# FORONJY FINANCIAL LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2040600. Source: https://holderbook.com/funds/2040600-foronjy-financial-llc/

- Reported value: $272.2M
- Positions: 108
- Weight of the ten largest: 50.0%
- Filed: 2026-07-23

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $21.6M | 180,863 | 7.9% | 5 |
| INVESCO EXCH TRD SLF IDX FD | [BSCU](https://holderbook.com/stocks/BSCU/) | $17.0M | 1,022,344 | 6.3% | 5 |
| ISHARES TR | [IEI](https://holderbook.com/stocks/IEI/) | $17.0M | 144,494 | 6.2% | 5 |
| INVESCO EXCH TRD SLF IDX FD | [BSCW](https://holderbook.com/stocks/BSCW/) | $15.2M | 739,990 | 5.6% | 5 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $12.9M | 67,520 | 4.7% | 5 |
| ISHARES TR | [SHYG](https://holderbook.com/stocks/SHYG/) | $12.8M | 302,880 | 4.7% | 5 |
| INVESCO ACTIVELY MANAGED EXC | [GSY](https://holderbook.com/stocks/GSY/) | $11.4M | 228,248 | 4.2% | 5 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $10.8M | 177,040 | 4.0% | 5 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $9.5M | 177,484 | 3.5% | 5 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $8.0M | 50,354 | 2.9% | 5 |
| SPDR INDEX SHS FDS | [SPGM](https://holderbook.com/stocks/SPGM/) | $7.8M | 91,195 | 2.9% | 5 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $7.5M | 40,755 | 2.8% | 5 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $7.3M | 68,081 | 2.7% | 5 |
| ISHARES TR | [IWY](https://holderbook.com/stocks/IWY/) | $7.3M | 25,094 | 2.7% | 5 |
| ISHARES TR | [IBTJ](https://holderbook.com/stocks/IBTJ/) | $6.8M | 315,571 | 2.5% | 5 |
| ISHARES TR | [IBTL](https://holderbook.com/stocks/IBTL/) | $6.8M | 337,588 | 2.5% | 5 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $6.7M | 57,175 | 2.5% | 5 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $6.5M | 75,172 | 2.4% | 5 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $5.4M | 80,146 | 2.0% | 5 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $3.9M | 46,959 | 1.4% | 5 |
| INVESCO EXCHANGE TRADED FD T | [XLG](https://holderbook.com/stocks/XLG/) | $3.7M | 60,882 | 1.4% | 5 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $3.4M | 64,330 | 1.3% | 5 |
| FIDELITY MERRIMACK STR TR | [FBND](https://holderbook.com/stocks/FBND/) | $2.7M | 59,415 | 1.0% | 5 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $2.4M | 22,257 | 0.9% | 5 |
| SPDR SERIES TRUST | [TFI](https://holderbook.com/stocks/TFI/) | $2.3M | 50,950 | 0.9% | 5 |
| GLOBAL X FDS | [PAVE](https://holderbook.com/stocks/PAVE/) | $2.2M | 38,136 | 0.8% | 5 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $2.2M | 47,647 | 0.8% | 5 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $2.1M | 41,600 | 0.8% | 1 |
| SPDR SERIES TRUST | [VLU](https://holderbook.com/stocks/VLU/) | $2.1M | 8,755 | 0.8% | 5 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.1M | 2,809 | 0.8% | 5 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $2.0M | 13,438 | 0.7% | 1 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $2.0M | 22,376 | 0.7% | 5 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $1.8M | 15,509 | 0.7% | 1 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $1.6M | 31,776 | 0.6% | 5 |
| WORLD GOLD TR | [GLDM](https://holderbook.com/stocks/GLDM/) | $1.6M | 19,778 | 0.6% | 4 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $1.5M | 2,958 | 0.6% | 5 |
| SPDR SERIES TRUST | [SHM](https://holderbook.com/stocks/SHM/) | $1.3M | 26,504 | 0.5% | 5 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $1.2M | 26,837 | 0.4% | 5 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.2M | 4,012 | 0.4% | 5 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $1.1M | 10,654 | 0.4% | 5 |
| INNOVATOR ETFS TRUST | [BOCT](https://holderbook.com/stocks/BOCT/) | $1.0M | 19,415 | 0.4% | 3 |
| INNOVATOR ETFS TRUST | [BJAN](https://holderbook.com/stocks/BJAN/) | $1.0M | 17,465 | 0.4% | 4 |
| INNOVATOR ETFS TRUST | [BJUL](https://holderbook.com/stocks/BJUL/) | $1.0M | 18,905 | 0.4% | 4 |
| INNOVATOR ETFS TRUST | [BUFB](https://holderbook.com/stocks/BUFB/) | $1.0M | 26,118 | 0.4% | 5 |
| INNOVATOR ETFS TRUST | [BAPR](https://holderbook.com/stocks/BAPR/) | $1.0M | 19,184 | 0.4% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $979.2K | 4,894 | 0.4% | 5 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $889.2K | 757 | 0.3% | 5 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $885.4K | 2,369 | 0.3% | 5 |
| VANECK ETF TRUST | [SMB](https://holderbook.com/stocks/SMB/) | $748.2K | 43,125 | 0.3% | 1 |
| ISHARES TR | [CMF](https://holderbook.com/stocks/CMF/) | $715.0K | 12,404 | 0.3% | 5 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $667.1K | 1,539 | 0.2% | 5 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $664.9K | 1,783 | 0.2% | 5 |
| INNOVATOR ETFS TRUST | [QFLR](https://holderbook.com/stocks/QFLR/) | $579.5K | 15,884 | 0.2% | 5 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $576.1K | 1,631 | 0.2% | 4 |
| INNOVATOR ETFS TRUST | [SFLR](https://holderbook.com/stocks/SFLR/) | $570.4K | 14,784 | 0.2% | 5 |
| FIDELITY MERRIMACK STR TR | [FCOR](https://holderbook.com/stocks/FCOR/) | $554.3K | 11,757 | 0.2% | 5 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $547.1K | 797 | 0.2% | 5 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $520.8K | 4,194 | 0.2% | 5 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $500.8K | 889 | 0.2% | 5 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $468.5K | 440 | 0.2% | 5 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $433.4K | 2,284 | 0.2% | 5 |
| FIDELITY MERRIMACK STR TR | [FLDR](https://holderbook.com/stocks/FLDR/) | $417.7K | 8,336 | 0.2% | 5 |
| FIDELITY MERRIMACK STR TR | [FIGB](https://holderbook.com/stocks/FIGB/) | $414.5K | 9,677 | 0.2% | 5 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $413.1K | 1,733 | 0.2% | 5 |
| SPDR SERIES TRUST | [SPYX](https://holderbook.com/stocks/SPYX/) | $410.0K | 6,710 | 0.2% | 5 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $401.8K | 2,365 | 0.1% | 5 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $391.9K | 327 | 0.1% | 1 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $389.6K | 520 | 0.1% | 5 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $376.8K | 2,571 | 0.1% | 5 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $372.5K | 11,188 | 0.1% | 4 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $369.2K | 1,020 | 0.1% | 5 |
| FIDELITY COVINGTON TRUST | [FELG](https://holderbook.com/stocks/FELG/) | $364.9K | 8,341 | 0.1% | 5 |
| WISDOMTREE TR | [IHDG](https://holderbook.com/stocks/IHDG/) | $361.1K | 6,893 | 0.1% | 5 |
| FIRST TR EXCH TRADED FD III | [FCAL](https://holderbook.com/stocks/FCAL/) | $351.8K | 7,084 | 0.1% | 5 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $343.2K | 863 | 0.1% | 5 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $334.2K | 1,021 | 0.1% | 5 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $332.6K | 1,310 | 0.1% | 5 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $317.9K | 1,459 | 0.1% | 5 |
| INVESCO EXCHANGE TRADED FD T | [SPGP](https://holderbook.com/stocks/SPGP/) | $314.9K | 2,575 | 0.1% | 5 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $309.9K | 1,232 | 0.1% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $299.2K | 837 | 0.1% | 5 |
| PG&E CORP | [PCG](https://holderbook.com/stocks/PCG/) | $292.2K | 17,372 | 0.1% | 5 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $284.7K | 759 | 0.1% | 1 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $282.0K | 1,599 | 0.1% | 1 |
| FIDELITY COMWLTH TR | [ONEQ](https://holderbook.com/stocks/ONEQ/) | $281.4K | 2,726 | 0.1% | 5 |
| FIDELITY COVINGTON TRUST | [FDHY](https://holderbook.com/stocks/FDHY/) | $278.8K | 5,687 | 0.1% | 5 |
| FIDELITY COVINGTON TRUST | [FELV](https://holderbook.com/stocks/FELV/) | $276.1K | 6,887 | 0.1% | 5 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $270.0K | 357 | 0.1% | 4 |
| CVB FINL CORP | [CVBF](https://holderbook.com/stocks/CVBF/) | $269.5K | 11,953 | 0.1% | 5 |
| FIDELITY COVINGTON TRUST | [FVAL](https://holderbook.com/stocks/FVAL/) | $269.3K | 3,456 | 0.1% | 5 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $253.6K | 271 | 0.1% | 5 |
| INVESCO EXCH TRADED FD TR II | [PWZ](https://holderbook.com/stocks/PWZ/) | $251.1K | 10,243 | 0.1% | 5 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $250.5K | 217 | 0.1% | 1 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $248.1K | 822 | 0.1% | 1 |
| INVESCO EXCHANGE TRADED FD T | [EQWL](https://holderbook.com/stocks/EQWL/) | $246.2K | 1,909 | 0.1% | 5 |
| CASEYS GEN STORES INC | [CASY](https://holderbook.com/stocks/CASY/) | $235.7K | 297 | 0.1% | 1 |
| JABIL INC | [JBL](https://holderbook.com/stocks/JBL/) | $234.2K | 607 | 0.1% | 1 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $233.0K | 522 | 0.1% | 1 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $231.5K | 1,984 | 0.1% | 4 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $230.7K | 771 | 0.1% | 5 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +8.6% | +14.8% | -6.2% | 100% |
| Q1 2026 | -2.7% | -4.6% | +1.9% | 100% |
| Q4 2025 | +1.0% | +2.4% | -1.4% | 100% |
| Q3 2025 | +5.0% | +7.8% | -2.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $272.2M | 108 |
| Q1 2026 | $240.6M | 97 |
| Q4 2025 | $239.5M | 104 |
| Q3 2025 | $228.3M | 103 |
| Q2 2025 | $213.7M | 106 |