FINANCIAL MANAGEMENT, INC.

Filed: 7/2/2026ACC: 0002143070-26-000001

📋 What this filing means

FINANCIAL MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 40 equity positions with a total reported market value of $105.28M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$105.28M

Total AUM (reported)

1.83M

Total Shares

Allocation by class

STATE STREET SPD$14.03M13.3%

COM$10.52M10.0%

CORE MSCI INTL$9.63M9.1%

UNIT SER 1$8.95M8.5%

MSCI INTL QUALTY$8.93M8.5%

US MID CP MLTFCT$8.40M8.0%

S&P500 QUALITY$6.09M5.8%

Portfolio Concentration

Top 3$27.51M26.1%

4–10$42.85M40.7%

11–25$29.51M28.0%

Rest$5.40M5.1%

Top 3 weight

26.1%

Top 10 weight

66.8%

Voting Authority Distribution

Total shares with voting rights: 1.83M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.83M

% of voting shares100.0%

Investment Discretion (by position count)

Sole40

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings40

Rows:

ISHARES TR

SOLE

CORE MSCI INTL

Shares116.72K

TypeSH

Market value$9.63M

9.14%

Sole

0.00

Shared

0.00

None

116.72K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares14.57K

TypeSH

Market value$8.95M

8.50%

Sole

0.00

Shared

0.00

None

14.57K

ISHARES TR

SOLE

MSCI INTL QUALTY

Shares196.47K

TypeSH

Market value$8.93M

8.48%

Sole

0.00

Shared

0.00

None

196.47K

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares279.07K

TypeSH

Market value$8.43M

8.01%

Sole

0.00

Shared

0.00

None

279.07K

FRANKLIN TEMPLETON ETF TR

SOLE

US MID CP MLTFCT

Shares149.29K

TypeSH

Market value$8.40M

7.98%

Sole

0.00

Shared

0.00

None

149.29K

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 QUALITY

Shares81.10K

TypeSH

Market value$6.09M

5.78%

Sole

0.00

Shared

0.00

None

81.10K

INVESCO EXCHANGE TRADED FD T

SOLE

S&P MDCP QUALITY

Shares56.28K

TypeSH

Market value$5.76M

5.48%

Sole

0.00

Shared

0.00

None

56.28K

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares221.40K

TypeSH

Market value$5.61M

5.32%

Sole

0.00

Shared

0.00

None

221.40K

FIRST TR EXCHANGE-TRADED ALP

SOLE

SML CP GRW ALP

Shares46.51K

TypeSH

Market value$4.47M

4.25%

Sole

0.00

Shared

0.00

None

46.51K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO EMG MK

Shares87.57K

TypeSH

Market value$4.10M

3.89%

Sole

0.00

Shared

0.00

None

87.57K

SCHWAB STRATEGIC TR

SOLE

US TIPS ETF

Shares150.97K

TypeSH

Market value$4.00M

3.80%

Sole

0.00

Shared

0.00

None

150.97K

ISHARES TR

SOLE

ISHS 5-10YR INVT

Shares61.72K

TypeSH

Market value$3.33M

3.16%

Sole

0.00

Shared

0.00

None

61.72K

WALMART INC

SOLE

COM

Shares28.55K

TypeSH

Market value$3.18M

3.02%

Sole

0.00

Shared

0.00

None

28.55K

ISHARES TR

SOLE

CRE U S REIT ETF

Shares51.92K

TypeSH

Market value$2.96M

2.81%

Sole

0.00

Shared

0.00

None

51.92K

JANUS DETROIT STR TR

SOLE

HENDERSON MTG

Shares43.91K

TypeSH

Market value$2.01M

1.91%

Sole

0.00

Shared

0.00

None

43.91K

NVIDIA CORPORATION

SOLE

COM

Shares10.32K

TypeSH

Market value$1.93M

1.83%

Sole

0.00

Shared

0.00

None

10.32K

ISHARES TR

SOLE

RESIDENTIAL MULT

Shares23.22K

TypeSH

Market value$1.92M

1.82%

Sole

0.00

Shared

0.00

None

23.22K

WASTE MGMT INC DEL

SOLE

COM

Shares7.80K

TypeSH

Market value$1.71M

1.63%

Sole

0.00

Shared

0.00

None

7.80K

FIRST TR EXCHANGE-TRADED FD

SOLE

SMID RISNG ETF

Shares42.21K

TypeSH

Market value$1.62M

1.54%

Sole

0.00

Shared

0.00

None

42.21K

ALPHABET INC

SOLE

CAP STK CL A

Shares5.01K

TypeSH

Market value$1.57M

1.49%

Sole

0.00

Shared

0.00

None

5.01K

APPLE INC

SOLE

COM

Shares5.38K

TypeSH

Market value$1.46M

1.39%

Sole

0.00

Shared

0.00

None

5.38K

VANGUARD INDEX FDS

SOLE

MID CAP ETF

Shares4.46K

TypeSH

Market value$1.29M

1.23%

Sole

0.00

Shared

0.00

None

4.46K

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares42.34K

TypeSH

Market value$1.16M

1.10%

Sole

0.00

Shared

0.00

None

42.34K

BANK OZK LITTLE ROCK ARK

SOLE

COM

Shares15.97K

TypeSH

Market value$735.1K

0.70%

Sole

0.00

Shared

0.00

None

15.97K

FIRST TR EXCHANGE-TRADED FD

SOLE

WTR ETF

Shares5.95K

TypeSH

Market value$646.1K

0.61%

Sole

0.00

Shared

0.00

None

5.95K

Issuer	Class	Shares	Type	Value / Portfolio %	None
ISHARES TRSOLE	CORE MSCI INTL	116.72K	SH	$9.63M 9.14%	116.72K
INVESCO QQQ TRSOLE	UNIT SER 1	14.57K	SH	$8.95M 8.50%	14.57K
ISHARES TRSOLE	MSCI INTL QUALTY	196.47K	SH	$8.93M 8.48%	196.47K
SPDR SERIES TRUSTSOLE	STATE STREET SPD	279.07K	SH	$8.43M 8.01%	279.07K
FRANKLIN TEMPLETON ETF TRSOLE	US MID CP MLTFCT	149.29K	SH	$8.40M 7.98%	149.29K
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 QUALITY	81.10K	SH	$6.09M 5.78%	81.10K
INVESCO EXCHANGE TRADED FD TSOLE	S&P MDCP QUALITY	56.28K	SH	$5.76M 5.48%	56.28K
SPDR SERIES TRUSTSOLE	STATE STREET SPD	221.40K	SH	$5.61M 5.32%	221.40K
FIRST TR EXCHANGE-TRADED ALPSOLE	SML CP GRW ALP	46.51K	SH	$4.47M 4.25%	46.51K
SPDR INDEX SHS FDSSOLE	PORTFOLIO EMG MK	87.57K	SH	$4.10M 3.89%	87.57K
SCHWAB STRATEGIC TRSOLE	US TIPS ETF	150.97K	SH	$4.00M 3.80%	150.97K
ISHARES TRSOLE	ISHS 5-10YR INVT	61.72K	SH	$3.33M 3.16%	61.72K
WALMART INCSOLE	COM	28.55K	SH	$3.18M 3.02%	28.55K
ISHARES TRSOLE	CRE U S REIT ETF	51.92K	SH	$2.96M 2.81%	51.92K
JANUS DETROIT STR TRSOLE	HENDERSON MTG	43.91K	SH	$2.01M 1.91%	43.91K
NVIDIA CORPORATIONSOLE	COM	10.32K	SH	$1.93M 1.83%	10.32K
ISHARES TRSOLE	RESIDENTIAL MULT	23.22K	SH	$1.92M 1.82%	23.22K
WASTE MGMT INC DELSOLE	COM	7.80K	SH	$1.71M 1.63%	7.80K
FIRST TR EXCHANGE-TRADED FDSOLE	SMID RISNG ETF	42.21K	SH	$1.62M 1.54%	42.21K
ALPHABET INCSOLE	CAP STK CL A	5.01K	SH	$1.57M 1.49%	5.01K
APPLE INCSOLE	COM	5.38K	SH	$1.46M 1.39%	5.38K
VANGUARD INDEX FDSSOLE	MID CAP ETF	4.46K	SH	$1.29M 1.23%	4.46K
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	42.34K	SH	$1.16M 1.10%	42.34K
BANK OZK LITTLE ROCK ARKSOLE	COM	15.97K	SH	$735.1K 0.70%	15.97K
FIRST TR EXCHANGE-TRADED FDSOLE	WTR ETF	5.95K	SH	$646.1K 0.61%	5.95K

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