Focus Financial Network, Inc.
Long book
$2.79B
Q1 2026
Positions
729
Top-10 weight
34%
concentration
Last quarter
+13.6%
SPY +14.8%
Turnover
14%
of book per quarter
Strategy in plain words
auto-generated from filingsFocus Financial Network, Inc. is a wealth-management firm allocating client money, running a $2.79B US long book across 729 positions.
The portfolio is moderately concentrated (top 10 ≈ 34% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, SCHWAB US LARGE-CAP GROWTH, INVESCO QQQ TRUST SERIES 1, APPLE INC, ISHARES CORE S&P 500 ETF.
Over the last 9 quarters its long book ran on average 0.1pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.8%
Q2 2024
+5.5%
Q3 2024
+1.9%
Q4 2024
-4.7%
Q1 2025
+10.9%
Q2 2025
+8.3%
Q3 2025
+1.7%
Q4 2025
-2.6%
Q1 2026
+13.6%
Sector allocation
Technology 58%
Consumer discretionary 11%
Financials 9%
Industrials 8%
Healthcare 5%
Utilities 2%
Services media 2%
Energy 2%
Long book by quarter
What does Focus Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 1.6M | $282.9M | 10.1% | -0.4% |
| AAPL APPLE INC | Technology | 339.3K | $86.1M | 3.1% | -1.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 306.9K | $63.9M | 2.3% | -0.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 59.8K | $28.6M | 1.0% | -10.4% |
| GOOGL ALPHABET INC-CL A | Technology | 99.4K | $28.6M | 1.0% | -7.9% |
| MSFT MICROSOFT CORP | Technology | 62.3K | $23.1M | 0.8% | -6.5% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 10.3K | $10.2M | 0.4% | -5.3% |
| SNDK SANDISK CORP | Technology | 15.3K | $9.7M | 0.3% | New |
| UNH UNITEDHEALTH GROUP INC | Financials | 34.5K | $9.3M | 0.3% | -8.6% |
| JPM JPMORGAN CHASE & CO | Financials | 31.7K | $9.3M | 0.3% | -3.5% |
| NVT NVENT ELECTRIC PLC | Industrials | 73.5K | $8.7M | 0.3% | -1.0% |
| MMM 3M CO | Healthcare | 53.3K | $7.7M | 0.3% | -8.7% |
| CAT CATERPILLAR INC | Industrials | 9.9K | $7.0M | 0.3% | -6.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 27.9K | $6.8M | 0.2% | -9.6% |
| AVGO BROADCOM INC | Technology | 20.9K | $6.5M | 0.2% | -12.2% |
| XEL XCEL ENERGY INC | Utilities | 80.3K | $6.4M | 0.2% | -13.6% |
| DAL DELTA AIR LINES INC | Industrials | 95.6K | $6.4M | 0.2% | +0.1% |
| LLY ELI LILLY & CO | Healthcare | 6.9K | $6.3M | 0.2% | -5.0% |
| PNR PENTAIR PLC | Industrials | 72.6K | $6.3M | 0.2% | 0.0% |
| TSLA TESLA INC | Industrials | 16.1K | $6.0M | 0.2% | -5.8% |
| META META PLATFORMS INC-CLASS A | Technology | 9.8K | $5.6M | 0.2% | -1.9% |
| VRT VERTIV HOLDINGS CO-A | Technology | 20.3K | $5.1M | 0.2% | +15.8% |
| IONQ IONQ INC | Technology | 174.3K | $5.0M | 0.2% | +1.5% |
| WMT WALMART INC | Consumer discretionary | 39.8K | $5.0M | 0.2% | -3.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 14, 2026 | 729 | $2.79B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 12, 2026 | 725 | $2.87B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 10, 2025 | 738 | $2.80B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 10, 2025 | 704 | $2.53B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 15, 2025 | 684 | $2.45B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 29, 2025 | 665 | $2.52B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 28, 2024 | 668 | $2.45B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 22, 2024 | 657 | $2.34B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 24, 2024 | 626 | $2.05B | canonical | SEC ↗ |