Top Institutional Investors

USA FINANCIAL FORMULAS — 13F Holdings & Portfolio

CIK 1633716 · latest 13F-HR filed 2026-04-14

Backtest portfolio

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM

$530.5M

Long-equity book

Holdings

437

Distinct positions

Period

2026-03-31

Filed 2026-04-14

Q/Q Activity

+114 / −91 / ↑86 / ↓200

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • iShares Russell 2000 ETF$107.4M +15636.8%
  • BlackRock Institutional Trust Company N.A. - BTC iShares S&P GSCI Comm$18.3M +4982.2%
  • Applied Materials Inc.$1.6M +16643.0%
  • Apple Inc$869.6K +45696.9%
  • Western Digital Corp.$786.2K +106.8%
Show all 86 →

Top Trims

  • SPDR S&P 500-$64.5M -100.0%
  • iShares MSCI EAFE ETF-$64.3M -99.8%
  • iShares MSCI Emerging Markets ETF-$62.0M -94.8%
  • Invesco QQQ Trust ETF-$61.4M -94.1%
  • iShares S&P 500 Growth ETF-$61.3M -94.9%
Show all 200 →

New Positions

  • iShares S&P Small-Cap 600 Value ETF$109.9M
  • iShares S&P Mid-Cap 400 Growth ETF$104.8M
  • SPDR Series Trust - SPDR Bloomberg Barclays 1-3 Month T-Bill ETF$23.2M
  • iShares 7-10 Year Treasury Bond ETF$12.3M
  • Ross Stores, Inc.$1.3M
Show all 114 →

Exited Positions

  • BlackRock Institutional Trust Company N.A. - BTC iShares U.S. Telecomm$2.7M
  • iShares U.S. Technology ETF$2.6M
  • iShares U.S. Healthcare ETF$2.5M
  • BlackRock Institutional Trust Company N.A. - BTC iShares U.S. Utilitie$2.5M
  • Astrazeneca plc - ADR$925.1K
Show all 91 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 iShares S&P Small-Cap 600 Value ETF IJS 464287879 $109.9M 20.72% 927,820 SH
2 iShares Russell 2000 ETF IWM 464287655 $108.1M 20.38% 435,956 SH
3 iShares S&P Mid-Cap 400 Growth ETF IJK 464287606 $104.8M 19.76% 1,041,989 SH
4 iShares Core S&P 500 IVV 464287200 $38.1M 7.19% 58,368 SH
5 SPDR Series Trust - SPDR Bloomberg Barclays 1-3 Month T-Bill ETF BIL 78468R663 $23.2M 4.38% 253,563 SH
6 BlackRock Institutional Trust Company N.A. - BTC iShares S&P GSCI Comm GSG 46428R107 $18.6M 3.51% 577,692 SH
7 iShares iBoxx USD Inv Grade Corp Bond ETF LQD 464287242 $14.0M 2.63% 128,238 SH
8 iShares 7-10 Year Treasury Bond ETF IEF 464287440 $12.3M 2.32% 129,169 SH
9 Invesco QQQ Trust ETF QQQ 46090E103 $3.8M 0.72% 6,655 SH
10 AIM ETF Products Trust - AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF SIXJ 00888H869 $3.8M 0.72% 113,956 SH
11 AIM ETF Products Trust - AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF SIXO 00888H877 $3.7M 0.70% 110,556 SH
12 iShares MSCI Emerging Markets ETF EEM 464287234 $3.4M 0.64% 59,962 SH
13 iShares S&P 500 Growth ETF IVW 464287309 $3.3M 0.62% 29,041 SH
14 ALLIANZIM US BUFFERED 15 UNCAPPED JAN JANU 00888H513 $1.9M 0.36% 69,589 SH
15 ALLIANZIM US BUFFER 15 UNCAPPED OCT ETF OCTU 00888H547 $1.9M 0.36% 68,733 SH
16 AIM ETF Products Trust - AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF JULU 00888H570 $1.9M 0.36% 65,966 SH
17 AIM ETF Products Trust - AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF ARLU 00888H612 $1.9M 0.35% 64,932 SH
18 Applied Materials Inc. AMAT 038222105 $1.6M 0.31% 4,784 SH
19 Western Digital Corp. WDC 958102105 $1.5M 0.29% 5,628 SH
20 Cisco Systems, Inc. CSCO 17275R102 $1.5M 0.28% 19,229 SH
21 Lam Research Corp. LRCX 512807306 $1.4M 0.27% 6,639 SH
22 Micron Technology Inc. MU 595112103 $1.4M 0.26% 4,079 SH
23 Gilead Sciences, Inc. GILD 375558103 $1.4M 0.26% 9,804 SH
24 Ross Stores, Inc. ROST 778296103 $1.3M 0.25% 6,187 SH
25 Seagate Technology Holdings Plc STX G7997R103 $1.3M 0.25% 3,390 SH
26 Baker Hughes Co - Ordinary Shares - Class A BKR 05722G100 $1.2M 0.23% 19,564 SH
27 Regeneron Pharmaceuticals, Inc. REGN 75886F107 $1.1M 0.21% 1,457 SH
28 Analog Devices Inc. ADI 032654105 $1.1M 0.21% 3,524 SH
29 Bank Of New York Mellon Corp BK 064058100 $1.0M 0.19% 8,565 SH
30 Alphabet Inc - Ordinary Shares - Class C GOOG 02079K107 $991.1K 0.19% 3,455 SH
31 American Electric Power Company Inc. AEP 025537101 $984.4K 0.19% 7,510 SH
32 Advanced Micro Devices Inc. AMD 007903107 $941.3K 0.18% 4,627 SH
33 RTX Corp RTX 75513E101 $916.3K 0.17% 4,750 SH
34 Keysight Technologies Inc KEYS 49338L103 $912.9K 0.17% 3,233 SH
35 Merck & Co Inc MRK 58933Y105 $891.3K 0.17% 7,410 SH
36 Apple Inc AAPL 037833100 $871.5K 0.16% 3,434 SH
37 AES Corp. AES 00130H105 $851.3K 0.16% 60,416 SH
38 Johnson Controls International plc - Registered Shares JCI G51502105 $823.2K 0.16% 6,286 SH
39 Hasbro, Inc. HAS 418056107 $804.7K 0.15% 8,597 SH
40 Cummins Inc. CMI 231021106 $802.2K 0.15% 1,491 SH
41 Halliburton Co. HAL 406216101 $799.6K 0.15% 20,508 SH
42 SPDR Gold Shares GLD 78463V107 $776.7K 0.15% 1,805 SH
43 Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF RSP 46137V357 $774.8K 0.15% 4,037 SH
44 Exxon Mobil Corp. XOM 30231G102 $760.6K 0.14% 4,483 SH
45 Nordson Corp. NDSN 655663102 $731.7K 0.14% 2,750 SH
46 Xcel Energy, Inc. XEL 98389B100 $730.6K 0.14% 9,197 SH
47 Citigroup Inc C 172967424 $714.7K 0.13% 6,302 SH
48 Johnson & Johnson JNJ 478160104 $707.4K 0.13% 2,894 SH
49 Alphabet Inc - Ordinary Shares - Class A GOOGL 02079K305 $702.2K 0.13% 2,442 SH
50 CSX Corp. CSX 126408103 $702.2K 0.13% 17,106 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-04-14 $530.5M 437 0001633716-26-000005
2025-12-31 2026-01-14 $549.6M 414 0001633716-26-000003