Burton Enright Welch
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 4, 2026), Burton Enright Welch reported 134 stock positions worth $735.5 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 19.8% of the portfolio, followed by Avantis Intl S/C Value ETF (AVDV, 7.6%) and Avantis US Small Cap Value (AVUV, 7.3%). Compared with Q4 2025, it opened 11 new positions, sold out of 5, added to 63 and reduced 49. The biggest buy was Avantis US Small Cap Value (AVUV, shares +3%) and the biggest sale Apple (AAPL, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- WALNUT CREEK, CA
- CIK
- 0002105919
- Portfolio Value
- $735.5M (Q1 2026)
- SEC Filing
- 0002105919-26-000019 ↗ filed May 4, 2026
Holdings Value
Holdings 134 stocks · $735.5M
| DFAC Dimensional US Core Equity 2 | 19.78% | 3,744,102 | $145.5M | Add +1.8% |
| AVDV Avantis Intl S/C Value ETF | 7.57% | 557,390 | $55.7M | Reduce -1.8% |
| AVUV Avantis US Small Cap Value | 7.32% | 487,601 | $53.9M | Add +3.1% |
| BNDX Vanguard Total Intl Bond ETF | 6.67% | 1,021,367 | $49.1M | Add +7.0% |
| DUHP Dimensional US High Profi Et | 5.56% | 1,113,413 | $40.9M | Add +3.2% |
| DFIC Dimensional International Co. | 5.52% | 1,142,023 | $40.6M | Add +2.7% |
| DFEM Dimensional Emrg MRKT Core | 4.85% | 1,031,628 | $35.6M | Reduce -0.2% |
| AVUS Avantis U.S. Equity ETF | 4.01% | 265,535 | $29.5M | Add +5.8% |
| VCRB Vanguard Core Bond ETF | 3.08% | 292,700 | $22.6M | Add +10.5% |
| AVDE Avantis International Equity | 2.59% | 224,161 | $19.0M | Reduce -1.0% |
| VTIP Vanguard Short-Term Tips | 2.49% | 366,971 | $18.3M | Add +6.2% |
| CVX Chevron Corp. | 2.27% | 80,636 | $16.7M | Reduce -2.5% |
| DFAR Dimensional US Real Est ETF | 2.24% | 698,117 | $16.5M | Add +3.4% |
| AVEM Avantis Emerging Markets Eq | 2.02% | 183,982 | $14.8M | Reduce -4.1% |
| MCK McKesson Corp. | 1.42% | 12,057 | $10.4M | Reduce -0.8% |
| CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT | 1.40% | 348,445 | $10.3M | Add +3.1% |
| AAPL Apple Inc. | 1.13% | 32,837 | $8.3M | Reduce -6.4% |
| VGK Vanguard Ftse Europe ETF | 1.02% | 91,064 | $7.5M | Reduce -2.2% |
| LECO Lincoln Electric Holdings | 0.77% | 22,764 | $5.7M | Add +9.6% |
| CGIE Cap Group Intl Equity filed as CAPITAL GROUP INTERNATIONAL | 0.68% | 148,025 | $5.0M | Add +6.4% |
| JQUA JPMorgan US Quality Factor | 0.67% | 80,898 | $5.0M | Add +15.2% |
| DFAE Dimensional Emerging Core Eq | 0.54% | 116,328 | $3.9M | Add +1.5% |
| DFAT Dimensional US Target Value | 0.53% | 62,318 | $3.9M | Add +0.1% |
| DFAU Dimensional US Core Equity M | 0.53% | 86,168 | $3.9M | Add +1.4% |
| DCOR Dimensional US Core Eq 1 ETF | 0.49% | 49,622 | $3.6M | Add +10.0% |
| DFSV Dimensional US Small Cap Val | 0.43% | 89,257 | $3.1M | Add +3.0% |
| MSFT Microsoft Corp. | 0.42% | 8,429 | $3.1M | Add +2.7% |
| VBIL Vanguard 0-3M T-Bill ETF | 0.42% | 41,208 | $3.1M | Reduce -11.9% |
| DISV Dimensional International SM | 0.41% | 76,760 | $3.0M | Add +5.3% |
| DFGR Dim Global Real Estate ETF | 0.40% | 110,996 | $3.0M | Reduce -0.3% |
| NVDA Nvidia Corp. | 0.39% | 16,568 | $2.9M | Reduce -1.6% |
| DFSU Dimensional US Sus CORE1 ETF | 0.39% | 70,277 | $2.9M | Add +17.7% |
| AVGO Broadcom Inc. | 0.37% | 8,830 | $2.7M | Reduce -21.1% |
| AMZN Amazon.com Inc. | 0.36% | 12,693 | $2.6M | Add +4.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.36% | 53,920 | $2.6M | Reduce -6.0% |
| DFAI Dimensional International Co. | 0.33% | 62,871 | $2.4M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 0.33% | 8,356 | $2.4M | Add +9.0% |
| LLY Eli Lilly & Co. | 0.32% | 2,531 | $2.3M | Reduce -3.2% |
| TSLA Tesla Inc. | 0.31% | 6,189 | $2.3M | Reduce -17.6% |
| VOO Vanguard S&P 500 ETF | 0.30% | 3,716 | $2.2M | Reduce -0.4% |
| IEUR iShares Core MSCI Europe ETF | 0.29% | 30,097 | $2.1M | Reduce -2.5% |
| IVV iShares Core S&P 500 ETF | 0.29% | 3,235 | $2.1M | Reduce -2.2% |
| QUAL iShares MSCI USA Quality Fac | 0.29% | 11,012 | $2.1M | Add +12.8% |
| CNOB Connectone Bancorp Inc. | 0.28% | 77,425 | $2.1M | Reduce -2.8% |
| VTES Vanguard SH Term Tax-Ex Bond | 0.28% | 20,357 | $2.1M | Reduce -21.7% |
| GOOG Alphabet Inc. Class C | 0.27% | 6,868 | $2.0M | Reduce -8.0% |
| VTEC Vanguard Ca Tax-Ex Bond | 0.27% | 19,834 | $2.0M | Add +18.6% |
| VCRM Vanguard Core Tax-Ex Bond | 0.22% | 21,396 | $1.6M | Add +13.8% |
| COST Costco Wholesale Corp. | 0.21% | 1,544 | $1.5M | Add +8.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.21% | 3,193 | $1.5M | Add +1.0% |
| VNQ Vanguard Real Estate ETF | 0.20% | 16,742 | $1.5M | Reduce -3.5% |
| AVSU Avantis Resp US Equity ETF | 0.19% | 19,366 | $1.4M | Add +3.8% |
| VPLS Vanguard Core-Plus Bond ETF | 0.19% | 18,349 | $1.4M | Add +93.1% |
| VXF Vanguard Extended Market ETF | 0.18% | 6,360 | $1.3M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.17% | 1,959 | $1.3M | Reduce -5.0% |
| V Visa Inc. Class A | 0.17% | 4,136 | $1.3M | Add +6.3% |
| CAT Caterpillar Inc. | 0.16% | 1,672 | $1.2M | Add +1.9% |
| CGMU Cap Group Municipal Income | 0.16% | 43,589 | $1.2M | Add +44.1% |
| VSDM Vanguard Short Tax-Ex Bond | 0.16% | 15,495 | $1.2M | Add +5.4% |
| META Meta Platforms Inc. Class A | 0.16% | 2,056 | $1.2M | Reduce -1.9% |
| CGSM Cap Group Short Muni Income | 0.15% | 43,343 | $1.1M | Add +1.8% |
| DFSE Dimensional Em Sus CORE1 ETF | 0.15% | 26,810 | $1.1M | No change |
| AVSD Avantis Reps Intern Equi ETF | 0.15% | 15,195 | $1.1M | Add +143.2% |
| VEA Vanguard Ftse Developed ETF | 0.14% | 16,442 | $1.1M | Reduce -2.4% |
| JPM JPMorgan Chase & Co. | 0.14% | 3,444 | $1.0M | Add +13.6% |
| DFCA Dimensional Calfornia MB ETF | 0.12% | 18,345 | $914K | Add +0.8% |
| JNJ Johnson & Johnson | 0.12% | 3,737 | $913K | Reduce -8.0% |
| SCHB Schwab US Broad Market ETF | 0.12% | 35,136 | $882K | Reduce -1.2% |
| VXUS Vanguard Total Intl Stock | 0.11% | 10,282 | $793K | Add +0.5% |
| IJH iShares Core S&P Midcap ETF | 0.11% | 11,561 | $781K | Add +23.9% |
| AVSE Avantis Resp Emerg MKTS Eq-E | 0.10% | 11,581 | $771K | Add +96.3% |
| IWF iShares Russell 1000 Growth | 0.10% | 1,781 | $759K | Add +2.5% |
| HD Home Depot Inc. | 0.10% | 2,229 | $733K | Add +12.7% |
| CDNS Cadence Design SYS Inc. | 0.10% | 2,546 | $707K | Add +0.2% |
| XOM Exxon Mobil Corp. | 0.10% | 4,153 | $705K | Add +16.5% |
| WSM Williams-Sonoma Inc. | 0.09% | 3,813 | $695K | Reduce -5.8% |
| ORCL Oracle Corp. | 0.09% | 4,559 | $671K | Reduce -2.1% |
| BND Vanguard Total Bond Market | 0.09% | 8,951 | $659K | Add +10.4% |
| INTC Intel Corp. | 0.08% | 14,124 | $623K | Reduce -4.1% |
| IWD iShares Russell 1000 Value E | 0.08% | 2,848 | $609K | Add +1.7% |
| EXPD Expeditors Intl Wash Inc. | 0.08% | 4,208 | $603K | Reduce -2.3% |
| WMT Walmart Inc. | 0.08% | 4,836 | $601K | Add +11.6% |
| CGIC Cap Group Intl Core Eq filed as CAPITAL GROUP INTERNATIONAL | 0.08% | 17,431 | $577K | New |
| VGUS Vanguard Ultra SHRT Treasury | 0.08% | 7,561 | $572K | Add +0.5% |
| SYK Stryker Corp. | 0.08% | 1,710 | $562K | Reduce -0.9% |
| ADP Automatic Data Processing | 0.08% | 2,756 | $560K | Reduce -1.4% |
| WFC Wells Fargo & Co. | 0.08% | 6,997 | $557K | Reduce -2.6% |
| VWO Vanguard Ftse Emerging Marke | 0.07% | 9,660 | $522K | Add +0.2% |
| PEP Pepsico Inc. | 0.07% | 3,295 | $512K | Reduce -7.2% |
| DFSI Dimensional Int Sus COR1 ETF | 0.07% | 11,814 | $501K | No change |
| PHYS Sprott Physical Gold Trust | 0.07% | 14,071 | $499K | No change |
| DFNM Dimensional National Muni BD | 0.07% | 10,176 | $488K | Reduce -4.6% |
| CSCO Cisco Systems Inc. | 0.06% | 6,112 | $474K | Reduce -5.2% |
| PG The Procter & Gamble Co. | 0.06% | 3,261 | $471K | Add +6.3% |
| AXP American Express Co. | 0.06% | 1,521 | $460K | Add +13.7% |
| VUSB Vanguard Ultra Short Bond Et | 0.06% | 8,747 | $435K | Add +1.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.06% | 1,342 | $431K | No change |
| VT Vanguard Tot World STK ETF | 0.06% | 3,104 | $429K | Add +1.5% |
| MCD McDonald's Corp. | 0.06% | 1,368 | $425K | Add +0.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.06% | 4,206 | $405K | Add +0.8% |
Portfolio Sells Q4 2025 → Q1 2026
| AAPL Apple Inc. | Reduce -6.4% | 1.13% | −0.21 |
| AVGO Broadcom Inc. | Reduce -21.1% | 0.37% | −0.17 |
| TSLA Tesla Inc. | Reduce -17.6% | 0.31% | −0.16 |
| VTES Vanguard SH Term Tax-Ex Bond | Reduce -21.7% | 0.28% | −0.09 |
| BAC Bank of America Corp. | Reduce -6.0% | 0.36% | −0.09 |
| LLY Eli Lilly & Co. | Reduce -3.2% | 0.32% | −0.08 |
| VGK Vanguard Ftse Europe ETF | Reduce -2.2% | 1.02% | −0.08 |
| VBIL Vanguard 0-3M T-Bill ETF | Reduce -11.9% | 0.42% | −0.07 |
| AVEM Avantis Emerging Markets Eq | Reduce -4.1% | 2.02% | −0.06 |
| GOOG Alphabet Inc. Class C | Reduce -8.0% | 0.27% | −0.06 |
| NVDA Nvidia Corp. | Reduce -1.6% | 0.39% | −0.05 |
| AVDE Avantis International Equity | Reduce -1.0% | 2.59% | −0.04 |
| ORCL Oracle Corp. | Reduce -2.1% | 0.09% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -1.9% | 0.16% | −0.03 |
| DOCU Docusign Inc. | Sold out | 0.00% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -2.2% | 0.29% | −0.03 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −0.03 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.03 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.03 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.03 |
| VOO Vanguard S&P 500 ETF | Reduce -0.4% | 0.30% | −0.03 |
| ADP Automatic Data Processing | Reduce -1.4% | 0.08% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.0% | 0.17% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -22.6% | 0.03% | −0.02 |
| IEUR iShares Core MSCI Europe ETF | Reduce -2.5% | 0.29% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -2.6% | 0.08% | −0.02 |
| GE General Electric | Reduce -15.1% | 0.05% | −0.02 |
| VNQ Vanguard Real Estate ETF | Reduce -3.5% | 0.20% | −0.01 |
| DFGR Dim Global Real Estate ETF | Reduce -0.3% | 0.40% | −0.01 |
| CNOB Connectone Bancorp Inc. | Reduce -2.8% | 0.28% | −0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -1.2% | 0.12% | −0.01 |
| ABBV Abbvie Inc. | Reduce -11.8% | 0.05% | −0.01 |
| SYK Stryker Corp. | Reduce -0.9% | 0.08% | −0.01 |
| EXPD Expeditors Intl Wash Inc. | Reduce -2.3% | 0.08% | −0.01 |
| BA The Boeing Co. | Reduce -3.5% | 0.05% | −0.01 |
| WSM Williams-Sonoma Inc. | Reduce -5.8% | 0.09% | −0.01 |
| VGT Vanguard Info Tech ETF | Reduce -8.8% | 0.03% | −0.01 |
| DFNM Dimensional National Muni BD | Reduce -4.6% | 0.07% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -5.2% | 0.06% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -1.0% | 0.05% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -2.4% | 0.14% | −0.00 |
| AMGN Amgen Inc. | Reduce -15.3% | 0.03% | −0.00 |
| GLD SPDR Gold Shares | Reduce -15.9% | 0.03% | −0.00 |
| SCHF Schwab Intl Equity ETF | Reduce -5.2% | 0.04% | −0.00 |
| PEP Pepsico Inc. | Reduce -7.2% | 0.07% | −0.00 |
| GEV GE Vernova Inc. | Reduce -16.2% | 0.04% | +0.00 |
| AMAT Applied Materials Inc. | Reduce -16.5% | 0.05% | +0.00 |
| T AT&T Inc. | Reduce -0.1% | 0.05% | +0.01 |
| JNJ Johnson & Johnson | Reduce -8.0% | 0.12% | +0.01 |
| INTC Intel Corp. | Reduce -4.1% | 0.08% | +0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| AVUV Avantis US Small Cap Value | Add +3.1% | 7.32% | +0.53 |
| BNDX Vanguard Total Intl Bond ETF | Add +7.0% | 6.67% | +0.18 |
| VCRB Vanguard Core Bond ETF | Add +10.5% | 3.08% | +0.18 |
| DFIC Dimensional International Co. | Add +2.7% | 5.52% | +0.12 |
| VPLS Vanguard Core-Plus Bond ETF | Add +93.1% | 0.19% | +0.09 |
| AVSD Avantis Reps Intern Equi ETF | Add +143.2% | 0.15% | +0.09 |
| VTIP Vanguard Short-Term Tips | Add +6.2% | 2.49% | +0.09 |
| CGIC Cap Group Intl Core Eq | New | 0.08% | +0.08 |
| LECO Lincoln Electric Holdings | Add +9.6% | 0.77% | +0.07 |
| DFAR Dimensional US Real Est ETF | Add +3.4% | 2.24% | +0.07 |
| AVUS Avantis U.S. Equity ETF | Add +5.8% | 4.01% | +0.06 |
| AVSE Avantis Resp Emerg MKTS Eq-E | Add +96.3% | 0.10% | +0.05 |
| JQUA JPMorgan US Quality Factor | Add +15.2% | 0.67% | +0.05 |
| CGMU Cap Group Municipal Income | Add +44.1% | 0.16% | +0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.04% | +0.04 |
| BR Broadridge Financial Solutio | New | 0.04% | +0.04 |
| DFUS Dimensional US Eq MKT ETF | New | 0.04% | +0.04 |
| COST Costco Wholesale Corp. | Add +8.1% | 0.21% | +0.04 |
| MRK Merck & Co. Inc. | New | 0.04% | +0.04 |
| XOM Exxon Mobil Corp. | Add +16.5% | 0.10% | +0.04 |
| DFCF Dimensional Core Fixed Inc. | New | 0.04% | +0.04 |
| FTNT Fortinet Inc. | New | 0.03% | +0.03 |
| FDX FedEx Corp. | New | 0.03% | +0.03 |
| VTEC Vanguard Ca Tax-Ex Bond | Add +18.6% | 0.27% | +0.03 |
| TXN Texas Instruments Inc. | New | 0.03% | +0.03 |
| CAT Caterpillar Inc. | Add +1.9% | 0.16% | +0.03 |
| C Citigroup Inc. | New | 0.03% | +0.03 |
| TT Trane Technologies PLC | New | 0.03% | +0.03 |
| DFSU Dimensional US Sus CORE1 ETF | Add +17.7% | 0.39% | +0.03 |
| DFSV Dimensional US Small Cap Val | Add +3.0% | 0.43% | +0.02 |
| DISV Dimensional International SM | Add +5.3% | 0.41% | +0.02 |
| IJH iShares Core S&P Midcap ETF | Add +23.9% | 0.11% | +0.02 |
| DCOR Dimensional US Core Eq 1 ETF | Add +10.0% | 0.49% | +0.02 |
| VCRM Vanguard Core Tax-Ex Bond | Add +13.8% | 0.22% | +0.02 |
| QUAL iShares MSCI USA Quality Fac | Add +12.8% | 0.29% | +0.01 |
| WMT Walmart Inc. | Add +11.6% | 0.08% | +0.01 |
| DFAE Dimensional Emerging Core Eq | Add +1.5% | 0.54% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +34.8% | 0.04% | +0.01 |
| DFAT Dimensional US Target Value | Add +0.1% | 0.53% | +0.01 |
| LMT Lockheed Martin Corp. | Add +0.2% | 0.04% | +0.01 |
| BND Vanguard Total Bond Market | Add +10.4% | 0.09% | +0.01 |
| HD Home Depot Inc. | Add +12.7% | 0.10% | +0.00 |
| NFLX Netflix Inc. | Add +10.9% | 0.04% | +0.00 |
| VSDM Vanguard Short Tax-Ex Bond | Add +5.4% | 0.16% | +0.00 |
| PG The Procter & Gamble Co. | Add +6.3% | 0.06% | +0.00 |
| JPM JPMorgan Chase & Co. | Add +13.6% | 0.14% | +0.00 |
| IWD iShares Russell 1000 Value E | Add +1.7% | 0.08% | −0.00 |
| MCD McDonald's Corp. | Add +0.4% | 0.06% | −0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +8.5% | 0.05% | −0.00 |
| VXUS Vanguard Total Intl Stock | Add +0.5% | 0.11% | −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 |