Tolleson Wealth Management, Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed July 28, 2026), Tolleson Wealth Management, Inc. reported 92 stock positions worth $685.0 million. Its top holding was iShares US Equity Factor ETF (LRGF) at 22.5% of the portfolio, followed by iShares International Equity (INTF, 17.5%) and SS SPDR MSCI U Stratfact ETF (QUS, 13.5%). Compared with Q4 2025, it opened 2 new positions, sold out of 2, added to 17 and reduced 28. The biggest buy was Vanguard Russell 1000 Growth (VONG, shares +48%) and the biggest sale iShares US Equity Factor ETF (LRGF, shares −0%).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001772937
Portfolio Value
$685.0M (Q1 2026)
SEC Filing
0001772937-26-000006 ↗ filed Jul 28, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $511.0M Q1 2024 Q2 2024: $507.0M Q2 2024 Q3 2024: $524.8M Q3 2024 Q4 2024: $487.7M Q4 2024 Q1 2025: $518.6M Q1 2025 Q2 2025: $585.1M Q2 2025 Q3 2025: $646.4M Q3 2025 Q4 2025: $692.6M Q4 2025 Q1 2026: $685.0M $685.0M Q1 2026 Q2 2026: $741.9M Q2 2026

Holdings 92 stocks · $685.0M
LRGF iShares US Equity Factor ETF 22.51% 2,336,066 $154.2M Reduce -0.4%
INTF iShares International Equity 17.54% 3,084,439 $120.2M Reduce -1.0%
QUS SS SPDR MSCI U Stratfact ETF 13.48% 537,883 $92.3M Reduce -1.2%
ITOT iShares Core S&P Total U.S. 5.57% 268,122 $38.2M Reduce -1.0%
VONG Vanguard Russell 1000 Growth 5.44% 340,015 $37.3M Add +47.8%
HIMU iShares High Yild Muni A ETF 4.30% 613,773 $29.4M Add +3.2%
SGOV iShares 0-3 Month Treasury B 3.88% 264,210 $26.6M Reduce -15.6%
VEU Vanguard Ftse All-World Ex-U 3.20% 292,129 $21.9M Reduce -1.6%
SPY SS SPDR S&P 500 ETF Trust-US 2.44% 25,649 $16.7M Reduce -0.2%
IQLT iShares MSCI International Q 1.77% 262,474 $12.1M Reduce -0.1%
EFA iShares MSCI Eafe ETF 1.28% 90,406 $8.8M Reduce -2.5%
VOO Vanguard S&P 500 ETF 1.25% 14,327 $8.6M Add +7.6%
IWF iShares Russell 1000 Growth 0.97% 15,643 $6.7M Add +1.2%
IWR iShares Russell Mid-Cap ETF 0.95% 67,158 $6.5M Reduce -1.8%
UCON First Trust Smith Unconstrai 0.95% 261,629 $6.5M Reduce -6.0%
USHY iShares Broad Usd High Yield 0.83% 153,862 $5.7M Add +0.2%
VOTE TCW Transform 500 ETF 0.76% 67,828 $5.2M Add +0.8%
IWD iShares Russell 1000 Value E 0.71% 22,805 $4.9M Reduce -0.2%
NULC Nuveen ESG Large-Cap ETF 0.69% 101,853 $4.7M Add +31.5%
VTHR Vanguard Russell 3000 0.68% 16,221 $4.7M No change
AAXJ iShares MSCI All Country Asi 0.55% 39,206 $3.8M Reduce -6.0%
IVV iShares Core S&P 500 ETF 0.50% 5,240 $3.4M Reduce -9.7%
IWV iShares Russell 3000 ETF 0.49% 9,066 $3.4M No change
IWP iShares Russell Mid-Cap Grow 0.49% 26,101 $3.3M Reduce -0.3%
GLXY Galaxy Digital Inc. Class A 0.47% 175,000 $3.2M Add +20.7%
MA Mastercard Inc. Class A 0.39% 5,388 $2.7M No change
GS Goldman Sachs Group Inc. 0.33% 2,683 $2.3M No change
XSMO Invesco S&P Smallcap Momentu 0.33% 29,468 $2.2M No change
NVDA Nvidia Corp. 0.32% 12,710 $2.2M Add +38.0%
NUEM Nuveen ESG Emerging Markets 0.32% 59,658 $2.2M Reduce -1.1%
OWNS CCM Affordable Hous MBS ETF 0.29% 113,332 $2.0M Add +59.4%
AAPL Apple Inc. 0.29% 7,694 $2.0M Reduce -0.3%
MSFT Microsoft Corp. 0.28% 5,269 $2.0M Reduce -0.5%
VGK Vanguard Ftse Europe ETF 0.27% 22,330 $1.8M Reduce -0.6%
VEA Vanguard Ftse Developed ETF 0.27% 28,361 $1.8M No change
XSVM Invesco S&P Smallcap Value W 0.26% 30,000 $1.8M No change
IEMG iShares Core MSCI Emerging 0.26% 25,842 $1.8M Reduce -2.9%
SCHB Schwab US Broad Market ETF 0.25% 67,977 $1.7M Reduce 0.0%
BTCO Invsco GLXY BTCN ETF 0.21% 21,530 $1.5M Add +65.2%
SHYM iShares Short Duration High 0.21% 65,600 $1.4M No change
USIG iShares Broad Usd Investment 0.21% 27,452 $1.4M Reduce -6.1%
GLD SPDR Gold Shares 0.15% 2,456 $1.1M Reduce -12.9%
VXUS Vanguard Total Intl Stock 0.15% 13,365 $1.0M Reduce -3.4%
SGOL Abrdn Physical Gold Shares 0.15% 23,075 $1.0M Add +133.7%
AGG iShares Core U.S. Aggregate 0.14% 9,462 $939K Add +2.8%
USMV iShares MSCI USA Min Vol Fac 0.13% 9,785 $907K Reduce -1.1%
USAC USA Compression Partners LP 0.12% 30,837 $836K No change
NUDM Nuveen ESG Intl Devel MRK Eq 0.12% 22,979 $830K No change
AMZN Amazon.com Inc. 0.12% 3,960 $825K No change
EUSA iShares MSCI USA Equal Weigh 0.12% 7,978 $812K No change
IBIT iShares Bitcoin Trust ETF 0.12% 20,815 $800K Add +29.6%
UNH Unitedhealth Group Inc. 0.12% 2,942 $796K Reduce -0.2%
SDG Ish MSCI Glob Sust Deve Goal 0.11% 8,980 $754K No change
EFAV iShares MSCI Eafe Min Vol Fa 0.11% 8,177 $747K No change
DHI D.R. Horton Inc. 0.10% 4,901 $673K No change
XLK SS Technology Select Sector 0.09% 4,668 $620K No change
IWB iShares Russell 1000 ETF 0.09% 1,690 $603K No change
VB Vanguard Most SM-Cap ETF-Usd 0.08% 2,217 $581K Add +11.9%
QUAL iShares MSCI USA Quality Fac 0.08% 2,957 $567K No change
SYY Sysco Corp. 0.08% 7,908 $564K No change
ADBE Adobe Inc. 0.08% 2,259 $549K No change
GDX Vaneck Gold Miners ETF 0.07% 5,560 $510K Add +131.7%
VGSH Vanguard Short-Term Treasury 0.07% 8,082 $473K No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.07% 5,937 $472K Reduce -5.8%
ADP Automatic Data Processing 0.07% 2,205 $452K No change
NTAP Netapp Inc. 0.06% 4,282 $438K No change
V Visa Inc. Class A 0.06% 1,446 $437K No change
IEFA iShares Core MSCI Eafe ETF 0.06% 4,720 $427K No change
CAT Caterpillar Inc. 0.06% 600 $425K No change
INTU Intuit Inc. 0.06% 969 $419K No change
ICF iShares Select U.S. REIT ETF 0.06% 6,630 $410K Reduce -5.5%
VTEC Vanguard Ca Tax-Ex Bond 0.06% 4,080 $404K Add +23.6%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.06% 8,426 $387K No change
EEMA iShares MSCI Emerg MRKT Asia 0.05% 3,872 $371K No change
AMG Affiliated Managers Group 0.05% 1,319 $365K No change
XLV SS Health Care Select Sector 0.05% 2,311 $339K No change
XLP SS Consumer Staples Sel Sect 0.05% 4,053 $332K No change
MIN Aberdeen Intermediate Inc. FD 0.05% 129,626 $325K No change
BKT BlackRock Income Trust 0.04% 28,485 $301K No change
SBUX Starbucks Corp. 0.04% 3,201 $287K No change
GUNR NT Mstar GLBL NR ETF 0.04% 5,185 $286K New
VPL Vanguard Ftse Pacific ETF 0.04% 2,782 $272K No change
DFAS Dimensional US Small Cap ETF 0.04% 3,813 $271K New
CBRE CBRE Group Inc. Class A 0.04% 2,000 $271K No change
BHK BlackRock Core Bond Trust 0.04% 29,548 $271K No change
SPAB SS SPDR P Agg Bond ETF 0.04% 10,180 $261K No change
OLED Universal Display Corp. 0.03% 2,494 $229K No change
ABT Abbott Laboratories 0.03% 2,159 $222K No change
BA The Boeing Co. 0.03% 1,100 $219K No change
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.03% 3,047 $219K No change
KRO Kronos Worldwide Inc. 0.03% 32,045 $211K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.03% 719 $206K No change

Portfolio Sells Q4 2025 → Q1 2026
LRGF iShares US Equity Factor ETF Reduce -0.4% 22.51% −1.01
SGOV iShares 0-3 Month Treasury B Reduce -15.6% 3.88% −0.65
ITOT iShares Core S&P Total U.S. Reduce -1.0% 5.57% −0.24
QUS SS SPDR MSCI U Stratfact ETF Reduce -1.2% 13.48% −0.21
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.2% 2.44% −0.10
MSFT Microsoft Corp. Reduce -0.5% 0.28% −0.09
IVV iShares Core S&P 500 ETF Reduce -9.7% 0.50% −0.07
UCON First Trust Smith Unconstrai Reduce -6.0% 0.95% −0.07
BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −0.04
XT Ishar Fture Exp Tech ETF-Usd Sold out 0.00% −0.04
IWP iShares Russell Mid-Cap Grow Reduce -0.3% 0.49% −0.03
UNH Unitedhealth Group Inc. Reduce -0.2% 0.12% −0.02
AAPL Apple Inc. Reduce -0.3% 0.29% −0.02
USIG iShares Broad Usd Investment Reduce -6.1% 0.21% −0.01
AAXJ iShares MSCI All Country Asi Reduce -6.0% 0.55% −0.01
SCHB Schwab US Broad Market ETF Reduce 0.0% 0.25% −0.01
GLD SPDR Gold Shares Reduce -12.9% 0.15% −0.01
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -5.8% 0.07% −0.00
EFA iShares MSCI Eafe ETF Reduce -2.5% 1.28% −0.00
VGK Vanguard Ftse Europe ETF Reduce -0.6% 0.27% −0.00
USMV iShares MSCI USA Min Vol Fac Reduce -1.1% 0.13% −0.00
ICF iShares Select U.S. REIT ETF Reduce -5.5% 0.06% −0.00
VXUS Vanguard Total Intl Stock Reduce -3.4% 0.15% −0.00
IWR iShares Russell Mid-Cap ETF Reduce -1.8% 0.95% +0.00
IEMG iShares Core MSCI Emerging Reduce -2.9% 0.26% +0.00
NUEM Nuveen ESG Emerging Markets Reduce -1.1% 0.32% +0.01
IWD iShares Russell 1000 Value E Reduce -0.2% 0.71% +0.02
IQLT iShares MSCI International Q Reduce -0.1% 1.77% +0.05
VEU Vanguard Ftse All-World Ex-U Reduce -1.6% 3.20% +0.05
INTF iShares International Equity Reduce -1.0% 17.54% +0.57

Portfolio Buys Q4 2025 → Q1 2026
VONG Vanguard Russell 1000 Growth Add +47.8% 5.44% +1.40
NULC Nuveen ESG Large-Cap ETF Add +31.5% 0.69% +0.15
HIMU iShares High Yild Muni A ETF Add +3.2% 4.30% +0.12
OWNS CCM Affordable Hous MBS ETF Add +59.4% 0.29% +0.11
SGOL Abrdn Physical Gold Shares Add +133.7% 0.15% +0.09
NVDA Nvidia Corp. Add +38.0% 0.32% +0.08
BTCO Invsco GLXY BTCN ETF Add +65.2% 0.21% +0.05
GDX Vaneck Gold Miners ETF Add +131.7% 0.07% +0.04
VOO Vanguard S&P 500 ETF Add +7.6% 1.25% +0.04
GUNR NT Mstar GLBL NR ETF New 0.04% +0.04
DFAS Dimensional US Small Cap ETF New 0.04% +0.04
VTEC Vanguard Ca Tax-Ex Bond Add +23.6% 0.06% +0.01
VB Vanguard Most SM-Cap ETF-Usd Add +11.9% 0.08% +0.01
AGG iShares Core U.S. Aggregate Add +2.8% 0.14% +0.00
GLXY Galaxy Digital Inc. Class A Add +20.7% 0.47% +0.00
IBIT iShares Bitcoin Trust ETF Add +29.6% 0.12% +0.00
USHY iShares Broad Usd High Yield Add +0.2% 0.83% −0.00
VOTE TCW Transform 500 ETF Add +0.8% 0.76% −0.02
IWF iShares Russell 1000 Growth Add +1.2% 0.97% −0.08

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 96$741.9MLRGF, INTF, QUS, ITOT, VONG
Q1 2026 92$685.0MLRGF, INTF, QUS, ITOT, VONG
Q4 2025 92$692.6MLRGF, INTF, QUS, ITOT, SGOV
Q3 2025 89$646.4MLRGF, INTF, QUS, ITOT, VONG
Q2 2025Amended 84$585.1MLRGF, INTF, QUS, ITOT, VONG
Q1 2025Amended 86$518.6MLRGF, QUS, INTF, ITOT, HIMU
Q4 2024 103$487.7MLRGF, QUS, INTF, ITOT, SPY
Q3 2024 82$524.8MLRGF, QUS, INTF, SPY, ITOT
Q2 2024 81$507.0MLRGF, QUS, INTF, ITOT, VEU
Q1 2024 81$511.0MQUS, LRGF, INTF, ITOT, VEU