Institutional Manager · CIK 0001767940

Wolff Financial Management LLC

KALAMAZOO, MI · File #028-19175

Latest AUM

$444.6M

Positions

101

Top-10 Concentration

76.5%

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
EXITED	KELLANOVA	487836108	-29,157	-$2.4M	$0
ADD	VANGUARD SCOTTSDALE FDS	92206C409	+18,016	+$1.4M	-$73,496
ADD	VANGUARD SCOTTSDALE FDS	92206C102	+19,883	+$1.2M	-$52,642
ADD	VANGUARD TAX-MANAGED FDS	921943858	+18,529	+$1.2M	+$1.8M
ADD	VANGUARD MALVERN FDS	922020748	+14,706	+$1.1M	-$81,881
ADD	SPDR SERIES TRUST	78464A763	+6,936	+$965,212	-$220,096
ADD	ISHARES TR	46434V621	+12,491	+$867,126	+$720,056
ADD	VANGUARD INDEX FDS	922908751	+2,724	+$702,658	+$432,033
ADD	VANGUARD INDEX FDS	922908629	+1,997	+$579,572	-$305,912
ADD	VANGUARD WHITEHALL FDS	921946406	+3,376	+$484,523	+$557,423

Sector Allocation

3.5%$15.4M

2.6%$11.7M

2.4%$10.6M

1.7%$7.6M

1.2%$5.3M

0.7%$2.9M

Consumer Discretionary

0.5%$2.0M

Communication Services

0.4%$1.9M

Filing History

Feb 6, 202613F HOLDINGS REPORTQ/E Dec 2025101 pos · $444.6M
Oct 20, 202513F HOLDINGS REPORTQ/E Sep 2025101 pos · $430.8M
Jul 9, 202513F HOLDINGS REPORTQ/E Jun 202598 pos · $387,141
Apr 24, 202513F HOLDINGS REPORTQ/E Mar 202597 pos · $361,034
Jan 21, 202513F HOLDINGS REPORTQ/E Dec 202494 pos · $360,387
Oct 24, 202413F HOLDINGS REPORTQ/E Sep 202498 pos · $368,134
Jul 18, 202413F HOLDINGS REPORTQ/E Jun 202442 pos · $135,450
Apr 24, 202413F HOLDINGS REPORTQ/E Mar 202497 pos · $343,062
Oct 30, 202313F HOLDINGS REPORTQ/E Dec 202396 pos · $292,954

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD INDEX FDS	922908736	91,456	$44.6M	10.59%
2	VANGUARD TAX-MANAGED FDS	921943858	711,722	$44.5M	10.55%
3	ISHARES TR	46434V621	549,843	$38.2M	9.06%
4	SPDR SERIES TRUST	78464A763	254,175	$35.4M	8.39%
5	VANGUARD WHITEHALL FDS	921946406	220,265	$31.6M	7.50%
6	VANGUARD INDEX FDS	922908751	120,425	$31.1M	7.37%
7	VANGUARD SCOTTSDALE FDS	92206C409	385,423	$30.7M	7.29%
8	VANGUARD SCOTTSDALE FDS	92206C102	458,434	$26.9M	6.39%
9	VANGUARD INDEX FDS	922908629	88,940	$25.8M	6.12%
10	VANGUARD MALVERN FDS	922020748	173,665	$13.5M	3.21%
11	VANGUARD INDEX FDS	922908538	40,661	$11.4M	2.69%
12	ELI LILLY & CO	LLY	8,196	$8.8M	2.09%
13	VANGUARD INDEX FDS	922908595	19,832	$6.0M	1.42%
14	SPDR INDEX SHS FDS	78463X509	120,839	$5.7M	1.34%
15	INVESCO EXCHANGE TRADED FD T	IVZ	104,549	$4.9M	1.16%
16	APPLE INC	AAPL	17,571	$4.8M	1.13%
17	VANGUARD WORLD FD	92204A702	5,703	$4.3M	1.02%
18	MARZETTI COMPANY	MZTI	24,473	$4.0M	0.95%
19	ISHARES TR	46429B663	32,078	$3.9M	0.93%
20	VANGUARD INDEX FDS	922908611	16,622	$3.5M	0.84%