CIK 2133972
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 | 99.84% | 27 |
| Automobiles & Components | 0.12% | 1 |
| Software | 0.04% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | VB | VANGUARD INDEX FDS | Unclassified | 11.80% |
| 2 | VTEB | VANGUARD MUN BD FDS | Unclassified | 11.39% |
| 3 | VEA | VANGUARD TAX-MANAGED FDS | Unclassified | 11.00% |
| 4 | SCHX | SCHWAB U.S. LARGE-CAP ETF | Unclassified | 9.38% |
| 5 | VCIT | VANGUARD SCOTTSDALE FDS | Unclassified | 9.02% |
| 6 | VTIP | VANGUARD MALVERN FDS | Unclassified | 8.89% |
| 7 | AGG | ISHARES TR | Unclassified | 7.48% |
| 8 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 7.31% |
| 9 | IEMG | ISHARES INC | Unclassified | 4.95% |
| 10 | BNDX | VANGUARD CHARLOTTE FDS | Unclassified | 4.41% |
3/29 names classified · sector 0.2% of weight · industry 0.2% · mkt cap 0.2%; 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: 0.2% 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 (2/29 names) · unclassified 99.8%: VB, VTEB, VEA, SCHX, VCIT, VTIP, AGG, SPY, IEMG, BNDX +17 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 | VBVANGUARD INDEX FDS | 54,623 | $14M | 11.8% | HOLD |
| 2 | VTEBVANGUARD MUN BD FDS | 276,667 | $14M | 11.4% | ADD 50% |
| 3 | VEAVANGUARD TAX-MANAGED FDS | 208,134 | $13M | 11.0% | HOLD |
| 4 | SCHXSCHWAB U.S. LARGE-CAP ETF | 443,360 | $11M | 9.4% | HOLD |
| 5 | VCITVANGUARD SCOTTSDALE FDS | 132,102 | $11M | 9.0% | ADD 2% |
| 6 | VTIPVANGUARD MALVERN FDS | 215,692 | $11M | 8.9% | ADD 8% |
| 7 | AGGISHARES TR | 91,409 | $9M | 7.5% | TRIM −25% |
| 8 | SPYSTATE STR SPDR S&P 500 ETF T | 13,628 | $9M | 7.3% | ADD 4% |
| 9 | IEMGISHARES INC | 86,054 | $6M | 5.0% | HOLD |
| 10 | BNDXVANGUARD CHARLOTTE FDS | 111,307 | $5M | 4.4% | TRIM −25% |
| 11 | SCHHSCHWAB STRATEGIC TR | 221,690 | $5M | 3.9% | ADD 4% |
| 12 | SCHASCHWAB STRATEGIC TR | 135,958 | $4M | 3.3% | ADD 6% |
| 13 | VNQVANGUARD INDEX FDS | 38,325 | $3M | 2.8% | HOLD |
| 14 | SPYMSPDR SERIES TRUST | 25,650 | $2M | 1.6% | HOLD |
| 15 | SCHFSCHWAB STRATEGIC TR | 56,406 | $1M | 1.2% | TRIM −2% |
| 16 | MUBISHARES TR | 5,517 | $585,630 | 0.5% | ADD 54% |
| 17 | IJRISHARES TR | 2,844 | $353,499 | 0.3% | ADD 26% |
| 18 | VTIVANGUARD INDEX FDS | 944 | $302,858 | 0.2% | HOLD |
| 19 | VOOVANGUARD INDEX FDS | 262 | $156,428 | 0.1% | HOLD |
| 20 | TSLATESLA INC | 404 | $150,187 | 0.1% | HOLD |
| 21 | VEUVANGUARD INTL EQUITY INDEX F | 1,419 | $106,532 | 0.1% | HOLD |
| 22 | BRK.BBERKSHIRE HATHAWAY INC DEL | 132 | $63,254 | 0.1% | HOLD |
| 23 | AOAISHARES TR | 670 | $59,256 | 0.0% | HOLD |
| 24 | MSFTMICROSOFT CORP | 132 | $48,862 | 0.0% | HOLD |
| 25 | VWOVANGUARD INTL EQUITY INDEX F | 645 | $34,887 | 0.0% | HOLD |
| 26 | VDEVANGUARD WORLD FD | 150 | $25,956 | 0.0% | NEW |
| 27 | TIPISHARES TR | 210 | $23,176 | 0.0% | NEW |
| 28 | SUBISHARES TR | 210 | $22,365 | 0.0% | NEW |
| 29 | IYRISHARES TR | 174 | $16,453 | 0.0% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| VBVANGUARD INDEX FDS | 53K | 53K | 54K | 54K | 54K | 55K | $14M |
| VTEBVANGUARD MUN BD FDS | 282K | 297K | 302K | 186K | 184K | 277K | $14M |
| VEAVANGUARD TAX-MANAGED FDS | 205K | 215K | 214K | 204K | 210K | 208K | $13M |
| SCHXSCHWAB U.S. LARGE-CAP ETF | 472K | 479K | 483K | 442K | 442K | 443K | $11M |
| VCITVANGUARD SCOTTSDALE FDS | 215K | 220K | 229K | 127K | 129K | 132K | $11M |
| VTIPVANGUARD MALVERN FDS | 217K | 223K | 226K | 195K | 200K | 216K | $11M |
| AGGISHARES TR | — | — | — | 120K | 122K | 91K | $9M |
| SPYSTATE STR SPDR S&P 500 ETF T | 13K | 14K | 14K | 13K | 13K | 14K | $9M |
| IEMGISHARES INC | 83K | 87K | 88K | 83K | 86K | 86K | $6M |
| BNDXVANGUARD CHARLOTTE FDS | — | — | — | 145K | 149K | 111K | $5M |
| SCHHSCHWAB STRATEGIC TR | 177K | 183K | 185K | 200K | 214K | 222K | $5M |
| SCHASCHWAB STRATEGIC TR | 109K | 118K | 124K | 124K | 128K | 136K | $4M |
| VNQVANGUARD INDEX FDS | 35K | 37K | 37K | 39K | 39K | 38K | $3M |
| SPYMSPDR SERIES TRUST | 29K | 28K | 27K | 27K | 25K | 26K | $2M |
| SCHFSCHWAB STRATEGIC TR | 62K | 60K | 59K | 56K | 58K | 56K | $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.
