Angeles Investment Advisors, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Angeles Investment Advisors, LLC reported 30 stock positions worth $1.5 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 48.8% of the portfolio, followed by Vanguard Total Intl Stock (VXUS, 15.9%) and Vngrd Mrgstr MG CP GR ETF-Ui (MGK, 9.5%). Compared with Q2 2025, it opened 4 new positions, sold out of 5, added to 4 and reduced 13. The biggest buy was a new position in Vanguard Mortgage-Backed Sec (VMBS) and the biggest sale Vanguard Ftse Europe ETF (VGK, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- SANTA MONICA, CA
- CIK
- 0001535695
- Portfolio Value
- $1.5B (Q3 2025)
- SEC Filing
- 0001398344-25-020441 ↗ filed Nov 6, 2025
Holdings Value
Holdings 30 stocks · $1.5B
| VOO Vanguard S&P 500 ETF | 48.77% | 1,212,864 | $742.7M | Reduce -15.5% |
| VXUS Vanguard Total Intl Stock | 15.94% | 3,303,778 | $242.7M | Reduce -20.3% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 9.52% | 360,390 | $145.0M | Reduce -21.6% |
| VMBS Vanguard Mortgage-Backed Sec | 5.93% | 1,923,500 | $90.3M | New |
| VCLT Vanguard Long-Term Corp. Bond | 5.61% | 1,100,900 | $85.5M | Reduce -31.4% |
| VOTE TCW Transform 500 ETF | 3.76% | 729,569 | $57.3M | Reduce -30.8% |
| IWM iShares Russell 2000 ETF | 3.56% | 224,142 | $54.2M | Add +29431.2% |
| EWJ iShares MSCI Japan ETF | 1.96% | 373,000 | $29.9M | New |
| MCHI iShares MSCI China ETF | 0.98% | 227,000 | $14.9M | New |
| ESGV Vanguard ESG US Stock ETF | 0.70% | 90,192 | $10.7M | Reduce -61.2% |
| KNF Knife River Corp. | 0.54% | 106,853 | $8.2M | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.44% | 13,887 | $6.7M | Reduce -37.5% |
| VSGX Vanguard ESG Intl Stock ETF | 0.43% | 94,830 | $6.6M | Reduce -68.7% |
| ECG Everus Construction Group | 0.36% | 64,581 | $5.5M | No change |
| MDU Mdu Resources Group Inc. | 0.30% | 258,331 | $4.6M | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.22% | 18,360 | $3.4M | Reduce -39.8% |
| VWO Vanguard Ftse Emerging Marke | 0.21% | 59,115 | $3.2M | Add +135.6% |
| VGK Vanguard Ftse Europe ETF | 0.21% | 39,830 | $3.2M | Reduce -97.0% |
| DFSI Dimensional Int Sus COR1 ETF | 0.19% | 72,060 | $3.0M | New |
| ACWI iShares MSCI Acwi ETF | 0.13% | 14,443 | $2.0M | Add +1.5% |
| EFG iShares MSCI Eafe Growth ETF | 0.13% | 17,410 | $2.0M | Add +14.9% |
| PEP Pepsico Inc. | 0.03% | 3,126 | $439K | No change |
| MBB iShares MBS ETF | 0.02% | 3,200 | $304K | No change |
| IDV iShares International Select | 0.01% | 4,940 | $181K | Reduce -50.0% |
| VPL Vanguard Ftse Pacific ETF | 0.01% | 925 | $81K | Reduce -21.6% |
| EEM iShares MSCI Emerging Market | 0.00% | 1,133 | $61K | No change |
| EFA iShares MSCI Eafe ETF | 0.00% | 432 | $40K | No change |
| AGG iShares Core U.S. Aggregate | 0.00% | 259 | $26K | No change |
| IWB iShares Russell 1000 ETF | 0.00% | 23 | $8K | No change |
| PFF iShares Preferred & Income S | 0.00% | 200 | $6K | Reduce -50.0% |
Portfolio Sells Q2 2025 → Q3 2025
| VGK Vanguard Ftse Europe ETF | Reduce -97.0% | 0.21% | −5.71 |
| USHY iShares Broad Usd High Yield | Sold out | 0.00% | −2.22 |
| BKLN Invesco Senior Loan ETF | Sold out | 0.00% | −1.97 |
| SJNK SS SPDR BB St Hi Yield ETF | Sold out | 0.00% | −1.43 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -31.4% | 5.61% | −1.28 |
| ESGV Vanguard ESG US Stock ETF | Reduce -61.2% | 0.70% | −0.74 |
| VSGX Vanguard ESG Intl Stock ETF | Reduce -68.7% | 0.43% | −0.69 |
| VOTE TCW Transform 500 ETF | Reduce -30.8% | 3.76% | −0.58 |
| FALN iShares Fallen Angels ETF | Sold out | 0.00% | −0.56 |
| VXUS Vanguard Total Intl Stock | Reduce -20.3% | 15.94% | −0.25 |
| IVLU iShares MSCI International V | Sold out | 0.00% | −0.14 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -37.5% | 0.44% | −0.11 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -39.8% | 0.22% | −0.08 |
| IDV iShares International Select | Reduce -50.0% | 0.01% | −0.01 |
| PFF iShares Preferred & Income S | Reduce -50.0% | 0.00% | −0.00 |
| VPL Vanguard Ftse Pacific ETF | Reduce -21.6% | 0.01% | −0.00 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -21.6% | 9.52% | +0.01 |
| VOO Vanguard S&P 500 ETF | Reduce -15.5% | 48.77% | +2.68 |
Portfolio Buys Q2 2025 → Q3 2025
| VMBS Vanguard Mortgage-Backed Sec | New | 5.93% | +5.93 |
| IWM iShares Russell 2000 ETF | Add +29431.2% | 3.56% | +3.55 |
| EWJ iShares MSCI Japan ETF | New | 1.96% | +1.96 |
| MCHI iShares MSCI China ETF | New | 0.98% | +0.98 |
| DFSI Dimensional Int Sus COR1 ETF | New | 0.19% | +0.19 |
| VWO Vanguard Ftse Emerging Marke | Add +135.6% | 0.21% | +0.14 |
| EFG iShares MSCI Eafe Growth ETF | Add +14.9% | 0.13% | +0.03 |
| ACWI iShares MSCI Acwi ETF | Add +1.5% | 0.13% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 31 | $1.7B | VOO, VXUS, IWM, VOTE, VMBS |
| Q1 2026 | 31 | $1.5B | VOO, VXUS, VMBS, VOTE, EFV |
| Q4 2025 | 27 | $1.5B | VOO, VXUS, VMBS, MGK, VOTE |
| Q3 2025 | 30 | $1.5B | VOO, VXUS, MGK, VMBS, VCLT |
| Q2 2025 | 31 | $1.8B | VOO, VXUS, MGK, VCLT, VGK |
| Q1 2025 | 30 | $1.9B | VOO, VXUS, VGK, VCLT, SJNK |
| Q4 2024 | 195 | $2.1B | VOO, MGK, SJNK, VXUS, VCLT |
| Q3 2024 | 217 | $2.0B | VOO, MGK, SJNK, VCLT, VXUS |
| Q2 2024 | 212 | $2.0B | VOO, MGK, SJNK, JNK, VCLT |
| Q1 2024 | 220 | $1.9B | VOO, SJNK, EWJ, MGK, JNK |