Divergent Planning, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 12, 2026), Divergent Planning, LLC reported 36 stock positions worth $391.5 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 26.1% of the portfolio, followed by Avantis Intl S/C Value ETF (AVDV, 12.8%) and State Street SPDR S&P Midcap (MDY, 11.9%). Compared with Q3 2025, it opened 2 new positions, sold out of 1, added to 16 and reduced 10. The biggest buy was a new position in Morgan Stanley (MS) and the biggest sale an exit from Berkshire Hathaway Class B (BRK.B).
- Most Recent 13F
- Q4 2025
- Location
- BETHESDA, MD
- CIK
- 0001730787
- Portfolio Value
- $391.5M (Q4 2025)
- SEC Filing
- 0001730787-26-000002 ↗ filed Jan 12, 2026
Holdings Value
Holdings 36 stocks · $391.5M
| IVV iShares Core S&P 500 ETF | 26.08% | 148,837 | $102.1M | Add +0.9% |
| AVDV Avantis Intl S/C Value ETF | 12.83% | 529,894 | $50.2M | Reduce -0.4% |
| MDY State Street SPDR S&P Midcap | 11.90% | 76,242 | $46.6M | Add +2.6% |
| JMBS Janus Henderson Mortg Backed | 10.69% | 918,067 | $41.8M | Add +5.0% |
| AVUS Avantis U.S. Equity ETF | 6.96% | 242,241 | $27.3M | Add +1.9% |
| DFAS Dimensional US Small Cap ETF | 6.49% | 361,021 | $25.4M | Add +2.0% |
| JAAA Janus Henderson Aaa Clo ETF | 5.39% | 417,349 | $21.1M | Add +6.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 3.76% | 292,191 | $14.7M | Add +2.5% |
| DFCF Dimensional Core Fixed Inc. | 3.42% | 314,352 | $13.4M | Add +1.0% |
| TBIL F/M US Treasury 3 Month Bill | 2.90% | 227,379 | $11.3M | Add +9.4% |
| VCIT Vanguard Int-Term Corporate | 2.46% | 115,213 | $9.6M | Add +1.4% |
| AVDE Avantis International Equity | 2.33% | 109,710 | $9.1M | Add +2.0% |
| SCHC Schwab Intl Small-Cap Equity | 1.61% | 137,675 | $6.3M | Add +2.0% |
| AAPL Apple Inc. | 0.59% | 8,584 | $2.3M | Reduce -3.0% |
| VT Vanguard Tot World STK ETF | 0.25% | 6,964 | $990K | Reduce -8.3% |
| MAR Marriott International Class A | 0.24% | 3,017 | $946K | Reduce -6.1% |
| MS Morgan Stanley | 0.19% | 4,193 | $763K | New |
| MSFT Microsoft Corp. | 0.18% | 1,513 | $715K | Reduce -10.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.17% | 2,209 | $646K | Reduce -7.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.16% | 1,036 | $635K | Add +7.6% |
| AMZN Amazon.com Inc. | 0.15% | 2,560 | $580K | No change |
| V Visa Inc. Class A | 0.14% | 1,604 | $556K | No change |
| LMT Lockheed Martin Corp. | 0.13% | 1,009 | $502K | No change |
| AOA iShares Core 80/20 Aggressiv | 0.12% | 5,047 | $454K | Add +1.4% |
| AOR iShares Core 60/40 Balanced | 0.10% | 6,262 | $409K | Add +2.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.10% | 790 | $384K | Reduce -8.3% |
| GOOG Alphabet Inc. Class C | 0.09% | 1,148 | $362K | No change |
| SPLV Invesco S&P 500 Low Volatili | 0.09% | 4,741 | $338K | Add +0.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.08% | 960 | $323K | Reduce -3.2% |
| GLD SPDR Gold Shares | 0.08% | 775 | $309K | No change |
| ACN Accenture PLC Class A | 0.08% | 1,162 | $302K | No change |
| VOO Vanguard S&P 500 ETF | 0.08% | 469 | $295K | No change |
| AOK iShares Core 30/70 Conservat | 0.06% | 6,001 | $242K | New |
| NVDA Nvidia Corp. | 0.06% | 1,163 | $220K | Reduce -15.9% |
| FSCO FS Credit Opportunities Corp. | 0.02% | 10,146 | $64K | Reduce -8.0% |
| HCAT Health Catalyst Inc. | 0.01% | 10,998 | $25K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.13 |
| MSFT Microsoft Corp. | Reduce -10.1% | 0.18% | −0.05 |
| VT Vanguard Tot World STK ETF | Reduce -8.3% | 0.25% | −0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -7.5% | 0.17% | −0.02 |
| AAPL Apple Inc. | Reduce -3.0% | 0.59% | −0.01 |
| NVDA Nvidia Corp. | Reduce -15.9% | 0.06% | −0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -8.3% | 0.10% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -3.2% | 0.08% | −0.00 |
| FSCO FS Credit Opportunities Corp. | Reduce -8.0% | 0.02% | −0.00 |
| MAR Marriott International Class A | Reduce -6.1% | 0.24% | +0.01 |
| AVDV Avantis Intl S/C Value ETF | Reduce -0.4% | 12.83% | +0.10 |
Portfolio Buys Q3 2025 → Q4 2025
| MS Morgan Stanley | New | 0.19% | +0.19 |
| TBIL F/M US Treasury 3 Month Bill | Add +9.4% | 2.90% | +0.14 |
| JAAA Janus Henderson Aaa Clo ETF | Add +6.1% | 5.39% | +0.10 |
| JMBS Janus Henderson Mortg Backed | Add +5.0% | 10.69% | +0.08 |
| AOK iShares Core 30/70 Conservat | New | 0.06% | +0.06 |
| AVUS Avantis U.S. Equity ETF | Add +1.9% | 6.96% | +0.06 |
| AVDE Avantis International Equity | Add +2.0% | 2.33% | +0.04 |
| MDY State Street SPDR S&P Midcap | Add +2.6% | 11.90% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +7.6% | 0.16% | +0.01 |
| AOR iShares Core 60/40 Balanced | Add +2.9% | 0.10% | 0.00 |
| AOA iShares Core 80/20 Aggressiv | Add +1.4% | 0.12% | −0.00 |
| SPLV Invesco S&P 500 Low Volatili | Add +0.6% | 0.09% | −0.01 |
| DFAS Dimensional US Small Cap ETF | Add +2.0% | 6.49% | −0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +2.5% | 3.76% | −0.03 |
| SCHC Schwab Intl Small-Cap Equity | Add +2.0% | 1.61% | −0.04 |
| VCIT Vanguard Int-Term Corporate | Add +1.4% | 2.46% | −0.07 |
| DFCF Dimensional Core Fixed Inc. | Add +1.0% | 3.42% | −0.13 |
| IVV iShares Core S&P 500 ETF | Add +0.9% | 26.08% | −0.29 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q4 2025 | 36 | $391.5M | IVV, AVDV, MDY, JMBS, AVUS |
| Q3 2025Amended | 35 | $376.2M | IVV, AVDV, MDY, JMBS, AVUS |
| Q2 2025Amended | 35 | $338.4M | IVV, AVDV, MDY, JMBS, AVUS |
| Q1 2025 | 30 | $301.4M | IVV, MDY, AVDV, JMBS, DFAS |
| Q4 2024 | 28 | $292.4M | IVV, MDY, AVDV, JMBS, DFAS |
| Q3 2024 | 29 | $268.3M | IVV, MDY, JMBS, AVDV, AVUS |
| Q2 2024 | 28 | $250.9M | IVV, MDY, JMBS, AVDV, AVUS |
| Q1 2024 | 28 | $236.7M | IVV, MDY, JMBS, AVDV, VCIT |