# EDGAR Filing Document

**Accession Number:** 0001899158
**File Stem:** 0001899158-26-000001
**Filing Date:** 2026-2
**Character Count:** 15335
**Document Hash:** b8aff4c37733d8406a8f7b646f7ca2f4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001899158-26-000001.hdr.sgml**: 20260210

**ACCESSION NUMBER**: 0001899158-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260210

**DATE AS OF CHANGE**: 20260210

**EFFECTIVENESS DATE**: 20260210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** THEORY FINANCIAL LLC
- **CENTRAL INDEX KEY:** 0001899158

**ORGANIZATION NAME:**
- **EIN:** 834483794
- **STATE OF INCORPORATION:** WA

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22168
- **FILM NUMBER:** 26614275

**BUSINESS ADDRESS:**
- **STREET 1:** 2580 HARMONY ROAD
- **STREET 2:** SUITE 201
- **CITY:** FORT COLLINS
- **STATE:** CO
- **ZIP:** 80528
- **BUSINESS PHONE:** 9703054649

**MAIL ADDRESS:**
- **STREET 1:** 2580 HARMONY ROAD
- **STREET 2:** SUITE 201
- **CITY:** FORT COLLINS
- **STATE:** CO
- **ZIP:** 80528

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**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:** THEORY FINANCIAL LLC<br>**Address:** 2580 HARMONY ROAD<br>SUITE 201<br>FORT COLLINS, CO 80528

**Form 13F File Number:** 028-22168

**CRD Number (if applicable):** 000304084

**SEC File Number (if applicable):** 801-122366

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:** Ryan Charles Stout<br>**Title:** Managing Member and Chief Compliance Officer<br>**Phone:** 970-505-4649

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

/s/Ryan Charles Stout  Fort Collins, CO  02-10-2026<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:** 101

**Form 13F Information Table Value Total:** $296861345

      (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 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 208407 | 944 | SH |  | SOLE |  | 944 | 0 | 0 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 | BBG001S7FTC8 | 991544 | 2744 | SH |  | SOLE |  | 2744 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 673185 | 2020 | SH |  | SOLE |  | 2020 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 209161 | 627 | SH |  | SOLE |  | 627 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 528816 | 2218 | SH |  | SOLE |  | 2218 | 0 | 0 |
| AMERICAN CENTY ETF TR | AVANTIS EMGMKT | 025072604 | BBG00Q6ZDXT0 | 1791719 | 21561 | SH |  | SOLE |  | 21561 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 505201 | 1978 | SH |  | SOLE |  | 1978 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 591284 | 1223 | SH |  | SOLE |  | 1223 | 0 | 0 |
| BLACKROCK ETF TRUST | ISHARES A I INNO | 09290C780 | BBG01Q9L3DJ3 | 2357396 | 68212 | SH |  | SOLE |  | 68212 | 0 | 0 |
| BLACKROCK ETF TRUST | ISHARES US CARBO | 09290C509 | BBG00ZS43SF2 | 1066808 | 14226 | SH |  | SOLE |  | 14226 | 0 | 0 |
| BLACKROCK ETF TRUST | ISHARES US EQUIT | 09290C103 | BBG00NNWBWQ2 | 6500351 | 106128 | SH |  | SOLE |  | 106128 | 0 | 0 |
| BLACKROCK ETF TRUST | ISHARES US THEMA | 09290C806 | BBG01408D4M5 | 2453957 | 62697 | SH |  | SOLE |  | 62697 | 0 | 0 |
| BLACKROCK ETF TRUST II | ISHARES FLEXIBLE | 092528603 | BBG01GQYLJY8 | 2529460 | 47672 | SH |  | SOLE |  | 47672 | 0 | 0 |
| BLACKROCK ETF TRUST II | ISHARES HIGH YIE | 092528843 | BBG01S6WC186 | 688669 | 14043 | SH |  | SOLE |  | 14043 | 0 | 0 |
| BONDBLOXX ETF TRUST | BLOOMBERG TEN YR | 09789C812 | BBG019MDHCC8 | 3972865 | 85604 | SH |  | SOLE |  | 85604 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 277422 | 854 | SH |  | SOLE |  | 854 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 402503 | 2403 | SH |  | SOLE |  | 2403 | 0 | 0 |
| DBX ETF TR | XTRACK USD HIGH | 233051432 | BBG00FGWY4G5 | 8541308 | 230286 | SH |  | SOLE |  | 230286 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 262499 | 247 | SH |  | SOLE |  | 247 | 0 | 0 |
| ETF OPPORTUNITIES TRUST | SMI 3FOURTEEN FU | 26923N512 | BBG01NKCTB21 | 2393523 | 88649 | SH |  | SOLE |  | 88649 | 0 | 0 |
| EXACT SCIENCES CORP | COM | 30063P105 | BBG001SGCLB9 | 256070 | 2498 | SH |  | SOLE |  | 2498 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 429196 | 3183 | SH |  | SOLE |  | 3183 | 0 | 0 |
| FRANKLIN TEMPLETON HOLDINGS | RESPBLY SRCD GLD | 35473M105 | BBG018KX3R21 | 212858 | 3160 | SH |  | SOLE |  | 3160 | 0 | 0 |
| GLOBAL X FDS | DEFENSE TECH ETF | 37960A529 | BBG01J6K2RX8 | 874470 | 11479 | SH |  | SOLE |  | 11479 | 0 | 0 |
| GRAYSCALE BITCOIN MINI TR ET | SHS NEW | 389930207 | BBG01NX636V7 | 2307253 | 59542 | SH |  | SOLE |  | 59542 | 0 | 0 |
| INVESCO ACTVELY MNGD ETC FD | OPTIMUM YIELD | 46090F100 | BBG007HL81B6 | 2400570 | 166475 | SH |  | SOLE |  | 166475 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 46138G649 | BBG00XS6PBW6 | 5344728 | 20753 | SH |  | SOLE |  | 20753 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S 500 MOMNTM | 46138E339 | BBG00B59HSJ0 | 2184844 | 18386 | SH |  | SOLE |  | 18386 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | DORSEY WRGT TECH | 46137V811 | BBG001SRNLG8 | 5634752 | 67775 | SH |  | SOLE |  | 67775 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S 500 TOP 50 | 46137V233 | BBG00KJR2B26 | 4357689 | 73847 | SH |  | SOLE |  | 73847 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S SML600 VAL | 46137V167 | BBG00KJR31G2 | 3644740 | 28319 | SH |  | SOLE |  | 28319 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S SMLCP MOMENT | 46137V498 | BBG001SJWX52 | 3673039 | 47708 | SH |  | SOLE |  | 47708 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 222664 | 356 | SH |  | SOLE |  | 356 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 | BBG001SJK6D5 | 402992 | 4234 | SH |  | SOLE |  | 4234 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 | BBG003HC3DG9 | 3617218 | 49824 | SH |  | SOLE |  | 49824 | 0 | 0 |
| ISHARES INC | ESG AWR MSCI EM | 46434G863 | BBG00D7BDH70 | 420335 | 8825 | SH |  | SOLE |  | 8825 | 0 | 0 |
| ISHARES INC | MSCI GBL ETF NEW | 46434G848 | BBG002GKR9K2 | 2795613 | 46922 | SH |  | SOLE |  | 46922 | 0 | 0 |
| ISHARES TR | 10-20 YR TRS ETF | 464288653 | BBG001SSD830 | 763560 | 7453 | SH |  | SOLE |  | 7453 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 | BBG001S8MLN3 | 386443 | 4374 | SH |  | SOLE |  | 4374 | 0 | 0 |
| ISHARES TR | CORE INTL AGGR | 46435G672 | BBG00BDV2SQ0 | 1941718 | 38657 | SH |  | SOLE |  | 38657 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 | BBG003H6TRS0 | 432085 | 4604 | SH |  | SOLE |  | 4604 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 1882382 | 2705 | SH |  | SOLE |  | 2705 | 0 | 0 |
| ISHARES TR | CORE UNIVRSL USD | 46434V613 | BBG006MJCSW0 | 3956035 | 84657 | SH |  | SOLE |  | 84657 | 0 | 0 |
| ISHARES TR | EAFE GRWTH ETF | 464288885 | BBG001SP62C7 | 326754 | 2720 | SH |  | SOLE |  | 2720 | 0 | 0 |
| ISHARES TR | EAFE VALUE ETF | 464288877 | BBG001SNYBH6 | 3989018 | 53710 | SH |  | SOLE |  | 53710 | 0 | 0 |
| ISHARES TR | ESG ADVANCED UNI | 46436E619 | BBG00VJ13GZ1 | 505089 | 11478 | SH |  | SOLE |  | 11478 | 0 | 0 |
| ISHARES TR | ESG AWR MSCI USA | 46436E221 | BBG01DJPZVG0 | 320314 | 9648 | SH |  | SOLE |  | 9648 | 0 | 0 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 | BBG00FFPFTS4 | 796606 | 5271 | SH |  | SOLE |  | 5271 | 0 | 0 |
| ISHARES TR | ESG AWR US AGRGT | 46435U549 | BBG00MC0P0K7 | 968573 | 20166 | SH |  | SOLE |  | 20166 | 0 | 0 |
| ISHARES TR | ESG AWRE USD ETF | 46435G193 | BBG00H4BH3F2 | 1022403 | 43488 | SH |  | SOLE |  | 43488 | 0 | 0 |
| ISHARES TR | ESG MSCI KLD 400 | 464288570 | BBG001SRYH02 | 774365 | 5882 | SH |  | SOLE |  | 5882 | 0 | 0 |
| ISHARES TR | ESG MSCI USA ETF | 46436E767 | BBG00VHK2B74 | 485855 | 8251 | SH |  | SOLE |  | 8251 | 0 | 0 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 | BBG001SJ8F58 | 5857920 | 17075 | SH |  | SOLE |  | 17075 | 0 | 0 |
| ISHARES TR | ISHS 5-10YR INVT | 464288638 | BBG001SSD849 | 9187289 | 170072 | SH |  | SOLE |  | 170072 | 0 | 0 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 | BBG001SQS9Y2 | 889286 | 9185 | SH |  | SOLE |  | 9185 | 0 | 0 |
| ISHARES TR | MBS ETF | 464288588 | BBG001SSD8B1 | 10587489 | 110574 | SH |  | SOLE |  | 110574 | 0 | 0 |
| ISHARES TR | MSCI INTL VLU FT | 46435G409 | BBG009DR6401 | 322604 | 8051 | SH |  | SOLE |  | 8051 | 0 | 0 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 | BBG004TRTWW3 | 6098971 | 29937 | SH |  | SOLE |  | 29937 | 0 | 0 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 | BBG001SZV978 | 2385423 | 22157 | SH |  | SOLE |  | 22157 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 | BBG001S56320 | 1209519 | 2567 | SH |  | SOLE |  | 2567 | 0 | 0 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 | BBG001S561Z8 | 204418 | 1464 | SH |  | SOLE |  | 1464 | 0 | 0 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 | BBG001S561V2 | 339662 | 2293 | SH |  | SOLE |  | 2293 | 0 | 0 |
| ISHARES TR | S 100 ETF | 464287101 | BBG001SGB026 | 1132703 | 3296 | SH |  | SOLE |  | 3296 | 0 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 | BBG001S561Q8 | 5250481 | 42237 | SH |  | SOLE |  | 42237 | 0 | 0 |
| ISHARES TR | S 500 VAL ETF | 464287408 | BBG001S561K4 | 5923397 | 27279 | SH |  | SOLE |  | 27279 | 0 | 0 |
| ISHARES TR | SYSTEMATIC BD ET | 46435U796 | BBG00864VXV6 | 343988 | 3817 | SH |  | SOLE |  | 3817 | 0 | 0 |
| ISHARES TR | U.S. TECH ETF | 464287721 | BBG001SFB7Z7 | 370684 | 1842 | SH |  | SOLE |  | 1842 | 0 | 0 |
| ISHARES TR | US TREAS BD ETF | 46429B267 | BBG002NCKPP8 | 417177 | 18087 | SH |  | SOLE |  | 18087 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 282677 | 939 | SH |  | SOLE |  | 939 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 215155 | 320 | SH |  | SOLE |  | 320 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 334839 | 712 | SH |  | SOLE |  | 712 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 244835 | 1313 | SH |  | SOLE |  | 1313 | 0 | 0 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 | BBG001WBMLH8 | 26725350 | 1139188 | SH |  | SOLE |  | 1139188 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 | BBG001T66WQ7 | 482440 | 15618 | SH |  | SOLE |  | 15618 | 0 | 0 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 | BBG001T9F777 | 6060906 | 227768 | SH |  | SOLE |  | 227768 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET COM | 81369Y852 | BBG00L5F9FV7 | 24154274 | 205097 | SH |  | SOLE |  | 205097 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET CON | 81369Y308 | BBG001S7T107 | 372924 | 4505 | SH |  | SOLE |  | 4505 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 | BBG001S7SCQ6 | 4305537 | 27233 | SH |  | SOLE |  | 27233 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 | BBG001S7TCZ5 | 4457485 | 30514 | SH |  | SOLE |  | 30514 | 0 | 0 |
| SIMPLIFY EXCHANGE TRADED FUN | MANAGED FUTURES | 82889N699 | BBG015TRLF27 | 5622661 | 197148 | SH |  | SOLE |  | 197148 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 5162817 | 11110 | SH |  | SOLE |  | 11110 | 0 | 0 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 | BBG001SRXRD7 | 1318580 | 26595 | SH |  | SOLE |  | 26595 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 1261461 | 1821 | SH |  | SOLE |  | 1821 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R812 | BBG008HB6477 | 337680 | 1899 | SH |  | SOLE |  | 1899 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A854 | BBG001SPTB87 | 5433616 | 66662 | SH |  | SOLE |  | 66662 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R101 | BBG0029J2KF1 | 1260094 | 43036 | SH |  | SOLE |  | 43036 | 0 | 0 |
| TIDAL TRUST I | FUNDSTRAT GRANNY | 886364231 | BBG01QNBFYF4 | 9350472 | 364683 | SH |  | SOLE |  | 364683 | 0 | 0 |
| VANECK ETF TRUST | URANIUM AND NUCL | 92189F601 | BBG001SPSHC0 | 3257418 | 21934 | SH |  | SOLE |  | 21934 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 | BBG001SHTTS4 | 454653 | 934 | SH |  | SOLE |  | 934 | 0 | 0 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 | BBG001SRN7W1 | 260490 | 1406 | SH |  | SOLE |  | 1406 | 0 | 0 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 | BBG001SHVTR2 | 3888006 | 17327 | SH |  | SOLE |  | 17327 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 | BBG001SHVR78 | 1909244 | 9630 | SH |  | SOLE |  | 9630 | 0 | 0 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 | BBG009THVRX1 | 2549137 | 50438 | SH |  | SOLE |  | 50438 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 | BBG001T62M92 | 1871450 | 31269 | SH |  | SOLE |  | 31269 | 0 | 0 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 | BBG001TJR1D8 | 5972889 | 74792 | SH |  | SOLE |  | 74792 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | BBG001SSPWL4 | 260157 | 3937 | SH |  | SOLE |  | 3937 | 0 | 0 |
| VANGUARD WORLD FD | FINANCIALS ETF | 92204A405 | BBG001SHTTM0 | 18788544 | 143424 | SH |  | SOLE |  | 143424 | 0 | 0 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 | BBG001SHTTR5 | 5432512 | 7144 | SH |  | SOLE |  | 7144 | 0 | 0 |
| WISDOMTREE TR | INDIA ERNGS FD | 97717W422 | BBG001T21LV9 | 3117914 | 70557 | SH |  | SOLE |  | 70557 | 0 | 0 |
| WISDOMTREE TR | US MIDCAP FUND | 97717W570 | BBG001SSZB66 | 4931317 | 70629 | SH |  | SOLE |  | 70629 | 0 | 0 |
| WORLD GOLD TR | SPDR GLD MINIS | 98149E303 | BBG00L8YYQ05 | 1986491 | 19853 | SH |  | SOLE |  | 19853 | 0 | 0 |

---