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

0$200.0M$400.0M$600.0M Q1 2024: $383.4M Q1 2024 Q2 2024: $406.2M Q2 2024 Q3 2024: $461.1M Q3 2024 Q4 2024: $456.9M Q4 2024 Q1 2025: $443.9M $443.9M Q1 2025 Q2 2025: $477.8M Q2 2025 Q3 2025: $499.7M Q3 2025 Q4 2025: $534.7M Q4 2025 Q1 2026: $520.9M Q1 2026 Q2 2026: $561.6M Q2 2026

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
SCHF Schwab Intl Equity ETF 0.06% 12,982 $257K Reduce -76.4%
PEP Pepsico Inc. 0.06% 1,670 $250K Reduce -0.7%
UGI Ugi Corp. 0.06% 7,518 $249K New
AMD Advanced Micro Devices 0.06% 2,415 $248K Reduce -11.4%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.06% 792 $245K Reduce -1.4%
AOR iShares Core 60/40 Balanced 0.05% 4,146 $239K Add +0.9%
ENB Enbridge Inc. 0.05% 5,151 $228K No change
PG The Procter & Gamble Co. 0.05% 1,313 $224K Reduce -8.4%
NFLX Netflix Inc. 0.05% 239 $223K No change
SLV iShares Silver Trust 0.05% 7,178 $222K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.05% 1,761 $215K No change
IVV iShares Core S&P 500 ETF 0.05% 375 $211K New
ISRG Intuitive Surgical Inc. 0.05% 425 $210K No change
CTRA Coterra Energy Inc. 0.05% 7,253 $210K New
IVE iShares S&P 500 Value ETF 0.05% 1,091 $208K New
BRO Brown & Brown Inc. 0.05% 1,625 $202K New
SCHD Schwab US DVD Equity ETF 0.05% 7,218 $202K New
MGV Vngrd Mrgstr MG CP VL ETF-Ui 0.05% 1,557 $201K New
SCHK Schwab 1000 Index ETF 0.05% 7,450 $201K No change
F Ford Motor Co. filed as FORD MTR CO 0.04% 19,867 $199K Add +8.2%
AGNC AGNC Investment Corp. 0.03% 13,191 $126K Add +0.1%
ACHV Achieve Life Sciences Inc. 0.01% 24,224 $65K Add +23.4%

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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 144$561.6MSCHB, BSCT, FDD, FIIG, IDMO
Q1 2026 136$520.9MSCHB, BSCT, FDD, IDMO, SCHX
Q4 2025 136$534.7MSCHB, BSCT, IDMO, FDD, SCHX
Q3 2025 130$499.7MSCHB, BSCT, SCHX, FDD, BSCS
Q2 2025 121$477.8MSCHB, BSCT, RSP, SCHX, FDD
Q1 2025 122$443.9MSCHB, BSCR, RSP, SCHX, EWZ
Q4 2024 113$456.9MSCHB, BSCR, RSP, SCHX, SCHM
Q3 2024 110$461.1MSCHB, BSCR, RSP, SCHX, SYLD
Q2 2024 104$406.2MSCHB, RSP, BSCR, FTSM, SCHX
Q1 2024 97$383.4MRSP, SCHB, FTSM, SCHX, SYLD