CIK 1608062
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2018-Q2. 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 | 99.34% | 35 |
| Utilities | 0.29% | 2 |
| Oil, Gas & Consumable Fuels | 0.26% | 2 |
| Banks | 0.11% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | VTI | VANGUARD INDEX FDS | Unclassified | 50.01% |
| 2 | VEU | VANGUARD INTL EQUITY INDEX F | Unclassified | 20.06% |
| 3 | VOE | VANGUARD INDEX FDS | Unclassified | 5.53% |
| 4 | VTV | VANGUARD INDEX FDS | Unclassified | 5.06% |
| 5 | GNR | SPDR INDEX SHS FDS | Unclassified | 4.49% |
| 6 | VBR | VANGUARD INDEX FDS | Unclassified | 4.13% |
| 7 | USCI | UNITED STS COMMODITY INDEX F | Unclassified | 2.91% |
| 8 | VDE | VANGUARD WORLD FD | Unclassified | 2.60% |
| 9 | IUSB | ISHARES TR | Unclassified | 0.59% |
| 10 | VEA | VANGUARD TAX-MANAGED FDS | Unclassified | 0.50% |
5/40 names classified · sector 0.7% of weight · industry 0.7% · mkt cap 0.7%; 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: 0.7% 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: 0.2% of book weight (2/34 names) · unclassified 99.8%: VTI, VEU, VOE, VTV, GNR, VBR, USCI, VDE, , IUSB +22 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 | 2,009,161 | $301M | 50.0% | HOLD |
| 2 | VEUVANGUARD INTL EQUITY INDEX F | 2,317,232 | $121M | 20.1% | HOLD |
| 3 | VOEVANGUARD INDEX FDS | 294,214 | $33M | 5.5% | HOLD |
| 4 | VTVVANGUARD INDEX FDS | 274,883 | $30M | 5.1% | HOLD |
| 5 | GNRSPDR INDEX SHS FDS | 533,609 | $27M | 4.5% | HOLD |
| 6 | VBRVANGUARD INDEX FDS | 178,065 | $25M | 4.1% | HOLD |
| 7 | USCIUNITED STS COMMODITY INDEX F | 412,625 | $18M | 2.9% | HOLD |
| 8 | VDEVANGUARD WORLD FD | 149,002 | $16M | 2.6% | HOLD |
| 9 | IUSBISHARES TR | 71,922 | $4M | 0.6% | HOLD |
| 10 | VEAVANGUARD TAX-MANAGED FDS | 69,745 | $3M | 0.5% | ADD 5% |
| 11 | MUBISHARES TR | 17,366 | $2M | 0.3% | ADD 5% |
| 12 | IUSVISHARES TR | 29,855 | $2M | 0.3% | HOLD |
| 13 | IWBISHARES TR | 10,262 | $2M | 0.3% | ADD 3% |
| 14 | VCITVANGUARD SCOTTSDALE FDS | 17,226 | $1M | 0.2% | HOLD |
| 15 | BIVVANGUARD BD INDEX FDS | 17,811 | $1M | 0.2% | HOLD |
| 16 | VWOVANGUARD INTL EQUITY INDEX F | 28,914 | $1M | 0.2% | ADD 2% |
| 17 | IWOISHARES TR | 4,302 | $925,274 | 0.2% | HOLD |
| 18 | ENERGY TRANSFER PRTNRS L P | 41,458 | $922,852 | 0.2% | HOLD |
| 19 | SCHXSCHWAB U.S. LARGE-CAP ETF | 13,252 | $921,809 | 0.2% | NEW |
| 20 | EPDENTERPRISE PRODS PARTNERS L | 31,519 | $905,535 | 0.2% | TRIM −3% |
| 21 | WMBWILLIAMS COS INC | 31,752 | $863,342 | 0.1% | NEW |
| 22 | BNDVANGUARD BD INDEX FDS | 10,482 | $824,933 | 0.1% | ADD 3% |
| 23 | PAAPLAINS ALL AMERN PIPELINE L | 32,206 | $805,463 | 0.1% | TRIM −3% |
| 24 | IWNISHARES TR | 6,040 | $803,320 | 0.1% | HOLD |
| 25 | MAGELLAN MIDSTREAM PARTNERS LP | 11,738 | $794,895 | 0.1% | TRIM −3% |
| 26 | ANDEAVOR LOGISTICS LP | 16,065 | $780,139 | 0.1% | TRIM −2% |
| 27 | IWMISHARES TR | 4,500 | $758,475 | 0.1% | HOLD |
| 28 | MPLXMPLX LP | 21,112 | $732,165 | 0.1% | HOLD |
| 29 | WESTERN MIDSTREAM | 15,012 | $655,744 | 0.1% | HOLD |
| 30 | EQT MIDSTREAM PARTNERS LP | 12,420 | $655,514 | 0.1% | TRIM −2% |
| 31 | JPMJPMORGAN CHASE & CO | 5,613 | $633,371 | 0.1% | HOLD |
| 32 | BUCKEYE PARTNERS L P | 17,426 | $622,269 | 0.1% | HOLD |
| 33 | VNQVANGUARD INDEX FDS | 6,623 | $534,354 | 0.1% | HOLD |
| 34 | SCHASCHWAB STRATEGIC TR | 6,008 | $457,629 | 0.1% | ADD 9% |
| 35 | VOVANGUARD INDEX FDS | 2,464 | $404,564 | 0.1% | HOLD |
| 36 | VUGVANGUARD INDEX FDS | 2,465 | $396,964 | 0.1% | HOLD |
| 37 | Mkt Vctrs J P Mrgn Em | 20,182 | $332,196 | 0.1% | HOLD |
| 38 | IVEISHARES TR | 2,381 | $275,815 | 0.0% | ADD 5% |
| 39 | VSSVANGUARD INTL EQUITY INDEX F | 2,247 | $252,054 | 0.0% | TRIM −6% |
| 40 | TIPISHARES TR | 2,059 | $227,714 | 0.0% | ADD 3% |
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