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Portfolio (Quarterly) Guide ↗

USA FINANCIAL FORMULAS

· CIK 0001633716
13F Portfolio $530.5B AUM 437 positions Filed Apr 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 114 New 71 Added 176 Reduced 91 Exited
Page 6 of 6  ·  114 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 NWN Northwest Natural Holding Co Utilities 221.0 $12K 0.00% NEW $53.22 -6.2%
102 NJR New Jersey Resources Corporation Utilities 212.0 $12K 0.00% NEW $54.92 +5.2%
103 MGEE MGE Energy, Inc. Utilities 147.0 $11K 0.00% NEW $77.29 -2.0%
104 PG Procter & Gamble Co. Consumer Defensive 61.0 $9K 0.00% NEW $144.44 -1.2%
105 HSY Hershey Company Consumer Defensive 32.0 $7K 0.00% NEW $207.88 -8.4%
106 MBB iShares MBS ETF 20.0 $2K NEW $94.95 -1.5%
107 TLT iSharesTR 17.0 $1K NEW $86.71 -3.5%
108 TIP iShares TIPS Bond ETF 12.0 $1K NEW $110.33 +0.3%
109 FLOT iShares Floating Rate Bond ETF 13.0 $662.0 NEW $50.92 +0.1%
110 NEU NewMarket Corp. Basic Materials 1.0 $641.0 NEW $641.00 +8.1%
111 Globus Medical Inc - Ordinary Shares - Class A 5.0 $431.0 NEW $86.20
112 ALV Autoliv Inc. Consumer Cyclical 4.0 $421.0 NEW $105.25 +9.1%
113 PEN Penumbra Inc Healthcare 1.0 $328.0 NEW $328.00 -1.5%
114 CLH Clean Harbors, Inc. Industrials 1.0 $287.0 NEW $287.00 +5.8%
Page 6 of 6  ·  114 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 33.4%
Technology 20.2%
Industrials 14.1%
Healthcare 7.8%
Energy 6.1%
Consumer Cyclical 5.0%
Basic Materials 4.0%
Utilities 3.7%
Communication Services 2.3%
Consumer Defensive 2.1%