Institutional Manager · CIK 0001513126
Wharton Business Group, LLC
MALVERN, PA · File #028-14403
Latest AUM
$2.63B
Positions
141
Top-10 Concentration
55.5%
Filings
9
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 |
|---|---|---|---|---|---|
| ADD | SELECT SECTOR SPDR TR | 81369Y803 | +245,957 | +$35.4M | -$35.6M |
| ADD | BLACKROCK ETF TRUST II | BLK | +498,275 | +$26.3M | -$856,034 |
| ADD | VANGUARD BD INDEX FDS | 92203C303 | +50,610 | +$2.5M | -$211,773 |
| REDUCE | ALPHABET INC | GOOG | -7,000 | -$2.2M | +$2.2M |
| REDUCE | ISHARES TR | 46435U556 | -34,360 | -$1.7M | +$2.4M |
| REDUCE | JPMORGAN CHASE & CO. | VYLD | -4,685 | -$1.5M | +$1.1M |
| REDUCE | APPLE INC | AAPL | -5,239 | -$1.4M | +$7.5M |
| REDUCE | GOLDMAN SACHS GROUP INC | GSCE | -1,590 | -$1.4M | +$4.2M |
| REDUCE | ISHARES TR | 46432F388 | -10,155 | -$1.4M | +$14.1M |
| REDUCE | ISHARES INC | 46434G103 | -16,110 | -$1.1M | +$1.6M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025141 pos · $2.63B
- 13F HOLDINGS REPORTQ/E Sep 2025140 pos · $2.29B
- 13F HOLDINGS REPORTQ/E Jun 2025137 pos · $2.4M
- 13F HOLDINGS REPORTQ/E Mar 2025137 pos · $2.2M
- 13F HOLDINGS REPORTQ/E Dec 2024137 pos · $2.2M
- 13F HOLDINGS REPORTQ/E Sep 2024141 pos · $2.2M
- 13F HOLDINGS REPORTQ/E Jun 2024138 pos · $1.9M
- 13F HOLDINGS REPORTQ/E Mar 2024135 pos · $2.1M
- 13F HOLDINGS REPORTQ/E Dec 2023139 pos · $1.8M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 46432F339 | 1,202,274 | $238.8M | 9.50% |
| 2 | ISHARES TR | 46432F388 | 1,196,152 | $163.6M | 6.50% |
| 3 | INVESCO EXCH TRADED FD TR II | IVZ | 1,825,463 | $153.9M | 6.12% |
| 4 | ISHARES TR | 46429B689 | 1,761,493 | $151.9M | 6.04% |
| 5 | ISHARES INC | 464286533 | 2,289,163 | $146.6M | 5.83% |
| 6 | VANGUARD WHITEHALL FDS | 921946406 | 892,467 | $128.1M | 5.09% |
| 7 | BLACKROCK ETF TRUST II | BLK | 2,319,295 | $122.4M | 4.87% |
| 8 | APPLE INC | AAPL | 430,887 | $117.1M | 4.66% |
| 9 | ISHARES TR | 46435U713 | 1,714,900 | $90.2M | 3.59% |
| 10 | ISHARES INC | 46434G103 | 1,245,797 | $83.7M | 3.33% |
| 11 | ISHARES TR | 464287200 | 113,759 | $77.9M | 3.10% |
| 12 | SELECT SECTOR SPDR TR | 81369Y803 | 503,949 | $72.6M | 2.89% |
| 13 | VANGUARD INTL EQUITY INDEX F | 922042775 | 974,254 | $71.7M | 2.85% |
| 14 | VANGUARD BD INDEX FDS | 92203C303 | 1,418,534 | $70.7M | 2.81% |
| 15 | ISHARES TR | 464289438 | 201,169 | $55.7M | 2.22% |
| 16 | INVESCO EXCHANGE TRADED FD T | IVZ | 288,593 | $55.3M | 2.20% |
| 17 | JPMORGAN CHASE & CO. | VYLD | 162,578 | $52.4M | 2.08% |
| 18 | ISHARES TR | 46435U556 | 954,682 | $46.0M | 1.83% |
| 19 | GOLDMAN SACHS GROUP INC | GSCE | 48,781 | $42.9M | 1.71% |
| 20 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 81,897 | $41.2M | 1.64% |