Pacific Asset Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 16, 2025), Pacific Asset Management, LLC reported 65 stock positions worth $147.3 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 19.7% of the portfolio, followed by Dimensional Short Duration (DFSD, 9.4%) and Dimensional International (DFIC, 9.3%). Compared with Q2 2025, it opened 9 new positions, added to 38 and reduced 11. The biggest buy was a new position in Alphabet Class C (GOOG) and the biggest sale Dimensional US Target Value (DFAT, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- Gig Harbor, WA
- CIK
- 0002054012
- Portfolio Value
- $147.3M (Q3 2025)
- SEC Filing
- 0002085853-25-000106 ↗ filed Oct 16, 2025
Holdings Value
Holdings 65 stocks · $147.3M
| DFAC Dimensional US Core Equity 2 | 19.72% | 752,894 | $29.0M | Add +2.6% |
| DFSD Dimensional Short Duration | 9.39% | 286,804 | $13.8M | Add +10.5% |
| DFIC Dimensional International Co. | 9.30% | 417,646 | $13.7M | Add +2.4% |
| DFAU Dimensional US Core Equity M | 6.41% | 206,200 | $9.4M | Add +3.4% |
| DFEM Dimensional Emrg MRKT Core | 4.64% | 212,850 | $6.8M | Add +4.9% |
| MSFT Microsoft Corp. | 3.47% | 9,874 | $5.1M | Add +24.4% |
| DFAT Dimensional US Target Value | 2.98% | 75,427 | $4.4M | Reduce -1.2% |
| AVGE Avantis All Eqty Mrkts ETF | 2.97% | 52,382 | $4.4M | Add +13.7% |
| DFUV Dimensional US Marketwide Va | 2.79% | 92,102 | $4.1M | Add +0.1% |
| AVUV Avantis US Small Cap Value | 2.48% | 36,763 | $3.7M | Add +8.2% |
| AVIG Avantis Core Fixed Income | 2.11% | 73,863 | $3.1M | Add +115.3% |
| DFCF Dimensional Core Fixed Inc. | 1.75% | 60,205 | $2.6M | Add +1.6% |
| DFAI Dimensional International Co. | 1.73% | 70,240 | $2.6M | Add +2.5% |
| DFAS Dimensional US Small Cap ETF | 1.67% | 35,906 | $2.5M | Add +1.0% |
| TSLA Tesla Inc. | 1.61% | 5,337 | $2.4M | No change |
| DFIV Dimensional International Va | 1.58% | 50,297 | $2.3M | Reduce -0.2% |
| AAPL Apple Inc. | 1.46% | 8,435 | $2.1M | Add +37.2% |
| DFAR Dimensional US Real Est ETF | 1.36% | 83,782 | $2.0M | Add +5.6% |
| AVUS Avantis U.S. Equity ETF | 1.34% | 18,197 | $2.0M | Add +3.1% |
| AVLV Avantis US Large Cap Value | 1.28% | 26,002 | $1.9M | Add +0.2% |
| AVDE Avantis International Equity | 1.19% | 22,204 | $1.8M | Add +4.9% |
| VOO Vanguard S&P 500 ETF | 1.16% | 2,793 | $1.7M | Add +15.9% |
| GOOG Alphabet Inc. Class C | 1.10% | 6,672 | $1.6M | New |
| WPM Wheaton Precious Metals Corp. | 1.09% | 14,407 | $1.6M | Reduce -1.9% |
| QQQ Invesco QQQ Trust Series 1 | 1.06% | 2,596 | $1.6M | Add +337.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.95% | 2,097 | $1.4M | Add +128.9% |
| AVIV Avantis Intl LRG Cap Val ETF | 0.91% | 19,901 | $1.3M | No change |
| DFAE Dimensional Emerging Core Eq | 0.91% | 42,279 | $1.3M | Reduce -1.2% |
| DFSV Dimensional US Small Cap Val | 0.80% | 36,824 | $1.2M | Add +0.8% |
| AVDV Avantis Intl S/C Value ETF | 0.77% | 12,805 | $1.1M | Add +3.3% |
| DFAW Dimensional World Eqty ETF | 0.72% | 14,666 | $1.1M | Add +37.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.69% | 3,108 | $1.0M | Add +0.2% |
| QQQM Invesco Nasdaq 100 ETF | 0.68% | 4,047 | $1.0M | Add +0.6% |
| AVEM Avantis Emerging Markets Eq | 0.67% | 13,136 | $987K | Add +1.7% |
| DUHP Dimensional US High Profi Et | 0.51% | 19,896 | $751K | Add +0.1% |
| AMZN Amazon.com Inc. | 0.51% | 3,416 | $750K | Add +236.6% |
| SCHF Schwab Intl Equity ETF | 0.48% | 30,174 | $702K | No change |
| GOOGL Alphabet Inc. Class A | 0.38% | 2,302 | $560K | New |
| DFNM Dimensional National Muni BD | 0.36% | 11,113 | $533K | Reduce -0.5% |
| AVSF Avantis Short-Term Fixed Inc. | 0.31% | 9,728 | $459K | Reduce -2.4% |
| DEHP Dimensional Emrg MRK Hi Prof | 0.26% | 12,387 | $378K | Add +0.6% |
| DFUS Dimensional US Eq MKT ETF | 0.25% | 4,985 | $361K | Add +43.4% |
| BA The Boeing Co. | 0.24% | 1,664 | $359K | Add +52.1% |
| AVSU Avantis Resp US Equity ETF | 0.24% | 4,853 | $357K | Reduce -1.1% |
| AVES Avantis Emerging Markets Val | 0.23% | 6,017 | $345K | Reduce -7.0% |
| AVLC Avantis US LG Cap Eq ETF | 0.23% | 4,486 | $343K | Add +0.1% |
| AVSC Avantis US Small Cap Equity | 0.22% | 5,631 | $322K | Add +0.1% |
| DFEV Dimensional Emrg MRKT Val | 0.21% | 9,853 | $314K | Add +1.2% |
| DFIS Dimensional International SM | 0.21% | 9,744 | $308K | Add +0.1% |
| VOOG Vanguard S&P 500 Growth ETF | 0.20% | 666 | $290K | No change |
| STXF Strive 500 ETF | 0.19% | 6,518 | $282K | Reduce -21.6% |
| AVSD Avantis Reps Intern Equi ETF | 0.19% | 3,905 | $279K | Reduce -1.5% |
| IWB iShares Russell 1000 ETF | 0.19% | 755 | $276K | New |
| VHT Vanguard Health Care ETF | 0.18% | 1,038 | $269K | No change |
| BNDX Vanguard Total Intl Bond ETF | 0.17% | 5,088 | $252K | Reduce -0.1% |
| VSS Vanguard Ftse All Wo X-US SC | 0.17% | 1,751 | $250K | Add +0.6% |
| DFLV Dim US Large Cap Value ETF | 0.16% | 7,319 | $241K | Add +10.1% |
| DRLL Strive US Energy ETF | 0.16% | 8,247 | $237K | No change |
| EFV iShares MSCI Eafe Value ETF | 0.16% | 3,465 | $235K | New |
| DCOR Dimensional US Core Eq 1 ETF | 0.15% | 3,135 | $226K | No change |
| IVW iShares S&P 500 Growth ETF | 0.14% | 1,760 | $212K | New |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.14% | 6,138 | $205K | New |
| MCD McDonald's Corp. | 0.14% | 670 | $204K | New |
| QUAL iShares MSCI USA Quality Fac | 0.14% | 1,043 | $203K | New |
| ALK Alaska Air Group Inc. | 0.14% | 4,050 | $202K | New |
Portfolio Sells Q2 2025 → Q3 2025
| DFAT Dimensional US Target Value | Reduce -1.2% | 2.98% | −0.33 |
| DFIV Dimensional International Va | Reduce -0.2% | 1.58% | −0.16 |
| DFAE Dimensional Emerging Core Eq | Reduce -1.2% | 0.91% | −0.09 |
| STXF Strive 500 ETF | Reduce -21.6% | 0.19% | −0.08 |
| AVSF Avantis Short-Term Fixed Inc. | Reduce -2.4% | 0.31% | −0.07 |
| DFNM Dimensional National Muni BD | Reduce -0.5% | 0.36% | −0.06 |
| AVES Avantis Emerging Markets Val | Reduce -7.0% | 0.23% | −0.04 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -0.1% | 0.17% | −0.03 |
| AVSU Avantis Resp US Equity ETF | Reduce -1.1% | 0.24% | −0.03 |
| AVSD Avantis Reps Intern Equi ETF | Reduce -1.5% | 0.19% | −0.03 |
| WPM Wheaton Precious Metals Corp. | Reduce -1.9% | 1.09% | +0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOG Alphabet Inc. Class C | New | 1.10% | +1.10 |
| AVIG Avantis Core Fixed Income | Add +115.3% | 2.11% | +0.96 |
| QQQ Invesco QQQ Trust Series 1 | Add +337.8% | 1.06% | +0.80 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +128.9% | 0.95% | +0.49 |
| AAPL Apple Inc. | Add +37.2% | 1.46% | +0.44 |
| GOOGL Alphabet Inc. Class A | New | 0.38% | +0.38 |
| AMZN Amazon.com Inc. | Add +236.6% | 0.51% | +0.33 |
| MSFT Microsoft Corp. | Add +24.4% | 3.47% | +0.30 |
| IWB iShares Russell 1000 ETF | New | 0.19% | +0.19 |
| EFV iShares MSCI Eafe Value ETF | New | 0.16% | +0.16 |
| IVW iShares S&P 500 Growth ETF | New | 0.14% | +0.14 |
| SCHE Schwab Emrg Mrkts Eqty ETF | New | 0.14% | +0.14 |
| MCD McDonald's Corp. | New | 0.14% | +0.14 |
| DFAW Dimensional World Eqty ETF | Add +37.0% | 0.72% | +0.14 |
| QUAL iShares MSCI USA Quality Fac | New | 0.14% | +0.14 |
| ALK Alaska Air Group Inc. | New | 0.14% | +0.14 |
| AVGE Avantis All Eqty Mrkts ETF | Add +13.7% | 2.97% | +0.09 |
| VOO Vanguard S&P 500 ETF | Add +15.9% | 1.16% | +0.06 |
| BA The Boeing Co. | Add +52.1% | 0.24% | +0.06 |
| DFUS Dimensional US Eq MKT ETF | Add +43.4% | 0.25% | +0.06 |
| DFLV Dim US Large Cap Value ETF | Add +10.1% | 0.16% | −0.00 |
| AVUV Avantis US Small Cap Value | Add +8.2% | 2.48% | −0.00 |
| AVSC Avantis US Small Cap Equity | Add +0.1% | 0.22% | −0.01 |
| AVDV Avantis Intl S/C Value ETF | Add +3.3% | 0.77% | −0.02 |
| VSS Vanguard Ftse All Wo X-US SC | Add +0.6% | 0.17% | −0.02 |
| DEHP Dimensional Emrg MRK Hi Prof | Add +0.6% | 0.26% | −0.02 |
| DFEV Dimensional Emrg MRKT Val | Add +1.2% | 0.21% | −0.02 |
| AVLC Avantis US LG Cap Eq ETF | Add +0.1% | 0.23% | −0.02 |
| DFIS Dimensional International SM | Add +0.1% | 0.21% | −0.02 |
| AVEM Avantis Emerging Markets Eq | Add +1.7% | 0.67% | −0.04 |
| QQQM Invesco Nasdaq 100 ETF | Add +0.6% | 0.68% | −0.06 |
| DUHP Dimensional US High Profi Et | Add +0.1% | 0.51% | −0.06 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.2% | 0.69% | −0.07 |
| DFSV Dimensional US Small Cap Val | Add +0.8% | 0.80% | −0.07 |
| AVDE Avantis International Equity | Add +4.9% | 1.19% | −0.07 |
| AVUS Avantis U.S. Equity ETF | Add +3.1% | 1.34% | −0.09 |
| DFAR Dimensional US Real Est ETF | Add +5.6% | 1.36% | −0.14 |
| AVLV Avantis US Large Cap Value | Add +0.2% | 1.28% | −0.15 |
| DFAS Dimensional US Small Cap ETF | Add +1.0% | 1.67% | −0.15 |
| DFAI Dimensional International Co. | Add +2.5% | 1.73% | −0.17 |
| DFEM Dimensional Emrg MRKT Core | Add +4.9% | 4.64% | −0.21 |
| DFCF Dimensional Core Fixed Inc. | Add +1.6% | 1.75% | −0.27 |
| DFUV Dimensional US Marketwide Va | Add +0.1% | 2.79% | −0.33 |
| DFAU Dimensional US Core Equity M | Add +3.4% | 6.41% | −0.39 |
| DFSD Dimensional Short Duration | Add +10.5% | 9.39% | −0.64 |
| DFIC Dimensional International Co. | Add +2.4% | 9.30% | −0.91 |
| DFAC Dimensional US Core Equity 2 | Add +2.6% | 19.72% | −1.44 |
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 |