Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.
Reported portfolio value by quarter (40 quarters reported)
$156M in Q4 2013 → $13.4B now. Hover for any quarter.
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 |
|---|---|---|---|---|
| V Vanguard | 4.4% | Added 488% | 6,789,918 | $585M |
| IE Invesco Exch Traded Fd Tr Ii | 4.3% | Trimmed 1.3% | 1,916,464 | $581M |
| SS Schwab Strategic Tr | 4.3% | Unchanged | 17,067,494 | $578M |
| SS SPDR Series Trust | 3.8% | Trimmed 1.1% | 4,211,914 | $501M |
| I Ishares Inc | 3.0% | Trimmed 1.5% | 4,169,800 | $403M |
| V Vanguard | 3.0% | Added 606% | 3,327,214 | $398M |
| I Ishares Inc | 2.9% | Trimmed 0.7% | 3,876,497 | $384M |
| FC Fidelity Covington Tr | 2.8% | Unchanged | 8,634,000 | $378M |
| V Vanguard | 2.8% | Added 400% | 4,295,085 | $378M |
| IE Invesco Exch Traded Fd Tr Ii | 2.7% | Trimmed 7.6% | 2,230,110 | $360M |
| V Vanguard | 2.6% | Trimmed 2.0% | 2,184,266 | $345M |
| SS SPDR Series Trust | 2.6% | Trimmed 2.4% | 3,886,760 | $342M |
| I Ishares Inc | 2.5% | Trimmed 0.7% | 4,017,667 | $333M |
| V Vanguard | 2.5% | Trimmed 3.2% | 4,609,141 | $328M |
| V Vanguard | 2.4% | Unchanged | 1,042,640 | $319M |
| SS SPDR Series Trust | 2.3% | Trimmed 2.5% | 6,213,429 | $313M |
| IE Invesco Exchange Traded Fd T | 2.3% | Added 3.5% | 3,438,541 | $310M |
| I Ishares Inc | 2.3% | Unchanged | 2,103,984 | $308M |
| I Ishares Inc | 2.2% | Unchanged | 3,006,105 | $296M |
| IE Invesco Exch Traded Fd Tr Ii | 2.1% | Trimmed 0.3% | 2,154,797 | $275M |
| SS Schwab Strategic Tr | 2.0% | Trimmed 3.7% | 7,753,808 | $270M |
| SS SPDR Series Trust | 2.0% | Trimmed 0.6% | 4,302,423 | $262M |
| AC American Centy ETF Tr | 1.9% | Added 0.3% | 2,919,800 | $260M |
| I Ishares Inc | 1.9% | Trimmed 2.3% | 6,136,594 | $251M |
| GS Goldman Sachs ETF Tr | 1.9% | Added 0.8% | 5,472,758 | $250M |
| I Ishares Inc | 1.9% | Trimmed 2.1% | 330,724 | $248M |
| I Ishares Inc | 1.8% | Unchanged | 3,114,188 | $236M |
| AC American Centy ETF Tr | 1.7% | Added 0.4% | 2,393,648 | $231M |
| SS Schwab Strategic Tr | 1.6% | Trimmed 1.7% | 7,333,245 | $216M |
| V Vanguard | 1.6% | Trimmed 2.1% | 626,682 | $216M |
| I Ishares Inc | 1.6% | Trimmed 3.1% | 2,922,313 | $214M |
| V Vanguard | 1.6% | Trimmed 2.3% | 2,255,097 | $211M |
| V Vanguard | 1.5% | Unchanged | 909,566 | $198M |
| V Vanguard | 1.4% | Trimmed 2.3% | 1,271,271 | $186M |
| I Ishares Inc | 1.3% | Unchanged | 2,039,385 | $176M |
| SS SPDR Series Trust | 1.3% | Trimmed 1.7% | 7,482,790 | $175M |
| V Vanguard | 1.3% | Trimmed 2.7% | 630,488 | $173M |
| V Vanguard | 1.2% | Added 1.5% | 2,781,483 | $166M |
| SS SPDR Series Trust | 1.2% | Unchanged | 3,315,128 | $158M |
| IE Invesco Exchange Traded Fd T | 1.1% | Trimmed 6.6% | 881,795 | $150M |
| IE Invesco Exchange Traded Fd T | 1.1% | Unchanged | 1,280,545 | $145M |
| V Vanguard | 0.9% | Added 4.7% | 1,104,927 | $126M |
| SS SPDR Series Trust | 0.9% | Added 2.0% | 2,423,495 | $125M |
| I Ishares Inc | 0.9% | Trimmed 1.2% | 761,386 | $125M |
| V Vanguard | 0.9% | Added 2.3% | 626,144 | $124M |
| V Vanguard | 0.9% | Unchanged | 733,157 | $120M |
| I Ishares Inc | 0.7% | Added 5.4% | 1,017,719 | $93M |
| IE Invesco Exch Traded Fd Tr Ii | 0.6% | Added 0.3% | 537,216 | $78.6M |
| V Vanguard | 0.6% | Added 5.1% | 524,677 | $77.9M |
| SS Schwab Strategic Tr | 0.5% | Unchanged | 2,027,244 | $73.2M |
| SS SPDR Series Trust | 0.5% | Trimmed 5.1% | 1,222,487 | $70.5M |
| FC Fidelity Covington Tr | 0.5% | Unchanged | 1,404,752 | $67.8M |
| V Vanguard | 0.5% | Unchanged | 210,237 | $63.7M |
| I Ishares Inc | 0.4% | Unchanged | 667,125 | $59.5M |
| SS Schwab Strategic Tr | 0.4% | Unchanged | 1,444,411 | $55M |
What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.
quarter ended June 30, 2026 · filed August 05, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| V Vanguard | Added | +5,636,058 | +$485M | 4.4% |
| V Vanguard | Added | +2,855,921 | +$341M | 3.0% |
| V Vanguard | Added | +3,436,068 | +$302M | 2.8% |
| IE Invesco Exch Traded Fd Tr Ii | Trimmed | −182,962 | −$29.6M | 2.7% |
| V Vanguard | Trimmed | −154,792 | −$11M | 2.5% |
| IE Invesco Exchange Traded Fd T | Trimmed | −62,661 | −$10.7M | 1.1% |
| IE Invesco Exchange Traded Fd T | Added | +116,877 | +$10.5M | 2.3% |
| SS Schwab Strategic Tr | Trimmed | −301,244 | −$10.5M | 2.0% |
| SS SPDR Series Trust | Trimmed | −96,098 | −$8.45M | 2.6% |
| SS SPDR Series Trust | Trimmed | −157,884 | −$7.96M | 2.3% |
Showing the 10 largest of 39 changes.
quarter ended March 31, 2026 · filed May 11, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| I Ishares Inc | Trimmed | −687,327 | −$68.2M | 3.3% |
| V Vanguard | Trimmed | −82,249 | −$57.4M | 2.8% |
| IE Invesco Exch Traded Fd Tr Ii | Trimmed | −194,437 | −$46.2M | 3.9% |
| V Vanguard | Trimmed | −207,523 | −$40.7M | 1.5% |
| V Vanguard | Trimmed | −261,509 | −$32.7M | 1.4% |
| I Ishares Inc | Added | +47,787 | +$31.2M | 1.9% |
| V Vanguard | Added | +65,967 | +$28.8M | 4.3% |
| V Vanguard | Added | +480,569 | +$26M | 1.3% |
| IE Invesco Exchange Traded Fd T | Trimmed | −143,684 | −$20.8M | 1.2% |
| I Ishares Inc | Trimmed | −228,125 | −$20.7M | 3.2% |
Showing the 10 largest of 47 changes.
quarter ended December 31, 2025 · filed January 27, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| SS SPDR Series Trust | Trimmed | −851,290 | −$36.8M | 1.2% |
| SS Schwab Strategic Tr | Added | +1,038,388 | +$33.9M | 4.5% |
| I Ishares Inc | Added | +276,466 | +$24.7M | 3.2% |
| IE Invesco Exch Traded Fd Tr Ii | Trimmed | −164,631 | −$19.6M | 2.4% |
| V Vanguard | Added | +41,203 | +$17M | 2.9% |
| FC Fidelity Covington Tr | Added | +402,930 | +$16.8M | 2.9% |
| V Vanguard | Added | +22,202 | +$16.7M | 3.4% |
| V Vanguard | Trimmed | −85,430 | −$16.3M | 1.7% |
| IE Invesco Exchange Traded Fd T | Trimmed | −109,776 | −$15.2M | 1.2% |
| I Ishares Inc | Added | +97,799 | +$13.4M | 2.2% |
Showing the 10 largest of 45 changes.
quarter ended September 30, 2025 · filed October 31, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| IE Invesco Exch Traded Fd Tr Ii | New | +2,177,166 | +$538M | 4.4% |
| SS Schwab Strategic Tr | New | +16,029,106 | +$511M | 4.2% |
| V Vanguard | Added | +1,066,150 | +$511M | 4.2% |
| SS SPDR Series Trust | New | +4,488,013 | +$469M | 3.8% |
| V Vanguard | New | +531,340 | +$397M | 3.2% |
| I Ishares Inc | New | +4,184,118 | +$365M | 3.0% |
| FC Fidelity Covington Tr | New | +8,231,070 | +$338M | 2.8% |
| V Vanguard | New | +833,920 | +$336M | 2.7% |
| SS SPDR Series Trust | New | +4,091,668 | +$321M | 2.6% |
| IE Invesco Exch Traded Fd Tr Ii | New | +2,619,913 | +$317M | 2.6% |
Showing the 10 largest of 56 changes.
quarter ended June 30, 2025 · filed August 13, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| I Ishares | Added | +357,150 | +$222M | 32.6% |
| I Ishares | Trimmed | −722,000 | −$71.6M | 29.6% |
| V Vanguard | Trimmed | −236,900 | −$18.8M | 0.3% |
| V Vanguard | Exited | −133,300 | −$10.4M | — |
| I Ishares | Exited | −187,500 | −$9.82M | — |
| SS SPDR Series Trust | Added | +162,350 | +$3.86M | 17.8% |
| V Vanguard | Trimmed | −17,300 | −$3.06M | 0.7% |
| I Ishares | Trimmed | −7,000 | −$618K | 18.5% |
quarter ended March 31, 2025 · filed April 09, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| SS SPDR Series Trust | New | +7,307,320 | +$171M | 19.5% |
| I Ishares | Added | +449,800 | +$44.5M | 41.7% |
| V Vanguard | Added | +160,900 | +$12.7M | 2.5% |
| V Vanguard | Added | +100,000 | +$7.83M | 1.2% |
| I Ishares | Added | +130,800 | +$6.85M | 1.1% |
quarter ended December 31, 2024 · filed January 17, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| I Ishares | Trimmed | −213,040 | −$125M | 15.7% |
| I Ishares | Added | +800,000 | +$77.5M | 50.5% |
| I Ishares | Trimmed | −372,100 | −$32.5M | 29.4% |
| V Vanguard | Trimmed | −58,490 | −$24M | 0.6% |
| I Ishares | Exited | −27,415 | −$10.3M | — |
| V Vanguard | Trimmed | −36,300 | −$6.15M | 1.5% |
| I Ishares | Exited | −12,300 | −$2.33M | — |
quarter ended September 30, 2024 · filed October 17, 2024
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| I Ishares | Added | +91,820 | +$53M | 28.1% |
| I Ishares | Trimmed | −143,380 | −$14.5M | 31.8% |
| V Vanguard | Trimmed | −28,800 | −$11.1M | 3.3% |
| V Vanguard | Added | +55,020 | +$9.6M | 2.0% |
| V Vanguard | Trimmed | −102,800 | −$8.16M | 1.2% |
| V Vanguard | Trimmed | −73,300 | −$5.77M | 0.3% |
| I Ishares | Trimmed | −11,900 | −$4.47M | 1.3% |
| I Ishares | Trimmed | −80,000 | −$4.21M | 0.4% |
Loading...
