Latest USA Financial Portformulas Corp Stock Portfolio

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).

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

Top 5 Winners (%)		%
ADMA	adma biologics inc	72.6 %
CRS	carpenter technology corp.	42.0 %
PI	impinj inc	35.4 %
HWKN	hawkins inc	30.0 %
SHW	sherwin-williams co.	27.2 %

Top 5 Winners ($)		$
SPY	spdr s&p 500	4.2 M
IJR	ishares s&p mid-cap 400 growth etf	3.2 M
IJR	ishares s&p 500 growth etf	2.9 M
IJR	ishares iboxx usd inv grade corp bond etf	2.2 M
IJR	ishares core s&p 500	2.0 M

Top 5 Losers (%)		%
TTEK	tetra tech, inc.	-77.5 %
CTAS	cintas corporation	-72.3 %
WRB	w.r. berkley corp.	-21.0 %
ALLY	ally financial inc	-12.5 %
OTTR	otter tail corporation	-9.2 %

Top 5 Losers ($)		$
CTAS	cintas corporation	-7.3 M
GOOG	alphabet inc - ordinary shares - class c	-0.2 M
GOOG	alphabet inc - ordinary shares - class a	-0.2 M
TTEK	tetra tech, inc.	-0.1 M
MSFT	microsoft corporation	-0.1 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 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
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