Sherman Asset Management, Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 5, 2026), Sherman Asset Management, Inc. reported 144 stock positions worth $118.1 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 19.0% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 10.1%) and iShares Core S&P Small-Cap E (IJR, 7.0%). Compared with Q3 2025, it opened 5 new positions, sold out of 4, added to 30 and reduced 24. The biggest buy was Alphabet Class A (GOOGL, shares +13%) and the biggest sale Oracle (ORCL, shares −93%).

Most Recent 13F
Q2 2026
Location
VENTURA, CA
CIK
0001736535
Portfolio Value
$118.1M (Q4 2025)
SEC Filing
0001736535-26-000001 ↗ filed Feb 5, 2026

Holdings Value

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

Holdings 144 stocks · $118.1M
IVV iShares Core S&P 500 ETF 18.99% 32,749 $22.4M Add +0.7%
VTI VG Morningstar TS MKT ETF-US 10.09% 35,525 $11.9M Add +2.2%
IJR iShares Core S&P Small-Cap E 7.01% 68,917 $8.3M Reduce -4.9%
XLK SS Technology Select Sector 6.91% 56,670 $8.2M Reduce -4.0%
GOOGL Alphabet Inc. Class A 5.67% 21,382 $6.7M Add +12.6%
AAPL Apple Inc. 3.18% 13,813 $3.8M Reduce -7.5%
MSFT Microsoft Corp. 2.99% 7,300 $3.5M Reduce -7.2%
META Meta Platforms Inc. Class A 2.87% 5,137 $3.4M No change
BND Vanguard Total Bond Market 2.72% 43,443 $3.2M Add +8.7%
CIBR First Trust Nasdaq Cybersecu 2.24% 37,020 $2.6M Reduce -0.0%
TSLA Tesla Inc. 2.00% 5,241 $2.4M Add +32.1%
IJH iShares Core S&P Midcap ETF 1.99% 35,646 $2.4M No change
SPDW Ste STR SPDR PT DW Eu ETF 1.82% 48,370 $2.1M Reduce -2.8%
VNQ Vanguard Real Estate ETF 1.73% 23,144 $2.0M Add +7.9%
AMZN Amazon.com Inc. 1.63% 8,363 $1.9M No change
SPSM SS SPDR P S&P 600 Small Cap 1.52% 38,321 $1.8M Reduce -3.2%
TSM Taiwan Semiconductor-SP ADR 1.23% 4,788 $1.5M Add +0.0%
SCHP Schwab U.S. Tips ETF 1.23% 54,669 $1.4M Add +9.4%
SPY SS SPDR S&P 500 ETF Trust-US 1.11% 1,920 $1.3M Add +3100.0%
XLY SS Consumer Disc Select Sect 0.96% 9,509 $1.1M Add +0.1%
XLV SS Health Care Select Sector 0.89% 6,826 $1.1M Add +8.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.88% 4,510 $1.0M Reduce -0.1%
IWM iShares Russell 2000 ETF 0.87% 4,170 $1.0M New
SCHO Schwab Short-Term US Treas 0.82% 39,861 $971K Add +5.8%
LLY Eli Lilly & Co. 0.79% 865 $930K No change
WMT Walmart Inc. 0.73% 7,743 $863K No change
XLF SS Financial Select Sector 0.71% 15,399 $843K Add +0.1%
CSCO Cisco Systems Inc. 0.69% 10,567 $814K Add +734.0%
COST Costco Wholesale Corp. 0.67% 918 $791K Add +0.1%
ADBE Adobe Inc. 0.60% 2,027 $709K Add +7407.4%
VEA Vanguard Ftse Developed ETF 0.59% 11,125 $695K Reduce -10.2%
HOOD Robinhood Markets Inc. Class A 0.57% 6,000 $679K New
PLTR Palantir Technologies Inc. Class A 0.57% 3,800 $675K New
ESGV Vanguard ESG US Stock ETF 0.56% 5,453 $660K Add +70.4%
MA Mastercard Inc. Class A 0.55% 1,137 $649K Add +0.1%
NVDA Nvidia Corp. 0.54% 3,433 $640K Reduce -31.5%
MCD McDonald's Corp. 0.52% 2,010 $614K Add +0.1%
V Visa Inc. Class A 0.49% 1,640 $575K No change
XLC SS Comm Select Sector SPDR 0.48% 4,844 $570K No change
ESGU iShares ESG Aware MSCI USA 0.47% 3,751 $559K Add +1.1%
XLP SS Consumer Staples Sel Sect 0.45% 6,904 $536K Add +15.6%
ESGD iShares Trust iShares ESG Aw 0.36% 4,427 $421K Add +9.3%
FLOT iShares Floating Rate Bond E 0.32% 7,539 $383K Add +7.4%
SPYG SS SPDR P S&P 500 Growth ETF 0.30% 3,374 $360K Add +6.8%
JNJ Johnson & Johnson 0.26% 1,466 $303K No change
CYBR Cyberark Software Ltd./Israel 0.25% 660 $294K No change
XBI SS SPDR S&P Biotech ETF 0.24% 2,346 $286K Reduce -23.9%
SCHM Schwab US Mid Cap ETF 0.22% 8,784 $264K No change
KO The Coca-Cola Co. 0.20% 3,417 $239K Add +0.0%
GILD Gilead Sciences Inc. 0.20% 1,920 $236K No change
AMGN Amgen Inc. 0.19% 695 $227K No change
CMF iShares California Muni Bond 0.18% 3,744 $215K No change
KOMP SS SPDR S&P Kensho Ne Comp 0.18% 3,494 $209K Reduce -33.6%
MS Morgan Stanley 0.17% 1,162 $206K No change
CRPT FT Skybr Crypt & Dig Econ 0.17% 13,198 $198K No change
ORCL Oracle Corp. 0.16% 999 $195K Reduce -93.4%
WM Waste Management Inc. 0.16% 883 $194K No change
GS Goldman Sachs Group Inc. 0.16% 219 $193K No change
JPM JPMorgan Chase & Co. 0.16% 570 $184K No change
PG The Procter & Gamble Co. 0.16% 1,280 $183K No change
UBER Uber Technologies Inc. 0.15% 2,232 $182K No change
SBUX Starbucks Corp. 0.15% 2,148 $181K No change
MRK Merck & Co. Inc. 0.15% 1,708 $180K No change
ABT Abbott Laboratories 0.15% 1,418 $178K No change
C Citigroup Inc. 0.15% 1,482 $173K No change
PLD Prologis Inc. 0.14% 1,329 $170K No change
SPTM SS SPDR P S&P 1500 Comp ETF 0.14% 1,973 $163K No change
WFC Wells Fargo & Co. 0.14% 1,729 $161K No change
QQQ Invesco QQQ Trust Series 1 0.13% 258 $158K Add +0.4%
BMY Bristol-Myers Squibb Co. 0.13% 2,849 $154K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.12% 2,546 $140K No change
BRK.B Berkshire Hathaway Inc. Class B 0.11% 260 $131K No change
NFLX Netflix Inc. 0.11% 1,350 $127K Reduce -45.8%
BLK BlackRock Inc. 0.11% 117 $125K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.11% 652 $124K Reduce -2.5%
XLRE SS Real Estate Select Sector 0.11% 3,075 $124K Add +0.2%
VGT Vanguard Info Tech ETF 0.10% 161 $121K Reduce -52.6%
SCHW Schwab (charles) Corp. 0.10% 1,214 $121K No change
PFE Pfizer Inc. 0.10% 4,833 $120K No change
ESML iShares ESG Aware MSCI USA S 0.10% 2,456 $113K Add +80.3%
YUM Yum! Brands Inc. 0.09% 725 $110K No change
EQIX Equinix Inc. 0.09% 143 $110K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.08% 2,294 $98K Add +225.8%
AVB Avalonbay Communities Inc. 0.08% 528 $96K No change
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.08% 1,505 $95K No change
KR Kroger Co. 0.08% 1,507 $94K Add +0.1%
PEP Pepsico Inc. 0.08% 650 $93K No change
MAA Mid-America Apartment Comm 0.08% 663 $92K No change
PSA Public Storage 0.07% 338 $88K No change
UNH Unitedhealth Group Inc. 0.07% 260 $86K No change
EXR Extra Space Storage Inc. 0.07% 626 $82K No change
AMT American Tower Corp. 0.07% 439 $77K No change
DOC Healthpeak Properties Inc. 0.06% 4,630 $74K No change
SBAC SBA Communications Corp. 0.06% 357 $69K No change
BATT Amplify Lithium Battery Tech 0.05% 4,381 $60K Reduce -35.4%
DMC Del Monte Corp. filed as FRESH DEL MONTE PRODUCE INC 0.05% 1,636 $58K No change
XHE SS SPDR S&P HC Equip ETF 0.05% 625 $55K Reduce -3.9%
VOO Vanguard S&P 500 ETF 0.05% 87 $55K No change
CL Colgate-Palmolive Co. 0.04% 636 $50K No change
BIZD Vaneck BDC Income ETF 0.04% 3,508 $50K No change

Show all 144 holdings

Portfolio Sells Q3 2025 → Q4 2025
ORCL Oracle Corp. Reduce -93.4% 0.16% −3.49
BIL SS SPDR BB 1-3M T-Bill ETF Sold out 0.00% −1.12
MSFT Microsoft Corp. Reduce -7.2% 2.99% −0.53
IJR iShares Core S&P Small-Cap E Reduce -4.9% 7.01% −0.42
XLK SS Technology Select Sector Reduce -4.0% 6.91% −0.26
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -0.1% 0.88% −0.26
NVDA Nvidia Corp. Reduce -31.5% 0.54% −0.26
CIBR First Trust Nasdaq Cybersecu Reduce -0.0% 2.24% −0.19
NFLX Netflix Inc. Reduce -45.8% 0.11% −0.15
VGT Vanguard Info Tech ETF Reduce -52.6% 0.10% −0.12
KOMP SS SPDR S&P Kensho Ne Comp Reduce -33.6% 0.18% −0.11
WTAI Wisdomtree AI and Innovation Reduce -86.0% 0.02% −0.11
AAPL Apple Inc. Reduce -7.5% 3.18% −0.10
DIS The Walt Disney Co. Reduce -73.7% 0.03% −0.09
T AT&T Inc. Reduce -79.2% 0.02% −0.08
VZ Verizon Communications Inc. Reduce -81.1% 0.02% −0.07
SPSM SS SPDR P S&P 600 Small Cap Reduce -3.2% 1.52% −0.06
VEA Vanguard Ftse Developed ETF Reduce -10.2% 0.59% −0.05
K Kellanova Sold out 0.00% −0.04
BATT Amplify Lithium Battery Tech Reduce -35.4% 0.05% −0.02
XSW SS SPDR S&P Soft & Serv ETF Reduce -48.3% 0.02% −0.02
XBI SS SPDR S&P Biotech ETF Reduce -23.9% 0.24% −0.02
SPDW Ste STR SPDR PT DW Eu ETF Reduce -2.8% 1.82% −0.02
MDLZ Mondelez International Inc. Class A Sold out 0.00% −0.00
VTV Vanguard Mrngstr Val ETF-Aui Reduce -2.5% 0.11% −0.00
TGT Target Corp. Reduce -8.4% 0.03% −0.00
KIE SS SPDR S&P Insurance ETF Sold out 0.00% −0.00
XHE SS SPDR S&P HC Equip ETF Reduce -3.9% 0.05% +0.00

Portfolio Buys Q3 2025 → Q4 2025
GOOGL Alphabet Inc. Class A Add +12.6% 5.67% +1.69
SPY SS SPDR S&P 500 ETF Trust-US Add +3100.0% 1.11% +1.07
IWM iShares Russell 2000 ETF New 0.87% +0.87
CSCO Cisco Systems Inc. Add +734.0% 0.69% +0.61
ADBE Adobe Inc. Add +7407.4% 0.60% +0.59
HOOD Robinhood Markets Inc. Class A New 0.57% +0.57
PLTR Palantir Technologies Inc. Class A New 0.57% +0.57
TSLA Tesla Inc. Add +32.1% 2.00% +0.47
VTI VG Morningstar TS MKT ETF-US Add +2.2% 10.09% +0.25
ESGV Vanguard ESG US Stock ETF Add +70.4% 0.56% +0.23
IVV iShares Core S&P 500 ETF Add +0.7% 18.99% +0.22
BND Vanguard Total Bond Market Add +8.7% 2.72% +0.16
XLV SS Health Care Select Sector Add +8.0% 0.89% +0.14
TSM Taiwan Semiconductor-SP ADR Add +0.0% 1.23% +0.08
SCHP Schwab U.S. Tips ETF Add +9.4% 1.23% +0.06
XLU St Sr Utl SL SE SPDR ETF-Usd Add +225.8% 0.08% +0.06
XLP SS Consumer Staples Sel Sect Add +15.6% 0.45% +0.05
VNQ Vanguard Real Estate ETF Add +7.9% 1.73% +0.04
ESML iShares ESG Aware MSCI USA S Add +80.3% 0.10% +0.04
ESGD iShares Trust iShares ESG Aw Add +9.3% 0.36% +0.03
SCHO Schwab Short-Term US Treas Add +5.8% 0.82% +0.03
XJH Ishare ESG SS S&P Midcap ETF New 0.03% +0.03
SPYG SS SPDR P S&P 500 Growth ETF Add +6.8% 0.30% +0.02
EGUS iShares ESG Aware MSCI US GR New 0.02% +0.02
FLOT iShares Floating Rate Bond E Add +7.4% 0.32% +0.02
ESGU iShares ESG Aware MSCI USA Add +1.1% 0.47% +0.01
KO The Coca-Cola Co. Add +0.0% 0.20% +0.01
QQQ Invesco QQQ Trust Series 1 Add +0.4% 0.13% +0.00
XLF SS Financial Select Sector Add +0.1% 0.71% −0.00
XLRE SS Real Estate Select Sector Add +0.2% 0.11% −0.01
MCD McDonald's Corp. Add +0.1% 0.52% −0.01
KR Kroger Co. Add +0.1% 0.08% −0.01
MA Mastercard Inc. Class A Add +0.1% 0.55% −0.01
XLY SS Consumer Disc Select Sect Add +0.1% 0.96% −0.02
COST Costco Wholesale Corp. Add +0.1% 0.67% −0.06

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