Institutional Manager · CIK 0001894921

Whelan Financial

FRESNO, CA · File #028-21428

Latest AUM

$320.1M

Positions

Top-10 Concentration

78.9%

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
REDUCE	INVESCO EXCH TRADED FD TR II	IVZ	-4,992	-$1.3M	+$1.3M
ADD	VANGUARD MALVERN FDS	922020805	+13,487	+$667,067	-$491,718
ADD	ALPHABET INC	GOOG	+1,740	+$546,025	+$783,976
ADD	ISHARES TR	464287572	+3,519	+$445,749	+$248,984
ADD	VANGUARD BD INDEX FDS	921937835	+5,870	+$434,791	-$63,709
NEW	WASTE MGMT INC DEL	94106L109	+1,919	+$421,623	$0
ADD	VANGUARD SCOTTSDALE FDS	92206C409	+4,921	+$392,350	-$42,741
ADD	NETFLIX INC	NFLX	+4,172	+$391,166	-$742,667
ADD	SCHWAB STRATEGIC TR	808524797	+11,531	+$316,295	+$229,857
NEW	FIRST TR EXCHANGE TRADED FD	33738R506	+4,400	+$305,668	$0

Sector Allocation

Financials

18.1%$57.9M

Technology

9.0%$28.9M

Consumer Discretionary

2.2%$7.1M

Communication Services

1.4%$4.3M

0.6%$1.9M

0.5%$1.7M

0.4%$1.3M

0.1%$319,848

Filing History

Feb 2, 202613F HOLDINGS REPORTQ/E Dec 202595 pos · $320.1M
Oct 29, 202513F HOLDINGS REPORTQ/E Sep 202597 pos · $315.5M
Jul 21, 202513F HOLDINGS REPORTQ/E Jun 202565 pos · $276.6M
Apr 29, 202513F HOLDINGS REPORTQ/E Mar 202563 pos · $257.1M
Feb 14, 202513F HOLDINGS REPORTQ/E Dec 202459 pos · $254.3M
Oct 28, 202413F HOLDINGS REPORTQ/E Sep 202443 pos · $242.8M
Jul 29, 202413F HOLDINGS REPORTQ/E Jun 202440 pos · $223.9M
Apr 19, 202413F HOLDINGS REPORTQ/E Mar 202442 pos · $219.0M
Oct 23, 202313F HOLDINGS REPORTQ/E Dec 202334 pos · $189.6M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	INVESCO EXCH TRADED FD TR II	IVZ	210,801	$53.3M	17.36%
2	SCHWAB STRATEGIC TR	808524797	1,779,778	$48.8M	15.90%
3	VANGUARD INDEX FDS	922908751	129,440	$33.4M	10.87%
4	VANGUARD INDEX FDS	922908553	259,514	$23.0M	7.48%
5	VANGUARD MALVERN FDS	922020805	433,770	$21.5M	6.99%
6	VANGUARD SCOTTSDALE FDS	92206C409	218,538	$17.4M	5.67%
7	VANGUARD BD INDEX FDS	921937835	218,253	$16.2M	5.26%
8	VANGUARD INDEX FDS	922908629	46,574	$13.5M	4.40%
9	APPLE INC	AAPL	33,560	$9.1M	2.97%
10	NVIDIA CORPORATION	NVDA	33,418	$6.2M	2.03%
11	MICROSOFT CORP	MSFT	11,377	$5.5M	1.79%
12	ISHARES TR	464287572	40,903	$5.2M	1.69%
13	ALPHABET INC	GOOG	12,899	$4.0M	1.32%
14	META PLATFORMS INC	META	5,882	$3.9M	1.26%
15	AMAZON COM INC	AMZN	13,641	$3.1M	1.03%
16	ISHARES TR	464289438	9,759	$2.7M	0.88%
17	LOWES COS INC	548661107	10,346	$2.5M	0.81%
18	VANGUARD INDEX FDS	922908769	6,925	$2.3M	0.76%
19	SCHWAB STRATEGIC TR	808524607	72,325	$2.1M	0.67%
20	BERKSHIRE HATHAWAY INC DEL	BRK-A	4,044	$2.0M	0.66%