USA Financial Formulas

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 14, 2025), USA Financial Formulas reported 286 stock positions worth $636.4 million. Its top holding was iShares S&P 500 Growth ETF (IVW) at 13.2% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 12.7%) and SS SPDR Dow Jones Indus Avg (DIA, 12.7%). Compared with Q3 2024, it opened 114 new positions, sold out of 84, added to 45 and reduced 127. The biggest buy was SS SPDR Dow Jones Indus Avg (DIA, shares +7979%) and the biggest sale iShares MSCI Eafe ETF (EFA, shares −100%).

Most Recent 13F
Q1 2026
Location
ADA, MI
CIK
0001633716
Portfolio Value
$636.4M (Q4 2024)
SEC Filing
0001633716-25-000002 ↗ filed Jan 14, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $616.8M Q1 2024 Q2 2024: $616.7M Q2 2024 Q3 2024: $643.1M Q3 2024 Q4 2024: $636.4M $636.4M Q4 2024 Q1 2025: $605.7M Q1 2025 Q2 2025: $585.9M Q2 2025 Q3 2025: $567.6M Q3 2025 Q4 2025: $549.6M Q4 2025 Q1 2026: $530.5M Q1 2026

Holdings 286 stocks · $636.4M

IVW iShares S&P 500 Growth ETF 13.20% 827,204 $84.0M Reduce -1.3%
SPY SS SPDR S&P 500 ETF Trust-US 12.71% 138,043 $80.9M Reduce -1.9%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 12.67% 189,444 $80.6M Add +7978.6%
IVE iShares S&P 500 Value ETF 12.13% 404,398 $77.2M New
IYR iShares US Real Estate ETF 11.72% 801,813 $74.6M New
LQD Ishr Ibx Usd Invgd CB ETF-Ui 6.67% 397,597 $42.5M Reduce -0.6%
IVV iShares Core S&P 500 ETF 5.76% 62,304 $36.7M Add +1.8%
BIL SS SPDR BB 1-3M T-Bill ETF 3.63% 252,502 $23.1M Add +3.2%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 1.54% 124,266 $9.8M Reduce -6.6%
TMUS T-Mobile US Inc. 0.44% 12,691 $2.8M Reduce -19.5%
CTAS Cintas Corp. 0.38% 13,143 $2.4M Reduce -2.5%
XEL Xcel Energy Inc. 0.37% 35,063 $2.4M New
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.28% 23,416 $1.8M Reduce -8.1%
AAPL Apple Inc. 0.25% 6,469 $1.6M Reduce -10.9%
PYPL PayPal Holdings Inc. 0.25% 18,486 $1.6M Reduce -18.1%
GILD Gilead Sciences Inc. 0.24% 16,664 $1.5M New
ILMN Illumina Inc. 0.23% 10,833 $1.4M New
FTNT Fortinet Inc. 0.22% 14,926 $1.4M New
CSCO Cisco Systems Inc. 0.22% 23,571 $1.4M New
AMZN Amazon.com Inc. 0.21% 6,207 $1.4M New
FOXA Fox Corp. Class A 0.21% 27,657 $1.3M Add +3196.4%
KMI Kinder Morgan Inc. 0.21% 48,271 $1.3M Add +27.9%
FITB Fifth Third Bancorp 0.21% 31,256 $1.3M Reduce -5.0%
BSX Boston Scientific Corp. 0.20% 14,536 $1.3M Reduce -12.7%
ADSK Autodesk Inc. 0.20% 4,380 $1.3M New
BKR Baker Hughes Co. 0.20% 31,288 $1.3M New
HON Honeywell International Inc. 0.20% 5,664 $1.3M Reduce -14.7%
TT Trane Technologies PLC 0.20% 3,459 $1.3M Reduce -14.9%
NFLX Netflix Inc. 0.20% 1,411 $1.3M Reduce -27.2%
WMT Walmart Inc. 0.20% 13,842 $1.3M Reduce -6.2%
WMB Williams Cos Inc. 0.20% 23,009 $1.2M New
META Meta Platforms Inc. Class A 0.20% 2,125 $1.2M New
ETR Entergy Corp. 0.20% 16,375 $1.2M Add +1105.8%
PODD Insulet Corp. 0.19% 4,725 $1.2M New
MSI Motorola Solutions Inc. 0.19% 2,661 $1.2M Add +50.1%
TXN Texas Instruments Inc. 0.19% 6,537 $1.2M New
ISRG Intuitive Surgical Inc. 0.19% 2,348 $1.2M Reduce -47.4%
VRSK Verisk Analytics Inc. 0.19% 4,415 $1.2M Reduce -11.4%
DDOG Datadog Inc. Class A 0.19% 8,504 $1.2M New
NI Nisource Inc. 0.19% 32,897 $1.2M Add +0.7%
SRE Sempra 0.19% 13,659 $1.2M New
MS Morgan Stanley 0.19% 9,504 $1.2M New
SYF Synchrony Financial 0.19% 18,365 $1.2M Reduce -21.7%
VTR Ventas Inc. 0.19% 20,076 $1.2M New
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.18% 9,983 $1.2M Reduce -26.6%
COST Costco Wholesale Corp. 0.18% 1,277 $1.2M Reduce -44.8%
EA Electronic Arts Inc. 0.18% 7,930 $1.2M Reduce -15.6%
OKE Oneok Inc. 0.18% 11,551 $1.2M Reduce -3.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.18% 26,358 $1.2M Reduce -35.9%
ZBRA Zebra Technologies Corp. Class A 0.18% 2,998 $1.2M New
ATO Atmos Energy Corp. 0.18% 8,255 $1.1M New
RCL Royal Caribbean Cruises Ltd. 0.18% 4,967 $1.1M Reduce -27.6%
LNT Alliant Energy Corp. 0.18% 19,363 $1.1M New
TRGP Targa Resources Corp. 0.18% 6,406 $1.1M Reduce -16.1%
WELL Welltower Inc. 0.18% 9,029 $1.1M Add +1.1%
PEG Public Service Enterprise GP 0.18% 13,207 $1.1M New
KKR KKR & Co. Inc. 0.17% 7,477 $1.1M Add +9.8%
GS Goldman Sachs Group Inc. 0.17% 1,924 $1.1M Reduce -11.7%
MTB M & T Bank Corp. filed as M & T BK CORP 0.17% 5,819 $1.1M Reduce -11.6%
AVB Avalonbay Communities Inc. 0.17% 4,970 $1.1M New
TYL Tyler Technologies Inc. 0.17% 1,862 $1.1M Add +3.5%
LHX L3HARRIS Technologies Inc. 0.17% 5,013 $1.1M Add +6.1%
AXON Axon Enterprise Inc. 0.16% 1,738 $1.0M New
QQQ Invesco QQQ Trust Series 1 0.16% 1,966 $1.0M Reduce -98.8%
OEF iShares S&P 100 ETF 0.16% 3,459 $999K Reduce -5.9%
IWB iShares Russell 1000 ETF 0.15% 3,038 $979K Reduce -5.2%
VTI VG Morningstar TS MKT ETF-US 0.15% 3,366 $976K Reduce -5.4%
IWV iShares Russell 3000 ETF 0.15% 2,905 $971K Reduce -5.1%
PGR Progressive Corp. 0.15% 3,971 $951K Reduce -22.3%
IWM iShares Russell 2000 ETF 0.15% 4,288 $947K Reduce -5.4%
UAL United Airlines Holdings Inc. 0.14% 9,506 $923K New
APD Air Products & Chemicals Inc. 0.14% 3,148 $913K New
WAB Wabtec Corp. 0.14% 4,782 $907K Reduce -13.1%
GDDY GoDaddy Inc. Class A 0.14% 4,387 $866K Reduce -39.0%
NDAQ Nasdaq Inc. 0.13% 11,078 $856K New
ECL Ecolab Inc. 0.13% 3,637 $852K Reduce -45.7%
HWM Howmet Aerospace Inc. 0.13% 7,544 $825K Reduce -11.1%
AEE Ameren Corporation 0.13% 9,234 $823K New
MMM 3M Co. 0.13% 6,320 $816K New
WFC Wells Fargo & Co. 0.13% 11,462 $805K New
DUK Duke Energy Corp. 0.13% 7,460 $804K New
FISV Fiserv Inc. 0.13% 3,909 $803K New
DOV Dover Corp. 0.12% 4,150 $779K Reduce -6.4%
PNC PNC Financial Services Group 0.12% 4,020 $775K Add +212.3%
PG The Procter & Gamble Co. 0.12% 4,623 $775K Add +5.0%
VST Vistra Corp. 0.12% 5,481 $756K New
HPE Hewlett Packard Enterprise 0.10% 28,883 $617K New
RTX RTX Corp. 0.10% 5,273 $610K Add +3925.2%
GM General Motors Co. 0.09% 11,121 $592K Reduce -61.3%
BBY Best Buy Co. Inc. 0.09% 6,861 $589K Add +21.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.09% 5,210 $580K Add +2894.3%
VZ Verizon Communications Inc. 0.09% 14,302 $572K Add +8.4%
KEYS Keysight Technologies Inc. 0.09% 3,558 $572K New
OUSA Alps Oshares US Quality Divi 0.09% 10,241 $544K Add +0.1%
HAS Hasbro Inc. 0.08% 9,350 $523K Reduce -55.4%
CB Chubb Ltd. 0.08% 1,786 $493K Reduce -26.5%
XLY SS Consumer Disc Select Sect 0.07% 1,960 $440K New
ABT Abbott Laboratories 0.07% 3,855 $436K New
VOX Vanguard Communication Servi 0.07% 2,751 $426K Reduce -18.2%
XLK SS Technology Select Sector 0.07% 1,814 $422K Reduce -18.0%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.07% 399 $421K Add +45.1%
XLF SS Financial Select Sector 0.07% 8,630 $417K Reduce -14.1%
VIRT Virtu Financial Inc. Class A 0.06% 11,085 $396K Add +910.5%
XLI SS Industrial Select Sector 0.06% 2,992 $394K Reduce -15.9%
XLP SS Consumer Staples Sel Sect 0.06% 5,003 $393K Reduce -8.9%
IBKR Interactive Brokers Gro Class A 0.06% 2,201 $389K New
XLU St Sr Utl SL SE SPDR ETF-Usd 0.06% 5,101 $386K Reduce -14.6%
VNQ Vanguard Real Estate ETF 0.06% 4,306 $384K Reduce -10.3%
JEF Jefferies Financial Group Inc. 0.06% 4,891 $383K Reduce -13.0%
XLE SS Energy Select Sector 0.06% 4,456 $382K New
XLB SS Materials Select Sector 0.06% 4,316 $363K Reduce -12.9%
ADC Agree Realty Corp. 0.06% 5,093 $359K New
R Ryder System Inc. 0.06% 2,277 $357K Reduce -1.3%
IDA Idacorp Inc. 0.06% 3,252 $355K New
LIN Linde PLC 0.05% 824 $345K Add +94.8%
EQIX Equinix Inc. 0.05% 363 $342K New
SPOT Spotify Technology SA 0.05% 765 $342K Reduce -17.1%
EHC Encompass Health Corp. 0.05% 3,642 $336K Add +7.0%
GSRHX Gldmn SCHS RL Est Div-I 0.05% 38,412 $329K New
CADUX Cion Ares Divers Cred-I 0.05% 12,940 $328K New
LOW Lowe's Cos Inc. 0.05% 1,324 $327K Reduce -7.3%
HIG Hartford Insurance Group Inc. 0.05% 2,962 $324K Add +10.0%
BOKF Bok Financial Corporation 0.05% 2,997 $319K New
PNR Pentair PLC 0.05% 3,161 $318K Reduce -11.5%
OGIG Alps Oshares Global Internet 0.05% 6,746 $310K Add +0.0%
TXRH Texas Roadhouse Inc. 0.05% 1,711 $309K Reduce -3.2%
UTHR United Therapeutics Corp. 0.05% 870 $307K Add +856.0%
RSG Republic Services Inc. 0.05% 1,511 $304K Reduce -80.2%
AFL Aflac Inc. 0.05% 2,934 $303K Reduce -0.9%
RGLD Royal Gold Inc. 0.05% 2,294 $302K New
CVNA Carvana Co. 0.05% 1,486 $302K Reduce -18.6%
CUZ Cousins Properties Inc. 0.05% 9,652 $296K New
FLS Flowserve Corp. 0.05% 5,128 $295K New
CW Curtiss-Wright Corp. 0.04% 798 $283K Reduce -6.8%
CAT Caterpillar Inc. 0.04% 771 $280K Reduce -10.6%
OUSM Alps Oshares US Small-Cap Qu 0.04% 6,257 $274K Add +0.1%
EME Emcor Group Inc. 0.04% 585 $266K New
CHRW C.H. Robinson Worldwide Inc. 0.04% 2,541 $263K Add +7.5%
GWRE Guidewire Software Inc. 0.04% 1,522 $257K New
CRM Salesforce Inc. 0.04% 756 $253K New
SHW The Sherwin-Williams Co. 0.04% 738 $251K Reduce -8.7%
CAH Cardinal Health Inc. 0.04% 2,121 $251K Reduce -10.0%
NEE Nextera Energy Inc. 0.04% 3,460 $248K Reduce -0.3%
COF Capital One Financial Corp. 0.04% 1,358 $242K New
NOC Northrop Grumman Corp. 0.04% 506 $237K New
WM Waste Management Inc. 0.04% 1,174 $237K Reduce -47.7%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.04% 2,093 $237K Reduce -11.3%
TFC Truist Financial Corp. 0.04% 5,442 $236K Reduce -1.6%
HBAN Huntington Bancshares Inc. 0.04% 14,353 $234K Reduce -12.7%
MCO Moody's Corp. 0.04% 491 $232K New
LMT Lockheed Martin Corp. 0.04% 473 $230K Add +18.8%
OEFA Alps O'shares Intl Dev QLTY 0.04% 8,292 $228K Add +0.1%
TGT Target Corp. 0.04% 1,672 $226K Reduce -4.7%
BRK.B Berkshire Hathaway Inc. Class B 0.04% 498 $226K Reduce -4.2%
MDT Medtronic PLC 0.04% 2,807 $224K Add +5.7%
DAY Dayforce Inc. 0.04% 3,084 $224K New
ADP Automatic Data Processing 0.04% 765 $224K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.03% 1,770 $214K Reduce -47.0%
CL Colgate-Palmolive Co. 0.03% 2,334 $212K Reduce -84.6%
MRSH Marsh & McLennan Cos 0.03% 993 $211K Reduce -42.4%
UL Unilever PLC 0.03% 3,700 $210K Reduce -2.6%
EMR Emerson Electric Co. 0.03% 1,682 $208K Reduce -22.9%
AMCR Amcor PLC 0.03% 22,048 $207K Reduce -4.2%
OC Owens Corning 0.03% 1,207 $206K Reduce -16.0%
MA Mastercard Inc. Class A 0.03% 384 $202K Reduce -46.4%
VRSN Verisign Inc. 0.03% 958 $198K Reduce -7.4%
CINF Cincinnati Financial Corp. 0.03% 1,358 $195K Add +461.2%
PEP Pepsico Inc. 0.03% 1,282 $195K New
BDX Becton Dickinson and Co. 0.03% 847 $192K New
AIZ Assurant Inc. 0.03% 862 $184K New
CBOE Cboe Global Markets Inc. 0.03% 933 $182K New
SPGI S&P Global Inc. 0.03% 362 $180K New
AMP Ameriprise Financial Inc. 0.03% 336 $179K New
HLT Hilton Worldwide Holdings Inc. 0.03% 723 $179K Reduce -5.6%
DOX Amdocs Ltd. 0.03% 2,075 $177K Reduce -4.2%
BX Blackstone Inc. 0.03% 1,024 $177K New
OTIS Otis Worldwide Corp. 0.03% 1,880 $174K New
ORLY O'reilly Automotive Inc. 0.03% 143 $170K Reduce -0.7%
PCG P G & E Corp. 0.03% 8,287 $167K New
JNJ Johnson & Johnson 0.03% 1,150 $166K Reduce -1.9%
DHI D.R. Horton Inc. 0.03% 1,183 $165K New
EWJ iShares MSCI Japan ETF 0.03% 2,416 $162K Reduce -14.6%
NUE Nucor Corp. 0.03% 1,370 $160K Reduce -7.2%
VSS Vanguard Ftse All Wo X-US SC 0.03% 1,390 $159K Reduce -15.3%
VEU Vanguard Ftse All-World Ex-U 0.02% 2,762 $159K Reduce -16.1%
EFA iShares MSCI Eafe ETF 0.02% 2,096 $158K Reduce -99.8%
IEV iShares Europe ETF 0.02% 3,036 $158K Reduce -14.1%
VWO Vanguard Ftse Emerging Marke 0.02% 3,573 $157K Reduce -19.0%
EPP iShares MSCI Pacific Ex Japa 0.02% 3,564 $156K Reduce -20.5%
EWH iShares MSCI Hong Kong ETF 0.02% 9,002 $150K New
KMB Kimberly-Clark Corp. 0.02% 1,129 $148K Reduce -4.1%
CMG Chipotle Mexican Grill Inc. 0.02% 2,442 $147K Reduce -17.8%
MKC McCormick & Co.-Non VTG SHRS 0.02% 1,906 $145K Reduce -7.5%
SYY Sysco Corp. 0.02% 1,843 $141K Reduce -4.7%
IDCC Interdigital Inc. 0.02% 676 $131K New
SNEX Stonex Group Inc. 0.02% 1,317 $129K New
ACIW Aci Worldwide Inc. 0.02% 2,412 $125K Add +7.6%
HTLF Heartland Financial USA Inc. 0.02% 2,018 $124K Add +90.4%
CCB Coastal Financial Corp. 0.02% 1,441 $122K New
ACGL Arch Capital Group Ltd. 0.02% 1,307 $121K New
SKYW Skywest Inc. 0.02% 1,180 $118K Add +63.7%
AVY Avery Dennison Corp. 0.02% 629 $118K Reduce -3.2%
CVLT Commvault Systems Inc. 0.02% 776 $117K Add +7.2%
LRN Stride Inc. 0.02% 945 $98K Reduce -0.5%
ABCB Ameris Bancorp 0.02% 1,568 $98K New
AKR Acadia Realty Trust 0.01% 3,886 $94K Add +14.4%
FTAI Ftai Aviation Ltd. 0.01% 646 $93K New
UE Urban Edge Properties 0.01% 4,322 $93K New
APH Amphenol Corp. Class A 0.01% 1,336 $93K Reduce -93.9%
DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC 0.01% 3,000 $92K New
CDP Copt Defense Properties 0.01% 2,917 $90K New
CNK Cinemark Holdings Inc. 0.01% 2,831 $88K Add +2.3%
EPAC Enerpac Tool Group Corp. 0.01% 2,034 $84K Add +7.3%
ACM Aecom 0.01% 740 $79K Reduce -6.3%
EVRG Evergy Inc. 0.01% 1,190 $73K New
TPB Turning Point Brands Inc. 0.01% 1,218 $73K New
POR Portland General Electric Co. 0.01% 1,620 $71K New
DCI Donaldson Co. Inc. 0.01% 1,043 $70K Reduce -4.1%
PPG PPG Industries Inc. 0.01% 582 $70K Add +1.9%
HD Home Depot Inc. 0.01% 174 $68K Reduce -12.1%
MCB Metropolitan Bank Holding Co. 0.01% 1,131 $66K New
WCN Waste Connections Inc. 0.01% 382 $66K Reduce -5.7%
AME Ametek Inc. 0.01% 363 $65K Reduce -11.0%
GGG Graco Inc. 0.01% 736 $62K Reduce -11.0%
GLNG Golar LNG Ltd. 0.01% 1,453 $61K New
FTDR Frontdoor Inc. 0.01% 1,098 $60K New
VCTR Victory Capital Holding - A 0.01% 904 $59K Reduce -18.1%
LEN Lennar Corp. Class A 0.01% 431 $59K New
FELE Franklin Electric Co. Inc. 0.01% 600 $58K Reduce -14.5%
EXLS Exlservice Holdings Inc. 0.01% 1,317 $58K New
OTTR Otter Tail Corp. 0.01% 783 $58K Reduce -5.9%
PLXS Plexus Corp. 0.01% 359 $56K New
CASH Pathward Financial Inc. 0.01% 744 $55K Reduce -12.1%
UMBF Umb Financial Corp. 0.01% 483 $55K Add +124.7%
CORT Corcept Therapeutics Inc. 0.01% 1,065 $54K New
MMSI Merit Medical Systems Inc. 0.01% 553 $53K Reduce -6.6%
QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC 0.01% 997 $38K Reduce -28.3%
OSW Onespaworld Holdings Ltd. 0.01% 1,831 $36K New
INOD Innodata Inc. 0.01% 903 $36K New
CARG Cargurus Inc. 0.01% 949 $35K New
DSGX The Descartes Systems Grp 0.01% 305 $35K Reduce -9.2%
MMYT Makemytrip Ltd. 0.01% 308 $35K New
AMAL Amalgamated Financial Corp. 0.01% 1,007 $34K New
ARLP Alliance Resource Partners 0.01% 1,270 $33K New
NVR NVR Inc. 0.01% 4 $33K Add +33.3%
EXEL Exelixis Inc. 0.01% 968 $32K New
BANR Banner Corporation 0.01% 476 $32K New
VBTX Veritex Holdings Inc. 0.01% 1,168 $32K New
ROAD Construction Partners Inc. Class A 0.00% 349 $31K New
RDNT Radnet Inc. 0.00% 435 $30K New
BBW Build-A-Bear Workshop Inc. 0.00% 592 $27K New
PRIM Primoris Services Corp. 0.00% 347 $27K New
TGLS Tecnoglass Holdings Inc. 0.00% 324 $26K New
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC 0.00% 282 $26K New
NAGE Niagen Bioscience Inc. filed as CHROMADEX CORP 0.00% 4,798 $25K New
TTMI TTM Technologies 0.00% 1,021 $25K New
ENVA Enova International Inc. 0.00% 261 $25K Reduce -71.1%
CRS Carpenter Technology 0.00% 146 $25K Reduce -9.9%
MWA Mueller Water Products Inc. Class A 0.00% 1,066 $24K Reduce -5.6%
IMAX Imax Corp. 0.00% 925 $24K New
FBK FB Financial Corp. filed as FB FINL CORP 0.00% 457 $24K New
GPI Group 1 Automotive Inc. 0.00% 55 $23K New
CRAI Cra International Inc. 0.00% 120 $22K Reduce -64.5%
IRT Independence Realty Trust Inc. 0.00% 1,114 $22K Reduce -3.1%
DORM Dorman Products Inc. 0.00% 170 $22K Reduce -66.8%
ITRI Itron Inc. 0.00% 200 $22K New
LMAT Lemaitre Vascular Inc. 0.00% 235 $22K Reduce -63.5%
CPRX Catalyst Pharmaceuticals Inc. 0.00% 1,037 $22K New
WHD Cactus Inc. Class A 0.00% 369 $22K New
SBRA Sabra Health Care REIT Inc. 0.00% 1,203 $21K New
CSW CSW Industrials Inc. 0.00% 57 $20K Reduce -82.5%
CTRE Caretrust REIT Inc. 0.00% 726 $20K New
NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC 0.00% 279 $19K Reduce -69.7%
MATX Matson Inc. 0.00% 143 $19K Reduce -14.4%
ENSG The Ensign Group Inc. 0.00% 142 $19K Reduce -62.3%
LNTH Lantheus Holdings Inc. 0.00% 206 $18K New
PNTG The Pennant Group Inc. 0.00% 675 $18K Reduce -80.0%
GOOG Alphabet Inc. Class C 0.00% 91 $17K Reduce -99.3%
AXP American Express Co. 0.00% 53 $16K Reduce -99.2%
INTU Intuit Inc. 0.00% 25 $16K Add +4.2%
NKE Nike Inc. Class B 0.00% 205 $16K New
AVAV Aerovironment Inc. 0.00% 98 $15K New
UNP Union Pacific Corp. 0.00% 66 $15K Add +4.8%
CI The Cigna Group 0.00% 47 $13K Add +9.3%
IIPR Innovative Industrial Proper 0.00% 172 $11K Reduce -6.0%
GSG iShares S&P Gsci Commodity I 0.00% 113 $2K Reduce -98.0%

Portfolio Sells Q3 2024 → Q4 2024

EFA iShares MSCI Eafe ETF Reduce -99.8% 0.02% −12.69
QQQ Invesco QQQ Trust Series 1 Reduce -98.8% 0.16% −12.22
IJK iShares S&P Mid-Cap 400 Grow Sold out 0.00% −12.05
NVDA Nvidia Corp. Sold out 0.00% −0.48
AVGO Broadcom Inc. Sold out 0.00% −0.45
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -0.6% 6.67% −0.35
GOOG Alphabet Inc. Class C Reduce -99.3% 0.00% −0.32
AXP American Express Co. Reduce -99.2% 0.00% −0.27
ADI Analog Devices Inc. Sold out 0.00% −0.23
GOOGL Alphabet Inc. Class A Sold out 0.00% −0.22
AEP American Electric Power Sold out 0.00% −0.22
KDP Keurig Dr Pepper Inc. Sold out 0.00% −0.22
CL Colgate-Palmolive Co. Reduce -84.6% 0.03% −0.21
PANW Palo Alto Networks Inc. Sold out 0.00% −0.21
KO The Coca-Cola Co. Sold out 0.00% −0.21
AMGN Amgen Inc. Sold out 0.00% −0.21
APH Amphenol Corp. Class A Reduce -93.9% 0.01% −0.21
AZN Astrazeneca PLC-Spons ADR Sold out 0.00% −0.20
GE General Electric Sold out 0.00% −0.20
GLW Corning Inc. Sold out 0.00% −0.20
JPM JPMorgan Chase & Co. Sold out 0.00% −0.20
RSG Republic Services Inc. Reduce -80.2% 0.05% −0.19
LDOS Leidos Holdings Inc. Sold out 0.00% −0.19
VMRK Vivmark Residential Sold out 0.00% −0.18
ELV Elevance Health Inc. Sold out 0.00% −0.17
CPT Camden Property Trust Sold out 0.00% −0.16
HAS Hasbro Inc. Reduce -55.4% 0.08% −0.15
ISRG Intuitive Surgical Inc. Reduce -47.4% 0.19% −0.15
NRG NRG Energy Inc. Sold out 0.00% −0.15
COST Costco Wholesale Corp. Reduce -44.8% 0.18% −0.14
ECL Ecolab Inc. Reduce -45.7% 0.13% −0.13
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -6.6% 1.54% −0.13
TEL Te Connectivity PLC Sold out 0.00% −0.13
GD General Dynamics Corp. Sold out 0.00% −0.13
ICE Intercontinental Exchange Inc. Sold out 0.00% −0.13
UHS Universal Health Services-B Sold out 0.00% −0.12
GM General Motors Co. Reduce -61.3% 0.09% −0.11
CRUS Cirrus Logic Inc. Sold out 0.00% −0.08
BAC Bank of America Corp. Reduce -35.9% 0.18% −0.07
XLV SS Health Care Select Sector Sold out 0.00% −0.07
TMUS T-Mobile US Inc. Reduce -19.5% 0.44% −0.07
VNOM Viper Energy Inc. Sold out 0.00% −0.06
CTAS Cintas Corp. Reduce -2.5% 0.38% −0.05
V Visa Inc. Class A Sold out 0.00% −0.05
PGR Progressive Corp. Reduce -22.3% 0.15% −0.05
THC Tenet Healthcare Corp. Sold out 0.00% −0.05
HLI Houlihan Lokey Inc. Sold out 0.00% −0.05
HEI Heico Corp. Sold out 0.00% −0.05
CACI Caci International Inc. Class A Sold out 0.00% −0.05
POST Post Holdings Inc. Sold out 0.00% −0.05

Portfolio Buys Q3 2024 → Q4 2024

DIA SS SPDR Dow Jones Indus Avg Add +7978.6% 12.67% +12.51
IVE iShares S&P 500 Value ETF New 12.13% +12.13
IYR iShares US Real Estate ETF New 11.72% +11.72
XEL Xcel Energy Inc. New 0.37% +0.37
IVV iShares Core S&P 500 ETF Add +1.8% 5.76% +0.28
GILD Gilead Sciences Inc. New 0.24% +0.24
ILMN Illumina Inc. New 0.23% +0.23
FTNT Fortinet Inc. New 0.22% +0.22
CSCO Cisco Systems Inc. New 0.22% +0.22
AMZN Amazon.com Inc. New 0.21% +0.21
FOXA Fox Corp. Class A Add +3196.4% 0.21% +0.21
ADSK Autodesk Inc. New 0.20% +0.20
BKR Baker Hughes Co. New 0.20% +0.20
WMB Williams Cos Inc. New 0.20% +0.20
META Meta Platforms Inc. Class A New 0.20% +0.20
PODD Insulet Corp. New 0.19% +0.19
TXN Texas Instruments Inc. New 0.19% +0.19
DDOG Datadog Inc. Class A New 0.19% +0.19
SRE Sempra New 0.19% +0.19
MS Morgan Stanley New 0.19% +0.19
VTR Ventas Inc. New 0.19% +0.19
ZBRA Zebra Technologies Corp. Class A New 0.18% +0.18
ETR Entergy Corp. Add +1105.8% 0.20% +0.18
ATO Atmos Energy Corp. New 0.18% +0.18
LNT Alliant Energy Corp. New 0.18% +0.18
PEG Public Service Enterprise GP New 0.18% +0.18
AVB Avalonbay Communities Inc. New 0.17% +0.17
AXON Axon Enterprise Inc. New 0.16% +0.16
UAL United Airlines Holdings Inc. New 0.14% +0.14
APD Air Products & Chemicals Inc. New 0.14% +0.14
BIL SS SPDR BB 1-3M T-Bill ETF Add +3.2% 3.63% +0.14
NDAQ Nasdaq Inc. New 0.13% +0.13
AEE Ameren Corporation New 0.13% +0.13
MMM 3M Co. New 0.13% +0.13
WFC Wells Fargo & Co. New 0.13% +0.13
DUK Duke Energy Corp. New 0.13% +0.13
FISV Fiserv Inc. New 0.13% +0.13
VST Vistra Corp. New 0.12% +0.12
HPE Hewlett Packard Enterprise New 0.10% +0.10
RTX RTX Corp. Add +3925.2% 0.10% +0.09
KEYS Keysight Technologies Inc. New 0.09% +0.09
DIS The Walt Disney Co. Add +2894.3% 0.09% +0.09
PNC PNC Financial Services Group Add +212.3% 0.12% +0.08
KMI Kinder Morgan Inc. Add +27.9% 0.21% +0.08
MSI Motorola Solutions Inc. Add +50.1% 0.19% +0.07
XLY SS Consumer Disc Select Sect New 0.07% +0.07
ABT Abbott Laboratories New 0.07% +0.07
IBKR Interactive Brokers Gro Class A New 0.06% +0.06
XLE SS Energy Select Sector New 0.06% +0.06
VIRT Virtu Financial Inc. Class A Add +910.5% 0.06% +0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2026 437$530.5MIJS, IWM, IJK, IVV, BIL
Q4 2025 414$549.6MIVV, EEM, QQQ, IVW, SPY
Q3 2025 257$567.6MIVV, EEM, IVW, QQQ, SPY
Q2 2025 240$585.9MEEM, EFA, SPY, QQQ, IVW
Q1 2025 274$605.7MSPY, IVW, DIA, IVV, LQD
Q4 2024 286$636.4MIVW, SPY, DIA, IVE, IYR
Q3 2024 256$643.1MEFA, SPY, IVW, QQQ, IJK
Q2 2024 297$616.7MIVW, QQQ, SPY, IJK, MDY
Q1 2024 300$616.8MIVW, QQQ, SPY, IVE, DIA