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UFF

USA Financial Formulas Portfolio holdings

AUM $531M
1-Year Est. Return 28.6%
This Fund
S&P 500
This Quarter Est. Return
+11.66%
1 Year Est. Return
+28.6%
3 Year Est. Return
+77.97%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$572M
AUM Growth
+$505M
Cap. Flow
+$466M
Cap. Flow %
81.59%
Top 10 Hldgs %
75.29%
Holding
570
New
76
Increased
157
Reduced
78
Closed
237

Top Buys

Rank Stock Value
1
IJK icon
iShares S&P Mid-Cap 400 Growth ETF
IJK
+$61.8M
2
IVW icon
iShares S&P 500 Growth ETF
IVW
+$60.9M
3
QQQ icon
Invesco QQQ Trust
QQQ
+$60.8M
4
IVE icon
iShares S&P 500 Value ETF
IVE
+$60.6M
5
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$60.4M

Top Sells

Rank Stock Value
1
REGN icon
Regeneron Pharmaceuticals
REGN
+$2.22M
2
BIIB icon
Biogen
BIIB
+$2.09M
3
GILD icon
Gilead Sciences
GILD
+$2.04M
4
ROST icon
Ross Stores
ROST
+$1.53M
5
MNST icon
Monster Beverage
MNST
+$1.53M

Sector Composition

Rank Sector Weight
1 Technology 7.26%
2 Industrials 3.12%
3 Communication Services 2.93%
4 Financials 2.5%
5 Consumer Discretionary 2.45%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AMP icon
351
Ameriprise Financial
AMP
$48.8B
– –
-2
Closed -$659
AMPH icon
352
Amphastar Pharmaceuticals
AMPH
$916M
– –
-9
Closed -$414
ANIP icon
353
ANI Pharmaceuticals
ANIP
$1.78B
– –
-49
Closed -$2.85K
APA icon
354
APA Corp
APA
$13.2B
– –
-22
Closed -$904
APD icon
355
Air Products & Chemicals
APD
$67.6B
– –
-2,661
Closed -$754K
ASC icon
356
Ardmore Shipping
ASC
$683M
– –
-4,216
Closed -$54.9K
ASML icon
357
ASML
ASML
$669B
– –
-1
Closed -$589
ATI icon
358
ATI
ATI
$31B
– –
-1,880
Closed -$77.4K
ATR icon
359
AptarGroup
ATR
$8.61B
– –
-831
Closed -$104K
AVY icon
360
Avery Dennison
AVY
$13.4B
– –
-3
Closed -$548
AXON
361
Axon Enterprise
AXON
$46.4B
– –
-837
Closed -$167K
BCO icon
362
Brink's
BCO
$4.62B
– –
-6
Closed -$436
BDC icon
363
Belden
BDC
$5.19B
– –
-914
Closed -$88.2K
BEN icon
364
Franklin Resources
BEN
$17.2B
– –
-56
Closed -$1.38K
BIDU icon
365
Baidu
BIDU
$37.2B
– –
-3
Closed -$403
BIP icon
366
Brookfield Infrastructure Partners
BIP
$18B
– –
-52
Closed -$1.53K
BLD
367
DELISTED
TopBuild
BLD
– –
-338
Closed -$85K
BLDR icon
368
Builders FirstSource
BLDR
$8.04B
– –
-17
Closed -$2.12K
BMI icon
369
Badger Meter
BMI
$4.03B
– –
-646
Closed -$92.9K
BMY icon
370
Bristol-Myers Squibb
BMY
$132B
– –
-21
Closed -$1.22K
BOX icon
371
Box
BOX
$4.6B
– –
-52
Closed -$1.26K
CAG icon
372
Conagra Brands
CAG
$7.23B
– –
-22,044
Closed -$604K
CARS icon
373
Cars.com
CARS
$660M
– –
-4,121
Closed -$69.5K
CBRE icon
374
CBRE Group
CBRE
$42.9B
– –
-5
Closed -$369
CBSH icon
375
Commerce Bancshares
CBSH
$8.5B
– –
-27
Closed -$1.1K
13 14
15
16 17

Similar funds

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
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
DA
Drake & Associates Waukesha, Wisconsin $525M AUM 14.04% 1-Year Est. Return
SRFM
Shannon River Fund Management New York $524M AUM 90.54% 1-Year Est. Return

USA Financial Formulas's Q4 2023 Portfolio in Review

As of Q4 2023, USA Financial Formulas held 570 positions worth $572M, up 754% from $66.9M the previous quarter. Its ten largest holdings account for 75% of the portfolio.

USA Financial Formulas deployed $466M of net new capital in Q4 2023, opening 76 new positions and adding to 157 existing holdings. Its largest new stake was iShares S&P 500 Growth ETF: 855,439 shares worth $64.2M.

By sector, the portfolio is most concentrated in Technology at 7.3% of assets, down from 17% a quarter earlier, followed by Industrials and Communication Services.

On the sell side, the largest reduction was Biogen, an estimated $2.09M trimmed.

  • USA Financial Formulas's largest Q4 2023 buy was iShares S&P 500 Growth ETF: 855,439 shares worth $64.2M.
  • USA Financial Formulas added most to iShares S&P Mid-Cap 400 Growth ETF in Q4 2023, an estimated $61.8M increase.
  • USA Financial Formulas's biggest Q4 2023 reduction was Biogen, cutting an estimated $2.09M.
  • USA Financial Formulas fully exited Regeneron Pharmaceuticals in Q4 2023, selling an estimated $2.22M.
  • USA Financial Formulas's ten largest holdings make up 75% of its $572M portfolio in Q4 2023.
  • USA Financial Formulas opened 76 new positions and closed 237 in Q4 2023.
  • USA Financial Formulas's portfolio value rose 754% quarter-over-quarter to $572M.

Based on USA Financial Formulas's 13F filing for Q4 2023, filed 7 Feb 2024.