HF
Highland Financial Advisors, LLC — 13F Filing & Top Stock Positions (Q2 2026)
Highland Financial Advisors, LLCCIK: 0001939237
Diversified strategyMomentum followerQuality / disciplined sizing
Total reported value
$454.6M
Reporting period: 2026-06-30 · Number of holdings: 73
Highland Financial Advisors, LLC disclosed 73 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $454.6M and a quarterly turnover rate of 26.6%.
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Personality snowflake
- Concentration
- 25.03
- Portfolio Stability
- 26.62
- Momentum
- 100
- Sector conviction
- 55.02
- Diversification
- 100
- Sizing Uniformity
- 80.98
Highland Financial Advisors, LLC's disclosed holdings carry a Herfindahl concentration index of 0.063 — mathematically equivalent to about 16 equally-sized positions, well below its 73 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 1.90), 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.govTrim GINN
-81.5% -$13.4M
Add AVDE
+66.2% $15.5M
New buy AVDV
Add VONG
+21.4% $11.2M
Trim IAU
-7.4% -$2.4M
Add AVSD
+193.0% $4.4M
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 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-Large Cap & Growth | 10.22% | -0.86% | -3.63% | |
| 2 | QQQM | Invesco Nasdaq 100 ETF | ETF-Tech | 9.95% | +0.04% | -5.41% | |
| 3 | AVUS | Avantis U.s. Equity ETF | ETF-Other | 9.34% | -0.50% | -1.11% | |
| 4 | DFAU | Dimensional US Core Equity M | ETF-Other | 9.03% | -0.62% | -1.95% | |
| 5 | VONG | Vanguard Russell 1000 Growth | ETF-Other | 8.42% | +1.27% | +21.39% | |
| 6 | AVDE | Avantis International Equity | ETF-Other | 7.95% | +2.49% | +66.21% | |
| 7 | AVUV | Avantis US Small Cap Value | ETF-Small Cap | 5.47% | -0.50% | -2.53% | |
| 8 | AVIG | Avantis Core Fixed Income | ETF-Other | 5.42% | -0.78% | +5.29% | |
| 9 | AVSU | Avantis Resp US Equity ETF | ETF-Other | 3.41% | +0.46% | +15.89% | |
| 10 | IWF | Ishares Russell 1000 Growth | ETF-Other | 2.85% | -0.09% | +299.69% | |
| 11 | SGOV | Ishares 0-3 Month Treasury B | ETF-Gov Bonds | 2.51% | -0.38% | +3.99% | |
| 12 | AVEM | Avantis Emerging Markets Eq | ETF-Emerging Markets | 2.46% | +0.22% | +10.10% | |
| 13 | AVDV | Avantis Intl S/c Value ETF | ETF-Other | 2.45% | +2.45% | NEW | |
| 14 | XCEM | Columbia Em Core Ex-china | ETF-Emerging Markets | 2.22% | +0.32% | +8.19% | |
| 15 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 2.19% | +0.03% | +5.16% | |
| 16 | IAU | Ishares Gold Trust | ETF-Commodities | 2.05% | -1.06% | -7.44% | |
| 17 | AVSD | Avantis Reps Intern Equi ETF | ETF-Other | 1.41% | +0.88% | +193.03% | |
| 18 | USXF | Ishares Esg Advance Msci USA | ETF-Other | 1.18% | +0.48% | +60.68% | |
| 19 | SMIN | Ishares Msci India Small-cap | ETF-Other | 0.88% | +0.23% | +36.73% | |
| 20 | GINN | Goldman Sachs Innovate Eqty | ETF-Commodities | 0.80% | -3.71% | -81.46% | |
| 21 | SCHG | Schwab US Large-cap Growth | ETF-Other | 0.72% | -0.10% | -8.92% | |
| 22 | XJR | Ishr Esg Ss S&p Smal-cap-usd | ETF-Other | 0.67% | +0.08% | +12.31% | |
| 23 | AVSE | Avantis Resp Emerg Mkts Eq-e | ETF-Other | 0.56% | +0.13% | +26.77% | |
| 24 | AAPL | Apple Inc | Stock-Tech | 0.49% | -0.02% | +1.87% | |
| 25 | MEAR | Ishrs Short Mat Muni Act ETF | ETF-Other | 0.46% | -0.07% | +3.16% | |
| 26 | IEFA | Ishares Core Msci Eafe ETF | ETF-Other | 0.43% | -0.04% | +3.02% | |
| 27 | PM | Philip Morris International | Stock-Consumer Staples | 0.43% | -0.06% | -3.36% | |
| 28 | JPM | Jpmorgan Chase & Co | Stock-Financials | 0.35% | -0.03% | +0.27% | |
| 29 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 0.33% | -0.01% | +4.13% | |
| 30 | VGT | Vanguard Info Tech ETF | ETF-Tech | 0.33% | -0.23% | +309.01% | |
| 31 | VYM | Vanguard High Dvd Yield ETF | ETF-Other | 0.32% | -0.05% | -3.02% | |
| 32 | DFAE | Dimensional Emerging Core Eq | ETF-Emerging Markets | 0.29% | +0.03% | +16.45% | |
| 33 | SLYV | Ss Spdr S&p 600 Sc Val ETF | ETF-Other | 0.29% | +0.01% | +6.95% | |
| 34 | FBTC | Fidelity Wise Origin Bitcoin | ETF-Crypto | 0.25% | -0.07% | +7.57% | |
| 35 | DFAW | Dimensional World Eqty ETF | ETF-Other | 0.23% | -0.02% | — | |
| 36 | MO | Altria Group Inc | Stock-Consumer Staples | 0.23% | -0.04% | -5.24% | |
| 37 | XOM | Exxon Mobil CORP | Stock-Energy | 0.18% | -0.07% | +10.49% | |
| 38 | XVV | Ishares Esg Select Screened | ETF-Other | 0.18% | -0.04% | -15.31% | |
| 39 | VONE | Vanguard Russell 1000 | ETF-Other | 0.15% | +0.15% | NEW | |
| 40 | MSFT | Microsoft CORP | Stock-Tech | 0.15% | -0.02% | +8.55% | |
| 41 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 0.15% | +0.06% | +52.11% | |
| 42 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 0.14% | -0.10% | -39.79% | |
| 43 | VTV | Vanguard Value ETF | ETF-Other | 0.13% | -0.01% | +4.96% | |
| 44 | DFAC | Dimensional US Core Equity 2 | ETF-Other | 0.12% | -0.01% | — | |
| 45 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 0.12% | -0.01% | +0.12% | |
| 46 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 0.12% | -0.04% | -12.64% | |
| 47 | NVDA | Nvidia CORP | Stock-Tech | 0.12% | +0.01% | +8.05% | |
| 48 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.12% | +0.04% | +46.36% | |
| 49 | META | Meta Platforms Inc-class A | Stock-Comm Services | 0.11% | -0.02% | +2.68% | |
| 50 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.11% | +0.01% | +9.79% |
1–50 of 73
Portfolio Performance
Performance for Q3 2026
+1.1%
Performance Last 4 Quarters
+20.2%
- Stdev
- +11.7%
- Beta
- +0.88
- Alpha
- +0.6%
- Max Drawdown
- -5.7%
- Annualized Perf
- +19.1%
- Batting Avg vs S&P
- +36.1%
- Sortino
- +3.33
- Stutzer
- +0.46
- Treynor
- +0.21
- Sterling
- +1.29
- Calmar
- +3.36
- Information Ratio
- -0.59
- Tracking Error
- +3%
- Stdev Down
- +5.5%
- Winning Months %
- +69.4%
- Losing Months %
- +30.6%
- Best 12 Months
- +30.9%
- Worst 12 Months
- +6.4%
- Efficiency Ratio
- +0.64
- Sharpe
- +1.56
- Stdev Sectors
- +7.6%
- Skewness
- +0.07
- Kurtosis
- -0.27
- Upside Potential
- +4.95
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 73 | $454.6M | 27 | ||
| 2026 Q1 | 67 | $378.7M | 8 | ||
| 2025 Q4 | 66 | $360.7M | 4 | ||
| 2025 Q3 | 58 | $348.8M | 22 | ||
| 2025 Q2 | 54 | $311.5M | 0 | ||
| 2025 Q1 | 53 | $279.6M | 0 | ||
| 2024 Q4 | 57 | $288.7M | 0 | ||
| 2024 Q3 | 52 | $281.4M | 0 | ||
| 2024 Q2 | 54 | $268.9M | 0 | ||
| 2024 Q1 | 54 | $249.9M | 0 | ||
| 2023 Q4 | 54 | $230.0M | 0 | ||
| 2023 Q3 | 44 | $193.1M | 0 | ||
| 2023 Q2 | 44 | $194.0M | 0 | ||
| 2023 Q1 | 44 | $184.2M | 0 | ||
| 2022 Q4 | 45 | $169.8M | 0 | ||
| 2022 Q3 | 55 | $144.1M | 0 | ||
| 2022 Q2 | 48 | $145.9M | 0 |
Holding changes this quarter
Highland Financial Advisors, LLC's most significant position changes for 2026-06-30: New buy: Avantis Intl S/c Value ETF (AVDV); New buy: Vanguard Russell 1000 (VONE); New buy: Advanced Micro Devices (AMD); New buy: Spdr Gold Shares (GLD); New buy: Ss Spdr S&p 500 ETF Trust-us (SPY).
1–50 of 75
Filing History
FAQ
What is Highland Financial Advisors, LLC and what type of investor is it?
Highland Financial Advisors, LLC 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 (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $454.6M, spread across 73 disclosed positions.
What are Highland Financial Advisors, LLC's largest equity positions?
Based on the latest 13F filing, Highland Financial Advisors, LLC's top holdings by market value are:
1. Ste Str Spdr Pt S&p 500 ETF (SPYM) — $46.4M (10.2%)
2. Invesco Nasdaq 100 ETF (QQQM) — $45.2M (9.9%)
3. Avantis U.s. Equity ETF (AVUS) — $42.5M (9.3%)
4. Dimensional US Core Equity M (DFAU) — $41.1M (9.0%)
5. Vanguard Russell 1000 Growth (VONG) — $38.3M (8.4%)
What changes did Highland Financial Advisors, LLC make in its most recent portfolio filing?
In the latest reported quarter, Highland Financial Advisors, LLC made 65 notable position adjustments: 8 new positions were initiated, 37 existing holdings were added to, 18 positions were partially reduced, and 2 were completely exited. The largest of these moves: New buy: Avantis Intl S/c Value ETF (AVDV); New buy: Vanguard Russell 1000 (VONE); New buy: Advanced Micro Devices (AMD); New buy: Spdr Gold Shares (GLD); New buy: Ss Spdr S&p 500 ETF Trust-us (SPY)
What sectors does Highland Financial Advisors, LLC focus on?
Highland Financial Advisors, LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 27.1%
• Consumer Staples: 22.5%
• Financials: 15.3%
• Consumer Discretionary: 13.7%
• Communication Services: 10.6%
• Energy: 5.8%
* 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
Highland Financial Advisors, LLC returned an annualized 19.1% over the trailing 36 months — outperforming the S&P 500 by 0.6 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.88 (less volatile than the market) and a 36% quarterly batting average against the index.
Its portfolio is broadly diversified and moderately active.
Its turnover score has risen from 0 to 27 over the past 4 quarters — a shift toward more active trading.
It has added to its AVDE position over the past two quarters (+$17.0M, now $36.1M), while trimming GINN over the same stretch (-$13.7M, still holding $3.7M).
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