Legend Financial Advisors, Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 24, 2026), Legend Financial Advisors, Inc. reported 38 stock positions worth $155.1 million. Its top holding was iShares Gold Trust (IAU) at 10.0% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 9.3%) and iShares Semiconductor ETF (SOXX, 9.2%). Compared with Q4 2025, it opened 4 new positions, sold out of 3, added to 16 and reduced 13. The biggest buy was Vngrd Mrngstr MD-Cap ETF-Usd (VO, shares +20%) and the biggest sale an exit from Invesco S&P 500 Equal Weight (RSPD).
- Most Recent 13F
- Q2 2026
- Location
- PITTSBURGH, PA
- CIK
- 0001781948
- Portfolio Value
- $155.1M (Q1 2026)
- SEC Filing
- 0001781948-26-000002 ↗ filed Apr 24, 2026
Holdings Value
Holdings 38 stocks · $155.1M
| IAU iShares Gold Trust | 9.98% | 175,659 | $15.5M | Reduce -9.7% |
| QQQ Invesco QQQ Trust Series 1 | 9.32% | 25,061 | $14.5M | Add +1.3% |
| SOXX iShares Semiconductor ETF | 9.17% | 43,273 | $14.2M | Reduce -10.9% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 6.87% | 382,602 | $10.7M | Add +0.1% |
| VIOV Vanguard S&P Small-Cap 600 V | 6.55% | 99,795 | $10.2M | Add +2.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 6.55% | 35,354 | $10.2M | Add +19.7% |
| DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC | 6.19% | 199,416 | $9.6M | Reduce -3.1% |
| LCR Leuthold Core ETF filed as MANAGED PORTFOLIO SERIES | 6.05% | 251,862 | $9.4M | Add +1.6% |
| IAK iShares U.S. Insurance ETF | 4.59% | 55,507 | $7.1M | Add +1.7% |
| XME SS SPDR S&P Metals Mining | 4.59% | 65,923 | $7.1M | Reduce -28.6% |
| IDMO Invesco S&P International DE | 4.42% | 125,166 | $6.9M | Add +5.3% |
| COPX Global X Copper Miners ETF | 4.33% | 87,925 | $6.7M | Reduce -46.3% |
| ARB Altshares Merger Arbitrage | 3.54% | 187,349 | $5.5M | Add +4.2% |
| SPSM SS SPDR P S&P 600 Small Cap | 2.07% | 66,364 | $3.2M | Add +24.5% |
| XLE SS Energy Select Sector | 1.74% | 44,116 | $2.7M | Add +0.3% |
| AAPL Apple Inc. | 1.69% | 10,358 | $2.6M | Reduce -5.6% |
| MOD Modine Manufacturing Co. | 1.28% | 9,185 | $2.0M | Reduce -4.3% |
| AMZN Amazon.com Inc. | 1.07% | 7,951 | $1.7M | Reduce -3.0% |
| PAAS Pan American Silver Corp. | 1.00% | 28,410 | $1.6M | Reduce -0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.98% | 3,159 | $1.5M | Add +1.3% |
| INTC Intel Corp. | 0.79% | 27,866 | $1.2M | Reduce -1.6% |
| DLO Dlocal Ltd. | 0.70% | 83,655 | $1.1M | New |
| EVR Evercore Inc. Class A | 0.62% | 3,219 | $961K | Add +0.1% |
| FSLR First Solar Inc. | 0.62% | 4,843 | $955K | Add +0.5% |
| CRDO Credo Technology Group Holdi | 0.59% | 9,707 | $911K | New |
| B Barrick Mining Corp. | 0.59% | 22,289 | $909K | Reduce -39.8% |
| CPA Copa Holdings SA Class A | 0.59% | 7,997 | $909K | Reduce -0.7% |
| FRDM Freedom 100 Emeging MRKT ETF | 0.55% | 15,564 | $851K | New |
| TBBK The Bancorp Inc. | 0.47% | 13,459 | $723K | Add +0.6% |
| NMIH Nmi Holdings Inc. filed as NMI HLDGS INC | 0.45% | 18,726 | $702K | Add +0.3% |
| ALV Autoliv Inc. | 0.44% | 6,493 | $683K | Add +0.5% |
| V Visa Inc. Class A | 0.36% | 1,859 | $562K | No change |
| SCHG Schwab US Large-Cap Growth | 0.29% | 15,257 | $444K | Reduce -34.8% |
| FISV Fiserv Inc. | 0.25% | 6,844 | $382K | No change |
| PPL PPL Corp. | 0.21% | 8,471 | $324K | New |
| NEE Nextera Energy Inc. | 0.19% | 3,149 | $292K | No change |
| DCI Donaldson Co. Inc. | 0.17% | 3,092 | $262K | No change |
| JPM JPMorgan Chase & Co. | 0.16% | 863 | $254K | No change |
Portfolio Sells Q4 2025 → Q1 2026
| RSPD Invesco S&P 500 Equal Weight | Sold out | 0.00% | −4.49 |
| COPX Global X Copper Miners ETF | Reduce -46.3% | 4.33% | −2.79 |
| XME SS SPDR S&P Metals Mining | Reduce -28.6% | 4.59% | −1.20 |
| CRBG Corebridge Financial Inc. | Sold out | 0.00% | −0.46 |
| B Barrick Mining Corp. | Reduce -39.8% | 0.59% | −0.39 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.18 |
| SCHG Schwab US Large-Cap Growth | Reduce -34.8% | 0.29% | −0.18 |
| AAPL Apple Inc. | Reduce -5.6% | 1.69% | −0.11 |
| AMZN Amazon.com Inc. | Reduce -3.0% | 1.07% | −0.08 |
| CPA Copa Holdings SA Class A | Reduce -0.7% | 0.59% | −0.00 |
| PAAS Pan American Silver Corp. | Reduce -0.7% | 1.00% | +0.10 |
| INTC Intel Corp. | Reduce -1.6% | 0.79% | +0.16 |
| SOXX iShares Semiconductor ETF | Reduce -10.9% | 9.17% | +0.31 |
| IAU iShares Gold Trust | Reduce -9.7% | 9.98% | +0.42 |
| MOD Modine Manufacturing Co. | Reduce -4.3% | 1.28% | +0.51 |
| DJP Ipath Bloomberg Commodity Inc. | Reduce -3.1% | 6.19% | +1.50 |
Portfolio Buys Q4 2025 → Q1 2026
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +19.7% | 6.55% | +1.35 |
| VIOV Vanguard S&P Small-Cap 600 V | Add +2.0% | 6.55% | +0.76 |
| DLO Dlocal Ltd. | New | 0.70% | +0.70 |
| CRDO Credo Technology Group Holdi | New | 0.59% | +0.59 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +0.1% | 6.87% | +0.57 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +24.5% | 2.07% | +0.55 |
| XLE SS Energy Select Sector | Add +0.3% | 1.74% | +0.55 |
| FRDM Freedom 100 Emeging MRKT ETF | New | 0.55% | +0.55 |
| IDMO Invesco S&P International DE | Add +5.3% | 4.42% | +0.42 |
| ARB Altshares Merger Arbitrage | Add +4.2% | 3.54% | +0.38 |
| LCR Leuthold Core ETF | Add +1.6% | 6.05% | +0.33 |
| PPL PPL Corp. | New | 0.21% | +0.21 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.3% | 9.32% | +0.12 |
| IAK iShares U.S. Insurance ETF | Add +1.7% | 4.59% | +0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.3% | 0.98% | +0.03 |
| NMIH Nmi Holdings Inc. | Add +0.3% | 0.45% | −0.01 |
| ALV Autoliv Inc. | Add +0.5% | 0.44% | −0.02 |
| EVR Evercore Inc. Class A | Add +0.1% | 0.62% | −0.04 |
| TBBK The Bancorp Inc. | Add +0.6% | 0.47% | −0.08 |
| FSLR First Solar Inc. | Add +0.5% | 0.62% | −0.15 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 40 | $176.0M | SOXX, QQQ, IAU, VO, FNDX |
| Q1 2026 | 38 | $155.1M | IAU, QQQ, SOXX, FNDX, VIOV |
| Q4 2025 | 37 | $165.1M | IAU, QQQ, SOXX, COPX, FNDX |
| Q3 2025 | 39 | $163.1M | IAU, QQQ, SOXX, COPX, XME |
| Q2 2025 | 171 | $150.5M | QQQ, IAU, SOXX, FNDX, COPX |
| Q1 2025 | 37 | $136.1M | IAU, QQQ, SOXX, FNDX, VO |
| Q4 2024 | 266 | $141.7M | VO, IAU, QQQ, SOXX, FNDX |
| Q3 2024 | 157 | $144.9M | IAU, VO, QQQ, SOXX, COPX |
| Q2 2024 | 291 | $140.9M | QQQ, SOXX, VO, IAU, FNDX |
| Q1 2024 | 185 | $138.0M | VO, SOXX, IAU, QQQ, COPX |