Scratch Capital LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 15, 2025), Scratch Capital LLC reported 63 stock positions worth $151.6 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 15.4% of the portfolio, followed by Vanguard Short-Term Treasury (VGSH, 10.5%) and Dimensional International (DFIC, 9.2%). Compared with Q2 2025, it opened 26 new positions, added to 20 and reduced 12. The biggest buy was Vanguard 0-3M T-Bill ETF (VBIL, shares +495%) and the biggest sale iShares 0-3 Month Treasury B (SGOV, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- BOISE, ID
- CIK
- 0002055324
- Portfolio Value
- $151.6M (Q3 2025)
- SEC Filing
- 0001754960-25-000664 ↗ filed Oct 15, 2025
Holdings Value
Holdings 63 stocks · $151.6M
| DFAC Dimensional US Core Equity 2 | 15.40% | 605,383 | $23.3M | Add +9.9% |
| VGSH Vanguard Short-Term Treasury | 10.48% | 269,854 | $15.9M | Add +3.5% |
| DFIC Dimensional International Co. | 9.15% | 423,170 | $13.9M | Add +5.8% |
| DUHP Dimensional US High Profi Et | 8.91% | 357,718 | $13.5M | Add +11.2% |
| DFSV Dimensional US Small Cap Val | 7.37% | 350,953 | $11.2M | Add +7.8% |
| DFIP Dimensional Inflation-Protec | 7.02% | 251,964 | $10.6M | Add +7.3% |
| DFAT Dimensional US Target Value | 5.08% | 132,384 | $7.7M | Reduce -0.0% |
| VTI VG Morningstar TS MKT ETF-US | 4.76% | 21,975 | $7.2M | Add +0.1% |
| DFEM Dimensional Emrg MRKT Core | 4.32% | 204,287 | $6.6M | Add +6.8% |
| SGOV iShares 0-3 Month Treasury B | 2.28% | 34,252 | $3.4M | Reduce -29.7% |
| VBIL Vanguard 0-3M T-Bill ETF | 2.22% | 44,487 | $3.4M | Add +495.2% |
| TIP iShares Tips Bond ETF | 1.85% | 25,252 | $2.8M | No change |
| DFNM Dimensional National Muni BD | 1.70% | 53,640 | $2.6M | Add +171.0% |
| INTU Intuit Inc. | 1.41% | 3,125 | $2.1M | Reduce -10.8% |
| APH Amphenol Corp. Class A | 1.05% | 12,896 | $1.6M | New |
| AAPL Apple Inc. | 0.99% | 5,921 | $1.5M | Add +395.9% |
| NVDA Nvidia Corp. | 0.84% | 6,858 | $1.3M | Reduce -6.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.83% | 1,900 | $1.3M | No change |
| WFC Wells Fargo & Co. | 0.76% | 13,706 | $1.1M | Reduce -2.5% |
| DFAI Dimensional International Co. | 0.74% | 30,819 | $1.1M | Add +0.8% |
| VONV Vanguard Russell 1000 Value | 0.66% | 11,274 | $1.0M | Reduce -14.6% |
| DCOR Dimensional US Core Eq 1 ETF | 0.58% | 12,159 | $875K | Add +5.5% |
| WMT Walmart Inc. | 0.57% | 8,372 | $863K | Add +6.3% |
| FISV Fiserv Inc. | 0.53% | 6,250 | $806K | New |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.51% | 2,501 | $775K | New |
| DFAX Dimensional World Ex US Core | 0.49% | 23,901 | $750K | No change |
| VRSK Verisk Analytics Inc. | 0.48% | 2,900 | $729K | New |
| GME Gamestop Corp. Class A | 0.45% | 25,153 | $686K | Add +3.7% |
| DFCA Dimensional Calfornia MB ETF | 0.44% | 13,520 | $674K | New |
| MU Micron Technology Inc. | 0.44% | 4,003 | $670K | Add +66.7% |
| CSCO Cisco Systems Inc. | 0.44% | 9,723 | $665K | Reduce -7.0% |
| TMO Thermo Fisher Scientific Inc. | 0.41% | 1,291 | $626K | New |
| BROS Dutch Bros Inc. Class A | 0.41% | 11,861 | $621K | Reduce -0.0% |
| SPGI S&P Global Inc. | 0.39% | 1,211 | $589K | New |
| XYL Xylem Inc. | 0.39% | 3,981 | $587K | New |
| ORCL Oracle Corp. | 0.39% | 2,082 | $586K | Reduce -9.6% |
| DHR Danaher Corp. | 0.37% | 2,801 | $555K | New |
| GOOGL Alphabet Inc. Class A | 0.36% | 2,265 | $551K | New |
| MSFT Microsoft Corp. | 0.33% | 977 | $506K | Reduce -15.2% |
| VRT Vertiv Holdings Co. Class A | 0.31% | 3,101 | $468K | New |
| GOOG Alphabet Inc. Class C | 0.27% | 1,683 | $410K | New |
| VEA Vanguard Ftse Developed ETF | 0.27% | 6,807 | $408K | Add +0.3% |
| ATR Aptargroup Inc. | 0.26% | 3,001 | $401K | New |
| ROP Roper Technologies Inc. | 0.26% | 801 | $399K | New |
| CHD Church & Dwight Co. Inc. | 0.25% | 4,401 | $386K | New |
| WAT Waters Corp. | 0.24% | 1,200 | $360K | New |
| V Visa Inc. Class A | 0.23% | 1,019 | $348K | New |
| FIS Fidelity National Info Serv | 0.22% | 5,052 | $333K | New |
| SCHO Schwab Short-Term US Treas | 0.20% | 12,251 | $299K | Reduce -6.5% |
| ENB Enbridge Inc. | 0.19% | 5,562 | $281K | New |
| ITOT iShares Core S&P Total U.S. | 0.18% | 1,902 | $277K | Reduce -2.6% |
| IEX Idex Corp. | 0.17% | 1,601 | $261K | New |
| TSLA Tesla Inc. | 0.17% | 578 | $257K | New |
| HD Home Depot Inc. | 0.16% | 591 | $240K | Add +0.5% |
| DFAE Dimensional Emerging Core Eq | 0.15% | 7,108 | $224K | Add +2.5% |
| DVY iShares Select Dividend ETF | 0.15% | 1,565 | $222K | New |
| AIZ Assurant Inc. | 0.14% | 976 | $211K | New |
| GS Goldman Sachs Group Inc. | 0.14% | 259 | $206K | New |
| USB US Bancorp | 0.14% | 4,237 | $205K | New |
| NAK Northern Dynasty Minerals | 0.04% | 53,180 | $64K | No change |
| CID HOLDCO INC | 0.02% | 10,760 | $27K | New |
| BAER Bridger Aerospace Group Hold | 0.02% | 13,607 | $25K | No change |
| LUCD Lucid Diagnostics Inc. | 0.01% | 20,994 | $21K | Add +76.4% |
Portfolio Sells Q2 2025 → Q3 2025
| SGOV iShares 0-3 Month Treasury B | Reduce -29.7% | 2.28% | −1.72 |
| INTU Intuit Inc. | Reduce -10.8% | 1.41% | −0.84 |
| DFAT Dimensional US Target Value | Reduce -0.0% | 5.08% | −0.73 |
| VONV Vanguard Russell 1000 Value | Reduce -14.6% | 0.66% | −0.25 |
| BROS Dutch Bros Inc. Class A | Reduce -0.0% | 0.41% | −0.25 |
| WFC Wells Fargo & Co. | Reduce -2.5% | 0.76% | −0.16 |
| CSCO Cisco Systems Inc. | Reduce -7.0% | 0.44% | −0.15 |
| MSFT Microsoft Corp. | Reduce -15.2% | 0.33% | −0.13 |
| NVDA Nvidia Corp. | Reduce -6.6% | 0.84% | −0.10 |
| SCHO Schwab Short-Term US Treas | Reduce -6.5% | 0.20% | −0.06 |
| ITOT iShares Core S&P Total U.S. | Reduce -2.6% | 0.18% | −0.03 |
| ORCL Oracle Corp. | Reduce -9.6% | 0.39% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| VBIL Vanguard 0-3M T-Bill ETF | Add +495.2% | 2.22% | +1.76 |
| APH Amphenol Corp. Class A | New | 1.05% | +1.05 |
| DFNM Dimensional National Muni BD | Add +171.0% | 1.70% | +0.93 |
| AAPL Apple Inc. | Add +395.9% | 0.99% | +0.80 |
| FISV Fiserv Inc. | New | 0.53% | +0.53 |
| AJG Arthur J Gallagher & Co. | New | 0.51% | +0.51 |
| VRSK Verisk Analytics Inc. | New | 0.48% | +0.48 |
| DFCA Dimensional Calfornia MB ETF | New | 0.44% | +0.44 |
| TMO Thermo Fisher Scientific Inc. | New | 0.41% | +0.41 |
| SPGI S&P Global Inc. | New | 0.39% | +0.39 |
| XYL Xylem Inc. | New | 0.39% | +0.39 |
| DHR Danaher Corp. | New | 0.37% | +0.37 |
| GOOGL Alphabet Inc. Class A | New | 0.36% | +0.36 |
| VRT Vertiv Holdings Co. Class A | New | 0.31% | +0.31 |
| GOOG Alphabet Inc. Class C | New | 0.27% | +0.27 |
| ATR Aptargroup Inc. | New | 0.26% | +0.26 |
| ROP Roper Technologies Inc. | New | 0.26% | +0.26 |
| CHD Church & Dwight Co. Inc. | New | 0.25% | +0.25 |
| WAT Waters Corp. | New | 0.24% | +0.24 |
| V Visa Inc. Class A | New | 0.23% | +0.23 |
| FIS Fidelity National Info Serv | New | 0.22% | +0.22 |
| MU Micron Technology Inc. | Add +66.7% | 0.44% | +0.20 |
| ENB Enbridge Inc. | New | 0.19% | +0.19 |
| IEX Idex Corp. | New | 0.17% | +0.17 |
| TSLA Tesla Inc. | New | 0.17% | +0.17 |
| DVY iShares Select Dividend ETF | New | 0.15% | +0.15 |
| AIZ Assurant Inc. | New | 0.14% | +0.14 |
| GS Goldman Sachs Group Inc. | New | 0.14% | +0.14 |
| USB US Bancorp | New | 0.14% | +0.14 |
| CID HOLDCO INC | New | 0.02% | +0.02 |
| LUCD Lucid Diagnostics Inc. | Add +76.4% | 0.01% | +0.00 |
| DFAE Dimensional Emerging Core Eq | Add +2.5% | 0.15% | −0.02 |
| HD Home Depot Inc. | Add +0.5% | 0.16% | −0.02 |
| GME Gamestop Corp. Class A | Add +3.7% | 0.45% | −0.03 |
| VEA Vanguard Ftse Developed ETF | Add +0.3% | 0.27% | −0.05 |
| DCOR Dimensional US Core Eq 1 ETF | Add +5.5% | 0.58% | −0.05 |
| WMT Walmart Inc. | Add +6.3% | 0.57% | −0.06 |
| DFAI Dimensional International Co. | Add +0.8% | 0.74% | −0.12 |
| DFEM Dimensional Emrg MRKT Core | Add +6.8% | 4.32% | −0.30 |
| DUHP Dimensional US High Profi Et | Add +11.2% | 8.91% | −0.39 |
| DFSV Dimensional US Small Cap Val | Add +7.8% | 7.37% | −0.42 |
| DFAC Dimensional US Core Equity 2 | Add +9.9% | 15.40% | −0.65 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.1% | 4.76% | −0.67 |
| DFIC Dimensional International Co. | Add +5.8% | 9.15% | −0.96 |
| DFIP Dimensional Inflation-Protec | Add +7.3% | 7.02% | −0.97 |
| VGSH Vanguard Short-Term Treasury | Add +3.5% | 10.48% | −2.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 44 | $201.5M | DFAC, DFIC, DUHP, VGSH, DFSV |
| Q1 2026 | 45 | $174.6M | DFAC, DFIC, VGSH, DUHP, DFIP |
| Q4 2025 | 47 | $152.8M | DFAC, VGSH, DFIC, DUHP, DFIP |
| Q3 2025 | 63 | $151.6M | DFAC, VGSH, DFIC, DUHP, DFSV |
| Q2 2025 | 37 | $122.9M | DFAC, VGSH, DFIC, DUHP, DFIP |
| Q1 2025 | 33 | $96.9M | DFAC, VGSH, DFIC, DFAT, DFIP |
| Q4 2024 | 33 | $81.9M | DFAC, DFAT, VGSH, DFIC, VTI |