von Borstel & Associates, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), von Borstel & Associates, Inc. reported 40 stock positions worth $426.6 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 31.8% of the portfolio, followed by Dimensional GLBL Core PL Fix (DFGP, 17.6%) and Dimensional International (DFIC, 11.2%). Compared with Q3 2025, it sold out of 131, added to 15 and reduced 21. The biggest buy was Dimensional US Core Equity 2 (DFAC, shares +0%) and the biggest sale Microsoft (MSFT, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- THE DALLES, OR
- CIK
- 0002041065
- Portfolio Value
- $426.6M (Q4 2025)
- SEC Filing
- 0002041065-26-000001 ↗ filed Feb 12, 2026
Holdings Value
Holdings 40 stocks · $426.6M
| DFAC Dimensional US Core Equity 2 | 31.78% | 3,424,288 | $135.6M | Add +0.4% |
| DFGP Dimensional GLBL Core PL Fix | 17.60% | 1,388,442 | $75.1M | Add +3.5% |
| DFIC Dimensional International Co. | 11.20% | 1,386,573 | $47.8M | Add +1.4% |
| DFSV Dimensional US Small Cap Val | 6.46% | 837,440 | $27.5M | Add +1.9% |
| DUHP Dimensional US High Profi Et | 6.40% | 718,420 | $27.3M | Add +1.7% |
| DFAX Dimensional World Ex US Core | 4.12% | 537,276 | $17.6M | Add +0.7% |
| DFEM Dimensional Emrg MRKT Core | 3.99% | 514,087 | $17.0M | Add +0.0% |
| DISV Dimensional International SM | 3.83% | 429,849 | $16.3M | Add +0.5% |
| DIHP Dimensional International Hi | 3.66% | 492,880 | $15.6M | Add +1.3% |
| DFSD Dimensional Short Duration | 2.22% | 197,672 | $9.5M | Add +6.1% |
| DEHP Dimensional Emrg MRK Hi Prof | 2.00% | 264,111 | $8.5M | Reduce -1.5% |
| DFEV Dimensional Emrg MRKT Val | 1.99% | 252,041 | $8.5M | Reduce -1.4% |
| DFGR Dim Global Real Estate ETF | 1.06% | 171,264 | $4.5M | Add +5.4% |
| GBX Greenbrier Companies Inc. | 0.42% | 38,578 | $1.8M | No change |
| AAPL Apple Inc. | 0.32% | 5,088 | $1.4M | Reduce -87.8% |
| JPM JPMorgan Chase & Co. | 0.28% | 3,666 | $1.2M | Reduce -54.9% |
| DFSU Dimensional US Sus CORE1 ETF | 0.25% | 24,373 | $1.1M | Reduce -4.0% |
| LLY Eli Lilly & Co. | 0.24% | 957 | $1.0M | Reduce -51.3% |
| CVX Chevron Corp. | 0.19% | 5,413 | $824K | Reduce -41.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.17% | 2,483 | $735K | Reduce -51.3% |
| TSLA Tesla Inc. | 0.16% | 1,520 | $683K | Reduce -49.8% |
| PCAR Paccar Inc. | 0.15% | 5,792 | $642K | Reduce -70.6% |
| DFSI Dimensional Int Sus COR1 ETF | 0.13% | 13,103 | $561K | Add +0.8% |
| IVV iShares Core S&P 500 ETF | 0.12% | 768 | $526K | Reduce -95.7% |
| COST Costco Wholesale Corp. | 0.12% | 607 | $523K | Reduce -87.4% |
| DFSB Dim GLB Sustain Fix Inc. ETF | 0.11% | 9,432 | $488K | Add +17.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.11% | 934 | $469K | Reduce -72.3% |
| AVGO Broadcom Inc. | 0.11% | 1,322 | $457K | Reduce -71.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.10% | 694 | $426K | Reduce -40.8% |
| ANET Arista Networks Inc. | 0.09% | 2,919 | $382K | No change |
| MSFT Microsoft Corp. | 0.08% | 712 | $344K | Reduce -98.5% |
| SHOP Shopify Inc. Class A | 0.07% | 1,919 | $308K | Add +0.2% |
| MA Mastercard Inc. Class A | 0.07% | 503 | $287K | Reduce -51.8% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.07% | 2,629 | $280K | Add +0.0% |
| WFC Wells Fargo & Co. | 0.06% | 2,950 | $274K | Reduce -67.7% |
| NKE Nike Inc. Class B | 0.06% | 3,917 | $251K | No change |
| GE General Electric filed as GE AEROSPACE | 0.06% | 793 | $244K | Reduce -61.3% |
| PG The Procter & Gamble Co. | 0.05% | 1,559 | $223K | Reduce -82.2% |
| HD Home Depot Inc. | 0.05% | 616 | $211K | Reduce -78.5% |
| ETN Eaton Corp. PLC | 0.05% | 653 | $207K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -98.5% | 0.08% | −3.72 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −2.24 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −2.22 |
| IVV iShares Core S&P 500 ETF | Reduce -95.7% | 0.12% | −1.77 |
| AAPL Apple Inc. | Reduce -87.8% | 0.32% | −1.39 |
| AGG iShares Core U.S. Aggregate | Sold out | 0.00% | −1.31 |
| SPIB SS SPDR P Int C Corp. ETF | Sold out | 0.00% | −1.27 |
| FDVV Fidelity High Dividend ETF | Sold out | 0.00% | −1.05 |
| BBUS JPMorgan Betabuilders US Equ | Sold out | 0.00% | −0.94 |
| VXUS Vanguard Total Intl Stock | Sold out | 0.00% | −0.91 |
| SMIZ Zacks Small/Mid Cap ETF | Sold out | 0.00% | −0.86 |
| ZECP Zacks Earnings Consistent Po | Sold out | 0.00% | −0.84 |
| JIVE JPM Interntl Value ETF | Sold out | 0.00% | −0.84 |
| PHEQ Parametric Hedged Equity ETF | Sold out | 0.00% | −0.67 |
| CGGR Cap Group Growth Equity | Sold out | 0.00% | −0.58 |
| COST Costco Wholesale Corp. | Reduce -87.4% | 0.12% | −0.55 |
| FDEM Fidelity Emrg MRKT Multifact | Sold out | 0.00% | −0.51 |
| MUB iShares National Muni Bond E | Sold out | 0.00% | −0.48 |
| CGMS Cap Group US Multi-Sect Bond | Sold out | 0.00% | −0.45 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Sold out | 0.00% | −0.45 |
| VCRM Vanguard Core Tax-Ex Bond | Sold out | 0.00% | −0.43 |
| FPEI First Trust Institutional PR | Sold out | 0.00% | −0.41 |
| VSDM Vanguard Short Tax-Ex Bond | Sold out | 0.00% | −0.40 |
| PAPI Parametric Equity Prem Inco | Sold out | 0.00% | −0.39 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.36 |
| GCC Wisdomtree Enhanced Commodit | Sold out | 0.00% | −0.35 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.30 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.29 |
| JIRE JPMorgan Int Res Enh Eqty | Sold out | 0.00% | −0.28 |
| FLMI Franklin Dynamic Municipal B | Sold out | 0.00% | −0.24 |
| JGRO JPMorgan Active Growth ETF | Sold out | 0.00% | −0.23 |
| JCPB JPMorgan Core Plus Bond ETF | Sold out | 0.00% | −0.22 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.20 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.20 |
| JGLO JPMorgan GLBL SLCT Eq ETF | Sold out | 0.00% | −0.19 |
| BA The Boeing Co. | Sold out | 0.00% | −0.19 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.19 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.19 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.19 |
| JAVA JPMorgan Active Value ETF | Sold out | 0.00% | −0.18 |
| AVGO Broadcom Inc. | Reduce -71.9% | 0.11% | −0.15 |
| PCAR Paccar Inc. | Reduce -70.6% | 0.15% | −0.15 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -72.3% | 0.11% | −0.15 |
| PG The Procter & Gamble Co. | Reduce -82.2% | 0.05% | −0.14 |
| MMM 3M Co. | Sold out | 0.00% | −0.14 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.14 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.13 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.13 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.13 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.12 |
Portfolio Buys Q3 2025 → Q4 2025
| DFAC Dimensional US Core Equity 2 | Add +0.4% | 31.78% | +11.30 |
| DFGP Dimensional GLBL Core PL Fix | Add +3.5% | 17.60% | +6.23 |
| DFIC Dimensional International Co. | Add +1.4% | 11.20% | +4.22 |
| DFSV Dimensional US Small Cap Val | Add +1.9% | 6.46% | +2.48 |
| DUHP Dimensional US High Profi Et | Add +1.7% | 6.40% | +2.30 |
| DFAX Dimensional World Ex US Core | Add +0.7% | 4.12% | +1.50 |
| DISV Dimensional International SM | Add +0.5% | 3.83% | +1.48 |
| DFEM Dimensional Emrg MRKT Core | Add +0.0% | 3.99% | +1.36 |
| DIHP Dimensional International Hi | Add +1.3% | 3.66% | +1.34 |
| DFSD Dimensional Short Duration | Add +6.1% | 2.22% | +0.84 |
| DFGR Dim Global Real Estate ETF | Add +5.4% | 1.06% | +0.38 |
| DFSB Dim GLB Sustain Fix Inc. ETF | Add +17.9% | 0.11% | +0.05 |
| DFSI Dimensional Int Sus COR1 ETF | Add +0.8% | 0.13% | +0.05 |
| SHOP Shopify Inc. Class A | Add +0.2% | 0.07% | +0.03 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +0.0% | 0.07% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 44 | $487.7M | DFAC, DFGP, DFIC, DFSV, DUHP |
| Q1 2026 | 42 | $437.0M | DFAC, DFGP, DFIC, DFSV, DUHP |
| Q4 2025 | 40 | $426.6M | DFAC, DFGP, DFIC, DFSV, DUHP |
| Q3 2025 | 171 | $652.1M | DFAC, DFGP, DFIC, DUHP, DFSV |
| Q2 2025 | 40 | $379.3M | DFAC, DFGP, DFIC, DUHP, DFSV |
| Q1 2025 | 148 | $334.7M | DFAC, DFGP, DFIC, DUHP, DFSV |
| Q4 2024 | 38 | $255.4M | DFAC, DFGP, DFIC, DUHP, DFSV |
| Q3 2024 | 36 | $176.5M | DFAC, DFGP, DFIC, DUHP, DFSV |