Baring Financial LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 7, 2026), Baring Financial LLC reported 70 stock positions worth $164.3 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 9.8% of the portfolio, followed by Invesco Nasdaq 100 ETF (QQQM, 7.4%) and Vngrd Mrgstr MG CP GR ETF-Ui (MGK, 5.6%). Compared with Q3 2025, it opened 5 new positions, sold out of 1, added to 42 and reduced 21. The biggest buy was Invesco Nasdaq 100 ETF (QQQM, shares +415%) and the biggest sale an exit from Invesco S&P 500 Equal Weight (RSP).
- Most Recent 13F
- Q2 2026
- Location
- BELLINGHAM, WA
- CIK
- 0002052588
- Portfolio Value
- $164.3M (Q4 2025)
- SEC Filing
- 0002052588-26-000001 ↗ filed Jan 7, 2026
Holdings Value
Holdings 70 stocks · $164.3M
| IVV iShares Core S&P 500 ETF | 9.76% | 23,400 | $16.0M | Add +47.5% |
| QQQM Invesco Nasdaq 100 ETF | 7.44% | 48,314 | $12.2M | Add +415.1% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 5.58% | 22,212 | $9.2M | Add +46.3% |
| SCHV Schwab US Large-Cap Value | 4.18% | 231,950 | $6.9M | New |
| DFAI Dimensional International Co. | 3.81% | 164,143 | $6.3M | Reduce -13.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 3.79% | 68,221 | $6.2M | Add +1.3% |
| QQQ Invesco QQQ Trust Series 1 | 3.44% | 9,198 | $5.7M | Reduce -8.3% |
| SGOV iShares 0-3 Month Treasury B | 3.31% | 54,225 | $5.4M | Add +20.4% |
| SHV iShares 0-1 Year Treasury Bo | 3.11% | 46,401 | $5.1M | Add +12.5% |
| VIG Vanguard Dividend Apprec ETF | 2.95% | 22,022 | $4.8M | Add +168.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.93% | 9,569 | $4.8M | Add +4.2% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 2.89% | 16,996 | $4.7M | Add +15.4% |
| FLOT iShares Floating Rate Bond E | 2.81% | 90,700 | $4.6M | Add +14.6% |
| MSFT Microsoft Corp. | 2.80% | 9,513 | $4.6M | Add +3.5% |
| TFLO iShares Treasury Floating Ra | 2.79% | 90,939 | $4.6M | Add +9.9% |
| AGNT Agnt Inc. filed as EXP WORLD HLDGS INC | 2.51% | 455,056 | $4.1M | No change |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 2.04% | 18,902 | $3.4M | Reduce -46.0% |
| DFIV Dimensional International Va | 2.01% | 66,317 | $3.3M | New |
| IJT iShares S&P Small-Cap 600 GR | 1.98% | 22,995 | $3.2M | Add +10.1% |
| IJS iShares S&P Small-Cap 600 Va | 1.90% | 27,467 | $3.1M | Add +17.6% |
| VOO Vanguard S&P 500 ETF | 1.88% | 4,925 | $3.1M | Reduce -2.7% |
| IBIT iShares Bitcoin Trust ETF | 1.78% | 58,826 | $2.9M | Reduce -3.8% |
| AAPL Apple Inc. | 1.66% | 10,054 | $2.7M | Reduce -0.1% |
| NVDA Nvidia Corp. | 1.54% | 13,607 | $2.5M | Add +3.1% |
| TSLA Tesla Inc. | 1.23% | 4,507 | $2.0M | Reduce -5.3% |
| JPM JPMorgan Chase & Co. | 1.09% | 5,569 | $1.8M | Add +1.4% |
| USMV iShares MSCI USA Min Vol Fac | 1.03% | 18,021 | $1.7M | Reduce -0.8% |
| CAT Caterpillar Inc. | 0.98% | 2,803 | $1.6M | Add +2.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.88% | 2,959 | $1.4M | Reduce -3.7% |
| GOOGL Alphabet Inc. Class A | 0.82% | 4,318 | $1.4M | Add +12.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.82% | 1,978 | $1.3M | Reduce -5.1% |
| ITOT iShares Core S&P Total U.S. | 0.82% | 9,057 | $1.3M | Reduce -1.1% |
| LMT Lockheed Martin Corp. | 0.81% | 2,754 | $1.3M | Add +0.5% |
| AMZN Amazon.com Inc. | 0.81% | 5,753 | $1.3M | Add +10.4% |
| COST Costco Wholesale Corp. | 0.76% | 1,454 | $1.3M | Add +7.5% |
| JNJ Johnson & Johnson | 0.73% | 5,760 | $1.2M | Add +1.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.72% | 6,186 | $1.2M | Add +4.6% |
| XLG Invesco S&P 500 Top 50 ETF | 0.70% | 19,323 | $1.1M | New |
| IWV iShares Russell 3000 ETF | 0.54% | 2,306 | $892K | Reduce -9.8% |
| IWF iShares Russell 1000 Growth | 0.48% | 1,655 | $783K | Reduce -21.4% |
| SCHG Schwab US Large-Cap Growth | 0.43% | 21,728 | $709K | Reduce -85.7% |
| PCAR Paccar Inc. | 0.42% | 6,354 | $696K | Add +0.1% |
| XOM Exxon Mobil Corp. | 0.41% | 5,567 | $670K | Add +9.1% |
| PSX Phillips 66 | 0.41% | 5,167 | $667K | Reduce -0.3% |
| DFAC Dimensional US Core Equity 2 | 0.39% | 16,268 | $644K | Reduce -89.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.38% | 582 | $623K | Add +15.0% |
| META Meta Platforms Inc. Class A | 0.35% | 879 | $580K | Add +11.6% |
| GOOG Alphabet Inc. Class C | 0.33% | 1,733 | $544K | Add +0.2% |
| DVY iShares Select Dividend ETF | 0.29% | 3,391 | $479K | Reduce -0.4% |
| HDV iShares Core High Dividend E | 0.29% | 3,886 | $473K | Reduce -15.9% |
| AVGO Broadcom Inc. | 0.29% | 1,359 | $470K | Add +2.2% |
| V Visa Inc. Class A | 0.28% | 1,335 | $468K | Add +25.4% |
| WM Waste Management Inc. | 0.27% | 2,042 | $449K | Add +0.1% |
| DE Deere & Co. | 0.26% | 921 | $429K | Add +28.8% |
| PLTR Palantir Technologies Inc. Class A | 0.25% | 2,354 | $418K | Reduce -10.0% |
| LLY Eli Lilly & Co. | 0.25% | 386 | $415K | Add +35.9% |
| IWB iShares Russell 1000 ETF | 0.25% | 1,081 | $404K | No change |
| PG The Procter & Gamble Co. | 0.24% | 2,784 | $399K | Add +1.6% |
| NOC Northrop Grumman Corp. | 0.21% | 619 | $353K | Add +0.2% |
| GLD SPDR Gold Shares | 0.21% | 873 | $346K | Add +15.8% |
| IWP iShares Russell Mid-Cap Grow | 0.21% | 2,502 | $343K | Reduce -10.9% |
| IWD iShares Russell 1000 Value E | 0.20% | 1,556 | $327K | Reduce -59.8% |
| WMT Walmart Inc. | 0.19% | 2,870 | $320K | Add +22.0% |
| RTX RTX Corp. | 0.18% | 1,614 | $296K | Add +3.3% |
| MU Micron Technology Inc. | 0.17% | 975 | $278K | New |
| IEFA iShares Core MSCI Eafe ETF | 0.16% | 2,866 | $256K | Add +13.3% |
| HD Home Depot Inc. | 0.15% | 708 | $244K | Add +25.1% |
| PKG Packaging Corp. of America | 0.13% | 1,074 | $221K | Add +0.4% |
| HODL Vaneck Bitcoin ETF | 0.13% | 8,830 | $218K | New |
| NFLX Netflix Inc. | 0.12% | 2,181 | $204K | Add +16.6% |
Portfolio Sells Q3 2025 → Q4 2025
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −3.96 |
| DFAC Dimensional US Core Equity 2 | Reduce -89.3% | 0.39% | −3.61 |
| SCHG Schwab US Large-Cap Growth | Reduce -85.7% | 0.43% | −2.87 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -46.0% | 2.04% | −2.13 |
| IBIT iShares Bitcoin Trust ETF | Reduce -3.8% | 1.78% | −0.93 |
| DFAI Dimensional International Co. | Reduce -13.4% | 3.81% | −0.89 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -8.3% | 3.44% | −0.67 |
| IWD iShares Russell 1000 Value E | Reduce -59.8% | 0.20% | −0.34 |
| VOO Vanguard S&P 500 ETF | Reduce -2.7% | 1.88% | −0.23 |
| TSLA Tesla Inc. | Reduce -5.3% | 1.23% | −0.21 |
| IWF iShares Russell 1000 Growth | Reduce -21.4% | 0.48% | −0.20 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -0.8% | 1.03% | −0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.1% | 0.82% | −0.13 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -3.7% | 0.88% | −0.13 |
| IWV iShares Russell 3000 ETF | Reduce -9.8% | 0.54% | −0.12 |
| HDV iShares Core High Dividend E | Reduce -15.9% | 0.29% | −0.10 |
| ITOT iShares Core S&P Total U.S. | Reduce -1.1% | 0.82% | −0.09 |
| AAPL Apple Inc. | Reduce -0.1% | 1.66% | −0.08 |
| PSX Phillips 66 | Reduce -0.3% | 0.41% | −0.07 |
| PLTR Palantir Technologies Inc. Class A | Reduce -10.0% | 0.25% | −0.07 |
| IWP iShares Russell Mid-Cap Grow | Reduce -10.9% | 0.21% | −0.06 |
| DVY iShares Select Dividend ETF | Reduce -0.4% | 0.29% | −0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| QQQM Invesco Nasdaq 100 ETF | Add +415.1% | 7.44% | +5.86 |
| SCHV Schwab US Large-Cap Value | New | 4.18% | +4.18 |
| IVV iShares Core S&P 500 ETF | Add +47.5% | 9.76% | +2.52 |
| DFIV Dimensional International Va | New | 2.01% | +2.01 |
| VIG Vanguard Dividend Apprec ETF | Add +168.6% | 2.95% | +1.74 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +46.3% | 5.58% | +1.42 |
| XLG Invesco S&P 500 Top 50 ETF | New | 0.70% | +0.70 |
| SGOV iShares 0-3 Month Treasury B | Add +20.4% | 3.31% | +0.22 |
| GOOGL Alphabet Inc. Class A | Add +12.3% | 0.82% | +0.19 |
| MU Micron Technology Inc. | New | 0.17% | +0.17 |
| IJS iShares S&P Small-Cap 600 Va | Add +17.6% | 1.90% | +0.14 |
| HODL Vaneck Bitcoin ETF | New | 0.13% | +0.13 |
| LLY Eli Lilly & Co. | Add +35.9% | 0.25% | +0.10 |
| CAT Caterpillar Inc. | Add +2.3% | 0.98% | +0.09 |
| FLOT iShares Floating Rate Bond E | Add +14.6% | 2.81% | +0.05 |
| ASML ASML Holding NV-NY Reg SHS | Add +15.0% | 0.38% | +0.05 |
| GOOG Alphabet Inc. Class C | Add +0.2% | 0.33% | +0.04 |
| DE Deere & Co. | Add +28.8% | 0.26% | +0.04 |
| V Visa Inc. Class A | Add +25.4% | 0.28% | +0.04 |
| WMT Walmart Inc. | Add +22.0% | 0.19% | +0.03 |
| AMZN Amazon.com Inc. | Add +10.4% | 0.81% | +0.03 |
| GLD SPDR Gold Shares | Add +15.8% | 0.21% | +0.03 |
| XOM Exxon Mobil Corp. | Add +9.1% | 0.41% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +13.3% | 0.16% | +0.01 |
| JNJ Johnson & Johnson | Add +1.1% | 0.73% | +0.01 |
| SHV iShares 0-1 Year Treasury Bo | Add +12.5% | 3.11% | +0.00 |
| RTX RTX Corp. | Add +3.3% | 0.18% | +0.00 |
| PCAR Paccar Inc. | Add +0.1% | 0.42% | −0.00 |
| HD Home Depot Inc. | Add +25.1% | 0.15% | −0.01 |
| AVGO Broadcom Inc. | Add +2.2% | 0.29% | −0.01 |
| PKG Packaging Corp. of America | Add +0.4% | 0.13% | −0.02 |
| NFLX Netflix Inc. | Add +16.6% | 0.12% | −0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +4.6% | 0.72% | −0.03 |
| WM Waste Management Inc. | Add +0.1% | 0.27% | −0.03 |
| IJT iShares S&P Small-Cap 600 GR | Add +10.1% | 1.98% | −0.04 |
| META Meta Platforms Inc. Class A | Add +11.6% | 0.35% | −0.04 |
| NOC Northrop Grumman Corp. | Add +0.2% | 0.21% | −0.04 |
| PG The Procter & Gamble Co. | Add +1.6% | 0.24% | −0.04 |
| TFLO iShares Treasury Floating Ra | Add +9.9% | 2.79% | −0.06 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +15.4% | 2.89% | −0.06 |
| JPM JPMorgan Chase & Co. | Add +1.4% | 1.09% | −0.09 |
| COST Costco Wholesale Corp. | Add +7.5% | 0.76% | −0.09 |
| LMT Lockheed Martin Corp. | Add +0.5% | 0.81% | −0.12 |
| NVDA Nvidia Corp. | Add +3.1% | 1.54% | −0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.2% | 2.93% | −0.22 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +1.3% | 3.79% | −0.42 |
| MSFT Microsoft Corp. | Add +3.5% | 2.80% | −0.44 |
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 |