# Carbahal Olsen Financial Services Group, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2052538. Source: https://holderbook.com/funds/2052538-carbahal-olsen-financial-services-group-llc/

- Reported value: $144.0M
- Positions: 40
- Weight of the ten largest: 89.8%
- Filed: 2026-08-14

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 |
|---|---|---|---|---|---|
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $36.3M | 48,420 | 25.2% | 7 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $20.4M | 27,747 | 14.2% | 7 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $18.4M | 133,884 | 12.8% | 7 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $15.3M | 157,951 | 10.6% | 7 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $11.7M | 118,579 | 8.1% | 7 |
| FIDELITY COVINGTON TRUST | [FDVV](https://holderbook.com/stocks/FDVV/) | $7.9M | 130,417 | 5.5% | 7 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $7.0M | 30,742 | 4.8% | 7 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $5.8M | 14,625 | 4.0% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.5M | 15,656 | 3.1% | 7 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $2.1M | 13,271 | 1.4% | 7 |
| FIRST NORTHN CMNTY BANCORP | [FNRN](https://holderbook.com/stocks/FNRN/) | $1.2M | 68,288 | 0.9% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.2M | 2,384 | 0.8% | 7 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $1.2M | 5,242 | 0.8% | 7 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $965.0K | 1,000 | 0.7% | 4 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $676.3K | 1,587 | 0.5% | 7 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $662.5K | 1,776 | 0.5% | 7 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $616.5K | 514 | 0.4% | 7 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $581.8K | 546 | 0.4% | 6 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $579.1K | 800 | 0.4% | 7 |
| ISHARES TR | [IBB](https://holderbook.com/stocks/IBB/) | $568.6K | 2,989 | 0.4% | 7 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $559.2K | 3,770 | 0.4% | 7 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $547.3K | 2,155 | 0.4% | 7 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $487.4K | 11,443 | 0.3% | 7 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $465.0K | 2,831 | 0.3% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $403.1K | 2,014 | 0.3% | 7 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $375.9K | 2,975 | 0.3% | 7 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $356.6K | 1,417 | 0.2% | 7 |
| SEI INVTS CO | [SEIC](https://holderbook.com/stocks/SEIC/) | $350.8K | 4,000 | 0.2% | 7 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $312.3K | 2,130 | 0.2% | 7 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $302.5K | 3,660 | 0.2% | 7 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $285.6K | 1,723 | 0.2% | 7 |
| OKLO INC | [OKLO](https://holderbook.com/stocks/OKLO/) | $261.6K | 5,000 | 0.2% | 5 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $252.4K | 12,192 | 0.2% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $241.1K | 428 | 0.2% | 7 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $233.6K | 2,712 | 0.2% | 1 |
| INVESCO EXCH TRADED FD TR II | [RWL](https://holderbook.com/stocks/RWL/) | $226.6K | 1,774 | 0.2% | 2 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $223.9K | 605 | 0.2% | 1 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $214.6K | 1,499 | 0.1% | 1 |
| ATMOS ENERGY CORP | [ATO](https://holderbook.com/stocks/ATO/) | $206.7K | 1,200 | 0.1% | 4 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $200.5K | 713 | 0.1% | 1 |

## 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 | +14.8% | +14.8% | +0.0% | 100% |
| Q1 2026 | -3.5% | -4.6% | +1.2% | 100% |
| Q4 2025 | +1.9% | +2.4% | -0.4% | 100% |
| Q3 2025 | +7.5% | +7.8% | -0.3% | 100% |
| Q2 2025 | +9.8% | +10.5% | -0.6% | 100% |
| Q1 2025 | -3.3% | -4.6% | +1.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $144.0M | 40 |
| Q1 2026 | $125.1M | 37 |
| Q4 2025 | $130.3M | 42 |
| Q3 2025 | $124.6M | 37 |
| Q2 2025 | $117.3M | 36 |
| Q1 2025 | $105.3M | 34 |
| Q4 2024 | $108.4M | 34 |