Acropolis Investment Management, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 17, 2024), Acropolis Investment Management, LLC reported 286 stock positions worth $1.5 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 16.5% of the portfolio, followed by Vanguard Total Bond Market (BND, 8.9%) and Vanguard Ftse Developed ETF (VEA, 8.1%). Compared with Q4 2023, it opened 10 new positions, sold out of 7, added to 72 and reduced 130. The biggest buy was iShares US Smallcap Equity F (SMLF, shares +7%) and the biggest sale Apple (AAPL, shares −3%).

Most Recent 13F
Q2 2026
Location
ST. LOUIS, MO
CIK
0001318601
Portfolio Value
$1.5B (Q1 2024)
SEC Filing
0001104659-24-048085 ↗ filed Apr 17, 2024

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $1.5B $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 Q2 2026

Holdings 286 stocks · $1.5B

VOO Vanguard S&P 500 ETF 16.46% 523,245 $251.5M Reduce -2.4%
BND Vanguard Total Bond Market 8.85% 1,862,546 $135.3M Add +5.2%
VEA Vanguard Ftse Developed ETF 8.15% 2,482,005 $124.5M Add +1.9%
IJR iShares Core S&P Small-Cap E 6.41% 886,659 $98.0M Add +0.7%
IJH iShares Core S&P Midcap ETF 6.05% 1,521,623 $92.4M Reduce -0.1%
VGSH Vanguard Short-Term Treasury 5.87% 1,544,784 $89.7M Add +9.1%
VMBS Vanguard Mortgage-Backed Sec 4.21% 1,409,725 $64.3M Add +4.3%
IGIB iShares 5-10Y Inv Grade Corp. 4.03% 1,194,160 $61.6M Add +4.8%
SMLF iShares US Smallcap Equity F 2.95% 708,445 $45.0M Add +6.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 2.55% 162,268 $38.9M Reduce -4.5%
VWO Vanguard Ftse Emerging Marke 2.36% 865,060 $36.1M Add +4.0%
IEFA iShares Core MSCI Eafe ETF 1.94% 400,005 $29.7M Reduce -2.5%
IGSB iShares 1-5Y Inv Grade Corp. 1.43% 425,961 $21.8M Add +10.6%
MTUM iShares MSCI USA Momentum Fa 1.41% 114,699 $21.5M Add +0.9%
IMTM iShares MSCI Intl Momentum F 1.38% 535,647 $21.0M Reduce -0.5%
DFLV Dim US Large Cap Value ETF 1.18% 599,730 $18.0M Add +9.6%
IVV iShares Core S&P 500 ETF 1.02% 29,739 $15.6M Reduce -3.9%
DFIV Dimensional International Va 0.96% 400,646 $14.7M Add +4.5%
VB Vanguard Most SM-Cap ETF-Usd 0.92% 61,669 $14.1M Reduce -2.7%
AAPL Apple Inc. 0.92% 81,549 $14.0M Reduce -2.7%
IVW iShares S&P 500 Growth ETF 0.86% 156,040 $13.2M Reduce -1.1%
AVUS Avantis U.S. Equity ETF 0.84% 142,840 $12.8M Add +1.1%
LRGF iShares US Equity Factor ETF 0.75% 211,709 $11.4M Add +8.2%
IVE iShares S&P 500 Value ETF 0.65% 53,464 $10.0M Reduce -1.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.58% 35,489 $8.9M Reduce -5.6%
VUG Vanguard Mrngstar GR ETF-Sui 0.53% 23,634 $8.1M Add +9.1%
MSFT Microsoft Corp. 0.49% 17,804 $7.5M Add +1.1%
BSV Vanguard Short-Term Bond ETF 0.49% 97,504 $7.5M Add +2.5%
IEMG iShares Core MSCI Emerging 0.49% 144,388 $7.5M Reduce -0.0%
INTF iShares International Equity 0.38% 195,431 $5.8M Add +13.6%
WMT Walmart Inc. 0.37% 92,892 $5.6M Reduce -1.6%
UNH Unitedhealth Group Inc. 0.36% 11,014 $5.4M Reduce -0.9%
MUB iShares National Muni Bond E 0.35% 49,790 $5.4M Reduce -0.4%
IWR iShares Russell Mid-Cap ETF 0.33% 60,197 $5.1M Reduce -2.1%
GOOGLE LLC-CL A filed as ALPHABET A 0.33% 33,482 $5.1M No change
SCHF Schwab Intl Equity ETF 0.29% 114,440 $4.5M Reduce -0.6%
IEI iShares 3-7 Year Treasury Bo 0.29% 37,631 $4.4M Reduce -4.6%
V Visa Inc. Class A 0.26% 14,502 $4.0M Add +1.1%
BRK.B Berkshire Hathaway Inc. Class B 0.26% 9,496 $4.0M Add +0.1%
JPM JPMorgan Chase & Co. 0.25% 19,434 $3.9M Reduce -1.1%
EFA iShares MSCI Eafe ETF 0.24% 46,543 $3.7M Reduce -1.1%
SCZ iShares MSCI Eafe Small-Cap 0.24% 58,333 $3.7M Reduce -2.1%
IWD iShares Russell 1000 Value E 0.24% 20,180 $3.6M Reduce -6.1%
JNJ Johnson & Johnson 0.22% 21,447 $3.4M Reduce -0.2%
AMZN Amazon.com Inc. 0.22% 18,724 $3.4M Reduce -0.2%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.21% 12,522 $3.3M Reduce -3.2%
IWM iShares Russell 2000 ETF 0.21% 15,157 $3.2M Reduce -1.4%
XOM Exxon Mobil Corp. 0.21% 27,091 $3.1M Reduce -2.4%
XLK SS Technology Select Sector 0.20% 14,859 $3.1M Reduce -6.0%
IYW iShares Ustechnology ETF 0.20% 22,207 $3.0M Reduce -2.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.19% 5,555 $2.9M Reduce -4.5%
TRV The Travelers Cos Inc. 0.19% 12,483 $2.9M Reduce -3.6%
NVDA Nvidia Corp. 0.19% 3,171 $2.9M Reduce -11.9%
CVX Chevron Corp. 0.18% 17,348 $2.7M Add +0.6%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.15% 12,151 $2.3M Reduce -3.7%
URI United Rentals Inc. 0.15% 3,208 $2.3M Add +3.7%
VTV Vanguard Mrngstr Val ETF-Aui 0.15% 14,164 $2.3M Add +2.8%
ACN Accenture PLC Class A 0.15% 6,546 $2.3M Reduce -1.6%
ORLY O'reilly Automotive Inc. 0.15% 1,979 $2.2M Reduce -5.0%
MRK Merck & Co. Inc. 0.14% 16,644 $2.2M Add +0.1%
QCOM Qualcomm Inc. 0.14% 12,639 $2.1M Reduce -0.2%
IWB iShares Russell 1000 ETF 0.14% 7,352 $2.1M Reduce -12.3%
SNA Snap-on Inc. 0.13% 6,541 $1.9M Add +2.2%
KR Kroger Co. 0.12% 33,319 $1.9M Add +0.8%
HD Home Depot Inc. 0.12% 4,921 $1.9M Reduce -1.8%
LOW Lowe's Cos Inc. 0.12% 7,291 $1.9M Reduce -2.1%
POWERSHARES 0.12% 4,148 $1.8M Reduce -3.2%
MAS Masco Corp. 0.12% 23,287 $1.8M Add +0.6%
LMT Lockheed Martin Corp. 0.12% 3,961 $1.8M Reduce -1.7%
AGG iShares Core U.S. Aggregate 0.12% 18,312 $1.8M Reduce -2.7%
OMC Omnicom Group 0.12% 18,416 $1.8M Reduce -0.3%
MS Morgan Stanley 0.11% 18,415 $1.7M Add +1.7%
CDW CDW Corp. 0.11% 6,748 $1.7M Add +4.2%
DFCF Dimensional Core Fixed Inc. 0.11% 40,997 $1.7M Add +7.0%
IWF iShares Russell 1000 Growth 0.11% 5,042 $1.7M Reduce -5.2%
CMCSA Comcast Corp. Class A 0.10% 36,450 $1.6M Add +2.9%
PEP Pepsico Inc. 0.09% 8,280 $1.4M Reduce -4.7%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.09% 9,158 $1.4M Add +0.3%
ESGU iShares ESG Aware MSCI USA 0.09% 12,322 $1.4M Reduce -1.0%
MA Mastercard Inc. Class A 0.09% 2,927 $1.4M Reduce -0.0%
ELV Elevance Health Inc. 0.09% 2,654 $1.4M Reduce -5.3%
DE Deere & Co. 0.09% 3,325 $1.4M Reduce -4.2%
VZ Verizon Communications Inc. 0.09% 32,510 $1.4M Add +6.0%
TGT Target Corp. 0.09% 7,588 $1.3M Add +4.4%
KMB Kimberly-Clark Corp. 0.09% 10,042 $1.3M Add +7.0%
XLE SS Energy Select Sector 0.08% 13,555 $1.3M Reduce -2.1%
VTI VG Morningstar TS MKT ETF-US 0.08% 4,649 $1.2M Reduce -7.2%
LYB Lyondellbasell Indu Class A 0.08% 11,765 $1.2M Add +7.7%
IBB iShares Biotechnology ETF 0.08% 8,485 $1.2M Reduce -5.7%
BMY Bristol-Myers Squibb Co. 0.08% 21,161 $1.1M Add +7.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 11,155 $1.1M Reduce -10.3%
HCA HCA Healthcare Inc. 0.07% 3,303 $1.1M Add +8.6%
VNQ Vanguard Real Estate ETF 0.07% 12,402 $1.1M Reduce -26.2%
EBAY eBay Inc. 0.07% 20,079 $1.1M Add +7.8%
ABBV Abbvie Inc. 0.07% 5,563 $1.0M Reduce -0.0%
INTC Intel Corp. 0.06% 22,432 $991K Reduce -7.8%
TSCO Tractor Supply Company 0.06% 3,664 $959K Add +9.7%
SHY iShares 1-3 Year Treasury Bo 0.06% 11,690 $956K No change
IJT iShares S&P Small-Cap 600 GR 0.06% 7,308 $955K Add +0.0%
BKNG Booking Holdings Inc. 0.06% 262 $951K Add +17.5%

Show all 286 holdings

Portfolio Sells Q4 2023 → Q1 2024

AAPL Apple Inc. Reduce -2.7% 0.92% −0.22
IEFA iShares Core MSCI Eafe ETF Reduce -2.5% 1.94% −0.07
UNH Unitedhealth Group Inc. Reduce -0.9% 0.36% −0.05
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -4.5% 2.55% −0.04
IEI iShares 3-7 Year Treasury Bo Reduce -4.6% 0.29% −0.04
VNQ Vanguard Real Estate ETF Reduce -26.2% 0.07% −0.03
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -5.6% 0.58% −0.03
MUB iShares National Muni Bond E Reduce -0.4% 0.35% −0.03
BA The Boeing Co. Reduce -9.6% 0.04% −0.03
IEMG iShares Core MSCI Emerging Reduce -0.0% 0.49% −0.02
INTC Intel Corp. Reduce -7.8% 0.06% −0.02
VB Vanguard Most SM-Cap ETF-Usd Reduce -2.7% 0.92% −0.02
ICF iShares Select U.S. REIT ETF Reduce -41.2% 0.02% −0.02
TSLA Tesla Inc. Reduce -5.2% 0.03% −0.02
ROK Rockwell Automation Inc. Reduce -13.3% 0.05% −0.02
SCZ iShares MSCI Eafe Small-Cap Reduce -2.1% 0.24% −0.02
IWB iShares Russell 1000 ETF Reduce -12.3% 0.14% −0.01
ACN Accenture PLC Class A Reduce -1.6% 0.15% −0.01
DFAT Dimensional US Target Value Sold out 0.00% −0.01
AGG iShares Core U.S. Aggregate Reduce -2.7% 0.12% −0.01
DFAS Dimensional US Small Cap ETF Sold out 0.00% −0.01
JNJ Johnson & Johnson Reduce -0.2% 0.22% −0.01
DFUS Dimensional US Eq MKT ETF Reduce -58.1% 0.01% −0.01
HUM Humana Inc. Sold out 0.00% −0.01
IWD iShares Russell 1000 Value E Reduce -6.1% 0.24% −0.01
DGX Quest Diagnostics Inc. Reduce -12.6% 0.04% −0.01
XLK SS Technology Select Sector Reduce -6.0% 0.20% −0.01
LMT Lockheed Martin Corp. Reduce -1.7% 0.12% −0.01
IBB iShares Biotechnology ETF Reduce -5.7% 0.08% −0.01
CL Colgate-Palmolive Co. Sold out 0.00% −0.01
PEP Pepsico Inc. Reduce -4.7% 0.09% −0.01
AEE Ameren Corporation Reduce -24.1% 0.02% −0.01
FITB Fifth Third Bancorp Sold out 0.00% −0.01
XSVM Invesco S&P Smallcap Value W Sold out 0.00% −0.01
DE Deere & Co. Reduce -4.2% 0.09% −0.01
IVV iShares Core S&P 500 ETF Reduce -3.9% 1.02% −0.01
TJX TJX Companies Inc. Reduce -10.3% 0.07% −0.01
CONSOLIDATED COMM HLDGS INC Sold out 0.00% −0.01
MMM 3M Co. Reduce -1.3% 0.06% −0.01
NKE Nike Inc. Class B Reduce -8.7% 0.02% −0.01
EMR Emerson Electric Co. Reduce -21.4% 0.04% −0.01
IWM iShares Russell 2000 ETF Reduce -1.4% 0.21% −0.01
PG The Procter & Gamble Co. Reduce -14.8% 0.05% −0.01
POST Post Holdings Inc. Reduce -52.1% 0.01% −0.01
MBB iShares MBS ETF Reduce -1.5% 0.05% −0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -3.7% 0.15% −0.01
T AT&T Inc. Reduce -25.9% 0.01% −0.01
VIG Vanguard Dividend Apprec ETF Reduce -21.7% 0.02% −0.01
EXC Exelon Corp. Reduce -22.6% 0.02% −0.00
BG Bunge Ltd. Reduce -18.1% 0.02% −0.00

Portfolio Buys Q4 2023 → Q1 2024

SMLF iShares US Smallcap Equity F Add +6.9% 2.95% +0.20
MTUM iShares MSCI USA Momentum Fa Add +0.9% 1.41% +0.16
DFLV Dim US Large Cap Value ETF Add +9.6% 1.18% +0.15
VGSH Vanguard Short-Term Treasury Add +9.1% 5.87% +0.11
LRGF iShares US Equity Factor ETF Add +8.2% 0.75% +0.09
VUG Vanguard Mrngstar GR ETF-Sui Add +9.1% 0.53% +0.06
IGSB iShares 1-5Y Inv Grade Corp. Add +10.6% 1.43% +0.05
DFIV Dimensional International Va Add +4.5% 0.96% +0.05
INTF iShares International Equity Add +13.6% 0.38% +0.05
AVUS Avantis U.S. Equity ETF Add +1.1% 0.84% +0.03
MSFT Microsoft Corp. Add +1.1% 0.49% +0.03
URI United Rentals Inc. Add +3.7% 0.15% +0.03
BRK.B Berkshire Hathaway Inc. Class B Add +0.1% 0.26% +0.03
KR Kroger Co. Add +0.8% 0.12% +0.02
MRK Merck & Co. Inc. Add +0.1% 0.14% +0.02
TGT Target Corp. Add +4.4% 0.09% +0.02
HCA HCA Healthcare Inc. Add +8.6% 0.07% +0.01
VEA Vanguard Ftse Developed ETF Add +1.9% 8.15% +0.01
GPC Genuine Parts Co. Add +27.9% 0.05% +0.01
EBAY eBay Inc. Add +7.8% 0.07% +0.01
TSCO Tractor Supply Company Add +9.7% 0.06% +0.01
MAS Masco Corp. Add +0.6% 0.12% +0.01
DG Dollar General Corp. Add +20.4% 0.04% +0.01
META Meta Platforms Inc. Class A Add +1.0% 0.04% +0.01
WM Waste Management Inc. New 0.01% +0.01
ETR Entergy Corp. Add +25.3% 0.05% +0.01
CDW CDW Corp. Add +4.2% 0.11% +0.01
VZ Verizon Communications Inc. Add +6.0% 0.09% +0.01
EMGF iShares Emerging Markets Equ New 0.01% +0.01
VTV Vanguard Mrngstr Val ETF-Aui Add +2.8% 0.15% +0.01
WCN Waste Connections Inc. New 0.01% +0.01
BKNG Booking Holdings Inc. Add +17.5% 0.06% +0.01
C Citigroup Inc. New 0.01% +0.01
XLC SS Comm Select Sector SPDR New 0.01% +0.01
VST Vistra Corp. New 0.01% +0.01
SUSC iShares ESG Aware Usd Corpor New 0.01% +0.01
WMB Williams Cos Inc. New 0.01% +0.01
AMAT Applied Materials Inc. Add +0.9% 0.04% +0.01
SO The Southern Co. New 0.01% +0.01
VHT Vanguard Health Care ETF New 0.01% +0.01
KMB Kimberly-Clark Corp. Add +7.0% 0.09% +0.01
EOG EOG Resources Inc. Add +20.6% 0.04% +0.01
LYB Lyondellbasell Indu Class A Add +7.7% 0.08% +0.01
AMD Advanced Micro Devices Add +24.4% 0.02% +0.01
TT Trane Technologies PLC Add +1.1% 0.03% +0.01
BMY Bristol-Myers Squibb Co. Add +7.4% 0.08% +0.00
V Visa Inc. Class A Add +1.1% 0.26% +0.00
PSX Phillips 66 Add +5.8% 0.02% +0.00
COST Costco Wholesale Corp. Add +5.6% 0.05% +0.00
EA Electronic Arts Inc. Add +16.0% 0.05% +0.00

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