Sherman Asset Management, Inc.

Registered adviser

CIK

1736535

Location

VENTURA, CA

Portfolio Value

Small $123,704,046

Diversification

Moderately concentrated

Filing Date

Global Rank

#7,873 / 8,827 ▲ 80 · as of Jun 2026

Top Industry

Internet Content & Information 23.5%

Period ended 38 days ago

Filed Nov 5, 2026 · 2d

8 quarters · since Dec 2024

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 170861

Roster of Nov 1, 2026

Regulatory AUM

$140,759,518

Main clients

Individuals and high net worth (76% of AUM)

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Nov 1, 2026

$4,900,124 gross assets

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Mar 2026 to Nov 2026	$140,759,518	Individuals and high net worth (76%)
Dec 2025 to Feb 2026	$140,561,635	Individuals and high net worth (75%)
Mar 2025 to Sep 2025	$130,997,137	Individuals and high net worth (75%)
Apr 2024 to Feb 2025	$121,813,639	Individuals and high net worth (67%)

Stated strategy

Multi-asset, Quantitative / systematic, Income Form ADV Part 2A, Sep 28, 2026 · original

In the firm's words

Multi-asset: SAM uses asset allocation strategies for portfolio management
Quantitative / systematic: The tactics are based upon statistical back-testing, which does not guarantee future investment results.
Income: writing covered call options to produce income for a client’s account

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 78.3% of the book (60%+)

Turnover

Low turnover

22.4% over the last four quarters (under 30%)

Horizon

Medium horizon

Value-weighted holding period 6.8 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 73.1%; sector active share 63.6% against the combined 13F book's sector weights.

Over time 7 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

109 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

32.5%

+2.7 pts

Top 5

71.1%

+5.1 pts

Top 10

84.0%

+5.7 pts

HHI

1,576

Moderately concentrated+208

Portfolio Trend

8 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	77.5%	$95,920,161	51
Technology	8.1%	$9,961,542	17
Communication Services	5.3%	$6,528,722	2
Financial Services	4.9%	$6,007,822	9
Consumer Cyclical	2.2%	$2,717,893	15
Healthcare	1.1%	$1,372,629	3
Consumer Defensive	0.9%	$1,122,884	10
Industrials	0.1%	$70,964	1
Energy	0.0%	$1,429	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

15 positions

Ticker	Company	Δ Shares	Shares	Value
SCHO	Schwab Short-Term U.S. Treasury ETF	+288,394	350,112	$8,353,672
FLOT	iShares Floating Rate Bond ETF	+31,991	37,611	$1,920,041
PLTR	Palantir Technologies Inc.	+2,408	2,486	$465,006
V	Visa Inc.	+2,250	3,005	$1,079,786
VUG	VANGUARD GROWTH INDEX FUND	+1,068	9,499	$855,954
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	+946	57,382	$4,025,347
—		+930	28,250	$0
GS	Goldman Sachs Group Inc	+681	900	$810,324
LLY	ELI LILLY & Co	+518	1,175	$1,359,569
CMF	iShares California Muni Bond ETF	+407	4,151	$224,652
MNST	Monster Beverage Corp	+51	102	$4,245
ESGU	iShares ESG Aware MSCI USA ETF	+27	2,920	$487,056
WTAI	WisdomTree Artificial Intelligence and Innovation Fund	+22	7,188	$314,043
SCHP	Schwab U.S. TIPS ETF	+20	35,823	$900,231
ORLY	O Reilly Automotive Inc	+12	56	$4,782
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ORCL	Oracle Corp	−14,660	1,054	$144,714
—		−6,011	893	$0
XLF	State Street Corp	−5,696	17,397	$0
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	−4,132	10,155	$1,105,270
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	−3,838	51,355	$10,052,741
VNQ	VANGUARD REAL ESTATE INDEX FUND	−2,680	19,529	$1,750,384
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	−2,659	3,912	$658,859
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	−2,264	1,547	$171,670
WMT	Walmart Inc.	−1,951	4,243	$440,932
VEA	Vanguard FTSE Developed Markets ETF	−989	9,475	$669,029
KO	Coca Cola Co	−918	1,670	$143,753
MS	Morgan Stanley	−913	249	$46,831
VO	VANGUARD MID-CAP INDEX FUND	−826	21,727	$1,703,831
GOOGL	Alphabet Inc.	−789	13,246	$4,557,683
KR	Kroger Co	−634	652	$38,220
AAPL	Apple Inc.	−610	11,981	$3,989,912
IJR	iShares Core S&P Small-Cap ETF	−575	67,988	$9,249,087
META	Meta Platforms, Inc.	−486	2,718	$1,971,039
PG	PROCTER & GAMBLE Co	−479	182	$26,440
WM	Waste Management Inc	−343	348	$70,964
PEP	Pepsico Inc	−322	36	$4,561
CL	Colgate Palmolive Co	−320	106	$9,043
JPM	Jpmorgan Chase & Co	−270	2,500	$827,075
COST	Costco Wholesale Corp	−200	491	$446,976
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−194	49,501	$18,525,254
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
HOOD	Robinhood Markets, Inc.	25,470	$2,865,375
DIA	Spdr Dow Jones Industrial Average ETF Trust	1,600	$813,680
IWM	iShares Russell 2000 ETF	2,900	$805,881
WDC	Western Digital Corp	2	$908
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
QCOM	Qualcomm Inc	3,900	$720,681
JNJ	Johnson & Johnson	989	$251,176
C	Citigroup Inc	1,482	$207,420
GILD	Gilead Sciences, Inc.	1,523	$192,415
AMGN	Amgen Inc	519	$187,940
EQIX	Equinix Inc	143	$149,061
BAC	Bank Of America Corp	2,546	$145,071
MRK	Merck & Co., Inc.	1,116	$143,406
WFC	Wells Fargo & Company	1,729	$142,884
PLD	Prologis, Inc.	988	$133,844
BRK-B	Berkshire Hathaway Inc	260	$130,101
BMY	Bristol Myers Squibb Co	2,117	$121,981
BLK	BlackRock, Inc.	117	$112,502
SCHW	Schwab Charles Corp	1,214	$112,015
ABT	Abbott Laboratories	1,220	$110,702
UNH	Unitedhealth Group Inc	260	$108,063
PSA	Public Storage	338	$107,588
VMRK	Vivmark Residential	1,505	$102,234
—		528	$99,628
DOC	Healthpeak Properties, Inc.	4,630	$99,082
MAA	Mid America Apartment Communities Inc.	663	$92,117
EXR	Extra Space Storage Inc.	626	$90,957
PFE	Pfizer Inc	3,497	$84,207
AMT	American Tower Corp	439	$71,807
SBAC	Sba Communications Corp	357	$62,996
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

109 tracked positions · $123,704,046 total · filing declares 109 positions · $134,252,487 · as of Sep 30, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Showing 1–50 of 109 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
IVV	iShares Core S&P 500 ETF	Reduced	31,649	-112	$24,238,386	+1.9%	19.59%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	49,501	-194	$18,525,254	+0.7%	14.98%
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	Reduced	51,355	-3,838	$10,052,741	−4.4%	8.13%
IJR	iShares Core S&P Small-Cap ETF	Reduced	67,988	-575	$9,249,087	−9.0%	7.48%
SCHO	Schwab Short-Term U.S. Treasury ETF	Added	350,112	+288,394	$8,353,672	+460.7%	6.75%
GOOGL	Alphabet Inc. Communication Services	Reduced	13,246	-789	$4,557,683	−9.1%	3.68%
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	Added	57,382	+946	$4,025,347	−2.8%	3.25%
AAPL	Apple Inc. Technology	Reduced	11,981	-610	$3,989,912	+9.5%	3.23%
HOOD	Robinhood Markets, Inc. Financial Services	NEW	25,470	NEW	$2,865,375	NEW	2.32%
MSFT	Microsoft Corp Technology	Held	5,097	0	$2,614,251	+37.5%	2.11%
IJH	iShares Core S&P Mid-Cap ETF	Held	35,646	0	$2,564,729	−6.7%	2.07%
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	Reduced	48,481	-62	$2,434,231	−0.5%	1.97%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Held	4,476	0	$2,041,906	−4.5%	1.65%
META	Meta Platforms, Inc. Communication Services	Reduced	2,718	-486	$1,971,039	+9.2%	1.59%
FLOT	iShares Floating Rate Bond ETF	Added	37,611	+31,991	$1,920,041	+569.2%	1.55%
VNQ	VANGUARD REAL ESTATE INDEX FUND	Reduced	19,529	-2,680	$1,750,384	−18.3%	1.41%
VO	VANGUARD MID-CAP INDEX FUND	Reduced	21,727	-826	$1,703,831	−6.2%	1.38%
LLY	ELI LILLY & Co Healthcare	Added	1,175	+518	$1,359,569	+72.5%	1.10%
AMZN	Amazon Com Inc Consumer Cyclical	Held	5,073	0	$1,263,937	+4.5%	1.02%
TSLA	Tesla, Inc. Consumer Cyclical	Held	3,211	0	$1,139,294	−15.6%	0.92%
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	Reduced	10,155	-4,132	$1,105,270	−34.0%	0.89%
V	Visa Inc. Financial Services	Added	3,005	+2,250	$1,079,786	+316.9%	0.87%
SCHP	Schwab U.S. TIPS ETF	Added	35,823	+20	$900,231	−5.1%	0.73%
VUG	VANGUARD GROWTH INDEX FUND	Added	9,499	+1,068	$855,954	+17.9%	0.69%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	2,500	-270	$827,075	−8.8%	0.67%
DIA	Spdr Dow Jones Industrial Average ETF Trust	NEW	1,600	NEW	$813,680	NEW	0.66%
GS	Goldman Sachs Group Inc Financial Services	Added	900	+681	$810,324	+265.9%	0.66%
IWM	iShares Russell 2000 ETF	NEW	2,900	NEW	$805,881	NEW	0.65%
ESGV	VANGUARD ESG U.S. STOCK ETF	Reduced	5,381	-97	$729,286	+0.7%	0.59%
VEA	Vanguard FTSE Developed Markets ETF	Reduced	9,475	-989	$669,029	−10.3%	0.54%
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	Reduced	3,912	-2,659	$658,859	−36.8%	0.53%
ESGD	iShares ESG Aware MSCI EAFE ETF	Held	4,865	0	$501,338	+0.2%	0.41%
ESGU	iShares ESG Aware MSCI USA ETF	Added	2,920	+27	$487,056	+2.9%	0.39%
PLTR	Palantir Technologies Inc. Technology	Added	2,486	+2,408	$465,006	+5010.0%	0.38%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	491	-200	$446,976	−30.9%	0.36%
WMT	Walmart Inc. Consumer Defensive	Reduced	4,243	-1,951	$440,932	−37.1%	0.36%
XBI	State Street(R) SPDR(R) S&P(R) Biotech ETF	Reduced	2,638	-14	$415,959	−0.9%	0.34%
NVDA	Nvidia Corp Technology	Held	1,546	0	$353,075	+14.1%	0.29%
MA	Mastercard Inc Financial Services	Held	591	0	$325,918	+7.4%	0.26%
WTAI	WisdomTree Artificial Intelligence and Innovation Fund	Added	7,188	+22	$314,043	−7.7%	0.25%
SCHM	Schwab U.S. Mid-Cap ETF	Held	8,784	0	$298,831	−7.7%	0.24%
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	Held	2,344	0	$288,499	+3.4%	0.23%
FINX	Global X FinTech ETF	Held	10,636	0	$258,029	−1.7%	0.21%
CMF	iShares California Muni Bond ETF	Added	4,151	+407	$224,652	+4.1%	0.18%
VTV	VANGUARD VALUE INDEX FUND	Reduced	1,010	-3	$218,240	−1.1%	0.18%
MCD	Mcdonalds Corp Consumer Cyclical	Held	896	0	$206,922	−14.6%	0.17%
QQQ	Invesco Qqq Trust, Series 1	Held	252	0	$186,422	+0.5%	0.15%
SPTM	State Street(R) SPDR(R) Portfolio S&P 1500(R) Composite Stock Market ETF	Held	1,973	0	$181,614	+1.4%	0.15%
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	Reduced	1,547	-2,264	$171,670	−58.0%	0.14%
ESML	iShares ESG Aware MSCI USA Small-Cap ETF	Reduced	3,273	-50	$170,196	−8.4%	0.14%

Showing the top 50 of 109 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.