Disciplined Investors, L.L.C.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), Disciplined Investors, L.L.C. reported 118 stock positions worth $128.3 million. Its top holding was iShares International Select (IDV) at 6.2% of the portfolio, followed by Schwab US Broad Market ETF (SCHB, 6.2%) and Vanguard Mrngstar GR ETF-Sui (VUG, 5.4%). Compared with Q1 2025, it opened 5 new positions, sold out of 5, added to 72 and reduced 20. The biggest buy was Invesco S&P 500 Quality ETF (SPHQ, shares +399%) and the biggest sale an exit from Uranium Energy (UEC).

Most Recent 13F
Q2 2026
Location
WACO, TX
CIK
0002056242
Portfolio Value
$128.3M (Q2 2025)
SEC Filing
0001951757-25-001042 ↗ filed Aug 6, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q4 2024: $103.8M Q4 2024 Q1 2025: $110.8M Q1 2025 Q2 2025: $128.3M $128.3M Q2 2025 Q3 2025: $140.5M Q3 2025 Q4 2025: $152.4M Q4 2025 Q1 2026: $168.0M Q1 2026 Q2 2026: $199.9M Q2 2026

Holdings 118 stocks · $128.3M
IDV iShares International Select 6.17% 229,452 $7.9M Add +12.0%
SCHB Schwab US Broad Market ETF 6.16% 331,818 $7.9M Reduce -0.3%
VUG Vanguard Mrngstar GR ETF-Sui 5.36% 15,689 $6.9M Add +18.8%
VEU Vanguard Ftse All-World Ex-U 3.59% 68,480 $4.6M Add +4.7%
VXUS Vanguard Total Intl Stock 2.82% 52,399 $3.6M Add +7.5%
DFSV Dimensional US Small Cap Val 2.68% 116,861 $3.4M Reduce -0.0%
CRK Comstock Resources Inc. 2.50% 115,826 $3.2M Add +14.2%
VYM Vanguard High DVD Yield ETF 2.49% 23,969 $3.2M Add +0.0%
VOO Vanguard S&P 500 ETF 2.40% 5,434 $3.1M Add +0.9%
BRK.B Berkshire Hathaway Inc. Class B 2.36% 6,223 $3.0M Add +21.6%
SPSM SS SPDR P S&P 600 Small Cap 2.28% 68,596 $2.9M Add +6.4%
DFGP Dimensional GLBL Core PL Fix 2.26% 53,217 $2.9M Add +0.7%
XLK SS Technology Select Sector 2.25% 11,400 $2.9M Add +5.6%
AAPL Apple Inc. 2.19% 13,704 $2.8M Add +1.7%
MSFT Microsoft Corp. 2.04% 5,272 $2.6M Add +2.1%
GLD SPDR Gold Shares 1.82% 7,678 $2.3M No change
CADE Cadence Bank 1.74% 70,009 $2.2M No change
AMZN Amazon.com Inc. 1.61% 9,447 $2.1M Add +25.1%
COST Costco Wholesale Corp. 1.54% 2,000 $2.0M No change
GS Goldman Sachs Group Inc. 1.52% 2,763 $2.0M Reduce -0.1%
JPM JPMorgan Chase & Co. 1.48% 6,544 $1.9M Add +0.3%
VFH Vanguard Financials ETF 1.44% 14,508 $1.8M Add +0.5%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 1.42% 4,520 $1.8M Add +39.3%
SPY SS SPDR S&P 500 ETF Trust-US 1.35% 2,794 $1.7M Add +1.0%
SPHQ Invesco S&P 500 Quality ETF 1.29% 23,190 $1.7M Add +398.6%
VTV Vanguard Mrngstr Val ETF-Aui 1.20% 8,724 $1.5M Reduce -1.7%
HEFA Isha Curr Hedged MSCI Eafe 1.19% 40,075 $1.5M Add +4.5%
DFLV Dim US Large Cap Value ETF 1.09% 45,134 $1.4M Add +7.6%
SCHW Schwab (charles) Corp. 0.98% 13,806 $1.3M Add +0.3%
SCHD Schwab US DVD Equity ETF 0.97% 46,835 $1.2M Add +19.1%
AMLP Alerian MLP ETF 0.96% 25,304 $1.2M Reduce -0.5%
VTI VG Morningstar TS MKT ETF-US 0.93% 3,931 $1.2M Add +0.1%
GOOGL Alphabet Inc. Class A 0.85% 6,196 $1.1M Add +0.0%
GRNY Fundstr Gran SH US LRG Cap 0.83% 46,827 $1.1M Add +67.2%
SCHE Schwab Emrg Mrkts Eqty ETF 0.80% 34,258 $1.0M Reduce -1.6%
DFAC Dimensional US Core Equity 2 0.80% 28,562 $1.0M Add +0.2%
WMT Walmart Inc. 0.80% 10,443 $1.0M Add +0.8%
GEV GE Vernova Inc. 0.78% 1,886 $998K Add +0.1%
RSP Invesco S&P 500 Equal Weight 0.77% 5,467 $994K Reduce -8.2%
DFAX Dimensional World Ex US Core 0.71% 30,932 $908K Add +0.9%
XOM Exxon Mobil Corp. 0.64% 7,673 $827K Reduce -3.5%
AVSC Avantis US Small Cap Equity 0.63% 15,697 $809K Add +4.9%
NVDA Nvidia Corp. 0.63% 5,084 $803K Add +19.9%
VHT Vanguard Health Care ETF 0.62% 3,191 $792K Reduce -2.5%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.61% 9,571 $782K Add +0.2%
SCHX Schwab US Large-Cap ETF 0.60% 31,343 $766K Reduce -1.3%
TSM Taiwan Semiconductor-SP ADR 0.59% 3,352 $759K Add +16.7%
VWO Vanguard Ftse Emerging Marke 0.58% 15,125 $748K Add +2.3%
BX Blackstone Inc. 0.53% 4,549 $680K Add +0.3%
CAT Caterpillar Inc. 0.51% 1,681 $652K Add +1.2%
PG The Procter & Gamble Co. 0.50% 4,049 $645K Reduce -0.9%
AVGO Broadcom Inc. 0.50% 2,335 $644K Add +2.3%
GOOG Alphabet Inc. Class C 0.48% 3,448 $612K Add +2.6%
V Visa Inc. Class A 0.47% 1,693 $601K No change
VYMI Vanguard Int High DVD YLD Inc. 0.45% 7,147 $573K Add +8.3%
XLF SS Financial Select Sector 0.44% 10,895 $571K Add +2.1%
BND Vanguard Total Bond Market 0.43% 7,529 $554K Add +2.4%
IWF iShares Russell 1000 Growth 0.40% 1,220 $518K Add +1.0%
IAU iShares Gold Trust 0.39% 8,030 $501K Add +1.0%
MAIN Main Street Capital Corp. 0.38% 8,150 $482K New
CQP Cheniere Energy Partners LP 0.37% 8,446 $473K Add +174.0%
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.36% 2,060 $463K No change
MLPX Global X MLP & Energy Infras 0.35% 7,137 $447K Add +0.4%
UNH Unitedhealth Group Inc. 0.34% 1,387 $433K Add +9.6%
HD Home Depot Inc. 0.34% 1,178 $432K Add +2.3%
QQQ Invesco QQQ Trust Series 1 0.33% 772 $426K Add +13.9%
VIG Vanguard Dividend Apprec ETF 0.33% 2,054 $420K No change
META Meta Platforms Inc. Class A 0.32% 552 $407K Add +14.5%
LHX L3HARRIS Technologies Inc. 0.30% 1,560 $391K Reduce -21.6%
NUE Nucor Corp. 0.30% 3,000 $389K No change
TSLA Tesla Inc. 0.30% 1,212 $385K Add +45.0%
VCIT Vanguard Int-Term Corporate 0.28% 4,358 $361K Add +0.3%
XLC SS Comm Select Sector SPDR 0.28% 3,295 $358K No change
KO The Coca-Cola Co. 0.28% 5,046 $357K Add +0.2%
VCR Vanguard Consumer Discre ETF 0.28% 984 $357K No change
LMT Lockheed Martin Corp. 0.28% 769 $356K Add +4.6%
ELV Elevance Health Inc. 0.27% 904 $352K Reduce -0.1%
SCHF Schwab Intl Equity ETF 0.27% 15,915 $352K Add +0.0%
ADP Automatic Data Processing 0.26% 1,102 $340K Add +0.3%
GILD Gilead Sciences Inc. 0.26% 3,022 $335K Add +0.8%
T AT&T Inc. 0.25% 11,294 $327K Add +1.4%
VB Vanguard Most SM-Cap ETF-Usd 0.25% 1,370 $325K Add +0.2%
RSPT Invesco S&P 500 Equal Weight 0.25% 7,850 $320K Reduce -14.2%
TOL Toll Brothers Inc. 0.25% 2,769 $316K No change
RTX RTX Corp. 0.24% 2,125 $310K Add +5.0%
CI The Cigna Group 0.24% 930 $307K Add +0.1%
JNJ Johnson & Johnson 0.23% 1,970 $301K Reduce -5.1%
SCHV Schwab US Large-Cap Value 0.23% 10,608 $294K Add +0.3%
PSX Phillips 66 0.23% 2,452 $293K Add +4.6%
IREN Iren Ltd. filed as IREN LIMITED 0.23% 20,077 $293K Reduce -39.5%
ET Energy Transfer LP 0.22% 15,832 $287K Add +0.7%
ABBV Abbvie Inc. 0.22% 1,530 $284K Add +0.3%
CB Chubb Ltd. 0.22% 976 $283K Add +0.2%
DFAT Dimensional US Target Value 0.22% 5,174 $279K Add +0.2%
VDE Vanguard Energy ETF 0.21% 2,269 $270K Add +0.5%
LLY Eli Lilly & Co. 0.21% 339 $264K Add +15.7%
PANW Palo Alto Networks Inc. 0.20% 1,284 $263K No change
DFUV Dimensional US Marketwide Va 0.20% 6,079 $257K Reduce -5.5%
ANGL Vaneck Fallen Angel High YLD 0.20% 8,700 $255K No change
DFAI Dimensional International Co. 0.20% 7,250 $251K No change
IBIT iShares Bitcoin Trust ETF 0.19% 4,029 $247K New
VGT Vanguard Info Tech ETF 0.19% 370 $245K No change
SONY Sony Group Corp. - SP ADR 0.19% 9,375 $244K No change
LNG Cheniere Energy Inc. 0.19% 993 $242K No change
OKE Oneok Inc. 0.18% 2,851 $233K Add +0.6%
VEA Vanguard Ftse Developed ETF 0.18% 4,058 $231K Add +0.6%
VT Vanguard Tot World STK ETF 0.18% 1,788 $230K No change
ACN Accenture PLC Class A 0.18% 753 $225K No change
XLE SS Energy Select Sector 0.17% 2,614 $222K Reduce -16.6%
DFUS Dimensional US Eq MKT ETF 0.17% 3,168 $212K New
KMI Kinder Morgan Inc. 0.16% 7,073 $208K New
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.16% 464 $204K New
BBVA Banco Bilbao Vizcaya-SP ADR 0.13% 11,000 $169K No change
MYI BlackRock Muniyield QLTY III 0.12% 14,500 $152K No change
BRC INC-A 0.10% 98,000 $128K Add +24.8%
XJQCX Nuveen Credit Strategies Inc. 0.06% 13,329 $72K Reduce -18.7%
GPRO Gopro Inc. Class A 0.04% 63,000 $48K Reduce -67.5%
KOS Kosmos Energy Ltd. 0.01% 10,000 $17K No change

Portfolio Sells Q1 2025 → Q2 2025
UEC Uranium Energy Corp. Sold out 0.00% −0.39
SCHB Schwab US Broad Market ETF Reduce -0.3% 6.16% −0.30
DFSV Dimensional US Small Cap Val Reduce -0.0% 2.68% −0.29
AMLP Alerian MLP ETF Reduce -0.5% 0.96% −0.23
MBB iShares MBS ETF Sold out 0.00% −0.21
XOM Exxon Mobil Corp. Reduce -3.5% 0.64% −0.21
COP Conocophillips Sold out 0.00% −0.20
PEP Pepsico Inc. Sold out 0.00% −0.19
VTV Vanguard Mrngstr Val ETF-Aui Reduce -1.7% 1.20% −0.18
VHT Vanguard Health Care ETF Reduce -2.5% 0.62% −0.16
RSP Invesco S&P 500 Equal Weight Reduce -8.2% 0.77% −0.16
SNBRQ Sleep Number Corp. Sold out 0.00% −0.16
PG The Procter & Gamble Co. Reduce -0.9% 0.50% −0.13
XLE SS Energy Select Sector Reduce -16.6% 0.17% −0.09
ELV Elevance Health Inc. Reduce -0.1% 0.27% −0.08
GPRO Gopro Inc. Class A Reduce -67.5% 0.04% −0.08
JNJ Johnson & Johnson Reduce -5.1% 0.23% −0.08
LHX L3HARRIS Technologies Inc. Reduce -21.6% 0.30% −0.07
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -1.6% 0.80% −0.06
DFUV Dimensional US Marketwide Va Reduce -5.5% 0.20% −0.04
SCHX Schwab US Large-Cap ETF Reduce -1.3% 0.60% −0.04
RSPT Invesco S&P 500 Equal Weight Reduce -14.2% 0.25% −0.03
XJQCX Nuveen Credit Strategies Inc. Reduce -18.7% 0.06% −0.02
IREN Iren Ltd. Reduce -39.5% 0.23% +0.05
GS Goldman Sachs Group Inc. Reduce -0.1% 1.52% +0.16

Portfolio Buys Q1 2025 → Q2 2025
SPHQ Invesco S&P 500 Quality ETF Add +398.6% 1.29% +1.01
VUG Vanguard Mrngstar GR ETF-Sui Add +18.8% 5.36% +0.94
CRK Comstock Resources Inc. Add +14.2% 2.50% +0.64
MSTR Strategy Inc. Add +39.3% 1.42% +0.58
IDV iShares International Select Add +12.0% 6.17% +0.44
MAIN Main Street Capital Corp. New 0.38% +0.38
GRNY Fundstr Gran SH US LRG Cap Add +67.2% 0.83% +0.37
AMZN Amazon.com Inc. Add +25.1% 1.61% +0.32
MSFT Microsoft Corp. Add +2.1% 2.04% +0.29
GEV GE Vernova Inc. Add +0.1% 0.78% +0.26
XLK SS Technology Select Sector Add +5.6% 2.25% +0.24
NVDA Nvidia Corp. Add +19.9% 0.63% +0.21
IBIT iShares Bitcoin Trust ETF New 0.19% +0.19
CQP Cheniere Energy Partners LP Add +174.0% 0.37% +0.19
DFUS Dimensional US Eq MKT ETF New 0.17% +0.17
KMI Kinder Morgan Inc. New 0.16% +0.16
TSM Taiwan Semiconductor-SP ADR Add +16.7% 0.59% +0.16
DIA SS SPDR Dow Jones Indus Avg New 0.16% +0.16
AVGO Broadcom Inc. Add +2.3% 0.50% +0.16
TSLA Tesla Inc. Add +45.0% 0.30% +0.10
VXUS Vanguard Total Intl Stock Add +7.5% 2.82% +0.09
META Meta Platforms Inc. Class A Add +14.5% 0.32% +0.07
QQQ Invesco QQQ Trust Series 1 Add +13.9% 0.33% +0.04
JPM JPMorgan Chase & Co. Add +0.3% 1.48% +0.03
CAT Caterpillar Inc. Add +1.2% 0.51% +0.01
IWF iShares Russell 1000 Growth Add +1.0% 0.40% +0.01
SCHW Schwab (charles) Corp. Add +0.3% 0.98% +0.01
VEU Vanguard Ftse All-World Ex-U Add +4.7% 3.59% +0.01
VYMI Vanguard Int High DVD YLD Inc. Add +8.3% 0.45% +0.01
GOOG Alphabet Inc. Class C Add +2.6% 0.48% +0.00
RTX RTX Corp. Add +5.0% 0.24% 0.00
VEA Vanguard Ftse Developed ETF Add +0.6% 0.18% −0.00
SCHF Schwab Intl Equity ETF Add +0.0% 0.27% −0.01
LLY Eli Lilly & Co. Add +15.7% 0.21% −0.01
GOOGL Alphabet Inc. Class A Add +0.0% 0.85% −0.01
DFAX Dimensional World Ex US Core Add +0.9% 0.71% −0.02
LMT Lockheed Martin Corp. Add +4.6% 0.28% −0.02
VB Vanguard Most SM-Cap ETF-Usd Add +0.2% 0.25% −0.02
VWO Vanguard Ftse Emerging Marke Add +2.3% 0.58% −0.02
DFAT Dimensional US Target Value Add +0.2% 0.22% −0.02
AVSC Avantis US Small Cap Equity Add +4.9% 0.63% −0.02
SCHD Schwab US DVD Equity ETF Add +19.1% 0.97% −0.02
SCHV Schwab US Large-Cap Value Add +0.3% 0.23% −0.03
WMT Walmart Inc. Add +0.8% 0.80% −0.03
T AT&T Inc. Add +1.4% 0.25% −0.03
IAU iShares Gold Trust Add +1.0% 0.39% −0.03
PSX Phillips 66 Add +4.6% 0.23% −0.03
XLF SS Financial Select Sector Add +2.1% 0.44% −0.04
CI The Cigna Group Add +0.1% 0.24% −0.04
ADP Automatic Data Processing Add +0.3% 0.26% −0.04

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 145$199.9MIDV, VUG, SCHB, VXUS, DFSV
Q1 2026 139$168.0MIDV, VUG, SCHB, VXUS, VEU
Q4 2025 121$152.4MIDV, VUG, SCHB, VEU, VXUS
Q3 2025 120$140.5MIDV, SCHB, VUG, VEU, VXUS
Q2 2025 118$128.3MIDV, SCHB, VUG, VEU, VXUS
Q1 2025 118$110.8MSCHB, IDV, VUG, VEU, DFSV
Q4 2024 111$103.8MSCHB, IDV, VUG, VEU, DFSV