# DAHRING | CUSMANO LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2053669. Source: https://holderbook.com/funds/2053669-dahring-cusmano-llc/

- Reported value: $189.6M
- Positions: 62
- Weight of the ten largest: 65.4%
- Filed: 2026-07-28

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/) | $20.0M | 755,064 | 10.6% | 7 |
| FIDELITY COVINGTON TRUST | [FFLC](https://holderbook.com/stocks/FFLC/) | $18.0M | 305,028 | 9.5% | 7 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $15.8M | 468,147 | 8.4% | 7 |
| FIDELITY COVINGTON TRUST | [FESM](https://holderbook.com/stocks/FESM/) | $15.4M | 319,007 | 8.1% | 7 |
| VANGUARD MALVERN FDS | [VGMS](https://holderbook.com/stocks/VGMS/) | $11.5M | 223,917 | 6.1% | 4 |
| SCHWAB STRATEGIC TR | [SCYB](https://holderbook.com/stocks/SCYB/) | $10.0M | 383,073 | 5.3% | 4 |
| FIDELITY COVINGTON TRUST | [FENI](https://holderbook.com/stocks/FENI/) | $9.4M | 235,336 | 5.0% | 7 |
| CAPITAL GROUP DIVIDEND VALUE | [CGDV](https://holderbook.com/stocks/CGDV/) | $8.8M | 178,611 | 4.6% | 2 |
| FIDELITY COVINGTON TRUST | [FBCG](https://holderbook.com/stocks/FBCG/) | $8.7M | 140,399 | 4.6% | 7 |
| PIMCO EQUITY SER | [MFEM](https://holderbook.com/stocks/MFEM/) | $6.2M | 221,077 | 3.3% | 2 |
| FIDELITY COVINGTON TRUST | [FTEC](https://holderbook.com/stocks/FTEC/) | $4.7M | 16,423 | 2.5% | 7 |
| FIDELITY COVINGTON TRUST | [FDVV](https://holderbook.com/stocks/FDVV/) | $4.5M | 75,141 | 2.4% | 4 |
| T ROWE PRICE EXCHANGE-TRADED | [TSPA](https://holderbook.com/stocks/TSPA/) | $3.8M | 80,479 | 2.0% | 7 |
| INVESCO EXCHANGE TRADED FD T | [XMHQ](https://holderbook.com/stocks/XMHQ/) | $3.7M | 33,169 | 2.0% | 7 |
| CAPITAL GROUP CORE BALANCED | [CGBL](https://holderbook.com/stocks/CGBL/) | $3.6M | 94,996 | 1.9% | 7 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $3.6M | 10,452 | 1.9% | 7 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $3.4M | 45,596 | 1.8% | 7 |
| FIDELITY MERRIMACK STR TR | [FBND](https://holderbook.com/stocks/FBND/) | $2.9M | 63,583 | 1.5% | 7 |
| SCHWAB STRATEGIC TR | [FNDF](https://holderbook.com/stocks/FNDF/) | $2.9M | 54,380 | 1.5% | 2 |
| VANGUARD MALVERN FDS | [VPLS](https://holderbook.com/stocks/VPLS/) | $2.7M | 35,188 | 1.4% | 2 |
| T ROWE PRICE EXCHANGE-TRADED | [TBUX](https://holderbook.com/stocks/TBUX/) | $2.7M | 54,309 | 1.4% | 7 |
| FIDELITY COVINGTON TRUST | [FFSM](https://holderbook.com/stocks/FFSM/) | $2.6M | 67,672 | 1.4% | 2 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $2.2M | 7,343 | 1.2% | 7 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $1.9M | 37,078 | 1.0% | 2 |
| T ROWE PRICE EXCHANGE-TRADED | [TMSL](https://holderbook.com/stocks/TMSL/) | $1.8M | 41,633 | 1.0% | 7 |
| T ROWE PRICE ETF INC | [TFNS](https://holderbook.com/stocks/TFNS/) | $1.1M | 38,824 | 0.6% | 2 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $1.0M | 2,857 | 0.6% | 7 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $997.2K | 8,381 | 0.5% | 7 |
| PIMCO ETF TR | [MINO](https://holderbook.com/stocks/MINO/) | $973.4K | 21,273 | 0.5% | 7 |
| VANGUARD WORLD FD | [VDE](https://holderbook.com/stocks/VDE/) | $853.2K | 5,683 | 0.4% | 2 |
| T ROWE PRICE EXCHANGE-TRADED | [TCAF](https://holderbook.com/stocks/TCAF/) | $807.2K | 19,641 | 0.4% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $724.7K | 2,505 | 0.4% | 7 |
| T ROWE PRICE EXCHANGE-TRADED | [TFLR](https://holderbook.com/stocks/TFLR/) | $720.3K | 14,288 | 0.4% | 7 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $689.0K | 1,847 | 0.4% | 7 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $684.4K | 571 | 0.4% | 7 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $672.7K | 2,843 | 0.4% | 7 |
| SCHWAB STRATEGIC TR | [FNDX](https://holderbook.com/stocks/FNDX/) | $619.0K | 19,905 | 0.3% | 7 |
| FIDELITY COVINGTON TRUST | [FDEM](https://holderbook.com/stocks/FDEM/) | $555.0K | 15,275 | 0.3% | 7 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $535.3K | 1,766 | 0.3% | 7 |
| LITMAN GREGORY FDS TR | [DBMF](https://holderbook.com/stocks/DBMF/) | $510.5K | 16,678 | 0.3% | 2 |
| PIMCO ETF TR | [CMDT](https://holderbook.com/stocks/CMDT/) | $495.3K | 16,149 | 0.3% | 2 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $494.8K | 3,131 | 0.3% | 7 |
| VANGUARD WORLD FD | [MGK](https://holderbook.com/stocks/MGK/) | $448.3K | 5,099 | 0.2% | 7 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $448.1K | 3,609 | 0.2% | 7 |
| FRANKLIN TEMPLETON ETF TR | [FLSP](https://holderbook.com/stocks/FLSP/) | $422.7K | 15,266 | 0.2% | 2 |
| DTE ENERGY CO | [DTE](https://holderbook.com/stocks/DTE/) | $410.1K | 2,692 | 0.2% | 7 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $384.2K | 1,043 | 0.2% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $363.5K | 1,525 | 0.2% | 7 |
| WEC ENERGY GROUP INC | [WEC](https://holderbook.com/stocks/WEC/) | $356.9K | 3,056 | 0.2% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $341.0K | 1,704 | 0.2% | 7 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $318.0K | 2,807 | 0.2% | 7 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $304.1K | 413 | 0.2% | 7 |
| ISHARES TR | [ISCG](https://holderbook.com/stocks/ISCG/) | $284.6K | 4,343 | 0.2% | 1 |
| ISHARES TR | [IMCG](https://holderbook.com/stocks/IMCG/) | $266.1K | 2,707 | 0.1% | 7 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $259.0K | 9,351 | 0.1% | 4 |
| ISHARES TR | [HYDB](https://holderbook.com/stocks/HYDB/) | $247.8K | 5,298 | 0.1% | 7 |
| FORD MTR CO | [F](https://holderbook.com/stocks/F/) | $221.1K | 15,906 | 0.1% | 7 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $217.4K | 1,590 | 0.1% | 2 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $210.0K | 596 | 0.1% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $210.0K | 588 | 0.1% | 1 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $206.4K | 1,871 | 0.1% | 1 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $200.8K | 828 | 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 | +10.3% | +14.8% | -4.5% | 99% |
| Q1 2026 | -3.1% | -4.6% | +1.5% | 100% |
| Q4 2025 | +1.4% | +2.4% | -0.9% | 100% |
| Q3 2025 | +6.2% | +7.8% | -1.6% | 100% |
| Q2 2025 | +7.3% | +10.5% | -3.1% | 100% |
| Q1 2025 | -2.5% | -4.6% | +2.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $189.6M | 62 |
| Q1 2026 | $162.7M | 58 |
| Q4 2025 | $143.8M | 49 |
| Q3 2025 | $138.4M | 53 |
| Q2 2025 | $128.3M | 55 |
| Q1 2025 | $116.1M | 55 |
| Q4 2024 | $110.3M | 61 |