Filed: 10/10/2025ACC: 0001754960-25-000655
📋 What this filing means
FOCUS FINANCIAL NETWORK, INC. filed this quarterly 13F‑HR report disclosing 738 equity positions with a total reported market value of $2.80B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
738
Positions
$2.80B
Total AUM (reported)
37.68M
Total Shares
Allocation by class
COM$792.55M28.3%
US LCAP GR ETF$151.35M5.4%
UNIT SER 1$100.68M3.6%
US DIVIDEND EQ$87.31M3.1%
CORE S&P500 ETF$70.80M2.5%
CORE US AGGBD ET$54.58M1.9%
PSHS ULTRA QQQ$41.10M1.5%
Portfolio Concentration
Top 3$557.19M19.9%
4–10$446.18M15.9%
11–25$409.60M14.6%
Rest$1.39B49.6%
Top 3 weight
19.9%
Top 10 weight
35.8%
Voting Authority Distribution
Total shares with voting rights: 37.68M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
37.68M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole738
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings738
Rows:
NVIDIA CORPORATION
SOLEShares1.64M
TypeSH
Market value$305.16M
10.88%
Sole
0.00
Shared
0.00
None
1.64M
SCHWAB STRATEGIC TR
SOLEShares4.74M
TypeSH
Market value$151.35M
5.40%
Sole
0.00
Shared
0.00
None
4.74M
INVESCO QQQ TR
SOLEShares167.69K
TypeSH
Market value$100.68M
3.59%
Sole
0.00
Shared
0.00
None
167.69K
APPLE INC
SOLEShares353.65K
TypeSH
Market value$90.05M
3.21%
Sole
0.00
Shared
0.00
None
353.65K
SCHWAB STRATEGIC TR
SOLEShares3.20M
TypeSH
Market value$87.31M
3.11%
Sole
0.00
Shared
0.00
None
3.20M
ISHARES TR
SOLEShares105.78K
TypeSH
Market value$70.80M
2.52%
Sole
0.00
Shared
0.00
None
105.78K
AMAZON COM INC
SOLEShares303.39K
TypeSH
Market value$66.61M
2.38%
Sole
0.00
Shared
0.00
None
303.39K
ISHARES TR
SOLEShares544.40K
TypeSH
Market value$54.58M
1.95%
Sole
0.00
Shared
0.00
None
544.40K
PROSHARES TR
SOLEShares299.57K
TypeSH
Market value$41.10M
1.47%
Sole
0.00
Shared
0.00
None
299.57K
SPDR S&P 500 ETF TR
SOLEShares53.63K
TypeSH
Market value$35.73M
1.27%
Sole
0.00
Shared
0.00
None
53.63K
MICROSOFT CORP
SOLEShares67.51K
TypeSH
Market value$34.97M
1.25%
Sole
0.00
Shared
0.00
None
67.51K
INVESCO EXCHANGE TRADED FD T
SOLEShares319.06K
TypeSH
Market value$33.49M
1.19%
Sole
0.00
Shared
0.00
None
319.06K
VANGUARD STAR FDS
SOLEShares455.80K
TypeSH
Market value$33.48M
1.19%
Sole
0.00
Shared
0.00
None
455.80K
SPDR SERIES TRUST
SOLEShares721.29K
TypeSH
Market value$33.41M
1.19%
Sole
0.00
Shared
0.00
None
721.29K
ISHARES TR
SOLEShares344.85K
TypeSH
Market value$33.26M
1.19%
Sole
0.00
Shared
0.00
None
344.85K
BERKSHIRE HATHAWAY INC DEL
SOLEShares64.97K
TypeSH
Market value$32.67M
1.16%
Sole
0.00
Shared
0.00
None
64.97K
VANGUARD WHITEHALL FDS
SOLEShares215.62K
TypeSH
Market value$30.39M
1.08%
Sole
0.00
Shared
0.00
None
215.62K
SCHWAB STRATEGIC TR
SOLEShares615.35K
TypeSH
Market value$26.44M
0.94%
Sole
0.00
Shared
0.00
None
615.35K
VANGUARD TAX-MANAGED FDS
SOLEShares378.20K
TypeSH
Market value$22.66M
0.81%
Sole
0.00
Shared
0.00
None
378.20K
ISHARES TR
SOLEShares234K
TypeSH
Market value$22.59M
0.81%
Sole
0.00
Shared
0.00
None
234K
SCHWAB STRATEGIC TR
SOLEShares740.48K
TypeSH
Market value$21.56M
0.77%
Sole
0.00
Shared
0.00
None
740.48K
VANGUARD SPECIALIZED FUNDS
SOLEShares98.90K
TypeSH
Market value$21.43M
0.76%
Sole
0.00
Shared
0.00
None
98.90K
ISHARES TR
SOLEShares109.91K
TypeSH
Market value$21.38M
0.76%
Sole
0.00
Shared
0.00
None
109.91K
SELECT SECTOR SPDR TR
SOLEShares75.60K
TypeSH
Market value$21.31M
0.76%
Sole
0.00
Shared
0.00
None
75.60K
QUANTUM COMPUTING INC
SOLEShares1.12M
TypeSH
Market value$20.57M
0.73%
Sole
0.00
Shared
0.00
None
1.12M
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 1.64M | SH | $305.16M 10.88% | 0.00 | 0.00 | 1.64M |
SCHWAB STRATEGIC TRSOLE | US LCAP GR ETF | 4.74M | SH | $151.35M 5.40% | 0.00 | 0.00 | 4.74M |
INVESCO QQQ TRSOLE | UNIT SER 1 | 167.69K | SH | $100.68M 3.59% | 0.00 | 0.00 | 167.69K |
APPLE INCSOLE | COM | 353.65K | SH | $90.05M 3.21% | 0.00 | 0.00 | 353.65K |
SCHWAB STRATEGIC TRSOLE | US DIVIDEND EQ | 3.20M | SH | $87.31M 3.11% | 0.00 | 0.00 | 3.20M |
ISHARES TRSOLE | CORE S&P500 ETF | 105.78K | SH | $70.80M 2.52% | 0.00 | 0.00 | 105.78K |
AMAZON COM INCSOLE | COM | 303.39K | SH | $66.61M 2.38% | 0.00 | 0.00 | 303.39K |
ISHARES TRSOLE | CORE US AGGBD ET | 544.40K | SH | $54.58M 1.95% | 0.00 | 0.00 | 544.40K |
PROSHARES TRSOLE | PSHS ULTRA QQQ | 299.57K | SH | $41.10M 1.47% | 0.00 | 0.00 | 299.57K |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 53.63K | SH | $35.73M 1.27% | 0.00 | 0.00 | 53.63K |
MICROSOFT CORPSOLE | COM | 67.51K | SH | $34.97M 1.25% | 0.00 | 0.00 | 67.51K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P MDCP QUALITY | 319.06K | SH | $33.49M 1.19% | 0.00 | 0.00 | 319.06K |
VANGUARD STAR FDSSOLE | VG TL INTL STK F | 455.80K | SH | $33.48M 1.19% | 0.00 | 0.00 | 455.80K |
SPDR SERIES TRUSTSOLE | PORTFOLIO S&P600 | 721.29K | SH | $33.41M 1.19% | 0.00 | 0.00 | 721.29K |
ISHARES TRSOLE | 7-10 YR TRSY BD | 344.85K | SH | $33.26M 1.19% | 0.00 | 0.00 | 344.85K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 64.97K | SH | $32.67M 1.16% | 0.00 | 0.00 | 64.97K |
VANGUARD WHITEHALL FDSSOLE | HIGH DIV YLD | 215.62K | SH | $30.39M 1.08% | 0.00 | 0.00 | 215.62K |
SCHWAB STRATEGIC TRSOLE | FUNDAMENTAL INTL | 615.35K | SH | $26.44M 0.94% | 0.00 | 0.00 | 615.35K |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 378.20K | SH | $22.66M 0.81% | 0.00 | 0.00 | 378.20K |
ISHARES TRSOLE | RUS MID CAP ETF | 234K | SH | $22.59M 0.81% | 0.00 | 0.00 | 234K |
SCHWAB STRATEGIC TRSOLE | US LCAP VA ETF | 740.48K | SH | $21.56M 0.77% | 0.00 | 0.00 | 740.48K |
VANGUARD SPECIALIZED FUNDSSOLE | DIV APP ETF | 98.90K | SH | $21.43M 0.76% | 0.00 | 0.00 | 98.90K |
ISHARES TRSOLE | MSCI USA QLT FCT | 109.91K | SH | $21.38M 0.76% | 0.00 | 0.00 | 109.91K |
SELECT SECTOR SPDR TRSOLE | TECHNOLOGY | 75.60K | SH | $21.31M 0.76% | 0.00 | 0.00 | 75.60K |
QUANTUM COMPUTING INCSOLE | COM | 1.12M | SH | $20.57M 0.73% | 0.00 | 0.00 | 1.12M |
Page 1 of 30
…