13F HOLDINGS REPORT

Sherman Asset Management, Inc.

Quarter ended Q4 2025 · Filed February 5, 2026 · Accession 0001736535-26-000001

Total Value

$118.1M

Positions

144

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (144)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES CORE S&P 500 ETF	464287200	32,749	$22.4M	18.99%
2	VANGUARD TOTAL STOCK MARKET ETF	922908769	35,525	$11.9M	10.09%
3	ISHARES CORE S&P SMALL CAP ETF	464287804	68,917	$8.3M	7.01%
4	STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF	81369Y803	56,670	$8.2M	6.91%
5	ALPHABET INC CAP STK CL A	GOOG	21,382	$6.7M	5.67%
6	APPLE INC COM	AAPL	13,813	$3.8M	3.18%
7	MICROSOFT CORP COM	MSFT	7,300	$3.5M	2.99%
8	META PLATFORMS INC CL A	META	5,137	$3.4M	2.87%
9	VANGUARD TOTAL BOND MARKET ETF	921937835	43,443	$3.2M	2.72%
10	FIRST TRUST NASDAQ CYBERSECURITY ETF	33734X846	37,020	$2.6M	2.24%
11	TESLA INC COM	TSLA	5,241	$2.4M	2.00%
12	ISHARES CORE S&P MID-CAP ETF	464287507	35,646	$2.4M	1.99%
13	SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF	78463X889	48,370	$2.1M	1.82%
14	VANGUARD REAL ESTATE ETF	922908553	23,144	$2.0M	1.73%
15	AMAZON COM INC COM	AMZN	8,363	$1.9M	1.63%
16	STATE STREET SPDR PORTFOLIO S&P 600 SMALL CAP ETF	78468R853	38,321	$1.8M	1.52%
17	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS	874039100	4,788	$1.5M	1.23%
18	SCHWAB US TIPS ETF	808524870	54,669	$1.4M	1.23%
19	STATE STR SPDR S&P 500 ETF TR TR UNIT	SPY	1,920	$1.3M	1.11%
20	STATE STREET CONSUMER DISCRETIONARY SELECT SECTOR SPDR ETF	81369Y407	9,509	$1.1M	0.96%
21	STATE STREET HEALTH CARE SELECT SECTOR SPDR ETF	81369Y209	6,826	$1.1M	0.89%
22	VANGUARD MID-CAP ETF	922908629	4,510	$1.0M	0.88%
23	ISHARES RUSSELL 2000 ETF	464287655	4,170	$1.0M	0.87%
24	SCHWAB SHORT-TERM US TREASURY ETF	808524862	39,861	$971,400	0.82%
25	ELI LILLY & CO COM	LLY	865	$929,979	0.79%
26	WALMART INC COM	WMT	7,743	$862,652	0.73%
27	STATE STREET FINANCIAL SELECT SECTOR SPDR ETF	81369Y605	15,399	$843,407	0.71%
28	CISCO SYS INC COM	CSCO	10,567	$813,796	0.69%
29	COSTCO WHOLESALE CORPORATION COM	22160K105	918	$791,461	0.67%
30	ADOBE INC COM	ADBE	2,027	$709,430	0.60%
31	VANGUARD FTSE DEVELOPED MARKETS ETF	921943858	11,125	$694,969	0.59%
32	ROBINHOOD MARKETS, INC.	770700102	6,000	$678,600	0.57%
33	PALANTIR TECHNOLOGIES, INC.	PLTR	3,800	$675,450	0.57%
34	VANGUARD ESG U.S. STOCK ETF	921910733	5,453	$659,595	0.56%
35	MASTERCARD INCORPORATED CL A	MA	1,137	$648,974	0.55%
36	NVIDIA CORPORATION COM	NVDA	3,433	$640,255	0.54%
37	MCDONALDS CORP COM	MCD	2,010	$614,201	0.52%
38	VISA INC COM CL A	V	1,640	$575,289	0.49%
39	STATE STREET COMMUNICATION SERVICES SELECT SECTOR SPDR ETF	81369Y852	4,844	$570,236	0.48%
40	ISHARES ESG AWARE MSCI USA ETF	46435G425	3,751	$558,824	0.47%
41	STATE STREET CONSUMER STAPLES SELECT SECTOR SPDR ETF	81369Y308	6,904	$536,303	0.45%
42	ISHARES ESG AWARE MSCI EAFE ETF	46435G516	4,427	$420,963	0.36%
43	ISHARES FLOATING RATE BOND ETF	46429B655	7,539	$383,436	0.32%
44	STATE STREET SPDR PORTFOLIO S&P 500 GROWTH ETF	78464A409	3,374	$359,987	0.30%
45	JOHNSON & JOHNSON COM	JNJ	1,466	$303,389	0.26%
46	CYBERARK SOFTWARE LTD SHS	M2682V108	660	$294,400	0.25%
47	STATE STREET SPDR S&P BIOTECH ETF	78464A870	2,346	$286,063	0.24%
48	SCHWAB U.S. MID-CAP ETF	808524508	8,784	$264,135	0.22%
49	COCA COLA CO COM	KO	3,417	$238,864	0.20%
50	GILEAD SCIENCES INC COM	GILD	1,920	$235,661	0.20%
51	AMGEN INC COM	AMGN	695	$227,480	0.19%
52	ISHARES CALIFORNIA MUNI BOND ETF	464288356	3,744	$215,130	0.18%
53	STATE STREET SPDR S&P KENSHO NEW ECONOMIES COMPOSITE ETF	78468R648	3,494	$208,685	0.18%
54	MORGAN STANLEY COM NEW	MS-PQ	1,162	$206,290	0.17%
55	FIRST TRUST SKYBRIDGE CRYPTO INDUSTRY & DIGITAL ECONOMY ETF	33740F540	13,198	$198,102	0.17%
56	ORACLE CORP COM	ORCL-PD	999	$194,715	0.16%
57	WASTE MGMT INC DEL COM	94106L109	883	$194,105	0.16%
58	GOLDMAN SACHS GROUP INC COM	GSCE	219	$192,501	0.16%
59	JPMORGAN CHASE & CO COM	VYLD	570	$183,665	0.16%
60	PROCTER & GAMBLE CO COM	742718109	1,280	$183,437	0.16%
61	UBER TECHNOLOGIES INC COM	UBER	2,232	$182,377	0.15%
62	STARBUCKS CORP COM	SBUX	2,148	$180,883	0.15%
63	MERCK & CO INC COM	MRK	1,708	$179,784	0.15%
64	ABBOTT LABS COM	ABLZF	1,418	$177,661	0.15%
65	CITIGROUP INC COM NEW	C-PR	1,482	$172,935	0.15%
66	PROLOGIS INC. COM	PLDGP	1,329	$169,660	0.14%
67	STATE STREET SPDR PORTFOLIO S&P 1500 COMPOSITE STOCK MARKET ETF	78464A805	1,973	$162,773	0.14%
68	WELLS FARGO & CO COM	949746101	1,729	$161,143	0.14%
69	INVESCO QQQ TRUST SERIES I	IVZ	258	$158,305	0.13%
70	BRISTOL-MYERS SQUIBB CO COM	CELG-RI	2,849	$153,675	0.13%
71	BANK AMERICA CORP COM	060505104	2,546	$140,030	0.12%
72	BERKSHIRE HATHAWAY INC DEL CL B NEW	BRK-A	260	$130,689	0.11%
73	NETFLIX INC. COM	NFLX	1,350	$126,576	0.11%
74	BLACKROCK INC COM	BLK	117	$125,230	0.11%
75	VANGUARD VALUE ETF	922908744	652	$124,463	0.11%
76	STATE STREET REAL ESTATE SELECT SECTOR SPDR ETF	81369Y860	3,075	$124,076	0.11%
77	VANGUARD INFORMATION TECHNOLOGY ETF	92204A702	161	$121,359	0.10%
78	SCHWAB CHARLES CORP COM	SCHW-PJ	1,214	$121,291	0.10%
79	PFIZER INC COM	PFE	4,833	$120,342	0.10%
80	ISHARES ESG AWARE MSCI USA SMALL-CAP ETF	46435U663	2,456	$112,927	0.10%
81	YUM BRANDS INC COM	YUM	725	$109,679	0.09%
82	EQUINIX INC COM	EQIX	143	$109,561	0.09%
83	STATE STREET UTILITIES SELECT SECTOR SPDR ETF	81369Y886	2,294	$97,931	0.08%
84	AVALONBAY CMNTYS INC COM	AWX	528	$95,732	0.08%
85	EQUITY RESIDENTIAL SH BEN INT	EQR	1,505	$94,875	0.08%
86	KROGER CO COM	KR	1,507	$94,149	0.08%
87	PEPSICO INC COM	PEP	650	$93,288	0.08%
88	MID-AMER APT CMNTYS INC COM	59522J103	663	$92,097	0.08%
89	PUBLIC STORAGE OPER CO COM	PSA-PS	338	$87,711	0.07%
90	UNITEDHEALTH GROUP INC COM	UNH	260	$85,829	0.07%
91	EXTRA SPACE STORAGE INC COM	EXR	626	$81,518	0.07%
92	AMERICAN TOWER CORP COM	03027X100	439	$77,075	0.07%
93	HEALTHPEAK PROPERTIES INC COM	DOC	4,630	$74,450	0.06%
94	SBA COMMUNICATIONS CORP CL A	SBAC	357	$69,055	0.06%
95	AMPLIFY LITHIUM & BATTERY TECHNOLOGY ETF	032108805	4,381	$60,458	0.05%
96	FRESH DEL MONTE PRODUCE INC ORD	FDP	1,636	$58,291	0.05%
97	STATE STREET SPDR S&P HEALTH CARE EQUIPMENT ETF	78464A581	625	$55,147	0.05%
98	VANGUARD S&P 500 ETF	922908363	87	$54,862	0.05%
99	COLGATE PALMOLIVE CO COM	CL	636	$50,257	0.04%
100	VANECK BDC INCOME ETF	92189F411	3,508	$49,743	0.04%
101	IREN LIMITED ORDINARY SHARES	IREN	1,248	$47,137	0.04%
102	HILTON WORLDWIDE HLDGS INC COM	HLT	156	$44,811	0.04%
103	VANGUARD SMALL-CAP GROWTH ETF	922908595	130	$39,274	0.03%
104	ALEXANDRIA REAL ESTATE EQ INC COM	015271109	766	$37,488	0.03%
105	KIMBERLY-CLARK CORP COM	KMB	368	$37,128	0.03%
106	DISNEY WALT CO COM	254687106	308	$35,041	0.03%
107	ISHARES ESG SELECT SCREENED S&P MID-CAP ETF	46436E551	742	$33,130	0.03%
108	THERMO FISHER SCIENTIFIC INC COM	TMO	53	$30,711	0.03%
109	TARGET CORP COM	TGT	307	$30,009	0.03%
110	CIPHER MINING INC COM	17253J106	2,008	$29,638	0.03%
111	GENERAL MILLS INC COM	370334104	605	$28,133	0.02%
112	ARCHER DANIELS MIDLAND CO COM	ADM	464	$26,675	0.02%
113	STATE STREET SPDR S&P SOFTWARE & SERVICES ETF	78464A599	140	$26,202	0.02%
114	CLOROX CO DEL COM	CLX	252	$25,409	0.02%
115	DOMINOS PIZZA INC COM	DPZ	60	$25,009	0.02%
116	ISHARES CORE S&P US VALUE ETF	464287663	240	$24,610	0.02%
117	THE CAMPBELLS COMPANY COM	CPB	874	$24,358	0.02%
118	STATE STREET MATERIALS SELECT SECTOR SPDR ETF	81369Y100	530	$24,036	0.02%
119	CVS HEALTH CORP COM	CVS	274	$21,745	0.02%
120	WISDOMTREE ARTIFICIAL INTELLIGENCE AND INNOVATION FUND	WT	693	$20,194	0.02%
121	AT&T INC COM	T-PC	811	$20,145	0.02%
122	VANGUARD GROWTH ETF	922908736	41	$20,002	0.02%
123	WYNDHAM HOTELS & RESORTS INC COM	WH	255	$19,293	0.02%
124	ISHARES ESG AWARE MSCI USA GROWTH ETF	46436E239	352	$18,628	0.02%
125	PAYPAL HLDGS INC COM	PYPL	307	$17,923	0.02%
126	VERIZON COMMUNICATIONS INC COM	VZ	438	$17,840	0.02%
127	ISHARES CORE S&P U.S. GROWTH ETF	464287671	106	$17,802	0.02%
128	3M CO COM	MMM	111	$17,771	0.02%
129	SALESFORCE INC COM	CRM	52	$13,775	0.01%
130	TJX COS INC NEW COM	872540109	72	$11,060	0.01%
131	BOOKING HOLDINGS INC COM	BKNG	2	$10,711	0.01%
132	TYSON FOODS INC CL A	TSN	175	$10,259	0.01%
133	CYTOKINETICS INC COM NEW	CYTK	142	$9,023	0.01%
134	ASML HLDG NV N Y REGISTRY SHS	ASMLF	8	$8,559	0.01%
135	LOWES COS INC COM	548661107	32	$7,717	0.01%
136	COMCAST CORP NEW CL A	CCZ	258	$7,712	0.01%
137	SPOTIFY TECHNOLOGY S A SHS	SPOT	13	$7,549	0.01%
138	ALNYLAM PHARMACEUTICALS INC COM	ALNY	15	$5,965	0.01%
139	SYSCO CORP COM	SYY	80	$5,895	0.00%
140	HORMEL FOODS CORP COM	HRL	243	$5,759	0.00%
141	OKTA INC CL A	OKTA	50	$4,324	0.00%
142	SEA LTD SPONSORD ADS	SE	26	$3,317	0.00%
143	TRUPANION INC COM	TRUP	64	$2,392	0.00%
144	CHEVRON CORPORATION COM	CVX	7	$1,140	0.00%