Asset Dedication, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 16, 2024), Asset Dedication, LLC reported 1,019 stock positions worth $1.3 billion. Its top holding was Dimensional US Core Equity 2 (DFAC) at 8.2% of the portfolio, followed by Dimensional US Target Value (DFAT, 8.0%) and Dimensional World Ex US Core (DFAX, 5.0%). Compared with Q4 2023, it opened 30 new positions, sold out of 48, added to 168 and reduced 238. The biggest buy was Dimensional US Core Equity 2 (DFAC, shares +9%) and the biggest sale Invesco Bulletshares 2024 CB (BSCO, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001475896
- Portfolio Value
- $1.3B (Q1 2024)
- SEC Filing
- 0001475896-24-000003 ↗ filed Apr 16, 2024
Holdings Value
Holdings 1,019 stocks · $1.3B
| DFAC Dimensional US Core Equity 2 | 8.20% | 3,437,343 | $109.8M | Add +9.1% |
| DFAT Dimensional US Target Value | 8.04% | 1,979,614 | $107.8M | Add +5.8% |
| DFAX Dimensional World Ex US Core | 4.99% | 2,625,551 | $66.8M | Add +6.7% |
| DFEV Dimensional Emrg MRKT Val | 4.19% | 2,162,013 | $56.2M | Add +6.4% |
| DFEM Dimensional Emrg MRKT Core | 3.90% | 2,046,510 | $52.2M | Add +7.6% |
| BSCO Invesco Bulletshares 2024 CB | 2.79% | 1,782,165 | $37.4M | Reduce -10.3% |
| DFIC Dimensional International Co. | 2.34% | 1,172,429 | $31.4M | Add +5.2% |
| BSCP Invesco Bulletshares 2025 CB | 2.25% | 1,477,479 | $30.2M | Add +12.2% |
| DISV Dimensional International SM | 2.17% | 1,068,265 | $29.1M | Add +4.0% |
| BSCQ Invesco Bulletshares 2026 CB | 1.96% | 1,367,472 | $26.2M | Add +22.9% |
| DFUS Dimensional US Eq MKT ETF | 1.92% | 451,762 | $25.7M | Add +14.5% |
| SCHX Schwab US Large-Cap ETF | 1.65% | 355,846 | $22.1M | Add +2.0% |
| MDYV SS SPDR S&P 400 MC Val ETF | 1.53% | 269,779 | $20.5M | Reduce -1.1% |
| MSFT Microsoft Corp. | 1.50% | 47,745 | $20.1M | Add +3.5% |
| AAPL Apple Inc. | 1.40% | 108,929 | $18.7M | Add +1.0% |
| NVDA Nvidia Corp. | 1.25% | 18,532 | $16.8M | Reduce -13.7% |
| ITOT iShares Core S&P Total U.S. | 1.13% | 130,921 | $15.1M | Reduce -10.6% |
| BSCR Invesco Bulletshares 2027 CB | 1.00% | 697,165 | $13.4M | Add +30.3% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.92% | 148,776 | $12.3M | Reduce -5.5% |
| IBDP iShares Ibonds Dec 2024 Term | 0.86% | 461,415 | $11.5M | Reduce -18.6% |
| BSJO Invesco Bulletshares 2024 HY | 0.85% | 499,415 | $11.4M | Reduce -20.6% |
| AMZN Amazon.com Inc. | 0.83% | 61,567 | $11.1M | Add +3.9% |
| IBHD iShares Ibonds 2024 H/Y Inc. | 0.82% | 474,289 | $11.1M | Add +30.2% |
| BSCS Invesco Bulletshares 2028 CB | 0.81% | 538,224 | $10.8M | Add +34.0% |
| JPM JPMorgan Chase & Co. | 0.80% | 53,315 | $10.7M | Add +3.0% |
| IJS iShares S&P Small-Cap 600 Va | 0.74% | 96,077 | $9.9M | Reduce -1.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.71% | 129,142 | $9.6M | Reduce -9.4% |
| AVGO Broadcom Inc. | 0.64% | 6,453 | $8.6M | Reduce -2.6% |
| META Meta Platforms Inc. Class A | 0.62% | 17,255 | $8.3M | Reduce -11.5% |
| DGRO iShares Core Dividend Growth | 0.62% | 142,356 | $8.3M | Reduce -12.3% |
| BSCT Invesco Bulletshares 2029 CB | 0.62% | 451,427 | $8.2M | Add +34.7% |
| AXP American Express Co. | 0.59% | 34,670 | $7.9M | Reduce -1.3% |
| V Visa Inc. Class A | 0.58% | 28,062 | $7.8M | Add +5.3% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 0.58% | 278,790 | $7.7M | Reduce -6.3% |
| NFLX Netflix Inc. | 0.55% | 12,209 | $7.4M | Reduce -6.7% |
| MRK Merck & Co. Inc. | 0.54% | 54,696 | $7.2M | Add +1.4% |
| UNH Unitedhealth Group Inc. | 0.54% | 14,935 | $7.2M | Add +4.0% |
| XOM Exxon Mobil Corp. | 0.54% | 62,329 | $7.2M | Add +8.9% |
| CAT Caterpillar Inc. | 0.53% | 19,548 | $7.1M | Reduce -0.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.53% | 27,462 | $7.1M | Add +0.9% |
| SCHA Schwab US Small-Cap ETF | 0.53% | 143,235 | $7.1M | Reduce -2.2% |
| HD Home Depot Inc. | 0.51% | 17,842 | $6.8M | Reduce -0.6% |
| BSCU Invesco Bulletshares 2030 CB | 0.49% | 398,588 | $6.5M | Add +48.6% |
| LLY Eli Lilly & Co. | 0.48% | 8,342 | $6.5M | Reduce -10.8% |
| COST Costco Wholesale Corp. | 0.48% | 8,820 | $6.4M | Reduce -6.1% |
| PG The Procter & Gamble Co. | 0.48% | 39,361 | $6.4M | Add +0.6% |
| IEMG iShares Core MSCI Emerging | 0.46% | 119,701 | $6.2M | Reduce -8.0% |
| WMT Walmart Inc. | 0.45% | 100,090 | $6.0M | Add +2.9% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.45% | 50,577 | $6.0M | Reduce -9.2% |
| ORCL Oracle Corp. | 0.43% | 45,358 | $5.7M | Add +39.5% |
| MCD McDonald's Corp. | 0.42% | 19,796 | $5.6M | Add +0.7% |
| INTC Intel Corp. | 0.41% | 123,961 | $5.5M | Reduce -6.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.39% | 12,481 | $5.3M | Reduce -3.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.38% | 26,832 | $5.1M | Reduce -0.5% |
| GS Goldman Sachs Group Inc. | 0.37% | 11,814 | $5.0M | Add +1.0% |
| AMGN Amgen Inc. | 0.37% | 17,437 | $5.0M | Reduce -1.0% |
| JNJ Johnson & Johnson | 0.36% | 30,636 | $4.8M | Add +4.2% |
| GOOGL Alphabet Inc. Class A | 0.36% | 31,669 | $4.8M | Add +0.8% |
| PEP Pepsico Inc. | 0.35% | 26,974 | $4.7M | Add +4.1% |
| MA Mastercard Inc. Class A | 0.35% | 9,837 | $4.7M | Reduce -1.4% |
| CVX Chevron Corp. | 0.34% | 28,631 | $4.5M | Add +9.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.33% | 19,731 | $4.5M | Add +561.9% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.33% | 180,635 | $4.5M | Add +77.7% |
| IBDR iShares Ibonds Dec 2026 Term | 0.33% | 185,767 | $4.4M | Add +404.0% |
| KO The Coca-Cola Co. | 0.33% | 71,883 | $4.4M | Add +3.4% |
| CSCO Cisco Systems Inc. | 0.33% | 87,751 | $4.4M | Add +3.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.32% | 34,968 | $4.3M | Add +1.9% |
| GOOG Alphabet Inc. Class C | 0.31% | 27,214 | $4.1M | Reduce -2.7% |
| SCHB Schwab US Broad Market ETF | 0.29% | 64,667 | $3.9M | Reduce -4.6% |
| LOW Lowe's Cos Inc. | 0.29% | 15,183 | $3.9M | Add +3.8% |
| ADBE Adobe Inc. | 0.29% | 7,478 | $3.9M | Add +50.5% |
| HON Honeywell International Inc. | 0.29% | 19,037 | $3.9M | Add +6.2% |
| SPEM State Street SP PTF Em ETF | 0.28% | 105,419 | $3.8M | Reduce -1.3% |
| ABBV Abbvie Inc. | 0.28% | 20,779 | $3.8M | Add +72.2% |
| TXN Texas Instruments Inc. | 0.28% | 21,533 | $3.8M | Add +6.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.28% | 7,127 | $3.7M | Add +0.4% |
| CRM Salesforce Inc. | 0.27% | 11,914 | $3.6M | Reduce -15.6% |
| DFSI Dimensional Int Sus COR1 ETF | 0.26% | 104,265 | $3.5M | Add +10.7% |
| ITW Illinois Tool Works | 0.26% | 13,021 | $3.5M | Reduce -0.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.26% | 90,298 | $3.4M | Add +0.2% |
| TMUS T-Mobile US Inc. | 0.25% | 20,915 | $3.4M | Reduce -1.5% |
| INTU Intuit Inc. | 0.25% | 5,203 | $3.4M | Reduce -10.2% |
| NKE Nike Inc. Class B | 0.25% | 35,384 | $3.4M | Reduce -12.4% |
| VOO Vanguard S&P 500 ETF | 0.25% | 6,956 | $3.3M | Reduce -0.5% |
| IVV iShares Core S&P 500 ETF | 0.25% | 6,261 | $3.3M | Reduce -4.8% |
| VZ Verizon Communications Inc. | 0.25% | 78,584 | $3.3M | Add +21.8% |
| SCHG Schwab US Large-Cap Growth | 0.24% | 35,246 | $3.3M | Reduce -5.7% |
| BA The Boeing Co. | 0.24% | 16,843 | $3.3M | Reduce -4.5% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.24% | 134,585 | $3.2M | Add +446.3% |
| DOW Dow Inc. | 0.22% | 51,170 | $3.0M | Add +25.3% |
| ABT Abbott Laboratories | 0.22% | 25,982 | $3.0M | Add +3.6% |
| QCOM Qualcomm Inc. | 0.21% | 16,567 | $2.8M | Reduce -2.1% |
| IXUS iShares Core Intl Stock ETF | 0.21% | 40,925 | $2.8M | Reduce -0.4% |
| BSMO Invesco Bulletshares 2024 MB | 0.19% | 104,160 | $2.6M | Reduce -0.7% |
| AMD Advanced Micro Devices | 0.19% | 14,376 | $2.6M | Reduce -28.0% |
| SUSA iShares ESG Optimized MSCI U | 0.19% | 22,736 | $2.5M | Reduce -4.8% |
| SCHV Schwab US Large-Cap Value | 0.18% | 32,152 | $2.4M | Reduce -2.9% |
| ESML iShares ESG Aware MSCI USA S | 0.18% | 60,289 | $2.4M | Reduce -3.0% |
| DFSE Dimensional Em Sus CORE1 ETF | 0.17% | 71,862 | $2.3M | Add +22.7% |
| BSMP Invesco Bulletshares 2025 MB | 0.17% | 94,503 | $2.3M | Add +10.3% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $4K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 3 | $4K | No change |
| CMXWQ Caremax-CW | *W EXP 06/08/202 | 140 | $0 | Reduce -50.0% |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 7 | $0 | No change |
Total filed on the 13F, all lines: $1.3B.
Portfolio Sells Q4 2023 → Q1 2024
| BSCO Invesco Bulletshares 2024 CB | Reduce -10.3% | 2.79% | −0.59 |
| BSJO Invesco Bulletshares 2024 HY | Reduce -20.6% | 0.85% | −0.31 |
| IBDP iShares Ibonds Dec 2024 Term | Reduce -18.6% | 0.86% | −0.29 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -5.5% | 0.92% | −0.14 |
| INTC Intel Corp. | Reduce -6.5% | 0.41% | −0.13 |
| BA The Boeing Co. | Reduce -4.5% | 0.24% | −0.13 |
| ITOT iShares Core S&P Total U.S. | Reduce -10.6% | 1.13% | −0.13 |
| SBUX Starbucks Corp. | Reduce -48.1% | 0.10% | −0.13 |
| WBA Walgreens Boots Alliance Inc. | Reduce -67.7% | 0.04% | −0.11 |
| MMM 3M Co. | Reduce -35.6% | 0.14% | −0.11 |
| BDX Becton Dickinson and Co. | Reduce -95.7% | 0.00% | −0.11 |
| NKE Nike Inc. Class B | Reduce -12.4% | 0.25% | −0.11 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -9.4% | 0.71% | −0.10 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -1.1% | 1.53% | −0.10 |
| PYPL PayPal Holdings Inc. | Reduce -92.0% | 0.01% | −0.10 |
| DGRO iShares Core Dividend Growth | Reduce -12.3% | 0.62% | −0.09 |
| VHT Vanguard Health Care ETF | Reduce -42.6% | 0.12% | −0.09 |
| HRL Hormel Foods Corp. | Reduce -98.7% | 0.00% | −0.09 |
| CL Colgate-Palmolive Co. | Reduce -43.9% | 0.12% | −0.09 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -1.9% | 0.74% | −0.08 |
| VDC Vanguard Consumer Staple ETF | Reduce -41.9% | 0.10% | −0.08 |
| O Realty Income Corp. | Reduce -71.4% | 0.02% | −0.08 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | Reduce -6.3% | 0.58% | −0.08 |
| IEMG iShares Core MSCI Emerging | Reduce -8.0% | 0.46% | −0.07 |
| GPC Genuine Parts Co. | Reduce -70.2% | 0.03% | −0.07 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -9.2% | 0.45% | −0.07 |
| XEL Xcel Energy Inc. | Reduce -48.6% | 0.04% | −0.06 |
| DUK Duke Energy Corp. | Reduce -42.8% | 0.07% | −0.06 |
| SO The Southern Co. | Reduce -41.0% | 0.08% | −0.06 |
| SRE Sempra | Reduce -47.9% | 0.05% | −0.06 |
| AWK American Water Works Co. Inc. | Reduce -45.1% | 0.05% | −0.06 |
| PEG Public Service Enterprise GP | Reduce -44.2% | 0.07% | −0.06 |
| AEP American Electric Power | Reduce -47.4% | 0.06% | −0.05 |
| NEE Nextera Energy Inc. | Reduce -37.4% | 0.08% | −0.05 |
| MINT PIMCO Enhanced Short Maturit | Sold out | 0.00% | −0.05 |
| D Dominion Energy Inc. | Reduce -43.9% | 0.06% | −0.05 |
| AMD Advanced Micro Devices | Reduce -28.0% | 0.19% | −0.05 |
| INTU Intuit Inc. | Reduce -10.2% | 0.25% | −0.04 |
| AMGN Amgen Inc. | Reduce -1.0% | 0.37% | −0.04 |
| EXC Exelon Corp. | Reduce -41.5% | 0.05% | −0.04 |
| CHTR Charter Communications Inc. Class A | Reduce -67.3% | 0.01% | −0.04 |
| SCHA Schwab US Small-Cap ETF | Reduce -2.2% | 0.53% | −0.04 |
| APD Air Products & Chemicals Inc. | Reduce -42.5% | 0.03% | −0.04 |
| CRM Salesforce Inc. | Reduce -15.6% | 0.27% | −0.03 |
| IDXX Idexx Laboratories Inc. | Reduce -48.7% | 0.03% | −0.03 |
| VPU Vanguard Utilities ETF | Reduce -24.2% | 0.07% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -6.1% | 0.48% | −0.03 |
| TMUS T-Mobile US Inc. | Reduce -1.5% | 0.25% | −0.02 |
| SPEM State Street SP PTF Em ETF | Reduce -1.3% | 0.28% | −0.02 |
| ITW Illinois Tool Works | Reduce -0.8% | 0.26% | −0.02 |
Portfolio Buys Q4 2023 → Q1 2024
| DFAC Dimensional US Core Equity 2 | Add +9.1% | 8.20% | +0.70 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +561.9% | 0.33% | +0.28 |
| DFUS Dimensional US Eq MKT ETF | Add +14.5% | 1.92% | +0.26 |
| IBDR iShares Ibonds Dec 2026 Term | Add +404.0% | 0.33% | +0.26 |
| BSCQ Invesco Bulletshares 2026 CB | Add +22.9% | 1.96% | +0.21 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +446.3% | 0.24% | +0.19 |
| BSCR Invesco Bulletshares 2027 CB | Add +30.3% | 1.00% | +0.15 |
| ORCL Oracle Corp. | Add +39.5% | 0.43% | +0.15 |
| BSCS Invesco Bulletshares 2028 CB | Add +34.0% | 0.81% | +0.14 |
| IBHD iShares Ibonds 2024 H/Y Inc. | Add +30.2% | 0.82% | +0.14 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +77.7% | 0.33% | +0.13 |
| ABBV Abbvie Inc. | Add +72.2% | 0.28% | +0.13 |
| NUE Nucor Corp. | Add +422.8% | 0.16% | +0.13 |
| BSCU Invesco Bulletshares 2030 CB | Add +48.6% | 0.49% | +0.12 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +350.2% | 0.15% | +0.11 |
| BSCT Invesco Bulletshares 2029 CB | Add +34.7% | 0.62% | +0.11 |
| AMZN Amazon.com Inc. | Add +3.9% | 0.83% | +0.10 |
| DFAX Dimensional World Ex US Core | Add +6.7% | 4.99% | +0.10 |
| VFH Vanguard Financials ETF | New | 0.09% | +0.09 |
| MSFT Microsoft Corp. | Add +3.5% | 1.50% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +3.0% | 0.80% | +0.08 |
| DFAT Dimensional US Target Value | Add +5.8% | 8.04% | +0.08 |
| XOM Exxon Mobil Corp. | Add +8.9% | 0.54% | +0.08 |
| DIS The Walt Disney Co. | Add +1.9% | 0.32% | +0.07 |
| BSCP Invesco Bulletshares 2025 CB | Add +12.2% | 2.25% | +0.06 |
| MRK Merck & Co. Inc. | Add +1.4% | 0.54% | +0.06 |
| VZ Verizon Communications Inc. | Add +21.8% | 0.25% | +0.05 |
| ADBE Adobe Inc. | Add +50.5% | 0.29% | +0.05 |
| SCHX Schwab US Large-Cap ETF | Add +2.0% | 1.65% | +0.05 |
| DOW Dow Inc. | Add +25.3% | 0.22% | +0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +183.8% | 0.06% | +0.04 |
| DFEM Dimensional Emrg MRKT Core | Add +7.6% | 3.90% | +0.04 |
| WMT Walmart Inc. | Add +2.9% | 0.45% | +0.03 |
| LULU Lululemon Athletica Inc. | Add +6380.0% | 0.03% | +0.03 |
| LOW Lowe's Cos Inc. | Add +3.8% | 0.29% | +0.03 |
| DFIC Dimensional International Co. | Add +5.2% | 2.34% | +0.03 |
| DFLV Dim US Large Cap Value ETF | Add +742.3% | 0.03% | +0.02 |
| NBTB N B T Bancorp Inc. | Add +757.5% | 0.03% | +0.02 |
| DFEV Dimensional Emrg MRKT Val | Add +6.4% | 4.19% | +0.02 |
| DFSE Dimensional Em Sus CORE1 ETF | Add +22.7% | 0.17% | +0.02 |
| CVX Chevron Corp. | Add +9.8% | 0.34% | +0.02 |
| VFC VF Corp. | Add +181.5% | 0.04% | +0.02 |
| V Visa Inc. Class A | Add +5.3% | 0.58% | +0.02 |
| DFSI Dimensional Int Sus COR1 ETF | Add +10.7% | 0.26% | +0.02 |
| ELV Elevance Health Inc. | Add +16.2% | 0.10% | +0.02 |
| FCX Freeport-McMoran Inc. | Add +2859.6% | 0.01% | +0.01 |
| BSMS Invesco Bulletshares 2028 MB | Add +29.0% | 0.09% | +0.01 |
| DISV Dimensional International SM | Add +4.0% | 2.17% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +325.2% | 0.01% | +0.01 |
| AKAM Akamai Technologies Inc. | Add +3988.6% | 0.01% | +0.01 |
Notes & Other Activity Q4 2023 → Q1 2024
| CMXWQ Caremax-CW | *W EXP 06/08/202 | Reduce -50.0% | 140 | $0 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,238 | $1.6B | DFAC, DFAT, DFEV, DFEM, DFIC |
| Q1 2026 | 1,111 | $1.4B | DFAC, DFAT, DFEV, DFEM, DFIC |
| Q4 2025 | 1,121 | $1.5B | DFAC, DFAT, DFEV, DFIC, DFEM |
| Q3 2025 | 1,138 | $1.5B | DFAC, DFAT, DFEV, DFEM, DFIC |
| Q2 2025 | 1,176 | $1.4B | DFAC, DFAT, DFEV, DFEM, DFIC |
| Q1 2025 | 1,127 | $1.2B | DFAC, DFAT, DFEV, DFEM, DFIC |
| Q4 2024 | 1,091 | $1.3B | DFAC, DFAT, DFEV, DFEM, DFAX |
| Q3 2024 | 1,143 | $1.5B | DFAC, DFAT, DFAX, DFEV, DFEM |
| Q2 2024 | 1,190 | $1.4B | DFAC, DFAT, DFAX, DFEV, DFEM |
| Q1 2024 | 1,019 | $1.3B | DFAC, DFAT, DFAX, DFEV, DFEM |