Formidable Asset Management, LLC
Filing Date
Global Rank
#2,664
/ 8,605
▼ 109
· as of Mar 2026
Top Industry
Consumer Electronics
9.7%
3Y Alpha vs SPY
-6.6%
Period ended 3 months ago
Filed Apr 22, 2026 · 3mo
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+44.6%
SPY
+76.5%
Annualised alpha
-7.8%
Max drawdown
−18.1%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
292 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
9.5%
−0.5 pts
Top 5
29.3%
−0.9 pts
Top 10
38.0%
−1.2 pts
HHI
249
Diversified−10
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 27.9% | $134,318,572 |
| Financial Services | 16.3% | $78,710,272 |
| Consumer Defensive | 11.3% | $54,647,500 |
| Healthcare | 9.5% | $45,739,289 |
| Consumer Cyclical | 9.3% | $44,742,311 |
| Industrials | 7.8% | $37,371,596 |
| Communication Services | 6.2% | $29,945,685 |
| Energy | 4.9% | $23,452,222 |
| Utilities | 2.5% | $12,027,337 |
| Basic Materials | 2.0% | $9,516,542 |
| Unclassified | 1.7% | $8,301,266 |
| Real Estate | 0.7% | $3,385,979 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| HQL | abrdn Life Sciences Investors | +33,940 | 158,385 | $2,576,923 | |
| NFLX | Netflix Inc | +12,624 | 13,957 | $1,341,965 | |
| OGI | Organigram Global Inc. | +12,600 | 156,749 | $210,043 | |
| PETS | Petmed Express Inc | +12,141 | 105,201 | $239,858 | |
| BABA | Alibaba Group Holding Ltd | +11,663 | 60,442 | $7,583,053 | |
| EOT | Eaton Vance National Municipal Opportunities Trust | +11,083 | 42,683 | $730,732 | |
| NOW | ServiceNow, Inc. | +6,912 | 11,025 | $1,152,663 | |
| FAST | Fastenal Co | +6,802 | 23,720 | $1,100,608 | |
| ECAT | BlackRock ESG Capital Allocation Term Trust | +6,321 | 301,869 | $4,099,381 | |
| AMTM | Amentum Holdings, Inc. | +6,310 | 13,473 | $351,375 | |
| CORT | Corcept Therapeutics Inc | +5,450 | 11,681 | $470,861 | |
| PFE | Pfizer Inc | +4,632 | 51,077 | $1,434,242 | |
| CRSP | CRISPR Therapeutics AG | +3,650 | 7,298 | $347,165 | |
| BGR | BlackRock Energy & Resources Trust | +3,363 | 77,702 | $1,345,021 | |
| BSTZ | BlackRock Science & Technology Term Trust | +2,931 | 48,531 | $1,074,961 | |
| MO | Altria Group, Inc. | +2,887 | 37,581 | $2,479,970 | |
| PLTR | Palantir Technologies Inc. | +2,678 | 10,851 | $1,587,284 | |
| DOCU | Docusign, Inc. | +2,510 | 7,385 | $350,122 | |
| META | Meta Platforms, Inc. | +2,027 | 28,890 | $16,528,835 | |
| WFC | Wells Fargo & Company/Mn | +1,807 | 14,521 | $1,156,016 | |
| TLN | Talen Energy Corp | +1,293 | 4,641 | $1,481,546 | |
| ORCL | Oracle Corp | +970 | 14,590 | $2,146,334 | |
| SYF | Synchrony Financial | +905 | 12,027 | $818,076 | |
| CET | Central Securities Corp | +823 | 10,990 | $545,763 | |
| SBUX | Starbucks Corp | +760 | 13,000 | $1,164,670 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| FLUX | Flux Power Holdings, Inc. | −281,054 | 2,862,002 | $3,062,342 | |
| HUYA | HUYA Inc. | −113,048 | 146,004 | $481,813 | |
| LAC | Lithium Americas Corp. | −84,348 | 116,785 | $461,300 | |
| EXG | Eaton Vance Tax-Managed Global Diversified Equity Income Fund | −72,934 | 843,399 | $7,303,835 | |
| GGN | GAMCO Global Gold, Natural Resources & Income Trust | −57,281 | 1,376,536 | $7,323,171 | |
| LAR | Lithium Argentina AG | −46,495 | 268,926 | $1,796,425 | |
| ACTG | Acacia Research Corp | −31,962 | 838,869 | $4,034,959 | |
| BTE | Baytex Energy Corp. | −30,654 | 60,746 | $271,534 | |
| PG | PROCTER & GAMBLE Co | −28,918 | 255,617 | $36,921,319 | |
| CTMX | CytomX Therapeutics, Inc. | −27,500 | 18,263 | $85,836 | |
| EVT | Eaton Vance Tax-Advantaged Dividend Income Fund | −18,785 | 113,692 | $2,791,138 | |
| GDLC | Grayscale CoinDesk Crypto 5 ETF | −18,657 | 11,168 | $348,329 | |
| AMD | Advanced Micro Devices Inc | −17,596 | 8,844 | $1,799,134 | |
| INTC | Intel Corp | −16,500 | 7,103 | $313,455 | |
| AAPL | Apple Inc. | −15,589 | 180,502 | $45,809,602 | |
| AVK | Advent Convertible & Income Fund | −14,112 | 75,204 | $839,276 | |
| CRON | Cronos Group Inc. | −14,050 | 213,700 | $536,387 | |
| RPRX | Royalty Pharma plc | −11,768 | 43,969 | $2,109,192 | |
| XOM | Exxon Mobil Corp | −11,734 | 39,980 | $6,783,006 | |
| DELL | Dell Technologies Inc. | −11,713 | 6,747 | $1,107,385 | |
| ARCC | Ares Capital Corp | −9,457 | 14,737 | $265,560 | |
| SYY | Sysco Corp | −7,499 | 4,500 | $320,985 | |
| CTRA | Coterra Energy Inc. | −7,464 | 13,005 | $456,995 | |
| IBIT | iShares Bitcoin Trust ETF | −6,661 | 16,332 | $627,475 | |
| BCSF | Bain Capital Specialty Finance, Inc. | −6,500 | 15,247 | $189,062 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
15 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| BCAT | BlackRock Capital Allocation Term Trust | 65,921 | $931,463 | |
| O | Realty Income Corp | 12,676 | $775,517 | |
| RIVN | Rivian Automotive, Inc. / DE | 31,494 | $473,984 | |
| MTZ | Mastec Inc | 1,398 | $449,792 | |
| VEEV | Veeva Systems Inc | 2,290 | $402,261 | |
| PSIX | Power Solutions International, Inc. | 6,581 | $400,651 | |
| ATAT | Atour Lifestyle Holdings Ltd | 10,437 | $384,185 | |
| FCX | Freeport-Mcmoran Inc | 4,314 | $253,576 | |
| SCCO | Southern Copper Corp/ | 1,400 | $240,884 | |
| CRDO | Credo Technology Group Holding Ltd | 2,309 | $216,745 | |
| C | Citigroup Inc | 1,877 | $212,870 | |
| TDOC | Teladoc Health, Inc. | 21,930 | $119,518 | |
| UAA | Under Armour, Inc. | 11,325 | $66,930 | |
| HELP | Cybin Inc. | 10,649 | $51,115 | |
| AEON | AEON Biopharma, Inc. | 20,024 | $19,723 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| DCI | DONALDSON Co INC | 18,554 | $1,644,997 | |
| IREN | IREN Ltd | 31,536 | $1,191,114 | |
| VFF | Village Farms International, Inc. | 196,600 | $717,590 | |
| AXTI | Axt Inc | 42,475 | $694,466 | |
| CIFR | Cipher Digital Inc. | 44,623 | $658,635 | |
| DOX | Amdocs Ltd | 7,569 | $609,380 | |
| MKTX | Marketaxess Holdings Inc | 2,963 | $537,043 | |
| HURN | Huron Consulting Group Inc. | 2,782 | $481,035 | |
| COIN | Coinbase Global, Inc. | 2,074 | $469,014 | |
| SHAK | Shake Shack Inc. | 5,417 | $439,697 | |
| ASR | Southeast Airport Group | 1,321 | $427,211 | |
| GNTX | Gentex Corp | 17,127 | $398,545 | |
| ADT | ADT Inc. | 48,268 | $389,522 | |
| HOOD | Robinhood Markets, Inc. | 3,356 | $379,563 | |
| PINS | Pinterest, Inc. | 14,400 | $372,816 | |
| RIOT | Riot Platforms, Inc. | 25,655 | $325,048 | |
| FISV | Fiserv Inc | 3,966 | $266,396 | |
| CLSK | Cleanspark, Inc. | 24,448 | $247,413 | |
| MAR | Marriott International Inc /Md/ | 785 | $243,538 | |
| BMNR | Bitmine Immersion Technologies, Inc. | 8,705 | $236,340 | |
| MDLZ | Mondelez International, Inc. | 4,088 | $220,057 | |
| GIS | General Mills Inc | 4,242 | $197,253 | |
| ATR | Aptargroup, Inc. | 1,593 | $194,282 | |
| CARR | CARRIER GLOBAL Corp | 3,466 | $183,143 | |
| GPC | Genuine Parts Co | 1,482 | $182,226 | |
| No positions match the current search. | ||||
292 positions ·
$482,158,571 total
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 292 positions by value
· page 1 of 6
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AAPL |
Apple Inc.
Technology
|
Reduced | 180,502 | $45,809,602 | 9.50% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Reduced | 255,617 | $36,921,319 | 7.66% | |
| NVDA |
Nvidia Corp
Technology
|
Reduced | 142,610 | $24,871,184 | 5.16% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 46,716 | $17,292,861 | 3.59% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 28,890 | $16,528,835 | 3.43% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Reduced | 11,961 | $11,001,368 | 2.28% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 38,873 | $8,096,079 | 1.68% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 26,899 | $7,912,609 | 1.64% | |
| BABA |
Alibaba Group Holding Ltd
Consumer Cyclical
|
Added | 60,442 | $7,583,053 | 1.57% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 25,578 | $7,355,209 | 1.53% | |
| GGN |
GAMCO Global Gold, Natural Resources & Income Trust
Financial Services
|
Reduced | 1,376,536 | $7,323,171 | 1.52% | |
| EXG |
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
Financial Services
|
Reduced | 843,399 | $7,303,835 | 1.51% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Added | 19,559 | $7,271,058 | 1.51% | |
| XOM |
Exxon Mobil Corp
Energy
|
Reduced | 39,980 | $6,783,006 | 1.41% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 26,866 | $6,567,125 | 1.36% | |
| NEE |
Nextera Energy Inc
Utilities
|
Reduced | 62,885 | $5,840,758 | 1.21% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 18,776 | $5,811,359 | 1.21% | |
| CHE |
Chemed Corp
Healthcare
|
Reduced | 14,447 | $5,457,209 | 1.13% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Added | 10,522 | $5,042,142 | 1.05% | |
| CVX |
Chevron Corp
Energy
|
Reduced | 22,510 | $4,657,319 | 0.97% | |
| ECAT |
BlackRock ESG Capital Allocation Term Trust
Financial Services
|
Added | 301,869 | $4,099,381 | 0.85% | |
| ACTG |
Acacia Research Corp
Industrials
|
Reduced | 838,869 | $4,034,959 | 0.84% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Reduced | 31,148 | $3,871,073 | 0.80% | |
| ASML |
Asml Holding NV
Technology
|
Reduced | 2,844 | $3,756,440 | 0.78% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 12,191 | $3,684,607 | 0.76% | |
| IBM |
International Business Machines Corp
Technology
|
Added | 14,955 | $3,624,942 | 0.75% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Reduced | 23,011 | $3,573,378 | 0.74% | |
| MCD |
Mcdonalds Corp
Consumer Cyclical
|
Added | 11,264 | $3,500,738 | 0.73% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Reduced | 10,224 | $3,362,571 | 0.70% | |
| FLUX |
Flux Power Holdings, Inc.
Industrials
|
Reduced | 2,862,002 | $3,062,342 | 0.64% | |
| VZ |
Verizon Communications Inc
Communication Services
|
Reduced | 58,157 | $2,919,481 | 0.61% | |
| EVT |
Eaton Vance Tax-Advantaged Dividend Income Fund
Financial Services
|
Reduced | 113,692 | $2,791,138 | 0.58% | |
| HQL |
abrdn Life Sciences Investors
Financial Services
|
Added | 158,385 | $2,576,923 | 0.53% | |
| NEM |
NEWMONT Corp /DE/
Basic Materials
|
Reduced | 23,017 | $2,491,590 | 0.52% | |
| MO |
Altria Group, Inc.
Consumer Defensive
|
Added | 37,581 | $2,479,970 | 0.51% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Reduced | 7,043 | $2,380,181 | 0.49% | |
| ADBE |
Adobe Inc.
Technology
|
Reduced | 9,760 | $2,372,460 | 0.49% | |
| VKTX |
Viking Therapeutics, Inc.
Healthcare
|
Reduced | 67,886 | $2,209,010 | 0.46% | |
| VRT |
Vertiv Holdings Co
Industrials
|
Reduced | 8,792 | $2,203,099 | 0.46% | |
| RBCAA |
Republic Bancorp Inc /Ky/
Financial Services
|
Added | 30,972 | $2,185,074 | 0.45% | |
| ORCL |
Oracle Corp
Technology
|
Added | 14,590 | $2,146,334 | 0.45% | |
| RPRX |
Royalty Pharma plc
Healthcare
|
Reduced | 43,969 | $2,109,192 | 0.44% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Reduced | 9,631 | $2,094,646 | 0.43% | |
| DE |
Deere & Co
Industrials
|
Reduced | 3,718 | $2,094,349 | 0.43% | |
| BAC |
Bank Of America Corp /De/
Financial Services
|
Reduced | 41,891 | $2,042,186 | 0.42% | |
| GD |
General Dynamics Corp
Industrials
|
Reduced | 5,901 | $2,025,341 | 0.42% | |
| EOG |
Eog Resources Inc
Energy
|
Reduced | 12,848 | $1,857,435 | 0.39% | |
| AMGN |
Amgen Inc
Healthcare
|
Reduced | 5,196 | $1,828,212 | 0.38% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Reduced | 8,844 | $1,799,134 | 0.37% | |
| EXPE |
Expedia Group, Inc.
Consumer Cyclical
|
Reduced | 7,787 | $1,797,940 | 0.37% |