Berger Financial Group, Inc
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Berger Financial Group, Inc reported 408 stock positions worth $1.4 billion. Its top holding was Schwab US DVD Equity ETF (SCHD) at 5.0% of the portfolio, followed by Schwab US Large-Cap ETF (SCHX, 4.4%) and Pgim Jennison Focused Growth (PJFG, 4.2%). Compared with Q3 2024, it opened 48 new positions, sold out of 28, added to 154 and reduced 172. The biggest buy was Dimensional US Core Equity 2 (DFAC, shares +3183%) and the biggest sale an exit from Invesco Bulletshares 2024 CB (BSCO).
- Most Recent 13F
- Q2 2026
- Location
- PLYMOUTH, MN
- CIK
- 0001826136
- Portfolio Value
- $1.4B (Q4 2024)
- SEC Filing
- 0001172661-25-001074 ↗ filed Feb 14, 2025
Holdings Value
Holdings 408 stocks · $1.4B
| SCHD Schwab US DVD Equity ETF | 4.98% | 2,640,459 | $72.1M | Add +5.3% |
| SCHX Schwab US Large-Cap ETF | 4.36% | 2,725,374 | $63.2M | Add +1.7% |
| PJFG Pgim Jennison Focused Growth | 4.24% | 645,237 | $61.4M | Reduce -0.0% |
| SCHG Schwab US Large-Cap Growth | 4.12% | 2,139,171 | $59.6M | Add +7.0% |
| JBND JPMorgan Active Bond ETF | 4.11% | 1,137,984 | $59.5M | Add +1.6% |
| LMBS First Trust Low Duration Opp | 2.96% | 881,591 | $42.9M | Add +2.8% |
| AAPL Apple Inc. | 2.92% | 168,693 | $42.2M | Reduce -1.5% |
| FBT First Trust Nyse Arca Biotec | 1.77% | 154,272 | $25.6M | Add +1.3% |
| MSFT Microsoft Corp. | 1.68% | 57,542 | $24.3M | Reduce -2.0% |
| PYLD PIMCO Multisector Bond Actv | 1.67% | 931,277 | $24.1M | Add +1.3% |
| AGG iShares Core U.S. Aggregate | 1.57% | 233,885 | $22.7M | Reduce -2.8% |
| CHRW C.H. Robinson Worldwide Inc. | 1.55% | 216,906 | $22.4M | Reduce -0.7% |
| BBAG JPMorgan Betabuilders US Agg | 1.52% | 486,936 | $22.0M | Add +8.6% |
| HTRB Hartford TTL RTRN BND ETF | 1.50% | 652,200 | $21.7M | Add +11.8% |
| AMZN Amazon.com Inc. | 1.47% | 96,670 | $21.2M | Add +0.9% |
| NVDA Nvidia Corp. | 1.24% | 133,793 | $18.0M | Add +1.4% |
| GINN Goldman Sachs Innovate Eqty | 1.20% | 283,174 | $17.4M | Add +0.8% |
| VWO Vanguard Ftse Emerging Marke | 1.14% | 373,508 | $16.4M | Add +8.2% |
| SCHF Schwab Intl Equity ETF | 1.05% | 818,591 | $15.1M | Reduce -1.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.01% | 24,872 | $14.6M | Reduce -8.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.98% | 416,939 | $14.2M | Add +12.6% |
| COST Costco Wholesale Corp. | 0.98% | 15,418 | $14.1M | Reduce -0.6% |
| VOO Vanguard S&P 500 ETF | 0.95% | 25,595 | $13.8M | Add +28.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.95% | 33,437 | $13.7M | Add +6.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.94% | 80,249 | $13.6M | Add +0.7% |
| GOOGL Alphabet Inc. Class A | 0.89% | 68,104 | $12.9M | Add +0.0% |
| JCPB JPMorgan Core Plus Bond ETF | 0.89% | 279,308 | $12.9M | Add +0.1% |
| UNH Unitedhealth Group Inc. | 0.86% | 24,617 | $12.5M | Add +0.1% |
| AVMC Avantis US Mid Cap Eq ETF | 0.84% | 186,174 | $12.1M | Add +10.3% |
| AVSC Avantis US Small Cap Equity | 0.83% | 220,327 | $12.0M | Add +10.3% |
| AVEM Avantis Emerging Markets Eq | 0.80% | 197,570 | $11.6M | Reduce -1.4% |
| TLT iShares 20+ Year Treasury BD | 0.79% | 131,600 | $11.5M | Reduce -0.5% |
| SMMD iShares Russell 2500 ETF | 0.77% | 163,831 | $11.1M | Add +3.0% |
| HODL Vaneck Bitcoin ETF | 0.74% | 101,398 | $10.7M | Add +1.5% |
| MA Mastercard Inc. Class A | 0.72% | 19,768 | $10.4M | Reduce -1.7% |
| WMT Walmart Inc. | 0.68% | 109,560 | $9.9M | Reduce -0.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.68% | 19,274 | $9.9M | Add +2.5% |
| V Visa Inc. Class A | 0.66% | 30,268 | $9.6M | Reduce -1.3% |
| TRGP Targa Resources Corp. | 0.62% | 49,988 | $8.9M | Reduce -3.9% |
| HWKN Hawkins Inc. | 0.59% | 70,038 | $8.6M | No change |
| LMT Lockheed Martin Corp. | 0.56% | 16,642 | $8.1M | Add +0.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.54% | 35,336 | $7.8M | Add +0.7% |
| UJUN Innovator U.S. Equity Ultra | 0.50% | 213,974 | $7.2M | Reduce -22.4% |
| K Kellanova | 0.48% | 85,693 | $6.9M | Reduce -1.6% |
| FFIV F5 Inc. | 0.48% | 27,484 | $6.9M | Reduce -0.5% |
| DFAC Dimensional US Core Equity 2 | 0.47% | 194,663 | $6.7M | Add +3183.2% |
| PREF Pri Spe Pre Sec Acti-Usd Inc. | 0.46% | 356,724 | $6.6M | Add +9.6% |
| APH Amphenol Corp. Class A | 0.45% | 93,176 | $6.5M | Reduce -0.2% |
| KR Kroger Co. | 0.44% | 103,863 | $6.4M | Add +0.6% |
| NTAP Netapp Inc. | 0.44% | 54,393 | $6.3M | Reduce -0.0% |
| TMUS T-Mobile US Inc. | 0.43% | 28,438 | $6.3M | Reduce -0.4% |
| IJUL Innovator International Deve | 0.43% | 224,429 | $6.2M | Reduce -3.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.42% | 50,910 | $6.2M | Add +0.9% |
| HIG Hartford Insurance Group Inc. | 0.42% | 56,150 | $6.1M | Add +0.2% |
| EMB iShares JP Morgan Usd Emergi | 0.42% | 68,587 | $6.1M | Add +9.6% |
| BND Vanguard Total Bond Market | 0.42% | 83,766 | $6.0M | Add +739.7% |
| BMY Bristol-Myers Squibb Co. | 0.41% | 104,022 | $5.9M | Add +1.5% |
| BBY Best Buy Co. Inc. | 0.40% | 68,198 | $5.9M | Add +0.6% |
| IRT Independence Realty Trust Inc. | 0.40% | 294,125 | $5.8M | Reduce -0.9% |
| JNJ Johnson & Johnson | 0.40% | 40,218 | $5.8M | Reduce -1.4% |
| PRU Prudential Financial Inc. | 0.39% | 47,755 | $5.7M | Add +1.2% |
| CB Chubb Ltd. | 0.39% | 20,453 | $5.7M | Add +1.0% |
| L Loews Corp. | 0.39% | 66,321 | $5.6M | Add +1.3% |
| FAST Fastenal Co. | 0.38% | 77,018 | $5.5M | Add +0.8% |
| NWSA News Corp. Class A | 0.38% | 201,031 | $5.5M | Add +1.2% |
| HD Home Depot Inc. | 0.38% | 14,086 | $5.5M | Add +14.4% |
| EA Electronic Arts Inc. | 0.37% | 36,619 | $5.4M | Add +1.0% |
| QCOM Qualcomm Inc. | 0.37% | 34,692 | $5.3M | Add +2.6% |
| FICO Fair Isaac Corp. | 0.36% | 2,649 | $5.3M | Reduce -0.2% |
| TEL Te Connectivity PLC | 0.36% | 36,840 | $5.3M | New |
| IWY iShares Russell Top 200 Grow | 0.36% | 22,220 | $5.2M | Add +2.3% |
| CTSH Cognizant Tech Solutions-A | 0.36% | 67,208 | $5.2M | Add +1.5% |
| LLY Eli Lilly & Co. | 0.35% | 6,544 | $5.1M | Add +14.0% |
| ED Consolidated Edison Inc. | 0.34% | 55,694 | $5.0M | Add +2.3% |
| TSLA Tesla Inc. | 0.34% | 12,179 | $4.9M | Reduce -0.9% |
| BSCS Invesco Bulletshares 2028 CB | 0.34% | 243,239 | $4.9M | Add +2161.4% |
| J Jacobs Solutions Inc. | 0.33% | 35,794 | $4.8M | Add +2.0% |
| EG Everest Group Ltd. | 0.32% | 12,881 | $4.7M | Add +2.1% |
| BSCP Invesco Bulletshares 2025 CB | 0.32% | 224,775 | $4.6M | Add +12.1% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.32% | 158,581 | $4.6M | Add +1.9% |
| HSIC Henry Schein Inc. | 0.32% | 66,899 | $4.6M | Add +1.6% |
| PSX Phillips 66 | 0.31% | 39,916 | $4.5M | Add +2.3% |
| EXPD Expeditors Intl Wash Inc. | 0.31% | 40,806 | $4.5M | Add +2.2% |
| IPG Interpublic Group of Cos Inc. | 0.30% | 156,584 | $4.4M | Add +1.9% |
| BSCR Invesco Bulletshares 2027 CB | 0.28% | 209,737 | $4.1M | Add +4.2% |
| CNC Centene Corp. | 0.28% | 66,470 | $4.0M | Add +1.9% |
| CDW CDW Corp. | 0.27% | 22,793 | $4.0M | Add +2.8% |
| BSCQ Invesco Bulletshares 2026 CB | 0.27% | 200,478 | $3.9M | Add +9.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.26% | 13,216 | $3.8M | Add +251.1% |
| CHD Church & Dwight Co. Inc. | 0.26% | 36,265 | $3.8M | Reduce -0.7% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.26% | 108,378 | $3.8M | New |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.26% | 49,895 | $3.8M | Reduce -3.2% |
| CION Cion Investment Corp. | 0.26% | 326,434 | $3.7M | Reduce -2.0% |
| FISV Fiserv Inc. | 0.26% | 17,987 | $3.7M | Reduce -0.7% |
| VEA Vanguard Ftse Developed ETF | 0.25% | 76,289 | $3.6M | Reduce -8.8% |
| SCHA Schwab US Small-Cap ETF | 0.25% | 140,546 | $3.6M | Reduce -2.1% |
| UAPR Innovator U.S. Equity Ultra | 0.25% | 117,501 | $3.6M | Add +0.7% |
| EJUL Innovator Emerging Markets P | 0.22% | 130,942 | $3.2M | Reduce -0.8% |
| ISRG Intuitive Surgical Inc. | 0.22% | 5,966 | $3.1M | No change |
| JPEM JPM Diversified Ret Em Equit filed as J P MORGAN EXCHANGE TRADED F | 0.21% | 59,852 | $3.1M | Reduce -0.8% |
Options reported separately and not counted above: VOO puts ($1.4M), INSP puts ($111K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $217K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 178 | $217K | Reduce -7.8% |
Total filed on the 13F, all lines: $1.4B.
Portfolio Sells Q3 2024 → Q4 2024
| BSCO Invesco Bulletshares 2024 CB | Sold out | 0.00% | −0.33 |
| AGG iShares Core U.S. Aggregate | Reduce -2.8% | 1.57% | −0.19 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -0.7% | 1.55% | −0.19 |
| SCHF Schwab Intl Equity ETF | Reduce -1.0% | 1.05% | −0.18 |
| HNDL Nasdaq 7 Handl Index ETF | Reduce -42.9% | 0.19% | −0.17 |
| UJUN Innovator U.S. Equity Ultra | Reduce -22.4% | 0.50% | −0.16 |
| MSFT Microsoft Corp. | Reduce -2.0% | 1.68% | −0.15 |
| TLT iShares 20+ Year Treasury BD | Reduce -0.5% | 0.79% | −0.14 |
| AVEM Avantis Emerging Markets Eq | Reduce -1.4% | 0.80% | −0.13 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -8.4% | 1.01% | −0.12 |
| BSCT Invesco Bulletshares 2029 CB | Sold out | 0.00% | −0.08 |
| JNJ Johnson & Johnson | Reduce -1.4% | 0.40% | −0.08 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.07 |
| VEA Vanguard Ftse Developed ETF | Reduce -8.8% | 0.25% | −0.07 |
| IJUL Innovator International Deve | Reduce -3.8% | 0.43% | −0.07 |
| CPNJ Calamos NSDQ100 Alt ETF | Sold out | 0.00% | −0.06 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -50.4% | 0.05% | −0.05 |
| RSPH Invesco S&P 500 Equal Weight | Reduce -7.2% | 0.21% | −0.05 |
| NTAP Netapp Inc. | Reduce -0.0% | 0.44% | −0.05 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.9% | 0.18% | −0.05 |
| PEP Pepsico Inc. | Reduce -12.5% | 0.13% | −0.04 |
| KRE SS SPDR S&P Regional Bank | Reduce -30.8% | 0.10% | −0.04 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -3.2% | 0.26% | −0.04 |
| XLV SS Health Care Select Sector | Reduce -6.2% | 0.15% | −0.04 |
| AMTM Amentum Holdings Inc. | Reduce -13.6% | 0.04% | −0.04 |
| IRT Independence Realty Trust Inc. | Reduce -0.9% | 0.40% | −0.04 |
| MDT Medtronic PLC | Reduce -10.8% | 0.11% | −0.04 |
| DHR Danaher Corp. | Reduce -5.5% | 0.10% | −0.03 |
| XT Ishar Fture Exp Tech ETF-Usd | Reduce -14.7% | 0.14% | −0.03 |
| ADBE Adobe Inc. | Reduce -15.2% | 0.08% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -14.1% | 0.08% | −0.03 |
| JPEM JPM Diversified Ret Em Equit | Reduce -0.8% | 0.21% | −0.03 |
| AMGN Amgen Inc. | Reduce -7.1% | 0.08% | −0.03 |
| CION Cion Investment Corp. | Reduce -2.0% | 0.26% | −0.03 |
| ZTS Zoetis Inc. | Reduce -20.9% | 0.05% | −0.03 |
| TECH Bio-Techne Corp. | Reduce -5.0% | 0.13% | −0.03 |
| K Kellanova | Reduce -1.6% | 0.48% | −0.03 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -9.4% | 0.13% | −0.03 |
| KJUL Innovator U.S. Small Cap Pow | Reduce -11.4% | 0.15% | −0.03 |
| MDY State Street SPDR S&P Midcap | Reduce -36.5% | 0.04% | −0.02 |
| PFE Pfizer Inc. | Reduce -31.5% | 0.04% | −0.02 |
| KO The Coca-Cola Co. | Reduce -11.1% | 0.06% | −0.02 |
| XLP SS Consumer Staples Sel Sect | Reduce -0.9% | 0.20% | −0.02 |
| DCI Donaldson Co. Inc. | Reduce -0.2% | 0.15% | −0.02 |
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −0.02 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -5.1% | 0.11% | −0.02 |
| TIP iShares Tips Bond ETF | Sold out | 0.00% | −0.02 |
| OLED Universal Display Corp. | Sold out | 0.00% | −0.02 |
| BGRN iShares Usd Green Bond ETF | Sold out | 0.00% | −0.02 |
| EJUL Innovator Emerging Markets P | Reduce -0.8% | 0.22% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| DFAC Dimensional US Core Equity 2 | Add +3183.2% | 0.47% | +0.45 |
| TEL Te Connectivity PLC | New | 0.36% | +0.36 |
| BND Vanguard Total Bond Market | Add +739.7% | 0.42% | +0.36 |
| SCHG Schwab US Large-Cap Growth | Add +7.0% | 4.12% | +0.36 |
| BSCS Invesco Bulletshares 2028 CB | Add +2161.4% | 0.34% | +0.32 |
| CGUS Cap Group Core Equity | New | 0.26% | +0.26 |
| HODL Vaneck Bitcoin ETF | Add +1.5% | 0.74% | +0.22 |
| VOO Vanguard S&P 500 ETF | Add +28.9% | 0.95% | +0.20 |
| BSVO EA Bridgeway Omni Sm-Cp Val | New | 0.19% | +0.19 |
| VTI VG Morningstar TS MKT ETF-US | Add +251.1% | 0.26% | +0.19 |
| AMZN Amazon.com Inc. | Add +0.9% | 1.47% | +0.18 |
| DFCF Dimensional Core Fixed Inc. | New | 0.15% | +0.15 |
| UDEC Innovator U.S. Equity Ultra | Add +345.5% | 0.19% | +0.14 |
| DFIC Dimensional International Co. | New | 0.13% | +0.13 |
| BOND PIMCO Active Bond Exchange-T | New | 0.10% | +0.10 |
| DFAX Dimensional World Ex US Core | New | 0.09% | +0.09 |
| NVDA Nvidia Corp. | Add +1.4% | 1.24% | +0.08 |
| JPIB JPMorgan Intl BND ETF | New | 0.08% | +0.08 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +6.3% | 0.95% | +0.08 |
| GOOGL Alphabet Inc. Class A | Add +0.0% | 0.89% | +0.08 |
| DFAS Dimensional US Small Cap ETF | Add +268.4% | 0.10% | +0.07 |
| DFAT Dimensional US Target Value | New | 0.07% | +0.07 |
| DFIV Dimensional International Va | New | 0.07% | +0.07 |
| IBTF iShares Ibonds Dec 2025 Term | Add +177.8% | 0.10% | +0.06 |
| GSST Goldman Sachs Ultra Short Bo | New | 0.06% | +0.06 |
| DFLV Dim US Large Cap Value ETF | New | 0.06% | +0.06 |
| PANW Palo Alto Networks Inc. | Add +129.2% | 0.10% | +0.06 |
| DFUV Dimensional US Marketwide Va | New | 0.05% | +0.05 |
| SGOV iShares 0-3 Month Treasury B | New | 0.05% | +0.05 |
| AVMC Avantis US Mid Cap Eq ETF | Add +10.3% | 0.84% | +0.05 |
| XEL Xcel Energy Inc. | Add +42.6% | 0.18% | +0.05 |
| UOCT Innovator U.S. Equity Ultra | Add +281.4% | 0.07% | +0.05 |
| AVSC Avantis US Small Cap Equity | Add +10.3% | 0.83% | +0.05 |
| CPSD CLMS S&P STR Alt Dec | New | 0.05% | +0.05 |
| IOCT Innovator Int Dev Power Buff | Add +91.2% | 0.10% | +0.04 |
| IDEV iShares Core MSCI Dev MKTS | New | 0.04% | +0.04 |
| JMUB JPMorgan Municipal ETF | New | 0.04% | +0.04 |
| AVGO Broadcom Inc. | Add +0.8% | 0.16% | +0.04 |
| DFAW Dimensional World Eqty ETF | New | 0.04% | +0.04 |
| IEMG iShares Core MSCI Emerging | New | 0.03% | +0.03 |
| BA The Boeing Co. | Add +5.7% | 0.21% | +0.03 |
| EOCT Innovator Emer MKT PWR Buff | New | 0.03% | +0.03 |
| HTRB Hartford TTL RTRN BND ETF | Add +11.8% | 1.50% | +0.03 |
| USFR Wisdomtree Floating Rate Tre | Add +70.3% | 0.07% | +0.03 |
| CGDV Cap Group Dividend Value | New | 0.03% | +0.03 |
| IBTG iShares Ibonds Dec 2026 Term | New | 0.03% | +0.03 |
| NFLX Netflix Inc. | Add +4.0% | 0.12% | +0.02 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +39.5% | 0.08% | +0.02 |
| IBB iShares Biotechnology ETF | New | 0.02% | +0.02 |
| BMY Bristol-Myers Squibb Co. | Add +1.5% | 0.41% | +0.02 |
Options Activity Q3 2024 → Q4 2024
| VOO Vanguard S&P 500 ETF | put | New | 2,600 | $1.4M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Sold out | 201 | $258Kbefore exit |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -7.8% | 178 | $217K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 475 | $2.0B | SCHD, SCHG, VUG, PJFG, JBND |
| Q1 2026 | 463 | $1.8B | SCHD, VUG, JBND, SCHG, PJFG |
| Q4 2025 | 459 | $1.7B | SCHD, PJFG, SCHG, JBND, SCHX |
| Q3 2025 | 439 | $1.7B | SCHD, PJFG, SCHG, JBND, SCHX |
| Q2 2025 | 414 | $1.5B | SCHD, PJFG, JBND, SCHG, SCHX |
| Q1 2025 | 412 | $1.4B | SCHD, JBND, PJFG, SCHG, SCHX |
| Q4 2024 | 408 | $1.4B | SCHD, SCHX, PJFG, SCHG, JBND |
| Q3 2024 | 388 | $1.4B | SCHD, JBND, SCHX, PJFG, SCHG |
| Q2 2024 | 360 | $1.3B | SCHD, JBND, PJFG, SCHX, SCHG |
| Q1 2024 | 359 | $1.2B | SCHX, JBND, SCHD, PJFG, LMBS |