Zhang Financial LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 6, 2026), Zhang Financial LLC reported 366 stock positions worth $2.9 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 6.7% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 6.3%) and Dimensional US Eq MKT ETF (DFUS, 6.2%). Compared with Q4 2025, it opened 45 new positions, sold out of 17, added to 183 and reduced 84. The biggest buy was iShares Core U.S. Aggregate (AGG, shares +97%) and the biggest sale Dimensional US Core Equity 2 (DFAC, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- PORTAGE, MI
- CIK
- 0001776290
- Portfolio Value
- $2.9B (Q1 2026)
- SEC Filing
- 0001776290-26-000004 ↗ filed May 6, 2026
Holdings Value
Holdings 366 stocks · $2.9B
| VOO Vanguard S&P 500 ETF | 6.74% | 326,411 | $195.0M | Add +5.0% |
| VTI VG Morningstar TS MKT ETF-US | 6.25% | 563,420 | $180.8M | Add +2.8% |
| DFUS Dimensional US Eq MKT ETF | 6.21% | 2,533,557 | $179.7M | Add +4.8% |
| ITOT iShares Core S&P Total U.S. | 5.82% | 1,181,952 | $168.3M | Add +12.4% |
| VXUS Vanguard Total Intl Stock | 5.55% | 2,082,582 | $160.6M | Add +10.8% |
| BIV Vanguard Intermediate-Term B | 5.04% | 1,890,146 | $145.9M | Add +24.3% |
| DFAC Dimensional US Core Equity 2 | 4.38% | 3,263,205 | $126.8M | Reduce -1.8% |
| VT Vanguard Tot World STK ETF | 3.46% | 723,873 | $100.1M | Add +1.0% |
| AGG iShares Core U.S. Aggregate | 3.08% | 898,297 | $89.2M | Add +97.1% |
| DFAI Dimensional International Co. | 2.48% | 1,843,654 | $71.8M | Add +1.0% |
| BND Vanguard Total Bond Market | 2.29% | 899,249 | $66.2M | Add +30.0% |
| AAPL Apple Inc. | 1.98% | 226,060 | $57.4M | Add +4.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.70% | 226,556 | $49.2M | Reduce -0.1% |
| VYM Vanguard High DVD Yield ETF | 1.69% | 329,681 | $48.8M | Add +5.0% |
| IAU iShares Gold Trust | 1.41% | 463,742 | $40.9M | Reduce -2.0% |
| VCRB Vanguard Core Bond ETF | 1.41% | 525,359 | $40.7M | Add +119.9% |
| AVDE Avantis International Equity | 1.33% | 452,332 | $38.4M | Add +12.5% |
| BKLC BNY Mellon US LRG Cap Cor | 1.31% | 303,387 | $37.9M | Reduce -2.9% |
| SYK Stryker Corp. | 1.18% | 103,799 | $34.1M | Reduce -5.9% |
| VCSH Vanguard S/T Corp. Bond ETF | 1.12% | 410,000 | $32.5M | Add +7.2% |
| DFAU Dimensional US Core Equity M | 1.11% | 708,833 | $32.0M | Add +5.2% |
| MSFT Microsoft Corp. | 0.94% | 73,448 | $27.2M | Add +8.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.94% | 61,944 | $27.1M | Add +21.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.93% | 93,967 | $27.0M | Add +1.8% |
| AVUS Avantis U.S. Equity ETF | 0.93% | 242,233 | $26.9M | Add +13.7% |
| NVDA Nvidia Corp. | 0.91% | 150,723 | $26.3M | Add +3.7% |
| DFSV Dimensional US Small Cap Val | 0.85% | 702,217 | $24.6M | Add +10.5% |
| VEA Vanguard Ftse Developed ETF | 0.79% | 356,156 | $22.8M | Add +13.2% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.77% | 283,279 | $22.4M | Add +7.4% |
| VOOV Vanguard S&P 500 Value ETF | 0.76% | 107,875 | $22.0M | Add +4.3% |
| AVUV Avantis US Small Cap Value | 0.68% | 178,134 | $19.7M | Add +8.5% |
| IWN iShares Russell 2000 Value E | 0.65% | 99,252 | $18.8M | Reduce -0.7% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.65% | 51,209 | $18.8M | Add +3.9% |
| IVV iShares Core S&P 500 ETF | 0.63% | 27,878 | $18.2M | Add +8.6% |
| GOOGL Alphabet Inc. Class A | 0.61% | 61,597 | $17.7M | Add +3.5% |
| AMZN Amazon.com Inc. | 0.58% | 80,336 | $16.7M | Add +13.8% |
| SCHB Schwab US Broad Market ETF | 0.58% | 666,381 | $16.7M | Add +2.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.57% | 25,437 | $16.5M | Add +21.4% |
| SCHF Schwab Intl Equity ETF | 0.50% | 582,566 | $14.4M | Add +12.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.45% | 26,957 | $12.9M | Add +4.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.45% | 65,748 | $12.9M | Add +1.5% |
| IBIT iShares Bitcoin Trust ETF | 0.44% | 332,302 | $12.8M | Add +1.6% |
| VWO Vanguard Ftse Emerging Marke | 0.43% | 228,258 | $12.3M | Add +0.1% |
| META Meta Platforms Inc. Class A | 0.40% | 20,286 | $11.6M | Add +17.3% |
| MUB iShares National Muni Bond E | 0.37% | 101,343 | $10.8M | Add +88.9% |
| MU Micron Technology Inc. | 0.36% | 31,089 | $10.5M | Reduce -8.3% |
| AVGO Broadcom Inc. | 0.36% | 33,414 | $10.3M | Add +41.4% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.35% | 171,919 | $10.2M | Reduce -2.5% |
| VGUS Vanguard Ultra SHRT Treasury | 0.32% | 122,652 | $9.3M | Add +473.2% |
| GLDM SPDR Gold Minishares Trust | 0.31% | 97,794 | $9.1M | Reduce -0.3% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.31% | 113,588 | $8.9M | Reduce -0.1% |
| SPAB SS SPDR P Agg Bond ETF | 0.30% | 333,168 | $8.5M | Add +32.4% |
| CAT Caterpillar Inc. | 0.28% | 11,341 | $8.0M | Add +8.2% |
| JPM JPMorgan Chase & Co. | 0.28% | 27,183 | $8.0M | Add +28.4% |
| FERG Ferguson Enterprises Inc. | 0.27% | 33,468 | $7.8M | No change |
| SUB iShares Short-Term National | 0.27% | 72,582 | $7.7M | Reduce -2.2% |
| AMGN Amgen Inc. | 0.26% | 21,120 | $7.4M | Add +9.6% |
| ABBV Abbvie Inc. | 0.26% | 33,927 | $7.4M | Add +15.9% |
| DFAT Dimensional US Target Value | 0.25% | 116,225 | $7.3M | Reduce -11.8% |
| DFAS Dimensional US Small Cap ETF | 0.24% | 97,668 | $6.9M | Add +10.2% |
| VONG Vanguard Russell 1000 Growth | 0.23% | 61,213 | $6.7M | Add +28.6% |
| IXUS iShares Core Intl Stock ETF | 0.23% | 76,794 | $6.7M | Add +9.3% |
| KLAC KLA Corp. | 0.22% | 4,302 | $6.3M | Reduce -2.0% |
| GS Goldman Sachs Group Inc. | 0.21% | 7,338 | $6.2M | Add +23.9% |
| XOM Exxon Mobil Corp. | 0.21% | 36,377 | $6.2M | Add +2.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.21% | 10,610 | $6.1M | Add +9.7% |
| VONE Vanguard Russell 1000 | 0.21% | 20,507 | $6.1M | Add +8.1% |
| CSCO Cisco Systems Inc. | 0.21% | 77,344 | $6.0M | Add +6.5% |
| VONV Vanguard Russell 1000 Value | 0.21% | 63,828 | $6.0M | Add +32.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.20% | 8 | $5.7M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 23,339 | $5.7M | Add +14.6% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.19% | 23,644 | $5.6M | Reduce -0.6% |
| EFV iShares MSCI Eafe Value ETF | 0.18% | 71,515 | $5.3M | Add +1.8% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.18% | 54,420 | $5.1M | Add +8.6% |
| AXP American Express Co. | 0.17% | 16,572 | $5.0M | New |
| WMT Walmart Inc. | 0.16% | 38,312 | $4.8M | Add +4.3% |
| GOOG Alphabet Inc. Class C | 0.16% | 16,230 | $4.7M | Add +4.9% |
| TSLA Tesla Inc. | 0.16% | 12,415 | $4.6M | Add +2.0% |
| VGT Vanguard Info Tech ETF | 0.16% | 6,561 | $4.6M | Add +2.5% |
| JNJ Johnson & Johnson | 0.15% | 18,324 | $4.5M | Add +35.3% |
| VIG Vanguard Dividend Apprec ETF | 0.15% | 19,893 | $4.3M | Reduce -0.4% |
| VOOG Vanguard S&P 500 Growth ETF | 0.14% | 9,743 | $4.0M | Add +1.8% |
| MDT Medtronic PLC | 0.13% | 44,725 | $3.9M | Add +26.3% |
| PG The Procter & Gamble Co. | 0.13% | 26,644 | $3.8M | Reduce -2.7% |
| VNQ Vanguard Real Estate ETF | 0.13% | 42,264 | $3.7M | Add +0.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.13% | 12,094 | $3.6M | Add +0.0% |
| IWV iShares Russell 3000 ETF | 0.12% | 9,549 | $3.5M | Reduce -5.0% |
| AIT Applied Industrial Tech Inc. | 0.12% | 12,793 | $3.4M | No change |
| BKIE BNY Mellon Intl Eqty ETF | 0.12% | 35,857 | $3.4M | Reduce -1.8% |
| DFUV Dimensional US Marketwide Va | 0.11% | 68,010 | $3.3M | Reduce -2.9% |
| PEP Pepsico Inc. | 0.11% | 20,488 | $3.2M | Add +2.7% |
| SPTS SS SPDR P St Term TSY ETF | 0.11% | 106,670 | $3.1M | Reduce -4.6% |
| SCHM Schwab US Mid Cap ETF | 0.11% | 98,847 | $3.1M | Add +3.0% |
| LLY Eli Lilly & Co. | 0.11% | 3,304 | $3.0M | Add +24.2% |
| HON Honeywell International Inc. | 0.10% | 13,406 | $3.0M | Add +7.3% |
| AMP Ameriprise Financial Inc. | 0.10% | 6,743 | $3.0M | Add +22.4% |
| SCHZ Schwab US Aggregate Bond ETF | 0.10% | 129,017 | $3.0M | Add +1.2% |
| ICSH iShares Ultra Short Duration | 0.10% | 58,027 | $2.9M | Reduce -32.5% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.10% | 62,600 | $2.9M | Add +27.6% |
| DVY iShares Select Dividend ETF | 0.10% | 18,480 | $2.8M | Add +0.0% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $324K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 13,437 | $324K | Add +1.9% |
Total filed on the 13F, all lines: $2.9B.
Portfolio Sells Q4 2025 → Q1 2026
| DFAC Dimensional US Core Equity 2 | Reduce -1.8% | 4.38% | −0.52 |
| SYK Stryker Corp. | Reduce -5.9% | 1.18% | −0.27 |
| BKLC BNY Mellon US LRG Cap Cor | Reduce -2.9% | 1.31% | −0.21 |
| SGOV iShares 0-3 Month Treasury B | Reduce -56.0% | 0.09% | −0.13 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -0.1% | 1.70% | −0.09 |
| APO Apollo Global Management Inc. | Reduce -34.7% | 0.07% | −0.08 |
| ICSH iShares Ultra Short Duration | Reduce -32.5% | 0.10% | −0.06 |
| XLF SS Financial Select Sector | Reduce -35.7% | 0.06% | −0.05 |
| LCII Lci Industries | Sold out | 0.00% | −0.05 |
| DFAT Dimensional US Target Value | Reduce -11.8% | 0.25% | −0.04 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Reduce -0.6% | 0.19% | −0.03 |
| KKR KKR & Co. Inc. | Reduce -8.5% | 0.05% | −0.03 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -2.5% | 0.35% | −0.03 |
| SUB iShares Short-Term National | Reduce -2.2% | 0.27% | −0.03 |
| ZTS Zoetis Inc. | Reduce -28.0% | 0.05% | −0.03 |
| BX Blackstone Inc. | Reduce -8.1% | 0.05% | −0.03 |
| IWN iShares Russell 2000 Value E | Reduce -0.7% | 0.65% | −0.02 |
| MUNI PIMCO Intermediate Municipal | Sold out | 0.00% | −0.02 |
| IWV iShares Russell 3000 ETF | Reduce -5.0% | 0.12% | −0.02 |
| DFNM Dimensional National Muni BD | Sold out | 0.00% | −0.02 |
| INTU Intuit Inc. | Reduce -6.2% | 0.03% | −0.02 |
| IAU iShares Gold Trust | Reduce -2.0% | 1.41% | −0.02 |
| SPIB SS SPDR P Int C Corp. ETF | Reduce -27.9% | 0.03% | −0.02 |
| ARES Ares Management Corp. Class A | Reduce -38.3% | 0.01% | −0.02 |
| CVCO Cavco Industries Inc. | Sold out | 0.00% | −0.02 |
| TIP iShares Tips Bond ETF | Reduce -15.2% | 0.06% | −0.02 |
| CG The Carlyle Group Inc. | Reduce -8.3% | 0.04% | −0.02 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.4% | 0.15% | −0.02 |
| XLK SS Technology Select Sector | Reduce -5.4% | 0.07% | −0.02 |
| SHOP Shopify Inc. Class A | Reduce -6.8% | 0.03% | −0.02 |
| BKAG BNY Mellon Core Bond ETF | Reduce -26.3% | 0.03% | −0.01 |
| SPTS SS SPDR P St Term TSY ETF | Reduce -4.6% | 0.11% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -2.0% | 0.09% | −0.01 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -12.0% | 0.06% | −0.01 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -16.4% | 0.05% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -2.7% | 0.13% | −0.01 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -12.8% | 0.07% | −0.01 |
| C Citigroup Inc. | Sold out | 0.00% | −0.01 |
| VMBS Vanguard Mortgage-Backed Sec | Sold out | 0.00% | −0.01 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.01 |
| INSP Inspire Medical Systems Inc. | Sold out | 0.00% | −0.01 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −0.01 |
| BKIE BNY Mellon Intl Eqty ETF | Reduce -1.8% | 0.12% | −0.01 |
| HYBB iShares BB Rated Corp. Bond | Sold out | 0.00% | −0.01 |
| CMA Comerica Inc. | Sold out | 0.00% | −0.01 |
| DUHP Dimensional US High Profi Et | Reduce -39.1% | 0.01% | −0.01 |
| MCK McKesson Corp. | Reduce -12.6% | 0.05% | −0.01 |
| EMB iShares JP Morgan Usd Emergi | Sold out | 0.00% | −0.01 |
| CWB SS SPDR BB Conv Sec ETF | Sold out | 0.00% | −0.01 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| AGG iShares Core U.S. Aggregate | Add +97.1% | 3.08% | +1.39 |
| VCRB Vanguard Core Bond ETF | Add +119.9% | 1.41% | +0.71 |
| BIV Vanguard Intermediate-Term B | Add +24.3% | 5.04% | +0.63 |
| BND Vanguard Total Bond Market | Add +30.0% | 2.29% | +0.38 |
| VXUS Vanguard Total Intl Stock | Add +10.8% | 5.55% | +0.26 |
| VGUS Vanguard Ultra SHRT Treasury | Add +473.2% | 0.32% | +0.26 |
| AXP American Express Co. | New | 0.17% | +0.17 |
| MUB iShares National Muni Bond E | Add +88.9% | 0.37% | +0.16 |
| AVDE Avantis International Equity | Add +12.5% | 1.33% | +0.09 |
| VBIL Vanguard 0-3M T-Bill ETF | New | 0.08% | +0.08 |
| DFSV Dimensional US Small Cap Val | Add +10.5% | 0.85% | +0.07 |
| COP Conocophillips | New | 0.06% | +0.06 |
| VEA Vanguard Ftse Developed ETF | Add +13.2% | 0.79% | +0.06 |
| AVUV Avantis US Small Cap Value | Add +8.5% | 0.68% | +0.06 |
| CAT Caterpillar Inc. | Add +8.2% | 0.28% | +0.05 |
| XOM Exxon Mobil Corp. | Add +2.2% | 0.21% | +0.05 |
| SPAB SS SPDR P Agg Bond ETF | Add +32.4% | 0.30% | +0.05 |
| AVGO Broadcom Inc. | Add +41.4% | 0.36% | +0.05 |
| JNJ Johnson & Johnson | Add +35.3% | 0.15% | +0.05 |
| AMD Advanced Micro Devices | Add +495.1% | 0.06% | +0.05 |
| AVUS Avantis U.S. Equity ETF | Add +13.7% | 0.93% | +0.04 |
| VONV Vanguard Russell 1000 Value | Add +32.0% | 0.21% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +21.4% | 0.57% | +0.04 |
| SCHF Schwab Intl Equity ETF | Add +12.3% | 0.50% | +0.03 |
| PANW Palo Alto Networks Inc. | New | 0.03% | +0.03 |
| TER Teradyne Inc. | New | 0.03% | +0.03 |
| EWBC East West Bancorp Inc. | New | 0.03% | +0.03 |
| UNH Unitedhealth Group Inc. | New | 0.03% | +0.03 |
| JMOM JPMorgan US Momentum Factor | New | 0.03% | +0.03 |
| WTV Wisdomtree U.S. Value Fund | New | 0.03% | +0.03 |
| IEF iShares 7-10 Year Treasury B | Add +203.4% | 0.04% | +0.03 |
| ADBE Adobe Inc. | Add +121.1% | 0.09% | +0.03 |
| RSP Invesco S&P 500 Equal Weight | Add +182.2% | 0.04% | +0.03 |
| NFLX Netflix Inc. | Add +103.0% | 0.05% | +0.03 |
| COST Costco Wholesale Corp. | Add +33.9% | 0.08% | +0.02 |
| QYLD Global X Nasd 100 Cov Call | New | 0.02% | +0.02 |
| IYJ iShares U.S. Industrials ETF | Add +282.6% | 0.03% | +0.02 |
| ISPY Proshares S&P High Incom ETF | New | 0.02% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +28.4% | 0.28% | +0.02 |
| BAC Bank of America Corp. | Add +90.8% | 0.06% | +0.02 |
| VFQY Vanguard U.S. Quality Factor | New | 0.02% | +0.02 |
| AMGN Amgen Inc. | Add +9.6% | 0.26% | +0.02 |
| WFC Wells Fargo & Co. | Add +330.9% | 0.03% | +0.02 |
| GS Goldman Sachs Group Inc. | Add +23.9% | 0.21% | +0.02 |
| CVX Chevron Corp. | Add +21.1% | 0.06% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | Add +123.8% | 0.05% | +0.02 |
| LNG Cheniere Energy Inc. | New | 0.02% | +0.02 |
| IYF iShares US Financials ETF | New | 0.02% | +0.02 |
| JAZZ Jazz Pharmaceuticals PLC | New | 0.02% | +0.02 |
| CB Chubb Ltd. | New | 0.02% | +0.02 |
Notes & Other Activity Q4 2025 → Q1 2026
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Add +1.9% | 13,437 | $324K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 391 | $3.4B | VOO, DFUS, ITOT, VTI, VXUS |
| Q1 2026 | 366 | $2.9B | VOO, VTI, DFUS, ITOT, VXUS |
| Q4 2025 | 338 | $2.7B | VOO, VTI, DFUS, ITOT, VXUS |
| Q3 2025 | 315 | $2.5B | VOO, VTI, DFUS, ITOT, VXUS |
| Q2 2025 | 290 | $2.2B | VOO, VTI, DFUS, ITOT, DFAC |
| Q1 2025 | 300 | $1.9B | DFUS, VOO, VTI, DFAC, VXUS |
| Q4 2024 | 294 | $1.7B | DFUS, VOO, VTI, DFAC, ITOT |
| Q3 2024 | 275 | $1.6B | VTI, VOO, DFUS, DFAC, ITOT |
| Q2 2024 | 267 | $1.4B | VTI, VOO, DFUS, ITOT, DFAC |
| Q1 2024 | 266 | $1.3B | VTI, VOO, DFUS, ITOT, DFAC |