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Berman McAleer LLC — 13F Holdings & Portfolio

CIK 2094332 · latest 13F-HR filed 2026-10-16

Backtest portfolio

Berman McAleer LLC manages $861.8M in 13F-reported U.S. long-equity assets across 177 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are PRF (9.75%), DFAI (8.72%), AGOX (8.69%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 16 new positions and exited 14; 37 existing positions rose in reported value and 47 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
$861.8M

Long-equity book

Holdings
177

Distinct positions

Period
2026-09-30

Filed 2026-10-16

Q/Q Activity
+16 / −14 / ↑37 / ↓47

vs 2026-06-30

Portfolio charts

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

Portfolio map

Q3 26
PRF9.8% · -1%DFAI8.7% · -0%AGOX8.7% · +1%VOE6.9% · -1%IJR6.2% · -2%JGRO5.3% · +3%VTV5.1% · -1%FNDX3.6% · -1%FENI3.4% · +9%SPLV3.1% · -6%VXUS2.0% · -0%IWD1.9% · -1%VTI1.9% · -0%RSP1.9% · +0%SPY1.8% · 0%IEFA1.7% · -0%FLRG1.6% · -0%DFIS1.5% · +10%VB1.3% · -2%VIOO1.3% · -2%AAPL1.3% · -0%FBTC1.3% · -12%VOO1.1% · -1%JNJ0.9% · +0%AMZN0.8% · 0%MSFT0.8% · -1%AHRT0.7% · 0%IWF0.7% · -1%IJK0.6% · -4%IVV0.5% · -1%VOT0.5% · +0%SBAC0.4% · +521%MSI0.4% · -4%USMV0.3% · 0%IEMG0.3% · -0%BRK.B0.3% · 0%JPM0.3% · +16%GOOG0.3% · -0%AON0.3% · 0%NVDA0.3% · +6%IWB0.3% · -1%GOOGL0.3% · 0%V0.3% · 0%EFA0.3% · -0%ITOT0.2% · 0%AVDE0.2% · 0%KO0.2% · -1%HD0.2% · 0%MINT0.2% · +106%VTEB0.2% · +157%MDY0.2% · 0%IJJ0.2% · -1%AFL0.2% · -0%SUSA0.2% · +5%JAAA0.2% · +14%META0.2% · 0%MDYV0.2% · 0%CMI0.2% · +121%IVW0.2% · 0%TGRW0.1% · 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

Q2 26 → Q3 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 = 60.6%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Sep 28, 2026.

Assets Under Management
$1.82B
Discretionary
$1.82B
Employees
29
Accounts
2,467
Address
9690 DEERECO ROAD
SUITE 800
TIMONIUM, MD 21093
Phone
(410) 560-9960
Website
Name Title / Status Ownership Type
BERMAN, DAVID, LEE ControlCHIEF EXECUTIVE OFFICER
since Sep 2024
10–25%Individual
Bruns, William, Francis ControlCHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER
since Sep 2024
5–10%Individual
COOK, ANDREW, T ControlOWNER
since Sep 2024
10–25%Individual
MCALEER, JOHN, JOSEPH ControlOWNER
since Sep 2024
10–25%Individual
MITCHELTREE, SUSAN, MICHELE ControlOWNER
since Sep 2024
10–25%Individual
MONAGHAN, PATRICK, JOSEPH ControlOWNER
since Sep 2024
10–25%Individual
HAGAN, MELANIE, DEEOWNER
since Sep 2024
Less than 5%Individual
HOLMES, BRETT, TOWNER
since Sep 2024
Less than 5%Individual
MURRAY, ADAM, ROWNER
since Jan 2026
Less than 5%Individual
Ownership & leadership changes · 1 filing with changes since Dec 17, 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.

Feb 6, 2026 filing
  • AddedMURRAY, ADAM, R · OWNER · Less than 5%
  • ChangedMCALEER, JOHN, JOSEPH · ownership 25–50% → 10–25%
Dec 17, 2024 filing (earliest on record)
  • ListedBERMAN, DAVID, LEE · CHIEF EXECUTIVE OFFICER · 10–25% · control person
  • ListedBruns, William, Francis · CHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER · 5–10% · control person
  • ListedCOOK, ANDREW, T · OWNER · 10–25% · control person
  • ListedHAGAN, MELANIE, DEE · OWNER · Less than 5%
  • ListedHOLMES, BRETT, T · OWNER · Less than 5%
  • ListedMCALEER, JOHN, JOSEPH · OWNER · 25–50% · control person
  • ListedMITCHELTREE, SUSAN, MICHELE · OWNER · 10–25% · control person
  • ListedMONAGHAN, PATRICK, JOSEPH · OWNER · 10–25% · 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.

Berman McAleer LLC Holdings (2026-09-30)

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 INVESCO EXCHANGE TRADED FD T PRF 46137V613 $84.1M 9.75% 1,544,416 SH
2 DIMENSIONAL ETF TRUST DFAI 25434V203 $75.2M 8.72% 1,814,367 SH
3 STARBOARD INVT TR AGOX 85521B742 $74.9M 8.69% 2,243,868 SH
4 VANGUARD INDEX FDS VOE 922908512 $59.1M 6.86% 302,376 SH
5 ISHARES TR IJR 464287804 $53.3M 6.19% 391,864 SH
6 J P MORGAN EXCHANGE TRADED F JGRO 46654Q609 $45.5M 5.28% 470,891 SH
7 VANGUARD INDEX FDS VTV 922908744 $43.7M 5.07% 202,110 SH
8 SCHWAB STRATEGIC TR FNDX 808524771 $30.6M 3.56% 973,941 SH
9 FIDELITY COVINGTON TRUST FENI 31609A404 $29.4M 3.41% 737,185 SH
10 INVESCO EXCH TRADED FD TR II SPLV 46138E354 $26.7M 3.10% 378,328 SH
11 VANGUARD STAR FDS VXUS 921909768 $17.1M 1.98% 201,280 SH
12 ISHARES TR IWD 464287598 $16.6M 1.93% 66,933 SH
13 VANGUARD INDEX FDS VTI 922908769 $16.3M 1.90% 43,681 SH
14 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $16.0M 1.85% 76,796 SH
15 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $15.2M 1.77% 19,986 SH
16 ISHARES TR IEFA 46432F842 $14.7M 1.71% 152,032 SH
17 FIDELITY COVINGTON TRUST FLRG 316092378 $13.7M 1.58% 330,778 SH
18 DIMENSIONAL ETF TRUST DFIS 25434V773 $13.2M 1.53% 363,331 SH
19 VANGUARD INDEX FDS VB 922908751 $11.5M 1.34% 40,516 SH
20 VANGUARD ADMIRAL FDS INC VIOO 921932828 $11.4M 1.32% 89,971 SH
21 APPLE INC AAPL 037833100 $11.3M 1.31% 33,836 SH
22 FIDELITY WISE ORIGIN BITCOIN FBTC 315948109 $11.2M 1.30% 153,654 SH
23 VANGUARD INDEX FDS VOO 922908363 $9.7M 1.12% 13,813 SH
24 JOHNSON & JOHNSON JNJ 478160104 $7.9M 0.92% 30,001 SH
25 AMAZON COM INC AMZN 023135106 $6.5M 0.76% 26,202 SH
26 MICROSOFT CORP MSFT 594918104 $6.5M 0.75% 12,632 SH
27 AH RLTY TR INC AHRT 04208T108 $6.2M 0.72% 1,023,400 SH
28 ISHARES TR IWF 464287614 $6.1M 0.71% 48,680 SH
29 ISHARES TR IJK 464287606 $5.3M 0.61% 47,901 SH
30 ISHARES TR IVV 464287200 $4.1M 0.48% 5,401 SH
31 VANGUARD INDEX FDS VOT 922908538 $3.9M 0.46% 13,464 SH
32 SBA COMMUNICATIONS CORP SBAC 78410G104 $3.8M 0.44% 23,840 SH
33 MOTOROLA SOLUTIONS INC MSI 620076307 $3.0M 0.35% 6,802 SH
34 ISHARES TR USMV 46429B697 $2.8M 0.33% 28,967 SH
35 ISHARES INC IEMG 46434G103 $2.7M 0.31% 33,128 SH
36 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $2.6M 0.31% 5,317 SH
37 JPMORGAN CHASE & CO JPM 46625H100 $2.4M 0.28% 7,366 SH
38 ALPHABET INC GOOG 02079K107 $2.4M 0.28% 7,123 SH
39 AON PLC AON G0403H108 $2.4M 0.28% 8,599 SH
40 NVIDIA CORPORATION NVDA 67066G104 $2.4M 0.28% 10,387 SH
41 ISHARES TR IWB 464287622 $2.4M 0.27% 5,687 SH
42 ALPHABET INC GOOGL 02079K305 $2.2M 0.25% 6,343 SH
43 VISA INC V 92826C839 $2.2M 0.25% 6,051 SH
44 ISHARES TR EFA 464287465 $2.2M 0.25% 20,828 SH
45 ISHARES TR ITOT 464287150 $2.1M 0.25% 12,872 SH
46 AMERICAN CENTY ETF TR AVDE 025072703 $2.1M 0.25% 23,509 SH
47 COCA COLA CO KO 191216100 $1.9M 0.23% 22,596 SH
48 HOME DEPOT INC HD 437076102 $1.9M 0.22% 6,568 SH
49 PIMCO ETF TR MINT 72201R833 $1.8M 0.21% 17,834 SH
50 VANGUARD MUN BD FDS VTEB 922907746 $1.6M 0.19% 34,206 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-16 $861.8M 177 0002094332-26-000005
2026-06-30 2026-07-16 $863.7M 175 0002094332-26-000003
2026-03-31 2026-04-17 $733.0M 162 0002094332-26-000002
2025-12-31 2026-02-05 $731.9M 162 0002094332-26-000001
Filer Information
Address
9690 DEERECO ROAD
SUITE 800
TIMONIUM, MD 21093
Phone
(410) 560-9960
Filing Manager
Berman McAleer LLC
TIMONIUM, MD
Signatory
Ashleigh Swayze
Counsel