Institutional Manager · CIK 0002039918

Seros Financial, LLC

Tempe, AZ · File #028-24572

Latest AUM

$170.5M

Positions

Top-10 Concentration

71.5%

Filings

Portfolio Value Over Time

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	GLOBAL X FDS	37954Y574	-204,769	-$9.5M	-$31,179
EXITED	PATHWARD FINANCIAL INC	59100U108	-6,499,163	-$6.5M	$0
ADD	INVESCO EXCH TRADED FD TR II	IVZ	+22,121	+$2.6M	-$350,439
ADD	ISHARES TR	464289438	+6,443	+$1.8M	+$115,790
ADD	INVESCO EXCHANGE TRADED FD T	IVZ	+25,230	+$1.5M	+$239,587
ADD	BERKSHIRE HATHAWAY INC DEL	BRK-A	+2,437	+$1.2M	-$1,775
NEW	VANGUARD BD INDEX FDS	921937819	+13,636	+$1.1M	$0
ADD	SCHWAB STRATEGIC TR	808524201	+37,154	+$999,814	+$50,653
ADD	FIRST TR EXCH TRADED FD III	33739E108	+45,730	+$833,201	-$9,256
ADD	INVESCO EXCH TRADED FD TR II	IVZ	+2,395	+$605,707	+$6,277

Sector Allocation

Financials

37.0%$63.0M

Materials

9.0%$15.4M

Technology

3.7%$6.3M

Consumer Discretionary

1.3%$2.2M

Industrials

1.2%$2.1M

Healthcare

0.3%$490,899

Communication Services

0.2%$340,024

Filing History

Feb 6, 202613F HOLDINGS REPORTQ/E Dec 202561 pos · $170.5M
Dec 11, 202513F HOLDINGS REPORT (Amended)Q/E Dec 202563 pos · $165.3M
Nov 5, 202513F HOLDINGS REPORTQ/E Sep 202564 pos · $171.8M
Jul 21, 202513F HOLDINGS REPORTQ/E Jun 202561 pos · $157.8M
Apr 16, 202513F HOLDINGS REPORTQ/E Mar 202555 pos · $133.8M
Jan 17, 202513F HOLDINGS REPORTQ/E Dec 202452 pos · $111.1M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	INVESCO EXCH TRADED FD TR II	IVZ	223,525	$26.7M	15.87%
2	INVESCO QQQ TR	IVZ	27,523	$16.9M	10.06%
3	BERKSHIRE HATHAWAY INC DEL	BRK-A	23,725	$11.9M	7.10%
4	ISHARES TR	464289438	41,706	$11.5M	6.87%
5	SCHWAB STRATEGIC TR	808524805	475,062	$11.4M	6.80%
6	INVESCO EXCHANGE TRADED FD T	IVZ	161,359	$9.6M	5.69%
7	FIRST TR EXCH TRADED FD III	33739E108	508,703	$9.3M	5.52%
8	INNOVATOR ETFS TRUST	INHD	220,808	$8.1M	4.81%
9	FIRST TR EXCHNG TRADED FD VI	33740U752	224,867	$8.1M	4.80%
10	FIRST TR EXCHNG TRADED FD VI	33740F755	197,856	$6.8M	4.03%
11	INVESCO EXCHANGE TRADED FD T	IVZ	78,173	$5.6M	3.35%
12	DBX ETF TR	233051283	100,542	$4.5M	2.69%
13	VANGUARD BD INDEX FDS	921937835	54,172	$4.0M	2.39%
14	INNOVATOR ETFS TRUST	INHD	79,137	$3.9M	2.35%
15	SCHWAB STRATEGIC TR	808524201	126,019	$3.4M	2.02%
16	NVIDIA CORPORATION	NVDA	12,395	$2.3M	1.38%
17	ORION GROUP HLDGS INC	ORN	162,134	$1.6M	0.96%
18	INVESCO EXCH TRADED FD TR II	IVZ	82,561	$1.5M	0.91%
19	SPDR S&P 500 ETF TR	SPY	2,225	$1.5M	0.90%
20	AMAZON COM INC	AMZN	5,862	$1.4M	0.81%