FINANCIAL MANAGEMENT NETWORK INC
CIK 1844831 · View on SEC EDGAR ↗
- Portfolio value
- $696.8M
- Positions
- 211
- As of
- June 30, 2026
#3,092 of 9,443 by 13F value · top 32.7%
Portfolio value QoQ: +6.7% 13F does not disclose cash
- Top 10 holdings weight
- 41.64%
- Top 25 holdings weight
- 64.26%
- Positions above 1%
- 28
- Effective number of positions
- 37.2
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 8.53% Est. buys $63,897,992 · sells $57,565,835
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 87.6% still held
- New positions
- 24
- Increased
- 96
- Decreased
- 81
- Closed
- 4
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
6.8%
Financial Services
2.4%
Communication Services
2.2%
Retail
1.8%
Industrials
1.5%
Consumer Discretionary
1.1%
Healthcare
0.8%
Real Estate
0.7%
Financials
0.7%
Energy
0.6%
Communications
0.2%
N/A
0.2%
Telecommunication
0.1%
Consumer Staples
0.1%
Diversified Consumer Services
0.0%
Other/Unmapped
80.8%
Full portfolio 211 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| IVV | $68,764,714 | 9.87% | 92,089 | $7,060,002 | Up ×1 | ||
| AVUV | $35,455,186 | 5.09% | 282,850 | $2,410,387 | Down ×1 | ||
| AVLV | $29,717,606 | 4.26% | 324,251 | $19,265,198 | Up ×3 | ||
| IJH | $29,065,715 | 4.17% | 384,773 | $1,421,578 | Down ×2 | ||
| IJR | $26,979,274 | 3.87% | 184,764 | $2,323,788 | Down ×2 | ||
| AVDV | $25,223,831 | 3.62% | 245,942 | $731,565 | Up ×1 | ||
| AAPL Apple Inc. - Common Stock | $21,568,070 | 3.10% | 64,625 | $4,616,078 | Down ×3 | ||
| VCIT Vanguard Intermediate-Term Corporate Bond ETF | $18,994,121 | 2.73% | 231,805 | $-234,581 | Up ×2 | ||
| BINC | $18,397,525 | 2.64% | 352,849 | $1,246,644 | Up ×6 | ||
| CGXU | $15,979,487 | 2.29% | 482,181 | $2,035,005 | Up ×3 | ||
| AVMV | $15,275,692 | 2.19% | 188,845 | $4,026,790 | Up ×6 | ||
| MOAT | $15,048,502 | 2.16% | 141,620 | $-31,545,642 | Down ×5 | ||
| AVIV | $11,991,822 | 1.72% | 152,645 | $821,192 | Up ×6 | ||
| SMOT | $11,816,046 | 1.70% | 301,222 | $-5,389,139 | Down ×2 | ||
| TXUE Thornburg International Equity ETF | $11,594,970 | 1.66% | 334,638 | $1,584,816 | Up ×5 | ||
| CLOI | $10,952,375 | 1.57% | 207,039 | $4,145,268 | Up ×4 | ||
| NVDA NVIDIA Corporation - Common Stock | $10,866,798 | 1.56% | 53,581 | $-329,540 | Down ×3 | ||
| FFLG | $10,315,197 | 1.48% | 321,546 | $1,757,113 | Up ×6 | ||
| AMLP | $10,093,166 | 1.45% | 186,807 | $502,554 | Up ×1 | ||
| GCOW | $9,447,824 | 1.36% | 209,579 | $-876,630 | Down ×6 | ||
| IVW | $8,762,540 | 1.26% | 65,265 | $975,757 | Up ×1 | ||
| CGCV | $8,130,929 | 1.17% | 247,291 | $1,619,974 | Up ×6 | ||
| FBND | $7,924,607 | 1.14% | 174,975 | $671,626 | Up ×6 | ||
| VHT | $7,890,875 | 1.13% | 26,021 | $429,689 | Down ×2 | ||
| CGGR | $7,537,920 | 1.08% | 166,253 | $1,906,272 | Up ×6 | ||
| CGGO | $7,424,933 | 1.07% | 189,799 | $590,633 | Down ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $7,387,752 | 1.06% | 29,882 | $378,696 | Down ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $7,082,924 | 1.02% | 20,425 | $566,423 | Down ×2 | ||
| MSFT Microsoft Corporation - Common Stock | $6,840,782 | 0.98% | 17,370 | $275,143 | Down ×1 | ||
| GOVT | $6,607,939 | 0.95% | 291,999 | $-156,546 | Down ×1 | ||
| TSLA Tesla, Inc. - Common Stock | $6,131,479 | 0.88% | 16,100 | $605,748 | Up ×1 | ||
| V Visa Inc. | $6,074,336 | 0.87% | 16,941 | $719,958 | Down ×6 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $5,728,023 | 0.82% | 16,549 | $111,005 | Down ×1 | ||
| NEAR | $5,300,910 | 0.76% | 104,865 | $-473,586 | Down ×3 | ||
| IEI iShares 3-7 Year Treasury Bond ETF | $5,070,974 | 0.73% | 43,349 | $-556,467 | Down ×3 | ||
| ARCC Ares Capital Corporation - Closed End Fund | $4,738,887 | 0.68% | 247,203 | $911,895 | Up ×2 | ||
| IAU | $4,713,748 | 0.68% | 62,434 | $-1,098,291 | Down ×3 | ||
| CGSD | $4,475,915 | 0.64% | 173,754 | $-2,823,109 | Down ×1 | ||
| SHV iShares 0-1 Year Treasury Bond ETF | $4,412,661 | 0.63% | 40,024 | $-582,081 | Down ×3 | ||
| VIG | $4,128,035 | 0.59% | 17,373 | $248,919 | Down ×2 | ||
| STXK Strive Small-Cap ETF | $4,109,377 | 0.59% | 107,108 | $191,321 | Down ×3 | ||
| COST Costco Wholesale Corporation - Common Stock | $3,790,105 | 0.54% | 4,028 | Up ×1 | |||
| STRV Strive 500 ETF | $3,628,929 | 0.52% | 75,618 | $547,021 | Up ×6 | ||
| QQQ Invesco QQQ Trust, Series 1 | $3,588,508 | 0.51% | 5,161 | $380,602 | Down ×3 | ||
| CAT Caterpillar, Inc. Common Stock | $3,497,698 | 0.50% | 3,973 | $371,656 | Up ×6 | ||
| JEPI | $3,408,866 | 0.49% | 60,281 | $-156,883 | Down ×1 | ||
| SPG Simon Property Group, Inc. Common Stock | $3,223,492 | 0.46% | 14,095 | $422,753 | Up ×1 | ||
| WINN Harbor Long-Term Growers ETF | $3,217,665 | 0.46% | 99,249 | $-562,456 | Down ×2 | ||
| JPM JP Morgan Chase & Co. Common Stock | $3,068,261 | 0.44% | 8,995 | $306,975 | Up ×1 | ||
| CSNR | $3,009,552 | 0.43% | 87,580 | $763,601 | Up ×2 | ||
| VCSH Vanguard Short-Term Corporate Bond ETF | $2,967,172 | 0.43% | 37,693 | $1,936,605 | Up ×1 | ||
| BRKA | $2,944,000 | 0.42% | 4 | $32,478 | |||
| SHY iShares 1-3 Year Treasury Bond ETF | $2,850,169 | 0.41% | 34,762 | $-260,687 | Down ×3 | ||
| PTNQ Pacer Trendpilot 100 ETF | $2,844,071 | 0.41% | 33,867 | $350,677 | Up ×1 | ||
| CGCP | $2,815,650 | 0.40% | 126,831 | $10,742 | Up ×6 | ||
| GLD | $2,578,010 | 0.37% | 6,998 | $-488,527 | Down ×1 | ||
| VTEC | $2,494,935 | 0.36% | 25,044 | $199,548 | Up ×3 | ||
| BIZD | $2,347,115 | 0.34% | 184,522 | $247,186 | Up ×2 | ||
| VNQ | $2,178,606 | 0.31% | 21,782 | $231,791 | Up ×2 | ||
| CALI iShares Short-Term California Muni Active ETF | $2,168,777 | 0.31% | 43,010 | $617,531 | Up ×1 | ||
| IGF iShares Global Infrastructure ETF | $2,148,496 | 0.31% | 32,096 | $434,944 | Up ×3 | ||
| GPIX Goldman Sachs S&P 500 Premium Income ETF | $2,096,546 | 0.30% | 38,098 | $169,330 | Up ×6 | ||
| CVX Chevron Corporation Common Stock | $2,077,906 | 0.30% | 11,089 | $-317,988 | Down ×1 | ||
| PANW Palo Alto Networks, Inc. - Common Stock | $2,016,140 | 0.29% | 5,621 | $1,084,002 | Up ×2 | ||
| GPZ | $2,013,570 | 0.29% | 87,661 | $99,660 | Down ×1 | ||
| COWZ | $1,914,050 | 0.27% | 29,492 | $66,484 | Down ×1 | ||
| VTI | $1,905,770 | 0.27% | 5,193 | $453,888 | Up ×3 | ||
| AVGO Broadcom Inc. - Common Stock | $1,897,072 | 0.27% | 5,116 | $111,181 | Up ×2 | ||
| IWF | $1,683,549 | 0.24% | 14,102 | $121,036 | Up ×1 | ||
| VTEI | $1,667,145 | 0.24% | 16,641 | $29,524 | Up ×6 | ||
| LLY Eli Lilly and Company Common Stock | $1,541,916 | 0.22% | 1,308 | $301,385 | Up ×3 | ||
| AXP American Express Company Common Stock | $1,533,642 | 0.22% | 4,316 | $345,492 | Up ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $1,516,081 | 0.22% | 2,347 | $132,531 | Up ×1 | ||
| HD Home Depot, Inc. (The) Common Stock | $1,420,598 | 0.20% | 4,192 | $-223,331 | Down ×3 | ||
| GCAL | $1,412,020 | 0.20% | 27,783 | $-108,990 | Down ×1 | ||
| SPYM | $1,354,745 | 0.19% | 15,486 | $204,355 | Up ×1 | ||
| DON | $1,342,201 | 0.19% | 23,408 | $12,696 | Down ×4 | ||
| KKR KKR & Co. Inc. Common Stock | $1,339,032 | 0.19% | 13,264 | $61,580 | Down ×4 | ||
| STXE Strive Emerging Markets Ex-China ETF | $1,321,477 | 0.19% | 28,177 | $242,129 | Up ×2 | ||
| AVDE | $1,318,989 | 0.19% | 14,765 | $528,962 | Up ×1 | ||
| EFA | $1,224,060 | 0.18% | 11,846 | $23,188 | Up ×4 | ||
| ROK Rockwell Automation, Inc. Common Stock | $1,219,897 | 0.18% | 2,641 | $177,357 | Up ×2 | ||
| VOO | $1,210,629 | 0.17% | 1,772 | $159,762 | Up ×5 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $1,197,355 | 0.17% | 10,696 | Up ×1 | |||
| SDY | $1,153,215 | 0.17% | 7,449 | $42,106 | Down ×2 | ||
| DRLL Strive U.S. Energy ETF | $1,141,282 | 0.16% | 30,844 | $-24,015 | Down ×5 | ||
| FYEE | $1,126,588 | 0.16% | 38,595 | Up ×1 | |||
| MA Mastercard Incorporated Common Stock | $1,122,708 | 0.16% | 2,065 | $60,112 | Down ×3 | ||
| IJT iShares S&P SmallCap 600 Growth ETF | $1,079,497 | 0.15% | 6,244 | $122,260 | Up ×1 | ||
| VDE | $1,067,414 | 0.15% | 6,557 | $-99,873 | Down ×6 | ||
| TBLD Thornburg Income Builder Opportunities Trust - Closed End Fund | $1,066,715 | 0.15% | 48,377 | $101,130 | Up ×2 | ||
| CSSD | $1,065,071 | 0.15% | 42,257 | $550,995 | Up ×1 | ||
| URI United Rentals, Inc. Common Stock | $1,024,674 | 0.15% | 980 | $264,717 | Down ×1 | ||
| Unknown issuer (CUSIP: 84615Q103) | $975,677 | 0.14% | 7,869 | Up ×1 | |||
| SPMD | $974,922 | 0.14% | 14,731 | $41,510 | Down ×3 | ||
| GS Goldman Sachs Group, Inc. (The) Common Stock | $938,984 | 0.13% | 881 | $142,998 | |||
| SPY SPY | $928,330 | 0.13% | 1,249 | $86,283 | Up ×1 | ||
| CSIO | $923,210 | 0.13% | 32,077 | Up ×1 | |||
| BAC Bank of America Corporation Common Stock | $907,751 | 0.13% | 14,816 | $182,695 | Up ×2 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $904,762 | 0.13% | 1,825 | $435,978 | Down ×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 |
|---|---|---|---|
| AVLV | $29,717,606 | 4.26% | up ×3 |
| BINC | $18,397,525 | 2.64% | up ×6 |
| CGXU | $15,979,487 | 2.29% | up ×3 |
| AVMV | $15,275,692 | 2.19% | up ×6 |
| AVIV | $11,991,822 | 1.72% | up ×6 |
| TXUE | $11,594,970 | 1.66% | up ×5 |
| CLOI | $10,952,375 | 1.57% | up ×4 |
| FFLG | $10,315,197 | 1.48% | up ×6 |
| CGCV | $8,130,929 | 1.17% | up ×6 |
| FBND | $7,924,607 | 1.14% | up ×6 |
| CGGR | $7,537,920 | 1.08% | up ×6 |
| STRV | $3,628,929 | 0.52% | up ×6 |
| CAT | $3,497,698 | 0.50% | up ×6 |
| CGCP | $2,815,650 | 0.40% | up ×6 |
| VTEC | $2,494,935 | 0.36% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| COST | $3,790,105 | 4,028 | 0.54% |
| CSCO | $1,197,355 | 10,696 | 0.17% |
| FYEE | $1,126,588 | 38,595 | 0.16% |
| Unknown issuer (CUSIP: 84615Q103) | $975,677 | 7,869 | 0.14% |
| CSIO | $923,210 | 32,077 | 0.13% |
| SPDW | $675,981 | 13,689 | 0.10% |
| GOVI | $599,090 | 22,300 | 0.09% |
| UJUN | $505,505 | 13,130 | 0.07% |
| Unknown issuer (CUSIP: 43849R105) | $496,261 | 2,345 | 0.07% |
| RONB | $386,378 | 17,180 | 0.06% |
| VO | $306,196 | 3,816 | 0.04% |
| SPYV | $252,370 | 4,076 | 0.04% |
| MRVL | $246,319 | 1,305 | 0.04% |
| RMOP | $245,697 | 9,673 | 0.04% |
| IXN | $229,433 | 1,730 | 0.03% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| MOAT | Trimmed | -330K | -$31.5M |
| AVLV | Bought more | +200K | +$19.3M |
| IVV | Bought more | +2K | +$7.1M |
| SMOT | Trimmed | -175K | -$5.4M |
| AAPL | Trimmed | -452 | +$4.6M |
| CLOI | Bought more | +77K | +$4.1M |
| AVMV | Bought more | +41K | +$4.0M |
| CGSD | Trimmed | -108K | -$2.8M |
| AVUV | Trimmed | -3K | +$2.4M |
| IJR | Trimmed | -4K | +$2.3M |
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 |
|---|---|---|---|---|
| AMLP | Sept. 30, 2025 | 172,486 | $8,469,055 | No longer tracked |
| APO | June 30, 2025 | 14,037 | $1,577,204 | -6.4% |
| XOM | June 30, 2026 | 4,875 | $755,865 | 22.5% |
| UWM | March 31, 2025 | 10,765 | $465,271 | No longer tracked |
| SMIG | Dec. 31, 2025 | 14,884 | $439,964 | No longer tracked |
| SPDW | Dec. 31, 2025 | 9,398 | $410,594 | No longer tracked |
| OSEA | March 31, 2026 | 12,666 | $384,145 | No longer tracked |
| MRK | March 31, 2025 | 3,515 | $348,428 | 67.6% |
| ARES | March 31, 2026 | 2,071 | $344,766 | 31.6% |
| RKLBXXXX | June 30, 2025 | 16,480 | $288,730 | No longer tracked |
| UWM | Sept. 30, 2025 | 7,036 | $282,996 | No longer tracked |
| BMNR | Dec. 31, 2025 | 4,410 | $278,800 | -21.0% |
| SPYV | Dec. 31, 2025 | 4,901 | $273,550 | No longer tracked |
| IBIT | Dec. 31, 2025 | 3,661 | $260,993 | |
| PLTR | March 31, 2026 | 1,552 | $260,473 | 19.4% |
| KHC | June 30, 2025 | 8,944 | $255,174 | -0.5% |
| OSCR | Dec. 31, 2025 | 11,215 | $250,207 | 128.7% |
| NVO | March 31, 2025 | 2,826 | $247,699 | -33.0% |
| OXY | March 31, 2025 | 4,854 | $245,196 | 25.3% |
| CRM | March 31, 2025 | 723 | $240,799 | -23.4% |
| EOSE | March 31, 2026 | 18,075 | $234,433 | -27.2% |
| LMT | March 31, 2025 | 477 | $229,672 | 30.6% |
| DE | Sept. 30, 2025 | 437 | $227,664 | 31.6% |
| HUBB | June 30, 2026 | 421 | $225,023 | -10.2% |
| WFC | March 31, 2025 | 3,136 | $223,613 | 18.7% |
| CRM | June 30, 2026 | 1,304 | $222,801 | 31.3% |
| VRT | Dec. 31, 2025 | 1,360 | $221,442 | 58.9% |
| ESGE | Sept. 30, 2025 | 5,589 | $221,333 | |
| SCHM | March 31, 2025 | 7,851 | $220,154 | No longer tracked |
| SPXL | Sept. 30, 2025 | 1,225 | $219,812 | No longer tracked |
| OXY | Dec. 31, 2025 | 4,804 | $218,123 | 50.4% |
| UBER | March 31, 2025 | 3,360 | $217,022 | 9.4% |
| AXON | Dec. 31, 2025 | 300 | $216,477 | 11.5% |
| PSX | March 31, 2025 | 1,857 | $215,615 | 97.6% |
| DURA | Sept. 30, 2025 | 6,450 | $214,596 | No longer tracked |
| PM | March 31, 2026 | 1,331 | $213,376 | 15.5% |
| KEYS | March 31, 2025 | 1,299 | $212,776 | 112.0% |
| GPIQ | March 31, 2026 | 4,041 | $211,386 | |
| DIA | March 31, 2025 | 495 | $211,324 | No longer tracked |
| VGIT | June 30, 2026 | 3,535 | $210,333 | |
| IDXX | March 31, 2026 | 312 | $209,037 | 0.1% |
| AGG | Dec. 31, 2025 | 2,091 | $209,032 | No longer tracked |
| JEPQ | Dec. 31, 2025 | 3,631 | $208,629 | |
| PM | Sept. 30, 2025 | 1,164 | $208,178 | 17.8% |
| REET | March 31, 2026 | 8,303 | $207,737 | No longer tracked |
| GWX | Dec. 31, 2025 | 5,087 | $207,233 | No longer tracked |
| SNOW | Dec. 31, 2025 | 841 | $203,953 | 46.3% |
| RCL | March 31, 2026 | 718 | $203,700 | 7.1% |
| PSX | Dec. 31, 2025 | 1,528 | $203,146 | 89.1% |
| F | March 31, 2026 | 11,757 | $156,839 | 21.2% |
| F | Sept. 30, 2025 | 10,738 | $126,812 | 16.9% |
| MOBX | Sept. 30, 2025 | 52,200 | $39,359 | 42.7% |
| OPEN | Sept. 30, 2025 | 37,590 | $22,930 | -56.0% |
| MOBX | March 31, 2026 | 52,200 | $14,094 | -65.6% |
| EYENXXXX | March 31, 2025 | 80,000 | $8,808 | No longer tracked |