Evanson Asset Management, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 16, 2025), Evanson Asset Management, LLC reported 305 stock positions worth $1.5 billion. Its top holding was Dimensional US Core Equity 2 (DFAC) at 9.6% of the portfolio, followed by Sprott Physical Gold Trust (PHYS, 7.4%) and Apple (AAPL, 7.3%). Compared with Q3 2024, it opened 14 new positions, sold out of 12, added to 138 and reduced 66. The biggest buy was Roundhill Ball Metaverse ETF (METV, shares +34%) and the biggest sale Sprott Physical Gold Trust (PHYS, shares −2%).

Most Recent 13F
Q1 2026
Location
CARMEL, CA
CIK
0001626379
Portfolio Value
$1.5B (Q4 2024)
SEC Filing
0001085146-25-000238 ↗ filed Jan 16, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.3B Q1 2024 Q2 2024: $1.4B Q2 2024 Q3 2024: $1.4B Q3 2024 Q4 2024: $1.5B $1.5B Q4 2024 Q1 2025: $1.4B Q1 2025 Q2 2025: $1.6B Q2 2025 Q3 2025: $1.8B Q3 2025 Q4 2025: $1.9B Q4 2025 Q1 2026: $1.9B Q1 2026

Holdings 305 stocks · $1.5B
DFAC Dimensional US Core Equity 2 9.58% 4,042,863 $139.8M Add +0.8%
PHYS Sprott Physical Gold Trust 7.35% 5,328,256 $107.3M Reduce -2.5%
AAPL Apple Inc. 7.26% 422,893 $105.9M Reduce -0.1%
DFAS Dimensional US Small Cap ETF 4.75% 1,064,542 $69.3M Add +5.8%
DFAX Dimensional World Ex US Core 4.49% 2,638,492 $65.6M Add +0.5%
DFUS Dimensional US Eq MKT ETF 4.24% 971,577 $61.9M Add +1.0%
DFAT Dimensional US Target Value 4.22% 1,107,372 $61.6M Reduce -0.4%
DFUV Dimensional US Marketwide Va 3.75% 1,336,680 $54.7M Add +0.1%
VTI VG Morningstar TS MKT ETF-US 3.18% 160,217 $46.4M Add +2.3%
DFIV Dimensional International Va 3.11% 1,278,136 $45.3M Add +3.5%
METV Roundhill Ball Metaverse ETF 2.94% 73,319 $42.9M Add +33.5%
GOOGL Alphabet Inc. Class A 2.57% 198,085 $37.5M Reduce -0.1%
GOOG Alphabet Inc. Class C 2.34% 179,218 $34.1M Add +0.0%
DFIS Dimensional International SM 1.93% 1,147,462 $28.2M Add +6.5%
DFSV Dimensional US Small Cap Val 1.87% 886,385 $27.3M Add +9.9%
DISV Dimensional International SM 1.84% 1,009,118 $26.8M Add +5.2%
VOO Vanguard S&P 500 ETF 1.64% 44,393 $23.9M Add +26.4%
DFIC Dimensional International Co. 1.24% 701,762 $18.1M Add +6.7%
DFAI Dimensional International Co. 1.13% 564,627 $16.5M Add +7.0%
VT Vanguard Tot World STK ETF 1.09% 135,381 $15.9M Add +0.5%
AMZN Amazon.com Inc. 1.01% 67,235 $14.8M Reduce -1.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.94% 23,345 $13.7M Add +4.9%
VTEB Vanguard Tax-Exempt Bond ETF 0.93% 270,474 $13.6M Add +9.4%
ALRM Alarm.com Holdings Inc. 0.88% 210,086 $12.8M Reduce -1.9%
DFLV Dim US Large Cap Value ETF 0.85% 412,948 $12.4M Add +19.8%
DFEM Dimensional Emrg MRKT Core 0.84% 470,601 $12.3M Add +8.6%
DFEV Dimensional Emrg MRKT Val 0.84% 466,999 $12.2M Add +6.9%
MSFT Microsoft Corp. 0.79% 27,514 $11.6M Reduce -1.0%
BRK.B Berkshire Hathaway Inc. Class B 0.65% 20,815 $9.4M Reduce -1.3%
IJS iShares S&P Small-Cap 600 Va 0.58% 77,855 $8.5M Add +0.1%
DFGR Dim Global Real Estate ETF 0.53% 303,308 $7.7M Add +15.9%
DHS Wisdomtree US High Dividend 0.52% 81,276 $7.6M Reduce -4.8%
VYM Vanguard High DVD Yield ETF 0.48% 55,120 $7.0M Add +0.5%
NVDA Nvidia Corp. 0.47% 51,123 $6.9M Reduce -0.2%
IWB iShares Russell 1000 ETF 0.44% 19,794 $6.4M Add +0.1%
ACN Accenture PLC Class A 0.43% 17,994 $6.3M No change
CSCO Cisco Systems Inc. 0.37% 91,060 $5.4M Add +0.0%
DLS Wisdomtree Intl S/C DVD Fund 0.37% 85,456 $5.4M Reduce -1.2%
DFAR Dimensional US Real Est ETF 0.35% 220,894 $5.1M Add +3.5%
DFNM Dimensional National Muni BD 0.31% 95,834 $4.6M Add +0.1%
VNQ Vanguard Real Estate ETF 0.31% 50,144 $4.5M Reduce -1.8%
XLK SS Technology Select Sector 0.29% 18,228 $4.2M Reduce -0.5%
BSVO EA Bridgeway Omni Sm-Cp Val 0.28% 186,370 $4.0M No change
VIG Vanguard Dividend Apprec ETF 0.27% 20,429 $4.0M Add +3.7%
DTH Wisdomtree International Hig 0.25% 97,075 $3.7M Reduce -8.2%
VTV Vanguard Mrngstr Val ETF-Aui 0.24% 21,107 $3.6M Add +9.8%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.24% 13,022 $3.5M Reduce -2.2%
OKE Oneok Inc. 0.24% 34,814 $3.5M Add +0.1%
IWF iShares Russell 1000 Growth 0.23% 8,405 $3.4M Reduce -16.6%
IVV iShares Core S&P 500 ETF 0.23% 5,596 $3.3M Reduce -2.1%
TSLA Tesla Inc. 0.22% 7,940 $3.2M Reduce -14.6%
DES Wisdomtree US Smallcap Divid 0.22% 92,286 $3.2M Add +0.1%
VXUS Vanguard Total Intl Stock 0.22% 53,446 $3.1M Add +11.2%
ABCS Alpha Blue Cap US S-M DYN 0.20% 100,755 $2.9M Add +1.7%
DFAW Dimensional World Eqty ETF 0.20% 46,003 $2.9M Add +38.8%
IVW iShares S&P 500 Growth ETF 0.20% 28,037 $2.8M Add +0.0%
EFA iShares MSCI Eafe ETF 0.18% 35,234 $2.7M Reduce -2.1%
VEA Vanguard Ftse Developed ETF 0.18% 54,276 $2.6M Add +6.5%
VTES Vanguard SH Term Tax-Ex Bond 0.18% 25,757 $2.6M Add +0.5%
VSS Vanguard Ftse All Wo X-US SC 0.18% 22,476 $2.6M Add +2.0%
IJR iShares Core S&P Small-Cap E 0.17% 22,007 $2.5M Add +0.6%
XOM Exxon Mobil Corp. 0.17% 23,487 $2.5M Reduce -3.1%
IWD iShares Russell 1000 Value E 0.17% 13,494 $2.5M Reduce -5.8%
VGT Vanguard Info Tech ETF 0.17% 3,994 $2.5M Add +32.8%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.17% 12,445 $2.5M Add +8.8%
SLV iShares Silver Trust 0.17% 91,753 $2.4M No change
CVX Chevron Corp. 0.16% 16,127 $2.3M Reduce -4.2%
EPD Enterprise Products Partners 0.16% 73,470 $2.3M Add +0.4%
IEFA iShares Core MSCI Eafe ETF 0.16% 32,640 $2.3M Add +0.9%
VUG Vanguard Mrngstar GR ETF-Sui 0.16% 5,585 $2.3M Reduce -12.5%
DUHP Dimensional US High Profi Et 0.15% 66,886 $2.3M Add +15.8%
VPL Vanguard Ftse Pacific ETF 0.15% 30,363 $2.2M Add +0.3%
DVY iShares Select Dividend ETF 0.15% 16,306 $2.1M Add +0.1%
VWO Vanguard Ftse Emerging Marke 0.14% 47,540 $2.1M Add +2.6%
BND Vanguard Total Bond Market 0.14% 28,929 $2.1M Add +0.7%
VYMI Vanguard Int High DVD YLD Inc. 0.14% 30,492 $2.1M No change
ADBE Adobe Inc. 0.14% 4,472 $2.0M Add +317.2%
DIHP Dimensional International Hi 0.14% 78,113 $2.0M Add +15.3%
BSV Vanguard Short-Term Bond ETF 0.13% 25,414 $2.0M Add +0.6%
VGK Vanguard Ftse Europe ETF 0.13% 30,932 $2.0M Add +0.2%
JNJ Johnson & Johnson 0.13% 13,407 $1.9M Add +0.2%
VB Vanguard Most SM-Cap ETF-Usd 0.13% 8,016 $1.9M Add +38.0%
XYZ Block Inc. 0.13% 22,500 $1.9M Reduce -0.0%
DFAE Dimensional Emerging Core Eq 0.13% 75,153 $1.9M Add +6.1%
IWC iShares Micro-Cap ETF 0.12% 13,529 $1.8M Add +0.1%
AVGE Avantis All Eqty Mrkts ETF 0.12% 23,620 $1.7M Add +1.1%
IYR iShares US Real Estate ETF 0.12% 18,340 $1.7M Add +0.2%
VDE Vanguard Energy ETF 0.11% 13,694 $1.7M Add +0.7%
VCR Vanguard Consumer Discre ETF 0.11% 4,358 $1.6M Add +0.3%
AMD Advanced Micro Devices 0.11% 13,524 $1.6M Reduce -1.3%
PG The Procter & Gamble Co. 0.11% 9,639 $1.6M Add +0.0%
VFH Vanguard Financials ETF 0.11% 13,547 $1.6M Add +1.1%
SCHD Schwab US DVD Equity ETF 0.11% 56,715 $1.5M Add +28.9%
DFCF Dimensional Core Fixed Inc. 0.10% 36,919 $1.5M Add +5.1%
SCHX Schwab US Large-Cap ETF 0.10% 65,637 $1.5M No change
AVDV Avantis Intl S/C Value ETF 0.10% 23,180 $1.5M Add +21.0%
APPF Appfolio Inc. Class A 0.10% 6,000 $1.5M No change
QQQM Invesco Nasdaq 100 ETF 0.10% 6,649 $1.4M Add +0.1%
SCHF Schwab Intl Equity ETF 0.09% 74,869 $1.4M Add +1.5%
AVDE Avantis International Equity 0.09% 22,276 $1.4M Add +0.3%
AVUV Avantis US Small Cap Value 0.09% 14,093 $1.4M Add +44.0%
SCZ iShares MSCI Eafe Small-Cap 0.09% 22,113 $1.3M Reduce -2.4%
DEM Wisdomtree Emerging Markets 0.09% 32,715 $1.3M Reduce -1.2%
SPYM Ste STR SPDR PT S&P 500 ETF 0.09% 19,066 $1.3M Add +96.3%
JPM JPMorgan Chase & Co. 0.09% 5,429 $1.3M No change
DFAU Dimensional US Core Equity M 0.08% 29,447 $1.2M Add +0.0%
AXP American Express Co. 0.08% 3,989 $1.2M No change
MA Mastercard Inc. Class A 0.08% 2,229 $1.2M Reduce -9.6%
IWM iShares Russell 2000 ETF 0.08% 5,285 $1.2M Add +7.6%
LLY Eli Lilly & Co. 0.08% 1,476 $1.1M Reduce -1.9%
SYLD Cambria Shareholder Yield Et 0.08% 16,483 $1.1M No change
IGV iShares Expanded Tech-Softwa 0.08% 11,226 $1.1M No change
MDY State Street SPDR S&P Midcap 0.08% 1,952 $1.1M Add +0.2%
AVGV Avantis All Eq MKTS Val ETF 0.08% 18,191 $1.1M Add +32.9%
INTU Intuit Inc. 0.08% 1,749 $1.1M No change
XLI SS Industrial Select Sector 0.07% 8,178 $1.1M Add +1.1%
DGS Wisdomtree Em Small Cap 0.07% 21,821 $1.1M Reduce -2.4%
IVE iShares S&P 500 Value ETF 0.07% 5,571 $1.1M Add +0.0%
IWN iShares Russell 2000 Value E 0.07% 6,427 $1.1M No change
CORT Corcept Therapeutics Inc. 0.07% 20,915 $1.1M Reduce -10.8%
GSG iShares S&P Gsci Commodity I 0.07% 47,657 $1.0M Reduce -5.9%
IJH iShares Core S&P Midcap ETF 0.07% 16,424 $1.0M Add +0.7%
AVUS Avantis U.S. Equity ETF 0.07% 10,340 $1.0M Add +0.8%
DEHP Dimensional Emrg MRK Hi Prof 0.07% 40,394 $999K Reduce -0.3%
EEM iShares MSCI Emerging Market 0.07% 23,885 $999K Reduce -0.7%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.06% 3,561 $940K Add +8.5%
MCD McDonald's Corp. 0.06% 3,121 $905K Reduce -1.7%
SCHK Schwab 1000 Index ETF 0.06% 31,564 $894K Add +0.5%
NOW ServiceNow Inc. 0.06% 838 $888K No change
DXYZ Destiny TECH100 Inc. 0.06% 15,000 $883K Reduce -20.0%
BIV Vanguard Intermediate-Term B 0.06% 11,804 $882K Add +66.2%
ICF iShares Select U.S. REIT ETF 0.06% 14,275 $860K No change
VUSB Vanguard Ultra Short Bond Et 0.06% 17,300 $858K Reduce -3.4%
VTIP Vanguard Short-Term Tips 0.06% 17,579 $851K Add +74.0%
CL Colgate-Palmolive Co. 0.06% 9,152 $832K Add +0.1%
WMT Walmart Inc. 0.06% 9,193 $831K Reduce -26.4%
IEMG iShares Core MSCI Emerging 0.06% 15,722 $821K Reduce -3.3%
DXIV Dimensional Intr Vtor E ETF 0.06% 16,989 $817K New
SHY iShares 1-3 Year Treasury Bo 0.05% 9,503 $779K Add +133.8%
DHR Danaher Corp. 0.05% 3,371 $774K No change
WDAY Workday Inc. Class A 0.05% 2,992 $772K Add +45.0%
SCHB Schwab US Broad Market ETF 0.05% 33,884 $769K No change
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.05% 2,642 $765K Reduce -11.9%
AVIV Avantis Intl LRG Cap Val ETF 0.05% 14,716 $764K Add +40.4%
QCOM Qualcomm Inc. 0.05% 4,964 $763K Reduce -3.3%
ORCL Oracle Corp. 0.05% 4,536 $756K Add +4.8%
XLP SS Consumer Staples Sel Sect 0.05% 9,453 $743K Add +0.5%
V Visa Inc. Class A 0.05% 2,334 $738K Reduce -0.0%
SCHO Schwab Short-Term US Treas 0.05% 30,571 $736K Add +1.2%
NFLX Netflix Inc. 0.05% 819 $730K No change
FMDE Fidelity Enhanced Mid Cap Co. 0.05% 21,243 $698K Add +0.3%
COST Costco Wholesale Corp. 0.05% 747 $684K Reduce -2.7%
HD Home Depot Inc. 0.05% 1,755 $683K No change
PM Philip Morris International 0.05% 5,595 $673K No change
BA The Boeing Co. 0.05% 3,889 $672K No change
ICSH iShares Ultra Short Duration 0.04% 12,685 $640K No change
ABBV Abbvie Inc. 0.04% 3,524 $626K No change
FNDX Schwab Fndmntl US LRG Co. ETF 0.04% 26,442 $626K No change
UNP Union Pacific Corp. 0.04% 2,723 $621K No change
IHF iShares U.S. Healthcare Prov 0.04% 12,172 $584K Add +0.1%
DOL Wisdomtree TR DVLP Intnl-Usd 0.04% 11,532 $570K Add +0.2%
SCHG Schwab US Large-Cap Growth 0.04% 20,032 $558K Add +65.7%
ZETA Zeta Global Holdings Corp. Class A 0.04% 30,612 $551K No change
SMAR Smartsheet Inc. Class A 0.04% 9,500 $532K No change
FNDF Schwab Fndmn Intl LRG Co. ETF 0.04% 15,982 $531K Add +0.3%
MCHI iShares MSCI China ETF 0.04% 11,282 $529K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.04% 6,861 $519K Add +0.6%
SON Sonoco Products Co. 0.04% 3,197 $517K No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.04% 1,843 $516K Add +0.1%
SCHA Schwab US Small-Cap ETF 0.04% 19,950 $516K Add +0.5%
AVEM Avantis Emerging Markets Eq 0.04% 8,774 $516K Add +2.2%
PYPL PayPal Holdings Inc. 0.04% 5,986 $511K No change
EFV iShares MSCI Eafe Value ETF 0.03% 9,652 $506K No change
SHOP Shopify Inc. Class A 0.03% 4,761 $506K Reduce -1.5%
JPST JPMorgan Ultra-Short Income 0.03% 10,000 $504K Reduce -33.3%
PDBC Invesco Optimum Yield Divers 0.03% 38,590 $501K Add +4.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.03% 2,256 $496K Add +0.2%
WTW Willis Towers Watson PLC 0.03% 1,576 $494K Reduce -12.7%
CAT Caterpillar Inc. 0.03% 1,350 $490K No change
PSLV Sprott Physical Silver Trust 0.03% 50,300 $485K No change
IYY iShares Dow Jones U.S. ETF 0.03% 3,389 $485K Add +0.3%
GPI Group 1 Automotive Inc. 0.03% 1,150 $485K No change
IWS iShares Russell Mid-Cap Valu 0.03% 3,696 $478K Add +0.0%
VNQI Vanguard GLBL Ex-US Real Est 0.03% 12,075 $478K Add +1.4%
WELL Welltower Inc. 0.03% 3,780 $476K Add +0.2%
IWV iShares Russell 3000 ETF 0.03% 1,406 $470K No change
DON Wisdomtree US Midcap Dividen 0.03% 9,189 $468K Add +0.6%
EFAV iShares MSCI Eafe Min Vol Fa 0.03% 6,598 $467K Add +0.1%
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC 0.03% 14,538 $467K New
ABT Abbott Laboratories 0.03% 4,075 $461K No change
ITOT iShares Core S&P Total U.S. 0.03% 3,556 $457K No change
IDU iShares US Utilities ETF 0.03% 4,747 $457K Add +0.2%
BL Blackline Inc. 0.03% 7,350 $447K No change
CRM Salesforce Inc. 0.03% 1,327 $444K No change
DBEF Xtrackers MSCI Eafe Hedged E 0.03% 10,485 $434K Add +0.7%
AMGN Amgen Inc. 0.03% 1,665 $434K Add +0.1%
CVLT Commvault Systems Inc. 0.03% 2,860 $432K No change
APPN Appian Corp. Class A 0.03% 12,943 $427K No change
AVSC Avantis US Small Cap Equity 0.03% 7,695 $418K Add +9.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.03% 3,718 $414K Reduce -2.6%
TMO Thermo Fisher Scientific Inc. 0.03% 795 $414K No change
MO Altria Group Inc. 0.03% 7,701 $403K Add +0.3%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.03% 2,469 $399K Add +0.3%
PFE Pfizer Inc. 0.03% 14,912 $396K Add +3.6%
TIP iShares Tips Bond ETF 0.03% 3,672 $391K Add +0.1%
STT State Street Corp. 0.03% 3,975 $390K No change
CYRX Cryoport Inc. 0.03% 50,000 $389K No change
DCOR Dimensional US Core Eq 1 ETF 0.03% 5,903 $379K New
VGSH Vanguard Short-Term Treasury 0.03% 6,451 $375K Reduce -8.4%
SCHE Schwab Emrg Mrkts Eqty ETF 0.03% 14,055 $374K Add +1.9%
KMI Kinder Morgan Inc. 0.02% 13,231 $363K Add +0.4%
MAA Mid-America Apartment Comm 0.02% 2,330 $360K No change
INFL Horizon Kinetics Infl Benef 0.02% 9,455 $360K Add +0.5%
TLRY Tilray Brands Inc. 0.02% 262,798 $350K No change
SPDW Ste STR SPDR PT DW Eu ETF 0.02% 10,235 $349K Reduce -30.0%
VCIT Vanguard Int-Term Corporate 0.02% 4,337 $348K Add +73.8%
FCX Freeport-McMoran Inc. 0.02% 9,060 $345K Add +19.8%
HEFA Isha Curr Hedged MSCI Eafe 0.02% 9,831 $342K Add +1.4%
MGNI Magnite Inc. 0.02% 21,171 $337K No change
AVDS Avantis Intl SM Cap Eq ETF 0.02% 6,437 $334K Add +11.9%
EFG iShares MSCI Eafe Growth ETF 0.02% 3,428 $332K No change
STPZ PIMCO 1-5 Year US Tips Index 0.02% 6,306 $330K No change
UNH Unitedhealth Group Inc. 0.02% 648 $328K No change
MRK Merck & Co. Inc. 0.02% 3,284 $327K Reduce -25.2%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.02% 8,464 $325K No change
ESNT Essent Group Ltd. 0.02% 5,934 $323K No change
DUSB Dimension Ultrashort Fi ETF 0.02% 6,379 $323K Reduce -4.4%
PEP Pepsico Inc. 0.02% 2,114 $322K No change
BNDX Vanguard Total Intl Bond ETF 0.02% 6,539 $321K Add +2.3%
FTNT Fortinet Inc. 0.02% 3,363 $318K No change
VEU Vanguard Ftse All-World Ex-U 0.02% 5,532 $318K Reduce -2.5%
DXUV Dimensional US Vtor Eqty ETF 0.02% 5,986 $316K New
BAR Graniteshares Gold Trust 0.02% 12,204 $316K No change
AEM Agnico Eagle Mines Ltd. 0.02% 4,023 $315K No change
NEE Nextera Energy Inc. 0.02% 4,335 $311K Add +0.3%
T AT&T Inc. 0.02% 13,576 $309K Reduce -12.8%
CMG Chipotle Mexican Grill Inc. 0.02% 5,020 $303K No change
SCHV Schwab US Large-Cap Value 0.02% 11,553 $301K Add +0.1%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.02% 1,172 $297K Add +0.1%
DFCA Dimensional Calfornia MB ETF 0.02% 5,881 $294K Add +1.7%
FLOT iShares Floating Rate Bond E 0.02% 5,746 $292K New
IBIT iShares Bitcoin Trust ETF 0.02% 5,466 $290K New
SBUX Starbucks Corp. 0.02% 3,158 $288K Add +0.1%
VXF Vanguard Extended Market ETF 0.02% 1,512 $287K No change
XLE SS Energy Select Sector 0.02% 3,339 $286K Reduce -5.5%
BMVP Invesco Bloomberg MVP Multi- 0.02% 6,021 $282K No change
IEUR iShares Core MSCI Europe ETF 0.02% 5,217 $282K No change
BEP Brookfield Renewable Partner 0.02% 12,326 $281K No change
EEMV iShares MSCI Emg MKT Min Vol 0.02% 4,844 $281K No change
RWO State Street SPDR Dow Jones 0.02% 6,547 $281K Add +0.0%
ILCG iShares Morningstar Growth E 0.02% 3,100 $278K No change
O Realty Income Corp. 0.02% 5,172 $276K Add +0.3%
VPU Vanguard Utilities ETF 0.02% 1,683 $275K No change
SPYX SS SPDR S&P 500 Foss FL ETF 0.02% 5,648 $272K No change
VHT Vanguard Health Care ETF 0.02% 1,069 $271K Add +36.2%
IGSB iShares 1-5Y Inv Grade Corp. 0.02% 5,214 $270K Add +1.7%
INTC Intel Corp. 0.02% 13,280 $266K Reduce -8.3%
SCHR Schwab Intermediate-Term US 0.02% 10,914 $265K Add +1.2%
SGOV iShares 0-3 Month Treasury B 0.02% 2,639 $265K Reduce -14.6%
XLB SS Materials Select Sector 0.02% 3,142 $264K Add +0.3%
IGIB iShares 5-10Y Inv Grade Corp. 0.02% 5,102 $263K Add +1.7%
OKTA Okta Inc. 0.02% 3,282 $259K New
CET Central Securities Corp. 0.02% 5,653 $258K No change
SMH Vaneck Semiconductor ETF 0.02% 1,052 $255K No change
BKNG Booking Holdings Inc. 0.02% 51 $254K No change
MDB Mongodb Inc. 0.02% 1,087 $253K Reduce -12.1%
GD General Dynamics Corp. 0.02% 957 $252K No change
ALGN Align Technology Inc. 0.02% 1,200 $250K No change
ADP Automatic Data Processing 0.02% 851 $249K Reduce -21.9%
CRWD CrowdStrike Holdings Inc. Class A 0.02% 727 $249K Reduce -37.5%
NOBL Proshares S&P 500 Dividend A 0.02% 2,467 $246K Add +0.1%
BIP Brookfield Infrastructure Pa 0.02% 7,715 $245K No change
XSVM Invesco S&P Smallcap Value W 0.02% 4,455 $243K No change
SPYG SS SPDR P S&P 500 Growth ETF 0.02% 2,752 $242K No change
COP Conocophillips 0.02% 2,413 $239K New
AVRE Avantis Real Estate ETF 0.02% 5,689 $238K New
FDX FedEx Corp. 0.02% 829 $233K No change
WY Weyerhaeuser Co. 0.02% 8,245 $232K Reduce -20.8%
BINC iShares Flex I A ETF-Usd Inc. 0.02% 4,447 $231K No change
IUSV iShares Core S&P U.S. Value 0.02% 2,491 $231K No change
VRTX Vertex Pharmaceuticals Inc. 0.02% 566 $228K No change
IMCG iShares Morningstar Mid-Cap 0.02% 3,000 $227K No change
STIP iShares 0-5 Year Tips Bond E 0.02% 2,241 $225K No change
AVSD Avantis Reps Intern Equi ETF 0.02% 4,004 $223K Add +1.4%
IWP iShares Russell Mid-Cap Grow 0.01% 1,662 $211K New
AAL American Airlines Group Inc. 0.01% 12,084 $211K No change
ARCC Ares Capital Corp. 0.01% 9,541 $209K New
VZ Verizon Communications Inc. 0.01% 5,203 $208K Reduce -8.6%
GS Goldman Sachs Group Inc. 0.01% 356 $204K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.01% 1,684 $203K Reduce -23.2%
ILCB iShares Morningstar U.S. Equ 0.01% 2,500 $203K New
KO The Coca-Cola Co. 0.01% 3,235 $201K Reduce -5.3%
DE Deere & Co. 0.01% 474 $201K Reduce -20.1%
SMR Nuscale Power Corp. 0.01% 11,000 $197K Reduce -65.6%
AGI Alamos Gold Inc. Class A 0.01% 10,400 $192K No change
AES AES Corp. 0.01% 13,500 $174K No change
COMP Compass Inc. Class A 0.01% 19,500 $114K No change
RWT Redwood Trust Inc. 0.01% 14,000 $91K No change
PBI Pitney Bowes Inc. 0.01% 10,923 $79K Add +0.6%
FSCO FS Credit Opportunities Corp. 0.01% 11,418 $78K No change
NGD New Gold Inc. 0.00% 26,584 $66K No change
LTBR Lightbridge Corp. 0.00% 10,000 $47K New
BARK Bark Inc. 0.00% 23,000 $42K No change
BITF Bitfarms Ltd./Canada 0.00% 13,981 $21K Reduce -15.0%
ATOS Atossa Therapeutics Inc. 0.00% 10,000 $9K No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $597K (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 245$299KNo change
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 250$299KNo change

Total filed on the 13F, all lines: $1.5B.

Portfolio Sells Q3 2024 → Q4 2024
PHYS Sprott Physical Gold Trust Reduce -2.5% 7.35% −0.51
DFAT Dimensional US Target Value Reduce -0.4% 4.22% −0.14
DTH Wisdomtree International Hig Reduce -8.2% 0.25% −0.06
DLS Wisdomtree Intl S/C DVD Fund Reduce -1.2% 0.37% −0.05
MSFT Microsoft Corp. Reduce -1.0% 0.79% −0.05
SCTXX Schwab Amt Tax FR MNY-Ultra Sold out 0.00% −0.05
AMD Advanced Micro Devices Reduce -1.3% 0.11% −0.05
LRCX Lam Research Corp. Sold out 0.00% −0.05
DHS Wisdomtree US High Dividend Reduce -4.8% 0.52% −0.05
VNQ Vanguard Real Estate ETF Reduce -1.8% 0.31% −0.04
URA Global X Uranium ETF Sold out 0.00% −0.04
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.3% 0.65% −0.04
IWF iShares Russell 1000 Growth Reduce -16.6% 0.23% −0.04
EFA iShares MSCI Eafe ETF Reduce -2.1% 0.18% −0.03
XOM Exxon Mobil Corp. Reduce -3.1% 0.17% −0.03
ANET Arista Networks Inc. Sold out 0.00% −0.02
MLPA Global X MLP ETF Sold out 0.00% −0.02
IWD iShares Russell 1000 Value E Reduce -5.8% 0.17% −0.02
JPST JPMorgan Ultra-Short Income Reduce -33.3% 0.03% −0.02
FLR Fluor Corp. Sold out 0.00% −0.02
ED Consolidated Edison Inc. Sold out 0.00% −0.02
SCZ iShares MSCI Eafe Small-Cap Reduce -2.4% 0.09% −0.02
BSJO Invesco Bulletshares 2024 HY Sold out 0.00% −0.02
LLY Eli Lilly & Co. Reduce -1.9% 0.08% −0.02
VUG Vanguard Mrngstar GR ETF-Sui Reduce -12.5% 0.16% −0.02
MMM 3M Co. Sold out 0.00% −0.02
CVX Chevron Corp. Reduce -4.2% 0.16% −0.01
SPDW Ste STR SPDR PT DW Eu ETF Reduce -30.0% 0.02% −0.01
NSC Norfolk Southern Corp. Sold out 0.00% −0.01
WMT Walmart Inc. Reduce -26.4% 0.06% −0.01
MRK Merck & Co. Inc. Reduce -25.2% 0.02% −0.01
SMR Nuscale Power Corp. Reduce -65.6% 0.01% −0.01
DEM Wisdomtree Emerging Markets Reduce -1.2% 0.09% −0.01
DGS Wisdomtree Em Small Cap Reduce -2.4% 0.07% −0.01
IEMG iShares Core MSCI Emerging Reduce -3.3% 0.06% −0.01
EEM iShares MSCI Emerging Market Reduce -0.7% 0.07% −0.01
QCOM Qualcomm Inc. Reduce -3.3% 0.05% −0.01
WY Weyerhaeuser Co. Reduce -20.8% 0.02% −0.01
DEHP Dimensional Emrg MRK Hi Prof Reduce -0.3% 0.07% −0.01
IVV iShares Core S&P 500 ETF Reduce -2.1% 0.23% −0.01
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -2.2% 0.24% −0.01
MDB Mongodb Inc. Reduce -12.1% 0.02% −0.01
MCD McDonald's Corp. Reduce -1.7% 0.06% −0.01
CRWD CrowdStrike Holdings Inc. Class A Reduce -37.5% 0.02% −0.01
INTC Intel Corp. Reduce -8.3% 0.02% −0.01
MA Mastercard Inc. Class A Reduce -9.6% 0.08% −0.01
CORT Corcept Therapeutics Inc. Reduce -10.8% 0.07% −0.00
TJX TJX Companies Inc. Reduce -23.2% 0.01% −0.00
VUSB Vanguard Ultra Short Bond Et Reduce -3.4% 0.06% −0.00
ADP Automatic Data Processing Reduce -21.9% 0.02% −0.00

Portfolio Buys Q3 2024 → Q4 2024
METV Roundhill Ball Metaverse ETF Add +33.5% 2.94% +0.96
VOO Vanguard S&P 500 ETF Add +26.4% 1.64% +0.33
GOOG Alphabet Inc. Class C Add +0.0% 2.34% +0.22
DFAS Dimensional US Small Cap ETF Add +5.8% 4.75% +0.14
DFSV Dimensional US Small Cap Val Add +9.9% 1.87% +0.12
DFLV Dim US Large Cap Value ETF Add +19.8% 0.85% +0.10
ADBE Adobe Inc. Add +317.2% 0.14% +0.10
DXIV Dimensional Intr Vtor E ETF New 0.06% +0.06
VTI VG Morningstar TS MKT ETF-US Add +2.3% 3.18% +0.05
DFAW Dimensional World Eqty ETF Add +38.8% 0.20% +0.05
VGT Vanguard Info Tech ETF Add +32.8% 0.17% +0.05
SPYM Ste STR SPDR PT S&P 500 ETF Add +96.3% 0.09% +0.04
VTEB Vanguard Tax-Exempt Bond ETF Add +9.4% 0.93% +0.04
SPY SS SPDR S&P 500 ETF Trust-US Add +4.9% 0.94% +0.04
VB Vanguard Most SM-Cap ETF-Usd Add +38.0% 0.13% +0.03
DJP Ipath Bloomberg Commodity Inc. New 0.03% +0.03
SHY iShares 1-3 Year Treasury Bo Add +133.8% 0.05% +0.03
CSCO Cisco Systems Inc. Add +0.0% 0.37% +0.03
AVUV Avantis US Small Cap Value Add +44.0% 0.09% +0.03
DCOR Dimensional US Core Eq 1 ETF New 0.03% +0.03
VTIP Vanguard Short-Term Tips Add +74.0% 0.06% +0.02
DFUS Dimensional US Eq MKT ETF Add +1.0% 4.24% +0.02
DXUV Dimensional US Vtor Eqty ETF New 0.02% +0.02
BIV Vanguard Intermediate-Term B Add +66.2% 0.06% +0.02
FLOT iShares Floating Rate Bond E New 0.02% +0.02
IBIT iShares Bitcoin Trust ETF New 0.02% +0.02
SCHD Schwab US DVD Equity ETF Add +28.9% 0.11% +0.02
OKTA Okta Inc. New 0.02% +0.02
WDAY Workday Inc. Class A Add +45.0% 0.05% +0.02
COP Conocophillips New 0.02% +0.02
AVRE Avantis Real Estate ETF New 0.02% +0.02
DUHP Dimensional US High Profi Et Add +15.8% 0.15% +0.02
SCHG Schwab US Large-Cap Growth Add +65.7% 0.04% +0.02
OKE Oneok Inc. Add +0.1% 0.24% +0.02
AVGV Avantis All Eq MKTS Val ETF Add +32.9% 0.08% +0.02
IWP iShares Russell Mid-Cap Grow New 0.01% +0.01
ARCC Ares Capital Corp. New 0.01% +0.01
GS Goldman Sachs Group Inc. New 0.01% +0.01
ILCB iShares Morningstar U.S. Equ New 0.01% +0.01
AVIV Avantis Intl LRG Cap Val ETF Add +40.4% 0.05% +0.01
VCIT Vanguard Int-Term Corporate Add +73.8% 0.02% +0.01
VTV Vanguard Mrngstr Val ETF-Aui Add +9.8% 0.24% +0.01
AVDV Avantis Intl S/C Value ETF Add +21.0% 0.10% +0.01
VCR Vanguard Consumer Discre ETF Add +0.3% 0.11% +0.01
EPD Enterprise Products Partners Add +0.4% 0.16% +0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Add +8.8% 0.17% +0.01
VFH Vanguard Financials ETF Add +1.1% 0.11% +0.01
IVW iShares S&P 500 Growth ETF Add +0.0% 0.20% +0.01
KMI Kinder Morgan Inc. Add +0.4% 0.02% +0.00
IWM iShares Russell 2000 ETF Add +7.6% 0.08% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2026 319$1.9BDFAC, VBIL, PHYS, DFAS, DFAX
Q4 2025 324$1.9BDFAC, VBIL, PHYS, DFAS, DFAX
Q3 2025 321$1.8BDFAC, PHYS, VBIL, DFAS, AAPL
Q2 2025 323$1.6BDFAC, PHYS, VBIL, DFAX, AAPL
Q1 2025 305$1.4BDFAC, PHYS, AAPL, DFAS, DFAX
Q4 2024 305$1.5BDFAC, PHYS, AAPL, DFAS, DFAX
Q3 2024 303$1.4BDFAC, PHYS, AAPL, DFAX, DFAS
Q2 2024 297$1.4BDFAC, PHYS, AAPL, DFAX, METV
Q1 2024 305$1.3BDFAC, PHYS, AAPL, DFAX, DFAT