# FOCUSED ALPHA, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2105062. Source: https://holderbook.com/funds/2105062-focused-alpha-llc/

- Reported value: $390.1M
- Positions: 264
- Weight of the ten largest: 30.5%
- Filed: 2026-08-07

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 |
|---|---|---|---|---|---|
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $20.5M | 27,433 | 5.3% | 3 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $17.4M | 47,025 | 4.5% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $12.9M | 34,522 | 3.3% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $12.8M | 35,723 | 3.3% | 3 |
| AB ACTIVE ETFS INC | [SYFI](https://holderbook.com/stocks/SYFI/) | $10.4M | 290,618 | 2.7% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $9.6M | 33,108 | 2.5% | 3 |
| ZACKS TRUST | [GROZ](https://holderbook.com/stocks/GROZ/) | $9.5M | 298,078 | 2.4% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $9.4M | 39,475 | 2.4% | 3 |
| PGIM ETF TR | [PULS](https://holderbook.com/stocks/PULS/) | $8.3M | 167,962 | 2.1% | 3 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $8.2M | 37,554 | 2.1% | 3 |
| FEDERATED HERMES ETF TRUST | [FTRB](https://holderbook.com/stocks/FTRB/) | $7.4M | 295,664 | 1.9% | 3 |
| SCM TRUST | [SEPI](https://holderbook.com/stocks/SEPI/) | $7.1M | 254,510 | 1.8% | 3 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $6.5M | 8,676 | 1.7% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $6.1M | 12,222 | 1.6% | 3 |
| RBB FUND TRUST | [FEGE](https://holderbook.com/stocks/FEGE/) | $5.9M | 121,095 | 1.5% | 3 |
| FEDERATED HERMES ETF TRUST | [FDV](https://holderbook.com/stocks/FDV/) | $5.7M | 182,324 | 1.5% | 3 |
| PRINCIPAL EXCHANGE TRADED FD | [PREF](https://holderbook.com/stocks/PREF/) | $5.7M | 296,734 | 1.4% | 3 |
| GOLDMAN SACHS ETF TR | [GPIX](https://holderbook.com/stocks/GPIX/) | $5.6M | 101,643 | 1.4% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $5.6M | 28,055 | 1.4% | 3 |
| VANECK ETF TRUST | [SMOT](https://holderbook.com/stocks/SMOT/) | $5.4M | 137,722 | 1.4% | 3 |
| FIRST TR EXCHNG TRADED FD VI | [UCON](https://holderbook.com/stocks/UCON/) | $5.2M | 209,939 | 1.3% | 3 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $4.7M | 149,169 | 1.2% | 3 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $4.4M | 57,543 | 1.1% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $4.2M | 11,979 | 1.1% | 3 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $4.2M | 123,142 | 1.1% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $4.1M | 12,533 | 1.1% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $3.8M | 7,386 | 1.0% | 3 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $3.6M | 10,621 | 0.9% | 3 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $3.4M | 21,258 | 0.9% | 3 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $3.1M | 13,047 | 0.8% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $2.7M | 2,900 | 0.7% | 3 |
| FIRST TR EXCHANGE-TRADED FD | [EMLP](https://holderbook.com/stocks/EMLP/) | $2.4M | 55,496 | 0.6% | 3 |
| ZACKS TRUST | [SMIZ](https://holderbook.com/stocks/SMIZ/) | $2.4M | 53,882 | 0.6% | 1 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $2.4M | 17,464 | 0.6% | 3 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $2.3M | 10,285 | 0.6% | 3 |
| ISHARES INC | [URTH](https://holderbook.com/stocks/URTH/) | $2.3M | 11,416 | 0.6% | 2 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.3M | 19,479 | 0.6% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $2.2M | 3 | 0.6% | 3 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $2.2M | 21,507 | 0.6% | 3 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $2.2M | 2,146 | 0.6% | 3 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $2.2M | 7,200 | 0.6% | 3 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $2.1M | 9,784 | 0.5% | 3 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $2.1M | 2,868 | 0.5% | 2 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $2.0M | 4,210 | 0.5% | 3 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $2.0M | 23,186 | 0.5% | 3 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $2.0M | 7,690 | 0.5% | 3 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.9M | 4,547 | 0.5% | 3 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.9M | 5,052 | 0.5% | 3 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $1.9M | 13,321 | 0.5% | 3 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.8M | 3,223 | 0.5% | 3 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.8M | 12,627 | 0.5% | 3 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $1.7M | 5,631 | 0.4% | 3 |
| PROSHARES TR | [TQQQ](https://holderbook.com/stocks/TQQQ/) | $1.6M | 20,001 | 0.4% | 3 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $1.6M | 2,191 | 0.4% | 3 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.6M | 2,744 | 0.4% | 1 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $1.6M | 1,343 | 0.4% | 3 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.6M | 1,362 | 0.4% | 3 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $1.5M | 15,586 | 0.4% | 3 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $1.4M | 3,831 | 0.4% | 3 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.4M | 8,448 | 0.4% | 3 |
| INVESCO EXCHANGE TRADED FD T | [SPHQ](https://holderbook.com/stocks/SPHQ/) | $1.4M | 15,126 | 0.3% | 3 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $1.3M | 3,094 | 0.3% | 3 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $1.3M | 12,923 | 0.3% | 3 |
| INVESCO EXCH TRADED FD TR II | [SPMO](https://holderbook.com/stocks/SPMO/) | $1.3M | 8,077 | 0.3% | 3 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $1.3M | 3,561 | 0.3% | 3 |
| BIO RAD LABS INC | [BIO](https://holderbook.com/stocks/BIO/) | $1.2M | 4,205 | 0.3% | 3 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.2M | 1,133 | 0.3% | 3 |
| PACER FDS TR | [QDPL](https://holderbook.com/stocks/QDPL/) | $1.2M | 26,734 | 0.3% | 3 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $1.2M | 4,090 | 0.3% | 3 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $1.1M | 9,034 | 0.3% | 3 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $1.1M | 5,425 | 0.3% | 3 |
| ISHARES TR | [IBHH](https://holderbook.com/stocks/IBHH/) | $1.1M | 46,879 | 0.3% | 3 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $1.1M | 9,355 | 0.3% | 3 |
| ISHARES TR | [IBHG](https://holderbook.com/stocks/IBHG/) | $1.1M | 47,815 | 0.3% | 3 |
| VANGUARD WORLD FD | [MGV](https://holderbook.com/stocks/MGV/) | $1.0M | 6,335 | 0.3% | 1 |
| ISHARES TR | [IBHF](https://holderbook.com/stocks/IBHF/) | $1.0M | 44,945 | 0.3% | 3 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $1.0M | 1,470 | 0.3% | 3 |
| BLACKROCK ETF TRUST II | [CLOA](https://holderbook.com/stocks/CLOA/) | $1.0M | 19,395 | 0.3% | 3 |
| JANUS DETROIT STR TR | [JSMD](https://holderbook.com/stocks/JSMD/) | $1.0M | 9,879 | 0.3% | 1 |
| NUVEEN QUALITY MUNCP INCOME | [NAD](https://holderbook.com/stocks/NAD/) | $996.3K | 82,205 | 0.3% | 3 |
| UNITED MICROELECTRONICS CORP | [UMC](https://holderbook.com/stocks/UMC/) | $989.5K | 36,364 | 0.3% | 3 |
| ISHARES TR | [IWY](https://holderbook.com/stocks/IWY/) | $982.3K | 3,380 | 0.3% | 3 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $954.4K | 18,903 | 0.2% | 3 |
| ISHARES TR | [IBHI](https://holderbook.com/stocks/IBHI/) | $918.0K | 39,247 | 0.2% | 3 |
| GLOBAL X FDS | [XYLD](https://holderbook.com/stocks/XYLD/) | $906.3K | 22,218 | 0.2% | 2 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $903.2K | 8,187 | 0.2% | 3 |
| THORNBURG ETF TR | [TXUE](https://holderbook.com/stocks/TXUE/) | $901.1K | 26,105 | 0.2% | 1 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $890.4K | 2,939 | 0.2% | 3 |
| ISHARES TR | [IYH](https://holderbook.com/stocks/IYH/) | $884.3K | 13,196 | 0.2% | 3 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $882.3K | 10,950 | 0.2% | 3 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $876.3K | 6,409 | 0.2% | 3 |
| EATON VANCE MUN INCOME TERM | [ETX](https://holderbook.com/stocks/ETX/) | $874.7K | 46,649 | 0.2% | 3 |
| TERADYNE INC | [TER](https://holderbook.com/stocks/TER/) | $860.8K | 1,779 | 0.2% | 3 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $844.7K | 3,326 | 0.2% | 3 |
| WISDOMTREE TR | [DGRW](https://holderbook.com/stocks/DGRW/) | $837.7K | 8,761 | 0.2% | 3 |
| ISHARES TR | [IBDT](https://holderbook.com/stocks/IBDT/) | $823.9K | 32,629 | 0.2% | 3 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $820.7K | 4,839 | 0.2% | 3 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $783.7K | 11,456 | 0.2% | 3 |
| ISHARES TR | [IBDS](https://holderbook.com/stocks/IBDS/) | $778.4K | 32,137 | 0.2% | 3 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $775.4K | 804 | 0.2% | 3 |

## 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 | +12.1% | +14.8% | -2.7% | 99% |
| Q1 2026 | -3.3% | -4.6% | +1.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $390.1M | 264 |
| Q1 2026 | $323.7M | 247 |
| Q4 2025 | $340.3M | 243 |