Aspiriant, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 17, 2024), Aspiriant, LLC reported 290 stock positions worth $2.6 billion. Its top holding was iShares MSCI Global Min Vol (ACWV) at 10.5% of the portfolio, followed by iShares Core S&P U.S. Value (IUSV, 10.4%) and Vanguard Tax-Exempt Bond ETF (VTEB, 10.1%). Compared with Q2 2024, it opened 28 new positions, sold out of 17, added to 96 and reduced 119. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +8%) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- San Francisco, CA
- CIK
- 0001433541
- Portfolio Value
- $2.6B (Q3 2024)
- SEC Filing
- 0001172661-24-004292 ↗ filed Oct 17, 2024
Holdings Value
Holdings 290 stocks · $2.6B
| ACWV iShares MSCI Global Min Vol | 10.49% | 2,413,437 | $276.4M | Add +0.1% |
| IUSV iShares Core S&P U.S. Value | 10.40% | 2,869,906 | $274.0M | Add +0.3% |
| VTEB Vanguard Tax-Exempt Bond ETF | 10.08% | 5,193,824 | $265.5M | Reduce -0.5% |
| IVV iShares Core S&P 500 ETF | 9.64% | 440,131 | $253.9M | Add +7.9% |
| VIG Vanguard Dividend Apprec ETF | 7.28% | 968,782 | $191.9M | Add +0.0% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 6.56% | 861,225 | $172.9M | Add +4.9% |
| VOO Vanguard S&P 500 ETF | 3.07% | 153,207 | $80.8M | Add +0.8% |
| AAPL Apple Inc. | 2.69% | 304,551 | $71.0M | Reduce -0.6% |
| EFV iShares MSCI Eafe Value ETF | 2.57% | 1,176,253 | $67.7M | Reduce -0.2% |
| IEMG iShares Core MSCI Emerging | 2.14% | 982,853 | $56.4M | Reduce -0.2% |
| IEFA iShares Core MSCI Eafe ETF | 1.64% | 553,753 | $43.2M | Add +10.0% |
| BND Vanguard Total Bond Market | 1.43% | 501,386 | $37.7M | Add +3.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.32% | 60,452 | $34.7M | Add +0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.13% | 64,878 | $29.9M | Reduce -2.5% |
| DFUV Dimensional US Marketwide Va | 1.11% | 698,286 | $29.1M | Reduce -1.6% |
| AOR iShares Core 60/40 Balanced | 1.00% | 444,445 | $26.3M | Reduce -0.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.98% | 91,543 | $25.9M | Reduce -0.8% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 0.87% | 708,816 | $22.9M | Reduce -2.4% |
| IWB iShares Russell 1000 ETF | 0.81% | 67,864 | $21.3M | Add +0.2% |
| DEM Wisdomtree Emerging Markets | 0.78% | 466,304 | $20.5M | Reduce -4.8% |
| VEU Vanguard Ftse All-World Ex-U | 0.78% | 324,521 | $20.4M | Add +0.1% |
| MUB iShares National Muni Bond E | 0.77% | 187,824 | $20.4M | Reduce -3.2% |
| DFAX Dimensional World Ex US Core | 0.75% | 735,212 | $19.9M | Add +161.7% |
| MSFT Microsoft Corp. | 0.75% | 45,728 | $19.7M | Reduce -0.0% |
| CRBN Ish Low Car Opt Ms Ac ETF-US | 0.74% | 99,840 | $19.6M | Reduce -6.6% |
| FBND Fidelity Total Bond ETF | 0.69% | 391,050 | $18.3M | Add +2.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.59% | 89,243 | $15.6M | Reduce -0.8% |
| IWN iShares Russell 2000 Value E | 0.53% | 84,282 | $14.1M | Reduce -5.5% |
| VSS Vanguard Ftse All Wo X-US SC | 0.52% | 109,378 | $13.8M | Reduce -0.2% |
| GOOGL Alphabet Inc. Class A | 0.50% | 79,369 | $13.2M | Reduce -1.5% |
| XLF SS Financial Select Sector | 0.48% | 279,046 | $12.6M | No change |
| VGT Vanguard Info Tech ETF | 0.48% | 21,463 | $12.6M | Reduce -0.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.43% | 47,753 | $11.3M | Add +12.7% |
| AGG iShares Core U.S. Aggregate | 0.43% | 110,846 | $11.2M | Add +2.7% |
| IWM iShares Russell 2000 ETF | 0.39% | 46,772 | $10.3M | Add +4.4% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.38% | 131,390 | $10.1M | Reduce -1.3% |
| DFAC Dimensional US Core Equity 2 | 0.37% | 282,026 | $9.7M | Reduce -0.2% |
| DFAT Dimensional US Target Value | 0.36% | 171,748 | $9.6M | Reduce -0.5% |
| USMV iShares MSCI USA Min Vol Fac | 0.36% | 104,321 | $9.5M | Reduce -0.1% |
| IWV iShares Russell 3000 ETF | 0.32% | 26,056 | $8.5M | Reduce -1.2% |
| DFIV Dimensional International Va | 0.31% | 211,215 | $8.0M | Reduce -2.4% |
| VEA Vanguard Ftse Developed ETF | 0.29% | 145,183 | $7.7M | Add +2.2% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.28% | 199,190 | $7.4M | Add +0.1% |
| DFAS Dimensional US Small Cap ETF | 0.28% | 114,218 | $7.4M | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 0.28% | 43,579 | $7.3M | Add +2.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.26% | 10 | $6.9M | No change |
| META Meta Platforms Inc. Class A | 0.26% | 12,053 | $6.9M | Add +1.9% |
| IWD iShares Russell 1000 Value E | 0.25% | 34,723 | $6.6M | Add +1.4% |
| QAI Nylim HDG MLT-STR TRC ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 0.24% | 194,532 | $6.2M | Add +1.1% |
| SCHX Schwab US Large-Cap ETF | 0.22% | 85,662 | $5.8M | Add +1.1% |
| AMZN Amazon.com Inc. | 0.21% | 29,863 | $5.6M | Add +0.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.21% | 14,334 | $5.5M | Add +2.1% |
| JPM JPMorgan Chase & Co. | 0.20% | 25,216 | $5.3M | Add +2.6% |
| PG The Procter & Gamble Co. | 0.20% | 30,566 | $5.3M | Add +6.0% |
| VWO Vanguard Ftse Emerging Marke | 0.19% | 102,679 | $4.9M | Reduce -1.0% |
| CINF Cincinnati Financial Corp. | 0.17% | 33,214 | $4.5M | Add +0.0% |
| IYY iShares Dow Jones U.S. ETF | 0.16% | 29,744 | $4.2M | No change |
| IJH iShares Core S&P Midcap ETF | 0.16% | 65,706 | $4.1M | Reduce -8.2% |
| VOTE TCW Transform 500 ETF | 0.15% | 60,493 | $4.1M | Add +213.2% |
| RSP Invesco S&P 500 Equal Weight | 0.15% | 22,338 | $4.0M | Reduce -14.9% |
| EFA iShares MSCI Eafe ETF | 0.15% | 47,530 | $4.0M | Reduce -0.6% |
| VNQ Vanguard Real Estate ETF | 0.15% | 39,895 | $3.9M | Reduce -0.0% |
| MNA Nylim Merger Arbtrage ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 0.15% | 117,759 | $3.9M | Add +1.6% |
| SCZ iShares MSCI Eafe Small-Cap | 0.15% | 57,189 | $3.9M | Reduce -3.0% |
| RY Royal Bank of Canada | 0.15% | 30,708 | $3.8M | Reduce -0.2% |
| JNJ Johnson & Johnson | 0.14% | 23,211 | $3.8M | Add +9.9% |
| IUSG iShares Core S&P U.S. Growth | 0.14% | 27,787 | $3.7M | Add +0.1% |
| IWF iShares Russell 1000 Growth | 0.14% | 9,742 | $3.7M | Add +14.9% |
| VONV Vanguard Russell 1000 Value | 0.13% | 41,128 | $3.4M | Reduce -0.7% |
| ORCL Oracle Corp. | 0.13% | 19,989 | $3.4M | Reduce -0.3% |
| DLN Wisdomtree US Largecap Divid | 0.13% | 42,339 | $3.3M | No change |
| BILL Bill Holdings Inc. | 0.12% | 62,105 | $3.3M | Reduce -76.3% |
| IWR iShares Russell Mid-Cap ETF | 0.12% | 36,379 | $3.2M | No change |
| PEP Pepsico Inc. | 0.12% | 18,389 | $3.1M | Reduce -1.3% |
| VIOV Vanguard S&P Small-Cap 600 V | 0.12% | 33,233 | $3.1M | Reduce -1.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.11% | 25,374 | $3.0M | Reduce -1.8% |
| ITOT iShares Core S&P Total U.S. | 0.11% | 23,325 | $2.9M | No change |
| IJR iShares Core S&P Small-Cap E | 0.11% | 24,949 | $2.9M | Add +6.0% |
| TDG Transdigm Group Inc. | 0.11% | 2,001 | $2.9M | New |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.11% | 10,812 | $2.8M | Add +2.3% |
| XOM Exxon Mobil Corp. | 0.11% | 24,124 | $2.8M | Add +6.6% |
| ACWI iShares MSCI Acwi ETF | 0.10% | 22,716 | $2.7M | Reduce -82.6% |
| NVDA Nvidia Corp. | 0.10% | 21,958 | $2.7M | Add +13.0% |
| QCOM Qualcomm Inc. | 0.10% | 15,585 | $2.7M | Reduce -0.3% |
| UNH Unitedhealth Group Inc. | 0.10% | 4,482 | $2.6M | Add +4.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.10% | 5,242 | $2.6M | Reduce -40.4% |
| HD Home Depot Inc. | 0.09% | 6,017 | $2.4M | Add +7.7% |
| CVX Chevron Corp. | 0.09% | 16,487 | $2.4M | Add +6.6% |
| ABT Abbott Laboratories | 0.09% | 20,318 | $2.3M | Reduce -0.2% |
| SDY SS SPDR S&P Dividend ETF | 0.08% | 15,564 | $2.2M | No change |
| SDG Ish MSCI Glob Sust Deve Goal | 0.08% | 25,744 | $2.2M | Add +14.2% |
| VNQI Vanguard GLBL Ex-US Real Est | 0.08% | 45,844 | $2.2M | Reduce -0.1% |
| SHV iShares 0-1 Year Treasury Bo | 0.08% | 19,288 | $2.1M | Add +2.4% |
| EEM iShares MSCI Emerging Market | 0.08% | 46,410 | $2.1M | Reduce -1.9% |
| PWRD TCW Transform Systems ETF | 0.08% | 27,350 | $2.0M | New |
| UNP Union Pacific Corp. | 0.07% | 7,912 | $2.0M | Reduce -0.1% |
| AVGO Broadcom Inc. | 0.07% | 10,805 | $1.9M | Add +30.5% |
| MDY State Street SPDR S&P Midcap | 0.07% | 3,221 | $1.8M | Reduce -0.3% |
| LOW Lowe's Cos Inc. | 0.07% | 6,647 | $1.8M | Add +1.1% |
| TSLA Tesla Inc. | 0.07% | 6,758 | $1.8M | Reduce -1.4% |
Options reported separately and not counted above: BRK.B calls ($460K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $365K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 13,980 | $365K | No change |
Total filed on the 13F, all lines: $2.6B.
Portfolio Sells Q2 2024 → Q3 2024
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -0.5% | 10.08% | −0.59 |
| ACWI iShares MSCI Acwi ETF | Reduce -82.6% | 0.10% | −0.50 |
| BILL Bill Holdings Inc. | Reduce -76.3% | 0.12% | −0.44 |
| LLY Eli Lilly & Co. | Reduce -80.1% | 0.03% | −0.12 |
| GOOGL Alphabet Inc. Class A | Reduce -1.5% | 0.50% | −0.10 |
| MSFT Microsoft Corp. | Reduce -0.0% | 0.75% | −0.09 |
| DEM Wisdomtree Emerging Markets | Reduce -4.8% | 0.78% | −0.09 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -40.4% | 0.10% | −0.07 |
| MUB iShares National Muni Bond E | Reduce -3.2% | 0.77% | −0.07 |
| CRBN Ish Low Car Opt Ms Ac ETF-US | Reduce -6.6% | 0.74% | −0.06 |
| IVW iShares S&P 500 Growth ETF | Sold out | 0.00% | −0.04 |
| IYR iShares US Real Estate ETF | Sold out | 0.00% | −0.04 |
| PPA Invesco Aerospace & Defense | Sold out | 0.00% | −0.03 |
| DFUV Dimensional US Marketwide Va | Reduce -1.6% | 1.11% | −0.03 |
| ISTB iShares Core 1-5 Year Usd Bo | Sold out | 0.00% | −0.03 |
| AOR iShares Core 60/40 Balanced | Reduce -0.7% | 1.00% | −0.03 |
| VGT Vanguard Info Tech ETF | Reduce -0.4% | 0.48% | −0.03 |
| VIS Vanguard Industrials ETF | Sold out | 0.00% | −0.03 |
| QCOM Qualcomm Inc. | Reduce -0.3% | 0.10% | −0.03 |
| FDN First Trust DJ Internet Ind | Sold out | 0.00% | −0.02 |
| RSP Invesco S&P 500 Equal Weight | Reduce -14.9% | 0.15% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.8% | 0.98% | −0.02 |
| PPH Vaneck Pharmaceutical ETF | Sold out | 0.00% | −0.02 |
| CRM Salesforce Inc. | Reduce -22.9% | 0.07% | −0.02 |
| IWN iShares Russell 2000 Value E | Reduce -5.5% | 0.53% | −0.02 |
| AMAT Applied Materials Inc. | Reduce -16.5% | 0.04% | −0.02 |
| SGOV iShares 0-3 Month Treasury B | Reduce -33.9% | 0.03% | −0.02 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -38.1% | 0.03% | −0.02 |
| SUSA iShares ESG Optimized MSCI U | Sold out | 0.00% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -8.2% | 0.16% | −0.02 |
| SCHW Schwab (charles) Corp. | Reduce -1.9% | 0.06% | −0.02 |
| SCHF Schwab Intl Equity ETF | Sold out | 0.00% | −0.02 |
| BSV Vanguard Short-Term Bond ETF | Reduce -19.7% | 0.05% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -3.4% | 0.07% | −0.01 |
| RPG Invesco S&P 500 Pure Growth | Sold out | 0.00% | −0.01 |
| MCK McKesson Corp. | Sold out | 0.00% | −0.01 |
| MPC Marathon Petroleum Corp. | Reduce -11.5% | 0.04% | −0.01 |
| BLK BlackRock Finance Inc. | Sold out | 0.00% | −0.01 |
| DFIV Dimensional International Va | Reduce -2.4% | 0.31% | −0.01 |
| ESTC Elastic NV | Reduce -29.2% | 0.01% | −0.01 |
| SCHA Schwab US Small-Cap ETF | Sold out | 0.00% | −0.01 |
| ADBE Adobe Inc. | Reduce -6.6% | 0.05% | −0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -10.2% | 0.02% | −0.01 |
| PM Philip Morris International | Sold out | 0.00% | −0.01 |
| IWV iShares Russell 3000 ETF | Reduce -1.2% | 0.32% | −0.01 |
| IEMG iShares Core MSCI Emerging | Reduce -0.2% | 2.14% | −0.01 |
| NET Cloudflare Inc. Class A | Reduce -21.8% | 0.02% | −0.01 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.01 |
| MKL Markel Group Inc. | Sold out | 0.00% | −0.01 |
| GS Goldman Sachs Group Inc. | Reduce -32.5% | 0.02% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| IVV iShares Core S&P 500 ETF | Add +7.9% | 9.64% | +0.54 |
| DFAX Dimensional World Ex US Core | Add +161.7% | 0.75% | +0.46 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +4.9% | 6.56% | +0.45 |
| ACWV iShares MSCI Global Min Vol | Add +0.1% | 10.49% | +0.21 |
| IEFA iShares Core MSCI Eafe ETF | Add +10.0% | 1.64% | +0.15 |
| IUSV iShares Core S&P U.S. Value | Add +0.3% | 10.40% | +0.12 |
| TDG Transdigm Group Inc. | New | 0.11% | +0.11 |
| VOTE TCW Transform 500 ETF | Add +213.2% | 0.15% | +0.10 |
| PWRD TCW Transform Systems ETF | New | 0.08% | +0.08 |
| VIG Vanguard Dividend Apprec ETF | Add +0.0% | 7.28% | +0.07 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +12.7% | 0.43% | +0.05 |
| HOOD Robinhood Markets Inc. Class A | New | 0.04% | +0.04 |
| IWM iShares Russell 2000 ETF | Add +4.4% | 0.39% | +0.02 |
| META Meta Platforms Inc. Class A | Add +1.9% | 0.26% | +0.02 |
| JNJ Johnson & Johnson | Add +9.9% | 0.14% | +0.02 |
| AVGO Broadcom Inc. | Add +30.5% | 0.07% | +0.02 |
| SCHG Schwab US Large-Cap Growth | New | 0.01% | +0.01 |
| HD Home Depot Inc. | Add +7.7% | 0.09% | +0.01 |
| SDG Ish MSCI Glob Sust Deve Goal | Add +14.2% | 0.08% | +0.01 |
| GEV GE Vernova Inc. | New | 0.01% | +0.01 |
| ADP Automatic Data Processing | Add +98.0% | 0.02% | +0.01 |
| IWF iShares Russell 1000 Growth | Add +14.9% | 0.14% | +0.01 |
| COUR Coursera Inc. | New | 0.01% | +0.01 |
| KO The Coca-Cola Co. | Add +30.2% | 0.05% | +0.01 |
| CINF Cincinnati Financial Corp. | Add +0.0% | 0.17% | +0.01 |
| NOW ServiceNow Inc. | New | 0.01% | +0.01 |
| GE General Electric | Add +22.1% | 0.04% | +0.01 |
| UPS United Parcel Service Class B | New | 0.01% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +4.0% | 0.10% | +0.01 |
| MDLZ Mondelez International Inc. Class A | New | 0.01% | +0.01 |
| LOW Lowe's Cos Inc. | Add +1.1% | 0.07% | +0.01 |
| BEP Brookfield Renewable Partner | New | 0.01% | +0.01 |
| DEO Diageo PLC-Sponsored ADR | New | 0.01% | +0.01 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.01% | +0.01 |
| ICE Intercontinental Exchange Inc. | New | 0.01% | +0.01 |
| PEG Public Service Enterprise GP | New | 0.01% | +0.01 |
| AMT American Tower Corp. | New | 0.01% | +0.01 |
| ENB Enbridge Inc. | New | 0.01% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +6.0% | 0.11% | +0.01 |
| SRE Sempra | New | 0.01% | +0.01 |
| KVUE Kenvue Inc. | New | 0.01% | +0.01 |
| GWX State Street SPDR S&P Intern | New | 0.01% | +0.01 |
| FNDX Schwab Fndmntl US LRG Co. ETF | New | 0.01% | +0.01 |
| VYM Vanguard High DVD Yield ETF | Add +18.8% | 0.05% | +0.01 |
| O Realty Income Corp. | New | 0.01% | +0.01 |
| NEE Nextera Energy Inc. | Add +21.8% | 0.03% | +0.01 |
| FLOT iShares Floating Rate Bond E | New | 0.01% | +0.01 |
| AFRM Affirm Holdings Inc. | New | 0.01% | +0.01 |
| EFG iShares MSCI Eafe Growth ETF | New | 0.01% | +0.01 |
| CLX Clorox Company | New | 0.01% | +0.01 |
Options Activity Q2 2024 → Q3 2024
| BRK.B Berkshire Hathaway Inc. Class B | call | Reduce -50.0% | 1,000 | $460K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 399 | $4.1B | IVV, VBR, IUSV, ACWV, VIG |
| Q1 2026 | 337 | $3.5B | IVV, VBR, IUSV, ACWV, VTEB |
| Q4 2025 | 318 | $3.5B | IVV, IUSV, VBR, ACWV, VTEB |
| Q3 2025 | 296 | $3.3B | IVV, IUSV, VBR, ACWV, VIG |
| Q2 2025 | 307 | $3.1B | IVV, IUSV, VBR, ACWV, VTEB |
| Q1 2025 | 287 | $2.9B | IVV, IUSV, VBR, ACWV, VTEB |
| Q4 2024 | 286 | $2.8B | IVV, IUSV, ACWV, VTEB, VBR |
| Q3 2024 | 290 | $2.6B | ACWV, IUSV, VTEB, IVV, VIG |
| Q2 2024 | 279 | $2.5B | VTEB, ACWV, IUSV, IVV, VIG |
| Q1 2024 | 315 | $2.4B | ACWV, VTEB, IUSV, IVV, VIG |