Marquette Associates, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Marquette Associates, Inc. reported 30 stock positions worth $78.1 million. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 19.6% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 17.8%) and Neuberger Option Strategy Et (NBOS, 16.1%). Compared with Q3 2025, it opened 2 new positions, sold out of 6, added to 3 and reduced 21. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +25%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −63%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0002042617
- Portfolio Value
- $78.1M (Q4 2025)
- SEC Filing
- 0001398344-26-003203 ↗ filed Feb 17, 2026
Holdings Value
Holdings 30 stocks · $78.1M
| IEFA iShares Core MSCI Eafe ETF | 19.61% | 171,209 | $15.3M | Reduce -3.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 17.81% | 20,390 | $13.9M | Add +24.6% |
| NBOS Neuberger Option Strategy Et | 16.15% | 462,368 | $12.6M | No change |
| VXF Vanguard Extended Market ETF | 12.47% | 46,568 | $9.7M | Add +0.3% |
| AGG iShares Core U.S. Aggregate | 8.00% | 62,542 | $6.2M | No change |
| BSV Vanguard Short-Term Bond ETF | 7.44% | 73,690 | $5.8M | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 6.87% | 18,479 | $5.4M | Reduce -6.2% |
| VTI VG Morningstar TS MKT ETF-US | 2.89% | 6,734 | $2.3M | Reduce -62.6% |
| ESML iShares ESG Aware MSCI USA S | 1.57% | 26,607 | $1.2M | New |
| EFAX State Street SPDR MSCI Eafe | 1.47% | 22,731 | $1.1M | Add +1.5% |
| RSP Invesco S&P 500 Equal Weight | 1.41% | 5,740 | $1.1M | New |
| SCHB Schwab US Broad Market ETF | 1.07% | 31,993 | $839K | Reduce -3.5% |
| VXUS Vanguard Total Intl Stock | 0.82% | 8,539 | $644K | Reduce -3.0% |
| TDVG T Rowe Price Dividend Growth | 0.77% | 13,378 | $602K | Reduce -7.9% |
| WINN Harbor Long-Term Growers ETF | 0.29% | 7,292 | $227K | No change |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.29% | 1,267 | $225K | Reduce -22.5% |
| VOOV Vanguard S&P 500 Value ETF | 0.28% | 1,059 | $217K | Reduce -50.0% |
| IVV iShares Core S&P 500 ETF | 0.27% | 303 | $208K | Reduce -93.6% |
| IWB iShares Russell 1000 ETF | 0.15% | 321 | $120K | Reduce -59.5% |
| EFA iShares MSCI Eafe ETF | 0.10% | 777 | $75K | Reduce -72.4% |
| QLC NT US Qual LC ETF | 0.07% | 701 | $57K | Reduce -11.4% |
| BNDC NT Core Bond ETF | 0.05% | 1,822 | $41K | Reduce -11.0% |
| TLTD NT Dev Exus Ftilt ETF | 0.04% | 375 | $35K | Reduce -11.6% |
| TDTT NT Iboxx 3Y Dur Tips ETF | 0.03% | 970 | $23K | Reduce -11.5% |
| TILT NT Mstar US Ftilt ETF | 0.02% | 75 | $19K | Reduce -10.7% |
| TLTE NT Emg MKTS Ftilt ETF | 0.02% | 206 | $13K | Reduce -12.3% |
| NFRA NT GLBL BRD Infra ETF | 0.01% | 166 | $10K | Reduce -11.7% |
| HYGV NT HY Val-SCRD BD ETF | 0.01% | 198 | $8K | Reduce -11.6% |
| RAVI NT Ultrashrt Fi ETF | 0.01% | 105 | $8K | Reduce -11.0% |
| GUNR NT Mstar GLBL NR ETF | 0.01% | 101 | $5K | Reduce -11.4% |
Portfolio Sells Q3 2025 → Q4 2025
| VTI VG Morningstar TS MKT ETF-US | Reduce -62.6% | 2.89% | −4.21 |
| IVV iShares Core S&P 500 ETF | Reduce -93.6% | 0.27% | −3.53 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Sold out | 0.00% | −1.50 |
| IJK iShares S&P Mid-Cap 400 Grow | Sold out | 0.00% | −0.89 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.73 |
| VOOV Vanguard S&P 500 Value ETF | Reduce -50.0% | 0.28% | −0.23 |
| EFA iShares MSCI Eafe ETF | Reduce -72.4% | 0.10% | −0.22 |
| IWB iShares Russell 1000 ETF | Reduce -59.5% | 0.15% | −0.19 |
| IWR iShares Russell Mid-Cap ETF | Sold out | 0.00% | −0.14 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -6.2% | 6.87% | −0.09 |
| OEF iShares S&P 100 ETF | Sold out | 0.00% | −0.06 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -22.5% | 0.29% | −0.06 |
| SCHH Schwab US REIT ETF | Sold out | 0.00% | −0.01 |
| BNDC NT Core Bond ETF | Reduce -11.0% | 0.05% | −0.00 |
| TDTT NT Iboxx 3Y Dur Tips ETF | Reduce -11.5% | 0.03% | −0.00 |
| QLC NT US Qual LC ETF | Reduce -11.4% | 0.07% | −0.00 |
| NFRA NT GLBL BRD Infra ETF | Reduce -11.7% | 0.01% | −0.00 |
| TLTE NT Emg MKTS Ftilt ETF | Reduce -12.3% | 0.02% | −0.00 |
| HYGV NT HY Val-SCRD BD ETF | Reduce -11.6% | 0.01% | −0.00 |
| TLTD NT Dev Exus Ftilt ETF | Reduce -11.6% | 0.04% | −0.00 |
| TILT NT Mstar US Ftilt ETF | Reduce -10.7% | 0.02% | −0.00 |
| RAVI NT Ultrashrt Fi ETF | Reduce -11.0% | 0.01% | −0.00 |
| GUNR NT Mstar GLBL NR ETF | Reduce -11.4% | 0.01% | −0.00 |
| TDVG T Rowe Price Dividend Growth | Reduce -7.9% | 0.77% | +0.00 |
| VXUS Vanguard Total Intl Stock | Reduce -3.0% | 0.82% | +0.05 |
| SCHB Schwab US Broad Market ETF | Reduce -3.5% | 1.07% | +0.05 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -3.0% | 19.61% | +1.07 |
Portfolio Buys Q3 2025 → Q4 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 38 | $137.2M | SPY, VTI, IEFA, AGG, NBOS |
| Q1 2026 | 25 | $91.9M | IEFA, SPY, NBOS, VXF, IVV |
| Q4 2025 | 30 | $78.1M | IEFA, SPY, NBOS, VXF, AGG |
| Q3 2025 | 34 | $83.1M | IEFA, NBOS, SPY, VXF, AGG |
| Q2 2025 | 37 | $102.0M | IVV, IEFA, NBOS, SPY, VXF |
| Q1 2025 | 38 | $99.9M | IVV, IEFA, NBOS, SPY, AGG |
| Q4 2024 | 40 | $120.6M | IVV, EFA, IEFA, SPY, IWM |
| Q3 2024 | 34 | $138.9M | IVV, AGG, EFA, IEFA, SPY |
| Q2 2024 | 36 | $132.7M | IVV, AGG, EFA, IEFA, SPY |
| Q1 2024 | 37 | $141.4M | IVV, AGG, EFA, IEFA, VSGX |