Institutional Manager · CIK 0002093400
FORMULATE FINANCIAL LLC
BOCA RATON, FL · File #028-25812
Latest AUM
$85.3M
Positions
29
Top-10 Concentration
87.1%
Filings
2
Portfolio Value Over Time
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 |
|---|---|---|---|---|---|
| NEW | FIDELITY COVINGTON TRUST | 316092808 | +2,537 | +$569,988 | $0 |
| ADD | ISHARES TR | 464287309 | +3,696 | +$455,569 | +$120,500 |
| NEW | BROADCOM INC | AVGO | +924 | +$319,881 | $0 |
| ADD | VANGUARD INDEX FDS | 922908363 | +498 | +$312,306 | +$362,038 |
| ADD | ISHARES TR | 464287614 | +498 | +$235,719 | +$30,212 |
| ADD | ISHARES TR | 464287622 | +613 | +$228,923 | +$197,682 |
| ADD | SPDR S&P 500 ETF TR | SPY | +328 | +$223,666 | +$216,390 |
| NEW | WELLS FARGO CO NEW | 949746101 | +2,170 | +$202,244 | $0 |
| NEW | JOHNSON & JOHNSON | JNJ | +975 | +$201,776 | $0 |
| ADD | INVESCO QQQ TR | IVZ | +317 | +$194,735 | +$267,549 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202529 pos · $85.3M
- 13F HOLDINGS REPORTQ/E Sep 202526 pos · $80.6M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908363 | 25,046 | $15.7M | 18.41% |
| 2 | INVESCO QQQ TR | IVZ | 19,503 | $12.0M | 14.04% |
| 3 | SPDR S&P 500 ETF TR | SPY | 14,066 | $9.6M | 11.24% |
| 4 | ISHARES TR | 464287622 | 25,440 | $9.5M | 11.14% |
| 5 | VANGUARD SPECIALIZED FUNDS | 921908844 | 42,252 | $9.3M | 10.89% |
| 6 | ISHARES TR | 464287309 | 51,133 | $6.3M | 7.39% |
| 7 | ISHARES TR | 464287150 | 23,940 | $3.6M | 4.17% |
| 8 | ISHARES TR | 464287614 | 6,626 | $3.1M | 3.68% |
| 9 | MICROSOFT CORP | MSFT | 6,224 | $3.0M | 3.53% |
| 10 | VANGUARD SCOTTSDALE FDS | 92206C730 | 7,262 | $2.2M | 2.63% |
| 11 | AMAZON COM INC | AMZN | 6,797 | $1.6M | 1.84% |
| 12 | ALPHABET INC | GOOG | 3,900 | $1.2M | 1.43% |
| 13 | NVIDIA CORPORATION | NVDA | 6,085 | $1.1M | 1.33% |
| 14 | APPLE INC | AAPL | 3,724 | $1.0M | 1.19% |
| 15 | VANGUARD INDEX FDS | 922908736 | 2,069 | $1.0M | 1.18% |
| 16 | EATON CORP PLC | ETN | 2,388 | $760,602 | 0.89% |
| 17 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 1,295 | $650,932 | 0.76% |
| 18 | FIDELITY COVINGTON TRUST | 316092808 | 2,537 | $569,988 | 0.67% |
| 19 | ISHARES TR | 464288687 | 15,395 | $476,629 | 0.56% |
| 20 | INTERNATIONAL BUSINESS MACHS | INTR | 1,295 | $383,592 | 0.45% |