Diversified Management Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 10, 2026), Diversified Management Inc. reported 171 stock positions worth $468.1 million. Its top holding was Rockwell Automation (ROK) at 12.5% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 8.2%) and Vngrd Mrngstr MD-Cap Val ETF (VOE, 6.1%). Compared with Q1 2026, it opened 9 new positions, sold out of 100, added to 32 and reduced 111. The biggest buy was iShares Core S&P Small-Cap E (IJR, shares +10%) and the biggest sale Aramark (ARMK, shares −90%).

Most Recent 13F
Q2 2026
Location
MILWAUKEE, WI
CIK
0000922372
Portfolio Value
$468.1M (Q2 2026)
SEC Filing
0002085853-26-000682 ↗ filed Jul 10, 2026

Holdings Value

0$200.0M$400.0M$600.0M Q4 2025: $428.5M Q4 2025 Q1 2026: $583.2M Q1 2026 Q2 2026: $468.1M $468.1M Q2 2026

Holdings 171 stocks · $468.1M
ROK Rockwell Automation Inc. 12.52% 118,345 $58.6M Reduce -1.4%
SPY SS SPDR S&P 500 ETF Trust-US 8.21% 51,464 $38.4M Reduce -0.2%
VOE Vngrd Mrngstr MD-Cap Val ETF 6.12% 144,951 $28.6M Reduce -0.7%
WSC Willscot Holdings Corp. 5.59% 906,281 $26.2M Reduce -24.5%
AAPL Apple Inc. 4.29% 69,380 $20.1M Reduce -4.9%
IWP iShares Russell Mid-Cap Grow 3.89% 124,322 $18.2M Add +1.0%
IJH iShares Core S&P Midcap ETF 3.78% 229,530 $17.7M Add +0.8%
IJR iShares Core S&P Small-Cap E 3.44% 108,471 $16.1M Add +9.6%
EFA iShares MSCI Eafe ETF 3.28% 147,913 $15.4M Reduce -0.1%
QQQ Invesco QQQ Trust Series 1 2.80% 17,826 $13.1M Reduce -6.3%
INFL Horizon Kinetics Infl Benef 2.40% 224,829 $11.2M Reduce -2.2%
MU Micron Technology Inc. 2.19% 8,881 $10.3M Reduce -0.4%
VBR Vngrd Mrngst SL-CP Val ETF-U 1.94% 37,294 $9.1M Reduce -0.7%
MDY State Street SPDR S&P Midcap 1.64% 10,913 $7.7M Reduce -0.1%
RSP Invesco S&P 500 Equal Weight 1.62% 35,617 $7.6M Reduce -5.7%
AMZN Amazon.com Inc. 1.46% 28,758 $6.9M Reduce -6.5%
TCAF T Rowe PRC Cap Appreciation 1.31% 149,463 $6.1M Add +0.3%
TSI TCW Strategic Income Fund 1.25% 1,300,762 $5.9M Reduce -3.5%
XSORX Source Capital Inc. 1.19% 121,285 $5.6M Add +2.8%
VTI VG Morningstar TS MKT ETF-US 1.13% 14,273 $5.3M Add +0.2%
VXUS Vanguard Total Intl Stock 1.10% 60,500 $5.2M Add +21.8%
EFG iShares MSCI Eafe Growth ETF 1.09% 41,079 $5.1M Add +1.6%
IVV iShares Core S&P 500 ETF 1.05% 6,573 $4.9M Reduce -6.8%
VIG Vanguard Dividend Apprec ETF 0.97% 19,249 $4.6M Add +4.5%
MSFT Microsoft Corp. 0.78% 9,768 $3.6M Reduce -33.2%
VOO Vanguard S&P 500 ETF 0.77% 5,277 $3.6M Add +10.5%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.77% 9,863 $3.6M Add +298.7%
GLD SPDR Gold Shares 0.68% 8,620 $3.2M Reduce -0.4%
IVW iShares S&P 500 Growth ETF 0.65% 22,049 $3.0M Add +1.0%
WEC WEC Energy Group Inc. 0.65% 25,869 $3.0M Reduce -22.5%
MDLV Morgan Dempsey LC Value ETF 0.63% 96,481 $3.0M Add +5.7%
IJT iShares S&P Small-Cap 600 GR 0.60% 15,612 $2.8M Add +40.4%
NVDA Nvidia Corp. 0.54% 12,684 $2.5M Reduce -7.1%
LLY Eli Lilly & Co. 0.52% 2,013 $2.4M Reduce -4.0%
TER Teradyne Inc. 0.49% 4,700 $2.3M Reduce -0.0%
VTV Vanguard Mrngstr Val ETF-Aui 0.45% 9,740 $2.1M Add +253.5%
BRK.B Berkshire Hathaway Inc. Class B 0.45% 4,223 $2.1M Reduce -50.7%
AMAT Applied Materials Inc. 0.44% 2,875 $2.1M Reduce -40.6%
CSCO Cisco Systems Inc. 0.44% 17,375 $2.0M Reduce -42.0%
JNJ Johnson & Johnson 0.42% 7,731 $2.0M Reduce -61.1%
CAT Caterpillar Inc. 0.39% 1,710 $1.8M Reduce -51.5%
JPM JPMorgan Chase & Co. 0.38% 5,432 $1.8M Reduce -72.7%
GOOGL Alphabet Inc. Class A 0.38% 4,911 $1.8M Reduce -62.5%
STM Stmicroelectronics NV-NY SHS 0.37% 23,400 $1.8M Reduce -6.4%
TMO Thermo Fisher Scientific Inc. 0.34% 3,187 $1.6M Reduce -8.4%
PH Parker Hannifin Corp. 0.34% 1,632 $1.6M Reduce -0.1%
ABBV Abbvie Inc. 0.32% 5,888 $1.5M Reduce -3.4%
META Meta Platforms Inc. Class A 0.31% 2,578 $1.5M Reduce -48.2%
FNDX Schwab Fndmntl US LRG Co. ETF 0.30% 45,475 $1.4M Add +19.8%
TXN Texas Instruments Inc. 0.27% 4,231 $1.3M Reduce -35.9%
NOW ServiceNow Inc. 0.27% 12,500 $1.2M Reduce -0.6%
MRK Merck & Co. Inc. 0.25% 8,961 $1.2M Reduce -38.7%
EQAL Invesco Russell 1000 Equal W 0.24% 18,857 $1.1M Add +0.4%
IWO iShares Russell 2000 Growth 0.23% 2,778 $1.1M Reduce -13.5%
VUG Vanguard Mrngstar GR ETF-Sui 0.22% 12,012 $1.0M Reduce -12.8%
XOM Exxon Mobil Corp. 0.22% 7,501 $1.0M Reduce -77.5%
QQQM Invesco Nasdaq 100 ETF 0.22% 3,340 $1.0M New
JCI Johnson Controls Internation 0.21% 6,813 $995K Reduce -17.3%
MCD McDonald's Corp. 0.21% 3,674 $993K Reduce -36.0%
WMT Walmart Inc. 0.20% 8,444 $956K Reduce -3.8%
IJS iShares S&P Small-Cap 600 Va 0.20% 6,904 $944K Add +0.4%
COST Costco Wholesale Corp. 0.19% 975 $912K Reduce -21.9%
VB Vanguard Most SM-Cap ETF-Usd 0.19% 2,971 $901K Add +3.7%
AVGO Broadcom Inc. 0.19% 2,370 $895K Reduce -58.0%
SCHW Schwab (charles) Corp. 0.19% 9,537 $880K Reduce -83.3%
IWM iShares Russell 2000 ETF 0.19% 2,916 $876K Reduce -1.3%
MCS Marcus Corporation 0.18% 36,425 $855K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.18% 3,027 $851K Reduce -46.9%
IWR iShares Russell Mid-Cap ETF 0.18% 7,463 $823K No change
SCHM Schwab US Mid Cap ETF 0.17% 21,903 $808K No change
HD Home Depot Inc. 0.17% 2,250 $793K Reduce -69.1%
ARMK Aramark 0.17% 13,791 $785K Reduce -90.5%
FERG Ferguson Enterprises Inc. 0.17% 3,299 $783K Reduce -81.0%
BRK.A Berkshire Hathaway Inc. Class A 0.16% 1 $749K No change
GS Goldman Sachs Group Inc. 0.16% 722 $730K Reduce -85.3%
ORCL Oracle Corp. 0.15% 4,907 $719K Reduce -23.9%
KO The Coca-Cola Co. 0.15% 8,832 $718K Reduce -53.0%
IEFA iShares Core MSCI Eafe ETF 0.14% 6,756 $652K Add +5.6%
PG The Procter & Gamble Co. 0.14% 4,443 $651K Add +3.8%
VEU Vanguard Ftse All-World Ex-U 0.14% 7,548 $632K Add +4.5%
ADI Analog Devices Inc. 0.13% 1,586 $630K Reduce -8.1%
SPYG SS SPDR P S&P 500 Growth ETF 0.13% 5,230 $622K Reduce -62.0%
EFV iShares MSCI Eafe Value ETF 0.13% 8,073 $618K Add +0.2%
SHY iShares 1-3 Year Treasury Bo 0.13% 7,228 $593K New
MMM 3M Co. 0.13% 3,627 $587K Reduce -3.5%
NOC Northrop Grumman Corp. 0.13% 1,153 $587K Reduce -0.2%
PEP Pepsico Inc. 0.13% 4,336 $587K Reduce -74.7%
SCHA Schwab US Small-Cap ETF 0.12% 15,804 $571K Add +0.5%
QCOM Qualcomm Inc. 0.12% 3,040 $562K Reduce -9.0%
MA Mastercard Inc. Class A 0.12% 1,073 $551K Reduce -26.7%
DGX Quest Diagnostics Inc. 0.12% 2,596 $550K Reduce -79.4%
RTX RTX Corp. 0.12% 2,896 $549K Reduce -7.3%
VEA Vanguard Ftse Developed ETF 0.12% 7,705 $549K Reduce -33.6%
MO Altria Group Inc. 0.12% 7,603 $547K Reduce -10.8%
GWW WW Grainger Inc. 0.12% 400 $544K Reduce -3.1%
CI The Cigna Group 0.12% 1,964 $541K Reduce -0.9%
GOOG Alphabet Inc. Class C 0.11% 1,494 $528K Reduce -88.6%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.11% 9,578 $505K No change
DE Deere & Co. 0.11% 785 $498K Reduce -44.8%
NVT Nvent Electric PLC 0.11% 2,916 $495K No change

Show all 171 holdings

Portfolio Sells Q1 2026 → Q2 2026
ARMK Aramark Reduce -90.5% 0.17% −0.84
XOM Exxon Mobil Corp. Reduce -77.5% 0.22% −0.75
SCHW Schwab (charles) Corp. Reduce -83.3% 0.19% −0.73
BKNG Booking Holdings Inc. Sold out 0.00% −0.72
INTC Intel Corp. Reduce -97.6% 0.07% −0.70
JPM JPMorgan Chase & Co. Reduce -72.7% 0.38% −0.62
ETN Eaton Corp. PLC Reduce -94.5% 0.05% −0.60
AVY Avery Dennison Corp. Sold out 0.00% −0.56
GS Goldman Sachs Group Inc. Reduce -85.3% 0.16% −0.55
GOOG Alphabet Inc. Class C Reduce -88.6% 0.11% −0.53
FERG Ferguson Enterprises Inc. Reduce -81.0% 0.17% −0.53
BDX Becton Dickinson and Co. Sold out 0.00% −0.49
CARR Carrier Global Corp. Sold out 0.00% −0.47
ACN Accenture PLC Class A Sold out 0.00% −0.46
WTM White Mountains Insurance GP Sold out 0.00% −0.44
UNH Unitedhealth Group Inc. Sold out 0.00% −0.43
JNJ Johnson & Johnson Reduce -61.1% 0.42% −0.41
CDW CDW Corp. Sold out 0.00% −0.40
PGR Progressive Corp. Sold out 0.00% −0.37
ACGL Arch Capital Group Ltd. Sold out 0.00% −0.34
BAC Bank of America Corp. Sold out 0.00% −0.34
CSL Carlisle Cos Inc. Sold out 0.00% −0.34
ALLE Allegion PLC Reduce -87.5% 0.06% −0.34
MAS Masco Corp. Sold out 0.00% −0.33
PEP Pepsico Inc. Reduce -74.7% 0.13% −0.33
PRI Primerica Inc. Sold out 0.00% −0.33
PNC PNC Financial Services Group Sold out 0.00% −0.32
T AT&T Inc. Sold out 0.00% −0.31
DGX Quest Diagnostics Inc. Reduce -79.4% 0.12% −0.31
VVV Valvoline Inc. Sold out 0.00% −0.30
FCFS Firstcash Holdings Inc. Reduce -85.6% 0.08% −0.30
ARW Arrow Electronics Inc. Sold out 0.00% −0.30
HSIC Henry Schein Inc. Sold out 0.00% −0.30
ATR Aptargroup Inc. Sold out 0.00% −0.29
PHG Koninklijke Philips NVR- NY Reduce -79.6% 0.10% −0.29
UL Unilever PLC-Sponsored ADR Reduce -82.8% 0.08% −0.28
FMS Fresenius Medical Care-ADR Sold out 0.00% −0.28
SYY Sysco Corp. Reduce -83.4% 0.09% −0.28
ZION Zions Bancorp NA Reduce -82.6% 0.10% −0.28
FCN Fti Consulting Inc. Sold out 0.00% −0.27
CNM Core & Main Inc. Class A Sold out 0.00% −0.27
GOOGL Alphabet Inc. Class A Reduce -62.5% 0.38% −0.27
IAU iShares Gold Trust Sold out 0.00% −0.27
GTES Gates Industrial Corp. UK Ltd. Reduce -88.3% 0.06% −0.27
DLTR Dollar Tree Inc. Sold out 0.00% −0.26
OMF Onemain Holdings Inc. Reduce -89.4% 0.05% −0.25
CVCO Cavco Industries Inc. Sold out 0.00% −0.25
BRK.B Berkshire Hathaway Inc. Class B Reduce -50.7% 0.45% −0.25
COF Capital One Financial Corp. Sold out 0.00% −0.25
HD Home Depot Inc. Reduce -69.1% 0.17% −0.24

Portfolio Buys Q1 2026 → Q2 2026
IJR iShares Core S&P Small-Cap E Add +9.6% 3.44% +1.33
IWP iShares Russell Mid-Cap Grow Add +1.0% 3.89% +1.18
IJH iShares Core S&P Midcap ETF Add +0.8% 3.78% +1.14
VBK Van Morst SML-Cap Gro-Usd Inc. Add +298.7% 0.77% +0.64
VXUS Vanguard Total Intl Stock Add +21.8% 1.10% +0.45
TCAF T Rowe PRC Cap Appreciation Add +0.3% 1.31% +0.40
VTV Vanguard Mrngstr Val ETF-Aui Add +253.5% 0.45% +0.36
VTI VG Morningstar TS MKT ETF-US Add +0.2% 1.13% +0.34
IJT iShares S&P Small-Cap 600 GR Add +40.4% 0.60% +0.32
EFG iShares MSCI Eafe Growth ETF Add +1.6% 1.09% +0.32
VIG Vanguard Dividend Apprec ETF Add +4.5% 0.97% +0.29
VOO Vanguard S&P 500 ETF Add +10.5% 0.77% +0.28
XSORX Source Capital Inc. Add +2.8% 1.19% +0.25
IVW iShares S&P 500 Growth ETF Add +1.0% 0.65% +0.22
QQQM Invesco Nasdaq 100 ETF New 0.22% +0.22
MDLV Morgan Dempsey LC Value ETF Add +5.7% 0.63% +0.16
SHY iShares 1-3 Year Treasury Bo New 0.13% +0.13
FNDX Schwab Fndmntl US LRG Co. ETF Add +19.8% 0.30% +0.12
AMD Advanced Micro Devices New 0.09% +0.09
VB Vanguard Most SM-Cap ETF-Usd Add +3.7% 0.19% +0.06
URI United Rentals Inc. New 0.06% +0.06
IJS iShares S&P Small-Cap 600 Va Add +0.4% 0.20% +0.06
EQAL Invesco Russell 1000 Equal W Add +0.4% 0.24% +0.06
AVUV Avantis US Small Cap Value New 0.06% +0.06
ARKK ARK Innovation ETF New 0.05% +0.05
GE General Electric New 0.05% +0.05
TKR Timken Co. New 0.05% +0.05
BA The Boeing Co. New 0.04% +0.04
SCHA Schwab US Small-Cap ETF Add +0.5% 0.12% +0.04
VEU Vanguard Ftse All-World Ex-U Add +4.5% 0.14% +0.04
IEFA iShares Core MSCI Eafe ETF Add +5.6% 0.14% +0.04
IWD iShares Russell 1000 Value E Add +4.8% 0.10% +0.03
PG The Procter & Gamble Co. Add +3.8% 0.14% +0.03
MS Morgan Stanley Add +13.4% 0.07% +0.03
IVE iShares S&P 500 Value ETF Add +33.1% 0.07% +0.03
EFV iShares MSCI Eafe Value ETF Add +0.2% 0.13% +0.03
IWN iShares Russell 2000 Value E Add +0.1% 0.07% +0.02
SPDW Ste STR SPDR PT DW Eu ETF Add +1.4% 0.07% +0.02
MDYV SS SPDR S&P 400 MC Val ETF Add +0.1% 0.05% +0.01
WM Waste Management Inc. Add +1.9% 0.06% +0.01
LOW Lowe's Cos Inc. Add +10.3% 0.05% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 171$468.1MROK, SPY, VOE, WSC, AAPL
Q1 2026 262$583.2MROK, SPY, VOE, WSC, AAPL
Q4 2025 177$428.5MROK, SPY, VOE, AAPL, WSC