Latest USA Financial Portformulas Corp Stock Portfolio
$643Million– No. of Holdings #256
USA Financial Portformulas Corp Performance:
2024 Q3: 2.6%YTD: 13.18%2023: 14.06%
Performance for 2024 Q3 is 2.6%, and YTD is 13.18%, and 2023 is 14.06%.
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 $643.1 Millions as of 30 Sep, 2024.
The top stock holdings of USA FINANCIAL FORMULAS are IJR, SPY, IJR. The fund has invested 12.7% of it's portfolio in ISHARES MSCI EAFE ETF and 12.6% of portfolio in SPDR S&P 500.
The fund managers got completely rid off MICRON TECHNOLOGY INC. (MU), QUALCOMM, INC. (QCOM) and DIAMONDBACK ENERGY INC (FANG) stocks. They significantly reduced their stock positions in STATE STREET GLOBAL ADVISORS - BNY SPDR S&P MIDCAP 400 ETF (MDY), INTUIT INC (INTU) and BLACKROCK INSTITUTIONAL TRUST COMPANY N.A. - BTC ISHARES S&P GSCI COMM (GSG). USA FINANCIAL FORMULAS opened new stock positions in BROADCOM INC (AVGO), PALO ALTO NETWORKS INC (PANW) and ELECTRONIC ARTS, INC. (EA). The fund showed a lot of confidence in some stocks as they added substantially to PAYPAL HOLDINGS INC (PYPL), NVIDIA CORP (NVDA) and HASBRO, INC. (HAS).
The top stock holdings of USA FINANCIAL FORMULAS are IJR, SPY, IJR. The fund has invested 12.7% of it's portfolio in ISHARES MSCI EAFE ETF and 12.6% of portfolio in SPDR S&P 500.
The fund managers got completely rid off MICRON TECHNOLOGY INC. (MU), QUALCOMM, INC. (QCOM) and DIAMONDBACK ENERGY INC (FANG) stocks. They significantly reduced their stock positions in STATE STREET GLOBAL ADVISORS - BNY SPDR S&P MIDCAP 400 ETF (MDY), INTUIT INC (INTU) and BLACKROCK INSTITUTIONAL TRUST COMPANY N.A. - BTC ISHARES S&P GSCI COMM (GSG). USA FINANCIAL FORMULAS opened new stock positions in BROADCOM INC (AVGO), PALO ALTO NETWORKS INC (PANW) and ELECTRONIC ARTS, INC. (EA). The fund showed a lot of confidence in some stocks as they added substantially to PAYPAL HOLDINGS INC (PYPL), NVIDIA CORP (NVDA) and HASBRO, INC. (HAS).
USA Financial Portformulas Corp Equity Portfolio Value
Last Reported on: 08 Oct, 2024
USA Financial Portformulas Corp Annual Return Estimates Vs S&P 500
Our best estimate is that USA FINANCIAL FORMULAS made a return of 2.6% in the last quarter. In trailing 12 months, it's portfolio return was 23.15%.
New Buys
| Ticker | $ Bought |
|---|---|
| broadcom inc | 2,919,910 |
| palo alto networks inc | 1,349,080 |
| electronic arts, inc. | 1,347,620 |
| coca-cola co | 1,346,440 |
| verisk analytics inc | 1,336,050 |
| amgen inc. | 1,331,050 |
| astrazeneca plc - adr | 1,289,720 |
| corning, inc. | 1,255,710 |
New stocks bought by USA Financial Portformulas Corp
Additions
| Ticker | % Inc. |
|---|---|
| paypal holdings inc | 98,000 |
| nvidia corp | 63,602 |
| hasbro, inc. | 36,079 |
| ishares msci eafe etf | 35,177 |
| apple inc | 24,100 |
| medtronic plc | 15,529 |
| servicenow inc | 3,250 |
| american electric power company inc. | 1,412 |
Additions to existing portfolio by USA Financial Portformulas Corp
Reductions
| Ticker | % Reduced |
|---|---|
| state street global advisors - bny spdr s&p midcap 400 etf | -99.96 |
| intuit inc | -98.86 |
| blackrock institutional trust company n.a. - btc ishares s&p gsci comm | -96.28 |
| cummins inc. | -93.01 |
| entergy corp. | -91.66 |
| microsoft corporation | -86.63 |
| hartford financial services group inc. | -83.75 |
| citigroup inc | -82.48 |
USA Financial Portformulas Corp reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| westrock co | -1,065,710 |
| copart, inc. | -1,042,200 |
| wells fargo & co. | -1,117,420 |
| micron technology inc. | -2,436,070 |
| american international group inc | -1,074,250 |
| qualcomm, inc. | -2,238,380 |
| diamondback energy inc | -2,218,300 |
| walgreens boots alliance inc | -129,139 |
USA Financial Portformulas Corp got rid off the above stocks
Sector Distribution
USA FINANCIAL FORMULAS has about 82.4% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 82.4 |
| Financial Services | 3.4 |
| Technology | 3.3 |
| Industrials | 3.1 |
| Communication Services | 1.6 |
| Consumer Defensive | 1.5 |
| Healthcare | 1.4 |
| Consumer Cyclical | 1.2 |
Market Cap. Distribution
USA FINANCIAL FORMULAS has about 16.4% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 82.4 |
| LARGE-CAP | 12.4 |
| MEGA-CAP | 4 |
| MID-CAP | 1.1 |
Stocks belong to which Index?
About 15.6% of the stocks held by USA FINANCIAL FORMULAS either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 83.9 |
| S&P 500 | 15.6 |
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 256 stocks in it's portfolio. About 80.4% of the portfolio is in top 10 stocks. CTAS proved to be the most loss making stock for the portfolio. SPY was the most profitable stock for USA FINANCIAL FORMULAS last quarter.
Last Reported on: 08 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| A | agilent technologies inc. | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AAPL | apple inc | 0.26 | 7,260 | 1,691,580 | added | 24,100 | ||
| AAXJ | ishares iboxx usd high yield corp bond etf | 1.66 | 133,048 | 10,683,800 | added | 2.27 | ||
| ABC | cencora inc. | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ABT | abbott laboratories | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ACES | osi etf trust - owshares u.s. quality dividend etf | 0.09 | 10,227 | 552,258 | added | 1.21 | ||
| ACES | osi etf trust - o`shares global internet giants etf | 0.04 | 6,745 | 281,941 | added | 1.23 | ||
| ACES | osi etf trust - oshares u.s. small-cap quality dividend etf | 0.04 | 6,249 | 281,642 | added | 1.3 | ||
| ACES | osi etf trust - oshares europe quality dividend etf | 0.04 | 8,287 | 264,234 | added | 1.22 | ||
| ACIW | aci worldwide inc | 0.02 | 2,242 | 114,118 | new | |||
| ACM | aecom | 0.01 | 790 | 81,583 | reduced | -14.22 | ||
| ACN | accenture plc - ordinary shares - class a | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ACWV | blackrock institutional trust company n.a. - btc ishares msci pacific | 0.03 | 4,483 | 218,950 | reduced | -13.14 | ||
| ADBE | adobe inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ADI | analog devices inc. | 0.23 | 6,377 | 1,467,790 | added | 48.1 | ||
| ADMA | adma biologics inc | 0.02 | 6,817 | 136,272 | added | 8.59 | ||
| AEP | american electric power company inc. | 0.22 | 13,805 | 1,416,390 | added | 1,412 | ||
| AFL | aflac inc. | 0.05 | 2,962 | 331,152 | reduced | -10.46 | ||
| AGR | avangrid inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AGS | playags inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||