Focus Partners Wealth

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Focus Partners Wealth reported 1,550 stock positions worth $31.3 billion. Its top holding was Dimensional US Core Equity 2 (DFAC) at 4.2% of the portfolio, followed by Apple (AAPL, 2.8%) and Microsoft (MSFT, 2.5%). Compared with Q2 2024, it opened 494 new positions, sold out of 181, added to 468 and reduced 539. The biggest buy was Dimensional US Core Equity 2 (DFAC, shares +5858%) and the biggest sale Microsoft (MSFT, shares −51%).

Most Recent 13F
Q2 2026
Location
ST LOUIS, MO
CIK
0001542153
Portfolio Value
$31.3B (Q3 2024)
SEC Filing
0001542153-24-000013 ↗ filed Nov 14, 2024

Holdings Value

0$20.0B$40.0B$60.0B$80.0B$100.0B Q1 2024: $12.3B Q1 2024 Q2 2024: $29.7B Q2 2024 Q3 2024: $31.3B $31.3B Q3 2024 Q4 2024: $38.4B Q4 2024 Q1 2025: $39.8B Q1 2025 Q2 2025: $46.1B Q2 2025 Q3 2025: $61.9B Q3 2025 Q4 2025: $87.7B Q4 2025 Q1 2026: $89.8B Q1 2026 Q2 2026: $97.5B Q2 2026

Holdings 1,550 stocks · $31.3B
DFAC Dimensional US Core Equity 2 4.24% 38,716,303 $1.3B Add +5857.8%
AAPL Apple Inc. 2.78% 3,751,908 $871.4M Reduce -2.4%
MSFT Microsoft Corp. 2.53% 1,841,926 $792.5M Reduce -51.0%
VOO Vanguard S&P 500 ETF 2.23% 1,321,840 $697.5M Reduce -47.3%
DFAT Dimensional US Target Value 2.17% 12,223,851 $680.0M New
BSVO EA Bridgeway Omni Sm-Cp Val 2.12% 30,106,232 $665.0M New
DFUV Dimensional US Marketwide Va 1.92% 14,388,727 $599.9M Add +60071.2%
ITOT iShares Core S&P Total U.S. 1.67% 4,169,128 $523.7M Add +723.5%
DFUS Dimensional US Eq MKT ETF 1.64% 8,269,247 $514.3M Add +12596.9%
DFIV Dimensional International Va 1.37% 11,252,710 $428.5M New
AMZN Amazon.com Inc. 1.36% 2,354,646 $425.7M Reduce -23.1%
VGIT Vanguard Intermediate-Term T 1.35% 7,010,913 $423.6M New
IXUS iShares Core Intl Stock ETF 1.35% 5,829,705 $423.4M Add +4.6%
VTI VG Morningstar TS MKT ETF-US 1.21% 1,342,575 $380.2M Add +19.8%
SPY SS SPDR S&P 500 ETF Trust-US 1.06% 579,787 $331.6M Reduce -16.4%
JPM JPMorgan Chase & Co. 1.02% 1,509,936 $318.4M Reduce -12.7%
NVDA Nvidia Corp. 1.01% 2,593,665 $315.0M Add +40.4%
DFAX Dimensional World Ex US Core 0.96% 11,114,024 $300.2M New
QUS SS SPDR MSCI U Stratfact ETF 0.90% 1,787,424 $281.6M Reduce -0.0%
GOOG Alphabet Inc. Class C 0.87% 1,626,040 $271.9M Reduce -34.0%
GOOGL Alphabet Inc. Class A 0.78% 1,478,300 $245.2M Add +11.9%
XLK SS Technology Select Sector 0.77% 1,065,702 $240.3M Reduce -1.4%
IWB iShares Russell 1000 ETF 0.76% 753,274 $236.8M Reduce -54.6%
BRK.B Berkshire Hathaway Inc. Class B 0.73% 501,436 $227.9M Reduce -18.6%
ALL Allstate Corp. 0.72% 1,209,236 $225.4M Add +13551.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.65% 533,235 $204.6M Add +215.5%
IVV iShares Core S&P 500 ETF 0.65% 352,403 $203.3M Reduce -61.2%
AVDV Avantis Intl S/C Value ETF 0.65% 2,872,131 $203.0M New
WMT Walmart Inc. 0.64% 2,467,906 $199.3M Reduce -35.8%
PG The Procter & Gamble Co. 0.63% 1,133,757 $196.4M Reduce -57.1%
FRDM Freedom 100 Emeging MRKT ETF 0.61% 824,458 $192.1M New
IEFA iShares Core MSCI Eafe ETF 0.58% 2,309,227 $180.2M Add +108.7%
IDEV iShares Core MSCI Dev MKTS 0.57% 2,510,210 $177.8M New
DFAS Dimensional US Small Cap ETF 0.57% 2,733,406 $177.3M Add +61910.1%
PEP Pepsico Inc. 0.54% 989,951 $168.3M Reduce -56.2%
CVX Chevron Corp. 0.53% 1,136,834 $167.4M Reduce -44.3%
AVUV Avantis US Small Cap Value 0.53% 1,743,408 $167.3M New
AL Sumisho Air Lease Corp. filed as AIR LEASE CORP 0.53% 987,678 $165.1M New
VIG Vanguard Dividend Apprec ETF 0.52% 854,032 $161.4M Reduce -34.3%
XOM Exxon Mobil Corp. 0.50% 1,341,505 $157.2M Reduce -16.5%
UNH Unitedhealth Group Inc. 0.47% 453,158 $146.8M Add +135.8%
MA Mastercard Inc. Class A 0.47% 295,130 $145.7M Reduce -50.2%
JNJ Johnson & Johnson 0.46% 894,459 $145.0M Reduce -43.4%
LIT Global X Lithium & Battery T 0.46% 297,367 $143.8M Add +3462.1%
HD Home Depot Inc. 0.45% 350,407 $141.9M Reduce -44.4%
VEA Vanguard Ftse Developed ETF 0.45% 2,684,967 $141.8M Reduce -41.0%
TMO Thermo Fisher Scientific Inc. 0.43% 215,692 $133.4M Reduce -46.4%
DFEM Dimensional Emrg MRKT Core 0.42% 4,678,596 $131.7M New
META Meta Platforms Inc. Class A 0.41% 227,470 $129.8M Reduce -25.9%
RSP Invesco S&P 500 Equal Weight 0.41% 720,908 $129.2M Reduce -8.4%
DFSD Dimensional Short Duration 0.41% 2,690,819 $128.5M New
BSV Vanguard Short-Term Bond ETF 0.40% 1,601,893 $126.1M Add +3583.2%
VXF Vanguard Extended Market ETF 0.40% 686,635 $125.0M Reduce -46.3%
XLV SS Health Care Select Sector 0.39% 801,874 $123.5M Add +1.2%
QCOM Qualcomm Inc. 0.39% 726,193 $123.5M Reduce -27.6%
VTIP Vanguard Short-Term Tips 0.39% 2,487,589 $122.7M Add +870.8%
IWV iShares Russell 3000 ETF 0.39% 373,497 $122.0M Reduce -38.5%
VWO Vanguard Ftse Emerging Marke 0.38% 2,514,608 $120.3M Reduce -29.2%
MCD McDonald's Corp. 0.38% 392,929 $119.7M Reduce -30.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.38% 2,758,825 $117.6M Add +29.9%
MRK Merck & Co. Inc. 0.37% 1,010,443 $114.7M Add +17.4%
CHCT Community Healthcare Trust I 0.35% 193,226 $110.6M Reduce -62.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.34% 408,034 $107.4M Reduce -46.3%
BSX Boston Scientific Corp. 0.34% 147,882 $105.7M Reduce -75.6%
DISV Dimensional International SM 0.34% 3,616,396 $105.1M Add +31371.5%
COST Costco Wholesale Corp. 0.34% 118,579 $105.0M Reduce -33.6%
IWF iShares Russell 1000 Growth 0.33% 276,363 $103.7M Reduce -79.6%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.33% 513,218 $103.0M Add +1.2%
HON Honeywell International Inc. 0.31% 469,394 $97.0M Reduce -60.0%
IEMG iShares Core MSCI Emerging 0.31% 1,677,732 $96.3M Add +196.3%
CAT Caterpillar Inc. 0.30% 240,827 $94.2M Reduce -40.6%
HYD Vaneck High Yield Muni ETF 0.29% 1,739,418 $92.3M Add +1.4%
CSCO Cisco Systems Inc. 0.29% 1,718,809 $92.0M Reduce -3.8%
VTV Vanguard Mrngstr Val ETF-Aui 0.29% 515,991 $90.1M Reduce -34.3%
SO The Southern Co. 0.29% 998,244 $90.0M Reduce -57.1%
INTU Intuit Inc. 0.28% 143,715 $89.2M Reduce -48.8%
AVGO Broadcom Inc. 0.28% 503,527 $86.8M Add +17.0%
NEE Nextera Energy Inc. 0.27% 716,527 $85.9M Add +54.8%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.27% 323,936 $85.0M Reduce -1.0%
ABBV Abbvie Inc. 0.27% 430,409 $84.9M Add +21.6%
SPGI S&P Global Inc. 0.27% 163,022 $84.2M Reduce -32.2%
SBUX Starbucks Corp. 0.27% 856,978 $83.5M Reduce -55.1%
IWM iShares Russell 2000 ETF 0.26% 372,305 $82.2M Reduce -28.4%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.25% 51,181 $79.5M Add +135.0%
DUHP Dimensional US High Profi Et 0.25% 2,324,624 $79.2M New
IEI iShares 3-7 Year Treasury Bo 0.25% 648,224 $77.5M Add +78.6%
FLBL Franklin Senior Loan ETF 0.24% 362,927 $76.5M New
DFGR Dim Global Real Estate ETF 0.24% 2,639,064 $76.2M New
PANW Palo Alto Networks Inc. 0.24% 222,517 $76.1M Add +4.7%
SCZ iShares MSCI Eafe Small-Cap 0.24% 1,122,940 $76.0M Reduce -14.6%
KMI Kinder Morgan Inc. 0.24% 3,372,917 $74.5M Add +61.3%
AGG iShares Core U.S. Aggregate 0.24% 727,971 $73.7M Reduce -49.7%
DUK Duke Energy Corp. 0.23% 633,212 $73.0M Add +54.3%
V Visa Inc. Class A 0.23% 361,680 $71.2M Add +50.3%
QQQ Invesco QQQ Trust Series 1 0.23% 146,691 $70.9M Reduce -57.5%
DFNM Dimensional National Muni BD 0.23% 1,459,020 $70.8M New
ROP Roper Technologies Inc. 0.22% 126,215 $70.2M Reduce -39.0%
DIHP Dimensional International Hi 0.22% 2,436,949 $67.5M New
ACN Accenture PLC Class A 0.21% 263,268 $67.3M Reduce -35.1%
LOW Lowe's Cos Inc. 0.21% 246,482 $66.7M Reduce -42.5%

Show all 1,550 holdings

Options reported separately and not counted above: NVIDIA CORPORATION puts ($13.7M), VANGUARD INDEX FDS puts ($12.7M), JPMORGAN CHASE & CO puts ($6.3M), APPLE INC puts ($4.2M), BROADCOM INC puts ($2.6M), AMZN puts ($2.5M), MICROSOFT CORP puts ($2.5M), KKR & CO INC puts ($2.3M), STATE STR SPDR S&P 500 ETF T puts ($1.1M), ABBVIE INC puts ($1.1M), ELI LILLY & CO puts ($797K), ALPHABET INC puts ($769K), and 3 more.

Other holdings (2): bonds, preferreds, convertibles and warrants · $25.1M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 19,116$24.4MAdd +0.8%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 3,050$673KReduce -80.8%

Total filed on the 13F, all lines: $31.3B.

Portfolio Sells Q2 2024 → Q3 2024
MSFT Microsoft Corp. Reduce -51.0% 2.53% −3.13
VOO Vanguard S&P 500 ETF Reduce -47.3% 2.23% −2.00
IWF iShares Russell 1000 Growth Reduce -79.6% 0.33% −1.33
IVV iShares Core S&P 500 ETF Reduce -61.2% 0.65% −1.02
IWB iShares Russell 1000 ETF Reduce -54.6% 0.76% −0.91
PG The Procter & Gamble Co. Reduce -57.1% 0.63% −0.84
BRK.A Berkshire Hathaway Inc. Class A Reduce -64.0% 0.06% −0.82
PEP Pepsico Inc. Reduce -56.2% 0.54% −0.72
GOOG Alphabet Inc. Class C Reduce -34.0% 0.87% −0.65
AMZN Amazon.com Inc. Reduce -23.1% 1.36% −0.63
CVX Chevron Corp. Reduce -44.3% 0.53% −0.54
DLN Wisdomtree US Largecap Divid Reduce -99.1% 0.00% −0.53
HON Honeywell International Inc. Reduce -60.0% 0.31% −0.53
SHY iShares 1-3 Year Treasury Bo Reduce -74.2% 0.14% −0.43
FICO Fair Isaac Corp. Reduce -67.0% 0.06% −0.42
MA Mastercard Inc. Class A Reduce -50.2% 0.47% −0.42
IJR iShares Core S&P Small-Cap E Reduce -73.2% 0.15% −0.39
IVW iShares S&P 500 Growth ETF Reduce -71.3% 0.15% −0.37
IJH iShares Core S&P Midcap ETF Reduce -77.8% 0.11% −0.37
IEF iShares 7-10 Year Treasury B Reduce -98.7% 0.00% −0.36
INTU Intuit Inc. Reduce -48.8% 0.28% −0.34
QQQ Invesco QQQ Trust Series 1 Reduce -57.5% 0.23% −0.33
VXF Vanguard Extended Market ETF Reduce -46.3% 0.40% −0.33
UPS United Parcel Service Class B Reduce -65.1% 0.16% −0.32
TMO Thermo Fisher Scientific Inc. Reduce -46.4% 0.43% −0.32
SO The Southern Co. Reduce -57.1% 0.29% −0.32
JNJ Johnson & Johnson Reduce -43.4% 0.46% −0.32
LRCX Lam Research Corp. Reduce -74.2% 0.07% −0.31
IWD iShares Russell 1000 Value E Reduce -76.8% 0.10% −0.31
VEA Vanguard Ftse Developed ETF Reduce -41.0% 0.45% −0.30
BND Vanguard Total Bond Market Reduce -75.7% 0.09% −0.30
IXC iShares Global Energy ETF Reduce -87.9% 0.04% −0.30
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -46.3% 0.34% −0.30
DVY iShares Select Dividend ETF Reduce -94.2% 0.02% −0.30
TJX TJX Companies Inc. Reduce -60.9% 0.19% −0.29
VIG Vanguard Dividend Apprec ETF Reduce -34.3% 0.52% −0.28
QCOM Qualcomm Inc. Reduce -27.6% 0.39% −0.28
HD Home Depot Inc. Reduce -44.4% 0.45% −0.28
VOOG Vanguard S&P 500 Growth ETF Reduce -98.0% 0.01% −0.26
IWP iShares Russell Mid-Cap Grow Reduce -92.3% 0.02% −0.26
IWV iShares Russell 3000 ETF Reduce -38.5% 0.39% −0.24
WMT Walmart Inc. Reduce -35.8% 0.64% −0.24
AGG iShares Core U.S. Aggregate Reduce -49.7% 0.24% −0.24
DIS The Walt Disney Co. Reduce -53.4% 0.18% −0.24
SBUX Starbucks Corp. Reduce -55.1% 0.27% −0.23
IVE iShares S&P 500 Value ETF Reduce -58.9% 0.17% −0.23
USMV iShares MSCI USA Min Vol Fac Reduce -71.9% 0.09% −0.22
NVO Novo-Nordisk A/S-Spons ADR Reduce -40.3% 0.19% −0.21
SPY SS SPDR S&P 500 ETF Trust-US Reduce -16.4% 1.06% −0.21
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -99.1% 0.00% −0.21

Portfolio Buys Q2 2024 → Q3 2024
DFAC Dimensional US Core Equity 2 Add +5857.8% 4.24% +4.17
DFAT Dimensional US Target Value New 2.17% +2.17
BSVO EA Bridgeway Omni Sm-Cp Val New 2.12% +2.12
DFUV Dimensional US Marketwide Va Add +60071.2% 1.92% +1.91
DFUS Dimensional US Eq MKT ETF Add +12596.9% 1.64% +1.63
ITOT iShares Core S&P Total U.S. Add +723.5% 1.67% +1.47
DFIV Dimensional International Va New 1.37% +1.37
VGIT Vanguard Intermediate-Term T New 1.35% +1.35
DFAX Dimensional World Ex US Core New 0.96% +0.96
ALL Allstate Corp. Add +13551.3% 0.72% +0.71
AVDV Avantis Intl S/C Value ETF New 0.65% +0.65
FRDM Freedom 100 Emeging MRKT ETF New 0.61% +0.61
IDEV iShares Core MSCI Dev MKTS New 0.57% +0.57
DFAS Dimensional US Small Cap ETF Add +61910.1% 0.57% +0.57
AVUV Avantis US Small Cap Value New 0.53% +0.53
AL Sumisho Air Lease Corp. New 0.53% +0.53
LIT Global X Lithium & Battery T Add +3462.1% 0.46% +0.46
VUG Vanguard Mrngstar GR ETF-Sui Add +215.5% 0.65% +0.44
DFEM Dimensional Emrg MRKT Core New 0.42% +0.42
DFSD Dimensional Short Duration New 0.41% +0.41
BSV Vanguard Short-Term Bond ETF Add +3583.2% 0.40% +0.39
VTIP Vanguard Short-Term Tips Add +870.8% 0.39% +0.35
DISV Dimensional International SM Add +31371.5% 0.34% +0.33
IEFA iShares Core MSCI Eafe ETF Add +108.7% 0.58% +0.30
AVGO Broadcom Inc. Add +17.0% 0.28% +0.25
DUHP Dimensional US High Profi Et New 0.25% +0.25
TTD Trade Desk Inc./the Class A Add +135.0% 0.25% +0.25
FLBL Franklin Senior Loan ETF New 0.24% +0.24
DFGR Dim Global Real Estate ETF New 0.24% +0.24
NVDA Nvidia Corp. Add +40.4% 1.01% +0.24
DFNM Dimensional National Muni BD New 0.23% +0.23
DIHP Dimensional International Hi New 0.22% +0.22
DFAU Dimensional US Core Equity M New 0.21% +0.21
HEFA Isha Curr Hedged MSCI Eafe New 0.21% +0.21
IEMG iShares Core MSCI Emerging Add +196.3% 0.31% +0.21
VTI VG Morningstar TS MKT ETF-US Add +19.8% 1.21% +0.20
DFIC Dimensional International Co. New 0.18% +0.18
DFSV Dimensional US Small Cap Val New 0.18% +0.18
UYLD Angel Oak Ultrashort Income New 0.17% +0.17
AKAM Akamai Technologies Inc. Add +1903.2% 0.18% +0.17
NEE Nextera Energy Inc. Add +54.8% 0.27% +0.16
DFAI Dimensional International Co. New 0.16% +0.16
VTHR Vanguard Russell 3000 Add +1062.2% 0.17% +0.16
EFV iShares MSCI Eafe Value ETF Add +346.5% 0.18% +0.14
TSLA Tesla Inc. Add +259.4% 0.18% +0.14
ICSH iShares Ultra Short Duration New 0.14% +0.14
UNH Unitedhealth Group Inc. Add +135.8% 0.47% +0.14
SHYG iShares 0-5 YR HY Corp. Bond Add +2629.5% 0.14% +0.14
IXJ iShares Global Healthcare Et New 0.14% +0.14
FFIV F5 Inc. New 0.14% +0.14

Options Activity Q2 2024 → Q3 2024
NVIDIA CORPORATION put New 112,900 $13.7M
VANGUARD INDEX FDS put New 44,700 $12.7M
JPMORGAN CHASE & CO put New 30,000 $6.3M
APPLE INC put New 17,900 $4.2M
BROADCOM INC put New 15,000 $2.6M
AMZN Amazon.com Inc. put New 13,200 $2.5M
MICROSOFT CORP put New 5,700 $2.5M
KKR & CO INC put New 17,600 $2.3M
STATE STR SPDR S&P 500 ETF T put New 1,900 $1.1M
ABBVIE INC put New 5,500 $1.1M
ELI LILLY & CO put New 900 $797K
ALPHABET INC put New 4,600 $769K
THERMO FISHER SCIENTIFIC INC put New 1,000 $619K
SELECT SECTOR SPDR TR put New 5,700 $500K
AXON ENTERPRISE INC put New 900 $360K

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

Notes & Other Activity Q2 2024 → Q3 2024
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Add +0.8% 19,116 $24.4M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Reduce -80.8% 3,050 $673K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2,753$97.5BAAPL, NVDA, XLK, MSFT, DFAC
Q1 2026 2,633$89.8BAAPL, NVDA, MSFT, XLK, DFAC
Q4 2025 2,640$87.7BAAPL, MSFT, NVDA, XLK, DFAC
Q3 2025 2,195$61.9BXLK, AAPL, DFAC, VOO, MSFT
Q2 2025 2,025$46.1BDFAC, MSFT, AAPL, AMZN, VOO
Q1 2025Amended 1,890$39.8BDFAC, AAPL, MSFT, AMZN, VOO
Q4 2024Amended 1,845$38.4BAAPL, DFAC, MSFT, AMZN, VOO
Q3 2024 1,550$31.3BDFAC, AAPL, MSFT, VOO, DFAT
Q2 2024 1,235$29.7BMSFT, VOO, AAPL, AMZN, IVV
Q1 2024 981$12.3BMSFT, VOO, IXUS, AAPL, BRK.A