Estate Counselors, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Estate Counselors, LLC reported 108 stock positions worth $965.2 million. Its top holding was Brinsmere Fund Conservative (TBFC) at 30.7% of the portfolio, followed by Brinsmere Fund Growth ETF (TBFG, 29.9%) and Vanguard Total Intl Stock (VXUS, 3.5%). Compared with Q2 2024, it opened 14 new positions, sold out of 18, added to 25 and reduced 33. The biggest buy was a new position in iShares 20+ Year Treasury BD (TLT) and the biggest sale Vanguard S/T Corp. Bond ETF (VCSH, shares −96%).

Most Recent 13F
Q2 2026
Location
Thiensville, WI
CIK
0001559832
Portfolio Value
$965.2M (Q3 2024)
SEC Filing
0001172661-24-004570 ↗ filed Nov 12, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $873.2M Q1 2024 Q2 2024: $913.1M Q2 2024 Q3 2024: $965.2M $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 108 stocks · $965.2M
TBFC Brinsmere Fund Conservative 30.67% 10,882,136 $296.0M Reduce -0.0%
TBFG Brinsmere Fund Growth ETF 29.90% 10,390,985 $288.6M Add +0.1%
VXUS Vanguard Total Intl Stock 3.51% 523,195 $33.9M Add +0.0%
XLB SS Materials Select Sector 2.36% 235,991 $22.7M Reduce -0.0%
VFH Vanguard Financials ETF 1.85% 162,060 $17.8M Reduce -0.0%
XLRE SS Real Estate Select Sector 1.68% 362,660 $16.2M Reduce -0.1%
TLT iShares 20+ Year Treasury BD 1.60% 157,284 $15.4M New
XLP SS Consumer Staples Sel Sect 1.48% 172,017 $14.3M Reduce -0.1%
XLU St Sr Utl SL SE SPDR ETF-Usd 1.19% 141,660 $11.4M Reduce -0.3%
RSP Invesco S&P 500 Equal Weight 0.99% 53,251 $9.5M New
XLC SS Comm Select Sector SPDR 0.92% 98,557 $8.9M Reduce -0.1%
VCLT Vanguard Long-Term Corp. Bond 0.88% 105,127 $8.5M Add +3.5%
XLK SS Technology Select Sector 0.88% 37,824 $8.5M Reduce -0.1%
XLI SS Industrial Select Sector 0.88% 62,676 $8.5M Reduce -0.1%
CWB SS SPDR BB Conv Sec ETF 0.87% 109,680 $8.4M Reduce -0.2%
VTV Vanguard Mrngstr Val ETF-Aui 0.86% 47,631 $8.3M Add +4.3%
EMB iShares JP Morgan Usd Emergi 0.85% 87,650 $8.2M Reduce -1.2%
VRP Invesco Variable Rate Prefer 0.84% 332,505 $8.1M Add +0.3%
JNK SS SPDR BB High Yield Bond 0.84% 83,135 $8.1M Reduce -0.1%
VUG Vanguard Mrngstar GR ETF-Sui 0.74% 18,694 $7.2M Add +11.8%
VNQ Vanguard Real Estate ETF 0.72% 71,183 $6.9M Add +1176.8%
PLTR Palantir Technologies Inc. Class A 0.57% 148,405 $5.5M Add +333.2%
EMR Emerson Electric Co. 0.55% 48,605 $5.3M Add +506.8%
FUTY Fidelity MSCI US Utilities 0.55% 101,640 $5.3M No change
EFAV iShares MSCI Eafe Min Vol Fa 0.54% 67,934 $5.2M Add +0.2%
XLF SS Financial Select Sector 0.53% 113,088 $5.1M Reduce -0.9%
CVNA Carvana Co. 0.50% 27,580 $4.8M No change
DVN Devon Energy Corp. 0.45% 110,440 $4.3M Add +372.9%
APP AppLovin Corp. Class A 0.44% 32,485 $4.2M No change
IBTO iShares Ibonds Dec 2033 Tres 0.40% 154,502 $3.9M Reduce -0.2%
IBTJ iShares Ibonds Dec 2029 Term 0.40% 173,667 $3.8M Reduce -0.2%
NVDA Nvidia Corp. 0.35% 27,860 $3.4M No change
IJH iShares Core S&P Midcap ETF 0.28% 43,295 $2.7M Add +16.8%
VST Vistra Corp. 0.26% 20,930 $2.5M Reduce -37.9%
VGSH Vanguard Short-Term Treasury 0.25% 41,469 $2.4M Add +1.1%
IJR iShares Core S&P Small-Cap E 0.25% 20,521 $2.4M Add +17.5%
VRT Vertiv Holdings Co. Class A 0.24% 23,290 $2.3M No change
VTI VG Morningstar TS MKT ETF-US 0.24% 8,157 $2.3M Reduce -42.5%
CEG Constellation Energy 0.24% 8,890 $2.3M Reduce -41.0%
BLDR Builders Firstsource Inc. 0.24% 11,850 $2.3M No change
WAL Western Alliance Bancorp 0.23% 25,290 $2.2M No change
PHM Pultegroup Inc. 0.22% 14,690 $2.1M No change
LII Lennox International Inc. 0.21% 3,345 $2.0M No change
UAL United Airlines Holdings Inc. 0.21% 35,355 $2.0M No change
IWV iShares Russell 3000 ETF 0.20% 5,935 $1.9M Reduce -24.9%
GEN Gen Digital Inc. 0.20% 69,690 $1.9M No change
LLY Eli Lilly & Co. 0.20% 2,143 $1.9M No change
ALSN Allison Transmission Holding 0.20% 19,595 $1.9M No change
CCL Carnival Corp. 0.19% 99,700 $1.8M No change
STLD Steel Dynamics Inc. 0.19% 14,550 $1.8M No change
META Meta Platforms Inc. Class A 0.19% 3,195 $1.8M Reduce -0.8%
BALL Ball Corp. 0.19% 26,875 $1.8M New
FCNCA First Citizens Bcshs Class A 0.19% 985 $1.8M Add +2.6%
THC Tenet Healthcare Corp. 0.19% 10,785 $1.8M New
P Everpure Inc. Class A filed as PURE STORAGE INC 0.18% 35,515 $1.8M No change
PSX Phillips 66 0.18% 13,525 $1.8M Add +7.2%
OC Owens Corning 0.18% 10,065 $1.8M No change
BND Vanguard Total Bond Market 0.18% 23,638 $1.8M Add +42.8%
TRGP Targa Resources Corp. 0.18% 11,962 $1.8M Reduce -33.0%
MPC Marathon Petroleum Corp. 0.18% 10,710 $1.7M No change
APO Apollo Global Management Inc. 0.18% 13,598 $1.7M No change
AFRM Affirm Holdings Inc. 0.18% 41,575 $1.7M No change
MCK McKesson Corp. 0.17% 3,385 $1.7M No change
RCL Royal Caribbean Cruises Ltd. 0.17% 9,430 $1.7M Add +2.0%
W Wayfair Inc. Class A 0.17% 29,400 $1.7M No change
IBDY iShares Ibonds Dec 2033 Corp. 0.17% 62,185 $1.6M Reduce -0.2%
EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP 0.17% 19,830 $1.6M No change
IWM iShares Russell 2000 ETF 0.16% 7,115 $1.6M Add +4.2%
BSV Vanguard Short-Term Bond ETF 0.16% 19,931 $1.6M Reduce -34.9%
COIN Coinbase Global Inc. Class A 0.15% 8,330 $1.5M New
RIVN Rivian Automotive Inc. Class A 0.15% 129,515 $1.5M Reduce -0.6%
VLO Valero Energy Corp. 0.15% 10,735 $1.4M No change
IBDU iShares Ibonds Dec 2029 Term 0.15% 61,241 $1.4M Add +0.1%
XPO Xpo Inc. 0.14% 12,575 $1.4M No change
OVV Ovintiv Inc. 0.14% 35,110 $1.3M No change
DKNG Draftkings Inc. Class A 0.14% 34,065 $1.3M No change
ACI Albertsons Cos Inc. Class A 0.13% 70,210 $1.3M No change
VCIT Vanguard Int-Term Corporate 0.13% 15,292 $1.3M Add +0.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.13% 2,225 $1.3M Reduce -82.5%
MBB iShares MBS ETF 0.12% 12,065 $1.2M New
SHV iShares 0-1 Year Treasury Bo 0.12% 10,416 $1.2M Reduce -27.9%
IWF iShares Russell 1000 Growth 0.12% 2,999 $1.1M Add +0.0%
IEF iShares 7-10 Year Treasury B 0.09% 8,703 $854K New
NOBL Proshares S&P 500 Dividend A 0.07% 6,590 $704K Reduce -36.3%
VPL Vanguard Ftse Pacific ETF 0.07% 8,718 $683K New
VGK Vanguard Ftse Europe ETF 0.07% 9,403 $669K Reduce -35.5%
PDBC Invesco Optimum Yield Divers 0.07% 49,098 $659K Add +1.4%
VYM Vanguard High DVD Yield ETF 0.06% 4,607 $591K Reduce -36.6%
BIV Vanguard Intermediate-Term B 0.06% 7,025 $551K No change
MTUM iShares MSCI USA Momentum Fa 0.05% 2,400 $487K New
FMBH First Mid Bancshares Inc. 0.05% 11,385 $443K No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.04% 4,946 $397K Add +56.3%
GLD SPDR Gold Shares 0.04% 1,607 $391K New
PDP Invesco Dorsey Wright Moment 0.04% 3,450 $356K New
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.04% 1,080 $348K Reduce -73.6%
VCSH Vanguard S/T Corp. Bond ETF 0.03% 4,226 $336K Reduce -96.1%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.03% 1,890 $318K Reduce -95.5%
EAGG iShares ESG Aware US Aggrega 0.03% 6,325 $307K No change
VB Vanguard Most SM-Cap ETF-Usd 0.03% 1,280 $304K No change
AOM iShares Core 40/60 Moderate 0.03% 6,720 $303K Reduce -4.3%
SPLV Invesco S&P 500 Low Volatili 0.03% 3,900 $280K New
ESGV Vanguard ESG US Stock ETF 0.03% 2,420 $246K No change
NULG Nuveen ESG LRG-Cap GRW ETF 0.02% 2,620 $216K No change
NULV Nuveen ESG Large-Cap Val ETF 0.02% 4,885 $204K New
TLRY Tilray Brands Inc. 0.01% 70,000 $123K Add +40.0%
SOUN Soundhound AI Inc. Class A 0.00% 10,000 $47K No change
FUBO Fubotv Inc. 0.00% 10,000 $14K New
AMARIN CORP PLC 0.00% 15,000 $9K No change

Portfolio Sells Q2 2024 → Q3 2024
VCSH Vanguard S/T Corp. Bond ETF Reduce -96.1% 0.03% −0.87
IJK iShares S&P Mid-Cap 400 Grow Sold out 0.00% −0.70
VOE Vngrd Mrngstr MD-Cap Val ETF Reduce -95.5% 0.03% −0.66
SPY SS SPDR S&P 500 ETF Trust-US Reduce -82.5% 0.13% −0.62
TBFC Brinsmere Fund Conservative Reduce -0.0% 30.67% −0.34
VTI VG Morningstar TS MKT ETF-US Reduce -42.5% 0.24% −0.17
NTNX Nutanix Inc. Class A Sold out 0.00% −0.16
CCC CCC Intelligent Solutions Ho Sold out 0.00% −0.16
UBER Uber Technologies Inc. Sold out 0.00% −0.15
ESTC Elastic NV Sold out 0.00% −0.15
ALB Albemarle Corp. Sold out 0.00% −0.14
ADBE Adobe Inc. Sold out 0.00% −0.13
BILL Bill Holdings Inc. Sold out 0.00% −0.13
SOFI Sofi Technologies Inc. Sold out 0.00% −0.13
AKAM Akamai Technologies Inc. Sold out 0.00% −0.13
JBL Jabil Inc. Sold out 0.00% −0.13
QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −0.11
APA Apa Corp. Sold out 0.00% −0.11
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -73.6% 0.04% −0.10
BSV Vanguard Short-Term Bond ETF Reduce -34.9% 0.16% −0.09
CEG Constellation Energy Reduce -41.0% 0.24% −0.09
MCHI iShares MSCI China ETF Sold out 0.00% −0.09
MDB Mongodb Inc. Sold out 0.00% −0.09
TRGP Targa Resources Corp. Reduce -33.0% 0.18% −0.07
IWV iShares Russell 3000 ETF Reduce -24.9% 0.20% −0.07
TIP iShares Tips Bond ETF Sold out 0.00% −0.06
VST Vistra Corp. Reduce -37.9% 0.26% −0.06
SHV iShares 0-1 Year Treasury Bo Reduce -27.9% 0.12% −0.06
XLK SS Technology Select Sector Reduce -0.1% 0.88% −0.05
RIVN Rivian Automotive Inc. Class A Reduce -0.6% 0.15% −0.04
DBP Invesco DB Precious Metals F Sold out 0.00% −0.04
VGK Vanguard Ftse Europe ETF Reduce -35.5% 0.07% −0.04
NOBL Proshares S&P 500 Dividend A Reduce -36.3% 0.07% −0.04
VYM Vanguard High DVD Yield ETF Reduce -36.6% 0.06% −0.03
EMXC iShares MSCI Emr MRK Ex Chna Sold out 0.00% −0.03
JNK SS SPDR BB High Yield Bond Reduce -0.1% 0.84% −0.02
EMB iShares JP Morgan Usd Emergi Reduce -1.2% 0.85% −0.01
IBTJ iShares Ibonds Dec 2029 Term Reduce -0.2% 0.40% −0.01
IBTO iShares Ibonds Dec 2033 Tres Reduce -0.2% 0.40% −0.01
XLC SS Comm Select Sector SPDR Reduce -0.1% 0.92% −0.00
IBDY iShares Ibonds Dec 2033 Corp. Reduce -0.2% 0.17% −0.00
AOM iShares Core 40/60 Moderate Reduce -4.3% 0.03% −0.00
CWB SS SPDR BB Conv Sec ETF Reduce -0.2% 0.87% +0.00
META Meta Platforms Inc. Class A Reduce -0.8% 0.19% +0.01
XLF SS Financial Select Sector Reduce -0.9% 0.53% +0.02
XLP SS Consumer Staples Sel Sect Reduce -0.1% 1.48% +0.03
XLI SS Industrial Select Sector Reduce -0.1% 0.88% +0.04
VFH Vanguard Financials ETF Reduce -0.0% 1.85% +0.07
XLB SS Materials Select Sector Reduce -0.0% 2.36% +0.07
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -0.3% 1.19% +0.12

Portfolio Buys Q2 2024 → Q3 2024
TLT iShares 20+ Year Treasury BD New 1.60% +1.60
RSP Invesco S&P 500 Equal Weight New 0.99% +0.99
VNQ Vanguard Real Estate ETF Add +1176.8% 0.72% +0.67
PLTR Palantir Technologies Inc. Class A Add +333.2% 0.57% +0.48
EMR Emerson Electric Co. Add +506.8% 0.55% +0.45
DVN Devon Energy Corp. Add +372.9% 0.45% +0.33
BALL Ball Corp. New 0.19% +0.19
THC Tenet Healthcare Corp. New 0.19% +0.19
COIN Coinbase Global Inc. Class A New 0.15% +0.15
MBB iShares MBS ETF New 0.12% +0.12
IEF iShares 7-10 Year Treasury B New 0.09% +0.09
VPL Vanguard Ftse Pacific ETF New 0.07% +0.07
VUG Vanguard Mrngstar GR ETF-Sui Add +11.8% 0.74% +0.06
VTV Vanguard Mrngstr Val ETF-Aui Add +4.3% 0.86% +0.06
VXUS Vanguard Total Intl Stock Add +0.0% 3.51% +0.06
BND Vanguard Total Bond Market Add +42.8% 0.18% +0.05
MTUM iShares MSCI USA Momentum Fa New 0.05% +0.05
IJR iShares Core S&P Small-Cap E Add +17.5% 0.25% +0.04
IJH iShares Core S&P Midcap ETF Add +16.8% 0.28% +0.04
GLD SPDR Gold Shares New 0.04% +0.04
VCLT Vanguard Long-Term Corp. Bond Add +3.5% 0.88% +0.04
PDP Invesco Dorsey Wright Moment New 0.04% +0.04
SPLV Invesco S&P 500 Low Volatili New 0.03% +0.03
EFAV iShares MSCI Eafe Min Vol Fa Add +0.2% 0.54% +0.02
NULV Nuveen ESG Large-Cap Val ETF New 0.02% +0.02
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +56.3% 0.04% +0.01
RCL Royal Caribbean Cruises Ltd. Add +2.0% 0.17% +0.01
IWM iShares Russell 2000 ETF Add +4.2% 0.16% +0.01
FCNCA First Citizens Bcshs Class A Add +2.6% 0.19% +0.01
TLRY Tilray Brands Inc. Add +40.0% 0.01% +0.00
FUBO Fubotv Inc. New 0.00% +0.00
VCIT Vanguard Int-Term Corporate Add +0.7% 0.13% −0.00
IWF iShares Russell 1000 Growth Add +0.0% 0.12% −0.00
IBDU iShares Ibonds Dec 2029 Term Add +0.1% 0.15% −0.00
PDBC Invesco Optimum Yield Divers Add +1.4% 0.07% −0.01
VGSH Vanguard Short-Term Treasury Add +1.1% 0.25% −0.01
PSX Phillips 66 Add +7.2% 0.18% −0.01
VRP Invesco Variable Rate Prefer Add +0.3% 0.84% −0.03
TBFG Brinsmere Fund Growth ETF Add +0.1% 29.90% −0.58

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