13F
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Foundations Investment Advisors, LLC

13F equity value
$8.1B
Positions
1,153
Top 10 concentration
20.7%
Quarters / total new picks
30 / 757
13F equity value over time
$0M$4B$8B201820192020202120222023202420252026

"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.

Not significant Verdict

13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.

We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 30 quarters, returned +2.5% per quarter — versus +3.0% per quarter from simply owning every 13F stock. It beat that baseline in only 40.0% of quarters (excess t = -0.79, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
-1.3%
t-stat
-0.79
Quarterly win rate
40%
Annualized excess
-2.5%
$1 → follow vs universe
$1.83 vs $2.18
Cumulative return: $1 invested in new picks vs universe
1.00 20180930: universe 1.04620181231: universe 1.03520190331: universe 1.01720190630: universe 1.09320190930: universe 1.17520191231: universe 0.94820200331: universe 1.14320200630: universe 1.26320200930: universe 1.54920201231: universe 1.62020210331: universe 1.63420210630: universe 1.76520210930: universe 1.58420211231: universe 1.34820220331: universe 1.44720220630: universe 1.34120220930: universe 1.44020221231: universe 1.33820230331: universe 1.40920230630: universe 1.35920230930: universe 1.54220231231: universe 1.61120240331: universe 1.64820240630: universe 1.79720240930: universe 1.78220241231: universe 1.66320250331: universe 1.81320250630: universe 1.87020250930: universe 2.10320251231: universe 2.175 20180930: follow 1.02020181231: follow 0.99320190331: follow 1.01920190630: follow 1.04520190930: follow 1.14520191231: follow 0.88620200331: follow 0.95720200630: follow 0.97920200930: follow 1.24220201231: follow 1.37920210331: follow 1.51520210630: follow 1.53420210930: follow 1.45420211231: follow 1.25820220331: follow 1.38620220630: follow 1.25320220930: follow 1.32620221231: follow 1.24920230331: follow 1.29020230630: follow 1.31820230930: follow 1.47420231231: follow 1.43920240331: follow 1.43620240630: follow 1.58420240930: follow 1.56420241231: follow 1.42720250331: follow 1.68220250630: follow 1.67020250930: follow 1.80020251231: follow 1.835 0.81 1.58 2.35 20182019202020212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 1153 · 2026 Q1

Ticker Value Weight QoQ
IVW $258M
3.2%
ADD
IVE $235M
2.9%
ADD
IUSB $174M
2.2%
ADD
DYNF $157M
1.9%
TRIM
IVV $149M
1.8%
ADD
NVDA $147M
1.8%
ADD
EFV $146M
1.8%
ADD
XLC $140M
1.7%
ADD
SOXX $137M
1.7%
ADD
QUAL $115M
1.4%
ADD
IEMG $115M
1.4%
TRIM
AAPL $112M
1.4%
ADD
MTUM $106M
1.3%
ADD
CORO $101M
1.3%
NEW
CIEN $100M
1.2%
HOLD
BIL $99M
1.2%
ADD
MSFT $89M
1.1%
ADD
GLD $86M
1.1%
TRIM
SPY $81M
1.0%
TRIM
BAI $80M
1.0%
ADD

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q1

Method & Limitations

Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.