Foundations Investment Advisors, LLC

Registered adviser

CIK

1743404

Location

PHOENIX, AZ

Portfolio Value

Mid $9,658,057,396

Diversification

Diversified

Reports for

MILESTONE ASSET MANAGEMENT, LLC Elite Income Advisors, Inc. RWM Capital, LLC Diversified Planning Strategies Advisors LLC DONATO WEALTH MANAGEMENT, PLLC Orion Porfolio Solutions, LLC

Files via

BlackRock, Inc. SpiderRock Advisors, LLC

Filing Date

Global Rank

#557 / 8,826 ▲ 28

Top Industry

Semiconductors 9.8%

Period ended 4 months ago

Filed Aug 14, 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, Nov 1, 2026

Form ADV adviser

CRD 175083

Roster of Nov 1, 2026

Regulatory AUM

$10,097,715,159

Main clients

Individuals and high net worth (100% of AUM)

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 Nov 2026	$10,097,715,159	Individuals and high net worth (100%)
Apr 2025 to Mar 2026	$7,184,472,288	Individuals and high net worth (99%)
Nov 2024 to Mar 2025	$6,709,525,290	Individuals and high net worth (100%)
Sep 2024 to Oct 2024	$6,302,838,423	Individuals and high net worth (100%)
Apr 2024 to Aug 2024	$5,442,145,599	Individuals and high net worth (100%)
Nov 2023 to Mar 2024	$4,694,256,189	Individuals and high net worth (100%)

7 earlier changes not shown.

Schedule 13D/13G stakes

Stakes of 5% or more disclosed on Schedule 13D or 13G, each on the filer's latest filing for the security. These are event-dated stakes, not the quarter-end 13F portfolio below.

Company	Schedule	Event date	Filed	Shares	% of class	Change	Status
AFIF now AESR Two Roads Shared Trust	13G/A	Sep 30, 2025	1y	979,021	6.4%	-187,060 since Jun 30, 2025	Current
BFAP now ACYN First Trust Exchange-Traded Fund	13G	Sep 30, 2025	1y	12,129	12.1%	—	Current
CAPE DoubleLine ETF Trust	13G	Sep 30, 2025	1y	514,499	5.1%	—	Current
DCMT now CAPE DoubleLine ETF Trust	13G/A	Sep 30, 2025	1y	618,117	77.3%	+9,634 since Jun 30, 2025	Current
DFVE now CAPE DoubleLine ETF Trust	13G/A	Sep 30, 2025	1y	327,014	60.6%	+35,439 since Aug 31, 2025	Current
FLRT now AAAP Pacer Funds Trust	13G/A	Sep 30, 2025	1y	715,619	5.9%	-85,780 since Jun 30, 2025	Current
SCIO now CAAA First Trust Exchange-Traded Fund IV	13G	Sep 30, 2025	1y	194,909	6.7%	—	Current
STOT now ALLW SSGA Active Trust	13G/A	Sep 30, 2025	1y	320,478	5.3%	-70,851 since Jun 30, 2025	Current
TDSB now AMOM Exchange Listed Funds Trust	13G/A	Sep 30, 2025	1y	1,807,960	66.4%	-271,989 since Jun 30, 2025	Current
XIDE now AFGR First Trust Exchange-Traded Fund VIII	13G/A	Sep 30, 2025	1y	51,369	6.6%	-14,113 since Mar 31, 2025	Current
XISE now AFGR First Trust Exchange-Traded Fund VIII	13G/A	Sep 30, 2025	1y	533,559	27%	-203,528 since Jun 30, 2025	Current
XTJL now AAPR Innovator ETFs Trust	13G/A	Sep 30, 2025	1y	31,012	6.9%	-1,430 since Jun 30, 2025	Current
CLSM now AMOM Exchange Listed Funds Trust	13G/A	Jun 30, 2025	1y	27,728,624	61.3%	-7,472,016 since Nov 30, 2024	Current
DCRE now CAPE DoubleLine ETF Trust	13G	Jun 30, 2025	1y	331,884	5.5%	—	Current
DMX now CAPE DoubleLine ETF Trust	13G/A	Jun 30, 2025	1y	134,630	14.6%	+25,381 since May 31, 2025	Current
TDSC now AMOM Exchange Listed Funds Trust	13G/A	Jun 30, 2025	1y	3,691,152	60.6%	-455,341 since Mar 31, 2025	Current
VFMV now VFMF Vanguard Wellington Fund	13G/A	Mar 31, 2025	1y	133,685	6.9%	+32,486 since Dec 31, 2024	Current

A 13D or 13G stays in force until its filer amends it and no amendment is due without a material change, so a stake with no filing in 24 months reads unconfirmed, never sold. An amendment reporting under 5% ends the filer's duty to amend, not necessarily the holding. Shares are restated onto today's split basis. Show 5 exited, below-5% or retired stakes

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 48.9%, 13.1 effective positions, active share 67.0% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

41.5% over the last four quarters (30% to under 100%)

Horizon

Long horizon

Value-weighted holding period 15.1 quarters (12+), a floor since 14.1% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 67.0%; sector active share 55.4% 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

1,192 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

25.5%

+0.5 pts

Top 5

39.8%

+0.5 pts

Top 10

48.9%

+0.6 pts

HHI

762

Diversified+32

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	68.2%	$6,588,558,736	623
Technology	10.3%	$996,881,254	105
Financial Services	6.8%	$657,306,078	120
Industrials	2.7%	$261,831,676	76
Communication Services	2.7%	$256,609,803	19
Healthcare	1.8%	$177,852,172	47
Consumer Cyclical	1.8%	$170,612,078	41
Energy	1.6%	$150,375,832	32
Consumer Defensive	1.4%	$135,642,275	33
Utilities	1.3%	$126,688,654	32
Basic Materials	1.2%	$115,492,841	34
Real Estate	0.2%	$20,205,997	30

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
GOVT	iShares U.S. Treasury Bond ETF	+1,311,628	2,945,895	$67,107,486
IUSB	iShares Core Universal USD Bond ETF	+1,217,679	4,994,324	$230,488,051
MP	MP Materials Corp.	+802,545	819,308	$45,889,438
VUG	VANGUARD GROWTH INDEX FUND	+550,291	658,936	$56,760,747
EFG	iShares MSCI EAFE Growth ETF	+389,279	624,359	$77,682,746
IDEF		+340,886	2,112,012	$67,119,740
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	+338,476	1,602,607	$171,687,286
CORO		+312,381	3,464,938	$126,816,729
PDBC	Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	+290,388	339,510	$5,391,418
DYNF	iShares U.S. Equity Factor Rotation Active ETF	+277,303	2,970,337	$202,012,617
IVV	iShares Core S&P 500 ETF	+261,891	490,520	$367,345,521
PHYS	Sprott Physical Gold Trust	+247,898	276,021	$8,327,553
INFQ	Infleqtion, Inc.	+215,944	445,956	$5,940,132
SPHY	State Street(R) SPDR(R) Portfolio High Yield Bond ETF	+202,910	579,909	$13,593,064
DBND	DoubleLine Opportunistic Core Bond ETF	+195,601	1,162,917	$53,018,547
SHV	iShares 0-1 Year Treasury Bond ETF	+193,745	587,723	$64,855,230
MGK	VANGUARD MEGA CAP GROWTH INDEX FUND	+163,615	201,280	$17,694,523
VCR	VANGUARD CONSUMER DISCRETIONARY INDEX FUND	+160,121	161,278	$63,964,467
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	+157,322	179,282	$21,427,784
CAPE	DoubleLine ETF Trust	+156,140	888,523	$28,821,908
DCRE	DoubleLine Commercial Real Estate Debt ETF	+148,625	934,014	$48,386,593
BKLN	Invesco Ltd.	+144,273	648,495	$13,209,843
VALE	Vale S.A.	+139,493	1,501,100	$22,576,542
IVW	iShares S&P 500 Growth ETF	+133,894	2,410,689	$331,542,057
—		+131,317	731,008	$105,893,818
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
EFV	iShares MSCI EAFE Value ETF	−1,033,928	925,724	$70,864,172
IAGG	iShares Core International Aggregate Bond ETF	−728,168	9,126	$461,775
IHE	iShares U.S. Pharmaceuticals ETF	−685,245	4,029	$398,911
QUAL	iShares MSCI USA Quality Factor ETF	−406,110	191,546	$42,030,938
IEMG	iShares Trust	−381,842	1,260,159	$104,391,571
BAI	BlackRock ETF Trust	−263,871	2,163,848	$114,078,065
MLPA	Global X MLP ETF	−261,913	6,416	$340,561
—		−241,926	841,692	$77,132,652
XLU	State Street(R) Utilities Select Sector SPDR(R) ETF	−232,123	120,923	$5,482,648
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	−204,950	16,362	$1,918,935
OMEX	Odyssey Marine Exploration Inc	−155,500	28,250	$24,012
CLSM	ETC Cabana Target Leading Sector Moderate ETF	−138,975	2,211,857	$60,938,871
TDSC	ETC Cabana Target Drawdown 10 ETF	−136,318	2,369,018	$65,737,880
CIEN	Ciena Corp	−130,384	126,114	$61,866,483
BMNU	T-REX 2X Long BMNR Daily Target ETF	−122,000	121,000	$0
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	−116,305	183,749	$9,758,909
SLV	iShares Silver Trust	−113,302	347,018	$18,555,052
IEF	iShares 7-10 Year Treasury Bond ETF	−98,961	72,632	$6,868,807
MTUM	iShares MSCI USA Momentum Factor ETF	−88,335	352,034	$120,687,816
ETHU	2x Ether ETF	−88,000	35,000	$399,350
C	Citigroup Inc	−87,927	529,688	$74,135,130
ARQQW	Arqit Quantum Inc.	−84,811	2,953,810	$211,197
XLF	State Street Corp	−78,370	152,979	$8,201,204
TDSB	ETC Cabana Target Beta ETF	−75,194	1,297,354	$31,840,958
THRO		−69,597	1,781,807	$76,813,699
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AESR	Two Roads Shared Trust	9,388,555	$194,812,515
HBTA	Horizon Expedition Plus ETF	2,516,378	$82,260,396
IALT		2,729,797	$76,570,804
GGOV		672,685	$33,829,327
CBRS	Cerebras Systems Inc.	152,080	$33,609,680
ECHO	EchoStar CORP	291,445	$29,581,667
JULU	AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF	692,163	$22,210,126
XHB	State Street(R) SPDR(R) S&P(R) Homebuilders ETF	174,752	$20,194,340
SFTY	Horizon Managed Risk ETF	644,442	$19,823,035
IYT	iShares U.S. Transportation ETF	200,665	$17,407,688
IYM	iShares U.S. Basic Materials ETF	91,995	$16,515,861
DSCO		269,417	$6,716,565
SII	Sprott Inc.	33,318	$3,743,277
UUP	Invesco DB US Dollar Index Bullish Fund	119,686	$3,400,279
PAVE	Global X U.S. Infrastructure Development ETF	38,802	$2,286,213
IAK	iShares U.S. Insurance ETF	15,110	$2,123,861
DBJP	Xtrackers MSCI Japan Hedged Equity ETF	18,372	$2,108,921
—		20,823	$2,106,038
BUXX	Strive Enhanced Income Short Maturity ETF	104,020	$2,105,364
PTY	Pimco Corporate & Income Opportunity Fund	143,700	$1,728,711
FXH	First Trust Health Care AlphaDEX Fund	14,014	$1,715,313
TXG	10x Genomics, Inc.	41,989	$1,609,858
ACYN	First Trust Exchange-Traded Fund	74,187	$1,542,347
PGR	Progressive Corp	6,590	$1,439,585
CPAI	Northern Lights Fund Trust III	25,809	$1,341,035
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
IHI	iShares U.S. Medical Devices ETF	314,604	$16,784,122
FIG	Figma, Inc.	597,187	$12,624,532
XTL	State Street(R) SPDR(R) S&P(R) Telecom ETF	33,134	$6,231,180
PDBA		141,880	$5,174,363
IBND	State Street(R) SPDR(R) Bloomberg International Corporate Bond ETF	101,134	$3,143,244
WEAT		121,954	$2,874,455
NORW	Global X MSCI Norway ETF	69,945	$2,672,598
—		187,588	$2,641,239
AMLP	Alerian MLP ETF	46,728	$2,459,761
CORN		132,882	$2,445,028
TPYP	Tortoise North American Pipeline ETF	56,275	$2,383,809
EQRR	ProShares Equities for Rising Rates ETF	33,688	$2,341,956
OIH	VanEck Oil Services ETF	5,771	$2,332,695
DKNG	DraftKings Inc.	103,247	$2,232,200
CTA	EIDP, Inc.	59,311	$1,792,378
FIVE	Five Below, Inc	3,878	$886,045
DK	Delek US Holdings, Inc.	18,267	$823,293
FCFS	FirstCash Holdings, Inc.	4,340	$815,920
GEL	Genesis Energy LP	44,854	$799,746
XDSQ		19,936	$789,146
COM	Direxion Auspice Broad Commodity Strategy ETF	23,501	$788,928
QPX	AdvisorShares Q Dynamic Growth ETF	17,480	$740,138
OILK	ProShares K-1 Free Crude Oil ETF	13,332	$721,261
AGOX	Starboard Investment Trust	27,031	$719,565
XDQQ		19,377	$716,852
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,192 tracked positions · $9,658,057,396 total · filing declares 1,687 positions · $9,715,142,547 · 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 1,192 positions by value · page 1 of 24

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
IVV	iShares Core S&P 500 ETF	Added	490,520	+261,891	$367,345,521	+146.0%	25	unpriced	3.80%
IVW	iShares S&P 500 Growth ETF	Added	2,410,689	+133,894	$331,542,057	+28.7%	16	unpriced	3.43%
IVE	iShares S&P 500 Value ETF	Added	1,225,561	+113,911	$278,275,880	+18.6%	12	unpriced	2.88%
SOXX	iShares Semiconductor ETF	Reduced	364,192	-52,001	$233,359,665	+70.6%	5	unpriced	2.42%
IUSB	iShares Core Universal USD Bond ETF	Added	4,994,324	+1,217,679	$230,488,051	+32.1%	22	unpriced	2.39%
DYNF	iShares U.S. Equity Factor Rotation Active ETF	Added	2,970,337	+277,303	$202,012,617	+28.9%	11	$48.67	2.09%
AESR	Two Roads Shared Trust	NEW	9,388,555	NEW	$194,812,515	NEW	1	$19.37	2.02%
NVDA	Nvidia Corp Technology	Added	900,603	+58,630	$180,201,650	+22.7%	20	unpriced	1.87%
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	Added	1,602,607	+338,476	$171,687,286	+22.5%	16	unpriced	1.78%
AAPL	Apple Inc. Technology	Added	469,893	+28,363	$135,968,235	+21.3%	26+	before history	1.41%
CORO		Added	3,464,938	+312,381	$126,816,729	+25.1%	2	$33.16	1.31%
MTUM	iShares MSCI USA Momentum Factor ETF	Reduced	352,034	-88,335	$120,687,816	+14.2%	25	unpriced	1.25%
BAI	BlackRock ETF Trust	Reduced	2,163,848	-263,871	$114,078,065	+42.6%	5	$29.46	1.18%
GOOGL	Alphabet Inc. Communication Services	Added	315,544	+48,608	$112,765,956	+46.9%	26+	before history	1.17%
		Added	731,008	+131,317	$105,893,818	+46.4%	6	$143.01	1.10%
IEMG	iShares Trust	Reduced	1,260,159	-381,842	$104,391,571	—	21	unpriced	1.08%
MSFT	Microsoft Corp Technology	Added	269,741	+29,427	$100,618,785	+13.1%	26+	before history	1.04%
VRT	Vertiv Holdings Co Industrials	Added	300,489	+34,441	$100,609,723	+50.9%	8	$132.25	1.04%
HBTA	Horizon Expedition Plus ETF	NEW	2,516,378	NEW	$82,260,396	NEW	1	$31.21	0.85%
SPY	Spdr S&P 500 ETF Trust	Reduced	109,293	-25,301	$81,616,731	−6.8%	26+	before history	0.85%
QQQ	Invesco Qqq Trust, Series 1	Reduced	110,120	-9,191	$81,092,366	+17.8%	26+	before history	0.84%
MS	Morgan Stanley Financial Services	Added	378,795	+28,948	$79,183,305	+37.5%	23	$134.61	0.82%
LLY	ELI LILLY & Co Healthcare	Added	65,706	+6,366	$78,809,752	+44.4%	22	$758.20	0.82%
EFG	iShares MSCI EAFE Growth ETF	Added	624,359	+389,279	$77,682,746	+196.7%	25	unpriced	0.80%
		Reduced	841,692	-241,926	$77,132,652	−22.3%	26+	before history	0.80%
THRO		Reduced	1,781,807	-69,597	$76,813,699	+14.5%	6	$34.16	0.80%
IALT		NEW	2,729,797	NEW	$76,570,804	NEW	1	$28.05	0.79%
ASML	Asml Holding NV Technology	Added	38,247	+2,000	$76,090,106	+58.9%	18	$826.16	0.79%
AMZN	Amazon Com Inc Consumer Cyclical	Added	312,133	+12,516	$74,393,777	+19.2%	26+	before history	0.77%
JPM	Jpmorgan Chase & Co Financial Services	Added	226,670	+15,922	$74,195,887	+19.7%	26+	before history	0.77%
C	Citigroup Inc Financial Services	Reduced	529,688	-87,927	$74,135,130	+5.8%	17	$71.30	0.77%
GS	Goldman Sachs Group Inc Financial Services	Added	72,064	+5,143	$72,883,366	+28.7%	17	$664.76	0.75%
EFV	iShares MSCI EAFE Value ETF	Reduced	925,724	-1,033,928	$70,864,172	−51.4%	22	unpriced	0.73%
DFAC	Dimensional U.S. Core Equity 2 ETF	Added	1,592,347	+76,069	$70,636,511	+19.9%	21	unpriced	0.73%
IDEF		Added	2,112,012	+340,886	$67,119,740	+15.8%	2	$34.54	0.69%
GOVT	iShares U.S. Treasury Bond ETF	Added	2,945,895	+1,311,628	$67,107,486	+79.2%	25	unpriced	0.69%
TDSC	ETC Cabana Target Drawdown 10 ETF	Reduced	2,369,018	-136,318	$65,737,880	+0.9%	23	unpriced	0.68%
SHV	iShares 0-1 Year Treasury Bond ETF	Added	587,723	+193,745	$64,855,230	+49.1%	16	unpriced	0.67%
VCR	VANGUARD CONSUMER DISCRETIONARY INDEX FUND	Added	161,278	+160,121	$63,964,467	+15298.4%	6	unpriced	0.66%
VOO	VANGUARD 500 INDEX FUND	Added	90,423	+5,445	$62,103,419	+22.3%	21	unpriced	0.64%
HOOD	Robinhood Markets, Inc. Financial Services	Reduced	619,285	-26,681	$62,101,897	+38.7%	6	$68.24	0.64%
CIEN	Ciena Corp Technology	Reduced	126,114	-130,384	$61,866,483	−37.9%	6	$83.89	0.64%
GLD	Spdr Gold Trust	Reduced	166,480	-33,872	$61,327,900	−28.9%	24	$211.26	0.63%
CLSM	ETC Cabana Target Leading Sector Moderate ETF	Reduced	2,211,857	-138,975	$60,938,871	+11.6%	20	unpriced	0.63%
VUG	VANGUARD GROWTH INDEX FUND	Added	658,936	+550,291	$56,760,747	+19.6%	19	unpriced	0.59%
DBND	DoubleLine Opportunistic Core Bond ETF	Added	1,162,917	+195,601	$53,018,547	+19.6%	9	$46.12	0.55%
MBB	iShares MBS ETF	Added	559,163	+58,645	$52,852,085	+11.2%	23	unpriced	0.55%
IAU	Ishares Gold Trust	Added	691,008	+65,382	$52,178,012	−5.4%	26+	before history	0.54%
ICF	iShares Select U.S. REIT ETF	Added	763,220	+62,419	$51,616,566	+19.0%	25	unpriced	0.53%
DCOR	Dimensional ETF Trust	Added	624,972	+30,958	$51,235,204	+19.7%	4	$72.38	0.53%

Showing the top 50 of 1,192 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.