Pacific Asset Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 28, 2025), Pacific Asset Management, LLC reported 52 stock positions worth $111.6 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 21.1% of the portfolio, followed by Dimensional Short Duration (DFSD, 11.0%) and Dimensional International (DFIC, 10.0%). Compared with Q4 2024, it opened 7 new positions, sold out of 1, added to 33 and reduced 7. The biggest buy was Dimensional Short Duration (DFSD, shares +14%) and the biggest sale Dimensional US Core Equity 2 (DFAC, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- Gig Harbor, WA
- CIK
- 0002054012
- Portfolio Value
- $111.6M (Q1 2025)
- SEC Filing
- 0001667731-25-000538 ↗ filed Apr 28, 2025
Holdings Value
Holdings 52 stocks · $111.6M
| DFAC Dimensional US Core Equity 2 | 21.10% | 713,931 | $23.6M | Reduce -1.0% |
| DFSD Dimensional Short Duration | 10.96% | 257,495 | $12.2M | Add +14.3% |
| DFIC Dimensional International Co. | 10.01% | 402,239 | $11.2M | Add +5.3% |
| DFAU Dimensional US Core Equity M | 6.79% | 197,209 | $7.6M | Reduce -2.9% |
| DFEM Dimensional Emrg MRKT Core | 4.73% | 199,687 | $5.3M | Add +9.3% |
| DFAT Dimensional US Target Value | 3.72% | 80,657 | $4.2M | Reduce -0.7% |
| DFUV Dimensional US Marketwide Va | 3.60% | 97,483 | $4.0M | Reduce -0.2% |
| MSFT Microsoft Corp. | 2.72% | 8,090 | $3.0M | Add +3.9% |
| AVUV Avantis US Small Cap Value | 2.35% | 30,097 | $2.6M | Add +6.3% |
| AVGE Avantis All Eqty Mrkts ETF | 2.30% | 36,039 | $2.6M | Add +55.3% |
| DFCF Dimensional Core Fixed Inc. | 2.21% | 58,690 | $2.5M | Add +10.7% |
| DFAI Dimensional International Co. | 2.01% | 71,877 | $2.2M | Add +0.2% |
| DFAS Dimensional US Small Cap ETF | 1.97% | 36,841 | $2.2M | Add +0.1% |
| DFIV Dimensional International Va | 1.88% | 53,349 | $2.1M | Add +0.1% |
| DFAR Dimensional US Real Est ETF | 1.62% | 76,198 | $1.8M | Add +11.0% |
| AVLV Avantis US Large Cap Value | 1.52% | 26,003 | $1.7M | Add +2.3% |
| AVUS Avantis U.S. Equity ETF | 1.30% | 15,669 | $1.4M | Add +0.7% |
| TSLA Tesla Inc. | 1.22% | 5,263 | $1.4M | Add +0.8% |
| AAPL Apple Inc. | 1.22% | 6,120 | $1.4M | Reduce -1.0% |
| AVIG Avantis Core Fixed Income | 1.21% | 32,756 | $1.4M | Add +13.1% |
| AVDE Avantis International Equity | 1.20% | 20,182 | $1.3M | Add +0.5% |
| VOO Vanguard S&P 500 ETF | 1.08% | 2,347 | $1.2M | Add +10.9% |
| WPM Wheaton Precious Metals Corp. | 1.07% | 15,367 | $1.2M | Reduce -5.0% |
| DFAE Dimensional Emerging Core Eq | 1.00% | 43,267 | $1.1M | Reduce -0.7% |
| AVIV Avantis Intl LRG Cap Val ETF | 1.00% | 19,648 | $1.1M | No change |
| DFSV Dimensional US Small Cap Val | 0.90% | 35,654 | $1.0M | Add +6.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.76% | 3,072 | $844K | New |
| AVDV Avantis Intl S/C Value ETF | 0.75% | 11,937 | $832K | Add +12.7% |
| DUHP Dimensional US High Profi Et | 0.63% | 21,281 | $705K | Add +0.1% |
| DFAW Dimensional World Eqty ETF | 0.58% | 10,637 | $652K | Add +101.3% |
| AVEM Avantis Emerging Markets Eq | 0.57% | 10,550 | $635K | Add +10.8% |
| SCHF Schwab Intl Equity ETF | 0.53% | 29,979 | $593K | No change |
| AVSF Avantis Short-Term Fixed Inc. | 0.51% | 12,133 | $567K | Add +58.5% |
| QQQM Invesco Nasdaq 100 ETF | 0.48% | 2,802 | $541K | Add +2.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.46% | 915 | $512K | Add +157.0% |
| DFNM Dimensional National Muni BD | 0.37% | 8,764 | $417K | Add +8.8% |
| DEHP Dimensional Emrg MRK Hi Prof | 0.28% | 12,243 | $309K | Add +0.1% |
| AVSU Avantis Resp US Equity ETF | 0.27% | 4,895 | $305K | Add +11.2% |
| STXF Strive 500 ETF | 0.27% | 8,290 | $299K | Add +0.2% |
| AVES Avantis Emerging Markets Val | 0.26% | 6,182 | $292K | No change |
| BND Vanguard Total Bond Market | 0.26% | 3,924 | $288K | New |
| VHT Vanguard Health Care ETF | 0.25% | 1,034 | $274K | Add +0.4% |
| AVSC Avantis US Small Cap Equity | 0.24% | 5,619 | $272K | Add +40.0% |
| DFEV Dimensional Emrg MRKT Val | 0.23% | 9,677 | $262K | Add +0.1% |
| DRLL Strive US Energy ETF | 0.22% | 8,180 | $243K | Add +0.7% |
| AVSD Avantis Reps Intern Equi ETF | 0.21% | 3,897 | $234K | No change |
| DFIS Dimensional International SM | 0.21% | 8,970 | $232K | New |
| VOOG Vanguard S&P 500 Growth ETF | 0.20% | 666 | $223K | No change |
| SBUX Starbucks Corp. | 0.19% | 2,164 | $212K | New |
| MCD McDonald's Corp. | 0.19% | 670 | $209K | New |
| VSS Vanguard Ftse All Wo X-US SC | 0.18% | 1,758 | $203K | New |
| DFLV Dim US Large Cap Value ETF | 0.18% | 6,631 | $203K | New |
Portfolio Sells Q4 2024 → Q1 2025
| DFAC Dimensional US Core Equity 2 | Reduce -1.0% | 21.10% | −2.33 |
| DFAU Dimensional US Core Equity M | Reduce -2.9% | 6.79% | −0.94 |
| DFAT Dimensional US Target Value | Reduce -0.7% | 3.72% | −0.53 |
| AAPL Apple Inc. | Reduce -1.0% | 1.22% | −0.24 |
| DCOR Dimensional US Core Eq 1 ETF | Sold out | 0.00% | −0.19 |
| DFUV Dimensional US Marketwide Va | Reduce -0.2% | 3.60% | −0.16 |
| DFAE Dimensional Emerging Core Eq | Reduce -0.7% | 1.00% | −0.03 |
| WPM Wheaton Precious Metals Corp. | Reduce -5.0% | 1.07% | +0.21 |
Portfolio Buys Q4 2024 → Q1 2025
| DFSD Dimensional Short Duration | Add +14.3% | 10.96% | +1.04 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.76% | +0.76 |
| DFIC Dimensional International Co. | Add +5.3% | 10.01% | +0.74 |
| AVGE Avantis All Eqty Mrkts ETF | Add +55.3% | 2.30% | +0.72 |
| DFAW Dimensional World Eqty ETF | Add +101.3% | 0.58% | +0.27 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +157.0% | 0.46% | +0.26 |
| BND Vanguard Total Bond Market | New | 0.26% | +0.26 |
| DFEM Dimensional Emrg MRKT Core | Add +9.3% | 4.73% | +0.24 |
| DFIS Dimensional International SM | New | 0.21% | +0.21 |
| SBUX Starbucks Corp. | New | 0.19% | +0.19 |
| MCD McDonald's Corp. | New | 0.19% | +0.19 |
| VSS Vanguard Ftse All Wo X-US SC | New | 0.18% | +0.18 |
| DFLV Dim US Large Cap Value ETF | New | 0.18% | +0.18 |
| AVSF Avantis Short-Term Fixed Inc. | Add +58.5% | 0.51% | +0.18 |
| DFCF Dimensional Core Fixed Inc. | Add +10.7% | 2.21% | +0.16 |
| DFAR Dimensional US Real Est ETF | Add +11.0% | 1.62% | +0.12 |
| AVIG Avantis Core Fixed Income | Add +13.1% | 1.21% | +0.11 |
| DFIV Dimensional International Va | Add +0.1% | 1.88% | +0.10 |
| AVDV Avantis Intl S/C Value ETF | Add +12.7% | 0.75% | +0.10 |
| DFAI Dimensional International Co. | Add +0.2% | 2.01% | +0.04 |
| AVEM Avantis Emerging Markets Eq | Add +10.8% | 0.57% | +0.04 |
| AVDE Avantis International Equity | Add +0.5% | 1.20% | +0.04 |
| AVSC Avantis US Small Cap Equity | Add +40.0% | 0.24% | +0.04 |
| DFNM Dimensional National Muni BD | Add +8.8% | 0.37% | +0.01 |
| DRLL Strive US Energy ETF | Add +0.7% | 0.22% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +10.9% | 1.08% | +0.01 |
| AVSU Avantis Resp US Equity ETF | Add +11.2% | 0.27% | 0.00 |
| VHT Vanguard Health Care ETF | Add +0.4% | 0.25% | −0.00 |
| DFEV Dimensional Emrg MRKT Val | Add +0.1% | 0.23% | −0.00 |
| DEHP Dimensional Emrg MRK Hi Prof | Add +0.1% | 0.28% | −0.01 |
| STXF Strive 500 ETF | Add +0.2% | 0.27% | −0.03 |
| DUHP Dimensional US High Profi Et | Add +0.1% | 0.63% | −0.04 |
| QQQM Invesco Nasdaq 100 ETF | Add +2.3% | 0.48% | −0.06 |
| DFSV Dimensional US Small Cap Val | Add +6.7% | 0.90% | −0.07 |
| AVLV Avantis US Large Cap Value | Add +2.3% | 1.52% | −0.08 |
| AVUS Avantis U.S. Equity ETF | Add +0.7% | 1.30% | −0.12 |
| AVUV Avantis US Small Cap Value | Add +6.3% | 2.35% | −0.22 |
| DFAS Dimensional US Small Cap ETF | Add +0.1% | 1.97% | −0.28 |
| MSFT Microsoft Corp. | Add +3.9% | 2.72% | −0.36 |
| TSLA Tesla Inc. | Add +0.8% | 1.22% | −0.76 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 76 | $203.8M | DFAC, DFSD, DFIC, DFAU, DFEM |
| Q1 2026 | 70 | $179.1M | DFAC, DFSD, DFIC, DFAU, AVIG |
| Q4 2025 | 70 | $166.6M | DFAC, DFSD, DFIC, DFAU, DFEM |
| Q3 2025 | 65 | $147.3M | DFAC, DFSD, DFIC, DFAU, DFEM |
| Q2 2025 | 56 | $124.3M | DFAC, DFIC, DFSD, DFAU, DFEM |
| Q1 2025 | 52 | $111.6M | DFAC, DFSD, DFIC, DFAU, DFEM |
| Q4 2024 | 46 | $106.4M | DFAC, DFSD, DFIC, DFAU, DFEM |