Farnam Financial LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 24, 2025), Farnam Financial LLC reported 51 stock positions worth $128.7 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 10.7% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 10.4%) and iShares 0-3 Month Treasury B (SGOV, 10.4%). Compared with Q2 2025, it opened 4 new positions, sold out of 1, added to 27 and reduced 14. The biggest buy was Apple (AAPL, shares +92%) and the biggest sale iShares 0-3 Month Treasury B (SGOV, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- PHOENIX, AZ
- CIK
- 0002080267
- Portfolio Value
- $128.7M (Q3 2025)
- SEC Filing
- 0001754960-25-000706 ↗ filed Oct 24, 2025
Holdings Value
Holdings 51 stocks · $128.7M
| SCHX Schwab US Large-Cap ETF | 10.65% | 520,427 | $13.7M | Reduce -9.2% |
| VTI VG Morningstar TS MKT ETF-US | 10.40% | 40,771 | $13.4M | Reduce -0.6% |
| SGOV iShares 0-3 Month Treasury B | 10.35% | 132,287 | $13.3M | Reduce -4.8% |
| AAPL Apple Inc. | 5.42% | 27,378 | $7.0M | Add +92.3% |
| VEA Vanguard Ftse Developed ETF | 5.04% | 108,217 | $6.5M | Add +31.7% |
| VOO Vanguard S&P 500 ETF | 4.01% | 8,432 | $5.2M | Add +25.4% |
| SCHB Schwab US Broad Market ETF | 3.89% | 194,708 | $5.0M | Reduce -4.6% |
| BSCR Invesco Bulletshares 2027 CB | 3.63% | 237,173 | $4.7M | Add +25.2% |
| BSCQ Invesco Bulletshares 2026 CB | 3.57% | 235,128 | $4.6M | Add +20.4% |
| BSCS Invesco Bulletshares 2028 CB | 3.55% | 222,034 | $4.6M | Add +26.2% |
| BSCP Invesco Bulletshares 2025 CB | 3.48% | 216,393 | $4.5M | Add +22.4% |
| BSCT Invesco Bulletshares 2029 CB | 3.13% | 214,288 | $4.0M | Add +13.2% |
| BSCU Invesco Bulletshares 2030 CB | 2.45% | 186,590 | $3.2M | Add +15.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.34% | 6,002 | $3.0M | Reduce -3.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.24% | 11,319 | $2.9M | Add +24.4% |
| BSCV Invesco Bulletshares 2031 CB | 2.07% | 159,730 | $2.7M | Add +18.0% |
| INTC Intel Corp. | 1.83% | 70,027 | $2.3M | New |
| AMZN Amazon.com Inc. | 1.73% | 10,162 | $2.2M | Add +1.1% |
| BSCW Invesco Bulletshares 2032 CB | 1.71% | 105,180 | $2.2M | Add +9.7% |
| ESGV Vanguard ESG US Stock ETF | 1.57% | 17,058 | $2.0M | Reduce -1.6% |
| BSCX Invesco Bulletshares 2033 CB | 1.30% | 77,727 | $1.7M | Add +12.8% |
| VEU Vanguard Ftse All-World Ex-U | 1.22% | 21,966 | $1.6M | Add +0.2% |
| SCHZ Schwab US Aggregate Bond ETF | 1.14% | 62,576 | $1.5M | Add +0.5% |
| BSMQ Invesco Bulletshares 2026 MB | 1.03% | 56,263 | $1.3M | No change |
| IJR iShares Core S&P Small-Cap E | 0.95% | 10,270 | $1.2M | Add +4.9% |
| VXUS Vanguard Total Intl Stock | 0.90% | 15,718 | $1.2M | Add +0.2% |
| BSMR Invesco Bulletshares 2027 MB | 0.87% | 47,340 | $1.1M | No change |
| BSCY Invesco Bulletshares 2034 CB | 0.86% | 52,843 | $1.1M | Add +2.4% |
| MSFT Microsoft Corp. | 0.83% | 2,065 | $1.1M | Add +0.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.82% | 3,606 | $1.1M | Reduce -5.2% |
| TSLA Tesla Inc. | 0.67% | 1,951 | $868K | Reduce -23.5% |
| NVDA Nvidia Corp. | 0.56% | 3,837 | $716K | Add +1.2% |
| BIO Bio-Rad Laboratories-A | 0.55% | 2,503 | $702K | Reduce -34.0% |
| SCHA Schwab US Small-Cap ETF | 0.50% | 23,171 | $646K | Add +50.0% |
| VSGX Vanguard ESG Intl Stock ETF | 0.45% | 8,287 | $575K | Add +1.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.43% | 839 | $559K | New |
| RSP Invesco S&P 500 Equal Weight | 0.43% | 2,939 | $558K | Reduce -0.1% |
| QUAL iShares MSCI USA Quality Fac | 0.42% | 2,776 | $540K | Reduce -7.7% |
| ITOT iShares Core S&P Total U.S. | 0.34% | 2,990 | $435K | No change |
| IBDY iShares Ibonds Dec 2033 Corp. | 0.32% | 15,810 | $415K | No change |
| EPD Enterprise Products Partners | 0.24% | 9,800 | $306K | No change |
| VCLT Vanguard Long-Term Corp. Bond | 0.24% | 3,912 | $304K | Add +1.4% |
| SCHF Schwab Intl Equity ETF | 0.24% | 13,015 | $303K | New |
| USHY iShares Broad Usd High Yield | 0.22% | 7,660 | $289K | Reduce -4.8% |
| VWO Vanguard Ftse Emerging Marke | 0.22% | 5,135 | $278K | Reduce -0.1% |
| COST Costco Wholesale Corp. | 0.21% | 295 | $273K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.21% | 1,460 | $272K | Reduce -12.1% |
| SCHM Schwab US Mid Cap ETF | 0.20% | 8,881 | $263K | Add +0.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.20% | 2,903 | $253K | Add +11.7% |
| IVV iShares Core S&P 500 ETF | 0.19% | 368 | $246K | Add +0.3% |
| SMH Vaneck Semiconductor ETF | 0.18% | 700 | $228K | New |
Portfolio Sells Q2 2025 → Q3 2025
| SGOV iShares 0-3 Month Treasury B | Reduce -4.8% | 10.35% | −2.24 |
| SCHX Schwab US Large-Cap ETF | Reduce -9.2% | 10.65% | −1.94 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.6% | 10.40% | −0.81 |
| SCHB Schwab US Broad Market ETF | Reduce -4.6% | 3.89% | −0.48 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.3% | 2.34% | −0.37 |
| BIO Bio-Rad Laboratories-A | Reduce -34.0% | 0.55% | −0.28 |
| VWOB Vanguard Emerg MKTS Gov BND | Sold out | 0.00% | −0.20 |
| ESGV Vanguard ESG US Stock ETF | Reduce -1.6% | 1.57% | −0.14 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -5.2% | 0.82% | −0.13 |
| QUAL iShares MSCI USA Quality Fac | Reduce -7.7% | 0.42% | −0.07 |
| TSLA Tesla Inc. | Reduce -23.5% | 0.67% | −0.05 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -12.1% | 0.21% | −0.05 |
| RSP Invesco S&P 500 Equal Weight | Reduce -0.1% | 0.43% | −0.05 |
| USHY iShares Broad Usd High Yield | Reduce -4.8% | 0.22% | −0.05 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.1% | 0.22% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +92.3% | 5.42% | +2.79 |
| INTC Intel Corp. | New | 1.83% | +1.83 |
| VEA Vanguard Ftse Developed ETF | Add +31.7% | 5.04% | +0.83 |
| VOO Vanguard S&P 500 ETF | Add +25.4% | 4.01% | +0.58 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.43% | +0.43 |
| BSCS Invesco Bulletshares 2028 CB | Add +26.2% | 3.55% | +0.31 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +24.4% | 2.24% | +0.30 |
| BSCR Invesco Bulletshares 2027 CB | Add +25.2% | 3.63% | +0.29 |
| SCHF Schwab Intl Equity ETF | New | 0.24% | +0.24 |
| BSCP Invesco Bulletshares 2025 CB | Add +22.4% | 3.48% | +0.19 |
| SMH Vaneck Semiconductor ETF | New | 0.18% | +0.18 |
| SCHA Schwab US Small-Cap ETF | Add +50.0% | 0.50% | +0.15 |
| BSCQ Invesco Bulletshares 2026 CB | Add +20.4% | 3.57% | +0.14 |
| BSCV Invesco Bulletshares 2031 CB | Add +18.0% | 2.07% | +0.06 |
| BSCU Invesco Bulletshares 2030 CB | Add +15.8% | 2.45% | +0.02 |
| NVDA Nvidia Corp. | Add +1.2% | 0.56% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +11.7% | 0.20% | +0.00 |
| IVV iShares Core S&P 500 ETF | Add +0.3% | 0.19% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Add +4.9% | 0.95% | −0.01 |
| BSCX Invesco Bulletshares 2033 CB | Add +12.8% | 1.30% | −0.02 |
| SCHM Schwab US Mid Cap ETF | Add +0.0% | 0.20% | −0.02 |
| VCLT Vanguard Long-Term Corp. Bond | Add +1.4% | 0.24% | −0.03 |
| VSGX Vanguard ESG Intl Stock ETF | Add +1.6% | 0.45% | −0.03 |
| BSCT Invesco Bulletshares 2029 CB | Add +13.2% | 3.13% | −0.05 |
| BSCW Invesco Bulletshares 2032 CB | Add +9.7% | 1.71% | −0.07 |
| VXUS Vanguard Total Intl Stock | Add +0.2% | 0.90% | −0.08 |
| MSFT Microsoft Corp. | Add +0.7% | 0.83% | −0.09 |
| BSCY Invesco Bulletshares 2034 CB | Add +2.4% | 0.86% | −0.10 |
| VEU Vanguard Ftse All-World Ex-U | Add +0.2% | 1.22% | −0.11 |
| SCHZ Schwab US Aggregate Bond ETF | Add +0.5% | 1.14% | −0.16 |
| AMZN Amazon.com Inc. | Add +1.1% | 1.73% | −0.25 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 53 | $137.1M | VEA, VTI, SGOV, SCHX, INTC |
| Q1 2026 | 49 | $121.5M | VTI, SGOV, SCHX, VEA, BSCQ |
| Q4 2025 | 53 | $132.9M | SGOV, VTI, SCHX, VEA, AAPL |
| Q3 2025 | 51 | $128.7M | SCHX, VTI, SGOV, AAPL, VEA |
| Q2 2025 | 48 | $111.2M | SCHX, SGOV, VTI, SCHB, VEA |
| Q1 2025 | 48 | $98.5M | SGOV, SCHX, VTI, SCHB, BRK.B |
| Q4 2024 | 44 | $95.7M | SGOV, SCHX, VTI, SCHB, BRK.B |
| Q3 2024 | 43 | $91.1M | SGOV, VTI, SCHX, SCHB, BRK.B |