Wharton Business Group

MALVERN, PAfiles as Wharton Business Group, LLC

$3.0bn in 142 US stocks at the end of 30 June 2026. The top 10 are 52.1% of the money. It changed about 5.0% of the portfolio this quarter.

Value

$3.0bn

Stocks

142

Top 10 share

52.1%

Turnover

5.0%

What changed this quarter

New

Bought for the first time this quarter.

Dell TechnologiesDELL
<0.1% of the fund
VisaV
<0.1% of the fund
UnitedHealth GroupUNH
<0.1% of the fund
AbbVieABBV
<0.1% of the fund

Added

Bought more of a stock they already held.

Blackrock ETF Trust IIBINC
5.4% of the fund
+18%
Ishares TRIGSB
1.2% of the fund
+152%
Blackrock ETF TrustBAI
1.1% of the fund
+7%
Blackrock ETF TrustIDEF
0.9% of the fund
+8%
Ishares TROEF
0.4% of the fund
+4%
FedExFDX
0.2% of the fund
+25%
S&T BancorpSTBA
<0.1% of the fund
+3%
Vanguard Scottsdale FDSVCSH
<0.1% of the fund
+5%
Pimco Corporate & Income Opportunity FundPTY
<0.1% of the fund
+3%

Cut

Sold some of their stake.

Ishares TRQUAL
8.6% of the fund
-3%
Ishares TRVLUE
7.1% of the fund
-8%
IsharesEEMV
5.8% of the fund
-2%
Invesco Exch Traded FD TR IIKBWB
5.5% of the fund
-3%
Ishares TREFAV
4.9% of the fund
-2%
Vanguard Whitehall FDSVYM
4.3% of the fund
-8%
AppleAAPL
3.9% of the fund
-6%
Ishares TRIFRA
3.4% of the fund
-8%
IsharesIEMG
3.2% of the fund
-6%
Select Sector Spdr TRXLK
2.9% of the fund
-7%
Ishares TRARTY
2.4% of the fund
-3%
Ishares TRIVV
2.1% of the fund
-26%
CaterpillarCAT
1.4% of the fund
-14%
CumminsCMI
1.1% of the fund
-9%
Vanguard Specialized FundsVIG
0.8% of the fund
-9%
Quanta ServicesPWR
0.8% of the fund
-14%
Vanguard Intl Equity Index FVWO
0.8% of the fund
-2%
Ishares TRHDV
0.7% of the fund
-17%
AlphabetGOOGL
0.6% of the fund
-9%
Ishares TRIHAK
0.6% of the fund
-9%
Ishares TRIHI
0.5% of the fund
-7%
Ishares TRSOXX
0.3% of the fund
-3%
Vanguard Index FDSVBR
0.3% of the fund
-24%
Select Sector Spdr TRXLI
<0.1% of the fund
-2%
Hunt J B Transport ServicesJBHT
<0.1% of the fund
-5%

Sold out

Sold their entire stake.

AccentureACN
-100%
Alibaba Group HldgBABA
-100%
Palantir TechnologiesPLTR
-100%

Holdings

Ishares TRQUAL
Share
8.6%
Value
$256m
Shares
1,167,255
-3%
Ishares TRVLUE
Share
7.1%
Value
$213m
Shares
1,066,732
-8%
IsharesEEMV
Share
5.8%
Value
$173m
Shares
2,294,992
-2%
Invesco Exch Traded FD TR IIKBWB
Share
5.5%
Value
$164m
Shares
1,767,605
-3%
Blackrock ETF Trust IIBINC
Share
5.4%
Value
$161m
Shares
3,067,790
+18%
Ishares TREFAV
Share
4.9%
Value
$147m
Shares
1,671,587
-2%
Vanguard Whitehall FDSVYM
Share
4.3%
Value
$130m
Shares
820,989
-8%
AppleAAPL
Share
3.9%
Value
$117m
Shares
405,851
-6%
Ishares TRIFRA
Share
3.4%
Value
$100m
Shares
1,592,700
-8%
IsharesIEMG
Share
3.2%
Value
$96m
Shares
1,155,957
-6%
Select Sector Spdr TRXLK
Share
2.9%
Value
$86m
Shares
450,797
-7%
Vanguard Intl Equity Index FVEU
Share
2.5%
Value
$74m
Shares
881,721
Held
Vanguard BD Index FDSVUSB
Share
2.4%
Value
$72m
Shares
1,437,741
Held
Ishares TRARTY
Share
2.4%
Value
$70m
Shares
930,967
-3%
Ishares TRIVV
Share
2.1%
Value
$62m
Shares
83,433
-26%
Invesco Exchange Traded FD TRSP
Share
2.1%
Value
$62m
Shares
290,918
Held
Ishares TRIWY
Share
2.0%
Value
$59m
Shares
203,184
Held
JPMorgan ChaseJPM
Share
1.8%
Value
$53m
Shares
162,098
Held
Goldman Sachs GroupGS
Share
1.6%
Value
$49m
Shares
48,491
Held
CaterpillarCAT
Share
1.4%
Value
$43m
Shares
40,314
-14%
Berkshire HathawayBRK-B
Share
1.4%
Value
$41m
Shares
81,672
Held
Ishares TRIQLT
Share
1.3%
Value
$39m
Shares
779,050
Held
Select Sector Spdr TRXLV
Share
1.2%
Value
$37m
Shares
232,139
Held
Spdr Series TrustKBE
Share
1.2%
Value
$37m
Shares
537,221
Held
Ishares TRIGSB
Share
1.2%
Value
$35m
Shares
662,380
+152%
CumminsCMI
Share
1.1%
Value
$33m
Shares
46,586
-9%
Blackrock ETF TrustBAI
Share
1.1%
Value
$32m
Shares
598,286
+7%
Blackrock ETF TrustIDEF
Share
0.9%
Value
$28m
Shares
865,845
+8%
Invesco Exchange Traded FD TPWB
Share
0.9%
Value
$27m
Shares
160,799
Held
Invesco Exchange Traded FD TPRF
Share
0.9%
Value
$27m
Shares
495,030
Held
Vanguard Specialized FundsVIG
Share
0.8%
Value
$25m
Shares
104,183
-9%
Quanta ServicesPWR
Share
0.8%
Value
$24m
Shares
33,545
-14%
Select Sector Spdr TRXLF
Share
0.8%
Value
$23m
Shares
436,687
Held
Vanguard Intl Equity Index FVWO
Share
0.8%
Value
$23m
Shares
388,891
-2%
Ishares TRHDV
Share
0.7%
Value
$22m
Shares
799,575
-17%
Bank of AmericaBAC
Share
0.7%
Value
$21m
Shares
374,259
Held
Spdr Index SHS FDSGII
Share
0.6%
Value
$19m
Shares
254,990
Held
Ishares TRIHF
Share
0.6%
Value
$19m
Shares
335,810
Held
AlphabetGOOGL
Share
0.6%
Value
$18m
Shares
21,181
-9%
Ishares TRIHAK
Share
0.6%
Value
$18m
Shares
288,965
-9%
Ishares TRXT
Share
0.6%
Value
$17m
Shares
202,875
Held
Cisco SystemsCSCO
Share
0.6%
Value
$17m
Shares
140,534
Held
Ishares TRIHI
Share
0.5%
Value
$14m
Shares
273,580
-7%
Ishares TROEF
Share
0.4%
Value
$12m
Shares
33,074
+4%
Invesco Exchange Traded FD TPWV
Share
0.4%
Value
$12m
Shares
155,635
Held
Ishares TREXI
Share
0.4%
Value
$12m
Shares
58,345
Held
Ishares TRSOXX
Share
0.3%
Value
$10m
Shares
15,330
-3%
Vanguard Index FDSVBR
Share
0.3%
Value
$10m
Shares
40,400
-24%
General MotorsGM
Share
0.3%
Value
$9m
Shares
120,725
Held
Ishares TRIDNA
Share
0.3%
Value
$9m
Shares
268,472
Held
Ishares TRMCHI
Share
0.3%
Value
$9m
Shares
166,865
Held
Jacobs SolutionsJ
Share
0.3%
Value
$8m
Shares
62,600
Held
FedExFDX
Share
0.2%
Value
$7m
Shares
23,411
+25%
CitigroupC
Share
0.2%
Value
$7m
Shares
50,778
Held
Union PacificUNP
Share
0.2%
Value
$7m
Shares
24,731
Held
Ishares TRUSMV
Share
0.2%
Value
$6m
Shares
66,592
Held
CSXCSX
Share
0.2%
Value
$6m
Shares
126,685
Held
MicrosoftMSFT
Share
0.2%
Value
$5m
Shares
13,443
Held
TextronTXT
Share
0.2%
Value
$5m
Shares
52,320
Held
ASML Holding NVASML
Share
0.2%
Value
$5m
Shares
2,270
Held
Ishares TRXVV
Share
0.1%
Value
$4m
Shares
75,920
Held
Ishares TRIWF
Share
0.1%
Value
$4m
Shares
34,088
Held
Ishares TREMB
Share
0.1%
Value
$4m
Shares
42,115
Held
NvidiaNVDA
Share
0.1%
Value
$3m
Shares
15,606
Held
Spdr Series TrustXPH
Share
0.1%
Value
$3m
Shares
46,395
Held
Ishares TRIEFA
Share
<0.1%
Value
$3m
Shares
29,093
Held
Amazon.comAMZN
Share
<0.1%
Value
$3m
Shares
11,395
Held
Select Sector Spdr TRXLI
Share
<0.1%
Value
$3m
Shares
13,632
-2%
Hunt J B Transport ServicesJBHT
Share
<0.1%
Value
$2m
Shares
7,961
-5%
Ishares TRSMLF
Share
<0.1%
Value
$2m
Shares
21,700
Held
Ishares TRCNYA
Share
<0.1%
Value
$2m
Shares
43,605
Held
AlphabetGOOG
Share
<0.1%
Value
$2m
Shares
4,642
Held
Global X FDSCHIQ
Share
<0.1%
Value
$2m
Shares
98,567
Held
Wells Fargo & CompanyWFC
Share
<0.1%
Value
$1m
Shares
17,675
Held
CintasCTAS
Share
<0.1%
Value
$1m
Shares
8,128
Held
IsharesEEMA
Share
<0.1%
Value
$1m
Shares
11,722
-3%
Meta PlatformsMETA
Share
<0.1%
Value
$1m
Shares
2,424
-6%
Dimensional ETF TrustDFAC
Share
<0.1%
Value
$1m
Shares
30,402
Held
S&T BancorpSTBA
Share
<0.1%
Value
$1m
Shares
27,033
+3%
GE VernovaGEV
Share
<0.1%
Value
$1m
Shares
1,000
-12%
Smurfit WestrockSW
Share
<0.1%
Value
$1m
Shares
24,424
Held
Vanguard Scottsdale FDSVCSH
Share
<0.1%
Value
$1m
Shares
13,605
+5%
NextnavNN
Share
<0.1%
Value
$1m
Shares
56,360
Held
Ishares TRFXI
Share
<0.1%
Value
$1m
Shares
31,703
Held
Wisdomtree TRDGRW
Share
<0.1%
Value
$989,189
Shares
10,345
Held
MID Penn BancorpMPB
Share
<0.1%
Value
$944,443
Shares
27,108
Held
Dimensional ETF TrustDFAX
Share
<0.1%
Value
$924,316
Shares
25,090
Held
Vanguard World FDMGV
Share
<0.1%
Value
$884,265
Shares
5,410
Held
IntelINTC
Share
<0.1%
Value
$860,819
Shares
6,165
-8%
Eli LillyLLY
Share
<0.1%
Value
$797,621
Shares
665
Held
IsharesHEEM
Share
<0.1%
Value
$709,641
Shares
15,865
-3%
Bank of New York MellonBNY
Share
<0.1%
Value
$691,236
Shares
4,780
Held
PNC Financial Services GroupPNC
Share
<0.1%
Value
$654,000
Shares
2,656
Held
Morgan StanleyMS
Share
<0.1%
Value
$608,097
Shares
2,909
Held
Vanguard Scottsdale FDSVONG
Share
<0.1%
Value
$595,595
Shares
4,660
Held
AdobeADBE
Share
<0.1%
Value
$558,269
Shares
2,723
Held
Texas InstrumentsTXN
Share
<0.1%
Value
$511,190
Shares
1,715
Held
Wisdomtree TRWTV
Share
<0.1%
Value
$496,902
Shares
4,885
Held
Lam ResearchLRCX
Share
<0.1%
Value
$493,996
Shares
1,140
Held
Invesco Exch Traded FD TR IIPSCT
Share
<0.1%
Value
$483,000
Shares
5,230
Held

Company	Share of fund	Value	Shares	Change
Ishares TRQUAL	8.6%	$256m	1,167,255	-3%
Ishares TRVLUE	7.1%	$213m	1,066,732	-8%
IsharesEEMV	5.8%	$173m	2,294,992	-2%
Invesco Exch Traded FD TR IIKBWB	5.5%	$164m	1,767,605	-3%
Blackrock ETF Trust IIBINC	5.4%	$161m	3,067,790	+18%
Ishares TREFAV	4.9%	$147m	1,671,587	-2%
Vanguard Whitehall FDSVYM	4.3%	$130m	820,989	-8%
AppleAAPL	3.9%	$117m	405,851	-6%
Ishares TRIFRA	3.4%	$100m	1,592,700	-8%
IsharesIEMG	3.2%	$96m	1,155,957	-6%
Select Sector Spdr TRXLK	2.9%	$86m	450,797	-7%
Vanguard Intl Equity Index FVEU	2.5%	$74m	881,721	Held
Vanguard BD Index FDSVUSB	2.4%	$72m	1,437,741	Held
Ishares TRARTY	2.4%	$70m	930,967	-3%
Ishares TRIVV	2.1%	$62m	83,433	-26%
Invesco Exchange Traded FD TRSP	2.1%	$62m	290,918	Held
Ishares TRIWY	2.0%	$59m	203,184	Held
JPMorgan ChaseJPM	1.8%	$53m	162,098	Held
Goldman Sachs GroupGS	1.6%	$49m	48,491	Held
CaterpillarCAT	1.4%	$43m	40,314	-14%
Berkshire HathawayBRK-B	1.4%	$41m	81,672	Held
Ishares TRIQLT	1.3%	$39m	779,050	Held
Select Sector Spdr TRXLV	1.2%	$37m	232,139	Held
Spdr Series TrustKBE	1.2%	$37m	537,221	Held
Ishares TRIGSB	1.2%	$35m	662,380	+152%
CumminsCMI	1.1%	$33m	46,586	-9%
Blackrock ETF TrustBAI	1.1%	$32m	598,286	+7%
Blackrock ETF TrustIDEF	0.9%	$28m	865,845	+8%
Invesco Exchange Traded FD TPWB	0.9%	$27m	160,799	Held
Invesco Exchange Traded FD TPRF	0.9%	$27m	495,030	Held
Vanguard Specialized FundsVIG	0.8%	$25m	104,183	-9%
Quanta ServicesPWR	0.8%	$24m	33,545	-14%
Select Sector Spdr TRXLF	0.8%	$23m	436,687	Held
Vanguard Intl Equity Index FVWO	0.8%	$23m	388,891	-2%
Ishares TRHDV	0.7%	$22m	799,575	-17%
Bank of AmericaBAC	0.7%	$21m	374,259	Held
Spdr Index SHS FDSGII	0.6%	$19m	254,990	Held
Ishares TRIHF	0.6%	$19m	335,810	Held
AlphabetGOOGL	0.6%	$18m	21,181	-9%
Ishares TRIHAK	0.6%	$18m	288,965	-9%
Ishares TRXT	0.6%	$17m	202,875	Held
Cisco SystemsCSCO	0.6%	$17m	140,534	Held
Ishares TRIHI	0.5%	$14m	273,580	-7%
Ishares TROEF	0.4%	$12m	33,074	+4%
Invesco Exchange Traded FD TPWV	0.4%	$12m	155,635	Held
Ishares TREXI	0.4%	$12m	58,345	Held
Ishares TRSOXX	0.3%	$10m	15,330	-3%
Vanguard Index FDSVBR	0.3%	$10m	40,400	-24%
General MotorsGM	0.3%	$9m	120,725	Held
Ishares TRIDNA	0.3%	$9m	268,472	Held
Ishares TRMCHI	0.3%	$9m	166,865	Held
Jacobs SolutionsJ	0.3%	$8m	62,600	Held
FedExFDX	0.2%	$7m	23,411	+25%
CitigroupC	0.2%	$7m	50,778	Held
Union PacificUNP	0.2%	$7m	24,731	Held
Ishares TRUSMV	0.2%	$6m	66,592	Held
CSXCSX	0.2%	$6m	126,685	Held
MicrosoftMSFT	0.2%	$5m	13,443	Held
TextronTXT	0.2%	$5m	52,320	Held
ASML Holding NVASML	0.2%	$5m	2,270	Held
Ishares TRXVV	0.1%	$4m	75,920	Held
Ishares TRIWF	0.1%	$4m	34,088	Held
Ishares TREMB	0.1%	$4m	42,115	Held
NvidiaNVDA	0.1%	$3m	15,606	Held
Spdr Series TrustXPH	0.1%	$3m	46,395	Held
Ishares TRIEFA	<0.1%	$3m	29,093	Held
Amazon.comAMZN	<0.1%	$3m	11,395	Held
Select Sector Spdr TRXLI	<0.1%	$3m	13,632	-2%
Hunt J B Transport ServicesJBHT	<0.1%	$2m	7,961	-5%
Ishares TRSMLF	<0.1%	$2m	21,700	Held
Ishares TRCNYA	<0.1%	$2m	43,605	Held
AlphabetGOOG	<0.1%	$2m	4,642	Held
Global X FDSCHIQ	<0.1%	$2m	98,567	Held
Wells Fargo & CompanyWFC	<0.1%	$1m	17,675	Held
CintasCTAS	<0.1%	$1m	8,128	Held
IsharesEEMA	<0.1%	$1m	11,722	-3%
Meta PlatformsMETA	<0.1%	$1m	2,424	-6%
Dimensional ETF TrustDFAC	<0.1%	$1m	30,402	Held
S&T BancorpSTBA	<0.1%	$1m	27,033	+3%
GE VernovaGEV	<0.1%	$1m	1,000	-12%
Smurfit WestrockSW	<0.1%	$1m	24,424	Held
Vanguard Scottsdale FDSVCSH	<0.1%	$1m	13,605	+5%
NextnavNN	<0.1%	$1m	56,360	Held
Ishares TRFXI	<0.1%	$1m	31,703	Held
Wisdomtree TRDGRW	<0.1%	$989,189	10,345	Held
MID Penn BancorpMPB	<0.1%	$944,443	27,108	Held
Dimensional ETF TrustDFAX	<0.1%	$924,316	25,090	Held
Vanguard World FDMGV	<0.1%	$884,265	5,410	Held
IntelINTC	<0.1%	$860,819	6,165	-8%
Eli LillyLLY	<0.1%	$797,621	665	Held
IsharesHEEM	<0.1%	$709,641	15,865	-3%
Bank of New York MellonBNY	<0.1%	$691,236	4,780	Held
PNC Financial Services GroupPNC	<0.1%	$654,000	2,656	Held
Morgan StanleyMS	<0.1%	$608,097	2,909	Held
Vanguard Scottsdale FDSVONG	<0.1%	$595,595	4,660	Held
AdobeADBE	<0.1%	$558,269	2,723	Held
Texas InstrumentsTXN	<0.1%	$511,190	1,715	Held
Wisdomtree TRWTV	<0.1%	$496,902	4,885	Held
Lam ResearchLRCX	<0.1%	$493,996	1,140	Held
Invesco Exch Traded FD TR IIPSCT	<0.1%	$483,000	5,230	Held

Showing the largest 100 of 142.

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 26.2% since 30 June 2025.

Where the money is

Financial services6.0%

Technology4.9%

Industrials4.8%

Media & telecom0.7%

Retail & consumer0.4%

Health care0.1%

Materials0.0%

Energy0.0%

Real estate0.0%

Everyday goods0.0%

Other83.0%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.