CIK 1167711
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Unclassified | 100.00% | 15 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | AGG | ISHARES TR | Unclassified | 29.58% |
| 2 | IVV | ISHARES TR | Unclassified | 13.51% |
| 3 | SPTL | SPDR SERIES TRUST | Unclassified | 10.28% |
| 4 | SPMD | SPDR SERIES TRUST | Unclassified | 9.04% |
| 5 | IEFA | ISHARES TR | Unclassified | 6.29% |
| 6 | SPSM | SPDR SERIES TRUST | Unclassified | 6.26% |
| 7 | RSP | INVESCO EXCHANGE TRADED FD T | Unclassified | 5.02% |
| 8 | VLUE | ISHARES TR | Unclassified | 4.01% |
| 9 | IQLT | ISHARES TR | Unclassified | 3.47% |
| 10 | SCHH | SCHWAB STRATEGIC TR | Unclassified | 3.46% |
0/15 names classified · sector 0.0% of weight · industry 0.0% · mkt cap 0.0%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 0.0% of the book is sector-classified (unclassified names shown, never dropped).
Only 0% of book weight classified — the grid is NOT representative of the whole book.
Classified: 0.0% of book weight (0/15 names) · unclassified 100.0%: AGG, IVV, SPTL, SPMD, IEFA, SPSM, RSP, VLUE, IQLT, SCHH +5 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | AGGISHARES TR | 3,049,263 | $303M | 29.6% | HOLD |
| 2 | IVVISHARES TR | 211,681 | $138M | 13.5% | HOLD |
| 3 | SPTLSPDR SERIES TRUST | 3,998,720 | $105M | 10.3% | HOLD |
| 4 | SPMDSPDR SERIES TRUST | 1,561,969 | $92M | 9.0% | HOLD |
| 5 | IEFAISHARES TR | 710,997 | $64M | 6.3% | ADD 12374% |
| 6 | SPSMSPDR SERIES TRUST | 1,326,423 | $64M | 6.3% | ADD 3% |
| 7 | RSPINVESCO EXCHANGE TRADED FD T | 267,820 | $51M | 5.0% | ADD 3% |
| 8 | VLUEISHARES TR | 288,200 | $41M | 4.0% | NEW |
| 9 | IQLTISHARES TR | 768,930 | $36M | 3.5% | ADD 3% |
| 10 | SCHHSCHWAB STRATEGIC TR | 1,646,125 | $35M | 3.5% | TRIM −4% |
| 11 | RWRSPDR SERIES TRUST | 348,675 | $35M | 3.4% | TRIM −5% |
| 12 | JPSTJ P MORGAN EXCHANGE TRADED F | 486,336 | $25M | 2.4% | HOLD |
| 13 | DFIVDIMENSIONAL ETF TRUST | 403,315 | $21M | 2.1% | ADD 3% |
| 14 | BCIETFS TR | 356,335 | $9M | 0.8% | ADD 6% |
| 15 | IEMGISHARES INC | 43,520 | $3M | 0.3% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| AGGISHARES TR | 2.6M | 2.5M | 2.8M | 3.0M | 3.1M | 3.0M | $303M |
| IVVISHARES TR | 288K | 292K | 270K | 210K | 211K | 212K | $138M |
| SPTLSPDR SERIES TRUST | 3.7M | 3.7M | 3.9M | 4.0M | 4.0M | 4.0M | $105M |
| SPMDSPDR SERIES TRUST | 812K | 928K | 928K | 1.4M | 1.6M | 1.6M | $92M |
| IEFAISHARES TR | 1.0M | 900K | 572K | 632K | 6K | 711K | $64M |
| SPSMSPDR SERIES TRUST | 854K | 854K | 1.1M | 1.2M | 1.3M | 1.3M | $64M |
| RSPINVESCO EXCHANGE TRADED FD T | — | 133K | 133K | 153K | 259K | 268K | $51M |
| VLUEISHARES TR | — | — | — | 320K | — | 288K | $41M |
| IQLTISHARES TR | — | — | 693K | 751K | 748K | 769K | $36M |
| SCHHSCHWAB STRATEGIC TR | 1.5M | 1.5M | 1.5M | 1.6M | 1.7M | 1.6M | $35M |
| RWRSPDR SERIES TRUST | 321K | 321K | 321K | 356K | 367K | 349K | $35M |
| JPSTJ P MORGAN EXCHANGE TRADED F | 217K | 217K | 217K | 469K | 481K | 486K | $25M |
| DFIVDIMENSIONAL ETF TRUST | — | — | 415K | 443K | 393K | 403K | $21M |
| BCIETFS TR | 305K | 305K | 305K | 400K | 338K | 356K | $9M |
| IEMGISHARES INC | — | — | — | 3K | — | 44K | $3M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Where this firm's principals came from and which firms its alumni went on to found.
