# EDGAR Filing Document

**Accession Number:** 0001540462
**File Stem:** 0001540462-26-000001
**Filing Date:** 2026-2
**Character Count:** 10347
**Document Hash:** 88cf4d638a8f3f90fc52045aae6135a2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001540462-26-000001.hdr.sgml**: 20260212

**ACCESSION NUMBER**: 0001540462-26-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260212

**DATE AS OF CHANGE**: 20260211

**EFFECTIVENESS DATE**: 20260212

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Richmond Brothers, Inc.
- **CENTRAL INDEX KEY:** 0001540462

**ORGANIZATION NAME:**
- **EIN:** 205152300
- **STATE OF INCORPORATION:** MI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21752
- **FILM NUMBER:** 26622925

**BUSINESS ADDRESS:**
- **STREET 1:** 7415 FOXWORTH COURT
- **CITY:** JACKSON
- **STATE:** MI
- **ZIP:** 49201
- **BUSINESS PHONE:** 517-536-5000

**MAIL ADDRESS:**
- **STREET 1:** 7415 FOXWORTH COURT
- **CITY:** JACKSON
- **STATE:** MI
- **ZIP:** 49201

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Richmond Brothers Inc.<br>**Address:** 7415 FOXWORTH COURT<br>JACKSON, MI 49201

**Form 13F File Number:** 028-21752

**CRD Number (if applicable):** 000127583

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** G. Matthew Pirner<br>**Title:** Chief Compliance Officer<br>**Phone:** 517-435-4040

**Signature, Place, and Date of Signing:**

/s/G. Matthew Pirner  Jackson, MI  02-11-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[ ] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[x] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 57

**Form 13F Information Table Value Total:** $157158430

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

|   No. | Name                           | Form 13F File Number   |   CRD Number | SEC File Number   |
|---:|:---|:---|---:|:---|
|     1 | Beacon Capital Management Inc. | 028-15734              |    000127583 |  |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 415664 | 1328 | SH |  | SOLE |  | 0 | 0 | 1328 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 279596 | 891 | SH |  | SOLE |  | 0 | 0 | 891 |
| ALVOTECH | ORDINARY SHARES | L01800108 | BBG014MBMZZ1 | 71646 | 13966 | SH |  | SOLE |  | 0 | 0 | 13966 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 228743 | 991 | SH |  | SOLE |  | 0 | 0 | 991 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 3451630 | 12697 | SH |  | SOLE |  | 0 | 0 | 12697 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 47 | 0 | SH |  | SOLE | 1 | 0 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 2931644 | 5832 | SH |  | SOLE |  | 0 | 0 | 5832 |
| CONNECT BIOPHARMA HLDGS LTD | SHS | G23549101 | BBG00ZGYNJZ5 | 489228 | 173485 | SH |  | SOLE |  | 0 | 0 | 173485 |
| GUGGENHEIM STRATEGIC OPPORTU | COM SBI | 40167F101 | BBG001STTSL7 | 3098216 | 240545 | SH |  | SOLE |  | 0 | 0 | 240545 |
| HERON THERAPEUTICS INC | COM | 427746102 | BBG001SB92D4 | 743755 | 572118 | SH |  | SOLE |  | 0 | 0 | 572118 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 32356673 | 52672 | SH |  | SOLE | 1 | 0 | 0 | 52672 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 14432851 | 23498 | SH |  | SOLE |  | 0 | 0 | 23498 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 380828 | 556 | SH |  | SOLE |  | 0 | 0 | 556 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 1095738 | 2265 | SH |  | SOLE |  | 0 | 0 | 2265 |
| MIMEDX GROUP INC | COM | 602496101 | BBG001STPW96 | 2 | 0 | SH |  | SOLE | 1 | 0 | 0 | 0 |
| MIMEDX GROUP INC | COM | 602496101 | BBG001STPW96 | 624114 | 92188 | SH |  | SOLE |  | 0 | 0 | 92188 |
| NUVEEN AMT FREE MUN CR INC F | COM | 67071L106 | BBG001SHZCF8 | 187878 | 14839 | SH |  | SOLE |  | 0 | 0 | 14839 |
| OCEAN PWR TECHNOLOGIES INC | COM NEW | 674870506 | BBG001SDFV49 | 5507 | 18358 | SH |  | SOLE |  | 0 | 0 | 18358 |
| PROSHARES TR | PSHS ULT S 500 | 74347R107 | BBG001SR6GZ7 | 105530 | 1822 | SH |  | SOLE |  | 0 | 0 | 1822 |
| PROSHARES TR | PSHS ULT S 500 | 74347R107 | BBG001SR6GZ7 | 1976173 | 34119 | SH |  | SOLE | 1 | 0 | 0 | 34119 |
| PROSHARES TR | PSHS ULTRA QQQ | 74347R206 | BBG001SR6H76 | 1946696 | 27648 | SH |  | SOLE | 1 | 0 | 0 | 27648 |
| PROSHARES TR | PSHS ULTRA QQQ | 74347R206 | BBG001SR6H76 | 105897 | 1504 | SH |  | SOLE |  | 0 | 0 | 1504 |
| PROSHARES TR | ULTRAPRO QQQ | 74347X831 | BBG001T6S396 | 1104596 | 20952 | SH |  | SOLE |  | 0 | 0 | 20952 |
| ROCKWELL MED INC | COM NEW | 774374300 | BBG001S8R2Y8 | 25515 | 30611 | SH |  | SOLE |  | 0 | 0 | 30611 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 | BBG001STKCW9 | 249559 | 2731 | SH |  | SOLE |  | 0 | 0 | 2731 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 | BBG001ST39R1 | 40673 | 522 | SH |  | SOLE |  | 0 | 0 | 522 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 | BBG001ST39R1 | 5534020 | 71059 | SH |  | SOLE | 1 | 0 | 0 | 71059 |
| VANGUARD BD INDEX FDS | LONG TERM BOND | 921937793 | BBG001ST39S0 | 14620 | 210 | SH |  | SOLE |  | 0 | 0 | 210 |
| VANGUARD BD INDEX FDS | LONG TERM BOND | 921937793 | BBG001ST39S0 | 5441902 | 78278 | SH |  | SOLE | 1 | 0 | 0 | 78278 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 | BBG001ST39Q2 | 137248 | 1742 | SH |  | SOLE |  | 0 | 0 | 1742 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 | BBG001ST39Q2 | 2589128 | 32852 | SH |  | SOLE | 1 | 0 | 0 | 32852 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 | BBG001SMD2X3 | 3064695 | 34634 | SH |  | SOLE | 1 | 0 | 0 | 34634 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 | BBG001SMD2X3 | 106872 | 1208 | SH |  | SOLE |  | 0 | 0 | 1208 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 | BBG003H12XS7 | 26635 | 539 | SH |  | SOLE |  | 0 | 0 | 539 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 | BBG003H12XS7 | 2891482 | 58461 | SH |  | SOLE | 1 | 0 | 0 | 58461 |
| VANGUARD WORLD FD | COMM SRVC ETF | 92204A884 | BBG001SHTV72 | 7038077 | 36347 | SH |  | SOLE | 1 | 0 | 0 | 36347 |
| VANGUARD WORLD FD | COMM SRVC ETF | 92204A884 | BBG001SHTV72 | 286791 | 1481 | SH |  | SOLE |  | 0 | 0 | 1481 |
| VANGUARD WORLD FD | CONSUM DIS ETF | 92204A108 | BBG001SHVTQ3 | 259412 | 659 | SH |  | SOLE |  | 0 | 0 | 659 |
| VANGUARD WORLD FD | CONSUM DIS ETF | 92204A108 | BBG001SHVTQ3 | 6465015 | 16412 | SH |  | SOLE | 1 | 0 | 0 | 16412 |
| VANGUARD WORLD FD | CONSUM STP ETF | 92204A207 | BBG001SHVR41 | 231146 | 1095 | SH |  | SOLE |  | 0 | 0 | 1095 |
| VANGUARD WORLD FD | CONSUM STP ETF | 92204A207 | BBG001SHVR41 | 6168344 | 29203 | SH |  | SOLE | 1 | 0 | 0 | 29203 |
| VANGUARD WORLD FD | ENERGY ETF | 92204A306 | BBG001SHTV45 | 6311662 | 50125 | SH |  | SOLE | 1 | 0 | 0 | 50125 |
| VANGUARD WORLD FD | ENERGY ETF | 92204A306 | BBG001SHTV45 | 225271 | 1789 | SH |  | SOLE |  | 0 | 0 | 1789 |
| VANGUARD WORLD FD | EXTENDED DUR | 921910709 | BBG001SV5CV2 | 2729839 | 41992 | SH |  | SOLE | 1 | 0 | 0 | 41992 |
| VANGUARD WORLD FD | EXTENDED DUR | 921910709 | BBG001SV5CV2 | 4311 | 66 | SH |  | SOLE |  | 0 | 0 | 66 |
| VANGUARD WORLD FD | FINANCIALS ETF | 92204A405 | BBG001SHTTM0 | 265052 | 1985 | SH |  | SOLE |  | 0 | 0 | 1985 |
| VANGUARD WORLD FD | FINANCIALS ETF | 92204A405 | BBG001SHTTM0 | 6660977 | 49898 | SH |  | SOLE | 1 | 0 | 0 | 49898 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 | BBG001SHVR32 | 230185 | 800 | SH |  | SOLE |  | 0 | 0 | 800 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 | BBG001SHVR32 | 6783966 | 23567 | SH |  | SOLE | 1 | 0 | 0 | 23567 |
| VANGUARD WORLD FD | INDUSTRIAL ETF | 92204A603 | BBG001SHVTX5 | 265431 | 890 | SH |  | SOLE |  | 0 | 0 | 890 |
| VANGUARD WORLD FD | INDUSTRIAL ETF | 92204A603 | BBG001SHVTX5 | 6598583 | 22114 | SH |  | SOLE | 1 | 0 | 0 | 22114 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 | BBG001SHTTR5 | 6671406 | 8851 | SH |  | SOLE | 1 | 0 | 0 | 8851 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 | BBG001SHTTR5 | 283806 | 376 | SH |  | SOLE |  | 0 | 0 | 376 |
| VANGUARD WORLD FD | MATERIALS ETF | 92204A801 | BBG001SHTTP7 | 6482178 | 31231 | SH |  | SOLE | 1 | 0 | 0 | 31231 |
| VANGUARD WORLD FD | MATERIALS ETF | 92204A801 | BBG001SHTTP7 | 247741 | 1193 | SH |  | SOLE |  | 0 | 0 | 1193 |
| VANGUARD WORLD FD | UTILITIES ETF | 92204A876 | BBG001SHVTP4 | 261207 | 1412 | SH |  | SOLE |  | 0 | 0 | 1412 |
| VANGUARD WORLD FD | UTILITIES ETF | 92204A876 | BBG001SHVTP4 | 6533029 | 35306 | SH |  | SOLE | 1 | 0 | 0 | 35306 |

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