Acropolis Investment Management, LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 16, 2026), Acropolis Investment Management, LLC reported 384 stock positions worth $2.5 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 15.4% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 7.8%) and Dimensional Core Fixed (DFCF, 6.8%). Compared with Q1 2026, it opened 15 new positions, sold out of 15, added to 95 and reduced 161. The biggest buy was Vanguard Intermediate-Term T (VGIT, shares +28%) and the biggest sale Vanguard Total Bond Market (BND, shares −19%).

Most Recent 13F
Q2 2026
Location
ST. LOUIS, MO
CIK
0001318601
Portfolio Value
$2.5B (Q2 2026)
SEC Filing
0001104659-26-084254 ↗ filed Jul 16, 2026

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $1.5B Q1 2024 Q2 2024: $1.6B Q2 2024 Q3 2024: $1.7B Q3 2024 Q4 2024: $1.7B Q4 2024 Q1 2025: $1.7B Q1 2025 Q2 2025: $1.8B Q2 2025 Q3 2025: $2.0B Q3 2025 Q4 2025: $2.2B Q4 2025 Q1 2026: $2.3B Q1 2026 Q2 2026: $2.5B $2.5B Q2 2026

Holdings 384 stocks · $2.5B

VOO Vanguard S&P 500 ETF 15.41% 568,773 $390.6M Reduce -0.3%
VEA Vanguard Ftse Developed ETF 7.80% 2,774,023 $197.6M Reduce -0.3%
DFCF Dimensional Core Fixed Inc. 6.77% 4,065,684 $171.6M Add +17.1%
VGIT Vanguard Intermediate-Term T 6.41% 2,756,549 $162.6M Add +27.5%
IJR iShares Core S&P Small-Cap E 5.76% 984,802 $146.1M Reduce -1.5%
IJH iShares Core S&P Midcap ETF 5.26% 1,727,863 $133.2M Add +0.4%
IGIB iShares 5-10Y Inv Grade Corp. 4.71% 2,247,726 $119.5M Add +7.1%
JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F 4.16% 2,081,437 $105.5M Add +20.6%
SMLF iShares US Smallcap Equity F 3.46% 982,634 $87.6M Add +0.4%
VWO Vanguard Ftse Emerging Marke 2.39% 1,015,754 $60.6M Reduce -0.3%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 2.24% 165,136 $56.8M Reduce -2.0%
MTUM iShares MSCI USA Momentum Fa 1.86% 137,797 $47.2M Reduce -2.9%
BND Vanguard Total Bond Market 1.84% 636,090 $46.7M Reduce -19.5%
IEFA iShares Core MSCI Eafe ETF 1.64% 429,200 $41.5M Reduce -4.5%
DFLV Dim US Large Cap Value ETF 1.43% 918,156 $36.3M Add +1.3%
IMTM iShares MSCI Intl Momentum F 1.35% 640,207 $34.1M Add +1.1%
DFIV Dimensional International Va 1.09% 509,898 $27.5M Add +0.3%
LRGF iShares US Equity Factor ETF 1.07% 358,709 $27.1M Add +0.3%
AAPL Apple Inc. 0.99% 86,574 $25.1M Reduce -2.7%
VCRB Vanguard Core Bond ETF 0.91% 298,167 $23.0M Add +2.9%
VGSH Vanguard Short-Term Treasury 0.86% 373,265 $21.7M Reduce -34.9%
AVUS Avantis U.S. Equity ETF 0.85% 167,951 $21.5M Reduce -0.0%
IVW iShares S&P 500 Growth ETF 0.81% 148,868 $20.5M Reduce -3.4%
VMBS Vanguard Mortgage-Backed Sec 0.80% 431,704 $20.2M Reduce -19.4%
IVV iShares Core S&P 500 ETF 0.79% 26,803 $20.1M Reduce -2.9%
VB Vanguard Most SM-Cap ETF-Usd 0.78% 64,981 $19.7M Reduce -3.3%
INTF iShares International Equity 0.58% 358,978 $14.7M Reduce -1.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.58% 182,231 $14.7M Reduce -1.1%
MSFT Microsoft Corp. 0.56% 38,008 $14.2M Reduce -8.0%
IEMG iShares Core MSCI Emerging 0.51% 154,982 $12.8M Add +2.3%
IVE iShares S&P 500 Value ETF 0.47% 52,178 $11.8M Reduce -3.2%
WMT Walmart Inc. 0.45% 101,087 $11.4M Reduce -1.9%
GOOGL Alphabet Inc. Class A 0.45% 31,998 $11.4M Add +0.6%
VUG Vanguard Mrngstar GR ETF-Sui 0.42% 122,866 $10.6M Reduce -0.3%
NVDA Nvidia Corp. 0.39% 49,115 $9.8M Reduce -10.0%
PG The Procter & Gamble Co. 0.38% 65,959 $9.7M Reduce -0.1%
MUB iShares National Muni Bond E 0.32% 74,238 $8.0M Add +0.0%
AMZN Amazon.com Inc. 0.29% 30,455 $7.3M Add +4.5%
BRK.B Berkshire Hathaway Inc. Class B 0.27% 13,839 $6.9M Reduce -1.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.26% 8,939 $6.7M Reduce -1.3%
JPM JPMorgan Chase & Co. 0.26% 20,265 $6.6M Reduce -0.1%
VCIT Vanguard Int-Term Corporate 0.26% 78,750 $6.5M Add +5.5%
IEF iShares 7-10 Year Treasury B 0.26% 68,522 $6.5M Reduce -7.9%
SCHF Schwab Intl Equity ETF 0.25% 230,172 $6.4M Reduce -0.6%
VTV Vanguard Mrngstr Val ETF-Aui 0.24% 27,860 $6.1M Add +9.3%
IWR iShares Russell Mid-Cap ETF 0.23% 52,811 $5.8M Reduce -2.5%
IWM iShares Russell 2000 ETF 0.21% 17,963 $5.4M Reduce -5.2%
IEI iShares 3-7 Year Treasury Bo 0.20% 43,597 $5.1M Add +34.4%
JNJ Johnson & Johnson 0.20% 20,115 $5.1M Reduce -1.5%
XLK SS Technology Select Sector 0.20% 26,366 $5.0M Reduce -6.5%
SXT Sensient Technologies Corp. 0.19% 39,741 $4.9M Add +21.1%
IYW iShares Ustechnology ETF 0.19% 19,300 $4.9M Reduce -2.4%
V Visa Inc. Class A 0.19% 13,756 $4.7M Reduce -4.5%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.19% 12,828 $4.7M Add +2.9%
VTI VG Morningstar TS MKT ETF-US 0.18% 12,523 $4.6M Reduce -2.4%
IWD iShares Russell 1000 Value E 0.18% 18,811 $4.6M Reduce -0.6%
MU Micron Technology Inc. 0.18% 3,924 $4.5M Reduce -22.4%
UNH Unitedhealth Group Inc. 0.18% 10,706 $4.4M Reduce -3.9%
EFA iShares MSCI Eafe ETF 0.16% 38,331 $4.0M Reduce -6.0%
XOM Exxon Mobil Corp. 0.15% 27,189 $3.7M Reduce -10.9%
MS Morgan Stanley 0.15% 17,770 $3.7M Reduce -3.6%
AVSC Avantis US Small Cap Equity 0.14% 49,245 $3.6M Add +7.7%
TRV The Travelers Cos Inc. 0.14% 10,773 $3.6M Reduce -6.7%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.14% 14,278 $3.5M Add +4.6%
IWB iShares Russell 1000 ETF 0.12% 7,558 $3.1M No change
BSV Vanguard Short-Term Bond ETF 0.11% 36,330 $2.8M Add +1.7%
CAT Caterpillar Inc. 0.11% 2,639 $2.8M Add +1.8%
SCZ iShares MSCI Eafe Small-Cap 0.11% 33,125 $2.7M Reduce -7.9%
CVX Chevron Corp. 0.11% 16,397 $2.7M Reduce -4.6%
URI United Rentals Inc. 0.10% 2,314 $2.6M Reduce -2.4%
AMAT Applied Materials Inc. 0.10% 3,479 $2.5M Reduce -6.8%
IWF iShares Russell 1000 Growth 0.10% 20,196 $2.5M No change
DE Deere & Co. 0.10% 3,844 $2.4M No change
LLY Eli Lilly & Co. 0.10% 2,014 $2.4M Add +3.1%
LMT Lockheed Martin Corp. 0.09% 4,676 $2.4M Reduce -0.5%
QQQ Invesco QQQ Trust Series 1 0.09% 3,223 $2.4M Reduce -25.2%
SNA Snap-on Inc. 0.09% 5,750 $2.3M Reduce -4.8%
TSM Taiwan Semiconductor-SP ADR 0.09% 4,700 $2.2M Reduce -3.5%
ESGU iShares ESG Aware MSCI USA 0.09% 13,510 $2.2M Reduce -0.4%
EFSC Enterprise Financial Service 0.08% 31,105 $2.0M No change
GOOG Alphabet Inc. Class C 0.08% 5,744 $2.0M Add +9.3%
AXP American Express Co. 0.07% 5,522 $1.9M Add +1.5%
XLE SS Energy Select Sector 0.07% 34,944 $1.9M Add +9.9%
GRID First TRST Nasd Class Edg Sgiif 0.07% 9,587 $1.8M Add +4.1%
AIQ Global X Art Intel & Tech 0.07% 27,676 $1.8M Add +10.0%
ESGD iShares Trust iShares ESG Aw 0.07% 17,563 $1.8M Reduce -0.3%
JBND JPMorgan Active Bond ETF 0.07% 33,600 $1.8M New
JMBS Janus Henderson Mortg Backed 0.07% 39,679 $1.8M Reduce -1.9%
ABBV Abbvie Inc. 0.07% 7,039 $1.8M Add +0.7%
MRK Merck & Co. Inc. 0.07% 13,768 $1.8M Reduce -6.0%
ETR Entergy Corp. 0.07% 15,380 $1.8M Reduce -4.5%
CMI Cummins Inc. 0.07% 2,440 $1.7M Reduce -2.7%
COST Costco Wholesale Corp. 0.07% 1,826 $1.7M Add +0.1%
TSLA Tesla Inc. 0.07% 4,044 $1.7M Reduce -0.5%
HD Home Depot Inc. 0.07% 4,790 $1.7M Add +1.5%
KR Kroger Co. 0.07% 30,073 $1.7M Reduce -11.1%
HCA HCA Healthcare Inc. 0.06% 4,176 $1.6M Reduce -8.5%
AVLV Avantis US Large Cap Value 0.06% 17,545 $1.6M Reduce -0.1%
ORLY O'reilly Automotive Inc. 0.06% 17,371 $1.6M Reduce -18.8%
RTX RTX Corp. 0.06% 8,412 $1.6M Reduce -1.2%

Show all 384 holdings

Portfolio Sells Q1 2026 → Q2 2026

BND Vanguard Total Bond Market Reduce -19.5% 1.84% −0.73
VGSH Vanguard Short-Term Treasury Reduce -34.9% 0.86% −0.63
VMBS Vanguard Mortgage-Backed Sec Reduce -19.4% 0.80% −0.31
IEFA iShares Core MSCI Eafe ETF Reduce -4.5% 1.64% −0.16
MSFT Microsoft Corp. Reduce -8.0% 0.56% −0.12
WMT Walmart Inc. Reduce -1.9% 0.45% −0.11
VEA Vanguard Ftse Developed ETF Reduce -0.3% 7.80% −0.09
XOM Exxon Mobil Corp. Reduce -10.9% 0.15% −0.08
IEF iShares 7-10 Year Treasury B Reduce -7.9% 0.26% −0.06
CVX Chevron Corp. Reduce -4.6% 0.11% −0.05
INTF iShares International Equity Reduce -1.2% 0.58% −0.05
VWO Vanguard Ftse Emerging Marke Reduce -0.3% 2.39% −0.04
KR Kroger Co. Reduce -11.1% 0.07% −0.04
PG The Procter & Gamble Co. Reduce -0.1% 0.38% −0.04
IVE iShares S&P 500 Value ETF Reduce -3.2% 0.47% −0.04
NVDA Nvidia Corp. Reduce -10.0% 0.39% −0.03
LMT Lockheed Martin Corp. Reduce -0.5% 0.09% −0.03
HCA HCA Healthcare Inc. Reduce -8.5% 0.06% −0.03
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.7% 0.27% −0.02
ORLY O'reilly Automotive Inc. Reduce -18.8% 0.06% −0.02
ACN Accenture PLC Class A Reduce -26.3% 0.02% −0.02
JNJ Johnson & Johnson Reduce -1.5% 0.20% −0.02
VZ Verizon Communications Inc. Reduce -9.8% 0.04% −0.02
EFA iShares MSCI Eafe ETF Reduce -6.0% 0.16% −0.02
LOW Lowe's Cos Inc. Reduce -6.9% 0.06% −0.02
SCZ iShares MSCI Eafe Small-Cap Reduce -7.9% 0.11% −0.02
QQQ Invesco QQQ Trust Series 1 Reduce -25.2% 0.09% −0.02
PLTR Palantir Technologies Inc. Class A Reduce -21.3% 0.02% −0.02
BMY Bristol-Myers Squibb Co. Reduce -13.2% 0.04% −0.01
PEP Pepsico Inc. Reduce -4.2% 0.04% −0.01
OMC Omnicom Group Reduce -22.9% 0.02% −0.01
EA Electronic Arts Inc. Reduce -10.4% 0.05% −0.01
NFLX Netflix Inc. Reduce -17.5% 0.01% −0.01
TJX TJX Companies Inc. Reduce -2.0% 0.05% −0.01
NOC Northrop Grumman Corp. Reduce -1.5% 0.02% −0.01
JMBS Janus Henderson Mortg Backed Reduce -1.9% 0.07% −0.01
ETR Entergy Corp. Reduce -4.5% 0.07% −0.01
AAPL Apple Inc. Reduce -2.7% 0.99% −0.01
ABT Abbott Laboratories Reduce -6.7% 0.03% −0.01
DHI D.R. Horton Inc. Sold out 0.00% −0.01
RTX RTX Corp. Reduce -1.2% 0.06% −0.01
MCD McDonald's Corp. Reduce -2.3% 0.03% −0.01
TSCO Tractor Supply Company Sold out 0.00% −0.01
TRV The Travelers Cos Inc. Reduce -6.7% 0.14% −0.01
MBB iShares MBS ETF Reduce -59.3% 0.00% −0.01
MRK Merck & Co. Inc. Reduce -6.0% 0.07% −0.01
VEU Vanguard Ftse All-World Ex-U Reduce -35.2% 0.01% −0.01
CMCSA Comcast Corp. Class A Reduce -5.6% 0.02% −0.01
GPC Genuine Parts Co. Reduce -30.0% 0.02% −0.01
DIA SS SPDR Dow Jones Indus Avg Reduce -14.1% 0.05% −0.01

Portfolio Buys Q1 2026 → Q2 2026

VGIT Vanguard Intermediate-Term T Add +27.5% 6.41% +0.72
DFCF Dimensional Core Fixed Inc. Add +17.1% 6.77% +0.29
JMTG Mortgage-Backed Securities Add +20.6% 4.16% +0.27
SMLF iShares US Smallcap Equity F Add +0.4% 3.46% +0.19
IJH iShares Core S&P Midcap ETF Add +0.4% 5.26% +0.12
JBND JPMorgan Active Bond ETF New 0.07% +0.07
SXT Sensient Technologies Corp. Add +21.1% 0.19% +0.07
GOOGL Alphabet Inc. Class A Add +0.6% 0.45% +0.05
IEMG iShares Core MSCI Emerging Add +2.3% 0.51% +0.04
IDEV iShares Core MSCI Dev MKTS New 0.04% +0.04
IEI iShares 3-7 Year Treasury Bo Add +34.4% 0.20% +0.03
CAT Caterpillar Inc. Add +1.8% 0.11% +0.03
VGT Vanguard Info Tech ETF Add +64.8% 0.06% +0.03
T AT&T Inc. Add +200.9% 0.06% +0.03
LRGF iShares US Equity Factor ETF Add +0.3% 1.07% +0.03
INTC Intel Corp. Add +2.1% 0.03% +0.02
AIQ Global X Art Intel & Tech Add +10.0% 0.07% +0.02
VTV Vanguard Mrngstr Val ETF-Aui Add +9.3% 0.24% +0.02
VBK Van Morst SML-Cap Gro-Usd Inc. Add +2.9% 0.19% +0.02
AMZN Amazon.com Inc. Add +4.5% 0.29% +0.02
AVSC Avantis US Small Cap Equity Add +7.7% 0.14% +0.02
LLY Eli Lilly & Co. Add +3.1% 0.10% +0.02
GOOG Alphabet Inc. Class C Add +9.3% 0.08% +0.01
SNDK Sandisk Corp. Add +9.8% 0.02% +0.01
AVGO Broadcom Inc. Add +15.3% 0.05% +0.01
EAGG iShares ESG Aware US Aggrega Add +45.8% 0.04% +0.01
BOTZ Global X Robotics & Artifici Add +10.3% 0.06% +0.01
TXN Texas Instruments Inc. Add +7.7% 0.02% +0.01
GRID First TRST Nasd Class Edg Sgiif Add +4.1% 0.07% +0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Add +4.6% 0.14% +0.01
POWL Powell Industries Inc. Add +3.2% 0.02% +0.01
BLK BlackRock Inc. New 0.01% +0.01
SPYM Ste STR SPDR PT S&P 500 ETF Add +16.4% 0.03% +0.01
QBTS D-Wave Quantum Inc. New 0.00% +0.00
HPE Hewlett Packard Enterprise New 0.00% +0.00
VXUS Vanguard Total Intl Stock New 0.00% +0.00
VYMI Vanguard Int High DVD YLD Inc. New 0.00% +0.00
HWM Howmet Aerospace Inc. New 0.00% +0.00
IWS iShares Russell Mid-Cap Valu New 0.00% +0.00
WTFC Wintrust Financial Corp. New 0.00% +0.00
EW Edwards Lifesciences Corp. New 0.00% +0.00
CP Canadian Pacific Kansas City New 0.00% +0.00
MCO Moody's Corp. New 0.00% +0.00
VIS Vanguard Industrials ETF New 0.00% +0.00
WELL Welltower Inc. New 0.00% +0.00
IUSG iShares Core S&P U.S. Growth Add +30.1% 0.01% +0.00
IMTM iShares MSCI Intl Momentum F Add +1.1% 1.35% +0.00
ABBV Abbvie Inc. Add +0.7% 0.07% +0.00
GWW WW Grainger Inc. Add +5.2% 0.02% +0.00
PPA Invesco Aerospace & Defense Add +9.4% 0.06% +0.00

Notes & Other Activity Q1 2026 → Q2 2026

GABELLI EQUITY TRUST-RT RIGHT 04/14/2026 Sold out 14,340 $101before exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 384$2.5BVOO, VEA, DFCF, VGIT, IJR
Q1 2026 383$2.3BVOO, VEA, DFCF, VGIT, IJR
Q4 2025 297$2.2BVOO, VEA, DFCF, IJR, IJH
Q3 2025 266$2.0BVOO, BND, VEA, VGSH, IJR
Q2 2025 245$1.8BVOO, BND, VEA, VGSH, IJR
Q1 2025 298$1.7BVOO, BND, VEA, VGSH, IJR
Q4 2024 301$1.7BVOO, BND, VEA, IJR, VGSH
Q3 2024Amended 299$1.7BVOO, BND, VEA, IJR, IJH
Q2 2024 289$1.6BVOO, BND, VEA, IJR, VGSH
Q1 2024 286$1.5BVOO, BND, VEA, IJR, IJH