SCS Capital Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed August 13, 2024), SCS Capital Management LLC reported 71 stock positions worth $4.7 billion. Its top holding was iShares Russell 3000 ETF (IWV) at 13.2% of the portfolio, followed by Vanguard Intermediate-Term T (VGIT, 12.2%) and VG Morningstar TS MKT ETF-US (VTI, 11.8%). Compared with Q4 2023, it opened 6 new positions, sold out of 1, added to 16 and reduced 36. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +181%) and the biggest sale iShares Core U.S. Aggregate (AGG, shares −92%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001303159
- Portfolio Value
- $4.7B (Q1 2024)
- SEC Filing
- 0001303159-24-000003 ↗ filed Aug 13, 2024
Holdings Value
Holdings 71 stocks · $4.7B
| IWV iShares Russell 3000 ETF | 13.22% | 2,070,670 | $621.4M | Reduce -1.6% |
| VGIT Vanguard Intermediate-Term T | 12.18% | 9,778,367 | $572.5M | Add +2.5% |
| VTI VG Morningstar TS MKT ETF-US | 11.80% | 2,134,573 | $554.8M | Reduce -0.2% |
| VEA Vanguard Ftse Developed ETF | 7.71% | 7,228,085 | $362.6M | Reduce -0.2% |
| SCHB Schwab US Broad Market ETF | 5.22% | 4,017,209 | $245.3M | Reduce -0.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 5.10% | 1,473,108 | $239.9M | Reduce -2.9% |
| SCHF Schwab Intl Equity ETF | 4.94% | 5,947,755 | $232.1M | Reduce -1.5% |
| VGSH Vanguard Short-Term Treasury | 4.87% | 3,941,333 | $228.9M | Add +2.2% |
| VWO Vanguard Ftse Emerging Marke | 3.26% | 3,671,810 | $153.4M | Add +2.7% |
| VTEB Vanguard Tax-Exempt Bond ETF | 2.96% | 2,748,544 | $139.1M | Reduce -2.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.81% | 251,648 | $132.0M | Add +180.6% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 2.10% | 3,528,743 | $98.6M | Reduce -0.4% |
| QUAL iShares MSCI USA Quality Fac | 1.83% | 522,431 | $85.9M | Add +669.2% |
| MSFT Microsoft Corp. | 1.73% | 193,383 | $81.4M | Reduce -0.5% |
| VGLT Vanguard Long-Term Treasury | 1.67% | 1,324,864 | $78.5M | Add +5.5% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.48% | 951,283 | $69.6M | Reduce -5.0% |
| SCHO Schwab Short-Term US Treas | 1.43% | 1,394,137 | $67.2M | Reduce -5.1% |
| AMZN Amazon.com Inc. | 1.31% | 342,233 | $61.7M | Reduce -0.8% |
| GOOGL Alphabet Inc. Class A | 1.29% | 402,614 | $60.8M | Reduce -0.5% |
| VDE Vanguard Energy ETF | 1.09% | 389,061 | $51.2M | Reduce -4.0% |
| IVW iShares S&P 500 Growth ETF | 0.99% | 551,503 | $46.6M | Reduce -30.0% |
| VT Vanguard Tot World STK ETF | 0.85% | 362,602 | $40.1M | Add +8.1% |
| VNQ Vanguard Real Estate ETF | 0.77% | 420,131 | $36.3M | Reduce -3.8% |
| EFA iShares MSCI Eafe ETF | 0.76% | 449,274 | $35.9M | Reduce -0.7% |
| STIP iShares 0-5 Year Tips Bond E | 0.73% | 345,926 | $34.4M | Reduce -5.4% |
| XME SS SPDR S&P Metals Mining | 0.54% | 424,034 | $25.6M | Reduce -4.2% |
| EFV iShares MSCI Eafe Value ETF | 0.49% | 421,486 | $22.9M | Reduce -8.6% |
| ESGV Vanguard ESG US Stock ETF | 0.48% | 244,607 | $22.8M | Reduce -3.6% |
| MCHI iShares MSCI China ETF | 0.47% | 551,597 | $21.9M | Add +56.5% |
| DBC Invesco DB Commodity Index T | 0.46% | 950,230 | $21.8M | Reduce -4.4% |
| VSGX Vanguard ESG Intl Stock ETF | 0.43% | 349,776 | $20.1M | Reduce -2.5% |
| TOST Toast Inc. Class A | 0.42% | 791,544 | $19.7M | No change |
| META Meta Platforms Inc. Class A | 0.42% | 40,257 | $19.5M | Reduce -13.4% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.38% | 705,520 | $17.8M | Reduce -1.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.31% | 198,032 | $14.7M | Reduce -5.3% |
| GLD SPDR Gold Shares | 0.30% | 68,680 | $14.1M | Add +0.0% |
| OBDC Blue Owl Capital Corp. | 0.29% | 876,645 | $13.8M | Reduce -0.5% |
| VGT Vanguard Info Tech ETF | 0.28% | 25,417 | $13.3M | No change |
| EEM iShares MSCI Emerging Market | 0.23% | 265,661 | $10.9M | Reduce -0.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.20% | 28,005 | $9.6M | Add +0.7% |
| GOVT iShares US Treasury Bond ETF | 0.19% | 394,345 | $9.0M | Add +8.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.15% | 117,559 | $6.9M | Reduce -1.0% |
| ITOT iShares Core S&P Total U.S. | 0.13% | 54,683 | $6.3M | Reduce -38.9% |
| OEF iShares S&P 100 ETF | 0.13% | 24,702 | $6.1M | Add +0.2% |
| IYR iShares US Real Estate ETF | 0.12% | 62,695 | $5.6M | Reduce -28.1% |
| IVE iShares S&P 500 Value ETF | 0.12% | 29,014 | $5.4M | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.11% | 38,827 | $5.3M | Add +61.8% |
| AAPL Apple Inc. | 0.11% | 30,215 | $5.2M | Add +0.0% |
| TSLA Tesla Inc. | 0.09% | 23,681 | $4.2M | No change |
| IVLU iShares MSCI International V | 0.08% | 139,622 | $3.9M | Reduce -48.4% |
| GOOG Alphabet Inc. Class C | 0.08% | 25,800 | $3.9M | No change |
| IWN iShares Russell 2000 Value E | 0.08% | 23,791 | $3.8M | No change |
| AGG iShares Core U.S. Aggregate | 0.08% | 38,155 | $3.7M | Reduce -91.9% |
| VOOV Vanguard S&P 500 Value ETF | 0.08% | 20,417 | $3.7M | No change |
| IEMG iShares Core MSCI Emerging | 0.07% | 65,876 | $3.4M | Reduce -2.6% |
| AMLP Alerian MLP ETF | 0.07% | 64,515 | $3.1M | No change |
| IBTF iShares Ibonds Dec 2025 Term | 0.05% | 103,463 | $2.4M | New |
| IBTG iShares Ibonds Dec 2026 Term | 0.05% | 105,378 | $2.4M | New |
| IBTH iShares Ibonds Dec 2027 Term | 0.05% | 107,747 | $2.4M | New |
| IBTJ iShares Ibonds Dec 2029 Term | 0.05% | 110,929 | $2.4M | New |
| IBTI iShares Ibonds Dec 2028 Term | 0.05% | 108,620 | $2.4M | New |
| SPYV SS SPDR P S&P 500 Value ETF | 0.05% | 47,279 | $2.4M | No change |
| IEI iShares 3-7 Year Treasury Bo | 0.04% | 17,317 | $2.0M | Reduce -44.1% |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.04% | 22,655 | $2.0M | Reduce -0.2% |
| IWM iShares Russell 2000 ETF | 0.03% | 6,213 | $1.3M | Add +2.1% |
| EFG iShares MSCI Eafe Growth ETF | 0.02% | 10,632 | $1.1M | Add +8.1% |
| VOO Vanguard S&P 500 ETF | 0.02% | 1,612 | $775K | No change |
| ACWI iShares MSCI Acwi ETF | 0.01% | 4,638 | $511K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.01% | 860 | $382K | No change |
| UA Under Armour Inc. Class C | 0.01% | 49,784 | $355K | No change |
| IJH iShares Core S&P Midcap ETF | 0.00% | 3,300 | $200K | New |
Portfolio Sells Q4 2023 → Q1 2024
| AGG iShares Core U.S. Aggregate | Reduce -91.9% | 0.08% | −0.99 |
| IVW iShares S&P 500 Growth ETF | Reduce -30.0% | 0.99% | −0.36 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -2.3% | 2.96% | −0.32 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -0.4% | 2.10% | −0.25 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.2% | 7.71% | −0.21 |
| SCHO Schwab Short-Term US Treas | Reduce -5.1% | 1.43% | −0.20 |
| SCHF Schwab Intl Equity ETF | Reduce -1.5% | 4.94% | −0.16 |
| VNQ Vanguard Real Estate ETF | Reduce -3.8% | 0.77% | −0.11 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -5.4% | 0.73% | −0.09 |
| ITOT iShares Core S&P Total U.S. | Reduce -38.9% | 0.13% | −0.08 |
| IVLU iShares MSCI International V | Reduce -48.4% | 0.08% | −0.08 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -2.9% | 5.10% | −0.08 |
| IYR iShares US Real Estate ETF | Reduce -28.1% | 0.12% | −0.06 |
| XME SS SPDR S&P Metals Mining | Reduce -4.2% | 0.54% | −0.06 |
| EFV iShares MSCI Eafe Value ETF | Reduce -8.6% | 0.49% | −0.06 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -44.1% | 0.04% | −0.04 |
| DBC Invesco DB Commodity Index T | Reduce -4.4% | 0.46% | −0.04 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -1.5% | 0.38% | −0.03 |
| VSGX Vanguard ESG Intl Stock ETF | Reduce -2.5% | 0.43% | −0.03 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -5.3% | 0.31% | −0.02 |
| TLH iShares 10-20 Year Treasury | Sold out | 0.00% | −0.02 |
| EFA iShares MSCI Eafe ETF | Reduce -0.7% | 0.76% | −0.02 |
| EEM iShares MSCI Emerging Market | Reduce -0.1% | 0.23% | −0.01 |
| ESGV Vanguard ESG US Stock ETF | Reduce -3.6% | 0.48% | −0.01 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -5.0% | 1.48% | −0.01 |
| IEMG iShares Core MSCI Emerging | Reduce -2.6% | 0.07% | −0.01 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -1.0% | 0.15% | −0.01 |
| OBDC Blue Owl Capital Corp. | Reduce -0.5% | 0.29% | −0.00 |
| GOOGL Alphabet Inc. Class A | Reduce -0.5% | 1.29% | +0.00 |
| MDYG SS SPDR S&P 400 MC GR ETF | Reduce -0.2% | 0.04% | +0.00 |
| VDE Vanguard Energy ETF | Reduce -4.0% | 1.09% | +0.00 |
| META Meta Platforms Inc. Class A | Reduce -13.4% | 0.42% | +0.04 |
| IWV iShares Russell 3000 ETF | Reduce -1.6% | 13.22% | +0.05 |
| MSFT Microsoft Corp. | Reduce -0.5% | 1.73% | +0.06 |
| SCHB Schwab US Broad Market ETF | Reduce -0.4% | 5.22% | +0.09 |
| AMZN Amazon.com Inc. | Reduce -0.8% | 1.31% | +0.12 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.2% | 11.80% | +0.21 |
Portfolio Buys Q4 2023 → Q1 2024
| SPY SS SPDR S&P 500 ETF Trust-US | Add +180.6% | 2.81% | +1.83 |
| QUAL iShares MSCI USA Quality Fac | Add +669.2% | 1.83% | +1.60 |
| MCHI iShares MSCI China ETF | Add +56.5% | 0.47% | +0.14 |
| VT Vanguard Tot World STK ETF | Add +8.1% | 0.85% | +0.06 |
| TSM Taiwan Semiconductor-SP ADR | Add +61.8% | 0.11% | +0.06 |
| IBTF iShares Ibonds Dec 2025 Term | New | 0.05% | +0.05 |
| IBTG iShares Ibonds Dec 2026 Term | New | 0.05% | +0.05 |
| IBTH iShares Ibonds Dec 2027 Term | New | 0.05% | +0.05 |
| IBTJ iShares Ibonds Dec 2029 Term | New | 0.05% | +0.05 |
| IBTI iShares Ibonds Dec 2028 Term | New | 0.05% | +0.05 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.7% | 0.20% | +0.01 |
| IJH iShares Core S&P Midcap ETF | New | 0.00% | +0.00 |
| OEF iShares S&P 100 ETF | Add +0.2% | 0.13% | +0.00 |
| EFG iShares MSCI Eafe Growth ETF | Add +8.1% | 0.02% | +0.00 |
| GLD SPDR Gold Shares | Add +0.0% | 0.30% | +0.00 |
| IWM iShares Russell 2000 ETF | Add +2.1% | 0.03% | −0.00 |
| GOVT iShares US Treasury Bond ETF | Add +8.1% | 0.19% | −0.00 |
| AAPL Apple Inc. | Add +0.0% | 0.11% | −0.02 |
| VGLT Vanguard Long-Term Treasury | Add +5.5% | 1.67% | −0.09 |
| VWO Vanguard Ftse Emerging Marke | Add +2.7% | 3.26% | −0.10 |
| VGSH Vanguard Short-Term Treasury | Add +2.2% | 4.87% | −0.27 |
| VGIT Vanguard Intermediate-Term T | Add +2.5% | 12.18% | −0.75 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 483 | $10.6B | VGIT, VTI, IWV, VEA, SPY |
| Q1 2026 | 466 | $9.4B | VGIT, VTI, IWV, VEA, SPY |
| Q4 2025 | 491 | $9.4B | VGIT, VTI, IWV, VEA, SPY |
| Q3 2025 | 509 | $9.2B | VGIT, VTI, IWV, VEA, SPY |
| Q2 2025 | 547 | $9.0B | VTI, IWV, VGIT, VEA, SPY |
| Q1 2025Amended | 511 | $7.9B | VTI, VGIT, IWV, VEA, SPY |
| Q4 2024 | 69 | $4.8B | VTI, VGIT, IWV, VEA, VGSH |
| Q3 2024 | 68 | $5.0B | IWV, VGIT, VTI, VEA, SCHB |
| Q2 2024 | 67 | $4.8B | IWV, VTI, VGIT, VEA, SCHB |
| Q1 2024Amended | 71 | $4.7B | IWV, VGIT, VTI, VEA, SCHB |