Formidable Asset Management, LLC

Registered adviser

CIK

1592613

Location

CINCINNATI, OH

Portfolio Value

Small $638,256,046

Diversification

Diversified

Filing Date

Global Rank

#3,316 / 8,818 ▼ 75

Top Industry

Consumer Electronics 9.7%

Period ended 4 months ago

Filed Jul 17, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 167555

Roster of Oct 1, 2026

Regulatory AUM

$903,036,940

Main clients

Individuals and high net worth (95% of AUM)

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$1,793,630 gross assets

Registered funds advised

2 series (0 index, 2 ETFs)

$42,173,374 net assets· N-CEN Mar 31, 2026

Private funds on Schedule D 7.B.(1)

As filed Aug 21, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$14,498,543 gross assets in 1 fund Hedge funds $14,498,543 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$903,036,940	Individuals and high net worth (95%)
Apr 2025 to Mar 2026	$876,010,541	Individuals and high net worth (94%)
Apr 2024 to Mar 2025	$886,834,074	Individuals and high net worth (91%)
May 2023 to Mar 2024	$632,038,209	Individuals and high net worth (88%)
Apr 2023	$632,038,209	Individuals and high net worth (88%)
Apr 2022 to Mar 2023	$706,866,699	Individuals and high net worth (85%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 36.9%, 48.7 effective positions, active share 47.7% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

20.6% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 19.6 quarters (12+), a floor since 52.7% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 47.7%; sector active share 11.2% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

382 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

8.1%

+0.3 pts

Top 5

26.3%

+0.7 pts

Top 10

36.9%

+0.2 pts

HHI

205

Diversified+2

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	25.4%	$162,417,778	38
Unclassified	16.5%	$105,401,668	98
Financial Services	13.8%	$88,343,727	61
Consumer Defensive	8.5%	$54,053,599	16
Healthcare	7.8%	$49,850,973	37
Industrials	7.0%	$44,398,710	46
Communication Services	6.8%	$43,533,256	10
Consumer Cyclical	6.7%	$42,770,773	24
Energy	3.3%	$20,928,212	22
Utilities	2.0%	$12,892,457	11
Basic Materials	1.7%	$10,623,088	13
Real Estate	0.5%	$3,041,805	6

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
LAR	Lithium Argentina AG	+142,482	411,408	$3,402,344
FLUX	Flux Power Holdings, Inc.	+85,680	2,947,682	$2,549,744
QGRW	WisdomTree U.S. Quality Growth Fund	+21,934	76,884	$5,076,650
AMLP	Alerian MLP ETF	+16,800	26,525	$0
SHV	iShares 0-1 Year Treasury Bond ETF	+14,930	37,790	$4,170,126
BCAT	BlackRock Capital Allocation Term Trust	+14,196	80,117	$1,276,263
FID	First Trust S&P International Dividend Aristocrats ETF	+13,702	43,204	$927,157
DFLV	Dimensional US Large Cap Value ETF	+13,168	46,773	$1,849,404
RDVI	FT Vest Rising Dividend Achievers Target Income ETF	+10,000	30,635	$900,669
BAI	BlackRock ETF Trust	+9,096	29,458	$1,553,025
NOW	ServiceNow, Inc.	+8,815	19,840	$1,969,715
NFLX	Netflix Inc	+8,813	22,770	$1,625,778
CVS	CVS HEALTH Corp	+7,327	10,003	$1,034,810
HQL	abrdn Life Sciences Investors	+6,858	165,243	$3,306,512
PFE	Pfizer Inc	+5,792	56,869	$1,369,405
OKE	Oneok Inc	+5,648	16,894	$1,468,764
QUSA	VistaShares Target 15 USA Quality Income ETF	+4,623	63,179	$1,183,974
OMAH	VistaShares Target 15 Berkshire Select Income ETF	+4,521	86,047	$1,586,706
PYPL	PayPal Holdings, Inc.	+4,499	30,436	$1,314,226
RBIL	F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	+4,412	9,512	$474,553
TDOC	Teladoc Health, Inc.	+4,380	26,310	$223,108
NEM	NEWMONT Corp	+4,266	27,283	$2,548,232
AVAV	AeroVironment Inc	+3,632	4,982	$822,378
MO	Altria Group, Inc.	+3,562	41,143	$2,960,238
OGI	Organigram Global Inc.	+3,562	160,311	$163,517
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ACTG	Acacia Research Corp	−45,733	793,136	$3,696,013
JPST	JPMorgan Ultra-Short Income ETF	−36,838	73,781	$3,731,105
PETS	Petmed Express Inc	−19,650	85,551	$164,257
VZ	Verizon Communications Inc	−18,873	39,284	$1,663,284
LAC	Lithium Americas Corp.	−18,184	98,601	$379,613
SPEM	State Street(R) SPDR(R) Portfolio Emerging Markets ETF	−17,512	9,523	$493,100
GSK	GSK plc	−16,837	4,472	$234,422
FDL	First Trust Morningstar Dividend Leaders Index Fund	−15,671	19,599	$953,687
JD	JD.com, Inc.	−15,373	37,816	$963,551
EYLD	Cambria Emerging Shareholder Yield ETF	−14,287	8,471	$384,668
RPRX	Royalty Pharma plc	−11,959	32,010	$1,794,800
JGRO	JPMorgan Active Growth ETF	−11,953	54,796	$5,402,337
SU	Suncor Energy Inc	−10,682	5,322	$285,684
CRON	Cronos Group Inc.	−10,275	203,425	$565,521
EXG	Eaton Vance Tax-Managed Global Diversified Equity Income Fund	−9,307	834,092	$8,182,442
KONG	Formidable Fortress ETF	−9,264	630,659	$0
FORH	Formidable ETF	−9,144	729,772	$0
RYLD	Global X Russell 2000 Covered Call ETF	−7,117	105,494	$1,686,849
BTE	Baytex Energy Corp.	−7,000	53,746	$214,984
GGN	GAMCO Global Gold, Natural Resources & Income Trust	−6,314	1,370,222	$6,631,874
NKE	NIKE, Inc.	−5,883	6,378	$261,816
ECAT	BlackRock ESG Capital Allocation Term Trust	−5,837	296,032	$4,653,623
PEP	Pepsico Inc	−5,828	17,183	$2,326,578
MNST	Monster Beverage Corp	−4,000	4,994	$480,023
IBKR	Interactive Brokers Group, Inc.	−4,000	8,826	$768,215
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
JEMA	JPMorgan ActiveBuilders Emerging Markets Equity ETF	26,002	$1,661,007
VST	Vistra Corp.	5,384	$854,063
MDLZ	Mondelez International, Inc.	14,738	$852,445
NVT	nVent Electric plc	4,405	$747,132
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	31,796	$592,677
BE	Bloom Energy Corp	1,877	$568,167
FLS	Flowserve Corp	7,540	$559,166
HSTM	Healthstream Inc	19,479	$530,802
HIMU		10,477	$521,754
—		16,354	$474,429
JPIE	JPMorgan Income ETF	9,693	$446,362
STRL	Sterling Infrastructure, Inc.	525	$440,664
BAM	Brookfield Asset Management Ltd.	9,198	$412,530
MINO	PIMCO Municipal Income Opportunities Active Exchange-Traded Fund	8,946	$409,368
SIOO		20,075	$393,369
SM	SM Energy Co	14,560	$380,016
DVN	Devon Energy Corp	9,103	$376,135
SHYD	VanEck Short High Yield Muni ETF	15,938	$364,980
SPXC	SPX Technologies, Inc.	1,431	$350,838
ATI	Ati Inc	1,746	$344,136
ILF	iShares Latin America 40 ETF	9,660	$326,025
URA	Global X Uranium ETF	7,460	$326,002
WEAT		14,790	$325,823
AIRR	First Trust Exchange-Traded Fund VI	2,143	$285,554
WMB	Williams Companies, Inc.	3,583	$266,360
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
SLB	Slb Limited	15,070	$774,447
DFIV	Dimensional International Value ETF	12,402	$654,577
ADSK	Autodesk, Inc.	2,655	$635,607
DIAX	Nuveen Dow 30sm Dynamic Overwrite Fund	37,371	$570,281
G	Genpact LTD	14,741	$549,102
—		13,005	$456,996
LDOS	Leidos Holdings, Inc.	2,805	$436,233
PSIX	Power Solutions International, Inc.	6,581	$400,651
CTSH	Cognizant Technology Solutions Corp	6,342	$389,081
PAX	Patria Investments Ltd	30,143	$379,801
ITRI	Itron, Inc.	4,220	$378,238
—		7,454	$369,122
CRSP	CRISPR Therapeutics AG	7,298	$347,165
CXW	CoreCivic, Inc.	18,348	$346,960
AMT	American Tower Corp	1,935	$333,942
NICE	NICE Ltd.	2,864	$315,784
—		11,043	$313,952
ARCC	Ares Capital Corp	14,737	$265,560
QLYS	Qualys, Inc.	2,952	$259,333
ABNB	Airbnb, Inc.	2,006	$253,317
TFLR	T. Rowe Price Floating Rate ETF	4,697	$236,540
TSLL	Direxion Daily TSLA Bull 2X Shares	17,382	$211,191
CPT	Camden Property Trust	1,999	$195,222
QQQX	Nuveen NASDAQ 100 Dynamic Overwrite Fund	7,100	$189,357
IUSG	iShares Core S&P U.S. Growth ETF	1,208	$187,372
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

382 tracked positions · $638,256,046 total · filing declares 387 positions · $628,770,725 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 382 positions by value · page 1 of 8

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	178,292	-2,210	$51,590,573	+12.6%	26+	before history	8.08%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	252,440	-3,177	$37,017,801	+0.3%	26+	before history	5.80%
NVDA	Nvidia Corp Technology	Reduced	141,425	-1,185	$28,297,728	+13.8%	26+	before history	4.43%
MSFT	Microsoft Corp Technology	Added	47,497	+781	$17,717,330	+2.5%	26+	before history	2.78%
GOOG	Alphabet Inc. Communication Services	Reduced	41,490	-128	$14,659,661	+22.8%	26+	before history	2.30%
META	Meta Platforms, Inc. Communication Services	Reduced	25,339	-3,551	$14,273,205	−13.6%	26+	before history	2.24%
LLY	ELI LILLY & Co Healthcare	Reduced	11,607	-354	$13,921,785	+26.5%	26+	before history	2.18%
AMZN	Amazon Com Inc Consumer Cyclical	Added	41,210	+2,337	$9,821,991	+21.3%	26+	before history	1.54%
GOOGL	Alphabet Inc. Communication Services	Added	27,147	+1,569	$9,701,523	+31.9%	26+	before history	1.52%
JPM	Jpmorgan Chase & Co Financial Services	Added	27,555	+656	$9,019,578	+14.0%	26+	before history	1.41%
TSLA	Tesla, Inc. Consumer Cyclical	Added	20,910	+1,351	$8,794,746	+21.0%	26+	before history	1.38%
EXG	Eaton Vance Tax-Managed Global Diversified Equity Income Fund Financial Services	Reduced	834,092	-9,307	$8,182,442	+12.0%	26+	before history	1.28%
QUAL	iShares MSCI USA Quality Factor ETF	Reduced	33,986	-1,857	$7,457,547	+8.5%	25	unpriced	1.17%
AVGO	Broadcom Inc. Technology	Reduced	18,760	-16	$7,086,590	+21.9%	22	$121.59	1.11%
GGN	GAMCO Global Gold, Natural Resources & Income Trust Financial Services	Reduced	1,370,222	-6,314	$6,631,874	−9.4%	23	$3.82	1.04%
CHE	Chemed Corp Healthcare	Reduced	13,148	-1,299	$6,123,549	+12.2%	26+	before history	0.96%
JNJ	Johnson & Johnson Healthcare	Reduced	23,878	-2,988	$6,064,295	−7.7%	26+	before history	0.95%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Added	60,749	+307	$5,830,689	−23.1%	11	$110.79	0.91%
CRWD	CrowdStrike Holdings, Inc. Technology	Added	7,357	+1,290	$5,614,420	+137.0%	10	$444.50	0.88%
NEE	Nextera Energy Inc Utilities	Reduced	62,702	-183	$5,503,354	−5.8%	20	$61.45	0.86%
XOM	ExxonMobil Holdings Corp Energy	Added	39,982	+2	$5,466,339	−19.4%	26+	before history	0.86%
JGRO	JPMorgan Active Growth ETF	Reduced	54,796	-11,953	$5,402,337	−4.2%	9	$79.62	0.85%
AMD	Advanced Micro Devices Inc Technology	Added	9,153	+309	$5,317,069	+195.5%	26+	before history	0.83%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	10,461	-61	$5,234,579	+3.8%	26+	before history	0.82%
ASML	Asml Holding NV Technology	Reduced	2,558	-286	$5,088,987	+35.5%	7	$900.67	0.80%
QGRW	WisdomTree U.S. Quality Growth Fund	Added	76,884	+21,934	$5,076,650	+72.9%	3	unpriced	0.80%
ECAT	BlackRock ESG Capital Allocation Term Trust Financial Services	Reduced	296,032	-5,837	$4,653,623	+13.5%	6	$16.35	0.73%
VIG	Vanguard Specialized Funds	Reduced	19,419	-767	$4,594,923	+5.8%	8	$195.91	0.72%
IBM	International Business Machines Corp Technology	Added	15,975	+1,020	$4,492,329	+23.9%	26+	before history	0.70%
SHV	iShares 0-1 Year Treasury Bond ETF	Added	37,790	+14,930	$4,170,126	+65.3%	7	unpriced	0.65%
V	Visa Inc. Financial Services	Reduced	11,880	-311	$4,075,909	+10.6%	26+	before history	0.64%
CVX	Chevron Corp Energy	Added	22,968	+458	$3,807,175	−18.3%	26+	before history	0.60%
JPST	JPMorgan Ultra-Short Income ETF	Reduced	73,781	-36,838	$3,731,105	−33.4%	24	unpriced	0.58%
TBIL	F/m US Treasury 3 Month Bill Fund	Reduced	74,459	-2,444	$3,712,525	−3.2%	14	$49.95	0.58%
ACTG	Acacia Research Corp Industrials	Reduced	793,136	-45,733	$3,696,013	−8.4%	22	$5.45	0.58%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	10,093	-131	$3,559,599	+5.9%	26+	before history	0.56%
WMT	Walmart Inc. Consumer Defensive	Reduced	31,004	-144	$3,511,513	−9.3%	26+	before history	0.55%
LAR	Lithium Argentina AG Basic Materials	Added	411,408	+142,482	$3,402,344	+89.4%	6	$4.86	0.53%
HQL	abrdn Life Sciences Investors Financial Services	Added	165,243	+6,858	$3,306,512	+28.3%	6	$15.33	0.52%
SDVY	First Trust SMID Cap Rising Dividend Achievers ETF	Reduced	75,368	-2,300	$3,251,375	+6.2%	10	$33.79	0.51%
EVT	Eaton Vance Tax-Advantaged Dividend Income Fund Financial Services	Reduced	112,161	-1,531	$3,104,616	+11.2%	23	$27.58	0.49%
VRT	Vertiv Holdings Co Industrials	Added	8,964	+172	$3,001,326	+36.2%	4	$136.92	0.47%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	6,259	-784	$2,989,110	+25.6%	10	$238.42	0.47%
MO	Altria Group, Inc. Consumer Defensive	Added	41,143	+3,562	$2,960,238	+19.4%	26+	before history	0.46%
DELL	Dell Technologies Inc. Technology	Added	6,757	+10	$2,915,375	+163.3%	10	$125.26	0.46%
RBCAA	Republic Bancorp Inc Financial Services	Added	31,162	+190	$2,817,979	+29.0%	26+	before history	0.44%
IVV	iShares Core S&P 500 ETF	Reduced	3,566	-30	$2,670,541	+13.7%	25	unpriced	0.42%
FLUX	Flux Power Holdings, Inc. Industrials	Added	2,947,682	+85,680	$2,549,744	−16.7%	24	$6.03	0.40%
NEM	NEWMONT Corp Basic Materials	Added	27,283	+4,266	$2,548,232	+2.3%	22	$54.33	0.40%
AMAT	Applied Materials Inc Technology	Reduced	3,488	-1,100	$2,521,824	+60.8%	24	$146.47	0.40%

Showing the top 50 of 382 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.