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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
REG icon
501
Regency Centers
REG
$14.1B
– –
-12
Closed -$713
REGN icon
502
Regeneron Pharmaceuticals
REGN
$79.5B
– –
-2,695
Closed -$2.22M
REXR icon
503
Rexford Industrial Realty
REXR
$8.14B
– –
-5
Closed -$247
RF icon
504
Regions Financial
RF
$26.8B
– –
-21
Closed -$361
RGA icon
505
Reinsurance Group of America
RGA
$15.5B
– –
-539
Closed -$78.3K
RICK icon
506
RCI Hospitality Holdings
RICK
$201M
– –
-1,570
Closed -$95.2K
RJF icon
507
Raymond James Financial
RJF
$34.5B
– –
-13
Closed -$1.31K
RMBS icon
508
Rambus
RMBS
$10.6B
– –
-3,064
Closed -$171K
RNST icon
509
Renasant Corp
RNST
$3.96B
– –
-1,635
Closed -$42.8K
ROCK icon
510
Gibraltar Industries
ROCK
$1.51B
– –
-40
Closed -$2.7K
RS icon
511
Reliance Steel & Aluminium
RS
$21.3B
– –
-293
Closed -$76.8K
RVTY icon
512
Revvity
RVTY
$12.7B
– –
-4
Closed -$443
SAIC icon
513
Saic
SAIC
$5.25B
– –
-1,243
Closed -$131K
SCHW
514
Charles Schwab
SCHW
$187B
– –
-7
Closed -$384
HTO
515
H2O America
HTO
$2.59B
– –
-325
Closed -$19.5K
SLB icon
516
SLB Ltd
SLB
$76.5B
– –
-12,941
Closed -$754K
SLGN icon
517
Silgan Holdings
SLGN
$4.39B
– –
-3,567
Closed -$154K
SMCI icon
518
Super Micro Computer
SMCI
$19B
– –
-7,640
Closed -$210K
SNEX icon
519
StoneX
SNEX
$8.05B
– –
-4,025
Closed -$77.1K
SO icon
520
Southern Company
SO
$107B
– –
-23
Closed -$1.49K
SPB icon
521
Spectrum Brands
SPB
$2.03B
– –
-1,289
Closed -$101K
SPG icon
522
Simon Property Group
SPG
$71.9B
– –
-9
Closed -$972
STLD icon
523
Steel Dynamics
STLD
$37.5B
– –
-6,522
Closed -$699K
STNG icon
524
Scorpio Tankers
STNG
$3.83B
– –
-1,305
Closed -$70.6K
STRA icon
525
Strategic Education
STRA
$1.86B
– –
-970
Closed -$73K
19 20
21
22 23

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TM
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KI
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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
MKA
M. Kulyk & Associates Decatur, Georgia $536M AUM 18.28% 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.