Forefront Analytics, LLC
- SEC CIK
- 0001696802
- Latest filing
- Aug 12, 2026
Holdings changes from Q1 2025 to Q2 2025
Long positions only; new, added, reduced and sold out are based on share counts. Pick any two quarters this institution filed.
- New
- 7
- Est. +$13.7M
- Added
- 16
- Est. +$4.38M
- Reduced
- 19
- Est. −$10.2M
- Sold out
- 9
- Est. −$10.8M
Portfolio value went from $86.9M to $89.5M (+$2.59M (+3.0%)); positions from 45 to 43 (−2).
All Q2 2025 holdingsAll Q1 2025 holdings
In the shares, value and % of portfolio columns, the top figure is Q2 2025 and the gray one below is Q1 2025. For stocks that split between the two quarters, Q1 2025 shares are converted at the split ratio before comparing.
| Security | Action | Shares | Share change | Value | Est. bought or sold | % of portfolio | Weight change (pp) |
|---|---|---|---|---|---|---|---|
| NKTXNkarta, Inc. | ReducedHistory | 27,97929,191 | −1,212−4.2% | $46.4K$54.1K | −$2.01K | 0.1%0.1% | −0.01 |
| GERNGeron Corp | ReducedHistory | 35,18162,973 | −27,792−44.1% | $49.6K$100.0K | −$39.2K | 0.1%0.1% | −0.06 |
| MREOMereo BioPharma Group plc | ReducedHistory | 19,13847,630 | −28,492−59.8% | $51.9K$107.3K | −$77.2K | 0.1%0.1% | −0.07 |
| CTMXCytomX Therapeutics, Inc. | ReducedHistory | 27,698100,070 | −72,372−72.3% | $62.9K$63.1K | −$164.3K | 0.1%0.1% | 0.00 |
| ANNXAnnexon, Inc. | ReducedHistory | 27,57528,591 | −1,016−3.6% | $66.2K$55.3K | −$2.44K | 0.1%0.1% | +0.01 |
| ZURAZura Bio Ltd | ReducedHistory | 63,985108,308 | −44,323−40.9% | $67.2K$139.8K | −$46.5K | 0.1%0.2% | −0.09 |
| iShares Iboxx $ Investment Grade Corporate Bond ETF464287242 | New– | 1,9750 | +1,975 | $216.0K$0 | +$216.0K | 0.2%0.0% | +0.24 |
| UNHUnitedHealth Group Inc | ReducedHistory | 734820 | −86−10.5% | $229.0K$429.8K | −$26.8K | 0.3%0.5% | −0.24 |
| iShares Tr464288372 | Reduced– | 3,9056,808 | −2,903−42.6% | $231.0K$372.0K | −$171.7K | 0.3%0.4% | −0.17 |
| PMPhilip Morris International Inc. | AddedHistory | 1,4131,401 | +12+0.9% | $257.0K$222.0K | +$2.18K | 0.3%0.3% | +0.03 |
| iShares Tr464288513 | New– | 3,1830 | +3,183 | $257.0K$0 | +$257.0K | 0.3%0.0% | +0.29 |
| REGNRegeneron Pharmaceuticals, Inc. | NewHistory | 4900 | +490 | $257.1K$0 | +$257.1K | 0.3%0.0% | +0.29 |
| iShares Tips Bond ETF464287176 | Reduced– | 2,4522,974 | −522−17.6% | $270.0K$330.0K | −$57.5K | 0.3%0.4% | −0.08 |
| ProShares Tr74347R842 | Added– | 7,9077,887 | +20+0.3% | $297.9K$263.7K | +$753.39 | 0.3%0.3% | +0.03 |
| PFEPfizer Inc | AddedHistory | 13,4288,651 | +4,777+55.2% | $325.5K$218.8K | +$115.8K | 0.4%0.3% | +0.11 |
| INCYIncyte Corp | AddedHistory | 5,0943,370 | +1,724+51.2% | $346.9K$203.6K | +$117.4K | 0.4%0.2% | +0.15 |
| EWEdwards Lifesciences Corp | ReducedHistory | 4,4454,971 | −526−10.6% | $347.6K$359.9K | −$41.1K | 0.4%0.4% | −0.03 |
| TMOThermo Fisher Scientific Inc. | AddedHistory | 891524 | +367+70.0% | $361.1K$261.6K | +$148.7K | 0.4%0.3% | +0.10 |
| MDTMedtronic plc | AddedHistory | 4,3333,001 | +1,332+44.4% | $377.7K$269.9K | +$116.1K | 0.4%0.3% | +0.11 |
| ABTAbbott Laboratories | NewHistory | 2,8930 | +2,893 | $393.5K$0 | +$393.5K | 0.4%0.0% | +0.44 |
| ProShares Tr74347R107 | Added– | 4,0504,042 | +8+0.2% | $395.8K$334.6K | +$781.85 | 0.4%0.4% | +0.06 |
| iShares MSCI India ETF46429B598 | Unchanged– | 7,4267,426 | 00.0% | $413.5K$382.3K | $0 | 0.5%0.4% | +0.02 |
| DEDeere & Co | AddedHistory | 1,1261,122 | +4+0.4% | $572.0K$527.0K | +$2.03K | 0.6%0.6% | +0.03 |
| iShares Tr464288661 | Added– | 5,1191,851 | +3,268+176.6% | $610.0K$219.0K | +$389.4K | 0.7%0.3% | +0.43 |
| Vanguard World FD921910709 | New– | 9,3890 | +9,389 | $632.0K$0 | +$632.0K | 0.7%0.0% | +0.71 |
| First Tr Exchange-Traded FD33738D101 | Added– | 18,97013,282 | +5,688+42.8% | $712.0K$498.0K | +$213.5K | 0.8%0.6% | +0.22 |
| JPMJPMorgan Chase & Co | ReducedHistory | 3,3213,360 | −39−1.2% | $963.0K$824.3K | −$11.3K | 1.1%0.9% | +0.13 |
| WisdomTree Tr97717W562 | Reduced– | 20,57126,006 | −5,435−20.9% | $1.05M$1.27M | −$277.0K | 1.2%1.5% | −0.29 |
| SPYSPDR S&P 500 ETF Trust | AddedHistory | 2,7462,737 | +9+0.3% | $1.70M$1.53M | +$5.56K | 1.9%1.8% | +0.13 |
| iShares Inc46434G509 | Reduced– | 64,05764,209 | −152−0.2% | $1.93M$1.80M | −$4.57K | 2.2%2.1% | +0.08 |
| Vanguard Morningstar Small-Cap ETF922908751 | Added– | 9,5034,255 | +5,248+123.3% | $2.25M$943.6K | +$1.24M | 2.5%1.1% | +1.43 |
| NVDANVIDIA Corp | ReducedHistory | 14,85214,985 | −133−0.9% | $2.35M$1.62M | −$21.0K | 2.6%1.9% | +0.75 |
| iShares Core S&P 500 ETF464287200 | Reduced– | 4,4194,581 | −162−3.5% | $2.74M$2.57M | −$100.6K | 3.1%3.0% | +0.10 |
| Vanguard Morningstar Value ETF922908744 | Added– | 16,39114,334 | +2,057+14.4% | $2.90M$2.48M | +$363.5K | 3.2%2.8% | +0.39 |
| iShares MSCI USA Min Vol Factor ETF46429B697 | Reduced– | 45,17445,249 | −75−0.2% | $4.24M$4.24M | −$7.04K | 4.7%4.9% | −0.14 |
| iShares Core High Dividend ETF46429B663 | Reduced– | 41,99643,108 | −1,112−2.6% | $4.92M$5.22M | −$130.3K | 5.5%6.0% | −0.51 |
| iShares Inc46434G863 | New– | 140,4140 | +140,414 | $5.50M$0 | +$5.50M | 6.1%0.0% | +6.14 |
| DBX ETF Tr233051200 | Added– | 126,874107,155 | +19,719+18.4% | $5.55M$4.64M | +$862.8K | 6.2%5.3% | +0.86 |
| Vanguard Ftse Developed Markets ETF921943858 | Added– | 110,174109,288 | +886+0.8% | $6.28M$5.56M | +$50.5K | 7.0%6.4% | +0.63 |
| iShares Tr46435G516 | New– | 72,6930 | +72,693 | $6.49M$0 | +$6.49M | 7.2%0.0% | +7.24 |
| Vanguard Ftse Emerging Markets ETF922042858 | Added– | 172,044156,884 | +15,160+9.7% | $8.51M$7.10M | +$749.8K | 9.5%8.2% | +1.34 |
| iShares MSCI USA Momentum Factor ETF46432F396 | Reduced– | 40,84341,771 | −928−2.2% | $9.82M$8.44M | −$223.0K | 11.0%9.7% | +1.25 |
| Nushares ETF Tr67092P300 | Reduced– | 345,887555,012 | −209,125−37.7% | $14.5M$22.5M | −$8.77M | 16.2%25.9% | −9.66 |
| SPDR Series Trust78468R796 | Sold out– | 0203,859 | −203,859−100.0% | $0$9.33M | −$9.33M | 0.0%10.7% | −10.73 |
| PIMCO ETF Tr72201R304 | Sold out– | 07,394 | −7,394−100.0% | $0$405.0K | −$405.0K | 0.0%0.5% | −0.47 |
| LEGNLegend Biotech Corp | Sold outHistory | 06,429 | −6,429−100.0% | $0$218.6K | −$218.6K | 0.0%0.3% | −0.25 |
| DJPBarclays Bank PLC | Sold outHistory | 06,120 | −6,120−100.0% | $0$216.0K | −$216.0K | 0.0%0.2% | −0.25 |
| iShares Tr464287440 | Sold out– | 02,196 | −2,196−100.0% | $0$209.0K | −$209.0K | 0.0%0.2% | −0.24 |
| Invesco Exch Traded FD Tr II46138G508 | Sold out– | 09,786 | −9,786−100.0% | $0$203.0K | −$203.0K | 0.0%0.2% | −0.23 |
| COGTCogent Biosciences, Inc. | Sold outHistory | 014,015 | −14,015−100.0% | $0$83.5K | −$83.5K | 0.0%0.1% | −0.10 |
| IMTXImmatics N.V. | Sold outHistory | 015,971 | −15,971−100.0% | $0$71.8K | −$71.8K | 0.0%0.1% | −0.08 |
| ITOSiTeos Therapeutics, Inc. | Sold outHistory | 011,061 | −11,061−100.0% | $0$66.4K | −$66.4K | 0.0%0.1% | −0.08 |
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.