Dahring | Cusmano LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 5, 2026), Dahring | Cusmano LLC reported 49 stock positions worth $143.8 million. Its top holding was PIMCO Multisector Bond Actv (PYLD) at 12.6% of the portfolio, followed by Schwab US Large-Cap Growth (SCHG, 12.1%) and Fidelity Fndmntl L/C Cor ETF (FFLC, 11.7%). Compared with Q3 2025, it sold out of 4, added to 28 and reduced 18. The biggest buy was Schwab High Yield Bond ETF (SCYB, shares +16%) and the biggest sale T Rowe PRC Cap Appreciation (TCAF, shares −23%).
- Most Recent 13F
- Q2 2026
- Location
- NOVI, MI
- CIK
- 0002053669
- Portfolio Value
- $143.8M (Q4 2025)
- SEC Filing
- 0002053669-26-000001 ↗ filed Feb 5, 2026
Holdings Value
Holdings 49 stocks · $143.8M
| PYLD PIMCO Multisector Bond Actv | 12.65% | 681,755 | $18.2M | Add +5.6% |
| SCHG Schwab US Large-Cap Growth | 12.14% | 534,982 | $17.5M | Add +3.9% |
| FFLC Fidelity Fndmntl L/C Cor ETF | 11.67% | 314,608 | $16.8M | Add +6.1% |
| FBND Fidelity Total Bond ETF | 7.57% | 236,532 | $10.9M | Reduce -0.1% |
| FESM Fidelity Enhanced Small Cap | 7.05% | 268,173 | $10.1M | Add +4.5% |
| XMHQ Invesco S&P Midcap Qual ETF | 6.39% | 89,764 | $9.2M | Add +3.4% |
| SCYB Schwab High Yield Bond ETF | 5.94% | 323,169 | $8.5M | Add +15.9% |
| FBCG Fidelity Blue Chip Grow ETF | 4.79% | 125,635 | $6.9M | Add +6.6% |
| FENI Fidelity Enhanced Intl ETF | 4.41% | 173,213 | $6.3M | Reduce -0.2% |
| IAU iShares Gold Trust | 2.80% | 49,638 | $4.0M | Reduce -11.3% |
| FTEC Fidelity MSCI Info Tech Indx | 2.45% | 15,663 | $3.5M | Add +5.6% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 2.43% | 11,103 | $3.5M | Add +1.0% |
| TSPA T Rowe Price US Eqy Research | 2.38% | 79,956 | $3.4M | Add +4.3% |
| TBUX T Rowe Price Ultra Short-Ter | 1.49% | 42,885 | $2.1M | Reduce -4.0% |
| CGBL Cap Group Core Balanced filed as CAPITAL GROUP CORE BALANCED | 1.46% | 59,605 | $2.1M | Add +6.5% |
| TCAF T Rowe PRC Cap Appreciation | 1.41% | 53,059 | $2.0M | Reduce -22.9% |
| VHT Vanguard Health Care ETF | 1.20% | 5,997 | $1.7M | Add +6.5% |
| TMSL T.rowe PRC Small-Mid Cap ETF | 1.09% | 43,717 | $1.6M | Reduce -0.2% |
| VGMS Vanguard Multi-Sector | 0.74% | 20,650 | $1.1M | Add +187.3% |
| HYDB iShares High Yield Systemati | 0.68% | 20,635 | $977K | Reduce -36.4% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.66% | 8,949 | $955K | Add +0.1% |
| MSFT Microsoft Corp. | 0.60% | 1,790 | $866K | Reduce -23.7% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.55% | 2,608 | $788K | Add +9.3% |
| TFLR T Rowe Price Floating RT ETF | 0.52% | 14,427 | $742K | Reduce -8.8% |
| MINO PIMCO Municipal Income Oppor | 0.48% | 15,193 | $689K | Add +10.5% |
| FDVV Fidelity High Dividend ETF | 0.47% | 11,901 | $675K | Add +94.2% |
| VIG Vanguard Dividend Apprec ETF | 0.43% | 2,833 | $623K | Reduce -0.3% |
| AAPL Apple Inc. | 0.40% | 2,129 | $579K | Reduce -0.1% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.39% | 20,431 | $556K | Reduce -1.0% |
| FDEM Fidelity Emrg MRKT Multifact | 0.38% | 17,646 | $545K | Add +8.0% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.33% | 1,160 | $479K | Reduce -1.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.31% | 1,754 | $453K | Add +0.4% |
| VYM Vanguard High DVD Yield ETF | 0.31% | 3,123 | $448K | Add +0.0% |
| TVAL T. Rowe Price Value ETF | 0.30% | 12,433 | $438K | Add +37.7% |
| IWF iShares Russell 1000 Growth | 0.30% | 901 | $426K | Add +0.1% |
| GLD SPDR Gold Shares | 0.29% | 1,043 | $413K | No change |
| AMZN Amazon.com Inc. | 0.26% | 1,615 | $373K | Reduce -0.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.25% | 589 | $362K | Reduce -3.8% |
| WMT Walmart Inc. | 0.24% | 3,072 | $342K | No change |
| LLY Eli Lilly & Co. | 0.24% | 318 | $342K | Reduce -13.3% |
| WEC WEC Energy Group Inc. | 0.22% | 3,006 | $317K | Add +0.8% |
| NVDA Nvidia Corp. | 0.19% | 1,475 | $275K | Reduce -23.9% |
| PLTR Palantir Technologies Inc. Class A | 0.19% | 1,538 | $273K | No change |
| DTE DTE Energy Company | 0.18% | 2,020 | $261K | Add +0.8% |
| F Ford Motor Co. filed as FORD MTR CO | 0.17% | 18,298 | $240K | Add +1.4% |
| SCHF Schwab Intl Equity ETF | 0.15% | 9,002 | $216K | Add +2.8% |
| IMCG iShares Morningstar Mid-Cap | 0.15% | 2,700 | $216K | Reduce -2.6% |
| TSLA Tesla Inc. | 0.15% | 477 | $215K | Add +0.4% |
| HD Home Depot Inc. | 0.15% | 609 | $209K | Add +0.3% |
Portfolio Sells Q3 2025 → Q4 2025
| TCAF T Rowe PRC Cap Appreciation | Reduce -22.9% | 1.41% | −0.46 |
| HYDB iShares High Yield Systemati | Reduce -36.4% | 0.68% | −0.44 |
| FBND Fidelity Total Bond ETF | Reduce -0.1% | 7.57% | −0.33 |
| AZO AutoZone Inc. | Sold out | 0.00% | −0.32 |
| MSFT Microsoft Corp. | Reduce -23.7% | 0.60% | −0.28 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.22 |
| TSCO Tractor Supply Company | Sold out | 0.00% | −0.21 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.18 |
| IAU iShares Gold Trust | Reduce -11.3% | 2.80% | −0.14 |
| TBUX T Rowe Price Ultra Short-Ter | Reduce -4.0% | 1.49% | −0.12 |
| TFLR T Rowe Price Floating RT ETF | Reduce -8.8% | 0.52% | −0.07 |
| NVDA Nvidia Corp. | Reduce -23.9% | 0.19% | −0.07 |
| TMSL T.rowe PRC Small-Mid Cap ETF | Reduce -0.2% | 1.09% | −0.02 |
| FENI Fidelity Enhanced Intl ETF | Reduce -0.2% | 4.41% | −0.02 |
| IMCG iShares Morningstar Mid-Cap | Reduce -2.6% | 0.15% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -3.8% | 0.25% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.3% | 0.43% | −0.01 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -1.4% | 0.33% | −0.01 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -1.0% | 0.39% | −0.01 |
| AMZN Amazon.com Inc. | Reduce -0.3% | 0.26% | +0.00 |
| AAPL Apple Inc. | Reduce -0.1% | 0.40% | +0.01 |
| LLY Eli Lilly & Co. | Reduce -13.3% | 0.24% | +0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| SCYB Schwab High Yield Bond ETF | Add +15.9% | 5.94% | +0.56 |
| FFLC Fidelity Fndmntl L/C Cor ETF | Add +6.1% | 11.67% | +0.52 |
| VGMS Vanguard Multi-Sector | Add +187.3% | 0.74% | +0.47 |
| FESM Fidelity Enhanced Small Cap | Add +4.5% | 7.05% | +0.27 |
| SCHG Schwab US Large-Cap Growth | Add +3.9% | 12.14% | +0.27 |
| FBCG Fidelity Blue Chip Grow ETF | Add +6.6% | 4.79% | +0.22 |
| FDVV Fidelity High Dividend ETF | Add +94.2% | 0.47% | +0.22 |
| VHT Vanguard Health Care ETF | Add +6.5% | 1.20% | +0.14 |
| PYLD PIMCO Multisector Bond Actv | Add +5.6% | 12.65% | +0.13 |
| TVAL T. Rowe Price Value ETF | Add +37.7% | 0.30% | +0.08 |
| FTEC Fidelity MSCI Info Tech Indx | Add +5.6% | 2.45% | +0.07 |
| CGBL Cap Group Core Balanced | Add +6.5% | 1.46% | +0.06 |
| TSPA T Rowe Price US Eqy Research | Add +4.3% | 2.38% | +0.06 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +9.3% | 0.55% | +0.04 |
| MINO PIMCO Municipal Income Oppor | Add +10.5% | 0.48% | +0.03 |
| FDEM Fidelity Emrg MRKT Multifact | Add +8.0% | 0.38% | +0.02 |
| F Ford Motor Co. | Add +1.4% | 0.17% | +0.01 |
| SCHF Schwab Intl Equity ETF | Add +2.8% | 0.15% | +0.00 |
| TSLA Tesla Inc. | Add +0.4% | 0.15% | −0.00 |
| VYM Vanguard High DVD Yield ETF | Add +0.0% | 0.31% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.4% | 0.31% | −0.01 |
| IWF iShares Russell 1000 Growth | Add +0.1% | 0.30% | −0.01 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +0.1% | 0.66% | −0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +1.0% | 2.43% | −0.01 |
| DTE DTE Energy Company | Add +0.8% | 0.18% | −0.02 |
| WEC WEC Energy Group Inc. | Add +0.8% | 0.22% | −0.03 |
| HD Home Depot Inc. | Add +0.3% | 0.15% | −0.03 |
| XMHQ Invesco S&P Midcap Qual ETF | Add +3.4% | 6.39% | −0.19 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 62 | $189.6M | PYLD, FFLC, SCHG, FESM, VGMS |
| Q1 2026 | 58 | $162.7M | PYLD, FFLC, SCHG, FESM, VGMS |
| Q4 2025 | 49 | $143.8M | PYLD, SCHG, FFLC, FBND, FESM |
| Q3 2025 | 53 | $138.4M | PYLD, SCHG, FFLC, FBND, FESM |
| Q2 2025 | 55 | $128.3M | PYLD, SCHG, FFLC, FBND, HYDB |
| Q1 2025 | 55 | $116.1M | PYLD, SCHG, FFLC, FBND, HYDB |
| Q4 2024 | 61 | $110.3M | SCHG, FBND, PYLD, FFLC, HYDB |