Manchester Financial Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Manchester Financial Inc. reported 122 stock positions worth $443.9 million. Its top holding was Schwab US Broad Market ETF (SCHB) at 17.0% of the portfolio, followed by Invesco Bulletshares 2027 CB (BSCR, 10.9%) and Invesco S&P 500 Equal Weight (RSP, 9.5%). Compared with Q4 2024, it opened 18 new positions, sold out of 9, added to 36 and reduced 41. The biggest buy was a new position in iShares MSCI Brazil ETF (EWZ) and the biggest sale Cambria Shareholder Yield Et (SYLD, shares −83%).
- Most Recent 13F
- Q2 2026
- Location
- Westlake Village, CA
- CIK
- 0000866590
- Portfolio Value
- $443.9M (Q1 2025)
- SEC Filing
- 0001172661-25-001741 ↗ filed May 13, 2025
Holdings Value
Holdings 122 stocks · $443.9M
| SCHB Schwab US Broad Market ETF | 16.97% | 3,499,944 | $75.4M | Add +0.2% |
| BSCR Invesco Bulletshares 2027 CB | 10.91% | 2,471,396 | $48.4M | Reduce -17.7% |
| RSP Invesco S&P 500 Equal Weight | 9.47% | 242,565 | $42.0M | Reduce -27.1% |
| SCHX Schwab US Large-Cap ETF | 6.12% | 1,230,874 | $27.2M | Reduce -0.8% |
| EWZ iShares MSCI Brazil ETF | 4.19% | 719,206 | $18.6M | New |
| SCHM Schwab US Mid Cap ETF | 3.75% | 634,603 | $16.6M | Reduce -22.7% |
| FTSM First Trust Enh Short Mat FD | 3.48% | 257,924 | $15.4M | Reduce -12.6% |
| AAPL Apple Inc. | 3.07% | 61,398 | $13.6M | Reduce -2.3% |
| NVDA Nvidia Corp. | 3.00% | 122,742 | $13.3M | Reduce -1.7% |
| FDL First Trust Morn DVD Lead Inc. | 2.31% | 236,138 | $10.3M | Add +15.1% |
| FIIG FT Intermed Dur Ig Corp. ETF | 2.18% | 467,329 | $9.7M | Add +57.8% |
| XLG Invesco S&P 500 Top 50 ETF | 2.14% | 206,869 | $9.5M | New |
| XMMO Invesco S&P Midcap Momentum | 1.93% | 75,315 | $8.6M | Add +113.5% |
| IWL iShares Russell Top 200 ETF | 1.72% | 55,678 | $7.7M | Add +103.7% |
| GRW TCW Durable Growth ETF | 1.62% | 217,045 | $7.2M | Reduce -1.1% |
| AFLG First Trust Active Factor La | 1.55% | 203,771 | $6.9M | Add +134.5% |
| TBIL F/M US Treasury 3 Month Bill | 1.49% | 132,633 | $6.6M | Reduce -7.5% |
| COST Costco Wholesale Corp. | 1.36% | 6,362 | $6.0M | Reduce -6.0% |
| META Meta Platforms Inc. Class A | 1.33% | 10,207 | $5.9M | Reduce -3.3% |
| MMSC First Trust Multi-Manager SM | 1.15% | 279,858 | $5.1M | Add +1.3% |
| GRID First TRST Nasd Class Edg Sgiif | 1.10% | 43,243 | $4.9M | Add +0.4% |
| MSFT Microsoft Corp. | 1.05% | 12,437 | $4.7M | Reduce -20.8% |
| VT Vanguard Tot World STK ETF | 0.88% | 33,602 | $3.9M | Add +3.5% |
| V Visa Inc. Class A | 0.86% | 10,891 | $3.8M | Reduce -15.2% |
| PLTR Palantir Technologies Inc. Class A | 0.81% | 42,704 | $3.6M | Reduce -33.6% |
| SPMO Invesco S&P 500 Momentum ETF | 0.77% | 37,042 | $3.4M | Add +144.9% |
| BSCS Invesco Bulletshares 2028 CB | 0.73% | 159,465 | $3.2M | New |
| SYLD Cambria Shareholder Yield Et | 0.70% | 48,619 | $3.1M | Reduce -82.9% |
| SHRY First Trust Shareholder YLD | 0.67% | 73,022 | $3.0M | Reduce -15.6% |
| EPOL iShares MSCI Poland ETF | 0.60% | 95,823 | $2.7M | New |
| AMZN Amazon.com Inc. | 0.54% | 12,649 | $2.4M | Add +10.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.43% | 3,434 | $1.9M | Reduce -2.7% |
| HCA HCA Healthcare Inc. | 0.40% | 5,163 | $1.8M | Add +113.2% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.37% | 23,286 | $1.7M | Reduce -26.4% |
| IWV iShares Russell 3000 ETF | 0.36% | 5,051 | $1.6M | No change |
| LIN Linde PLC | 0.35% | 3,366 | $1.6M | Reduce -25.2% |
| VZ Verizon Communications Inc. | 0.34% | 33,737 | $1.5M | Reduce -0.7% |
| GLW Corning Inc. | 0.33% | 31,762 | $1.5M | Reduce -23.1% |
| TSLA Tesla Inc. | 0.31% | 5,295 | $1.4M | Add +3.7% |
| AMGN Amgen Inc. | 0.26% | 3,728 | $1.2M | Reduce -0.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 4,643 | $1.2M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.25% | 2,111 | $1.1M | Add +30.3% |
| XOM Exxon Mobil Corp. | 0.24% | 9,059 | $1.1M | Reduce -0.7% |
| FCAL First Trust California Munic | 0.23% | 21,120 | $1.0M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.22% | 2,084 | $977K | Add +2.4% |
| XBIL F/M US Treasury 6 Month Bill | 0.22% | 19,331 | $970K | Add +5.4% |
| QQQM Invesco Nasdaq 100 ETF | 0.21% | 4,943 | $954K | Reduce -16.5% |
| VVR Invesco Senior Income Trust | 0.21% | 254,342 | $954K | Reduce -10.6% |
| ABBV Abbvie Inc. | 0.20% | 4,262 | $893K | Reduce -6.2% |
| CEF Sprott Physical Gold and Sil | 0.19% | 30,080 | $855K | Add +129.3% |
| RING iShares MSCI Global Gold Min | 0.19% | 21,715 | $833K | New |
| AVGO Broadcom Inc. | 0.18% | 4,797 | $803K | Add +36.0% |
| LLY Eli Lilly & Co. | 0.18% | 951 | $786K | Add +46.5% |
| JPM JPMorgan Chase & Co. | 0.17% | 3,041 | $746K | Add +51.1% |
| SCHW Schwab (charles) Corp. | 0.16% | 9,073 | $710K | No change |
| CI The Cigna Group | 0.16% | 2,142 | $705K | No change |
| GLD SPDR Gold Shares | 0.15% | 2,239 | $645K | Add +6.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.14% | 2,329 | $640K | No change |
| MA Mastercard Inc. Class A | 0.14% | 1,139 | $624K | No change |
| GOOG Alphabet Inc. Class C | 0.14% | 3,960 | $619K | Add +53.6% |
| EDIV State Street SPDR S&P Emergi | 0.13% | 16,488 | $589K | New |
| CSM Proshares Large Cap Core Plu | 0.13% | 9,135 | $582K | Add +142.2% |
| XLC SS Comm Select Sector SPDR | 0.13% | 6,022 | $581K | New |
| ULVM Victoryshares US Value Momen | 0.13% | 7,007 | $563K | Add +181.8% |
| TIME Clockwise U.S. Core Equity E | 0.12% | 23,397 | $529K | New |
| CRPT FT Skybr Crypt & Dig Econ | 0.11% | 41,518 | $508K | New |
| MCD McDonald's Corp. | 0.11% | 1,589 | $496K | No change |
| MAR Marriott International Class A | 0.11% | 2,003 | $477K | No change |
| KMB Kimberly-Clark Corp. | 0.10% | 3,174 | $451K | No change |
| CSCO Cisco Systems Inc. | 0.10% | 7,098 | $438K | Add +0.0% |
| JNJ Johnson & Johnson | 0.10% | 2,625 | $435K | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 0.10% | 2,802 | $433K | Reduce -1.5% |
| XYLD Global X S&P 500 Cove Call E | 0.09% | 10,640 | $420K | Reduce -2.2% |
| MMM 3M Co. | 0.09% | 2,836 | $417K | No change |
| EIX Edison International | 0.09% | 6,877 | $405K | Reduce -10.5% |
| MKL Markel Group Inc. | 0.09% | 204 | $381K | Reduce -2.9% |
| GILD Gilead Sciences Inc. | 0.08% | 3,212 | $360K | No change |
| CVX Chevron Corp. | 0.08% | 2,147 | $359K | Add +0.1% |
| MS Morgan Stanley | 0.08% | 3,043 | $355K | No change |
| HD Home Depot Inc. | 0.08% | 952 | $349K | No change |
| ORCL Oracle Corp. | 0.08% | 2,492 | $348K | Add +16.1% |
| VOO Vanguard S&P 500 ETF | 0.08% | 677 | $348K | Add +15.7% |
| MO Altria Group Inc. | 0.08% | 5,750 | $345K | No change |
| GD General Dynamics Corp. | 0.08% | 1,263 | $344K | Reduce -3.8% |
| YMAX Yieldmax Universe Fo in Etfs | 0.08% | 25,727 | $344K | New |
| MRK Merck & Co. Inc. | 0.08% | 3,794 | $341K | Add +0.1% |
| AXP American Express Co. | 0.08% | 1,257 | $338K | No change |
| SPG Simon Property Group Inc. | 0.08% | 2,021 | $336K | No change |
| T AT&T Inc. | 0.07% | 11,755 | $332K | Add +0.1% |
| RTX RTX Corp. | 0.07% | 2,628 | $329K | No change |
| PFE Pfizer Inc. | 0.07% | 12,836 | $325K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.07% | 3,228 | $319K | Reduce -3.0% |
| PRU Prudential Financial Inc. | 0.07% | 2,842 | $317K | Add +3.9% |
| CAH Cardinal Health Inc. | 0.07% | 2,276 | $314K | No change |
| CAT Caterpillar Inc. | 0.07% | 924 | $305K | Reduce -0.3% |
| SCHZ Schwab US Aggregate Bond ETF | 0.07% | 12,882 | $298K | Reduce -67.4% |
| SOFI Sofi Technologies Inc. | 0.06% | 24,406 | $284K | Add +4.3% |
| NTNX Nutanix Inc. Class A | 0.06% | 4,000 | $279K | No change |
| SRE Sempra | 0.06% | 3,912 | $279K | Reduce -5.5% |
| SHOP Shopify Inc. Class A | 0.06% | 2,713 | $259K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| SYLD Cambria Shareholder Yield Et | Reduce -82.9% | 0.70% | −3.57 |
| RSP Invesco S&P 500 Equal Weight | Reduce -27.1% | 9.47% | −3.29 |
| BSCR Invesco Bulletshares 2027 CB | Reduce -17.7% | 10.91% | −1.89 |
| SCHM Schwab US Mid Cap ETF | Reduce -22.7% | 3.75% | −1.23 |
| NVDA Nvidia Corp. | Reduce -1.7% | 3.00% | −0.67 |
| MSFT Microsoft Corp. | Reduce -20.8% | 1.05% | −0.40 |
| FTSM First Trust Enh Short Mat FD | Reduce -12.6% | 3.48% | −0.38 |
| AAPL Apple Inc. | Reduce -2.3% | 3.07% | −0.37 |
| SWK Stanley Black & Decker Inc. | Sold out | 0.00% | −0.28 |
| PLTR Palantir Technologies Inc. Class A | Reduce -33.6% | 0.81% | −0.25 |
| SCHX Schwab US Large-Cap ETF | Reduce -0.8% | 6.12% | −0.17 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.17 |
| SCHF Schwab Intl Equity ETF | Reduce -76.4% | 0.06% | −0.17 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -67.4% | 0.07% | −0.13 |
| GLW Corning Inc. | Reduce -23.1% | 0.33% | −0.10 |
| SHRY First Trust Shareholder YLD | Reduce -15.6% | 0.67% | −0.09 |
| IWY iShares Russell Top 200 Grow | Sold out | 0.00% | −0.07 |
| TBIL F/M US Treasury 3 Month Bill | Reduce -7.5% | 1.49% | −0.07 |
| LIN Linde PLC | Reduce -25.2% | 0.35% | −0.06 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -16.5% | 0.21% | −0.06 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.05 |
| BBY Best Buy Co. Inc. | Sold out | 0.00% | −0.05 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.05 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.05 |
| EIX Edison International | Reduce -10.5% | 0.09% | −0.04 |
| EEMO Invesco S&P Emerging Markets | Sold out | 0.00% | −0.04 |
| XOMO Yieldmax Xom Option Income | Sold out | 0.00% | −0.04 |
| WRB WR Berkley Corp. | Reduce -26.4% | 0.37% | −0.03 |
| VVR Invesco Senior Income Trust | Reduce -10.6% | 0.21% | −0.03 |
| V Visa Inc. Class A | Reduce -15.2% | 0.86% | −0.03 |
| META Meta Platforms Inc. Class A | Reduce -3.3% | 1.33% | −0.03 |
| GOOGL Alphabet Inc. Class A | Reduce -1.5% | 0.10% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.7% | 0.43% | −0.02 |
| SRE Sempra | Reduce -5.5% | 0.06% | −0.02 |
| AMD Advanced Micro Devices | Reduce -11.4% | 0.06% | −0.02 |
| DIS The Walt Disney Co. | Reduce -3.0% | 0.07% | −0.01 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -1.4% | 0.06% | −0.01 |
| XYLD Global X S&P 500 Cove Call E | Reduce -2.2% | 0.09% | −0.01 |
| CAT Caterpillar Inc. | Reduce -0.3% | 0.07% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -6.0% | 1.36% | −0.00 |
| PG The Procter & Gamble Co. | Reduce -8.4% | 0.05% | −0.00 |
| PEP Pepsico Inc. | Reduce -0.7% | 0.06% | +0.00 |
| GD General Dynamics Corp. | Reduce -3.8% | 0.08% | +0.00 |
| MKL Markel Group Inc. | Reduce -2.9% | 0.09% | +0.01 |
| JNJ Johnson & Johnson | Reduce -0.1% | 0.10% | +0.01 |
| ABBV Abbvie Inc. | Reduce -6.2% | 0.20% | +0.02 |
| XOM Exxon Mobil Corp. | Reduce -0.7% | 0.24% | +0.03 |
| GRW TCW Durable Growth ETF | Reduce -1.1% | 1.62% | +0.04 |
| VZ Verizon Communications Inc. | Reduce -0.7% | 0.34% | +0.05 |
| AMGN Amgen Inc. | Reduce -0.3% | 0.26% | +0.05 |
Portfolio Buys Q4 2024 → Q1 2025
| EWZ iShares MSCI Brazil ETF | New | 4.19% | +4.19 |
| XLG Invesco S&P 500 Top 50 ETF | New | 2.14% | +2.14 |
| XMMO Invesco S&P Midcap Momentum | Add +113.5% | 1.93% | +0.98 |
| AFLG First Trust Active Factor La | Add +134.5% | 1.55% | +0.89 |
| FIIG FT Intermed Dur Ig Corp. ETF | Add +57.8% | 2.18% | +0.86 |
| IWL iShares Russell Top 200 ETF | Add +103.7% | 1.72% | +0.86 |
| BSCS Invesco Bulletshares 2028 CB | New | 0.73% | +0.73 |
| EPOL iShares MSCI Poland ETF | New | 0.60% | +0.60 |
| FDL First Trust Morn DVD Lead Inc. | Add +15.1% | 2.31% | +0.50 |
| SPMO Invesco S&P 500 Momentum ETF | Add +144.9% | 0.77% | +0.46 |
| HCA HCA Healthcare Inc. | Add +113.2% | 0.40% | +0.24 |
| RING iShares MSCI Global Gold Min | New | 0.19% | +0.19 |
| EDIV State Street SPDR S&P Emergi | New | 0.13% | +0.13 |
| XLC SS Comm Select Sector SPDR | New | 0.13% | +0.13 |
| CEF Sprott Physical Gold and Sil | Add +129.3% | 0.19% | +0.12 |
| TIME Clockwise U.S. Core Equity E | New | 0.12% | +0.12 |
| CRPT FT Skybr Crypt & Dig Econ | New | 0.11% | +0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +30.3% | 0.25% | +0.09 |
| ULVM Victoryshares US Value Momen | Add +181.8% | 0.13% | +0.08 |
| YMAX Yieldmax Universe Fo in Etfs | New | 0.08% | +0.08 |
| CSM Proshares Large Cap Core Plu | Add +142.2% | 0.13% | +0.08 |
| LLY Eli Lilly & Co. | Add +46.5% | 0.18% | +0.07 |
| JPM JPMorgan Chase & Co. | Add +51.1% | 0.17% | +0.06 |
| UGI Ugi Corp. | New | 0.06% | +0.06 |
| SLV iShares Silver Trust | New | 0.05% | +0.05 |
| IVV iShares Core S&P 500 ETF | New | 0.05% | +0.05 |
| CTRA Coterra Energy Inc. | New | 0.05% | +0.05 |
| IVE iShares S&P 500 Value ETF | New | 0.05% | +0.05 |
| BRO Brown & Brown Inc. | New | 0.05% | +0.05 |
| SCHD Schwab US DVD Equity ETF | New | 0.05% | +0.05 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | New | 0.05% | +0.05 |
| VT Vanguard Tot World STK ETF | Add +3.5% | 0.88% | +0.04 |
| GLD SPDR Gold Shares | Add +6.5% | 0.15% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +53.6% | 0.14% | +0.03 |
| XBIL F/M US Treasury 6 Month Bill | Add +5.4% | 0.22% | +0.02 |
| T AT&T Inc. | Add +0.1% | 0.07% | +0.02 |
| CVX Chevron Corp. | Add +0.1% | 0.08% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +15.7% | 0.08% | +0.01 |
| CSCO Cisco Systems Inc. | Add +0.0% | 0.10% | +0.01 |
| F Ford Motor Co. | Add +8.2% | 0.04% | +0.01 |
| AOR iShares Core 60/40 Balanced | Add +0.9% | 0.05% | +0.00 |
| AVGO Broadcom Inc. | Add +36.0% | 0.18% | +0.00 |
| AGNC AGNC Investment Corp. | Add +0.1% | 0.03% | +0.00 |
| PRU Prudential Financial Inc. | Add +3.9% | 0.07% | +0.00 |
| ORCL Oracle Corp. | Add +16.1% | 0.08% | +0.00 |
| ACHV Achieve Life Sciences Inc. | Add +23.4% | 0.01% | −0.00 |
| MRK Merck & Co. Inc. | Add +0.1% | 0.08% | −0.01 |
| AMZN Amazon.com Inc. | Add +10.7% | 0.54% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.4% | 0.22% | −0.01 |
| SOFI Sofi Technologies Inc. | Add +4.3% | 0.06% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 144 | $561.6M | SCHB, BSCT, FDD, FIIG, IDMO |
| Q1 2026 | 136 | $520.9M | SCHB, BSCT, FDD, IDMO, SCHX |
| Q4 2025 | 136 | $534.7M | SCHB, BSCT, IDMO, FDD, SCHX |
| Q3 2025 | 130 | $499.7M | SCHB, BSCT, SCHX, FDD, BSCS |
| Q2 2025 | 121 | $477.8M | SCHB, BSCT, RSP, SCHX, FDD |
| Q1 2025 | 122 | $443.9M | SCHB, BSCR, RSP, SCHX, EWZ |
| Q4 2024 | 113 | $456.9M | SCHB, BSCR, RSP, SCHX, SCHM |
| Q3 2024 | 110 | $461.1M | SCHB, BSCR, RSP, SCHX, SYLD |
| Q2 2024 | 104 | $406.2M | SCHB, RSP, BSCR, FTSM, SCHX |
| Q1 2024 | 97 | $383.4M | RSP, SCHB, FTSM, SCHX, SYLD |