Greenberg Financial Group

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 15, 2026), Greenberg Financial Group reported 117 stock positions worth $266.7 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 15.1% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 9.5%) and Invesco S&P 500 Equal Weight (RSP, 5.8%). Compared with Q1 2025, it opened 19 new positions, sold out of 11, added to 38 and reduced 49. The biggest buy was Calamos Autocallable Inc. ETF (CAIE, shares +950%) and the biggest sale Roper Technologies (ROP, shares −54%).

Most Recent 13F
Q4 2025
Location
TUCSON, AZ
CIK
0000946626
Portfolio Value
$266.7M (Q2 2025)
SEC Filing
0002085853-26-000739 ↗ filed Jul 15, 2026

Holdings Value

0$100.0M$200.0M$300.0M Q1 2025: $239.8M Q1 2025 Q2 2025: $266.7M $266.7M Q2 2025 Q4 2025: $242.8M Q4 2025

Holdings 117 stocks · $266.7M
SPY SS SPDR S&P 500 ETF Trust-US 15.08% 53,837 $40.2M Add +0.7%
QQQ Invesco QQQ Trust Series 1 9.50% 34,419 $25.3M Reduce -3.5%
RSP Invesco S&P 500 Equal Weight 5.77% 72,370 $15.4M Add +0.3%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 4.25% 21,687 $11.3M Reduce -0.7%
IWM iShares Russell 2000 ETF 4.24% 37,677 $11.3M Reduce -6.1%
AAPL Apple Inc. 4.15% 38,247 $11.1M Add +0.9%
IJH iShares Core S&P Midcap ETF 4.11% 142,120 $11.0M Reduce -4.0%
DVY iShares Select Dividend ETF 3.77% 64,327 $10.1M Reduce -0.7%
VYM Vanguard High DVD Yield ETF 3.22% 54,387 $8.6M Reduce -2.1%
NVDA Nvidia Corp. 2.88% 38,338 $7.7M Add +1.4%
PFF iShares Preferred & Income S 2.84% 248,249 $7.6M Reduce -4.4%
MSFT Microsoft Corp. 2.75% 19,690 $7.3M Reduce -0.2%
VTV Vanguard Mrngstr Val ETF-Aui 2.61% 31,902 $7.0M Reduce -1.8%
TLT iShares 20+ Year Treasury BD 2.24% 69,024 $6.0M Add +0.7%
SDY SS SPDR S&P Dividend ETF 1.37% 23,937 $3.6M Add +3.2%
AMZN Amazon.com Inc. 1.18% 13,172 $3.1M Add +0.0%
SPYD SS SPDR P S&P 500 Hi Div ETF 1.12% 62,744 $3.0M Add +1.2%
CAIE Calamos Autocallable Inc. ETF 1.07% 105,025 $2.9M Add +950.3%
CAT Caterpillar Inc. 0.91% 2,290 $2.4M Reduce -2.4%
VCSH Vanguard S/T Corp. Bond ETF 0.89% 30,103 $2.4M Add +4.2%
SPSB SS SPDR P St C Corp. ETF 0.89% 78,955 $2.4M Add +4.0%
ISTB iShares Core 1-5 Year Usd Bo 0.89% 49,069 $2.4M Add +4.7%
VTI VG Morningstar TS MKT ETF-US 0.89% 6,381 $2.4M Reduce -0.2%
GOOG Alphabet Inc. Class C 0.88% 6,672 $2.4M Reduce -2.5%
ROP Roper Technologies Inc. 0.84% 6,638 $2.2M Reduce -54.0%
META Meta Platforms Inc. Class A 0.83% 3,921 $2.2M Add +8.2%
RTX RTX Corp. 0.81% 11,350 $2.2M Reduce -7.0%
SBUX Starbucks Corp. 0.73% 18,968 $1.9M Reduce -25.2%
CVX Chevron Corp. 0.67% 10,783 $1.8M Reduce -4.3%
SPHD Invesco S&P 500 High Dividen 0.67% 34,983 $1.8M Reduce -1.8%
QDPL Pacer Met US LRG Cap DVD 400 0.65% 38,293 $1.7M Add +7.2%
SOXX iShares Semiconductor ETF 0.65% 2,688 $1.7M Reduce -3.8%
JPST JPMorgan Ultra-Short Income 0.59% 31,372 $1.6M Add +2.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.56% 5,265 $1.5M Add +0.7%
GOOGL Alphabet Inc. Class A 0.54% 3,996 $1.4M Add +0.8%
XCHYX Calamos Convert & High Inc. 0.53% 103,676 $1.4M Reduce -28.1%
CAIQ Calamos Nasdaq Autocall ETF 0.52% 51,620 $1.4M New
INTC Intel Corp. 0.51% 9,696 $1.4M Reduce -6.6%
EDV Vanguard Extended Dur Treas 0.50% 20,296 $1.3M Reduce -7.3%
NLR Vaneck Urani & Nuclr ETF-Usd 0.48% 11,002 $1.3M Add +5.2%
JNJ Johnson & Johnson 0.44% 4,615 $1.2M Add +1.2%
AMAT Applied Materials Inc. 0.39% 1,440 $1.0M No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.38% 21,960 $1.0M Reduce -0.7%
XOM Exxon Mobil Corp. 0.38% 7,348 $1.0M Reduce -34.1%
VRT Vertiv Holdings Co. Class A 0.37% 2,981 $998K Reduce -23.8%
AMD Advanced Micro Devices 0.37% 1,683 $978K Reduce -23.6%
NFLX Netflix Inc. 0.35% 13,063 $933K Add +5.6%
JPM JPMorgan Chase & Co. 0.35% 2,839 $929K Reduce -1.7%
XME SS SPDR S&P Metals Mining 0.35% 8,627 $922K Reduce -7.3%
VOO Vanguard S&P 500 ETF 0.33% 1,292 $887K Add +14.6%
KLAC KLA Corp. 0.33% 2,890 $872K Add +900.0%
AVGO Broadcom Inc. 0.30% 2,118 $800K Add +18.3%
RACE Ferrari NV 0.28% 2,010 $748K Reduce -5.5%
ORCL Oracle Corp. 0.28% 5,084 $745K Add +14.5%
TSM Taiwan Semiconductor-SP ADR 0.27% 1,496 $714K Reduce -7.1%
SPCX Space Exploration Techn Class A 0.26% 4,082 $697K New
BA The Boeing Co. 0.25% 3,100 $671K Reduce -10.1%
MU Micron Technology Inc. 0.25% 571 $659K New
PGHY Invesco Global Ex US High Yi 0.25% 33,325 $657K Reduce -2.5%
WMT Walmart Inc. 0.24% 5,545 $628K Add +4.0%
SVOL Simplify Volatility Premium 0.23% 37,884 $608K Reduce -18.3%
TDVI FT Vest Technology Dividend 0.22% 18,820 $598K Add +38.7%
QCOM Qualcomm Inc. 0.21% 3,066 $567K Add +4.7%
VZ Verizon Communications Inc. 0.21% 13,222 $560K Reduce -2.1%
PG The Procter & Gamble Co. 0.19% 3,527 $517K Reduce -2.9%
TSLA Tesla Inc. 0.19% 1,217 $512K Add +71.7%
CSCO Cisco Systems Inc. 0.19% 4,247 $499K Add +0.1%
SCO Proshares Ultrashort Bloombe 0.18% 13,927 $488K New
QLD Proshares Ultra QQQ 0.17% 4,800 $464K Reduce -7.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.17% 4,699 $452K Reduce -7.5%
ASTS Ast Spacemobile Inc. 0.16% 4,903 $436K New
CPRY Clmos R 2000 S A P ETF - Jan 0.16% 14,796 $414K Reduce -15.8%
FBTC Fidelity Wise Origin Bitcoin 0.15% 7,909 $404K Add +9.2%
BRK.B Berkshire Hathaway Inc. Class B 0.15% 802 $401K No change
SLV iShares Silver Trust 0.15% 7,345 $393K Reduce -1.0%
CPSF Calms S&P 500 S PR ETF - Feb 0.14% 14,339 $376K Reduce -1.9%
HD Home Depot Inc. 0.13% 949 $335K Reduce -13.7%
MP MP Materials Corp. 0.13% 5,951 $333K Reduce -1.6%
MRK Merck & Co. Inc. 0.12% 2,514 $323K Add +0.1%
CBXO Calamos Bitcoin 90 STR-Oct 0.12% 14,554 $321K New
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 0.12% 2,723 $313K Add +0.1%
TRV The Travelers Cos Inc. 0.11% 900 $297K No change
COST Costco Wholesale Corp. 0.11% 304 $284K Add +16.9%
TRFK Pacer Data and Digital Rev 0.11% 2,664 $284K New
MCD McDonald's Corp. 0.10% 1,008 $273K Reduce -4.5%
CRM Salesforce Inc. 0.10% 1,707 $267K Add +51.3%
AME Ametek Inc. 0.10% 1,097 $265K No change
KOPN Kopin Corp. 0.10% 58,500 $262K Reduce -0.8%
CBTJ Calamos Bitcoin 80 P ETF Jan 0.09% 14,396 $249K Reduce -1.4%
EMR Emerson Electric Co. 0.09% 1,728 $247K Reduce -0.7%
VLO Valero Energy Corp. 0.09% 933 $243K Add +0.2%
GL Globe Life Inc. 0.09% 1,325 $237K New
LIN Linde PLC 0.09% 452 $235K No change
QTUM Defiance Quantum ETF 0.09% 1,415 $234K New
CBRS Cerebras Systems Inc. Class A 0.09% 1,040 $230K New
CBOO Calamos Bitcoin STR A/P-Oct 0.09% 9,259 $227K Reduce -14.1%
ASML ASML Holding NV-NY Reg SHS 0.08% 113 $225K New
SSO Proshares Ultra S&P500 0.08% 3,296 $222K New
DELL Dell Technologies -C 0.08% 514 $222K New
AMGN Amgen Inc. 0.08% 601 $218K No change
KO The Coca-Cola Co. 0.08% 2,669 $217K Reduce -63.2%
QYLD Global X Nasd 100 Cov Call 0.08% 11,487 $212K Add +0.6%
PFE Pfizer Inc. 0.08% 8,749 $211K Add +7.4%
MO Altria Group Inc. 0.08% 2,915 $210K New
SCHX Schwab US Large-Cap ETF 0.08% 7,050 $207K New
ACN Accenture PLC Class A 0.08% 1,661 $207K Add +4.9%
NB Niocorp Developments Ltd. 0.05% 29,225 $141K Reduce -17.0%
OPEN Opendoor Technologies Inc. 0.05% 30,000 $139K No change
EFT Eaton Vance Fltng RT Inc. TR 0.05% 12,455 $135K Reduce -39.4%
BITU Proshares Ultra Bitcoin ETF 0.04% 11,761 $95K New
USAS Americas Gold and Silver Cor 0.04% 20,000 $94K No change
FSM Fortuna Mining Corp. 0.03% 10,000 $85K No change
EXK Endeavour Silver Corp. 0.03% 10,000 $83K No change
CHMI Cherry Hill Mortgage Investm 0.01% 15,000 $35K New
CGC Canopy Growth Corp. 0.00% 10,017 $10K No change
MLM Martin Marietta Materials 0.00% 10,000 $2K New
WAB Wabtec Corp. 0.00% 12,500 $809 New

Options reported separately and not counted above: USO puts ($1.3M), AAPL puts ($537K), QQQ puts ($368K), AMAT puts ($362K), SPY puts ($299K), ORCL puts ($264K), MSFT puts ($187K), AMGN puts ($181K), JPM puts ($33K).

Portfolio Sells Q1 2025 → Q2 2025
ROP Roper Technologies Inc. Reduce -54.0% 0.84% −1.29
PFF iShares Preferred & Income S Reduce -4.4% 2.84% −0.44
XOM Exxon Mobil Corp. Reduce -34.1% 0.38% −0.41
DVY iShares Select Dividend ETF Reduce -0.7% 3.77% −0.32
CVX Chevron Corp. Reduce -4.3% 0.67% −0.30
MSFT Microsoft Corp. Reduce -0.2% 2.75% −0.29
DECK Deckers Outdoor Corp. Sold out 0.00% −0.23
SBUX Starbucks Corp. Reduce -25.2% 0.73% −0.22
VYM Vanguard High DVD Yield ETF Reduce -2.1% 3.22% −0.21
RTX RTX Corp. Reduce -7.0% 0.81% −0.17
KO The Coca-Cola Co. Reduce -63.2% 0.08% −0.15
TQQQ Proshares Ultrapro QQQ Sold out 0.00% −0.14
PEP Pepsico Inc. Sold out 0.00% −0.14
XCHYX Calamos Convert & High Inc. Reduce -28.1% 0.53% −0.13
HON Honeywell International Inc. Sold out 0.00% −0.12
GOF Guggenheim Strategic Opport Sold out 0.00% −0.11
T AT&T Inc. Sold out 0.00% −0.11
GLD SPDR Gold Shares Sold out 0.00% −0.10
EDV Vanguard Extended Dur Treas Reduce -7.3% 0.50% −0.10
LLY Eli Lilly & Co. Sold out 0.00% −0.10
SLB SLB Ltd. Reduce -0.7% 0.38% −0.09
AEM Agnico Eagle Mines Ltd. Sold out 0.00% −0.09
XME SS SPDR S&P Metals Mining Reduce -7.3% 0.35% −0.07
VZ Verizon Communications Inc. Reduce -2.1% 0.21% −0.07
SPHD Invesco S&P 500 High Dividen Reduce -1.8% 0.67% −0.07
PROSHARES ULTRASHORT BLOOMBE Sold out 0.00% −0.07
SVOL Simplify Volatility Premium Reduce -18.3% 0.23% −0.07
SLV iShares Silver Trust Reduce -1.0% 0.15% −0.06
IJH iShares Core S&P Midcap ETF Reduce -4.0% 4.11% −0.06
VTV Vanguard Mrngstr Val ETF-Aui Reduce -1.8% 2.61% −0.05
CPRY Clmos R 2000 S A P ETF - Jan Reduce -15.8% 0.16% −0.04
EFT Eaton Vance Fltng RT Inc. TR Reduce -39.4% 0.05% −0.04
BA The Boeing Co. Reduce -10.1% 0.25% −0.03
DIS The Walt Disney Co. Reduce -7.5% 0.17% −0.03
MCD McDonald's Corp. Reduce -4.5% 0.10% −0.03
VRT Vertiv Holdings Co. Class A Reduce -23.8% 0.37% −0.03
PGHY Invesco Global Ex US High Yi Reduce -2.5% 0.25% −0.03
HD Home Depot Inc. Reduce -13.7% 0.13% −0.03
PG The Procter & Gamble Co. Reduce -2.9% 0.19% −0.02
CBOO Calamos Bitcoin STR A/P-Oct Reduce -14.1% 0.09% −0.02
CBTJ Calamos Bitcoin 80 P ETF Jan Reduce -1.4% 0.09% −0.02
RACE Ferrari NV Reduce -5.5% 0.28% −0.02
DIREXION DAILY S&P OIL & GAS Sold out 0.00% −0.02
CPSF Calms S&P 500 S PR ETF - Feb Reduce -1.9% 0.14% −0.01
NB Niocorp Developments Ltd. Reduce -17.0% 0.05% −0.01
JPM JPMorgan Chase & Co. Reduce -1.7% 0.35% −0.01
EMR Emerson Electric Co. Reduce -0.7% 0.09% −0.00
MP MP Materials Corp. Reduce -1.6% 0.13% +0.00
DIA SS SPDR Dow Jones Indus Avg Reduce -0.7% 4.25% +0.03
VTI VG Morningstar TS MKT ETF-US Reduce -0.2% 0.89% +0.03

Portfolio Buys Q1 2025 → Q2 2025
CAIE Calamos Autocallable Inc. ETF Add +950.3% 1.07% +0.97
SPY SS SPDR S&P 500 ETF Trust-US Add +0.7% 15.08% +0.57
CAIQ Calamos Nasdaq Autocall ETF New 0.52% +0.52
SPCX Space Exploration Techn Class A New 0.26% +0.26
MU Micron Technology Inc. New 0.25% +0.25
SCO Proshares Ultrashort Bloombe New 0.18% +0.18
ASTS Ast Spacemobile Inc. New 0.16% +0.16
KLAC KLA Corp. Add +900.0% 0.33% +0.15
AAPL Apple Inc. Add +0.9% 4.15% +0.14
NVDA Nvidia Corp. Add +1.4% 2.88% +0.13
CBXO Calamos Bitcoin 90 STR-Oct New 0.12% +0.12
TRFK Pacer Data and Digital Rev New 0.11% +0.11
GL Globe Life Inc. New 0.09% +0.09
QTUM Defiance Quantum ETF New 0.09% +0.09
CBRS Cerebras Systems Inc. Class A New 0.09% +0.09
ASML ASML Holding NV-NY Reg SHS New 0.08% +0.08
SSO Proshares Ultra S&P500 New 0.08% +0.08
DELL Dell Technologies -C New 0.08% +0.08
TSLA Tesla Inc. Add +71.7% 0.19% +0.08
MO Altria Group Inc. New 0.08% +0.08
SCHX Schwab US Large-Cap ETF New 0.08% +0.08
TDVI FT Vest Technology Dividend Add +38.7% 0.22% +0.07
AVGO Broadcom Inc. Add +18.3% 0.30% +0.07
GOOGL Alphabet Inc. Class A Add +0.8% 0.54% +0.06
QCOM Qualcomm Inc. Add +4.7% 0.21% +0.06
VOO Vanguard S&P 500 ETF Add +14.6% 0.33% +0.05
CSCO Cisco Systems Inc. Add +0.1% 0.19% +0.05
QDPL Pacer Met US LRG Cap DVD 400 Add +7.2% 0.65% +0.05
BITU Proshares Ultra Bitcoin ETF New 0.04% +0.04
AMZN Amazon.com Inc. Add +0.0% 1.18% +0.03
IBM Intl Business Machines Corp. Add +0.7% 0.56% +0.03
CHMI Cherry Hill Mortgage Investm New 0.01% +0.01
CRM Salesforce Inc. Add +51.3% 0.10% +0.01
CM Can Imperial BK of Commerce Add +0.1% 0.12% +0.01
ORCL Oracle Corp. Add +14.5% 0.28% +0.01
MLM Martin Marietta Materials New 0.00% +0.00
RSP Invesco S&P 500 Equal Weight Add +0.3% 5.77% +0.00
WAB Wabtec Corp. New 0.00% +0.00
COST Costco Wholesale Corp. Add +16.9% 0.11% −0.00
QYLD Global X Nasd 100 Cov Call Add +0.6% 0.08% −0.00
VLO Valero Energy Corp. Add +0.2% 0.09% −0.00
MRK Merck & Co. Inc. Add +0.1% 0.12% −0.00
PFE Pfizer Inc. Add +7.4% 0.08% −0.02
JNJ Johnson & Johnson Add +1.2% 0.44% −0.03
FBTC Fidelity Wise Origin Bitcoin Add +9.2% 0.15% −0.03
META Meta Platforms Inc. Class A Add +8.2% 0.83% −0.04
WMT Walmart Inc. Add +4.0% 0.24% −0.04
SDY SS SPDR S&P Dividend ETF Add +3.2% 1.37% −0.05
JPST JPMorgan Ultra-Short Income Add +2.4% 0.59% −0.05
ACN Accenture PLC Class A Add +4.9% 0.08% −0.05

Options Activity Q1 2025 → Q2 2025
USO United States Oil Fund LP put Add +9900.0% 12,500 $1.3M
AAPL Apple Inc. put New 1,800 $537K
QQQ Invesco QQQ Trust Series 1 put Add +150.0% 500 $368K
ORCL Oracle Corp. put Add +500.0% 1,800 $264K
AMGN Amgen Inc. put Add +150.0% 500 $181K
PROSHARES ULTRASHORT BLOOMBE call Sold out 10,000 $83Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2025 111$242.8MSPY, QQQ, RSP, DIA, AAPL
Q2 2025 117$266.7MSPY, QQQ, RSP, DIA, IWM
Q1 2025 109$239.8MSPY, QQQ, RSP, DIA, IJH