Focus Financial Network, Inc.

13F filer, CIK 2010942, MINNEAPOLIS, MN

Focus Financial Network, Inc. reported $2,445,843,062 across 684 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-04-15. Its ten largest share positions make up 35.55% of the portfolio.

Filed 2025-04-15 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:06 UTC13F-HR 0001754960-25-000196

Period: 2025-03-31
Reported value: $2.45B
Holdings: 684
Top 10 weight: 35.55%
New: 48
Sold out: 29

Largest buys vs the previous quarter

Security	Shares change	Approx. value
NVDAadded	+69,330	$7.51M
AGGadded	+75,323	$7.45M
SDVYadded	+202,261	$6.78M
AIRRnew	+50,249	$3.43M
IEFadded	+35,143	$3.35M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
XSVMexited	-116,621	-$6.35M
AOMreduced	-63,179	-$2.77M
EFGreduced	-27,160	-$2.72M
RDDTreduced	-23,923	-$2.51M
CGWexited	-44,599	-$2.42M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2025

Share positions as resolved from 13F-HR 0001754960-25-000196, largest first. % of portfolio is the value over $2,445,843,062, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
WMSADVANCED DRAIN SYS INC DEL	3,283	$357K	0.01%	+369	Timeline
PMARINNOVATOR ETFS TRUST	8,885	$355K	0.01%	-70	Timeline
UUPINVESCO DB US DLR INDEX TR	12,392	$354K	0.01%	-201	Timeline
IOOISHARES TR	3,658	$352K	0.01%	-4,629	Timeline
GPCGENUINE PARTS CO	2,927	$352K	0.01%	+39	Timeline
CLFDCLEARFIELD INC	11,820	$351K	0.01%	-80	Timeline
JSMLJANUS DETROIT STR TR	5,727	$349K	0.01%	-5,676	Timeline
XOPSPDR SERIES TRUST	2,641	$348K	0.01%	-670	Timeline
JUNWAIM ETF PRODUCTS TRUST	11,672	$347K	0.01%	0	Timeline
DHID R HORTON INC	2,723	$346K	0.01%	-313	Timeline
FIXDFIRST TR EXCHNG TRADED FD VI	7,893	$346K	0.01%	+132	Timeline
ICVTISHARES TR	4,118	$344K	0.01%	+617	Timeline
JULTAIM ETF PRODUCTS TRUST	8,971	$343K	0.01%	-5	Timeline
SIVRABRDN SILVER ETF TRUST	10,550	$343K	0.01%	-1,013	Timeline
VDCVANGUARD WORLD FD	1,566	$343K	0.01%	-64	Timeline
MUMICRON TECHNOLOGY INC	3,928	$341K	0.01%	-622	Timeline
DJUNFIRST TR EXCHNG TRADED FD VI	8,108	$340K	0.01%	0	Timeline
AUGTAIM ETF PRODUCTS TRUST	11,130	$337K	0.01%	-81	Timeline
PDECINNOVATOR ETFS TRUST	8,951	$337K	0.01%	-1,130	Timeline
LNTHLANTHEUS HLDGS INC	3,440	$336K	0.01%	+172	Timeline
NVSNOVARTIS AG	3,001	$335K	0.01%	-54	Timeline
UTGREAVES UTIL INCOME FD	10,265	$334K	0.01%	-184	Timeline
FTNTFORTINET INC	3,463	$333K	0.01%	0	Timeline
VPLVANGUARD INTL EQUITY INDEX F	4,544	$329K	0.01%	+15	Timeline
BKLNINVESCO EXCH TRADED FD TR II	15,893	$329K	0.01%	+791	Timeline
CIBRFIRST TR EXCHANGE-TRADED FD	5,207	$328K	0.01%	+392	Timeline
SCHJSCHWAB STRATEGIC TR	13,276	$327K	0.01%	+79	Timeline
INTCINTEL CORP	14,326	$325K	0.01%	+3,165	Timeline
DMARFIRST TR EXCHNG TRADED FD VI	8,618	$325K	0.01%	0	Timeline
XTISHARES TR	5,632	$324K	0.01%	-230	Timeline
AMCOR PLCAMCOR PLC	32,875	$319K	0.01%	new
SPOTSPOTIFY TECHNOLOGY S A	577	$317K	0.01%	+59	Timeline
RSGREPUBLIC SVCS INC	1,297	$314K	0.01%	0	Timeline
RIORIO TINTO PLC	5,202	$313K	0.01%	+500	Timeline
PPTYETF SER SOLUTIONS	9,890	$312K	0.01%	-41	Timeline
VCRVANGUARD WORLD FD	955	$311K	0.01%	+2	Timeline
IYTISHARES TR	4,834	$310K	0.01%	0	Timeline
CCICROWN CASTLE INC	2,967	$309K	0.01%	+287	Timeline
MPLXMPLX LP	5,751	$308K	0.01%	+193	Timeline
DIVBISHARES TR	6,299	$306K	0.01%	-43	Timeline
ESMLISHARES TR	7,927	$304K	0.01%	-1,522	Timeline
KVUEKENVUE INC	12,624	$303K	0.01%	+1,095	Timeline
PGXINVESCO EXCH TRADED FD TR II	26,936	$302K	0.01%	-190	Timeline
EQWLINVESCO EXCHANGE TRADED FD T	2,911	$300K	0.01%	new	Timeline
DWASINVESCO EXCH TRADED FD TR II	3,845	$300K	0.01%	-905	Timeline
SYYSYSCO CORP	3,994	$300K	0.01%	+221	Timeline
HBANHUNTINGTON BANCSHARES INC	19,758	$300K	0.01%	+286	Timeline
VCITVANGUARD SCOTTSDALE FDS	3,647	$298K	0.01%	-74	Timeline
REGNREGENERON PHARMACEUTICALS	469	$297K	0.01%	-7	Timeline
CTVACORTEVA INC	4,726	$297K	0.01%	+288	Timeline
DDDUPONT DE NEMOURS INC	3,978	$297K	0.01%	+1	Timeline
SAPSAP SE	1,103	$296K	0.01%	-18	Timeline
PFFDGLOBAL X FDS	15,490	$295K	0.01%	-443	Timeline
LCTUBLACKROCK ETF TRUST	4,861	$295K	0.01%	+8	Timeline
COINCOINBASE GLOBAL INC	1,698	$292K	0.01%	-241	Timeline
RLIRLI CORP	3,631	$292K	0.01%	+1,769	Timeline
MDLZMONDELEZ INTL INC	4,298	$292K	0.01%	-17	Timeline
CTASCINTAS CORP	1,417	$291K	0.01%	+11	Timeline
APRTAIM ETF PRODUCTS TRUST	7,834	$290K	0.01%	+26	Timeline
JNKSPDR SERIES TRUST	3,048	$290K	0.01%	-43	Timeline
JXNJACKSON FINANCIAL INC	3,462	$290K	0.01%	+4	Timeline
EYLDCAMBRIA ETF TR	9,135	$290K	0.01%	+2,603	Timeline
IDUISHARES TR	2,855	$290K	0.01%	-17	Timeline
QUSSPDR SERIES TRUST	1,843	$289K	0.01%	0	Timeline
BPBP PLC	8,463	$286K	0.01%	-674	Timeline
SPHDINVESCO EXCH TRADED FD TR II	5,689	$286K	0.01%	+47	Timeline
MEGINYLIM CBRE GLOBAL	21,438	$285K	0.01%	-29	Timeline
IFRAISHARES TR	6,288	$283K	0.01%	-18,204	Timeline
EOGEOG RES INC	2,195	$281K	0.01%	+313	Timeline
BSTZBLACKROCK SCIENCE & TECHNOLO	15,799	$280K	0.01%	+1,006	Timeline
VRTXVERTEX PHARMACEUTICALS INC	573	$278K	0.01%	+15	Timeline
IVTINVENTRUST PPTYS CORP	9,431	$277K	0.01%	-951	Timeline
ESGDISHARES TR	3,388	$277K	0.01%	-468	Timeline
GOVTISHARES TR	12,017	$276K	0.01%	-10,996	Timeline
PFGPRINCIPAL FINANCIAL GROUP IN	3,262	$275K	0.01%	new	Timeline
SUSAISHARES TR	2,382	$274K	0.01%	+6	Timeline
SPEMSPDR INDEX SHS FDS	6,932	$273K	0.01%	0	Timeline
OXYOCCIDENTAL PETE CORP	5,502	$272K	0.01%	+492	Timeline
FVFIRST TR EXCHANGE TRADED FD	4,944	$271K	0.01%	+4	Timeline
TDTTFLEXSHARES TR	11,082	$270K	0.01%	-375	Timeline
PDDPDD HOLDINGS INC	2,279	$270K	0.01%	+136	Timeline
STZCONSTELLATION BRANDS INC	1,468	$269K	0.01%	-190	Timeline
FTRIFIRST TR EXCHANGE-TRADED FD	20,324	$269K	0.01%	+2,682	Timeline
IBDNORTHERN LTS FD TR IV	11,216	$267K	0.01%	-800	Timeline
HAPVANECK ETF TRUST	5,344	$266K	0.01%	-2,264	Timeline
JPUSJ P MORGAN EXCHANGE TRADED F	2,309	$266K	0.01%	+8	Timeline
DSLDOUBLELINE INCOME SOLUTIONS	20,862	$263K	0.01%	+127	Timeline
WELLWELLTOWER INC	1,714	$263K	0.01%	-149	Timeline
TMUST-MOBILE US INC	982	$262K	0.01%	new	Timeline
PAYCPAYCOM SOFTWARE INC	1,197	$262K	0.01%	0	Timeline
CATHGLOBAL X FDS	3,861	$261K	0.01%	-60	Timeline
ARMARM HOLDINGS PLC	2,432	$260K	0.01%	-33	Timeline
FISFIDELITY NATL INFORMATION SV	3,452	$258K	0.01%	0	Timeline
SHLDGLOBAL X FDS	5,516	$257K	0.01%	new	Timeline
DECTAIM ETF PRODUCTS TRUST	8,234	$255K	0.01%	new	Timeline
BILSSPDR SERIES TRUST	2,562	$255K	0.01%	new	Timeline
SOUNSOUNDHOUND AI INC	31,386	$255K	0.01%	+3,966	Timeline
PSCHINVESCO EXCH TRADED FD TR II	5,850	$253K	0.01%	-402	Timeline
DECUAIM ETF PRODUCTS TRUST	10,485	$252K	0.01%	new	Timeline
RSPMINVESCO EXCHANGE TRADED FD T	7,855	$249K	0.01%	-819	Timeline
USXFISHARES TR	5,324	$248K	0.01%	+158	Timeline
IYCISHARES TR	2,812	$248K	0.01%	-3	Timeline
BMYBRISTOL-MYERS SQUIBB CO	4,068	$248K	0.01%	+248	Timeline
VLOVALERO ENERGY CORP	1,872	$247K	0.01%	-204	Timeline
MSCIMSCI INC	437	$247K	0.01%	+13	Timeline
ANETARISTA NETWORKS INC	3,180	$246K	0.01%	+896	Timeline
CMGCHIPOTLE MEXICAN GRILL INC	4,895	$246K	0.01%	-285	Timeline
POWAINVESCO EXCH TRD SLF IDX FD	2,980	$245K	0.01%	-1,441	Timeline
GDXJVANECK ETF TRUST	4,204	$240K	0.01%	new	Timeline
SGOVISHARES TR	2,363	$238K	0.01%	+4	Timeline
MGVVANGUARD WORLD FD	1,838	$237K	0.01%	new	Timeline
GEVGE VERNOVA INC	774	$236K	0.01%	-3	Timeline
WPMWHEATON PRECIOUS METALS CORP	3,032	$235K	0.01%	new	Timeline
SPDWSPDR INDEX SHS FDS	6,463	$235K	0.01%	0	Timeline
MTZMASTEC INC	2,012	$235K	0.01%	+12	Timeline
PLDPROLOGIS INC.	2,093	$234K	0.01%	+104	Timeline
DLRDIGITAL RLTY TR INC	1,627	$233K	0.01%	0	Timeline
IYMISHARES TR	1,727	$233K	0.01%	+23	Timeline
SCHQSCHWAB STRATEGIC TR	7,101	$233K	0.01%	-10,643	Timeline
AXONAXON ENTERPRISE INC	435	$229K	0.01%	-335	Timeline
DELLDELL TECHNOLOGIES INC	2,490	$227K	0.01%	+431	Timeline
IYKISHARES TR	3,158	$226K	0.01%	-933	Timeline
MGMMGM RESORTS INTERNATIONAL	7,577	$225K	0.01%	-640	Timeline
VSDAVICTORY PORTFOLIOS II	4,345	$225K	0.01%	+14	Timeline
LDOSLEIDOS HOLDINGS INC	1,659	$224K	0.01%	+4	Timeline
DLNWISDOMTREE TR	2,807	$223K	0.01%	0	Timeline
WHRWHIRLPOOL CORP	2,472	$223K	0.01%	-2,710	Timeline
OCTTAIM ETF PRODUCTS TRUST	5,983	$223K	0.01%	0	Timeline
HRLHORMEL FOODS CORP	7,189	$222K	0.01%	+15	Timeline
CSMPROSHARES TR	3,490	$222K	0.01%	-35	Timeline
HWKNHAWKINS INC	2,080	$220K	0.01%	-31	Timeline
IHIISHARES TR	3,639	$219K	0.01%	-265	Timeline
VSGXVANGUARD WORLD FD	3,709	$219K	0.01%	-2,106	Timeline
AONAON PLC	546	$218K	0.01%	new	Timeline
TTDTHE TRADE DESK INC	3,965	$217K	0.01%	+88	Timeline
QBTSD-WAVE QUANTUM INC	28,540	$217K	0.01%	new	Timeline
YUMYUM BRANDS INC	1,376	$217K	0.01%	new	Timeline
RSPUINVESCO EXCHANGE TRADED FD T	3,109	$217K	0.01%	+11	Timeline
EEMISHARES TR	4,930	$215K	0.01%	-461	Timeline
BAMBROOKFIELD ASSET MANAGMT LTD	4,442	$215K	0.01%	+218	Timeline
SYKSTRYKER CORPORATION	576	$214K	0.01%	new	Timeline
NULGNUSHARES ETF TR	2,733	$214K	0.01%	-279	Timeline
DBMFIM GLOBAL PARTNER FUNDS	8,417	$213K	0.01%	new	Timeline
HLTHILTON WORLDWIDE HLDGS INC	934	$213K	0.01%	new	Timeline
FEBTAIM ETF PRODUCTS TRUST	6,488	$212K	0.01%	-661	Timeline
MGCVANGUARD WORLD FD	1,050	$212K	0.01%	-705	Timeline
FAARFIRST TR EXCHANGE TRAD FD VI	7,299	$211K	0.01%	-6,244	Timeline
UBERUBER TECHNOLOGIES INC	2,881	$210K	0.01%	new	Timeline
DRIDARDEN RESTAURANTS INC	1,010	$210K	0.01%	new	Timeline
RZVINVESCO EXCHANGE TRADED FD T	2,120	$210K	0.01%	-29	Timeline
DKNGDRAFTKINGS INC NEW	6,277	$208K	0.01%	new	Timeline
FJUNFIRST TR EXCHNG TRADED FD VI	4,178	$208K	0.01%	0	Timeline
VALEVALE S A	20,810	$208K	0.01%	+4,540	Timeline
OMCOMNICOM GROUP INC	2,498	$207K	0.01%	new	Timeline
DVNDEVON ENERGY CORP NEW	5,537	$207K	0.01%	new	Timeline
JUNTAIM ETF PRODUCTS TRUST	6,521	$206K	0.01%	0	Timeline
DNPDNP SELECT INCOME FD INC	20,814	$206K	0.01%	+292	Timeline
FDSFACTSET RESH SYS INC	452	$205K	0.01%	0	Timeline
PKBINVESCO EXCHANGE TRADED FD T	3,047	$205K	0.01%	-538	Timeline
ACIALBERTSONS COMPANIES INC	9,302	$205K	0.01%	new	Timeline
BZHBEAZER HOMES USA INC	10,000	$204K	0.01%	0	Timeline
XLBSELECT SECTOR SPDR TR	2,366	$203K	0.01%	new	Timeline
INFLLISTED FDS TR	4,999	$203K	0.01%	-987	Timeline
MCKMCKESSON CORP	300	$202K	0.01%	new	Timeline
LTPZPIMCO ETF TR	3,670	$201K	0.01%	new	Timeline
LULULULULEMON ATHLETICA INC	711	$201K	0.01%	+80	Timeline
HRHEALTHCARE RLTY TR	11,868	$201K	0.01%	+762	Timeline
PSAPUBLIC STORAGE	669	$200K	0.01%	new	Timeline
XEXGXEATON VANCE TAX-MANAGED GLOB	24,470	$199K	0.01%	+359	Timeline
PFNPIMCO INCOME STRATEGY FD II	25,531	$194K	0.01%	+215	Timeline
DPGDUFF & PHELPS UTLITY AND INF	14,812	$181K	0.01%	-759	Timeline
PSLVSPROTT ASSET MANAGEMENT LP	15,358	$178K	0.01%	+2,565	Timeline
NOKNOKIA CORP	32,016	$169K	0.01%	+5,081	Timeline
NUNU HLDGS LTD	15,438	$158K	0.01%	new	Timeline
HPSHANCOCK JOHN PFD INCOME FD I	10,282	$154K	0.01%	new	Timeline
BBDCBARINGS BDC INC	14,788	$141K	0.01%	0	Timeline
ATECALPHATEC HLDGS INC	13,699	$139K	0.01%	0	Timeline
ICLNISHARES TR	11,255	$129K	0.01%	-1,071	Timeline
CELCCELCUITY INC	10,691	$108K	<0.01%	new	Timeline
STKLSUNOPTA INC	17,202	$83.6K	<0.01%	0	Timeline
SNBRQSLEEP NUMBER CORP	10,633	$67.4K	<0.01%	new	Timeline
AGFIRST MAJESTIC SILVER CORP	10,000	$66.9K	<0.01%	new	Timeline
SENSEONICS HLDGS INCSENSEONICS HLDGS INC	14,975	$9.82K	<0.01%	+3,950
Atossa Therapeutics IncAtossa Therapeutics Inc	10,150	$6.83K	<0.01%	new

Sold out in Q1 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
XSVMINVESCO EXCHANGE TRADED FD T	116,621	$6.35M	shares
CGWINVESCO EXCH TRADED FD TR II	44,599	$2.42M	shares
FYCFIRST TR EXCHANGE-TRADED ALP	13,178	$1.02M	shares
BRK-ABERKSHIRE HATHAWAY INC DEL	1	$681K	shares
VCLTVANGUARD SCOTTSDALE FDS	7,464	$558K	shares
CLCOLGATE PALMOLIVE CO	4,856	$441K	shares
FSKFS KKR CAP CORP	18,575	$403K	shares
ONEQFIDELITY COMWLTH TR	5,253	$400K	shares
TOLTOLL BROTHERS INC	2,785	$351K	shares
QTJAINNOVATOR ETFS TRUST	13,960	$350K	shares
QLTYGMO ETF TRUST	9,140	$292K	shares
FENYFIDELITY COVINGTON TRUST	12,111	$289K	shares
PSNPARSONS CORP DEL	3,015	$278K	shares
NUKZEXCHANGE TRADED CONCEPTS TRU	6,735	$276K	shares
TWLOTWILIO INC	2,414	$261K	shares
GWWWW GRAINGER INC	233	$246K	shares
WSMWILLIAMS SONOMA INC	1,310	$243K	shares
TTEKTETRA TECH INC NEW	6,010	$239K	shares
IGPTINVESCO EXCHANGE TRADED FD T	5,138	$232K	shares
CEGCONSTELLATION ENERGY CORP	970	$217K	shares
GMGENERAL MTRS CO	4,045	$215K	shares
CCLCARNIVAL CORP	8,549	$213K	shares
EWEDWARDS LIFESCIENCES CORP	2,789	$206K	shares
SPHYSPDR SERIES TRUST	8,757	$206K	shares
EXASEXACT SCIENCES CORP	3,608	$203K	shares
PEYINVESCO EXCHANGE TRADED FD T	9,518	$202K	shares
TECHBIO-TECHNE CORP	2,780	$200K	shares
FSCOFS CREDIT OPPORTUNITIES CORP	10,679	$72.8K	shares
SCILEX HOLDING COSCILEX HOLDING CO	13,417	$5.72K	shares

How Q1 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001754960-25-000196	base		2025-04-15	acceptance time not in the bulk data set	2026-10-07 18:25:06 UTC