# Houlihan Financial Resource Group, Ltd.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1802879. Source: https://holderbook.com/funds/1802879-houlihan-financial-resource-group-ltd/

- Reported value: $280.6M
- Positions: 113
- Weight of the ten largest: 41.7%
- Filed: 2026-08-10

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 |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $30.0M | 40,133 | 10.7% | 19 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $14.7M | 99,184 | 5.2% | 8 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $13.7M | 38,278 | 4.9% | 19 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $11.7M | 231,209 | 4.2% | 19 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $10.9M | 135,089 | 3.9% | 8 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $8.4M | 110,498 | 3.0% | 19 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $7.7M | 10,326 | 2.8% | 8 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $6.8M | 28,485 | 2.4% | 12 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $6.8M | 86,654 | 2.4% | 8 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $6.3M | 16,843 | 2.2% | 8 |
| J P MORGAN EXCHANGE TRADED F | [JCPB](https://holderbook.com/stocks/JCPB/) | $5.9M | 125,465 | 2.1% | 11 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $5.9M | 38,635 | 2.1% | 19 |
| ISHARES TR | [IBDT](https://holderbook.com/stocks/IBDT/) | $5.8M | 230,329 | 2.1% | 12 |
| ISHARES TR | [IBDS](https://holderbook.com/stocks/IBDS/) | $5.8M | 238,729 | 2.1% | 14 |
| ISHARES TR | [IBDU](https://holderbook.com/stocks/IBDU/) | $5.4M | 232,703 | 1.9% | 12 |
| ISHARES TR | [IBDR](https://holderbook.com/stocks/IBDR/) | $5.4M | 222,124 | 1.9% | 16 |
| ISHARES TR | [HDV](https://holderbook.com/stocks/HDV/) | $5.2M | 188,448 | 1.8% | 19 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $4.8M | 39,746 | 1.7% | 19 |
| ISHARES TR | [IBDV](https://holderbook.com/stocks/IBDV/) | $4.7M | 216,089 | 1.7% | 9 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $4.7M | 54,227 | 1.7% | 8 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $4.6M | 6,475 | 1.6% | 19 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $4.0M | 20,331 | 1.4% | 8 |
| ISHARES TR | [IBDW](https://holderbook.com/stocks/IBDW/) | $3.9M | 186,267 | 1.4% | 5 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.8M | 13,209 | 1.4% | 12 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $3.8M | 39,311 | 1.4% | 19 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $3.8M | 11,019 | 1.3% | 19 |
| BLACKROCK ETF TRUST | [DYNF](https://holderbook.com/stocks/DYNF/) | $3.8M | 55,450 | 1.3% | 5 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $3.8M | 7,318 | 1.3% | 19 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $3.6M | 16,329 | 1.3% | 5 |
| ISHARES TR | [IBDX](https://holderbook.com/stocks/IBDX/) | $3.3M | 132,540 | 1.2% | 3 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $3.3M | 108,482 | 1.2% | 8 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $3.2M | 33,493 | 1.2% | 8 |
| ISHARES TR | [IGM](https://holderbook.com/stocks/IGM/) | $2.8M | 17,302 | 1.0% | 8 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $2.6M | 33,617 | 0.9% | 8 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $2.5M | 45,023 | 0.9% | 5 |
| PROFESIONALLY MANAGED PORTFO | [AKRE](https://holderbook.com/stocks/AKRE/) | $2.3M | 44,125 | 0.8% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.3M | 11,378 | 0.8% | 13 |
| VANGUARD WORLD FD | [VDC](https://holderbook.com/stocks/VDC/) | $1.9M | 8,283 | 0.7% | 19 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.8M | 7,271 | 0.7% | 8 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $1.8M | 6,159 | 0.7% | 19 |
| VANGUARD WORLD FD | [VCR](https://holderbook.com/stocks/VCR/) | $1.8M | 4,535 | 0.6% | 19 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $1.7M | 10,668 | 0.6% | 19 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $1.7M | 52,207 | 0.6% | 19 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.5M | 4,175 | 0.5% | 19 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $1.5M | 18,697 | 0.5% | 19 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $1.3M | 7,052 | 0.5% | 19 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.3M | 3,559 | 0.4% | 13 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.2M | 21,137 | 0.4% | 12 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $1.2M | 13,283 | 0.4% | 5 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $1.2M | 3,291 | 0.4% | 12 |
| WEBSTER FINL CORP | [WBS](https://holderbook.com/stocks/WBS/) | $1.2M | 15,575 | 0.4% | 3 |
| ISHARES TR | [IJJ](https://holderbook.com/stocks/IJJ/) | $1.1M | 7,727 | 0.4% | 8 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $1.0M | 2,752 | 0.4% | 3 |
| ISHARES TR | [IWV](https://holderbook.com/stocks/IWV/) | $991.0K | 2,324 | 0.4% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $978.5K | 1,046 | 0.3% | 3 |
| VANGUARD WORLD FD | [VFH](https://holderbook.com/stocks/VFH/) | $957.5K | 7,276 | 0.3% | 19 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $929.7K | 3,305 | 0.3% | 8 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $899.3K | 10,881 | 0.3% | 19 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $838.2K | 1,675 | 0.3% | 12 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $825.2K | 2,257 | 0.3% | 8 |
| CORTEVA INC | [CTVA](https://holderbook.com/stocks/CTVA/) | $777.7K | 9,183 | 0.3% | 3 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $766.9K | 5,609 | 0.3% | 19 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $757.6K | 1,850 | 0.3% | 3 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $737.9K | 6,515 | 0.3% | 8 |
| BALL CORP | [BALL](https://holderbook.com/stocks/BALL/) | $689.7K | 11,053 | 0.2% | 12 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $686.8K | 1,856 | 0.2% | 3 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $677.0K | 4,084 | 0.2% | 8 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $669.8K | 629 | 0.2% | 3 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $662.2K | 11,228 | 0.2% | 19 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $634.9K | 4,330 | 0.2% | 8 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $615.9K | 4,202 | 0.2% | 19 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $599.7K | 500 | 0.2% | 8 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $590.8K | 8,651 | 0.2% | 3 |
| QNITY ELECTRONICS INC | [Q](https://holderbook.com/stocks/Q/) | $580.7K | 3,556 | 0.2% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $561.4K | 1,715 | 0.2% | 19 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $549.9K | 12,988 | 0.2% | 19 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $543.2K | 4,227 | 0.2% | 3 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $525.3K | 4,472 | 0.2% | 3 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $509.8K | 976 | 0.2% | 3 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $480.5K | 3,441 | 0.2% | 1 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $451.6K | 1,335 | 0.2% | 3 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $443.8K | 5,755 | 0.2% | 3 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $426.9K | 1,015 | 0.2% | 17 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $420.9K | 3,846 | 0.1% | 3 |
| VANGUARD WORLD FD | [VPU](https://holderbook.com/stocks/VPU/) | $417.6K | 2,134 | 0.1% | 19 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $407.9K | 554 | 0.1% | 11 |
| ISHARES TR | [IHI](https://holderbook.com/stocks/IHI/) | $406.1K | 8,220 | 0.1% | 3 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $394.8K | 2,916 | 0.1% | 3 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $377.6K | 3,513 | 0.1% | 3 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $373.6K | 2,610 | 0.1% | 3 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $358.8K | 960 | 0.1% | 3 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $358.0K | 879 | 0.1% | 3 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $357.8K | 310 | 0.1% | 1 |
| ARK ETF TR | [ARKK](https://holderbook.com/stocks/ARKK/) | $353.7K | 4,376 | 0.1% | 3 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $337.3K | 1,370 | 0.1% | 3 |
| OMNICOM GROUP INC | [OMC](https://holderbook.com/stocks/OMC/) | $327.7K | 4,500 | 0.1% | 3 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $326.9K | 1,202 | 0.1% | 8 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $324.8K | 921 | 0.1% | 8 |
| DUPONT DE NEMOURS INC | - | $317.0K | 2,337 | 0.1% | 1 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $287.3K | 2,984 | 0.1% | 8 |

## 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 2026 | +9.0% | +14.8% | -5.8% | 96% |
| Q1 2026 | -3.1% | -4.6% | +1.6% | 95% |
| Q4 2025 | +2.3% | +2.4% | -0.0% | 94% |
| Q3 2025 | +5.6% | +7.8% | -2.2% | 92% |
| Q2 2025 | +6.0% | +10.5% | -4.5% | 92% |
| Q1 2025 | -3.3% | -4.6% | +1.3% | 92% |
| Q4 2024 | +0.9% | +2.1% | -1.3% | 90% |
| Q3 2024 | +5.0% | +5.4% | -0.4% | 84% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $280.6M | 113 |
| Q1 2026 | $256.6M | 109 |
| Q4 2025 | $263.0M | 107 |
| Q3 2025 | $113.9M | 72 |
| Q2 2025 | $241.2M | 107 |
| Q1 2025 | $222.6M | 103 |
| Q4 2024 | $234.6M | 102 |
| Q3 2024 | $241.8M | 107 |
| Q2 2024 | $146.6M | 62 |
| Q1 2024 | $222.9M | 102 |
| Q4 2023 | $206.2M | 100 |
| Q3 2023 | $186.8M | 94 |