Baker Ellis Asset Management LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 21, 2026), Baker Ellis Asset Management LLC reported 260 stock positions worth $831.0 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 9.0% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 4.3%) and Microsoft (MSFT, 3.3%). Compared with Q3 2025, it opened 21 new positions, sold out of 10, added to 66 and reduced 109. The biggest buy was a new position in Schwab U.S. Tips ETF (SCHP) and the biggest sale an exit from Fiserv (FISV).

Most Recent 13F
Q2 2026
Location
Vancouver, WA
CIK
0001365559
Portfolio Value
$831.0M (Q4 2025)
SEC Filing
0001941040-26-000040 ↗ filed Jan 21, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $671.6M Q1 2024 Q2 2024: $663.7M Q2 2024 Q3 2024: $706.8M Q3 2024 Q4 2024: $679.6M Q4 2024 Q1 2025: $693.0M Q1 2025 Q2 2025: $728.6M Q2 2025 Q3 2025: $812.0M Q3 2025 Q4 2025: $831.0M $831.0M Q4 2025 Q1 2026: $842.5M Q1 2026 Q2 2026: $964.1M Q2 2026

Holdings 260 stocks · $831.0M
VTI VG Morningstar TS MKT ETF-US 9.00% 223,174 $74.8M Reduce -2.2%
BRK.B Berkshire Hathaway Inc. Class B 4.34% 71,776 $36.1M Add +1.4%
MSFT Microsoft Corp. 3.29% 56,526 $27.3M Add +0.1%
VGT Vanguard Info Tech ETF 3.03% 33,423 $25.2M Reduce -2.9%
DISV Dimensional International SM 2.40% 525,147 $20.0M Add +4.8%
LRCX Lam Research Corp. 2.40% 116,472 $19.9M Reduce -3.3%
VYM Vanguard High DVD Yield ETF 2.34% 135,353 $19.4M Reduce -2.4%
VOO Vanguard S&P 500 ETF 2.24% 29,650 $18.6M Add +2.7%
GSIE Goldman Sachs Activebeta Int 2.18% 422,232 $18.1M Add +1.4%
JPM JPMorgan Chase & Co. 2.15% 55,400 $17.9M Add +0.9%
FBND Fidelity Total Bond ETF 2.09% 377,157 $17.4M Add +1.4%
STRL Sterling Infrastructure Inc. 1.92% 52,183 $16.0M Reduce -3.7%
PRF Invesco Rafi US 1000 ETF 1.82% 322,115 $15.1M Reduce -0.7%
IXUS iShares Core Intl Stock ETF 1.80% 176,941 $15.0M Add +9.1%
AVGO Broadcom Inc. 1.68% 40,364 $14.0M Reduce -2.8%
MFUS PIMCO Rafi Dynamic Multi-Fac filed as PIMCO EQUITY SER 1.56% 228,295 $12.9M Add +0.7%
JHMM John Hancock Multi Fact Mid 1.50% 189,734 $12.4M Reduce -4.0%
AAPL Apple Inc. 1.47% 45,033 $12.2M Add +1.6%
COST Costco Wholesale Corp. 1.43% 13,781 $11.9M Reduce -0.4%
RTX RTX Corp. 1.31% 59,443 $10.9M Add +0.2%
GBIL Goldman Sachs Access Treasur 1.30% 108,190 $10.8M Reduce -4.4%
GOOG Alphabet Inc. Class C 1.29% 34,203 $10.7M Reduce -1.0%
SCHD Schwab US DVD Equity ETF 1.27% 383,354 $10.5M Reduce -2.9%
SGOV iShares 0-3 Month Treasury B 1.26% 104,633 $10.5M Add +6.8%
BRK.A Berkshire Hathaway Inc. Class A 1.18% 13 $9.8M No change
GOOGL Alphabet Inc. Class A 1.17% 31,026 $9.7M Add +0.3%
MGC Vngrd Mrngstr MG Cap ETF-Usd 1.10% 36,385 $9.1M Reduce -3.0%
DGS Wisdomtree Em Small Cap 1.06% 154,439 $8.8M Add +7.9%
XOM Exxon Mobil Corp. 1.04% 71,952 $8.7M Reduce -0.3%
ADI Analog Devices Inc. 0.89% 27,224 $7.4M Reduce -3.9%
SYK Stryker Corp. 0.88% 20,827 $7.3M Reduce -0.4%
COF Capital One Financial Corp. 0.88% 30,123 $7.3M Reduce -0.7%
OSK Oshkosh Corp. 0.86% 56,726 $7.1M Add +2.3%
TAP Molson Coors Beverage Co. Class B 0.84% 150,286 $7.0M Add +0.9%
MAA Mid-America Apartment Comm 0.80% 48,139 $6.7M Add +2.8%
ISTB iShares Core 1-5 Year Usd Bo 0.80% 137,030 $6.7M Add +1.8%
SPY SS SPDR S&P 500 ETF Trust-US 0.72% 8,817 $6.0M Reduce -5.5%
AMZN Amazon.com Inc. 0.72% 25,752 $5.9M Add +5.5%
MLI Mueller Industries Inc. 0.70% 50,965 $5.9M Add +3.7%
FNDX Schwab Fndmntl US LRG Co. ETF 0.69% 210,006 $5.7M Add +5.2%
NOC Northrop Grumman Corp. 0.65% 9,511 $5.4M Reduce -1.4%
TKR Timken Co. 0.64% 63,162 $5.3M Reduce -0.8%
GLDM SPDR Gold Minishares Trust 0.62% 60,115 $5.1M Add +0.4%
VT Vanguard Tot World STK ETF 0.60% 35,620 $5.0M Reduce -2.5%
KGS Kodiak Gas Services Inc. 0.58% 129,556 $4.8M Add +1.3%
CARR Carrier Global Corp. 0.57% 89,638 $4.7M Reduce -5.3%
PSA Public Storage 0.55% 17,662 $4.6M Add +2.0%
PEP Pepsico Inc. 0.54% 31,434 $4.5M Reduce -0.8%
PNW Pinnacle West Capital 0.51% 48,119 $4.3M Add +1.0%
KR Kroger Co. 0.50% 67,000 $4.2M Add +1.1%
SLB SLB Ltd. filed as SLB LIMITED 0.49% 106,300 $4.1M Add +0.1%
SNY Sanofi-ADR 0.49% 83,477 $4.0M Reduce -10.2%
HII Huntington Ingalls Industrie 0.48% 11,665 $4.0M Reduce -0.2%
VXF Vanguard Extended Market ETF 0.46% 18,274 $3.8M Reduce -5.3%
LLY Eli Lilly & Co. 0.46% 3,536 $3.8M Add +2.2%
QQQ Invesco QQQ Trust Series 1 0.46% 6,185 $3.8M Reduce -0.6%
ON On Semiconductor 0.46% 70,071 $3.8M Reduce -3.7%
BP BP PLC-Spons ADR 0.45% 108,799 $3.8M Add +2.0%
HSIC Henry Schein Inc. 0.45% 49,328 $3.7M Reduce -7.5%
ETN Eaton Corp. PLC 0.45% 11,684 $3.7M Add +0.8%
FMX Fomento Economico Mex-SP ADR 0.45% 36,592 $3.7M Reduce -4.5%
VHT Vanguard Health Care ETF 0.44% 12,817 $3.7M Add +8.5%
GTX Garrett Motion Inc. 0.44% 210,145 $3.7M Reduce -1.1%
AGCO Agco Corp. 0.43% 34,225 $3.6M Add +1.9%
GS Goldman Sachs Group Inc. 0.40% 3,789 $3.3M Reduce -0.5%
WY Weyerhaeuser Co. 0.39% 136,013 $3.2M Reduce -6.6%
GLD SPDR Gold Shares 0.38% 8,069 $3.2M Reduce -0.1%
RSP Invesco S&P 500 Equal Weight 0.37% 16,184 $3.1M Reduce -8.4%
VZ Verizon Communications Inc. 0.35% 71,052 $2.9M Reduce -0.2%
LPX Louisiana-Pacific Corp. 0.34% 35,005 $2.8M Reduce -1.8%
AMRZ Amrize Ltd. 0.32% 48,705 $2.6M Add +2.6%
KIM Kimco Realty Corp. 0.32% 129,620 $2.6M Reduce -3.1%
JNJ Johnson & Johnson 0.31% 12,475 $2.6M Add +5.0%
VEU Vanguard Ftse All-World Ex-U 0.29% 32,626 $2.4M Reduce -5.8%
UNP Union Pacific Corp. 0.28% 10,228 $2.4M Reduce -4.0%
V Visa Inc. Class A 0.27% 6,427 $2.3M Reduce -0.6%
SCHP Schwab U.S. Tips ETF 0.26% 80,680 $2.1M New
NVS Novartis AG-Sponsored ADR 0.25% 15,250 $2.1M Add +3.7%
WMT Walmart Inc. 0.24% 17,707 $2.0M Add +2.0%
WM Waste Management Inc. 0.23% 8,856 $1.9M Reduce -1.2%
LH Labcorp Holdings Inc. 0.21% 7,005 $1.8M Reduce -4.1%
UBS UBS Group AG-Reg 0.21% 37,150 $1.7M Reduce -13.1%
HON Honeywell International Inc. 0.20% 8,549 $1.7M Reduce -2.3%
SHEL Shell PLC-ADR 0.20% 22,293 $1.6M Reduce -2.2%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.19% 31,800 $1.6M Reduce -7.3%
IMKTA Ingles Markets Inc. Class A 0.19% 23,303 $1.6M Add +4.8%
MRK Merck & Co. Inc. 0.19% 14,988 $1.6M Reduce -4.8%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.19% 7,382 $1.6M Add +3.3%
IWR iShares Russell Mid-Cap ETF 0.19% 16,214 $1.6M No change
BCC Boise Cascade Co. 0.19% 21,180 $1.6M Add +41.7%
OUNZ Vaneck Merk Gold ETF 0.18% 37,000 $1.5M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.18% 9,875 $1.5M Reduce -6.0%
VTIP Vanguard Short-Term Tips 0.18% 30,400 $1.5M New
REG Regency Centers Corp. 0.18% 21,584 $1.5M Reduce -2.2%
AVDV Avantis Intl S/C Value ETF 0.18% 15,830 $1.5M No change
META Meta Platforms Inc. Class A 0.18% 2,249 $1.5M Add +3.9%
ITT Itt Inc. 0.18% 8,550 $1.5M No change
NWS News Corp. Class B 0.17% 47,560 $1.4M Add +3.3%
ABBV Abbvie Inc. 0.17% 6,123 $1.4M Reduce -5.3%
HD Home Depot Inc. 0.17% 4,024 $1.4M Reduce -4.7%
PINS Pinterest Inc. Class A 0.16% 52,245 $1.4M New
AEM Agnico Eagle Mines Ltd. 0.15% 7,550 $1.3M Add +0.8%
CAT Caterpillar Inc. 0.15% 2,157 $1.2M Add +34.1%
VSDM Vanguard Short Tax-Ex Bond 0.14% 15,400 $1.2M Add +31.6%
NEE Nextera Energy Inc. 0.14% 14,572 $1.2M Add +2.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.14% 21,163 $1.2M Add +1.7%
IJR iShares Core S&P Small-Cap E 0.14% 9,561 $1.1M No change
ETR Entergy Corp. 0.14% 12,264 $1.1M No change
VPU Vanguard Utilities ETF 0.13% 6,030 $1.1M Reduce -6.5%
EFAV iShares MSCI Eafe Min Vol Fa 0.13% 12,150 $1.0M No change
PLD Prologis Inc. 0.12% 8,076 $1.0M Reduce -13.1%
VDE Vanguard Energy ETF 0.12% 8,125 $1.0M Reduce -30.5%
XAR SS SPDR S&P Aerospace Def 0.12% 4,230 $1.0M Reduce -5.6%
MA Mastercard Inc. Class A 0.12% 1,727 $986K Reduce -3.1%
CVX Chevron Corp. 0.12% 6,429 $980K Add +0.4%
MATX Matson Inc. 0.12% 7,738 $956K No change
VCIT Vanguard Int-Term Corporate 0.11% 11,200 $938K Add +4.7%
DE Deere & Co. 0.11% 1,987 $925K Reduce -9.1%
TT Trane Technologies PLC 0.11% 2,350 $915K Reduce -10.7%
TER Teradyne Inc. 0.11% 4,700 $910K Reduce -12.5%
VFH Vanguard Financials ETF 0.11% 6,810 $909K No change
COR Cencora Inc. 0.11% 2,644 $893K Add +6.0%
VRTX Vertex Pharmaceuticals Inc. 0.11% 1,952 $885K No change
VNQ Vanguard Real Estate ETF 0.10% 9,857 $872K Reduce -2.4%
PG The Procter & Gamble Co. 0.10% 6,082 $872K Reduce -5.2%
CRH CRH PLC 0.10% 6,900 $861K Add +7.8%
LIN Linde PLC 0.10% 1,994 $850K No change
INFL Horizon Kinetics Infl Benef 0.10% 18,972 $843K Reduce -12.1%
MRSH Marsh & McLennan Cos 0.10% 4,306 $799K Reduce -23.4%
ORCL Oracle Corp. 0.10% 4,096 $798K Reduce -15.8%
TRV The Travelers Cos Inc. 0.10% 2,750 $798K Reduce -5.8%
VTV Vanguard Mrngstr Val ETF-Aui 0.10% 4,140 $791K No change
INTF iShares International Equity 0.09% 20,000 $755K Reduce -26.7%
ITIC Investors Title Co. 0.09% 2,925 $730K Reduce -6.4%
PSX Phillips 66 0.09% 5,654 $730K Reduce -14.3%
ADP Automatic Data Processing 0.09% 2,776 $714K Reduce -2.5%
MCD McDonald's Corp. 0.08% 2,282 $697K Add +9.6%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.08% 3,900 $692K Reduce -21.5%
RIO Rio Tinto PLC-Spon ADR 0.08% 8,600 $688K New
PLPC Preformed Line Products Co. 0.08% 3,310 $684K Reduce -8.6%
ACN Accenture PLC Class A 0.08% 2,544 $683K Reduce -8.3%
GHC Graham Holdings Co. Class B 0.08% 620 $681K New
NKE Nike Inc. Class B 0.08% 10,318 $657K Reduce -3.1%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.07% 5,299 $615K No change
ECL Ecolab Inc. 0.07% 2,322 $610K Add +3.9%
SHY iShares 1-3 Year Treasury Bo 0.07% 7,326 $607K Add +2.8%
CB Chubb Ltd. 0.07% 1,929 $602K Reduce -8.3%
IWM iShares Russell 2000 ETF 0.07% 2,409 $593K No change
PRI Primerica Inc. 0.07% 2,281 $589K No change
BWA Borgwarner Inc. 0.07% 12,790 $576K No change
KLAC KLA Corp. 0.07% 470 $571K No change
PHYS Sprott Physical Gold Trust 0.07% 17,000 $561K Reduce -0.6%
BALL Ball Corp. 0.07% 10,530 $558K Reduce -6.2%
STWD Starwood Property Trust Inc. 0.07% 30,735 $554K No change
TTE Totalenergies SE 0.07% 8,453 $553K Reduce -3.4%
TIP iShares Tips Bond ETF 0.07% 5,000 $550K New
HST Host Hotels & Resorts Inc. 0.07% 30,804 $546K Reduce -17.3%
ES Eversource Energy 0.07% 8,107 $546K Reduce -1.8%
WHR Whirlpool Corp. 0.06% 7,475 $539K Add +169.4%
VWO Vanguard Ftse Emerging Marke 0.06% 9,832 $529K Reduce -4.8%
SLV iShares Silver Trust 0.06% 8,200 $528K No change
IAU iShares Gold Trust 0.06% 6,500 $528K No change
RBC RBC Bearings Inc. 0.06% 1,154 $517K No change
PNC PNC Financial Services Group 0.06% 2,443 $510K Add +4.2%
FXF Invesco Currencyshares Swiss 0.06% 4,500 $502K No change
CSCO Cisco Systems Inc. 0.06% 6,495 $500K Reduce -1.9%
GLW Corning Inc. 0.06% 5,700 $499K No change
IWS iShares Russell Mid-Cap Valu 0.06% 3,517 $496K No change
FDX FedEx Corp. 0.06% 1,682 $486K No change
SWX Southwest Gas Holdings Inc. 0.06% 6,000 $480K No change
BR Broadridge Financial Solutio 0.06% 2,131 $476K No change
MCO Moody's Corp. 0.06% 919 $469K No change
JBTM JBT Marel Corp. 0.06% 3,090 $466K No change
MAR Marriott International Class A 0.06% 1,489 $462K Add +3.8%
FNDC Schwab Fndmnt Intl SM Eq ETF 0.05% 10,050 $448K No change
HLI Houlihan Lokey Inc. 0.05% 2,500 $435K Reduce -12.9%
NVDA Nvidia Corp. 0.05% 2,276 $424K Add +82.1%
STE Steris PLC 0.05% 1,658 $420K No change
SBUX Starbucks Corp. 0.05% 4,954 $417K Reduce -7.5%
DFUS Dimensional US Eq MKT ETF 0.05% 5,587 $414K No change
IWB iShares Russell 1000 ETF 0.05% 1,100 $411K No change
IMO Imperial Oil Ltd. 0.05% 4,750 $410K Add +26.7%
JPST JPMorgan Ultra-Short Income 0.05% 8,087 $409K Reduce -6.9%
SONY Sony Group Corp. - SP ADR 0.05% 15,525 $397K Add +99.7%
THC Tenet Healthcare Corp. 0.05% 2,000 $397K Reduce -20.0%
BSV Vanguard Short-Term Bond ETF 0.05% 5,000 $394K No change
ARCO Arcos Dorados Holdings Inc. Class A 0.05% 53,300 $391K Add +19.8%
VOD Vodafone Group PLC-SP ADR 0.05% 29,300 $387K New
FXE Invesco Currencyshares Euro 0.05% 3,500 $380K No change
APH Amphenol Corp. Class A 0.04% 2,766 $374K Reduce -9.8%
JEF Jefferies Financial Group Inc. 0.04% 6,000 $372K No change
VLO Valero Energy Corp. 0.04% 2,214 $360K No change
EXPO Exponent Inc. 0.04% 5,160 $358K Reduce -21.5%
EWS iShares MSCI Singapore ETF 0.04% 13,000 $358K New
WSO Watsco Inc. 0.04% 1,059 $357K No change
VSS Vanguard Ftse All Wo X-US SC 0.04% 2,483 $356K No change
NWSA News Corp. Class A 0.04% 13,200 $345K Reduce -13.2%
ANGL Vaneck Fallen Angel High YLD 0.04% 11,651 $342K Reduce -3.1%
IXC iShares Global Energy ETF 0.04% 8,075 $339K Reduce -5.8%
SPNT Siriuspoint Ltd. 0.04% 15,000 $328K No change
LMNR Limoneira Co. 0.04% 25,300 $319K Reduce -17.2%
NSC Norfolk Southern Corp. 0.04% 1,100 $318K No change
IWD iShares Russell 1000 Value E 0.04% 1,486 $313K Reduce -6.4%
NOV Nov Inc. 0.04% 19,400 $303K New
PCH Potlatchdeltic Corp. 0.04% 7,561 $301K Reduce -6.2%
CMCSA Comcast Corp. Class A 0.04% 10,055 $301K Reduce -42.2%
AVUV Avantis US Small Cap Value 0.04% 2,930 $299K No change
KO The Coca-Cola Co. 0.04% 4,266 $298K No change
FCX Freeport-McMoran Inc. 0.04% 5,800 $295K New
FLLA Franklin Ftse Latin America 0.03% 12,000 $289K New
AN Autonation Inc. 0.03% 1,400 $289K No change
CME Cme Group Inc. 0.03% 1,055 $288K No change
ABT Abbott Laboratories 0.03% 2,295 $288K Reduce -2.0%
EW Edwards Lifesciences Corp. 0.03% 3,350 $286K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.03% 962 $285K Add +21.9%
RYN Rayonier Inc. 0.03% 12,942 $280K Add +3.8%
WAB Wabtec Corp. 0.03% 1,300 $277K Reduce -13.3%
SITE Siteone Landscape Supply Inc. 0.03% 2,200 $274K Reduce -12.8%
STLA Stellantis NV 0.03% 24,840 $271K Reduce -17.0%
LCNB LCNB Corporation 0.03% 16,500 $270K Reduce -37.7%
SHV iShares 0-1 Year Treasury Bo 0.03% 2,450 $270K Reduce -44.9%
MMM 3M Co. 0.03% 1,675 $268K Reduce -7.2%
PH Parker Hannifin Corp. 0.03% 302 $265K Add +8.6%
DFSV Dimensional US Small Cap Val 0.03% 8,000 $263K New
WEC WEC Energy Group Inc. 0.03% 2,372 $250K No change
VXUS Vanguard Total Intl Stock 0.03% 3,300 $249K No change
TMO Thermo Fisher Scientific Inc. 0.03% 429 $249K No change
THO Thor Industries Inc. 0.03% 2,408 $247K No change
BMY Bristol-Myers Squibb Co. 0.03% 4,530 $244K Reduce -11.7%
BMI Badger Meter Inc. 0.03% 1,399 $244K No change
LTPZ PIMCO 15+ YR US Tips Indx 0.03% 4,710 $244K Add +23.9%
ANDE The Andersons Inc. 0.03% 4,500 $239K New
HMC Honda Motor Co. Ltd.-Spons ADR 0.03% 8,100 $239K Reduce -19.4%
PAG Penske Automotive Group Inc. 0.03% 1,500 $237K No change
PSLV Sprott Physical Silver Trust 0.03% 10,000 $237K Reduce -20.0%
FICO Fair Isaac Corp. 0.03% 139 $235K No change
TSLA Tesla Inc. 0.03% 519 $233K No change
SON Sonoco Products Co. 0.03% 5,106 $223K Reduce -5.5%
VOOG Vanguard S&P 500 Growth ETF 0.03% 500 $222K No change
DHC Diversified Healthcare Trust 0.03% 45,000 $218K New
SHLD Global X Defense Tech ETF 0.03% 3,360 $218K No change
COLM Columbia Sportswear Co. 0.03% 3,950 $218K New
UHAL.B U-Haul Holding Co.-Non Voting 0.03% 4,640 $217K Reduce -8.3%
PBR Petroleo Brasileiro-Spon ADR 0.03% 18,000 $213K New
GGG Graco Inc. 0.03% 2,589 $212K No change
DHR Danaher Corp. 0.03% 920 $211K New
DGX Quest Diagnostics Inc. 0.03% 1,200 $208K No change
LMT Lockheed Martin Corp. 0.03% 430 $208K Reduce -25.9%
ALK Alaska Air Group Inc. 0.02% 4,094 $206K New
RVSB Riverview Bancorp Inc. 0.02% 41,000 $206K Add +173.3%
MET Metlife Inc. 0.02% 2,593 $205K No change
NXST Nexstar Media Group Inc. 0.02% 1,000 $203K New
USMV iShares MSCI USA Min Vol Fac 0.02% 2,125 $200K No change
SELF Global Self Storage Inc. 0.02% 39,000 $199K Add +18.2%
IFN Aberdeen India Fund Inc. 0.02% 12,000 $165K New
TTI Tetra Technologies Inc. 0.02% 17,000 $159K No change
BSM Black Stone Minerals LP 0.02% 11,000 $146K No change
WU Western Union Co. 0.01% 10,000 $93K New
ABEV Ambev SA-ADR 0.01% 30,000 $74K Reduce -14.3%
CRDF Cardiff Oncology Inc. 0.01% 20,000 $56K No change

Portfolio Sells Q3 2025 → Q4 2025
FISV Fiserv Inc. Sold out 0.00% −0.66
STRL Sterling Infrastructure Inc. Reduce -3.7% 1.92% −0.34
VTI VG Morningstar TS MKT ETF-US Reduce -2.2% 9.00% −0.22
COST Costco Wholesale Corp. Reduce -0.4% 1.43% −0.15
VGT Vanguard Info Tech ETF Reduce -2.9% 3.03% −0.13
CARR Carrier Global Corp. Reduce -5.3% 0.57% −0.13
GBIL Goldman Sachs Access Treasur Reduce -4.4% 1.30% −0.10
JHMM John Hancock Multi Fact Mid Reduce -4.0% 1.50% −0.08
ORCL Oracle Corp. Reduce -15.8% 0.10% −0.07
NOC Northrop Grumman Corp. Reduce -1.4% 0.65% −0.07
SYK Stryker Corp. Reduce -0.4% 0.88% −0.07
VYM Vanguard High DVD Yield ETF Reduce -2.4% 2.34% −0.07
SCHD Schwab US DVD Equity ETF Reduce -2.9% 1.27% −0.06
VDE Vanguard Energy ETF Reduce -30.5% 0.12% −0.06
WY Weyerhaeuser Co. Reduce -6.6% 0.39% −0.06
SNY Sanofi-ADR Reduce -10.2% 0.49% −0.05
LPX Louisiana-Pacific Corp. Reduce -1.8% 0.34% −0.05
DFAI Dimensional International Co. Sold out 0.00% −0.05
LH Labcorp Holdings Inc. Reduce -4.1% 0.21% −0.05
HD Home Depot Inc. Reduce -4.7% 0.17% −0.04
KIM Kimco Realty Corp. Reduce -3.1% 0.32% −0.04
MRSH Marsh & McLennan Cos Reduce -23.4% 0.10% −0.04
SPY SS SPDR S&P 500 ETF Trust-US Reduce -5.5% 0.72% −0.04
RSP Invesco S&P 500 Equal Weight Reduce -8.4% 0.37% −0.04
UDR Udr Inc. Sold out 0.00% −0.04
ALE Allete Inc. Sold out 0.00% −0.04
VXF Vanguard Extended Market ETF Reduce -5.3% 0.46% −0.04
VZ Verizon Communications Inc. Reduce -0.2% 0.35% −0.04
GNTX Gentex Corp. Sold out 0.00% −0.03
CMCSA Comcast Corp. Class A Reduce -42.2% 0.04% −0.03
INTF iShares International Equity Reduce -26.7% 0.09% −0.03
CTNM Contineum Therapeutics Inc. Class A Sold out 0.00% −0.03
SHV iShares 0-1 Year Treasury Bo Reduce -44.9% 0.03% −0.03
MGC Vngrd Mrngstr MG Cap ETF-Usd Reduce -3.0% 1.10% −0.03
RUSHB Rush Enterprises Inc. Class B Sold out 0.00% −0.03
TT Trane Technologies PLC Reduce -10.7% 0.11% −0.03
HON Honeywell International Inc. Reduce -2.3% 0.20% −0.03
UNP Union Pacific Corp. Reduce -4.0% 0.28% −0.03
DFAS Dimensional US Small Cap ETF Sold out 0.00% −0.03
VOE Vngrd Mrngstr MD-Cap Val ETF Reduce -21.5% 0.08% −0.02
PSX Phillips 66 Reduce -14.3% 0.09% −0.02
JMST JPM Ultra-Short Muni Income Reduce -7.3% 0.19% −0.02
FMX Fomento Economico Mex-SP ADR Reduce -4.5% 0.45% −0.02
HLI Houlihan Lokey Inc. Reduce -12.9% 0.05% −0.02
REG Regency Centers Corp. Reduce -2.2% 0.18% −0.02
LMNR Limoneira Co. Reduce -17.2% 0.04% −0.02
INFL Horizon Kinetics Infl Benef Reduce -12.1% 0.10% −0.02
ADP Automatic Data Processing Reduce -2.5% 0.09% −0.02
PG The Procter & Gamble Co. Reduce -5.2% 0.10% −0.02
LCNB LCNB Corporation Reduce -37.7% 0.03% −0.02

Portfolio Buys Q3 2025 → Q4 2025
SCHP Schwab U.S. Tips ETF New 0.26% +0.26
GOOGL Alphabet Inc. Class A Add +0.3% 1.17% +0.24
DISV Dimensional International SM Add +4.8% 2.40% +0.20
VTIP Vanguard Short-Term Tips New 0.18% +0.18
PINS Pinterest Inc. Class A New 0.16% +0.16
IXUS iShares Core Intl Stock ETF Add +9.1% 1.80% +0.15
LLY Eli Lilly & Co. Add +2.2% 0.46% +0.13
MLI Mueller Industries Inc. Add +3.7% 0.70% +0.09
RTX RTX Corp. Add +0.2% 1.31% +0.09
AAPL Apple Inc. Add +1.6% 1.47% +0.08
RIO Rio Tinto PLC-Spon ADR New 0.08% +0.08
GHC Graham Holdings Co. Class B New 0.08% +0.08
GSIE Goldman Sachs Activebeta Int Add +1.4% 2.18% +0.07
VHT Vanguard Health Care ETF Add +8.5% 0.44% +0.07
TIP iShares Tips Bond ETF New 0.07% +0.07
VOO Vanguard S&P 500 ETF Add +2.7% 2.24% +0.06
DGS Wisdomtree Em Small Cap Add +7.9% 1.06% +0.06
AMZN Amazon.com Inc. Add +5.5% 0.72% +0.06
CAT Caterpillar Inc. Add +34.1% 0.15% +0.05
GLDM SPDR Gold Minishares Trust Add +0.4% 0.62% +0.05
SGOV iShares 0-3 Month Treasury B Add +6.8% 1.26% +0.05
VOD Vodafone Group PLC-SP ADR New 0.05% +0.05
BCC Boise Cascade Co. Add +41.7% 0.19% +0.05
EWS iShares MSCI Singapore ETF New 0.04% +0.04
SLB SLB Ltd. Add +0.1% 0.49% +0.04
FNDX Schwab Fndmntl US LRG Co. ETF Add +5.2% 0.69% +0.04
JNJ Johnson & Johnson Add +5.0% 0.31% +0.04
WHR Whirlpool Corp. Add +169.4% 0.06% +0.04
NOV Nov Inc. New 0.04% +0.04
FCX Freeport-McMoran Inc. New 0.04% +0.04
FLLA Franklin Ftse Latin America New 0.03% +0.03
AMRZ Amrize Ltd. Add +2.6% 0.32% +0.03
DFSV Dimensional US Small Cap Val New 0.03% +0.03
VSDM Vanguard Short Tax-Ex Bond Add +31.6% 0.14% +0.03
ANDE The Andersons Inc. New 0.03% +0.03
DHC Diversified Healthcare Trust New 0.03% +0.03
COLM Columbia Sportswear Co. New 0.03% +0.03
PBR Petroleo Brasileiro-Spon ADR New 0.03% +0.03
DHR Danaher Corp. New 0.03% +0.03
ALK Alaska Air Group Inc. New 0.02% +0.02
NXST Nexstar Media Group Inc. New 0.02% +0.02
NVDA Nvidia Corp. Add +82.1% 0.05% +0.02
NVS Novartis AG-Sponsored ADR Add +3.7% 0.25% +0.02
SONY Sony Group Corp. - SP ADR Add +99.7% 0.05% +0.02
IFN Aberdeen India Fund Inc. New 0.02% +0.02
WMT Walmart Inc. Add +2.0% 0.24% +0.02
RVSB Riverview Bancorp Inc. Add +173.3% 0.02% +0.01
JPM JPMorgan Chase & Co. Add +0.9% 2.15% +0.01
TAP Molson Coors Beverage Co. Class B Add +0.9% 0.84% +0.01
COR Cencora Inc. Add +6.0% 0.11% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 265$964.1MVTI, LRCX, STRL, BRK.B, VGT
Q1 2026 254$842.5MVTI, BRK.B, LRCX, VGT, DISV
Q4 2025 260$831.0MVTI, BRK.B, MSFT, VGT, DISV
Q3 2025 249$812.0MVTI, BRK.B, MSFT, VGT, VYM
Q2 2025 216$728.6MVTI, BRK.B, MSFT, VGT, VYM
Q1 2025 221$693.0MVTI, BRK.B, MSFT, VYM, VGT
Q4 2024 215$679.6MVTI, BRK.B, MSFT, VGT, VYM
Q3 2024 226$706.8MVTI, BRK.B, MSFT, VGT, VYM
Q2 2024 210$663.7MVTI, BRK.B, MSFT, VGT, VYM
Q1 2024 216$671.6MVTI, BRK.B, MSFT, VYM, VGT