Evanson Asset Management, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 8, 2026), Evanson Asset Management, LLC reported 319 stock positions worth $1.9 billion. Its top holding was Dimensional US Core Equity 2 (DFAC) at 8.3% of the portfolio, followed by Vanguard 0-3M T-Bill ETF (VBIL, 7.6%) and Sprott Physical Gold Trust (PHYS, 7.3%). Compared with Q4 2025, it opened 9 new positions, sold out of 14, added to 121 and reduced 114. The biggest buy was Dimensional US Small Cap Val (DFSV, shares +9%) and the biggest sale Alphabet Class C (GOOG, shares −1%).

Most Recent 13F
Q1 2026
Location
CARMEL, CA
CIK
0001626379
Portfolio Value
$1.9B (Q1 2026)
SEC Filing
0001626379-26-000002 ↗ filed Apr 8, 2026

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 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 $1.9B Q1 2026

Holdings 319 stocks · $1.9B
DFAC Dimensional US Core Equity 2 8.33% 3,991,743 $155.1M Reduce -0.3%
VBIL Vanguard 0-3M T-Bill ETF 7.64% 1,879,681 $142.2M Reduce -1.3%
PHYS Sprott Physical Gold Trust 7.31% 3,839,307 $136.1M Reduce -5.9%
DFAS Dimensional US Small Cap ETF 4.63% 1,211,136 $86.1M Add +4.2%
DFAX Dimensional World Ex US Core 4.20% 2,304,226 $78.3M Add +0.0%
DFIV Dimensional International Va 3.97% 1,402,336 $74.0M Add +1.1%
AAPL Apple Inc. 3.64% 266,862 $67.7M Add +0.6%
DFAT Dimensional US Target Value 3.62% 1,080,817 $67.5M Reduce -0.3%
DFUS Dimensional US Eq MKT ETF 3.58% 939,846 $66.6M Reduce -1.1%
DFUV Dimensional US Marketwide Va 3.48% 1,338,275 $64.9M Add +0.4%
VTI VG Morningstar TS MKT ETF-US 2.82% 163,814 $52.6M Add +0.5%
GOOGL Alphabet Inc. Class A 2.61% 169,395 $48.6M Add +0.0%
DFIS Dimensional International SM 2.53% 1,401,653 $47.2M Add +4.9%
DISV Dimensional International SM 2.51% 1,186,477 $46.8M Add +3.8%
GOOG Alphabet Inc. Class C 2.26% 146,422 $42.0M Reduce -1.0%
DFSV Dimensional US Small Cap Val 2.10% 1,114,611 $39.1M Add +8.5%
VOO Vanguard S&P 500 ETF 1.73% 53,949 $32.2M Add +11.9%
DFIC Dimensional International Co. 1.52% 798,853 $28.4M Reduce -0.1%
DFAI Dimensional International Co. 1.37% 652,779 $25.4M Add +8.2%
DFLV Dim US Large Cap Value ETF 1.15% 601,058 $21.5M Add +13.8%
METV Roundhill Ball Metaverse ETF 1.13% 36,774 $21.0M Reduce -3.4%
DFEV Dimensional Emrg MRKT Val 1.12% 585,452 $20.9M Add +6.2%
DFEM Dimensional Emrg MRKT Core 1.09% 586,553 $20.3M Add +1.3%
VT Vanguard Tot World STK ETF 1.02% 137,354 $19.0M Add +0.2%
VTEB Vanguard Tax-Exempt Bond ETF 0.88% 328,916 $16.4M Add +9.8%
DFGR Dim Global Real Estate ETF 0.80% 562,453 $15.0M Add +24.8%
SPY SS SPDR S&P 500 ETF Trust-US 0.73% 20,775 $13.5M Reduce -3.5%
MSFT Microsoft Corp. 0.54% 27,261 $10.1M Reduce -3.1%
NVDA Nvidia Corp. 0.53% 56,789 $9.9M Reduce -2.0%
IJS iShares S&P Small-Cap 600 Va 0.50% 77,898 $9.2M Add +0.0%
BRK.B Berkshire Hathaway Inc. Class B 0.48% 18,703 $9.0M Reduce -7.8%
VYM Vanguard High DVD Yield ETF 0.46% 57,833 $8.6M Add +0.4%
DHS Wisdomtree US High Dividend 0.45% 76,466 $8.4M Reduce -4.0%
IWB iShares Russell 1000 ETF 0.39% 20,523 $7.3M Reduce -0.0%
CSCO Cisco Systems Inc. 0.38% 92,365 $7.2M Reduce -0.1%
AMZN Amazon.com Inc. 0.38% 33,971 $7.1M Add +1.0%
DFAW Dimensional World Eqty ETF 0.38% 95,363 $7.0M Add +12.6%
ALRM Alarm.com Holdings Inc. 0.38% 162,538 $7.0M Reduce -3.8%
DLS Wisdomtree Intl S/C DVD Fund 0.36% 81,887 $6.7M Reduce -2.0%
VXUS Vanguard Total Intl Stock 0.34% 81,309 $6.3M Reduce -1.3%
SLV iShares Silver Trust 0.33% 90,804 $6.2M Reduce -6.2%
VUSB Vanguard Ultra Short Bond Et 0.32% 118,370 $5.9M Add +48.7%
BSVO EA Bridgeway Omni Sm-Cp Val 0.32% 232,232 $5.9M No change
XLK SS Technology Select Sector 0.26% 36,630 $4.9M Add +0.1%
VEA Vanguard Ftse Developed ETF 0.25% 73,148 $4.7M Add +14.4%
VB Vanguard Most SM-Cap ETF-Usd 0.23% 16,670 $4.4M Add +3.1%
VNQ Vanguard Real Estate ETF 0.23% 48,378 $4.3M Reduce -0.4%
IWF iShares Russell 1000 Growth 0.22% 9,782 $4.2M Add +0.0%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.21% 13,096 $3.9M Add +4.0%
VTV Vanguard Mrngstr Val ETF-Aui 0.20% 19,434 $3.8M Reduce -0.7%
DTH Wisdomtree International Hig 0.20% 70,252 $3.8M Reduce -5.9%
DFAR Dimensional US Real Est ETF 0.20% 160,500 $3.8M Add +0.1%
VEU Vanguard Ftse All-World Ex-U 0.20% 50,441 $3.8M Add +9.0%
DIHP Dimensional International Hi 0.20% 116,973 $3.8M Add +3.1%
ACN Accenture PLC Class A 0.20% 18,389 $3.6M Reduce -0.1%
AVUV Avantis US Small Cap Value 0.19% 32,815 $3.6M Add +32.4%
VSS Vanguard Ftse All Wo X-US SC 0.19% 24,657 $3.6M Add +0.0%
DUHP Dimensional US High Profi Et 0.19% 96,671 $3.6M Add +8.8%
IEFA iShares Core MSCI Eafe ETF 0.19% 39,034 $3.5M No change
XOM Exxon Mobil Corp. 0.19% 20,384 $3.5M Reduce -1.5%
EFA iShares MSCI Eafe ETF 0.18% 34,637 $3.4M No change
CVX Chevron Corp. 0.18% 16,253 $3.4M Reduce -5.5%
IVV iShares Core S&P 500 ETF 0.18% 5,033 $3.3M Reduce -0.0%
DES Wisdomtree US Smallcap Divid 0.17% 90,554 $3.3M Reduce -7.6%
TSLA Tesla Inc. 0.17% 8,711 $3.2M Add +5.8%
JNJ Johnson & Johnson 0.17% 12,914 $3.2M Reduce -0.6%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.16% 14,042 $3.1M Reduce -11.2%
VYMI Vanguard Int High DVD YLD Inc. 0.16% 31,722 $3.0M Reduce -0.1%
IWD iShares Russell 1000 Value E 0.16% 13,958 $3.0M Reduce -1.9%
VPL Vanguard Ftse Pacific ETF 0.16% 29,682 $2.9M Reduce -1.7%
OKE Oneok Inc. 0.16% 31,977 $2.9M Reduce -4.1%
DFAE Dimensional Emerging Core Eq 0.15% 85,263 $2.9M Reduce -7.0%
VWO Vanguard Ftse Emerging Marke 0.15% 52,061 $2.8M Add +0.7%
AVGE Avantis All Eqty Mrkts ETF 0.15% 31,936 $2.8M Reduce -1.0%
EPD Enterprise Products Partners 0.15% 74,001 $2.8M Add +41.4%
AVDV Avantis Intl S/C Value ETF 0.15% 27,675 $2.8M Add +41.3%
VTES Vanguard SH Term Tax-Ex Bond 0.15% 27,209 $2.8M Add +6.8%
BSV Vanguard Short-Term Bond ETF 0.15% 34,770 $2.7M Add +4.2%
VCSH Vanguard S/T Corp. Bond ETF 0.14% 32,521 $2.6M Add +102.6%
IJR iShares Core S&P Small-Cap E 0.14% 20,718 $2.6M Reduce -0.6%
AMD Advanced Micro Devices 0.14% 12,518 $2.5M Reduce -0.9%
VGK Vanguard Ftse Europe ETF 0.13% 30,353 $2.5M Add +0.2%
IVW iShares S&P 500 Growth ETF 0.13% 21,352 $2.4M Reduce -0.3%
VIG Vanguard Dividend Apprec ETF 0.13% 11,175 $2.4M Reduce -44.2%
DEHP Dimensional Emrg MRK Hi Prof 0.12% 68,392 $2.3M Add +67.5%
IWC iShares Micro-Cap ETF 0.12% 14,260 $2.3M Add +0.1%
DFCF Dimensional Core Fixed Inc. 0.12% 52,309 $2.2M Add +36.1%
SCHD Schwab US DVD Equity ETF 0.12% 70,317 $2.2M Add +5.7%
VGT Vanguard Info Tech ETF 0.12% 3,088 $2.2M Add +0.2%
DVY iShares Select Dividend ETF 0.11% 14,083 $2.1M Add +0.1%
AVGV Avantis All Eq MKTS Val ETF 0.11% 27,399 $2.1M Add +0.5%
VUG Vanguard Mrngstar GR ETF-Sui 0.11% 4,817 $2.1M Reduce -0.3%
SPYM Ste STR SPDR PT S&P 500 ETF 0.11% 27,352 $2.1M Add +6.1%
AVDE Avantis International Equity 0.11% 23,481 $2.0M Add +3.7%
QQQM Invesco Nasdaq 100 ETF 0.10% 8,196 $1.9M Reduce -0.7%
AVUS Avantis U.S. Equity ETF 0.10% 17,245 $1.9M Add +0.1%
BND Vanguard Total Bond Market 0.10% 25,670 $1.9M Reduce -0.3%
SCHX Schwab US Large-Cap ETF 0.10% 69,008 $1.8M Add +0.5%
DXIV Dimensional Intr Vtor E ETF 0.09% 25,422 $1.7M Add +4.7%
SCHF Schwab Intl Equity ETF 0.09% 68,271 $1.7M Reduce -10.1%
DFNM Dimensional National Muni BD 0.09% 34,929 $1.7M Reduce -26.9%
SCZ iShares MSCI Eafe Small-Cap 0.09% 21,039 $1.6M Add +0.4%
VFH Vanguard Financials ETF 0.09% 13,270 $1.6M Reduce -3.8%
ET Energy Transfer LP 0.09% 83,001 $1.6M Add +105.1%
VCR Vanguard Consumer Discre ETF 0.08% 4,386 $1.6M Add +0.1%
BRK.A Berkshire Hathaway Inc. Class A 0.08% 2 $1.4M No change
IEMG iShares Core MSCI Emerging 0.08% 20,399 $1.4M Reduce -0.5%
BIV Vanguard Intermediate-Term B 0.07% 18,016 $1.4M Reduce -0.2%
JPM JPMorgan Chase & Co. 0.07% 4,623 $1.4M Reduce -1.6%
GSG iShares S&P Gsci Commodity I 0.07% 41,851 $1.3M Reduce -11.6%
PG The Procter & Gamble Co. 0.07% 9,284 $1.3M Reduce -0.8%
XYZ Block Inc. 0.07% 22,160 $1.3M Reduce -1.5%
XLI SS Industrial Select Sector 0.07% 8,188 $1.3M Reduce -0.2%
MDY State Street SPDR S&P Midcap 0.07% 2,092 $1.3M Add +1.0%
TSM Taiwan Semiconductor-SP ADR 0.07% 3,750 $1.3M Add +16.0%
MA Mastercard Inc. Class A 0.07% 2,513 $1.3M No change
SYLD Cambria Shareholder Yield Et 0.07% 16,483 $1.2M No change
DFAU Dimensional US Core Equity M 0.07% 27,548 $1.2M Add +0.7%
IWM iShares Russell 2000 ETF 0.07% 4,976 $1.2M Add +0.1%
EFV iShares MSCI Eafe Value ETF 0.07% 16,572 $1.2M Reduce -0.7%
AXP American Express Co. 0.06% 3,990 $1.2M No change
DGS Wisdomtree Em Small Cap 0.06% 20,076 $1.2M Reduce -4.7%
IWN iShares Russell 2000 Value E 0.06% 6,061 $1.1M Reduce -5.7%
SCHO Schwab Short-Term US Treas 0.06% 46,776 $1.1M Add +4.0%
PSLV Sprott Physical Silver Trust 0.06% 45,304 $1.1M Reduce -9.9%
AVSC Avantis US Small Cap Equity 0.06% 17,664 $1.1M Add +0.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.06% 3,808 $1.1M Add +1.6%
VTIP Vanguard Short-Term Tips 0.06% 21,594 $1.1M Reduce -31.8%
ADBE Adobe Inc. 0.06% 4,418 $1.1M Add +0.7%
SHY iShares 1-3 Year Treasury Bo 0.06% 12,809 $1.1M Reduce -8.7%
DEM Wisdomtree Emerging Markets 0.06% 21,233 $1.1M Reduce -17.0%
SGOV iShares 0-3 Month Treasury B 0.06% 10,473 $1.1M Add +29.5%
DCOR Dimensional US Core Eq 1 ETF 0.06% 14,527 $1.0M Add +19.0%
IJH iShares Core S&P Midcap ETF 0.06% 15,405 $1.0M Reduce -2.7%
RWAY Runway Growth Finance Corp. 0.06% 150,467 $1.0M No change
IVE iShares S&P 500 Value ETF 0.05% 4,804 $1.0M Reduce -0.3%
SCHB Schwab US Broad Market ETF 0.05% 38,954 $978K Reduce -3.3%
SPTS SS SPDR P St Term TSY ETF 0.05% 32,523 $949K No change
APPF Appfolio Inc. Class A 0.05% 6,000 $947K No change
ENB Enbridge Inc. 0.05% 16,908 $915K No change
VDE Vanguard Energy ETF 0.05% 5,220 $903K Reduce -62.2%
ICF iShares Select U.S. REIT ETF 0.05% 14,586 $903K Reduce -1.1%
DXUV Dimensional US Vtor Eqty ETF 0.05% 15,151 $899K Add +7.4%
ITOT iShares Core S&P Total U.S. 0.05% 6,256 $891K No change
CAT Caterpillar Inc. 0.05% 1,250 $886K No change
AVDS Avantis Intl SM Cap Eq ETF 0.05% 12,053 $866K Add +0.0%
AVIV Avantis Intl LRG Cap Val ETF 0.05% 11,505 $861K Add +1.1%
ABBV Abbvie Inc. 0.05% 3,925 $854K Reduce -9.1%
MCD McDonald's Corp. 0.04% 2,664 $828K Reduce -1.8%
COST Costco Wholesale Corp. 0.04% 828 $825K Reduce -2.0%
PM Philip Morris International 0.04% 4,970 $822K Reduce -0.3%
CRWD CrowdStrike Holdings Inc. Class A 0.04% 2,097 $819K Add +1.9%
AEM Agnico Eagle Mines Ltd. 0.04% 4,023 $817K Reduce -0.6%
ORCL Oracle Corp. 0.04% 5,394 $794K Add +8.6%
DOL Wisdomtree TR DVLP Intnl-Usd 0.04% 11,637 $791K Add +0.1%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.04% 16,052 $785K No change
XLP SS Consumer Staples Sel Sect 0.04% 9,342 $766K Reduce -3.4%
FNDX Schwab Fndmntl US LRG Co. ETF 0.04% 27,400 $763K Reduce -0.3%
EEM iShares MSCI Emerging Market 0.04% 13,398 $761K Reduce -44.5%
WES Western Midstream Partners L 0.04% 18,082 $744K New
SCHG Schwab US Large-Cap Growth 0.04% 24,862 $724K Reduce -11.8%
NFLX Netflix Inc. 0.04% 7,511 $722K Add +1.5%
VXF Vanguard Extended Market ETF 0.04% 3,448 $710K No change
AVEM Avantis Emerging Markets Eq 0.04% 8,801 $709K Add +27.7%
ISHG iShares -3 Year Internationa 0.04% 9,537 $708K New
INTU Intuit Inc. 0.03% 1,493 $646K Reduce -13.7%
MCHI iShares MSCI China ETF 0.03% 11,282 $634K No change
BABA Alibaba Group Holding-SP ADR 0.03% 5,000 $627K Reduce -1.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.03% 2,577 $625K Reduce -0.2%
LLY Eli Lilly & Co. 0.03% 671 $617K Reduce -2.9%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.03% 13,212 $606K Reduce -4.2%
V Visa Inc. Class A 0.03% 2,005 $606K Reduce -1.2%
SPDW Ste STR SPDR PT DW Eu ETF 0.03% 12,997 $593K Add +27.0%
SCHA Schwab US Small-Cap ETF 0.03% 20,389 $593K Reduce -0.0%
VPU Vanguard Utilities ETF 0.03% 2,982 $591K No change
AGI Alamos Gold Inc. Class A 0.03% 13,200 $586K No change
UNP Union Pacific Corp. 0.03% 2,416 $586K Reduce -0.5%
OKTA Okta Inc. 0.03% 7,337 $577K No change
PDBC Invesco Optimum Yield Divers 0.03% 33,206 $575K Add +1.9%
WMT Walmart Inc. 0.03% 4,577 $569K Add +0.0%
AMGN Amgen Inc. 0.03% 1,603 $564K Reduce -2.8%
DBEF Xtrackers MSCI Eafe Hedged E 0.03% 11,341 $560K No change
VCIT Vanguard Int-Term Corporate 0.03% 6,753 $559K Reduce -6.5%
IDU iShares US Utilities ETF 0.03% 4,778 $555K Add +0.1%
SON Sonoco Products Co. 0.03% 2,931 $547K Add +0.1%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.03% 413 $546K Reduce -1.4%
IYY iShares Dow Jones U.S. ETF 0.03% 3,432 $544K Add +0.2%
IWS iShares Russell Mid-Cap Valu 0.03% 3,700 $539K Add +0.0%
T AT&T Inc. 0.03% 18,496 $536K Reduce -1.0%
CORT Corcept Therapeutics Inc. 0.03% 13,166 $531K No change
IHF iShares U.S. Healthcare Prov 0.03% 12,282 $514K Add +0.2%
KMI Kinder Morgan Inc. 0.03% 15,269 $512K Reduce -0.5%
BAR Graniteshares Gold Trust 0.03% 11,083 $511K No change
STT State Street Corp. 0.03% 3,975 $503K No change
HD Home Depot Inc. 0.03% 1,522 $501K Reduce -4.6%
VNQI Vanguard GLBL Ex-US Real Est 0.03% 11,257 $500K Reduce -43.8%
INFL Horizon Kinetics Infl Benef 0.03% 9,588 $499K Add +0.1%
DON Wisdomtree US Midcap Dividen 0.03% 9,432 $496K Add +0.5%
WDAY Workday Inc. Class A 0.03% 3,783 $491K No change
ZETA Zeta Global Holdings Corp. Class A 0.03% 30,612 $487K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.03% 2,992 $478K Add +0.3%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.03% 2,588 $477K Add +0.3%
ICOP iShares Copper and Metals 0.03% 10,000 $476K New
BA The Boeing Co. 0.03% 2,389 $476K No change
PLTR Palantir Technologies Inc. Class A 0.02% 3,169 $464K Add +4.9%
VEEV Veeva Systems Inc. Class A 0.02% 2,599 $457K No change
QCOM Qualcomm Inc. 0.02% 3,525 $454K Reduce -1.3%
MRK Merck & Co. Inc. 0.02% 3,773 $454K Add +0.4%
NOW ServiceNow Inc. 0.02% 4,337 $453K Add +4.9%
SCHE Schwab Emrg Mrkts Eqty ETF 0.02% 13,602 $448K Reduce -4.5%
SLB SLB Ltd. filed as SLB LIMITED 0.02% 8,464 $435K No change
SMH Vaneck Semiconductor ETF 0.02% 1,133 $434K Reduce -2.3%
INTC Intel Corp. 0.02% 9,826 $434K Reduce -14.8%
VCRM Vanguard Core Tax-Ex Bond 0.02% 5,572 $419K No change
CYRX Cryoport Inc. 0.02% 50,000 $414K No change
ABT Abbott Laboratories 0.02% 4,028 $414K Reduce -2.1%
IXUS iShares Core Intl Stock ETF 0.02% 4,740 $411K No change
IBIT iShares Bitcoin Trust ETF 0.02% 10,592 $407K Reduce -15.8%
NEE Nextera Energy Inc. 0.02% 4,159 $386K Reduce -2.9%
TIP iShares Tips Bond ETF 0.02% 3,486 $385K Reduce -6.1%
PFE Pfizer Inc. 0.02% 13,677 $384K Add +5.0%
EFG iShares MSCI Eafe Growth ETF 0.02% 3,431 $382K Reduce -1.5%
GPI Group 1 Automotive Inc. 0.02% 1,150 $380K No change
MUB iShares National Muni Bond E 0.02% 3,562 $378K Reduce -12.0%
UNH Unitedhealth Group Inc. 0.02% 1,392 $377K Reduce -27.1%
DUSB Dimension Ultrashort Fi ETF 0.02% 7,408 $376K Add +15.5%
PH Parker Hannifin Corp. 0.02% 414 $371K No change
IEUR iShares Core MSCI Europe ETF 0.02% 5,217 $367K No change
XLE SS Energy Select Sector 0.02% 5,972 $366K Reduce -12.6%
HEFA Isha Curr Hedged MSCI Eafe 0.02% 8,522 $362K No change
IGIB iShares 5-10Y Inv Grade Corp. 0.02% 6,758 $360K Add +34.7%
BITB Bitwise Bitcoin ETF 0.02% 9,738 $358K No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.02% 1,180 $357K Reduce -1.7%
COP Conocophillips 0.02% 2,668 $352K No change
ESNT Essent Group Ltd. 0.02% 5,934 $347K No change
VGSH Vanguard Short-Term Treasury 0.02% 5,899 $345K Add +51.7%
MO Altria Group Inc. 0.02% 5,216 $344K Add +0.2%
WTW Willis Towers Watson PLC 0.02% 1,176 $342K Reduce -1.6%
STPZ PIMCO 1-5 Year US Tips Index 0.02% 6,306 $341K No change
AIQ Global X Art Intel & Tech 0.02% 7,073 $330K Add +15.7%
SPYG SS SPDR P S&P 500 Growth ETF 0.02% 3,313 $324K Add +27.2%
EEMV iShares MSCI Emg MKT Min Vol 0.02% 4,978 $322K No change
XLB SS Materials Select Sector 0.02% 6,345 $317K Reduce -0.6%
VZ Verizon Communications Inc. 0.02% 6,300 $316K Add +0.2%
BBNX Beta Bionics Inc. 0.02% 31,272 $313K No change
APPN Appian Corp. Class A 0.02% 12,943 $312K No change
BNDX Vanguard Total Intl Bond ETF 0.02% 6,434 $309K Reduce -10.4%
FLOT iShares Floating Rate Bond E 0.02% 6,029 $307K Add +0.7%
ARKF ARK Blockchain & Fintech Inn 0.02% 8,000 $304K No change
BMVP Invesco Bloomberg MVP Multi- 0.02% 6,021 $300K No change
AVSD Avantis Reps Intern Equi ETF 0.02% 4,077 $300K Add +0.1%
SPYX SS SPDR S&P 500 Foss FL ETF 0.02% 5,648 $299K No change
SCHV Schwab US Large-Cap Value 0.02% 9,770 $298K Reduce -11.4%
ILCG iShares Morningstar Growth E 0.02% 3,100 $296K No change
RWO State Street SPDR Dow Jones 0.02% 6,467 $296K No change
FDX FedEx Corp. 0.02% 828 $295K No change
GD General Dynamics Corp. 0.02% 857 $294K Reduce -2.4%
TMO Thermo Fisher Scientific Inc. 0.02% 591 $290K No change
IGSB iShares 1-5Y Inv Grade Corp. 0.02% 5,476 $288K Add +0.8%
NEM Newmont Corp. 0.02% 2,628 $284K Add +7.3%
SCHR Schwab Intermediate-Term US 0.02% 11,418 $284K Add +0.6%
CET Central Securities Corp. 0.02% 5,653 $281K No change
VHT Vanguard Health Care ETF 0.01% 1,020 $278K Reduce -4.1%
LOW Lowe's Cos Inc. 0.01% 1,176 $278K No change
PNC PNC Financial Services Group 0.01% 1,334 $278K Reduce -4.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.01% 2,869 $276K Add +0.1%
AVLV Avantis US Large Cap Value 0.01% 3,421 $276K Add +0.3%
AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO 0.01% 5,208 $275K No change
BL Blackline Inc. 0.01% 7,350 $272K No change
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.01% 6,387 $272K Add +2.1%
DE Deere & Co. 0.01% 482 $272K Add +0.2%
VONG Vanguard Russell 1000 Growth 0.01% 2,462 $270K No change
WTAI Wisdomtree AI and Innovation 0.01% 9,565 $270K No change
XSVM Invesco S&P Smallcap Value W 0.01% 4,455 $268K No change
SO The Southern Co. 0.01% 2,779 $268K No change
IWV iShares Russell 3000 ETF 0.01% 716 $265K No change
XAR SS SPDR S&P Aerospace Def 0.01% 1,041 $264K No change
AEP American Electric Power 0.01% 2,004 $263K Add +0.5%
HUBS HubSpot Inc. 0.01% 1,067 $260K No change
AVRE Avantis Real Estate ETF 0.01% 5,879 $259K Add +0.1%
CL Colgate-Palmolive Co. 0.01% 2,968 $253K No change
NYF iShares New York Muni Bond E 0.01% 4,696 $249K Add +0.5%
ED Consolidated Edison Inc. 0.01% 2,200 $249K No change
IDV iShares International Select 0.01% 5,780 $246K Add +0.0%
BN Brookfield Corp. 0.01% 6,000 $243K Add +26.6%
SPOT Spotify Technology SA 0.01% 494 $240K No change
NSC Norfolk Southern Corp. 0.01% 829 $238K No change
IMCG iShares Morningstar Mid-Cap 0.01% 3,000 $236K No change
PPTA Perpetua Resources Corp. 0.01% 8,300 $233K No change
ISRG Intuitive Surgical Inc. 0.01% 505 $233K Add +0.4%
SGDM Sprott Gold Miners ETF 0.01% 3,082 $233K No change
STIP iShares 0-5 Year Tips Bond E 0.01% 2,241 $232K No change
SCHK Schwab 1000 Index ETF 0.01% 7,209 $226K Reduce -77.8%
OKLO Oklo Inc. 0.01% 4,538 $225K Add +1.1%
MSTR Strategy Inc. 0.01% 1,803 $225K No change
WMB Williams Cos Inc. 0.01% 3,089 $225K New
ILCB iShares Morningstar U.S. Equ 0.01% 2,500 $225K No change
FCX Freeport-McMoran Inc. 0.01% 3,800 $223K Reduce -13.6%
CRM Salesforce Inc. 0.01% 1,173 $219K Add +2.3%
IYW iShares Ustechnology ETF 0.01% 1,180 $214K Reduce -1.3%
IWP iShares Russell Mid-Cap Grow 0.01% 1,662 $213K No change
CVLT Commvault Systems Inc. 0.01% 2,700 $210K Reduce -2.2%
MELI MercadoLibre Inc. 0.01% 121 $209K Add +0.8%
GS Goldman Sachs Group Inc. 0.01% 246 $208K No change
SCHC Schwab Intl Small-Cap Equity 0.01% 4,425 $207K Reduce -15.6%
ALGN Align Technology Inc. 0.01% 1,200 $206K New
GEV GE Vernova Inc. 0.01% 234 $204K New
NRK Nuveen NY Amt-FR Muni Inc. 0.01% 19,974 $204K New
ADM Archer-Daniels-Midland Co. 0.01% 2,800 $204K New
BWXT BWX Technologies Inc. 0.01% 991 $203K New
PANW Palo Alto Networks Inc. 0.01% 1,253 $201K Add +14.9%
DXYZ Destiny TECH100 Inc. 0.01% 7,500 $201K Reduce -50.0%
KRP Kimbell Royalty Partners LP 0.01% 12,209 $177K Add +2.2%
COMP Compass Inc. Class A 0.01% 19,500 $143K No change
AAL American Airlines Group Inc. 0.01% 12,315 $132K Add +10.5%
PBI Pitney Bowes Inc. 0.01% 11,329 $125K Add +0.8%
FTMU Franklin Muncipal Income ETF 0.01% 13,558 $106K Add +0.6%
RWT Redwood Trust Inc. 0.00% 14,000 $79K No change
BARK Bark Inc. 0.00% 10,000 $5K No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $588K (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 251$299KNo change
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 250$289KNo change

Total filed on the 13F, all lines: $1.9B.

Portfolio Sells Q4 2025 → Q1 2026
GOOG Alphabet Inc. Class C Reduce -1.0% 2.26% −0.25
METV Roundhill Ball Metaverse ETF Reduce -3.4% 1.13% −0.23
DFUS Dimensional US Eq MKT ETF Reduce -1.1% 3.58% −0.23
DFAC Dimensional US Core Equity 2 Reduce -0.3% 8.33% −0.22
MSFT Microsoft Corp. Reduce -3.1% 0.54% −0.19
VBIL Vanguard 0-3M T-Bill ETF Reduce -1.3% 7.64% −0.12
VIG Vanguard Dividend Apprec ETF Reduce -44.2% 0.13% −0.11
IYR iShares US Real Estate ETF Sold out 0.00% −0.09
ALRM Alarm.com Holdings Inc. Reduce -3.8% 0.38% −0.09
ACN Accenture PLC Class A Reduce -0.1% 0.20% −0.07
BRK.B Berkshire Hathaway Inc. Class B Reduce -7.8% 0.48% −0.07
SPY SS SPDR S&P 500 ETF Trust-US Reduce -3.5% 0.73% −0.07
NVDA Nvidia Corp. Reduce -2.0% 0.53% −0.05
GNMA iShares Gnma Bond ETF Sold out 0.00% −0.05
VDE Vanguard Energy ETF Reduce -62.2% 0.05% −0.05
SCHK Schwab 1000 Index ETF Reduce -77.8% 0.01% −0.05
DFNM Dimensional National Muni BD Reduce -26.9% 0.09% −0.03
EEM iShares MSCI Emerging Market Reduce -44.5% 0.04% −0.03
INTU Intuit Inc. Reduce -13.7% 0.03% −0.03
VTIP Vanguard Short-Term Tips Reduce -31.8% 0.06% −0.03
VNQI Vanguard GLBL Ex-US Real Est Reduce -43.8% 0.03% −0.02
ADP Automatic Data Processing Sold out 0.00% −0.02
IWB iShares Russell 1000 ETF Reduce -0.0% 0.39% −0.02
WELL Welltower Inc. Sold out 0.00% −0.02
BSCS Invesco Bulletshares 2028 CB Sold out 0.00% −0.02
PYPL PayPal Holdings Inc. Sold out 0.00% −0.02
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -11.2% 0.16% −0.02
AVSF Avantis Short-Term Fixed Inc. Sold out 0.00% −0.02
BSJS Invesco Bulletshares 2028 HY Sold out 0.00% −0.01
IBHH iShares Ibonds 2028 TM HY Inc. Sold out 0.00% −0.01
IBDT iShares Ibonds Dec 2028 ETF Sold out 0.00% −0.01
VUG Vanguard Mrngstar GR ETF-Sui Reduce -0.3% 0.11% −0.01
VOT Vngrd Mrngstr MC GRW ETF-Usd Sold out 0.00% −0.01
DXYZ Destiny TECH100 Inc. Reduce -50.0% 0.01% −0.01
UNH Unitedhealth Group Inc. Reduce -27.1% 0.02% −0.01
QBTS D-Wave Quantum Inc. Sold out 0.00% −0.01
VFH Vanguard Financials ETF Reduce -3.8% 0.09% −0.01
BKNG Booking Holdings Inc. Sold out 0.00% −0.01
IVW iShares S&P 500 Growth ETF Reduce -0.3% 0.13% −0.01
MDB Mongodb Inc. Sold out 0.00% −0.01
IBIT iShares Bitcoin Trust ETF Reduce -15.8% 0.02% −0.01
SCHG Schwab US Large-Cap Growth Reduce -11.8% 0.04% −0.01
IVV iShares Core S&P 500 ETF Reduce -0.0% 0.18% −0.01
AMD Advanced Micro Devices Reduce -0.9% 0.14% −0.01
JPM JPMorgan Chase & Co. Reduce -1.6% 0.07% −0.01
QCOM Qualcomm Inc. Reduce -1.3% 0.02% −0.01
QQQM Invesco Nasdaq 100 ETF Reduce -0.7% 0.10% −0.01
SCHF Schwab Intl Equity ETF Reduce -10.1% 0.09% −0.01
DEM Wisdomtree Emerging Markets Reduce -17.0% 0.06% −0.01
IBM Intl Business Machines Corp. Reduce -0.2% 0.03% −0.01

Portfolio Buys Q4 2025 → Q1 2026
DFSV Dimensional US Small Cap Val Add +8.5% 2.10% +0.27
DFAS Dimensional US Small Cap ETF Add +4.2% 4.63% +0.25
DFIV Dimensional International Va Add +1.1% 3.97% +0.24
DFLV Dim US Large Cap Value ETF Add +13.8% 1.15% +0.18
DISV Dimensional International SM Add +3.8% 2.51% +0.17
DFGR Dim Global Real Estate ETF Add +24.8% 0.80% +0.16
DFIS Dimensional International SM Add +4.9% 2.53% +0.16
DFAX Dimensional World Ex US Core Add +0.0% 4.20% +0.13
DFUV Dimensional US Marketwide Va Add +0.4% 3.48% +0.13
DFAI Dimensional International Co. Add +8.2% 1.37% +0.12
DFEV Dimensional Emrg MRKT Val Add +6.2% 1.12% +0.12
VUSB Vanguard Ultra Short Bond Et Add +48.7% 0.32% +0.10
VOO Vanguard S&P 500 ETF Add +11.9% 1.73% +0.10
VCSH Vanguard S/T Corp. Bond ETF Add +102.6% 0.14% +0.07
VTEB Vanguard Tax-Exempt Bond ETF Add +9.8% 0.88% +0.07
EPD Enterprise Products Partners Add +41.4% 0.15% +0.06
AVUV Avantis US Small Cap Value Add +32.4% 0.19% +0.06
DFEM Dimensional Emrg MRKT Core Add +1.3% 1.09% +0.05
DEHP Dimensional Emrg MRK Hi Prof Add +67.5% 0.12% +0.05
ET Energy Transfer LP Add +105.1% 0.09% +0.05
AVDV Avantis Intl S/C Value ETF Add +41.3% 0.15% +0.05
WES Western Midstream Partners L New 0.04% +0.04
DFAW Dimensional World Eqty ETF Add +12.6% 0.38% +0.04
ISHG iShares -3 Year Internationa New 0.04% +0.04
VEA Vanguard Ftse Developed ETF Add +14.4% 0.25% +0.04
DFCF Dimensional Core Fixed Inc. Add +36.1% 0.12% +0.03
ICOP iShares Copper and Metals New 0.03% +0.03
VEU Vanguard Ftse All-World Ex-U Add +9.0% 0.20% +0.02
IJS iShares S&P Small-Cap 600 Va Add +0.0% 0.50% +0.02
SCHD Schwab US DVD Equity ETF Add +5.7% 0.12% +0.02
TSM Taiwan Semiconductor-SP ADR Add +16.0% 0.07% +0.01
VYM Vanguard High DVD Yield ETF Add +0.4% 0.46% +0.01
SGOV iShares 0-3 Month Treasury B Add +29.5% 0.06% +0.01
WMB Williams Cos Inc. New 0.01% +0.01
ALGN Align Technology Inc. New 0.01% +0.01
GEV GE Vernova Inc. New 0.01% +0.01
NRK Nuveen NY Amt-FR Muni Inc. New 0.01% +0.01
ADM Archer-Daniels-Midland Co. New 0.01% +0.01
BWXT BWX Technologies Inc. New 0.01% +0.01
AVEM Avantis Emerging Markets Eq Add +27.7% 0.04% +0.01
VB Vanguard Most SM-Cap ETF-Usd Add +3.1% 0.23% +0.01
DIHP Dimensional International Hi Add +3.1% 0.20% +0.01
DUHP Dimensional US High Profi Et Add +8.8% 0.19% +0.01
VTES Vanguard SH Term Tax-Ex Bond Add +6.8% 0.15% +0.01
DCOR Dimensional US Core Eq 1 ETF Add +19.0% 0.06% +0.01
PDBC Invesco Optimum Yield Divers Add +1.9% 0.03% +0.01
DVY iShares Select Dividend ETF Add +0.1% 0.11% +0.01
SPDW Ste STR SPDR PT DW Eu ETF Add +27.0% 0.03% +0.01
DXIV Dimensional Intr Vtor E ETF Add +4.7% 0.09% +0.01
AVGV Avantis All Eq MKTS Val ETF Add +0.5% 0.11% +0.01

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