Houlihan Financial Resource Group, Ltd.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 29, 2026), Houlihan Financial Resource Group, Ltd. reported 109 stock positions worth $256.6 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, 4.9%) and JPMorgan Ultra-Short Income (JPST, 4.4%). Compared with Q4 2025, it opened 3 new positions, sold out of 1, added to 33 and reduced 19. The biggest buy was Ishrs Ibnds Dec 27 Corp. ETF (IBDS, shares +84%) and the biggest sale Alphabet Class A (GOOGL, shares −0%).

Most Recent 13F
Q2 2026
Location
ASHBURN, VA
CIK
0001802879
Portfolio Value
$256.6M (Q1 2026)
SEC Filing
0001802879-26-000002 ↗ filed Apr 29, 2026

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $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 $256.6M Q1 2026 Q2 2026: $280.6M Q2 2026

Holdings 109 stocks · $256.6M
SPY SS SPDR S&P 500 ETF Trust-US 10.26% 40,500 $26.3M Reduce -0.1%
IJR iShares Core S&P Small-Cap E 4.91% 101,288 $12.6M Reduce -0.6%
JPST JPMorgan Ultra-Short Income 4.41% 223,357 $11.3M Add +3.6%
GOOGL Alphabet Inc. Class A 4.30% 38,376 $11.0M Reduce -0.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd 3.71% 33,131 $9.5M Add +0.5%
DGRO iShares Core Dividend Growth 2.94% 107,616 $7.6M Add +0.6%
BSV Vanguard Short-Term Bond ETF 2.68% 87,604 $6.9M Reduce -0.5%
IVV iShares Core S&P 500 ETF 2.63% 10,326 $6.7M Add +0.1%
MSFT Microsoft Corp. 2.43% 16,842 $6.2M Add +0.1%
AMZN Amazon.com Inc. 2.30% 28,390 $5.9M Add +0.7%
SDY SS SPDR S&P Dividend ETF 2.22% 39,092 $5.7M Reduce -0.7%
JCPB JPMorgan Core Plus Bond ETF 2.21% 120,514 $5.7M Add +4.7%
IBDT iShares Ibonds Dec 2028 ETF 2.21% 223,865 $5.7M Add +2.1%
IBDS Ishrs Ibnds Dec 27 Corp. ETF 2.20% 233,185 $5.7M Add +83.7%
IBDR iShares Ibonds Dec 2026 Term 2.12% 224,656 $5.4M Add +77.7%
IBDU iShares Ibonds Dec 2029 Term 2.02% 223,165 $5.2M Add +1.9%
HDV iShares Core High Dividend E 2.00% 37,776 $5.1M Add +0.2%
IBDV iShares Ibonds Dec 2030 Corp. 1.74% 204,550 $4.5M Add +3.6%
MDY State Street SPDR S&P Midcap 1.57% 6,533 $4.0M Reduce -1.7%
VUG Vanguard Mrngstar GR ETF-Sui 1.55% 9,083 $4.0M Reduce -0.3%
VOE Vngrd Mrngstr MD-Cap Val ETF 1.49% 20,690 $3.8M No change
MA Mastercard Inc. Class A 1.45% 7,425 $3.7M No change
USMV iShares MSCI USA Min Vol Fac 1.41% 38,935 $3.6M Add +0.5%
AAPL Apple Inc. 1.37% 13,806 $3.5M Add +0.1%
IBDW iShares Ibonds Dec 2031 Corp. 1.36% 166,946 $3.5M Add +9.7%
VGT Vanguard Info Tech ETF 1.35% 4,968 $3.5M No change
V Visa Inc. Class A 1.31% 11,135 $3.4M Add +0.0%
PFF iShares Preferred & Income S 1.29% 109,468 $3.3M Reduce -3.9%
VNQ Vanguard Real Estate ETF 1.21% 35,082 $3.1M Reduce -0.3%
DYNF Ishrs US E F R A ETF-Usd Inc. 1.19% 52,590 $3.1M Add +3.3%
QUAL iShares MSCI USA Quality Fac 1.14% 15,184 $2.9M Add +4.0%
IBDX iShares Ibonds Dec 2032 TC 1.02% 104,050 $2.6M Add +57.4%
BIV Vanguard Intermediate-Term B 1.01% 33,617 $2.6M No change
AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO 0.99% 48,090 $2.5M Reduce -2.4%
JEPI JPMorgan Equity Premium Inco 0.96% 43,327 $2.5M Add +5.5%
CRM Salesforce Inc. 0.82% 11,208 $2.1M Reduce -0.8%
NVDA Nvidia Corp. 0.81% 11,908 $2.1M No change
IGM iShares Expanded Tech Sector 0.80% 17,402 $2.1M No change
VDC Vanguard Consumer Staple ETF 0.73% 8,333 $1.9M No change
GLD SPDR Gold Shares 0.71% 4,205 $1.8M No change
JNJ Johnson & Johnson 0.70% 7,345 $1.8M Add +0.1%
KMI Kinder Morgan Inc. 0.68% 52,206 $1.8M Add +0.0%
VHT Vanguard Health Care ETF 0.65% 6,159 $1.7M No change
VCR Vanguard Consumer Discre ETF 0.64% 4,565 $1.6M No change
VCSH Vanguard S/T Corp. Bond ETF 0.58% 18,745 $1.5M Add +0.0%
AMGN Amgen Inc. 0.45% 3,291 $1.2M No change
XLI SS Industrial Select Sector 0.44% 7,052 $1.1M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.42% 22,283 $1.1M Add +0.0%
WBS Webster Financial Corp. 0.42% 15,575 $1.1M No change
IGV iShares Expanded Tech-Softwa 0.41% 13,283 $1.1M Add +3.1%
COST Costco Wholesale Corp. 0.41% 1,046 $1.0M No change
IJJ iShares S&P Mid-Cap 400 Valu 0.40% 7,727 $1.0M No change
GOOG Alphabet Inc. Class C 0.40% 3,559 $1.0M Reduce -1.2%
XOM Exxon Mobil Corp. 0.37% 5,599 $950K Reduce -1.1%
VFH Vanguard Financials ETF 0.36% 7,676 $927K Reduce -3.1%
VCIT Vanguard Int-Term Corporate 0.35% 10,878 $900K Add +0.0%
MAR Marriott International Class A 0.35% 2,752 $900K No change
CVX Chevron Corp. 0.34% 4,175 $864K Reduce -1.7%
IWV iShares Russell 3000 ETF 0.34% 2,324 $861K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.32% 3,402 $825K Add +0.1%
WMT Walmart Inc. 0.32% 6,515 $810K No change
BRK.B Berkshire Hathaway Inc. Class B 0.31% 1,675 $803K No change
CTVA Corteva Inc. 0.30% 9,183 $769K No change
PG The Procter & Gamble Co. 0.27% 4,725 $683K Add +0.1%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.27% 2,257 $682K Reduce -0.9%
VZ Verizon Communications Inc. 0.27% 13,580 $682K Add +0.1%
VGIT Vanguard Intermediate-Term T 0.26% 11,228 $669K No change
IWB iShares Russell 1000 ETF 0.26% 1,850 $660K No change
BALL Ball Corp. 0.25% 11,053 $653K No change
ORCL Oracle Corp. 0.24% 4,202 $618K No change
VTI VG Morningstar TS MKT ETF-US 0.23% 1,856 $595K No change
D Dominion Energy Inc. 0.21% 8,644 $534K Add +0.1%
MRK Merck & Co. Inc. 0.20% 4,227 $508K No change
JPM JPMorgan Chase & Co. 0.20% 1,715 $504K No change
UPS United Parcel Service Class B 0.19% 5,013 $493K Reduce -4.8%
PEP Pepsico Inc. 0.19% 3,091 $480K No change
LLY Eli Lilly & Co. 0.18% 500 $460K No change
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.18% 976 $452K No change
CAT Caterpillar Inc. 0.17% 629 $446K No change
IHI iShares U.S. Medical Devices 0.17% 8,220 $439K No change
TIP iShares Tips Bond ETF 0.17% 3,846 $424K No change
VPU Vanguard Utilities ETF 0.16% 2,131 $422K Add +0.1%
Q Qnity Electronics Inc. 0.16% 3,506 $405K No change
AXP American Express Co. 0.16% 1,335 $404K No change
IJH iShares Core S&P Midcap ETF 0.15% 5,755 $389K No change
TSLA Tesla Inc. 0.15% 1,015 $377K Reduce -2.4%
SPGI S&P Global Inc. 0.15% 879 $374K No change
DOW Dow Inc. filed as DOW HLDGS INC 0.14% 8,850 $369K New
CSCO Cisco Systems Inc. 0.14% 4,472 $347K Reduce -4.3%
EMR Emerson Electric Co. 0.13% 2,610 $342K No change
OMC Omnicom Group 0.13% 4,500 $339K No change
DD Dupont DE Nemours Inc. 0.13% 7,015 $321K No change
QQQ Invesco QQQ Trust Series 1 0.12% 554 $320K No change
HD Home Depot Inc. 0.12% 921 $303K No change
ARKK ARK Innovation ETF 0.12% 4,376 $296K No change
UNP Union Pacific Corp. 0.11% 1,202 $292K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.11% 2,984 $288K No change
NFLX Netflix Inc. 0.11% 2,950 $284K No change
VXF Vanguard Extended Market ETF 0.11% 1,370 $282K No change
GE General Electric filed as GE AEROSPACE 0.11% 964 $274K No change
NVS Novartis AG-Sponsored ADR 0.10% 1,700 $260K No change
FDX FedEx Corp. 0.10% 725 $258K No change
SYY Sysco Corp. 0.09% 3,377 $241K No change
MMM 3M Co. 0.09% 1,625 $236K Add +0.1%
DVY iShares Select Dividend ETF 0.09% 1,524 $231K No change
TFC Truist Financial Corp. 0.09% 4,871 $224K No change
WFC Wells Fargo & Co. 0.09% 2,808 $224K No change
GEV GE Vernova Inc. 0.08% 245 $214K New
COP Conocophillips 0.08% 1,520 $201K New

Portfolio Sells Q4 2025 → Q1 2026
GOOGL Alphabet Inc. Class A Reduce -0.2% 4.30% −0.54
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.1% 10.26% −0.53
CRM Salesforce Inc. Reduce -0.8% 0.82% −0.25
AKRE Akre Focus ETF Reduce -2.4% 0.99% −0.21
VUG Vanguard Mrngstar GR ETF-Sui Reduce -0.3% 1.55% −0.17
PFF iShares Preferred & Income S Reduce -3.9% 1.29% −0.08
SCHB Schwab US Broad Market ETF Sold out 0.00% −0.08
GOOG Alphabet Inc. Class C Reduce -1.2% 0.40% −0.05
VFH Vanguard Financials ETF Reduce -3.1% 0.36% −0.04
TSLA Tesla Inc. Reduce -2.4% 0.15% −0.03
BSV Vanguard Short-Term Bond ETF Reduce -0.5% 2.68% −0.01
MDY State Street SPDR S&P Midcap Reduce -1.7% 1.57% −0.01
UPS United Parcel Service Class B Reduce -4.8% 0.19% −0.01
VNQ Vanguard Real Estate ETF Reduce -0.3% 1.21% −0.01
CSCO Cisco Systems Inc. Reduce -4.3% 0.14% −0.00
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -0.9% 0.27% −0.00
IJR iShares Core S&P Small-Cap E Reduce -0.6% 4.91% +0.04
SDY SS SPDR S&P Dividend ETF Reduce -0.7% 2.22% +0.04
CVX Chevron Corp. Reduce -1.7% 0.34% +0.06
XOM Exxon Mobil Corp. Reduce -1.1% 0.37% +0.08

Portfolio Buys Q4 2025 → Q1 2026
IBDS Ishrs Ibnds Dec 27 Corp. ETF Add +83.7% 2.20% +1.01
IBDR iShares Ibonds Dec 2026 Term Add +77.7% 2.12% +0.93
IBDX iShares Ibonds Dec 2032 TC Add +57.4% 1.02% +0.37
JPST JPMorgan Ultra-Short Income Add +3.6% 4.41% +0.17
HDV iShares Core High Dividend E Add +0.2% 2.00% +0.15
DOW Dow Inc. New 0.14% +0.14
IBDW iShares Ibonds Dec 2031 Corp. Add +9.7% 1.36% +0.11
KMI Kinder Morgan Inc. Add +0.0% 0.68% +0.10
JCPB JPMorgan Core Plus Bond ETF Add +4.7% 2.21% +0.10
JNJ Johnson & Johnson Add +0.1% 0.70% +0.09
GEV GE Vernova Inc. New 0.08% +0.08
COP Conocophillips New 0.08% +0.08
IBDV iShares Ibonds Dec 2030 Corp. Add +3.6% 1.74% +0.05
VZ Verizon Communications Inc. Add +0.1% 0.27% +0.04
IBDT iShares Ibonds Dec 2028 ETF Add +2.1% 2.21% +0.04
JEPI JPMorgan Equity Premium Inco Add +5.5% 0.96% +0.04
IBDU iShares Ibonds Dec 2029 Term Add +1.9% 2.02% +0.03
DGRO iShares Core Dividend Growth Add +0.6% 2.94% +0.02
D Dominion Energy Inc. Add +0.1% 0.21% +0.01
VPU Vanguard Utilities ETF Add +0.1% 0.16% +0.01
QUAL iShares MSCI USA Quality Fac Add +4.0% 1.14% +0.00
VCSH Vanguard S/T Corp. Bond ETF Add +0.0% 0.58% −0.00
VCIT Vanguard Int-Term Corporate Add +0.0% 0.35% −0.00
PG The Procter & Gamble Co. Add +0.1% 0.27% −0.00
MMM 3M Co. Add +0.1% 0.09% −0.01
USMV iShares MSCI USA Min Vol Fac Add +0.5% 1.41% −0.01
DYNF Ishrs US E F R A ETF-Usd Inc. Add +3.3% 1.19% −0.01
AAPL Apple Inc. Add +0.1% 1.37% −0.03
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.5% 3.71% −0.03
BAC Bank of America Corp. Add +0.0% 0.42% −0.04
IBM Intl Business Machines Corp. Add +0.1% 0.32% −0.07
IGV iShares Expanded Tech-Softwa Add +3.1% 0.41% −0.08
IVV iShares Core S&P 500 ETF Add +0.1% 2.63% −0.13
V Visa Inc. Class A Add +0.0% 1.31% −0.15
AMZN Amazon.com Inc. Add +0.7% 2.30% −0.26
MSFT Microsoft Corp. Add +0.1% 2.43% −0.61

Notes & Other Activity Q4 2025 → Q1 2026
IBDS Ishrs Ibnds Dec 27 Corp. ETF IBONDS 27 ETF · principal Sold out 103,906 $2.5Mbefore exit
IBDR iShares Ibonds Dec 2026 Term IBONDS DEC2026 · principal Sold out 103,457 $2.5Mbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

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