Forefront Analytics, LLC
- SEC CIK
- 0001696802
- Latest filing
- Aug 12, 2026
Holdings changes from Q1 2023 to Q2 2023
Long positions only; new, added, reduced and sold out are based on share counts. Pick any two quarters this institution filed.
- New
- 1
- Est. +$93.8K
- Added
- 22
- Est. +$6.19M
- Reduced
- 41
- Est. −$15.9M
- Sold out
- 15
- Est. −$11.1M
Portfolio value went from $194.0M to $175.3M (−$18.7M (−9.6%)); positions from 79 to 65 (−14).
All Q2 2023 holdingsAll Q1 2023 holdings
In the shares, value and % of portfolio columns, the top figure is Q2 2023 and the gray one below is Q1 2023. For stocks that split between the two quarters, Q1 2023 shares are converted at the split ratio before comparing.
| Security | Action | Shares | Share change | Value | Est. bought or sold | % of portfolio | Weight change (pp) |
|---|---|---|---|---|---|---|---|
| iShares Tr46435G516 | Added– | 351,518273,342 | +78,176+28.6% | $25.6M$19.6M | +$5.70M | 14.6%10.1% | +4.50 |
| Vanguard Ftse Emerging Markets ETF922042858 | Reduced– | 367,931392,854 | −24,923−6.3% | $15.0M$15.9M | −$1.01M | 8.5%8.2% | +0.36 |
| iShares MSCI USA Momentum Factor ETF46432F396 | Reduced– | 96,278103,181 | −6,903−6.7% | $13.9M$14.3M | −$995.8K | 7.9%7.4% | +0.53 |
| Vanguard Ftse Developed Markets ETF921943858 | Added– | 269,566267,051 | +2,515+0.9% | $12.4M$12.1M | +$116.1K | 7.1%6.2% | +0.88 |
| PIMCO ETF Tr72201R304 | Reduced– | 171,251182,082 | −10,831−5.9% | $10.3M$11.2M | −$650.3K | 5.9%5.8% | +0.08 |
| SPYSPDR S&P 500 ETF Trust | AddedHistory | 19,76119,688 | +73+0.4% | $8.76M$8.06M | +$32.4K | 5.0%4.2% | +0.84 |
| iShares Tr464288372 | Reduced– | 151,016172,832 | −21,816−12.6% | $7.09M$8.24M | −$1.02M | 4.0%4.3% | −0.21 |
| DBX ETF Tr233051200 | Reduced– | 172,761217,242 | −44,481−20.5% | $6.11M$7.65M | −$1.57M | 3.5%3.9% | −0.46 |
| iShares Core High Dividend ETF46429B663 | Reduced– | 56,98270,573 | −13,591−19.3% | $5.74M$7.17M | −$1.37M | 3.3%3.7% | −0.42 |
| SPDR Series Trust78464A490 | Reduced– | 129,937136,698 | −6,761−4.9% | $5.43M$5.91M | −$282.3K | 3.1%3.0% | +0.05 |
| First Tr Exchange-Traded FD33738D101 | Reduced– | 192,841249,706 | −56,865−22.8% | $5.21M$6.65M | −$1.54M | 3.0%3.4% | −0.46 |
| Vanguard World FD921910709 | Reduced– | 57,21559,596 | −2,381−4.0% | $4.98M$5.40M | −$207.3K | 2.8%2.8% | +0.06 |
| Vanguard Real Estate ETF922908553 | Reduced– | 55,40257,231 | −1,829−3.2% | $4.63M$4.75M | −$152.8K | 2.6%2.5% | +0.19 |
| Vanguard Intl Equity Index F922042676 | Reduced– | 78,80791,580 | −12,773−13.9% | $3.17M$3.72M | −$513.4K | 1.8%1.9% | −0.11 |
| iShares Iboxx $ Investment Grade Corporate Bond ETF464287242 | Reduced– | 26,94628,343 | −1,397−4.9% | $2.91M$3.11M | −$151.1K | 1.7%1.6% | +0.06 |
| iShares Core S&P 500 ETF464287200 | Reduced– | 6,4139,747 | −3,334−34.2% | $2.86M$4.01M | −$1.49M | 1.6%2.1% | −0.44 |
| iShares Tr464288281 | Reduced– | 28,76433,662 | −4,898−14.6% | $2.49M$2.90M | −$423.9K | 1.4%1.5% | −0.08 |
| iShares Tr464287440 | Reduced– | 24,29325,576 | −1,283−5.0% | $2.35M$2.54M | −$123.9K | 1.3%1.3% | +0.03 |
| Vanguard Morningstar Small-Cap ETF922908751 | Added– | 11,36111,316 | +45+0.4% | $2.26M$2.15M | +$8.95K | 1.3%1.1% | +0.18 |
| Invesco Exch Traded FD Tr II46138G508 | Reduced– | 106,171117,340 | −11,169−9.5% | $2.23M$2.44M | −$235.0K | 1.3%1.3% | +0.02 |
| iShares Tips Bond ETF464287176 | Reduced– | 20,31621,368 | −1,052−4.9% | $2.19M$2.36M | −$113.2K | 1.2%1.2% | +0.03 |
| iShares Tr464288661 | Reduced– | 18,68219,114 | −432−2.3% | $2.15M$2.25M | −$49.8K | 1.2%1.2% | +0.07 |
| iShares Tr46429B747 | Added– | 21,41621,382 | +34+0.2% | $2.09M$2.12M | +$3.32K | 1.2%1.1% | +0.10 |
| SPDR Series Trust78468R200 | Added– | 60,74960,231 | +518+0.9% | $1.86M$1.83M | +$15.9K | 1.1%0.9% | +0.12 |
| iShares Inc46434G509 | Reduced– | 73,37091,256 | −17,886−19.6% | $1.80M$2.19M | −$438.9K | 1.0%1.1% | −0.10 |
| iShares Tr464288588 | Reduced– | 18,84019,393 | −553−2.9% | $1.76M$1.84M | −$51.6K | 1.0%0.9% | +0.06 |
| Invesco Exchange Traded FD T46137V837 | Reduced– | 19,37536,919 | −17,544−47.5% | $1.57M$2.80M | −$1.42M | 0.9%1.4% | −0.55 |
| Vanguard Morningstar Value ETF922908744 | Reduced– | 10,93713,308 | −2,371−17.8% | $1.55M$1.84M | −$336.9K | 0.9%0.9% | −0.06 |
| WisdomTree Tr97717W562 | Reduced– | 33,69742,609 | −8,912−20.9% | $1.51M$1.84M | −$399.4K | 0.9%0.9% | −0.09 |
| Vanguard Total International Bond ETF92203J407 | Reduced– | 30,84534,834 | −3,989−11.5% | $1.51M$1.70M | −$195.0K | 0.9%0.9% | −0.02 |
| iShares Trust iShares 0-1 Year Treasury Bond ETF464288679 | Added– | 12,08012,012 | +68+0.6% | $1.33M$1.33M | +$7.51K | 0.8%0.7% | +0.08 |
| DJPBarclays Bank PLC | ReducedHistory | 42,44345,431 | −2,988−6.6% | $1.30M$1.44M | −$91.3K | 0.7%0.7% | 0.00 |
| iShares Tr46429B655 | Added– | 20,45120,170 | +281+1.4% | $1.04M$1.02M | +$14.3K | 0.6%0.5% | +0.07 |
| State Street Real Estate Select Sector SPDR ETF81369Y860 | Added– | 27,53727,265 | +272+1.0% | $1.04M$1.02M | +$10.3K | 0.6%0.5% | +0.07 |
| iShares MSCI USA Min Vol Factor ETF46429B697 | Reduced– | 10,37011,113 | −743−6.7% | $770.7K$808.3K | −$55.2K | 0.4%0.4% | +0.02 |
| NVDANVIDIA Corp | ReducedHistory | 1,7372,442 | −705−28.9% | $735.0K$678.4K | −$298.3K | 0.4%0.3% | +0.07 |
| Invesco Exch TRD SLF Idx FD46138J460 | Reduced– | 43,22250,726 | −7,504−14.8% | $700.2K$836.5K | −$121.6K | 0.4%0.4% | −0.03 |
| iShares Tr464287432 | Reduced– | 5,9837,803 | −1,820−23.3% | $615.9K$830.2K | −$187.4K | 0.4%0.4% | −0.08 |
| JPMJPMorgan Chase & Co | AddedHistory | 3,4503,414 | +36+1.1% | $501.8K$444.9K | +$5.24K | 0.3%0.2% | +0.06 |
| ProShares Tr74347R842 | Reduced– | 14,49315,092 | −599−4.0% | $498.6K$480.2K | −$20.6K | 0.3%0.2% | +0.04 |
| Invesco Exch Traded FD Tr II46138E263 | Unchanged– | 8,9648,964 | 00.0% | $460.8K$446.9K | $0 | 0.3%0.2% | +0.03 |
| Schwab U.S. Small-Cap ETF808524607 | Added– | 10,30810,271 | +37+0.4% | $451.5K$430.7K | +$1.62K | 0.3%0.2% | +0.04 |
| DEDeere & Co | AddedHistory | 1,0981,090 | +8+0.7% | $444.9K$450.2K | +$3.24K | 0.3%0.2% | +0.02 |
| Tidal ETF Tr886364603 | Reduced– | 22,18529,239 | −7,054−24.1% | $426.6K$571.9K | −$135.6K | 0.2%0.3% | −0.05 |
| Vanguard Emerging Markets Government Bond ETF921946885 | Added– | 6,0646,011 | +53+0.9% | $377.6K$374.6K | +$3.30K | 0.2%0.2% | +0.02 |
| iShares Tr46434V647 | Added– | 14,82814,744 | +84+0.6% | $340.6K$338.1K | +$1.93K | 0.2%0.2% | +0.02 |
| UNHUnitedHealth Group Inc | AddedHistory | 630536 | +94+17.5% | $303.9K$254.1K | +$45.3K | 0.2%0.1% | +0.04 |
| SPDR Series Trust78468R622 | Reduced– | 3,1534,315 | −1,162−26.9% | $290.2K$400.5K | −$106.9K | 0.2%0.2% | −0.04 |
| PFEPfizer Inc | AddedHistory | 7,7356,074 | +1,661+27.3% | $283.8K$247.9K | +$60.9K | 0.2%0.1% | +0.03 |
| iShares Inc46434G863 | Added– | 8,3008,294 | +6+0.1% | $262.5K$261.1K | +$189.79 | 0.1%0.1% | +0.02 |
| REGNRegeneron Pharmaceuticals, Inc. | ReducedHistory | 341357 | −16−4.5% | $245.0K$293.3K | −$11.5K | 0.1%0.2% | −0.01 |
| TMOThermo Fisher Scientific Inc. | ReducedHistory | 427475 | −48−10.1% | $223.1K$274.0K | −$25.1K | 0.1%0.1% | −0.01 |
| INCYIncyte Corp | AddedHistory | 3,5333,525 | +8+0.2% | $219.9K$254.8K | +$498 | 0.1%0.1% | −0.01 |
| MDTMedtronic plc | ReducedHistory | 2,4313,284 | −853−26.0% | $214.2K$264.7K | −$75.2K | 0.1%0.1% | −0.01 |
| MREOMereo BioPharma Group plc | ReducedHistory | 82,74983,700 | −951−1.1% | $109.2K$59.2K | −$1.26K | 0.1%<0.1% | +0.03 |
| JSPRJasper Therapeutics, Inc. | AddedHistory | 69,36730,290 | +39,077+129.0% | $95.0K$54.8K | +$53.5K | 0.1%<0.1% | +0.03 |
| ANNXAnnexon, Inc. | AddedHistory | 26,79015,251 | +11,539+75.7% | $94.3K$58.7K | +$40.6K | 0.1%<0.1% | +0.02 |
| FUSNFusion Pharmaceuticals Inc. | NewHistory | 20,0750 | +20,075 | $93.8K$0 | +$93.8K | 0.1%0.0% | +0.05 |
| CTMXCytomX Therapeutics, Inc. | AddedHistory | 49,59626,412 | +23,184+87.8% | $85.3K$39.9K | +$39.9K | <0.1%<0.1% | +0.03 |
| Achilles Therapeutics PLC00449L102 | Reduced– | 74,76975,625 | −856−1.1% | $70.7K$72.4K | −$809.11 | <0.1%<0.1% | 0.00 |
| KRONKronos Bio, Inc. | ReducedHistory | 39,06839,295 | −227−0.6% | $67.2K$57.4K | −$390.44 | <0.1%<0.1% | +0.01 |
| LONALeonaBio, Inc. | ReducedHistory | 20,81021,625 | −815−3.8% | $61.4K$54.1K | −$2.40K | <0.1%<0.1% | +0.01 |
| GERNGeron Corp | ReducedHistory | 14,89127,582 | −12,691−46.0% | $47.8K$59.9K | −$40.7K | <0.1%<0.1% | 0.00 |
| PSTXPoseida Therapeutics, Inc. | AddedHistory | 26,61915,040 | +11,579+77.0% | $46.9K$46.3K | +$20.4K | <0.1%<0.1% | 0.00 |
| NKTXNkarta, Inc. | ReducedHistory | 10,36710,475 | −108−1.0% | $22.7K$37.2K | −$236.53 | <0.1%<0.1% | −0.01 |
| Nushares ETF Tr67092P300 | Sold out– | 0187,045 | −187,045−100.0% | $0$6.37M | −$6.37M | 0.0%3.3% | −3.29 |
| IAUiShares Gold Trust | Sold outHistory | 046,743 | −46,743−100.0% | $0$1.75M | −$1.75M | 0.0%0.9% | −0.90 |
| DBAInvesco DB Agriculture Fund | Sold outHistory | 040,111 | −40,111−100.0% | $0$819.5K | −$819.5K | 0.0%0.4% | −0.42 |
| State Street Energy Select Sector SPDR ETF81369Y506 | Sold out– | 06,120 | −6,120−100.0% | $0$506.9K | −$506.9K | 0.0%0.3% | −0.26 |
| DBCInvesco DB Commodity Index Tracking Fund | Sold outHistory | 013,343 | −13,343−100.0% | $0$316.8K | −$316.8K | 0.0%0.2% | −0.16 |
| iShares Tr464287234 | Sold out– | 07,748 | −7,748−100.0% | $0$305.7K | −$305.7K | 0.0%0.2% | −0.16 |
| ABTAbbott Laboratories | Sold outHistory | 03,009 | −3,009−100.0% | $0$304.7K | −$304.7K | 0.0%0.2% | −0.16 |
| iShares Tr464288513 | Sold out– | 02,948 | −2,948−100.0% | $0$222.7K | −$222.7K | 0.0%0.1% | −0.11 |
| PHGKoninklijke Philips NV | Sold outHistory | 010,000 | −10,000−100.0% | $0$183.5K | −$183.5K | 0.0%0.1% | −0.09 |
| ORTXOrchard Therapeutics plc | Sold outHistory | 014,654 | −14,654−100.0% | $0$78.7K | −$78.7K | 0.0%<0.1% | −0.04 |
| ALXOAlx Oncology Holdings Inc | Sold outHistory | 013,037 | −13,037−100.0% | $0$58.9K | −$58.9K | 0.0%<0.1% | −0.03 |
| DMDesktop Metal, Inc. | Sold outHistory | 021,308 | −21,308−100.0% | $0$49.0K | −$49.0K | 0.0%<0.1% | −0.03 |
| EIGREiger BioPharmaceuticals, Inc. | Sold outHistory | 051,679 | −51,679−100.0% | $0$46.3K | −$46.3K | 0.0%<0.1% | −0.02 |
| SURFSurface Oncology, Inc. | Sold outHistory | 061,156 | −61,156−100.0% | $0$42.7K | −$42.7K | 0.0%<0.1% | −0.02 |
| CDAKCodiak BioSciences, Inc. | Sold outHistory | 0110,210 | −110,210−100.0% | $0$19.2K | −$19.2K | 0.0%<0.1% | −0.01 |
Estimated amounts multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares): new positions use this quarter's value and sold-out positions last quarter's; positions reported only as principal (PRN) cannot be estimated. 13F shows only quarter-end holdings, not when trades happened or at what price.