Manchester Financial Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 29, 2025), Manchester Financial Inc. reported 121 stock positions worth $477.8 million. Its top holding was Schwab US Broad Market ETF (SCHB) at 17.6% of the portfolio, followed by Invesco Bulletshares 2029 CB (BSCT, 9.0%) and Invesco S&P 500 Equal Weight (RSP, 5.7%). Compared with Q1 2025, it opened 7 new positions, sold out of 8, added to 48 and reduced 45. The biggest buy was a new position in Invesco Bulletshares 2029 CB (BSCT) and the biggest sale Invesco Bulletshares 2027 CB (BSCR, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- Westlake Village, CA
- CIK
- 0000866590
- Portfolio Value
- $477.8M (Q2 2025)
- SEC Filing
- 0001172661-25-002768 ↗ filed Jul 29, 2025
Holdings Value
Holdings 121 stocks · $477.8M
| SCHB Schwab US Broad Market ETF | 17.61% | 3,530,639 | $84.1M | Add +0.9% |
| BSCT Invesco Bulletshares 2029 CB | 8.98% | 2,294,041 | $42.9M | New |
| RSP Invesco S&P 500 Equal Weight | 5.68% | 149,273 | $27.1M | Reduce -38.5% |
| SCHX Schwab US Large-Cap ETF | 5.51% | 1,076,569 | $26.3M | Reduce -12.5% |
| FDD First Trust Stoxx Europe | 4.50% | 1,382,182 | $21.5M | New |
| BSCS Invesco Bulletshares 2028 CB | 4.17% | 973,575 | $19.9M | Add +510.5% |
| NVDA Nvidia Corp. | 3.72% | 112,431 | $17.8M | Reduce -8.4% |
| IWL iShares Russell Top 200 ETF | 3.05% | 95,073 | $14.6M | Add +70.8% |
| AFLG First Trust Active Factor La | 2.98% | 392,758 | $14.3M | Add +92.7% |
| XMMO Invesco S&P Midcap Momentum | 2.80% | 103,962 | $13.4M | Add +38.0% |
| FTSM First Trust Enh Short Mat FD | 2.78% | 221,657 | $13.3M | Reduce -14.1% |
| AAPL Apple Inc. | 2.53% | 58,962 | $12.1M | Reduce -4.0% |
| FDL First Trust Morn DVD Lead Inc. | 2.37% | 270,639 | $11.3M | Add +14.6% |
| SCHM Schwab US Mid Cap ETF | 2.29% | 389,788 | $10.9M | Reduce -38.6% |
| FIIG FT Intermed Dur Ig Corp. ETF | 2.21% | 502,209 | $10.5M | Add +7.5% |
| SPMO Invesco S&P 500 Momentum ETF | 1.71% | 72,492 | $8.2M | Add +95.7% |
| GRW TCW Durable Growth ETF | 1.55% | 210,828 | $7.4M | Reduce -2.9% |
| META Meta Platforms Inc. Class A | 1.44% | 9,349 | $6.9M | Reduce -8.4% |
| TBIL F/M US Treasury 3 Month Bill | 1.34% | 128,424 | $6.4M | Reduce -3.2% |
| MSFT Microsoft Corp. | 1.27% | 12,198 | $6.1M | Reduce -1.9% |
| GRID First TRST Nasd Class Edg Sgiif | 1.24% | 42,575 | $5.9M | Reduce -1.5% |
| PLTR Palantir Technologies Inc. Class A | 1.20% | 41,898 | $5.7M | Reduce -1.9% |
| MMSC First Trust Multi-Manager SM | 1.19% | 275,405 | $5.7M | Reduce -1.6% |
| COST Costco Wholesale Corp. | 1.13% | 5,461 | $5.4M | Reduce -14.2% |
| VT Vanguard Tot World STK ETF | 0.94% | 34,888 | $4.5M | Add +3.8% |
| AMZN Amazon.com Inc. | 0.68% | 14,757 | $3.2M | Add +16.7% |
| EPOL iShares MSCI Poland ETF | 0.64% | 95,304 | $3.1M | Reduce -0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.63% | 4,834 | $3.0M | Add +40.8% |
| SHRY First Trust Shareholder YLD | 0.58% | 65,367 | $2.8M | Reduce -10.5% |
| V Visa Inc. Class A | 0.53% | 7,178 | $2.5M | Reduce -34.1% |
| NBSD Neuberger Short Duration Inc. | 0.45% | 42,432 | $2.2M | New |
| HCA HCA Healthcare Inc. | 0.40% | 4,946 | $1.9M | Reduce -4.2% |
| AVGO Broadcom Inc. | 0.39% | 6,680 | $1.8M | Add +39.3% |
| TSLA Tesla Inc. | 0.38% | 5,737 | $1.8M | Add +8.3% |
| IWV iShares Russell 3000 ETF | 0.37% | 5,051 | $1.8M | No change |
| SYLD Cambria Shareholder Yield Et | 0.37% | 27,050 | $1.8M | Reduce -44.4% |
| CRPT FT Skybr Crypt & Dig Econ | 0.34% | 70,506 | $1.6M | Add +69.8% |
| RING iShares MSCI Global Gold Min | 0.31% | 33,849 | $1.5M | Add +55.9% |
| VZ Verizon Communications Inc. | 0.31% | 33,739 | $1.5M | Add +0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.30% | 2,971 | $1.4M | Add +40.7% |
| CEF Sprott Physical Gold and Sil | 0.30% | 47,141 | $1.4M | Add +56.7% |
| JPM JPMorgan Chase & Co. | 0.29% | 4,702 | $1.4M | Add +54.6% |
| XLC SS Comm Select Sector SPDR | 0.25% | 11,199 | $1.2M | Add +86.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.25% | 4,068 | $1.2M | Reduce -12.4% |
| EDIV State Street SPDR S&P Emergi | 0.25% | 31,372 | $1.2M | Add +90.3% |
| LLY Eli Lilly & Co. | 0.25% | 1,503 | $1.2M | Add +58.0% |
| TIME Clockwise U.S. Core Equity E | 0.24% | 45,562 | $1.2M | Add +94.7% |
| ULVM Victoryshares US Value Momen | 0.24% | 13,566 | $1.2M | Add +93.6% |
| GOOG Alphabet Inc. Class C | 0.24% | 6,332 | $1.1M | Add +59.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.23% | 2,032 | $1.1M | Reduce -2.5% |
| AMGN Amgen Inc. | 0.22% | 3,730 | $1.0M | Add +0.1% |
| XBIL F/M US Treasury 6 Month Bill | 0.21% | 20,236 | $1.0M | Add +4.7% |
| XOM Exxon Mobil Corp. | 0.20% | 9,050 | $976K | Reduce -0.1% |
| CSM Proshares Large Cap Core Plu | 0.20% | 13,695 | $965K | Add +49.9% |
| LIN Linde PLC | 0.20% | 2,029 | $952K | Reduce -39.7% |
| FCAL First Trust California Munic | 0.20% | 19,420 | $932K | Reduce -8.1% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.18% | 11,626 | $854K | Reduce -50.1% |
| SCHW Schwab (charles) Corp. | 0.17% | 8,956 | $817K | Reduce -1.3% |
| ABBV Abbvie Inc. | 0.17% | 4,273 | $793K | Add +0.3% |
| QQQM Invesco Nasdaq 100 ETF | 0.16% | 3,315 | $753K | Reduce -32.9% |
| VVR Invesco Senior Income Trust | 0.16% | 196,028 | $745K | Reduce -22.9% |
| GLD SPDR Gold Shares | 0.15% | 2,376 | $724K | Add +6.1% |
| CI The Cigna Group | 0.15% | 2,142 | $708K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.15% | 2,324 | $706K | Reduce -0.2% |
| GOOGL Alphabet Inc. Class A | 0.14% | 3,891 | $686K | Add +38.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.14% | 5,269 | $653K | Add +63.2% |
| MA Mastercard Inc. Class A | 0.13% | 1,139 | $640K | No change |
| GLW Corning Inc. | 0.13% | 12,103 | $636K | Reduce -61.9% |
| BSCR Invesco Bulletshares 2027 CB | 0.11% | 27,952 | $549K | Reduce -98.9% |
| MAR Marriott International Class A | 0.11% | 2,003 | $547K | No change |
| YMAX Yieldmax Universe Fo in Etfs | 0.11% | 37,855 | $521K | Add +47.1% |
| MCD McDonald's Corp. | 0.10% | 1,693 | $495K | Add +6.5% |
| CSCO Cisco Systems Inc. | 0.10% | 7,032 | $488K | Reduce -0.9% |
| ORCL Oracle Corp. | 0.10% | 2,172 | $475K | Reduce -12.8% |
| VOO Vanguard S&P 500 ETF | 0.10% | 817 | $464K | Add +20.7% |
| SOFI Sofi Technologies Inc. | 0.09% | 24,406 | $444K | No change |
| MS Morgan Stanley | 0.09% | 3,043 | $429K | No change |
| XYLD Global X S&P 500 Cove Call E | 0.09% | 10,644 | $414K | Add +0.0% |
| KMB Kimberly-Clark Corp. | 0.09% | 3,174 | $409K | No change |
| AXP American Express Co. | 0.08% | 1,257 | $401K | No change |
| JNJ Johnson & Johnson | 0.08% | 2,625 | $401K | No change |
| MO Altria Group Inc. | 0.08% | 6,750 | $396K | Add +17.4% |
| MKL Markel Group Inc. | 0.08% | 198 | $395K | Reduce -2.9% |
| RTX RTX Corp. | 0.08% | 2,628 | $360K | No change |
| CAT Caterpillar Inc. | 0.07% | 924 | $359K | No change |
| GD General Dynamics Corp. | 0.07% | 1,225 | $357K | Reduce -3.0% |
| HD Home Depot Inc. | 0.07% | 974 | $357K | Add +2.3% |
| GILD Gilead Sciences Inc. | 0.07% | 3,212 | $356K | No change |
| EIX Edison International | 0.07% | 6,769 | $349K | Reduce -1.6% |
| T AT&T Inc. | 0.07% | 11,763 | $340K | Add +0.1% |
| AMD Advanced Micro Devices | 0.07% | 2,344 | $333K | Reduce -2.9% |
| SPG Simon Property Group Inc. | 0.07% | 2,021 | $325K | No change |
| SHOP Shopify Inc. Class A | 0.07% | 2,713 | $313K | No change |
| MRK Merck & Co. Inc. | 0.06% | 3,894 | $308K | Add +2.6% |
| CVX Chevron Corp. | 0.06% | 2,148 | $308K | Add +0.1% |
| NTNX Nutanix Inc. Class A | 0.06% | 4,000 | $306K | No change |
| PRU Prudential Financial Inc. | 0.06% | 2,796 | $300K | Reduce -1.6% |
| PFE Pfizer Inc. | 0.06% | 12,186 | $295K | Reduce -5.1% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.06% | 792 | $290K | No change |
| SRE Sempra | 0.06% | 3,818 | $289K | Reduce -2.4% |
Portfolio Sells Q1 2025 → Q2 2025
| BSCR Invesco Bulletshares 2027 CB | Reduce -98.9% | 0.11% | −10.79 |
| EWZ iShares MSCI Brazil ETF | Sold out | 0.00% | −4.19 |
| RSP Invesco S&P 500 Equal Weight | Reduce -38.5% | 5.68% | −3.79 |
| XLG Invesco S&P 500 Top 50 ETF | Sold out | 0.00% | −2.14 |
| SCHM Schwab US Mid Cap ETF | Reduce -38.6% | 2.29% | −1.46 |
| FTSM First Trust Enh Short Mat FD | Reduce -14.1% | 2.78% | −0.70 |
| SCHX Schwab US Large-Cap ETF | Reduce -12.5% | 5.51% | −0.62 |
| AAPL Apple Inc. | Reduce -4.0% | 2.53% | −0.54 |
| SYLD Cambria Shareholder Yield Et | Reduce -44.4% | 0.37% | −0.33 |
| V Visa Inc. Class A | Reduce -34.1% | 0.53% | −0.33 |
| COST Costco Wholesale Corp. | Reduce -14.2% | 1.13% | −0.22 |
| WRB WR Berkley Corp. | Reduce -50.1% | 0.18% | −0.19 |
| GLW Corning Inc. | Reduce -61.9% | 0.13% | −0.19 |
| LIN Linde PLC | Reduce -39.7% | 0.20% | −0.15 |
| TBIL F/M US Treasury 3 Month Bill | Reduce -3.2% | 1.34% | −0.15 |
| MMM 3M Co. | Sold out | 0.00% | −0.09 |
| SHRY First Trust Shareholder YLD | Reduce -10.5% | 0.58% | −0.09 |
| GRW TCW Durable Growth ETF | Reduce -2.9% | 1.55% | −0.07 |
| CAH Cardinal Health Inc. | Sold out | 0.00% | −0.07 |
| VVR Invesco Senior Income Trust | Reduce -22.9% | 0.16% | −0.06 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -32.9% | 0.16% | −0.06 |
| AOR iShares Core 60/40 Balanced | Sold out | 0.00% | −0.05 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.05 |
| BRO Brown & Brown Inc. | Sold out | 0.00% | −0.05 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -0.1% | 0.20% | −0.04 |
| FCAL First Trust California Munic | Reduce -8.1% | 0.20% | −0.04 |
| EIX Edison International | Reduce -1.6% | 0.07% | −0.02 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -19.0% | 0.05% | −0.02 |
| PFE Pfizer Inc. | Reduce -5.1% | 0.06% | −0.01 |
| IBM Intl Business Machines Corp. | Reduce -12.4% | 0.25% | −0.01 |
| PRU Prudential Financial Inc. | Reduce -1.6% | 0.06% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -0.8% | 0.04% | −0.01 |
| HCA HCA Healthcare Inc. | Reduce -4.2% | 0.40% | −0.01 |
| MKL Markel Group Inc. | Reduce -2.9% | 0.08% | −0.00 |
| GD General Dynamics Corp. | Reduce -3.0% | 0.07% | −0.00 |
| SRE Sempra | Reduce -2.4% | 0.06% | −0.00 |
| SCHF Schwab Intl Equity ETF | Reduce -6.4% | 0.06% | −0.00 |
| NFLX Netflix Inc. | Reduce -25.5% | 0.05% | −0.00 |
| ISRG Intuitive Surgical Inc. | Reduce -0.7% | 0.05% | +0.00 |
| CSCO Cisco Systems Inc. | Reduce -0.9% | 0.10% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.2% | 0.15% | +0.00 |
| SCHW Schwab (charles) Corp. | Reduce -1.3% | 0.17% | +0.01 |
| AMD Advanced Micro Devices | Reduce -2.9% | 0.07% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -2.5% | 0.23% | +0.01 |
| ORCL Oracle Corp. | Reduce -12.8% | 0.10% | +0.02 |
| EPOL iShares MSCI Poland ETF | Reduce -0.5% | 0.64% | +0.04 |
| MMSC First Trust Multi-Manager SM | Reduce -1.6% | 1.19% | +0.04 |
| META Meta Platforms Inc. Class A | Reduce -8.4% | 1.44% | +0.12 |
| GRID First TRST Nasd Class Edg Sgiif | Reduce -1.5% | 1.24% | +0.14 |
Portfolio Buys Q1 2025 → Q2 2025
| BSCT Invesco Bulletshares 2029 CB | New | 8.98% | +8.98 |
| FDD First Trust Stoxx Europe | New | 4.50% | +4.50 |
| BSCS Invesco Bulletshares 2028 CB | Add +510.5% | 4.17% | +3.44 |
| AFLG First Trust Active Factor La | Add +92.7% | 2.98% | +1.44 |
| IWL iShares Russell Top 200 ETF | Add +70.8% | 3.05% | +1.32 |
| SPMO Invesco S&P 500 Momentum ETF | Add +95.7% | 1.71% | +0.93 |
| XMMO Invesco S&P Midcap Momentum | Add +38.0% | 2.80% | +0.87 |
| SCHB Schwab US Broad Market ETF | Add +0.9% | 17.61% | +0.63 |
| NBSD Neuberger Short Duration Inc. | New | 0.45% | +0.45 |
| CRPT FT Skybr Crypt & Dig Econ | Add +69.8% | 0.34% | +0.23 |
| AVGO Broadcom Inc. | Add +39.3% | 0.39% | +0.20 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +40.8% | 0.63% | +0.19 |
| AMZN Amazon.com Inc. | Add +16.7% | 0.68% | +0.14 |
| XLC SS Comm Select Sector SPDR | Add +86.0% | 0.25% | +0.12 |
| TIME Clockwise U.S. Core Equity E | Add +94.7% | 0.24% | +0.12 |
| RING iShares MSCI Global Gold Min | Add +55.9% | 0.31% | +0.12 |
| EDIV State Street SPDR S&P Emergi | Add +90.3% | 0.25% | +0.12 |
| JPM JPMorgan Chase & Co. | Add +54.6% | 0.29% | +0.12 |
| ULVM Victoryshares US Value Momen | Add +93.6% | 0.24% | +0.12 |
| CEF Sprott Physical Gold and Sil | Add +56.7% | 0.30% | +0.10 |
| GOOG Alphabet Inc. Class C | Add +59.9% | 0.24% | +0.10 |
| TSLA Tesla Inc. | Add +8.3% | 0.38% | +0.07 |
| CSM Proshares Large Cap Core Plu | Add +49.9% | 0.20% | +0.07 |
| LLY Eli Lilly & Co. | Add +58.0% | 0.25% | +0.07 |
| DIS The Walt Disney Co. | Add +63.2% | 0.14% | +0.07 |
| FDL First Trust Morn DVD Lead Inc. | Add +14.6% | 2.37% | +0.06 |
| VT Vanguard Tot World STK ETF | Add +3.8% | 0.94% | +0.06 |
| ETN Eaton Corp. PLC | New | 0.05% | +0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +40.7% | 0.30% | +0.05 |
| IWY iShares Russell Top 200 Grow | New | 0.05% | +0.05 |
| MNDY Monday.com Ltd. | New | 0.05% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +38.9% | 0.14% | +0.05 |
| NOW ServiceNow Inc. | New | 0.05% | +0.05 |
| YMAX Yieldmax Universe Fo in Etfs | Add +47.1% | 0.11% | +0.03 |
| FIIG FT Intermed Dur Ig Corp. ETF | Add +7.5% | 2.21% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +20.7% | 0.10% | +0.02 |
| IVV iShares Core S&P 500 ETF | Add +12.5% | 0.05% | +0.01 |
| ACHV Achieve Life Sciences Inc. | Add +90.8% | 0.02% | +0.01 |
| GLD SPDR Gold Shares | Add +6.1% | 0.15% | +0.01 |
| MO Altria Group Inc. | Add +17.4% | 0.08% | +0.01 |
| SLV iShares Silver Trust | Add +11.6% | 0.06% | +0.00 |
| F Ford Motor Co. | Add +0.0% | 0.05% | +0.00 |
| TJX TJX Companies Inc. | Add +0.1% | 0.05% | −0.00 |
| AGNC AGNC Investment Corp. | Add +0.5% | 0.03% | −0.00 |
| T AT&T Inc. | Add +0.1% | 0.07% | −0.00 |
| HD Home Depot Inc. | Add +2.3% | 0.07% | −0.00 |
| XBIL F/M US Treasury 6 Month Bill | Add +4.7% | 0.21% | −0.01 |
| XYLD Global X S&P 500 Cove Call E | Add +0.0% | 0.09% | −0.01 |
| MCD McDonald's Corp. | Add +6.5% | 0.10% | −0.01 |
| PEP Pepsico Inc. | Add +3.2% | 0.05% | −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 |