Jacobsen Capital Management

Name: Jacobsen Capital Management 13F holdings, Q2 2025
Creator: Jacobsen Capital Management
Published: 2025-07-30

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

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), Jacobsen Capital Management reported 116 stock positions worth $271.6 million. Its top holding was Vanguard Ftse Developed ETF (VEA) at 20.7% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 16.5%) and Vanguard Mrngstr Val ETF-Aui (VTV, 12.1%). Compared with Q1 2025, it opened 22 new positions, sold out of 6, added to 77 and reduced 15. The biggest buy was Nvidia (NVDA, shares +9%) and the biggest sale Vanguard Intermediate-Term B (BIV, shares −0%).

Most Recent 13F: Q2 2026
Location: SALT LAKE CITY, UT
CIK: 0001782491
Portfolio Value: $271.6M (Q2 2025)
SEC Filing: 0001782491-25-000004 ↗ filed Jul 30, 2025

Holdings Value

Holdings 116 stocks · $271.6M


VEA Vanguard Ftse Developed ETF	20.65%	984,060	$56.1M	Add +3.2%
VUG Vanguard Mrngstar GR ETF-Sui	16.52%	102,375	$44.9M	Add +2.1%
VTV Vanguard Mrngstr Val ETF-Aui	12.09%	185,795	$32.8M	Add +1.8%
VBR Vngrd Mrngst SL-CP Val ETF-U	5.13%	71,423	$13.9M	Add +5.0%
VBK Van Morst SML-Cap Gro-Usd Inc.	4.13%	40,542	$11.2M	Add +10.6%
SCHF Schwab Intl Equity ETF	3.35%	412,025	$9.1M	Add +4.0%
MSFT Microsoft Corp.	2.88%	15,735	$7.8M	Add +14.5%
NVDA Nvidia Corp.	2.85%	48,983	$7.7M	Add +9.3%
AAPL Apple Inc.	2.62%	34,647	$7.1M	Add +10.3%
EXR Extra Space Storage Inc.	2.11%	38,802	$5.7M	Add +0.4%
VB Vanguard Most SM-Cap ETF-Usd	1.90%	21,823	$5.2M	Add +19.3%
BIV Vanguard Intermediate-Term B	1.74%	61,073	$4.7M	Reduce -0.0%
AMZN Amazon.com Inc.	1.49%	18,416	$4.0M	Add +15.3%
GOOGL Alphabet Inc. Class A	1.28%	19,664	$3.5M	Add +5.5%
META Meta Platforms Inc. Class A	1.16%	4,273	$3.2M	Add +12.7%
BSV Vanguard Short-Term Bond ETF	0.96%	33,096	$2.6M	Reduce -4.1%
AVGO Broadcom Inc.	0.94%	9,248	$2.5M	Add +11.1%
V Visa Inc. Class A	0.72%	5,537	$2.0M	Add +11.1%
TSLA Tesla Inc.	0.66%	5,627	$1.8M	Add +28.8%
BRK.B Berkshire Hathaway Inc. Class B	0.59%	3,290	$1.6M	Add +6.8%
JPM JPMorgan Chase & Co.	0.57%	5,312	$1.5M	Add +7.4%
GOOG Alphabet Inc. Class C	0.49%	7,489	$1.3M	Add +27.9%
MA Mastercard Inc. Class A	0.46%	2,237	$1.3M	Add +10.8%
LLY Eli Lilly & Co.	0.45%	1,563	$1.2M	Add +15.9%
SCHX Schwab US Large-Cap ETF	0.37%	41,522	$1.0M	Add +0.1%
HD Home Depot Inc.	0.37%	2,706	$992K	Add +15.2%
NFLX Netflix Inc.	0.36%	722	$967K	Add +5.1%
WMT Walmart Inc.	0.35%	9,615	$940K	Add +13.7%
BKNG Booking Holdings Inc.	0.34%	160	$926K	Reduce -2.4%
XOM Exxon Mobil Corp.	0.33%	8,201	$884K	Add +41.1%
GLD SPDR Gold Shares	0.33%	2,898	$883K	No change
SPGI S&P Global Inc.	0.32%	1,642	$866K	Reduce -0.1%
APH Amphenol Corp. Class A	0.32%	8,764	$865K	Reduce -3.4%
PG The Procter & Gamble Co.	0.30%	5,053	$805K	Add +7.5%
IWF iShares Russell 1000 Growth	0.30%	1,894	$804K	Add +0.4%
COST Costco Wholesale Corp.	0.29%	783	$775K	Add +7.5%
JNJ Johnson & Johnson	0.28%	4,892	$747K	Add +54.3%
ABBV Abbvie Inc.	0.25%	3,690	$685K	Add +11.7%
ORCL Oracle Corp.	0.24%	2,980	$652K	Add +10.0%
TMO Thermo Fisher Scientific Inc.	0.24%	1,586	$643K	Reduce -2.5%
GE General Electric filed as GE AEROSPACE	0.21%	2,263	$582K	Add +12.4%
KO The Coca-Cola Co.	0.21%	8,208	$581K	Add +14.3%
SHW The Sherwin-Williams Co.	0.21%	1,670	$573K	Reduce -5.0%
PLTR Palantir Technologies Inc. Class A	0.21%	4,205	$573K	Add +13.6%
CSCO Cisco Systems Inc.	0.21%	8,081	$561K	Add +30.3%
RTX RTX Corp.	0.20%	3,647	$533K	Add +3.1%
AMD Advanced Micro Devices	0.20%	3,741	$531K	Add +20.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.19%	1,795	$529K	Add +18.2%
PM Philip Morris International	0.18%	2,747	$500K	Add +18.6%
WFC Wells Fargo & Co.	0.18%	6,192	$496K	Add +12.5%
SIVR Abrdn Physical Silver Shares	0.18%	14,244	$490K	No change
INTU Intuit Inc.	0.18%	613	$483K	Add +11.4%
CRM Salesforce Inc.	0.18%	1,757	$479K	Add +3.5%
ABT Abbott Laboratories	0.18%	3,514	$478K	Add +14.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.17%	3,825	$472K	Reduce -4.5%
T AT&T Inc.	0.17%	16,294	$472K	Add +13.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.17%	9,940	$470K	Add +5.7%
NOW ServiceNow Inc.	0.17%	444	$456K	Add +33.7%
LIN Linde PLC	0.16%	900	$422K	Add +13.8%
UBER Uber Technologies Inc.	0.14%	4,162	$388K	Add +25.9%
ADBE Adobe Inc.	0.14%	966	$374K	Reduce -1.6%
WMB Williams Cos Inc.	0.14%	5,940	$373K	Add +1.1%
VZ Verizon Communications Inc.	0.13%	8,337	$361K	Add +10.4%
MCD McDonald's Corp.	0.13%	1,220	$356K	Add +13.2%
NEE Nextera Energy Inc.	0.13%	5,005	$347K	Add +26.9%
QCOM Qualcomm Inc.	0.13%	2,169	$345K	Add +9.3%
MS Morgan Stanley	0.13%	2,427	$342K	Add +9.7%
ETN Eaton Corp. PLC	0.12%	943	$337K	Add +24.6%
BSX Boston Scientific Corp.	0.12%	3,118	$335K	Add +8.4%
ISRG Intuitive Surgical Inc.	0.12%	615	$334K	Add +6.4%
GEV GE Vernova Inc.	0.12%	614	$325K	New
MU Micron Technology Inc.	0.12%	2,635	$325K	Add +12.2%
MRK Merck & Co. Inc.	0.12%	4,085	$323K	Add +30.6%
CAT Caterpillar Inc.	0.12%	831	$323K	New
AXP American Express Co.	0.11%	952	$304K	Add +12.0%
UNP Union Pacific Corp.	0.11%	1,301	$299K	Add +4.6%
PGR Progressive Corp.	0.11%	1,114	$297K	Add +19.4%
PANW Palo Alto Networks Inc.	0.11%	1,452	$297K	Add +8.3%
TXN Texas Instruments Inc.	0.11%	1,426	$296K	Reduce -3.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.11%	2,383	$296K	Add +13.4%
FISV Fiserv Inc.	0.11%	1,670	$288K	Reduce -1.4%
AMGN Amgen Inc.	0.10%	1,013	$283K	Add +18.9%
ACN Accenture PLC Class A	0.10%	942	$282K	Reduce -0.4%
ADP Automatic Data Processing	0.10%	907	$280K	Add +3.8%
AMAT Applied Materials Inc.	0.10%	1,516	$278K	New
ANET Arista Networks Inc.	0.10%	2,679	$274K	New
BLK BlackRock Inc.	0.10%	261	$274K	New
SYK Stryker Corp.	0.10%	685	$271K	Add +21.9%
HON Honeywell International Inc.	0.10%	1,153	$269K	Add +11.9%
SO The Southern Co.	0.10%	2,916	$268K	Add +18.1%
CRWD CrowdStrike Holdings Inc. Class A	0.10%	521	$265K	New
ZTS Zoetis Inc.	0.10%	1,696	$264K	Reduce -6.7%
ELV Elevance Health Inc.	0.10%	678	$264K	New
LRCX Lam Research Corp.	0.10%	2,693	$262K	New
PH Parker Hannifin Corp.	0.09%	369	$258K	Add +10.8%
O Realty Income Corp.	0.09%	4,360	$251K	Add +0.9%
COF Capital One Financial Corp.	0.09%	1,172	$249K	New
BR Broadridge Financial Solutio	0.09%	1,015	$247K	Reduce -0.4%
GS Goldman Sachs Group Inc.	0.08%	323	$229K	New
CMCSA Comcast Corp. Class A	0.08%	6,293	$225K	Add +13.5%

Show all 116 holdings

Portfolio Sells Q1 2025 → Q2 2025


BIV Vanguard Intermediate-Term B	Reduce -0.0%	1.74%	−0.29
NEM Newmont Corp.	Sold out	0.00%	−0.26
UNH Unitedhealth Group Inc.	Reduce -52.6%	0.08%	−0.25
BSV Vanguard Short-Term Bond ETF	Reduce -4.1%	0.96%	−0.21
CVX Chevron Corp.	Sold out	0.00%	−0.14
TMO Thermo Fisher Scientific Inc.	Reduce -2.5%	0.24%	−0.12
PFE Pfizer Inc.	Sold out	0.00%	−0.11
PEP Pepsico Inc.	Sold out	0.00%	−0.10
COP Conocophillips	Sold out	0.00%	−0.09
MRSH Marsh & McLennan Cos	Sold out	0.00%	−0.09
FISV Fiserv Inc.	Reduce -1.4%	0.11%	−0.06
SHW The Sherwin-Williams Co.	Reduce -5.0%	0.21%	−0.06
SPGI S&P Global Inc.	Reduce -0.1%	0.32%	−0.04
TJX TJX Companies Inc.	Reduce -4.5%	0.17%	−0.04
ZTS Zoetis Inc.	Reduce -6.7%	0.10%	−0.03
ADBE Adobe Inc.	Reduce -1.6%	0.14%	−0.03
ACN Accenture PLC Class A	Reduce -0.4%	0.10%	−0.02
BR Broadridge Financial Solutio	Reduce -0.4%	0.09%	−0.02
TXN Texas Instruments Inc.	Reduce -3.0%	0.11%	−0.01
BKNG Booking Holdings Inc.	Reduce -2.4%	0.34%	+0.01
APH Amphenol Corp. Class A	Reduce -3.4%	0.32%	+0.06

Portfolio Buys Q1 2025 → Q2 2025


NVDA Nvidia Corp.	Add +9.3%	2.85%	+0.74
MSFT Microsoft Corp.	Add +14.5%	2.88%	+0.64
VUG Vanguard Mrngstar GR ETF-Sui	Add +2.1%	16.52%	+0.37
AVGO Broadcom Inc.	Add +11.1%	0.94%	+0.33
META Meta Platforms Inc. Class A	Add +12.7%	1.16%	+0.21
AMZN Amazon.com Inc.	Add +15.3%	1.49%	+0.17
TSLA Tesla Inc.	Add +28.8%	0.66%	+0.17
VB Vanguard Most SM-Cap ETF-Usd	Add +19.3%	1.90%	+0.14
VBK Van Morst SML-Cap Gro-Usd Inc.	Add +10.6%	4.13%	+0.12
GEV GE Vernova Inc.	New	0.12%	+0.12
CAT Caterpillar Inc.	New	0.12%	+0.12
AMAT Applied Materials Inc.	New	0.10%	+0.10
ANET Arista Networks Inc.	New	0.10%	+0.10
BLK BlackRock Inc.	New	0.10%	+0.10
CRWD CrowdStrike Holdings Inc. Class A	New	0.10%	+0.10
ELV Elevance Health Inc.	New	0.10%	+0.10
LRCX Lam Research Corp.	New	0.10%	+0.10
COF Capital One Financial Corp.	New	0.09%	+0.09
GOOG Alphabet Inc. Class C	Add +27.9%	0.49%	+0.09
GS Goldman Sachs Group Inc.	New	0.08%	+0.08
GILD Gilead Sciences Inc.	New	0.08%	+0.08
ADSK Autodesk Inc.	New	0.08%	+0.08
TT Trane Technologies PLC	New	0.08%	+0.08
BA The Boeing Co.	New	0.08%	+0.08
SWX Southwest Gas Holdings Inc.	New	0.08%	+0.08
NFLX Netflix Inc.	Add +5.1%	0.36%	+0.08
KLAC KLA Corp.	New	0.08%	+0.08
SCHW Schwab (charles) Corp.	New	0.08%	+0.08
CME Cme Group Inc.	New	0.08%	+0.08
ORCL Oracle Corp.	Add +10.0%	0.24%	+0.08
PLTR Palantir Technologies Inc. Class A	Add +13.6%	0.21%	+0.08
BMY Bristol-Myers Squibb Co.	New	0.07%	+0.07
MO Altria Group Inc.	New	0.07%	+0.07
MDT Medtronic PLC	New	0.07%	+0.07
PACS Pacs Group Inc.	New	0.07%	+0.07
AMD Advanced Micro Devices	Add +20.8%	0.20%	+0.06
NOW ServiceNow Inc.	Add +33.7%	0.17%	+0.05
JNJ Johnson & Johnson	Add +54.3%	0.28%	+0.05
CSCO Cisco Systems Inc.	Add +30.3%	0.21%	+0.04
JPM JPMorgan Chase & Co.	Add +7.4%	0.57%	+0.04
GE General Electric	Add +12.4%	0.21%	+0.04
UBER Uber Technologies Inc.	Add +25.9%	0.14%	+0.04
ETN Eaton Corp. PLC	Add +24.6%	0.12%	+0.03
INTU Intuit Inc.	Add +11.4%	0.18%	+0.03
MU Micron Technology Inc.	Add +12.2%	0.12%	+0.03
IBM Intl Business Machines Corp.	Add +18.2%	0.19%	+0.03
XOM Exxon Mobil Corp.	Add +41.1%	0.33%	+0.03
PM Philip Morris International	Add +18.6%	0.18%	+0.02
WMT Walmart Inc.	Add +13.7%	0.35%	+0.02
GOOGL Alphabet Inc. Class A	Add +5.5%	1.28%	+0.02

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	126	$341.9M	VEA, VUG, VTV, VBR, VBK
Q1 2026	124	$296.1M	VEA, VUG, VTV, VBR, VBK
Q4 2025	121	$306.1M	VEA, VUG, VTV, VBR, VBK
Q3 2025	121	$295.1M	VEA, VUG, VTV, VBR, VBK
Q2 2025	116	$271.6M	VEA, VUG, VTV, VBR, VBK
Q1 2025	100	$230.2M	VEA, VUG, VTV, VBR, VBK
Q4 2024	95	$234.9M	VEA, VUG, VTV, VBR, VBK
Q3 2024	102	$237.6M	VEA, VUG, VTV, VBR, VBK
Q2 2024	97	$223.8M	VEA, VUG, VTV, VBR, VBK
Q1 2024	92	$215.6M	VEA, VUG, VTV, VBR, VBK