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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 19 of 22  ·  437 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
361 HYG iShares iBoxx USD High Yield Corp Bond ETF 9.0 $716.0 -81K -100.0% $79.56 +0.0%
362 YOU Clear Secure Inc - Ordinary Shares Class A Technology 14.0 $678.0 $48.43 +21.0%
363 STE Steris Plc Healthcare 3.0 $663.0 $221.00 -3.7%
364 FLOT iShares Floating Rate Bond ETF 13.0 $662.0 NEW $50.92 +0.1%
365 ABBV Abbvie Inc Healthcare 3.0 $652.0 $217.33 -3.7%
366 ORLY O`Reilly Automotive, Inc. Consumer Cyclical 7.0 $646.0 $92.29 -3.7%
367 NEU NewMarket Corp. Basic Materials 1.0 $641.0 NEW $641.00 +7.5%
368 AMZN Amazon.com Inc. Consumer Cyclical 3.0 $625.0 $208.33 +26.7%
369 Aptiv PLC 9.0 $625.0 $69.44
370 YUM Yum Brands Inc. Consumer Cyclical 4.0 $622.0 $155.50 -3.0%
371 TDY Teledyne Technologies Inc Technology 1.0 $605.0 $605.00 +1.8%
372 EXEL Exelixis Inc Healthcare 14.0 $600.0 $42.86 +16.6%
373 UTHR United Therapeutics Corp Healthcare 1.0 $593.0 $593.00 -4.7%
374 CARG CarGurus Inc - Ordinary Shares - Class A Consumer Cyclical 17.0 $579.0 $34.06 -15.3%
375 NFLX Netflix Inc. Communication Services 6.0 $577.0 $96.17 -9.1%
376 MTDR Matador Resources Co Energy 9.0 $569.0 -2.0 -18.2% $63.22 -5.9%
377 LNG Cheniere Energy Inc. Energy 2.0 $568.0 -23.0 -92.0% $284.00 -14.8%
378 ACLS Axcelis Technologies Inc Technology 6.0 $558.0 $93.00 +61.3%
379 TDC Teradata Corp Technology 21.0 $538.0 $25.62 +31.4%
380 CI Cigna Group (The) Healthcare 2.0 $534.0 $267.00 +6.8%
Page 19 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%