LongView Asset Management LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), LongView Asset Management LLC reported 51 stock positions worth $143.4 million. Its top holding was Dimensional US Sus CORE1 ETF (DFSU) at 21.4% of the portfolio, followed by Dimensional Int Sus COR1 ETF (DFSI, 12.7%) and Dimensional Em Sus CORE1 ETF (DFSE, 8.5%). Compared with Q3 2025, it opened 4 new positions, sold out of 5, added to 15 and reduced 24. The biggest buy was Cal Intl Responsible Index (CVIE, shares +3%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −53%).

Most Recent 13F
Q4 2025
Location
SANTA FE, NM
CIK
0002053960
Portfolio Value
$143.4M (Q4 2025)
SEC Filing
0002053960-26-000001 ↗ filed Feb 9, 2026

Holdings Value

0$50.0M$100.0M$150.0M Q4 2024: $114.7M Q4 2024 Q1 2025: $116.5M Q1 2025 Q2 2025: $132.3M Q2 2025 Q3 2025: $144.8M Q3 2025 Q4 2025: $143.4M $143.4M Q4 2025

Holdings 51 stocks · $143.4M

DFSU Dimensional US Sus CORE1 ETF 21.44% 708,054 $30.8M Reduce -4.2%
DFSI Dimensional Int Sus COR1 ETF 12.66% 423,719 $18.2M Reduce -3.8%
DFSE Dimensional Em Sus CORE1 ETF 8.50% 293,983 $12.2M Add +0.4%
ARB Altshares Merger Arbitrage 7.23% 356,455 $10.4M Add +4.4%
CVIE Cal Intl Responsible Index 6.70% 134,821 $9.6M Add +3.3%
CVLC Calvert US L-C CR Resp Index 5.57% 94,828 $8.0M Add +3.5%
CVMC Calvert US Mcap Core Resp 4.51% 100,879 $6.5M Add +1.0%
AVSD Avantis Reps Intern Equi ETF 2.86% 55,229 $4.1M Reduce -8.5%
NUSC Nuveen ESG Small-Cap ETF 2.85% 91,374 $4.1M Reduce -2.3%
SSGA ACTIVE TR 2.54% 84,067 $3.6M Add +9.1%
VGSR Vert GLB Sust Re ETF filed as MANAGER DIRECTED PORTFOLIOS 2.52% 347,874 $3.6M Reduce -1.5%
BIL SS SPDR BB 1-3M T-Bill ETF 2.06% 32,302 $3.0M Add +1.4%
AVSU Avantis Resp US Equity ETF 2.06% 38,669 $3.0M Reduce -12.6%
NUDM Nuveen ESG Intl Devel MRK Eq 2.04% 80,947 $2.9M Reduce -0.0%
AAPL Apple Inc. 1.83% 9,647 $2.6M Reduce -22.4%
AVSE Avantis Resp Emerg MKTS Eq-E 1.76% 38,844 $2.5M Reduce -11.2%
NULV Nuveen ESG Large-Cap Val ETF 1.63% 51,829 $2.3M Reduce -4.7%
BRK.A Berkshire Hathaway Inc. Class A 1.05% 2 $1.5M No change
QQQ Invesco QQQ Trust Series 1 0.97% 2,257 $1.4M Reduce -53.2%
GOOG Alphabet Inc. Class C 0.93% 4,262 $1.3M Reduce -6.4%
AMZN Amazon.com Inc. 0.63% 3,931 $907K Reduce -11.6%
JPM JPMorgan Chase & Co. 0.60% 2,656 $856K Reduce -1.2%
MSFT Microsoft Corp. 0.49% 1,446 $700K Add +3.8%
PG The Procter & Gamble Co. 0.49% 4,879 $699K Add +6.1%
IVV iShares Core S&P 500 ETF 0.46% 971 $665K Reduce -0.4%
NVDA Nvidia Corp. 0.45% 3,490 $651K Reduce -6.8%
GLD SPDR Gold Shares 0.43% 1,562 $619K Add +16.1%
FTAI Ftai Aviation Ltd. 0.34% 2,500 $492K No change
ADBE Adobe Inc. 0.28% 1,137 $398K Reduce -1.0%
EMNT PIMCO Enhcd St M-Active ESG 0.27% 3,963 $391K New
VIG Vanguard Dividend Apprec ETF 0.26% 1,709 $376K No change
EMSF Matthews Em Sustainable 0.25% 12,673 $359K Reduce -19.0%
ABBV Abbvie Inc. 0.25% 1,541 $352K Add +44.6%
DSI iShares ESG MSCI KLD 400 ETF 0.23% 2,580 $332K Reduce -42.4%
CSCO Cisco Systems Inc. 0.22% 4,013 $309K Add +36.7%
NULC Nuveen ESG Large-Cap ETF 0.21% 6,361 $304K Add +8.6%
VUG Vanguard Mrngstar GR ETF-Sui 0.20% 596 $291K No change
ABT Abbott Laboratories 0.20% 2,290 $287K Add +26.4%
EFIV SS SPDR S&P 500 ESG ETF 0.19% 4,050 $268K Reduce -23.9%
ERET iShares Env Aware Re Estate 0.18% 9,566 $255K Reduce -9.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.16% 346 $236K No change
AVGO Broadcom Inc. 0.16% 682 $236K Reduce -2.4%
DFAU Dimensional US Core Equity M 0.16% 4,837 $226K Reduce -6.0%
SCHX Schwab US Large-Cap ETF 0.15% 8,105 $218K New
TOTL SS Doubleline TR Tact ETF 0.15% 5,361 $216K Add +0.2%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.15% 678 $213K No change
VTI VG Morningstar TS MKT ETF-US 0.15% 630 $211K No change
CMF iShares California Muni Bond 0.14% 3,605 $207K New
BNDX Vanguard Total Intl Bond ETF 0.14% 4,241 $205K Reduce -45.3%
SDY SS SPDR S&P Dividend ETF 0.14% 1,451 $202K No change
GOOGL Alphabet Inc. Class A 0.14% 639 $200K New

Portfolio Sells Q3 2025 → Q4 2025

QQQ Invesco QQQ Trust Series 1 Reduce -53.2% 0.97% −1.03
AAPL Apple Inc. Reduce -22.4% 1.83% −0.36
DFSU Dimensional US Sus CORE1 ETF Reduce -4.2% 21.44% −0.24
AVSU Avantis Resp US Equity ETF Reduce -12.6% 2.06% −0.19
TSLA Tesla Inc. Sold out 0.00% −0.17
ESGD iShares Trust iShares ESG Aw Sold out 0.00% −0.16
AVSE Avantis Resp Emerg MKTS Eq-E Reduce -11.2% 1.76% −0.16
DSI iShares ESG MSCI KLD 400 ETF Reduce -42.4% 0.23% −0.16
NUBD Nuveen ESG US Aggregate Bond Sold out 0.00% −0.14
SSGA ACTIVE TR Sold out 0.00% −0.14
AVSD Avantis Reps Intern Equi ETF Reduce -8.5% 2.86% −0.12
BNDX Vanguard Total Intl Bond ETF Reduce -45.3% 0.14% −0.12
VGSR Vert GLB Sust Re ETF Reduce -1.5% 2.52% −0.07
EMSF Matthews Em Sustainable Reduce -19.0% 0.25% −0.07
NUDM Nuveen ESG Intl Devel MRK Eq Reduce -0.0% 2.04% −0.06
EFIV SS SPDR S&P 500 ESG ETF Reduce -23.9% 0.19% −0.05
AMZN Amazon.com Inc. Reduce -11.6% 0.63% −0.04
BITF Bitfarms Ltd./Canada Sold out 0.00% −0.03
NVDA Nvidia Corp. Reduce -6.8% 0.45% −0.03
ERET iShares Env Aware Re Estate Reduce -9.1% 0.18% −0.02
NULV Nuveen ESG Large-Cap Val ETF Reduce -4.7% 1.63% −0.02
DFAU Dimensional US Core Equity M Reduce -6.0% 0.16% −0.00
NUSC Nuveen ESG Small-Cap ETF Reduce -2.3% 2.85% −0.00
ADBE Adobe Inc. Reduce -1.0% 0.28% −0.00
AVGO Broadcom Inc. Reduce -2.4% 0.16% +0.01
JPM JPMorgan Chase & Co. Reduce -1.2% 0.60% +0.01
IVV iShares Core S&P 500 ETF Reduce -0.4% 0.46% +0.01
GOOG Alphabet Inc. Class C Reduce -6.4% 0.93% +0.17
DFSI Dimensional Int Sus COR1 ETF Reduce -3.8% 12.66% +0.20

Portfolio Buys Q3 2025 → Q4 2025

CVIE Cal Intl Responsible Index Add +3.3% 6.70% +0.55
CVLC Calvert US L-C CR Resp Index Add +3.5% 5.57% +0.39
ARB Altshares Merger Arbitrage Add +4.4% 7.23% +0.39
EMNT PIMCO Enhcd St M-Active ESG New 0.27% +0.27
SSGA ACTIVE TR Add +9.1% 2.54% +0.20
DFSE Dimensional Em Sus CORE1 ETF Add +0.4% 8.50% +0.20
SCHX Schwab US Large-Cap ETF New 0.15% +0.15
CMF iShares California Muni Bond New 0.14% +0.14
GOOGL Alphabet Inc. Class A New 0.14% +0.14
CVMC Calvert US Mcap Core Resp Add +1.0% 4.51% +0.13
GLD SPDR Gold Shares Add +16.1% 0.43% +0.10
CSCO Cisco Systems Inc. Add +36.7% 0.22% +0.08
ABBV Abbvie Inc. Add +44.6% 0.25% +0.08
BIL SS SPDR BB 1-3M T-Bill ETF Add +1.4% 2.06% +0.04
ABT Abbott Laboratories Add +26.4% 0.20% +0.03
NULC Nuveen ESG Large-Cap ETF Add +8.6% 0.21% +0.00
TOTL SS Doubleline TR Tact ETF Add +0.2% 0.15% +0.00
PG The Procter & Gamble Co. Add +6.1% 0.49% −0.00
MSFT Microsoft Corp. Add +3.8% 0.49% −0.01

Notes & Other Activity Q3 2025 → Q4 2025

BKKT.WS Bakkt Holdings Inc. -CW26 *W EXP 10/25/202 Sold out 67,540 $30Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2025 51$143.4MDFSU, DFSI, DFSE, ARB, CVIE
Q3 2025 52$144.8MDFSU, DFSI, DFSE, ARB, CVIE
Q2 2025 55$132.3MDFSU, DFSI, DFSE, ARB, CVIE
Q1 2025 55$116.5MDFSU, DFSI, DFSE, ARB, CVIE
Q4 2024 52$114.7MDFSU, DFSI, AAPL, DFSE, ARB