DaveManuel.com · Institutional Ownership · 13F Holdings

MERCER GLOBAL ADVISORS INC /ADV

Reported holdings as of Q2 2026, from 30 quarterly filings.

CIK

853758

Reported value

$80.9B

Positions

3,590

Top 10 weight

36.1%

Filed

2026-08-19

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
ISHARES TR	AGG	$4.5B	44,994,014	5.50%	-0.28pp	30q	+14.3%+$558.8M
VANGUARD BD INDEX FDS	BSV	$3.9B	50,651,293	4.88%	-0.40pp	30q	+11.5%+$406.8M
VANGUARD INDEX FDS	VOO	$3.8B	5,462,185	4.64%	-0.01pp	30q	+3.9%+$139.6M
DIMENSIONAL ETF TRUST	DFAC	$3.2B	73,219,086	4.01%	-0.03pp	21q	+4.2%+$129.8M
ISHARES TR	MTUM	$2.8B	8,117,410	3.44%	+0.46pp	30q	-3.2%-$93.1M
VANGUARD TAX-MANAGED FDS	VEA	$2.6B	36,559,773	3.22%	-0.17pp	30q	+2.3%+$58.5M
DIMENSIONAL ETF TRUST	DFUV	$2.4B	43,369,886	2.95%	-0.09pp	17q	+2.4%+$56.8M
DIMENSIONAL ETF TRUST	DUHP	$2.2B	51,655,115	2.66%	+0.01pp	16q	+6.0%+$122.0M
APPLE INC CALL+PUT	AAPL	$2.0B	6,988,551	2.50%	+0.01pp	7q	+4.8%+$93.2M
VANGUARD CHARLOTTE FDS	BNDX	$1.9B	39,340,451	2.35%	-0.23pp	30q	+8.4%+$148.1M
DIMENSIONAL ETF TRUST	DFIC	$1.5B	41,492,937	1.91%	-0.11pp	15q	+7.9%+$113.0M
NVIDIA CORPORATION CALL+PUT	NVDA	$1.5B	7,685,771	1.90%	+0.10pp	30q	+7.1%+$102.6M
ISHARES TR	IMTM	$1.4B	25,849,053	1.70%	flat	30q	+7.7%+$98.2M
DIMENSIONAL ETF TRUST	DFIV	$1.3B	23,955,107	1.60%	-0.14pp	20q	+7.6%+$91.5M
DIMENSIONAL ETF TRUST	DIHP	$1.2B	35,612,854	1.50%	-0.04pp	16q	+10.2%+$112.0M
AMERICAN CENTY ETF TR	AVSC	$1.1B	15,209,879	1.38%	+0.01pp	7q	+2.4%+$26.1M
ISHARES TR	MUB	$1.1B	10,361,448	1.38%	-0.09pp	30q	+10.7%+$108.0M
ISHARES TR	SUB	$1.1B	10,432,746	1.37%	-0.08pp	26q	+13.4%+$131.6M
VANGUARD INDEX FDS	VB	$1.0B	3,420,614	1.28%	-0.01pp	30q	+2.8%+$27.8M
VANGUARD INTL EQUITY INDEX F	VWO	$988.1M	16,554,553	1.22%	-0.11pp	30q	HELD
AMERICAN CENTY ETF TR	AVEM	$962.1M	9,970,793	1.19%	+0.01pp	7q	+0.8%+$7.9M
ISHARES TR	IVV	$954.7M	1,274,862	1.18%	+0.43pp	30q	+65.0%+$376.1M
MICROSOFT CORP CALL+PUT	MSFT	$808.4M	2,166,180	1.00%	-0.10pp	30q	+7.3%+$54.9M
AMAZON COM INC CALL+PUT	AMZN	$582.6M	2,444,026	0.72%	+0.04pp	7q	+10.2%+$53.7M
VANGUARD MUN BD FDS	VTEB	$580.7M	11,479,867	0.72%	-0.08pp	30q	+6.0%+$32.8M
ALPHABET INC CALL	GOOGL	$574.2M	1,605,150	0.71%	+0.05pp	30q	+4.1%+$22.6M
VANGUARD INDEX FDS PUT	VTI	$569.5M	1,539,100	0.70%	-0.28pp	30q	-25.7%-$196.6M
ALPHABET INC PUT	GOOG	$525.8M	1,487,716	0.65%	+0.05pp	30q	+5.4%+$27.1M
BROADCOM INC CALL+PUT	AVGO	$465.2M	1,231,090	0.57%	+0.04pp	30q	+4.1%+$18.4M
MICRON TECHNOLOGY INC CALL+PUT	MU	$459.1M	397,223	0.57%	+0.37pp	30q	HELD
VANGUARD WHITEHALL FDS	VYM	$455.7M	2,883,738	0.56%	-0.03pp	30q	+6.5%+$28.0M
VANGUARD INDEX FDS	VXF	$451.4M	1,833,274	0.56%	+0.15pp	30q	+36.7%+$121.2M
ISHARES TR	IEFA	$429.8M	4,450,490	0.53%	-0.09pp	30q	-4.0%-$18.1M
STATE STR SPDR S&P 500 ETF T CALL+PUT	SPY	$411.2M	550,225	0.51%	+0.03pp	30q	+8.8%+$33.2M
DIMENSIONAL ETF TRUST	DFCA	$385.3M	7,677,438	0.48%	-0.04pp	12q	+9.3%+$32.6M
DIMENSIONAL ETF TRUST	DFUS	$322.0M	3,929,304	0.40%	+0.04pp	21q	+15.8%+$43.8M
JPMORGAN CHASE & CO PUT	JPM	$311.1M	950,438	0.38%	+0.02pp	30q	+13.5%+$37.0M
INVESCO QQQ TR CALL+PUT	QQQ	$301.3M	408,843	0.37%	+0.08pp	7q	+17.8%+$45.5M
META PLATFORMS INC CALL+PUT	META	$300.2M	532,588	0.37%	-0.03pp	30q	+12.1%+$32.4M
BERKSHIRE HATHAWAY INC DEL	BRKB	$296.3M	592,066	0.37%	-0.03pp	7q	+5.0%+$14.0M
ISHARES TR	IWB	$295.4M	721,484	0.37%	-0.05pp	30q	-8.1%-$25.9M
SCHWAB STRATEGIC TR	SCHX	$284.7M	9,672,309	0.35%	-0.02pp	30q	-2.6%-$7.5M
TESLA INC PUT	TSLA	$273.4M	649,933	0.34%	+0.02pp	30q	+10.7%+$26.4M
LAM RESEARCH CORP PUT	LRCX	$262.9M	606,442	0.32%	+0.12pp	7q	-4.8%-$13.4M
INTEL CORP	INTC	$255.5M	1,830,116	0.32%	+0.15pp	30q	-27.3%-$96.0M
ISHARES TR	QUAL	$254.3M	1,158,867	0.31%	-0.02pp	30q	HELD
ADVANCED MICRO DEVICES INC	AMD	$247.6M	426,204	0.31%	+0.22pp	7q	+52.8%+$85.5M
SCHWAB STRATEGIC TR	SCHF	$241.2M	8,707,217	0.30%	-0.03pp	30q	-2.2%-$5.4M
JOHNSON & JOHNSON	JNJ	$236.6M	931,576	0.29%	-0.04pp	30q	+2.3%+$5.2M
EXXON MOBIL CORP	XOM	$232.7M	1,702,297	0.29%	-0.11pp	30q	+8.1%+$17.5M
ELI LILLY & CO	LLY	$227.6M	189,731	0.28%	+0.04pp	30q	+8.4%+$17.6M
ISHARES TR	VLUE	$225.3M	1,127,613	0.28%	+0.03pp	30q	-4.6%-$10.9M
WALMART INC	WMT	$224.3M	1,980,005	0.28%	-0.07pp	30q	+5.5%+$11.7M
APPLIED MATLS INC	AMAT	$206.9M	286,104	0.26%	+0.11pp	7q	+2.8%+$5.6M
ISHARES TR	IWF	$204.1M	1,643,658	0.25%	-0.01pp	30q	+0.7%+$1.4M
ISHARES TR	IJR	$203.4M	1,371,731	0.25%	+0.01pp	30q	+3.5%+$6.8M
CATERPILLAR INC	CAT	$201.6M	189,337	0.25%	+0.08pp	30q	+20.8%+$34.7M
ISHARES TR	EAGG	$201.4M	4,247,541	0.25%	-0.02pp	24q	+11.0%+$19.9M
VANGUARD STAR FDS	VXUS	$189.0M	2,210,219	0.23%	+0.18pp	30q	+342.3%+$146.2M
ISHARES INC	IEMG	$185.3M	2,236,895	0.23%	-0.02pp	30q	-7.5%-$15.0M
KLA CORP	KLAC	$179.1M	593,590	0.22%	+0.08pp	30q	-8.3%-$16.1M
SELECT SECTOR SPDR TR	XLK	$177.2M	930,104	0.22%	+0.07pp	30q	+22.4%+$32.4M
CISCO SYS INC	CSCO	$172.5M	1,468,436	0.21%	+0.04pp	30q	-2.7%-$4.8M
ISHARES TR	IDV	$166.6M	4,022,070	0.21%	-0.04pp	29q	+3.8%+$6.1M
VANGUARD WORLD FD	VGT	$165.2M	1,382,213	0.20%	+0.03pp	30q	+3.0%+$4.9M
ISHARES TR CALL+PUT	IWM	$161.6M	537,633	0.20%	+0.01pp	30q	+3.5%+$5.4M
COSTCO WHOLESALE CORPORATION	COST	$160.6M	171,725	0.20%	-0.02pp	30q	+13.9%+$19.7M
ISHARES TR	EFA	$157.9M	1,520,294	0.20%	-0.04pp	30q	-6.9%-$11.7M
HOME DEPOT INC	HD	$153.6M	435,389	0.19%	flat	30q	+14.5%+$19.5M
ISHARES TR	ESGD	$152.6M	1,484,182	0.19%	-0.01pp	30q	+3.6%+$5.3M
ISHARES TR	IVLU	$144.1M	3,445,556	0.18%	-0.03pp	30q	-1.2%-$1.7M
VANGUARD INDEX FDS PUT	VUG	$140.6M	1,632,494	0.17%	flat	30q	HELD
VANGUARD SPECIALIZED FUNDS	VIG	$140.0M	591,708	0.17%	-0.01pp	30q	+1.1%+$1.5M
ISHARES TR	IBDT	$139.7M	5,532,094	0.17%	-0.03pp	13q	+4.7%+$6.2M
ISHARES TR	ITOT	$138.5M	843,347	0.17%	flat	30q	+1.4%+$1.9M
ABBVIE INC	ABBV	$136.7M	543,313	0.17%	+0.02pp	30q	+15.0%+$17.8M
ISHARES TR	IQLT	$135.5M	2,734,970	0.17%	-0.02pp	30q	HELD
ISHARES TR	IBDS	$134.8M	5,566,800	0.17%	-0.02pp	18q	DEBT
ISHARES TR	IBDU	$134.1M	5,791,658	0.17%	-0.01pp	7q	+15.1%+$17.6M
ISHARES TR	IBDV	$132.6M	6,081,902	0.16%	-0.01pp	10q	+13.2%+$15.4M
VISA INC	V	$131.0M	381,864	0.16%	+0.01pp	30q	+15.9%+$18.0M
ISHARES TR	IJH	$129.0M	1,672,609	0.16%	-0.03pp	30q	-13.8%-$20.6M
VANGUARD WELLINGTON FD	VTES	$127.1M	1,254,555	0.16%	-0.04pp	10q	-5.6%-$7.6M
VANGUARD INDEX FDS	VTV	$126.8M	581,774	0.16%	+0.02pp	30q	+20.9%+$21.9M
CHEVRON CORPORATION PUT	CVX	$125.8M	758,835	0.16%	-0.04pp	30q	+17.3%+$18.5M
AMERICAN CENTY ETF TR	AVUS	$125.8M	982,092	0.16%	-0.01pp	7q	-1.2%-$1.6M
APOGEE THERAPEUTICS INC	APGE	$124.9M	941,283	0.15%	+0.05pp	7q	+13.2%+$14.6M
DIMENSIONAL ETF TRUST	DFAS	$124.1M	1,506,590	0.15%	+0.01pp	21q	+10.9%+$12.2M
DIMENSIONAL ETF TRUST	DFAI	$122.6M	2,972,994	0.15%	+0.01pp	22q	+24.4%+$24.0M
ISHARES TR	USIG	$122.6M	2,389,937	0.15%	+0.06pp	5q	+96.1%+$60.1M
AMPHENOL CORP	APH	$120.8M	685,291	0.15%	+0.01pp	7q	-11.0%-$14.9M
DIMENSIONAL ETF TRUST	DFAT	$117.6M	1,681,761	0.15%	flat	21q	+8.3%+$9.0M
NETFLIX INC.	NFLX	$114.9M	1,609,269	0.14%	-0.09pp	30q	HELD
RAYMOND JAMES FINL INC	RJF	$109.5M	720,078	0.14%	-0.02pp	30q	-1.6%-$1.8M
MERCK & CO INC	MRK	$108.6M	845,459	0.13%	-0.01pp	30q	+7.6%+$7.6M
VANGUARD BD INDEX FDS	BND	$108.5M	1,478,257	0.13%	+0.01pp	30q	+32.5%+$26.6M
QUALCOMM INC PUT	QCOM	$107.7M	582,175	0.13%	+0.02pp	30q	-4.0%-$4.5M
CORNING INC	GLW	$104.9M	410,688	0.13%	+0.06pp	30q	+19.0%+$16.7M
ISHARES TR	IBDR	$104.5M	4,313,634	0.13%	-0.02pp	22q	DEBT
ISHARES TR	IWV	$103.3M	242,291	0.13%	-0.02pp	24q	-12.1%-$14.3M
ISHARES TR	USMV	$103.0M	1,067,976	0.13%	-0.02pp	30q	-0.9%-$956.2K
FIDELITY COVINGTON TRUST	FTEC	$102.1M	357,389	0.13%	+0.01pp	24q	-5.9%-$6.4M
GE AEROSPACE	GE	$100.2M	268,023	0.12%	+0.03pp	20q	+17.4%+$14.9M
TAIWAN SEMICONDUCTOR MANUFAC CALL	TSM	$98.3M	205,659	0.12%	+0.04pp	30q	+21.7%+$17.5M
PROCTER & GAMBLE CO	PG	$97.1M	662,170	0.12%	-0.02pp	30q	+3.7%+$3.5M
ISHARES TR	IGIB	$95.9M	1,802,788	0.12%	+0.12pp	17q	+4800.3%+$93.9M
INTERNATIONAL BUSINESS MACHS	IBM	$95.0M	337,650	0.12%	+0.01pp	30q	+17.4%+$14.1M
VANGUARD INDEX FDS	VO	$94.9M	1,177,558	0.12%	-0.02pp	30q	-11.1%-$11.8M
NUSHARES ETF TR	NUSC	$94.3M	1,809,595	0.12%	flat	20q	+5.1%+$4.6M
CITIGROUP INC	C	$93.0M	664,798	0.11%	flat	30q	+1.0%+$952.3K
SPDR SERIES TRUST	SPYM	$91.5M	1,041,206	0.11%	+0.01pp	24q	+16.8%+$13.2M
ISHARES TR	SUSL	$90.5M	681,991	0.11%	-0.01pp	18q	-3.5%-$3.3M
SCHWAB STRATEGIC TR	SCHD	$89.9M	2,835,812	0.11%	+0.01pp	30q	+23.4%+$17.1M
ISHARES TR	STIP	$87.9M	860,000	0.11%	+0.04pp	22q	+100.3%+$44.0M
SPDR SERIES TRUST	BIL	$87.2M	951,255	0.11%	-0.01pp	30q	+12.3%+$9.6M
ISHARES TR	SHYG	$86.3M	2,034,737	0.11%	-0.01pp	30q	+13.4%+$10.2M
WESTERN DIGITAL CORP CALL	WDC	$85.8M	134,376	0.11%	+0.05pp	23q	-4.8%-$4.4M
WELLS FARGO & CO	WFC	$85.7M	1,037,503	0.11%	+0.01pp	30q	+21.6%+$15.2M
INVESCO EXCH TRADED FD TR II	PWZ	$85.3M	3,478,440	0.11%	flat	7q	+18.3%+$13.2M
ORACLE CORP	ORCL	$85.1M	580,555	0.11%	-0.01pp	30q	+10.9%+$8.3M
BANK OF AMER CORP	BAC	$85.1M	1,492,730	0.11%	+0.01pp	7q	+14.2%+$10.6M
RTX CORPORATION	RTX	$82.4M	434,209	0.10%	+0.01pp	7q	+35.6%+$21.6M
UNITEDHEALTH GROUP INC CALL	UNH	$79.9M	192,112	0.10%	+0.04pp	30q	+28.9%+$17.9M
BANK OF NY MELLON CORP	BNY	$79.3M	548,683	0.10%	flat	7q	-2.1%-$1.7M
VANGUARD INTL EQUITY INDEX F	VEU	$78.9M	942,675	0.10%	+0.04pp	30q	+83.4%+$35.9M
TJX COS INC NEW	TJX	$78.7M	519,261	0.10%	-0.01pp	30q	+17.0%+$11.4M
ISHARES TR	SUSA	$78.0M	505,698	0.10%	+0.02pp	20q	+27.1%+$16.7M
PALO ALTO NETWORKS INC CALL	PANW	$77.0M	225,680	0.10%	+0.05pp	24q	+33.0%+$19.1M
SELECT SECTOR SPDR TR	XLI	$76.7M	414,229	0.09%	+0.01pp	24q	+15.8%+$10.5M
BERKSHIRE HATHAWAY INC DEL	BRKA	$74.9M	100	0.09%	-0.03pp	7q	-10.7%-$9.0M
MASTERCARD INCORPORATED	MA	$74.7M	145,492	0.09%	+0.02pp	30q	+50.6%+$25.1M
GE VERNOVA INC	GEV	$74.5M	63,423	0.09%	+0.03pp	9q	+22.3%+$13.6M
SCHWAB STRATEGIC TR	SCHA	$73.4M	2,030,619	0.09%	flat	30q	+1.1%+$794.1K
ISHARES TR	IAGG	$72.7M	1,436,013	0.09%	+0.01pp	18q	+27.3%+$15.6M
EATON CORP PLC PUT	ETN	$69.8M	163,737	0.09%	+0.01pp	30q	+13.4%+$8.3M
ISHARES TR	IVW	$68.5M	497,843	0.08%	+0.03pp	30q	+42.1%+$20.3M
SPDR SERIES TRUST	SHM	$67.9M	1,415,493	0.08%	-0.03pp	30q	-8.4%-$6.2M
FEDEX CORP	FDX	$67.1M	214,325	0.08%	-0.03pp	30q	+1.2%+$795.7K
SELECT SECTOR SPDR TR	XLF	$66.2M	1,234,286	0.08%	+0.01pp	30q	+23.3%+$12.5M
CUMMINS INC	CMI	$65.8M	92,286	0.08%	+0.02pp	30q	+13.8%+$8.0M
SPDR GOLD TR	GLD	$64.3M	174,567	0.08%	-0.03pp	30q	-0.7%-$443.2K
EOG RES INC	EOG	$63.8M	491,925	0.08%	-0.03pp	30q	-1.2%-$767.2K
ISHARES TR	EFV	$63.8M	832,940	0.08%	+0.02pp	30q	+47.6%+$20.6M
SCHWAB STRATEGIC TR	SCHB	$63.7M	2,198,557	0.08%	-0.02pp	30q	-13.2%-$9.6M
COCA COLA CO	KO	$63.5M	781,203	0.08%	flat	30q	+17.3%+$9.4M
MORGAN STANLEY	MS	$62.5M	298,848	0.08%	+0.02pp	30q	+33.3%+$15.6M
ISHARES TR	IWD	$62.4M	257,408	0.08%	flat	30q	+11.4%+$6.4M
SELECT SECTOR SPDR TR	XLV	$61.3M	386,532	0.08%	+0.01pp	30q	+33.6%+$15.4M
ISHARES TR	BGRN	$61.1M	1,287,316	0.08%	-0.01pp	20q	+6.1%+$3.5M
GOLDMAN SACHS GROUP INC	GS	$60.9M	60,179	0.08%	flat	30q	-5.4%-$3.5M
ALTRIA GROUP INC	MO	$60.2M	836,806	0.07%	-0.01pp	30q	-0.8%-$494.4K
PHILIP MORRIS INTL INC	PM	$60.2M	332,499	0.07%	flat	30q	+15.2%+$7.9M
ISHARES TR	IBTH	$60.1M	2,688,763	0.07%	-0.01pp	10q	+9.0%+$4.9M
AMERICAN EXPRESS CO	AXP	$59.8M	176,701	0.07%	flat	7q	+13.3%+$7.0M
TEXAS INSTRS INC	TXN	$58.8M	197,380	0.07%	+0.03pp	30q	+21.2%+$10.3M
ISHARES TR	IBTI	$58.4M	2,638,111	0.07%	-0.01pp	10q	+9.7%+$5.1M
WISDOMTREE TR	AGGY	$58.0M	1,334,752	0.07%	-0.01pp	24q	+6.1%+$3.3M
ARISTA NETWORKS INC	ANET	$57.8M	340,237	0.07%	+0.01pp	7q	+6.7%+$3.6M
DIMENSIONAL ETF TRUST	DFAE	$57.3M	1,425,068	0.07%	flat	22q	+6.2%+$3.3M
SPOTIFY TECHNOLOGY S A CALL	SPOT	$56.9M	124,002	0.07%	-0.02pp	13q	HELD
ASML HLDG NV	ASML	$56.9M	28,610	0.07%	+0.02pp	30q	+3.8%+$2.1M
CHUBB LIMITED	CB	$56.7M	166,288	0.07%	+0.01pp	30q	+30.8%+$13.4M
PEPSICO INC	PEP	$56.1M	414,308	0.07%	-0.03pp	30q	-1.4%-$811.2K
ISHARES TR	IBTK	$55.9M	2,861,909	0.07%	-0.01pp	10q	+7.9%+$4.1M
ISHARES TR	IBTJ	$55.9M	2,580,593	0.07%	-0.01pp	10q	+10.4%+$5.3M
ISHARES TR	IBTG	$55.8M	2,437,085	0.07%	-0.02pp	10q	-3.4%-$2.0M
ABBOTT LABORATORIES	ABT	$55.3M	609,854	0.07%	-0.01pp	7q	+13.0%+$6.4M
EMERSON ELEC CO	EMR	$55.2M	385,666	0.07%	flat	30q	+13.3%+$6.5M
ISHARES TR	USHY	$54.6M	1,475,495	0.07%	-0.01pp	24q	+5.3%+$2.7M
ISHARES TR	IBMQ	$52.8M	2,063,596	0.07%	-0.01pp	17q	HELD
AMGEN INC	AMGN	$52.7M	145,549	0.07%	-0.01pp	7q	+2.9%+$1.5M
DIMENSIONAL ETF TRUST	DFSB	$52.5M	1,006,647	0.06%	flat	6q	+19.6%+$8.6M
JOHNSON CONTROLS INTERNATION	JCI	$52.4M	358,954	0.06%	flat	30q	+11.4%+$5.4M
VANGUARD INDEX FDS	VV	$51.8M	150,637	0.06%	flat	30q	+3.9%+$1.9M
ISHARES TR	ESGU	$51.5M	314,851	0.06%	+0.01pp	24q	+16.5%+$7.3M
SNAP ON INC	SNA	$51.5M	127,862	0.06%	-0.01pp	30q	-6.1%-$3.4M
ISHARES INC	ESGE	$51.0M	932,491	0.06%	flat	30q	HELD
PNC FINL SVCS GROUP INC	PNC	$50.6M	205,421	0.06%	flat	30q	+7.7%+$3.6M
SCHWAB STRATEGIC TR	SCHE	$50.5M	1,391,990	0.06%	-0.01pp	30q	-3.8%-$2.0M
ISHARES GOLD TR	IAU	$50.4M	667,089	0.06%	-0.03pp	21q	-2.3%-$1.2M
MCDONALDS CORP	MCD	$49.7M	183,849	0.06%	-0.02pp	30q	+2.7%+$1.3M
SELECT SECTOR SPDR TR	XLE	$49.5M	932,699	0.06%	-0.03pp	23q	-2.3%-$1.2M
SEAGATE TECHNOLOGY HLDNGS PL	STX	$49.4M	51,232	0.06%	+0.04pp	21q	+31.7%+$11.9M
VANGUARD BD INDEX FDS	VUSB	$49.2M	987,814	0.06%	+0.06pp	4q	+8528.0%+$48.6M
WISDOMTREE TR	DON	$48.7M	862,327	0.06%	flat	30q	+21.0%+$8.4M
LOCKHEED MARTIN CORP	LMT	$47.5M	93,283	0.06%	-0.02pp	30q	+4.3%+$1.9M
PARKER HANNIFIN CORP	PH	$47.1M	48,149	0.06%	flat	27q	+3.8%+$1.7M
SELECT SECTOR SPDR TR	XLY	$47.1M	401,248	0.06%	flat	30q	+5.0%+$2.2M
ISHARES TR	IBMP	$46.8M	1,841,644	0.06%	-0.01pp	18q	+5.4%+$2.4M
ISHARES TR	IBMS	$45.9M	1,773,721	0.06%	-0.01pp	5q	+1.2%+$556.2K
VERIZON COMMUNICATIONS INC	VZ	$45.3M	1,069,831	0.06%	-0.01pp	30q	+20.7%+$7.8M
VANGUARD WHITEHALL FDS	VYMI	$45.1M	458,817	0.06%	+0.01pp	22q	+27.0%+$9.6M
PALANTIR TECHNOLOGIES INC CALL	PLTR	$45.0M	385,533	0.06%	-0.02pp	23q	+4.2%+$1.8M
DIMENSIONAL ETF TRUST	DFAX	$44.8M	1,215,877	0.06%	flat	20q	+8.1%+$3.4M
STRYKER CORPORATION	SYK	$44.7M	142,133	0.06%	-0.02pp	30q	-5.8%-$2.8M
ISHARES TR	IBMR	$44.2M	1,740,491	0.05%	-0.01pp	7q	+1.2%+$517.8K
SCHWAB STRATEGIC TR	SCHG	$44.1M	1,304,552	0.05%	flat	30q	-1.2%-$513.9K
VANGUARD INDEX FDS	VBR	$44.1M	181,462	0.05%	flat	30q	HELD
DIMENSIONAL ETF TRUST	DFEM	$44.0M	1,083,236	0.05%	flat	12q	+2.8%+$1.2M
WISDOMTREE TR	DEM	$43.6M	810,959	0.05%	flat	28q	+2.5%+$1.0M
ISHARES TR	IBMO	$43.5M	1,695,538	0.05%	-0.01pp	22q	+7.4%+$3.0M
SELECT SECTOR SPDR TR	XLC	$43.1M	402,704	0.05%	flat	22q	+15.3%+$5.7M
ISHARES TR	IXUS	$42.9M	449,280	0.05%	+0.04pp	24q	+531.9%+$36.1M
HCA Healthcare, Inc.	HCA	$42.3M	108,604	0.05%	-0.05pp	30q	-25.9%-$14.8M
DBX ETF TR	DBEF	$42.3M	774,190	0.05%	flat	13q	+6.7%+$2.7M
COMFORT SYS USA INC	FIX	$42.2M	21,279	0.05%	+0.01pp	8q	+13.5%+$5.0M
AT&T INC	T	$41.9M	2,022,345	0.05%	-0.04pp	30q	-0.8%-$337.6K
STATE STR CORP	STT	$41.5M	244,864	0.05%	+0.01pp	30q	+7.8%+$3.0M
INVESCO EXCHANGE TRADED FD T	RSP	$41.4M	194,787	0.05%	flat	30q	HELD
SPDR SERIES TRUST	HYMB	$41.3M	1,624,232	0.05%	flat	24q	+14.6%+$5.3M
ANALOG DEVICES INC	ADI	$41.2M	103,844	0.05%	+0.02pp	7q	+39.1%+$11.6M
LINDE PLC	LIN	$40.9M	78,758	0.05%	+0.01pp	14q	+38.6%+$11.4M
INVESCO EXCH TRADED FD TR II	SPMO	$40.6M	251,437	0.05%	+0.01pp	5q	+3.1%+$1.2M
TRAVELERS COMPANIES INC	TRV	$40.5M	122,532	0.05%	-0.01pp	7q	-5.0%-$2.1M
GENERAL DYNAMICS CORP	GD	$39.7M	112,053	0.05%	-0.02pp	30q	-16.8%-$8.0M
MEDTRONIC PLC	MDT	$39.5M	504,928	0.05%	-0.02pp	30q	-12.2%-$5.5M
SYNCHRONY FINANCIAL	SYF	$39.4M	518,143	0.05%	-0.02pp	30q	-22.7%-$11.6M
ISHARES TR	IBDW	$39.4M	1,890,508	0.05%	+0.02pp	9q	+107.9%+$20.4M
ALLSTATE CORP	ALL	$39.2M	164,893	0.05%	-0.01pp	7q	-17.8%-$8.5M
GILEAD SCIENCES INC	GILD	$39.1M	309,147	0.05%	-0.01pp	30q	+4.2%+$1.6M
NEWMONT CORP	NEM	$38.8M	415,448	0.05%	-0.02pp	30q	-5.0%-$2.0M
BOEING CO	BA	$38.4M	177,548	0.05%	+0.01pp	7q	+43.3%+$11.6M
ISHARES TR	IVE	$38.4M	168,907	0.05%	+0.01pp	30q	+50.7%+$12.9M
UNION PAC CORP	UNP	$38.3M	140,959	0.05%	flat	30q	+2.4%+$912.3K
VANECK ETF TRUST	SHYD	$38.1M	1,664,379	0.05%	flat	24q	+8.0%+$2.8M
TRANE TECHNOLOGIES PLC	TT	$37.7M	76,839	0.05%	+0.01pp	26q	+13.9%+$4.6M
KRATOS DEFENSE & SEC SOLUTIO	KTOS	$36.8M	738,406	0.05%	-0.04pp	24q	-9.4%-$3.8M
BRISTOL-MYERS SQUIBB CO	BMY	$36.7M	636,124	0.05%	-0.01pp	30q	+8.1%+$2.7M
EBAY INC.	EBAY	$36.4M	325,426	0.04%	-0.01pp	30q	-12.5%-$5.2M
SANDISK CORP	SNDK	$36.3M	15,971	0.04%	+0.03pp	5q	-14.2%-$6.0M
ISHARES TR	CMF	$36.0M	624,565	0.04%	-0.01pp	30q	-5.0%-$1.9M
WISDOMTREE TR	DES	$35.4M	870,701	0.04%	flat	29q	+2.4%+$829.1K
O'REILLY AUTOMOTIVE INC	ORLY	$35.2M	381,849	0.04%	-0.01pp	30q	-3.7%-$1.4M
ISHARES TR	IWR	$34.8M	315,126	0.04%	flat	30q	+5.1%+$1.7M
TERADYNE INC	TER	$34.6M	71,530	0.04%	+0.02pp	26q	+23.0%+$6.5M
DELL TECHNOLOGIES INC	DELL	$34.6M	80,083	0.04%	+0.03pp	30q	+14.1%+$4.3M
AMERICAN CENTY ETF TR	AVDE	$34.5M	386,895	0.04%	-0.01pp	7q	-1.4%-$491.4K
VANGUARD INTL EQUITY INDEX F	VSS	$34.5M	223,565	0.04%	-0.01pp	30q	-11.8%-$4.6M
VANGUARD SCOTTSDALE FDS	VCSH	$34.1M	430,866	0.04%	-0.01pp	30q	-3.7%-$1.3M
VERTIV HOLDINGS CO	VRT	$33.7M	100,713	0.04%	+0.01pp	10q	+34.5%+$8.6M
UNITED AIRLS HLDGS INC	UAL	$33.6M	247,405	0.04%	flat	26q	-12.2%-$4.7M
ISHARES TR	EFAV	$33.5M	381,992	0.04%	-0.01pp	30q	-3.8%-$1.3M
DIMENSIONAL ETF TRUST	DFAU	$33.4M	646,494	0.04%	flat	22q	+16.4%+$4.7M
VANGUARD MALVERN FDS	VTIP	$33.2M	661,676	0.04%	+0.01pp	22q	+72.2%+$13.9M
DIMENSIONAL ETF TRUST	DISV	$33.1M	823,817	0.04%	+0.01pp	12q	+44.3%+$10.2M
DEERE CO	DE	$33.0M	52,100	0.04%	flat	30q	+7.2%+$2.2M
DBX ETF TR	HDEF	$32.7M	1,015,884	0.04%	-0.01pp	11q	-1.7%-$556.5K
CAPITAL ONE FINL CORP	COF	$32.5M	161,861	0.04%	+0.01pp	30q	+28.1%+$7.1M
NEXTERA ENERGY INC	NEE	$32.3M	368,507	0.04%	-0.01pp	30q	+2.4%+$752.4K
VANECK ETF TRUST	MOAT	$32.2M	309,771	0.04%	-0.01pp	22q	-4.0%-$1.4M
SCHWAB STRATEGIC TR	SCHM	$32.2M	873,101	0.04%	flat	30q	+0.9%+$285.9K
ISHARES TR	SCZ	$32.0M	388,759	0.04%	flat	30q	+5.7%+$1.7M
DUKE ENERGY CORP NEW	DUK	$32.0M	252,532	0.04%	flat	30q	+12.0%+$3.4M
WELLTOWER INC	WELL	$31.9M	140,565	0.04%	flat	30q	+1.7%+$534.5K
ROYAL CARIBBEAN GROUP	RCL	$31.9M	100,306	0.04%	-0.01pp	26q	-20.1%-$8.0M
CARDINAL HEALTH INC	CAH	$31.8M	133,767	0.04%	-0.01pp	30q	-21.3%-$8.6M
STATE STR SPDR S&P MIDCAP 40	MDY	$31.5M	44,808	0.04%	+0.01pp	30q	+66.5%+$12.6M
EA SERIES TRUST	BOXX	$31.1M	265,727	0.04%	+0.04pp	3q	+9727.2%+$30.8M
CHARLES SCHWAB CORP (THE)	SCHW	$31.0M	336,105	0.04%	-0.01pp	30q	+2.0%+$600.9K
TE CONNECTIVITY PLC	TEL	$31.0M	153,710	0.04%	-0.01pp	8q	-3.4%-$1.1M
HARTFORD INSURANCE GROUP INC	HIG	$30.8M	232,467	0.04%	-0.03pp	30q	-27.3%-$11.6M
INTUITIVE SURGICAL INC	ISRG	$30.5M	76,644	0.04%	-0.01pp	30q	+19.7%+$5.0M
PROLOGIS INC.	PLD	$30.4M	224,573	0.04%	flat	30q	+5.5%+$1.6M
CONSOLIDATED EDISON INC	ED	$30.2M	273,028	0.04%	flat	30q	+9.4%+$2.6M
DELTA AIR LINES INC	DAL	$30.2M	322,123	0.04%	+0.01pp	30q	+9.8%+$2.7M
SPDR SERIES TRUST	SPYV	$30.1M	494,457	0.04%	flat	30q	+7.2%+$2.0M
PULTEGROUP INC	PHM	$30.0M	218,908	0.04%	-0.01pp	30q	-16.7%-$6.0M
AUTOMATIC DATA PROCESSING IN	ADP	$29.9M	133,684	0.04%	flat	7q	+11.5%+$3.1M
ISHARES TR	EEM	$29.8M	435,970	0.04%	flat	30q	+4.2%+$1.2M
VANGUARD WORLD FD	VHT	$29.7M	99,226	0.04%	flat	30q	-1.2%-$358.8K
AIRBNB INC PUT	ABNB	$29.4M	204,546	0.04%	flat	7q	+4.3%+$1.2M
CROWDSTRIKE HLDGS INC	CRWD	$29.0M	38,062	0.04%	+0.02pp	25q	+32.0%+$7.0M
NUSHARES ETF TR	NULV	$28.8M	576,552	0.04%	flat	17q	+6.7%+$1.8M
AMERICAN ELEC PWR CO INC	AEP	$28.7M	209,913	0.04%	flat	7q	+8.5%+$2.3M
ISHARES TR	ACWI	$28.7M	182,797	0.04%	+0.02pp	23q	+148.3%+$17.1M
FREEPORT-MCMORAN INC	FCX	$28.7M	456,214	0.04%	+0.01pp	30q	+42.8%+$8.6M
SCHWAB STRATEGIC TR	SCHO	$28.6M	1,186,671	0.04%	-0.01pp	30q	-15.3%-$5.2M
GENERAL MTRS CO	GM	$28.6M	370,508	0.04%	flat	30q	+7.3%+$1.9M
UNITED PARCEL SVCS INC	UPS	$28.4M	264,577	0.04%	flat	30q	+15.1%+$3.7M
DOVER CORP	DOV	$28.4M	126,470	0.04%	flat	30q	+2.8%+$772.9K
VANGUARD INTL EQUITY INDEX F	VT	$28.3M	180,212	0.03%	flat	29q	+10.9%+$2.8M
PFIZER INC	PFE	$28.1M	1,165,477	0.03%	flat	30q	+24.6%+$5.5M
BLACKROCK INC	BLK	$27.6M	28,708	0.03%	flat	7q	+5.8%+$1.5M
CONOCOPHILLIPS	COP	$27.6M	265,352	0.03%	-0.02pp	30q	-6.3%-$1.9M
ISHARES TR	IUSV	$27.5M	249,449	0.03%	+0.02pp	24q	+214.8%+$18.7M
MARVELL TECHNOLOGY INC	MRVL	$27.5M	92,187	0.03%	+0.03pp	21q	+63.2%+$10.6M
CARNIVAL CORP LTD	CCL	$27.1M	949,449	0.03%	-	new	NEW
AMERICAN CENTY ETF TR	AVXC	$26.9M	314,509	0.03%	flat	5q	-9.2%-$2.7M
ISHARES TR	IGSB	$26.9M	513,282	0.03%	+0.02pp	30q	+125.0%+$14.9M
VANGUARD SCOTTSDALE FDS	VCIT	$26.8M	324,053	0.03%	-0.02pp	23q	-30.4%-$11.7M
EVERGY INC	EVRG	$26.8M	309,684	0.03%	flat	30q	+2.4%+$635.3K
DIMENSIONAL ETF TRUST	DFLV	$26.7M	676,365	0.03%	+0.01pp	4q	+77.8%+$11.7M
VANGUARD INDEX FDS	VNQ	$26.4M	274,051	0.03%	-0.02pp	30q	-34.2%-$13.8M
TELEDYNE TECHNOLOGIES INC	TDY	$26.4M	39,525	0.03%	flat	21q	-1.1%-$292.8K
DISNEY WALT CO	DIS	$26.3M	273,666	0.03%	-0.01pp	30q	+2.4%+$625.9K
AFLAC INC PUT	AFL	$26.2M	223,691	0.03%	-0.01pp	7q	-6.0%-$1.7M
PHILLIPS 66	PSX	$26.1M	154,232	0.03%	flat	30q	+19.8%+$4.3M
ISHARES TR	OEF	$25.9M	70,912	0.03%	flat	30q	+10.8%+$2.5M
THERMO FISHER SCIENTIFIC INC	TMO	$25.8M	51,463	0.03%	+0.01pp	30q	+40.2%+$7.4M
SELECT SECTOR SPDR TR	XLP	$25.8M	310,117	0.03%	flat	30q	+24.7%+$5.1M
PIMCO ETF TR	BOND	$25.4M	275,358	0.03%	-0.03pp	24q	-38.1%-$15.6M
NOVARTIS AG	NVS	$25.4M	161,839	0.03%	flat	30q	+0.7%+$168.5K
EDWARDS LIFESCIENCES CORP	EW	$25.3M	279,851	0.03%	flat	7q	+7.3%+$1.7M
ONDAS INC	ONDS	$25.3M	3,068,982	0.03%	flat	3q	+19.7%+$4.2M
UBER TECHNOLOGIES INC	UBER	$25.1M	348,310	0.03%	-0.01pp	26q	-6.9%-$1.9M
ILLINOIS TOOL WKS INC	ITW	$25.1M	92,916	0.03%	flat	30q	+26.2%+$5.2M
LOEWS CORP	L	$24.9M	219,800	0.03%	flat	23q	+11.9%+$2.6M
SPDR SERIES TRUST	MDYV	$24.6M	259,036	0.03%	flat	24q	+25.3%+$5.0M
CINCINNATI FINL CORP	CINF	$24.4M	131,849	0.03%	flat	30q	+5.1%+$1.2M
CENTENE CORP DEL	CNC	$24.0M	373,315	0.03%	+0.01pp	30q	+7.9%+$1.7M
FORTINET INC	FTNT	$23.9M	155,864	0.03%	+0.01pp	7q	+16.3%+$3.4M
HEWLETT PACKARD ENTERPRISE C	HPE	$23.9M	530,689	0.03%	+0.01pp	30q	+19.5%+$3.9M
SOUTHERN CO	SO	$23.9M	249,562	0.03%	flat	30q	+5.8%+$1.3M
STARBUCKS CORP	SBUX	$23.7M	231,872	0.03%	flat	30q	+4.0%+$921.2K
SIMON PPTY GROUP INC NEW	SPG	$23.4M	104,674	0.03%	-0.01pp	28q	-26.5%-$8.4M
UNITED RENTALS INC	URI	$23.2M	20,506	0.03%	flat	30q	-6.9%-$1.7M
LOWES COS INC	LOW	$22.9M	103,634	0.03%	-0.01pp	30q	-15.1%-$4.1M
SPDR SERIES TRUST	SDY	$22.8M	150,025	0.03%	flat	30q	+14.8%+$3.0M
DANAHER CORP DEL	DHR	$22.7M	119,360	0.03%	-0.01pp	30q	-12.5%-$3.3M
LUMENTUM HLDGS INC	LITE	$22.4M	26,138	0.03%	+0.01pp	3q	+28.2%+$4.9M
INVESCO EXCH TRADED FD TR II	IDMO	$22.3M	369,409	0.03%	flat	4q	+21.9%+$4.0M
NXP SEMICONDUCTORS N V	NXPI	$22.1M	78,790	0.03%	+0.01pp	30q	+58.0%+$8.1M
PACER FDS TR	COWZ	$22.1M	355,947	0.03%	-0.01pp	16q	-2.9%-$665.2K
QUEST DIAGNOSTICS INC	DGX	$22.1M	104,301	0.03%	flat	30q	+2.4%+$520.3K
WISDOMTREE TR	USFR	$22.1M	437,940	0.03%	flat	18q	+26.7%+$4.6M
CHESAPEAKE UTILS CORP	CPK	$21.8M	177,783	0.03%	flat	4q	+13.0%+$2.5M
HUNT J B TRANS SVCS INC	JBHT	$21.7M	74,872	0.03%	+0.01pp	22q	+17.4%+$3.2M
EDISON INTL	EIX	$21.7M	290,937	0.03%	flat	30q	+9.1%+$1.8M
DIMENSIONAL ETF TRUST	DFSU	$21.5M	460,197	0.03%	flat	11q	+20.1%+$3.6M
VANECK ETF TRUST CALL	SMH	$21.3M	32,435	0.03%	+0.01pp	21q	+14.0%+$2.6M
COLGATE PALMOLIVE CO	CL	$21.2M	231,520	0.03%	flat	30q	+24.3%+$4.2M
NORFOLK SOUTHN CORP	NSC	$21.2M	67,341	0.03%	flat	30q	+25.8%+$4.3M
VANGUARD SCOTTSDALE FDS	VGSH	$21.2M	363,591	0.03%	-0.01pp	21q	-20.6%-$5.5M
TARGET CORP	TGT	$21.1M	161,399	0.03%	flat	7q	+28.9%+$4.7M
DIMENSIONAL ETF TRUST	DFIS	$21.1M	601,708	0.03%	+0.01pp	16q	+68.9%+$8.6M
SALESFORCE INC	CRM	$21.0M	134,104	0.03%	-0.01pp	30q	-2.8%-$609.4K
EQUINIX INC	EQIX	$21.0M	20,133	0.03%	flat	30q	+33.7%+$5.3M
J P MORGAN EXCHANGE TRADED F	JEPI	$21.0M	371,380	0.03%	flat	22q	+7.4%+$1.4M
ISHARES TR	DVY	$20.9M	133,522	0.03%	-0.01pp	30q	-11.6%-$2.7M
MARATHON PETE CORP	MPC	$20.8M	81,254	0.03%	flat	30q	+2.1%+$427.0K
PG&E CORP	PCG	$20.7M	1,233,572	0.03%	flat	22q	+13.4%+$2.5M
TOLL BROTHERS INC	TOL	$20.6M	125,226	0.03%	+0.01pp	30q	+25.2%+$4.1M
US BANCORP	USB	$20.5M	340,122	0.03%	flat	30q	+9.6%+$1.8M
VANGUARD SCOTTSDALE FDS	VONE	$20.5M	60,641	0.03%	flat	22q	-6.8%-$1.5M
MORGAN STANLEY ETF TRUST	CVLC	$20.5M	216,862	0.03%	flat	4q	+0.8%+$163.3K
MCKESSON CORP PUT	MCK	$20.4M	26,943	0.03%	-0.03pp	30q	-31.5%-$9.4M
SCHWAB STRATEGIC TR	SCHZ	$20.4M	880,216	0.03%	flat	30q	+15.7%+$2.8M
MARRIOTT INTL INC NEW	MAR	$20.3M	54,896	0.03%	flat	30q	+14.5%+$2.6M
ROSS STORES INC	ROST	$20.3M	95,459	0.03%	flat	30q	+32.8%+$5.0M
INVESCO EXCH TRADED FD TR II	SPLV	$20.2M	270,128	0.02%	-0.01pp	30q	-9.1%-$2.0M
HOST HOTELS & RESORTS INC	HST	$19.9M	837,768	0.02%	flat	30q	+9.8%+$1.8M
SCHWAB STRATEGIC TR	SCHP	$19.7M	743,051	0.02%	-0.04pp	24q	-52.4%-$21.7M
SPDR SERIES TRUST	BILS	$19.6M	197,623	0.02%	+0.01pp	9q	+67.5%+$7.9M
GOLDMAN SACHS ETF TR	GSLC	$19.6M	138,195	0.02%	flat	30q	HELD
INVESCO EXCHANGE TRADED FD T	PSI	$19.6M	104,303	0.02%	+0.01pp	20q	+2.9%+$550.3K
SHERWIN WILLIAMS CO	SHW	$19.5M	56,615	0.02%	-0.01pp	30q	-12.0%-$2.7M
VIASAT INC	VSAT	$19.5M	217,018	0.02%	+0.01pp	7q	+1.5%+$286.4K
CAPRICOR THERAPEUTICS INC	CAPR	$19.3M	802,732	0.02%	+0.01pp	2q	+99.2%+$9.6M
VANGUARD WORLD FD	VOX	$19.3M	105,020	0.02%	-0.01pp	22q	-8.7%-$1.8M
ISHARES TR	IUSB	$19.3M	418,361	0.02%	+0.02pp	21q	+385.0%+$15.3M
ISHARES TR	TLT	$19.3M	223,136	0.02%	flat	28q	+23.4%+$3.7M
CSX CORP	CSX	$19.2M	404,345	0.02%	flat	30q	+11.7%+$2.0M
ISHARES TR	IYR	$19.2M	187,913	0.02%	-0.03pp	14q	-47.9%-$17.6M
ISHARES TR	EFG	$19.2M	154,012	0.02%	flat	30q	+8.3%+$1.5M
HSBC HLDGS PLC	HSBC	$19.1M	200,940	0.02%	flat	22q	-2.6%-$503.4K
WABTEC	WAB	$19.0M	70,316	0.02%	-0.01pp	24q	-17.9%-$4.1M
QUANTA SVCS INC	PWR	$18.9M	26,272	0.02%	flat	7q	+3.4%+$614.9K
PACCAR INC	PCAR	$18.9M	157,213	0.02%	-0.01pp	30q	-10.7%-$2.3M
KROGER CO	KR	$18.9M	339,677	0.02%	-0.02pp	30q	-23.2%-$5.7M
MUELLER INDS INC	MLI	$18.8M	153,318	0.02%	-0.01pp	25q	-12.3%-$2.6M
VANGUARD WORLD FD	VFH	$18.8M	142,504	0.02%	flat	22q	-5.1%-$1.0M
VICI PPTYS INC	VICI	$18.6M	702,443	0.02%	-0.01pp	21q	-4.7%-$925.2K
EVERSOURCE ENERGY	ES	$18.5M	255,957	0.02%	+0.01pp	30q	+109.3%+$9.7M
STATE STR SPDR DOW JONES IND CALL	DIA	$18.5M	35,343	0.02%	flat	30q	-8.6%-$1.7M
CRH PLC	CRH	$18.4M	172,120	0.02%	flat	12q	+3.1%+$558.6K
ROBINHOOD MKTS INC	HOOD	$18.3M	182,980	0.02%	flat	8q	-10.7%-$2.2M
ORAMED PHARMACEUTICALS INC	ORMP	$18.3M	3,810,540	0.02%	+0.01pp	2q	+99.4%+$9.1M
ZOOM COMMUNICATIONS INC	ZM	$18.3M	211,846	0.02%	flat	25q	+4.9%+$848.3K
CIENA CORP	CIEN	$18.3M	37,220	0.02%	flat	12q	+8.6%+$1.5M
AMERICAN CENTY ETF TR	AVSU	$18.2M	205,927	0.02%	flat	5q	+11.5%+$1.9M
VANGUARD WORLD FD	VSGX	$18.2M	221,149	0.02%	+0.01pp	23q	+153.3%+$11.0M
VANGUARD INDEX FDS	VOE	$18.2M	91,973	0.02%	flat	30q	+1.9%+$342.4K
SELECT SECTOR SPDR TR	XLU	$18.2M	400,695	0.02%	-0.01pp	30q	-9.1%-$1.8M
SNOWFLAKE INC CALL	SNOW	$18.1M	71,165	0.02%	+0.01pp	24q	+33.0%+$4.5M
VALERO ENERGY CORP	VLO	$18.1M	69,422	0.02%	flat	30q	+26.6%+$3.8M
S&P GLOBAL INC	SPGI	$18.0M	44,194	0.02%	-0.01pp	30q	+1.9%+$339.7K
VERISIGN INC	VRSN	$18.0M	71,469	0.02%	+0.01pp	7q	+64.6%+$7.1M
GENERAL MILLS INC	GIS	$17.9M	514,159	0.02%	flat	30q	+25.1%+$3.6M
DEVON ENERGY CORP NEW	DVN	$17.8M	430,072	0.02%	flat	26q	+43.6%+$5.4M
CARPENTER TECHNOLOGY CORP	CRS	$17.8M	28,798	0.02%	+0.01pp	5q	+115.9%+$9.5M
STERLING INFRASTRUCTURE INC	STRL	$17.7M	21,141	0.02%	+0.02pp	5q	+857.0%+$15.9M
INVESCO EXCHANGE TRADED FD T	PRF	$17.7M	327,806	0.02%	flat	30q	+10.0%+$1.6M
BOOKING HOLDINGS INC	BKNG	$17.7M	99,086	0.02%	-0.01pp	30q	-27.7%-$6.8M
ISHARES TR	IJS	$17.7M	129,156	0.02%	flat	25q	+17.0%+$2.6M
ISHARES TR	ISHG	$17.5M	235,520	0.02%	+0.01pp	2q	+99.5%+$8.7M
PROGRESSIVE CORP	PGR	$17.5M	79,904	0.02%	-0.01pp	30q	-15.2%-$3.1M
THE CIGNA GROUP	CI	$17.4M	63,151	0.02%	flat	30q	-2.0%-$363.6K
ISHARES TR	ITA	$17.4M	71,785	0.02%	flat	24q	+6.1%+$1.0M
ISHARES TR	SGOV	$17.4M	172,607	0.02%	-0.03pp	16q	-48.6%-$16.4M
BANCO SANTANDER S.A.	SAN	$17.3M	1,255,568	0.02%	flat	20q	-2.7%-$484.8K

Showing the largest 400 of 3,590 positions.

Q2 2026 in brief

Mercer Global Advisors Inc /Adv reported 3,590 positions worth $80.9B for Q2 2026, filed 50 days after the quarter ended. Its five largest holdings made up 22.5% of the portfolio. It added most to Ishares Tr (about $558.8M), Vanguard Bd Index Fds (about $406.8M) and Ishares Tr (about $376.1M). It cut Vanguard Index Fds (about $196.6M), Intel Corp (about $96.0M) and Ishares Tr (about $93.1M). New positions: Carnival Corp Ltd ($27.1M), Fedex Fght Hldg Co Inc ($15.7M) and Honeywell Intl Inc ($13.0M). Sold out of: Oruka Therapeutics Inc, Carnival Corp and Honeywell Intl Inc. Longest held of its top ten: Ishares Tr, 30 quarters in a row - every quarter on file.

Dollar amounts for buying and selling are estimates: the change in shares at the quarter-end price implied by the filing. A 13F shows long US stock positions only, at quarter end.

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
Semiconductors & Electronics	$4.3B	5.3%
Software & IT Services	$2.9B	3.6%
Computer Hardware	$2.7B	3.4%
Retail & Consumer	$1.7B	2.1%
Banks & Lending	$1.4B	1.7%
Biotech & Pharma	$1.3B	1.6%
Other sectors	$9.8B	12.1%
Not classified	$56.9B	70.3%

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
Q2 2026	+11.6%	+14.8%	-3.3%	100%
Q1 2026	-1.1%	-4.6%	+3.5%	101%
Q4 2025	+1.7%	+2.4%	-0.6%	100%
Q3 2025	+5.3%	+7.8%	-2.5%	100%
Q2 2025	+7.6%	+10.5%	-2.8%	100%
Q1 2025	-1.3%	-4.6%	+3.3%	100%
Q4 2024	-1.6%	+2.1%	-3.7%	107%
Q3 2024	+5.0%	+5.4%	-0.4%	105%

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
Q2 2026	$80.9B	3,590	520	2,025	897	147	36.1%	50
Q1 2026	$67.6B	3,217	550	1,625	936	173	36.9%	45
Q4 2025	$65.6B	2,840	354	1,553	782	147	36.1%	49
Q3 2025	$59.9B	2,633	484	1,339	673	100	36.8%	45
Q2 2025	$49.1B	2,249	236	942	922	135	38.5%	45
Q1 2025	$43.6B	2,148	171	1,062	772	138	38.9%	45
Q4 2024	$41.0B	2,115	387	635	1,000	223	38.2%	45
Q3 2024	$42.7B	1,951	112	941	692	126	37.3%	45
Q2 2024	$36.7B	1,965	132	887	759	105	36.5%	43
Q1 2024	$35.2B	1,938	182	851	776	246	35.6%	45
Q4 2023	$33.2B	2,002	182	885	779	128	31.3%	46
Q3 2023	$26.3B	1,948	179	795	837	144	32.6%	46
Q2 2023	$25.2B	1,913	186	790	806	199	30.2%	45
Q1 2023	$22.0B	1,926	171	774	822	172	27.2%	46
Q4 2022	$20.0B	1,927	214	857	723	104	27.1%	40
Q3 2022	$16.8B	1,817	134	812	689	135	29.3%	46
Q2 2022	$16.3B	1,818	97	836	719	144	28.7%	41
Q1 2022	$17.0B	1,865	197	988	537	127	28.7%	40
Q4 2021	$16.2B	1,795	138	920	590	95	29.0%	35
Q3 2021	$14.3B	1,752	189	934	494	104	26.8%	41
Q2 2021	$13.0B	1,667	167	918	444	124	25.5%	41
Q1 2021	$11.0B	1,624	357	782	405	80	26.6%	132
Q4 2020	$8.0B	1,347	188	571	490	77	30.2%	43
Q3 2020	$6.6B	1,236	280	557	335	54	30.7%	71
Q2 2020	$5.5B	1,010	136	383	437	223	32.0%	41
Q1 2020	$4.5B	1,097	139	496	407	207	26.2%	48
Q4 2019	$5.0B	1,165	107	510	456	66	23.8%	44
Q3 2019	$4.3B	1,124	107	545	394	131	22.6%	43
Q2 2019	$3.8B	1,148	131	158	822	115	22.2%	45
Q1 2019	$4.7B	1,132	0	0	0	0	23.7%	12

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.