McCarthy Asset Management, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), McCarthy Asset Management, Inc. reported 27 stock positions worth $147.2 million. Its top holding was SS SPDR P St C Corp. ETF (SPSB) at 18.1% of the portfolio, followed by Vanguard Dividend Apprec ETF (VIG, 16.9%) and Schwab US DVD Equity ETF (SCHD, 15.2%). Compared with Q1 2025, it opened 2 new positions, added to 9 and reduced 13. The biggest buy was Vanguard Total Bond Market (BND, shares +33%) and the biggest sale Schwab US DVD Equity ETF (SCHD, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- REDWOOD SHORES, CA
- CIK
- 0001843169
- Portfolio Value
- $147.2M (Q2 2025)
- SEC Filing
- 0001095449-25-000055 ↗ filed Jul 31, 2025
Holdings Value
Holdings 27 stocks · $147.2M
| SPSB SS SPDR P St C Corp. ETF | 18.07% | 881,003 | $26.6M | Add +13.0% |
| VIG Vanguard Dividend Apprec ETF | 16.94% | 121,836 | $24.9M | Reduce -1.8% |
| SCHD Schwab US DVD Equity ETF | 15.17% | 842,718 | $22.3M | Reduce -4.5% |
| TCAF T Rowe PRC Cap Appreciation | 12.93% | 539,671 | $19.0M | Reduce -1.4% |
| BND Vanguard Total Bond Market | 7.12% | 142,280 | $10.5M | Add +33.0% |
| SCHG Schwab US Large-Cap Growth | 6.74% | 339,849 | $9.9M | Reduce -5.4% |
| DFAC Dimensional US Core Equity 2 | 3.89% | 159,757 | $5.7M | Reduce -2.4% |
| VXUS Vanguard Total Intl Stock | 3.23% | 68,821 | $4.8M | Add +5.4% |
| JPST JPMorgan Ultra-Short Income | 3.21% | 93,102 | $4.7M | Add +1.4% |
| IWF iShares Russell 1000 Growth | 3.13% | 10,838 | $4.6M | Reduce -1.4% |
| SCHM Schwab US Mid Cap ETF | 3.06% | 160,615 | $4.5M | Reduce -0.8% |
| SCHB Schwab US Broad Market ETF | 1.43% | 88,061 | $2.1M | Reduce -10.6% |
| JNJ Johnson & Johnson | 1.14% | 10,992 | $1.7M | Add +0.0% |
| IWB iShares Russell 1000 ETF | 0.90% | 3,916 | $1.3M | No change |
| CGGR Cap Group Growth Equity | 0.50% | 17,937 | $729K | Reduce -6.5% |
| AAPL Apple Inc. | 0.46% | 3,315 | $680K | Reduce -5.0% |
| MSFT Microsoft Corp. | 0.42% | 1,233 | $613K | No change |
| TSLA Tesla Inc. | 0.28% | 1,320 | $419K | No change |
| AMZN Amazon.com Inc. | 0.22% | 1,491 | $327K | Add +0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.21% | 622 | $302K | Reduce -5.9% |
| DFAX Dimensional World Ex US Core | 0.20% | 9,853 | $289K | Reduce -17.5% |
| GOOG Alphabet Inc. Class C | 0.17% | 1,397 | $248K | Reduce -10.8% |
| GOOGL Alphabet Inc. Class A | 0.17% | 1,381 | $243K | Add +0.1% |
| AMAT Applied Materials Inc. | 0.14% | 1,159 | $212K | New |
| COST Costco Wholesale Corp. | 0.14% | 204 | $202K | New |
| ET Energy Transfer LP | 0.13% | 10,561 | $191K | Add +0.3% |
| LAR Lithium Argentina AG | 0.03% | 21,150 | $44K | Add +6.5% |
Portfolio Sells Q1 2025 → Q2 2025
| SCHD Schwab US DVD Equity ETF | Reduce -4.5% | 15.17% | −2.70 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.8% | 16.94% | −0.50 |
| SCHB Schwab US Broad Market ETF | Reduce -10.6% | 1.43% | −0.11 |
| AAPL Apple Inc. | Reduce -5.0% | 0.46% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -5.9% | 0.21% | −0.05 |
| DFAX Dimensional World Ex US Core | Reduce -17.5% | 0.20% | −0.03 |
| DFAC Dimensional US Core Equity 2 | Reduce -2.4% | 3.89% | −0.02 |
| SCHM Schwab US Mid Cap ETF | Reduce -0.8% | 3.06% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -10.8% | 0.17% | −0.01 |
| CGGR Cap Group Growth Equity | Reduce -6.5% | 0.50% | +0.02 |
| TCAF T Rowe PRC Cap Appreciation | Reduce -1.4% | 12.93% | +0.14 |
| SCHG Schwab US Large-Cap Growth | Reduce -5.4% | 6.74% | +0.23 |
| IWF iShares Russell 1000 Growth | Reduce -1.4% | 3.13% | +0.25 |
Portfolio Buys Q1 2025 → Q2 2025
| BND Vanguard Total Bond Market | Add +33.0% | 7.12% | +1.43 |
| SPSB SS SPDR P St C Corp. ETF | Add +13.0% | 18.07% | +1.07 |
| VXUS Vanguard Total Intl Stock | Add +5.4% | 3.23% | +0.29 |
| AMAT Applied Materials Inc. | New | 0.14% | +0.14 |
| COST Costco Wholesale Corp. | New | 0.14% | +0.14 |
| AMZN Amazon.com Inc. | Add +0.7% | 0.22% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +0.1% | 0.17% | +0.01 |
| LAR Lithium Argentina AG | Add +6.5% | 0.03% | −0.00 |
| ET Energy Transfer LP | Add +0.3% | 0.13% | −0.01 |
| JPST JPMorgan Ultra-Short Income | Add +1.4% | 3.21% | −0.16 |
| JNJ Johnson & Johnson | Add +0.0% | 1.14% | −0.18 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 29 | $211.0M | VIG, VCSH, SCHD, TCAF, VXUS |
| Q4 2025 | 27 | $191.6M | VIG, VCSH, SCHD, TCAF, VXUS |
| Q3 2025 | 26 | $155.8M | SPSB, VIG, SCHD, TCAF, SCHG |
| Q2 2025 | 27 | $147.2M | SPSB, VIG, SCHD, TCAF, BND |
| Q1 2025 | 25 | $138.1M | SCHD, VIG, SPSB, TCAF, SCHG |
| Q4 2024 | 25 | $141.7M | VIG, SCHD, SPSB, TCAF, SCHG |
| Q3 2024 | 35 | $160.8M | VIG, SCHD, SPSB, JPST, TCAF |
| Q2 2024 | 39 | $169.6M | VIG, SCHD, JPST, SPSB, TCAF |
| Q1 2024 | 39 | $162.5M | JPST, SCHD, VIG, TCAF, GILD |