BWM Planning, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 31, 2025), BWM Planning, LLC reported 90 stock positions worth $336.1 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 9.8% of the portfolio, followed by Avantis US Small Cap Value (AVUV, 9.1%) and Avantis International Equity (AVDE, 6.8%). Compared with Q2 2025, it opened 11 new positions, sold out of 2, added to 50 and reduced 7. The biggest buy was Chevron (CVX, shares +84%) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −1%).

Most Recent 13F
Q2 2026
Location
THE WOODLANDS, TX
CIK
0002039698
Portfolio Value
$336.1M (Q3 2025)
SEC Filing
0001754960-25-000742 ↗ filed Oct 31, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q3 2024: $225.4M Q3 2024 Q4 2024: $229.8M Q4 2024 Q1 2025: $236.3M Q1 2025 Q2 2025: $290.3M Q2 2025 Q3 2025: $336.1M $336.1M Q3 2025 Q4 2025: $374.2M Q4 2025 Q1 2026: $379.1M Q1 2026 Q2 2026: $431.2M Q2 2026

Holdings 90 stocks · $336.1M
VTI VG Morningstar TS MKT ETF-US 9.76% 99,965 $32.8M Add +10.8%
AVUV Avantis US Small Cap Value 9.12% 307,762 $30.6M Add +3.5%
AVDE Avantis International Equity 6.79% 289,003 $22.8M Add +10.0%
DFAI Dimensional International Co. 6.66% 615,479 $22.4M Add +3.6%
AVNM Avantis All Intl MKTS Eq ETF 5.46% 260,098 $18.4M Add +9.0%
SCHO Schwab Short-Term US Treas 4.09% 563,185 $13.7M Add +12.8%
QVAL Alpha Arch US QNT Value ETF 3.95% 284,542 $13.3M Add +12.2%
DFAE Dimensional Emerging Core Eq 3.75% 399,388 $12.6M Add +3.8%
AAPL Apple Inc. 3.72% 49,092 $12.5M Add +0.9%
DFCF Dimensional Core Fixed Inc. 3.51% 275,567 $11.8M Add +23.7%
QMOM Alpha US Quant Mom ETF 3.50% 182,655 $11.8M Add +8.2%
IVV iShares Core S&P 500 ETF 3.19% 16,028 $10.7M Reduce -0.9%
SPXE Proshares S&P 500 Ex-Energy 2.99% 139,194 $10.0M No change
HIDE Alpha Arc High Inf & Def ETF 2.32% 336,633 $7.8M Add +17.7%
DFAT Dimensional US Target Value 2.17% 125,048 $7.3M Add +8.2%
DISV Dimensional International SM 1.60% 150,436 $5.4M Add +3.3%
BRK.B Berkshire Hathaway Inc. Class B 1.54% 10,266 $5.2M Add +1.0%
WFC Wells Fargo & Co. 1.53% 61,336 $5.1M Add +0.5%
RSST Return Stacked US SM FTR ETF 1.53% 194,204 $5.1M Add +4.0%
DFAS Dimensional US Small Cap ETF 1.49% 73,264 $5.0M Add +14.5%
XOM Exxon Mobil Corp. 1.29% 38,384 $4.3M Add +20.1%
AVEM Avantis Emerging Markets Eq 1.25% 56,109 $4.2M Add +4.1%
BOXX Alpha Architect 1-3 MNTH Box 1.03% 30,494 $3.5M Reduce -3.5%
IEFA iShares Core MSCI Eafe ETF 1.03% 39,679 $3.5M No change
RSBT RTRN STCK BNDS & MNG Futures 0.96% 185,343 $3.2M Add +16.9%
AVDV Avantis Intl S/C Value ETF 0.95% 35,722 $3.2M Add +5.1%
DFUV Dimensional US Marketwide Va 0.90% 67,707 $3.0M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.85% 4,308 $2.9M Reduce -3.7%
CVX Chevron Corp. 0.83% 17,945 $2.8M Add +83.8%
PBT Permian Basin Royalty Trust 0.57% 104,397 $1.9M Add +0.7%
DFIV Dimensional International Va 0.56% 40,979 $1.9M No change
SBR Sabine Royalty Trust 0.51% 21,552 $1.7M No change
HD Home Depot Inc. 0.50% 4,182 $1.7M Add +1.9%
JPM JPMorgan Chase & Co. 0.45% 4,749 $1.5M Add +2.9%
DFUS Dimensional US Eq MKT ETF 0.42% 19,330 $1.4M No change
DFGR Dim Global Real Estate ETF 0.40% 49,775 $1.4M Add +41.7%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.40% 4,387 $1.4M No change
AVGO Broadcom Inc. 0.38% 3,872 $1.3M Add +3.0%
CTRA Coterra Energy Inc. 0.37% 52,487 $1.2M No change
MSFT Microsoft Corp. 0.36% 2,313 $1.2M Add +10.6%
JNJ Johnson & Johnson 0.35% 6,283 $1.2M Add +2.2%
VEU Vanguard Ftse All-World Ex-U 0.34% 15,800 $1.1M Add +1.8%
WES Western Midstream Partners L 0.33% 28,325 $1.1M No change
PSX Phillips 66 0.32% 7,929 $1.1M No change
DFGX Dimsnl Intr CF in ETF-Usd Inc. 0.28% 17,628 $951K No change
SUB iShares Short-Term National 0.28% 8,726 $932K Add +19.8%
LLY Eli Lilly & Co. 0.27% 1,169 $892K Add +2.5%
CLB Core Laboratories Inc. 0.24% 65,036 $804K No change
HP Helmerich & Payne 0.24% 36,388 $804K No change
TSLA Tesla Inc. 0.23% 1,747 $777K Add +7.2%
AGG iShares Core U.S. Aggregate 0.23% 7,577 $760K Add +11.7%
EFV iShares MSCI Eafe Value ETF 0.22% 10,860 $737K No change
VSS Vanguard Ftse All Wo X-US SC 0.22% 5,135 $732K No change
NSC Norfolk Southern Corp. 0.18% 2,000 $601K New
STIP iShares 0-5 Year Tips Bond E 0.18% 5,781 $598K Add +139.3%
SCHE Schwab Emrg Mrkts Eqty ETF 0.18% 17,828 $595K No change
INTC Intel Corp. 0.17% 17,227 $578K Add +1.4%
PEP Pepsico Inc. 0.17% 3,974 $558K Add +1.9%
VEA Vanguard Ftse Developed ETF 0.16% 8,849 $530K Add +0.0%
VXUS Vanguard Total Intl Stock 0.16% 7,211 $530K No change
DFNM Dimensional National Muni BD 0.15% 10,726 $515K Add +111.9%
VOO Vanguard S&P 500 ETF 0.14% 791 $484K Add +0.3%
DFAC Dimensional US Core Equity 2 0.13% 11,385 $439K Reduce -0.1%
BND Vanguard Total Bond Market 0.12% 5,428 $404K Reduce -26.3%
NVDA Nvidia Corp. 0.11% 2,039 $381K Add +33.8%
AVRE Avantis Real Estate ETF 0.11% 8,367 $372K No change
ETN Eaton Corp. PLC 0.11% 965 $361K No change
COP Conocophillips 0.11% 3,778 $357K Add +5.9%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.10% 1,653 $345K Add +0.1%
T AT&T Inc. 0.10% 11,748 $332K New
IBHF iShares Ibond 2026 HY & Inc. 0.10% 13,867 $324K Reduce -32.6%
GOOGL Alphabet Inc. Class A 0.09% 1,281 $311K New
HAL Halliburton Co. 0.09% 12,440 $306K Add +9.6%
XLK SS Technology Select Sector 0.09% 1,083 $305K Add +0.1%
WMB Williams Cos Inc. 0.08% 4,390 $278K Add +5.6%
BSVO EA Bridgeway Omni Sm-Cp Val 0.08% 12,191 $276K No change
META Meta Platforms Inc. Class A 0.08% 375 $276K Add +14.3%
GOOG Alphabet Inc. Class C 0.08% 1,130 $275K New
DFAX Dimensional World Ex US Core 0.08% 8,533 $268K Add +0.6%
JPST JPMorgan Ultra-Short Income 0.08% 5,102 $259K New
TSM Taiwan Semiconductor-SP ADR 0.08% 920 $257K New
SPSK SP Funds Dow Jones Global Su 0.07% 13,533 $250K No change
QQQ Invesco QQQ Trust Series 1 0.07% 390 $234K New
DFSU Dimensional US Sus CORE1 ETF 0.07% 5,462 $232K Reduce -0.3%
ET Energy Transfer LP 0.07% 12,846 $220K Add +1.9%
AVSC Avantis US Small Cap Equity 0.06% 3,633 $208K New
QCOM Qualcomm Inc. 0.06% 1,213 $202K New
XNEAX Nuveen Amt-FR QLTY Muni Inc. 0.04% 13,154 $150K New
NUV Nuveen Municipal Value 0.03% 12,283 $110K New
KOS Kosmos Energy Ltd. 0.02% 31,898 $53K No change

Portfolio Sells Q2 2025 → Q3 2025
IVV iShares Core S&P 500 ETF Reduce -0.9% 3.19% −0.27
BOXX Alpha Architect 1-3 MNTH Box Reduce -3.5% 1.03% −0.19
SPY SS SPDR S&P 500 ETF Trust-US Reduce -3.7% 0.85% −0.10
VTV Vanguard Mrngstr Val ETF-Aui Sold out 0.00% −0.09
DE Deere & Co. Sold out 0.00% −0.08
IBHF iShares Ibond 2026 HY & Inc. Reduce -32.6% 0.10% −0.07
BND Vanguard Total Bond Market Reduce -26.3% 0.12% −0.07
DFAC Dimensional US Core Equity 2 Reduce -0.1% 0.13% −0.01
DFSU Dimensional US Sus CORE1 ETF Reduce -0.3% 0.07% −0.01

Portfolio Buys Q2 2025 → Q3 2025
CVX Chevron Corp. Add +83.8% 0.83% +0.35
VTI VG Morningstar TS MKT ETF-US Add +10.8% 9.76% +0.31
AAPL Apple Inc. Add +0.9% 3.72% +0.28
DFCF Dimensional Core Fixed Inc. Add +23.7% 3.51% +0.26
NSC Norfolk Southern Corp. New 0.18% +0.18
PBT Permian Basin Royalty Trust Add +0.7% 0.57% +0.12
QVAL Alpha Arch US QNT Value ETF Add +12.2% 3.95% +0.10
XOM Exxon Mobil Corp. Add +20.1% 1.29% +0.10
T AT&T Inc. New 0.10% +0.10
AVNM Avantis All Intl MKTS Eq ETF Add +9.0% 5.46% +0.09
GOOGL Alphabet Inc. Class A New 0.09% +0.09
STIP iShares 0-5 Year Tips Bond E Add +139.3% 0.18% +0.09
DFAS Dimensional US Small Cap ETF Add +14.5% 1.49% +0.09
AVDE Avantis International Equity Add +10.0% 6.79% +0.08
GOOG Alphabet Inc. Class C New 0.08% +0.08
DFGR Dim Global Real Estate ETF Add +41.7% 0.40% +0.08
JPST JPMorgan Ultra-Short Income New 0.08% +0.08
TSM Taiwan Semiconductor-SP ADR New 0.08% +0.08
RSBT RTRN STCK BNDS & MNG Futures Add +16.9% 0.96% +0.08
HIDE Alpha Arc High Inf & Def ETF Add +17.7% 2.32% +0.07
DFNM Dimensional National Muni BD Add +111.9% 0.15% +0.07
QQQ Invesco QQQ Trust Series 1 New 0.07% +0.07
AVSC Avantis US Small Cap Equity New 0.06% +0.06
QCOM Qualcomm Inc. New 0.06% +0.06
TSLA Tesla Inc. Add +7.2% 0.23% +0.05
XNEAX Nuveen Amt-FR QLTY Muni Inc. New 0.04% +0.04
INTC Intel Corp. Add +1.4% 0.17% +0.04
NUV Nuveen Municipal Value New 0.03% +0.03
NVDA Nvidia Corp. Add +33.8% 0.11% +0.03
RSST Return Stacked US SM FTR ETF Add +4.0% 1.53% +0.03
AVGO Broadcom Inc. Add +3.0% 0.38% +0.02
JNJ Johnson & Johnson Add +2.2% 0.35% +0.02
AVDV Avantis Intl S/C Value ETF Add +5.1% 0.95% +0.02
DFAT Dimensional US Target Value Add +8.2% 2.17% +0.02
HAL Halliburton Co. Add +9.6% 0.09% +0.01
SUB iShares Short-Term National Add +19.8% 0.28% +0.01
META Meta Platforms Inc. Class A Add +14.3% 0.08% −0.00
MSFT Microsoft Corp. Add +10.6% 0.36% −0.00
XLK SS Technology Select Sector Add +0.1% 0.09% −0.00
COP Conocophillips Add +5.9% 0.11% −0.00
AGG iShares Core U.S. Aggregate Add +11.7% 0.23% −0.01
DFAX Dimensional World Ex US Core Add +0.6% 0.08% −0.01
WMB Williams Cos Inc. Add +5.6% 0.08% −0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Add +0.1% 0.10% −0.01
VOO Vanguard S&P 500 ETF Add +0.3% 0.14% −0.01
PEP Pepsico Inc. Add +1.9% 0.17% −0.01
ET Energy Transfer LP Add +1.9% 0.07% −0.01
HD Home Depot Inc. Add +1.9% 0.50% −0.01
JPM JPMorgan Chase & Co. Add +2.9% 0.45% −0.02
VEA Vanguard Ftse Developed ETF Add +0.0% 0.16% −0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 99$431.2MVTI, AVUV, AVNM, AVDE, DFAI
Q1 2026 87$379.1MVTI, AVUV, AVNM, AVDE, DFAI
Q4 2025 94$374.2MVTI, AVUV, AVDE, AVNM, DFAI
Q3 2025 90$336.1MVTI, AVUV, AVDE, DFAI, AVNM
Q2 2025 81$290.3MVTI, AVUV, DFAI, AVDE, AVNM
Q1 2025 77$236.3MVTI, DFAI, AVNM, AVDE, AAPL
Q4 2024 76$229.8MVTI, DFAI, AAPL, DFAT, IVV
Q3 2024 76$225.4MDFAI, VTI, IVV, DFAT, AAPL