ERn Financial, LLC
CIK 1768302 · View on SEC EDGAR ↗
- Portfolio value
- $604.3M
- Positions
- 161
- As of
- June 30, 2026
#3,361 of 9,443 by 13F value · top 35.6%
Portfolio value QoQ: +13.6% 13F does not disclose cash
- Top 10 holdings weight
- 38.51%
- Top 25 holdings weight
- 64.23%
- Positions above 1%
- 35
- Effective number of positions
- 39.4
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 0.8% Est. buys $30,673,678 · sells $4,524,535
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 68.8% still held
- New positions
- 16
- Increased
- 89
- Decreased
- 41
- Closed
- 5
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
3.3%
Communication Services
0.7%
Consumer Discretionary
0.4%
Financial Services
0.4%
Retail
0.4%
Healthcare
0.4%
Industrials
0.4%
Financials
0.3%
Energy
0.2%
Communications
0.2%
Consumer Staples
0.1%
Utilities
0.0%
Materials
0.0%
Other/Unmapped
93.2%
Full portfolio 161 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| SPYG | $44,455,055 | 7.36% | 373,603 | $7,917,833 | Up ×1 | ||
| SPYV | $43,316,959 | 7.17% | 712,567 | $3,795,610 | Up ×6 | ||
| SPDW | $32,895,478 | 5.44% | 652,818 | $2,958,770 | Down ×2 | ||
| IEFA | $20,882,930 | 3.46% | 216,224 | $1,921,487 | Up ×6 | ||
| USTB VictoryShares Short-Term Bond ETF | $17,699,941 | 2.93% | 349,663 | $799,696 | Up ×4 | ||
| AVEM | $16,554,829 | 2.74% | 171,570 | $2,636,790 | Down ×1 | ||
| MDYV | $16,228,617 | 2.69% | 171,098 | $1,801,441 | Up ×1 | ||
| SPEM | $13,973,973 | 2.31% | 269,872 | $1,492,205 | Up ×1 | ||
| JTEK JPMorgan U.S. Tech Leaders ETF | $13,422,112 | 2.22% | 120,322 | $3,957,886 | Up ×2 | ||
| PYLD | $13,262,679 | 2.19% | 500,101 | $1,058,483 | Up ×4 | ||
| QUAL | $12,426,150 | 2.06% | 56,629 | $1,497,735 | Down ×1 | ||
| REET | $12,135,552 | 2.01% | 439,376 | $1,239,678 | Up ×3 | ||
| JHML | $12,089,060 | 2.00% | 135,558 | $1,685,062 | Up ×6 | ||
| DFCF | $11,911,770 | 1.97% | 282,203 | $794,165 | Up ×4 | ||
| DFAX | $11,748,620 | 1.94% | 318,909 | $978,336 | Up ×1 | ||
| VUG | $11,420,936 | 1.89% | 132,586 | $1,737,610 | Up ×1 | ||
| MDYG | $10,250,055 | 1.70% | 91,445 | $1,512,321 | Up ×1 | ||
| SPAB | $10,144,544 | 1.68% | 397,513 | $962,461 | Up ×6 | ||
| SPIP | $9,551,518 | 1.58% | 371,944 | $534,597 | Up ×6 | ||
| SPYM | $9,505,881 | 1.57% | 108,169 | $1,676,845 | Up ×6 | ||
| FDG | $9,450,663 | 1.56% | 71,005 | $1,972,161 | Up ×5 | ||
| OMFL | $9,163,056 | 1.52% | 133,689 | $600,123 | Down ×6 | ||
| USRT | $8,804,726 | 1.46% | 132,502 | $1,083,966 | Up ×3 | ||
| RAAX | $8,679,122 | 1.44% | 218,783 | $131,976 | Up ×2 | ||
| HMOP | $8,170,692 | 1.35% | 208,729 | $84,601 | Up ×1 | ||
| FMB First Trust Managed Municipal ETF | $7,847,313 | 1.30% | 152,769 | $133,166 | Up ×1 | ||
| AVUV | $7,649,001 | 1.27% | 61,310 | $843,756 | Down ×2 | ||
| VONG Vanguard Russell 1000 Growth ETF | $7,429,656 | 1.23% | 58,130 | $971,284 | Down ×5 | ||
| VOO | $7,384,430 | 1.22% | 10,752 | $978,648 | Up ×1 | ||
| MUNI | $7,266,953 | 1.20% | 138,155 | $214,623 | Up ×6 | ||
| EFA | $7,049,759 | 1.17% | 67,864 | $312,568 | Down ×2 | ||
| PVAL | $6,749,347 | 1.12% | 132,470 | $650,995 | Up ×1 | ||
| AAPL Apple Inc. - Common Stock | $6,591,248 | 1.09% | 22,779 | $952,045 | Up ×2 | ||
| FIXD First Trust Smith Opportunistic Fixed Income ETF | $6,245,541 | 1.03% | 143,214 | $303,039 | Up ×5 | ||
| IJR | $6,177,491 | 1.02% | 41,653 | $1,031,918 | Up ×1 | ||
| JMST | $5,911,475 | 0.98% | 115,911 | $533,501 | Up ×6 | ||
| JBND JPMorgan Active Bond ETF | $5,863,814 | 0.97% | 109,604 | $344,108 | Up ×4 | ||
| SLYG | $5,799,801 | 0.96% | 48,685 | $1,040,657 | Down ×6 | ||
| DYNF | $5,175,085 | 0.86% | 76,093 | $702,788 | Down ×2 | ||
| IVV | $4,543,033 | 0.75% | 6,066 | $584,348 | Up ×1 | ||
| JHMM | $4,408,544 | 0.73% | 58,812 | $474,016 | Up ×3 | ||
| VTV | $4,383,263 | 0.73% | 20,113 | $440,429 | Up ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $3,575,917 | 0.59% | 17,872 | $1,020,892 | Up ×1 | ||
| FNOV | $3,352,257 | 0.55% | 57,313 | $313,170 | Up ×1 | ||
| DFAI | $3,148,049 | 0.52% | 76,316 | $-364,091 | Down ×6 | ||
| DFAU | $3,099,820 | 0.51% | 59,969 | $347,075 | Down ×6 | ||
| CGXU | $2,986,183 | 0.49% | 86,256 | $710,469 | Up ×6 | ||
| IVVB | $2,509,151 | 0.42% | 72,456 | $276,604 | Up ×4 | ||
| VOT | $2,481,214 | 0.41% | 8,101 | $348,002 | Down ×3 | ||
| FNDE | $2,425,678 | 0.40% | 61,131 | $97,978 | Up ×1 | ||
| IJH | $2,368,873 | 0.39% | 30,721 | $345,114 | Up ×1 | ||
| FSEP | $2,359,517 | 0.39% | 42,838 | $194,069 | Down ×6 | ||
| VO | $2,271,027 | 0.38% | 28,187 | $126,367 | Up ×1 | ||
| QQQ Invesco QQQ Trust, Series 1 | $2,106,749 | 0.35% | 2,861 | $412,797 | Down ×2 | ||
| SPHQ | $2,036,080 | 0.34% | 22,598 | $345,207 | Up ×1 | ||
| DFIS | $2,021,812 | 0.33% | 57,717 | $148,742 | Up ×4 | ||
| COWZ | $1,862,091 | 0.31% | 29,937 | $-177,876 | Down ×6 | ||
| FTCS First Trust Capital Strength ETF | $1,861,724 | 0.31% | 19,822 | $21,417 | Down ×2 | ||
| MSFT Microsoft Corporation - Common Stock | $1,781,336 | 0.29% | 4,775 | $33,817 | Up ×2 | ||
| FVD | $1,752,636 | 0.29% | 36,377 | $20,595 | Down ×2 | ||
| SLYV | $1,662,006 | 0.28% | 15,232 | $153,088 | Down ×6 | ||
| FICO Fair Isaac Corporation Common Stock | $1,629,680 | 0.27% | 1,364 | $173,555 | |||
| MTUM | $1,616,813 | 0.27% | 4,716 | $503,620 | Up ×3 | ||
| EMXC iShares MSCI Emerging Markets ex China ETF | $1,591,072 | 0.26% | 15,553 | $367,673 | |||
| SPY SPY | $1,527,967 | 0.25% | 2,046 | $181,047 | Down ×5 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $1,502,134 | 0.25% | 4,251 | $790,158 | Up ×1 | ||
| EEM | $1,488,191 | 0.25% | 21,754 | $145,505 | Down ×6 | ||
| TSLA Tesla, Inc. - Common Stock | $1,476,727 | 0.24% | 3,511 | $546,980 | Up ×1 | ||
| FDVV | $1,460,224 | 0.24% | 24,220 | $143,910 | Up ×3 | ||
| VEA | $1,459,875 | 0.24% | 20,489 | $-227,563 | Down ×5 | ||
| CACC Credit Acceptance Corporation - Common Stock | $1,337,154 | 0.22% | 2,100 | $447,888 | |||
| VIG | $1,319,630 | 0.22% | 5,577 | $109,487 | Down ×6 | ||
| IAU | $1,288,125 | 0.21% | 17,059 | $-76,415 | Up ×1 | ||
| DFAC | $1,237,378 | 0.20% | 27,894 | $153,417 | |||
| AMZN Amazon.com, Inc. - Common Stock | $1,177,161 | 0.19% | 4,939 | $230,574 | Up ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $1,141,589 | 0.19% | 3,194 | $291,442 | Up ×2 | ||
| ESGU iShares ESG Aware MSCI USA ETF | $1,130,960 | 0.19% | 6,910 | $164,779 | Up ×1 | ||
| VBK | $1,111,678 | 0.18% | 3,040 | $114,635 | Down ×2 | ||
| MU Micron Technology, Inc. - Common Stock | $1,067,718 | 0.18% | 925 | $767,378 | Up ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $1,044,984 | 0.17% | 1,855 | $214,970 | Up ×1 | ||
| ORCL Oracle Corporation Common Stock | $1,043,143 | 0.17% | 7,118 | $-2,809 | Up ×3 | ||
| JEPI | $1,041,825 | 0.17% | 18,446 | $19,649 | Up ×1 | ||
| ESGD iShares ESG Aware MSCI EAFE ETF | $1,023,165 | 0.17% | 9,952 | $72,893 | Up ×1 | ||
| FAUG | $1,001,156 | 0.17% | 17,718 | $34,419 | Down ×3 | ||
| JIVE JPMorgan International Value ETF | $989,152 | 0.16% | 10,757 | $120,938 | Up ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $978,522 | 0.16% | 2,590 | $352,831 | Up ×2 | ||
| IUSV iShares Core S&P U.S. Value ETF | $974,974 | 0.16% | 8,851 | $79,835 | Up ×5 | ||
| CGNG | $926,798 | 0.15% | 24,741 | $365,199 | Up ×2 | ||
| LLY Eli Lilly and Company Common Stock | $867,264 | 0.14% | 723 | $317,217 | Up ×1 | ||
| VTI | $862,933 | 0.14% | 2,332 | $110,634 | Down ×1 | ||
| XOM Exxon Mobil Corporation Common Stock | $842,541 | 0.14% | 6,163 | $-198,859 | Up ×1 | ||
| TAXF | $822,002 | 0.14% | 16,170 | $-17,236 | Down ×1 | ||
| ANET Arista Networks, Inc. Common Stock | $814,575 | 0.13% | 4,795 | $227,441 | Up ×2 | ||
| SPMD | $802,852 | 0.13% | 11,884 | $110,906 | Up ×1 | ||
| AVEE | $749,191 | 0.12% | 10,807 | $156,057 | Up ×1 | ||
| FEOE First Eagle Overseas Equity ETF | $735,532 | 0.12% | 13,774 | $287,245 | Up ×1 | ||
| DEM | $731,275 | 0.12% | 13,595 | $40,783 | Down ×2 | ||
| VBR | $697,138 | 0.12% | 2,869 | $73,848 | |||
| BRKB | $695,042 | 0.12% | 1,389 | $-54,427 | Down ×2 | ||
| OMFS | $680,816 | 0.11% | 12,764 | $109,919 | Up ×2 | ||
| 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 |
|---|---|---|---|
| SPYV | $43,316,959 | 7.17% | up ×6 |
| IEFA | $20,882,930 | 3.46% | up ×6 |
| USTB | $17,699,941 | 2.93% | up ×4 |
| PYLD | $13,262,679 | 2.19% | up ×4 |
| REET | $12,135,552 | 2.01% | up ×3 |
| JHML | $12,089,060 | 2.00% | up ×6 |
| DFCF | $11,911,770 | 1.97% | up ×4 |
| SPAB | $10,144,544 | 1.68% | up ×6 |
| SPIP | $9,551,518 | 1.58% | up ×6 |
| SPYM | $9,505,881 | 1.57% | up ×6 |
| FDG | $9,450,663 | 1.56% | up ×5 |
| USRT | $8,804,726 | 1.46% | up ×3 |
| MUNI | $7,266,953 | 1.20% | up ×6 |
| FIXD | $6,245,541 | 1.03% | up ×5 |
| JMST | $5,911,475 | 0.98% | up ×6 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| FJUN | $492,249 | 8,211 | 0.08% |
| AMD | $397,923 | 685 | 0.07% |
| CRWD | $301,440 | 395 | 0.05% |
| GEV | $271,575 | 231 | 0.04% |
| CAT | $235,268 | 221 | 0.04% |
| URI | $233,375 | 206 | 0.04% |
| LRCX | $231,832 | 535 | 0.04% |
| ADI | $225,593 | 568 | 0.04% |
| INMU | $223,100 | 9,200 | 0.04% |
| FMAR | $219,103 | 4,193 | 0.04% |
| IWP | $218,004 | 1,489 | 0.04% |
| INTC | $217,544 | 1,558 | 0.04% |
| JCI | $217,276 | 1,487 | 0.04% |
| LIN | $205,659 | 396 | 0.03% |
| MRK | $202,645 | 1,577 | 0.03% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| SPYG | Bought more | +431 | +$7.9M |
| JTEK | Bought more | +1K | +$4.0M |
| SPYV | Bought more | +14K | +$3.8M |
| SPDW | Trimmed | -3K | +$3.0M |
| AVEM | Trimmed | -1K | +$2.6M |
| FDG | Bought more | +5K | +$2.0M |
| IEFA | Bought more | +7K | +$1.9M |
| MDYV | Bought more | +2K | +$1.8M |
| VUG | Bought more | +110K | +$1.7M |
| JHML | Bought more | +3K | +$1.7M |
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 |
|---|---|---|---|---|
| RWL | June 30, 2025 | 385,849 | $38,330,256 | No longer tracked |
| VOOG | June 30, 2025 | 101,342 | $33,896,972 | No longer tracked |
| JCPB | June 30, 2025 | 209,933 | $9,875,234 | No longer tracked |
| SPGP | June 30, 2025 | 38,893 | $3,884,621 | No longer tracked |
| AXON | March 31, 2025 | 5,352 | $3,180,801 | 20.4% |
| PNW | June 30, 2025 | 32,273 | $3,074,003 | 11.6% |
| EEMA | June 30, 2025 | 34,818 | $2,578,938 | |
| SKYY | March 31, 2025 | 18,532 | $2,207,569 | |
| JMUB | June 30, 2025 | 38,507 | $1,925,370 | No longer tracked |
| SMH | March 31, 2025 | 7,215 | $1,747,300 | 164.7% |
| SMIN | June 30, 2025 | 22,740 | $1,548,367 | No longer tracked |
| HTAB | Sept. 30, 2025 | 80,111 | $1,498,877 | No longer tracked |
| UNH | June 30, 2025 | 2,632 | $1,378,732 | 25.8% |
| FBND | June 30, 2025 | 28,836 | $1,316,384 | No longer tracked |
| UNP | June 30, 2025 | 5,089 | $1,202,228 | 31.1% |
| BUG | March 31, 2025 | 37,454 | $1,201,894 | |
| RFDI | June 30, 2025 | 18,055 | $1,200,296 | |
| DE | Sept. 30, 2025 | 2,036 | $1,035,286 | 31.6% |
| HON | June 30, 2025 | 4,661 | $986,905 | 0.8% |
| ACN | June 30, 2025 | 3,074 | $959,330 | -38.1% |
| FISV | June 30, 2025 | 4,015 | $886,632 | -70.2% |
| PEP | June 30, 2025 | 5,841 | $875,794 | 7.7% |
| SPGI | June 30, 2025 | 1,671 | $848,953 | -18.5% |
| XLB | June 30, 2025 | 9,724 | $836,028 | No longer tracked |
| TMO | June 30, 2025 | 1,663 | $827,291 | 52.8% |
| XLU | June 30, 2025 | 10,274 | $810,088 | No longer tracked |
| AJG | June 30, 2025 | 2,319 | $800,470 | -18.6% |
| Z | June 30, 2025 | 11,598 | $795,159 | -48.6% |
| CPT | June 30, 2025 | 6,383 | $780,596 | -3.3% |
| BLK | June 30, 2025 | 744 | $704,030 | 9.8% |
| DIS | June 30, 2025 | 7,084 | $699,153 | -12.9% |
| XSMO | June 30, 2025 | 10,992 | $689,736 | No longer tracked |
| EXAS | March 31, 2026 | 6,479 | $658,007 | No longer tracked |
| HCA | June 30, 2025 | 1,760 | $608,247 | 7.1% |
| KLAC | June 30, 2025 | 875 | $594,699 | -79.2% |
| TXN | June 30, 2025 | 3,261 | $585,952 | 28.1% |
| WM | June 30, 2025 | 2,503 | $579,470 | -1.5% |
| ADBE | June 30, 2025 | 1,505 | $577,021 | -29.2% |
| TT | June 30, 2025 | 1,610 | $542,431 | 3.8% |
| NOC | June 30, 2025 | 1,027 | $526,088 | 15.7% |
| TCAF | June 30, 2025 | 16,178 | $522,226 | No longer tracked |
| XLE | June 30, 2025 | 5,525 | $516,320 | No longer tracked |
| JEPQ | June 30, 2025 | 9,865 | $510,810 | |
| CMG | June 30, 2025 | 9,163 | $460,074 | -38.9% |
| AMP | June 30, 2025 | 948 | $458,936 | 4.4% |
| IWR | March 31, 2026 | 4,416 | $425,128 | No longer tracked |
| XOP | June 30, 2025 | 3,095 | $407,654 | No longer tracked |
| IWF | March 31, 2025 | 982 | $394,352 | No longer tracked |
| VYM | March 31, 2025 | 3,088 | $393,998 | No longer tracked |
| FMAR | Sept. 30, 2025 | 7,717 | $346,011 | No longer tracked |
| WFC | June 30, 2025 | 4,814 | $345,570 | 6.4% |
| MRK | March 31, 2025 | 3,163 | $314,668 | 67.6% |
| IWD | March 31, 2025 | 1,679 | $310,833 | No longer tracked |
| LMBS | March 31, 2025 | 5,815 | $283,016 | |
| CRWD | March 31, 2025 | 822 | $281,208 | -43.9% |
| MCK | June 30, 2025 | 400 | $269,196 | 16.0% |
| VZ | June 30, 2026 | 5,320 | $267,046 | 16.7% |
| NOW | March 31, 2025 | 251 | $266,090 | -18.6% |
| UBER | Sept. 30, 2025 | 2,845 | $265,439 | -18.7% |
| SDVY | Sept. 30, 2025 | 7,269 | $256,451 | |
| CRM | March 31, 2026 | 948 | $251,050 | 10.2% |
| PG | Sept. 30, 2025 | 1,470 | $234,200 | -6.1% |
| AEP | March 31, 2025 | 2,535 | $233,848 | 16.3% |
| CAT | March 31, 2025 | 645 | $233,809 | 145.2% |
| SGOL | June 30, 2025 | 7,744 | $230,926 | No longer tracked |
| NOW | Dec. 31, 2025 | 245 | $225,920 | -15.4% |
| LOW | March 31, 2025 | 911 | $224,739 | -6.2% |
| AXP | Sept. 30, 2025 | 692 | $220,734 | 0.7% |
| CRM | Sept. 30, 2025 | 803 | $219,097 | -13.2% |
| NEE | March 31, 2025 | 3,028 | $217,082 | 20.9% |
| PLTR | June 30, 2026 | 1,461 | $213,715 | 49.7% |
| FIS | June 30, 2026 | 4,547 | $213,277 | 4.6% |
| AON | June 30, 2025 | 523 | $208,724 | -1.7% |
| EFAV | June 30, 2025 | 2,677 | $208,592 | No longer tracked |
| BKNG | Sept. 30, 2025 | 36 | $208,245 | -96.1% |
| T | Sept. 30, 2025 | 7,154 | $207,041 | -10.6% |
| LGLV | June 30, 2025 | 1,188 | $206,789 | No longer tracked |
| JNJ | Sept. 30, 2025 | 1,346 | $205,560 | 46.7% |
| WFC | Dec. 31, 2025 | 2,441 | $204,631 | -8.6% |
| IWP | March 31, 2026 | 1,489 | $203,904 | No longer tracked |
| CLX | June 30, 2025 | 1,377 | $202,763 | -9.8% |
| RTX | June 30, 2026 | 1,042 | $200,989 | 14.5% |
| LDI | June 30, 2025 | 90,982 | $108,269 | -30.6% |
| MFG | Sept. 30, 2025 | 11,265 | $62,633 | 51.9% |
| LND | June 30, 2026 | 13,000 | $54,990 | 1.4% |
| FBLG | June 30, 2025 | 31,819 | $28,637 | 101.4% |