Focused Alpha

DENVER, COfiles as FOCUSED ALPHA, LLC

$390m in 264 US stocks at the end of 30 June 2026. The top 10 are 30.5% of the money. It changed about 16.7% of the portfolio this quarter.

Value

$390m

Stocks

264

Top 10 share

30.5%

Turnover

16.7%

What changed this quarter

New

Bought for the first time this quarter.

Zacks TrustGROZ
2.4% of the fund
Zacks TrustSMIZ
0.6% of the fund
Advanced Micro DevicesAMD
0.4% of the fund
Vanguard World FDMGV
0.3% of the fund
Janus Detroit STR TRJSMD
0.3% of the fund
Thornburg ETF TRTXUE
0.2% of the fund
Freeport-McMoRanFCX
0.2% of the fund
AppLovinAPP
0.2% of the fund
Blackrock ETF Trust IISHYM
0.2% of the fund
QualcommQCOM
0.1% of the fund
ConocoPhillipsCOP
0.1% of the fund
NateraNTRA
0.1% of the fund
Vertiv HoldingsVRT
0.1% of the fund
ASML Holding NVASML
0.1% of the fund
Ishares TRMTUM
0.1% of the fund
OracleORCL
0.1% of the fund
Ultra Clean HoldingsUCTT
0.1% of the fund
EMCOR GroupEME
0.1% of the fund
Markel GroupMKL
<0.1% of the fund
Lumentum HoldingsLITE
<0.1% of the fund
Ross StoresROST
<0.1% of the fund
MKSMKSI
<0.1% of the fund
GrahamGHM
<0.1% of the fund
Spdr Series TrustSPYM
<0.1% of the fund
Ishares TRIYM
<0.1% of the fund

Added

Bought more of a stock they already held.

Ishares TRIVV
5.3% of the fund
+40%
MicrosoftMSFT
3.3% of the fund
+9%
AB Active EtfsSYFI
2.7% of the fund
+83%
AppleAAPL
2.5% of the fund
+10%
Amazon.comAMZN
2.4% of the fund
+6%
Pgim ETF TRPULS
2.1% of the fund
+60%
State STR Spdr S&P 500 ETF TSPY
1.7% of the fund
+13%
RBB Fund TrustFEGE
1.5% of the fund
+9%
Principal Exchange Traded FDPREF
1.4% of the fund
+114%
NvidiaNVDA
1.4% of the fund
+11%
Vaneck ETF TrustSMOT
1.4% of the fund
+31%
Schwab Strategic TRSCHD
1.2% of the fund
+7%
Ishares TRDGRO
1.1% of the fund
+4%
AlphabetGOOG
1.1% of the fund
+10%
Schwab Strategic TRSCHG
1.1% of the fund
+52%
VisaV
0.9% of the fund
+11%
Vanguard Whitehall FDSVYM
0.9% of the fund
+6%
First TR Exchange-Traded FDEMLP
0.6% of the fund
+10%
IsharesURTH
0.6% of the fund
+373%
Cisco SystemsCSCO
0.6% of the fund
+82%
Ishares TREFA
0.6% of the fund
+376%
Goldman Sachs GroupGS
0.6% of the fund
+63%
Ishares TRIWM
0.6% of the fund
+52%
Applied MaterialsAMAT
0.5% of the fund
+160%
TeslaTSLA
0.5% of the fund
+72%

Cut

Sold some of their stake.

Vanguard Index FDSVTV
2.1% of the fund
-6%
Federated Hermes ETF TrustFTRB
1.9% of the fund
-7%
SCM TrustSEPI
1.8% of the fund
-3%
Berkshire HathawayBRK-B
1.6% of the fund
-13%
Federated Hermes ETF TrustFDV
1.5% of the fund
-18%
Goldman Sachs ETF TRGPIX
1.4% of the fund
-12%
JPMorgan ChaseJPM
1.1% of the fund
-18%
MastercardMA
1.0% of the fund
-19%
Taiwan Semiconductor ManufacturingTSM
0.5% of the fund
-3%
CorningGLW
0.5% of the fund
-9%
BroadcomAVGO
0.5% of the fund
-31%
CitigroupC
0.5% of the fund
-42%
IntelINTC
0.5% of the fund
-46%
Proshares TRTQQQ
0.4% of the fund
-23%
General ElectricGE
0.4% of the fund
-31%
CVS HealthCVS
0.3% of the fund
-41%
CaterpillarCAT
0.3% of the fund
-24%
Invesco Exch Traded FD TR IIQQQM
0.2% of the fund
-14%
Ishares TRIBDS
0.2% of the fund
-6%
Seagate Technology HoldingsSTX
0.2% of the fund
-40%
MerckMRK
0.2% of the fund
-3%
Bank of New York MellonBNY
0.2% of the fund
-11%
Ishares Silver TRSLV
0.2% of the fund
-4%
Ishares TRIBDR
0.2% of the fund
-13%
DeereDE
0.2% of the fund
-3%

Sold out

Sold their entire stake.

Fundvantage TRPCHI
-100%
J P Morgan Exchange Traded FJGRO
-100%
Listed FDS TRCCOR
-100%
Corcept TherapeuticsCORT
-100%
S&P GlobalSPGI
-100%
Bank of AmericaBAC
-100%
AST SpaceMobileASTS
-100%
Charles SchwabSCHW
-100%
TargetTGT
-100%
Booking HoldingsBKNG
-100%
CoherentCOHR
-100%
AutozoneAZO
-100%
Thermo Fisher ScientificTMO
-100%
CelcuityCELC
-100%
GarminGRMN
-100%
Warner Bros. DiscoveryWBD
-100%
AlbemarleALB
-100%
Vanguard Scottsdale FDSVTWO
-100%
ModernaMRNA
-100%
Vanguard Russell 2000VTWV
-100%
RambusRMBS
-100%
Applied DigitalAPLD
-100%
Palantir TechnologiesPLTR
-100%
Kratos Defense & Security SolutionsKTOS
-100%
Vanguard Whitehall FDSVYMI
-100%

Holdings

Ishares TRIVV
Share
5.3%
Value
$21m
Shares
27,433
+40%
Vanguard Index FDSVTI
Share
4.5%
Value
$17m
Shares
47,025
Held
MicrosoftMSFT
Share
3.3%
Value
$13m
Shares
34,522
+9%
AlphabetGOOGL
Share
3.3%
Value
$13m
Shares
35,723
Held
AB Active EtfsSYFI
Share
2.7%
Value
$10m
Shares
290,618
+83%
AppleAAPL
Share
2.5%
Value
$10m
Shares
33,108
+10%
Zacks TrustGROZ
Share
2.4%
Value
$9m
Shares
298,078
New
Amazon.comAMZN
Share
2.4%
Value
$9m
Shares
39,475
+6%
Pgim ETF TRPULS
Share
2.1%
Value
$8m
Shares
167,962
+60%
Vanguard Index FDSVTV
Share
2.1%
Value
$8m
Shares
37,554
-6%
Federated Hermes ETF TrustFTRB
Share
1.9%
Value
$7m
Shares
295,664
-7%
SCM TrustSEPI
Share
1.8%
Value
$7m
Shares
254,510
-3%
State STR Spdr S&P 500 ETF TSPY
Share
1.7%
Value
$6m
Shares
8,676
+13%
Berkshire HathawayBRK-B
Share
1.6%
Value
$6m
Shares
12,222
-13%
RBB Fund TrustFEGE
Share
1.5%
Value
$6m
Shares
121,095
+9%
Federated Hermes ETF TrustFDV
Share
1.5%
Value
$6m
Shares
182,324
-18%
Principal Exchange Traded FDPREF
Share
1.4%
Value
$6m
Shares
296,734
+114%
Goldman Sachs ETF TRGPIX
Share
1.4%
Value
$6m
Shares
101,643
-12%
NvidiaNVDA
Share
1.4%
Value
$6m
Shares
28,055
+11%
Vaneck ETF TrustSMOT
Share
1.4%
Value
$5m
Shares
137,722
+31%
First TR Exchng Traded FD VIUCON
Share
1.3%
Value
$5m
Shares
209,939
Held
Schwab Strategic TRSCHD
Share
1.2%
Value
$5m
Shares
149,169
+7%
Ishares TRDGRO
Share
1.1%
Value
$4m
Shares
57,543
+4%
AlphabetGOOG
Share
1.1%
Value
$4m
Shares
11,979
+10%
Schwab Strategic TRSCHG
Share
1.1%
Value
$4m
Shares
123,142
+52%
JPMorgan ChaseJPM
Share
1.1%
Value
$4m
Shares
12,533
-18%
MastercardMA
Share
1.0%
Value
$4m
Shares
7,386
-19%
VisaV
Share
0.9%
Value
$4m
Shares
10,621
+11%
Vanguard Whitehall FDSVYM
Share
0.9%
Value
$3m
Shares
21,258
+6%
Vanguard Specialized FundsVIG
Share
0.8%
Value
$3m
Shares
13,047
Held
Costco WholesaleCOST
Share
0.7%
Value
$3m
Shares
2,900
Held
First TR Exchange-Traded FDEMLP
Share
0.6%
Value
$2m
Shares
55,496
+10%
Zacks TrustSMIZ
Share
0.6%
Value
$2m
Shares
53,882
New
Ishares TRIVW
Share
0.6%
Value
$2m
Shares
17,464
Held
Ishares TRIVE
Share
0.6%
Value
$2m
Shares
10,285
Held
IsharesURTH
Share
0.6%
Value
$2m
Shares
11,416
+373%
Cisco SystemsCSCO
Share
0.6%
Value
$2m
Shares
19,479
+82%
Berkshire Hathaway INC DELBRK-A
Share
0.6%
Value
$2m
Shares
3
Held
Ishares TREFA
Share
0.6%
Value
$2m
Shares
21,507
+376%
Goldman Sachs GroupGS
Share
0.6%
Value
$2m
Shares
2,146
+63%
Ishares TRIWM
Share
0.6%
Value
$2m
Shares
7,200
+52%
Invesco Exchange Traded FD TRSP
Share
0.5%
Value
$2m
Shares
9,784
Held
Applied MaterialsAMAT
Share
0.5%
Value
$2m
Shares
2,868
+160%
Taiwan Semiconductor ManufacturingTSM
Share
0.5%
Value
$2m
Shares
4,210
-3%
Vanguard Index FDSVUG
Share
0.5%
Value
$2m
Shares
23,186
Held
CorningGLW
Share
0.5%
Value
$2m
Shares
7,690
-9%
TeslaTSLA
Share
0.5%
Value
$2m
Shares
4,547
+72%
BroadcomAVGO
Share
0.5%
Value
$2m
Shares
5,052
-31%
CitigroupC
Share
0.5%
Value
$2m
Shares
13,321
-42%
Meta PlatformsMETA
Share
0.5%
Value
$2m
Shares
3,223
+4%
IntelINTC
Share
0.5%
Value
$2m
Shares
12,627
-46%
Texas InstrumentsTXN
Share
0.4%
Value
$2m
Shares
5,631
+49%
Proshares TRTQQQ
Share
0.4%
Value
$2m
Shares
20,001
-23%
Invesco QQQ TRQQQ
Share
0.4%
Value
$2m
Shares
2,191
Held
Advanced Micro DevicesAMD
Share
0.4%
Value
$2m
Shares
2,744
New
GE VernovaGEV
Share
0.4%
Value
$2m
Shares
1,343
Held
Micron TechnologyMU
Share
0.4%
Value
$2m
Shares
1,362
+10%
Ishares TRIEFA
Share
0.4%
Value
$2m
Shares
15,586
Held
General ElectricGE
Share
0.4%
Value
$1m
Shares
3,831
-31%
ChevronCVX
Share
0.4%
Value
$1m
Shares
8,448
+60%
Invesco Exchange Traded FD TSPHQ
Share
0.3%
Value
$1m
Shares
15,126
+28%
Lam ResearchLRCX
Share
0.3%
Value
$1m
Shares
3,094
+112%
CVS HealthCVS
Share
0.3%
Value
$1m
Shares
12,923
-41%
Invesco Exch Traded FD TR IISPMO
Share
0.3%
Value
$1m
Shares
8,077
+37%
AmgenAMGN
Share
0.3%
Value
$1m
Shares
3,561
+9%
Bio-Rad LaboratoriesBIO
Share
0.3%
Value
$1m
Shares
4,205
Held
CaterpillarCAT
Share
0.3%
Value
$1m
Shares
1,133
-24%
Pacer FDS TRQDPL
Share
0.3%
Value
$1m
Shares
26,734
Held
International Business MachinesIBM
Share
0.3%
Value
$1m
Shares
4,090
Held
Gilead SciencesGILD
Share
0.3%
Value
$1m
Shares
9,034
Held
Morgan StanleyMS
Share
0.3%
Value
$1m
Shares
5,425
Held
Ishares TRIBHH
Share
0.3%
Value
$1m
Shares
46,879
+13%
BlackstoneBX
Share
0.3%
Value
$1m
Shares
9,355
+5%
Ishares TRIBHG
Share
0.3%
Value
$1m
Shares
47,815
+15%
Vanguard World FDMGV
Share
0.3%
Value
$1m
Shares
6,335
New
Ishares TRIBHF
Share
0.3%
Value
$1m
Shares
44,945
+14%
Vanguard Index FDSVOO
Share
0.3%
Value
$1m
Shares
1,470
+2%
Blackrock ETF Trust IICLOA
Share
0.3%
Value
$1m
Shares
19,395
+18%
Janus Detroit STR TRJSMD
Share
0.3%
Value
$1m
Shares
9,879
New
Nuveen Quality Municipal Income FundNAD
Share
0.3%
Value
$996,319
Shares
82,205
+17%
United MicroelectronicsUMC
Share
0.3%
Value
$989,459
Shares
36,364
+11%
Ishares TRIWY
Share
0.3%
Value
$982,319
Shares
3,380
+57%
Janus Detroit STR TRJAAA
Share
0.2%
Value
$954,388
Shares
18,903
+13%
Ishares TRIBHI
Share
0.2%
Value
$917,990
Shares
39,247
Held
Global X FDSXYLD
Share
0.2%
Value
$906,275
Shares
22,218
Held
Ishares TRIWR
Share
0.2%
Value
$903,174
Shares
8,187
+6%
Thornburg ETF TRTXUE
Share
0.2%
Value
$901,142
Shares
26,105
New
Invesco Exch Traded FD TR IIQQQM
Share
0.2%
Value
$890,406
Shares
2,939
-14%
Ishares TRIYH
Share
0.2%
Value
$884,264
Shares
13,196
+61%
Vanguard Index FDSVO
Share
0.2%
Value
$882,261
Shares
10,950
Held
ExxonMobil HoldingsXOM
Share
0.2%
Value
$876,258
Shares
6,409
+29%
Eaton Vance Municipal Income 2028 Term TrustETX
Share
0.2%
Value
$874,666
Shares
46,649
Held
TeradyneTER
Share
0.2%
Value
$860,779
Shares
1,779
+96%
Johnson & JohnsonJNJ
Share
0.2%
Value
$844,682
Shares
3,326
+20%
Wisdomtree TRDGRW
Share
0.2%
Value
$837,718
Shares
8,761
Held
Ishares TRIBDT
Share
0.2%
Value
$823,875
Shares
32,629
Held
State StreetSTT
Share
0.2%
Value
$820,749
Shares
4,839
Held
Ishares TREEM
Share
0.2%
Value
$783,716
Shares
11,456
Held
Ishares TRIBDS
Share
0.2%
Value
$778,360
Shares
32,137
-6%
Seagate Technology HoldingsSTX
Share
0.2%
Value
$775,394
Shares
804
-40%

Company	Share of fund	Value	Shares	Change
Ishares TRIVV	5.3%	$21m	27,433	+40%
Vanguard Index FDSVTI	4.5%	$17m	47,025	Held
MicrosoftMSFT	3.3%	$13m	34,522	+9%
AlphabetGOOGL	3.3%	$13m	35,723	Held
AB Active EtfsSYFI	2.7%	$10m	290,618	+83%
AppleAAPL	2.5%	$10m	33,108	+10%
Zacks TrustGROZ	2.4%	$9m	298,078	New
Amazon.comAMZN	2.4%	$9m	39,475	+6%
Pgim ETF TRPULS	2.1%	$8m	167,962	+60%
Vanguard Index FDSVTV	2.1%	$8m	37,554	-6%
Federated Hermes ETF TrustFTRB	1.9%	$7m	295,664	-7%
SCM TrustSEPI	1.8%	$7m	254,510	-3%
State STR Spdr S&P 500 ETF TSPY	1.7%	$6m	8,676	+13%
Berkshire HathawayBRK-B	1.6%	$6m	12,222	-13%
RBB Fund TrustFEGE	1.5%	$6m	121,095	+9%
Federated Hermes ETF TrustFDV	1.5%	$6m	182,324	-18%
Principal Exchange Traded FDPREF	1.4%	$6m	296,734	+114%
Goldman Sachs ETF TRGPIX	1.4%	$6m	101,643	-12%
NvidiaNVDA	1.4%	$6m	28,055	+11%
Vaneck ETF TrustSMOT	1.4%	$5m	137,722	+31%
First TR Exchng Traded FD VIUCON	1.3%	$5m	209,939	Held
Schwab Strategic TRSCHD	1.2%	$5m	149,169	+7%
Ishares TRDGRO	1.1%	$4m	57,543	+4%
AlphabetGOOG	1.1%	$4m	11,979	+10%
Schwab Strategic TRSCHG	1.1%	$4m	123,142	+52%
JPMorgan ChaseJPM	1.1%	$4m	12,533	-18%
MastercardMA	1.0%	$4m	7,386	-19%
VisaV	0.9%	$4m	10,621	+11%
Vanguard Whitehall FDSVYM	0.9%	$3m	21,258	+6%
Vanguard Specialized FundsVIG	0.8%	$3m	13,047	Held
Costco WholesaleCOST	0.7%	$3m	2,900	Held
First TR Exchange-Traded FDEMLP	0.6%	$2m	55,496	+10%
Zacks TrustSMIZ	0.6%	$2m	53,882	New
Ishares TRIVW	0.6%	$2m	17,464	Held
Ishares TRIVE	0.6%	$2m	10,285	Held
IsharesURTH	0.6%	$2m	11,416	+373%
Cisco SystemsCSCO	0.6%	$2m	19,479	+82%
Berkshire Hathaway INC DELBRK-A	0.6%	$2m	3	Held
Ishares TREFA	0.6%	$2m	21,507	+376%
Goldman Sachs GroupGS	0.6%	$2m	2,146	+63%
Ishares TRIWM	0.6%	$2m	7,200	+52%
Invesco Exchange Traded FD TRSP	0.5%	$2m	9,784	Held
Applied MaterialsAMAT	0.5%	$2m	2,868	+160%
Taiwan Semiconductor ManufacturingTSM	0.5%	$2m	4,210	-3%
Vanguard Index FDSVUG	0.5%	$2m	23,186	Held
CorningGLW	0.5%	$2m	7,690	-9%
TeslaTSLA	0.5%	$2m	4,547	+72%
BroadcomAVGO	0.5%	$2m	5,052	-31%
CitigroupC	0.5%	$2m	13,321	-42%
Meta PlatformsMETA	0.5%	$2m	3,223	+4%
IntelINTC	0.5%	$2m	12,627	-46%
Texas InstrumentsTXN	0.4%	$2m	5,631	+49%
Proshares TRTQQQ	0.4%	$2m	20,001	-23%
Invesco QQQ TRQQQ	0.4%	$2m	2,191	Held
Advanced Micro DevicesAMD	0.4%	$2m	2,744	New
GE VernovaGEV	0.4%	$2m	1,343	Held
Micron TechnologyMU	0.4%	$2m	1,362	+10%
Ishares TRIEFA	0.4%	$2m	15,586	Held
General ElectricGE	0.4%	$1m	3,831	-31%
ChevronCVX	0.4%	$1m	8,448	+60%
Invesco Exchange Traded FD TSPHQ	0.3%	$1m	15,126	+28%
Lam ResearchLRCX	0.3%	$1m	3,094	+112%
CVS HealthCVS	0.3%	$1m	12,923	-41%
Invesco Exch Traded FD TR IISPMO	0.3%	$1m	8,077	+37%
AmgenAMGN	0.3%	$1m	3,561	+9%
Bio-Rad LaboratoriesBIO	0.3%	$1m	4,205	Held
CaterpillarCAT	0.3%	$1m	1,133	-24%
Pacer FDS TRQDPL	0.3%	$1m	26,734	Held
International Business MachinesIBM	0.3%	$1m	4,090	Held
Gilead SciencesGILD	0.3%	$1m	9,034	Held
Morgan StanleyMS	0.3%	$1m	5,425	Held
Ishares TRIBHH	0.3%	$1m	46,879	+13%
BlackstoneBX	0.3%	$1m	9,355	+5%
Ishares TRIBHG	0.3%	$1m	47,815	+15%
Vanguard World FDMGV	0.3%	$1m	6,335	New
Ishares TRIBHF	0.3%	$1m	44,945	+14%
Vanguard Index FDSVOO	0.3%	$1m	1,470	+2%
Blackrock ETF Trust IICLOA	0.3%	$1m	19,395	+18%
Janus Detroit STR TRJSMD	0.3%	$1m	9,879	New
Nuveen Quality Municipal Income FundNAD	0.3%	$996,319	82,205	+17%
United MicroelectronicsUMC	0.3%	$989,459	36,364	+11%
Ishares TRIWY	0.3%	$982,319	3,380	+57%
Janus Detroit STR TRJAAA	0.2%	$954,388	18,903	+13%
Ishares TRIBHI	0.2%	$917,990	39,247	Held
Global X FDSXYLD	0.2%	$906,275	22,218	Held
Ishares TRIWR	0.2%	$903,174	8,187	+6%
Thornburg ETF TRTXUE	0.2%	$901,142	26,105	New
Invesco Exch Traded FD TR IIQQQM	0.2%	$890,406	2,939	-14%
Ishares TRIYH	0.2%	$884,264	13,196	+61%
Vanguard Index FDSVO	0.2%	$882,261	10,950	Held
ExxonMobil HoldingsXOM	0.2%	$876,258	6,409	+29%
Eaton Vance Municipal Income 2028 Term TrustETX	0.2%	$874,666	46,649	Held
TeradyneTER	0.2%	$860,779	1,779	+96%
Johnson & JohnsonJNJ	0.2%	$844,682	3,326	+20%
Wisdomtree TRDGRW	0.2%	$837,718	8,761	Held
Ishares TRIBDT	0.2%	$823,875	32,629	Held
State StreetSTT	0.2%	$820,749	4,839	Held
Ishares TREEM	0.2%	$783,716	11,456	Held
Ishares TRIBDS	0.2%	$778,360	32,137	-6%
Seagate Technology HoldingsSTX	0.2%	$775,394	804	-40%

Showing the largest 100 of 264.

Over time and by industry

Value over time

Dec '25

Jun '26

Value is up 14.6% since 31 December 2025.

Where the money is

Technology14.5%

Financial services7.8%

Media & telecom5.3%

Retail & consumer4.0%

Health care2.8%

Industrials2.7%

Everyday goods1.3%

Energy1.0%

Utilities1.0%

Materials0.6%

Real estate0.3%

Other58.7%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.