USA Financial Formulas

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 18, 2025), USA Financial Formulas reported 240 stock positions worth $585.9 million. Its top holding was iShares MSCI Emerging Market (EEM) at 11.6% of the portfolio, followed by iShares MSCI Eafe ETF (EFA, 11.6%) and SS SPDR S&P 500 ETF Trust-US (SPY, 11.5%). Compared with Q1 2025, it opened 98 new positions, sold out of 132, added to 64 and reduced 78. The biggest buy was a new position in iShares MSCI Emerging Market (EEM) and the biggest sale SS SPDR Dow Jones Indus Avg (DIA, shares −96%).

Most Recent 13F
Q1 2026
Location
ADA, MI
CIK
0001633716
Portfolio Value
$585.9M (Q2 2025)
SEC Filing
0001633716-25-000004 ↗ filed Jul 18, 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 Q4 2024 Q1 2025: $605.7M Q1 2025 Q2 2025: $585.9M $585.9M Q2 2025 Q3 2025: $567.6M Q3 2025 Q4 2025: $549.6M Q4 2025 Q1 2026: $530.5M Q1 2026

Holdings 240 stocks · $585.9M
EEM iShares MSCI Emerging Market 11.58% 1,406,662 $67.9M New
EFA iShares MSCI Eafe ETF 11.58% 758,763 $67.8M Add +28554.2%
SPY SS SPDR S&P 500 ETF Trust-US 11.45% 108,596 $67.1M Reduce -51.1%
QQQ Invesco QQQ Trust Series 1 10.79% 114,628 $63.2M Add +950.8%
IVW iShares S&P 500 Growth ETF 10.77% 573,100 $63.1M Reduce -56.4%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 6.51% 347,983 $38.1M Add +12.9%
BIL SS SPDR BB 1-3M T-Bill ETF 3.95% 252,044 $23.1M Add +1.5%
GSG iShares S&P Gsci Commodity I 3.80% 1,009,519 $22.2M New
IVV iShares Core S&P 500 ETF 3.27% 30,886 $19.2M Reduce -49.1%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 1.44% 104,684 $8.4M Add +348846.7%
SIXJ Allian US Equ 6 Mon BU10-Usd 0.95% 174,494 $5.6M Add +215324.7%
SIXO Allian US Equ 6 Mon BU10-Usd 0.93% 165,423 $5.5M Add +214735.1%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.85% 11,326 $5.0M Reduce -96.1%
IYR iShares US Real Estate ETF 0.72% 44,386 $4.2M Add +14895.3%
IYZ iShares US Telecommunication 0.62% 122,001 $3.6M New
IYC iShares US Consumer Discreti 0.61% 35,895 $3.6M New
IYF iShares US Financials ETF 0.61% 29,559 $3.6M New
IYW iShares Ustechnology ETF 0.60% 20,429 $3.5M New
GILD Gilead Sciences Inc. 0.57% 30,176 $3.3M Add +24.1%
CSCO Cisco Systems Inc. 0.54% 45,834 $3.2M Add +5.3%
AEP American Electric Power 0.52% 29,331 $3.0M New
VRSK Verisk Analytics Inc. 0.50% 9,493 $3.0M Add +101.1%
ARLU Allianzim US BF15 Uncap Apr 0.48% 101,212 $2.8M Add +224815.6%
JULU Allianzim US BF15 Uncap Jul 0.48% 102,360 $2.8M Add +217687.2%
JANU Allianzim US BF15 Uncap Jan 0.48% 107,367 $2.8M Add +219016.3%
OCTU Allianzim US BF15 Uncap Oct 0.47% 105,943 $2.8M Add +216110.2%
MNST Monster Beverage Corp. 0.47% 44,368 $2.8M New
EXC Exelon Corp. 0.43% 58,460 $2.5M Add +78.1%
MA Mastercard Inc. Class A 0.40% 4,152 $2.3M Add +20.1%
RTX RTX Corp. 0.32% 12,952 $1.9M Add +142.7%
BSX Boston Scientific Corp. 0.28% 15,331 $1.6M Reduce -14.5%
FOXA Fox Corp. Class A 0.27% 28,057 $1.6M Reduce -3.8%
V Visa Inc. Class A 0.26% 4,257 $1.5M Reduce -1.4%
ABT Abbott Laboratories 0.26% 11,031 $1.5M Reduce -2.0%
JCI Johnson Controls Internation 0.25% 13,689 $1.4M Add +367.0%
ETR Entergy Corp. 0.25% 17,353 $1.4M Add +1.6%
CVS CVS Health Corp. 0.24% 20,718 $1.4M New
WM Waste Management Inc. 0.23% 5,973 $1.4M Add +361.6%
EW Edwards Lifesciences Corp. 0.23% 17,034 $1.3M New
DUK Duke Energy Corp. 0.21% 10,302 $1.2M New
RSG Republic Services Inc. 0.21% 4,885 $1.2M Add +107.6%
ATO Atmos Energy Corp. 0.19% 7,329 $1.1M Add +40.0%
IEV iShares Europe ETF 0.19% 17,147 $1.1M New
TPR Tapestry Inc. 0.18% 11,855 $1.0M Reduce -15.0%
ESGE iShares Inc. iShares ESG Awar 0.17% 25,371 $994K New
HWM Howmet Aerospace Inc. 0.17% 5,260 $979K Reduce -18.2%
EBND State Street SPDR Bloomberg 0.17% 45,692 $978K New
KR Kroger Co. 0.17% 13,506 $969K Add +5.0%
T AT&T Inc. 0.17% 33,464 $968K Reduce -20.4%
EQT Eqt Corp. 0.16% 16,483 $961K New
EWC iShares MSCI Canada ETF 0.16% 20,636 $953K New
NI Nisource Inc. 0.16% 23,477 $947K Reduce -18.4%
VTIP Vanguard Short-Term Tips 0.16% 18,782 $944K New
BSV Vanguard Short-Term Bond ETF 0.16% 11,975 $942K New
VYMI Vanguard Int High DVD YLD Inc. 0.16% 11,738 $940K New
IDEV iShares Core MSCI Dev MKTS 0.16% 12,297 $935K New
DRI Darden Restaurants Inc. 0.16% 4,265 $930K Reduce -27.4%
CMS CMS Energy Corp. 0.16% 13,218 $916K New
DTE DTE Energy Company 0.16% 6,888 $912K New
NRG NRG Energy Inc. 0.15% 5,633 $905K New
WELL Welltower Inc. 0.15% 5,863 $901K Reduce -14.4%
CNP Centerpoint Energy Inc. 0.15% 24,525 $901K New
SCHW Schwab (charles) Corp. 0.15% 9,864 $900K New
LNG Cheniere Energy Inc. 0.15% 3,689 $898K Add +2.9%
PODD Insulet Corp. 0.15% 2,805 $881K Reduce -34.5%
RL Ralph Lauren Corp. 0.15% 3,213 $881K Reduce -27.1%
GL Globe Life Inc. 0.15% 6,989 $869K Reduce -21.8%
TRV The Travelers Cos Inc. 0.15% 3,243 $868K New
AEE Ameren Corporation 0.14% 8,770 $842K Add +12.3%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.14% 11,440 $840K New
DE Deere & Co. 0.14% 1,600 $814K New
VTI VG Morningstar TS MKT ETF-US 0.14% 2,602 $791K Reduce -15.8%
IWV iShares Russell 3000 ETF 0.13% 2,246 $788K Reduce -15.8%
IWB iShares Russell 1000 ETF 0.13% 2,316 $786K Reduce -16.9%
OEF iShares S&P 100 ETF 0.13% 2,559 $779K Reduce -19.0%
EVRG Evergy Inc. 0.12% 10,499 $724K Add +98.7%
DGX Quest Diagnostics Inc. 0.12% 3,855 $692K New
LH Labcorp Holdings Inc. 0.12% 2,620 $688K Reduce -14.9%
MMM 3M Co. 0.12% 4,514 $687K Reduce -40.6%
SO The Southern Co. 0.12% 7,403 $680K New
ICE Intercontinental Exchange Inc. 0.11% 3,640 $668K New
MOS The Mosaic Co. 0.11% 18,257 $666K New
VTR Ventas Inc. 0.11% 10,434 $659K Add +65112.5%
ROL Rollins Inc. 0.11% 11,431 $645K New
BRK.B Berkshire Hathaway Inc. Class B 0.10% 1,247 $606K Add +174.7%
OUSA Alps Oshares US Quality Divi 0.09% 9,934 $536K New
MRSH Marsh & McLennan Cos 0.08% 2,185 $478K Add +20.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.08% 3,626 $448K Add +10.6%
VOX Vanguard Communication Servi 0.07% 2,513 $430K Add +13.7%
XLK SS Technology Select Sector 0.07% 1,693 $429K Add +4.3%
XLI SS Industrial Select Sector 0.07% 2,878 $425K Add +7.2%
XLF SS Financial Select Sector 0.07% 8,101 $424K Add +13.2%
XLY SS Consumer Disc Select Sect 0.07% 1,892 $411K Add +15.9%
XLP SS Consumer Staples Sel Sect 0.07% 4,969 $402K Add +8.3%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.07% 4,920 $402K Add +5.5%
CB Chubb Ltd. 0.07% 1,380 $400K Add +0.3%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.06% 341 $355K Add +103.0%
WCN Waste Connections Inc. 0.06% 1,857 $347K Add +279.8%
CME Cme Group Inc. 0.05% 1,098 $303K Add +26.8%
SLM SLM Corp. 0.05% 9,196 $302K Reduce -14.4%
EXEL Exelixis Inc. 0.05% 6,773 $299K Reduce -31.8%
DOX Amdocs Ltd. 0.05% 3,187 $291K Add +31.4%
OGIG Alps Oshares Global Internet 0.05% 5,128 $275K New
RGLD Royal Gold Inc. 0.05% 1,524 $271K New
OEFA Alps O'shares Intl Dev QLTY 0.05% 8,247 $269K New
LPLA LPL Financial Holdings Inc. 0.05% 716 $268K New
LIN Linde PLC 0.05% 572 $268K Add +18.4%
WEC WEC Energy Group Inc. 0.05% 2,569 $268K New
LOPE Grand Canyon Education Inc. 0.05% 1,408 $266K New
VRSN Verisign Inc. 0.05% 918 $265K Reduce -6.2%
ADP Automatic Data Processing 0.05% 859 $265K Add +17.0%
UL Unilever PLC 0.05% 4,326 $265K New
OUSM Alps Oshares US Small-Cap Qu 0.04% 6,079 $263K New
JNJ Johnson & Johnson 0.04% 1,709 $261K Add +19.2%
SPOT Spotify Technology SA 0.04% 338 $259K Reduce -36.0%
VIRT Virtu Financial Inc. Class A 0.04% 5,778 $259K Add +581.4%
AXS Axis Capital Holdings Ltd. 0.04% 2,488 $258K New
EHC Encompass Health Corp. 0.04% 2,103 $258K New
SPGI S&P Global Inc. 0.04% 475 $250K New
BR Broadridge Financial Solutio 0.04% 1,026 $249K Add +13.0%
CVNA Carvana Co. 0.04% 737 $248K New
ALL Allstate Corp. 0.04% 1,227 $247K New
PG The Procter & Gamble Co. 0.04% 1,545 $246K Add +23.3%
MSCI MSCI Inc. 0.04% 426 $246K New
MSFT Microsoft Corp. 0.04% 484 $241K New
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.04% 7,374 $240K New
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.04% 2,203 $238K New
CAH Cardinal Health Inc. 0.04% 1,410 $237K Reduce -16.0%
LOW Lowe's Cos Inc. 0.04% 1,047 $232K Reduce -10.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.04% 770 $227K Reduce -15.7%
MSI Motorola Solutions Inc. 0.04% 526 $221K Add +18.2%
PGR Progressive Corp. 0.04% 811 $216K Add +21.0%
TMUS T-Mobile US Inc. 0.04% 903 $215K Reduce -91.6%
EQH Equitable Holdings Inc. 0.04% 3,697 $207K Reduce -28.1%
OKTA Okta Inc. 0.04% 2,072 $207K New
ED Consolidated Edison Inc. 0.03% 2,035 $204K Add +12.7%
CTAS Cintas Corp. 0.03% 912 $203K Reduce -55.2%
AIZ Assurant Inc. 0.03% 1,027 $203K Reduce -50.0%
FAST Fastenal Co. 0.03% 4,785 $201K Reduce -13.6%
ECL Ecolab Inc. 0.03% 740 $199K Reduce -14.8%
VEEV Veeva Systems Inc. Class A 0.03% 669 $193K New
IDA Idacorp Inc. 0.03% 1,644 $190K New
EMR Emerson Electric Co. 0.03% 1,420 $189K Reduce -14.3%
ACI Albertsons Cos Inc. Class A 0.03% 8,771 $189K New
AVY Avery Dennison Corp. 0.03% 1,063 $187K Add +12.5%
NUE Nucor Corp. 0.03% 1,421 $184K Reduce -13.6%
THG Hanover Insurance Group Inc./ 0.03% 1,081 $184K New
CINF Cincinnati Financial Corp. 0.03% 1,230 $183K Reduce -13.3%
PNR Pentair PLC 0.03% 1,762 $181K Reduce -14.2%
CAT Caterpillar Inc. 0.03% 460 $179K Reduce -13.2%
GD General Dynamics Corp. 0.03% 598 $174K New
SHW The Sherwin-Williams Co. 0.03% 507 $174K Reduce -15.6%
DOV Dover Corp. 0.03% 912 $167K Add +18140.0%
NDSN Nordson Corp. 0.03% 752 $161K New
BDX Becton Dickinson and Co. 0.03% 934 $161K Add +10.8%
VWO Vanguard Ftse Emerging Marke 0.03% 3,123 $154K Reduce -33.8%
VSS Vanguard Ftse All Wo X-US SC 0.03% 1,146 $154K Reduce -37.6%
EWH iShares MSCI Hong Kong ETF 0.03% 7,706 $153K Reduce -38.8%
WMT Walmart Inc. 0.03% 1,563 $153K Reduce -87.2%
VEU Vanguard Ftse All-World Ex-U 0.03% 2,262 $152K Reduce -36.9%
EPP iShares MSCI Pacific Ex Japa 0.03% 3,061 $151K Reduce -35.3%
EWJ iShares MSCI Japan ETF 0.03% 1,969 $148K New
NAGE Niagen Bioscience Inc. 0.02% 10,106 $146K New
COOP Mr Cooper Group Inc. 0.02% 883 $132K Add +91.1%
SNEX Stonex Group Inc. 0.02% 1,433 $131K Add +0.1%
EYE National Vision Holdings Inc. 0.02% 5,578 $128K New
ESQ Esquire Financial Holdings I 0.02% 1,338 $127K Add +99.7%
TGT Target Corp. 0.02% 1,253 $124K Reduce -13.2%
RDVT Red Violet Inc. 0.02% 2,467 $121K New
URBN Urban Outfitters Inc. 0.02% 1,608 $117K New
LINC Lincoln Educational Services 0.02% 4,948 $114K New
CHEF The Chefs' Warehouse Inc. 0.02% 1,787 $114K Reduce -8.0%
PLMR Palomar Holdings Inc. 0.02% 659 $102K Add +65.6%
D Dominion Energy Inc. 0.02% 1,608 $91K New
WAB Wabtec Corp. 0.02% 431 $90K Reduce -5.7%
TXNM TXNM Energy Inc. 0.02% 1,599 $90K Reduce -9.3%
PNW Pinnacle West Capital 0.02% 996 $89K Reduce -60.3%
EAT Brinker International Inc. 0.02% 493 $89K New
TPB Turning Point Brands Inc. 0.02% 1,171 $89K Reduce -10.5%
ACM Aecom 0.01% 781 $88K Reduce -4.9%
OTTR Otter Tail Corp. 0.01% 1,141 $88K Reduce -5.1%
GGG Graco Inc. 0.01% 1,006 $86K Reduce -4.8%
DCI Donaldson Co. Inc. 0.01% 1,210 $84K Reduce -4.7%
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC 0.01% 659 $84K Reduce -25.8%
GRND Grindr Inc. 0.01% 3,669 $83K New
UTI Universal Technical Institut 0.01% 2,444 $83K Reduce -25.1%
AME Ametek Inc. 0.01% 447 $81K Reduce -3.7%
PPG PPG Industries Inc. 0.01% 698 $79K Reduce -4.3%
HCI Hci Group Inc. 0.01% 518 $79K Add +250.0%
POR Portland General Electric Co. 0.01% 1,935 $79K Reduce -3.0%
HD Home Depot Inc. 0.01% 213 $78K Reduce -2.3%
LRN Stride Inc. 0.01% 536 $78K Reduce -17.2%
FELE Franklin Electric Co. Inc. 0.01% 861 $77K Reduce -4.3%
GOGO Gogo Inc. 0.01% 5,184 $76K New
IEF iShares 7-10 Year Treasury B 0.01% 758 $73K Reduce -99.6%
KTOS Kratos Defense & Security 0.01% 1,435 $67K New
WLDN Willdan Group Inc. 0.01% 1,032 $65K New
HCSG Healthcare Services Group 0.01% 3,989 $60K New
APEI American Public Education 0.01% 1,917 $58K New
GRPN Groupon Inc. 0.01% 1,698 $57K New
CORT Corcept Therapeutics Inc. 0.01% 767 $56K New
OSIS Osi Systems Inc. 0.01% 246 $55K New
CRMD Cormedix Inc. 0.01% 4,461 $55K New
CSGS CSG Systems Intl Inc. 0.01% 832 $54K Add +5.0%
TGTX TG Therapeutics Inc. 0.01% 1,497 $54K Add +4.3%
NWE Northwestern Energy Group Inc. 0.01% 1,038 $53K New
PSMT Pricesmart Inc. 0.01% 505 $53K New
HURN Huron Consulting Group Inc. 0.01% 373 $51K Reduce -53.1%
LEU Centrus Energy Corp. Class A 0.01% 191 $35K New
RPRX Royalty Pharma PLC Class A 0.01% 893 $32K New
HIMX Himax Technologies Inc.-ADR 0.01% 3,573 $32K New
JOYY Joyy Inc.-ADR 0.01% 621 $32K New
QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC 0.01% 722 $31K Reduce -2.4%
EZPW Ezcorp Inc. Class A 0.01% 2,231 $31K New
NTES Netease Inc.-ADR 0.01% 226 $30K New
TIGO Millicom Intl Cellular S.A. 0.01% 803 $30K New
NVR NVR Inc. 0.01% 4 $30K Add +33.3%
HTHT H World Group Ltd.-ADR 0.00% 834 $28K New
SPNT Siriuspoint Ltd. 0.00% 1,321 $27K New
DAN Dana Inc. 0.00% 1,570 $27K New
NIC Nicolet Bankshares Inc. 0.00% 217 $27K Add +26.9%
NTB Bank of N.T. Butterfield&son 0.00% 602 $27K New
OPCH Option Care Health Inc. 0.00% 806 $26K New
EVTC Evertec Inc. 0.00% 715 $26K New
LNN Lindsay Corp. 0.00% 177 $26K New
DCTH Delcath Systems Inc. 0.00% 1,828 $25K New
HRTG Heritage Insurance Holdings 0.00% 983 $25K New
AMAT Applied Materials Inc. 0.00% 84 $15K Reduce -36.8%
NKE Nike Inc. Class B 0.00% 208 $15K New
CI The Cigna Group 0.00% 42 $14K New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.00% 293 $14K Reduce -98.2%
GOOG Alphabet Inc. Class C 0.00% 78 $14K Reduce -36.1%
UNP Union Pacific Corp. 0.00% 59 $14K Reduce -28.9%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.00% 148 $13K Reduce -99.3%
EBAY eBay Inc. 0.00% 174 $13K Reduce -44.4%
VZ Verizon Communications Inc. 0.00% 299 $13K New
CL Colgate-Palmolive Co. 0.00% 140 $13K New
NOW ServiceNow Inc. 0.00% 12 $12K Reduce -98.4%
IWM iShares Russell 2000 ETF 0.00% 16 $3K Reduce -99.6%
OKE Oneok Inc. 0.00% 1 $41 Reduce -91.7%

Portfolio Sells Q1 2025 → Q2 2025
DIA SS SPDR Dow Jones Indus Avg Reduce -96.1% 0.85% −19.30
IVW iShares S&P 500 Growth ETF Reduce -56.4% 10.77% −9.40
SPY SS SPDR S&P 500 ETF Trust-US Reduce -51.1% 11.45% −9.05
IEF iShares 7-10 Year Treasury B Reduce -99.6% 0.01% −3.06
IVV iShares Core S&P 500 ETF Reduce -49.1% 3.27% −2.36
IJJ iShares S&P Mid-Cap 400 Valu Sold out 0.00% −0.73
IJS iShares S&P Small-Cap 600 Va Sold out 0.00% −0.72
TMUS T-Mobile US Inc. Reduce -91.6% 0.04% −0.44
FTNT Fortinet Inc. Sold out 0.00% −0.40
NFLX Netflix Inc. Sold out 0.00% −0.38
ISRG Intuitive Surgical Inc. Sold out 0.00% −0.37
META Meta Platforms Inc. Class A Sold out 0.00% −0.36
BNY Bank of New York Mellon Corp. Reduce -99.3% 0.00% −0.30
AAPL Apple Inc. Sold out 0.00% −0.27
BKR Baker Hughes Co. Sold out 0.00% −0.24
XEL Xcel Energy Inc. Sold out 0.00% −0.24
AXON Axon Enterprise Inc. Sold out 0.00% −0.24
HON Honeywell International Inc. Sold out 0.00% −0.23
ADSK Autodesk Inc. Sold out 0.00% −0.23
NDAQ Nasdaq Inc. Sold out 0.00% −0.22
AMZN Amazon.com Inc. Sold out 0.00% −0.22
DDOG Datadog Inc. Class A Sold out 0.00% −0.21
C Citigroup Inc. Sold out 0.00% −0.20
KMI Kinder Morgan Inc. Sold out 0.00% −0.20
WMB Williams Cos Inc. Sold out 0.00% −0.19
WTW Willis Towers Watson PLC Sold out 0.00% −0.19
GLW Corning Inc. Sold out 0.00% −0.18
CBRE CBRE Group Inc. Class A Sold out 0.00% −0.18
FISV Fiserv Inc. Sold out 0.00% −0.18
LYV Live Nation Entertainment Inc. Sold out 0.00% −0.18
STT State Street Corp. Sold out 0.00% −0.17
EXPE Expedia Group Inc. Sold out 0.00% −0.17
TDY Teledyne Technologies Inc. Sold out 0.00% −0.17
COF Capital One Financial Corp. Sold out 0.00% −0.16
WMT Walmart Inc. Reduce -87.2% 0.03% −0.15
CMI Cummins Inc. Sold out 0.00% −0.15
TRGP Targa Resources Corp. Sold out 0.00% −0.14
IWM iShares Russell 2000 ETF Reduce -99.6% 0.00% −0.14
REG Regency Centers Corp. Sold out 0.00% −0.13
MS Morgan Stanley Sold out 0.00% −0.12
INCY Incyte Corp. Sold out 0.00% −0.12
SPG Simon Property Group Inc. Sold out 0.00% −0.12
DFS Discover Financial Services Sold out 0.00% −0.12
RCL Royal Caribbean Cruises Ltd. Sold out 0.00% −0.11
MDT Medtronic PLC Sold out 0.00% −0.11
BAC Bank of America Corp. Reduce -98.2% 0.00% −0.11
ACN Accenture PLC Class A Sold out 0.00% −0.10
NOW ServiceNow Inc. Reduce -98.4% 0.00% −0.10
HPE Hewlett Packard Enterprise Sold out 0.00% −0.09
CIEN Ciena Corp. Sold out 0.00% −0.07

Portfolio Buys Q1 2025 → Q2 2025
EEM iShares MSCI Emerging Market New 11.58% +11.58
EFA iShares MSCI Eafe ETF Add +28554.2% 11.58% +11.54
QQQ Invesco QQQ Trust Series 1 Add +950.8% 10.79% +9.95
GSG iShares S&P Gsci Commodity I New 3.80% +3.80
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +348846.7% 1.44% +1.44
LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +12.9% 6.51% +0.98
SIXJ Allian US Equ 6 Mon BU10-Usd Add +215324.7% 0.95% +0.95
SIXO Allian US Equ 6 Mon BU10-Usd Add +214735.1% 0.93% +0.93
IYR iShares US Real Estate ETF Add +14895.3% 0.72% +0.71
IYZ iShares US Telecommunication New 0.62% +0.62
IYC iShares US Consumer Discreti New 0.61% +0.61
IYF iShares US Financials ETF New 0.61% +0.61
IYW iShares Ustechnology ETF New 0.60% +0.60
AEP American Electric Power New 0.52% +0.52
ARLU Allianzim US BF15 Uncap Apr Add +224815.6% 0.48% +0.48
JULU Allianzim US BF15 Uncap Jul Add +217687.2% 0.48% +0.48
JANU Allianzim US BF15 Uncap Jan Add +219016.3% 0.48% +0.48
OCTU Allianzim US BF15 Uncap Oct Add +216110.2% 0.47% +0.47
MNST Monster Beverage Corp. New 0.47% +0.47
VRSK Verisk Analytics Inc. Add +101.1% 0.50% +0.27
CVS CVS Health Corp. New 0.24% +0.24
EW Edwards Lifesciences Corp. New 0.23% +0.23
JCI Johnson Controls Internation Add +367.0% 0.25% +0.21
DUK Duke Energy Corp. New 0.21% +0.21
RTX RTX Corp. Add +142.7% 0.32% +0.21
BIL SS SPDR BB 1-3M T-Bill ETF Add +1.5% 3.95% +0.19
IEV iShares Europe ETF New 0.19% +0.19
WM Waste Management Inc. Add +361.6% 0.23% +0.18
EXC Exelon Corp. Add +78.1% 0.43% +0.18
ESGE iShares Inc. iShares ESG Awar New 0.17% +0.17
EBND State Street SPDR Bloomberg New 0.17% +0.17
EQT Eqt Corp. New 0.16% +0.16
EWC iShares MSCI Canada ETF New 0.16% +0.16
VTIP Vanguard Short-Term Tips New 0.16% +0.16
BSV Vanguard Short-Term Bond ETF New 0.16% +0.16
VYMI Vanguard Int High DVD YLD Inc. New 0.16% +0.16
IDEV iShares Core MSCI Dev MKTS New 0.16% +0.16
CMS CMS Energy Corp. New 0.16% +0.16
DTE DTE Energy Company New 0.16% +0.16
NRG NRG Energy Inc. New 0.15% +0.15
CNP Centerpoint Energy Inc. New 0.15% +0.15
SCHW Schwab (charles) Corp. New 0.15% +0.15
TRV The Travelers Cos Inc. New 0.15% +0.15
WRB WR Berkley Corp. New 0.14% +0.14
DE Deere & Co. New 0.14% +0.14
GILD Gilead Sciences Inc. Add +24.1% 0.57% +0.12
DGX Quest Diagnostics Inc. New 0.12% +0.12
SO The Southern Co. New 0.12% +0.12
ICE Intercontinental Exchange Inc. New 0.11% +0.11
MOS The Mosaic Co. New 0.11% +0.11

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