Professional Financial Management, Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 15, 2026), Professional Financial Management, Inc. reported 24 stock positions worth $98.6 million. Its top holding was Vanguard Long-Term Treasury (VGLT) at 16.4% of the portfolio, followed by Vaneck Junior Gold Miners (GDXJ, 8.6%) and Cambria Tail Risk ETF (TAIL, 8.4%). Compared with Q1 2026, it opened 3 new positions, sold out of 2, added to 10 and reduced 11. The biggest buy was a new position in Vanguard Intermediate-Term T (VGIT) and the biggest sale an exit from Simplify MBS ETF (MTBA).
- Most Recent 13F
- Q2 2026
- Location
- APPLETON, WI
- CIK
- 0002130270
- Portfolio Value
- $98.6M (Q2 2026)
- SEC Filing
- 0002130270-26-000003 ↗ filed Jul 15, 2026
Holdings Value
Holdings 24 stocks · $98.6M
| VGLT Vanguard Long-Term Treasury | 16.45% | 293,907 | $16.2M | Add +20.6% |
| GDXJ Vaneck Junior Gold Miners | 8.55% | 85,849 | $8.4M | Add +0.5% |
| TAIL Cambria Tail Risk ETF | 8.42% | 781,347 | $8.3M | Add +5.8% |
| EDV Vanguard Extended Dur Treas | 8.00% | 121,134 | $7.9M | Add +6.7% |
| VGIT Vanguard Intermediate-Term T | 7.13% | 119,119 | $7.0M | New |
| EYLD Cambria Emerg Shrhldr Yield | 6.89% | 149,520 | $6.8M | Reduce -28.9% |
| TBUX T Rowe Price Ultra Short-Ter | 5.18% | 102,592 | $5.1M | Add +73.9% |
| TLH iShares 10-20 Year Treasury | 4.99% | 49,059 | $4.9M | Reduce -1.1% |
| PXH Inves Rafi Emer MRKT-Usd Inc. | 4.56% | 161,390 | $4.5M | Add +9.6% |
| TUA Sim St Treas Fut Strat ETF filed as SIMPLIFY EXCHANGE TRADED FUN | 4.27% | 206,219 | $4.2M | Add +4.1% |
| SCHQ Schwab Long-Term US Treasury | 3.53% | 111,214 | $3.5M | Add +8.9% |
| IVOL Quadratic Int Rte Vol Infl H | 3.11% | 177,105 | $3.1M | Add +5.0% |
| SGOV iShares 0-3 Month Treasury B | 2.72% | 26,608 | $2.7M | Reduce -2.1% |
| NBH Neuberger Municipal Fund Inc. | 2.61% | 243,660 | $2.6M | Reduce -2.2% |
| RFMZ Rivernorth Flex Muni II | 2.49% | 179,932 | $2.5M | Reduce -2.2% |
| XPCQX PIMCO California Muni Inc. FD | 1.82% | 200,576 | $1.8M | Reduce -2.7% |
| MHD BlackRock Muniholdings Fund | 1.67% | 138,149 | $1.6M | Reduce -2.9% |
| MYI BlackRock Muniyield QLTY III | 1.56% | 138,060 | $1.5M | Reduce -7.2% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 1.49% | 55,917 | $1.5M | New |
| LEO BNY Mellon Strategic Muni | 1.36% | 207,157 | $1.3M | Reduce -5.6% |
| PNI PIMCO NY Muni Inc. II FND | 1.32% | 183,260 | $1.3M | Reduce -3.0% |
| RFM Rivernorth Flexible Muni | 0.96% | 64,360 | $951K | Reduce -1.0% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 0.59% | 14,582 | $579K | New |
| SCHR Schwab Intermediate-Term US | 0.35% | 14,135 | $349K | Add +38.3% |
Portfolio Sells Q1 2026 → Q2 2026
| MTBA Simplify MBS ETF | Sold out | 0.00% | −6.64 |
| EMXC iShares MSCI Emr MRK Ex Chna | Sold out | 0.00% | −2.49 |
| EYLD Cambria Emerg Shrhldr Yield | Reduce -28.9% | 6.89% | −2.18 |
| TLH iShares 10-20 Year Treasury | Reduce -1.1% | 4.99% | −0.21 |
| SGOV iShares 0-3 Month Treasury B | Reduce -2.1% | 2.72% | −0.13 |
| LEO BNY Mellon Strategic Muni | Reduce -5.6% | 1.36% | −0.08 |
| MYI BlackRock Muniyield QLTY III | Reduce -7.2% | 1.56% | −0.07 |
| PNI PIMCO NY Muni Inc. II FND | Reduce -3.0% | 1.32% | −0.03 |
| NBH Neuberger Municipal Fund Inc. | Reduce -2.2% | 2.61% | −0.03 |
| XPCQX PIMCO California Muni Inc. FD | Reduce -2.7% | 1.82% | −0.02 |
| MHD BlackRock Muniholdings Fund | Reduce -2.9% | 1.67% | −0.00 |
| RFM Rivernorth Flexible Muni | Reduce -1.0% | 0.96% | +0.02 |
| RFMZ Rivernorth Flex Muni II | Reduce -2.2% | 2.49% | +0.07 |
Portfolio Buys Q1 2026 → Q2 2026
| VGIT Vanguard Intermediate-Term T | New | 7.13% | +7.13 |
| VGLT Vanguard Long-Term Treasury | Add +20.6% | 16.45% | +2.40 |
| TBUX T Rowe Price Ultra Short-Ter | Add +73.9% | 5.18% | +2.12 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | New | 1.49% | +1.49 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | New | 0.59% | +0.59 |
| PXH Inves Rafi Emer MRKT-Usd Inc. | Add +9.6% | 4.56% | +0.44 |
| EDV Vanguard Extended Dur Treas | Add +6.7% | 8.00% | +0.32 |
| SCHQ Schwab Long-Term US Treasury | Add +8.9% | 3.53% | +0.19 |
| SCHR Schwab Intermediate-Term US | Add +38.3% | 0.35% | +0.09 |
| TUA Sim St Treas Fut Strat ETF | Add +4.1% | 4.27% | −0.08 |
| IVOL Quadratic Int Rte Vol Infl H | Add +5.0% | 3.11% | −0.18 |
| TAIL Cambria Tail Risk ETF | Add +5.8% | 8.42% | −0.58 |
| GDXJ Vaneck Junior Gold Miners | Add +0.5% | 8.55% | −2.12 |