Broadview Financial Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Broadview Financial Management, LLC reported 41 stock positions worth $148.3 million. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 15.8% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 10.7%) and Vanguard Total Bond Market (BND, 7.5%). Compared with Q2 2025, it opened 1 new position, added to 7 and reduced 32. The biggest buy was a new position in Schwab US Small-Cap ETF (SCHA) and the biggest sale iShares National Muni Bond E (MUB, shares −77%).
- Most Recent 13F
- Q2 2026
- Location
- WAUWATOSA, WI
- CIK
- 0001697024
- Portfolio Value
- $148.3M (Q3 2025)
- SEC Filing
- 0001697024-25-000006 ↗ filed Nov 6, 2025
Holdings Value
Holdings 41 stocks · $148.3M
| IEFA iShares Core MSCI Eafe ETF | 15.76% | 267,727 | $23.4M | Reduce -4.1% |
| IVV iShares Core S&P 500 ETF | 10.74% | 23,800 | $15.9M | Reduce -5.5% |
| BND Vanguard Total Bond Market | 7.54% | 150,324 | $11.2M | Reduce -1.3% |
| IVE iShares S&P 500 Value ETF | 7.33% | 52,646 | $10.9M | Reduce -4.6% |
| IVW iShares S&P 500 Growth ETF | 7.25% | 89,008 | $10.7M | Reduce -6.2% |
| IJK iShares S&P Mid-Cap 400 Grow | 6.08% | 93,953 | $9.0M | Reduce -3.9% |
| IEMG iShares Core MSCI Emerging | 6.05% | 136,123 | $9.0M | Reduce -8.1% |
| VEA Vanguard Ftse Developed ETF | 4.13% | 102,149 | $6.1M | Reduce -11.2% |
| IJJ iShares S&P Mid-Cap 400 Valu | 3.87% | 44,270 | $5.7M | Reduce -4.0% |
| IWD iShares Russell 1000 Value E | 3.24% | 23,603 | $4.8M | Reduce -4.3% |
| SCHG Schwab US Large-Cap Growth | 2.44% | 113,205 | $3.6M | Reduce -2.6% |
| SCHX Schwab US Large-Cap ETF | 2.25% | 126,880 | $3.3M | Reduce -2.7% |
| IJS iShares S&P Small-Cap 600 Va | 2.24% | 30,028 | $3.3M | Reduce -3.8% |
| IJT iShares S&P Small-Cap 600 GR | 1.87% | 19,581 | $2.8M | Reduce -6.5% |
| VNQ Vanguard Real Estate ETF | 1.77% | 28,740 | $2.6M | Reduce -5.0% |
| SCHV Schwab US Large-Cap Value | 1.77% | 90,218 | $2.6M | Reduce -4.0% |
| IWB iShares Russell 1000 ETF | 1.58% | 6,395 | $2.3M | Reduce -0.4% |
| IJH iShares Core S&P Midcap ETF | 1.57% | 35,665 | $2.3M | Reduce -0.1% |
| IWF iShares Russell 1000 Growth | 1.36% | 4,292 | $2.0M | Reduce -0.6% |
| IYR iShares US Real Estate ETF | 1.23% | 18,788 | $1.8M | Add +0.9% |
| IWS iShares Russell Mid-Cap Valu | 0.98% | 10,451 | $1.5M | Reduce -2.4% |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.98% | 15,920 | $1.5M | Reduce -2.0% |
| IJR iShares Core S&P Small-Cap E | 0.79% | 9,861 | $1.2M | Reduce -1.7% |
| FELC Fidelity Enh LRG Cap Cor ETF | 0.78% | 31,212 | $1.2M | Reduce -0.6% |
| IXUS iShares Core Intl Stock ETF | 0.66% | 11,784 | $973K | Reduce -2.1% |
| IWM iShares Russell 2000 ETF | 0.65% | 3,993 | $966K | Reduce -6.4% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.65% | 28,795 | $961K | Reduce -7.3% |
| VOO Vanguard S&P 500 ETF | 0.56% | 1,366 | $836K | Add +0.3% |
| SPEM State Street SP PTF Em ETF | 0.50% | 15,934 | $746K | Reduce -1.0% |
| SCHF Schwab Intl Equity ETF | 0.49% | 31,156 | $725K | No change |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.48% | 8,595 | $717K | Add +0.2% |
| MDY State Street SPDR S&P Midcap | 0.40% | 992 | $591K | Reduce -4.0% |
| IWN iShares Russell 2000 Value E | 0.35% | 2,976 | $526K | Add +0.5% |
| IWR iShares Russell Mid-Cap ETF | 0.30% | 4,629 | $447K | Reduce -0.9% |
| MUB iShares National Muni Bond E | 0.28% | 3,917 | $417K | Reduce -77.4% |
| SCHB Schwab US Broad Market ETF | 0.27% | 15,320 | $394K | Add +0.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.18% | 444 | $266K | Add +0.2% |
| VXF Vanguard Extended Market ETF | 0.17% | 1,193 | $250K | Add +0.3% |
| JNK SS SPDR BB High Yield Bond | 0.17% | 2,512 | $246K | Reduce -12.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.15% | 331 | $220K | Reduce -0.9% |
| SCHA Schwab US Small-Cap ETF | 0.14% | 7,237 | $202K | New |
Portfolio Sells Q2 2025 → Q3 2025
| MUB iShares National Muni Bond E | Reduce -77.4% | 0.28% | −0.95 |
| VEA Vanguard Ftse Developed ETF | Reduce -11.2% | 4.13% | −0.33 |
| BND Vanguard Total Bond Market | Reduce -1.3% | 7.54% | −0.08 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -4.1% | 15.76% | −0.07 |
| VNQ Vanguard Real Estate ETF | Reduce -5.0% | 1.77% | −0.06 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -6.5% | 1.87% | −0.02 |
| JNK SS SPDR BB High Yield Bond | Reduce -12.0% | 0.17% | −0.02 |
| IWD iShares Russell 1000 Value E | Reduce -4.3% | 3.24% | −0.01 |
| MDY State Street SPDR S&P Midcap | Reduce -4.0% | 0.40% | +0.00 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -4.0% | 3.87% | +0.00 |
| SCHV Schwab US Large-Cap Value | Reduce -4.0% | 1.77% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.9% | 0.15% | +0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -4.6% | 7.33% | +0.01 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.9% | 0.30% | +0.01 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -7.3% | 0.65% | +0.01 |
| IEMG iShares Core MSCI Emerging | Reduce -8.1% | 6.05% | +0.01 |
| IWS iShares Russell Mid-Cap Valu | Reduce -2.4% | 0.98% | +0.02 |
| IXUS iShares Core Intl Stock ETF | Reduce -2.1% | 0.66% | +0.02 |
| MDYG SS SPDR S&P 400 MC GR ETF | Reduce -2.0% | 0.98% | +0.02 |
| IWM iShares Russell 2000 ETF | Reduce -6.4% | 0.65% | +0.03 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -3.9% | 6.08% | +0.04 |
| SPEM State Street SP PTF Em ETF | Reduce -1.0% | 0.50% | +0.04 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.7% | 0.79% | +0.05 |
| FELC Fidelity Enh LRG Cap Cor ETF | Reduce -0.6% | 0.78% | +0.05 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.1% | 1.57% | +0.07 |
| SCHX Schwab US Large-Cap ETF | Reduce -2.7% | 2.25% | +0.09 |
| IWB iShares Russell 1000 ETF | Reduce -0.4% | 1.58% | +0.10 |
| IWF iShares Russell 1000 Growth | Reduce -0.6% | 1.36% | +0.11 |
| IVV iShares Core S&P 500 ETF | Reduce -5.5% | 10.74% | +0.12 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -3.8% | 2.24% | +0.13 |
| SCHG Schwab US Large-Cap Growth | Reduce -2.6% | 2.44% | +0.13 |
| IVW iShares S&P 500 Growth ETF | Reduce -6.2% | 7.25% | +0.15 |
Portfolio Buys Q2 2025 → Q3 2025
| SCHA Schwab US Small-Cap ETF | New | 0.14% | +0.14 |
| VOO Vanguard S&P 500 ETF | Add +0.3% | 0.56% | +0.04 |
| IWN iShares Russell 2000 Value E | Add +0.5% | 0.35% | +0.04 |
| IYR iShares US Real Estate ETF | Add +0.9% | 1.23% | +0.03 |
| MDYV SS SPDR S&P 400 MC Val ETF | Add +0.2% | 0.48% | +0.02 |
| SCHB Schwab US Broad Market ETF | Add +0.3% | 0.27% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.2% | 0.18% | +0.01 |
| VXF Vanguard Extended Market ETF | Add +0.3% | 0.17% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 43 | $163.8M | IEFA, IVV, IVW, IVE, BND |
| Q1 2026 | 40 | $146.4M | IEFA, IVV, BND, IVE, IVW |
| Q4 2025 | 41 | $149.4M | IEFA, IVV, BND, IVE, IVW |
| Q3 2025 | 41 | $148.3M | IEFA, IVV, BND, IVE, IVW |
| Q2 2025 | 40 | $147.2M | IEFA, IVV, BND, IVE, IVW |
| Q1 2025 | 39 | $134.0M | IEFA, IVV, BND, IVE, IVW |
| Q4 2024 | 41 | $139.8M | IEFA, IVV, IVE, IVW, BND |
| Q3 2024 | 42 | $147.7M | IEFA, IVV, IVE, BND, IVW |
| Q2 2024 | 40 | $137.3M | IEFA, IVV, IVE, BND, IVW |
| Q1 2024 | 40 | $137.3M | IEFA, IVV, IVE, BND, IJK |