Apella Capital, LLC
CIK 1801507 · View on SEC EDGAR ↗
- Portfolio value
- $7.1B
- Positions
- 716
- As of
- June 30, 2026
#638 of 9,443 by 13F value · top 6.8%
Portfolio value QoQ: +5.1% 13F does not disclose cash
- Top 10 holdings weight
- 33.51%
- Top 25 holdings weight
- 52.92%
- Positions above 1%
- 21
- Effective number of positions
- 47.4
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.35% Est. buys $393,129,442 · sells $93,043,989
Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 92.5% still held
- New positions
- 59
- Increased
- 348
- Decreased
- 253
- Closed
- 24
Put-notional exposure: 0.0% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
3.2%
Industrials
1.2%
Communication Services
0.9%
Healthcare
0.9%
Energy
0.5%
Retail
0.5%
Financials
0.5%
Financial Services
0.4%
Consumer Staples
0.3%
Consumer Discretionary
0.3%
Utilities
0.3%
Materials
0.2%
Consumer products
0.1%
Communications
0.1%
Telecommunication
0.1%
Real Estate
0.1%
Logistics & Transportation
0.0%
Other/Unmapped
90.6%
Full portfolio 716 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| DFAC | $713,379,842 | 10.08% | 16,110,656 | $51,534,649 | Up ×6 | ||
| VTI | $274,672,528 | 3.88% | 743,141 | $18,774,161 | Up ×6 | ||
| DFSD | $258,522,107 | 3.65% | 5,420,887 | $5,596,697 | Up ×6 | ||
| DFCF | $196,082,276 | 2.77% | 4,667,514 | $7,884,398 | Up ×6 | ||
| DFUS | $179,892,806 | 2.54% | 2,199,716 | $11,096,335 | Up ×3 | ||
| DFIC | $179,268,986 | 2.53% | 4,772,870 | $6,366,546 | Up ×6 | ||
| DUHP | $171,121,228 | 2.42% | 4,123,403 | $17,778,521 | Up ×6 | ||
| DFAT | $144,088,589 | 2.04% | 2,077,701 | $2,831,479 | Down ×1 | ||
| BND Vanguard Total Bond Market ETF | $132,659,359 | 1.87% | 1,820,993 | $-383,324 | Up ×5 | ||
| BSV | $122,646,385 | 1.73% | 1,579,884 | $-7,464,099 | Down ×2 | ||
| VONE Vanguard Russell 1000 ETF | $121,774,758 | 1.72% | 359,515 | $15,394,766 | Up ×6 | ||
| VEA | $121,579,811 | 1.72% | 1,717,714 | $390,362 | Down ×1 | ||
| DFGX Dimensional Global ex US Core Fixed Income ETF | $120,320,816 | 1.70% | 2,259,550 | $7,146,664 | Up ×6 | ||
| VWO | $118,391,654 | 1.67% | 2,010,728 | $2,436,285 | Up ×6 | ||
| DFAU | $110,158,067 | 1.56% | 2,130,305 | $4,397,696 | Down ×1 | ||
| DFIV | $107,372,966 | 1.52% | 1,943,050 | $2,058,538 | Up ×2 | ||
| AAPL Apple Inc. - Common Stock | $104,741,572 | 1.48% | 337,158 | $16,764,117 | Up ×6 | ||
| AVEM | $92,325,915 | 1.30% | 997,148 | $5,998,630 | Up ×6 | ||
| DFNM | $76,813,732 | 1.09% | 1,590,906 | $12,917,220 | Up ×4 | ||
| AVDE | $74,359,216 | 1.05% | 828,607 | $5,389,110 | Up ×6 | ||
| DIHP | $71,560,174 | 1.01% | 2,097,924 | $2,956,163 | Up ×6 | ||
| DFEM | $65,299,877 | 0.92% | 1,666,664 | $1,316,254 | Up ×3 | ||
| SPY SPY | $63,556,016 | 0.90% | 85,001 | $1,312,404 | Down ×1 | ||
| IUSB iShares Core Universal USD Bond ETF | $63,321,896 | 0.89% | 1,382,574 | $11,095,230 | Up ×6 | ||
| VOO | $62,351,920 | 0.88% | 90,749 | $8,962,050 | Up ×6 | ||
| DFLV | $61,260,115 | 0.87% | 1,536,111 | $6,552,377 | Up ×6 | ||
| DFUV | $58,757,839 | 0.83% | 1,070,075 | $4,011,174 | Down ×1 | ||
| DFAX | $58,604,527 | 0.83% | 1,602,530 | $-974,169 | Down ×1 | ||
| MGC | $57,920,680 | 0.82% | 211,482 | $1,552,067 | Down ×4 | ||
| SPAB | $56,301,672 | 0.80% | 2,223,605 | $9,768,032 | Up ×6 | ||
| ESGV | $54,934,098 | 0.78% | 415,255 | $3,376,944 | Up ×6 | ||
| AVDV | $54,573,001 | 0.77% | 525,853 | $1,738,923 | Up ×6 | ||
| VTV | $52,204,369 | 0.74% | 237,757 | $5,509,974 | Up ×4 | ||
| ISTB iShares Core 1-5 Year USD Bond ETF | $52,178,065 | 0.74% | 1,085,686 | $6,070,736 | Up ×6 | ||
| VONG Vanguard Russell 1000 Growth ETF | $50,325,344 | 0.71% | 402,893 | $6,737,104 | Up ×6 | ||
| IEFA | $49,825,898 | 0.70% | 513,616 | $2,331,911 | Up ×6 | ||
| MSFT Microsoft Corporation - Common Stock | $47,182,970 | 0.67% | 121,343 | $-4,128,237 | Down ×1 | ||
| DFAI | $46,590,572 | 0.66% | 1,121,313 | $132,808 | Up ×3 | ||
| BNDX Vanguard Total International Bond ETF | $45,396,450 | 0.64% | 945,365 | $-1,722,930 | Down ×6 | ||
| VB | $44,181,542 | 0.62% | 148,012 | $3,693,819 | Up ×6 | ||
| SUB | $44,150,369 | 0.62% | 415,416 | $-505,239 | Down ×1 | ||
| IAGG | $43,001,640 | 0.61% | 861,066 | $6,985,623 | Up ×6 | ||
| VO | $42,387,961 | 0.60% | 525,840 | $145,032 | Up ×6 | ||
| SPHY | $42,101,519 | 0.59% | 1,803,063 | $5,341,090 | Up ×6 | ||
| VYM | $41,757,949 | 0.59% | 259,947 | $-952,001 | Down ×2 | ||
| VUG | $38,430,853 | 0.54% | 447,495 | $1,510,574 | Up ×2 | ||
| MTUM | $37,986,234 | 0.54% | 121,579 | $3,518,801 | Down ×6 | ||
| VOOG | $36,447,510 | 0.51% | 445,787 | $-182,105 | Up ×1 | ||
| IJH | $36,139,766 | 0.51% | 478,863 | $2,518,994 | Up ×6 | ||
| JCPB | $32,239,436 | 0.46% | 692,502 | $1,629,598 | Up ×4 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $31,917,781 | 0.45% | 87,778 | $2,233,010 | Up ×2 | ||
| AVLV | $31,866,273 | 0.45% | 350,410 | $4,100,057 | Up ×6 | ||
| SPDW | $31,750,227 | 0.45% | 633,990 | $-1,222,946 | Down ×1 | ||
| EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | $31,182,178 | 0.44% | 325,017 | $3,547,475 | Up ×6 | ||
| VBIL Vanguard 0-3 Month Treasury Bill ETF | $31,111,930 | 0.44% | 411,969 | $-3,242,247 | Down ×1 | ||
| SPIB | $29,408,338 | 0.42% | 883,930 | $4,378,111 | Up ×6 | ||
| DFAS | $28,967,106 | 0.41% | 357,928 | $1,895,485 | Up ×3 | ||
| QQQ Invesco QQQ Trust, Series 1 | $28,602,426 | 0.40% | 40,317 | $2,459,529 | Up ×2 | ||
| VCSH Vanguard Short-Term Corporate Bond ETF | $27,883,321 | 0.39% | 354,434 | $-1,976,051 | Down ×2 | ||
| IWF | $27,637,287 | 0.39% | 227,749 | $106,299 | Up ×4 | ||
| VCIT Vanguard Intermediate-Term Corporate Bond ETF | $26,530,408 | 0.37% | 323,739 | $-2,286,844 | Down ×2 | ||
| VSS | $26,173,385 | 0.37% | 170,488 | $-723,226 | Up ×1 | ||
| VTEB | $25,421,481 | 0.36% | 504,194 | $1,309,158 | Up ×6 | ||
| VSGX | $24,725,594 | 0.35% | 305,254 | $715,770 | Up ×3 | ||
| DFAE | $23,543,182 | 0.33% | 608,037 | $443,125 | Down ×1 | ||
| VGSH Vanguard Short-Term Treasury ETF | $21,701,282 | 0.31% | 373,967 | $5,788,210 | Up ×6 | ||
| JPIB | $21,268,907 | 0.30% | 441,355 | $1,303,998 | Up ×4 | ||
| BRKB | $21,210,872 | 0.30% | 42,085 | $1,212,542 | Down ×1 | ||
| JEPI | $20,841,703 | 0.29% | 366,544 | $-1,267,209 | Down ×1 | ||
| MUB | $20,758,348 | 0.29% | 193,569 | $-168,959 | Down ×1 | ||
| AVUS | $20,641,956 | 0.29% | 162,216 | $-157,708 | Down ×2 | ||
| NVDA NVIDIA Corporation - Common Stock | $20,576,437 | 0.29% | 104,486 | $-7,768,394 | Down ×1 | ||
| XOM Exxon Mobil Corporation Common Stock | $20,065,703 | 0.28% | 141,617 | $-585,596 | Up ×6 | ||
| JSCP | $19,473,973 | 0.28% | 414,958 | $-956,337 | Down ×2 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $19,331,159 | 0.27% | 52,669 | $1,578,134 | Up ×2 | ||
| DFSU | $19,262,303 | 0.27% | 409,314 | $1,496,241 | Up ×6 | ||
| AMZN Amazon.com, Inc. - Common Stock | $18,963,877 | 0.27% | 77,095 | $-217,794 | Up ×6 | ||
| DFSV | $18,650,459 | 0.26% | 483,548 | $2,768,241 | Up ×6 | ||
| VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares | $18,013,005 | 0.25% | 362,873 | $-1,042,165 | Down ×2 | ||
| AVUV | $17,874,153 | 0.25% | 145,141 | $416,016 | Down ×2 | ||
| BIL | $17,609,645 | 0.25% | 192,560 | $-1,114,098 | Down ×1 | ||
| IWD | $17,158,434 | 0.24% | 69,260 | $713,478 | Down ×1 | ||
| IBTG iShares iBonds Dec 2026 Term Treasury ETF | $16,869,903 | 0.24% | 738,612 | $-904,741 | Down ×1 | ||
| QUAL | $16,303,675 | 0.23% | 74,877 | $320,600 | Down ×6 | ||
| VXUS Vanguard Total International Stock ETF | $15,877,802 | 0.22% | 187,570 | $-831,909 | Down ×2 | ||
| IYY | $15,367,638 | 0.22% | 84,331 | $702,878 | Down ×2 | ||
| BIV | $15,252,314 | 0.22% | 200,425 | $-456,399 | Down ×1 | ||
| USXF iShares ESG Advanced MSCI USA ETF | $15,223,562 | 0.22% | 227,544 | $998,120 | Down ×1 | ||
| VBR | $15,037,944 | 0.21% | 62,058 | $168,045 | Down ×1 | ||
| BBAG | $14,670,861 | 0.21% | 322,153 | $-1,308,041 | Down ×2 | ||
| DFSI | $13,848,153 | 0.20% | 303,754 | $506,445 | Up ×6 | ||
| VIG | $13,690,446 | 0.19% | 57,311 | $434,101 | Down ×3 | ||
| DFAW | $13,164,423 | 0.19% | 159,183 | $1,723,265 | Up ×6 | ||
| LQD | $12,706,769 | 0.18% | 117,786 | $-831,662 | Down ×2 | ||
| JPM JP Morgan Chase & Co. Common Stock | $12,691,125 | 0.18% | 37,413 | $971,445 | Down ×1 | ||
| VOE | $12,674,844 | 0.18% | 63,153 | $-440,916 | Down ×2 | ||
| FBND | $12,375,567 | 0.17% | 273,252 | $1,035,614 | Up ×4 | ||
| USTB VictoryShares Short-Term Bond ETF | $12,254,331 | 0.17% | 242,085 | $1,110,847 | Up ×4 | ||
| PBFR | $12,196,225 | 0.17% | 397,660 | $1,820,798 | Up ×1 | ||
| IJR | $12,178,090 | 0.17% | 83,762 | $454,885 | Down ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| DFAC | $713,379,842 | 10.08% | up ×6 |
| VTI | $274,672,528 | 3.88% | up ×6 |
| DFSD | $258,522,107 | 3.65% | up ×6 |
| DFCF | $196,082,276 | 2.77% | up ×6 |
| DFUS | $179,892,806 | 2.54% | up ×3 |
| DFIC | $179,268,986 | 2.53% | up ×6 |
| DUHP | $171,121,228 | 2.42% | up ×6 |
| BND | $132,659,359 | 1.87% | up ×5 |
| VONE | $121,774,758 | 1.72% | up ×6 |
| DFGX | $120,320,816 | 1.70% | up ×6 |
| VWO | $118,391,654 | 1.67% | up ×6 |
| AAPL | $104,741,572 | 1.48% | up ×6 |
| AVEM | $92,325,915 | 1.30% | up ×6 |
| DFNM | $76,813,732 | 1.09% | up ×4 |
| AVDE | $74,359,216 | 1.05% | up ×6 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| AVLC | $3,932,560 | 44,087 | 0.06% |
| ROKU | $940,317 | 6,659 | 0.01% |
| CRS | $856,892 | 1,451 | 0.01% |
| RS | $639,963 | 1,687 | 0.01% |
| IUSG | $616,301 | 3,309 | 0.01% |
| Unknown issuer (CUSIP: 43849R105) | $613,687 | 2,577 | 0.01% |
| DEHP | $587,475 | 14,427 | 0.01% |
| Unknown issuer (CUSIP: 438516205) | $579,054 | 2,573 | 0.01% |
| Unknown issuer (CUSIP: 81589A874) | $521,568 | 20,796 | 0.01% |
| NUE | $514,200 | 2,261 | 0.01% |
| CCJ | $418,678 | 4,422 | 0.01% |
| Unknown issuer (CUSIP: 84615Q103) | $395,630 | 2,647 | 0.01% |
| SGOV | $388,090 | 3,863 | 0.01% |
| Unknown issuer (CUSIP: 314352105) | $386,692 | 2,672 | 0.01% |
| FTNT | $386,361 | 2,435 | 0.01% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| DFAC | Bought more | +386K | +$51.5M |
| VTI | Bought more | +13K | +$18.8M |
| DUHP | Bought more | +231K | +$17.8M |
| AAPL | Bought more | +12K | +$16.8M |
| VONE | Bought more | +29K | +$15.4M |
| DFNM | Bought more | +271K | +$12.9M |
| DFUS | Bought more | +19K | +$11.1M |
| IUSB | Bought more | +260K | +$11.1M |
| SPAB | Bought more | +416K | +$9.8M |
| VOO | Bought more | +9K | +$9.0M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| IBTF | Dec. 31, 2025 | 483,006 | $11,263,706 | No longer tracked |
| NVDY | June 30, 2026 | 96,579 | $1,354,038 | No longer tracked |
| HON | June 30, 2026 | 5,149 | $1,202,626 | -1.2% |
| BSCP | Sept. 30, 2025 | 41,332 | $855,977 | No longer tracked |
| SPYG | March 31, 2025 | 9,688 | $851,609 | No longer tracked |
| BUG | June 30, 2025 | 21,153 | $693,821 | |
| GPN | March 31, 2026 | 7,046 | $545,361 | 37.5% |
| DFCA | June 30, 2025 | 10,683 | $522,224 | No longer tracked |
| SHW | March 31, 2025 | 1,465 | $497,997 | -1.6% |
| NIC | June 30, 2026 | 2,926 | $463,098 | 3.5% |
| MOFG | March 31, 2026 | 9,216 | $354,816 | No longer tracked |
| FG | March 31, 2026 | 10,551 | $325,492 | -10.9% |
| IVOO | Sept. 30, 2025 | 3,025 | $323,131 | No longer tracked |
| PYLD | Sept. 30, 2025 | 12,194 | $321,177 | No longer tracked |
| FDS | Sept. 30, 2025 | 708 | $317,106 | 4.7% |
| WBA | June 30, 2025 | 29,105 | $313,757 | No longer tracked |
| HGV | June 30, 2026 | 6,328 | $310,199 | -12.7% |
| BANC | June 30, 2025 | 23,065 | $300,537 | 34.5% |
| TRV | March 31, 2025 | 1,207 | $290,852 | 37.5% |
| XLC | June 30, 2026 | 2,428 | $289,144 | No longer tracked |
| DJD | March 31, 2025 | 5,673 | $287,700 | No longer tracked |
| XLE | Sept. 30, 2025 | 3,216 | $277,220 | No longer tracked |
| SCHR | March 31, 2025 | 11,151 | $270,858 | No longer tracked |
| BFA | Sept. 30, 2025 | 9,559 | $269,079 | No longer tracked |
| CRWV | June 30, 2026 | 2,233 | $260,925 | -7.8% |
| SIL | June 30, 2026 | 2,521 | $254,543 | No longer tracked |
| MOFG | June 30, 2025 | 9,216 | $252,979 | No longer tracked |
| CLX | June 30, 2026 | 2,376 | $248,431 | 13.5% |
| INTU | June 30, 2026 | 614 | $241,496 | 38.7% |
| TTD | Sept. 30, 2025 | 3,272 | $240,688 | -72.5% |
| CARR | Sept. 30, 2025 | 3,208 | $239,437 | 1.5% |
| TSME | June 30, 2026 | 5,107 | $238,957 | No longer tracked |
| SETM | June 30, 2026 | 6,196 | $237,802 | |
| WSO | June 30, 2026 | 539 | $231,910 | -24.7% |
| PHO | March 31, 2026 | 3,264 | $229,827 | |
| C | March 31, 2025 | 3,258 | $229,339 | 85.9% |
| SILJ | March 31, 2026 | 8,262 | $228,617 | No longer tracked |
| ECL | June 30, 2026 | 828 | $227,557 | 2.1% |
| RBLX | March 31, 2025 | 3,874 | $224,150 | -35.1% |
| EXPE | March 31, 2026 | 791 | $224,100 | 41.2% |
| BLD | March 31, 2026 | 534 | $222,779 | No longer tracked |
| EL | Sept. 30, 2025 | 2,585 | $221,792 | 11.4% |
| GOVT | June 30, 2025 | 9,698 | $221,315 | No longer tracked |
| BXMX | March 31, 2026 | 15,035 | $221,009 | No longer tracked |
| STRL | Dec. 31, 2025 | 611 | $220,583 | 70.3% |
| AEM | June 30, 2026 | 997 | $219,526 | 34.4% |
| GOVT | March 31, 2026 | 9,455 | $217,697 | No longer tracked |
| PALL | June 30, 2026 | 1,500 | $213,825 | No longer tracked |
| FDS | March 31, 2026 | 729 | $211,550 | 38.3% |
| VOE | March 31, 2025 | 1,305 | $211,110 | No longer tracked |
| SRE | March 31, 2025 | 2,400 | $210,554 | 21.5% |
| MTB | Sept. 30, 2025 | 1,043 | $209,256 | 22.3% |
| XLC | March 31, 2025 | 2,161 | $209,192 | No longer tracked |
| LEN | Dec. 31, 2025 | 1,691 | $207,726 | -16.5% |
| VONV | Sept. 30, 2025 | 2,408 | $206,968 | |
| GWX | March 31, 2025 | 6,665 | $206,524 | No longer tracked |
| SCHW | Dec. 31, 2025 | 2,200 | $205,465 | 11.2% |
| GSLC | June 30, 2026 | 1,498 | $204,207 | No longer tracked |
| FISV | Sept. 30, 2025 | 1,176 | $203,813 | -60.2% |
| AEM | Dec. 31, 2025 | 1,098 | $203,666 | 23.0% |
| YUMC | June 30, 2026 | 4,190 | $203,445 | 17.6% |
| IHI | March 31, 2026 | 3,268 | $203,106 | No longer tracked |
| SGI | June 30, 2026 | 2,369 | $201,393 | -16.9% |
| SJM | June 30, 2025 | 1,747 | $201,064 | 26.3% |
| FSK | Dec. 31, 2025 | 12,640 | $186,566 | -18.2% |
| CLF | June 30, 2026 | 14,845 | $147,559 | 13.4% |
| PFO | Dec. 31, 2025 | 15,066 | $146,293 | -4.0% |
| FSSL | June 30, 2026 | 10,255 | $128,186 | 4.2% |
| BITO | June 30, 2026 | 11,733 | $124,720 | No longer tracked |
| ESBA | Dec. 31, 2025 | 17,206 | $121,474 | No longer tracked |
| WZRD | June 30, 2026 | 10,000 | $116,556 | No longer tracked |
| SLI | June 30, 2026 | 13,909 | $53,132 | No longer tracked |
| OPTU | June 30, 2026 | 13,323 | $22,249 | -40.7% |
| CGTX | Sept. 30, 2025 | 11,200 | $6,483 | -28.4% |