Avalon Advisory Group
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Avalon Advisory Group reported 18 stock positions worth $246.7 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 50.8% of the portfolio, followed by iShares 7-10 Year Treasury B (IEF, 32.6%) and Vanguard Ftse All-World Ex-U (VEU, 5.9%). Compared with Q2 2025, it opened 2 new positions, added to 3 and reduced 7. The biggest buy was a new position in FNB (FNB) and the biggest sale Bok Financial (BOKF, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- Wexford, PA
- CIK
- 0001802119
- Portfolio Value
- $246.7M (Q3 2025)
- SEC Filing
- 0001802119-25-000004 ↗ filed Nov 13, 2025
Holdings Value
Holdings 18 stocks · $246.7M
| VTI VG Morningstar TS MKT ETF-US | 50.78% | 381,775 | $125.3M | Reduce -0.3% |
| IEF iShares 7-10 Year Treasury B | 32.65% | 834,969 | $80.5M | Add +1.5% |
| VEU Vanguard Ftse All-World Ex-U | 5.89% | 203,782 | $14.5M | Add +0.2% |
| ITOT iShares Core S&P Total U.S. | 3.45% | 58,427 | $8.5M | Reduce -0.1% |
| SCHF Schwab Intl Equity ETF | 1.68% | 177,646 | $4.1M | No change |
| SCHB Schwab US Broad Market ETF | 1.65% | 157,915 | $4.1M | Reduce -0.7% |
| VXUS Vanguard Total Intl Stock | 1.02% | 34,240 | $2.5M | Reduce -1.1% |
| NVDA Nvidia Corp. | 0.44% | 5,881 | $1.1M | No change |
| FNB FNB Corp. | 0.38% | 58,430 | $941K | New |
| FITB Fifth Third Bancorp | 0.37% | 20,363 | $907K | Reduce -19.1% |
| BOKF Bok Financial Corporation | 0.36% | 8,078 | $900K | Reduce -31.4% |
| VOO Vanguard S&P 500 ETF | 0.34% | 1,376 | $843K | Add +0.3% |
| MSFT Microsoft Corp. | 0.29% | 1,359 | $704K | No change |
| AAPL Apple Inc. | 0.27% | 2,613 | $665K | Reduce -0.6% |
| WSBC Wesbanco Inc. | 0.14% | 11,138 | $356K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.11% | 403 | $268K | No change |
| AMZN Amazon.com Inc. | 0.09% | 1,032 | $227K | No change |
| GOOG Alphabet Inc. Class C | 0.09% | 873 | $213K | New |
Portfolio Sells Q2 2025 → Q3 2025
| BOKF Bok Financial Corporation | Reduce -31.4% | 0.36% | −0.13 |
| FITB Fifth Third Bancorp | Reduce -19.1% | 0.37% | −0.08 |
| VXUS Vanguard Total Intl Stock | Reduce -1.1% | 1.02% | −0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -0.7% | 1.65% | +0.02 |
| AAPL Apple Inc. | Reduce -0.6% | 0.27% | +0.04 |
| ITOT iShares Core S&P Total U.S. | Reduce -0.1% | 3.45% | +0.06 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.3% | 50.78% | +0.78 |
Portfolio Buys Q2 2025 → Q3 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 14 | $270.8M | VTI, IEF, VEU, ITOT, SCHF |
| Q1 2026 | 12 | $247.9M | VTI, IEF, VEU, ITOT, SCHF |
| Q4 2025 | 13 | $245.1M | VTI, IEF, VEU, ITOT, SCHF |
| Q3 2025 | 18 | $246.7M | VTI, IEF, VEU, ITOT, SCHF |
| Q2 2025 | 16 | $232.8M | VTI, IEF, VEU, ITOT, SCHF |
| Q1 2025 | 15 | $212.3M | VTI, IEF, VEU, ITOT, SCHF |
| Q4 2024 | 16 | $219.0M | VTI, IEF, VEU, ITOT, SCHB |
| Q3 2024 | 15 | $220.6M | VTI, IEF, VEU, ITOT, SCHF |
| Q2 2024 | 15 | $209.9M | VTI, IEF, VEU, ITOT, SCHF |
| Q1 2024 | 13 | $206.5M | VTI, IEF, VEU, ITOT, SCHF |