Formulate Financial LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Formulate Financial LLC reported 29 stock positions worth $85.3 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 18.4% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 14.0%) and SS SPDR S&P 500 ETF Trust-US (SPY, 11.2%). Compared with Q3 2025, it opened 4 new positions, sold out of 1, added to 15 and reduced 4. The biggest buy was a new position in Fidelity MSCI Info Tech Indx (FTEC) and the biggest sale Vanguard Dividend Apprec ETF (VIG, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- BOCA RATON, FL
- CIK
- 0002093400
- Portfolio Value
- $85.3M (Q4 2025)
- SEC Filing
- 0002093400-26-000001 ↗ filed Feb 11, 2026
Holdings Value
Holdings 29 stocks · $85.3M
| VOO Vanguard S&P 500 ETF | 18.41% | 25,046 | $15.7M | Add +2.0% |
| QQQ Invesco QQQ Trust Series 1 | 14.04% | 19,503 | $12.0M | Add +1.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 11.24% | 14,066 | $9.6M | Add +2.4% |
| IWB iShares Russell 1000 ETF | 11.14% | 25,440 | $9.5M | Add +2.5% |
| VIG Vanguard Dividend Apprec ETF | 10.89% | 42,252 | $9.3M | Reduce -0.6% |
| IVW iShares S&P 500 Growth ETF | 7.39% | 51,133 | $6.3M | Add +7.8% |
| ITOT iShares Core S&P Total U.S. | 4.17% | 23,940 | $3.6M | Reduce -0.1% |
| IWF iShares Russell 1000 Growth | 3.68% | 6,626 | $3.1M | Add +8.1% |
| MSFT Microsoft Corp. | 3.53% | 6,224 | $3.0M | Add +1.6% |
| VONE Vanguard Russell 1000 | 2.63% | 7,262 | $2.2M | No change |
| AMZN Amazon.com Inc. | 1.84% | 6,797 | $1.6M | Add +1.3% |
| GOOG Alphabet Inc. Class C | 1.43% | 3,900 | $1.2M | No change |
| NVDA Nvidia Corp. | 1.33% | 6,085 | $1.1M | Add +2.9% |
| AAPL Apple Inc. | 1.19% | 3,724 | $1.0M | Add +7.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.18% | 2,069 | $1.0M | No change |
| ETN Eaton Corp. PLC | 0.89% | 2,388 | $761K | Add +3.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.76% | 1,295 | $651K | Add +0.8% |
| FTEC Fidelity MSCI Info Tech Indx | 0.67% | 2,537 | $570K | New |
| PFF iShares Preferred & Income S | 0.56% | 15,395 | $477K | Reduce -5.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.45% | 1,295 | $384K | Add +69.3% |
| AVGO Broadcom Inc. | 0.38% | 924 | $320K | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.36% | 659 | $309K | Add +11.9% |
| ABBV Abbvie Inc. | 0.34% | 1,287 | $294K | Add +0.6% |
| HD Home Depot Inc. | 0.31% | 759 | $261K | No change |
| NEE Nextera Energy Inc. | 0.28% | 3,003 | $241K | No change |
| PG The Procter & Gamble Co. | 0.27% | 1,623 | $233K | No change |
| WFC Wells Fargo & Co. | 0.24% | 2,170 | $202K | New |
| JNJ Johnson & Johnson | 0.24% | 975 | $202K | New |
| OBDC Blue Owl Capital Corp. | 0.16% | 14,670 | $136K | Reduce -7.8% |
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
| FTEC Fidelity MSCI Info Tech Indx | New | 0.67% | +0.67 |
| AVGO Broadcom Inc. | New | 0.38% | +0.38 |
| IVW iShares S&P 500 Growth ETF | Add +7.8% | 7.39% | +0.29 |
| WFC Wells Fargo & Co. | New | 0.24% | +0.24 |
| JNJ Johnson & Johnson | New | 0.24% | +0.24 |
| IBM Intl Business Machines Corp. | Add +69.3% | 0.45% | +0.18 |
| IWF iShares Russell 1000 Growth | Add +8.1% | 3.68% | +0.12 |
| AAPL Apple Inc. | Add +7.5% | 1.19% | +0.09 |
| AMZN Amazon.com Inc. | Add +1.3% | 1.84% | +0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +11.9% | 0.36% | +0.00 |
| ABBV Abbvie Inc. | Add +0.6% | 0.34% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.8% | 0.76% | −0.04 |
| NVDA Nvidia Corp. | Add +2.9% | 1.33% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +2.4% | 11.24% | −0.11 |
| IWB iShares Russell 1000 ETF | Add +2.5% | 11.14% | −0.12 |
| ETN Eaton Corp. PLC | Add +3.6% | 0.89% | −0.18 |
| VOO Vanguard S&P 500 ETF | Add +2.0% | 18.41% | −0.23 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.6% | 14.04% | −0.24 |
| MSFT Microsoft Corp. | Add +1.6% | 3.53% | −0.41 |