DaveManuel.com · Institutional Ownership · 13F Holdings

CGN Advisors LLC

Reported holdings as of Q3 2026, from 24 quarterly filings.

CIK

1841506

Reported value

$1.3B

Positions

297

Top 10 weight

38.6%

Filed

2026-10-21

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
J P MORGAN EXCHANGE TRADED F	JCPB	$84.6M	1,889,648	6.55%	-0.09pp	14q	-2.4%-$2.1M
SPDR INDEX SHS FDS	SPDW	$61.4M	1,223,297	4.75%	+0.24pp	24q	HELD
AMERICAN CENTY ETF TR	AVDE	$61.2M	679,305	4.74%	+0.21pp	23q	-2.3%-$1.4M
SPDR SERIES TRUST	SPYG	$57.3M	465,493	4.43%	+0.44pp	24q	+1.3%+$750.8K
SPDR SERIES TRUST	SPYV	$53.1M	867,975	4.11%	+0.29pp	24q	+0.9%+$497.4K
VANGUARD INDEX FDS	VTI	$50.8M	135,624	3.93%	+0.33pp	24q	+1.7%+$837.9K
SPDR SERIES TRUST	SPIB	$38.6M	1,196,689	2.99%	-0.01pp	24q	-2.5%-$982.6K
BLACKROCK ETF TRUST II	BINC	$31.0M	610,603	2.40%	-0.01pp	11q	-3.2%-$1.0M
JANUS DETROIT STR TR	JMBS	$30.7M	727,458	2.38%	-0.05pp	12q	-1.6%-$496.2K
SPDR INDEX SHS FDS	SPEM	$29.4M	567,352	2.27%	+0.11pp	24q	-1.0%-$282.9K
AMERICAN CENTY ETF TR	AVEM	$27.4M	291,930	2.12%	+0.19pp	23q	+6.3%+$1.6M
J P MORGAN EXCHANGE TRADED F	JSCP	$21.4M	464,945	1.65%	+0.12pp	9q	+4.3%+$872.4K
VANGUARD MALVERN FDS	VCRB	$20.2M	274,832	1.57%	-0.32pp	10q	-17.8%-$4.4M
VANGUARD MUN BD FDS	VCRM	$18.3M	255,659	1.42%	+0.45pp	6q	+47.7%+$5.9M
APPLE INC	AAPL	$16.5M	49,517	1.28%	+0.19pp	24q	-3.7%-$631.1K
DIMENSIONAL ETF TRUST	DFAS	$15.0M	193,242	1.16%	-0.03pp	22q	-2.1%-$326.2K
J P MORGAN EXCHANGE TRADED F	JBND	$14.9M	291,752	1.15%	+0.02pp	10q	HELD
J P MORGAN EXCHANGE TRADED F	JMUB	$14.2M	297,739	1.10%	-0.18pp	24q	-13.7%-$2.3M
MICROSOFT CORP	MSFT	$14.0M	27,353	1.09%	+0.21pp	24q	-14.8%-$2.4M
NVIDIA CORPORATION	NVDA	$13.6M	59,598	1.05%	+0.14pp	13q	-4.3%-$610.7K
AMERICAN CENTY ETF TR	AVMC	$13.5M	177,602	1.05%	-0.01pp	10q	-1.8%-$247.4K
DIMENSIONAL ETF TRUST	DFUS	$12.7M	152,641	0.98%	+0.11pp	2q	+4.6%+$559.4K
ISHARES TR	GARP	$12.5M	146,491	0.97%	+0.11pp	5q	+3.2%+$393.0K
ALPHABET INC	GOOGL	$12.0M	34,799	0.93%	+0.02pp	24q	+0.7%+$78.5K
STATE STR SPDR S&P 500 ETF T	SPY	$11.9M	15,566	0.92%	+0.06pp	24q	-1.4%-$164.0K
VANGUARD MUN BD FDS	VSDM	$10.9M	146,639	0.84%	+0.15pp	6q	+18.1%+$1.7M
VANGUARD INDEX FDS	VTV	$10.9M	50,255	0.84%	-0.49pp	24q	-39.8%-$7.2M
J P MORGAN EXCHANGE TRADED F	JPIB	$10.6M	227,341	0.82%	flat	24q	-2.1%-$233.0K
SPDR SERIES TRUST	SPMD	$10.6M	168,139	0.82%	+0.01pp	24q	+2.3%+$237.2K
CAPITAL GROUP DIVIDEND VALUE	CGDV	$10.3M	211,578	0.80%	+0.07pp	5q	+4.3%+$430.5K
AMAZON COM INC	AMZN	$10.1M	40,618	0.78%	+0.04pp	24q	-4.4%-$460.9K
VANGUARD TAX-MANAGED FDS	VEA	$9.6M	136,485	0.75%	-0.22pp	24q	-26.8%-$3.5M
VANGUARD STAR FDS	VXUS	$8.9M	104,981	0.69%	+0.09pp	24q	+9.4%+$764.0K
DIMENSIONAL ETF TRUST	DFAC	$8.8M	198,749	0.68%	-0.01pp	22q	-7.6%-$730.8K
VANGUARD BD INDEX FDS	BSV	$8.8M	114,541	0.68%	-0.17pp	24q	-22.9%-$2.6M
VANGUARD MALVERN FDS	VSDB	$8.7M	116,299	0.67%	+0.14pp	3q	+22.9%+$1.6M
BROADCOM INC	AVGO	$7.6M	21,599	0.59%	-0.02pp	18q	-1.7%-$130.3K
DIMENSIONAL ETF TRUST	DFCF	$7.1M	176,274	0.55%	+0.02pp	18q	+2.4%+$168.9K
VANGUARD SCOTTSDALE FDS	VCIT	$7.0M	89,126	0.54%	+0.08pp	24q	+18.0%+$1.1M
META PLATFORMS INC	META	$6.9M	9,529	0.53%	+0.11pp	22q	-6.8%-$501.1K
DIMENSIONAL ETF TRUST	DFAX	$6.5M	174,286	0.50%	+0.02pp	21q	-2.1%-$135.3K
NUSHARES ETF TR	NUBD	$6.3M	297,487	0.49%	-0.24pp	18q	-34.3%-$3.3M
ISHARES TR	QUAL	$6.1M	27,483	0.47%	-0.01pp	24q	-8.6%-$572.3K
VANGUARD INTL EQUITY INDEX F	VWO	$6.1M	102,305	0.47%	+0.01pp	24q	-2.9%-$179.8K
SPDR SERIES TRUST	SPYD	$6.1M	133,365	0.47%	+0.03pp	24q	+6.5%+$367.5K
WISDOMTREE TR	DGRW	$6.0M	61,399	0.46%	+0.02pp	18q	-4.1%-$257.4K
VANGUARD INTL EQUITY INDEX F	VEU	$5.8M	69,698	0.45%	-0.02pp	24q	-9.4%-$597.2K
SPDR SERIES TRUST	SPTM	$5.6M	60,491	0.43%	+0.03pp	24q	HELD
WISDOMTREE TR	IQDG	$5.4M	127,079	0.42%	-0.03pp	24q	-10.7%-$647.3K
WALMART INC	WMT	$5.4M	52,018	0.42%	-0.01pp	24q	+1.2%+$64.2K
SCHWAB STRATEGIC TR	SCHF	$5.1M	187,247	0.40%	-0.01pp	20q	-7.1%-$393.3K
ISHARES TR	ISTB	$4.8M	102,265	0.37%	-0.06pp	19q	-17.5%-$1.0M
SPDR SERIES TRUST	HYMB	$4.8M	205,861	0.37%	-0.01pp	24q	-1.6%-$79.6K
JOHNSON & JOHNSON	JNJ	$4.7M	17,752	0.36%	-0.01pp	24q	-11.0%-$579.8K
KLA CORP	KLAC	$4.5M	23,024	0.35%	-0.18pp	24q	-3.3%-$153.6K
CHEVRON CORPORATION	CVX	$4.5M	21,823	0.34%	+0.06pp	24q	-7.1%-$341.9K
FRANKLIN TEMPLETON ETF TR	FLMI	$4.4M	186,904	0.34%	+0.21pp	3q	+178.3%+$2.8M
MASTERCARD INCORPORATED	MA	$4.2M	7,685	0.33%	+0.02pp	24q	-7.8%-$358.5K
SPDR SERIES TRUST	SPHY	$4.1M	182,714	0.32%	+0.03pp	12q	+7.9%+$301.7K
SPDR SERIES TRUST	SPSB	$4.1M	137,653	0.32%	+0.04pp	24q	+9.0%+$335.3K
TJX COS INC NEW	TJX	$4.0M	30,046	0.31%	+0.01pp	14q	+10.1%+$363.1K
JPMORGAN CHASE & CO	JPM	$4.0M	11,956	0.31%	flat	24q	-7.6%-$325.9K
ISHARES TR	USMV	$3.6M	37,210	0.28%	+0.02pp	24q	HELD
VANGUARD WHITEHALL FDS	VYM	$3.6M	23,327	0.28%	+0.02pp	24q	+1.5%+$54.3K
DUKE ENERGY CORP NEW	DUK	$3.6M	31,546	0.28%	-0.02pp	24q	-3.5%-$132.1K
ELI LILLY & CO	LLY	$3.6M	3,097	0.28%	-0.01pp	20q	-6.5%-$247.6K
GILEAD SCIENCES INC	GILD	$3.5M	23,678	0.27%	+0.04pp	24q	-7.9%-$304.7K
MCKESSON CORP	MCK	$3.5M	4,098	0.27%	+0.02pp	24q	-9.3%-$360.3K
INNOVATOR ETFS TRUST	BALT	$3.4M	97,593	0.26%	+0.06pp	7q	+17.7%+$514.0K
VANGUARD INDEX FDS	VUG	$3.4M	37,197	0.26%	-0.47pp	24q	-67.7%-$7.0M
ISHARES TR	MUB	$3.3M	32,715	0.26%	-0.05pp	24q	-16.7%-$661.5K
MERCK & CO INC	MRK	$3.2M	22,269	0.25%	-0.01pp	18q	-19.6%-$787.6K
ISHARES TR	SUSA	$3.2M	20,768	0.25%	+0.02pp	13q	HELD
ISHARES TR	STIP	$3.2M	32,104	0.25%	+0.03pp	13q	+8.4%+$247.9K
ISHARES TR	LDRC	$3.2M	128,173	0.24%	+0.03pp	5q	+7.8%+$228.8K
BLACKROCK INC	BLK	$3.1M	2,924	0.24%	+0.02pp	8q	-4.8%-$157.7K
ISHARES TR	IVV	$3.1M	4,019	0.24%	+0.02pp	24q	HELD
ARISTA NETWORKS INC	ANET	$3.1M	15,063	0.24%	-0.04pp	8q	-32.6%-$1.5M
COSTCO WHOLESALE CORPORATION	COST	$3.1M	3,361	0.24%	+0.04pp	7q	+15.3%+$405.0K
ISHARES TR	AGG	$3.0M	32,251	0.24%	+0.01pp	24q	+4.3%+$125.5K
BANK OF NY MELLON CORP	BNY	$3.0M	20,713	0.23%	-0.01pp	12q	-9.0%-$295.3K
VANGUARD INDEX FDS	VBR	$3.0M	12,821	0.23%	-0.16pp	24q	-41.0%-$2.1M
ISHARES TR	ESGU	$2.9M	17,568	0.23%	+0.01pp	24q	-2.5%-$74.9K
SALESFORCE INC	CRM	$2.9M	12,731	0.23%	+0.06pp	24q	-11.8%-$390.3K
SPDR SERIES TRUST	SPAB	$2.9M	118,896	0.22%	flat	24q	-0.5%-$14.7K
VANGUARD CHARLOTTE FDS	BNDX	$2.9M	61,718	0.22%	-0.23pp	24q	-51.4%-$3.1M
AIM ETF PRODUCTS TRUST ALLIANZIM BUF 15	SPBU	$2.9M	94,174	0.22%	+0.03pp	6q	+5.2%+$143.4K
MEDTRONIC PLC	MDT	$2.8M	32,324	0.22%	flat	24q	-14.5%-$474.7K
CISCO SYS INC	CSCO	$2.8M	25,913	0.22%	-0.04pp	24q	-13.3%-$429.1K
ISHARES TR	IWF	$2.8M	22,102	0.21%	flat	17q	-8.6%-$261.3K
CATERPILLAR INC	CAT	$2.8M	3,403	0.21%	-0.07pp	24q	-7.1%-$210.0K
ENBRIDGE INC	ENB	$2.7M	58,294	0.21%	-0.01pp	24q	+2.9%+$75.7K
AMPHENOL CORP	APH	$2.6M	30,449	0.20%	+0.01pp	4q	+4.9%+$120.6K
RTX CORPORATION	RTX	$2.6M	13,759	0.20%	+0.01pp	24q	-1.1%-$27.7K
PROCTER & GAMBLE CO	PG	$2.5M	17,522	0.20%	-0.04pp	24q	-19.4%-$611.5K
VANGUARD SPECIALIZED FUNDS	VIG	$2.5M	10,898	0.20%	flat	24q	-4.7%-$126.7K
BLACKSTONE INC	BX	$2.5M	22,462	0.19%	-0.01pp	18q	-6.0%-$162.1K
HOME DEPOT INC	HD	$2.5M	8,813	0.19%	-0.05pp	24q	-6.9%-$186.9K
SPROTT ASSET MANAGEMENT LP	CEF	$2.5M	60,269	0.19%	+0.02pp	24q	HELD
VANGUARD INDEX FDS	VB	$2.5M	8,699	0.19%	flat	24q	-0.8%-$20.8K
VANGUARD SCOTTSDALE FDS	VCSH	$2.5M	31,765	0.19%	+0.02pp	24q	+9.9%+$220.2K
ISHARES TR	IWD	$2.4M	9,860	0.19%	flat	17q	-9.2%-$247.4K
CORNING INC	GLW	$2.4M	15,725	0.19%	-0.08pp	4q	+11.7%+$253.2K
MCDONALDS CORP	MCD	$2.4M	10,386	0.19%	-0.03pp	24q	-4.7%-$118.0K
VANGUARD MALVERN FDS	VTIP	$2.3M	47,079	0.18%	-0.01pp	24q	-6.7%-$166.1K
AMERICAN TOWER CORP	AMT	$2.3M	14,071	0.18%	flat	24q	-4.9%-$118.2K
AMERICAN CENTY ETF TR	AVUS	$2.2M	17,316	0.17%	+0.02pp	13q	+3.9%+$83.4K
NUSHARES ETF TR	NULV	$2.2M	41,782	0.17%	flat	19q	-9.4%-$227.1K
JANUS DETROIT STR TR	JAAA	$2.2M	42,686	0.17%	+0.03pp	10q	+15.8%+$294.0K
VEEVA SYS INC	VEEV	$2.1M	7,471	0.17%	+0.02pp	12q	-31.5%-$978.5K
VANGUARD INDEX FDS	VXF	$2.1M	9,196	0.16%	flat	24q	HELD
ISHARES TR	IDEV	$2.1M	23,673	0.16%	+0.02pp	13q	+3.9%+$79.1K
ISHARES TR	EFAV	$2.1M	23,129	0.16%	+0.02pp	24q	HELD
ISHARES TR	USHY	$2.1M	58,320	0.16%	+0.04pp	18q	+28.5%+$462.5K
NUSHARES ETF TR	NULG	$2.1M	18,233	0.16%	flat	10q	-2.0%-$42.0K
SPDR SERIES TRUST	SPYM	$2.1M	23,084	0.16%	+0.01pp	24q	-1.3%-$27.4K
SCHWAB STRATEGIC TR	SCHV	$2.1M	61,842	0.16%	flat	17q	+1.1%+$21.6K
CAPITAL ONE FINL CORP	COF	$2.1M	10,655	0.16%	-0.04pp	24q	-21.1%-$549.9K
J P MORGAN EXCHANGE TRADED F	BBAG	$2.0M	46,439	0.16%	-0.02pp	22q	-13.5%-$316.6K
VANGUARD WHITEHALL FDS	VYMI	$2.0M	19,791	0.15%	+0.02pp	22q	+3.3%+$63.8K
JACOBS SOLUTIONS INC	J	$2.0M	14,684	0.15%	flat	10q	-9.5%-$209.1K
CSX CORP	CSX	$2.0M	42,170	0.15%	-0.03pp	24q	-19.3%-$468.1K
VANGUARD MALVERN FDS	VPLS	$1.9M	26,296	0.15%	-	new	NEW
WASTE MGMT INC DEL	WM	$1.9M	9,521	0.15%	-0.02pp	24q	-10.8%-$235.3K
ITT INC	ITT	$1.9M	9,584	0.15%	flat	8q	-6.4%-$132.0K
ISHARES TR	SUSB	$1.9M	77,994	0.15%	-0.10pp	24q	-41.9%-$1.4M
VANGUARD INDEX FDS	VNQ	$1.9M	21,174	0.15%	flat	24q	+1.3%+$24.4K
ISHARES TR	AOA	$1.9M	19,504	0.15%	+0.01pp	24q	HELD
ISHARES TR	ICSH	$1.9M	37,460	0.15%	flat	17q	-2.1%-$40.8K
VANGUARD MUN BD FDS	VTEB	$1.9M	39,799	0.15%	-0.03pp	24q	-14.0%-$307.9K
SCHWAB STRATEGIC TR	SCHB	$1.9M	64,224	0.15%	+0.01pp	13q	HELD
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$1.9M	4,121	0.15%	+0.10pp	4q	+226.3%+$1.3M
SYNOPSYS INC	SNPS	$1.9M	4,279	0.14%	-0.01pp	10q	-8.2%-$165.7K
FEDEX CORP	FDX	$1.9M	6,512	0.14%	-0.01pp	24q	-4.0%-$77.5K
PALANTIR TECHNOLOGIES INC	PLTR	$1.9M	9,897	0.14%	+0.12pp	2q	+267.5%+$1.3M
PEPSICO INC	PEP	$1.8M	14,394	0.14%	-0.02pp	24q	-14.2%-$301.6K
SERVICENOW INC	NOW	$1.8M	13,496	0.14%	+0.02pp	10q	-17.0%-$369.7K
SCHWAB STRATEGIC TR	SCMB	$1.8M	74,717	0.14%	-0.28pp	11q	-66.8%-$3.6M
EATON CORP PLC	ETN	$1.8M	4,177	0.14%	+0.07pp	2q	+91.5%+$857.7K
T MOBILE US INC	TMUS	$1.8M	10,983	0.14%	+0.01pp	14q	+0.7%+$12.1K
NUCOR CORP	NUE	$1.8M	7,621	0.14%	+0.01pp	19q	-3.1%-$56.8K
METLIFE INC	MET	$1.7M	18,558	0.14%	flat	4q	-15.7%-$326.0K
VERIZON COMMUNICATIONS INC	VZ	$1.7M	37,769	0.13%	+0.01pp	4q	-7.3%-$136.3K
VANGUARD BD INDEX FDS	BND	$1.7M	24,437	0.13%	-0.10pp	24q	-44.4%-$1.4M
PAYPAL HLDGS INC	PYPL	$1.7M	32,403	0.13%	+0.02pp	4q	-11.9%-$229.6K
ISHARES TR	ESGD	$1.7M	16,497	0.13%	+0.01pp	20q	HELD
VANGUARD SCOTTSDALE FDS	VMBS	$1.7M	38,163	0.13%	-0.04pp	24q	-25.4%-$576.2K
LPL FINL HLDGS INC	LPLA	$1.7M	5,519	0.13%	-0.01pp	12q	-17.4%-$354.7K
VANGUARD INTL EQUITY INDEX F	VT	$1.7M	10,505	0.13%	+0.01pp	24q	-1.2%-$20.5K
TRANE TECHNOLOGIES PLC	TT	$1.6M	3,632	0.13%	flat	4q	-1.1%-$17.6K
ZOOM COMMUNICATIONS INC	ZM	$1.6M	17,696	0.12%	-0.01pp	4q	-16.9%-$326.9K
SPOTIFY TECHNOLOGY S A	SPOT	$1.5M	3,157	0.12%	+0.01pp	4q	-2.4%-$37.5K
DFA INVT DIMENSIONS GROUP IN	DFAR	$1.5M	63,412	0.12%	-	new	NEW
PPG INDS INC	PPG	$1.5M	14,466	0.12%	-0.01pp	8q	HELD
CAPITAL GROUP CONSERVATIVE E	CGCV	$1.5M	46,907	0.12%	+0.01pp	9q	+3.9%+$56.8K
GOLD COM INC	GOLD	$1.5M	35,200	0.12%	+0.01pp	18q	HELD
BERKSHIRE HATHAWAY INC DEL	BRKA	$1.5M	2	0.12%	-	new	NEW
NUSHARES ETF TR	NUDM	$1.5M	37,313	0.11%	flat	11q	-1.0%-$14.5K
NETFLIX INC.	NFLX	$1.5M	21,257	0.11%	+0.01pp	4q	+1.6%+$22.8K
ISHARES TR	PFF	$1.4M	48,645	0.11%	+0.03pp	24q	+29.6%+$327.7K
ISHARES TR	EFA	$1.4M	13,619	0.11%	+0.01pp	13q	HELD
ISHARES TR	IJH	$1.4M	19,585	0.11%	flat	14q	HELD
SSGA ACTIVE ETF TR	ULST	$1.4M	34,944	0.11%	+0.01pp	24q	+7.3%+$95.9K
VANGUARD INDEX FDS	VOO	$1.4M	1,998	0.11%	+0.03pp	24q	+22.0%+$252.3K
SCHWAB STRATEGIC TR	SCHG	$1.3M	37,241	0.10%	flat	17q	-11.6%-$176.3K
THE CIGNA GROUP	CI	$1.3M	4,739	0.10%	flat	24q	HELD
CAPITAL GROUP GROWTH ETF	CGGR	$1.2M	26,260	0.10%	+0.01pp	13q	+3.4%+$40.5K
SCHWAB STRATEGIC TR	FNDA	$1.2M	34,806	0.09%	flat	13q	HELD
ISHARES TR	IVW	$1.2M	8,484	0.09%	+0.03pp	13q	+34.4%+$308.8K
ISHARES INC	IEMG	$1.2M	14,421	0.09%	-0.02pp	13q	-18.0%-$256.4K
ISHARES TR	IXUS	$1.1M	12,038	0.09%	+0.01pp	24q	+2.4%+$27.2K
J P MORGAN EXCHANGE TRADED F	JEPI	$1.1M	20,269	0.09%	+0.02pp	10q	+15.3%+$151.4K
VANGUARD BD INDEX FDS	BIV	$1.1M	15,545	0.09%	flat	24q	-1.7%-$20.0K
JANUS DETROIT STR TR	JBBB	$1.1M	23,722	0.09%	+0.04pp	10q	+69.0%+$457.4K
INNOVATOR ETFS TRUST	SFLR	$1.1M	28,537	0.09%	-0.02pp	7q	-24.5%-$360.4K
DIMENSIONAL ETF TRUST	DFAI	$1.1M	26,346	0.08%	-0.21pp	23q	-73.1%-$3.0M
CAPITAL GRP FIXED INCM ETF T	CGSD	$1.1M	42,802	0.08%	+0.01pp	13q	+9.6%+$95.1K
J P MORGAN EXCHANGE TRADED F	JPST	$1.1M	21,173	0.08%	+0.01pp	24q	+9.6%+$93.6K
PIMCO ETF TR	PYLD	$1.0M	40,293	0.08%	-	new	NEW
BERKSHIRE HATHAWAY INC DEL	BRKB	$996.1K	2,000	0.08%	flat	24q	-8.1%-$87.7K
ADVANCED MICRO DEVICES INC	AMD	$990.4K	1,619	0.08%	+0.01pp	6q	+7.7%+$71.0K
ISHARES TR	AOM	$947.5K	19,439	0.07%	flat	9q	+1.3%+$11.7K
VANGUARD WORLD FD	VDE	$937.2K	5,444	0.07%	+0.01pp	6q	-4.3%-$42.3K
SPDR SERIES TRUST	SPSM	$926.0K	17,518	0.07%	flat	24q	+2.5%+$22.3K
BANK OF AMER CORP	BAC	$923.3K	16,962	0.07%	-0.02pp	23q	-19.6%-$225.2K
ALPHABET INC	GOOG	$897.1K	2,633	0.07%	-0.04pp	20q	-38.8%-$569.0K
ISHARES TR	SUB	$894.5K	8,556	0.07%	+0.01pp	24q	+15.5%+$120.1K
DIMENSIONAL ETF TRUST	DFAU	$893.9K	17,071	0.07%	-0.07pp	23q	-52.7%-$994.1K
FIDELITY MERRIMACK STR TR	FBND	$871.5K	20,126	0.07%	+0.01pp	14q	+7.5%+$61.0K
ISHARES TR	ITOT	$860.7K	5,176	0.07%	flat	14q	-3.3%-$29.3K
ISHARES TR	ESML	$858.1K	16,503	0.07%	-0.01pp	24q	-12.6%-$123.3K
VANGUARD INDEX FDS	VV	$848.0K	2,410	0.07%	flat	9q	-2.0%-$17.2K
SCHWAB STRATEGIC TR	SCHX	$815.5K	27,185	0.06%	flat	20q	-1.5%-$12.5K
BONDBLOXX ETF TRUST	XEMD	$801.7K	18,655	0.06%	flat	10q	+3.2%+$24.8K
STATE STR SPDR S&P MIDCAP 40	MDY	$793.3K	1,208	0.06%	flat	12q	-1.4%-$11.2K
VANGUARD WORLD FD	VSGX	$785.7K	9,692	0.06%	-0.04pp	19q	-40.9%-$544.5K
ISHARES TR	IEFA	$776.5K	8,015	0.06%	+0.01pp	9q	+18.7%+$122.4K
ISHARES TR	IVE	$774.2K	3,391	0.06%	+0.02pp	13q	+28.8%+$173.1K
GRACO INC	GGG	$772.1K	10,048	0.06%	flat	24q	HELD
ISHARES TR	IAGG	$755.2K	15,349	0.06%	-0.01pp	24q	-17.8%-$163.3K
BONDBLOXX ETF TRUST	TAXX	$745.4K	14,952	0.06%	-0.04pp	7q	-45.8%-$631.0K
NORTHERN FDS	TIPC	$740.9K	8,000	0.06%	-	new	NEW
BONDBLOXX ETF TRUST	XBB	$703.8K	17,811	0.05%	+0.01pp	10q	+22.5%+$129.5K
VANGUARD WORLD FD	VGT	$694.1K	5,523	0.05%	+0.01pp	8q	+0.9%+$6.4K
SCHWAB STRATEGIC TR	SCHD	$692.7K	21,294	0.05%	-0.01pp	17q	-19.6%-$168.9K
ACCENTURE PLC IRELAND	ACN	$674.9K	3,681	0.05%	+0.02pp	24q	-0.5%-$3.5K
INVESCO QQQ TR	QQQ	$651.9K	881	0.05%	+0.03pp	12q	+107.3%+$337.4K
EXXONMOBIL HOLDINGS CORP	XOM	$649.6K	3,991	0.05%	-	new	NEW
ISHARES TR	IWM	$645.8K	2,324	0.05%	flat	13q	HELD
ISHARES INC	ESGE	$643.6K	11,884	0.05%	flat	10q	-3.1%-$20.7K
ISHARES TR	EFV	$638.4K	8,067	0.05%	flat	13q	+1.4%+$9.0K
VANGUARD WORLD FD	VAW	$630.1K	2,888	0.05%	flat	6q	-3.7%-$24.0K
ISHARES TR	HDV	$618.3K	22,115	0.05%	flat	12q	HELD
ISHARES GOLD TR	IAU	$612.8K	7,847	0.05%	+0.01pp	22q	+6.6%+$38.0K
VANGUARD INDEX FDS	VO	$609.3K	7,770	0.05%	flat	13q	+1.1%+$6.7K
AMERICAN CENTY ETF TR	AVUV	$587.9K	4,992	0.05%	flat	8q	-2.5%-$15.2K
HARBOR ETF TRUST	HGER	$572.4K	16,233	0.04%	+0.01pp	9q	-11.5%-$74.3K
ISHARES TR	EAGG	$565.4K	12,496	0.04%	-	new	NEW
CALAMOS ETF TR	CBOL	$541.8K	22,513	0.04%	flat	3q	HELD
WISDOMTREE TR	USFR	$535.6K	10,630	0.04%	flat	17q	-2.4%-$13.0K
VANGUARD WORLD FD	MGK	$517.2K	5,582	0.04%	flat	11q	+1.2%+$6.3K
STATE STR SPDR DOW JONES IND	DIA	$501.9K	987	0.04%	flat	12q	+7.3%+$34.1K
ISHARES TR	ITA	$499.7K	2,412	0.04%	flat	5q	HELD
WW GRAINGER INC	GWW	$498.3K	400	0.04%	flat	13q	-0.7%-$3.7K
ABBVIE INC	ABBV	$492.5K	1,883	0.04%	flat	24q	-10.5%-$57.8K
SPDR SERIES TRUST	SLYV	$478.4K	4,684	0.04%	flat	24q	+2.0%+$9.4K
VANGUARD ADMIRAL FDS INC	IVOO	$475.0K	3,901	0.04%	flat	16q	-2.1%-$10.1K
ISHARES TR	IGSB	$466.2K	9,100	0.04%	flat	20q	HELD
INNOVATOR ETFS TRUST	QFLR	$464.0K	12,856	0.04%	flat	3q	HELD
ISHARES TR	IJR	$457.8K	3,365	0.04%	flat	15q	+15.6%+$61.8K
NUSHARES ETF TR	NUEM	$451.2K	10,593	0.03%	flat	10q	-5.2%-$24.7K
CONSTELLATION ENERGY CORP	CEG	$447.1K	1,760	0.03%	flat	11q	-17.5%-$94.8K
ORACLE CORP	ORCL	$442.4K	3,222	0.03%	flat	21q	-6.8%-$32.4K
ISHARES TR	REET	$439.4K	17,046	0.03%	flat	6q	+1.0%+$4.5K
INTEL CORP	INTC	$418.8K	3,483	0.03%	-0.01pp	3q	-13.1%-$63.2K
GLOBAL X FDS	SHLD	$415.5K	6,916	0.03%	flat	5q	-8.5%-$38.8K
SCHWAB STRATEGIC TR	FNDX	$409.7K	13,020	0.03%	flat	9q	HELD
SPDR SERIES TRUST	PSK	$408.0K	14,398	0.03%	flat	19q	HELD
ISHARES TR	EFG	$407.4K	3,400	0.03%	flat	13q	-1.7%-$7.2K
VANGUARD WORLD FD	ESGV	$400.2K	2,953	0.03%	-0.19pp	23q	-87.3%-$2.7M
AMERICAN CENTY ETF TR	AVLV	$390.7K	4,320	0.03%	flat	8q	HELD
ISHARES TR	IVLU	$387.6K	9,036	0.03%	flat	20q	HELD
COCA COLA CO	KO	$376.6K	4,375	0.03%	flat	19q	-23.7%-$116.9K
SSGA ACTIVE ETF TR	SRLN	$364.4K	9,021	0.03%	flat	10q	+0.6%+$2.1K
CAPITAL GRP FIXED INCM ETF T	CGMU	$362.0K	13,955	0.03%	flat	11q	+1.3%+$4.6K
LANDMARK BANCORP INC	LARK	$358.5K	11,567	0.03%	flat	10q	HELD
INVESCO EXCH TRD SLF IDX FD	BSMS	$358.3K	15,716	0.03%	+0.01pp	18q	+42.5%+$106.9K
INVESCO EXCH TRD SLF IDX FD	BSMR	$358.1K	15,395	0.03%	+0.01pp	18q	+53.6%+$125.0K
VISA INC	V	$357.9K	996	0.03%	flat	19q	-17.8%-$77.3K
VANGUARD WORLD FD	VOX	$353.7K	1,856	0.03%	flat	6q	-5.7%-$21.5K
CALAMOS ETF TR	CBTL	$343.6K	17,310	0.03%	+0.01pp	4q	+6.5%+$20.9K
SPDR SERIES TRUST	SDY	$340.8K	2,327	0.03%	flat	20q	HELD
WISDOMTREE TR	EPS	$336.6K	4,210	0.03%	flat	24q	HELD
EVERGY INC	EVRG	$334.4K	4,263	0.03%	flat	17q	HELD
SCHWAB STRATEGIC TR	SCHO	$321.4K	13,470	0.02%	flat	12q	HELD
GOLDMAN SACHS ETF TR	GBIL	$319.6K	3,192	0.02%	flat	3q	HELD
GOLDMAN SACHS ETF TR	GSST	$316.8K	6,278	0.02%	-	new	NEW
INVESCO EXCH TRD SLF IDX FD	BSMT	$314.8K	14,141	0.02%	+0.01pp	18q	+43.2%+$95.0K
ISHARES TR	VLUE	$310.2K	1,567	0.02%	flat	21q	HELD
ISHARES TR	MTUM	$307.8K	970	0.02%	flat	24q	HELD
ISHARES TR	IWO	$303.2K	850	0.02%	flat	13q	HELD
VANGUARD WORLD FD	MGC	$301.4K	1,068	0.02%	flat	13q	-1.7%-$5.1K
ISHARES TR	USRT	$301.1K	4,890	0.02%	flat	24q	-10.0%-$33.4K
VANGUARD BD INDEX FDS	BLV	$295.9K	4,718	0.02%	flat	9q	+1.9%+$5.4K
ISHARES TR	AOR	$292.9K	4,274	0.02%	flat	6q	+1.0%+$2.8K
EXELON CORP	EXC	$291.9K	7,226	0.02%	flat	11q	-1.3%-$3.9K
INNOVATOR ETFS TRUST	ZJAN	$289.3K	10,175	0.02%	flat	3q	HELD
VANGUARD WHITEHALL FDS	VIGI	$283.0K	2,997	0.02%	flat	11q	-6.4%-$19.4K
ISHARES INC	ACWV	$268.3K	2,186	0.02%	flat	18q	HELD
INNOVATOR ETFS TRUST	ZFEB	$263.8K	10,003	0.02%	-0.01pp	7q	-37.7%-$159.9K
VANGUARD ADMIRAL FDS INC	VOOV	$261.1K	1,185	0.02%	flat	6q	-4.8%-$13.2K
DEERE CO	DE	$260.6K	388	0.02%	flat	7q	-4.7%-$12.8K
ISHARES TR	ACWI	$256.7K	1,617	0.02%	flat	6q	HELD
INVESCO EXCH TRD SLF IDX FD	BSMY	$256.4K	11,285	0.02%	-	new	NEW
INNOVATOR ETFS TRUST	UFEB	$253.3K	6,410	0.02%	flat	6q	HELD
SPDR GOLD TR	GLD	$249.8K	656	0.02%	flat	8q	-13.0%-$37.3K
DIMENSIONAL ETF TRUST	DFAE	$249.7K	6,352	0.02%	-0.19pp	23q	-91.1%-$2.6M
ISHARES TR	IWN	$247.8K	1,183	0.02%	flat	5q	HELD
NRG ENERGY INC	NRG	$242.5K	2,535	0.02%	-0.01pp	18q	-7.4%-$19.4K
INVESCO EXCH TRD SLF IDX FD	BSMV	$240.7K	12,100	0.02%	flat	18q	+26.4%+$50.3K
DIMENSIONAL ETF TRUST	DFAT	$238.6K	3,591	0.02%	flat	7q	-10.8%-$28.8K
DIMENSIONAL ETF TRUST	DFUV	$232.9K	4,235	0.02%	flat	7q	-1.4%-$3.2K
MOTOROLA SOLUTIONS INC	MSI	$232.8K	522	0.02%	flat	10q	-4.2%-$10.3K
OSHKOSH CORP	OSK	$232.8K	1,807	0.02%	flat	5q	HELD
INVESCO EXCH TRD SLF IDX FD	BSSX	$229.6K	9,538	0.02%	-	new	NEW
NEXTERA ENERGY INC	NEE	$227.8K	3,007	0.02%	-0.01pp	8q	-14.9%-$40.0K
STRYKER CORPORATION	SYK	$227.7K	827	0.02%	flat	13q	-3.3%-$7.7K
VANGUARD INDEX FDS	VOE	$223.3K	1,142	0.02%	flat	5q	-2.2%-$5.1K
GLOBAL X FDS	SDEM	$221.0K	6,705	0.02%	flat	3q	-3.7%-$8.6K
ONEOK INC NEW	OKE	$217.4K	2,550	0.02%	-	new	NEW
ISHARES TR	IUSG	$215.9K	1,114	0.02%	flat	2q	HELD
INVESCO EXCH TRD SLF IDX FD	BSMZ	$214.6K	9,119	0.02%	-	new	NEW
DIMENSIONAL ETF TRUST	DFIV	$212.3K	3,800	0.02%	flat	7q	-8.1%-$18.6K
VANGUARD INTL EQUITY INDEX F	VSS	$208.2K	1,341	0.02%	-0.02pp	23q	-52.6%-$231.5K
UNITEDHEALTH GROUP INC	UNH	$205.4K	560	0.02%	-0.01pp	4q	-30.8%-$91.3K
SPDR INDEX SHS FDS	EWX	$203.0K	2,855	0.02%	flat	2q	+4.0%+$7.7K
ISHARES TR	IWP	$201.6K	1,464	0.02%	flat	2q	+2.7%+$5.2K

By sector

Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.

Sector	Value	Share
Software & IT Services	$46.4M	3.6%
Retail & Consumer	$27.5M	2.1%
Semiconductors & Electronics	$27.3M	2.1%
Computer Hardware	$22.3M	1.7%
Other sectors	$127.5M	9.9%
Not classified	$1.0B	80.6%

What the disclosed book did

This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.

Quarter	Book	Market	Difference	Priced
Q3 2026	-0.7%	+2.1%	-2.8%	100%
Q2 2026	+7.4%	+14.8%	-7.4%	100%
Q1 2026	-1.2%	-4.6%	+3.4%	100%
Q4 2025	+1.5%	+2.4%	-0.8%	100%
Q3 2025	+5.0%	+7.8%	-2.8%	99%
Q2 2025	+6.4%	+10.5%	-4.1%	99%
Q1 2025	-0.8%	-4.6%	+3.8%	99%
Q4 2024	-1.9%	+2.1%	-4.0%	99%

Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.

Quarter by quarter

Quarter	Value	Positions	New	Added	Trimmed	Exited	Top 10	Days to file
Q3 2026	$1.3B	297	12	86	154	37	38.6%	21
Q2 2026	$1.4B	322	12	113	130	7	37.1%	6
Q1 2026	$1.3B	317	13	121	126	9	36.3%	13
Q4 2025	$1.3B	313	20	138	109	11	37.7%	5
Q3 2025	$1.2B	304	16	119	108	8	37.3%	9
Q2 2025	$1.1B	296	19	128	99	12	36.8%	15
Q1 2025	$1.0B	289	13	120	120	9	34.0%	10
Q4 2024	$1.0B	285	24	133	90	15	33.4%	15
Q3 2024	$994.4M	276	17	159	53	8	33.5%	17
Q2 2024	$859.2M	267	22	140	68	6	32.5%	10
Q1 2024	$787.9M	251	13	123	83	6	32.7%	12
Q4 2023	$722.0M	244	15	86	123	24	30.5%	5
Q3 2023	$743.0M	253	29	166	37	2	28.3%	13
Q2 2023	$697.0M	226	17	131	62	8	28.3%	10
Q1 2023	$634.6M	217	8	135	56	8	28.4%	4
Q4 2022	$568.3M	217	13	137	56	21	27.8%	9
Q3 2022	$398.7M	225	29	146	34	9	25.4%	18
Q2 2022	$354.8M	205	30	105	53	41	26.8%	27
Q1 2022	$401.3M	216	23	106	71	21	26.4%	4
Q4 2021	$384.2M	214	29	139	33	13	27.5%	14
Q3 2021	$306.1M	198	8	122	51	17	25.8%	7
Q2 2021	$316.6M	207	14	155	23	5	25.2%	21
Q1 2021	$278.0M	198	17	92	71	10	26.4%	20
Q4 2020	$249.9M	191	0	0	0	0	26.2%	26

Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.

Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.

Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.