Apella Capital, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 8, 2025), Apella Capital, LLC reported 423 stock positions worth $3.7 billion. Its top holding was Dimensional US Core Equity 2 (DFAC) at 12.5% of the portfolio, followed by Dimensional Short Duration (DFSD, 4.4%) and VG Morningstar TS MKT ETF-US (VTI, 3.6%). Compared with Q1 2025, it opened 44 new positions, sold out of 7, added to 246 and reduced 108. The biggest buy was Dimensional US Eq MKT ETF (DFUS, shares +65%) and the biggest sale Vanguard Short-Term Bond ETF (BSV, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- WEST HARTFORD, CT
- CIK
- 0001801507
- Portfolio Value
- $3.7B (Q2 2025)
- SEC Filing
- 0001801507-25-000006 ↗ filed Jul 8, 2025
Holdings Value
Holdings 423 stocks · $3.7B
| DFAC Dimensional US Core Equity 2 | 12.55% | 12,781,699 | $462.8M | Add +8.2% |
| DFSD Dimensional Short Duration | 4.41% | 3,396,458 | $162.8M | Add +26.1% |
| VTI VG Morningstar TS MKT ETF-US | 3.56% | 430,143 | $131.5M | Add +8.6% |
| BSV Vanguard Short-Term Bond ETF | 3.44% | 1,621,727 | $126.8M | Reduce -4.5% |
| DFIC Dimensional International Co. | 3.05% | 3,646,621 | $112.5M | Add +12.0% |
| BND Vanguard Total Bond Market | 3.03% | 1,534,506 | $111.8M | Add +2.3% |
| DFAT Dimensional US Target Value | 2.49% | 1,657,077 | $92.0M | Add +1.2% |
| DFCF Dimensional Core Fixed Inc. | 2.45% | 2,148,340 | $90.3M | Add +5.3% |
| DFUS Dimensional US Eq MKT ETF | 2.15% | 1,177,252 | $79.4M | Add +64.5% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 2.00% | 327,444 | $73.9M | Add +1.3% |
| VEA Vanguard Ftse Developed ETF | 1.96% | 1,282,443 | $72.5M | Add +3.3% |
| DFGX Dimsnl Intr CF in ETF-Usd Inc. | 1.95% | 1,348,633 | $71.9M | Add +43.9% |
| BNDX Vanguard Total Intl Bond ETF | 1.89% | 1,413,879 | $69.7M | Reduce -17.8% |
| DUHP Dimensional US High Profi Et | 1.85% | 1,902,011 | $68.4M | Add +33.1% |
| VWO Vanguard Ftse Emerging Marke | 1.84% | 1,373,980 | $67.9M | Add +8.5% |
| VONE Vanguard Russell 1000 | 1.60% | 209,360 | $59.1M | Add +66.2% |
| DFIV Dimensional International Va | 1.40% | 1,209,385 | $51.7M | Reduce -1.7% |
| AVEM Avantis Emerging Markets Eq | 1.22% | 657,632 | $44.9M | Add +37.7% |
| MTUM iShares MSCI USA Momentum Fa | 1.13% | 175,423 | $41.9M | Reduce -13.6% |
| DFEM Dimensional Emrg MRKT Core | 1.09% | 1,359,330 | $40.2M | Add +0.1% |
| AVDE Avantis International Equity | 1.08% | 542,167 | $39.8M | Add +32.4% |
| MSFT Microsoft Corp. | 1.08% | 79,821 | $39.7M | Add +1.4% |
| AAPL Apple Inc. | 1.05% | 184,366 | $38.7M | Add +62.0% |
| DFUV Dimensional US Marketwide Va | 0.96% | 833,172 | $35.6M | Add +71.6% |
| SUB iShares Short-Term National | 0.96% | 332,223 | $35.3M | Add +5.7% |
| DFAX Dimensional World Ex US Core | 0.93% | 1,174,996 | $34.4M | Add +10.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.92% | 189,993 | $33.9M | Reduce -3.2% |
| AVDV Avantis Intl S/C Value ETF | 0.91% | 422,074 | $33.4M | Add +10.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.85% | 50,281 | $31.2M | Add +287.8% |
| DFLV Dim US Large Cap Value ETF | 0.83% | 980,236 | $30.8M | Add +36.2% |
| DFNM Dimensional National Muni BD | 0.79% | 611,392 | $29.0M | Reduce -5.0% |
| DIHP Dimensional International Hi | 0.74% | 930,719 | $27.2M | Add +31.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.71% | 317,608 | $26.2M | Add +20.8% |
| VSS Vanguard Ftse All Wo X-US SC | 0.71% | 196,264 | $26.2M | Reduce -10.0% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.64% | 517,317 | $23.7M | Add +61.9% |
| VTIP Vanguard Short-Term Tips | 0.59% | 439,854 | $21.9M | Reduce -6.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.59% | 77,374 | $21.8M | Add +35.0% |
| SPAB SS SPDR P Agg Bond ETF | 0.57% | 837,816 | $21.2M | Add +64.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.56% | 37,648 | $20.8M | Add +824.1% |
| VONG Vanguard Russell 1000 Growth | 0.55% | 185,756 | $20.3M | Add +27.8% |
| VOO Vanguard S&P 500 ETF | 0.55% | 35,379 | $20.2M | Add +33.5% |
| VCIT Vanguard Int-Term Corporate | 0.54% | 243,421 | $20.0M | Add +9.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.53% | 81,694 | $19.7M | Add +37.1% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.51% | 390,604 | $18.9M | Add +62.3% |
| MUB iShares National Muni Bond E | 0.50% | 175,564 | $18.3M | Reduce -17.8% |
| QUAL iShares MSCI USA Quality Fac | 0.49% | 98,353 | $18.1M | Reduce -13.2% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.49% | 365,872 | $17.9M | Add +8.3% |
| AVUS Avantis U.S. Equity ETF | 0.47% | 170,903 | $17.4M | Reduce -9.6% |
| IAGG iShares Intl Aggregate Bond | 0.43% | 313,146 | $16.0M | Add +47.0% |
| IJH iShares Core S&P Midcap ETF | 0.43% | 251,761 | $15.9M | Add +6.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.43% | 167,403 | $15.7M | Reduce -15.8% |
| NVDA Nvidia Corp. | 0.40% | 93,208 | $14.7M | Add +2.7% |
| EMB iShares JP Morgan Usd Emergi | 0.38% | 152,372 | $14.0M | Add +25.0% |
| AVLV Avantis US Large Cap Value | 0.38% | 201,785 | $13.9M | Add +68.4% |
| IMTM iShares MSCI Intl Momentum F | 0.36% | 295,661 | $13.3M | Reduce -14.2% |
| GOOG Alphabet Inc. Class C | 0.36% | 74,543 | $13.2M | Add +643.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.35% | 29,777 | $13.1M | Add +159.8% |
| ESGU iShares ESG Aware MSCI USA | 0.35% | 95,998 | $13.0M | Reduce -4.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.35% | 64,066 | $12.8M | Add +1.1% |
| VIG Vanguard Dividend Apprec ETF | 0.34% | 60,690 | $12.5M | Reduce -2.4% |
| GEM Goldman Sachs Activebeta Em | 0.34% | 338,287 | $12.5M | Reduce -15.7% |
| IBTF iShares Ibonds Dec 2025 Term | 0.34% | 530,340 | $12.4M | Reduce -4.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.33% | 25,245 | $12.1M | Add +41.7% |
| SPIB SS SPDR P Int C Corp. ETF | 0.32% | 356,213 | $11.9M | Add +66.2% |
| VXUS Vanguard Total Intl Stock | 0.32% | 171,012 | $11.7M | Reduce -2.1% |
| IWF iShares Russell 1000 Growth | 0.31% | 26,953 | $11.5M | Reduce -15.3% |
| ESGV Vanguard ESG US Stock ETF | 0.30% | 102,206 | $11.3M | Add +2.5% |
| VBIL Vanguard 0-3M T-Bill ETF | 0.30% | 145,736 | $11.0M | New |
| SPHY SS SPDR P High Yield ETF | 0.30% | 461,736 | $10.9M | Add +87.5% |
| JPST JPMorgan Ultra-Short Income | 0.28% | 205,930 | $10.4M | Add +954.9% |
| VGSH Vanguard Short-Term Treasury | 0.28% | 175,241 | $10.2M | Add +1.5% |
| IBTG iShares Ibonds Dec 2026 Term | 0.26% | 424,481 | $9.7M | Add +15.3% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.26% | 121,747 | $9.6M | Reduce -7.6% |
| VYM Vanguard High DVD Yield ETF | 0.25% | 68,770 | $9.3M | Add +906.7% |
| EAGG iShares ESG Aware US Aggrega | 0.25% | 195,734 | $9.2M | Add +1.9% |
| JNK SS SPDR BB High Yield Bond | 0.25% | 95,223 | $9.2M | Reduce -15.1% |
| MA Mastercard Inc. Class A | 0.25% | 16,246 | $9.2M | Add +2387.9% |
| EFV iShares MSCI Eafe Value ETF | 0.24% | 141,072 | $8.9M | Reduce -4.9% |
| IWD iShares Russell 1000 Value E | 0.24% | 44,658 | $8.7M | Reduce -20.8% |
| SCHO Schwab Short-Term US Treas | 0.23% | 356,834 | $8.7M | Reduce -21.1% |
| DFSU Dimensional US Sus CORE1 ETF | 0.23% | 217,472 | $8.6M | Add +9.4% |
| GD General Dynamics Corp. | 0.23% | 28,871 | $8.5M | Add +1.7% |
| AMZN Amazon.com Inc. | 0.23% | 37,313 | $8.3M | Add +3.0% |
| VUSB Vanguard Ultra Short Bond Et | 0.22% | 165,460 | $8.2M | Reduce -4.8% |
| VOOG Vanguard S&P 500 Growth ETF | 0.22% | 20,304 | $8.1M | New |
| VGIT Vanguard Intermediate-Term T | 0.21% | 130,082 | $7.7M | Reduce -19.4% |
| IJR iShares Core S&P Small-Cap E | 0.20% | 67,682 | $7.5M | Reduce -6.6% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.20% | 185,550 | $7.4M | Add +311.2% |
| GOOGL Alphabet Inc. Class A | 0.20% | 42,075 | $7.4M | Add +228.2% |
| ESGD iShares Trust iShares ESG Aw | 0.20% | 83,813 | $7.4M | Reduce -0.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.19% | 10 | $7.2M | Add +233.3% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.19% | 84,922 | $7.1M | Reduce -15.4% |
| DFIP Dimensional Inflation-Protec | 0.19% | 167,513 | $7.0M | Add +0.9% |
| DFGR Dim Global Real Estate ETF | 0.19% | 258,996 | $6.9M | Add +5.9% |
| EWX State Street SPDR S&P Emergi | 0.18% | 109,714 | $6.8M | Add +10.1% |
| DFAW Dimensional World Eqty ETF | 0.18% | 98,127 | $6.6M | Add +11.7% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.18% | 108,353 | $6.6M | Add +0.0% |
| JPM JPMorgan Chase & Co. | 0.18% | 22,284 | $6.5M | Add +75.5% |
| DFSI Dimensional Int Sus COR1 ETF | 0.16% | 154,343 | $6.0M | Add +6.4% |
| VSGX Vanguard ESG Intl Stock ETF | 0.16% | 92,933 | $6.0M | Reduce -8.4% |
Options reported separately and not counted above: MPT puts ($22K).
Portfolio Sells Q1 2025 → Q2 2025
| BSV Vanguard Short-Term Bond ETF | Reduce -4.5% | 3.44% | −1.11 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -17.8% | 1.89% | −0.99 |
| MUB iShares National Muni Bond E | Reduce -17.8% | 0.50% | −0.26 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -13.6% | 1.13% | −0.26 |
| DFNM Dimensional National Muni BD | Reduce -5.0% | 0.79% | −0.25 |
| VTIP Vanguard Short-Term Tips | Reduce -6.3% | 0.59% | −0.21 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -15.8% | 0.43% | −0.19 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -3.2% | 0.92% | −0.19 |
| DFIV Dimensional International Va | Reduce -1.7% | 1.40% | −0.17 |
| QUAL iShares MSCI USA Quality Fac | Reduce -13.2% | 0.49% | −0.15 |
| SCHO Schwab Short-Term US Treas | Reduce -21.1% | 0.23% | −0.14 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -10.0% | 0.71% | −0.12 |
| VGIT Vanguard Intermediate-Term T | Reduce -19.4% | 0.21% | −0.12 |
| JNK SS SPDR BB High Yield Bond | Reduce -15.1% | 0.25% | −0.11 |
| IBTF iShares Ibonds Dec 2025 Term | Reduce -4.5% | 0.34% | −0.11 |
| IWD iShares Russell 1000 Value E | Reduce -20.8% | 0.24% | −0.11 |
| AVUS Avantis U.S. Equity ETF | Reduce -9.6% | 0.47% | −0.11 |
| IMTM iShares MSCI Intl Momentum F | Reduce -14.2% | 0.36% | −0.10 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -7.6% | 0.26% | −0.09 |
| GEM Goldman Sachs Activebeta Em | Reduce -15.7% | 0.34% | −0.09 |
| IWF iShares Russell 1000 Growth | Reduce -15.3% | 0.31% | −0.08 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -4.8% | 0.22% | −0.07 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -15.4% | 0.19% | −0.07 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.4% | 0.34% | −0.06 |
| ESGU iShares ESG Aware MSCI USA | Reduce -4.9% | 0.35% | −0.06 |
| HYGH iShares Int Rate Hedg HY ETF | Reduce -40.6% | 0.05% | −0.05 |
| IQLT iShares MSCI International Q | Reduce -15.9% | 0.15% | −0.05 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -5.3% | 0.16% | −0.05 |
| EFV iShares MSCI Eafe Value ETF | Reduce -4.9% | 0.24% | −0.04 |
| IJR iShares Core S&P Small-Cap E | Reduce -6.6% | 0.20% | −0.04 |
| EEMV iShares MSCI Emg MKT Min Vol | Reduce -14.4% | 0.12% | −0.04 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -5.6% | 0.11% | −0.04 |
| VXUS Vanguard Total Intl Stock | Reduce -2.1% | 0.32% | −0.04 |
| DOCS Doximity Inc. Class A | Reduce -11.6% | 0.12% | −0.04 |
| ITOT iShares Core S&P Total U.S. | Reduce -9.6% | 0.16% | −0.04 |
| PEP Pepsico Inc. | Reduce -2.0% | 0.08% | −0.03 |
| VSGX Vanguard ESG Intl Stock ETF | Reduce -8.4% | 0.16% | −0.03 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -19.6% | 0.07% | −0.03 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -4.4% | 0.10% | −0.03 |
| REET iShares Global REIT ETF | Reduce -21.9% | 0.06% | −0.03 |
| AVIG Avantis Core Fixed Income | Reduce -35.2% | 0.03% | −0.03 |
| ESGD iShares Trust iShares ESG Aw | Reduce -0.1% | 0.20% | −0.03 |
| DFAU Dimensional US Core Equity M | Reduce -8.5% | 0.11% | −0.02 |
| BUG Global X Cybersecurity ETF | Sold out | 0.00% | −0.02 |
| ZM Zoom Communications Inc. | Reduce -11.9% | 0.06% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -0.2% | 0.08% | −0.02 |
| GLD SPDR Gold Shares | Reduce -6.0% | 0.07% | −0.02 |
| RWO State Street SPDR Dow Jones | Reduce -27.7% | 0.03% | −0.02 |
| DFCA Dimensional Calfornia MB ETF | Sold out | 0.00% | −0.02 |
| DFAI Dimensional International Co. | Reduce -0.3% | 0.15% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| DFUS Dimensional US Eq MKT ETF | Add +64.5% | 2.15% | +0.71 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +287.8% | 0.85% | +0.60 |
| VONE Vanguard Russell 1000 | Add +66.2% | 1.60% | +0.54 |
| QQQ Invesco QQQ Trust Series 1 | Add +824.1% | 0.56% | +0.50 |
| DFUV Dimensional US Marketwide Va | Add +71.6% | 0.96% | +0.31 |
| GOOG Alphabet Inc. Class C | Add +643.6% | 0.36% | +0.30 |
| VBIL Vanguard 0-3M T-Bill ETF | New | 0.30% | +0.30 |
| DUHP Dimensional US High Profi Et | Add +33.1% | 1.85% | +0.29 |
| AVEM Avantis Emerging Markets Eq | Add +37.7% | 1.22% | +0.29 |
| DFGX Dimsnl Intr CF in ETF-Usd Inc. | Add +43.9% | 1.95% | +0.28 |
| AAPL Apple Inc. | Add +62.0% | 1.05% | +0.27 |
| JPST JPMorgan Ultra-Short Income | Add +954.9% | 0.28% | +0.25 |
| MA Mastercard Inc. Class A | Add +2387.9% | 0.25% | +0.24 |
| VYM Vanguard High DVD Yield ETF | Add +906.7% | 0.25% | +0.22 |
| VOOG Vanguard S&P 500 Growth ETF | New | 0.22% | +0.22 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +159.8% | 0.35% | +0.21 |
| AVDE Avantis International Equity | Add +32.4% | 1.08% | +0.19 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +311.2% | 0.20% | +0.15 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +61.9% | 0.64% | +0.14 |
| SPAB SS SPDR P Agg Bond ETF | Add +64.2% | 0.57% | +0.13 |
| GOOGL Alphabet Inc. Class A | Add +228.2% | 0.20% | +0.13 |
| JEPI JPMorgan Equity Premium Inco | New | 0.13% | +0.13 |
| AVLV Avantis US Large Cap Value | Add +68.4% | 0.38% | +0.12 |
| DFLV Dim US Large Cap Value ETF | Add +36.2% | 0.83% | +0.12 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +1572.2% | 0.13% | +0.12 |
| V Visa Inc. Class A | Add +422.9% | 0.15% | +0.12 |
| ISTB iShares Core 1-5 Year Usd Bo | Add +62.3% | 0.51% | +0.11 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +233.3% | 0.19% | +0.11 |
| PM Philip Morris International | Add +527.2% | 0.13% | +0.11 |
| MLM Martin Marietta Materials | New | 0.11% | +0.11 |
| DIHP Dimensional International Hi | Add +31.5% | 0.74% | +0.11 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +35.0% | 0.59% | +0.11 |
| SPHY SS SPDR P High Yield ETF | Add +87.5% | 0.30% | +0.10 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +37.1% | 0.53% | +0.10 |
| VOO Vanguard S&P 500 ETF | Add +33.5% | 0.55% | +0.09 |
| VONG Vanguard Russell 1000 Growth | Add +27.8% | 0.55% | +0.09 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | New | 0.08% | +0.08 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | New | 0.08% | +0.08 |
| SPIB SS SPDR P Int C Corp. ETF | Add +66.2% | 0.32% | +0.08 |
| DFIC Dimensional International Co. | Add +12.0% | 3.05% | +0.08 |
| JPM JPMorgan Chase & Co. | Add +75.5% | 0.18% | +0.07 |
| MDLZ Mondelez International Inc. Class A | Add +965.5% | 0.08% | +0.07 |
| BBAG JPMorgan Betabuilders US Agg | Add +167.2% | 0.13% | +0.07 |
| IAGG iShares Intl Aggregate Bond | Add +47.0% | 0.43% | +0.07 |
| IEFA iShares Core MSCI Eafe ETF | Add +20.8% | 0.71% | +0.05 |
| PH Parker Hannifin Corp. | Add +641.5% | 0.06% | +0.05 |
| AVUV Avantis US Small Cap Value | Add +58.1% | 0.16% | +0.05 |
| GLDM SPDR Gold Minishares Trust | Add +145.5% | 0.09% | +0.05 |
| NVDA Nvidia Corp. | Add +2.7% | 0.40% | +0.04 |
| DCOR Dimensional US Core Eq 1 ETF | New | 0.04% | +0.04 |
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 |