# GREENBERG FINANCIAL GROUP

> Institutional holdings reported to the SEC as of Q4 2025 on Form 13F. CIK 946626. Source: https://holderbook.com/funds/946626-greenberg-financial-group/

- Reported value: $242.9M
- Positions: 111
- Weight of the ten largest: 57.1%
- Filed: 2026-01-22

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/) | $36.2M | 53,024 | 14.9% | 3 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $21.7M | 35,342 | 8.9% | 3 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $13.7M | 71,618 | 5.6% | 3 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $10.4M | 21,732 | 4.3% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $10.4M | 38,135 | 4.3% | 3 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $9.9M | 40,023 | 4.1% | 3 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $9.7M | 147,594 | 4.0% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $9.6M | 19,777 | 3.9% | 3 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $9.0M | 64,112 | 3.7% | 3 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $7.9M | 55,329 | 3.3% | 3 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $7.4M | 239,794 | 3.1% | 3 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $6.6M | 75,971 | 2.7% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $6.3M | 33,562 | 2.6% | 3 |
| ROPER TECHNOLOGIES INC | [ROP](https://holderbook.com/stocks/ROP/) | $6.0M | 13,411 | 2.5% | 3 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $5.9M | 30,779 | 2.4% | 3 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $3.1M | 22,603 | 1.3% | 3 |
| SPDR SERIES TRUST | [SPYD](https://holderbook.com/stocks/SPYD/) | $2.6M | 59,759 | 1.1% | 3 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $2.4M | 7,016 | 1.0% | 3 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $2.3M | 12,613 | 1.0% | 3 |
| CALAMOS CONV & HIGH INCOME F | [CHY](https://holderbook.com/stocks/CHY/) | $2.3M | 201,222 | 0.9% | 3 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $2.3M | 28,359 | 0.9% | 3 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $2.3M | 74,531 | 0.9% | 3 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $2.2M | 26,690 | 0.9% | 3 |
| ISHARES TR | [ISTB](https://holderbook.com/stocks/ISTB/) | $2.2M | 46,000 | 0.9% | 3 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.2M | 3,319 | 0.9% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.1M | 9,169 | 0.9% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.7M | 5,574 | 0.7% | 3 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.7M | 11,449 | 0.7% | 3 |
| INVESCO EXCH TRADED FD TR II | [SPHD](https://holderbook.com/stocks/SPHD/) | $1.7M | 35,468 | 0.7% | 3 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.6M | 2,865 | 0.7% | 3 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $1.5M | 30,520 | 0.6% | 3 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.4M | 11,822 | 0.6% | 3 |
| VANGUARD WORLD FD | [EDV](https://holderbook.com/stocks/EDV/) | $1.3M | 20,557 | 0.6% | 3 |
| PACER FDS TR | [QDPL](https://holderbook.com/stocks/QDPL/) | $1.3M | 30,803 | 0.5% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.2M | 3,841 | 0.5% | 3 |
| VANECK ETF TRUST | [NLR](https://holderbook.com/stocks/NLR/) | $1.2M | 9,427 | 0.5% | 3 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.0M | 5,325 | 0.4% | 3 |
| SIMPLIFY EXCHANGE TRADED FUN | [SVOL](https://holderbook.com/stocks/SVOL/) | $984.8K | 56,080 | 0.4% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $980.7K | 3,043 | 0.4% | 3 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $954.3K | 4,611 | 0.4% | 3 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $893.5K | 5,515 | 0.4% | 3 |
| ISHARES TR | [SOXX](https://holderbook.com/stocks/SOXX/) | $842.6K | 2,798 | 0.3% | 3 |
| FERRARI N V | [RACE](https://holderbook.com/stocks/RACE/) | $786.1K | 2,127 | 0.3% | 3 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $760.0K | 13,018 | 0.3% | 1 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $744.2K | 6,541 | 0.3% | 3 |
| INVESCO EXCH TRADED FD TR II | [PGHY](https://holderbook.com/stocks/PGHY/) | $718.7K | 36,125 | 0.3% | 3 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $712.2K | 1,136 | 0.3% | 3 |
| SPDR SERIES TRUST | [PSK](https://holderbook.com/stocks/PSK/) | $675.0K | 21,300 | 0.3% | 1 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $668.3K | 3,078 | 0.3% | 3 |
| AXON ENTERPRISE INC | [AXON](https://holderbook.com/stocks/AXON/) | $636.1K | 1,120 | 0.3% | 1 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $635.8K | 1,837 | 0.3% | 3 |
| FIDELITY WISE ORIGIN BITCOIN | [FBTC](https://holderbook.com/stocks/FBTC/) | $622.7K | 8,169 | 0.3% | 3 |
| ADVENT CONV & INCOME FD | [AVK](https://holderbook.com/stocks/AVK/) | $595.8K | 47,510 | 0.2% | 1 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $593.7K | 5,329 | 0.2% | 3 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $590.6K | 14,499 | 0.2% | 3 |
| DECKERS OUTDOOR CORP | [DECK](https://holderbook.com/stocks/DECK/) | $582.2K | 5,616 | 0.2% | 1 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $573.1K | 3,350 | 0.2% | 3 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $559.7K | 1,889 | 0.2% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $528.8K | 1,052 | 0.2% | 3 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $506.6K | 7,247 | 0.2% | 3 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $505.0K | 1,662 | 0.2% | 3 |
| CALAMOS ETF TR | [CPRY](https://holderbook.com/stocks/CPRY/) | $494.2K | 18,312 | 0.2% | 3 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $489.2K | 3,414 | 0.2% | 3 |
| CALAMOS CONV OPPORTUNITIES & | [CHI](https://holderbook.com/stocks/CHI/) | $478.8K | 45,685 | 0.2% | 1 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $439.7K | 2,053 | 0.2% | 3 |
| FIRST SOLAR INC | [FSLR](https://holderbook.com/stocks/FSLR/) | $390.0K | 1,493 | 0.2% | 1 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $378.8K | 10,265 | 0.2% | 3 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $370.1K | 1,440 | 0.2% | 3 |
| PROSHARES TR | [QLD](https://holderbook.com/stocks/QLD/) | $366.1K | 5,200 | 0.2% | 3 |
| PROSHARES TR | [SSO](https://holderbook.com/stocks/SSO/) | $364.4K | 6,291 | 0.2% | 2 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $360.7K | 3,847 | 0.1% | 3 |
| CALAMOS ETF TR | [CBTJ](https://holderbook.com/stocks/CBTJ/) | $358.6K | 16,388 | 0.1% | 3 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $350.3K | 288 | 0.1% | 3 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $348.4K | 1,697 | 0.1% | 3 |
| CALAMOS ETF TR | [CPSF](https://holderbook.com/stocks/CPSF/) | $337.0K | 13,169 | 0.1% | 3 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $335.8K | 976 | 0.1% | 3 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $326.7K | 4,241 | 0.1% | 3 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $325.8K | 5,057 | 0.1% | 3 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $325.1K | 1,829 | 0.1% | 1 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $323.3K | 2,253 | 0.1% | 1 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $322.1K | 1,054 | 0.1% | 3 |
| GUGGENHEIM STRATEGIC OPPORTU | [GOF](https://holderbook.com/stocks/GOF/) | $319.3K | 24,791 | 0.1% | 1 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $316.6K | 704 | 0.1% | 3 |
| MP MATERIALS CORP | [MP](https://holderbook.com/stocks/MP/) | $290.5K | 5,750 | 0.1% | 3 |
| DOCUSIGN INC | [DOCU](https://holderbook.com/stocks/DOCU/) | $281.8K | 4,120 | 0.1% | 1 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $279.6K | 3,000 | 0.1% | 1 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $266.6K | 248 | 0.1% | 1 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $264.3K | 2,511 | 0.1% | 3 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $261.1K | 900 | 0.1% | 3 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $260.2K | 1,334 | 0.1% | 1 |
| GLOBAL X FDS | [QYLD](https://holderbook.com/stocks/QYLD/) | $257.1K | 14,548 | 0.1% | 3 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $248.8K | 939 | 0.1% | 3 |
| CANADIAN IMPERIAL BANK OF CO | [CM](https://holderbook.com/stocks/CM/) | $246.4K | 2,719 | 0.1% | 3 |
| EATON VANCE FLOATING RATE IN | [EFT](https://holderbook.com/stocks/EFT/) | $236.6K | 20,955 | 0.1% | 3 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $230.5K | 1,737 | 0.1% | 3 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $228.2K | 9,186 | 0.1% | 1 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $217.8K | 8,749 | 0.1% | 3 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $214.0K | 540 | 0.1% | 1 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $203.3K | 581 | 0.1% | 1 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $201.8K | 234 | 0.1% | 3 |

## 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 |
|---|---|---|---|---|
| Q3 2025 | +7.5% | +7.8% | -0.3% | 83% |
| Q2 2025 | +9.4% | +10.5% | -1.1% | 93% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2025 | $242.9M | 111 |
| Q2 2025 | $270.2M | 118 |
| Q1 2025 | $242.3M | 110 |