Stadion Money Management, LLC

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

Reported portfolio value by quarter (53 quarters reported)

$5.02B $994M

Q2 13 Q1 16 Q4 18 Q3 21 Q2 24 Q2 26

$1.9B in Q2 2013 → $1.16B 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
SS SPDR Series Trust	23.6%	Trimmed 5.5%	3,116,022	$274M
SI SPDR Index Shs Fds	16.2%	Trimmed 5.3%	3,730,413	$188M
IQ Invesco Qqq Tr	9.4%	New	148,606	$109M
BM Bny Mellon ETF Trust	7.1%	Trimmed 5.4%	574,513	$82.2M
SI SPDR Index Shs Fds	4.2%	Trimmed 5.1%	940,036	$48.7M
SS SPDR Series Trust	4.0%	Trimmed 6.8%	803,443	$46.3M
DE Dimensional ETF Trust	3.8%	Trimmed 3.3%	1,067,068	$44M
SS SPDR Series Trust	3.0%	Added 1.2%	1,382,116	$35.2M
FC Fidelity Covington Trust	3.0%	Trimmed 4.8%	824,315	$34.5M
CE Columbia ETF Tr I	3.0%	Trimmed 2.5%	791,168	$34.2M
BM Bny Mellon ETF Trust	2.9%	Added 1.6%	798,129	$33.4M
DE Dimensional ETF Trust	2.3%	Trimmed 12%	661,418	$26.6M
PE Pimco ETF Tr	2.1%	Added 2.1%	269,366	$24.7M
DE Dimensional ETF Trust	1.8%	Trimmed 8.9%	411,777	$21.3M
IT Ishares Tr	1.6%	Trimmed 5.1%	279,251	$18.6M
IT Ishares Tr	1.6%	Added 1.3%	180,704	$18.3M
FC Fidelity Covington Trust	1.5%	Trimmed 10%	370,869	$17.9M
IT Ishares Tr	1.3%	Added 0.1%	305,157	$15.3M
JP J P Morgan Exchange Traded F	1.2%	Added 1.2%	300,845	$14.1M
SE Simplify Exchange Traded Fun	1.2%	Added 1.3%	696,618	$14.1M
CG Capital Grp Fixed Incm ETF T	1.2%	Added 0.4%	630,233	$14M
JP J P Morgan Exchange Traded F	1.0%	Trimmed 0.4%	237,297	$11.4M
BE Bondbloxx ETF Trust	0.8%	Added 0.4%	174,729	$8.76M
SS SPDR Series Trust	0.7%	Trimmed 0.8%	352,546	$8.21M
BE Bondbloxx ETF Trust	0.5%	Trimmed 0.2%	167,872	$6.09M
SS Select Sector SPDR Tr	0.5%	Trimmed 4.6%	127,634	$5.62M
DE Dimensional ETF Trust	0.5%	Trimmed 9.5%	64,849	$5.34M

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

quarter ended June 30, 2026 · filed August 14, 2026

Company	Action	Shares changed	Value of change	% of portfolio
IQ Invesco Qqq Tr	New	+148,606	+$109M	9.4%
SS SPDR Series Trust	Trimmed	−180,516	−$15.9M	23.6%
SI SPDR Index Shs Fds	Trimmed	−207,878	−$10.5M	16.2%
BM Bny Mellon ETF Trust	Trimmed	−32,996	−$4.72M	7.1%
DE Dimensional ETF Trust	Trimmed	−91,089	−$3.66M	2.3%
SS SPDR Series Trust	Trimmed	−58,459	−$3.37M	4.0%
SI SPDR Index Shs Fds	Trimmed	−50,370	−$2.61M	4.2%
DE Dimensional ETF Trust	Trimmed	−40,078	−$2.07M	1.8%
FC Fidelity Covington Trust	Trimmed	−41,700	−$2.01M	1.5%
FC Fidelity Covington Trust	Trimmed	−41,700	−$1.75M	3.0%

Showing the 10 largest of 27 changes.

quarter ended March 31, 2026 · filed May 15, 2026

Company	Action	Shares changed	Value of change	% of portfolio
IQ Invesco Qqq Tr	Exited	−170,614	−$105M	—
SS SPDR S&P 500 ETF Tr	Exited	−150,705	−$103M	—
SS SPDR Series Trust	Trimmed	−497,051	−$38M	25.4%
CE Columbia ETF Tr I	New	+811,668	+$31.6M	3.2%
FC Fidelity Covington Trust	New	+866,015	+$31.4M	3.2%
DE Dimensional ETF Trust	Trimmed	−672,260	−$30.3M	2.1%
SI SPDR Index Shs Fds	Trimmed	−467,730	−$21.4M	18.1%
BM Bny Mellon ETF Trust	Added	+150,119	+$18.7M	7.6%
SS Select Sector SPDR Tr	Trimmed	−439,646	−$17.9M	0.5%
DE Dimensional ETF Trust	Trimmed	−245,471	−$17.5M	0.5%

Showing the 10 largest of 29 changes.

quarter ended December 31, 2025 · filed February 17, 2026

Company	Action	Shares changed	Value of change	% of portfolio
BM Bny Mellon ETF Trust	Trimmed	−244,305	−$32M	4.9%
SA Ssga Active ETF Tr	Exited	−711,648	−$28.8M	—
PE Pimco ETF Tr	New	+264,926	+$24.7M	2.0%
SI SPDR Index Shs Fds	Trimmed	−453,358	−$21.2M	3.9%
DE Dimensional ETF Trust	Added	+541,991	+$17.7M	2.1%
SS SPDR Series Trust	Exited	−667,650	−$17.5M	—
SI SPDR Index Shs Fds	Trimmed	−356,872	−$15.8M	15.9%
IT Ishares Tr	New	+303,984	+$15.2M	1.2%
DE Dimensional ETF Trust	Added	+278,701	+$13M	4.3%
JP J P Morgan Exchange Traded F	New	+233,697	+$11.4M	0.9%

Showing the 10 largest of 28 changes.

quarter ended September 30, 2025 · filed November 14, 2025

Company	Action	Shares changed	Value of change	% of portfolio
SS SPDR Series Trust	Exited	−1,740,550	−$49.9M	—
SS SPDR Series Trust	Exited	−532,205	−$48.7M	—
SS SPDR Series Trust	Added	+544,372	+$42.6M	24.5%
SI SPDR Index Shs Fds	Added	+625,943	+$26.8M	16.3%
SS SPDR Series Trust	Added	+190,420	+$8.82M	3.7%
SI SPDR Index Shs Fds	Added	+162,813	+$7.62M	5.5%
SS SPDR S&P 500 ETF Tr	Trimmed	−9,584	−$6.38M	8.6%
IQ Invesco Qqq Tr	Trimmed	−10,319	−$6.2M	8.5%
BM Bny Mellon ETF Trust	Trimmed	−26,715	−$3.42M	7.2%
DE Dimensional ETF Trust	Trimmed	−45,442	−$2.08M	3.1%

Showing the 10 largest of 26 changes.

quarter ended June 30, 2025 · filed August 14, 2025

Company	Action	Shares changed	Value of change	% of portfolio
SS SPDR S&P 500 ETF Tr	New	+172,133	+$106M	8.7%
IQ Invesco Qqq Tr	New	+187,170	+$103M	8.5%
SS SPDR Series Trust	Trimmed	−977,018	−$71M	20.1%
SI SPDR Index Shs Fds	Trimmed	−1,284,457	−$52M	13.7%
SS SPDR Series Trust	New	+1,740,550	+$49.9M	4.1%
SS SPDR Series Trust	New	+532,205	+$48.7M	4.0%
SI SPDR Index Shs Fds	Trimmed	−385,992	−$16.5M	4.6%
SS SPDR Series Trust	Trimmed	−239,216	−$10.2M	2.8%
BM Bny Mellon ETF Trust	Trimmed	−49,802	−$5.88M	7.1%
BM Bny Mellon ETF Trust	Trimmed	−55,819	−$2.35M	3.5%

Showing the 10 largest of 26 changes.

quarter ended March 31, 2025 · filed May 15, 2025

Company	Action	Shares changed	Value of change	% of portfolio
IQ Invesco Qqq Tr	Exited	−218,810	−$112M	—
SS SPDR S&P 500 ETF Tr	Exited	−184,932	−$108M	—
SI SPDR Index Shs Fds	Trimmed	−519,289	−$18.9M	19.7%
SS SPDR Ser Tr	Trimmed	−154,654	−$10.2M	28.5%
SI SPDR Index Shs Fds	Trimmed	−74,499	−$2.93M	6.7%
BM Bny Mellon ETF Trust	Trimmed	−59,845	−$2.52M	4.5%
SS SPDR Ser Tr	Trimmed	−87,610	−$2.24M	3.7%
BM Bny Mellon ETF Trust	Trimmed	−19,686	−$2.09M	8.2%
SA Ssga Active ETF Tr	Trimmed	−46,375	−$1.87M	3.0%
SS SPDR Ser Tr	Trimmed	−50,046	−$1.32M	1.9%

Showing the 10 largest of 24 changes.

quarter ended December 31, 2024 · filed February 14, 2025

Company	Action	Shares changed	Value of change	% of portfolio
GS Goldman Sachs ETF Tr	Exited	−422,301	−$47.7M	—
DE Dimensional ETF Trust	New	+934,719	+$37.8M	3.0%
JP J P Morgan Exchange Traded F	New	+415,127	+$19.1M	1.5%
SS SPDR Ser Tr	Trimmed	−388,889	−$17.5M	3.7%
SS SPDR Ser Tr	Trimmed	−251,043	−$17.3M	24.3%
BM Bny Mellon ETF Trust	Trimmed	−418,308	−$17.2M	3.6%
DE Dimensional ETF Trust	New	+233,259	+$15.2M	1.2%
SS SPDR Ser Tr	Trimmed	−370,998	−$9.27M	3.0%
SI SPDR Index Shs Fds	Added	+240,789	+$8.22M	15.9%
IQ Invesco Qqq Tr	Trimmed	−14,086	−$7.2M	8.8%

Showing the 10 largest of 25 changes.

quarter ended September 30, 2024 · filed November 14, 2024

Company	Action	Shares changed	Value of change	% of portfolio
SI SPDR Index Shs Fds	Added	+227,664	+$8.55M	16.1%
SS SPDR S&P 500 ETF Tr	Trimmed	−11,823	−$6.78M	8.2%
SS SPDR Ser Tr	Added	+89,174	+$6.02M	24.2%
SS SPDR Ser Tr	Added	+157,617	+$4.11M	3.7%
BM Bny Mellon ETF Trust	Added	+78,189	+$3.36M	5.0%
BM Bny Mellon ETF Trust	Added	+28,853	+$3.15M	6.4%
SI SPDR Index Shs Fds	Added	+64,570	+$2.67M	5.6%
DE Dimensional ETF Trust	Added	+67,903	+$2.16M	1.8%
GS Goldman Sachs ETF Tr	Added	+17,847	+$2.02M	3.6%
IE Invesco Exchange Traded Fd T	Added	+17,502	+$1.83M	1.2%

Showing the 10 largest of 22 changes.

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