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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 12 of 22  ·  437 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
221 INVX Innovex International, Inc Energy 2,163.0 $53K 0.01% NEW $24.39 +14.8%
222 PRLB Proto Labs Inc Industrials 917.0 $52K 0.01% NEW $57.02 +26.3%
223 OIS Oil States International, Inc. Energy 4,338.0 $50K 0.01% NEW $11.64 -22.6%
224 NESR National Energy Services Reunited Corp Energy 2,253.0 $48K 0.01% +871.0 +63.0% $21.47 +18.6%
225 FN Fabrinet Technology 92.0 $48K 0.01% -15.0 -14.0% $521.52 +38.4%
226 MYRG MYR Group Inc Industrials 164.0 $46K 0.01% -182.0 -52.6% $282.32 +65.6%
227 FORM FormFactor Inc. Technology 472.0 $46K 0.01% NEW $96.99 +30.2%
228 DGII Digi International, Inc. Technology 946.0 $46K 0.01% +494.0 +109.3% $48.20 +28.6%
229 ECPG Encore Capital Group, Inc. Financial Services 649.0 $46K 0.01% NEW $70.12 +16.4%
230 KLIC Kulicke & Soffa Industries, Inc. Technology 673.0 $44K 0.01% NEW $65.72 +55.3%
231 KRYS Krystal Biotech Inc Healthcare 171.0 $44K 0.01% NEW $258.32 +18.6%
232 CLBK Columbia Financial, Inc Financial Services 2,486.0 $44K 0.01% NEW $17.51 +13.2%
233 POWL Powell Industries, Inc. Industrials 80.0 $43K 0.01% NEW $541.08 -45.9%
234 LGND Ligand Pharmaceuticals, Inc. - Ordinary Shares - Class B Healthcare 216.0 $43K 0.01% -11.0 -4.8% $199.65 +6.8%
235 VSEC VSE Corp. Industrials 195.0 $36K 0.01% -239.0 -55.1% $184.40 -8.0%
236 SITM SiTime Corp Technology 96.0 $33K 0.01% NEW $345.35 +124.1%
237 TSEM Tower Semiconductor Ltd. Technology 182.0 $32K 0.01% -49.0 -21.2% $175.48 +56.1%
238 CMC Commercial Metals Co. Basic Materials 496.0 $30K 0.01% +200.0 +67.6% $61.43 +14.1%
239 DAKT Daktronics Inc. Technology 1,421.0 $28K 0.01% +1K +3057.8% $19.55 -2.6%
240 NVR NVR Inc. Consumer Cyclical 4.0 $26K 0.01% -3.0 -42.9% $6589.75 -15.6%
Page 12 of 22  ·  437 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%