# Silver Grove Financial Group, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2111172. Source: https://holderbook.com/funds/2111172-silver-grove-financial-group-inc/

- Reported value: $184.8M
- Positions: 2,450
- Weight of the ten largest: 30.0%
- Filed: 2026-08-13

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 |
|---|---|---|---|---|---|
| NORTHERN LTS FD TR IV | [SECT](https://holderbook.com/stocks/SECT/) | $11.7M | 162,820 | 6.3% | 4 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $8.7M | 12,627 | 4.7% | 4 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $5.7M | 57,694 | 3.1% | 4 |
| ADVISORS INNER CIRCLE FD II | [EDGF](https://holderbook.com/stocks/EDGF/) | $5.7M | 231,440 | 3.1% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $5.6M | 27,861 | 3.0% | 4 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $5.1M | 17,581 | 2.8% | 4 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $4.3M | 5,857 | 2.3% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.3M | 8,884 | 1.8% | 4 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.7M | 11,323 | 1.5% | 4 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $2.7M | 3,588 | 1.5% | 4 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.6M | 7,403 | 1.4% | 4 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.0M | 5,337 | 1.1% | 4 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $2.0M | 18,247 | 1.1% | 4 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $1.9M | 14,127 | 1.1% | 4 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $1.8M | 25,078 | 1.0% | 4 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $1.7M | 7,703 | 0.9% | 4 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $1.6M | 21,525 | 0.9% | 4 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.6M | 4,432 | 0.8% | 4 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.5M | 2,652 | 0.8% | 4 |
| ADVISORS INNER CIRCLE FD II | [EDGH](https://holderbook.com/stocks/EDGH/) | $1.5M | 45,926 | 0.8% | 4 |
| DIMENSIONAL ETF TRUST | [DFAI](https://holderbook.com/stocks/DFAI/) | $1.5M | 35,320 | 0.8% | 4 |
| FIRST TR EXCHANGE-TRADED FD | [SDVY](https://holderbook.com/stocks/SDVY/) | $1.4M | 33,064 | 0.8% | 4 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $1.4M | 16,210 | 0.7% | 4 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.3M | 2,637 | 0.7% | 4 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.3M | 1,766 | 0.7% | 4 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.3M | 4,014 | 0.7% | 4 |
| FIRST TR EXCHANGE-TRADED FD | [FTCB](https://holderbook.com/stocks/FTCB/) | $1.3M | 62,700 | 0.7% | 4 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $1.3M | 15,120 | 0.7% | 4 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.3M | 3,056 | 0.7% | 4 |
| ADVISORS INNER CIRCLE FD II | [EDGU](https://holderbook.com/stocks/EDGU/) | $1.3M | 40,137 | 0.7% | 4 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $1.3M | 5,770 | 0.7% | 4 |
| ISHARES TR | [USHY](https://holderbook.com/stocks/USHY/) | $1.3M | 33,778 | 0.7% | 4 |
| NORTHERN LTS FD TR IV | [BUYW](https://holderbook.com/stocks/BUYW/) | $1.2M | 84,689 | 0.7% | 4 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $1.2M | 2,803 | 0.7% | 4 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.2M | 3,223 | 0.6% | 4 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.2M | 2,044 | 0.6% | 4 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.2M | 988 | 0.6% | 2 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.1M | 992 | 0.6% | 2 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.1M | 1,064 | 0.6% | 2 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $1.1M | 2,692 | 0.6% | 3 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $1.1M | 10,006 | 0.6% | 4 |
| J P MORGAN EXCHANGE TRADED F | [JBND](https://holderbook.com/stocks/JBND/) | $1.0M | 19,605 | 0.6% | 4 |
| J P MORGAN EXCHANGE TRADED F | [JQUA](https://holderbook.com/stocks/JQUA/) | $973.5K | 13,469 | 0.5% | 4 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $971.9K | 3,206 | 0.5% | 2 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $965.9K | 4,058 | 0.5% | 4 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $869.0K | 7,672 | 0.5% | 4 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $862.7K | 17,057 | 0.5% | 4 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $855.7K | 2,323 | 0.5% | 4 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $819.1K | 2,715 | 0.4% | 2 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $787.6K | 10,214 | 0.4% | 4 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $781.5K | 2,278 | 0.4% | 4 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $760.5K | 12,740 | 0.4% | 4 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $753.4K | 5,510 | 0.4% | 4 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $702.2K | 971 | 0.4% | 2 |
| SCORPIO TANKERS INC | [STNG](https://holderbook.com/stocks/STNG/) | $678.5K | 9,796 | 0.4% | 4 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $678.2K | 6,639 | 0.4% | 4 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $677.8K | 2,865 | 0.4% | 4 |
| ADVISORS INNER CIRCLE FD II | [EDGI](https://holderbook.com/stocks/EDGI/) | $671.9K | 21,718 | 0.4% | 1 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $666.7K | 6,912 | 0.4% | 4 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $637.9K | 682 | 0.3% | 2 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $606.8K | 11,425 | 0.3% | 4 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $587.4K | 10,986 | 0.3% | 4 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $565.5K | 1,604 | 0.3% | 4 |
| NORTHERN LTS FD TR IV | [TMAT](https://holderbook.com/stocks/TMAT/) | $543.1K | 17,280 | 0.3% | 4 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $540.3K | 1,034 | 0.3% | 2 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $528.7K | 450 | 0.3% | 2 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $509.4K | 803 | 0.3% | 2 |
| CAPITAL GROUP DIVIDEND VALUE | [CGDV](https://holderbook.com/stocks/CGDV/) | $505.5K | 10,258 | 0.3% | 1 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $502.7K | 497 | 0.3% | 2 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $502.0K | 1,464 | 0.3% | 2 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $500.3K | 1,988 | 0.3% | 4 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $497.0K | 1,330 | 0.3% | 2 |
| ST JOE CO | [JOE](https://holderbook.com/stocks/JOE/) | $491.4K | 7,847 | 0.3% | 4 |
| FIDELITY COVINGTON TRUST | [FBCG](https://holderbook.com/stocks/FBCG/) | $476.8K | 7,677 | 0.3% | 1 |
| GLOBAL X FDS | [AIQ](https://holderbook.com/stocks/AIQ/) | $458.5K | 6,989 | 0.2% | 1 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $458.2K | 1,102 | 0.2% | 2 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $453.1K | 3,092 | 0.2% | 4 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $440.4K | 5,652 | 0.2% | 4 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $436.4K | 1,718 | 0.2% | 4 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $435.0K | 5,251 | 0.2% | 4 |
| NORTHERN LIGHTS FD TR | [MRSK](https://holderbook.com/stocks/MRSK/) | $434.4K | 11,250 | 0.2% | 4 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $432.3K | 442 | 0.2% | 2 |
| FIRST TR EXCHANGE TRADED FD | [AIRR](https://holderbook.com/stocks/AIRR/) | $415.2K | 3,116 | 0.2% | 4 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $414.8K | 808 | 0.2% | 2 |
| NATIONAL FUEL GAS CO | [NFG](https://holderbook.com/stocks/NFG/) | $406.4K | 5,264 | 0.2% | 4 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $405.9K | 4,618 | 0.2% | 3 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $401.5K | 2,804 | 0.2% | 4 |
| FIRST TR EXCHANGE TRADED FD | [FXH](https://holderbook.com/stocks/FXH/) | $393.1K | 3,212 | 0.2% | 4 |
| INVESCO EXCHANGE TRADED FD T | [XMMO](https://holderbook.com/stocks/XMMO/) | $390.8K | 2,297 | 0.2% | 1 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $389.4K | 2,789 | 0.2% | 1 |
| PROSHARES TR | [REGL](https://holderbook.com/stocks/REGL/) | $386.9K | 4,226 | 0.2% | 4 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $382.4K | 7,896 | 0.2% | 4 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $380.2K | 1,115 | 0.2% | 2 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $373.4K | 7,433 | 0.2% | 4 |
| GOLDMAN SACHS ETF TR | [GSLC](https://holderbook.com/stocks/GSLC/) | $371.4K | 2,617 | 0.2% | 4 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $369.6K | 3,147 | 0.2% | 3 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $366.0K | 2,468 | 0.2% | 4 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $366.0K | 558 | 0.2% | 1 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $363.4K | 4,472 | 0.2% | 4 |
| ISHARES TR | [IDEV](https://holderbook.com/stocks/IDEV/) | $356.0K | 4,000 | 0.2% | 4 |

## 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 | +11.7% | +14.8% | -3.2% | 100% |
| Q1 2026 | -3.3% | -4.6% | +1.3% | 100% |
| Q4 2025 | +2.2% | +2.4% | -0.2% | 97% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $184.8M | 2,450 |
| Q1 2026 | $124.4M | 514 |
| Q4 2025 | $115.5M | 133 |
| Q3 2025 | $105.4M | 113 |