# EDGAR Filing Document

**Accession Number:** 0000946626
**File Stem:** 0002085853-26-000064
**Filing Date:** 2026-1
**Character Count:** 14970
**Document Hash:** 10c76873867176b3139029dcfeb56e24
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002085853-26-000064.hdr.sgml**: 20260122

**ACCESSION NUMBER**: 0002085853-26-000064

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260122

**DATE AS OF CHANGE**: 20260122

**EFFECTIVENESS DATE**: 20260122

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GREENBERG FINANCIAL GROUP
- **CENTRAL INDEX KEY:** 0000946626

**ORGANIZATION NAME:**
- **EIN:** 860903680
- **STATE OF INCORPORATION:** AZ
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25948
- **FILM NUMBER:** 26549764

**BUSINESS ADDRESS:**
- **STREET 1:** 4511 N CAMPBELL AVE
- **CITY:** TUCSON
- **STATE:** AZ
- **ZIP:** 85718
- **BUSINESS PHONE:** 520-544-4909

**MAIL ADDRESS:**
- **STREET 1:** 4511 N CAMBELL AVE
- **CITY:** TUCSON
- **STATE:** AZ
- **ZIP:** 85718

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GREENBERG NEHLS & CO INC
- **DATE OF NAME CHANGE:** 20010905

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GREENBERG NEHLS & CO LLC
- **DATE OF NAME CHANGE:** 19980716

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GREENBERG NEHLS & CO LLC /AZ/                           /B
- **DATE OF NAME CHANGE:** 19960111

### 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:** GREENBERG FINANCIAL GROUP<br>**Address:** 4511 N CAMBELL AVE<br>TUCSON, AZ 85718

**Form 13F File Number:** 028-25948

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:** Todd Glick Jr.<br>**Title:** Vice President/CCO/COO<br>**Phone:** 520-850-6437

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

/s/ Todd Glick Jr.  Tuscon, AZ  01-22-2026<br>[Signature]  [City, State]  [Date]

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

[x] **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).)

[ ] **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:** 113

**Form 13F Information Table Value Total:** $242872299

      (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.]

**NONE**

### 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 |
| ADOBE INC | COM | 00724F101 |  | 203344 | 581 | SH |  | SOLE |  | 0 | 0 | 581 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 439670 | 2053 | SH |  | SOLE |  | 0 | 0 | 2053 |
| ADVENT CONV  INCOME FD | COM | 00764C109 |  | 595775 | 47510 | SH |  | SOLE |  | 0 | 0 | 47510 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1749038 | 5574 | SH |  | SOLE |  | 0 | 0 | 5574 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1202233 | 3841 | SH |  | SOLE |  | 0 | 0 | 3841 |
| AMAZON COM INC | COM | 023135106 |  | 2116389 | 9169 | SH |  | SOLE |  | 0 | 0 | 9169 |
| AMERICAS GOLD AND SILVER COR | COM NEW | 03062D803 |  | 102200 | 20000 | SH |  | SOLE |  | 0 | 0 | 20000 |
| AMETEK INC | COM | 031100100 |  | 348411 | 1697 | SH |  | SOLE |  | 0 | 0 | 1697 |
| APPLE INC | COM | 037833100 |  | 10367264 | 38135 | SH |  | SOLE |  | 0 | 0 | 38135 |
| APPLIED MATLS INC | COM | 038222105 |  | 370066 | 1440 | SH |  | SOLE |  | 0 | 0 | 1440 |
| AT INC | COM | 00206R102 |  | 228172 | 9186 | SH |  | SOLE |  | 0 | 0 | 9186 |
| ATOSSA THERAPEUTICS INC | COM | 04962H506 |  | 10747 | 18216 | SH |  | SOLE |  | 0 | 0 | 18216 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 636082 | 1120 | SH |  | SOLE |  | 0 | 0 | 1120 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 528788 | 1052 | SH |  | SOLE |  | 0 | 0 | 1052 |
| BOEING CO | COM | 097023105 |  | 668260 | 3078 | SH |  | SOLE |  | 0 | 0 | 3078 |
| BROADCOM INC | COM | 11135F101 |  | 635762 | 1837 | SH |  | SOLE |  | 0 | 0 | 1837 |
| CALAMOS CONV  HIGH INCOME F | COM SHS | 12811P108 |  | 2275816 | 201222 | SH |  | SOLE |  | 0 | 0 | 201222 |
| CALAMOS CONV OPPORTUNITIES | SH BEN INT | 128117108 |  | 478779 | 45685 | SH |  | SOLE |  | 0 | 0 | 45685 |
| CALAMOS ETF TR | CALAMOS BIT 80 S | 12811T720 |  | 358569 | 16388 | SH |  | SOLE |  | 0 | 0 | 16388 |
| CALAMOS ETF TR | S 500 STRU FEB | 12811T779 |  | 336995 | 13169 | SH |  | SOLE |  | 0 | 0 | 13169 |
| CALAMOS ETF TR | RUSSELL 2000 STR | 12811T126 |  | 494166 | 18312 | SH |  | SOLE |  | 0 | 0 | 18312 |
| CALAMOS ETF TR | NASDAQ 100 STRUC | 12811T860 |  | 200884 | 7380 | SH |  | SOLE |  | 0 | 0 | 7380 |
| CANADIAN IMPERIAL BANK OF CO | COM | 136069101 |  | 246405 | 2719 | SH |  | SOLE |  | 0 | 0 | 2719 |
| CANOPY GROWTH CORP | COM NEW | 138035704 |  | 11419 | 10017 | SH |  | SOLE |  | 0 | 0 | 10017 |
| CATERPILLAR INC | COM | 149123101 |  | 1641273 | 2865 | SH |  | SOLE |  | 0 | 0 | 2865 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1744869 | 11449 | SH |  | SOLE |  | 0 | 0 | 11449 |
| CISCO SYS INC | COM | 17275R102 |  | 326675 | 4241 | SH |  | SOLE |  | 0 | 0 | 4241 |
| CLEANSPARK INC | COM NEW | 18452B209 |  | 124729 | 12325 | SH |  | SOLE |  | 0 | 0 | 12325 |
| COCA COLA CO | COM | 191216100 |  | 506620 | 7247 | SH |  | SOLE |  | 0 | 0 | 7247 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 201788 | 234 | SH |  | SOLE |  | 0 | 0 | 234 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 582211 | 5616 | SH |  | SOLE |  | 0 | 0 | 5616 |
| DISNEY WALT CO | COM | 254687106 |  | 744164 | 6541 | SH |  | SOLE |  | 0 | 0 | 6541 |
| DOCUSIGN INC | COM | 256163106 |  | 281808 | 4120 | SH |  | SOLE |  | 0 | 0 | 4120 |
| EATON VANCE FLTING RATE INC | COM | 278279104 |  | 236582 | 20955 | SH |  | SOLE |  | 0 | 0 | 20955 |
| ELI LILLY  CO | COM | 532457108 |  | 266568 | 248 | SH |  | SOLE |  | 0 | 0 | 248 |
| EMERSON ELEC CO | COM | 291011104 |  | 230532 | 1737 | SH |  | SOLE |  | 0 | 0 | 1737 |
| ENDEAVOUR SILVER CORP | COM | 29258Y103 |  | 94000 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1422604 | 11822 | SH |  | SOLE |  | 0 | 0 | 11822 |
| FERRARI N V | COM | N3167Y103 |  | 786054 | 2127 | SH |  | SOLE |  | 0 | 0 | 2127 |
| FIDELITY WISE ORIGIN BITCOIN | SHS | 315948109 |  | 622723 | 8169 | SH |  | SOLE |  | 0 | 0 | 8169 |
| FIRST SOLAR INC | COM | 336433107 |  | 390016 | 1493 | SH |  | SOLE |  | 0 | 0 | 1493 |
| FIRST TR EXCHANGE-TRADED FD | FT VEST TEC | 33738D812 |  | 201115 | 7250 | SH |  | SOLE |  | 0 | 0 | 7250 |
| FORTUNA MNG CORP | COM NEW | 349942102 |  | 98100 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| GLOBAL X FDS | NASDAQ 100 COVER | 37954Y483 |  | 257055 | 14548 | SH |  | SOLE |  | 0 | 0 | 14548 |
| GUGGENHEIM STRATEGIC OPPORTU | COM SBI | 40167F101 |  | 319312 | 24791 | SH |  | SOLE |  | 0 | 0 | 24791 |
| HOME DEPOT INC | COM | 437076102 |  | 335842 | 976 | SH |  | SOLE |  | 0 | 0 | 976 |
| HONEYWELL INTL INC | COM | 438516106 |  | 260250 | 1334 | SH |  | SOLE |  | 0 | 0 | 1334 |
| INTEL CORP | COM | 458140100 |  | 378779 | 10265 | SH |  | SOLE |  | 0 | 0 | 10265 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 559655 | 1889 | SH |  | SOLE |  | 0 | 0 | 1889 |
| INVESCO EXCH TRADED FD TR II | GLOBAL EX US HGH | 46138E669 |  | 718707 | 36125 | SH |  | SOLE |  | 0 | 0 | 36125 |
| INVESCO EXCH TRADED FD TR II | S HDL VOL | 46138E362 |  | 1702464 | 35468 | SH |  | SOLE |  | 0 | 0 | 35468 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 13719221 | 71618 | SH |  | SOLE |  | 0 | 0 | 71618 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 21711168 | 35342 | SH |  | SOLE |  | 0 | 0 | 35342 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 9156 | 2 | SH | Put | SOLE |  | 0 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 325772 | 5057 | SH |  | SOLE |  | 0 | 0 | 5057 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 842618 | 2798 | SH |  | SOLE |  | 0 | 0 | 2798 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 7424021 | 239794 | SH |  | SOLE |  | 0 | 0 | 239794 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 9852126 | 40023 | SH |  | SOLE |  | 0 | 0 | 40023 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 9741196 | 147594 | SH |  | SOLE |  | 0 | 0 | 147594 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 6621639 | 75971 | SH |  | SOLE |  | 0 | 0 | 75971 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 9048729 | 64112 | SH |  | SOLE |  | 0 | 0 | 64112 |
| ISHARES TR | CORE 1 5 YR USD | 46432F859 |  | 2242500 | 46000 | SH |  | SOLE |  | 0 | 0 | 46000 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 46641Q837 |  | 1544007 | 30520 | SH |  | SOLE |  | 0 | 0 | 30520 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 954308 | 4611 | SH |  | SOLE |  | 0 | 0 | 4611 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 980655 | 3043 | SH |  | SOLE |  | 0 | 0 | 3043 |
| KLA CORP | COM NEW | 482480100 |  | 350343 | 288 | SH |  | SOLE |  | 0 | 0 | 288 |
| KOPIN CORP | COM | 500600101 |  | 142740 | 61000 | SH |  | SOLE |  | 0 | 0 | 61000 |
| MCDONALDS CORP | COM | 580135101 |  | 322106 | 1054 | SH |  | SOLE |  | 0 | 0 | 1054 |
| MERCK  CO INC | COM | 58933Y105 |  | 264277 | 2511 | SH |  | SOLE |  | 0 | 0 | 2511 |
| META PLATFORMS INC | CL A | 30303M102 |  | 2190839 | 3319 | SH |  | SOLE |  | 0 | 0 | 3319 |
| MICROSOFT CORP | COM | 594918104 |  | 9564709 | 19777 | SH |  | SOLE |  | 0 | 0 | 19777 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 290490 | 5750 | SH |  | SOLE |  | 0 | 0 | 5750 |
| NETFLIX INC | COM | 64110L106 |  | 360695 | 3847 | SH |  | SOLE |  | 0 | 0 | 3847 |
| NIOCORP DEVS LTD | COM NEW | 654484609 |  | 186693 | 35225 | SH |  | SOLE |  | 0 | 0 | 35225 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 6259328 | 33562 | SH |  | SOLE |  | 0 | 0 | 33562 |
| OPENDOOR TECHNOLOGIES INC | COM | 683712103 |  | 174900 | 30000 | SH |  | SOLE |  | 0 | 0 | 30000 |
| ORACLE CORP | COM | 68389X105 |  | 1037896 | 5325 | SH |  | SOLE |  | 0 | 0 | 5325 |
| PACER FDS TR | METAURUS CAP 400 | 69374H436 |  | 1308511 | 30803 | SH |  | SOLE |  | 0 | 0 | 30803 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 325105 | 1829 | SH |  | SOLE |  | 0 | 0 | 1829 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 759991 | 13018 | SH |  | SOLE |  | 0 | 0 | 13018 |
| PEPSICO INC | COM | 713448108 |  | 323326 | 2253 | SH |  | SOLE |  | 0 | 0 | 2253 |
| PFIZER INC | COM | 717081103 |  | 217845 | 8749 | SH |  | SOLE |  | 0 | 0 | 8749 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 489198 | 3414 | SH |  | SOLE |  | 0 | 0 | 3414 |
| PROSHARES TR | PSHS ULTRA QQQ | 74347R206 |  | 366132 | 5200 | SH |  | SOLE |  | 0 | 0 | 5200 |
| PROSHARES TR | PSHS ULT S 500 | 74347R107 |  | 364352 | 6291 | SH |  | SOLE |  | 0 | 0 | 6291 |
| QUALCOMM INC | COM | 747525103 |  | 573089 | 3350 | SH |  | SOLE |  | 0 | 0 | 3350 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 5969638 | 13411 | SH |  | SOLE |  | 0 | 0 | 13411 |
| RTX CORPORATION | COM | 75513E101 |  | 2313185 | 12613 | SH |  | SOLE |  | 0 | 0 | 12613 |
| SALESFORCE INC | COM | 79466L302 |  | 248750 | 939 | SH |  | SOLE |  | 0 | 0 | 939 |
| SIMPLIFY EXCHANGE TRADED FUN | VOLATILITY PREM | 82889N863 |  | 984765 | 56080 | SH |  | SOLE |  | 0 | 0 | 56080 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 10443592 | 21732 | SH |  | SOLE |  | 0 | 0 | 21732 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 214007 | 540 | SH |  | SOLE |  | 0 | 0 | 540 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 15732 | 4 | SH | Put | SOLE |  | 0 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 36157832 | 53024 | SH |  | SOLE |  | 0 | 0 | 53024 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A763 |  | 3145433 | 22603 | SH |  | SOLE |  | 0 | 0 | 22603 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R788 |  | 2584577 | 59759 | SH |  | SOLE |  | 0 | 0 | 59759 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A292 |  | 674997 | 21300 | SH |  | SOLE |  | 0 | 0 | 21300 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A474 |  | 2250836 | 74531 | SH |  | SOLE |  | 0 | 0 | 74531 |
| STARBUCKS CORP | COM | 855244109 |  | 2247565 | 26690 | SH |  | SOLE |  | 0 | 0 | 26690 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 504968 | 1662 | SH |  | SOLE |  | 0 | 0 | 1662 |
| TESLA INC | COM | 88160R101 |  | 316603 | 704 | SH |  | SOLE |  | 0 | 0 | 704 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 261054 | 900 | SH |  | SOLE |  | 0 | 0 | 900 |
| VANECK ETF TRUST | URANIUM AND NUCL | 92189F601 |  | 1170833 | 9427 | SH |  | SOLE |  | 0 | 0 | 9427 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 712211 | 1136 | SH |  | SOLE |  | 0 | 0 | 1136 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 5878412 | 30779 | SH |  | SOLE |  | 0 | 0 | 30779 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 2352254 | 7016 | SH |  | SOLE |  | 0 | 0 | 7016 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 2261063 | 28359 | SH |  | SOLE |  | 0 | 0 | 28359 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 7940810 | 55329 | SH |  | SOLE |  | 0 | 0 | 55329 |
| VANGUARD WORLD FD | EXTENDED DUR | 921910709 |  | 1336411 | 20557 | SH |  | SOLE |  | 0 | 0 | 20557 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 590554 | 14499 | SH |  | SOLE |  | 0 | 0 | 14499 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 893485 | 5515 | SH |  | SOLE |  | 0 | 0 | 5515 |
| WALMART INC | COM | 931142103 |  | 593722 | 5329 | SH |  | SOLE |  | 0 | 0 | 5329 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 279600 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |

---