FF
Focus Financial Network, Inc. 13F Filing History & Holdings
Focus Financial Network, Inc.CIK: 0002010942
Diversified strategyMomentum followerSector-focused
Total reported value
$2.8B
Reporting period: 2026-03-31 · Number of holdings: 729
Focus Financial Network, Inc. disclosed 729 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $2.8B and a quarterly turnover rate of 18.1%.
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Personality snowflake
- Concentration
- 8.16
- Portfolio Stability
- 18.14
- Momentum/Contrarian
- 100
- Sector conviction
- 94.08
- Diversification
- 100
- Sizing Uniformity
- 62.73
Focus Financial Network, Inc.'s disclosed holdings carry a Herfindahl concentration index of 0.020 — mathematically equivalent to about 49 equally-sized positions, well below its 729 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 3.73), 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 31% 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.
Recent moves
Add FESM
+1095.1% $25.4M
Trim SPSM
-74.7% -$25.9M
Trim SCHG
-0.6% -$17.5M
Trim NVDA
-0.4% -$20.8M
Add VTV
+19.9% $10.2M
Trim SPY
-27.8% -$11.5M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 729 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | Stock-Tech | 10.14% | -0.43% | -0.40% | |
| 2 | SCHG | Schwab US Large-cap Growth | ETF-Other | 4.94% | -0.47% | -0.64% | |
| 3 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 3.30% | -0.25% | -3.97% | |
| 4 | AAPL | Apple INC | Stock-Tech | 3.09% | -0.15% | -1.03% | |
| 5 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 2.65% | — | +6.22% | |
| 6 | AMZN | Amazon.com INC | Stock-Consumer Disc | 2.29% | -0.20% | -0.83% | |
| 7 | SCHD | Schwab US Dvd Equity ETF | ETF-Other | 2.18% | — | -9.18% | |
| 8 | AGG | Ishares Core U.s. Aggregate | ETF-Other | 2.17% | — | +3.82% | |
| 9 | VTV | Vanguard Value ETF | ETF-Other | 1.95% | +0.41% | +19.92% | |
| 10 | FNDF | Schwab Fndmn Intl Lrg Co ETF | ETF-Other | 1.36% | +0.33% | +18.15% | |
| 11 | IEF | Ishares 7-10 Year Treasury B | ETF-Gov Bonds | 1.31% | — | +3.56% | |
| 12 | QLD | Proshares Ultra Qqq | ETF-Other | 1.31% | -0.16% | +0.02% | |
| 13 | VXUS | Vanguard Total Intl Stock | ETF-Other | 1.29% | — | -0.55% | |
| 14 | XMHQ | Invesco S&p Midcap Qual ETF | ETF-Other | 1.27% | — | +4.07% | |
| 15 | VYM | Vanguard High Dvd Yield ETF | ETF-Other | 1.27% | — | +2.94% | |
| 16 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 1.03% | -0.14% | -10.39% | |
| 17 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 1.03% | -0.15% | -7.92% | |
| 18 | FESM | Fidelity Enhanced Small Cap | ETF-Small Cap | 0.99% | +0.91% | +1095.14% | |
| 19 | VEA | Vanguard Ftse Developed ETF | ETF-Other | 0.97% | — | +4.53% | |
| 20 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 0.91% | -0.37% | -27.84% | |
| 21 | VIG | Vanguard Dividend Apprec ETF | ETF-Other | 0.84% | — | +3.34% | |
| 22 | MSFT | Microsoft CORP | Stock-Tech | 0.83% | -0.29% | -6.51% | |
| 23 | IWR | Ishares Russell Mid-cap ETF | ETF-Other | 0.77% | — | -1.56% | |
| 24 | AKRE | Akre Focus ETF | ETF-Other | 0.74% | +0.74% | NEW | |
| 25 | SCHV | Schwab US Large-cap Value | ETF-Other | 0.70% | — | -10.89% | |
| 26 | EMXC | Ishares Msci Emr Mrk Ex Chna | ETF-Other | 0.66% | — | +1.85% | |
| 27 | SPHQ | Invesco S&p 500 Quality ETF | ETF-Large Cap & Growth | 0.65% | — | +0.63% | |
| 28 | XLK | Ss Technology Select Sector | ETF-Tech | 0.65% | -0.07% | -5.59% | |
| 29 | XMMO | Invesco S&p Midcap Momentum | ETF-Other | 0.64% | — | +3.67% | |
| 30 | SCHB | Schwab US Broad Market ETF | ETF-Other | 0.63% | — | +5.73% | |
| 31 | VWO | Vanguard Ftse Emerging Marke | ETF-Emerging Markets | 0.63% | — | +1.63% | |
| 32 | XSMO | Invesco S&p Smallcap Momentu | ETF-Other | 0.61% | — | +5.59% | |
| 33 | IVW | Ishares S&p 500 Growth ETF | ETF-Large Cap & Growth | 0.60% | -0.11% | -10.57% | |
| 34 | SDVY | First Trust Smid Cap Rising | ETF-Other | 0.59% | — | +4.87% | |
| 35 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-Large Cap & Growth | 0.58% | -0.11% | -14.27% | |
| 36 | SGOL | Abrdn Physical Gold Shares | ETF-Commodities | 0.57% | — | +0.08% | |
| 37 | SCHX | Schwab US Large-cap ETF | ETF-Other | 0.56% | — | -4.55% | |
| 38 | DGRW | Wisdomtree U.s. Quality Divi | ETF-Other | 0.56% | — | +1.06% | |
| 39 | SCHM | Schwab US Mid Cap ETF | ETF-Other | 0.54% | +0.09% | +13.73% | |
| 40 | QUAL | Ishares Msci USA Quality Fac | ETF-Other | 0.54% | -0.22% | -29.20% | |
| 41 | QQQM | Invesco Nasdaq 100 ETF | ETF-Tech | 0.51% | -0.16% | -21.57% | |
| 42 | VBK | Vanguard Small-cap Grwth ETF | ETF-Other | 0.51% | — | +2.33% | |
| 43 | GLD | Spdr Gold Shares | ETF-Commodities | 0.46% | — | -10.23% | |
| 44 | GTO | Invesco Total Return Bond Et | ETF-Other | 0.46% | — | -11.94% | |
| 45 | IMTM | Ishares Msci Intl Momentum F | ETF-Other | 0.45% | — | +4.09% | |
| 46 | ILTB | Ishares Core 10+ Year Usd Bo | ETF-Other | 0.45% | — | +4.69% | |
| 47 | SCHF | Schwab Intl Equity ETF | ETF-Other | 0.44% | — | +3.04% | |
| 48 | SCHA | Schwab US Small-cap ETF | ETF-Other | 0.43% | — | -3.20% | |
| 49 | IQLT | Ishares Msci International Q | ETF-Other | 0.42% | +0.10% | +24.80% | |
| 50 | DYNF | Ishrs US E F R A Etf-usd INC | ETF-Other | 0.41% | — | +5.19% |
1–50 of 200
Portfolio Performance
Performance for Q3 2026
+3%
Performance Last 4 Quarters
+19.3%
Based on 80% of reported portfolio value with available pricing
- Stdev
- +12.3%
- Beta
- +0.92
- Alpha
- -0.4%
- Max Drawdown
- -8.4%
- Annualized Perf
- +17%
- Batting Avg vs S&P
- +50%
- Sortino
- +2.85
- Stutzer
- +0.4
- Treynor
- +0.18
- Sterling
- +1.03
- Calmar
- +2.03
- Information Ratio
- -0.65
- Tracking Error
- +3%
- Stdev Down
- +5.8%
- Winning Months %
- +61.1%
- Losing Months %
- +38.9%
- Best 12 Months
- +34.2%
- Worst 12 Months
- +6.5%
- Efficiency Ratio
- +0.55
- Sharpe
- +1.34
- Stdev Sectors
- +14.2%
- Skewness
- +0.22
- Kurtosis
- -0.2
- Upside Potential
- +4.55
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 729 | $2.8B | 18 | |
| 2025-12-31 | 725 | $2.9B | 11 | |
| 2025-09-30 | 738 | $2.8B | 29 | |
| 2025-06-30 | 704 | $2.5B | 0 | |
| 2025-03-31 | 684 | $2.4B | 0 | |
| 2024-12-31 | 665 | $2.5B | 0 | |
| 2024-09-30 | 668 | $2.4B | 0 | |
| 2024-06-30 | 657 | $2.3B | 0 | |
| 2024-03-31 | 626 | $2.1B | 0 | |
| 2023-09-30 | 586 | $1.8B | 0 | |
| 2023-06-30 | 589 | $1.8B | — | |
| 2023-03-31 | 569 | $1.6B | — | |
| 2022-12-31 | 473 | $1.2B | — | |
| 2022-09-30 | 472 | $1.2B | — | |
| 2022-06-30 | 479 | $1.2B | — | |
| 2022-03-31 | 506 | $1.4B | — | |
| 2021-12-31 | 351 | $683.1M | — | |
| 2021-09-30 | 402 | $749.2M | — | |
| 2021-06-30 | 400 | $751.7M | — | |
| 2021-03-31 | 396 | $854.7M | — | |
| 2020-12-31 | 426 | $1.1B | — | |
| 2020-09-30 | 437 | $1.1B | — | |
| 2020-06-30 | 387 | $899.9M | — | |
| 2020-03-31 | 359 | $744.9M | — | |
| 2019-12-31 | 403 | $815.9M | — | |
| 2019-09-30 | 387 | $721.8M | — | |
| 2019-06-30 | 366 | $675.3M | — | |
| 2019-03-31 | 361 | $623.7M | — |
Holding changes this quarter
Focus Financial Network, Inc.'s most significant position changes for 2026-03-31: New buy: Akre Focus ETF (AKRE); New buy: Sandisk CORP (SNDK); New buy: Ish Intl Ctry Rot Act ETF (CORO); New buy: Ss Spdr P S&p 500 Value ETF (SPYV); New buy: Fr Minnesota Muni INC ETF (FTMN).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | FESM | Fidelity Enhanced Small Cap | +0.9% | +1095.14% | Add |
| 2 | VTV | Vanguard Value ETF | +0.4% | +19.92% | Add |
| 3 | FNDF | Schwab Fndmn Intl Lrg Co ETF | +0.3% | +18.15% | Add |
| 4 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | +131.75% | Add |
| 5 | BAI | Ishrs Ai In And Tech Act ETF | +0.1% | +151.19% | Add |
| 6 | IQLT | Ishares Msci International Q | +0.1% | +24.80% | Add |
| 7 | IUSB | Ishr Cr Unvrse Usd Bd Etf-ui | +0.1% | +33.01% | Add |
| 8 | VCSH | Vanguard S/t CORP Bond ETF | +0.1% | +356.23% | Add |
| 9 | EVTR | Eaton Vance Total Return | +0.1% | +343.52% | Add |
| 10 | SHLD | Global X Defense Tech ETF | +0.1% | +418.40% | Add |
| 11 | SCHM | Schwab US Mid Cap ETF | +0.1% | +13.73% | Add |
| 12 | VRT | Vertiv Holdings Co-a | +0.1% | +15.81% | Add |
| 13 | XLK | Ss Technology Select Sector | -0.1% | -5.59% | Trim |
| 14 | BSV | Vanguard Short-term Bond ETF | -0.1% | -17.52% | Trim |
| 15 | XTEN | Bondbloxx Bbg 10y US Tsy ETF | -0.1% | -50.29% | Trim |
| 16 | IEMG | Ishares Core Msci Emerging | -0.1% | -38.15% | Trim |
| 17 | IONQ | Ionq INC | -0.1% | +1.50% | Add |
| 18 | IGSB | Ishares 1-5y Inv Grade CORP | -0.1% | -65.24% | Trim |
| 19 | UNH | Unitedhealth Group INC | -0.1% | -8.58% | Trim |
| 20 | SMCI | Super Micro Computer INC | -0.1% | -84.40% | Trim |
| 21 | QUBT | Quantum Computing INC | -0.1% | -53.15% | Trim |
| 22 | IVW | Ishares S&p 500 Growth ETF | -0.1% | -10.57% | Trim |
| 23 | SPYM | Ste Str Spdr Pt S&p 500 ETF | -0.1% | -14.27% | Trim |
| 24 | PLTR | Palantir Technologies Inc-a | -0.1% | -52.68% | Trim |
| 25 | BRK-B | Berkshire Hathaway Inc-cl B | -0.1% | -10.39% | Trim |
| 26 | EFG | Ishares Msci Eafe Growth ETF | -0.1% | -67.95% | Trim |
| 27 | SCHZ | Schwab US Aggregate Bond ETF | -0.1% | -44.61% | Trim |
| 28 | IYW | Ishares Ustechnology ETF | -0.1% | -42.96% | Trim |
| 29 | NOW | Servicenow INC | -0.1% | -25.40% | Trim |
| 30 | AAPL | Apple INC | -0.2% | -1.03% | Trim |
| 31 | GOOGL | Alphabet Inc-cl A | -0.2% | -7.92% | Trim |
| 32 | EFV | Ishares Msci Eafe Value ETF | -0.2% | -38.25% | Trim |
| 33 | QLD | Proshares Ultra Qqq | -0.2% | +0.02% | Add |
| 34 | QQQM | Invesco Nasdaq 100 ETF | -0.2% | -21.57% | Trim |
| 35 | IVE | Ishares S&p 500 Value ETF | -0.2% | -36.77% | Trim |
| 36 | AMZN | Amazon.com INC | -0.2% | -0.83% | Trim |
| 37 | QUAL | Ishares Msci USA Quality Fac | -0.2% | -29.20% | Trim |
| 38 | QQQ | Invesco Qqq Trust Series 1 | -0.3% | -3.97% | Trim |
| 39 | MSFT | Microsoft CORP | -0.3% | -6.51% | Trim |
| 40 | SPY | Ss Spdr S&p 500 ETF Trust-us | -0.4% | -27.84% | Trim |
| 41 | NVDA | Nvidia CORP | -0.4% | -0.40% | Trim |
| 42 | SCHG | Schwab US Large-cap Growth | -0.5% | -0.64% | Trim |
| 43 | SPSM | Ss Spdr P S&p 600 Small Cap | -0.9% | -74.68% | Trim |
| 44 | AKRE | Akre Focus ETF | — | NEW | New buy |
| 45 | SNDK | Sandisk CORP | — | NEW | New buy |
| 46 | CORO | Ish Intl Ctry Rot Act ETF | — | NEW | New buy |
| 47 | SPYV | Ss Spdr P S&p 500 Value ETF | — | NEW | New buy |
| 48 | FTMN | Fr Minnesota Muni INC ETF | — | NEW | New buy |
| 49 | AVEM | Avantis Emerging Markets Eq | — | NEW | New buy |
| 50 | BLCR | Ishares Lrg Cp Cr Act Etf-ui | — | NEW | New buy |
Filing History
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-04-14 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-01-12 | 13F-HR | View on EDGAR |
| 2025-09-30 | 2025-10-10 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-07-10 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-04-15 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-01-29 | 13F-HR | View on EDGAR |
| 2024-09-30 | 2024-10-28 | 13F-HR | View on EDGAR |
| 2024-06-30 | 2024-07-22 | 13F-HR | View on EDGAR |
| 2024-03-31 | 2024-04-24 | 13F-HR | View on EDGAR |
| 2023-09-30 | 2024-07-23 | 13F-HR | View on EDGAR |
| 2023-06-30 | 2024-07-23 | 13F-HR | View on EDGAR |
| 2023-03-31 | 2024-07-23 | 13F-HR | View on EDGAR |
| 2022-12-31 | 2024-07-24 | 13F-HR | View on EDGAR |
| 2022-09-30 | 2024-07-24 | 13F-HR | View on EDGAR |
| 2022-06-30 | 2024-07-24 | 13F-HR | View on EDGAR |
| 2022-03-31 | 2024-07-24 | 13F-HR | View on EDGAR |
| 2021-12-31 | 2024-07-24 | 13F-HR | View on EDGAR |
| 2021-09-30 | 2024-07-24 | 13F-HR | View on EDGAR |
| 2021-06-30 | 2024-07-24 | 13F-HR | View on EDGAR |
| 2021-03-31 | 2024-07-24 | 13F-HR | View on EDGAR |
| 2020-12-31 | 2024-07-24 | 13F-HR | View on EDGAR |
| 2020-09-30 | 2024-07-24 | 13F-HR | View on EDGAR |
| 2020-06-30 | 2024-07-24 | 13F-HR | View on EDGAR |
| 2020-03-31 | 2024-07-24 | 13F-HR | View on EDGAR |
| 2019-12-31 | 2024-07-24 | 13F-HR | View on EDGAR |
| 2019-09-30 | 2024-07-24 | 13F-HR | View on EDGAR |
| 2019-06-30 | 2024-07-24 | 13F-HR | View on EDGAR |
| 2019-03-31 | 2024-07-24 | 13F-HR | View on EDGAR |
FAQ
What is Focus Financial Network, Inc. and what type of investor is it?
Focus Financial Network, Inc. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $2.8B, spread across 729 disclosed positions.
What are Focus Financial Network, Inc.'s largest equity positions?
Based on the latest 13F filing, Focus Financial Network, Inc.'s top holdings by market value are:
1. Nvidia CORP (NVDA) — $282.9M (10.1%)
2. Schwab US Large-cap Growth (SCHG) — $137.8M (4.9%)
3. Invesco Qqq Trust Series 1 (QQQ) — $92.0M (3.3%)
4. Apple INC (AAPL) — $86.1M (3.1%)
5. Ishares Core S&p 500 ETF (IVV) — $73.8M (2.6%)
What changes did Focus Financial Network, Inc. make in its most recent portfolio filing?
In the latest reported quarter, Focus Financial Network, Inc. made 50 notable position adjustments: 7 new positions were initiated, 14 existing holdings were added to, 29 positions were partially reduced, and 0 were completely exited. The largest of these moves: New buy: Akre Focus ETF (AKRE); New buy: Sandisk CORP (SNDK); New buy: Ish Intl Ctry Rot Act ETF (CORO); New buy: Ss Spdr P S&p 500 Value ETF (SPYV); New buy: Fr Minnesota Muni INC ETF (FTMN)
What sectors does Focus Financial Network, Inc. focus on?
Focus Financial Network, Inc. is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 52.9%
• Consumer Discretionary: 10.0%
• Industrials: 9.2%
• Financials: 8.5%
• Health Care: 5.5%
• Communication Services: 5.5%
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