Clark Asset Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 27, 2026), Clark Asset Management, LLC reported 237 stock positions worth $963.3 million. Its top holding was Vanguard Ftse Developed ETF (VEA) at 15.2% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 10.1%) and Vanguard Mrngstr Val ETF-Aui (VTV, 9.1%). Compared with Q3 2025, it opened 41 new positions, sold out of 12, added to 108 and reduced 50. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +76%) and the biggest sale an exit from Invesco Bulletshares 2025 CB (BSCP).
- Most Recent 13F
- Q2 2026
- Location
- STRATHAM, NH
- CIK
- 0002062026
- Portfolio Value
- $963.3M (Q4 2025)
- SEC Filing
- 0002063364-26-000031 ↗ filed Jan 27, 2026
Holdings Value
Holdings 237 stocks · $963.3M
| VEA Vanguard Ftse Developed ETF | 15.18% | 2,341,248 | $146.3M | Add +7.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 10.06% | 198,665 | $96.9M | Add +2.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 9.08% | 457,865 | $87.4M | Add +7.5% |
| VWO Vanguard Ftse Emerging Marke | 5.34% | 957,427 | $51.5M | Add +8.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 4.10% | 153,222 | $39.5M | Add +11.5% |
| BNDX Vanguard Total Intl Bond ETF | 3.92% | 780,698 | $37.7M | Add +15.8% |
| BSV Vanguard Short-Term Bond ETF | 3.83% | 468,403 | $36.9M | Add +14.3% |
| VTI VG Morningstar TS MKT ETF-US | 3.27% | 93,891 | $31.5M | Add +75.8% |
| AAPL Apple Inc. | 2.84% | 100,525 | $27.3M | Add +14.3% |
| BSCS Invesco Bulletshares 2028 CB | 2.06% | 963,241 | $19.8M | Add +14.0% |
| BSCR Invesco Bulletshares 2027 CB | 2.05% | 1,000,695 | $19.8M | Add +16.5% |
| BSCT Invesco Bulletshares 2029 CB | 1.96% | 1,001,898 | $18.9M | Add +19.5% |
| BIV Vanguard Intermediate-Term B | 1.89% | 233,197 | $18.2M | Add +13.2% |
| BSCQ Invesco Bulletshares 2026 CB | 1.87% | 918,609 | $18.0M | Add +11.6% |
| VMBS Vanguard Mortgage-Backed Sec | 1.73% | 354,406 | $16.7M | Add +14.5% |
| BLV Vanguard Long-Term Bond ETF | 1.70% | 235,891 | $16.4M | Add +15.8% |
| BSCU Invesco Bulletshares 2030 CB | 1.67% | 951,611 | $16.1M | Add +20.2% |
| VTEB Vanguard Tax-Exempt Bond ETF | 1.61% | 307,667 | $15.5M | Add +3.3% |
| BSCV Invesco Bulletshares 2031 CB | 1.33% | 769,745 | $12.9M | Add +23.5% |
| VOO Vanguard S&P 500 ETF | 1.24% | 19,055 | $11.9M | Reduce -5.2% |
| MSFT Microsoft Corp. | 1.11% | 22,139 | $10.7M | Add +12.3% |
| BSCW Invesco Bulletshares 2032 CB | 0.91% | 418,701 | $8.7M | Add +24.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.80% | 12,608 | $7.7M | Add +16.1% |
| AMZN Amazon.com Inc. | 0.80% | 33,359 | $7.7M | Add +29.6% |
| BSCX Invesco Bulletshares 2033 CB | 0.78% | 351,203 | $7.5M | Add +21.6% |
| SCHB Schwab US Broad Market ETF | 0.65% | 239,110 | $6.3M | Add +349.0% |
| BSCY Invesco Bulletshares 2034 CB | 0.57% | 260,494 | $5.5M | Add +27.8% |
| NVDA Nvidia Corp. | 0.50% | 26,029 | $4.9M | Add +6.5% |
| ITOT iShares Core S&P Total U.S. | 0.43% | 27,866 | $4.1M | Add +0.1% |
| DFAC Dimensional US Core Equity 2 | 0.43% | 104,312 | $4.1M | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 0.42% | 6,142 | $4.1M | Add +66.3% |
| DFUS Dimensional US Eq MKT ETF | 0.41% | 53,607 | $4.0M | Add +0.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.40% | 51,984 | $3.8M | Add +1.1% |
| GOOGL Alphabet Inc. Class A | 0.39% | 12,141 | $3.8M | Add +17.5% |
| GOOG Alphabet Inc. Class C | 0.39% | 11,926 | $3.7M | Add +32.8% |
| V Visa Inc. Class A | 0.38% | 10,368 | $3.6M | Reduce -16.2% |
| JPM JPMorgan Chase & Co. | 0.34% | 10,307 | $3.3M | Add +29.9% |
| MA Mastercard Inc. Class A | 0.30% | 5,120 | $2.9M | Add +0.1% |
| HD Home Depot Inc. | 0.29% | 8,163 | $2.8M | Add +7.5% |
| IVV iShares Core S&P 500 ETF | 0.28% | 3,920 | $2.7M | Reduce -12.2% |
| DFUV Dimensional US Marketwide Va | 0.27% | 54,841 | $2.6M | Add +107.5% |
| TSLA Tesla Inc. | 0.26% | 5,645 | $2.5M | Reduce -6.6% |
| JNJ Johnson & Johnson | 0.24% | 11,032 | $2.3M | Add +2.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.24% | 3 | $2.3M | No change |
| DFIV Dimensional International Va | 0.22% | 43,310 | $2.2M | Add +69.2% |
| BSCZ Invesco Bulletshares 2035 CB | 0.22% | 101,610 | $2.1M | Add +105.2% |
| VXUS Vanguard Total Intl Stock | 0.22% | 27,646 | $2.1M | Add +36.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.21% | 3,932 | $2.0M | Reduce -2.1% |
| CDNS Cadence Design SYS Inc. | 0.20% | 6,299 | $2.0M | No change |
| DE Deere & Co. | 0.19% | 4,011 | $1.9M | Reduce -0.3% |
| DFAT Dimensional US Target Value | 0.19% | 30,054 | $1.8M | Add +45.5% |
| BSMT Invesco Bulletshares 2029 MB | 0.18% | 74,852 | $1.7M | Add +34.0% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.17% | 9,382 | $1.7M | Add +384.9% |
| NSC Norfolk Southern Corp. | 0.17% | 5,521 | $1.6M | Add +0.0% |
| IXUS iShares Core Intl Stock ETF | 0.16% | 18,293 | $1.5M | No change |
| BSMS Invesco Bulletshares 2028 MB | 0.16% | 64,723 | $1.5M | Add +16.4% |
| AVUV Avantis US Small Cap Value | 0.16% | 14,717 | $1.5M | Reduce -2.6% |
| SCHF Schwab Intl Equity ETF | 0.15% | 61,603 | $1.5M | Reduce -25.3% |
| RSP Invesco S&P 500 Equal Weight | 0.15% | 7,659 | $1.5M | New |
| BSMV Invesco Bulletshares 2031 MB | 0.15% | 67,587 | $1.4M | Add +1.7% |
| BSMU Invesco Bulletshares 2030 MB | 0.15% | 64,455 | $1.4M | Add +0.9% |
| DFEV Dimensional Emrg MRKT Val | 0.14% | 39,563 | $1.3M | No change |
| EQAL Invesco Russell 1000 Equal W | 0.13% | 24,192 | $1.3M | New |
| IEFA iShares Core MSCI Eafe ETF | 0.13% | 13,587 | $1.2M | Add +19.8% |
| CMF iShares California Muni Bond | 0.13% | 21,132 | $1.2M | Add +0.1% |
| GLDM SPDR Gold Minishares Trust | 0.12% | 14,062 | $1.2M | Add +1.7% |
| DFAS Dimensional US Small Cap ETF | 0.12% | 17,022 | $1.2M | Add +33.2% |
| BSMW Invesco Bulletshares 2032 MB | 0.12% | 47,192 | $1.2M | Add +3.7% |
| AVDV Avantis Intl S/C Value ETF | 0.12% | 11,971 | $1.1M | Reduce -0.1% |
| BSMR Invesco Bulletshares 2027 MB | 0.12% | 46,892 | $1.1M | Add +2.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.11% | 3,566 | $1.1M | Add +0.7% |
| GLD SPDR Gold Shares | 0.11% | 2,592 | $1.0M | Reduce -7.7% |
| DFAX Dimensional World Ex US Core | 0.11% | 31,138 | $1.0M | Reduce -12.8% |
| TT Trane Technologies PLC | 0.10% | 2,586 | $1.0M | Reduce -14.3% |
| VFMF Vanguard US Multifactor ETF | 0.10% | 6,338 | $955K | Add +0.6% |
| BSSX Invesco Bulletshares 2033 MB | 0.10% | 36,615 | $947K | Add +85.4% |
| PG The Procter & Gamble Co. | 0.10% | 6,516 | $934K | Add +3.8% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.10% | 10,799 | $931K | No change |
| AVGO Broadcom Inc. | 0.10% | 2,648 | $917K | Add +32.4% |
| DFIC Dimensional International Co. | 0.09% | 26,251 | $905K | Add +0.4% |
| GAP The Gap Inc. | 0.09% | 34,529 | $884K | No change |
| IEMG iShares Core MSCI Emerging | 0.09% | 12,835 | $863K | Add +13.1% |
| IWM iShares Russell 2000 ETF | 0.09% | 3,450 | $849K | Reduce -8.1% |
| BSMY Invesco Bulletshares 2034 MB | 0.09% | 33,711 | $829K | Add +124.6% |
| CAT Caterpillar Inc. | 0.08% | 1,418 | $812K | Add +1.4% |
| LLY Eli Lilly & Co. | 0.08% | 745 | $801K | Add +0.9% |
| SPLV Invesco S&P 500 Low Volatili | 0.08% | 11,200 | $800K | No change |
| ADI Analog Devices Inc. | 0.08% | 2,916 | $791K | Add +0.6% |
| ABBV Abbvie Inc. | 0.08% | 3,429 | $784K | Add +1.6% |
| AMAT Applied Materials Inc. | 0.08% | 3,036 | $780K | New |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.08% | 17,382 | $772K | Reduce -18.4% |
| XOM Exxon Mobil Corp. | 0.08% | 6,349 | $764K | Add +7.2% |
| BND Vanguard Total Bond Market | 0.08% | 10,249 | $759K | Add +18.6% |
| NFLX Netflix Inc. | 0.08% | 7,937 | $744K | Add +0.7% |
| MCD McDonald's Corp. | 0.08% | 2,394 | $732K | Add +12.3% |
| VNQ Vanguard Real Estate ETF | 0.08% | 8,202 | $726K | Add +147.9% |
| EMR Emerson Electric Co. | 0.07% | 5,422 | $720K | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.07% | 1,475 | $709K | No change |
| QUAL iShares MSCI USA Quality Fac | 0.07% | 3,495 | $694K | New |
| COST Costco Wholesale Corp. | 0.07% | 792 | $683K | Add +74.1% |
Portfolio Sells Q3 2025 → Q4 2025
| BSCP Invesco Bulletshares 2025 CB | Sold out | 0.00% | −2.12 |
| VOO Vanguard S&P 500 ETF | Reduce -5.2% | 1.24% | −0.19 |
| V Visa Inc. Class A | Reduce -16.2% | 0.38% | −0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -54.3% | 0.06% | −0.08 |
| SCHF Schwab Intl Equity ETF | Reduce -25.3% | 0.15% | −0.07 |
| IVV iShares Core S&P 500 ETF | Reduce -12.2% | 0.28% | −0.07 |
| ET Energy Transfer LP | Sold out | 0.00% | −0.06 |
| NOBL Proshares S&P 500 Dividend A | Reduce -59.9% | 0.03% | −0.06 |
| TSLA Tesla Inc. | Reduce -6.6% | 0.26% | −0.05 |
| BAC Bank of America Corp. | Reduce -52.5% | 0.04% | −0.04 |
| TT Trane Technologies PLC | Reduce -14.3% | 0.10% | −0.04 |
| BTAL Agf US Market Neutral Anti-B | Sold out | 0.00% | −0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.04 |
| BSMQ Invesco Bulletshares 2026 MB | Reduce -34.5% | 0.06% | −0.04 |
| DFAC Dimensional US Core Equity 2 | Reduce -0.6% | 0.43% | −0.04 |
| VIG Vanguard Dividend Apprec ETF | Reduce -33.2% | 0.06% | −0.04 |
| ROE Ast US Eq WGT QLTY Kings ETF | Reduce -36.4% | 0.06% | −0.04 |
| RTX RTX Corp. | Reduce -58.5% | 0.03% | −0.04 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.04 |
| IWF iShares Russell 1000 Growth | Reduce -32.4% | 0.05% | −0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -35.3% | 0.04% | −0.03 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Sold out | 0.00% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.1% | 0.21% | −0.03 |
| VYM Vanguard High DVD Yield ETF | Reduce -40.3% | 0.03% | −0.03 |
| BSMP Invesco Bulletshares 2025 MB | Sold out | 0.00% | −0.03 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -18.4% | 0.08% | −0.03 |
| SHY iShares 1-3 Year Treasury Bo | Sold out | 0.00% | −0.02 |
| SLV iShares Silver Trust | Sold out | 0.00% | −0.02 |
| WEC WEC Energy Group Inc. | Sold out | 0.00% | −0.02 |
| DFAX Dimensional World Ex US Core | Reduce -12.8% | 0.11% | −0.02 |
| FVD First Trust Value Line DVD | Sold out | 0.00% | −0.02 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.02 |
| SPTS SS SPDR P St Term TSY ETF | Reduce -22.1% | 0.05% | −0.02 |
| DE Deere & Co. | Reduce -0.3% | 0.19% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -18.1% | 0.06% | −0.02 |
| AVUV Avantis US Small Cap Value | Reduce -2.6% | 0.16% | −0.02 |
| IAGG iShares Intl Aggregate Bond | Reduce -14.3% | 0.05% | −0.02 |
| IWM iShares Russell 2000 ETF | Reduce -8.1% | 0.09% | −0.02 |
| VT Vanguard Tot World STK ETF | Reduce -23.1% | 0.03% | −0.01 |
| ABT Abbott Laboratories | Reduce -3.7% | 0.05% | −0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -23.0% | 0.02% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -21.3% | 0.03% | −0.01 |
| PPI Astoria Real Assets ETF | Reduce -28.5% | 0.02% | −0.01 |
| IHDG Wisdomtree International Hed | Reduce -21.0% | 0.03% | −0.01 |
| MBB iShares MBS ETF | Reduce -18.9% | 0.03% | −0.01 |
| VCIT Vanguard Int-Term Corporate | Reduce -4.5% | 0.06% | −0.01 |
| GLD SPDR Gold Shares | Reduce -7.7% | 0.11% | −0.01 |
| CL Colgate-Palmolive Co. | Reduce -0.4% | 0.06% | −0.01 |
| AVDV Avantis Intl S/C Value ETF | Reduce -0.1% | 0.12% | −0.01 |
| IWB iShares Russell 1000 ETF | Reduce -6.2% | 0.04% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| VTI VG Morningstar TS MKT ETF-US | Add +75.8% | 3.27% | +1.23 |
| SCHB Schwab US Broad Market ETF | Add +349.0% | 0.65% | +0.49 |
| AAPL Apple Inc. | Add +14.3% | 2.84% | +0.23 |
| RSP Invesco S&P 500 Equal Weight | New | 0.15% | +0.15 |
| AMZN Amazon.com Inc. | Add +29.6% | 0.80% | +0.14 |
| GOOG Alphabet Inc. Class C | Add +32.8% | 0.39% | +0.13 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +384.9% | 0.17% | +0.13 |
| EQAL Invesco Russell 1000 Equal W | New | 0.13% | +0.13 |
| DFUV Dimensional US Marketwide Va | Add +107.5% | 0.27% | +0.13 |
| BSCT Invesco Bulletshares 2029 CB | Add +19.5% | 1.96% | +0.13 |
| BSCV Invesco Bulletshares 2031 CB | Add +23.5% | 1.33% | +0.13 |
| BSCU Invesco Bulletshares 2030 CB | Add +20.2% | 1.67% | +0.12 |
| META Meta Platforms Inc. Class A | Add +66.3% | 0.42% | +0.11 |
| GOOGL Alphabet Inc. Class A | Add +17.5% | 0.39% | +0.10 |
| BSCZ Invesco Bulletshares 2035 CB | Add +105.2% | 0.22% | +0.10 |
| BSCW Invesco Bulletshares 2032 CB | Add +24.4% | 0.91% | +0.09 |
| DFIV Dimensional International Va | Add +69.2% | 0.22% | +0.09 |
| BSCR Invesco Bulletshares 2027 CB | Add +16.5% | 2.05% | +0.08 |
| AMAT Applied Materials Inc. | New | 0.08% | +0.08 |
| BSV Vanguard Short-Term Bond ETF | Add +14.3% | 3.83% | +0.07 |
| QUAL iShares MSCI USA Quality Fac | New | 0.07% | +0.07 |
| BSCY Invesco Bulletshares 2034 CB | Add +27.8% | 0.57% | +0.07 |
| BSCX Invesco Bulletshares 2033 CB | Add +21.6% | 0.78% | +0.06 |
| IUSG iShares Core S&P U.S. Growth | New | 0.06% | +0.06 |
| IJS iShares S&P Small-Cap 600 Va | New | 0.06% | +0.06 |
| JPM JPMorgan Chase & Co. | Add +29.9% | 0.34% | +0.05 |
| IUSV iShares Core S&P U.S. Value | New | 0.05% | +0.05 |
| IJT iShares S&P Small-Cap 600 GR | New | 0.05% | +0.05 |
| DFAT Dimensional US Target Value | Add +45.5% | 0.19% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +16.1% | 0.80% | +0.05 |
| XLF SS Financial Select Sector | New | 0.04% | +0.04 |
| BSMY Invesco Bulletshares 2034 MB | Add +124.6% | 0.09% | +0.04 |
| VXUS Vanguard Total Intl Stock | Add +36.4% | 0.22% | +0.04 |
| VMBS Vanguard Mortgage-Backed Sec | Add +14.5% | 1.73% | +0.04 |
| PHM Pultegroup Inc. | New | 0.04% | +0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +11.5% | 4.10% | +0.04 |
| BSCS Invesco Bulletshares 2028 CB | Add +14.0% | 2.06% | +0.04 |
| VNQ Vanguard Real Estate ETF | Add +147.9% | 0.08% | +0.04 |
| BSSX Invesco Bulletshares 2033 MB | Add +85.4% | 0.10% | +0.04 |
| BNDX Vanguard Total Intl Bond ETF | Add +15.8% | 3.92% | +0.04 |
| HCC Warrior Met Coal Inc. | New | 0.04% | +0.04 |
| DFLV Dim US Large Cap Value ETF | New | 0.04% | +0.04 |
| ORLY O'reilly Automotive Inc. | New | 0.04% | +0.04 |
| BX Blackstone Inc. | New | 0.04% | +0.04 |
| IQDF NT Intl Qual Div ETF | New | 0.03% | +0.03 |
| COR Cencora Inc. | New | 0.03% | +0.03 |
| BSMT Invesco Bulletshares 2029 MB | Add +34.0% | 0.18% | +0.03 |
| HWKN Hawkins Inc. | New | 0.03% | +0.03 |
| UVE Universal Insurance Holdings | New | 0.03% | +0.03 |
| XLC SS Comm Select Sector SPDR | New | 0.03% | +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 |