Applied Capital LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 16, 2026), Applied Capital LLC reported 52 stock positions worth $259.8 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 20.6% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 13.4%) and Vanguard Ftse Developed ETF (VEA, 8.0%). Compared with Q3 2025, it opened 5 new positions, sold out of 1, added to 26 and reduced 18. The biggest buy was Dimensional GLBL Core PL Fix (DFGP, shares +27%) and the biggest sale Dimension Ultrashort Fi ETF (DUSB, shares −32%).
- Most Recent 13F
- Q2 2026
- Location
- LITTLE ROCK, AR
- CIK
- 0001862965
- Portfolio Value
- $259.8M (Q4 2025)
- SEC Filing
- 0001862965-26-000002 ↗ filed Jan 16, 2026
Holdings Value
Holdings 52 stocks · $259.8M
| DFAC Dimensional US Core Equity 2 | 20.59% | 1,351,505 | $53.5M | Add +1.9% |
| VOO Vanguard S&P 500 ETF | 13.37% | 55,409 | $34.7M | Add +2.5% |
| VEA Vanguard Ftse Developed ETF | 7.99% | 332,339 | $20.8M | Add +2.3% |
| VTI VG Morningstar TS MKT ETF-US | 7.45% | 57,706 | $19.3M | Add +0.3% |
| DFIC Dimensional International Co. | 6.14% | 463,250 | $16.0M | Add +1.1% |
| VXF Vanguard Extended Market ETF | 5.36% | 66,568 | $13.9M | Add +2.1% |
| BNDW Vanguard Total World Bond Et | 5.03% | 190,325 | $13.1M | Add +7.8% |
| DUHP Dimensional US High Profi Et | 4.94% | 337,545 | $12.8M | Add +2.1% |
| VXUS Vanguard Total Intl Stock | 4.36% | 150,088 | $11.3M | Add +1.0% |
| VWO Vanguard Ftse Emerging Marke | 3.24% | 156,501 | $8.4M | Add +2.9% |
| DFCF Dimensional Core Fixed Inc. | 1.96% | 119,597 | $5.1M | Add +11.2% |
| DIHP Dimensional International Hi | 1.86% | 152,358 | $4.8M | Reduce -0.2% |
| DFGP Dimensional GLBL Core PL Fix | 1.80% | 86,529 | $4.7M | Add +26.6% |
| DUSB Dimension Ultrashort Fi ETF | 1.15% | 59,020 | $3.0M | Reduce -31.7% |
| DFAT Dimensional US Target Value | 1.07% | 46,620 | $2.8M | No change |
| BALT Inn Defined Wealth Shield | 0.99% | 76,460 | $2.6M | Add +30.5% |
| DEXC Dimensional Em Ex Cce ETF | 0.94% | 40,553 | $2.5M | Add +2.5% |
| VUSB Vanguard Ultra Short Bond Et | 0.91% | 47,457 | $2.4M | Add +46.9% |
| DFAR Dimensional US Real Est ETF | 0.84% | 95,834 | $2.2M | Add +7.6% |
| DFAX Dimensional World Ex US Core | 0.75% | 59,734 | $2.0M | Reduce -0.6% |
| DFIV Dimensional International Va | 0.75% | 38,926 | $1.9M | No change |
| DEHP Dimensional Emrg MRK Hi Prof | 0.69% | 55,548 | $1.8M | Reduce -3.3% |
| DFEV Dimensional Emrg MRKT Val | 0.66% | 50,695 | $1.7M | Reduce -1.7% |
| DFEM Dimensional Emrg MRKT Core | 0.66% | 51,578 | $1.7M | Reduce -1.2% |
| DFUS Dimensional US Eq MKT ETF | 0.61% | 21,352 | $1.6M | Reduce -0.4% |
| DFUV Dimensional US Marketwide Va | 0.56% | 31,235 | $1.5M | Reduce -0.5% |
| BND Vanguard Total Bond Market | 0.53% | 18,708 | $1.4M | Reduce -1.7% |
| VGSH Vanguard Short-Term Treasury | 0.47% | 20,573 | $1.2M | Reduce -10.2% |
| FTEC Fidelity MSCI Info Tech Indx | 0.42% | 4,912 | $1.1M | Add +4.9% |
| DFSD Dimensional Short Duration | 0.42% | 22,544 | $1.1M | Reduce -7.3% |
| DXUV Dimensional US Vtor Eqty ETF | 0.35% | 15,166 | $907K | Add +5.3% |
| ICSH iShares Ultra Short Duration | 0.25% | 12,878 | $651K | Add +17.7% |
| DFIP Dimensional Inflation-Protec | 0.24% | 15,299 | $636K | Add +0.5% |
| AVXC Avantis Emg MKT Ex China ETF | 0.24% | 9,801 | $625K | Reduce -4.4% |
| BUFF Innovator Laddered Allocatio | 0.20% | 10,597 | $528K | Add +27.5% |
| CPSL Calm Lad S&P 500 STR A P ETF | 0.19% | 18,211 | $495K | Reduce -9.3% |
| PULS Pgim Ultra Short Bond ETF | 0.19% | 9,714 | $482K | Reduce -33.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.18% | 777 | $477K | Reduce -18.3% |
| VT Vanguard Tot World STK ETF | 0.17% | 3,045 | $430K | Add +6.6% |
| BNDX Vanguard Total Intl Bond ETF | 0.16% | 8,807 | $426K | Reduce -1.8% |
| DXIV Dimensional Intr Vtor E ETF | 0.16% | 6,448 | $420K | Add +4.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.15% | 2,062 | $394K | No change |
| MSFT Microsoft Corp. | 0.15% | 791 | $383K | Add +12.8% |
| META Meta Platforms Inc. Class A | 0.13% | 496 | $327K | Add +7.4% |
| AAPL Apple Inc. | 0.12% | 1,181 | $321K | Add +16.7% |
| ANGL Vaneck Fallen Angel High YLD | 0.11% | 9,925 | $291K | New |
| AJUL Invtr Eq DP ETF-2Y-JULY28-Ui | 0.09% | 8,413 | $245K | Reduce -3.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.09% | 350 | $239K | Reduce -17.8% |
| NVDA Nvidia Corp. | 0.09% | 1,217 | $227K | New |
| AMZN Amazon.com Inc. | 0.08% | 939 | $217K | New |
| CAT Caterpillar Inc. | 0.08% | 351 | $201K | New |
| BPRE Bluerock Private Real Estate | 0.06% | 10,937 | $164K | New |
Portfolio Sells Q3 2025 → Q4 2025
| DUSB Dimension Ultrashort Fi ETF | Reduce -31.7% | 1.15% | −0.62 |
| PULS Pgim Ultra Short Bond ETF | Reduce -33.5% | 0.19% | −0.11 |
| ZAUG Innov Eq Protect ETF - 1 Aug | Sold out | 0.00% | −0.08 |
| VGSH Vanguard Short-Term Treasury | Reduce -10.2% | 0.47% | −0.08 |
| DFSD Dimensional Short Duration | Reduce -7.3% | 0.42% | −0.06 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -18.3% | 0.18% | −0.05 |
| BND Vanguard Total Bond Market | Reduce -1.7% | 0.53% | −0.04 |
| CPSL Calm Lad S&P 500 STR A P ETF | Reduce -9.3% | 0.19% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -17.8% | 0.09% | −0.02 |
| DFEM Dimensional Emrg MRKT Core | Reduce -1.2% | 0.66% | −0.02 |
| DEHP Dimensional Emrg MRK Hi Prof | Reduce -3.3% | 0.69% | −0.02 |
| DFUS Dimensional US Eq MKT ETF | Reduce -0.4% | 0.61% | −0.02 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -1.8% | 0.16% | −0.01 |
| DIHP Dimensional International Hi | Reduce -0.2% | 1.86% | −0.01 |
| DFAX Dimensional World Ex US Core | Reduce -0.6% | 0.75% | −0.01 |
| AVXC Avantis Emg MKT Ex China ETF | Reduce -4.4% | 0.24% | −0.01 |
| AJUL Invtr Eq DP ETF-2Y-JULY28-Ui | Reduce -3.2% | 0.09% | −0.01 |
| DFUV Dimensional US Marketwide Va | Reduce -0.5% | 0.56% | −0.01 |
| DFEV Dimensional Emrg MRKT Val | Reduce -1.7% | 0.66% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| DFGP Dimensional GLBL Core PL Fix | Add +26.6% | 1.80% | +0.27 |
| VUSB Vanguard Ultra Short Bond Et | Add +46.9% | 0.91% | +0.26 |
| BALT Inn Defined Wealth Shield | Add +30.5% | 0.99% | +0.21 |
| VEA Vanguard Ftse Developed ETF | Add +2.3% | 7.99% | +0.14 |
| ANGL Vaneck Fallen Angel High YLD | New | 0.11% | +0.11 |
| DFCF Dimensional Core Fixed Inc. | Add +11.2% | 1.96% | +0.11 |
| NVDA Nvidia Corp. | New | 0.09% | +0.09 |
| DFIC Dimensional International Co. | Add +1.1% | 6.14% | +0.09 |
| AMZN Amazon.com Inc. | New | 0.08% | +0.08 |
| BNDW Vanguard Total World Bond Et | Add +7.8% | 5.03% | +0.08 |
| CAT Caterpillar Inc. | New | 0.08% | +0.08 |
| BPRE Bluerock Private Real Estate | New | 0.06% | +0.06 |
| DEXC Dimensional Em Ex Cce ETF | Add +2.5% | 0.94% | +0.04 |
| BUFF Innovator Laddered Allocatio | Add +27.5% | 0.20% | +0.04 |
| VOO Vanguard S&P 500 ETF | Add +2.5% | 13.37% | +0.03 |
| ICSH iShares Ultra Short Duration | Add +17.7% | 0.25% | +0.03 |
| AAPL Apple Inc. | Add +16.7% | 0.12% | +0.02 |
| DXUV Dimensional US Vtor Eqty ETF | Add +5.3% | 0.35% | +0.01 |
| DXIV Dimensional Intr Vtor E ETF | Add +4.2% | 0.16% | +0.01 |
| VT Vanguard Tot World STK ETF | Add +6.6% | 0.17% | +0.01 |
| FTEC Fidelity MSCI Info Tech Indx | Add +4.9% | 0.42% | +0.01 |
| MSFT Microsoft Corp. | Add +12.8% | 0.15% | +0.00 |
| META Meta Platforms Inc. Class A | Add +7.4% | 0.13% | −0.01 |
| DFAR Dimensional US Real Est ETF | Add +7.6% | 0.84% | −0.01 |
| DFIP Dimensional Inflation-Protec | Add +0.5% | 0.24% | −0.01 |
| DFAC Dimensional US Core Equity 2 | Add +1.9% | 20.59% | −0.02 |
| VXUS Vanguard Total Intl Stock | Add +1.0% | 4.36% | −0.04 |
| VWO Vanguard Ftse Emerging Marke | Add +2.9% | 3.24% | −0.08 |
| DUHP Dimensional US High Profi Et | Add +2.1% | 4.94% | −0.09 |
| VXF Vanguard Extended Market ETF | Add +2.1% | 5.36% | −0.14 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.3% | 7.45% | −0.17 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 53 | $310.4M | DFAC, VOO, VEA, VTI, VXF |
| Q1 2026 | 50 | $267.9M | DFAC, VOO, VEA, VTI, DFIC |
| Q4 2025 | 52 | $259.8M | DFAC, VOO, VEA, VTI, DFIC |
| Q3 2025 | 48 | $248.2M | DFAC, VOO, VEA, VTI, DFIC |
| Q2 2025 | 46 | $227.3M | DFAC, VOO, VEA, VTI, DFIC |
| Q1 2025 | 47 | $203.8M | DFAC, VOO, VEA, VTI, DFIC |
| Q4 2024 | 47 | $194.8M | DFAC, VOO, VTI, VEA, DFIC |
| Q3 2024 | 46 | $194.5M | DFAC, VOO, VTI, VEA, DFIC |
| Q2 2024 | 38 | $174.3M | DFAC, VOO, VTI, VEA, DFIC |
| Q1 2024 | 39 | $168.5M | DFAC, VOO, VTI, VEA, DFIC |