# Financially Speaking Inc

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2040901. Source: https://holderbook.com/funds/2040901-financially-speaking-inc/

- Reported value: $20.6M
- Positions: 103
- Weight of the ten largest: 87.5%
- Filed: 2026-07-27

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 |
|---|---|---|---|---|---|
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $7.5M | 149,073 | 36.6% | 5 |
| FIDELITY MERRIMACK STR TR | [FLDR](https://holderbook.com/stocks/FLDR/) | $7.5M | 150,614 | 36.6% | 7 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $757.1K | 5,176 | 3.7% | 7 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $449.8K | 3,082 | 2.2% | 5 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $438.6K | 2,515 | 2.1% | 7 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $348.1K | 2,052 | 1.7% | 7 |
| XCEL ENERGY INC | [XEL](https://holderbook.com/stocks/XEL/) | $302.5K | 3,808 | 1.5% | 7 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $217.8K | 891 | 1.1% | 5 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $213.9K | 2,468 | 1.0% | 7 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $204.3K | 205 | 1.0% | 7 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $198.1K | 1,027 | 1.0% | 5 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $188.1K | 2,850 | 0.9% | 5 |
| OCCIDENTAL PETE CORP | [OXY](https://holderbook.com/stocks/OXY/) | $120.1K | 1,848 | 0.6% | 7 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $114.8K | 2,208 | 0.6% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $110.1K | 383 | 0.5% | 5 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $90.8K | 292 | 0.4% | 7 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $83.3K | 200 | 0.4% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $81.7K | 322 | 0.4% | 5 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $79.3K | 435 | 0.4% | 5 |
| J P MORGAN EXCHANGE TRADED F | [JTEK](https://holderbook.com/stocks/JTEK/) | $73.2K | 920 | 0.4% | 5 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $69.4K | 140 | 0.3% | 5 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $69.4K | 2,764 | 0.3% | 2 |
| LENNOX INTL INC | [LII](https://holderbook.com/stocks/LII/) | $61.7K | 133 | 0.3% | 5 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $61.5K | 284 | 0.3% | 5 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $61.2K | 1,220 | 0.3% | 5 |
| INVESCO EXCH TRADED FD TR II | [SPLV](https://holderbook.com/stocks/SPLV/) | $60.4K | 826 | 0.3% | 5 |
| TCW ETF TRUST | [PWRD](https://holderbook.com/stocks/PWRD/) | $54.0K | 552 | 0.3% | 5 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $52.6K | 364 | 0.3% | 5 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $50.2K | 1,730 | 0.2% | 5 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $47.0K | 488 | 0.2% | 7 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $44.2K | 90 | 0.2% | 5 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $43.1K | 212 | 0.2% | 5 |
| ADVISORS INNER CIRCLE FD III | [DEMZ](https://holderbook.com/stocks/DEMZ/) | $42.5K | 1,058 | 0.2% | 5 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $38.9K | 187 | 0.2% | 7 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $36.4K | 377 | 0.2% | 5 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $36.2K | 53 | 0.2% | 7 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $35.8K | 400 | 0.2% | 5 |
| GLOBAL X FDS | [SHLD](https://holderbook.com/stocks/SHLD/) | $34.5K | 487 | 0.2% | 2 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $32.9K | 100 | 0.2% | 5 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $30.1K | 682 | 0.1% | 5 |
| MCCORMICK & CO INC | [MKC](https://holderbook.com/stocks/MKC/) | $29.3K | 580 | 0.1% | 5 |
| RIVIAN AUTOMOTIVE INC | [RIVN](https://holderbook.com/stocks/RIVN/) | $27.6K | 1,837 | 0.1% | 7 |
| NORDSON CORP | [NDSN](https://holderbook.com/stocks/NDSN/) | $26.6K | 100 | 0.1% | 7 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $25.3K | 77 | 0.1% | 4 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $24.5K | 502 | 0.1% | 5 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $22.8K | 334 | 0.1% | 5 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $22.0K | 158 | 0.1% | 5 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $21.2K | 176 | 0.1% | 7 |
| AUTOLIV INC | [ALV](https://holderbook.com/stocks/ALV/) | $17.0K | 162 | 0.1% | 7 |
| SAMSARA INC | [IOT](https://holderbook.com/stocks/IOT/) | $15.8K | 500 | 0.1% | 7 |
| BP PLC | [BP](https://holderbook.com/stocks/BP/) | $15.5K | 330 | 0.1% | 5 |
| APA CORPORATION | [APA](https://holderbook.com/stocks/APA/) | $14.6K | 344 | 0.1% | 5 |
| GRAYSCALE BITCOIN TRUST ETF | [GBTC](https://holderbook.com/stocks/GBTC/) | $14.5K | 275 | 0.1% | 7 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $14.4K | 61 | 0.1% | 5 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $14.1K | 85 | 0.1% | 5 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $13.3K | 36 | 0.1% | 5 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $12.9K | 100 | 0.1% | 5 |
| ATMOS ENERGY CORP | [ATO](https://holderbook.com/stocks/ATO/) | $11.7K | 63 | 0.1% | 5 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $10.2K | 126 | 0.0% | 5 |
| ALLEGION PLC | [ALLE](https://holderbook.com/stocks/ALLE/) | $9.6K | 66 | 0.0% | 7 |
| ISHARES TR | [SOXX](https://holderbook.com/stocks/SOXX/) | $8.2K | 25 | 0.0% | 2 |
| BORGWARNER INC | [BWA](https://holderbook.com/stocks/BWA/) | $6.5K | 120 | 0.0% | 7 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $6.1K | 35 | 0.0% | 7 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $6.0K | 21 | 0.0% | 5 |
| GREIF INC | [GEF](https://holderbook.com/stocks/GEF/) | $6.0K | 89 | 0.0% | 5 |
| BITMINE IMMERSION TECHS INC | [BMNR](https://holderbook.com/stocks/BMNR/) | $5.9K | 300 | 0.0% | 4 |
| ENERGY FUELS INC | [UUUU](https://holderbook.com/stocks/UUUU/) | $5.5K | 300 | 0.0% | 4 |
| CENTURY ALUM CO | [CENX](https://holderbook.com/stocks/CENX/) | $5.5K | 93 | 0.0% | 2 |
| SPOTIFY TECHNOLOGY S A | [SPOT](https://holderbook.com/stocks/SPOT/) | $5.3K | 11 | 0.0% | 5 |
| SPDR SERIES TRUST | [XAR](https://holderbook.com/stocks/XAR/) | $5.1K | 20 | 0.0% | 2 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $4.9K | 30 | 0.0% | 2 |
| RED CAT HLDGS INC | [RCAT](https://holderbook.com/stocks/RCAT/) | $3.9K | 300 | 0.0% | 2 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $3.7K | 13 | 0.0% | 7 |
| BIGBEAR AI HLDGS INC | [BBAI](https://holderbook.com/stocks/BBAI/) | $3.5K | 1,000 | 0.0% | 5 |
| GOLD RESOURCE CORP | [GORO](https://holderbook.com/stocks/GORO/) | $3.5K | 2,930 | 0.0% | 2 |
| DHI GROUP INC | [DHX](https://holderbook.com/stocks/DHX/) | $2.7K | 950 | 0.0% | 7 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $2.6K | 3 | 0.0% | 7 |
| GLOBAL X FDS | [URA](https://holderbook.com/stocks/URA/) | $2.6K | 53 | 0.0% | 4 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $2.6K | 93 | 0.0% | 5 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $2.3K | 31 | 0.0% | 7 |
| HIMS & HERS HEALTH INC | [HIMS](https://holderbook.com/stocks/HIMS/) | $2.1K | 100 | 0.0% | 5 |
| ABRDN PLATINUM ETF TRUST | [PPLT](https://holderbook.com/stocks/PPLT/) | $1.8K | 10 | 0.0% | 3 |
| NANO DIMENSION LTD | [NNDM](https://holderbook.com/stocks/NNDM/) | $1.7K | 1,000 | 0.0% | 5 |
| GRAYSCALE BITCOIN MINI TR ET | [BTC](https://holderbook.com/stocks/BTC/) | $1.6K | 55 | 0.0% | 7 |
| PHINIA INC | [PHIN](https://holderbook.com/stocks/PHIN/) | $1.6K | 24 | 0.0% | 7 |
| FORD MTR CO | [F](https://holderbook.com/stocks/F/) | $1.6K | 140 | 0.0% | 7 |
| SOUTHWEST AIRLS CO | [LUV](https://holderbook.com/stocks/LUV/) | $1.4K | 38 | 0.0% | 7 |
| LOCAL BOUNTI CORP | [LOCL](https://holderbook.com/stocks/LOCL/) | $1.2K | 1,000 | 0.0% | 3 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $806 | 16 | 0.0% | 7 |
| CRITICAL METALS CORP | [CRML](https://holderbook.com/stocks/CRML/) | $794 | 100 | 0.0% | 3 |
| GRAYSCALE ETHEREUM STAKING | [ETH](https://holderbook.com/stocks/ETH/) | $537 | 27 | 0.0% | 7 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $467 | 16 | 0.0% | 7 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $453 | 10 | 0.0% | 7 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $423 | 11 | 0.0% | 3 |
| ISHARES TR | [IEV](https://holderbook.com/stocks/IEV/) | $408 | 6 | 0.0% | 6 |
| GE HEALTHCARE TECHNOLOGIES I | [GEHC](https://holderbook.com/stocks/GEHC/) | $285 | 4 | 0.0% | 7 |
| WILLAMETTE VALLEY VINEYARDS | [WVVI](https://holderbook.com/stocks/WVVI/) | $257 | 100 | 0.0% | 5 |
| BUMBLE INC | [BMBL](https://holderbook.com/stocks/BMBL/) | $163 | 50 | 0.0% | 5 |
| ISHARES TR | [ILIT](https://holderbook.com/stocks/ILIT/) | $104 | 6 | 0.0% | 2 |
| OKLO INC | [OKLO](https://holderbook.com/stocks/OKLO/) | $100 | 2 | 0.0% | 4 |

## 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 | +0.5% | +14.8% | -14.3% | 100% |
| Q1 2026 | -1.7% | -4.6% | +3.0% | 87% |
| Q4 2025 | +1.6% | +2.4% | -0.8% | 90% |
| Q3 2025 | +4.1% | +7.8% | -3.7% | 86% |
| Q2 2025 | +5.8% | +10.5% | -4.7% | 71% |
| Q1 2025 | -0.1% | -4.6% | +4.4% | 79% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $20.6M | 103 |
| Q1 2026 | $20.6M | 114 |
| Q4 2025 | $154.6M | 165 |
| Q3 2025 | $152.2M | 167 |
| Q2 2025 | $152.0M | 162 |
| Q1 2025 | $135.6M | 78 |
| Q4 2024 | $147.2M | 178 |