Newman Dignan & Sheerar, Inc.

Name: Newman Dignan & Sheerar, Inc. 13F holdings, Q1 2025
Creator: Newman Dignan & Sheerar, Inc.
Published: 2025-05-14

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Newman Dignan & Sheerar, Inc. reported 175 stock positions worth $366.0 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 9.4% of the portfolio, followed by Schwab US DVD Equity ETF (SCHD, 6.7%) and Victoryshares Core Intermedi (UITB, 5.2%). Compared with Q4 2024, it opened 1 new position, sold out of 5, added to 63 and reduced 71. The biggest buy was Schwab US DVD Equity ETF (SCHD, shares +9%) and the biggest sale an exit from iShares Ibonds Dec 2029 Term (IBDU).

Most Recent 13F: Q2 2026
Location: PROVIDENCE, RI
CIK: 0001566493
Portfolio Value: $366.0M (Q1 2025)
SEC Filing: 0001566493-25-000003 ↗ filed May 14, 2025

Holdings Value

Holdings 175 stocks · $366.0M


SCHX Schwab US Large-Cap ETF	9.39%	1,557,037	$34.4M	Add +4.0%
SCHD Schwab US DVD Equity ETF	6.71%	878,549	$24.6M	Add +9.0%
UITB Victoryshares Core Intermedi	5.17%	403,219	$18.9M	Add +14.0%
AAPL Apple Inc.	4.14%	68,299	$15.2M	Reduce -5.2%
SGOL Abrdn Physical Gold Shares	3.57%	437,729	$13.1M	Reduce -2.2%
MSFT Microsoft Corp.	3.03%	29,553	$11.1M	Reduce -2.6%
GOOGL Alphabet Inc. Class A	2.40%	56,780	$8.8M	Reduce -1.2%
DFAE Dimensional Emerging Core Eq	2.37%	335,627	$8.7M	Reduce -3.4%
VTEB Vanguard Tax-Exempt Bond ETF	2.21%	163,222	$8.1M	Add +6.9%
NVDA Nvidia Corp.	2.00%	67,598	$7.3M	Reduce -5.8%
VOO Vanguard S&P 500 ETF	1.90%	13,522	$6.9M	Add +6.4%
SCHF Schwab Intl Equity ETF	1.78%	328,943	$6.5M	Add +3.3%
FPE FT-Preferred Secur & Inc. ETF	1.70%	353,676	$6.2M	Add +5.0%
GSIE Goldman Sachs Activebeta Int	1.65%	169,642	$6.0M	Add +6.0%
SCHG Schwab US Large-Cap Growth	1.63%	238,114	$6.0M	Reduce -8.5%
JPM JPMorgan Chase & Co.	1.47%	21,989	$5.4M	Reduce -4.0%
AMZN Amazon.com Inc.	1.46%	28,061	$5.3M	Add +1.7%
AVGO Broadcom Inc.	1.26%	27,484	$4.6M	Reduce -5.5%
SCHV Schwab US Large-Cap Value	1.19%	164,393	$4.4M	Reduce -8.2%
JMUB JPMorgan Municipal ETF	1.18%	86,207	$4.3M	Add +3.0%
SCHM Schwab US Mid Cap ETF	1.17%	164,046	$4.3M	Reduce -42.0%
MRK Merck & Co. Inc.	1.15%	46,985	$4.2M	Reduce -7.9%
VO Vngrd Mrngstr MD-Cap ETF-Usd	1.14%	16,086	$4.2M	Add +22.6%
IJH iShares Core S&P Midcap ETF	1.09%	68,126	$4.0M	Add +2.3%
SCHA Schwab US Small-Cap ETF	0.99%	154,216	$3.6M	Reduce -15.5%
PG The Procter & Gamble Co.	0.96%	20,615	$3.5M	Reduce -1.7%
BRK.B Berkshire Hathaway Inc. Class B	0.94%	6,491	$3.5M	Add +1.6%
NOBL Proshares S&P 500 Dividend A	0.92%	33,018	$3.4M	Reduce -45.6%
GLD SPDR Gold Shares	0.85%	10,806	$3.1M	Reduce -3.2%
META Meta Platforms Inc. Class A	0.85%	5,380	$3.1M	Add +4.5%
DFAI Dimensional International Co.	0.82%	96,230	$3.0M	Add +39.6%
VEU Vanguard Ftse All-World Ex-U	0.82%	49,531	$3.0M	Add +0.3%
FISV Fiserv Inc.	0.75%	12,503	$2.8M	Reduce -2.8%
RTX RTX Corp.	0.75%	20,784	$2.8M	Reduce -0.7%
IJR iShares Core S&P Small-Cap E	0.74%	25,949	$2.7M	Reduce -0.8%
LOW Lowe's Cos Inc.	0.73%	11,499	$2.7M	Reduce -1.9%
SDY SS SPDR S&P Dividend ETF	0.71%	19,039	$2.6M	Reduce -5.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.69%	10,190	$2.5M	Reduce -0.9%
CVX Chevron Corp.	0.69%	15,066	$2.5M	Add +0.4%
AMGN Amgen Inc.	0.69%	8,085	$2.5M	Add +1.0%
PWR Quanta Services Inc.	0.69%	9,875	$2.5M	Reduce -3.0%
SPY SS SPDR S&P 500 ETF Trust-US	0.67%	4,410	$2.5M	Reduce -0.3%
PANW Palo Alto Networks Inc.	0.66%	14,235	$2.4M	Add +0.9%
PEP Pepsico Inc.	0.65%	15,762	$2.4M	Reduce -1.6%
GOOG Alphabet Inc. Class C	0.63%	14,699	$2.3M	Reduce -4.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.62%	54,024	$2.3M	Reduce -0.6%
UNP Union Pacific Corp.	0.61%	9,425	$2.2M	Reduce -0.8%
CSCO Cisco Systems Inc.	0.55%	32,375	$2.0M	Reduce -1.3%
MA Mastercard Inc. Class A	0.50%	3,330	$1.8M	Reduce -1.9%
HD Home Depot Inc.	0.49%	4,915	$1.8M	Reduce -1.8%
IBMP iShares Ibonds Dec 2027 Term	0.49%	70,995	$1.8M	No change
LHX L3HARRIS Technologies Inc.	0.49%	8,522	$1.8M	Reduce -2.9%
ADP Automatic Data Processing	0.49%	5,835	$1.8M	Reduce -1.1%
V Visa Inc. Class A	0.45%	4,745	$1.7M	Reduce -4.9%
XOM Exxon Mobil Corp.	0.44%	13,479	$1.6M	Add +0.5%
MCD McDonald's Corp.	0.43%	5,044	$1.6M	Add +0.0%
SCHB Schwab US Broad Market ETF	0.42%	71,091	$1.5M	Reduce -0.8%
VUG Vanguard Mrngstar GR ETF-Sui	0.40%	3,955	$1.5M	Reduce -4.1%
VZ Verizon Communications Inc.	0.38%	30,619	$1.4M	Reduce -3.0%
NEE Nextera Energy Inc.	0.36%	18,516	$1.3M	Add +11.6%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.36%	6,999	$1.3M	Reduce -9.0%
ROP Roper Technologies Inc.	0.35%	2,203	$1.3M	Add +19.3%
EMR Emerson Electric Co.	0.35%	11,844	$1.3M	No change
MDT Medtronic PLC	0.35%	14,369	$1.3M	Reduce -2.8%
QCOM Qualcomm Inc.	0.35%	8,364	$1.3M	Add +0.9%
TMO Thermo Fisher Scientific Inc.	0.35%	2,582	$1.3M	Add +3.7%
VTV Vanguard Mrngstr Val ETF-Aui	0.34%	7,155	$1.2M	Reduce -1.3%
IBMQ iShares Ibonds Dec 2028 Muni	0.33%	48,256	$1.2M	Add +22.6%
IBMN iShares Ibonds Dec 2025 Term	0.32%	43,631	$1.2M	Reduce -34.1%
CRM Salesforce Inc.	0.31%	4,254	$1.1M	Add +9.7%
BMY Bristol-Myers Squibb Co.	0.30%	17,969	$1.1M	Add +1.8%
WMT Walmart Inc.	0.30%	12,426	$1.1M	Add +2.6%
CWI State Street SPDR MSCI Acwi	0.30%	36,584	$1.1M	Add +1.9%
XLK SS Technology Select Sector	0.28%	4,923	$1.0M	Reduce -3.9%
ORCL Oracle Corp.	0.28%	7,225	$1.0M	Add +1.7%
VNQ Vanguard Real Estate ETF	0.27%	11,031	$999K	Add +0.5%
LLY Eli Lilly & Co.	0.27%	1,205	$995K	Reduce -8.6%
MDLZ Mondelez International Inc. Class A	0.27%	14,365	$975K	Reduce -4.8%
KO The Coca-Cola Co.	0.27%	13,554	$971K	No change
IEMG iShares Core MSCI Emerging	0.26%	17,750	$958K	Reduce -13.8%
VIG Vanguard Dividend Apprec ETF	0.25%	4,667	$905K	Reduce -5.8%
DHR Danaher Corp.	0.24%	4,234	$868K	Reduce -2.2%
BX Blackstone Inc.	0.24%	6,193	$866K	Add +0.1%
IBDQ iShares Ibonds Dec 2025 Term	0.23%	33,854	$851K	Reduce -15.2%
ABBV Abbvie Inc.	0.23%	4,035	$845K	Add +3.9%
CFG Citizens Financial Group	0.23%	20,353	$834K	Reduce -8.9%
ADBE Adobe Inc.	0.22%	2,139	$820K	Add +29.2%
ITW Illinois Tool Works	0.22%	3,178	$788K	Reduce -1.4%
KLAC KLA Corp.	0.21%	1,116	$759K	Add +1.7%
XBI SS SPDR S&P Biotech ETF	0.20%	9,076	$736K	Reduce -15.6%
AMAT Applied Materials Inc.	0.20%	5,034	$731K	Add +13.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.20%	5,902	$719K	Add +3.1%
PBE Invesco Biotechnology & Geno	0.19%	10,872	$690K	No change
HPQ HP Inc.	0.18%	24,014	$665K	Add +7.1%
ABT Abbott Laboratories	0.18%	4,906	$651K	Add +0.3%
CVS CVS Health Corp.	0.17%	9,359	$634K	Reduce -3.7%
CMC Commercial Metals Co.	0.17%	13,239	$609K	Reduce -4.5%
GE General Electric filed as GE AEROSPACE	0.15%	2,835	$567K	No change
COST Costco Wholesale Corp.	0.15%	593	$561K	Add +1.4%
GS Goldman Sachs Group Inc.	0.15%	1,016	$555K	Add +15.2%
IBDV iShares Ibonds Dec 2030 Corp.	0.15%	24,955	$542K	Add +21.5%
MUB iShares National Muni Bond E	0.15%	5,124	$540K	Add +0.0%
STT State Street Corp.	0.15%	6,000	$537K	No change
VDC Vanguard Consumer Staple ETF	0.14%	2,347	$514K	No change
PEG Public Service Enterprise GP	0.14%	6,162	$507K	Reduce -5.0%
IBDR iShares Ibonds Dec 2026 Term	0.13%	19,609	$475K	Reduce -5.4%
AMT American Tower Corp.	0.13%	2,172	$473K	Add +4.9%
TSN Tyson Foods Inc. Class A	0.12%	6,976	$445K	Add +6.9%
MPLX MPLX LP	0.12%	8,300	$444K	No change
PFE Pfizer Inc.	0.12%	17,213	$436K	Reduce -1.3%
IBDS Ishrs Ibnds Dec 27 Corp. ETF	0.11%	17,383	$420K	Add +10.7%
AON Aon PLC Class A	0.11%	1,050	$419K	No change
HACK Amplify Cybersecurity ETF	0.11%	5,779	$415K	Add +1.9%
IVW iShares S&P 500 Growth ETF	0.11%	4,452	$413K	Reduce -11.1%
NVS Novartis AG-Sponsored ADR	0.11%	3,699	$412K	No change
INTU Intuit Inc.	0.11%	640	$393K	Add +6.7%
KMI Kinder Morgan Inc.	0.11%	13,500	$385K	Add +0.7%
TFC Truist Financial Corp.	0.10%	9,316	$383K	Reduce -6.4%
SCHZ Schwab US Aggregate Bond ETF	0.10%	16,114	$373K	Reduce -2.0%
IBDW iShares Ibonds Dec 2031 Corp.	0.10%	17,973	$373K	Add +12.3%
JBND JPMorgan Active Bond ETF	0.10%	6,925	$371K	Reduce -59.4%
VRTX Vertex Pharmaceuticals Inc.	0.10%	761	$369K	Add +4.3%
PLTR Palantir Technologies Inc. Class A	0.10%	4,327	$365K	Reduce -1.8%
MDY State Street SPDR S&P Midcap	0.10%	673	$359K	Reduce -10.6%
COP Conocophillips	0.10%	3,405	$358K	No change
PYPL PayPal Holdings Inc.	0.09%	5,325	$347K	No change
LKQ LKQ Corp.	0.09%	8,059	$343K	Add +10.8%
MMM 3M Co.	0.09%	2,296	$337K	Add +0.0%
VEA Vanguard Ftse Developed ETF	0.09%	6,397	$325K	Add +6.7%
VXUS Vanguard Total Intl Stock	0.09%	5,062	$314K	Reduce -0.9%
XLE SS Energy Select Sector	0.09%	3,350	$313K	No change
IWM iShares Russell 2000 ETF	0.09%	1,563	$312K	Add +19.9%
PM Philip Morris International	0.08%	1,950	$310K	No change
NKE Nike Inc. Class B	0.08%	4,819	$306K	Add +0.0%
SPLV Invesco S&P 500 Low Volatili	0.08%	4,028	$301K	No change
MTUM iShares MSCI USA Momentum Fa	0.08%	1,489	$301K	Reduce -0.5%
CARR Carrier Global Corp.	0.08%	4,680	$297K	No change
TGT Target Corp.	0.08%	2,824	$295K	Add +11.7%
WFC Wells Fargo & Co.	0.08%	4,030	$289K	No change
INCY Incyte Corp.	0.08%	4,737	$287K	Reduce -9.3%
VOE Vngrd Mrngstr MD-Cap Val ETF	0.08%	1,768	$284K	Add +0.7%
NOC Northrop Grumman Corp.	0.08%	553	$283K	No change
CI The Cigna Group	0.08%	856	$282K	No change
MS Morgan Stanley	0.07%	2,328	$272K	No change
DD Dupont DE Nemours Inc.	0.07%	3,623	$271K	No change
TSLA Tesla Inc.	0.07%	1,020	$264K	Add +27.3%
INTC Intel Corp.	0.07%	11,428	$260K	No change
MO Altria Group Inc.	0.07%	4,254	$255K	No change
UL Unilever PLC	0.07%	4,200	$250K	No change
GEV GE Vernova Inc.	0.07%	807	$246K	Add +6.6%
XLRE SS Real Estate Select Sector	0.06%	5,367	$225K	Reduce -9.1%
LMT Lockheed Martin Corp.	0.06%	494	$221K	Reduce -60.0%
SOFI Sofi Technologies Inc.	0.06%	18,868	$219K	Add +12.5%
SYY Sysco Corp.	0.06%	2,875	$216K	No change
TSM Taiwan Semiconductor-SP ADR	0.06%	1,291	$214K	Add +10.7%
PPG PPG Industries Inc.	0.06%	1,920	$210K	No change
WYNN WYNN Resorts Ltd.	0.06%	2,466	$206K	No change
TEL Te Connectivity PLC	0.05%	1,400	$198K	No change
SHOP Shopify Inc. Class A	0.05%	2,070	$198K	No change
REGN Regeneron Pharmaceuticals	0.05%	287	$182K	Reduce -8.0%
D Dominion Energy Inc.	0.04%	2,900	$163K	Reduce -32.6%
SKIN Skinhealth Systems Inc. filed as THE BEAUTY HEALTH COMPANY	0.03%	71,144	$95K	No change
SNDL SNDL Inc.	0.02%	64,420	$91K	No change
GPN Global Payments Inc.	0.02%	916	$90K	Reduce -49.8%
MLCO Melco Resorts & Entert-ADR	0.02%	15,566	$82K	No change
STZ Constellation Brands Inc. Class A	0.01%	300	$55K	Reduce -82.9%
NIO Nio Inc. - ADR	0.01%	12,023	$46K	No change
CLEARSIDE BIOMEDICAL INC	0.01%	30,123	$28K	No change
ZYXIQ Zynex Inc.	0.01%	11,215	$25K	No change
BRTX Biorestorative Therapies Inc.	0.01%	11,522	$21K	No change
TLRY Tilray Brands Inc.	0.00%	26,150	$17K	No change
JFIN Jiayin Group Inc.-ADR	0.00%	1,000	$14K	New
ONCY Oncolytics Biotech Inc.	0.00%	22,915	$13K	No change
ADAPY Adaptimmune Therapeutics-ADR	0.00%	27,957	$6K	No change
OVID Ovid Therapeutics Inc.	0.00%	16,522	$5K	No change

Other holdings (1): bonds, preferreds, convertibles and warrants · $350K (not counted above)

Security	Class	Shares / Principal	Value	Change
WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	291	$350K	Add +1.0%

Total filed on the 13F, all lines: $366.4M.

Portfolio Sells Q4 2024 → Q1 2025


IBDU iShares Ibonds Dec 2029 Term	Sold out	0.00%	−0.88
JNJ Johnson & Johnson	Sold out	0.00%	−0.86
SCHM Schwab US Mid Cap ETF	Reduce -42.0%	1.17%	−0.83
IBMO iShares Ibonds Dec 2026 Term	Sold out	0.00%	−0.78
NOBL Proshares S&P 500 Dividend A	Reduce -45.6%	0.92%	−0.63
AAPL Apple Inc.	Reduce -5.2%	4.14%	−0.48
AVGO Broadcom Inc.	Reduce -5.5%	1.26%	−0.47
NVDA Nvidia Corp.	Reduce -5.8%	2.00%	−0.47
GOOGL Alphabet Inc. Class A	Reduce -1.2%	2.40%	−0.39
MSFT Microsoft Corp.	Reduce -2.6%	3.03%	−0.25
SCHG Schwab US Large-Cap Growth	Reduce -8.5%	1.63%	−0.23
DIS The Walt Disney Co.	Sold out	0.00%	−0.23
SCHA Schwab US Small-Cap ETF	Reduce -15.5%	0.99%	−0.22
MRK Merck & Co. Inc.	Reduce -7.9%	1.15%	−0.15
PWR Quanta Services Inc.	Reduce -3.0%	0.69%	−0.14
IBMN iShares Ibonds Dec 2025 Term	Reduce -34.1%	0.32%	−0.13
JBND JPMorgan Active Bond ETF	Reduce -59.4%	0.10%	−0.13
GOOG Alphabet Inc. Class C	Reduce -4.4%	0.63%	−0.12
IBMR iShares Ibonds Dec 2029 M BD	Sold out	0.00%	−0.10
LMT Lockheed Martin Corp.	Reduce -60.0%	0.06%	−0.09
STZ Constellation Brands Inc. Class A	Reduce -82.9%	0.01%	−0.08
XBI SS SPDR S&P Biotech ETF	Reduce -15.6%	0.20%	−0.05
VBR Vngrd Mrngst SL-CP Val ETF-U	Reduce -9.0%	0.36%	−0.03
VUG Vanguard Mrngstar GR ETF-Sui	Reduce -4.1%	0.40%	−0.03
IJR iShares Core S&P Small-Cap E	Reduce -0.8%	0.74%	−0.03
GPN Global Payments Inc.	Reduce -49.8%	0.02%	−0.03
XLK SS Technology Select Sector	Reduce -3.9%	0.28%	−0.03
IBDQ iShares Ibonds Dec 2025 Term	Reduce -15.2%	0.23%	−0.02
CFG Citizens Financial Group	Reduce -8.9%	0.23%	−0.02
DHR Danaher Corp.	Reduce -2.2%	0.24%	−0.02
IVW iShares S&P 500 Growth ETF	Reduce -11.1%	0.11%	−0.02
D Dominion Energy Inc.	Reduce -32.6%	0.04%	−0.01
INCY Incyte Corp.	Reduce -9.3%	0.08%	−0.01
IEMG iShares Core MSCI Emerging	Reduce -13.8%	0.26%	−0.01
MDY State Street SPDR S&P Midcap	Reduce -10.6%	0.10%	−0.01
CMC Commercial Metals Co.	Reduce -4.5%	0.17%	−0.01
LOW Lowe's Cos Inc.	Reduce -1.9%	0.73%	−0.01
REGN Regeneron Pharmaceuticals	Reduce -8.0%	0.05%	−0.01
HD Home Depot Inc.	Reduce -1.8%	0.49%	−0.01
TFC Truist Financial Corp.	Reduce -6.4%	0.10%	−0.01
SCHV Schwab US Large-Cap Value	Reduce -8.2%	1.19%	−0.00
PEG Public Service Enterprise GP	Reduce -5.0%	0.14%	−0.00
VIG Vanguard Dividend Apprec ETF	Reduce -5.8%	0.25%	−0.00
XLRE SS Real Estate Select Sector	Reduce -9.1%	0.06%	−0.00
PFE Pfizer Inc.	Reduce -1.3%	0.12%	+0.00
SCHB Schwab US Broad Market ETF	Reduce -0.8%	0.42%	+0.00
IBDR iShares Ibonds Dec 2026 Term	Reduce -5.4%	0.13%	+0.00
MTUM iShares MSCI USA Momentum Fa	Reduce -0.5%	0.08%	+0.00
BAC Bank of America Corp.	Reduce -0.6%	0.62%	+0.00
ITW Illinois Tool Works	Reduce -1.4%	0.22%	+0.01

Portfolio Buys Q4 2024 → Q1 2025


SCHD Schwab US DVD Equity ETF	Add +9.0%	6.71%	+1.07
UITB Victoryshares Core Intermedi	Add +14.0%	5.17%	+1.00
SCHX Schwab US Large-Cap ETF	Add +4.0%	9.39%	+0.50
DFAI Dimensional International Co.	Add +39.6%	0.82%	+0.31
GSIE Goldman Sachs Activebeta Int	Add +6.0%	1.65%	+0.28
SCHF Schwab Intl Equity ETF	Add +3.3%	1.78%	+0.27
VTEB Vanguard Tax-Exempt Bond ETF	Add +6.9%	2.21%	+0.25
VO Vngrd Mrngstr MD-Cap ETF-Usd	Add +22.6%	1.14%	+0.25
BRK.B Berkshire Hathaway Inc. Class B	Add +1.6%	0.94%	+0.20
FPE FT-Preferred Secur & Inc. ETF	Add +5.0%	1.70%	+0.17
AMGN Amgen Inc.	Add +1.0%	0.69%	+0.15
VOO Vanguard S&P 500 ETF	Add +6.4%	1.90%	+0.14
CVX Chevron Corp.	Add +0.4%	0.69%	+0.13
ROP Roper Technologies Inc.	Add +19.3%	0.35%	+0.11
JMUB JPMorgan Municipal ETF	Add +3.0%	1.18%	+0.10
VEU Vanguard Ftse All-World Ex-U	Add +0.3%	0.82%	+0.09
IBMQ iShares Ibonds Dec 2028 Muni	Add +22.6%	0.33%	+0.08
META Meta Platforms Inc. Class A	Add +4.5%	0.85%	+0.07
XOM Exxon Mobil Corp.	Add +0.5%	0.44%	+0.07
MCD McDonald's Corp.	Add +0.0%	0.43%	+0.06
ABBV Abbvie Inc.	Add +3.9%	0.23%	+0.05
NEE Nextera Energy Inc.	Add +11.6%	0.36%	+0.05
BMY Bristol-Myers Squibb Co.	Add +1.8%	0.30%	+0.04
CWI State Street SPDR MSCI Acwi	Add +1.9%	0.30%	+0.04
ABT Abbott Laboratories	Add +0.3%	0.18%	+0.04
IBDV iShares Ibonds Dec 2030 Corp.	Add +21.5%	0.15%	+0.04
ADBE Adobe Inc.	Add +29.2%	0.22%	+0.04
AMT American Tower Corp.	Add +4.9%	0.13%	+0.03
KLAC KLA Corp.	Add +1.7%	0.21%	+0.03
TSN Tyson Foods Inc. Class A	Add +6.9%	0.12%	+0.03
VRTX Vertex Pharmaceuticals Inc.	Add +4.3%	0.10%	+0.03
LKQ LKQ Corp.	Add +10.8%	0.09%	+0.03
QCOM Qualcomm Inc.	Add +0.9%	0.35%	+0.02
IJH iShares Core S&P Midcap ETF	Add +2.3%	1.09%	+0.02
VNQ Vanguard Real Estate ETF	Add +0.5%	0.27%	+0.02
GS Goldman Sachs Group Inc.	Add +15.2%	0.15%	+0.02
TJX TJX Companies Inc.	Add +3.1%	0.20%	+0.02
TMO Thermo Fisher Scientific Inc.	Add +3.7%	0.35%	+0.02
IBDW iShares Ibonds Dec 2031 Corp.	Add +12.3%	0.10%	+0.02
IBDS Ishrs Ibnds Dec 27 Corp. ETF	Add +10.7%	0.11%	+0.02
WMT Walmart Inc.	Add +2.6%	0.30%	+0.02
MMM 3M Co.	Add +0.0%	0.09%	+0.02
COST Costco Wholesale Corp.	Add +1.4%	0.15%	+0.02
VEA Vanguard Ftse Developed ETF	Add +6.7%	0.09%	+0.02
AMAT Applied Materials Inc.	Add +13.5%	0.20%	+0.01
IWM iShares Russell 2000 ETF	Add +19.9%	0.09%	+0.01
KMI Kinder Morgan Inc.	Add +0.7%	0.11%	+0.01
INTU Intuit Inc.	Add +6.7%	0.11%	+0.01
MUB iShares National Muni Bond E	Add +0.0%	0.15%	+0.01
PANW Palo Alto Networks Inc.	Add +0.9%	0.66%	+0.01

Notes & Other Activity Q4 2024 → Q1 2025


WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	Add +1.0%	291	$350K
Credit Suisse Group 10/31/2025 1.500percent	BD · principal	Sold out	25,000	$28Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	196	$522.5M	SCHX, VSLU, SCHD, GOOGL, DFAE
Q1 2026	191	$474.7M	SCHX, VSLU, SCHD, UITB, SGOL
Q4 2025	187	$479.5M	SCHX, VSLU, SCHD, UITB, GOOGL
Q3 2025	179	$462.7M	SCHX, VSLU, SCHD, UITB, AAPL
Q2 2025	194	$434.7M	SCHX, VSLU, SCHD, UITB, MSFT
Q1 2025Amended	175	$366.0M	SCHX, SCHD, UITB, AAPL, SGOL
Q4 2024	179	$390.0M	SCHX, SCHD, AAPL, UITB, MSFT
Q3 2024	186	$417.2M	SCHX, VSLU, SCHD, AAPL, UITB
Q2 2024	168	$387.4M	SCHX, VSLU, SCHD, AAPL, MSFT
Q1 2024	170	$373.7M	SCHX, SCHD, VSLU, MSFT, AAPL