EF
Elser Financial Planning, Inc Institutional Portfolio & 13F Holdings (Q3 2026)
Elser Financial Planning, IncCIK: 0002028202
Concentrated strategyContrarianSector-focused
Total reported value
$2.3B
Reporting period: 2026-09-30 · Number of holdings: 132
Elser Financial Planning, Inc disclosed 132 holdings in its latest 13F filing for the period ending 2026-09-30, with total reported value of $2.3B and a quarterly turnover rate of 15.5%.
Browse other institutions with $1B to $10B AUMBrowse other institutions starting with "E"
Personality snowflake
- Concentration
- 100
- Portfolio Stability
- 15.49
- Momentum
- 0
- Sector conviction
- 78.99
- Diversification
- 100
- Sizing Uniformity
- 33.37
Elser Financial Planning, Inc's disclosed holdings carry a Herfindahl concentration index of 0.341 — mathematically equivalent to about 3 equally-sized positions, well below its 132 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 6.66), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 3% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govNew buy DFGP
Sold out DFSV
Trim DFCF
-14.0% -$34.0M
Sold out DUHP
Trim DFGX
-56.0% -$24.2M
New buy AVLV
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | MBIN | Merchants Bancorp/in | Stock-Other | 57.42% | -0.70% | -0.04% | |
| 2 | DFCF | Dimensional Core Fixed Inc | ETF-Other | 6.67% | -1.41% | -13.97% | |
| 3 | DFAU | Dimensional US Core Equity M | ETF-Other | 4.56% | +0.10% | +0.05% | |
| 4 | DFIC | Dimensional International Co | ETF-Other | 3.76% | +0.19% | +3.41% | |
| 5 | DFUS | Dimensional US Eq Mkt ETF | ETF-Other | 3.33% | +0.06% | -0.47% | |
| 6 | DFGP | Dimensional Glbl Core Pl Fix | ETF-Other | 2.32% | +2.32% | NEW | |
| 7 | DFUV | Dimensional US Marketwide Va | ETF-Other | 1.99% | -0.12% | -6.56% | |
| 8 | DFEM | Dimensional Emrg Mrkt Core | ETF-Other | 1.86% | +0.03% | +3.06% | |
| 9 | DFAS | Dimensional US Small Cap ETF | ETF-Small Cap | 1.81% | -0.12% | -0.75% | |
| 10 | DFSD | Dimensional Short Duration | ETF-Other | 1.67% | +0.02% | +2.59% | |
| 11 | AVLV | Avantis US Large Cap Value | ETF-Large Cap & Growth | 1.01% | +1.01% | NEW | |
| 12 | LLY | Eli Lilly & Co | Stock-Healthcare | 0.98% | -0.01% | +1.33% | |
| 13 | DFAT | Dimensional US Target Value | ETF-Other | 0.89% | -0.20% | -14.70% | |
| 14 | ✓ | Stock-Other | 0.88% | +0.88% | NEW | ||
| 15 | DFAX | Dimensional World Ex US Core | ETF-Other | 0.83% | +0.01% | -0.09% | |
| 16 | AVUV | Avantis US Small Cap Value | ETF-Small Cap | 0.79% | +0.79% | NEW | |
| 17 | DFGX | Dimsnl Intr Cf In Etf-usd In | ETF-Other | 0.77% | -1.04% | -55.98% | |
| 18 | ✓ | Stock-Other | 0.56% | +0.56% | NEW | ||
| 19 | DFSI | Dimensional Int Sus Cor1 ETF | ETF-Other | 0.45% | -0.02% | -4.79% | |
| 20 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 0.44% | +0.02% | +3.75% | |
| 21 | DFSU | Dimensional US Sus Core1 ETF | ETF-Other | 0.42% | -0.07% | -16.69% | |
| 22 | DFGR | Dim Global Real Estate ETF | ETF-Other | 0.42% | -0.02% | -0.39% | |
| 23 | AAPL | Apple Inc | Stock-Tech | 0.38% | +0.06% | +1.05% | |
| 24 | ✓ | Stock-Other | 0.37% | +0.37% | NEW | ||
| 25 | VSDM | Vanguard Short Tax-ex Bond | ETF-Other | 0.35% | +0.35% | NEW | |
| 26 | DFAI | Dimensional International Co | ETF-Other | 0.29% | — | -0.89% | |
| 27 | DFAE | Dimensional Emerging Core Eq | ETF-Emerging Markets | 0.28% | -0.01% | -1.80% | |
| 28 | DFSE | Dimensional Em Sus Core1 ETF | ETF-Other | 0.25% | -0.02% | -5.17% | |
| 29 | DFLV | Dim US Large Cap Value ETF | ETF-Large Cap & Growth | 0.19% | -0.11% | -37.90% | |
| 30 | VTEB | Vanguard Tax-exempt Bond ETF | ETF-Other | 0.18% | -0.05% | -16.58% | |
| 31 | SCHX | Schwab US Large-cap ETF | ETF-Other | 0.17% | — | -3.69% | |
| 32 | VCRM | Vanguard Core Tax-ex Bond | ETF-Other | 0.17% | +0.17% | NEW | |
| 33 | SCHB | Schwab US Broad Market ETF | ETF-Other | 0.13% | — | -1.76% | |
| 34 | SCHA | Schwab US Small-cap ETF | ETF-Other | 0.13% | -0.02% | -4.25% | |
| 35 | SPYG | Ss Spdr P S&p 500 Growth ETF | ETF-Large Cap & Growth | 0.13% | +0.08% | +169.01% | |
| 36 | DFNM | Dimensional National Muni Bd | ETF-Other | 0.13% | +0.13% | NEW | |
| 37 | VB | Vanguard Small-cap ETF | ETF-Other | 0.12% | -0.01% | -1.04% | |
| 38 | MSFT | Microsoft CORP | Stock-Tech | 0.12% | +0.04% | +3.07% | |
| 39 | NVDA | Nvidia CORP | Stock-Tech | 0.11% | +0.02% | +1.60% | |
| 40 | JPM | Jpmorgan Chase & Co | Stock-Financials | 0.11% | +0.01% | +1.07% | |
| 41 | SCHF | Schwab Intl Equity ETF | ETF-Other | 0.10% | -0.01% | -2.85% | |
| 42 | JNJ | Johnson & Johnson | Stock-Healthcare | 0.10% | +0.01% | +0.52% | |
| 43 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 0.09% | — | -4.67% | |
| 44 | VTIP | Vanguard Short-term Tips | ETF-Other | 0.09% | +0.09% | NEW | |
| 45 | QTEC | First Trust Nasdq 100 Tech I | ETF-Tech | 0.08% | — | — | |
| 46 | BRO | Brown & Brown Inc | Stock-Financials | 0.08% | — | +0.19% | |
| 47 | AN | Autonation Inc | Stock-Consumer Disc | 0.08% | +0.01% | +3.45% | |
| 48 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.07% | — | +2.23% | |
| 49 | FXL | First Trust Technology Alpha | ETF-Tech | 0.07% | +0.01% | — | |
| 50 | VCSH | Vanguard S/t CORP Bond ETF | ETF-Corp Bonds | 0.06% | -0.04% | -39.23% |
1–50 of 132
Portfolio Performance
Performance for Q4 2026
-6.9%
Performance Last 4 Quarters
+15.4%
- Stdev
- +12.1%
- Beta
- +0.59
- Alpha
- +7.3%
- Max Drawdown
- -7%
- Annualized Perf
- +18.7%
- Batting Avg vs S&P
- +39.1%
- Sortino
- +2.71
- Stutzer
- +0.42
- Treynor
- +0.31
- Sterling
- +1.1
- Calmar
- +2.69
- Information Ratio
- -0.02
- Tracking Error
- +11.2%
- Stdev Down
- +6.6%
- Winning Months %
- +69.6%
- Losing Months %
- +30.4%
- Best 12 Months
- +35.6%
- Worst 12 Months
- +15.4%
- Efficiency Ratio
- +0.52
- Sharpe
- +1.48
- Stdev Sectors
- +12.8%
- Skewness
- -0.6
- Kurtosis
- -0.65
- Upside Potential
- +4.3
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
Holding changes this quarter
Elser Financial Planning, Inc's most significant position changes for 2026-09-30: New buy: Dimensional Glbl Core Pl Fix (DFGP); Sold out: Dimensional US Small Cap Val (DFSV); Sold out: Dimensional US High Profi Et (DUHP); New buy: Avantis US Large Cap Value (AVLV); New buy: .
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | DFGP | Dimensional Glbl Core Pl Fix | +2.3% | NEW | New buy |
| 2 | AVLV | Avantis US Large Cap Value | +1% | NEW | New buy |
| 3 | ✓ | +0.9% | NEW | New buy | |
| 4 | AVUV | Avantis US Small Cap Value | +0.8% | NEW | New buy |
| 5 | ✓ | +0.6% | NEW | New buy | |
| 6 | ✓ | +0.4% | NEW | New buy | |
| 7 | VSDM | Vanguard Short Tax-ex Bond | +0.4% | NEW | New buy |
| 8 | DFIC | Dimensional International Co | +0.2% | +3.41% | Add |
| 9 | VCRM | Vanguard Core Tax-ex Bond | +0.2% | NEW | New buy |
| 10 | DFNM | Dimensional National Muni Bd | +0.1% | NEW | New buy |
| 11 | DFAU | Dimensional US Core Equity M | +0.1% | +0.05% | Add |
| 12 | VTIP | Vanguard Short-term Tips | +0.1% | NEW | New buy |
| 13 | SPYG | Ss Spdr P S&p 500 Growth ETF | +0.1% | +169.01% | Add |
| 14 | AAPL | Apple Inc | +0.1% | +1.05% | Add |
| 15 | DFUS | Dimensional US Eq Mkt ETF | +0.1% | -0.47% | Trim |
| 16 | MSFT | Microsoft CORP | 0% | +3.07% | Add |
| 17 | VPU | Vanguard Utilities ETF | 0% | NEW | New buy |
| 18 | VTES | Vanguard Sh Term Tax-ex Bond | 0% | +108.74% | Add |
| 19 | DFEM | Dimensional Emrg Mrkt Core | 0% | +3.06% | Add |
| 20 | VOO | Vanguard S&p 500 ETF | 0% | +3.75% | Add |
| 21 | NVDA | Nvidia CORP | 0% | +1.60% | Add |
| 22 | DFSD | Dimensional Short Duration | 0% | +2.59% | Add |
| 23 | BITW | Bitwise 10 Crypto Index ETF | 0% | — | Unchanged |
| 24 | MRNA | Moderna Inc | 0% | NEW | New buy |
| 25 | ABT | Abbott Laboratories | 0% | NEW | New buy |
| 26 | GDDY | Godaddy Inc - Class A | 0% | NEW | New buy |
| 27 | ANF | Abercrombie & Fitch Co-cl A | 0% | NEW | New buy |
| 28 | SMB | Vaneck Short Muni ETF | 0% | NEW | New buy |
| 29 | AN | Autonation Inc | 0% | +3.45% | Add |
| 30 | META | Meta Platforms Inc-class A | 0% | +8.62% | Add |
| 31 | JNJ | Johnson & Johnson | 0% | +0.52% | Add |
| 32 | DFAX | Dimensional World Ex US Core | 0% | -0.09% | Trim |
| 33 | EFA | Ishares Msci Eafe ETF | 0% | +16.88% | Add |
| 34 | JPM | Jpmorgan Chase & Co | 0% | +1.07% | Add |
| 35 | AME | Ametek Inc | 0% | +3.40% | Add |
| 36 | DFIV | Dimensional International Va | 0% | — | Unchanged |
| 37 | FXL | First Trust Technology Alpha | 0% | — | Unchanged |
| 38 | COST | Costco Wholesale CORP | — | -4.67% | Trim |
| 39 | NVS | Novartis Ag-sponsored Adr | — | — | Unchanged |
| 40 | CVX | Chevron CORP | — | +1.65% | Add |
| 41 | XLE | Ss Energy Select Sector | — | — | Unchanged |
| 42 | BRO | Brown & Brown Inc | — | +0.19% | Add |
| 43 | VEA | Vanguard Ftse Developed ETF | — | +7.64% | Add |
| 44 | SCHX | Schwab US Large-cap ETF | — | -3.69% | Trim |
| 45 | SCHG | Schwab US Large-cap Growth | — | +0.01% | Add |
| 46 | MU | Micron Technology Inc | — | +2.83% | Add |
| 47 | R | Ryder System Inc | — | +0.20% | Add |
| 48 | TSLA | Tesla Inc | — | -0.26% | Trim |
| 49 | SCHH | Schwab US Reit ETF | — | -6.95% | Trim |
| 50 | ORCL | Oracle CORP | — | -0.48% | Trim |
1–50 of 140
Filing History
FAQ
What is Elser Financial Planning, Inc and what type of investor is it?
Elser Financial Planning, Inc is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-09-30), the firm manages a tracked equity portfolio valued at approximately $2.3B, spread across 132 disclosed positions.
What are Elser Financial Planning, Inc's largest equity positions?
Based on the latest 13F filing, Elser Financial Planning, Inc's top holdings by market value are:
1. Merchants Bancorp/in (MBIN) — $1.3B (57.4%)
2. Dimensional Core Fixed Inc (DFCF) — $152.5M (6.7%)
3. Dimensional US Core Equity M (DFAU) — $104.2M (4.6%)
4. Dimensional International Co (DFIC) — $85.8M (3.8%)
5. Dimensional US Eq Mkt ETF (DFUS) — $76.1M (3.3%)
What changes did Elser Financial Planning, Inc make in its most recent portfolio filing?
In the latest reported quarter, Elser Financial Planning, Inc made 121 notable position adjustments: 16 new positions were initiated, 58 existing holdings were added to, 39 positions were partially reduced, and 8 were completely exited. The largest of these moves: New buy: Dimensional Glbl Core Pl Fix (DFGP); Sold out: Dimensional US Small Cap Val (DFSV); Sold out: Dimensional US High Profi Et (DUHP); New buy: Avantis US Large Cap Value (AVLV); New buy:
What sectors does Elser Financial Planning, Inc focus on?
Elser Financial Planning, Inc is concentrated in the following sectors based on its current disclosed equity portfolio:
• Health Care: 41.3%
• Information Technology: 27.0%
• Financials: 8.9%
• Industrials: 7.4%
• Consumer Staples: 5.5%
• Consumer Discretionary: 4.8%
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Investment Profile
Elser Financial Planning, Inc returned an annualized 18.7% over the trailing 23 months — outperforming the S&P 500 by 7.3 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.59 (less volatile than the market) and a 39% quarterly batting average against the index.
Its portfolio is concentrated and long-term-holding, with 41.3% of the portfolio concentrated in Health Care.
Its concentration score has risen from 25 to 100 over the past 4 quarters — a shift toward higher-conviction positions.
It has added to its DFAU position over the past two quarters (+$14.9M, now $104.2M), while trimming LLY over the same stretch (-$2.1M, still holding $22.3M).
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Developer Access
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REST API
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