Berman McAleer LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 5, 2026), Berman McAleer LLC reported 162 stock positions worth $731.9 million. Its top holding was Invesco Rafi US 1000 ETF (PRF) at 10.0% of the portfolio, followed by Dimensional International (DFAI, 9.3%) and Adaptive Alpha Opportunities (AGOX, 8.5%). Compared with Q3 2025, it opened 7 new positions, sold out of 9, added to 57 and reduced 54. The biggest buy was Dimensional International (DFAI, shares +4%) and the biggest sale iShares Russell 1000 Growth (IWF, shares −18%).

Most Recent 13F
Q2 2026
Location
TIMONIUM, MD
CIK
0002094332
Portfolio Value
$731.9M (Q4 2025)
SEC Filing
0002094332-26-000001 ↗ filed Feb 5, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q3 2025: $715.0M Q3 2025 Q4 2025: $731.9M $731.9M Q4 2025 Q1 2026: $733.0M Q1 2026 Q2 2026: $863.7M Q2 2026

Holdings 162 stocks · $731.9M
PRF Invesco Rafi US 1000 ETF 10.04% 1,565,303 $73.4M Add +0.6%
DFAI Dimensional International Co. 9.34% 1,794,381 $68.4M Add +3.8%
AGOX Adaptive Alpha Opportunities 8.53% 2,185,884 $62.4M Add +0.5%
VOE Vngrd Mrngstr MD-Cap Val ETF 7.28% 300,489 $53.3M Add +2.0%
IJR iShares Core S&P Small-Cap E 6.67% 406,259 $48.8M Add +1.2%
JGRO JPMorgan Active Growth ETF 5.60% 441,743 $41.0M Add +0.6%
VTV Vanguard Mrngstr Val ETF-Aui 5.34% 204,439 $39.0M Add +1.5%
FNDX Schwab Fndmntl US LRG Co. ETF 3.71% 996,745 $27.1M Add +1.2%
SPLV Invesco S&P 500 Low Volatili 3.55% 364,106 $26.0M Add +3.0%
VXUS Vanguard Total Intl Stock 2.08% 201,874 $15.2M Add +1.5%
VTI VG Morningstar TS MKT ETF-US 2.07% 45,138 $15.1M Add +6.8%
IEFA iShares Core MSCI Eafe ETF 2.05% 167,706 $15.0M Reduce -3.6%
IWD iShares Russell 1000 Value E 2.01% 69,831 $14.7M Reduce -0.3%
SPY SS SPDR S&P 500 ETF Trust-US 1.88% 20,158 $13.7M Reduce -2.3%
RSP Invesco S&P 500 Equal Weight 1.87% 71,526 $13.7M Add +10.4%
FLRG Fidelity US Multifactor ETF 1.51% 291,358 $11.1M Add +5.2%
VB Vanguard Most SM-Cap ETF-Usd 1.49% 42,161 $10.9M Reduce -4.9%
VIOO Vanguard S&P Small-Cap 600 E 1.43% 94,261 $10.5M Add +3.4%
AAPL Apple Inc. 1.22% 32,850 $8.9M Reduce -5.3%
VOO Vanguard S&P 500 ETF 1.18% 13,817 $8.7M Reduce -3.0%
FBTC Fidelity Wise Origin Bitcoin 1.03% 98,944 $7.5M Add +68.8%
MSFT Microsoft Corp. 0.93% 14,062 $6.8M Reduce -3.6%
AHRT Ah Realty Trust Inc. filed as ARMADA HOFFLER PPTYS INC 0.93% 1,023,400 $6.8M No change
JNJ Johnson & Johnson 0.87% 30,748 $6.4M Reduce -8.1%
IWF iShares Russell 1000 Growth 0.83% 12,766 $6.0M Reduce -18.3%
AON Aon PLC Class A 0.80% 16,613 $5.9M Reduce -8.4%
AMZN Amazon.com Inc. 0.80% 25,246 $5.8M Reduce -0.7%
IJK iShares S&P Mid-Cap 400 Grow 0.72% 54,251 $5.3M Add +9.0%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.53% 13,834 $3.9M New
IVV iShares Core S&P 500 ETF 0.51% 5,397 $3.7M Reduce -1.4%
BRK.B Berkshire Hathaway Inc. Class B 0.36% 5,291 $2.7M Reduce -0.2%
USMV iShares MSCI USA Min Vol Fac 0.36% 28,077 $2.6M Reduce -2.6%
MSI Motorola Solutions Inc. 0.33% 6,254 $2.4M No change
IEMG iShares Core MSCI Emerging 0.31% 33,918 $2.3M Reduce -0.2%
HD Home Depot Inc. 0.31% 6,560 $2.3M Reduce -0.3%
GOOG Alphabet Inc. Class C 0.31% 7,186 $2.3M Reduce -2.5%
MDY State Street SPDR S&P Midcap 0.31% 3,710 $2.2M Reduce -7.0%
IWB iShares Russell 1000 ETF 0.30% 5,944 $2.2M Add +0.3%
V Visa Inc. Class A 0.29% 5,949 $2.1M Add +3.6%
JPM JPMorgan Chase & Co. 0.28% 6,295 $2.0M Add +3.1%
NVDA Nvidia Corp. 0.27% 10,727 $2.0M Add +0.1%
AVDE Avantis International Equity 0.27% 24,095 $2.0M Add +8.2%
GOOGL Alphabet Inc. Class A 0.27% 6,210 $1.9M Add +1.8%
ITOT iShares Core S&P Total U.S. 0.26% 12,637 $1.9M Reduce -1.4%
EFA iShares MSCI Eafe ETF 0.25% 19,318 $1.9M Reduce -0.4%
IJJ iShares S&P Mid-Cap 400 Valu 0.23% 12,719 $1.7M Reduce -2.3%
KO The Coca-Cola Co. 0.22% 23,365 $1.6M Add +0.9%
AFL Aflac Inc. 0.21% 14,137 $1.6M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.19% 4,720 $1.4M Reduce -1.7%
MDYV SS SPDR S&P 400 MC Val ETF 0.19% 16,042 $1.4M Reduce -3.6%
SUSA iShares ESG Optimized MSCI U 0.18% 9,339 $1.3M Add +1.0%
IVW iShares S&P 500 Growth ETF 0.17% 10,145 $1.3M Reduce -8.8%
TGRW T Rowe Price Growth Stock Et 0.16% 25,875 $1.2M No change
META Meta Platforms Inc. Class A 0.15% 1,706 $1.1M Add +0.3%
WMT Walmart Inc. 0.15% 10,084 $1.1M Reduce -14.1%
MINT PIMCO Enhanced Short Maturit 0.15% 11,019 $1.1M Add +309.8%
UNP Union Pacific Corp. 0.14% 4,362 $1.0M Reduce -0.5%
IVE iShares S&P 500 Value ETF 0.13% 4,582 $972K Reduce -43.3%
IJH iShares Core S&P Midcap ETF 0.13% 14,463 $955K Add +5.0%
HL Hecla Mining Co. 0.13% 49,021 $941K No change
SPSM SS SPDR P S&P 600 Small Cap 0.13% 19,902 $933K Add +5.3%
IDEV iShares Core MSCI Dev MKTS 0.13% 11,300 $932K Add +34.8%
VT Vanguard Tot World STK ETF 0.12% 6,448 $910K Add +4.2%
PG The Procter & Gamble Co. 0.12% 6,317 $905K Reduce -3.8%
VONG Vanguard Russell 1000 Growth 0.12% 7,410 $902K Add +10.6%
GE General Electric filed as GE AEROSPACE 0.12% 2,900 $893K Reduce -5.6%
CSCO Cisco Systems Inc. 0.12% 11,057 $852K Reduce -9.3%
XOM Exxon Mobil Corp. 0.11% 6,919 $833K Add +0.7%
NOC Northrop Grumman Corp. 0.11% 1,434 $818K Add +0.3%
JAAA Janus Henderson Aaa Clo ETF 0.11% 15,902 $804K Add +6.7%
AZN Astrazeneca PLC-Spons ADR 0.11% 8,672 $797K Add +0.1%
CMI Cummins Inc. 0.11% 1,560 $796K Add +0.2%
VNQ Vanguard Real Estate ETF 0.11% 8,979 $795K No change
EEM iShares MSCI Emerging Market 0.11% 14,420 $789K No change
EMR Emerson Electric Co. 0.10% 5,673 $753K Reduce -5.6%
AOA iShares Core 80/20 Aggressiv 0.10% 8,377 $750K Add +86.0%
IUSV iShares Core S&P U.S. Value 0.10% 7,308 $749K Reduce -5.9%
AMT American Tower Corp. 0.10% 4,254 $747K No change
SBAC SBA Communications Corp. 0.10% 3,840 $743K No change
XLK SS Technology Select Sector 0.09% 4,749 $684K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.09% 5,840 $664K Add +11.4%
VEU Vanguard Ftse All-World Ex-U 0.09% 8,935 $657K Reduce -1.1%
DFIS Dimensional International SM 0.09% 19,139 $630K Add +68.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.08% 11,282 $621K Reduce -15.5%
COF Capital One Financial Corp. 0.08% 2,558 $620K Add +0.2%
MKC McCormick & Co.-Non VTG SHRS 0.08% 9,017 $614K Reduce -1.0%
ORCL Oracle Corp. 0.08% 2,968 $578K Reduce -7.8%
LLY Eli Lilly & Co. 0.08% 532 $572K Add +0.2%
URI United Rentals Inc. 0.08% 684 $554K Add +0.3%
VIG Vanguard Dividend Apprec ETF 0.07% 2,495 $548K No change
AYI Acuity Inc. 0.07% 1,478 $532K No change
VTEB Vanguard Tax-Exempt Bond ETF 0.07% 10,447 $525K No change
TSLA Tesla Inc. 0.07% 1,154 $519K No change
CVX Chevron Corp. 0.07% 3,392 $517K Add +0.7%
AVGO Broadcom Inc. 0.07% 1,492 $516K Reduce -2.1%
VZ Verizon Communications Inc. 0.07% 12,499 $509K Add +0.5%
IWP iShares Russell Mid-Cap Grow 0.07% 3,649 $500K No change
XME SS SPDR S&P Metals Mining 0.07% 4,796 $497K Reduce -28.9%
PM Philip Morris International 0.07% 3,000 $481K Add +1.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.07% 980 $478K No change
ABBV Abbvie Inc. 0.06% 2,043 $467K Add +1.4%
TT Trane Technologies PLC 0.06% 1,157 $450K Add +0.3%
NEE Nextera Energy Inc. 0.06% 5,507 $442K Add +0.3%
GEV GE Vernova Inc. 0.06% 668 $437K Reduce -6.0%
PEP Pepsico Inc. 0.06% 2,956 $424K Add +30.1%
CEG Constellation Energy 0.06% 1,154 $408K Reduce -3.4%
STX Seagate Technology Holdings 0.06% 1,475 $406K No change
BX Blackstone Inc. 0.05% 2,580 $398K No change
OLN Olin Corp. 0.05% 18,228 $380K No change
MA Mastercard Inc. Class A 0.05% 647 $369K Add +0.8%
DFAC Dimensional US Core Equity 2 0.05% 9,260 $367K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.05% 1,706 $361K Reduce -0.1%
IYW iShares Ustechnology ETF 0.05% 1,775 $354K No change
QQQ Invesco QQQ Trust Series 1 0.05% 574 $353K Add +4.2%
RTX RTX Corp. 0.05% 1,905 $349K Reduce -1.6%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.05% 3,405 $349K No change
ALL Allstate Corp. 0.05% 1,668 $347K Reduce -5.4%
A Agilent Technologies Inc. 0.05% 2,522 $343K No change
OKE Oneok Inc. 0.05% 4,580 $337K No change
C Citigroup Inc. 0.05% 2,881 $336K Reduce -1.7%
T AT&T Inc. 0.05% 13,467 $335K Reduce -27.0%
WHR Whirlpool Corp. 0.05% 4,634 $334K No change
MRK Merck & Co. Inc. 0.05% 3,158 $332K Reduce -10.9%
SCHX Schwab US Large-Cap ETF 0.04% 12,012 $323K No change
ADI Analog Devices Inc. 0.04% 1,179 $320K No change
VGT Vanguard Info Tech ETF 0.04% 400 $302K No change
MO Altria Group Inc. 0.04% 5,205 $300K Add +0.4%
UNH Unitedhealth Group Inc. 0.04% 891 $294K Add +1.0%
LION Lionsgate Studios Corp. 0.04% 31,804 $290K No change
LDOS Leidos Holdings Inc. 0.04% 1,577 $284K Reduce -1.7%
VLO Valero Energy Corp. 0.04% 1,693 $276K No change
MCD McDonald's Corp. 0.04% 892 $273K Reduce -10.7%
MDLZ Mondelez International Inc. Class A 0.04% 5,050 $272K Add +4.5%
INTU Intuit Inc. 0.04% 404 $268K Add +0.3%
ABT Abbott Laboratories 0.04% 2,122 $266K Reduce -2.3%
FENI Fidelity Enhanced Intl ETF 0.04% 7,201 $263K New
BSY Bentley Systems Inc. Class B 0.03% 6,700 $256K No change
VRTX Vertex Pharmaceuticals Inc. 0.03% 557 $253K Reduce -6.7%
PFE Pfizer Inc. 0.03% 10,140 $252K Add +1.4%
MMM 3M Co. 0.03% 1,567 $251K Reduce -2.5%
TRV The Travelers Cos Inc. 0.03% 848 $246K No change
GLD SPDR Gold Shares 0.03% 605 $240K No change
INTC Intel Corp. 0.03% 6,483 $239K Reduce -0.9%
DVY iShares Select Dividend ETF 0.03% 1,628 $230K No change
ACWX iShares MSCI Acwi Ex US ETF 0.03% 3,410 $229K No change
AMGN Amgen Inc. 0.03% 672 $220K New
NVS Novartis AG-Sponsored ADR 0.03% 1,581 $218K No change
PYPL PayPal Holdings Inc. 0.03% 3,700 $216K No change
SPGI S&P Global Inc. 0.03% 413 $216K Add +0.5%
PEG Public Service Enterprise GP 0.03% 2,673 $215K No change
XSLV Invesco S&P Smallcap Low Vol 0.03% 4,572 $212K No change
NFLX Netflix Inc. 0.03% 2,250 $211K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.03% 1,371 $211K New
INCY Incyte Corp. 0.03% 2,110 $208K New
BOXX Alpha Architect 1-3 MNTH Box 0.03% 1,780 $205K New
VCR Vanguard Consumer Discre ETF 0.03% 516 $203K No change
QCOM Qualcomm Inc. 0.03% 1,172 $200K New
KVUE Kenvue Inc. 0.03% 11,500 $198K Reduce -4.1%
DNP DNP Select Income Fund Inc. 0.02% 17,821 $178K No change
IMRX Immuneering Corp. Class A 0.02% 25,000 $165K No change
HOUS Anywhere Real Estate Inc. 0.02% 10,291 $146K Reduce -50.0%
NIO Nio Inc. - ADR 0.02% 25,000 $128K No change

Portfolio Sells Q3 2025 → Q4 2025
IWF iShares Russell 1000 Growth Reduce -18.3% 0.83% −0.20
MSFT Microsoft Corp. Reduce -3.6% 0.93% −0.13
AON Aon PLC Class A Reduce -8.4% 0.80% −0.10
IVE iShares S&P 500 Value ETF Reduce -43.3% 0.13% −0.10
VB Vanguard Most SM-Cap ETF-Usd Reduce -4.9% 1.49% −0.10
IEFA iShares Core MSCI Eafe ETF Reduce -3.6% 2.05% −0.07
HD Home Depot Inc. Reduce -0.3% 0.31% −0.06
AVUS Avantis U.S. Equity ETF Sold out 0.00% −0.06
SPY SS SPDR S&P 500 ETF Trust-US Reduce -2.3% 1.88% −0.05
ORCL Oracle Corp. Reduce -7.8% 0.08% −0.05
REET iShares Global REIT ETF Sold out 0.00% −0.04
VOO Vanguard S&P 500 ETF Reduce -3.0% 1.18% −0.04
IWV iShares Russell 3000 ETF Sold out 0.00% −0.03
ALE Allete Inc. Sold out 0.00% −0.03
UBER Uber Technologies Inc. Sold out 0.00% −0.03
SMID Smith-Midland Corp. Sold out 0.00% −0.03
COST Costco Wholesale Corp. Sold out 0.00% −0.03
TENB Tenable Holdings Inc. Sold out 0.00% −0.03
SYK Stryker Corp. Sold out 0.00% −0.03
MDY State Street SPDR S&P Midcap Reduce -7.0% 0.31% −0.03
T AT&T Inc. Reduce -27.0% 0.05% −0.03
USMV iShares MSCI USA Min Vol Fac Reduce -2.6% 0.36% −0.02
XME SS SPDR S&P Metals Mining Reduce -28.9% 0.07% −0.02
PG The Procter & Gamble Co. Reduce -3.8% 0.12% −0.02
IVW iShares S&P 500 Growth ETF Reduce -8.8% 0.17% −0.02
AAPL Apple Inc. Reduce -5.3% 1.22% −0.02
WMT Walmart Inc. Reduce -14.1% 0.15% −0.02
BAC Bank of America Corp. Reduce -15.5% 0.08% −0.01
HOUS Anywhere Real Estate Inc. Reduce -50.0% 0.02% −0.01
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.2% 0.36% −0.01
MDYV SS SPDR S&P 400 MC Val ETF Reduce -3.6% 0.19% −0.01
IJJ iShares S&P Mid-Cap 400 Valu Reduce -2.3% 0.23% −0.01
EMR Emerson Electric Co. Reduce -5.6% 0.10% −0.01
GE General Electric Reduce -5.6% 0.12% −0.01
IVV iShares Core S&P 500 ETF Reduce -1.4% 0.51% −0.01
UNP Union Pacific Corp. Reduce -0.5% 0.14% −0.01
IUSV iShares Core S&P U.S. Value Reduce -5.9% 0.10% −0.01
ALL Allstate Corp. Reduce -5.4% 0.05% −0.01
MCD McDonald's Corp. Reduce -10.7% 0.04% −0.01
ABT Abbott Laboratories Reduce -2.3% 0.04% −0.00
ITOT iShares Core S&P Total U.S. Reduce -1.4% 0.26% −0.00
LDOS Leidos Holdings Inc. Reduce -1.7% 0.04% −0.00
IEMG iShares Core MSCI Emerging Reduce -0.2% 0.31% −0.00
GEV GE Vernova Inc. Reduce -6.0% 0.06% −0.00
MKC McCormick & Co.-Non VTG SHRS Reduce -1.0% 0.08% −0.00
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -0.1% 0.05% −0.00
MMM 3M Co. Reduce -2.5% 0.03% −0.00
VEU Vanguard Ftse All-World Ex-U Reduce -1.1% 0.09% −0.00
CSCO Cisco Systems Inc. Reduce -9.3% 0.12% −0.00
KVUE Kenvue Inc. Reduce -4.1% 0.03% −0.00

Portfolio Buys Q3 2025 → Q4 2025
DFAI Dimensional International Co. Add +3.8% 9.34% +0.56
VOT Vngrd Mrngstr MC GRW ETF-Usd New 0.53% +0.53
FBTC Fidelity Wise Origin Bitcoin Add +68.8% 1.03% +0.21
PRF Invesco Rafi US 1000 ETF Add +0.6% 10.04% +0.20
RSP Invesco S&P 500 Equal Weight Add +10.4% 1.87% +0.15
VTI VG Morningstar TS MKT ETF-US Add +6.8% 2.07% +0.12
MINT PIMCO Enhanced Short Maturit Add +309.8% 0.15% +0.11
FNDX Schwab Fndmntl US LRG Co. ETF Add +1.2% 3.71% +0.08
GOOGL Alphabet Inc. Class A Add +1.8% 0.27% +0.06
VOE Vngrd Mrngstr MD-Cap Val ETF Add +2.0% 7.28% +0.06
VTV Vanguard Mrngstr Val ETF-Aui Add +1.5% 5.34% +0.05
IJK iShares S&P Mid-Cap 400 Grow Add +9.0% 0.72% +0.05
AOA iShares Core 80/20 Aggressiv Add +86.0% 0.10% +0.05
VXUS Vanguard Total Intl Stock Add +1.5% 2.08% +0.04
DFIS Dimensional International SM Add +68.7% 0.09% +0.04
FENI Fidelity Enhanced Intl ETF New 0.04% +0.04
IDEV iShares Core MSCI Dev MKTS Add +34.8% 0.13% +0.03
AMGN Amgen Inc. New 0.03% +0.03
TJX TJX Companies Inc. New 0.03% +0.03
INCY Incyte Corp. New 0.03% +0.03
BOXX Alpha Architect 1-3 MNTH Box New 0.03% +0.03
QCOM Qualcomm Inc. New 0.03% +0.03
AVDE Avantis International Equity Add +8.2% 0.27% +0.03
FLRG Fidelity US Multifactor ETF Add +5.2% 1.51% +0.02
LLY Eli Lilly & Co. Add +0.2% 0.08% +0.02
VIOO Vanguard S&P Small-Cap 600 E Add +3.4% 1.43% +0.02
CMI Cummins Inc. Add +0.2% 0.11% +0.02
AZN Astrazeneca PLC-Spons ADR Add +0.1% 0.11% +0.02
PEP Pepsico Inc. Add +30.1% 0.06% +0.01
V Visa Inc. Class A Add +3.6% 0.29% +0.01
VONG Vanguard Russell 1000 Growth Add +10.6% 0.12% +0.01
COF Capital One Financial Corp. Add +0.2% 0.08% +0.01
JPM JPMorgan Chase & Co. Add +3.1% 0.28% +0.01
KO The Coca-Cola Co. Add +0.9% 0.22% +0.01
DIS The Walt Disney Co. Add +11.4% 0.09% +0.01
XOM Exxon Mobil Corp. Add +0.7% 0.11% +0.01
SPSM SS SPDR P S&P 600 Small Cap Add +5.3% 0.13% +0.01
VT Vanguard Tot World STK ETF Add +4.2% 0.12% +0.01
IJH iShares Core S&P Midcap ETF Add +5.0% 0.13% +0.00
JAAA Janus Henderson Aaa Clo ETF Add +6.7% 0.11% +0.00
SUSA iShares ESG Optimized MSCI U Add +1.0% 0.18% +0.00
NEE Nextera Energy Inc. Add +0.3% 0.06% +0.00
QQQ Invesco QQQ Trust Series 1 Add +4.2% 0.05% +0.00
SPGI S&P Global Inc. Add +0.5% 0.03% +0.00
IWB iShares Russell 1000 ETF Add +0.3% 0.30% +0.00
IJR iShares Core S&P Small-Cap E Add +1.2% 6.67% +0.00
MA Mastercard Inc. Class A Add +0.8% 0.05% −0.00
PFE Pfizer Inc. Add +1.4% 0.03% −0.00
ABBV Abbvie Inc. Add +1.4% 0.06% −0.00
PM Philip Morris International Add +1.2% 0.07% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 175$863.7MPRF, AGOX, DFAI, VOE, IJR
Q1 2026 162$733.0MPRF, DFAI, AGOX, VOE, IJR
Q4 2025 162$731.9MPRF, DFAI, AGOX, VOE, IJR
Q3 2025 164$715.0MPRF, AGOX, DFAI, VOE, IJR