Q4 2025 · 13F-HR
Wharton Business Group, LLCholdings as filed
Filed 2026-02-11 · accession 0001513126-26-000001
$2.63B
Reported value
141
Positions
2025-12-31
Period end
The Brief · Wharton Business Group, LLC · Q4 2025
AI · grounded in 13F
Wharton Business Group, LLC reduced its position in VHT by 67.38%. The fund also trimmed its holdings in SW by 40.00% and VWO by 4.01%. On the buy side, the firm increased its stake in BINC by 27.36%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46432F339 | QUAL | ISHARES TR | $238.8M | 9.08% | 1,202,274 | Common | NONE |
| 46432F388 | VLUE | ISHARES TR | $163.6M | 6.22% | 1,196,152 | Common | NONE |
| 46138E628 | KBWB | INVESCO EXCH TRADED FD TR II | $153.9M | 5.85% | 1,825,463 | Common | NONE |
| 46429B689 | EFAV | ISHARES TR | $151.9M | 5.78% | 1,761,493 | Common | NONE |
| 464286533 | EEMV | ISHARES INC | $146.6M | 5.57% | 2,289,163 | Common | NONE |
| 921946406 | VYM | VANGUARD WHITEHALL FDS | $128.1M | 4.87% | 892,467 | Common | NONE |
| 092528603 | BINC | BLACKROCK ETF TRUST II | $122.4M | 4.65% | 2,319,295 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $117.1M | 4.45% | 430,887 | Common | NONE |
| 46435U713 | IFRA | ISHARES TR | $90.2M | 3.43% | 1,714,900 | Common | NONE |
| 46434G103 | IEMG | ISHARES INC | $83.7M | 3.18% | 1,245,797 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $77.9M | 2.96% | 113,759 | Common | NONE |
| 81369Y803 | XLK | SELECT SECTOR SPDR TR | $72.6M | 2.76% | 503,949 | Common | NONE |
| 922042775 | VEU | VANGUARD INTL EQUITY INDEX F | $71.7M | 2.72% | 974,254 | Common | NONE |
| 92203C303 | VUSB | VANGUARD BD INDEX FDS | $70.7M | 2.69% | 1,418,534 | Common | NONE |
| 464289438 | IWY | ISHARES TR | $55.7M | 2.12% | 201,169 | Common | NONE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $55.3M | 2.10% | 288,593 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $52.4M | 1.99% | 162,578 | Common | NONE |
| 46435U556 | ARTY | ISHARES TR | $46.0M | 1.75% | 954,682 | Common | NONE |
| 38141G104 | GS | GOLDMAN SACHS GROUP INC | $42.9M | 1.63% | 48,781 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $41.2M | 1.57% | 81,897 | Common | NONE |
| 81369Y209 | XLV | SELECT SECTOR SPDR TR | $36.2M | 1.38% | 233,963 | Common | NONE |
| 46434V456 | IQLT | ISHARES TR | $34.9M | 1.33% | 768,785 | Common | NONE |
| 149123101 | CAT | CATERPILLAR INC | $27.8M | 1.06% | 48,473 | Common | NONE |
| 231021106 | CMI | CUMMINS INC | $26.6M | 1.01% | 52,026 | Common | NONE |
| 78464A797 | KBE | SPDR SERIES TRUST | $26.1M | 0.99% | 430,306 | Common | NONE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $25.1M | 0.95% | 113,988 | Common | NONE |
| 81369Y605 | XLF | SELECT SECTOR SPDR TR | $23.7M | 0.90% | 433,292 | Common | NONE |
| 46429B663 | HDV | ISHARES TR | $23.2M | 0.88% | 191,023 | Common | NONE |
| 46137V613 | PRF | INVESCO EXCHANGE TRADED FD T | $23.1M | 0.88% | 493,135 | Common | NONE |
| 922042858 | VWO | VANGUARD INTL EQUITY INDEX F | $21.4M | 0.81% | 398,276 | Common | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $21.0M | 0.80% | 381,303 | Common | NONE |
| 46137V746 | PWB | INVESCO EXCHANGE TRADED FD T | $20.8M | 0.79% | 163,944 | Common | NONE |
| 464288810 | IHI | ISHARES TR | $18.6M | 0.71% | 299,530 | Common | NONE |
| 78463X855 | GII | SPDR INDEX SHS FDS | $17.6M | 0.67% | 252,290 | Common | NONE |
| 74762E102 | QURE | QUANTA SVCS INC | $16.4M | 0.62% | 38,890 | Common | NONE |
| 464288828 | IHF | ISHARES TR | $16.1M | 0.61% | 335,810 | Common | NONE |
| 46435U135 | IHAK | ISHARES TR | $14.7M | 0.56% | 306,385 | Common | NONE |
| 81369Y704 | XLI | SELECT SECTOR SPDR TR | $14.5M | 0.55% | 93,641 | Common | NONE |
| 46434V381 | XT | ISHARES TR | $14.1M | 0.54% | 202,875 | Common | NONE |
| 464288646 | IGSB | ISHARES TR | $11.7M | 0.45% | 221,580 | Common | NONE |
| 922908611 | VBR | VANGUARD INDEX FDS | $11.5M | 0.44% | 54,088 | Common | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $10.8M | 0.41% | 140,534 | Common | NONE |
| 46137V738 | PWV | INVESCO EXCHANGE TRADED FD T | $10.8M | 0.41% | 162,735 | Common | NONE |
| 464287101 | OEF | ISHARES TR | $10.8M | 0.41% | 31,389 | Common | NONE |
| 464288729 | EXI | ISHARES TR | $10.4M | 0.39% | 59,070 | Common | NONE |
| 46429B671 | MCHI | ISHARES TR | $10.0M | 0.38% | 166,895 | Common | NONE |
| 37045V100 | GM | GENERAL MTRS CO | $9.8M | 0.37% | 120,725 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $8.2M | 0.31% | 17,058 | Common | NONE |
| 46982L108 | J | JACOBS SOLUTIONS INC | $8.2M | 0.31% | 62,160 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $7.6M | 0.29% | 24,236 | Common | NONE |
| 46435U192 | IDNA | ISHARES TR | $7.2M | 0.27% | 273,147 | Common | NONE |
| 46429B697 | USMV | ISHARES TR | $6.3M | 0.24% | 66,635 | Common | NONE |
| 172967424 | C | CITIGROUP INC | $5.9M | 0.23% | 50,928 | Common | NONE |
| 907818108 | UNP | UNION PAC CORP | $5.8M | 0.22% | 25,021 | Common | NONE |
| 31428X106 | FDX | FEDEX CORP | $5.4M | 0.21% | 18,821 | Common | NONE |
| 464287523 | SOXX | ISHARES TR | $4.9M | 0.18% | 16,139 | Common | NONE |
| 126408103 | CSX | CSX CORP | $4.6M | 0.17% | 126,685 | Common | NONE |
| 883203101 | TXT | TEXTRON INC | $4.6M | 0.17% | 52,320 | Common | NONE |
| 464288281 | EMB | ISHARES TR | $4.0M | 0.15% | 42,170 | Common | NONE |
| 46436E569 | XVV | ISHARES TR | $4.0M | 0.15% | 76,440 | Common | NONE |
| 464287614 | IWF | ISHARES TR | $4.0M | 0.15% | 8,454 | Common | NONE |
| 46432F842 | IEFA | ISHARES TR | $2.7M | 0.10% | 30,648 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $2.7M | 0.10% | 14,286 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $2.6M | 0.10% | 11,395 | Common | NONE |
| 78464A722 | XPH | SPDR SERIES TRUST | $2.6M | 0.10% | 46,395 | Common | NONE |
| N07059210 | ASML | ASML HOLDING N V | $2.4M | 0.09% | 2,285 | Common | NONE |
| 37950E408 | CHIQ | GLOBAL X FDS | $2.1M | 0.08% | 98,567 | Common | NONE |
| 172908105 | CTAS | CINTAS CORP | $1.8M | 0.07% | 9,488 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC | $1.7M | 0.06% | 2,589 | Common | NONE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $1.6M | 0.06% | 17,675 | Common | NONE |
| 46434V290 | SMLF | ISHARES TR | $1.6M | 0.06% | 21,730 | Common | NONE |
| 445658107 | JBHT | HUNT J B TRANS SVCS INC | $1.6M | 0.06% | 8,121 | Common | NONE |
| 46434V514 | CNYA | ISHARES TR | $1.5M | 0.06% | 43,675 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $1.5M | 0.06% | 4,642 | Common | NONE |
| 464287184 | FXI | ISHARES TR | $1.2M | 0.05% | 31,703 | Common | NONE |
| 25434V708 | DFAC | DIMENSIONAL ETF TRUST | $1.2M | 0.05% | 30,402 | Common | NONE |
| 464286426 | EEMA | ISHARES INC | $1.1M | 0.04% | 12,097 | Common | NONE |
| G8267P108 | SW | SMURFIT WESTROCK PLC | $1.0M | 0.04% | 26,742 | Common | NONE |
| 783859101 | STBA | S & T BANCORP INC | $1.0M | 0.04% | 26,212 | Common | NONE |
| 00724F101 | ADBE | ADOBE INC | $953,023 | 0.04% | 2,723 | Common | NONE |
| 65345N106 | NN | NEXTNAV INC | $937,830 | 0.04% | 56,360 | Common | NONE |
| 97717X669 | DGRW | WISDOMTREE TR | $925,153 | 0.04% | 10,345 | Common | NONE |
| 59540G107 | MPB | MID PENN BANCORP INC | $840,890 | 0.03% | 27,108 | Common | NONE |
| 25434V880 | DFAX | DIMENSIONAL ETF TRUST | $821,196 | 0.03% | 25,090 | Common | NONE |
| 92206C409 | VCSH | VANGUARD SCOTTSDALE FDS | $797,699 | 0.03% | 10,005 | Common | NONE |
| 464287119 | ILCG | ISHARES TR | $769,896 | 0.03% | 7,400 | Common | NONE |
| 921910840 | MGV | VANGUARD WORLD FD | $763,676 | 0.03% | 5,410 | Common | NONE |
| 36828A101 | GEV | GE VERNOVA INC | $741,802 | 0.03% | 1,135 | Common | NONE |
| 532457108 | LLY | ELI LILLY & CO | $714,662 | 0.03% | 665 | Common | NONE |
| 461202103 | INTU | INTUIT | $685,605 | 0.03% | 1,035 | Common | NONE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $667,465 | 0.03% | 1,380 | Common | NONE |
| 68389X105 | ORCL | ORACLE CORP | $623,712 | 0.02% | 3,200 | Common | NONE |
| 46434G509 | HEEM | ISHARES INC | $609,169 | 0.02% | 17,525 | Common | NONE |
| 617446448 | MS | MORGAN STANLEY | $575,907 | 0.02% | 3,244 | Common | NONE |
| 92206C680 | VONG | VANGUARD SCOTTSDALE FDS | $567,355 | 0.02% | 4,660 | Common | NONE |
| 064058100 | BK | BANK NEW YORK MELLON CORP | $554,910 | 0.02% | 4,780 | Common | NONE |
| 693475105 | PNC | PNC FINL SVCS GROUP INC | $554,000 | 0.02% | 2,656 | Common | NONE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $548,235 | 0.02% | 3,385 | Common | NONE |
| 464288687 | PFF | ISHARES TR | $536,692 | 0.02% | 17,335 | Common | NONE |
| 97717W547 | WTV | WISDOMTREE TR | $455,771 | 0.02% | 4,885 | Common | NONE |
| 052769106 | ADSK | AUTODESK INC | $427,734 | 0.02% | 1,445 | Common | NONE |
| 92204A504 | VHT | VANGUARD WORLD FD | $427,000 | 0.02% | 1,484 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $423,587 | 0.02% | 1,231 | Common | NONE |
| 704326107 | PAYX | PAYCHEX INC | $416,749 | 0.02% | 3,715 | Common | NONE |
| 125523100 | CI | THE CIGNA GROUP | $415,873 | 0.02% | 1,511 | Common | NONE |
| 464288877 | EFV | ISHARES TR | $393,826 | 0.01% | 5,515 | Common | NONE |
| 031162100 | AMGN | AMGEN INC | $383,711 | 0.01% | 1,172 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $375,200 | 0.01% | 1,813 | Common | NONE |
| 458140100 | INTC | INTEL CORP | $375,110 | 0.01% | 10,166 | Common | NONE |
| 45769N105 | ISSC | INNOVATIVE SOLUTIONS & SUPPO | $367,341 | 0.01% | 19,395 | Common | NONE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $362,205 | 0.01% | 1,350 | Common | NONE |
| 464286665 | EPP | ISHARES INC | $359,700 | 0.01% | 7,127 | Common | NONE |
| 922908744 | VTV | VANGUARD INDEX FDS | $354,859 | 0.01% | 1,858 | Common | NONE |
| 09290D101 | BLK | BLACKROCK INC | $353,212 | 0.01% | 330 | Common | NONE |
| 46435U218 | SUSL | ISHARES TR | $340,758 | 0.01% | 2,810 | Common | NONE |
| 166764100 | CVX | CHEVRON CORP NEW | $338,198 | 0.01% | 2,219 | Common | NONE |
| 464287598 | IWD | ISHARES TR | $314,669 | 0.01% | 1,496 | Common | NONE |
| 464287325 | IXJ | ISHARES TR | $313,628 | 0.01% | 3,220 | Common | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $297,535 | 0.01% | 1,715 | Common | NONE |
| 46138E115 | PSCT | INVESCO EXCH TRADED FD TR II | $296,000 | 0.01% | 5,230 | Common | NONE |
| 20825C104 | COP | CONOCOPHILLIPS | $286,915 | 0.01% | 3,065 | Common | NONE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $278,502 | 0.01% | 1,900 | Common | NONE |
| 254687106 | DIS | DISNEY WALT CO | $273,389 | 0.01% | 2,403 | Common | NONE |
| 989701107 | ZION | ZIONS BANCORPORATION N A | $261,088 | 0.01% | 4,460 | Common | NONE |
| 833445109 | SNOW | SNOWFLAKE INC | $258,845 | 0.01% | 1,180 | Common | NONE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $257,738 | 0.01% | 1,450 | Common | NONE |
| 922908769 | VTI | VANGUARD INDEX FDS | $256,482 | 0.01% | 765 | Common | NONE |
| 46137V431 | SPGP | INVESCO EXCHANGE TRADED FD T | $246,507 | 0.01% | 2,165 | Common | NONE |
| 95040Q104 | WELL | WELLTOWER INC | $241,293 | 0.01% | 1,300 | Common | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $229,656 | 0.01% | 266 | Common | NONE |
| 92826C839 | V | VISA INC | $228,488 | 0.01% | 652 | Common | NONE |
| 192422103 | CGNX | COGNEX CORP | $225,595 | 0.01% | 6,270 | Common | NONE |
| 46137V787 | PBE | INVESCO EXCHANGE TRADED FD T | $225,009 | 0.01% | 2,739 | Common | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $224,837 | 0.01% | 366 | Common | NONE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $216,283 | 0.01% | 1,335 | Common | NONE |
| 46435G193 | SUSC | ISHARES TR | $214,905 | 0.01% | 9,190 | Common | NONE |
| 464287507 | IJH | ISHARES TR | $202,950 | 0.01% | 3,075 | Common | NONE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $200,554 | 0.01% | 351 | Common | NONE |
| 319829107 | FCF | FIRST COMWLTH FINL CORP PA | $197,009 | 0.01% | 11,685 | Common | NONE |
| 09251A104 | BDJ | BLACKROCK ENHANCED EQUITY DI | $180,158 | 0.01% | 19,004 | Common | NONE |
| 630087302 | NNVC | NANOVIRICIDES INC | $17,782 | 0.00% | 15,736 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.