FOCUS FINANCIAL NETWORK INC /ADV
Filing Date
Dec 31, 2023
Global Rank
#1,391
/ 7,321
· as of Dec 2023
Top Industry
Consumer Electronics
14.2%
3Y Alpha vs SPY
-1.8%
Period ended 2 years ago
Filed Feb 12, 2024 · 2y
Clone Performance
Feb 2024–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+48.4%
SPY
+54.1%
Annualised alpha
-1.9%
Max drawdown
−18.7%
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
298 positions · as of Dec 31, 2023Top Position
12.2%
of portfolio value
Top 5
36.2%
of portfolio value
Top 10
48.5%
of portfolio value
HHI
369
Diversified
Sector Breakdown
As of Dec 31, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 25.4% | $266,059,947 |
| Unclassified | 14.1% | $147,202,353 |
| Healthcare | 12.1% | $127,094,607 |
| Financial Services | 12.0% | $125,559,308 |
| Consumer Cyclical | 10.7% | $112,079,265 |
| Industrials | 10.2% | $106,335,375 |
| Consumer Defensive | 5.7% | $59,184,524 |
| Communication Services | 3.9% | $41,068,923 |
| Energy | 2.8% | $28,936,803 |
| Utilities | 1.8% | $18,800,323 |
| Basic Materials | 1.3% | $13,991,326 |
298 positions ·
$1,046,312,754 total
· as of Dec 31, 2023
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Technology
Utilities
Showing 1–50
of 298 positions by value
· page 1 of 6
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AAPL |
Apple Inc.
Technology
|
First | 664,314 | $127,900,374 | 12.22% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
First | 225,659 | $92,411,873 | 8.83% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
First | 420,931 | $63,956,256 | 6.11% | |
| MSFT |
Microsoft Corp
Technology
|
First | 140,964 | $53,008,102 | 5.07% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
First | 78,830 | $41,501,630 | 3.97% | |
| SPY |
Spdr S&P 500 ETF Trust
|
First | 72,859 | $34,630,611 | 3.31% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
First | 150,980 | $25,681,698 | 2.45% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
First | 179,068 | $25,014,008 | 2.39% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
First | 64,372 | $22,958,917 | 2.19% | |
| SHOP |
Shopify Inc.
Technology
|
First | 258,484 | $20,135,903 | 1.92% | |
| LLY |
ELI LILLY & Co
Healthcare
|
First | 29,655 | $17,286,492 | 1.65% | |
| HON |
Honeywell International Inc
Industrials
|
First | 73,641 | $15,265,212 | 1.46% | |
| JNJ |
Johnson & Johnson
Healthcare
|
First | 90,428 | $14,173,684 | 1.35% | |
| V |
Visa Inc.
Financial Services
|
First | 53,296 | $13,875,613 | 1.33% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
First | 36,978 | $12,814,725 | 1.22% | |
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
First | 18,912 | $12,483,432 | 1.19% | |
| TGT |
Target Corp
Consumer Defensive
|
First | 81,475 | $11,603,669 | 1.11% | |
| BA |
Boeing Co
Industrials
|
First | 41,503 | $10,818,171 | 1.03% | |
| CVX |
Chevron Corp
Energy
|
First | 69,572 | $10,377,359 | 0.99% | |
| MMM |
3M Co
Industrials
|
First | 107,060 | $9,785,787 | 0.94% | |
| ABBV |
AbbVie Inc.
Healthcare
|
First | 62,996 | $9,762,490 | 0.93% | |
| MDT |
Medtronic plc
Healthcare
|
First | 114,208 | $9,408,455 | 0.90% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
First | 37,582 | $9,338,375 | 0.89% | |
| XEL |
Xcel Energy Inc
Utilities
|
First | 146,088 | $9,044,308 | 0.86% | |
| CAT |
Caterpillar Inc
Industrials
|
First | 29,676 | $8,774,302 | 0.84% | |
| NVDA |
Nvidia Corp
Technology
|
First | 167,355 | $8,287,754 | 0.79% | |
| ABT |
Abbott Laboratories
Healthcare
|
First | 74,926 | $8,247,104 | 0.79% | |
| META |
Meta Platforms, Inc.
Communication Services
|
First | 23,075 | $8,167,627 | 0.78% | |
| MCD |
Mcdonalds Corp
Consumer Cyclical
|
First | 26,534 | $7,867,596 | 0.75% | |
| ECL |
Ecolab Inc.
Basic Materials
|
First | 37,454 | $7,429,000 | 0.71% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
First | 42,673 | $7,247,582 | 0.69% | |
| GGG |
Graco Inc
Industrials
|
First | 73,906 | $6,412,084 | 0.61% | |
| BAC |
Bank Of America Corp /De/
Financial Services
|
First | 188,176 | $6,335,885 | 0.61% | |
| XOM |
Exxon Mobil Corp
Energy
|
First | 62,385 | $6,237,252 | 0.60% | |
| WFC |
Wells Fargo & Company/Mn
Financial Services
|
First | 126,523 | $6,227,462 | 0.60% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
First | 41,656 | $6,104,270 | 0.58% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
First | 120,556 | $6,090,489 | 0.58% | |
| SGOL |
abrdn Gold ETF Trust
|
First | 279,881 | $5,524,850 | 0.53% | |
| GLD |
Spdr Gold Trust
|
First | 28,440 | $5,436,874 | 0.52% | |
| USB |
US Bancorp De
Financial Services
|
First | 124,290 | $5,379,271 | 0.51% | |
| LMT |
Lockheed Martin Corp
Industrials
|
First | 11,725 | $5,314,239 | 0.51% | |
| GIS |
General Mills Inc
Consumer Defensive
|
First | 77,930 | $5,076,360 | 0.49% | |
| WM |
Waste Management Inc
Industrials
|
First | 27,877 | $4,992,770 | 0.48% | |
| MA |
Mastercard Inc
Financial Services
|
First | 11,477 | $4,895,055 | 0.47% | |
| ACN |
Accenture plc
Technology
|
First | 13,091 | $4,593,762 | 0.44% | |
| PNR |
PENTAIR plc
Industrials
|
First | 61,016 | $4,436,473 | 0.42% | |
| DAL |
Delta Air Lines, Inc.
Industrials
|
First | 108,634 | $4,370,345 | 0.42% | |
| UPS |
United Parcel Service Inc
Industrials
|
First | 27,339 | $4,298,510 | 0.41% | |
| NMFC |
New Mountain Finance Corp
Financial Services
|
First | 324,625 | $4,129,230 | 0.39% | |
| IBM |
International Business Machines Corp
Technology
|
First | 23,706 | $3,877,116 | 0.37% |