13F holdings as of 2025-12-31 · vs 2025-09-30 · long US-listed positions only
| # | Holding | Shares | Value | % of 13F | QoQ Δ | |
|---|---|---|---|---|---|---|
| 1 | VTIVANGUARD INDEX FDS | ADD | 157K | $52.6M | 21.4% | +$2.8M |
| 2 | VEUVANGUARD INTL EQUITY INDEX F | ADD | 546K | $40.1M | 16.3% | +$3.1M |
| 3 | SLYVSPDR SERIES TRUST | ADD | 196K | $17.9M | 7.3% | +$1.2M |
| 4 | VNQVANGUARD INDEX FDS | ADD | 200K | $17.7M | 7.2% | +$884K |
| 5 | BNDVANGUARD BD INDEX FDS | ADD | 195K | $14.5M | 5.9% | +$328K |
| 6 | VWOVANGUARD INTL EQUITY INDEX F | ADD | 239K | $12.9M | 5.2% | +$678K |
| 7 | VXUSVANGUARD STAR FDS | ADD | 160K | $12.1M | 4.9% | +$375K |
| 8 | SCHBSCHWAB STRATEGIC TR | ADD | 388K | $10.2M | 4.1% | +$510K |
| 9 | SPDWSPDR INDEX SHS FDS | TRIM | 226K | $10.0M | 4.1% | +$308K |
| 10 | VBRVANGUARD INDEX FDS | ADD | 44K | $9.3M | 3.8% | +$299K |
| 11 | MUBISHARES TR | ADD | 72K | $7.7M | 3.1% | +$1.4M |
| 12 | SPEMSPDR INDEX SHS FDS | TRIM | 114K | $5.3M | 2.2% | -$20K |
| 13 | VTEBVANGUARD MUN BD FDS | TRIM | 85K | $4.2M | 1.7% | -$399K |
| 14 | AAPLAPPLE INC | TRIM | 15K | $4.1M | 1.7% | +$2K |
| 15 | SPYGSPDR SERIES TRUST | TRIM | 29K | $3.0M | 1.2% | -$6K |
| 16 | SCHFSCHWAB STRATEGIC TR | TRIM | 112K | $2.7M | 1.1% | -$145K |
| 17 | SPYVSPDR SERIES TRUST | TRIM | 43K | $2.4M | 1.0% | -$21K |
| 18 | VBILVANGUARD INSTL INDEX FD | TRIM | 26K | $2.0M | 0.8% | -$29K |
| 19 | SCHHSCHWAB STRATEGIC TR | ADD | 92K | $1.9M | 0.8% | +$369K |
| 20 | SPTMSPDR SERIES TRUST | TRIM | 20K | $1.7M | 0.7% | -$314K |
| 21 | MSFTMICROSOFT CORP | ADD | 2K | $1.1M | 0.5% | -$76K |
| 22 | VEAVANGUARD TAX-MANAGED FDS | TRIM | 17K | $1.1M | 0.4% | +$12K |
| 23 | VBKVANGUARD INDEX FDS | TRIM | 3K | $998K | 0.4% | +$6K |
| 24 | VTWVVANGUARD SCOTTSDALE FDS | ADD | 6K | $961K | 0.4% | +$29K |
| 25 | SPABSPDR SERIES TRUST | TRIM | 36K | $934K | 0.4% | -$15K |
| 26 | AVGOBROADCOM INC | TRIM | 2K | $638K | 0.3% | +$29K |
| 27 | GOOGALPHABET INC | ADD | 2K | $609K | 0.2% | +$138K |
| 28 | USRTISHARES TR | ADD | 10K | $580K | 0.2% | +$17K |
| 29 | QQQINVESCO QQQ TR | ADD | 931 | $572K | 0.2% | +$24K |
| 30 | VOOVANGUARD INDEX FDS | TRIM | 678 | $425K | 0.2% | -$10K |
| 31 | JPMJPMORGAN CHASE & CO | 1K | $373K | 0.2% | +$8K | |
| 32 | SCHASCHWAB STRATEGIC TR | TRIM | 12K | $352K | 0.1% | -$24K |
| 33 | VIGVANGUARD SPECIALIZED FUNDS | ADD | 1K | $329K | 0.1% | +$26K |
| 34 | SPYSTATE STR SPDR S&P 500 ETF T | ADD | 462 | $315K | 0.1% | +$17K |
| 35 | AMZNAMAZON COM INC | ADD | 1K | $314K | 0.1% | +$17K |
| 36 | VTVVANGUARD INDEX FDS | 2K | $314K | 0.1% | +$7K | |
| 37 | AJGGALLAGHER ARTHUR J & CO | 1K | $299K | 0.1% | -$59K | |
| 38 | IEMGISHARES INC | ADD | 4K | $290K | 0.1% | +$14K |
| 39 | SLYGSPDR SERIES TRUST | 3K | $282K | 0.1% | -$358 | |
| 40 | CATCATERPILLAR INC | 484 | $278K | 0.1% | +$46K | |
| 41 | ITOTISHARES TR | ADD | 2K | $265K | 0.1% | +$30K |
| 42 | VTIPVANGUARD MALVERN FDS | ADD | 5K | $258K | 0.1% | +$56K |
| 43 | DGROISHARES TR | ADD | 3K | $237K | 0.1% | +$9K |
| 44 | ARESARES MANAGEMENT CORPORATION | TRIM | 1K | $234K | 0.1% | +$2K |
| 45 | XOMEXXON MOBIL CORP | 2K | $217K | 0.1% | +$14K | |
| 46 | VVISA INC | 617 | $216K | 0.1% | +$6K | |
| 47 | ABBVABBVIE INC | 930 | $213K | 0.1% | -$3K | |
| 48 | DESWISDOMTREE TR | 6K | $212K | 0.1% | -$1K | |
| 49 | SDYSPDR SERIES TRUST | 1K | $206K | 0.1% | -$1K | |
| 50 | IVWISHARES TR | 2K | $206K | 0.1% | +$4K | |
| 51 | NOBLPROSHARES TR | NEW | 2K | $200K | 0.1% | new |
Source: SEC Form 13F. Values are as-of 2025-12-31 (quarter-end), not live. Percentages are of reported 13F value, not the fund’s full AUM (13F excludes shorts, cash, bonds, most non-US holdings).