Asset Allocation & Management Company, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 16, 2025), Asset Allocation & Management Company, LLC reported 90 stock positions worth $214.1 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 25.3% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 10.6%) and SS SPDR P High Yield ETF (SPHY, 9.3%). Compared with Q1 2025, it opened 11 new positions, sold out of 11, added to 10 and reduced 12. The biggest buy was a new position in Vanguard Ftse All-World Ex-U (VEU) and the biggest sale Janus Henderson Aaa Clo ETF (JAAA, shares −34%).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001498383
Portfolio Value
$214.1M (Q2 2025)
SEC Filing
0001498383-25-000008 ↗ filed Jul 16, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $152.7M Q1 2024 Q2 2024: $151.3M Q2 2024 Q3 2024: $159.1M Q3 2024 Q4 2024: $182.9M Q4 2024 Q1 2025: $197.6M Q1 2025 Q2 2025: $214.1M $214.1M Q2 2025 Q3 2025: $235.0M Q3 2025 Q4 2025: $249.1M Q4 2025 Q1 2026: $267.7M Q1 2026 Q2 2026: $305.0M Q2 2026

Holdings 90 stocks · $214.1M
VTI VG Morningstar TS MKT ETF-US 25.34% 178,507 $54.3M Reduce -0.7%
VOO Vanguard S&P 500 ETF 10.63% 40,080 $22.8M Add +5.1%
SPHY SS SPDR P High Yield ETF 9.32% 838,101 $19.9M Add +23.2%
VYM Vanguard High DVD Yield ETF 6.41% 102,990 $13.7M No change
IVV iShares Core S&P 500 ETF 4.68% 16,129 $10.0M No change
SCHD Schwab US DVD Equity ETF 3.74% 302,057 $8.0M Add +1.6%
FTSL First Trust Senior Loan ETF 2.72% 126,840 $5.8M Add +8.6%
SCHB Schwab US Broad Market ETF 2.57% 230,624 $5.5M Add +35.7%
VUG Vanguard Mrngstar GR ETF-Sui 2.50% 12,189 $5.3M No change
JAAA Janus Henderson Aaa Clo ETF 2.20% 92,836 $4.7M Reduce -33.6%
VEA Vanguard Ftse Developed ETF 1.95% 73,189 $4.2M Reduce -3.6%
SRLN SS Blackstone Sr Loan ETF 1.86% 95,676 $4.0M No change
VEU Vanguard Ftse All-World Ex-U 1.49% 47,500 $3.2M New
SPY SS SPDR S&P 500 ETF Trust-US 1.44% 4,979 $3.1M No change
VCSH Vanguard S/T Corp. Bond ETF 1.36% 36,680 $2.9M No change
AVGO Broadcom Inc. 1.04% 8,098 $2.2M Add +12.6%
BRK.A Berkshire Hathaway Inc. Class A 1.02% 3 $2.2M No change
VWO Vanguard Ftse Emerging Marke 1.02% 44,203 $2.2M Reduce -4.7%
RSP Invesco S&P 500 Equal Weight 0.97% 11,468 $2.1M No change
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.97% 7,329 $2.1M No change
GOOGL Alphabet Inc. Class A 0.79% 9,622 $1.7M No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.72% 19,130 $1.5M No change
BSV Vanguard Short-Term Bond ETF 0.65% 17,772 $1.4M No change
DVY iShares Select Dividend ETF 0.64% 10,273 $1.4M No change
NVDA Nvidia Corp. 0.58% 7,900 $1.2M No change
QQQ Invesco QQQ Trust Series 1 0.57% 2,222 $1.2M Reduce -10.6%
BIV Vanguard Intermediate-Term B 0.53% 14,760 $1.1M No change
MSFT Microsoft Corp. 0.50% 2,150 $1.1M Add +43.3%
VB Vanguard Most SM-Cap ETF-Usd 0.48% 4,345 $1.0M Reduce -18.2%
AAPL Apple Inc. 0.46% 4,800 $985K No change
IWV iShares Russell 3000 ETF 0.43% 2,641 $927K No change
IJH iShares Core S&P Midcap ETF 0.42% 14,467 $897K No change
META Meta Platforms Inc. Class A 0.39% 1,140 $841K No change
BLV Vanguard Long-Term Bond ETF 0.33% 10,260 $713K No change
AMZN Amazon.com Inc. 0.31% 3,055 $670K No change
PFF iShares Preferred & Income S 0.30% 21,000 $644K No change
AGG iShares Core U.S. Aggregate 0.26% 5,692 $565K No change
ITOT iShares Core S&P Total U.S. 0.26% 4,143 $559K No change
V Visa Inc. Class A 0.25% 1,482 $526K Add +28.9%
COST Costco Wholesale Corp. 0.24% 520 $515K No change
CX Cemex Sab-Spons ADR Part Cer 0.24% 74,014 $513K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.23% 4,000 $494K No change
IJR iShares Core S&P Small-Cap E 0.23% 4,441 $485K Reduce -19.9%
ANET Arista Networks Inc. 0.23% 4,708 $482K No change
IGSB iShares 1-5Y Inv Grade Corp. 0.23% 9,139 $482K No change
SYK Stryker Corp. 0.22% 1,200 $475K No change
ORCL Oracle Corp. 0.21% 2,025 $443K No change
HD Home Depot Inc. 0.19% 1,135 $416K No change
MPC Marathon Petroleum Corp. 0.19% 2,502 $416K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.19% 1,486 $416K Reduce -53.0%
CVX Chevron Corp. 0.19% 2,900 $415K No change
BKNG Booking Holdings Inc. 0.19% 71 $411K Reduce -26.8%
JNJ Johnson & Johnson 0.19% 2,674 $408K No change
GS Goldman Sachs Group Inc. 0.19% 562 $398K No change
KLAC KLA Corp. 0.18% 426 $382K No change
MRSH Marsh & McLennan Cos 0.17% 1,700 $372K No change
PG The Procter & Gamble Co. 0.17% 2,329 $371K Reduce -35.3%
VMC Vulcan Materials Co. 0.17% 1,376 $359K Add +52.0%
ETN Eaton Corp. PLC 0.17% 997 $356K No change
EFA iShares MSCI Eafe ETF 0.16% 3,930 $351K Reduce -86.4%
PANW Palo Alto Networks Inc. 0.16% 1,692 $346K No change
TMUS T-Mobile US Inc. 0.16% 1,421 $339K No change
TTWO Take-Two Interactive Softwre 0.16% 1,372 $333K No change
NOW ServiceNow Inc. 0.15% 320 $329K No change
AMT American Tower Corp. 0.15% 1,482 $328K Add +43.7%
DUK Duke Energy Corp. 0.15% 2,775 $327K No change
F Ford Motor Co. filed as FORD MTR CO 0.15% 30,000 $326K No change
URI United Rentals Inc. 0.15% 424 $319K Reduce -37.1%
MCD McDonald's Corp. 0.14% 1,000 $292K No change
GLD SPDR Gold Shares 0.13% 915 $279K New
AEP American Electric Power 0.13% 2,646 $275K New
NODK Ni Holdings Inc. filed as NI HLDGS INC 0.13% 21,589 $275K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.12% 906 $267K No change
LLY Eli Lilly & Co. 0.12% 340 $265K No change
XYL Xylem Inc. 0.12% 1,990 $257K No change
VRTX Vertex Pharmaceuticals Inc. 0.12% 567 $252K No change
BP BP PLC-Spons ADR 0.12% 8,400 $251K No change
CMI Cummins Inc. 0.12% 763 $250K No change
GEV GE Vernova Inc. 0.11% 459 $243K New
UBER Uber Technologies Inc. 0.11% 2,585 $241K New
BKR Baker Hughes Co. 0.11% 6,045 $232K No change
CEG Constellation Energy 0.11% 699 $226K New
VLO Valero Energy Corp. 0.10% 1,634 $220K No change
PNC PNC Financial Services Group 0.10% 1,175 $219K No change
RMD Resmed Inc. 0.10% 820 $212K New
TRV The Travelers Cos Inc. 0.10% 790 $211K No change
DE Deere & Co. 0.10% 410 $208K New
SPGI S&P Global Inc. 0.10% 395 $208K New
TSLA Tesla Inc. 0.09% 635 $202K New
JPM JPMorgan Chase & Co. 0.09% 695 $201K New
Other holdings (2): bonds, preferreds, convertibles and warrants · $1.9M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 1,100$1.3MNew
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 519$630KNew

Total filed on the 13F, all lines: $216.1M.

Portfolio Sells Q1 2025 → Q2 2025
JAAA Janus Henderson Aaa Clo ETF Reduce -33.6% 2.20% −1.39
EFA iShares MSCI Eafe ETF Reduce -86.4% 0.16% −1.03
DGS Wisdomtree Em Small Cap Sold out 0.00% −0.49
EPD Enterprise Products Partners Sold out 0.00% −0.26
MRK Merck & Co. Inc. Sold out 0.00% −0.24
UNH Unitedhealth Group Inc. Sold out 0.00% −0.24
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -53.0% 0.19% −0.22
BLK BlackRock Inc. Sold out 0.00% −0.20
WMT Walmart Inc. Sold out 0.00% −0.20
PG The Procter & Gamble Co. Reduce -35.3% 0.17% −0.14
CP Canadian Pacific Kansas City Sold out 0.00% −0.13
PEP Pepsico Inc. Sold out 0.00% −0.13
FISV Fiserv Inc. Sold out 0.00% −0.12
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −0.12
VB Vanguard Most SM-Cap ETF-Usd Reduce -18.2% 0.48% −0.11
ET Energy Transfer LP Sold out 0.00% −0.09
IJR iShares Core S&P Small-Cap E Reduce -19.9% 0.23% −0.07
URI United Rentals Inc. Reduce -37.1% 0.15% −0.06
VWO Vanguard Ftse Emerging Marke Reduce -4.7% 1.02% −0.04
BKNG Booking Holdings Inc. Reduce -26.8% 0.19% −0.03
QQQ Invesco QQQ Trust Series 1 Reduce -10.6% 0.57% −0.02
VEA Vanguard Ftse Developed ETF Reduce -3.6% 1.95% −0.00
VTI VG Morningstar TS MKT ETF-US Reduce -0.7% 25.34% +0.32

Portfolio Buys Q1 2025 → Q2 2025
VEU Vanguard Ftse All-World Ex-U New 1.49% +1.49
SPHY SS SPDR P High Yield ETF Add +23.2% 9.32% +1.25
SCHB Schwab US Broad Market ETF Add +35.7% 2.57% +0.71
VOO Vanguard S&P 500 ETF Add +5.1% 10.63% +0.71
AVGO Broadcom Inc. Add +12.6% 1.04% +0.43
MSFT Microsoft Corp. Add +43.3% 0.50% +0.21
GLD SPDR Gold Shares New 0.13% +0.13
AEP American Electric Power New 0.13% +0.13
GEV GE Vernova Inc. New 0.11% +0.11
UBER Uber Technologies Inc. New 0.11% +0.11
CEG Constellation Energy New 0.11% +0.11
RMD Resmed Inc. New 0.10% +0.10
DE Deere & Co. New 0.10% +0.10
SPGI S&P Global Inc. New 0.10% +0.10
TSLA Tesla Inc. New 0.09% +0.09
JPM JPMorgan Chase & Co. New 0.09% +0.09
VMC Vulcan Materials Co. Add +52.0% 0.17% +0.06
V Visa Inc. Class A Add +28.9% 0.25% +0.04
AMT American Tower Corp. Add +43.7% 0.15% +0.04
FTSL First Trust Senior Loan ETF Add +8.6% 2.72% +0.02
SCHD Schwab US DVD Equity ETF Add +1.6% 3.74% −0.47

Notes & Other Activity Q1 2025 → Q2 2025
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A New 1,100 $1.3M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L New 519 $630K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 65$305.0MVTI, VYM, VOO, SRLN, SCHD
Q1 2026 92$267.7MVTI, VYM, SRLN, VOO, SPHY
Q4 2025 92$249.1MVTI, VOO, SPHY, SRLN, VYM
Q3 2025 86$235.0MVTI, VOO, SPHY, VYM, IVV
Q2 2025 90$214.1MVTI, VOO, SPHY, VYM, IVV
Q1 2025 90$197.6MVTI, VOO, SPHY, VYM, IVV
Q4 2024 83$182.9MVTI, VOO, SPHY, VYM, IVV
Q3 2024 47$159.1MVTI, VOO, VYM, SPHY, IVV
Q2 2024 48$151.3MVTI, VOO, VYM, IVV, SRLN
Q1 2024 49$152.7MVTI, VYM, VOO, IVV, SRLN