Verger Capital Management LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 22, 2025), Verger Capital Management LLC reported 14 stock positions worth $308.1 million. Its top holding was iShares MSCI Acwi ETF (ACWI) at 24.6% of the portfolio, followed by iShares Core U.S. Aggregate (AGG, 19.8%) and SS SPDR S&P 500 ETF Trust-US (SPY, 13.0%). Compared with Q2 2025, it opened 1 new position, sold out of 1, added to 7 and reduced 5. The biggest buy was iShares MSCI Acwi ETF (ACWI, shares +45%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- Winston-Salem, NC
- CIK
- 0001627417
- Portfolio Value
- $308.1M (Q3 2025)
- SEC Filing
- 0001172661-25-004380 ↗ filed Oct 22, 2025
Holdings Value
Holdings 14 stocks · $308.1M
| ACWI iShares MSCI Acwi ETF | 24.60% | 548,305 | $75.8M | Add +45.3% |
| AGG iShares Core U.S. Aggregate | 19.82% | 609,042 | $61.1M | Add +40.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 13.00% | 60,141 | $40.1M | Reduce -5.6% |
| IVV iShares Core S&P 500 ETF | 10.08% | 46,420 | $31.1M | Add +0.3% |
| EFA iShares MSCI Eafe ETF | 8.79% | 290,142 | $27.1M | Add +3.4% |
| IXC iShares Global Energy ETF | 6.93% | 511,493 | $21.4M | Add +11.6% |
| IAU iShares Gold Trust | 6.09% | 257,693 | $18.8M | Add +9.1% |
| EEM iShares MSCI Emerging Market | 4.17% | 240,407 | $12.8M | No change |
| TIP iShares Tips Bond ETF | 3.60% | 99,836 | $11.1M | Reduce -0.1% |
| EWJ iShares MSCI Japan ETF | 0.85% | 32,708 | $2.6M | Reduce -48.1% |
| GDX Vaneck Gold Miners ETF | 0.82% | 33,091 | $2.5M | Add +49.5% |
| IEI iShares 3-7 Year Treasury Bo | 0.56% | 14,357 | $1.7M | Reduce -4.7% |
| RSP Invesco S&P 500 Equal Weight | 0.53% | 8,628 | $1.6M | New |
| IYW iShares Ustechnology ETF | 0.16% | 2,443 | $478K | Reduce -15.0% |
Portfolio Sells Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.6% | 13.00% | −2.49 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −2.27 |
| EWJ iShares MSCI Japan ETF | Reduce -48.1% | 0.85% | −1.01 |
| TIP iShares Tips Bond ETF | Reduce -0.1% | 3.60% | −0.72 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -4.7% | 0.56% | −0.15 |
| IYW iShares Ustechnology ETF | Reduce -15.0% | 0.16% | −0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| ACWI iShares MSCI Acwi ETF | Add +45.3% | 24.60% | +5.50 |
| AGG iShares Core U.S. Aggregate | Add +40.0% | 19.82% | +2.84 |
| RSP Invesco S&P 500 Equal Weight | New | 0.53% | +0.53 |
| GDX Vaneck Gold Miners ETF | Add +49.5% | 0.82% | +0.37 |
| IAU iShares Gold Trust | Add +9.1% | 6.09% | +0.29 |
| IXC iShares Global Energy ETF | Add +11.6% | 6.93% | −0.16 |
| EFA iShares MSCI Eafe ETF | Add +3.4% | 8.79% | −1.07 |
| IVV iShares Core S&P 500 ETF | Add +0.3% | 10.08% | −1.22 |
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 |