Berkshire Money Management, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 22, 2025), Berkshire Money Management, Inc. reported 154 stock positions worth $950.2 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 22.4% of the portfolio, followed by SS SPDR Dow Jones Indus Avg (DIA, 8.4%) and Invesco QQQ Trust Series 1 (QQQ, 7.6%). Compared with Q1 2025, it opened 55 new positions, sold out of 3, added to 30 and reduced 37. The biggest buy was a new position in iShares MSCI USA Min Vol Fac (USMV) and the biggest sale Vanguard Mrngstar GR ETF-Sui (VUG, shares −69%).

Most Recent 13F
Q2 2026
Location
DALTON, MA
CIK
0001535172
Portfolio Value
$950.2M (Q2 2025)
SEC Filing
0001398344-25-013494 ↗ filed Jul 22, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $828.4M Q1 2024 Q2 2024: $823.5M Q2 2024 Q3 2024: $873.7M Q3 2024 Q4 2024: $919.8M Q4 2024 Q1 2025: $891.1M Q1 2025 Q2 2025: $950.2M $950.2M Q2 2025 Q3 2025: $971.6M Q3 2025 Q4 2025: $1.0B Q4 2025 Q1 2026: $976.4M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 154 stocks · $950.2M
SPY SS SPDR S&P 500 ETF Trust-US 22.38% 344,209 $212.7M Reduce -11.2%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 8.39% 180,920 $79.7M Add +24.9%
QQQ Invesco QQQ Trust Series 1 7.60% 130,909 $72.2M Reduce -13.2%
BSV Vanguard Short-Term Bond ETF 6.56% 791,653 $62.3M Add +33.2%
KAUG Inv US SML Cap PB ETF - Aug 6.38% 2,438,490 $60.6M Add +2.7%
VIG Vanguard Dividend Apprec ETF 6.12% 284,097 $58.1M Add +0.2%
RSP Invesco S&P 500 Equal Weight 4.74% 247,987 $45.1M Reduce -19.4%
SJNK SS SPDR BB St Hi Yield ETF 4.38% 1,633,614 $41.6M Reduce -2.1%
IWF iShares Russell 1000 Growth 4.36% 97,528 $41.4M Reduce -20.0%
IVE iShares S&P 500 Value ETF 3.13% 152,352 $29.8M Add +15.6%
USMV iShares MSCI USA Min Vol Fac 2.67% 270,650 $25.4M New
PJUN Innovator U.S. Equity Power 2.61% 623,576 $24.8M Add +2852.1%
XLU St Sr Utl SL SE SPDR ETF-Usd 2.37% 275,874 $22.5M Add +7.7%
BIL SS SPDR BB 1-3M T-Bill ETF 2.26% 234,053 $21.5M Reduce -12.4%
MOAT Vaneck Morningstar Wide Moat 2.09% 211,852 $19.9M Reduce -16.6%
BFEB Innovator U.S. Equity Buffer 1.73% 368,923 $16.5M Add +1280.8%
VUG Vanguard Mrngstar GR ETF-Sui 1.15% 24,971 $10.9M Reduce -68.7%
IGPT Invesco AI and Next Gen Soft 0.85% 164,343 $8.1M Add +4.0%
THNQ Robo Global Artificial Intel filed as EXCHANGE TRADED CONCEPTS TRU 0.81% 140,553 $7.7M Add +6.7%
KJAN Innovator U.S. Small Cap Pow 0.62% 157,000 $5.9M Reduce -38.1%
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd 0.59% 56,591 $5.6M Reduce -27.9%
AAPL Apple Inc. 0.50% 23,374 $4.8M Add +0.5%
VOO Vanguard S&P 500 ETF 0.37% 6,244 $3.5M Reduce -2.5%
KAPR Innovator U.S. Small Cap Pow 0.35% 101,740 $3.3M New
MSFT Microsoft Corp. 0.34% 6,550 $3.3M Add +0.6%
UJAN Innovator U.S. Equity Ultra 0.34% 79,793 $3.2M No change
SPLV Invesco S&P 500 Low Volatili 0.31% 40,223 $2.9M New
BOCT Innovator U.S. Equity Buffer 0.27% 56,376 $2.6M No change
NVDA Nvidia Corp. 0.25% 15,323 $2.4M Add +1.7%
AMZN Amazon.com Inc. 0.23% 9,845 $2.2M Add +3.0%
MTUM iShares MSCI USA Momentum Fa 0.20% 8,071 $1.9M Add +539.0%
PJUL Innovator U.S. Equity Power 0.20% 44,137 $1.9M No change
OEF iShares S&P 100 ETF 0.19% 5,994 $1.8M Add +47.3%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.19% 6,200 $1.8M No change
BJUL Innovator U.S. Equity Buffer 0.19% 37,381 $1.8M Add +1.7%
VONE Vanguard Russell 1000 0.16% 5,516 $1.5M New
XOM Exxon Mobil Corp. 0.16% 13,989 $1.5M Add +1.9%
VCSH Vanguard S/T Corp. Bond ETF 0.15% 18,001 $1.4M Add +202.3%
VDC Vanguard Consumer Staple ETF 0.14% 6,044 $1.3M New
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.14% 4,536 $1.3M Reduce -3.4%
SGOV iShares 0-3 Month Treasury B 0.13% 12,505 $1.3M Add +221.7%
BJAN Innovator U.S. Equity Buffer 0.12% 23,582 $1.2M No change
IWM iShares Russell 2000 ETF 0.12% 5,444 $1.2M Reduce -94.2%
KDEC Inn US SML Cap P B ETF - Dec 0.10% 40,549 $974K Reduce -90.8%
BAPR Innovator U.S. Equity Buffer 0.10% 21,374 $966K No change
META Meta Platforms Inc. Class A 0.09% 1,200 $886K Reduce -7.2%
BNOV Innovator U.S. Equity Buffer 0.09% 20,749 $856K Add +6.8%
JNK SS SPDR BB High Yield Bond 0.09% 8,460 $823K New
MDY State Street SPDR S&P Midcap 0.08% 1,401 $794K No change
COST Costco Wholesale Corp. 0.08% 793 $785K Add +1.0%
BRK.B Berkshire Hathaway Inc. Class B 0.08% 1,592 $773K No change
XLV SS Health Care Select Sector 0.08% 5,634 $759K Reduce -8.6%
RTX RTX Corp. 0.07% 4,782 $698K Add +2.0%
GOOGL Alphabet Inc. Class A 0.07% 3,826 $674K Reduce -17.5%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.07% 1,782 $653K New
EMR Emerson Electric Co. 0.07% 4,720 $629K No change
NJAN Innovator Growth 100 Power B 0.06% 12,055 $612K No change
BSEP Innovator U.S. Equity Buffer 0.06% 12,687 $573K No change
BSCQ Invesco Bulletshares 2026 CB 0.06% 28,942 $565K No change
PRK Park National Corp. 0.06% 3,228 $540K No change
BAUG Innovator U.S. Equity Buffer 0.06% 11,672 $537K Reduce -0.1%
DLN Wisdomtree US Largecap Divid 0.05% 6,000 $493K No change
V Visa Inc. Class A 0.05% 1,377 $489K Reduce -7.0%
AVGO Broadcom Inc. 0.05% 1,710 $471K Add +3.0%
PNOV Innovator U.S. Equity Power 0.05% 11,871 $469K Reduce -13.8%
JPM JPMorgan Chase & Co. 0.05% 1,516 $440K Reduce -21.9%
BSCS Invesco Bulletshares 2028 CB 0.04% 20,159 $413K No change
NFLX Netflix Inc. 0.04% 307 $411K Reduce -6.1%
BA The Boeing Co. 0.04% 1,949 $408K No change
VOOV Vanguard S&P 500 Value ETF 0.04% 2,162 $408K Reduce -0.1%
TSLA Tesla Inc. 0.04% 1,233 $392K Reduce -1.1%
PH Parker Hannifin Corp. 0.04% 552 $386K No change
PJAN Innovator U.S. Equity Power 0.04% 8,204 $361K No change
SDY SS SPDR S&P Dividend ETF 0.04% 2,570 $349K No change
CARR Carrier Global Corp. 0.04% 4,629 $339K Add +4.5%
HD Home Depot Inc. 0.03% 889 $326K Reduce -23.9%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.03% 2,942 $322K Add +27.7%
PG The Procter & Gamble Co. 0.03% 1,986 $316K No change
MMTM SS SPDR S&P 1500 Mom Tilt 0.03% 1,136 $303K Reduce -28.5%
BMAY Innovator U.S. Equity Buffer 0.03% 7,127 $301K No change
HLT Hilton Worldwide Holdings Inc. 0.03% 1,114 $297K Reduce -17.0%
POCT Innovator U.S. Equity Power 0.03% 7,046 $291K No change
GD General Dynamics Corp. 0.03% 989 $288K Reduce -6.6%
BJUN Innovator U.S. Equity Buffer 0.03% 6,329 $277K No change
GOOG Alphabet Inc. Class C 0.03% 1,540 $273K Reduce -19.4%
BSCP Invesco Bulletshares 2025 CB 0.03% 12,403 $256K No change
BSCR Invesco Bulletshares 2027 CB 0.03% 13,004 $256K No change
IVV iShares Core S&P 500 ETF 0.03% 407 $252K Reduce -15.2%
GLD SPDR Gold Shares 0.03% 816 $249K Add +10.9%
LLY Eli Lilly & Co. 0.03% 312 $243K Add +0.7%
T AT&T Inc. 0.03% 8,249 $239K Reduce -29.9%
QCOM Qualcomm Inc. 0.02% 1,484 $236K No change
HON Honeywell International Inc. 0.02% 1,012 $236K Reduce -4.5%
CRM Salesforce Inc. 0.02% 793 $216K Reduce -16.4%
WMT Walmart Inc. 0.02% 2,210 $216K Reduce -25.3%
CVX Chevron Corp. 0.02% 1,491 $213K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.02% 4,456 $211K New
KO The Coca-Cola Co. 0.02% 2,976 $211K No change
PAUG Innovator U.S. Equity Power 0.02% 5,173 $209K New
OTIS Otis Worldwide Corp. 0.02% 2,100 $208K Add +5.0%
PEP Pepsico Inc. 0.02% 1,557 $206K No change
CSCO Cisco Systems Inc. 0.02% 2,889 $200K New
CEG Constellation Energy 0.02% 620 $200K New
EFA iShares MSCI Eafe ETF 0.02% 2,221 $199K New
TIP iShares Tips Bond ETF 0.02% 1,793 $197K New
XLE SS Energy Select Sector 0.02% 2,252 $191K Add +0.4%
XLI SS Industrial Select Sector 0.02% 1,272 $188K New
VB Vanguard Most SM-Cap ETF-Usd 0.02% 765 $181K Reduce -26.9%
UJUN Innovator U.S. Equity Ultra 0.02% 4,459 $159K New
NJUL Innovator Growth 100 Power B 0.02% 2,266 $154K New
XLK SS Technology Select Sector 0.02% 581 $147K New
PHO Invesco Water Resources ETF 0.01% 1,863 $130K New
IVW iShares S&P 500 Growth ETF 0.01% 1,171 $129K Reduce -61.7%
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.01% 533 $120K Reduce -98.9%
VOOG Vanguard S&P 500 Growth ETF 0.01% 248 $98K New
XLF SS Financial Select Sector 0.01% 1,874 $98K New
COMP Compass Inc. Class A 0.01% 14,800 $93K No change
AVXL Anavex Life Sciences Corp. 0.01% 10,000 $92K No change
VLUE iShares MSCI USA Value Facto 0.01% 772 $87K New
DJD Invesco Dow Jones Industrial 0.01% 1,551 $82K New
DVY iShares Select Dividend ETF 0.01% 566 $75K New
IEFA iShares Core MSCI Eafe ETF 0.01% 821 $69K New
VMBS Vanguard Mortgage-Backed Sec 0.01% 1,459 $68K New
SCHR Schwab Intermediate-Term US 0.01% 2,587 $65K New
SPYM Ste STR SPDR PT S&P 500 ETF 0.01% 851 $62K New
PFEB Innovator U.S. Equity Power 0.01% 1,621 $62K New
VTI VG Morningstar TS MKT ETF-US 0.01% 198 $60K New
SHE SS SPDR MSCI U Gend Div ETF 0.01% 456 $57K New
BDEC Innovator U.S. Equity Buffer 0.01% 1,232 $56K New
VNQ Vanguard Real Estate ETF 0.01% 592 $53K New
FNDX Schwab Fndmntl US LRG Co. ETF 0.01% 2,112 $52K New
BSCT Invesco Bulletshares 2029 CB 0.01% 2,726 $51K New
IWR iShares Russell Mid-Cap ETF 0.01% 553 $51K New
XHB SS SPDR S&P Homebldrs ETF 0.01% 500 $49K New
IWP iShares Russell Mid-Cap Grow 0.00% 325 $45K New
SCHX Schwab US Large-Cap ETF 0.00% 1,836 $45K New
VBK Van Morst SML-Cap Gro-Usd Inc. 0.00% 158 $44K New
SHY iShares 1-3 Year Treasury Bo 0.00% 520 $43K New
XJH Ishare ESG SS S&P Midcap ETF 0.00% 1,000 $42K New
SCHI Schwab 5-10 Year Corporate B 0.00% 1,699 $39K New
XBAP Innovator US Eqy Accel 9 Buf 0.00% 964 $35K New
XLB SS Materials Select Sector 0.00% 400 $35K New
ROBO Robo Global Robotics and Aut filed as EXCHANGE TRADED CONCEPTS TRU 0.00% 575 $34K New
VTV Vanguard Mrngstr Val ETF-Aui 0.00% 186 $33K New
NLR Vaneck Urani & Nuclr ETF-Usd 0.00% 294 $33K New
IBB iShares Biotechnology ETF 0.00% 220 $28K New
SPHQ Invesco S&P 500 Quality ETF 0.00% 390 $28K New
VGSH Vanguard Short-Term Treasury 0.00% 460 $27K New
VBR Vngrd Mrngst SL-CP Val ETF-U 0.00% 125 $24K New
SCHV Schwab US Large-Cap Value 0.00% 867 $24K New
GALT Galectin Therapeutics Inc. 0.00% 11,349 $24K No change
IWD iShares Russell 1000 Value E 0.00% 123 $24K New
FXI iShares China Large-Cap ETF 0.00% 600 $22K New
EPI Wisdomtree India Earnings 0.00% 450 $21K New
Other holdings (1): bonds, preferreds, convertibles and warrants · $49K (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 40$49KNew

Total filed on the 13F, all lines: $950.3M.

Portfolio Sells Q1 2025 → Q2 2025
VUG Vanguard Mrngstar GR ETF-Sui Reduce -68.7% 1.15% −2.16
IWM iShares Russell 2000 ETF Reduce -94.2% 0.12% −1.98
SPY SS SPDR S&P 500 ETF Trust-US Reduce -11.2% 22.38% −1.95
RSP Invesco S&P 500 Equal Weight Reduce -19.4% 4.74% −1.24
MGC Vngrd Mrngstr MG Cap ETF-Usd Reduce -98.9% 0.01% −1.09
KDEC Inn US SML Cap P B ETF - Dec Reduce -90.8% 0.10% −1.03
IWF iShares Russell 1000 Growth Reduce -20.0% 4.36% −0.58
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -12.4% 2.26% −0.49
MOAT Vaneck Morningstar Wide Moat Reduce -16.6% 2.09% −0.42
KJAN Innovator U.S. Small Cap Pow Reduce -38.1% 0.62% −0.40
QQQ Invesco QQQ Trust Series 1 Reduce -13.2% 7.60% −0.33
SJNK SS SPDR BB St Hi Yield ETF Reduce -2.1% 4.38% −0.33
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd Reduce -27.9% 0.59% −0.18
UNH Unitedhealth Group Inc. Sold out 0.00% −0.03
QQQM Invesco Nasdaq 100 ETF Sold out 0.00% −0.02
MRK Merck & Co. Inc. Sold out 0.00% −0.02
XLV SS Health Care Select Sector Reduce -8.6% 0.08% −0.02
IVW iShares S&P 500 Growth ETF Reduce -61.7% 0.01% −0.02
HD Home Depot Inc. Reduce -23.9% 0.03% −0.01
T AT&T Inc. Reduce -29.9% 0.03% −0.01
MMTM SS SPDR S&P 1500 Mom Tilt Reduce -28.5% 0.03% −0.01
GOOGL Alphabet Inc. Class A Reduce -17.5% 0.07% −0.01
PNOV Innovator U.S. Equity Power Reduce -13.8% 0.05% −0.01
JPM JPMorgan Chase & Co. Reduce -21.9% 0.05% −0.01
VB Vanguard Most SM-Cap ETF-Usd Reduce -26.9% 0.02% −0.01
V Visa Inc. Class A Reduce -7.0% 0.05% −0.01
WMT Walmart Inc. Reduce -25.3% 0.02% −0.01
CRM Salesforce Inc. Reduce -16.4% 0.02% −0.01
GOOG Alphabet Inc. Class C Reduce -19.4% 0.03% −0.00
IVV iShares Core S&P 500 ETF Reduce -15.2% 0.03% −0.00
HLT Hilton Worldwide Holdings Inc. Reduce -17.0% 0.03% −0.00
GD General Dynamics Corp. Reduce -6.6% 0.03% −0.00
VOOV Vanguard S&P 500 Value ETF Reduce -0.1% 0.04% −0.00
HON Honeywell International Inc. Reduce -4.5% 0.02% −0.00
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -3.4% 0.14% +0.00
BAUG Innovator U.S. Equity Buffer Reduce -0.1% 0.06% +0.00
VOO Vanguard S&P 500 ETF Reduce -2.5% 0.37% +0.00
TSLA Tesla Inc. Reduce -1.1% 0.04% +0.01
NFLX Netflix Inc. Reduce -6.1% 0.04% +0.01
META Meta Platforms Inc. Class A Reduce -7.2% 0.09% +0.01

Portfolio Buys Q1 2025 → Q2 2025
USMV iShares MSCI USA Min Vol Fac New 2.67% +2.67
PJUN Innovator U.S. Equity Power Add +2852.1% 2.61% +2.52
BFEB Innovator U.S. Equity Buffer Add +1280.8% 1.73% +1.61
DIA SS SPDR Dow Jones Indus Avg Add +24.9% 8.39% +1.57
BSV Vanguard Short-Term Bond ETF Add +33.2% 6.56% +1.34
KAPR Innovator U.S. Small Cap Pow New 0.35% +0.35
IVE iShares S&P 500 Value ETF Add +15.6% 3.13% +0.32
SPLV Invesco S&P 500 Low Volatili New 0.31% +0.31
MTUM iShares MSCI USA Momentum Fa Add +539.0% 0.20% +0.18
VONE Vanguard Russell 1000 New 0.16% +0.16
THNQ Robo Global Artificial Intel Add +6.7% 0.81% +0.16
VDC Vanguard Consumer Staple ETF New 0.14% +0.14
IGPT Invesco AI and Next Gen Soft Add +4.0% 0.85% +0.13
XLU St Sr Utl SL SE SPDR ETF-Usd Add +7.7% 2.37% +0.10
VCSH Vanguard S/T Corp. Bond ETF Add +202.3% 0.15% +0.10
SGOV iShares 0-3 Month Treasury B Add +221.7% 0.13% +0.09
JNK SS SPDR BB High Yield Bond New 0.09% +0.09
NVDA Nvidia Corp. Add +1.7% 0.25% +0.07
MGK Vngrd Mrgstr MG CP GR ETF-Ui New 0.07% +0.07
MSFT Microsoft Corp. Add +0.6% 0.34% +0.07
OEF iShares S&P 100 ETF Add +47.3% 0.19% +0.07
AMZN Amazon.com Inc. Add +3.0% 0.23% +0.02
BAC Bank of America Corp. New 0.02% +0.02
PAUG Innovator U.S. Equity Power New 0.02% +0.02
CSCO Cisco Systems Inc. New 0.02% +0.02
CEG Constellation Energy New 0.02% +0.02
EFA iShares MSCI Eafe ETF New 0.02% +0.02
TIP iShares Tips Bond ETF New 0.02% +0.02
XLI SS Industrial Select Sector New 0.02% +0.02
AVGO Broadcom Inc. Add +3.0% 0.05% +0.02
UJUN Innovator U.S. Equity Ultra New 0.02% +0.02
NJUL Innovator Growth 100 Power B New 0.02% +0.02
XLK SS Technology Select Sector New 0.02% +0.02
PHO Invesco Water Resources ETF New 0.01% +0.01
XLF SS Financial Select Sector New 0.01% +0.01
VOOG Vanguard S&P 500 Growth ETF New 0.01% +0.01
VLUE iShares MSCI USA Value Facto New 0.01% +0.01
DJD Invesco Dow Jones Industrial New 0.01% +0.01
DVY iShares Select Dividend ETF New 0.01% +0.01
BJUL Innovator U.S. Equity Buffer Add +1.7% 0.19% +0.01
IEFA iShares Core MSCI Eafe ETF New 0.01% +0.01
VMBS Vanguard Mortgage-Backed Sec New 0.01% +0.01
BNOV Innovator U.S. Equity Buffer Add +6.8% 0.09% +0.01
SCHR Schwab Intermediate-Term US New 0.01% +0.01
PFEB Innovator U.S. Equity Power New 0.01% +0.01
SPYM Ste STR SPDR PT S&P 500 ETF New 0.01% +0.01
VTI VG Morningstar TS MKT ETF-US New 0.01% +0.01
SHE SS SPDR MSCI U Gend Div ETF New 0.01% +0.01
BDEC Innovator U.S. Equity Buffer New 0.01% +0.01
LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +27.7% 0.03% +0.01

Notes & Other Activity Q1 2025 → Q2 2025
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L New 40 $49K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 56$1.1BSPY, DIA, QQQ, KNOV, RSP
Q1 2026 52$976.4MSPY, DIA, KNOV, VIG, RSP
Q4 2025 131$1.0BSPY, DIA, QQQ, KAUG, VIG
Q3 2025 48$971.6MSPY, DIA, QQQ, KAUG, VIG
Q2 2025 154$950.2MSPY, DIA, QQQ, BSV, KAUG
Q1 2025 102$891.1MSPY, QQQ, DIA, KAUG, VIG
Q4 2024 86$919.8MSPY, QQQ, DIA, RSP, VIG
Q3 2024 40$873.7MSPY, QQQ, KJAN, RSP, DIA
Q2 2024 39$823.5MSPY, QQQE, QQQ, KJAN, DIA
Q1 2024 84$828.4MSPY, DIA, QQQE, KJAN, QQQ