Sherman Asset Management, Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 14, 2025), Sherman Asset Management, Inc. reported 152 stock positions worth $104.7 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 18.6% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 9.3%) and iShares Core S&P Small-Cap E (IJR, 7.3%). Compared with Q4 2024, it opened 4 new positions, sold out of 28, added to 28 and reduced 44. The biggest buy was a new position in Broadcom (AVGO) and the biggest sale Eli Lilly (LLY, shares −86%).

Most Recent 13F
Q2 2026
Location
VENTURA, CA
CIK
0001736535
Portfolio Value
$104.7M (Q1 2025)
SEC Filing
0001736535-25-000003 ↗ filed Apr 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q4 2024: $109.3M Q4 2024 Q1 2025: $104.7M $104.7M Q1 2025 Q2 2025: $112.8M Q2 2025 Q3 2025: $115.9M Q3 2025 Q4 2025: $118.1M Q4 2025 Q1 2026: $108.7M Q1 2026 Q2 2026: $128.9M Q2 2026

Holdings 152 stocks · $104.7M
IVV iShares Core S&P 500 ETF 18.59% 34,633 $19.5M Add +3.8%
VTI VG Morningstar TS MKT ETF-US 9.33% 35,538 $9.8M Add +2.3%
IJR iShares Core S&P Small-Cap E 7.28% 72,878 $7.6M Reduce -1.3%
XLK SS Technology Select Sector 6.05% 30,678 $6.3M Add +2.0%
AVGO Broadcom Inc. 3.81% 23,800 $4.0M New
AAPL Apple Inc. 3.17% 14,939 $3.3M Add +2.7%
META Meta Platforms Inc. Class A 3.07% 5,573 $3.2M Reduce -0.1%
MSFT Microsoft Corp. 2.86% 7,987 $3.0M Reduce -0.1%
GOOGL Alphabet Inc. Class A 2.83% 19,139 $3.0M Reduce -0.0%
BND Vanguard Total Bond Market 2.78% 39,646 $2.9M Add +4.3%
SPSM SS SPDR P S&P 600 Small Cap 2.53% 64,974 $2.6M Add +9.0%
VEA Vanguard Ftse Developed ETF 2.47% 50,917 $2.6M Reduce -1.0%
CIBR First Trust Nasdaq Cybersecu 2.39% 39,769 $2.5M Add +2.8%
IJH iShares Core S&P Midcap ETF 2.00% 35,855 $2.1M Reduce -14.7%
SPDW Ste STR SPDR PT DW Eu ETF 1.74% 50,138 $1.8M Add +5.5%
VNQ Vanguard Real Estate ETF 1.56% 17,992 $1.6M Reduce -4.2%
AMZN Amazon.com Inc. 1.52% 8,363 $1.6M Reduce -0.1%
SCHP Schwab U.S. Tips ETF 1.28% 50,014 $1.3M Add +9.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd 1.19% 4,808 $1.2M Add +370.9%
TSLA Tesla Inc. 0.98% 3,966 $1.0M Add +9.6%
SCHO Schwab Short-Term US Treas 0.89% 38,357 $934K Add +10.6%
COST Costco Wholesale Corp. 0.83% 918 $868K No change
NVDA Nvidia Corp. 0.80% 7,701 $835K Add +10.8%
TSM Taiwan Semiconductor-SP ADR 0.76% 4,788 $795K No change
KOMP SS SPDR S&P Kensho Ne Comp 0.71% 15,990 $743K Add +9.9%
XLV SS Health Care Select Sector 0.71% 5,074 $741K Reduce -12.9%
LLY Eli Lilly & Co. 0.68% 865 $715K Reduce -85.6%
MA Mastercard Inc. Class A 0.66% 1,265 $693K Reduce -0.2%
XBI SS SPDR S&P Biotech ETF 0.65% 8,391 $681K Add +15.8%
WMT Walmart Inc. 0.65% 7,743 $680K Add +3.4%
V Visa Inc. Class A 0.62% 1,847 $647K Add +4.2%
MCD McDonald's Corp. 0.60% 2,010 $628K Add +4.4%
XLP SS Consumer Staples Sel Sect 0.47% 5,971 $488K Reduce -13.1%
XLC SS Comm Select Sector SPDR 0.45% 4,844 $467K Reduce -19.2%
PG The Procter & Gamble Co. 0.44% 2,674 $456K Add +5.7%
XLF SS Financial Select Sector 0.42% 8,900 $443K Reduce -14.9%
ESGU iShares ESG Aware MSCI USA 0.41% 3,502 $427K Add +1.0%
JNJ Johnson & Johnson 0.40% 2,493 $413K Reduce -0.2%
XLY SS Consumer Disc Select Sect 0.39% 2,077 $410K Reduce -15.3%
SUSA iShares ESG Optimized MSCI U 0.37% 3,404 $391K No change
ESGD iShares Trust iShares ESG Aw 0.35% 4,500 $368K Reduce -3.0%
FLOT iShares Floating Rate Bond E 0.34% 7,056 $360K Add +19.1%
SBUX Starbucks Corp. 0.29% 3,140 $308K Reduce -0.3%
ABT Abbott Laboratories 0.28% 2,212 $293K Reduce -0.3%
XLRE SS Real Estate Select Sector 0.27% 6,855 $287K No change
CYBR Cyberark Software Ltd./Israel 0.27% 847 $286K No change
KO The Coca-Cola Co. 0.23% 3,417 $245K Reduce -0.4%
SPYG SS SPDR P S&P 500 Growth ETF 0.23% 3,005 $242K Reduce -4.3%
SCHM Schwab US Mid Cap ETF 0.23% 9,189 $241K Reduce -43.8%
NFLX Netflix Inc. 0.22% 249 $232K No change
XHE SS SPDR S&P HC Equip ETF 0.22% 2,783 $229K Add +59.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.21% 2,232 $220K No change
AMGN Amgen Inc. 0.21% 695 $217K No change
GILD Gilead Sciences Inc. 0.21% 1,920 $215K Reduce -0.6%
WM Waste Management Inc. 0.20% 883 $205K No change
CRPT FT Skybr Crypt & Dig Econ 0.19% 16,636 $203K Add +9.1%
XSW SS SPDR S&P Soft & Serv ETF 0.19% 1,262 $202K Add +42.1%
CMF iShares California Muni Bond 0.19% 3,563 $201K No change
VGT Vanguard Info Tech ETF 0.18% 354 $192K New
PEP Pepsico Inc. 0.17% 1,209 $181K Reduce -0.5%
MRK Merck & Co. Inc. 0.17% 1,965 $176K Reduce -0.5%
BMY Bristol-Myers Squibb Co. 0.17% 2,849 $174K Reduce -0.4%
WTAI Wisdomtree AI and Innovation 0.16% 9,075 $172K Add +0.4%
TGT Target Corp. 0.16% 1,566 $163K No change
UBER Uber Technologies Inc. 0.16% 2,232 $163K No change
ORCL Oracle Corp. 0.15% 1,125 $157K Reduce -0.8%
PLD Prologis Inc. 0.14% 1,329 $149K No change
JPM JPMorgan Chase & Co. 0.13% 570 $140K Reduce -1.0%
BRK.B Berkshire Hathaway Inc. Class B 0.13% 260 $138K No change
UNH Unitedhealth Group Inc. 0.13% 260 $136K Reduce -41.2%
MS Morgan Stanley 0.13% 1,162 $136K Reduce -0.7%
HLT Hilton Worldwide Holdings Inc. 0.13% 594 $135K No change
SPTM SS SPDR P S&P 1500 Comp ETF 0.13% 1,973 $134K No change
TMO Thermo Fisher Scientific Inc. 0.13% 266 $132K No change
YUM Yum! Brands Inc. 0.13% 832 $131K No change
VZ Verizon Communications Inc. 0.12% 2,793 $127K Reduce -0.6%
WFC Wells Fargo & Co. 0.12% 1,729 $124K No change
PFE Pfizer Inc. 0.12% 4,833 $122K Reduce -0.4%
VTV Vanguard Mrngstr Val ETF-Aui 0.12% 707 $122K Add +0.3%
GS Goldman Sachs Group Inc. 0.11% 219 $120K No change
SCHW Schwab (charles) Corp. 0.11% 1,512 $118K No change
QQQ Invesco QQQ Trust Series 1 0.11% 252 $118K No change
BATT Amplify Lithium Battery Tech 0.11% 14,135 $118K Add +133.5%
EQIX Equinix Inc. 0.11% 143 $117K No change
AVB Avalonbay Communities Inc. 0.11% 528 $113K No change
MAA Mid-America Apartment Comm 0.11% 663 $111K No change
BLK BlackRock Inc. 0.11% 117 $111K No change
T AT&T Inc. 0.11% 3,897 $110K Reduce -1.1%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.10% 1,505 $108K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.10% 2,546 $106K Reduce -0.9%
C Citigroup Inc. 0.10% 1,482 $105K Reduce -1.0%
KR Kroger Co. 0.10% 1,507 $102K No change
PSA Public Storage 0.10% 338 $101K No change
CMCSA Comcast Corp. Class A 0.10% 2,727 $101K Reduce -0.6%
AMT American Tower Corp. 0.09% 439 $96K No change
DOC Healthpeak Properties Inc. 0.09% 4,630 $94K No change
EXR Extra Space Storage Inc. 0.09% 626 $93K No change
CRM Salesforce Inc. 0.09% 333 $89K No change
SBAC SBA Communications Corp. 0.07% 357 $79K No change
CSCO Cisco Systems Inc. 0.07% 1,267 $78K Reduce -1.2%

Show all 152 holdings

Portfolio Sells Q4 2024 → Q1 2025
LLY Eli Lilly & Co. Reduce -85.6% 0.68% −3.57
SPY SS SPDR S&P 500 ETF Trust-US Reduce -96.7% 0.03% −0.93
IJR iShares Core S&P Small-Cap E Reduce -1.3% 7.28% −0.50
GOOGL Alphabet Inc. Class A Reduce -0.0% 2.83% −0.49
IJH iShares Core S&P Midcap ETF Reduce -14.7% 2.00% −0.40
VANGUARD FTSE EMERGING MARKETS ETF Sold out 0.00% −0.35
MSFT Microsoft Corp. Reduce -0.1% 2.86% −0.22
SCHM Schwab US Mid Cap ETF Reduce -43.8% 0.23% −0.18
AMZN Amazon.com Inc. Reduce -0.1% 1.52% −0.16
XLY SS Consumer Disc Select Sect Reduce -15.3% 0.39% −0.11
XLC SS Comm Select Sector SPDR Reduce -19.2% 0.45% −0.08
UNH Unitedhealth Group Inc. Reduce -41.2% 0.13% −0.07
XYZ Block Inc. Reduce -44.5% 0.03% −0.05
XLF SS Financial Select Sector Reduce -14.9% 0.42% −0.04
XLP SS Consumer Staples Sel Sect Reduce -13.1% 0.47% −0.03
XLV SS Health Care Select Sector Reduce -12.9% 0.71% −0.03
ORCL Oracle Corp. Reduce -0.8% 0.15% −0.02
SPYG SS SPDR P S&P 500 Growth ETF Reduce -4.3% 0.23% −0.02
BLMN Bloomin' Brands Inc. Sold out 0.00% −0.02
LUV Southwest Airlines Co. Sold out 0.00% −0.02
MRK Merck & Co. Inc. Reduce -0.5% 0.17% −0.01
WHR Whirlpool Corp. Sold out 0.00% −0.01
ESML iShares ESG Aware MSCI USA S Reduce -8.6% 0.05% −0.01
MS Morgan Stanley Reduce -0.7% 0.13% −0.01
VOO Vanguard S&P 500 ETF Reduce -8.3% 0.04% −0.00
BAC Bank of America Corp. Reduce -0.9% 0.10% −0.00
SOLV Solventum Corp. Sold out 0.00% −0.00
BNY Bank of New York Mellon Corp. Sold out 0.00% −0.00
IBM Intl Business Machines Corp. Sold out 0.00% −0.00
TMUS T-Mobile US Inc. Sold out 0.00% −0.00
GE General Electric Sold out 0.00% −0.00
ABBV Abbvie Inc. Sold out 0.00% −0.00
GM General Motors Co. Sold out 0.00% −0.00
AIG American International Group Sold out 0.00% −0.00
MET Metlife Inc. Sold out 0.00% −0.00
SPG Simon Property Group Inc. Sold out 0.00% −0.00
DUK Duke Energy Corp. Sold out 0.00% −0.00
EMR Emerson Electric Co. Sold out 0.00% −0.00
NEE Nextera Energy Inc. Sold out 0.00% −0.00
PFE Pfizer Inc. Reduce -0.4% 0.12% −0.00
QCOM Qualcomm Inc. Sold out 0.00% −0.00
USB US Bancorp Sold out 0.00% −0.00
DD Dupont DE Nemours Inc. Sold out 0.00% −0.00
MDT Medtronic PLC Sold out 0.00% −0.00
DOW Dow Inc. Sold out 0.00% −0.00
F Ford Motor Co. Sold out 0.00% −0.00
WBD Warner Bros Discovery Inc. Sold out 0.00% −0.00
GEV GE Vernova Inc. Sold out 0.00% −0.00
INTC Intel Corp. Sold out 0.00% −0.00
WBA Walgreens Boots Alliance Inc. Sold out 0.00% −0.00

Portfolio Buys Q4 2024 → Q1 2025
AVGO Broadcom Inc. New 3.81% +3.81
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +370.9% 1.19% +0.94
IVV iShares Core S&P 500 ETF Add +3.8% 18.59% +0.62
BND Vanguard Total Bond Market Add +4.3% 2.78% +0.28
SPDW Ste STR SPDR PT DW Eu ETF Add +5.5% 1.74% +0.26
SCHP Schwab U.S. Tips ETF Add +9.5% 1.28% +0.21
VGT Vanguard Info Tech ETF New 0.18% +0.18
CIBR First Trust Nasdaq Cybersecu Add +2.8% 2.39% +0.15
SCHO Schwab Short-Term US Treas Add +10.6% 0.89% +0.13
VTI VG Morningstar TS MKT ETF-US Add +2.3% 9.33% +0.12
V Visa Inc. Class A Add +4.2% 0.62% +0.11
MCD McDonald's Corp. Add +4.4% 0.60% +0.09
SPSM SS SPDR P S&P 600 Small Cap Add +9.0% 2.53% +0.08
XHE SS SPDR S&P HC Equip ETF Add +59.9% 0.22% +0.08
FLOT iShares Floating Rate Bond E Add +19.1% 0.34% +0.07
BATT Amplify Lithium Battery Tech Add +133.5% 0.11% +0.06
XBI SS SPDR S&P Biotech ETF Add +15.8% 0.65% +0.05
PG The Procter & Gamble Co. Add +5.7% 0.44% +0.05
XSW SS SPDR S&P Soft & Serv ETF Add +42.1% 0.19% +0.04
KOMP SS SPDR S&P Kensho Ne Comp Add +9.9% 0.71% +0.03
WMT Walmart Inc. Add +3.4% 0.65% +0.03
IUSV iShares Core S&P U.S. Value New 0.02% +0.02
ABNB Airbnb Inc. Class A Add +44.0% 0.07% +0.02
IUSG iShares Core S&P U.S. Growth New 0.01% +0.01
VTV Vanguard Mrngstr Val ETF-Aui Add +0.3% 0.12% +0.01
ESGU iShares ESG Aware MSCI USA Add +1.0% 0.41% −0.00
WTAI Wisdomtree AI and Innovation Add +0.4% 0.16% −0.02
CRPT FT Skybr Crypt & Dig Econ Add +9.1% 0.19% −0.04
NVDA Nvidia Corp. Add +10.8% 0.80% −0.06
AAPL Apple Inc. Add +2.7% 3.17% −0.16
XLK SS Technology Select Sector Add +2.0% 6.05% −0.35
TSLA Tesla Inc. Add +9.6% 0.98% −0.36

Notes & Other Activity Q4 2024 → Q1 2025
BIL SS SPDR BB 1-3M T-Bill ETF ST STR BLO 1 ETF Sold out 0 $0before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 136$128.9MIVV, VTI, XLK, IJR, GOOGL
Q1 2026 154$108.7MIVV, VTI, IJR, XLK, GOOGL
Q4 2025 144$118.1MIVV, VTI, IJR, XLK, GOOGL
Q3 2025 143$115.9MIVV, VTI, IJR, XLK, GOOGL
Q2 2025 146$112.8MIVV, VTI, IJR, XLK, TSLA
Q1 2025 152$104.7MIVV, VTI, IJR, XLK, AVGO
Q4 2024 176$109.3MIVV, VTI, IJR, XLK, LLY