Institutional Manager · CIK 0001598611

Friedenthal Financial

MARLTON, NJ · File #028-15722

Latest AUM

$194.4M

Positions

251

Top-10 Concentration

48.9%

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
ADD	FIRST TR EXCHANGE-TRADED FD	33739Q200	+89,706	+$4.5M	+$15,096
NEW	JANUS DETROIT STR TR	47103U886	+85,761	+$4.2M	$0
ADD	ISHARES TR	464288281	+43,581	+$4.2M	+$203
NEW	ISHARES TR	46435G102	+42,557	+$4.2M	$0
REDUCE	ISHARES TR	464288588	-43,655	-$4.2M	+$3,329
EXITED	VANECK ETF TRUST	92189H300	-162,619	-$4.1M	$0
REDUCE	VANGUARD SCOTTSDALE FDS	92206C870	-47,555	-$4.0M	-$28,681
REDUCE	ISHARES TR	46434V407	-85,766	-$3.7M	-$81,355
NEW	EA SERIES TRUST	02072L565	+18,169	+$2.1M	$0
REDUCE	ISHARES TR	464287150	-9,345	-$1.4M	+$480,286

Sector Allocation

Financials

13.2%$25.7M

Technology

4.0%$7.8M

Consumer Discretionary

2.6%$5.1M

2.0%$3.8M

1.7%$3.3M

1.6%$3.1M

1.6%$3.0M

1.1%$2.2M

Communication Services

1.1%$2.1M

Materials

1.1%$2.1M

Real Estate

0.6%$1.1M

Filing History

Jan 27, 202613F HOLDINGS REPORTQ/E Dec 2025251 pos · $194.4M
Oct 15, 202513F HOLDINGS REPORTQ/E Sep 2025266 pos · $193.7M
Jul 23, 202513F HOLDINGS REPORTQ/E Jun 2025260 pos · $182.4M
Apr 21, 202513F HOLDINGS REPORTQ/E Mar 2025212 pos · $167.4M
Jan 13, 202513F HOLDINGS REPORTQ/E Dec 2024257 pos · $171.1M
Oct 17, 202413F HOLDINGS REPORTQ/E Sep 2024228 pos · $170.8M
Jul 16, 202413F HOLDINGS REPORTQ/E Jun 2024223 pos · $160.4M
Apr 25, 202413F HOLDINGS REPORTQ/E Mar 2024221 pos · $162.5M
Oct 17, 202313F HOLDINGS REPORTQ/E Dec 2023104 pos · $147.4M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464287150	148,643	$22.1M	14.98%
2	FIRST TR EXCHANGE-TRADED FD	33739Q200	165,186	$8.3M	5.60%
3	SCHWAB STRATEGIC TR	808524607	244,365	$7.0M	4.72%
4	ISHARES TR	464287507	95,000	$6.3M	4.25%
5	ISHARES TR	46429B747	54,894	$5.6M	3.81%
6	ISHARES INC	46434G509	136,762	$4.8M	3.22%
7	SELECT SECTOR SPDR TR	81369Y852	39,922	$4.7M	3.19%
8	ISHARES TR	46434V803	112,097	$4.6M	3.14%
9	ISHARES TR	46434V407	103,432	$4.4M	3.01%
10	INVESCO EXCHANGE TRADED FD T	IVZ	128,356	$4.4M	2.96%
11	JANUS DETROIT STR TR	47103U886	85,761	$4.2M	2.86%
12	ISHARES TR	464288281	43,768	$4.2M	2.86%
13	ISHARES TR	46435G102	42,557	$4.2M	2.84%
14	VANGUARD CHARLOTTE FDS	92203J407	84,415	$4.1M	2.76%
15	INVESCO EXCHANGE TRADED FD T	IVZ	119,056	$3.8M	2.57%
16	SCHWAB STRATEGIC TR	808524839	137,318	$3.2M	2.17%
17	INVESCO EXCHANGE TRADED FD T	IVZ	39,756	$3.0M	2.01%
18	VANGUARD SCOTTSDALE FDS	92206C870	32,117	$2.7M	1.82%
19	PIMCO ETF TR	72201R783	28,316	$2.7M	1.82%
20	INVESCO EXCH TRADED FD TR II	IVZ	50,093	$2.6M	1.79%