Bfsg, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 15, 2025), Bfsg, LLC reported 669 stock positions worth $893.9 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 3.9% of the portfolio, followed by Microsoft (MSFT, 3.2%) and Nvidia (NVDA, 3.1%). Compared with Q1 2025, it opened 34 new positions, sold out of 38, added to 197 and reduced 143. The biggest buy was Nvidia (NVDA, shares +4%) and the biggest sale Wisdomtree International Hed (IHDG, shares −90%).
- Most Recent 13F
- Q2 2026
- Location
- IRVINE, CA
- CIK
- 0001706836
- Portfolio Value
- $893.9M (Q2 2025)
- SEC Filing
- 0001706836-25-000005 ↗ filed Jul 15, 2025
Holdings Value
Holdings 669 stocks · $893.9M
| VTI VG Morningstar TS MKT ETF-US | 3.90% | 114,807 | $34.9M | Add +2.9% |
| MSFT Microsoft Corp. | 3.20% | 57,441 | $28.6M | Reduce -4.9% |
| NVDA Nvidia Corp. | 3.14% | 177,533 | $28.0M | Add +3.6% |
| IAU iShares Gold Trust | 2.60% | 372,940 | $23.3M | Add +1.1% |
| AAPL Apple Inc. | 1.96% | 85,418 | $17.5M | Add +1.1% |
| NEM Newmont Corp. | 1.83% | 281,460 | $16.4M | Add +12.8% |
| SGOL Abrdn Physical Gold Shares | 1.79% | 506,781 | $16.0M | Add +26.9% |
| BND Vanguard Total Bond Market | 1.78% | 215,883 | $15.9M | Add +3.7% |
| AVUV Avantis US Small Cap Value | 1.75% | 171,910 | $15.7M | Add +1.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.69% | 24,423 | $15.1M | Reduce -13.6% |
| RTX RTX Corp. | 1.54% | 94,266 | $13.8M | Reduce -0.4% |
| DFEM Dimensional Emrg MRKT Core | 1.43% | 430,970 | $12.8M | Reduce -0.8% |
| GLD SPDR Gold Shares | 1.43% | 41,829 | $12.8M | Reduce -0.4% |
| JPST JPMorgan Ultra-Short Income | 1.20% | 211,196 | $10.7M | Add +11.1% |
| AMZN Amazon.com Inc. | 1.16% | 47,291 | $10.4M | Add +1.3% |
| BNDX Vanguard Total Intl Bond ETF | 1.15% | 208,411 | $10.3M | Add +3.2% |
| CHD Church & Dwight Co. Inc. | 1.14% | 106,368 | $10.2M | Add +0.5% |
| COST Costco Wholesale Corp. | 1.12% | 10,110 | $10.0M | Reduce -2.1% |
| GOOG Alphabet Inc. Class C | 1.06% | 53,427 | $9.5M | Add +2.1% |
| VDE Vanguard Energy ETF | 1.05% | 78,428 | $9.3M | Reduce -5.2% |
| CSX CSX Corp. | 1.04% | 284,411 | $9.3M | Reduce -0.8% |
| APH Amphenol Corp. Class A | 1.03% | 93,142 | $9.2M | Reduce -4.9% |
| SCHP Schwab U.S. Tips ETF | 0.95% | 319,315 | $8.5M | Add +1.3% |
| MRVL Marvell Technology Inc. | 0.93% | 107,113 | $8.3M | Add +0.1% |
| NI Nisource Inc. | 0.91% | 202,290 | $8.2M | Reduce -0.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.91% | 117,450 | $8.1M | Add +1.7% |
| T AT&T Inc. | 0.91% | 279,639 | $8.1M | Add +1.2% |
| VXUS Vanguard Total Intl Stock | 0.87% | 112,068 | $7.7M | Add +8.0% |
| NSC Norfolk Southern Corp. | 0.87% | 30,243 | $7.7M | Reduce -0.3% |
| CL Colgate-Palmolive Co. | 0.85% | 83,641 | $7.6M | Reduce -0.4% |
| SONY Sony Group Corp. - SP ADR | 0.84% | 287,448 | $7.5M | Reduce -0.1% |
| JPM JPMorgan Chase & Co. | 0.82% | 25,436 | $7.4M | Reduce -0.8% |
| TTE Totalenergies SE -Spon ADR | 0.82% | 118,925 | $7.3M | Add +0.5% |
| XOM Exxon Mobil Corp. | 0.80% | 65,933 | $7.1M | Reduce -0.9% |
| PLTR Palantir Technologies Inc. Class A | 0.76% | 49,770 | $6.8M | Reduce -0.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.74% | 53,869 | $6.7M | Reduce -2.2% |
| SO The Southern Co. | 0.74% | 72,229 | $6.6M | Add +0.1% |
| MA Mastercard Inc. Class A | 0.69% | 11,038 | $6.2M | Add +0.7% |
| FBCG Fidelity Blue Chip Grow ETF | 0.69% | 127,860 | $6.2M | Add +3.4% |
| GD General Dynamics Corp. | 0.69% | 21,126 | $6.2M | Reduce -0.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.69% | 27,100 | $6.1M | Add +2.0% |
| AXP American Express Co. | 0.68% | 18,949 | $6.0M | Reduce -0.1% |
| KBR KBR Inc. | 0.67% | 125,658 | $6.0M | Reduce -0.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.67% | 48,111 | $6.0M | Reduce -0.2% |
| TR Tootsie Roll Inds | 0.66% | 176,413 | $5.9M | Add +0.2% |
| NEE Nextera Energy Inc. | 0.65% | 84,195 | $5.8M | Add +1.9% |
| LIN Linde PLC | 0.65% | 12,320 | $5.8M | Reduce -0.8% |
| IVV iShares Core S&P 500 ETF | 0.65% | 9,305 | $5.8M | Reduce -2.2% |
| ACN Accenture PLC Class A | 0.63% | 18,906 | $5.7M | Add +2.9% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.63% | 17,597 | $5.6M | Reduce -2.6% |
| WMT Walmart Inc. | 0.63% | 57,427 | $5.6M | Reduce -2.4% |
| HD Home Depot Inc. | 0.61% | 14,945 | $5.5M | Add +0.8% |
| EPD Enterprise Products Partners | 0.61% | 176,208 | $5.5M | Add +0.7% |
| VOO Vanguard S&P 500 ETF | 0.61% | 9,583 | $5.4M | Reduce -0.5% |
| VZ Verizon Communications Inc. | 0.59% | 120,970 | $5.2M | Add +5.4% |
| LVHI Franklin International Low V | 0.57% | 155,898 | $5.1M | New |
| MWA Mueller Water Products Inc. Class A | 0.54% | 202,437 | $4.9M | Reduce -0.3% |
| WY Weyerhaeuser Co. | 0.53% | 184,565 | $4.7M | Add +0.8% |
| SHV iShares 0-1 Year Treasury Bo | 0.52% | 42,360 | $4.7M | Add +28.6% |
| IQLT iShares MSCI International Q | 0.52% | 107,584 | $4.6M | Add +20.3% |
| KDP Keurig Dr Pepper Inc. | 0.51% | 137,377 | $4.5M | Add +0.3% |
| RMD Resmed Inc. | 0.51% | 17,556 | $4.5M | Add +0.0% |
| XLK SS Technology Select Sector | 0.50% | 17,783 | $4.5M | Reduce -23.0% |
| PFE Pfizer Inc. | 0.50% | 185,704 | $4.5M | Add +0.5% |
| BDX Becton Dickinson and Co. | 0.50% | 26,071 | $4.5M | Add +4.4% |
| SYK Stryker Corp. | 0.49% | 11,155 | $4.4M | Reduce -0.8% |
| SCHZ Schwab US Aggregate Bond ETF | 0.49% | 187,326 | $4.4M | Reduce -0.9% |
| ESLT Elbit Systems Ltd. | 0.48% | 9,513 | $4.3M | Reduce -0.0% |
| ABBV Abbvie Inc. | 0.48% | 23,027 | $4.3M | Add +1.7% |
| BSV Vanguard Short-Term Bond ETF | 0.47% | 53,156 | $4.2M | Reduce -1.6% |
| PANW Palo Alto Networks Inc. | 0.45% | 19,711 | $4.0M | Add +5.2% |
| PG The Procter & Gamble Co. | 0.45% | 25,083 | $4.0M | Reduce -0.8% |
| VXF Vanguard Extended Market ETF | 0.45% | 20,648 | $4.0M | Add +8.9% |
| SCHD Schwab US DVD Equity ETF | 0.44% | 149,416 | $4.0M | Add +6.9% |
| MOG.A Moog Inc. Class A | 0.44% | 21,858 | $4.0M | Reduce -0.4% |
| JNJ Johnson & Johnson | 0.44% | 25,876 | $4.0M | Add +3.4% |
| PRU Prudential Financial Inc. | 0.44% | 36,734 | $3.9M | Add +4.5% |
| MCD McDonald's Corp. | 0.44% | 13,335 | $3.9M | Reduce -0.9% |
| AMGN Amgen Inc. | 0.43% | 13,730 | $3.8M | Add +3.9% |
| ROCK Gibraltar Industries Inc. | 0.43% | 64,420 | $3.8M | Add +0.2% |
| PCH Potlatchdeltic Corp. | 0.42% | 98,711 | $3.8M | Add +0.8% |
| XLV SS Health Care Select Sector | 0.41% | 27,109 | $3.7M | Reduce -2.0% |
| VMC Vulcan Materials Co. | 0.40% | 13,735 | $3.6M | Reduce -7.7% |
| WM Waste Management Inc. | 0.40% | 15,570 | $3.6M | Reduce -1.9% |
| DFLV Dim US Large Cap Value ETF | 0.39% | 113,077 | $3.5M | Add +3.1% |
| CPRX Catalyst Pharmaceuticals Inc. | 0.39% | 161,621 | $3.5M | Reduce -0.1% |
| PAAS Pan American Silver Corp. | 0.38% | 120,351 | $3.4M | Reduce -0.3% |
| O Realty Income Corp. | 0.37% | 57,854 | $3.3M | Add +2.5% |
| XLF SS Financial Select Sector | 0.37% | 62,493 | $3.3M | Reduce -4.3% |
| AMRZ Amrize Ltd. | 0.36% | 65,677 | $3.3M | New |
| PNW Pinnacle West Capital | 0.36% | 35,925 | $3.2M | Reduce -0.1% |
| TSLA Tesla Inc. | 0.35% | 9,840 | $3.1M | Add +0.6% |
| IJT iShares S&P Small-Cap 600 GR | 0.35% | 23,249 | $3.1M | Add +0.6% |
| SUSL iShares ESG MSCI USA Leaders | 0.34% | 28,416 | $3.1M | Add +0.0% |
| XMHQ Invesco S&P Midcap Qual ETF | 0.34% | 31,232 | $3.1M | Add +3.9% |
| CRH CRH PLC | 0.34% | 33,374 | $3.1M | New |
| SCHG Schwab US Large-Cap Growth | 0.34% | 104,211 | $3.0M | Add +0.8% |
| CVX Chevron Corp. | 0.32% | 20,229 | $2.9M | Reduce -1.6% |
| MRK Merck & Co. Inc. | 0.32% | 36,592 | $2.9M | Add +7.0% |
| SLV iShares Silver Trust | 0.32% | 87,232 | $2.9M | Add +0.1% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $664 (not counted above)
Total filed on the 13F, all lines: $893.9M.
Portfolio Sells Q1 2025 → Q2 2025
| IHDG Wisdomtree International Hed | Reduce -89.9% | 0.06% | −0.54 |
| VDE Vanguard Energy ETF | Reduce -5.2% | 1.05% | −0.26 |
| URI United Rentals Inc. | Reduce -99.8% | 0.00% | −0.25 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -13.6% | 1.69% | −0.24 |
| XOM Exxon Mobil Corp. | Reduce -0.9% | 0.80% | −0.17 |
| AJG Arthur J Gallagher & Co. | Reduce -2.6% | 0.63% | −0.13 |
| PH Parker Hannifin Corp. | Sold out | 0.00% | −0.12 |
| FISV Fiserv Inc. | Reduce -99.3% | 0.00% | −0.12 |
| CRM Salesforce Inc. | Reduce -90.5% | 0.01% | −0.11 |
| CL Colgate-Palmolive Co. | Reduce -0.4% | 0.85% | −0.11 |
| ARES Ares Management Corp. Class A | Reduce -95.4% | 0.01% | −0.10 |
| FAST Fastenal Co. | Reduce -22.9% | 0.32% | −0.10 |
| CVX Chevron Corp. | Reduce -1.6% | 0.32% | −0.09 |
| KBR KBR Inc. | Reduce -0.0% | 0.67% | −0.09 |
| CPRX Catalyst Pharmaceuticals Inc. | Reduce -0.1% | 0.39% | −0.09 |
| MWA Mueller Water Products Inc. Class A | Reduce -0.3% | 0.54% | −0.08 |
| XLV SS Health Care Select Sector | Reduce -2.0% | 0.41% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -0.8% | 0.45% | −0.08 |
| XLK SS Technology Select Sector | Reduce -23.0% | 0.50% | −0.08 |
| MCD McDonald's Corp. | Reduce -0.9% | 0.44% | −0.08 |
| NI Nisource Inc. | Reduce -0.1% | 0.91% | −0.07 |
| TJX TJX Companies Inc. | Reduce -2.2% | 0.74% | −0.07 |
| CMG Chipotle Mexican Grill Inc. | Reduce -20.7% | 0.31% | −0.07 |
| COST Costco Wholesale Corp. | Reduce -2.1% | 1.12% | −0.07 |
| PNW Pinnacle West Capital | Reduce -0.1% | 0.36% | −0.06 |
| LIN Linde PLC | Reduce -0.8% | 0.65% | −0.06 |
| SONY Sony Group Corp. - SP ADR | Reduce -0.1% | 0.84% | −0.05 |
| ANET Arista Networks Inc. | Reduce -61.3% | 0.04% | −0.05 |
| WM Waste Management Inc. | Reduce -1.9% | 0.40% | −0.05 |
| BSV Vanguard Short-Term Bond ETF | Reduce -1.6% | 0.47% | −0.05 |
| GLD SPDR Gold Shares | Reduce -0.4% | 1.43% | −0.05 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -0.9% | 0.49% | −0.05 |
| XLP SS Consumer Staples Sel Sect | Reduce -11.8% | 0.16% | −0.04 |
| ROP Roper Technologies Inc. | Reduce -0.0% | 0.28% | −0.04 |
| XLB SS Materials Select Sector | Reduce -20.5% | 0.10% | −0.03 |
| XLY SS Consumer Disc Select Sect | Reduce -13.9% | 0.21% | −0.03 |
| XLF SS Financial Select Sector | Reduce -4.3% | 0.37% | −0.03 |
| PDCO Patterson Cos Inc. | Sold out | 0.00% | −0.03 |
| JMST JPM Ultra-Short Muni Income | Reduce -1.1% | 0.25% | −0.02 |
| XLE SS Energy Select Sector | Reduce -5.5% | 0.08% | −0.02 |
| VMC Vulcan Materials Co. | Reduce -7.7% | 0.40% | −0.02 |
| VIGI Vanguard Int Div App Indx FD | Reduce -6.8% | 0.28% | −0.02 |
| IAGG iShares Intl Aggregate Bond | Reduce -4.6% | 0.18% | −0.02 |
| MOG.A Moog Inc. Class A | Reduce -0.4% | 0.44% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Reduce -7.8% | 0.24% | −0.02 |
| TDTF NT Iboxx 5Y Dur Tips ETF | Reduce -0.3% | 0.18% | −0.02 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -9.4% | 0.10% | −0.02 |
| EIX Edison International | Reduce -10.1% | 0.04% | −0.02 |
| LBRDA Liberty Broadband-A | Reduce -93.5% | 0.00% | −0.02 |
| XLI SS Industrial Select Sector | Reduce -8.2% | 0.30% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +3.6% | 3.14% | +0.88 |
| LVHI Franklin International Low V | New | 0.57% | +0.57 |
| NEM Newmont Corp. | Add +12.8% | 1.83% | +0.37 |
| AMRZ Amrize Ltd. | New | 0.36% | +0.36 |
| CRH CRH PLC | New | 0.34% | +0.34 |
| SGOL Abrdn Physical Gold Shares | Add +26.9% | 1.79% | +0.34 |
| ISRG Intuitive Surgical Inc. | Add +15521.7% | 0.22% | +0.22 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.9% | 3.90% | +0.17 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.0% | 0.69% | +0.15 |
| GEV GE Vernova Inc. | Add +3706.9% | 0.13% | +0.13 |
| MRVL Marvell Technology Inc. | Add +0.1% | 0.93% | +0.13 |
| WAY Waystar Holding Corp. | New | 0.12% | +0.12 |
| MCK McKesson Corp. | New | 0.12% | +0.12 |
| NFLX Netflix Inc. | Add +507.9% | 0.14% | +0.12 |
| MELI MercadoLibre Inc. | New | 0.12% | +0.12 |
| NOW ServiceNow Inc. | Add +2589.5% | 0.12% | +0.11 |
| EMA Emera Inc. | New | 0.11% | +0.11 |
| FBCG Fidelity Blue Chip Grow ETF | Add +3.4% | 0.69% | +0.09 |
| IQLT iShares MSCI International Q | Add +20.3% | 0.52% | +0.09 |
| VXUS Vanguard Total Intl Stock | Add +8.0% | 0.87% | +0.08 |
| SHV iShares 0-1 Year Treasury Bo | Add +28.6% | 0.52% | +0.08 |
| AMZN Amazon.com Inc. | Add +1.3% | 1.16% | +0.08 |
| ASML ASML Holding NV-NY Reg SHS | Add +18.1% | 0.31% | +0.07 |
| RSPT Invesco S&P 500 Equal Weight | Add +22.4% | 0.27% | +0.07 |
| GOOG Alphabet Inc. Class C | Add +2.1% | 1.06% | +0.07 |
| XLC SS Comm Select Sector SPDR | Add +38.9% | 0.21% | +0.06 |
| PANW Palo Alto Networks Inc. | Add +5.2% | 0.45% | +0.06 |
| QQQ Invesco QQQ Trust Series 1 | Add +47.1% | 0.15% | +0.05 |
| UBER Uber Technologies Inc. | Add +11.7% | 0.22% | +0.05 |
| VXF Vanguard Extended Market ETF | Add +8.9% | 0.45% | +0.05 |
| TSLA Tesla Inc. | Add +0.6% | 0.35% | +0.04 |
| OKTA Okta Inc. | New | 0.04% | +0.04 |
| SPSB SS SPDR P St C Corp. ETF | Add +237.0% | 0.05% | +0.04 |
| RMD Resmed Inc. | Add +0.0% | 0.51% | +0.03 |
| JPST JPMorgan Ultra-Short Income | Add +11.1% | 1.20% | +0.03 |
| SCHG Schwab US Large-Cap Growth | Add +0.8% | 0.34% | +0.03 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +256.3% | 0.04% | +0.03 |
| GPN Global Payments Inc. | New | 0.03% | +0.03 |
| HBM Hudbay Minerals Inc. | Add +0.2% | 0.11% | +0.02 |
| AMP Ameriprise Financial Inc. | Add +6.3% | 0.31% | +0.02 |
| VSGX Vanguard ESG Intl Stock ETF | Add +4.3% | 0.30% | +0.02 |
| WBD Warner Bros Discovery Inc. | Add +11.2% | 0.20% | +0.02 |
| AVTR Avantor Inc. | New | 0.02% | +0.02 |
| EUSB Ishr ESG Advn Universal BD-$ | Add +24.6% | 0.12% | +0.02 |
| FBND Fidelity Total Bond ETF | New | 0.02% | +0.02 |
| KNX Knight-Swift Transportation | Add +17.5% | 0.16% | +0.01 |
| SUSL iShares ESG MSCI USA Leaders | Add +0.0% | 0.34% | +0.01 |
| TXRH Texas Roadhouse Inc. | Add +1.2% | 0.30% | +0.01 |
| AVSU Avantis Resp US Equity ETF | Add +12.3% | 0.10% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +0.6% | 0.21% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 763 | $1.1B | VTI, NVDA, IAU, IVV, NEM |
| Q1 2026 | 744 | $1.1B | VTI, IAU, NVDA, NEM, IVV |
| Q4 2025 | 713 | $1.0B | VTI, NVDA, IAU, IVV, MSFT |
| Q3 2025 | 698 | $1.0B | VTI, NVDA, MSFT, IAU, IVV |
| Q2 2025 | 669 | $893.9M | VTI, MSFT, NVDA, IAU, AAPL |
| Q1 2025 | 673 | $821.8M | VTI, MSFT, IAU, AAPL, NVDA |
| Q4 2024 | 671 | $855.3M | VTI, MSFT, NVDA, AAPL, SPY |
| Q3 2024 | 638 | $860.5M | SPY, MSFT, VTI, AAPL, NVDA |
| Q2 2024 | 616 | $789.2M | SPY, MSFT, VTI, NVDA, AAPL |
| Q1 2024 | 659 | $755.9M | SPY, MSFT, VTI, AAPL, NVDA |