WHARTON BUSINESS GROUP, LLC

Filed: 11/10/2025ACC: 0001513126-25-000006

📋 What this filing means

WHARTON BUSINESS GROUP, LLC filed this quarterly 13F‑HR report disclosing 140 equity positions with a total reported market value of $2.29B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

140

Positions

$2.29B

Total AUM (reported)

26.88M

Total Shares

Allocation by class

COM$365.80M16.0%

MSCI USA VALUE$150.85M6.6%

MSCI EAFE MIN VL$149.86M6.5%

MSCI EMERG MRKT$146.19M6.4%

KBW BK ETF$143.45M6.3%

HIGH DIV YLD$125.76M5.5%

ISHARES FLEXIBLE$96.95M4.2%

Portfolio Concentration

Top 3$446.89M19.5%

4–10$726.35M31.7%

11–25$662.05M28.9%

Rest$453.76M19.8%

Top 3 weight

19.5%

Top 10 weight

51.3%

Voting Authority Distribution

Total shares with voting rights: 26.88M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

26.88M

% of voting shares100.0%

Investment Discretion (by position count)

Sole140

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings140

Rows:

ISHARES TR

SOLE

MSCI USA VALUE

Shares1.21M

TypeSH

Market value$150.85M

6.59%

Sole

0.00

Shared

0.00

None

1.21M

ISHARES TR

SOLE

MSCI EAFE MIN VL

Shares1.77M

TypeSH

Market value$149.86M

6.55%

Sole

0.00

Shared

0.00

None

1.77M

ISHARES INC

SOLE

MSCI EMERG MRKT

Shares2.29M

TypeSH

Market value$146.19M

6.39%

Sole

0.00

Shared

0.00

None

2.29M

INVESCO EXCH TRADED FD TR II

SOLE

KBW BK ETF

Shares1.83M

TypeSH

Market value$143.45M

6.27%

Sole

0.00

Shared

0.00

None

1.83M

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares892.21K

TypeSH

Market value$125.76M

5.49%

Sole

0.00

Shared

0.00

None

892.21K

APPLE INC

SOLE

COM

Shares436.13K

TypeSH

Market value$111.05M

4.85%

Sole

0.00

Shared

0.00

None

436.13K

BLACKROCK ETF TRUST II

SOLE

ISHARES FLEXIBLE

Shares1.82M

TypeSH

Market value$96.95M

4.24%

Sole

0.00

Shared

0.00

None

1.82M

ISHARES TR

SOLE

US INFRASTRUC

Shares1.72M

TypeSH

Market value$90.59M

3.96%

Sole

0.00

Shared

0.00

None

1.72M

ISHARES INC

SOLE

CORE MSCI EMKT

Shares1.26M

TypeSH

Market value$83.18M

3.63%

Sole

0.00

Shared

0.00

None

1.26M

ISHARES TR

SOLE

CORE S&P500 ETF

Shares112.60K

TypeSH

Market value$75.36M

3.29%

Sole

0.00

Shared

0.00

None

112.60K

SELECT SECTOR SPDR TR

SOLE

TECHNOLOGY

Shares257.99K

TypeSH

Market value$72.72M

3.18%

Sole

0.00

Shared

0.00

None

257.99K

VANGUARD INTL EQUITY INDEX F

SOLE

ALLWRLD EX US

Shares973.98K

TypeSH

Market value$69.51M

3.04%

Sole

0.00

Shared

0.00

None

973.98K

VANGUARD BD INDEX FDS

SOLE

VANGUARD ULTRA

Shares1.37M

TypeSH

Market value$68.39M

2.99%

Sole

0.00

Shared

0.00

None

1.37M

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 EQL WGT

Shares286.56K

TypeSH

Market value$54.36M

2.37%

Sole

0.00

Shared

0.00

None

286.56K

ISHARES TR

SOLE

RUS TP200 GR ETF

Shares197.39K

TypeSH

Market value$54.02M

2.36%

Sole

0.00

Shared

0.00

None

197.39K

JPMORGAN CHASE & CO.

SOLE

COM

Shares167.26K

TypeSH

Market value$52.76M

2.30%

Sole

0.00

Shared

0.00

None

167.26K

ISHARES TR

SOLE

FUTURE AI & TECH

Shares989.04K

TypeSH

Market value$45.28M

1.98%

Sole

0.00

Shared

0.00

None

989.04K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares82K

TypeSH

Market value$41.22M

1.80%

Sole

0.00

Shared

0.00

None

82K

GOLDMAN SACHS GROUP INC

SOLE

COM

Shares50.37K

TypeSH

Market value$40.11M

1.75%

Sole

0.00

Shared

0.00

None

50.37K

ISHARES TR

SOLE

MSCI INTL QUALTY

Shares767.65K

TypeSH

Market value$33.92M

1.48%

Sole

0.00

Shared

0.00

None

767.65K

SELECT SECTOR SPDR TR

SOLE

SBI HEALTHCARE

Shares233.92K

TypeSH

Market value$32.55M

1.42%

Sole

0.00

Shared

0.00

None

233.92K

SPDR SERIES TRUST

SOLE

S&P BK ETF

Shares432.86K

TypeSH

Market value$25.72M

1.12%

Sole

0.00

Shared

0.00

None

432.86K

VANGUARD SPECIALIZED FUNDS

SOLE

DIV APP ETF

Shares113.71K

TypeSH

Market value$24.54M

1.07%

Sole

0.00

Shared

0.00

None

113.71K

CATERPILLAR INC

SOLE

COM

Shares49.58K

TypeSH

Market value$23.66M

1.03%

Sole

0.00

Shared

0.00

None

49.58K

ISHARES TR

SOLE

CORE HIGH DV ETF

Shares190.16K

TypeSH

Market value$23.29M

1.02%

Sole

0.00

Shared

0.00

None

190.16K

Issuer	Class	Shares	Type	Value / Portfolio %	None
ISHARES TRSOLE	MSCI USA VALUE	1.21M	SH	$150.85M 6.59%	1.21M
ISHARES TRSOLE	MSCI EAFE MIN VL	1.77M	SH	$149.86M 6.55%	1.77M
ISHARES INCSOLE	MSCI EMERG MRKT	2.29M	SH	$146.19M 6.39%	2.29M
INVESCO EXCH TRADED FD TR IISOLE	KBW BK ETF	1.83M	SH	$143.45M 6.27%	1.83M
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	892.21K	SH	$125.76M 5.49%	892.21K
APPLE INCSOLE	COM	436.13K	SH	$111.05M 4.85%	436.13K
BLACKROCK ETF TRUST IISOLE	ISHARES FLEXIBLE	1.82M	SH	$96.95M 4.24%	1.82M
ISHARES TRSOLE	US INFRASTRUC	1.72M	SH	$90.59M 3.96%	1.72M
ISHARES INCSOLE	CORE MSCI EMKT	1.26M	SH	$83.18M 3.63%	1.26M
ISHARES TRSOLE	CORE S&P500 ETF	112.60K	SH	$75.36M 3.29%	112.60K
SELECT SECTOR SPDR TRSOLE	TECHNOLOGY	257.99K	SH	$72.72M 3.18%	257.99K
VANGUARD INTL EQUITY INDEX FSOLE	ALLWRLD EX US	973.98K	SH	$69.51M 3.04%	973.98K
VANGUARD BD INDEX FDSSOLE	VANGUARD ULTRA	1.37M	SH	$68.39M 2.99%	1.37M
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 EQL WGT	286.56K	SH	$54.36M 2.37%	286.56K
ISHARES TRSOLE	RUS TP200 GR ETF	197.39K	SH	$54.02M 2.36%	197.39K
JPMORGAN CHASE & CO.SOLE	COM	167.26K	SH	$52.76M 2.30%	167.26K
ISHARES TRSOLE	FUTURE AI & TECH	989.04K	SH	$45.28M 1.98%	989.04K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	82K	SH	$41.22M 1.80%	82K
GOLDMAN SACHS GROUP INCSOLE	COM	50.37K	SH	$40.11M 1.75%	50.37K
ISHARES TRSOLE	MSCI INTL QUALTY	767.65K	SH	$33.92M 1.48%	767.65K
SELECT SECTOR SPDR TRSOLE	SBI HEALTHCARE	233.92K	SH	$32.55M 1.42%	233.92K
SPDR SERIES TRUSTSOLE	S&P BK ETF	432.86K	SH	$25.72M 1.12%	432.86K
VANGUARD SPECIALIZED FUNDSSOLE	DIV APP ETF	113.71K	SH	$24.54M 1.07%	113.71K
CATERPILLAR INCSOLE	COM	49.58K	SH	$23.66M 1.03%	49.58K
ISHARES TRSOLE	CORE HIGH DV ETF	190.16K	SH	$23.29M 1.02%	190.16K

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