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Focus Financial Network Inc /adv Historical SEC 13F Holdings & Archive (Q4 2023)
Focus Financial Network Inc /advCIK: 0000925208
Diversified strategyLong-term holderQuality / disciplined sizing
Total reported value
$2.7B
Reporting period: 2023-12-31 · Number of holdings: 710
FOCUS FINANCIAL NETWORK INC /ADV disclosed 710 holdings in its latest 13F filing for the period ending 2023-12-31, with total reported value of $2.7B and a quarterly turnover rate of 0.0%.
Browse other institutions with $1B to $10B AUMBrowse other institutions starting with "F"
Personality snowflake
- Concentration
- 5.59
- Portfolio Stability
- 0
- Momentum
- 50
- Sector conviction
- 58.43
- Diversification
- 100
- Sizing Uniformity
- 70.11
Focus Financial Network Inc /adv's disclosed holdings carry a Herfindahl concentration index of 0.014 — mathematically equivalent to about 72 equally-sized positions, well below its 710 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 2.99), 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 36% 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.govNo holding changes this quarter
Holdings Map
New buyAddUnchangedTrim
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Data Source Notice: AlphaSMO is the web's most authoritative 13F / Inside Trader database. Institutional holdings and insider trades presented here are precisely computed to deliver accurate portfolio reporting.
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 710 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc | Stock-Tech | 4.81% | — | — | — |
| 2 | SCHG | Schwab US Large-cap Growth | ETF-Other | 4.58% | — | — | — |
| 3 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 4.05% | — | — | — |
| 4 | SCHD | Schwab US Dvd Equity ETF | ETF-Other | 3.60% | — | — | — |
| 5 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 3.47% | — | — | — |
| 6 | NVDA | Nvidia CORP | Stock-Tech | 3.11% | — | — | — |
| 7 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 2.40% | — | — | — |
| 8 | SCHV | Schwab US Large-cap Value | ETF-Other | 2.04% | — | — | — |
| 9 | MSFT | Microsoft CORP | Stock-Tech | 1.99% | — | — | — |
| 10 | UNH | Unitedhealth Group Inc | Stock-Healthcare | 1.56% | — | — | — |
| 11 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-Large Cap & Growth | 1.45% | — | — | — |
| 12 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 1.31% | — | — | — |
| 13 | AGG | Ishares Core U.s. Aggregate | ETF-Other | 1.31% | — | — | — |
| 14 | JPM | Jpmorgan Chase & Co | Stock-Financials | 0.97% | — | — | — |
| 15 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.94% | — | — | — |
| 16 | SPSM | Ss Spdr P S&p 600 Small Cap | ETF-Small Cap | 0.88% | — | — | — |
| 17 | SCHX | Schwab US Large-cap ETF | ETF-Other | 0.88% | — | — | — |
| 18 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 0.86% | — | — | — |
| 19 | SCHB | Schwab US Broad Market ETF | ETF-Other | 0.86% | — | — | — |
| 20 | QLD | Proshares Ultra Qqq | ETF-Other | 0.85% | — | — | — |
| 21 | GTO | Invesco Total Return Bond Et | ETF-Other | 0.83% | — | — | — |
| 22 | VXUS | Vanguard Total Intl Stock | ETF-Other | 0.83% | — | — | — |
| 23 | XMHQ | Invesco S&p Midcap Qual ETF | ETF-Other | 0.80% | — | — | — |
| 24 | SHOP | Shopify Inc - Class A | Stock-Tech | 0.76% | — | — | — |
| 25 | IWR | Ishares Russell Mid-cap ETF | ETF-Other | 0.70% | — | — | — |
| 26 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 0.68% | — | — | — |
| 27 | XLK | Ss Technology Select Sector | ETF-Tech | 0.68% | — | — | — |
| 28 | LLY | Eli Lilly & Co | Stock-Healthcare | 0.65% | — | — | — |
| 29 | VTIP | Vanguard Short-term Tips | ETF-Other | 0.64% | — | — | — |
| 30 | FNDF | Schwab Fndmn Intl Lrg Co ETF | ETF-Other | 0.61% | — | — | — |
| 31 | VIG | Vanguard Dividend Apprec ETF | ETF-Other | 0.59% | — | — | — |
| 32 | COWZ | Pacer US Cash Cows 100 ETF | ETF-Other | 0.59% | — | — | — |
| 33 | HON | Honeywell International Inc | Stock-Industrials | 0.58% | — | — | — |
| 34 | IEF | Ishares 7-10 Year Treasury B | ETF-Gov Bonds | 0.57% | — | — | — |
| 35 | JNJ | Johnson & Johnson | Stock-Healthcare | 0.53% | — | — | — |
| 36 | V | Visa Inc-class A Shares | Stock-Financials | 0.52% | — | — | — |
| 37 | SCHM | Schwab US Mid Cap ETF | ETF-Other | 0.48% | — | — | — |
| 38 | HD | Home Depot Inc | Stock-Consumer Disc | 0.48% | — | — | — |
| 39 | DGRW | Wisdomtree U.s. Quality Divi | ETF-Other | 0.48% | — | — | — |
| 40 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 0.48% | — | — | — |
| 41 | QUAL | Ishares Msci USA Quality Fac | ETF-Other | 0.47% | — | — | — |
| 42 | VYM | Vanguard High Dvd Yield ETF | ETF-Other | 0.47% | — | — | — |
| 43 | IJR | Ishares Core S&p Small-cap E | ETF-Small Cap | 0.45% | — | — | — |
| 44 | SPHQ | Invesco S&p 500 Quality ETF | ETF-Large Cap & Growth | 0.45% | — | — | — |
| 45 | MMM | 3m Co | Stock-Industrials | 0.44% | — | — | — |
| 46 | TGT | Target CORP | Stock-Consumer Disc | 0.44% | — | — | — |
| 47 | XMMO | Invesco S&p Midcap Momentum | ETF-Other | 0.44% | — | — | — |
| 48 | IWM | Ishares Russell 2000 ETF | ETF-Small Cap | 0.43% | — | — | — |
| 49 | IVW | Ishares S&p 500 Growth ETF | ETF-Large Cap & Growth | 0.42% | — | — | — |
| 50 | IWP | Ishares Russell Mid-cap Grow | ETF-Other | 0.41% | — | — | — |
1–50 of 200
Portfolio Performance
Performance for Q3 2026
+2.9%
Performance Last 4 Quarters
+20.4%
- Stdev
- +10.5%
- Beta
- +0.85
- Alpha
- +0.7%
- Max Drawdown
- -7.3%
- Annualized Perf
- +17.1%
- Batting Avg vs S&P
- +43.3%
- Sortino
- +3.06
- Stutzer
- +0.45
- Treynor
- +0.19
- Sterling
- +1.07
- Calmar
- +2.35
- Information Ratio
- -0.77
- Tracking Error
- +2.7%
- Stdev Down
- +5.4%
- Winning Months %
- +73.3%
- Losing Months %
- +26.7%
- Best 12 Months
- +27.4%
- Worst 12 Months
- +7%
- Efficiency Ratio
- +0.59
- Sharpe
- +1.56
- Stdev Sectors
- +9.7%
- Skewness
- -0.19
- Kurtosis
- +0.08
- Upside Potential
- +4.58
Reported value over time
Not enough data yet to compute personality scores
Sector allocation
Sector allocation over time
Not enough sector-mapped data yet
Quarterly history
Holding changes this quarter
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|
Filing History
FAQ
What is Focus Financial Network Inc /adv and what type of investor is it?
Focus Financial Network Inc /adv 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 (2023-12-31), the firm manages a tracked equity portfolio valued at approximately $2.7B, spread across 710 disclosed positions.
What are Focus Financial Network Inc /adv's largest equity positions?
Based on the latest 13F filing, Focus Financial Network Inc /adv's top holdings by market value are:
1. Apple Inc (AAPL) — $127.9M (4.8%)
2. Schwab US Large-cap Growth (SCHG) — $121.8M (4.6%)
3. Ishares Core S&p 500 ETF (IVV) — $107.8M (4.0%)
4. Schwab US Dvd Equity ETF (SCHD) — $95.8M (3.6%)
5. Invesco Qqq Trust Series 1 (QQQ) — $92.5M (3.5%)
What changes did Focus Financial Network Inc /adv make in its most recent portfolio filing?
No notable portfolio changes were recorded for Focus Financial Network Inc /adv in the most recent quarter. Holdings appear to have remained relatively stable.
What sectors does Focus Financial Network Inc /adv focus on?
Focus Financial Network Inc /adv is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 36.3%
• Health Care: 13.1%
• Consumer Discretionary: 13.0%
• Industrials: 11.6%
• Financials: 9.3%
• Communication Services: 5.4%
Investment Profile
Focus Financial Network Inc /adv returned an annualized 17.1% over the trailing 30 months — outperforming the S&P 500 by 0.7 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.85 (less volatile than the market) and a 43% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding, with 36.3% of the portfolio concentrated in Information Technology.
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