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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 7 of 22  ·  437 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 KEY Keycorp Financial Services 9,385.0 $188K 0.04% -2K -14.3% $20.05 +4.9%
122 EWZ BlackRock Institutional Trust Company N.A. - iShares MSCI Brazil ETF 4,839.0 $186K 0.04% NEW $38.39 -4.3%
123 BC Brunswick Corp. Consumer Cyclical 2,518.0 $183K 0.04% NEW $72.76 +5.1%
124 TUR BlackRock Institutional Trust Company N.A. - BTC iShares MSCI Turkey E 4,695.0 $181K 0.03% NEW $38.65 +4.8%
125 EWL iShares MSCI Switzerland ETF 3,075.0 $181K 0.03% +802.0 +35.3% $58.81 +5.2%
126 PNC PNC Financial Services Group Inc Financial Services 868.0 $181K 0.03% NEW $208.09 +2.3%
127 BMY Bristol-Myers Squibb Co. Healthcare 2,978.0 $181K 0.03% NEW $60.65 -5.5%
128 GS Goldman Sachs Group, Inc. Financial Services 211.0 $179K 0.03% -583.0 -73.4% $845.99 +12.1%
129 TFC Truist Financial Corporation Financial Services 3,841.0 $177K 0.03% NEW $45.97 +2.2%
130 ECH BlackRock Institutional Trust Company N.A. - iShares MSCI Chile ETF 4,428.0 $176K 0.03% NEW $39.76 +0.2%
131 GWW W.W. Grainger Inc. Industrials 161.0 $176K 0.03% -41.0 -20.3% $1090.81 +16.7%
132 ILMN Illumina Inc Healthcare 1,419.0 $175K 0.03% -341.0 -19.4% $123.26 +15.6%
133 VCIT Vanguard Intermediate-Term Corporate Bond ETF 2,103.0 $174K 0.03% NEW $82.75 -1.0%
134 MTZ Mastec Inc. Industrials 537.0 $173K 0.03% NEW $321.74 +29.0%
135 RBC RBC Bearings Inc. Industrials 318.0 $173K 0.03% NEW $543.12 +4.8%
136 EW Edwards Lifesciences Corp Healthcare 2,156.0 $173K 0.03% -8K -78.5% $80.08 +1.6%
137 EMB iShares J.P. Morgan USD Emerging Mkts Bond ETF 1,838.0 $173K 0.03% NEW $93.93 +0.7%
138 EIS BlackRock Institutional Trust Company N.A. - iShares MSCI Israel ETF 1,485.0 $172K 0.03% NEW $116.04 +11.4%
139 FITB Fifth Third Bancorp Financial Services 3,690.0 $171K 0.03% NEW $46.46 +1.9%
140 AngloGold Ashanti Plc. 1,736.0 $169K 0.03% -394.0 -18.5% $97.36
Page 7 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%