Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.
Reported portfolio value by quarter (32 quarters reported)
$115M in Q4 2018 → $1.66B now. Hover for any quarter.
As reported for the quarter ended September 30, 2026. Activity is the change in share count since the prior quarter's filing.
| Holding | % of portfolio | Activity | Shares | Value |
|---|---|---|---|---|
| VI Vanguard Index Fds | 49.7% | Trimmed 12% | 1,174,228 | $823M |
| VS Vanguard Star Fds | 14.4% | Added 0.5% | 2,805,090 | $238M |
| VS Vanguard Scottsdale Fds | 4.7% | New | 1,009,010 | $77.9M |
| VB Vanguard Bd Index Fds | 4.5% | New | 1,499,700 | $74.3M |
| TE Tcw ETF Trust | 4.4% | Trimmed 8.1% | 817,456 | $73.6M |
| VS Vanguard Scottsdale Fds | 2.5% | Trimmed 22% | 950,270 | $42.2M |
| IT Ishares Tr | 2.2% | New | 454,025 | $35.9M |
| VI Vanguard Intl Equity Index F | 2.1% | Added 44102% | 302,785 | $35.1M |
| VW Vanguard World Fd | 2.0% | Added 7.8% | 248,852 | $33.7M |
| SS Select Sector SPDR Tr | 1.4% | New | 389,000 | $23.9M |
| VI Vanguard Intl Equity Index F | 1.3% | Added 35% | 141,320 | $22.3M |
| VW Vanguard World Fd | 1.2% | Added 2.8% | 241,082 | $19.5M |
| VW Vanguard Whitehall Fds | 1.2% | Unchanged | 124,515 | $19.3M |
| AC American Centy ETF Tr | 0.9% | New | 132,800 | $14.5M |
| I Ishares Inc | 0.9% | Trimmed 69% | 175,075 | $14.2M |
| I Ishares Inc | 0.8% | New | 141,210 | $13.8M |
| SS SPDR Series Trust | 0.7% | New | 486,820 | $11.8M |
| VW Vanguard Whitehall Fds | 0.6% | Unchanged | 93,500 | $9.46M |
| VI Vanguard Index Fds | 0.6% | Added 50% | 104,373 | $9.41M |
| IT Ishares Tr | 0.5% | Unchanged | 187,685 | $7.92M |
| VI Vanguard Intl Equity Index F | 0.5% | Added 40% | 129,140 | $7.66M |
| IT Ishares Tr | 0.5% | Unchanged | 72,735 | $7.56M |
| EC Everus Constr Group | 0.4% | Unchanged | 62,842 | $7.39M |
| Knife River Corp | 0.3% | Unchanged | 101,510 | $5.12M |
| MR Mdu Res Group Inc | 0.3% | Unchanged | 245,414 | $4.55M |
| VI Vanguard Index Fds | 0.3% | Added 41% | 20,559 | $4.44M |
| DE Dimensional ETF Trust | 0.3% | Trimmed 0.7% | 97,322 | $4.4M |
| VM Vanguard Malvern Fds | 0.2% | Added 1.0% | 46,063 | $3.33M |
| VT Vanguard Tax-managed Fds | 0.1% | Added 656% | 33,918 | $2.39M |
| IT Ishares Tr | 0.1% | Unchanged | 18,315 | $2.19M |
| IT Ishares Tr | 0.1% | Trimmed 0.6% | 13,461 | $2.14M |
| IT Ishares Tr | 0.1% | Trimmed 98% | 6,862 | $1.91M |
| VI Vanguard Intl Equity Index F | 0.1% | New | 20,770 | $1.8M |
| VW Vanguard World Fd | 0.1% | Trimmed 96% | 14,487 | $1.34M |
| VM Vanguard Malvern Fds | 0.0% | Added 0.3% | 6,479 | $467K |
| Pepsico Inc | 0.0% | Unchanged | 3,126 | $396K |
| IT Ishares Tr | 0.0% | Unchanged | 785 | $79.4K |
| IT Ishares Tr | 0.0% | Unchanged | 200 | $5.9K |
What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.
quarter ended September 30, 2026 · filed October 22, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| VI Vanguard Index Fds | Trimmed | −165,421 | −$116M | 49.7% |
| VS Vanguard Scottsdale Fds | New | +1,009,010 | +$77.9M | 4.7% |
| IT Ishares Tr | Trimmed | −273,219 | −$75.9M | 0.1% |
| VB Vanguard Bd Index Fds | New | +1,499,700 | +$74.3M | 4.5% |
| VS Vanguard Scottsdale Fds | Exited | −602,320 | −$45.3M | — |
| IT Ishares Tr | New | +454,025 | +$35.9M | 2.2% |
| VI Vanguard Intl Equity Index F | Added | +302,100 | +$35M | 2.1% |
| VW Vanguard World Fd | Trimmed | −356,703 | −$33M | 0.1% |
| I Ishares Inc | Trimmed | −382,080 | −$31M | 0.9% |
| SS Select Sector SPDR Tr | New | +389,000 | +$23.9M | 1.4% |
Showing the 10 largest of 28 changes.
quarter ended June 30, 2026 · filed July 22, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| IT Ishares Tr | Added | +230,205 | +$69.2M | 5.1% |
| IT Ishares Tr | Exited | −756,850 | −$56.3M | — |
| VI Vanguard Index Fds | Trimmed | −66,987 | −$46M | 55.3% |
| SS Select Sector SPDR Tr | Exited | −584,760 | −$35.8M | — |
| VW Vanguard World Fd | Added | +368,297 | +$32.4M | 2.0% |
| AC American Centy ETF Tr | Exited | −295,050 | −$29.5M | — |
| I Ishares Inc | Added | +300,105 | +$24.9M | 2.8% |
| VW Vanguard Whitehall Fds | New | +124,515 | +$19.7M | 1.2% |
| VI Vanguard Intl Equity Index F | New | +105,055 | +$16.5M | 1.0% |
| VS Vanguard Star Fds | Trimmed | −153,682 | −$13.1M | 14.3% |
Showing the 10 largest of 30 changes.
quarter ended March 31, 2026 · filed April 28, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| VI Vanguard Index Fds | Added | +226,099 | +$135M | 56.5% |
| VW Vanguard World Fd | Trimmed | −215,447 | −$79.2M | 0.1% |
| IT Ishares Tr | Trimmed | −198,964 | −$49.3M | 0.8% |
| SS Select Sector SPDR Tr | New | +584,760 | +$35.8M | 2.4% |
| I Ishares Inc | Exited | −373,000 | −$30.1M | — |
| AC American Centy ETF Tr | New | +295,050 | +$29.5M | 2.0% |
| VS Vanguard Scottsdale Fds | Trimmed | −538,000 | −$25.3M | 4.4% |
| IT Ishares Tr | New | +137,500 | +$9.29M | 0.6% |
| VS Vanguard Star Fds | Added | +101,085 | +$7.79M | 15.3% |
| IT Ishares Tr | Trimmed | −38,650 | −$2.87M | 3.8% |
Showing the 10 largest of 26 changes.
quarter ended December 31, 2025 · filed February 17, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| VW Vanguard World Fd | Trimmed | −142,050 | −$58.6M | 6.0% |
| IT Ishares Tr | New | +795,500 | +$56.8M | 3.8% |
| VS Vanguard Star Fds | Trimmed | −460,984 | −$34.8M | 14.3% |
| VS Vanguard Scottsdale Fds | Trimmed | −388,500 | −$29.5M | 3.6% |
| VI Vanguard Index Fds | Trimmed | −32,327 | −$20.3M | 49.4% |
| I Ishares Inc | New | +259,500 | +$17.4M | 1.2% |
| IT Ishares Tr | Exited | −227,000 | −$14.9M | — |
| VW Vanguard World Fd | Added | +82,683 | +$10M | 1.4% |
| IT Ishares Tr | Added | +24,698 | +$6.08M | 4.1% |
| TE Tcw ETF Trust | Added | +71,470 | +$5.73M | 4.3% |
Showing the 10 largest of 24 changes.
quarter ended September 30, 2025 · filed November 06, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| VI Vanguard Index Fds | Trimmed | −222,467 | −$136M | 48.8% |
| VI Vanguard Intl Equity Index F | Trimmed | −1,310,185 | −$105M | 0.2% |
| VS Vanguard Scottsdale Fds | New | +1,923,500 | +$90.3M | 5.9% |
| VS Vanguard Star Fds | Trimmed | −840,445 | −$61.7M | 15.9% |
| IT Ishares Tr | Added | +223,383 | +$54M | 3.6% |
| VW Vanguard World Fd | Trimmed | −99,200 | −$39.9M | 9.5% |
| IT Ishares Tr | Exited | −1,048,000 | −$39.3M | — |
| VS Vanguard Scottsdale Fds | Trimmed | −505,100 | −$39.2M | 5.6% |
| IE Invesco Exch Traded Fd Tr Ii | Exited | −1,665,780 | −$34.8M | — |
| I Ishares Inc | New | +373,000 | +$29.9M | 2.0% |
Showing the 10 largest of 26 changes.
quarter ended June 30, 2025 · filed August 11, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| VI Vanguard Intl Equity Index F | Trimmed | −1,384,485 | −$107M | 5.9% |
| SS SPDR Series Trust | Trimmed | −3,203,140 | −$81.6M | 1.4% |
| VW Vanguard World Fd | Added | +170,950 | +$62.6M | 9.5% |
| KT Kraneshares Trust | Exited | −1,514,000 | −$52.9M | — |
| IE Invesco Exch Traded Fd Tr Ii | New | +1,665,780 | +$34.8M | 2.0% |
| IT Ishares Tr | Trimmed | −928,400 | −$25.2M | 0.6% |
| I Ishares Inc | Exited | −358,000 | −$24.5M | — |
| IT Ishares Tr | Trimmed | −556,000 | −$20.9M | 2.2% |
| IT Ishares Tr | Exited | −164,000 | −$19.9M | — |
| VI Vanguard Index Fds | Trimmed | −101,525 | −$17.9M | 0.3% |
Showing the 10 largest of 28 changes.
quarter ended March 31, 2025 · filed May 15, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| VI Vanguard Intl Equity Index F | New | +2,734,500 | +$192M | 10.3% |
| VW Vanguard World Fd | Trimmed | −547,250 | −$169M | 4.8% |
| VS Vanguard Star Fds | Added | +2,163,828 | +$134M | 13.7% |
| IT Ishares Tr | Exited | −632,300 | −$80.1M | — |
| IE Invesco Exch Traded Fd Tr Ii | Exited | −3,427,390 | −$72.2M | — |
| IT Ishares Tr | Exited | −266,155 | −$58.8M | — |
| KT Kraneshares Trust | New | +1,514,000 | +$52.9M | 2.8% |
| SS SPDR Ser Tr | Exited | −421,800 | −$40.3M | — |
| SS SPDR Ser Tr | Trimmed | −1,122,000 | −$28.2M | 5.7% |
| I Ishares Inc | New | +358,000 | +$24.5M | 1.3% |
Showing the 10 largest of 193 changes.
quarter ended December 31, 2024 · filed February 11, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| I Ishares Inc | Exited | −1,138,000 | −$81.4M | — |
| IT Ishares Tr | New | +632,300 | +$80.1M | 3.9% |
| IE Invesco Exch Traded Fd Tr Ii | New | +3,427,390 | +$72.2M | 3.5% |
| IT Ishares Tr | Added | +265,550 | +$58.7M | 2.8% |
| VS Vanguard Star Fds | Added | +628,020 | +$37M | 5.5% |
| VI Vanguard Index Fds | Trimmed | −201,535 | −$34.1M | 1.4% |
| IT Ishares Tr | Exited | −604,000 | −$30.7M | — |
| VI Vanguard Index Fds | Added | +45,275 | +$24.4M | 36.3% |
| TE Tcw ETF Trust | Added | +254,655 | +$17.5M | 2.5% |
| VI Vanguard Intl Equity Index F | Exited | −218,000 | −$15.5M | — |
Showing the 10 largest of 187 changes.
Loading...
