HOWARD WEALTH MANAGEMENT, LLC
Reported holdings as of Q2 2026, from 27 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| VANGUARD WHITEHALL FDS | VYM | $18.9M | 119,863 | -0.02pp | 27q | +6.4%+$1.1M | |
| VANGUARD INDEX FDS | VUG | $18.5M | 214,780 | +0.26pp | 27q | +500.0%+$15.4M | |
| APPLE INC | AAPL | $10.7M | 36,980 | +0.17pp | 27q | +4.3%+$438.4K | |
| VANGUARD INDEX FDS | VB | $10.0M | 32,826 | +0.17pp | 27q | +3.0%+$291.3K | |
| VANGUARD SPECIALIZED FUNDS | VIG | $6.2M | 26,188 | -0.12pp | 16q | -1.6%-$99.1K | |
| INVESCO EXCH TRD SLF IDX FD | BSCQ | $5.9M | 304,444 | -0.18pp | 8q | +5.1%+$287.7K | |
| INVESCO EXCH TRD SLF IDX FD | BSCR | $5.9M | 302,354 | -0.19pp | 8q | +4.9%+$279.7K | |
| INVESCO EXCH TRD SLF IDX FD | BSCS | $5.8M | 283,380 | -0.18pp | 8q | +5.3%+$291.3K | |
| INVESCO EXCH TRD SLF IDX FD | BSCT | $5.6M | 300,074 | -0.17pp | 8q | +5.7%+$298.8K | |
| VANGUARD INTL EQUITY INDEX F | VT | $5.3M | 34,061 | -0.05pp | 16q | -2.0%-$107.7K | |
| FIDELITY MERRIMACK STR TR | FLDR | $5.1M | 102,249 | +0.58pp | 5q | +63.6%+$2.0M | |
| JANUS DETROIT STR TR | JAAA | $5.1M | 100,177 | +0.62pp | 5q | +69.7%+$2.1M | |
| STATE STR SPDR S&P 500 ETF T | SPY | $5.0M | 6,735 | +0.04pp | 27q | +1.3%+$66.5K | |
| ISHARES TR | IVV | $5.0M | 6,672 | -0.03pp | 16q | -2.1%-$105.6K | |
| VANGUARD INDEX FDS | VOO | $5.0M | 7,229 | -0.04pp | 27q | -3.0%-$151.1K | |
| INVESCO EXCH TRD SLF IDX FD | BSJQ | $4.9M | 211,404 | -0.07pp | 8q | +10.6%+$466.0K | |
| VANGUARD INTL EQUITY INDEX F | VEU | $4.8M | 57,874 | +0.18pp | 27q | +13.7%+$583.0K | |
| INVESCO EXCH TRD SLF IDX FD | BSJR | $4.7M | 209,291 | -0.03pp | 8q | +12.0%+$500.3K | |
| ADVANCED MICRO DEVICES INC | AMD | $4.7M | 8,025 | +1.03pp | 7q | HELD | |
| INVESCO EXCH TRD SLF IDX FD | BSCU | $4.6M | 277,058 | -0.09pp | 4q | +8.7%+$370.1K | |
| INVESCO EXCH TRD SLF IDX FD | BSJS | $4.5M | 208,429 | -0.01pp | 8q | +12.8%+$515.6K | |
| INVESCO EXCH TRD SLF IDX FD | BSJT | $4.4M | 207,945 | -0.01pp | 8q | +12.4%+$483.6K | |
| INVESCO EXCH TRD SLF IDX FD | BSJU | $4.2M | 160,988 | -0.01pp | 4q | +11.9%+$441.1K | |
| J P MORGAN EXCHANGE TRADED F | JPST | $4.1M | 80,736 | -0.38pp | 6q | -9.1%-$410.7K | |
| ISHARES TR | IVW | $4.0M | 29,406 | +0.02pp | 27q | -4.9%-$207.9K | |
| PALANTIR TECHNOLOGIES INC | PLTR | $4.0M | 34,210 | -0.63pp | 23q | HELD | |
| ALPHABET INC | GOOGL | $3.9M | 10,834 | +0.07pp | 27q | -3.3%-$133.7K | |
| VANGUARD INDEX FDS | VTV | $3.3M | 14,920 | -0.04pp | 27q | -0.7%-$22.0K | |
| VANGUARD STAR FDS | VXUS | $3.0M | 34,587 | +0.04pp | 27q | +6.1%+$169.8K | |
| AMAZON COM INC | AMZN | $2.9M | 12,279 | flat | 27q | HELD | |
| VANGUARD BD INDEX FDS | BND | $2.9M | 39,349 | -0.28pp | 25q | -9.3%-$295.1K | |
| ALPHABET INC | GOOG | $2.8M | 7,904 | +0.08pp | 27q | HELD | |
| VANECK ETF TRUST | FLTR | $2.7M | 104,932 | -0.09pp | 16q | +4.0%+$104.2K | |
| INVESCO QQQ TR | QQQ | $2.6M | 3,574 | +0.10pp | 16q | -0.7%-$19.9K | |
| INVESCO EXCH TRADED FD TR II | VRP | $2.5M | 103,080 | -0.08pp | 9q | +3.7%+$89.0K | |
| VANGUARD INDEX FDS | VV | $2.5M | 7,234 | -0.02pp | 25q | -3.4%-$88.4K | |
| SPDR SERIES TRUST | CWB | $2.5M | 22,921 | +0.02pp | 16q | -1.3%-$32.6K | |
| VANGUARD INDEX FDS | VTI | $2.4M | 6,492 | -0.02pp | 27q | -4.0%-$99.2K | |
| SPDR INDEX SHS FDS | SPDW | $1.8M | 35,731 | -0.03pp | 25q | -0.9%-$15.7K | |
| ISHARES TR | IOO | $1.6M | 11,967 | -0.01pp | 16q | -0.9%-$14.9K | |
| VANECK ETF TRUST | PFXF | $1.6M | 89,663 | -0.06pp | 13q | +1.4%+$22.8K | |
| VANGUARD WORLD FD | VHT | $1.6M | 5,297 | -0.03pp | 16q | -1.6%-$25.7K | |
| MICROSOFT CORP | MSFT | $1.6M | 4,207 | -0.06pp | 27q | +2.1%+$32.5K | |
| J P MORGAN EXCHANGE TRADED F | JEPI | $1.5M | 26,887 | -0.07pp | 11q | +1.9%+$28.8K | |
| ISHARES TR | ITA | $1.5M | 6,234 | -0.03pp | 16q | -2.7%-$42.4K | |
| COSTCO WHOLESALE CORPORATION | COST | $1.4M | 1,532 | -0.12pp | 14q | HELD | |
| NVIDIA CORPORATION | NVDA | $1.4M | 7,113 | +0.01pp | 11q | +1.7%+$24.2K | |
| JPMORGAN CHASE & CO | JPM | $1.4M | 4,271 | flat | 16q | +1.4%+$18.7K | |
| VANGUARD INDEX FDS | VXF | $1.4M | 5,674 | +0.01pp | 16q | -3.1%-$44.8K | |
| VANGUARD INDEX FDS | VNQ | $1.4M | 14,056 | -0.03pp | 16q | HELD | |
| WISDOMTREE TR | EES | $1.3M | 19,178 | +0.01pp | 27q | HELD | |
| SPDR SERIES TRUST | SDY | $1.3M | 8,347 | -0.06pp | 16q | -2.5%-$32.9K | |
| SPDR SERIES TRUST | SJNK | $1.3M | 50,064 | -0.04pp | 16q | +4.9%+$58.9K | |
| VANECK ETF TRUST | BIZD | $1.2M | 96,570 | -0.17pp | 10q | -15.9%-$231.4K | |
| VISA INC | V | $1.1M | 3,231 | -0.02pp | 27q | -3.8%-$43.2K | |
| SPDR SERIES TRUST | SPYV | $1.1M | 18,044 | -0.03pp | 9q | -2.4%-$26.4K | |
| TESLA INC | TSLA | $1.1M | 2,531 | flat | 25q | HELD | |
| META PLATFORMS INC | META | $1.0M | 1,778 | -0.07pp | 27q | -1.9%-$19.2K | |
| VANGUARD WORLD FD | VGT | $991.1K | 8,292 | +0.05pp | 16q | +669.2%+$862.3K | |
| INVESCO EXCHANGE TRADED FD T | PWV | $975.3K | 12,872 | -0.02pp | 27q | HELD | |
| MASTERCARD INCORPORATED | MA | $960.9K | 1,871 | -0.04pp | 27q | HELD | |
| PIMCO ETF TR | HYS | $955.5K | 10,216 | -0.03pp | 16q | +3.4%+$31.8K | |
| ISHARES TR | IWM | $941.3K | 3,132 | +0.02pp | 16q | -0.7%-$6.3K | |
| JOHNSON & JOHNSON | JNJ | $913.1K | 3,595 | -0.01pp | 27q | +4.9%+$42.9K | |
| ISHARES TR | PFF | $908.0K | 29,780 | -0.06pp | 27q | -4.5%-$42.8K | |
| VANGUARD WORLD FD | VFH | $864.1K | 6,565 | -0.02pp | 16q | -2.1%-$18.7K | |
| ISHARES TR | IJH | $800.1K | 10,376 | flat | 27q | -0.8%-$6.4K | |
| ELI LILLY & CO | LLY | $769.2K | 641 | +0.03pp | 10q | -0.9%-$7.2K | |
| HOME DEPOT INC | HD | $735.3K | 2,084 | -0.03pp | 27q | -3.0%-$22.9K | |
| STATE STR SPDR DOW JONES IND | DIA | $707.2K | 1,353 | -0.01pp | 16q | -1.8%-$13.1K | |
| FIDELITY COMWLTH TR | ONEQ | $707.2K | 6,851 | +0.02pp | 2q | HELD | |
| GLOBAL X FDS | QYLD | $695.0K | 37,708 | -0.01pp | 10q | +3.9%+$25.8K | |
| ISHARES TR | EFA | $663.0K | 6,382 | -0.02pp | 27q | HELD | |
| ALPS ETF TR | AMLP | $658.9K | 12,708 | -0.03pp | 11q | +1.4%+$9.0K | |
| PIMCO ETF TR | MUNI | $658.5K | 12,518 | -0.02pp | 8q | +5.6%+$34.9K | |
| WISDOMTREE TR | DNL | $640.7K | 13,874 | flat | 25q | HELD | |
| ISHARES TR | IWF | $633.9K | 5,105 | flat | 27q | +290.6%+$471.6K | |
| INVESCO EXCH TRD SLF IDX FD | BSMU | $622.3K | 28,390 | -0.05pp | 3q | -7.8%-$52.5K | |
| GLOBAL X FDS | XYLD | $612.2K | 15,008 | -0.01pp | 10q | +4.5%+$26.5K | |
| INVESCO EXCH TRD SLF IDX FD | BSMR | $608.3K | 25,730 | -0.02pp | 8q | +3.4%+$20.1K | |
| INVESCO EXCH TRD SLF IDX FD | BSMS | $607.2K | 25,905 | -0.02pp | 8q | +3.4%+$20.0K | |
| INVESCO EXCH TRD SLF IDX FD | BSMQ | $605.9K | 25,735 | -0.02pp | 8q | +3.4%+$20.1K | |
| INVESCO EXCH TRD SLF IDX FD | BSMT | $604.8K | 26,262 | -0.02pp | 8q | +3.4%+$20.0K | |
| EXXON MOBIL CORP | XOMXXXX | $595.2K | 4,353 | -0.08pp | 16q | +3.2%+$18.2K | |
| INTEL CORP | INTC | $591.5K | 4,236 | - | new | NEW | |
| VANGUARD INDEX FDS | VO | $589.6K | 7,317 | -0.01pp | 16q | +293.6%+$439.8K | |
| NETFLIX INC | NFLX | $585.9K | 8,206 | -0.12pp | 15q | -1.7%-$10.2K | |
| ISHARES TR | IJR | $538.8K | 3,632 | flat | 27q | -2.2%-$12.2K | |
| MERCK & CO INC | MRK | $525.9K | 4,092 | flat | 16q | +6.5%+$32.0K | |
| CINTAS CORP | CTAS | $510.2K | 3,000 | -0.03pp | 2q | HELD | |
| ISHARES TR | SHYG | $503.0K | 11,860 | -0.02pp | 6q | +3.1%+$15.2K | |
| PUBLIC SVC ENTERPRISE GROUP | PEG | $501.1K | 6,174 | -0.03pp | 24q | -1.6%-$8.1K | |
| VANGUARD SCOTTSDALE FDS | VCIT | $496.0K | 6,000 | -0.01pp | 7q | +7.7%+$35.4K | |
| INVESCO ACTIVELY MANAGED EXC | VRIG | $483.1K | 19,269 | -0.01pp | 5q | +9.8%+$43.2K | |
| SPDR SERIES TRUST | SPTM | $451.6K | 4,974 | -0.01pp | 16q | -6.5%-$31.5K | |
| VANGUARD BD INDEX FDS | VUSB | $450.0K | 9,040 | -0.01pp | 4q | +7.7%+$32.1K | |
| SPDR GOLD TR | GLD | $434.7K | 1,180 | -0.05pp | 2q | HELD | |
| WISDOMTREE TR | DWM | $411.1K | 5,615 | -0.01pp | 15q | HELD | |
| ISHARES TR | IWB | $394.5K | 963 | flat | 16q | HELD | |
| ATI INC | ATI | $390.5K | 1,981 | +0.02pp | 3q | -4.8%-$19.7K | |
| AMPHENOL CORP | APH | $388.0K | 2,200 | +0.01pp | 5q | -11.8%-$52.0K | |
| INVESCO EXCH TRD SLF IDX FD | BSCV | $336.1K | 20,510 | -0.02pp | 3q | HELD | |
| J P MORGAN EXCHANGE TRADED F | JPIE | $335.5K | 7,286 | +0.01pp | 2q | +23.6%+$64.0K | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $333.3K | 666 | -0.01pp | 2q | -1.3%-$4.5K | |
| WISDOMTREE TR | EZM | $327.2K | 4,317 | -0.01pp | 14q | -3.1%-$10.5K | |
| CATERPILLAR INC | CAT | $324.3K | 304 | +0.03pp | 2q | -1.6%-$5.3K | |
| DUKE ENERGY CORP NEW | DUK | $321.1K | 2,536 | -0.02pp | 11q | +4.1%+$12.8K | |
| FRANKLIN TEMPLETON ETF TR | FLMI | $319.0K | 12,672 | -0.01pp | 4q | +5.7%+$17.3K | |
| ISHARES TR | ICSH | $315.2K | 6,231 | -0.01pp | 4q | +5.7%+$17.0K | |
| ISHARES TR | ITB | $312.9K | 2,994 | flat | 16q | HELD | |
| J P MORGAN EXCHANGE TRADED F | JMUB | $303.0K | 5,981 | -0.01pp | 3q | +6.3%+$18.0K | |
| MCDONALDS CORP | MCD | $302.9K | 1,120 | -0.03pp | 11q | HELD | |
| SPDR SERIES TRUST | SPHY | $302.6K | 12,910 | -0.01pp | 5q | +5.8%+$16.5K | |
| AUTOMATIC DATA PROCESSING IN | ADP | $299.6K | 1,338 | flat | 2q | HELD | |
| PIMCO ETF TR | MINT | $294.2K | 2,918 | -0.01pp | 5q | +1.4%+$4.1K | |
| INVESCO ACTIVELY MANAGED EXC | GSY | $293.8K | 5,858 | -0.01pp | 4q | +3.8%+$10.9K | |
| PGIM ETF TR | PULS | $287.0K | 5,793 | -0.01pp | 4q | +5.7%+$15.6K | |
| ISHARES TR | AOR | $287.0K | 4,129 | -0.01pp | 16q | -3.5%-$10.5K | |
| INTERNATIONAL BUSINESS MACHS | IBM | $285.2K | 1,014 | - | new | NEW | |
| MORGAN STANLEY ETF TRUST | EVSM | $283.7K | 5,638 | -0.01pp | 3q | +5.8%+$15.5K | |
| LOCKHEED MARTIN CORP | LMT | $280.3K | 550 | -0.04pp | 16q | -2.7%-$7.6K | |
| WD 40 CO | WDFC | $280.2K | 1,150 | flat | 16q | HELD | |
| FIDELITY COVINGTON TRUST | FPFD | $278.4K | 12,986 | -0.01pp | 3q | +4.8%+$12.7K | |
| VANGUARD SCOTTSDALE FDS | VGIT | $275.6K | 4,672 | -0.01pp | 7q | +1.7%+$4.7K | |
| VANGUARD WORLD FD | VDE | $274.2K | 1,826 | -0.03pp | 14q | HELD | |
| GOLDMAN SACHS ETF TR | GSST | $271.8K | 5,373 | -0.02pp | 4q | -1.9%-$5.4K | |
| BROADCOM INC | AVGO | $268.2K | 710 | +0.01pp | 2q | HELD | |
| ABBVIE INC | ABBV | $268.0K | 1,064 | -0.06pp | 16q | -36.9%-$156.7K | |
| WALMART INC | WMT | $267.2K | 2,359 | -0.03pp | 7q | -0.6%-$1.7K | |
| FIRST TR EXCHANGE-TRADED FD | FDN | $264.7K | 1,000 | flat | 2q | HELD | |
| PROCTER & GAMBLE CO | PG | $257.5K | 1,756 | -0.01pp | 15q | HELD | |
| MCKESSON CORP | MCK | $256.9K | 340 | -0.03pp | 2q | HELD | |
| GE AEROSPACE | GE | $255.7K | 684 | - | new | NEW | |
| TEXAS INSTRS INC | TXN | $251.9K | 845 | - | new | NEW | |
| WISDOMTREE TR | HEDJ | $250.5K | 4,395 | flat | 6q | HELD | |
| SANDISK CORP | SNDK | $245.6K | 108 | - | new | NEW | |
| J P MORGAN EXCHANGE TRADED F | JEPQ | $243.3K | 3,958 | flat | 4q | +4.8%+$11.2K | |
| CURTISS WRIGHT CORP | CW | $242.5K | 320 | flat | 2q | HELD | |
| ISHARES GOLD TR | IAU | $239.2K | 3,168 | -0.03pp | 4q | -1.1%-$2.6K | |
| ISHARES TR | IWD | $232.8K | 960 | flat | 3q | HELD | |
| ISHARES TR | HYG | $230.9K | 2,886 | -0.01pp | 5q | +5.2%+$11.4K | |
| VANGUARD INSTL INDEX FD | VBIL | $225.0K | 2,973 | - | new | NEW | |
| MASTEC INC | MTZ | $222.2K | 534 | - | new | NEW | |
| ISHARES TR | DVY | $222.0K | 1,420 | -0.01pp | 8q | -6.1%-$14.5K | |
| SEMPRA | SRE | $217.9K | 2,350 | -0.02pp | 4q | HELD | |
| CHEVRON CORPORATION | CVX | $216.0K | 1,303 | -0.03pp | 2q | +5.8%+$11.8K | |
| TJX COS INC NEW | TJX | $215.0K | 1,419 | -0.01pp | 3q | +6.2%+$12.6K | |
| INVESCO EXCH TRADED FD TR II | BKLN | $214.5K | 10,529 | -0.01pp | 16q | -1.6%-$3.6K | |
| INVESCO EXCH TRD SLF IDX FD | BSJV | $211.7K | 8,065 | -0.01pp | 3q | HELD | |
| SPDR SERIES TRUST | XBI | $208.6K | 1,318 | - | new | NEW | |
| WESTERN DIGITAL CORP | WDC | $208.2K | 326 | - | new | NEW | |
| VANECK ETF TRUST | BBH | $204.5K | 1,006 | - | new | NEW | |
| PIMCO ETF TR | BOND | $203.6K | 2,208 | - | new | NEW | |
| J P MORGAN EXCHANGE TRADED F | JMHI | $202.7K | 4,003 | - | new | NEW | |
| VANGUARD MUN BD FDS | VTEB | $202.7K | 4,007 | - | new | NEW | |
| VANGUARD TAX-MANAGED FDS | VEA | $201.4K | 2,826 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Software & IT Services | $13.5M | 5.0% |
| Computer Hardware | $11.4M | 4.2% |
| Funds & ETFs | $8.4M | 3.1% |
| Semiconductors & Electronics | $7.8M | 2.9% |
| Retail & Consumer | $6.4M | 2.4% |
| Other sectors | $12.1M | 4.5% |
| Not classified | $210.8M | 77.9% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $270.5M | 156 | 14 | 62 | 48 | 0 | 34.3% | 21 |
| Q1 2026 | $237.6M | 142 | 12 | 64 | 36 | 4 | 34.7% | 41 |
| Q4 2025 | $229.0M | 134 | 9 | 48 | 51 | 6 | 36.6% | 29 |
| Q3 2025 | $217.5M | 131 | 13 | 48 | 32 | 3 | 37.2% | 34 |
| Q2 2025 | $197.9M | 121 | 10 | 33 | 38 | 4 | 38.2% | 42 |
| Q1 2025 | $179.4M | 115 | 5 | 22 | 49 | 6 | 39.5% | 43 |
| Q4 2024 | $184.8M | 116 | 8 | 52 | 32 | 4 | 40.8% | 30 |
| Q3 2024 | $171.8M | 112 | 21 | 31 | 33 | 2 | 41.2% | 39 |
| Q2 2024 | $126.8M | 93 | 2 | 40 | 18 | 13 | 49.0% | 33 |
| Q1 2024 | $123.0M | 104 | 9 | 30 | 39 | 5 | 48.1% | 36 |
| Q4 2023 | $119.7M | 100 | 10 | 22 | 41 | 5 | 47.9% | 38 |
| Q3 2023 | $108.5M | 95 | 0 | 17 | 44 | 7 | 48.7% | 32 |
| Q2 2023 | $115.3M | 102 | 1 | 12 | 57 | 7 | 47.9% | 32 |
| Q1 2023 | $119.9M | 108 | 7 | 14 | 47 | 10 | 44.3% | 34 |
| Q4 2022 | $121.9M | 111 | 9 | 25 | 62 | 12 | 41.7% | 26 |
| Q3 2022 | $141.2M | 114 | 55 | 36 | 14 | 3 | 41.6% | 32 |
| Q2 2022 | $94.4M | 62 | 4 | 2 | 41 | 74 | 58.7% | 40 |
| Q1 2022 | $183.6M | 132 | 8 | 52 | 39 | 6 | 39.8% | 20 |
| Q4 2021 | $189.6M | 130 | 7 | 47 | 45 | 4 | 39.8% | 18 |
| Q3 2021 | $178.9M | 127 | 2 | 32 | 48 | 3 | 38.1% | 19 |
| Q2 2021 | $181.8M | 128 | 4 | 63 | 28 | 1 | 38.3% | 27 |
| Q1 2021 | $171.1M | 125 | 4 | 57 | 36 | 2 | 38.1% | 23 |
| Q4 2020 | $160.4M | 123 | 6 | 53 | 52 | 0 | 39.3% | 33 |
| Q3 2020 | $140.3M | 117 | 12 | 34 | 59 | 4 | 39.0% | 29 |
| Q2 2020 | $122.5M | 109 | 14 | 43 | 42 | 2 | 37.8% | 34 |
| Q1 2020 | $95.2M | 97 | 3 | 47 | 34 | 418 | 40.5% | 34 |
| Q4 2019 | $119.8M | 512 | 0 | 0 | 0 | 0 | 38.8% | 36 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.