IFP Advisors, Inc

CIK 0001641866 · Q1 2026

13F Equity AUM

$4.8B

+8.3% QoQ

Positions

3,898

+94 QoQ

AUM Rank

#1,039

Top 8%

Skill Alpha (FF)

+0.4%/yr^ns

No Clear Edge

Rank #1,955 · Top 24%

vs S&P -5.2%/yr (unadj.)

Quarters Tracked

~10 years

Portfolio Concentration

Top 5: 9.0%Top 10: 14.6%Top 20: 22.2%

AAPL2.5%

NVDA2.4%

AMZN1.4%

MSFT1.3%

GOOG1.3%

SPY1.2%

VUG1.2%

NDQ1.1%

IAU*1.0%

TLT1.0%

Others (3888)85.5%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Financial Services61.9%

Technology12.0%

Communication Services4.1%

Industrials3.8%

Healthcare3.6%

Consumer Cyclical3.6%

Basic Materials2.8%

Consumer Defensive2.1%

Other6.1%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 3898Median: 0.00%Avg: 0.03%

0–0.5%

3868(72.2%)

0.5–1%

21(14.3%)

1–3%

9(13.6%)

3–5%

0(0.0%)

5%+

0(0.0%)

Count of positions per weight bucket — (%) = combined portfolio weight

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Portfolio Overlap

Shared: 3,343Unique: 555vs 20 funds

42.6%High

3,898

Fund positions

7,299

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Most Similar Funds

Top 9 benchmark funds with highest portfolio overlap (Jaccard similarity)

MORGAN STANLEY

52.4%

BANK OF AMERICA CORP /DE/

54.6%

44.2%

41.8%

44.3%

38.2%

GEODE CAPITAL MANAGEMENT, LLC

37%

VANGUARD CAPITAL MANAGEMENT LLC

36.8%

VANGUARD PORTFOLIO MANAGEMENT LLC

38.3%

Jaccard similarity per fund: shared CUSIPs / (fund A + fund B − shared). Higher values indicate more similar portfolios.

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Position Changes This Quarter

New355Increased1979Decreased1630Exited219

New Positions

EVMO0.1%

+85K

CORO0.1%

+105K

QQA0.1%

+51K

HRI0.0%

+12K

AVSF0.0%

+26K

IDEF0.0%

+45K

EFAA0.0%

+23K

BKGI0.0%

+22K

GSY0.0%

+19K

AZN0.0%

+6K

Increased

PBW0.2%

+259K(+33163%)

Z0.2%

+168K(+227%)

TSLX0.1%

+166K(+245%)

LQTI0.1%

+154K(+887%)

CGDV0.6%

+153K(+32%)

TLTW0.1%

+139K(+2413%)

TCAF0.1%

+129K(+200%)

CGGR0.5%

+127K(+29%)

FTSM0.5%

+119K(+37%)

NVDA2.4%

+112K(+21%)

Decreased

EDG0.1%

-334,248(-68%)

FCT0.0%

-169,307(-99%)

DDFL0.0%

-145,751(-93%)

PGX0.0%

-144,371(-93%)

SPLB0.0%

-131,686(-64%)

IVW0.8%

-125,209(-27%)

UFEB0.0%

-100,532(-100%)

SCHZ0.2%

-97,984(-22%)

EWT0.0%

-92,041(-100%)

SCHD0.4%

-86,796(-11%)

Exited

-281,946

-321,346

-48,131

-59,984

-84,045

-44,461

-21,840

-12,099

-3,977

-6,322

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

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Holdings

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