True Link Financial Advisors, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 21, 2025), True Link Financial Advisors, LLC reported 94 stock positions worth $1.3 billion. Its top holding was Vanguard Intermediate-Term B (BIV) at 25.2% of the portfolio, followed by Vanguard Short-Term Bond ETF (BSV, 11.9%) and iShares Core S&P 500 ETF (IVV, 11.8%). Compared with Q4 2024, it opened 40 new positions, sold out of 19, added to 33 and reduced 17. The biggest buy was a new position in iShares Core MSCI Europe ETF (IEUR) and the biggest sale Exxon Mobil (XOM, shares −80%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001846236
- Portfolio Value
- $1.3B (Q1 2025)
- SEC Filing
- 0001846236-25-000002 ↗ filed Apr 21, 2025
Holdings Value
Holdings 94 stocks · $1.3B
| BIV Vanguard Intermediate-Term B | 25.16% | 4,402,823 | $337.1M | Add +11.4% |
| BSV Vanguard Short-Term Bond ETF | 11.90% | 2,037,439 | $159.5M | Add +13.2% |
| IVV iShares Core S&P 500 ETF | 11.79% | 281,105 | $158.0M | Add +1.6% |
| ITOT iShares Core S&P Total U.S. | 8.74% | 960,247 | $117.2M | Add +3.3% |
| SPIB SS SPDR P Int C Corp. ETF | 8.40% | 3,387,730 | $112.6M | Add +5.7% |
| SHV iShares 0-1 Year Treasury Bo | 5.21% | 632,153 | $69.8M | Add +14.7% |
| IEFA iShares Core MSCI Eafe ETF | 4.39% | 777,571 | $58.8M | Add +3.1% |
| SCHD Schwab US DVD Equity ETF | 3.66% | 1,754,522 | $49.1M | Add +11.9% |
| VTIP Vanguard Short-Term Tips | 3.38% | 908,541 | $45.3M | Add +14.1% |
| DFIV Dimensional International Va | 3.22% | 1,096,338 | $43.2M | Add +2.9% |
| DFAE Dimensional Emerging Core Eq | 3.19% | 1,649,675 | $42.7M | Add +15.3% |
| QUAL iShares MSCI USA Quality Fac | 2.68% | 210,104 | $35.9M | Add +8.7% |
| BNDX Vanguard Total Intl Bond ETF | 2.09% | 573,768 | $28.0M | Add +15.0% |
| IEUR iShares Core MSCI Europe ETF | 0.57% | 127,792 | $7.7M | New |
| VCIT Vanguard Int-Term Corporate | 0.48% | 77,924 | $6.4M | New |
| VGIT Vanguard Intermediate-Term T | 0.32% | 71,443 | $4.2M | No change |
| IWF iShares Russell 1000 Growth | 0.30% | 11,308 | $4.1M | New |
| DLN Wisdomtree US Largecap Divid | 0.27% | 45,623 | $3.6M | New |
| EFA iShares MSCI Eafe ETF | 0.23% | 36,889 | $3.0M | Add +57.4% |
| AGG iShares Core U.S. Aggregate | 0.22% | 30,000 | $3.0M | New |
| SGOV iShares 0-3 Month Treasury B | 0.20% | 26,204 | $2.6M | Add +44.6% |
| IBTF iShares Ibonds Dec 2025 Term | 0.19% | 106,103 | $2.5M | Add +36.0% |
| LMT Lockheed Martin Corp. | 0.18% | 5,458 | $2.4M | Reduce -3.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.17% | 13,566 | $2.3M | Add +937.2% |
| IVW iShares S&P 500 Growth ETF | 0.17% | 24,178 | $2.2M | New |
| ICSH iShares Ultra Short Duration | 0.15% | 40,969 | $2.1M | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.15% | 34,013 | $2.1M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.11% | 2,813 | $1.5M | Add +37.7% |
| SUB iShares Short-Term National | 0.10% | 13,130 | $1.4M | Add +5.6% |
| VLUE iShares MSCI USA Value Facto | 0.10% | 12,128 | $1.3M | No change |
| SCHO Schwab Short-Term US Treas | 0.09% | 50,530 | $1.2M | Add +33.6% |
| IWP iShares Russell Mid-Cap Grow | 0.08% | 9,517 | $1.1M | New |
| DON Wisdomtree US Midcap Dividen | 0.08% | 20,678 | $1.0M | New |
| IWD iShares Russell 1000 Value E | 0.08% | 5,398 | $1.0M | New |
| SCHR Schwab Intermediate-Term US | 0.07% | 40,266 | $1.0M | Add +43.0% |
| RSP Invesco S&P 500 Equal Weight | 0.07% | 5,423 | $939K | New |
| MSFT Microsoft Corp. | 0.07% | 2,362 | $887K | Reduce -38.3% |
| BLV Vanguard Long-Term Bond ETF | 0.06% | 11,000 | $775K | Add +266.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.06% | 1,375 | $769K | Reduce -44.2% |
| AAPL Apple Inc. | 0.05% | 3,276 | $728K | Add +23.5% |
| PRF Invesco Rafi US 1000 ETF | 0.05% | 17,640 | $713K | New |
| DFCA Dimensional Calfornia MB ETF | 0.05% | 13,860 | $687K | Add +5.7% |
| CMF iShares California Muni Bond | 0.05% | 12,160 | $684K | Add +6.2% |
| OKTA Okta Inc. | 0.05% | 6,000 | $631K | Reduce -9.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.05% | 2,245 | $617K | Reduce -9.2% |
| IJR iShares Core S&P Small-Cap E | 0.04% | 5,732 | $599K | Add +33.8% |
| IJT iShares S&P Small-Cap 600 GR | 0.04% | 4,812 | $599K | New |
| IVE iShares S&P 500 Value ETF | 0.04% | 3,082 | $587K | New |
| DIM Wisdomtree Intl M/C DVD Fund | 0.04% | 8,845 | $585K | New |
| AMZN Amazon.com Inc. | 0.04% | 3,073 | $585K | Add +151.1% |
| NVDA Nvidia Corp. | 0.04% | 5,331 | $578K | Add +159.9% |
| VWO Vanguard Ftse Emerging Marke | 0.04% | 12,149 | $550K | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.04% | 1,948 | $484K | Add +1.5% |
| GE General Electric filed as GE AEROSPACE | 0.04% | 2,412 | $483K | Reduce -2.4% |
| IJH iShares Core S&P Midcap ETF | 0.04% | 8,115 | $474K | New |
| SDY SS SPDR S&P Dividend ETF | 0.03% | 3,372 | $458K | Add +52.2% |
| DTE DTE Energy Company | 0.03% | 3,233 | $447K | New |
| VYMI Vanguard Int High DVD YLD Inc. | 0.03% | 6,000 | $442K | New |
| ALL Allstate Corp. | 0.03% | 2,113 | $438K | New |
| FLEX Flex Ltd. | 0.03% | 12,758 | $422K | No change |
| VOO Vanguard S&P 500 ETF | 0.03% | 807 | $415K | New |
| JPM JPMorgan Chase & Co. | 0.03% | 1,634 | $401K | Add +30.9% |
| IWB iShares Russell 1000 ETF | 0.03% | 1,294 | $397K | Reduce -0.8% |
| IFV First Trust DW Focus 5 Intl | 0.03% | 18,912 | $378K | New |
| DFAI Dimensional International Co. | 0.03% | 12,000 | $375K | New |
| WFC Wells Fargo & Co. | 0.03% | 5,039 | $362K | New |
| PEP Pepsico Inc. | 0.03% | 2,395 | $359K | Add +1.1% |
| HPQ HP Inc. | 0.03% | 12,934 | $358K | Reduce -0.9% |
| KEYS Keysight Technologies Inc. | 0.03% | 2,343 | $351K | New |
| DLS Wisdomtree Intl S/C DVD Fund | 0.03% | 5,100 | $337K | New |
| IEMG iShares Core MSCI Emerging | 0.03% | 6,221 | $336K | Reduce -4.4% |
| CAH Cardinal Health Inc. | 0.02% | 2,227 | $307K | New |
| DFS Discover Financial Services | 0.02% | 1,749 | $299K | New |
| XOM Exxon Mobil Corp. | 0.02% | 2,446 | $291K | Reduce -79.8% |
| A Agilent Technologies Inc. | 0.02% | 2,440 | $285K | Reduce -0.2% |
| GOOGL Alphabet Inc. Class A | 0.02% | 1,797 | $278K | Add +18.5% |
| CMCSA Comcast Corp. Class A | 0.02% | 7,414 | $274K | New |
| XEL Xcel Energy Inc. | 0.02% | 3,826 | $271K | New |
| MS Morgan Stanley | 0.02% | 2,294 | $268K | New |
| JNJ Johnson & Johnson | 0.02% | 1,588 | $263K | Reduce -10.8% |
| NUDV Nuveen ESG Dividend ETF | 0.02% | 9,285 | $259K | New |
| ESGD iShares Trust iShares ESG Aw | 0.02% | 3,018 | $247K | Reduce -14.9% |
| LLY Eli Lilly & Co. | 0.02% | 293 | $242K | Reduce -64.2% |
| DTM DT Midstream Inc. | 0.02% | 2,471 | $238K | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.02% | 2,412 | $221K | New |
| VIG Vanguard Dividend Apprec ETF | 0.02% | 1,137 | $221K | Reduce -12.5% |
| QCOM Qualcomm Inc. | 0.02% | 1,422 | $218K | New |
| CTSH Cognizant Tech Solutions-A | 0.02% | 2,819 | $216K | New |
| ABBV Abbvie Inc. | 0.02% | 1,029 | $216K | New |
| FNF Fidelity National Financial | 0.02% | 3,301 | $215K | New |
| CATH Global X S&P 500 Ca Val ETF | 0.02% | 3,094 | $209K | Reduce -3.7% |
| HPE Hewlett Packard Enterprise | 0.02% | 13,452 | $208K | Reduce -0.7% |
| SU Suncor Energy Inc. | 0.01% | 5,197 | $201K | New |
| DNB Dun & Bradstreet Holdings Inc. | 0.01% | 12,795 | $114K | New |
Portfolio Sells Q4 2024 → Q1 2025
| XOM Exxon Mobil Corp. | Reduce -79.8% | 0.02% | −0.09 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.08 |
| MSFT Microsoft Corp. | Reduce -38.3% | 0.07% | −0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -44.2% | 0.06% | −0.06 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.06 |
| LMT Lockheed Martin Corp. | Reduce -3.6% | 0.18% | −0.05 |
| CMI Cummins Inc. | Sold out | 0.00% | −0.05 |
| COR Cencora Inc. | Sold out | 0.00% | −0.04 |
| IWR iShares Russell Mid-Cap ETF | Sold out | 0.00% | −0.04 |
| GVI iShares Intermediate Governm | Sold out | 0.00% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -64.2% | 0.02% | −0.04 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.03 |
| FIS Fidelity National Info Serv | Sold out | 0.00% | −0.03 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.03 |
| MUB iShares National Muni Bond E | Sold out | 0.00% | −0.02 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.02 |
| FFIV F5 Inc. | Sold out | 0.00% | −0.02 |
| T AT&T Inc. | Sold out | 0.00% | −0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Sold out | 0.00% | −0.02 |
| SYK Stryker Corp. | Sold out | 0.00% | −0.02 |
| FE Firstenergy Corp. | Sold out | 0.00% | −0.02 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.02 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -9.2% | 0.05% | −0.01 |
| HPQ HP Inc. | Reduce -0.9% | 0.03% | −0.01 |
| HPE Hewlett Packard Enterprise | Reduce -0.7% | 0.02% | −0.01 |
| A Agilent Technologies Inc. | Reduce -0.2% | 0.02% | −0.01 |
| IWB iShares Russell 1000 ETF | Reduce -0.8% | 0.03% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -12.5% | 0.02% | −0.00 |
| ESGD iShares Trust iShares ESG Aw | Reduce -14.9% | 0.02% | −0.00 |
| CATH Global X S&P 500 Ca Val ETF | Reduce -3.7% | 0.02% | −0.00 |
| IEMG iShares Core MSCI Emerging | Reduce -4.4% | 0.03% | −0.00 |
| JNJ Johnson & Johnson | Reduce -10.8% | 0.02% | −0.00 |
| VIVAKOR INC COM NEW | Sold out | 0.00% | 0.00 |
| GE General Electric | Reduce -2.4% | 0.04% | +0.00 |
| OKTA Okta Inc. | Reduce -9.6% | 0.05% | +0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| IEUR iShares Core MSCI Europe ETF | New | 0.57% | +0.57 |
| VCIT Vanguard Int-Term Corporate | New | 0.48% | +0.48 |
| BIV Vanguard Intermediate-Term B | Add +11.4% | 25.16% | +0.37 |
| IWF iShares Russell 1000 Growth | New | 0.30% | +0.30 |
| DLN Wisdomtree US Largecap Divid | New | 0.27% | +0.27 |
| BSV Vanguard Short-Term Bond ETF | Add +13.2% | 11.90% | +0.23 |
| AGG iShares Core U.S. Aggregate | New | 0.22% | +0.22 |
| IVW iShares S&P 500 Growth ETF | New | 0.17% | +0.17 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +937.2% | 0.17% | +0.16 |
| VEU Vanguard Ftse All-World Ex-U | New | 0.15% | +0.15 |
| VTIP Vanguard Short-Term Tips | Add +14.1% | 3.38% | +0.15 |
| DFAE Dimensional Emerging Core Eq | Add +15.3% | 3.19% | +0.14 |
| SHV iShares 0-1 Year Treasury Bo | Add +14.7% | 5.21% | +0.12 |
| IWP iShares Russell Mid-Cap Grow | New | 0.08% | +0.08 |
| DON Wisdomtree US Midcap Dividen | New | 0.08% | +0.08 |
| EFA iShares MSCI Eafe ETF | Add +57.4% | 0.23% | +0.08 |
| IWD iShares Russell 1000 Value E | New | 0.08% | +0.08 |
| RSP Invesco S&P 500 Equal Weight | New | 0.07% | +0.07 |
| SCHD Schwab US DVD Equity ETF | Add +11.9% | 3.66% | +0.06 |
| PRF Invesco Rafi US 1000 ETF | New | 0.05% | +0.05 |
| DFIV Dimensional International Va | Add +2.9% | 3.22% | +0.05 |
| IJT iShares S&P Small-Cap 600 GR | New | 0.04% | +0.04 |
| SGOV iShares 0-3 Month Treasury B | Add +44.6% | 0.20% | +0.04 |
| IVE iShares S&P 500 Value ETF | New | 0.04% | +0.04 |
| DIM Wisdomtree Intl M/C DVD Fund | New | 0.04% | +0.04 |
| VWO Vanguard Ftse Emerging Marke | New | 0.04% | +0.04 |
| BLV Vanguard Long-Term Bond ETF | Add +266.7% | 0.06% | +0.04 |
| BNDX Vanguard Total Intl Bond ETF | Add +15.0% | 2.09% | +0.04 |
| IJH iShares Core S&P Midcap ETF | New | 0.04% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +37.7% | 0.11% | +0.03 |
| DTE DTE Energy Company | New | 0.03% | +0.03 |
| VYMI Vanguard Int High DVD YLD Inc. | New | 0.03% | +0.03 |
| ALL Allstate Corp. | New | 0.03% | +0.03 |
| IBTF iShares Ibonds Dec 2025 Term | Add +36.0% | 0.19% | +0.03 |
| VOO Vanguard S&P 500 ETF | New | 0.03% | +0.03 |
| IFV First Trust DW Focus 5 Intl | New | 0.03% | +0.03 |
| DFAI Dimensional International Co. | New | 0.03% | +0.03 |
| WFC Wells Fargo & Co. | New | 0.03% | +0.03 |
| KEYS Keysight Technologies Inc. | New | 0.03% | +0.03 |
| DLS Wisdomtree Intl S/C DVD Fund | New | 0.03% | +0.03 |
| CAH Cardinal Health Inc. | New | 0.02% | +0.02 |
| DFS Discover Financial Services | New | 0.02% | +0.02 |
| AMZN Amazon.com Inc. | Add +151.1% | 0.04% | +0.02 |
| CMCSA Comcast Corp. Class A | New | 0.02% | +0.02 |
| XEL Xcel Energy Inc. | New | 0.02% | +0.02 |
| MS Morgan Stanley | New | 0.02% | +0.02 |
| NVDA Nvidia Corp. | Add +159.9% | 0.04% | +0.02 |
| NUDV Nuveen ESG Dividend ETF | New | 0.02% | +0.02 |
| DTM DT Midstream Inc. | New | 0.02% | +0.02 |
| SCHR Schwab Intermediate-Term US | Add +43.0% | 0.07% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 104 | $1.7B | BIV, IVV, BSV, DFCF, ITOT |
| Q1 2026Amended | 418 | $1.6B | BIV, BSV, IVV, DFCF, ITOT |
| Q4 2025 | 114 | $1.6B | BIV, IVV, BSV, DFCF, ITOT |
| Q3 2025 | 92 | $1.6B | BIV, IVV, BSV, ITOT, DFCF |
| Q2 2025 | 87 | $1.4B | BIV, IVV, BSV, ITOT, DFCF |
| Q1 2025 | 94 | $1.3B | BIV, BSV, IVV, ITOT, SPIB |
| Q4 2024 | 73 | $1.2B | BIV, IVV, BSV, ITOT, SPIB |
| Q3 2024 | 66 | $1.2B | BIV, BSV, IVV, ITOT, SPIB |
| Q2 2024 | 64 | $1.1B | BSV, BIV, IVV, ITOT, SHV |
| Q1 2024 | 63 | $1.0B | BSV, BIV, IVV, ITOT, SHV |