Phillips Financial Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 7, 2024), Phillips Financial Management, LLC reported 275 stock positions worth $1.3 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 10.2% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 5.0%) and iShares Core Intl Stock ETF (IXUS, 4.4%). Compared with Q2 2024, it opened 13 new positions, sold out of 9, added to 74 and reduced 110. The biggest buy was Dimensional Core Fixed (DFCF, shares +42%) and the biggest sale iShares Core S&P Midcap ETF (IJH, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- FORT WAYNE, IN
- CIK
- 0001350660
- Portfolio Value
- $1.3B (Q3 2024)
- SEC Filing
- 0001398344-24-020182 ↗ filed Nov 7, 2024
Holdings Value
Holdings 275 stocks · $1.3B
| IVV iShares Core S&P 500 ETF | 10.21% | 228,226 | $131.6M | Reduce -0.1% |
| IJH iShares Core S&P Midcap ETF | 5.02% | 1,037,879 | $64.7M | Reduce -5.8% |
| IXUS iShares Core Intl Stock ETF | 4.39% | 778,686 | $56.6M | Reduce -5.9% |
| IVE iShares S&P 500 Value ETF | 3.83% | 250,386 | $49.4M | Reduce -5.5% |
| DFCF Dimensional Core Fixed Inc. | 3.42% | 1,021,144 | $44.1M | Add +41.6% |
| DFIC Dimensional International Co. | 3.35% | 1,535,303 | $43.2M | Add +15.8% |
| VXUS Vanguard Total Intl Stock | 3.23% | 644,293 | $41.7M | Reduce -1.3% |
| DFSD Dimensional Short Duration | 3.18% | 860,085 | $41.1M | Add +26.9% |
| AGG iShares Core U.S. Aggregate | 2.92% | 372,274 | $37.7M | Reduce -6.9% |
| VOO Vanguard S&P 500 ETF | 2.85% | 69,708 | $36.8M | Add +0.1% |
| LRGF iShares US Equity Factor ETF | 2.28% | 500,647 | $29.4M | Reduce -6.4% |
| BNDX Vanguard Total Intl Bond ETF | 2.24% | 575,533 | $28.9M | Reduce -4.1% |
| DFAC Dimensional US Core Equity 2 | 2.20% | 825,711 | $28.3M | Reduce -3.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.17% | 106,230 | $28.0M | Reduce -3.3% |
| DFLV Dim US Large Cap Value ETF | 2.08% | 870,256 | $26.8M | Add +14.2% |
| DFAT Dimensional US Target Value | 1.93% | 448,471 | $24.9M | Add +10.4% |
| VOOV Vanguard S&P 500 Value ETF | 1.70% | 114,705 | $21.9M | Reduce -0.7% |
| IJS iShares S&P Small-Cap 600 Va | 1.57% | 188,650 | $20.3M | Reduce -5.1% |
| BND Vanguard Total Bond Market | 1.55% | 265,801 | $20.0M | Reduce -8.4% |
| DFEM Dimensional Emrg MRKT Core | 1.49% | 680,988 | $19.2M | Add +11.2% |
| IAGG iShares Intl Aggregate Bond | 1.45% | 360,122 | $18.7M | Reduce -7.8% |
| VNQ Vanguard Real Estate ETF | 1.42% | 188,179 | $18.3M | Reduce -6.4% |
| USHY iShares Broad Usd High Yield | 1.38% | 473,726 | $17.8M | Add +1.3% |
| DUHP Dimensional US High Profi Et | 1.30% | 491,990 | $16.8M | Add +26.3% |
| VCIT Vanguard Int-Term Corporate | 1.28% | 197,855 | $16.6M | Reduce -6.2% |
| BIV Vanguard Intermediate-Term B | 1.15% | 189,112 | $14.8M | Reduce -5.0% |
| DFAS Dimensional US Small Cap ETF | 1.12% | 222,300 | $14.4M | Add +17.1% |
| INTF iShares International Equity | 1.10% | 453,301 | $14.2M | Reduce -6.8% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.10% | 70,852 | $14.2M | Reduce -4.5% |
| ISTB iShares Core 1-5 Year Usd Bo | 1.07% | 283,096 | $13.8M | Reduce -7.8% |
| USRT iShares Core US REIT ETF | 1.04% | 218,128 | $13.4M | Reduce -3.0% |
| DFAR Dimensional US Real Est ETF | 0.94% | 471,734 | $12.1M | Add +8.0% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.74% | 46,122 | $9.5M | Reduce -0.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.73% | 149,423 | $9.4M | Reduce -3.7% |
| BSV Vanguard Short-Term Bond ETF | 0.71% | 116,854 | $9.2M | Reduce -3.6% |
| IJR iShares Core S&P Small-Cap E | 0.64% | 70,075 | $8.2M | Reduce -12.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.63% | 101,679 | $8.1M | Reduce -4.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.62% | 28,149 | $8.0M | Add +2.1% |
| DUSB Dimension Ultrashort Fi ETF | 0.59% | 149,756 | $7.6M | Add +22.4% |
| TIP iShares Tips Bond ETF | 0.56% | 65,926 | $7.3M | Reduce -16.7% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 0.56% | 56,361 | $7.2M | Reduce -3.6% |
| DFAX Dimensional World Ex US Core | 0.53% | 252,880 | $6.8M | Reduce -1.7% |
| MUB iShares National Muni Bond E | 0.50% | 59,385 | $6.5M | Reduce -1.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.49% | 36,406 | $6.4M | Reduce -1.7% |
| EFA iShares MSCI Eafe ETF | 0.47% | 72,808 | $6.1M | Reduce -7.1% |
| SCHX Schwab US Large-Cap ETF | 0.45% | 85,951 | $5.8M | Add +2.2% |
| DFIV Dimensional International Va | 0.45% | 152,088 | $5.8M | Add +0.1% |
| ICSH iShares Ultra Short Duration | 0.45% | 113,934 | $5.8M | Reduce -10.1% |
| VTIP Vanguard Short-Term Tips | 0.43% | 113,306 | $5.6M | Reduce -10.7% |
| SCHZ Schwab US Aggregate Bond ETF | 0.42% | 113,653 | $5.4M | Reduce -0.4% |
| DFSV Dimensional US Small Cap Val | 0.42% | 175,000 | $5.4M | Add +0.6% |
| IVOO Vanguard S&P Mid-Cap 400 ETF | 0.38% | 46,810 | $4.9M | Reduce -1.2% |
| AAPL Apple Inc. | 0.38% | 21,168 | $4.9M | Add +0.4% |
| SUB iShares Short-Term National | 0.37% | 45,372 | $4.8M | Reduce -5.6% |
| SMLF iShares US Smallcap Equity F | 0.37% | 72,539 | $4.8M | Reduce -9.2% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.37% | 18,091 | $4.8M | Reduce -2.7% |
| VIOO Vanguard S&P Small-Cap 600 E | 0.31% | 37,423 | $4.0M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.31% | 7,036 | $4.0M | Reduce -0.8% |
| IWB iShares Russell 1000 ETF | 0.28% | 11,354 | $3.6M | Reduce -1.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.27% | 43,836 | $3.4M | Reduce -0.5% |
| GNR State Street SPDR S&P Global | 0.26% | 58,440 | $3.4M | No change |
| JPM JPMorgan Chase & Co. | 0.26% | 15,912 | $3.4M | Add +0.3% |
| ATO Atmos Energy Corp. | 0.26% | 24,090 | $3.3M | Reduce -4.0% |
| IWR iShares Russell Mid-Cap ETF | 0.25% | 36,832 | $3.2M | No change |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.25% | 62,463 | $3.2M | Reduce -5.1% |
| SPIP SS SPDR P Tips ETF | 0.25% | 120,422 | $3.2M | Reduce -23.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.24% | 12,964 | $3.1M | Add +1.1% |
| SCHA Schwab US Small-Cap ETF | 0.23% | 58,393 | $3.0M | Add +3.0% |
| VMBS Vanguard Mortgage-Backed Sec | 0.23% | 62,879 | $3.0M | Reduce -0.7% |
| STIP iShares 0-5 Year Tips Bond E | 0.22% | 28,280 | $2.9M | Reduce -15.8% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.21% | 51,287 | $2.8M | Reduce -4.6% |
| ITOT iShares Core S&P Total U.S. | 0.20% | 20,880 | $2.6M | Add +5.0% |
| EMGF iShares Emerging Markets Equ | 0.20% | 52,445 | $2.6M | Reduce -7.5% |
| RWR SS SPDR Dow Jones REIT ETF | 0.20% | 24,017 | $2.6M | Reduce -2.4% |
| DFNM Dimensional National Muni BD | 0.20% | 52,327 | $2.5M | Reduce -13.0% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.18% | 94,310 | $2.4M | Add +1.6% |
| JNK SS SPDR BB High Yield Bond | 0.18% | 24,076 | $2.4M | Reduce -9.6% |
| MSFT Microsoft Corp. | 0.18% | 5,289 | $2.3M | Reduce -1.2% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.18% | 48,120 | $2.3M | Reduce -12.1% |
| SHY iShares 1-3 Year Treasury Bo | 0.17% | 26,341 | $2.2M | Reduce -3.6% |
| IBDR iShares Ibonds Dec 2026 Term | 0.17% | 89,833 | $2.2M | Add +2.6% |
| IMTB iShares Core 5-10 Year Usd | 0.16% | 45,852 | $2.0M | Reduce -5.6% |
| IWD iShares Russell 1000 Value E | 0.16% | 10,673 | $2.0M | Reduce -4.1% |
| IBDP iShares Ibonds Dec 2024 Term | 0.15% | 77,038 | $1.9M | No change |
| IBTE iShares Ibonds Dec 2024 Term | 0.15% | 80,145 | $1.9M | Add +1.1% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.14% | 10,894 | $1.8M | Reduce -20.3% |
| NVDA Nvidia Corp. | 0.14% | 14,810 | $1.8M | Add +9.0% |
| VXF Vanguard Extended Market ETF | 0.14% | 9,752 | $1.8M | Reduce -2.7% |
| SCHP Schwab U.S. Tips ETF | 0.13% | 31,013 | $1.7M | Add +76.7% |
| VWO Vanguard Ftse Emerging Marke | 0.13% | 34,378 | $1.6M | Reduce -0.3% |
| IBMM iShares Ibonds Dec 2024 Term | 0.13% | 62,891 | $1.6M | Reduce -1.8% |
| VIOV Vanguard S&P Small-Cap 600 V | 0.13% | 17,642 | $1.6M | Reduce -3.8% |
| SCHM Schwab US Mid Cap ETF | 0.12% | 18,670 | $1.6M | Add +4.7% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.12% | 12,336 | $1.5M | Reduce -1.9% |
| GLD SPDR Gold Shares | 0.11% | 6,056 | $1.5M | Reduce -0.7% |
| IBTF iShares Ibonds Dec 2025 Term | 0.11% | 59,915 | $1.4M | Add +1.7% |
| IVOV Vanguard S&P Mid-Cap 400 Val | 0.10% | 13,558 | $1.3M | No change |
| IBMO iShares Ibonds Dec 2026 Term | 0.10% | 48,658 | $1.2M | Reduce -1.8% |
| IBTG iShares Ibonds Dec 2026 Term | 0.10% | 53,726 | $1.2M | Add +1.7% |
| IUSV iShares Core S&P U.S. Value | 0.10% | 12,881 | $1.2M | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $100K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PROSPECT CAPITAL CORP (PSEC 6.375 03/01/25) | NOTE 6.375% 3/0 · principal | 100,000 | $100K | New |
Total filed on the 13F, all lines: $1.3B.
Portfolio Sells Q2 2024 → Q3 2024
| IJH iShares Core S&P Midcap ETF | Reduce -5.8% | 5.02% | −0.30 |
| AGG iShares Core U.S. Aggregate | Reduce -6.9% | 2.92% | −0.28 |
| IXUS iShares Core Intl Stock ETF | Reduce -5.9% | 4.39% | −0.22 |
| BND Vanguard Total Bond Market | Reduce -8.4% | 1.55% | −0.18 |
| LRGF iShares US Equity Factor ETF | Reduce -6.4% | 2.28% | −0.17 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -4.1% | 2.24% | −0.17 |
| IAGG iShares Intl Aggregate Bond | Reduce -7.8% | 1.45% | −0.16 |
| IVE iShares S&P 500 Value ETF | Reduce -5.5% | 3.83% | −0.15 |
| TIP iShares Tips Bond ETF | Reduce -16.7% | 0.56% | −0.13 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -7.8% | 1.07% | −0.13 |
| VCIT Vanguard Int-Term Corporate | Reduce -6.2% | 1.28% | −0.11 |
| IVV iShares Core S&P 500 ETF | Reduce -0.1% | 10.21% | −0.10 |
| SPIP SS SPDR P Tips ETF | Reduce -23.3% | 0.25% | −0.08 |
| BIV Vanguard Intermediate-Term B | Reduce -5.0% | 1.15% | −0.08 |
| ICSH iShares Ultra Short Duration | Reduce -10.1% | 0.45% | −0.08 |
| VTIP Vanguard Short-Term Tips | Reduce -10.7% | 0.43% | −0.07 |
| IJR iShares Core S&P Small-Cap E | Reduce -12.8% | 0.64% | −0.07 |
| DFAC Dimensional US Core Equity 2 | Reduce -3.0% | 2.20% | −0.07 |
| INTF iShares International Equity | Reduce -6.8% | 1.10% | −0.07 |
| BSV Vanguard Short-Term Bond ETF | Reduce -3.6% | 0.71% | −0.05 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -4.6% | 0.63% | −0.05 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -15.8% | 0.22% | −0.05 |
| SUB iShares Short-Term National | Reduce -5.6% | 0.37% | −0.04 |
| DFNM Dimensional National Muni BD | Reduce -13.0% | 0.20% | −0.04 |
| WMB Williams Cos Inc. | Sold out | 0.00% | −0.04 |
| EFA iShares MSCI Eafe ETF | Reduce -7.1% | 0.47% | −0.03 |
| MUB iShares National Muni Bond E | Reduce -1.8% | 0.50% | −0.03 |
| SMLF iShares US Smallcap Equity F | Reduce -9.2% | 0.37% | −0.03 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -12.1% | 0.18% | −0.03 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -20.3% | 0.14% | −0.03 |
| DFGX Dimsnl Intr CF in ETF-Usd Inc. | Reduce -81.2% | 0.01% | −0.03 |
| JNK SS SPDR BB High Yield Bond | Reduce -9.6% | 0.18% | −0.02 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -5.1% | 0.25% | −0.02 |
| MSFT Microsoft Corp. | Reduce -1.2% | 0.18% | −0.02 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -3.7% | 0.73% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -3.3% | 2.17% | −0.02 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -5.1% | 1.57% | −0.02 |
| CYH Community Health Systems Inc. | Sold out | 0.00% | −0.02 |
| EMGF iShares Emerging Markets Equ | Reduce -7.5% | 0.20% | −0.02 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -4.5% | 1.10% | −0.01 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -3.6% | 0.17% | −0.01 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Reduce -0.3% | 0.74% | −0.01 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -4.6% | 0.21% | −0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -2.7% | 0.37% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -5.0% | 0.09% | −0.01 |
| IMTB iShares Core 5-10 Year Usd | Reduce -5.6% | 0.16% | −0.01 |
| DFIP Dimensional Inflation-Protec | Reduce -49.0% | 0.01% | −0.01 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Reduce -3.6% | 0.56% | −0.01 |
| VXUS Vanguard Total Intl Stock | Reduce -1.3% | 3.23% | −0.01 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -0.4% | 0.42% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| DFCF Dimensional Core Fixed Inc. | Add +41.6% | 3.42% | +0.95 |
| DFSD Dimensional Short Duration | Add +26.9% | 3.18% | +0.56 |
| DFIC Dimensional International Co. | Add +15.8% | 3.35% | +0.48 |
| DUHP Dimensional US High Profi Et | Add +26.3% | 1.30% | +0.27 |
| DFLV Dim US Large Cap Value ETF | Add +14.2% | 2.08% | +0.26 |
| DFAT Dimensional US Target Value | Add +10.4% | 1.93% | +0.20 |
| DFAS Dimensional US Small Cap ETF | Add +17.1% | 1.12% | +0.18 |
| DFAR Dimensional US Real Est ETF | Add +8.0% | 0.94% | +0.14 |
| DFEM Dimensional Emrg MRKT Core | Add +11.2% | 1.49% | +0.14 |
| DUSB Dimension Ultrashort Fi ETF | Add +22.4% | 0.59% | +0.08 |
| SCHP Schwab U.S. Tips ETF | Add +76.7% | 0.13% | +0.05 |
| BRO Brown & Brown Inc. | New | 0.03% | +0.03 |
| AAPL Apple Inc. | Add +0.4% | 0.38% | +0.02 |
| KR Kroger Co. | New | 0.02% | +0.02 |
| SRE Sempra | New | 0.02% | +0.02 |
| DCOR Dimensional US Core Eq 1 ETF | Add +121.1% | 0.02% | +0.01 |
| SCHA Schwab US Small-Cap ETF | Add +3.0% | 0.23% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.1% | 0.62% | +0.01 |
| ITOT iShares Core S&P Total U.S. | Add +5.0% | 0.20% | +0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +1.1% | 0.24% | +0.01 |
| EVLV Evolv Technologies Holdings | New | 0.01% | +0.01 |
| FICO Fair Isaac Corp. | Add +3.5% | 0.04% | +0.01 |
| SCHX Schwab US Large-Cap ETF | Add +2.2% | 0.45% | +0.01 |
| SCHM Schwab US Mid Cap ETF | Add +4.7% | 0.12% | +0.01 |
| WMT Walmart Inc. | Add +1.3% | 0.04% | +0.01 |
| DFSV Dimensional US Small Cap Val | Add +0.6% | 0.42% | +0.01 |
| ESGD iShares Trust iShares ESG Aw | New | 0.01% | +0.01 |
| HD Home Depot Inc. | Add +3.8% | 0.04% | +0.00 |
| DISV Dimensional International SM | Add +6.7% | 0.06% | +0.00 |
| ESGV Vanguard ESG US Stock ETF | New | 0.00% | +0.00 |
| RWO State Street SPDR Dow Jones | Add +15.1% | 0.02% | +0.00 |
| LOW Lowe's Cos Inc. | Add +0.7% | 0.03% | +0.00 |
| PGR Progressive Corp. | Add +0.7% | 0.02% | +0.00 |
| META Meta Platforms Inc. Class A | Add +1.6% | 0.04% | +0.00 |
| DJP Ipath Bloomberg Commodity Inc. | Add +22.7% | 0.02% | +0.00 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +10.4% | 0.04% | +0.00 |
| SCHD Schwab US DVD Equity ETF | Add +144.8% | 0.00% | +0.00 |
| JNJ Johnson & Johnson | Add +6.7% | 0.02% | +0.00 |
| ICLN iShares Global Clean Energy | New | 0.00% | +0.00 |
| ESML iShares ESG Aware MSCI USA S | New | 0.00% | +0.00 |
| IYW iShares Ustechnology ETF | Add +1545.5% | 0.00% | +0.00 |
| UNH Unitedhealth Group Inc. | Add +2.1% | 0.02% | +0.00 |
| ICE Intercontinental Exchange Inc. | Add +0.8% | 0.02% | +0.00 |
| MA Mastercard Inc. Class A | Add +1.4% | 0.03% | +0.00 |
| SPHY SS SPDR P High Yield ETF | Add +9.1% | 0.03% | +0.00 |
| SCHJ Schwab 1-5 YR Corp. BND ETF | New | 0.00% | +0.00 |
| XLI SS Industrial Select Sector | New | 0.00% | +0.00 |
| DFEV Dimensional Emrg MRKT Val | Add +17.9% | 0.01% | +0.00 |
| IYC iShares US Consumer Discreti | New | 0.00% | +0.00 |
| DFUS Dimensional US Eq MKT ETF | Add +2.4% | 0.07% | +0.00 |
Notes & Other Activity Q2 2024 → Q3 2024
| PROSPECT CAPITAL CORP (PSEC 6.375 03/01/25) | NOTE 6.375% 3/0 · principal | New | 100,000 | $100K |
| SCHO Schwab Short-Term US Treas | SHT TM US TRES | Sold out | 0 | $0before exit |
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 |