Allegheny Financial Group
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Allegheny Financial Group reported 230 stock positions worth $390.1 million. Its top holding was Erie Indemnity Class A (ERIE) at 7.1% of the portfolio, followed by NVR (NVR, 5.6%) and Putnam Focused LRG Cap Value (PVAL, 5.0%). Compared with Q4 2024, it opened 18 new positions, sold out of 17, added to 79 and reduced 105. The biggest buy was Putnam Focused LRG Cap Value (PVAL, shares +48%) and the biggest sale an exit from Quinstreet (QNST).
- Most Recent 13F
- Q2 2026
- Location
- Pittsburgh, PA
- CIK
- 0001844148
- Portfolio Value
- $390.1M (Q1 2025)
- SEC Filing
- 0001085146-25-003057 ↗ filed May 13, 2025
Holdings Value
Holdings 230 stocks · $390.1M
| ERIE Erie Indemnity Company Class A | 7.05% | 65,637 | $27.5M | Reduce -0.2% |
| NVR NVR Inc. | 5.60% | 3,013 | $21.8M | Reduce -0.5% |
| PVAL Putnam Focused LRG Cap Value | 4.99% | 511,611 | $19.5M | Add +47.7% |
| DGRO iShares Core Dividend Growth | 4.92% | 310,713 | $19.2M | Add +0.6% |
| AAPL Apple Inc. | 4.46% | 78,247 | $17.4M | Add +0.3% |
| ANSS Ansys Inc. | 4.19% | 51,678 | $16.4M | No change |
| SCHG Schwab US Large-Cap Growth | 4.02% | 626,746 | $15.7M | Add +0.4% |
| XOM Exxon Mobil Corp. | 3.89% | 127,626 | $15.2M | Reduce -2.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.34% | 24,484 | $13.0M | Reduce -8.1% |
| FBND Fidelity Total Bond ETF | 2.16% | 184,593 | $8.4M | Reduce -12.3% |
| MSFT Microsoft Corp. | 2.12% | 22,002 | $8.3M | Add +7.4% |
| PPG PPG Industries Inc. | 1.99% | 71,147 | $7.8M | Add +1.6% |
| FBTC Fidelity Wise Origin Bitcoin | 1.95% | 105,484 | $7.6M | Add +53.4% |
| IMCG iShares Morningstar Mid-Cap | 1.71% | 93,276 | $6.7M | Add +60.5% |
| LLY Eli Lilly & Co. | 1.67% | 7,890 | $6.5M | Reduce -0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.08% | 7,520 | $4.2M | Add +1.0% |
| IJH iShares Core S&P Midcap ETF | 1.07% | 71,369 | $4.2M | Add +26.1% |
| IYR iShares US Real Estate ETF | 0.88% | 35,947 | $3.4M | Reduce -1.2% |
| IAGG iShares Intl Aggregate Bond | 0.86% | 66,901 | $3.3M | Reduce -0.5% |
| RSP Invesco S&P 500 Equal Weight | 0.85% | 19,158 | $3.3M | Add +13.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.78% | 12,213 | $3.0M | Reduce -2.7% |
| VTWG Vanguard Russell 2000 Growth | 0.72% | 15,160 | $2.8M | Reduce -2.8% |
| PG The Procter & Gamble Co. | 0.72% | 16,449 | $2.8M | Add +2.1% |
| MRK Merck & Co. Inc. | 0.71% | 30,859 | $2.8M | Add +4.2% |
| AMZN Amazon.com Inc. | 0.65% | 13,416 | $2.6M | Reduce -6.6% |
| AMGN Amgen Inc. | 0.64% | 8,001 | $2.5M | Add +0.9% |
| GOOG Alphabet Inc. Class C | 0.63% | 15,839 | $2.5M | Add +8.8% |
| JPM JPMorgan Chase & Co. | 0.62% | 9,783 | $2.4M | Add +17.3% |
| IWD iShares Russell 1000 Value E | 0.61% | 12,656 | $2.4M | Add +4.4% |
| PM Philip Morris International | 0.56% | 13,761 | $2.2M | Add +0.5% |
| IWF iShares Russell 1000 Growth | 0.54% | 5,868 | $2.1M | Add +7.1% |
| GOOGL Alphabet Inc. Class A | 0.54% | 13,585 | $2.1M | Add +8.1% |
| BYM BlackRock Muni Inc. QLTY | 0.53% | 192,762 | $2.1M | Reduce -4.4% |
| PNC PNC Financial Services Group | 0.52% | 11,643 | $2.0M | Add +2.9% |
| AFL Aflac Inc. | 0.51% | 17,921 | $2.0M | Reduce -0.5% |
| ABBV Abbvie Inc. | 0.50% | 9,323 | $2.0M | Reduce -1.6% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.50% | 16,175 | $1.9M | Add +1.7% |
| JNJ Johnson & Johnson | 0.49% | 11,556 | $1.9M | Reduce -4.4% |
| COST Costco Wholesale Corp. | 0.49% | 2,011 | $1.9M | Add +0.5% |
| VTWV Vanguard Russell 2000 Value | 0.48% | 14,154 | $1.9M | Add +147.4% |
| SUB iShares Short-Term National | 0.47% | 17,426 | $1.8M | Reduce -5.7% |
| BSX Boston Scientific Corp. | 0.46% | 17,670 | $1.8M | Reduce -0.4% |
| IWP iShares Russell Mid-Cap Grow | 0.44% | 14,579 | $1.7M | Reduce -5.1% |
| AVGO Broadcom Inc. | 0.43% | 10,070 | $1.7M | Add +0.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.43% | 6,044 | $1.7M | Reduce -0.5% |
| IWB iShares Russell 1000 ETF | 0.42% | 5,392 | $1.7M | Add +0.0% |
| IVV iShares Core S&P 500 ETF | 0.42% | 2,919 | $1.6M | Reduce -16.9% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.41% | 19,288 | $1.6M | Reduce -4.6% |
| VZ Verizon Communications Inc. | 0.38% | 32,557 | $1.5M | Reduce -3.4% |
| T AT&T Inc. | 0.37% | 51,471 | $1.5M | Add +21.9% |
| UNP Union Pacific Corp. | 0.37% | 6,126 | $1.4M | Reduce -25.5% |
| EFG iShares MSCI Eafe Growth ETF | 0.37% | 14,452 | $1.4M | Reduce -3.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.37% | 3,888 | $1.4M | Reduce -10.2% |
| HSY The Hershey Co. | 0.35% | 7,991 | $1.4M | Reduce -0.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.34% | 5,952 | $1.3M | Reduce -5.8% |
| CAT Caterpillar Inc. | 0.34% | 3,977 | $1.3M | Add +17.8% |
| CVX Chevron Corp. | 0.33% | 7,746 | $1.3M | Add +6.4% |
| IWN iShares Russell 2000 Value E | 0.33% | 8,519 | $1.3M | Add +2.4% |
| CI The Cigna Group | 0.32% | 3,774 | $1.2M | No change |
| AXP American Express Co. | 0.32% | 4,566 | $1.2M | Reduce -1.2% |
| NVDA Nvidia Corp. | 0.31% | 11,303 | $1.2M | Add +34.7% |
| NEE Nextera Energy Inc. | 0.29% | 16,081 | $1.1M | Reduce -2.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.29% | 4,353 | $1.1M | Add +8.7% |
| HD Home Depot Inc. | 0.29% | 3,068 | $1.1M | Reduce -2.8% |
| MPC Marathon Petroleum Corp. | 0.29% | 7,678 | $1.1M | Reduce -0.1% |
| PFE Pfizer Inc. | 0.29% | 43,996 | $1.1M | Reduce -0.3% |
| INN Summit Hotel Properties Inc. | 0.28% | 203,169 | $1.1M | Reduce -3.9% |
| SO The Southern Co. | 0.28% | 11,853 | $1.1M | Reduce -0.8% |
| ETHO Amplify Etho Climate Leaders | 0.28% | 19,772 | $1.1M | Add +1.7% |
| DE Deere & Co. | 0.27% | 2,225 | $1.0M | Add +28.2% |
| IWS iShares Russell Mid-Cap Valu | 0.26% | 8,121 | $1.0M | Reduce -7.6% |
| ISRG Intuitive Surgical Inc. | 0.26% | 2,027 | $1.0M | Reduce -2.9% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.26% | 11,917 | $999K | Reduce -0.1% |
| FTRB Fed Hermes TTL RTRN BND | 0.25% | 39,283 | $984K | New |
| MO Altria Group Inc. | 0.25% | 16,301 | $978K | Add +1.0% |
| QUAL iShares MSCI USA Quality Fac | 0.25% | 5,713 | $976K | Reduce -0.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.25% | 2,000 | $970K | Reduce -0.9% |
| TPL Texas Pacific Land Corp. | 0.25% | 727 | $964K | No change |
| ABT Abbott Laboratories | 0.24% | 7,098 | $942K | Reduce -1.0% |
| KO The Coca-Cola Co. | 0.24% | 13,134 | $941K | Reduce -4.7% |
| IJR iShares Core S&P Small-Cap E | 0.24% | 8,884 | $929K | Add +21.9% |
| VEU Vanguard Ftse All-World Ex-U | 0.24% | 15,194 | $922K | Add +0.3% |
| COP Conocophillips | 0.24% | 8,752 | $919K | Add +6.1% |
| V Visa Inc. Class A | 0.23% | 2,607 | $914K | Reduce -3.3% |
| META Meta Platforms Inc. Class A | 0.23% | 1,528 | $881K | Add +39.0% |
| GDX Vaneck Gold Miners ETF | 0.23% | 19,135 | $880K | Reduce -1.6% |
| QLTY GMO U.S. Quality ETF | 0.22% | 27,817 | $870K | New |
| GE General Electric filed as GE AEROSPACE | 0.22% | 4,340 | $869K | Reduce -2.2% |
| IWM iShares Russell 2000 ETF | 0.22% | 4,322 | $862K | Add +28.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.22% | 1,838 | $862K | Add +4.1% |
| EQWL Invesco S&P 100 Equal Weight | 0.22% | 8,185 | $844K | Add +0.5% |
| DKS Dick's Sporting Goods Inc. | 0.21% | 4,110 | $828K | Reduce -1.5% |
| SCZ iShares MSCI Eafe Small-Cap | 0.21% | 13,010 | $827K | Reduce -9.1% |
| MCD McDonald's Corp. | 0.21% | 2,581 | $806K | Reduce -12.9% |
| NSC Norfolk Southern Corp. | 0.21% | 3,402 | $806K | No change |
| TT Trane Technologies PLC | 0.20% | 2,352 | $793K | Add +76.6% |
| QCOM Qualcomm Inc. | 0.20% | 5,136 | $789K | Add +46.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.20% | 18,831 | $786K | Add +5.0% |
| IWO iShares Russell 2000 Growth | 0.20% | 3,071 | $785K | Add +6.3% |
| TSLA Tesla Inc. | 0.20% | 2,960 | $767K | Reduce -17.5% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $4K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| DRTSW Alpha Tau Medical Ltd. -27 | *W EXP 99/99/999 | 15,000 | $4K | No change |
Total filed on the 13F, all lines: $390.1M.
Portfolio Sells Q4 2024 → Q1 2025
| QNST Quinstreet Inc. | Sold out | 0.00% | −1.01 |
| NVR NVR Inc. | Reduce -0.5% | 5.60% | −0.78 |
| FBND Fidelity Total Bond ETF | Reduce -12.3% | 2.16% | −0.27 |
| TSLA Tesla Inc. | Reduce -17.5% | 0.20% | −0.18 |
| AMZN Amazon.com Inc. | Reduce -6.6% | 0.65% | −0.16 |
| CEG Constellation Energy | Reduce -48.8% | 0.13% | −0.16 |
| DESP Despegar.com Corp. | Sold out | 0.00% | −0.14 |
| FETH Fidelity Ethereum Fund | Reduce -17.2% | 0.10% | −0.12 |
| VTWG Vanguard Russell 2000 Growth | Reduce -2.8% | 0.72% | −0.12 |
| GLNG Golar LNG Ltd. | Sold out | 0.00% | −0.12 |
| UNP Union Pacific Corp. | Reduce -25.5% | 0.37% | −0.11 |
| IVV iShares Core S&P 500 ETF | Reduce -16.9% | 0.42% | −0.11 |
| AIG American International Group | Sold out | 0.00% | −0.10 |
| INN Summit Hotel Properties Inc. | Reduce -3.9% | 0.28% | −0.09 |
| CGDV Cap Group Dividend Value | Sold out | 0.00% | −0.09 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -10.2% | 0.37% | −0.09 |
| VSS Vanguard Ftse All Wo X-US SC | Sold out | 0.00% | −0.08 |
| CCJ Cameco Corp. | Sold out | 0.00% | −0.07 |
| D Dominion Energy Inc. | Sold out | 0.00% | −0.07 |
| TLN Talen Energy Corp. | Reduce -35.8% | 0.12% | −0.07 |
| NDAQ Nasdaq Inc. | Sold out | 0.00% | −0.07 |
| IWP iShares Russell Mid-Cap Grow | Reduce -5.1% | 0.44% | −0.06 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -4.6% | 0.41% | −0.06 |
| JGRO JPMorgan Active Growth ETF | Sold out | 0.00% | −0.06 |
| FCF First Commonwealth Finl Corp. | Reduce -24.4% | 0.13% | −0.06 |
| XLK SS Technology Select Sector | Sold out | 0.00% | −0.06 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.06 |
| TDW Tidewater Inc. | Sold out | 0.00% | −0.05 |
| VXF Vanguard Extended Market ETF | Sold out | 0.00% | −0.05 |
| IYW iShares Ustechnology ETF | Sold out | 0.00% | −0.05 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -5.8% | 0.34% | −0.05 |
| AMP Ameriprise Financial Inc. | Sold out | 0.00% | −0.05 |
| BP BP PLC-Spons ADR | Reduce -53.7% | 0.06% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -22.2% | 0.13% | −0.04 |
| AXP American Express Co. | Reduce -1.2% | 0.32% | −0.04 |
| NKE Nike Inc. Class B | Reduce -2.6% | 0.15% | −0.03 |
| DKS Dick's Sporting Goods Inc. | Reduce -1.5% | 0.21% | −0.03 |
| BYM BlackRock Muni Inc. QLTY | Reduce -4.4% | 0.53% | −0.03 |
| IWS iShares Russell Mid-Cap Valu | Reduce -7.6% | 0.26% | −0.03 |
| ETN Eaton Corp. PLC | Reduce -0.8% | 0.13% | −0.03 |
| ACIC American Coastal Insurance C | Reduce -26.1% | 0.05% | −0.03 |
| SUB iShares Short-Term National | Reduce -5.7% | 0.47% | −0.03 |
| HD Home Depot Inc. | Reduce -2.8% | 0.29% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.5% | 0.43% | −0.03 |
| MELI MercadoLibre Inc. | Reduce -39.9% | 0.06% | −0.03 |
| F Ford Motor Co. | Sold out | 0.00% | −0.03 |
| IMPP Imperial Petroleum Inc. | Reduce -29.0% | 0.03% | −0.03 |
| EXC Exelon Corp. | Reduce -35.3% | 0.09% | −0.02 |
| ACN Accenture PLC Class A | Reduce -9.8% | 0.09% | −0.02 |
| DHR Danaher Corp. | Reduce -0.2% | 0.18% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| PVAL Putnam Focused LRG Cap Value | Add +47.7% | 4.99% | +1.68 |
| IMCG iShares Morningstar Mid-Cap | Add +60.5% | 1.71% | +0.58 |
| FBTC Fidelity Wise Origin Bitcoin | Add +53.4% | 1.95% | +0.50 |
| VTWV Vanguard Russell 2000 Value | Add +147.4% | 0.48% | +0.27 |
| FTRB Fed Hermes TTL RTRN BND | New | 0.25% | +0.25 |
| QLTY GMO U.S. Quality ETF | New | 0.22% | +0.22 |
| IJH iShares Core S&P Midcap ETF | Add +26.1% | 1.07% | +0.16 |
| PM Philip Morris International | Add +0.5% | 0.56% | +0.14 |
| T AT&T Inc. | Add +21.9% | 0.37% | +0.13 |
| MPLX MPLX LP | New | 0.12% | +0.12 |
| AMGN Amgen Inc. | Add +0.9% | 0.64% | +0.11 |
| JPM JPMorgan Chase & Co. | Add +17.3% | 0.62% | +0.10 |
| APD Air Products & Chemicals Inc. | New | 0.10% | +0.10 |
| KMI Kinder Morgan Inc. | New | 0.09% | +0.09 |
| DGX Quest Diagnostics Inc. | New | 0.09% | +0.09 |
| RSP Invesco S&P 500 Equal Weight | Add +13.7% | 0.85% | +0.09 |
| NFLX Netflix Inc. | Add +111.4% | 0.16% | +0.09 |
| DE Deere & Co. | Add +28.2% | 0.27% | +0.08 |
| TT Trane Technologies PLC | Add +76.6% | 0.20% | +0.08 |
| FDX FedEx Corp. | New | 0.08% | +0.08 |
| EPD Enterprise Products Partners | New | 0.07% | +0.07 |
| MCK McKesson Corp. | New | 0.07% | +0.07 |
| QCOM Qualcomm Inc. | Add +46.8% | 0.20% | +0.06 |
| URTY Proshares Ultrapro RUSS2000 | New | 0.06% | +0.06 |
| CVX Chevron Corp. | Add +6.4% | 0.33% | +0.06 |
| META Meta Platforms Inc. Class A | Add +39.0% | 0.23% | +0.06 |
| INTC Intel Corp. | New | 0.06% | +0.06 |
| GLW Corning Inc. | New | 0.05% | +0.05 |
| ICUI Icu Medical Inc. | New | 0.05% | +0.05 |
| DTE DTE Energy Company | New | 0.05% | +0.05 |
| VSGX Vanguard ESG Intl Stock ETF | New | 0.05% | +0.05 |
| IJS iShares S&P Small-Cap 600 Va | New | 0.05% | +0.05 |
| VYMI Vanguard Int High DVD YLD Inc. | New | 0.05% | +0.05 |
| WMT Walmart Inc. | Add +49.6% | 0.17% | +0.05 |
| TQQQ Proshares Ultrapro QQQ | New | 0.05% | +0.05 |
| BA The Boeing Co. | Add +49.0% | 0.14% | +0.04 |
| WM Waste Management Inc. | Add +33.0% | 0.12% | +0.04 |
| DGRO iShares Core Dividend Growth | Add +0.6% | 4.92% | +0.04 |
| MO Altria Group Inc. | Add +1.0% | 0.25% | +0.03 |
| IWD iShares Russell 1000 Value E | Add +4.4% | 0.61% | +0.03 |
| IWM iShares Russell 2000 ETF | Add +28.8% | 0.22% | +0.03 |
| DOW Dow Inc. | Add +53.1% | 0.10% | +0.03 |
| COP Conocophillips | Add +6.1% | 0.24% | +0.02 |
| NVDA Nvidia Corp. | Add +34.7% | 0.31% | +0.02 |
| PG The Procter & Gamble Co. | Add +2.1% | 0.72% | +0.02 |
| IJR iShares Core S&P Small-Cap E | Add +21.9% | 0.24% | +0.02 |
| CAT Caterpillar Inc. | Add +17.8% | 0.34% | +0.02 |
| GLD SPDR Gold Shares | Add +0.9% | 0.13% | +0.02 |
| XLE SS Energy Select Sector | Add +10.7% | 0.11% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +8.7% | 0.29% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 305 | $942.0M | PVAL, IMCG, DHLX, CDIG, JFLX |
| Q1 2026 | 290 | $741.8M | PVAL, DHLX, JFLX, CDIG, DGRO |
| Q4 2025 | 286 | $675.6M | PVAL, JFLX, CDIG, DHLX, DGRO |
| Q3 2025 | 263 | $535.2M | PVAL, JFLX, NVR, DGRO, ERIE |
| Q2 2025 | 248 | $450.3M | PVAL, ERIE, NVR, DGRO, SCHG |
| Q1 2025 | 230 | $390.1M | ERIE, NVR, PVAL, DGRO, AAPL |
| Q4 2024 | 229 | $388.3M | ERIE, NVR, AAPL, DGRO, ANSS |
| Q3 2024 | 241 | $405.1M | ERIE, NVR, DGRO, AAPL, ANSS |
| Q2 2024 | 220 | $348.5M | ERIE, NVR, ANSS, DGRO, AAPL |
| Q1 2024 | 204 | $324.0M | ERIE, NVR, ANSS, DGRO, SCHG |