Financial Alternatives, Inc
CIK 1967227 · View on SEC EDGAR ↗
- Portfolio value
- $202.9M
- Positions
- 84
- As of
- June 30, 2026
#6,419 of 9,443 by 13F value · top 68.0%
Portfolio value QoQ: +9.4% 13F does not disclose cash
- Top 10 holdings weight
- 66.75%
- Top 25 holdings weight
- 83.90%
- Positions above 1%
- 18
- Effective number of positions
- 12.4
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 0.97% Est. buys $8,349,201 · sells $1,884,567
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 88.4% still held
- New positions
- 6
- Increased
- 27
- Decreased
- 19
- Closed
- 1
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
2.3%
Retail
1.4%
Utilities
0.9%
Consumer Discretionary
0.6%
Energy
0.6%
Industrials
0.5%
Financial Services
0.5%
Communication Services
0.3%
Financials
0.1%
Other/Unmapped
92.7%
Full portfolio 84 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| DFAC | $37,034,356 | 18.25% | 834,859 | $4,663,671 | Up ×5 | ||
| DFAI | $34,496,080 | 17.00% | 836,269 | $2,162,286 | Up ×6 | ||
| VWOB Vanguard Emerging Markets Government Bond ETF | $16,961,513 | 8.36% | 252,253 | $970,645 | Up ×6 | ||
| DFAE | $12,784,962 | 6.30% | 317,955 | $1,978,399 | Down ×1 | ||
| JEPI | $7,322,802 | 3.61% | 129,653 | $-226,011 | Down ×1 | ||
| VNQ | $6,756,940 | 3.33% | 70,071 | $670,725 | Up ×6 | ||
| IAU | $5,177,117 | 2.55% | 68,562 | $-816,000 | Up ×4 | ||
| EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | $5,074,026 | 2.50% | 52,613 | $109,663 | Down ×2 | ||
| VTI | $5,012,878 | 2.47% | 13,547 | $434,723 | Down ×2 | ||
| VNQI Vanguard Global ex-U.S. Real Estate ETF | $4,834,465 | 2.38% | 107,792 | $192,513 | Up ×6 | ||
| VUG | $4,279,953 | 2.11% | 49,686 | $636,250 | Up ×2 | ||
| DFAU | $3,547,899 | 1.75% | 68,638 | $447,252 | Down ×3 | ||
| AAPL Apple Inc. - Common Stock | $3,396,891 | 1.67% | 11,739 | $599,494 | Up ×1 | ||
| VV | $3,343,837 | 1.65% | 9,723 | $438,118 | |||
| HYG | $2,784,956 | 1.37% | 34,825 | $14,279 | |||
| DFIC | $2,398,389 | 1.18% | 64,369 | $109,652 | Down ×2 | ||
| DFEM | $2,207,931 | 1.09% | 54,329 | $318,046 | Down ×6 | ||
| HD Home Depot, Inc. (The) Common Stock | $2,129,728 | 1.05% | 6,039 | $175,463 | Up ×1 | ||
| SRE DBA Sempra Common Stock | $1,830,189 | 0.90% | 19,741 | $-89,696 | Down ×1 | ||
| VONG Vanguard Russell 1000 Growth ETF | $1,562,482 | 0.77% | 12,225 | $-70,477 | Down ×6 | ||
| SPGP | $1,504,290 | 0.74% | 12,301 | $180,456 | |||
| IJT iShares S&P SmallCap 600 Growth ETF | $1,501,491 | 0.74% | 8,407 | $284,914 | |||
| BRKA | $1,497,700 | 0.74% | 2 | $61,420 | |||
| ETJ Eaton Vance Risk-Managed Diversified Equity Income Fund Common Shares of Beneficial Interest | $1,489,593 | 0.73% | 180,120 | $-51,801 | Down ×6 | ||
| BRKB | $1,341,547 | 0.66% | 2,681 | $-21,299 | Down ×1 | ||
| TSLA Tesla, Inc. - Common Stock | $1,312,693 | 0.65% | 3,121 | $226,811 | Up ×1 | ||
| XOM Exxon Mobil Corporation Common Stock | $1,292,141 | 0.64% | 9,451 | $-311,316 | |||
| IXUS iShares Core MSCI Total International Stock ETF | $1,257,422 | 0.62% | 13,175 | $88,561 | Down ×5 | ||
| DIA | $1,257,393 | 0.62% | 2,407 | $142,494 | |||
| VEU | $1,243,285 | 0.61% | 14,845 | $76,678 | Down ×3 | ||
| SPY SPY | $1,216,910 | 0.60% | 1,630 | $-32,760 | Down ×2 | ||
| VBR | $1,090,743 | 0.54% | 4,489 | $115,543 | |||
| IJK | $1,067,370 | 0.53% | 9,084 | $153,337 | |||
| VBK | $1,039,686 | 0.51% | 2,843 | $180,389 | |||
| IWP | $898,958 | 0.44% | 6,140 | $112,301 | |||
| VOE | $869,775 | 0.43% | 4,402 | $58,630 | |||
| APH Amphenol Corporation Common Stock | $848,629 | 0.42% | 4,813 | $240,506 | |||
| IJS | $815,980 | 0.40% | 5,970 | $108,833 | |||
| VO | $801,189 | 0.39% | 9,944 | $87,259 | Up ×1 | ||
| ESGV | $787,259 | 0.39% | 5,953 | $123,474 | Up ×3 | ||
| ITOT | $757,285 | 0.37% | 4,610 | $100,682 | |||
| EAGG | $679,910 | 0.34% | 14,341 | $180,872 | Up ×6 | ||
| VIG | $656,265 | 0.32% | 2,773 | $59,796 | |||
| DFAX | $650,168 | 0.32% | 17,648 | $20,289 | Down ×3 | ||
| NVDA NVIDIA Corporation - Common Stock | $638,598 | 0.31% | 3,192 | $192,822 | Up ×2 | ||
| VEA | $631,919 | 0.31% | 8,869 | $92,105 | Up ×4 | ||
| FOF Cohen & Steers Closed-End Opportunity Fund, Inc. Common Stock | $607,889 | 0.30% | 43,796 | $45,986 | |||
| IWS | $602,766 | 0.30% | 3,662 | $69,066 | |||
| V Visa Inc. | $574,866 | 0.28% | 1,676 | $68,551 | Up ×1 | ||
| IJJ | $562,261 | 0.28% | 3,806 | $57,966 | |||
| GOOGL Alphabet Inc. - Class A Common Stock | $524,756 | 0.26% | 1,468 | $165,018 | Up ×1 | ||
| COST Costco Wholesale Corporation - Common Stock | $506,090 | 0.25% | 541 | $6,878 | Up ×2 | ||
| VWO | $447,208 | 0.22% | 7,492 | $55,928 | Up ×1 | ||
| EZU | $444,800 | 0.22% | 6,400 | $43,904 | |||
| MGV | $442,124 | 0.22% | 2,705 | $50,469 | Up ×1 | ||
| EFA | $436,296 | 0.21% | 4,200 | $28,350 | |||
| VPL | $400,103 | 0.20% | 3,458 | $62,113 | |||
| PRFZ Invesco RAFI US 1500 Small-Mid ETF | $360,442 | 0.18% | 6,463 | $59,397 | Down ×2 | ||
| MGK | $352,979 | 0.17% | 4,015 | $57,841 | Up ×1 | ||
| PRF | $352,492 | 0.17% | 6,524 | $44,402 | Up ×1 | ||
| IWB | $348,485 | 0.17% | 851 | $45,052 | |||
| IWD | $348,130 | 0.17% | 1,436 | $41,299 | |||
| IFGL iShares International Developed Real Estate ETF | $345,865 | 0.17% | 15,510 | $2,329 | Up ×2 | ||
| IVV | $337,001 | 0.17% | 450 | $-1,362 | Down ×1 | ||
| QCOM QUALCOMM Incorporated - Common Stock | $328,927 | 0.16% | 1,780 | $-52,520 | Down ×1 | ||
| VOOG | $307,347 | 0.15% | 3,720 | $53,763 | Up ×1 | ||
| IYF | $306,790 | 0.15% | 2,406 | $23,700 | |||
| IEUS iShares MSCI Europe Small-Cap ETF | $301,756 | 0.15% | 4,360 | $12,557 | |||
| IWR | $298,637 | 0.15% | 2,707 | $23,573 | Down ×2 | ||
| VOO | $269,122 | 0.13% | 392 | ||||
| VSGX | $250,329 | 0.12% | 3,040 | $33,919 | Up ×1 | ||
| BAC Bank of America Corporation Common Stock | $245,527 | 0.12% | 4,309 | $35,463 | |||
| AMZN Amazon.com, Inc. - Common Stock | $238,340 | 0.12% | 1,000 | $30,070 | |||
| SDY | $235,714 | 0.12% | 1,549 | $9,665 | |||
| IWF | $234,433 | 0.12% | 1,888 | $33,172 | Up ×1 | ||
| GLD | $234,290 | 0.12% | 636 | $-4,952 | Up ×1 | ||
| VTWO Vanguard Russell 2000 ETF | $230,698 | 0.11% | 1,900 | Up ×1 | |||
| SPGI S&P Global Inc. Common Stock | $223,179 | 0.11% | 548 | $-9,908 | |||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $223,026 | 0.11% | 467 | Up ×1 | |||
| ESGE iShares ESG Aware MSCI EM ETF | $221,331 | 0.11% | 4,047 | ||||
| COHR Coherent Corp. Common Stock | $215,381 | 0.11% | 546 | Up ×1 | |||
| GS Goldman Sachs Group, Inc. (The) Common Stock | $200,685 | 0.10% | 198 | Up ×1 | |||
| PDI PIMCO Dynamic Income Fund Common Stock | $174,298 | 0.09% | 10,437 | $-4,280 | |||
| ETW Eaton Vance Corporation Eaton Vance Tax-Managed Global Buy-Write Opportunites Fund Common Shares of Beneficial Interest | $120,173 | 0.06% | 12,466 | $10,721 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| DFAC | Bought more | +2K | +$4.7M |
| DFAI | Bought more | +6K | +$2.2M |
| DFAE | Trimmed | -1K | +$2.0M |
| VWOB | Bought more | +9K | +$971K |
| IAU | Bought more | +582 | -$816K |
| VNQ | Bought more | +1K | +$671K |
| VUG | Bought more | +41K | +$636K |
| AAPL | Bought more | +717 | +$599K |
| DFAU | Trimmed | -82 | +$447K |
| VV | Price move only | +0 | +$438K |
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 |
|---|---|---|---|---|
| GSBD | March 31, 2026 | 46,982 | $435,993 | 11.0% |
| ESGE | March 31, 2026 | 5,172 | $228,448 | |
| ROP | Sept. 30, 2025 | 400 | $226,736 | -18.8% |
| MSFT | March 31, 2026 | 464 | $224,400 | 30.2% |
| VSGX | June 30, 2025 | 3,740 | $220,606 | No longer tracked |
| GOOG | March 31, 2026 | 703 | $220,602 | 18.2% |
| BOXX | Sept. 30, 2025 | 1,896 | $213,642 | No longer tracked |
| IBM | March 31, 2026 | 700 | $207,347 | -3.6% |
| META | Dec. 31, 2025 | 280 | $205,627 | -16.9% |
| VOO | March 31, 2026 | 326 | $204,563 | No longer tracked |
| ADBE | June 30, 2026 | 838 | $203,702 | 33.1% |
| JPST | March 31, 2026 | 4,000 | $202,360 | No longer tracked |
| CGBD | March 31, 2026 | 11,930 | $149,006 | 3.6% |
| PFN | Dec. 31, 2025 | 14,955 | $113,509 | -7.8% |