Binnacle Investments Inc
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Binnacle Investments Inc reported 939 stock positions worth $169.9 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 11.5% of the portfolio, followed by Dimensional Core Fixed (DFCF, 11.0%) and Dimensional US Core Equity M (DFAU, 8.6%). Compared with Q2 2025, it opened 185 new positions, sold out of 17, added to 378 and reduced 83. The biggest buy was Apple (AAPL, shares +2%) and the biggest sale Sei Select Intl Equity (SEIE, shares −14%).
- Most Recent 13F
- Q3 2025
- Location
- URBANDALE, IA
- CIK
- 0002060308
- Portfolio Value
- $169.9M (Q3 2025)
- SEC Filing
- 0002060308-25-000005 ↗ filed Nov 14, 2025
Holdings Value
Holdings 939 stocks · $169.9M
| DFAC Dimensional US Core Equity 2 | 11.46% | 505,019 | $19.5M | Add +3.0% |
| DFCF Dimensional Core Fixed Inc. | 10.98% | 436,096 | $18.6M | Add +7.7% |
| DFAU Dimensional US Core Equity M | 8.58% | 318,639 | $14.6M | Add +2.5% |
| DFAX Dimensional World Ex US Core | 6.96% | 376,612 | $11.8M | Add +1.6% |
| DFUS Dimensional US Eq MKT ETF | 5.78% | 135,491 | $9.8M | Add +2.2% |
| DFAI Dimensional International Co. | 5.65% | 263,872 | $9.6M | Add +2.5% |
| DUHP Dimensional US High Profi Et | 5.50% | 247,422 | $9.3M | Add +3.7% |
| DFAE Dimensional Emerging Core Eq | 3.52% | 189,610 | $6.0M | Add +2.1% |
| DFGX Dimsnl Intr CF in ETF-Usd Inc. | 3.21% | 101,049 | $5.5M | Add +6.9% |
| DFSD Dimensional Short Duration | 2.97% | 104,628 | $5.0M | Add +5.6% |
| DIHP Dimensional International Hi | 2.47% | 138,197 | $4.2M | Add +3.6% |
| SPHY SS SPDR P High Yield ETF | 1.60% | 113,707 | $2.7M | Add +7.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.51% | 5,367 | $2.6M | Reduce -0.9% |
| DFIP Dimensional Inflation-Protec | 1.45% | 58,444 | $2.5M | Add +6.3% |
| TSCO Tractor Supply Company | 1.27% | 38,065 | $2.2M | No change |
| AAPL Apple Inc. | 1.02% | 6,780 | $1.7M | Add +2.3% |
| SCHV Schwab US Large-Cap Value | 0.94% | 54,945 | $1.6M | Reduce -1.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.85% | 16,534 | $1.4M | Reduce -0.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.82% | 7,492 | $1.4M | Add +0.3% |
| EMLC Vaneck JPM Em Local Curr BND | 0.81% | 53,937 | $1.4M | Add +4.2% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.77% | 19,517 | $1.3M | Add +5.1% |
| MSFT Microsoft Corp. | 0.72% | 2,361 | $1.2M | Add +6.0% |
| IDEV iShares Core MSCI Dev MKTS | 0.66% | 13,905 | $1.1M | Add +0.1% |
| SCHG Schwab US Large-Cap Growth | 0.65% | 34,504 | $1.1M | Reduce -2.7% |
| SEIE Sei Select Intl Equity filed as SEI EXCHANGE TRADED FUNDS | 0.64% | 35,405 | $1.1M | Reduce -13.9% |
| IEMG iShares Core MSCI Emerging | 0.54% | 13,867 | $914K | Reduce -1.7% |
| VEA Vanguard Ftse Developed ETF | 0.38% | 10,749 | $644K | Reduce -3.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.37% | 1,237 | $622K | Reduce -22.0% |
| JPM JPMorgan Chase & Co. | 0.35% | 1,877 | $592K | Add +4.3% |
| AVGO Broadcom Inc. | 0.34% | 1,725 | $569K | Reduce -12.2% |
| DFNM Dimensional National Muni BD | 0.31% | 11,053 | $530K | Add +4.3% |
| AMZN Amazon.com Inc. | 0.31% | 2,361 | $518K | Add +4.4% |
| NVDA Nvidia Corp. | 0.26% | 2,405 | $449K | Add +22.2% |
| SEEM Sei Select Em MRKT Eq filed as SEI EXCHANGE TRADED FUNDS | 0.26% | 14,757 | $446K | Reduce -14.7% |
| PM Philip Morris International | 0.25% | 2,636 | $428K | Add +1.5% |
| RTX RTX Corp. | 0.24% | 2,476 | $414K | Add +5.6% |
| SEIS Sei Select Small Cap ETF filed as SEI EXCHANGE TRADED FUNDS | 0.24% | 14,688 | $410K | Reduce -12.1% |
| JNJ Johnson & Johnson | 0.24% | 2,189 | $406K | Add +16.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.22% | 1,825 | $381K | Reduce -0.5% |
| MUB iShares National Muni Bond E | 0.22% | 3,569 | $380K | Reduce -2.8% |
| WMT Walmart Inc. | 0.22% | 3,661 | $377K | Add +1.2% |
| TSLA Tesla Inc. | 0.22% | 842 | $374K | Add +2.1% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.22% | 1,257 | $374K | Reduce -2.3% |
| ORCL Oracle Corp. | 0.21% | 1,254 | $353K | Add +7.8% |
| MS Morgan Stanley | 0.21% | 2,193 | $349K | Add +6.3% |
| VWO Vanguard Ftse Emerging Marke | 0.20% | 6,269 | $340K | No change |
| XOM Exxon Mobil Corp. | 0.19% | 2,919 | $329K | Add +22.4% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.19% | 6,307 | $316K | Add +13.2% |
| SEIM Sei Qim US Large Cap Momentu filed as SEI EXCHANGE TRADED FUNDS | 0.18% | 6,876 | $312K | Add +8.2% |
| SEIV Sei Qim US Large Cap Value A filed as SEI EXCHANGE TRADED FUNDS | 0.18% | 7,989 | $311K | Add +9.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.18% | 5,995 | $309K | Add +4.4% |
| UNH Unitedhealth Group Inc. | 0.18% | 891 | $308K | Add +132.6% |
| T AT&T Inc. | 0.18% | 10,637 | $300K | Add +15.1% |
| GD General Dynamics Corp. | 0.18% | 878 | $299K | Add +4.0% |
| CB Chubb Ltd. | 0.17% | 1,004 | $283K | Add +8.2% |
| CSCO Cisco Systems Inc. | 0.17% | 4,136 | $283K | Add +13.2% |
| JCI Johnson Controls Internation | 0.16% | 2,513 | $276K | Add +0.1% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.16% | 6,419 | $275K | No change |
| MRK Merck & Co. Inc. | 0.16% | 3,164 | $266K | Add +23.4% |
| MO Altria Group Inc. | 0.15% | 3,931 | $260K | Add +5.3% |
| DUK Duke Energy Corp. | 0.15% | 2,065 | $256K | Add +19.2% |
| NVS Novartis AG-Sponsored ADR | 0.15% | 1,931 | $248K | Add +9.2% |
| HYMB SS SPDR N Ice HY Muni ETF | 0.14% | 9,851 | $246K | Add +11.1% |
| META Meta Platforms Inc. Class A | 0.14% | 329 | $242K | Add +7.9% |
| MDT Medtronic PLC | 0.14% | 2,517 | $240K | Add +10.5% |
| FSCO FS Credit Opportunities Corp. | 0.13% | 33,132 | $229K | No change |
| NEE Nextera Energy Inc. | 0.13% | 3,024 | $228K | Add +4.8% |
| UL Unilever PLC | 0.13% | 3,766 | $223K | Add +7.8% |
| CVX Chevron Corp. | 0.13% | 1,413 | $219K | Add +30.7% |
| C Citigroup Inc. | 0.12% | 2,063 | $209K | Add +11.7% |
| GOOGL Alphabet Inc. Class A | 0.12% | 859 | $209K | Add +19.3% |
| GOOG Alphabet Inc. Class C | 0.12% | 841 | $205K | Add +13.0% |
| PFE Pfizer Inc. | 0.12% | 7,876 | $201K | Add +36.9% |
| CAT Caterpillar Inc. | 0.12% | 416 | $198K | Add +1.2% |
| FSK FS KKR Capital Corp. | 0.12% | 13,281 | $198K | No change |
| LOW Lowe's Cos Inc. | 0.11% | 773 | $194K | Add +11.2% |
| BX Blackstone Inc. | 0.11% | 1,126 | $192K | Add +5.3% |
| TRV The Travelers Cos Inc. | 0.11% | 676 | $189K | Add +2.6% |
| IWN iShares Russell 2000 Value E | 0.11% | 1,063 | $188K | Reduce -0.5% |
| QALT Sei Dbi Multstrt Alt ETF filed as SEI EXCHANGE TRADED FUNDS | 0.11% | 7,301 | $185K | New |
| COP Conocophillips | 0.11% | 1,947 | $184K | Add +12.2% |
| IWO iShares Russell 2000 Growth | 0.11% | 565 | $181K | Reduce -0.9% |
| APP AppLovin Corp. Class A | 0.11% | 250 | $180K | Reduce -7.4% |
| QCOM Qualcomm Inc. | 0.10% | 1,048 | $174K | Add +25.5% |
| PG The Procter & Gamble Co. | 0.10% | 1,100 | $169K | Add +0.3% |
| DOC Healthpeak Properties Inc. | 0.10% | 8,594 | $165K | Add +4.2% |
| ABBV Abbvie Inc. | 0.10% | 706 | $163K | Add +43.2% |
| PEP Pepsico Inc. | 0.10% | 1,158 | $163K | Add +306.3% |
| UPS United Parcel Service Class B | 0.10% | 1,946 | $163K | Add +88.8% |
| TFC Truist Financial Corp. | 0.09% | 3,503 | $160K | Add +10.1% |
| GPC Genuine Parts Co. | 0.09% | 1,153 | $160K | Add +10.7% |
| V Visa Inc. Class A | 0.09% | 465 | $159K | Add +4.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.09% | 554 | $155K | Reduce -0.4% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.09% | 4,643 | $151K | Add +5.0% |
| SEIQ Sei Qim US Large Cap Quality filed as SEI EXCHANGE TRADED FUNDS | 0.09% | 3,884 | $150K | Add +14.1% |
| BABA Alibaba Group Holding-SP ADR | 0.09% | 830 | $148K | Add +208.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.09% | 524 | $148K | Add +12.0% |
| HYD Vaneck High Yield Muni ETF | 0.08% | 2,678 | $136K | Reduce -3.8% |
| CMCSA Comcast Corp. Class A | 0.07% | 4,030 | $127K | Add +3.9% |
| CCI Crown Castle Inc. | 0.07% | 1,295 | $125K | Add +10.9% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $567 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SQFTW Presidio Property TRST -CW27 | *W EXP 01/24/202 | 16,254 | $567 | Reduce -12.0% |
Total filed on the 13F, all lines: $169.9M.
Portfolio Sells Q2 2025 → Q3 2025
| SEIE Sei Select Intl Equity | Reduce -13.9% | 0.64% | −0.15 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -22.0% | 0.37% | −0.13 |
| KVUE Kenvue Inc. | Reduce -95.9% | 0.00% | −0.07 |
| SCHV Schwab US Large-Cap Value | Reduce -1.3% | 0.94% | −0.06 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.7% | 0.85% | −0.05 |
| SEEM Sei Select Em MRKT Eq | Reduce -14.7% | 0.26% | −0.05 |
| SEIS Sei Select Small Cap ETF | Reduce -12.1% | 0.24% | −0.04 |
| VEA Vanguard Ftse Developed ETF | Reduce -3.4% | 0.38% | −0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.9% | 1.51% | −0.03 |
| SCHG Schwab US Large-Cap Growth | Reduce -2.7% | 0.65% | −0.03 |
| MUB iShares National Muni Bond E | Reduce -2.8% | 0.22% | −0.03 |
| ADBE Adobe Inc. | Reduce -84.1% | 0.00% | −0.02 |
| AVGO Broadcom Inc. | Reduce -12.2% | 0.34% | −0.02 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -46.3% | 0.01% | −0.01 |
| IEMG iShares Core MSCI Emerging | Reduce -1.7% | 0.54% | −0.01 |
| EFX Equifax Inc. | Reduce -27.6% | 0.02% | −0.01 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -2.3% | 0.22% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -3.2% | 0.07% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -39.0% | 0.01% | −0.01 |
| HYD Vaneck High Yield Muni ETF | Reduce -3.8% | 0.08% | −0.01 |
| DHR Danaher Corp. | Reduce -17.7% | 0.03% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -0.5% | 0.22% | −0.01 |
| WLK Westlake Corp. | Sold out | 0.00% | −0.01 |
| PGR Progressive Corp. | Reduce -21.4% | 0.01% | −0.01 |
| SPOT Spotify Technology SA | Reduce -12.2% | 0.02% | −0.01 |
| WING Wingstop Inc. | Reduce -6.0% | 0.01% | −0.01 |
| GDDY GoDaddy Inc. Class A | Reduce -4.5% | 0.01% | −0.01 |
| ISRG Intuitive Surgical Inc. | Reduce -7.1% | 0.01% | −0.00 |
| DAL Delta Air Lines Inc. | Reduce -55.8% | 0.00% | −0.00 |
| ACN Accenture PLC Class A | Reduce -8.4% | 0.01% | −0.00 |
| CAH Cardinal Health Inc. | Reduce -2.2% | 0.02% | −0.00 |
| KNSL Kinsale Capital Group Inc. | Reduce -8.3% | 0.01% | −0.00 |
| LPLA LPL Financial Holdings Inc. | Reduce -1.3% | 0.01% | −0.00 |
| CL Colgate-Palmolive Co. | Reduce -4.2% | 0.01% | −0.00 |
| NOW ServiceNow Inc. | Reduce -4.2% | 0.01% | −0.00 |
| CHE Chemed Corp. | Reduce -3.6% | 0.01% | −0.00 |
| CME Cme Group Inc. | Reduce -64.3% | 0.00% | −0.00 |
| AVY Avery Dennison Corp. | Sold out | 0.00% | −0.00 |
| F Ford Motor Co. | Reduce -33.8% | 0.01% | −0.00 |
| UMH Umh Properties Inc. | Reduce -3.3% | 0.01% | −0.00 |
| PRGO Perrigo Co. PLC | Reduce -1.1% | 0.01% | −0.00 |
| AJG Arthur J Gallagher & Co. | Reduce -1.0% | 0.02% | −0.00 |
| WDS Woodside Energy Group-ADR | Sold out | 0.00% | −0.00 |
| RACE Ferrari NV | Reduce -5.2% | 0.02% | −0.00 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -18.5% | 0.01% | −0.00 |
| HEI Heico Corp. | Reduce -1.0% | 0.02% | −0.00 |
| LH Labcorp Holdings Inc. | Reduce -82.3% | 0.00% | −0.00 |
| RDY Dr. Reddy's Laboratories-ADR | Reduce -28.3% | 0.00% | −0.00 |
| MCD McDonald's Corp. | Reduce -2.0% | 0.03% | −0.00 |
| BWXT BWX Technologies Inc. | Reduce -23.3% | 0.02% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +2.3% | 1.02% | +0.13 |
| QALT Sei Dbi Multstrt Alt ETF | New | 0.11% | +0.11 |
| UNH Unitedhealth Group Inc. | Add +132.6% | 0.18% | +0.10 |
| PEP Pepsico Inc. | Add +306.3% | 0.10% | +0.07 |
| BABA Alibaba Group Holding-SP ADR | Add +208.6% | 0.09% | +0.07 |
| NVDA Nvidia Corp. | Add +22.2% | 0.26% | +0.06 |
| PALL Abrdn Physical Palladium SHS | New | 0.06% | +0.06 |
| BDX Becton Dickinson and Co. | Add +3492.9% | 0.06% | +0.05 |
| JNJ Johnson & Johnson | Add +16.9% | 0.24% | +0.05 |
| TSLA Tesla Inc. | Add +2.1% | 0.22% | +0.05 |
| ORCL Oracle Corp. | Add +7.8% | 0.21% | +0.04 |
| GOOGL Alphabet Inc. Class A | Add +19.3% | 0.12% | +0.04 |
| DFAC Dimensional US Core Equity 2 | Add +3.0% | 11.46% | +0.04 |
| ABBV Abbvie Inc. | Add +43.2% | 0.10% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +13.0% | 0.12% | +0.03 |
| ALB Albemarle Corp. | Add +260.0% | 0.04% | +0.03 |
| CVX Chevron Corp. | Add +30.7% | 0.13% | +0.03 |
| UPS United Parcel Service Class B | Add +88.8% | 0.10% | +0.03 |
| PFE Pfizer Inc. | Add +36.9% | 0.12% | +0.03 |
| XOM Exxon Mobil Corp. | Add +22.4% | 0.19% | +0.03 |
| MRK Merck & Co. Inc. | Add +23.4% | 0.16% | +0.02 |
| TTD Trade Desk Inc./the Class A | New | 0.02% | +0.02 |
| RTX RTX Corp. | Add +5.6% | 0.24% | +0.02 |
| C Citigroup Inc. | Add +11.7% | 0.12% | +0.02 |
| DFAE Dimensional Emerging Core Eq | Add +2.1% | 3.52% | +0.02 |
| OXY Occidental Petroleum Corp. | New | 0.02% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | Add +88.2% | 0.04% | +0.02 |
| ZETA Zeta Global Holdings Corp. Class A | New | 0.02% | +0.02 |
| DUK Duke Energy Corp. | Add +19.2% | 0.15% | +0.02 |
| HIMS Hims & Hers Health Inc. | New | 0.02% | +0.02 |
| HD Home Depot Inc. | Add +47.5% | 0.05% | +0.02 |
| PDD PDD Holdings Inc. | Add +281.7% | 0.02% | +0.02 |
| GD General Dynamics Corp. | Add +4.0% | 0.18% | +0.02 |
| MS Morgan Stanley | Add +6.3% | 0.21% | +0.02 |
| QCOM Qualcomm Inc. | Add +25.5% | 0.10% | +0.02 |
| ZS Zscaler Inc. | New | 0.01% | +0.01 |
| BTI British American Tob-SP ADR | Add +163.2% | 0.02% | +0.01 |
| PYPL PayPal Holdings Inc. | New | 0.01% | +0.01 |
| BULL Webull Corp. | New | 0.01% | +0.01 |
| GIS General Mills Inc. | Add +312.5% | 0.02% | +0.01 |
| LOW Lowe's Cos Inc. | Add +11.2% | 0.11% | +0.01 |
| WHR Whirlpool Corp. | New | 0.01% | +0.01 |
| GSLC Goldman Activebeta US LC ETF | New | 0.01% | +0.01 |
| CTRE Caretrust REIT Inc. | Add +59.7% | 0.03% | +0.01 |
| CAT Caterpillar Inc. | Add +1.2% | 0.12% | +0.01 |
| SEIV Sei Qim US Large Cap Value A | Add +9.2% | 0.18% | +0.01 |
| APH Amphenol Corp. Class A | Add +10.0% | 0.06% | +0.01 |
| NMAX Newsmax Inc. | New | 0.01% | +0.01 |
| OMC Omnicom Group | Add +20.0% | 0.06% | +0.01 |
| JD Jd.com Inc.-ADR | Add +365.8% | 0.02% | +0.01 |
Notes & Other Activity Q2 2025 → Q3 2025
| SQFTW Presidio Property TRST -CW27 | *W EXP 01/24/202 | Reduce -12.0% | 16,254 | $567 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.