Institutional Manager · CIK 0001743404

Foundations Investment Advisors, LLC

PHOENIX, AZ · File #028-18893

Latest AUM

$7.63B

Positions

1,395

Top-10 Concentration

36.8%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
REDUCE	BLACKROCK ETF TRUST	BLK	-2,821,354	-$171.6M	+$4.8M
REDUCE	ISHARES TR	464287408	-677,445	-$143.7M	+$4.0M
REDUCE	NVIDIA CORPORATION	NVDA	-656,906	-$122.5M	-$55,533
NEW	TWO RDS SHARED TR	90214Q485	+11,254,652	+$116.7M	$0
REDUCE	SELECT SECTOR SPDR TR	81369Y852	-979,295	-$115.3M	-$654,996
REDUCE	SPDR GOLD TR	GLD	-290,565	-$115.2M	+$11.9M
REDUCE	APPLE INC	AAPL	-396,147	-$107.7M	+$6.9M
REDUCE	ISHARES INC	46434G103	-1,438,962	-$96.7M	+$2.0M
REDUCE	ISHARES TR	464287523	-321,127	-$96.7M	+$9.9M
REDUCE	ISHARES TR	464287515	-793,892	-$83.9M	-$7.5M

Sector Allocation

9.8%$748.5M

7.8%$593.9M

1.8%$139.9M

1.7%$129.5M

1.6%$122.2M

Consumer Discretionary

1.6%$118.6M

Communication Services

1.0%$76.6M

0.8%$63.3M

0.7%$55.2M

0.6%$43.8M

0.1%$9.2M

Filing History

Feb 10, 202613F HOLDINGS REPORTQ/E Dec 20251,395 pos · $7.63B
Nov 3, 202513F HOLDINGS REPORTQ/E Sep 20251,047 pos · $6.88B
Aug 8, 202513F HOLDINGS REPORTQ/E Jun 20251,111 pos · $6.33B
May 7, 202513F HOLDINGS REPORTQ/E Mar 20251,047 pos · $5.42B
Jan 22, 202513F HOLDINGS REPORTQ/E Dec 2024837 pos · $5.18B
Oct 21, 202413F HOLDINGS REPORTQ/E Sep 2024816 pos · $4.76B
Aug 2, 202413F HOLDINGS REPORTQ/E Jun 2024752 pos · $4.12B
May 13, 202413F HOLDINGS REPORTQ/E Mar 2024703 pos · $3.82B
Oct 5, 202313F HOLDINGS REPORTQ/E Dec 2023639 pos · $3.25B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464287309	1,860,873	$229.4M	5.68%
2	ISHARES TR	464287408	913,840	$193.8M	4.80%
3	BLACKROCK ETF TRUST	BLK	2,968,060	$180.5M	4.47%
4	ISHARES TR	46434V613	3,018,150	$140.5M	3.48%
5	SELECT SECTOR SPDR TR	81369Y852	1,146,034	$134.9M	3.34%
6	ISHARES INC	46434G103	1,946,797	$130.9M	3.24%
7	NVIDIA CORPORATION	NVDA	649,299	$121.1M	3.00%
8	ISHARES TR	464287523	396,384	$119.4M	2.96%
9	ISHARES TR	464288877	1,665,335	$118.9M	2.95%
10	ISHARES TR	464287101	342,044	$117.3M	2.91%
11	TWO RDS SHARED TR	90214Q485	11,254,652	$116.7M	2.89%
12	APPLE INC	AAPL	375,832	$102.2M	2.53%
13	SPDR S&P 500 ETF TR	SPY	145,203	$99.0M	2.45%
14	SPDR GOLD TR	GLD	249,269	$98.8M	2.45%
15	ISHARES TR	46432F339	493,046	$97.9M	2.43%
16	ISHARES TR	46432F396	370,062	$92.6M	2.29%
17	MICROSOFT CORP	MSFT	190,308	$92.0M	2.28%
18	INVESCO QQQ TR	IVZ	145,396	$89.3M	2.21%
19	SPDR SERIES TRUST	78468R663	883,303	$80.7M	2.00%
20	ARK ETF TR	00214Q401	524,592	$77.5M	1.92%