Fortitude Financial, LLC

Registered adviser

CIK

2066105

Location

Spokane, WA

Portfolio Value

Small $208,470,250

Diversification

Moderately concentrated

Filing Date

Global Rank

#8,152 / 8,815 ▼ 1959 · as of Jun 2026

Top Industry

REIT - Mortgage 19.4%

3Y Alpha vs SPY

+1.0%

Period ended 23 days ago

Filed Oct 19, 2026 · 4d

8 quarters · since Dec 2024

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 313235

Roster of Oct 1, 2026

Regulatory AUM

$281,502,728

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
Mar 2026 to Oct 2026	$281,502,728	Individuals and high net worth (100%)
Apr 2025 to Feb 2026	$270,125,810	Individuals and high net worth (99%)
Apr 2024 to Mar 2025	$232,757,928	Individuals and high net worth (99%)
May 2023 to Mar 2024	$168,058,140	Individuals and high net worth (100%)
Apr 2023	$168,058,140	Individuals and high net worth (100%)
Feb 2022 to Mar 2023	$206,470,519	Individuals and high net worth (100%)

2 earlier changes not shown.

Portfolio style

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

Style

Concentrated

The top 10 positions are 93.8% of the book (60%+)

Turnover

Medium turnover

79.5% over the last four quarters (30% to under 100%)

Horizon

Short horizon

Value-weighted holding period 3.6 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 91.3%; sector active share 83.5% against the combined 13F book's sector weights.

Over time 7 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

43 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

34.7%

−3.2 pts

Top 5

79.8%

−0.3 pts

Top 10

93.3%

−0.5 pts

HHI

1,926

Moderately concentrated−44

Portfolio Trend

8 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	96.5%	$201,125,135	32
Financial Services	1.2%	$2,589,750	3
Technology	1.1%	$2,274,408	4
Real Estate	0.7%	$1,421,368	1
Consumer Cyclical	0.2%	$506,023	1
Industrials	0.1%	$304,133	1
Consumer Defensive	0.1%	$249,433	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

20 positions

Ticker	Company	Δ Shares	Shares	Value
SPY	Spdr S&P 500 ETF Trust	+93,819	94,746	$72,256,141
FDVV	Fidelity High Dividend ETF	+40,977	45,949	$2,790,482
DYNF	iShares U.S. Equity Factor Rotation Active ETF	+29,810	265,676	$18,400,719
IMCB	iShares Morningstar Mid-Cap ETF	+27,345	177,247	$16,746,296
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	+26,983	215,070	$19,304,683
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	+20,991	190,267	$9,553,306
XCEM	Columbia EM Core ex-China ETF	+16,426	151,827	$7,805,426
JMEE	JPMorgan Small & Mid Cap Enhanced Equity ETF	+15,106	39,052	$2,873,446
MUNI	PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund	+8,199	34,659	$1,722,205
IWF	iShares Russell 1000 Growth ETF	+6,505	10,081	$1,262,746
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	+5,066	217,959	$26,826,393
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	+3,236	18,258	$3,574,003
FSMD	Fidelity Small-Mid Multifactor ETF	+1,920	81,415	$4,003,175
IBIT	iShares Bitcoin Trust ETF	+1,489	16,493	$780,778
SPCX	Space Exploration Technologies Corp	+721	2,016	$304,133
JEMA	JPMorgan ActiveBuilders Emerging Markets Equity ETF	+668	26,556	$1,643,550
AGNC	AGNC Investment Corp.	+163	156,711	$1,421,368
LVHI	Franklin International Low Volatility High Dividend Index ETF	+161	5,502	$229,488
AMZN	Amazon Com Inc	+160	2,031	$506,023
MSFT	Microsoft Corp	+98	1,578	$809,356
No positions match the current search.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
GRPM	Victory Portfolios II	−613	8,668	$0
SPEM	State Street(R) SPDR(R) Portfolio Emerging Markets ETF	−327	7,287	$377,175
QQQ	Invesco Qqq Trust, Series 1	−119	3,551	$2,626,923
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	−8	3,868	$236,450
No positions match the current search.

New Positions

Positions the filer opened this quarter

15 positions

Ticker	Company	Shares	Value
BOND	PIMCO Active Bond Exchange-Traded Fund	25,854	$2,249,039
TFC	Truist Financial Corp	30,000	$1,389,000
DIVI	Franklin International Core Dividend Tilt Index ETF	29,427	$1,255,355
WFC	Wells Fargo & Company	15,000	$1,200,750
EEM	iShares MSCI Emerging Markets ETF	17,079	$1,140,706
JPIB	JPMorgan International Bond Opportunities ETF	15,786	$737,206
HSCZ	iShares Currency Hedged MSCI EAFE Small-Cap ETF	16,335	$709,592
PYLD		17,506	$444,477
JBND	JPMorgan Active Bond ETF	8,629	$441,114
DBEF	Xtrackers MSCI EAFE Hedged Equity ETF	7,649	$420,312
CMF	iShares California Muni Bond ETF	6,722	$363,794
IFRA	iShares U.S. Infrastructure ETF	4,108	$226,063
ETHA	iShares Ethereum Trust ETF	5,606	$112,792
PFXF	VanEck Preferred Securities ex Financials ETF	645	$11,300
QQQM	Invesco Ltd.	8,135	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

43 tracked positions · $208,470,250 total · filing declares 43 positions · $213,459,866 · as of Sep 30, 2026

All sectors Consumer Cyclical Consumer Defensive Financial Services Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Added	94,746	+93,819	$72,256,141	+10337.8%	34.66%
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	Added	217,959	+5,066	$26,826,393	+5.9%	12.87%
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	Added	215,070	+26,983	$19,304,683	+16.8%	9.26%
DYNF	iShares U.S. Equity Factor Rotation Active ETF	Added	265,676	+29,810	$18,400,719	+14.7%	8.83%
IMCB	iShares Morningstar Mid-Cap ETF	Added	177,247	+27,345	$16,746,296	+15.7%	8.03%
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	Added	190,267	+20,991	$9,553,306	+12.0%	4.58%
XCEM	Columbia EM Core ex-China ETF	Added	151,827	+16,426	$7,805,426	+9.0%	3.74%
FSMD	Fidelity Small-Mid Multifactor ETF	Added	81,415	+1,920	$4,003,175	−4.7%	1.92%
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	Added	18,258	+3,236	$3,574,003	+24.9%	1.71%
JMEE	JPMorgan Small & Mid Cap Enhanced Equity ETF	Added	39,052	+15,106	$2,873,446	+53.8%	1.38%
FDVV	Fidelity High Dividend ETF	Added	45,949	+40,977	$2,790,482	+830.9%	1.34%
QQQ	Invesco Qqq Trust, Series 1	Reduced	3,551	-119	$2,626,923	−2.8%	1.26%
BOND	PIMCO Active Bond Exchange-Traded Fund	NEW	25,854	NEW	$2,249,039	NEW	1.08%
MUNI	PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund	Added	34,659	+8,199	$1,722,205	+23.7%	0.83%
JEMA	JPMorgan ActiveBuilders Emerging Markets Equity ETF	Added	26,556	+668	$1,643,550	−0.6%	0.79%
AGNC	AGNC Investment Corp. Real Estate	Added	156,711	+163	$1,421,368	−16.7%	0.68%
TFC	Truist Financial Corp Financial Services	NEW	30,000	NEW	$1,389,000	NEW	0.67%
IWF	iShares Russell 1000 Growth ETF	Added	10,081	+6,505	$1,262,746	+184.4%	0.61%
DIVI	Franklin International Core Dividend Tilt Index ETF	NEW	29,427	NEW	$1,255,355	NEW	0.60%
WFC	Wells Fargo & Company Financial Services	NEW	15,000	NEW	$1,200,750	NEW	0.58%
EEM	iShares MSCI Emerging Markets ETF	NEW	17,079	NEW	$1,140,706	NEW	0.55%
MSFT	Microsoft Corp Technology	Added	1,578	+98	$809,356	+46.6%	0.39%
IBIT	iShares Bitcoin Trust ETF	Added	16,493	+1,489	$780,778	+56.3%	0.37%
JPIB	JPMorgan International Bond Opportunities ETF	NEW	15,786	NEW	$737,206	NEW	0.35%
HSCZ	iShares Currency Hedged MSCI EAFE Small-Cap ETF	NEW	16,335	NEW	$709,592	NEW	0.34%
NVDA	Nvidia Corp Technology	Held	2,976	0	$679,658	+14.1%	0.33%
AMZN	Amazon Com Inc Consumer Cyclical	Added	2,031	+160	$506,023	+13.5%	0.24%
AAPL	Apple Inc. Technology	Held	1,445	0	$481,213	+15.1%	0.23%
PYLD		NEW	17,506	NEW	$444,477	NEW	0.21%
JBND	JPMorgan Active Bond ETF	NEW	8,629	NEW	$441,114	NEW	0.21%
DBEF	Xtrackers MSCI EAFE Hedged Equity ETF	NEW	7,649	NEW	$420,312	NEW	0.20%
SPEM	State Street(R) SPDR(R) Portfolio Emerging Markets ETF	Reduced	7,287	-327	$377,175	−4.3%	0.18%
CMF	iShares California Muni Bond ETF	NEW	6,722	NEW	$363,794	NEW	0.17%
INTC	Intel Corp Technology	Held	2,530	0	$304,181	−13.9%	0.15%
SPCX	Space Exploration Technologies Corp Industrials	Added	2,016	+721	$304,133	+37.5%	0.15%
COST	Costco Wholesale Corp Consumer Defensive	Held	274	0	$249,433	−2.7%	0.12%
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	Reduced	3,868	-8	$236,450	+0.4%	0.11%
LVHI	Franklin International Low Volatility High Dividend Index ETF	Added	5,502	+161	$229,488	+5.9%	0.11%
IFRA	iShares U.S. Infrastructure ETF	NEW	4,108	NEW	$226,063	NEW	0.11%
ETHA	iShares Ethereum Trust ETF	NEW	5,606	NEW	$112,792	NEW	0.05%
PFXF	VanEck Preferred Securities ex Financials ETF	NEW	645	NEW	$11,300	NEW	0.01%
GRPM	Victory Portfolios II	Reduced	8,668	-613	$0	−100.0%	0.00%
QQQM	Invesco Ltd. Financial Services	NEW	8,135	NEW	$0	NEW	0.00%

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.