Whelan Financial
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 2, 2026), Whelan Financial reported 95 stock positions worth $320.1 million. Its top holding was Invesco Nasdaq 100 ETF (QQQM) at 16.7% of the portfolio, followed by Schwab US DVD Equity ETF (SCHD, 15.3%) and Vanguard Most SM-Cap ETF-Usd (VB, 10.4%). Compared with Q3 2025, it opened 6 new positions, sold out of 8, added to 38 and reduced 43. The biggest buy was Alphabet Class C (GOOG, shares +16%) and the biggest sale Invesco Nasdaq 100 ETF (QQQM, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- FRESNO, CA
- CIK
- 0001894921
- Portfolio Value
- $320.1M (Q4 2025)
- SEC Filing
- 0001894921-26-000001 ↗ filed Feb 2, 2026
Holdings Value
Holdings 95 stocks · $320.1M
| QQQM Invesco Nasdaq 100 ETF | 16.66% | 210,801 | $53.3M | Reduce -2.3% |
| SCHD Schwab US DVD Equity ETF | 15.25% | 1,779,778 | $48.8M | Add +0.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 10.43% | 129,440 | $33.4M | Reduce -0.1% |
| VNQ Vanguard Real Estate ETF | 7.17% | 259,514 | $23.0M | Add +0.1% |
| VTIP Vanguard Short-Term Tips | 6.70% | 433,770 | $21.5M | Add +3.2% |
| VCSH Vanguard S/T Corp. Bond ETF | 5.44% | 218,538 | $17.4M | Add +2.3% |
| BND Vanguard Total Bond Market | 5.05% | 218,253 | $16.2M | Add +2.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 4.22% | 46,574 | $13.5M | Add +1.1% |
| AAPL Apple Inc. | 2.85% | 33,560 | $9.1M | Reduce -3.2% |
| NVDA Nvidia Corp. | 1.95% | 33,418 | $6.2M | Reduce -2.1% |
| MSFT Microsoft Corp. | 1.72% | 11,377 | $5.5M | Add +2.8% |
| IOO iShares Global 100 ETF | 1.62% | 40,903 | $5.2M | Add +9.4% |
| GOOG Alphabet Inc. Class C | 1.26% | 12,899 | $4.0M | Add +15.6% |
| META Meta Platforms Inc. Class A | 1.21% | 5,882 | $3.9M | Add +3.8% |
| AMZN Amazon.com Inc. | 0.98% | 13,641 | $3.1M | Add +1.0% |
| IWY iShares Russell Top 200 Grow | 0.84% | 9,759 | $2.7M | Reduce -0.5% |
| LOW Lowe's Cos Inc. | 0.78% | 10,346 | $2.5M | Add +7.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.73% | 6,925 | $2.3M | Reduce -0.8% |
| SCHA Schwab US Small-Cap ETF | 0.64% | 72,325 | $2.1M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.64% | 4,044 | $2.0M | Add +9.0% |
| KLAC KLA Corp. | 0.62% | 1,624 | $2.0M | Add +5.0% |
| AVGO Broadcom Inc. | 0.57% | 5,284 | $1.8M | Reduce -1.2% |
| COF Capital One Financial Corp. | 0.53% | 7,025 | $1.7M | Add +11.9% |
| SCHW Schwab (charles) Corp. | 0.52% | 16,607 | $1.7M | Add +18.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.49% | 13,682 | $1.6M | Add +13.7% |
| GOOGL Alphabet Inc. Class A | 0.48% | 4,904 | $1.5M | Reduce -10.0% |
| AXP American Express Co. | 0.47% | 4,058 | $1.5M | Add +8.6% |
| TSLA Tesla Inc. | 0.43% | 3,076 | $1.4M | Reduce -7.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.43% | 24,771 | $1.4M | Add +15.8% |
| JPM JPMorgan Chase & Co. | 0.41% | 4,102 | $1.3M | Reduce -11.3% |
| COST Costco Wholesale Corp. | 0.38% | 1,415 | $1.2M | Add +0.6% |
| V Visa Inc. Class A | 0.37% | 3,347 | $1.2M | Reduce -4.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.36% | 14,484 | $1.2M | No change |
| STZ Constellation Brands Inc. Class A | 0.35% | 8,042 | $1.1M | Add +20.3% |
| UBER Uber Technologies Inc. | 0.33% | 12,889 | $1.1M | Add +8.2% |
| MA Mastercard Inc. Class A | 0.31% | 1,742 | $995K | Add +4.9% |
| LULU Lululemon Athletica Inc. | 0.31% | 4,760 | $989K | Add +23.6% |
| CVX Chevron Corp. | 0.22% | 4,539 | $692K | Reduce -5.4% |
| NKE Nike Inc. Class B | 0.21% | 10,554 | $672K | Add +15.5% |
| PLTR Palantir Technologies Inc. Class A | 0.21% | 3,738 | $664K | Add +4.4% |
| CMG Chipotle Mexican Grill Inc. | 0.20% | 17,560 | $650K | Add +13.9% |
| WMT Walmart Inc. | 0.19% | 5,482 | $611K | Reduce -2.1% |
| VOO Vanguard S&P 500 ETF | 0.19% | 966 | $606K | Reduce -7.2% |
| ORCL Oracle Corp. | 0.18% | 2,967 | $578K | Reduce -15.5% |
| UMBF Umb Financial Corp. | 0.18% | 5,007 | $576K | Add +0.0% |
| LRCX Lam Research Corp. | 0.18% | 3,313 | $567K | Add +4.0% |
| DGRO iShares Core Dividend Growth | 0.17% | 8,012 | $556K | Reduce -0.0% |
| LLY Eli Lilly & Co. | 0.17% | 493 | $530K | Reduce -12.7% |
| AVUV Avantis US Small Cap Value | 0.16% | 5,159 | $526K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.16% | 1,760 | $521K | Reduce -13.2% |
| MOAT Vaneck Morningstar Wide Moat | 0.14% | 4,474 | $463K | Add +62.0% |
| NFLX Netflix Inc. | 0.14% | 4,844 | $454K | Reduce -27.9% |
| SCHM Schwab US Mid Cap ETF | 0.14% | 14,980 | $450K | Add +0.1% |
| PG The Procter & Gamble Co. | 0.14% | 3,131 | $449K | Reduce -6.7% |
| AMAT Applied Materials Inc. | 0.14% | 1,702 | $437K | Reduce -12.5% |
| WM Waste Management Inc. | 0.13% | 1,919 | $422K | New |
| XOM Exxon Mobil Corp. | 0.13% | 3,447 | $415K | Reduce -15.9% |
| ABBV Abbvie Inc. | 0.12% | 1,715 | $392K | Reduce -20.2% |
| PANW Palo Alto Networks Inc. | 0.12% | 2,006 | $370K | Add +4.9% |
| SCHH Schwab US REIT ETF | 0.11% | 17,493 | $365K | Reduce -4.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.11% | 581 | $357K | No change |
| MU Micron Technology Inc. | 0.11% | 1,203 | $343K | Reduce -10.4% |
| C Citigroup Inc. | 0.11% | 2,916 | $340K | Add +10.7% |
| GEV GE Vernova Inc. | 0.10% | 489 | $320K | Add +9.4% |
| CSCO Cisco Systems Inc. | 0.10% | 4,140 | $319K | Reduce -2.8% |
| RDVY First Trust Rising Dividend | 0.10% | 4,400 | $306K | New |
| TSM Taiwan Semiconductor-SP ADR | 0.09% | 976 | $297K | Add +6.4% |
| MRK Merck & Co. Inc. | 0.09% | 2,778 | $292K | Reduce -9.3% |
| CGDG Cap Group Dividend Growers filed as CAPITAL GROUP DIVIDEND GROWE | 0.09% | 8,000 | $285K | New |
| GE General Electric filed as GE AEROSPACE | 0.09% | 917 | $282K | Reduce -6.2% |
| IAU iShares Gold Trust | 0.09% | 3,479 | $282K | Reduce -1.1% |
| FDL First Trust Morn DVD Lead Inc. | 0.09% | 6,249 | $277K | New |
| AMD Advanced Micro Devices | 0.09% | 1,279 | $274K | Reduce -6.6% |
| GLD SPDR Gold Shares | 0.08% | 677 | $268K | No change |
| CCL Carnival Corp. | 0.08% | 8,776 | $268K | Reduce -0.3% |
| BA The Boeing Co. | 0.08% | 1,227 | $266K | Reduce -44.4% |
| JNJ Johnson & Johnson | 0.08% | 1,227 | $254K | Reduce -9.5% |
| FVD First Trust Value Line DVD | 0.08% | 5,293 | $244K | No change |
| WFC Wells Fargo & Co. | 0.08% | 2,604 | $243K | Reduce -22.3% |
| VIG Vanguard Dividend Apprec ETF | 0.08% | 1,102 | $242K | New |
| IBIT iShares Bitcoin Trust ETF | 0.07% | 4,801 | $238K | Add +3.5% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.07% | 502 | $235K | Reduce -16.9% |
| CDNS Cadence Design SYS Inc. | 0.07% | 746 | $233K | Reduce -14.6% |
| HD Home Depot Inc. | 0.07% | 664 | $229K | Reduce -10.3% |
| VLO Valero Energy Corp. | 0.07% | 1,386 | $226K | Add +0.6% |
| SCHZ Schwab US Aggregate Bond ETF | 0.07% | 9,259 | $216K | Add +0.4% |
| APH Amphenol Corp. Class A | 0.07% | 1,596 | $216K | Reduce -34.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.07% | 313 | $214K | No change |
| T AT&T Inc. | 0.07% | 8,577 | $213K | Reduce -0.9% |
| SNPS Synopsys Inc. | 0.07% | 453 | $213K | Reduce -14.5% |
| UNH Unitedhealth Group Inc. | 0.06% | 617 | $204K | Reduce -18.6% |
| XLK SS Technology Select Sector | 0.06% | 1,404 | $202K | New |
| MCK McKesson Corp. | 0.06% | 246 | $202K | Reduce -26.8% |
| CVBF CVB Financial Corp. | 0.06% | 10,619 | $198K | No change |
| ATCH Atlasclear Holdings Inc. | 0.00% | 20,000 | $5K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| QQQM Invesco Nasdaq 100 ETF | Reduce -2.3% | 16.66% | −0.25 |
| ORCL Oracle Corp. | Reduce -15.5% | 0.18% | −0.13 |
| NFLX Netflix Inc. | Reduce -27.9% | 0.14% | −0.11 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.09 |
| RTX RTX Corp. | Sold out | 0.00% | −0.09 |
| MS Morgan Stanley | Sold out | 0.00% | −0.08 |
| NVDA Nvidia Corp. | Reduce -2.1% | 1.95% | −0.07 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −0.07 |
| BA The Boeing Co. | Reduce -44.4% | 0.08% | −0.07 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.07 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.07 |
| PM Philip Morris International | Sold out | 0.00% | −0.07 |
| JPM JPMorgan Chase & Co. | Reduce -11.3% | 0.41% | −0.05 |
| TSLA Tesla Inc. | Reduce -7.3% | 0.43% | −0.04 |
| ABBV Abbvie Inc. | Reduce -20.2% | 0.12% | −0.04 |
| APH Amphenol Corp. Class A | Reduce -34.6% | 0.07% | −0.03 |
| CDNS Cadence Design SYS Inc. | Reduce -14.6% | 0.07% | −0.02 |
| HD Home Depot Inc. | Reduce -10.3% | 0.07% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -6.7% | 0.14% | −0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -16.9% | 0.07% | −0.02 |
| CVX Chevron Corp. | Reduce -5.4% | 0.22% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -18.6% | 0.06% | −0.02 |
| MCK McKesson Corp. | Reduce -26.8% | 0.06% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -13.2% | 0.16% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -15.9% | 0.13% | −0.02 |
| SNPS Synopsys Inc. | Reduce -14.5% | 0.07% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -22.3% | 0.08% | −0.01 |
| VOO Vanguard S&P 500 ETF | Reduce -7.2% | 0.19% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -0.1% | 10.43% | −0.01 |
| T AT&T Inc. | Reduce -0.9% | 0.07% | −0.01 |
| V Visa Inc. Class A | Reduce -4.1% | 0.37% | −0.01 |
| SCHH Schwab US REIT ETF | Reduce -4.3% | 0.11% | −0.01 |
| SENS Senseonics Holdings Inc. | Sold out | 0.00% | −0.01 |
| IWY iShares Russell Top 200 Grow | Reduce -0.5% | 0.84% | −0.01 |
| GE General Electric | Reduce -6.2% | 0.09% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.8% | 0.73% | −0.00 |
| JNJ Johnson & Johnson | Reduce -9.5% | 0.08% | −0.00 |
| DGRO iShares Core Dividend Growth | Reduce -0.0% | 0.17% | +0.00 |
| SCHA Schwab US Small-Cap ETF | Reduce -0.5% | 0.64% | +0.00 |
| CCL Carnival Corp. | Reduce -0.3% | 0.08% | +0.00 |
| IAU iShares Gold Trust | Reduce -1.1% | 0.09% | +0.01 |
| CSCO Cisco Systems Inc. | Reduce -2.8% | 0.10% | +0.01 |
| WMT Walmart Inc. | Reduce -2.1% | 0.19% | +0.01 |
| MRK Merck & Co. Inc. | Reduce -9.3% | 0.09% | +0.01 |
| AMAT Applied Materials Inc. | Reduce -12.5% | 0.14% | +0.01 |
| AVGO Broadcom Inc. | Reduce -1.2% | 0.57% | +0.01 |
| AMD Advanced Micro Devices | Reduce -6.6% | 0.09% | +0.02 |
| LLY Eli Lilly & Co. | Reduce -12.7% | 0.17% | +0.03 |
| MU Micron Technology Inc. | Reduce -10.4% | 0.11% | +0.04 |
| AAPL Apple Inc. | Reduce -3.2% | 2.85% | +0.05 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOG Alphabet Inc. Class C | Add +15.6% | 1.26% | +0.40 |
| IOO iShares Global 100 ETF | Add +9.4% | 1.62% | +0.20 |
| WM Waste Management Inc. | New | 0.13% | +0.13 |
| COF Capital One Financial Corp. | Add +11.9% | 0.53% | +0.11 |
| RDVY First Trust Rising Dividend | New | 0.10% | +0.10 |
| SCHW Schwab (charles) Corp. | Add +18.6% | 0.52% | +0.09 |
| LULU Lululemon Athletica Inc. | Add +23.6% | 0.31% | +0.09 |
| CGDG Cap Group Dividend Growers | New | 0.09% | +0.09 |
| KLAC KLA Corp. | Add +5.0% | 0.62% | +0.09 |
| FDL First Trust Morn DVD Lead Inc. | New | 0.09% | +0.09 |
| AXP American Express Co. | Add +8.6% | 0.47% | +0.08 |
| BAC Bank of America Corp. | Add +15.8% | 0.43% | +0.08 |
| VIG Vanguard Dividend Apprec ETF | New | 0.08% | +0.08 |
| XLK SS Technology Select Sector | New | 0.06% | +0.06 |
| STZ Constellation Brands Inc. Class A | Add +20.3% | 0.35% | +0.06 |
| MOAT Vaneck Morningstar Wide Moat | Add +62.0% | 0.14% | +0.06 |
| DIS The Walt Disney Co. | Add +13.7% | 0.49% | +0.05 |
| BND Vanguard Total Bond Market | Add +2.8% | 5.05% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +9.0% | 0.64% | +0.04 |
| AMZN Amazon.com Inc. | Add +1.0% | 0.98% | +0.04 |
| LRCX Lam Research Corp. | Add +4.0% | 0.18% | +0.04 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +2.3% | 5.44% | +0.03 |
| C Citigroup Inc. | Add +10.7% | 0.11% | +0.02 |
| GEV GE Vernova Inc. | Add +9.4% | 0.10% | +0.01 |
| LOW Lowe's Cos Inc. | Add +7.3% | 0.78% | +0.01 |
| CMG Chipotle Mexican Grill Inc. | Add +13.9% | 0.20% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +6.4% | 0.09% | +0.01 |
| MA Mastercard Inc. Class A | Add +4.9% | 0.31% | +0.01 |
| NKE Nike Inc. Class B | Add +15.5% | 0.21% | +0.01 |
| PLTR Palantir Technologies Inc. Class A | Add +4.4% | 0.21% | +0.00 |
| SCHM Schwab US Mid Cap ETF | Add +0.1% | 0.14% | +0.00 |
| SCHZ Schwab US Aggregate Bond ETF | Add +0.4% | 0.07% | −0.00 |
| VLO Valero Energy Corp. | Add +0.6% | 0.07% | −0.00 |
| UMBF Umb Financial Corp. | Add +0.0% | 0.18% | −0.01 |
| PANW Palo Alto Networks Inc. | Add +4.9% | 0.12% | −0.01 |
| IBIT iShares Bitcoin Trust ETF | Add +3.5% | 0.07% | −0.02 |
| COST Costco Wholesale Corp. | Add +0.6% | 0.38% | −0.03 |
| UBER Uber Technologies Inc. | Add +8.2% | 0.33% | −0.04 |
| VTIP Vanguard Short-Term Tips | Add +3.2% | 6.70% | −0.04 |
| SCHD Schwab US DVD Equity ETF | Add +0.7% | 15.25% | −0.05 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +1.1% | 4.22% | −0.07 |
| MSFT Microsoft Corp. | Add +2.8% | 1.72% | −0.10 |
| META Meta Platforms Inc. Class A | Add +3.8% | 1.21% | −0.11 |
| VNQ Vanguard Real Estate ETF | Add +0.1% | 7.17% | −0.33 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 101 | $367.2M | QQQM, SCHD, VB, VNQ, VGIT |
| Q1 2026 | 88 | $322.1M | SCHD, QQQM, VB, VNQ, VGIT |
| Q4 2025 | 95 | $320.1M | QQQM, SCHD, VB, VNQ, VTIP |
| Q3 2025 | 97 | $315.5M | QQQM, SCHD, VB, VNQ, VTIP |
| Q2 2025 | 65 | $276.6M | QQQM, SCHD, VB, VNQ, VTIP |
| Q1 2025 | 63 | $257.1M | SCHD, QQQM, VB, VNQ, VTIP |
| Q4 2024 | 59 | $254.3M | QQQM, SCHD, VB, VNQ, VCSH |
| Q3 2024 | 43 | $242.8M | QQQM, SCHD, VB, VNQ, VCSH |
| Q2 2024 | 40 | $223.9M | QQQM, SCHD, VB, VNQ, VCSH |
| Q1 2024 | 42 | $219.0M | QQQM, SCHD, VB, VNQ, VCSH |