Carbahal Olsen Financial Services Group, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 5, 2025), Carbahal Olsen Financial Services Group, LLC reported 37 stock positions worth $124.6 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 25.7% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 13.9%) and iShares S&P 500 Growth ETF (IVW, 13.8%). Compared with Q2 2025, it opened 3 new positions, sold out of 2, added to 7 and reduced 12. The biggest buy was a new position in Seagate Technology (STX) and the biggest sale an exit from Biomarin Pharmaceutical (BMRN).
- Most Recent 13F
- Q2 2026
- Location
- DAVIS, CA
- CIK
- 0002052538
- Portfolio Value
- $124.6M (Q3 2025)
- SEC Filing
- 0002052538-25-000011 ↗ filed Nov 5, 2025
Holdings Value
Holdings 37 stocks · $124.6M
| IVV iShares Core S&P 500 ETF | 25.69% | 47,831 | $32.0M | Reduce -0.4% |
| QQQ Invesco QQQ Trust Series 1 | 13.88% | 28,817 | $17.3M | Reduce -3.5% |
| IVW iShares S&P 500 Growth ETF | 13.78% | 142,203 | $17.2M | Reduce -4.0% |
| IEFA iShares Core MSCI Eafe ETF | 10.80% | 154,108 | $13.5M | Add +0.2% |
| AGG iShares Core U.S. Aggregate | 8.87% | 110,226 | $11.1M | Add +0.7% |
| FDVV Fidelity High Dividend ETF | 5.54% | 123,946 | $6.9M | Add +0.2% |
| IVE iShares S&P 500 Value ETF | 5.08% | 30,677 | $6.3M | Reduce -0.4% |
| IWO iShares Russell 2000 Growth | 3.68% | 14,322 | $4.6M | Reduce -3.1% |
| AAPL Apple Inc. | 1.83% | 8,962 | $2.3M | Reduce -0.4% |
| DVY iShares Select Dividend ETF | 1.55% | 13,551 | $1.9M | Reduce -1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.96% | 2,389 | $1.2M | No change |
| MSFT Microsoft Corp. | 0.79% | 1,910 | $989K | Reduce -4.0% |
| IWN iShares Russell 2000 Value E | 0.71% | 5,001 | $884K | Reduce -3.1% |
| ETN Eaton Corp. PLC | 0.48% | 1,587 | $594K | No change |
| OKLO Oklo Inc. | 0.45% | 5,000 | $558K | No change |
| BN Brookfield Corp. | 0.42% | 7,629 | $523K | No change |
| IBB iShares Biotechnology ETF | 0.36% | 3,133 | $452K | Reduce -3.5% |
| NVDA Nvidia Corp. | 0.36% | 2,422 | $452K | Add +1.7% |
| ITOT iShares Core S&P Total U.S. | 0.34% | 2,948 | $429K | No change |
| IJR iShares Core S&P Small-Cap E | 0.34% | 3,581 | $426K | Reduce -0.4% |
| JNJ Johnson & Johnson | 0.32% | 2,155 | $400K | No change |
| AMAT Applied Materials Inc. | 0.31% | 1,869 | $383K | Add +0.2% |
| LLY Eli Lilly & Co. | 0.31% | 500 | $382K | No change |
| T AT&T Inc. | 0.28% | 12,192 | $344K | Reduce -0.2% |
| SEIC Sei Investments Company | 0.27% | 4,000 | $339K | No change |
| GILD Gilead Sciences Inc. | 0.27% | 2,987 | $334K | Add +0.4% |
| ABBV Abbvie Inc. | 0.26% | 1,417 | $328K | No change |
| PG The Procter & Gamble Co. | 0.26% | 2,130 | $327K | No change |
| META Meta Platforms Inc. Class A | 0.25% | 423 | $311K | No change |
| WFC Wells Fargo & Co. | 0.25% | 3,660 | $307K | No change |
| CAT Caterpillar Inc. | 0.24% | 628 | $300K | No change |
| CVX Chevron Corp. | 0.21% | 1,723 | $268K | No change |
| STX Seagate Technology Holdings | 0.19% | 1,000 | $236K | New |
| CRM Salesforce Inc. | 0.18% | 926 | $219K | Add +0.1% |
| HD Home Depot Inc. | 0.17% | 514 | $208K | New |
| ATO Atmos Energy Corp. | 0.16% | 1,200 | $205K | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.16% | 713 | $201K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| BMRN Biomarin Pharmaceutical Inc. | Sold out | 0.00% | −0.23 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.20 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -3.5% | 13.88% | −0.16 |
| IVW iShares S&P 500 Growth ETF | Reduce -4.0% | 13.78% | −0.13 |
| MSFT Microsoft Corp. | Reduce -4.0% | 0.79% | −0.05 |
| IVE iShares S&P 500 Value ETF | Reduce -0.4% | 5.08% | −0.05 |
| T AT&T Inc. | Reduce -0.2% | 0.28% | −0.03 |
| DVY iShares Select Dividend ETF | Reduce -1.2% | 1.55% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.4% | 0.34% | +0.01 |
| IBB iShares Biotechnology ETF | Reduce -3.5% | 0.36% | +0.01 |
| IWN iShares Russell 2000 Value E | Reduce -3.1% | 0.71% | +0.02 |
| IWO iShares Russell 2000 Growth | Reduce -3.1% | 3.68% | +0.08 |
| AAPL Apple Inc. | Reduce -0.4% | 1.83% | +0.26 |
| IVV iShares Core S&P 500 ETF | Reduce -0.4% | 25.69% | +0.26 |
Portfolio Buys Q2 2025 → Q3 2025
| STX Seagate Technology Holdings | New | 0.19% | +0.19 |
| HD Home Depot Inc. | New | 0.17% | +0.17 |
| ATO Atmos Energy Corp. | New | 0.16% | +0.16 |
| FDVV Fidelity High Dividend ETF | Add +0.2% | 5.54% | +0.05 |
| NVDA Nvidia Corp. | Add +1.7% | 0.36% | +0.04 |
| AMAT Applied Materials Inc. | Add +0.2% | 0.31% | +0.02 |
| GILD Gilead Sciences Inc. | Add +0.4% | 0.27% | −0.01 |
| CRM Salesforce Inc. | Add +0.1% | 0.18% | −0.04 |
| IEFA iShares Core MSCI Eafe ETF | Add +0.2% | 10.80% | −0.15 |
| AGG iShares Core U.S. Aggregate | Add +0.7% | 8.87% | −0.39 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 40 | $144.0M | IVV, QQQ, IVW, IEFA, AGG |
| Q1 2026 | 37 | $125.1M | IVV, QQQ, IVW, IEFA, AGG |
| Q4 2025 | 42 | $130.3M | IVV, IVW, QQQ, IEFA, AGG |
| Q3 2025 | 37 | $124.6M | IVV, QQQ, IVW, IEFA, AGG |
| Q2 2025 | 36 | $117.3M | IVV, QQQ, IVW, IEFA, AGG |
| Q1 2025 | 34 | $105.3M | IVV, QQQ, IVW, IEFA, AGG |
| Q4 2024 | 34 | $108.4M | IVV, QQQ, IVW, IEFA, AGG |