Mann Financial Group, Inc.

Key Holdings — Analysis and Significance

• IEFA (iShares TR) — $20.44M, 234K shares, 49.80%: This is the dominant holding and represents almost half of the reported portfolio. Given the size, IEFA drives the portfolio’s geographic and market exposure, volatility characteristics, and realized performance. Any significant move in that ETF will materially affect total returns and risk.
• USMV (iShares TR) — $7.79M, 82K shares, 18.97%: The second-largest position and the main U.S. equity exposure listed. This ETF is a minimum-volatility U.S. equity vehicle; at 18.97%, it meaningfully shapes the portfolio’s U.S. equity risk and style tilt toward lower volatility stocks.
• IEMG (iShares Inc) — $3.12M, 47K shares, 7.59%: Provides emerging markets exposure and, together with IEFA, establishes a strong non‑U.S. equity bias.
• Capital Group suite (CGGR, CGDV, CGXU, CGCP) — combined ~$4.93M (~12.0%): Multiple Capital Group ETFs appear to provide diversified exposures: growth, dividend/value, international focus, and a fixed income ETF (CGCP at $908K, 2.21%). This represents a material (≈12%) allocation to actively managed or branded strategies from a single asset manager.
• Other ETFs (XMHQ $1.41M, IDEV $385K, PULS $299K, IBIT $217K): Provide satellite exposures including sector/smart-beta and a small crypto access position via IBIT (0.53%).
• Individual equities — relatively small stakes: PLTR $314K, NVDA $284K, TSLA $274K, GEV $253K, VZ $244K. These positions are small in aggregate (~$1.37M of named equities) and together with IBIT constitute a modest tactical or high-conviction sleeve representing roughly 3–4% of assets.

Sector & Allocation Profile

• ETF exposure: $38.36M (93.5%): Broad-market, regional and factor ETFs dominate allocation.
• Explicit sector buckets reported: Technology $851K (2.07%), Consumer Cyclical $274K (0.67%), Communication Services $244K (0.59%), Financial Services (IBIT) $217K (0.53%), Unknown/uncoded $1.10M (2.67%).
• Asset-class tilt: The portfolio is equity‑heavy with minimal fixed income — only CGCP (Capital Group fixed income ETF) is a clear bond allocation at $908K (2.21%). Cash and conventional bonds are effectively negligible in the reported holdings.
• Geographic tilt: Based on names of the largest ETFs, there is a pronounced non‑U.S. / developed international overweight (IEFA alone is 49.8%; adding IEMG at 7.59% yields ~57.4% explicitly in non‑U.S. ETFs). US exposure appears concentrated in USMV (18.97%) and smaller US-focused ETFs/positions. This produces a material non‑U.S. bias versus the typical US‑centric institutional allocation.