Cutler Investment Counsel LLC

Name: CUTLER INVESTMENT COUNSEL LLC 13F holdings, Q1 2026
Creator: CUTLER INVESTMENT COUNSEL LLC
Published: 2026-05-07

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

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 7, 2026), Cutler Investment Counsel LLC reported 146 stock positions worth $971.1 million. Its top holding was Vngrd Mrngstr MD-Cap ETF-Usd (VO) at 4.8% of the portfolio, followed by iShares 1-5Y Inv Grade (IGSB, 4.6%) and iShares Core MSCI Eafe ETF (IEFA, 4.6%). Compared with Q4 2025, it opened 8 new positions, sold out of 5, added to 44 and reduced 73. The biggest buy was a new position in Phillips 66 (PSX) and the biggest sale Microsoft (MSFT, shares −1%).

Most Recent 13F: Q2 2026
Location: Jacksonville, OR
CIK: 0001285973
Portfolio Value: $971.1M (Q1 2026)
SEC Filing: 0002085853-26-000576 ↗ filed May 7, 2026

Holdings Value

Holdings 146 stocks · $971.1M


VO Vngrd Mrngstr MD-Cap ETF-Usd	4.77%	161,267	$46.3M	Reduce -0.2%
IGSB iShares 1-5Y Inv Grade Corp.	4.62%	853,088	$44.8M	Add +1.5%
IEFA iShares Core MSCI Eafe ETF	4.58%	490,822	$44.4M	Reduce -1.5%
SPEM State Street SP PTF Em ETF	3.87%	801,642	$37.6M	Reduce -1.8%
JIRE JPMorgan Int Res Enh Eqty	3.65%	467,420	$35.4M	Add +0.5%
IUSG iShares Core S&P U.S. Growth	3.01%	188,165	$29.2M	Reduce -2.3%
SPAB SS SPDR P Agg Bond ETF	2.95%	1,118,858	$28.7M	Add +1.4%
WMT Walmart Inc.	2.79%	217,517	$27.1M	Reduce -1.7%
CAT Caterpillar Inc.	2.76%	37,823	$26.8M	Reduce -19.8%
VUG Vanguard Mrngstar GR ETF-Sui	2.65%	58,824	$25.7M	Reduce -1.2%
IJR iShares Core S&P Small-Cap E	2.63%	205,385	$25.5M	Add +1.3%
GOVT iShares US Treasury Bond ETF	2.62%	1,111,849	$25.5M	Add +0.8%
MSFT Microsoft Corp.	2.58%	67,557	$25.0M	Reduce -1.1%
RTX RTX Corp.	2.28%	114,965	$22.2M	Reduce -1.2%
XOM Exxon Mobil Corp.	2.08%	119,008	$20.2M	Reduce -0.4%
DE Deere & Co.	1.88%	32,350	$18.3M	Reduce -1.3%
SCHW Schwab (charles) Corp.	1.80%	186,331	$17.5M	Reduce -0.9%
RSG Republic Services Inc.	1.75%	77,527	$17.0M	Reduce -1.7%
BLK BlackRock Inc.	1.73%	17,500	$16.8M	Reduce -2.0%
MCD McDonald's Corp.	1.61%	50,344	$15.6M	Reduce -1.4%
HD Home Depot Inc.	1.56%	46,205	$15.2M	Reduce -1.3%
CVX Chevron Corp.	1.40%	65,806	$13.6M	Reduce -2.9%
JPM JPMorgan Chase & Co.	1.39%	45,921	$13.5M	Add +0.0%
KR Kroger Co.	1.30%	174,996	$12.7M	Reduce -1.4%
NEE Nextera Energy Inc.	1.28%	134,355	$12.5M	Reduce -0.7%
JNJ Johnson & Johnson	1.25%	49,823	$12.2M	Reduce -0.7%
VZ Verizon Communications Inc.	1.21%	233,509	$11.7M	Reduce -1.3%
SPYM Ste STR SPDR PT S&P 500 ETF	1.15%	145,782	$11.2M	Add +6.0%
TXN Texas Instruments Inc.	1.13%	56,340	$10.9M	Reduce -1.2%
CVS CVS Health Corp.	1.11%	149,514	$10.7M	Reduce -1.4%
MRK Merck & Co. Inc.	1.09%	87,631	$10.6M	Reduce -1.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	1.06%	42,397	$10.3M	Reduce -0.6%
MDT Medtronic PLC	1.03%	114,878	$10.0M	Reduce -2.2%
RPG Invesco S&P 500 Pure Growth	0.99%	205,947	$9.6M	Reduce -5.9%
PNC PNC Financial Services Group	0.94%	44,063	$9.2M	Reduce -1.1%
VSS Vanguard Ftse All Wo X-US SC	0.93%	62,165	$9.1M	Add +0.5%
IVV iShares Core S&P 500 ETF	0.93%	13,861	$9.1M	Add +2.4%
PEP Pepsico Inc.	0.90%	56,564	$8.8M	Reduce -1.4%
PG The Procter & Gamble Co.	0.89%	59,528	$8.6M	Reduce -1.0%
EMLC Vaneck JPM Em Local Curr BND	0.86%	333,138	$8.4M	Reduce -1.1%
REET iShares Global REIT ETF	0.86%	330,801	$8.3M	Add +2.2%
CARR Carrier Global Corp.	0.84%	145,419	$8.2M	Reduce -2.1%
MTB M & T Bank Corp. filed as M & T BK CORP	0.82%	38,753	$8.0M	Reduce -1.2%
EFAV iShares MSCI Eafe Min Vol Fa	0.76%	80,933	$7.4M	Reduce -5.3%
PSX Phillips 66	0.74%	39,285	$7.2M	New
BIV Vanguard Intermediate-Term B	0.72%	91,218	$7.0M	Reduce -0.1%
VTV Vanguard Mrngstr Val ETF-Aui	0.68%	33,475	$6.6M	Add +2.6%
BDX Becton Dickinson and Co.	0.66%	40,568	$6.4M	Reduce -2.1%
VEA Vanguard Ftse Developed ETF	0.64%	96,431	$6.2M	Add +2.6%
AAPL Apple Inc.	0.63%	24,234	$6.2M	Reduce -3.8%
VTI VG Morningstar TS MKT ETF-US	0.63%	19,086	$6.1M	Reduce -3.2%
SCHA Schwab US Small-Cap ETF	0.60%	201,800	$5.9M	Add +10.6%
NKE Nike Inc. Class B	0.59%	107,298	$5.7M	Reduce -10.9%
Q Qnity Electronics Inc.	0.57%	47,836	$5.5M	Reduce -1.5%
SCHD Schwab US DVD Equity ETF	0.50%	156,949	$4.8M	Reduce -1.4%
PFE Pfizer Inc.	0.47%	163,117	$4.6M	Reduce -1.3%
PDN Inv Rafi Dev MKT US SM-Usdin	0.44%	98,035	$4.3M	Reduce -5.8%
DD Dupont DE Nemours Inc.	0.42%	88,565	$4.1M	Reduce -1.4%
VWO Vanguard Ftse Emerging Marke	0.41%	73,605	$4.0M	Add +1.4%
BND Vanguard Total Bond Market	0.37%	49,409	$3.6M	Add +7.5%
LEN Lennar Corp. Class A	0.37%	41,739	$3.6M	Reduce -1.7%
NOBL Proshares S&P 500 Dividend A	0.35%	31,882	$3.4M	Reduce -1.1%
SPGI S&P Global Inc.	0.33%	7,590	$3.2M	No change
AMZN Amazon.com Inc.	0.31%	14,463	$3.0M	Add +9.8%
COST Costco Wholesale Corp.	0.30%	2,953	$2.9M	Add +0.8%
AVO Mission Produce Inc.	0.30%	211,750	$2.9M	No change
VT Vanguard Tot World STK ETF	0.29%	20,129	$2.8M	Add +4.5%
FNDC Schwab Fndmnt Intl SM Eq ETF	0.28%	59,287	$2.7M	Add +8.3%
BRK.B Berkshire Hathaway Inc. Class B	0.28%	5,669	$2.7M	Add +2.1%
VNQ Vanguard Real Estate ETF	0.27%	29,058	$2.6M	Add +17.1%
FNDF Schwab Fndmn Intl LRG Co. ETF	0.26%	52,495	$2.6M	Add +10.2%
FNDA Schwab Fndmntl US SM Co. ETF	0.25%	75,004	$2.4M	Add +4.7%
GOOG Alphabet Inc. Class C	0.24%	7,977	$2.3M	Add +6.7%
FNDX Schwab Fndmntl US LRG Co. ETF	0.22%	75,944	$2.1M	Add +117.7%
BNDX Vanguard Total Intl Bond ETF	0.20%	40,096	$1.9M	Add +42.6%
SCHX Schwab US Large-Cap ETF	0.19%	72,029	$1.8M	Add +0.0%
VIG Vanguard Dividend Apprec ETF	0.19%	8,405	$1.8M	Reduce -1.2%
VCSH Vanguard S/T Corp. Bond ETF	0.18%	22,183	$1.8M	Reduce -4.7%
SPY SS SPDR S&P 500 ETF Trust-US	0.15%	2,287	$1.5M	Reduce -7.8%
FNDE Schwab Fndmntl Em MRK Eq ETF	0.15%	38,181	$1.5M	Add +24.3%
NVDA Nvidia Corp.	0.15%	8,369	$1.5M	Reduce -1.2%
BRK.A Berkshire Hathaway Inc. Class A	0.15%	2	$1.4M	No change
TSLA Tesla Inc.	0.12%	3,055	$1.1M	Add +5.3%
GOOGL Alphabet Inc. Class A	0.12%	3,889	$1.1M	Add +11.9%
QQQ Invesco QQQ Trust Series 1	0.11%	1,841	$1.1M	Add +0.9%
VTEB Vanguard Tax-Exempt Bond ETF	0.11%	21,144	$1.1M	Reduce -7.8%
VGT Vanguard Info Tech ETF	0.10%	1,410	$984K	Reduce -0.3%
SCHZ Schwab US Aggregate Bond ETF	0.09%	38,896	$903K	Add +0.0%
GLD SPDR Gold Shares	0.08%	1,895	$815K	Reduce -24.5%
COR Cencora Inc.	0.08%	2,451	$770K	No change
IBRX Immunitybio Inc.	0.08%	100,000	$767K	New
SBUX Starbucks Corp.	0.08%	8,173	$732K	Reduce -0.5%
LOW Lowe's Cos Inc.	0.07%	3,028	$715K	No change
SGOL Abrdn Physical Gold Shares	0.07%	15,636	$698K	Reduce -5.7%
WFC Wells Fargo & Co.	0.07%	8,417	$670K	Add +0.7%
VYM Vanguard High DVD Yield ETF	0.07%	4,329	$641K	Add +0.4%
SCZ iShares MSCI Eafe Small-Cap	0.07%	8,057	$632K	Reduce -4.2%
SLV iShares Silver Trust	0.07%	9,266	$631K	Reduce -24.6%
WAT Waters Corp.	0.06%	2,073	$617K	New
ABBV Abbvie Inc.	0.06%	2,688	$585K	Reduce -15.4%
NSC Norfolk Southern Corp.	0.06%	2,008	$576K	No change
XLU St Sr Utl SL SE SPDR ETF-Usd	0.06%	12,238	$562K	No change
AVGO Broadcom Inc.	0.06%	1,798	$556K	Add +64.3%
PEG Public Service Enterprise GP	0.06%	6,768	$548K	No change
EMB iShares JP Morgan Usd Emergi	0.06%	5,718	$537K	Reduce -1.7%
VSGX Vanguard ESG Intl Stock ETF	0.05%	7,295	$523K	Reduce -0.7%
IJH iShares Core S&P Midcap ETF	0.05%	7,708	$521K	No change
CSCO Cisco Systems Inc.	0.05%	6,624	$514K	Add +5.6%
CMI Cummins Inc.	0.05%	910	$490K	Reduce -2.5%
NFLX Netflix Inc.	0.05%	4,870	$468K	No change
EMR Emerson Electric Co.	0.05%	3,450	$452K	No change
DFAC Dimensional US Core Equity 2	0.05%	11,325	$440K	Reduce -1.3%
ESGV Vanguard ESG US Stock ETF	0.04%	3,850	$432K	Add +2.8%
MINT PIMCO Enhanced Short Maturit	0.04%	4,296	$432K	Reduce -0.7%
SCHF Schwab Intl Equity ETF	0.04%	17,094	$423K	No change
SPDW Ste STR SPDR PT DW Eu ETF	0.04%	9,178	$419K	No change
VXF Vanguard Extended Market ETF	0.04%	1,889	$389K	Reduce -6.5%
VBK Van Morst SML-Cap Gro-Usd Inc.	0.04%	1,277	$386K	Reduce -3.1%
VB Vanguard Most SM-Cap ETF-Usd	0.04%	1,465	$384K	No change
VBR Vngrd Mrngst SL-CP Val ETF-U	0.04%	1,763	$383K	No change
TSM Taiwan Semiconductor-SP ADR	0.04%	1,122	$380K	No change
VOO Vanguard S&P 500 ETF	0.04%	633	$378K	Add +3.8%
SCHV Schwab US Large-Cap Value	0.04%	12,355	$377K	Reduce -14.7%
ESGE iShares Inc. iShares ESG Awar	0.04%	7,466	$339K	No change
AGG iShares Core U.S. Aggregate	0.03%	3,336	$331K	Add +0.7%
GVA Granite Construction Inc.	0.03%	2,750	$330K	Reduce -24.7%
BP BP PLC-Spons ADR	0.03%	6,888	$324K	Add +0.1%
V Visa Inc. Class A	0.03%	1,055	$319K	Reduce -0.3%
VUSB Vanguard Ultra Short Bond Et	0.03%	6,266	$312K	No change
IHI iShares U.S. Medical Devices	0.03%	5,673	$303K	Reduce -2.1%
RY Royal Bank of Canada	0.03%	1,819	$294K	Reduce -0.9%
META Meta Platforms Inc. Class A	0.03%	495	$283K	Add +8.6%
AMGN Amgen Inc.	0.03%	772	$272K	Add +14.5%
SPYG SS SPDR P S&P 500 Growth ETF	0.03%	2,757	$270K	No change
PXF Invesco Rafi Developed Marke	0.03%	3,695	$258K	No change
KO The Coca-Cola Co.	0.03%	3,221	$247K	Add +1.4%
IWF iShares Russell 1000 Growth	0.03%	577	$246K	Add +18.2%
VCIT Vanguard Int-Term Corporate	0.02%	2,916	$241K	New
IEMG iShares Core MSCI Emerging	0.02%	3,456	$241K	No change
COP Conocophillips	0.02%	1,743	$230K	New
VNQI Vanguard GLBL Ex-US Real Est	0.02%	5,139	$228K	Reduce -2.7%
AIQ Global X Art Intel & Tech	0.02%	4,864	$227K	Reduce -7.3%
LIT Global X Lithium & Battery T	0.02%	2,972	$221K	New
CNP Centerpoint Energy Inc.	0.02%	4,962	$214K	New
ALK Alaska Air Group Inc.	0.02%	5,709	$210K	Reduce -21.1%
EMXC iShares MSCI Emr MRK Ex Chna	0.02%	2,557	$201K	New

Portfolio Sells Q4 2025 → Q1 2026


MSFT Microsoft Corp.	Reduce -1.1%	2.58%	−0.86
VUG Vanguard Mrngstar GR ETF-Sui	Reduce -1.2%	2.65%	−0.38
IUSG iShares Core S&P U.S. Growth	Reduce -2.3%	3.01%	−0.36
IBM Intl Business Machines Corp.	Reduce -0.6%	1.06%	−0.26
BLK BlackRock Inc.	Reduce -2.0%	1.73%	−0.26
NKE Nike Inc. Class B	Reduce -10.9%	0.59%	−0.21
BDX Becton Dickinson and Co.	Reduce -2.1%	0.66%	−0.18
SCHW Schwab (charles) Corp.	Reduce -0.9%	1.80%	−0.15
MDT Medtronic PLC	Reduce -2.2%	1.03%	−0.15
CVS CVS Health Corp.	Reduce -1.4%	1.11%	−0.15
HD Home Depot Inc.	Reduce -1.3%	1.56%	−0.11
VO Vngrd Mrngstr MD-Cap ETF-Usd	Reduce -0.2%	4.77%	−0.11
SPEM State Street SP PTF Em ETF	Reduce -1.8%	3.87%	−0.10
LEN Lennar Corp. Class A	Reduce -1.7%	0.37%	−0.08
AAPL Apple Inc.	Reduce -3.8%	0.63%	−0.08
RPG Invesco S&P 500 Pure Growth	Reduce -5.9%	0.99%	−0.07
IEFA iShares Core MSCI Eafe ETF	Reduce -1.5%	4.58%	−0.06
VTI VG Morningstar TS MKT ETF-US	Reduce -3.2%	0.63%	−0.06
CAT Caterpillar Inc.	Reduce -19.8%	2.76%	−0.05
EMLC Vaneck JPM Em Local Curr BND	Reduce -1.1%	0.86%	−0.04
AEP American Electric Power	Sold out	0.00%	−0.03
IBIT iShares Bitcoin Trust ETF	Sold out	0.00%	−0.03
PNC PNC Financial Services Group	Reduce -1.1%	0.94%	−0.02
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -7.8%	0.15%	−0.02
TQQQ Proshares Ultrapro QQQ	Sold out	0.00%	−0.02
IDR Idaho Strategic Resources Inc.	Sold out	0.00%	−0.02
GLD SPDR Gold Shares	Reduce -24.5%	0.08%	−0.02
PDN Inv Rafi Dev MKT US SM-Usdin	Reduce -5.8%	0.44%	−0.02
SLV iShares Silver Trust	Reduce -24.6%	0.07%	−0.02
ALK Alaska Air Group Inc.	Reduce -21.1%	0.02%	−0.02
ABBV Abbvie Inc.	Reduce -15.4%	0.06%	−0.02
BIV Vanguard Intermediate-Term B	Reduce -0.1%	0.72%	−0.01
NVDA Nvidia Corp.	Reduce -1.2%	0.15%	−0.01
MCD McDonald's Corp.	Reduce -1.4%	1.61%	−0.01
VCSH Vanguard S/T Corp. Bond ETF	Reduce -4.7%	0.18%	−0.01
PG The Procter & Gamble Co.	Reduce -1.0%	0.89%	−0.01
VTEB Vanguard Tax-Exempt Bond ETF	Reduce -7.8%	0.11%	−0.01
GVA Granite Construction Inc.	Reduce -24.7%	0.03%	−0.01
VGT Vanguard Info Tech ETF	Reduce -0.3%	0.10%	−0.01
VIG Vanguard Dividend Apprec ETF	Reduce -1.2%	0.19%	−0.01
IHI iShares U.S. Medical Devices	Reduce -2.1%	0.03%	−0.01
SCHV Schwab US Large-Cap Value	Reduce -14.7%	0.04%	−0.01
V Visa Inc. Class A	Reduce -0.3%	0.03%	−0.01
EFAV iShares MSCI Eafe Min Vol Fa	Reduce -5.3%	0.76%	−0.01
AIQ Global X Art Intel & Tech	Reduce -7.3%	0.02%	−0.00
VXF Vanguard Extended Market ETF	Reduce -6.5%	0.04%	−0.00
EMB iShares JP Morgan Usd Emergi	Reduce -1.7%	0.06%	−0.00
SCZ iShares MSCI Eafe Small-Cap	Reduce -4.2%	0.07%	−0.00
RY Royal Bank of Canada	Reduce -0.9%	0.03%	−0.00
DFAC Dimensional US Core Equity 2	Reduce -1.3%	0.05%	−0.00

Portfolio Buys Q4 2025 → Q1 2026


PSX Phillips 66	New	0.74%	+0.74
FNDX Schwab Fndmntl US LRG Co. ETF	Add +117.7%	0.22%	+0.12
IJR iShares Core S&P Small-Cap E	Add +1.3%	2.63%	+0.09
IBRX Immunitybio Inc.	New	0.08%	+0.08
WAT Waters Corp.	New	0.06%	+0.06
SCHA Schwab US Small-Cap ETF	Add +10.6%	0.60%	+0.06
BNDX Vanguard Total Intl Bond ETF	Add +42.6%	0.20%	+0.06
FNDF Schwab Fndmn Intl LRG Co. ETF	Add +10.2%	0.26%	+0.04
COST Costco Wholesale Corp.	Add +0.8%	0.30%	+0.04
VNQ Vanguard Real Estate ETF	Add +17.1%	0.27%	+0.04
FNDE Schwab Fndmntl Em MRK Eq ETF	Add +24.3%	0.15%	+0.04
FNDC Schwab Fndmnt Intl SM Eq ETF	Add +8.3%	0.28%	+0.03
VTV Vanguard Mrngstr Val ETF-Aui	Add +2.6%	0.68%	+0.03
VEA Vanguard Ftse Developed ETF	Add +2.6%	0.64%	+0.03
VCIT Vanguard Int-Term Corporate	New	0.02%	+0.02
COP Conocophillips	New	0.02%	+0.02
LIT Global X Lithium & Battery T	New	0.02%	+0.02
CNP Centerpoint Energy Inc.	New	0.02%	+0.02
JIRE JPMorgan Int Res Enh Eqty	Add +0.5%	3.65%	+0.02
EMXC iShares MSCI Emr MRK Ex Chna	New	0.02%	+0.02
BND Vanguard Total Bond Market	Add +7.5%	0.37%	+0.02
AVGO Broadcom Inc.	Add +64.3%	0.06%	+0.02
REET iShares Global REIT ETF	Add +2.2%	0.86%	+0.02
FNDA Schwab Fndmntl US SM Co. ETF	Add +4.7%	0.25%	+0.02
VSS Vanguard Ftse All Wo X-US SC	Add +0.5%	0.93%	+0.01
BP BP PLC-Spons ADR	Add +0.1%	0.03%	+0.01
AMGN Amgen Inc.	Add +14.5%	0.03%	+0.01
VT Vanguard Tot World STK ETF	Add +4.5%	0.29%	+0.00
VWO Vanguard Ftse Emerging Marke	Add +1.4%	0.41%	+0.00
CSCO Cisco Systems Inc.	Add +5.6%	0.05%	+0.00
KO The Coca-Cola Co.	Add +1.4%	0.03%	+0.00
GOOGL Alphabet Inc. Class A	Add +11.9%	0.12%	+0.00
VYM Vanguard High DVD Yield ETF	Add +0.4%	0.07%	+0.00
IWF iShares Russell 1000 Growth	Add +18.2%	0.03%	+0.00
SPYM Ste STR SPDR PT S&P 500 ETF	Add +6.0%	1.15%	+0.00
AGG iShares Core U.S. Aggregate	Add +0.7%	0.03%	−0.00
VOO Vanguard S&P 500 ETF	Add +3.8%	0.04%	−0.00
SCHZ Schwab US Aggregate Bond ETF	Add +0.0%	0.09%	−0.00
META Meta Platforms Inc. Class A	Add +8.6%	0.03%	−0.00
ESGV Vanguard ESG US Stock ETF	Add +2.8%	0.04%	−0.00
SPAB SS SPDR P Agg Bond ETF	Add +1.4%	2.95%	−0.00
AMZN Amazon.com Inc.	Add +9.8%	0.31%	−0.01
IGSB iShares 1-5Y Inv Grade Corp.	Add +1.5%	4.62%	−0.01
QQQ Invesco QQQ Trust Series 1	Add +0.9%	0.11%	−0.01
GOOG Alphabet Inc. Class C	Add +6.7%	0.24%	−0.01
BRK.B Berkshire Hathaway Inc. Class B	Add +2.1%	0.28%	−0.01
SCHX Schwab US Large-Cap ETF	Add +0.0%	0.19%	−0.01
WFC Wells Fargo & Co.	Add +0.7%	0.07%	−0.01
TSLA Tesla Inc.	Add +5.3%	0.12%	−0.02
GOVT iShares US Treasury Bond ETF	Add +0.8%	2.62%	−0.02

Options Activity Q4 2025 → Q1 2026


QQQ Invesco QQQ Trust Series 1	put	Sold out	200	$123Kbefore exit

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

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	157	$1.1B	VO, IEFA, IGSB, SPEM, JIRE
Q1 2026	146	$971.1M	VO, IGSB, IEFA, SPEM, JIRE
Q4 2025	143	$961.2M	VO, IEFA, IGSB, SPEM, JIRE
Q3 2025	140	$953.8M	VO, IGSB, IEFA, SPEM, MSFT
Q2 2025	138	$898.7M	VO, IGSB, IEFA, MSFT, SPEM
Q1 2025	132	$832.3M	IGSB, VO, IEFA, SPEM, MSFT
Q4 2024	128	$803.8M	IGSB, VO, MSFT, IEFA, SPEM
Q3 2024	127	$792.7M	IGSB, VO, MSFT, SPEM, IEFA
Q2 2024	128	$734.9M	MSFT, IGSB, VO, SPEM, CAT
Q1 2024	127	$745.5M	MSFT, IGSB, VO, CAT, SPEM