THEORY FINANCIAL LLC

Q3 2025 13F-HR Holdings

Location
Fort Collins, CO
Holdings as of
9/30/2025
Date filed
10/29/2025
Form type
13F-HR
Num holdings
90
Total value ($000)
$283,680
Net value change ($000)
+20,100 (7.6%)
New positions
9
Sold out positions
3
Turnover %
3.6%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/11/2025 Next filing: 2/10/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 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)
GRNY 3,103 70.0%
NLR 2,946 NEW
XLV 2,935 NEW
XLG 2,269 117.3%
SCHZ 1,986 7.5%
EPI 1,771 91.4%
SOXX 1,753 55.2%
PTF 1,545 47.3%
BTC 1,509 91.5%
VXUS 1,470 28.1%
Top Reduces (Value $000, Stocks/ETFs)
VFH -11,670 -38.2%
EFG -1,786 -84.2%
IYW -1,569 -81.6%
FCTE -1,288 -27.1%
XLC -1,025 -3.9%
IUSB -919 -20.4%
EFV -756 -15.8%
XLI -730 -100.0%
QUS -446 -17.9%
VTV -412 -15.5%
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.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type