Apella Capital, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 14, 2025), Apella Capital, LLC reported 341 stock positions worth $2.6 billion. Its top holding was Dimensional US Core Equity 2 (DFAC) at 14.1% of the portfolio, followed by Vanguard Short-Term Bond ETF (BSV, 5.4%) and Vanguard Total Bond Market (BND, 4.2%). Compared with Q3 2024, it opened 34 new positions, sold out of 13, added to 172 and reduced 112. The biggest buy was Dimensional US Core Equity 2 (DFAC, shares +20%) and the biggest sale Vanguard Total Intl Bond ETF (BNDX, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- WEST HARTFORD, CT
- CIK
- 0001801507
- Portfolio Value
- $2.6B (Q4 2024)
- SEC Filing
- 0001801507-25-000001 ↗ filed Jan 14, 2025
Holdings Value
Holdings 341 stocks · $2.6B
| DFAC Dimensional US Core Equity 2 | 14.06% | 10,595,895 | $366.5M | Add +20.3% |
| BSV Vanguard Short-Term Bond ETF | 5.38% | 1,815,851 | $140.3M | Reduce -3.6% |
| BND Vanguard Total Bond Market | 4.19% | 1,518,825 | $109.2M | Add +3.2% |
| BNDX Vanguard Total Intl Bond ETF | 4.11% | 2,186,969 | $107.3M | Reduce -9.8% |
| VTI VG Morningstar TS MKT ETF-US | 3.69% | 332,083 | $96.2M | Add +6.0% |
| DFAT Dimensional US Target Value | 3.58% | 1,677,344 | $93.4M | Reduce -4.4% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 3.32% | 407,144 | $86.6M | Reduce -7.7% |
| DFCF Dimensional Core Fixed Inc. | 3.02% | 1,909,521 | $78.8M | Add +17.3% |
| DFSD Dimensional Short Duration | 3.01% | 1,671,180 | $78.3M | Add +57.3% |
| DFIC Dimensional International Co. | 2.78% | 2,802,429 | $72.4M | Add +49.3% |
| VEA Vanguard Ftse Developed ETF | 2.32% | 1,263,137 | $60.4M | Add +4.5% |
| MTUM iShares MSCI USA Momentum Fa | 2.12% | 266,979 | $55.2M | Reduce -17.9% |
| VWO Vanguard Ftse Emerging Marke | 1.83% | 1,080,414 | $47.6M | Add +4.0% |
| DFIV Dimensional International Va | 1.71% | 1,259,301 | $44.7M | Reduce -0.7% |
| DFUS Dimensional US Eq MKT ETF | 1.61% | 658,494 | $42.0M | Add +0.2% |
| DFEM Dimensional Emrg MRKT Core | 1.40% | 1,398,252 | $36.6M | Add +26.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.37% | 210,773 | $35.7M | Reduce -16.4% |
| VSS Vanguard Ftse All Wo X-US SC | 1.19% | 269,848 | $30.9M | Reduce -9.6% |
| MSFT Microsoft Corp. | 1.17% | 72,390 | $30.5M | Reduce -0.8% |
| SUB iShares Short-Term National | 1.10% | 273,018 | $28.8M | Add +8.2% |
| DFNM Dimensional National Muni BD | 1.01% | 552,649 | $26.4M | Add +17.4% |
| QUAL iShares MSCI USA Quality Fac | 1.01% | 148,171 | $26.4M | Reduce -16.1% |
| MUB iShares National Muni Bond E | 0.99% | 242,902 | $25.9M | Add +4.8% |
| VTIP Vanguard Short-Term Tips | 0.90% | 485,112 | $23.5M | Add +26.1% |
| USMV iShares MSCI USA Min Vol Fac | 0.90% | 264,526 | $23.5M | Reduce -17.1% |
| DFAX Dimensional World Ex US Core | 0.83% | 872,892 | $21.7M | Reduce -2.9% |
| DFUV Dimensional US Marketwide Va | 0.76% | 486,509 | $19.9M | Reduce -0.7% |
| AAPL Apple Inc. | 0.75% | 78,509 | $19.7M | Reduce -0.7% |
| VCIT Vanguard Int-Term Corporate | 0.73% | 237,702 | $19.1M | Add +58.0% |
| SCHO Schwab Short-Term US Treas | 0.72% | 782,878 | $18.8M | Reduce -14.0% |
| AVUS Avantis U.S. Equity ETF | 0.71% | 190,561 | $18.5M | Add +0.6% |
| AVDV Avantis Intl S/C Value ETF | 0.70% | 282,138 | $18.4M | Add +30.4% |
| DUHP Dimensional US High Profi Et | 0.69% | 532,179 | $18.0M | Add +868.9% |
| IMTM iShares MSCI Intl Momentum F | 0.66% | 457,947 | $17.1M | Reduce -16.1% |
| DFGX Dimsnl Intr CF in ETF-Usd Inc. | 0.66% | 327,261 | $17.1M | New |
| GEM Goldman Sachs Activebeta Em | 0.65% | 530,221 | $16.9M | Reduce -15.6% |
| AVDE Avantis International Equity | 0.60% | 256,547 | $15.7M | Add +48.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.58% | 300,051 | $15.0M | Reduce -0.5% |
| ESGU iShares ESG Aware MSCI USA | 0.57% | 114,965 | $14.8M | Reduce -2.8% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.55% | 72,158 | $14.3M | Reduce -10.1% |
| JNK SS SPDR BB High Yield Bond | 0.53% | 144,371 | $13.8M | Reduce -4.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.52% | 51,315 | $13.6M | Add +6.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.51% | 55,573 | $13.4M | Add +8.3% |
| AVEM Avantis Emerging Markets Eq | 0.47% | 208,268 | $12.2M | Add +223.0% |
| VIG Vanguard Dividend Apprec ETF | 0.46% | 61,685 | $12.1M | Reduce -2.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.41% | 136,098 | $10.6M | Add +212.7% |
| VXUS Vanguard Total Intl Stock | 0.40% | 179,105 | $10.6M | Reduce -0.8% |
| ESGV Vanguard ESG US Stock ETF | 0.38% | 95,671 | $10.0M | Reduce -3.4% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.37% | 135,649 | $9.6M | Reduce -16.1% |
| VONE Vanguard Russell 1000 | 0.36% | 34,754 | $9.3M | New |
| EFV iShares MSCI Eafe Value ETF | 0.35% | 172,544 | $9.1M | Reduce -10.1% |
| EAGG iShares ESG Aware US Aggrega | 0.35% | 194,311 | $9.0M | Add +3.9% |
| VGIT Vanguard Intermediate-Term T | 0.34% | 153,930 | $8.9M | Add +743.0% |
| EMB iShares JP Morgan Usd Emergi | 0.32% | 95,074 | $8.5M | Add +14.4% |
| VUSB Vanguard Ultra Short Bond Et | 0.32% | 168,224 | $8.3M | Add +47.9% |
| DFLV Dim US Large Cap Value ETF | 0.31% | 268,367 | $8.1M | Add +1001.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.30% | 13,281 | $7.8M | Add +5.7% |
| GD General Dynamics Corp. | 0.29% | 28,303 | $7.5M | Reduce -1.9% |
| VGSH Vanguard Short-Term Treasury | 0.29% | 127,740 | $7.4M | Add +53.7% |
| IQLT iShares MSCI International Q | 0.28% | 199,751 | $7.4M | Reduce -18.1% |
| DFGR Dim Global Real Estate ETF | 0.28% | 288,548 | $7.4M | Reduce -7.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.28% | 16,170 | $7.3M | Reduce -0.9% |
| SHM SS SPDR N Ice St Muni ETF | 0.27% | 148,030 | $7.0M | Reduce -4.0% |
| DIHP Dimensional International Hi | 0.27% | 274,810 | $6.9M | New |
| ESGD iShares Trust iShares ESG Aw | 0.25% | 85,063 | $6.5M | Reduce -0.1% |
| VSGX Vanguard ESG Intl Stock ETF | 0.24% | 110,069 | $6.2M | Reduce -0.9% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.24% | 107,516 | $6.2M | Reduce -14.6% |
| IJR iShares Core S&P Small-Cap E | 0.23% | 51,666 | $6.0M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 0.23% | 27,066 | $5.9M | Add +5.1% |
| DFIP Dimensional Inflation-Protec | 0.23% | 146,255 | $5.9M | Add +9.7% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.22% | 109,940 | $5.7M | Reduce -1.2% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.22% | 125,689 | $5.7M | Add +198.4% |
| DFSU Dimensional US Sus CORE1 ETF | 0.21% | 146,728 | $5.6M | Add +10.6% |
| WST West Pharmaceutical Services | 0.21% | 16,801 | $5.5M | Reduce -0.0% |
| SUSB iShares ESG Aware 1-5 Year U | 0.21% | 220,041 | $5.4M | Add +8.5% |
| EWX State Street SPDR S&P Emergi | 0.21% | 92,301 | $5.4M | Add +4.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.20% | 72,555 | $5.1M | Add +9.1% |
| SHY iShares 1-3 Year Treasury Bo | 0.19% | 61,908 | $5.1M | Reduce -3.7% |
| VOO Vanguard S&P 500 ETF | 0.19% | 9,190 | $5.0M | Add +1.3% |
| DFAI Dimensional International Co. | 0.18% | 160,759 | $4.7M | Reduce -3.1% |
| DFAW Dimensional World Eqty ETF | 0.17% | 68,972 | $4.3M | Add +11.3% |
| NVDA Nvidia Corp. | 0.16% | 31,865 | $4.3M | Add +0.7% |
| DFAS Dimensional US Small Cap ETF | 0.16% | 64,937 | $4.2M | Reduce -0.6% |
| IWB iShares Russell 1000 ETF | 0.16% | 12,910 | $4.2M | No change |
| ITOT iShares Core S&P Total U.S. | 0.16% | 32,280 | $4.2M | Reduce -7.2% |
| VT Vanguard Tot World STK ETF | 0.16% | 35,026 | $4.1M | Reduce -10.2% |
| AVUV Avantis US Small Cap Value | 0.15% | 40,028 | $3.9M | Add +1.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.14% | 72,217 | $3.7M | Add +7.3% |
| DFSI Dimensional Int Sus COR1 ETF | 0.14% | 113,362 | $3.7M | Add +11.1% |
| BILL Bill Holdings Inc. | 0.14% | 43,797 | $3.7M | No change |
| DOCS Doximity Inc. Class A | 0.14% | 69,320 | $3.7M | Add +10.4% |
| DFAU Dimensional US Core Equity M | 0.14% | 88,229 | $3.6M | Add +0.0% |
| JNJ Johnson & Johnson | 0.14% | 24,335 | $3.5M | Add +1.4% |
| DFSB Dim GLB Sustain Fix Inc. ETF | 0.13% | 67,277 | $3.4M | Add +18.4% |
| UAL United Airlines Holdings Inc. | 0.13% | 35,082 | $3.4M | Reduce -3.9% |
| ACN Accenture PLC Class A | 0.13% | 9,568 | $3.4M | Add +1.2% |
| IAGG iShares Intl Aggregate Bond | 0.11% | 58,936 | $2.9M | Add +154.8% |
| DFAE Dimensional Emerging Core Eq | 0.10% | 106,675 | $2.7M | Reduce -1.8% |
| COST Costco Wholesale Corp. | 0.10% | 2,950 | $2.7M | Add +12.0% |
| REET iShares Global REIT ETF | 0.10% | 109,857 | $2.6M | New |
Portfolio Sells Q3 2024 → Q4 2024
| BNDX Vanguard Total Intl Bond ETF | Reduce -9.8% | 4.11% | −0.90 |
| BSV Vanguard Short-Term Bond ETF | Reduce -3.6% | 5.38% | −0.70 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -17.9% | 2.12% | −0.58 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -16.4% | 1.37% | −0.43 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Reduce -7.7% | 3.32% | −0.39 |
| DFAT Dimensional US Target Value | Reduce -4.4% | 3.58% | −0.36 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -9.6% | 1.19% | −0.35 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -17.1% | 0.90% | −0.29 |
| QUAL iShares MSCI USA Quality Fac | Reduce -16.1% | 1.01% | −0.28 |
| GEM Goldman Sachs Activebeta Em | Reduce -15.6% | 0.65% | −0.28 |
| DFIV Dimensional International Va | Reduce -0.7% | 1.71% | −0.26 |
| IMTM iShares MSCI Intl Momentum F | Reduce -16.1% | 0.66% | −0.24 |
| SCHO Schwab Short-Term US Treas | Reduce -14.0% | 0.72% | −0.19 |
| DFAX Dimensional World Ex US Core | Reduce -2.9% | 0.83% | −0.17 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -16.1% | 0.37% | −0.14 |
| IQLT iShares MSCI International Q | Reduce -18.1% | 0.28% | −0.13 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -10.1% | 0.55% | −0.11 |
| EFV iShares MSCI Eafe Value ETF | Reduce -10.1% | 0.35% | −0.10 |
| EEMV iShares MSCI Emg MKT Min Vol | Reduce -14.6% | 0.24% | −0.09 |
| DFGR Dim Global Real Estate ETF | Reduce -7.3% | 0.28% | −0.08 |
| MSFT Microsoft Corp. | Reduce -0.8% | 1.17% | −0.08 |
| VXUS Vanguard Total Intl Stock | Reduce -0.8% | 0.40% | −0.08 |
| JNK SS SPDR BB High Yield Bond | Reduce -4.5% | 0.53% | −0.08 |
| GD General Dynamics Corp. | Reduce -1.9% | 0.29% | −0.07 |
| DFUV Dimensional US Marketwide Va | Reduce -0.7% | 0.76% | −0.07 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -0.5% | 0.58% | −0.06 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.6% | 0.46% | −0.05 |
| ESGD iShares Trust iShares ESG Aw | Reduce -0.1% | 0.25% | −0.04 |
| VSGX Vanguard ESG Intl Stock ETF | Reduce -0.9% | 0.24% | −0.04 |
| ACWX iShares MSCI Acwi Ex US ETF | Reduce -1.2% | 0.22% | −0.04 |
| BBAG JPMorgan Betabuilders US Agg | Reduce -21.9% | 0.09% | −0.04 |
| ESGU iShares ESG Aware MSCI USA | Reduce -2.8% | 0.57% | −0.04 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -4.0% | 0.27% | −0.04 |
| DFAI Dimensional International Co. | Reduce -3.1% | 0.18% | −0.03 |
| BSCO Invesco Bulletshares 2024 CB | Sold out | 0.00% | −0.03 |
| VT Vanguard Tot World STK ETF | Reduce -10.2% | 0.16% | −0.03 |
| VEEV Veeva Systems Inc. Class A | Reduce -16.9% | 0.10% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.9% | 0.28% | −0.03 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -3.7% | 0.19% | −0.02 |
| MMKT Texas Cap Govt MNY MRKT ETF | Sold out | 0.00% | −0.02 |
| ESGV Vanguard ESG US Stock ETF | Reduce -3.4% | 0.38% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -5.6% | 0.08% | −0.02 |
| DFAE Dimensional Emerging Core Eq | Reduce -1.8% | 0.10% | −0.02 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -9.2% | 0.07% | −0.02 |
| ITOT iShares Core S&P Total U.S. | Reduce -7.2% | 0.16% | −0.02 |
| PYLD PIMCO Multisector Bond Actv | Reduce -56.5% | 0.01% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.2% | 0.23% | −0.02 |
| CMF iShares California Muni Bond | Reduce -9.2% | 0.08% | −0.02 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -36.2% | 0.02% | −0.02 |
| MCD McDonald's Corp. | Reduce -9.3% | 0.07% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| DFAC Dimensional US Core Equity 2 | Add +20.3% | 14.06% | +1.76 |
| DFSD Dimensional Short Duration | Add +57.3% | 3.01% | +0.92 |
| DFGX Dimsnl Intr CF in ETF-Usd Inc. | New | 0.66% | +0.66 |
| DFIC Dimensional International Co. | Add +49.3% | 2.78% | +0.63 |
| DUHP Dimensional US High Profi Et | Add +868.9% | 0.69% | +0.61 |
| VONE Vanguard Russell 1000 | New | 0.36% | +0.36 |
| VGIT Vanguard Intermediate-Term T | Add +743.0% | 0.34% | +0.30 |
| AVEM Avantis Emerging Markets Eq | Add +223.0% | 0.47% | +0.29 |
| DFLV Dim US Large Cap Value ETF | Add +1001.2% | 0.31% | +0.28 |
| DIHP Dimensional International Hi | New | 0.27% | +0.27 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +212.7% | 0.41% | +0.27 |
| VCIT Vanguard Int-Term Corporate | Add +58.0% | 0.73% | +0.21 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +198.4% | 0.22% | +0.14 |
| AVDE Avantis International Equity | Add +48.6% | 0.60% | +0.13 |
| DFCF Dimensional Core Fixed Inc. | Add +17.3% | 3.02% | +0.13 |
| VTIP Vanguard Short-Term Tips | Add +26.1% | 0.90% | +0.13 |
| DFEM Dimensional Emrg MRKT Core | Add +26.8% | 1.40% | +0.10 |
| REET iShares Global REIT ETF | New | 0.10% | +0.10 |
| SPAB SS SPDR P Agg Bond ETF | New | 0.09% | +0.09 |
| VUSB Vanguard Ultra Short Bond Et | Add +47.9% | 0.32% | +0.09 |
| VGSH Vanguard Short-Term Treasury | Add +53.7% | 0.29% | +0.08 |
| AVDV Avantis Intl S/C Value ETF | Add +30.4% | 0.70% | +0.08 |
| AVLV Avantis US Large Cap Value | New | 0.08% | +0.08 |
| VTI VG Morningstar TS MKT ETF-US | Add +6.0% | 3.69% | +0.08 |
| DFNM Dimensional National Muni BD | Add +17.4% | 1.01% | +0.07 |
| ISTB iShares Core 1-5 Year Usd Bo | New | 0.07% | +0.07 |
| IAGG iShares Intl Aggregate Bond | Add +154.8% | 0.11% | +0.06 |
| IEI iShares 3-7 Year Treasury Bo | New | 0.05% | +0.05 |
| SPIB SS SPDR P Int C Corp. ETF | New | 0.05% | +0.05 |
| DFAR Dimensional US Real Est ETF | Add +180.0% | 0.08% | +0.05 |
| VXF Vanguard Extended Market ETF | New | 0.04% | +0.04 |
| DES Wisdomtree US Smallcap Divid | New | 0.04% | +0.04 |
| AMZN Amazon.com Inc. | Add +5.1% | 0.23% | +0.03 |
| DOCS Doximity Inc. Class A | Add +10.4% | 0.14% | +0.03 |
| MUNI PIMCO Intermediate Municipal | New | 0.02% | +0.02 |
| BSCU Invesco Bulletshares 2030 CB | New | 0.02% | +0.02 |
| DFCA Dimensional Calfornia MB ETF | New | 0.02% | +0.02 |
| DFGP Dimensional GLBL Core PL Fix | New | 0.02% | +0.02 |
| SPHY SS SPDR P High Yield ETF | New | 0.02% | +0.02 |
| ZM Zoom Communications Inc. | Add +7.7% | 0.10% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +8.3% | 0.51% | +0.02 |
| DLS Wisdomtree Intl S/C DVD Fund | New | 0.01% | +0.01 |
| IBTK iShares Ibonds Dec 2030 Trea | New | 0.01% | +0.01 |
| MAR Marriott International Class A | Add +131.8% | 0.02% | +0.01 |
| DFSU Dimensional US Sus CORE1 ETF | Add +10.6% | 0.21% | +0.01 |
| PFF iShares Preferred & Income S | New | 0.01% | +0.01 |
| IWY iShares Russell Top 200 Grow | New | 0.01% | +0.01 |
| OXY Occidental Petroleum Corp. | New | 0.01% | +0.01 |
| MOFG Midwestone Financial Group I | New | 0.01% | +0.01 |
| WBA Walgreens Boots Alliance Inc. | New | 0.01% | +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 |