ERn Financial, LLC

Registered adviser

CIK

1768302

Location

MIDDLETON, WI

Portfolio Value

Small $603,920,559

Diversification

Diversified

Filing Date

Global Rank

#3,464 / 8,827 ▲ 6 · as of Jun 2026

Top Industry

Consumer Electronics 17.4%

Period ended 38 days ago

Filed Oct 28, 2026 · 10d

27 quarters · since Mar 2020

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 297717

Roster of Nov 1, 2026

Regulatory AUM

$1,153,857,864

Main clients

Individuals and high net worth (99% of AUM)

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	$1,153,857,864	Individuals and high net worth (99%)
Mar 2025 to Feb 2026	$1,474,786,629	Individuals and high net worth (99%)
Apr 2024 to Feb 2025	$1,280,096,449	Individuals and high net worth (99%)
May 2023 to Mar 2024	$1,075,968,949	Individuals and high net worth (99%)
Jan 2023 to Apr 2023	$1,075,968,949	Individuals and high net worth (99%)
Apr 2022 to Dec 2022	$1,173,552,713	Individuals and high net worth (99%)

4 earlier changes not shown.

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 77.2% of the book (60%+)

Turnover

Low turnover

9.2% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 21.1 quarters (12+), a floor since 58.1% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 83.7%; sector active share 80.0% against the combined 13F book's sector weights.

Over time 26 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.

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Portfolio Concentration

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

Top Position

25.8%

+0.3 pts

Top 5

58.3%

+0.1 pts

Top 10

77.3%

+0.1 pts

HHI

1,056

Diversified+2

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	92.7%	$559,996,665	100
Technology	3.9%	$23,774,942	21
Financial Services	0.8%	$4,614,234	12
Communication Services	0.7%	$4,510,605	5
Consumer Cyclical	0.6%	$3,735,924	4
Healthcare	0.4%	$2,334,922	7
Industrials	0.3%	$2,054,023	7
Consumer Defensive	0.3%	$1,540,646	4
Energy	0.2%	$1,358,598	2

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SPAB	State Street(R) SPDR(R) Portfolio Aggregate Bond ETF	+81,843	479,356	$11,677,112
PYLD		+40,280	540,381	$13,720,273
FDG	American Century Focused Dynamic Growth ETF	+39,883	110,888	$14,872,298
F	Ford Motor Co	+35,321	74,280	$895,816
USTB	VictoryShares Short-Term Bond ETF	+22,895	372,558	$18,583,193
SPIP	State Street(R) SPDR(R) Portfolio TIPS ETF	+21,471	393,415	$9,587,523
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	+21,408	395,011	$48,617,953
DFCF	Dimensional Core Fixed Income ETF	+12,316	294,519	$11,816,102
CGXU	Capital Group International Focus Equity ETF	+9,354	95,610	$3,278,466
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	+8,576	661,394	$33,208,592
RAAX	VanEck Real Assets ETF	+8,182	226,965	$9,040,015
MUNI	PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund	+8,048	146,203	$7,264,827
FMB	First Trust Managed Municipal ETF	+6,505	159,274	$7,622,853
JHML	John Hancock Multifactor Large Cap ETF	+5,620	141,178	$12,583,195
JBND	JPMorgan Active Bond ETF	+3,197	112,801	$5,766,387
FEOE	First Eagle Overseas Equity ETF	+3,163	16,937	$910,702
SPMO	Invesco Ltd.	+2,769	5,463	$0
AVEE	Avantis Emerging Markets Small Cap Equity ETF	+2,101	12,908	$885,230
DFIS	Dimensional International Small Cap ETF	+1,811	59,528	$2,156,699
APH	Amphenol Corp	+1,762	3,493	$294,459
FIXD	First Trust Smith Opportunistic Fixed Income ETF	+1,704	144,918	$5,980,765
JMST	JPMorgan Ultra-Short Municipal Income ETF	+1,699	117,610	$5,946,361
CGNG	Capital Group New Geography Equity ETF	+1,655	26,396	$962,134
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	+1,595	109,764	$9,852,416
INTC	Intel Corp	+1,220	2,778	$333,998
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	−13,073	305,836	$11,322,048
REET	iShares Global REIT ETF	−8,115	431,261	$11,117,908
USRT	iShares Core U.S. REIT ETF	−5,709	126,793	$7,807,912
DFAI	Dimensional International Core Equity Market ETF	−4,772	71,544	$2,964,067
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	−4,010	708,557	$43,314,089
OMFL	Invesco Russell 1000 Dynamic Multifactor ETF	−3,100	130,589	$9,103,359
SPEM	State Street(R) SPDR(R) Portfolio Emerging Markets ETF	−2,953	266,919	$13,815,727
VO	VANGUARD MID-CAP INDEX FUND	−2,130	26,057	$2,043,389
IEFA	iShares Core MSCI EAFE ETF	−1,919	214,305	$20,761,868
MDYV	State Street(R) SPDR(R) S & P 400(TM) Mid Cap Value ETF	−1,813	169,285	$14,983,415
FVD	First Trust Value Line Dividend Index Fund	−1,586	34,791	$1,632,045
HMOP	Hartford Municipal Opportunities ETF	−1,573	207,156	$7,633,698
IJR	iShares Core S&P Small-Cap ETF	−1,463	40,190	$5,467,447
OMFS	Invesco Russell 2000 Dynamic Multifactor ETF	−1,148	11,616	$573,102
TAXF	American Century Diversified Municipal Bond ETF	−1,075	15,095	$715,352
VONG	VANGUARD RUSSELL 1000 GROWTH INDEX FUND	−839	57,291	$7,386,528
ICOW	Pacer Developed Markets International Cash Cows 100 ETF	−783	5,740	$241,424
EFA	iShares MSCI EAFE ETF	−655	67,209	$6,982,343
FAUG	FT Vest U.S. Equity Buffer ETF - August	−645	17,073	$983,575
CWB	State Street(R) SPDR(R) Bloomberg Convertible Securities ETF	−635	4,995	$505,394
QUAL	iShares MSCI USA Quality Factor ETF	−616	56,013	$12,448,329
AVEM	Avantis Emerging Markets Equity ETF	−573	170,997	$16,077,137
—		−504	7,849	$0
SLYG	State Street(R) SPDR(R) S & P 600(TM) Small Cap Growth ETF	−491	48,194	$5,155,312
IUSV	iShares Core S&P U.S. Value ETF	−425	8,426	$929,219
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
UITB	VictoryShares Core Intermediate Bond ETF	14,697	$656,132
ZSEP		10,607	$295,298
PLTR	Palantir Technologies Inc.	1,432	$267,855
VZ	Verizon Communications Inc	5,313	$243,707
FTNT	Fortinet, Inc.	1,302	$232,745
CRM	Salesforce, Inc.	990	$227,274
TMO	Thermo Fisher Scientific Inc.	312	$210,615
DE	Deere & Co	308	$206,837
SOXQ	Invesco Ltd.	2,097	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
SYK	Stryker Corp	944	$297,208
CAT	Caterpillar Inc	221	$235,342
LRCX	Lam Research Corp	535	$231,831
MCD	Mcdonalds Corp	853	$230,574
MGEE	Mge Energy Inc	2,805	$228,719
LIN	Linde PLC	396	$205,500
CAIE	Calamos Autocallable Income ETF	7,375	$200,673
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

162 tracked positions · $603,920,559 total · filing declares 163 positions · $613,222,595 · as of Sep 30, 2026

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

Showing 1–50 of 162 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	Added	395,011	+21,408	$48,617,953	+9.4%	8.05%
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	Reduced	708,557	-4,010	$43,314,089	−0.0%	7.17%
SPDW	State Street(R) SPDR(R) Portfolio Developed World ex-US ETF	Added	661,394	+8,576	$33,208,592	+1.0%	5.50%
IEFA	iShares Core MSCI EAFE ETF	Reduced	214,305	-1,919	$20,761,868	−0.6%	3.44%
USTB	VictoryShares Short-Term Bond ETF	Added	372,558	+22,895	$18,583,193	+5.0%	3.08%
AVEM	Avantis Emerging Markets Equity ETF	Reduced	170,997	-573	$16,077,137	−2.9%	2.66%
MDYV	State Street(R) SPDR(R) S & P 400(TM) Mid Cap Value ETF	Reduced	169,285	-1,813	$14,983,415	−7.7%	2.48%
FDG	American Century Focused Dynamic Growth ETF	Added	110,888	+39,883	$14,872,298	+57.4%	2.46%
SPEM	State Street(R) SPDR(R) Portfolio Emerging Markets ETF	Reduced	266,919	-2,953	$13,815,727	−1.1%	2.29%
PYLD		Added	540,381	+40,280	$13,720,273	+3.5%	2.27%
JTEK	JPMorgan U.S. Tech Leaders ETF	Added	121,065	+743	$12,735,432	−5.1%	2.11%
JHML	John Hancock Multifactor Large Cap ETF	Added	141,178	+5,620	$12,583,195	+4.1%	2.08%
QUAL	iShares MSCI USA Quality Factor ETF	Reduced	56,013	-616	$12,448,329	+0.2%	2.06%
VUG	VANGUARD GROWTH INDEX FUND	Added	132,678	+92	$11,955,614	+4.7%	1.98%
DFCF	Dimensional Core Fixed Income ETF	Added	294,519	+12,316	$11,816,102	−0.8%	1.96%
SPAB	State Street(R) SPDR(R) Portfolio Aggregate Bond ETF	Added	479,356	+81,843	$11,677,112	+15.1%	1.93%
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	Reduced	305,836	-13,073	$11,322,048	−3.6%	1.87%
REET	iShares Global REIT ETF	Reduced	431,261	-8,115	$11,117,908	−8.4%	1.84%
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	Added	109,764	+1,595	$9,852,416	+3.6%	1.63%
MDYG	State Street(R) SPDR(R) S & P 400(TM) Mid Cap Growth ETF	Added	92,332	+887	$9,651,463	−5.8%	1.60%
SPIP	State Street(R) SPDR(R) Portfolio TIPS ETF	Added	393,415	+21,471	$9,587,523	+0.4%	1.59%
OMFL	Invesco Russell 1000 Dynamic Multifactor ETF	Reduced	130,589	-3,100	$9,103,359	−0.7%	1.51%
RAAX	VanEck Real Assets ETF	Added	226,965	+8,182	$9,040,015	+4.2%	1.50%
USRT	iShares Core U.S. REIT ETF	Reduced	126,793	-5,709	$7,807,912	−11.3%	1.29%
AAPL	Apple Inc. Technology	Added	23,014	+235	$7,664,122	+16.3%	1.27%
HMOP	Hartford Municipal Opportunities ETF	Reduced	207,156	-1,573	$7,633,698	−6.6%	1.26%
FMB	First Trust Managed Municipal ETF	Added	159,274	+6,505	$7,622,853	−2.9%	1.26%
VONG	VANGUARD RUSSELL 1000 GROWTH INDEX FUND	Reduced	57,291	-839	$7,386,528	−0.6%	1.22%
MUNI	PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund	Added	146,203	+8,048	$7,264,827	−0.0%	1.20%
VOO	VANGUARD 500 INDEX FUND	Reduced	10,342	-410	$7,248,294	−1.8%	1.20%
AVUV	Avantis U.S. Small Cap Value ETF	Reduced	61,062	-248	$7,191,271	−6.0%	1.19%
EFA	iShares MSCI EAFE ETF	Reduced	67,209	-655	$6,982,343	−1.0%	1.16%
FIXD	First Trust Smith Opportunistic Fixed Income ETF	Added	144,918	+1,704	$5,980,765	−4.2%	0.99%
JMST	JPMorgan Ultra-Short Municipal Income ETF	Added	117,610	+1,699	$5,946,361	+0.6%	0.98%
JBND	JPMorgan Active Bond ETF	Added	112,801	+3,197	$5,766,387	−1.7%	0.95%
IJR	iShares Core S&P Small-Cap ETF	Reduced	40,190	-1,463	$5,467,447	−11.5%	0.91%
DYNF	iShares U.S. Equity Factor Rotation Active ETF	Added	76,235	+142	$5,280,036	+2.0%	0.87%
SLYG	State Street(R) SPDR(R) S & P 600(TM) Small Cap Growth ETF	Reduced	48,194	-491	$5,155,312	−11.1%	0.85%
IVV	iShares Core S&P 500 ETF	Reduced	6,019	-47	$4,609,651	+1.5%	0.76%
VTV	VANGUARD VALUE INDEX FUND	Reduced	20,046	-67	$4,331,539	−1.2%	0.72%
JHMM	John Hancock Multifactor Mid Cap ETF	Added	59,701	+889	$4,268,621	−3.2%	0.71%
NVDA	Nvidia Corp Technology	Added	18,366	+494	$4,194,427	+17.3%	0.69%
FNOV	FT Vest U.S. Equity Buffer ETF - November	Reduced	57,281	-32	$3,446,024	+2.8%	0.57%
CGXU	Capital Group International Focus Equity ETF	Added	95,610	+9,354	$3,278,466	+9.8%	0.54%
DFAU	Dimensional US Core Equity Market ETF	Reduced	59,660	-309	$3,123,797	+0.8%	0.52%
DFAI	Dimensional International Core Equity Market ETF	Reduced	71,544	-4,772	$2,964,067	−5.8%	0.49%
FNDE	Schwab Fundamental Emerging Markets Equity ETF	Added	61,779	+648	$2,586,686	+6.6%	0.43%
IVVB		Added	73,042	+586	$2,585,102	+3.0%	0.43%
MSFT	Microsoft Corp Technology	Added	4,847	+72	$2,486,026	+39.6%	0.41%
FSEP	FT Vest U.S. Equity Buffer ETF - September	Added	43,260	+422	$2,471,443	+4.7%	0.41%

Showing the top 50 of 162 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.