Phillips Financial Management, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 3, 2026), Phillips Financial Management, LLC reported 291 stock positions worth $1.4 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 11.1% of the portfolio, followed by Dimensional Core Fixed (DFCF, 8.0%) and Dimensional International (DFIC, 6.7%). Compared with Q1 2026, it opened 26 new positions, sold out of 18, added to 36 and reduced 147. The biggest buy was Dimensional Core Fixed (DFCF, shares +3%) and the biggest sale Dimension Ultrashort Fi ETF (DUSB, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- FORT WAYNE, IN
- CIK
- 0001350660
- Portfolio Value
- $1.4B (Q2 2026)
- SEC Filing
- 0001398344-26-013343 ↗ filed Aug 3, 2026
Holdings Value
Holdings 291 stocks · $1.4B
| IVV iShares Core S&P 500 ETF | 11.09% | 201,998 | $151.3M | Reduce -9.2% |
| DFCF Dimensional Core Fixed Inc. | 8.04% | 2,598,931 | $109.7M | Add +2.9% |
| DFIC Dimensional International Co. | 6.73% | 2,464,885 | $91.8M | Reduce -5.6% |
| DFSD Dimensional Short Duration | 6.15% | 1,756,850 | $83.9M | Add +2.5% |
| DFLV Dim US Large Cap Value ETF | 3.95% | 1,363,899 | $53.9M | Reduce -3.4% |
| DFAT Dimensional US Target Value | 3.65% | 712,667 | $49.8M | Reduce -6.0% |
| DUHP Dimensional US High Profi Et | 3.57% | 1,166,460 | $48.7M | Reduce -6.6% |
| DFEM Dimensional Emrg MRKT Core | 3.07% | 1,030,632 | $41.9M | Reduce -7.0% |
| VXUS Vanguard Total Intl Stock | 2.63% | 419,285 | $35.8M | Reduce -13.7% |
| VOO Vanguard S&P 500 ETF | 2.61% | 51,871 | $35.6M | Reduce -15.1% |
| IJH iShares Core S&P Midcap ETF | 2.57% | 455,314 | $35.1M | Reduce -17.5% |
| DFAS Dimensional US Small Cap ETF | 2.53% | 418,581 | $34.5M | Reduce -3.6% |
| DFAC Dimensional US Core Equity 2 | 2.30% | 707,528 | $31.4M | Reduce -1.8% |
| IVE iShares S&P 500 Value ETF | 1.99% | 119,479 | $27.1M | Reduce -14.0% |
| BNDX Vanguard Total Intl Bond ETF | 1.88% | 529,231 | $25.6M | Reduce -6.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.81% | 306,530 | $24.7M | Reduce -14.3% |
| IXUS iShares Core Intl Stock ETF | 1.66% | 237,405 | $22.7M | Reduce -25.5% |
| DUSB Dimension Ultrashort Fi ETF | 1.35% | 361,664 | $18.4M | Reduce -29.8% |
| DFAR Dimensional US Real Est ETF | 1.26% | 657,049 | $17.2M | Reduce -5.5% |
| USHY iShares Broad Usd High Yield | 1.23% | 453,959 | $16.8M | Reduce -8.2% |
| LRGF iShares US Equity Factor ETF | 1.22% | 220,162 | $16.7M | Reduce -22.9% |
| VOOV Vanguard S&P 500 Value ETF | 1.15% | 71,681 | $15.7M | Reduce -14.5% |
| AGG iShares Core U.S. Aggregate | 0.89% | 122,304 | $12.1M | Reduce -34.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.88% | 49,560 | $12.0M | Reduce -12.4% |
| BND Vanguard Total Bond Market | 0.78% | 145,034 | $10.6M | Reduce -12.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.76% | 27,987 | $10.4M | Reduce -1.7% |
| JPM JPMorgan Chase & Co. | 0.73% | 30,532 | $10.0M | Add +0.6% |
| DFIV Dimensional International Va | 0.73% | 183,756 | $9.9M | Reduce -1.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.72% | 13,220 | $9.9M | Reduce -1.6% |
| IJS iShares S&P Small-Cap 600 Va | 0.65% | 64,417 | $8.8M | Reduce -23.0% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.61% | 30,476 | $8.3M | Reduce -15.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.56% | 34,910 | $7.6M | Reduce -7.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.55% | 90,360 | $7.6M | Reduce -8.9% |
| VCIT Vanguard Int-Term Corporate | 0.53% | 87,797 | $7.3M | Reduce -18.8% |
| SCHX Schwab US Large-Cap ETF | 0.52% | 238,838 | $7.0M | Reduce -4.7% |
| DFSV Dimensional US Small Cap Val | 0.48% | 170,246 | $6.6M | Reduce -3.4% |
| INTF iShares International Equity | 0.48% | 160,285 | $6.6M | Reduce -20.5% |
| DFAX Dimensional World Ex US Core | 0.47% | 175,893 | $6.5M | Reduce -2.2% |
| USRT iShares Core US REIT ETF | 0.46% | 94,508 | $6.3M | Reduce -22.7% |
| AAPL Apple Inc. | 0.44% | 20,863 | $6.0M | Reduce -2.9% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 0.43% | 35,616 | $5.8M | Reduce -18.1% |
| VNQ Vanguard Real Estate ETF | 0.42% | 59,658 | $5.8M | Reduce -26.9% |
| IAGG iShares Intl Aggregate Bond | 0.42% | 113,497 | $5.7M | Reduce -30.0% |
| BIV Vanguard Intermediate-Term B | 0.37% | 66,032 | $5.1M | Reduce -25.2% |
| VIOO Vanguard S&P Small-Cap 600 E | 0.36% | 35,274 | $4.9M | No change |
| NVDA Nvidia Corp. | 0.34% | 23,385 | $4.7M | Reduce -0.6% |
| BSV Vanguard Short-Term Bond ETF | 0.34% | 59,924 | $4.7M | Reduce -23.4% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.33% | 92,558 | $4.5M | Reduce -26.9% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.32% | 12,632 | $4.3M | Reduce -0.6% |
| EFA iShares MSCI Eafe ETF | 0.31% | 40,803 | $4.2M | Reduce -23.8% |
| IWB iShares Russell 1000 ETF | 0.30% | 10,087 | $4.1M | No change |
| IVOO Vanguard S&P Mid-Cap 400 ETF | 0.29% | 30,737 | $4.0M | Reduce -4.4% |
| GNR State Street SPDR S&P Global | 0.28% | 57,694 | $3.9M | Add +4.6% |
| VTIP Vanguard Short-Term Tips | 0.28% | 75,949 | $3.8M | Reduce -7.0% |
| SCHZ Schwab US Aggregate Bond ETF | 0.28% | 164,229 | $3.8M | Reduce -12.6% |
| SCHP Schwab U.S. Tips ETF | 0.27% | 140,168 | $3.7M | Add +22.7% |
| IJR iShares Core S&P Small-Cap E | 0.26% | 24,010 | $3.6M | Reduce -16.7% |
| IWR iShares Russell Mid-Cap ETF | 0.26% | 31,539 | $3.5M | Reduce -7.8% |
| SCHA Schwab US Small-Cap ETF | 0.25% | 95,377 | $3.4M | Reduce -5.9% |
| IBDR iShares Ibonds Dec 2026 Term | 0.24% | 136,269 | $3.3M | Reduce -0.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.23% | 32,213 | $3.1M | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.23% | 10,166 | $3.1M | Reduce -14.0% |
| SMLF iShares US Smallcap Equity F | 0.22% | 33,526 | $3.0M | Reduce -10.2% |
| ICSH iShares Ultra Short Duration | 0.21% | 55,910 | $2.8M | Reduce -16.8% |
| LLY Eli Lilly & Co. | 0.21% | 2,337 | $2.8M | Reduce -18.9% |
| GOOGL Alphabet Inc. Class A | 0.20% | 7,481 | $2.7M | Reduce -1.9% |
| VMBS Vanguard Mortgage-Backed Sec | 0.19% | 56,321 | $2.6M | Reduce -0.8% |
| ATO Atmos Energy Corp. | 0.19% | 15,167 | $2.6M | Reduce -0.0% |
| MUB iShares National Muni Bond E | 0.19% | 24,084 | $2.6M | Reduce -33.9% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.19% | 32,276 | $2.6M | Reduce -14.9% |
| MSFT Microsoft Corp. | 0.18% | 6,759 | $2.5M | Reduce -14.3% |
| IBTG iShares Ibonds Dec 2026 Term | 0.18% | 108,332 | $2.5M | Add +0.0% |
| AMZN Amazon.com Inc. | 0.18% | 10,278 | $2.4M | Add +0.7% |
| SUB iShares Short-Term National | 0.16% | 20,993 | $2.2M | Reduce -39.7% |
| GOOG Alphabet Inc. Class C | 0.16% | 6,151 | $2.2M | Add +0.4% |
| VXF Vanguard Extended Market ETF | 0.16% | 8,596 | $2.1M | Reduce -0.8% |
| ITOT iShares Core S&P Total U.S. | 0.15% | 12,634 | $2.1M | Reduce -11.1% |
| TIP iShares Tips Bond ETF | 0.15% | 18,252 | $2.0M | Reduce -33.2% |
| DISV Dimensional International SM | 0.14% | 48,432 | $1.9M | Add +3.0% |
| IBHF iShares Ibond 2026 HY & Inc. | 0.14% | 85,436 | $1.9M | No change |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.14% | 77,378 | $1.9M | No change |
| IWD iShares Russell 1000 Value E | 0.14% | 7,719 | $1.9M | Reduce -12.9% |
| TSLA Tesla Inc. | 0.12% | 3,996 | $1.7M | Reduce -0.1% |
| GLD SPDR Gold Shares | 0.12% | 4,410 | $1.6M | Reduce -0.3% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.12% | 31,280 | $1.6M | Reduce -25.5% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.11% | 30,419 | $1.5M | No change |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.11% | 10,082 | $1.5M | No change |
| IBMO iShares Ibonds Dec 2026 Term | 0.11% | 57,223 | $1.5M | Reduce -3.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.11% | 2,928 | $1.5M | Reduce -12.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.11% | 16,758 | $1.4M | Reduce -0.2% |
| VWO Vanguard Ftse Emerging Marke | 0.10% | 23,359 | $1.4M | Reduce -13.2% |
| SCHM Schwab US Mid Cap ETF | 0.10% | 37,358 | $1.4M | Reduce -5.4% |
| IBMP iShares Ibonds Dec 2027 Term | 0.10% | 53,650 | $1.4M | Reduce -5.5% |
| RWR SS SPDR Dow Jones REIT ETF | 0.10% | 11,656 | $1.3M | Reduce -4.8% |
| DFUV Dimensional US Marketwide Va | 0.10% | 23,872 | $1.3M | Add +0.2% |
| EMGF iShares Emerging Markets Equ | 0.10% | 17,814 | $1.3M | Reduce -6.1% |
| STIP iShares 0-5 Year Tips Bond E | 0.09% | 12,343 | $1.3M | Reduce -15.1% |
| IBMQ iShares Ibonds Dec 2028 Muni | 0.09% | 49,154 | $1.3M | No change |
| NPO Enpro Inc. | 0.09% | 3,287 | $1.2M | Add +3.5% |
| VIOV Vanguard S&P Small-Cap 600 V | 0.09% | 10,112 | $1.2M | Reduce -8.9% |
Portfolio Sells Q1 2026 → Q2 2026
| DUSB Dimension Ultrashort Fi ETF | Reduce -29.8% | 1.35% | −0.55 |
| AGG iShares Core U.S. Aggregate | Reduce -34.1% | 0.89% | −0.45 |
| IXUS iShares Core Intl Stock ETF | Reduce -25.5% | 1.66% | −0.34 |
| IAGG iShares Intl Aggregate Bond | Reduce -30.0% | 0.42% | −0.17 |
| LRGF iShares US Equity Factor ETF | Reduce -22.9% | 1.22% | −0.15 |
| IVE iShares S&P 500 Value ETF | Reduce -14.0% | 1.99% | −0.14 |
| IJH iShares Core S&P Midcap ETF | Reduce -17.5% | 2.57% | −0.13 |
| BIV Vanguard Intermediate-Term B | Reduce -25.2% | 0.37% | −0.12 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -26.9% | 0.33% | −0.12 |
| VCIT Vanguard Int-Term Corporate | Reduce -18.8% | 0.53% | −0.12 |
| SUB iShares Short-Term National | Reduce -39.7% | 0.16% | −0.11 |
| VNQ Vanguard Real Estate ETF | Reduce -26.9% | 0.42% | −0.10 |
| BSV Vanguard Short-Term Bond ETF | Reduce -23.4% | 0.34% | −0.10 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -6.9% | 1.88% | −0.10 |
| BND Vanguard Total Bond Market | Reduce -12.1% | 0.78% | −0.10 |
| VXUS Vanguard Total Intl Stock | Reduce -13.7% | 2.63% | −0.09 |
| MUB iShares National Muni Bond E | Reduce -33.9% | 0.19% | −0.09 |
| USHY iShares Broad Usd High Yield | Reduce -8.2% | 1.23% | −0.09 |
| INTF iShares International Equity | Reduce -20.5% | 0.48% | −0.09 |
| VOOV Vanguard S&P 500 Value ETF | Reduce -14.5% | 1.15% | −0.09 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -23.0% | 0.65% | −0.07 |
| TIP iShares Tips Bond ETF | Reduce -33.2% | 0.15% | −0.07 |
| EFA iShares MSCI Eafe ETF | Reduce -23.8% | 0.31% | −0.07 |
| USRT iShares Core US REIT ETF | Reduce -22.7% | 0.46% | −0.06 |
| SPIP SS SPDR P Tips ETF | Reduce -53.1% | 0.05% | −0.06 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -14.3% | 1.81% | −0.05 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -43.0% | 0.08% | −0.05 |
| IMTB iShares Core 5-10 Year Usd | Reduce -53.8% | 0.04% | −0.05 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −0.05 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -50.4% | 0.04% | −0.04 |
| ICSH iShares Ultra Short Duration | Reduce -16.8% | 0.21% | −0.04 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -12.6% | 0.28% | −0.04 |
| VOO Vanguard S&P 500 ETF | Reduce -15.1% | 2.61% | −0.04 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -25.5% | 0.12% | −0.04 |
| IGSB iShares 1-5Y Inv Grade Corp. | Sold out | 0.00% | −0.03 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -14.9% | 0.19% | −0.03 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Reduce -18.1% | 0.43% | −0.03 |
| JNK SS SPDR BB High Yield Bond | Reduce -28.1% | 0.08% | −0.03 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.03 |
| MSFT Microsoft Corp. | Reduce -14.3% | 0.18% | −0.03 |
| DCOR Dimensional US Core Eq 1 ETF | Reduce -97.5% | 0.00% | −0.03 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -81.8% | 0.01% | −0.02 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -25.8% | 0.07% | −0.02 |
| COP Conocophillips | Sold out | 0.00% | −0.02 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.02 |
| GLD SPDR Gold Shares | Reduce -0.3% | 0.12% | −0.02 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.02 |
| SLV iShares Silver Trust | Reduce -9.0% | 0.04% | −0.02 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -15.1% | 0.09% | −0.02 |
| VTIP Vanguard Short-Term Tips | Reduce -7.0% | 0.28% | −0.02 |
Portfolio Buys Q1 2026 → Q2 2026
| DFCF Dimensional Core Fixed Inc. | Add +2.9% | 8.04% | +0.31 |
| DFSD Dimensional Short Duration | Add +2.5% | 6.15% | +0.20 |
| JPM JPMorgan Chase & Co. | Add +0.6% | 0.73% | +0.09 |
| MU Micron Technology Inc. | Add +32.7% | 0.08% | +0.06 |
| SCHP Schwab U.S. Tips ETF | Add +22.7% | 0.27% | +0.05 |
| KLAC KLA Corp. | New | 0.03% | +0.03 |
| NPO Enpro Inc. | Add +3.5% | 0.09% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +0.4% | 0.16% | +0.03 |
| AMAT Applied Materials Inc. | New | 0.03% | +0.03 |
| WDC Western Digital Corp. | New | 0.03% | +0.03 |
| AMZN Amazon.com Inc. | Add +0.7% | 0.18% | +0.03 |
| INTC Intel Corp. | New | 0.02% | +0.02 |
| AMD Advanced Micro Devices | New | 0.02% | +0.02 |
| CSCO Cisco Systems Inc. | New | 0.02% | +0.02 |
| PM Philip Morris International | New | 0.02% | +0.02 |
| GLW Corning Inc. | New | 0.02% | +0.02 |
| GS Goldman Sachs Group Inc. | New | 0.02% | +0.02 |
| WFC Wells Fargo & Co. | New | 0.02% | +0.02 |
| FLEX Flex Ltd. | New | 0.02% | +0.02 |
| MO Altria Group Inc. | New | 0.02% | +0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.02% | +0.02 |
| AXP American Express Co. | New | 0.02% | +0.02 |
| LRCX Lam Research Corp. | Add +2.3% | 0.03% | +0.02 |
| MS Morgan Stanley | New | 0.02% | +0.02 |
| STLD Steel Dynamics Inc. | Add +5.0% | 0.06% | +0.02 |
| AVGO Broadcom Inc. | Add +5.2% | 0.07% | +0.02 |
| URI United Rentals Inc. | New | 0.02% | +0.02 |
| UNH Unitedhealth Group Inc. | New | 0.02% | +0.02 |
| FIX Comfort Systems USA Inc. | New | 0.02% | +0.02 |
| ETN Eaton Corp. PLC | New | 0.02% | +0.02 |
| STX Seagate Technology Holdings | New | 0.02% | +0.02 |
| LIN Linde PLC | New | 0.01% | +0.01 |
| DFUV Dimensional US Marketwide Va | Add +0.2% | 0.10% | +0.01 |
| DFUS Dimensional US Eq MKT ETF | Add +0.1% | 0.07% | +0.01 |
| ABBV Abbvie Inc. | Add +7.6% | 0.05% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.1% | 0.03% | +0.01 |
| DISV Dimensional International SM | Add +3.0% | 0.14% | +0.01 |
| IBTK iShares Ibonds Dec 2030 Trea | New | 0.01% | +0.01 |
| IBTL iShares Ibonds Dec 2031 Term | New | 0.01% | +0.01 |
| GE General Electric | Add +1.5% | 0.03% | +0.01 |
| KO The Coca-Cola Co. | Add +13.7% | 0.03% | +0.01 |
| C Citigroup Inc. | Add +0.5% | 0.02% | +0.00 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | New | 0.00% | +0.00 |
| DFAW Dimensional World Eqty ETF | Add +8.8% | 0.02% | +0.00 |
| META Meta Platforms Inc. Class A | Add +3.9% | 0.07% | +0.00 |
| MRK Merck & Co. Inc. | Add +5.8% | 0.02% | +0.00 |
| IMTM iShares MSCI Intl Momentum F | New | 0.00% | +0.00 |
| ORCL Oracle Corp. | Add +12.9% | 0.02% | +0.00 |
| USMV iShares MSCI USA Min Vol Fac | New | 0.00% | +0.00 |
| IBTG iShares Ibonds Dec 2026 Term | Add +0.0% | 0.18% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 291 | $1.4B | IVV, DFCF, DFIC, DFSD, DFLV |
| Q1 2026 | 283 | $1.4B | IVV, DFCF, DFIC, DFSD, DFLV |
| Q4 2025 | 307 | $1.6B | IVV, DFCF, DFIC, DFSD, DUHP |
| Q3 2025 | 305 | $1.5B | IVV, DFCF, DFIC, DFSD, IJH |
| Q2 2025 | 279 | $1.4B | IVV, DFCF, DFIC, DFSD, IJH |
| Q1 2025 | 258 | $1.3B | IVV, DFCF, DFIC, DFSD, IJH |
| Q4 2024 | 259 | $1.3B | IVV, DFCF, DFSD, DFIC, IJH |
| Q3 2024 | 275 | $1.3B | IVV, IJH, IXUS, IVE, DFCF |
| Q2 2024 | 271 | $1.2B | IVV, IJH, IXUS, IVE, VXUS |
| Q1 2024 | 261 | $1.2B | IVV, IJH, IXUS, IVE, AGG |