Boulay Financial Advisors, LLC
CIK 2056342 · View on SEC EDGAR ↗
- Portfolio value
- $1.1B
- Positions
- 6
- As of
- June 30, 2026
#2,329 of 9,443 by 13F value · top 24.7%
Portfolio value QoQ: +24.0% 13F does not disclose cash
- Top 10 holdings weight
- 100.00%
- Top 25 holdings weight
- 100.00%
- Positions above 1%
- 6
- Effective number of positions
- 5.2
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 2.28% Est. buys $116,852,788 · sells $22,282,254
Median holding: 3.0 quarters Tracked Q1 2025–Q2 2026 · 85.7% still held
- New positions
- 1
- Increased
- 3
- Decreased
- 2
- Closed
- 1
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Other/Unmapped
100.0%
Full portfolio 6 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| FNDX | $303,041,255 | 28.06% | 9,744,092 | $36,576,153 | Up ×5 | ||
| MOAT | $237,820,873 | 22.02% | 2,287,619 | $23,126,364 | Up ×5 | ||
| IWY | $179,321,333 | 16.60% | 617,030 | $27,508,768 | Up ×3 | ||
| FNDF | $139,691,635 | 12.93% | 2,647,681 | $6,347,627 | Down ×1 | ||
| XCEM | $117,862,706 | 10.91% | 2,228,872 | $12,862,488 | Down ×1 | ||
| FNDA | $102,345,040 | 9.48% | 2,689,045 | Up ×1 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| FNDX | $303,041,255 | 28.06% | up ×5 |
| MOAT | $237,820,873 | 22.02% | up ×5 |
| IWY | $179,321,333 | 16.60% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| FNDA | $102,345,040 | 2,689,045 | 9.48% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| FNDX | Bought more | +176K | +$36.6M |
| IWY | Bought more | +7K | +$27.5M |
| MOAT | Bought more | +67K | +$23.1M |
| XCEM | Trimmed | -344K | +$12.9M |
| FNDF | Trimmed | -78K | +$6.3M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| RUNN | March 31, 2026 | 3,204,936 | $106,852,567 |