Arkolith/Funds/Theory Financial LLC

Theory Financial LLC

CIK 1899158
Holdings as of Jun 30, 2026·disclosed Jul 31, 2026·~31-day 13F lag·13F-HR
Active Filer

Theory Financial LLC holds a diversified book of 99 reported positions worth $317.3M as of Q2 2026 (disclosed Jul 31, 2026, a ~31-day 13F lag). This quarter they opened Roundhill Memory ETF and trimmed Ishares 5-10Y Inv Grade Corp. Their largest long position is Schwab US Aggregate Bond ETF at 7% of the reported non-option book. Cloning the disclosed picks since 2024 would be +14% (+7.4%/yr). That is a simulation of the disclosed long book, not audited returns.

Growth of $10,000: cloning the disclosed book

If you'd copied them
+14.3%
+7.4%/yr · since Nov '24
Their reported book
+14.9%
held from quarter-end
S&P 500
+29.4%
same window
$8K$10K$11K$12K$13KNov '24Mar '25Aug '25Dec '25May '26Sep '26
Theory Financial LLC (copied at disclosure) S&P 500

Growth of $10,000 cloning Theory Financial LLC's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~31 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

How much sits in the biggest positions

Top-heavy: diversified book

Top 5 holdings
24%
Top 10 holdings
38%
Top 20 holdings
59%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Where the money is, by sector

4% mapped to company sectors

ETFs / funds
90%
No sector on file yet
6%
Financials
3%
Information Technology
1%

+3 sectors below the cut, 1% together

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Theory Financial LLC

Manager / fundShared namesTheir $ in those
Sharkey, Howes & Javer52 / 80$653.3M
Alternative Investment Advisors, LLC.12 / 80$206.4M
Daviman Financial, LLC35 / 80$141.9M
Polaris Investment Advisors, LLC34 / 80$121.4M
ONE Advisory Partners, LLC31 / 80$280.3M
Keystone Financial Services34 / 80$295.3M
Bedminster, LLC24 / 80$87.8M
Kilter Group LLC46 / 80$204.3M

Ranked by the share of each fund's own book sitting in the names it shares with Theory Financial LLC: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each position's share of the portfolio. Click a row for its position history.

99 positions
#SecurityValueShares% PortLast moveHistory
1Schwab Strategic TR
US AGGREGATE B
$22.9M988.1K
7.2%
+4.4%
Added · +42K sh
2Select Sector SPDR TR
ST STR SVC ETF
$21.1M197.0K
6.7%
+6.0%
Added · +11K sh
3SPDR Series Trust
ST STR P500ETF
$12.2M139.4K
3.9%
+67%
Added · +56K sh
4Ishares TR
MBS ETF
$10.8M114.4K
3.4%
+2.2%
Added · +2K sh
5DBX ETF TR
XTRACK USD HIGH
$9.4M257.5K
3.0%
+4.6%
Added · +11K sh
6Simplify Exchange Traded Fun
MANAGED FUTURES
$9.4M361.2K
3.0%
+6.8%
Added · +23K sh
7Ishares TR
ISHS 5-10YR INVT
$8.8M166.2K
2.8%
−1.3%
Reduced · −2K sh
8Wisdomtree TR
US MIDCAP FUND
$8.3M109.4K
2.6%
+22%
Added · +20K sh
9ETF Opportunities Trust
SMI FULL ETF
$8.2M281.4K
2.6%
−7.7%
Reduced · −23K sh
10Ishares TR
ISHARES SEMICDTR
$7.9M12.3K
2.5%
−7.9%
Reduced · −1K sh
11Tidal Trust I
FUND GRAN US ETF
$7.8M283.6K
2.5%
−11%
Reduced · −36K sh
12Ishares Inc
MSCI GBL ETF NEW
$7.4M127.6K
2.3%
+25%
Added · +25K sh
13Ishares TR
CORE UNIVRSL USD
$7.4M159.6K
2.3%
+79%
Added · +70K sh
14Invesco Exchange Traded FD T
DORSEY WRGT TECH
$6.7M49.4K
2.1%
−2.4%
Reduced · −1K sh
15Vanguard Star FDS
VG TL INTL STK F
$6.7M78.2K
2.1%
+12%
Added · +8K sh
16Vanguard World FD
INF TECH ETF
$6.4M53.4K
2.0%
+779%
Added · +47K sh
17Schwab Strategic TR
US TIPS ETF
$6.2M235.4K
2.0%
+18%
Added · +36K sh
18Vanguard World FD
FINANCIALS ETF
$6.2M46.8K
1.9%
−2.3%
Reduced · −1K sh
19Invesco Exchange Traded FD T
S&P SMLCP MOMENT
$6.0M63.6K
1.9%
+2.5%
Added · +2K sh
20Invesco Exchange Traded FD T
S&P SML600 VAL
$5.9M39.8K
1.9%
+5.3%
Added · +2K sh
21SPDR Gold TR
GOLD SHS
$5.9M16.0K
1.9%
+6.9%
Added · +1K sh
22Invesco Exch Traded FD TR II
NASDAQ 100 ETF
$5.9M19.5K
1.9%
+14%
Added · +2K sh
23BlackRock ETF Trust
ISHARES US EQUIT
$5.9M86.4K
1.9%
−2.0%
Reduced · −2K sh
24Vanguard Index FDS
SM CP VAL ETF
$5.8M23.9K
1.8%
+6.8%
Added · +2K sh
25Select Sector SPDR TR
ST STR TECHN ETF
$5.8M30.2K
1.8%
+7.5%
Added · +2K sh
26Ishares TR
S&P 500 GRWT ETF
$5.7M41.3K
1.8%
−3.1%
Reduced · −1K sh
27Invesco Actvely MNGD Etc FD
OPTIMUM YIELD
$5.6M352.4K
1.8%
+24%
Added · +67K sh
28Select Sector SPDR TR
ST STR CARE ETF
$4.9M30.6K
1.5%
−32%
Reduced · −14K sh
29Ishares TR
S&P 500 VAL ETF
$4.8M21.1K
1.5%
−18%
Reduced · −5K sh
30Roundhill ETF Trust
MEMORY ETF
$3.8M51.1K
1.2%
New
New position
31Ishares TR
MSCI ACWI EX US
$3.7M48.5K
1.2%
+30%
Added · +11K sh
32Ishares TR
JPMORGAN USD EMG
$3.7M38.0K
1.2%
New
New position
33Ishares TR
US TREAS BD ETF
$3.6M159.1K
1.1%
+9.9%
Added · +14K sh
34BlackRock ETF Trust
ISHA IN CTRY ETF
$3.3M90.3K
1.0%
−0.3%
Reduced · −287 sh
35Vanguard Index FDS
VALUE ETF
$3.2M14.5K
1.0%
+3.1%
Added · +434 sh
36Vaneck ETF Trust
URANI NUCLE ETF
$3.1M26.9K
1.0%
+26%
Added · +6K sh
37BlackRock ETF Trust
ISHA I IN TE ETF
$2.7M51.7K
0.9%
−25%
Reduced · −17K sh
38SPDR Index SHS FDS
ST PORT MARK ETF
$2.6M50.7K
0.8%
+8.1%
Added · +4K sh
39Vanguard Mun BD FDS
TAX EXEMPT BD
$2.6M51.8K
0.8%
+2.6%
Added · +1K sh
40Bondbloxx ETF Trust
BLOOMBERG TEN YR
$2.5M55.6K
0.8%
−38%
Reduced · −33K sh
41Ishares TR
NATIONAL MUN ETF
$2.5M23.1K
0.8%
+0.6%
Added · +139 sh
42BlackRock ETF Trust
ISHA LA CORE ETF
$2.3M46.2K
0.7%
+4.8%
Added · +2K sh
43BlackRock ETF Trust
ISHA SYST AL ETF
$2.3M80.3K
0.7%
New
New position
44Invesco Exch Traded FD TR II
S&P 500 MOMNTM
$2.2M13.4K
0.7%
−27%
Reduced · −5K sh
45Ishares TR
CORE S&P500 ETF
$2.1M2.9K
0.7%
+3.5%
Added · +96 sh
46BlackRock ETF Trust II
ISHA GLO USD ETF
$2.0M39.9K
0.6%
New
New position
47Ishares TR
LONG TERM MUNI
$2.0M39.0K
0.6%
+3.1%
Added · +1K sh
48BlackRock ETF Trust
ISHA US THEM ETF
$1.9M43.4K
0.6%
−31%
Reduced · −20K sh
49Global X FDS
DEFENSE TECH ETF
$1.5M24.5K
0.5%
+24%
Added · +5K sh
50American Centy ETF TR
AVANTIS EMGMKT
$1.4M14.9K
0.5%
−45%
Reduced · −12K sh
Showing 50 of 99 positions
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Filing history

As-of date vs the date the SEC received each filing

$317.3M · Q2 2026Q3 2024 · $226.9MQ2 2026 · $317.3M

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Jul 31, 202631d99$317.3M13F-HR
Q1 2026Mar 31, 2026May 5, 202635d94$284.9M13F-HR
Q4 2025Dec 31, 2025Feb 10, 202641d101$296.9M13F-HR
Q3 2025Sep 30, 2025Oct 29, 202529d90$283.7M13F-HR
Q2 2025Jun 30, 2025Aug 11, 202542d84$263.6M13F-HR
Q1 2025Mar 31, 2025May 2, 202532d81$237.1M13F-HR
Q4 2024Dec 31, 2024Feb 4, 202535d74$239.1M13F-HR
Q3 2024Sep 30, 2024Nov 7, 202438d66$226.9M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.