Define Financial, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 16, 2025), Define Financial, LLC reported 40 stock positions worth $166.7 million. Its top holding was Avantis US Small Cap Value (AVUV) at 14.3% of the portfolio, followed by Avantis Intl S/C Value ETF (AVDV, 14.1%) and Vanguard Short-Term Tips (VTIP, 13.5%). Compared with Q2 2025, it opened 4 new positions, sold out of 1, added to 31 and reduced 2. The biggest buy was a new position in Dimensional US Sus CORE1 ETF (DFSU) and the biggest sale an exit from Exxon Mobil (XOM).
- Most Recent 13F
- Q2 2026
- Location
- SAN DIEGO, CA
- CIK
- 0002021320
- Portfolio Value
- $166.7M (Q3 2025)
- SEC Filing
- 0001754960-25-000674 ↗ filed Oct 16, 2025
Holdings Value
Holdings 40 stocks · $166.7M
| AVUV Avantis US Small Cap Value | 14.26% | 238,823 | $23.8M | Add +2.1% |
| AVDV Avantis Intl S/C Value ETF | 14.08% | 263,495 | $23.5M | Reduce -0.1% |
| VTIP Vanguard Short-Term Tips | 13.46% | 443,063 | $22.4M | Add +5.3% |
| VTI VG Morningstar TS MKT ETF-US | 13.42% | 68,145 | $22.4M | Add +1.1% |
| VEU Vanguard Ftse All-World Ex-U | 11.77% | 274,769 | $19.6M | Add +1.3% |
| VNQ Vanguard Real Estate ETF | 10.35% | 188,606 | $17.2M | Add +2.6% |
| AVEM Avantis Emerging Markets Eq | 6.69% | 148,418 | $11.1M | Add +0.7% |
| VWO Vanguard Ftse Emerging Marke | 6.50% | 199,838 | $10.8M | Add +2.0% |
| MSFT Microsoft Corp. | 1.26% | 4,059 | $2.1M | Add +45.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.80% | 2,009 | $1.3M | Add +0.3% |
| AAPL Apple Inc. | 0.51% | 3,315 | $844K | Reduce -2.6% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.44% | 2,389 | $736K | Add +0.3% |
| NVDA Nvidia Corp. | 0.44% | 3,931 | $734K | Add +0.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.43% | 1,413 | $710K | Add +4.4% |
| DFSU Dimensional US Sus CORE1 ETF | 0.35% | 13,767 | $585K | New |
| AMZN Amazon.com Inc. | 0.34% | 2,613 | $574K | Add +24.0% |
| GOOG Alphabet Inc. Class C | 0.31% | 2,149 | $523K | Add +63.9% |
| TTEK Tetra Tech Inc. | 0.31% | 15,330 | $512K | Add +0.2% |
| VOO Vanguard S&P 500 ETF | 0.29% | 788 | $483K | Add +4.4% |
| ABNB Airbnb Inc. Class A | 0.29% | 3,919 | $476K | No change |
| NOBL Proshares S&P 500 Dividend A | 0.28% | 4,513 | $465K | Add +1.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.27% | 938 | $450K | Add +0.1% |
| DFSI Dimensional Int Sus COR1 ETF | 0.25% | 10,047 | $411K | New |
| FHLC Fidelity MSCI Health Care | 0.23% | 5,620 | $376K | Add +0.4% |
| CTAS Cintas Corp. | 0.22% | 1,777 | $365K | Add +0.2% |
| IVV iShares Core S&P 500 ETF | 0.21% | 519 | $348K | Add +22.4% |
| SRE Sempra | 0.21% | 3,831 | $345K | Add +0.9% |
| VGT Vanguard Info Tech ETF | 0.20% | 455 | $340K | No change |
| COST Costco Wholesale Corp. | 0.20% | 358 | $331K | Add +3.5% |
| TSLA Tesla Inc. | 0.20% | 733 | $326K | Add +2.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.18% | 1,651 | $308K | Add +0.6% |
| QCOM Qualcomm Inc. | 0.17% | 1,654 | $275K | Add +0.6% |
| STZ Constellation Brands Inc. Class A | 0.16% | 1,983 | $267K | Add +0.6% |
| V Visa Inc. Class A | 0.16% | 779 | $266K | Add +4.0% |
| FIDU Fidelity MSCI Indust Indx | 0.15% | 3,040 | $249K | Add +0.4% |
| PGR Progressive Corp. | 0.13% | 909 | $225K | No change |
| BKLC BNY Mellon US LRG Cap Cor | 0.13% | 1,708 | $219K | Add +0.3% |
| FSTA Fidelity MSCI Cons Stap Indx | 0.13% | 4,389 | $219K | Add +0.6% |
| SCHG Schwab US Large-Cap Growth | 0.13% | 6,602 | $211K | New |
| GDX Vaneck Gold Miners ETF | 0.12% | 2,636 | $201K | New |
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 2025
| DFSU Dimensional US Sus CORE1 ETF | New | 0.35% | +0.35 |
| MSFT Microsoft Corp. | Add +45.1% | 1.26% | +0.34 |
| DFSI Dimensional Int Sus COR1 ETF | New | 0.25% | +0.25 |
| AVUV Avantis US Small Cap Value | Add +2.1% | 14.26% | +0.22 |
| GOOG Alphabet Inc. Class C | Add +63.9% | 0.31% | +0.16 |
| SCHG Schwab US Large-Cap Growth | New | 0.13% | +0.13 |
| GDX Vaneck Gold Miners ETF | New | 0.12% | +0.12 |
| VWO Vanguard Ftse Emerging Marke | Add +2.0% | 6.50% | +0.12 |
| TSLA Tesla Inc. | Add +2.1% | 0.20% | +0.05 |
| AMZN Amazon.com Inc. | Add +24.0% | 0.34% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +22.4% | 0.21% | +0.04 |
| NVDA Nvidia Corp. | Add +0.8% | 0.44% | +0.03 |
| AVEM Avantis Emerging Markets Eq | Add +0.7% | 6.69% | +0.03 |
| SRE Sempra | Add +0.9% | 0.21% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +4.4% | 0.29% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.1% | 0.27% | −0.00 |
| BKLC BNY Mellon US LRG Cap Cor | Add +0.3% | 0.13% | −0.00 |
| FIDU Fidelity MSCI Indust Indx | Add +0.4% | 0.15% | −0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +0.3% | 0.44% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.6% | 0.18% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.4% | 0.43% | −0.01 |
| QCOM Qualcomm Inc. | Add +0.6% | 0.17% | −0.01 |
| FHLC Fidelity MSCI Health Care | Add +0.4% | 0.23% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.3% | 0.80% | −0.01 |
| V Visa Inc. Class A | Add +4.0% | 0.16% | −0.02 |
| FSTA Fidelity MSCI Cons Stap Indx | Add +0.6% | 0.13% | −0.02 |
| NOBL Proshares S&P 500 Dividend A | Add +1.1% | 0.28% | −0.02 |
| COST Costco Wholesale Corp. | Add +3.5% | 0.20% | −0.03 |
| CTAS Cintas Corp. | Add +0.2% | 0.22% | −0.04 |
| STZ Constellation Brands Inc. Class A | Add +0.6% | 0.16% | −0.05 |
| TTEK Tetra Tech Inc. | Add +0.2% | 0.31% | −0.06 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.1% | 13.42% | −0.08 |
| VEU Vanguard Ftse All-World Ex-U | Add +1.3% | 11.77% | −0.24 |
| VNQ Vanguard Real Estate ETF | Add +2.6% | 10.35% | −0.44 |
| VTIP Vanguard Short-Term Tips | Add +5.3% | 13.46% | −0.48 |
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 |