Estate Counselors, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 31, 2025), Estate Counselors, LLC reported 89 stock positions worth $1.2 billion. Its top holding was Brinsmere Fund Growth ETF (TBFG) at 32.1% of the portfolio, followed by Brinsmere Fund Conservative (TBFC, 28.5%) and Vanguard Total Intl Stock (VXUS, 3.3%). Compared with Q2 2025, it opened 28 new positions, sold out of 21, added to 35 and reduced 7. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +1238%) and the biggest sale Brinsmere Fund Conservative (TBFC, shares −0%).

Most Recent 13F
Q2 2026
Location
Thiensville, WI
CIK
0001559832
Portfolio Value
$1.2B (Q3 2025)
SEC Filing
0001172661-25-004526 ↗ filed Oct 31, 2025

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 Q3 2024 Q4 2024: $935.4M Q4 2024 Q1 2025: $964.7M Q1 2025 Q2 2025: $1.0B Q2 2025 Q3 2025: $1.2B $1.2B Q3 2025 Q4 2025: $1.2B Q4 2025 Q1 2026: $1.1B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 89 stocks · $1.2B
TBFG Brinsmere Fund Growth ETF 32.10% 12,666,365 $373.9M Add +12.4%
TBFC Brinsmere Fund Conservative 28.54% 11,864,817 $332.4M Reduce -0.0%
VXUS Vanguard Total Intl Stock 3.26% 517,325 $38.0M Add +7.6%
XLP SS Consumer Staples Sel Sect 1.69% 250,938 $19.7M Add +9.8%
VTI VG Morningstar TS MKT ETF-US 1.68% 59,786 $19.6M Add +1238.4%
FUTY Fidelity MSCI US Utilities 1.30% 269,095 $15.2M Add +0.1%
XLB SS Materials Select Sector 1.27% 165,298 $14.8M Add +6.2%
BND Vanguard Total Bond Market 1.25% 195,070 $14.5M Add +6.3%
VDE Vanguard Energy ETF 1.23% 113,970 $14.3M Add +1.8%
XLV SS Health Care Select Sector 1.21% 100,935 $14.0M Add +8.1%
XLC SS Comm Select Sector SPDR 1.01% 99,247 $11.7M Add +4.0%
CWB SS SPDR BB Conv Sec ETF 1.00% 128,695 $11.6M New
VCSH Vanguard S/T Corp. Bond ETF 0.99% 144,620 $11.6M Add +13.7%
EMB iShares JP Morgan Usd Emergi 0.94% 115,005 $10.9M New
STIP iShares 0-5 Year Tips Bond E 0.92% 104,205 $10.8M Add +17.7%
TIP iShares Tips Bond ETF 0.92% 96,745 $10.8M New
SJNK SS SPDR BB St Hi Yield ETF 0.92% 419,685 $10.7M New
XLY SS Consumer Disc Select Sect 0.83% 40,160 $9.6M Add +5.0%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.77% 103,209 $9.0M Add +20.5%
QQQ Invesco QQQ Trust Series 1 0.68% 13,133 $7.9M Add +7.0%
BSV Vanguard Short-Term Bond ETF 0.67% 98,546 $7.8M Reduce -54.3%
VGSH Vanguard Short-Term Treasury 0.62% 123,027 $7.2M Add +18.6%
SHV iShares 0-1 Year Treasury Bo 0.62% 65,350 $7.2M Add +4.6%
HOOD Robinhood Markets Inc. Class A 0.61% 49,645 $7.1M Add +0.1%
VUG Vanguard Mrngstar GR ETF-Sui 0.61% 14,709 $7.1M Add +7.8%
VFH Vanguard Financials ETF 0.57% 50,980 $6.7M No change
XLK SS Technology Select Sector 0.55% 22,870 $6.4M Add +7.7%
IWF iShares Russell 1000 Growth 0.55% 13,636 $6.4M Add +7.4%
PLTR Palantir Technologies Inc. Class A 0.53% 33,600 $6.1M Add +0.1%
AVDV Avantis Intl S/C Value ETF 0.51% 67,135 $6.0M New
DFEV Dimensional Emrg MRKT Val 0.50% 181,250 $5.8M New
EFAV iShares MSCI Eafe Min Vol Fa 0.49% 67,061 $5.7M Add +7.4%
DFIC Dimensional International Co. 0.46% 162,665 $5.3M New
DFIV Dimensional International Va 0.45% 114,400 $5.3M New
FNDF Schwab Fndmn Intl LRG Co. ETF 0.42% 113,830 $4.9M New
NXT Nextpower Inc. filed as NEXTRACKER INC 0.40% 62,622 $4.6M Add +0.4%
GM General Motors Co. 0.39% 74,960 $4.6M Add +0.5%
AVGO Broadcom Inc. 0.39% 13,711 $4.5M Add +0.4%
GEV GE Vernova Inc. 0.39% 7,296 $4.5M Add +0.4%
ELAN Elanco Animal Health Inc. 0.36% 210,633 $4.2M New
NEM Newmont Corp. 0.36% 49,605 $4.2M New
FIX Comfort Systems USA Inc. 0.35% 4,918 $4.1M New
TLN Talen Energy Corp. 0.35% 9,507 $4.0M New
ALAB Astera Labs Inc. 0.35% 20,619 $4.0M New
SOFI Sofi Technologies Inc. 0.33% 146,868 $3.9M New
CHTR Charter Communications Inc. Class A 0.33% 13,994 $3.8M New
APH Amphenol Corp. Class A 0.33% 30,955 $3.8M New
ELF Elf Beauty Inc. 0.32% 28,492 $3.8M New
FIVE Five Below 0.32% 24,274 $3.8M New
BA The Boeing Co. 0.31% 16,792 $3.6M Add +0.4%
EIX Edison International 0.31% 64,423 $3.6M Add +0.7%
CRBG Corebridge Financial Inc. 0.30% 108,693 $3.5M Add +0.5%
NFLX Netflix Inc. 0.29% 2,857 $3.4M Add +0.7%
CELH Celsius Holdings Inc. 0.29% 59,581 $3.4M New
CMCSA Comcast Corp. Class A 0.29% 108,125 $3.4M New
WDC Western Digital Corp. 0.27% 25,821 $3.1M New
STX Seagate Technology Holdings 0.22% 10,834 $2.6M New
CRDO Credo Technology Group Holdi 0.22% 17,500 $2.5M New
XLF SS Financial Select Sector 0.20% 43,927 $2.4M Add +31.2%
SPYM Ste STR SPDR PT S&P 500 ETF 0.14% 20,506 $1.6M Add +0.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.11% 1,850 $1.2M No change
VCIT Vanguard Int-Term Corporate 0.10% 13,416 $1.1M No change
BIV Vanguard Intermediate-Term B 0.09% 13,710 $1.1M No change
XLE SS Energy Select Sector 0.09% 11,865 $1.1M Add +165.7%
VTV Vanguard Mrngstr Val ETF-Aui 0.09% 5,412 $1.0M No change
NVDA Nvidia Corp. 0.08% 4,960 $925K No change
VWO Vanguard Ftse Emerging Marke 0.07% 14,385 $779K No change
GLD SPDR Gold Shares 0.07% 2,140 $761K Reduce -88.3%
VPL Vanguard Ftse Pacific ETF 0.06% 8,585 $754K No change
NULG Nuveen ESG LRG-Cap GRW ETF 0.06% 7,520 $748K New
VGK Vanguard Ftse Europe ETF 0.06% 8,625 $688K Reduce -3.0%
MTUM iShares MSCI USA Momentum Fa 0.05% 2,400 $615K No change
EMXC iShares MSCI Emr MRK Ex Chna 0.05% 8,925 $603K No change
TLT iShares 20+ Year Treasury BD 0.05% 6,440 $576K No change
BLV Vanguard Long-Term Bond ETF 0.05% 7,905 $560K No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.05% 6,670 $542K Reduce -90.5%
ESGU iShares ESG Aware MSCI USA 0.05% 3,700 $539K No change
EAGG iShares ESG Aware US Aggrega 0.04% 9,825 $472K No change
ESGV Vanguard ESG US Stock ETF 0.04% 3,975 $471K Add +64.3%
PDBC Invesco Optimum Yield Divers 0.04% 32,965 $443K No change
FMBH First Mid Bancshares Inc. 0.04% 11,385 $431K No change
SPMD SS SPDR P S&P 400 Midcap ETF 0.03% 7,030 $402K No change
INTC Intel Corp. 0.03% 10,000 $336K Reduce -16.7%
XLRE SS Real Estate Select Sector 0.02% 6,780 $286K No change
PFE Pfizer Inc. 0.02% 10,000 $255K New
AOM iShares Core 40/60 Moderate 0.02% 5,100 $243K Reduce -4.2%
COPX Global X Copper Miners ETF 0.02% 3,800 $227K New
IJR iShares Core S&P Small-Cap E 0.02% 1,827 $217K New
TLRY Tilray Brands Inc. 0.01% 70,000 $121K No change

Portfolio Sells Q2 2025 → Q3 2025
TBFC Brinsmere Fund Conservative Reduce -0.0% 28.54% −2.94
BSV Vanguard Short-Term Bond ETF Reduce -54.3% 0.67% −1.00
SHY iShares 1-3 Year Treasury Bo Sold out 0.00% −0.92
BKLN Invesco Senior Loan ETF Sold out 0.00% −0.92
MINT PIMCO Enhanced Short Maturit Sold out 0.00% −0.92
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -90.5% 0.05% −0.51
ISTB iShares Core 1-5 Year Usd Bo Sold out 0.00% −0.50
GLD SPDR Gold Shares Reduce -88.3% 0.07% −0.48
SPOT Spotify Technology SA Sold out 0.00% −0.38
HWM Howmet Aerospace Inc. Sold out 0.00% −0.37
ATI Ati Inc. Sold out 0.00% −0.37
VRSN Verisign Inc. Sold out 0.00% −0.37
PR Permian Resources Corp. Class A Sold out 0.00% −0.36
OPCH Option Care Health Inc. Sold out 0.00% −0.36
GE General Electric Sold out 0.00% −0.36
NRG NRG Energy Inc. Sold out 0.00% −0.36
DVN Devon Energy Corp. Sold out 0.00% −0.35
PM Philip Morris International Sold out 0.00% −0.35
MOS The Mosaic Co. Sold out 0.00% −0.35
STLA Stellantis NV Sold out 0.00% −0.33
CHWY Chewy Inc. Class A Sold out 0.00% −0.31
DUOL Duolingo Sold out 0.00% −0.28
OKTA Okta Inc. Sold out 0.00% −0.27
XJH Ishare ESG SS S&P Midcap ETF Sold out 0.00% −0.03
ESML iShares ESG Aware MSCI USA S Sold out 0.00% −0.03
VGK Vanguard Ftse Europe ETF Reduce -3.0% 0.06% −0.01
AOM iShares Core 40/60 Moderate Reduce -4.2% 0.02% −0.00
INTC Intel Corp. Reduce -16.7% 0.03% +0.00

Portfolio Buys Q2 2025 → Q3 2025
VTI VG Morningstar TS MKT ETF-US Add +1238.4% 1.68% +1.55
TBFG Brinsmere Fund Growth ETF Add +12.4% 32.10% +1.20
CWB SS SPDR BB Conv Sec ETF New 1.00% +1.00
EMB iShares JP Morgan Usd Emergi New 0.94% +0.94
TIP iShares Tips Bond ETF New 0.92% +0.92
SJNK SS SPDR BB St Hi Yield ETF New 0.92% +0.92
AVDV Avantis Intl S/C Value ETF New 0.51% +0.51
DFEV Dimensional Emrg MRKT Val New 0.50% +0.50
DFIC Dimensional International Co. New 0.46% +0.46
DFIV Dimensional International Va New 0.45% +0.45
FNDF Schwab Fndmn Intl LRG Co. ETF New 0.42% +0.42
ELAN Elanco Animal Health Inc. New 0.36% +0.36
NEM Newmont Corp. New 0.36% +0.36
FIX Comfort Systems USA Inc. New 0.35% +0.35
TLN Talen Energy Corp. New 0.35% +0.35
ALAB Astera Labs Inc. New 0.35% +0.35
SOFI Sofi Technologies Inc. New 0.33% +0.33
CHTR Charter Communications Inc. Class A New 0.33% +0.33
APH Amphenol Corp. Class A New 0.33% +0.33
ELF Elf Beauty Inc. New 0.32% +0.32
FIVE Five Below New 0.32% +0.32
CELH Celsius Holdings Inc. New 0.29% +0.29
CMCSA Comcast Corp. Class A New 0.29% +0.29
WDC Western Digital Corp. New 0.27% +0.27
STX Seagate Technology Holdings New 0.22% +0.22
CRDO Credo Technology Group Holdi New 0.22% +0.22
HOOD Robinhood Markets Inc. Class A Add +0.1% 0.61% +0.15
XLU St Sr Utl SL SE SPDR ETF-Usd Add +20.5% 0.77% +0.09
PLTR Palantir Technologies Inc. Class A Add +0.1% 0.53% +0.08
NXT Nextpower Inc. Add +0.4% 0.40% +0.06
NULG Nuveen ESG LRG-Cap GRW ETF New 0.06% +0.06
XLE SS Energy Select Sector Add +165.7% 0.09% +0.05
GM General Motors Co. Add +0.5% 0.39% +0.03
XLF SS Financial Select Sector Add +31.2% 0.20% +0.03
STIP iShares 0-5 Year Tips Bond E Add +17.7% 0.92% +0.03
XLK SS Technology Select Sector Add +7.7% 0.55% +0.02
VGSH Vanguard Short-Term Treasury Add +18.6% 0.62% +0.02
PFE Pfizer Inc. New 0.02% +0.02
COPX Global X Copper Miners ETF New 0.02% +0.02
IJR iShares Core S&P Small-Cap E New 0.02% +0.02
AVGO Broadcom Inc. Add +0.4% 0.39% +0.02
IWF iShares Russell 1000 Growth Add +7.4% 0.55% +0.02
VUG Vanguard Mrngstar GR ETF-Sui Add +7.8% 0.61% +0.02
ESGV Vanguard ESG US Stock ETF Add +64.3% 0.04% +0.01
QQQ Invesco QQQ Trust Series 1 Add +7.0% 0.68% +0.01
XLY SS Consumer Disc Select Sect Add +5.0% 0.83% +0.01
GEV GE Vernova Inc. Add +0.4% 0.39% +0.01
VCSH Vanguard S/T Corp. Bond ETF Add +13.7% 0.99% −0.00
VXUS Vanguard Total Intl Stock Add +7.6% 3.26% −0.00
SPYM Ste STR SPDR PT S&P 500 ETF Add +0.0% 0.14% −0.01

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