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

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 Q1 2025 Q2 2025: $477.8M $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 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%
UGI Ugi Corp. 0.06% 7,518 $274K No change
SCHF Schwab Intl Equity ETF 0.06% 12,147 $268K Reduce -6.4%
SLV iShares Silver Trust 0.06% 8,010 $263K Add +11.6%
IVV iShares Core S&P 500 ETF 0.05% 422 $262K Add +12.5%
ETN Eaton Corp. PLC 0.05% 731 $261K New
SCHZ Schwab US Aggregate Bond ETF 0.05% 10,430 $242K Reduce -19.0%
NFLX Netflix Inc. 0.05% 178 $238K Reduce -25.5%
ENB Enbridge Inc. 0.05% 5,151 $233K No change
IWY iShares Russell Top 200 Grow 0.05% 934 $230K New
ISRG Intuitive Surgical Inc. 0.05% 422 $229K Reduce -0.7%
PEP Pepsico Inc. 0.05% 1,724 $228K Add +3.2%
MNDY Monday.com Ltd. 0.05% 722 $227K New
SCHK Schwab 1000 Index ETF 0.05% 7,450 $222K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.05% 1,762 $218K Add +0.1%
NOW ServiceNow Inc. 0.05% 210 $216K New
F Ford Motor Co. filed as FORD MTR CO 0.05% 19,874 $216K Add +0.0%
IVE iShares S&P 500 Value ETF 0.04% 1,091 $213K No change
PG The Procter & Gamble Co. 0.04% 1,303 $208K Reduce -0.8%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 0.04% 1,557 $204K No change
AGNC AGNC Investment Corp. 0.03% 13,261 $122K Add +0.5%
ACHV Achieve Life Sciences Inc. 0.02% 46,224 $104K Add +90.8%

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

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