Level Financial Advisors
CIK 1871734 · View on SEC EDGAR ↗
- Portfolio value
- $447.5M
- Positions
- 95
- As of
- June 30, 2026
#4,071 of 9,443 by 13F value · top 43.1%
Portfolio value QoQ: +14.1% 13F does not disclose cash
- Top 10 holdings weight
- 55.03%
- Top 25 holdings weight
- 83.76%
- Positions above 1%
- 25
- Effective number of positions
- 20.8
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 0.57% Est. buys $33,442,848 · sells $2,378,173
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 93.1% still held
- New positions
- 5
- Increased
- 36
- Decreased
- 32
- 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
1.7%
Consumer products
1.1%
Communication Services
0.4%
Materials
0.3%
Logistics & Transportation
0.3%
Financials
0.2%
Retail
0.2%
Industrials
0.2%
Utilities
0.1%
Healthcare
0.1%
Energy
0.1%
Consumer Discretionary
0.1%
Other/Unmapped
95.0%
Full portfolio 95 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| VOO | $64,523,357 | 14.42% | 93,946 | $9,658,410 | Up ×3 | ||
| VEA | $34,606,521 | 7.73% | 485,706 | $5,673,559 | Up ×6 | ||
| VGSH Vanguard Short-Term Treasury ETF | $31,015,454 | 6.93% | 532,912 | $1,098,765 | Up ×4 | ||
| BSV | $18,533,169 | 4.14% | 237,879 | $751,370 | Up ×6 | ||
| DUHP | $18,175,918 | 4.06% | 435,560 | $2,759,170 | Up ×6 | ||
| DFGR | $17,906,845 | 4.00% | 618,117 | $2,429,725 | Up ×6 | ||
| DFEM | $16,428,402 | 3.67% | 404,242 | $3,034,021 | Up ×6 | ||
| VUG | $15,238,801 | 3.41% | 176,907 | $4,631,691 | Up ×6 | ||
| DFIP | $14,960,097 | 3.34% | 362,625 | $666,377 | Up ×6 | ||
| VCSH Vanguard Short-Term Corporate Bond ETF | $14,893,117 | 3.33% | 188,449 | $287,674 | Up ×6 | ||
| VMBS Vanguard Mortgage-Backed Securities ETF | $13,446,387 | 3.00% | 287,255 | $1,223,935 | Up ×6 | ||
| VTV | $12,937,052 | 2.89% | 59,363 | $2,834,778 | Up ×6 | ||
| BNDX Vanguard Total International Bond ETF | $12,396,568 | 2.77% | 255,969 | $2,092,595 | Up ×6 | ||
| DFLV | $11,953,897 | 2.67% | 302,324 | $1,577,386 | Up ×6 | ||
| DFUV | $10,463,441 | 2.34% | 190,210 | $1,102,584 | Down ×6 | ||
| DFIS | $10,038,740 | 2.24% | 286,576 | $945,932 | Up ×6 | ||
| AVRE | $8,204,417 | 1.83% | 173,162 | $578,176 | Down ×1 | ||
| VTI | $8,170,644 | 1.83% | 22,080 | $1,042,881 | Down ×1 | ||
| VWO | $7,055,920 | 1.58% | 118,209 | $1,485,833 | Up ×6 | ||
| AVSC | $6,813,685 | 1.52% | 92,905 | $1,209,819 | Up ×6 | ||
| AVEM | $6,380,093 | 1.43% | 66,122 | $965,692 | Down ×2 | ||
| DFSV | $5,577,187 | 1.25% | 143,779 | $731,143 | Up ×6 | ||
| SHYG | $5,200,320 | 1.16% | 122,620 | $102,928 | Up ×4 | ||
| PG Procter & Gamble Company (The) Common Stock | $5,070,702 | 1.13% | 34,579 | $74,630 | Down ×3 | ||
| DFAT | $4,844,238 | 1.08% | 69,302 | $531,275 | Up ×1 | ||
| AVUV | $3,641,609 | 0.81% | 29,189 | $372,662 | Down ×2 | ||
| DFAE | $3,551,124 | 0.79% | 88,314 | $378,436 | Down ×3 | ||
| BLV | $3,520,987 | 0.79% | 51,081 | $-168,552 | Down ×1 | ||
| VB | $3,343,732 | 0.75% | 11,031 | $854,651 | Up ×6 | ||
| BIV | $3,213,577 | 0.72% | 41,898 | $110,478 | Up ×5 | ||
| DFSU | $3,138,525 | 0.70% | 67,307 | $340,255 | Down ×2 | ||
| LRCX Lam Research Corporation - Common Stock | $3,055,843 | 0.68% | 7,052 | $1,549,113 | |||
| AVDE | $2,888,342 | 0.65% | 32,381 | $154,824 | Up ×3 | ||
| AAPL Apple Inc. - Common Stock | $2,432,754 | 0.54% | 8,407 | $275,935 | Down ×1 | ||
| QUAL | $2,250,754 | 0.50% | 10,257 | $283,314 | |||
| VSS | $2,115,610 | 0.47% | 13,712 | $78,852 | Down ×6 | ||
| IWC | $1,954,191 | 0.44% | 9,769 | $368,944 | Down ×3 | ||
| VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares | $1,759,020 | 0.39% | 35,019 | $-6,877 | Down ×3 | ||
| NYF | $1,734,879 | 0.39% | 32,184 | $-7,457 | Down ×4 | ||
| DFSI | $1,581,380 | 0.35% | 35,064 | $110,996 | Up ×3 | ||
| VCEB | $1,346,892 | 0.30% | 21,461 | $-259,168 | Down ×1 | ||
| SPY SPY | $1,331,433 | 0.30% | 1,783 | $106,450 | Down ×5 | ||
| LIN Linde plc - Ordinary Shares | $1,330,585 | 0.30% | 2,564 | $-125,462 | Down ×1 | ||
| UPS United Parcel Service, Inc. Common Stock | $1,306,340 | 0.29% | 12,152 | $88,199 | Down ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $1,226,047 | 0.27% | 6,127 | $156,243 | Down ×1 | ||
| VGSR Vert Global Sustainable Real Estate ETF | $1,171,508 | 0.26% | 102,899 | $101,093 | Down ×2 | ||
| VBR | $1,106,331 | 0.25% | 4,553 | $105,117 | Down ×6 | ||
| REET | $1,091,119 | 0.24% | 39,505 | $82,994 | Down ×3 | ||
| DFIV | $1,074,974 | 0.24% | 19,900 | $21,649 | Down ×3 | ||
| AVDV | $1,033,848 | 0.23% | 10,032 | $42,157 | Up ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $938,867 | 0.21% | 2,627 | $186,743 | Up ×2 | ||
| SUSB iShares ESG Aware 1-5 Year USD Corporate Bond ETF | $881,190 | 0.20% | 35,262 | $7,757 | Up ×3 | ||
| MSFT Microsoft Corporation - Common Stock | $836,382 | 0.19% | 2,242 | $6,465 | |||
| DFSB | $801,644 | 0.18% | 15,384 | $281,179 | Up ×4 | ||
| ESGD iShares ESG Aware MSCI EAFE ETF | $786,599 | 0.18% | 7,651 | $36,651 | Down ×1 | ||
| BRKB | $762,594 | 0.17% | 1,524 | $-186,222 | Down ×4 | ||
| ILTB | $739,453 | 0.17% | 15,014 | Up ×1 | |||
| JPM JP Morgan Chase & Co. Common Stock | $710,900 | 0.16% | 2,172 | $49,977 | Down ×3 | ||
| DFGX Dimensional Global ex US Core Fixed Income ETF | $695,768 | 0.16% | 12,982 | $310,152 | Up ×2 | ||
| AMZN Amazon.com, Inc. - Common Stock | $689,994 | 0.15% | 2,895 | $86,844 | Down ×1 | ||
| IVV | $667,680 | 0.15% | 892 | $85,304 | |||
| AVLV | $661,855 | 0.15% | 7,256 | $95,099 | Up ×1 | ||
| VONG Vanguard Russell 1000 Growth ETF | $580,130 | 0.13% | 4,539 | $78,408 | Down ×1 | ||
| NEE NextEra Energy, Inc. Common Stock | $569,942 | 0.13% | 6,494 | $-33,182 | |||
| ESGV | $558,732 | 0.12% | 4,225 | $84,376 | |||
| ITOT | $544,996 | 0.12% | 3,318 | $72,671 | Up ×6 | ||
| LLY Eli Lilly and Company Common Stock | $535,971 | 0.12% | 447 | $124,968 | |||
| AVSE | $505,221 | 0.11% | 6,174 | $94,328 | Up ×3 | ||
| SUSC iShares ESG Aware USD Corporate Bond ETF | $473,400 | 0.11% | 20,448 | ||||
| META Meta Platforms, Inc. - Class A Common Stock | $451,759 | 0.10% | 802 | $-13,955 | Down ×1 | ||
| DFSE | $425,971 | 0.10% | 8,715 | $60,710 | Up ×1 | ||
| MTB M&T Bank Corporation Common Stock | $402,847 | 0.09% | 1,693 | $53,028 | Up ×3 | ||
| NOC Northrop Grumman Corporation Common Stock | $390,641 | 0.09% | 767 | $-132,637 | |||
| XOM Exxon Mobil Corporation Common Stock | $372,015 | 0.08% | 2,721 | $-89,630 | |||
| ESGU iShares ESG Aware MSCI USA ETF | $358,601 | 0.08% | 2,191 | $48,750 | |||
| VSGX | $326,438 | 0.07% | 3,965 | $42,064 | |||
| GOOG Alphabet Inc. - Class C Capital Stock | $318,704 | 0.07% | 902 | $-18,357 | Down ×1 | ||
| GE GE Aerospace Common Stock | $316,549 | 0.07% | 847 | $76,196 | |||
| VIG | $290,569 | 0.06% | 1,228 | $26,475 | |||
| IAGG | $288,420 | 0.06% | 5,700 | $3,192 | |||
| DFNM | $279,135 | 0.06% | 5,775 | $2,339 | |||
| TSLA Tesla, Inc. - Common Stock | $270,025 | 0.06% | 642 | $31,361 | |||
| QQQ Invesco QQQ Trust, Series 1 | $266,787 | 0.06% | 362 | ||||
| NFLX Netflix, Inc. - Common Stock | $265,608 | 0.06% | 3,720 | $-92,070 | |||
| HD Home Depot, Inc. (The) Common Stock | $262,746 | 0.06% | 745 | $16,222 | Down ×2 | ||
| GEV GE Vernova Inc. Common Stock | $260,819 | 0.06% | 222 | Up ×1 | |||
| MOGA | $247,946 | 0.06% | 585 | Up ×1 | |||
| VNQ | $244,040 | 0.05% | 2,531 | $-2,612 | Down ×5 | ||
| GNMA iShares GNMA Bond ETF | $243,442 | 0.05% | 5,504 | $-550 | |||
| VTEB | $241,317 | 0.05% | 4,771 | $3,292 | |||
| VOE | $234,455 | 0.05% | 1,187 | $15,885 | Up ×1 | ||
| VTES | $232,203 | 0.05% | 2,292 | $390 | |||
| VONV Vanguard Russell 1000 Value ETF | $229,842 | 0.05% | 2,162 | $27,176 | |||
| CVX Chevron Corporation Common Stock | $215,836 | 0.05% | 1,302 | $-52,222 | Up ×1 | ||
| FTNY | $120,842 | 0.03% | 15,162 | $2,578 | |||
| 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 |
|---|---|---|---|
| VOO | $64,523,357 | 14.42% | up ×3 |
| VEA | $34,606,521 | 7.73% | up ×6 |
| VGSH | $31,015,454 | 6.93% | up ×4 |
| BSV | $18,533,169 | 4.14% | up ×6 |
| DUHP | $18,175,918 | 4.06% | up ×6 |
| DFGR | $17,906,845 | 4.00% | up ×6 |
| DFEM | $16,428,402 | 3.67% | up ×6 |
| VUG | $15,238,801 | 3.41% | up ×6 |
| DFIP | $14,960,097 | 3.34% | up ×6 |
| VCSH | $14,893,117 | 3.33% | up ×6 |
| VMBS | $13,446,387 | 3.00% | up ×6 |
| VTV | $12,937,052 | 2.89% | up ×6 |
| BNDX | $12,396,568 | 2.77% | up ×6 |
| DFLV | $11,953,897 | 2.67% | up ×6 |
| DFIS | $10,038,740 | 2.24% | up ×6 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| VOO | Bought more | +2K | +$9.7M |
| VEA | Bought more | +34K | +$5.7M |
| VUG | Bought more | +153K | +$4.6M |
| DFEM | Bought more | +17K | +$3.0M |
| VTV | Bought more | +8K | +$2.8M |
| DUHP | Bought more | +16K | +$2.8M |
| DFGR | Bought more | +36K | +$2.4M |
| BNDX | Bought more | +42K | +$2.1M |
| DFLV | Bought more | +12K | +$1.6M |
| LRCX | Price move only | +0 | +$1.5M |
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 |
|---|---|---|---|---|
| AGG | March 31, 2026 | 7,570 | $756,092 | No longer tracked |
| QQQ | March 31, 2026 | 1,034 | $635,123 | |
| SCHJ | Dec. 31, 2025 | 17,685 | $441,152 | No longer tracked |
| MOGB | June 30, 2025 | 2,158 | $370,291 | No longer tracked |
| MA | March 31, 2026 | 609 | $347,512 | 15.5% |
| IBM | March 31, 2026 | 818 | $242,365 | -2.6% |
| SUSC | March 31, 2026 | 9,195 | $215,022 | |
| TSLA | March 31, 2025 | 532 | $214,843 | 33.2% |
| BA | June 30, 2026 | 1,074 | $213,758 | 1.3% |
| GBTC | June 30, 2026 | 4,041 | $213,203 | No longer tracked |