Jacobsen Capital Management

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 26, 2026), Jacobsen Capital Management reported 121 stock positions worth $306.1 million. Its top holding was Vanguard Ftse Developed ETF (VEA) at 20.7% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 16.1%) and Vanguard Mrngstr Val ETF-Aui (VTV, 12.5%). Compared with Q3 2025, it opened 6 new positions, sold out of 6, added to 29 and reduced 80. The biggest buy was Vanguard Mrngstr Val ETF-Aui (VTV, shares +7%) and the biggest sale Vanguard Mrngstar GR ETF-Sui (VUG, shares −0%).

Most Recent 13F
Q2 2026
Location
SALT LAKE CITY, UT
CIK
0001782491
Portfolio Value
$306.1M (Q4 2025)
SEC Filing
0001782491-26-000001 ↗ filed Jan 26, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $215.6M Q1 2024 Q2 2024: $223.8M Q2 2024 Q3 2024: $237.6M Q3 2024 Q4 2024: $234.9M Q4 2024 Q1 2025: $230.2M Q1 2025 Q2 2025: $271.6M Q2 2025 Q3 2025: $295.1M Q3 2025 Q4 2025: $306.1M $306.1M Q4 2025 Q1 2026: $296.1M Q1 2026 Q2 2026: $341.9M Q2 2026

Holdings 121 stocks · $306.1M
VEA Vanguard Ftse Developed ETF 20.71% 1,014,776 $63.4M Add +2.4%
VUG Vanguard Mrngstar GR ETF-Sui 16.12% 101,169 $49.4M Reduce -0.4%
VTV Vanguard Mrngstr Val ETF-Aui 12.51% 200,547 $38.3M Add +7.2%
VBR Vngrd Mrngst SL-CP Val ETF-U 4.58% 66,185 $14.0M Reduce -2.8%
VBK Van Morst SML-Cap Gro-Usd Inc. 3.98% 40,306 $12.2M Reduce -0.3%
SCHF Schwab Intl Equity ETF 3.79% 482,197 $11.6M Add +2.4%
AAPL Apple Inc. 3.06% 34,460 $9.4M Reduce -1.5%
NVDA Nvidia Corp. 2.99% 49,091 $9.2M Reduce -2.2%
MSFT Microsoft Corp. 2.49% 15,764 $7.6M Reduce -1.4%
VB Vanguard Most SM-Cap ETF-Usd 2.04% 24,155 $6.2M Add +5.1%
GOOGL Alphabet Inc. Class A 1.91% 18,670 $5.8M Reduce -6.1%
EXR Extra Space Storage Inc. 1.65% 38,796 $5.1M Reduce -0.0%
BIV Vanguard Intermediate-Term B 1.62% 63,736 $5.0M Add +3.5%
AMZN Amazon.com Inc. 1.43% 18,957 $4.4M Add +0.2%
AVGO Broadcom Inc. 1.06% 9,398 $3.3M Reduce -1.0%
META Meta Platforms Inc. Class A 0.89% 4,107 $2.7M Reduce -5.1%
TSLA Tesla Inc. 0.84% 5,733 $2.6M Reduce -0.5%
BSV Vanguard Short-Term Bond ETF 0.84% 32,474 $2.6M Add +2.1%
GOOG Alphabet Inc. Class C 0.79% 7,750 $2.4M Reduce -0.3%
V Visa Inc. Class A 0.62% 5,426 $1.9M Reduce -1.6%
JPM JPMorgan Chase & Co. 0.56% 5,341 $1.7M Reduce -1.8%
BRK.B Berkshire Hathaway Inc. Class B 0.54% 3,309 $1.7M Reduce -2.7%
LLY Eli Lilly & Co. 0.54% 1,537 $1.7M Reduce -0.1%
MA Mastercard Inc. Class A 0.41% 2,206 $1.3M Reduce -1.8%
GLD SPDR Gold Shares 0.38% 2,898 $1.1M No change
WMT Walmart Inc. 0.35% 9,515 $1.1M Reduce -1.2%
JNJ Johnson & Johnson 0.32% 4,708 $974K Reduce -1.6%
SIVR Abrdn Physical Silver Shares 0.31% 14,244 $963K No change
TMO Thermo Fisher Scientific Inc. 0.31% 1,639 $950K Reduce -2.9%
XOM Exxon Mobil Corp. 0.31% 7,888 $949K Reduce -2.3%
APH Amphenol Corp. Class A 0.31% 6,967 $942K Reduce -12.0%
HD Home Depot Inc. 0.29% 2,606 $897K Reduce -3.6%
SPGI S&P Global Inc. 0.27% 1,601 $837K Reduce -2.4%
ABBV Abbvie Inc. 0.27% 3,634 $830K Reduce -1.7%
AMD Advanced Micro Devices 0.26% 3,782 $810K Reduce -0.6%
SCHX Schwab US Large-Cap ETF 0.26% 29,751 $801K Reduce -25.5%
BKNG Booking Holdings Inc. 0.26% 149 $798K Reduce -5.1%
MU Micron Technology Inc. 0.25% 2,704 $772K Reduce -0.9%
PLTR Palantir Technologies Inc. Class A 0.24% 4,203 $747K Add +10.1%
IWF iShares Russell 1000 Growth 0.24% 1,574 $745K No change
GE General Electric filed as GE AEROSPACE 0.23% 2,276 $701K Reduce -0.8%
NFLX Netflix Inc. 0.22% 7,332 $687K Reduce -2.0%
PACS Pacs Group Inc. 0.22% 17,834 $685K No change
RTX RTX Corp. 0.22% 3,671 $673K Reduce -1.3%
COST Costco Wholesale Corp. 0.21% 743 $641K Reduce -3.0%
PG The Procter & Gamble Co. 0.21% 4,428 $635K Reduce -2.8%
CSCO Cisco Systems Inc. 0.20% 8,022 $618K Reduce -1.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.20% 11,181 $615K Add +1.9%
WFC Wells Fargo & Co. 0.19% 6,236 $581K Reduce -1.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.18% 1,912 $566K Add +3.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.18% 3,648 $560K Reduce -4.8%
KO The Coca-Cola Co. 0.18% 7,878 $551K Reduce -1.0%
ORCL Oracle Corp. 0.18% 2,756 $537K Reduce -9.4%
SHW The Sherwin-Williams Co. 0.17% 1,620 $525K Reduce -2.9%
UNH Unitedhealth Group Inc. 0.17% 1,564 $516K Add +29.8%
MRK Merck & Co. Inc. 0.16% 4,711 $496K Reduce -3.6%
CAT Caterpillar Inc. 0.15% 823 $471K Reduce -1.7%
LRCX Lam Research Corp. 0.15% 2,728 $467K Reduce -2.7%
CRM Salesforce Inc. 0.15% 1,730 $458K Reduce -9.9%
ABT Abbott Laboratories 0.14% 3,386 $424K Reduce -4.7%
MS Morgan Stanley 0.14% 2,372 $421K Reduce -2.5%
GEV GE Vernova Inc. 0.13% 627 $410K Add +3.0%
PM Philip Morris International 0.13% 2,538 $407K Reduce -8.0%
INTU Intuit Inc. 0.13% 603 $399K Reduce -1.8%
NEE Nextera Energy Inc. 0.13% 4,975 $399K Reduce -1.4%
AMAT Applied Materials Inc. 0.13% 1,500 $385K Reduce -1.1%
CVX Chevron Corp. 0.13% 2,524 $385K Add +2.4%
MCD McDonald's Corp. 0.12% 1,231 $376K Reduce -2.2%
QCOM Qualcomm Inc. 0.12% 2,150 $368K Reduce -0.9%
T AT&T Inc. 0.12% 14,404 $358K Reduce -13.5%
WMB Williams Cos Inc. 0.12% 5,918 $356K Reduce -0.5%
ANET Arista Networks Inc. 0.11% 2,624 $344K Reduce -1.9%
NOW ServiceNow Inc. 0.11% 2,213 $339K Reduce -0.8%
ISRG Intuitive Surgical Inc. 0.11% 594 $336K Add +1.7%
COF Capital One Financial Corp. 0.11% 1,368 $332K Add +13.4%
AMGN Amgen Inc. 0.11% 1,000 $327K Reduce -0.9%
GS Goldman Sachs Group Inc. 0.11% 371 $326K Add +6.6%
PH Parker Hannifin Corp. 0.11% 370 $325K No change
UBER Uber Technologies Inc. 0.10% 3,885 $317K Reduce -0.4%
PEP Pepsico Inc. 0.10% 2,148 $308K Add +1.8%
VZ Verizon Communications Inc. 0.10% 7,513 $306K Reduce -11.6%
LIN Linde PLC 0.10% 705 $301K Reduce -22.7%
UNP Union Pacific Corp. 0.10% 1,296 $300K Reduce -1.4%
BSX Boston Scientific Corp. 0.10% 3,124 $298K Reduce -1.4%
ETN Eaton Corp. PLC 0.10% 928 $296K Reduce -1.0%
KLAC KLA Corp. 0.10% 241 $293K Reduce -1.6%
AXP American Express Co. 0.10% 786 $291K Reduce -17.7%
BLK BlackRock Inc. 0.09% 265 $284K Add +1.5%
C Citigroup Inc. 0.09% 2,326 $271K Add +12.3%
EGO Eldorado Gold Corp. 0.09% 7,500 $269K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.09% 2,359 $268K Reduce -3.2%
PFE Pfizer Inc. 0.09% 10,643 $265K Add +5.0%
CB Chubb Ltd. 0.08% 829 $259K Reduce -1.0%
ACN Accenture PLC Class A 0.08% 955 $256K New
CRWD CrowdStrike Holdings Inc. Class A 0.08% 546 $256K Add +4.0%
SO The Southern Co. 0.08% 2,897 $253K Reduce -1.9%
INTC Intel Corp. 0.08% 6,745 $249K Add +3.3%
ADBE Adobe Inc. 0.08% 709 $248K Reduce -28.5%
PANW Palo Alto Networks Inc. 0.08% 1,345 $248K Add +3.1%
GILD Gilead Sciences Inc. 0.08% 1,994 $245K Reduce -1.1%

Show all 121 holdings

Portfolio Sells Q3 2025 → Q4 2025
VUG Vanguard Mrngstar GR ETF-Sui Reduce -0.4% 16.12% −0.38
MSFT Microsoft Corp. Reduce -1.4% 2.49% −0.32
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -2.8% 4.58% −0.24
EXR Extra Space Storage Inc. Reduce -0.0% 1.65% −0.20
META Meta Platforms Inc. Class A Reduce -5.1% 0.89% −0.19
NVDA Nvidia Corp. Reduce -2.2% 2.99% −0.18
ORCL Oracle Corp. Reduce -9.4% 0.18% −0.11
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -0.3% 3.98% −0.10
SCHX Schwab US Large-Cap ETF Reduce -25.5% 0.26% −0.09
ZTS Zoetis Inc. Sold out 0.00% −0.08
MO Altria Group Inc. Sold out 0.00% −0.08
NFLX Netflix Inc. Reduce -2.0% 0.22% −0.08
HD Home Depot Inc. Reduce -3.6% 0.29% −0.08
FISV Fiserv Inc. Sold out 0.00% −0.08
TMUS T-Mobile US Inc. Sold out 0.00% −0.07
TT Trane Technologies PLC Sold out 0.00% −0.07
URI United Rentals Inc. Sold out 0.00% −0.07
LIN Linde PLC Reduce -22.7% 0.10% −0.05
T AT&T Inc. Reduce -13.5% 0.12% −0.04
ADBE Adobe Inc. Reduce -28.5% 0.08% −0.04
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.7% 0.54% −0.04
COST Costco Wholesale Corp. Reduce -3.0% 0.21% −0.03
PG The Procter & Gamble Co. Reduce -2.8% 0.21% −0.03
NOW ServiceNow Inc. Reduce -0.8% 0.11% −0.03
BKNG Booking Holdings Inc. Reduce -5.1% 0.26% −0.03
VZ Verizon Communications Inc. Reduce -11.6% 0.10% −0.03
TSLA Tesla Inc. Reduce -0.5% 0.84% −0.03
UBER Uber Technologies Inc. Reduce -0.4% 0.10% −0.03
TXN Texas Instruments Inc. Reduce -19.1% 0.07% −0.03
APH Amphenol Corp. Class A Reduce -12.0% 0.31% −0.02
SHW The Sherwin-Williams Co. Reduce -2.9% 0.17% −0.02
ABT Abbott Laboratories Reduce -4.7% 0.14% −0.02
ETN Eaton Corp. PLC Reduce -1.0% 0.10% −0.02
MA Mastercard Inc. Class A Reduce -1.8% 0.41% −0.02
ANET Arista Networks Inc. Reduce -1.9% 0.11% −0.02
JPM JPMorgan Chase & Co. Reduce -1.8% 0.56% −0.02
ABBV Abbvie Inc. Reduce -1.7% 0.27% −0.02
PM Philip Morris International Reduce -8.0% 0.13% −0.02
ADP Automatic Data Processing Reduce -5.2% 0.07% −0.02
V Visa Inc. Class A Reduce -1.6% 0.62% −0.02
AXP American Express Co. Reduce -17.7% 0.10% −0.01
SO The Southern Co. Reduce -1.9% 0.08% −0.01
INTU Intuit Inc. Reduce -1.8% 0.13% −0.01
WMB Williams Cos Inc. Reduce -0.5% 0.12% −0.01
O Realty Income Corp. Reduce -2.0% 0.08% −0.01
BR Broadridge Financial Solutio Reduce -4.2% 0.07% −0.01
SYK Stryker Corp. Reduce -3.8% 0.08% −0.01
HON Honeywell International Inc. Reduce -0.1% 0.07% −0.01
ADSK Autodesk Inc. Reduce -1.0% 0.07% −0.01
BSX Boston Scientific Corp. Reduce -1.4% 0.10% −0.01

Portfolio Buys Q3 2025 → Q4 2025
VTV Vanguard Mrngstr Val ETF-Aui Add +7.2% 12.51% +0.69
VEA Vanguard Ftse Developed ETF Add +2.4% 20.71% +0.57
ACN Accenture PLC Class A New 0.08% +0.08
APP AppLovin Corp. Class A New 0.07% +0.07
SCHF Schwab Intl Equity ETF Add +2.4% 3.79% +0.07
ADI Analog Devices Inc. New 0.07% +0.07
NEM Newmont Corp. New 0.07% +0.07
CEG Constellation Energy New 0.07% +0.07
MCK McKesson Corp. New 0.07% +0.07
VB Vanguard Most SM-Cap ETF-Usd Add +5.1% 2.04% +0.05
UNH Unitedhealth Group Inc. Add +29.8% 0.17% +0.03
AMZN Amazon.com Inc. Add +0.2% 1.43% +0.02
COF Capital One Financial Corp. Add +13.4% 0.11% +0.02
ISRG Intuitive Surgical Inc. Add +1.7% 0.11% +0.02
C Citigroup Inc. Add +12.3% 0.09% +0.02
GS Goldman Sachs Group Inc. Add +6.6% 0.11% +0.01
BAC Bank of America Corp. Add +1.9% 0.20% +0.01
IBM Intl Business Machines Corp. Add +3.9% 0.18% +0.01
PLTR Palantir Technologies Inc. Class A Add +10.1% 0.24% +0.01
INTC Intel Corp. Add +3.3% 0.08% +0.01
GEV GE Vernova Inc. Add +3.0% 0.13% +0.01
SCHW Schwab (charles) Corp. Add +2.4% 0.08% +0.00
PEP Pepsico Inc. Add +1.8% 0.10% +0.00
CME Cme Group Inc. Add +2.6% 0.07% 0.00
ESGV Vanguard ESG US Stock ETF Add +0.2% 0.07% −0.00
PFE Pfizer Inc. Add +5.0% 0.09% −0.00
SWX Southwest Gas Holdings Inc. Add +0.2% 0.08% −0.00
BA The Boeing Co. Add +0.5% 0.08% −0.00
CRWD CrowdStrike Holdings Inc. Class A Add +4.0% 0.08% −0.00
CVX Chevron Corp. Add +2.4% 0.13% −0.00
PGR Progressive Corp. Add +5.9% 0.08% −0.00
BIV Vanguard Intermediate-Term B Add +3.5% 1.62% −0.01
PANW Palo Alto Networks Inc. Add +3.1% 0.08% −0.01
BLK BlackRock Inc. Add +1.5% 0.09% −0.01
BSV Vanguard Short-Term Bond ETF Add +2.1% 0.84% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 126$341.9MVEA, VUG, VTV, VBR, VBK
Q1 2026 124$296.1MVEA, VUG, VTV, VBR, VBK
Q4 2025 121$306.1MVEA, VUG, VTV, VBR, VBK
Q3 2025 121$295.1MVEA, VUG, VTV, VBR, VBK
Q2 2025 116$271.6MVEA, VUG, VTV, VBR, VBK
Q1 2025 100$230.2MVEA, VUG, VTV, VBR, VBK
Q4 2024 95$234.9MVEA, VUG, VTV, VBR, VBK
Q3 2024 102$237.6MVEA, VUG, VTV, VBR, VBK
Q2 2024 97$223.8MVEA, VUG, VTV, VBR, VBK
Q1 2024 92$215.6MVEA, VUG, VTV, VBR, VBK