Clark Asset Management, LLC

Name: Clark Asset Management, LLC 13F holdings, Q1 2025
Creator: Clark Asset Management, LLC
Published: 2025-04-28

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 28, 2025), Clark Asset Management, LLC reported 157 stock positions worth $596.3 million. Its top holding was Vanguard Ftse Developed ETF (VEA) at 15.8% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 10.4%) and Vanguard Mrngstr Val ETF-Aui (VTV, 10.2%). Compared with Q4 2024, it opened 27 new positions, sold out of 8, added to 85 and reduced 24. The biggest buy was Vanguard Ftse Developed ETF (VEA, shares +15%) and the biggest sale an exit from iShares Core U.S. Aggregate (AGG).

Most Recent 13F: Q2 2026
Location: STRATHAM, NH
CIK: 0002062026
Portfolio Value: $596.3M (Q1 2025)
SEC Filing: 0002063364-25-000067 ↗ filed Apr 28, 2025

Holdings Value

Holdings 157 stocks · $596.3M


VEA Vanguard Ftse Developed ETF	15.81%	1,855,083	$94.3M	Add +15.2%
VUG Vanguard Mrngstar GR ETF-Sui	10.43%	167,710	$62.2M	Add +6.5%
VTV Vanguard Mrngstr Val ETF-Aui	10.23%	353,054	$61.0M	Add +8.7%
VWO Vanguard Ftse Emerging Marke	5.59%	736,312	$33.3M	Add +11.5%
BNDX Vanguard Total Intl Bond ETF	4.57%	557,748	$27.2M	Add +9.4%
BSV Vanguard Short-Term Bond ETF	4.50%	342,804	$26.8M	Add +9.3%
VB Vanguard Most SM-Cap ETF-Usd	4.06%	109,308	$24.2M	Add +13.2%
VTI VG Morningstar TS MKT ETF-US	2.82%	61,147	$16.8M	Add +10.0%
AAPL Apple Inc.	2.48%	66,674	$14.8M	Add +6.5%
VTEB Vanguard Tax-Exempt Bond ETF	2.44%	292,659	$14.5M	Add +31.3%
BIV Vanguard Intermediate-Term B	2.27%	176,498	$13.5M	Add +8.5%
BSCS Invesco Bulletshares 2028 CB	2.10%	615,320	$12.5M	Add +11.9%
BSCQ Invesco Bulletshares 2026 CB	2.01%	616,308	$12.0M	Add +9.0%
VMBS Vanguard Mortgage-Backed Sec	2.01%	258,422	$12.0M	Add +12.5%
BSCR Invesco Bulletshares 2027 CB	2.00%	609,319	$11.9M	Add +10.9%
BLV Vanguard Long-Term Bond ETF	2.00%	169,157	$11.9M	Add +12.3%
BSCP Invesco Bulletshares 2025 CB	1.93%	556,375	$11.5M	Add +7.1%
BSCT Invesco Bulletshares 2029 CB	1.78%	572,271	$10.6M	Add +16.4%
BSCU Invesco Bulletshares 2030 CB	1.39%	500,405	$8.3M	Add +16.9%
BSCV Invesco Bulletshares 2031 CB	1.04%	381,287	$6.2M	Add +19.6%
BSCW Invesco Bulletshares 2032 CB	0.75%	219,408	$4.5M	Add +18.3%
V Visa Inc. Class A	0.73%	12,447	$4.4M	Add +4.6%
MSFT Microsoft Corp.	0.67%	10,623	$4.0M	Add +10.1%
AMZN Amazon.com Inc.	0.64%	20,082	$3.8M	Add +2.6%
BSCX Invesco Bulletshares 2033 CB	0.63%	180,376	$3.8M	Add +21.9%
QQQ Invesco QQQ Trust Series 1	0.59%	7,508	$3.5M	Add +28.8%
VOO Vanguard S&P 500 ETF	0.54%	6,312	$3.2M	Add +25.5%
VEU Vanguard Ftse All-World Ex-U	0.52%	51,260	$3.1M	Reduce -12.3%
MA Mastercard Inc. Class A	0.46%	5,028	$2.8M	Add +2.9%
ITOT iShares Core S&P Total U.S.	0.42%	20,566	$2.5M	Reduce -9.3%
IVV iShares Core S&P 500 ETF	0.41%	4,365	$2.5M	Add +25.2%
BSCY Invesco Bulletshares 2034 CB	0.35%	100,999	$2.1M	Add +61.8%
META Meta Platforms Inc. Class A	0.33%	3,460	$2.0M	Add +85.1%
CDNS Cadence Design SYS Inc.	0.32%	7,408	$1.9M	Reduce -5.8%
NVDA Nvidia Corp.	0.29%	16,170	$1.8M	Add +40.8%
CMF iShares California Muni Bond	0.25%	26,098	$1.5M	Add +6.0%
AVUV Avantis US Small Cap Value	0.24%	16,725	$1.5M	Add +174.6%
SCHF Schwab Intl Equity ETF	0.23%	69,412	$1.4M	Reduce -0.0%
DFAC Dimensional US Core Equity 2	0.22%	40,609	$1.3M	No change
IXUS iShares Core Intl Stock ETF	0.21%	18,293	$1.3M	Reduce -4.7%
GOOG Alphabet Inc. Class C	0.21%	8,029	$1.3M	Add +48.5%
SCHB Schwab US Broad Market ETF	0.21%	57,259	$1.2M	Reduce -11.2%
DFUS Dimensional US Eq MKT ETF	0.19%	18,879	$1.1M	Add +0.0%
GOOGL Alphabet Inc. Class A	0.19%	7,349	$1.1M	Add +20.6%
DFEV Dimensional Emrg MRKT Val	0.17%	38,558	$1.0M	New
VXUS Vanguard Total Intl Stock	0.17%	16,341	$1.0M	Reduce -46.9%
AVDV Avantis Intl S/C Value ETF	0.17%	14,535	$1.0M	Add +336.4%
SPY SS SPDR S&P 500 ETF Trust-US	0.17%	1,794	$1.0M	Add +190.3%
JNJ Johnson & Johnson	0.16%	5,859	$972K	Add +5.6%
BSMV Invesco Bulletshares 2031 MB	0.15%	44,530	$923K	Add +0.4%
GLDM SPDR Gold Minishares Trust	0.15%	14,647	$907K	New
BSMU Invesco Bulletshares 2030 MB	0.15%	42,003	$906K	Add +0.7%
VIG Vanguard Dividend Apprec ETF	0.15%	4,665	$905K	Add +32.9%
HD Home Depot Inc.	0.15%	2,439	$894K	Add +50.8%
DFIV Dimensional International Va	0.15%	22,552	$888K	Add +10.1%
ROE Ast US Eq WGT QLTY Kings ETF	0.14%	29,474	$863K	New
BND Vanguard Total Bond Market	0.14%	11,533	$847K	Reduce -53.9%
EFAV iShares MSCI Eafe Min Vol Fa	0.14%	10,799	$841K	New
SPLV Invesco S&P 500 Low Volatili	0.14%	11,200	$837K	No change
BRK.B Berkshire Hathaway Inc. Class B	0.14%	1,566	$834K	Add +13.8%
BSMW Invesco Bulletshares 2032 MB	0.14%	33,664	$828K	Add +36.0%
DFAX Dimensional World Ex US Core	0.14%	31,535	$826K	No change
SPDW Ste STR SPDR PT DW Eu ETF	0.14%	22,437	$817K	Add +147.8%
IAGG iShares Intl Aggregate Bond	0.13%	16,060	$803K	Reduce -4.5%
BSMT Invesco Bulletshares 2029 MB	0.13%	35,294	$803K	Add +0.7%
BRK.A Berkshire Hathaway Inc. Class A	0.13%	1	$798K	New
VFMF Vanguard US Multifactor ETF	0.13%	6,216	$785K	Add +1.1%
DFAS Dimensional US Small Cap ETF	0.13%	12,764	$763K	Add +0.1%
DFUV Dimensional US Marketwide Va	0.13%	18,234	$751K	No change
BSMS Invesco Bulletshares 2028 MB	0.13%	32,276	$748K	Add +0.4%
NFLX Netflix Inc.	0.12%	787	$734K	Reduce -9.8%
TSLA Tesla Inc.	0.12%	2,749	$712K	Reduce -19.3%
DFAT Dimensional US Target Value	0.12%	13,353	$688K	Add +0.1%
GLD SPDR Gold Shares	0.11%	2,329	$671K	Add +46.7%
HYMB SS SPDR N Ice HY Muni ETF	0.11%	26,599	$671K	New
SPTS SS SPDR P St Term TSY ETF	0.11%	22,790	$666K	Reduce -4.1%
JPM JPMorgan Chase & Co.	0.10%	2,540	$623K	Add +44.1%
SPTI SS SPDR P Int Term TSY ETF	0.10%	20,165	$576K	Add +75.1%
VCIT Vanguard Int-Term Corporate	0.09%	6,740	$551K	Add +0.4%
BSMR Invesco Bulletshares 2027 MB	0.09%	22,587	$532K	Add +0.6%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.09%	2,027	$524K	Add +0.3%
LLY Eli Lilly & Co.	0.09%	616	$509K	Add +35.1%
BSMQ Invesco Bulletshares 2026 MB	0.08%	21,417	$506K	Add +0.6%
VYM Vanguard High DVD Yield ETF	0.08%	3,895	$502K	Add +68.6%
VNQ Vanguard Real Estate ETF	0.08%	5,430	$492K	Add +23.9%
BTAL Agf US Market Neutral Anti-B	0.08%	23,382	$487K	New
DGRW Wisdomtree U.S. Quality Divi	0.08%	6,032	$482K	New
IJR iShares Core S&P Small-Cap E	0.08%	4,578	$479K	Add +88.9%
DFLV Dim US Large Cap Value ETF	0.08%	15,444	$472K	No change
BR Broadridge Financial Solutio	0.07%	1,828	$443K	Add +7.3%
IEMG iShares Core MSCI Emerging	0.07%	8,126	$439K	Reduce -6.0%
ADI Analog Devices Inc.	0.07%	2,164	$436K	Add +12.5%
DFAE Dimensional Emerging Core Eq	0.07%	16,752	$434K	No change
IEFA iShares Core MSCI Eafe ETF	0.07%	5,699	$431K	Reduce -65.4%
SPTL SS SPDR PF LNG TRM TSY E-Usd	0.07%	15,387	$419K	Add +26.2%
KBWB Invesco KBW Bank ETF	0.07%	6,464	$406K	Add +0.7%
SPGP Invesco S&P 500 Garp ETF	0.07%	4,003	$400K	New
QUAL iShares MSCI USA Quality Fac	0.07%	2,333	$399K	Add +24.6%
IHDG Wisdomtree International Hed	0.07%	9,088	$394K	New
IWB iShares Russell 1000 ETF	0.07%	1,277	$392K	Add +76.4%

Show all 157 holdings

Portfolio Sells Q4 2024 → Q1 2025


AGG iShares Core U.S. Aggregate	Sold out	0.00%	−0.19
BND Vanguard Total Bond Market	Reduce -53.9%	0.14%	−0.19
VXUS Vanguard Total Intl Stock	Reduce -46.9%	0.17%	−0.17
IEFA iShares Core MSCI Eafe ETF	Reduce -65.4%	0.07%	−0.14
TSLA Tesla Inc.	Reduce -19.3%	0.12%	−0.14
CDNS Cadence Design SYS Inc.	Reduce -5.8%	0.32%	−0.13
ITOT iShares Core S&P Total U.S.	Reduce -9.3%	0.42%	−0.12
VEU Vanguard Ftse All-World Ex-U	Reduce -12.3%	0.52%	−0.11
VXF Vanguard Extended Market ETF	Sold out	0.00%	−0.11
ON On Semiconductor	Reduce -52.1%	0.04%	−0.10
SCHB Schwab US Broad Market ETF	Reduce -11.2%	0.21%	−0.07
IYR iShares US Real Estate ETF	Sold out	0.00%	−0.06
BKE The Buckle Inc.	Sold out	0.00%	−0.05
MUB iShares National Muni Bond E	Reduce -35.7%	0.06%	−0.05
APO Apollo Global Management Inc.	Sold out	0.00%	−0.04
MTUM iShares MSCI USA Momentum Fa	Sold out	0.00%	−0.04
VGT Vanguard Info Tech ETF	Sold out	0.00%	−0.04
VBK Van Morst SML-Cap Gro-Usd Inc.	Sold out	0.00%	−0.04
IXUS iShares Core Intl Stock ETF	Reduce -4.7%	0.21%	−0.02
IAGG iShares Intl Aggregate Bond	Reduce -4.5%	0.13%	−0.02
NFLX Netflix Inc.	Reduce -9.8%	0.12%	−0.02
IWM iShares Russell 2000 ETF	Reduce -15.8%	0.04%	−0.02
CRM Salesforce Inc.	Reduce -8.0%	0.03%	−0.02
SPTS SS SPDR P St Term TSY ETF	Reduce -4.1%	0.11%	−0.02
EEM iShares MSCI Emerging Market	Reduce -17.9%	0.04%	−0.01
IEMG iShares Core MSCI Emerging	Reduce -6.0%	0.07%	−0.01
SCHF Schwab Intl Equity ETF	Reduce -0.0%	0.23%	−0.01
BAC Bank of America Corp.	Reduce -1.0%	0.04%	−0.01
MBB iShares MBS ETF	Reduce -4.7%	0.05%	−0.01
UNH Unitedhealth Group Inc.	Reduce -5.5%	0.05%	−0.01
IVE iShares S&P 500 Value ETF	Reduce -3.1%	0.04%	−0.01
VSGX Vanguard ESG Intl Stock ETF	Reduce -1.0%	0.05%	−0.00

Portfolio Buys Q4 2024 → Q1 2025


VEA Vanguard Ftse Developed ETF	Add +15.2%	15.81%	+1.43
VTEB Vanguard Tax-Exempt Bond ETF	Add +31.3%	2.44%	+0.35
DFEV Dimensional Emrg MRKT Val	New	0.17%	+0.17
VWO Vanguard Ftse Emerging Marke	Add +11.5%	5.59%	+0.15
GLDM SPDR Gold Minishares Trust	New	0.15%	+0.15
ROE Ast US Eq WGT QLTY Kings ETF	New	0.14%	+0.14
EFAV iShares MSCI Eafe Min Vol Fa	New	0.14%	+0.14
AVUV Avantis US Small Cap Value	Add +174.6%	0.24%	+0.13
BRK.A Berkshire Hathaway Inc. Class A	New	0.13%	+0.13
META Meta Platforms Inc. Class A	Add +85.1%	0.33%	+0.13
AVDV Avantis Intl S/C Value ETF	Add +336.4%	0.17%	+0.13
HYMB SS SPDR N Ice HY Muni ETF	New	0.11%	+0.11
BSCY Invesco Bulletshares 2034 CB	Add +61.8%	0.35%	+0.11
SPY SS SPDR S&P 500 ETF Trust-US	Add +190.3%	0.17%	+0.10
BSCT Invesco Bulletshares 2029 CB	Add +16.4%	1.78%	+0.09
BSCV Invesco Bulletshares 2031 CB	Add +19.6%	1.04%	+0.09
BSCU Invesco Bulletshares 2030 CB	Add +16.9%	1.39%	+0.08
BTAL Agf US Market Neutral Anti-B	New	0.08%	+0.08
DGRW Wisdomtree U.S. Quality Divi	New	0.08%	+0.08
SPDW Ste STR SPDR PT DW Eu ETF	Add +147.8%	0.14%	+0.08
BLV Vanguard Long-Term Bond ETF	Add +12.3%	2.00%	+0.07
SPGP Invesco S&P 500 Garp ETF	New	0.07%	+0.07
IHDG Wisdomtree International Hed	New	0.07%	+0.07
BSCX Invesco Bulletshares 2033 CB	Add +21.9%	0.63%	+0.06
ABBV Abbvie Inc.	New	0.06%	+0.06
VMBS Vanguard Mortgage-Backed Sec	Add +12.5%	2.01%	+0.06
MCD McDonald's Corp.	New	0.06%	+0.06
IWF iShares Russell 1000 Growth	New	0.05%	+0.05
BSCW Invesco Bulletshares 2032 CB	Add +18.3%	0.75%	+0.05
CVX Chevron Corp.	New	0.05%	+0.05
ABT Abbott Laboratories	New	0.05%	+0.05
MUNI PIMCO Intermediate Municipal	New	0.05%	+0.05
XOM Exxon Mobil Corp.	New	0.05%	+0.05
SPIB SS SPDR P Int C Corp. ETF	New	0.04%	+0.04
PPI Astoria Real Assets ETF	New	0.04%	+0.04
GLD SPDR Gold Shares	Add +46.7%	0.11%	+0.04
VOO Vanguard S&P 500 ETF	Add +25.5%	0.54%	+0.04
SPTI SS SPDR P Int Term TSY ETF	Add +75.1%	0.10%	+0.04
SPYM Ste STR SPDR PT S&P 500 ETF	New	0.04%	+0.04
SYK Stryker Corp.	New	0.04%	+0.04
AVUS Avantis U.S. Equity ETF	New	0.04%	+0.04
IUSB Ishr CR Unvrse Usd BD ETF-Ui	New	0.03%	+0.03
USMV iShares MSCI USA Min Vol Fac	New	0.03%	+0.03
QCOM Qualcomm Inc.	New	0.03%	+0.03
IJJ iShares S&P Mid-Cap 400 Valu	New	0.03%	+0.03
WEC WEC Energy Group Inc.	New	0.03%	+0.03
QQQ Invesco QQQ Trust Series 1	Add +28.8%	0.59%	+0.03
HD Home Depot Inc.	Add +50.8%	0.15%	+0.03
BSCS Invesco Bulletshares 2028 CB	Add +11.9%	2.10%	+0.03
VYM Vanguard High DVD Yield ETF	Add +68.6%	0.08%	+0.03

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	294	$1.3B	VEA, VUG, VTV, VWO, VB
Q1 2026	267	$1.1B	VEA, VTV, VUG, VWO, VB
Q4 2025	237	$963.3M	VEA, VUG, VTV, VWO, VB
Q3 2025	208	$860.4M	VEA, VUG, VTV, VWO, VB
Q2 2025	197	$733.7M	VEA, VUG, VTV, VWO, BNDX
Q1 2025	157	$596.3M	VEA, VUG, VTV, VWO, BNDX
Q4 2024	138	$535.3M	VEA, VUG, VTV, VWO, BNDX
Q3 2024	122	$465.6M	VEA, VUG, VTV, VWO, BNDX
Q2 2024	96	$361.0M	VEA, VUG, VTV, VWO, BSV
Q1 2024	86	$325.5M	VEA, VUG, VTV, BSV, VWO