FF
Financial Futures Ltd Liability Co. 13F Filing (Q3 2026) — Top Positions & Stock Picks
Financial Futures Ltd Liability Co.CIK: 0001911616
Diversified strategyMomentum followerSector-focused
Total reported value
$269.8M
Reporting period: 2026-09-30 · Number of holdings: 78
Financial Futures Ltd Liability Co. disclosed 78 holdings in its latest 13F filing for the period ending 2026-09-30, with total reported value of $269.8M and a quarterly turnover rate of 10.5%.
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Personality snowflake
- Concentration
- 16.11
- Portfolio Stability
- 10.47
- Momentum
- 100
- Sector conviction
- 93.09
- Diversification
- 100
- Sizing Uniformity
- 85.27
Financial Futures Ltd Liability Co.'s disclosed holdings carry a Herfindahl concentration index of 0.040 — mathematically equivalent to about 25 equally-sized positions, well below its 78 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.47), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 9% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govAdd MINT
+215.8% $4.1M
Sold out JPST
Trim SPHY
-3.3% -$1.1M
Add GOOG
+62.9% $1.6M
Trim JPIE
-5.7% -$836.5K
Trim VCIT
+2.0% -$613.2K
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | VCIT | Vanguard Int-term Corporate | ETF-Corp Bonds | 6.58% | -0.41% | +2.02% | |
| 2 | PYLD | Pimco Multisector Bond Actv | ETF-Other | 6.11% | -0.35% | +1.57% | |
| 3 | VO | Vanguard Mid-cap ETF | ETF-Other | 6.05% | -0.08% | +4.13% | |
| 4 | JEPI | Jpmorgan Equity Premium Inco | ETF-Other | 5.91% | +0.26% | +8.06% | |
| 5 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-Large Cap & Growth | 5.78% | +0.04% | +1.22% | |
| 6 | SPHY | Ss Spdr P High Yield ETF | ETF-High Yield | 5.51% | -0.57% | -3.33% | |
| 7 | AVUV | Avantis US Small Cap Value | ETF-Small Cap | 5.30% | -0.32% | +2.62% | |
| 8 | AVLV | Avantis US Large Cap Value | ETF-Large Cap & Growth | 5.20% | — | +3.60% | |
| 9 | DFIV | Dimensional International Va | ETF-Other | 4.50% | +0.17% | +3.12% | |
| 10 | VB | Vanguard Small-cap ETF | ETF-Other | 4.17% | -0.27% | +2.69% | |
| 11 | AVDV | Avantis Intl S/c Value ETF | ETF-Other | 4.01% | +0.33% | +5.24% | |
| 12 | JPIE | Jpmorgan Income ETF | ETF-Other | 3.52% | -0.42% | -5.71% | |
| 13 | QQQM | Invesco Nasdaq 100 ETF | ETF-Tech | 3.46% | +0.02% | +2.71% | |
| 14 | BUFR | Ft Vest Lad Buffervetf-usd I | ETF-Other | 3.31% | -0.02% | -0.35% | |
| 15 | AVEM | Avantis Emerging Markets Eq | ETF-Emerging Markets | 3.28% | -0.11% | +2.11% | |
| 16 | VNQ | Vanguard Real Estate ETF | ETF-Other | 2.84% | -0.11% | +6.37% | |
| 17 | MINT | Pimco Enhanced Short Maturit | ETF-Other | 2.23% | +1.50% | +215.77% | |
| 18 | JQUA | Jpmorgan US Quality Factor | ETF-Other | 2.22% | +0.04% | +2.66% | |
| 19 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 1.58% | +0.55% | +62.90% | |
| 20 | DDOG | Datadog Inc - Class A | Stock-Tech | 1.32% | +0.03% | +0.08% | |
| 21 | SCHB | Schwab US Broad Market ETF | ETF-Other | 1.25% | +0.08% | +8.66% | |
| 22 | AAPL | Apple Inc | Stock-Tech | 1.04% | +0.31% | +26.75% | |
| 23 | SPYG | Ss Spdr P S&p 500 Growth ETF | ETF-Large Cap & Growth | 1.00% | — | -0.99% | |
| 24 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 0.95% | -0.01% | +1.00% | |
| 25 | AIRR | First Trust Rba American Ind | ETF-Other | 0.84% | -0.06% | +23.62% | |
| 26 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.80% | -0.05% | +0.29% | |
| 27 | META | Meta Platforms Inc-class A | Stock-Comm Services | 0.68% | +0.16% | +3.48% | |
| 28 | IBIT | Ishares Bitcoin Trust ETF | ETF-Crypto | 0.63% | +0.14% | -6.87% | |
| 29 | ABNB | Airbnb Inc-class A | Stock-Consumer Disc | 0.62% | +0.05% | — | |
| 30 | MSFT | Microsoft CORP | Stock-Tech | 0.62% | +0.29% | +37.82% | |
| 31 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 0.51% | +0.05% | +11.63% | |
| 32 | TSLA | Tesla Inc | Stock-Consumer Disc | 0.44% | -0.08% | +1.65% | |
| 33 | ICF | Ishares Select U.s. Reit ETF | ETF-Other | 0.43% | -0.08% | -6.85% | |
| 34 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 0.42% | -0.01% | -0.35% | |
| 35 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 0.38% | — | — | |
| 36 | AVDE | Avantis International Equity | ETF-Other | 0.36% | -0.03% | -4.52% | |
| 37 | NVDA | Nvidia CORP | Stock-Tech | 0.34% | +0.23% | +165.27% | |
| 38 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 0.30% | -0.01% | -1.10% | |
| 39 | DIA | Ss Spdr Dow Jones Indus Avg | ETF-Large Cap & Growth | 0.29% | -0.03% | -2.39% | |
| 40 | VUG | Vanguard Growth ETF | ETF-Other | 0.28% | +0.01% | — | |
| 41 | BRK-A | Berkshire Hathaway Inc-cl A | Stock-Other | 0.28% | -0.01% | — | |
| 42 | CAIE | Calamos Autocallable Inc ETF | ETF-Other | 0.23% | +0.06% | +40.05% | |
| 43 | IJH | Ishares Core S&p Midcap ETF | ETF-Other | 0.22% | -0.03% | -3.19% | |
| 44 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 0.21% | +0.09% | +81.41% | |
| 45 | DELL | Dell Technologies -c | Stock-Tech | 0.20% | +0.03% | -0.10% | |
| 46 | IMCB | Ishares Morningstar Mid-cap | ETF-Other | 0.19% | -0.01% | — | |
| 47 | ESML | Ishares Esg Aware Msci USA S | ETF-Other | 0.19% | -0.06% | -17.68% | |
| 48 | VV | Vanguard Large-cap ETF | ETF-Other | 0.19% | — | -0.97% | |
| 49 | VBR | Vanguard Small-cap Value ETF | ETF-Other | 0.18% | -0.01% | — | |
| 50 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 0.17% | +0.17% | NEW |
1–50 of 78
Portfolio Performance
Performance for Q4 2026
+1.3%
Performance Last 4 Quarters
+13.2%
- Stdev
- +8.9%
- Beta
- +0.68
- Alpha
- +0.6%
- Max Drawdown
- -5.2%
- Annualized Perf
- +16.9%
- Batting Avg vs S&P
- +36.1%
- Sortino
- +3.89
- Stutzer
- +0.53
- Treynor
- +0.24
- Sterling
- +1.2
- Calmar
- +3.28
- Information Ratio
- -1.34
- Tracking Error
- +5.1%
- Stdev Down
- +4.1%
- Winning Months %
- +72.2%
- Losing Months %
- +27.8%
- Best 12 Months
- +24%
- Worst 12 Months
- +5%
- Efficiency Ratio
- +0.71
- Sharpe
- +1.82
- Stdev Sectors
- +14.9%
- Skewness
- -0.1
- Kurtosis
- -0.08
- Upside Potential
- +5.36
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q3 | 78 | $269.8M | 10 | ||
| 2026 Q2 | 80 | $262.6M | 0 | ||
| 2026 Q1 | 72 | $227.6M | 11 | ||
| 2025 Q4 | 69 | $215.8M | 12 | ||
| 2025 Q3 | 68 | $205.8M | 40 | ||
| 2025 Q2 | 63 | $186.6M | 0 | ||
| 2025 Q1 | 60 | $176.3M | 0 | ||
| 2024 Q4 | 54 | $176.2M | 0 | ||
| 2024 Q3 | 53 | $174.5M | 0 | ||
| 2024 Q2 | 53 | $161.2M | 0 | ||
| 2024 Q1 | 48 | $150.8M | 0 | ||
| 2023 Q4 | 41 | $133.1M | 0 | ||
| 2023 Q3 | 52 | $122.4M | 0 | ||
| 2023 Q2 | 50 | $126.6M | 0 | ||
| 2023 Q1 | 50 | $118.7M | 0 | ||
| 2022 Q4 | 50 | $111.0M | 0 | ||
| 2022 Q3 | 45 | $104.5M | 0 | ||
| 2022 Q2 | 47 | $101.3M | 0 | ||
| 2022 Q1 | 56 | $127.9M | 0 | ||
| 2021 Q4 | 52 | $122.1M | 0 |
Holding changes this quarter
Financial Futures Ltd Liability Co.'s most significant position changes for 2026-09-30: Sold out: Jpmorgan Ultra-short Income (JPST); New buy: Amazon.com Inc (AMZN); New buy: Thermo Fisher Scientific Inc (TMO); Sold out: Ishares High Yild Muni A ETF (HIMU); New buy: Merck & Co. Inc. (MRK).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | MINT | Pimco Enhanced Short Maturit | +1.5% | +215.77% | Add |
| 2 | GOOG | Alphabet Inc-cl C | +0.6% | +62.90% | Add |
| 3 | AVDV | Avantis Intl S/c Value ETF | +0.3% | +5.24% | Add |
| 4 | AAPL | Apple Inc | +0.3% | +26.75% | Add |
| 5 | MSFT | Microsoft CORP | +0.3% | +37.82% | Add |
| 6 | JEPI | Jpmorgan Equity Premium Inco | +0.3% | +8.06% | Add |
| 7 | NVDA | Nvidia CORP | +0.2% | +165.27% | Add |
| 8 | DFIV | Dimensional International Va | +0.2% | +3.12% | Add |
| 9 | AMZN | Amazon.com Inc | +0.2% | NEW | New buy |
| 10 | META | Meta Platforms Inc-class A | +0.2% | +3.48% | Add |
| 11 | IBIT | Ishares Bitcoin Trust ETF | +0.1% | -6.87% | Trim |
| 12 | TMO | Thermo Fisher Scientific Inc | +0.1% | NEW | New buy |
| 13 | VTI | Vanguard Total Stock Mkt ETF | +0.1% | +81.41% | Add |
| 14 | MRK | Merck & Co. Inc. | +0.1% | NEW | New buy |
| 15 | SCHB | Schwab US Broad Market ETF | +0.1% | +8.66% | Add |
| 16 | VXUS | Vanguard Total Intl Stock | +0.1% | NEW | New buy |
| 17 | SCCO | Southern Copper CORP | +0.1% | NEW | New buy |
| 18 | AMGN | Amgen Inc | +0.1% | NEW | New buy |
| 19 | AVGO | Broadcom Inc | +0.1% | NEW | New buy |
| 20 | JPM | Jpmorgan Chase & Co | +0.1% | +84.86% | Add |
| 21 | CAIE | Calamos Autocallable Inc ETF | +0.1% | +40.05% | Add |
| 22 | ABNB | Airbnb Inc-class A | +0.1% | — | Unchanged |
| 23 | VOO | Vanguard S&p 500 ETF | +0.1% | +11.63% | Add |
| 24 | SPYM | Ste Str Spdr Pt S&p 500 ETF | 0% | +1.22% | Add |
| 25 | JQUA | Jpmorgan US Quality Factor | 0% | +2.66% | Add |
| 26 | DDOG | Datadog Inc - Class A | 0% | +0.08% | Add |
| 27 | DELL | Dell Technologies -c | 0% | -0.10% | Trim |
| 28 | QQQM | Invesco Nasdaq 100 ETF | 0% | +2.71% | Add |
| 29 | COST | Costco Wholesale CORP | 0% | +34.67% | Add |
| 30 | MUB | Ishares National Muni Bond E | 0% | +29.12% | Add |
| 31 | ASML | ASML Holding N.V. | 0% | +26.79% | Add |
| 32 | VTEB | Vanguard Tax-exempt Bond ETF | 0% | +22.19% | Add |
| 33 | CRBN | Ish Low Car Opt Ms Ac Etf-us | 0% | +9.70% | Add |
| 34 | VUG | Vanguard Growth ETF | 0% | — | Unchanged |
| 35 | ESGD | Ishares Trust Ishares Esg Aw | 0% | +4.45% | Add |
| 36 | AVLV | Avantis US Large Cap Value | — | +3.60% | Add |
| 37 | SPYG | Ss Spdr P S&p 500 Growth ETF | — | -0.99% | Trim |
| 38 | IVV | Ishares Core S&p 500 ETF | — | — | Unchanged |
| 39 | VV | Vanguard Large-cap ETF | — | -0.97% | Trim |
| 40 | ABBV | Abbvie Inc | — | -3.40% | Trim |
| 41 | SPDW | Ste Str Spdr Pt Dw EU ETF | — | — | Unchanged |
| 42 | QQQ | Invesco Qqq Trust Series 1 | 0% | +1.00% | Add |
| 43 | ESGE | Ishares Inc Ishares Esg Awar | 0% | -7.39% | Trim |
| 44 | VBR | Vanguard Small-cap Value ETF | 0% | — | Unchanged |
| 45 | SCHA | Schwab US Small-cap ETF | 0% | — | Unchanged |
| 46 | UCON | First Trust Smith Unconstrai | 0% | -1.48% | Trim |
| 47 | AFL | Aflac Inc | 0% | -0.04% | Trim |
| 48 | IMCB | Ishares Morningstar Mid-cap | 0% | — | Unchanged |
| 49 | BRK-B | Berkshire Hathaway Inc-cl B | 0% | -0.35% | Trim |
| 50 | SPY | Ss Spdr S&p 500 ETF Trust-us | 0% | -1.10% | Trim |
1–50 of 87
Filing History
FAQ
What is Financial Futures Ltd Liability Co. and what type of investor is it?
Financial Futures Ltd Liability Co. is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-09-30), the firm manages a tracked equity portfolio valued at approximately $269.8M, spread across 78 disclosed positions.
What are Financial Futures Ltd Liability Co.'s largest equity positions?
Based on the latest 13F filing, Financial Futures Ltd Liability Co.'s top holdings by market value are:
1. Vanguard Int-term Corporate (VCIT) — $17.7M (6.6%)
2. Pimco Multisector Bond Actv (PYLD) — $16.5M (6.1%)
3. Vanguard Mid-cap ETF (VO) — $16.3M (6.0%)
4. Jpmorgan Equity Premium Inco (JEPI) — $16.0M (5.9%)
5. Ste Str Spdr Pt S&p 500 ETF (SPYM) — $15.6M (5.8%)
What changes did Financial Futures Ltd Liability Co. make in its most recent portfolio filing?
In the latest reported quarter, Financial Futures Ltd Liability Co. made 79 notable position adjustments: 7 new positions were initiated, 38 existing holdings were added to, 25 positions were partially reduced, and 9 were completely exited. The largest of these moves: Sold out: Jpmorgan Ultra-short Income (JPST); New buy: Amazon.com Inc (AMZN); New buy: Thermo Fisher Scientific Inc (TMO); Sold out: Ishares High Yild Muni A ETF (HIMU); New buy: Merck & Co. Inc. (MRK)
What sectors does Financial Futures Ltd Liability Co. focus on?
Financial Futures Ltd Liability Co. is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 42.5%
• Communication Services: 33.0%
• Consumer Discretionary: 13.3%
• Health Care: 4.1%
• Financials: 2.5%
• Utilities: 1.6%
Investment Profile
Financial Futures Ltd Liability Co. returned an annualized 16.9% over the trailing 36 months — outperforming the S&P 500 by 0.6 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.68 (less volatile than the market) and a 36% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding, with 42.5% of the portfolio concentrated in Information Technology.
Its turnover score has fallen from 40 to 10 over the past 4 quarters — a shift toward longer holding periods.
It has added to its QQQM position over the past two quarters (+$2.5M, now $9.3M), while trimming VHT over the same stretch (-$643.3K, still holding $443.2K).
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