Apella Capital, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 10, 2024), Apella Capital, LLC reported 294 stock positions worth $2.0 billion. Its top holding was Dimensional US Core Equity 2 (DFAC) at 11.3% of the portfolio, followed by Vanguard Short-Term Bond ETF (BSV, 6.3%) and Vanguard Total Intl Bond ETF (BNDX, 5.1%). Compared with Q4 2023, it opened 11 new positions, sold out of 9, added to 122 and reduced 124. The biggest buy was Dimensional US Core Equity 2 (DFAC, shares +13%) and the biggest sale an exit from Fidelity Enhanced Small Cap (FESM).
- Most Recent 13F
- Q2 2026
- Location
- WEST HARTFORD, CT
- CIK
- 0001801507
- Portfolio Value
- $2.0B (Q1 2024)
- SEC Filing
- 0001801507-24-000003 ↗ filed Apr 10, 2024
Holdings Value
Holdings 294 stocks · $2.0B
| DFAC Dimensional US Core Equity 2 | 11.34% | 7,109,068 | $224.8M | Add +12.8% |
| BSV Vanguard Short-Term Bond ETF | 6.34% | 1,645,565 | $125.6M | Add +18.3% |
| BNDX Vanguard Total Intl Bond ETF | 5.09% | 2,059,944 | $100.9M | Add +7.9% |
| BND Vanguard Total Bond Market | 4.20% | 1,157,987 | $83.2M | Add +26.9% |
| VTI VG Morningstar TS MKT ETF-US | 3.98% | 305,970 | $78.9M | Reduce -3.1% |
| DFAT Dimensional US Target Value | 3.93% | 1,452,640 | $77.8M | Add +2.6% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 3.00% | 320,332 | $59.4M | Add +27.5% |
| MTUM iShares MSCI USA Momentum Fa | 2.98% | 317,746 | $59.1M | Reduce -4.6% |
| DFCF Dimensional Core Fixed Inc. | 2.49% | 1,184,046 | $49.4M | Add +3.0% |
| VEA Vanguard Ftse Developed ETF | 2.49% | 987,737 | $49.3M | Add +9.5% |
| DFIV Dimensional International Va | 2.09% | 1,111,306 | $41.4M | Add +5.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.95% | 240,264 | $38.6M | Reduce -2.5% |
| VWO Vanguard Ftse Emerging Marke | 1.94% | 897,947 | $38.4M | Add +5.1% |
| DFSD Dimensional Short Duration | 1.91% | 804,918 | $37.9M | Add +8.4% |
| DFUS Dimensional US Eq MKT ETF | 1.83% | 642,843 | $36.3M | Reduce -3.6% |
| VSS Vanguard Ftse All Wo X-US SC | 1.59% | 267,590 | $31.5M | Add +2.3% |
| DFIC Dimensional International Co. | 1.54% | 1,135,884 | $30.5M | Add +30.7% |
| QUAL iShares MSCI USA Quality Fac | 1.41% | 172,616 | $28.0M | Reduce -5.0% |
| USMV iShares MSCI USA Min Vol Fac | 1.28% | 309,367 | $25.5M | Reduce -2.7% |
| SUB iShares Short-Term National | 1.27% | 240,323 | $25.1M | Reduce -1.9% |
| DFEM Dimensional Emrg MRKT Core | 1.21% | 919,369 | $23.9M | Add +14.2% |
| MUB iShares National Muni Bond E | 1.20% | 222,201 | $23.8M | Add +8.7% |
| DFAX Dimensional World Ex US Core | 1.14% | 883,427 | $22.7M | Reduce -3.7% |
| SCHO Schwab Short-Term US Treas | 1.12% | 461,371 | $22.1M | Reduce -2.3% |
| MSFT Microsoft Corp. | 1.07% | 49,884 | $21.3M | Reduce -17.5% |
| IMTM iShares MSCI Intl Momentum F | 0.99% | 505,230 | $19.6M | Reduce -0.9% |
| GEM Goldman Sachs Activebeta Em | 0.94% | 586,820 | $18.7M | Add +1.7% |
| AVUS Avantis U.S. Equity ETF | 0.93% | 208,575 | $18.5M | Reduce -9.4% |
| DFUV Dimensional US Marketwide Va | 0.88% | 432,018 | $17.5M | Reduce -0.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.85% | 89,518 | $16.9M | Reduce -9.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.76% | 299,802 | $15.0M | Reduce -1.3% |
| ESGU iShares ESG Aware MSCI USA | 0.69% | 120,597 | $13.8M | Add +0.6% |
| AVDV Avantis Intl S/C Value ETF | 0.67% | 201,258 | $13.4M | Add +2.3% |
| DFNM Dimensional National Muni BD | 0.66% | 272,127 | $13.0M | Add +5.1% |
| VTIP Vanguard Short-Term Tips | 0.66% | 271,585 | $13.0M | Add +10.6% |
| AVDE Avantis International Equity | 0.65% | 200,485 | $12.8M | Reduce -4.7% |
| JNK SS SPDR BB High Yield Bond | 0.60% | 126,818 | $12.0M | Add +10.6% |
| VIG Vanguard Dividend Apprec ETF | 0.59% | 65,170 | $11.7M | Reduce -2.8% |
| EFV iShares MSCI Eafe Value ETF | 0.59% | 212,971 | $11.6M | Reduce -7.4% |
| VXUS Vanguard Total Intl Stock | 0.58% | 190,976 | $11.5M | Add +9.2% |
| AAPL Apple Inc. | 0.58% | 67,524 | $11.5M | Reduce -1.5% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.54% | 152,946 | $10.7M | Reduce -1.1% |
| VCIT Vanguard Int-Term Corporate | 0.52% | 129,967 | $10.4M | Reduce -1.8% |
| ESGV Vanguard ESG US Stock ETF | 0.49% | 104,742 | $9.7M | Reduce -8.0% |
| EAGG iShares ESG Aware US Aggrega | 0.45% | 189,781 | $8.8M | Add +6.7% |
| IQLT iShares MSCI International Q | 0.44% | 221,426 | $8.7M | Add +0.3% |
| GD General Dynamics Corp. | 0.42% | 28,836 | $8.3M | Add +0.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.39% | 34,505 | $7.8M | Add +22.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.38% | 30,184 | $7.5M | Add +25.3% |
| DFGR Dim Global Real Estate ETF | 0.36% | 284,770 | $7.2M | Reduce -20.8% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.36% | 124,971 | $7.1M | Reduce -3.7% |
| SHM SS SPDR N Ice St Muni ETF | 0.34% | 144,463 | $6.8M | Add +3.1% |
| ESGD iShares Trust iShares ESG Aw | 0.34% | 85,291 | $6.8M | Reduce -3.9% |
| WST West Pharmaceutical Services | 0.33% | 16,796 | $6.6M | Reduce -0.2% |
| VSGX Vanguard ESG Intl Stock ETF | 0.33% | 114,009 | $6.5M | Reduce -7.5% |
| DFAI Dimensional International Co. | 0.30% | 199,651 | $6.0M | Reduce -10.3% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.30% | 112,519 | $6.0M | Reduce -3.7% |
| DFIP Dimensional Inflation-Protec | 0.29% | 139,616 | $5.8M | Reduce -10.7% |
| IJR iShares Core S&P Small-Cap E | 0.29% | 52,325 | $5.7M | Add +8.5% |
| EMB iShares JP Morgan Usd Emergi | 0.28% | 62,473 | $5.6M | Add +24.6% |
| ARKK ARK Innovation ETF | 0.28% | 113,417 | $5.5M | Reduce -5.5% |
| AVEM Avantis Emerging Markets Eq | 0.27% | 90,058 | $5.3M | Reduce -7.4% |
| SHY iShares 1-3 Year Treasury Bo | 0.26% | 64,515 | $5.3M | Reduce -0.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.25% | 67,919 | $5.0M | Reduce -3.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.25% | 12,023 | $5.0M | Add +1.1% |
| SUSB iShares ESG Aware 1-5 Year U | 0.25% | 203,375 | $5.0M | Add +13.6% |
| VGSH Vanguard Short-Term Treasury | 0.23% | 78,201 | $4.5M | Reduce -37.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.23% | 8,661 | $4.5M | Add +0.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.22% | 57,508 | $4.4M | Reduce -42.7% |
| VT Vanguard Tot World STK ETF | 0.21% | 38,560 | $4.2M | Reduce -1.4% |
| AMZN Amazon.com Inc. | 0.20% | 21,473 | $4.0M | Reduce -10.2% |
| ITOT iShares Core S&P Total U.S. | 0.20% | 34,058 | $3.9M | Reduce -0.3% |
| EWX State Street SPDR S&P Emergi | 0.19% | 66,575 | $3.8M | Add +17.1% |
| IWB iShares Russell 1000 ETF | 0.19% | 12,910 | $3.7M | No change |
| BBAG JPMorgan Betabuilders US Agg | 0.18% | 80,710 | $3.7M | Reduce -23.8% |
| DFAE Dimensional Emerging Core Eq | 0.18% | 140,829 | $3.6M | Reduce -12.0% |
| AVUV Avantis US Small Cap Value | 0.17% | 37,243 | $3.4M | Add +4.4% |
| DFSU Dimensional US Sus CORE1 ETF | 0.17% | 99,012 | $3.4M | Add +82.1% |
| PH Parker Hannifin Corp. | 0.17% | 5,883 | $3.3M | Add +0.3% |
| DFAU Dimensional US Core Equity M | 0.16% | 88,635 | $3.2M | Reduce -9.3% |
| VEEV Veeva Systems Inc. Class A | 0.16% | 14,774 | $3.2M | Add +0.0% |
| ACN Accenture PLC Class A | 0.16% | 9,344 | $3.1M | Add +17.8% |
| DFAS Dimensional US Small Cap ETF | 0.15% | 50,014 | $3.1M | Reduce -11.4% |
| JNJ Johnson & Johnson | 0.15% | 19,380 | $3.0M | Reduce -0.4% |
| BILL Bill Holdings Inc. | 0.15% | 43,751 | $2.9M | No change |
| VOO Vanguard S&P 500 ETF | 0.14% | 5,669 | $2.7M | Add +20.3% |
| AVIG Avantis Core Fixed Income | 0.12% | 59,705 | $2.4M | Reduce -28.6% |
| DFSI Dimensional Int Sus COR1 ETF | 0.12% | 71,279 | $2.4M | Add +201.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.11% | 44,149 | $2.3M | Reduce -6.4% |
| NVDA Nvidia Corp. | 0.11% | 2,628 | $2.2M | Add +0.7% |
| ESML iShares ESG Aware MSCI USA S | 0.11% | 56,390 | $2.2M | Add +15.0% |
| ESGE iShares Inc. iShares ESG Awar | 0.11% | 63,563 | $2.1M | Add +1.6% |
| IEMG iShares Core MSCI Emerging | 0.11% | 39,744 | $2.1M | Reduce -7.9% |
| DFSB Dim GLB Sustain Fix Inc. ETF | 0.10% | 39,585 | $2.0M | Add +222.9% |
| OMFL Invesco Russell 1000 DYN M/F | 0.10% | 37,031 | $2.0M | Reduce -0.0% |
| IWM iShares Russell 2000 ETF | 0.10% | 9,737 | $2.0M | Add +0.1% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.10% | 43,886 | $2.0M | Reduce -13.3% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.10% | 31,687 | $1.9M | Reduce -7.9% |
| IWV iShares Russell 3000 ETF | 0.10% | 6,454 | $1.9M | Add +0.1% |
| COST Costco Wholesale Corp. | 0.10% | 2,623 | $1.9M | Add +8.5% |
Portfolio Sells Q4 2023 → Q1 2024
| FESM Fidelity Enhanced Small Cap | Sold out | 0.00% | −0.27 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -42.7% | 0.22% | −0.21 |
| VGSH Vanguard Short-Term Treasury | Reduce -37.0% | 0.23% | −0.17 |
| SUB iShares Short-Term National | Reduce -1.9% | 1.27% | −0.17 |
| MSFT Microsoft Corp. | Reduce -17.5% | 1.07% | −0.17 |
| SCHO Schwab Short-Term US Treas | Reduce -2.3% | 1.12% | −0.16 |
| DFGR Dim Global Real Estate ETF | Reduce -20.8% | 0.36% | −0.15 |
| AAPL Apple Inc. | Reduce -1.5% | 0.58% | −0.12 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -9.8% | 0.85% | −0.12 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -3.1% | 3.98% | −0.11 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -1.3% | 0.76% | −0.10 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -2.5% | 1.95% | −0.10 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -2.7% | 1.28% | −0.10 |
| AVUS Avantis U.S. Equity ETF | Reduce -9.4% | 0.93% | −0.09 |
| BBAG JPMorgan Betabuilders US Agg | Reduce -23.8% | 0.18% | −0.09 |
| DFAX Dimensional World Ex US Core | Reduce -3.7% | 1.14% | −0.09 |
| EFV iShares MSCI Eafe Value ETF | Reduce -7.4% | 0.59% | −0.08 |
| AVIG Avantis Core Fixed Income | Reduce -28.6% | 0.12% | −0.07 |
| VCIT Vanguard Int-Term Corporate | Reduce -1.8% | 0.52% | −0.07 |
| DFIP Dimensional Inflation-Protec | Reduce -10.7% | 0.29% | −0.07 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -1.1% | 0.54% | −0.06 |
| DFUS Dimensional US Eq MKT ETF | Reduce -3.6% | 1.83% | −0.05 |
| AVDE Avantis International Equity | Reduce -4.7% | 0.65% | −0.05 |
| QUAL iShares MSCI USA Quality Fac | Reduce -5.0% | 1.41% | −0.05 |
| ARKK ARK Innovation ETF | Reduce -5.5% | 0.28% | −0.05 |
| DFAI Dimensional International Co. | Reduce -10.3% | 0.30% | −0.05 |
| BIV Vanguard Intermediate-Term B | Reduce -28.0% | 0.08% | −0.04 |
| VSGX Vanguard ESG Intl Stock ETF | Reduce -7.5% | 0.33% | −0.04 |
| ESGV Vanguard ESG US Stock ETF | Reduce -8.0% | 0.49% | −0.04 |
| EEMV iShares MSCI Emg MKT Min Vol | Reduce -3.7% | 0.36% | −0.04 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.8% | 0.59% | −0.04 |
| AVSF Avantis Short-Term Fixed Inc. | Reduce -42.3% | 0.04% | −0.04 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -0.8% | 0.26% | −0.03 |
| DFAE Dimensional Emerging Core Eq | Reduce -12.0% | 0.18% | −0.03 |
| AVEM Avantis Emerging Markets Eq | Reduce -7.4% | 0.27% | −0.03 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -13.3% | 0.10% | −0.03 |
| JPST JPMorgan Ultra-Short Income | Reduce -31.6% | 0.05% | −0.03 |
| DFAS Dimensional US Small Cap ETF | Reduce -11.4% | 0.15% | −0.03 |
| ESGD iShares Trust iShares ESG Aw | Reduce -3.9% | 0.34% | −0.03 |
| JNJ Johnson & Johnson | Reduce -0.4% | 0.15% | −0.03 |
| ACWX iShares MSCI Acwi Ex US ETF | Reduce -3.7% | 0.30% | −0.02 |
| IAGG iShares Intl Aggregate Bond | Reduce -19.5% | 0.06% | −0.02 |
| BNDW Vanguard Total World Bond Et | Reduce -14.3% | 0.08% | −0.02 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -6.4% | 0.11% | −0.02 |
| AVMU Avantis Core Municipal Fixed | Sold out | 0.00% | −0.02 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -3.8% | 0.25% | −0.02 |
| SPSB SS SPDR P St C Corp. ETF | Sold out | 0.00% | −0.02 |
| DFAU Dimensional US Core Equity M | Reduce -9.3% | 0.16% | −0.02 |
| GBX Greenbrier Companies Inc. | Sold out | 0.00% | −0.02 |
| INTC Intel Corp. | Reduce -24.6% | 0.02% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| DFAC Dimensional US Core Equity 2 | Add +12.8% | 11.34% | +1.28 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Add +27.5% | 3.00% | +0.67 |
| BND Vanguard Total Bond Market | Add +26.9% | 4.20% | +0.49 |
| BSV Vanguard Short-Term Bond ETF | Add +18.3% | 6.34% | +0.39 |
| DFIC Dimensional International Co. | Add +30.7% | 1.54% | +0.32 |
| VEA Vanguard Ftse Developed ETF | Add +9.5% | 2.49% | +0.12 |
| DFEM Dimensional Emrg MRKT Core | Add +14.2% | 1.21% | +0.11 |
| DFIV Dimensional International Va | Add +5.6% | 2.09% | +0.08 |
| DFSI Dimensional Int Sus COR1 ETF | Add +201.0% | 0.12% | +0.08 |
| DFSU Dimensional US Sus CORE1 ETF | Add +82.1% | 0.17% | +0.08 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +25.3% | 0.38% | +0.07 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +22.6% | 0.39% | +0.07 |
| DFSB Dim GLB Sustain Fix Inc. ETF | Add +222.9% | 0.10% | +0.07 |
| NVDA Nvidia Corp. | Add +0.7% | 0.11% | +0.04 |
| EMB iShares JP Morgan Usd Emergi | Add +24.6% | 0.28% | +0.04 |
| DFAW Dimensional World Eqty ETF | Add +66.1% | 0.08% | +0.03 |
| VXUS Vanguard Total Intl Stock | Add +9.2% | 0.58% | +0.03 |
| DFSE Dimensional Em Sus CORE1 ETF | Add +180.6% | 0.04% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +20.3% | 0.14% | +0.02 |
| DFAR Dimensional US Real Est ETF | New | 0.02% | +0.02 |
| META Meta Platforms Inc. Class A | Add +28.5% | 0.05% | +0.02 |
| VGIT Vanguard Intermediate-Term T | Add +54.0% | 0.07% | +0.02 |
| PH Parker Hannifin Corp. | Add +0.3% | 0.17% | +0.02 |
| EWX State Street SPDR S&P Emergi | Add +17.1% | 0.19% | +0.02 |
| VST Vistra Corp. | New | 0.02% | +0.02 |
| IVW iShares S&P 500 Growth ETF | Add +64.2% | 0.03% | +0.01 |
| ESML iShares ESG Aware MSCI USA S | Add +15.0% | 0.11% | +0.01 |
| VYMI Vanguard Int High DVD YLD Inc. | New | 0.01% | +0.01 |
| OXY Occidental Petroleum Corp. | New | 0.01% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +5.1% | 1.94% | +0.01 |
| VXF Vanguard Extended Market ETF | New | 0.01% | +0.01 |
| AMD Advanced Micro Devices | Add +28.9% | 0.04% | +0.01 |
| BLD Topbuild Corp. | New | 0.01% | +0.01 |
| IVE iShares S&P 500 Value ETF | Add +97.6% | 0.02% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.1% | 0.25% | +0.01 |
| AXP American Express Co. | New | 0.01% | +0.01 |
| EW Edwards Lifesciences Corp. | New | 0.01% | +0.01 |
| SCHD Schwab US DVD Equity ETF | New | 0.01% | +0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.01% | +0.01 |
| COR Cencora Inc. | New | 0.01% | +0.01 |
| GD General Dynamics Corp. | Add +0.1% | 0.42% | +0.01 |
| QCOM Qualcomm Inc. | Add +6.9% | 0.04% | +0.01 |
| ACN Accenture PLC Class A | Add +17.8% | 0.16% | +0.01 |
| VEEV Veeva Systems Inc. Class A | Add +0.0% | 0.16% | +0.01 |
| XOM Exxon Mobil Corp. | Add +5.7% | 0.07% | +0.01 |
| COST Costco Wholesale Corp. | Add +8.5% | 0.10% | +0.01 |
| VTIP Vanguard Short-Term Tips | Add +10.6% | 0.66% | +0.01 |
| ESGU iShares ESG Aware MSCI USA | Add +0.6% | 0.69% | +0.01 |
| PCAR Paccar Inc. | Add +1.9% | 0.05% | +0.01 |
| SUSB iShares ESG Aware 1-5 Year U | Add +13.6% | 0.25% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 691 | $7.1B | DFAC, VTI, DFSD, DFCF, DFUS |
| Q1 2026 | 673 | $6.7B | DFAC, VTI, DFSD, DFCF, DFIC |
| Q4 2025 | 529 | $5.1B | DFAC, VTI, DFSD, DFIC, BSV |
| Q3 2025 | 471 | $4.5B | DFAC, DFSD, VTI, DFIC, BND |
| Q2 2025 | 423 | $3.7B | DFAC, DFSD, VTI, BSV, DFIC |
| Q1 2025 | 386 | $2.9B | DFAC, BSV, DFSD, BND, VTI |
| Q4 2024 | 341 | $2.6B | DFAC, BSV, BND, BNDX, VTI |
| Q3 2024 | 320 | $2.4B | DFAC, BSV, BNDX, BND, DFAT |
| Q2 2024 | 307 | $2.2B | DFAC, BSV, BNDX, BND, VTI |
| Q1 2024 | 294 | $2.0B | DFAC, BSV, BNDX, BND, VTI |