Liquid Strategies, LLC

Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.

Reported portfolio value by quarter (27 quarters reported)

$732M $117M

Q4 19 Q2 21 Q4 22 Q2 24 Q4 25 Q2 26

$117M in Q4 2019 → $732M now. Hover for any quarter.

Holdings

As reported for the quarter ended June 30, 2026. Activity is the change in share count since the prior quarter's filing.

Holding	% of portfolio	Activity	Shares	Value
VS Vanguard S&P 500 ETF	68.8%	Added 63%	733,137	$504M
VS Vanguard Short-term Corporate	8.3%	Added 5.5%	769,472	$60.8M
IC Ishares Core U.s. Aggregate Bo	6.6%	Trimmed 2.7%	485,509	$48.1M
IN Ishares National Muni Bond ETF	5.8%	Added 19%	396,261	$42.6M
IC Ishares Core Msci Eafe ETF	4.6%	Added 19%	347,344	$33.5M
IC Ishares Core S&P Small Cap ETF	4.4%	Added 47%	218,767	$32.4M
IC Ishares Core Msci Emerging Mar	1.5%	Added 43%	135,760	$11.2M

What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.

quarter ended June 30, 2026 · filed July 28, 2026

Company	Action	Shares changed	Value of change	% of portfolio
VS Vanguard S&P 500 ETF	Added	+284,704	+$196M	68.8%
IC Ishares Core S&P Small Cap ETF	Added	+69,440	+$10.3M	4.4%
IN Ishares National Muni Bond ETF	Added	+64,403	+$6.93M	5.8%
IC Ishares Core Msci Eafe ETF	Added	+55,069	+$5.32M	4.6%
IC Ishares Core Msci Emerging Mar	Added	+40,883	+$3.39M	1.5%
VS Vanguard Short-term Corporate	Added	+40,112	+$3.17M	8.3%
VF Vanguard Ftse Europe ETF	Exited	−34,830	−$2.87M	—
IC Ishares Core U.s. Aggregate Bo	Trimmed	−13,610	−$1.35M	6.6%
IU Ishares Ultra Short-term Bond	Exited	−8,215	−$416K	—

quarter ended March 31, 2026 · filed May 01, 2026

Company	Action	Shares changed	Value of change	% of portfolio
IC Ishares Core U.s. Aggregate Bo	Added	+170,280	+$16.9M	10.6%
VS Vanguard S&P 500 ETF	Trimmed	−22,900	−$13.7M	57.6%
VS Vanguard Short-term Corporate	Added	+97,708	+$7.75M	12.4%
VF Vanguard Ftse Europe ETF	New	+34,830	+$2.87M	0.6%
IC Ishares Core Msci Eafe ETF	Added	+30,626	+$2.77M	5.7%
IC Ishares Core S&P Small Cap ETF	Added	+15,369	+$1.91M	4.0%
IN Ishares National Muni Bond ETF	Added	+7,266	+$771K	7.6%
IC Ishares Core Msci Emerging Mar	Added	+7,017	+$489K	1.4%

quarter ended December 31, 2025 · filed January 27, 2026

Company	Action	Shares changed	Value of change	% of portfolio
VS Vanguard S&P 500 ETF	Trimmed	−62,044	−$38.9M	64.3%
IN Ishares National Muni Bond ETF	Added	+62,028	+$6.64M	7.6%
IC Ishares Core U.s. Aggregate Bo	Trimmed	−23,707	−$2.37M	7.1%
VS Vanguard Short-term Corporate	Trimmed	−18,125	−$1.45M	11.0%
IC Ishares Core Msci Eafe ETF	Added	+15,702	+$1.4M	5.1%
IC Ishares Core S&P Small Cap ETF	Trimmed	−7,036	−$846K	3.5%
IU Ishares Ultra Short-term Bond	New	+8,215	+$416K	0.1%
IC Ishares Core Msci Emerging Mar	Added	+4,975	+$334K	1.3%

quarter ended September 30, 2025 · filed October 24, 2025

Company	Action	Shares changed	Value of change	% of portfolio
IT Ishares Tr	Trimmed	−132,314	−$13.3M	7.3%
VI Vanguard Index Fds	Added	+6,717	+$4.11M	67.3%
IT Ishares Tr	Added	+45,355	+$3.96M	4.4%
VS Vanguard Scottsdale Fds	Added	+29,156	+$2.33M	10.7%
IT Ishares Tr	Added	+18,928	+$2.25M	3.5%
I Ishares Inc	Added	+12,801	+$844K	1.1%
IT Ishares Tr	Added	+7,732	+$823K	5.8%

quarter ended June 30, 2025 · filed July 29, 2025

Company	Action	Shares changed	Value of change	% of portfolio
VI Vanguard Index Fds	Trimmed	−125,016	−$71M	65.4%
IT Ishares Tr	Exited	−206,056	−$19.7M	—
IT Ishares Tr	Trimmed	−37,104	−$3.88M	5.8%
VI Vanguard Intl Equity Index F	Exited	−46,797	−$3.29M	—
IT Ishares Tr	Exited	−34,304	−$3.28M	—
SI SPDR Index Shs Fds	Exited	−83,382	−$3.28M	—
EG Etfs Gold Tr	Exited	−109,934	−$3.28M	—
IT Ishares Tr	Exited	−41,501	−$3.27M	—
IA Invesco Actvely Mngd Etc Fd	Exited	−239,694	−$3.27M	—
IT Ishares Tr	Added	+37,553	+$3.13M	3.7%

Showing the 10 largest of 14 changes.

quarter ended March 31, 2025 · filed April 21, 2025

Company	Action	Shares changed	Value of change	% of portfolio
VI Vanguard Index Fds	Added	+157,106	+$80.7M	63.1%
VS Vanguard Scottsdale Fds	Trimmed	−203,339	−$16.1M	9.0%
IT Ishares Tr	Added	+128,239	+$12.2M	3.7%
SS SPDR Ser Tr	Exited	−128,143	−$11.7M	—
SS SPDR Ser Tr	Exited	−104,072	−$7.17M	—
IQ Invesco Qqq Tr	Exited	−13,918	−$7.12M	—
EG Etfs Gold Tr	Trimmed	−179,437	−$5.35M	0.6%
IT Ishares Tr	Trimmed	−50,323	−$3.97M	0.6%
IT Ishares Tr	Added	+35,184	+$3.71M	5.8%
VI Vanguard Intl Equity Index F	New	+46,797	+$3.29M	0.6%

Showing the 10 largest of 18 changes.

quarter ended December 31, 2024 · filed January 21, 2025

Company	Action	Shares changed	Value of change	% of portfolio
VI Vanguard Index Fds	Added	+91,517	+$49.3M	54.9%
VS Vanguard Scottsdale Fds	Added	+242,507	+$18.9M	13.0%
SS SPDR Ser Tr	New	+128,143	+$11.7M	2.4%
VI Vanguard Intl Equity Index F	Exited	−126,919	−$9.02M	—
SS Select Sector SPDR Tr	Exited	−201,866	−$9.02M	—
IT Ishares Tr	New	+91,824	+$7.22M	1.5%
IT Ishares Tr	New	+77,817	+$7.19M	1.5%
SS SPDR Ser Tr	Trimmed	−128,724	−$5.78M	0.7%
IT Ishares Tr	Added	+43,745	+$4.66M	5.6%
IT Ishares Tr	Added	+31,241	+$3.03M	10.5%

Showing the 10 largest of 16 changes.

quarter ended September 30, 2024 · filed October 15, 2024

Company	Action	Shares changed	Value of change	% of portfolio
VI Vanguard Index Fds	Added	+21,232	+$11.2M	50.9%
SS Select Sector SPDR Tr	New	+201,866	+$9.02M	2.2%
FF Franklin Ftse Japan ETF	Exited	−246,022	−$7.08M	—
IT Ishares Tr 7 10 Yr Trsy Bd	Exited	−53,784	−$5.04M	—
IT Ishares Tr	Added	+15,121	+$1.53M	12.0%
VS Vanguard Scottsdale Fds	Added	+18,736	+$1.49M	10.8%
VI Vanguard Intl Equity Index F	Added	+20,235	+$1.44M	2.2%
SS SPDR Ser Tr	Added	+29,846	+$1.36M	2.2%
IQ Invesco Qqq Tr	Added	+2,552	+$1.25M	2.2%
EG Etfs Gold Tr	Added	+45,344	+$1.14M	2.2%

Showing the 10 largest of 15 changes.

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