Houlihan Financial Resource Group, Ltd.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 6, 2024), Houlihan Financial Resource Group, Ltd. reported 102 stock positions worth $222.9 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 10.3% of the portfolio, followed by iShares Core S&P Small-Cap E (IJR, 6.1%) and JPMorgan Ultra-Short Income (JPST, 4.9%). Compared with Q4 2023, it opened 3 new positions, sold out of 1, added to 31 and reduced 34. The biggest buy was iShares Ibonds Dec 2028 ETF (IBDT, shares +35%) and the biggest sale Vanguard Short-Term Bond ETF (BSV, shares −1%).

Most Recent 13F
Q2 2026
Location
ASHBURN, VA
CIK
0001802879
Portfolio Value
$222.9M (Q1 2024)
SEC Filing
0001802879-24-000002 ↗ filed May 6, 2024

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $222.9M $222.9M Q1 2024 Q2 2024: $146.6M Q2 2024 Q3 2024: $241.8M Q3 2024 Q4 2024: $234.6M Q4 2024 Q1 2025: $222.6M Q1 2025 Q2 2025: $241.2M Q2 2025 Q3 2025: $113.9M Q3 2025 Q4 2025: $258.0M Q4 2025 Q1 2026: $256.6M Q1 2026 Q2 2026: $280.6M Q2 2026

Holdings 102 stocks · $222.9M
SPY SS SPDR S&P 500 ETF Trust-US 10.30% 43,887 $23.0M Add +0.4%
IJR iShares Core S&P Small-Cap E 6.10% 123,054 $13.6M Reduce -0.0%
JPST JPMorgan Ultra-Short Income 4.93% 217,693 $11.0M Add +1.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd 4.07% 36,316 $9.1M Reduce -0.6%
BSV Vanguard Short-Term Bond ETF 3.63% 105,444 $8.1M Reduce -1.3%
MSFT Microsoft Corp. 3.26% 17,270 $7.3M Add +1.8%
IBDP iShares Ibonds Dec 2024 Term 3.21% 286,055 $7.2M Add +11.6%
IBDQ iShares Ibonds Dec 2025 Term 2.93% 263,582 $6.5M Add +12.2%
DGRO iShares Core Dividend Growth 2.93% 112,490 $6.5M Add +1.6%
GOOGL Alphabet Inc. Class A 2.85% 42,097 $6.4M Reduce -0.0%
IVV iShares Core S&P 500 ETF 2.52% 10,666 $5.6M Reduce -0.2%
SDY SS SPDR S&P Dividend ETF 2.46% 41,847 $5.5M Reduce -2.3%
PFF iShares Preferred & Income S 2.44% 168,879 $5.4M Add +0.9%
AMZN Amazon.com Inc. 2.32% 28,619 $5.2M Reduce -0.0%
IBDR iShares Ibonds Dec 2026 Term 2.03% 190,105 $4.5M Add +13.1%
HDV iShares Core High Dividend E 2.01% 40,686 $4.5M Reduce -1.6%
MDY State Street SPDR S&P Midcap 1.92% 7,676 $4.3M Add +0.0%
IBDS Ishrs Ibnds Dec 27 Corp. ETF 1.86% 173,950 $4.1M Add +15.8%
MA Mastercard Inc. Class A 1.72% 7,969 $3.8M Reduce -0.5%
IBDT iShares Ibonds Dec 2028 ETF 1.70% 152,469 $3.8M Add +35.0%
VUG Vanguard Mrngstar GR ETF-Sui 1.63% 10,530 $3.6M Add +0.9%
VOE Vngrd Mrngstr MD-Cap Val ETF 1.61% 23,093 $3.6M Reduce -1.6%
CRM Salesforce Inc. 1.60% 11,844 $3.6M Reduce -0.0%
USMV iShares MSCI USA Min Vol Fac 1.52% 40,493 $3.4M Reduce -2.5%
V Visa Inc. Class A 1.51% 12,048 $3.4M Reduce -0.6%
VNQ Vanguard Real Estate ETF 1.51% 38,841 $3.4M Add +0.0%
IBDU iShares Ibonds Dec 2029 Term 1.50% 146,279 $3.3M Add +34.1%
AAPL Apple Inc. 1.44% 18,728 $3.2M Add +0.3%
VGT Vanguard Info Tech ETF 1.19% 5,067 $2.7M No change
BIV Vanguard Intermediate-Term B 1.14% 33,697 $2.5M No change
VHT Vanguard Health Care ETF 0.82% 6,764 $1.8M Add +0.0%
VDC Vanguard Consumer Staple ETF 0.78% 8,481 $1.7M Reduce -0.2%
IGM iShares Expanded Tech Sector 0.75% 19,322 $1.7M Add +0.1%
UPS United Parcel Service Class B 0.70% 10,430 $1.6M Reduce -4.0%
VCR Vanguard Consumer Discre ETF 0.66% 4,621 $1.5M Add +0.0%
VCSH Vanguard S/T Corp. Bond ETF 0.61% 17,688 $1.4M Add +0.0%
JNJ Johnson & Johnson 0.57% 8,084 $1.3M Reduce -1.8%
KMI Kinder Morgan Inc. 0.46% 56,480 $1.0M Reduce -0.1%
COST Costco Wholesale Corp. 0.44% 1,346 $986K No change
AMGN Amgen Inc. 0.44% 3,429 $975K Reduce -0.1%
GLD SPDR Gold Shares 0.43% 4,703 $968K Reduce -3.1%
VCIT Vanguard Int-Term Corporate 0.43% 11,789 $949K Add +0.0%
IJJ iShares S&P Mid-Cap 400 Valu 0.42% 7,951 $941K No change
BALL Ball Corp. 0.41% 13,550 $913K No change
XLI SS Industrial Select Sector 0.40% 7,135 $899K Add +0.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.39% 22,813 $865K Add +0.4%
VFH Vanguard Financials ETF 0.38% 8,232 $843K No change
XOM Exxon Mobil Corp. 0.37% 7,115 $827K Add +0.1%
VGIT Vanguard Intermediate-Term T 0.37% 14,008 $820K Reduce -1.4%
PG The Procter & Gamble Co. 0.36% 4,991 $810K Reduce -0.1%
WBS Webster Financial Corp. 0.35% 15,575 $791K No change
VZ Verizon Communications Inc. 0.33% 17,286 $725K Reduce -0.2%
JCPB JPMorgan Core Plus Bond ETF 0.32% 15,490 $723K Add +241.2%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.32% 2,758 $719K Add +0.6%
IWV iShares Russell 3000 ETF 0.31% 2,324 $697K No change
MAR Marriott International Class A 0.31% 2,752 $694K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.31% 3,576 $683K Add +0.1%
CVX Chevron Corp. 0.30% 4,256 $671K Reduce -14.5%
DD Dupont DE Nemours Inc. 0.30% 8,709 $668K No change
MRK Merck & Co. Inc. 0.28% 4,714 $622K Add +4.5%
IWB iShares Russell 1000 ETF 0.27% 2,073 $597K No change
PEP Pepsico Inc. 0.26% 3,279 $574K Reduce -0.3%
DOW Dow Inc. 0.25% 9,561 $554K No change
CTVA Corteva Inc. 0.24% 9,183 $530K No change
ARKK ARK Innovation ETF 0.23% 10,394 $521K Reduce -1.5%
PYPL PayPal Holdings Inc. 0.23% 7,752 $519K Reduce -9.8%
IHI iShares U.S. Medical Devices 0.23% 8,700 $510K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.23% 2,094 $502K No change
ORCL Oracle Corp. 0.22% 3,971 $499K Add +0.0%
NVDA Nvidia Corp. 0.22% 551 $498K Add +1.5%
OMC Omnicom Group 0.22% 5,000 $484K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.21% 3,907 $478K Reduce -0.1%
VTI VG Morningstar TS MKT ETF-US 0.21% 1,822 $474K No change
TIP iShares Tips Bond ETF 0.21% 4,332 $465K No change
D Dominion Energy Inc. 0.21% 9,395 $462K Add +0.1%
WMT Walmart Inc. 0.19% 7,109 $428K Reduce -1.8%
HD Home Depot Inc. 0.19% 1,093 $419K No change
BRK.B Berkshire Hathaway Inc. Class B 0.18% 957 $402K Reduce -6.6%
LLY Eli Lilly & Co. 0.17% 493 $384K No change
SPGI S&P Global Inc. 0.17% 879 $374K No change
VPU Vanguard Utilities ETF 0.15% 2,392 $341K Reduce -14.1%
JPM JPMorgan Chase & Co. 0.15% 1,658 $332K Reduce -0.6%
FDX FedEx Corp. 0.15% 1,125 $326K No change
UNP Union Pacific Corp. 0.14% 1,299 $319K No change
AXP American Express Co. 0.14% 1,357 $309K No change
EMR Emerson Electric Co. 0.13% 2,610 $296K No change
GOOG Alphabet Inc. Class C 0.13% 1,891 $288K No change
WFC Wells Fargo & Co. 0.13% 4,894 $284K Reduce -9.3%
CAT Caterpillar Inc. 0.12% 754 $276K No change
INTC Intel Corp. 0.12% 6,024 $266K Add +0.0%
UNH Unitedhealth Group Inc. 0.12% 524 $259K New
QQQ Invesco QQQ Trust Series 1 0.11% 550 $244K No change
VXF Vanguard Extended Market ETF 0.11% 1,370 $240K No change
MMM 3M Co. 0.10% 2,208 $234K Reduce -20.4%
IJH iShares Core S&P Midcap ETF 0.10% 3,830 $233K No change
PPG PPG Industries Inc. 0.10% 1,600 $232K No change
CSCO Cisco Systems Inc. 0.10% 4,637 $231K No change
NVS Novartis AG-Sponsored ADR 0.10% 2,200 $213K No change
COP Conocophillips 0.09% 1,660 $211K New
TSLA Tesla Inc. 0.09% 1,159 $204K Reduce -0.3%

Show all 102 holdings

Portfolio Sells Q4 2023 → Q1 2024
BSV Vanguard Short-Term Bond ETF Reduce -1.3% 3.63% −0.36
IJR iShares Core S&P Small-Cap E Reduce -0.0% 6.10% −0.36
UPS United Parcel Service Class B Reduce -4.0% 0.70% −0.13
SDY SS SPDR S&P Dividend ETF Reduce -2.3% 2.46% −0.13
BA The Boeing Co. Sold out 0.00% −0.11
CVX Chevron Corp. Reduce -14.5% 0.30% −0.06
USMV iShares MSCI USA Min Vol Fac Reduce -2.5% 1.52% −0.05
JNJ Johnson & Johnson Reduce -1.8% 0.57% −0.05
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -0.6% 4.07% −0.05
TSLA Tesla Inc. Reduce -0.3% 0.09% −0.05
AMGN Amgen Inc. Reduce -0.1% 0.44% −0.04
MMM 3M Co. Reduce -20.4% 0.10% −0.04
VGIT Vanguard Intermediate-Term T Reduce -1.4% 0.37% −0.04
VOE Vngrd Mrngstr MD-Cap Val ETF Reduce -1.6% 1.61% −0.04
ARKK ARK Innovation ETF Reduce -1.5% 0.23% −0.03
HDV iShares Core High Dividend E Reduce -1.6% 2.01% −0.03
VPU Vanguard Utilities ETF Reduce -14.1% 0.15% −0.03
PYPL PayPal Holdings Inc. Reduce -9.8% 0.23% −0.02
V Visa Inc. Class A Reduce -0.6% 1.51% −0.02
KMI Kinder Morgan Inc. Reduce -0.1% 0.46% −0.02
GLD SPDR Gold Shares Reduce -3.1% 0.43% −0.02
PEP Pepsico Inc. Reduce -0.3% 0.26% −0.01
VDC Vanguard Consumer Staple ETF Reduce -0.2% 0.78% −0.01
GOOGL Alphabet Inc. Class A Reduce -0.0% 2.85% −0.00
WFC Wells Fargo & Co. Reduce -9.3% 0.13% −0.00
BRK.B Berkshire Hathaway Inc. Class B Reduce -6.6% 0.18% +0.00
WMT Walmart Inc. Reduce -1.8% 0.19% +0.01
PG The Procter & Gamble Co. Reduce -0.1% 0.36% +0.01
VZ Verizon Communications Inc. Reduce -0.2% 0.33% +0.01
JPM JPMorgan Chase & Co. Reduce -0.6% 0.15% +0.01
IVV iShares Core S&P 500 ETF Reduce -0.2% 2.52% +0.04
DIS The Walt Disney Co. Reduce -0.1% 0.21% +0.04
MA Mastercard Inc. Class A Reduce -0.5% 1.72% +0.07
CRM Salesforce Inc. Reduce -0.0% 1.60% +0.09
AMZN Amazon.com Inc. Reduce -0.0% 2.32% +0.21

Portfolio Buys Q4 2023 → Q1 2024
IBDT iShares Ibonds Dec 2028 ETF Add +35.0% 1.70% +0.33
IBDU iShares Ibonds Dec 2029 Term Add +34.1% 1.50% +0.28
JCPB JPMorgan Core Plus Bond ETF Add +241.2% 0.32% +0.22
SPY SS SPDR S&P 500 ETF Trust-US Add +0.4% 10.30% +0.22
MSFT Microsoft Corp. Add +1.8% 3.26% +0.16
IBDP iShares Ibonds Dec 2024 Term Add +11.6% 3.21% +0.12
UNH Unitedhealth Group Inc. New 0.12% +0.12
IBDS Ishrs Ibnds Dec 27 Corp. ETF Add +15.8% 1.86% +0.11
IBDQ iShares Ibonds Dec 2025 Term Add +12.2% 2.93% +0.11
COP Conocophillips New 0.09% +0.09
NVDA Nvidia Corp. Add +1.5% 0.22% +0.09
VAW Vanguard Materials ETF New 0.09% +0.09
IBDR iShares Ibonds Dec 2026 Term Add +13.1% 2.03% +0.08
VUG Vanguard Mrngstar GR ETF-Sui Add +0.9% 1.63% +0.05
IGM iShares Expanded Tech Sector Add +0.1% 0.75% +0.05
MRK Merck & Co. Inc. Add +4.5% 0.28% +0.04
DGRO iShares Core Dividend Growth Add +1.6% 2.93% +0.04
MDY State Street SPDR S&P Midcap Add +0.0% 1.92% +0.03
XOM Exxon Mobil Corp. Add +0.1% 0.37% +0.03
IBM Intl Business Machines Corp. Add +0.1% 0.31% +0.02
ORCL Oracle Corp. Add +0.0% 0.22% +0.02
BAC Bank of America Corp. Add +0.4% 0.39% +0.02
XLI SS Industrial Select Sector Add +0.0% 0.40% +0.01
VBK Van Morst SML-Cap Gro-Usd Inc. Add +0.6% 0.32% +0.00
VHT Vanguard Health Care ETF Add +0.0% 0.82% −0.00
D Dominion Energy Inc. Add +0.1% 0.21% −0.01
VCR Vanguard Consumer Discre ETF Add +0.0% 0.66% −0.02
INTC Intel Corp. Add +0.0% 0.12% −0.03
VCIT Vanguard Int-Term Corporate Add +0.0% 0.43% −0.04
VCSH Vanguard S/T Corp. Bond ETF Add +0.0% 0.61% −0.05
PFF iShares Preferred & Income S Add +0.9% 2.44% −0.09
VNQ Vanguard Real Estate ETF Add +0.0% 1.51% −0.16
AAPL Apple Inc. Add +0.3% 1.44% −0.30
JPST JPMorgan Ultra-Short Income Add +1.0% 4.93% −0.33

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 113$280.6MSPY, IJR, GOOGL, JPST, VO
Q1 2026 109$256.6MSPY, IJR, JPST, GOOGL, VO
Q4 2025 107$258.0MSPY, IJR, GOOGL, JPST, VO
Q3 2025 72$113.9MSPY, IJR, GOOGL, VO, JPST
Q2 2025 107$241.2MSPY, IJR, JPST, VO, MSFT
Q1 2025 103$222.6MSPY, IJR, JPST, VO, BSV
Q4 2024 103$234.6MSPY, IJR, JPST, VO, GOOGL
Q3 2024 107$241.8MSPY, IJR, JPST, VO, BSV
Q2 2024 62$146.6MSPY, JPST, GOOGL, IBDP, IBDQ
Q1 2024 102$222.9MSPY, IJR, JPST, VO, BSV