Tassel Capital Management, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 16, 2025), Tassel Capital Management, Inc. reported 34 stock positions worth $130.2 million. Its top holding was Dimensional International (DFIC) at 21.0% of the portfolio, followed by Dimensional US High Profi Et (DUHP, 12.1%) and Dimensional US Small Cap ETF (DFAS, 11.8%). Compared with Q1 2025, it opened 1 new position, sold out of 4, added to 20 and reduced 13. The biggest buy was Dimensional US Small Cap ETF (DFAS, shares +64%) and the biggest sale iShares National Muni Bond E (MUB, shares −53%).
- Most Recent 13F
- Q2 2026
- Location
- MATTHEWS, NC
- CIK
- 0001999208
- Portfolio Value
- $130.2M (Q2 2025)
- SEC Filing
- 0001951757-25-000873 ↗ filed Jul 16, 2025
Holdings Value
Holdings 34 stocks · $130.2M
| DFIC Dimensional International Co. | 20.96% | 877,846 | $27.3M | Add +25.0% |
| DUHP Dimensional US High Profi Et | 12.13% | 444,078 | $15.8M | Add +0.0% |
| DFAS Dimensional US Small Cap ETF | 11.76% | 240,340 | $15.3M | Add +63.8% |
| DFAU Dimensional US Core Equity M | 11.47% | 352,693 | $14.9M | Reduce -4.1% |
| DFAX Dimensional World Ex US Core | 11.44% | 507,041 | $14.9M | Reduce -8.0% |
| DFUS Dimensional US Eq MKT ETF | 10.37% | 201,381 | $13.5M | Add +4.2% |
| DFCF Dimensional Core Fixed Inc. | 8.61% | 265,175 | $11.2M | Reduce -1.4% |
| DFNM Dimensional National Muni BD | 2.22% | 60,980 | $2.9M | Add +1.2% |
| IWF iShares Russell 1000 Growth | 1.65% | 5,047 | $2.1M | Add +10.6% |
| MUB iShares National Muni Bond E | 1.19% | 14,879 | $1.6M | Reduce -52.5% |
| DFSD Dimensional Short Duration | 0.80% | 21,622 | $1.0M | Reduce -46.7% |
| IWD iShares Russell 1000 Value E | 0.74% | 4,990 | $969K | Reduce -7.3% |
| RAAX Vaneck Real Assets ETF | 0.69% | 28,753 | $893K | New |
| DFAI Dimensional International Co. | 0.43% | 16,189 | $560K | Reduce -5.6% |
| IEMG iShares Core MSCI Emerging | 0.40% | 8,577 | $515K | Reduce -1.3% |
| BSCR Invesco Bulletshares 2027 CB | 0.39% | 25,828 | $508K | Add +4.2% |
| IJR iShares Core S&P Small-Cap E | 0.38% | 4,504 | $492K | Add +16.1% |
| IWO iShares Russell 2000 Growth | 0.35% | 1,616 | $462K | Reduce -1.0% |
| IWP iShares Russell Mid-Cap Grow | 0.32% | 2,975 | $413K | Add +0.5% |
| BSCP Invesco Bulletshares 2025 CB | 0.32% | 19,915 | $412K | Reduce -3.3% |
| EFG iShares MSCI Eafe Growth ETF | 0.31% | 3,625 | $406K | Add +15.2% |
| BSMP Invesco Bulletshares 2025 MB | 0.31% | 16,537 | $406K | Add +0.7% |
| IWM iShares Russell 2000 ETF | 0.30% | 1,784 | $385K | Add +68.5% |
| BSJP Invesco Bulletshares 2025 HY | 0.29% | 16,538 | $382K | Add +17.9% |
| BSMQ Invesco Bulletshares 2026 MB | 0.28% | 15,546 | $366K | Add +0.7% |
| IWN iShares Russell 2000 Value E | 0.26% | 2,115 | $334K | Add +3.3% |
| BSCQ Invesco Bulletshares 2026 CB | 0.26% | 17,021 | $332K | Add +1.1% |
| BSCS Invesco Bulletshares 2028 CB | 0.25% | 16,045 | $329K | Add +1.1% |
| DFIV Dimensional International Va | 0.22% | 6,760 | $290K | Reduce -45.6% |
| BSCT Invesco Bulletshares 2029 CB | 0.21% | 14,912 | $279K | Add +1.2% |
| BSMR Invesco Bulletshares 2027 MB | 0.19% | 10,659 | $250K | Add +0.7% |
| BSJR Invesco Bulletshares 2027 HY | 0.18% | 10,470 | $238K | Add +7.5% |
| IGF iShares Global Infrastructur | 0.18% | 3,970 | $235K | Reduce -28.9% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.15% | 2,485 | $200K | Reduce -32.8% |
Portfolio Sells Q1 2025 → Q2 2025
| MUB iShares National Muni Bond E | Reduce -52.5% | 1.19% | −1.70 |
| DFCF Dimensional Core Fixed Inc. | Reduce -1.4% | 8.61% | −1.28 |
| DFAX Dimensional World Ex US Core | Reduce -8.0% | 11.44% | −1.19 |
| DFAU Dimensional US Core Equity M | Reduce -4.1% | 11.47% | −0.89 |
| DFSD Dimensional Short Duration | Reduce -46.7% | 0.80% | −0.89 |
| AGG iShares Core U.S. Aggregate | Sold out | 0.00% | −0.48 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.45 |
| BSMY Invesco Bulletshares 2034 MB | Sold out | 0.00% | −0.23 |
| DFIV Dimensional International Va | Reduce -45.6% | 0.22% | −0.21 |
| AAPL Apple Inc. | Sold out | 0.00% | −0.19 |
| IWD iShares Russell 1000 Value E | Reduce -7.3% | 0.74% | −0.14 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -32.8% | 0.15% | −0.10 |
| IGF iShares Global Infrastructur | Reduce -28.9% | 0.18% | −0.09 |
| BSCP Invesco Bulletshares 2025 CB | Reduce -3.3% | 0.32% | −0.06 |
| DFAI Dimensional International Co. | Reduce -5.6% | 0.43% | −0.04 |
| IEMG iShares Core MSCI Emerging | Reduce -1.3% | 0.40% | −0.01 |
| IWO iShares Russell 2000 Growth | Reduce -1.0% | 0.35% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| DFAS Dimensional US Small Cap ETF | Add +63.8% | 11.76% | +4.09 |
| DFIC Dimensional International Co. | Add +25.0% | 20.96% | +3.90 |
| RAAX Vaneck Real Assets ETF | New | 0.69% | +0.69 |
| IWF iShares Russell 1000 Growth | Add +10.6% | 1.65% | +0.20 |
| DFUS Dimensional US Eq MKT ETF | Add +4.2% | 10.37% | +0.14 |
| IWM iShares Russell 2000 ETF | Add +68.5% | 0.30% | +0.11 |
| EFG iShares MSCI Eafe Growth ETF | Add +15.2% | 0.31% | +0.04 |
| IJR iShares Core S&P Small-Cap E | Add +16.1% | 0.38% | +0.02 |
| IWP iShares Russell Mid-Cap Grow | Add +0.5% | 0.32% | +0.01 |
| BSJP Invesco Bulletshares 2025 HY | Add +17.9% | 0.29% | +0.01 |
| BSJR Invesco Bulletshares 2027 HY | Add +7.5% | 0.18% | −0.01 |
| IWN iShares Russell 2000 Value E | Add +3.3% | 0.26% | −0.01 |
| BSCT Invesco Bulletshares 2029 CB | Add +1.2% | 0.21% | −0.02 |
| BSMR Invesco Bulletshares 2027 MB | Add +0.7% | 0.19% | −0.03 |
| BSCS Invesco Bulletshares 2028 CB | Add +1.1% | 0.25% | −0.03 |
| BSCQ Invesco Bulletshares 2026 CB | Add +1.1% | 0.26% | −0.03 |
| BSCR Invesco Bulletshares 2027 CB | Add +4.2% | 0.39% | −0.03 |
| BSMQ Invesco Bulletshares 2026 MB | Add +0.7% | 0.28% | −0.04 |
| BSMP Invesco Bulletshares 2025 MB | Add +0.7% | 0.31% | −0.04 |
| DFNM Dimensional National Muni BD | Add +1.2% | 2.22% | −0.29 |
| DUHP Dimensional US High Profi Et | Add +0.0% | 12.13% | −0.74 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 45 | $213.7M | DFIC, DFCF, DFAU, DFAX, DUHP |
| Q1 2026 | 37 | $184.1M | DFIC, DFCF, DFAS, DFAX, DUHP |
| Q4 2025 | 34 | $165.2M | DFIC, DFCF, DFAS, DUHP, DFAX |
| Q3 2025 | 37 | $156.2M | DFIC, DFCF, DUHP, DFAS, DFAU |
| Q2 2025 | 34 | $130.2M | DFIC, DUHP, DFAS, DFAU, DFAX |
| Q1 2025 | 37 | $114.4M | DFIC, DUHP, DFAX, DFAU, DFUS |
| Q4 2024 | 38 | $112.7M | DFIC, DUHP, DFAX, DFUS, DFAU |