CIK 1454308
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 | 99.86% | 35 |
| Software & IT Services | 0.06% | 1 |
| Technology Hardware & Equipment | 0.05% | 1 |
| Software | 0.03% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | VTI | VANGUARD INDEX FDS | Unclassified | 15.78% |
| 2 | IEI | ISHARES TR | Unclassified | 15.69% |
| 3 | VEA | VANGUARD TAX-MANAGED FDS | Unclassified | 15.46% |
| 4 | IAU | ISHARES GOLD TR | Unclassified | 6.70% |
| 5 | SHY | ISHARES TR | Unclassified | 6.38% |
| 6 | VGIT | VANGUARD SCOTTSDALE FDS | Unclassified | 6.32% |
| 7 | GLD | SPDR GOLD TR | Unclassified | 4.50% |
| 8 | FNDX | SCHWAB STRATEGIC TR | Unclassified | 3.93% |
| 9 | QQQ | INVESCO QQQ TR | Unclassified | 3.66% |
| 10 | FRDM | EA SERIES TRUST | Unclassified | 3.58% |
3/38 names classified · sector 0.1% of weight · industry 0.1% · mkt cap 0.1%; 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: 0.1% 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: 0.1% of book weight (3/38 names) · unclassified 99.9%: VTI, IEI, VEA, IAU, SHY, VGIT, GLD, FNDX, QQQ, FRDM +25 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 | VTIVANGUARD INDEX FDS | 594,030 | $191M | 15.8% | ADD 5% |
| 2 | IEIISHARES TR | 1,596,822 | $189M | 15.7% | ADD 8% |
| 3 | VEAVANGUARD TAX-MANAGED FDS | 2,913,636 | $187M | 15.5% | HOLD |
| 4 | IAUISHARES GOLD TR | 917,288 | $81M | 6.7% | TRIM −12% |
| 5 | SHYISHARES TR | 932,323 | $77M | 6.4% | ADD 12543% |
| 6 | VGITVANGUARD SCOTTSDALE FDS | 1,280,740 | $76M | 6.3% | TRIM −9% |
| 7 | GLDSPDR GOLD TR | 126,187 | $54M | 4.5% | TRIM −12% |
| 8 | FNDXSCHWAB STRATEGIC TR | 1,702,554 | $47M | 3.9% | ADD 29% |
| 9 | QQQINVESCO QQQ TR | 76,477 | $44M | 3.7% | ADD 6% |
| 10 | FRDMEA SERIES TRUST | 790,796 | $43M | 3.6% | TRIM −30% |
| 11 | SCHBSCHWAB STRATEGIC TR | 1,534,891 | $39M | 3.2% | ADD 91% |
| 12 | IWVISHARES TR | 93,323 | $35M | 2.9% | ADD 25% |
| 13 | QLTYGMO ETF TRUST | 815,764 | $30M | 2.4% | NEW |
| 14 | EFAISHARES TR | 274,240 | $27M | 2.2% | TRIM −3% |
| 15 | QUALISHARES TR | 120,887 | $23M | 1.9% | HOLD |
| 16 | VNQVANGUARD INDEX FDS | 225,487 | $20M | 1.7% | ADD 5539% |
| 17 | FEOERBB FUND TRUST | 310,761 | $16M | 1.3% | ADD 655% |
| 18 | VIGIVanguard Whitehall Int'l Div. Apprec. ETF | 69,322 | $6M | 0.5% | TRIM −12% |
| 19 | TCAFT. ROWE PRICE CAPITAL APPRECIATION EQUITY ETF | 146,668 | $5M | 0.4% | ADD 5% |
| 20 | IEFAISHARES TR | 54,279 | $5M | 0.4% | TRIM −3% |
| 21 | EFGISHARES TR | 18,883 | $2M | 0.2% | TRIM −7% |
| 22 | FPAGINVESTMENT MANAGERS SER TR I | 47,179 | $2M | 0.1% | TRIM −96% |
| 23 | AVDVAMERICAN CENTY ETF TR | 13,602 | $1M | 0.1% | NEW |
| 24 | XLRESELECT SECTOR SPDR TR | 27,682 | $1M | 0.1% | NEW |
| 25 | XLKSELECT SECTOR SPDR TR | 8,063 | $1M | 0.1% | TRIM −5% |
| 26 | SCHXSCHWAB U.S. LARGE-CAP ETF | 29,250 | $749,969 | 0.1% | HOLD |
| 27 | GOOGLALPHABET INC | 2,607 | $749,669 | 0.1% | TRIM −23% |
| 28 | BRK.ABERKSHIRE HATHAWAY INC DEL | 1 | $718,140 | 0.1% | HOLD |
| 29 | AAPLAPPLE INC | 2,160 | $548,186 | 0.0% | TRIM −21% |
| 30 | EFVISHARES TR | 5,972 | $444,018 | 0.0% | HOLD |
| 31 | MSFTMICROSOFT CORP | 1,134 | $419,773 | 0.0% | TRIM −25% |
| 32 | SLVISHARES SILVER TR | 6,000 | $408,840 | 0.0% | NEW |
| 33 | AKREPROFESIONALLY MANAGED PORTFO | 7,364 | $389,187 | 0.0% | TRIM −92% |
| 34 | SPYSTATE STR SPDR S&P 500 ETF T | 448 | $291,352 | 0.0% | TRIM −75% |
| 35 | IWDISHARES TR | 1,313 | $280,549 | 0.0% | HOLD |
| 36 | BNDVANGUARD BD INDEX FDS | 3,695 | $272,100 | 0.0% | HOLD |
| 37 | IDVISHARES TR | 5,550 | $236,208 | 0.0% | HOLD |
| 38 | DVYISHARES TR | 1,347 | $203,949 | 0.0% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| VTIVANGUARD INDEX FDS | 653K | 471K | 565K | 559K | 564K | 594K | $191M |
| IEIISHARES TR | 1.5M | 1.1M | 1.1M | 1.0M | 1.5M | 1.6M | $189M |
| VEAVANGUARD TAX-MANAGED FDS | 1.4M | 2.1M | 2.7M | 2.7M | 2.9M | 2.9M | $187M |
| IAUISHARES GOLD TR | 1.3M | 1.3M | 1.2M | 1.2M | 1.0M | 917K | $81M |
| SHYISHARES TR | — | 5K | 5K | 5K | 7K | 932K | $77M |
| VGITVANGUARD SCOTTSDALE FDS | 738K | 560K | 1.3M | 1.4M | 1.4M | 1.3M | $76M |
| GLDSPDR GOLD TR | 187K | 183K | 167K | 166K | 144K | 126K | $54M |
| FNDXSCHWAB STRATEGIC TR | 1.5M | 1.2M | 1.2M | 1.2M | 1.3M | 1.7M | $47M |
| QQQINVESCO QQQ TR | 93K | 80K | 80K | 79K | 72K | 76K | $44M |
| FRDMEA SERIES TRUST | 578K | 746K | 1.1M | 1.1M | 1.1M | 791K | $43M |
| SCHBSCHWAB STRATEGIC TR | 748K | 675K | 922K | 921K | 805K | 1.5M | $39M |
| IWVISHARES TR | 98K | 90K | 75K | 75K | 75K | 93K | $35M |
| QLTYGMO ETF TRUST | — | — | — | — | — | 816K | $30M |
| EFAISHARES TR | 310K | 292K | 291K | 291K | 283K | 274K | $27M |
| QUALISHARES TR | 141K | 126K | 125K | 124K | 122K | 121K | $23M |
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.
