Managers / Q4 2025 · view latest →
FOCUSED ALPHA, LLC
CIK 0002105062 · 1401 LAWRENCE STREET, SUITE 1600, DENVER, CO, 80202 · 303-529-5100
Summary
Focused Alpha, LLC reported $340M in U.S.-listed holdings across 243 positions for Q4 2025.
Its largest position, MSFT, represents 5.0% of the portfolio.
Portfolio Metrics
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
Portfolio Composition
- ETP · 49.8% · $170M
- Common Stock · 46.8% · $159M
- ADR · 2.0% · $7M
- Closed-End Fund · 0.6% · $2M
- Other · 0.6% · $2M
- Other · 0.2% · $845,689
Quarter-over-Quarter Changes full breakdown →
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| MSFTMICROSOFT CORP | NEW | +35.1K | 35.1K | +$17M | $17M |
| VANGUARD INDEX FDS | NEW | +43.7K | 43.7K | +$15M | $15M |
| ISHARES TR | NEW | +21.2K | 21.2K | +$15M | $15M |
| GOOGLALPHABET INC | NEW | +39.8K | 39.8K | +$12M | $12M |
| AMZNAMAZON COM INC | NEW | +38.8K | 38.8K | +$9M | $9M |
| AAPLAPPLE INC | NEW | +32.0K | 32.0K | +$9M | $9M |
| PGIM ETF TR | NEW | +171.7K | 171.7K | +$9M | $9M |
| VTVVANGUARD INDEX FDS | NEW | +39.9K | 39.9K | +$8M | $8M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ISHARES TR | CORE S&P500 ETF · CORE DIV GRWTH · S&P 500 GRWT ETF · S&P 500 VAL ETF · CORE MSCI EAFE | 7.13% | $24M | 121.5K |
| 2 | VTVVANGUARD INDEX FDS | TOTAL STK MKT · VALUE ETF · GROWTH ETF | 7.12% | $24M | 87.6K |
| 3 | MSFTMICROSOFT CORPhistory → | COM | 4.99% | $17M | 35.1K |
| 4 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 4.72% | $16M | 51.2K |
| 5 | GOLDMAN SACHS ETF TR | ULTRA SHORT BOND · S&P 500 PREMIUM | 3.03% | $10M | 201.8K |
| 6 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW · CL A | 2.89% | $10M | 15.1K |
| 7 | AMZNAMAZON COM INChistory → | COM | 2.63% | $9M | 38.8K |
| 8 | AAPLAPPLE INChistory → | COM | 2.56% | $9M | 32.0K |
| 9 | PGIM ETF TR | PGIM ULTRA SH BD | 2.50% | $9M | 171.7K |
| 10 | NVDANVIDIA CORPORATIONhistory → | COM | 1.96% | $7M | 35.7K |
| 11 | MAMASTERCARD INCORPORATEDhistory → | CL A | 1.83% | $6M | 10.9K |
| 12 | SCHWAB STRATEGIC TR | US DIVIDEND EQ · US LCAP GR ETF | 1.83% | $6M | 211.7K |
| 13 | JPMJPMORGAN CHASE & CO.history → | COM | 1.77% | $6M | 18.7K |
| 14 | SPDR S&P 500 ETF TR | TR UNIT | 1.71% | $6M | 8.5K |
| 15 | JGROJ P MORGAN EXCHANGE TRADED Fhistory → | ACTIVE GROWTH | 1.70% | $6M | 62.3K |
| 16 | AB ACTIVE ETFS INC | SHORT DURATION H | 1.67% | $6M | 158.6K |
| 17 | RBB FUND TRUST | FIRST EAGLE GBL | 1.61% | $5M | 119.2K |
| 18 | FUNDVANTAGE TR | POLEN HIGH INCOM | 1.47% | $5M | 200.0K |
| 19 | TSLATESLA INChistory → | COM | 1.29% | $4M | 9.8K |
| 20 | AVGOBROADCOM INChistory → | COM | 1.19% | $4M | 11.7K |
| 21 | VANECK ETF TRUST | MORNINGSTAR SMID | 1.12% | $4M | 105.3K |
| 22 | FIRST TR EXCHNG TRADED FD VI | SMITH UNCONSTRAI | 1.07% | $4M | 144.4K |
| 23 | SCM TRUST | SHELTON EQT PRE | 1.06% | $4M | 137.7K |
| 24 | FEDERATED HERMES ETF TRUST | US STRATEGIC DIV | 1.05% | $4M | 125.1K |
| 25 | VVISA INChistory → | COM CL A | 1.02% | $3M | 9.9K |
| 26 | CCORLISTED FDS TR | CORE ALT FD | 0.87% | $3M | 113.0K |
| 27 | WFCWELLS FARGO CO NEW | COM | 0.81% | $3M | 29.6K |
| 28 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 0.81% | $3M | 12.5K |
| 29 | VANGUARD WHITEHALL FDS | HIGH DIV YLD | 0.80% | $3M | 19.0K |
| 30 | PRINCIPAL EXCHANGE TRADED FD | SPECTRUM PFD | 0.78% | $3M | 138.6K |
| 31 | COSTCOSTCO WHSL CORP NEW | COM | 0.75% | $3M | 3.0K |
| 32 | BACBANK AMERICA CORP | COM | 0.73% | $2M | 45.5K |
| 33 | FIRST TR EXCHANGE-TRADED FD | NO AMER ENERGY | 0.56% | $2M | 50.6K |
| 34 | INVESCO EXCHANGE TRADED FD T | S&P500 EQL WGT | 0.55% | $2M | 9.7K |
| 35 | BXBLACKSTONE INC | COM | 0.46% | $2M | 10.2K |
| 36 | PLTRPALANTIR TECHNOLOGIES INC | CL A | 0.43% | $1M | 8.3K |
| 37 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.39% | $1M | 2.2K |
| 38 | COFCAPITAL ONE FINL CORP | COM | 0.39% | $1M | 5.5K |
| 39 | IBMINTERNATIONAL BUSINESS MACHS | COM | 0.38% | $1M | 4.3K |
| 40 | BUWABIO RAD LABS INC | CL A | 0.37% | $1M | 4.2K |
Filing History
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 ↗.