Berkeley, Inc
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 1, 2025), Berkeley, Inc reported 65 stock positions worth $213.1 million. Its top holding was Distillate US Fundamental St (DSTL) at 9.3% of the portfolio, followed by Visa Class A (V, 7.8%) and NVR (NVR, 6.5%). Compared with Q4 2024, it opened 7 new positions, sold out of 7, added to 16 and reduced 33. The biggest buy was a new position in Invesco S&P International DE (IDHQ) and the biggest sale iShares Cur HDG MSCI Eafe SM (HSCZ, shares −79%).
- Most Recent 13F
- Q2 2026
- Location
- Boise, ID
- CIK
- 0002051965
- Portfolio Value
- $213.1M (Q1 2025)
- SEC Filing
- 0001085146-25-002529 ↗ filed May 1, 2025
Holdings Value
Holdings 65 stocks · $213.1M
| DSTL Distillate US Fundamental St | 9.33% | 366,477 | $19.9M | Add +8.0% |
| V Visa Inc. Class A | 7.79% | 47,395 | $16.6M | Reduce -1.2% |
| NVR NVR Inc. | 6.46% | 1,901 | $13.8M | Add +100.1% |
| LOW Lowe's Cos Inc. | 6.23% | 56,948 | $13.3M | Add +8.9% |
| IHDG Wisdomtree International Hed | 6.08% | 298,344 | $12.9M | Add +1.4% |
| MKL Markel Group Inc. | 4.14% | 4,720 | $8.8M | Add +1.1% |
| IDHQ Invesco S&P International DE | 4.06% | 288,908 | $8.6M | New |
| OPPJ Wisdomtree Japan Opportuniti | 3.84% | 233,715 | $8.2M | Add +7.4% |
| OUSM Alps Oshares US Small-Cap Qu | 3.15% | 159,687 | $6.7M | Add +61.8% |
| MA Mastercard Inc. Class A | 2.95% | 11,463 | $6.3M | Reduce -1.7% |
| DSMC Distillate S/M Cash Flow ETF | 2.65% | 179,041 | $5.6M | Reduce -6.2% |
| GOOGL Alphabet Inc. Class A | 2.45% | 33,761 | $5.2M | New |
| IVV iShares Core S&P 500 ETF | 2.32% | 8,787 | $4.9M | Reduce -11.3% |
| SCHD Schwab US DVD Equity ETF | 2.31% | 176,019 | $4.9M | Add +0.7% |
| SSD Simpson Manufacturing Co. Inc. | 2.22% | 30,140 | $4.7M | Add +21.4% |
| SCHX Schwab US Large-Cap ETF | 2.17% | 209,882 | $4.6M | Reduce -13.7% |
| SPGI S&P Global Inc. | 2.12% | 8,896 | $4.5M | New |
| ZTS Zoetis Inc. | 2.00% | 25,870 | $4.3M | New |
| PAYX Paychex Inc. | 1.94% | 26,740 | $4.1M | Reduce -2.7% |
| ULTA Ulta Beauty Inc. | 1.91% | 11,096 | $4.1M | Add +6.3% |
| ROST Ross Stores Inc. | 1.86% | 30,994 | $4.0M | Reduce -0.5% |
| DGRW Wisdomtree U.S. Quality Divi | 1.78% | 47,415 | $3.8M | Add +4.8% |
| QLTI GMO International QLTY ETF | 1.68% | 152,201 | $3.6M | New |
| MSFT Microsoft Corp. | 1.63% | 9,249 | $3.5M | Reduce -0.3% |
| ONEV SS SPDR R1000 Lo Vol Foc ETF | 1.44% | 24,282 | $3.1M | Reduce -31.7% |
| VOO Vanguard S&P 500 ETF | 1.30% | 5,410 | $2.8M | Reduce -12.7% |
| OPPE Wisdomtree European Opport | 1.01% | 50,935 | $2.2M | Add +38.7% |
| DDLS Wisdmtre DY Int Smlcap Ef-US | 0.93% | 55,905 | $2.0M | New |
| MRK Merck & Co. Inc. | 0.92% | 21,920 | $2.0M | Reduce -22.3% |
| QLTY GMO U.S. Quality ETF | 0.89% | 60,761 | $1.9M | Add +7.5% |
| DBEU Xtrackers MSCI Europe Hedged | 0.81% | 39,089 | $1.7M | Reduce -1.4% |
| HSCZ iShares Cur HDG MSCI Eafe SM | 0.80% | 53,013 | $1.7M | Reduce -78.9% |
| COWZ Pacer US Cash Cows 100 ETF | 0.67% | 26,169 | $1.4M | Reduce -29.0% |
| SCZ iShares MSCI Eafe Small-Cap | 0.58% | 19,523 | $1.2M | Add +11.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.57% | 4,411 | $1.2M | Reduce -4.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.49% | 8,631 | $1.1M | Reduce -1.1% |
| SCHY Schwab International DVD ETF | 0.47% | 39,634 | $1.0M | Reduce -23.3% |
| DBEF Xtrackers MSCI Eafe Hedged E | 0.40% | 19,788 | $857K | No change |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.39% | 5,233 | $840K | Reduce -11.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.36% | 4,116 | $767K | Reduce -26.8% |
| WSM Williams-Sonoma Inc. | 0.33% | 4,382 | $693K | Reduce -56.2% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.31% | 18,158 | $659K | Reduce -5.2% |
| SDY SS SPDR S&P Dividend ETF | 0.30% | 4,654 | $631K | Add +0.0% |
| AAPL Apple Inc. | 0.28% | 2,643 | $587K | No change |
| FYLD Cambria Foreign Shareholder | 0.27% | 21,473 | $578K | Reduce -80.8% |
| DFAT Dimensional US Target Value | 0.27% | 11,192 | $576K | Reduce -65.0% |
| IWS iShares Russell Mid-Cap Valu | 0.25% | 4,207 | $530K | Reduce -11.0% |
| USMV iShares MSCI USA Min Vol Fac | 0.24% | 5,441 | $510K | Reduce -17.8% |
| LGLV SPDR US LC Low Vol Idx | 0.22% | 2,735 | $476K | Reduce -9.6% |
| SCHA Schwab US Small-Cap ETF | 0.21% | 18,717 | $439K | Reduce -11.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.20% | 5,634 | $426K | No change |
| IWN iShares Russell 2000 Value E | 0.20% | 2,817 | $425K | Reduce -6.1% |
| HD Home Depot Inc. | 0.19% | 1,117 | $410K | Reduce -45.3% |
| SCHM Schwab US Mid Cap ETF | 0.17% | 13,605 | $356K | Add +0.0% |
| DON Wisdomtree US Midcap Dividen | 0.17% | 7,155 | $354K | Reduce -7.0% |
| IWF iShares Russell 1000 Growth | 0.15% | 903 | $326K | No change |
| IWD iShares Russell 1000 Value E | 0.15% | 1,686 | $317K | Reduce -12.2% |
| MDY State Street SPDR S&P Midcap | 0.15% | 586 | $313K | No change |
| SPYV SS SPDR P S&P 500 Value ETF | 0.15% | 6,104 | $312K | No change |
| CSCO Cisco Systems Inc. | 0.14% | 4,889 | $302K | Reduce -78.5% |
| ORCL Oracle Corp. | 0.14% | 2,133 | $298K | No change |
| XMHQ Invesco S&P Midcap Qual ETF | 0.12% | 2,775 | $254K | New |
| ADP Automatic Data Processing | 0.11% | 745 | $228K | No change |
| VONE Vanguard Russell 1000 | 0.10% | 845 | $215K | Reduce -6.6% |
| CP Canadian Pacific Kansas City | 0.10% | 2,884 | $202K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| HSCZ iShares Cur HDG MSCI Eafe SM | Reduce -78.9% | 0.80% | −3.37 |
| FYLD Cambria Foreign Shareholder | Reduce -80.8% | 0.27% | −1.19 |
| ONEV SS SPDR R1000 Lo Vol Foc ETF | Reduce -31.7% | 1.44% | −0.86 |
| DSMC Distillate S/M Cash Flow ETF | Reduce -6.2% | 2.65% | −0.80 |
| SCHX Schwab US Large-Cap ETF | Reduce -13.7% | 2.17% | −0.74 |
| IVV iShares Core S&P 500 ETF | Reduce -11.3% | 2.32% | −0.70 |
| DFAT Dimensional US Target Value | Reduce -65.0% | 0.27% | −0.65 |
| WSM Williams-Sonoma Inc. | Reduce -56.2% | 0.33% | −0.63 |
| ROST Ross Stores Inc. | Reduce -0.5% | 1.86% | −0.58 |
| CSCO Cisco Systems Inc. | Reduce -78.5% | 0.14% | −0.55 |
| MRK Merck & Co. Inc. | Reduce -22.3% | 0.92% | −0.53 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.47 |
| VOO Vanguard S&P 500 ETF | Reduce -12.7% | 1.30% | −0.42 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -29.0% | 0.67% | −0.41 |
| MSFT Microsoft Corp. | Reduce -0.3% | 1.63% | −0.39 |
| MA Mastercard Inc. Class A | Reduce -1.7% | 2.95% | −0.23 |
| HD Home Depot Inc. | Reduce -45.3% | 0.19% | −0.22 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -26.8% | 0.36% | −0.22 |
| BLK BlackRock Inc. | Sold out | 0.00% | −0.18 |
| SCHY Schwab International DVD ETF | Reduce -23.3% | 0.47% | −0.15 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -4.1% | 0.57% | −0.12 |
| CSX CSX Corp. | Sold out | 0.00% | −0.12 |
| VTV Vanguard Mrngstr Val ETF-Aui | Sold out | 0.00% | −0.11 |
| IWC iShares Micro-Cap ETF | Sold out | 0.00% | −0.11 |
| VYM Vanguard High DVD Yield ETF | Sold out | 0.00% | −0.11 |
| GWX State Street SPDR S&P Intern | Sold out | 0.00% | −0.11 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -11.4% | 0.39% | −0.10 |
| SCHA Schwab US Small-Cap ETF | Reduce -11.9% | 0.21% | −0.08 |
| IWS iShares Russell Mid-Cap Valu | Reduce -11.0% | 0.25% | −0.07 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -17.8% | 0.24% | −0.06 |
| PAYX Paychex Inc. | Reduce -2.7% | 1.94% | −0.06 |
| IWN iShares Russell 2000 Value E | Reduce -6.1% | 0.20% | −0.06 |
| TJX TJX Companies Inc. | Reduce -1.1% | 0.49% | −0.05 |
| V Visa Inc. Class A | Reduce -1.2% | 7.79% | −0.05 |
| DON Wisdomtree US Midcap Dividen | Reduce -7.0% | 0.17% | −0.04 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -5.2% | 0.31% | −0.04 |
| DBEU Xtrackers MSCI Europe Hedged | Reduce -1.4% | 0.81% | −0.04 |
| IWD iShares Russell 1000 Value E | Reduce -12.2% | 0.15% | −0.04 |
| LGLV SPDR US LC Low Vol Idx | Reduce -9.6% | 0.22% | −0.04 |
| VONE Vanguard Russell 1000 | Reduce -6.6% | 0.10% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| IDHQ Invesco S&P International DE | New | 4.06% | +4.06 |
| GOOGL Alphabet Inc. Class A | New | 2.45% | +2.45 |
| NVR NVR Inc. | Add +100.1% | 6.46% | +2.44 |
| SPGI S&P Global Inc. | New | 2.12% | +2.12 |
| ZTS Zoetis Inc. | New | 2.00% | +2.00 |
| QLTI GMO International QLTY ETF | New | 1.68% | +1.68 |
| DDLS Wisdmtre DY Int Smlcap Ef-US | New | 0.93% | +0.93 |
| OUSM Alps Oshares US Small-Cap Qu | Add +61.8% | 3.15% | +0.92 |
| OPPE Wisdomtree European Opport | Add +38.7% | 1.01% | +0.29 |
| XMHQ Invesco S&P Midcap Qual ETF | New | 0.12% | +0.12 |
| SSD Simpson Manufacturing Co. Inc. | Add +21.4% | 2.22% | +0.09 |
| SCZ iShares MSCI Eafe Small-Cap | Add +11.5% | 0.58% | +0.03 |
| SDY SS SPDR S&P Dividend ETF | Add +0.0% | 0.30% | −0.02 |
| SCHM Schwab US Mid Cap ETF | Add +0.0% | 0.17% | −0.03 |
| MKL Markel Group Inc. | Add +1.1% | 4.14% | −0.03 |
| QLTY GMO U.S. Quality ETF | Add +7.5% | 0.89% | −0.04 |
| OPPJ Wisdomtree Japan Opportuniti | Add +7.4% | 3.84% | −0.06 |
| DGRW Wisdomtree U.S. Quality Divi | Add +4.8% | 1.78% | −0.12 |
| SCHD Schwab US DVD Equity ETF | Add +0.7% | 2.31% | −0.16 |
| DSTL Distillate US Fundamental St | Add +8.0% | 9.33% | −0.31 |
| ULTA Ulta Beauty Inc. | Add +6.3% | 1.91% | −0.44 |
| LOW Lowe's Cos Inc. | Add +8.9% | 6.23% | −0.45 |
| IHDG Wisdomtree International Hed | Add +1.4% | 6.08% | −0.54 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 86 | $318.7M | IDHQ, DSTL, V, IUS, OPPJ |
| Q1 2026 | 81 | $298.1M | IDHQ, DSTL, V, NVR, IUS |
| Q4 2025 | 79 | $314.5M | IDHQ, DSTL, V, EVMO, NVR |
| Q3 2025 | 75 | $310.9M | DSTL, IHDG, V, EVMO, IDHQ |
| Q2 2025 | 75 | $278.6M | DSTL, V, IHDG, IDHQ, NVR |
| Q1 2025 | 65 | $213.1M | DSTL, V, NVR, LOW, IHDG |
| Q4 2024Amended | 65 | $193.3M | DSTL, V, LOW, IHDG, MKL |
| Q3 2024Amended | 66 | $343.4M | DSTL, LOW, IHDG, V, HSCZ |
| Q2 2024Amended | 62 | $160.9M | DSTL, IHDG, LOW, V, DSMC |
| Q1 2024Amended | 68 | $165.2M | SCHD, V, IHDG, LOW, VBR |