USA FINANCIAL FORMULAS

Q4 2025 13F-HR Holdings

Location
Ada, MI
Holdings as of
12/31/2025
Date filed
1/14/2026
Form type
13F-HR
Num holdings
414
Total value ($000)
$549,629
Net value change ($000)
-17,951 (-3.2%)
New positions
227
Sold out positions
70
Turnover %
10.3%
Sector allocation + QoQ delta (equities-only)
Prev filing: 10/10/2025 Next filing: 4/14/2026 SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
LQD 6,182 31.6%
IYH 2,546 NEW
MU 2,117 NEW
IVV 1,905 2.4%
GOOGL 1,891 NEW
LRCX 1,804 NEW
AEP 1,600 1523.8%
GOOGL 1,584 NEW
AMD 1,529 NEW
AVGO 1,409 NEW
Top Reduces (Value $000, Stocks/ETFs)
GSG -7,770 -95.5%
IYF -2,898 -100.0%
WBD -2,767 -99.3%
EEM -2,233 -3.3%
EA -1,956 -100.0%
INTU -1,663 -99.3%
CSGP -1,573 -99.4%
CSCO -1,539 -58.8%
IVW -1,464 -2.2%
ETR -1,158 -85.5%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type