CIK 2004495
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 | 94.61% | 44 |
| Oil, Gas & Consumable Fuels | 1.40% | 1 |
| Technology Hardware & Equipment | 1.14% | 1 |
| Semiconductors & Semiconductor Equipment | 0.78% | 3 |
| Software | 0.66% | 1 |
| Pharmaceuticals & Biotechnology | 0.36% | 2 |
| Banks | 0.31% | 1 |
| Software & IT Services | 0.28% | 2 |
| Specialty Retail | 0.23% | 1 |
| Road & Rail | 0.12% | 1 |
| Hotels, Restaurants & Leisure | 0.09% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SPTM | SPDR SERIES TRUST | Unclassified | 36.11% |
| 2 | VEA | VANGUARD TAX-MANAGED FDS | Unclassified | 21.61% |
| 3 | IJR | ISHARES TR | Unclassified | 8.96% |
| 4 | AVLV | AMERICAN CENTY ETF TR | Unclassified | 7.82% |
| 5 | VWO | VANGUARD INTL EQUITY INDEX F | Unclassified | 5.87% |
| 6 | VTI | VANGUARD INDEX FDS | Unclassified | 2.44% |
| 7 | SPDW | SPDR INDEX SHS FDS | Unclassified | 1.93% |
| 8 | SPYV | SPDR SERIES TRUST | Unclassified | 1.42% |
| 9 | XOM | EXXON MOBIL CORP | Energy | 1.40% |
| 10 | DFAC | DIMENSIONAL ETF TRUST | Unclassified | 1.19% |
15/58 names classified · sector 5.6% of weight · industry 5.4% · mkt cap 5.6%; 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: 5.6% of the book is sector-classified (unclassified names shown, never dropped).
Only 5% of book weight classified — the grid is NOT representative of the whole book.
Classified: 5.4% of book weight (14/58 names) · unclassified 94.6%: SPTM, VEA, IJR, AVLV, VWO, VTI, SPDW, SPYV, DFAC, VTV +34 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 | SPTMSPDR SERIES TRUST | 1,086,692 | $86M | 36.1% | ADD 6% |
| 2 | VEAVANGUARD TAX-MANAGED FDS | 802,324 | $51M | 21.6% | HOLD |
| 3 | IJRISHARES TR | 171,412 | $21M | 9.0% | ADD 3% |
| 4 | AVLVAMERICAN CENTY ETF TR | 230,857 | $19M | 7.8% | HOLD |
| 5 | VWOVANGUARD INTL EQUITY INDEX F | 258,279 | $14M | 5.9% | ADD 7% |
| 6 | VTIVANGUARD INDEX FDS | 18,107 | $6M | 2.4% | ADD 21% |
| 7 | SPDWSPDR INDEX SHS FDS | 100,599 | $5M | 1.9% | HOLD |
| 8 | SPYVSPDR SERIES TRUST | 59,918 | $3M | 1.4% | HOLD |
| 9 | XOMEXXON MOBIL CORP | 19,574 | $3M | 1.4% | TRIM −10% |
| 10 | DFACDIMENSIONAL ETF TRUST | 72,736 | $3M | 1.2% | HOLD |
| 11 | AAPLAPPLE INC | 10,712 | $3M | 1.1% | TRIM −5% |
| 12 | MSFTMICROSOFT CORP | 4,268 | $2M | 0.7% | ADD 13% |
| 13 | NVDANVIDIA CORPORATION | 7,176 | $1M | 0.5% | TRIM −22% |
| 14 | VTVVANGUARD INDEX FDS | 5,901 | $1M | 0.5% | HOLD |
| 15 | IVVISHARES TR | 1,734 | $1M | 0.5% | HOLD |
| 16 | SPSMSPDR SERIES TRUST | 21,467 | $1M | 0.4% | HOLD |
| 17 | ESGUISHARES TR | 6,971 | $985,000 | 0.4% | HOLD |
| 18 | ITOTISHARES TR | 6,418 | $914,000 | 0.4% | ADD 10% |
| 19 | VTEBVANGUARD MUN BD FDS | 15,245 | $760,000 | 0.3% | ADD 16% |
| 20 | JPMJPMORGAN CHASE & CO | 2,544 | $748,000 | 0.3% | HOLD |
| 21 | VTWOVANGUARD SCOTTSDALE FDS | 6,706 | $671,000 | 0.3% | HOLD |
| 22 | VCITVANGUARD SCOTTSDALE FDS | 7,604 | $629,000 | 0.3% | TRIM −3% |
| 23 | IEFAISHARES TR | 6,901 | $624,000 | 0.3% | ADD 9% |
| 24 | VCSHVANGUARD SCOTTSDALE FDS | 7,690 | $609,000 | 0.3% | TRIM −11% |
| 25 | LLYELI LILLY & CO | 642 | $590,000 | 0.2% | HOLD |
| 26 | WMTWALMART INC | 4,487 | $557,000 | 0.2% | HOLD |
| 27 | SUSBISHARES TR | 21,508 | $539,000 | 0.2% | ADD 4% |
| 28 | VOOVANGUARD INDEX FDS | 895 | $534,000 | 0.2% | ADD 7% |
| 29 | SCHPSCHWAB STRATEGIC TR | 19,980 | $531,000 | 0.2% | NEW |
| 30 | SCHBSCHWAB STRATEGIC TR | 21,006 | $527,000 | 0.2% | HOLD |
| 31 | BNDVANGUARD BD INDEX FDS | 6,800 | $500,000 | 0.2% | TRIM −2% |
| 32 | GOOGLALPHABET INC | 1,608 | $462,000 | 0.2% | HOLD |
| 33 | SPEMSPDR INDEX SHS FDS | 9,763 | $457,000 | 0.2% | HOLD |
| 34 | AMDADVANCED MICRO DEVICES INC | 2,009 | $408,000 | 0.2% | HOLD |
| 35 | BRK.BBERKSHIRE HATHAWAY INC DEL | 836 | $400,000 | 0.2% | HOLD |
| 36 | VBVANGUARD INDEX FDS | 1,515 | $396,000 | 0.2% | HOLD |
| 37 | DFATDIMENSIONAL ETF TRUST | 6,225 | $388,000 | 0.2% | HOLD |
| 38 | EUSBISHARES TR | 8,552 | $372,000 | 0.2% | ADD 10% |
| 39 | SPYGSPDR SERIES TRUST STATE STREET SPD | 3,744 | $366,000 | 0.2% | HOLD |
| 40 | BSVVANGUARD BD INDEX FDS | 4,465 | $350,000 | 0.1% | HOLD |
| 41 | NUDMNUSHARES ETF TR | 9,451 | $341,000 | 0.1% | HOLD |
| 42 | SUSCISHARES TR | 13,442 | $311,000 | 0.1% | HOLD |
| 43 | ESGEISHARES INC | 6,456 | $293,000 | 0.1% | ADD 7% |
| 44 | DDMPROSHARES TR | 5,510 | $286,000 | 0.1% | HOLD |
| 45 | ESGDISHARES TR | 2,953 | $282,000 | 0.1% | TRIM −9% |
| 46 | IEMGISHARES INC | 4,027 | $280,000 | 0.1% | HOLD |
| 47 | UNPUNION PAC CORP | 1,147 | $278,000 | 0.1% | TRIM −17% |
| 48 | AMGNAMGEN INC | 768 | $270,000 | 0.1% | HOLD |
| 49 | IJSISHARES TR | 2,257 | $267,000 | 0.1% | HOLD |
| 50 | SHMSPDR SERIES TRUST | 5,528 | $264,000 | 0.1% | ADD 16% |
| 51 | SPYSTATE STR SPDR S&P 500 ETF T | 374 | $243,000 | 0.1% | HOLD |
| 52 | NULVNUSHARES ETF TR | 4,943 | $224,000 | 0.1% | HOLD |
| 53 | HLTHILTON WORLDWIDE HLDGS INC | 724 | $220,000 | 0.1% | HOLD |
| 54 | ESMLISHARES TR | 4,622 | $217,000 | 0.1% | ADD 3% |
| 55 | GOOGALPHABET INC | 725 | $207,000 | 0.1% | HOLD |
| 56 | AVGOBROADCOM INC | 661 | $204,000 | 0.1% | HOLD |
| 57 | SPSBSPDR SERIES TRUST | 6,760 | $203,000 | 0.1% | NEW |
| 58 | AGGISHARES TR | 2,028 | $201,000 | 0.1% | TRIM −2% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SPTMSPDR SERIES TRUST | 874K | 820K | 968K | 976K | 1.0M | 1.1M | $86M |
| VEAVANGUARD TAX-MANAGED FDS | 704K | 672K | 763K | 769K | 806K | 802K | $51M |
| IJRISHARES TR | 127K | 121K | 152K | 158K | 166K | 171K | $21M |
| AVLVAMERICAN CENTY ETF TR | 167K | 158K | 199K | 213K | 229K | 231K | $19M |
| VWOVANGUARD INTL EQUITY INDEX F | 203K | 187K | 221K | 225K | 241K | 258K | $14M |
| VTIVANGUARD INDEX FDS | 15K | 13K | 15K | 15K | 15K | 18K | $6M |
| SPDWSPDR INDEX SHS FDS | 105K | 90K | 104K | 104K | 100K | 101K | $5M |
| SPYVSPDR SERIES TRUST | 73K | 67K | 72K | 63K | 60K | 60K | $3M |
| XOMEXXON MOBIL CORP | 151 | 55 | 55 | 55 | 22K | 20K | $3M |
| DFACDIMENSIONAL ETF TRUST | 63K | 63K | 63K | 63K | 73K | 73K | $3M |
| AAPLAPPLE INC | 5K | 4K | 5K | 8K | 11K | 11K | $3M |
| MSFTMICROSOFT CORP | 3K | 3K | 3K | 3K | 4K | 4K | $2M |
| NVDANVIDIA CORPORATION | 4K | 3K | 7K | 7K | 9K | 7K | $1M |
| VTVVANGUARD INDEX FDS | 5K | 4K | 6K | 6K | 6K | 6K | $1M |
| IVVISHARES TR | 2K | 2K | 2K | 2K | 2K | 2K | $1M |
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.
