Flagstone Financial Management
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 24, 2024), Flagstone Financial Management reported 45 stock positions worth $268.8 million. Its top holding was Dimensional US Eq MKT ETF (DFUS) at 28.3% of the portfolio, followed by iShares 5-10Y Inv Grade (IGIB, 10.5%) and Ste STR SPDR PT DW Eu ETF (SPDW, 8.1%). Compared with Q1 2024, it opened 2 new positions, added to 18 and reduced 10. The biggest buy was iShares 5-10Y Inv Grade (IGIB, shares +52%) and the biggest sale SS SPDR P Int C Corp. ETF (SPIB, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- LINCOLN, NE
- CIK
- 0001968890
- Portfolio Value
- $268.8M (Q2 2024)
- SEC Filing
- 0001968890-24-000003 ↗ filed Jul 24, 2024
Holdings Value
Holdings 45 stocks · $268.8M
| DFUS Dimensional US Eq MKT ETF | 28.29% | 1,292,546 | $76.1M | Add +2.1% |
| IGIB iShares 5-10Y Inv Grade Corp. | 10.47% | 548,963 | $28.1M | Add +52.2% |
| SPDW Ste STR SPDR PT DW Eu ETF | 8.15% | 624,457 | $21.9M | Add +1.6% |
| SPSB SS SPDR P St C Corp. ETF | 7.36% | 666,228 | $19.8M | Reduce -1.9% |
| SPTI SS SPDR P Int Term TSY ETF | 6.29% | 603,923 | $16.9M | Add +4.9% |
| BNDX Vanguard Total Intl Bond ETF | 5.66% | 312,537 | $15.2M | Add +4.7% |
| AVUV Avantis US Small Cap Value | 5.20% | 155,818 | $14.0M | Add +3.4% |
| DFEM Dimensional Emrg MRKT Core | 4.44% | 446,176 | $11.9M | Add +12.6% |
| AVUS Avantis U.S. Equity ETF | 3.98% | 118,769 | $10.7M | Add +2.3% |
| AVDV Avantis Intl S/C Value ETF | 3.75% | 155,195 | $10.1M | Add +0.4% |
| AVEM Avantis Emerging Markets Eq | 2.70% | 118,915 | $7.3M | Reduce -13.4% |
| VNQ Vanguard Real Estate ETF | 2.62% | 84,124 | $7.0M | Add +4.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.57% | 10,370 | $4.2M | Reduce -0.8% |
| MUNI PIMCO Intermediate Municipal | 1.27% | 65,742 | $3.4M | Add +27.9% |
| AVDE Avantis International Equity | 1.23% | 52,953 | $3.3M | Reduce -1.9% |
| MSFT Microsoft Corp. | 0.78% | 4,702 | $2.1M | Reduce -0.5% |
| SUSB iShares ESG Aware 1-5 Year U | 0.68% | 74,411 | $1.8M | Reduce -6.6% |
| AAPL Apple Inc. | 0.48% | 6,170 | $1.3M | Reduce -0.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.46% | 2 | $1.2M | No change |
| VIG Vanguard Dividend Apprec ETF | 0.34% | 5,034 | $919K | Reduce -2.7% |
| USB US Bancorp | 0.32% | 21,618 | $858K | Add +0.0% |
| DFAE Dimensional Emerging Core Eq | 0.30% | 31,663 | $819K | No change |
| AVRE Avantis Real Estate ETF | 0.30% | 19,408 | $800K | Add +8.6% |
| XOM Exxon Mobil Corp. | 0.26% | 5,967 | $687K | No change |
| WFC Wells Fargo & Co. | 0.25% | 11,409 | $678K | Add +2.1% |
| SPIB SS SPDR P Int C Corp. ETF | 0.24% | 20,182 | $657K | Reduce -91.2% |
| JPM JPMorgan Chase & Co. | 0.23% | 3,105 | $628K | No change |
| VGIT Vanguard Intermediate-Term T | 0.20% | 9,030 | $526K | Add +7.8% |
| GOOG Alphabet Inc. Class C | 0.19% | 2,776 | $509K | Add +0.2% |
| DFSU Dimensional US Sus CORE1 ETF | 0.18% | 14,238 | $496K | Add +119.2% |
| MUB iShares National Muni Bond E | 0.16% | 4,143 | $441K | No change |
| DFAR Dimensional US Real Est ETF | 0.16% | 19,274 | $426K | No change |
| CPBI Central Plains Bancshares Inc. | 0.16% | 41,462 | $419K | No change |
| MKL Markel Group Inc. | 0.15% | 254 | $400K | No change |
| IWR iShares Russell Mid-Cap ETF | 0.15% | 4,922 | $399K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.15% | 1,481 | $396K | Add +1.1% |
| NVDA Nvidia Corp. | 0.11% | 2,449 | $303K | New |
| DFIV Dimensional International Va | 0.11% | 8,416 | $302K | No change |
| UNP Union Pacific Corp. | 0.11% | 1,334 | $302K | No change |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.11% | 4,545 | $302K | No change |
| IWM iShares Russell 2000 ETF | 0.11% | 1,465 | $297K | No change |
| IEI iShares 3-7 Year Treasury Bo | 0.09% | 2,034 | $235K | No change |
| DFAT Dimensional US Target Value | 0.08% | 4,113 | $213K | No change |
| PEP Pepsico Inc. | 0.08% | 1,224 | $202K | Reduce -5.7% |
| AMZN Amazon.com Inc. | 0.07% | 1,036 | $200K | New |
Portfolio Sells Q1 2024 → Q2 2024
| SPIB SS SPDR P Int C Corp. ETF | Reduce -91.2% | 0.24% | −2.66 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -1.9% | 7.36% | −0.45 |
| AVEM Avantis Emerging Markets Eq | Reduce -13.4% | 2.70% | −0.37 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.8% | 1.57% | −0.13 |
| AVDE Avantis International Equity | Reduce -1.9% | 1.23% | −0.10 |
| SUSB iShares ESG Aware 1-5 Year U | Reduce -6.6% | 0.68% | −0.08 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.7% | 0.34% | −0.02 |
| PEP Pepsico Inc. | Reduce -5.7% | 0.08% | −0.01 |
| MSFT Microsoft Corp. | Reduce -0.5% | 0.78% | +0.01 |
| AAPL Apple Inc. | Reduce -0.6% | 0.48% | +0.07 |
Portfolio Buys Q1 2024 → Q2 2024
| IGIB iShares 5-10Y Inv Grade Corp. | Add +52.2% | 10.47% | +3.28 |
| DFEM Dimensional Emrg MRKT Core | Add +12.6% | 4.44% | +0.53 |
| DFUS Dimensional US Eq MKT ETF | Add +2.1% | 28.29% | +0.44 |
| MUNI PIMCO Intermediate Municipal | Add +27.9% | 1.27% | +0.23 |
| NVDA Nvidia Corp. | New | 0.11% | +0.11 |
| DFSU Dimensional US Sus CORE1 ETF | Add +119.2% | 0.18% | +0.10 |
| AMZN Amazon.com Inc. | New | 0.07% | +0.07 |
| SPTI SS SPDR P Int Term TSY ETF | Add +4.9% | 6.29% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +0.2% | 0.19% | +0.03 |
| VGIT Vanguard Intermediate-Term T | Add +7.8% | 0.20% | +0.01 |
| AVRE Avantis Real Estate ETF | Add +8.6% | 0.30% | +0.01 |
| WFC Wells Fargo & Co. | Add +2.1% | 0.25% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.1% | 0.15% | +0.00 |
| BNDX Vanguard Total Intl Bond ETF | Add +4.7% | 5.66% | −0.02 |
| AVUS Avantis U.S. Equity ETF | Add +2.3% | 3.98% | −0.03 |
| USB US Bancorp | Add +0.0% | 0.32% | −0.05 |
| VNQ Vanguard Real Estate ETF | Add +4.5% | 2.62% | −0.07 |
| AVDV Avantis Intl S/C Value ETF | Add +0.4% | 3.75% | −0.18 |
| AVUV Avantis US Small Cap Value | Add +3.4% | 5.20% | −0.26 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +1.6% | 8.15% | −0.36 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 77 | $447.2M | DFUS, IGIB, SPDW, SPSB, SPTI |
| Q1 2026 | 71 | $402.9M | DFUS, IGIB, SPDW, SPSB, SPTI |
| Q4 2025 | 66 | $389.9M | DFUS, IGIB, SPDW, SPSB, SPTI |
| Q3 2025 | 62 | $379.0M | DFUS, IGIB, SPDW, SPSB, SPTI |
| Q2 2025 | 59 | $348.9M | DFUS, IGIB, SPDW, SPSB, SPTI |
| Q1 2025 | 53 | $310.5M | DFUS, IGIB, SPDW, SPSB, SPTI |
| Q4 2024 | 54 | $301.0M | DFUS, IGIB, SPDW, SPSB, SPTI |
| Q3 2024 | 53 | $298.2M | DFUS, IGIB, SPDW, SPSB, SPTI |
| Q2 2024 | 45 | $268.8M | DFUS, IGIB, SPDW, SPSB, SPTI |
| Q1 2024 | 43 | $258.8M | DFUS, SPDW, SPSB, IGIB, SPTI |