Apella Capital, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 21, 2026), Apella Capital, LLC reported 529 stock positions worth $5.1 billion. Its top holding was Dimensional US Core Equity 2 (DFAC) at 10.9% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 4.6%) and Dimensional Short Duration (DFSD, 4.3%). Compared with Q3 2025, it opened 66 new positions, sold out of 8, added to 315 and reduced 126. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +48%) and the biggest sale Vngrd Mrngstr MG Cap ETF-Usd (MGC, shares −16%).
- Most Recent 13F
- Q2 2026
- Location
- WEST HARTFORD, CT
- CIK
- 0001801507
- Portfolio Value
- $5.1B (Q4 2025)
- SEC Filing
- 0001801507-26-000004 ↗ filed Jan 21, 2026
Holdings Value
Holdings 529 stocks · $5.1B
| DFAC Dimensional US Core Equity 2 | 10.89% | 13,914,954 | $550.9M | Add +2.9% |
| VTI VG Morningstar TS MKT ETF-US | 4.56% | 688,831 | $230.9M | Add +48.1% |
| DFSD Dimensional Short Duration | 4.27% | 4,509,681 | $216.2M | Add +12.7% |
| DFIC Dimensional International Co. | 2.93% | 4,296,455 | $148.1M | Add +8.8% |
| BSV Vanguard Short-Term Bond ETF | 2.59% | 1,661,574 | $130.9M | Add +9.8% |
| BND Vanguard Total Bond Market | 2.42% | 1,653,788 | $122.5M | Add +2.9% |
| DFCF Dimensional Core Fixed Inc. | 2.19% | 2,604,385 | $110.8M | Add +12.9% |
| VEA Vanguard Ftse Developed ETF | 2.14% | 1,735,240 | $108.4M | Add +6.9% |
| DFGX Dimsnl Intr CF in ETF-Usd Inc. | 2.01% | 1,935,630 | $101.9M | Add +15.9% |
| VWO Vanguard Ftse Emerging Marke | 2.00% | 1,883,128 | $101.2M | Add +12.7% |
| DUHP Dimensional US High Profi Et | 1.95% | 2,598,242 | $98.8M | Add +12.8% |
| DFAT Dimensional US Target Value | 1.94% | 1,649,140 | $98.2M | Reduce -0.4% |
| DFUS Dimensional US Eq MKT ETF | 1.79% | 1,224,259 | $90.8M | Add +5.3% |
| VONE Vanguard Russell 1000 | 1.74% | 285,228 | $88.1M | Add +12.0% |
| AAPL Apple Inc. | 1.37% | 254,471 | $69.2M | Add +31.0% |
| AVEM Avantis Emerging Markets Eq | 1.30% | 854,577 | $65.8M | Add +10.8% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 1.20% | 241,091 | $60.6M | Reduce -16.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.14% | 84,439 | $57.6M | Add +6.5% |
| DFIV Dimensional International Va | 1.13% | 1,145,849 | $57.2M | Reduce -1.8% |
| AVDE Avantis International Equity | 1.11% | 682,150 | $56.2M | Add +7.9% |
| BNDX Vanguard Total Intl Bond ETF | 1.03% | 1,083,328 | $52.3M | Reduce -9.3% |
| MSFT Microsoft Corp. | 0.98% | 102,628 | $49.6M | Add +22.6% |
| DFEM Dimensional Emrg MRKT Core | 0.90% | 1,372,117 | $45.4M | Add +2.8% |
| DFLV Dim US Large Cap Value ETF | 0.89% | 1,318,903 | $45.1M | Add +11.9% |
| AVDV Avantis Intl S/C Value ETF | 0.87% | 470,399 | $44.2M | Add +5.3% |
| SUB iShares Short-Term National | 0.87% | 411,059 | $43.9M | Add +3.4% |
| VYM Vanguard High DVD Yield ETF | 0.82% | 289,443 | $41.5M | Add +3.2% |
| DIHP Dimensional International Hi | 0.80% | 1,280,570 | $40.5M | Add +13.2% |
| VOO Vanguard S&P 500 ETF | 0.79% | 64,050 | $40.2M | Add +12.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.79% | 447,787 | $40.1M | Add +9.3% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.78% | 814,422 | $39.7M | Add +15.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.78% | 135,255 | $39.3M | Add +4.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.77% | 204,929 | $39.1M | Add +0.2% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.76% | 826,561 | $38.5M | Add +24.8% |
| VOOG Vanguard S&P 500 Growth ETF | 0.74% | 84,491 | $37.6M | Add +0.3% |
| DFAX Dimensional World Ex US Core | 0.72% | 1,113,787 | $36.5M | Reduce -3.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.72% | 140,905 | $36.3M | Add +3.2% |
| SPAB SS SPDR P Agg Bond ETF | 0.68% | 1,336,604 | $34.4M | Add +24.6% |
| DFUV Dimensional US Marketwide Va | 0.68% | 738,218 | $34.4M | Reduce -10.2% |
| VONG Vanguard Russell 1000 Growth | 0.66% | 273,676 | $33.3M | Add +18.8% |
| MTUM iShares MSCI USA Momentum Fa | 0.66% | 132,937 | $33.3M | Reduce -12.9% |
| DFNM Dimensional National Muni BD | 0.65% | 681,896 | $32.8M | Add +3.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.62% | 394,423 | $31.4M | Add +7.4% |
| VCIT Vanguard Int-Term Corporate | 0.60% | 360,867 | $30.2M | Add +6.0% |
| ESGV Vanguard ESG US Stock ETF | 0.58% | 244,585 | $29.6M | Add +133.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.57% | 648,230 | $28.8M | Add +7.7% |
| SPHY SS SPDR P High Yield ETF | 0.55% | 1,181,289 | $28.0M | Add +65.6% |
| IAGG iShares Intl Aggregate Bond | 0.51% | 520,429 | $26.0M | Add +26.8% |
| IJH iShares Core S&P Midcap ETF | 0.48% | 366,904 | $24.2M | Add +11.9% |
| IWF iShares Russell 1000 Growth | 0.48% | 51,155 | $24.2M | Add +0.7% |
| VSS Vanguard Ftse All Wo X-US SC | 0.48% | 168,745 | $24.2M | Reduce -5.9% |
| JSCP JPMorgan Short Duration Core | 0.43% | 462,858 | $22.0M | Add +2.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.43% | 35,719 | $21.9M | Reduce -5.7% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.43% | 434,264 | $21.8M | Add +11.5% |
| EMB iShares JP Morgan Usd Emergi | 0.43% | 226,050 | $21.8M | Add +13.5% |
| AVLV Avantis US Large Cap Value | 0.42% | 281,549 | $21.3M | Add +12.6% |
| GOOG Alphabet Inc. Class C | 0.41% | 65,480 | $20.5M | Reduce -14.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.40% | 41,003 | $20.0M | Reduce -2.1% |
| VTIP Vanguard Short-Term Tips | 0.39% | 403,232 | $19.9M | Add +2.1% |
| JEPI JPMorgan Equity Premium Inco | 0.39% | 347,881 | $19.9M | Add +2.8% |
| MUB iShares National Muni Bond E | 0.38% | 181,727 | $19.5M | Add +7.3% |
| AVUS Avantis U.S. Equity ETF | 0.38% | 173,402 | $19.4M | Add +1.7% |
| NVDA Nvidia Corp. | 0.38% | 103,578 | $19.3M | Add +5.9% |
| SPIB SS SPDR P Int C Corp. ETF | 0.37% | 561,093 | $19.0M | Add +24.7% |
| IBTG iShares Ibonds Dec 2026 Term | 0.35% | 766,927 | $17.5M | Add +60.6% |
| BBAG JPMorgan Betabuilders US Agg | 0.34% | 368,751 | $17.1M | Add +0.7% |
| AVUV Avantis US Small Cap Value | 0.31% | 156,177 | $15.9M | Add +0.7% |
| QUAL iShares MSCI USA Quality Fac | 0.31% | 79,802 | $15.9M | Reduce -7.9% |
| VXUS Vanguard Total Intl Stock | 0.30% | 202,986 | $15.3M | Add +5.3% |
| IWD iShares Russell 1000 Value E | 0.30% | 71,858 | $15.1M | Reduce -1.9% |
| BIV Vanguard Intermediate-Term B | 0.30% | 192,483 | $15.0M | Add +2258.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.29% | 29,240 | $14.7M | Add +5.0% |
| IYY iShares Dow Jones U.S. ETF | 0.28% | 85,858 | $14.2M | New |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.28% | 128,579 | $14.2M | Add +1.9% |
| VIG Vanguard Dividend Apprec ETF | 0.27% | 61,809 | $13.6M | Reduce -0.7% |
| VGSH Vanguard Short-Term Treasury | 0.26% | 223,174 | $13.1M | Add +11.2% |
| IVW iShares S&P 500 Growth ETF | 0.26% | 105,220 | $13.0M | Reduce -1.2% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.25% | 72,598 | $12.9M | Add +2.6% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.25% | 60,684 | $12.9M | Reduce -6.7% |
| DFSU Dimensional US Sus CORE1 ETF | 0.25% | 294,691 | $12.8M | Add +18.6% |
| JCPB JPMorgan Core Plus Bond ETF | 0.25% | 262,335 | $12.4M | Add +12.7% |
| IEMG iShares Core MSCI Emerging | 0.24% | 179,969 | $12.1M | Reduce -4.0% |
| GOOGL Alphabet Inc. Class A | 0.23% | 37,976 | $11.9M | Reduce -14.6% |
| ESGU iShares ESG Aware MSCI USA | 0.23% | 79,606 | $11.9M | Reduce -6.0% |
| IMTM iShares MSCI Intl Momentum F | 0.22% | 235,416 | $11.3M | Reduce -7.7% |
| VSGX Vanguard ESG Intl Stock ETF | 0.22% | 156,741 | $11.2M | Add +85.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.22% | 118,822 | $11.2M | Reduce -15.8% |
| VBIL Vanguard 0-3M T-Bill ETF | 0.22% | 144,294 | $10.9M | Add +37.8% |
| GEM Goldman Sachs Activebeta Em | 0.21% | 260,903 | $10.9M | Reduce -10.5% |
| AMZN Amazon.com Inc. | 0.21% | 45,356 | $10.5M | Add +14.8% |
| EAGG iShares ESG Aware US Aggrega | 0.20% | 215,782 | $10.3M | Add +2.1% |
| IWV iShares Russell 3000 ETF | 0.20% | 26,542 | $10.3M | Add +328.6% |
| FBND Fidelity Total Bond ETF | 0.20% | 216,036 | $9.9M | Add +13.5% |
| USTB Victoryshares Short-Term Bon | 0.20% | 195,167 | $9.9M | Add +13.7% |
| MA Mastercard Inc. Class A | 0.20% | 17,371 | $9.9M | Add +4.1% |
| IJR iShares Core S&P Small-Cap E | 0.19% | 81,456 | $9.8M | Add +2.9% |
| IBB iShares Biotechnology ETF | 0.19% | 57,594 | $9.7M | New |
| DFAW Dimensional World Eqty ETF | 0.19% | 127,508 | $9.4M | Add +17.8% |
| DFSI Dimensional Int Sus COR1 ETF | 0.18% | 212,458 | $9.1M | Add +10.8% |
| VEU Vanguard Ftse All-World Ex-U | 0.18% | 121,875 | $9.0M | Add +237.0% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $28K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | 20,000 | $16K | No change |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 12,000 | $12K | No change |
Total filed on the 13F, all lines: $5.1B.
Portfolio Sells Q3 2025 → Q4 2025
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Reduce -16.5% | 1.20% | −0.36 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -9.3% | 1.03% | −0.29 |
| IBTF iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.25 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -12.9% | 0.66% | −0.20 |
| DFAT Dimensional US Target Value | Reduce -0.4% | 1.94% | −0.15 |
| DFUV Dimensional US Marketwide Va | Reduce -10.2% | 0.68% | −0.13 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -5.9% | 0.48% | −0.09 |
| DFAX Dimensional World Ex US Core | Reduce -3.8% | 0.72% | −0.09 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -5.7% | 0.43% | −0.07 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -15.8% | 0.22% | −0.07 |
| DFIV Dimensional International Va | Reduce -1.8% | 1.13% | −0.06 |
| QUAL iShares MSCI USA Quality Fac | Reduce -7.9% | 0.31% | −0.06 |
| GEM Goldman Sachs Activebeta Em | Reduce -10.5% | 0.21% | −0.05 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -2.1% | 0.40% | −0.05 |
| IMTM iShares MSCI Intl Momentum F | Reduce -7.7% | 0.22% | −0.05 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -11.9% | 0.16% | −0.04 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -6.7% | 0.25% | −0.04 |
| IEMG iShares Core MSCI Emerging | Reduce -4.0% | 0.24% | −0.04 |
| DOCS Doximity Inc. Class A | Reduce -0.0% | 0.05% | −0.04 |
| ESGU iShares ESG Aware MSCI USA | Reduce -6.0% | 0.23% | −0.04 |
| JNK SS SPDR BB High Yield Bond | Reduce -10.1% | 0.14% | −0.04 |
| GD General Dynamics Corp. | Reduce -7.2% | 0.18% | −0.03 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -14.5% | 0.11% | −0.03 |
| IWD iShares Russell 1000 Value E | Reduce -1.9% | 0.30% | −0.03 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.7% | 0.27% | −0.03 |
| SCHO Schwab Short-Term US Treas | Reduce -8.4% | 0.13% | −0.03 |
| MLM Martin Marietta Materials | Reduce -19.1% | 0.07% | −0.03 |
| EFV iShares MSCI Eafe Value ETF | Reduce -7.6% | 0.17% | −0.03 |
| IVW iShares S&P 500 Growth ETF | Reduce -1.2% | 0.26% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -31.5% | 0.03% | −0.03 |
| BCI Abrdn Bloomberg All Commodit | Reduce -8.5% | 0.07% | −0.03 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -19.4% | 0.06% | −0.03 |
| GOOG Alphabet Inc. Class C | Reduce -14.2% | 0.41% | −0.02 |
| IQLT iShares MSCI International Q | Reduce -11.8% | 0.08% | −0.02 |
| VGIT Vanguard Intermediate-Term T | Reduce -3.9% | 0.11% | −0.02 |
| EEMV iShares MSCI Emg MKT Min Vol | Reduce -10.9% | 0.07% | −0.02 |
| GLDM SPDR Gold Minishares Trust | Reduce -5.1% | 0.09% | −0.02 |
| ACWX iShares MSCI Acwi Ex US ETF | Reduce -0.3% | 0.14% | −0.02 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -4.7% | 0.08% | −0.02 |
| MCD McDonald's Corp. | Reduce -7.8% | 0.07% | −0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -14.6% | 0.23% | −0.01 |
| ARKK ARK Innovation ETF | Reduce -2.2% | 0.04% | −0.01 |
| HD Home Depot Inc. | Reduce -0.7% | 0.05% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Reduce -0.2% | 0.13% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -3.9% | 0.14% | −0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -2.8% | 0.07% | −0.01 |
| JPST JPMorgan Ultra-Short Income | Reduce -6.5% | 0.05% | −0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -41.4% | 0.01% | −0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -0.7% | 0.10% | −0.01 |
| PM Philip Morris International | Reduce -1.5% | 0.09% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| VTI VG Morningstar TS MKT ETF-US | Add +48.1% | 4.56% | +1.19 |
| ESGV Vanguard ESG US Stock ETF | Add +133.4% | 0.58% | +0.31 |
| AAPL Apple Inc. | Add +31.0% | 1.37% | +0.30 |
| BIV Vanguard Intermediate-Term B | Add +2258.0% | 0.30% | +0.28 |
| IYY iShares Dow Jones U.S. ETF | New | 0.28% | +0.28 |
| IBB iShares Biotechnology ETF | New | 0.19% | +0.19 |
| SPHY SS SPDR P High Yield ETF | Add +65.6% | 0.55% | +0.18 |
| IWV iShares Russell 3000 ETF | Add +328.6% | 0.20% | +0.15 |
| VEU Vanguard Ftse All-World Ex-U | Add +237.0% | 0.18% | +0.12 |
| VTEI Vanguard Int Tax-Exempt Bond | New | 0.10% | +0.10 |
| IBTG iShares Ibonds Dec 2026 Term | Add +60.6% | 0.35% | +0.10 |
| VTES Vanguard SH Term Tax-Ex Bond | New | 0.10% | +0.10 |
| VSGX Vanguard ESG Intl Stock ETF | Add +85.4% | 0.22% | +0.09 |
| PFXF Vaneck Pref Sec X-Financials | New | 0.09% | +0.09 |
| PFF iShares Preferred & Income S | Add +1655.2% | 0.09% | +0.08 |
| IGF iShares Global Infrastructur | New | 0.08% | +0.08 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +24.8% | 0.76% | +0.07 |
| IBTH iShares Ibonds Dec 2027 Term | Add +81.6% | 0.18% | +0.07 |
| GLD SPDR Gold Shares | Add +98.7% | 0.14% | +0.06 |
| SPAB SS SPDR P Agg Bond ETF | Add +24.6% | 0.68% | +0.06 |
| VWOB Vanguard Emerg MKTS Gov BND | Add +954.4% | 0.06% | +0.05 |
| MDY State Street SPDR S&P Midcap | Add +422.6% | 0.07% | +0.05 |
| VONG Vanguard Russell 1000 Growth | Add +18.8% | 0.66% | +0.04 |
| VONE Vanguard Russell 1000 | Add +12.0% | 1.74% | +0.04 |
| DFLV Dim US Large Cap Value ETF | Add +11.9% | 0.89% | +0.04 |
| IYW iShares Ustechnology ETF | New | 0.04% | +0.04 |
| IAGG iShares Intl Aggregate Bond | Add +26.8% | 0.51% | +0.04 |
| VT Vanguard Tot World STK ETF | Add +49.1% | 0.15% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +145.6% | 0.07% | +0.04 |
| VNQ Vanguard Real Estate ETF | Add +192.8% | 0.07% | +0.04 |
| VBIL Vanguard 0-3M T-Bill ETF | Add +37.8% | 0.22% | +0.04 |
| DRTS Alpha Tau Medical Ltd. | New | 0.04% | +0.04 |
| XERS Xeris Biopharma Holdings Inc. | Add +2359.0% | 0.04% | +0.04 |
| DFIC Dimensional International Co. | Add +8.8% | 2.93% | +0.04 |
| SPIB SS SPDR P Int C Corp. ETF | Add +24.7% | 0.37% | +0.03 |
| TYL Tyler Technologies Inc. | New | 0.03% | +0.03 |
| DUHP Dimensional US High Profi Et | Add +12.8% | 1.95% | +0.03 |
| LLY Eli Lilly & Co. | Add +51.8% | 0.07% | +0.03 |
| MSFT Microsoft Corp. | Add +22.6% | 0.98% | +0.03 |
| IWM iShares Russell 2000 ETF | Add +60.5% | 0.09% | +0.03 |
| DFAI Dimensional International Co. | Add +29.5% | 0.15% | +0.03 |
| AVLV Avantis US Large Cap Value | Add +12.6% | 0.42% | +0.03 |
| DFAE Dimensional Emerging Core Eq | Add +48.8% | 0.10% | +0.03 |
| DIHP Dimensional International Hi | Add +13.2% | 0.80% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +12.4% | 0.79% | +0.02 |
| DFSU Dimensional US Sus CORE1 ETF | Add +18.6% | 0.25% | +0.02 |
| XLK SS Technology Select Sector | Add +161.7% | 0.04% | +0.02 |
| CGW Invesco S&P Global Water Ind | New | 0.02% | +0.02 |
| IYH iShares U.S. Healthcare ETF | New | 0.02% | +0.02 |
| IBTI iShares Ibonds Dec 2028 Term | Add +51.5% | 0.07% | +0.02 |
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 |