Marotta Asset Management

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 2, 2024), Marotta Asset Management reported 104 stock positions worth $483.4 million. Its top holding was Vngrd Mrngstr MD-Cap Val ETF (VOE) at 7.8% of the portfolio, followed by Vanguard Info Tech ETF (VGT, 6.8%) and Vanguard Short-Term Tips (VTIP, 6.2%). Compared with Q4 2023, it opened 2 new positions, sold out of 3, added to 22 and reduced 60. The biggest buy was Columbia Em Core Ex-China (XCEM, shares +19%) and the biggest sale Vanguard Ftse Emerging Marke (VWO, shares −8%).

Most Recent 13F
Q2 2026
Location
CHARLOTTESVILLE, VA
CIK
0001802091
Portfolio Value
$483.4M (Q1 2024)
SEC Filing
0001802091-24-000002 ↗ filed Apr 2, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $483.4M $483.4M Q1 2024 Q2 2024: $483.4M Q2 2024 Q3 2024: $509.4M Q3 2024 Q4 2024: $478.0M Q4 2024 Q1 2025: $509.4M Q1 2025 Q2 2025: $498.6M Q2 2025 Q3 2025: $531.2M Q3 2025 Q4 2025: $540.2M Q4 2025 Q1 2026: $543.1M Q1 2026 Q2 2026: $600.9M Q2 2026

Holdings 104 stocks · $483.4M
VOE Vngrd Mrngstr MD-Cap Val ETF 7.77% 240,991 $37.6M Reduce -1.7%
VGT Vanguard Info Tech ETF 6.83% 62,953 $33.0M Reduce -5.2%
VTIP Vanguard Short-Term Tips 6.19% 625,020 $29.9M Add +3.1%
BNDX Vanguard Total Intl Bond ETF 5.83% 572,733 $28.2M Add +1.6%
VBR Vngrd Mrngst SL-CP Val ETF-U 5.38% 135,576 $26.0M Add +1.1%
VDC Vanguard Consumer Staple ETF 4.41% 104,360 $21.3M Reduce -1.1%
VWO Vanguard Ftse Emerging Marke 4.16% 481,062 $20.1M Reduce -8.2%
VHT Vanguard Health Care ETF 3.93% 70,299 $19.0M Reduce -2.9%
XCEM Columbia Em Core Ex-China 3.56% 553,903 $17.2M Add +18.9%
VWOB Vanguard Emerg MKTS Gov BND 3.29% 248,977 $15.9M Add +1.6%
SCHO Schwab Short-Term US Treas 3.01% 301,826 $14.6M Add +3.7%
SCHP Schwab U.S. Tips ETF 2.53% 234,770 $12.2M Add +4.1%
EIRL iShares MSCI Ireland ETF 2.01% 140,076 $9.7M Reduce -3.5%
EFNL iShares MSCI Finland ETF 1.82% 251,377 $8.8M Add +6.1%
EWD iShares MSCI Sweden ETF 1.81% 219,389 $8.8M Reduce -6.4%
QUS SS SPDR MSCI U Stratfact ETF 1.80% 59,783 $8.7M Reduce -1.0%
EWN iShares MSCI Netherlands ETF 1.77% 173,098 $8.6M Reduce -3.7%
ENZL iShares MSCI New Zealand ETF 1.76% 186,603 $8.5M Reduce -1.5%
EDEN iShares MSCI Denmark ETF 1.74% 68,870 $8.4M Reduce -1.5%
FLSW Franklin Ftse Switzerland 1.68% 246,868 $8.1M Reduce -0.7%
EWO iShares MSCI Austria ETF 1.66% 369,263 $8.0M Add +2.4%
VOO Vanguard S&P 500 ETF 1.59% 16,028 $7.7M Reduce -1.7%
SCHE Schwab Emrg Mrkts Eqty ETF 1.40% 267,803 $6.8M Reduce -10.4%
SCHZ Schwab US Aggregate Bond ETF 1.32% 138,631 $6.4M Add +1.2%
XBI SS SPDR S&P Biotech ETF 1.28% 65,124 $6.2M Reduce -5.0%
FLTW Franklin Ftse Taiwan ETF 1.24% 137,205 $6.0M Reduce -19.5%
FLAU Franklin Ftse Australia ETF 1.13% 190,042 $5.5M Reduce -26.2%
MDYV SS SPDR S&P 400 MC Val ETF 1.13% 71,753 $5.5M Reduce -8.6%
VNQ Vanguard Real Estate ETF 1.10% 61,385 $5.3M Reduce -3.7%
VTI VG Morningstar TS MKT ETF-US 0.98% 18,249 $4.7M Add +43.9%
VNQI Vanguard GLBL Ex-US Real Est 0.82% 93,949 $4.0M Reduce -2.4%
VGSH Vanguard Short-Term Treasury 0.80% 66,708 $3.9M Add +0.0%
FLKR Franklin Ftse South Korea 0.75% 154,635 $3.6M Add +29.9%
VTV Vanguard Mrngstr Val ETF-Aui 0.70% 20,807 $3.4M Reduce -3.5%
SLYV SS SPDR S&P 600 SC Val ETF 0.68% 39,746 $3.3M Add +0.1%
FSTA Fidelity MSCI Cons Stap Indx 0.68% 69,063 $3.3M Add +27.9%
IXN iShares Global Tech ETF 0.64% 41,210 $3.1M No change
FREL Fidelity MSCI RL Est Indx 0.62% 114,118 $3.0M Add +7.2%
IXJ iShares Global Healthcare Et 0.47% 24,597 $2.3M Reduce -0.3%
ECH iShares MSCI Chile ETF 0.46% 83,372 $2.2M Reduce -0.7%
NVO Novo-Nordisk A/S-Spons ADR 0.46% 17,226 $2.2M Reduce -0.7%
META Meta Platforms Inc. Class A 0.44% 4,361 $2.1M Reduce -2.8%
FHLC Fidelity MSCI Health Care 0.43% 29,700 $2.1M Add +10.0%
WFC Wells Fargo & Co. 0.42% 35,181 $2.0M No change
MSFT Microsoft Corp. 0.40% 4,547 $1.9M Reduce -0.1%
AMZN Amazon.com Inc. 0.39% 10,465 $1.9M No change
BND Vanguard Total Bond Market 0.36% 24,238 $1.8M Add +15.1%
TFC Truist Financial Corp. 0.34% 42,018 $1.6M Reduce -0.2%
FTEC Fidelity MSCI Info Tech Indx 0.34% 10,433 $1.6M Add +17.4%
FLGR Franklin Ftse Germany ETF 0.32% 61,955 $1.5M New
AAPL Apple Inc. 0.30% 8,349 $1.4M Reduce -0.1%
SCHG Schwab US Large-Cap Growth 0.27% 14,247 $1.3M Reduce -4.1%
GD General Dynamics Corp. 0.25% 4,242 $1.2M Reduce -2.1%
GMS GMS Inc. 0.22% 10,809 $1.1M No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.19% 3,722 $930K No change
AZN Astrazeneca PLC-Spons ADR 0.18% 12,809 $868K Reduce -0.8%
ACN Accenture PLC Class A 0.18% 2,454 $851K No change
ALC Alcon Inc. filed as ALCON AG 0.15% 8,732 $727K Reduce -0.9%
NVS Novartis AG-Sponsored ADR 0.15% 7,492 $725K Reduce -0.9%
UNH Unitedhealth Group Inc. 0.15% 1,462 $723K Reduce -4.4%
V Visa Inc. Class A 0.14% 2,506 $699K No change
EWL iShares MSCI Switzerland ETF 0.13% 12,878 $613K Reduce -8.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.13% 1,162 $608K Add +0.7%
XOM Exxon Mobil Corp. 0.12% 5,019 $583K Reduce -0.4%
SCHV Schwab US Large-Cap Value 0.11% 7,105 $540K Reduce -13.1%
TXN Texas Instruments Inc. 0.11% 3,037 $529K Reduce -2.0%
FISV Fiserv Inc. 0.11% 3,200 $511K No change
MCD McDonald's Corp. 0.11% 1,804 $509K Reduce -7.3%
NKSH National Bankshares Inc. 0.11% 15,207 $508K No change
NVR NVR Inc. 0.10% 57 $462K No change
UNP Union Pacific Corp. 0.10% 1,873 $461K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.09% 3,749 $459K Reduce -3.0%
GMAB Genmab A/S -SP ADR 0.09% 15,042 $450K Reduce -3.4%
BRK.B Berkshire Hathaway Inc. Class B 0.09% 1,048 $441K Reduce -6.8%
IBB iShares Biotechnology ETF 0.09% 3,148 $432K No change
KO The Coca-Cola Co. 0.09% 6,813 $417K Reduce -8.3%
FLMX Franklin Ftse Mexico ETF 0.08% 11,912 $405K New
JPM JPMorgan Chase & Co. 0.08% 2,005 $402K Reduce -18.5%
MCK McKesson Corp. 0.08% 726 $390K Reduce -21.9%
IWN iShares Russell 2000 Value E 0.08% 2,358 $374K No change
SCHH Schwab US REIT ETF 0.07% 17,488 $355K Reduce -2.6%
LMT Lockheed Martin Corp. 0.07% 762 $347K Reduce -0.5%
DE Deere & Co. 0.07% 830 $341K No change
HON Honeywell International Inc. 0.07% 1,656 $340K Reduce -1.5%
ELV Elevance Health Inc. 0.07% 650 $337K Reduce -0.9%
ADP Automatic Data Processing 0.07% 1,328 $332K Reduce -0.5%
SNN Smith & Nephew PLC -Spon ADR 0.07% 13,003 $330K Reduce -8.3%
DFAC Dimensional US Core Equity 2 0.07% 10,179 $325K No change
GOOGL Alphabet Inc. Class A 0.07% 2,120 $320K Reduce -5.7%
ABBV Abbvie Inc. 0.07% 1,757 $320K No change
JNJ Johnson & Johnson 0.06% 1,842 $291K Reduce -29.7%
CVX Chevron Corp. 0.06% 1,755 $277K No change
PG The Procter & Gamble Co. 0.06% 1,650 $268K Reduce -34.9%
IWS iShares Russell Mid-Cap Valu 0.05% 2,045 $256K Reduce -1.2%
GATO Gatos Silver Inc. 0.05% 30,000 $252K No change
LNG Cheniere Energy Inc. 0.05% 1,500 $242K No change
NSC Norfolk Southern Corp. 0.05% 948 $242K Reduce -5.1%
VFC VF Corp. 0.05% 14,919 $229K Reduce -0.8%
VEA Vanguard Ftse Developed ETF 0.05% 4,512 $226K Add +1.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 5,501 $209K Reduce -12.2%
BHC Bausch Health Cos Inc. 0.04% 18,102 $192K Reduce -7.3%
HLN Haleon PLC-ADR 0.03% 17,026 $145K Reduce -7.4%
NRDY Nerdy Inc. 0.02% 25,000 $73K No change
CDE Coeur Mining Inc. 0.01% 15,000 $57K Add +50.0%

Portfolio Sells Q4 2023 → Q1 2024
VWO Vanguard Ftse Emerging Marke Reduce -8.2% 4.16% −0.47
FLAU Franklin Ftse Australia ETF Reduce -26.2% 1.13% −0.44
FLTW Franklin Ftse Taiwan ETF Reduce -19.5% 1.24% −0.27
ENZL iShares MSCI New Zealand ETF Reduce -1.5% 1.76% −0.22
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -10.4% 1.40% −0.19
EWD iShares MSCI Sweden ETF Reduce -6.4% 1.81% −0.17
VNQ Vanguard Real Estate ETF Reduce -3.7% 1.10% −0.11
MDYV SS SPDR S&P 400 MC Val ETF Reduce -8.6% 1.13% −0.11
FLSW Franklin Ftse Switzerland Reduce -0.7% 1.68% −0.09
VGT Vanguard Info Tech ETF Reduce -5.2% 6.83% −0.08
VNQI Vanguard GLBL Ex-US Real Est Reduce -2.4% 0.82% −0.06
GOOG Alphabet Inc. Class C Sold out 0.00% −0.05
ECH iShares MSCI Chile ETF Reduce -0.7% 0.46% −0.05
AAPL Apple Inc. Reduce -0.1% 0.30% −0.05
TSLA Tesla Inc. Sold out 0.00% −0.05
FLGB Franklin Ftse United Kingdom Sold out 0.00% −0.05
XBI SS SPDR S&P Biotech ETF Reduce -5.0% 1.28% −0.04
JNJ Johnson & Johnson Reduce -29.7% 0.06% −0.03
PG The Procter & Gamble Co. Reduce -34.9% 0.06% −0.02
UNH Unitedhealth Group Inc. Reduce -4.4% 0.15% −0.02
EWL iShares MSCI Switzerland ETF Reduce -8.3% 0.13% −0.02
MCD McDonald's Corp. Reduce -7.3% 0.11% −0.02
SNN Smith & Nephew PLC -Spon ADR Reduce -8.3% 0.07% −0.01
NVS Novartis AG-Sponsored ADR Reduce -0.9% 0.15% −0.01
GMAB Genmab A/S -SP ADR Reduce -3.4% 0.09% −0.01
VFC VF Corp. Reduce -0.8% 0.05% −0.01
MCK McKesson Corp. Reduce -21.9% 0.08% −0.01
SCHV Schwab US Large-Cap Value Reduce -13.1% 0.11% −0.01
KO The Coca-Cola Co. Reduce -8.3% 0.09% −0.01
AZN Astrazeneca PLC-Spons ADR Reduce -0.8% 0.18% −0.01
JPM JPMorgan Chase & Co. Reduce -18.5% 0.08% −0.01
SCHH Schwab US REIT ETF Reduce -2.6% 0.07% −0.01
HON Honeywell International Inc. Reduce -1.5% 0.07% −0.01
TXN Texas Instruments Inc. Reduce -2.0% 0.11% −0.00
LMT Lockheed Martin Corp. Reduce -0.5% 0.07% −0.00
HLN Haleon PLC-ADR Reduce -7.4% 0.03% −0.00
BAC Bank of America Corp. Reduce -12.2% 0.04% −0.00
GOOGL Alphabet Inc. Class A Reduce -5.7% 0.07% −0.00
NSC Norfolk Southern Corp. Reduce -5.1% 0.05% −0.00
IWS iShares Russell Mid-Cap Valu Reduce -1.2% 0.05% +0.00
ADP Automatic Data Processing Reduce -0.5% 0.07% +0.00
ALC Alcon Inc. Reduce -0.9% 0.15% +0.00
ELV Elevance Health Inc. Reduce -0.9% 0.07% +0.00
BRK.B Berkshire Hathaway Inc. Class B Reduce -6.8% 0.09% +0.01
TFC Truist Financial Corp. Reduce -0.2% 0.34% +0.01
BHC Bausch Health Cos Inc. Reduce -7.3% 0.04% +0.01
GD General Dynamics Corp. Reduce -2.1% 0.25% +0.01
SCHG Schwab US Large-Cap Growth Reduce -4.1% 0.27% +0.01
VTV Vanguard Mrngstr Val ETF-Aui Reduce -3.5% 0.70% +0.01
XOM Exxon Mobil Corp. Reduce -0.4% 0.12% +0.01

Portfolio Buys Q4 2023 → Q1 2024
XCEM Columbia Em Core Ex-China Add +18.9% 3.56% +0.53
VTI VG Morningstar TS MKT ETF-US Add +43.9% 0.98% +0.34
FLGR Franklin Ftse Germany ETF New 0.32% +0.32
VBR Vngrd Mrngst SL-CP Val ETF-U Add +1.1% 5.38% +0.20
FLKR Franklin Ftse South Korea Add +29.9% 0.75% +0.17
FSTA Fidelity MSCI Cons Stap Indx Add +27.9% 0.68% +0.16
FLMX Franklin Ftse Mexico ETF New 0.08% +0.08
FTEC Fidelity MSCI Info Tech Indx Add +17.4% 0.34% +0.06
FHLC Fidelity MSCI Health Care Add +10.0% 0.43% +0.05
BND Vanguard Total Bond Market Add +15.1% 0.36% +0.03
VTIP Vanguard Short-Term Tips Add +3.1% 6.19% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +0.7% 0.13% +0.01
FREL Fidelity MSCI RL Est Indx Add +7.2% 0.62% +0.01
SCHP Schwab U.S. Tips ETF Add +4.1% 2.53% +0.01
CDE Coeur Mining Inc. Add +50.0% 0.01% +0.00
VEA Vanguard Ftse Developed ETF Add +1.9% 0.05% +0.00
EFNL iShares MSCI Finland ETF Add +6.1% 1.82% +0.00
EWO iShares MSCI Austria ETF Add +2.4% 1.66% −0.01
SCHO Schwab Short-Term US Treas Add +3.7% 3.01% −0.02
SLYV SS SPDR S&P 600 SC Val ETF Add +0.1% 0.68% −0.03
VGSH Vanguard Short-Term Treasury Add +0.0% 0.80% −0.03
SCHZ Schwab US Aggregate Bond ETF Add +1.2% 1.32% −0.05
VWOB Vanguard Emerg MKTS Gov BND Add +1.6% 3.29% −0.06
BNDX Vanguard Total Intl Bond ETF Add +1.6% 5.83% −0.15

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 103$600.9MVOE, XCEM, VBR, VGT, VTIP
Q1 2026 103$543.1MVOE, XCEM, VTIP, VBR, BNDX
Q4 2025 102$540.2MVOE, XCEM, VTIP, VGT, VBR
Q3 2025 109$531.2MVOE, VGT, XCEM, VTIP, BNDX
Q2 2025 105$498.6MVOE, VGT, VTIP, XCEM, BNDX
Q1 2025 111$509.4MVOE, VGT, VTIP, BNDX, XCEM
Q4 2024 110$478.0MVOE, VGT, VTIP, BNDX, XCEM
Q3 2024 111$509.4MVOE, VGT, VTIP, BNDX, XCEM
Q2 2024 110$483.4MVOE, VGT, VTIP, BNDX, XCEM
Q1 2024 104$483.4MVOE, VGT, VTIP, BNDX, VBR