13F HOLDINGS REPORT

FINANCIAL MANAGEMENT NETWORK INC

Quarter ended Q1 2025 · Filed May 7, 2025 · Accession 0001754960-25-000283

Total Value

$444.4M

Positions

153

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (153)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES TR	464287200	86,849	$44.0M	9.90%
2	VANECK ETF TRUST	92189F643	502,966	$39.5M	8.89%
3	ISHARES TR	464287507	370,389	$19.4M	4.36%
4	VANECK ETF TRUST	92189H730	555,222	$16.2M	3.64%
5	ISHARES TR	464287804	167,321	$15.6M	3.51%
6	AMERICAN CENTY ETF TR	025072877	179,097	$13.8M	3.11%
7	BLACKROCK ETF TRUST II	BLK	269,278	$13.8M	3.10%
8	AMERICAN CENTY ETF TR	025072802	208,850	$12.9M	2.90%
9	PACER FDS TR	69374H709	368,583	$12.3M	2.78%
10	VANGUARD SCOTTSDALE FDS	92206C870	149,302	$12.0M	2.71%
11	APPLE INC	AAPL	65,149	$11.8M	2.66%
12	CAPITAL GROUP INTL FOCUS EQT	14019W109	454,673	$9.8M	2.21%
13	VANGUARD WORLD FD	92204A504	29,374	$7.2M	1.61%
14	AMERICAN CENTY ETF TR	025072349	119,153	$6.9M	1.56%
15	ISHARES TR	464288661	56,722	$6.7M	1.51%
16	NVIDIA CORPORATION	NVDA	62,821	$6.1M	1.38%
17	ISHARES TR	464287309	71,718	$6.0M	1.36%
18	ISHARES TR	464288679	54,391	$6.0M	1.35%
19	VISA INC	V	18,469	$5.8M	1.30%
20	MICROSOFT CORP	MSFT	16,044	$5.7M	1.29%
21	ISHARES U S ETF TR	46431W507	111,926	$5.7M	1.27%
22	AMERICAN CENTY ETF TR	025072133	100,291	$5.5M	1.24%
23	PACER FDS TR	69374H881	109,569	$5.3M	1.20%
24	ISHARES TR	46429B267	220,715	$5.1M	1.14%
25	AMAZON COM INC	AMZN	27,641	$4.8M	1.09%
26	FIDELITY COVINGTON TRUST	316092337	240,053	$4.8M	1.07%
27	CAPITAL GROUP GBL GROWTH EQT	14020X104	179,982	$4.6M	1.04%
28	AMERICAN CENTY ETF TR	025072364	84,258	$4.3M	0.96%
29	VANECK ETF TRUST	92189H748	80,644	$4.2M	0.94%
30	ISHARES GOLD TR	IAU	70,040	$3.9M	0.88%
31	ARES CAPITAL CORP	ARCC	192,019	$3.7M	0.83%
32	FIDELITY MERRIMACK STR TR	316188309	79,031	$3.6M	0.81%
33	CAPITAL GRP FIXED INCM ETF T	14020Y409	133,891	$3.5M	0.78%
34	TESLA INC	TSLA	13,965	$3.3M	0.73%
35	VANGUARD SPECIALIZED FUNDS	921908844	18,330	$3.2M	0.72%
36	HARBOR ETF TRUST	41151J406	143,055	$3.1M	0.71%
37	PACER FDS TR	69374H857	94,233	$3.1M	0.70%
38	BERKSHIRE HATHAWAY INC DEL	BRK-A	4	$2.9M	0.66%
39	ISHARES TR	464287457	35,169	$2.9M	0.65%
40	EA SERIES TRUST	02072L573	113,983	$2.9M	0.65%
41	VANGUARD CALIF TAX FREE FDS	922021605	28,987	$2.8M	0.63%
42	PACER FDS TR	69374H303	40,792	$2.7M	0.62%
43	ALPHABET INC	GOOG	18,084	$2.7M	0.60%
44	ALPHABET INC	GOOG	17,598	$2.6M	0.59%
45	VANECK ETF TRUST	92189F411	178,368	$2.5M	0.57%
46	J P MORGAN EXCHANGE TRADED F	46641Q332	45,300	$2.4M	0.53%
47	VANGUARD INDEX FDS	922908553	26,895	$2.2M	0.50%
48	INVESCO QQQ TR	IVZ	5,203	$2.2M	0.50%
49	SIMON PPTY GROUP INC NEW	828806109	14,825	$2.1M	0.48%
50	EA SERIES TRUST	02072L680	63,102	$2.0M	0.46%
51	SPDR GOLD TR	GLD	6,827	$1.9M	0.42%
52	HOME DEPOT INC	HD	5,171	$1.8M	0.40%
53	CAPITAL GROUP CONSERVATIVE E	14020U100	69,838	$1.7M	0.39%
54	CAPITAL GRP FIXED INCM ETF T	14020Y102	77,164	$1.7M	0.38%
55	CHEVRON CORP NEW	CVX	12,129	$1.7M	0.38%
56	BLACKROCK ETF TRUST II	BLK	32,866	$1.7M	0.37%
57	KKR & CO INC	KKRT	16,822	$1.6M	0.37%
58	EA SERIES TRUST	02072L722	65,916	$1.6M	0.37%
59	JPMORGAN CHASE & CO.	VYLD	7,589	$1.6M	0.37%
60	APOLLO GLOBAL MGMT INC	03769M106	14,037	$1.6M	0.35%
61	WISDOMTREE TR	WT	32,735	$1.4M	0.33%
62	THORNBURG ETF TR	88521L306	52,865	$1.3M	0.28%
63	GOLDMAN SACHS ETF TR	NVGLF	25,421	$1.3M	0.28%
64	MCDONALDS CORP	MCD	4,063	$1.2M	0.27%
65	ISHARES TR	464287614	3,686	$1.2M	0.27%
66	FRANKLIN BSP RLTY TR INC	35243J101	104,777	$1.2M	0.27%
67	CAPITAL GROUP GROWTH ETF	14020G101	37,643	$1.2M	0.26%
68	ELI LILLY & CO	LLY	1,584	$1.1M	0.26%
69	META PLATFORMS INC	META	2,067	$1.1M	0.24%
70	VANGUARD INDEX FDS	922908769	4,287	$1.1M	0.24%
71	MASTERCARD INCORPORATED	MA	2,137	$1.0M	0.23%
72	SPDR SER TR	78464A763	8,248	$1.0M	0.23%
73	VANGUARD WORLD FD	92204A306	8,412	$912,816	0.21%
74	SPDR SER TR	78464A854	15,121	$897,157	0.20%
75	HONEYWELL INTL INC	438516106	4,685	$878,259	0.20%
76	CATERPILLAR INC	CAT	2,943	$824,283	0.19%
77	VANGUARD MUN BD FDS	922907738	8,364	$820,463	0.18%
78	EA SERIES TRUST	02072L698	32,263	$819,156	0.18%
79	GOLDMAN SACHS ETF TR	NVGLF	18,526	$783,291	0.18%
80	PALO ALTO NETWORKS INC	PANW	5,004	$762,810	0.17%
81	SPDR SER TR	78464A847	16,501	$757,569	0.17%
82	AMERICAN EXPRESS CO	AXP	3,224	$755,304	0.17%
83	ISHARES TR	464287887	6,707	$752,145	0.17%
84	THORNBURG INCM BUILDER OPP T	885213108	43,392	$725,086	0.16%
85	HARBOR ETF TRUST	41151J885	29,565	$716,653	0.16%
86	ADOBE INC	ADBE	2,103	$716,641	0.16%
87	ISHARES TR	46434V407	17,330	$709,326	0.16%
88	VANGUARD INDEX FDS	922908363	1,455	$674,480	0.15%
89	EXXON MOBIL CORP	XOM	6,502	$669,288	0.15%
90	SPDR S&P 500 ETF TR	SPY	1,324	$667,674	0.15%
91	AMGEN INC	AMGN	2,244	$650,141	0.15%
92	VANGUARD WORLD FD	921910816	2,249	$624,975	0.14%
93	BOEING CO	BA-PA	4,451	$618,107	0.14%
94	ROCKWELL AUTOMATION INC	ROK	2,699	$614,239	0.14%
95	FIDELITY COVINGTON TRUST	316092865	12,871	$610,837	0.14%
96	EDWARDS LIFESCIENCES CORP	EW	8,637	$595,953	0.13%
97	SPDR SER TR	78468R853	15,087	$549,632	0.12%
98	ETF SER SOLUTIONS	26922B832	20,349	$530,102	0.12%
99	ISHARES TR	46429B697	6,131	$528,569	0.12%
100	INTUITIVE SURGICAL INC	ISRG	1,107	$513,227	0.12%
101	BANK AMERICA CORP	060505104	14,246	$506,882	0.11%
102	INTERNATIONAL BUSINESS MACHS	INTR	2,243	$506,397	0.11%
103	UNITED RENTALS INC	URI	897	$503,029	0.11%
104	RWT HLDGS INC	749772AD1	500,000	$497,500	0.11%
105	REALTY INCOME CORP	O	9,076	$480,380	0.11%
106	SCHWAB STRATEGIC TR	808524201	24,049	$478,340	0.11%
107	ISHARES TR	464287473	4,172	$470,629	0.11%
108	TRUIST FINL CORP	89832Q109	13,300	$467,352	0.11%
109	VANECK ETF TRUST	92189H102	15,409	$465,080	0.10%
110	ISHARES TR	464287655	2,554	$458,574	0.10%
111	SELECT SECTOR SPDR TR	81369Y506	5,806	$454,311	0.10%
112	ABBVIE INC	ABBV	2,403	$448,277	0.10%
113	M & T BK CORP	55261F104	2,772	$437,002	0.10%
114	MACERICH CO	MAC	30,997	$436,127	0.10%
115	FIDELITY COVINGTON TRUST	316092535	16,120	$432,983	0.10%
116	BROADCOM INC	AVGO	2,734	$421,407	0.09%
117	JOHNSON & JOHNSON	JNJ	2,674	$402,695	0.09%
118	VANGUARD INDEX FDS	922908736	1,157	$386,966	0.09%
119	SPDR SER TR	78464A409	5,276	$384,272	0.09%
120	DISNEY WALT CO	254687106	4,476	$372,813	0.08%
121	ISHARES TR	46435U549	7,609	$358,471	0.08%
122	NETFLIX INC	NFLX	410	$355,810	0.08%
123	PEPSICO INC	PEP	2,469	$353,540	0.08%
124	YUM BRANDS INC	YUM	2,243	$325,038	0.07%
125	ISHARES TR	464287150	2,902	$319,201	0.07%
126	VANGUARD TAX-MANAGED FDS	921943858	6,886	$315,986	0.07%
127	GOLDMAN SACHS GROUP INC	GSCE	668	$311,091	0.07%
128	QUALCOMM INC	QCOM	2,390	$309,976	0.07%
129	ISHARES TR	46435G268	5,479	$306,911	0.07%
130	ISHARES TR	46435G425	2,673	$293,561	0.07%
131	ROCKET LAB USA INC	RKLB	16,480	$288,730	0.06%
132	AXON ENTERPRISE INC	AXON	550	$276,403	0.06%
133	CONOCOPHILLIPS	COP	3,223	$276,073	0.06%
134	INNOVATOR ETFS TRUST	INHD	8,365	$271,193	0.06%
135	ARES MANAGEMENT CORPORATION	ARES-PB	2,171	$270,835	0.06%
136	ISHARES TR	464287630	1,995	$269,677	0.06%
137	ISHARES TR	464287671	2,286	$263,553	0.06%
138	ISHARES TR	46434V647	11,665	$255,937	0.06%
139	ABBOTT LABS	ABLZF	2,049	$255,790	0.06%
140	KRAFT HEINZ CO	KHC	8,944	$255,174	0.06%
141	UNION PAC CORP	UNP	1,206	$253,185	0.06%
142	SELECT SECTOR SPDR TR	81369Y704	2,124	$249,281	0.06%
143	VERIZON COMMUNICATIONS INC	VZ	5,742	$244,485	0.06%
144	CAPITAL GROUP CORE BALANCED	14021D107	8,347	$241,736	0.05%
145	DIMENSIONAL ETF TRUST	25434V708	7,700	$228,613	0.05%
146	PALANTIR TECHNOLOGIES INC	PLTR	2,868	$223,245	0.05%
147	PARKER-HANNIFIN CORP	PH	416	$221,166	0.05%
148	STARBUCKS CORP	SBUX	2,704	$216,316	0.05%
149	SERVICE CORP INTL	817565104	2,748	$206,326	0.05%
150	SCHWAB STRATEGIC TR	808524607	9,624	$201,914	0.05%
151	FORD MTR CO	345370860	10,675	$98,636	0.02%
152	MOBIX LABS INC	MOBXW	52,200	$41,081	0.01%
153	OPENDOOR TECHNOLOGIES INC	OPENZ	29,090	$29,963	0.01%