USA FINANCIAL FORMULAS

Filed: 1/14/2026ACC: 0001633716-26-000003

📋 What this filing means

USA FINANCIAL FORMULAS filed this quarterly 13F‑HR report disclosing 414 equity positions with a total reported market value of $549.63M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

414

Positions

$549.63M

Total AUM (reported)

4.55M

Total Shares

Allocation by class

CORE S&P500 ETF$81.37M14.8%

MSCI EMG MKT ETF$65.41M11.9%

UNIT SER 1$65.24M11.9%

S&P 500 GRWT ETF$64.63M11.8%

TR UNIT$64.51M11.7%

MSCI EAFE ETF$64.38M11.7%

COM$52.77M9.6%

Portfolio Concentration

Top 3$212.02M38.6%

4–10$234.00M42.6%

11–25$31.29M5.7%

Rest$72.33M13.2%

Top 3 weight

38.6%

Top 10 weight

81.1%

Voting Authority Distribution

Total shares with voting rights: 4.55M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

4.55M

% of voting shares100.0%

Investment Discretion (by position count)

Sole414

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings414

Rows:

iShares Core S&P 500

SOLE

CORE S&P500 ETF

Shares118.80K

TypeSH

Market value$81.37M

14.80%

Sole

0.00

Shared

0.00

None

118.80K

iShares MSCI Emerging Markets ETF

SOLE

MSCI EMG MKT ETF

Shares1.20M

TypeSH

Market value$65.41M

11.90%

Sole

0.00

Shared

0.00

None

1.20M

Invesco QQQ Trust ETF

SOLE

UNIT SER 1

Shares106.20K

TypeSH

Market value$65.24M

11.87%

Sole

0.00

Shared

0.00

None

106.20K

iShares S&P 500 Growth ETF

SOLE

S&P 500 GRWT ETF

Shares524.31K

TypeSH

Market value$64.63M

11.76%

Sole

0.00

Shared

0.00

None

524.31K

SPDR S&P 500

SOLE

TR UNIT

Shares94.60K

TypeSH

Market value$64.51M

11.74%

Sole

0.00

Shared

0.00

None

94.60K

iShares MSCI EAFE ETF

SOLE

MSCI EAFE ETF

Shares670.45K

TypeSH

Market value$64.38M

11.71%

Sole

0.00

Shared

0.00

None

670.45K

iShares iBoxx USD Inv Grade Corp Bond ETF

SOLE

IBOXX INV CP ETF

Shares233.46K

TypeSH

Market value$25.72M

4.68%

Sole

0.00

Shared

0.00

None

233.46K

iShares iBoxx USD High Yield Corp Bond ETF

SOLE

IBOXX HI YD ETF

Shares81.18K

TypeSH

Market value$6.55M

1.19%

Sole

0.00

Shared

0.00

None

81.18K

AIM ETF Products Trust - AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF

SOLE

ALLIANZIM US EQU

Shares121.07K

TypeSH

Market value$4.15M

0.76%

Sole

0.00

Shared

0.00

None

121.07K

AIM ETF Products Trust - AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF

SOLE

ALLIANZIM US EQU

Shares116.96K

TypeSH

Market value$4.06M

0.74%

Sole

0.00

Shared

0.00

None

116.96K

BlackRock Institutional Trust Company N.A. - BTC iShares U.S. Telecomm

SOLE

US TELECOM ETF

Shares80.88K

TypeSH

Market value$2.74M

0.50%

Sole

0.00

Shared

0.00

None

80.88K

iShares U.S. Technology ETF

SOLE

U.S. TECH ETF

Shares13.13K

TypeSH

Market value$2.62M

0.48%

Sole

0.00

Shared

0.00

None

13.13K

iShares U.S. Healthcare ETF

SOLE

US HLTHCARE ETF

Shares39.11K

TypeSH

Market value$2.55M

0.46%

Sole

0.00

Shared

0.00

None

39.11K

BlackRock Institutional Trust Company N.A. - BTC iShares U.S. Utilitie

SOLE

U.S. UTILITS ETF

Shares23.32K

TypeSH

Market value$2.53M

0.46%

Sole

0.00

Shared

0.00

None

23.32K

Micron Technology Inc.

SOLE

COM

Shares7.42K

TypeSH

Market value$2.12M

0.39%

Sole

0.00

Shared

0.00

None

7.42K

AIM ETF Products Trust - AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF

SOLE

ALLIANZIM US EQU

Shares68.87K

TypeSH

Market value$2.09M

0.38%

Sole

0.00

Shared

0.00

None

68.87K

AIM ETF Products Trust - AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF

SOLE

ALLIANZIM US EQU

Shares69.90K

TypeSH

Market value$2.08M

0.38%

Sole

0.00

Shared

0.00

None

69.90K

ALLIANZIM US BUFFERED 15 UNCAPPED JAN

SOLE

ALLIANZIM US EQU

Shares73.76K

TypeSH

Market value$2.08M

0.38%

Sole

0.00

Shared

0.00

None

73.76K

ALLIANZIM US BUFFER 15 UNCAPPED OCT ETF

SOLE

ALLIANZIM US EQU

Shares72.84K

TypeSH

Market value$2.07M

0.38%

Sole

0.00

Shared

0.00

None

72.84K

Alphabet Inc - Ordinary Shares - Class C

SOLE

CAP STK CL C

Shares6.03K

TypeSH

Market value$1.89M

0.34%

Sole

0.00

Shared

0.00

None

6.03K

Monster Beverage Corp.

SOLE

COM

Shares24.17K

TypeSH

Market value$1.85M

0.34%

Sole

0.00

Shared

0.00

None

24.17K

Lam Research Corp.

SOLE

COM NEW

Shares10.54K

TypeSH

Market value$1.80M

0.33%

Sole

0.00

Shared

0.00

None

10.54K

American Electric Power Company Inc.

SOLE

COM

Shares14.79K

TypeSH

Market value$1.71M

0.31%

Sole

0.00

Shared

0.00

None

14.79K

Alphabet Inc - Ordinary Shares - Class A

SOLE

CAP STK CL A

Shares5.06K

TypeSH

Market value$1.58M

0.29%

Sole

0.00

Shared

0.00

None

5.06K

Xcel Energy, Inc.

SOLE

COM

Shares21.43K

TypeSH

Market value$1.58M

0.29%

Sole

0.00

Shared

0.00

None

21.43K

Issuer	Class	Shares	Type	Value / Portfolio %	None
iShares Core S&P 500SOLE	CORE S&P500 ETF	118.80K	SH	$81.37M 14.80%	118.80K
iShares MSCI Emerging Markets ETFSOLE	MSCI EMG MKT ETF	1.20M	SH	$65.41M 11.90%	1.20M
Invesco QQQ Trust ETFSOLE	UNIT SER 1	106.20K	SH	$65.24M 11.87%	106.20K
iShares S&P 500 Growth ETFSOLE	S&P 500 GRWT ETF	524.31K	SH	$64.63M 11.76%	524.31K
SPDR S&P 500SOLE	TR UNIT	94.60K	SH	$64.51M 11.74%	94.60K
iShares MSCI EAFE ETFSOLE	MSCI EAFE ETF	670.45K	SH	$64.38M 11.71%	670.45K
iShares iBoxx USD Inv Grade Corp Bond ETFSOLE	IBOXX INV CP ETF	233.46K	SH	$25.72M 4.68%	233.46K
iShares iBoxx USD High Yield Corp Bond ETFSOLE	IBOXX HI YD ETF	81.18K	SH	$6.55M 1.19%	81.18K
AIM ETF Products Trust - AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETFSOLE	ALLIANZIM US EQU	121.07K	SH	$4.15M 0.76%	121.07K
AIM ETF Products Trust - AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETFSOLE	ALLIANZIM US EQU	116.96K	SH	$4.06M 0.74%	116.96K
BlackRock Institutional Trust Company N.A. - BTC iShares U.S. TelecommSOLE	US TELECOM ETF	80.88K	SH	$2.74M 0.50%	80.88K
iShares U.S. Technology ETFSOLE	U.S. TECH ETF	13.13K	SH	$2.62M 0.48%	13.13K
iShares U.S. Healthcare ETFSOLE	US HLTHCARE ETF	39.11K	SH	$2.55M 0.46%	39.11K
BlackRock Institutional Trust Company N.A. - BTC iShares U.S. UtilitieSOLE	U.S. UTILITS ETF	23.32K	SH	$2.53M 0.46%	23.32K
Micron Technology Inc.SOLE	COM	7.42K	SH	$2.12M 0.39%	7.42K
AIM ETF Products Trust - AllianzIM U.S. Equity Buffer15 Uncapped Apr ETFSOLE	ALLIANZIM US EQU	68.87K	SH	$2.09M 0.38%	68.87K
AIM ETF Products Trust - AllianzIM U.S. Equity Buffer15 Uncapped Jul ETFSOLE	ALLIANZIM US EQU	69.90K	SH	$2.08M 0.38%	69.90K
ALLIANZIM US BUFFERED 15 UNCAPPED JANSOLE	ALLIANZIM US EQU	73.76K	SH	$2.08M 0.38%	73.76K
ALLIANZIM US BUFFER 15 UNCAPPED OCT ETFSOLE	ALLIANZIM US EQU	72.84K	SH	$2.07M 0.38%	72.84K
Alphabet Inc - Ordinary Shares - Class CSOLE	CAP STK CL C	6.03K	SH	$1.89M 0.34%	6.03K
Monster Beverage Corp.SOLE	COM	24.17K	SH	$1.85M 0.34%	24.17K
Lam Research Corp.SOLE	COM NEW	10.54K	SH	$1.80M 0.33%	10.54K
American Electric Power Company Inc.SOLE	COM	14.79K	SH	$1.71M 0.31%	14.79K
Alphabet Inc - Ordinary Shares - Class ASOLE	CAP STK CL A	5.06K	SH	$1.58M 0.29%	5.06K
Xcel Energy, Inc.SOLE	COM	21.43K	SH	$1.58M 0.29%	21.43K

Page 1 of 17

…