Neumann Capital Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 14, 2026), Neumann Capital Management, LLC reported 101 stock positions worth $346.1 million. Its top holding was Nvidia (NVDA) at 8.9% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 7.5%) and Apple (AAPL, 6.1%). Compared with Q3 2025, it opened 2 new positions, sold out of 4, added to 27 and reduced 36. The biggest buy was Vanguard Intermediate-Term B (BIV, shares +14%) and the biggest sale Oracle (ORCL, shares −2%).

Most Recent 13F
Q2 2026
Location
FOSTER CITY, CA
CIK
0001631930
Portfolio Value
$346.1M (Q4 2025)
SEC Filing
0001754960-26-000059 ↗ filed Jan 14, 2026

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 Q2 2025 Q3 2025: $341.9M Q3 2025 Q4 2025: $346.1M $346.1M Q4 2025 Q1 2026: $339.5M Q1 2026 Q2 2026: $151.2M Q2 2026

Holdings 101 stocks · $346.1M
NVDA Nvidia Corp. 8.93% 165,805 $30.9M Reduce -2.8%
IEFA iShares Core MSCI Eafe ETF 7.48% 289,345 $25.9M Add +0.2%
AAPL Apple Inc. 6.11% 77,822 $21.2M Reduce -0.0%
SPY SS SPDR S&P 500 ETF Trust-US 5.05% 25,643 $17.5M Reduce -1.7%
IEMG iShares Core MSCI Emerging 4.39% 226,151 $15.2M Reduce -0.6%
BIV Vanguard Intermediate-Term B 4.17% 185,239 $14.4M Add +14.2%
IJR iShares Core S&P Small-Cap E 4.09% 117,764 $14.2M Add +0.3%
IJH iShares Core S&P Midcap ETF 4.00% 209,618 $13.8M Add +0.5%
ORCL Oracle Corp. 3.93% 69,783 $13.6M Reduce -1.9%
GOOGL Alphabet Inc. Class A 3.88% 42,910 $13.4M Reduce -4.4%
DGS Wisdomtree Em Small Cap 2.61% 157,541 $9.0M Reduce -2.0%
VNQ Vanguard Real Estate ETF 1.62% 63,432 $5.6M Reduce -0.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.59% 100,163 $5.5M Reduce -1.0%
DLS Wisdomtree Intl S/C DVD Fund 1.57% 66,870 $5.4M Reduce -1.9%
DSI iShares ESG MSCI KLD 400 ETF 1.35% 36,198 $4.7M Reduce -0.7%
IUSG iShares Core S&P U.S. Growth 1.35% 27,756 $4.7M Reduce -0.8%
BNDX Vanguard Total Intl Bond ETF 1.32% 94,880 $4.6M Add +3.1%
SDY SS SPDR S&P Dividend ETF 1.32% 32,715 $4.6M Reduce -0.6%
BSV Vanguard Short-Term Bond ETF 1.31% 57,462 $4.5M Reduce -1.5%
GILD Gilead Sciences Inc. 1.31% 36,890 $4.5M Reduce -0.3%
IJK iShares S&P Mid-Cap 400 Grow 1.24% 44,245 $4.3M Reduce -2.3%
IJT iShares S&P Small-Cap 600 GR 1.22% 29,960 $4.2M Add +2.2%
GM General Motors Co. 1.18% 50,330 $4.1M Add +0.7%
VT Vanguard Tot World STK ETF 1.14% 27,986 $3.9M Reduce -1.2%
IJJ iShares S&P Mid-Cap 400 Valu 1.02% 26,924 $3.5M Reduce -0.7%
JPM JPMorgan Chase & Co. 0.96% 10,296 $3.3M Reduce -0.5%
IJS iShares S&P Small-Cap 600 Va 0.93% 28,154 $3.2M Add +2.6%
EAGG iShares ESG Aware US Aggrega 0.89% 64,500 $3.1M Add +16.3%
JNJ Johnson & Johnson 0.89% 14,864 $3.1M Reduce -0.2%
CHRW C.H. Robinson Worldwide Inc. 0.88% 18,890 $3.0M No change
AMZN Amazon.com Inc. 0.86% 12,944 $3.0M Add +18.3%
EFA iShares MSCI Eafe ETF 0.86% 30,923 $3.0M Reduce -0.3%
CVS CVS Health Corp. 0.85% 36,951 $2.9M No change
ESGD iShares Trust iShares ESG Aw 0.84% 30,470 $2.9M Add +15.5%
MSFT Microsoft Corp. 0.79% 5,629 $2.7M No change
PEG Public Service Enterprise GP 0.73% 31,558 $2.5M Reduce -0.3%
VOO Vanguard S&P 500 ETF 0.64% 3,519 $2.2M Add +42.5%
EFV iShares MSCI Eafe Value ETF 0.61% 29,785 $2.1M No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.60% 25,717 $2.1M Reduce -1.7%
ACN Accenture PLC Class A 0.59% 7,572 $2.0M Add +2.7%
IVE iShares S&P 500 Value ETF 0.58% 9,489 $2.0M Reduce -1.6%
ALL Allstate Corp. 0.58% 9,656 $2.0M Add +7.8%
ROP Roper Technologies Inc. 0.57% 4,435 $2.0M Add +6.3%
MCK McKesson Corp. 0.54% 2,270 $1.9M Reduce -1.3%
VTI VG Morningstar TS MKT ETF-US 0.53% 5,466 $1.8M Reduce -7.6%
CVX Chevron Corp. 0.51% 11,695 $1.8M No change
VZ Verizon Communications Inc. 0.48% 40,556 $1.7M Reduce -4.3%
CSCO Cisco Systems Inc. 0.46% 20,606 $1.6M No change
ESGE iShares Inc. iShares ESG Awar 0.44% 34,825 $1.5M Reduce -4.0%
SCHW Schwab (charles) Corp. 0.43% 14,922 $1.5M Reduce -0.7%
IWB iShares Russell 1000 ETF 0.42% 3,938 $1.5M No change
TGT Target Corp. 0.38% 13,280 $1.3M Add +0.8%
UNM Unum Group 0.37% 16,710 $1.3M Add +5.1%
IWM iShares Russell 2000 ETF 0.37% 5,208 $1.3M No change
WFC Wells Fargo & Co. 0.37% 13,622 $1.3M No change
USHY iShares Broad Usd High Yield 0.36% 33,260 $1.2M Add +3.6%
IMCG iShares Morningstar Mid-Cap 0.35% 15,076 $1.2M No change
VLO Valero Energy Corp. 0.34% 7,321 $1.2M No change
IVW iShares S&P 500 Growth ETF 0.32% 8,950 $1.1M No change
FDL First Trust Morn DVD Lead Inc. 0.31% 24,050 $1.1M Add +0.4%
NUSC Nuveen ESG Small-Cap ETF 0.30% 23,619 $1.1M Add +1.5%
NFLX Netflix Inc. 0.29% 10,690 $1.0M No change
VCIT Vanguard Int-Term Corporate 0.29% 11,885 $995K Reduce -1.5%
MMM 3M Co. 0.28% 6,011 $962K No change
BMY Bristol-Myers Squibb Co. 0.27% 17,623 $951K No change
META Meta Platforms Inc. Class A 0.27% 1,415 $934K No change
GRNB Vaneck Green Bond ETF 0.26% 36,550 $889K Add +8.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.23% 6,964 $792K Add +25.2%
MRK Merck & Co. Inc. 0.22% 7,227 $761K Add +6.5%
PFE Pfizer Inc. 0.20% 28,462 $709K Reduce -0.4%
EMXC iShares MSCI Emr MRK Ex Chna 0.19% 9,000 $654K No change
NUMV Nuveen ESG Mid-Cap Value ETF 0.18% 15,930 $623K No change
SUSC iShares ESG Aware Usd Corpor 0.17% 25,850 $604K Add +2.8%
VTEB Vanguard Tax-Exempt Bond ETF 0.16% 11,315 $569K Add +0.0%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.16% 4,998 $551K Add +3.1%
NUMG Nuveen ESG Mid-Cap Grow ETF 0.16% 11,380 $543K No change
DVY iShares Select Dividend ETF 0.16% 3,819 $539K No change
EEMV iShares MSCI Emg MKT Min Vol 0.15% 8,236 $527K No change
CMI Cummins Inc. 0.14% 930 $475K Reduce -2.1%
NEE Nextera Energy Inc. 0.14% 5,912 $475K Reduce -3.6%
SRE Sempra 0.14% 5,347 $472K No change
STZ Constellation Brands Inc. Class A 0.14% 3,415 $471K Reduce -30.5%
IWF iShares Russell 1000 Growth 0.13% 972 $460K Reduce -4.9%
MDY State Street SPDR S&P Midcap 0.13% 750 $452K No change
IVV iShares Core S&P 500 ETF 0.12% 600 $411K No change
V Visa Inc. Class A 0.12% 1,170 $410K No change
COP Conocophillips 0.11% 4,088 $383K No change
IBB iShares Biotechnology ETF 0.11% 2,238 $378K No change
CMF iShares California Muni Bond 0.10% 6,000 $345K No change
VWO Vanguard Ftse Emerging Marke 0.10% 6,300 $339K No change
MS Morgan Stanley 0.09% 1,800 $320K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.09% 642 $309K No change
UNP Union Pacific Corp. 0.09% 1,301 $301K Add +11.1%
NOC Northrop Grumman Corp. 0.08% 507 $289K Reduce -15.8%
VGT Vanguard Info Tech ETF 0.08% 350 $264K No change
EFG iShares MSCI Eafe Growth ETF 0.07% 2,125 $242K No change
IWS iShares Russell Mid-Cap Valu 0.06% 1,524 $215K No change
IWD iShares Russell 1000 Value E 0.06% 1,006 $212K No change
MAR Marriott International Class A 0.06% 667 $207K New
JLL Jones Lang Lasalle Inc. 0.06% 600 $202K New
TSCO Tractor Supply Company 0.06% 4,000 $200K No change

Portfolio Sells Q3 2025 → Q4 2025
ORCL Oracle Corp. Reduce -1.9% 3.93% −1.92
NVDA Nvidia Corp. Reduce -2.8% 8.93% −0.37
FISV Fiserv Inc. Sold out 0.00% −0.18
VNQ Vanguard Real Estate ETF Reduce -0.6% 1.62% −0.08
DGS Wisdomtree Em Small Cap Reduce -2.0% 2.61% −0.08
VZ Verizon Communications Inc. Reduce -4.3% 0.48% −0.07
HD Home Depot Inc. Sold out 0.00% −0.06
CDNS Cadence Design SYS Inc. Sold out 0.00% −0.06
PANW Palo Alto Networks Inc. Sold out 0.00% −0.06
STZ Constellation Brands Inc. Class A Reduce -30.5% 0.14% −0.06
PEG Public Service Enterprise GP Reduce -0.3% 0.73% −0.04
BSV Vanguard Short-Term Bond ETF Reduce -1.5% 1.31% −0.04
VTI VG Morningstar TS MKT ETF-US Reduce -7.6% 0.53% −0.04
SDY SS SPDR S&P Dividend ETF Reduce -0.6% 1.32% −0.03
IJK iShares S&P Mid-Cap 400 Grow Reduce -2.3% 1.24% −0.03
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.7% 5.05% −0.03
NOC Northrop Grumman Corp. Reduce -15.8% 0.08% −0.02
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -1.7% 0.60% −0.02
DLS Wisdomtree Intl S/C DVD Fund Reduce -1.9% 1.57% −0.02
ESGE iShares Inc. iShares ESG Awar Reduce -4.0% 0.44% −0.02
VCIT Vanguard Int-Term Corporate Reduce -1.5% 0.29% −0.01
PFE Pfizer Inc. Reduce -0.4% 0.20% −0.01
IWF iShares Russell 1000 Growth Reduce -4.9% 0.13% −0.01
IJJ iShares S&P Mid-Cap 400 Valu Reduce -0.7% 1.02% −0.01
IVE iShares S&P 500 Value ETF Reduce -1.6% 0.58% −0.00
VT Vanguard Tot World STK ETF Reduce -1.2% 1.14% −0.00
IUSG iShares Core S&P U.S. Growth Reduce -0.8% 1.35% +0.00
NEE Nextera Energy Inc. Reduce -3.6% 0.14% +0.00
IEMG iShares Core MSCI Emerging Reduce -0.6% 4.39% +0.00
DSI iShares ESG MSCI KLD 400 ETF Reduce -0.7% 1.35% +0.00
JPM JPMorgan Chase & Co. Reduce -0.5% 0.96% +0.00
SCHW Schwab (charles) Corp. Reduce -0.7% 0.43% +0.01
EFA iShares MSCI Eafe ETF Reduce -0.3% 0.86% +0.01
MCK McKesson Corp. Reduce -1.3% 0.54% +0.02
CMI Cummins Inc. Reduce -2.1% 0.14% +0.02
BAC Bank of America Corp. Reduce -1.0% 1.59% +0.07
JNJ Johnson & Johnson Reduce -0.2% 0.89% +0.08
GILD Gilead Sciences Inc. Reduce -0.3% 1.31% +0.11
AAPL Apple Inc. Reduce -0.0% 6.11% +0.31
GOOGL Alphabet Inc. Class A Reduce -4.4% 3.88% +0.69

Portfolio Buys Q3 2025 → Q4 2025
BIV Vanguard Intermediate-Term B Add +14.2% 4.17% +0.46
GM General Motors Co. Add +0.7% 1.18% +0.29
VOO Vanguard S&P 500 ETF Add +42.5% 0.64% +0.20
AMZN Amazon.com Inc. Add +18.3% 0.86% +0.16
ESGD iShares Trust iShares ESG Aw Add +15.5% 0.84% +0.12
EAGG iShares ESG Aware US Aggrega Add +16.3% 0.89% +0.11
IEFA iShares Core MSCI Eafe ETF Add +0.2% 7.48% +0.10
MAR Marriott International Class A New 0.06% +0.06
JLL Jones Lang Lasalle Inc. New 0.06% +0.06
ACN Accenture PLC Class A Add +2.7% 0.59% +0.06
MRK Merck & Co. Inc. Add +6.5% 0.22% +0.05
DIS The Walt Disney Co. Add +25.2% 0.23% +0.04
IJS iShares S&P Small-Cap 600 Va Add +2.6% 0.93% +0.04
TGT Target Corp. Add +0.8% 0.38% +0.03
ALL Allstate Corp. Add +7.8% 0.58% +0.02
GRNB Vaneck Green Bond ETF Add +8.6% 0.26% +0.02
IJH iShares Core S&P Midcap ETF Add +0.5% 4.00% +0.02
UNM Unum Group Add +5.1% 0.37% +0.01
IJT iShares S&P Small-Cap 600 GR Add +2.2% 1.22% +0.01
IJR iShares Core S&P Small-Cap E Add +0.3% 4.09% +0.01
UNP Union Pacific Corp. Add +11.1% 0.09% +0.01
USHY iShares Broad Usd High Yield Add +3.6% 0.36% +0.00
NUSC Nuveen ESG Small-Cap ETF Add +1.5% 0.30% +0.00
FDL First Trust Morn DVD Lead Inc. Add +0.4% 0.31% +0.00
SUSC iShares ESG Aware Usd Corpor Add +2.8% 0.17% +0.00
LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +3.1% 0.16% +0.00
VTEB Vanguard Tax-Exempt Bond ETF Add +0.0% 0.16% −0.00
BNDX Vanguard Total Intl Bond ETF Add +3.1% 1.32% −0.01
ROP Roper Technologies Inc. Add +6.3% 0.57% −0.04

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