Focus Financial Network, Inc.

MINNEAPOLIS, MN · CIK 2010942 · 13F filing filed 2026-07-09

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyMinneapolis, MN

$3.2bn reported value +15.8% vs Q1 2026

764positions

33.8%in top 10

72 new 354 added 304 reduced 37 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NVIDIA CORPORATION COM NVDA	NVDA	1,598,701	$319.9m9.90%	9.90%	Reduced -23.4k	-23,393 -1.4%
2	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	4,361,225	$147.6m4.57%	4.57%	Reduced -370.3k	-370,301 -7.8%
3	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	161,020	$118.6m3.67%	3.67%	Added +1.6k	+1,630 1.0%
4	APPLE INC COM AAPL	AAPL	336,261	$97.3m3.01%	3.01%	Reduced -3.1k	-3,053 -0.9%
5	ISHARES TR CORE S&P500 ETF IVV	IVV	123,492	$92.5m2.86%	2.86%	Added +10.5k	+10,531 9.3%
6	AMAZON COM INC COM AMZN	AMZN	298,452	$71.1m2.20%	2.20%	Reduced -8.4k	-8,432 -2.8%
7	VANGUARD INDEX FDS VALUE ETF VTV	VTV	296,209	$64.6m2.00%	2.00%	Added +19.0k	+19,031 6.9%
8	ISHARES TR CORE US AGGBD ET AGG	AGG	641,837	$63.5m1.97%	1.97%	Added +33.4k	+33,405 5.5%
9	PROSHARES TR PSHS ULTRA QQQ QLD	QLD	599,844	$58.0m1.80%	1.80%	Added +376	+376 0.1%
10	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	1,818,289	$57.7m1.78%	1.78%	Reduced -164.9k	-164,885 -8.3%
11	SANDISK CORP COM SNDK	SNDK	19,508	$44.4m1.37%	1.37%	Added +4.2k	+4,215 27.6%
12	SCHWAB STRATEGIC TR FUNDAMENTAL INTL FNDF	FNDF	821,704	$43.4m1.34%	1.34%	Added +45.3k	+45,304 5.8%
13	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	481,632	$41.2m1.27%	1.27%	Added +13.3k	+13,296 2.8%
14	INVESCO EXCHANGE TRADED FD T S&P MDCP QUALITY XMHQ	XMHQ	348,740	$39.4m1.22%	1.22%	Added +5.6k	+5,637 1.6%
15	ISHARES TR 7-10 YR TRSY BD IEF	IEF	405,791	$38.4m1.19%	1.19%	Added +22.2k	+22,157 5.8%
16	FIDELITY COVINGTON TRUST ENHANCED SMALL FESM	FESM	771,548	$37.3m1.15%	1.15%	Added +43.8k	+43,768 6.0%
17	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	220,387	$34.8m1.08%	1.08%	Reduced -18.7k	-18,690 -7.8%
18	ALPHABET INC CAP STK CL A GOOGL	GOOGL	90,075	$32.2m1.00%	1.00%	Reduced -9.4k	-9,359 -9.4%
19	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	445,510	$31.7m0.98%	0.98%	Added +22.5k	+22,493 5.3%
20	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	39,307	$29.4m0.91%	0.91%	Added +434	+434 1.1%
21	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	58,099	$29.1m0.90%	0.90%	Reduced -1.7k	-1,668 -2.8%
22	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	112,982	$26.7m0.83%	0.83%	Added +3.7k	+3,706 3.4%
23	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	137,844	$26.3m0.81%	0.81%	Added +1.8k	+1,828 1.3%
24	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	278,605	$24.5m0.76%	0.76%	Added +65.5k	+65,521 30.8%
25	ISHARES TR RUS MID CAP ETF IWR	IWR	217,178	$24.0m0.74%	0.74%	Reduced -4.7k	-4,677 -2.1%
26	T ROWE PRICE ETF INC ULTRA SHRT TRM TBUX	TBUX	459,368	$22.9m0.71%	0.71%	Added +415.1k	+415,054 936.6%
27	MICROSOFT CORP COM MSFT	MSFT	60,635	$22.6m0.70%	0.70%	Reduced -1.7k	-1,691 -2.7%
28	INVESCO EXCHANGE TRADED FD T S&P MDCP MOMNTUM XMMO	XMMO	125,386	$21.3m0.66%	0.66%	Added +1.4k	+1,432 1.2%
29	SCHWAB STRATEGIC TR US LCAP VA ETF SCHV	SCHV	600,252	$20.9m0.65%	0.65%	Reduced -36.6k	-36,590 -5.8%
30	INVESCO EXCHANGE TRADED FD T S&P SMLCP MOMENT XSMO	XSMO	220,755	$20.7m0.64%	0.64%	Reduced -1.3k	-1,258 -0.6%
31	SCHWAB STRATEGIC TR US BRD MKT ETF SCHB	SCHB	710,192	$20.6m0.64%	0.64%	Added +10.5k	+10,501 1.5%
32	ISHARES TR S&P 500 GRWT ETF IVW	IVW	146,039	$20.1m0.62%	0.62%	Reduced -1.2k	-1,196 -0.8%
33	INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM	QQQM	64,987	$19.7m0.61%	0.61%	Added +5.2k	+5,182 8.7%
34	INVESCO EXCHANGE TRADED FD T S&P500 QUALITY SPHQ	SPHQ	217,531	$19.6m0.61%	0.61%	Reduced -23.5k	-23,455 -9.7%
35	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	327,999	$19.6m0.61%	0.61%	Added +4.3k	+4,270 1.3%
36	FIRST TR EXCHANGE-TRADED FD SMID RISNG ETF SDVY	SDVY	442,090	$19.1m0.59%	0.59%	Added +27.0k	+26,976 6.5%
37	SCHWAB STRATEGIC TR US LRG CAP ETF SCHX	SCHX	611,089	$18.0m0.56%	0.56%	Reduced -2.3k	-2,270 -0.4%
38	VANGUARD INDEX FDS SML CP GRW ETF VBK	VBK	47,956	$17.5m0.54%	0.54%	Added +1.1k	+1,090 2.3%
39	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	465,129	$17.1m0.53%	0.53%	Reduced -20.5k	-20,457 -4.2%
40	ISHARES INC MSCI EMRG CHN EMXC	EMXC	164,318	$16.8m0.52%	0.52%	Reduced -70.5k	-70,484 -30.0%
41	WISDOMTREE TR US QTLY DIV GRT DGRW	DGRW	169,182	$16.2m0.50%	0.50%	Reduced -8.5k	-8,477 -4.8%
42	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	535,959	$14.8m0.46%	0.46%	Added +43.5k	+43,487 8.8%
43	ISHARES TR MSCI INTL MOMENT IMTM	IMTM	264,351	$14.1m0.44%	0.44%	Added +4.9k	+4,932 1.9%
44	SCHWAB STRATEGIC TR US SML CAP ETF SCHA	SCHA	387,046	$14.0m0.43%	0.43%	Reduced -27.0k	-27,025 -6.5%
45	INVESCO ACTIVELY MANAGED EXC TOTAL RETURN GTO	GTO	294,261	$13.8m0.43%	0.43%	Added +21.6k	+21,645 7.9%
46	UNITEDHEALTH GROUP INC COM UNH	UNH	32,977	$13.7m0.42%	0.42%	Reduced -1.5k	-1,537 -4.5%
47	ISHARES TR CORE TOTAL USD IUSB	IUSB	284,602	$13.1m0.41%	0.41%	Added +67.6k	+67,583 31.1%
48	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	34,274	$12.7m0.39%	0.39%	Added +784	+784 2.3%
49	FIRST TR EXCHANGE TRADED FD DJ GLBL DIVID FGD	FGD	389,682	$12.5m0.39%	0.39%	New
50	BLACKROCK ETF TRUST ISHARES US EQUIT DYNF	DYNF	179,726	$12.2m0.38%	0.38%	Reduced -15.1k	-15,082 -7.7%
51	NVENT ELECTRIC PLC SHS NVT	NVT	71,797	$12.2m0.38%	0.38%	Reduced -1.7k	-1,678 -2.3%
52	PROFESIONALLY MANAGED PORTFO AKRE FOCUS ETF AKRE	AKRE	226,843	$12.1m0.37%	0.37%	Reduced -165.0k	-165,016 -42.1%
53	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	54,255	$11.9m0.37%	0.37%	Reduced -23.6k	-23,569 -30.3%
54	VANGUARD WORLD FD HEALTH CAR ETF VHT	VHT	38,701	$11.6m0.36%	0.36%	Added +3.4k	+3,437 9.8%
55	SPDR GOLD TR GOLD SHS GLD	GLD	29,860	$11.0m0.34%	0.34%	Reduced -234	-234 -0.8%
56	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	141,122	$11.0m0.34%	0.34%	Added +5.5k	+5,450 4.0%
57	JPMORGAN CHASE & CO COM JPM	JPM	33,578	$11.0m0.34%	0.34%	Added +1.8k	+1,841 5.8%
58	FIRST TR EXCHNG TRADED FD VI TCW UNCONSTRAI UCON	UCON	435,847	$10.8m0.34%	0.34%	New
59	ETFS GOLD TR PHYSCL GOLD SHS SGOL	SGOL	283,322	$10.8m0.34%	0.34%	Reduced -75.1k	-75,094 -20.9%
60	T ROWE PRICE ETF INC CAP APPRECIATION TCAF	TCAF	260,779	$10.7m0.33%	0.33%	Added +174.6k	+174,616 202.7%
61	CATERPILLAR INC COM CAT	CAT	10,043	$10.7m0.33%	0.33%	Added +160	+160 1.6%
62	FIRST TR EXCHANGE TRADED FD RISNG DIVD ACHIV RDVY	RDVY	131,584	$10.7m0.33%	0.33%	Added +370	+370 0.3%
63	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	14,715	$10.1m0.31%	0.31%	Added +857	+857 6.2%
64	BLACKROCK ETF TRUST ISHA IN CTRY ETF CORO	CORO	274,833	$10.1m0.31%	0.31%	Added +62.1k	+62,075 29.2%
65	COSTCO WHSL CORP NEW COM COST	COST	10,630	$9.9m0.31%	0.31%	Added +367	+367 3.6%
66	SCHWAB STRATEGIC TR US TIPS ETF SCHP	SCHP	368,427	$9.8m0.30%	0.30%	Added +32.2k	+32,212 9.6%
67	CAPITAL GROUP DIVIDEND VALUE SHS CREATION UNI CGDV	CGDV	193,176	$9.5m0.30%	0.30%	Added +82.4k	+82,401 74.4%
68	SPDR SER TR PORTFOLIO S&P600 SPSM	SPSM	160,378	$9.2m0.29%	0.29%	Reduced -28.7k	-28,725 -15.2%
69	3M CO COM MMM	MMM	55,567	$9.0m0.28%	0.28%	Added +2.3k	+2,309 4.3%
70	QUANTUM COMPUTING INC COM QUBT	QUBT	911,635	$8.8m0.27%	0.27%	Added +730.2k	+730,240 402.6%
71	J P MORGAN EXCHANGE TRADED F US QUALTY FCTR JQUA	JQUA	117,142	$8.5m0.26%	0.26%	Added +6.5k	+6,474 5.8%
72	ELI LILLY & CO COM LLY	LLY	7,014	$8.4m0.26%	0.26%	Added +122	+122 1.8%
73	ISHARES TR S&P 500 VAL ETF IVE	IVE	36,930	$8.4m0.26%	0.26%	Reduced -1.9k	-1,865 -4.8%
74	J P MORGAN EXCHANGE TRADED F INCOME ETF JPIE	JPIE	178,616	$8.2m0.25%	0.25%	Added +54.7k	+54,710 44.1%
75	MORGAN STANLEY ETF TRUST EATON VANCE TOTA EVTR	EVTR	160,768	$8.2m0.25%	0.25%	Added +95.9k	+95,890 147.8%
76	VANGUARD SCOTTSDALE FDS LONG TERM TREAS VGLT	VGLT	147,527	$8.1m0.25%	0.25%	Added +57.4k	+57,412 63.7%
77	BROADCOM INC COM AVGO	AVGO	20,920	$7.9m0.24%	0.24%	Added +38	+38 0.2%
78	ISHARES TR NATIONAL MUN ETF MUB	MUB	70,944	$7.6m0.24%	0.24%	Reduced -558	-558 -0.8%
79	FIRST TR EXCHANGE-TRADED FD NO AMER ENERGY EMLP	EMLP	166,609	$7.2m0.22%	0.22%	Added +38.6k	+38,585 30.1%
80	ISHARES TR INTERNATIONAL SL ISCF	ISCF	164,366	$7.1m0.22%	0.22%	Added +151.4k	+151,432 1170.8%
81	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	79,877	$6.9m0.21%	0.21%	Added +2.5k	+2,453 3.2%
82	VIRGIN GALACTIC HOLDINGS INC COM NEW SPCE	SPCE	2,380,623	$6.9m0.21%	0.21%	New
83	DELTA AIR LINES INC DEL COM NEW DAL	DAL	71,796	$6.7m0.21%	0.21%	Reduced -23.8k	-23,779 -24.9%
84	JOHNSON & JOHNSON COM JNJ	JNJ	26,353	$6.7m0.21%	0.21%	Reduced -1.6k	-1,585 -5.7%
85	TESLA INC COM TSLA	TSLA	15,600	$6.6m0.20%	0.20%	Reduced -524	-524 -3.2%
86	VANGUARD INDEX FDS MID CAP ETF VO	VO	79,154	$6.4m0.20%	0.20%	Added +9.1k	+9,078 12.9%
87	INVESCO EXCHANGE TRADED FD T DIVID ACHIEVEV PFM	PFM	113,600	$6.3m0.19%	0.19%	Added +326	+326 0.3%
88	ISHARES TR U.S. TECH ETF IYW	IYW	24,743	$6.2m0.19%	0.19%	Added +281	+281 1.1%
89	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	29,295	$6.2m0.19%	0.19%	Reduced -1.5k	-1,462 -4.8%
90	ISHARES TR MSCI USA VALUE VLUE	VLUE	31,114	$6.2m0.19%	0.19%	Added +25	+25 0.1%
91	XCEL ENERGY INC COM XEL	XEL	76,389	$6.1m0.19%	0.19%	Reduced -3.9k	-3,909 -4.9%
92	ISHARES TR 1 3 YR TREAS BD SHY	SHY	74,405	$6.1m0.19%	0.19%	Reduced -1.0k	-1,039 -1.4%
93	TERADYNE INC COM TER	TER	12,208	$5.9m0.18%	0.18%	New
94	BLACKROCK ETF TRUST ISHA I IN TE ETF BAI	BAI	111,967	$5.9m0.18%	0.18%	Reduced -25.8k	-25,817 -18.7%
95	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	79,602	$5.8m0.18%	0.18%	Added +9.7k	+9,680 13.8%
96	SELECT SECTOR SPDR TR ENERGY XLE	XLE	109,738	$5.8m0.18%	0.18%	Added +14.9k	+14,945 15.8%
97	GOLDMAN SACHS GROUP INC COM GS	GS	5,649	$5.7m0.18%	0.18%	Added +18	+18 0.3%
98	FIRST TR EXCHANGE TRADED FD RBA INDL ETF AIRR	AIRR	42,647	$5.7m0.18%	0.18%	Reduced -4.3k	-4,340 -9.2%
99	ISHARES TR ISHARES SEMICDTR SOXX	SOXX	8,798	$5.6m0.17%	0.17%	Reduced -1.5k	-1,457 -14.2%
100	SCHWAB STRATEGIC TR FUNDAMENTAL US L FNDX	FNDX	179,678	$5.6m0.17%	0.17%	Added +8.7k	+8,737 5.1%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
ISHARES TR ILTB	ILTB	254,176	$12.4m254.2k shares
IONQ INC IONQ	IONQ	174,332	$5.0m174.3k shares
J P MORGAN EXCHANGE TRADED F JBND	JBND	88,993	$4.8m89.0k shares
EXXON MOBIL CORP XOM	XOM	24,926	$4.2m24.9k shares
HONEYWELL INTL INC		8,027	$3.6m8.0k shares
ISHARES TR IAGG	IAGG	26,993	$1.4m27.0k shares
VANECK ETF TRUST EMLC	EMLC	33,286	$835.8k33.3k shares
SEA LTD SE	SE	8,543	$707.4k8.5k shares
ABRDN SILVER ETF TRUST SIVR	SIVR	9,348	$669.4k9.3k shares
ISHARES TR IBDR	IBDR	16,352	$396.4k16.4k shares
FIRST SOLAR INC FSLR	FSLR	1,947	$384.1k1.9k shares
SUPER MICRO COMPUTER INC SMCI	SMCI	16,655	$379.2k16.7k shares
RUBRIK INC. RBRK	RBRK	7,671	$375.6k7.7k shares
APPLOVIN CORP APP	APP	941	$374.5k941 shares
ZSCALER INC ZS	ZS	2,496	$350.2k2.5k shares
WILLIS TOWERS WATSON PLC LTD WTW	WTW	1,108	$322.1k1.1k shares
MSCI INC MSCI	MSCI	576	$310.7k576 shares
CARNIVAL CORP		11,382	$294.6k11.4k shares
DUPONT DE NEMOURS INC DWDP	DWDP	1,801	$247.4k1.8k shares
INSULET CORP PODD	PODD	1,140	$239.2k1.1k shares
CONAGRA BRANDS INC CAG	CAG	15,167	$238.4k15.2k shares
MCCORMICK & CO INC MKC	MKC	4,530	$228.5k4.5k shares
QUANTA SVCS INC PWR	PWR	411	$225.9k411 shares
LEIDOS HOLDINGS INC LDOS	LDOS	1,433	$222.8k1.4k shares
PAYPAL HLDGS INC PYPL	PYPL	4,793	$216.8k4.8k shares