FF
Fortitude Financial, LLC SEC 13F Holdings (Q3 2026) — Top Position: SS SPDR S&P 500 ETF TRUST-US
Fortitude Financial, LLCCIK: 0002066105
Momentum followerSector-focusedHigh-turnover trader
Total reported value
$213.5M
Reporting period: 2026-09-30 · Number of holdings: 43
Fortitude Financial, LLC disclosed 43 holdings in its latest 13F filing for the period ending 2026-09-30, with total reported value of $213.5M and a quarterly turnover rate of 63.8%.
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Personality snowflake
- Concentration
- 62.94
- Portfolio Stability
- 63.76
- Momentum
- 100
- Sector conviction
- 86.04
- Diversification
- 86
- Sizing Uniformity
- 75.7
Fortitude Financial, LLC's disclosed holdings carry a Herfindahl concentration index of 0.157 — mathematically equivalent to about 6 equally-sized positions, well below its 43 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 2.43), with a handful of outsized bets alongside many smaller positions.
Recent activity leans toward adding more aggressively to already-large existing positions than to newly initiated ones (a 4.3 percentage-point tilt) — a pattern consistent with a momentum-following approach.
Sector classification currently covers about 3% 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 SPY
+10120.7% $71.6M
Trim SPYG
+2.4% $1.5M
Trim SPYM
+14.3% $2.8M
Trim DYNF
+12.6% $2.4M
Trim IMCB
+18.2% $2.3M
Trim SPDW
+12.4% $1.0M
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 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 33.85% | +33.23% | +10120.71% | |
| 2 | SPYG | Ss Spdr P S&p 500 Growth ETF | ETF-Large Cap & Growth | 12.57% | -10.19% | +2.38% | |
| 3 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-Large Cap & Growth | 9.04% | -5.81% | +14.35% | |
| 4 | DYNF | Ishrs US E F R A Etf-usd Inc | ETF-Other | 8.62% | -5.79% | +12.64% | |
| 5 | IMCB | Ishares Morningstar Mid-cap | ETF-Other | 7.85% | -5.16% | +18.24% | |
| 6 | SPDW | Ste Str Spdr Pt Dw EU ETF | ETF-Other | 4.48% | -3.18% | +12.40% | |
| 7 | XCEM | Columbia Em Core Ex-china | ETF-Emerging Markets | 3.66% | -2.77% | +12.13% | |
| 8 | FSMD | Fidelity Small-mid Multifact | ETF-Other | 1.88% | -1.90% | +2.42% | |
| 9 | XLK | Ss Technology Select Sector | ETF-Tech | 1.67% | -0.90% | +21.54% | |
| 10 | JMEE | JPM Sma & Mid Cap En Eq Et-u | ETF-Other | 1.35% | -0.33% | +63.08% | |
| 11 | FDVV | Fidelity High Dividend ETF | ETF-Other | 1.31% | +1.04% | +824.16% | |
| 12 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 1.23% | -1.20% | -3.24% | |
| 13 | QQQM | Invesco Nasdaq 100 ETF | ETF-Tech | 1.16% | +1.16% | NEW | |
| 14 | BOND | Pimco Active Bond Exchange-t | ETF-Other | 1.05% | +1.05% | NEW | |
| 15 | MUNI | Pimco Intermediate Municipal | ETF-Other | 0.81% | -0.44% | +30.99% | |
| 16 | JEMA | Jpmorgan Activebuilders Emer | ETF-Other | 0.77% | -0.72% | +2.58% | |
| 17 | AGNC | Agnc Investment CORP | Stock-Real Estate | 0.67% | -0.86% | +0.10% | |
| 18 | TFC | Truist Financial CORP | Stock-Financials | 0.65% | +0.65% | NEW | |
| 19 | IWF | Ishares Russell 1000 Growth | ETF-Other | 0.59% | +0.19% | +181.91% | |
| 20 | DIVI | Franklin International Core | ETF-Other | 0.59% | +0.59% | NEW | |
| 21 | WFC | Wells Fargo & Co | Stock-Financials | 0.56% | +0.56% | NEW | |
| 22 | GRPM | Invesco S&p Midcap 400 Garp | ETF-Other | 0.55% | -0.54% | -6.60% | |
| 23 | EEM | Ishares Msci Emerging Market | ETF-Emerging Markets | 0.53% | +0.53% | NEW | |
| 24 | PFXF | Vaneck Pref Sec X-financials | ETF-Other | 0.53% | +0.53% | NEW | |
| 25 | MSFT | Microsoft CORP | Stock-Tech | 0.38% | -0.12% | +6.62% | |
| 26 | IBIT | Ishares Bitcoin Trust ETF | ETF-Crypto | 0.37% | -0.08% | +9.92% | |
| 27 | JPIB | Jpmorgan Intl Bnd ETF | ETF-Other | 0.35% | +0.35% | NEW | |
| 28 | HSCZ | Ishares Cur Hdg Msci Eafe Sm | ETF-Other | 0.33% | +0.33% | NEW | |
| 29 | NVDA | Nvidia CORP | Stock-Tech | 0.32% | -0.22% | — | |
| 30 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 0.24% | -0.16% | +8.55% | |
| 31 | AAPL | Apple Inc | Stock-Tech | 0.23% | -0.15% | — | |
| 32 | PYLD | Pimco Multisector Bond Actv | ETF-Other | 0.21% | +0.21% | NEW | |
| 33 | JBND | Jpmorgan Active Bond ETF | ETF-Other | 0.21% | +0.21% | NEW | |
| 34 | DBEF | Xtrackers Msci Eafe Hedged E | ETF-Other | 0.20% | +0.20% | NEW | |
| 35 | SPEM | State Street Sp Ptf Em ETF | ETF-Other | 0.18% | -0.17% | -4.29% | |
| 36 | CMF | Ishares California Muni Bond | ETF-Other | 0.17% | +0.17% | NEW | |
| 37 | ETHA | Ishares Ethereum Trust ETF | ETF-Other | 0.16% | +0.16% | NEW | |
| 38 | INTC | Intel CORP | Stock-Tech | 0.14% | -0.18% | — | |
| 39 | ✓ | Stock-Other | 0.14% | -0.06% | +55.68% | ||
| 40 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 0.12% | -0.11% | — | |
| 41 | SPYV | Ss Spdr P S&p 500 Value ETF | ETF-Large Cap & Growth | 0.11% | -0.10% | -0.21% | |
| 42 | LVHI | Franklin International Low V | ETF-Other | 0.11% | -0.08% | +3.01% | |
| 43 | IFRA | Ishares US Infrastructure | ETF-Other | 0.11% | +0.11% | NEW |
Portfolio Performance
Performance for Q4 2026
+1.4%
Performance Last 4 Quarters
+12%
- Stdev
- +13.1%
- Beta
- +0.99
- Alpha
- -2.2%
- Max Drawdown
- -6.5%
- Annualized Perf
- +14.9%
- Batting Avg vs S&P
- +40%
- Sortino
- +2.33
- Stutzer
- +0.34
- Treynor
- +0.15
- Sterling
- +0.91
- Calmar
- +2.31
- Information Ratio
- -0.69
- Tracking Error
- +3.4%
- Stdev Down
- +6.3%
- Winning Months %
- +60%
- Losing Months %
- +40%
- Best 12 Months
- +26.3%
- Worst 12 Months
- +12%
- Efficiency Ratio
- +0.46
- Sharpe
- +1.13
- Stdev Sectors
- +13.2%
- Skewness
- +0.38
- Kurtosis
- +0.5
- Upside Potential
- +3.83
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
Holding changes this quarter
Fortitude Financial, LLC's most significant position changes for 2026-09-30: New buy: Invesco Nasdaq 100 ETF (QQQM); New buy: Pimco Active Bond Exchange-t (BOND); New buy: Truist Financial CORP (TFC); New buy: Franklin International Core (DIVI); New buy: Wells Fargo & Co (WFC).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | SPY | Ss Spdr S&p 500 ETF Trust-us | +33.2% | +10120.71% | Add |
| 2 | QQQM | Invesco Nasdaq 100 ETF | +1.2% | NEW | New buy |
| 3 | BOND | Pimco Active Bond Exchange-t | +1.1% | NEW | New buy |
| 4 | FDVV | Fidelity High Dividend ETF | +1% | +824.16% | Add |
| 5 | TFC | Truist Financial CORP | +0.7% | NEW | New buy |
| 6 | DIVI | Franklin International Core | +0.6% | NEW | New buy |
| 7 | WFC | Wells Fargo & Co | +0.6% | NEW | New buy |
| 8 | EEM | Ishares Msci Emerging Market | +0.5% | NEW | New buy |
| 9 | PFXF | Vaneck Pref Sec X-financials | +0.5% | NEW | New buy |
| 10 | JPIB | Jpmorgan Intl Bnd ETF | +0.4% | NEW | New buy |
| 11 | HSCZ | Ishares Cur Hdg Msci Eafe Sm | +0.3% | NEW | New buy |
| 12 | PYLD | Pimco Multisector Bond Actv | +0.2% | NEW | New buy |
| 13 | JBND | Jpmorgan Active Bond ETF | +0.2% | NEW | New buy |
| 14 | DBEF | Xtrackers Msci Eafe Hedged E | +0.2% | NEW | New buy |
| 15 | IWF | Ishares Russell 1000 Growth | +0.2% | +181.91% | Add |
| 16 | CMF | Ishares California Muni Bond | +0.2% | NEW | New buy |
| 17 | ETHA | Ishares Ethereum Trust ETF | +0.2% | NEW | New buy |
| 18 | IFRA | Ishares US Infrastructure | +0.1% | NEW | New buy |
| 19 | ✓ | -0.1% | +55.68% | Add | |
| 20 | IBIT | Ishares Bitcoin Trust ETF | -0.1% | +9.92% | Add |
| 21 | LVHI | Franklin International Low V | -0.1% | +3.01% | Add |
| 22 | SPYV | Ss Spdr P S&p 500 Value ETF | -0.1% | -0.21% | Trim |
| 23 | COST | Costco Wholesale CORP | -0.1% | — | Unchanged |
| 24 | MSFT | Microsoft CORP | -0.1% | +6.62% | Add |
| 25 | AAPL | Apple Inc | -0.2% | — | Unchanged |
| 26 | AMZN | Amazon.com Inc | -0.2% | +8.55% | Add |
| 27 | SPEM | State Street Sp Ptf Em ETF | -0.2% | -4.29% | Trim |
| 28 | INTC | Intel CORP | -0.2% | — | Unchanged |
| 29 | NVDA | Nvidia CORP | -0.2% | — | Unchanged |
| 30 | JMEE | JPM Sma & Mid Cap En Eq Et-u | -0.3% | +63.08% | Add |
| 31 | MUNI | Pimco Intermediate Municipal | -0.4% | +30.99% | Add |
| 32 | GRPM | Invesco S&p Midcap 400 Garp | -0.5% | -6.60% | Trim |
| 33 | JEMA | Jpmorgan Activebuilders Emer | -0.7% | +2.58% | Add |
| 34 | AGNC | Agnc Investment CORP | -0.9% | +0.10% | Add |
| 35 | XLK | Ss Technology Select Sector | -0.9% | +21.54% | Add |
| 36 | QQQ | Invesco Qqq Trust Series 1 | -1.2% | -3.24% | Trim |
| 37 | FSMD | Fidelity Small-mid Multifact | -1.9% | +2.42% | Add |
| 38 | XCEM | Columbia Em Core Ex-china | -2.8% | +12.13% | Add |
| 39 | SPDW | Ste Str Spdr Pt Dw EU ETF | -3.2% | +12.40% | Add |
| 40 | IMCB | Ishares Morningstar Mid-cap | -5.2% | +18.24% | Add |
| 41 | DYNF | Ishrs US E F R A Etf-usd Inc | -5.8% | +12.64% | Add |
| 42 | SPYM | Ste Str Spdr Pt S&p 500 ETF | -5.8% | +14.35% | Add |
| 43 | SPYG | Ss Spdr P S&p 500 Growth ETF | -10.2% | +2.38% | Add |
Filing History
FAQ
What is Fortitude Financial, LLC and what type of investor is it?
Fortitude Financial, LLC 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 $213.5M, spread across 43 disclosed positions.
What are Fortitude Financial, LLC's largest equity positions?
Based on the latest 13F filing, Fortitude Financial, LLC's top holdings by market value are:
1. Ss Spdr S&p 500 ETF Trust-us (SPY) — $72.3M (33.9%)
2. Ss Spdr P S&p 500 Growth ETF (SPYG) — $26.8M (12.6%)
3. Ste Str Spdr Pt S&p 500 ETF (SPYM) — $19.3M (9.0%)
4. Ishrs US E F R A Etf-usd Inc (DYNF) — $18.4M (8.6%)
5. Ishares Morningstar Mid-cap (IMCB) — $16.7M (7.8%)
What changes did Fortitude Financial, LLC make in its most recent portfolio filing?
In the latest reported quarter, Fortitude Financial, LLC made 39 notable position adjustments: 15 new positions were initiated, 20 existing holdings were added to, 4 positions were partially reduced, and 0 were completely exited. The largest of these moves: New buy: Invesco Nasdaq 100 ETF (QQQM); New buy: Pimco Active Bond Exchange-t (BOND); New buy: Truist Financial CORP (TFC); New buy: Franklin International Core (DIVI); New buy: Wells Fargo & Co (WFC)
What sectors does Fortitude Financial, LLC focus on?
Fortitude Financial, LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Financials: 36.8%
• Information Technology: 32.3%
• Real Estate: 20.2%
• Consumer Discretionary: 7.2%
• Consumer Staples: 3.5%
Investment Profile
Fortitude Financial, LLC returned an annualized 14.9% over the trailing 20 months — underperforming the S&P 500 by 2.2 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.99 (roughly in line with the market) and a 40% quarterly batting average against the index.
Its portfolio is moderately concentrated and fast-trading, with 36.8% of the portfolio concentrated in Financials.
Its turnover score has risen from 13 to 64 over the past 4 quarters — a shift toward more active trading.
It has added to its SPYG position over the past two quarters (+$5.1M, now $26.8M), while trimming SPEM over the same stretch (-$122.4K, still holding $377.2K).
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