Institutional Manager · CIK 0001512779

SRH ADVISORS, LLC

SALINA, KS · File #028-14185

Latest AUM

$347.3M

Positions

293

Top-10 Concentration

89.0%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
REDUCE	SCHWAB STRATEGIC TR	808524797	-26,997	-$740,528	+$118,248
NEW	VANGUARD SCOTTSDALE FDS	92206C870	+7,800	+$653,250	$0
ADD	AMERICAN CENTY ETF TR	025072349	+7,421	+$562,289	+$199,635
ADD	VANGUARD SCOTTSDALE FDS	92206C409	+6,275	+$500,306	-$1,193
NEW	AMERICAN CENTY ETF TR	025072125	+6,896	+$487,133	$0
REDUCE	CHEVRON CORP NEW	CVX	-1,500	-$228,615	-$7,278
ADD	PRICE T ROWE GROUP INC	TROW	+2,060	+$210,903	-$274
ADD	SCHWAB STRATEGIC TR	808524102	+7,622	+$199,925	+$201,682
REDUCE	SCHWAB STRATEGIC TR	808524870	-6,688	-$177,165	-$9,416
REDUCE	TANGER FACTORY OUTLET CTRS I	SKT	-4,634	-$154,635	-$2,681

Sector Allocation

Financials

2.1%$7.2M

Technology

1.9%$6.6M

Consumer Staples

1.0%$3.4M

Consumer Discretionary

0.9%$3.3M

Utilities

0.6%$2.1M

Healthcare

0.5%$1.6M

Industrials

0.4%$1.4M

Communication Services

0.2%$621,680

Energy

0.1%$467,471

Real Estate

0.1%$284,985

Materials

0.0%$109,252

Filing History

Jan 21, 202613F COMBINATION REPORTQ/E Dec 2025293 pos · $347.3M
Oct 17, 202513F COMBINATION REPORTQ/E Sep 2025277 pos · $342.5M
Jul 22, 202513F COMBINATION REPORTQ/E Jun 2025268 pos · $328.8M
May 5, 202513F COMBINATION REPORTQ/E Mar 2025269 pos · $323.9M
Jan 29, 202513F COMBINATION REPORTQ/E Dec 2024281 pos · $337.1M
Nov 1, 202413F COMBINATION REPORTQ/E Sep 2024285 pos · $329.4M
Aug 6, 202413F COMBINATION REPORTQ/E Jun 2024290 pos · $298.7M
Apr 26, 202413F COMBINATION REPORTQ/E Mar 2024307 pos · $315.5M
Oct 31, 202313F COMBINATION REPORTQ/E Dec 2023292 pos · $205.1M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ELEVATION SERIES TRUST	210322103	4,308,340	$170.7M	51.11%
2	ELEVATION SERIES TRUST	210322301	879,272	$46.6M	13.96%
3	SCHWAB STRATEGIC TR	808524797	882,564	$24.2M	7.25%
4	JPMORGAN CHASE & CO	VYLD	57,220	$18.4M	5.52%
5	SCHWAB STRATEGIC TR	808524102	395,503	$10.4M	3.11%
6	COHEN & STEERS INFRASTRUCTUR	19248A109	408,289	$9.8M	2.95%
7	BERKSHIRE HATHAWAY INC DEL	BRK-A	9,737	$4.9M	1.47%
8	AMERICAN CENTY ETF TR	025072349	64,297	$4.9M	1.46%
9	EVERCORE INC	EVR	11,525	$3.9M	1.17%
10	SRH TOTAL RETURN FUND INC	STEW	188,773	$3.5M	1.05%
11	ISHARES TR	464287200	4,879	$3.3M	1.00%
12	VANGUARD INDEX FDS	922908363	5,074	$3.2M	0.95%
13	VANGUARD GROUP	921908844	12,865	$2.8M	0.85%
14	MICROSOFT CORP	MSFT	5,424	$2.6M	0.79%
15	WALMART INC	WMT	17,802	$2.0M	0.59%
16	APPLE INC	AAPL	6,766	$1.8M	0.55%
17	VANGUARD WHITEHALL FDS INC	921946406	11,203	$1.6M	0.48%
18	BERKSHIRE HATHAWAY INC DEL	BRK-A	2	$1.5M	0.45%
19	WILLIS TOWERS WATSON PUB LTD	WTW	4,486	$1.5M	0.44%
20	SOUTHERN CO	SOMN	12,612	$1.1M	0.33%