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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 5 of 9  ·  176 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 MCK Mckesson Corporation Healthcare 119.0 $103K 0.02% -47.0 -28.3% $865.36 -12.4%
82 Cencora Inc. 324.0 $102K 0.02% -102.0 -23.9% $314.14
83 AVY Avery Dennison Corp. Industrials 575.0 $99K 0.02% -159.0 -21.7% $172.68 -9.3%
84 SYY Sysco Corp. Consumer Defensive 1,385.0 $99K 0.02% -126.0 -8.3% $71.33 +2.2%
85 MA Mastercard Incorporated - Ordinary Shares - Class A Financial Services 187.0 $93K 0.02% -394.0 -67.8% $499.66 -1.4%
86 AIZ Assurant Inc Financial Services 426.0 $93K 0.02% -125.0 -22.7% $217.81 +17.5%
87 TAP Molson Coors Beverage Company - Ordinary Shares - Class B Consumer Defensive 2,117.0 $91K 0.02% -293.0 -12.2% $43.06 -4.7%
88 CNP Centerpoint Energy Inc. Utilities 2,051.0 $89K 0.02% -6K -74.3% $43.16 -3.0%
89 WM Waste Management, Inc. Industrials 343.0 $79K 0.01% -920.0 -72.8% $229.79 -4.3%
90 TGT Target Corp Consumer Defensive 647.0 $78K 0.01% -99.0 -13.3% $121.20 -0.7%
91 WAB Westinghouse Air Brake Technologies Corp Industrials 308.0 $77K 0.01% -215.0 -41.1% $249.91 +4.8%
92 ES Eversource Energy Utilities 1,100.0 $76K 0.01% -732.0 -40.0% $69.28 -3.1%
93 FE Firstenergy Corp. Utilities 1,496.0 $76K 0.01% -19K -92.6% $50.66 -12.7%
94 ALNT Allient Inc Technology 1,282.0 $76K 0.01% -192.0 -13.0% $59.09 +4.3%
95 FAST Fastenal Co. Industrials 1,621.0 $75K 0.01% -1K -43.1% $46.40 -6.4%
96 Entergy Corp. 662.0 $74K 0.01% -1K -68.9% $112.36
97 WMT Walmart Inc Consumer Defensive 598.0 $74K 0.01% -296.0 -33.1% $124.28 +5.8%
98 IRMD Iradimed Corp Healthcare 769.0 $74K 0.01% -71.0 -8.4% $96.26 -9.7%
99 TTMI TTM Technologies Inc Technology 742.0 $72K 0.01% -439.0 -37.2% $97.42 +68.8%
100 OTTR Otter Tail Corporation Utilities 810.0 $71K 0.01% -566.0 -41.1% $87.77 +1.1%
Page 5 of 9  ·  176 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%