SEC 13F Intelligence

Managers / Q1 2026

Miller Financial Services LLC

CIK 0002022893 · 1001 W. MICHIGAN AVENUE, MARSHALL, MI, 49068 · 269-781-5129

Reported Value
$91M
Q1 2026
Positions
125
Filings on Record
6
2025–present window
Filed
May 4, 2026
original filing

Summary

Miller Financial Services LLC reported $91M in U.S.-listed holdings across 125 positions for Q1 2026.

Its largest position, IEF, represents 14.9% of the portfolio.

Compared with Q4 2025, the fund opened 19 new positions and exited 13.

Portfolio Metrics

Turnover
+10.2%
vs prior filed quarter
Top-10 Concentration
+44.9%
share of reported value
Largest Position
+14.9%
Ishares Tr
New / Exited
19 / 13
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’24: $118MQ4 ’24Q1 ’25: $70MQ1 ’25Q2 ’25: $78MQ2 ’25Q3 ’25: $87MQ3 ’25Q4 ’25: $85MQ4 ’25Q1 ’26: $91MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 61.3%ETP: 36.6%Other: 1.7%ADR: 0.2%Closed-End Fund: 0.1%
  • Common Stock · 61.3% · $56M
  • ETP · 36.6% · $33M
  • Other · 1.7% · $2M
  • ADR · 0.2% · $223,794
  • Closed-End Fund · 0.1% · $131,300

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PAYPAL HLDGS INCNEW+35.2K35.2K+$2M$2M
MORGAN STANLEY ETF TRUSTNEW+14.1K14.1K+$700,951$700,951
KMARINNOVATOR ETFS TRUSTNEW+23.6K23.6K+$686,460$686,460
BABOEING CONEW+2.0K2.0K+$408,012$408,012
NOWSERVICENOW INCNEW+3.5K3.5K+$362,789$362,789
MDLZMONDELEZ INTL INCNEW+5.1K5.1K+$295,405$295,405
OXYOCCIDENTAL PETE CORPNEW+4.5K4.5K+$291,070$291,070
VXUSVANGUARD STAR FDSNEW+3.7K3.7K+$282,608$282,608

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

101 positions (from 124 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IEFISHARES TR7-10 YR TRSY BD · 20 YR TR BD ETF · RUSSELL 2000 ETF · CORE US AGGBD ET · CORE S&P TTL STK14.91%$14M130.1K
2VGSHVANGUARD SCOTTSDALE FDSSHORT TERM TREAS · LONG TERM TREAS6.67%$6M107.0K
3KJANINNOVATOR ETFS TRUSTUS SML CP PWR B · US SML CP PWR ET · US SMALL CAP PWR5.21%$5M150.0K
4AAPLAPPLE INChistory →COM3.68%$3M13.2K
5AMZNAMAZON COM INChistory →COM2.98%$3M13.1K
6UPSUNITED PARCEL SVCS INChistory →CL B2.96%$3M27.4K
7ETNEATON CORP PLChistory →SHS2.53%$2M6.5K
8GOOGLALPHABET INCCAP STK CL A · CAP STK CL C2.10%$2M6.7K
9SOFISOFI TECHNOLOGIES INChistory →COM1.98%$2M113.7K
10VTVVANGUARD INDEX FDSVALUE ETF · SMALL CP ETF · MID CAP ETF · SML CP GRW ETF1.93%$2M7.1K
11MORGAN STANLEY ETF TRUSTEATON VANCE TOTA · EATON VANCE INCO · EATON VANCE INTE1.90%$2M34.4K
12PEPPEPSICO INChistory →COM1.78%$2M10.5K
13KMIKINDER MORGAN INC DELhistory →COM1.77%$2M48.3K
14CAGCONAGRA BRANDS INChistory →COM1.73%$2M100.3K
15CRWDCROWDSTRIKE HLDGS INChistory →CL A1.46%$1M3.4K
16NETCLOUDFLARE INChistory →CL A COM1.41%$1M6.2K
17VVISA INChistory →COM CL A1.38%$1M4.2K
18CAVACAVA GROUP INChistory →COM1.32%$1M14.9K
19BMYBRISTOL-MYERS SQUIBB COhistory →COM1.31%$1M19.7K
20BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.23%$1M2.4K
21VZVERIZON COMMUNICATIONS INChistory →COM1.23%$1M22.4K
22USTBVICTORY PORTFOLIOS IIhistory →SHORT TRM BD ETF1.23%$1M22.2K
23SLVISHARES SILVER TRhistory →ISHARES1.19%$1M15.9K
24PYPLPAYPAL HLDGS INChistory →COM1.17%$1M23.6K
25UBERUBER TECHNOLOGIES INChistory →COM1.16%$1M14.8K
26MSFTMICROSOFT CORPhistory →COM1.06%$970,9062.6K
27DDOMINION ENERGY INCCOM0.97%$886,56114.3K
28COSTCOSTCO WHOLESALE CORPORATIONCOM0.92%$837,737841
29MOALTRIA GROUP INCCOM0.86%$789,80412.0K
30MAMASTERCARD INCORPORATEDCL A0.82%$752,4881.5K
31HDHOME DEPOT INCCOM0.82%$748,5542.3K
32SPYSTATE STR SPDR S&P 500 ETF TTR UNIT0.80%$728,3811.1K
33GNRCGENERAC HLDGS INCCOM0.79%$717,4473.7K
34MELIMERCADOLIBRE INCCOM0.76%$693,337401
35GDXVANECK ETF TRUSTGOLD MINERS ETF0.75%$684,1457.5K
36CATCATERPILLAR INCCOM0.73%$667,992943
37SHOPSHOPIFY INCCL A SUB VTG SHS0.72%$653,7155.5K
38CHWYCHEWY INCCL A0.70%$639,19323.7K
39ABTABBOTT LABORATORIESCOM0.67%$615,8576.0K
40OLNOLIN CORPCOM PAR $10.64%$585,32819.7K
41FBNDFIDELITY MERRIMACK STR TRTOTAL BD ETF0.62%$566,09912.4K
42VPUVANGUARD WORLD FDUTILITIES ETF · HEALTH CAR ETF0.61%$558,0592.5K
43METAMETA PLATFORMS INCCL A0.61%$556,110972
44ORIOLD REP INTL CORPCOM0.60%$550,40413.8K
45DEDEERE & COCOM0.60%$548,289973
46ISRGINTUITIVE SURGICAL INCCOM NEW0.60%$545,3511.2K
47MCDMCDONALDS CORPCOM0.59%$539,2211.7K
48KMBKIMBERLY-CLARK CORPCOM0.59%$536,8565.6K
49AMDADVANCED MICRO DEVICES INCCOM0.58%$530,3422.6K
50PFEPFIZER INCCOM0.55%$503,77417.9K
51MMM3M COCOM0.53%$486,0853.3K
52RDNRADIAN GROUP INCCOM0.52%$476,35214.4K
53LOWLOWES COS INCCOM0.49%$450,3501.9K
54SLBSLB LIMITEDCOM STK0.48%$439,3338.5K
55JNJJOHNSON & JOHNSONCOM0.47%$427,5261.7K
56BABOEING COCOM0.45%$408,0122.0K
57SWKSTANLEY BLACK & DECKER INCCOM0.42%$386,7805.4K
58NOWSERVICENOW INCCOM0.40%$362,7893.5K
59RTXRTX CORPORATIONCOM0.40%$361,4951.9K
60FLGFLAGSTAR BANK NATIONAL ASSOCCOM NEW0.38%$349,84226.6K
61AEPAMERICAN ELEC PWR CO INCCOM0.38%$343,0362.6K
62CTMXCYTOMX THERAPEUTICS INC.COM0.37%$338,40072.0K
63BBARRICK MNG CORPCOM SHS0.36%$332,5568.2K
64ZTSZOETIS INCCL A0.36%$325,6562.8K
65WMWASTE MGMT INC DELCOM0.35%$315,9611.4K
66BEPCBROOKFIELD RENEWABLE CORPCL A EX SUB VTG0.34%$313,6617.9K
67DUKDUKE ENERGY CORP NEWCOM NEW0.34%$311,2462.4K
68LMTLOCKHEED MARTIN CORPCOM0.34%$308,239510
69DISDISNEY WALT COCOM0.34%$306,5963.2K
70HUBSHUBSPOT INCCOM0.33%$303,9051.2K
71MDLZMONDELEZ INTL INCCL A0.32%$295,4055.1K
72OXYOCCIDENTAL PETE CORPCOM0.32%$291,0704.5K
73ZSZSCALER INCCOM0.32%$287,8752.1K
74VXUSVANGUARD STAR FDSVG TL INTL STK F0.31%$282,6083.7K
75CHDNCHURCHILL DOWNS INCCOM0.31%$280,7193.1K
76PCTPURECYCLE TECHNOLOGIES INCCOM0.30%$271,02252.2K
77NKENIKE INCCL B0.29%$260,7974.9K
78UNHUNITEDHEALTH GROUP INCCOM0.28%$254,583941
79KOCOCA COLA COCOM0.28%$254,0843.3K
80GSKGSK PLCSPONSORED ADR0.25%$223,7944.1K
81VNOMVIPER ENERGY INCCL A0.24%$223,2034.8K
82GLDSPDR GOLD TRGOLD SHS0.24%$219,878511
83PTNPALATIN TECHNOLOGIES INCCOM NEW0.24%$219,49212.6K
84DOWDOW HLDGS INCCOM0.24%$218,4965.2K
85CTVACORTEVA INCCOM0.24%$214,8942.6K
86IBITISHARES BITCOIN TRUST ETFSHS BEN INT0.22%$202,5125.3K
87WYNNWYNN RESORTS LTDCOM0.22%$200,0542.0K
88FFORD MTR COCOM0.19%$173,98315.1K
89PTLOPORTILLOS INCCOM CL A0.16%$146,93027.8K
90IVVDINVIVYD INCCOM0.15%$136,500105.0K
91RNACCARTESIAN THERAPEUTICS INCCOM NEW0.15%$136,17922.1K
92BTZBLACKROCK CR ALLOCATIONCOM0.14%$131,30013.0K
93IRDOPUS GENETICS INCCOM0.11%$100,10022.0K
94ONDSONDAS INCCOM NEW0.11%$99,98211.1K
95NNVCNANOVIRICIDES INCCOM0.10%$95,771105.0K
96DTILPRECISION BIOSCIENCES INCCOM NEW0.10%$93,50017.0K
97PFLTPENNANTPARK FLOATING RATE CACOM0.10%$86,76910.8K
98PNNTPENNANTPARK INVT CORPCOM0.08%$70,73515.8K
99CTXRCITIUS PHARMACEUTICALS INCCOM0.01%$12,60014.0K
100PLUS THERAPEUTICS INCCOM0.01%$8,13050.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$91M125May 4, 202613F-HRchanges · EDGAR ↗
Q4 2025$85M135Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$87M113Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$78M107Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$70M97May 5, 202513F-HRchanges · EDGAR ↗
Q4 2024$118M128Feb 7, 202513F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.