Diversified Management Inc. has filed a Form 13F-HR with the Securities and Exchange Commission, disclosing its equity holdings as of September 30, 2026. The filing lists 236 distinct positions held by the firm, managed by Chairman and President Michael P. Schmidt.
The portfolio is heavily weighted toward technology and exchange-traded funds (ETFs). The top individual equity positions include Apple Inc., with 22,231,276 shares; Microsoft Corporation, with 6,254,349 shares; and Amazon.com Inc., with 7,588,362 shares. Other significant holdings include NVIDIA Corporation (3,105,574 shares), Berkshire Hathaway Inc. Class A (747,005 shares), and JPMorgan Chase & Co. (1,908,109 shares).
ETFs represent a substantial portion of the portfolio. The largest ETF position is the iShares Core S&P 500 ETF, with 15,288,375 shares. Other notable ETF holdings include the iShares Core MSCI EAFE ETF (15,775,330 shares), the iShares Core S&P Mid-Cap ETF (17,931,483 shares), and the iShares Core S&P Small-Cap ETF (26,675,709 shares).
The filing also lists positions in various other sectors, including healthcare, consumer staples, and industrials. Notable individual stock holdings in these sectors include UnitedHealth Group (1,844,210 shares), Johnson & Johnson (2,964,289 shares), Procter & Gamble (626,065 shares), and Caterpillar Inc. (1,418,072 shares).
