13F HOLDINGS REPORT

Sherman Asset Management, Inc.

Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0001736535-25-000005

Total Value

$112.8M

Positions

146

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (146)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES CORE S&P 500 ETF	464287200	32,458	$20.2M	17.87%
2	VANGUARD TOTAL STOCK MARKET ETF	922908769	35,552	$10.8M	9.58%
3	ISHARES CORE S&P SMALL CAP ETF	464287804	72,877	$7.7M	6.85%
4	TECHNOLOGY SELECT SECTOR SPDR FUND	81369Y803	29,600	$7.5M	6.65%
5	TESLA INC COM	TSLA	17,366	$5.5M	4.89%
6	META PLATFORMS INC CL A	META	5,573	$4.1M	3.65%
7	MICROSOFT CORP COM	MSFT	7,986	$4.0M	3.52%
8	ALPHABET INC CAP STK CL A	GOOG	19,139	$3.4M	2.99%
9	APPLE INC COM	AAPL	14,939	$3.1M	2.72%
10	VANGUARD TOTAL BOND MARKET ETF	921937835	39,950	$2.9M	2.61%
11	VANGUARD FTSE DEVELOPED MARKETS ETF	921943858	50,916	$2.9M	2.57%
12	FIRST TRUST NASDAQ CYBERSECURITY ETF	33734X846	37,042	$2.8M	2.48%
13	ISHARES CORE S&P MID-CAP ETF	464287507	35,646	$2.2M	1.96%
14	SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF	78463X889	50,501	$2.0M	1.81%
15	VANGUARD REAL ESTATE ETF	922908553	21,322	$1.9M	1.68%
16	AMAZON COM INC COM	AMZN	8,363	$1.8M	1.63%
17	SPDR PORTFOLIO S&P 600 SMALL CAP ETF	78468R853	41,391	$1.8M	1.56%
18	SCHWAB US TIPS ETF	808524870	50,350	$1.3M	1.19%
19	SPDR BLOOMBERG 1-3 MONTH T-BILL ETF	78468R663	13,680	$1.3M	1.11%
20	VANGUARD MID-CAP ETF	922908629	4,448	$1.2M	1.10%
21	NVIDIA CORPORATION COM	NVDA	7,701	$1.2M	1.08%
22	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS	874039100	4,787	$1.1M	0.96%
23	CONSUMER DISCRETIONARY SELECT SECTOR SPDR FUND	81369Y407	4,744	$1.0M	0.91%
24	SCHWAB SHORT-TERM US TREASURY ETF	808524862	38,821	$946,468	0.84%
25	COSTCO WHSL CORP NEW COM	22160K105	917	$908,572	0.81%
26	HEALTH CARE SELECT SECTOR SPDR FUND	81369Y209	6,317	$851,582	0.76%
27	FINANCIAL SELECT SECTOR SPDR FUND	81369Y605	15,355	$804,165	0.71%
28	WALMART INC COM	WMT	7,743	$757,114	0.67%
29	MASTERCARD INCORPORATED CL A	MA	1,264	$710,738	0.63%
30	ELI LILLY & CO COM	LLY	865	$674,569	0.60%
31	VISA INC COM CL A	V	1,847	$655,903	0.58%
32	MCDONALDS CORP COM	MCD	2,009	$587,151	0.52%
33	COMMUNICATION SERVICES SELECT SECTOR SPDR FUND	81369Y852	4,844	$525,719	0.47%
34	CONSUMER STAPLES SELECT SECTOR SPDR FUND	81369Y308	5,971	$483,471	0.43%
35	ISHARES ESG AWARE MSCI USA ETF	46435G425	3,537	$478,556	0.42%
36	SPDR S&P BIOTECH ETF	78464A870	5,616	$465,743	0.41%
37	PROCTER AND GAMBLE CO COM	742718109	2,673	$426,014	0.38%
38	SPDR S&P KENSHO NEW ECONOMIES COMPOSITE ETF	78468R648	7,594	$412,994	0.37%
39	ISHARES ESG AWARE MSCI EAFE ETF	46435G516	4,500	$401,490	0.36%
40	ISHARES FLOATING RATE BOND ETF	46429B655	7,082	$361,331	0.32%
41	VANGUARD ESG U.S. STOCK ETF	921910733	3,200	$350,848	0.31%
42	NETFLIX INC COM	NFLX	249	$333,443	0.30%
43	SPDR PORTFOLIO S&P 500 GROWTH ETF	78464A409	3,229	$307,832	0.27%
44	FIRST TRUST SKYBRIDGE CRYPTO INDUSTRY & DIGITAL ECONOMY ETF	33740F540	13,198	$306,325	0.27%
45	ABBOTT LABS COM	ABLZF	2,212	$300,900	0.27%
46	REAL ESTATE SELECT SECTOR SPDR FUND	81369Y860	6,855	$283,934	0.25%
47	CYBERARK SOFTWARE LTD SHS	M2682V108	660	$268,540	0.24%
48	JOHNSON & JOHNSON COM	JNJ	1,742	$266,224	0.24%
49	SCHWAB U.S. MID-CAP ETF	808524508	9,189	$257,751	0.23%
50	ORACLE CORP COM	ORCL-PD	1,125	$245,958	0.22%
51	COCA COLA CO COM	KO	3,416	$241,733	0.21%
52	VANGUARD INFORMATION TECHNOLOGY ETF	92204A702	354	$234,801	0.21%
53	WISDOMTREE ARTIFICIAL INTELLIGENCE AND INNOVATION FUND	WT	9,116	$223,888	0.20%
54	GILEAD SCIENCES INC COM	GILD	1,920	$212,870	0.19%
55	ISHARES CALIFORNIA MUNI BOND ETF	464288356	3,744	$208,690	0.19%
56	UBER TECHNOLOGIES INC COM	UBER	2,232	$208,245	0.18%
57	WASTE MGMT INC DEL COM	94106L109	883	$202,153	0.18%
58	STARBUCKS CORP COM	SBUX	2,148	$196,821	0.17%
59	AMGEN INC COM	AMGN	695	$194,050	0.17%
60	DISNEY WALT CO COM	254687106	1,527	$189,363	0.17%
61	SPDR S&P SOFTWARE & SERVICES ETF	78464A599	955	$181,280	0.16%
62	JPMORGAN CHASE & CO. COM	VYLD	570	$165,248	0.15%
63	MORGAN STANLEY COM NEW	MS-PQ	1,162	$163,679	0.15%
64	MERCK & CO INC COM	MRK	1,964	$155,542	0.14%
65	GOLDMAN SACHS GROUP INC COM	GSCE	219	$154,997	0.14%
66	SPDR PORTFOLIO S&P 1500 COMPOSITE STOCK MARKET ETF	78464A805	1,973	$147,757	0.13%
67	INVESCO QQQ TRUST SERIES I	IVZ	257	$142,144	0.13%
68	PROLOGIS INC. COM	PLDGP	1,329	$139,704	0.12%
69	WELLS FARGO CO NEW COM	949746101	1,729	$138,527	0.12%
70	BRISTOL-MYERS SQUIBB CO COM	CELG-RI	2,849	$131,880	0.12%
71	BERKSHIRE HATHAWAY INC DEL CL B NEW	BRK-A	260	$126,300	0.11%
72	CITIGROUP INC COM NEW	C-PR	1,482	$126,147	0.11%
73	VANGUARD VALUE ETF	922908744	702	$124,082	0.11%
74	YUM BRANDS INC COM	YUM	832	$123,300	0.11%
75	BLACKROCK INC COM	BLK	117	$122,762	0.11%
76	BANK AMERICA CORP COM	060505104	2,546	$120,476	0.11%
77	PFIZER INC COM	PFE	4,833	$117,151	0.10%
78	SPDR S&P HEALTH CARE EQUIPMENT ETF	78464A581	1,405	$114,101	0.10%
79	EQUINIX INC COM	EQIX	143	$113,752	0.10%
80	AT&T INC COM	T-PC	3,897	$112,779	0.10%
81	AMPLIFY LITHIUM & BATTERY TECHNOLOGY ETF	032108805	11,928	$111,407	0.10%
82	SCHWAB CHARLES CORP COM	SCHW-PJ	1,214	$110,765	0.10%
83	KROGER CO COM	KR	1,506	$108,087	0.10%
84	AVALONBAY CMNTYS INC COM	AWX	528	$107,448	0.10%
85	PEPSICO INC COM	PEP	801	$105,798	0.09%
86	EQUITY RESIDENTIAL SH BEN INT	EQR	1,505	$101,572	0.09%
87	VERIZON COMMUNICATIONS INC COM	VZ	2,315	$100,170	0.09%
88	PUBLIC STORAGE OPER CO COM	PSA-PS	338	$99,175	0.09%
89	MID-AMER APT CMNTYS INC COM	59522J103	663	$98,130	0.09%
90	AMERICAN TOWER CORP NEW COM	03027X100	439	$97,027	0.09%
91	EXTRA SPACE STORAGE INC COM	EXR	626	$92,297	0.08%
92	SALESFORCE INC COM	CRM	333	$90,805	0.08%
93	CISCO SYS INC COM	CSCO	1,267	$87,904	0.08%
94	SBA COMMUNICATIONS CORP NEW CL A	SBAC	357	$83,837	0.07%
95	UNITEDHEALTH GROUP INC COM	UNH	260	$81,112	0.07%
96	HEALTHPEAK PROPERTIES INC COM	DOC	4,630	$81,071	0.07%
97	COLGATE PALMOLIVE CO COM	CL	772	$70,217	0.06%
98	TARGET CORP COM	TGT	667	$65,851	0.06%
99	ADOBE INC COM	ADBE	153	$59,192	0.05%
100	VANECK BDC INCOME ETF	92189F411	3,508	$57,110	0.05%
101	ALEXANDRIA REAL ESTATE EQ INC COM	015271109	766	$55,634	0.05%
102	FRESH DEL MONTE PRODUCE INC ORD	FDP	1,636	$53,039	0.05%
103	ISHARES ESG AWARE MSCI USA SMALL-CAP ETF	46435U663	1,273	$52,613	0.05%
104	VANGUARD S&P 500 ETF	922908363	88	$50,476	0.04%
105	KIMBERLY-CLARK CORP COM	KMB	368	$47,442	0.04%
106	THERMO FISHER SCIENTIFIC INC COM	TMO	111	$45,030	0.04%
107	KELLANOVA COM	BEKE	536	$42,628	0.04%
108	HILTON WORLDWIDE HLDGS INC COM	HLT	156	$41,549	0.04%
109	SPDR S&P 500 ETF TRUST	SPY	60	$37,071	0.03%
110	VANGUARD SMALL-CAP GROWTH ETF	922908595	130	$36,002	0.03%
111	GENERAL MLS INC COM	370334104	686	$35,556	0.03%
112	ARCHER DANIELS MIDLAND CO COM	ADM	589	$31,139	0.03%
113	CLOROX CO DEL COM	CLX	252	$30,257	0.03%
114	AIRBNB INC COM CL A	ABNB	226	$29,908	0.03%
115	UTILITIES SELECT SECTOR SPDR FUND	81369Y886	352	$28,744	0.03%
116	FIRST TRUST NASDAQ BANK ETF	33738R860	870	$28,736	0.03%
117	DOMINOS PIZZA INC COM	DPZ	60	$27,036	0.02%
118	THE CAMPBELLS COMPANY COM	CPB	874	$26,788	0.02%
119	MATERIALS SELECT SECTOR SPDR FUND	81369Y100	265	$23,269	0.02%
120	PAYPAL HLDGS INC COM	PYPL	307	$22,816	0.02%
121	ISHARES CORE S&P US VALUE ETF	464287663	240	$22,711	0.02%
122	WYNDHAM HOTELS & RESORTS INC COM	WH	255	$20,736	0.02%
123	CVS HEALTH CORP COM	CVS	274	$18,900	0.02%
124	VANGUARD GROWTH ETF	922908736	41	$17,974	0.02%
125	3M CO COM	MMM	111	$16,898	0.01%
126	ISHARES CORE S&P U.S. GROWTH ETF	464287671	106	$15,942	0.01%
127	SYSCO CORP COM	SYY	166	$12,595	0.01%
128	BOOKING HOLDINGS INC COM	BKNG	2	$11,578	0.01%
129	SPOTIFY TECHNOLOGY S A SHS	SPOT	13	$9,975	0.01%
130	TYSON FOODS INC CL A	TSN	175	$9,789	0.01%
131	COMCAST CORP NEW CL A	CCZ	258	$9,208	0.01%
132	TJX COS INC NEW COM	872540109	72	$8,891	0.01%
133	HORMEL FOODS CORP COM	HRL	243	$7,350	0.01%
134	LOWES COS INC COM	548661107	32	$7,099	0.01%
135	ASML HOLDING N V N Y REGISTRY SHS	ASMLF	8	$6,411	0.01%
136	MONDELEZ INTL INC CL A	609207105	90	$6,069	0.01%
137	OKTA INC CL A	OKTA	50	$4,998	0.00%
138	ALNYLAM PHARMACEUTICALS INC COM	ALNY	15	$4,891	0.00%
139	CYTOKINETICS INC COM NEW	CYTK	142	$4,691	0.00%
140	SEA LTD SPONSORD ADS	SE	26	$4,158	0.00%
141	TRUPANION INC COM	TRUP	64	$3,542	0.00%
142	ANAPTYSBIO INC COM	ANABV	120	$2,664	0.00%
143	CHEVRON CORP NEW COM	CVX	7	$1,047	0.00%
144	BALLARD PWR SYS INC NEW COM	BALL	300	$477	0.00%
145	SPDR S&P INSURANCE ETF	78464A789	3	$179	0.00%
146	BEYOND MEAT INC COM	BYND	30	$104	0.00%