# PIERSHALE FINANCIAL GROUP, INC.

> Institutional holdings reported to the SEC as of Q2 2023 on Form 13F. CIK 1554815. Source: https://holderbook.com/funds/1554815-piershale-financial-group-inc/

- Reported value: $156.9M
- Positions: 269
- Weight of the ten largest: 96.0%
- Filed: 2023-07-06

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $90.1M | 981,076 | 57.4% | 6 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $16.0M | 305,493 | 10.2% | 3 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $16.0M | 46,444 | 10.2% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $6.6M | 17,991 | 4.2% | 3 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $6.4M | 85,301 | 4.1% | 1 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $6.3M | 93,239 | 4.0% | 3 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $6.2M | 85,857 | 4.0% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.8M | 9,271 | 1.1% | 12 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $730.0K | 2,350 | 0.5% | 19 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $556.5K | 5,105 | 0.4% | 16 |
| GENERAL MILLS INC | [GIS](https://holderbook.com/stocks/GIS/) | $421.5K | 5,495 | 0.3% | 18 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $324.2K | 952 | 0.2% | 11 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $279.6K | 5,405 | 0.2% | 19 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $274.6K | 17,219 | 0.2% | 19 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $242.0K | 1,595 | 0.2% | 13 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $227.9K | 1,231 | 0.1% | 3 |
| DARDEN RESTAURANTS INC | [DRI](https://holderbook.com/stocks/DRI/) | $186.7K | 1,117 | 0.1% | 3 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $176.6K | 1,124 | 0.1% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $147.6K | 1,220 | 0.1% | 3 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $140.5K | 1,050 | 0.1% | 3 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $130.9K | 971 | 0.1% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $126.9K | 1,060 | 0.1% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $126.1K | 298 | 0.1% | 3 |
| YUM BRANDS INC | [YUM](https://holderbook.com/stocks/YUM/) | $122.4K | 883 | 0.1% | 3 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $102.0K | 3,086 | 0.1% | 3 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $100.2K | 2,694 | 0.1% | 3 |
| ARBOR REALTY TRUST INC | [ABR](https://holderbook.com/stocks/ABR/) | $81.2K | 5,478 | 0.1% | 3 |
| NORWEGIAN CRUISE LINE HLDGS | [NCLH](https://holderbook.com/stocks/NCLH/) | $72.1K | 3,312 | 0.0% | 2 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $70.7K | 270 | 0.0% | 3 |
| SKYWORKS SOLUTIONS INC | [SWKS](https://holderbook.com/stocks/SWKS/) | $70.4K | 636 | 0.0% | 3 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $67.5K | 270 | 0.0% | 3 |
| ADVENT CONV & INCOME FD | [AVK](https://holderbook.com/stocks/AVK/) | $65.7K | 5,603 | 0.0% | 3 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $64.5K | 220 | 0.0% | 3 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $62.9K | 400 | 0.0% | 3 |
| TETRA TECH INC NEW | [TTEK](https://holderbook.com/stocks/TTEK/) | $62.2K | 380 | 0.0% | 3 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $57.6K | 348 | 0.0% | 3 |
| DOMINOS PIZZA INC | [DPZ](https://holderbook.com/stocks/DPZ/) | $55.6K | 165 | 0.0% | 3 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $55.3K | 1,357 | 0.0% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $53.8K | 100 | 0.0% | 3 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $51.0K | 4,071 | 0.0% | 3 |
| DIREXION SHS ETF TR | [SOXSXXXX](https://holderbook.com/stocks/SOXSXXXX/) | $48.3K | 4,898 | 0.0% | 3 |
| YUM CHINA HLDGS INC | [YUMC](https://holderbook.com/stocks/YUMC/) | $46.9K | 831 | 0.0% | 3 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $46.0K | 745 | 0.0% | 3 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $45.0K | 420 | 0.0% | 3 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $44.3K | 1,067 | 0.0% | 3 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $41.8K | 103 | 0.0% | 3 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $38.3K | 418 | 0.0% | 3 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $38.1K | 311 | 0.0% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $36.0K | 276 | 0.0% | 3 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $34.2K | 70 | 0.0% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $34.1K | 100 | 0.0% | 2 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $34.0K | 1,128 | 0.0% | 3 |
| ADAMS DIVERSIFIED EQUITY FD | [ADX](https://holderbook.com/stocks/ADX/) | $32.3K | 1,920 | 0.0% | 3 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $29.8K | 100 | 0.0% | 3 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $29.6K | 165 | 0.0% | 3 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $29.6K | 140 | 0.0% | 3 |
| ROYAL CARIBBEAN GROUP | [RCL](https://holderbook.com/stocks/RCL/) | $29.5K | 284 | 0.0% | 2 |
| UNIVERSAL DISPLAY CORP | [OLED](https://holderbook.com/stocks/OLED/) | $28.8K | 200 | 0.0% | 3 |
| VANECK ETF TRUST | [GDXJ](https://holderbook.com/stocks/GDXJ/) | $28.7K | 804 | 0.0% | 3 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $28.6K | 395 | 0.0% | 3 |
| NEUROCRINE BIOSCIENCES INC | [NBIX](https://holderbook.com/stocks/NBIX/) | $28.3K | 300 | 0.0% | 3 |
| RELIANCE INC | [RS](https://holderbook.com/stocks/RS/) | $27.2K | 100 | 0.0% | 3 |
| INVESCO EXCH TRADED FD TR II | [SPHD](https://holderbook.com/stocks/SPHD/) | $25.8K | 625 | 0.0% | 3 |
| PGIM HIGH YIELD BOND FUND IN | [ISD](https://holderbook.com/stocks/ISD/) | $25.7K | 2,069 | 0.0% | 3 |
| ISHARES TR | [SUSA](https://holderbook.com/stocks/SUSA/) | $25.4K | 271 | 0.0% | 1 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $24.8K | 250 | 0.0% | 3 |
| NUVEEN REAL ASSET INCOME & G | [JRI](https://holderbook.com/stocks/JRI/) | $23.7K | 2,077 | 0.0% | 3 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $23.1K | 57 | 0.0% | 3 |
| NORTHERN TR CORP | [NTRS](https://holderbook.com/stocks/NTRS/) | $22.2K | 300 | 0.0% | 3 |
| INVESCO EXCHANGE TRADED FD T | [PHO](https://holderbook.com/stocks/PHO/) | $21.7K | 385 | 0.0% | 3 |
| EVERSOURCE ENERGY | [ES](https://holderbook.com/stocks/ES/) | $21.7K | 306 | 0.0% | 3 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $21.7K | 150 | 0.0% | 3 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $20.7K | 450 | 0.0% | 3 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $20.4K | 66 | 0.0% | 3 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $20.1K | 201 | 0.0% | 3 |
| WW GRAINGER INC | [GWW](https://holderbook.com/stocks/GWW/) | $19.7K | 25 | 0.0% | 3 |
| AIRBNB INC | [ABNB](https://holderbook.com/stocks/ABNB/) | $19.2K | 150 | 0.0% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [POWA](https://holderbook.com/stocks/POWA/) | $19.0K | 275 | 0.0% | 3 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $18.6K | 250 | 0.0% | 3 |
| BLACKROCK ENERGY & RES TR | [BGR](https://holderbook.com/stocks/BGR/) | $18.5K | 1,538 | 0.0% | 3 |
| WALGREENS BOOTS ALLIANCE INC | [WBA](https://holderbook.com/stocks/WBA/) | $18.0K | 633 | 0.0% | 3 |
| FIDELITY COVINGTON TRUST | [FHLC](https://holderbook.com/stocks/FHLC/) | $17.4K | 275 | 0.0% | 3 |
| VOYA GLBL EQTY DIV & PREM OP | [IGD](https://holderbook.com/stocks/IGD/) | $17.2K | 3,350 | 0.0% | 3 |
| EATON VANCE TAX MNGED BUY WR | [ETB](https://holderbook.com/stocks/ETB/) | $17.0K | 1,226 | 0.0% | 3 |
| GENUINE PARTS CO | [GPC](https://holderbook.com/stocks/GPC/) | $16.9K | 100 | 0.0% | 3 |
| OPEN TEXT CORP | [OTEX](https://holderbook.com/stocks/OTEX/) | $16.6K | 400 | 0.0% | 3 |
| ALLSPRING INCOME OPPORTUNIT | [EAD](https://holderbook.com/stocks/EAD/) | $16.3K | 2,520 | 0.0% | 3 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $15.8K | 75 | 0.0% | 3 |
| PORTILLOS INC | [PTLO](https://holderbook.com/stocks/PTLO/) | $15.8K | 700 | 0.0% | 3 |
| ABRDN HEALTHCARE INVESTORS | [HQH](https://holderbook.com/stocks/HQH/) | $15.7K | 922 | 0.0% | 3 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $15.3K | 50 | 0.0% | 3 |
| SANFILIPPO JOHN B & SON INC | [JBSS](https://holderbook.com/stocks/JBSS/) | $15.0K | 128 | 0.0% | 3 |
| DOVER CORP | [DOV](https://holderbook.com/stocks/DOV/) | $14.8K | 100 | 0.0% | 3 |
| BLACKROCK ENHANCED EQUITY DI | [BDJ](https://holderbook.com/stocks/BDJ/) | $14.6K | 1,756 | 0.0% | 3 |
| PRUDENTIAL FINL INC | [PRU](https://holderbook.com/stocks/PRU/) | $14.0K | 158 | 0.0% | 3 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $13.9K | 101 | 0.0% | 3 |
| BOYD GAMING CORP | [BYD](https://holderbook.com/stocks/BYD/) | $13.9K | 200 | 0.0% | 3 |
| EQUITY LIFESTYLE PROPERTIES | [ELS](https://holderbook.com/stocks/ELS/) | $13.5K | 202 | 0.0% | 3 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $13.4K | 181 | 0.0% | 3 |
| PACKAGING CORP AMER | [PKG](https://holderbook.com/stocks/PKG/) | $13.2K | 100 | 0.0% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2023 | +0.4% | +8.3% | -7.9% | 100% |
| Q1 2023 | +0.8% | +7.0% | -6.3% | 100% |
| Q4 2022 | -4.4% | +7.1% | -11.5% | 100% |
| Q3 2022 | -0.1% | -5.3% | +5.2% | 100% |
| Q2 2022 | -0.5% | -16.5% | +16.0% | 100% |
| Q1 2022 | -6.4% | -4.9% | -1.5% | 100% |
| Q4 2021 | +10.2% | +10.7% | -0.5% | 100% |
| Q3 2021 | -2.0% | +0.3% | -2.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2023 | $156.9M | 269 |
| Q1 2023 | $126.9M | 297 |
| Q4 2022 | $120.6M | 299 |
| Q3 2022 | $133.2M | 11 |
| Q2 2022 | $108.4M | 10 |
| Q1 2022 | $110.1M | 11 |
| Q4 2021 | $262.2M | 21 |
| Q3 2021 | $242.7M | 29 |
| Q2 2021 | $254.0M | 29 |
| Q1 2021 | $231.1M | 29 |
| Q4 2020 | $208.2M | 27 |
| Q3 2020 | $173.9M | 19 |