Phillips Financial Management, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 8, 2024), Phillips Financial Management, LLC reported 271 stock positions worth $1.2 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 10.3% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 5.3%) and iShares Core Intl Stock ETF (IXUS, 4.6%). Compared with Q1 2024, it opened 15 new positions, sold out of 5, added to 102 and reduced 86. The biggest buy was Dimensional Core Fixed (DFCF, shares +12%) and the biggest sale iShares Core S&P Midcap ETF (IJH, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- FORT WAYNE, IN
- CIK
- 0001350660
- Portfolio Value
- $1.2B (Q2 2024)
- SEC Filing
- 0001398344-24-014104 ↗ filed Aug 8, 2024
Holdings Value
Holdings 271 stocks · $1.2B
| IVV iShares Core S&P 500 ETF | 10.31% | 228,386 | $125.0M | Reduce -0.2% |
| IJH iShares Core S&P Midcap ETF | 5.32% | 1,101,264 | $64.4M | Reduce -4.7% |
| IXUS iShares Core Intl Stock ETF | 4.61% | 827,177 | $55.9M | Reduce -2.9% |
| IVE iShares S&P 500 Value ETF | 3.98% | 264,915 | $48.2M | Reduce -3.5% |
| VXUS Vanguard Total Intl Stock | 3.25% | 652,435 | $39.3M | Reduce -0.3% |
| AGG iShares Core U.S. Aggregate | 3.20% | 399,980 | $38.8M | Reduce -4.7% |
| DFIC Dimensional International Co. | 2.87% | 1,325,602 | $34.9M | Add +10.5% |
| VOO Vanguard S&P 500 ETF | 2.87% | 69,615 | $34.8M | Reduce -2.6% |
| DFSD Dimensional Short Duration | 2.63% | 677,758 | $31.9M | Add +8.5% |
| DFCF Dimensional Core Fixed Inc. | 2.47% | 720,882 | $29.9M | Add +11.6% |
| LRGF iShares US Equity Factor ETF | 2.46% | 534,788 | $29.8M | Reduce -10.3% |
| BNDX Vanguard Total Intl Bond ETF | 2.41% | 600,075 | $29.2M | Reduce -2.8% |
| DFAC Dimensional US Core Equity 2 | 2.26% | 851,655 | $27.5M | Reduce -4.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.19% | 109,842 | $26.6M | Reduce -0.2% |
| DFLV Dim US Large Cap Value ETF | 1.82% | 762,303 | $22.0M | Add +16.5% |
| DFAT Dimensional US Target Value | 1.74% | 406,212 | $21.1M | Add +7.0% |
| BND Vanguard Total Bond Market | 1.72% | 290,148 | $20.9M | Reduce -7.0% |
| VOOV Vanguard S&P 500 Value ETF | 1.68% | 115,532 | $20.3M | Reduce -8.4% |
| IAGG iShares Intl Aggregate Bond | 1.61% | 390,695 | $19.5M | Reduce -5.3% |
| IJS iShares S&P Small-Cap 600 Va | 1.59% | 198,786 | $19.3M | Reduce -2.5% |
| USHY iShares Broad Usd High Yield | 1.40% | 467,866 | $17.0M | Add +5.0% |
| VCIT Vanguard Int-Term Corporate | 1.39% | 211,024 | $16.9M | Add +1.0% |
| VNQ Vanguard Real Estate ETF | 1.39% | 201,103 | $16.8M | Add +0.6% |
| DFEM Dimensional Emrg MRKT Core | 1.35% | 612,208 | $16.4M | Add +10.3% |
| BIV Vanguard Intermediate-Term B | 1.23% | 199,162 | $14.9M | Add +5.9% |
| ISTB iShares Core 1-5 Year Usd Bo | 1.20% | 306,942 | $14.5M | Reduce -2.8% |
| INTF iShares International Equity | 1.17% | 486,090 | $14.2M | Reduce -8.8% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.12% | 74,230 | $13.5M | Reduce -0.6% |
| DUHP Dimensional US High Profi Et | 1.03% | 389,583 | $12.5M | Add +21.3% |
| USRT iShares Core US REIT ETF | 0.99% | 224,796 | $12.0M | Add +2.5% |
| DFAS Dimensional US Small Cap ETF | 0.94% | 189,882 | $11.4M | Add +17.1% |
| DFAR Dimensional US Real Est ETF | 0.80% | 436,643 | $9.6M | Add +10.2% |
| BSV Vanguard Short-Term Bond ETF | 0.77% | 121,166 | $9.3M | Add +2.5% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.75% | 46,265 | $9.1M | Reduce -1.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.75% | 155,235 | $9.1M | Reduce -0.9% |
| IJR iShares Core S&P Small-Cap E | 0.71% | 80,357 | $8.6M | Reduce -12.0% |
| TIP iShares Tips Bond ETF | 0.70% | 79,154 | $8.5M | Reduce -2.0% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.68% | 106,619 | $8.2M | Reduce -5.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.61% | 27,563 | $7.4M | Reduce -1.5% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 0.57% | 58,481 | $6.9M | Reduce -2.1% |
| DFAX Dimensional World Ex US Core | 0.54% | 257,160 | $6.5M | Reduce -3.0% |
| MUB iShares National Muni Bond E | 0.53% | 60,457 | $6.4M | Add +2.9% |
| ICSH iShares Ultra Short Duration | 0.53% | 126,733 | $6.4M | Reduce -8.7% |
| DUSB Dimension Ultrashort Fi ETF | 0.51% | 122,344 | $6.2M | Add +7.8% |
| VTIP Vanguard Short-Term Tips | 0.51% | 126,810 | $6.2M | Reduce -1.4% |
| EFA iShares MSCI Eafe ETF | 0.51% | 78,345 | $6.1M | Reduce -0.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.49% | 37,028 | $5.9M | Reduce -0.7% |
| DFIV Dimensional International Va | 0.45% | 151,925 | $5.5M | Add +2.1% |
| SCHX Schwab US Large-Cap ETF | 0.45% | 84,068 | $5.4M | Reduce -0.2% |
| SCHZ Schwab US Aggregate Bond ETF | 0.43% | 114,138 | $5.2M | Add +4.8% |
| SUB iShares Short-Term National | 0.41% | 48,058 | $5.0M | Reduce -13.7% |
| DFSV Dimensional US Small Cap Val | 0.41% | 173,919 | $5.0M | Add +1.0% |
| SMLF iShares US Smallcap Equity F | 0.40% | 79,909 | $4.9M | Reduce -9.1% |
| IVOO Vanguard S&P Mid-Cap 400 ETF | 0.39% | 47,358 | $4.7M | Add +0.4% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.38% | 18,593 | $4.6M | Add +0.5% |
| AAPL Apple Inc. | 0.37% | 21,086 | $4.4M | Add +5.8% |
| SPIP SS SPDR P Tips ETF | 0.33% | 157,079 | $4.0M | Reduce -9.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.32% | 7,095 | $3.9M | Reduce -0.6% |
| VIOO Vanguard S&P Small-Cap 600 E | 0.30% | 37,423 | $3.7M | Reduce -21.1% |
| IWB iShares Russell 1000 ETF | 0.28% | 11,479 | $3.4M | Reduce -1.7% |
| STIP iShares 0-5 Year Tips Bond E | 0.28% | 33,574 | $3.3M | Reduce -3.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.27% | 65,814 | $3.3M | Add +9.0% |
| GNR State Street SPDR S&P Global | 0.27% | 58,440 | $3.3M | Reduce -1.3% |
| JPM JPMorgan Chase & Co. | 0.26% | 15,862 | $3.2M | Add +2.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.26% | 44,063 | $3.2M | Add +1.0% |
| IWR iShares Russell Mid-Cap ETF | 0.25% | 36,832 | $3.0M | Add +0.0% |
| ATO Atmos Energy Corp. | 0.24% | 25,080 | $2.9M | Add +0.1% |
| VMBS Vanguard Mortgage-Backed Sec | 0.24% | 63,298 | $2.9M | No change |
| DFNM Dimensional National Muni BD | 0.24% | 60,141 | $2.9M | Reduce -1.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.23% | 12,824 | $2.8M | Add +0.7% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.23% | 53,748 | $2.8M | Reduce -7.3% |
| SCHA Schwab US Small-Cap ETF | 0.22% | 56,696 | $2.7M | Add +5.0% |
| EMGF iShares Emerging Markets Equ | 0.22% | 56,679 | $2.6M | Reduce -19.1% |
| JNK SS SPDR BB High Yield Bond | 0.21% | 26,636 | $2.5M | Add +1.2% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.20% | 54,729 | $2.5M | Reduce -1.8% |
| MSFT Microsoft Corp. | 0.20% | 5,353 | $2.4M | Add +23.9% |
| ITOT iShares Core S&P Total U.S. | 0.19% | 19,890 | $2.4M | Reduce -12.1% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.19% | 92,804 | $2.3M | Add +19.5% |
| RWR SS SPDR Dow Jones REIT ETF | 0.19% | 24,596 | $2.3M | Add +0.0% |
| SHY iShares 1-3 Year Treasury Bo | 0.18% | 27,316 | $2.2M | Reduce -0.5% |
| IBDR iShares Ibonds Dec 2026 Term | 0.17% | 87,548 | $2.1M | Add +29.8% |
| IMTB iShares Core 5-10 Year Usd | 0.17% | 48,587 | $2.1M | Reduce -8.9% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.17% | 13,663 | $2.1M | Reduce -0.5% |
| IWD iShares Russell 1000 Value E | 0.16% | 11,129 | $1.9M | Reduce -1.3% |
| IBDP iShares Ibonds Dec 2024 Term | 0.16% | 77,038 | $1.9M | Reduce -14.2% |
| IBTE iShares Ibonds Dec 2024 Term | 0.16% | 79,288 | $1.9M | Reduce -20.1% |
| VXF Vanguard Extended Market ETF | 0.14% | 10,019 | $1.7M | No change |
| NVDA Nvidia Corp. | 0.14% | 13,590 | $1.7M | Add +49.2% |
| IBMM iShares Ibonds Dec 2024 Term | 0.14% | 64,008 | $1.7M | No change |
| VIOV Vanguard S&P Small-Cap 600 V | 0.13% | 18,332 | $1.5M | Add +15.4% |
| VWO Vanguard Ftse Emerging Marke | 0.12% | 34,495 | $1.5M | Reduce -1.5% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.12% | 12,580 | $1.4M | Reduce -36.6% |
| SCHM Schwab US Mid Cap ETF | 0.11% | 17,825 | $1.4M | Add +4.6% |
| IBTF iShares Ibonds Dec 2025 Term | 0.11% | 58,920 | $1.4M | Reduce -18.6% |
| GLD SPDR Gold Shares | 0.11% | 6,100 | $1.3M | Add +0.6% |
| IBMO iShares Ibonds Dec 2026 Term | 0.10% | 49,533 | $1.3M | Add +13.6% |
| AMZN Amazon.com Inc. | 0.10% | 6,432 | $1.2M | Add +1.0% |
| LLY Eli Lilly & Co. | 0.10% | 1,365 | $1.2M | Add +23.4% |
| IBTG iShares Ibonds Dec 2026 Term | 0.10% | 52,833 | $1.2M | Add +1.1% |
| IVOV Vanguard S&P Mid-Cap 400 Val | 0.10% | 13,558 | $1.2M | No change |
Portfolio Sells Q1 2024 → Q2 2024
| IJH iShares Core S&P Midcap ETF | Reduce -4.7% | 5.32% | −0.43 |
| IVE iShares S&P 500 Value ETF | Reduce -3.5% | 3.98% | −0.22 |
| VOOV Vanguard S&P 500 Value ETF | Reduce -8.4% | 1.68% | −0.19 |
| LRGF iShares US Equity Factor ETF | Reduce -10.3% | 2.46% | −0.17 |
| AGG iShares Core U.S. Aggregate | Reduce -4.7% | 3.20% | −0.16 |
| INTF iShares International Equity | Reduce -8.8% | 1.17% | −0.13 |
| BND Vanguard Total Bond Market | Reduce -7.0% | 1.72% | −0.13 |
| IXUS iShares Core Intl Stock ETF | Reduce -2.9% | 4.61% | −0.13 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -2.5% | 1.59% | −0.12 |
| IJR iShares Core S&P Small-Cap E | Reduce -12.0% | 0.71% | −0.12 |
| VIOO Vanguard S&P Small-Cap 600 E | Reduce -21.1% | 0.30% | −0.09 |
| IAGG iShares Intl Aggregate Bond | Reduce -5.3% | 1.61% | −0.08 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -2.8% | 2.41% | −0.08 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -36.6% | 0.12% | −0.07 |
| DFAC Dimensional US Core Equity 2 | Reduce -4.3% | 2.26% | −0.07 |
| SUB iShares Short-Term National | Reduce -13.7% | 0.41% | −0.06 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -0.2% | 2.19% | −0.06 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -0.6% | 1.12% | −0.06 |
| SMLF iShares US Smallcap Equity F | Reduce -9.1% | 0.40% | −0.05 |
| ICSH iShares Ultra Short Duration | Reduce -8.7% | 0.53% | −0.05 |
| IBTE iShares Ibonds Dec 2024 Term | Reduce -20.1% | 0.16% | −0.04 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -5.9% | 0.68% | −0.04 |
| EMGF iShares Emerging Markets Equ | Reduce -19.1% | 0.22% | −0.04 |
| SPIP SS SPDR P Tips ETF | Reduce -9.8% | 0.33% | −0.04 |
| DFIS Dimensional International SM | Sold out | 0.00% | −0.03 |
| IBHE iShares Ibonds 2025 H/Y Inc. | Reduce -24.8% | 0.09% | −0.03 |
| IBHD iShares Ibonds 2024 H/Y Inc. | Reduce -22.9% | 0.10% | −0.03 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -2.8% | 1.20% | −0.03 |
| IBTF iShares Ibonds Dec 2025 Term | Reduce -18.6% | 0.11% | −0.02 |
| IBDP iShares Ibonds Dec 2024 Term | Reduce -14.2% | 0.16% | −0.02 |
| DVY iShares Select Dividend ETF | Reduce -38.5% | 0.03% | −0.02 |
| ITOT iShares Core S&P Total U.S. | Reduce -12.1% | 0.19% | −0.02 |
| KR Kroger Co. | Sold out | 0.00% | −0.02 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -7.3% | 0.23% | −0.02 |
| IMTB iShares Core 5-10 Year Usd | Reduce -8.9% | 0.17% | −0.02 |
| ATEC Alphatec Holdings Inc. | Reduce -0.0% | 0.05% | −0.02 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -52.1% | 0.01% | −0.01 |
| TIP iShares Tips Bond ETF | Reduce -2.0% | 0.70% | −0.01 |
| DFAX Dimensional World Ex US Core | Reduce -3.0% | 0.54% | −0.01 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Reduce -2.1% | 0.57% | −0.01 |
| GNR State Street SPDR S&P Global | Reduce -1.3% | 0.27% | −0.01 |
| EFA iShares MSCI Eafe ETF | Reduce -0.9% | 0.51% | −0.01 |
| NEAR iShares SH Dba ETF Usd Inc. | Reduce -25.3% | 0.03% | −0.01 |
| IUSV iShares Core S&P U.S. Value | Reduce -7.5% | 0.09% | −0.01 |
| DIHP Dimensional International Hi | Reduce -77.3% | 0.00% | −0.01 |
| HD Home Depot Inc. | Reduce -13.3% | 0.03% | −0.01 |
| SPIB SS SPDR P Int C Corp. ETF | Reduce -30.7% | 0.02% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -8.9% | 0.07% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.7% | 0.49% | −0.01 |
| DFGP Dimensional GLBL Core PL Fix | Reduce -33.6% | 0.01% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| DFCF Dimensional Core Fixed Inc. | Add +11.6% | 2.47% | +0.25 |
| DFIC Dimensional International Co. | Add +10.5% | 2.87% | +0.25 |
| DFSD Dimensional Short Duration | Add +8.5% | 2.63% | +0.22 |
| DFLV Dim US Large Cap Value ETF | Add +16.5% | 1.82% | +0.21 |
| DUHP Dimensional US High Profi Et | Add +21.3% | 1.03% | +0.20 |
| DFEM Dimensional Emrg MRKT Core | Add +10.3% | 1.35% | +0.19 |
| DFAS Dimensional US Small Cap ETF | Add +17.1% | 0.94% | +0.11 |
| AAPL Apple Inc. | Add +5.8% | 0.37% | +0.09 |
| NVDA Nvidia Corp. | Add +49.2% | 0.14% | +0.07 |
| DFAR Dimensional US Real Est ETF | Add +10.2% | 0.80% | +0.07 |
| BIV Vanguard Intermediate-Term B | Add +5.9% | 1.23% | +0.07 |
| USHY iShares Broad Usd High Yield | Add +5.0% | 1.40% | +0.06 |
| MSFT Microsoft Corp. | Add +23.9% | 0.20% | +0.05 |
| DFAT Dimensional US Target Value | Add +7.0% | 1.74% | +0.05 |
| DUSB Dimension Ultrashort Fi ETF | Add +7.8% | 0.51% | +0.04 |
| IBDR iShares Ibonds Dec 2026 Term | Add +29.8% | 0.17% | +0.04 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +19.5% | 0.19% | +0.03 |
| LLY Eli Lilly & Co. | Add +23.4% | 0.10% | +0.03 |
| USRT iShares Core US REIT ETF | Add +2.5% | 0.99% | +0.03 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +219.2% | 0.04% | +0.03 |
| BSV Vanguard Short-Term Bond ETF | Add +2.5% | 0.77% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +9.2% | 0.10% | +0.02 |
| XOM Exxon Mobil Corp. | New | 0.02% | +0.02 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +9.0% | 0.27% | +0.02 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +0.5% | 0.38% | +0.02 |
| SCHZ Schwab US Aggregate Bond ETF | Add +4.8% | 0.43% | +0.02 |
| COST Costco Wholesale Corp. | New | 0.02% | +0.02 |
| NFLX Netflix Inc. | New | 0.02% | +0.02 |
| AMGN Amgen Inc. | New | 0.02% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +13.0% | 0.06% | +0.02 |
| META Meta Platforms Inc. Class A | Add +54.8% | 0.04% | +0.01 |
| MUB iShares National Muni Bond E | Add +2.9% | 0.53% | +0.01 |
| VCIT Vanguard Int-Term Corporate | Add +1.0% | 1.39% | +0.01 |
| IBMO iShares Ibonds Dec 2026 Term | Add +13.6% | 0.10% | +0.01 |
| TSLA Tesla Inc. | Add +15.1% | 0.05% | +0.01 |
| IBMQ iShares Ibonds Dec 2028 Muni | Add +34.5% | 0.05% | +0.01 |
| VIOV Vanguard S&P Small-Cap 600 V | Add +15.4% | 0.13% | +0.01 |
| DCOR Dimensional US Core Eq 1 ETF | Add +1200.0% | 0.01% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +2.1% | 0.26% | +0.01 |
| DISV Dimensional International SM | Add +20.5% | 0.05% | +0.01 |
| AMZN Amazon.com Inc. | Add +1.0% | 0.10% | +0.01 |
| IBMR iShares Ibonds Dec 2029 M BD | New | 0.01% | +0.01 |
| PROSPECT CAPITAL CORP (PSEC 6.375 03/01/25) | New | 0.01% | +0.01 |
| WMT Walmart Inc. | Add +9.1% | 0.04% | +0.01 |
| IBDU iShares Ibonds Dec 2029 Term | Add +67.0% | 0.02% | +0.01 |
| GLD SPDR Gold Shares | Add +0.6% | 0.11% | +0.01 |
| SCHP Schwab U.S. Tips ETF | Add +6.4% | 0.08% | +0.00 |
| SCHA Schwab US Small-Cap ETF | Add +5.0% | 0.22% | +0.00 |
| SCHF Schwab Intl Equity ETF | Add +59.9% | 0.01% | +0.00 |
| WMB Williams Cos Inc. | Add +2.4% | 0.04% | +0.00 |
Notes & Other Activity Q1 2024 → Q2 2024
| PROSPECT CAPITAL CORP (PSEC 6.375 03/01/25) | NOTE 6.375% 3/0 · principal | Sold out | 100,000 | $99Kbefore exit |
| REDWOOD TRUST INC (RWT 5.625 07/15/24) | NOTE 5.625% 7/1 · principal | Sold out | 50,000 | $50Kbefore exit |
| SCHO Schwab Short-Term US Treas | SHT TM US TRES | New | 0 | $0 |
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 | 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 |