# EDGAR Filing Document

**Accession Number:** 0001781948
**File Stem:** 0001781948-25-000006
**Filing Date:** 2025-11
**Character Count:** 7527
**Document Hash:** 1ba12ebad4c52cb4a28f7ef2fc46f1a3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001781948-25-000006.hdr.sgml**: 20251104

**ACCESSION NUMBER**: 0001781948-25-000006

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251104

**DATE AS OF CHANGE**: 20251104

**EFFECTIVENESS DATE**: 20251104

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Legend Financial Advisors, Inc.
- **CENTRAL INDEX KEY:** 0001781948

**ORGANIZATION NAME:**
- **EIN:** 251713502
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19565
- **FILM NUMBER:** 251448152

**BUSINESS ADDRESS:**
- **STREET 1:** 5700 CORPORATE DRIVE SUITE 350
- **CITY:** PITTSBURGH
- **STATE:** PA
- **ZIP:** 15237-5829
- **BUSINESS PHONE:** (412)635-9210

**MAIL ADDRESS:**
- **STREET 1:** 5700 CORPORATE DRIVE SUITE 350
- **CITY:** PITTSBURGH
- **STATE:** PA
- **ZIP:** 15237-5829

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Legend Financial Advisors Inc.<br>**Address:** 5700 CORPORATE DRIVE SUITE 350<br>PITTSBURGH, PA 15237-5829

**Form 13F File Number:** 028-19565

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Cody Branson<br>**Title:** Compliance Consultant<br>**Phone:** 7202633776

**Signature, Place, and Date of Signing:**

Cody Branson  Denver, CO  11-04-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 39

**Form 13F Information Table Value Total:** $163119857

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| WORKDAY INC | CL A | 98138H101 |  | 206787 | 859 | SH |  | SOLE |  | 0 | 0 | 859 |
| ELI LILLY  CO | COM | 532457108 |  | 228900 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 237718 | 3149 | SH |  | SOLE |  | 0 | 0 | 3149 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 261580 | 500 | SH |  | SOLE |  | 0 | 0 | 500 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 272216 | 863 | SH |  | SOLE |  | 0 | 0 | 863 |
| NOMAD FOODS LTD | USD ORD SHS | G6564A105 |  | 548210 | 41689 | SH |  | SOLE |  | 0 | 0 | 41689 |
| EVEREST GROUP LTD | COM | G3223R108 |  | 668939 | 1910 | SH |  | SOLE |  | 0 | 0 | 1910 |
| NMI HLDGS INC | COM | 629209305 |  | 716958 | 18700 | SH |  | SOLE |  | 0 | 0 | 18700 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 783844 | 24564 | SH |  | SOLE |  | 0 | 0 | 24564 |
| AUTOLIV INC | COM | 052800109 |  | 803244 | 6504 | SH |  | SOLE |  | 0 | 0 | 6504 |
| COREBRIDGE FINL INC | COM | 21871X109 |  | 819070 | 25556 | SH |  | SOLE |  | 0 | 0 | 25556 |
| FISERV INC | COM | 337738108 |  | 882397 | 6844 | SH |  | SOLE |  | 0 | 0 | 6844 |
| COPA HOLDINGS SA | CL A | P31076105 |  | 941054 | 7920 | SH |  | SOLE |  | 0 | 0 | 7920 |
| INTEL CORP | COM | 458140100 |  | 987444 | 29432 | SH |  | SOLE |  | 0 | 0 | 29432 |
| BANCORP INC DEL | COM | 05969A105 |  | 1025019 | 13687 | SH |  | SOLE |  | 0 | 0 | 13687 |
| FIRST SOLAR INC | COM | 336433107 |  | 1090521 | 4945 | SH |  | SOLE |  | 0 | 0 | 4945 |
| EVERCORE INC | CLASS A | 29977A105 |  | 1094941 | 3246 | SH |  | SOLE |  | 0 | 0 | 3246 |
| PAN AMERN SILVER CORP | COM | 697900108 |  | 1228516 | 31720 | SH |  | SOLE |  | 0 | 0 | 31720 |
| MODINE MFG CO | COM | 607828100 |  | 1376109 | 9680 | SH |  | SOLE |  | 0 | 0 | 9680 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 1479205 | 45139 | SH |  | SOLE |  | 0 | 0 | 45139 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1587150 | 3157 | SH |  | SOLE |  | 0 | 0 | 3157 |
| AMAZON COM INC | COM | 023135106 |  | 1825066 | 8312 | SH |  | SOLE |  | 0 | 0 | 8312 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 1857450 | 20791 | SH |  | SOLE |  | 0 | 0 | 20791 |
| SPDR SERIES TRUST | PORTFOLIO S | 78468R853 |  | 2101024 | 45359 | SH |  | SOLE |  | 0 | 0 | 45359 |
| APPLE INC | COM | 037833100 |  | 2845741 | 11176 | SH |  | SOLE |  | 0 | 0 | 11176 |
| ALTSHARES TRUST | MERGER ARBITRAGE | 02210T108 |  | 5072885 | 174987 | SH |  | SOLE |  | 0 | 0 | 174987 |
| INVESCO EXCH TRADED FD TR II | S INTL MOMNT | 46138E222 |  | 6392095 | 118394 | SH |  | SOLE |  | 0 | 0 | 118394 |
| ISHARES TR | U.S. INSRNCE ETF | 464288786 |  | 6974410 | 52036 | SH |  | SOLE |  | 0 | 0 | 52036 |
| BARCLAYS BANK PLC | DJUBS CMDT ETN36 | 06738C778 |  | 7177567 | 202527 | SH |  | SOLE |  | 0 | 0 | 202527 |
| INVESCO EXCHANGE TRADED FD T | S EQL DIS | 46137V381 |  | 7372615 | 127775 | SH |  | SOLE |  | 0 | 0 | 127775 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 8632930 | 29390 | SH |  | SOLE |  | 0 | 0 | 29390 |
| VANGUARD ADMIRAL FDS INC | SMLCP 600 VAL | 921932778 |  | 9199822 | 96616 | SH |  | SOLE |  | 0 | 0 | 96616 |
| MANAGED PORTFOLIO SERIES | LEUTHOLD CORE ET | 56167R606 |  | 9692661 | 255160 | SH |  | SOLE |  | 0 | 0 | 255160 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US L | 808524771 |  | 10056329 | 382370 | SH |  | SOLE |  | 0 | 0 | 382370 |
| SPDR SERIES TRUST | S METALS MNG | 78464A755 |  | 10063958 | 107994 | SH |  | SOLE |  | 0 | 0 | 107994 |
| GLOBAL X FDS | GLOBAL X COPPER | 37954Y830 |  | 11855217 | 198215 | SH |  | SOLE |  | 0 | 0 | 198215 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 14102965 | 52017 | SH |  | SOLE |  | 0 | 0 | 52017 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 14790399 | 24635 | SH |  | SOLE |  | 0 | 0 | 24635 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 15866901 | 218042 | SH |  | SOLE |  | 0 | 0 | 218042 |

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