Gould Asset Management LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 28, 2025), Gould Asset Management LLC reported 169 stock positions worth $538.5 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 27.2% of the portfolio, followed by Vanguard Short-Term Treasury (VGSH, 6.2%) and iShares 0-5 Year Tips Bond E (STIP, 5.8%). Compared with Q2 2025, it opened 8 new positions, sold out of 4, added to 90 and reduced 39. The biggest buy was a new position in SS SPDR BB Intl Treasury BD (BWX) and the biggest sale iShares 0-5 Year Tips Bond E (STIP, shares −16%).
- Most Recent 13F
- Q2 2026
- Location
- CLAREMONT, CA
- CIK
- 0001091961
- Portfolio Value
- $538.5M (Q3 2025)
- SEC Filing
- 0001437749-25-031920 ↗ filed Oct 28, 2025
Holdings Value
Holdings 169 stocks · $538.5M
| SPY SS SPDR S&P 500 ETF Trust-US | 27.18% | 219,710 | $146.4M | Reduce -3.9% |
| VGSH Vanguard Short-Term Treasury | 6.25% | 571,558 | $33.6M | Add +3.2% |
| STIP iShares 0-5 Year Tips Bond E | 5.78% | 300,998 | $31.1M | Reduce -16.4% |
| TLT iShares 20+ Year Treasury BD | 4.24% | 255,382 | $22.8M | Reduce -7.5% |
| VCSH Vanguard S/T Corp. Bond ETF | 3.30% | 222,069 | $17.8M | Add +2.6% |
| BAB Invesco Taxable Municipal Bo | 3.12% | 616,436 | $16.8M | Add +2.7% |
| IVV iShares Core S&P 500 ETF | 2.83% | 22,790 | $15.3M | Add +0.7% |
| GLDM SPDR Gold Minishares Trust | 2.78% | 196,091 | $15.0M | Reduce -16.9% |
| VNQ Vanguard Real Estate ETF | 2.74% | 161,662 | $14.8M | Add +3.9% |
| BWX SS SPDR BB Intl Treasury BD | 2.38% | 557,405 | $12.8M | New |
| VEA Vanguard Ftse Developed ETF | 2.10% | 188,835 | $11.3M | Add +3.9% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 1.86% | 183,066 | $10.0M | Add +5.5% |
| AAPL Apple Inc. | 1.86% | 39,420 | $10.0M | Add +3.6% |
| BOND PIMCO Active Bond Exchange-T | 1.84% | 106,382 | $9.9M | Add +1.5% |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | 1.80% | 255,701 | $9.7M | Add +15.3% |
| VXF Vanguard Extended Market ETF | 1.44% | 37,144 | $7.8M | Reduce -0.9% |
| DFAX Dimensional World Ex US Core | 1.11% | 190,916 | $6.0M | Add +4.2% |
| VTIP Vanguard Short-Term Tips | 0.90% | 95,352 | $4.8M | Reduce -20.7% |
| EFA iShares MSCI Eafe ETF | 0.88% | 50,835 | $4.7M | Add +1.4% |
| SHV iShares 0-1 Year Treasury Bo | 0.86% | 41,951 | $4.6M | Add +3.2% |
| ESGV Vanguard ESG US Stock ETF | 0.84% | 38,280 | $4.5M | Add +2.4% |
| MSFT Microsoft Corp. | 0.71% | 7,394 | $3.8M | Add +2.7% |
| IAU iShares Gold Trust | 0.62% | 45,590 | $3.3M | Reduce -4.5% |
| ESGD iShares Trust iShares ESG Aw | 0.57% | 32,858 | $3.1M | Add +3.8% |
| VMBS Vanguard Mortgage-Backed Sec | 0.51% | 59,020 | $2.8M | Add +2.0% |
| CMF iShares California Muni Bond | 0.46% | 43,470 | $2.5M | Add +1.4% |
| USXF iShares ESG Advance MSCI USA | 0.45% | 42,725 | $2.4M | No change |
| BND Vanguard Total Bond Market | 0.45% | 32,634 | $2.4M | Reduce -15.9% |
| SPSB SS SPDR P St C Corp. ETF | 0.45% | 79,329 | $2.4M | Reduce -0.4% |
| VSGX Vanguard ESG Intl Stock ETF | 0.44% | 34,249 | $2.4M | Add +5.0% |
| AVGO Broadcom Inc. | 0.42% | 6,835 | $2.3M | Add +2.2% |
| CRBN Ish Low Car Opt Ms Ac ETF-US | 0.40% | 9,520 | $2.2M | Reduce -2.7% |
| IBTH iShares Ibonds Dec 2027 Term | 0.40% | 94,610 | $2.1M | Add +1.4% |
| IDV iShares International Select | 0.40% | 58,275 | $2.1M | Reduce -1.6% |
| XVV iShares ESG Select Screened | 0.39% | 41,043 | $2.1M | Add +3.5% |
| GLD SPDR Gold Shares | 0.39% | 5,934 | $2.1M | Reduce -8.1% |
| IBTG iShares Ibonds Dec 2026 Term | 0.39% | 91,733 | $2.1M | Add +1.4% |
| IBTF iShares Ibonds Dec 2025 Term | 0.38% | 87,102 | $2.0M | Reduce -5.1% |
| MDY State Street SPDR S&P Midcap | 0.36% | 3,286 | $2.0M | Reduce -25.8% |
| COST Costco Wholesale Corp. | 0.35% | 2,051 | $1.9M | Add +14.1% |
| DCOR Dimensional US Core Eq 1 ETF | 0.35% | 26,073 | $1.9M | Add +14.4% |
| JPM JPMorgan Chase & Co. | 0.34% | 5,888 | $1.9M | Add +3.3% |
| SUSA iShares ESG Optimized MSCI U | 0.33% | 13,073 | $1.8M | Reduce -1.8% |
| WMT Walmart Inc. | 0.32% | 16,741 | $1.7M | Add +0.5% |
| ESGU iShares ESG Aware MSCI USA | 0.31% | 11,306 | $1.6M | Reduce -0.8% |
| DMXF iShares ESG Advanc MSCI Eafe | 0.27% | 19,450 | $1.5M | No change |
| XJH Ishare ESG SS S&P Midcap ETF | 0.26% | 32,230 | $1.4M | Reduce -0.1% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.26% | 56,960 | $1.4M | Add +2.2% |
| IBDR iShares Ibonds Dec 2026 Term | 0.25% | 56,230 | $1.4M | Add +2.2% |
| HD Home Depot Inc. | 0.25% | 3,295 | $1.3M | Add +0.6% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.25% | 52,390 | $1.3M | Reduce -0.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.24% | 18,085 | $1.3M | Reduce -4.7% |
| LLY Eli Lilly & Co. | 0.22% | 1,568 | $1.2M | No change |
| VGLT Vanguard Long-Term Treasury | 0.22% | 20,750 | $1.2M | Reduce -30.0% |
| V Visa Inc. Class A | 0.22% | 3,403 | $1.2M | Add +1.2% |
| EWC iShares MSCI Canada ETF | 0.21% | 22,368 | $1.1M | Add +22.2% |
| XOM Exxon Mobil Corp. | 0.21% | 9,904 | $1.1M | Add +1.4% |
| SCHF Schwab Intl Equity ETF | 0.20% | 46,410 | $1.1M | Add +3.2% |
| PEP Pepsico Inc. | 0.20% | 7,668 | $1.1M | Add +1.8% |
| EWT iShares MSCI Taiwan ETF | 0.20% | 16,880 | $1.1M | Add +2.5% |
| META Meta Platforms Inc. Class A | 0.20% | 1,448 | $1.1M | No change |
| EWY iShares MSCI South Korea ETF | 0.19% | 13,027 | $1.0M | Add +3.2% |
| VYM Vanguard High DVD Yield ETF | 0.19% | 7,215 | $1.0M | Reduce -3.0% |
| DVY iShares Select Dividend ETF | 0.19% | 7,128 | $1.0M | Reduce -1.8% |
| VWO Vanguard Ftse Emerging Marke | 0.19% | 18,425 | $998K | Add +1.8% |
| BSX Boston Scientific Corp. | 0.18% | 10,200 | $996K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.18% | 5,274 | $984K | Reduce -7.5% |
| ORCL Oracle Corp. | 0.18% | 3,436 | $966K | Add +1.7% |
| ESGE iShares Inc. iShares ESG Awar | 0.18% | 22,239 | $966K | Reduce -0.2% |
| MA Mastercard Inc. Class A | 0.17% | 1,652 | $940K | Add +3.1% |
| DFAU Dimensional US Core Equity M | 0.17% | 20,335 | $931K | Add +2.5% |
| AMZN Amazon.com Inc. | 0.17% | 4,226 | $928K | No change |
| TIP iShares Tips Bond ETF | 0.17% | 8,262 | $919K | Add +1.1% |
| EWH iShares MSCI Hong Kong ETF | 0.16% | 40,536 | $874K | Add +2.6% |
| PGX Invesco Preferred ETF | 0.16% | 75,008 | $870K | Reduce -6.3% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.16% | 6,707 | $845K | Add +29.4% |
| VOO Vanguard S&P 500 ETF | 0.16% | 1,364 | $835K | No change |
| MUB iShares National Muni Bond E | 0.15% | 7,760 | $826K | Add +9.8% |
| EAGG iShares ESG Aware US Aggrega | 0.15% | 16,779 | $806K | Reduce -2.0% |
| MCD McDonald's Corp. | 0.15% | 2,622 | $797K | Add +1.6% |
| EWS iShares MSCI Singapore ETF | 0.15% | 27,934 | $792K | Add +1.7% |
| TRGP Targa Resources Corp. | 0.15% | 4,669 | $782K | Reduce -24.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.14% | 1,550 | $779K | Reduce -6.5% |
| CAT Caterpillar Inc. | 0.14% | 1,625 | $775K | No change |
| AMLP Alerian MLP ETF | 0.14% | 15,859 | $744K | Add +2.7% |
| SUB iShares Short-Term National | 0.13% | 6,565 | $701K | Add +4.2% |
| ENB Enbridge Inc. | 0.13% | 13,618 | $687K | Add +10.2% |
| PG The Procter & Gamble Co. | 0.13% | 4,454 | $684K | Add +2.6% |
| ABT Abbott Laboratories | 0.12% | 4,902 | $657K | Add +5.5% |
| SYK Stryker Corp. | 0.12% | 1,678 | $620K | Add +4.7% |
| ET Energy Transfer LP | 0.11% | 35,126 | $603K | Reduce -3.9% |
| OKE Oneok Inc. | 0.11% | 8,199 | $598K | Add +11.9% |
| EMXF iShares ESG Adv MSCI Em ETF | 0.11% | 13,025 | $590K | No change |
| TXN Texas Instruments Inc. | 0.11% | 3,138 | $577K | Add +5.3% |
| CSCO Cisco Systems Inc. | 0.11% | 8,307 | $568K | Add +2.0% |
| SUSB iShares ESG Aware 1-5 Year U | 0.10% | 22,225 | $563K | Reduce -3.6% |
| TRP TC Energy Corp. | 0.10% | 10,328 | $562K | Add +14.7% |
| IBMP iShares Ibonds Dec 2027 Term | 0.10% | 21,910 | $558K | Add +5.6% |
| STPZ PIMCO 1-5 Year US Tips Index | 0.10% | 10,300 | $558K | No change |
| IYR iShares US Real Estate ETF | 0.10% | 5,715 | $555K | Reduce -1.0% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $20K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CRESW Cresud Saci-CW26 | *W EXP 03/09/202 | 30,420 | $20K | No change |
Total filed on the 13F, all lines: $538.5M.
Portfolio Sells Q2 2025 → Q3 2025
| STIP iShares 0-5 Year Tips Bond E | Reduce -16.4% | 5.78% | −1.48 |
| TLT iShares 20+ Year Treasury BD | Reduce -7.5% | 4.24% | −0.54 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.9% | 27.18% | −0.49 |
| VTIP Vanguard Short-Term Tips | Reduce -20.7% | 0.90% | −0.29 |
| GLDM SPDR Gold Minishares Trust | Reduce -16.9% | 2.78% | −0.25 |
| MDY State Street SPDR S&P Midcap | Reduce -25.8% | 0.36% | −0.13 |
| BND Vanguard Total Bond Market | Reduce -15.9% | 0.45% | −0.11 |
| VGLT Vanguard Long-Term Treasury | Reduce -30.0% | 0.22% | −0.11 |
| TRGP Targa Resources Corp. | Reduce -24.4% | 0.15% | −0.07 |
| HYD Vaneck High Yield Muni ETF | Sold out | 0.00% | −0.05 |
| BRFS BRF SA-ADR | Sold out | 0.00% | −0.05 |
| PFXF Vaneck Pref Sec X-Financials | Sold out | 0.00% | −0.04 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.04 |
| IBTF iShares Ibonds Dec 2025 Term | Reduce -5.1% | 0.38% | −0.04 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -34.0% | 0.06% | −0.03 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -0.4% | 0.45% | −0.02 |
| ET Energy Transfer LP | Reduce -3.9% | 0.11% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -7.5% | 0.18% | −0.01 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -0.3% | 0.25% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -6.5% | 0.14% | −0.01 |
| PGX Invesco Preferred ETF | Reduce -6.3% | 0.16% | −0.01 |
| DIS The Walt Disney Co. | Reduce -7.3% | 0.05% | −0.01 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -4.7% | 0.24% | −0.01 |
| EAGG iShares ESG Aware US Aggrega | Reduce -2.0% | 0.15% | −0.01 |
| SUSB iShares ESG Aware 1-5 Year U | Reduce -3.6% | 0.10% | −0.01 |
| VYM Vanguard High DVD Yield ETF | Reduce -3.0% | 0.19% | −0.01 |
| CRBN Ish Low Car Opt Ms Ac ETF-US | Reduce -2.7% | 0.40% | −0.00 |
| PFE Pfizer Inc. | Reduce -6.5% | 0.07% | −0.00 |
| IDV iShares International Select | Reduce -1.6% | 0.40% | −0.00 |
| IYR iShares US Real Estate ETF | Reduce -1.0% | 0.10% | −0.00 |
| LIN Linde PLC | Reduce -1.2% | 0.07% | −0.00 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.8% | 0.04% | −0.00 |
| UNP Union Pacific Corp. | Reduce -1.3% | 0.09% | −0.00 |
| MRK Merck & Co. Inc. | Reduce -5.8% | 0.05% | −0.00 |
| SUSA iShares ESG Optimized MSCI U | Reduce -1.8% | 0.33% | −0.00 |
| DVY iShares Select Dividend ETF | Reduce -1.8% | 0.19% | −0.00 |
| XJH Ishare ESG SS S&P Midcap ETF | Reduce -0.1% | 0.26% | +0.00 |
| ESGU iShares ESG Aware MSCI USA | Reduce -0.8% | 0.31% | +0.00 |
| GLD SPDR Gold Shares | Reduce -8.1% | 0.39% | +0.01 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -0.2% | 0.18% | +0.01 |
| ABBV Abbvie Inc. | Reduce -4.8% | 0.08% | +0.01 |
| VXF Vanguard Extended Market ETF | Reduce -0.9% | 1.44% | +0.03 |
| IAU iShares Gold Trust | Reduce -4.5% | 0.62% | +0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| BWX SS SPDR BB Intl Treasury BD | New | 2.38% | +2.38 |
| AAPL Apple Inc. | Add +3.6% | 1.86% | +0.34 |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | Add +15.3% | 1.80% | +0.30 |
| SPYX SS SPDR S&P 500 Foss FL ETF | Add +5.5% | 1.86% | +0.13 |
| IVV iShares Core S&P 500 ETF | Add +0.7% | 2.83% | +0.08 |
| VEA Vanguard Ftse Developed ETF | Add +3.9% | 2.10% | +0.07 |
| DFAX Dimensional World Ex US Core | Add +4.2% | 1.11% | +0.06 |
| AVGO Broadcom Inc. | Add +2.2% | 0.42% | +0.06 |
| DCOR Dimensional US Core Eq 1 ETF | Add +14.4% | 0.35% | +0.05 |
| GOOGL Alphabet Inc. Class A | New | 0.05% | +0.05 |
| EWC iShares MSCI Canada ETF | Add +22.2% | 0.21% | +0.04 |
| COLO Global X MSCI Colombia ETF | New | 0.04% | +0.04 |
| XLK SS Technology Select Sector | New | 0.04% | +0.04 |
| GEV GE Vernova Inc. | New | 0.04% | +0.04 |
| DSI iShares ESG MSCI KLD 400 ETF | Add +29.4% | 0.16% | +0.04 |
| ESGV Vanguard ESG US Stock ETF | Add +2.4% | 0.84% | +0.04 |
| ITW Illinois Tool Works | New | 0.04% | +0.04 |
| DUK Duke Energy Corp. | New | 0.04% | +0.04 |
| TSLA Tesla Inc. | New | 0.04% | +0.04 |
| ORCL Oracle Corp. | Add +1.7% | 0.18% | +0.03 |
| VNQ Vanguard Real Estate ETF | Add +3.9% | 2.74% | +0.03 |
| CVX Chevron Corp. | Add +42.6% | 0.09% | +0.03 |
| VSGX Vanguard ESG Intl Stock ETF | Add +5.0% | 0.44% | +0.02 |
| XVV iShares ESG Select Screened | Add +3.5% | 0.39% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +3.3% | 0.34% | +0.02 |
| TRP TC Energy Corp. | Add +14.7% | 0.10% | +0.02 |
| ENB Enbridge Inc. | Add +10.2% | 0.13% | +0.02 |
| JNJ Johnson & Johnson | Add +5.1% | 0.10% | +0.02 |
| EWY iShares MSCI South Korea ETF | Add +3.2% | 0.19% | +0.02 |
| EWT iShares MSCI Taiwan ETF | Add +2.5% | 0.20% | +0.01 |
| ESGD iShares Trust iShares ESG Aw | Add +3.8% | 0.57% | +0.01 |
| HD Home Depot Inc. | Add +0.6% | 0.25% | +0.01 |
| EWW iShares MSCI Mexico ETF | Add +4.5% | 0.10% | +0.01 |
| EPD Enterprise Products Partners | Add +16.7% | 0.10% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +1.8% | 0.19% | +0.01 |
| MSFT Microsoft Corp. | Add +2.7% | 0.71% | +0.01 |
| MUB iShares National Muni Bond E | Add +9.8% | 0.15% | +0.01 |
| EWH iShares MSCI Hong Kong ETF | Add +2.6% | 0.16% | +0.01 |
| IEFA iShares Core MSCI Eafe ETF | Add +10.9% | 0.09% | +0.01 |
| DFAU Dimensional US Core Equity M | Add +2.5% | 0.17% | +0.01 |
| EZA iShares MSCI South Africa Et | Add +2.0% | 0.06% | +0.01 |
| EWS iShares MSCI Singapore ETF | Add +1.7% | 0.15% | +0.01 |
| SCHF Schwab Intl Equity ETF | Add +3.2% | 0.20% | +0.01 |
| VALE Vale SA-SP ADR | Add +7.2% | 0.05% | +0.01 |
| PEP Pepsico Inc. | Add +1.8% | 0.20% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +9.5% | 0.05% | +0.00 |
| BBD Banco Bradesco-ADR | Add +5.8% | 0.05% | +0.00 |
| PAA Plains All Amer Pipeline LP | Add +19.5% | 0.08% | +0.00 |
| BRF Vaneck Brazil Small-Cap ETF | Add +6.7% | 0.06% | +0.00 |
| COST Costco Wholesale Corp. | Add +14.1% | 0.35% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 176 | $634.8M | SPY, STIP, VGSH, TLT, VCSH |
| Q1 2026 | 171 | $575.7M | SPY, STIP, VGSH, TLT, VCSH |
| Q4 2025 | 167 | $564.2M | SPY, STIP, VGSH, TLT, VCSH |
| Q3 2025 | 169 | $538.5M | SPY, VGSH, STIP, TLT, VCSH |
| Q2 2025 | 165 | $510.5M | SPY, STIP, VGSH, TLT, VCSH |
| Q1 2025 | 160 | $484.9M | SPY, STIP, VGSH, TLT, VCSH |
| Q4 2024 | 163 | $474.9M | SPY, STIP, VGSH, TLT, VCSH |
| Q3 2024 | 163 | $466.8M | SPY, STIP, TLT, VGSH, VCSH |
| Q2 2024 | 163 | $433.5M | SPY, STIP, TLT, VGSH, IVV |
| Q1 2024 | 162 | $413.4M | SPY, TLT, VGSH, STIP, IVV |