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Wharton Business Group, LLC — 13F Holdings & Portfolio

CIK 1513126 · latest 13F-HR filed 2026-08-10

Backtest portfolio

Wharton Business Group, LLC manages $2.99B in 13F-reported U.S. long-equity assets across 142 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are QUAL (8.56%), VLUE (7.13%), EEMV (5.78%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 4 new positions and exited 3; 90 existing positions rose in reported value and 23 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$2.99B

Long-equity book

Holdings
142

Distinct positions

Period
2026-06-30

Filed 2026-08-10

Q/Q Activity
+4 / −3 / ↑90 / ↓23

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
QUAL8.6% · -3%VLUE7.1% · -8%EEMV5.8% · -2%KBWB5.5% · -3%BINC5.4% · +18%EFAV4.9% · -2%VYM4.3% · -8%AAPL3.9% · -6%IFRA3.4% · -8%IEMG3.2% · -6%XLK2.9% · -7%VEU2.5% · 0%VUSB2.4% · +1%ARTY2.4% · -2%IVV2.1% · -26%RSP2.1% · +0%IWY2.0% · +1%JPM1.8% · -0%GS1.6% · 0%CAT1.4% · -14%BRK.B1.4% · -0%IQLT1.3% · 0%XLV1.2% · -0%KBE1.2% · -0%IGSB1.2% · +152%CMI1.1% · -9%BAI1.1% · +8%IDEF0.9% · +8%PWB0.9% · -2%PRF0.9% · 0%VIG0.8% · -9%PWR0.8% · -14%XLF0.8% · +2%VWO0.8% · -2%HDV0.7% · +316%BAC0.7% · -1%GII0.6% · 0%IHF0.6% · 0%GOOGL0.6% · -9%IHAK0.6% · -9%XT0.6% · 0%CSCO0.6% · 0%IHI0.5% · -7%OEF0.4% · +4%PWV0.4% · 0%EXI0.4% · 0%SOXX0.3% · -3%VBR0.3% · -24%GM0.3% · 0%IDNA0.3% · -1%MCHI0.3% · 0%J0.3% · +0%FDX0.2% · +25%C0.2% · -0%UNP0.2% · -1%USMV0.2% · -1%CSX0.2% · 0%MSFT0.2% · +0%TXT0.2% · 0%ASML0.2% · -1%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 52.1%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Aug 1, 2026.

Assets Under Management
$4.57B
Discretionary
$4.14B
Employees
5
Accounts
337
Address
110 N. PHOENIXVILLE PIKE
SUITE 300
MALVERN, PA 19355
Phone
(484) 327-8262
Website
This firm reports 1 disclosure item on its registration.
Name Title / Status Ownership Type
ALERA GROUP INC ControlDIRECT OWNER
since Jun 2022
75% or moreDomestic Entity
WEBSTER, BILLY, JOE ControlCHIEF COMPLIANCE OFFICER
since Sep 2009
Less than 5%Individual
ALERA GROUP HOLDINGS, INC Control
Indirect owner via ALERA GROUP INTERMEDIATE HOLDINGS, LLC
INDIRECT OWNER
since Jun 2022
75% or moreDomestic Entity
ALERA GROUP INTERMEDIATE HOLDINGS, LLC Control
Indirect owner via ALERA GROUP INC
INDIRECT OWNER
since Jun 2022
75% or moreDomestic Entity
ALERA GROUP ULTIMATE HOLDINGS, LLC Control
Indirect owner via ALERA GROUP HOLDINGS, INC
INDIRECT OWNER
since Jun 2022
75% or moreDomestic Entity
GENSTAR X ALERA GROUP HOLDINGS, LLC Control
Indirect owner via ALERA GROUP ULTIMATE HOLDINGS, LLC
INDIRECT OWNER
since Jun 2022
25–50%Domestic Entity
Ownership & leadership changes · 3 filings with changes since May 29, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Jun 26, 2025 filing
  • No longer listedGENSTAR CAPITAL PARTNERS X, L.P. · INDIRECT OWNER · 25–50% · indirect via GENSTAR X ALERA GROUP HOLDINGS, LLC · control person · listed since Jun 2022
Mar 19, 2025 filing
  • No longer listedALERA GROUP HOLDINGS INC · INDIRECT OWNER · 75% or more · indirect via ALERA GROUP INTERMEDIATE HOLDINGS · listed since Jun 2022
  • No longer listedALERA GROUP INTERMEDIATE HOLDINGS · INDIRECT OWNER · 75% or more · indirect via ALERA GROUP INC · listed since Jun 2022
  • No longer listedALERA GROUP ULTIMATE HOLIDNGS · INDIRECT OWNER · 75% or more · indirect via ALERA GROUP HOLDINGS INC · listed since Jun 2022
  • No longer listedGENSTAR CAPITAL PARTNERS · INDIRECT OWNER · 25–50% · indirect via GENSTAR X ALERA GROUP HOLDINGS · listed since Jun 2022
  • No longer listedGENSTAR X ALERA GROUP HOLDINGS · INDIRECT OWNER · 25–50% · indirect via ALERA GROUP ULTIMATE HOLIDNGS · listed since Jun 2022
  • AddedALERA GROUP HOLDINGS, INC · INDIRECT OWNER · 75% or more · indirect via ALERA GROUP INTERMEDIATE HOLDINGS, LLC · control person
  • AddedALERA GROUP INTERMEDIATE HOLDINGS, LLC · INDIRECT OWNER · 75% or more · indirect via ALERA GROUP INC · control person
  • AddedALERA GROUP ULTIMATE HOLDINGS, LLC · INDIRECT OWNER · 75% or more · indirect via ALERA GROUP HOLDINGS, INC · control person
  • AddedGENSTAR CAPITAL PARTNERS X, L.P. · INDIRECT OWNER · 25–50% · indirect via GENSTAR X ALERA GROUP HOLDINGS, LLC · control person
  • AddedGENSTAR X ALERA GROUP HOLDINGS, LLC · INDIRECT OWNER · 25–50% · indirect via ALERA GROUP ULTIMATE HOLDINGS, LLC · control person
Mar 2, 2023 filing
  • No longer listedDELANEY, MATTHEW, SULLIVAN · MEMBER · 25–50% · control person · listed since Sep 2009
  • No longer listedHEMBROUGH, MARC, ALEXANDER · MEMBER · 25–50% · control person · listed since Sep 2009
  • AddedALERA GROUP HOLDINGS INC · INDIRECT OWNER · 75% or more · indirect via ALERA GROUP INTERMEDIATE HOLDINGS
  • AddedALERA GROUP INC · DIRECT OWNER · 75% or more · control person
  • AddedALERA GROUP INTERMEDIATE HOLDINGS · INDIRECT OWNER · 75% or more · indirect via ALERA GROUP INC
  • AddedALERA GROUP ULTIMATE HOLIDNGS · INDIRECT OWNER · 75% or more · indirect via ALERA GROUP HOLDINGS INC
  • AddedGENSTAR CAPITAL PARTNERS · INDIRECT OWNER · 25–50% · indirect via GENSTAR X ALERA GROUP HOLDINGS
  • AddedGENSTAR X ALERA GROUP HOLDINGS · INDIRECT OWNER · 25–50% · indirect via ALERA GROUP ULTIMATE HOLIDNGS
  • ChangedWEBSTER, BILLY, JOE · title MANAGING MEMBER AND CHIEF COMPLIANCE OFFICER → CHIEF COMPLIANCE OFFICER; ownership 25–50% → Less than 5%
May 29, 2012 filing (earliest on record)
  • ListedDELANEY, MATTHEW, SULLIVAN · MEMBER · 25–50% · control person
  • ListedHEMBROUGH, MARC, ALEXANDER · MEMBER · 25–50% · control person
  • ListedWEBSTER, BILLY, JOE · MANAGING MEMBER AND CHIEF COMPLIANCE OFFICER · 25–50% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 90 →

Top Trims

Show all 23 →

New Positions

Show all 4 →

Exited Positions

Show all 3 →

Wharton Business Group, LLC Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 ISHARES TR QUAL 46432F339 $256.1M 8.56% 1,167,255 SH
2 ISHARES TR VLUE 46432F388 $213.1M 7.13% 1,066,732 SH
3 ISHARES INC EEMV 464286533 $172.8M 5.78% 2,294,992 SH
4 INVESCO EXCH TRADED FD TR II KBWB 46138E628 $164.4M 5.50% 1,767,605 SH
5 BLACKROCK ETF TRUST II BINC 092528603 $160.6M 5.37% 3,067,790 SH
6 ISHARES TR EFAV 46429B689 $146.6M 4.90% 1,671,587 SH
7 VANGUARD WHITEHALL FDS VYM 921946406 $129.7M 4.34% 820,989 SH
8 APPLE INC AAPL 037833100 $117.4M 3.93% 405,851 SH
9 ISHARES TR IFRA 46435U713 $100.4M 3.36% 1,592,700 SH
10 ISHARES INC IEMG 46434G103 $95.8M 3.20% 1,155,957 SH
11 SELECT SECTOR SPDR TR XLK 81369Y803 $85.9M 2.87% 450,797 SH
12 VANGUARD INTL EQUITY INDEX F VEU 922042775 $73.8M 2.47% 881,721 SH
13 VANGUARD BD INDEX FDS VUSB 92203C303 $71.6M 2.39% 1,437,741 SH
14 ISHARES TR ARTY 46435U556 $70.5M 2.36% 930,967 SH
15 ISHARES TR IVV 464287200 $62.5M 2.09% 83,433 SH
16 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $61.9M 2.07% 290,918 SH
17 ISHARES TR IWY 464289438 $59.0M 1.97% 203,184 SH
18 JPMORGAN CHASE & CO JPM 46625H100 $53.1M 1.77% 162,098 SH
19 GOLDMAN SACHS GROUP INC GS 38141G104 $49.0M 1.64% 48,491 SH
20 CATERPILLAR INC CAT 149123101 $42.9M 1.44% 40,314 SH
21 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $40.9M 1.37% 81,672 SH
22 ISHARES TR IQLT 46434V456 $38.6M 1.29% 779,050 SH
23 SELECT SECTOR SPDR TR XLV 81369Y209 $36.8M 1.23% 232,139 SH
24 SPDR SERIES TRUST KBE 78464A797 $36.6M 1.23% 537,221 SH
25 ISHARES TR IGSB 464288646 $34.7M 1.16% 662,380 SH
26 CUMMINS INC CMI 231021106 $33.2M 1.11% 46,586 SH
27 BLACKROCK ETF TRUST BAI 09290C780 $31.5M 1.05% 598,286 SH
28 BLACKROCK ETF TRUST IDEF 09290C699 $27.5M 0.92% 865,845 SH
29 INVESCO EXCHANGE TRADED FD T PWB 46137V746 $27.1M 0.91% 160,799 SH
30 INVESCO EXCHANGE TRADED FD T PRF 46137V613 $26.7M 0.89% 495,030 SH
31 VANGUARD SPECIALIZED FUNDS VIG 921908844 $24.7M 0.82% 104,183 SH
32 QUANTA SVCS INC PWR 74762E102 $24.2M 0.81% 33,545 SH
33 SELECT SECTOR SPDR TR XLF 81369Y605 $23.4M 0.78% 436,687 SH
34 VANGUARD INTL EQUITY INDEX F VWO 922042858 $23.2M 0.78% 388,891 SH
35 ISHARES TR HDV 46429B663 $21.9M 0.73% 799,575 SH
36 BANK OF AMER CORP BAC 060505104 $21.3M 0.71% 374,259 SH
37 SPDR INDEX SHS FDS GII 78463X855 $19.3M 0.65% 254,990 SH
38 ISHARES TR IHF 464288828 $18.6M 0.62% 335,810 SH
39 ALPHABET INC GOOGL 02079K305 $17.6M 0.59% 21,181 SH
40 ISHARES TR IHAK 46435U135 $17.5M 0.59% 288,965 SH
41 ISHARES TR XT 46434V381 $16.8M 0.56% 202,875 SH
42 CISCO SYS INC CSCO 17275R102 $16.5M 0.55% 140,534 SH
43 ISHARES TR IHI 464288810 $13.5M 0.45% 273,580 SH
44 ISHARES TR OEF 464287101 $12.1M 0.40% 33,074 SH
45 INVESCO EXCHANGE TRADED FD T PWV 46137V738 $11.8M 0.39% 155,635 SH
46 ISHARES TR EXI 464288729 $11.7M 0.39% 58,345 SH
47 ISHARES TR SOXX 464287523 $9.8M 0.33% 15,330 SH
48 VANGUARD INDEX FDS VBR 922908611 $9.8M 0.33% 40,400 SH
49 GENERAL MTRS CO GM 37045V100 $9.3M 0.31% 120,725 SH
50 ISHARES TR IDNA 46435U192 $9.1M 0.30% 268,472 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-10 $2.99B 142 0001513126-26-000003
2026-03-31 2026-05-07 $2.65B 141 0001513126-26-000002
2025-12-31 2026-02-11 $2.63B 141 0001513126-26-000001
Filer Information
Address
110 N. PHOENIXVILLE PIKE
SUITE 300
MALVERN, PA 19355
Phone
(484) 328-3590
Filing Manager
Wharton Business Group, LLC
MALVERN, PA
Signatory
Ashleigh Swayze
Counsel