ERn Financial, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 15, 2024), ERn Financial, LLC reported 173 stock positions worth $576.5 million. Its top holding was Invesco S&P 500 Revenue ETF (RWL) at 6.1% of the portfolio, followed by Vanguard S&P 500 Growth ETF (VOOG, 5.8%) and SS SPDR P S&P 500 Value ETF (SPYV, 4.5%). Compared with Q4 2023, it opened 8 new positions, sold out of 1, added to 93 and reduced 56. The biggest buy was SS SPDR P S&P 500 Value ETF (SPYV, shares +4%) and the biggest sale First Trust Smith Opportunis (FIXD, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- MIDDLETON, WI
- CIK
- 0001768302
- Portfolio Value
- $576.5M (Q1 2024)
- SEC Filing
- 0001768302-24-000003 ↗ filed Apr 15, 2024
Holdings Value
Holdings 173 stocks · $576.5M
| RWL Invesco S&P 500 Revenue ETF | 6.06% | 372,764 | $34.9M | Add +0.1% |
| VOOG Vanguard S&P 500 Growth ETF | 5.77% | 109,228 | $33.3M | Reduce -0.0% |
| SPYV SS SPDR P S&P 500 Value ETF | 4.50% | 517,687 | $25.9M | Add +3.7% |
| OMFL Invesco Russell 1000 DYN M/F | 4.08% | 426,127 | $23.5M | Reduce -0.3% |
| SPYG SS SPDR P S&P 500 Growth ETF | 3.68% | 290,064 | $21.2M | Add +0.6% |
| VEA Vanguard Ftse Developed ETF | 3.48% | 400,395 | $20.1M | Add +1.7% |
| SPDW Ste STR SPDR PT DW Eu ETF | 3.44% | 553,152 | $19.8M | Add +2.6% |
| MDYV SS SPDR S&P 400 MC Val ETF | 2.89% | 219,510 | $16.7M | Add +0.1% |
| LMBS First Trust Low Duration Opp | 2.43% | 290,236 | $14.0M | Add +5.7% |
| SPEM State Street SP PTF Em ETF | 2.42% | 386,142 | $14.0M | Reduce -0.0% |
| FMB First Trust Managed Municipa | 2.22% | 249,260 | $12.8M | Add +0.3% |
| JHMM John Hancock Multi Fact Mid | 2.20% | 221,010 | $12.7M | Add +0.4% |
| QUAL iShares MSCI USA Quality Fac | 1.91% | 66,855 | $11.0M | Reduce -2.5% |
| AVEM Avantis Emerging Markets Eq | 1.72% | 171,371 | $9.9M | Add +2.7% |
| IEFA iShares Core MSCI Eafe ETF | 1.69% | 131,152 | $9.7M | Add +3.3% |
| REET iShares Global REIT ETF | 1.63% | 397,624 | $9.4M | Add +16.3% |
| DFAX Dimensional World Ex US Core | 1.62% | 368,117 | $9.4M | Add +2.3% |
| USRT iShares Core US REIT ETF | 1.58% | 169,148 | $9.1M | Add +0.7% |
| MDYG SS SPDR S&P 400 MC GR ETF | 1.44% | 94,801 | $8.3M | Reduce -1.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.35% | 22,645 | $7.8M | Reduce -0.3% |
| HMOP Hartford Municipal Opp ETF | 1.34% | 198,725 | $7.7M | Reduce -0.9% |
| HTAB Hartford Schroders Tax Aware | 1.33% | 392,883 | $7.7M | Add +4.9% |
| JCPB JPMorgan Core Plus Bond ETF | 1.31% | 162,188 | $7.6M | Add +2.9% |
| AAPL Apple Inc. | 1.25% | 41,893 | $7.2M | Add +2.0% |
| FIXD First Trust Smith Opportunis | 1.15% | 152,157 | $6.6M | Reduce -4.3% |
| SPAB SS SPDR P Agg Bond ETF | 1.10% | 251,707 | $6.4M | Add +1.0% |
| EFA iShares MSCI Eafe ETF | 1.08% | 77,629 | $6.2M | Reduce -0.3% |
| IJR iShares Core S&P Small-Cap E | 1.07% | 56,002 | $6.2M | Reduce -0.4% |
| FDG American Century Focused DYN | 0.95% | 66,430 | $5.5M | Reduce -0.1% |
| VOO Vanguard S&P 500 ETF | 0.93% | 11,144 | $5.4M | Add +0.4% |
| DFAI Dimensional International Co. | 0.91% | 174,428 | $5.3M | Add +1.6% |
| MSFT Microsoft Corp. | 0.89% | 12,248 | $5.2M | Add +1.4% |
| VONG Vanguard Russell 1000 Growth | 0.86% | 57,268 | $5.0M | Reduce -0.9% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.84% | 55,714 | $4.9M | Reduce -4.2% |
| SPIP SS SPDR P Tips ETF | 0.83% | 187,711 | $4.8M | Add +2.0% |
| FOCT FT Vest U.S. Equity Buffer E | 0.72% | 102,469 | $4.2M | Add +2.1% |
| NVDA Nvidia Corp. | 0.70% | 4,482 | $4.0M | Reduce -1.3% |
| DFAU Dimensional US Core Equity M | 0.70% | 109,870 | $4.0M | Reduce -20.4% |
| FNOV FT Vest US Equity Buffer ETF | 0.68% | 87,853 | $3.9M | Reduce -0.7% |
| AVUV Avantis US Small Cap Value | 0.66% | 40,454 | $3.8M | Add +0.4% |
| FTCS First Trust Capital Strength | 0.61% | 40,768 | $3.5M | Reduce -6.4% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.60% | 56,201 | $3.5M | Add +3.6% |
| SPGP Invesco S&P 500 Garp ETF | 0.58% | 31,636 | $3.4M | Reduce -3.6% |
| AMZN Amazon.com Inc. | 0.58% | 18,475 | $3.3M | Add +0.0% |
| DFCF Dimensional Core Fixed Inc. | 0.58% | 79,185 | $3.3M | Add +25.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.52% | 18,275 | $3.0M | Add +0.9% |
| FVD First Trust Value Line DVD | 0.50% | 68,861 | $2.9M | Reduce -0.4% |
| MUNI PIMCO Intermediate Municipal | 0.48% | 53,056 | $2.8M | Add +1.7% |
| COWZ Pacer US Cash Cows 100 ETF | 0.46% | 45,292 | $2.6M | Reduce -3.5% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.45% | 60,915 | $2.6M | Reduce -0.0% |
| IJH iShares Core S&P Midcap ETF | 0.45% | 43,158 | $2.6M | Reduce -1.6% |
| JHML John Hancock Multi Fact LRG | 0.44% | 39,567 | $2.6M | Reduce -3.4% |
| GOOGL Alphabet Inc. Class A | 0.43% | 16,595 | $2.5M | Add +3.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.42% | 9,789 | $2.4M | Reduce -1.5% |
| TSLA Tesla Inc. | 0.41% | 13,415 | $2.4M | Add +15.1% |
| SPHQ Invesco S&P 500 Quality ETF | 0.40% | 38,354 | $2.3M | Reduce -0.6% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.39% | 9,449 | $2.2M | Reduce -0.7% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.36% | 24,993 | $2.1M | Add +0.9% |
| EEMA iShares MSCI Emerg MRKT Asia | 0.36% | 30,089 | $2.0M | Add +1.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.35% | 4,805 | $2.0M | Add +0.8% |
| EVH Evolent Health Inc. Class A | 0.34% | 59,574 | $2.0M | Reduce -11.4% |
| SMIN iShares MSCI India Small-Cap | 0.32% | 26,499 | $1.9M | Add +3.0% |
| IVV iShares Core S&P 500 ETF | 0.31% | 3,394 | $1.8M | Reduce -2.8% |
| SKYY First Trust Cloud Computing | 0.30% | 18,183 | $1.7M | Reduce -2.6% |
| FICO Fair Isaac Corp. | 0.30% | 1,366 | $1.7M | No change |
| SYK Stryker Corp. | 0.29% | 4,649 | $1.7M | Add +1.0% |
| JMUB JPMorgan Municipal ETF | 0.29% | 32,721 | $1.7M | Add +1.7% |
| ORCL Oracle Corp. | 0.28% | 12,831 | $1.6M | Add +0.7% |
| SMH Vaneck Semiconductor ETF | 0.28% | 7,118 | $1.6M | Reduce -5.3% |
| EEM iShares MSCI Emerging Market | 0.27% | 38,127 | $1.6M | Reduce -2.0% |
| DE Deere & Co. | 0.27% | 3,725 | $1.5M | Add +1.1% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.26% | 29,534 | $1.5M | Add +24.7% |
| COST Costco Wholesale Corp. | 0.26% | 2,036 | $1.5M | Add +1.8% |
| V Visa Inc. Class A | 0.25% | 5,110 | $1.4M | Add +1.7% |
| XOM Exxon Mobil Corp. | 0.24% | 11,979 | $1.4M | Reduce -3.1% |
| UNH Unitedhealth Group Inc. | 0.24% | 2,784 | $1.4M | Add +0.9% |
| DFIS Dimensional International SM | 0.22% | 51,326 | $1.3M | Add +5.6% |
| UNP Union Pacific Corp. | 0.22% | 5,101 | $1.3M | Add +0.6% |
| CACC Credit Acceptance Corp. | 0.20% | 2,100 | $1.2M | No change |
| JPM JPMorgan Chase & Co. | 0.20% | 5,746 | $1.2M | Add +1.9% |
| JEPI JPMorgan Equity Premium Inco | 0.20% | 19,752 | $1.1M | Add +3.7% |
| VIG Vanguard Dividend Apprec ETF | 0.20% | 6,198 | $1.1M | Reduce -3.0% |
| HD Home Depot Inc. | 0.19% | 2,906 | $1.1M | No change |
| BUG Global X Cybersecurity ETF | 0.19% | 37,363 | $1.1M | Reduce -3.8% |
| JNJ Johnson & Johnson | 0.19% | 7,019 | $1.1M | Add +2.8% |
| HON Honeywell International Inc. | 0.19% | 5,379 | $1.1M | Add +1.2% |
| LLY Eli Lilly & Co. | 0.19% | 1,414 | $1.1M | Add +3.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.19% | 2,097 | $1.1M | Reduce -2.1% |
| ACN Accenture PLC Class A | 0.18% | 3,053 | $1.1M | Add +1.2% |
| TMO Thermo Fisher Scientific Inc. | 0.18% | 1,819 | $1.1M | Add +1.6% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.18% | 18,250 | $1.1M | No change |
| CVX Chevron Corp. | 0.18% | 6,655 | $1.0M | Add +1.1% |
| PEP Pepsico Inc. | 0.18% | 5,924 | $1.0M | Add +2.4% |
| DFAC Dimensional US Core Equity 2 | 0.17% | 30,173 | $964K | No change |
| PNW Pinnacle West Capital | 0.17% | 12,816 | $958K | Add +57.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.16% | 7,562 | $925K | Reduce -9.8% |
| XLB SS Materials Select Sector | 0.16% | 9,783 | $909K | Add +3.2% |
| MTUM iShares MSCI USA Momentum Fa | 0.16% | 4,845 | $908K | Reduce -1.5% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.15% | 3,424 | $893K | Reduce -0.3% |
| IUSV iShares Core S&P U.S. Value | 0.15% | 9,530 | $862K | Add +0.7% |
Portfolio Sells Q4 2023 → Q1 2024
| FIXD First Trust Smith Opportunis | Reduce -4.3% | 1.15% | −0.17 |
| DFAU Dimensional US Core Equity M | Reduce -20.4% | 0.70% | −0.17 |
| HMOP Hartford Municipal Opp ETF | Reduce -0.9% | 1.34% | −0.13 |
| SPGI S&P Global Inc. | Reduce -27.8% | 0.13% | −0.07 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.06 |
| FTCS First Trust Capital Strength | Reduce -6.4% | 0.61% | −0.06 |
| SPEM State Street SP PTF Em ETF | Reduce -0.0% | 2.42% | −0.05 |
| SLYG SS SPDR S&P 600 SC GR ETF | Reduce -4.2% | 0.84% | −0.05 |
| EVH Evolent Health Inc. Class A | Reduce -11.4% | 0.34% | −0.04 |
| FNOV FT Vest US Equity Buffer ETF | Reduce -0.7% | 0.68% | −0.03 |
| BUG Global X Cybersecurity ETF | Reduce -3.8% | 0.19% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.4% | 1.07% | −0.02 |
| QUAL iShares MSCI USA Quality Fac | Reduce -2.5% | 1.91% | −0.02 |
| FVD First Trust Value Line DVD | Reduce -0.4% | 0.50% | −0.02 |
| PM Philip Morris International | Reduce -4.8% | 0.07% | −0.01 |
| MCD McDonald's Corp. | Reduce -0.1% | 0.08% | −0.01 |
| EFA iShares MSCI Eafe ETF | Reduce -0.3% | 1.08% | −0.01 |
| NOC Northrop Grumman Corp. | Reduce -2.9% | 0.09% | −0.01 |
| OMFS Invesco RSL 2000 DYN Mltfctr | Reduce -4.8% | 0.11% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -3.0% | 0.20% | −0.01 |
| JHML John Hancock Multi Fact LRG | Reduce -3.4% | 0.44% | −0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -0.0% | 0.45% | −0.01 |
| SKYY First Trust Cloud Computing | Reduce -2.6% | 0.30% | −0.01 |
| ROK Rockwell Automation Inc. | Reduce -6.0% | 0.04% | −0.01 |
| EEM iShares MSCI Emerging Market | Reduce -2.0% | 0.27% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -2.8% | 0.31% | −0.01 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -2.0% | 0.08% | −0.01 |
| VONG Vanguard Russell 1000 Growth | Reduce -0.9% | 0.86% | −0.01 |
| BLK BlackRock Finance Inc. | Reduce -1.0% | 0.10% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -8.3% | 0.06% | −0.01 |
| SPGP Invesco S&P 500 Garp ETF | Reduce -3.6% | 0.58% | −0.00 |
| GOOG Alphabet Inc. Class C | Reduce -0.1% | 0.10% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.1% | 0.19% | −0.00 |
| MO Altria Group Inc. | Reduce -3.0% | 0.06% | −0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -1.5% | 0.42% | −0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.3% | 1.35% | −0.00 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -3.2% | 0.11% | −0.00 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -0.7% | 0.39% | −0.00 |
| WMT Walmart Inc. | Reduce -1.8% | 0.07% | −0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -1.8% | 0.11% | +0.00 |
| SPHQ Invesco S&P 500 Quality ETF | Reduce -0.6% | 0.40% | +0.00 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -0.3% | 0.15% | +0.00 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -3.5% | 0.46% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.6% | 0.45% | +0.01 |
| FISV Fiserv Inc. | Reduce -0.6% | 0.12% | +0.01 |
| WFC Wells Fargo & Co. | Reduce -2.8% | 0.07% | +0.01 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -1.5% | 0.16% | +0.01 |
| KLAC KLA Corp. | Reduce -1.3% | 0.11% | +0.01 |
| DIS The Walt Disney Co. | Reduce -9.8% | 0.16% | +0.01 |
| XOM Exxon Mobil Corp. | Reduce -3.1% | 0.24% | +0.02 |
Portfolio Buys Q4 2023 → Q1 2024
| SPYV SS SPDR P S&P 500 Value ETF | Add +3.7% | 4.50% | +0.15 |
| REET iShares Global REIT ETF | Add +16.3% | 1.63% | +0.13 |
| RWL Invesco S&P 500 Revenue ETF | Add +0.1% | 6.06% | +0.11 |
| F Ford Motor Co. | Add +158.0% | 0.13% | +0.09 |
| DFCF Dimensional Core Fixed Inc. | Add +25.6% | 0.58% | +0.08 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +0.6% | 3.68% | +0.07 |
| META Meta Platforms Inc. Class A | Add +59.0% | 0.14% | +0.07 |
| PNW Pinnacle West Capital | Add +57.9% | 0.17% | +0.06 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +2.6% | 3.44% | +0.06 |
| JHMM John Hancock Multi Fact Mid | Add +0.4% | 2.20% | +0.06 |
| AMZN Amazon.com Inc. | Add +0.0% | 0.58% | +0.04 |
| LOW Lowe's Cos Inc. | New | 0.04% | +0.04 |
| IEFA iShares Core MSCI Eafe ETF | Add +3.3% | 1.69% | +0.04 |
| PHM Pultegroup Inc. | New | 0.04% | +0.04 |
| MCK McKesson Corp. | New | 0.04% | +0.04 |
| CLX Clorox Company | New | 0.04% | +0.04 |
| MA Mastercard Inc. Class A | New | 0.04% | +0.04 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.04% | +0.04 |
| CRM Salesforce Inc. | New | 0.04% | +0.04 |
| AEP American Electric Power | New | 0.03% | +0.03 |
| AVEM Avantis Emerging Markets Eq | Add +2.7% | 1.72% | +0.03 |
| JMST JPM Ultra-Short Muni Income | Add +24.7% | 0.26% | +0.03 |
| LLY Eli Lilly & Co. | Add +3.7% | 0.19% | +0.03 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +3.6% | 0.60% | +0.02 |
| NFLX Netflix Inc. | Add +8.9% | 0.12% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.8% | 0.35% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +1.9% | 0.20% | +0.02 |
| DFAX Dimensional World Ex US Core | Add +2.3% | 1.62% | +0.02 |
| ORCL Oracle Corp. | Add +0.7% | 0.28% | +0.02 |
| TT Trane Technologies PLC | Add +2.9% | 0.12% | +0.02 |
| SYK Stryker Corp. | Add +1.0% | 0.29% | +0.01 |
| BAC Bank of America Corp. | Add +0.7% | 0.14% | +0.01 |
| FIS Fidelity National Info Serv | Add +4.1% | 0.08% | +0.01 |
| VEA Vanguard Ftse Developed ETF | Add +1.7% | 3.48% | +0.01 |
| PYLD PIMCO Multisector Bond Actv | Add +22.0% | 0.09% | +0.01 |
| XLB SS Materials Select Sector | Add +3.2% | 0.16% | +0.01 |
| AVGO Broadcom Inc. | Add +2.7% | 0.12% | +0.01 |
| HCA HCA Healthcare Inc. | Add +1.4% | 0.12% | +0.01 |
| XOP SS SPDR S&P Og Exp & Prod | Add +2.6% | 0.08% | +0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.9% | 0.52% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +0.4% | 0.93% | +0.01 |
| DFIS Dimensional International SM | Add +5.6% | 0.22% | +0.01 |
| XLE SS Energy Select Sector | Add +2.1% | 0.09% | +0.01 |
| EEMA iShares MSCI Emerg MRKT Asia | Add +1.8% | 0.36% | +0.01 |
| FBND Fidelity Total Bond ETF | Add +16.6% | 0.12% | +0.01 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +2.0% | 0.13% | +0.01 |
| DFAI Dimensional International Co. | Add +1.6% | 0.91% | +0.01 |
| CVX Chevron Corp. | Add +1.1% | 0.18% | +0.01 |
| PG The Procter & Gamble Co. | Add +2.9% | 0.11% | +0.00 |
| AFDM FRST TRST Act Fact Em ETF-US | Add +5.3% | 0.14% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 161 | $604.3M | SPYG, SPYV, SPDW, IEFA, USTB |
| Q1 2026 | 150 | $531.8M | SPYV, SPYG, SPDW, IEFA, USTB |
| Q4 2025 | 146 | $531.9M | SPYG, SPYV, SPDW, IEFA, USTB |
| Q3 2025 | 140 | $506.5M | SPYG, SPYV, SPDW, MDYV, OMFL |
| Q2 2025 | 145 | $474.0M | SPYG, SPYV, SPDW, MDYV, OMFL |
| Q1 2025 | 180 | $632.9M | RWL, VOOG, SPYG, SPYV, SPDW |
| Q4 2024 | 190 | $666.5M | VOOG, RWL, SPYG, SPYV, SPDW |
| Q3 2024 | 187 | $657.3M | VOOG, RWL, SPYG, SPYV, SPDW |
| Q2 2024Amended | 177 | $602.8M | VOOG, RWL, SPYG, SPYV, SPDW |
| Q1 2024 | 173 | $576.5M | RWL, VOOG, SPYV, OMFL, SPYG |