Neumann Capital Management, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 17, 2025), Neumann Capital Management, LLC reported 100 stock positions worth $318.0 million. Its top holding was Nvidia (NVDA) at 8.7% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 7.8%) and SS SPDR S&P 500 ETF Trust-US (SPY, 5.3%). Compared with Q1 2025, it opened 4 new positions, sold out of 3, added to 25 and reduced 36. The biggest buy was iShares ESG Aware US Aggrega (EAGG, shares +80%) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F
Q2 2026
Location
FOSTER CITY, CA
CIK
0001631930
Portfolio Value
$318.0M (Q2 2025)
SEC Filing
0001754960-25-000413 ↗ filed Jul 17, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $280.5M Q1 2024 Q2 2024: $291.0M Q2 2024 Q3 2024: $300.6M Q3 2024 Q4 2024: $301.0M Q4 2024 Q1 2025: $289.3M Q1 2025 Q2 2025: $318.0M $318.0M Q2 2025 Q3 2025: $341.9M Q3 2025 Q4 2025: $346.1M Q4 2025 Q1 2026: $339.5M Q1 2026 Q2 2026: $151.2M Q2 2026

Holdings 100 stocks · $318.0M
NVDA Nvidia Corp. 8.68% 174,673 $27.6M Reduce -0.6%
IEFA iShares Core MSCI Eafe ETF 7.75% 295,280 $24.6M Reduce -0.2%
SPY SS SPDR S&P 500 ETF Trust-US 5.28% 27,199 $16.8M Reduce -0.6%
ORCL Oracle Corp. 5.16% 75,043 $16.4M Reduce -0.8%
AAPL Apple Inc. 5.01% 77,696 $15.9M Reduce -0.7%
IEMG iShares Core MSCI Emerging 4.40% 232,915 $14.0M Reduce -2.8%
IJH iShares Core S&P Midcap ETF 4.08% 209,360 $13.0M Reduce -0.6%
IJR iShares Core S&P Small-Cap E 4.08% 118,642 $13.0M Add +0.2%
BIV Vanguard Intermediate-Term B 3.71% 152,466 $11.8M Add +7.4%
DGS Wisdomtree Em Small Cap 2.82% 162,504 $9.0M Reduce -2.2%
GOOGL Alphabet Inc. Class A 2.59% 46,650 $8.2M Reduce -0.0%
VNQ Vanguard Real Estate ETF 1.79% 64,069 $5.7M Reduce -0.2%
DLS Wisdomtree Intl S/C DVD Fund 1.63% 69,221 $5.2M Reduce -1.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.57% 105,653 $5.0M No change
SDY SS SPDR S&P Dividend ETF 1.46% 34,108 $4.6M Reduce -1.8%
BNDX Vanguard Total Intl Bond ETF 1.46% 93,462 $4.6M Add +1.1%
BSV Vanguard Short-Term Bond ETF 1.42% 57,250 $4.5M Add +0.9%
GILD Gilead Sciences Inc. 1.35% 38,690 $4.3M Reduce -2.0%
DSI iShares ESG MSCI KLD 400 ETF 1.32% 36,148 $4.2M Add +0.1%
IUSG iShares Core S&P U.S. Growth 1.32% 27,907 $4.2M Reduce -1.8%
IJK iShares S&P Mid-Cap 400 Grow 1.25% 43,840 $4.0M Add +4.0%
IJT iShares S&P Small-Cap 600 GR 1.19% 28,560 $3.8M Add +3.1%
VT Vanguard Tot World STK ETF 1.13% 27,940 $3.6M Add +3.1%
IJJ iShares S&P Mid-Cap 400 Valu 1.05% 27,110 $3.4M Add +1.4%
JPM JPMorgan Chase & Co. 1.05% 11,530 $3.3M Reduce -5.3%
MSFT Microsoft Corp. 0.98% 6,294 $3.1M Reduce -0.9%
EFA iShares MSCI Eafe ETF 0.88% 31,409 $2.8M Reduce -9.6%
PEG Public Service Enterprise GP 0.88% 33,170 $2.8M No change
IJS iShares S&P Small-Cap 600 Va 0.83% 26,520 $2.6M Add +4.1%
CVS CVS Health Corp. 0.80% 36,951 $2.5M No change
GM General Motors Co. 0.80% 51,600 $2.5M No change
EAGG iShares ESG Aware US Aggrega 0.79% 52,725 $2.5M Add +80.3%
AMZN Amazon.com Inc. 0.76% 10,944 $2.4M Reduce -0.9%
ROP Roper Technologies Inc. 0.73% 4,080 $2.3M No change
ESGD iShares Trust iShares ESG Aw 0.72% 25,685 $2.3M Reduce -3.1%
JNJ Johnson & Johnson 0.72% 14,894 $2.3M Add +0.7%
VTEB Vanguard Tax-Exempt Bond ETF 0.70% 45,448 $2.2M Reduce -15.5%
ACN Accenture PLC Class A 0.67% 7,172 $2.1M Add +0.7%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.67% 26,435 $2.1M Reduce -1.2%
VTI VG Morningstar TS MKT ETF-US 0.67% 6,981 $2.1M Reduce -6.8%
IVE iShares S&P 500 Value ETF 0.61% 9,895 $1.9M Reduce -14.1%
EFV iShares MSCI Eafe Value ETF 0.59% 29,785 $1.9M No change
VZ Verizon Communications Inc. 0.58% 42,359 $1.8M Add +1.3%
CHRW C.H. Robinson Worldwide Inc. 0.57% 18,890 $1.8M No change
ALL Allstate Corp. 0.57% 8,956 $1.8M Add +1.7%
MCK McKesson Corp. 0.53% 2,300 $1.7M Reduce -0.9%
CVX Chevron Corp. 0.53% 11,695 $1.7M No change
NFLX Netflix Inc. 0.45% 1,069 $1.4M Reduce -0.8%
CSCO Cisco Systems Inc. 0.45% 20,606 $1.4M Reduce -2.6%
ESGE iShares Inc. iShares ESG Awar 0.45% 36,435 $1.4M Reduce -1.9%
SCHW Schwab (charles) Corp. 0.43% 15,132 $1.4M Reduce -0.4%
TGT Target Corp. 0.42% 13,680 $1.3M Reduce -5.2%
IWB iShares Russell 1000 ETF 0.42% 3,939 $1.3M Reduce -1.3%
UNM Unum Group 0.40% 15,898 $1.3M No change
IMCG iShares Morningstar Mid-Cap 0.38% 15,076 $1.2M No change
USHY iShares Broad Usd High Yield 0.37% 31,427 $1.2M Add +11.8%
FDL First Trust Morn DVD Lead Inc. 0.37% 27,750 $1.2M Add +59.0%
IWM iShares Russell 2000 ETF 0.35% 5,208 $1.1M No change
WFC Wells Fargo & Co. 0.34% 13,622 $1.1M No change
VOO Vanguard S&P 500 ETF 0.34% 1,891 $1.1M Add +16.1%
VCIT Vanguard Int-Term Corporate 0.33% 12,843 $1.1M Add +9.7%
VLO Valero Energy Corp. 0.33% 7,813 $1.1M No change
META Meta Platforms Inc. Class A 0.33% 1,415 $1.0M No change
IVW iShares S&P 500 Growth ETF 0.31% 8,950 $985K No change
NUSC Nuveen ESG Small-Cap ETF 0.29% 22,959 $935K Add +0.9%
MMM 3M Co. 0.29% 6,011 $915K No change
BMY Bristol-Myers Squibb Co. 0.27% 18,273 $846K No change
FISV Fiserv Inc. 0.27% 4,890 $843K No change
GRNB Vaneck Green Bond ETF 0.26% 33,650 $816K Add +15.4%
STZ Constellation Brands Inc. Class A 0.25% 4,937 $803K Reduce -3.9%
PFE Pfizer Inc. 0.22% 28,588 $693K Add +26.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.22% 5,564 $690K No change
SUSC iShares ESG Aware Usd Corpor 0.20% 26,950 $626K Reduce -1.2%
EMXC iShares MSCI Emr MRK Ex Chna 0.18% 9,000 $568K New
NUMV Nuveen ESG Mid-Cap Value ETF 0.18% 15,560 $561K No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.17% 4,988 $547K Reduce -52.4%
NUMG Nuveen ESG Mid-Cap Grow ETF 0.17% 11,180 $542K No change
EEMV iShares MSCI Emg MKT Min Vol 0.16% 8,236 $517K No change
DVY iShares Select Dividend ETF 0.16% 3,819 $507K No change
MRK Merck & Co. Inc. 0.15% 5,885 $466K No change
IWF iShares Russell 1000 Growth 0.14% 1,022 $434K No change
NEE Nextera Energy Inc. 0.13% 6,134 $426K No change
MDY State Street SPDR S&P Midcap 0.13% 750 $425K No change
V Visa Inc. Class A 0.13% 1,172 $416K Add +0.2%
SRE Sempra 0.13% 5,347 $405K No change
IVV iShares Core S&P 500 ETF 0.12% 600 $373K Reduce -12.4%
COP Conocophillips 0.12% 4,088 $367K No change
GS Goldman Sachs Group Inc. 0.10% 472 $334K Add +0.4%
VWO Vanguard Ftse Emerging Marke 0.10% 6,300 $312K Reduce -37.6%
CMI Cummins Inc. 0.10% 950 $311K Reduce -9.5%
NOC Northrop Grumman Corp. 0.09% 602 $301K No change
IBB iShares Biotechnology ETF 0.09% 2,238 $283K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.09% 642 $283K No change
UNP Union Pacific Corp. 0.08% 1,171 $269K Add +9.3%
MS Morgan Stanley 0.08% 1,800 $254K No change
EFG iShares MSCI Eafe Growth ETF 0.07% 2,125 $238K No change
VGT Vanguard Info Tech ETF 0.07% 350 $232K New
TSCO Tractor Supply Company 0.07% 4,000 $211K No change
PANW Palo Alto Networks Inc. 0.06% 986 $202K New
IWS iShares Russell Mid-Cap Valu 0.06% 1,524 $201K New

Portfolio Sells Q1 2025 → Q2 2025
AAPL Apple Inc. Reduce -0.7% 5.01% −1.00
TSLA Tesla Inc. Sold out 0.00% −0.22
VTEB Vanguard Tax-Exempt Bond ETF Reduce -15.5% 0.70% −0.22
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -52.4% 0.17% −0.22
VNQ Vanguard Real Estate ETF Reduce -0.2% 1.79% −0.21
GILD Gilead Sciences Inc. Reduce -2.0% 1.35% −0.18
SDY SS SPDR S&P Dividend ETF Reduce -1.8% 1.46% −0.17
IJH iShares Core S&P Midcap ETF Reduce -0.6% 4.08% −0.17
CMF iShares California Muni Bond Sold out 0.00% −0.16
IVE iShares S&P 500 Value ETF Reduce -14.1% 0.61% −0.15
BLV Vanguard Long-Term Bond ETF Sold out 0.00% −0.11
EFA iShares MSCI Eafe ETF Reduce -9.6% 0.88% −0.10
TGT Target Corp. Reduce -5.2% 0.42% −0.10
IEMG iShares Core MSCI Emerging Reduce -2.8% 4.40% −0.07
STZ Constellation Brands Inc. Class A Reduce -3.9% 0.25% −0.07
VWO Vanguard Ftse Emerging Marke Reduce -37.6% 0.10% −0.06
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -1.2% 0.67% −0.06
VTI VG Morningstar TS MKT ETF-US Reduce -6.8% 0.67% −0.04
ESGD iShares Trust iShares ESG Aw Reduce -3.1% 0.72% −0.03
SUSC iShares ESG Aware Usd Corpor Reduce -1.2% 0.20% −0.02
CMI Cummins Inc. Reduce -9.5% 0.10% −0.02
IVV iShares Core S&P 500 ETF Reduce -12.4% 0.12% −0.02
MCK McKesson Corp. Reduce -0.9% 0.53% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.6% 5.28% −0.01
IWB iShares Russell 1000 ETF Reduce -1.3% 0.42% −0.00
CSCO Cisco Systems Inc. Reduce -2.6% 0.45% −0.00
ESGE iShares Inc. iShares ESG Awar Reduce -1.9% 0.45% +0.00
IEFA iShares Core MSCI Eafe ETF Reduce -0.2% 7.75% +0.02
JPM JPMorgan Chase & Co. Reduce -5.3% 1.05% +0.02
SCHW Schwab (charles) Corp. Reduce -0.4% 0.43% +0.02
DLS Wisdomtree Intl S/C DVD Fund Reduce -1.8% 1.63% +0.03
AMZN Amazon.com Inc. Reduce -0.9% 0.76% +0.03
DGS Wisdomtree Em Small Cap Reduce -2.2% 2.82% +0.05
IUSG iShares Core S&P U.S. Growth Reduce -1.8% 1.32% +0.07
GOOGL Alphabet Inc. Class A Reduce -0.0% 2.59% +0.09
NFLX Netflix Inc. Reduce -0.8% 0.45% +0.10
MSFT Microsoft Corp. Reduce -0.9% 0.98% +0.16
ORCL Oracle Corp. Reduce -0.8% 5.16% +1.50
NVDA Nvidia Corp. Reduce -0.6% 8.68% +2.10

Portfolio Buys Q1 2025 → Q2 2025
EAGG iShares ESG Aware US Aggrega Add +80.3% 0.79% +0.31
EMXC iShares MSCI Emr MRK Ex Chna New 0.18% +0.18
FDL First Trust Morn DVD Lead Inc. Add +59.0% 0.37% +0.10
VGT Vanguard Info Tech ETF New 0.07% +0.07
PANW Palo Alto Networks Inc. New 0.06% +0.06
IWS iShares Russell Mid-Cap Valu New 0.06% +0.06
VOO Vanguard S&P 500 ETF Add +16.1% 0.34% +0.05
VT Vanguard Tot World STK ETF Add +3.1% 1.13% +0.04
DSI iShares ESG MSCI KLD 400 ETF Add +0.1% 1.32% +0.04
IJK iShares S&P Mid-Cap 400 Grow Add +4.0% 1.25% +0.04
PFE Pfizer Inc. Add +26.6% 0.22% +0.02
GS Goldman Sachs Group Inc. Add +0.4% 0.10% +0.02
GRNB Vaneck Green Bond ETF Add +15.4% 0.26% +0.01
USHY iShares Broad Usd High Yield Add +11.8% 0.37% +0.01
VCIT Vanguard Int-Term Corporate Add +9.7% 0.33% +0.00
IJT iShares S&P Small-Cap 600 GR Add +3.1% 1.19% +0.00
UNP Union Pacific Corp. Add +9.3% 0.08% −0.00
NUSC Nuveen ESG Small-Cap ETF Add +0.9% 0.29% −0.01
V Visa Inc. Class A Add +0.2% 0.13% −0.01
IJS iShares S&P Small-Cap 600 Va Add +4.1% 0.83% −0.03
BIV Vanguard Intermediate-Term B Add +7.4% 3.71% −0.05
IJJ iShares S&P Mid-Cap 400 Valu Add +1.4% 1.05% −0.05
ALL Allstate Corp. Add +1.7% 0.57% −0.06
VZ Verizon Communications Inc. Add +1.3% 0.58% −0.08
ACN Accenture PLC Class A Add +0.7% 0.67% −0.09
BNDX Vanguard Total Intl Bond ETF Add +1.1% 1.46% −0.10
BSV Vanguard Short-Term Bond ETF Add +0.9% 1.42% −0.12
JNJ Johnson & Johnson Add +0.7% 0.72% −0.13
IJR iShares Core S&P Small-Cap E Add +0.2% 4.08% −0.20

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 58$151.2MIJR, BIV, IJH, VNQ, IUSG
Q1 2026 102$339.5MNVDA, IEFA, AAPL, BIV, IEMG
Q4 2025 101$346.1MNVDA, IEFA, AAPL, SPY, IEMG
Q3 2025 103$341.9MNVDA, IEFA, ORCL, AAPL, SPY
Q2 2025 100$318.0MNVDA, IEFA, SPY, ORCL, AAPL
Q1 2025 99$289.3MIEFA, NVDA, AAPL, SPY, IEMG
Q4 2024 101$301.0MNVDA, IEFA, AAPL, SPY, IJR
Q3 2024 101$300.6MNVDA, IEFA, AAPL, SPY, IJR
Q2 2024 98$291.0MNVDA, IEFA, AAPL, SPY, IJH
Q1 2024 98$280.5MIEFA, NVDA, SPY, AAPL, IJH