Financial Management Network Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 22, 2024), Financial Management Network Inc. reported 149 stock positions worth $416.7 million. Its top holding was Vaneck Morningstar Wide Moat (MOAT) at 9.8% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 9.6%) and Vaneck Morningstar Smid Moat (SMOT, 3.9%). Compared with Q1 2024, it opened 16 new positions, sold out of 21, added to 61 and reduced 61. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +13%) and the biggest sale PCR US SM CP CSH CWS ETF-Usd (CALF, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- MISSION VIEJO, CA
- CIK
- 0001844831
- Portfolio Value
- $416.7M (Q2 2024)
- SEC Filing
- 0001754960-24-000311 ↗ filed Jul 22, 2024
Holdings Value
Holdings 149 stocks · $416.7M
| MOAT Vaneck Morningstar Wide Moat | 9.81% | 472,494 | $40.9M | Add +4.4% |
| IVV iShares Core S&P 500 ETF | 9.65% | 72,061 | $40.2M | Add +12.5% |
| SMOT Vaneck Morningstar Smid Moat | 3.85% | 507,994 | $16.0M | Add +3.1% |
| IJH iShares Core S&P Midcap ETF | 3.63% | 261,422 | $15.1M | Add +0.1% |
| GCOW Pacer Global Cash Cows Divid | 3.56% | 433,508 | $14.8M | Reduce -3.6% |
| AVDV Avantis Intl S/C Value ETF | 3.46% | 217,824 | $14.4M | Add +0.1% |
| AAPL Apple Inc. | 3.39% | 62,492 | $14.1M | Add +0.2% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 3.37% | 329,362 | $14.1M | Reduce -15.1% |
| CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT | 2.57% | 405,989 | $10.7M | Add +1.1% |
| IJR iShares Core S&P Small-Cap E | 2.55% | 100,520 | $10.6M | Reduce -3.9% |
| SHV iShares 0-1 Year Treasury Bo | 2.33% | 88,099 | $9.7M | Add +0.4% |
| VCIT Vanguard Int-Term Corporate | 2.32% | 120,172 | $9.7M | Add +33.0% |
| AVUV Avantis US Small Cap Value | 2.13% | 100,417 | $8.9M | Add +32.6% |
| VHT Vanguard Health Care ETF | 2.09% | 32,961 | $8.7M | Reduce -0.4% |
| NVDA Nvidia Corp. | 1.89% | 62,713 | $7.9M | Reduce -11.9% |
| MSFT Microsoft Corp. | 1.85% | 16,488 | $7.7M | Reduce -2.8% |
| IVW iShares S&P 500 Growth ETF | 1.72% | 74,972 | $7.2M | Reduce -3.6% |
| BINC iShares Flex I A ETF-Usd Inc. | 1.61% | 128,096 | $6.7M | Add +213.8% |
| NEAR iShares SH Dba ETF Usd Inc. | 1.60% | 132,228 | $6.7M | Add +9.5% |
| COWZ Pacer US Cash Cows 100 ETF | 1.42% | 110,902 | $5.9M | Add +17.7% |
| V Visa Inc. Class A | 1.31% | 20,164 | $5.5M | Add +0.9% |
| AMZN Amazon.com Inc. | 1.30% | 27,118 | $5.4M | Reduce -6.3% |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 1.17% | 162,617 | $4.9M | Add +0.9% |
| FFLG Fidelity Fndmntl L/C GRW ETF | 1.17% | 200,544 | $4.9M | Add +12.1% |
| WINN Harbor Long-Term Growers ETF | 0.82% | 130,497 | $3.4M | Add +52.8% |
| GOOGL Alphabet Inc. Class A | 0.81% | 17,799 | $3.4M | Reduce -2.5% |
| VIG Vanguard Dividend Apprec ETF | 0.81% | 18,333 | $3.4M | Reduce -0.8% |
| GOOG Alphabet Inc. Class C | 0.81% | 17,509 | $3.4M | Reduce -2.5% |
| STXK Strive Small-Cap ETF | 0.79% | 114,055 | $3.3M | Add +5.0% |
| IAU iShares Gold Trust | 0.72% | 66,758 | $3.0M | Add +4.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.71% | 5,945 | $2.9M | Reduce -0.1% |
| AVLV Avantis US Large Cap Value | 0.65% | 43,102 | $2.7M | New |
| BRK.A Berkshire Hathaway Inc. Class A | 0.59% | 4 | $2.5M | No change |
| CLOI Vaneck Clo ETF | 0.59% | 46,826 | $2.5M | Add +291.7% |
| BIZD Vaneck BDC Income ETF | 0.58% | 142,970 | $2.4M | Add +16.6% |
| SPG Simon Property Group Inc. | 0.58% | 16,473 | $2.4M | Reduce -6.2% |
| TSLA Tesla Inc. | 0.56% | 9,352 | $2.4M | Reduce -2.4% |
| VNQ Vanguard Real Estate ETF | 0.55% | 27,478 | $2.3M | Add +7.6% |
| JEPI JPMorgan Equity Premium Inco | 0.54% | 39,888 | $2.2M | Add +15.4% |
| DURA Vaneck Durable High Dividend | 0.54% | 71,277 | $2.2M | Reduce -57.5% |
| PTNQ Pacer Trendpilot 100 ETF | 0.54% | 30,414 | $2.2M | Add +126.8% |
| STXE Strive Em Markets Ex-China | 0.51% | 69,900 | $2.1M | Reduce -4.8% |
| CGSD Cap Group Short Duration | 0.51% | 82,772 | $2.1M | Add +10.4% |
| GOVT iShares US Treasury Bond ETF | 0.49% | 90,991 | $2.1M | New |
| STXF Strive 500 ETF | 0.48% | 56,480 | $2.0M | Add +13.3% |
| DRLL Strive US Energy ETF | 0.48% | 68,138 | $2.0M | Add +1.0% |
| FBRT Franklin BSP Realty Trust Inc. | 0.47% | 158,005 | $2.0M | Reduce -12.8% |
| CVX Chevron Corp. | 0.45% | 12,234 | $1.9M | Reduce -0.4% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.44% | 6,849 | $1.8M | New |
| HD Home Depot Inc. | 0.42% | 5,210 | $1.7M | Reduce -3.6% |
| ADBE Adobe Inc. | 0.40% | 2,855 | $1.7M | Reduce -2.6% |
| GLD SPDR Gold Shares | 0.37% | 6,894 | $1.5M | Reduce -7.0% |
| IWF iShares Russell 1000 Growth | 0.36% | 3,942 | $1.5M | Reduce -6.5% |
| JPM JPMorgan Chase & Co. | 0.36% | 7,228 | $1.5M | Add +1.1% |
| OSEA Harbor Intl Compounders ETF | 0.34% | 51,373 | $1.4M | Add +82.3% |
| LLY Eli Lilly & Co. | 0.34% | 1,544 | $1.4M | Add +20.3% |
| BA The Boeing Co. | 0.34% | 7,637 | $1.4M | Reduce -10.6% |
| DON Wisdomtree US Midcap Dividen | 0.32% | 29,218 | $1.3M | Reduce -3.1% |
| VDE Vanguard Energy ETF | 0.31% | 10,179 | $1.3M | Reduce -2.6% |
| META Meta Platforms Inc. Class A | 0.29% | 2,262 | $1.2M | Reduce -1.9% |
| KKR KKR & Co. Inc. | 0.28% | 11,082 | $1.2M | Add +5.6% |
| FUTY Fidelity MSCI US Utilities | 0.28% | 26,102 | $1.2M | Reduce -2.5% |
| AVMV Avantis US Mid Cap Val ETF | 0.27% | 19,153 | $1.1M | New |
| VTI VG Morningstar TS MKT ETF-US | 0.27% | 4,140 | $1.1M | Reduce -4.4% |
| VTEC Vanguard Ca Tax-Ex Bond | 0.27% | 11,299 | $1.1M | New |
| MCD McDonald's Corp. | 0.26% | 4,347 | $1.1M | Reduce -11.7% |
| SDY SS SPDR S&P Dividend ETF | 0.25% | 8,215 | $1.0M | Reduce -6.6% |
| HON Honeywell International Inc. | 0.25% | 4,851 | $1.0M | Add +0.8% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.25% | 15,691 | $1.0M | Add +0.1% |
| IEI iShares 3-7 Year Treasury Bo | 0.23% | 8,332 | $965K | New |
| CAT Caterpillar Inc. | 0.23% | 2,937 | $964K | Add +7.3% |
| MA Mastercard Inc. Class A | 0.23% | 2,136 | $960K | Reduce -0.4% |
| IJT iShares S&P Small-Cap 600 GR | 0.23% | 7,418 | $946K | Reduce -7.8% |
| XOM Exxon Mobil Corp. | 0.23% | 8,341 | $946K | Reduce -0.3% |
| CGCP Cap Group Core Plus Income | 0.21% | 39,794 | $891K | Add +9.6% |
| PANW Palo Alto Networks Inc. | 0.21% | 2,602 | $890K | No change |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.20% | 16,751 | $850K | Add +0.6% |
| TBLD Thornburg Income Builder Opp | 0.19% | 48,257 | $794K | Reduce -19.7% |
| EW Edwards Lifesciences Corp. | 0.19% | 8,447 | $780K | No change |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.19% | 2,363 | $771K | No change |
| AXP American Express Co. | 0.18% | 3,163 | $745K | No change |
| VOO Vanguard S&P 500 ETF | 0.18% | 1,451 | $740K | Reduce -2.2% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.17% | 17,155 | $725K | Add +5.7% |
| ROK Rockwell Automation Inc. | 0.17% | 2,693 | $711K | Reduce -3.3% |
| AMGN Amgen Inc. | 0.17% | 2,258 | $702K | Add +2.0% |
| TFC Truist Financial Corp. | 0.17% | 18,207 | $696K | New |
| APO Apollo Global Management Inc. | 0.16% | 5,751 | $683K | Add +7.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.16% | 1,201 | $666K | Reduce -5.1% |
| VEA Vanguard Ftse Developed ETF | 0.15% | 12,764 | $644K | Reduce -10.0% |
| IWS iShares Russell Mid-Cap Valu | 0.15% | 5,371 | $642K | Reduce -14.4% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.15% | 4,251 | $623K | Add +0.2% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.15% | 14,931 | $613K | Add +2.1% |
| AVGO Broadcom Inc. | 0.15% | 360 | $612K | Add +5.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.14% | 14,245 | $576K | Add +0.3% |
| O Realty Income Corp. | 0.13% | 10,318 | $548K | Reduce -10.8% |
| CGGR Cap Group Growth Equity | 0.13% | 16,083 | $544K | Add +0.8% |
| USMV iShares MSCI USA Min Vol Fac | 0.13% | 6,324 | $532K | Reduce -11.2% |
| SCHX Schwab US Large-Cap ETF | 0.13% | 7,985 | $523K | Add +0.3% |
| QCOM Qualcomm Inc. | 0.13% | 2,540 | $523K | Reduce -0.5% |
| XLE SS Energy Select Sector | 0.12% | 5,769 | $520K | Reduce -3.7% |
Portfolio Sells Q1 2024 → Q2 2024
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -15.1% | 3.37% | −1.32 |
| AMLP Alerian MLP ETF | Sold out | 0.00% | −1.11 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.95 |
| ARCC Ares Capital Corp. | Sold out | 0.00% | −0.92 |
| DURA Vaneck Durable High Dividend | Reduce -57.5% | 0.54% | −0.79 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.50 |
| GCOW Pacer Global Cash Cows Divid | Reduce -3.6% | 3.56% | −0.37 |
| IJR iShares Core S&P Small-Cap E | Reduce -3.9% | 2.55% | −0.28 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.23 |
| SPDW Ste STR SPDR PT DW Eu ETF | Sold out | 0.00% | −0.12 |
| FBRT Franklin BSP Realty Trust Inc. | Reduce -12.8% | 0.47% | −0.12 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.11 |
| XOP SS SPDR S&P Og Exp & Prod | Sold out | 0.00% | −0.10 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.09 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.09 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.09 |
| VHT Vanguard Health Care ETF | Reduce -0.4% | 2.09% | −0.08 |
| SPG Simon Property Group Inc. | Reduce -6.2% | 0.58% | −0.08 |
| MCD McDonald's Corp. | Reduce -11.7% | 0.26% | −0.07 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.07 |
| HD Home Depot Inc. | Reduce -3.6% | 0.42% | −0.07 |
| SCI Service Corp. International | Sold out | 0.00% | −0.07 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.07 |
| SPYV SS SPDR P S&P 500 Value ETF | Sold out | 0.00% | −0.06 |
| TGT Target Corp. | Sold out | 0.00% | −0.06 |
| DIS The Walt Disney Co. | Reduce -15.9% | 0.11% | −0.06 |
| BA The Boeing Co. | Reduce -10.6% | 0.34% | −0.06 |
| IDXX Idexx Laboratories Inc. | Sold out | 0.00% | −0.05 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.05 |
| KEYS Keysight Technologies Inc. | Sold out | 0.00% | −0.05 |
| FDX FedEx Corp. | Sold out | 0.00% | −0.05 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −0.05 |
| TBLD Thornburg Income Builder Opp | Reduce -19.7% | 0.19% | −0.05 |
| VDE Vanguard Energy ETF | Reduce -2.6% | 0.31% | −0.05 |
| CVX Chevron Corp. | Reduce -0.4% | 0.45% | −0.04 |
| IWS iShares Russell Mid-Cap Valu | Reduce -14.4% | 0.15% | −0.04 |
| DON Wisdomtree US Midcap Dividen | Reduce -3.1% | 0.32% | −0.04 |
| SDY SS SPDR S&P Dividend ETF | Reduce -6.6% | 0.25% | −0.04 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -7.8% | 0.23% | −0.03 |
| GLD SPDR Gold Shares | Reduce -7.0% | 0.37% | −0.03 |
| INTC Intel Corp. | Reduce -8.5% | 0.07% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -0.3% | 0.23% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -0.4% | 0.23% | −0.02 |
| ROK Rockwell Automation Inc. | Reduce -3.3% | 0.17% | −0.02 |
| FDEV Fidelity Intl Multifact ETF | Reduce -13.3% | 0.12% | −0.02 |
| VEA Vanguard Ftse Developed ETF | Reduce -10.0% | 0.15% | −0.02 |
| O Realty Income Corp. | Reduce -10.8% | 0.13% | −0.02 |
| XLE SS Energy Select Sector | Reduce -3.7% | 0.12% | −0.02 |
| STXE Strive Em Markets Ex-China | Reduce -4.8% | 0.51% | −0.02 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.8% | 0.81% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| IVV iShares Core S&P 500 ETF | Add +12.5% | 9.65% | +1.32 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +213.8% | 1.61% | +1.07 |
| AAPL Apple Inc. | Add +0.2% | 3.39% | +0.74 |
| AVLV Avantis US Large Cap Value | New | 0.65% | +0.65 |
| VCIT Vanguard Int-Term Corporate | Add +33.0% | 2.32% | +0.51 |
| GOVT iShares US Treasury Bond ETF | New | 0.49% | +0.49 |
| AJG Arthur J Gallagher & Co. | New | 0.44% | +0.44 |
| CLOI Vaneck Clo ETF | Add +291.7% | 0.59% | +0.43 |
| AVUV Avantis US Small Cap Value | Add +32.6% | 2.13% | +0.38 |
| WINN Harbor Long-Term Growers ETF | Add +52.8% | 0.82% | +0.32 |
| PTNQ Pacer Trendpilot 100 ETF | Add +126.8% | 0.54% | +0.31 |
| AVMV Avantis US Mid Cap Val ETF | New | 0.27% | +0.27 |
| VTEC Vanguard Ca Tax-Ex Bond | New | 0.27% | +0.27 |
| IEI iShares 3-7 Year Treasury Bo | New | 0.23% | +0.23 |
| FFLG Fidelity Fndmntl L/C GRW ETF | Add +12.1% | 1.17% | +0.20 |
| TFC Truist Financial Corp. | New | 0.17% | +0.17 |
| OSEA Harbor Intl Compounders ETF | Add +82.3% | 0.34% | +0.15 |
| URI United Rentals Inc. | New | 0.10% | +0.10 |
| LLY Eli Lilly & Co. | Add +20.3% | 0.34% | +0.09 |
| BIZD Vaneck BDC Income ETF | Add +16.6% | 0.58% | +0.08 |
| STXF Strive 500 ETF | Add +13.3% | 0.48% | +0.07 |
| NEAR iShares SH Dba ETF Usd Inc. | Add +9.5% | 1.60% | +0.07 |
| GPIX GLDM SA S&P 500 PR in ETF-US | New | 0.06% | +0.06 |
| DFAC Dimensional US Core Equity 2 | New | 0.06% | +0.06 |
| COWZ Pacer US Cash Cows 100 ETF | Add +17.7% | 1.42% | +0.06 |
| IXN iShares Global Tech ETF | New | 0.05% | +0.05 |
| XLK SS Technology Select Sector | New | 0.05% | +0.05 |
| JEPI JPMorgan Equity Premium Inco | Add +15.4% | 0.54% | +0.05 |
| AVGO Broadcom Inc. | Add +5.0% | 0.15% | +0.03 |
| F Ford Motor Co. | New | 0.03% | +0.03 |
| CGSD Cap Group Short Duration | Add +10.4% | 0.51% | +0.03 |
| IAU iShares Gold Trust | Add +4.0% | 0.72% | +0.02 |
| KKR KKR & Co. Inc. | Add +5.6% | 0.28% | +0.02 |
| RKLB Rocket Lab USA Inc. | New | 0.02% | +0.02 |
| MOBIX LABS INC | New | 0.02% | +0.02 |
| CGGO Cap Group Global Growth | Add +0.9% | 1.17% | +0.02 |
| AMGN Amgen Inc. | Add +2.0% | 0.17% | +0.02 |
| APO Apollo Global Management Inc. | Add +7.5% | 0.16% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +7.6% | 0.55% | +0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +3.2% | 0.09% | +0.01 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +0.3% | 0.11% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +1.3% | 0.11% | +0.01 |
| HON Honeywell International Inc. | Add +0.8% | 0.25% | +0.01 |
| CGCP Cap Group Core Plus Income | Add +9.6% | 0.21% | +0.01 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +0.1% | 0.25% | +0.01 |
| REET iShares Global REIT ETF | Add +15.6% | 0.07% | +0.01 |
| BAC Bank of America Corp. | Add +0.3% | 0.14% | +0.01 |
| OPEN Opendoor Technologies Inc. | New | 0.01% | +0.01 |
| CGGR Cap Group Growth Equity | Add +0.8% | 0.13% | +0.00 |
| SCHX Schwab US Large-Cap ETF | Add +0.3% | 0.13% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 211 | $696.8M | IVV, AVUV, AVLV, IJH, IJR |
| Q1 2026 | 191 | $653.0M | IVV, MOAT, AVUV, IJH, IJR |
| Q4 2025 | 186 | $632.0M | IVV, MOAT, AVUV, IJH, IJR |
| Q3 2025 | 186 | $606.4M | IVV, MOAT, IJH, AVUV, IJR |
| Q2 2025 | 176 | $558.1M | IVV, MOAT, IJH, IJR, SMOT |
| Q1 2025 | 153 | $444.4M | IVV, MOAT, IJH, SMOT, IJR |
| Q4 2024 | 160 | $481.1M | IVV, MOAT, IJH, SMOT, AAPL |
| Q3 2024 | 171 | $477.1M | MOAT, IVV, SMOT, IJH, GCOW |
| Q2 2024 | 149 | $416.7M | MOAT, IVV, SMOT, IJH, GCOW |
| Q1 2024 | 154 | $396.8M | MOAT, IVV, CALF, SMOT, GCOW |