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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 22  ·  437 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 XLB Materials Select Sector SPDR 4,572.0 $228K 0.04% -1K -22.6% $49.97 +0.5%
102 XLF Financial Select Sector SPDR 4,501.0 $222K 0.04% -447.0 -9.0% $49.37 +4.8%
103 XLP Consumer Staples Select Sector SPDR 2,692.0 $221K 0.04% NEW $81.98 +4.8%
104 AKAM Akamai Technologies Inc Technology 1,918.0 $220K 0.04% NEW $114.85 +31.3%
105 XLK Technology Select Sector SPDR 1,639.0 $218K 0.04% -145.0 -8.1% $132.90 +31.2%
106 VNQ Vanguard Real Estate Index Fund ETF 2,450.0 $217K 0.04% -406.0 -14.2% $88.70 +7.1%
107 AA Alcoa Corp Basic Materials 3,233.0 $214K 0.04% NEW $66.33 -5.6%
108 XLI Industrial Select Sector SPDR 1,321.0 $214K 0.04% -369.0 -21.8% $161.73 +5.6%
109 MKSI MKS Instruments, Inc. Technology 922.0 $212K 0.04% +758.0 +462.2% $229.81 +31.9%
110 TechnipFMC plc 3,043.0 $210K 0.04% -245.0 -7.5% $69.13
111 USHY iShares Broad USD High Yield Corporate Bond ETF 5,652.0 $208K 0.04% NEW $36.84 -0.1%
112 XLY Consumer Discretionary Select Sector SPDR 1,891.0 $206K 0.04% -326.0 -14.7% $108.98 +6.7%
113 XLV Health Care Select Sector SPDR 1,398.0 $205K 0.04% -360.0 -20.5% $146.61 -0.6%
114 VOX Vanguard Communication Services ETF 1,124.0 $202K 0.04% -284.0 -20.2% $179.84 +9.6%
115 JHG Janus Henderson Group plc Financial Services 3,915.0 $201K 0.04% NEW $51.37 +0.7%
116 MCHI BlackRock Institutional Trust Company N.A. - BTC iShares MSCI China ET 3,573.0 $201K 0.04% -552.0 -13.4% $56.18 +0.3%
117 WWD Woodward Inc Industrials 531.0 $190K 0.04% -129.0 -19.6% $357.92 -2.4%
118 CRUS Cirrus Logic, Inc. Technology 1,312.0 $190K 0.04% +1K +10000.0% $144.62 +10.4%
119 TKR Timken Co. Industrials 1,875.0 $189K 0.04% NEW $100.57 +13.8%
120 LITE Lumentum Holdings Inc Technology 268.0 $188K 0.04% -352.0 -56.8% $702.76 +38.1%
Page 6 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%