CIK 1804717
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% | 18 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | AGG | ISHARES TR | Unclassified | 21.83% |
| 2 | VCSH | VANGUARD SCOTTSDALE FDS | Unclassified | 12.11% |
| 3 | IVV | ISHARES TR | Unclassified | 11.26% |
| 4 | USMV | ISHARES TR | Unclassified | 8.37% |
| 5 | IVW | ISHARES TR | Unclassified | 7.83% |
| 6 | QQQ | INVESCO QQQ TR | Unclassified | 6.33% |
| 7 | IEFA | ISHARES TR | Unclassified | 5.38% |
| 8 | VCR | VANGUARD WORLD FD | Unclassified | 5.18% |
| 9 | VHT | VANGUARD WORLD FD | Unclassified | 4.55% |
| 10 | BSV | VANGUARD BD INDEX FDS | Unclassified | 4.43% |
0/18 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 (0/18 names) · unclassified 100.0%: AGG, VCSH, IVV, USMV, IVW, QQQ, IEFA, VCR, VHT, BSV +8 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 | 574,298 | $57M | 21.8% | ADD 5% |
| 2 | VCSHVANGUARD SCOTTSDALE FDS | 398,835 | $32M | 12.1% | ADD 2% |
| 3 | IVVISHARES TR | 45,029 | $29M | 11.3% | ADD 4% |
| 4 | USMVISHARES TR | 235,579 | $22M | 8.4% | ADD 6% |
| 5 | IVWISHARES TR | 180,794 | $20M | 7.8% | ADD 3% |
| 6 | QQQINVESCO QQQ TR | 28,632 | $17M | 6.3% | ADD 4% |
| 7 | IEFAISHARES TR | 155,041 | $14M | 5.4% | ADD 4% |
| 8 | VCRVANGUARD WORLD FD | 37,682 | $14M | 5.2% | ADD 5% |
| 9 | VHTVANGUARD WORLD FD | 43,668 | $12M | 4.6% | ADD 3% |
| 10 | BSVVANGUARD BD INDEX FDS | 147,485 | $12M | 4.4% | ADD 6% |
| 11 | VNQVANGUARD INDEX FDS | 126,476 | $11M | 4.3% | ADD 8% |
| 12 | IEMGISHARES INC | 142,209 | $10M | 3.8% | ADD 5% |
| 13 | SHVISHARES TR | 70,064 | $8M | 3.0% | ADD 6% |
| 14 | SGOVISHARES TR | 21,150 | $2M | 0.8% | TRIM −4% |
| 15 | MTUMISHARES TR | 3,180 | $763,220 | 0.3% | HOLD |
| 16 | LQDISHARES TR | 5,796 | $631,741 | 0.2% | ADD 3% |
| 17 | IJHISHARES TR | 8,462 | $571,467 | 0.2% | ADD 6% |
| 18 | SPYSTATE STR SPDR S&P 500 ETF T | 421 | $273,861 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| AGGISHARES TR | 528K | 528K | 523K | 535K | 549K | 574K | $57M |
| VCSHVANGUARD SCOTTSDALE FDS | 451K | 433K | 383K | 392K | 390K | 399K | $32M |
| IVVISHARES TR | 45K | 43K | 43K | 42K | 43K | 45K | $29M |
| USMVISHARES TR | 225K | 218K | 214K | 216K | 223K | 236K | $22M |
| IVWISHARES TR | 194K | 184K | 174K | 172K | 176K | 181K | $20M |
| QQQINVESCO QQQ TR | 30K | 29K | 27K | 27K | 28K | 29K | $17M |
| IEFAISHARES TR | 153K | 148K | 146K | 144K | 149K | 155K | $14M |
| VCRVANGUARD WORLD FD | 37K | 35K | 35K | 35K | 36K | 38K | $14M |
| VHTVANGUARD WORLD FD | 41K | 40K | 40K | 42K | 42K | 44K | $12M |
| BSVVANGUARD BD INDEX FDS | 136K | 136K | 138K | 138K | 139K | 147K | $12M |
| VNQVANGUARD INDEX FDS | 114K | 110K | 109K | 112K | 118K | 126K | $11M |
| IEMGISHARES INC | 137K | 134K | 134K | 132K | 135K | 142K | $10M |
| SHVISHARES TR | 63K | 63K | 65K | 65K | 66K | 70K | $8M |
| SGOVISHARES TR | 6K | 7K | 22K | 22K | 22K | 21K | $2M |
| MTUMISHARES TR | 4K | 4K | 4K | 4K | 3K | 3K | $763,220 |
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.
