We are live on ! Find out more
UFF

USA Financial Formulas Portfolio holdings

AUM $531M
1-Year Est. Return 28.6%
This Fund
S&P 500
This Quarter Est. Return
-15.75%
1 Year Est. Return
+28.6%
3 Year Est. Return
+77.97%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$402M
AUM Growth
+$6.86M
Cap. Flow
-$20.3M
Cap. Flow %
-5.06%
Top 10 Hldgs %
23.97%
Holding
446
New
176
Increased
44
Reduced
107
Closed
119

Top Buys

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$10.4M
2
COST icon
Costco
COST
+$8.5M
3
PFE icon
Pfizer
PFE
+$7.82M
4
NKE icon
Nike
NKE
+$7.56M
5
ROST icon
Ross Stores
ROST
+$7.11M

Top Sells

Rank Stock Value
1
CSCO icon
Cisco
CSCO
+$14.9M
2
INTC icon
Intel
INTC
+$13.3M
3
FISV
Fiserv Inc
FISV
+$9.29M
4
BA icon
Boeing
BA
+$8.92M
5
JBHT icon
JB Hunt Transport Services
JBHT
+$7.67M

Sector Composition

Rank Sector Weight
1 Healthcare 24.56%
2 Technology 17.99%
3 Consumer Discretionary 13.18%
4 Industrials 13.18%
5 Financials 9.74%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CDNS icon
326
Cadence Design Systems
CDNS
$92B
– –
-10,663
Closed -$462K
CME icon
327
CME Group
CME
$95.9B
– –
-16,012
Closed -$2.63M
CMTL icon
328
Comtech Telecommunications
CMTL
$50.3M
– –
-7,700
Closed -$245K
CNMD icon
329
CONMED
CNMD
$1.53B
– –
-5,207
Closed -$381K
CRSP icon
330
CRISPR Therapeutics
CRSP
$4.86B
– –
-5,921
Closed -$348K
CRUS icon
331
Cirrus Logic
CRUS
$6.38B
– –
-7,020
Closed -$269K
CSCO icon
332
Cisco
CSCO
$456B
– –
-345,285
Closed -$14.9M
CWB icon
333
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.64B
– –
-5,410
Closed -$287K
CZR icon
334
Caesars Entertainment
CZR
$6.06B
– –
-12,363
Closed -$483K
DG icon
335
Dollar General
DG
$28.3B
– –
-3,838
Closed -$378K
EBND icon
336
State Street SPDR Bloomberg Emerging Markets Local Bond ETF
EBND
$2.26B
$0 ﹤0.01%
+1
New +$26
EDIT icon
337
Editas Medicine
EDIT
$402M
– –
-10,675
Closed -$382K
EFA icon
338
iShares MSCI EAFE ETF
EFA
$78.3B
– –
-3,659
Closed -$245K
EL icon
339
Estee Lauder
EL
$30.9B
– –
-23,847
Closed -$3.4M
EMLC icon
340
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.77B
$0 ﹤0.01%
+22
New +$719
EMN icon
341
Eastman Chemical
EMN
$8.24B
– –
-31,621
Closed -$3.16M
EMR icon
342
Emerson Electric
EMR
$85.5B
– –
-7,295
Closed -$504K
ENTA icon
343
Enanta Pharmaceuticals
ENTA
$371M
– –
-5,579
Closed -$647K
ENVA icon
344
Enova International
ENVA
$6.51B
– –
-7,461
Closed -$273K
EPP icon
345
iShares MSCI Pacific ex Japan ETF
EPP
$2.22B
– –
-5,369
Closed -$247K
EVTC icon
346
Evertec
EVTC
$1.94B
– –
-18,001
Closed -$393K
EWH icon
347
iShares MSCI Hong Kong ETF
EWH
$1.23B
– –
-9,861
Closed -$239K
EWJ icon
348
iShares MSCI Japan ETF
EWJ
$22B
– –
-4,270
Closed -$247K
EXPD icon
349
Expeditors International
EXPD
$22B
– –
-11,182
Closed -$817K
EXPE icon
350
Expedia Group
EXPE
$36.2B
– –
-3,851
Closed -$463K
12 13
14
15 16

Similar funds

EPA
Element Pointe Advisors Miami, Florida $530M AUM 16.87% 1-Year Est. Return
TM
Taproot Management New York $530M AUM
KI
Kapitalo Investimentos Sao Paulo, Brazil $531M AUM 25.72% 1-Year Est. Return
PWS
Proactive Wealth Strategies Marietta, Georgia $532M AUM 21.29% 1-Year Est. Return
PIM
Paradice Investment Management Denver, Colorado $532M AUM 29.6% 1-Year Est. Return
SLC
Second Line Capital Metairie, Louisiana $528M AUM 16.68% 1-Year Est. Return
LSCM
Light Street Capital Management Palo Alto, California $534M AUM 59.08% 1-Year Est. Return
LIM
Lathrop Investment Management Little Rock, Arkansas $534M AUM 22.94% 1-Year Est. Return

USA Financial Formulas's Q4 2018 Portfolio in Review

As of Q4 2018, USA Financial Formulas held 446 positions worth $402M, up 1.7% from $395M the previous quarter. Its ten largest holdings account for 24% of the portfolio.

USA Financial Formulas withdrew a net $20.3M in Q4 2018, closing 119 positions and reducing 107 holdings. Its most notable exit was Cisco, an estimated $14.9M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 25% of assets, up from 8.9% a quarter earlier, followed by Technology and Consumer Discretionary.

Against the trend, USA Financial Formulas opened a new position in Apple worth $12.1M.

  • USA Financial Formulas's largest Q4 2018 buy was Apple: 214,016 shares worth $12.1M.
  • USA Financial Formulas added most to Intuitive Surgical in Q4 2018, an estimated $7M increase.
  • USA Financial Formulas's biggest Q4 2018 reduction was Intel, cutting an estimated $13.3M.
  • USA Financial Formulas fully exited Cisco in Q4 2018, selling an estimated $14.9M.
  • USA Financial Formulas's ten largest holdings make up 24% of its $402M portfolio in Q4 2018.
  • USA Financial Formulas opened 176 new positions and closed 119 in Q4 2018.
  • USA Financial Formulas's portfolio value rose 1.7% quarter-over-quarter to $402M.

Based on USA Financial Formulas's 13F filing for Q4 2018, filed 14 Feb 2019.