Burton Enright Welch
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 17, 2026), Burton Enright Welch reported 136 stock positions worth $851.5 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 20.7% of the portfolio, followed by Avantis US Small Cap Value (AVUV, 7.4%) and Avantis Intl S/C Value ETF (AVDV, 6.7%). Compared with Q1 2026, it opened 7 new positions, sold out of 5, added to 59 and reduced 61. The biggest buy was Dimensional US Core Equity 2 (DFAC, shares +6%) and the biggest sale Avantis Intl S/C Value ETF (AVDV, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- WALNUT CREEK, CA
- CIK
- 0002105919
- Portfolio Value
- $851.5M (Q2 2026)
- SEC Filing
- 0002105919-26-000020 ↗ filed Jul 17, 2026
Holdings Value
Holdings 136 stocks · $851.5M
| DFAC Dimensional US Core Equity 2 | 20.72% | 3,976,632 | $176.4M | Add +6.2% |
| AVUV Avantis US Small Cap Value | 7.44% | 507,991 | $63.4M | Add +4.2% |
| AVDV Avantis Intl S/C Value ETF | 6.71% | 554,449 | $57.1M | Reduce -0.5% |
| BNDX Vanguard Total Intl Bond ETF | 6.68% | 1,174,634 | $56.9M | Add +15.0% |
| DUHP Dimensional US High Profi Et | 5.86% | 1,194,965 | $49.9M | Add +7.3% |
| DFIC Dimensional International Co. | 5.42% | 1,238,480 | $46.1M | Add +8.4% |
| DFEM Dimensional Emrg MRKT Core | 5.12% | 1,073,188 | $43.6M | Add +4.0% |
| AVUS Avantis U.S. Equity ETF | 3.99% | 265,570 | $34.0M | Add +0.0% |
| VCRB Vanguard Core Bond ETF | 3.36% | 370,543 | $28.6M | Add +26.6% |
| VTIP Vanguard Short-Term Tips | 2.49% | 422,683 | $21.2M | Add +15.2% |
| AVDE Avantis International Equity | 2.31% | 220,226 | $19.6M | Reduce -1.8% |
| DFAR Dimensional US Real Est ETF | 2.31% | 750,411 | $19.6M | Add +7.5% |
| AVEM Avantis Emerging Markets Eq | 1.94% | 171,345 | $16.5M | Reduce -6.9% |
| CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT | 1.81% | 445,713 | $15.4M | Add +27.9% |
| CVX Chevron Corp. | 1.54% | 79,217 | $13.1M | Reduce -1.8% |
| AAPL Apple Inc. | 1.15% | 33,722 | $9.8M | Add +2.7% |
| MCK McKesson Corp. | 1.04% | 11,745 | $8.9M | Reduce -2.6% |
| VGK Vanguard Ftse Europe ETF | 0.91% | 87,560 | $7.8M | Reduce -3.9% |
| NVDA Nvidia Corp. | 0.72% | 30,449 | $6.1M | Add +83.8% |
| LECO Lincoln Electric Holdings | 0.71% | 22,764 | $6.0M | No change |
| JQUA JPMorgan US Quality Factor | 0.68% | 80,157 | $5.8M | Reduce -0.9% |
| CGIE Cap Group Intl Equity filed as CAPITAL GROUP INTERNATIONAL | 0.62% | 142,416 | $5.2M | Reduce -3.8% |
| VBIL Vanguard 0-3M T-Bill ETF | 0.56% | 63,128 | $4.8M | Add +53.2% |
| DFAE Dimensional Emerging Core Eq | 0.54% | 114,926 | $4.6M | Reduce -1.2% |
| DFAT Dimensional US Target Value | 0.50% | 60,666 | $4.2M | Reduce -2.6% |
| DFAU Dimensional US Core Equity M | 0.48% | 79,505 | $4.1M | Reduce -7.7% |
| DCOR Dimensional US Core Eq 1 ETF | 0.46% | 47,278 | $3.9M | Reduce -4.7% |
| DFSV Dimensional US Small Cap Val | 0.41% | 89,295 | $3.5M | Add +0.0% |
| AVGO Broadcom Inc. | 0.40% | 8,923 | $3.4M | Add +1.1% |
| DFSU Dimensional US Sus CORE1 ETF | 0.37% | 67,495 | $3.1M | Reduce -4.0% |
| AMZN Amazon.com Inc. | 0.37% | 13,140 | $3.1M | Add +3.5% |
| DFGR Dim Global Real Estate ETF | 0.37% | 107,587 | $3.1M | Reduce -3.1% |
| MSFT Microsoft Corp. | 0.36% | 8,319 | $3.1M | Reduce -1.3% |
| VTES Vanguard SH Term Tax-Ex Bond | 0.36% | 30,543 | $3.1M | Add +50.0% |
| DISV Dimensional International SM | 0.36% | 76,398 | $3.1M | Reduce -0.5% |
| BAC Bank of America Corp. | 0.36% | 53,573 | $3.1M | Reduce -0.6% |
| VOO Vanguard S&P 500 ETF | 0.32% | 3,967 | $2.7M | Add +6.8% |
| GOOGL Alphabet Inc. Class A | 0.32% | 7,591 | $2.7M | Reduce -9.2% |
| VTEC Vanguard Ca Tax-Ex Bond | 0.31% | 26,470 | $2.7M | Add +33.5% |
| TSLA Tesla Inc. | 0.31% | 6,287 | $2.6M | Add +1.6% |
| CNOB Connectone Bancorp Inc. | 0.30% | 77,504 | $2.6M | Add +0.1% |
| DFAI Dimensional International Co. | 0.30% | 62,583 | $2.6M | Reduce -0.5% |
| GOOG Alphabet Inc. Class C | 0.29% | 6,995 | $2.5M | Add +1.9% |
| QUAL iShares MSCI USA Quality Fac | 0.28% | 11,028 | $2.4M | Add +0.1% |
| IVV iShares Core S&P 500 ETF | 0.28% | 3,223 | $2.4M | Reduce -0.4% |
| LLY Eli Lilly & Co. | 0.28% | 1,977 | $2.4M | Reduce -21.9% |
| IEUR iShares Core MSCI Europe ETF | 0.26% | 28,911 | $2.2M | Reduce -3.9% |
| INTC Intel Corp. | 0.24% | 14,349 | $2.0M | Add +1.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.22% | 2,498 | $1.9M | Add +27.5% |
| VCRM Vanguard Core Tax-Ex Bond | 0.21% | 23,346 | $1.8M | Add +9.1% |
| VPLS Vanguard Core-Plus Bond ETF | 0.21% | 22,661 | $1.8M | Add +23.5% |
| AVSU Avantis Resp US Equity ETF | 0.20% | 19,135 | $1.7M | Reduce -1.2% |
| VSDM Vanguard Short Tax-Ex Bond | 0.19% | 21,387 | $1.6M | Add +38.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.19% | 3,235 | $1.6M | Add +1.3% |
| CAT Caterpillar Inc. | 0.19% | 1,496 | $1.6M | Reduce -10.5% |
| CGMU Cap Group Municipal Income | 0.19% | 57,966 | $1.6M | Add +33.0% |
| VXF Vanguard Extended Market ETF | 0.18% | 6,360 | $1.6M | No change |
| VNQ Vanguard Real Estate ETF | 0.17% | 15,157 | $1.5M | Reduce -9.5% |
| META Meta Platforms Inc. Class A | 0.16% | 2,456 | $1.4M | Add +19.5% |
| COST Costco Wholesale Corp. | 0.16% | 1,444 | $1.4M | Reduce -6.5% |
| V Visa Inc. Class A | 0.15% | 3,797 | $1.3M | Reduce -8.2% |
| DFSE Dimensional Em Sus CORE1 ETF | 0.15% | 25,287 | $1.2M | Reduce -5.7% |
| AVSD Avantis Reps Intern Equi ETF | 0.14% | 15,190 | $1.2M | Reduce -0.0% |
| CGSM Cap Group Short Muni Income | 0.14% | 44,124 | $1.2M | Add +1.8% |
| VEA Vanguard Ftse Developed ETF | 0.14% | 16,179 | $1.2M | Reduce -1.6% |
| SCHB Schwab US Broad Market ETF | 0.12% | 35,105 | $1.0M | Reduce -0.1% |
| DFCA Dimensional Calfornia MB ETF | 0.12% | 19,841 | $996K | Add +8.2% |
| AVSE Avantis Resp Emerg MKTS Eq-E | 0.11% | 11,335 | $928K | Reduce -2.1% |
| JNJ Johnson & Johnson | 0.10% | 3,518 | $893K | Reduce -5.9% |
| JPM JPMorgan Chase & Co. | 0.10% | 2,713 | $888K | Reduce -21.2% |
| VXUS Vanguard Total Intl Stock | 0.10% | 10,239 | $875K | Reduce -0.4% |
| IWF iShares Russell 1000 Growth | 0.10% | 7,036 | $874K | Reduce -1.2% |
| WSM Williams-Sonoma Inc. | 0.10% | 3,612 | $842K | Reduce -5.3% |
| CDNS Cadence Design SYS Inc. | 0.10% | 2,225 | $835K | Reduce -12.6% |
| IJH iShares Core S&P Midcap ETF | 0.08% | 9,345 | $721K | Reduce -19.2% |
| CSCO Cisco Systems Inc. | 0.08% | 6,123 | $719K | Add +0.2% |
| HD Home Depot Inc. | 0.08% | 2,004 | $707K | Reduce -10.1% |
| EXPD Expeditors Intl Wash Inc. | 0.08% | 4,211 | $686K | Add +0.1% |
| IWD iShares Russell 1000 Value E | 0.08% | 2,801 | $679K | Reduce -1.6% |
| VGUS Vanguard Ultra SHRT Treasury | 0.08% | 8,945 | $677K | Add +18.3% |
| ORCL Oracle Corp. | 0.08% | 4,596 | $674K | Add +0.8% |
| FTNT Fortinet Inc. | 0.08% | 4,264 | $655K | Add +35.9% |
| CGIC Cap Group Intl Core Eq filed as CAPITAL GROUP INTERNATIONAL | 0.07% | 17,431 | $634K | No change |
| WFC Wells Fargo & Co. | 0.07% | 7,601 | $628K | Add +8.6% |
| ADP Automatic Data Processing | 0.07% | 2,755 | $617K | Reduce -0.0% |
| AMD Advanced Micro Devices | 0.07% | 986 | $573K | New |
| VTI VG Morningstar TS MKT ETF-US | 0.07% | 1,531 | $566K | Add +14.1% |
| BND Vanguard Total Bond Market | 0.06% | 7,530 | $553K | Reduce -15.9% |
| VWO Vanguard Ftse Emerging Marke | 0.06% | 9,232 | $551K | Reduce -4.4% |
| GE General Electric filed as GE AEROSPACE | 0.06% | 1,471 | $550K | Add +6.4% |
| AMAT Applied Materials Inc. | 0.06% | 759 | $549K | Reduce -30.2% |
| SYK Stryker Corp. | 0.06% | 1,734 | $546K | Add +1.4% |
| DFSI Dimensional Int Sus COR1 ETF | 0.06% | 11,816 | $533K | Add +0.0% |
| DFNM Dimensional National Muni BD | 0.06% | 10,525 | $509K | Add +3.4% |
| VT Vanguard Tot World STK ETF | 0.06% | 3,189 | $501K | Add +2.7% |
| XOM Exxon Mobil Corp. | 0.06% | 3,636 | $497K | Reduce -12.4% |
| VOOG Vanguard S&P 500 Growth ETF | 0.06% | 5,891 | $487K | Add +1.6% |
| SCHX Schwab US Large-Cap ETF | 0.05% | 15,684 | $462K | No change |
| GEV GE Vernova Inc. | 0.05% | 392 | $461K | Add +13.3% |
| PG The Procter & Gamble Co. | 0.05% | 3,035 | $445K | Reduce -6.9% |
Portfolio Sells Q1 2026 → Q2 2026
| AVDV Avantis Intl S/C Value ETF | Reduce -0.5% | 6.71% | −0.86 |
| CVX Chevron Corp. | Reduce -1.8% | 1.54% | −0.73 |
| MCK McKesson Corp. | Reduce -2.6% | 1.04% | −0.38 |
| AVDE Avantis International Equity | Reduce -1.8% | 2.31% | −0.28 |
| VGK Vanguard Ftse Europe ETF | Reduce -3.9% | 0.91% | −0.11 |
| AVEM Avantis Emerging Markets Eq | Reduce -6.9% | 1.94% | −0.07 |
| CGIE Cap Group Intl Equity | Reduce -3.8% | 0.62% | −0.07 |
| MSFT Microsoft Corp. | Reduce -1.3% | 0.36% | −0.06 |
| DISV Dimensional International SM | Reduce -0.5% | 0.36% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -6.5% | 0.16% | −0.05 |
| DFAU Dimensional US Core Equity M | Reduce -7.7% | 0.48% | −0.05 |
| VUG Vanguard Mrngstar GR ETF-Sui | Sold out | 0.00% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -21.9% | 0.28% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -12.4% | 0.06% | −0.04 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.04 |
| DFGR Dim Global Real Estate ETF | Reduce -3.1% | 0.37% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -21.2% | 0.10% | −0.03 |
| IEUR iShares Core MSCI Europe ETF | Reduce -3.9% | 0.26% | −0.03 |
| DFAT Dimensional US Target Value | Reduce -2.6% | 0.50% | −0.03 |
| DCOR Dimensional US Core Eq 1 ETF | Reduce -4.7% | 0.46% | −0.03 |
| VNQ Vanguard Real Estate ETF | Reduce -9.5% | 0.17% | −0.03 |
| WMT Walmart Inc. | Reduce -19.6% | 0.05% | −0.03 |
| DFAI Dimensional International Co. | Reduce -0.5% | 0.30% | −0.03 |
| C Citigroup Inc. | Sold out | 0.00% | −0.03 |
| TT Trane Technologies PLC | Sold out | 0.00% | −0.03 |
| BND Vanguard Total Bond Market | Reduce -15.9% | 0.06% | −0.02 |
| DFSU Dimensional US Sus CORE1 ETF | Reduce -4.0% | 0.37% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -19.2% | 0.08% | −0.02 |
| PEP Pepsico Inc. | Reduce -5.5% | 0.05% | −0.02 |
| T AT&T Inc. | Reduce -7.1% | 0.03% | −0.02 |
| JNJ Johnson & Johnson | Reduce -5.9% | 0.10% | −0.02 |
| V Visa Inc. Class A | Reduce -8.2% | 0.15% | −0.02 |
| HD Home Depot Inc. | Reduce -10.1% | 0.08% | −0.02 |
| ISRG Intuitive Surgical Inc. | Reduce -8.8% | 0.04% | −0.02 |
| MCD McDonald's Corp. | Reduce -3.9% | 0.04% | −0.02 |
| AXP American Express Co. | Reduce -17.1% | 0.05% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -6.9% | 0.05% | −0.01 |
| GS Goldman Sachs Group Inc. | Reduce -25.1% | 0.03% | −0.01 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -3.1% | 0.05% | −0.01 |
| AVSD Avantis Reps Intern Equi ETF | Reduce -0.0% | 0.14% | −0.01 |
| DFSE Dimensional Em Sus CORE1 ETF | Reduce -5.7% | 0.15% | −0.01 |
| DIS The Walt Disney Co. | Reduce -2.8% | 0.05% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -18.4% | 0.03% | −0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -9.2% | 0.32% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -1.6% | 0.14% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -4.4% | 0.06% | −0.01 |
| VXUS Vanguard Total Intl Stock | Reduce -0.4% | 0.10% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -0.4% | 0.28% | −0.00 |
| ADP Automatic Data Processing | Reduce -0.0% | 0.07% | −0.00 |
| ABBV Abbvie Inc. | Reduce -6.6% | 0.04% | −0.00 |
Portfolio Buys Q1 2026 → Q2 2026
| DFAC Dimensional US Core Equity 2 | Add +6.2% | 20.72% | +0.94 |
| CGXU Cap Group Intl Focus | Add +27.9% | 1.81% | +0.42 |
| NVDA Nvidia Corp. | Add +83.8% | 0.72% | +0.32 |
| DUHP Dimensional US High Profi Et | Add +7.3% | 5.86% | +0.29 |
| VCRB Vanguard Core Bond ETF | Add +26.6% | 3.36% | +0.28 |
| DFEM Dimensional Emrg MRKT Core | Add +4.0% | 5.12% | +0.28 |
| INTC Intel Corp. | Add +1.6% | 0.24% | +0.15 |
| VBIL Vanguard 0-3M T-Bill ETF | Add +53.2% | 0.56% | +0.14 |
| AVUV Avantis US Small Cap Value | Add +4.2% | 7.44% | +0.12 |
| VTES Vanguard SH Term Tax-Ex Bond | Add +50.0% | 0.36% | +0.08 |
| AMD Advanced Micro Devices | New | 0.07% | +0.07 |
| DFAR Dimensional US Real Est ETF | Add +7.5% | 2.31% | +0.06 |
| VGSH Vanguard Short-Term Treasury | New | 0.05% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +27.5% | 0.22% | +0.05 |
| VTEC Vanguard Ca Tax-Ex Bond | Add +33.5% | 0.31% | +0.05 |
| MU Micron Technology Inc. | New | 0.05% | +0.05 |
| FTNT Fortinet Inc. | Add +35.9% | 0.08% | +0.04 |
| IVZ Invesco Ltd. | New | 0.04% | +0.04 |
| VSDB Vanguard Short Dur Bond ETF | New | 0.03% | +0.03 |
| VSDM Vanguard Short Tax-Ex Bond | Add +38.0% | 0.19% | +0.03 |
| MS Morgan Stanley | New | 0.03% | +0.03 |
| CGMU Cap Group Municipal Income | Add +33.0% | 0.19% | +0.03 |
| AVGO Broadcom Inc. | Add +1.1% | 0.40% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.02% | +0.02 |
| CNOB Connectone Bancorp Inc. | Add +0.1% | 0.30% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +1.9% | 0.29% | +0.02 |
| CSCO Cisco Systems Inc. | Add +0.2% | 0.08% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +6.8% | 0.32% | +0.02 |
| GEV GE Vernova Inc. | Add +13.3% | 0.05% | +0.01 |
| AAPL Apple Inc. | Add +2.7% | 1.15% | +0.01 |
| VPLS Vanguard Core-Plus Bond ETF | Add +23.5% | 0.21% | +0.01 |
| TXN Texas Instruments Inc. | Add +6.1% | 0.04% | +0.01 |
| GE General Electric | Add +6.4% | 0.06% | +0.01 |
| BNDX Vanguard Total Intl Bond ETF | Add +15.0% | 6.68% | +0.01 |
| AMZN Amazon.com Inc. | Add +3.5% | 0.37% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +14.1% | 0.07% | +0.01 |
| IBM Intl Business Machines Corp. | Add +16.2% | 0.04% | +0.01 |
| VOOG Vanguard S&P 500 Growth ETF | Add +1.6% | 0.06% | +0.00 |
| META Meta Platforms Inc. Class A | Add +19.5% | 0.16% | +0.00 |
| VGUS Vanguard Ultra SHRT Treasury | Add +18.3% | 0.08% | +0.00 |
| VTIP Vanguard Short-Term Tips | Add +15.2% | 2.49% | +0.00 |
| VT Vanguard Tot World STK ETF | Add +2.7% | 0.06% | +0.00 |
| BA The Boeing Co. | Add +6.1% | 0.05% | −0.00 |
| BLK BlackRock Inc. | Add +12.9% | 0.03% | −0.00 |
| EXPD Expeditors Intl Wash Inc. | Add +0.1% | 0.08% | −0.00 |
| WFC Wells Fargo & Co. | Add +8.6% | 0.07% | −0.00 |
| TSLA Tesla Inc. | Add +1.6% | 0.31% | −0.00 |
| GLD SPDR Gold Shares | Add +23.4% | 0.03% | −0.00 |
| EVRG Evergy Inc. | Add +0.7% | 0.03% | −0.00 |
| QUAL iShares MSCI USA Quality Fac | Add +0.1% | 0.28% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 136 | $851.5M | DFAC, AVUV, AVDV, BNDX, DUHP |
| Q1 2026 | 134 | $735.5M | DFAC, AVDV, AVUV, BNDX, DUHP |
| Q4 2025 | 128 | $710.5M | DFAC, AVDV, AVUV, BNDX, DUHP |
| Q3 2025 | 130 | $662.4M | DFAC, AVDV, AVUV, BNDX, DUHP |
| Q2 2025 | 123 | $576.7M | DFAC, AVDV, AVUV, DUHP, DFIC |
| Q1 2025 | 104 | $491.8M | DFAC, AVDV, AVUV, DUHP, DFEM |
| Q4 2024 | 98 | $476.2M | DFAC, AVUV, AVDV, DUHP, DFEM |
| Q3 2024 | 93 | $466.2M | DFAC, AVUV, AVDV, DUHP, DFEM |
| Q2 2024 | 92 | $433.8M | DFAC, AVUV, AVDV, DUHP, DFEM |
| Q1 2024 | 89 | $415.7M | DFAC, AVUV, AVDV, DUHP, DFEM |