Verger Capital Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Verger Capital Management LLC reported 14 stock positions worth $227.3 million. Its top holding was iShares Core U.S. Aggregate (AGG) at 18.6% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 15.7%) and iShares MSCI Acwi ETF (ACWI, 14.9%). Compared with Q4 2024, it added to 14. The biggest buy was iShares MSCI Japan ETF (EWJ, shares +75%).
- Most Recent 13F
- Q2 2026
- Location
- Winston-Salem, NC
- CIK
- 0001627417
- Portfolio Value
- $227.3M (Q1 2025)
- SEC Filing
- 0001172661-25-001808 ↗ filed May 14, 2025
Holdings Value
Holdings 14 stocks · $227.3M
| AGG iShares Core U.S. Aggregate | 18.56% | 426,511 | $42.2M | Add +12.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 15.67% | 63,694 | $35.6M | Add +14.3% |
| ACWI iShares MSCI Acwi ETF | 14.90% | 291,080 | $33.9M | Add +19.9% |
| IVV iShares Core S&P 500 ETF | 11.40% | 46,138 | $25.9M | Add +0.3% |
| EFA iShares MSCI Eafe ETF | 10.06% | 279,770 | $22.9M | Add +7.8% |
| IXC iShares Global Energy ETF | 7.84% | 423,572 | $17.8M | Add +11.5% |
| IAU iShares Gold Trust | 6.30% | 242,959 | $14.3M | Add +4.4% |
| TIP iShares Tips Bond ETF | 4.89% | 100,043 | $11.1M | Add +9.2% |
| EEM iShares MSCI Emerging Market | 4.60% | 239,259 | $10.5M | Add +6.6% |
| IWM iShares Russell 2000 ETF | 2.34% | 26,682 | $5.3M | Add +7.3% |
| EWJ iShares MSCI Japan ETF | 1.89% | 62,783 | $4.3M | Add +75.0% |
| IEI iShares 3-7 Year Treasury Bo | 0.78% | 14,930 | $1.8M | Add +0.5% |
| GDX Vaneck Gold Miners ETF | 0.59% | 29,346 | $1.3M | Add +41.0% |
| IYW iShares Ustechnology ETF | 0.18% | 2,873 | $403K | Add +0.1% |
Portfolio Sells Q4 2024 → Q1 2025
| None this quarter. | |||
Portfolio Buys Q4 2024 → Q1 2025
| EWJ iShares MSCI Japan ETF | Add +75.0% | 1.89% | +0.69 |
| ACWI iShares MSCI Acwi ETF | Add +19.9% | 14.90% | +0.69 |
| IXC iShares Global Energy ETF | Add +11.5% | 7.84% | +0.61 |
| IAU iShares Gold Trust | Add +4.4% | 6.30% | +0.56 |
| EFA iShares MSCI Eafe ETF | Add +7.8% | 10.06% | +0.28 |
| GDX Vaneck Gold Miners ETF | Add +41.0% | 0.59% | +0.24 |
| AGG iShares Core U.S. Aggregate | Add +12.1% | 18.56% | +0.18 |
| TIP iShares Tips Bond ETF | Add +9.2% | 4.89% | +0.02 |
| IYW iShares Ustechnology ETF | Add +0.1% | 0.18% | −0.05 |
| EEM iShares MSCI Emerging Market | Add +6.6% | 4.60% | −0.08 |
| IEI iShares 3-7 Year Treasury Bo | Add +0.5% | 0.78% | −0.08 |
| IWM iShares Russell 2000 ETF | Add +7.3% | 2.34% | −0.40 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +14.3% | 15.67% | −0.60 |
| IVV iShares Core S&P 500 ETF | Add +0.3% | 11.40% | −2.09 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 13 | $341.4M | ACWI, AGG, SPY, IVV, EFA |
| Q1 2026 | 13 | $339.2M | ACWI, AGG, SPY, IXC, EFA |
| Q4 2025 | 14 | $337.8M | ACWI, AGG, SPY, IVV, EFA |
| Q3 2025 | 14 | $308.1M | ACWI, AGG, SPY, IVV, EFA |
| Q2 2025 | 14 | $254.1M | ACWI, AGG, SPY, IVV, EFA |
| Q1 2025 | 14 | $227.3M | AGG, SPY, ACWI, IVV, EFA |
| Q4 2024 | 14 | $200.7M | AGG, SPY, ACWI, IVV, EFA |
| Q3 2024 | 14 | $202.1M | AGG, SPY, ACWI, IVV, EFA |
| Q2 2024 | 13 | $196.2M | ACWI, SPY, IVV, EFA, IXC |
| Q1 2024 | 13 | $195.7M | IVV, SPY, ACWI, EFA, IXC |