Breakwater Investment Management

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 8, 2024), Breakwater Investment Management reported 315 stock positions worth $223.6 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 14.0% of the portfolio, followed by Schwab US Broad Market ETF (SCHB, 8.9%) and Vanguard Total Intl Stock (VXUS, 6.0%). Compared with Q1 2024, it opened 15 new positions, sold out of 12, added to 46 and reduced 37. The biggest buy was iShares Euro High Yield (EUHY, shares +993%) and the biggest sale Vanguard Total Intl Bond ETF (BNDX, shares −2%).

Most Recent 13F
Q2 2026
Location
SEATTLE, WA
CIK
0002025925
Portfolio Value
$223.6M (Q2 2024)
SEC Filing
0002025925-24-000002 ↗ filed Aug 8, 2024

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $217.3M Q1 2024 Q2 2024: $223.6M $223.6M Q2 2024 Q3 2024: $239.5M Q3 2024 Q4 2024: $235.2M Q4 2024 Q1 2025: $234.2M Q1 2025 Q2 2025: $258.5M Q2 2025 Q3 2025: $271.2M Q3 2025 Q4 2025: $276.4M Q4 2025 Q1 2026: $268.9M Q1 2026 Q2 2026: $293.7M Q2 2026

Holdings 315 stocks · $223.6M
VTI VG Morningstar TS MKT ETF-US 14.04% 117,354 $31.4M Add +1.7%
SCHB Schwab US Broad Market ETF 8.89% 315,948 $19.9M Reduce -1.5%
VXUS Vanguard Total Intl Stock 6.00% 222,629 $13.4M Add +1.7%
BND Vanguard Total Bond Market 5.47% 169,770 $12.2M Add +1.2%
MSFT Microsoft Corp. 5.46% 27,320 $12.2M Add +0.1%
BNDX Vanguard Total Intl Bond ETF 4.84% 222,328 $10.8M Reduce -2.3%
VEU Vanguard Ftse All-World Ex-U 2.61% 99,419 $5.8M Add +1.9%
SPTM SS SPDR P S&P 1500 Comp ETF 2.48% 83,575 $5.5M Add +0.1%
VT Vanguard Tot World STK ETF 2.37% 47,122 $5.3M Reduce -0.2%
VYM Vanguard High DVD Yield ETF 2.29% 43,112 $5.1M Reduce -2.6%
SPY SS SPDR S&P 500 ETF Trust-US 2.15% 8,835 $4.8M Add +0.0%
VWO Vanguard Ftse Emerging Marke 2.15% 109,857 $4.8M Add +0.4%
SCHF Schwab Intl Equity ETF 2.12% 123,559 $4.7M Reduce -0.4%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 2.02% 14,381 $4.5M Reduce -1.9%
SCHD Schwab US DVD Equity ETF 1.94% 55,780 $4.3M Reduce -5.3%
VGSH Vanguard Short-Term Treasury 1.92% 73,852 $4.3M Reduce -4.1%
VIG Vanguard Dividend Apprec ETF 1.90% 23,243 $4.2M Add +4.1%
SCHO Schwab Short-Term US Treas 1.87% 87,065 $4.2M Reduce -8.9%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 1.82% 34,301 $4.1M Add +2.3%
SCHZ Schwab US Aggregate Bond ETF 1.77% 86,805 $4.0M Add +13.1%
PRFT Perficient Inc. 1.32% 39,394 $2.9M No change
IAGG iShares Intl Aggregate Bond 1.25% 55,929 $2.8M Add +14.5%
SPAB SS SPDR P Agg Bond ETF 1.08% 96,411 $2.4M Reduce -8.1%
SPDW Ste STR SPDR PT DW Eu ETF 0.98% 62,687 $2.2M Reduce -1.3%
SCHE Schwab Emrg Mrkts Eqty ETF 0.93% 78,275 $2.1M Add +0.2%
VYMI Vanguard Int High DVD YLD Inc. 0.89% 29,096 $2.0M Add +2.3%
VNQ Vanguard Real Estate ETF 0.87% 23,166 $1.9M Reduce -6.7%
VWOB Vanguard Emerg MKTS Gov BND 0.79% 28,156 $1.8M Add +1.0%
GII State Street SPDR S&P Global 0.71% 29,079 $1.6M Add +3.3%
SCHX Schwab US Large-Cap ETF 0.71% 24,627 $1.6M Add +7.6%
VTIP Vanguard Short-Term Tips 0.68% 31,122 $1.5M Reduce -23.7%
SCHP Schwab U.S. Tips ETF 0.66% 28,229 $1.5M Reduce -2.3%
VIGI Vanguard Int Div App Indx FD 0.54% 14,783 $1.2M No change
VUG Vanguard Mrngstar GR ETF-Sui 0.52% 3,108 $1.2M No change
AMZN Amazon.com Inc. 0.52% 6,014 $1.2M Add +0.0%
SCHH Schwab US REIT ETF 0.48% 53,496 $1.1M Add +4.8%
STIP iShares 0-5 Year Tips Bond E 0.47% 10,582 $1.1M No change
EUHY iShares Euro High Yield Corp. 0.47% 21,538 $1.0M Add +993.3%
VEA Vanguard Ftse Developed ETF 0.43% 19,245 $951K Add +2.5%
VNQI Vanguard GLBL Ex-US Real Est 0.39% 21,301 $864K Reduce -7.6%
SPTS SS SPDR P St Term TSY ETF 0.37% 28,868 $833K Reduce -9.7%
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.36% 4,032 $795K Add +6.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.34% 3,077 $768K No change
GOOGL Alphabet Inc. Class A 0.34% 4,187 $763K No change
VOTE TCW Transform 500 ETF 0.31% 10,824 $688K Add +0.5%
VTEB Vanguard Tax-Exempt Bond ETF 0.31% 13,614 $682K Add +5.5%
BBEU JPMorgan Betabuilders Europe 0.30% 11,570 $681K Add +2.9%
NVDA Nvidia Corp. 0.28% 5,050 $624K Reduce -0.6%
VGK Vanguard Ftse Europe ETF 0.26% 8,663 $578K Reduce -4.3%
BSV Vanguard Short-Term Bond ETF 0.23% 6,825 $523K Add +4.3%
VGIT Vanguard Intermediate-Term T 0.23% 8,891 $518K Add +771.7%
XLK SS Technology Select Sector 0.23% 2,273 $514K No change
AAXJ iShares MSCI All Country Asi 0.22% 6,838 $492K Reduce -9.3%
VTV Vanguard Mrngstr Val ETF-Aui 0.22% 3,004 $482K Add +0.7%
SPSB SS SPDR P St C Corp. ETF 0.21% 15,857 $471K No change
MUB iShares National Muni Bond E 0.21% 4,373 $466K Add +1377.4%
STPZ PIMCO 1-5 Year US Tips Index 0.21% 8,957 $463K Reduce -0.9%
AAPL Apple Inc. 0.19% 2,033 $428K Add +11.3%
VGT Vanguard Info Tech ETF 0.18% 688 $397K No change
WOOD iShares Global Timber & Fore 0.17% 4,841 $379K No change
GLD SPDR Gold Shares 0.17% 1,734 $373K Add +2.9%
GSG iShares S&P Gsci Commodity I 0.15% 15,520 $344K Add +263.0%
SPBO SS SPDR P Corp. Bond ETF 0.15% 11,410 $327K New
IWM iShares Russell 2000 ETF 0.14% 1,504 $305K No change
MRK Merck & Co. Inc. 0.14% 2,461 $305K No change
DVY iShares Select Dividend ETF 0.11% 2,072 $251K No change
IVV iShares Core S&P 500 ETF 0.11% 449 $246K No change
HD Home Depot Inc. 0.11% 689 $237K Reduce -52.0%
VPL Vanguard Ftse Pacific ETF 0.10% 3,157 $234K No change
KO The Coca-Cola Co. 0.10% 3,536 $225K No change
VB Vanguard Most SM-Cap ETF-Usd 0.10% 1,016 $222K No change
GOOG Alphabet Inc. Class C 0.10% 1,200 $220K No change
PRF Invesco Rafi US 1000 ETF 0.10% 5,600 $213K No change
META Meta Platforms Inc. Class A 0.10% 421 $212K No change
SPEM State Street SP PTF Em ETF 0.09% 5,617 $212K No change
ADBE Adobe Inc. 0.09% 367 $204K Add +32.0%
MDY State Street SPDR S&P Midcap 0.09% 380 $203K No change
ISRG Intuitive Surgical Inc. 0.09% 451 $201K No change
FNDB Schwab Fndmntl US BRD Mr ETF 0.09% 3,029 $199K No change
TMO Thermo Fisher Scientific Inc. 0.09% 358 $198K No change
IXJ iShares Global Healthcare Et 0.09% 2,098 $195K No change
VCIT Vanguard Int-Term Corporate 0.08% 2,342 $187K No change
VTC Vanguard Total Corporate BND 0.08% 2,464 $187K New
IOO iShares Global 100 ETF 0.08% 1,828 $177K No change
XHB SS SPDR S&P Homebldrs ETF 0.08% 1,720 $174K No change
VIS Vanguard Industrials ETF 0.08% 731 $172K Reduce -16.1%
SPYM Ste STR SPDR PT S&P 500 ETF 0.08% 2,672 $171K No change
VGLT Vanguard Long-Term Treasury 0.07% 2,830 $163K No change
XOM Exxon Mobil Corp. 0.07% 1,403 $162K No change
EEM iShares MSCI Emerging Market 0.07% 3,601 $153K No change
VCSH Vanguard S/T Corp. Bond ETF 0.07% 1,895 $146K Reduce -2.5%
VOO Vanguard S&P 500 ETF 0.07% 292 $146K Add +0.7%
CSCO Cisco Systems Inc. 0.06% 2,992 $142K No change
INDY iShares India 50 ETF 0.06% 2,565 $138K No change
AGGY Wisdomtree Yield Enhanced US 0.06% 3,128 $134K New
WMT Walmart Inc. 0.06% 1,946 $132K No change
QQQ Invesco QQQ Trust Series 1 0.06% 272 $130K No change
GRMN Garmin Ltd. 0.06% 790 $129K No change
FNDX Schwab Fndmntl US LRG Co. ETF 0.05% 1,796 $120K No change
SBUX Starbucks Corp. 0.05% 1,513 $118K No change
FLR Fluor Corp. 0.05% 2,700 $118K No change
AMP Ameriprise Financial Inc. 0.05% 261 $111K No change
IWB iShares Russell 1000 ETF 0.05% 363 $108K No change
SCHR Schwab Intermediate-Term US 0.05% 2,177 $106K Add +14.3%
REET iShares Global REIT ETF 0.05% 4,544 $106K Add +298.9%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.05% 430 $104K No change
PIT Vaneck Commodity Strat ETF 0.05% 2,090 $103K No change
SPTB SS SPDR P Treasury ETF 0.04% 3,183 $96K New
PCY Invesco Emerging Markets Sov 0.04% 4,735 $95K No change
EBND State Street SPDR Bloomberg 0.04% 4,660 $93K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 2,319 $92K No change
SCYB Schwab High Yield Bond ETF 0.04% 1,697 $88K Add +8831.6%
DHR Danaher Corp. 0.04% 341 $85K Reduce -1.4%
HLT Hilton Worldwide Holdings Inc. 0.04% 387 $84K No change
LOW Lowe's Cos Inc. 0.04% 371 $82K No change
AGG iShares Core U.S. Aggregate 0.04% 836 $81K No change
XLV SS Health Care Select Sector 0.04% 543 $79K No change
EMB iShares JP Morgan Usd Emergi 0.03% 861 $76K Add +4964.7%
MA Mastercard Inc. Class A 0.03% 170 $75K No change
ACWX iShares MSCI Acwi Ex US ETF 0.03% 1,407 $75K No change
EFA iShares MSCI Eafe ETF 0.03% 929 $73K No change
CVX Chevron Corp. 0.03% 453 $71K No change
ACN Accenture PLC Class A 0.03% 232 $70K No change
RSP Invesco S&P 500 Equal Weight 0.03% 426 $70K No change
TIP iShares Tips Bond ETF 0.03% 654 $70K Reduce -11.7%
OMER Omeros Corp. 0.03% 17,048 $69K No change
COST Costco Wholesale Corp. 0.03% 81 $69K No change
SCHM Schwab US Mid Cap ETF 0.03% 850 $66K No change
FNDE Schwab Fndmntl Em MRK Eq ETF 0.03% 2,236 $66K No change
ICE Intercontinental Exchange Inc. 0.03% 480 $66K No change
SHY iShares 1-3 Year Treasury Bo 0.03% 782 $64K No change
BA The Boeing Co. 0.03% 349 $64K No change
ROK Rockwell Automation Inc. 0.03% 226 $62K No change
IXUS iShares Core Intl Stock ETF 0.03% 910 $61K No change
EWY iShares MSCI South Korea ETF 0.03% 922 $61K Reduce -11.0%
ARTY iShares Future AI & Tech ETF 0.03% 1,802 $60K No change
PG The Procter & Gamble Co. 0.03% 361 $60K No change
DGRW Wisdomtree U.S. Quality Divi 0.03% 748 $58K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.03% 511 $56K No change
ECL Ecolab Inc. 0.02% 231 $55K No change
IJJ iShares S&P Mid-Cap 400 Valu 0.02% 463 $53K No change
CRM Salesforce Inc. 0.02% 200 $51K No change
HON Honeywell International Inc. 0.02% 226 $48K No change
SMH Vaneck Semiconductor ETF 0.02% 185 $48K No change
IWF iShares Russell 1000 Growth 0.02% 130 $47K No change
LMT Lockheed Martin Corp. 0.02% 100 $47K No change
EWT iShares MSCI Taiwan ETF 0.02% 835 $45K No change
SONO Sonos Inc. 0.02% 3,000 $44K No change
EPP iShares MSCI Pacific Ex Japa 0.02% 1,005 $43K Reduce -19.7%
JPM JPMorgan Chase & Co. 0.02% 212 $43K Add +66.9%
IVW iShares S&P 500 Growth ETF 0.02% 460 $43K No change
BWX SS SPDR BB Intl Treasury BD 0.02% 1,903 $41K Reduce -22.0%
ORCL Oracle Corp. 0.02% 269 $38K No change
TUR iShares MSCI Turkey ETF 0.02% 838 $35K No change
ICF iShares Select U.S. REIT ETF 0.01% 570 $33K No change
JNJ Johnson & Johnson 0.01% 221 $32K No change
EWJ iShares MSCI Japan ETF 0.01% 464 $32K No change
MDT Medtronic PLC 0.01% 400 $31K No change
IWR iShares Russell Mid-Cap ETF 0.01% 388 $31K No change
PIO Invesco Global Water ETF 0.01% 774 $31K No change
IUSG iShares Core S&P U.S. Growth 0.01% 245 $31K No change
SCHK Schwab 1000 Index ETF 0.01% 587 $31K No change
EPI Wisdomtree India Earnings 0.01% 621 $30K Reduce -56.7%
LLY Eli Lilly & Co. 0.01% 33 $30K No change
ILF iShares Latin America 40 ETF 0.01% 1,205 $30K Reduce -61.4%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.01% 839 $29K Reduce -71.8%
ITW Illinois Tool Works 0.01% 124 $29K No change
EZU iShares MSCI Eurozone ETF 0.01% 577 $28K No change
PHO Invesco Water Resources ETF 0.01% 424 $28K No change
RTX RTX Corp. 0.01% 265 $27K Reduce -5.4%
EWL iShares MSCI Switzerland ETF 0.01% 546 $26K No change
ACWI iShares MSCI Acwi ETF 0.01% 232 $26K No change
ETN Eaton Corp. PLC 0.01% 83 $26K Add +1560.0%
AVGO Broadcom Inc. 0.01% 16 $26K No change
IWV iShares Russell 3000 ETF 0.01% 83 $26K Reduce -13.5%
SCHY Schwab International DVD ETF 0.01% 1,064 $25K No change
ARKW ARK Next Generation Technolo 0.01% 300 $23K No change
VDC Vanguard Consumer Staple ETF 0.01% 115 $23K No change
CMCSA Comcast Corp. Class A 0.01% 586 $23K Reduce -13.3%
ESGV Vanguard ESG US Stock ETF 0.01% 237 $23K No change
IEO iShares U.S. Oil & Gas Explo 0.01% 226 $22K No change
ABBV Abbvie Inc. 0.01% 131 $22K Add +101.5%
PEP Pepsico Inc. 0.01% 134 $22K No change
CB Chubb Ltd. 0.01% 85 $22K Add +142.9%
IXC iShares Global Energy ETF 0.01% 513 $21K No change
BDX Becton Dickinson and Co. 0.01% 89 $21K No change
IAU iShares Gold Trust 0.01% 460 $20K No change
V Visa Inc. Class A 0.01% 76 $20K No change
ADM Archer-Daniels-Midland Co. 0.01% 324 $20K No change
FXI iShares China Large-Cap ETF 0.01% 708 $18K No change
EWZ iShares MSCI Brazil ETF 0.01% 671 $18K No change
NEE Nextera Energy Inc. 0.01% 255 $18K Add +39.3%
WIP State Street SPDR Ftse Inter 0.01% 468 $18K No change
SPIP SS SPDR P Tips ETF 0.01% 704 $18K Reduce -29.6%
IXP iShares Global Comm Services 0.01% 201 $18K No change
PBW Invesco Wilderhill Clean Ene 0.01% 876 $18K No change
ARKK ARK Innovation ETF 0.01% 400 $18K No change
IEI iShares 3-7 Year Treasury Bo 0.01% 152 $18K No change
WFC Wells Fargo & Co. 0.01% 288 $17K No change
RWX State Street SPDR Dow Jones 0.01% 683 $16K No change
MCD McDonald's Corp. 0.01% 64 $16K No change
GIS General Mills Inc. 0.01% 253 $16K No change
IJR iShares Core S&P Small-Cap E 0.01% 140 $15K No change
DTE DTE Energy Company 0.01% 128 $14K No change
FDN First Trust DJ Internet Ind 0.01% 68 $14K No change
EWN iShares MSCI Netherlands ETF 0.01% 275 $14K No change
CME Cme Group Inc. 0.01% 68 $13K New
INDA iShares MSCI India ETF 0.01% 235 $13K No change
TRGP Targa Resources Corp. 0.01% 100 $13K New
STZ Constellation Brands Inc. Class A 0.01% 50 $13K No change
VAW Vanguard Materials ETF 0.01% 65 $13K No change
TXN Texas Instruments Inc. 0.01% 64 $12K No change
EIRL iShares MSCI Ireland ETF 0.01% 191 $12K No change
FISV Fiserv Inc. 0.01% 80 $12K No change
OEF iShares S&P 100 ETF 0.01% 45 $12K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.01% 116 $12K Add +1.8%
IGE iShares North American Natur 0.01% 255 $11K No change
MBB iShares MBS ETF 0.00% 119 $11K No change
VLTO Veralto Corp. 0.00% 113 $11K Reduce -0.9%
JPXN iShares JPX-Nikkei 400 ETF 0.00% 146 $11K No change
ICLN iShares Global Clean Energy 0.00% 766 $10K No change
CAT Caterpillar Inc. 0.00% 30 $10K No change
APD Air Products & Chemicals Inc. 0.00% 38 $10K New
SCHJ Schwab 1-5 YR Corp. BND ETF 0.00% 203 $10K No change
GEM Goldman Sachs Activebeta Em 0.00% 290 $9K No change
JBL Jabil Inc. 0.00% 87 $9K New
EWP iShares MSCI Spain ETF 0.00% 300 $9K No change
CARR Carrier Global Corp. 0.00% 145 $9K No change
BHP BHP Group Ltd.-Spon ADR 0.00% 160 $9K No change
EWC iShares MSCI Canada ETF 0.00% 242 $9K No change
JAAA Janus Henderson Aaa Clo ETF 0.00% 175 $9K New
IBB iShares Biotechnology ETF 0.00% 63 $9K No change
DOW Dow Inc. 0.00% 162 $9K New
NUV Nuveen Municipal Value 0.00% 975 $8K No change
SPIB SS SPDR P Int C Corp. ETF 0.00% 245 $8K No change
VZ Verizon Communications Inc. 0.00% 190 $8K Add +375.0%
UNP Union Pacific Corp. 0.00% 33 $7K New
JNPR Juniper Networks Inc. 0.00% 203 $7K No change
IBND SS SPDR BB Intl Corp. BD ETF 0.00% 248 $7K No change
WY Weyerhaeuser Co. 0.00% 250 $7K No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.00% 66 $7K No change
SPYG SS SPDR P S&P 500 Growth ETF 0.00% 88 $7K No change
EWG iShares MSCI Germany ETF 0.00% 230 $7K No change
OTIS Otis Worldwide Corp. 0.00% 72 $7K No change
SHEL Shell PLC-ADR 0.00% 96 $7K No change
EWD iShares MSCI Sweden ETF 0.00% 169 $7K No change
LHX L3HARRIS Technologies Inc. 0.00% 30 $7K No change
MDLZ Mondelez International Inc. Class A 0.00% 96 $6K No change
IBIT iShares Bitcoin Trust ETF 0.00% 175 $6K No change
F Ford Motor Co. filed as FORD MTR CO DEL 0.00% 470 $6K No change
DWX State Street SPDR S&P Intern 0.00% 170 $6K No change
DVN Devon Energy Corp. 0.00% 117 $6K New
HEES H&E Equipment Services Inc. 0.00% 125 $6K New
IGSB iShares 1-5Y Inv Grade Corp. 0.00% 106 $5K No change
PFE Pfizer Inc. 0.00% 194 $5K No change
APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC 0.00% 75 $5K No change
FT Franklin Universal Trust 0.00% 775 $5K New
ALK Alaska Air Group Inc. 0.00% 128 $5K No change
CRL Charles River Laboratories 0.00% 25 $5K No change
WOR Worthington Enterprises Inc. 0.00% 108 $5K No change
DTM DT Midstream Inc. 0.00% 64 $5K No change
TRMB Trimble Inc. 0.00% 65 $4K No change
WS Worthington Steel Inc. 0.00% 108 $4K No change
GNRC Generac Holdings Inc. 0.00% 25 $3K No change
XLRE SS Real Estate Select Sector 0.00% 82 $3K No change
EZA iShares MSCI South Africa Et 0.00% 72 $3K No change
JWN Nordstrom Inc. 0.00% 128 $3K No change
SCHG Schwab US Large-Cap Growth 0.00% 26 $3K No change
PLTR Palantir Technologies Inc. Class A 0.00% 100 $3K No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.00% 15 $2K No change
AMAT Applied Materials Inc. 0.00% 9 $2K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.00% 10 $2K No change
EWI iShares MSCI Italy ETF 0.00% 50 $2K No change
NOW ServiceNow Inc. 0.00% 2 $2K No change
UNH Unitedhealth Group Inc. 0.00% 3 $2K No change
TRV The Travelers Cos Inc. 0.00% 7 $1K No change
EWS iShares MSCI Singapore ETF 0.00% 73 $1K Reduce -78.3%
INTU Intuit Inc. 0.00% 2 $1K No change
SHV iShares 0-1 Year Treasury Bo 0.00% 10 $1K No change
WDS Woodside Energy Group-ADR 0.00% 58 $1K No change
ORLY O'reilly Automotive Inc. 0.00% 1 $1K No change
KHC The Kraft Heinz Co. 0.00% 32 $1K No change
ADI Analog Devices Inc. 0.00% 4 $914 No change
GHYB Goldman Sachs Access HY Corp. 0.00% 20 $881 No change
IJH iShares Core S&P Midcap ETF 0.00% 15 $878 No change
GD General Dynamics Corp. 0.00% 3 $871 No change
IBKR Interactive Brokers Gro Class A 0.00% 7 $859 No change
RACE Ferrari NV 0.00% 2 $817 No change
WU Western Union Co. 0.00% 64 $783 No change
C Citigroup Inc. 0.00% 12 $762 No change
BMRN Biomarin Pharmaceutical Inc. 0.00% 9 $741 No change
EW Edwards Lifesciences Corp. 0.00% 8 $739 No change
LNG Cheniere Energy Inc. 0.00% 4 $700 No change
PARAA Paramount Global Class B 0.00% 64 $665 No change
PGR Progressive Corp. 0.00% 3 $624 No change
TSLA Tesla Inc. 0.00% 3 $594 No change
DIV Global X Superdividend Use 0.00% 33 $570 No change
TMUS T-Mobile US Inc. 0.00% 3 $529 No change
VTRS Viatris Inc. 0.00% 47 $500 Add +95.8%
ADSK Autodesk Inc. 0.00% 2 $495 No change
IT Gartner Inc. 0.00% 1 $450 No change
HES Hess Corp. 0.00% 3 $443 No change
LIN Linde PLC 0.00% 1 $439 No change
AMT American Tower Corp. 0.00% 2 $389 No change
CORP PIMCO Inv Grade Corp. BD ETF 0.00% 4 $381 No change
ZTS Zoetis Inc. 0.00% 2 $347 No change
BB Blackberry Ltd. 0.00% 100 $248 No change
MOS The Mosaic Co. 0.00% 8 $232 No change
EPAM Epam Systems Inc. 0.00% 1 $189 No change
PARAA Paramount Global Class A 0.00% 8 $148 No change
OGN Organon & Co. 0.00% 7 $145 New
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.00% 1 $107 No change
TDC Teradata Corp. 0.00% 3 $104 No change
NATL NCR Atleos Corp. 0.00% 1 $28 No change
LUMN Lumen Technologies Inc. 0.00% 3 $4 No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $42 (not counted above)
SecurityClassShares / PrincipalValueChange
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 1$42No change
Lines left out (1) · $6 — a value with no share or principal amount
SecurityClassSharesValue
LUV Southwest Airlines Co. COM0$6

Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.

Total filed on the 13F, all lines: $223.6M.

Portfolio Sells Q1 2024 → Q2 2024
BNDX Vanguard Total Intl Bond ETF Reduce -2.3% 4.84% −0.31
SCHD Schwab US DVD Equity ETF Reduce -5.3% 1.94% −0.25
SCHO Schwab Short-Term US Treas Reduce -8.9% 1.87% −0.25
VTIP Vanguard Short-Term Tips Reduce -23.7% 0.68% −0.22
VYM Vanguard High DVD Yield ETF Reduce -2.6% 2.29% −0.18
HD Home Depot Inc. Reduce -52.0% 0.11% −0.15
VGSH Vanguard Short-Term Treasury Reduce -4.1% 1.92% −0.14
SPAB SS SPDR P Agg Bond ETF Reduce -8.1% 1.08% −0.14
SCHB Schwab US Broad Market ETF Reduce -1.5% 8.89% −0.13
VNQ Vanguard Real Estate ETF Reduce -6.7% 0.87% −0.12
SCHF Schwab Intl Equity ETF Reduce -0.4% 2.12% −0.10
VUSB Vanguard Ultra Short Bond Et Sold out 0.00% −0.07
SPDW Ste STR SPDR PT DW Eu ETF Reduce -1.3% 0.98% −0.06
VNQI Vanguard GLBL Ex-US Real Est Reduce -7.6% 0.39% −0.06
SPTS SS SPDR P St Term TSY ETF Reduce -9.7% 0.37% −0.05
SCHP Schwab U.S. Tips ETF Reduce -2.3% 0.66% −0.04
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -71.8% 0.01% −0.04
XLY SS Consumer Disc Select Sect Sold out 0.00% −0.03
ILF iShares Latin America 40 ETF Reduce -61.4% 0.01% −0.03
VT Vanguard Tot World STK ETF Reduce -0.2% 2.37% −0.03
AZN Astrazeneca PLC-Spons ADR Sold out 0.00% −0.02
VGK Vanguard Ftse Europe ETF Reduce -4.3% 0.26% −0.02
VIS Vanguard Industrials ETF Reduce -16.1% 0.08% −0.02
EPI Wisdomtree India Earnings Reduce -56.7% 0.01% −0.02
AAXJ iShares MSCI All Country Asi Reduce -9.3% 0.22% −0.01
XLF SS Financial Select Sector Sold out 0.00% −0.01
STPZ PIMCO 1-5 Year US Tips Index Reduce -0.9% 0.21% −0.01
BWX SS SPDR BB Intl Treasury BD Reduce -22.0% 0.02% −0.01
TIP iShares Tips Bond ETF Reduce -11.7% 0.03% −0.01
EPP iShares MSCI Pacific Ex Japa Reduce -19.7% 0.02% −0.01
EWY iShares MSCI South Korea ETF Reduce -11.0% 0.03% −0.00
ERTH Invesco MSCI Sustainable Fut Sold out 0.00% −0.00
BWZ State Street SPDR Bloomberg Sold out 0.00% −0.00
SPIP SS SPDR P Tips ETF Reduce -29.6% 0.01% −0.00
VCSH Vanguard S/T Corp. Bond ETF Reduce -2.5% 0.07% −0.00
CMCSA Comcast Corp. Class A Reduce -13.3% 0.01% −0.00
EWS iShares MSCI Singapore ETF Reduce -78.3% 0.00% −0.00
IWV iShares Russell 3000 ETF Reduce -13.5% 0.01% −0.00
DHR Danaher Corp. Reduce -1.4% 0.04% −0.00
THD iShares MSCI Thailand ETF Sold out 0.00% −0.00
RTX RTX Corp. Reduce -5.4% 0.01% −0.00
IEMG iShares Core MSCI Emerging Sold out 0.00% −0.00
GBIL Goldman Sachs Access Treasur Sold out 0.00% −0.00
JPST JPMorgan Ultra-Short Income Sold out 0.00% −0.00
EMBC Embecta Corp. Sold out 0.00% −0.00
NIO Nio Inc. - ADR Sold out 0.00% 0.00
VLTO Veralto Corp. Reduce -0.9% 0.00% +0.00
NVDA Nvidia Corp. Reduce -0.6% 0.28% +0.07
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -1.9% 2.02% +0.09

Portfolio Buys Q1 2024 → Q2 2024
EUHY iShares Euro High Yield Corp. Add +993.3% 0.47% +0.43
VTI VG Morningstar TS MKT ETF-US Add +1.7% 14.04% +0.24
VGIT Vanguard Intermediate-Term T Add +771.7% 0.23% +0.20
MUB iShares National Muni Bond E Add +1377.4% 0.21% +0.19
MSFT Microsoft Corp. Add +0.1% 5.46% +0.18
SPBO SS SPDR P Corp. Bond ETF New 0.15% +0.15
SCHZ Schwab US Aggregate Bond ETF Add +13.1% 1.77% +0.15
IAGG iShares Intl Aggregate Bond Add +14.5% 1.25% +0.13
GSG iShares S&P Gsci Commodity I Add +263.0% 0.15% +0.11
VTC Vanguard Total Corporate BND New 0.08% +0.08
AGGY Wisdomtree Yield Enhanced US New 0.06% +0.06
SCHX Schwab US Large-Cap ETF Add +7.6% 0.71% +0.05
AAPL Apple Inc. Add +11.3% 0.19% +0.05
VWO Vanguard Ftse Emerging Marke Add +0.4% 2.15% +0.05
SPTB SS SPDR P Treasury ETF New 0.04% +0.04
SCYB Schwab High Yield Bond ETF Add +8831.6% 0.04% +0.04
REET iShares Global REIT ETF Add +298.9% 0.05% +0.03
EMB iShares JP Morgan Usd Emergi Add +4964.7% 0.03% +0.03
MGC Vngrd Mrngstr MG Cap ETF-Usd Add +6.9% 0.36% +0.03
ADBE Adobe Inc. Add +32.0% 0.09% +0.03
SPY SS SPDR S&P 500 ETF Trust-US Add +0.0% 2.15% +0.02
SCHE Schwab Emrg Mrkts Eqty ETF Add +0.2% 0.93% +0.02
VIG Vanguard Dividend Apprec ETF Add +4.1% 1.90% +0.02
AMZN Amazon.com Inc. Add +0.0% 0.52% +0.02
SPTM SS SPDR P S&P 1500 Comp ETF Add +0.1% 2.48% +0.02
ETN Eaton Corp. PLC Add +1560.0% 0.01% +0.01
GII State Street SPDR S&P Global Add +3.3% 0.71% +0.01
JPM JPMorgan Chase & Co. Add +66.9% 0.02% +0.01
GLD SPDR Gold Shares Add +2.9% 0.17% +0.01
CME Cme Group Inc. New 0.01% +0.01
TRGP Targa Resources Corp. New 0.01% +0.01
CB Chubb Ltd. Add +142.9% 0.01% +0.01
VTEB Vanguard Tax-Exempt Bond ETF Add +5.5% 0.31% +0.00
ABBV Abbvie Inc. Add +101.5% 0.01% +0.00
SCHR Schwab Intermediate-Term US Add +14.3% 0.05% +0.00
APD Air Products & Chemicals Inc. New 0.00% +0.00
JBL Jabil Inc. New 0.00% +0.00
VOTE TCW Transform 500 ETF Add +0.5% 0.31% +0.00
JAAA Janus Henderson Aaa Clo ETF New 0.00% +0.00
DOW Dow Inc. New 0.00% +0.00
UNP Union Pacific Corp. New 0.00% +0.00
BSV Vanguard Short-Term Bond ETF Add +4.3% 0.23% +0.00
NEE Nextera Energy Inc. Add +39.3% 0.01% +0.00
VZ Verizon Communications Inc. Add +375.0% 0.00% +0.00
DVN Devon Energy Corp. New 0.00% +0.00
HEES H&E Equipment Services Inc. New 0.00% +0.00
FT Franklin Universal Trust New 0.00% +0.00
VOO Vanguard S&P 500 ETF Add +0.7% 0.07% +0.00
SCHH Schwab US REIT ETF Add +4.8% 0.48% +0.00
OGN Organon & Co. New 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 599$293.7MVTI, SCHB, VXUS, SPTM, MSFT
Q1 2026 505$268.9MVTI, SCHB, VXUS, BND, MSFT
Q4 2025 496$276.4MVTI, SCHB, VXUS, MSFT, BNDX
Q3 2025 529$271.2MVTI, SCHB, VXUS, MSFT, BNDX
Q2 2025 309$258.5MVTI, SCHB, VXUS, MSFT, BND
Q1 2025 314$234.2MVTI, SCHB, VXUS, BND, BNDX
Q4 2024Amended 307$235.2MVTI, SCHB, VXUS, BND, MSFT
Q3 2024Amended 308$239.5MVTI, SCHB, VXUS, BND, MSFT
Q2 2024 315$223.6MVTI, SCHB, VXUS, BND, MSFT
Q1 2024 312$217.3MVTI, SCHB, VXUS, BND, MSFT