Farnam Financial LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 26, 2026), Farnam Financial LLC reported 53 stock positions worth $132.9 million. Its top holding was iShares 0-3 Month Treasury B (SGOV) at 10.4% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 9.7%) and Schwab US Large-Cap ETF (SCHX, 8.5%). Compared with Q3 2025, it opened 4 new positions, sold out of 2, added to 26 and reduced 14. The biggest buy was Vanguard Ftse All-World Ex-U (VEU, shares +120%) and the biggest sale an exit from Invesco Bulletshares 2025 CB (BSCP).
- Most Recent 13F
- Q2 2026
- Location
- PHOENIX, AZ
- CIK
- 0002080267
- Portfolio Value
- $132.9M (Q4 2025)
- SEC Filing
- 0001754960-26-000113 ↗ filed Jan 26, 2026
Holdings Value
Holdings 53 stocks · $132.9M
| SGOV iShares 0-3 Month Treasury B | 10.40% | 137,728 | $13.8M | Add +4.1% |
| VTI VG Morningstar TS MKT ETF-US | 9.72% | 38,515 | $12.9M | Reduce -5.5% |
| SCHX Schwab US Large-Cap ETF | 8.46% | 417,539 | $11.2M | Reduce -19.8% |
| VEA Vanguard Ftse Developed ETF | 5.92% | 125,909 | $7.9M | Add +16.4% |
| AAPL Apple Inc. | 5.64% | 27,587 | $7.5M | Add +0.8% |
| BSCR Invesco Bulletshares 2027 CB | 4.16% | 279,818 | $5.5M | Add +18.0% |
| BSCS Invesco Bulletshares 2028 CB | 3.97% | 256,323 | $5.3M | Add +15.4% |
| BSCQ Invesco Bulletshares 2026 CB | 3.88% | 263,042 | $5.1M | Add +11.9% |
| SCHB Schwab US Broad Market ETF | 3.79% | 191,830 | $5.0M | Reduce -1.5% |
| VOO Vanguard S&P 500 ETF | 3.67% | 7,771 | $4.9M | Reduce -7.8% |
| BSCT Invesco Bulletshares 2029 CB | 3.61% | 254,999 | $4.8M | Add +19.0% |
| BSCU Invesco Bulletshares 2030 CB | 2.73% | 214,372 | $3.6M | Add +14.9% |
| VEU Vanguard Ftse All-World Ex-U | 2.67% | 48,289 | $3.6M | Add +119.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.37% | 12,200 | $3.1M | Add +7.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.26% | 5,982 | $3.0M | Reduce -0.3% |
| BSCV Invesco Bulletshares 2031 CB | 2.25% | 179,275 | $3.0M | Add +12.2% |
| INTC Intel Corp. | 1.94% | 70,027 | $2.6M | No change |
| BSCW Invesco Bulletshares 2032 CB | 1.82% | 115,881 | $2.4M | Add +10.2% |
| AMZN Amazon.com Inc. | 1.82% | 10,466 | $2.4M | Add +3.0% |
| RSP Invesco S&P 500 Equal Weight | 1.72% | 11,899 | $2.3M | Add +304.9% |
| ESGV Vanguard ESG US Stock ETF | 1.52% | 16,721 | $2.0M | Reduce -2.0% |
| BSCX Invesco Bulletshares 2033 CB | 1.32% | 81,518 | $1.7M | Add +4.9% |
| SCHZ Schwab US Aggregate Bond ETF | 1.08% | 61,135 | $1.4M | Reduce -2.3% |
| BSMQ Invesco Bulletshares 2026 MB | 1.00% | 56,263 | $1.3M | No change |
| BSCY Invesco Bulletshares 2034 CB | 0.89% | 56,104 | $1.2M | Add +6.2% |
| IJR iShares Core S&P Small-Cap E | 0.88% | 9,707 | $1.2M | Reduce -5.5% |
| BSMR Invesco Bulletshares 2027 MB | 0.84% | 47,340 | $1.1M | No change |
| MSFT Microsoft Corp. | 0.83% | 2,269 | $1.1M | Add +9.9% |
| VXUS Vanguard Total Intl Stock | 0.76% | 13,469 | $1.0M | Reduce -14.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.74% | 3,386 | $983K | Reduce -6.1% |
| TSLA Tesla Inc. | 0.66% | 1,962 | $882K | Add +0.6% |
| NVDA Nvidia Corp. | 0.65% | 4,598 | $857K | Add +19.8% |
| SCHA Schwab US Small-Cap ETF | 0.55% | 25,644 | $730K | Add +10.7% |
| BIO Bio-Rad Laboratories-A | 0.53% | 2,338 | $708K | Reduce -6.6% |
| VSGX Vanguard ESG Intl Stock ETF | 0.46% | 8,622 | $618K | Add +4.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.43% | 839 | $572K | No change |
| VSS Vanguard Ftse All Wo X-US SC | 0.36% | 3,377 | $484K | New |
| ITOT iShares Core S&P Total U.S. | 0.33% | 2,990 | $445K | No change |
| IBDY iShares Ibonds Dec 2033 Corp. | 0.31% | 15,810 | $413K | No change |
| QUAL iShares MSCI USA Quality Fac | 0.31% | 2,046 | $406K | Reduce -26.3% |
| ISRG Intuitive Surgical Inc. | 0.29% | 671 | $380K | New |
| SCHF Schwab Intl Equity ETF | 0.24% | 13,430 | $323K | Add +3.2% |
| EPD Enterprise Products Partners | 0.24% | 9,800 | $314K | No change |
| GOOGL Alphabet Inc. Class A | 0.23% | 992 | $311K | New |
| VCLT Vanguard Long-Term Corp. Bond | 0.23% | 3,975 | $302K | Add +1.6% |
| VWO Vanguard Ftse Emerging Marke | 0.21% | 5,207 | $280K | Add +1.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.21% | 1,460 | $279K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.21% | 3,115 | $279K | Add +7.3% |
| COST Costco Wholesale Corp. | 0.20% | 310 | $267K | Add +5.1% |
| SMH Vaneck Semiconductor ETF | 0.19% | 700 | $252K | No change |
| IVV iShares Core S&P 500 ETF | 0.18% | 354 | $242K | Reduce -3.8% |
| USHY iShares Broad Usd High Yield | 0.16% | 5,561 | $208K | Reduce -27.4% |
| BSJQ Invesco Bulletshares 2026 HY | 0.15% | 8,582 | $200K | New |
Portfolio Sells Q3 2025 → Q4 2025
| BSCP Invesco Bulletshares 2025 CB | Sold out | 0.00% | −3.48 |
| SCHX Schwab US Large-Cap ETF | Reduce -19.8% | 8.46% | −2.20 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -5.5% | 9.72% | −0.68 |
| VOO Vanguard S&P 500 ETF | Reduce -7.8% | 3.67% | −0.34 |
| SCHM Schwab US Mid Cap ETF | Sold out | 0.00% | −0.20 |
| VXUS Vanguard Total Intl Stock | Reduce -14.3% | 0.76% | −0.13 |
| QUAL iShares MSCI USA Quality Fac | Reduce -26.3% | 0.31% | −0.11 |
| SCHB Schwab US Broad Market ETF | Reduce -1.5% | 3.79% | −0.10 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -6.1% | 0.74% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.3% | 2.26% | −0.08 |
| IJR iShares Core S&P Small-Cap E | Reduce -5.5% | 0.88% | −0.07 |
| USHY iShares Broad Usd High Yield | Reduce -27.4% | 0.16% | −0.07 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -2.3% | 1.08% | −0.07 |
| ESGV Vanguard ESG US Stock ETF | Reduce -2.0% | 1.52% | −0.05 |
| BIO Bio-Rad Laboratories-A | Reduce -6.6% | 0.53% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -3.8% | 0.18% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| VEU Vanguard Ftse All-World Ex-U | Add +119.8% | 2.67% | +1.46 |
| RSP Invesco S&P 500 Equal Weight | Add +304.9% | 1.72% | +1.28 |
| VEA Vanguard Ftse Developed ETF | Add +16.4% | 5.92% | +0.88 |
| BSCR Invesco Bulletshares 2027 CB | Add +18.0% | 4.16% | +0.52 |
| BSCT Invesco Bulletshares 2029 CB | Add +19.0% | 3.61% | +0.48 |
| BSCS Invesco Bulletshares 2028 CB | Add +15.4% | 3.97% | +0.42 |
| VSS Vanguard Ftse All Wo X-US SC | New | 0.36% | +0.36 |
| BSCQ Invesco Bulletshares 2026 CB | Add +11.9% | 3.88% | +0.30 |
| ISRG Intuitive Surgical Inc. | New | 0.29% | +0.29 |
| BSCU Invesco Bulletshares 2030 CB | Add +14.9% | 2.73% | +0.28 |
| GOOGL Alphabet Inc. Class A | New | 0.23% | +0.23 |
| AAPL Apple Inc. | Add +0.8% | 5.64% | +0.23 |
| BSCV Invesco Bulletshares 2031 CB | Add +12.2% | 2.25% | +0.18 |
| BSJQ Invesco Bulletshares 2026 HY | New | 0.15% | +0.15 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +7.8% | 2.37% | +0.13 |
| BSCW Invesco Bulletshares 2032 CB | Add +10.2% | 1.82% | +0.11 |
| NVDA Nvidia Corp. | Add +19.8% | 0.65% | +0.09 |
| AMZN Amazon.com Inc. | Add +3.0% | 1.82% | +0.08 |
| SGOV iShares 0-3 Month Treasury B | Add +4.1% | 10.40% | +0.05 |
| SCHA Schwab US Small-Cap ETF | Add +10.7% | 0.55% | +0.05 |
| BSCY Invesco Bulletshares 2034 CB | Add +6.2% | 0.89% | +0.02 |
| BSCX Invesco Bulletshares 2033 CB | Add +4.9% | 1.32% | +0.02 |
| VSGX Vanguard ESG Intl Stock ETF | Add +4.0% | 0.46% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +7.3% | 0.21% | +0.01 |
| SCHF Schwab Intl Equity ETF | Add +3.2% | 0.24% | +0.01 |
| MSFT Microsoft Corp. | Add +9.9% | 0.83% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +1.4% | 0.21% | −0.01 |
| VCLT Vanguard Long-Term Corp. Bond | Add +1.6% | 0.23% | −0.01 |
| TSLA Tesla Inc. | Add +0.6% | 0.66% | −0.01 |
| COST Costco Wholesale Corp. | Add +5.1% | 0.20% | −0.01 |
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 |