13F
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Fusion Family Wealth LLC

13F equity value
$1.3B
Positions
47
Top 10 concentration
83.4%
Quarters / total new picks
17 / 32
13F equity value over time
$0M$670M$1B2017201820192020202120222023202420252026

"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 17 quarters, returned +4.4% per quarter — versus -0.9% per quarter from simply owning every 13F stock. It beat that baseline in only 52.9% of quarters (excess t = 1.09, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+9.0%
t-stat
1.09
Quarterly win rate
53%
Annualized excess
+18.3%
$1 → follow vs universe
$1.69 vs $0.80
Cumulative return: $1 invested in new picks vs universe
1.00 20180331: universe 1.04120180630: universe 0.95920190331: universe 0.94220190930: universe 1.01320191231: universe 0.81720210331: universe 0.82520210630: universe 0.89120210930: universe 0.79920211231: universe 0.68020220331: universe 0.73020220930: universe 0.78520221231: universe 0.72920230630: universe 0.70320231231: universe 0.73420241231: universe 0.68520250630: universe 0.70720250930: universe 0.795 20180331: follow 1.09520180630: follow 1.03420190331: follow 1.19720190930: follow 1.33620191231: follow 1.03220210331: follow 1.04120210630: follow 1.11920210930: follow 0.99420211231: follow 0.76420220331: follow 0.80220220930: follow 1.22520221231: follow 1.30820230630: follow 1.45720231231: follow 1.60820241231: follow 1.49720250630: follow 1.67520250930: follow 1.686 0.63 1.22 1.82 2018201920212022202320242025 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 47 · 2026 Q1

Ticker Value Weight QoQ
VOO $235M
17.6%
ADD
RWL $193M
14.4%
ADD
VEA $127M
9.5%
HOLD
VB $116M
8.6%
ADD
VWO $112M
8.4%
HOLD
IEMG $78M
5.8%
TRIM
RWJ $76M
5.7%
HOLD
RWK $71M
5.3%
ADD
QQQ $57M
4.3%
HOLD
IEFA $53M
4.0%
HOLD
BSCS $46M
3.4%
ADD
BSCQ $45M
3.4%
ADD
QQQM $38M
2.8%
ADD
IVV $24M
1.8%
HOLD
IJR $22M
1.6%
HOLD
VV $13M
1.0%
HOLD
SPY $6M
0.5%
HOLD
VSS $6M
0.4%
TRIM
VO $3M
0.2%
TRIM
EMXC $2M
0.2%
HOLD

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

BNDBSCRVGT

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.