Legend Financial Advisors, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 16, 2025), Legend Financial Advisors, Inc. reported 171 stock positions worth $150.5 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 9.3% of the portfolio, followed by iShares Gold Trust (IAU, 9.1%) and iShares Semiconductor ETF (SOXX, 8.9%). Compared with Q1 2025, it opened 136 new positions, sold out of 2, added to 11 and reduced 19. The biggest buy was a new position in Leuthold Core ETF (LCR) and the biggest sale an exit from Leuthold Core ETF (LCR).

Most Recent 13F
Q2 2026
Location
PITTSBURGH, PA
CIK
0001781948
Portfolio Value
$150.5M (Q2 2025)
SEC Filing
0001781948-25-000004 ↗ filed Jul 16, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $138.0M Q1 2024 Q2 2024: $140.9M Q2 2024 Q3 2024: $144.9M Q3 2024 Q4 2024: $141.7M Q4 2024 Q1 2025: $136.1M Q1 2025 Q2 2025: $150.5M $150.5M Q2 2025 Q3 2025: $163.1M Q3 2025 Q4 2025: $165.1M Q4 2025 Q1 2026: $155.1M Q1 2026 Q2 2026: $176.0M Q2 2026

Holdings 171 stocks · $150.5M
QQQ Invesco QQQ Trust Series 1 9.34% 25,480 $14.1M Reduce -2.1%
IAU iShares Gold Trust 9.08% 219,061 $13.7M Reduce -8.4%
SOXX iShares Semiconductor ETF 8.88% 56,025 $13.4M Add +1.6%
FNDX Schwab Fndmntl US LRG Co. ETF 6.24% 382,532 $9.4M Reduce -0.9%
COPX Global X Copper Miners ETF 6.19% 206,983 $9.3M Reduce -1.3%
LCR Leuthold Core ETF filed as MANAGED PORTFOLIO SERIES 6.06% 252,081 $9.1M New
XME SS SPDR S&P Metals Mining 5.50% 123,205 $8.3M Reduce -1.8%
VIOV Vanguard S&P Small-Cap 600 V 5.48% 96,376 $8.2M Reduce -0.9%
VO Vngrd Mrngstr MD-Cap ETF-Usd 5.44% 29,282 $8.2M Reduce -11.0%
IAK iShares U.S. Insurance ETF 4.54% 50,879 $6.8M Reduce -1.4%
RSPD Invesco S&P 500 Equal Weight 4.54% 128,526 $6.8M Add +0.4%
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC 4.44% 196,620 $6.7M Reduce -0.7%
IDMO Invesco S&P International DE 4.00% 117,485 $6.0M Add +11.3%
ARB Altshares Merger Arbitrage 3.30% 174,436 $5.0M Add +1.9%
AAPL Apple Inc. 1.53% 11,211 $2.3M Add +40.6%
SPSM SS SPDR P S&P 600 Small Cap 1.26% 44,433 $1.9M Reduce -15.1%
AMZN Amazon.com Inc. 1.19% 8,138 $1.8M Add +1.8%
XLE SS Energy Select Sector 1.10% 19,457 $1.7M Add +3.7%
BRK.B Berkshire Hathaway Inc. Class B 0.95% 2,945 $1.4M No change
FISV Fiserv Inc. 0.83% 7,208 $1.2M No change
MOD Modine Manufacturing Co. 0.63% 9,643 $950K Reduce -3.4%
B Barrick Mining Corp. 0.62% 44,740 $931K Reduce -0.9%
CRBG Corebridge Financial Inc. 0.59% 24,901 $884K Reduce -3.9%
PAAS Pan American Silver Corp. 0.59% 31,091 $883K New
EVR Evercore Inc. Class A 0.58% 3,206 $866K Add +0.8%
CPA Copa Holdings SA Class A 0.57% 7,741 $851K Add +0.3%
TBBK The Bancorp Inc. 0.52% 13,831 $788K Reduce -0.2%
FSLR First Solar Inc. 0.52% 4,754 $787K Add +0.6%
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 0.50% 18,003 $760K Reduce -4.4%
SCHG Schwab US Large-Cap Growth 0.48% 24,564 $718K Reduce -2.7%
ALV Autoliv Inc. 0.47% 6,379 $714K Reduce -0.1%
INTC Intel Corp. 0.46% 30,659 $687K Reduce -1.9%
NOMD Nomad Foods Ltd. 0.46% 40,327 $685K New
EG Everest Group Ltd. 0.43% 1,895 $644K Add +1.4%
JPM JPMorgan Chase & Co. 0.17% 863 $250K No change
LLY Eli Lilly & Co. 0.16% 300 $234K No change
NEE Nextera Energy Inc. 0.15% 3,149 $219K No change
WDAY Workday Inc. Class A 0.14% 859 $206K New
RSP Invesco S&P 500 Equal Weight 0.11% 926 $168K New
XLY SS Consumer Disc Select Sect 0.10% 716 $156K New
PNC PNC Financial Services Group 0.09% 695 $130K New
STBA S & T Bancorp Inc. 0.08% 3,374 $128K New
V Visa Inc. Class A 0.07% 301 $107K Reduce -81.8%
IWF iShares Russell 1000 Growth 0.06% 226 $96K New
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.06% 1,036 $94K New
AMGN Amgen Inc. 0.05% 287 $80K New
APAM Artisan Partners Asset Ma -A 0.05% 1,700 $75K New
MSFT Microsoft Corp. 0.05% 138 $69K New
GOOGL Alphabet Inc. Class A 0.04% 380 $67K New
COP Conocophillips 0.04% 689 $62K New
MO Altria Group Inc. 0.04% 1,000 $59K New
OMF Onemain Holdings Inc. 0.04% 1,000 $57K New
MA Mastercard Inc. Class A 0.04% 100 $56K New
NVDA Nvidia Corp. 0.04% 350 $55K New
VZ Verizon Communications Inc. 0.04% 1,276 $55K New
WHR Whirlpool Corp. 0.03% 500 $51K New
GOOG Alphabet Inc. Class C 0.03% 280 $50K New
T AT&T Inc. 0.03% 1,648 $48K New
ENB Enbridge Inc. 0.03% 1,000 $45K New
IIPR Innovative Industrial Proper 0.03% 800 $44K New
PSX Phillips 66 0.03% 350 $42K New
MET Metlife Inc. 0.03% 500 $40K New
SPY SS SPDR S&P 500 ETF Trust-US 0.03% 64 $40K New
ROK Rockwell Automation Inc. 0.03% 117 $39K New
GNRC Generac Holdings Inc. 0.02% 250 $36K New
IHI iShares U.S. Medical Devices 0.02% 567 $36K New
ORCL Oracle Corp. 0.02% 157 $34K New
FINX Global X Fintech ETF 0.02% 1,000 $34K New
QSR Restaurant Brands Intern 0.02% 500 $33K New
CMCSA Comcast Corp. Class A 0.02% 919 $33K New
RSPS Invesco S&P 500 Equal Weight 0.02% 1,088 $33K New
MCD McDonald's Corp. 0.02% 109 $32K New
VUG Vanguard Mrngstar GR ETF-Sui 0.02% 71 $31K New
VTV Vanguard Mrngstr Val ETF-Aui 0.02% 175 $31K New
PEP Pepsico Inc. 0.02% 216 $29K New
HD Home Depot Inc. 0.02% 76 $28K New
AVGO Broadcom Inc. 0.02% 100 $28K New
HASI Ha Sustainable Infrastructur 0.02% 1,000 $27K New
MLPA Global X MLP ETF 0.02% 500 $25K New
KRE SS SPDR S&P Regional Bank 0.02% 420 $25K New
MRK Merck & Co. Inc. 0.02% 310 $25K New
CEF Sprott Physical Gold and Sil 0.02% 808 $24K New
FLNG Flex LNG Ltd. 0.01% 1,000 $22K New
FXL First Trust Technology Alpha 0.01% 133 $21K New
QTEC First Trust Nasdq 100 Tech I 0.01% 94 $20K New
SPHB Invesco S&P 500 High Beta Et 0.01% 204 $20K New
YUM Yum! Brands Inc. 0.01% 131 $19K New
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.01% 66 $19K New
FCOM Fidelity MSCI Comm Serv Indx 0.01% 283 $18K New
CARR Carrier Global Corp. 0.01% 250 $18K New
CB Chubb Ltd. 0.01% 63 $18K New
XBI SS SPDR S&P Biotech ETF 0.01% 218 $18K New
FDN First Trust DJ Internet Ind 0.01% 65 $18K New
RSPT Invesco S&P 500 Equal Weight 0.01% 420 $17K New
MPC Marathon Petroleum Corp. 0.01% 98 $16K New
PG The Procter & Gamble Co. 0.01% 101 $16K New
UNH Unitedhealth Group Inc. 0.01% 51 $16K New
SCHX Schwab US Large-Cap ETF 0.01% 611 $15K New
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.01% 40 $15K New
IJR iShares Core S&P Small-Cap E 0.01% 130 $14K New

Show all 171 holdings

Portfolio Sells Q1 2025 → Q2 2025
LCR Leuthold Core ETF Sold out 0.00% −6.07
IAU iShares Gold Trust Reduce -8.4% 9.08% −1.28
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -11.0% 5.44% −0.81
DJP Ipath Bloomberg Commodity Inc. Reduce -0.7% 4.44% −0.69
IAK iShares U.S. Insurance ETF Reduce -1.4% 4.54% −0.68
VIOV Vanguard S&P Small-Cap 600 V Reduce -0.9% 5.48% −0.51
FNDX Schwab Fndmntl US LRG Co. ETF Reduce -0.9% 6.24% −0.46
V Visa Inc. Class A Reduce -81.8% 0.07% −0.36
SPSM SS SPDR P S&P 600 Small Cap Reduce -15.1% 1.26% −0.31
DCI Donaldson Co. Inc. Sold out 0.00% −0.15
INTC Intel Corp. Reduce -1.9% 0.46% −0.06
B Barrick Mining Corp. Reduce -0.9% 0.62% −0.03
TBBK The Bancorp Inc. Reduce -0.2% 0.52% −0.01
CRBG Corebridge Financial Inc. Reduce -3.9% 0.59% −0.01
NMIH Nmi Holdings Inc. Reduce -4.4% 0.50% +0.01
SCHG Schwab US Large-Cap Growth Reduce -2.7% 0.48% +0.01
ALV Autoliv Inc. Reduce -0.1% 0.47% +0.06
MOD Modine Manufacturing Co. Reduce -3.4% 0.63% +0.07
COPX Global X Copper Miners ETF Reduce -1.3% 6.19% +0.17
XME SS SPDR S&P Metals Mining Reduce -1.8% 5.50% +0.34
QQQ Invesco QQQ Trust Series 1 Reduce -2.1% 9.34% +0.37

Portfolio Buys Q1 2025 → Q2 2025
LCR Leuthold Core ETF New 6.06% +6.06
SOXX iShares Semiconductor ETF Add +1.6% 8.88% +1.26
PAAS Pan American Silver Corp. New 0.59% +0.59
IDMO Invesco S&P International DE Add +11.3% 4.00% +0.58
NOMD Nomad Foods Ltd. New 0.46% +0.46
AAPL Apple Inc. Add +40.6% 1.53% +0.23
WDAY Workday Inc. Class A New 0.14% +0.14
RSP Invesco S&P 500 Equal Weight New 0.11% +0.11
EVR Evercore Inc. Class A Add +0.8% 0.58% +0.11
XLY SS Consumer Disc Select Sect New 0.10% +0.10
PNC PNC Financial Services Group New 0.09% +0.09
STBA S & T Bancorp Inc. New 0.08% +0.08
FSLR First Solar Inc. Add +0.6% 0.52% +0.08
AMZN Amazon.com Inc. Add +1.8% 1.19% +0.07
IWF iShares Russell 1000 Growth New 0.06% +0.06
BNY Bank of New York Mellon Corp. New 0.06% +0.06
AMGN Amgen Inc. New 0.05% +0.05
APAM Artisan Partners Asset Ma -A New 0.05% +0.05
MSFT Microsoft Corp. New 0.05% +0.05
GOOGL Alphabet Inc. Class A New 0.04% +0.04
COP Conocophillips New 0.04% +0.04
CPA Copa Holdings SA Class A Add +0.3% 0.57% +0.04
MO Altria Group Inc. New 0.04% +0.04
OMF Onemain Holdings Inc. New 0.04% +0.04
MA Mastercard Inc. Class A New 0.04% +0.04
NVDA Nvidia Corp. New 0.04% +0.04
VZ Verizon Communications Inc. New 0.04% +0.04
WHR Whirlpool Corp. New 0.03% +0.03
GOOG Alphabet Inc. Class C New 0.03% +0.03
T AT&T Inc. New 0.03% +0.03
ENB Enbridge Inc. New 0.03% +0.03
IIPR Innovative Industrial Proper New 0.03% +0.03
PSX Phillips 66 New 0.03% +0.03
MET Metlife Inc. New 0.03% +0.03
SPY SS SPDR S&P 500 ETF Trust-US New 0.03% +0.03
ROK Rockwell Automation Inc. New 0.03% +0.03
GNRC Generac Holdings Inc. New 0.02% +0.02
IHI iShares U.S. Medical Devices New 0.02% +0.02
ORCL Oracle Corp. New 0.02% +0.02
FINX Global X Fintech ETF New 0.02% +0.02
QSR Restaurant Brands Intern New 0.02% +0.02
CMCSA Comcast Corp. Class A New 0.02% +0.02
RSPS Invesco S&P 500 Equal Weight New 0.02% +0.02
MCD McDonald's Corp. New 0.02% +0.02
VUG Vanguard Mrngstar GR ETF-Sui New 0.02% +0.02
VTV Vanguard Mrngstr Val ETF-Aui New 0.02% +0.02
PEP Pepsico Inc. New 0.02% +0.02
HD Home Depot Inc. New 0.02% +0.02
AVGO Broadcom Inc. New 0.02% +0.02
HASI Ha Sustainable Infrastructur New 0.02% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 40$176.0MSOXX, QQQ, IAU, VO, FNDX
Q1 2026 38$155.1MIAU, QQQ, SOXX, FNDX, VIOV
Q4 2025 37$165.1MIAU, QQQ, SOXX, COPX, FNDX
Q3 2025 39$163.1MIAU, QQQ, SOXX, COPX, XME
Q2 2025 171$150.5MQQQ, IAU, SOXX, FNDX, COPX
Q1 2025 37$136.1MIAU, QQQ, SOXX, FNDX, VO
Q4 2024 266$141.7MVO, IAU, QQQ, SOXX, FNDX
Q3 2024 157$144.9MIAU, VO, QQQ, SOXX, COPX
Q2 2024 291$140.9MQQQ, SOXX, VO, IAU, FNDX
Q1 2024 185$138.0MVO, SOXX, IAU, QQQ, COPX