DAHRING {-} CUSMANO LLC — 13F Holdings & Portfolio

CIK 2053669 · latest 13F-HR filed 2026-07-28

DAHRING {-} CUSMANO LLC manages $189.6M in 13F-reported U.S. long-equity assets across 62 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are PYLD (10.56%), FFLC (9.48%), SCHG (8.35%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 5 new positions and exited 1; 47 existing positions rose in reported value and 6 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.

AUM

$189.6M

Long-equity book

Holdings

Distinct positions

Period

2026-06-30

Filed 2026-07-28

Q/Q Activity

+5 / −1 / ↑47 / ↓6

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26

PYLD10.6% · +5%FFLC9.5% · +3%SCHG8.4% · +1%FESM8.1% · +4%VGMS6.1% · +17%SCYB5.3% · +11%FENI5.0% · +5%CGDV4.6% · +11%FBCG4.6% · +3%MFEM3.3% · +9%FTEC2.5% · +2%FDVV2.4% · +14%TSPA2.0% · -0%XMHQ2.0% · -9%CGBL1.9% · +9%VV1.9% · -1%IAU1.8% · -2%FBND1.5% · -22%FNDF1.5% · +10%VPLS1.4% · +48%TBUX1.4% · +6%FFSM1.4% · +21%VHT1.2% · +6%JAAA1.0% · +13%TMSL1.0% · -3%TFNS0.6% · +13%VBK0.6% · -0%SPYG0.5% · -7%SSMUF0.5% · new VDE0.5% · +13%TCAF0.4% · -4%AAPL0.4% · +18%TFLR0.4% · +13%MSFT0.4% · -5%LLY0.4% · +80%VIG0.4% · +0%FNDX0.3% · -2%FDEM0.3% · -3%VB0.3% · +0%DBMF0.3% · +24%CMDT0.3% · +26%VYM0.3% · -0%MGK0.2% · +366%IWF0.2% · +301%FLSP0.2% · +27%DTE0.2% · +32%GLD0.2% · 0%AMZN0.2% · -4%WEC0.2% · +1%NVDA0.2% · +16%WMT0.2% · +0%QQQ0.2% · -4%ISCG0.1% · new IMCG0.1% · +0%SCHF0.1% · +0%HYDB0.1% · -69%F0.1% · +22%XOM0.1% · -3%HD0.1% · new GOOGL0.1% · new

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 = 65.4%

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

Firm Profile & Key People

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

Assets Under Management

$781.4M

Discretionary

$733.1M

Employees

Accounts

2,051

Address

26200 TOWN CENTER DR.
SUITE 100
NOVI, MI 48375

Phone

(248) 348-0100

Website

www.linkedin.com/company/dahring-cusmano-and-associates
www.facebook.com/dca401k
twitter.com/dca401k

Name	Title / Status	Ownership	Type
CUSMANO, ANGELA, SUZANNE Control	MANAGING PARTNER since Mar 2019	50–75%	Individual
DAHRING, KIRK, WAYNE Control	CHIEF EXECUTIVE OFFICER since Mar 2019	50–75%	Individual
ARMSTRONG, ANDY, JOHN	CHIEF COMPLIANCE OFFICER since Sep 2026	Less than 5%	Individual

Ownership & leadership changes · 2 filings with changes since Jul 23, 2019

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.

Sep 3, 2026 filing

No longer listedFABIAN, CHRISTY, JEAN · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Oct 2025
Listed againARMSTRONG, ANDY, JOHN · CHIEF COMPLIANCE OFFICER · Less than 5%

Oct 8, 2025 filing

No longer listedARMSTRONG, ANDY, JOHN · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Mar 2019
AddedFABIAN, CHRISTY, JEAN · CHIEF COMPLIANCE OFFICER · Less than 5%

Jul 23, 2019 filing (earliest on record)

ListedARMSTRONG, ANDY, JOHN · CHIEF COMPLIANCE OFFICER · Less than 5%
ListedCUSMANO, ANGELA, SUZANNE · MANAGING PARTNER · 50–75% · control person
ListedDAHRING, KIRK, WAYNE · CHIEF EXECUTIVE OFFICER · 50–75% · 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)

FIDELITY COVINGTON TRUST$3.7M +32.2%
FIDELITY COVINGTON TRUST$2.8M +18.1%
SCHWAB STRATEGIC TR$2.4M +17.8%
CAPITAL GROUP DIVIDEND VALUE$2.0M +28.8%
FIDELITY COVINGTON TRUST$1.9M +27.3%

Show all 47 →

Top Trims

FIDELITY MERRIMACK STR TR-$825.5K -22.2%
ISHARES GOLD TR-$669.4K -16.3%
ISHARES TR-$538.1K -68.5%
SPDR GOLD TR-$64.6K -14.4%
EXXON MOBIL CORP-$60.8K -21.9%

Show all 6 →

New Positions

ISHARES TR$284.6K
HOME DEPOT INC$210.0K
ALPHABET INC$210.0K
ISHARES TR$206.4K
ISHARES TR$200.8K

Exited Positions

PALANTIR TECHNOLOGIES INC$225.0K

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#	Issuer	Symbol	CUSIP	Value	Δ

DAHRING {-} CUSMANO LLC Holdings (2026-06-30)

#	Issuer	Symbol	CUSIP	Value	Weight	Shares	Type
1	PIMCO ETF TR	PYLD	72201R585	$20.0M	10.56%	755,064	SH
2	FIDELITY COVINGTON TRUST	FFLC	316092360	$18.0M	9.48%	305,028	SH
3	SCHWAB STRATEGIC TR	SCHG	808524300	$15.8M	8.35%	468,147	SH
4	FIDELITY COVINGTON TRUST	FESM	31609A206	$15.4M	8.12%	319,007	SH
5	VANGUARD MALVERN FDS	VGMS	922020722	$11.5M	6.06%	223,917	SH
6	SCHWAB STRATEGIC TR	SCYB	808524631	$10.0M	5.29%	383,073	SH
7	FIDELITY COVINGTON TRUST	FENI	31609A404	$9.4M	4.98%	235,336	SH
8	CAPITAL GROUP DIVIDEND VALUE	CGDV	14020W106	$8.8M	4.64%	178,611	SH
9	FIDELITY COVINGTON TRUST	FBCG	316092352	$8.7M	4.60%	140,399	SH
10	PIMCO EQUITY SER	MFEM	72202L389	$6.2M	3.29%	221,077	SH
11	FIDELITY COVINGTON TRUST	FTEC	316092808	$4.7M	2.47%	16,423	SH
12	FIDELITY COVINGTON TRUST	FDVV	316092840	$4.5M	2.39%	75,141	SH
13	T ROWE PRICE EXCHANGE-TRADED	TSPA	87283Q503	$3.8M	2.02%	80,479	SH
14	INVESCO EXCHANGE TRADED FD T	XMHQ	46137V472	$3.7M	1.97%	33,169	SH
15	CAPITAL GROUP CORE BALANCED	CGBL	14021D107	$3.6M	1.90%	94,996	SH
16	VANGUARD INDEX FDS	VV	922908637	$3.6M	1.90%	10,452	SH
17	ISHARES GOLD TR	IAU	464285204	$3.4M	1.82%	45,596	SH
18	FIDELITY MERRIMACK STR TR	FBND	316188309	$2.9M	1.53%	63,583	SH
19	SCHWAB STRATEGIC TR	FNDF	808524755	$2.9M	1.51%	54,380	SH
20	VANGUARD MALVERN FDS	VPLS	922020755	$2.7M	1.44%	35,188	SH
21	T ROWE PRICE EXCHANGE-TRADED	TBUX	87283Q701	$2.7M	1.43%	54,309	SH
22	FIDELITY COVINGTON TRUST	FFSM	316092295	$2.6M	1.36%	67,672	SH
23	VANGUARD WORLD FD	VHT	92204A504	$2.2M	1.16%	7,343	SH
24	JANUS DETROIT STR TR	JAAA	47103U845	$1.9M	0.99%	37,078	SH
25	T ROWE PRICE EXCHANGE-TRADED	TMSL	87283Q826	$1.8M	0.96%	41,633	SH
26	T ROWE PRICE EXCHANGE-TRADED	TFNS	87283Q768	$1.1M	0.56%	38,824	SH
27	VANGUARD INDEX FDS	VBK	922908595	$1.0M	0.55%	2,857	SH
28	SPDR SERIES TRUST	SPYG	78464A409	$997.2K	0.53%	8,381	SH
29	PIMCO ETF TR	MINO	72201R635	$973.4K	0.51%	21,273	SH
30	VANGUARD WORLD FD	VDE	92204A306	$853.2K	0.45%	5,683	SH
31	T ROWE PRICE EXCHANGE-TRADED	TCAF	87283Q867	$807.2K	0.43%	19,641	SH
32	APPLE INC	AAPL	037833100	$724.7K	0.38%	2,505	SH
33	T ROWE PRICE EXCHANGE-TRADED	TFLR	87283Q883	$720.3K	0.38%	14,288	SH
34	MICROSOFT CORP	MSFT	594918104	$689.0K	0.36%	1,847	SH
35	ELI LILLY & CO	LLY	532457108	$684.4K	0.36%	571	SH
36	VANGUARD SPECIALIZED FUNDS	VIG	921908844	$672.7K	0.35%	2,843	SH
37	SCHWAB STRATEGIC TR	FNDX	808524771	$619.0K	0.33%	19,905	SH
38	FIDELITY COVINGTON TRUST	FDEM	316092543	$555.0K	0.29%	15,275	SH
39	VANGUARD INDEX FDS	VB	922908751	$535.3K	0.28%	1,766	SH
40	LITMAN GREGORY FDS TR	DBMF	53700T827	$510.5K	0.27%	16,678	SH
41	PIMCO ETF TR	CMDT	72201R593	$495.3K	0.26%	16,149	SH
42	VANGUARD WHITEHALL FDS	VYM	921946406	$494.8K	0.26%	3,131	SH
43	VANGUARD WORLD FD	MGK	921910816	$448.3K	0.24%	5,099	SH
44	ISHARES TR	IWF	464287614	$448.1K	0.24%	3,609	SH
45	FRANKLIN TEMPLETON ETF TR	FLSP	35473P546	$422.7K	0.22%	15,266	SH
46	DTE ENERGY CO	DTE	233331107	$410.1K	0.22%	2,692	SH
47	SPDR GOLD TR	GLD	78463V107	$384.2K	0.20%	1,043	SH
48	AMAZON COM INC	AMZN	023135106	$363.5K	0.19%	1,525	SH
49	WEC ENERGY GROUP INC	WEC	92939U106	$356.9K	0.19%	3,056	SH
50	NVIDIA CORPORATION	NVDA	67066G104	$341.0K	0.18%	1,704	SH