Newman Dignan & Sheerar, Inc.

Name: Newman Dignan & Sheerar, Inc. 13F holdings, Q2 2025
Creator: Newman Dignan & Sheerar, Inc.
Published: 2025-07-18

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

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 18, 2025), Newman Dignan & Sheerar, Inc. reported 194 stock positions worth $434.7 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 8.8% of the portfolio, followed by Applied Finance Valuat ETF (VSLU, 6.2%) and Schwab US DVD Equity ETF (SCHD, 5.5%). Compared with Q1 2025, it opened 28 new positions, sold out of 9, added to 54 and reduced 88. The biggest buy was a new position in Applied Finance Valuat ETF (VSLU) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −51%).

Most Recent 13F: Q2 2026
Location: PROVIDENCE, RI
CIK: 0001566493
Portfolio Value: $434.7M (Q2 2025)
SEC Filing: 0001566493-25-000004 ↗ filed Jul 18, 2025

Holdings Value

Holdings 194 stocks · $434.7M


SCHX Schwab US Large-Cap ETF	8.79%	1,564,224	$38.2M	Add +0.5%
VSLU Applied Finance Valuat ETF	6.20%	688,643	$27.0M	New
SCHD Schwab US DVD Equity ETF	5.51%	903,333	$23.9M	Add +2.8%
UITB Victoryshares Core Intermedi	4.80%	443,544	$20.9M	Add +10.0%
MSFT Microsoft Corp.	3.19%	27,883	$13.9M	Reduce -5.7%
SGOL Abrdn Physical Gold Shares	3.04%	418,637	$13.2M	Reduce -4.4%
AAPL Apple Inc.	2.87%	60,853	$12.5M	Reduce -10.9%
DFAE Dimensional Emerging Core Eq	2.31%	346,996	$10.0M	Add +3.4%
GOOGL Alphabet Inc. Class A	2.21%	54,496	$9.6M	Reduce -4.0%
NVDA Nvidia Corp.	2.18%	60,009	$9.5M	Reduce -11.2%
AVGO Broadcom Inc.	1.71%	27,020	$7.4M	Reduce -1.7%
SCHF Schwab Intl Equity ETF	1.67%	329,440	$7.3M	Add +0.1%
VOO Vanguard S&P 500 ETF	1.67%	12,762	$7.2M	Reduce -5.6%
GSIE Goldman Sachs Activebeta Int	1.61%	176,397	$7.0M	Add +4.0%
FPE FT-Preferred Secur & Inc. ETF	1.57%	382,411	$6.8M	Add +8.1%
SCHG Schwab US Large-Cap Growth	1.55%	230,380	$6.7M	Reduce -3.3%
AMZN Amazon.com Inc.	1.45%	28,730	$6.3M	Add +2.4%
JHMM John Hancock Multi Fact Mid	1.39%	98,932	$6.0M	New
JPM JPMorgan Chase & Co.	1.36%	20,399	$5.9M	Reduce -7.2%
JMUB JPMorgan Municipal ETF	1.15%	100,576	$5.0M	Add +16.7%
SCHV Schwab US Large-Cap Value	1.02%	159,555	$4.4M	Reduce -2.9%
SCHM Schwab US Mid Cap ETF	1.00%	155,302	$4.4M	Reduce -5.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd	1.00%	15,538	$4.3M	Reduce -3.4%
IJH iShares Core S&P Midcap ETF	0.96%	67,278	$4.2M	Reduce -1.2%
META Meta Platforms Inc. Class A	0.91%	5,350	$3.9M	Reduce -0.6%
VTEB Vanguard Tax-Exempt Bond ETF	0.90%	79,631	$3.9M	Reduce -51.2%
IBDU iShares Ibonds Dec 2029 Term	0.88%	164,675	$3.8M	New
DFAI Dimensional International Co.	0.86%	108,003	$3.7M	Add +12.2%
MRK Merck & Co. Inc.	0.84%	45,934	$3.6M	Reduce -2.2%
PWR Quanta Services Inc.	0.82%	9,429	$3.6M	Reduce -4.5%
JNJ Johnson & Johnson	0.81%	22,934	$3.5M	New
MUNI PIMCO Intermediate Municipal	0.79%	67,285	$3.5M	New
VEU Vanguard Ftse All-World Ex-U	0.79%	50,836	$3.4M	Add +2.6%
SCHA Schwab US Small-Cap ETF	0.77%	132,589	$3.4M	Reduce -14.0%
GLD SPDR Gold Shares	0.74%	10,584	$3.2M	Reduce -2.0%
BRK.B Berkshire Hathaway Inc. Class B	0.72%	6,462	$3.1M	Reduce -0.5%
PG The Procter & Gamble Co.	0.69%	18,923	$3.0M	Reduce -8.2%
RTX RTX Corp.	0.69%	20,639	$3.0M	Reduce -0.7%
SPY SS SPDR S&P 500 ETF Trust-US	0.66%	4,666	$2.9M	Add +5.8%
PANW Palo Alto Networks Inc.	0.66%	14,055	$2.9M	Reduce -1.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.65%	9,601	$2.8M	Reduce -5.8%
NOBL Proshares S&P 500 Dividend A	0.63%	27,180	$2.7M	Reduce -17.7%
IBMO iShares Ibonds Dec 2026 Term	0.62%	105,943	$2.7M	New
IJR iShares Core S&P Small-Cap E	0.60%	23,732	$2.6M	Reduce -8.5%
SDY SS SPDR S&P Dividend ETF	0.59%	19,014	$2.6M	Reduce -0.1%
LOW Lowe's Cos Inc.	0.58%	11,421	$2.5M	Reduce -0.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.58%	52,926	$2.5M	Reduce -2.0%
GOOG Alphabet Inc. Class C	0.56%	13,714	$2.4M	Reduce -6.7%
AMGN Amgen Inc.	0.52%	8,055	$2.2M	Reduce -0.4%
CSCO Cisco Systems Inc.	0.51%	31,821	$2.2M	Reduce -1.7%
CVX Chevron Corp.	0.49%	14,998	$2.1M	Reduce -0.5%
UNP Union Pacific Corp.	0.49%	9,227	$2.1M	Reduce -2.1%
FISV Fiserv Inc.	0.49%	12,304	$2.1M	Reduce -1.6%
LHX L3HARRIS Technologies Inc.	0.48%	8,296	$2.1M	Reduce -2.6%
PEP Pepsico Inc.	0.47%	15,494	$2.0M	Reduce -1.7%
ADP Automatic Data Processing	0.41%	5,835	$1.8M	No change
MA Mastercard Inc. Class A	0.40%	3,131	$1.8M	Reduce -6.0%
HD Home Depot Inc.	0.40%	4,796	$1.8M	Reduce -2.4%
IBMP iShares Ibonds Dec 2027 Term	0.40%	68,999	$1.7M	Reduce -2.8%
SCHB Schwab US Broad Market ETF	0.39%	71,248	$1.7M	Add +0.2%
V Visa Inc. Class A	0.38%	4,640	$1.6M	Reduce -2.2%
ORCL Oracle Corp.	0.36%	7,158	$1.6M	Reduce -0.9%
MCD McDonald's Corp.	0.34%	5,024	$1.5M	Reduce -0.4%
EMR Emerson Electric Co.	0.34%	10,935	$1.5M	Reduce -7.7%
JHSC John Hancock Multi Small Cap	0.32%	35,882	$1.4M	New
QCOM Qualcomm Inc.	0.31%	8,390	$1.3M	Add +0.3%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.30%	6,719	$1.3M	Reduce -4.0%
XLK SS Technology Select Sector	0.30%	5,158	$1.3M	Add +4.8%
VZ Verizon Communications Inc.	0.29%	29,530	$1.3M	Reduce -3.6%
ROP Roper Technologies Inc.	0.29%	2,252	$1.3M	Add +2.2%
IBMQ iShares Ibonds Dec 2028 Muni	0.28%	48,256	$1.2M	No change
MDT Medtronic PLC	0.28%	13,960	$1.2M	Reduce -2.9%
NEE Nextera Energy Inc.	0.27%	17,067	$1.2M	Reduce -7.8%
XOM Exxon Mobil Corp.	0.27%	10,731	$1.2M	Reduce -20.4%
CRM Salesforce Inc.	0.26%	4,199	$1.1M	Reduce -1.3%
CWI State Street SPDR MSCI Acwi	0.25%	33,705	$1.1M	Reduce -7.9%
VUG Vanguard Mrngstar GR ETF-Sui	0.24%	2,366	$1.0M	Reduce -40.2%
TMO Thermo Fisher Scientific Inc.	0.24%	2,557	$1.0M	Reduce -1.0%
KLAC KLA Corp.	0.23%	1,132	$1.0M	Add +1.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.23%	8,168	$1.0M	New
IEMG iShares Core MSCI Emerging	0.22%	16,226	$974K	Reduce -8.6%
KO The Coca-Cola Co.	0.22%	13,690	$969K	Add +1.0%
VIG Vanguard Dividend Apprec ETF	0.21%	4,567	$935K	Reduce -2.1%
BX Blackstone Inc.	0.21%	6,200	$927K	Add +0.1%
VTV Vanguard Mrngstr Val ETF-Aui	0.21%	5,205	$920K	Reduce -27.3%
AMAT Applied Materials Inc.	0.21%	4,921	$901K	Reduce -2.2%
CFG Citizens Financial Group	0.20%	19,725	$883K	Reduce -3.1%
IVV iShares Core S&P 500 ETF	0.20%	1,403	$871K	New
WMT Walmart Inc.	0.20%	8,877	$868K	Reduce -28.6%
MDLZ Mondelez International Inc. Class A	0.20%	12,815	$864K	Reduce -10.8%
VNQ Vanguard Real Estate ETF	0.20%	9,583	$853K	Reduce -13.1%
BMY Bristol-Myers Squibb Co.	0.19%	18,008	$834K	Add +0.2%
ADBE Adobe Inc.	0.19%	2,098	$812K	Reduce -1.9%
LLY Eli Lilly & Co.	0.18%	1,026	$800K	Reduce -14.8%
IBMS ISHARESIBONDDEC2030MUNIBDETF	0.18%	31,016	$796K	New
GS Goldman Sachs Group Inc.	0.18%	1,083	$766K	Add +6.6%
ITW Illinois Tool Works	0.17%	3,073	$760K	Reduce -3.3%
ABBV Abbvie Inc.	0.17%	4,040	$750K	Add +0.1%
DHR Danaher Corp.	0.17%	3,794	$750K	Reduce -10.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.17%	5,968	$737K	Add +1.1%
XBI SS SPDR S&P Biotech ETF	0.16%	8,581	$712K	Reduce -5.5%
PBE Invesco Biotechnology & Geno	0.15%	10,472	$671K	Reduce -3.7%
ABT Abbott Laboratories	0.15%	4,917	$669K	Add +0.2%
PLTR Palantir Technologies Inc. Class A	0.15%	4,836	$659K	Add +11.8%
GE General Electric filed as GE AEROSPACE	0.15%	2,543	$654K	Reduce -10.3%
CMC Commercial Metals Co.	0.15%	13,345	$653K	Add +0.8%
STT State Street Corp.	0.15%	6,011	$639K	Add +0.2%
CVS CVS Health Corp.	0.14%	9,064	$625K	Reduce -3.1%
HPQ HP Inc.	0.14%	24,294	$594K	Add +1.2%
COST Costco Wholesale Corp.	0.14%	593	$587K	No change
IBDW iShares Ibonds Dec 2031 Corp.	0.13%	27,761	$584K	Add +54.5%
IBDV iShares Ibonds Dec 2030 Corp.	0.12%	23,757	$522K	Reduce -4.8%
VDC Vanguard Consumer Staple ETF	0.12%	2,347	$514K	No change
INTU Intuit Inc.	0.12%	650	$512K	Add +1.6%
HACK Amplify Cybersecurity ETF	0.11%	5,779	$499K	No change
IBDR iShares Ibonds Dec 2026 Term	0.11%	20,581	$499K	Add +5.0%
PEG Public Service Enterprise GP	0.11%	5,915	$498K	Reduce -4.0%
PYPL PayPal Holdings Inc.	0.11%	6,560	$488K	Add +23.2%
IVW iShares S&P 500 Growth ETF	0.11%	4,399	$484K	Reduce -1.2%
IBMN iShares Ibonds Dec 2025 Term	0.11%	17,280	$462K	Reduce -60.4%
VTI VG Morningstar TS MKT ETF-US	0.11%	1,520	$462K	New
AMT American Tower Corp.	0.11%	2,076	$459K	Reduce -4.4%
NVS Novartis AG-Sponsored ADR	0.10%	3,699	$448K	No change
IBDQ iShares Ibonds Dec 2025 Term	0.10%	17,768	$447K	Reduce -47.5%
MPLX MPLX LP	0.10%	8,100	$417K	Reduce -2.4%
IBMR iShares Ibonds Dec 2029 M BD	0.10%	16,414	$414K	New
FNDX Schwab Fndmntl US LRG Co. ETF	0.09%	16,131	$396K	New
IBDS Ishrs Ibnds Dec 27 Corp. ETF	0.09%	16,297	$396K	Reduce -6.3%
TSN Tyson Foods Inc. Class A	0.09%	7,013	$392K	Add +0.5%
CIBR First Trust Nasdaq Cybersecu	0.09%	5,138	$388K	New
TSLA Tesla Inc.	0.09%	1,205	$383K	Add +18.1%
MDY State Street SPDR S&P Midcap	0.09%	673	$381K	No change
GEV GE Vernova Inc.	0.09%	720	$381K	Reduce -10.8%
PFE Pfizer Inc.	0.09%	15,645	$379K	Reduce -9.1%
KMI Kinder Morgan Inc.	0.09%	12,832	$377K	Reduce -5.0%
VEA Vanguard Ftse Developed ETF	0.09%	6,617	$377K	Add +3.4%
AON Aon PLC Class A	0.09%	1,041	$371K	Reduce -0.9%
SOFI Sofi Technologies Inc.	0.08%	20,118	$366K	Add +6.6%
PM Philip Morris International	0.08%	1,972	$359K	Add +1.1%
MTUM iShares MSCI USA Momentum Fa	0.08%	1,489	$358K	No change
VXUS Vanguard Total Intl Stock	0.08%	5,083	$351K	Add +0.4%
VRTX Vertex Pharmaceuticals Inc.	0.08%	786	$350K	Add +3.3%
MMM 3M Co.	0.08%	2,297	$350K	Add +0.0%
TGT Target Corp.	0.08%	3,531	$348K	Add +25.0%
CARR Carrier Global Corp.	0.08%	4,680	$343K	No change
TFC Truist Financial Corp.	0.08%	7,968	$343K	Reduce -14.5%
NKE Nike Inc. Class B	0.08%	4,821	$342K	Add +0.0%
INCY Incyte Corp.	0.08%	4,865	$331K	Add +2.7%
MS Morgan Stanley	0.08%	2,328	$328K	No change
ILDR First Trust Innovation Leade	0.07%	10,919	$321K	New
JBND JPMorgan Active Bond ETF	0.07%	5,925	$318K	Reduce -14.4%
IWM iShares Russell 2000 ETF	0.07%	1,453	$314K	Reduce -7.0%
WFC Wells Fargo & Co.	0.07%	3,906	$313K	Reduce -3.1%
COP Conocophillips	0.07%	3,440	$309K	Add +1.0%
LKQ LKQ Corp.	0.07%	8,323	$308K	Add +3.3%
VOE Vngrd Mrngstr MD-Cap Val ETF	0.07%	1,768	$291K	No change
CI The Cigna Group	0.07%	859	$284K	Add +0.3%
NOC Northrop Grumman Corp.	0.06%	563	$282K	Add +1.8%
XLE SS Energy Select Sector	0.06%	3,319	$281K	Reduce -0.9%
BN Brookfield Corp.	0.06%	4,540	$281K	New
QQQ Invesco QQQ Trust Series 1	0.06%	505	$279K	New
ET Energy Transfer LP	0.06%	14,965	$271K	New
UL Unilever PLC	0.06%	4,217	$258K	Add +0.4%
INTC Intel Corp.	0.06%	11,433	$256K	Add +0.0%
MO Altria Group Inc.	0.06%	4,278	$251K	Add +0.6%
JCI Johnson Controls Internation	0.06%	2,300	$243K	New
TEL Te Connectivity PLC	0.05%	1,400	$236K	No change
UBER Uber Technologies Inc.	0.05%	2,494	$233K	New
DD Dupont DE Nemours Inc.	0.05%	3,374	$231K	Reduce -6.9%
WYNN WYNN Resorts Ltd.	0.05%	2,466	$231K	No change
LMT Lockheed Martin Corp.	0.05%	496	$230K	Add +0.4%
XLRE SS Real Estate Select Sector	0.05%	5,415	$224K	Add +0.9%
SCHZ Schwab US Aggregate Bond ETF	0.05%	9,578	$223K	Reduce -40.6%
SYY Sysco Corp.	0.05%	2,895	$219K	Add +0.7%
PPG PPG Industries Inc.	0.05%	1,920	$218K	No change
VLO Valero Energy Corp.	0.05%	1,596	$215K	New
TT Trane Technologies PLC	0.05%	475	$208K	New
IBDT iShares Ibonds Dec 2028 ETF	0.05%	8,099	$206K	New
DUK Duke Energy Corp.	0.05%	1,744	$206K	New
PAYX Paychex Inc.	0.05%	1,400	$204K	New
COF Capital One Financial Corp.	0.05%	957	$204K	New
CTVA Corteva Inc.	0.05%	2,726	$203K	New
IGM iShares Expanded Tech Sector	0.05%	1,800	$202K	New
SKIN Skinhealth Systems Inc. filed as THE BEAUTY HEALTH COMPANY	0.04%	91,144	$174K	Add +28.1%
MLCO Melco Resorts & Entert-ADR	0.03%	15,566	$113K	No change
SNDL SNDL Inc.	0.02%	64,420	$78K	No change
NIO Nio Inc. - ADR	0.01%	12,023	$41K	No change
ZYXIQ Zynex Inc.	0.01%	11,215	$29K	No change
CLEARSIDE BIOMEDICAL INC	0.01%	30,123	$24K	No change
BRTX Biorestorative Therapies Inc.	0.00%	11,522	$19K	No change
ONCY Oncolytics Biotech Inc.	0.00%	22,915	$18K	No change
TLRY Tilray Brands Inc.	0.00%	26,150	$11K	No change
ADAPY Adaptimmune Therapeutics-ADR	0.00%	27,957	$7K	No change
OVID Ovid Therapeutics Inc.	0.00%	16,522	$5K	No change

Other holdings (1): bonds, preferreds, convertibles and warrants · $345K (not counted above)

Security	Class	Shares / Principal	Value	Change
WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	294	$345K	Add +1.0%

Total filed on the 13F, all lines: $435.1M.

Portfolio Sells Q1 2025 → Q2 2025


VTEB Vanguard Tax-Exempt Bond ETF	Reduce -51.2%	0.90%	−1.31
AAPL Apple Inc.	Reduce -10.9%	2.87%	−1.27
SGOL Abrdn Physical Gold Shares	Reduce -4.4%	3.04%	−0.53
MRK Merck & Co. Inc.	Reduce -2.2%	0.84%	−0.32
NOBL Proshares S&P 500 Dividend A	Reduce -17.7%	0.63%	−0.29
FISV Fiserv Inc.	Reduce -1.6%	0.49%	−0.27
PG The Procter & Gamble Co.	Reduce -8.2%	0.69%	−0.27
VOO Vanguard S&P 500 ETF	Reduce -5.6%	1.67%	−0.23
BRK.B Berkshire Hathaway Inc. Class B	Reduce -0.5%	0.72%	−0.22
SCHA Schwab US Small-Cap ETF	Reduce -14.0%	0.77%	−0.22
IBMN iShares Ibonds Dec 2025 Term	Reduce -60.4%	0.11%	−0.21
CVX Chevron Corp.	Reduce -0.5%	0.49%	−0.19
GOOGL Alphabet Inc. Class A	Reduce -4.0%	2.21%	−0.19
SCHV Schwab US Large-Cap Value	Reduce -2.9%	1.02%	−0.18
PEP Pepsico Inc.	Reduce -1.7%	0.47%	−0.17
SCHM Schwab US Mid Cap ETF	Reduce -5.3%	1.00%	−0.17
XOM Exxon Mobil Corp.	Reduce -20.4%	0.27%	−0.17
AMGN Amgen Inc.	Reduce -0.4%	0.52%	−0.17
VUG Vanguard Mrngstar GR ETF-Sui	Reduce -40.2%	0.24%	−0.16
LOW Lowe's Cos Inc.	Reduce -0.7%	0.58%	−0.15
MUB iShares National Muni Bond E	Sold out	0.00%	−0.15
IJR iShares Core S&P Small-Cap E	Reduce -8.5%	0.60%	−0.14
VO Vngrd Mrngstr MD-Cap ETF-Usd	Reduce -3.4%	1.00%	−0.14
IBDQ iShares Ibonds Dec 2025 Term	Reduce -47.5%	0.10%	−0.13
IJH iShares Core S&P Midcap ETF	Reduce -1.2%	0.96%	−0.13
VTV Vanguard Mrngstr Val ETF-Aui	Reduce -27.3%	0.21%	−0.13
UNP Union Pacific Corp.	Reduce -2.1%	0.49%	−0.12
JPM JPMorgan Chase & Co.	Reduce -7.2%	1.36%	−0.11
TMO Thermo Fisher Scientific Inc.	Reduce -1.0%	0.24%	−0.11
SDY SS SPDR S&P Dividend ETF	Reduce -0.1%	0.59%	−0.11
GLD SPDR Gold Shares	Reduce -2.0%	0.74%	−0.11
WMT Walmart Inc.	Reduce -28.6%	0.20%	−0.10
MA Mastercard Inc. Class A	Reduce -6.0%	0.40%	−0.09
MCD McDonald's Corp.	Reduce -0.4%	0.34%	−0.09
IBMP iShares Ibonds Dec 2027 Term	Reduce -2.8%	0.40%	−0.09
LLY Eli Lilly & Co.	Reduce -14.8%	0.18%	−0.09
HD Home Depot Inc.	Reduce -2.4%	0.40%	−0.09
NEE Nextera Energy Inc.	Reduce -7.8%	0.27%	−0.09
VZ Verizon Communications Inc.	Reduce -3.6%	0.29%	−0.09
SPLV Invesco S&P 500 Low Volatili	Sold out	0.00%	−0.08
SCHG Schwab US Large-Cap Growth	Reduce -3.3%	1.55%	−0.08
VNQ Vanguard Real Estate ETF	Reduce -13.1%	0.20%	−0.08
V Visa Inc. Class A	Reduce -2.2%	0.38%	−0.08
MDT Medtronic PLC	Reduce -2.9%	0.28%	−0.07
GOOG Alphabet Inc. Class C	Reduce -6.7%	0.56%	−0.07
MDLZ Mondelez International Inc. Class A	Reduce -10.8%	0.20%	−0.07
DHR Danaher Corp.	Reduce -10.4%	0.17%	−0.06
RTX RTX Corp.	Reduce -0.7%	0.69%	−0.06
TSM Taiwan Semiconductor-SP ADR	Sold out	0.00%	−0.06
VBR Vngrd Mrngst SL-CP Val ETF-U	Reduce -4.0%	0.30%	−0.05

Portfolio Buys Q1 2025 → Q2 2025


VSLU Applied Finance Valuat ETF	New	6.20%	+6.20
JHMM John Hancock Multi Fact Mid	New	1.39%	+1.39
IBDU iShares Ibonds Dec 2029 Term	New	0.88%	+0.88
JNJ Johnson & Johnson	New	0.81%	+0.81
MUNI PIMCO Intermediate Municipal	New	0.79%	+0.79
IBMO iShares Ibonds Dec 2026 Term	New	0.62%	+0.62
JHSC John Hancock Multi Small Cap	New	0.32%	+0.32
DIS The Walt Disney Co.	New	0.23%	+0.23
IVV iShares Core S&P 500 ETF	New	0.20%	+0.20
IBMS ISHARESIBONDDEC2030MUNIBDETF	New	0.18%	+0.18
VTI VG Morningstar TS MKT ETF-US	New	0.11%	+0.11
IBMR iShares Ibonds Dec 2029 M BD	New	0.10%	+0.10
FNDX Schwab Fndmntl US LRG Co. ETF	New	0.09%	+0.09
CIBR First Trust Nasdaq Cybersecu	New	0.09%	+0.09
ILDR First Trust Innovation Leade	New	0.07%	+0.07
BN Brookfield Corp.	New	0.06%	+0.06
QQQ Invesco QQQ Trust Series 1	New	0.06%	+0.06
ET Energy Transfer LP	New	0.06%	+0.06
JCI Johnson Controls Internation	New	0.06%	+0.06
UBER Uber Technologies Inc.	New	0.05%	+0.05
PLTR Palantir Technologies Inc. Class A	Add +11.8%	0.15%	+0.05
VLO Valero Energy Corp.	New	0.05%	+0.05
TT Trane Technologies PLC	New	0.05%	+0.05
IBDT iShares Ibonds Dec 2028 ETF	New	0.05%	+0.05
DUK Duke Energy Corp.	New	0.05%	+0.05
COF Capital One Financial Corp.	New	0.05%	+0.05
PAYX Paychex Inc.	New	0.05%	+0.05
CTVA Corteva Inc.	New	0.05%	+0.05
IGM iShares Expanded Tech Sector	New	0.05%	+0.05
DFAI Dimensional International Co.	Add +12.2%	0.86%	+0.04
IBDW iShares Ibonds Dec 2031 Corp.	Add +54.5%	0.13%	+0.03
KLAC KLA Corp.	Add +1.4%	0.23%	+0.03
GS Goldman Sachs Group Inc.	Add +6.6%	0.18%	+0.02
SOFI Sofi Technologies Inc.	Add +6.6%	0.08%	+0.02
XLK SS Technology Select Sector	Add +4.8%	0.30%	+0.02
PYPL PayPal Holdings Inc.	Add +23.2%	0.11%	+0.02
TSLA Tesla Inc.	Add +18.1%	0.09%	+0.02
SKIN Skinhealth Systems Inc.	Add +28.1%	0.04%	+0.01
INTU Intuit Inc.	Add +1.6%	0.12%	+0.01
STT State Street Corp.	Add +0.2%	0.15%	+0.00
TGT Target Corp.	Add +25.0%	0.08%	−0.00
PM Philip Morris International	Add +1.1%	0.08%	−0.00
INCY Incyte Corp.	Add +2.7%	0.08%	−0.00
VEA Vanguard Ftse Developed ETF	Add +3.4%	0.09%	−0.00
NKE Nike Inc. Class B	Add +0.0%	0.08%	−0.00
VXUS Vanguard Total Intl Stock	Add +0.4%	0.08%	−0.01
LMT Lockheed Martin Corp.	Add +0.4%	0.05%	−0.01
SYY Sysco Corp.	Add +0.7%	0.05%	−0.01
AMZN Amazon.com Inc.	Add +2.4%	1.45%	−0.01
UL Unilever PLC	Add +0.4%	0.06%	−0.01

Notes & Other Activity Q1 2025 → Q2 2025


WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	Add +1.0%	294	$345K

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