Professional Financial Management, Inc. has filed its Form 13F-HR, disclosing equity securities held as of September 30, 2026. The filing, submitted by Chief Investment Officer Donald Swain, details a portfolio consisting of 22 distinct positions, with the largest holding being BlackRock MuniaAssets FD Inc.
The portfolio is heavily weighted toward fixed income and exchange-traded funds (ETFs). The top five positions by number of shares include Vanguard Scottsdale FDS Long Term Treas (3.49 million shares), VanEck ETF Trust Junior Gold Mine (9.83 million shares), Vanguard Scottsdale FDS Inter Term Treas (6.83 million shares), Vanguard World FD Extended Dur (6.87 million shares), and BlackRock MuniaAssets FD Inc (84,138 shares).
The filing also lists several other ETFs and mutual funds, including holdings in Cambria ETF Tr Emerg Sharehldr, Cambria ETF Tr Tail Risk, Invesco Exch Traded FD Tr II RAFI Emergng Mrkt, and iShares Tr 0-3 Mth Treasury. The report indicates that all positions are held as sole beneficial ownership.
