DAHRING | CUSMANO LLC
CIK 2053669 · View on SEC EDGAR ↗
- Portfolio value
- $189.6M
- Positions
- 62
- As of
- June 30, 2026
#6,623 of 9,443 by 13F value · top 70.1%
Portfolio value QoQ: +16.6% 13F does not disclose cash
- Top 10 holdings weight
- 65.37%
- Top 25 holdings weight
- 90.21%
- Positions above 1%
- 23
- Effective number of positions
- 19.0
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.32% Est. buys $13,157,131 · sells $2,319,154
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 72.9% still held
- New positions
- 5
- Increased
- 39
- Decreased
- 17
- 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
Technology
0.9%
Retail
0.5%
Healthcare
0.4%
Utilities
0.4%
Consumer Discretionary
0.1%
Energy
0.1%
Communication Services
0.1%
Other/Unmapped
97.5%
Full portfolio 62 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| PYLD | $20,024,291 | 10.56% | 755,064 | $1,192,999 | Up ×6 | ||
| FFLC | $17,969,199 | 9.48% | 305,028 | $2,758,887 | Up ×1 | ||
| SCHG | $15,842,083 | 8.35% | 468,147 | $2,399,221 | Up ×1 | ||
| FESM | $15,404,831 | 8.12% | 319,007 | $3,749,843 | Up ×6 | ||
| VGMS | $11,484,708 | 6.06% | 223,917 | $1,710,054 | Up ×3 | ||
| SCYB | $10,028,851 | 5.29% | 383,073 | $1,023,023 | Up ×3 | ||
| FENI | $9,444,038 | 4.98% | 235,336 | $1,117,690 | Up ×2 | ||
| CGDV | $8,801,950 | 4.64% | 178,611 | $1,969,175 | Up ×1 | ||
| FBCG | $8,720,195 | 4.60% | 140,399 | $1,868,685 | Up ×6 | ||
| MFEM | $6,242,021 | 3.29% | 221,077 | $1,149,761 | Up ×1 | ||
| FTEC | $4,689,978 | 2.47% | 16,423 | $1,334,993 | Up ×6 | ||
| FDVV | $4,530,251 | 2.39% | 75,141 | $897,724 | Up ×3 | ||
| TSPA | $3,825,183 | 2.02% | 80,479 | $519,579 | Down ×1 | ||
| XMHQ | $3,744,166 | 1.97% | 33,169 | $-12,401 | Down ×2 | ||
| CGBL | $3,606,056 | 1.90% | 94,996 | $604,546 | Up ×4 | ||
| VV | $3,594,499 | 1.90% | 10,452 | $448,406 | Down ×2 | ||
| IAU | $3,442,954 | 1.82% | 45,596 | $-669,357 | Down ×4 | ||
| FBND | $2,892,394 | 1.53% | 63,583 | $-825,496 | Down ×6 | ||
| FNDF | $2,869,112 | 1.51% | 54,380 | $452,905 | Up ×1 | ||
| VPLS Vanguard Core Plus Bond ETF | $2,729,737 | 1.44% | 35,188 | $885,837 | Up ×1 | ||
| TBUX | $2,702,959 | 1.43% | 54,309 | $142,301 | Up ×2 | ||
| FFSM | $2,585,747 | 1.36% | 67,672 | $799,486 | Up ×1 | ||
| VHT | $2,195,588 | 1.16% | 7,343 | $303,312 | Up ×6 | ||
| JAAA | $1,872,068 | 0.99% | 37,078 | $216,960 | Up ×1 | ||
| TMSL | $1,825,598 | 0.96% | 41,633 | $254,219 | Down ×3 | ||
| TFNS T. Rowe Price Financials ETF | $1,067,947 | 0.56% | 38,824 | $203,617 | Up ×1 | ||
| VBK | $1,044,974 | 0.55% | 2,857 | $180,411 | Down ×1 | ||
| SPYG | $997,202 | 0.53% | 8,381 | $117,891 | Down ×1 | ||
| MINO | $973,436 | 0.51% | 21,273 | $179,542 | Up ×6 | ||
| VDE | $853,186 | 0.45% | 5,683 | $-19,086 | Up ×1 | ||
| TCAF | $807,239 | 0.43% | 19,641 | $82,692 | Down ×5 | ||
| AAPL Apple Inc. - Common Stock | $724,747 | 0.38% | 2,505 | $183,839 | Up ×2 | ||
| TFLR | $720,254 | 0.38% | 14,288 | $83,444 | Up ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $688,979 | 0.36% | 1,847 | $-33,977 | Down ×1 | ||
| LLY Eli Lilly and Company Common Stock | $684,447 | 0.36% | 571 | $391,708 | Up ×1 | ||
| VIG | $672,731 | 0.35% | 2,843 | $63,862 | Up ×1 | ||
| FNDX | $619,048 | 0.33% | 19,905 | $55,861 | Down ×4 | ||
| FDEM | $554,955 | 0.29% | 15,275 | $58,747 | Down ×2 | ||
| VB | $535,286 | 0.28% | 1,766 | $74,085 | Up ×3 | ||
| DBMF | $510,514 | 0.27% | 16,678 | $106,353 | Up ×1 | ||
| CMDT | $495,290 | 0.26% | 16,149 | $81,782 | Up ×1 | ||
| VYM | $494,848 | 0.26% | 3,131 | $29,672 | Down ×1 | ||
| MGK | $448,278 | 0.24% | 5,099 | $46,015 | Up ×1 | ||
| IWF | $448,071 | 0.24% | 3,609 | $63,715 | Up ×1 | ||
| FLSP | $422,716 | 0.22% | 15,266 | $96,887 | Up ×1 | ||
| DTE DTE Energy Company Common Stock | $410,144 | 0.22% | 2,692 | $112,216 | Up ×6 | ||
| GLD | $384,220 | 0.20% | 1,043 | $-64,572 | |||
| AMZN Amazon.com, Inc. - Common Stock | $363,469 | 0.19% | 1,525 | $31,278 | Down ×3 | ||
| WEC WEC Energy Group, Inc. Common Stock | $356,878 | 0.19% | 3,056 | $6,087 | Up ×6 | ||
| NVDA NVIDIA Corporation - Common Stock | $341,035 | 0.18% | 1,704 | $84,437 | Up ×1 | ||
| WMT Walmart Inc. - Common Stock | $317,958 | 0.17% | 2,807 | $-29,535 | Up ×1 | ||
| QQQ Invesco QQQ Trust, Series 1 | $304,089 | 0.16% | 413 | $56,495 | Down ×4 | ||
| ISCG | $284,637 | 0.15% | 4,343 | Up ×1 | |||
| IMCG | $266,140 | 0.14% | 2,707 | $53,104 | Up ×2 | ||
| SCHF | $259,015 | 0.14% | 9,351 | $28,296 | Up ×3 | ||
| HYDB | $247,774 | 0.13% | 5,298 | $-538,055 | Down ×5 | ||
| F Ford Motor Company Common Stock | $221,090 | 0.12% | 15,906 | $71,167 | Up ×1 | ||
| XOM Exxon Mobil Corporation Common Stock | $217,400 | 0.11% | 1,590 | $-60,816 | Down ×1 | ||
| HD Home Depot, Inc. (The) Common Stock | $210,039 | 0.11% | 596 | ||||
| GOOGL Alphabet Inc. - Class A Common Stock | $210,037 | 0.11% | 588 | Up ×1 | |||
| IWR | $206,423 | 0.11% | 1,871 | Up ×1 | |||
| IWD | $200,824 | 0.11% | 828 | 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 |
|---|---|---|---|
| PYLD | $20,024,291 | 10.56% | up ×6 |
| FESM | $15,404,831 | 8.12% | up ×6 |
| VGMS | $11,484,708 | 6.06% | up ×3 |
| SCYB | $10,028,851 | 5.29% | up ×3 |
| FBCG | $8,720,195 | 4.60% | up ×6 |
| FTEC | $4,689,978 | 2.47% | up ×6 |
| FDVV | $4,530,251 | 2.39% | up ×3 |
| CGBL | $3,606,056 | 1.90% | up ×4 |
| VHT | $2,195,588 | 1.16% | up ×6 |
| MINO | $973,436 | 0.51% | up ×6 |
| VB | $535,286 | 0.28% | up ×3 |
| DTE | $410,144 | 0.22% | up ×6 |
| WEC | $356,878 | 0.19% | up ×6 |
| SCHF | $259,015 | 0.14% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| FESM | Bought more | +12K | +$3.7M |
| FFLC | Bought more | +8K | +$2.8M |
| SCHG | Bought more | +7K | +$2.4M |
| CGDV | Bought more | +18K | +$2.0M |
| FBCG | Bought more | +4K | +$1.9M |
| VGMS | Bought more | +32K | +$1.7M |
| FTEC | Bought more | +297 | +$1.3M |
| PYLD | Bought more | +36K | +$1.2M |
| MFEM | Bought more | +18K | +$1.1M |
| FENI | Bought more | +12K | +$1.1M |
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 |
|---|---|---|---|---|
| BINC | March 31, 2025 | 35,638 | $1,853,889 | No longer tracked |
| AMGN | Sept. 30, 2025 | 3,300 | $921,393 | 54.6% |
| VTEB | March 31, 2025 | 14,784 | $741,100 | No longer tracked |
| IBM | Sept. 30, 2025 | 1,555 | $458,492 | -16.3% |
| TVAL | March 31, 2026 | 12,433 | $437,890 | No longer tracked |
| AZO | Dec. 31, 2025 | 102 | $437,604 | -11.4% |
| ELV | Sept. 30, 2025 | 1,025 | $398,652 | 22.2% |
| PG | Dec. 31, 2025 | 1,986 | $305,083 | 0.7% |
| PII | Sept. 30, 2025 | 7,236 | $294,149 | 9.5% |
| TSCO | Dec. 31, 2025 | 5,000 | $284,350 | -30.2% |
| CAT | March 31, 2025 | 733 | $265,903 | 145.2% |
| JPM | Sept. 30, 2025 | 888 | $257,322 | 12.6% |
| JNJ | Dec. 31, 2025 | 1,311 | $243,015 | 31.4% |
| MCD | March 31, 2025 | 827 | $239,651 | -13.3% |
| ACN | Sept. 30, 2025 | 800 | $239,180 | -25.0% |
| VXF | March 31, 2025 | 1,234 | $234,492 | No longer tracked |
| PM | Sept. 30, 2025 | 1,281 | $233,327 | 17.8% |
| PLTR | June 30, 2026 | 1,538 | $224,979 | 49.7% |
| SCHF | March 31, 2025 | 12,030 | $222,555 | No longer tracked |
| TSLA | March 31, 2026 | 477 | $214,516 | -7.1% |
| DFAT | March 31, 2025 | 3,849 | $214,213 | No longer tracked |
| HYG | Sept. 30, 2025 | 2,647 | $213,506 | No longer tracked |
| PEP | June 30, 2025 | 1,417 | $212,519 | 7.7% |
| HD | March 31, 2026 | 609 | $209,492 | 2.7% |
| DUOL | Sept. 30, 2025 | 500 | $205,010 | -54.2% |