Formulate Financial LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 29, 2026), Formulate Financial LLC reported 26 stock positions worth $81.0 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 18.7% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 14.0%) and SS SPDR S&P 500 ETF Trust-US (SPY, 11.6%). Compared with Q4 2025, it opened 1 new position, sold out of 4, added to 8 and reduced 9. The biggest buy was iShares Core S&P Total U.S. (ITOT, shares +16%) and the biggest sale Microsoft (MSFT, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- BOCA RATON, FL
- CIK
- 0002093400
- Portfolio Value
- $81.0M (Q1 2026)
- SEC Filing
- 0002093400-26-000002 ↗ filed Apr 29, 2026
Holdings Value
Holdings 26 stocks · $81.0M
| VOO Vanguard S&P 500 ETF | 18.67% | 25,298 | $15.1M | Add +1.0% |
| QQQ Invesco QQQ Trust Series 1 | 13.97% | 19,608 | $11.3M | Add +0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 11.56% | 14,396 | $9.4M | Add +2.4% |
| IWB iShares Russell 1000 ETF | 11.41% | 25,921 | $9.2M | Add +1.9% |
| VIG Vanguard Dividend Apprec ETF | 11.31% | 42,578 | $9.2M | Add +0.8% |
| IVW iShares S&P 500 Growth ETF | 7.37% | 52,798 | $6.0M | Add +3.3% |
| ITOT iShares Core S&P Total U.S. | 4.88% | 27,761 | $4.0M | Add +16.0% |
| IWF iShares Russell 1000 Growth | 3.45% | 6,560 | $2.8M | Reduce -1.0% |
| MSFT Microsoft Corp. | 2.81% | 6,149 | $2.3M | Reduce -1.2% |
| VONE Vanguard Russell 1000 | 2.65% | 7,262 | $2.1M | No change |
| AMZN Amazon.com Inc. | 1.70% | 6,606 | $1.4M | Reduce -2.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.42% | 2,629 | $1.1M | Add +27.1% |
| GOOG Alphabet Inc. Class C | 1.38% | 3,900 | $1.1M | No change |
| NVDA Nvidia Corp. | 1.31% | 6,080 | $1.1M | Reduce -0.1% |
| AAPL Apple Inc. | 1.17% | 3,724 | $945K | No change |
| ETN Eaton Corp. PLC | 1.03% | 2,328 | $833K | Reduce -2.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.77% | 1,295 | $621K | No change |
| PFF iShares Preferred & Income S | 0.58% | 15,395 | $467K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.41% | 1,027 | $329K | New |
| ABBV Abbvie Inc. | 0.35% | 1,287 | $280K | No change |
| NEE Nextera Energy Inc. | 0.34% | 3,003 | $279K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.32% | 1,062 | $257K | Reduce -18.0% |
| HD Home Depot Inc. | 0.31% | 757 | $249K | Reduce -0.3% |
| AVGO Broadcom Inc. | 0.30% | 777 | $241K | Reduce -15.9% |
| PG The Procter & Gamble Co. | 0.29% | 1,623 | $234K | No change |
| JNJ Johnson & Johnson | 0.26% | 865 | $211K | Reduce -11.3% |
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Reduce -1.2% | 2.81% | −0.72 |
| FTEC Fidelity MSCI Info Tech Indx | Sold out | 0.00% | −0.67 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.36 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.24 |
| IWF iShares Russell 1000 Growth | Reduce -1.0% | 3.45% | −0.22 |
| OBDC Blue Owl Capital Corp. | Sold out | 0.00% | −0.16 |
| AMZN Amazon.com Inc. | Reduce -2.8% | 1.70% | −0.14 |
| IBM Intl Business Machines Corp. | Reduce -18.0% | 0.32% | −0.13 |
| AVGO Broadcom Inc. | Reduce -15.9% | 0.30% | −0.08 |
| NVDA Nvidia Corp. | Reduce -0.1% | 1.31% | −0.02 |
| HD Home Depot Inc. | Reduce -0.3% | 0.31% | +0.00 |
| JNJ Johnson & Johnson | Reduce -11.3% | 0.26% | +0.02 |
| ETN Eaton Corp. PLC | Reduce -2.5% | 1.03% | +0.14 |
Portfolio Buys Q4 2025 → Q1 2026
| ITOT iShares Core S&P Total U.S. | Add +16.0% | 4.88% | +0.71 |
| VIG Vanguard Dividend Apprec ETF | Add +0.8% | 11.31% | +0.42 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.41% | +0.41 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +2.4% | 11.56% | +0.32 |
| IWB iShares Russell 1000 ETF | Add +1.9% | 11.41% | +0.28 |
| VOO Vanguard S&P 500 ETF | Add +1.0% | 18.67% | +0.25 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +27.1% | 1.42% | +0.23 |
| IVW iShares S&P 500 Growth ETF | Add +3.3% | 7.37% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.5% | 13.97% | −0.07 |