Acropolis Investment Management, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 9, 2026), Acropolis Investment Management, LLC reported 383 stock positions worth $2.3 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 15.1% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 7.9%) and Dimensional Core Fixed (DFCF, 6.5%). Compared with Q4 2025, it opened 92 new positions, sold out of 6, added to 96 and reduced 134. The biggest buy was Vanguard Intermediate-Term T (VGIT, shares +43%) and the biggest sale Vanguard Total Bond Market (BND, shares −24%).

Most Recent 13F
Q2 2026
Location
ST. LOUIS, MO
CIK
0001318601
Portfolio Value
$2.3B (Q1 2026)
SEC Filing
0001104659-26-041279 ↗ filed Apr 9, 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 $2.3B Q1 2026 Q2 2026: $2.5B Q2 2026

Holdings 383 stocks · $2.3B

VOO Vanguard S&P 500 ETF 15.06% 570,339 $340.8M Add +0.3%
VEA Vanguard Ftse Developed ETF 7.88% 2,783,625 $178.4M Reduce -1.0%
DFCF Dimensional Core Fixed Inc. 6.48% 3,471,746 $146.6M Add +20.4%
VGIT Vanguard Intermediate-Term T 5.69% 2,161,827 $128.7M Add +43.4%
IJR iShares Core S&P Small-Cap E 5.49% 999,927 $124.3M Add +0.0%
IJH iShares Core S&P Midcap ETF 5.13% 1,720,404 $116.2M Reduce -0.3%
IGIB iShares 5-10Y Inv Grade Corp. 4.94% 2,098,568 $111.7M Add +1.9%
JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F 3.89% 1,725,651 $88.0M Add +26.4%
SMLF iShares US Smallcap Equity F 3.27% 979,045 $73.9M Add +1.1%
BND Vanguard Total Bond Market 2.57% 790,110 $58.2M Reduce -24.0%
VWO Vanguard Ftse Emerging Marke 2.43% 1,019,138 $55.1M Add +0.4%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 2.23% 168,552 $50.4M Add +0.8%
IEFA iShares Core MSCI Eafe ETF 1.80% 449,577 $40.7M Reduce -3.0%
MTUM iShares MSCI USA Momentum Fa 1.51% 141,946 $34.1M Add +1.9%
VGSH Vanguard Short-Term Treasury 1.48% 572,906 $33.5M Reduce -34.2%
DFLV Dim US Large Cap Value ETF 1.43% 906,845 $32.4M Add +1.0%
IMTM iShares MSCI Intl Momentum F 1.34% 633,116 $30.4M Reduce -1.3%
DFIV Dimensional International Va 1.19% 508,589 $26.8M Reduce -2.2%
VMBS Vanguard Mortgage-Backed Sec 1.11% 535,811 $25.2M Reduce -27.2%
LRGF iShares US Equity Factor ETF 1.04% 357,549 $23.6M Add +14.5%
AAPL Apple Inc. 1.00% 88,996 $22.6M Reduce -1.8%
VCRB Vanguard Core Bond ETF 0.99% 289,865 $22.4M Add +30.5%
AVUS Avantis U.S. Equity ETF 0.83% 167,996 $18.7M Add +2.5%
IVV iShares Core S&P 500 ETF 0.80% 27,611 $18.0M Reduce -0.8%
VB Vanguard Most SM-Cap ETF-Usd 0.78% 67,185 $17.6M Reduce -1.9%
IVW iShares S&P 500 Growth ETF 0.77% 154,027 $17.4M Reduce -1.2%
MSFT Microsoft Corp. 0.68% 41,294 $15.3M Reduce -2.1%
INTF iShares International Equity 0.63% 363,258 $14.2M Add +8.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.58% 46,048 $13.2M Reduce -0.4%
WMT Walmart Inc. 0.57% 103,018 $12.8M Reduce -1.4%
IVE iShares S&P 500 Value ETF 0.50% 53,885 $11.4M Add +1.9%
IEMG iShares Core MSCI Emerging 0.47% 151,521 $10.6M Reduce -1.6%
PG The Procter & Gamble Co. 0.42% 66,006 $9.5M Reduce -0.2%
NVDA Nvidia Corp. 0.42% 54,578 $9.5M Reduce -1.8%
GOOGL Alphabet Inc. Class A 0.40% 31,822 $9.2M Add +1.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.40% 20,543 $9.0M Reduce -1.3%
MUB iShares National Muni Bond E 0.35% 74,221 $7.9M Add +6.0%
IEF iShares 7-10 Year Treasury B 0.31% 74,365 $7.1M Add +4.5%
BRK.B Berkshire Hathaway Inc. Class B 0.30% 14,073 $6.7M Reduce -0.1%
VCIT Vanguard Int-Term Corporate 0.27% 74,670 $6.2M No change
AMZN Amazon.com Inc. 0.27% 29,145 $6.1M Add +0.8%
JPM JPMorgan Chase & Co. 0.26% 20,276 $6.0M Reduce -1.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.26% 9,060 $5.9M Add +0.5%
SCHF Schwab Intl Equity ETF 0.25% 231,639 $5.7M Reduce -0.4%
IWR iShares Russell Mid-Cap ETF 0.23% 54,176 $5.3M Reduce -3.1%
XOM Exxon Mobil Corp. 0.23% 30,518 $5.2M Add +2.9%
VTV Vanguard Mrngstr Val ETF-Aui 0.22% 25,479 $5.0M Add +2.7%
JNJ Johnson & Johnson 0.22% 20,428 $5.0M Reduce -1.7%
IWM iShares Russell 2000 ETF 0.21% 18,952 $4.7M Add +0.3%
V Visa Inc. Class A 0.19% 14,409 $4.4M Reduce -1.0%
VTI VG Morningstar TS MKT ETF-US 0.18% 12,829 $4.1M Add +1.7%
IWD iShares Russell 1000 Value E 0.18% 18,925 $4.0M Reduce -3.9%
EFA iShares MSCI Eafe ETF 0.18% 40,798 $4.0M Reduce -5.5%
IEI iShares 3-7 Year Treasury Bo 0.17% 32,433 $3.8M Add +0.5%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.17% 12,469 $3.8M Add +0.9%
XLK SS Technology Select Sector 0.17% 28,202 $3.7M No change
IYW iShares Ustechnology ETF 0.16% 19,777 $3.6M Reduce -2.8%
CVX Chevron Corp. 0.16% 17,194 $3.6M Reduce -3.2%
TRV The Travelers Cos Inc. 0.15% 11,547 $3.4M Reduce -6.2%
MS Morgan Stanley 0.13% 18,439 $3.0M Reduce -4.2%
UNH Unitedhealth Group Inc. 0.13% 11,145 $3.0M Reduce -10.5%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.13% 13,648 $3.0M Add +1.9%
AVSC Avantis US Small Cap Equity 0.13% 45,745 $2.8M No change
LMT Lockheed Martin Corp. 0.13% 4,699 $2.8M Add +3.0%
SXT Sensient Technologies Corp. 0.13% 32,805 $2.8M Add +8.1%
SCZ iShares MSCI Eafe Small-Cap 0.12% 35,965 $2.8M Reduce -0.7%
BSV Vanguard Short-Term Bond ETF 0.12% 35,716 $2.8M Reduce -8.3%
IWB iShares Russell 1000 ETF 0.12% 7,558 $2.7M No change
QQQ Invesco QQQ Trust Series 1 0.11% 4,309 $2.5M Add +0.1%
KR Kroger Co. 0.11% 33,819 $2.4M Reduce -1.3%
SNA Snap-on Inc. 0.10% 6,037 $2.2M Reduce -0.1%
DE Deere & Co. 0.10% 3,844 $2.2M Reduce -4.5%
HCA HCA Healthcare Inc. 0.10% 4,566 $2.2M Add +0.7%
IWF iShares Russell 1000 Growth 0.10% 5,049 $2.2M Reduce -1.7%
ORLY O'reilly Automotive Inc. 0.09% 21,383 $2.0M Reduce -0.9%
XLE SS Energy Select Sector 0.09% 31,799 $1.9M Reduce -4.2%
ESGU iShares ESG Aware MSCI USA 0.08% 13,570 $1.9M Reduce -0.3%
CAT Caterpillar Inc. 0.08% 2,593 $1.8M Add +2.1%
JMBS Janus Henderson Mortg Backed 0.08% 40,434 $1.8M Reduce -4.7%
COST Costco Wholesale Corp. 0.08% 1,824 $1.8M Add +2.4%
ETR Entergy Corp. 0.08% 16,096 $1.8M Reduce -11.9%
LLY Eli Lilly & Co. 0.08% 1,953 $1.8M Reduce -4.7%
MRK Merck & Co. Inc. 0.08% 14,643 $1.8M Reduce -2.7%
LOW Lowe's Cos Inc. 0.08% 7,454 $1.8M Reduce -4.5%
URI United Rentals Inc. 0.08% 2,370 $1.7M Reduce -0.6%
MU Micron Technology Inc. 0.08% 5,060 $1.7M Add +2.0%
ESGD iShares Trust iShares ESG Aw 0.07% 17,608 $1.7M Reduce -0.5%
EFSC Enterprise Financial Service 0.07% 31,105 $1.7M No change
AXP American Express Co. 0.07% 5,442 $1.6M Reduce -1.5%
TSM Taiwan Semiconductor-SP ADR 0.07% 4,870 $1.6M Add +0.5%
RTX RTX Corp. 0.07% 8,511 $1.6M Add +0.3%
HD Home Depot Inc. 0.07% 4,718 $1.6M Reduce -3.0%
ABBV Abbvie Inc. 0.07% 6,988 $1.5M Reduce -0.7%
META Meta Platforms Inc. Class A 0.07% 2,642 $1.5M Add +1.7%
TSLA Tesla Inc. 0.07% 4,064 $1.5M Reduce -9.0%
GOOG Alphabet Inc. Class C 0.07% 5,253 $1.5M Add +17.5%
GRID First TRST Nasd Class Edg Sgiif 0.07% 9,208 $1.5M Add +315.1%
IBB iShares Biotechnology ETF 0.07% 8,902 $1.5M No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.06% 7,832 $1.4M Add +0.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.06% 8,867 $1.4M Reduce -4.3%

Show all 383 holdings

Other holdings (1): bonds, preferreds, convertibles and warrants · $101 (not counted above)
SecurityClassShares / PrincipalValueChange
GABELLI EQUITY TRUST-RT RIGHT 04/14/2026 14,340$101No change

Total filed on the 13F, all lines: $2.3B.

Portfolio Sells Q4 2025 → Q1 2026

BND Vanguard Total Bond Market Reduce -24.0% 2.57% −0.89
VGSH Vanguard Short-Term Treasury Reduce -34.2% 1.48% −0.82
VMBS Vanguard Mortgage-Backed Sec Reduce -27.2% 1.11% −0.45
MSFT Microsoft Corp. Reduce -2.1% 0.68% −0.24
AAPL Apple Inc. Reduce -1.8% 1.00% −0.11
IVW iShares S&P 500 Growth ETF Reduce -1.2% 0.77% −0.09
IEFA iShares Core MSCI Eafe ETF Reduce -3.0% 1.80% −0.07
IVV iShares Core S&P 500 ETF Reduce -0.8% 0.80% −0.06
VUG Vanguard Mrngstar GR ETF-Sui Reduce -1.3% 0.40% −0.06
UNH Unitedhealth Group Inc. Reduce -10.5% 0.13% −0.05
NVDA Nvidia Corp. Reduce -1.8% 0.42% −0.05
IMTM iShares MSCI Intl Momentum F Reduce -1.3% 1.34% −0.04
V Visa Inc. Class A Reduce -1.0% 0.19% −0.04
JPM JPMorgan Chase & Co. Reduce -1.4% 0.26% −0.03
ACN Accenture PLC Class A Reduce -16.4% 0.04% −0.02
IYW iShares Ustechnology ETF Reduce -2.8% 0.16% −0.02
TSLA Tesla Inc. Reduce -9.0% 0.07% −0.02
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.1% 0.30% −0.02
VEA Vanguard Ftse Developed ETF Reduce -1.0% 7.88% −0.02
LLY Eli Lilly & Co. Reduce -4.7% 0.08% −0.02
MS Morgan Stanley Reduce -4.2% 0.13% −0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -0.4% 0.58% −0.02
AXP American Express Co. Reduce -1.5% 0.07% −0.02
VB Vanguard Most SM-Cap ETF-Usd Reduce -1.9% 0.78% −0.02
EA Electronic Arts Inc. Reduce -18.7% 0.06% −0.01
BSV Vanguard Short-Term Bond ETF Reduce -8.3% 0.12% −0.01
IWF iShares Russell 1000 Growth Reduce -1.7% 0.10% −0.01
AGG iShares Core U.S. Aggregate Reduce -53.0% 0.01% −0.01
EXPE Expedia Group Inc. Reduce -2.9% 0.05% −0.01
TRV The Travelers Cos Inc. Reduce -6.2% 0.15% −0.01
EFA iShares MSCI Eafe ETF Reduce -5.5% 0.18% −0.01
AVGO Broadcom Inc. Reduce -9.4% 0.04% −0.01
BKNG Booking Holdings Inc. Reduce -12.5% 0.02% −0.01
URI United Rentals Inc. Reduce -0.6% 0.08% −0.01
ORCL Oracle Corp. Reduce -31.6% 0.01% −0.01
ABT Abbott Laboratories Reduce -1.8% 0.04% −0.01
IWR iShares Russell Mid-Cap ETF Reduce -3.1% 0.23% −0.01
BA The Boeing Co. Reduce -3.3% 0.06% −0.01
LEU Centrus Energy Corp. Class A Reduce -11.7% 0.01% −0.01
BAC Bank of America Corp. Reduce -6.4% 0.03% −0.01
IBM Intl Business Machines Corp. Reduce -0.8% 0.03% −0.01
OKLO Oklo Inc. Reduce -11.0% 0.01% −0.01
CEG Constellation Energy Reduce -0.1% 0.03% −0.01
AUPH Aurinia Pharmaceuticals Inc. Reduce -31.1% 0.01% −0.01
IWD iShares Russell 1000 Value E Reduce -3.9% 0.18% −0.01
OMC Omnicom Group Reduce -8.9% 0.04% −0.01
MBB iShares MBS ETF Reduce -35.2% 0.01% −0.01
MMM 3M Co. Reduce -7.8% 0.03% −0.01
LOW Lowe's Cos Inc. Reduce -4.5% 0.08% −0.01
ADBE Adobe Inc. Reduce -13.6% 0.01% −0.01

Portfolio Buys Q4 2025 → Q1 2026

VGIT Vanguard Intermediate-Term T Add +43.4% 5.69% +1.63
DFCF Dimensional Core Fixed Inc. Add +20.4% 6.48% +0.96
JMTG Mortgage-Backed Securities Add +26.4% 3.89% +0.75
VCRB Vanguard Core Bond ETF Add +30.5% 0.99% +0.21
IJR iShares Core S&P Small-Cap E Add +0.0% 5.49% +0.09
XOM Exxon Mobil Corp. Add +2.9% 0.23% +0.07
LRGF iShares US Equity Factor ETF Add +14.5% 1.04% +0.07
INTF iShares International Equity Add +8.8% 0.63% +0.06
GRID First TRST Nasd Class Edg Sgiif Add +315.1% 0.07% +0.05
DFLV Dim US Large Cap Value ETF Add +1.0% 1.43% +0.05
PPA Invesco Aerospace & Defense Add +400.6% 0.06% +0.05
AIQ Global X Art Intel & Tech Add +452.9% 0.05% +0.04
BOTZ Global X Robotics & Artifici Add +375.1% 0.05% +0.04
LMT Lockheed Martin Corp. Add +3.0% 0.13% +0.03
CAT Caterpillar Inc. Add +2.1% 0.08% +0.02
AMAT Applied Materials Inc. Add +1.3% 0.06% +0.01
URA Global X Uranium ETF New 0.01% +0.01
POWL Powell Industries Inc. New 0.01% +0.01
VSGX Vanguard ESG Intl Stock ETF New 0.01% +0.01
MU Micron Technology Inc. Add +2.0% 0.08% +0.01
COST Costco Wholesale Corp. Add +2.4% 0.08% +0.01
VRT Vertiv Holdings Co. Class A New 0.01% +0.01
MUB iShares National Muni Bond E Add +6.0% 0.35% +0.01
EOG EOG Resources Inc. New 0.01% +0.01
GILD Gilead Sciences Inc. New 0.01% +0.01
MYRG MYR Group Inc./Delaware New 0.01% +0.01
BMY Bristol-Myers Squibb Co. Add +9.6% 0.05% +0.01
WMB Williams Cos Inc. New 0.01% +0.01
DECK Deckers Outdoor Corp. New 0.01% +0.01
HIG Hartford Insurance Group Inc. New 0.01% +0.01
GEV GE Vernova Inc. Add +4.6% 0.03% +0.01
SMBC Southern Missouri Bancorp New 0.01% +0.01
HDV iShares Core High Dividend E New 0.01% +0.01
USXF iShares ESG Advance MSCI USA New 0.01% +0.01
NEE Nextera Energy Inc. New 0.01% +0.01
RIO Rio Tinto PLC-Spon ADR New 0.01% +0.01
SRE Sempra New 0.01% +0.01
MTZ Mastec Inc. New 0.01% +0.01
HUBB Hubbell Inc. New 0.01% +0.01
TEL Te Connectivity PLC New 0.01% +0.01
DFAI Dimensional International Co. New 0.01% +0.01
BX Blackstone Inc. New 0.01% +0.01
GLD SPDR Gold Shares New 0.01% +0.01
SPTM SS SPDR P S&P 1500 Comp ETF New 0.01% +0.01
ASML ASML Holding NV-NY Reg SHS New 0.01% +0.01
BP BP PLC-Spons ADR New 0.01% +0.01
DFUS Dimensional US Eq MKT ETF New 0.01% +0.01
VTV Vanguard Mrngstr Val ETF-Aui Add +2.7% 0.22% +0.01
HAL Halliburton Co. New 0.01% +0.01
AEP American Electric Power New 0.01% +0.01

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