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Latest USA Financial Portformulas Corp Stock Portfolio

$616Million– No. of Holdings #300

USA Financial Portformulas Corp Performance:
2024 Q1: 7.4%YTD: 7.4%2023: 10.25%

Performance for 2024 Q1 is 7.4%, and YTD is 7.4%, and 2023 is 10.25%.

About USA Financial Portformulas Corp and 13F Hedge Fund Stock Holdings

USA FINANCIAL FORMULAS is a hedge fund based in ADA, MI. On 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $544.4 Millions. In it's latest 13F Holdings report, USA FINANCIAL FORMULAS reported an equity portfolio of $616.8 Millions as of 31 Mar, 2024.

The top stock holdings of USA FINANCIAL FORMULAS are AGG, QQQ, SPY. The fund has invested 12.4% of it's portfolio in ISHARES S&P 500 GROWTH ETF and 12.1% of portfolio in INVESCO QQQ TRUST ETF.

The fund managers got completely rid off ISHARES TR (AGG), BROADCOM INC (AVGO) and VERISK ANALYTICS INC (VRSK) stocks. They significantly reduced their stock positions in EXPEDITORS INTERNATIONAL OF WASHINGTON, INC (EXPD), PEPSICO INC (PEP) and PPG INDUSTRIES, INC (PPG). USA FINANCIAL FORMULAS opened new stock positions in PACCAR INC (PCAR), CDW CORP (CDW) and COSTCO WHOLESALE CORP (COST). The fund showed a lot of confidence in some stocks as they added substantially to QUALCOMM, INC (QCOM), TRANE TECHNOLOGIES PLC - ORDINARY SHARES - CLASS A (TT) and FIFTH THIRD BANCORP (FITB).
USA Financial Portformulas Corp Equity Portfolio Value
Last Reported on: 30 Apr, 2024

USA Financial Portformulas Corp Annual Return Estimates Vs S&P 500

Our best estimate is that USA FINANCIAL FORMULAS made a return of 7.4% in the last quarter. In trailing 12 months, it's portfolio return was 18.26%.

New Buys

Ticker$ Bought
paccar inc2,426,140
cdw corp2,225,030
costco wholesale corp1,899,710
wr berkley corp1,491,010
allstate corp (the)1,397,580
bank of new york mellon corp1,388,580
textron inc1,378,420
leidos holdings inc1,296,220

New stocks bought by USA Financial Portformulas Corp

Additions to existing portfolio by USA Financial Portformulas Corp

Reductions

Ticker% Reduced
expeditors international of washington, inc-99.62
pepsico inc-99.59
ppg industries, inc-99.58
american electric power company inc-98.69
cummins inc-97.11
rtx corp-96.43
blackrock institutional trust company na - btc ishares s&p gsci comm-96.04
equinix inc-92.34

USA Financial Portformulas Corp reduced stake in above stock

Sold off

Ticker$ Sold
ishares tr-66,695,600
baker hughes company-1,228,330
comcast corp new-1,239,550
mgic invt corp wis-371,043
brown & brown inc-1,137,760
akamai technologies inc-1,714,060
iron mtn inc del-993,086
netapp inc-1,237,240

USA Financial Portformulas Corp got rid off the above stocks

Sector Distribution

USA FINANCIAL FORMULAS has about 80.5% of it's holdings in Others sector.

Sector%
Others80.5
Technology5.2
Industrials4.1
Financial Services3
Consumer Cyclical1.8
Communication Services1.8
Healthcare1.7

Market Cap. Distribution

USA FINANCIAL FORMULAS has about 18.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category%
UNALLOCATED80.3
LARGE-CAP14.4
MEGA-CAP4
MID-CAP1.1

Stocks belong to which Index?

About 0% of the stocks held by USA FINANCIAL FORMULAS either belong to S&P 500 or RUSSELL 2000 index.

Index%
Others100
Top 5 Winners (%)%
VST
vistra corp
60.9 %
NVDA
nvidia corp
58.9 %
VRT
vertiv holdings co - ordinary shares - class a
56.1 %
EME
emcor group, inc
38.9 %
XPO
xpo inc
38.9 %
Top 5 Winners ($)$
AGG
ishares s&p 500 growth etf
8.0 M
SPY
spdr s&p 500
6.6 M
QQQ
invesco qqq trust etf
5.6 M
AGG
ishares s&p 500 value etf
4.9 M
AGG
ishares core s&p 500
3.7 M
Top 5 Losers (%)%
TBBK
bancorp inc (the)
-21.6 %
LULU
lululemon athletica inc
-18.4 %
BIIB
biogen inc
-14.1 %
ADBE
adobe inc
-10.0 %
NKE
nike, inc - ordinary shares - class b
-7.9 %
Top 5 Losers ($)$
AGG
ishares iboxx usd inv grade corp bond etf
-0.5 M
LULU
lululemon athletica inc
-0.3 M
ADBE
adobe inc
-0.3 M
GL
globe life inc
-0.1 M
KDP
keurig dr pepper inc
0.0 M

USA Financial Portformulas Corp Holdings Map

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

Current Stock Holdings of USA Financial Portformulas Corp

USA FINANCIAL FORMULAS has 300 stocks in it's portfolio. About 77.4% of the portfolio is in top 10 stocks. AGG proved to be the most loss making stock for the portfolio. AGG was the most profitable stock for USA FINANCIAL FORMULAS last quarter.

Last Reported on: 30 Apr, 2024
TickerNamesorted ascending% PortfolioShares Held$ ValueType% ChangeOptions