EF
ERn Financial, LLC 13F Portfolio & Top Holdings (Q3 2026)
ERn Financial, LLCCIK: 0001768302
Diversified strategySector-focusedMomentum follower
Total reported value
$613.2M
Reporting period: 2026-09-30 · Number of holdings: 163
ERn Financial, LLC disclosed 163 holdings in its latest 13F filing for the period ending 2026-09-30, with total reported value of $613.2M and a quarterly turnover rate of 6.7%.
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Personality snowflake
- Concentration
- 10.39
- Portfolio Stability
- 6.75
- Momentum
- 100
- Sector conviction
- 100
- Diversification
- 100
- Sizing Uniformity
- 81.96
ERn Financial, LLC's disclosed holdings carry a Herfindahl concentration index of 0.026 — mathematically equivalent to about 38 equally-sized positions, well below its 163 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.80), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 7% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govAdd FDG
+56.2% $5.4M
Add SPYG
+5.7% $4.2M
Trim MDYV
-1.1% -$1.2M
Add SPAB
+20.6% $1.5M
Trim REET
-1.8% -$1.0M
Trim USRT
-4.3% -$996.8K
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | SPYG | Ss Spdr P S&p 500 Growth ETF | ETF-Large Cap & Growth | 7.93% | +0.57% | +5.73% | |
| 2 | SPYV | Ss Spdr P S&p 500 Value ETF | ETF-Large Cap & Growth | 7.06% | -0.11% | -0.56% | |
| 3 | SPDW | Ste Str Spdr Pt Dw EU ETF | ETF-Other | 5.42% | -0.02% | +1.31% | |
| 4 | IEFA | Ishares Core Msci Eafe ETF | ETF-Other | 3.39% | -0.07% | -0.89% | |
| 5 | USTB | Victoryshares Short-term Bon | ETF-Other | 3.03% | +0.10% | +6.55% | |
| 6 | AVEM | Avantis Emerging Markets Eq | ETF-Emerging Markets | 2.62% | -0.12% | -0.33% | |
| 7 | MDYV | Ss Spdr S&p 400 Mc Val ETF | ETF-Other | 2.44% | -0.25% | -1.06% | |
| 8 | FDG | American Century Focused Dyn | ETF-Other | 2.43% | +0.87% | +56.17% | |
| 9 | SPEM | State Street Sp Ptf Em ETF | ETF-Other | 2.25% | -0.06% | -1.09% | |
| 10 | PYLD | Pimco Multisector Bond Actv | ETF-Other | 2.24% | +0.05% | +8.05% | |
| 11 | JTEK | Jpmorgan US Tech Leaders | ETF-Tech | 2.08% | -0.14% | +0.62% | |
| 12 | JHML | John Hancock Multi Fact Lrg | ETF-Other | 2.05% | +0.05% | +4.15% | |
| 13 | QUAL | Ishares Msci USA Quality Fac | ETF-Other | 2.03% | -0.03% | -1.09% | |
| 14 | VUG | Vanguard Growth ETF | ETF-Other | 1.95% | +0.06% | +0.07% | |
| 15 | DFCF | Dimensional Core Fixed Inc | ETF-Other | 1.93% | -0.04% | +4.36% | |
| 16 | SPAB | Ss Spdr P Agg Bond ETF | ETF-Other | 1.90% | +0.22% | +20.59% | |
| 17 | DFAX | Dimensional World Ex US Core | ETF-Other | 1.85% | -0.09% | -4.10% | |
| 18 | REET | Ishares Global Reit ETF | ETF-Other | 1.81% | -0.20% | -1.85% | |
| 19 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-Large Cap & Growth | 1.61% | +0.04% | +1.47% | |
| 20 | MDYG | Ss Spdr S&p 400 Mc Gr ETF | ETF-Other | 1.57% | -0.13% | +0.97% | |
| 21 | SPIP | Ss Spdr P Tips ETF | ETF-Other | 1.56% | -0.02% | +5.77% | |
| 22 | OMFL | Invesco Russell 1000 Dyn M/f | ETF-Other | 1.48% | -0.04% | -2.32% | |
| 23 | RAAX | Vaneck Real Assets ETF | ETF-Other | 1.47% | +0.03% | +3.74% | |
| 24 | USRT | Ishares Core US Reit ETF | ETF-Other | 1.27% | -0.19% | -4.31% | |
| 25 | AAPL | Apple Inc | Stock-Tech | 1.25% | +0.16% | +1.03% | |
| 26 | HMOP | Hartford Municipal Opp ETF | ETF-Other | 1.24% | -0.11% | -0.75% | |
| 27 | FMB | First Trust Managed Municipa | ETF-Other | 1.24% | -0.06% | +4.26% | |
| 28 | VONG | Vanguard Russell 1000 Growth | ETF-Other | 1.20% | -0.03% | -1.44% | |
| 29 | MUNI | Pimco Intermediate Municipal | ETF-Other | 1.18% | -0.02% | +5.83% | |
| 30 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 1.18% | -0.04% | -3.81% | |
| 31 | AVUV | Avantis US Small Cap Value | ETF-Small Cap | 1.17% | -0.10% | -0.40% | |
| 32 | EFA | Ishares Msci Eafe ETF | ETF-Other | 1.14% | -0.03% | -0.97% | |
| 33 | PVAL | Putnam Focused Lrg Cap Value | ETF-Other | 1.13% | +0.01% | -0.54% | |
| 34 | FIXD | First Trust Smith Opportunis | ETF-Other | 0.98% | -0.05% | +1.19% | |
| 35 | JMST | JPM Ultra-short Muni Income | ETF-Other | 0.97% | -0.01% | +1.47% | |
| 36 | JBND | Jpmorgan Active Bond ETF | ETF-Other | 0.94% | -0.03% | +2.92% | |
| 37 | IJR | Ishares Core S&p Small-cap E | ETF-Small Cap | 0.89% | -0.13% | -3.51% | |
| 38 | DYNF | Ishrs US E F R A Etf-usd Inc | ETF-Other | 0.86% | — | +0.19% | |
| 39 | SLYG | Ss Spdr S&p 600 Sc Gr ETF | ETF-Other | 0.84% | -0.12% | -1.01% | |
| 40 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 0.75% | — | -0.77% | |
| 41 | VTV | Vanguard Value ETF | ETF-Other | 0.71% | -0.02% | -0.33% | |
| 42 | JHMM | John Hancock Multi Fact Mid | ETF-Other | 0.70% | -0.03% | +1.51% | |
| 43 | NVDA | Nvidia CORP | Stock-Tech | 0.68% | +0.09% | +2.76% | |
| 44 | FNOV | Ft Vest US Equity Buffer ETF | ETF-Other | 0.56% | +0.01% | -0.06% | |
| 45 | CGXU | Cap Group Intl Focus | ETF-Other | 0.53% | +0.04% | +10.84% | |
| 46 | DFAU | Dimensional US Core Equity M | ETF-Other | 0.51% | — | -0.52% | |
| 47 | DFAI | Dimensional International Co | ETF-Other | 0.48% | -0.04% | -6.25% | |
| 48 | FNDE | Schwab Fndmntl Em Mrk Eq ETF | ETF-Other | 0.42% | +0.02% | +1.06% | |
| 49 | IVVB | Ishares Large Cap Deep Quart | ETF-Large Cap & Growth | 0.42% | — | +0.81% | |
| 50 | MSFT | Microsoft CORP | Stock-Tech | 0.41% | +0.12% | +1.51% |
1–50 of 163
Portfolio Performance
Performance for Q4 2026
+0.7%
Performance Last 4 Quarters
+11.3%
- Stdev
- +10.3%
- Beta
- +0.79
- Alpha
- -0.5%
- Max Drawdown
- -5.2%
- Annualized Perf
- +18.2%
- Batting Avg vs S&P
- +33.3%
- Sortino
- +3.54
- Stutzer
- +0.49
- Treynor
- +0.22
- Sterling
- +1.24
- Calmar
- +3.5
- Information Ratio
- -1.2
- Tracking Error
- +4.4%
- Stdev Down
- +4.9%
- Winning Months %
- +72.2%
- Losing Months %
- +27.8%
- Best 12 Months
- +27.6%
- Worst 12 Months
- +5.4%
- Efficiency Ratio
- +0.68
- Sharpe
- +1.69
- Stdev Sectors
- +17.6%
- Skewness
- -0.07
- Kurtosis
- -0.01
- Upside Potential
- +5.02
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q3 | 163 | $613.2M | 7 | ||
| 2026 Q2 | 161 | $604.3M | 14 | ||
| 2026 Q1 | 150 | $531.8M | 8 | ||
| 2025 Q4 | 146 | $531.9M | 9 | ||
| 2025 Q3 | 140 | $506.5M | 58 | ||
| 2025 Q2 | 145 | $474.0M | 0 | ||
| 2025 Q1 | 180 | $632.9M | 100 | ||
| 2024 Q4 | 190 | $666.5M | 0 | ||
| 2024 Q3 | 187 | $657.3M | 0 | ||
| 2024 Q2 | 177 | $602.8M | 0 | ||
| 2024 Q1 | 173 | $576.5M | 0 | ||
| 2023 Q4 | 166 | $528.6M | 0 | ||
| 2023 Q3 | 166 | $460.9M | 0 | ||
| 2023 Q2 | 167 | $477.7M | 0 | ||
| 2023 Q1 | 169 | $454.8M | 0 | ||
| 2022 Q4 | 172 | $438.7M | 0 | ||
| 2022 Q3 | 159 | $391.1M | 0 | ||
| 2022 Q2 | 164 | $410.1M | 0 | ||
| 2022 Q1 | 172 | $451.8M | 0 | ||
| 2021 Q4 | 156 | $448.2M | 0 | ||
| 2021 Q3 | 137 | $390.2M | 0 | ||
| 2021 Q2 | 104 | $282.2M | 96 | ||
| 2021 Q1 | 95 | $258.5M | 12 | ||
| 2020 Q4 | 88 | $242.9M | 21 | ||
| 2020 Q3 | 77 | $213.7M | 9 | ||
| 2020 Q2 | 76 | $197.3M | 33 | ||
| 2020 Q1 | 63 | $152.0M | 47 | ||
| 2019 Q4 | 68 | $172.0M | 22 | ||
| 2019 Q3 | 58 | $140.1M | 7 | ||
| 2019 Q2 | 57 | $132.8M | 31 | ||
| 2019 Q1 | 75 | $165.9M | 39 | ||
| 2018 Q4 | 60 | $111.5M | 0 |
Holding changes this quarter
ERn Financial, LLC's most significant position changes for 2026-09-30: New buy: ; Sold out: Exxon Mobil CORP (XOM); New buy: Victoryshares Core Intermedi (UITB); Sold out: Stryker CORP (SYK); New buy: Innovator Edp ETF - 1 Yr Sep (ZSEP).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | FDG | American Century Focused Dyn | +0.9% | +56.17% | Add |
| 2 | SPYG | Ss Spdr P S&p 500 Growth ETF | +0.6% | +5.73% | Add |
| 3 | SPAB | Ss Spdr P Agg Bond ETF | +0.2% | +20.59% | Add |
| 4 | ✓ | +0.2% | NEW | New buy | |
| 5 | AAPL | Apple Inc | +0.2% | +1.03% | Add |
| 6 | MSFT | Microsoft CORP | +0.1% | +1.51% | Add |
| 7 | UITB | Victoryshares Core Intermedi | +0.1% | NEW | New buy |
| 8 | USTB | Victoryshares Short-term Bon | +0.1% | +6.55% | Add |
| 9 | NVDA | Nvidia CORP | +0.1% | +2.76% | Add |
| 10 | SPMO | Invesco S&p 500 Momentum ETF | +0.1% | +102.78% | Add |
| 11 | VUG | Vanguard Growth ETF | +0.1% | +0.07% | Add |
| 12 | F | Ford Motor Co | +0.1% | +90.66% | Add |
| 13 | JHML | John Hancock Multi Fact Lrg | +0.1% | +4.15% | Add |
| 14 | PYLD | Pimco Multisector Bond Actv | +0.1% | +8.05% | Add |
| 15 | META | Meta Platforms Inc-class A | +0.1% | +1.08% | Add |
| 16 | ZSEP | Innovator Edp ETF - 1 Yr Sep | +0.1% | NEW | New buy |
| 17 | SPYM | Ste Str Spdr Pt S&p 500 ETF | 0% | +1.47% | Add |
| 18 | CGXU | Cap Group Intl Focus | 0% | +10.84% | Add |
| 19 | PLTR | Palantir Technologies Inc-a | 0% | NEW | New buy |
| 20 | VZ | Verizon Communications Inc | 0% | NEW | New buy |
| 21 | FTNT | Fortinet Inc | 0% | NEW | New buy |
| 22 | CRM | Salesforce Inc | 0% | NEW | New buy |
| 23 | RAAX | Vaneck Real Assets ETF | 0% | +3.74% | Add |
| 24 | TMO | Thermo Fisher Scientific Inc | 0% | NEW | New buy |
| 25 | SOXQ | Invesco Phlx Semiconductor | 0% | NEW | New buy |
| 26 | DE | Deere & Co | 0% | NEW | New buy |
| 27 | FEOE | First Eagle Overseas Eq ETF | 0% | +22.96% | Add |
| 28 | ANET | Arista Networks Inc | 0% | +0.04% | Add |
| 29 | AMZN | Amazon.com Inc | 0% | +8.54% | Add |
| 30 | FNDE | Schwab Fndmntl Em Mrk Eq ETF | 0% | +1.06% | Add |
| 31 | AVEE | Avantis Em Mkt Sm Cap Eq ETF | 0% | +19.44% | Add |
| 32 | DFIS | Dimensional International Sm | 0% | +3.14% | Add |
| 33 | CRWD | Crowdstrike Holdings Inc - A | 0% | +302.28% | Add |
| 34 | SHOP | Shopify Inc - Class A | 0% | — | Unchanged |
| 35 | IAU | Ishares Gold Trust | 0% | +4.05% | Add |
| 36 | MCK | Mckesson CORP | 0% | +18.12% | Add |
| 37 | PVAL | Putnam Focused Lrg Cap Value | 0% | -0.54% | Trim |
| 38 | COWZ | Pacer US Cash Cows 100 ETF | 0% | -0.60% | Trim |
| 39 | INTC | Intel CORP | 0% | +78.31% | Add |
| 40 | FSEP | Ft Vest U.s. Equity Buffer E | 0% | +0.99% | Add |
| 41 | FNOV | Ft Vest US Equity Buffer ETF | 0% | -0.06% | Trim |
| 42 | JIVE | JPM Interntl Value ETF | 0% | +3.63% | Add |
| 43 | FJUN | Ft Vest US Equity Buff Etf-j | 0% | +11.74% | Add |
| 44 | CVX | Chevron CORP | 0% | +2.06% | Add |
| 45 | MRK | Merck & Co. Inc. | 0% | +6.85% | Add |
| 46 | ABBV | Abbvie Inc | 0% | +5.60% | Add |
| 47 | CGNG | Cap Group New Geography Eq | 0% | +6.69% | Add |
| 48 | JNJ | Johnson & Johnson | 0% | +10.59% | Add |
| 49 | VTI | Vanguard Total Stock Mkt ETF | 0% | +2.49% | Add |
| 50 | DFAC | Dimensional US Core Equity 2 | 0% | +1.61% | Add |
1–50 of 171
Filing History
FAQ
What is ERn Financial, LLC and what type of investor is it?
ERn Financial, LLC is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-09-30), the firm manages a tracked equity portfolio valued at approximately $613.2M, spread across 163 disclosed positions.
What are ERn Financial, LLC's largest equity positions?
Based on the latest 13F filing, ERn Financial, LLC's top holdings by market value are:
1. Ss Spdr P S&p 500 Growth ETF (SPYG) — $48.6M (7.9%)
2. Ss Spdr P S&p 500 Value ETF (SPYV) — $43.3M (7.1%)
3. Ste Str Spdr Pt Dw EU ETF (SPDW) — $33.2M (5.4%)
4. Ishares Core Msci Eafe ETF (IEFA) — $20.8M (3.4%)
5. Victoryshares Short-term Bon (USTB) — $18.6M (3.0%)
What changes did ERn Financial, LLC make in its most recent portfolio filing?
In the latest reported quarter, ERn Financial, LLC made 157 notable position adjustments: 10 new positions were initiated, 83 existing holdings were added to, 56 positions were partially reduced, and 8 were completely exited. The largest of these moves: New buy: ; Sold out: Exxon Mobil CORP (XOM); New buy: Victoryshares Core Intermedi (UITB); Sold out: Stryker CORP (SYK); New buy: Innovator Edp ETF - 1 Yr Sep (ZSEP)
What sectors does ERn Financial, LLC focus on?
ERn Financial, LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 58.5%
• Communication Services: 11.1%
• Consumer Discretionary: 9.2%
• Financials: 6.1%
• Health Care: 6.0%
• Industrials: 4.5%
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Investment Profile
ERn Financial, LLC returned an annualized 18.2% over the trailing 36 months — underperforming the S&P 500 by 0.5 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.79 (less volatile than the market) and a 33% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding, with 58.5% of the portfolio concentrated in Information Technology.
Its turnover score has fallen from 58 to 7 over the past 4 quarters — a shift toward longer holding periods.
It has added to its SPYG position over the past two quarters (+$12.1M, now $48.6M), while trimming DFAI over the same stretch (-$548.1K, still holding $3.0M).
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Developer Access
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REST API
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