Fiduciary Financial Group, LLC

Name: FIDUCIARY FINANCIAL GROUP, LLC 13F holdings, Q1 2025
Creator: FIDUCIARY FINANCIAL GROUP, LLC
Published: 2025-04-15

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 15, 2025), Fiduciary Financial Group, LLC reported 283 stock positions worth $459.5 million. Its top holding was Schwab Short-Term US Treas (SCHO) at 8.5% of the portfolio, followed by Apple (AAPL, 7.2%) and Dimensional US Core Equity 2 (DFAC, 4.2%). Compared with Q4 2024, it opened 47 new positions, sold out of 38, added to 113 and reduced 96. The biggest buy was Schwab Short-Term US Treas (SCHO, shares +9%) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F: Q2 2026
Location: SAN RAFAEL, CA
CIK: 0001925420
Portfolio Value: $459.5M (Q1 2025)
SEC Filing: 0001754960-25-000185 ↗ filed Apr 15, 2025

Holdings Value

Holdings 283 stocks · $459.5M


SCHO Schwab Short-Term US Treas	8.55%	1,616,486	$39.3M	Add +8.6%
AAPL Apple Inc.	7.19%	173,521	$33.0M	Reduce -0.8%
DFAC Dimensional US Core Equity 2	4.23%	634,751	$19.4M	Add +5.8%
SGOV iShares 0-3 Month Treasury B	3.97%	181,609	$18.2M	Reduce -13.1%
DFAI Dimensional International Co.	3.96%	616,273	$18.2M	Add +1.4%
DFIV Dimensional International Va	3.75%	473,678	$17.2M	Add +6.4%
MOAT Vaneck Morningstar Wide Moat	3.45%	198,410	$15.9M	Reduce -2.4%
DFAE Dimensional Emerging Core Eq	3.12%	594,954	$14.3M	Add +0.9%
BIV Vanguard Intermediate-Term B	2.34%	142,575	$10.7M	Add +4.3%
DFAT Dimensional US Target Value	1.83%	181,281	$8.4M	Add +2.5%
FLRN SS SPDR BB Ig Float RT ETF	1.68%	254,367	$7.7M	Add +10.1%
NVDA Nvidia Corp.	1.65%	70,290	$7.6M	Add +2.8%
AAXJ iShares MSCI All Country Asi	1.62%	109,048	$7.4M	Add +5.7%
VTI VG Morningstar TS MKT ETF-US	1.56%	27,836	$7.2M	Reduce -3.6%
MUB iShares National Muni Bond E	1.55%	69,123	$7.1M	Add +43.5%
LQD Ishr Ibx Usd Invgd CB ETF-Ui	1.51%	65,947	$6.9M	Add +16.8%
DUHP Dimensional US High Profi Et	1.49%	222,194	$6.8M	Add +9.5%
BIL SS SPDR BB 1-3M T-Bill ETF	1.42%	71,396	$6.5M	Add +28.9%
DFLV Dim US Large Cap Value ETF	1.28%	210,764	$5.9M	Add +10.6%
IAU iShares Gold Trust	1.28%	98,101	$5.9M	Add +6.8%
DIHP Dimensional International Hi	1.27%	228,269	$5.8M	Add +11.0%
VIG Vanguard Dividend Apprec ETF	1.18%	29,769	$5.4M	Add +0.7%
QQQ Invesco QQQ Trust Series 1	1.10%	11,374	$5.1M	Reduce -4.8%
GNR State Street SPDR S&P Global	1.06%	101,626	$4.9M	Add +76.7%
MSFT Microsoft Corp.	0.81%	9,731	$3.7M	Add +4.5%
SCHW Schwab (charles) Corp.	0.81%	50,156	$3.7M	Reduce -2.6%
VEU Vanguard Ftse All-World Ex-U	0.79%	63,909	$3.6M	Add +11.4%
IWD iShares Russell 1000 Value E	0.76%	20,233	$3.5M	Reduce -1.7%
DFAU Dimensional US Core Equity M	0.76%	97,144	$3.5M	Add +232.8%
GLD SPDR Gold Shares	0.75%	11,811	$3.5M	Reduce -6.5%
REET iShares Global REIT ETF	0.74%	151,972	$3.4M	Add +18.7%
VTV Vanguard Mrngstr Val ETF-Aui	0.74%	21,166	$3.4M	Add +190.1%
BRK.B Berkshire Hathaway Inc. Class B	0.69%	6,108	$3.2M	Add +3.6%
IWF iShares Russell 1000 Growth	0.67%	8,968	$3.1M	Add +29.3%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.59%	15,937	$2.7M	Reduce -3.7%
SGOL Abrdn Physical Gold Shares	0.55%	83,083	$2.5M	Reduce -3.9%
SPY SS SPDR S&P 500 ETF Trust-US	0.55%	4,776	$2.5M	Add +5.3%
IWB iShares Russell 1000 ETF	0.52%	8,362	$2.4M	No change
EWG iShares MSCI Germany ETF	0.51%	65,403	$2.3M	Reduce -7.7%
GOOG Alphabet Inc. Class C	0.50%	14,735	$2.3M	Reduce -1.4%
USMV iShares MSCI USA Min Vol Fac	0.48%	24,970	$2.2M	No change
EWY iShares MSCI South Korea ETF	0.46%	40,904	$2.1M	Add +154.2%
DFIC Dimensional International Co.	0.46%	80,594	$2.1M	Add +191.9%
UAUG Innovator U.S. Equity Ultra	0.43%	58,579	$2.0M	No change
DFEM Dimensional Emrg MRKT Core	0.43%	79,489	$2.0M	Add +171.3%
COIN Coinbase Global Inc. Class A	0.42%	11,396	$1.9M	Add +0.0%
AMZN Amazon.com Inc.	0.39%	10,012	$1.8M	Add +8.3%
SPTS SS SPDR P St Term TSY ETF	0.35%	55,276	$1.6M	Reduce -8.9%
MCD McDonald's Corp.	0.35%	5,175	$1.6M	Add +187.3%
V Visa Inc. Class A	0.32%	4,532	$1.5M	Reduce -13.0%
VOO Vanguard S&P 500 ETF	0.31%	2,989	$1.4M	Add +138.6%
IJUN Innov Intl Dev PB ETF - June	0.31%	56,430	$1.4M	No change
PAUG Innovator U.S. Equity Power	0.30%	37,780	$1.4M	No change
BKLN Invesco Senior Loan ETF	0.29%	64,845	$1.3M	New
IEUR iShares Core MSCI Europe ETF	0.28%	22,513	$1.3M	Reduce -7.2%
INDA iShares MSCI India ETF	0.27%	24,156	$1.2M	Reduce -1.9%
VWO Vanguard Ftse Emerging Marke	0.26%	28,560	$1.2M	Add +17.6%
CRM Salesforce Inc.	0.24%	4,315	$1.1M	Reduce -15.7%
VGIT Vanguard Intermediate-Term T	0.24%	18,355	$1.1M	Reduce -8.2%
META Meta Platforms Inc. Class A	0.23%	1,968	$1.1M	Reduce -2.7%
VUG Vanguard Mrngstar GR ETF-Sui	0.23%	2,998	$1.1M	Reduce -7.5%
DFAX Dimensional World Ex US Core	0.23%	43,029	$1.1M	Add +0.9%
SJNK SS SPDR BB St Hi Yield ETF	0.23%	42,824	$1.0M	New
TIP iShares Tips Bond ETF	0.22%	9,540	$1.0M	Reduce -8.3%
EWJ iShares MSCI Japan ETF	0.22%	15,664	$1.0M	Reduce -12.1%
SCHK Schwab 1000 Index ETF	0.22%	39,766	$1.0M	Add +180.0%
GOOGL Alphabet Inc. Class A	0.22%	6,563	$1.0M	Add +14.3%
UJUL Innovator U.S. Equity Ultra	0.21%	30,156	$977K	No change
VEA Vanguard Ftse Developed ETF	0.20%	19,271	$927K	Add +24.9%
NFLX Netflix Inc.	0.20%	995	$917K	Reduce -4.2%
VT Vanguard Tot World STK ETF	0.20%	8,387	$913K	Add +64.3%
DFSV Dimensional US Small Cap Val	0.19%	35,728	$893K	New
CMF iShares California Muni Bond	0.19%	15,932	$878K	New
IJR iShares Core S&P Small-Cap E	0.19%	9,299	$876K	Add +5.4%
DBC Invesco DB Commodity Index T	0.19%	42,218	$871K	No change
JPM JPMorgan Chase & Co.	0.19%	3,813	$866K	Add +25.0%
RWO State Street SPDR Dow Jones	0.19%	21,385	$866K	Reduce -12.2%
IAPR Innovator International Deve	0.19%	32,079	$852K	Add +8.9%
UMAR Innovator U.S. Equity Ultra	0.18%	23,705	$823K	Reduce -15.1%
VGK Vanguard Ftse Europe ETF	0.18%	12,340	$821K	Reduce -0.2%
UFEB Innovator U.S. Equity Ultra	0.18%	25,693	$813K	Add +8.0%
USEP Innovator U.S. Equity Ultra	0.18%	24,257	$811K	No change
JNJ Johnson & Johnson	0.18%	5,444	$810K	Add +24.6%
WFC Wells Fargo & Co.	0.17%	12,645	$798K	Add +3.0%
GBTC Grayscale Bitcoin Trust ETF	0.17%	12,678	$796K	Add +1.4%
VPL Vanguard Ftse Pacific ETF	0.17%	11,428	$780K	Reduce -4.0%
DFSU Dimensional US Sus CORE1 ETF	0.17%	22,826	$765K	Reduce -46.7%
VXUS Vanguard Total Intl Stock	0.16%	12,911	$754K	Reduce -0.8%
PJUL Innovator U.S. Equity Power	0.16%	19,338	$749K	No change
AGG iShares Core U.S. Aggregate	0.16%	7,690	$747K	Add +22.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.16%	20,834	$747K	Add +14.0%
XOM Exxon Mobil Corp.	0.16%	7,406	$740K	Add +8.9%
DFAW Dimensional World Eqty ETF	0.16%	12,863	$734K	Reduce -32.1%
IVV iShares Core S&P 500 ETF	0.16%	1,390	$733K	Add +8.4%
OCSL Oaktree Specialty Lending Co.	0.16%	53,610	$726K	Add +197.6%
ANET Arista Networks Inc.	0.16%	9,944	$722K	Add +1.1%
UAPR Innovator U.S. Equity Ultra	0.15%	24,238	$705K	No change
DFCA Dimensional Calfornia MB ETF	0.15%	14,384	$701K	Add +99.6%
MELI MercadoLibre Inc.	0.15%	361	$698K	Add +46.1%
AMGN Amgen Inc.	0.15%	2,445	$688K	Add +121.7%
PG The Procter & Gamble Co.	0.15%	4,131	$676K	Add +11.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.14%	2,675	$641K	Add +106.3%
HD Home Depot Inc.	0.14%	1,790	$633K	Add +6.4%
SHV iShares 0-1 Year Treasury Bo	0.14%	5,660	$624K	Add +29.3%
TSLA Tesla Inc.	0.14%	2,462	$621K	Reduce -9.0%
UDEC Innovator U.S. Equity Ultra	0.13%	18,526	$618K	New
PMAR Innovator U.S. Equity Power	0.13%	15,661	$600K	Add +17.8%
DCOR Dimensional US Core Eq 1 ETF	0.13%	10,474	$599K	Add +0.3%
EFAV iShares MSCI Eafe Min Vol Fa	0.13%	7,744	$590K	No change
CSCO Cisco Systems Inc.	0.13%	10,186	$576K	Reduce -12.8%
CVX Chevron Corp.	0.13%	4,254	$574K	Reduce -11.1%
LLY Eli Lilly & Co.	0.12%	788	$568K	Add +0.1%
HYBB iShares BB Rated Corp. Bond	0.12%	12,639	$568K	Add +6.0%
JEPI JPMorgan Equity Premium Inco	0.12%	10,459	$559K	Add +170.7%
SLV iShares Silver Trust	0.12%	19,589	$554K	Reduce -6.4%
IOCT Innovator Int Dev Power Buff	0.12%	18,597	$551K	Add +155.5%
AVGO Broadcom Inc.	0.12%	3,141	$541K	Reduce -4.8%
GS Goldman Sachs Group Inc.	0.12%	1,100	$539K	Add +1.9%
ESGU iShares ESG Aware MSCI USA	0.11%	4,589	$524K	New
IWN iShares Russell 2000 Value E	0.11%	3,852	$524K	Add +1.7%
MRK Merck & Co. Inc.	0.11%	6,746	$523K	Reduce -1.8%
UNH Unitedhealth Group Inc.	0.11%	866	$515K	Reduce -21.4%
SCMB Schwab Municipal Bond ETF	0.11%	20,578	$510K	Reduce -48.7%
DFSI Dimensional Int Sus COR1 ETF	0.11%	15,102	$505K	Reduce -10.8%
T AT&T Inc.	0.11%	18,665	$493K	New
MDT Medtronic PLC	0.11%	5,950	$491K	Add +70.8%
KMB Kimberly-Clark Corp.	0.11%	3,552	$488K	Add +59.3%
GVA Granite Construction Inc.	0.10%	6,245	$482K	No change
VB Vanguard Most SM-Cap ETF-Usd	0.10%	2,245	$456K	Reduce -1.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.10%	1,976	$454K	Reduce -8.6%
NEM Newmont Corp.	0.10%	8,749	$446K	Add +1.1%
ISRG Intuitive Surgical Inc.	0.10%	909	$445K	Add +0.8%
IMAR Innovator Intdevpow Buf-Mar	0.10%	17,423	$444K	Add +38.3%
AOR iShares Core 60/40 Balanced	0.10%	7,965	$438K	Add +2.1%
VOE Vngrd Mrngstr MD-Cap Val ETF	0.09%	2,951	$436K	Reduce -0.1%
SPYM Ste STR SPDR PT S&P 500 ETF	0.09%	7,036	$434K	Add +0.3%
PEP Pepsico Inc.	0.09%	2,957	$426K	Add +59.7%
IDEC Inno Int Dev Power Buff Dec	0.09%	15,337	$413K	New
MCK McKesson Corp.	0.09%	604	$410K	New
ABT Abbott Laboratories	0.09%	3,289	$409K	Add +15.1%
KO The Coca-Cola Co.	0.09%	5,672	$401K	Reduce -15.7%
CI The Cigna Group	0.09%	1,212	$397K	Reduce -2.8%
FTNT Fortinet Inc.	0.09%	4,109	$396K	New
WSO Watsco Inc.	0.08%	778	$388K	Reduce -2.8%
PNOV Innovator U.S. Equity Power	0.08%	10,799	$387K	No change
KMI Kinder Morgan Inc.	0.08%	14,973	$386K	Reduce -6.9%
CMCSA Comcast Corp. Class A	0.08%	11,323	$381K	New
EQH Equitable Holdings Inc.	0.08%	8,293	$380K	Reduce -9.3%
NVS Novartis AG-Sponsored ADR	0.08%	3,595	$372K	Reduce -9.7%
IJJ iShares S&P Mid-Cap 400 Valu	0.08%	3,430	$371K	No change
BSV Vanguard Short-Term Bond ETF	0.08%	4,652	$363K	Add +11.6%
ET Energy Transfer LP	0.08%	22,785	$363K	Reduce -5.3%
AEP American Electric Power	0.08%	3,505	$362K	Add +0.7%
FXE Invesco Currencyshares Euro	0.08%	3,480	$360K	Reduce -7.4%
PAPR Innovator U.S. Equity Power	0.08%	10,329	$355K	Add +24.6%
ADP Automatic Data Processing	0.08%	1,210	$354K	Add +19.9%
PMAY Innovator U.S. Equity Power	0.08%	10,262	$353K	No change
IXUS iShares Core Intl Stock ETF	0.08%	5,361	$352K	Add +0.0%
MO Altria Group Inc.	0.08%	6,173	$348K	Reduce -6.4%
USB US Bancorp	0.08%	9,278	$346K	Reduce -0.6%
PKG Packaging Corp. of America	0.08%	1,862	$345K	Reduce -2.1%
XLF SS Financial Select Sector	0.07%	7,503	$344K	Add +47.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.07%	4,032	$344K	Add +45.2%
DFCF Dimensional Core Fixed Inc.	0.07%	8,306	$342K	Reduce -3.6%
PSA Public Storage	0.07%	1,228	$341K	Add +5.5%
ETN Eaton Corp. PLC	0.07%	1,251	$339K	Add +14.3%
PJAN Innovator U.S. Equity Power	0.07%	8,432	$337K	No change
BMRC Bank of Marin Bancorp filed as BANK MARIN BANCORP	0.07%	16,969	$333K	Reduce -4.2%
DUK Duke Energy Corp.	0.07%	2,850	$333K	Add +3.7%
PNW Pinnacle West Capital	0.07%	3,678	$332K	Reduce -6.3%
QQQM Invesco Nasdaq 100 ETF	0.07%	1,804	$331K	Reduce -27.2%
IFEB Innovator Intl D PB ETF-Feb	0.07%	12,776	$330K	New
IJK iShares S&P Mid-Cap 400 Grow	0.07%	4,155	$324K	No change
ESGV Vanguard ESG US Stock ETF	0.07%	3,504	$323K	New
SNY Sanofi-ADR	0.07%	6,408	$318K	Reduce -10.7%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE	0.07%	800	$317K	No change
VNM Vaneck Vietnam ETF	0.07%	27,820	$315K	Add +2.9%
F Ford Motor Co. filed as FORD MTR CO	0.07%	34,424	$315K	New
IUSG iShares Core S&P U.S. Growth	0.07%	2,580	$314K	New
GD General Dynamics Corp.	0.07%	1,146	$312K	Reduce -6.5%
ED Consolidated Edison Inc.	0.07%	2,864	$310K	Reduce -7.2%
DRI Darden Restaurants Inc.	0.07%	1,611	$309K	Reduce -7.3%
RGLD Royal Gold Inc.	0.07%	1,808	$309K	New
MCHI iShares MSCI China ETF	0.07%	6,407	$307K	Reduce -0.7%
IWO iShares Russell 2000 Growth	0.07%	1,300	$306K	No change
DFEV Dimensional Emrg MRKT Val	0.07%	12,280	$306K	Add +0.8%
TRV The Travelers Cos Inc.	0.07%	1,246	$305K	Reduce -9.7%
CAT Caterpillar Inc.	0.07%	1,056	$305K	Reduce -42.3%
ARTY iShares Future AI & Tech ETF	0.07%	10,133	$303K	Add +1.6%
UJUN Innovator U.S. Equity Ultra	0.07%	9,478	$302K	No change
VTEC Vanguard Ca Tax-Ex Bond	0.07%	3,108	$301K	New
EWT iShares MSCI Taiwan ETF	0.07%	6,905	$299K	Reduce -2.8%
SCHF Schwab Intl Equity ETF	0.07%	15,966	$299K	Add +40.0%
COST Costco Wholesale Corp.	0.06%	305	$294K	Reduce -2.9%
IAUG Innov in DVLP PWRB ETF - Aug	0.06%	11,990	$294K	No change
VST Vistra Corp.	0.06%	2,690	$294K	Add +1.5%
WM Waste Management Inc.	0.06%	1,291	$292K	New
GPC Genuine Parts Co.	0.06%	2,565	$291K	Add +7.1%
ABBV Abbvie Inc.	0.06%	1,652	$288K	Reduce -1.0%
PNC PNC Financial Services Group	0.06%	1,884	$287K	New
UL Unilever PLC	0.06%	4,783	$287K	Reduce -1.0%
BCX BlackRock Resources & Commod	0.06%	33,511	$282K	Reduce -11.2%
HPQ HP Inc.	0.06%	12,322	$282K	Add +49.1%
EWS iShares MSCI Singapore ETF	0.06%	13,047	$281K	Reduce -7.3%
VXF Vanguard Extended Market ETF	0.06%	1,774	$281K	Add +12.1%
VZ Verizon Communications Inc.	0.06%	6,431	$276K	Reduce -6.4%
APD Air Products & Chemicals Inc.	0.06%	1,053	$276K	Add +7.3%
HON Honeywell International Inc.	0.06%	1,419	$274K	Add +13.4%
A Agilent Technologies Inc.	0.06%	2,717	$272K	New
PSFF Pacer Swan Sos Fund of Funds	0.06%	9,781	$270K	Add +3.8%
DFSB Dim GLB Sustain Fix Inc. ETF	0.06%	5,264	$268K	Add +3.7%
APH Amphenol Corp. Class A	0.06%	4,150	$266K	New
VALE Vale SA-SP ADR	0.06%	29,812	$265K	Add +11.9%
CSGS CSG Systems Intl Inc.	0.06%	4,534	$265K	New
ITW Illinois Tool Works	0.06%	1,164	$264K	Reduce -16.9%
AGZ iShares Agency Bond ETF	0.06%	2,425	$263K	Reduce -16.7%
DELL Dell Technologies -C	0.06%	3,320	$262K	Add +27.7%
RTX RTX Corp.	0.06%	2,059	$262K	New
RIO Rio Tinto PLC-Spon ADR	0.06%	4,764	$261K	Reduce -8.8%
FAST Fastenal Co.	0.06%	3,441	$261K	Reduce -4.1%
LRCX Lam Research Corp.	0.06%	3,923	$261K	Reduce -6.0%
DFSE Dimensional Em Sus CORE1 ETF	0.06%	8,271	$259K	Reduce -18.5%
FLOT iShares Floating Rate Bond E	0.06%	5,113	$257K	Reduce -12.4%
WMT Walmart Inc.	0.06%	2,834	$257K	Add +2.5%
UNP Union Pacific Corp.	0.06%	1,169	$256K	Reduce -41.6%
VGSH Vanguard Short-Term Treasury	0.06%	4,365	$256K	New
RMBS Rambus Inc.	0.06%	5,498	$254K	New
ES Eversource Energy	0.05%	4,525	$252K	New
SPLV Invesco S&P 500 Low Volatili	0.05%	3,575	$252K	No change
UBER Uber Technologies Inc.	0.05%	3,520	$250K	New
IEF iShares 7-10 Year Treasury B	0.05%	2,650	$249K	New
JAZZ Jazz Pharmaceuticals PLC	0.05%	2,432	$248K	Reduce -5.5%
DVN Devon Energy Corp.	0.05%	8,909	$247K	New
AES AES Corp.	0.05%	23,939	$247K	Add +7.5%
VSGX Vanguard ESG Intl Stock ETF	0.05%	4,460	$247K	Reduce -0.4%
NKE Nike Inc. Class B	0.05%	4,477	$244K	Add +9.1%
PFEB Innovator U.S. Equity Power	0.05%	7,031	$242K	New
LNT Alliant Energy Corp.	0.05%	4,007	$241K	Reduce -11.4%
GL Globe Life Inc.	0.05%	2,033	$241K	New
EME Emcor Group Inc.	0.05%	639	$240K	New
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP	0.05%	3,124	$239K	Reduce -51.1%
NUE Nucor Corp.	0.05%	2,182	$239K	New
ZTS Zoetis Inc.	0.05%	1,622	$238K	Reduce -4.5%
WEC WEC Energy Group Inc.	0.05%	2,226	$235K	Reduce -15.7%
BCO The Brink's Co.	0.05%	2,812	$234K	New
EXEL Exelixis Inc.	0.05%	6,746	$232K	New
EMN Eastman Chemical Co.	0.05%	3,055	$232K	New
SCHD Schwab US DVD Equity ETF	0.05%	9,275	$232K	Add +11.1%
SUB iShares Short-Term National	0.05%	2,202	$231K	New
EWU iShares MSCI United Kingdom	0.05%	6,672	$231K	No change
SNV Synovus Financial Corp.	0.05%	5,811	$230K	New
MDLZ Mondelez International Inc. Class A	0.05%	3,482	$230K	Reduce -6.2%
SLB SLB Ltd. filed as SCHLUMBERGER LTD	0.05%	7,018	$228K	New
SFLR Innovator Eqty MGD Floor ETF	0.05%	7,437	$228K	New
BMY Bristol-Myers Squibb Co.	0.05%	4,503	$227K	Reduce -5.6%
TSM Taiwan Semiconductor-SP ADR	0.05%	1,502	$227K	Add +4.4%
INOV Inno Int Dev Power Buff Nov	0.05%	7,769	$226K	No change
FXC Invesco Currencyshares Canad	0.05%	3,200	$224K	Reduce -5.1%
FDN First Trust DJ Internet Ind	0.05%	1,040	$222K	New
AMCR Amcor PLC	0.05%	24,323	$219K	New
VOOV Vanguard S&P 500 Value ETF	0.05%	1,293	$219K	No change
XLV SS Health Care Select Sector	0.05%	1,620	$219K	Add +0.1%
TGT Target Corp.	0.05%	2,355	$218K	Reduce -0.8%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.05%	2,537	$218K	Add +2.4%
FSLR First Solar Inc.	0.05%	1,784	$218K	New
EEFT Euronet Worldwide Inc.	0.05%	2,335	$216K	Reduce -18.9%
FXA Invesco Currencyshares Austr	0.05%	3,476	$214K	Reduce -6.7%
AOA iShares Core 80/20 Aggressiv	0.05%	2,957	$214K	Add +1.8%
BND Vanguard Total Bond Market	0.05%	2,953	$213K	New
KALU Kaiser Aluminum Corp.	0.05%	4,053	$212K	Add +1.4%
CB Chubb Ltd.	0.05%	743	$210K	New
XOP SS SPDR S&P Og Exp & Prod	0.05%	2,009	$210K	Reduce -0.2%
SCHX Schwab US Large-Cap ETF	0.04%	9,980	$207K	Add +0.3%
AOM iShares Core 40/60 Moderate	0.04%	4,888	$206K	Add +0.5%
CME Cme Group Inc.	0.04%	791	$204K	Reduce -17.3%
TXN Texas Instruments Inc.	0.04%	1,305	$204K	Reduce -6.2%
MU Micron Technology Inc.	0.04%	2,915	$204K	New
ICOW Pacer Developed Markets Inte	0.04%	7,004	$203K	New
PAGP Plains GP Holdings LP	0.04%	10,060	$178K	Reduce -7.3%
SAN Banco Santander SA-Spon ADR	0.02%	16,458	$103K	Reduce -12.8%
MFG Mizuho Financial Group-ADR	0.01%	15,025	$68K	Add +2.1%
LYG Lloyds Banking Group PLC-ADR	0.01%	12,797	$46K	No change
SVC Service Pptys TR	0.01%	18,901	$36K	No change

Portfolio Sells Q4 2024 → Q1 2025


AAPL Apple Inc.	Reduce -0.8%	7.19%	−1.90
SGOV iShares 0-3 Month Treasury B	Reduce -13.1%	3.97%	−0.63
MOAT Vaneck Morningstar Wide Moat	Reduce -2.4%	3.45%	−0.61
FLKR Franklin Ftse South Korea	Sold out	0.00%	−0.32
GUNR NT Mstar GLBL NR ETF	Sold out	0.00%	−0.29
VTI VG Morningstar TS MKT ETF-US	Reduce -3.6%	1.56%	−0.26
QQQ Invesco QQQ Trust Series 1	Reduce -4.8%	1.10%	−0.22
DFSU Dimensional US Sus CORE1 ETF	Reduce -46.7%	0.17%	−0.19
GOOG Alphabet Inc. Class C	Reduce -1.4%	0.50%	−0.13
INTU Intuit Inc.	Sold out	0.00%	−0.13
VBR Vngrd Mrngst SL-CP Val ETF-U	Reduce -3.7%	0.59%	−0.12
CRM Salesforce Inc.	Reduce -15.7%	0.24%	−0.12
SCMB Schwab Municipal Bond ETF	Reduce -48.7%	0.11%	−0.11
BX Blackstone Inc.	Sold out	0.00%	−0.10
TSLA Tesla Inc.	Reduce -9.0%	0.14%	−0.10
DFAW Dimensional World Eqty ETF	Reduce -32.1%	0.16%	−0.10
PAYX Paychex Inc.	Sold out	0.00%	−0.09
ALL Allstate Corp.	Sold out	0.00%	−0.09
GEN Gen Digital Inc.	Sold out	0.00%	−0.09
AZO AutoZone Inc.	Sold out	0.00%	−0.09
MKL Markel Group Inc.	Sold out	0.00%	−0.08
LAMR Lamar Advertising Co. Class A	Sold out	0.00%	−0.08
ACGL Arch Capital Group Ltd.	Sold out	0.00%	−0.08
CAT Caterpillar Inc.	Reduce -42.3%	0.07%	−0.07
CRL Charles River Laboratories	Sold out	0.00%	−0.07
KGC Kinross Gold Corp.	Sold out	0.00%	−0.07
KHC The Kraft Heinz Co.	Sold out	0.00%	−0.07
SWK Stanley Black & Decker Inc.	Sold out	0.00%	−0.07
SKX Skechers USA Inc. Class A	Sold out	0.00%	−0.07
IWD iShares Russell 1000 Value E	Reduce -1.7%	0.76%	−0.07
GIS General Mills Inc.	Sold out	0.00%	−0.06
GNRC Generac Holdings Inc.	Sold out	0.00%	−0.06
DMC Del Monte Corp.	Sold out	0.00%	−0.06
GPN Global Payments Inc.	Sold out	0.00%	−0.06
YELP Yelp Inc.	Sold out	0.00%	−0.06
CCI Crown Castle Inc.	Sold out	0.00%	−0.06
RMD Resmed Inc.	Sold out	0.00%	−0.06
ENOV Enovis Corp.	Sold out	0.00%	−0.06
VUG Vanguard Mrngstar GR ETF-Sui	Reduce -7.5%	0.23%	−0.06
BNS Bank of Nova Scotia	Sold out	0.00%	−0.05
BNY Bank of New York Mellon Corp.	Reduce -51.1%	0.05%	−0.05
DEO Diageo PLC-Sponsored ADR	Sold out	0.00%	−0.05
RY Royal Bank of Canada	Sold out	0.00%	−0.05
VGT Vanguard Info Tech ETF	Sold out	0.00%	−0.05
VCR Vanguard Consumer Discre ETF	Sold out	0.00%	−0.05
IJH iShares Core S&P Midcap ETF	Sold out	0.00%	−0.05
ETHE Grayscale Ethereum Staking E	Sold out	0.00%	−0.05
PLTR Palantir Technologies Inc. Class A	Sold out	0.00%	−0.05
BLK BlackRock Inc.	Sold out	0.00%	−0.05
QCOM Qualcomm Inc.	Sold out	0.00%	−0.05

Portfolio Buys Q4 2024 → Q1 2025


SCHO Schwab Short-Term US Treas	Add +8.6%	8.55%	+0.68
DFAU Dimensional US Core Equity M	Add +232.8%	0.76%	+0.50
VTV Vanguard Mrngstr Val ETF-Aui	Add +190.1%	0.74%	+0.47
MUB iShares National Muni Bond E	Add +43.5%	1.55%	+0.43
GNR State Street SPDR S&P Global	Add +76.7%	1.06%	+0.42
BIL SS SPDR BB 1-3M T-Bill ETF	Add +28.9%	1.42%	+0.31
DFIC Dimensional International Co.	Add +191.9%	0.46%	+0.31
DFIV Dimensional International Va	Add +6.4%	3.75%	+0.30
BKLN Invesco Senior Loan ETF	New	0.29%	+0.29
EWY iShares MSCI South Korea ETF	Add +154.2%	0.46%	+0.27
DFEM Dimensional Emrg MRKT Core	Add +171.3%	0.43%	+0.26
IAU iShares Gold Trust	Add +6.8%	1.28%	+0.25
MCD McDonald's Corp.	Add +187.3%	0.35%	+0.23
SJNK SS SPDR BB St Hi Yield ETF	New	0.23%	+0.23
LQD Ishr Ibx Usd Invgd CB ETF-Ui	Add +16.8%	1.51%	+0.21
DFSV Dimensional US Small Cap Val	New	0.19%	+0.19
CMF iShares California Muni Bond	New	0.19%	+0.19
VOO Vanguard S&P 500 ETF	Add +138.6%	0.31%	+0.17
DIHP Dimensional International Hi	Add +11.0%	1.27%	+0.14
UDEC Innovator U.S. Equity Ultra	New	0.13%	+0.13
SCHK Schwab 1000 Index ETF	Add +180.0%	0.22%	+0.13
FLRN SS SPDR BB Ig Float RT ETF	Add +10.1%	1.68%	+0.12
BIV Vanguard Intermediate-Term B	Add +4.3%	2.34%	+0.12
ESGU iShares ESG Aware MSCI USA	New	0.11%	+0.11
BRK.B Berkshire Hathaway Inc. Class B	Add +3.6%	0.69%	+0.11
T AT&T Inc.	New	0.11%	+0.11
OCSL Oaktree Specialty Lending Co.	Add +197.6%	0.16%	+0.10
DFAI Dimensional International Co.	Add +1.4%	3.96%	+0.10
IDEC Inno Int Dev Power Buff Dec	New	0.09%	+0.09
REET iShares Global REIT ETF	Add +18.7%	0.74%	+0.09
MCK McKesson Corp.	New	0.09%	+0.09
AMGN Amgen Inc.	Add +121.7%	0.15%	+0.09
FTNT Fortinet Inc.	New	0.09%	+0.09
CMCSA Comcast Corp. Class A	New	0.08%	+0.08
VEU Vanguard Ftse All-World Ex-U	Add +11.4%	0.79%	+0.08
DFCA Dimensional Calfornia MB ETF	Add +99.6%	0.15%	+0.07
JEPI JPMorgan Equity Premium Inco	Add +170.7%	0.12%	+0.07
IOCT Innovator Int Dev Power Buff	Add +155.5%	0.12%	+0.07
IFEB Innovator Intl D PB ETF-Feb	New	0.07%	+0.07
ESGV Vanguard ESG US Stock ETF	New	0.07%	+0.07
VT Vanguard Tot World STK ETF	Add +64.3%	0.20%	+0.07
F Ford Motor Co.	New	0.07%	+0.07
IUSG iShares Core S&P U.S. Growth	New	0.07%	+0.07
RGLD Royal Gold Inc.	New	0.07%	+0.07
IWF iShares Russell 1000 Growth	Add +29.3%	0.67%	+0.07
VTEC Vanguard Ca Tax-Ex Bond	New	0.07%	+0.07
VO Vngrd Mrngstr MD-Cap ETF-Usd	Add +106.3%	0.14%	+0.06
WM Waste Management Inc.	New	0.06%	+0.06
PNC PNC Financial Services Group	New	0.06%	+0.06
A Agilent Technologies Inc.	New	0.06%	+0.06

Options Activity Q4 2024 → Q1 2025


QQQ Invesco QQQ Trust Series 1	put	Sold out	6,000	$3.0Mbefore exit
SPY SS SPDR S&P 500 ETF Trust-US	put	Sold out	1,000	$580Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	373	$882.4M	SGOV, AAPL, SCHO, DFAC, DFIV
Q1 2026	345	$754.1M	SGOV, SCHO, AAPL, DFIV, DFAC
Q4 2025	329	$708.0M	SGOV, AAPL, SCHO, DFAC, DFIV
Q3 2025	322	$633.0M	AAPL, SCHO, SGOV, DFAC, DFIV
Q2 2025	298	$553.2M	SCHO, AAPL, SGOV, DFAC, DFAI
Q1 2025	283	$459.5M	SCHO, AAPL, DFAC, SGOV, DFAI
Q4 2024	274	$456.1M	AAPL, SCHO, SGOV, DFAC, MOAT
Q3 2024	258	$435.5M	AAPL, SCHO, DFAC, MOAT, DFAI
Q2 2024	255	$414.1M	AAPL, SCHO, DFAC, MOAT, DFAI