DIVERSIFIED MANAGEMENT INC

Registered adviser

CIK

922372

Location

MILWAUKEE, WI

Portfolio Value

Small $460,218,246

Diversification

Diversified

Filing Date

Global Rank

#4,307 / 8,811 ▼ 935 · as of Jun 2026

Top Industry

Specialty Industrial Machinery 18.6%

Period ended 22 days ago

Filed Oct 8, 2026 · 14d

4 quarters · since Dec 2025

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, Oct 1, 2026

Form ADV adviser

CRD 106680

Roster of Oct 1, 2026

Regulatory AUM

$1,866,259,879

Main clients

Individuals and high net worth (94% 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
Apr 2026 to Oct 2026	$1,866,259,879	Individuals and high net worth (94%)
Apr 2025 to Mar 2026	$1,691,445,557	Individuals and high net worth (94%)
Apr 2024 to Mar 2025	$1,576,315,793	Individuals and high net worth (94%)
May 2023 to Mar 2024	$1,438,558,939	Individuals and high net worth (95%)
Apr 2023	$1,438,558,939	Individuals and high net worth (95%)
Apr 2022 to Mar 2023	$1,578,338,763	Individuals and high net worth (95%)

3 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 65.5% of the book (60%+)

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Short horizon

Value-weighted holding period 3.0 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 73.5%; sector active share 52.1% against the combined 13F book's sector weights.

Over time 3 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

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

Top Position

12.0%

−2.9 pts

Top 5

39.8%

−10.3 pts

Top 10

49.4%

−16.2 pts

HHI

421

Diversified−232

Portfolio Trend

4 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	32.2%	$147,980,211	65
Industrials	25.5%	$117,572,248	47
Technology	14.6%	$67,263,098	26
Financial Services	10.4%	$47,909,416	30
Healthcare	5.8%	$26,859,624	22
Consumer Cyclical	4.9%	$22,429,395	15
Consumer Defensive	2.6%	$11,850,594	11
Communication Services	1.5%	$6,924,465	7
Utilities	1.4%	$6,448,257	6
Basic Materials	0.4%	$2,039,045	3
Energy	0.4%	$1,999,969	2
Real Estate	0.2%	$941,924	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
ARMK	Aramark	+94,318	108,109	$5,789,236
PHG	Koninklijke Philips NV	+49,702	66,750	$1,630,702
SCHW	Schwab Charles Corp	+38,541	48,078	$4,699,143
OMF	OneMain Holdings, Inc.	+37,458	40,924	$2,266,780
ZION	Zions Bancorporation, National Association	+31,429	38,051	$2,383,895
UL	Unilever PLC	+26,438	32,874	$1,996,438
DCI	DONALDSON Co INC	+15,629	18,922	$1,646,970
ALLE	Allegion plc	+13,500	15,515	$2,385,741
FERG	Ferguson Enterprises Inc.	+11,771	15,070	$3,354,883
KO	Coca Cola Co	+9,434	18,266	$1,572,337
WFC	Wells Fargo & Company	+8,942	14,197	$1,136,469
—		+8,794	233,623	$0
WEC	Wec Energy Group, Inc.	+7,440	33,309	$3,356,881
CSCO	Cisco Systems, Inc.	+6,863	24,238	$2,608,735
C	Citigroup Inc	+6,639	8,351	$1,081,287
AVUV	Avantis U.S. Small Cap Value ETF	+6,249	8,542	$1,005,991
—		+5,918	130,240	$0
MRK	Merck & Co., Inc.	+5,824	14,785	$2,148,408
FNDX	Schwab Fundamental U.S. Large Company ETF	+5,812	51,287	$1,614,001
SSD	Simpson Manufacturing Co., Inc.	+4,946	6,217	$1,062,360
DGX	Quest Diagnostics Inc	+4,583	7,179	$1,673,209
CVX	Chevron Corp	+4,501	5,981	$1,221,380
PM	Philip Morris International Inc.	+4,485	7,148	$1,363,981
PEP	Pepsico Inc	+4,307	8,643	$1,095,240
MDLV	Morgan Dempsey Large Cap Value ETF	+4,000	100,481	$3,010,109
No positions match the current search.

Trimmed

Positions the filer reduced

17 positions

Ticker	Company	Δ Shares	Shares	Value
TSI	Tcw Strategic Income Fund Inc	−466,410	834,352	$3,587,713
WSC	WillScot Holdings Corp	−20,751	885,530	$15,213,405
AAPL	Apple Inc.	−2,623	66,757	$22,231,416
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	−2,363	2,867	$352,870
QCOM	Qualcomm Inc	−891	2,149	$395,501
META	Meta Platforms, Inc.	−886	1,692	$1,227,004
WMT	Walmart Inc.	−500	7,944	$825,540
ORCL	Oracle Corp	−488	4,419	$606,728
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	−370	36,924	$8,530,551
PG	PROCTER & GAMBLE Co	−134	4,309	$626,011
COST	Costco Wholesale Corp	−123	852	$775,609
BFC	Bank First Corp	−100	1,929	$287,054
LLY	ELI LILLY & Co	−40	1,973	$2,282,918
IVV	iShares Core S&P 500 ETF	−30	6,543	$0
SPY	Spdr S&P 500 ETF Trust	−29	51,435	$39,225,874
GWW	W.W. Grainger, Inc.	−8	392	$488,337
LOW	Lowes Companies Inc	−5	1,109	$204,377
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
BKNG	Booking Holdings Inc.	18,450	$3,005,689
ACN	Accenture plc	16,244	$2,978,662
AVY	Avery Dennison Corp	17,116	$2,921,187
COF	Capital One Financial Corp	14,480	$2,795,653
BDX	Becton Dickinson & Co	15,421	$2,760,359
NSIT	Insight Enterprises Inc	16,703	$2,611,012
CARR	CARRIER GLOBAL Corp	42,945	$2,355,962
VVV	Valvoline Inc	77,329	$2,330,696
PNC	Pnc Financial Services Group, Inc.	10,480	$2,329,284
HLI	Houlihan Lokey, Inc.	18,154	$2,293,576
CDW	CDW Corp	17,815	$2,283,170
SUNB	Sunbelt Rentals Holdings, Inc.	29,916	$2,190,150
ATR	Aptargroup, Inc.	17,482	$2,118,119
WTM	White Mountains Insurance Group Ltd	1,021	$2,048,626
HAYW	Hayward Holdings, Inc.	165,368	$2,024,104
PGR	Progressive Corp	9,668	$2,004,273
CSL	Carlisle Companies Inc	6,173	$1,988,755
ACGL	Arch Capital Group Ltd.	21,470	$1,982,969
HURN	Huron Consulting Group Inc.	12,290	$1,927,440
UNH	Unitedhealth Group Inc	5,024	$1,844,209
MAS	Masco Corp	26,873	$1,811,240
LPX	Louisiana-Pacific Corp	28,054	$1,810,885
FCN	Fti Consulting, Inc	13,438	$1,807,545
PRI	Primerica, Inc.	6,533	$1,779,523
MWA	Mueller Water Products, Inc.	82,519	$1,752,703
No positions match the current search.

Sold Out

Positions the filer fully exited

10 positions

Ticker	Company	Shares	Value
XOM	ExxonMobil Holdings Corp	7,501	$1,025,536
ORLY	O Reilly Automotive Inc	3,645	$335,668
GTES	Gates Industrial Corp Ltd.	9,770	$273,266
SNN	Smith & Nephew PLC	8,285	$238,690
TKR	Timken Co	1,560	$226,699
SNEX	StoneX Group Inc.	1,900	$225,150
PPL	PPL Corp	5,636	$204,868
BA	Boeing Co	946	$204,780
AGG	iShares Core U.S. Aggregate Bond ETF	2,095	$0
—		10,000	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

236 tracked positions · $460,218,246 total · filing declares 236 positions · $572,852,841 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 236 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
ROK	Rockwell Automation, Inc Industrials	Added	118,358	+13	$51,524,788	−12.1%	11.20%
SPY	Spdr S&P 500 ETF Trust	Reduced	51,435	-29	$39,225,874	+2.1%	8.52%
VOE	VANGUARD MID-CAP VALUE INDEX FUND	Added	145,688	+737	$28,486,374	−0.5%	6.19%
AAPL	Apple Inc. Technology	Reduced	66,757	-2,623	$22,231,416	+10.7%	4.83%
WSC	WillScot Holdings Corp Industrials	Reduced	885,530	-20,751	$15,213,405	−41.8%	3.31%
QQQ	Invesco Qqq Trust, Series 1	Added	17,997	+171	$13,313,640	+1.4%	2.89%
MU	Micron Technology Inc Technology	Added	8,958	+77	$9,541,255	−6.9%	2.07%
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	Reduced	36,924	-370	$8,530,551	−5.9%	1.85%
AMZN	Amazon Com Inc Consumer Cyclical	Added	30,457	+1,699	$7,588,361	+10.7%	1.65%
MDY	Spdr S&P Midcap 400 ETF Trust	Added	10,982	+69	$7,211,989	−6.0%	1.57%
TCAF	T. Rowe Price Capital Appreciation Equity ETF	Added	149,786	+323	$6,331,454	+3.1%	1.38%
MSFT	Microsoft Corp Technology	Added	12,194	+2,426	$6,254,302	+71.6%	1.36%
ARMK	Aramark Industrials	Added	108,109	+94,318	$5,789,236	+637.8%	1.26%
SOR	Source Capital Financial Services	Added	122,077	+792	$5,545,958	−0.5%	1.21%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Held	14,273	0	$5,341,527	+1.1%	1.16%
VXUS	Vanguard Total International Stock ETF	Added	61,150	+650	$5,195,304	+0.4%	1.13%
SCHW	Schwab Charles Corp Financial Services	Added	48,078	+38,541	$4,699,143	+434.0%	1.02%
VBK	VANGUARD SMALL-CAP GROWTH INDEX FUND	Added	13,566	+3,703	$4,583,001	+27.1%	1.00%
VIG	Vanguard Specialized Funds	Added	19,640	+391	$4,582,208	+0.6%	1.00%
VOO	VANGUARD 500 INDEX FUND	Added	5,770	+493	$4,043,962	+11.6%	0.88%
TSI	Tcw Strategic Income Fund Inc Financial Services	Reduced	834,352	-466,410	$3,587,713	−38.8%	0.78%
WEC	Wec Energy Group, Inc. Utilities	Added	33,309	+7,440	$3,356,881	+11.1%	0.73%
FERG	Ferguson Enterprises Inc. Industrials	Added	15,070	+11,771	$3,354,883	+328.5%	0.73%
GLD	Spdr Gold Trust	Held	8,620	0	$3,282,840	+3.4%	0.71%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	6,523	+2,300	$3,248,127	+53.7%	0.71%
NVDA	Nvidia Corp Technology	Added	13,598	+914	$3,105,511	+22.4%	0.67%
MDLV	Morgan Dempsey Large Cap Value ETF	Added	100,481	+4,000	$3,010,109	+1.6%	0.65%
BKNG	Booking Holdings Inc. Consumer Cyclical	NEW	18,450	NEW	$3,005,689	NEW	0.65%
ACN	Accenture plc Technology	NEW	16,244	NEW	$2,978,662	NEW	0.65%
JNJ	Johnson & Johnson Healthcare	Added	11,197	+3,466	$2,964,293	+51.0%	0.64%
AVY	Avery Dennison Corp Consumer Cyclical	NEW	17,116	NEW	$2,921,187	NEW	0.63%
COF	Capital One Financial Corp Financial Services	NEW	14,480	NEW	$2,795,653	NEW	0.61%
BDX	Becton Dickinson & Co Healthcare	NEW	15,421	NEW	$2,760,359	NEW	0.60%
NSIT	Insight Enterprises Inc Technology	NEW	16,703	NEW	$2,611,012	NEW	0.57%
CSCO	Cisco Systems, Inc. Technology	Added	24,238	+6,863	$2,608,735	+27.8%	0.57%
ALLE	Allegion plc Industrials	Added	15,515	+13,500	$2,385,741	+742.8%	0.52%
ZION	Zions Bancorporation, National Association Financial Services	Added	38,051	+31,429	$2,383,895	+420.3%	0.52%
CARR	CARRIER GLOBAL Corp Industrials	NEW	42,945	NEW	$2,355,962	NEW	0.51%
VVV	Valvoline Inc Consumer Cyclical	NEW	77,329	NEW	$2,330,696	NEW	0.51%
PNC	Pnc Financial Services Group, Inc. Financial Services	NEW	10,480	NEW	$2,329,284	NEW	0.51%
HLI	Houlihan Lokey, Inc. Financial Services	NEW	18,154	NEW	$2,293,576	NEW	0.50%
CDW	CDW Corp Technology	NEW	17,815	NEW	$2,283,170	NEW	0.50%
LLY	ELI LILLY & Co Healthcare	Reduced	1,973	-40	$2,282,918	−5.4%	0.50%
OMF	OneMain Holdings, Inc. Financial Services	Added	40,924	+37,458	$2,266,780	+972.7%	0.49%
SUNB	Sunbelt Rentals Holdings, Inc. Industrials	NEW	29,916	NEW	$2,190,150	NEW	0.48%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	3,244	+57	$2,189,862	+37.1%	0.48%
MRK	Merck & Co., Inc. Healthcare	Added	14,785	+5,824	$2,148,408	+86.6%	0.47%
ATR	Aptargroup, Inc. Healthcare	NEW	17,482	NEW	$2,118,119	NEW	0.46%
VTV	VANGUARD VALUE INDEX FUND	Added	9,773	+33	$2,111,749	−0.5%	0.46%
WTM	White Mountains Insurance Group Ltd Financial Services	NEW	1,021	NEW	$2,048,626	NEW	0.45%

Showing the top 50 of 236 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.