Baring Financial LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 4, 2025), Baring Financial LLC reported 65 stock positions worth $119.1 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 7.7% of the portfolio, followed by SS SPDR BB 1-3M T-Bill ETF (BIL, 4.6%) and Dimensional International (DFAI, 4.6%). Compared with Q4 2024, it opened 4 new positions, sold out of 1, added to 29 and reduced 30. The biggest buy was Invesco S&P 500 Equal Weight (RSP, shares +57%) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- BELLINGHAM, WA
- CIK
- 0002052588
- Portfolio Value
- $119.1M (Q1 2025)
- SEC Filing
- 0002052588-25-000003 ↗ filed Apr 4, 2025
Holdings Value
Holdings 65 stocks · $119.1M
| IVV iShares Core S&P 500 ETF | 7.68% | 16,273 | $9.1M | Reduce -5.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 4.61% | 59,899 | $5.5M | Add +25.9% |
| DFAI Dimensional International Co. | 4.59% | 175,225 | $5.5M | Add +19.1% |
| RSP Invesco S&P 500 Equal Weight | 4.43% | 30,456 | $5.3M | Add +57.5% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 4.33% | 32,144 | $5.2M | Add +18.1% |
| QQQ Invesco QQQ Trust Series 1 | 4.11% | 10,436 | $4.9M | Reduce -10.8% |
| DFAC Dimensional US Core Equity 2 | 3.89% | 140,583 | $4.6M | Add +18.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.88% | 8,675 | $4.6M | Reduce -1.0% |
| AGNT Agnt Inc. filed as EXP WORLD HLDGS INC | 3.72% | 453,367 | $4.4M | Reduce -0.1% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 3.40% | 13,098 | $4.0M | Add +4.6% |
| SHV iShares 0-1 Year Treasury Bo | 3.23% | 34,780 | $3.8M | Add +53.9% |
| SGOV iShares 0-3 Month Treasury B | 3.18% | 37,602 | $3.8M | Add +54.8% |
| FLOT iShares Floating Rate Bond E | 3.13% | 73,042 | $3.7M | Add +51.1% |
| TFLO iShares Treasury Floating Ra | 3.08% | 72,484 | $3.7M | Add +56.5% |
| SCHG Schwab US Large-Cap Growth | 2.82% | 134,105 | $3.4M | Add +1.7% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 2.76% | 13,435 | $3.3M | Add +23.0% |
| MSFT Microsoft Corp. | 2.48% | 7,866 | $3.0M | Reduce -1.2% |
| IJT iShares S&P Small-Cap 600 GR | 1.92% | 18,355 | $2.3M | Add +26.1% |
| VOO Vanguard S&P 500 ETF | 1.89% | 4,385 | $2.3M | Add +23.3% |
| AAPL Apple Inc. | 1.79% | 9,607 | $2.1M | Reduce -4.7% |
| IJS iShares S&P Small-Cap 600 Va | 1.70% | 20,750 | $2.0M | Add +24.7% |
| USMV iShares MSCI USA Min Vol Fac | 1.61% | 20,515 | $1.9M | Reduce -9.1% |
| COST Costco Wholesale Corp. | 1.58% | 1,991 | $1.9M | Reduce -0.7% |
| IBIT iShares Bitcoin Trust ETF | 1.58% | 40,100 | $1.9M | Add +76.0% |
| VIG Vanguard Dividend Apprec ETF | 1.38% | 8,444 | $1.6M | Reduce -9.2% |
| NVDA Nvidia Corp. | 1.19% | 13,107 | $1.4M | Add +24.6% |
| TSLA Tesla Inc. | 1.16% | 5,352 | $1.4M | Reduce -22.6% |
| JPM JPMorgan Chase & Co. | 1.14% | 5,556 | $1.4M | Reduce -0.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.09% | 2,329 | $1.3M | Reduce -4.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.09% | 3,488 | $1.3M | Reduce -4.9% |
| LMT Lockheed Martin Corp. | 1.02% | 2,718 | $1.2M | Add +0.5% |
| ITOT iShares Core S&P Total U.S. | 0.96% | 9,356 | $1.1M | Reduce -10.8% |
| QQQM Invesco Nasdaq 100 ETF | 0.90% | 5,571 | $1.1M | Add +31.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.90% | 6,172 | $1.1M | Reduce -12.1% |
| JNJ Johnson & Johnson | 0.81% | 5,784 | $959K | Add +2.9% |
| CAT Caterpillar Inc. | 0.74% | 2,655 | $876K | Add +10.3% |
| AMZN Amazon.com Inc. | 0.73% | 4,554 | $866K | Add +3.2% |
| IWV iShares Russell 3000 ETF | 0.71% | 2,665 | $847K | Reduce -25.5% |
| PSX Phillips 66 | 0.55% | 5,334 | $659K | Reduce -4.2% |
| IWD iShares Russell 1000 Value E | 0.55% | 3,470 | $653K | Reduce -1.5% |
| IWF iShares Russell 1000 Growth | 0.54% | 1,796 | $648K | Reduce -8.7% |
| PCAR Paccar Inc. | 0.54% | 6,636 | $646K | Reduce -0.9% |
| HDV iShares Core High Dividend E | 0.54% | 5,320 | $644K | Reduce -13.2% |
| GOOGL Alphabet Inc. Class A | 0.49% | 3,740 | $578K | Reduce -8.1% |
| XOM Exxon Mobil Corp. | 0.44% | 4,407 | $524K | Add +1.2% |
| DVY iShares Select Dividend ETF | 0.41% | 3,657 | $491K | Reduce -5.6% |
| PG The Procter & Gamble Co. | 0.40% | 2,816 | $480K | Add +1.2% |
| WM Waste Management Inc. | 0.39% | 1,996 | $462K | Reduce -3.8% |
| META Meta Platforms Inc. Class A | 0.35% | 723 | $417K | Add +2.5% |
| IWB iShares Russell 1000 ETF | 0.33% | 1,262 | $387K | No change |
| V Visa Inc. Class A | 0.31% | 1,062 | $372K | Reduce -0.8% |
| IWP iShares Russell Mid-Cap Grow | 0.28% | 2,867 | $337K | Reduce -15.2% |
| DE Deere & Co. | 0.28% | 701 | $329K | Reduce -7.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.28% | 496 | $329K | Reduce -9.2% |
| NOC Northrop Grumman Corp. | 0.26% | 615 | $315K | Add +0.5% |
| GOOG Alphabet Inc. Class C | 0.25% | 1,888 | $295K | Add +9.9% |
| LLY Eli Lilly & Co. | 0.21% | 299 | $247K | Add +10.7% |
| HD Home Depot Inc. | 0.18% | 585 | $214K | No change |
| AVGO Broadcom Inc. | 0.18% | 1,271 | $213K | New |
| PKG Packaging Corp. of America | 0.18% | 1,073 | $212K | Add +0.3% |
| WMT Walmart Inc. | 0.18% | 2,380 | $209K | Reduce -8.6% |
| RTX RTX Corp. | 0.18% | 1,577 | $209K | New |
| IEFA iShares Core MSCI Eafe ETF | 0.17% | 2,732 | $207K | Reduce -8.8% |
| FBTC Fidelity Wise Origin Bitcoin | 0.17% | 2,792 | $201K | New |
| PLTR Palantir Technologies Inc. Class A | 0.17% | 2,379 | $201K | New |
Portfolio Sells Q4 2024 → Q1 2025
| IVV iShares Core S&P 500 ETF | Reduce -5.4% | 7.68% | −1.35 |
| TSLA Tesla Inc. | Reduce -22.6% | 1.16% | −1.33 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -10.8% | 4.11% | −1.22 |
| AGNT Agnt Inc. | Reduce -0.1% | 3.72% | −0.93 |
| MSFT Microsoft Corp. | Reduce -1.2% | 2.48% | −0.51 |
| AAPL Apple Inc. | Reduce -4.7% | 1.79% | −0.46 |
| IWV iShares Russell 3000 ETF | Reduce -25.5% | 0.71% | −0.35 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -4.9% | 1.09% | −0.26 |
| VIG Vanguard Dividend Apprec ETF | Reduce -9.2% | 1.38% | −0.25 |
| ITOT iShares Core S&P Total U.S. | Reduce -10.8% | 0.96% | −0.24 |
| IWR iShares Russell Mid-Cap ETF | Sold out | 0.00% | −0.23 |
| GOOGL Alphabet Inc. Class A | Reduce -8.1% | 0.49% | −0.20 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.5% | 1.09% | −0.18 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -9.1% | 1.61% | −0.17 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -12.1% | 0.90% | −0.16 |
| IWF iShares Russell 1000 Growth | Reduce -8.7% | 0.54% | −0.16 |
| IWP iShares Russell Mid-Cap Grow | Reduce -15.2% | 0.28% | −0.10 |
| PCAR Paccar Inc. | Reduce -0.9% | 0.54% | −0.08 |
| HDV iShares Core High Dividend E | Reduce -13.2% | 0.54% | −0.07 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -9.2% | 0.28% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -0.7% | 1.58% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -0.8% | 1.14% | −0.05 |
| DVY iShares Select Dividend ETF | Reduce -5.6% | 0.41% | −0.04 |
| WMT Walmart Inc. | Reduce -8.6% | 0.18% | −0.03 |
| IWD iShares Russell 1000 Value E | Reduce -1.5% | 0.55% | −0.03 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -8.8% | 0.17% | −0.01 |
| PSX Phillips 66 | Reduce -4.2% | 0.55% | −0.01 |
| DE Deere & Co. | Reduce -7.0% | 0.28% | −0.01 |
| V Visa Inc. Class A | Reduce -0.8% | 0.31% | +0.01 |
| WM Waste Management Inc. | Reduce -3.8% | 0.39% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.0% | 3.88% | +0.34 |
Portfolio Buys Q4 2024 → Q1 2025
| RSP Invesco S&P 500 Equal Weight | Add +57.5% | 4.43% | +1.41 |
| SHV iShares 0-1 Year Treasury Bo | Add +53.9% | 3.23% | +1.01 |
| SGOV iShares 0-3 Month Treasury B | Add +54.8% | 3.18% | +1.01 |
| TFLO iShares Treasury Floating Ra | Add +56.5% | 3.08% | +1.00 |
| FLOT iShares Floating Rate Bond E | Add +51.1% | 3.13% | +0.94 |
| DFAI Dimensional International Co. | Add +19.1% | 4.59% | +0.76 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +25.9% | 4.61% | +0.73 |
| IBIT iShares Bitcoin Trust ETF | Add +76.0% | 1.58% | +0.50 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +18.1% | 4.33% | +0.41 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +23.0% | 2.76% | +0.29 |
| DFAC Dimensional US Core Equity 2 | Add +18.9% | 3.89% | +0.25 |
| VOO Vanguard S&P 500 ETF | Add +23.3% | 1.89% | +0.18 |
| AVGO Broadcom Inc. | New | 0.18% | +0.18 |
| RTX RTX Corp. | New | 0.18% | +0.18 |
| FBTC Fidelity Wise Origin Bitcoin | New | 0.17% | +0.17 |
| PLTR Palantir Technologies Inc. Class A | New | 0.17% | +0.17 |
| IJT iShares S&P Small-Cap 600 GR | Add +26.1% | 1.92% | +0.16 |
| QQQM Invesco Nasdaq 100 ETF | Add +31.4% | 0.90% | +0.11 |
| IJS iShares S&P Small-Cap 600 Va | Add +24.7% | 1.70% | +0.09 |
| JNJ Johnson & Johnson | Add +2.9% | 0.81% | +0.08 |
| XOM Exxon Mobil Corp. | Add +1.2% | 0.44% | +0.02 |
| LLY Eli Lilly & Co. | Add +10.7% | 0.21% | +0.02 |
| NOC Northrop Grumman Corp. | Add +0.5% | 0.26% | +0.01 |
| PG The Procter & Gamble Co. | Add +1.2% | 0.40% | −0.01 |
| META Meta Platforms Inc. Class A | Add +2.5% | 0.35% | −0.02 |
| PKG Packaging Corp. of America | Add +0.3% | 0.18% | −0.04 |
| CAT Caterpillar Inc. | Add +10.3% | 0.74% | −0.04 |
| GOOG Alphabet Inc. Class C | Add +9.9% | 0.25% | −0.04 |
| NVDA Nvidia Corp. | Add +24.6% | 1.19% | −0.07 |
| AMZN Amazon.com Inc. | Add +3.2% | 0.73% | −0.14 |
| LMT Lockheed Martin Corp. | Add +0.5% | 1.02% | −0.15 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +4.6% | 3.40% | −0.44 |
| SCHG Schwab US Large-Cap Growth | Add +1.7% | 2.82% | −0.46 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 83 | $181.1M | IVV, QQQM, MGK, SCHV, DFAI |
| Q1 2026 | 72 | $163.5M | IVV, QQQM, MGK, SCHV, DFAI |
| Q4 2025 | 70 | $164.3M | IVV, QQQM, MGK, SCHV, DFAI |
| Q3 2025 | 66 | $146.7M | IVV, DFAI, BIL, VOE, MGK |
| Q2 2025 | 67 | $133.9M | IVV, DFAI, RSP, QQQ, BIL |
| Q1 2025 | 65 | $119.1M | IVV, BIL, DFAI, RSP, VOE |
| Q4 2024 | 62 | $112.2M | IVV, QQQ, AGNT, VOE, BIL |