13F HOLDINGS REPORT

Wharton Business Group, LLC

Quarter ended Q4 2025 · Filed February 11, 2026 · Accession 0001513126-26-000001

Total Value

$2.63B

Positions

141

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (141)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES TR	46432F339	1,202,274	$238.8M	9.08%
2	ISHARES TR	46432F388	1,196,152	$163.6M	6.22%
3	INVESCO EXCH TRADED FD TR II	IVZ	1,825,463	$153.9M	5.85%
4	ISHARES TR	46429B689	1,761,493	$151.9M	5.78%
5	ISHARES INC	464286533	2,289,163	$146.6M	5.57%
6	VANGUARD WHITEHALL FDS	921946406	892,467	$128.1M	4.87%
7	BLACKROCK ETF TRUST II	BLK	2,319,295	$122.4M	4.65%
8	APPLE INC	AAPL	430,887	$117.1M	4.45%
9	ISHARES TR	46435U713	1,714,900	$90.2M	3.43%
10	ISHARES INC	46434G103	1,245,797	$83.7M	3.18%
11	ISHARES TR	464287200	113,759	$77.9M	2.96%
12	SELECT SECTOR SPDR TR	81369Y803	503,949	$72.6M	2.76%
13	VANGUARD INTL EQUITY INDEX F	922042775	974,254	$71.7M	2.72%
14	VANGUARD BD INDEX FDS	92203C303	1,418,534	$70.7M	2.69%
15	ISHARES TR	464289438	201,169	$55.7M	2.12%
16	INVESCO EXCHANGE TRADED FD T	IVZ	288,593	$55.3M	2.10%
17	JPMORGAN CHASE & CO.	VYLD	162,578	$52.4M	1.99%
18	ISHARES TR	46435U556	954,682	$46.0M	1.75%
19	GOLDMAN SACHS GROUP INC	GSCE	48,781	$42.9M	1.63%
20	BERKSHIRE HATHAWAY INC DEL	BRK-A	81,897	$41.2M	1.57%
21	SELECT SECTOR SPDR TR	81369Y209	233,963	$36.2M	1.38%
22	ISHARES TR	46434V456	768,785	$34.9M	1.33%
23	CATERPILLAR INC	CAT	48,473	$27.8M	1.06%
24	CUMMINS INC	CMI	52,026	$26.6M	1.01%
25	SPDR SERIES TRUST	78464A797	430,306	$26.1M	0.99%
26	VANGUARD SPECIALIZED FUNDS	921908844	113,988	$25.1M	0.95%
27	SELECT SECTOR SPDR TR	81369Y605	433,292	$23.7M	0.90%
28	ISHARES TR	46429B663	191,023	$23.2M	0.88%
29	INVESCO EXCHANGE TRADED FD T	IVZ	493,135	$23.1M	0.88%
30	VANGUARD INTL EQUITY INDEX F	922042858	398,276	$21.4M	0.81%
31	BANK AMERICA CORP	060505104	381,303	$21.0M	0.80%
32	INVESCO EXCHANGE TRADED FD T	IVZ	163,944	$20.8M	0.79%
33	ISHARES TR	464288810	299,530	$18.6M	0.71%
34	SPDR INDEX SHS FDS	78463X855	252,290	$17.6M	0.67%
35	QUANTA SVCS INC	74762E102	38,890	$16.4M	0.62%
36	ISHARES TR	464288828	335,810	$16.1M	0.61%
37	ISHARES TR	46435U135	306,385	$14.7M	0.56%
38	SELECT SECTOR SPDR TR	81369Y704	93,641	$14.5M	0.55%
39	ISHARES TR	46434V381	202,875	$14.1M	0.54%
40	ISHARES TR	464288646	221,580	$11.7M	0.45%
41	VANGUARD INDEX FDS	922908611	54,088	$11.5M	0.44%
42	CISCO SYS INC	CSCO	140,534	$10.8M	0.41%
43	INVESCO EXCHANGE TRADED FD T	IVZ	162,735	$10.8M	0.41%
44	ISHARES TR	464287101	31,389	$10.8M	0.41%
45	ISHARES TR	464288729	59,070	$10.4M	0.39%
46	ISHARES TR	46429B671	166,895	$10.0M	0.38%
47	GENERAL MTRS CO	37045V100	120,725	$9.8M	0.37%
48	MICROSOFT CORP	MSFT	17,058	$8.2M	0.31%
49	JACOBS SOLUTIONS INC	J	62,160	$8.2M	0.31%
50	ALPHABET INC	GOOG	24,236	$7.6M	0.29%
51	ISHARES TR	46435U192	273,147	$7.2M	0.27%
52	ISHARES TR	46429B697	66,635	$6.3M	0.24%
53	CITIGROUP INC	C-PR	50,928	$5.9M	0.23%
54	UNION PAC CORP	UNP	25,021	$5.8M	0.22%
55	FEDEX CORP	FDX	18,821	$5.4M	0.21%
56	ISHARES TR	464287523	16,139	$4.9M	0.18%
57	CSX CORP	CSX	126,685	$4.6M	0.17%
58	TEXTRON INC	TXT	52,320	$4.6M	0.17%
59	ISHARES TR	464288281	42,170	$4.0M	0.15%
60	ISHARES TR	46436E569	76,440	$4.0M	0.15%
61	ISHARES TR	464287614	8,454	$4.0M	0.15%
62	ISHARES TR	46432F842	30,648	$2.7M	0.10%
63	NVIDIA CORPORATION	NVDA	14,286	$2.7M	0.10%
64	AMAZON COM INC	AMZN	11,395	$2.6M	0.10%
65	SPDR SERIES TRUST	78464A722	46,395	$2.6M	0.10%
66	ASML HOLDING N V	ASMLF	2,285	$2.4M	0.09%
67	GLOBAL X FDS	37950E408	98,567	$2.1M	0.08%
68	CINTAS CORP	CTAS	9,488	$1.8M	0.07%
69	META PLATFORMS INC	META	2,589	$1.7M	0.06%
70	WELLS FARGO CO NEW	949746101	17,675	$1.6M	0.06%
71	ISHARES TR	46434V290	21,730	$1.6M	0.06%
72	HUNT J B TRANS SVCS INC	445658107	8,121	$1.6M	0.06%
73	ISHARES TR	46434V514	43,675	$1.5M	0.06%
74	ALPHABET INC	GOOG	4,642	$1.5M	0.06%
75	ISHARES TR	464287184	31,703	$1.2M	0.05%
76	DIMENSIONAL ETF TRUST	25434V708	30,402	$1.2M	0.05%
77	ISHARES INC	464286426	12,097	$1.1M	0.04%
78	SMURFIT WESTROCK PLC	SW	26,742	$1.0M	0.04%
79	S & T BANCORP INC	STBA	26,212	$1.0M	0.04%
80	ADOBE INC	ADBE	2,723	$953,023	0.04%
81	NEXTNAV INC	NXNVW	56,360	$937,830	0.04%
82	WISDOMTREE TR	WT	10,345	$925,153	0.04%
83	MID PENN BANCORP INC	MPB	27,108	$840,890	0.03%
84	DIMENSIONAL ETF TRUST	25434V880	25,090	$821,196	0.03%
85	VANGUARD SCOTTSDALE FDS	92206C409	10,005	$797,699	0.03%
86	ISHARES TR	464287119	7,400	$769,896	0.03%
87	VANGUARD WORLD FD	921910840	5,410	$763,676	0.03%
88	GE VERNOVA INC	GEV	1,135	$741,802	0.03%
89	ELI LILLY & CO	LLY	665	$714,662	0.03%
90	INTUIT	INTU	1,035	$685,605	0.03%
91	LOCKHEED MARTIN CORP	LMT	1,380	$667,465	0.03%
92	ORACLE CORP	ORCL-PD	3,200	$623,712	0.02%
93	ISHARES INC	46434G509	17,525	$609,169	0.02%
94	MORGAN STANLEY	MS-PQ	3,244	$575,907	0.02%
95	VANGUARD SCOTTSDALE FDS	92206C680	4,660	$567,355	0.02%
96	BANK NEW YORK MELLON CORP	064058100	4,780	$554,910	0.02%
97	PNC FINL SVCS GROUP INC	693475105	2,656	$554,000	0.02%
98	INTERCONTINENTAL EXCHANGE IN	45866F104	3,385	$548,235	0.02%
99	ISHARES TR	464288687	17,335	$536,692	0.02%
100	WISDOMTREE TR	WT	4,885	$455,771	0.02%
101	AUTODESK INC	ADSK	1,445	$427,734	0.02%
102	VANGUARD WORLD FD	92204A504	1,484	$427,000	0.02%
103	HOME DEPOT INC	HD	1,231	$423,587	0.02%
104	PAYCHEX INC	PAYX	3,715	$416,749	0.02%
105	THE CIGNA GROUP	125523100	1,511	$415,873	0.02%
106	ISHARES TR	464288877	5,515	$393,826	0.01%
107	AMGEN INC	AMGN	1,172	$383,711	0.01%
108	JOHNSON & JOHNSON	JNJ	1,813	$375,200	0.01%
109	INTEL CORP	INTC	10,166	$375,110	0.01%
110	INNOVATIVE SOLUTIONS & SUPPO	ISSC	19,395	$367,341	0.01%
111	ACCENTURE PLC IRELAND	ACN	1,350	$362,205	0.01%
112	ISHARES INC	464286665	7,127	$359,700	0.01%
113	VANGUARD INDEX FDS	922908744	1,858	$354,859	0.01%
114	BLACKROCK INC	BLK	330	$353,212	0.01%
115	ISHARES TR	46435U218	2,810	$340,758	0.01%
116	CHEVRON CORP NEW	CVX	2,219	$338,198	0.01%
117	ISHARES TR	464287598	1,496	$314,669	0.01%
118	ISHARES TR	464287325	3,220	$313,628	0.01%
119	TEXAS INSTRS INC	882508104	1,715	$297,535	0.01%
120	INVESCO EXCH TRADED FD TR II	IVZ	5,230	$296,000	0.01%
121	CONOCOPHILLIPS	COP	3,065	$286,915	0.01%
122	ALIBABA GROUP HLDG LTD	BBAAY	1,900	$278,502	0.01%
123	DISNEY WALT CO	254687106	2,403	$273,389	0.01%
124	ZIONS BANCORPORATION N A	989701107	4,460	$261,088	0.01%
125	SNOWFLAKE INC	SNOW	1,180	$258,845	0.01%
126	PALANTIR TECHNOLOGIES INC	PLTR	1,450	$257,738	0.01%
127	VANGUARD INDEX FDS	922908769	765	$256,482	0.01%
128	INVESCO EXCHANGE TRADED FD T	IVZ	2,165	$246,507	0.01%
129	WELLTOWER INC	WELL	1,300	$241,293	0.01%
130	COSTCO WHSL CORP NEW	22160K105	266	$229,656	0.01%
131	VISA INC	V	652	$228,488	0.01%
132	COGNEX CORP	CGNX	6,270	$225,595	0.01%
133	INVESCO EXCHANGE TRADED FD T	IVZ	2,739	$225,009	0.01%
134	INVESCO QQQ TR	IVZ	366	$224,837	0.01%
135	VERTIV HOLDINGS CO	VRT	1,335	$216,283	0.01%
136	ISHARES TR	46435G193	9,190	$214,905	0.01%
137	ISHARES TR	464287507	3,075	$202,950	0.01%
138	MASTERCARD INCORPORATED	MA	351	$200,554	0.01%
139	FIRST COMWLTH FINL CORP PA	319829107	11,685	$197,009	0.01%
140	BLACKROCK ENHANCED EQUITY DI	BLK	19,004	$180,158	0.01%
141	NANOVIRICIDES INC	NNVC	15,736	$17,782	0.00%