Highland Financial Advisors, LLC
CIK 1939237 · View on SEC EDGAR ↗
- Portfolio value
- $454.6M
- Positions
- 73
- As of
- June 30, 2026
#4,031 of 9,443 by 13F value · top 42.7%
Portfolio value QoQ: +20.0% 13F does not disclose cash
- Top 10 holdings weight
- 72.07%
- Top 25 holdings weight
- 93.11%
- Positions above 1%
- 18
- Effective number of positions
- 16.0
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 5.92% Est. buys $61,263,642 · sells $24,661,482
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 85.9% still held
- New positions
- 8
- Increased
- 37
- Decreased
- 18
- Closed
- 2
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
0.9%
Consumer Staples
0.7%
Financials
0.4%
Retail
0.4%
Communication Services
0.3%
Energy
0.2%
Healthcare
0.2%
Consumer Discretionary
0.1%
Financial Services
0.1%
Other/Unmapped
96.8%
Full portfolio 73 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| SPYM | $46,445,643 | 10.22% | 528,512 | $4,470,834 | Down ×1 | ||
| QQQM Invesco NASDAQ 100 ETF | $45,241,607 | 9.95% | 149,327 | $7,730,292 | Down ×1 | ||
| AVUS | $42,456,432 | 9.34% | 331,484 | $5,189,634 | Down ×1 | ||
| DFAU | $41,066,772 | 9.03% | 794,482 | $4,508,148 | Down ×1 | ||
| VONG Vanguard Russell 1000 Growth ETF | $38,296,861 | 8.42% | 299,639 | $11,221,610 | Up ×2 | ||
| AVDE | $36,134,265 | 7.95% | 405,093 | $15,457,089 | Up ×2 | ||
| AVUV | $24,885,993 | 5.47% | 199,471 | $2,278,662 | Down ×1 | ||
| AVIG | $24,628,176 | 5.42% | 594,740 | $1,165,064 | Up ×6 | ||
| AVSU | $15,494,718 | 3.41% | 175,042 | $4,329,234 | Up ×6 | ||
| IWF | $12,967,558 | 2.85% | 104,434 | $1,826,193 | Up ×1 | ||
| SGOV iShares 0-3 Month Treasury Bond ETF | $11,394,394 | 2.51% | 113,186 | $437,801 | Up ×4 | ||
| AVEM | $11,169,972 | 2.46% | 115,763 | $2,697,181 | Up ×2 | ||
| AVDV | $11,147,022 | 2.45% | 108,171 | Up ×1 | |||
| XCEM | $10,078,889 | 2.22% | 190,599 | $2,889,544 | Up ×4 | ||
| VTI | $9,943,588 | 2.19% | 26,872 | $1,745,484 | Up ×1 | ||
| IAU | $9,328,354 | 2.05% | 123,538 | $-2,438,538 | Down ×1 | ||
| AVSD | $6,412,960 | 1.41% | 80,278 | $4,395,330 | Up ×2 | ||
| USXF iShares ESG Advanced MSCI USA ETF | $5,379,041 | 1.18% | 77,452 | $2,718,180 | Up ×2 | ||
| SMIN | $3,987,616 | 0.88% | 56,378 | $1,515,285 | Up ×4 | ||
| GINN | $3,655,873 | 0.80% | 46,412 | $-13,439,348 | Down ×1 | ||
| SCHG | $3,269,756 | 0.72% | 96,624 | $179,471 | Down ×1 | ||
| XJR | $3,032,526 | 0.67% | 57,493 | $803,754 | Up ×5 | ||
| AVSE | $2,534,231 | 0.56% | 30,967 | $908,160 | Up ×2 | ||
| AAPL Apple Inc. - Common Stock | $2,222,050 | 0.49% | 7,679 | $308,935 | Up ×5 | ||
| MEAR | $2,090,266 | 0.46% | 41,490 | $65,692 | Up ×1 | ||
| IEFA | $1,959,715 | 0.43% | 20,291 | $176,635 | Up ×1 | ||
| PM Philip Morris International Inc Common Stock | $1,952,345 | 0.43% | 10,792 | $106,005 | Down ×1 | ||
| JPM JP Morgan Chase & Co. Common Stock | $1,598,194 | 0.35% | 4,883 | $165,502 | Up ×4 | ||
| AMZN Amazon.com, Inc. - Common Stock | $1,513,384 | 0.33% | 6,350 | $243,419 | Up ×4 | ||
| VGT | $1,497,825 | 0.33% | 12,532 | $-640,196 | Up ×2 | ||
| VYM | $1,444,140 | 0.32% | 9,138 | $48,628 | Down ×3 | ||
| DFAE | $1,337,224 | 0.29% | 33,256 | $370,284 | Up ×3 | ||
| SLYV | $1,328,851 | 0.29% | 12,179 | $251,774 | Up ×2 | ||
| FBTC | $1,127,439 | 0.25% | 22,085 | $-84,506 | Up ×1 | ||
| DFAW | $1,042,078 | 0.23% | 12,587 | $113,409 | |||
| MO Altria Group, Inc. | $1,038,760 | 0.23% | 14,437 | $33,319 | Down ×1 | ||
| XOM Exxon Mobil Corporation Common Stock | $836,266 | 0.18% | 6,117 | $-102,998 | Up ×1 | ||
| XVV | $811,245 | 0.18% | 14,285 | $-18,949 | Down ×1 | ||
| VONE Vanguard Russell 1000 ETF | $694,376 | 0.15% | 2,050 | ||||
| MSFT Microsoft Corporation - Common Stock | $686,370 | 0.15% | 1,840 | $58,817 | Up ×4 | ||
| QQQ Invesco QQQ Trust, Series 1 | $664,392 | 0.15% | 902 | $322,298 | Up ×2 | ||
| IVV | $633,561 | 0.14% | 846 | $-284,199 | Down ×1 | ||
| VTV | $599,743 | 0.13% | 2,752 | $85,307 | Up ×1 | ||
| DFAC | $568,119 | 0.12% | 12,807 | $70,439 | |||
| VOO | $567,992 | 0.12% | 827 | $74,416 | Up ×2 | ||
| BRKB | $560,437 | 0.12% | 1,120 | $-53,897 | Down ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $531,962 | 0.12% | 2,659 | $102,832 | Up ×3 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $531,379 | 0.12% | 1,487 | $239,082 | Up ×2 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $496,258 | 0.11% | 881 | $5,370 | Up ×4 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $491,343 | 0.11% | 1,391 | $128,004 | Up ×3 | ||
| TSLA Tesla, Inc. - Common Stock | $451,304 | 0.10% | 1,073 | $50,558 | Down ×1 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $446,139 | 0.10% | 768 | Up ×1 | |||
| JNJ Johnson & Johnson Common Stock | $438,254 | 0.10% | 1,726 | $15,897 | Down ×1 | ||
| EAGG | $370,082 | 0.08% | 7,806 | $11,888 | Up ×3 | ||
| GLD | $355,118 | 0.08% | 964 | ||||
| V Visa Inc. | $354,766 | 0.08% | 1,034 | $47,086 | Up ×1 | ||
| SPY SPY | $326,338 | 0.07% | 437 | Up ×1 | |||
| IEMG | $309,017 | 0.07% | 3,730 | $64,353 | Up ×1 | ||
| DFAI | $274,478 | 0.06% | 6,654 | Up ×1 | |||
| CI The Cigna Group Common Stock | $274,274 | 0.06% | 995 | $7,551 | Down ×1 | ||
| VEA | $261,844 | 0.06% | 3,675 | Up ×1 | |||
| IBDU | $257,308 | 0.06% | 11,110 | $-1,111 | |||
| IBDS | $256,877 | 0.06% | 10,606 | $-212 | |||
| IBDT | $256,590 | 0.06% | 10,162 | $-813 | |||
| IBDR | $256,232 | 0.06% | 10,575 | $-106 | |||
| IBTJ iShares iBonds Dec 2029 Term Treasury ETF | $253,262 | 0.06% | 11,698 | $-2,257 | |||
| IBTI iShares iBonds Dec 2028 Term Treasury ETF | $253,060 | 0.06% | 11,430 | $-1,635 | |||
| IBTH iShares iBonds Dec 2027 Term Treasury ETF | $252,915 | 0.06% | 11,306 | $-679 | |||
| IBTG iShares iBonds Dec 2026 Term Treasury ETF | $252,408 | 0.06% | 11,027 | $-276 | |||
| WMT Walmart Inc. - Common Stock | $237,280 | 0.05% | 2,095 | $-9,540 | Up ×1 | ||
| BAC Bank of America Corporation Common Stock | $233,048 | 0.05% | 4,090 | $31,857 | Down ×1 | ||
| AOA | $224,279 | 0.05% | 2,298 | $21,890 | Up ×1 | ||
| AVLV | $204,128 | 0.04% | 2,238 | Up ×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 |
|---|---|---|---|
| AVIG | $24,628,176 | 5.42% | up ×6 |
| AVSU | $15,494,718 | 3.41% | up ×6 |
| SGOV | $11,394,394 | 2.51% | up ×4 |
| XCEM | $10,078,889 | 2.22% | up ×4 |
| SMIN | $3,987,616 | 0.88% | up ×4 |
| XJR | $3,032,526 | 0.67% | up ×5 |
| AAPL | $2,222,050 | 0.49% | up ×5 |
| JPM | $1,598,194 | 0.35% | up ×4 |
| AMZN | $1,513,384 | 0.33% | up ×4 |
| DFAE | $1,337,224 | 0.29% | up ×3 |
| MSFT | $686,370 | 0.15% | up ×4 |
| NVDA | $531,962 | 0.12% | up ×3 |
| META | $496,258 | 0.11% | up ×4 |
| GOOG | $491,343 | 0.11% | up ×3 |
| EAGG | $370,082 | 0.08% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| AVDE | Bought more | +161K | +$15.5M |
| GINN | Trimmed | -204K | -$13.4M |
| VONG | Bought more | +53K | +$11.2M |
| QQQM | Trimmed | -9K | +$7.7M |
| AVUS | Trimmed | -4K | +$5.2M |
| DFAU | Trimmed | -16K | +$4.5M |
| SPYM | Trimmed | -20K | +$4.5M |
| AVSD | Bought more | +53K | +$4.4M |
| AVSU | Bought more | +24K | +$4.3M |
| XCEM | Bought more | +14K | +$2.9M |
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 |
|---|---|---|---|---|
| VONE | June 30, 2025 | 2,138 | $542,753 | |
| LLY | Dec. 31, 2025 | 632 | $481,990 | 16.3% |
| ESGV | June 30, 2025 | 3,741 | $366,431 | No longer tracked |
| AGG | March 31, 2026 | 2,887 | $288,354 | No longer tracked |
| BX | March 31, 2026 | 1,613 | $248,628 | 24.6% |
| SDG | June 30, 2025 | 3,333 | $241,276 | |
| DFSV | Sept. 30, 2025 | 7,771 | $228,701 | No longer tracked |
| SDG | June 30, 2026 | 2,724 | $228,687 | |
| FISV | March 31, 2026 | 3,199 | $214,877 | -7.6% |
| GLD | March 31, 2026 | 537 | $212,818 | No longer tracked |
| VB | June 30, 2026 | 804 | $210,584 | No longer tracked |
| VONE | March 31, 2026 | 664 | $205,203 | |
| IGR | Sept. 30, 2025 | 11,600 | $61,364 | -9.6% |
| XFLT | March 31, 2026 | 11,731 | $56,309 | 13.0% |
| LLY | March 31, 2025 | 1,026 | $792 | 51.3% |
| TSLA | March 31, 2025 | 1,515 | $612 | 34.6% |
| NVDA | March 31, 2025 | 2,098 | $282 | 100.1% |
| ESML | March 31, 2025 | 6,268 | $264 | No longer tracked |
| PRF | March 31, 2025 | 6,009 | $242 | No longer tracked |
| GOOG | March 31, 2025 | 1,069 | $204 | 117.0% |
| QQQ | March 31, 2025 | 391 | $200 |