Hofer & Associates. Inc

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 15, 2026), Hofer & Associates. Inc reported 66 stock positions worth $188.7 million. Its top holding was SS SPDR P S&P 500 Growth ETF (SPYG) at 11.6% of the portfolio, followed by SS SPDR BB 1-3M T-Bill ETF (BIL, 9.4%) and SS SPDR P S&P 500 Value ETF (SPYV, 6.5%). Compared with Q3 2025, it opened 6 new positions, added to 47 and reduced 6. The biggest buy was Amgen (AMGN, shares +111%) and the biggest sale Nvidia (NVDA, shares −0%).

Most Recent 13F
Q2 2026
Location
THOUSAND OAKS, CA
CIK
0001958491
Portfolio Value
$188.7M (Q4 2025)
SEC Filing
0001754960-26-000069 ↗ filed Jan 15, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $118.8M Q1 2024 Q2 2024: $129.0M Q2 2024 Q3 2024: $145.0M Q3 2024 Q4 2024: $149.0M Q4 2024 Q1 2025: $147.3M Q1 2025 Q2 2025: $160.3M Q2 2025 Q3 2025: $174.6M Q3 2025 Q4 2025: $188.7M $188.7M Q4 2025 Q1 2026: $186.1M Q1 2026 Q2 2026: $206.9M Q2 2026

Holdings 66 stocks · $188.7M
SPYG SS SPDR P S&P 500 Growth ETF 11.59% 205,058 $21.9M Add +0.3%
BIL SS SPDR BB 1-3M T-Bill ETF 9.43% 194,708 $17.8M Add +2.3%
SPYV SS SPDR P S&P 500 Value ETF 6.54% 217,336 $12.3M Add +3.3%
VUG Vanguard Mrngstar GR ETF-Sui 5.88% 22,758 $11.1M Add +1.6%
AMGN Amgen Inc. 4.71% 27,140 $8.9M Add +111.4%
VCRB Vanguard Core Bond ETF 3.77% 91,391 $7.1M Add +6.0%
STOT SS DL St Dur TR Tact ETF 3.75% 149,814 $7.1M Add +4.6%
VIG Vanguard Dividend Apprec ETF 3.45% 29,626 $6.5M Add +3.1%
AAPL Apple Inc. 3.29% 22,827 $6.2M Add +0.2%
VYM Vanguard High DVD Yield ETF 3.13% 41,102 $5.9M Add +2.7%
NVDA Nvidia Corp. 2.91% 29,487 $5.5M Reduce -0.5%
BRK.B Berkshire Hathaway Inc. Class B 2.82% 10,607 $5.3M Add +4.5%
SPSM SS SPDR P S&P 600 Small Cap 2.78% 111,889 $5.2M Add +3.1%
SCHD Schwab US DVD Equity ETF 2.74% 188,626 $5.2M Add +3.7%
VO Vngrd Mrngstr MD-Cap ETF-Usd 2.47% 16,050 $4.7M Add +3.5%
IEFA iShares Core MSCI Eafe ETF 2.38% 50,132 $4.5M Add +2.5%
EFG iShares MSCI Eafe Growth ETF 2.32% 38,503 $4.4M Add +3.8%
IWP iShares Russell Mid-Cap Grow 2.26% 31,136 $4.3M Add +2.6%
VCIT Vanguard Int-Term Corporate 2.21% 49,887 $4.2M Add +6.0%
SRLN SS Blackstone Sr Loan ETF 1.93% 88,201 $3.6M Add +4.9%
SPIB SS SPDR P Int C Corp. ETF 1.90% 106,143 $3.6M Add +4.3%
MSFT Microsoft Corp. 1.64% 6,407 $3.1M Add +2.0%
SPYM Ste STR SPDR PT S&P 500 ETF 1.54% 36,151 $2.9M Add +20.6%
AMZN Amazon.com Inc. 1.49% 12,221 $2.8M Add +0.1%
SHYG iShares 0-5 YR HY Corp. Bond 1.13% 49,562 $2.1M Add +6.9%
JPM JPMorgan Chase & Co. 0.98% 5,743 $1.9M Add +9.1%
SPEM State Street SP PTF Em ETF 0.95% 38,116 $1.8M Add +4.4%
AVGO Broadcom Inc. 0.77% 4,202 $1.5M Reduce -0.9%
ELV Elevance Health Inc. 0.69% 3,736 $1.3M Add +0.1%
WMT Walmart Inc. 0.69% 11,730 $1.3M Add +11.2%
COST Costco Wholesale Corp. 0.65% 1,419 $1.2M Add +0.6%
META Meta Platforms Inc. Class A 0.63% 1,815 $1.2M Add +101.9%
SBUX Starbucks Corp. 0.52% 11,765 $991K Add +16.5%
ABBV Abbvie Inc. 0.38% 3,160 $722K Add +0.8%
IVV iShares Core S&P 500 ETF 0.36% 980 $671K Add +0.1%
COWZ Pacer US Cash Cows 100 ETF 0.33% 10,474 $630K Add +1.7%
V Visa Inc. Class A 0.30% 1,588 $557K Add +0.1%
GOOG Alphabet Inc. Class C 0.28% 1,700 $533K No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.27% 4,334 $503K Add +1.2%
BX Blackstone Inc. 0.25% 3,040 $469K No change
ADP Automatic Data Processing 0.25% 1,813 $466K Add +0.3%
CSCO Cisco Systems Inc. 0.23% 5,555 $428K Add +34.3%
RDVY First Trust Rising Dividend 0.22% 6,074 $422K Add +5.1%
IGIB iShares 5-10Y Inv Grade Corp. 0.18% 6,155 $332K Reduce -1.6%
GOOGL Alphabet Inc. Class A 0.18% 1,056 $331K Reduce -2.3%
VOO Vanguard S&P 500 ETF 0.17% 513 $322K No change
HCA HCA Healthcare Inc. 0.16% 660 $308K New
CVX Chevron Corp. 0.15% 1,912 $291K Add +7.7%
PEP Pepsico Inc. 0.15% 1,943 $279K Add +0.4%
ABT Abbott Laboratories 0.15% 2,199 $275K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.14% 4,975 $274K Add +4.3%
MCD McDonald's Corp. 0.14% 876 $268K Add +2.2%
UNH Unitedhealth Group Inc. 0.14% 789 $261K Add +27.1%
MA Mastercard Inc. Class A 0.14% 454 $259K Add +1.8%
PFXF Vaneck Pref Sec X-Financials 0.14% 14,676 $259K Add +3.5%
AXP American Express Co. 0.14% 694 $257K No change
BILS SS Spdrb B 3-12M T-Bill ETF 0.13% 2,534 $251K No change
GCOW Pacer Global Cash Cows Divid 0.13% 5,998 $247K Add +3.7%
JNJ Johnson & Johnson 0.13% 1,190 $246K No change
PGR Progressive Corp. 0.13% 1,070 $244K New
GILD Gilead Sciences Inc. 0.12% 1,903 $234K New
MMI Marcus & Millichap Inc. 0.12% 8,344 $228K Reduce -14.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.11% 1,887 $215K New
GLDM SPDR Gold Minishares Trust 0.11% 2,489 $212K New
HD Home Depot Inc. 0.11% 616 $212K New
TSLA Tesla Inc. 0.11% 457 $206K Reduce -13.6%

Portfolio Sells Q3 2025 → Q4 2025
NVDA Nvidia Corp. Reduce -0.5% 2.91% −0.25
MMI Marcus & Millichap Inc. Reduce -14.0% 0.12% −0.04
AVGO Broadcom Inc. Reduce -0.9% 0.77% −0.03
TSLA Tesla Inc. Reduce -13.6% 0.11% −0.03
IGIB iShares 5-10Y Inv Grade Corp. Reduce -1.6% 0.18% −0.02
GOOGL Alphabet Inc. Class A Reduce -2.3% 0.18% +0.02

Portfolio Buys Q3 2025 → Q4 2025
AMGN Amgen Inc. Add +111.4% 4.71% +2.63
META Meta Platforms Inc. Class A Add +101.9% 0.63% +0.26
SPYM Ste STR SPDR PT S&P 500 ETF Add +20.6% 1.54% +0.19
HCA HCA Healthcare Inc. New 0.16% +0.16
PGR Progressive Corp. New 0.13% +0.13
GILD Gilead Sciences Inc. New 0.12% +0.12
DIS The Walt Disney Co. New 0.11% +0.11
GLDM SPDR Gold Minishares Trust New 0.11% +0.11
HD Home Depot Inc. New 0.11% +0.11
WMT Walmart Inc. Add +11.2% 0.69% +0.07
CSCO Cisco Systems Inc. Add +34.3% 0.23% +0.06
SBUX Starbucks Corp. Add +16.5% 0.52% +0.04
JPM JPMorgan Chase & Co. Add +9.1% 0.98% +0.03
UNH Unitedhealth Group Inc. Add +27.1% 0.14% +0.02
BAC Bank of America Corp. Add +4.3% 0.14% +0.00
ELV Elevance Health Inc. Add +0.1% 0.69% +0.00
RDVY First Trust Rising Dividend Add +5.1% 0.22% +0.00
GCOW Pacer Global Cash Cows Divid Add +3.7% 0.13% −0.00
BNY Bank of New York Mellon Corp. Add +1.2% 0.27% −0.00
CVX Chevron Corp. Add +7.7% 0.15% −0.00
COWZ Pacer US Cash Cows 100 ETF Add +1.7% 0.33% −0.01
PFXF Vaneck Pref Sec X-Financials Add +3.5% 0.14% −0.01
MCD McDonald's Corp. Add +2.2% 0.14% −0.01
MA Mastercard Inc. Class A Add +1.8% 0.14% −0.01
PEP Pepsico Inc. Add +0.4% 0.15% −0.01
V Visa Inc. Class A Add +0.1% 0.30% −0.02
IVV iShares Core S&P 500 ETF Add +0.1% 0.36% −0.02
SHYG iShares 0-5 YR HY Corp. Bond Add +6.9% 1.13% −0.02
ABBV Abbvie Inc. Add +0.8% 0.38% −0.03
SPEM State Street SP PTF Em ETF Add +4.4% 0.95% −0.03
AAPL Apple Inc. Add +0.2% 3.29% −0.03
AMZN Amazon.com Inc. Add +0.1% 1.49% −0.04
VCIT Vanguard Int-Term Corporate Add +6.0% 2.21% −0.05
ADP Automatic Data Processing Add +0.3% 0.25% −0.06
IEFA iShares Core MSCI Eafe ETF Add +2.5% 2.38% −0.07
SRLN SS Blackstone Sr Loan ETF Add +4.9% 1.93% −0.07
SPIB SS SPDR P Int C Corp. ETF Add +4.3% 1.90% −0.07
EFG iShares MSCI Eafe Growth ETF Add +3.8% 2.32% −0.10
BRK.B Berkshire Hathaway Inc. Class B Add +4.5% 2.82% −0.10
COST Costco Wholesale Corp. Add +0.6% 0.65% −0.10
VCRB Vanguard Core Bond ETF Add +6.0% 3.77% −0.10
SPSM SS SPDR P S&P 600 Small Cap Add +3.1% 2.78% −0.10
VIG Vanguard Dividend Apprec ETF Add +3.1% 3.45% −0.10
SCHD Schwab US DVD Equity ETF Add +3.7% 2.74% −0.10
VYM Vanguard High DVD Yield ETF Add +2.7% 3.13% −0.10
SPYV SS SPDR P S&P 500 Value ETF Add +3.3% 6.54% −0.13
STOT SS DL St Dur TR Tact ETF Add +4.6% 3.75% −0.13
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +3.5% 2.47% −0.14
IWP iShares Russell Mid-Cap Grow Add +2.6% 2.26% −0.22
MSFT Microsoft Corp. Add +2.0% 1.64% −0.22

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 70$206.9MSPYG, BIL, SPYV, VUG, AMGN
Q1 2026 64$186.1MSPYG, BIL, SPYV, VUG, AMGN
Q4 2025 66$188.7MSPYG, BIL, SPYV, VUG, AMGN
Q3 2025 60$174.6MSPYG, BIL, SPYV, VUG, STOT
Q2 2025 55$160.3MSPYG, BIL, SPYV, VUG, STOT
Q1 2025 57$147.3MSPYG, BIL, SPYV, VUG, STOT
Q4 2024 60$149.0MSPYG, BIL, SPYV, VUG, STOT
Q3 2024 60$145.0MSPYG, BIL, SPYV, VUG, STOT
Q2 2024 56$129.0MSPYG, SPYV, VUG, STOT, BRK.B
Q1 2024 55$118.8MSPYG, SPYV, VUG, STOT, SCHD