Acropolis Investment Management, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 14, 2025), Acropolis Investment Management, LLC reported 245 stock positions worth $1.8 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 16.8% of the portfolio, followed by Vanguard Total Bond Market (BND, 8.7%) and Vanguard Ftse Developed ETF (VEA, 8.2%). Compared with Q1 2025, it opened 11 new positions, sold out of 64, added to 120 and reduced 87. The biggest buy was Vngrd Mrgstr LRG-Cap ETF-Usd (VV, shares +12%) and the biggest sale Unitedhealth (UNH, shares −9%).

Most Recent 13F
Q2 2026
Location
ST. LOUIS, MO
CIK
0001318601
Portfolio Value
$1.8B (Q2 2025)
SEC Filing
0001104659-25-067711 ↗ filed Jul 14, 2025

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 $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 245 stocks · $1.8B

VOO Vanguard S&P 500 ETF 16.75% 536,809 $304.9M Reduce -0.0%
BND Vanguard Total Bond Market 8.70% 2,150,144 $158.3M Add +2.6%
VEA Vanguard Ftse Developed ETF 8.15% 2,603,492 $148.4M Reduce -1.0%
VGSH Vanguard Short-Term Treasury 6.07% 1,878,946 $110.4M Add +6.0%
IJR iShares Core S&P Small-Cap E 5.54% 922,025 $100.8M Add +0.4%
IGIB iShares 5-10Y Inv Grade Corp. 5.51% 1,881,074 $100.2M Add +3.9%
IJH iShares Core S&P Midcap ETF 5.36% 1,574,000 $97.6M Reduce -1.1%
VMBS Vanguard Mortgage-Backed Sec 4.22% 1,658,973 $76.9M Add +1.9%
SMLF iShares US Smallcap Equity F 3.25% 870,884 $59.2M Add +4.0%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 2.60% 166,188 $47.4M Add +11.5%
VWO Vanguard Ftse Emerging Marke 2.56% 941,557 $46.6M Add +1.3%
IEFA iShares Core MSCI Eafe ETF 1.97% 430,338 $35.9M Add +1.5%
MTUM iShares MSCI USA Momentum Fa 1.70% 128,846 $31.0M Add +1.7%
IMTM iShares MSCI Intl Momentum F 1.51% 601,479 $27.5M Add +1.0%
DFLV Dim US Large Cap Value ETF 1.29% 755,117 $23.4M Add +0.5%
DFIV Dimensional International Va 1.15% 487,005 $20.9M Add +2.9%
IVV iShares Core S&P 500 ETF 0.94% 27,665 $17.2M Reduce -1.1%
IVW iShares S&P 500 Growth ETF 0.94% 155,005 $17.1M Add +0.1%
AAPL Apple Inc. 0.89% 79,358 $16.3M Reduce -0.6%
VB Vanguard Most SM-Cap ETF-Usd 0.89% 67,990 $16.1M Add +18.3%
AVUS Avantis U.S. Equity ETF 0.87% 157,846 $15.9M Add +2.4%
LRGF iShares US Equity Factor ETF 0.81% 229,860 $14.7M Add +10.6%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.68% 44,504 $12.5M Add +40.5%
INTF iShares International Equity 0.57% 301,413 $10.3M Add +4.1%
IVE iShares S&P 500 Value ETF 0.56% 52,027 $10.2M Reduce -0.7%
MSFT Microsoft Corp. 0.54% 19,752 $9.8M Add +0.8%
VUG Vanguard Mrngstar GR ETF-Sui 0.51% 21,057 $9.2M Add +0.4%
WMT Walmart Inc. 0.50% 93,267 $9.1M Reduce -0.3%
NVDA Nvidia Corp. 0.48% 55,274 $8.7M Add +2.9%
IEMG iShares Core MSCI Emerging 0.47% 142,199 $8.5M Add +3.6%
DFCF Dimensional Core Fixed Inc. 0.46% 198,224 $8.4M Add +1.5%
MUB iShares National Muni Bond E 0.37% 65,075 $6.8M Reduce -8.2%
VCIT Vanguard Int-Term Corporate 0.34% 74,034 $6.1M Add +5.1%
JPM JPMorgan Chase & Co. 0.32% 20,153 $5.8M Add +0.2%
AMZN Amazon.com Inc. 0.31% 25,922 $5.7M Reduce -1.6%
GOOGL Alphabet Inc. Class A 0.31% 32,195 $5.7M Add +1.8%
BRK.B Berkshire Hathaway Inc. Class B 0.29% 10,950 $5.3M Add +0.1%
V Visa Inc. Class A 0.29% 14,787 $5.2M Reduce -0.0%
IWR iShares Russell Mid-Cap ETF 0.28% 56,152 $5.2M Reduce -2.5%
SCHF Schwab Intl Equity ETF 0.25% 209,296 $4.6M Reduce -6.4%
IEI iShares 3-7 Year Treasury Bo 0.24% 36,641 $4.4M Add +22.7%
VTV Vanguard Mrngstr Val ETF-Aui 0.22% 23,046 $4.1M Add +8.9%
BSV Vanguard Short-Term Bond ETF 0.21% 48,868 $3.8M Reduce -5.6%
IWD iShares Russell 1000 Value E 0.21% 19,692 $3.8M Reduce -0.4%
VGIT Vanguard Intermediate-Term T 0.21% 63,558 $3.8M Add +2.4%
EFA iShares MSCI Eafe ETF 0.21% 41,953 $3.8M Reduce -2.8%
IYW iShares Ustechnology ETF 0.20% 20,713 $3.6M Reduce -0.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.20% 5,744 $3.5M Add +4.5%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.19% 12,590 $3.5M No change
XLK SS Technology Select Sector 0.18% 13,291 $3.4M Add +0.7%
UNH Unitedhealth Group Inc. 0.18% 10,294 $3.2M Reduce -8.9%
IWM iShares Russell 2000 ETF 0.17% 14,633 $3.2M No change
JNJ Johnson & Johnson 0.17% 20,598 $3.1M Add +0.2%
TRV The Travelers Cos Inc. 0.17% 11,691 $3.1M Reduce -0.2%
XOM Exxon Mobil Corp. 0.16% 27,724 $3.0M Reduce -1.6%
IEF iShares 7-10 Year Treasury B 0.16% 30,215 $2.9M Add +4.2%
SCZ iShares MSCI Eafe Small-Cap 0.16% 39,269 $2.9M Reduce -15.0%
MS Morgan Stanley 0.14% 18,560 $2.6M Add +0.0%
IWB iShares Russell 1000 ETF 0.14% 7,558 $2.6M No change
KR Kroger Co. 0.14% 35,675 $2.6M Reduce -0.6%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.14% 12,603 $2.5M Add +1.3%
POWERSHARES 0.13% 4,348 $2.4M Add +8.6%
AVSC Avantis US Small Cap Equity 0.13% 45,745 $2.4M New
URI United Rentals Inc. 0.13% 3,131 $2.4M Add +0.7%
CVX Chevron Corp. 0.13% 15,945 $2.3M Reduce -2.6%
IWF iShares Russell 1000 Growth 0.12% 5,146 $2.2M Add +1.4%
ORLY O'reilly Automotive Inc. 0.11% 23,052 $2.1M Reduce -1.5%
JMBS Janus Henderson Mortg Backed 0.11% 43,955 $2.0M Reduce -8.0%
SNA Snap-on Inc. 0.11% 6,347 $2.0M Reduce -1.7%
VTI VG Morningstar TS MKT ETF-US 0.11% 6,487 $2.0M Reduce -0.7%
LMT Lockheed Martin Corp. 0.10% 3,952 $1.8M Add +4.3%
HCA HCA Healthcare Inc. 0.10% 4,657 $1.8M Add +1.7%
AVLV Avantis US Large Cap Value 0.10% 25,999 $1.8M Add +171.0%
LOW Lowe's Cos Inc. 0.09% 7,781 $1.7M Reduce -2.8%
ACN Accenture PLC Class A 0.09% 5,683 $1.7M Reduce -2.9%
EBAY eBay Inc. 0.09% 22,666 $1.7M Add +0.1%
MA Mastercard Inc. Class A 0.09% 2,996 $1.7M Add +1.1%
HD Home Depot Inc. 0.09% 4,553 $1.7M Reduce -1.4%
DE Deere & Co. 0.09% 3,269 $1.7M Add +0.1%
ESGU iShares ESG Aware MSCI USA 0.09% 12,220 $1.7M Add +4.1%
AGG iShares Core U.S. Aggregate 0.08% 15,559 $1.5M Reduce -4.0%
VZ Verizon Communications Inc. 0.08% 35,567 $1.5M Add +1.9%
KMB Kimberly-Clark Corp. 0.08% 11,242 $1.4M Reduce -3.0%
LLY Eli Lilly & Co. 0.08% 1,836 $1.4M Add +2.9%
MAS Masco Corp. 0.08% 22,174 $1.4M Reduce -9.4%
ETR Entergy Corp. 0.08% 17,168 $1.4M Reduce -4.4%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.08% 8,400 $1.4M No change
EA Electronic Arts Inc. 0.07% 7,937 $1.3M Reduce -2.0%
BMY Bristol-Myers Squibb Co. 0.07% 26,462 $1.2M Reduce -26.1%
MRK Merck & Co. Inc. 0.07% 15,043 $1.2M Reduce -9.4%
COST Costco Wholesale Corp. 0.07% 1,195 $1.2M Add +1.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.06% 9,507 $1.2M Reduce -1.1%
TSLA Tesla Inc. 0.06% 3,614 $1.1M Add +24.0%
ESGD iShares Trust iShares ESG Aw 0.06% 12,483 $1.1M Add +1.2%
XLE SS Energy Select Sector 0.06% 12,765 $1.1M Add +0.1%
OMC Omnicom Group 0.06% 14,995 $1.1M Reduce -7.7%
META Meta Platforms Inc. Class A 0.06% 1,403 $1.0M Add +10.4%
AMAT Applied Materials Inc. 0.06% 5,621 $1.0M Add +9.6%
QCOM Qualcomm Inc. 0.05% 6,201 $988K Reduce -7.7%
IJT iShares S&P Small-Cap 600 GR 0.05% 7,313 $973K Add +0.1%

Show all 245 holdings

Portfolio Sells Q1 2025 → Q2 2025

UNH Unitedhealth Group Inc. Reduce -8.9% 0.18% −0.17
AAPL Apple Inc. Reduce -0.6% 0.89% −0.16
IJH iShares Core S&P Midcap ETF Reduce -1.1% 5.36% −0.15
MUB iShares National Muni Bond E Reduce -8.2% 0.37% −0.07
BMY Bristol-Myers Squibb Co. Reduce -26.1% 0.07% −0.06
LQD Ishr Ibx Usd Invgd CB ETF-Ui Sold out 0.00% −0.06
CVX Chevron Corp. Reduce -2.6% 0.13% −0.04
XOM Exxon Mobil Corp. Reduce -1.6% 0.16% −0.03
IVE iShares S&P 500 Value ETF Reduce -0.7% 0.56% −0.03
BSV Vanguard Short-Term Bond ETF Reduce -5.6% 0.21% −0.03
MRK Merck & Co. Inc. Reduce -9.4% 0.07% −0.02
MAS Masco Corp. Reduce -9.4% 0.08% −0.02
EOG EOG Resources Inc. Reduce -34.2% 0.03% −0.02
OMC Omnicom Group Reduce -7.7% 0.06% −0.02
SNA Snap-on Inc. Reduce -1.7% 0.11% −0.02
LYB Lyondellbasell Indu Class A Reduce -36.0% 0.02% −0.02
JMBS Janus Henderson Mortg Backed Reduce -8.0% 0.11% −0.02
V Visa Inc. Class A Reduce -0.0% 0.29% −0.02
ORLY O'reilly Automotive Inc. Reduce -1.5% 0.11% −0.02
KMB Kimberly-Clark Corp. Reduce -3.0% 0.08% −0.02
PEP Pepsico Inc. Reduce -7.6% 0.05% −0.02
SCZ iShares MSCI Eafe Small-Cap Reduce -15.0% 0.16% −0.02
CMCSA Comcast Corp. Class A Reduce -15.5% 0.05% −0.02
LOW Lowe's Cos Inc. Reduce -2.8% 0.09% −0.02
UNP Union Pacific Corp. Sold out 0.00% −0.02
ACN Accenture PLC Class A Reduce -2.9% 0.09% −0.01
XLV SS Health Care Select Sector Sold out 0.00% −0.01
IWC iShares Micro-Cap ETF Sold out 0.00% −0.01
ETR Entergy Corp. Reduce -4.4% 0.08% −0.01
MCD McDonald's Corp. Reduce -11.4% 0.04% −0.01
TGT Target Corp. Reduce -18.2% 0.03% −0.01
TRV The Travelers Cos Inc. Reduce -0.2% 0.17% −0.01
ELV Elevance Health Inc. Reduce -2.1% 0.05% −0.01
AVUV Avantis US Small Cap Value Sold out 0.00% −0.01
NEE Nextera Energy Inc. Sold out 0.00% −0.01
PFG Principal Financial Group Sold out 0.00% −0.01
SLV iShares Silver Trust Sold out 0.00% −0.01
IAU iShares Gold Trust Sold out 0.00% −0.01
COP Conocophillips Sold out 0.00% −0.01
VST Vistra Corp. Sold out 0.00% −0.01
INTC Intel Corp. Sold out 0.00% −0.01
IWD iShares Russell 1000 Value E Reduce -0.4% 0.21% −0.01
ABBV Abbvie Inc. Reduce -7.5% 0.03% −0.01
AGG iShares Core U.S. Aggregate Reduce -4.0% 0.08% −0.01
BCO The Brink's Co. Sold out 0.00% −0.01
ITW Illinois Tool Works Sold out 0.00% −0.01
HDV iShares Core High Dividend E Sold out 0.00% −0.01
MCK McKesson Corp. Sold out 0.00% −0.01
SHOP Shopify Inc. Class A Sold out 0.00% −0.01
WMB Williams Cos Inc. Sold out 0.00% −0.01

Portfolio Buys Q1 2025 → Q2 2025

VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +11.5% 2.60% +0.33
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +40.5% 0.68% +0.20
MTUM iShares MSCI USA Momentum Fa Add +1.7% 1.70% +0.18
SMLF iShares US Smallcap Equity F Add +4.0% 3.25% +0.16
NVDA Nvidia Corp. Add +2.9% 0.48% +0.13
AVSC Avantis US Small Cap Equity New 0.13% +0.13
VB Vanguard Most SM-Cap ETF-Usd Add +18.3% 0.89% +0.13
MSFT Microsoft Corp. Add +0.8% 0.54% +0.10
IMTM iShares MSCI Intl Momentum F Add +1.0% 1.51% +0.10
LRGF iShares US Equity Factor ETF Add +10.6% 0.81% +0.10
IVW iShares S&P 500 Growth ETF Add +0.1% 0.94% +0.08
IEFA iShares Core MSCI Eafe ETF Add +1.5% 1.97% +0.07
VWO Vanguard Ftse Emerging Marke Add +1.3% 2.56% +0.06
AVLV Avantis US Large Cap Value Add +171.0% 0.10% +0.06
VUG Vanguard Mrngstar GR ETF-Sui Add +0.4% 0.51% +0.05
DFIV Dimensional International Va Add +2.9% 1.15% +0.04
INTF iShares International Equity Add +4.1% 0.57% +0.04
IEI iShares 3-7 Year Treasury Bo Add +22.7% 0.24% +0.03
IEMG iShares Core MSCI Emerging Add +3.6% 0.47% +0.03
AVUS Avantis U.S. Equity ETF Add +2.4% 0.87% +0.03
JPM JPMorgan Chase & Co. Add +0.2% 0.32% +0.03
XLK SS Technology Select Sector Add +0.7% 0.18% +0.02
GOOGL Alphabet Inc. Class A Add +1.8% 0.31% +0.02
POWERSHARES Add +8.6% 0.13% +0.02
VLUE iShares MSCI USA Value Facto New 0.02% +0.02
TSLA Tesla Inc. Add +24.0% 0.06% +0.02
AVGO Broadcom Inc. Add +4.9% 0.05% +0.02
VOOG Vanguard S&P 500 Growth ETF New 0.02% +0.02
MS Morgan Stanley Add +0.0% 0.14% +0.02
URI United Rentals Inc. Add +0.7% 0.13% +0.01
META Meta Platforms Inc. Class A Add +10.4% 0.06% +0.01
AUPH Aurinia Pharmaceuticals Inc. New 0.01% +0.01
LEU Centrus Energy Corp. Class A New 0.01% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +4.5% 0.20% +0.01
AMAT Applied Materials Inc. Add +9.6% 0.06% +0.01
SMR Nuscale Power Corp. New 0.01% +0.01
CCJ Cameco Corp. New 0.01% +0.01
IWF iShares Russell 1000 Growth Add +1.4% 0.12% +0.01
OKLO Oklo Inc. New 0.01% +0.01
CEG Constellation Energy Add +0.5% 0.03% +0.01
TSM Taiwan Semiconductor-SP ADR Add +5.8% 0.04% +0.01
PLTR Palantir Technologies Inc. Class A Add +25.6% 0.02% +0.01
NFLX Netflix Inc. Add +9.5% 0.03% +0.01
ORCL Oracle Corp. Add +2.6% 0.02% +0.01
DG Dollar General Corp. Add +3.2% 0.04% +0.01
TT Trane Technologies PLC Add +1.2% 0.04% +0.01
VTV Vanguard Mrngstr Val ETF-Aui Add +8.9% 0.22% +0.01
MU Micron Technology Inc. Add +0.8% 0.02% +0.01
ESGU iShares ESG Aware MSCI USA Add +4.1% 0.09% +0.01
CAT Caterpillar Inc. Add +0.3% 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