Institutional Manager · CIK 0002010632

EHRLICH FINANCIAL GROUP

LAGUNA NIGUEL, CA · File #028-23747

Latest AUM

$175.7M

Positions

110

Top-10 Concentration

48.8%

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	J P MORGAN EXCHANGE TRADED F	46641Q761	-66,144	-$4.2M	+$32,191
ADD	ISHARES TR	464287101	+9,210	+$3.2M	+$134,945
ADD	GLOBAL X FDS	37960A529	+45,039	+$2.9M	-$18,671
ADD	SELECT SECTOR SPDR TR	81369Y803	+16,108	+$2.3M	-$3.1M
ADD	ISHARES TR	464287408	+8,875	+$1.9M	+$239,734
ADD	SPDR INDEX SHS FDS	78463X509	+37,741	+$1.8M	-$7
REDUCE	ISHARES SILVER TR	SLV	-23,512	-$1.5M	+$687,297
ADD	VANGUARD SPECIALIZED FUNDS	921908844	+6,397	+$1.4M	+$43,612
EXITED	ISHARES TR	464287879	-11,781	-$1.3M	$0
REDUCE	ISHARES TR	464288877	-17,916	-$1.3M	+$252,664

Sector Allocation

Financials

14.8%$25.9M

Technology

2.0%$3.5M

Healthcare

1.3%$2.3M

Consumer Discretionary

0.4%$743,036

Industrials

0.2%$294,706

Communication Services

0.1%$205,315

Filing History

Jan 6, 202613F HOLDINGS REPORTQ/E Dec 2025110 pos · $175.7M
Oct 17, 202513F HOLDINGS REPORTQ/E Sep 2025110 pos · $168.5M
Jul 8, 202513F HOLDINGS REPORTQ/E Jun 2025109 pos · $154.4M
Apr 11, 202513F HOLDINGS REPORTQ/E Mar 2025102 pos · $137.2M
Jan 13, 202513F HOLDINGS REPORTQ/E Dec 2024106 pos · $140.7M
Oct 7, 202413F HOLDINGS REPORTQ/E Sep 2024108 pos · $140.2M
Jul 12, 202413F HOLDINGS REPORTQ/E Jun 2024100 pos · $126.7M
Apr 15, 202413F HOLDINGS REPORTQ/E Mar 202499 pos · $118.8M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464287309	104,870	$12.9M	8.59%
2	ISHARES TR	464287408	52,010	$11.0M	7.33%
3	BLACKROCK ETF TRUST	BLK	156,797	$9.5M	6.33%
4	ISHARES TR	464287101	22,556	$7.7M	5.14%
5	AMERICAN CENTY ETF TR	025072885	65,831	$7.4M	4.89%
6	SPDR INDEX SHS FDS	78463X509	146,367	$6.9M	4.55%
7	SELECT SECTOR SPDR TR	81369Y803	38,393	$5.5M	3.67%
8	ISHARES GOLD TR	IAU	55,460	$4.5M	2.99%
9	BLACKROCK ETF TRUST	BLK	104,055	$4.0M	2.67%
10	ISHARES TR	464288356	68,904	$4.0M	2.63%
11	VANGUARD SPECIALIZED FUNDS	921908844	17,327	$3.8M	2.53%
12	ISHARES TR	464288877	52,648	$3.8M	2.50%
13	BLACKROCK ETF TRUST II	BLK	70,361	$3.7M	2.47%
14	J P MORGAN EXCHANGE TRADED F	46641Q761	52,846	$3.3M	2.22%
15	ISHARES TR	46432F396	13,306	$3.3M	2.21%
16	J P MORGAN EXCHANGE TRADED F	46641Q332	56,098	$3.2M	2.13%
17	GLOBAL X FDS	37960A529	48,465	$3.1M	2.09%
18	BONDBLOXX ETF TRUST	09789C812	62,637	$2.9M	1.92%
19	SPDR SERIES TRUST	78464A383	127,656	$2.9M	1.90%
20	VANGUARD CHARLOTTE FDS	92203J407	54,428	$2.6M	1.75%