CIK 2054083
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 | 96.73% | 23 |
| Semiconductors & Semiconductor Equipment | 1.31% | 1 |
| Specialty Retail | 0.56% | 1 |
| Technology Hardware & Equipment | 0.50% | 1 |
| Software & IT Services | 0.36% | 1 |
| Oil, Gas & Consumable Fuels | 0.19% | 1 |
| Software | 0.15% | 1 |
| Machinery | 0.10% | 1 |
| Health Care Providers & Services | 0.10% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | VOO | VANGUARD INDEX FDS | Unclassified | 24.04% |
| 2 | VEA | VANGUARD TAX-MANAGED FDS | Unclassified | 15.84% |
| 3 | VCRB | VANGUARD MALVERN FDS | Unclassified | 10.48% |
| 4 | SPSB | SPDR SERIES TRUST | Unclassified | 10.02% |
| 5 | BILS | SPDR SERIES TRUST | Unclassified | 9.11% |
| 6 | STIP | ISHARES TR | Unclassified | 8.04% |
| 7 | IJH | ISHARES TR | Unclassified | 4.26% |
| 8 | IJR | ISHARES TR | Unclassified | 3.94% |
| 9 | VONE | Vanguard Russell 1000 ETF | Unclassified | 2.36% |
| 10 | IEFA | ISHARES TR | Unclassified | 2.02% |
9/31 names classified · sector 3.4% of weight · industry 3.3% · mkt cap 3.4%; 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: 3.4% of the book is sector-classified (unclassified names shown, never dropped).
Only 3% of book weight classified — the grid is NOT representative of the whole book.
Classified: 3.3% of book weight (8/31 names) · unclassified 96.7%: VOO, VEA, VCRB, SPSB, BILS, STIP, IJH, IJR, VONE, IEFA +13 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 | VOOVANGUARD INDEX FDS | 113,045 | $68M | 24.0% | TRIM −3% |
| 2 | VEAVANGUARD TAX-MANAGED FDS | 694,551 | $45M | 15.8% | HOLD |
| 3 | VCRBVANGUARD MALVERN FDS | 380,462 | $29M | 10.5% | NEW |
| 4 | SPSBSPDR SERIES TRUST | 936,129 | $28M | 10.0% | TRIM −8% |
| 5 | BILSSPDR SERIES TRUST | 257,283 | $26M | 9.1% | TRIM −7% |
| 6 | STIPISHARES TR | 218,439 | $23M | 8.0% | ADD 4% |
| 7 | IJHISHARES TR | 177,445 | $12M | 4.3% | HOLD |
| 8 | IJRISHARES TR | 89,085 | $11M | 3.9% | HOLD |
| 9 | VONEVanguard Russell 1000 ETF | 22,446 | $7M | 2.4% | TRIM −2% |
| 10 | IEFAISHARES TR | 62,582 | $6M | 2.0% | TRIM −2% |
| 11 | VVVANGUARD INDEX FDS | 12,974 | $4M | 1.4% | HOLD |
| 12 | NVDANVIDIA CORPORATION | 21,058 | $4M | 1.3% | TRIM −4% |
| 13 | QQQINVESCO QQQ TR | 6,139 | $4M | 1.3% | TRIM −4% |
| 14 | VTWOVANGUARD SCOTTSDALE FDS | 26,493 | $3M | 0.9% | TRIM −4% |
| 15 | XCEMCOLUMBIA ETF TR II | 56,983 | $2M | 0.8% | HOLD |
| 16 | IVOOVanguard S&P Mid-Cap 400 Index Fund - ETF | 14,894 | $2M | 0.6% | HOLD |
| 17 | VOVANGUARD INDEX FDS | 5,912 | $2M | 0.6% | HOLD |
| 18 | COSTCOSTCO WHSL CORP NEW | 1,576 | $2M | 0.6% | TRIM −16% |
| 19 | AAPLAPPLE INC | 5,579 | $1M | 0.5% | HOLD |
| 20 | GOOGALPHABET INC | 3,549 | $1M | 0.4% | HOLD |
| 21 | SGOVISHARES TR | 8,192 | $824,000 | 0.3% | NEW |
| 22 | CVXCHEVRON CORP NEW | 2,631 | $544,000 | 0.2% | HOLD |
| 23 | VTEBVANGUARD MUN BD FDS | 10,881 | $542,000 | 0.2% | NEW |
| 24 | MSFTMICROSOFT CORP | 1,120 | $414,000 | 0.1% | TRIM −21% |
| 25 | IVVISHARES TR | 615 | $402,000 | 0.1% | HOLD |
| 26 | DIASPDR DOW JONES INDL AVERAGE | 731 | $338,000 | 0.1% | ADD 6% |
| 27 | LRCXLAM RESEARCH CORP | 1,275 | $272,000 | 0.1% | TRIM −34% |
| 28 | DVADaVita HealthCare Partners, Inc. | 1,765 | $271,000 | 0.1% | TRIM −39% |
| 29 | IWRISHARES TR | 2,642 | $256,000 | 0.1% | HOLD |
| 30 | BRK.BBERKSHIRE HATHAWAY INC DEL | 508 | $243,000 | 0.1% | HOLD |
| 31 | FEZSPDR INDEX SHS FDS | 3,428 | $212,000 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| VOOVANGUARD INDEX FDS | 96K | 101K | 106K | 127K | 117K | 113K | $68M |
| VEAVANGUARD TAX-MANAGED FDS | 586K | 604K | 652K | 664K | 703K | 695K | $45M |
| VCRBVANGUARD MALVERN FDS | — | — | — | — | — | 380K | $29M |
| SPSBSPDR SERIES TRUST | 886K | 934K | 981K | — | 1.0M | 936K | $28M |
| BILSSPDR SERIES TRUST | 257K | 268K | 274K | — | 276K | 257K | $26M |
| STIPISHARES TR | 167K | 170K | 188K | — | 210K | 218K | $23M |
| IJHISHARES TR | 158K | 163K | 174K | — | 177K | 177K | $12M |
| IJRISHARES TR | 87K | 84K | 86K | — | 91K | 89K | $11M |
| VONEVanguard Russell 1000 ETF | 25K | 25K | 25K | — | 23K | 22K | $7M |
| IEFAISHARES TR | 65K | 65K | 66K | — | 64K | 63K | $6M |
| VVVANGUARD INDEX FDS | 10K | 10K | 13K | — | 13K | 13K | $4M |
| NVDANVIDIA CORPORATION | 32K | 25K | 27K | 24K | 22K | 21K | $4M |
| QQQINVESCO QQQ TR | 5K | 5K | 6K | 6K | 6K | 6K | $4M |
| VTWOVANGUARD SCOTTSDALE FDS | 30K | 30K | 30K | — | 28K | 26K | $3M |
| XCEMCOLUMBIA ETF TR II | 46K | 47K | 48K | 53K | 58K | 57K | $2M |
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.
