Abacus Planning Group, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 21, 2025), Abacus Planning Group, Inc. reported 243 stock positions worth $672.0 million. Its top holding was Distillate US Fundamental St (DSTL) at 11.4% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 10.0%) and Mortgage-Backed Securities (JMTG, 6.9%). Compared with Q1 2025, it opened 23 new positions, sold out of 12, added to 89 and reduced 99. The biggest buy was a new position in Mortgage-Backed Securities (JMTG) and the biggest sale Distillate US Fundamental St (DSTL, shares −3%).

Most Recent 13F
Q2 2026
Location
COLUMBIA, SC
CIK
0001602730
Portfolio Value
$672.0M (Q2 2025)
SEC Filing
0001602730-25-000006 ↗ filed Jul 21, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $511.4M Q1 2024 Q2 2024: $515.3M Q2 2024 Q3 2024: $559.3M Q3 2024 Q4 2024: $568.4M Q4 2024 Q1 2025: $570.6M Q1 2025 Q2 2025: $672.0M $672.0M Q2 2025 Q3 2025: $724.4M Q3 2025 Q4 2025: $750.9M Q4 2025 Q1 2026: $742.9M Q1 2026 Q2 2026: $808.8M Q2 2026

Holdings 243 stocks · $672.0M

DSTL Distillate US Fundamental St 11.38% 1,381,445 $76.5M Reduce -3.2%
VTI VG Morningstar TS MKT ETF-US 10.00% 221,109 $67.2M Add +1.5%
JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F 6.90% 923,948 $46.4M New
VBR Vngrd Mrngst SL-CP Val ETF-U 5.97% 205,765 $40.1M Reduce -5.3%
STIP iShares 0-5 Year Tips Bond E 5.28% 344,830 $35.5M Add +13.8%
VXUS Vanguard Total Intl Stock 4.69% 456,554 $31.5M Reduce -1.0%
VEA Vanguard Ftse Developed ETF 4.02% 473,350 $27.0M Add +10.7%
AMZN Amazon.com Inc. 3.03% 92,705 $20.3M Add +0.5%
UNP Union Pacific Corp. 2.91% 84,897 $19.5M Reduce -0.1%
VOO Vanguard S&P 500 ETF 2.65% 31,400 $17.8M Reduce -1.0%
DFAW Dimensional World Eqty ETF 2.17% 217,521 $14.6M Add +1.4%
AAPL Apple Inc. 1.79% 58,577 $12.0M Reduce -8.0%
MSFT Microsoft Corp. 1.59% 21,466 $10.7M Reduce -0.8%
VTV Vanguard Mrngstr Val ETF-Aui 1.53% 58,072 $10.3M Add +75.8%
IVV iShares Core S&P 500 ETF 1.27% 13,693 $8.5M Add +0.3%
DFIS Dimensional International SM 1.21% 271,668 $8.1M Add +8.3%
SCHO Schwab Short-Term US Treas 1.11% 307,296 $7.5M Reduce -0.6%
VWO Vanguard Ftse Emerging Marke 1.04% 141,736 $7.0M Add +3.0%
JPM JPMorgan Chase & Co. 0.92% 21,414 $6.2M Reduce -0.4%
NVDA Nvidia Corp. 0.91% 38,682 $6.1M Add +7.8%
VB Vanguard Most SM-Cap ETF-Usd 0.82% 23,291 $5.5M Reduce -4.9%
PSLV Sprott Physical Silver Trust 0.79% 435,540 $5.3M No change
IJS iShares S&P Small-Cap 600 Va 0.78% 52,954 $5.3M Add +91.8%
GOOG Alphabet Inc. Class C 0.78% 29,541 $5.2M Reduce -0.1%
DEA Easterly Government Properti 0.65% 195,386 $4.3M Add +0.1%
PHYS Sprott Physical Gold Trust 0.64% 170,885 $4.3M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.58% 6,304 $3.9M Reduce -1.4%
WK Workiva Inc. 0.54% 52,954 $3.6M No change
AVDE Avantis International Equity 0.52% 46,825 $3.5M Add +36.6%
EW Edwards Lifesciences Corp. 0.47% 40,171 $3.1M Reduce -0.1%
MTB M & T Bank Corp. filed as M & T BK CORP 0.46% 16,104 $3.1M Reduce -6.3%
SCZ iShares MSCI Eafe Small-Cap 0.43% 39,505 $2.9M Reduce -3.4%
BOC Boston Omaha Corp. Class A 0.43% 204,352 $2.9M No change
EEM iShares MSCI Emerging Market 0.42% 58,850 $2.8M Reduce -1.3%
META Meta Platforms Inc. Class A 0.42% 3,805 $2.8M Reduce -1.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.37% 53,151 $2.5M Reduce -2.8%
BRK.B Berkshire Hathaway Inc. Class B 0.37% 5,103 $2.5M Reduce -2.7%
SCHC Schwab Intl Small-Cap Equity 0.35% 55,530 $2.4M Add +2.7%
INTU Intuit Inc. 0.34% 2,867 $2.3M Add +1.4%
COST Costco Wholesale Corp. 0.33% 2,270 $2.2M Add +1.5%
KO The Coca-Cola Co. 0.33% 30,929 $2.2M Add +0.9%
ORCL Oracle Corp. 0.32% 9,986 $2.2M Add +2.1%
ARMK Aramark 0.32% 51,528 $2.2M No change
SHV iShares 0-1 Year Treasury Bo 0.31% 19,116 $2.1M Add +0.0%
VEU Vanguard Ftse All-World Ex-U 0.31% 31,109 $2.1M Reduce -0.5%
SCHB Schwab US Broad Market ETF 0.31% 87,406 $2.1M Add +118.8%
GBTC Grayscale Bitcoin Trust ETF 0.30% 23,738 $2.0M No change
WMT Walmart Inc. 0.30% 20,452 $2.0M Add +14.3%
INFL Horizon Kinetics Infl Benef 0.30% 47,345 $2.0M Add +21.8%
LLY Eli Lilly & Co. 0.28% 2,431 $1.9M Reduce -2.3%
GOOGL Alphabet Inc. Class A 0.28% 10,752 $1.9M Reduce -3.3%
XOM Exxon Mobil Corp. 0.28% 17,359 $1.9M Add +0.6%
EFA iShares MSCI Eafe ETF 0.27% 20,089 $1.8M Reduce -15.2%
AVUV Avantis US Small Cap Value 0.26% 19,022 $1.7M Add +178.3%
IWM iShares Russell 2000 ETF 0.26% 8,030 $1.7M No change
UNM Unum Group 0.24% 20,086 $1.6M Reduce -0.3%
JNJ Johnson & Johnson 0.24% 10,482 $1.6M Add +4.5%
SCHX Schwab US Large-Cap ETF 0.23% 63,199 $1.5M Reduce -0.3%
LEN Lennar Corp. Class A 0.22% 13,148 $1.5M Reduce -1.2%
VT Vanguard Tot World STK ETF 0.22% 11,304 $1.5M Add +14.1%
FISV Fiserv Inc. 0.22% 8,420 $1.5M Reduce -1.7%
RWO State Street SPDR Dow Jones 0.22% 32,781 $1.4M Reduce -0.1%
DE Deere & Co. 0.21% 2,835 $1.4M Reduce -3.2%
ROP Roper Technologies Inc. 0.21% 2,498 $1.4M Add +0.1%
SCHF Schwab Intl Equity ETF 0.21% 63,314 $1.4M Add +0.2%
IWV iShares Russell 3000 ETF 0.20% 3,882 $1.4M No change
FNV Franco-Nevada Corp. 0.19% 7,938 $1.3M Add +498.6%
VONE Vanguard Russell 1000 0.19% 4,535 $1.3M No change
HD Home Depot Inc. 0.19% 3,443 $1.3M Add +3.4%
CAT Caterpillar Inc. 0.18% 3,194 $1.2M Reduce -4.5%
SFST Southern First Bancshares 0.18% 31,123 $1.2M No change
DUK Duke Energy Corp. 0.17% 9,719 $1.1M Add +3.6%
DHR Danaher Corp. 0.17% 5,710 $1.1M Add +5.7%
MRK Merck & Co. Inc. 0.16% 13,837 $1.1M Reduce -3.5%
SUSA iShares ESG Optimized MSCI U 0.16% 8,627 $1.1M Reduce -1.8%
IEMG iShares Core MSCI Emerging 0.16% 18,092 $1.1M Add +5.7%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.16% 3,791 $1.1M Add +0.4%
AMGN Amgen Inc. 0.16% 3,858 $1.1M Add +0.1%
MCD McDonald's Corp. 0.16% 3,669 $1.1M Add +0.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.15% 3,472 $1.0M Add +2.1%
NEE Nextera Energy Inc. 0.15% 14,360 $997K Add +2.7%
SW Smurfit Westrock PLC 0.15% 23,083 $996K Reduce -0.6%
CHD Church & Dwight Co. Inc. 0.15% 10,328 $993K Reduce -1.2%
PG The Procter & Gamble Co. 0.15% 6,132 $977K Add +6.5%
MET Metlife Inc. 0.14% 12,108 $974K Reduce -1.1%
FCCO First Community Corp. 0.14% 39,823 $971K Reduce -3.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.14% 7,435 $922K Reduce -4.9%
AVGO Broadcom Inc. 0.13% 3,272 $902K Reduce -8.8%
AVDV Avantis Intl S/C Value ETF 0.12% 10,407 $825K Add +250.5%
BPOP Popular Inc. 0.12% 7,367 $812K Reduce -0.0%
NFLX Netflix Inc. 0.12% 598 $801K Add +0.2%
JLL Jones Lang Lasalle Inc. 0.12% 3,124 $799K Add +17.1%
PEP Pepsico Inc. 0.12% 5,958 $787K Reduce -0.8%
T AT&T Inc. 0.12% 26,985 $781K Reduce -1.2%
CSCO Cisco Systems Inc. 0.11% 11,110 $771K Reduce -3.3%
DFEM Dimensional Emrg MRKT Core 0.11% 24,810 $736K Add +28.4%
HON Honeywell International Inc. 0.11% 3,147 $733K Add +4.2%
CAH Cardinal Health Inc. 0.11% 4,330 $727K Reduce -0.2%
V Visa Inc. Class A 0.11% 1,998 $709K Reduce -1.0%
VZ Verizon Communications Inc. 0.10% 16,073 $695K Add +0.4%
LOW Lowe's Cos Inc. 0.10% 3,126 $694K Reduce -2.2%
ESGV Vanguard ESG US Stock ETF 0.10% 6,048 $663K No change
UHS Universal Health Services-B 0.10% 3,562 $645K New
PWR Quanta Services Inc. 0.09% 1,677 $634K Add +9.8%
HPE Hewlett Packard Enterprise 0.09% 30,586 $625K Add +14.2%
CDW CDW Corp. 0.09% 3,494 $624K Add +2.8%
GE General Electric filed as GE AEROSPACE 0.09% 2,407 $620K Add +13.8%
CI The Cigna Group 0.09% 1,864 $616K Add +0.4%
EE Excelerate Energy Inc. Class A 0.09% 21,000 $616K No change
SCHE Schwab Emrg Mrkts Eqty ETF 0.09% 19,846 $598K Reduce -3.6%
CB Chubb Ltd. 0.09% 2,032 $589K Add +17.9%
UNH Unitedhealth Group Inc. 0.09% 1,850 $577K Reduce -20.7%
WCC Wesco International Inc. 0.08% 3,053 $565K Reduce -1.3%
R Ryder System Inc. 0.08% 3,521 $560K Add +0.4%
MCO Moody's Corp. 0.08% 1,112 $558K Reduce -2.5%
TSLA Tesla Inc. 0.08% 1,753 $557K Reduce -11.8%
PFE Pfizer Inc. 0.08% 22,797 $553K Add +0.5%
PGR Progressive Corp. 0.08% 2,001 $534K Add +20.5%
IWB iShares Russell 1000 ETF 0.08% 1,547 $525K Reduce -2.0%
ABT Abbott Laboratories 0.08% 3,820 $520K Reduce -1.6%
CVX Chevron Corp. 0.08% 3,611 $517K Reduce -3.2%
WFC Wells Fargo & Co. 0.08% 6,357 $509K Add +9.8%
NKE Nike Inc. Class B 0.08% 7,105 $505K New
ETN Eaton Corp. PLC 0.07% 1,395 $498K Add +17.2%
AVEM Avantis Emerging Markets Eq 0.07% 7,193 $493K Reduce -0.9%
ALL Allstate Corp. 0.07% 2,421 $487K Reduce -0.3%
NSC Norfolk Southern Corp. 0.07% 1,877 $481K Reduce -2.3%
VNQ Vanguard Real Estate ETF 0.07% 5,340 $476K Reduce -39.3%
GM General Motors Co. 0.07% 9,653 $475K Reduce -8.4%
DISV Dimensional International SM 0.07% 14,367 $473K Add +2.3%
PM Philip Morris International 0.07% 2,547 $464K Add +31.6%
MPC Marathon Petroleum Corp. 0.07% 2,784 $462K Reduce -23.4%
QQQ Invesco QQQ Trust Series 1 0.07% 830 $458K Reduce -23.6%
BND Vanguard Total Bond Market 0.07% 6,072 $447K Reduce -10.2%
JBL Jabil Inc. 0.07% 2,029 $443K Reduce -2.6%
BAX Baxter International Inc. 0.07% 14,591 $442K Reduce -0.2%
CME Cme Group Inc. 0.07% 1,602 $442K Reduce -0.5%
ABBV Abbvie Inc. 0.07% 2,367 $439K Reduce -6.1%
ADP Automatic Data Processing 0.06% 1,392 $429K Reduce -2.8%
VTRS Viatris Inc. 0.06% 47,394 $423K New
GD General Dynamics Corp. 0.06% 1,425 $416K Add +9.4%
VIG Vanguard Dividend Apprec ETF 0.06% 2,030 $415K Reduce -0.6%
SCHA Schwab US Small-Cap ETF 0.06% 16,240 $411K Add +0.0%
INTC Intel Corp. 0.06% 18,117 $406K Reduce -2.1%
IYR iShares US Real Estate ETF 0.06% 4,275 $405K No change
DFAE Dimensional Emerging Core Eq 0.06% 13,875 $402K Add +0.9%
TXN Texas Instruments Inc. 0.06% 1,924 $399K Add +17.2%
APO Apollo Global Management Inc. 0.06% 2,793 $396K Reduce -5.5%
RTX RTX Corp. 0.06% 2,694 $393K Reduce -6.1%
DFGR Dim Global Real Estate ETF 0.06% 14,647 $393K Add +36.6%
IWF iShares Russell 1000 Growth 0.06% 925 $393K No change
HCA HCA Healthcare Inc. 0.06% 1,024 $392K Reduce -11.7%
KNSL Kinsale Capital Group Inc. 0.06% 803 $389K New
UBER Uber Technologies Inc. 0.06% 4,143 $387K Reduce -7.5%
AEP American Electric Power 0.06% 3,707 $385K Reduce -0.4%
AXP American Express Co. 0.06% 1,197 $382K Add +12.1%
MSI Motorola Solutions Inc. 0.06% 908 $382K Add +1.0%
ELV Elevance Health Inc. 0.06% 979 $381K Add +14.6%
CRM Salesforce Inc. 0.06% 1,377 $376K Add +8.1%
AN Autonation Inc. 0.06% 1,875 $372K No change
D Dominion Energy Inc. 0.06% 6,574 $372K Reduce -4.4%
CVS CVS Health Corp. 0.06% 5,360 $370K Reduce -10.9%
GEV GE Vernova Inc. 0.05% 672 $356K New
COO The Cooper Cos Inc. 0.05% 4,914 $350K Reduce -12.6%
VUG Vanguard Mrngstar GR ETF-Sui 0.05% 774 $340K Add +2.4%
ASML ASML Holding NV-NY Reg SHS 0.05% 422 $338K No change
TFC Truist Financial Corp. 0.05% 7,823 $336K Reduce -5.1%
TT Trane Technologies PLC 0.05% 767 $335K Add +20.2%
SCHW Schwab (charles) Corp. 0.05% 3,649 $333K Add +12.0%
MU Micron Technology Inc. 0.05% 2,700 $333K Reduce -6.5%
BLK BlackRock Inc. 0.05% 316 $332K Reduce -12.0%
UAL United Airlines Holdings Inc. 0.05% 4,129 $329K Reduce -23.1%
QCOM Qualcomm Inc. 0.05% 2,045 $326K Add +5.5%
L Loews Corp. 0.05% 3,543 $325K New
NET Cloudflare Inc. Class A 0.05% 1,657 $324K New
AON Aon PLC Class A 0.05% 904 $323K Reduce -12.2%
MA Mastercard Inc. Class A 0.05% 573 $322K Reduce -7.0%
FLR Fluor Corp. 0.05% 6,216 $319K Add +8.1%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.05% 4,287 $315K Add +47.1%
IGIC International General Insura filed as INTL GNRL INSURANCE HLDNGS L 0.05% 13,091 $314K Add +49.4%
EQT Eqt Corp. 0.05% 5,387 $314K Add +20.0%
WSM Williams-Sonoma Inc. 0.05% 1,918 $313K Add +2.2%
IWP iShares Russell Mid-Cap Grow 0.05% 2,259 $313K No change
EMXF iShares ESG Adv MSCI Em ETF 0.04% 7,058 $303K No change
AMD Advanced Micro Devices 0.04% 2,084 $296K Reduce -1.8%
ARW Arrow Electronics Inc. 0.04% 2,278 $290K New
BTC Grayscale Bitcoin Mini ETF 0.04% 6,067 $290K No change
F Ford Motor Co. filed as FORD MTR CO 0.04% 26,324 $286K Add +27.8%
SON Sonoco Products Co. 0.04% 6,529 $284K Add +0.2%
URI United Rentals Inc. 0.04% 376 $283K Add +10.6%
GS Goldman Sachs Group Inc. 0.04% 397 $281K New
SCHV Schwab US Large-Cap Value 0.04% 10,054 $278K Reduce -1.0%
BMY Bristol-Myers Squibb Co. 0.04% 5,977 $277K Reduce -0.7%
JCI Johnson Controls Internation 0.04% 2,601 $275K Reduce -4.2%
BRT BRT Apartments Corp. 0.04% 17,500 $274K No change
LNWO Light & Wonder Inc. 0.04% 2,822 $272K Reduce -25.0%
CMCSA Comcast Corp. Class A 0.04% 7,606 $271K Reduce -9.5%
AXS Axis Capital Holdings Ltd. 0.04% 2,590 $269K New
MO Altria Group Inc. 0.04% 4,568 $268K No change
BLDR Builders Firstsource Inc. 0.04% 2,238 $261K Reduce -1.8%
AMAT Applied Materials Inc. 0.04% 1,415 $259K New
HPQ HP Inc. 0.04% 10,497 $257K Add +7.2%
DFSV Dimensional US Small Cap Val 0.04% 8,483 $250K Add +0.0%
AVRE Avantis Real Estate ETF 0.04% 5,631 $249K Add +0.3%
BG Bunge Global SA 0.04% 3,096 $249K Add +2.2%
TSM Taiwan Semiconductor-SP ADR 0.04% 1,083 $245K New
BWXT BWX Technologies Inc. 0.04% 1,674 $241K New
YUM Yum! Brands Inc. 0.04% 1,626 $241K Reduce -0.2%
TRV The Travelers Cos Inc. 0.04% 896 $240K Add +12.0%
TPR Tapestry Inc. 0.03% 2,660 $234K New
AMP Ameriprise Financial Inc. 0.03% 437 $233K Reduce -2.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.03% 830 $232K Add +0.7%
BKNG Booking Holdings Inc. 0.03% 40 $232K Reduce -11.1%
VYMI Vanguard Int High DVD YLD Inc. 0.03% 2,882 $231K No change
SGMT Sagimet Biosciences Inc. Class A 0.03% 29,968 $228K Add +14.6%
DOV Dover Corp. 0.03% 1,234 $226K Reduce -4.9%
CBRE CBRE Group Inc. Class A 0.03% 1,613 $226K Add +1.6%
ADI Analog Devices Inc. 0.03% 945 $225K Reduce -13.0%
HSY The Hershey Co. 0.03% 1,353 $224K Reduce -17.9%
MCK McKesson Corp. 0.03% 305 $223K No change
SO The Southern Co. 0.03% 2,378 $218K Reduce -4.8%
SKWD Skyward Specialty Insurance 0.03% 3,756 $217K New
SHEL Shell PLC-ADR 0.03% 3,074 $216K Reduce -41.6%
MMM 3M Co. 0.03% 1,415 $215K Reduce -11.9%
ESGD iShares Trust iShares ESG Aw 0.03% 2,396 $214K New
UI Ubiquiti Inc. 0.03% 515 $212K New
SSB Southstate Bank Corp. 0.03% 2,286 $210K No change
PSX Phillips 66 0.03% 1,755 $209K Reduce -10.3%
NRG NRG Energy Inc. 0.03% 1,260 $202K New
BX Blackstone Inc. 0.03% 1,352 $202K New
DHC Diversified Healthcare Trust 0.03% 49,283 $176K Add +28.1%
RIVN Rivian Automotive Inc. Class A 0.02% 11,361 $156K No change
DC Dakota Gold Corp. 0.02% 40,160 $148K New
VSTS Vestis Corp. 0.02% 25,764 $148K No change
XAWFX Alliancebernstein GL Hi Inc. 0.02% 13,000 $143K No change
ASRV Ameriserv Financial Inc. 0.02% 42,513 $129K No change
PACB Pacific Biosciences of Calif 0.02% 100,000 $124K No change
OGN Organon & Co. 0.01% 10,232 $99K New
NOK Nokia Corp.-Spon ADR 0.01% 13,700 $71K No change
HL Hecla Mining Co. 0.01% 11,655 $70K No change
SABR Sabre Corp. 0.01% 16,359 $52K Add +20.1%
CLOV Clover Health Investments Co. 0.01% 14,181 $40K No change
ACET Adicet Bio Inc. 0.00% 36,764 $22K New
Other holdings (5): bonds, preferreds, convertibles and warrants · $410K (not counted above)
SecurityClassShares / PrincipalValueChange
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal 100,000$99KNo change
PELOTON INTERACTIVE INC (PTON 0 02/15/26) NOTE 2/1 · principal 100,000$96KNo change
HERBALIFE LTD (HLF 4.25 06/15/28) NOTE 4.250% 6/1 · principal 100,000$91KNo change
CERENCE INC (CRNC 1.5 07/01/28) NOTE 1.500% 7/0 · principal 100,000$77KNew
JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) CONVERTIBLE BOND · principal 50,000$48KNo change

Total filed on the 13F, all lines: $672.5M.

Portfolio Sells Q1 2025 → Q2 2025

DSTL Distillate US Fundamental St Reduce -3.2% 11.38% −2.19
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -5.3% 5.97% −1.12
AAPL Apple Inc. Reduce -8.0% 1.79% −0.69
UNP Union Pacific Corp. Reduce -0.1% 2.91% −0.61
VXUS Vanguard Total Intl Stock Reduce -1.0% 4.69% −0.32
SCHO Schwab Short-Term US Treas Reduce -0.6% 1.11% −0.20
VOO Vanguard S&P 500 ETF Reduce -1.0% 2.65% −0.20
VB Vanguard Most SM-Cap ETF-Usd Reduce -4.9% 0.82% −0.13
UNH Unitedhealth Group Inc. Reduce -20.7% 0.09% −0.13
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.7% 0.37% −0.12
FISV Fiserv Inc. Reduce -1.7% 0.22% −0.12
CIVI Civitas Resources Inc. Sold out 0.00% −0.09
LLY Eli Lilly & Co. Reduce -2.3% 0.28% −0.08
MTB M & T Bank Corp. Reduce -6.3% 0.46% −0.07
EFA iShares MSCI Eafe ETF Reduce -15.2% 0.27% −0.07
VNQ Vanguard Real Estate ETF Reduce -39.3% 0.07% −0.07
MRK Merck & Co. Inc. Reduce -3.5% 0.16% −0.06
CHD Church & Dwight Co. Inc. Reduce -1.2% 0.15% −0.05
AVT Avnet Inc. Sold out 0.00% −0.05
LEN Lennar Corp. Class A Reduce -1.2% 0.22% −0.05
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.4% 0.58% −0.05
UNM Unum Group Reduce -0.3% 0.24% −0.05
EW Edwards Lifesciences Corp. Reduce -0.1% 0.47% −0.04
PEP Pepsico Inc. Reduce -0.8% 0.12% −0.04
FTV Fortive Corp. Sold out 0.00% −0.04
FHI Federated Hermes Inc. Sold out 0.00% −0.04
COP Conocophillips Sold out 0.00% −0.04
DSMC Distillate S/M Cash Flow ETF Sold out 0.00% −0.04
RWO State Street SPDR Dow Jones Reduce -0.1% 0.22% −0.04
SHEL Shell PLC-ADR Reduce -41.6% 0.03% −0.04
HDV iShares Core High Dividend E Sold out 0.00% −0.04
TGT Target Corp. Sold out 0.00% −0.04
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −0.04
SW Smurfit Westrock PLC Reduce -0.6% 0.15% −0.04
EEM iShares MSCI Emerging Market Reduce -1.3% 0.42% −0.03
CVX Chevron Corp. Reduce -3.2% 0.08% −0.03
BBVA Banco Bilbao Vizcaya-SP ADR Sold out 0.00% −0.03
COO The Cooper Cos Inc. Reduce -12.6% 0.05% −0.03
GOOG Alphabet Inc. Class C Reduce -0.1% 0.78% −0.03
SCZ iShares MSCI Eafe Small-Cap Reduce -3.4% 0.43% −0.03
LOW Lowe's Cos Inc. Reduce -2.2% 0.10% −0.03
MET Metlife Inc. Reduce -1.1% 0.14% −0.03
ABBV Abbvie Inc. Reduce -6.1% 0.07% −0.03
DE Deere & Co. Reduce -3.2% 0.21% −0.03
BAC Bank of America Corp. Reduce -2.8% 0.37% −0.03
AON Aon PLC Class A Reduce -12.2% 0.05% −0.02
MPC Marathon Petroleum Corp. Reduce -23.4% 0.07% −0.02
BMY Bristol-Myers Squibb Co. Reduce -0.7% 0.04% −0.02
BAX Baxter International Inc. Reduce -0.2% 0.07% −0.02
QQQ Invesco QQQ Trust Series 1 Reduce -23.6% 0.07% −0.02

Portfolio Buys Q1 2025 → Q2 2025

JMTG Mortgage-Backed Securities New 6.90% +6.90
VTV Vanguard Mrngstr Val ETF-Aui Add +75.8% 1.53% +0.53
IJS iShares S&P Small-Cap 600 Va Add +91.8% 0.78% +0.31
NVDA Nvidia Corp. Add +7.8% 0.91% +0.23
VEA Vanguard Ftse Developed ETF Add +10.7% 4.02% +0.21
SCHB Schwab US Broad Market ETF Add +118.8% 0.31% +0.16
FNV Franco-Nevada Corp. Add +498.6% 0.19% +0.16
AVUV Avantis US Small Cap Value Add +178.3% 0.26% +0.15
AVDE Avantis International Equity Add +36.6% 0.52% +0.12
UHS Universal Health Services-B New 0.10% +0.10
AVDV Avantis Intl S/C Value ETF Add +250.5% 0.12% +0.09
ORCL Oracle Corp. Add +2.1% 0.32% +0.09
NKE Nike Inc. Class B New 0.08% +0.08
DFIS Dimensional International SM Add +8.3% 1.21% +0.07
VTRS Viatris Inc. New 0.06% +0.06
KNSL Kinsale Capital Group Inc. New 0.06% +0.06
GEV GE Vernova Inc. New 0.05% +0.05
NET Cloudflare Inc. Class A New 0.05% +0.05
L Loews Corp. New 0.05% +0.05
ARW Arrow Electronics Inc. New 0.04% +0.04
GS Goldman Sachs Group Inc. New 0.04% +0.04
AXS Axis Capital Holdings Ltd. New 0.04% +0.04
AMAT Applied Materials Inc. New 0.04% +0.04
TSM Taiwan Semiconductor-SP ADR New 0.04% +0.04
BWXT BWX Technologies Inc. New 0.04% +0.04
TPR Tapestry Inc. New 0.03% +0.03
SKWD Skyward Specialty Insurance New 0.03% +0.03
INTU Intuit Inc. Add +1.4% 0.34% +0.03
ESGD iShares Trust iShares ESG Aw New 0.03% +0.03
UI Ubiquiti Inc. New 0.03% +0.03
BX Blackstone Inc. New 0.03% +0.03
NRG NRG Energy Inc. New 0.03% +0.03
PWR Quanta Services Inc. Add +9.8% 0.09% +0.03
WMT Walmart Inc. Add +14.3% 0.30% +0.02
DC Dakota Gold Corp. New 0.02% +0.02
NFLX Netflix Inc. Add +0.2% 0.12% +0.02
HPE Hewlett Packard Enterprise Add +14.2% 0.09% +0.02
INFL Horizon Kinetics Infl Benef Add +21.8% 0.30% +0.02
DFEM Dimensional Emrg MRKT Core Add +28.4% 0.11% +0.02
SGMT Sagimet Biosciences Inc. Class A Add +14.6% 0.03% +0.02
GE General Electric Add +13.8% 0.09% +0.02
ETN Eaton Corp. PLC Add +17.2% 0.07% +0.02
PM Philip Morris International Add +31.6% 0.07% +0.02
VT Vanguard Tot World STK ETF Add +14.1% 0.22% +0.01
OGN Organon & Co. New 0.01% +0.01
TT Trane Technologies PLC Add +20.2% 0.05% +0.01
SCHC Schwab Intl Small-Cap Equity Add +2.7% 0.35% +0.01
FLR Fluor Corp. Add +8.1% 0.05% +0.01
WRB WR Berkley Corp. Add +47.1% 0.05% +0.01
DHC Diversified Healthcare Trust Add +28.1% 0.03% +0.01

Notes & Other Activity Q1 2025 → Q2 2025

CERENCE INC (CRNC 1.5 07/01/28) NOTE 1.500% 7/0 · principal New 100,000 $77K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 257$808.8MDSTL, VTI, STIP, VBR, VEA
Q1 2026 263$742.9MDSTL, VTI, STIP, VBR, VXUS
Q4 2025 262$750.9MDSTL, VTI, STIP, VBR, VXUS
Q3 2025 257$724.4MDSTL, VTI, STIP, VBR, JMTG
Q2 2025Amended 243$672.0MDSTL, VTI, JMTG, VBR, STIP
Q1 2025 232$570.6MDSTL, VTI, VBR, STIP, VXUS
Q4 2024 220$568.4MDSTL, VTI, VBR, STIP, VXUS
Q3 2024 215$559.3MDSTL, VTI, VBR, VXUS, STIP
Q2 2024 214$515.3MDSTL, VTI, VBR, VXUS, AMZN
Q1 2024 204$511.4MDSTL, VTI, VBR, VXUS, AMZN