# Professional Financial Management, Inc.: Form 13F holdings

An institutional investment manager in APPLETON, WI. SEC CIK 2130270.

- Quarter ended: 2026-06-30
- Filed: 2026-07-15
- Reported value: $98.6m
- Positions: 24 (24 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/2130270/000213027026000003/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| VANGUARD SCOTTSDALE FDS | LONG TERM TREAS | $16.2m | 16.4% | 293,907 |  | Added +50,097 |
| VANECK ETF TRUST | JUNIOR GOLD MINE | $8.4m | 8.6% | 85,849 |  | Added +453 |
| CAMBRIA ETF TR | TAIL RISK | $8.3m | 8.4% | 781,347 |  | Added +42,624 |
| VANGUARD WORLD FD | EXTENDED DUR | $7.9m | 8.0% | 121,134 |  | Added +7,642 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | $7.0m | 7.1% | 119,119 |  | New +119,119 |
| CAMBRIA ETF TR | EMRG SHAREHLDR | $6.8m | 6.9% | 149,520 |  | Reduced −60,750 |
| T ROWE PRICE EXCHANGE-TRADED | ULTRA SHRT TRM | $5.1m | 5.2% | 102,592 |  | Added +43,605 |
| ISHARES TR | 10-20 YR TRS ETF | $4.9m | 5.0% | 49,059 |  | Reduced −534 |
| INVESCO EXCH TRADED FD TR II | RAFI EMRGNG MRKT | $4.5m | 4.6% | 161,390 |  | Added +14,083 |
| SIMPLIFY EXCHANGE TRADED FUN | SHORT TERM TREA | $4.2m | 4.3% | 206,219 |  | Added +8,127 |
| SCHWAB STRATEGIC TR | LONG TERM US | $3.5m | 3.5% | 111,214 |  | Added +9,121 |
| KRANESHARES TRUST | QUADRTC INT RT | $3.1m | 3.1% | 177,105 |  | Added +8,461 |
| ISHARES TR | 0-3 MTH TREASURY | $2.7m | 2.7% | 26,608 |  | Reduced −572 |
| [NEUBERGER MUN FD INC (NBH)](/companies/nbh.md) | COM | $2.6m | 2.6% | 243,660 |  | Reduced −5,535 |
| [RIVERNORTH FLEXIBLE MUNI INC (RFMZ)](/companies/rfmz.md) | COM | $2.5m | 2.5% | 179,932 |  | Reduced −4,001 |
| PIMCO CALIF MUN INCOME FD | COM | $1.8m | 1.8% | 200,576 |  | Reduced −5,655 |
| [BLACKROCK MUNIHOLDINGS FD IN (MHD)](/companies/mhd.md) | COM | $1.6m | 1.7% | 138,149 |  | Reduced −4,176 |
| [BLACKROCK MUNIYIELD QUALITY (MYI)](/companies/myi.md) | COM | $1.5m | 1.6% | 138,060 |  | Reduced −10,661 |
| SPDR SERIES TRUST | ST LON TREAS ETF | $1.5m | 1.5% | 55,917 |  | New +55,917 |
| [BNY MELLON STRATEGIC MUNS IN (LEO)](/companies/leo.md) | COM | $1.3m | 1.4% | 207,157 |  | Reduced −12,328 |
| [PIMCO NEW YORK MUN FD II (PNI)](/companies/pni.md) | COM | $1.3m | 1.3% | 183,260 |  | Reduced −5,592 |
| [RIVERNORTH FLEXIBLE MUN INCO (RFM)](/companies/rfm.md) | COM | $951.2k | 1.0% | 64,360 |  | Reduced −626 |
| SCHWAB STRATEGIC TR | FUND EM EQUI ETF | $578.6k | 0.6% | 14,582 |  | New +14,582 |
| SCHWAB STRATEGIC TR | INT-TRM U.S TRES | $348.6k | 0.4% | 14,135 |  | Added +3,915 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| ISHARES INC | MSCI EMRG CHN | $0 | 0.0% | 0 |  | Sold out −30,397 |
| SIMPLIFY EXCHANGE TRADED FUN | MBS ETF | $0 | 0.0% | 0 |  | Sold out −129,045 |

Source: SEC EDGAR, Form 13F-HR, accession 0002130270-26-000003. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.