Estate Counselors, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 8, 2024), Estate Counselors, LLC reported 112 stock positions worth $913.1 million. Its top holding was Brinsmere Fund Conservative (TBFC) at 31.0% of the portfolio, followed by Brinsmere Fund Growth ETF (TBFG, 30.5%) and Vanguard Total Intl Stock (VXUS, 3.5%). Compared with Q1 2024, it opened 16 new positions, sold out of 17, added to 30 and reduced 41. The biggest buy was SS Real Estate Select Sector (XLRE, shares +2554%) and the biggest sale SS Comm Select Sector SPDR (XLC, shares −67%).

Most Recent 13F
Q2 2026
Location
Thiensville, WI
CIK
0001559832
Portfolio Value
$913.1M (Q2 2024)
SEC Filing
0001172661-24-003155 ↗ filed Aug 8, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $873.2M Q1 2024 Q2 2024: $913.1M $913.1M Q2 2024 Q3 2024: $965.2M Q3 2024 Q4 2024: $935.4M Q4 2024 Q1 2025: $964.7M Q1 2025 Q2 2025: $1.0B Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.2B Q4 2025 Q1 2026: $1.1B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 112 stocks · $913.1M
TBFC Brinsmere Fund Conservative 31.01% 10,883,141 $283.1M Reduce -0.1%
TBFG Brinsmere Fund Growth ETF 30.48% 10,378,282 $278.3M Add +0.2%
VXUS Vanguard Total Intl Stock 3.45% 523,020 $31.5M Add +4.5%
XLB SS Materials Select Sector 2.28% 236,010 $20.8M Add +77.1%
VFH Vanguard Financials ETF 1.77% 162,130 $16.2M Add +28.4%
XLRE SS Real Estate Select Sector 1.53% 363,035 $13.9M Add +2553.8%
XLP SS Consumer Staples Sel Sect 1.44% 172,270 $13.2M Add +27.4%
XLU St Sr Utl SL SE SPDR ETF-Usd 1.06% 142,155 $9.7M Reduce -0.1%
XLK SS Technology Select Sector 0.94% 37,875 $8.6M Add +0.8%
XLC SS Comm Select Sector SPDR 0.93% 98,645 $8.4M Reduce -67.2%
VCSH Vanguard S/T Corp. Bond ETF 0.91% 107,290 $8.3M Add +2969.8%
VRP Invesco Variable Rate Prefer 0.87% 331,395 $7.9M Add +171.5%
CWB SS SPDR BB Conv Sec ETF 0.87% 109,895 $7.9M Add +178.1%
EMB iShares JP Morgan Usd Emergi 0.86% 88,735 $7.9M Add +168.1%
JNK SS SPDR BB High Yield Bond 0.86% 83,230 $7.8M Add +174.4%
VCLT Vanguard Long-Term Corp. Bond 0.84% 101,625 $7.7M Add +148.1%
XLI SS Industrial Select Sector 0.84% 62,725 $7.6M Reduce -0.5%
VTV Vanguard Mrngstr Val ETF-Aui 0.80% 45,665 $7.3M Add +277.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.76% 12,688 $6.9M Reduce -8.6%
IJK iShares S&P Mid-Cap 400 Grow 0.70% 72,520 $6.4M Add +33.1%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.69% 41,895 $6.3M New
VUG Vanguard Mrngstar GR ETF-Sui 0.68% 16,720 $6.3M Add +11.3%
EFAV iShares MSCI Eafe Min Vol Fa 0.51% 67,790 $4.7M Add +0.5%
XLF SS Financial Select Sector 0.51% 114,070 $4.7M Add +56.8%
FUTY Fidelity MSCI US Utilities 0.49% 101,640 $4.5M Add +0.1%
VTI VG Morningstar TS MKT ETF-US 0.41% 14,199 $3.8M Reduce -0.6%
IBTJ iShares Ibonds Dec 2029 Term 0.41% 174,015 $3.7M New
IBTO iShares Ibonds Dec 2033 Tres 0.41% 154,810 $3.7M New
CVNA Carvana Co. 0.39% 27,580 $3.6M Reduce -2.0%
NVDA Nvidia Corp. 0.38% 27,860 $3.4M No change
CEG Constellation Energy 0.33% 15,065 $3.0M Reduce -1.9%
VST Vistra Corp. 0.32% 33,680 $2.9M Reduce -0.6%
APP AppLovin Corp. Class A 0.30% 32,485 $2.7M Reduce -0.3%
IWV iShares Russell 3000 ETF 0.27% 7,900 $2.4M Add +0.5%
VGSH Vanguard Short-Term Treasury 0.26% 41,028 $2.4M Add +1.7%
BSV Vanguard Short-Term Bond ETF 0.26% 30,610 $2.3M Reduce -29.5%
TRGP Targa Resources Corp. 0.25% 17,852 $2.3M Reduce -1.2%
P Everpure Inc. Class A filed as PURE STORAGE INC 0.25% 35,515 $2.3M No change
IJH iShares Core S&P Midcap ETF 0.24% 37,066 $2.2M Reduce -0.3%
VRT Vertiv Holdings Co. Class A 0.22% 23,290 $2.0M Reduce -0.7%
MCK McKesson Corp. 0.22% 3,385 $2.0M Reduce -0.6%
LLY Eli Lilly & Co. 0.21% 2,143 $1.9M No change
STLD Steel Dynamics Inc. 0.21% 14,550 $1.9M No change
CCL Carnival Corp. 0.20% 99,700 $1.9M No change
IJR iShares Core S&P Small-Cap E 0.20% 17,469 $1.9M Reduce -59.6%
MPC Marathon Petroleum Corp. 0.20% 10,710 $1.9M Reduce -0.2%
LII Lennox International Inc. 0.20% 3,345 $1.8M Reduce -0.5%
PSX Phillips 66 0.20% 12,615 $1.8M Reduce -0.4%
OC Owens Corning 0.19% 10,065 $1.7M Reduce -0.6%
RIVN Rivian Automotive Inc. Class A 0.19% 130,260 $1.7M New
GEN Gen Digital Inc. 0.19% 69,690 $1.7M Reduce -0.4%
UAL United Airlines Holdings Inc. 0.19% 35,355 $1.7M No change
VLO Valero Energy Corp. 0.18% 10,735 $1.7M Reduce -0.5%
OVV Ovintiv Inc. 0.18% 35,110 $1.6M Reduce -0.5%
BLDR Builders Firstsource Inc. 0.18% 11,850 $1.6M No change
EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP 0.18% 19,830 $1.6M Reduce -0.1%
META Meta Platforms Inc. Class A 0.18% 3,220 $1.6M Reduce -0.6%
PHM Pultegroup Inc. 0.18% 14,690 $1.6M No change
FCNCA First Citizens Bcshs Class A 0.18% 960 $1.6M No change
APO Apollo Global Management Inc. 0.18% 13,598 $1.6M No change
SHV iShares 0-1 Year Treasury Bo 0.17% 14,442 $1.6M Add +1.2%
WAL Western Alliance Bancorp 0.17% 25,290 $1.6M Reduce -0.3%
IBDY iShares Ibonds Dec 2033 Corp. 0.17% 62,300 $1.6M New
W Wayfair Inc. Class A 0.17% 29,400 $1.6M Reduce -0.6%
ALSN Allison Transmission Holding 0.16% 19,595 $1.5M No change
NTNX Nutanix Inc. Class A 0.16% 26,020 $1.5M Reduce -0.6%
CCC CCC Intelligent Solutions Ho 0.16% 132,865 $1.5M Reduce -0.4%
RCL Royal Caribbean Cruises Ltd. 0.16% 9,245 $1.5M New
UBER Uber Technologies Inc. 0.15% 19,315 $1.4M No change
IBDU iShares Ibonds Dec 2029 Term 0.15% 61,150 $1.4M New
ACI Albertsons Cos Inc. Class A 0.15% 70,210 $1.4M No change
IWM iShares Russell 2000 ETF 0.15% 6,830 $1.4M Reduce -64.9%
ESTC Elastic NV 0.15% 12,140 $1.4M No change
XPO Xpo Inc. 0.15% 12,575 $1.3M No change
DKNG Draftkings Inc. Class A 0.14% 34,065 $1.3M Reduce -0.4%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.14% 4,085 $1.3M Reduce -10.3%
ALB Albemarle Corp. 0.14% 13,235 $1.3M Reduce -0.9%
AFRM Affirm Holdings Inc. 0.14% 41,575 $1.3M Reduce -0.2%
VCIT Vanguard Int-Term Corporate 0.13% 15,190 $1.2M Add +1.7%
ADBE Adobe Inc. 0.13% 2,181 $1.2M No change
BILL Bill Holdings Inc. 0.13% 22,895 $1.2M No change
SOFI Sofi Technologies Inc. 0.13% 180,580 $1.2M No change
BND Vanguard Total Bond Market 0.13% 16,555 $1.2M Reduce -72.8%
AKAM Akamai Technologies Inc. 0.13% 13,125 $1.2M Reduce -0.2%
JBL Jabil Inc. 0.13% 10,645 $1.2M No change
DVN Devon Energy Corp. 0.12% 23,355 $1.1M No change
IWF iShares Russell 1000 Growth 0.12% 2,998 $1.1M Reduce -0.3%
QQQ Invesco QQQ Trust Series 1 0.11% 2,125 $1.0M Reduce -61.9%
NOBL Proshares S&P 500 Dividend A 0.11% 10,345 $994K Add +0.3%
APA Apa Corp. 0.11% 33,410 $984K Reduce -0.6%
VGK Vanguard Ftse Europe ETF 0.11% 14,590 $974K New
EMR Emerson Electric Co. 0.10% 8,010 $882K No change
PLTR Palantir Technologies Inc. Class A 0.10% 34,255 $868K No change
VYM Vanguard High DVD Yield ETF 0.09% 7,270 $862K Add +168.3%
MCHI iShares MSCI China ETF 0.09% 19,145 $807K New
MDB Mongodb Inc. 0.09% 3,115 $779K No change
PDBC Invesco Optimum Yield Divers 0.07% 48,440 $681K Add +0.6%
TIP iShares Tips Bond ETF 0.06% 5,165 $552K New
BIV Vanguard Intermediate-Term B 0.06% 7,025 $526K Add +2.1%
VNQ Vanguard Real Estate ETF 0.05% 5,575 $467K New
FMBH First Mid Bancshares Inc. 0.04% 11,385 $374K No change
DBP Invesco DB Precious Metals F 0.04% 6,200 $355K New
AOM iShares Core 40/60 Moderate 0.03% 7,020 $302K Reduce -1.8%
EAGG iShares ESG Aware US Aggrega 0.03% 6,325 $295K Add +6.3%
VB Vanguard Most SM-Cap ETF-Usd 0.03% 1,280 $279K Reduce -49.3%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.03% 3,165 $244K Add +19.0%
EMXC iShares MSCI Emr MRK Ex Chna 0.03% 4,065 $241K New
ESGV Vanguard ESG US Stock ETF 0.03% 2,420 $234K Add +3.4%
NULG Nuveen ESG LRG-Cap GRW ETF 0.02% 2,620 $213K New
TLRY Tilray Brands Inc. 0.01% 50,000 $83K New
SOUN Soundhound AI Inc. Class A 0.00% 10,000 $40K New
AMARIN CORP PLC 0.00% 15,000 $10K No change

Portfolio Sells Q1 2024 → Q2 2024
XLC SS Comm Select Sector SPDR Reduce -67.2% 0.93% −1.89
TBFC Brinsmere Fund Conservative Reduce -0.1% 31.01% −1.34
XLY SS Consumer Disc Select Sect Sold out 0.00% −0.85
XLE SS Energy Select Sector Sold out 0.00% −0.80
IVE iShares S&P 500 Value ETF Sold out 0.00% −0.52
BND Vanguard Total Bond Market Reduce -72.8% 0.13% −0.38
BNDX Vanguard Total Intl Bond ETF Sold out 0.00% −0.37
IJR iShares Core S&P Small-Cap E Reduce -59.6% 0.20% −0.34
IWM iShares Russell 2000 ETF Reduce -64.9% 0.15% −0.32
BLV Vanguard Long-Term Bond ETF Sold out 0.00% −0.22
QQQ Invesco QQQ Trust Series 1 Reduce -61.9% 0.11% −0.17
ZS Zscaler Inc. Sold out 0.00% −0.13
BSV Vanguard Short-Term Bond ETF Reduce -29.5% 0.26% −0.12
AGG iShares Core U.S. Aggregate Sold out 0.00% −0.11
RSP Invesco S&P 500 Equal Weight Sold out 0.00% −0.09
SPY SS SPDR S&P 500 ETF Trust-US Reduce -8.6% 0.76% −0.08
XLI SS Industrial Select Sector Reduce -0.5% 0.84% −0.07
ALB Albemarle Corp. Reduce -0.9% 0.14% −0.06
W Wayfair Inc. Class A Reduce -0.6% 0.17% −0.06
TLT iShares 20+ Year Treasury BD Sold out 0.00% −0.06
MTUM iShares MSCI USA Momentum Fa Sold out 0.00% −0.05
MPC Marathon Petroleum Corp. Reduce -0.2% 0.20% −0.04
VBK Van Morst SML-Cap Gro-Usd Inc. Sold out 0.00% −0.04
PSX Phillips 66 Reduce -0.4% 0.20% −0.04
AFRM Affirm Holdings Inc. Reduce -0.2% 0.14% −0.04
PDP Invesco Dorsey Wright Moment Sold out 0.00% −0.04
IWP iShares Russell Mid-Cap Grow Sold out 0.00% −0.04
IEFA iShares Core MSCI Eafe ETF Sold out 0.00% −0.04
DKNG Draftkings Inc. Class A Reduce -0.4% 0.14% −0.04
VB Vanguard Most SM-Cap ETF-Usd Reduce -49.3% 0.03% −0.04
AKAM Akamai Technologies Inc. Reduce -0.2% 0.13% −0.03
MBB iShares MBS ETF Sold out 0.00% −0.03
NUSC Nuveen ESG Small-Cap ETF Sold out 0.00% −0.03
SPLV Invesco S&P 500 Low Volatili Sold out 0.00% −0.03
OVV Ovintiv Inc. Reduce -0.5% 0.18% −0.03
VLO Valero Energy Corp. Reduce -0.5% 0.18% −0.03
APA Apa Corp. Reduce -0.6% 0.11% −0.02
EXE Expand Energy Corp. Reduce -0.1% 0.18% −0.02
NTNX Nutanix Inc. Class A Reduce -0.6% 0.16% −0.02
CCC CCC Intelligent Solutions Ho Reduce -0.4% 0.16% −0.02
IJH iShares Core S&P Midcap ETF Reduce -0.3% 0.24% −0.02
WAL Western Alliance Bancorp Reduce -0.3% 0.17% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -0.6% 0.41% −0.01
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -10.3% 0.14% −0.01
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -0.1% 1.06% −0.01
META Meta Platforms Inc. Class A Reduce -0.6% 0.18% −0.00
AOM iShares Core 40/60 Moderate Reduce -1.8% 0.03% −0.00
OC Owens Corning Reduce -0.6% 0.19% −0.00
VRT Vertiv Holdings Co. Class A Reduce -0.7% 0.22% +0.00
IWF iShares Russell 1000 Growth Reduce -0.3% 0.12% +0.00

Portfolio Buys Q1 2024 → Q2 2024
XLRE SS Real Estate Select Sector Add +2553.8% 1.53% +1.47
VCSH Vanguard S/T Corp. Bond ETF Add +2969.8% 0.91% +0.88
XLB SS Materials Select Sector Add +77.1% 2.28% +0.86
VOE Vngrd Mrngstr MD-Cap Val ETF New 0.69% +0.69
VTV Vanguard Mrngstr Val ETF-Aui Add +277.1% 0.80% +0.58
VRP Invesco Variable Rate Prefer Add +171.5% 0.87% +0.54
CWB SS SPDR BB Conv Sec ETF Add +178.1% 0.87% +0.54
JNK SS SPDR BB High Yield Bond Add +174.4% 0.86% +0.53
EMB iShares JP Morgan Usd Emergi Add +168.1% 0.86% +0.52
VCLT Vanguard Long-Term Corp. Bond Add +148.1% 0.84% +0.48
IBTJ iShares Ibonds Dec 2029 Term New 0.41% +0.41
IBTO iShares Ibonds Dec 2033 Tres New 0.41% +0.41
VFH Vanguard Financials ETF Add +28.4% 1.77% +0.29
XLP SS Consumer Staples Sel Sect Add +27.4% 1.44% +0.26
RIVN Rivian Automotive Inc. Class A New 0.19% +0.19
IBDY iShares Ibonds Dec 2033 Corp. New 0.17% +0.17
XLF SS Financial Select Sector Add +56.8% 0.51% +0.16
RCL Royal Caribbean Cruises Ltd. New 0.16% +0.16
IBDU iShares Ibonds Dec 2029 Term New 0.15% +0.15
IJK iShares S&P Mid-Cap 400 Grow Add +33.1% 0.70% +0.13
VGK Vanguard Ftse Europe ETF New 0.11% +0.11
VUG Vanguard Mrngstar GR ETF-Sui Add +11.3% 0.68% +0.09
MCHI iShares MSCI China ETF New 0.09% +0.09
TIP iShares Tips Bond ETF New 0.06% +0.06
VYM Vanguard High DVD Yield ETF Add +168.3% 0.09% +0.06
VNQ Vanguard Real Estate ETF New 0.05% +0.05
XLK SS Technology Select Sector Add +0.8% 0.94% +0.04
DBP Invesco DB Precious Metals F New 0.04% +0.04
EMXC iShares MSCI Emr MRK Ex Chna New 0.03% +0.03
NULG Nuveen ESG LRG-Cap GRW ETF New 0.02% +0.02
TLRY Tilray Brands Inc. New 0.01% +0.01
SOUN Soundhound AI Inc. Class A New 0.00% +0.00
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +19.0% 0.03% +0.00
ESGV Vanguard ESG US Stock ETF Add +3.4% 0.03% +0.00
EAGG iShares ESG Aware US Aggrega Add +6.3% 0.03% +0.00
BIV Vanguard Intermediate-Term B Add +2.1% 0.06% −0.00
PDBC Invesco Optimum Yield Divers Add +0.6% 0.07% −0.00
VXUS Vanguard Total Intl Stock Add +4.5% 3.45% −0.00
IWV iShares Russell 3000 ETF Add +0.5% 0.27% −0.00
FUTY Fidelity MSCI US Utilities Add +0.1% 0.49% −0.00
VCIT Vanguard Int-Term Corporate Add +1.7% 0.13% −0.00
SHV iShares 0-1 Year Treasury Bo Add +1.2% 0.17% −0.01
VGSH Vanguard Short-Term Treasury Add +1.7% 0.26% −0.01
NOBL Proshares S&P 500 Dividend A Add +0.3% 0.11% −0.01
EFAV iShares MSCI Eafe Min Vol Fa Add +0.5% 0.51% −0.03
TBFG Brinsmere Fund Growth ETF Add +0.2% 30.48% −1.23

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 91$1.2BTBFG, TBFC, VXUS, CWB, EMB
Q1 2026 97$1.1BTBFG, TBFC, VXUS, TLH, BND
Q4 2025 90$1.2BTBFG, TBFC, VXUS, XLV, XLB
Q3 2025 89$1.2BTBFG, TBFC, VXUS, XLP, VTI
Q2 2025 82$1.0BTBFC, TBFG, VXUS, XLP, BSV
Q1 2025 91$964.7MTBFC, TBFG, SHV, VFH, XLP
Q4 2024 101$935.4MTBFC, TBFG, VXUS, VFH, XLP
Q3 2024 108$965.2MTBFC, TBFG, VXUS, XLB, VFH
Q2 2024 112$913.1MTBFC, TBFG, VXUS, XLB, VFH
Q1 2024 113$873.2MTBFC, TBFG, VXUS, XLC, VFH