CIK 2112320
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% | 9 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | VONG | VANGUARD SCOTTSDALE FDS | Unclassified | 29.31% |
| 2 | SCHM | SCHWAB STRATEGIC TR | Unclassified | 21.86% |
| 3 | SCHA | SCHWAB STRATEGIC TR | Unclassified | 20.86% |
| 4 | USRT | ISHARES TR | Unclassified | 9.95% |
| 5 | SCHE | SCHWAB STRATEGIC TR | Unclassified | 9.15% |
| 6 | SPMB | SPDR SER TR | Unclassified | 7.78% |
| 7 | SCHX | SCHWAB U.S. LARGE-CAP ETF | Unclassified | 0.87% |
| 8 | CWB | SPDR SER TR | Unclassified | 0.13% |
| 9 | SCHP | SCHWAB STRATEGIC TR | Unclassified | 0.10% |
0/9 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 (0/9 names) · unclassified 100.0%: VONG, SCHM, SCHA, USRT, SCHE, SPMB, SCHX, CWB, SCHP. 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 | VONGVANGUARD SCOTTSDALE FDS | 599,199 | $66M | 29.3% | HOLD |
| 2 | SCHMSCHWAB STRATEGIC TR | 1,583,141 | $49M | 21.9% | TRIM −2% |
| 3 | SCHASCHWAB STRATEGIC TR | 1,608,645 | $47M | 20.9% | TRIM −4% |
| 4 | USRTISHARES TR | 376,929 | $22M | 9.9% | ADD 3% |
| 5 | SCHESCHWAB STRATEGIC TR | 623,006 | $21M | 9.2% | TRIM −3% |
| 6 | SPMBSPDR SER TR | 779,674 | $17M | 7.8% | ADD 3% |
| 7 | SCHXSCHWAB U.S. LARGE-CAP ETF | 76,175 | $2M | 0.9% | HOLD |
| 8 | CWBSPDR SER TR | 3,102 | $283,926 | 0.1% | TRIM −5% |
| 9 | SCHPSCHWAB STRATEGIC TR | 8,107 | $215,720 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| VONGVANGUARD SCOTTSDALE FDS | — | — | — | — | 592K | 599K | $66M |
| SCHMSCHWAB STRATEGIC TR | — | — | — | — | 1.6M | 1.6M | $49M |
| SCHASCHWAB STRATEGIC TR | — | — | — | — | 1.7M | 1.6M | $47M |
| USRTISHARES TR | — | — | — | — | 365K | 377K | $22M |
| SCHESCHWAB STRATEGIC TR | — | — | — | — | 645K | 623K | $21M |
| SPMBSPDR SER TR | — | — | — | — | 756K | 780K | $17M |
| SCHXSCHWAB U.S. LARGE-CAP ETF | — | — | — | — | 76K | 76K | $2M |
| CWBSPDR SER TR | — | — | — | — | 3K | 3K | $283,926 |
| SCHPSCHWAB STRATEGIC TR | — | — | — | — | 8K | 8K | $215,720 |
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.
