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Asset Manager ← All Institutions

USA FINANCIAL FORMULAS

6020 EAST FULTON STREET, ADA, MI 49301 • 888-407-8198

Q4 2025 · Filed 2026-01-14
Market Value
$539M
-3.1%
Holdings
473
+139
New Purchases
224
Added To
38
Closed
69
Reduced
142
Top 10 Concentration
82.7%
Turnover
61.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
LQD 4.77% 3.51% +1.26% $26M
IVV 15.09% 14.28% +0.80% $81M
IYH 0.47% 0.00% +0.47% $3M
MU 0.39% 0.00% +0.39% $2M
QQQ 12.10% 11.73% +0.36% $65M
GOOG 0.35% 0.00% +0.35% $2M
EFA 11.94% 11.60% +0.34% $64M
LRCX 0.33% 0.00% +0.33% $2M
SPY 11.96% 11.63% +0.33% $65M
AEP 0.32% 0.02% +0.30% $2M
GOOGL 0.29% 0.00% +0.29% $2M
AMD 0.28% 0.00% +0.28% $2M
AVGO 0.26% 0.00% +0.26% $1M
XEL 0.29% 0.05% +0.24% $2M
GILD 0.21% 0.00% +0.20% $1M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GSG 0.07% 1.46% -1.39% $367K
IYF 0.00% 0.52% -0.52% $0
WBD 0.00% 0.50% -0.50% $19K
EA 0.00% 0.35% -0.35% $0
INTU 0.00% 0.30% -0.30% $11K
CSGP 0.00% 0.28% -0.28% $10K
CSCO 0.20% 0.47% -0.27% $1M
ETR 0.04% 0.24% -0.21% $197K
NDAQ 0.00% 0.17% -0.17% $0
IDXX 0.26% 0.43% -0.17% $1M
ESGE 0.00% 0.16% -0.16% $4K
ATO 0.00% 0.16% -0.16% $838
BK 0.16% 0.32% -0.16% $871K
PPA 0.00% 0.16% -0.15% $4K
VEU 0.03% 0.18% -0.15% $141K

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 89.0%
Technology 3.3%
Industrials 2.3%
Healthcare 1.3%
Energy 1.0%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 43 $232M 43.1%
Large Cap 248 $283M 52.5%
Mid Cap 124 $6M 1.2%
Small Cap 50 $8M 1.5%
Micro Cap 8 $9M 1.7%

Portfolio Analytics

Avg Market Cap
$124.3B
Median Market Cap
$18.0B
Avg P/E
34.3
Median P/E
24.6
Avg Dividend Yield
0.01%
Avg Beta
1.01
# Stocks
407
# ETFs / Funds
66

Top Holdings (473 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 IVV 15.09% 118,799 $81M $684.94 $2M +71 +0.1%
2 EEM 12.13% 1,195,549 $65M $54.71 -$2M -71,139 -5.6%
3 QQQ 12.10% 106,196 $65M $614.31 -$33K -2,521 -2.3%
4 IVW 11.98% 524,309 $65M $123.26 -$1M -23,153 -4.2%
5 SPY 11.96% 94,596 $65M $681.92 -$219K -2,564 -2.6%
6 EFA 11.94% 670,448 $64M $96.03 -$154K -20,754 -3.0%
7 LQD 4.77% 233,460 $26M $110.19 $6M +58,136 +33.2%
8 HYG 1.21% 81,181 $7M $80.63 -$699K -8,044 -9.0%
9 SIXJ 0.77% 121,073 $4M $34.28 -$660K -23,196 -16.1%
10 SIXO 0.75% 116,963 $4M $34.73 -$604K -20,670 -15.0%
11 IYZ 0.51% 80,884 $3M $33.90 -$235K -11,407 -12.4%
12 IYW 0.49% 13,126 $3M $199.68 -$356K -2,075 -13.7%
13 IYH 0.47% 39,109 $3M $65.10 +39,109 NEW
14 IDU 0.47% 23,319 $3M $108.36 -$336K -2,496 -9.7%
15 MU 0.39% 7,417 $2M $285.41 +7,417 NEW
16 GOOG 0.35% 6,026 $2M $313.80 +6,026 NEW
17 MNST 0.34% 24,169 $2M $76.67 $50K -2,625 -9.8%
18 LRCX 0.33% 10,539 $2M $171.18 +10,539 NEW
19 AEP 0.32% 14,788 $2M $115.31 $2M +13,853 +1481.6%
20 GOOGL 0.29% 5,060 $2M $313.00 +5,060 NEW
21 XEL 0.29% 21,435 $2M $73.86 $1M +17,810 +491.3%
22 AMD 0.28% 7,138 $2M $214.16 +7,138 NEW
23 AVGO 0.26% 4,072 $1M $346.10 +4,072 NEW
24 IDXX 0.26% 2,077 $1M $676.53 -$976K -1,650 -44.3%
25 GILD 0.21% 9,045 $1M $122.74 $1M +8,985 +14975.0%
26 CSCO 0.20% 13,989 $1M $77.03 -$2M -24,265 -63.4%
27 RTX 0.19% 5,686 $1M $183.40 -$783K -5,226 -47.9%
28 CSX 0.18% 26,373 $956K $36.25 $762K +20,910 +382.8%
29 JNJ 0.17% 4,476 $926K $206.95 $47K -265 -5.6%
30 ADI 0.17% 3,358 $911K $271.20 +3,358 NEW
31 FE 0.17% 20,246 $906K $44.77 +20,246 NEW
32 JCI 0.17% 7,508 $899K $119.75 -$322K -3,601 -32.4%
33 EXC 0.16% 20,184 $880K $43.59 $873K +20,031 +13092.2%
34 BK 0.16% 7,501 $871K $116.09 -$892K -8,678 -53.6%
35 EW 0.16% 10,014 $854K $85.25 -$348K -5,435 -35.2%
36 KEYS 0.15% 4,097 $832K $203.19 +4,097 NEW
37 BKR 0.15% 18,234 $830K $45.54 +18,234 NEW
38 C 0.15% 6,956 $812K $116.69 -$469K -5,660 -44.9%
39 GM 0.15% 9,747 $793K $81.32 +9,747 NEW
40 MPC 0.15% 4,862 $791K $162.63 +4,862 NEW
41 GD 0.14% 2,299 $774K $336.66 $612K +1,825 +385.0%
42 NEM 0.14% 7,677 $767K $99.85 -$129K -2,951 -27.8%
43 DDOG 0.14% 5,627 $765K $135.99 +5,627 NEW
44 CAT 0.14% 1,328 $761K $572.87 $576K +941 +243.2%
45 WDC 0.14% 4,273 $736K $172.27 -$375K -4,982 -53.8%
46 OUSA 0.13% 12,493 $721K $57.70 $36K +388 +3.2%
47 JPM 0.13% 2,226 $717K $322.22 -$499K -1,631 -42.3%
48 GS 0.13% 794 $698K $879.00 -$316K -479 -37.6%
49 GE 0.13% 2,253 $694K $308.03 +2,253 NEW
50 ULTA 0.13% 1,144 $692K $605.01 -$55K -222 -16.2%
51 OEF 0.13% 2,007 $688K $342.97 -$35K -166 -7.6%
52 IWM 0.13% 2,791 $687K $246.16 -$38K -206 -6.9%
53 VOO 0.13% 1,088 $682K $627.13 +1,088 NEW
54 CHRW 0.13% 4,243 $682K $160.76 -$112K -1,751 -29.2%
55 DIA 0.13% 1,419 $682K $480.57 -$14K -82 -5.5%
56 IWV 0.13% 1,759 $680K $386.85 -$31K -118 -6.3%
57 VTI 0.13% 2,029 $680K $335.27 -$28K -129 -6.0%
58 IWB 0.13% 1,821 $680K $373.44 -$29K -118 -6.1%
59 FSLR 0.12% 2,573 $672K $261.23 +2,573 NEW
60 GLW 0.12% 7,669 $671K $87.56 -$337K -4,630 -37.6%
61 APH 0.12% 4,919 $665K $135.14 -$256K -2,523 -33.9%
62 SRE 0.12% 7,511 $663K $88.29 +7,511 NEW
63 HWM 0.12% 3,163 $648K $205.02 -$242K -1,374 -30.3%
64 LDOS 0.12% 3,588 $647K $180.40 +3,588 NEW
65 EVRG 0.12% 8,900 $645K $72.49 -$202K -2,239 -20.1%
66 WELL 0.12% 3,366 $625K $185.61 +3,366 NEW
67 PWR 0.11% 1,441 $608K $422.06 +1,441 NEW
68 IUSV 0.11% 5,672 $582K $102.54 +5,672 NEW
69 VUG 0.11% 1,190 $581K $487.86 +1,190 NEW
70 IVZ 0.10% 20,665 $543K $26.27 +20,665 NEW
71 SCHW 0.10% 5,290 $529K $99.91 -$53K -806 -13.2%
72 LHX 0.10% 1,789 $525K $293.57 -$87K -214 -10.7%
73 MS 0.10% 2,956 $525K $177.53 -$79K -841 -22.1%
74 TER 0.10% 2,670 $517K $193.56 +2,670 NEW
75 INCY 0.10% 5,201 $514K $98.77 +5,201 NEW
76 EWJ 0.09% 6,267 $506K $80.74 $372K +4,597 +275.3%
77 TEL 0.09% 2,144 $488K $227.51 -$118K -616 -22.3%
78 ROK 0.09% 1,253 $488K $389.07 -$70K -341 -21.4%
79 IEMG 0.09% 7,232 $486K $67.22 +7,232 NEW
80 NEE 0.09% 5,990 $481K $80.28 +5,990 NEW
81 LVS 0.09% 7,331 $477K $65.09 +7,331 NEW
82 VLO 0.08% 2,815 $458K $162.79 +2,815 NEW
83 CIEN 0.08% 1,861 $435K $233.87 -$220K -2,636 -58.6%
84 RSG 0.08% 1,978 $419K $211.93 -$145K -481 -19.6%
85 GSG 0.07% 15,897 $367K $23.06 -$8M -338,351 -95.5%
86 HPE 0.06% 14,460 $347K $24.02 +14,460 NEW
87 OUSM 0.06% 7,815 $342K $43.74 $2K +237 +3.1%
88 OEFA 0.06% 10,120 $338K $33.39 $4K +14 +0.1%
89 OGIG 0.06% 6,404 $337K $52.57 -$20K +196 +3.2%
90 MA 0.06% 581 $332K $570.88 -$126K -224 -27.8%
91 BAC 0.06% 6,026 $331K $55.00 -$126K -2,836 -32.0%
92 LEA 0.06% 2,831 $324K $114.60 +2,831 NEW
93 HAS 0.06% 3,813 $313K $82.00 +3,813 NEW
94 EWU 0.06% 7,079 $311K $43.98 +7,079 NEW
95 CNP 0.06% 7,982 $306K $38.34 -$705K -18,087 -69.4%
96 OGE 0.06% 7,112 $304K $42.70 $203K +4,946 +228.3%
97 MDT 0.05% 2,997 $288K $96.06 +2,997 NEW
98 WM 0.05% 1,263 $277K $219.71 -$26K -111 -8.1%
99 D 0.05% 4,710 $276K $58.59 $178K +3,106 +193.6%
100 VOX 0.05% 1,408 $273K $193.63 -$29K -197 -12.3%

New Positions

SymbolValue% Port
IYH $3M 0.47%
MU $2M 0.39%
GOOG $2M 0.35%
LRCX $2M 0.33%
GOOGL $2M 0.29%
AMD $2M 0.28%
AVGO $1M 0.26%
ADI $911K 0.17%
FE $906K 0.17%
KEYS $832K 0.15%
BKR $830K 0.15%
GM $793K 0.15%
MPC $791K 0.15%
DDOG $765K 0.14%
GE $694K 0.13%

Sold Out Positions

SymbolValue% Port
NFG —%
RSI —%
LYV —%
ALL —%
TPB —%
POR —%
CL —%
LEU —%
AWI —%
VZ —%
OPLN —%
MSCI —%
STT —%
CBRE —%
TSN —%
View SEC EDGAR Filings for USA FINANCIAL FORMULAS →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms