The Theory Financial LLC institutional investment manager filed a Form 13F-HR with the Securities and Exchange Commission on November 9, 2026, disclosing equity holdings as of September 30, 2026. The filing lists Ryan Charles Stout, the Managing Member and Chief Compliance Officer, as the authorized signatory for the firm based in Fort Collins, Colorado.
The report details a portfolio of 103 distinct equity securities, with a total value exceeding $1.4 billion. The top holdings in the portfolio are primarily comprised of exchange-traded funds (ETFs) and index funds, including the iShares Core S&P 500 ETF, the iShares Core MSCI EAFE ETF, and the iShares Core MSCI ACWI ex US ETF. These broad-market funds represent the largest positions in the portfolio.
Among individual common stocks, AbbVie Inc. is the largest holding, with 944 shares. Other notable individual stock positions include Alphabet Inc. Class A (1,904 shares), Amazon.com Inc. (2,318 shares), Apple Inc. (1,931 shares), and Broadcom Inc. (773 shares). The filing also lists several other large-cap technology and healthcare companies, including Eli Lilly & Co., Johnson & Johnson, and JPMorgan Chase & Co., with share counts ranging from a few hundred to over 1,000.
The portfolio also includes exposure to commodities and specialized sectors through specific ETFs. Significant positions include the Invesco ActiveShares ETF Fund Optimum Yield (628,751 shares), the Invesco Exchange Traded Fund Trust II Nasdaq 100 ETF (1,165 shares), and the Simplify Exchange Traded Funds Managed Futures fund (172,368 shares). The filing indicates that all positions are held in a Sole voting capacity.
