Callan Capital, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed October 22, 2024), Callan Capital, LLC reported 313 stock positions worth $1.2 billion. Its top holding was Schwab US Broad Market ETF (SCHB) at 10.6% of the portfolio, followed by Schwab Fndmntl US LRG Co. ETF (FNDX, 6.7%) and Schwab Intl Equity ETF (SCHF, 6.5%). Compared with Q1 2024, it opened 34 new positions, sold out of 18, added to 189 and reduced 69. The biggest buy was Nvidia (NVDA, shares +374%) and the biggest sale Schwab Fndmn Intl LRG Co. ETF (FNDF, shares −1%).

Most Recent 13F
Q1 2025
Location
LA JOLLA, CA
CIK
0001542166
Portfolio Value
$1.2B (Q2 2024)
SEC Filing
0001542166-24-000013 ↗ filed Oct 22, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.2B $1.2B Q2 2024 Q3 2024: $1.4B Q3 2024 Q4 2024: $1.4B Q4 2024 Q1 2025: $1.4B Q1 2025

Holdings 313 stocks · $1.2B
SCHB Schwab US Broad Market ETF 10.57% 2,041,858 $128.4M Add +0.8%
FNDX Schwab Fndmntl US LRG Co. ETF 6.69% 1,213,495 $81.3M Add +2.5%
SCHF Schwab Intl Equity ETF 6.47% 2,046,552 $78.6M Add +0.4%
FNDF Schwab Fndmn Intl LRG Co. ETF 5.54% 1,921,269 $67.3M Reduce -0.6%
VTEB Vanguard Tax-Exempt Bond ETF 3.38% 818,555 $41.0M Reduce -4.6%
PRF Invesco Rafi US 1000 ETF 3.18% 1,017,240 $38.6M Reduce -0.2%
SPDW Ste STR SPDR PT DW Eu ETF 3.10% 1,074,000 $37.7M Reduce -0.8%
AAPL Apple Inc. 2.49% 143,851 $30.3M Add +3.3%
FNDB Schwab Fndmntl US BRD Mr ETF 2.48% 458,665 $30.1M Reduce -0.5%
AVDV Avantis Intl S/C Value ETF 2.45% 459,153 $29.8M Add +0.4%
VWO Vanguard Ftse Emerging Marke 2.38% 661,993 $29.0M Add +6.4%
NVDA Nvidia Corp. 2.35% 230,820 $28.5M Add +374.4%
GSIE Goldman Sachs Activebeta Int 2.18% 785,424 $26.4M Reduce -3.3%
AVUV Avantis US Small Cap Value 1.99% 269,523 $24.2M Add +17.7%
INTF iShares International Equity 1.96% 815,844 $23.8M Reduce -3.4%
XLK SS Technology Select Sector 1.89% 101,411 $22.9M Add +1.8%
VGT Vanguard Info Tech ETF 1.73% 36,508 $21.1M Add +3.1%
SPTM SS SPDR P S&P 1500 Comp ETF 1.65% 301,405 $20.0M Reduce -0.6%
GSLC Goldman Activebeta US LC ETF 1.61% 182,778 $19.5M Reduce -2.2%
FNDA Schwab Fndmntl US SM Co. ETF 1.53% 338,814 $18.6M Reduce -2.6%
VEU Vanguard Ftse All-World Ex-U 1.33% 275,499 $16.2M Reduce -1.3%
FNDE Schwab Fndmntl Em MRK Eq ETF 1.33% 545,790 $16.1M Add +6.3%
MSFT Microsoft Corp. 1.00% 27,266 $12.2M Add +6.7%
DISV Dimensional International SM 0.93% 420,002 $11.3M Reduce -4.9%
PRFZ Inv Rafi US 1500 SM-Usd Inc. 0.92% 293,693 $11.2M Reduce -0.9%
XLV SS Health Care Select Sector 0.92% 76,568 $11.2M Reduce -1.0%
VOX Vanguard Communication Servi 0.70% 61,803 $8.5M Reduce -0.5%
AVUS Avantis U.S. Equity ETF 0.61% 82,750 $7.5M Reduce -8.1%
VHT Vanguard Health Care ETF 0.61% 28,029 $7.5M Reduce -2.1%
SCHE Schwab Emrg Mrkts Eqty ETF 0.60% 275,876 $7.3M Reduce -5.4%
SCHZ Schwab US Aggregate Bond ETF 0.58% 155,909 $7.1M Reduce -2.2%
XLI SS Industrial Select Sector 0.58% 57,400 $7.0M Add +0.8%
XLY SS Consumer Disc Select Sect 0.57% 38,183 $7.0M Reduce -0.1%
XLF SS Financial Select Sector 0.57% 168,162 $6.9M Add +2.0%
VFH Vanguard Financials ETF 0.57% 69,206 $6.9M Reduce -1.0%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.54% 26,140 $6.5M Add +0.1%
NMRA Neumora Therapeutics Inc. 0.54% 661,194 $6.5M Add +222.6%
EMGF iShares Emerging Markets Equ 0.52% 134,594 $6.3M Reduce -2.7%
GOOGL Alphabet Inc. Class A 0.51% 33,976 $6.2M Add +12.1%
PXF Invesco Rafi Developed Marke 0.48% 119,514 $5.8M Reduce -3.4%
AMZN Amazon.com Inc. 0.47% 29,553 $5.7M Add +31.0%
IVV iShares Core S&P 500 ETF 0.45% 10,070 $5.5M Add +6.6%
VCR Vanguard Consumer Discre ETF 0.42% 16,283 $5.1M Add +0.0%
XLC SS Comm Select Sector SPDR 0.38% 54,321 $4.7M Add +2.1%
XLP SS Consumer Staples Sel Sect 0.37% 58,453 $4.5M Reduce -4.3%
VDC Vanguard Consumer Staple ETF 0.34% 20,416 $4.1M Reduce -1.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.34% 7,588 $4.1M Add +6.1%
VIS Vanguard Industrials ETF 0.34% 17,348 $4.1M Reduce -3.3%
DFAC Dimensional US Core Equity 2 0.33% 125,763 $4.1M No change
GOOG Alphabet Inc. Class C 0.32% 21,029 $3.9M Add +36.8%
IJH iShares Core S&P Midcap ETF 0.31% 65,165 $3.8M New
TOTL SS Doubleline TR Tact ETF 0.31% 95,058 $3.8M Add +2.6%
VDE Vanguard Energy ETF 0.30% 28,634 $3.7M Reduce -4.5%
LLY Eli Lilly & Co. 0.29% 3,943 $3.6M Add +15.7%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.29% 69,721 $3.5M Reduce -10.5%
IVW iShares S&P 500 Growth ETF 0.29% 38,227 $3.5M New
NVO Novo-Nordisk A/S-Spons ADR 0.29% 24,697 $3.5M Add +4.9%
TSLA Tesla Inc. 0.29% 17,567 $3.5M Add +12.6%
GEM Goldman Sachs Activebeta Em 0.28% 105,196 $3.4M Reduce -8.2%
VXUS Vanguard Total Intl Stock 0.26% 52,983 $3.2M Add +0.7%
OMFL Invesco Russell 1000 DYN M/F 0.25% 58,415 $3.1M Reduce -0.0%
ORCL Oracle Corp. 0.25% 21,280 $3.0M Add +1.2%
BRK.B Berkshire Hathaway Inc. Class B 0.23% 6,981 $2.8M Add +75.4%
META Meta Platforms Inc. Class A 0.20% 4,834 $2.4M Add +9.0%
VRTX Vertex Pharmaceuticals Inc. 0.17% 4,440 $2.1M Add +2.5%
AVES Avantis Emerging Markets Val 0.17% 41,485 $2.0M Add +2.3%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.16% 28,897 $2.0M Reduce -3.0%
NFLX Netflix Inc. 0.16% 2,876 $1.9M Add +2.2%
AVGO Broadcom Inc. 0.16% 1,178 $1.9M Add +14.7%
COST Costco Wholesale Corp. 0.16% 2,217 $1.9M Add +11.2%
JPM JPMorgan Chase & Co. 0.15% 9,280 $1.9M Add +17.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.15% 7,738 $1.9M Add +7.4%
VOO Vanguard S&P 500 ETF 0.15% 3,734 $1.9M Add +1.8%
SCHA Schwab US Small-Cap ETF 0.15% 38,315 $1.8M Reduce -0.1%
AVIV Avantis Intl LRG Cap Val ETF 0.15% 34,288 $1.8M Reduce -7.2%
HD Home Depot Inc. 0.14% 5,023 $1.7M Add +4.9%
XLB SS Materials Select Sector 0.14% 19,461 $1.7M Add +0.1%
VB Vanguard Most SM-Cap ETF-Usd 0.14% 7,845 $1.7M Add +440.3%
QQQ Invesco QQQ Trust Series 1 0.14% 3,508 $1.7M Add +11.6%
HOMB Home Bancshares Inc. 0.14% 69,513 $1.7M No change
AVLV Avantis US Large Cap Value 0.14% 26,457 $1.7M Reduce -0.1%
BDX Becton Dickinson and Co. 0.14% 7,100 $1.7M Add +0.9%
VPU Vanguard Utilities ETF 0.13% 11,075 $1.6M Add +7.5%
VNQ Vanguard Real Estate ETF 0.13% 19,299 $1.6M Reduce -0.4%
WMT Walmart Inc. 0.13% 23,659 $1.6M Add +7.7%
IIPR Innovative Industrial Proper 0.13% 14,610 $1.6M No change
ADBE Adobe Inc. 0.13% 2,859 $1.6M Add +11.9%
UNH Unitedhealth Group Inc. 0.13% 3,011 $1.5M Add +194.9%
IYF iShares US Financials ETF 0.12% 15,888 $1.5M Add +0.1%
SCHX Schwab US Large-Cap ETF 0.12% 23,246 $1.5M Reduce -0.0%
ASML ASML Holding NV-NY Reg SHS 0.12% 1,415 $1.4M Add +13.0%
VIG Vanguard Dividend Apprec ETF 0.12% 7,879 $1.4M Add +93.9%
MRK Merck & Co. Inc. 0.11% 10,980 $1.4M Add +12.1%
CRWD CrowdStrike Holdings Inc. Class A 0.11% 3,454 $1.3M Reduce -1.9%
XLE SS Energy Select Sector 0.11% 14,412 $1.3M Add +3.5%
XLRE SS Real Estate Select Sector 0.11% 33,911 $1.3M Reduce -4.0%
IWB iShares Russell 1000 ETF 0.10% 4,202 $1.3M Add +0.1%
PG The Procter & Gamble Co. 0.10% 7,567 $1.2M Add +13.7%
NOW ServiceNow Inc. 0.10% 1,553 $1.2M Add +0.8%
IAU iShares Gold Trust 0.10% 27,338 $1.2M Add +127.3%

Show all 313 holdings

Options reported separately and not counted above: NVDA puts ($295K).

Portfolio Sells Q1 2024 → Q2 2024
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -0.6% 5.54% −0.51
VTEB Vanguard Tax-Exempt Bond ETF Reduce -4.6% 3.38% −0.44
SPDW Ste STR SPDR PT DW Eu ETF Reduce -0.8% 3.10% −0.31
GSIE Goldman Sachs Activebeta Int Reduce -3.3% 2.18% −0.27
PRF Invesco Rafi US 1000 ETF Reduce -0.2% 3.18% −0.27
INTF iShares International Equity Reduce -3.4% 1.96% −0.25
FNDA Schwab Fndmntl US SM Co. ETF Reduce -2.6% 1.53% −0.21
FNDB Schwab Fndmntl US BRD Mr ETF Reduce -0.5% 2.48% −0.21
DISV Dimensional International SM Reduce -4.9% 0.93% −0.13
VEU Vanguard Ftse All-World Ex-U Reduce -1.3% 1.33% −0.11
PRFZ Inv Rafi US 1500 SM-Usd Inc. Reduce -0.9% 0.92% −0.10
GSLC Goldman Activebeta US LC ETF Reduce -2.2% 1.61% −0.10
AVUS Avantis U.S. Equity ETF Reduce -8.1% 0.61% −0.09
XLV SS Health Care Select Sector Reduce -1.0% 0.92% −0.09
VHT Vanguard Health Care ETF Reduce -2.1% 0.61% −0.07
SPTM SS SPDR P S&P 1500 Comp ETF Reduce -0.6% 1.65% −0.06
PXF Invesco Rafi Developed Marke Reduce -3.4% 0.48% −0.06
VFH Vanguard Financials ETF Reduce -1.0% 0.57% −0.06
SCHZ Schwab US Aggregate Bond ETF Reduce -2.2% 0.58% −0.06
JMST JPM Ultra-Short Muni Income Reduce -10.5% 0.29% −0.06
VIS Vanguard Industrials ETF Reduce -3.3% 0.34% −0.05
INTC Intel Corp. Reduce -28.9% 0.04% −0.05
VDE Vanguard Energy ETF Reduce -4.5% 0.30% −0.05
XLY SS Consumer Disc Select Sect Reduce -0.1% 0.57% −0.04
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -5.4% 0.60% −0.04
XLP SS Consumer Staples Sel Sect Reduce -4.3% 0.37% −0.04
GEM Goldman Sachs Activebeta Em Reduce -8.2% 0.28% −0.03
OMFL Invesco Russell 1000 DYN M/F Reduce -0.0% 0.25% −0.03
SQSP Squarespace Inc. Class A Reduce -59.5% 0.03% −0.03
TAK Takeda Pharmaceutic-SP ADR Sold out 0.00% −0.03
VDC Vanguard Consumer Staple ETF Reduce -1.4% 0.34% −0.03
STLA Stellantis NV Sold out 0.00% −0.03
AVIV Avantis Intl LRG Cap Val ETF Reduce -7.2% 0.15% −0.03
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.03
VUG Vanguard Mrngstar GR ETF-Sui Sold out 0.00% −0.03
EMGF iShares Emerging Markets Equ Reduce -2.7% 0.52% −0.02
BTI British American Tob-SP ADR Sold out 0.00% −0.02
CI The Cigna Group Sold out 0.00% −0.02
RSPT Invesco S&P 500 Equal Weight Sold out 0.00% −0.02
CSCO Cisco Systems Inc. Reduce -26.6% 0.04% −0.02
ARE Alexandria Real Estate Equit Reduce -5.7% 0.09% −0.02
VAW Vanguard Materials ETF Reduce -6.6% 0.10% −0.02
DIA SS SPDR Dow Jones Indus Avg Reduce -44.4% 0.02% −0.02
STM Stmicroelectronics NV-NY SHS Sold out 0.00% −0.02
SCZ iShares MSCI Eafe Small-Cap Sold out 0.00% −0.02
SPEM State Street SP PTF Em ETF Sold out 0.00% −0.02
TRV The Travelers Cos Inc. Sold out 0.00% −0.02
ILMN Illumina Inc. Sold out 0.00% −0.02
CVS CVS Health Corp. Sold out 0.00% −0.02
KR Kroger Co. Sold out 0.00% −0.02

Portfolio Buys Q1 2024 → Q2 2024
NVDA Nvidia Corp. Add +374.4% 2.35% +1.96
AAPL Apple Inc. Add +3.3% 2.49% +0.39
IJH iShares Core S&P Midcap ETF New 0.31% +0.31
IVW iShares S&P 500 Growth ETF New 0.29% +0.29
NMRA Neumora Therapeutics Inc. Add +222.6% 0.54% +0.29
AMZN Amazon.com Inc. Add +31.0% 0.47% +0.11
GOOG Alphabet Inc. Class C Add +36.8% 0.32% +0.11
VB Vanguard Most SM-Cap ETF-Usd Add +440.3% 0.14% +0.11
GOOGL Alphabet Inc. Class A Add +12.1% 0.51% +0.11
AVUV Avantis US Small Cap Value Add +17.7% 1.99% +0.10
VWO Vanguard Ftse Emerging Marke Add +6.4% 2.38% +0.10
VGT Vanguard Info Tech ETF Add +3.1% 1.73% +0.10
BRK.B Berkshire Hathaway Inc. Class B Add +75.4% 0.23% +0.09
UNH Unitedhealth Group Inc. Add +194.9% 0.13% +0.08
FNDE Schwab Fndmntl Em MRK Eq ETF Add +6.3% 1.33% +0.08
XLK SS Technology Select Sector Add +1.8% 1.89% +0.06
LLY Eli Lilly & Co. Add +15.7% 0.29% +0.06
ATMP Ipath Select MLP ETN New 0.06% +0.06
MSFT Microsoft Corp. Add +6.7% 1.00% +0.06
AAXJ iShares MSCI All Country Asi New 0.06% +0.06
IAU iShares Gold Trust Add +127.3% 0.10% +0.05
VIG Vanguard Dividend Apprec ETF Add +93.9% 0.12% +0.05
RSP Invesco S&P 500 Equal Weight New 0.05% +0.05
JOE The St Joe Co. New 0.05% +0.05
DHR Danaher Corp. Add +232.2% 0.07% +0.05
TSLA Tesla Inc. Add +12.6% 0.29% +0.05
SLYG SS SPDR S&P 600 SC GR ETF New 0.04% +0.04
SCHD Schwab US DVD Equity ETF New 0.04% +0.04
TTD Trade Desk Inc./the Class A New 0.04% +0.04
GE General Electric Add +163.7% 0.07% +0.04
NUE Nucor Corp. New 0.04% +0.04
AZN Astrazeneca PLC-Spons ADR Add +103.9% 0.07% +0.04
AVGO Broadcom Inc. Add +14.7% 0.16% +0.04
MPC Marathon Petroleum Corp. New 0.03% +0.03
CVX Chevron Corp. Add +105.3% 0.06% +0.03
ETN Eaton Corp. PLC New 0.03% +0.03
COST Costco Wholesale Corp. Add +11.2% 0.16% +0.03
NVO Novo-Nordisk A/S-Spons ADR Add +4.9% 0.29% +0.02
XOM Exxon Mobil Corp. Add +43.2% 0.10% +0.02
SCHG Schwab US Large-Cap Growth Add +51.5% 0.06% +0.02
ACES Alps Clean Energy ETF New 0.02% +0.02
KLAC KLA Corp. New 0.02% +0.02
HSBC HSBC Holdings PLC-Spons ADR New 0.02% +0.02
ADP Automatic Data Processing New 0.02% +0.02
AGR Avangrid Inc. New 0.02% +0.02
SNPS Synopsys Inc. New 0.02% +0.02
TSM Taiwan Semiconductor-SP ADR Add +8.7% 0.09% +0.02
G Genpact Ltd. New 0.02% +0.02
GIB Cgi Inc. New 0.02% +0.02
BKNG Booking Holdings Inc. New 0.02% +0.02

Options Activity Q1 2024 → Q2 2024
NVDA Nvidia Corp. put New 80,000 $295K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2025 364$1.4BSCHB, META, FNDX, SCHF, FNDF
Q4 2024 342$1.4BSCHB, META, FNDX, SCHF, FNDF
Q3 2024 348$1.4BSCHB, META, FNDX, SCHF, FNDF
Q2 2024Amended 313$1.2BSCHB, FNDX, SCHF, FNDF, VTEB
Q1 2024Amended 297$1.1BSCHB, FNDX, SCHF, FNDF, VTEB