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Diversified Enterprises, LLC — 13F Holdings & Portfolio

CIK 2037264 · latest 13F-HR filed 2026-07-31

Backtest portfolio

Diversified Enterprises, LLC manages $2.07B in 13F-reported U.S. long-equity assets across 425 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SCHX (26.79%), VIG (8.24%), OSEA (4.46%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 32 new positions and exited 19; 232 existing positions rose in reported value and 84 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
$2.07B

Long-equity book

Holdings
425

Distinct positions

Period
2026-06-30

Filed 2026-07-31

Q/Q Activity
+32 / −19 / ↑232 / ↓84

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
SCHX26.8% · +4%VIG8.2% · +4%OSEA4.5% · +5%OSCV4.0% · +4%SLYG3.2% · +3%IVV3.1% · +0%SEEM2.7% · +3%DRSK2.6% · +4%SELV2.5% · -2%SCHP2.3% · +4%ACIO2.2% · -1%JPIE1.8% · +4%FTCS1.6% · -2%AAPL1.5% · +1%NVDA1.3% · +2%QQQM1.2% · -2%SMH1.1% · -3%AGG1.0% · +6%DFAC0.9% · +1%MSFT0.7% · -0%XLC0.7% · +0%GOOGL0.7% · -1%MUB0.6% · +4%AMZN0.6% · +4%SLYV0.5% · +1%SCHD0.5% · -2%GOOG0.4% · +1%VGT0.4% · +693%JPM0.4% · -1%VEA0.4% · +5%VUG0.4% · +502%VTV0.3% · +0%LLY0.3% · -0%XOM0.3% · -2%SCHF0.3% · +7%BRK.B0.3% · +2%AVGO0.3% · +6%V0.3% · -1%MU0.3% · +43%QQQ0.2% · +5%DSI0.2% · -1%SCHG0.2% · -3%VTEB0.2% · +5%SCHE0.2% · +10%IEFA0.2% · +0%SO0.2% · +7%META0.2% · +6%JNJ0.2% · -1%WMT0.2% · +1%IEMG0.2% · -3%PPA0.2% · -0%SPHY0.2% · +6%CAT0.2% · 0%IWM0.2% · -3%SCHV0.2% · -2%VONV0.2% · +1%TJX0.2% · +3%VONG0.2% · -1%MA0.2% · -11%LMT0.2% · +0%

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

4 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 = 59.9%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Aug 4, 2026.

Assets Under Management
$2.79B
Discretionary
$2.73B
Employees
53
Accounts
6,570
Address
3705 CONCORD PIKE
WILMINGTON, DE 19803
Phone
(302) 765-3500
Website
Name Title / Status Ownership Type
Fisher, Michael, Allen ControlCHIEF EXECUTIVE OFFICER
since Jul 2024
5–10%Individual
LEVY, DAVID, Phillip ControlCHIEF COMPLIANCE OFFICER
since Jul 2024
Less than 5%Individual
ROSEN, ANDREW, SCOTT ControlEXECUTIVE CHAIRMAN
since Jul 2024
25–50%Individual
DIVERSIFIED PENN, LLCOWNER
since Jul 2024
25–50%Domestic Entity
DIVERSIFIED, LLCOWNER
since Jul 2024
25–50%Domestic Entity
HILL, KYLESENIOR WEALTH ADVISOR/SENIOR PARTNER
since Mar 2025
10–25%Individual
LAVELLE, SCOTT, FRANCISCHIEF INVESTMENT OFFICER
since May 2026
Less than 5%Individual
LaBarbera, AnthonyCHIEF OPERATING OFFICER
since Jul 2024
Less than 5%Individual
LEVY, DAVID, Phillip Control
Indirect owner via DIVERSIFIED, LLC
MANAGING MEMBER
since Jul 2024
50–75%Individual
LEVY, DAVID, Phillip Control
Indirect owner via DIVERSIFIED PENN, LLC
MANAGING MEMBER
since Jul 2024
25–50%Individual
ROSEN, ANDREW, SCOTT Control
Indirect owner via DIVERSIFIED PENN, LLC
MANAGING MEMBER
since Jul 2024
50–75%Individual
ANDREW ROSEN SPOUSAL LIFETIME ACCESS TRUST
Indirect owner via DIVERSIFIED, LLC
OWNER
since Apr 2026
50–75%Domestic Entity
ROSEN, ANDREW, SCOTT
Indirect owner via ANDREW ROSEN SPOUSAL LIFETIME ACCESS TRUST
TRUSTEE
since Jan 2026
General partner, trustee or managerIndividual
ROSEN, LEE, CARROLL
Indirect owner via ANDREW ROSEN SPOUSAL LIFETIME ACCESS TRUST
TRUSTEE
since Jan 2026
General partner, trustee or managerIndividual
Rosen, Jessica, L.
Indirect owner via ANDREW ROSEN SPOUSAL LIFETIME ACCESS TRUST
TRUSTEE
since Jan 2026
General partner, trustee or managerIndividual
Ownership & leadership changes · 3 filings with changes since Jun 21, 2024

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 8, 2026 filing
  • AddedROSEN, ANDREW, SCOTT · TRUSTEE · General partner, trustee or manager · indirect via ANDREW ROSEN SPOUSAL LIFETIME ACCESS TRUST
  • AddedROSEN, LEE, CARROLL · TRUSTEE · General partner, trustee or manager · indirect via ANDREW ROSEN SPOUSAL LIFETIME ACCESS TRUST
  • AddedRosen, Jessica, L. · TRUSTEE · General partner, trustee or manager · indirect via ANDREW ROSEN SPOUSAL LIFETIME ACCESS TRUST
May 15, 2026 filing
  • No longer listedHORWATH, MICHAEL, TODD · CHIEF INVESTMENT OFFICER · Less than 5% · listed since Jul 2024
  • No longer listedROSEN, ANDREW, SCOTT · MANAGING MEMBER · 50–75% · indirect via DIVERSIFIED, LLC · control person · listed since Jul 2024
  • AddedANDREW ROSEN SPOUSAL LIFETIME ACCESS TRUST · OWNER · 50–75% · indirect via DIVERSIFIED, LLC
  • AddedLAVELLE, SCOTT, FRANCIS · CHIEF INVESTMENT OFFICER · Less than 5%
  • ChangedROSEN, ANDREW, SCOTT · title PRESIDENT → EXECUTIVE CHAIRMAN
Mar 27, 2025 filing
  • AddedHILL, KYLE · SENIOR WEALTH ADVISOR/SENIOR PARTNER · 10–25%
  • ChangedFisher, Michael, Allen · ownership Less than 5% → 5–10%
Jun 21, 2024 filing (earliest on record)
  • ListedDIVERSIFIED PENN, LLC · OWNER · 25–50%
  • ListedDIVERSIFIED, LLC · OWNER · 25–50%
  • ListedFisher, Michael, Allen · CHIEF EXECUTIVE OFFICER · Less than 5% · control person
  • ListedHORWATH, MICHAEL, TODD · CHIEF INVESTMENT OFFICER · Less than 5%
  • ListedLEVY, DAVID, Phillip · MANAGING MEMBER · 50–75% · indirect via DIVERSIFIED, LLC · control person
  • ListedLEVY, DAVID, Phillip · MANAGING MEMBER · 25–50% · indirect via DIVERSIFIED PENN, LLC · control person
  • ListedLEVY, DAVID, Phillip · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ListedLaBarbera, Anthony · CHIEF OPERATING OFFICER · Less than 5%
  • ListedROSEN, ANDREW, SCOTT · PRESIDENT · 25–50% · control person
  • ListedROSEN, ANDREW, SCOTT · MANAGING MEMBER · 50–75% · indirect via DIVERSIFIED PENN, LLC · control person
  • ListedROSEN, ANDREW, SCOTT · MANAGING MEMBER · 50–75% · indirect via DIVERSIFIED, LLC · 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.

Diversified Enterprises, 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 SCHWAB STRATEGIC TR SCHX 808524201 $553.8M 26.79% 18,816,940 SH
2 VANGUARD SPECIALIZED FUNDS VIG 921908844 $170.3M 8.24% 719,567 SH
3 HARBOR ETF TRUST OSEA 41151J885 $92.2M 4.46% 3,020,046 SH
4 ETF SER SOLUTIONS OSCV 26922A446 $82.0M 3.97% 1,942,866 SH
5 SPDR SERIES TRUST SLYG 78464A201 $66.1M 3.20% 554,547 SH
6 ISHARES TR IVV 464287200 $63.4M 3.07% 84,701 SH
7 SEI EXCHANGE TRADED FUNDS SEEM 81589A601 $55.9M 2.70% 1,393,071 SH
8 ETF SER SOLUTIONS DRSK 26922A388 $54.6M 2.64% 1,898,865 SH
9 SEI EXCHANGE TRADED FUNDS SELV 81589A403 $51.7M 2.50% 1,581,216 SH
10 SCHWAB STRATEGIC TR SCHP 808524870 $47.6M 2.30% 1,795,139 SH
11 ETF SER SOLUTIONS ACIO 26922A222 $45.7M 2.21% 990,184 SH
12 J P MORGAN EXCHANGE TRADED F JPIE 46641Q159 $37.9M 1.83% 822,163 SH
13 FIRST TR EXCHANGE-TRADED FD FTCS 33733E104 $32.1M 1.56% 342,274 SH
14 APPLE INC AAPL 037833100 $31.5M 1.52% 108,809 SH
15 NVIDIA CORPORATION NVDA 67066G104 $26.5M 1.28% 132,600 SH
16 INVESCO EXCH TRADED FD TR II QQQM 46138G649 $24.3M 1.18% 80,285 SH
17 VANECK ETF TRUST SMH 92189F676 $23.8M 1.15% 36,214 SH
18 ISHARES TR AGG 464287226 $21.2M 1.03% 214,136 SH
19 DIMENSIONAL ETF TRUST DFAC 25434V708 $17.9M 0.87% 403,495 SH
20 MICROSOFT CORP MSFT 594918104 $14.3M 0.69% 38,457 SH
21 SELECT SECTOR SPDR TR XLC 81369Y852 $14.1M 0.68% 131,656 SH
22 ALPHABET INC GOOGL 02079K305 $13.5M 0.65% 37,844 SH
23 ISHARES TR MUB 464288414 $12.0M 0.58% 111,904 SH
24 AMAZON COM INC AMZN 023135106 $11.7M 0.56% 48,913 SH
25 SPDR SERIES TRUST SLYV 78464A300 $9.5M 0.46% 87,234 SH
26 SCHWAB STRATEGIC TR SCHD 808524797 $9.5M 0.46% 299,543 SH
27 ALPHABET INC GOOG 02079K107 $9.0M 0.44% 25,571 SH
28 VANGUARD WORLD FD VGT 92204A702 $9.0M 0.43% 75,080 SH
29 JPMORGAN CHASE & CO JPM 46625H100 $8.8M 0.43% 26,872 SH
30 VANGUARD TAX-MANAGED FDS VEA 921943858 $7.7M 0.37% 108,363 SH
31 VANGUARD INDEX FDS VUG 922908736 $7.5M 0.36% 87,186 SH
32 VANGUARD INDEX FDS VTV 922908744 $7.1M 0.35% 32,757 SH
33 ELI LILLY & CO LLY 532457108 $6.8M 0.33% 5,682 SH
34 EXXON MOBIL CORP XOM 30231G102 $6.8M 0.33% 49,464 SH
35 SCHWAB STRATEGIC TR SCHF 808524805 $5.8M 0.28% 208,101 SH
36 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $5.5M 0.27% 11,040 SH
37 BROADCOM INC AVGO 11135F101 $5.4M 0.26% 14,325 SH
38 VISA INC V 92826C839 $5.3M 0.26% 15,402 SH
39 MICRON TECHNOLOGY INC MU 595112103 $5.3M 0.25% 4,560 SH
40 INVESCO QQQ TR QQQ 46090E103 $5.1M 0.25% 6,884 SH
41 ISHARES TR DSI 464288570 $5.0M 0.24% 35,137 SH
42 SCHWAB STRATEGIC TR SCHG 808524300 $4.9M 0.24% 144,369 SH
43 VANGUARD MUN BD FDS VTEB 922907746 $4.7M 0.23% 93,640 SH
44 SCHWAB STRATEGIC TR SCHE 808524706 $4.7M 0.23% 129,103 SH
45 ISHARES TR IEFA 46432F842 $4.6M 0.22% 47,946 SH
46 SOUTHERN CO SO 842587107 $4.6M 0.22% 47,958 SH
47 META PLATFORMS INC META 30303M102 $4.5M 0.22% 8,057 SH
48 JOHNSON & JOHNSON JNJ 478160104 $4.5M 0.22% 17,605 SH
49 WALMART INC WMT 931142103 $4.4M 0.21% 38,647 SH
50 ISHARES INC IEMG 46434G103 $4.3M 0.21% 51,765 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-31 $2.07B 425 0001172661-26-003006
2026-03-31 2026-05-15 $1.83B 413 0001172661-26-001989
2025-12-31 2026-01-28 $1.68B 394 0001172661-26-000371
2025-09-30 2025-10-10 $1.48B 321 0001172661-25-004269
Filer Information
Address
3705 CONCORD PIKE
WILMINGTON, DE 19803
Phone
(302) 765-3500
Filing Manager
Diversified Enterprises, LLC
Wilmington, DE
Signatory
David Levy
CCO/Partner