Sincerus Advisory, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 8, 2026), Sincerus Advisory, LLC reported 74 stock positions worth $124.4 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 16.8% of the portfolio, followed by iShares MSCI Eafe ETF (EFA, 7.7%) and iShares Russell Mid-Cap ETF (IWR, 5.9%). Compared with Q3 2025, it opened 4 new positions, added to 47 and reduced 20. The biggest buy was iShares National Muni Bond E (MUB, shares +31%) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0002050968
- Portfolio Value
- $124.4M (Q4 2025)
- SEC Filing
- 0002050968-26-000001 ↗ filed Jan 8, 2026
Holdings Value
Holdings 74 stocks · $124.4M
| SPY SS SPDR S&P 500 ETF Trust-US | 16.79% | 30,626 | $20.9M | Add +0.4% |
| EFA iShares MSCI Eafe ETF | 7.66% | 99,213 | $9.5M | Add +5.7% |
| IWR iShares Russell Mid-Cap ETF | 5.94% | 76,810 | $7.4M | Add +7.0% |
| MUB iShares National Muni Bond E | 3.67% | 42,650 | $4.6M | Add +31.3% |
| VIG Vanguard Dividend Apprec ETF | 3.65% | 20,668 | $4.5M | Add +6.6% |
| VEA Vanguard Ftse Developed ETF | 3.33% | 66,239 | $4.1M | Add +1.9% |
| IWM iShares Russell 2000 ETF | 3.32% | 16,779 | $4.1M | Add +0.6% |
| AGG iShares Core U.S. Aggregate | 3.09% | 38,439 | $3.8M | Add +7.0% |
| ESGD iShares Trust iShares ESG Aw | 2.58% | 33,782 | $3.2M | Add +3.3% |
| VTEB Vanguard Tax-Exempt Bond ETF | 2.38% | 58,778 | $3.0M | Reduce -7.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.29% | 9,802 | $2.8M | Add +0.7% |
| GLD SPDR Gold Shares | 2.26% | 7,097 | $2.8M | Reduce -1.3% |
| RSP Invesco S&P 500 Equal Weight | 2.14% | 13,923 | $2.7M | Add +6.9% |
| HELO JPMorgan Hedged Equity ETF | 1.98% | 37,150 | $2.5M | Add +15.5% |
| EMB iShares JP Morgan Usd Emergi | 1.87% | 24,221 | $2.3M | Add +11.2% |
| SCZ iShares MSCI Eafe Small-Cap | 1.85% | 29,614 | $2.3M | Add +6.9% |
| EEM iShares MSCI Emerging Market | 1.77% | 40,193 | $2.2M | Add +1.4% |
| VCIT Vanguard Int-Term Corporate | 1.65% | 24,561 | $2.1M | Add +0.5% |
| VSS Vanguard Ftse All Wo X-US SC | 1.63% | 14,132 | $2.0M | Add +2.4% |
| DOCN Digitalocean Holdings Inc. | 1.59% | 41,136 | $2.0M | Reduce -24.0% |
| JNK SS SPDR BB High Yield Bond | 1.54% | 19,664 | $1.9M | Add +12.1% |
| NULV Nuveen ESG Large-Cap Val ETF | 1.31% | 36,139 | $1.6M | Add +1.1% |
| DFAU Dimensional US Core Equity M | 1.29% | 34,233 | $1.6M | Add +0.2% |
| AAPL Apple Inc. | 1.18% | 5,398 | $1.5M | No change |
| REZ Ishars Res and Multi Reales | 1.16% | 17,496 | $1.4M | Add +16.5% |
| IWF iShares Russell 1000 Growth | 1.15% | 3,012 | $1.4M | Add +16.5% |
| IGF iShares Global Infrastructur | 1.12% | 22,671 | $1.4M | Add +33.0% |
| VNQI Vanguard GLBL Ex-US Real Est | 1.05% | 28,481 | $1.3M | Add +27.1% |
| BND Vanguard Total Bond Market | 1.04% | 17,464 | $1.3M | Add +1.9% |
| JUST Goldman Sachs Just US LRG | 1.00% | 12,856 | $1.2M | Reduce -0.1% |
| DEM Wisdomtree Emerging Markets | 0.99% | 26,362 | $1.2M | Reduce -3.1% |
| VNQ Vanguard Real Estate ETF | 0.97% | 13,682 | $1.2M | Reduce -1.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.97% | 1,956 | $1.2M | Add +0.3% |
| IVV iShares Core S&P 500 ETF | 0.85% | 1,552 | $1.1M | Reduce -0.6% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.79% | 8,956 | $987K | Reduce -1.0% |
| SGOV iShares 0-3 Month Treasury B | 0.76% | 9,410 | $945K | Reduce -12.2% |
| META Meta Platforms Inc. Class A | 0.74% | 1,396 | $922K | Add +2.7% |
| NVDA Nvidia Corp. | 0.55% | 3,675 | $685K | Reduce -1.2% |
| DFUS Dimensional US Eq MKT ETF | 0.54% | 9,138 | $678K | Add +1.5% |
| PFF iShares Preferred & Income S | 0.53% | 21,144 | $655K | Reduce -1.2% |
| DFAS Dimensional US Small Cap ETF | 0.47% | 8,356 | $582K | Add +1.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.45% | 1,672 | $561K | Add +0.1% |
| GOOG Alphabet Inc. Class C | 0.44% | 1,740 | $546K | Reduce -3.4% |
| GII State Street SPDR S&P Global | 0.42% | 7,537 | $526K | Add +2.9% |
| BRZE Braze Inc. Class A | 0.41% | 14,766 | $506K | Reduce -11.9% |
| JEPI JPMorgan Equity Premium Inco | 0.40% | 8,627 | $494K | Add +0.3% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.35% | 8,526 | $434K | Add +0.9% |
| IAU iShares Gold Trust | 0.34% | 5,184 | $421K | No change |
| AMZN Amazon.com Inc. | 0.32% | 1,749 | $404K | Add +4.2% |
| ITOT iShares Core S&P Total U.S. | 0.32% | 2,698 | $401K | Add +0.1% |
| MSFT Microsoft Corp. | 0.32% | 826 | $400K | Add +4.0% |
| GOOGL Alphabet Inc. Class A | 0.31% | 1,231 | $385K | Add +0.5% |
| DFAE Dimensional Emerging Core Eq | 0.31% | 11,736 | $382K | Reduce -0.1% |
| NACP Impact Shares Naacp Minority | 0.30% | 7,613 | $375K | Reduce -0.2% |
| DTEC Alps Disruptive Technologies | 0.28% | 7,213 | $350K | Add +0.1% |
| VOO Vanguard S&P 500 ETF | 0.27% | 531 | $333K | Add +0.6% |
| VTWO Vanguard Russell 2000 ETF | 0.25% | 3,150 | $314K | Reduce -2.8% |
| RWO State Street SPDR Dow Jones | 0.22% | 6,026 | $271K | Add +33.9% |
| VSGX Vanguard ESG Intl Stock ETF | 0.22% | 3,772 | $270K | Reduce -5.8% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.21% | 3,960 | $267K | Add +5.5% |
| SIVR Abrdn Physical Silver Shares | 0.21% | 3,790 | $256K | New |
| XLV SS Health Care Select Sector | 0.21% | 1,654 | $256K | New |
| HYMB SS SPDR N Ice HY Muni ETF | 0.20% | 9,907 | $247K | Reduce -5.8% |
| VWO Vanguard Ftse Emerging Marke | 0.20% | 4,577 | $246K | Add +4.0% |
| AVGO Broadcom Inc. | 0.19% | 670 | $232K | Reduce -0.3% |
| DASH DoorDash Inc. Class A | 0.19% | 1,021 | $231K | Reduce -0.1% |
| BNL Broadstone Net Lease Inc. | 0.18% | 12,983 | $226K | Add +1.6% |
| FEZ State Street SPDR Euro Stoxx | 0.18% | 3,416 | $220K | Add +0.7% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.17% | 2,684 | $216K | Add +3.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.17% | 2,364 | $211K | Add +0.5% |
| JMUB JPMorgan Municipal ETF | 0.17% | 4,142 | $209K | New |
| SHE SS SPDR MSCI U Gend Div ETF | 0.17% | 1,574 | $208K | Add +0.2% |
| QAI Nylim HDG MLT-STR TRC ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 0.16% | 6,043 | $203K | No change |
| LDI Loandepot Inc. Class A | 0.03% | 16,129 | $33K | New |
Portfolio Sells Q3 2025 → Q4 2025
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -7.4% | 2.38% | −0.34 |
| SGOV iShares 0-3 Month Treasury B | Reduce -12.2% | 0.76% | −0.16 |
| VNQ Vanguard Real Estate ETF | Reduce -1.5% | 0.97% | −0.11 |
| DEM Wisdomtree Emerging Markets | Reduce -3.1% | 0.99% | −0.08 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -1.0% | 0.79% | −0.07 |
| PFF iShares Preferred & Income S | Reduce -1.2% | 0.53% | −0.05 |
| DASH DoorDash Inc. Class A | Reduce -0.1% | 0.19% | −0.05 |
| NVDA Nvidia Corp. | Reduce -1.2% | 0.55% | −0.04 |
| IVV iShares Core S&P 500 ETF | Reduce -0.6% | 0.85% | −0.04 |
| JUST Goldman Sachs Just US LRG | Reduce -0.1% | 1.00% | −0.03 |
| HYMB SS SPDR N Ice HY Muni ETF | Reduce -5.8% | 0.20% | −0.03 |
| VSGX Vanguard ESG Intl Stock ETF | Reduce -5.8% | 0.22% | −0.02 |
| VTWO Vanguard Russell 2000 ETF | Reduce -2.8% | 0.25% | −0.02 |
| DFAE Dimensional Emerging Core Eq | Reduce -0.1% | 0.31% | −0.01 |
| NACP Impact Shares Naacp Minority | Reduce -0.2% | 0.30% | −0.01 |
| AVGO Broadcom Inc. | Reduce -0.3% | 0.19% | −0.00 |
| BRZE Braze Inc. Class A | Reduce -11.9% | 0.41% | −0.00 |
| DOCN Digitalocean Holdings Inc. | Reduce -24.0% | 1.59% | +0.01 |
| GOOG Alphabet Inc. Class C | Reduce -3.4% | 0.44% | +0.06 |
| GLD SPDR Gold Shares | Reduce -1.3% | 2.26% | +0.07 |
Portfolio Buys Q3 2025 → Q4 2025
| MUB iShares National Muni Bond E | Add +31.3% | 3.67% | +0.71 |
| IGF iShares Global Infrastructur | Add +33.0% | 1.12% | +0.23 |
| SIVR Abrdn Physical Silver Shares | New | 0.21% | +0.21 |
| XLV SS Health Care Select Sector | New | 0.21% | +0.21 |
| HELO JPMorgan Hedged Equity ETF | Add +15.5% | 1.98% | +0.19 |
| JMUB JPMorgan Municipal ETF | New | 0.17% | +0.17 |
| EFA iShares MSCI Eafe ETF | Add +5.7% | 7.66% | +0.16 |
| VNQI Vanguard GLBL Ex-US Real Est | Add +27.1% | 1.05% | +0.13 |
| IWF iShares Russell 1000 Growth | Add +16.5% | 1.15% | +0.11 |
| EMB iShares JP Morgan Usd Emergi | Add +11.2% | 1.87% | +0.10 |
| REZ Ishars Res and Multi Reales | Add +16.5% | 1.16% | +0.07 |
| VIG Vanguard Dividend Apprec ETF | Add +6.6% | 3.65% | +0.07 |
| JNK SS SPDR BB High Yield Bond | Add +12.1% | 1.54% | +0.06 |
| GOOGL Alphabet Inc. Class A | Add +0.5% | 0.31% | +0.05 |
| RWO State Street SPDR Dow Jones | Add +33.9% | 0.22% | +0.04 |
| RSP Invesco S&P 500 Equal Weight | Add +6.9% | 2.14% | +0.03 |
| LDI Loandepot Inc. Class A | New | 0.03% | +0.03 |
| SCZ iShares MSCI Eafe Small-Cap | Add +6.9% | 1.85% | +0.03 |
| IWR iShares Russell Mid-Cap ETF | Add +7.0% | 5.94% | +0.01 |
| AMZN Amazon.com Inc. | Add +4.2% | 0.32% | +0.01 |
| AGG iShares Core U.S. Aggregate | Add +7.0% | 3.09% | +0.00 |
| VWOB Vanguard Emerg MKTS Gov BND | Add +5.5% | 0.21% | −0.00 |
| FEZ State Street SPDR Euro Stoxx | Add +0.7% | 0.18% | −0.00 |
| SHE SS SPDR MSCI U Gend Div ETF | Add +0.2% | 0.17% | −0.00 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +3.9% | 0.17% | −0.01 |
| IEFA iShares Core MSCI Eafe ETF | Add +0.5% | 0.17% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +4.0% | 0.20% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Add +1.9% | 3.33% | −0.01 |
| VOO Vanguard S&P 500 ETF | Add +0.6% | 0.27% | −0.01 |
| DFUS Dimensional US Eq MKT ETF | Add +1.5% | 0.54% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Add +0.1% | 0.32% | −0.01 |
| GII State Street SPDR S&P Global | Add +2.9% | 0.42% | −0.01 |
| BNL Broadstone Net Lease Inc. | Add +1.6% | 0.18% | −0.01 |
| DFAS Dimensional US Small Cap ETF | Add +1.5% | 0.47% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.1% | 0.45% | −0.02 |
| JMST JPM Ultra-Short Muni Income | Add +0.9% | 0.35% | −0.02 |
| ESGD iShares Trust iShares ESG Aw | Add +3.3% | 2.58% | −0.02 |
| JEPI JPMorgan Equity Premium Inco | Add +0.3% | 0.40% | −0.02 |
| MSFT Microsoft Corp. | Add +4.0% | 0.32% | −0.03 |
| NULV Nuveen ESG Large-Cap Val ETF | Add +1.1% | 1.31% | −0.03 |
| DTEC Alps Disruptive Technologies | Add +0.1% | 0.28% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.3% | 0.97% | −0.04 |
| EEM iShares MSCI Emerging Market | Add +1.4% | 1.77% | −0.05 |
| DFAU Dimensional US Core Equity M | Add +0.2% | 1.29% | −0.05 |
| BND Vanguard Total Bond Market | Add +1.9% | 1.04% | −0.05 |
| VSS Vanguard Ftse All Wo X-US SC | Add +2.4% | 1.63% | −0.06 |
| VCIT Vanguard Int-Term Corporate | Add +0.5% | 1.65% | −0.11 |
| META Meta Platforms Inc. Class A | Add +2.7% | 0.74% | −0.11 |
| IWM iShares Russell 2000 ETF | Add +0.6% | 3.32% | −0.14 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.7% | 2.29% | −0.16 |
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 |