Narus Financial Partners, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 23, 2025), Narus Financial Partners, LLC reported 145 stock positions worth $295.7 million. Its top holding was Walmart (WMT) at 43.6% of the portfolio, followed by SPDR Gold Shares (GLD, 1.8%) and SS Technology Select Sector (XLK, 1.8%). Compared with Q3 2024, it opened 11 new positions, sold out of 15, added to 74 and reduced 47. The biggest buy was iShares Russell Mid-Cap ETF (IWR, shares +267%) and the biggest sale JPMorgan Ultra-Short Income (JPST, shares −60%).
- Most Recent 13F
- Q2 2026
- Location
- SALT LAKE CITY, UT
- CIK
- 0001698091
- Portfolio Value
- $295.7M (Q4 2024)
- SEC Filing
- 0001698091-25-000001 ↗ filed Jan 23, 2025
Holdings Value
Holdings 145 stocks · $295.7M
| WMT Walmart Inc. | 43.62% | 1,427,639 | $129.0M | Reduce -3.5% |
| GLD SPDR Gold Shares | 1.83% | 22,367 | $5.4M | Add +10.6% |
| XLK SS Technology Select Sector | 1.79% | 22,765 | $5.3M | Add +12.1% |
| VEA Vanguard Ftse Developed ETF | 1.79% | 110,652 | $5.3M | Add +23.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.58% | 17,720 | $4.7M | Add +4.5% |
| NVDA Nvidia Corp. | 1.55% | 34,103 | $4.6M | Add +12.9% |
| AAPL Apple Inc. | 1.53% | 18,116 | $4.5M | Add +3.3% |
| PSCT Invesco S&P Smallcap Informa | 1.45% | 89,698 | $4.3M | Add +46.7% |
| VTI VG Morningstar TS MKT ETF-US | 1.39% | 14,189 | $4.1M | Add +0.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.37% | 16,831 | $4.0M | Add +11.1% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 1.12% | 65,191 | $3.3M | Add +6.7% |
| VCSH Vanguard S/T Corp. Bond ETF | 1.05% | 39,833 | $3.1M | Add +13.7% |
| DFAS Dimensional US Small Cap ETF | 1.02% | 46,414 | $3.0M | Add +14.9% |
| DBO Invesco DB Oil Fund | 0.98% | 202,750 | $2.9M | Add +21.1% |
| IJR iShares Core S&P Small-Cap E | 0.98% | 25,115 | $2.9M | Add +6.0% |
| BND Vanguard Total Bond Market | 0.97% | 39,748 | $2.9M | Reduce -25.9% |
| SCZ iShares MSCI Eafe Small-Cap | 0.95% | 46,443 | $2.8M | Reduce -1.1% |
| JPIE JPMorgan Income ETF | 0.94% | 61,033 | $2.8M | Add +61.4% |
| VOX Vanguard Communication Servi | 0.94% | 17,911 | $2.8M | Add +23.8% |
| XLF SS Financial Select Sector | 0.93% | 56,723 | $2.7M | Add +31.9% |
| EFV iShares MSCI Eafe Value ETF | 0.92% | 51,613 | $2.7M | Add +7.0% |
| SUB iShares Short-Term National | 0.84% | 23,513 | $2.5M | Add +18.0% |
| GOOGL Alphabet Inc. Class A | 0.82% | 12,748 | $2.4M | Add +32.7% |
| SPTI SS SPDR P Int Term TSY ETF | 0.80% | 84,362 | $2.4M | Reduce -16.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.79% | 13,862 | $2.3M | Add +2.0% |
| MUB iShares National Muni Bond E | 0.79% | 21,831 | $2.3M | Add +33.0% |
| DFSD Dimensional Short Duration | 0.79% | 49,547 | $2.3M | Add +39.9% |
| IWR iShares Russell Mid-Cap ETF | 0.76% | 25,481 | $2.3M | Add +267.3% |
| VOO Vanguard S&P 500 ETF | 0.76% | 4,165 | $2.2M | No change |
| XLY SS Consumer Disc Select Sect | 0.74% | 9,692 | $2.2M | Add +1.3% |
| EPI Wisdomtree India Earnings | 0.73% | 47,679 | $2.2M | Add +21.0% |
| META Meta Platforms Inc. Class A | 0.71% | 3,582 | $2.1M | Add +16.7% |
| AMZN Amazon.com Inc. | 0.64% | 8,629 | $1.9M | Add +31.7% |
| AGG iShares Core U.S. Aggregate | 0.63% | 19,245 | $1.9M | Add +14.2% |
| IVV iShares Core S&P 500 ETF | 0.62% | 3,130 | $1.8M | Reduce -3.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.61% | 26,378 | $1.8M | Add +4.2% |
| MSFT Microsoft Corp. | 0.57% | 4,019 | $1.7M | Add +58.5% |
| ORCL Oracle Corp. | 0.54% | 9,544 | $1.6M | Add +10.2% |
| EFA iShares MSCI Eafe ETF | 0.54% | 21,009 | $1.6M | Add +33.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.51% | 2,572 | $1.5M | Add +1.5% |
| JPST JPMorgan Ultra-Short Income | 0.47% | 27,368 | $1.4M | Reduce -60.1% |
| IUSV iShares Core S&P U.S. Value | 0.40% | 12,863 | $1.2M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.40% | 2,605 | $1.2M | Add +5.5% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.39% | 7,215 | $1.2M | Add +92.0% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.38% | 14,155 | $1.1M | Add +16.2% |
| DFIS Dimensional International SM | 0.36% | 43,210 | $1.1M | New |
| XLE SS Energy Select Sector | 0.36% | 12,305 | $1.1M | Reduce -4.7% |
| XLV SS Health Care Select Sector | 0.35% | 7,583 | $1.0M | Reduce -5.3% |
| VWO Vanguard Ftse Emerging Marke | 0.35% | 23,274 | $1.0M | Reduce -1.2% |
| IXN iShares Global Tech ETF | 0.35% | 12,053 | $1.0M | No change |
| GBIL Goldman Sachs Access Treasur | 0.34% | 10,177 | $1.0M | Reduce -42.4% |
| MMIT Nylim Mackay Muni Intermedia filed as NEW YORK LIFE INVTS ACTIVE E | 0.34% | 42,320 | $1.0M | Reduce -44.8% |
| IWM iShares Russell 2000 ETF | 0.34% | 4,533 | $1.0M | Reduce -15.5% |
| TLT iShares 20+ Year Treasury BD | 0.32% | 10,948 | $956K | Add +135.8% |
| JPM JPMorgan Chase & Co. | 0.32% | 3,972 | $952K | Reduce -5.0% |
| HYD Vaneck High Yield Muni ETF | 0.30% | 17,210 | $893K | Add +1.1% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.29% | 25,409 | $867K | Reduce -2.5% |
| AVGO Broadcom Inc. | 0.29% | 3,677 | $852K | Add +65.6% |
| IAU iShares Gold Trust | 0.28% | 16,787 | $831K | Reduce -7.5% |
| BSV Vanguard Short-Term Bond ETF | 0.28% | 10,582 | $818K | Reduce -38.6% |
| IEF iShares 7-10 Year Treasury B | 0.27% | 8,638 | $799K | Reduce -34.7% |
| IYY iShares Dow Jones U.S. ETF | 0.25% | 5,176 | $741K | No change |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.25% | 27,703 | $726K | Reduce -24.3% |
| DFUV Dimensional US Marketwide Va | 0.23% | 16,837 | $689K | Add +0.2% |
| QCOM Qualcomm Inc. | 0.23% | 4,456 | $684K | Add +10.0% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.22% | 12,750 | $639K | Add +6.7% |
| SPAB SS SPDR P Agg Bond ETF | 0.20% | 24,053 | $601K | Add +7.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.20% | 1,432 | $588K | Add +12.6% |
| MBB iShares MBS ETF | 0.19% | 6,285 | $576K | Add +9.4% |
| JPIB JPMorgan Intl BND ETF | 0.19% | 12,084 | $571K | Reduce -0.6% |
| AGZ iShares Agency Bond ETF | 0.19% | 5,281 | $570K | Add +33.0% |
| HQY Healthequity Inc. | 0.19% | 5,870 | $563K | Reduce -10.2% |
| VGT Vanguard Info Tech ETF | 0.19% | 889 | $553K | Reduce -0.8% |
| XLP SS Consumer Staples Sel Sect | 0.19% | 7,008 | $551K | Reduce -12.3% |
| TSLA Tesla Inc. | 0.18% | 1,315 | $531K | Add +6.7% |
| V Visa Inc. Class A | 0.18% | 1,643 | $519K | Add +53.5% |
| IBIT iShares Bitcoin Trust ETF | 0.17% | 9,755 | $518K | Add +1.3% |
| NOC Northrop Grumman Corp. | 0.17% | 1,099 | $516K | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.17% | 1,200 | $511K | Reduce -8.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.17% | 2,238 | $492K | Add +8.5% |
| SFM Sprouts Farmers Market Inc. | 0.16% | 3,791 | $482K | Add +28.4% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.16% | 6,343 | $480K | Reduce -7.3% |
| EME Emcor Group Inc. | 0.16% | 1,036 | $470K | Reduce -4.3% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.16% | 10,372 | $466K | Add +1.0% |
| SPSB SS SPDR P St C Corp. ETF | 0.15% | 15,343 | $458K | Add +4.9% |
| XLI SS Industrial Select Sector | 0.15% | 3,327 | $438K | Reduce -31.4% |
| PSCD Invesco S&P Smallcap Consume | 0.15% | 4,016 | $437K | Add +57.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.15% | 853 | $436K | Reduce -0.3% |
| MUSA Murphy USA Inc. | 0.15% | 866 | $435K | Reduce -7.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.15% | 2,167 | $430K | Reduce -8.7% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.14% | 16,868 | $426K | Add +0.6% |
| ISCF iShares International Small | 0.14% | 13,074 | $422K | Add +4.7% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.14% | 7,615 | $416K | Add +1.5% |
| KLAC KLA Corp. | 0.14% | 658 | $415K | No change |
| KRE SS SPDR S&P Regional Bank | 0.14% | 6,775 | $409K | New |
| COST Costco Wholesale Corp. | 0.14% | 443 | $406K | Add +4.2% |
| USHY iShares Broad Usd High Yield | 0.13% | 10,680 | $393K | Add +8.5% |
| VCIT Vanguard Int-Term Corporate | 0.13% | 4,889 | $392K | Add +5.8% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.13% | 7,071 | $392K | Add +76.8% |
| UNH Unitedhealth Group Inc. | 0.13% | 770 | $390K | Add +6.7% |
Portfolio Sells Q3 2024 → Q4 2024
| JPST JPMorgan Ultra-Short Income | Reduce -60.1% | 0.47% | −0.78 |
| SCTXX Schwab Amt Tax FR MNY-Ultra | Sold out | 0.00% | −0.71 |
| BND Vanguard Total Bond Market | Reduce -25.9% | 0.97% | −0.48 |
| HIGH Simplify Enhanced Income ETF | Sold out | 0.00% | −0.35 |
| MMIT Nylim Mackay Muni Intermedia | Reduce -44.8% | 0.34% | −0.33 |
| GBIL Goldman Sachs Access Treasur | Reduce -42.4% | 0.34% | −0.29 |
| SPTI SS SPDR P Int Term TSY ETF | Reduce -16.4% | 0.80% | −0.26 |
| BSV Vanguard Short-Term Bond ETF | Reduce -38.6% | 0.28% | −0.21 |
| IEF iShares 7-10 Year Treasury B | Reduce -34.7% | 0.27% | −0.20 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -1.1% | 0.95% | −0.19 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.15 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -24.3% | 0.25% | −0.14 |
| FLOT iShares Floating Rate Bond E | Sold out | 0.00% | −0.13 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.10 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.09 |
| PVH PVH Corp. | Sold out | 0.00% | −0.09 |
| XLV SS Health Care Select Sector | Reduce -5.3% | 0.35% | −0.09 |
| XLI SS Industrial Select Sector | Reduce -31.4% | 0.15% | −0.09 |
| IWM iShares Russell 2000 ETF | Reduce -15.5% | 0.34% | −0.09 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.09 |
| AMGN Amgen Inc. | Sold out | 0.00% | −0.08 |
| COP Conocophillips | Sold out | 0.00% | −0.08 |
| DFAI Dimensional International Co. | Reduce -32.4% | 0.11% | −0.08 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.08 |
| ABBV Abbvie Inc. | Reduce -34.1% | 0.10% | −0.08 |
| VHT Vanguard Health Care ETF | Sold out | 0.00% | −0.07 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Sold out | 0.00% | −0.07 |
| CI The Cigna Group | Reduce -22.2% | 0.10% | −0.07 |
| BLD Topbuild Corp. | Sold out | 0.00% | −0.07 |
| PGR Progressive Corp. | Sold out | 0.00% | −0.07 |
| PATH Uipath Inc. Class A | Reduce -34.9% | 0.11% | −0.07 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -2.5% | 0.29% | −0.06 |
| VWO Vanguard Ftse Emerging Marke | Reduce -1.2% | 0.35% | −0.06 |
| KIE SS SPDR S&P Insurance ETF | Reduce -34.6% | 0.08% | −0.05 |
| XLP SS Consumer Staples Sel Sect | Reduce -12.3% | 0.19% | −0.05 |
| XLE SS Energy Select Sector | Reduce -4.7% | 0.36% | −0.05 |
| IVV iShares Core S&P 500 ETF | Reduce -3.1% | 0.62% | −0.04 |
| IAU iShares Gold Trust | Reduce -7.5% | 0.28% | −0.04 |
| ADBE Adobe Inc. | Reduce -13.0% | 0.09% | −0.04 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -7.3% | 0.16% | −0.04 |
| SPEM State Street SP PTF Em ETF | Reduce -21.1% | 0.07% | −0.03 |
| GD General Dynamics Corp. | Reduce -3.4% | 0.12% | −0.03 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -8.8% | 0.17% | −0.03 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -8.7% | 0.15% | −0.03 |
| DFIV Dimensional International Va | Reduce -3.4% | 0.11% | −0.02 |
| JPIB JPMorgan Intl BND ETF | Reduce -0.6% | 0.19% | −0.02 |
| MUSA Murphy USA Inc. | Reduce -7.4% | 0.15% | −0.02 |
| DEM Wisdomtree Emerging Markets | Reduce -6.8% | 0.08% | −0.02 |
| PDBC Invesco Optimum Yield Divers | Reduce -4.9% | 0.09% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -3.6% | 0.11% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| IWR iShares Russell Mid-Cap ETF | Add +267.3% | 0.76% | +0.54 |
| PSCT Invesco S&P Smallcap Informa | Add +46.7% | 1.45% | +0.40 |
| DFIS Dimensional International SM | New | 0.36% | +0.36 |
| JPIE JPMorgan Income ETF | Add +61.4% | 0.94% | +0.31 |
| GOOGL Alphabet Inc. Class A | Add +32.7% | 0.82% | +0.25 |
| NVDA Nvidia Corp. | Add +12.9% | 1.55% | +0.23 |
| XLF SS Financial Select Sector | Add +31.9% | 0.93% | +0.23 |
| AMZN Amazon.com Inc. | Add +31.7% | 0.64% | +0.20 |
| VOX Vanguard Communication Servi | Add +23.8% | 0.94% | +0.18 |
| MSFT Microsoft Corp. | Add +58.5% | 0.57% | +0.18 |
| DFSD Dimensional Short Duration | Add +39.9% | 0.79% | +0.18 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +92.0% | 0.39% | +0.17 |
| TLT iShares 20+ Year Treasury BD | Add +135.8% | 0.32% | +0.16 |
| AVGO Broadcom Inc. | Add +65.6% | 0.29% | +0.15 |
| MUB iShares National Muni Bond E | Add +33.0% | 0.79% | +0.15 |
| XLK SS Technology Select Sector | Add +12.1% | 1.79% | +0.15 |
| DBO Invesco DB Oil Fund | Add +21.1% | 0.98% | +0.14 |
| KRE SS SPDR S&P Regional Bank | New | 0.14% | +0.14 |
| UUP Invesco DB US Dollar Index B | New | 0.12% | +0.12 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.10% | +0.10 |
| VEA Vanguard Ftse Developed ETF | Add +23.1% | 1.79% | +0.09 |
| BKNG Booking Holdings Inc. | New | 0.08% | +0.08 |
| DFAS Dimensional US Small Cap ETF | Add +14.9% | 1.02% | +0.08 |
| ALSN Allison Transmission Holding | New | 0.08% | +0.08 |
| SUB iShares Short-Term National | Add +18.0% | 0.84% | +0.08 |
| META Meta Platforms Inc. Class A | Add +16.7% | 0.71% | +0.08 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +11.1% | 1.37% | +0.08 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.08% | +0.08 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.07% | +0.07 |
| MCK McKesson Corp. | New | 0.07% | +0.07 |
| DBC Invesco DB Commodity Index T | New | 0.07% | +0.07 |
| V Visa Inc. Class A | Add +53.5% | 0.18% | +0.07 |
| AAPL Apple Inc. | Add +3.3% | 1.53% | +0.07 |
| GLD SPDR Gold Shares | Add +10.6% | 1.83% | +0.07 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.07% | +0.07 |
| EFA iShares MSCI Eafe ETF | Add +33.3% | 0.54% | +0.06 |
| TSLA Tesla Inc. | Add +6.7% | 0.18% | +0.06 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +13.7% | 1.05% | +0.05 |
| IBIT iShares Bitcoin Trust ETF | Add +1.3% | 0.17% | +0.05 |
| XLY SS Consumer Disc Select Sect | Add +1.3% | 0.74% | +0.05 |
| PSCD Invesco S&P Smallcap Consume | Add +57.9% | 0.15% | +0.05 |
| SFM Sprouts Farmers Market Inc. | Add +28.4% | 0.16% | +0.05 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +76.8% | 0.13% | +0.04 |
| AGZ iShares Agency Bond ETF | Add +33.0% | 0.19% | +0.04 |
| JEPQ JPM Nasdaq Equity Premium | Add +42.2% | 0.12% | +0.03 |
| WFC Wells Fargo & Co. | Add +19.3% | 0.11% | +0.03 |
| AMP Ameriprise Financial Inc. | Add +21.9% | 0.13% | +0.03 |
| XMHQ Invesco S&P Midcap Qual ETF | Add +41.0% | 0.12% | +0.03 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +16.2% | 0.38% | +0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +12.6% | 0.20% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 177 | $389.3M | WMT, XLK, GLD, VEA, NVDA |
| Q1 2026 | 162 | $381.6M | WMT, GLD, XLK, VEA, NVDA |
| Q4 2025 | 160 | $363.0M | WMT, GLD, XLK, NVDA, VEA |
| Q3 2025Amended | 168 | $365.5M | WMT, GLD, XLK, NVDA, VEA |
| Q2 2025 | 157 | $320.4M | WMT, GLD, XLK, NVDA, VEA |
| Q1 2025 | 149 | $294.0M | WMT, GLD, VEA, XLK, DECK |
| Q4 2024 | 145 | $295.7M | WMT, GLD, XLK, VEA, VO |
| Q3 2024 | 149 | $278.9M | WMT, GLD, VEA, XLK, VO |
| Q2 2024 | 142 | $248.1M | WMT, XLK, VEA, GLD, AAPL |
| Q1 2024 | 142 | $234.3M | WMT, XLK, VEA, GLD, VTI |