DAHRING | CUSMANO LLC

NOVI, MI · CIK 2053669 · 13F filing filed 2026-07-28

SEC-registered investment adviser since 2019 · limited liability company

Assets managed$781.4m
Staff18 · 9 in investment roles
Main clients (by assets)Companies 38%, High net worth individuals 38%, Individuals 23%
Form ADV · 2026-09-04SEC adviser record

Kindinstitutions
Others nearbyNovi, MI, Troy, MI

As an employer

Offices in1 country

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
Novi, MI (main office)United States	United States	about 6
Troy, MIUnited States	United States	3

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$189.6m reported value +16.6% vs Q1 2026

62positions

65.4%in top 10

5 new 38 added 18 reduced 1 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	PIMCO ETF TR MULTISECTOR BD PYLD	PYLD	755,064	$20.0m10.56%	10.56%	Added +36.3k	+36,312 5.0%
2	FIDELITY COVINGTON TRUST FUNDAMENTAL LARG FFLC	FFLC	305,028	$18.0m9.48%	9.48%	Added +8.4k	+8,444 2.9%
3	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	468,147	$15.8m8.35%	8.35%	Added +6.7k	+6,669 1.4%
4	FIDELITY COVINGTON TRUST ENHANCED SMALL FESM	FESM	319,007	$15.4m8.12%	8.12%	Added +12.3k	+12,297 4.0%
5	VANGUARD MALVERN FDS MULTI SECTOR VGMS	VGMS	223,917	$11.5m6.06%	6.06%	Added +32.3k	+32,273 16.8%
6	SCHWAB STRATEGIC TR HIGH YIELD BD ET SCYB	SCYB	383,073	$10.0m5.29%	5.29%	Added +36.7k	+36,695 10.6%
7	FIDELITY COVINGTON TRUST ENHANCED INTL FENI	FENI	235,336	$9.4m4.98%	4.98%	Added +11.5k	+11,509 5.1%
8	CAPITAL GROUP DIVIDEND VALUE SHS CREATION UNI CGDV	CGDV	178,611	$8.8m4.64%	4.64%	Added +18.0k	+17,991 11.2%
9	FIDELITY COVINGTON TRUST BLUE CHIP GRWTH FBCG	FBCG	140,399	$8.7m4.60%	4.60%	Added +3.7k	+3,697 2.7%
10	PIMCO EQUITY SER RAFI DYN EMERG MFEM	MFEM	221,077	$6.2m3.29%	3.29%	Added +17.5k	+17,547 8.6%
11	FIDELITY COVINGTON TRUST MSCI INFO TECH I FTEC	FTEC	16,423	$4.7m2.47%	2.47%	Added +297	+297 1.8%
12	FIDELITY COVINGTON TRUST HIGH DIVID ETF FDVV	FDVV	75,141	$4.5m2.39%	2.39%	Added +9.4k	+9,382 14.3%
13	T ROWE PRICE ETF INC US EQUITY RESEAR TSPA	TSPA	80,479	$3.8m2.02%	2.02%	Reduced -343	-343 -0.4%
14	INVESCO EXCHANGE TRADED FD T S&P MDCP QUALITY XMHQ	XMHQ	33,169	$3.7m1.97%	1.97%	Reduced -3.2k	-3,172 -8.7%
15	CAPITAL GROUP CORE BALANCED SHS CGBL	CGBL	94,996	$3.6m1.90%	1.90%	Added +7.8k	+7,768 8.9%
16	VANGUARD INDEX FDS LARGE CAP ETF VV	VV	10,452	$3.6m1.90%	1.90%	Reduced -75	-75 -0.7%
17	ISHARES GOLD TR ISHARES NEW IAU	IAU	45,596	$3.4m1.82%	1.82%	Reduced -1.1k	-1,050 -2.2%
18	FIDELITY MERRIMACK STR TR TOTAL BD ETF FBND	FBND	63,583	$2.9m1.53%	1.53%	Reduced -17.9k	-17,914 -22.0%
19	SCHWAB STRATEGIC TR FUNDAMENTAL INTL FNDF	FNDF	54,380	$2.9m1.51%	1.51%	Added +5.0k	+4,999 10.1%
20	VANGUARD MALVERN FDS CORE-PLUS BD ETF VPLS	VPLS	35,188	$2.7m1.44%	1.44%	Added +11.4k	+11,423 48.1%
21	T ROWE PRICE ETF INC ULTRA SHRT TRM TBUX	TBUX	54,309	$2.7m1.43%	1.43%	Added +2.8k	+2,838 5.5%
22	FIDELITY COVINGTON TRUST FUNDAMENTAL SMAL FFSM	FFSM	67,672	$2.6m1.36%	1.36%	Added +11.8k	+11,764 21.0%
23	VANGUARD WORLD FD HEALTH CAR ETF VHT	VHT	7,343	$2.2m1.16%	1.16%	Added +395	+395 5.7%
24	JANUS DETROIT STR TR HENDRSON AAA CL JAAA	JAAA	37,078	$1.9m0.99%	0.99%	Added +4.2k	+4,219 12.8%
25	T ROWE PRICE ETF INC SMALL MID CAP TMSL	TMSL	41,633	$1.8m0.96%	0.96%	Reduced -1.2k	-1,219 -2.8%
26	T ROWE PRICE ETF INC FINANCIALS ETF TFNS	TFNS	38,824	$1.1m0.56%	0.56%	Added +4.4k	+4,388 12.7%
27	VANGUARD INDEX FDS SML CP GRW ETF VBK	VBK	2,857	$1.0m0.55%	0.55%	Reduced -3	-3 -0.1%
28	SPDR SERIES TRUST PRTFLO S&P500 GW SPYG	SPYG	8,381	$997.2k0.53%	0.53%	Reduced -600	-600 -6.7%
29	PIMCO ETF TR MUNI INCOME OPP MINO	MINO	21,273	$973.4k0.51%	0.51%	Added +3.7k	+3,697 21.0%
30	VANGUARD WORLD FD ENERGY ETF VDE	VDE	5,683	$853.2k0.45%	0.45%	Added +642	+642 12.7%
31	T ROWE PRICE ETF INC CAP APPRECIATION TCAF	TCAF	19,641	$807.2k0.43%	0.43%	Reduced -717	-717 -3.5%
32	APPLE INC COM AAPL	AAPL	2,505	$724.7k0.38%	0.38%	Added +374	+374 17.6%
33	T ROWE PRICE ETF INC FLOATING RATE TFLR	TFLR	14,288	$720.3k0.38%	0.38%	Added +1.6k	+1,643 13.0%
34	MICROSOFT CORP COM MSFT	MSFT	1,847	$689.0k0.36%	0.36%	Reduced -106	-106 -5.4%
35	ELI LILLY & CO COM LLY	LLY	571	$684.4k0.36%	0.36%	Added +253	+253 79.6%
36	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	2,843	$672.7k0.35%	0.35%	Added +12	+12 0.4%
37	SCHWAB STRATEGIC TR FUNDAMENTAL US L FNDX	FNDX	19,905	$619.0k0.33%	0.33%	Reduced -317	-317 -1.6%
38	FIDELITY COVINGTON TRUST EMERG MKTS MLTFT FDEM	FDEM	15,275	$555.0k0.29%	0.29%	Reduced -438	-438 -2.8%
39	VANGUARD INDEX FDS SMALL CP ETF VB	VB	1,766	$535.3k0.28%	0.28%	Added +5	+5 0.3%
40	LITMAN GREGORY FDS TR IMGP DBI MANAGED DBMF	DBMF	16,678	$510.5k0.27%	0.27%	Added +3.3k	+3,273 24.4%
41	PIMCO ETF TR COMMODITY STRAT CMDT	CMDT	16,149	$495.3k0.26%	0.26%	Added +3.3k	+3,335 26.0%
42	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	3,131	$494.8k0.26%	0.26%	Reduced -10	-10 -0.3%
43	VANGUARD WORLD FD MEGA GRWTH IND MGK	MGK	5,099	$448.3k0.24%	0.24%	Reduced -376	-376 -6.9%
44	ISHARES TR RUS 1000 GRW ETF IWF	IWF	3,609	$448.1k0.24%	0.24%	Added +5	+5 0.1%
45	FRANKLIN TEMPLETON ETF TR SYSTMTC STYL PRE FLSP	FLSP	15,266	$422.7k0.22%	0.22%	Added +3.3k	+3,287 27.4%
46	DTE ENERGY CO COM DTE	DTE	2,692	$410.1k0.22%	0.22%	Added +654	+654 32.1%
47	SPDR GOLD TR GOLD SHS GLD	GLD	1,043	$384.2k0.20%	0.20%	Unchanged
48	AMAZON COM INC COM AMZN	AMZN	1,525	$363.5k0.19%	0.19%	Reduced -70	-70 -4.4%
49	WEC ENERGY GROUP INC COM WEC	WEC	3,056	$356.9k0.19%	0.19%	Added +26	+26 0.9%
50	NVIDIA CORPORATION COM NVDA	NVDA	1,704	$341.0k0.18%	0.18%	Added +233	+233 15.8%
51	WALMART INC COM WMT	WMT	2,807	$318.0k0.17%	0.17%	Added +11	+11 0.4%
52	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	413	$304.1k0.16%	0.16%	Reduced -16	-16 -3.7%
53	ISHARES TR MRGSTR SM CP GR ISCG	ISCG	4,343	$284.6k0.15%	0.15%	New
54	ISHARES TR MRGSTR MD CP GRW IMCG	IMCG	2,707	$266.1k0.14%	0.14%	Added +2	+2 0.1%
55	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	9,351	$259.0k0.14%	0.14%	Added +29	+29 0.3%
56	ISHARES TR HIGH YLD SYSTM B HYDB	HYDB	5,298	$247.8k0.13%	0.13%	Reduced -11.6k	-11,594 -68.6%
57	FORD MTR CO COM F	F	15,906	$221.1k0.12%	0.12%	Added +2.9k	+2,914 22.4%
58	EXXON MOBIL CORP COM XOM	XOM	1,590	$217.4k0.11%	0.11%	Reduced -50	-50 -3.0%
59	HOME DEPOT INC COM HD	HD	596	$210.0k0.11%	0.11%	New
60	ALPHABET INC CAP STK CL A GOOGL	GOOGL	588	$210.0k0.11%	0.11%	New
61	ISHARES TR RUS MID CAP ETF IWR	IWR	1,871	$206.4k0.11%	0.11%	New
62	ISHARES TR RUS 1000 VAL ETF IWD	IWD	828	$200.8k0.11%	0.11%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
PALANTIR TECHNOLOGIES INC PLTR	PLTR	1,538	$225.0k1.5k shares