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THEORY FINANCIAL LLC — 13F Holdings & Portfolio

CIK 1899158 · latest 13F-HR filed 2026-07-31

Backtest portfolio

THEORY FINANCIAL LLC manages $317.3M in 13F-reported U.S. long-equity assets across 99 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SCHZ (7.20%), XLC (6.65%), SPYM (3.86%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 10 new positions, exited 5, added to 60, and trimmed 15.

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.

Filer Information
Address
2580 HARMONY ROAD
SUITE 201
FORT COLLINS, CO 80528
Phone
(970) 305-4649
Filing Manager
THEORY FINANCIAL LLC
FORT COLLINS, CO
Signatory
Ryan Charles Stout
Managing Member and Chief Compliance Officer
Loading holdings…
AUM

$317.3M

Long-equity book

Holdings

99

Distinct positions

Period

2026-06-30

Filed 2026-07-31

Q/Q Activity

+10 / −5 / ↑60 / ↓15

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • SPDR SERIES TRUST$5.9M +91.8%
  • ISHARES TR$3.5M +79.6%
  • ISHARES TR$3.2M +78.6%
  • INVESCO EXCHANGE TRADED FD T$2.4M +54.1%
  • WISDOMTREE TR$2.3M +37.7%
Show all 60 →

Top Trims

  • ISHARES TR-$2.1M -71.8%
  • ISHARES TR-$1.9M -82.2%
  • SELECT SECTOR SPDR TR-$1.7M -26.0%
  • BONDBLOXX ETF TRUST-$1.5M -37.9%
  • BLACKROCK ETF TRUST II-$1.2M -66.6%
Show all 15 →

New Positions

  • ROUNDHILL ETF TRUST$3.8M
  • ISHARES TR$3.7M
  • BLACKROCK ETF TRUST$2.3M
  • BLACKROCK ETF TRUST II$2.0M
  • ISHARES TR$537.2K
Show all 10 →

Exited Positions

  • SELECT SECTOR SPDR TR$7.2M
  • ISHARES TR$2.1M
  • WISDOMTREE TR$1.1M
  • VANGUARD SCOTTSDALE FDS$626.0K
  • EXXON MOBIL CORP$540.0K
Show all 5 →
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 SCHWAB STRATEGIC TR SCHZ 808524839 $22.9M 7.20% 988,119 SH
2 SELECT SECTOR SPDR TR XLC 81369Y852 $21.1M 6.65% 197,004 SH
3 SPDR SERIES TRUST SPYM 78464A854 $12.2M 3.86% 139,379 SH
4 ISHARES TR MBB 464288588 $10.8M 3.41% 114,412 SH
5 DBX ETF TR HYLB 233051432 $9.4M 2.96% 257,512 SH
6 SIMPLIFY EXCHANGE TRADED FUN CTA 82889N699 $9.4M 2.95% 361,176 SH
7 ISHARES TR IGIB 464288638 $8.8M 2.79% 166,224 SH
8 WISDOMTREE TR EZM 97717W570 $8.3M 2.61% 109,393 SH
9 ETF OPPORTUNITIES TRUST FCTE 26923N512 $8.2M 2.59% 281,444 SH
10 ISHARES TR SOXX 464287523 $7.9M 2.48% 12,271 SH
11 TIDAL TRUST I GRNY 886364231 $7.8M 2.47% 283,636 SH
12 ISHARES INC PICK 46434G848 $7.4M 2.34% 127,586 SH
13 ISHARES TR IUSB 46434V613 $7.4M 2.32% 159,643 SH
14 INVESCO EXCHANGE TRADED FD T PTF 46137V811 $6.7M 2.12% 49,392 SH
15 VANGUARD STAR FDS VXUS 921909768 $6.7M 2.11% 78,191 SH
16 VANGUARD WORLD FD VGT 92204A702 $6.4M 2.01% 53,392 SH
17 SCHWAB STRATEGIC TR SCHP 808524870 $6.2M 1.97% 235,393 SH
18 VANGUARD WORLD FD VFH 92204A405 $6.2M 1.94% 46,809 SH
19 INVESCO EXCHANGE TRADED FD T XSMO 46137V498 $6.0M 1.88% 63,567 SH
20 INVESCO EXCHANGE TRADED FD T RZV 46137V167 $5.9M 1.87% 39,779 SH
21 SPDR GOLD TR GLD 78463V107 $5.9M 1.86% 16,041 SH
22 INVESCO EXCH TRADED FD TR II QQQM 46138G649 $5.9M 1.86% 19,452 SH
23 BLACKROCK ETF TRUST DYNF 09290C103 $5.9M 1.85% 86,369 SH
24 VANGUARD INDEX FDS VBR 922908611 $5.8M 1.83% 23,942 SH
25 SELECT SECTOR SPDR TR XLK 81369Y803 $5.8M 1.81% 30,217 SH
26 ISHARES TR IVW 464287309 $5.7M 1.79% 41,296 SH
27 INVESCO ACTVELY MNGD ETC FD PDBC 46090F100 $5.6M 1.76% 352,441 SH
28 SELECT SECTOR SPDR TR XLV 81369Y209 $4.9M 1.53% 30,610 SH
29 ISHARES TR IVE 464287408 $4.8M 1.51% 21,138 SH
30 ROUNDHILL ETF TRUST DRAM 77926X320 $3.8M 1.19% 51,118 SH
31 ISHARES TR ACWX 464288240 $3.7M 1.16% 48,483 SH
32 ISHARES TR EMB 464288281 $3.7M 1.15% 37,995 SH
33 ISHARES TR GOVT 46429B267 $3.6M 1.14% 159,136 SH
34 BLACKROCK ETF TRUST CORO 09290C764 $3.3M 1.04% 90,283 SH
35 VANGUARD INDEX FDS VTV 922908744 $3.2M 1.00% 14,542 SH
36 VANECK ETF TRUST NLR 92189F601 $3.1M 0.98% 26,873 SH
37 BLACKROCK ETF TRUST BAI 09290C780 $2.7M 0.86% 51,700 SH
38 SPDR INDEX SHS FDS SPEM 78463X509 $2.6M 0.83% 50,696 SH
39 VANGUARD MUN BD FDS VTEB 922907746 $2.6M 0.82% 51,756 SH
40 BONDBLOXX ETF TRUST XTEN 09789C812 $2.5M 0.80% 55,634 SH
41 ISHARES TR MUB 464288414 $2.5M 0.78% 23,102 SH
42 BLACKROCK ETF TRUST BLCR 09290C855 $2.3M 0.73% 46,213 SH
43 BLACKROCK ETF TRUST IALT 09290C665 $2.3M 0.71% 80,322 SH
44 INVESCO EXCH TRADED FD TR II SPMO 46138E339 $2.2M 0.68% 13,395 SH
45 ISHARES TR IVV 464287200 $2.1M 0.68% 2,869 SH
46 BLACKROCK ETF TRUST II GGOV 092528835 $2.0M 0.63% 39,852 SH
47 ISHARES TR LMUB 46438G448 $2.0M 0.63% 38,963 SH
48 BLACKROCK ETF TRUST THRO 09290C806 $1.9M 0.59% 43,363 SH
49 GLOBAL X FDS SHLD 37960A529 $1.5M 0.46% 24,468 SH
50 AMERICAN CENTY ETF TR AVEM 025072604 $1.4M 0.45% 14,911 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-31 $317.3M 99 0001899158-26-000003
2026-03-31 2026-05-05 $284.9M 94 0001899158-26-000002
2025-12-31 2026-02-10 $296.9M 101 0001899158-26-000001