Sincerus Advisory, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 8, 2025), Sincerus Advisory, LLC reported 70 stock positions worth $116.8 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 17.4% of the portfolio, followed by iShares MSCI Eafe ETF (EFA, 7.5%) and iShares Russell Mid-Cap ETF (IWR, 5.9%). Compared with Q2 2025, it opened 4 new positions, added to 45 and reduced 18. The biggest buy was iShares MSCI Eafe ETF (EFA, shares +10%) and the biggest sale Meta Platforms Class A (META, shares −29%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0002050968
- Portfolio Value
- $116.8M (Q3 2025)
- SEC Filing
- 0002050968-25-000002 ↗ filed Oct 8, 2025
Holdings Value
Holdings 70 stocks · $116.8M
| SPY SS SPDR S&P 500 ETF Trust-US | 17.40% | 30,503 | $20.3M | Add +1.3% |
| EFA iShares MSCI Eafe ETF | 7.50% | 93,832 | $8.8M | Add +10.3% |
| IWR iShares Russell Mid-Cap ETF | 5.93% | 71,754 | $6.9M | Add +6.7% |
| VIG Vanguard Dividend Apprec ETF | 3.58% | 19,388 | $4.2M | Add +4.7% |
| IWM iShares Russell 2000 ETF | 3.46% | 16,677 | $4.0M | Add +8.9% |
| VEA Vanguard Ftse Developed ETF | 3.33% | 64,973 | $3.9M | Add +0.8% |
| AGG iShares Core U.S. Aggregate | 3.08% | 35,906 | $3.6M | Add +12.9% |
| MUB iShares National Muni Bond E | 2.96% | 32,479 | $3.5M | Add +12.3% |
| VTEB Vanguard Tax-Exempt Bond ETF | 2.72% | 63,445 | $3.2M | Add +5.9% |
| ESGD iShares Trust iShares ESG Aw | 2.60% | 32,691 | $3.0M | Add +0.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.45% | 9,737 | $2.9M | Add +1.0% |
| GLD SPDR Gold Shares | 2.19% | 7,187 | $2.6M | Add +5.2% |
| RSP Invesco S&P 500 Equal Weight | 2.12% | 13,020 | $2.5M | Add +9.9% |
| SCZ iShares MSCI Eafe Small-Cap | 1.82% | 27,694 | $2.1M | Add +8.5% |
| EEM iShares MSCI Emerging Market | 1.81% | 39,647 | $2.1M | Add +7.1% |
| HELO JPMorgan Hedged Equity ETF | 1.79% | 32,167 | $2.1M | Add +16.3% |
| EMB iShares JP Morgan Usd Emergi | 1.78% | 21,790 | $2.1M | Add +17.5% |
| VCIT Vanguard Int-Term Corporate | 1.76% | 24,440 | $2.1M | Reduce -0.2% |
| VSS Vanguard Ftse All Wo X-US SC | 1.68% | 13,799 | $2.0M | Add +1.4% |
| DOCN Digitalocean Holdings Inc. | 1.58% | 54,136 | $1.8M | No change |
| JNK SS SPDR BB High Yield Bond | 1.47% | 17,548 | $1.7M | Add +14.5% |
| NULV Nuveen ESG Large-Cap Val ETF | 1.34% | 35,727 | $1.6M | Reduce -0.4% |
| DFAU Dimensional US Core Equity M | 1.34% | 34,180 | $1.6M | Reduce -1.0% |
| AAPL Apple Inc. | 1.18% | 5,398 | $1.4M | Add +1.5% |
| REZ Ishars Res and Multi Reales | 1.09% | 15,023 | $1.3M | Add +7.4% |
| BND Vanguard Total Bond Market | 1.09% | 17,147 | $1.3M | Add +0.9% |
| VNQ Vanguard Real Estate ETF | 1.09% | 13,886 | $1.3M | Add +1.8% |
| DEM Wisdomtree Emerging Markets | 1.07% | 27,196 | $1.3M | Add +0.6% |
| IWF iShares Russell 1000 Growth | 1.04% | 2,585 | $1.2M | Add +11.3% |
| JUST Goldman Sachs Just US LRG | 1.03% | 12,866 | $1.2M | Add +0.3% |
| QQQ Invesco QQQ Trust Series 1 | 1.00% | 1,951 | $1.2M | Add +0.1% |
| SGOV iShares 0-3 Month Treasury B | 0.92% | 10,714 | $1.1M | Add +44.2% |
| VNQI Vanguard GLBL Ex-US Real Est | 0.92% | 22,403 | $1.1M | Add +40.6% |
| IVV iShares Core S&P 500 ETF | 0.90% | 1,562 | $1.0M | Reduce -0.2% |
| IGF iShares Global Infrastructur | 0.89% | 17,039 | $1.0M | Add +32.6% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.86% | 9,045 | $1.0M | Add +1.5% |
| META Meta Platforms Inc. Class A | 0.85% | 1,359 | $998K | Reduce -29.0% |
| NVDA Nvidia Corp. | 0.59% | 3,721 | $694K | Reduce -1.8% |
| PFF iShares Preferred & Income S | 0.58% | 21,401 | $677K | Add +0.1% |
| DFUS Dimensional US Eq MKT ETF | 0.56% | 9,001 | $652K | Add +0.5% |
| DFAS Dimensional US Small Cap ETF | 0.48% | 8,234 | $564K | Reduce -1.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.47% | 1,671 | $549K | Reduce -0.1% |
| GII State Street SPDR S&P Global | 0.44% | 7,328 | $510K | Add +0.7% |
| JEPI JPMorgan Equity Premium Inco | 0.42% | 8,604 | $491K | Add +0.2% |
| BRZE Braze Inc. Class A | 0.41% | 16,766 | $477K | No change |
| GOOG Alphabet Inc. Class C | 0.38% | 1,801 | $439K | Reduce -2.0% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.37% | 8,453 | $431K | Reduce -0.4% |
| MSFT Microsoft Corp. | 0.35% | 794 | $411K | Add +3.8% |
| ITOT iShares Core S&P Total U.S. | 0.34% | 2,696 | $393K | Add +0.1% |
| IAU iShares Gold Trust | 0.32% | 5,184 | $377K | Add +2.8% |
| DFAE Dimensional Emerging Core Eq | 0.32% | 11,745 | $370K | Add +1.6% |
| AMZN Amazon.com Inc. | 0.32% | 1,678 | $368K | Add +7.2% |
| DTEC Alps Disruptive Technologies | 0.32% | 7,202 | $368K | No change |
| NACP Impact Shares Naacp Minority | 0.31% | 7,626 | $364K | Add +0.2% |
| VOO Vanguard S&P 500 ETF | 0.28% | 528 | $323K | Reduce -14.8% |
| VTWO Vanguard Russell 2000 ETF | 0.27% | 3,239 | $317K | Add +1.0% |
| GOOGL Alphabet Inc. Class A | 0.26% | 1,225 | $298K | Add +11.7% |
| DASH DoorDash Inc. Class A | 0.24% | 1,022 | $278K | Reduce -19.2% |
| VSGX Vanguard ESG Intl Stock ETF | 0.24% | 4,005 | $278K | Add +1.4% |
| HYMB SS SPDR N Ice HY Muni ETF | 0.22% | 10,514 | $262K | Reduce -10.3% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.22% | 3,753 | $251K | Reduce -7.6% |
| VWO Vanguard Ftse Emerging Marke | 0.20% | 4,402 | $239K | Reduce -3.5% |
| BNL Broadstone Net Lease Inc. | 0.20% | 12,782 | $228K | Reduce -7.4% |
| AVGO Broadcom Inc. | 0.19% | 672 | $222K | New |
| FEZ State Street SPDR Euro Stoxx | 0.18% | 3,391 | $211K | Add +0.1% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.18% | 2,583 | $210K | Reduce -4.3% |
| RWO State Street SPDR Dow Jones | 0.18% | 4,501 | $206K | New |
| IEFA iShares Core MSCI Eafe ETF | 0.18% | 2,353 | $205K | New |
| QAI Nylim HDG MLT-STR TRC ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 0.17% | 6,043 | $203K | New |
| SHE SS SPDR MSCI U Gend Div ETF | 0.17% | 1,571 | $200K | Reduce -1.0% |
Portfolio Sells Q2 2025 → Q3 2025
| META Meta Platforms Inc. Class A | Reduce -29.0% | 0.85% | −0.43 |
| VCIT Vanguard Int-Term Corporate | Reduce -0.2% | 1.76% | −0.14 |
| NULV Nuveen ESG Large-Cap Val ETF | Reduce -0.4% | 1.34% | −0.10 |
| DFAU Dimensional US Core Equity M | Reduce -1.0% | 1.34% | −0.08 |
| VOO Vanguard S&P 500 ETF | Reduce -14.8% | 0.28% | −0.06 |
| DASH DoorDash Inc. Class A | Reduce -19.2% | 0.24% | −0.06 |
| IVV iShares Core S&P 500 ETF | Reduce -0.2% | 0.90% | −0.05 |
| HYMB SS SPDR N Ice HY Muni ETF | Reduce -10.3% | 0.22% | −0.04 |
| JMST JPM Ultra-Short Muni Income | Reduce -0.4% | 0.37% | −0.04 |
| VWOB Vanguard Emerg MKTS Gov BND | Reduce -7.6% | 0.22% | −0.03 |
| DFAS Dimensional US Small Cap ETF | Reduce -1.3% | 0.48% | −0.03 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -4.3% | 0.18% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.1% | 0.47% | −0.02 |
| NVDA Nvidia Corp. | Reduce -1.8% | 0.59% | −0.02 |
| SHE SS SPDR MSCI U Gend Div ETF | Reduce -1.0% | 0.17% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Reduce -3.5% | 0.20% | −0.01 |
| BNL Broadstone Net Lease Inc. | Reduce -7.4% | 0.20% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -2.0% | 0.38% | +0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| EFA iShares MSCI Eafe ETF | Add +10.3% | 7.50% | +0.25 |
| IWM iShares Russell 2000 ETF | Add +8.9% | 3.46% | +0.23 |
| VNQI Vanguard GLBL Ex-US Real Est | Add +40.6% | 0.92% | +0.22 |
| SGOV iShares 0-3 Month Treasury B | Add +44.2% | 0.92% | +0.22 |
| GLD SPDR Gold Shares | Add +5.2% | 2.19% | +0.21 |
| AVGO Broadcom Inc. | New | 0.19% | +0.19 |
| RWO State Street SPDR Dow Jones | New | 0.18% | +0.18 |
| IEFA iShares Core MSCI Eafe ETF | New | 0.18% | +0.18 |
| IGF iShares Global Infrastructur | Add +32.6% | 0.89% | +0.18 |
| QAI Nylim HDG MLT-STR TRC ETF-Ui | New | 0.17% | +0.17 |
| EMB iShares JP Morgan Usd Emergi | Add +17.5% | 1.78% | +0.16 |
| MUB iShares National Muni Bond E | Add +12.3% | 2.96% | +0.15 |
| HELO JPMorgan Hedged Equity ETF | Add +16.3% | 1.79% | +0.14 |
| AGG iShares Core U.S. Aggregate | Add +12.9% | 3.08% | +0.14 |
| AAPL Apple Inc. | Add +1.5% | 1.18% | +0.11 |
| EEM iShares MSCI Emerging Market | Add +7.1% | 1.81% | +0.09 |
| IWF iShares Russell 1000 Growth | Add +11.3% | 1.04% | +0.08 |
| JNK SS SPDR BB High Yield Bond | Add +14.5% | 1.47% | +0.07 |
| GOOGL Alphabet Inc. Class A | Add +11.7% | 0.26% | +0.06 |
| SCZ iShares MSCI Eafe Small-Cap | Add +8.5% | 1.82% | +0.03 |
| RSP Invesco S&P 500 Equal Weight | Add +9.9% | 2.12% | +0.03 |
| IAU iShares Gold Trust | Add +2.8% | 0.32% | +0.03 |
| VTWO Vanguard Russell 2000 ETF | Add +1.0% | 0.27% | −0.00 |
| REZ Ishars Res and Multi Reales | Add +7.4% | 1.09% | −0.01 |
| DFAE Dimensional Emerging Core Eq | Add +1.6% | 0.32% | −0.01 |
| NACP Impact Shares Naacp Minority | Add +0.2% | 0.31% | −0.01 |
| VSGX Vanguard ESG Intl Stock ETF | Add +1.4% | 0.24% | −0.01 |
| FEZ State Street SPDR Euro Stoxx | Add +0.1% | 0.18% | −0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +5.9% | 2.72% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Add +0.1% | 0.34% | −0.02 |
| MSFT Microsoft Corp. | Add +3.8% | 0.35% | −0.02 |
| DFUS Dimensional US Eq MKT ETF | Add +0.5% | 0.56% | −0.02 |
| GII State Street SPDR S&P Global | Add +0.7% | 0.44% | −0.02 |
| AMZN Amazon.com Inc. | Add +7.2% | 0.32% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.1% | 1.00% | −0.03 |
| JEPI JPMorgan Equity Premium Inco | Add +0.2% | 0.42% | −0.04 |
| PFF iShares Preferred & Income S | Add +0.1% | 0.58% | −0.05 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +1.5% | 0.86% | −0.05 |
| VIG Vanguard Dividend Apprec ETF | Add +4.7% | 3.58% | −0.06 |
| JUST Goldman Sachs Just US LRG | Add +0.3% | 1.03% | −0.06 |
| VSS Vanguard Ftse All Wo X-US SC | Add +1.4% | 1.68% | −0.07 |
| BND Vanguard Total Bond Market | Add +0.9% | 1.09% | −0.08 |
| VNQ Vanguard Real Estate ETF | Add +1.8% | 1.09% | −0.09 |
| IWR iShares Russell Mid-Cap ETF | Add +6.7% | 5.93% | −0.09 |
| DEM Wisdomtree Emerging Markets | Add +0.6% | 1.07% | −0.10 |
| ESGD iShares Trust iShares ESG Aw | Add +0.8% | 2.60% | −0.15 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +1.0% | 2.45% | −0.17 |
| VEA Vanguard Ftse Developed ETF | Add +0.8% | 3.33% | −0.18 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.3% | 17.40% | −0.63 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 81 | $147.3M | SPY, EFA, IWR, MUB, AGG |
| Q1 2026 | 76 | $131.9M | SPY, EFA, IWR, MUB, AGG |
| Q4 2025 | 74 | $124.4M | SPY, EFA, IWR, MUB, VIG |
| Q3 2025 | 70 | $116.8M | SPY, EFA, IWR, VIG, IWM |
| Q2 2025 | 66 | $106.4M | SPY, EFA, IWR, VIG, VEA |
| Q1 2025 | 63 | $94.8M | SPY, EFA, IWR, MUB, VIG |
| Q4 2024 | 63 | $93.2M | SPY, EFA, IWR, VIG, IWM |