USA FINANCIAL FORMULAS

Filed: 4/14/2026ACC: 0001633716-26-000005

📋 What this filing means

USA FINANCIAL FORMULAS filed this quarterly 13F‑HR report disclosing 437 equity positions with a total reported market value of $530.50M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

437

Positions

$530.50M

Total AUM (reported)

4.84M

Total Shares

Allocation by class

SP SMCP600VL ETF$109.90M20.7%

RUSSELL 2000 ETF$108.12M20.4%

S&P MC 400GR ETF$104.84M19.8%

COM$50.07M9.4%

CORE S&P500 ETF$38.13M7.2%

STATE STREET SPD$23.24M4.4%

UNIT BEN INT$18.63M3.5%

Portfolio Concentration

Top 3$322.86M60.9%

4–10$113.97M21.5%

11–25$29.45M5.6%

Rest$64.21M12.1%

Top 3 weight

60.9%

Top 10 weight

82.3%

Voting Authority Distribution

Total shares with voting rights: 4.84M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

4.84M

% of voting shares100.0%

Investment Discretion (by position count)

Sole437

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings437

Rows:

iShares S&P Small-Cap 600 Value ETF

SOLE

SP SMCP600VL ETF

Shares927.82K

TypeSH

Market value$109.90M

20.72%

Sole

0.00

Shared

0.00

None

927.82K

iShares Russell 2000 ETF

SOLE

RUSSELL 2000 ETF

Shares435.96K

TypeSH

Market value$108.12M

20.38%

Sole

0.00

Shared

0.00

None

435.96K

iShares S&P Mid-Cap 400 Growth ETF

SOLE

S&P MC 400GR ETF

Shares1.04M

TypeSH

Market value$104.84M

19.76%

Sole

0.00

Shared

0.00

None

1.04M

iShares Core S&P 500

SOLE

CORE S&P500 ETF

Shares58.37K

TypeSH

Market value$38.13M

7.19%

Sole

0.00

Shared

0.00

None

58.37K

SPDR Series Trust - SPDR Bloomberg Barclays 1-3 Month T-Bill ETF

SOLE

STATE STREET SPD

Shares253.56K

TypeSH

Market value$23.24M

4.38%

Sole

0.00

Shared

0.00

None

253.56K

BlackRock Institutional Trust Company N.A. - BTC iShares S&P GSCI Comm

SOLE

UNIT BEN INT

Shares577.69K

TypeSH

Market value$18.63M

3.51%

Sole

0.00

Shared

0.00

None

577.69K

iShares iBoxx USD Inv Grade Corp Bond ETF

SOLE

IBOXX INV CP ETF

Shares128.24K

TypeSH

Market value$13.98M

2.63%

Sole

0.00

Shared

0.00

None

128.24K

iShares 7-10 Year Treasury Bond ETF

SOLE

7-10 YR TRSY BD

Shares129.17K

TypeSH

Market value$12.33M

2.32%

Sole

0.00

Shared

0.00

None

129.17K

Invesco QQQ Trust ETF

SOLE

UNIT SER 1

Shares6.66K

TypeSH

Market value$3.84M

0.72%

Sole

0.00

Shared

0.00

None

6.66K

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

SOLE

ALLIANZIM US EQU

Shares113.96K

TypeSH

Market value$3.83M

0.72%

Sole

0.00

Shared

0.00

None

113.96K

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

SOLE

ALLIANZIM US EQU

Shares110.56K

TypeSH

Market value$3.73M

0.70%

Sole

0.00

Shared

0.00

None

110.56K

iShares MSCI Emerging Markets ETF

SOLE

MSCI EMG MKT ETF

Shares59.96K

TypeSH

Market value$3.41M

0.64%

Sole

0.00

Shared

0.00

None

59.96K

iShares S&P 500 Growth ETF

SOLE

S&P 500 GRWT ETF

Shares29.04K

TypeSH

Market value$3.28M

0.62%

Sole

0.00

Shared

0.00

None

29.04K

ALLIANZIM US BUFFERED 15 UNCAPPED JAN

SOLE

ALLIANZIM US EQU

Shares69.59K

TypeSH

Market value$1.90M

0.36%

Sole

0.00

Shared

0.00

None

69.59K

ALLIANZIM US BUFFER 15 UNCAPPED OCT ETF

SOLE

ALLIANZIM US EQU

Shares68.73K

TypeSH

Market value$1.90M

0.36%

Sole

0.00

Shared

0.00

None

68.73K

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

SOLE

ALLIANZIM US EQU

Shares65.97K

TypeSH

Market value$1.88M

0.36%

Sole

0.00

Shared

0.00

None

65.97K

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

SOLE

ALLIANZIM US EQU

Shares64.93K

TypeSH

Market value$1.86M

0.35%

Sole

0.00

Shared

0.00

None

64.93K

Applied Materials Inc.

SOLE

COM

Shares4.78K

TypeSH

Market value$1.64M

0.31%

Sole

0.00

Shared

0.00

None

4.78K

Western Digital Corp.

SOLE

COM

Shares5.63K

TypeSH

Market value$1.52M

0.29%

Sole

0.00

Shared

0.00

None

5.63K

Cisco Systems, Inc.

SOLE

COM

Shares19.23K

TypeSH

Market value$1.49M

0.28%

Sole

0.00

Shared

0.00

None

19.23K

Lam Research Corp.

SOLE

COM NEW

Shares6.64K

TypeSH

Market value$1.42M

0.27%

Sole

0.00

Shared

0.00

None

6.64K

Micron Technology Inc.

SOLE

COM

Shares4.08K

TypeSH

Market value$1.38M

0.26%

Sole

0.00

Shared

0.00

None

4.08K

Gilead Sciences, Inc.

SOLE

COM

Shares9.80K

TypeSH

Market value$1.37M

0.26%

Sole

0.00

Shared

0.00

None

9.80K

Ross Stores, Inc.

SOLE

COM

Shares6.19K

TypeSH

Market value$1.34M

0.25%

Sole

0.00

Shared

0.00

None

6.19K

Seagate Technology Holdings Plc

SOLE

ORD SHS

Shares3.39K

TypeSH

Market value$1.33M

0.25%

Sole

0.00

Shared

0.00

None

3.39K

Issuer	Class	Shares	Type	Value / Portfolio %	None
iShares S&P Small-Cap 600 Value ETFSOLE	SP SMCP600VL ETF	927.82K	SH	$109.90M 20.72%	927.82K
iShares Russell 2000 ETFSOLE	RUSSELL 2000 ETF	435.96K	SH	$108.12M 20.38%	435.96K
iShares S&P Mid-Cap 400 Growth ETFSOLE	S&P MC 400GR ETF	1.04M	SH	$104.84M 19.76%	1.04M
iShares Core S&P 500SOLE	CORE S&P500 ETF	58.37K	SH	$38.13M 7.19%	58.37K
SPDR Series Trust - SPDR Bloomberg Barclays 1-3 Month T-Bill ETFSOLE	STATE STREET SPD	253.56K	SH	$23.24M 4.38%	253.56K
BlackRock Institutional Trust Company N.A. - BTC iShares S&P GSCI CommSOLE	UNIT BEN INT	577.69K	SH	$18.63M 3.51%	577.69K
iShares iBoxx USD Inv Grade Corp Bond ETFSOLE	IBOXX INV CP ETF	128.24K	SH	$13.98M 2.63%	128.24K
iShares 7-10 Year Treasury Bond ETFSOLE	7-10 YR TRSY BD	129.17K	SH	$12.33M 2.32%	129.17K
Invesco QQQ Trust ETFSOLE	UNIT SER 1	6.66K	SH	$3.84M 0.72%	6.66K
AIM ETF Products Trust - AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETFSOLE	ALLIANZIM US EQU	113.96K	SH	$3.83M 0.72%	113.96K
AIM ETF Products Trust - AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETFSOLE	ALLIANZIM US EQU	110.56K	SH	$3.73M 0.70%	110.56K
iShares MSCI Emerging Markets ETFSOLE	MSCI EMG MKT ETF	59.96K	SH	$3.41M 0.64%	59.96K
iShares S&P 500 Growth ETFSOLE	S&P 500 GRWT ETF	29.04K	SH	$3.28M 0.62%	29.04K
ALLIANZIM US BUFFERED 15 UNCAPPED JANSOLE	ALLIANZIM US EQU	69.59K	SH	$1.90M 0.36%	69.59K
ALLIANZIM US BUFFER 15 UNCAPPED OCT ETFSOLE	ALLIANZIM US EQU	68.73K	SH	$1.90M 0.36%	68.73K
AIM ETF Products Trust - AllianzIM U.S. Equity Buffer15 Uncapped Jul ETFSOLE	ALLIANZIM US EQU	65.97K	SH	$1.88M 0.36%	65.97K
AIM ETF Products Trust - AllianzIM U.S. Equity Buffer15 Uncapped Apr ETFSOLE	ALLIANZIM US EQU	64.93K	SH	$1.86M 0.35%	64.93K
Applied Materials Inc.SOLE	COM	4.78K	SH	$1.64M 0.31%	4.78K
Western Digital Corp.SOLE	COM	5.63K	SH	$1.52M 0.29%	5.63K
Cisco Systems, Inc.SOLE	COM	19.23K	SH	$1.49M 0.28%	19.23K
Lam Research Corp.SOLE	COM NEW	6.64K	SH	$1.42M 0.27%	6.64K
Micron Technology Inc.SOLE	COM	4.08K	SH	$1.38M 0.26%	4.08K
Gilead Sciences, Inc.SOLE	COM	9.80K	SH	$1.37M 0.26%	9.80K
Ross Stores, Inc.SOLE	COM	6.19K	SH	$1.34M 0.25%	6.19K
Seagate Technology Holdings PlcSOLE	ORD SHS	3.39K	SH	$1.33M 0.25%	3.39K

Page 1 of 18

…