FOCUS FINANCIAL NETWORK INC /ADV
Filing Date
Dec 31, 2023
Global Rank
#1,383
/ 7,317
Top Industry
Consumer Electronics
14.2%
3Y Alpha vs SPY
-3.0%
Period ended 2 years ago
Filed Feb 12, 2024 · 2y
Clone Performance
Feb 2024–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+47.0%
SPY
+55.8%
Annualised alpha
-3.0%
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
48.4%
of portfolio value
HHI
368
Diversified
Sector Breakdown
As of Dec 31, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 25.5% | $266,671,374 |
| Unclassified | 14.0% | $147,202,353 |
| Healthcare | 12.1% | $127,094,607 |
| Financial Services | 12.0% | $125,573,134 |
| Consumer Cyclical | 10.8% | $113,427,777 |
| Industrials | 10.1% | $106,039,136 |
| Consumer Defensive | 5.6% | $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% | $13,725,515 |
24 positions ·
$59,184,524 total
· Consumer Defensive only
· as of Dec 31, 2023
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
First | 18,912 | $12,483,432 | 21.09% | |
| TGT |
Target Corp
Consumer Defensive
|
First | 81,475 | $11,603,669 | 19.61% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
First | 42,673 | $7,247,582 | 12.25% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
First | 41,656 | $6,104,270 | 10.31% | |
| GIS |
General Mills Inc
Consumer Defensive
|
First | 77,930 | $5,076,360 | 8.58% | |
| KO |
Coca Cola Co
Consumer Defensive
|
First | 55,230 | $3,254,703 | 5.50% | |
| MO |
Altria Group, Inc.
Consumer Defensive
|
First | 77,132 | $3,111,504 | 5.26% | |
| KVUE |
Kenvue Inc.
Consumer Defensive
|
First | 70,899 | $1,526,455 | 2.58% | |
| KMB |
Kimberly Clark Corp
Consumer Defensive
|
First | 8,895 | $1,080,831 | 1.83% | |
| HRL |
Hormel Foods Corp /De/
Consumer Defensive
|
First | 31,789 | $1,020,744 | 1.72% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
First | 19,031 | $1,000,079 | 1.69% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
First | 8,206 | $772,020 | 1.30% | |
| MKC |
Mccormick & Co Inc
Consumer Defensive
|
First | 10,253 | $701,510 | 1.19% | |
| SYY |
Sysco Corp
Consumer Defensive
|
First | 8,847 | $646,981 | 1.09% | |
| KR |
Kroger Co
Consumer Defensive
|
First | 13,263 | $606,251 | 1.02% | |
| ADM |
Archer-Daniels-Midland Co
Consumer Defensive
|
First | 6,196 | $447,475 | 0.76% | |
| CL |
Colgate Palmolive Co
Consumer Defensive
|
First | 4,937 | $393,528 | 0.66% | |
| DG |
Dollar General Corp
Consumer Defensive
|
First | 2,711 | $368,560 | 0.62% | |
| EL |
Estee Lauder Companies Inc
Consumer Defensive
|
First | 2,284 | $334,035 | 0.56% | |
| STZ |
Constellation Brands, Inc.
Consumer Defensive
|
First | 1,307 | $315,967 | 0.53% | |
| CAG |
Conagra Brands Inc.
Consumer Defensive
|
First | 10,827 | $310,301 | 0.52% | |
| MDLZ |
Mondelez International, Inc.
Consumer Defensive
|
First | 3,821 | $276,755 | 0.47% | |
| TAP |
Molson Coors Beverage Co
Consumer Defensive
|
First | 4,099 | $250,899 | 0.42% | |
| KHC |
Kraft Heinz Co
Consumer Defensive
|
First | 6,777 | $250,613 | 0.42% |