# NOVEM GROUP

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1926783. Source: https://holderbook.com/funds/1926783-novem-group/

- Reported value: $987.9M
- Positions: 437
- Weight of the ten largest: 25.9%
- Filed: 2026-07-21

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 |
|---|---|---|---|---|---|
| PIMCO ETF TR | [PYLD](https://holderbook.com/stocks/PYLD/) | $41.7M | 1,573,225 | 4.2% | 7 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $40.3M | 1,192,374 | 4.1% | 7 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $28.3M | 321,777 | 2.9% | 7 |
| FIDELITY COVINGTON TRUST | [FFLC](https://holderbook.com/stocks/FFLC/) | $27.4M | 465,338 | 2.8% | 7 |
| PIMCO ETF TR | [BOND](https://holderbook.com/stocks/BOND/) | $22.6M | 245,552 | 2.3% | 7 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $19.9M | 826,202 | 2.0% | 7 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $19.6M | 227,982 | 2.0% | 7 |
| ISHARES TR | [FALN](https://holderbook.com/stocks/FALN/) | $18.7M | 687,045 | 1.9% | 7 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $18.5M | 85,113 | 1.9% | 7 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $18.3M | 300,595 | 1.8% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $17.9M | 61,894 | 1.8% | 7 |
| PIMCO ETF TR | [MINT](https://holderbook.com/stocks/MINT/) | $17.8M | 176,273 | 1.8% | 7 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $15.7M | 99,238 | 1.6% | 7 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $15.6M | 20,874 | 1.6% | 7 |
| PIMCO ETF TR | [CORP](https://holderbook.com/stocks/CORP/) | $15.2M | 156,839 | 1.5% | 7 |
| ISHARES TR | [IBDS](https://holderbook.com/stocks/IBDS/) | $14.2M | 588,288 | 1.4% | 7 |
| ISHARES TR | [IBDT](https://holderbook.com/stocks/IBDT/) | $14.2M | 563,458 | 1.4% | 4 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $13.8M | 58,462 | 1.4% | 7 |
| PGIM ETF TR | [PTRB](https://holderbook.com/stocks/PTRB/) | $10.5M | 253,952 | 1.1% | 7 |
| J P MORGAN EXCHANGE TRADED F | [JPEF](https://holderbook.com/stocks/JPEF/) | $10.4M | 128,961 | 1.0% | 7 |
| CAPITAL GROUP GBL GROWTH EQT | [CGGO](https://holderbook.com/stocks/CGGO/) | $9.9M | 233,427 | 1.0% | 5 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $9.1M | 23,978 | 0.9% | 7 |
| CAPITAL GROUP DIVIDEND VALUE | [CGDV](https://holderbook.com/stocks/CGDV/) | $8.9M | 180,725 | 0.9% | 7 |
| FIDELITY COVINGTON TRUST | [FFSM](https://holderbook.com/stocks/FFSM/) | $8.7M | 227,274 | 0.9% | 2 |
| SCHWAB STRATEGIC TR | [FNDX](https://holderbook.com/stocks/FNDX/) | $8.4M | 269,946 | 0.8% | 7 |
| RBB FUND TRUST | [FEGE](https://holderbook.com/stocks/FEGE/) | $8.2M | 167,496 | 0.8% | 4 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $8.0M | 58,379 | 0.8% | 7 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $7.7M | 153,375 | 0.8% | 7 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $7.3M | 64,091 | 0.7% | 7 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $7.2M | 56,016 | 0.7% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $7.1M | 33,419 | 0.7% | 7 |
| BLACKROCK ETF TRUST | [DYNF](https://holderbook.com/stocks/DYNF/) | $6.9M | 101,472 | 0.7% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $6.8M | 20,907 | 0.7% | 7 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $6.7M | 22,418 | 0.7% | 7 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $6.5M | 17,333 | 0.7% | 7 |
| ISHARES TR | [IJJ](https://holderbook.com/stocks/IJJ/) | $6.4M | 43,367 | 0.6% | 7 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $5.9M | 19,552 | 0.6% | 7 |
| FIRST TR EXCHNG TRADED FD VI | [DLFE](https://holderbook.com/stocks/DLFE/) | $5.7M | 179,795 | 0.6% | 1 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $5.6M | 54,032 | 0.6% | 7 |
| ETF SER SOLUTIONS | [QTUM](https://holderbook.com/stocks/QTUM/) | $5.6M | 33,808 | 0.6% | 4 |
| GLOBAL X FDS | [AIQ](https://holderbook.com/stocks/AIQ/) | $5.6M | 85,194 | 0.6% | 7 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $5.4M | 14,901 | 0.5% | 7 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $5.3M | 22,128 | 0.5% | 7 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $5.0M | 64,790 | 0.5% | 7 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $5.0M | 26,820 | 0.5% | 7 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $4.7M | 24,977 | 0.5% | 1 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $4.7M | 34,872 | 0.5% | 7 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $4.7M | 18,989 | 0.5% | 7 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $4.7M | 5,646 | 0.5% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $4.6M | 9,228 | 0.5% | 7 |
| FIRST TR EXCHNG TRADED FD VI | [FDEC](https://holderbook.com/stocks/FDEC/) | $4.5M | 82,353 | 0.5% | 7 |
| SPDR INDEX SHS FDS | [CWI](https://holderbook.com/stocks/CWI/) | $4.5M | 109,572 | 0.5% | 7 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $4.4M | 28,773 | 0.4% | 7 |
| NXP SEMICONDUCTORS N V | [NXPI](https://holderbook.com/stocks/NXPI/) | $4.4M | 15,526 | 0.4% | 7 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $4.4M | 52,683 | 0.4% | 7 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $4.3M | 29,628 | 0.4% | 7 |
| ISHARES TR | [SMLF](https://holderbook.com/stocks/SMLF/) | $4.2M | 46,922 | 0.4% | 5 |
| SCHWAB STRATEGIC TR | [FNDF](https://holderbook.com/stocks/FNDF/) | $4.1M | 76,828 | 0.4% | 7 |
| CAPITAL GRP FIXED INCM ETF T | [CGMS](https://holderbook.com/stocks/CGMS/) | $4.0M | 145,056 | 0.4% | 7 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $3.9M | 27,306 | 0.4% | 7 |
| FIRST TR EXCHNG TRADED FD VI | [BUFR](https://holderbook.com/stocks/BUFR/) | $3.9M | 105,778 | 0.4% | 7 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $3.7M | 64,002 | 0.4% | 4 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $3.7M | 164,220 | 0.4% | 7 |
| BLACKROCK ETF TRUST | [BAI](https://holderbook.com/stocks/BAI/) | $3.7M | 70,182 | 0.4% | 2 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $3.7M | 9,997 | 0.4% | 7 |
| WISDOMTREE TR | [USFR](https://holderbook.com/stocks/USFR/) | $3.7M | 73,091 | 0.4% | 7 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $3.6M | 68,581 | 0.4% | 7 |
| FIRST TR EXCHANGE-TRADED FD | [TDIV](https://holderbook.com/stocks/TDIV/) | $3.6M | 31,192 | 0.4% | 5 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $3.6M | 4,944 | 0.4% | 5 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $3.6M | 26,246 | 0.4% | 7 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $3.4M | 11,379 | 0.3% | 7 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $3.4M | 4,938 | 0.3% | 7 |
| J P MORGAN EXCHANGE TRADED F | [JQUA](https://holderbook.com/stocks/JQUA/) | $3.3M | 45,728 | 0.3% | 7 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $3.3M | 65,016 | 0.3% | 7 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $3.3M | 11,644 | 0.3% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $3.2M | 13,624 | 0.3% | 7 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $3.1M | 9,149 | 0.3% | 2 |
| BUNGE GLOBAL SA | [BG](https://holderbook.com/stocks/BG/) | $3.1M | 28,683 | 0.3% | 1 |
| FIDELITY COVINGTON TRUST | [FSMD](https://holderbook.com/stocks/FSMD/) | $3.0M | 57,696 | 0.3% | 5 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $3.0M | 20,482 | 0.3% | 7 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $3.0M | 8,736 | 0.3% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.0M | 8,258 | 0.3% | 7 |
| INVESCO EXCH TRADED FD TR II | [QQQJ](https://holderbook.com/stocks/QQQJ/) | $2.9M | 63,650 | 0.3% | 7 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $2.8M | 29,149 | 0.3% | 7 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.8M | 23,800 | 0.3% | 7 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.7M | 3,689 | 0.3% | 7 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $2.7M | 38,119 | 0.3% | 7 |
| CAPITAL GRP FIXED INCM ETF T | [CGMU](https://holderbook.com/stocks/CGMU/) | $2.6M | 95,919 | 0.3% | 7 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $2.6M | 7,049 | 0.3% | 7 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.6M | 7,416 | 0.3% | 7 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $2.6M | 6,029 | 0.3% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.6M | 4,603 | 0.3% | 7 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $2.5M | 5,279 | 0.3% | 7 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $2.4M | 4,680 | 0.2% | 7 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $2.3M | 950 | 0.2% | 7 |
| VANGUARD SCOTTSDALE FDS | [VTWO](https://holderbook.com/stocks/VTWO/) | $2.3M | 18,659 | 0.2% | 7 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $2.2M | 8,784 | 0.2% | 7 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $2.2M | 14,174 | 0.2% | 1 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.2M | 15,898 | 0.2% | 7 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $2.1M | 1,672 | 0.2% | 7 |

## 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 | +9.6% | +14.8% | -5.2% | 98% |
| Q1 2026 | -1.8% | -4.6% | +2.9% | 98% |
| Q4 2025 | +1.4% | +2.4% | -0.9% | 97% |
| Q3 2025 | +6.0% | +7.8% | -1.8% | 95% |
| Q2 2025 | +6.8% | +10.5% | -3.6% | 95% |
| Q1 2025 | -2.2% | -4.6% | +2.4% | 94% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $987.9M | 437 |
| Q1 2026 | $873.1M | 424 |
| Q4 2025 | $869.7M | 406 |
| Q3 2025 | $854.0M | 399 |
| Q2 2025 | $793.9M | 389 |
| Q1 2025 | $712.6M | 354 |
| Q4 2024 | $686.4M | 361 |