Morling Financial Advisors, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Morling Financial Advisors, LLC reported 104 stock positions worth $301.3 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 13.0% of the portfolio, followed by SS Doubleline TR Tact ETF (TOTL, 12.7%) and TCW Flexible Income ETF (FLXR, 9.2%). Compared with Q2 2025, it opened 15 new positions, sold out of 12, added to 23 and reduced 43. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +3%) and the biggest sale an exit from Coinbase Global Class A (COIN).

Most Recent 13F
Q2 2026
Location
FREMONT, CA
CIK
0001905198
Portfolio Value
$301.3M (Q3 2025)
SEC Filing
0001398344-25-020301 ↗ filed Nov 4, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $174.9M Q1 2024 Q2 2024: $229.4M Q2 2024 Q3 2024: $262.4M Q3 2024 Q4 2024: $286.8M Q4 2024 Q1 2025: $290.3M Q1 2025 Q2 2025: $305.0M Q2 2025 Q3 2025: $301.3M $301.3M Q3 2025 Q4 2025: $317.1M Q4 2025 Q1 2026: $324.4M Q1 2026 Q2 2026: $359.0M Q2 2026

Holdings 104 stocks · $301.3M
VTI VG Morningstar TS MKT ETF-US 13.02% 119,501 $39.2M Add +3.4%
TOTL SS Doubleline TR Tact ETF 12.68% 942,042 $38.2M Add +5.5%
FLXR TCW Flexible Income ETF 9.15% 692,779 $27.6M Add +3.5%
VGSH Vanguard Short-Term Treasury 8.54% 437,192 $25.7M Add +7.2%
DFAU Dimensional US Core Equity M 7.92% 521,207 $23.9M Add +0.5%
DFAE Dimensional Emerging Core Eq 7.70% 735,865 $23.2M Add +1.2%
MTBA Simplify MBS ETF 5.22% 312,331 $15.7M Add +5.9%
DFAI Dimensional International Co. 4.17% 345,495 $12.6M Add +3.4%
SCHX Schwab US Large-Cap ETF 3.92% 448,166 $11.8M Reduce -0.2%
AAPL Apple Inc. 3.44% 40,761 $10.4M Reduce -2.3%
SPYM Ste STR SPDR PT S&P 500 ETF 2.90% 111,711 $8.8M Reduce -1.9%
AVUS Avantis U.S. Equity ETF 1.99% 55,025 $6.0M Reduce -0.0%
IVV iShares Core S&P 500 ETF 1.87% 8,423 $5.6M Reduce -9.7%
IEMG iShares Core MSCI Emerging 1.52% 69,640 $4.6M Reduce -1.0%
TSLA Tesla Inc. 1.27% 8,581 $3.8M Reduce -35.5%
VEA Vanguard Ftse Developed ETF 1.16% 58,236 $3.5M Reduce -0.5%
ITOT iShares Core S&P Total U.S. 0.84% 17,349 $2.5M No change
NVDA Nvidia Corp. 0.70% 11,293 $2.1M Reduce -11.2%
ESGU iShares ESG Aware MSCI USA 0.60% 12,348 $1.8M Reduce -0.4%
GOOG Alphabet Inc. Class C 0.58% 7,229 $1.8M Reduce -7.3%
AMZN Amazon.com Inc. 0.58% 7,975 $1.8M Reduce -7.1%
DFSU Dimensional US Sus CORE1 ETF 0.58% 41,117 $1.7M Add +2.2%
SPTM SS SPDR P S&P 1500 Comp ETF 0.49% 18,376 $1.5M Reduce -10.5%
SCHB Schwab US Broad Market ETF 0.49% 57,069 $1.5M Reduce -1.3%
RDDT Reddit Inc. Class A 0.42% 5,482 $1.3M No change
MSFT Microsoft Corp. 0.41% 2,394 $1.2M Reduce -16.1%
VOO Vanguard S&P 500 ETF 0.39% 1,914 $1.2M Reduce -0.4%
META Meta Platforms Inc. Class A 0.36% 1,465 $1.1M Reduce -7.8%
SCHE Schwab Emrg Mrkts Eqty ETF 0.33% 29,392 $981K No change
VIG Vanguard Dividend Apprec ETF 0.32% 4,496 $970K Reduce -1.7%
SCHD Schwab US DVD Equity ETF 0.32% 35,014 $956K Reduce -3.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.31% 1,392 $927K No change
DFSE Dimensional Em Sus CORE1 ETF 0.27% 20,010 $822K Add +0.3%
VWO Vanguard Ftse Emerging Marke 0.27% 15,019 $814K Reduce -1.5%
GOOGL Alphabet Inc. Class A 0.27% 3,287 $799K Reduce -13.1%
ESGE iShares Inc. iShares ESG Awar 0.26% 17,815 $774K Reduce -1.3%
SPEM State Street SP PTF Em ETF 0.25% 15,855 $742K Reduce -2.2%
UBER Uber Technologies Inc. 0.22% 6,886 $675K Reduce -1.3%
JPM JPMorgan Chase & Co. 0.19% 1,814 $572K Reduce -6.6%
DFAC Dimensional US Core Equity 2 0.19% 14,490 $559K No change
CRWD CrowdStrike Holdings Inc. Class A 0.18% 1,085 $532K Reduce -0.3%
SAND Sandstorm Gold Ltd. 0.16% 39,600 $496K Add +61.6%
PRF Invesco Rafi US 1000 ETF 0.16% 10,820 $489K No change
BRK.B Berkshire Hathaway Inc. Class B 0.16% 953 $479K Add +17.2%
DFEM Dimensional Emrg MRKT Core 0.15% 14,529 $466K Reduce -2.8%
NOW ServiceNow Inc. 0.15% 494 $455K Add +1.9%
DFSI Dimensional Int Sus COR1 ETF 0.15% 10,879 $445K Add +0.6%
ESGD iShares Trust iShares ESG Aw 0.14% 4,662 $434K Reduce -0.0%
NFLX Netflix Inc. 0.13% 335 $402K Reduce -6.4%
UCON First Trust Smith Unconstrai 0.13% 15,222 $383K Reduce -9.8%
EMXC iShares MSCI Emr MRK Ex Chna 0.12% 5,509 $372K No change
CMG Chipotle Mexican Grill Inc. 0.12% 9,250 $363K Reduce -0.6%
PDP Invesco Dorsey Wright Moment 0.11% 2,933 $346K No change
SPOT Spotify Technology SA 0.11% 492 $343K Reduce -1.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.11% 6,308 $325K Reduce -1.6%
EFA iShares MSCI Eafe ETF 0.11% 3,443 $321K No change
ISRG Intuitive Surgical Inc. 0.10% 705 $315K Reduce -4.2%
ABNB Airbnb Inc. Class A 0.09% 2,284 $277K Reduce -0.4%
EXFY Expensify Inc. Class A 0.09% 149,024 $276K No change
CRM Salesforce Inc. 0.09% 1,142 $271K Reduce -15.8%
SPPP Sprott Physical Platinum And 0.09% 19,000 $258K New
GE General Electric filed as GE AEROSPACE 0.08% 795 $239K Reduce -7.9%
ABBV Abbvie Inc. 0.08% 980 $227K New
IBIT iShares Bitcoin Trust ETF 0.07% 3,461 $225K New
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.07% 762 $224K Add +17.1%
SCHW Schwab (charles) Corp. 0.07% 2,300 $220K Reduce -3.6%
CDNS Cadence Design SYS Inc. 0.07% 600 $211K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 1,757 $201K Reduce -4.7%
SCHF Schwab Intl Equity ETF 0.06% 8,221 $191K Add +0.0%
TLT iShares 20+ Year Treasury BD 0.06% 2,047 $183K Add +97.6%
NVG Nuveen Amt-FR Muni CRDT 0.06% 14,027 $172K Add +2.0%
SCHO Schwab Short-Term US Treas 0.06% 6,911 $169K Add +40.1%
SPYG SS SPDR P S&P 500 Growth ETF 0.05% 1,574 $164K Reduce -11.6%
IWF iShares Russell 1000 Growth 0.05% 307 $144K Reduce -34.8%
IJH iShares Core S&P Midcap ETF 0.04% 2,011 $131K No change
IJR iShares Core S&P Small-Cap E 0.04% 1,098 $130K Add +0.9%
SPDW Ste STR SPDR PT DW Eu ETF 0.04% 2,912 $125K No change
VB Vanguard Most SM-Cap ETF-Usd 0.04% 485 $123K Reduce -45.4%
IWM iShares Russell 2000 ETF 0.04% 475 $115K Reduce -13.2%
RSP Invesco S&P 500 Equal Weight 0.03% 409 $78K No change
IWR iShares Russell Mid-Cap ETF 0.02% 701 $68K Add +16.8%
VUG Vanguard Mrngstar GR ETF-Sui 0.02% 128 $61K New
SDY SS SPDR S&P Dividend ETF 0.02% 353 $49K No change
AGG iShares Core U.S. Aggregate 0.02% 491 $49K New
AXTI Axt Inc. 0.01% 10,000 $45K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.01% 216 $40K Add +21500.0%
SCHA Schwab US Small-Cap ETF 0.01% 1,201 $34K Add +0.1%
VT Vanguard Tot World STK ETF 0.01% 229 $32K No change
IVW iShares S&P 500 Growth ETF 0.01% 234 $28K No change
IVLU iShares MSCI International V 0.00% 397 $14K No change
IWN iShares Russell 2000 Value E 0.00% 78 $14K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.00% 38 $12K New
EEM iShares MSCI Emerging Market 0.00% 186 $10K No change
ICF iShares Select U.S. REIT ETF 0.00% 150 $9K No change
IWB iShares Russell 1000 ETF 0.00% 20 $7K New
AVDV Avantis Intl S/C Value ETF 0.00% 30 $3K New
FXI iShares China Large-Cap ETF 0.00% 60 $2K No change
IWV iShares Russell 3000 ETF 0.00% 1 $379 New
IDEV iShares Core MSCI Dev MKTS 0.00% 1 $63 No change
SPIB SS SPDR P Int C Corp. ETF 0.00% 1 $30 New
FNDA Schwab Fndmntl US SM Co. ETF 0.00% 1 $27 New
SCHP Schwab U.S. Tips ETF 0.00% 1 $23 New
EBND State Street SPDR Bloomberg 0.00% 1 $21 New
SCHR Schwab Intermediate-Term US 0.00% 1 $15 New

Options reported separately and not counted above: TSLA puts ($1.1M).

Portfolio Sells Q2 2025 → Q3 2025
COIN Coinbase Global Inc. Class A Sold out 0.00% −8.08
TSLA Tesla Inc. Reduce -35.5% 1.27% −0.12
XLK SS Technology Select Sector Sold out 0.00% −0.08
QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −0.07
DVY iShares Select Dividend ETF Sold out 0.00% −0.06
MSFT Microsoft Corp. Reduce -16.1% 0.41% −0.05
CMG Chipotle Mexican Grill Inc. Reduce -0.6% 0.12% −0.05
AMZN Amazon.com Inc. Reduce -7.1% 0.58% −0.04
SOXX iShares Semiconductor ETF Sold out 0.00% −0.03
CRM Salesforce Inc. Reduce -15.8% 0.09% −0.03
VB Vanguard Most SM-Cap ETF-Usd Reduce -45.4% 0.04% −0.03
IVV iShares Core S&P 500 ETF Reduce -9.7% 1.87% −0.03
META Meta Platforms Inc. Class A Reduce -7.8% 0.36% −0.03
ISRG Intuitive Surgical Inc. Reduce -4.2% 0.10% −0.03
NFLX Netflix Inc. Reduce -6.4% 0.13% −0.02
IWF iShares Russell 1000 Growth Reduce -34.8% 0.05% −0.02
SPTM SS SPDR P S&P 1500 Comp ETF Reduce -10.5% 0.49% −0.01
SPOT Spotify Technology SA Reduce -1.8% 0.11% −0.01
UCON First Trust Smith Unconstrai Reduce -9.8% 0.13% −0.01
DIS The Walt Disney Co. Reduce -4.7% 0.07% −0.01
ABNB Airbnb Inc. Class A Reduce -0.4% 0.09% −0.01
XLF SS Financial Select Sector Sold out 0.00% −0.01
XLV SS Health Care Select Sector Sold out 0.00% −0.01
CRWD CrowdStrike Holdings Inc. Class A Reduce -0.3% 0.18% −0.01
XSD SS SPDR S&P Semiconductor Sold out 0.00% −0.00
SRLN SS Blackstone Sr Loan ETF Sold out 0.00% −0.00
SPYG SS SPDR P S&P 500 Growth ETF Reduce -11.6% 0.05% −0.00
XLP SS Consumer Staples Sel Sect Sold out 0.00% −0.00
IWM iShares Russell 2000 ETF Reduce -13.2% 0.04% −0.00
VNQI Vanguard GLBL Ex-US Real Est Sold out 0.00% 0.00
VOE Vngrd Mrngstr MD-Cap Val ETF Sold out 0.00% 0.00
SCHW Schwab (charles) Corp. Reduce -3.6% 0.07% +0.00
SCHD Schwab US DVD Equity ETF Reduce -3.0% 0.32% +0.00
JPM JPMorgan Chase & Co. Reduce -6.6% 0.19% +0.01
GE General Electric Reduce -7.9% 0.08% +0.01
ESGD iShares Trust iShares ESG Aw Reduce -0.0% 0.14% +0.01
BAC Bank of America Corp. Reduce -1.6% 0.11% +0.01
DFEM Dimensional Emrg MRKT Core Reduce -2.8% 0.15% +0.01
UBER Uber Technologies Inc. Reduce -1.3% 0.22% +0.01
VIG Vanguard Dividend Apprec ETF Reduce -1.7% 0.32% +0.02
SPEM State Street SP PTF Em ETF Reduce -2.2% 0.25% +0.02
VWO Vanguard Ftse Emerging Marke Reduce -1.5% 0.27% +0.02
ESGE iShares Inc. iShares ESG Awar Reduce -1.3% 0.26% +0.03
VOO Vanguard S&P 500 ETF Reduce -0.4% 0.39% +0.03
SCHB Schwab US Broad Market ETF Reduce -1.3% 0.49% +0.04
NVDA Nvidia Corp. Reduce -11.2% 0.70% +0.04
ESGU iShares ESG Aware MSCI USA Reduce -0.4% 0.60% +0.05
GOOGL Alphabet Inc. Class A Reduce -13.1% 0.27% +0.05
VEA Vanguard Ftse Developed ETF Reduce -0.5% 1.16% +0.06
GOOG Alphabet Inc. Class C Reduce -7.3% 0.58% +0.13

Portfolio Buys Q2 2025 → Q3 2025
VTI VG Morningstar TS MKT ETF-US Add +3.4% 13.02% +1.50
TOTL SS Doubleline TR Tact ETF Add +5.5% 12.68% +0.94
DFAE Dimensional Emerging Core Eq Add +1.2% 7.70% +0.80
DFAU Dimensional US Core Equity M Add +0.5% 7.92% +0.71
VGSH Vanguard Short-Term Treasury Add +7.2% 8.54% +0.68
FLXR TCW Flexible Income ETF Add +3.5% 9.15% +0.50
DFAI Dimensional International Co. Add +3.4% 4.17% +0.38
MTBA Simplify MBS ETF Add +5.9% 5.22% +0.37
SAND Sandstorm Gold Ltd. Add +61.6% 0.16% +0.09
SPPP Sprott Physical Platinum And New 0.09% +0.09
ABBV Abbvie Inc. New 0.08% +0.08
IBIT iShares Bitcoin Trust ETF New 0.07% +0.07
CDNS Cadence Design SYS Inc. New 0.07% +0.07
DFSU Dimensional US Sus CORE1 ETF Add +2.2% 0.58% +0.06
TLT iShares 20+ Year Treasury BD Add +97.6% 0.06% +0.03
BRK.B Berkshire Hathaway Inc. Class B Add +17.2% 0.16% +0.03
DFSE Dimensional Em Sus CORE1 ETF Add +0.3% 0.27% +0.02
VUG Vanguard Mrngstar GR ETF-Sui New 0.02% +0.02
SCHO Schwab Short-Term US Treas Add +40.1% 0.06% +0.02
AGG iShares Core U.S. Aggregate New 0.02% +0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +17.1% 0.07% +0.01
VTV Vanguard Mrngstr Val ETF-Aui Add +21500.0% 0.01% +0.01
DFSI Dimensional Int Sus COR1 ETF Add +0.6% 0.15% +0.01
IWR iShares Russell Mid-Cap ETF Add +16.8% 0.02% +0.00
IJR iShares Core S&P Small-Cap E Add +0.9% 0.04% +0.00
SCHF Schwab Intl Equity ETF Add +0.0% 0.06% +0.00
VV Vngrd Mrgstr LRG-Cap ETF-Usd New 0.00% +0.00
NVG Nuveen Amt-FR Muni CRDT Add +2.0% 0.06% +0.00
IWB iShares Russell 1000 ETF New 0.00% +0.00
SCHA Schwab US Small-Cap ETF Add +0.1% 0.01% +0.00
AVDV Avantis Intl S/C Value ETF New 0.00% +0.00
IWV iShares Russell 3000 ETF New 0.00% +0.00
SPIB SS SPDR P Int C Corp. ETF New 0.00% 0.00
EBND State Street SPDR Bloomberg New 0.00% 0.00
FNDA Schwab Fndmntl US SM Co. ETF New 0.00% 0.00
SCHR Schwab Intermediate-Term US New 0.00% 0.00
SCHP Schwab U.S. Tips ETF New 0.00% 0.00
NOW ServiceNow Inc. Add +1.9% 0.15% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 122$359.0MVTI, TOTL, FLXR, VGSH, DFAE
Q1 2026 107$324.4MTOTL, VTI, FLXR, VGSH, DFAE
Q4 2025 102$317.1MVTI, TOTL, FLXR, VGSH, DFAU
Q3 2025 104$301.3MVTI, TOTL, FLXR, VGSH, DFAU
Q2 2025 101$305.0MTOTL, VTI, FLXR, COIN, VGSH
Q1 2025 120$290.3MTOTL, UCON, VTI, VGSH, DFAU
Q4 2024 121$286.8MTOTL, VTI, UCON, DFAU, VGSH
Q3 2024 100$262.4MTOTL, UCON, VTI, DFAU, VGSH
Q2 2024 90$229.4MTOTL, VTI, UCON, DFAU, COIN
Q1 2024 103$174.9MVTI, COIN, DFAU, VGSH, DFAE