SCRATCH CAPITAL LLC

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

Portfolio value: $157M
Positions: 42
Quarter ended: September 30, 2026
Filed: November 02, 2026

Reported portfolio value by quarter (8 quarters reported)

$201M $81.9M

Q4 24 Q2 25 Q4 25 Q2 26 Q3 26

$81.9M in Q4 2024 → $157M now. Hover for any quarter.

Holdings

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
DE Dimensional ETF Trust	14.7%	Added 5.0%	613,328	$23.1M
VS Vanguard Scottsdale Fds	13.6%	Added 17%	369,888	$21.3M
DI Dfa Invt Dimensions Group In	13.5%	New	505,150	$21.2M
DI Dfa Invt Dimensions Group In	10.7%	New	446,728	$16.7M
DE Dimensional ETF Trust	9.0%	Added 3.4%	362,127	$14.1M
DE Dimensional ETF Trust	7.6%	Added 5.0%	299,738	$11.9M
VI Vanguard Index Fds	5.5%	Added 0.5%	23,176	$8.67M
IT Ishares Tr	4.0%	Trimmed 49%	62,689	$6.31M
VI Vanguard Instl Index Fd	2.7%	Trimmed 8.0%	56,773	$4.3M
DE Dimensional ETF Trust	2.1%	Added 1.4%	71,466	$3.29M
Micron Technology Inc	1.8%	Added 24%	2,613	$2.78M
IT Ishares Tr	1.4%	Unchanged	21,504	$2.24M
Nvidia Corporation	1.3%	Added 3.6%	8,799	$2.01M
AM Applied Matls Inc	1.3%	New	3,841	$1.96M
SS State Str SPDR S&P 500 ETF T	0.9%	Unchanged	1,900	$1.45M
DE Dimensional ETF Trust	0.9%	Added 5.2%	34,225	$1.42M
Dutch Bros Inc	0.8%	Trimmed 1.4%	34,435	$1.33M
VS Vanguard Scottsdale Fds	0.7%	Trimmed 0.8%	10,303	$1.12M
DE Dimensional ETF Trust	0.6%	Added 0.7%	25,374	$939K
CS Cisco Sys Inc	0.6%	Trimmed 12%	8,379	$902K
Apple Inc	0.6%	Added 7.6%	2,686	$894K
Microsoft Corp	0.6%	Added 13%	1,714	$879K
Gamestop Corp	0.6%	Added 0.0%	35,300	$870K
Wells Fargo & Co	0.5%	Trimmed 2.7%	10,735	$859K
DE Dimensional ETF Trust	0.5%	Trimmed 12%	17,881	$852K
Walmart Inc	0.5%	Added 3.5%	7,744	$805K
Intuit	0.5%	Added 0.1%	2,889	$797K
VT Vanguard Tax-managed Fds	0.3%	Added 0.0%	6,921	$489K
Amazon Com Inc	0.3%	Added 13%	1,802	$449K
Meta Platforms Inc	0.2%	Added 4.8%	499	$362K
Alphabet Inc	0.2%	Added 0.8%	1,022	$352K
DE Dimensional ETF Trust	0.2%	Added 11%	8,948	$352K
IT Ishares Tr	0.2%	Unchanged	1,686	$280K
SS Select Sector SPDR Tr	0.2%	Unchanged	4,000	$246K
Chevron Corporation	0.1%	New	1,127	$230K
Oracle Corp	0.1%	Trimmed 4.7%	1,665	$229K
Tesla Inc	0.1%	Added 1.2%	583	$207K
Alphabet Inc	0.1%	New	599	$204K
DE Dimensional ETF Trust	0.1%	New	3,590	$201K
ND Northern Dynasty Minerals Lt	0.0%	Unchanged	32,434	$44.4K
Lucid Diagnostics Inc	0.0%	Unchanged	20,994	$15.8K
BA Bridger Aerospace Grp Hldgs	0.0%	Unchanged	13,600	$9.55K

Timeline of changes

What changed each quarter, from the filings' own share counts. Largest moves first; most recent 7 quarters.

Q3 2026

quarter ended September 30, 2026 · filed November 02, 2026

Company	Action	Shares changed	Value of change	% of portfolio
DE Dimensional ETF Trust	Exited	−783,242	−$34.7M	—
DI Dfa Invt Dimensions Group In	New	+505,150	+$21.2M	13.5%
DE Dimensional ETF Trust	Exited	−483,926	−$20.2M	—
DE Dimensional ETF Trust	Exited	−433,153	−$16.8M	—
DI Dfa Invt Dimensions Group In	New	+446,728	+$16.7M	10.7%
DE Dimensional ETF Trust	Exited	−131,831	−$9.21M	—
IT Ishares Tr	Trimmed	−61,119	−$6.15M	4.0%
VS Vanguard Scottsdale Fds	Added	+54,755	+$3.15M	13.6%
AM Applied Matls Inc	New	+3,841	+$1.96M	1.3%
DE Dimensional ETF Trust	Exited	−15,014	−$1.23M	—

Showing the 10 largest of 43 changes.

Q2 2026

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

Company	Action	Shares changed	Value of change	% of portfolio
DE Dimensional ETF Trust	Added	+62,304	+$2.76M	17.2%
DE Dimensional ETF Trust	Added	+58,311	+$2.17M	10.8%
DE Dimensional ETF Trust	Added	+41,747	+$1.74M	10.0%
Dutch Bros Inc	Added	+23,065	+$1.66M	1.2%
VI Vanguard Instl Index Fd	Added	+18,165	+$1.37M	2.3%
DE Dimensional ETF Trust	Added	+29,198	+$1.13M	8.3%
DE Dimensional ETF Trust	Added	+21,774	+$885K	5.8%
Micron Technology Inc	Trimmed	−611	−$705K	1.2%
Gamestop Corp	Added	+10,801	+$238K	0.4%
Chevron Corporation	Exited	−1,113	−$230K	—

Showing the 10 largest of 39 changes.

Q1 2026

quarter ended March 31, 2026 · filed May 11, 2026

Company	Action	Shares changed	Value of change	% of portfolio
IT Ishares Tr	Added	+87,664	+$8.82M	7.2%
DE Dimensional ETF Trust	Added	+83,894	+$2.98M	10.7%
DE Dimensional ETF Trust	Added	+73,522	+$2.86M	16.0%
VS Vanguard Scottsdale Fds	Added	+36,491	+$2.14M	10.6%
DE Dimensional ETF Trust	Added	+49,463	+$1.82M	9.3%
DE Dimensional ETF Trust	Added	+49,212	+$1.7M	5.2%
DE Dimensional ETF Trust	Added	+30,526	+$1.27M	8.3%
DE Dimensional ETF Trust	Added	+27,604	+$967K	8.1%
DE Dimensional ETF Trust	Added	+14,849	+$712K	2.0%
IB Ishares Bitcoin Trust ETF	Exited	−11,292	−$561K	—

Showing the 10 largest of 45 changes.

Q4 2025

quarter ended December 31, 2025 · filed January 13, 2026

Company	Action	Shares changed	Value of change	% of portfolio
DE Dimensional ETF Trust	Added	+66,531	+$2.76M	8.7%
DE Dimensional ETF Trust	Added	+42,033	+$1.66M	16.8%
AN Amphenol Corp New	Exited	−12,896	−$1.6M	—
DE Dimensional ETF Trust	Added	+34,998	+$1.33M	9.8%
Apple Inc	Trimmed	−3,762	−$1.02M	0.4%
DE Dimensional ETF Trust	Added	+25,398	+$835K	8.1%
Fiserv Inc	Exited	−6,250	−$806K	—
GA Gallagher Arthur J & Co	Exited	−2,501	−$775K	—
Verisk Analytics Inc	Exited	−2,900	−$729K	—
DE Dimensional ETF Trust	Added	+18,806	+$648K	10.0%

Showing the 10 largest of 63 changes.

Q3 2025

quarter ended September 30, 2025 · filed October 15, 2025

Company	Action	Shares changed	Value of change	% of portfolio
VI Vanguard Instl Index Fd	Added	+37,013	+$2.8M	2.2%
DE Dimensional ETF Trust	Added	+54,780	+$2.11M	15.4%
DE Dimensional ETF Trust	Added	+33,845	+$1.62M	1.7%
AN Amphenol Corp New	New	+12,896	+$1.6M	1.1%
IT Ishares Tr	Trimmed	−14,491	−$1.46M	2.3%
DE Dimensional ETF Trust	Added	+36,071	+$1.36M	8.9%
Apple Inc	Added	+4,727	+$1.2M	1.0%
DE Dimensional ETF Trust	Added	+25,408	+$809K	7.4%
Fiserv Inc	New	+6,250	+$806K	0.5%
GA Gallagher Arthur J & Co	New	+2,501	+$775K	0.5%

Showing the 10 largest of 58 changes.

Q2 2025

quarter ended June 30, 2025 · filed July 11, 2025

Company	Action	Shares changed	Value of change	% of portfolio
DE Dimensional ETF Trust	Added	+117,636	+$4.22M	16.1%
DE Dimensional ETF Trust	Added	+136,292	+$4.01M	7.8%
DE Dimensional ETF Trust	Added	+102,266	+$3.64M	9.3%
VS Vanguard Scottsdale Fds	Added	+39,863	+$2.34M	12.5%
DE Dimensional ETF Trust	Added	+63,829	+$1.98M	10.1%
DE Dimensional ETF Trust	Added	+47,031	+$1.97M	8.0%
DE Dimensional ETF Trust	Trimmed	−27,245	−$1.47M	5.8%
DE Dimensional ETF Trust	Added	+38,812	+$1.15M	4.6%
DE Dimensional ETF Trust	New	+11,529	+$771K	0.6%
IT Ishares Tr	Added	+6,318	+$636K	4.0%

Showing the 10 largest of 33 changes.

Q1 2025

quarter ended March 31, 2025 · filed April 17, 2025

Company	Action	Shares changed	Value of change	% of portfolio
DE Dimensional ETF Trust	Added	+196,860	+$6.52M	7.5%
DE Dimensional ETF Trust	Added	+156,306	+$4.4M	5.5%
DE Dimensional ETF Trust	Added	+89,726	+$2.96M	14.7%
VS Vanguard Scottsdale Fds	Added	+40,631	+$2.38M	13.4%
DE Dimensional ETF Trust	Added	+40,652	+$1.71M	8.2%
DE Dimensional ETF Trust	Trimmed	−31,977	−$1.65M	8.5%
Intuit	Added	+2,400	+$1.47M	2.3%
VI Vanguard Index Fds	Trimmed	−5,204	−$1.43M	6.0%
VS Vanguard Scottsdale Fds	Trimmed	−13,263	−$1.09M	1.6%
IT Ishares Tr	Added	+9,462	+$953K	4.4%

Showing the 10 largest of 31 changes.

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