Latest Formidable Asset Management, LLC Stock Portfolio

$618Million– No. of Holdings #393

Formidable Asset Management, LLC Performance:

2024 Q2: -0.54%YTD: 1.32%2023: 16.05%

Performance for 2024 Q2 is -0.54%, and YTD is 1.32%, and 2023 is 16.05%.

About Formidable Asset Management, LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Formidable Asset Management, LLC reported an equity portfolio of $618.5 Millions as of 30 Jun, 2024.

The top stock holdings of Formidable Asset Management, LLC are PG, AAPL, ACVF. The fund has invested 7.9% of it's portfolio in PROCTER AND GAMBLE CO and 7.7% of portfolio in APPLE INC.

The fund managers got completely rid off PIONEER NAT RES CO (PXD), FIRST TR MLP & ENERGY INCOM and NORDSON CORP (NDSN) stocks. They significantly reduced their stock positions in SCHWAB CHARLES FAMILY FD, MCEWEN MNG INC (MUX) and CAMDEN PPTY TR (CPT). Formidable Asset Management, LLC opened new stock positions in T ROWE PRICE ETF INC (TAGG), FIRST TR EXCHNG TRADED FD VI (AFLG) and ISHARES TR (AAXJ). The fund showed a lot of confidence in some stocks as they added substantially to SCHWAB STRATEGIC TR (FNDA), VANGUARD TAX-MANAGED FDS (VEA) and DELL TECHNOLOGIES INC (DELL).

Formidable Asset Management, LLC Equity Portfolio Value

Last Reported on: 08 Aug, 2024

Formidable Asset Management, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Formidable Asset Management, LLC made a return of -0.54% in the last quarter. In trailing 12 months, it's portfolio return was 9.04%.

New Buys

Ticker	$ Bought
t rowe price etf inc	1,746,170
first tr exchng traded fd vi	1,216,290
ishares tr	1,175,150
j p morgan exchange traded f	1,148,290
vanguard index fds	866,444
vanguard index fds	844,366
schwab strategic tr	736,991
vanguard bd index fds	689,230

New stocks bought by Formidable Asset Management, LLC

Additions

Ticker	% Inc.
schwab strategic tr	467
vanguard tax-managed fds	389
dell technologies inc	384
vanguard intl equity index f	304
shopify inc	148
super micro computer inc	124
intercontinental exchange in	120
zoetis inc	111

Additions to existing portfolio by Formidable Asset Management, LLC

Reductions

Ticker	% Reduced
schwab charles family fd	-95.5
mcewen mng inc	-85.57
camden ppty tr	-77.39
schwab strategic tr	-65.74
united therapeutics corp del	-53.61
spdr ser tr	-47.66
nokia corp	-42.59
wells fargo co new	-41.77

Formidable Asset Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
first tr mlp & energy incom	-1,230,640
grayscale digital ord f	-583,512
grayscale ethereum tr eth com	-628,123
pioneer nat res co	-4,407,490
telefonaktiebolaget lm erics	-61,412
robert half inc	-829,982
genworth finl inc	-67,271
sprinklr inc	-127,093

Formidable Asset Management, LLC got rid off the above stocks

Sector Distribution

Formidable Asset Management, LLC has about 28.7% of it's holdings in Others sector.

Sector	%
Others	28.7
Technology	19.8
Consumer Defensive	11.6
Healthcare	8
Industrials	7.3
Financial Services	6.3
Consumer Cyclical	5.7
Communication Services	4.9
Energy	3.5
Utilities	2.2

Market Cap. Distribution

Formidable Asset Management, LLC has about 62.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	39.8
UNALLOCATED	28.7
LARGE-CAP	22.7
MID-CAP	4.5
SMALL-CAP	2.6
MICRO-CAP	1.6

Stocks belong to which Index?

About 63.5% of the stocks held by Formidable Asset Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	59.9
Others	36.5
RUSSELL 2000	3.6

Top 5 Winners (%)		%
NEM	newmont corp	29.6 %
UTHR	united therapeutics corp del	26.9 %
AAPL	apple inc	22.7 %
ARLP	alliance resource partners l	21.4 %
AVGO	broadcom inc	21.0 %

Top 5 Winners ($)		$
AAPL	apple inc	8.8 M
MSFT	microsoft corp	1.3 M
LLY	eli lilly & co	1.2 M
GOOG	alphabet inc	1.1 M
PG	procter and gamble co	0.8 M

Top 5 Losers (%)		%
DNA	ginkgo bioworks holdings inc	-69.4 %
BCAB	bioatla inc	-53.5 %
CTMX	cytomx therapeutics inc	-41.8 %
VKTX	viking therapeutics inc	-32.0 %
FLUX	flux pwr hldgs inc	-30.9 %

Top 5 Losers ($)		$
FLUX	flux pwr hldgs inc	-4.2 M
NVDA	nvidia corporation	-3.1 M
CHE	chemed corp new	-2.4 M
VKTX	viking therapeutics inc	-0.6 M
NKE	nike inc	-0.6 M

Formidable Asset Management, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Formidable Asset Management, LLC

Formidable Asset Management, LLC has 393 stocks in it's portfolio. About 36.2% of the portfolio is in top 10 stocks. FLUX proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Formidable Asset Management, LLC last quarter.

Last Reported on: 08 Aug, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	7.72	226,707	47,749,100	added	0.79

AAXJ	ishares tr	0.19	11,029	1,175,150	new

AAXJ	ishares tr	0.04	5,075	254,795	new

AB	alliancebernstein hldg l p	0.17	30,460	1,029,240	reduced	-3.64

ABBV	abbvie inc	0.31	11,087	1,901,660	added	2.54

ABNB	airbnb inc	0.09	3,822	579,530	added	2.88

ABT	abbott labs	0.18	10,491	1,090,120	added	2.15

ACES	alps etf tr	0.03	4,435	212,791	new

ACIO	etf ser solutions	0.12	16,983	742,836	reduced	-3.81

ACLS	axcelis technologies	0.00	0.00	0.00	sold off	-100

ACN	accenture plc ireland	0.40	8,160	2,475,830	added	2.4

ACTG	acacia resh corp	0.97	1,192,180	5,972,810	reduced	-23.4

ACVF	etf opportunities trust	3.53	814,313	21,849,700	reduced	-12.48

ACVF	etf opportunities trust	3.45	980,298	21,309,500	reduced	-12.63

ACWF	ishares tr	0.06	6,685	385,123	reduced	-13.69

ACWF	ishares tr	0.00	0.00	0.00	sold off	-100

ACWV	ishares inc	0.05	3,004	314,339	new

ADBE	adobe inc	0.54	5,997	3,320,460	added	32.06

ADM	archer daniels midland co	0.25	25,211	1,524,010	reduced	-14.19

ADP	automatic data processing in	0.20	5,312	1,267,920	added	12.66