Define Financial, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 15, 2025), Define Financial, LLC reported 33 stock positions worth $131.3 million. Its top holding was Vanguard Short-Term Tips (VTIP) at 15.5% of the portfolio, followed by Avantis Intl S/C Value ETF (AVDV, 13.8%) and Avantis US Small Cap Value (AVUV, 13.5%). Compared with Q4 2024, it opened 1 new position, sold out of 2, added to 24 and reduced 7. The biggest buy was Avantis Intl S/C Value ETF (AVDV, shares +7%) and the biggest sale Airbnb Class A (ABNB, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- SAN DIEGO, CA
- CIK
- 0002021320
- Portfolio Value
- $131.3M (Q1 2025)
- SEC Filing
- 0001754960-25-000197 ↗ filed Apr 15, 2025
Holdings Value
Holdings 33 stocks · $131.3M
| VTIP Vanguard Short-Term Tips | 15.51% | 410,764 | $20.4M | Add +7.1% |
| AVDV Avantis Intl S/C Value ETF | 13.78% | 267,435 | $18.1M | Add +7.1% |
| AVUV Avantis US Small Cap Value | 13.46% | 223,695 | $17.7M | Add +9.2% |
| VTI VG Morningstar TS MKT ETF-US | 13.05% | 65,428 | $17.1M | Add +3.9% |
| VEU Vanguard Ftse All-World Ex-U | 12.19% | 273,160 | $16.0M | Add +7.0% |
| VNQ Vanguard Real Estate ETF | 11.34% | 178,041 | $14.9M | Add +2.9% |
| VWO Vanguard Ftse Emerging Marke | 6.42% | 195,398 | $8.4M | Add +7.7% |
| AVEM Avantis Emerging Markets Eq | 6.39% | 145,958 | $8.4M | Add +8.6% |
| MSFT Microsoft Corp. | 0.82% | 2,781 | $1.1M | Add +176.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.79% | 1,952 | $1.0M | Reduce -13.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.54% | 1,353 | $709K | No change |
| AAPL Apple Inc. | 0.51% | 3,401 | $674K | Add +278.3% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.45% | 2,382 | $585K | Add +0.3% |
| NVDA Nvidia Corp. | 0.35% | 4,120 | $457K | Reduce -6.1% |
| ABNB Airbnb Inc. Class A | 0.34% | 3,919 | $449K | Reduce -87.4% |
| AMZN Amazon.com Inc. | 0.30% | 2,107 | $389K | New |
| NOBL Proshares S&P 500 Dividend A | 0.28% | 3,850 | $370K | Add +0.5% |
| VOO Vanguard S&P 500 ETF | 0.28% | 754 | $370K | Reduce -1.8% |
| CTAS Cintas Corp. | 0.28% | 1,770 | $365K | Add +0.2% |
| STZ Constellation Brands Inc. Class A | 0.28% | 1,960 | $364K | Reduce -9.0% |
| FHLC Fidelity MSCI Health Care | 0.27% | 5,576 | $356K | Reduce -7.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.26% | 937 | $338K | Add +0.1% |
| COST Costco Wholesale Corp. | 0.25% | 346 | $333K | Add +3.0% |
| TTEK Tetra Tech Inc. | 0.24% | 10,363 | $313K | Add +0.2% |
| SRE Sempra | 0.20% | 3,764 | $257K | Add +39.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.19% | 1,551 | $251K | Reduce -3.3% |
| PGR Progressive Corp. | 0.19% | 909 | $251K | Add +1.9% |
| V Visa Inc. Class A | 0.19% | 748 | $249K | Add +0.1% |
| VGT Vanguard Info Tech ETF | 0.18% | 454 | $236K | Add +0.2% |
| QCOM Qualcomm Inc. | 0.17% | 1,636 | $228K | Add +3.7% |
| IVV iShares Core S&P 500 ETF | 0.17% | 423 | $227K | Add +0.5% |
| FSTA Fidelity MSCI Cons Stap Indx | 0.17% | 4,340 | $220K | Add +0.6% |
| GOOG Alphabet Inc. Class C | 0.16% | 1,309 | $209K | Add +0.1% |
Portfolio Sells Q4 2024 → Q1 2025
| ABNB Airbnb Inc. Class A | Reduce -87.4% | 0.34% | −2.74 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.22 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -13.3% | 0.79% | −0.20 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.15 |
| NVDA Nvidia Corp. | Reduce -6.1% | 0.35% | −0.10 |
| STZ Constellation Brands Inc. Class A | Reduce -9.0% | 0.28% | −0.08 |
| VOO Vanguard S&P 500 ETF | Reduce -1.8% | 0.28% | −0.03 |
| FHLC Fidelity MSCI Health Care | Reduce -7.9% | 0.27% | −0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -3.3% | 0.19% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| AVDV Avantis Intl S/C Value ETF | Add +7.1% | 13.78% | +1.50 |
| VTIP Vanguard Short-Term Tips | Add +7.1% | 15.51% | +1.49 |
| VEU Vanguard Ftse All-World Ex-U | Add +7.0% | 12.19% | +1.13 |
| MSFT Microsoft Corp. | Add +176.7% | 0.82% | +0.50 |
| AVEM Avantis Emerging Markets Eq | Add +8.6% | 6.39% | +0.43 |
| VWO Vanguard Ftse Emerging Marke | Add +7.7% | 6.42% | +0.38 |
| AAPL Apple Inc. | Add +278.3% | 0.51% | +0.34 |
| AMZN Amazon.com Inc. | New | 0.30% | +0.30 |
| CTAS Cintas Corp. | Add +0.2% | 0.28% | +0.03 |
| PGR Progressive Corp. | Add +1.9% | 0.19% | +0.03 |
| COST Costco Wholesale Corp. | Add +3.0% | 0.25% | +0.02 |
| SRE Sempra | Add +39.6% | 0.20% | +0.02 |
| V Visa Inc. Class A | Add +0.1% | 0.19% | +0.01 |
| FSTA Fidelity MSCI Cons Stap Indx | Add +0.6% | 0.17% | +0.01 |
| NOBL Proshares S&P 500 Dividend A | Add +0.5% | 0.28% | −0.01 |
| QCOM Qualcomm Inc. | Add +3.7% | 0.17% | −0.01 |
| IVV iShares Core S&P 500 ETF | Add +0.5% | 0.17% | −0.01 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 0.16% | −0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.1% | 0.26% | −0.03 |
| VGT Vanguard Info Tech ETF | Add +0.2% | 0.18% | −0.03 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +0.3% | 0.45% | −0.04 |
| TTEK Tetra Tech Inc. | Add +0.2% | 0.24% | −0.07 |
| VNQ Vanguard Real Estate ETF | Add +2.9% | 11.34% | −0.29 |
| VTI VG Morningstar TS MKT ETF-US | Add +3.9% | 13.05% | −0.73 |
| AVUV Avantis US Small Cap Value | Add +9.2% | 13.46% | −1.46 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 47 | $217.8M | AVUV, VTIP, AVDV, VTI, VEU |
| Q1 2026 | 41 | $184.3M | VTIP, AVUV, AVDV, VTI, VEU |
| Q4 2025 | 43 | $176.4M | AVUV, VTIP, AVDV, VTI, VEU |
| Q3 2025 | 40 | $166.7M | AVUV, AVDV, VTIP, VTI, VEU |
| Q2 2025 | 37 | $151.8M | AVUV, VTIP, AVDV, VTI, VEU |
| Q1 2025 | 33 | $131.3M | VTIP, AVDV, AVUV, VTI, VEU |
| Q4 2024 | 34 | $132.5M | AVUV, VTIP, VTI, AVDV, VNQ |