SEC 13F Intelligence

Managers / Q1 2026

FORTEM FINANCIAL GROUP, LLC

CIK 0001766509 · 44801 VILLAGE COURT #201, PALM DESERT, CA, 92260 · 760-206-8500

Reported Value
$399M
Q1 2026
Positions
173
Filings on Record
32
2019–present window
Filed
Apr 16, 2026
original filing

Summary

Fortem Financial Group, LLC reported $399M in U.S.-listed holdings across 173 positions for Q1 2026.

Its largest position, NVDA, represents 3.9% of the portfolio.

Compared with Q4 2025, the fund opened 11 new positions and exited 11.

Portfolio Metrics

Turnover
+8.5%
vs prior filed quarter
Top-10 Concentration
+29.7%
share of reported value
Largest Position
+3.9%
Nvidia Corporation
New / Exited
11 / 11
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $83MQ4 ’18Q1 ’19: $96MQ2 ’19: $99MQ3 ’19: $117MQ4 ’19: $135MQ4 ’19Q1 ’20: $110MQ2 ’20: $129MQ3 ’20: $138MQ4 ’20: $167MQ4 ’20Q1 ’21: $173MQ2 ’21: $197MQ3 ’21: $197MQ4 ’21: $219MQ4 ’21Q1 ’22: $228MQ2 ’22: $153MQ3 ’22: $144MQ4 ’22: $171MQ4 ’22Q1 ’23: $154MQ2 ’23: $169MQ3 ’23: $171MQ4 ’23: $201MQ4 ’23Q1 ’24: $228MQ2 ’24: $233MQ3 ’24: $246MQ4 ’24: $258MQ4 ’24Q1 ’25: $257MQ2 ’25: $310MQ3 ’25: $348MQ4 ’25: $374MQ4 ’25Q1 ’26: $399Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 64.5%ETP: 29.2%ADR: 1.9%REIT: 1.9%MLP: 1.8%Other: 0.7%
  • Common Stock · 64.5% · $257M
  • ETP · 29.2% · $116M
  • ADR · 1.9% · $8M
  • REIT · 1.9% · $7M
  • MLP · 1.8% · $7M
  • Other · 0.7% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+3.5K3.5K+$870,480$870,480
BLACKROCK SCIENCE & TECHNOLONEW+13.4K13.4K+$485,745$485,745
TXNTEXAS INSTRS INCNEW+2.3K2.3K+$438,562$438,562
CFCF INDS HLDGS INCNEW+2.7K2.7K+$356,800$356,800
CHVCHEVRON CORP NEWNEW+1.6K1.6K+$333,730$333,730
GLWCORNING INCNEW+2.1K2.1K+$291,112$291,112
RVTROYCE SMALL CAP TRUST INCNEW+17.4K17.4K+$288,641$288,641
XPOXPO INCNEW+1.4K1.4K+$265,755$265,755

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GLOBAL X FDSGLOBAL X URANIUM · DEFENSE TECH ETF · US INFR DEV ETF6.06%$24M459.7K
2NVDANVIDIA CORPORATIONhistory →COM3.86%$15M88.1K
3SSGA ACTIVE ETF TRSTATE STREET BLA3.62%$14M359.8K
4PLTRPALANTIR TECHNOLOGIES INChistory →CL A3.53%$14M96.1K
5ALPS ETF TRALERIAN MLP3.25%$13M245.7K
6AVGOBROADCOM INChistory →COM2.45%$10M31.5K
7TSLATESLA INChistory →COM2.43%$10M26.0K
8KLACKLA CORPhistory →COM NEW2.42%$10M6.6K
9ETF OPPORTUNITIES TRUSTAPPLIED FINA VAL2.25%$9M214.4K
10SPDR SERIES TRUSTSTATE STREET SPD2.24%$9M82.8K
11COHEN & STEERS ETF TRUSTPREFERRED AND IN2.15%$9M334.0K
12NDQINVESCO QQQ TRhistory →UNIT SER 12.11%$8M14.6K
13DELLDELL TECHNOLOGIES INChistory →CL C1.87%$7M45.3K
14AMZNAMAZON COM INChistory →COM1.82%$7M34.9K
15GOOGLALPHABET INChistory →CAP STK CL A1.81%$7M25.1K
16AAPLAPPLE INChistory →COM1.73%$7M27.1K
17JANUS DETROIT STR TRHENDRSN SHRT ETF1.71%$7M139.8K
18EMEEMCOR GROUP INChistory →COM1.71%$7M9.2K
19TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS1.63%$6M19.2K
20LRCXLAM RESEARCH CORPhistory →COM NEW1.61%$6M30.0K
21AMATAPPLIED MATLS INChistory →COM1.58%$6M18.4K
22MSFTMICROSOFT CORPhistory →COM1.58%$6M17.0K
23METAMETA PLATFORMS INChistory →CL A1.26%$5M8.8K
24NEMNEWMONT CORPhistory →COM1.25%$5M46.1K
25APHAMPHENOL CORP NEWhistory →CL A1.21%$5M38.2K
26CAHCARDINAL HEALTH INChistory →COM1.04%$4M19.6K
27CMICUMMINS INChistory →COM1.03%$4M7.7K
28NLYANNALY CAPITAL MANAGEMENT INhistory →COM NEW1.03%$4M193.9K
29TPRTAPESTRY INChistory →COM1.03%$4M29.0K
30ADIANALOG DEVICES INChistory →COM1.01%$4M12.7K
31TERTERADYNE INCCOM0.98%$4M13.2K
32NFLXNETFLIX INCCOM0.95%$4M39.6K
33VANGUARD INDEX FDSLARGE CAP ETF0.83%$3M11.1K
34HWMHOWMET AEROSPACE INCCOM0.82%$3M14.3K
35EOGEOG RES INCCOM0.82%$3M22.6K
36ADVISORS INNER CIRCLE FD IIISTRATEGAS MACRO0.82%$3M83.2K
37HCAHCA HEALTHCARE INCCOM0.80%$3M6.7K
38NRANRG ENERGY INCCOM NEW0.79%$3M21.5K
39ETENERGY TRANSFER L PCOM UT LTD PTN0.75%$3M155.8K
40SPDR S&P 500 ETF TRTR UNIT0.75%$3M4.6K
41LNGCHENIERE ENERGY INCCOM NEW0.73%$3M10.2K
42GOLDMAN SACHS ETF TRVALUE OPPORTUNIT0.71%$3M71.5K
43PNWPINNACLE WEST CAP CORPCOM0.68%$3M26.9K
44NFGNATIONAL FUEL GAS COCOM0.68%$3M28.7K
45ADSKAUTODESK INCCOM0.67%$3M11.1K
46JPMJPMORGAN CHASE & CO.COM0.65%$3M8.8K
47ULTAULTA BEAUTY INCCOM0.63%$3M4.8K
48HALHALLIBURTON COCOM0.63%$3M64.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$399M173Apr 16, 202613F-HRchanges · EDGAR ↗
Q4 2025$374M173Feb 4, 202613F-HRchanges · EDGAR ↗
Q3 2025$348M167Nov 4, 202513F-HRchanges · EDGAR ↗
Q2 2025$310M171Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$257M185May 1, 202513F-HRchanges · EDGAR ↗
Q4 2024$258M176Jan 6, 202513F-HRchanges · EDGAR ↗
Q3 2024$246M174Nov 18, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2024$233M167Aug 2, 202413F-HRchanges · EDGAR ↗
Q1 2024$228M166May 1, 202413F-HRchanges · EDGAR ↗
Q4 2023$201M161Feb 13, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2023$171M159Oct 10, 202313F-HRchanges · EDGAR ↗
Q2 2023$169M156Jul 18, 202313F-HRchanges · EDGAR ↗
Q1 2023$154M147Apr 21, 202313F-HRchanges · EDGAR ↗
Q4 2022$171M155Jan 17, 202313F-HRchanges · EDGAR ↗
Q3 2022$144M154Nov 1, 202213F-HRchanges · EDGAR ↗
Q2 2022$153M168Jul 25, 202213F-HRchanges · EDGAR ↗
Q1 2022$228M169Apr 27, 202213F-HRchanges · EDGAR ↗
Q4 2021$219M170Jan 20, 202213F-HRchanges · EDGAR ↗
Q3 2021$197M170Oct 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$197M164Jul 14, 202113F-HRchanges · EDGAR ↗
Q1 2021$173M161Apr 20, 202113F-HRchanges · EDGAR ↗
Q4 2020$167M468Jan 29, 202113F-HRchanges · EDGAR ↗
Q3 2020$138M142Oct 15, 202013F-HRchanges · EDGAR ↗
Q2 2020$129M133Jul 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$110M129Apr 23, 202013F-HRchanges · EDGAR ↗
Q4 2019$135M124Feb 11, 202013F-HRchanges · EDGAR ↗
Q3 2019$117M122Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$99M147Aug 9, 201913F-HRchanges · EDGAR ↗
Q1 2019$96M138May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$83M128Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.