.10% | −0.08 |
| MKTX Marketaxess Holdings Inc. | Sold out | 0.00% | −0.08 |
| LAC Lithium Americas Corp. | Reduce -41.9% | 0.07% | −0.08 |
| TSLL Dirx DLY Tsla Bul 2X ETF-Aui | Reduce -58.5% | 0.05% | −0.08 |
| INTC Intel Corp. | Reduce -69.9% | 0.04% | −0.07 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.07 |
| SHAK Shake Shack Inc. Class A | Sold out | 0.00% | −0.07 |
| RIOT Riot Platforms Inc. | Sold out | 0.00% | −0.07 |
| HURN Huron Consulting Group Inc. | Sold out | 0.00% | −0.07 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.07 |
| JD Jd.com Inc.-ADR | Reduce -10.5% | 0.24% | −0.07 |
| BMNR Bitmine Immersion Technologi | Sold out | 0.00% | −0.07 |
| ADBE Adobe Inc. | Reduce -9.7% | 0.49% | −0.06 |
| ASR Grupo Aeroportuario Sur-ADR | Sold out | 0.00% | −0.06 |
| GCPU Grayscale AI Compute ETF | Sold out | 0.00% | −0.06 |
| UBER Uber Technologies Inc. | Reduce -8.6% | 0.26% | −0.06 |
| HUYA Huya Inc.-ADR | Reduce -43.6% | 0.07% | −0.06 |
| CVX Chevron Corp. | Reduce -13.6% | 0.53% | −0.06 |
| GNTX Gentex Corp. | Sold out | 0.00% | −0.06 |
| ADT Adt Inc. | Sold out | 0.00% | −0.06 |
| TBIL F/M US Treasury 3 Month Bill | Reduce -13.8% | 0.59% | −0.06 |
| ETH Grayscale Ethereum Staking M | Reduce -6.5% | 0.14% | −0.06 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.05 |
| NKE Nike Inc. Class B | Reduce -28.9% | 0.12% | −0.05 |
| CLSK Cleanspark Inc. | Sold out | 0.00% | −0.05 |
| SBET Sharplink Inc. | Sold out | 0.00% | −0.05 |
| SYBT Stock Yards Bancorp Inc. | Reduce -17.9% | 0.20% | −0.05 |
Portfolio Buys Q4 2025 → Q1 2026
| SHV iShares 0-1 Year Treasury Bo | Add +233.0% | 0.39% | +0.28 |
| QGRW Wisdomtree US Quality Growth | Add +100.1% | 0.50% | +0.27 |
| BCAT BlackRock Capital Alloc TR | New | 0.14% | +0.14 |
| SHY iShares 1-3 Year Treasury Bo | Add +251.5% | 0.19% | +0.14 |
| HQL Abrdn Life Sciences Investor | Add +27.3% | 0.41% | +0.13 |
| TSLA Tesla Inc. | Add +2.0% | 1.36% | +0.12 |
| O Realty Income Corp. | New | 0.11% | +0.11 |
| JPM JPMorgan Chase & Co. | Add +0.2% | 1.34% | +0.11 |
| BAI Ishrs AI in and Tech Act ETF | New | 0.10% | +0.10 |
| BABA Alibaba Group Holding-SP ADR | Add +23.9% | 1.37% | +0.10 |
| RIVN Rivian Automotive Inc. Class A | New | 0.10% | +0.10 |
| PIZ Invesco Dorsey Wright Develo | Add +133.9% | 0.14% | +0.09 |
| FELG Fidelity Enh LRG Cap GWTH | New | 0.09% | +0.09 |
| JGRO JPMorgan Active Growth ETF | Add +4.4% | 0.96% | +0.08 |
| PLTR Palantir Technologies Inc. Class A | Add +32.8% | 0.30% | +0.08 |
| QUSA VS Target 15 US Qual Inc. ETF | Add +99.3% | 0.16% | +0.08 |
| IBM Intl Business Machines Corp. | Add +1.6% | 0.69% | +0.08 |
| FAST Fastenal Co. | Add +40.2% | 0.17% | +0.07 |
| XAR SS SPDR S&P Aerospace Def | Add +40.9% | 0.20% | +0.07 |
| META Meta Platforms Inc. Class A | Add +7.5% | 2.93% | +0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.1% | 0.82% | +0.06 |
| VEEV Veeva Systems Inc. Class A | New | 0.06% | +0.06 |
| NOW ServiceNow Inc. | Add +168.1% | 0.18% | +0.06 |
| PSIX Power Solutions Internationa | New | 0.06% | +0.06 |
| ATAT Atour Lifestyle Holdings-ADR | New | 0.06% | +0.06 |
| VIG Vanguard Dividend Apprec ETF | Add +0.9% | 0.69% | +0.06 |
| TLN Talen Energy Corp. | Add +38.6% | 0.26% | +0.06 |
| WFC Wells Fargo & Co. | Add +14.2% | 0.21% | +0.05 |
| TDIV FT Nasdaq Tech DVD Index FD | New | 0.05% | +0.05 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +10.9% | 0.44% | +0.05 |
| MTZ Mastec Inc. | New | 0.05% | +0.05 |
| CORT Corcept Therapeutics Inc. | Add +87.5% | 0.07% | +0.04 |
| MSTR Strategy Inc. | Add +242.0% | 0.10% | +0.04 |
| SYF Synchrony Financial | Add +8.1% | 0.16% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +1.7% | 0.38% | +0.04 |
| EOT Eaton Vance National Municip | Add +35.1% | 0.11% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +11.5% | 0.20% | +0.04 |
| CRM Salesforce Inc. | Add +2.7% | 0.19% | +0.03 |
| MCD McDonald's Corp. | Add +0.1% | 0.53% | +0.03 |
| C Citigroup Inc. | New | 0.03% | +0.03 |
| FCX Freeport-McMoran Inc. | New | 0.03% | +0.03 |
| CRDO Credo Technology Group Holdi | New | 0.03% | +0.03 |
| IVW iShares S&P 500 Growth ETF | Add +8.6% | 0.22% | +0.03 |
| IEF iShares 7-10 Year Treasury B | Add +4.3% | 0.35% | +0.03 |
| IUSG iShares Core S&P U.S. Growth | New | 0.03% | +0.03 |
| SCCO Southern Copper Corp. | New | 0.03% | +0.03 |
| SPEM State Street SP PTF Em ETF | Add +11.7% | 0.20% | +0.03 |
| OBIL F/M US Treasury 12 Month Bil | Add +5.2% | 0.30% | +0.03 |
| USB US Bancorp | Add +0.8% | 0.19% | +0.03 |
| OMAH Vistashares TRG 15 Berkshire | Add +9.9% | 0.24% | +0.03 |
Options Activity Q4 2025 → Q1 2026
| MSTR Strategy Inc. | call | Sold out | 2,500 | $14Kbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 300 | $1Kbefore exit |
| NVDA Nvidia Corp. | put | Sold out | 60 | $183before exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | Add +4.0% | 25,885 | $1.3M |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Add +7.4% | 8,700 | $451K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 384 | $626.1M | AAPL, PG, NVDA, KONG, FORH |
| Q1 2026 | 378 | $646.0M | AAPL, PG, NVDA, MSFT, KONG |
| Q4 2025 | 391 | $685.7M | AAPL, PG, NVDA, MSFT, KONG |
| Q3 2025 | 386 | $633.6M | PG, AAPL, MSFT, NVDA, META |
| Q2 2025 | 382 | $597.2M | PG, AAPL, KONG, FORH, MSFT |
| Q1 2025 | 382 | $597.5M | PG, AAPL, KONG, FORH, MSFT |
| Q4 2024 | 372 | $608.9M | AAPL, PG, KONG, MSFT, NVDA |
| Q3 2024 | 368 | $626.0M | PG, AAPL, KONG, FORH, MSFT |
| Q2 2024 | 393 | $618.1M | PG, AAPL, KONG, MSFT, FORH |
| Q1 2024 | 388 | $613.4M | PG, AAPL, FORH, KONG, MSFT |