Briaud Financial Planning Inc

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Briaud Financial Planning Inc reported 364 stock positions worth $253.6 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 36.2% of the portfolio, followed by SPDR Gold Shares (GLD, 23.5%) and Invesco QQQ Trust Series 1 (QQQ, 13.2%). Compared with Q1 2025, it opened 163 new positions, sold out of 7, added to 44 and reduced 12. The biggest buy was Nvidia (NVDA, shares +16%) and the biggest sale SPDR Gold Shares (GLD, shares −24%).

Most Recent 13F
Q2 2026
Location
COLLEGE STATION, TX
CIK
0001800586
Portfolio Value
$253.6M (Q2 2025)
SEC Filing
0001908380-25-000002 ↗ filed Jul 31, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $175.9M Q1 2024 Q2 2024: $173.2M Q2 2024 Q3 2024: $193.6M Q3 2024 Q4 2024: $245.3M Q4 2024 Q1 2025: $251.7M Q1 2025 Q2 2025: $253.6M $253.6M Q2 2025 Q3 2025: $306.0M Q3 2025 Q4 2025: $405.9M Q4 2025 Q1 2026: $381.4M Q1 2026 Q2 2026: $380.2M Q2 2026

Holdings 364 stocks · $253.6M
VTI VG Morningstar TS MKT ETF-US 36.21% 302,127 $91.8M Reduce -1.4%
GLD SPDR Gold Shares 23.46% 195,132 $59.5M Reduce -24.0%
QQQ Invesco QQQ Trust Series 1 13.21% 60,747 $33.5M Reduce -0.1%
PDBC Invesco Optimum Yield Divers 13.06% 2,540,275 $33.1M Add +1.2%
IAU iShares Gold Trust 2.19% 88,965 $5.5M Reduce -16.7%
IVV iShares Core S&P 500 ETF 0.89% 3,629 $2.3M Add +11.0%
AAPL Apple Inc. 0.85% 10,446 $2.1M Add +0.8%
XOM Exxon Mobil Corp. 0.65% 15,229 $1.6M Add +1.1%
ADI Analog Devices Inc. 0.61% 6,518 $1.6M No change
NVDA Nvidia Corp. 0.60% 9,685 $1.5M Add +16.4%
LLY Eli Lilly & Co. 0.37% 1,194 $930K No change
PPLT Abrdn Physical Platinum SHRS 0.32% 6,624 $813K Reduce -26.0%
BRK.B Berkshire Hathaway Inc. Class B 0.29% 1,509 $733K Add +2.7%
MSFT Microsoft Corp. 0.29% 1,461 $727K Add +6.6%
TLT iShares 20+ Year Treasury BD 0.25% 7,312 $641K Reduce -2.7%
APD Air Products & Chemicals Inc. 0.23% 2,061 $581K Add +0.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.21% 867 $535K Add +41.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.20% 4,169 $516K No change
AMZN Amazon.com Inc. 0.20% 2,324 $509K Add +10.6%
BIL SS SPDR BB 1-3M T-Bill ETF 0.19% 5,170 $474K No change
SLV iShares Silver Trust 0.14% 11,104 $364K Add +0.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.14% 812 $355K No change
ITA iShares U.S. Aerospace & Def 0.14% 1,881 $354K Add +468.3%
RSP Invesco S&P 500 Equal Weight 0.12% 1,676 $304K No change
SPYM Ste STR SPDR PT S&P 500 ETF 0.11% 3,905 $283K New
PG The Procter & Gamble Co. 0.11% 1,748 $278K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.10% 894 $255K No change
XLE SS Energy Select Sector 0.09% 2,779 $235K Add +12.5%
WMT Walmart Inc. 0.09% 2,375 $232K Reduce -5.6%
AMGN Amgen Inc. 0.09% 815 $227K Add +34.5%
FFIN First Finl Bankshares Inc. 0.08% 5,876 $211K No change
JBL Jabil Inc. 0.08% 971 $211K New
V Visa Inc. Class A 0.08% 594 $210K Add +15.3%
JPM JPMorgan Chase & Co. 0.08% 719 $208K Add +2.1%
IJH iShares Core S&P Midcap ETF 0.08% 3,345 $207K Add +20.1%
COP Conocophillips 0.08% 2,183 $195K No change
ELV Elevance Health Inc. 0.08% 501 $194K No change
JNJ Johnson & Johnson 0.08% 1,253 $191K No change
PFM Invesco Dividend Achievers E 0.07% 3,890 $187K New
ABBV Abbvie Inc. 0.07% 999 $185K Add +6.6%
VTV Vanguard Mrngstr Val ETF-Aui 0.07% 1,026 $181K No change
NOBL Proshares S&P 500 Dividend A 0.07% 1,791 $180K No change
VHT Vanguard Health Care ETF 0.07% 716 $177K No change
LMT Lockheed Martin Corp. 0.07% 377 $174K No change
CAT Caterpillar Inc. 0.07% 446 $173K No change
QQQM Invesco Nasdaq 100 ETF 0.07% 753 $171K Add +522.3%
T AT&T Inc. 0.07% 5,882 $170K Add +19.9%
CVX Chevron Corp. 0.07% 1,188 $170K Add +143.9%
CSCO Cisco Systems Inc. 0.07% 2,429 $168K No change
VIG Vanguard Dividend Apprec ETF 0.06% 786 $160K No change
ZTS Zoetis Inc. 0.06% 1,022 $159K Add +3.5%
UNH Unitedhealth Group Inc. 0.06% 466 $145K No change
SHW The Sherwin-Williams Co. 0.06% 420 $144K Reduce -11.2%
IVE iShares S&P 500 Value ETF 0.06% 727 $142K Add +97.0%
WM Waste Management Inc. 0.05% 585 $133K No change
BUFR FT Vest Lad Buffervetf-Usd I 0.05% 3,981 $126K New
IVW iShares S&P 500 Growth ETF 0.05% 1,150 $126K Add +80.3%
ADP Automatic Data Processing 0.05% 400 $123K No change
PHO Invesco Water Resources ETF 0.05% 1,744 $121K New
PFF iShares Preferred & Income S 0.04% 3,463 $106K Add +9.7%
BN Brookfield Corp. 0.04% 1,624 $100K No change
FANG Diamondback Energy Inc. 0.04% 670 $92K Add +19.4%
SFNC Simmons First Natl Corp. Class A 0.04% 4,811 $91K No change
IJR iShares Core S&P Small-Cap E 0.04% 832 $90K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.04% 303 $89K No change
LOW Lowe's Cos Inc. 0.04% 402 $89K No change
XNEAX Nuveen Amt-FR QLTY Muni Inc. 0.03% 8,073 $88K No change
ETR Entergy Corp. 0.03% 1,048 $87K No change
SPDW Ste STR SPDR PT DW Eu ETF 0.03% 2,157 $87K New
STZ Constellation Brands Inc. Class A 0.03% 533 $86K Add +6.6%
INTC Intel Corp. 0.03% 3,809 $85K No change
NEXT Nextdecade Corp. 0.03% 9,333 $83K No change
SHEL Shell PLC-ADR 0.03% 1,193 $83K Add +12.2%
VOO Vanguard S&P 500 ETF 0.03% 145 $82K No change
VEA Vanguard Ftse Developed ETF 0.03% 1,412 $80K No change
PEP Pepsico Inc. 0.03% 599 $79K No change
SCHG Schwab US Large-Cap Growth 0.03% 2,736 $79K No change
EDV Vanguard Extended Dur Treas 0.03% 1,176 $79K No change
XLF SS Financial Select Sector 0.03% 1,490 $78K No change
MDYG SS SPDR S&P 400 MC GR ETF 0.03% 873 $75K New
SRE Sempra 0.03% 980 $74K No change
DRI Darden Restaurants Inc. 0.03% 337 $73K No change
PAYX Paychex Inc. 0.03% 500 $72K No change
VZ Verizon Communications Inc. 0.03% 1,683 $72K No change
BMY Bristol-Myers Squibb Co. 0.03% 1,536 $71K No change
HOLX Hologic Inc. 0.03% 1,000 $65K No change
MRVL Marvell Technology Inc. 0.03% 848 $65K No change
MCD McDonald's Corp. 0.03% 225 $65K Reduce -23.5%
JTEK JPMorgan US Tech Leaders 0.03% 760 $64K No change
ABT Abbott Laboratories 0.02% 469 $63K No change
GD General Dynamics Corp. 0.02% 200 $58K Add +60.0%
SCHV Schwab US Large-Cap Value 0.02% 2,112 $58K No change
MMM 3M Co. 0.02% 379 $57K No change
FTSD Franklin Short Duration U.S. 0.02% 618 $56K New
BKNG Booking Holdings Inc. 0.02% 9 $52K New
ROL Rollins Inc. 0.02% 909 $51K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.02% 623 $50K No change
NEE Nextera Energy Inc. 0.02% 710 $49K No change
JMUB JPMorgan Municipal ETF 0.02% 977 $48K New
VGIT Vanguard Intermediate-Term T 0.02% 794 $47K No change

Show all 364 holdings

Other holdings (1): bonds, preferreds, convertibles and warrants · $0 (not counted above)
SecurityClassShares / PrincipalValueChange
VAL.WS Valaris Ltd. -CW28 *W EXP 04/29/202 9$0No change

Portfolio Sells Q1 2025 → Q2 2025
GLD SPDR Gold Shares Reduce -24.0% 23.46% −5.94
IAU iShares Gold Trust Reduce -16.7% 2.19% −0.32
TLT iShares 20+ Year Treasury BD Reduce -2.7% 0.25% −0.02
MCD McDonald's Corp. Reduce -23.5% 0.03% −0.01
AGG iShares Core U.S. Aggregate Sold out 0.00% −0.01
METC Ramaco Resources Inc. Class A Sold out 0.00% −0.01
SHW The Sherwin-Williams Co. Reduce -11.2% 0.06% −0.01
FELC Fidelity Enh LRG Cap Cor ETF Sold out 0.00% −0.01
HBAN Huntington Bancshares Inc. Sold out 0.00% −0.01
PPLT Abrdn Physical Platinum SHRS Reduce -26.0% 0.32% −0.00
GTM Zoominfo Technologies Inc. Sold out 0.00% −0.00
AMARIN CORP PLC Sold out 0.00% −0.00
DOW Dow Inc. Reduce -60.8% 0.00% −0.00
EW Edwards Lifesciences Corp. Reduce -45.5% 0.00% −0.00
WBD Warner Bros Discovery Inc. Reduce -14.6% 0.01% −0.00
BA The Boeing Co. Sold out 0.00% 0.00
WMT Walmart Inc. Reduce -5.6% 0.09% +0.00
QQQ Invesco QQQ Trust Series 1 Reduce -0.1% 13.21% +1.88
VTI VG Morningstar TS MKT ETF-US Reduce -1.4% 36.21% +2.74

Portfolio Buys Q1 2025 → Q2 2025
NVDA Nvidia Corp. Add +16.4% 0.60% +0.25
IVV iShares Core S&P 500 ETF Add +11.0% 0.89% +0.16
ITA iShares U.S. Aerospace & Def Add +468.3% 0.14% +0.12
SPYM Ste STR SPDR PT S&P 500 ETF New 0.11% +0.11
JBL Jabil Inc. New 0.08% +0.08
MSFT Microsoft Corp. Add +6.6% 0.29% +0.08
SPY SS SPDR S&P 500 ETF Trust-US Add +41.0% 0.21% +0.07
PFM Invesco Dividend Achievers E New 0.07% +0.07
QQQM Invesco Nasdaq 100 ETF Add +522.3% 0.07% +0.06
BUFR FT Vest Lad Buffervetf-Usd I New 0.05% +0.05
PHO Invesco Water Resources ETF New 0.05% +0.05
AMZN Amazon.com Inc. Add +10.6% 0.20% +0.04
CVX Chevron Corp. Add +143.9% 0.07% +0.03
SPDW Ste STR SPDR PT DW Eu ETF New 0.03% +0.03
MDYG SS SPDR S&P 400 MC GR ETF New 0.03% +0.03
IVE iShares S&P 500 Value ETF Add +97.0% 0.06% +0.03
IVW iShares S&P 500 Growth ETF Add +80.3% 0.05% +0.03
FTSD Franklin Short Duration U.S. New 0.02% +0.02
BKNG Booking Holdings Inc. New 0.02% +0.02
JMUB JPMorgan Municipal ETF New 0.02% +0.02
FDLO Fidelity Low Volat Fact ETF New 0.02% +0.02
JMST JPM Ultra-Short Muni Income New 0.02% +0.02
IJH iShares Core S&P Midcap ETF Add +20.1% 0.08% +0.02
META Meta Platforms Inc. Class A Add +0.0% 0.02% +0.02
INDA iShares MSCI India ETF New 0.02% +0.02
GOOG Alphabet Inc. Class C New 0.02% +0.02
FHEQ Fidelity Hedged Equity ETF New 0.02% +0.02
MUNI PIMCO Intermediate Municipal New 0.02% +0.02
CLOA iShares Aaa Clo Act ETF-Usdi New 0.01% +0.01
AMGN Amgen Inc. Add +34.5% 0.09% +0.01
JPM JPMorgan Chase & Co. Add +2.1% 0.08% +0.01
EPOL iShares MSCI Poland ETF New 0.01% +0.01
T AT&T Inc. Add +19.9% 0.07% +0.01
TPB Turning Point Brands Inc. New 0.01% +0.01
FUTY Fidelity MSCI US Utilities New 0.01% +0.01
XMMO Invesco S&P Midcap Momentum New 0.01% +0.01
V Visa Inc. Class A Add +15.3% 0.08% +0.01
PANW Palo Alto Networks Inc. New 0.01% +0.01
FBTC Fidelity Wise Origin Bitcoin New 0.01% +0.01
MLPX Global X MLP & Energy Infras Add +1270.6% 0.01% +0.01
PPA Invesco Aerospace & Defense New 0.01% +0.01
PLTR Palantir Technologies Inc. Class A New 0.01% +0.01
AXP American Express Co. New 0.01% +0.01
FNCL Fidelity MSCI Financial Indx New 0.01% +0.01
IGIB iShares 5-10Y Inv Grade Corp. New 0.01% +0.01
MINO PIMCO Municipal Income Oppor New 0.01% +0.01
UL Unilever PLC New 0.01% +0.01
GD General Dynamics Corp. Add +60.0% 0.02% +0.01
ONEQ Fidelity Nasdaq Comp Indx New 0.01% +0.01
TKO Tko Group Holdings Inc. New 0.01% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 42$380.2MVTI, GLD, PDBC, PDBA, SLV
Q1 2026 38$381.4MVTI, GLD, PDBC, SLV, PDBA
Q4 2025 37$405.9MVTI, GLD, SLV, QQQ, PDBC
Q3 2025 36$306.0MVTI, GLD, PDBC, QQQ, SLV
Q2 2025 364$253.6MVTI, GLD, QQQ, PDBC, IAU
Q1 2025 207$251.7MVTI, GLD, PDBC, QQQ, IAU
Q4 2024 201$245.3MVTI, GLD, PDBC, QQQ, IAU
Q3 2024 139$193.6MGLD, VTI, QQQ, PDBC, IAU
Q2 2024 142$173.2MGLD, VTI, QQQ, PDBC, IAU
Q1 2024 126$175.9MGLD, VTI, EWJ, PDBC, IAU