Morling Financial Advisors, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Morling Financial Advisors, LLC reported 120 stock positions worth $290.3 million. Its top holding was SS Doubleline TR Tact ETF (TOTL) at 12.6% of the portfolio, followed by First Trust Smith Unconstrai (UCON, 10.8%) and VG Morningstar TS MKT ETF-US (VTI, 10.6%). Compared with Q4 2024, it opened 19 new positions, sold out of 20, added to 42 and reduced 29. The biggest buy was Dimensional Emerging Core Eq (DFAE, shares +8%) and the biggest sale SS Doubleline TR Tact ETF (TOTL, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- FREMONT, CA
- CIK
- 0001905198
- Portfolio Value
- $290.3M (Q1 2025)
- SEC Filing
- 0001398344-25-008787 ↗ filed May 6, 2025
Holdings Value
Holdings 120 stocks · $290.3M
| TOTL SS Doubleline TR Tact ETF | 12.64% | 911,008 | $36.7M | Reduce -5.8% |
| UCON First Trust Smith Unconstrai | 10.83% | 1,270,289 | $31.4M | Add +6.2% |
| VTI VG Morningstar TS MKT ETF-US | 10.64% | 112,408 | $30.9M | Add +4.1% |
| VGSH Vanguard Short-Term Treasury | 6.85% | 338,778 | $19.9M | Add +7.0% |
| DFAU Dimensional US Core Equity M | 6.79% | 512,961 | $19.7M | Add +2.0% |
| DFAE Dimensional Emerging Core Eq | 6.48% | 726,123 | $18.8M | Add +8.4% |
| MTBA Simplify MBS ETF | 5.19% | 300,403 | $15.1M | Add +6.7% |
| COIN Coinbase Global Inc. Class A | 4.20% | 70,800 | $12.2M | Add +0.1% |
| DFAI Dimensional International Co. | 3.73% | 347,068 | $10.8M | Add +4.6% |
| AAPL Apple Inc. | 3.59% | 46,929 | $10.4M | Add +11.0% |
| SCHX Schwab US Large-Cap ETF | 3.57% | 469,418 | $10.4M | Add +0.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 2.59% | 114,367 | $7.5M | Reduce -0.8% |
| IVV iShares Core S&P 500 ETF | 1.84% | 9,491 | $5.3M | Reduce -0.8% |
| ITOT iShares Core S&P Total U.S. | 1.83% | 43,589 | $5.3M | Reduce -0.6% |
| AVUS Avantis U.S. Equity ETF | 1.72% | 54,078 | $5.0M | Reduce -1.7% |
| IEMG iShares Core MSCI Emerging | 1.30% | 69,726 | $3.8M | Reduce -1.7% |
| VEA Vanguard Ftse Developed ETF | 1.04% | 59,400 | $3.0M | Reduce -0.5% |
| META Meta Platforms Inc. Class A | 0.89% | 4,470 | $2.6M | Reduce -15.2% |
| NVDA Nvidia Corp. | 0.78% | 20,760 | $2.3M | Add +41.8% |
| AMZN Amazon.com Inc. | 0.74% | 11,277 | $2.1M | Add +30.0% |
| MSFT Microsoft Corp. | 0.63% | 4,865 | $1.8M | Add +59.9% |
| GOOG Alphabet Inc. Class C | 0.53% | 9,899 | $1.5M | Add +85.3% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.48% | 20,614 | $1.4M | Reduce -1.3% |
| DFSU Dimensional US Sus CORE1 ETF | 0.48% | 38,707 | $1.4M | Add +35.5% |
| GOOGL Alphabet Inc. Class A | 0.45% | 8,507 | $1.3M | Add +385.0% |
| ESGU iShares ESG Aware MSCI USA | 0.45% | 10,790 | $1.3M | Add +4.1% |
| JPM JPMorgan Chase & Co. | 0.45% | 5,302 | $1.3M | Add +178.0% |
| SCHB Schwab US Broad Market ETF | 0.37% | 49,561 | $1.1M | Reduce -0.9% |
| SCHD Schwab US DVD Equity ETF | 0.36% | 37,602 | $1.1M | No change |
| VOO Vanguard S&P 500 ETF | 0.34% | 1,921 | $987K | No change |
| VIG Vanguard Dividend Apprec ETF | 0.31% | 4,666 | $905K | Reduce -2.2% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.28% | 29,535 | $814K | Reduce -0.1% |
| VWO Vanguard Ftse Emerging Marke | 0.28% | 17,858 | $808K | Add +16.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.27% | 1,392 | $779K | No change |
| CALX Calix Inc. | 0.26% | 21,160 | $750K | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.24% | 1,298 | $691K | Add +35.9% |
| DFSE Dimensional Em Sus CORE1 ETF | 0.23% | 19,945 | $672K | Add +34.4% |
| SPEM State Street SP PTF Em ETF | 0.22% | 16,304 | $642K | Reduce -1.2% |
| ESGE iShares Inc. iShares ESG Awar | 0.22% | 18,137 | $634K | Add +10.4% |
| UBER Uber Technologies Inc. | 0.21% | 8,212 | $598K | Reduce -1.9% |
| RDDT Reddit Inc. Class A | 0.20% | 5,487 | $576K | Add +3.8% |
| CMG Chipotle Mexican Grill Inc. | 0.18% | 10,407 | $523K | Add +10.8% |
| NOW ServiceNow Inc. | 0.18% | 647 | $515K | Add +23.7% |
| SCHF Schwab Intl Equity ETF | 0.18% | 25,814 | $511K | Add +206.8% |
| DFAC Dimensional US Core Equity 2 | 0.16% | 14,490 | $478K | Reduce -0.0% |
| LLY Eli Lilly & Co. | 0.16% | 567 | $468K | Add +113.2% |
| EXFY Expensify Inc. Class A | 0.16% | 149,024 | $453K | No change |
| CRM Salesforce Inc. | 0.16% | 1,685 | $452K | Add +25.8% |
| NFLX Netflix Inc. | 0.15% | 469 | $437K | Add +39.2% |
| PRF Invesco Rafi US 1000 ETF | 0.15% | 10,820 | $437K | No change |
| TSLA Tesla Inc. | 0.14% | 1,603 | $415K | Add +90.6% |
| ESGD iShares Trust iShares ESG Aw | 0.14% | 4,871 | $398K | Add +11.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.14% | 1,121 | $395K | Add +3.3% |
| ABNB Airbnb Inc. Class A | 0.14% | 3,306 | $395K | Reduce -50.9% |
| UNH Unitedhealth Group Inc. | 0.14% | 753 | $394K | New |
| SPOT Spotify Technology SA | 0.13% | 708 | $389K | Add +36.9% |
| DFEM Dimensional Emrg MRKT Core | 0.13% | 14,455 | $382K | No change |
| ISRG Intuitive Surgical Inc. | 0.13% | 767 | $380K | Add +16.2% |
| DFSI Dimensional Int Sus COR1 ETF | 0.13% | 10,781 | $376K | Add +29.4% |
| CHT Chunghwa Telecom LT-Spon ADR | 0.13% | 9,474 | $371K | New |
| COST Costco Wholesale Corp. | 0.12% | 380 | $359K | New |
| GE General Electric filed as GE AEROSPACE | 0.12% | 1,746 | $349K | New |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.12% | 6,104 | $336K | Reduce -11.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.11% | 1,999 | $332K | Add +67.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.11% | 7,821 | $326K | Add +8.1% |
| AVGO Broadcom Inc. | 0.11% | 1,901 | $318K | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.11% | 840 | $311K | Reduce -15.2% |
| EFA iShares MSCI Eafe ETF | 0.10% | 3,692 | $302K | Add +1.9% |
| PDP Invesco Dorsey Wright Moment | 0.10% | 2,933 | $293K | No change |
| V Visa Inc. Class A | 0.10% | 823 | $288K | New |
| ABBV Abbvie Inc. | 0.10% | 1,370 | $287K | New |
| VB Vanguard Most SM-Cap ETF-Usd | 0.09% | 1,155 | $256K | Reduce -25.7% |
| SCHW Schwab (charles) Corp. | 0.08% | 3,070 | $240K | New |
| WMT Walmart Inc. | 0.08% | 2,635 | $231K | New |
| IBN Icici Bank Ltd.-Spon ADR | 0.08% | 7,206 | $227K | New |
| IWM iShares Russell 2000 ETF | 0.08% | 1,112 | $222K | Add +134.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.07% | 2,194 | $217K | Reduce -7.1% |
| MA Mastercard Inc. Class A | 0.07% | 374 | $205K | New |
| QQQ Invesco QQQ Trust Series 1 | 0.07% | 433 | $203K | Reduce -58.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.06% | 651 | $168K | Reduce -1.5% |
| NVG Nuveen Amt-FR Muni CRDT | 0.06% | 13,486 | $167K | Reduce -26.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.05% | 901 | $156K | Reduce -5.3% |
| ESGV Vanguard ESG US Stock ETF | 0.05% | 1,524 | $149K | No change |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.05% | 1,781 | $143K | No change |
| IWF iShares Russell 1000 Growth | 0.04% | 354 | $128K | No change |
| IJH iShares Core S&P Midcap ETF | 0.04% | 2,011 | $117K | No change |
| IJR iShares Core S&P Small-Cap E | 0.04% | 1,088 | $114K | Reduce -1.8% |
| WIT Wipro Ltd.-ADR | 0.04% | 37,178 | $114K | New |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.04% | 2,926 | $107K | Reduce -3.9% |
| VNQ Vanguard Real Estate ETF | 0.04% | 1,162 | $105K | Reduce -1.7% |
| TLT iShares 20+ Year Treasury BD | 0.03% | 1,024 | $93K | Add +0.7% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.03% | 761 | $91K | No change |
| IJK iShares S&P Mid-Cap 400 Grow | 0.03% | 1,082 | $90K | No change |
| SCHA Schwab US Small-Cap ETF | 0.03% | 3,230 | $76K | Add +169.2% |
| RSP Invesco S&P 500 Equal Weight | 0.02% | 409 | $71K | No change |
| SCHG Schwab US Large-Cap Growth | 0.02% | 2,784 | $70K | No change |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.02% | 325 | $61K | No change |
| VSGX Vanguard ESG Intl Stock ETF | 0.02% | 916 | $54K | No change |
| VNQI Vanguard GLBL Ex-US Real Est | 0.02% | 1,296 | $52K | Add +129500.0% |
| IWR iShares Russell Mid-Cap ETF | 0.02% | 600 | $51K | Reduce -2.0% |
Options reported separately and not counted above: TSLA puts ($259K).
Portfolio Sells Q4 2024 → Q1 2025
| TOTL SS Doubleline TR Tact ETF | Reduce -5.8% | 12.64% | −0.64 |
| META Meta Platforms Inc. Class A | Reduce -15.2% | 0.89% | −0.19 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -0.8% | 2.59% | −0.18 |
| ET Energy Transfer LP | Sold out | 0.00% | −0.17 |
| ABNB Airbnb Inc. Class A | Reduce -50.9% | 0.14% | −0.17 |
| GBTC Grayscale Bitcoin Trust ETF | Sold out | 0.00% | −0.15 |
| AVUS Avantis U.S. Equity ETF | Reduce -1.7% | 1.72% | −0.14 |
| ITOT iShares Core S&P Total U.S. | Reduce -0.6% | 1.83% | −0.13 |
| IVV iShares Core S&P 500 ETF | Reduce -0.8% | 1.84% | −0.13 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -58.9% | 0.07% | −0.12 |
| EGY Vaalco Energy Inc. | Sold out | 0.00% | −0.10 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.07 |
| ABR Arbor Realty Trust Inc. | Sold out | 0.00% | −0.07 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -25.7% | 0.09% | −0.04 |
| JPC Nuveen Prefered & Income Opp | Sold out | 0.00% | −0.04 |
| XLK SS Technology Select Sector | Sold out | 0.00% | −0.04 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -1.3% | 0.48% | −0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -15.2% | 0.11% | −0.03 |
| SCHB Schwab US Broad Market ETF | Reduce -0.9% | 0.37% | −0.03 |
| NVG Nuveen Amt-FR Muni CRDT | Reduce -26.9% | 0.06% | −0.02 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -11.9% | 0.12% | −0.02 |
| DIS The Walt Disney Co. | Reduce -7.1% | 0.07% | −0.02 |
| FNDA Schwab Fndmntl US SM Co. ETF | Sold out | 0.00% | −0.02 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.2% | 0.31% | −0.01 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.01 |
| EDV Vanguard Extended Dur Treas | Sold out | 0.00% | −0.01 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.01 |
| IGM iShares Expanded Tech Sector | Sold out | 0.00% | −0.01 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.01 |
| DFAC Dimensional US Core Equity 2 | Reduce -0.0% | 0.16% | −0.01 |
| AVLV Avantis US Large Cap Value | Sold out | 0.00% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.8% | 0.04% | −0.01 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.00 |
| AVSC Avantis US Small Cap Equity | Sold out | 0.00% | −0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -1.5% | 0.06% | −0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -5.3% | 0.05% | −0.00 |
| XLY SS Consumer Disc Select Sect | Sold out | 0.00% | −0.00 |
| VT Vanguard Tot World STK ETF | Sold out | 0.00% | −0.00 |
| IWR iShares Russell Mid-Cap ETF | Reduce -2.0% | 0.02% | −0.00 |
| KRE SS SPDR S&P Regional Bank | Sold out | 0.00% | −0.00 |
| FXI iShares China Large-Cap ETF | Reduce -64.7% | 0.00% | −0.00 |
| XLP SS Consumer Staples Sel Sect | Sold out | 0.00% | −0.00 |
| VNQ Vanguard Real Estate ETF | Reduce -1.7% | 0.04% | −0.00 |
| SPEM State Street SP PTF Em ETF | Reduce -1.2% | 0.22% | +0.00 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -3.9% | 0.04% | +0.00 |
| IEMG iShares Core MSCI Emerging | Reduce -1.7% | 1.30% | +0.01 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -0.1% | 0.28% | +0.01 |
| UBER Uber Technologies Inc. | Reduce -1.9% | 0.21% | +0.03 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.5% | 1.04% | +0.04 |
Portfolio Buys Q4 2024 → Q1 2025
| DFAE Dimensional Emerging Core Eq | Add +8.4% | 6.48% | +0.55 |
| UCON First Trust Smith Unconstrai | Add +6.2% | 10.83% | +0.55 |
| VGSH Vanguard Short-Term Treasury | Add +7.0% | 6.85% | +0.43 |
| DFAI Dimensional International Co. | Add +4.6% | 3.73% | +0.36 |
| GOOGL Alphabet Inc. Class A | Add +385.0% | 0.45% | +0.34 |
| MTBA Simplify MBS ETF | Add +6.7% | 5.19% | +0.31 |
| JPM JPMorgan Chase & Co. | Add +178.0% | 0.45% | +0.29 |
| CALX Calix Inc. | New | 0.26% | +0.26 |
| MSFT Microsoft Corp. | Add +59.9% | 0.63% | +0.18 |
| GOOG Alphabet Inc. Class C | Add +85.3% | 0.53% | +0.18 |
| UNH Unitedhealth Group Inc. | New | 0.14% | +0.14 |
| CHT Chunghwa Telecom LT-Spon ADR | New | 0.13% | +0.13 |
| COST Costco Wholesale Corp. | New | 0.12% | +0.12 |
| SCHF Schwab Intl Equity ETF | Add +206.8% | 0.18% | +0.12 |
| GE General Electric | New | 0.12% | +0.12 |
| AVGO Broadcom Inc. | New | 0.11% | +0.11 |
| DFSU Dimensional US Sus CORE1 ETF | Add +35.5% | 0.48% | +0.10 |
| V Visa Inc. Class A | New | 0.10% | +0.10 |
| ABBV Abbvie Inc. | New | 0.10% | +0.10 |
| LLY Eli Lilly & Co. | Add +113.2% | 0.16% | +0.09 |
| NVDA Nvidia Corp. | Add +41.8% | 0.78% | +0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +35.9% | 0.24% | +0.09 |
| SCHW Schwab (charles) Corp. | New | 0.08% | +0.08 |
| WMT Walmart Inc. | New | 0.08% | +0.08 |
| IBN Icici Bank Ltd.-Spon ADR | New | 0.08% | +0.08 |
| AMZN Amazon.com Inc. | Add +30.0% | 0.74% | +0.08 |
| MA Mastercard Inc. Class A | New | 0.07% | +0.07 |
| DFSE Dimensional Em Sus CORE1 ETF | Add +34.4% | 0.23% | +0.06 |
| SPOT Spotify Technology SA | Add +36.9% | 0.13% | +0.05 |
| NFLX Netflix Inc. | Add +39.2% | 0.15% | +0.05 |
| VWO Vanguard Ftse Emerging Marke | Add +16.3% | 0.28% | +0.04 |
| IWM iShares Russell 2000 ETF | Add +134.1% | 0.08% | +0.04 |
| WIT Wipro Ltd.-ADR | New | 0.04% | +0.04 |
| DFSI Dimensional Int Sus COR1 ETF | Add +29.4% | 0.13% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +67.3% | 0.11% | +0.03 |
| ESGE iShares Inc. iShares ESG Awar | Add +10.4% | 0.22% | +0.03 |
| TSLA Tesla Inc. | Add +90.6% | 0.14% | +0.02 |
| ESGD iShares Trust iShares ESG Aw | Add +11.1% | 0.14% | +0.02 |
| VNQI Vanguard GLBL Ex-US Real Est | Add +129500.0% | 0.02% | +0.02 |
| SCHA Schwab US Small-Cap ETF | Add +169.2% | 0.03% | +0.02 |
| VSS Vanguard Ftse All Wo X-US SC | New | 0.02% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +16.2% | 0.13% | +0.01 |
| SCHO Schwab Short-Term US Treas | New | 0.01% | +0.01 |
| EFA iShares MSCI Eafe ETF | Add +1.9% | 0.10% | +0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +3.3% | 0.14% | +0.01 |
| SCHP Schwab U.S. Tips ETF | New | 0.00% | +0.00 |
| VGIT Vanguard Intermediate-Term T | New | 0.00% | +0.00 |
| EBND State Street SPDR Bloomberg | New | 0.00% | +0.00 |
| VGLT Vanguard Long-Term Treasury | New | 0.00% | +0.00 |
| BAC Bank of America Corp. | Add +8.1% | 0.11% | +0.00 |
Options Activity Q4 2024 → Q1 2025
| TSLA Tesla Inc. | put | New | 1,000 | $259K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 122 | $359.0M | VTI, TOTL, FLXR, VGSH, DFAE |
| Q1 2026 | 107 | $324.4M | TOTL, VTI, FLXR, VGSH, DFAE |
| Q4 2025 | 102 | $317.1M | VTI, TOTL, FLXR, VGSH, DFAU |
| Q3 2025 | 104 | $301.3M | VTI, TOTL, FLXR, VGSH, DFAU |
| Q2 2025 | 101 | $305.0M | TOTL, VTI, FLXR, COIN, VGSH |
| Q1 2025 | 120 | $290.3M | TOTL, UCON, VTI, VGSH, DFAU |
| Q4 2024 | 121 | $286.8M | TOTL, VTI, UCON, DFAU, VGSH |
| Q3 2024 | 100 | $262.4M | TOTL, UCON, VTI, DFAU, VGSH |
| Q2 2024 | 90 | $229.4M | TOTL, VTI, UCON, DFAU, COIN |
| Q1 2024 | 103 | $174.9M | VTI, COIN, DFAU, VGSH, DFAE |