A&I FINANCIAL SERVICES, LLC BUSA — 2023 ETF SERIES TRUST

Ownership history in A&I FINANCIAL SERVICES, LLC  ·  5 quarters on record

AI Ownership Summary

A&I FINANCIAL SERVICES, LLC reported 2023 ETF SERIES TRUST (BUSA) in 5 quarterly 13F filings from 2025 Q1 through 2026 Q1. Peak portfolio weight reached 9.55% in 2025 Q1. The latest visible filing shows BUSA at 7.79% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this BUSA ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was A&I FINANCIAL SERVICES, LLC's position in 2023 ETF SERIES TRUST, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

BUSA was reported at 7.79% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
9.55% in 2025 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2025 Q1 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

BUSA stock page A&I FINANCIAL SERVICES, LLC fund profile A&I FINANCIAL SERVICES, LLC full holdings
How A&I FINANCIAL SERVICES, LLC held BUSA — position size vs. price
% of Fund (quarterly)    BUSA price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 5 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 REDUCED — — — 444,162 -18,591 -4.0% 7.79% $16.4M 2026-04-15 $38.44
2025 Q4 REDUCED — — — 462,753 -2,384 -0.5% 8.03% $16.9M 2026-01-28 $37.83
2025 Q3 ADDED — — — 465,137 +19,089 +4.3% 7.94% $16.3M 2025-10-23 $34.80
2025 Q2 ADDED — — — 446,048 +16,018 +3.7% 8.42% $14.9M 2025-07-14 $33.47
2025 Q1 INITIATED — — — 430,030 — — 9.55% $14.1M 2025-05-01 $30.59

🏢 Other funds also holding BUSA

As of 2026 Q1 — sorted by position size

HANTZ FINANCIAL SERVICES, INC. 3Y 3.16% NKCFO LLC 3Y 7Y 0.9% Brooklyn Investment Group 0.24% Live Oak Private Wealth LLC 3Y 0.15% HARBOR INVESTMENT ADVISORY, LLC 3Y 0.1% B. Riley Wealth Advisors, Inc. 3Y 7Y 0.02% STIFEL FINANCIAL CORP 3Y 7Y 0.0% Kestra Advisory Services, LLC 3Y 0.0% Sanctuary Advisors, LLC 0.0% COMMONWEALTH EQUITY SERVICES, LLC 3Y 7Y 0.0%

FAQ About A&I FINANCIAL SERVICES, LLC and BUSA

These are the practical questions this page is built to answer before you even open the full history table.

How long has A&I FINANCIAL SERVICES, LLC reported owning BUSA?

A&I FINANCIAL SERVICES, LLC reported BUSA across 5 quarterly 13F filings, from 2025 Q1 through 2026 Q1.

What was the largest reported BUSA position in A&I FINANCIAL SERVICES, LLC's portfolio?

The largest reported portfolio weight for BUSA was 9.55% in 2025 Q1.

What is the latest reported BUSA position on this page?

The most recent filing on this page is 2026 Q1, when A&I FINANCIAL SERVICES, LLC reported 444,162 shares, equal to 7.79% of portfolio, with an estimated market value of $16.4M.

What does the chart on this BUSA ownership page compare?

The chart compares A&I FINANCIAL SERVICES, LLC's quarterly BUSA portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did A&I FINANCIAL SERVICES, LLC time their BUSA position?

Based on 13F filing dates vs. subsequent BUSA price moves, A&I FINANCIAL SERVICES, LLC correctly timed 3 out of 4 reported position changes (75%). The annualised alpha on BUSA relative to SPY over the holding period was -0.9%.

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