Focus Financial Network, Inc.

CIK

2010942

Location

MINNEAPOLIS, MN

Portfolio Value

Mid $1,034,837,339

Diversification

Diversified

Filing Date

Global Rank

#1,473 / 8,232 ▲ 41

Top Industry

Semiconductors 34.5%

3Y Alpha vs SPY

+0.3%

Period ended 2 months ago

Filed Apr 14, 2026 · 2mo

24 quarters · since Mar 2020

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

+77.4%

SPY

+76.3%

Annualised alpha

+0.3%

Max drawdown

−22.1%

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

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

Top Position

27.3%

+0.6 pts

Top 5

53.5%

−0.0 pts

Top 10

63.7%

−1.0 pts

HHI

977

Diversified+20

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	44.4%	$459,358,143	56
Unclassified	15.4%	$158,904,147	12
Consumer Cyclical	8.2%	$84,628,289	24
Financial Services	7.9%	$81,857,757	53
Industrials	7.7%	$79,633,241	49
Healthcare	4.7%	$48,851,070	31
Communication Services	4.2%	$43,300,793	11
Consumer Defensive	2.8%	$28,978,056	17
Energy	1.7%	$17,901,146	22
Utilities	1.3%	$13,817,059	11
Basic Materials	0.9%	$8,879,876	13
Real Estate	0.8%	$8,727,762	14

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AEYE	Audioeye Inc	+16,850	90,380	$575,720
NMS	Nuveen Minnesota Quality Municipal Income Fund	+14,575	97,371	$1,186,952
SOUN	Soundhound Ai, Inc.	+13,788	39,713	$272,828
QBTS	D-Wave Quantum Inc.	+10,659	27,932	$403,058
SNBR	Sleep Number Corp	+10,000	20,633	$37,139
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+8,311	14,619	$4,940,491
SRV	NXG Cushing Midstream Energy Fund	+7,347	19,449	$865,286
ENB	Enbridge Inc	+6,506	24,444	$1,323,398
NFLX	Netflix Inc	+6,067	33,051	$3,177,853
IAU	Ishares Gold Trust	+5,919	40,752	$3,592,696
AMD	Advanced Micro Devices Inc	+5,176	11,951	$2,431,191
PHYS	Sprott Physical Gold Trust	+4,656	20,588	$729,638
SIVR	abrdn Silver ETF Trust	+4,054	9,348	$669,410
MAIN	Main Street Capital CORP	+4,021	42,819	$2,267,694
CCL	Carnival Corp Ltd.	+3,520	11,382	$294,566
EPR	Epr Properties	+3,402	40,861	$2,041,415
ACHR	Archer Aviation Inc.	+3,400	14,070	$72,741
PDI	PIMCO Dynamic Income Fund	+3,109	102,855	$1,759,849
VRT	Vertiv Holdings Co	+2,769	20,282	$5,082,263
SHOP	Shopify Inc.	+2,765	22,190	$2,632,177
APA	APA Corp	+2,577	13,502	$573,024
IONQ	IonQ, Inc.	+2,577	174,332	$5,025,991
SAR	Saratoga Investment Corp.	+1,721	21,176	$463,119
SCCO	Southern Copper Corp/	+1,612	4,306	$740,890
OTTR	Otter Tail Corp	+1,232	16,945	$1,487,262
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
QUBT	Quantum Computing Inc.	−205,827	181,395	$1,242,555
SMCI	Super Micro Computer, Inc.	−90,100	16,655	$379,234
PLTR	Palantir Technologies Inc.	−18,672	16,774	$2,453,700
SPY	Spdr S&P 500 ETF Trust	−14,994	38,873	$25,280,666
PFE	Pfizer Inc	−13,821	42,657	$1,197,808
NOW	ServiceNow, Inc.	−13,628	40,022	$4,184,300
GLDM	World Gold Trust	−13,234	15,734	$1,458,384
XEL	Xcel Energy Inc	−12,605	80,298	$6,378,873
GOOGL	Alphabet Inc.	−8,553	99,434	$28,593,241
BRK-B	Berkshire Hathaway Inc	−6,932	59,767	$28,640,346
APG	APi Group Corp	−6,819	58,731	$2,379,780
QQQ	Invesco Qqq Trust, Series 1	−6,586	159,390	$91,996,720
NVDA	Nvidia Corp	−6,538	1,622,094	$282,893,193
DSL	DoubleLine Income Solutions Fund	−5,247	15,988	$173,150
MMM	3M Co	−5,050	53,258	$7,734,659
ET	Energy Transfer LP	−4,834	21,132	$407,847
MSFT	Microsoft Corp	−4,338	62,326	$23,071,215
DBP	Invesco DB Precious Metals Fund	−4,202	3,895	$428,605
NU	Nu Holdings Ltd.	−4,083	11,355	$163,171
FAST	Fastenal Co	−4,057	64,455	$2,990,712
GLW	Corning Inc /Ny	−3,950	10,367	$1,409,600
BABA	Alibaba Group Holding Ltd	−3,843	4,547	$570,466
AAPL	Apple Inc.	−3,533	339,314	$86,114,500
GLD	Spdr Gold Trust	−3,430	30,094	$12,949,147
F	Ford Motor Co	−3,395	55,697	$642,743
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
SNDK	Sandisk Corp	15,293	$9,716,254
SE	Sea Ltd	8,543	$707,445
ONDS	Ondas Inc.	56,836	$513,797
BE	Bloom Energy Corp	3,696	$500,771
STX	Seagate Technology Holdings plc	1,100	$430,936
RBRK	Rubrik, Inc.	7,671	$375,648
DOW	Dow Inc.	8,537	$355,566
ZS	Zscaler, Inc.	2,496	$350,163
SNOW	Snowflake Inc.	2,196	$331,200
WTW	Willis Towers Watson PLC	1,108	$322,095
Q	Qnity Electronics, Inc.	2,357	$271,950
SOLS	Solstice Advanced Materials Inc.	3,551	$270,444
TTE	TotalEnergies SE	2,848	$259,111
CAG	Conagra Brands Inc.	15,167	$238,425
SNY	Sanofi	4,856	$233,962
PWR	Quanta Services, Inc.	411	$225,647
APD	Air Products & Chemicals, Inc.	774	$224,839
VRTS	Virtus Investment Partners, Inc.	1,602	$215,228
CQP	Cheniere Energy Partners, L.P.	3,228	$208,625
YUM	Yum Brands Inc	1,333	$207,254
AZN	Astrazeneca PLC	1,034	$203,925
NDSN	Nordson Corp	765	$203,535
MDB	MongoDB, Inc.	827	$202,424
IIPR	Innovative Industrial Properties Inc	3,994	$200,339
ADM	Archer-Daniels-Midland Co	2,752	$200,042
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
CRWV	CoreWeave, Inc.	7,825	$560,348
APTV	Aptiv PLC	6,165	$469,094
COF	Capital One Financial Corp	1,570	$380,505
NKE	NIKE, Inc.	5,949	$379,010
ACI	Albertsons Companies, Inc.	19,518	$335,124
XYZ	Block, Inc.	4,650	$302,668
BALL	BALL Corp	5,366	$284,237
LNTH	Lantheus Holdings, Inc.	4,256	$283,236
PAYC	Paycom Software, Inc.	1,751	$279,039
WDAY	Workday, Inc.	1,220	$262,031
HRB	H&R Block Inc	6,000	$261,480
SAP	Sap SE	1,026	$249,225
PDD	PDD Holdings Inc.	2,174	$246,509
OMC	Omnicom Group Inc.	3,049	$246,206
WELL	Welltower Inc.	1,301	$241,478
BAM	Brookfield Asset Management Ltd.	4,436	$232,402
FIS	Fidelity National Information Services, Inc.	3,452	$229,419
AXON	Axon Enterprise, Inc.	403	$228,875
TOL	Toll Brothers, Inc.	1,685	$227,845
GM	General Motors Co	2,781	$226,150
MGM	MGM Resorts International	6,139	$224,012
TFC	Truist Financial Corp	4,436	$218,295
KDP	Keurig Dr Pepper Inc.	7,784	$218,029
DNP	Dnp Select Income Fund Inc	21,687	$216,653
ALAB	Astera Labs, Inc.	1,275	$212,109
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

313 positions · $1,034,837,339 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 313 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	1,622,094	-6,538	$282,893,193	−6.9%	27.34%
QQQ	Invesco Qqq Trust, Series 1	Reduced	159,390	-6,586	$91,996,720	−9.8%	8.89%
AAPL	Apple Inc. Technology	Reduced	339,314	-3,533	$86,114,500	−7.6%	8.32%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	306,884	-2,583	$63,914,730	−10.5%	6.18%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	59,767	-6,932	$28,640,346	−14.6%	2.77%
GOOGL	Alphabet Inc. Communication Services	Reduced	99,434	-8,553	$28,593,241	−15.4%	2.76%
SPY	Spdr S&P 500 ETF Trust	Reduced	38,873	-14,994	$25,280,666	−31.2%	2.44%
MSFT	Microsoft Corp Technology	Reduced	62,326	-4,338	$23,071,215	−28.4%	2.23%
SGOL	abrdn Gold ETF Trust	Added	358,416	+272	$15,992,521	+8.7%	1.55%
GLD	Spdr Gold Trust	Reduced	30,094	-3,430	$12,949,147	−2.5%	1.25%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	10,263	-571	$10,226,361	+9.5%	0.99%
SNDK	Sandisk Corp Technology	NEW	15,293	NEW	$9,716,254	NEW	0.94%
UNH	Unitedhealth Group Inc Healthcare	Reduced	34,514	-3,238	$9,339,143	−25.1%	0.90%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	31,737	-1,163	$9,335,755	−11.9%	0.90%
NVT	nVent Electric plc Industrials	Reduced	73,475	-752	$8,690,623	+14.8%	0.84%
MMM	3M Co Industrials	Reduced	53,258	-5,050	$7,734,659	−17.1%	0.75%
CAT	Caterpillar Inc Industrials	Reduced	9,883	-641	$7,001,710	+16.1%	0.68%
JNJ	Johnson & Johnson Healthcare	Reduced	27,938	-2,954	$6,829,164	+6.8%	0.66%
AVGO	Broadcom Inc. Technology	Reduced	20,882	-2,895	$6,463,187	−21.5%	0.62%
XEL	Xcel Energy Inc Utilities	Reduced	80,298	-12,605	$6,378,873	−7.0%	0.62%
DAL	Delta Air Lines, Inc. Industrials	Added	95,575	+117	$6,353,826	−4.1%	0.61%
LLY	ELI LILLY & Co Healthcare	Reduced	6,892	-364	$6,339,054	−18.7%	0.61%
PNR	PENTAIR plc Industrials	Added	72,640	+1	$6,327,670	−16.4%	0.61%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	16,124	-991	$5,994,097	−22.1%	0.58%
META	Meta Platforms, Inc. Communication Services	Reduced	9,803	-193	$5,608,590	−15.0%	0.54%
VRT	Vertiv Holdings Co Industrials	Added	20,282	+2,769	$5,082,263	+79.1%	0.49%
IONQ	IonQ, Inc. Technology	Added	174,332	+2,577	$5,025,991	−34.8%	0.49%
WMT	Walmart Inc. Consumer Defensive	Reduced	39,776	-1,496	$4,943,361	+7.5%	0.48%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	14,619	+8,311	$4,940,491	+157.7%	0.48%
GS	Goldman Sachs Group Inc Financial Services	Reduced	5,631	-1,004	$4,763,769	−18.3%	0.46%
XOM	Exxon Mobil Corp Energy	Reduced	24,926	-2,189	$4,228,945	+29.6%	0.41%
NOW	ServiceNow, Inc. Technology	Reduced	40,022	-13,628	$4,184,300	−49.1%	0.40%
ABT	Abbott Laboratories Healthcare	Reduced	38,823	-1,049	$3,985,957	−20.2%	0.39%
ECL	Ecolab Inc. Basic Materials	Reduced	14,110	-254	$3,753,542	−0.5%	0.36%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	11,767	-624	$3,657,065	−3.4%	0.35%
HON	Honeywell International Inc Industrials	Reduced	16,054	-717	$3,628,685	+10.9%	0.35%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	45,267	-1,773	$3,603,705	−17.8%	0.35%
V	Visa Inc. Financial Services	Reduced	11,912	-420	$3,600,282	−16.8%	0.35%
IAU	Ishares Gold Trust	Added	40,752	+5,919	$3,592,696	+27.1%	0.35%
ABBV	AbbVie Inc. Healthcare	Reduced	16,477	-804	$3,583,582	−9.2%	0.35%
NFLX	Netflix Inc Communication Services	Added	33,051	+6,067	$3,177,853	+25.6%	0.31%
CVX	Chevron Corp Energy	Reduced	15,180	-2,094	$3,140,742	+19.3%	0.30%
FAST	Fastenal Co Industrials	Reduced	64,455	-4,057	$2,990,712	+8.8%	0.29%
MDT	Medtronic plc Healthcare	Reduced	32,907	-2,372	$2,851,391	−15.9%	0.28%
TGT	Target Corp Consumer Defensive	Reduced	22,690	-566	$2,750,028	+21.0%	0.27%
CSCO	Cisco Systems, Inc. Technology	Reduced	34,493	-2,597	$2,676,311	−6.3%	0.26%
SHOP	Shopify Inc. Technology	Added	22,190	+2,765	$2,632,177	−15.8%	0.25%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	7,862	-836	$2,585,733	−13.6%	0.25%
USB	US Bancorp De Financial Services	Reduced	49,543	-2,856	$2,576,731	−7.8%	0.25%
DCI	DONALDSON Co INC Industrials	Reduced	29,940	-2,361	$2,541,007	−11.3%	0.25%