Sector breakdown

04
Consumer Discretionary 1.2%
Technology 0.6%
Financials 0.4%
Retail 0.2%
Healthcare 0.1%
Other/Unmapped 97.5%

Full portfolio 26 positions

05
Type Streak 8Q trend
DFAC Dimensional ETF Trust $96,565,984 35.80% 2,176,870 $11,449,432 Down ×1
DFIC Dimensional ETF Trust $47,591,789 17.64% 1,277,289 $2,779,399 Up ×1
DFGR Dimensional ETF Trust $25,215,574 9.35% 870,403 $2,295,534 Up ×5
DFGX Dimensional Global ex US Core Fixed Income ETF $24,168,199 8.96% 450,943 $1,354,749 Up ×6
DFCF Dimensional ETF Trust $23,109,512 8.57% 547,489 $951,991 Up ×6
DFSD Dimensional ETF Trust $20,218,496 7.49% 423,424 $763,606 Up ×6
DFEM Dimensional ETF Trust $18,179,288 6.74% 447,325 $2,254,260 Down ×2
MAR Marriott International - Class A Common Stock $3,147,051 1.17% 8,492 $369,900 Up ×1
DFAU Dimensional ETF Trust $2,534,102 0.94% 49,025 $344,067 Up ×1
DFNM Dimensional ETF Trust $2,091,214 0.78% 43,265 $-275,905 Down ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B $778,107 0.29% 1,555 $34,868 Up ×1
MSFT Microsoft Corporation - Common Stock $773,644 0.29% 2,074 $5,912
AAPL Apple Inc. - Common Stock $752,624 0.28% 2,601 $77,543 Down ×2
DFSB Dimensional ETF Trust $699,681 0.26% 13,427 $447,745 Up ×1
DFSV Dimensional ETF Trust $638,134 0.24% 16,451 $61,691
WMT Walmart Inc. - Common Stock $548,744 0.20% 4,845 $-52,274 Up ×1
IVV iShares Trust $451,581 0.17% 603 $47,244 Down ×1
CINF Cincinnati Financial Corporation - Common Stock $311,405 0.12% 1,682 $47,057 Up ×1
ABBV AbbVie Inc. Common Stock $302,471 0.11% 1,202 $41,483 Up ×1
VTEB Vanguard Tax-Exempt Bond ETF $278,241 0.10% 5,501 $9,384 Up ×1
VOO Vanguard S&P 500 ETF $276,097 0.10% 402 $40,065 Up ×1
VCIT Vanguard Intermediate-Term Corporate Bond ETF $257,868 0.10% 3,120 $-312
DFAR Dimensional ETF Trust $234,080 0.09% 8,948 $22,460
VBR Vanguard Morningstar Small-Cap Value ETF $219,420 0.08% 903
VOE Vanguard Morningstar Mid-Cap Value ETF $213,210 0.08% 1,079
PANW Palo Alto Networks, Inc. - Common Stock $204,953 0.08% 601 Up ×1

Conviction holdings

08

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

SecurityValue% of portfolioStreak
DFGR $25,215,574 9.35% up ×5
DFGX $24,168,199 8.96% up ×6
DFCF $23,109,512 8.57% up ×6
DFSD $20,218,496 7.49% up ×6

Biggest new bets

09

New positions opened this quarter, largest first.

SecurityValueShares% of portfolio
VBR $219,420 903 0.08%
VOE $213,210 1,079 0.08%
PANW $204,953 601 0.08%

Top movers (QoQ)

10
SecurityActionShares ΔValue Δ
DFAC Trimmed -13K +$11.4M
DFIC Bought more +16K +$2.8M
DFGR Bought more +8K +$2.3M
DFEM Trimmed -14K +$2.3M
DFGX Bought more +16K +$1.4M
DFCF Bought more +23K +$952K
DFSD Bought more +17K +$764K
DFSB Bought more +9K +$448K
MAR Bought more +1 +$370K
DFAU Bought more +487 +$344K

Exited positions

11

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.

SecurityQuarterShares beforeValue beforePrice since exit
VOO Sept. 30, 2025 2,701 $1,534,249 17.0%
IXUS Sept. 30, 2025 14,029 $1,084,582
VNQ Sept. 30, 2025 11,847 $1,055,094
VXUS Sept. 30, 2025 14,290 $987,296
VBR Sept. 30, 2025 4,636 $904,066
VOE Sept. 30, 2025 5,440 $894,662
IAGG Sept. 30, 2025 16,580 $847,072
VNQI Sept. 30, 2025 17,825 $822,624
VTWV Sept. 30, 2025 4,621 $642,735
VTV Sept. 30, 2025 2,153 $380,521
VTI Sept. 30, 2025 1,118 $339,794 16.6%
PH Dec. 31, 2025 316 $239,575 12.1%
DFIP June 30, 2026 5,506 $229,711
VGIT Sept. 30, 2025 3,442 $205,866
VCSH March 31, 2026 2,566 $204,587
DUK June 30, 2026 1,533 $200,731 -8.6%