THEORY FINANCIAL LLC

CIK

1899158

Location

FORT COLLINS, CO

Portfolio Value

Micro $15,453,015

Diversification

Moderately concentrated

Filing Date

Global Rank

#7,529 / 8,232 ▲ 178

Top Industry

Oil & Gas Integrated 16.6%

3Y Alpha vs SPY

-4.8%

Period ended 2 months ago

Filed May 5, 2026 · 40d

17 quarters · since Dec 2021

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+56.1%

SPY

+76.3%

Annualised alpha

-4.8%

Max drawdown

−15.9%

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

18 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

41.8%

+15.4 pts

Top 5

68.8%

+4.4 pts

Top 10

86.1%

+5.6 pts

HHI

2,030

Moderately concentrated+852

Portfolio Trend

17 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	64.3%	$9,932,368	5
Healthcare	9.1%	$1,413,062	3
Technology	8.3%	$1,284,255	4
Energy	5.9%	$918,240	2
Financial Services	5.6%	$862,277	2
Communication Services	3.8%	$580,871	1
Consumer Cyclical	3.0%	$461,942	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
GLD	Spdr Gold Trust	+3,900	15,010	$6,458,652
NVDA	Nvidia Corp	+79	1,392	$242,764
LLY	ELI LILLY & Co	+79	326	$299,845
MSFT	Microsoft Corp	+69	781	$289,102
No positions match the current search.

Trimmed

Positions the filer reduced

5 positions

Ticker	Company	Δ Shares	Shares	Value
GLDM	World Gold Trust	−12,949	6,904	$639,931
BTC	Grayscale Bitcoin Mini Trust ETF	−11,066	48,476	$1,453,795
CVX	Chevron Corp	−575	1,828	$378,213
AVGO	Broadcom Inc.	−45	809	$250,393
SPY	Spdr S&P 500 ETF Trust	−15	1,806	$1,174,514
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
IAU	Ishares Gold Trust	4,234	$343,673
EXAS	EXACT SCIENCES CORP	2,498	$253,696
META	Meta Platforms, Inc.	320	$211,228
FGDL	Franklin Templeton Holdings Trust	3,160	$182,016
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

18 positions · $15,453,015 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Energy Financial Services Healthcare Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GLD	Spdr Gold Trust	Added	15,010	+3,900	$6,458,652	+46.7%	41.80%
BTC	Grayscale Bitcoin Mini Trust ETF	Reduced	48,476	-11,066	$1,453,795	−37.0%	9.41%
SPY	Spdr S&P 500 ETF Trust	Reduced	1,806	-15	$1,174,514	−5.4%	7.60%
ALNY	Alnylam Pharmaceuticals, Inc. Healthcare	Held	2,744	0	$907,907	−16.8%	5.88%
GLDM	World Gold Trust	Reduced	6,904	-12,949	$639,931	−62.2%	4.14%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	1,223	0	$586,061	−4.7%	3.79%
GOOGL	Alphabet Inc. Communication Services	Held	2,020	0	$580,871	−8.1%	3.76%
XOM	Exxon Mobil Corp Energy	Held	3,183	0	$540,027	+41.0%	3.49%
AAPL	Apple Inc. Technology	Held	1,978	0	$501,996	−6.6%	3.25%
AMZN	Amazon Com Inc Consumer Cyclical	Held	2,218	0	$461,942	−9.8%	2.99%
CVX	Chevron Corp Energy	Reduced	1,828	-575	$378,213	+3.3%	2.45%
LLY	ELI LILLY & Co Healthcare	Added	326	+79	$299,845	+13.0%	1.94%
MSFT	Microsoft Corp Technology	Added	781	+69	$289,102	−16.0%	1.87%
JPM	Jpmorgan Chase & Co Financial Services	Held	939	0	$276,216	−8.7%	1.79%
AVGO	Broadcom Inc. Technology	Reduced	809	-45	$250,393	−15.3%	1.62%
NVDA	Nvidia Corp Technology	Added	1,392	+79	$242,764	−0.9%	1.57%
QQQ	Invesco Qqq Trust, Series 1	Held	356	0	$205,476	−6.0%	1.33%
ABBV	AbbVie Inc. Healthcare	Held	944	0	$205,310	−4.8%	1.33%