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A&I FINANCIAL SERVICES, LLC — 13F Holdings & Portfolio

CIK 1728031 · latest 13F-HR filed 2026-10-15

Backtest portfolio

A&I FINANCIAL SERVICES, LLC manages $236.5M in 13F-reported U.S. long-equity assets across 77 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are SHV (18.19%), TSEL (15.45%), OAKM (7.44%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 8 new positions and exited 6; 20 existing positions rose in reported value and 17 fell.

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
$236.5M

Long-equity book

Holdings
77

Distinct positions

Period
2026-09-30

Filed 2026-10-15

Q/Q Activity
+8 / −6 / ↑20 / ↓17

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
SHV18.2% · newTSEL15.4% · +1%OAKM7.4% · +0%BUSA7.4% · +0%DBMF4.8% · -1%ASMF4.8% · -0%ITOT3.9% · +2%CGGR3.1% · +8%CGUS3.0% · +8%VEA2.5% · +0%CGDV2.4% · +6%AAPL2.1% · +0%CGGO1.9% · +8%VOTE1.7% · +4%NVDA1.5% · +0%CGGE1.2% · +9%CGMM1.2% · +10%VWO1.0% · +1%CVIE1.0% · +42%ESGD1.0% · +66%CGNG0.8% · +10%IVV0.7% · -1%ESML0.7% · +5%CGDG0.5% · +12%NUBD0.5% · +3%AMZN0.5% · 0%MSFT0.5% · +1%VOYA0.4% · -4%GPC0.4% · -2%AES0.3% · +0%SYY0.3% · -1%AFG0.3% · -1%ENR0.3% · newMAN0.3% · newGOOGL0.3% · 0%LW0.3% · -1%OMC0.3% · -1%UPS0.3% · +1%SAH0.3% · -2%GIS0.3% · newWEN0.3% · -1%SLGN0.3% · +1%BAH0.3% · +4%ESGE0.3% · -1%CGCV0.3% · +11%TRN0.3% · +2%CGIC0.3% · +12%NXST0.3% · +3%EIX0.3% · -0%CDW0.3% · +9%DT0.2% · 0%TSLA0.2% · -1%GOOG0.2% · +3%FMC0.2% · +28%PECO0.2% · 0%NVR0.1% · 0%AHR0.1% · -12%VIG0.1% · +15%IVW0.1% · 0%VRT0.1% · 0%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 70.6%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Apr 8, 2026.

Assets Under Management
$560.0M
Discretionary
$506.3M
Employees
9
Accounts
1,683
Address
9605 KINGSTON COURT
SUITE 190
LONE TREE, CO 80112
Phone
(303) 690-5070
Website
Name Title / Status Ownership Type
A & I HOLDINGS, LLC ControlMEMBER
since Jan 2018
75% or moreDomestic Entity
FRANK, KARL, FREDRICK ControlMANAGER AND CHIEF COMPLIANCE OFFICER
since Aug 2004
Less than 5%Individual
FRANK, STACEY, KATRINA ControlMANAGER
since Aug 2004
Less than 5%Individual
FRANK, KARL, FREDRICK Control
Indirect owner via A & I HOLDINGS, LLC
MEMBER
since Jan 2018
50–75%Individual
FRANK, STACEY, KATRINA Control
Indirect owner via A & I HOLDINGS, LLC
MEMBER
since Jan 2018
50–75%Individual
Ownership & leadership changes · 3 filings with changes since Dec 16, 2011

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Sep 13, 2024 filing
  • No longer listedGASPAR, SHARON, ANN · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Jan 2023
  • ChangedFRANK, KARL, FREDRICK · title MANAGER → MANAGER AND CHIEF COMPLIANCE OFFICER
Jan 11, 2023 filing
  • AddedGASPAR, SHARON, ANN · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ChangedFRANK, STACEY, KATRINA · title CHIEF COMPLIANCE OFFICER AND MANAGER → MANAGER
May 25, 2018 filing
  • AddedA & I HOLDINGS, LLC · MEMBER · 75% or more · control person
  • AddedFRANK, KARL, FREDRICK · MEMBER · 50–75% · indirect via A & I HOLDINGS, LLC · control person
  • AddedFRANK, STACEY, KATRINA · MEMBER · 50–75% · indirect via A & I HOLDINGS, LLC · control person
  • ChangedFRANK, KARL, FREDRICK · title MANAGING MEMBER → MANAGER; ownership 50–75% → Less than 5%
  • ChangedFRANK, STACEY, KATRINA · title CHIEF COMPLIANCE OFFICER AND MEMBER → CHIEF COMPLIANCE OFFICER AND MANAGER; ownership 50–75% → Less than 5%
Dec 16, 2011 filing (earliest on record)
  • ListedFRANK, KARL, FREDRICK · MANAGING MEMBER · 50–75% · control person
  • ListedFRANK, STACEY, KATRINA · CHIEF COMPLIANCE OFFICER AND MEMBER · 50–75% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 20 →

Top Trims

Show all 17 →

New Positions

Show all 8 →

Exited Positions

Show all 6 →

A&I FINANCIAL SERVICES, LLC Holdings (2026-09-30)

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 TR SHV 464288679 $43.0M 18.19% 389,898 SH
2 TOUCHSTONE ETF TRUST TSEL 89157W806 $36.5M 15.45% 1,231,398 SH
3 HARRIS OAKMARK ETF TRUST OAKM 41456U106 $17.6M 7.44% 599,665 SH
4 2023 ETF SERIES TRUST BUSA 900934308 $17.5M 7.38% 444,647 SH
5 IM GLOBAL PARTNER FUNDS DBMF 53700T827 $11.4M 4.82% 350,746 SH
6 VIRTUS ETF TR II ASMF 92790A876 $11.3M 4.79% 413,088 SH
7 ISHARES TR ITOT 464287150 $9.3M 3.94% 56,062 SH
8 CAPITAL GROUP GROWTH ETF CGGR 14020G101 $7.3M 3.10% 154,811 SH
9 CAPITAL GROUP CORE EQUITY ET CGUS 14020V108 $7.0M 2.97% 157,681 SH
10 VANGUARD TAX-MANAGED FDS VEA 921943858 $5.9M 2.47% 82,862 SH
11 CAPITAL GROUP DIVIDEND VALUE CGDV 14020W106 $5.6M 2.35% 113,806 SH
12 APPLE INC AAPL 037833100 $4.9M 2.09% 14,852 SH
13 CAPITAL GROUP GBL GROWTH EQT CGGO 14020X104 $4.5M 1.88% 112,043 SH
14 TCW ETF TRUST VOTE 29287L106 $4.0M 1.68% 44,238 SH
15 NVIDIA CORPORATION NVDA 67066G104 $3.6M 1.51% 15,614 SH
16 CAPITAL GROUP GLOBAL EQUITY CGGE 14020R107 $2.9M 1.23% 83,625 SH
17 CAPITAL GROUP EQUITY ETF TR CGMM 14022A102 $2.9M 1.21% 92,200 SH
18 VANGUARD INTL EQUITY INDEX F VWO 922042858 $2.5M 1.04% 41,607 SH
19 MORGAN STANLEY ETF TRUST CVIE 61774R106 $2.3M 0.96% 27,309 SH
20 ISHARES TR ESGD 46435G516 $2.3M 0.95% 21,858 SH
21 CAPITAL GROUP NEW GEOGRAPHY CGNG 14021N105 $1.9M 0.81% 52,570 SH
22 ISHARES TR IVV 464287200 $1.6M 0.68% 2,103 SH
23 ISHARES TR ESML 46435U663 $1.6M 0.67% 30,573 SH
24 CAPITAL GROUP DIVIDEND GROWE CGDG 14021L109 $1.3M 0.55% 34,843 SH
25 NUSHARES ETF TR NUBD 67092P870 $1.2M 0.51% 57,226 SH
26 AMAZON COM INC AMZN 023135106 $1.2M 0.49% 4,618 SH
27 MICROSOFT CORP MSFT 594918104 $1.1M 0.45% 2,073 SH
28 VOYA FINANCIAL INC VOYA 929089100 $967.5K 0.41% 10,240 SH
29 GENUINE PARTS CO GPC 372460105 $890.2K 0.38% 7,080 SH
30 AES CORP AES 00130H105 $828.4K 0.35% 55,599 SH
31 SYSCO CORP SYY 871829107 $825.2K 0.35% 10,585 SH
32 AMERICAN FINANCIAL GROUP INC AFG 025932104 $825.2K 0.35% 6,034 SH
33 ENERGIZER HLDGS INC ENR 29272W109 $811.7K 0.34% 37,948 SH
34 MANPOWERGROUP INC WIS MAN 56418H100 $794.3K 0.34% 14,290 SH
35 ALPHABET INC GOOGL 02079K305 $789.3K 0.33% 2,294 SH
36 LAMB WESTON HLDGS INC LW 513272104 $742.5K 0.31% 17,811 SH
37 OMNICOM GROUP INC OMC 681919106 $740.6K 0.31% 10,059 SH
38 UNITED PARCEL SVCS INC UPS 911312106 $720.2K 0.30% 7,707 SH
39 SONIC AUTOMOTIVE INC SAH 83545G102 $697.2K 0.29% 11,552 SH
40 GENERAL MILLS INC GIS 370334104 $694.1K 0.29% 21,583 SH
41 WENDYS CO WEN 95058W100 $689.3K 0.29% 108,048 SH
42 SILGAN HLDGS INC SLGN 827048109 $682.9K 0.29% 19,652 SH
43 BOOZ ALLEN HAMILTON HLDG COR BAH 099502106 $674.6K 0.29% 9,717 SH
44 ISHARES INC ESGE 46434G863 $669.9K 0.28% 12,369 SH
45 CAPITAL GROUP CONSERVATIVE E CGCV 14020U100 $669.3K 0.28% 20,862 SH
46 TRINITY INDS INC TRN 896522109 $666.5K 0.28% 26,098 SH
47 CAPITAL GROUP INTERNATIONAL CGIC 14021T102 $651.6K 0.28% 18,110 SH
48 NEXSTAR MEDIA GROUP INC NXST 65336K103 $647.6K 0.27% 4,008 SH
49 EDISON INTL EIX 281020107 $632.3K 0.27% 11,768 SH
50 CDW CORP CDW 12514G108 $620.0K 0.26% 4,837 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-15 $236.5M 77 0001728031-26-000006
2026-06-30 2026-07-09 $229.6M 75 0001728031-26-000003
2026-03-31 2026-04-15 $211.1M 75 0001728031-26-000002
2025-12-31 2026-01-28 $210.5M 79 0001728031-26-000001
Filer Information
Address
9605 KINGSTON COURT
SUITE 190
LONE TREE, CO 80112
Phone
(303) 690-5070
Filing Manager
A&I FINANCIAL SERVICES, LLC
LONE TREE, CO
Signatory
Karl Frank
President