FOCUS FINANCIAL NETWORK INC /ADV
Registered adviserRegulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Apr 2026 to Nov 2026 | $6,823,756,233 | Individuals and high net worth (98%) |
| Apr 2025 to Mar 2026 | $6,262,663,508 | Individuals and high net worth (98%) |
| Apr 2024 to Mar 2025 | $5,385,968,542 | Individuals and high net worth (98%) |
| May 2023 to Mar 2024 | $4,459,201,828 | Individuals and high net worth (98%) |
| Apr 2023 | $4,459,201,828 | Individuals and high net worth (98%) |
| Apr 2022 to Mar 2023 | $5,084,683,954 | Individuals and high net worth (98%) |
Portfolio style
Measured from the filed 13F common-share book for Dec 31, 2023, never from the firm's own description.
Closest benchmark: every 13F filer's combined book, active share 59.3%; sector active share 49.0% against the combined 13F book's sector weights.
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 backtestPortfolio Concentration
703 tracked positions · as of Dec 31, 2023Sector Breakdown
As of Dec 31, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 61.4% | $1,621,130,176 |
| Technology | 13.4% | $353,114,048 |
| Financial Services | 5.2% | $137,695,426 |
| Healthcare | 4.8% | $127,301,521 |
| Consumer Cyclical | 4.3% | $114,169,712 |
| Industrials | 4.2% | $111,431,153 |
| Consumer Defensive | 2.3% | $61,391,555 |
| Communication Services | 2.0% | $52,339,359 |
| Energy | 1.1% | $28,936,800 |
| Utilities | 0.7% | $18,902,373 |
| Basic Materials | 0.5% | $13,910,254 |
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AAPL |
Apple Inc.
Technology
|
First | 664,314 | $127,900,374 | 4.84% | |
| SCHG |
Schwab U.S. Large-Cap Growth ETF
|
First | 1,467,650 | $121,756,244 | 4.61% | |
| IVV |
iShares Core S&P 500 ETF
|
First | 225,781 | $107,839,779 | 4.08% | |
| SCHD |
Schwab U.S. Dividend Equity ETF
|
First | 1,258,786 | $95,831,504 | 3.63% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
First | 225,659 | $92,411,873 | 3.50% | |
| NVDA |
Nvidia Corp
Technology
|
First | 167,355 | $82,877,543 | 3.14% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
First | 420,931 | $63,956,256 | 2.42% | |
| SCHV |
Schwab U.S. Large-Cap Value ETF
|
First | 773,436 | $54,217,940 | 2.05% | |
| MSFT |
Microsoft Corp
Technology
|
First | 140,964 | $53,008,102 | 2.01% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
First | 78,830 | $41,501,630 | 1.57% | |
| SPYM |
State Street(R) SPDR(R) Portfolio S&P 500(R) ETF
|
First | 690,604 | $38,604,763 | 1.46% | |
| AGG |
iShares Core U.S. Aggregate Bond ETF
|
First | 349,960 | $34,733,530 | 1.32% | |
| SPY |
Spdr S&P 500 ETF Trust
|
First | 72,859 | $34,630,611 | 1.31% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
First | 150,980 | $25,681,698 | 0.97% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
First | 179,068 | $25,014,008 | 0.95% | |
|
|
First | 556,863 | $23,488,481 | 0.89% | ||
| SCHX |
Schwab U.S. Large-Cap ETF
|
First | 415,673 | $23,443,957 | 0.89% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
First | 64,372 | $22,958,917 | 0.87% | |
| SCHB |
Schwab U.S. Broad Market ETF
|
First | 410,055 | $22,827,802 | 0.86% | |
| QLD |
ProShares Ultra QQQ
|
First | 298,215 | $22,664,340 | 0.86% | |
| GTO |
Invesco Total Return Bond ETF
|
First | 468,958 | $22,153,575 | 0.84% | |
| VXUS |
Vanguard Total International Stock ETF
|
First | 381,217 | $22,095,337 | 0.84% | |
| XMHQ |
Victory Portfolios II
|
First | 241,330 | $21,408,384 | 0.81% | |
| SHOP |
Shopify Inc.
Technology
|
First | 258,484 | $20,135,903 | 0.76% | |
| IWR |
iShares Russell Mid-Cap ETF
|
First | 241,072 | $18,738,526 | 0.71% | |
| VOO |
VANGUARD 500 INDEX FUND
|
First | 41,503 | $18,128,510 | 0.69% | |
| XLK |
State Street(R) Technology Select Sector SPDR(R) ETF
|
First | 94,033 | $18,099,471 | 0.69% | |
| LLY |
ELI LILLY & Co
Healthcare
|
First | 29,655 | $17,286,492 | 0.65% | |
| VTIP |
VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND
|
First | 358,288 | $17,015,097 | 0.64% | |
| FNDF |
Schwab Fundamental International Equity ETF
|
First | 481,654 | $16,246,189 | 0.62% | |
| VIG |
Vanguard Specialized Funds
|
First | 92,601 | $15,779,210 | 0.60% | |
| COWZ |
Pacer US Cash Cows 100 ETF
|
First | 298,543 | $15,521,250 | 0.59% | |
| HON |
Honeywell International Inc
Industrials
|
First | 73,641 | $15,443,258 | 0.58% | |
| IEF |
iShares 7-10 Year Treasury Bond ETF
|
First | 157,768 | $15,207,257 | 0.58% | |
| JNJ |
Johnson & Johnson
Healthcare
|
First | 90,428 | $14,173,684 | 0.54% | |
| V |
Visa Inc.
Financial Services
|
First | 53,296 | $13,875,613 | 0.53% | |
| SCHM |
Schwab U.S. Mid-Cap ETF
|
First | 170,868 | $12,869,794 | 0.49% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
First | 36,978 | $12,814,725 | 0.49% | |
| DGRW |
WisdomTree U.S. Quality Dividend Growth Fund
|
First | 181,762 | $12,774,233 | 0.48% | |
| COST |
Costco Wholesale Corp
Consumer Defensive
|
First | 18,912 | $12,483,432 | 0.47% | |
| QUAL |
iShares MSCI USA Quality Factor ETF
|
First | 84,647 | $12,454,959 | 0.47% | |
| VYM |
VANGUARD HIGH DIVIDEND YIELD INDEX FUND
|
First | 110,896 | $12,379,320 | 0.47% | |
| IJR |
iShares Core S&P Small-Cap ETF
|
First | 110,975 | $12,013,043 | 0.45% | |
| SPHQ |
Invesco S&P 500 Quality ETF
|
First | 222,019 | $12,006,787 | 0.45% | |
| MMM |
3M Co
Industrials
|
First | 107,060 | $11,703,801 | 0.44% | |
| TGT |
Target Corp
Consumer Defensive
|
First | 81,475 | $11,603,669 | 0.44% | |
| XMMO |
Victory Portfolios II
|
First | 128,986 | $11,584,232 | 0.44% | |
| IWM |
iShares Russell 2000 ETF
|
First | 57,631 | $11,567,118 | 0.44% | |
| IVW |
iShares S&P 500 Growth ETF
|
First | 147,662 | $11,089,416 | 0.42% | |
|
|
First | 105,348 | $11,004,652 | 0.42% |
Showing the top 50 of 703 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.