Stephenson & Company, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), Stephenson & Company, Inc. reported 39 stock positions worth $153.9 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 17.5% of the portfolio, followed by Invesco S&P 500 Equal Weight (RSP, 13.9%) and iShares Core S&P 500 ETF (IVV, 12.5%). Compared with Q4 2024, it opened 4 new positions, sold out of 1, added to 17 and reduced 4. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +0%) and the biggest sale an exit from Vanguard Most SM-Cap ETF-Usd (VB).
- Most Recent 13F
- Q2 2026
- Location
- San Clemente, CA
- CIK
- 0002001544
- Portfolio Value
- $153.9M (Q1 2025)
- SEC Filing
- 0001172661-25-001602 ↗ filed May 7, 2025
Holdings Value
Holdings 39 stocks · $153.9M
| BRK.B Berkshire Hathaway Inc. Class B | 17.50% | 50,564 | $26.9M | Add +0.2% |
| RSP Invesco S&P 500 Equal Weight | 13.89% | 123,391 | $21.4M | Add +1.0% |
| IVV iShares Core S&P 500 ETF | 12.53% | 34,298 | $19.3M | Add +0.4% |
| VEA Vanguard Ftse Developed ETF | 12.49% | 378,108 | $19.2M | Add +2.5% |
| BSV Vanguard Short-Term Bond ETF | 10.15% | 199,588 | $15.6M | Add +1.2% |
| BIV Vanguard Intermediate-Term B | 6.72% | 134,979 | $10.3M | Add +0.1% |
| IJH iShares Core S&P Midcap ETF | 3.61% | 95,290 | $5.6M | Add +1.7% |
| IJR iShares Core S&P Small-Cap E | 3.58% | 52,616 | $5.5M | Add +2.6% |
| VWO Vanguard Ftse Emerging Marke | 3.21% | 109,042 | $4.9M | Add +1.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.29% | 6,303 | $3.5M | Add +0.0% |
| TIP iShares Tips Bond ETF | 2.19% | 30,377 | $3.4M | Add +0.3% |
| MUB iShares National Muni Bond E | 1.69% | 24,707 | $2.6M | Reduce -0.3% |
| JNK SS SPDR BB High Yield Bond | 1.19% | 19,154 | $1.8M | Reduce -0.3% |
| EMB iShares JP Morgan Usd Emergi | 1.05% | 17,900 | $1.6M | Add +0.3% |
| ITOT iShares Core S&P Total U.S. | 1.05% | 13,202 | $1.6M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 1.04% | 2 | $1.6M | No change |
| AAPL Apple Inc. | 1.04% | 7,172 | $1.6M | Add +1.4% |
| IWM iShares Russell 2000 ETF | 0.70% | 5,421 | $1.1M | Add +0.8% |
| EFA iShares MSCI Eafe ETF | 0.55% | 10,306 | $842K | No change |
| GBTC Grayscale Bitcoin Trust ETF | 0.27% | 6,400 | $417K | No change |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.22% | 4,020 | $337K | No change |
| UNH Unitedhealth Group Inc. | 0.22% | 641 | $336K | Add +1.6% |
| IWD iShares Russell 1000 Value E | 0.21% | 1,725 | $325K | Reduce -7.3% |
| HD Home Depot Inc. | 0.20% | 846 | $310K | Add +0.8% |
| AGG iShares Core U.S. Aggregate | 0.20% | 3,072 | $304K | No change |
| EEM iShares MSCI Emerging Market | 0.19% | 6,794 | $297K | No change |
| FNF Fidelity National Financial | 0.18% | 4,354 | $283K | No change |
| ANET Arista Networks Inc. | 0.18% | 3,600 | $279K | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.18% | 4,507 | $273K | No change |
| DE Deere & Co. | 0.17% | 563 | $264K | No change |
| ESGD iShares Trust iShares ESG Aw | 0.16% | 3,078 | $251K | Add +17.2% |
| AXP American Express Co. | 0.16% | 918 | $247K | No change |
| IWR iShares Russell Mid-Cap ETF | 0.16% | 2,850 | $242K | No change |
| SCHF Schwab Intl Equity ETF | 0.15% | 11,604 | $230K | Reduce -27.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.14% | 585 | $217K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.14% | 857 | $213K | New |
| IBMN iShares Ibonds Dec 2025 Term | 0.13% | 7,499 | $201K | New |
| FAF First American Financial | 0.13% | 3,055 | $201K | New |
| CVX Chevron Corp. | 0.13% | 1,198 | $200K | New |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.2% | 17.50% | +2.10 |
| VEA Vanguard Ftse Developed ETF | Add +2.5% | 12.49% | +0.61 |
| IBM Intl Business Machines Corp. | New | 0.14% | +0.14 |
| IBMN iShares Ibonds Dec 2025 Term | New | 0.13% | +0.13 |
| CVX Chevron Corp. | New | 0.13% | +0.13 |
| FAF First American Financial | New | 0.13% | +0.13 |
| VWO Vanguard Ftse Emerging Marke | Add +1.8% | 3.21% | +0.03 |
| ESGD iShares Trust iShares ESG Aw | Add +17.2% | 0.16% | +0.03 |
| TIP iShares Tips Bond ETF | Add +0.3% | 2.19% | +0.02 |
| UNH Unitedhealth Group Inc. | Add +1.6% | 0.22% | +0.00 |
| EMB iShares JP Morgan Usd Emergi | Add +0.3% | 1.05% | −0.02 |
| HD Home Depot Inc. | Add +0.8% | 0.20% | −0.02 |
| BIV Vanguard Intermediate-Term B | Add +0.1% | 6.72% | −0.07 |
| IWM iShares Russell 2000 ETF | Add +0.8% | 0.70% | −0.10 |
| BSV Vanguard Short-Term Bond ETF | Add +1.2% | 10.15% | −0.10 |
| AAPL Apple Inc. | Add +1.4% | 1.04% | −0.16 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.0% | 2.29% | −0.19 |
| IJH iShares Core S&P Midcap ETF | Add +1.7% | 3.61% | −0.31 |
| IJR iShares Core S&P Small-Cap E | Add +2.6% | 3.58% | −0.40 |
| RSP Invesco S&P 500 Equal Weight | Add +1.0% | 13.89% | −0.52 |
| IVV iShares Core S&P 500 ETF | Add +0.4% | 12.53% | −1.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 50 | $213.5M | RSP, IVV, VEA, BRK.B, BSV |
| Q1 2026 | 43 | $184.4M | RSP, BRK.B, VEA, IVV, BSV |
| Q4 2025 | 45 | $182.1M | BRK.B, RSP, IVV, VEA, BSV |
| Q3 2025 | 43 | $174.1M | BRK.B, RSP, IVV, VEA, BSV |
| Q2 2025 | 42 | $164.6M | BRK.B, RSP, IVV, VEA, BSV |
| Q1 2025 | 39 | $153.9M | BRK.B, RSP, IVV, VEA, BSV |
| Q4 2024 | 36 | $148.6M | BRK.B, RSP, IVV, VEA, BSV |
| Q3 2024 | 39 | $147.8M | BRK.B, RSP, IVV, VEA, BSV |
| Q2 2024 | 36 | $134.9M | BRK.B, RSP, IVV, VEA, BSV |
| Q1 2024 | 38 | $136.8M | BRK.B, RSP, IVV, VEA, BSV |