MW
Martel Wealth Advisors LLC 13F Disclosure (Q2 2026) — Portfolio & Holdings
Martel Wealth Advisors LLCCIK: 0002039437
Long-term holderSector-focusedQuality / disciplined sizing
Total reported value
$635.7M
Reporting period: 2026-06-30 · Number of holdings: 61
Martel Wealth Advisors LLC disclosed 61 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $635.7M and a quarterly turnover rate of 0.0%.
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Personality snowflake
- Concentration
- 53.87
- Portfolio Stability
- 0
- Momentum
- 50
- Sector conviction
- 83.07
- Diversification
- 100
- Sizing Uniformity
- 72.92
Martel Wealth Advisors LLC's disclosed holdings carry a Herfindahl concentration index of 0.135 — mathematically equivalent to about 7 equally-sized positions, well below its 61 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 2.71), 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 4% 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.govAdd VUG
+517.6% $22.4M
Trim VCRB
+5.8% $6.9M
Sold out CAT
Trim BSV
+6.2% $4.1M
Trim MAR
-83.2% -$957.8K
Add SCHG
-1.6% $1.9M
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 | VCRB | Vanguard Core Bond ETF | ETF-Other | 20.32% | -0.50% | +5.81% | |
| 2 | VUG | Vanguard Growth ETF | ETF-Other | 19.68% | +2.19% | +517.56% | |
| 3 | VYM | Vanguard High Dvd Yield ETF | ETF-Other | 18.58% | +0.04% | +1.66% | |
| 4 | BSV | Vanguard Short-term Bond ETF | ETF-Other | 12.21% | -0.31% | +6.20% | |
| 5 | IEFA | Ishares Core Msci Eafe ETF | ETF-Other | 3.87% | -0.13% | -1.73% | |
| 6 | VIG | Vanguard Dividend Apprec ETF | ETF-Other | 2.78% | +0.02% | -0.83% | |
| 7 | SCHV | Schwab US Large-cap Value | ETF-Other | 2.56% | +0.06% | -2.99% | |
| 8 | SCHG | Schwab US Large-cap Growth | ETF-Other | 2.39% | +0.13% | -1.62% | |
| 9 | VEA | Vanguard Ftse Developed ETF | ETF-Other | 1.82% | -0.03% | -4.25% | |
| 10 | MUB | Ishares National Muni Bond E | ETF-Other | 1.77% | -0.10% | +1.00% | |
| 11 | IEMG | Ishares Core Msci Emerging | ETF-Emerging Markets | 1.66% | +0.03% | -6.81% | |
| 12 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 1.26% | +0.06% | -1.20% | |
| 13 | VTV | Vanguard Value ETF | ETF-Other | 1.14% | +0.01% | -1.09% | |
| 14 | VWO | Vanguard Ftse Emerging Marke | ETF-Emerging Markets | 1.02% | -0.03% | -4.73% | |
| 15 | VB | Vanguard Small-cap ETF | ETF-Other | 0.87% | +0.01% | -5.94% | |
| 16 | VBK | Vanguard Small-cap Grwth ETF | ETF-Other | 0.71% | +0.03% | -5.81% | |
| 17 | VBR | Vanguard Small-cap Value ETF | ETF-Other | 0.69% | +0.01% | -2.02% | |
| 18 | BNDX | Vanguard Total Intl Bond ETF | ETF-Other | 0.62% | -0.03% | +3.27% | |
| 19 | RSP | Invesco S&p 500 Equal Weight | ETF-Large Cap & Growth | 0.61% | — | -1.16% | |
| 20 | ADM | Archer-daniels-midland Co | Stock-Consumer Staples | 0.47% | -0.02% | — | |
| 21 | HYLB | Xtrackers Usd High Yield Cor | ETF-High Yield | 0.42% | -0.01% | +3.75% | |
| 22 | SPHY | Ss Spdr P High Yield ETF | ETF-High Yield | 0.36% | -0.02% | +2.33% | |
| 23 | EMB | Ishares Jp Morgan Usd Emergi | ETF-Other | 0.35% | -0.02% | +1.39% | |
| 24 | EMLC | Vaneck JPM Em Local Curr Bnd | ETF-Other | 0.35% | -0.02% | +2.16% | |
| 25 | TSLA | Tesla Inc | Stock-Consumer Disc | 0.32% | +0.01% | — | |
| 26 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 0.32% | +0.01% | -3.57% | |
| 27 | VNQ | Vanguard Real Estate ETF | ETF-Other | 0.17% | +0.01% | +4.89% | |
| 28 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 0.16% | +0.02% | +7.17% | |
| 29 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 0.14% | — | -8.30% | |
| 30 | NVDA | Nvidia CORP | Stock-Tech | 0.14% | +0.07% | +88.12% | |
| 31 | AVGO | Broadcom Inc | Stock-Tech | 0.13% | +0.03% | +15.82% | |
| 32 | MSFT | Microsoft CORP | Stock-Tech | 0.13% | — | +10.37% | |
| 33 | ECL | Ecolab Inc | Stock-Materials | 0.13% | -0.01% | — | |
| 34 | ITW | Illinois Tool Works | Stock-Industrials | 0.13% | — | — | |
| 35 | BRK-A | Berkshire Hathaway Inc-cl A | Stock-Other | 0.12% | — | — | |
| 36 | VSGX | Vanguard Esg Intl Stock ETF | ETF-Other | 0.12% | +0.07% | +132.91% | |
| 37 | VEU | Vanguard Ftse All-world Ex-u | ETF-Other | 0.11% | — | +0.47% | |
| 38 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 0.11% | — | +1.92% | |
| 39 | AAPL | Apple Inc | Stock-Tech | 0.10% | +0.01% | +2.32% | |
| 40 | MGV | Vanguard Mega Cap Value ETF | ETF-Other | 0.10% | — | +0.47% | |
| 41 | CVX | Chevron CORP | Stock-Energy | 0.09% | -0.04% | — | |
| 42 | SCHX | Schwab US Large-cap ETF | ETF-Other | 0.09% | +0.01% | +0.08% | |
| 43 | JNJ | Johnson & Johnson | Stock-Healthcare | 0.08% | — | +10.55% | |
| 44 | PEP | Pepsico Inc | Stock-Consumer Staples | 0.07% | -0.01% | — | |
| 45 | TROW | T Rowe Price Group Inc | Stock-Financials | 0.05% | — | — | |
| 46 | ESGU | Ishares Esg Aware Msci USA | ETF-Other | 0.05% | +0.05% | NEW | |
| 47 | VLO | Valero Energy CORP | Stock-Energy | 0.05% | — | — | |
| 48 | VOT | Vanguard Mid-cap Growth ETF | ETF-Other | 0.05% | +0.01% | — | |
| 49 | LOW | Lowe's Cos Inc | Stock-Consumer Disc | 0.05% | — | — | |
| 50 | NVO | Novo-nordisk A/s-spons Adr | Stock-Healthcare | 0.05% | +0.01% | — |
1–50 of 61
Portfolio Performance
Performance for Q3 2026
+1.5%
Performance Last 4 Quarters
+13%
- Stdev
- +7.8%
- Beta
- +0.55
- Alpha
- +1.1%
- Max Drawdown
- -3.6%
- Annualized Perf
- +12.4%
- Batting Avg vs S&P
- +41.7%
- Sortino
- +2.96
- Stutzer
- +0.44
- Treynor
- +0.22
- Sterling
- +0.95
- Calmar
- +3.43
- Information Ratio
- -1.18
- Tracking Error
- +6.7%
- Stdev Down
- +4.1%
- Winning Months %
- +72.2%
- Losing Months %
- +27.8%
- Best 12 Months
- +20.7%
- Worst 12 Months
- +6.2%
- Efficiency Ratio
- +0.57
- Sharpe
- +1.53
- Stdev Sectors
- +13.8%
- Skewness
- -0.22
- Kurtosis
- -0.25
- Upside Potential
- +4.51
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 61 | $635.7M | 0 | ||
| 2026 Q1 | 73 | $587.5M | 6 | ||
| 2025 Q4 | 70 | $585.6M | 3 | ||
| 2025 Q3 | 70 | $570.8M | 14 | ||
| 2025 Q2 | 70 | $539.4M | 0 | ||
| 2025 Q1 | 69 | $502.0M | 0 | ||
| 2024 Q4 | 70 | $512.1M | 0 | ||
| 2024 Q3 | 53 | $488.9M | 0 | ||
| 2024 Q2 | 53 | $466.1M | 0 | ||
| 2024 Q1 | 54 | $461.1M | 0 | ||
| 2023 Q4 | 54 | $440.3M | 0 | ||
| 2023 Q3 | 50 | $401.9M | 0 | ||
| 2023 Q2 | 54 | $412.5M | — | ||
| 2023 Q1 | 49 | $391.8M | — | ||
| 2022 Q4 | 48 | $368.9M | — | ||
| 2022 Q3 | 47 | $349.2M | — | ||
| 2022 Q2 | 47 | $366.1M | — | ||
| 2022 Q1 | 50 | $411.1M | — | ||
| 2021 Q4 | 47 | $422.5M | — | ||
| 2021 Q3 | 45 | $397.7M | — | ||
| 2021 Q2 | 45 | $397.3M | — | ||
| 2021 Q1 | 44 | $361.0M | — | ||
| 2020 Q4 | 45 | $345.5M | — | ||
| 2020 Q3 | 40 | $308.2M | — | ||
| 2020 Q2 | 41 | $288.5M | — | ||
| 2020 Q1 | 40 | $256.3M | — | ||
| 2019 Q4 | 41 | $290.5M | — | ||
| 2019 Q3 | 38 | $277.1M | — | ||
| 2019 Q2 | 39 | $274.5M | — | ||
| 2019 Q1 | 37 | $265.9M | — | ||
| 2018 Q4 | 39 | $243.5M | — | ||
| 2018 Q3 | 37 | $262.5M | — |
Holding changes this quarter
Martel Wealth Advisors LLC's most significant position changes for 2026-06-30: Sold out: Caterpillar Inc (CAT); Sold out: Somnigroup International Inc (SGI); Sold out: Alphabet Inc-cl C (GOOG); Sold out: Home Depot Inc (HD); Sold out: Oneok Inc (OKE).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | VUG | Vanguard Growth ETF | +2.2% | +517.56% | Add |
| 2 | SCHG | Schwab US Large-cap Growth | +0.1% | -1.62% | Trim |
| 3 | NVDA | Nvidia CORP | +0.1% | +88.12% | Add |
| 4 | VSGX | Vanguard Esg Intl Stock ETF | +0.1% | +132.91% | Add |
| 5 | SCHV | Schwab US Large-cap Value | +0.1% | -2.99% | Trim |
| 6 | AMZN | Amazon.com Inc | +0.1% | -1.20% | Trim |
| 7 | ESGU | Ishares Esg Aware Msci USA | +0.1% | NEW | New buy |
| 8 | VYM | Vanguard High Dvd Yield ETF | 0% | +1.66% | Add |
| 9 | UNH | Unitedhealth Group Inc | 0% | NEW | New buy |
| 10 | IEMG | Ishares Core Msci Emerging | 0% | -6.81% | Trim |
| 11 | VBK | Vanguard Small-cap Grwth ETF | 0% | -5.81% | Trim |
| 12 | AVGO | Broadcom Inc | 0% | +15.82% | Add |
| 13 | EW | Edwards Lifesciences CORP | 0% | NEW | New buy |
| 14 | SBUX | Starbucks CORP | 0% | NEW | New buy |
| 15 | VYMI | Vanguard Int High Dvd Yld In | 0% | NEW | New buy |
| 16 | VIG | Vanguard Dividend Apprec ETF | 0% | -0.83% | Trim |
| 17 | SPY | Ss Spdr S&p 500 ETF Trust-us | 0% | +7.17% | Add |
| 18 | VTV | Vanguard Value ETF | 0% | -1.09% | Trim |
| 19 | VB | Vanguard Small-cap ETF | 0% | -5.94% | Trim |
| 20 | VBR | Vanguard Small-cap Value ETF | 0% | -2.02% | Trim |
| 21 | TSLA | Tesla Inc | 0% | — | Unchanged |
| 22 | VOO | Vanguard S&p 500 ETF | 0% | -3.57% | Trim |
| 23 | VNQ | Vanguard Real Estate ETF | 0% | +4.89% | Add |
| 24 | AAPL | Apple Inc | 0% | +2.32% | Add |
| 25 | SCHX | Schwab US Large-cap ETF | 0% | +0.08% | Add |
| 26 | NVO | Novo-nordisk A/s-spons Adr | 0% | — | Unchanged |
| 27 | VOT | Vanguard Mid-cap Growth ETF | 0% | — | Unchanged |
| 28 | RSP | Invesco S&p 500 Equal Weight | — | -1.16% | Trim |
| 29 | MSFT | Microsoft CORP | — | +10.37% | Add |
| 30 | VEU | Vanguard Ftse All-world Ex-u | — | +0.47% | Add |
| 31 | MGV | Vanguard Mega Cap Value ETF | — | +0.47% | Add |
| 32 | TROW | T Rowe Price Group Inc | — | — | Unchanged |
| 33 | JNJ | Johnson & Johnson | — | +10.55% | Add |
| 34 | VTI | Vanguard Total Stock Mkt ETF | — | -8.30% | Trim |
| 35 | BRK-A | Berkshire Hathaway Inc-cl A | — | — | Unchanged |
| 36 | ITW | Illinois Tool Works | — | — | Unchanged |
| 37 | PG | Procter & Gamble Co/the | — | +1.92% | Add |
| 38 | LOW | Lowe's Cos Inc | — | — | Unchanged |
| 39 | VLO | Valero Energy CORP | — | — | Unchanged |
| 40 | ESGV | Vanguard Esg US Stock ETF | — | -17.55% | Trim |
| 41 | ABBV | Abbvie Inc | — | -11.45% | Trim |
| 42 | HYLB | Xtrackers Usd High Yield Cor | 0% | +3.75% | Add |
| 43 | PEP | Pepsico Inc | 0% | — | Unchanged |
| 44 | ECL | Ecolab Inc | 0% | — | Unchanged |
| 45 | COST | Costco Wholesale CORP | 0% | -4.82% | Trim |
| 46 | ADM | Archer-daniels-midland Co | 0% | — | Unchanged |
| 47 | ZTS | Zoetis Inc | 0% | +17.07% | Add |
| 48 | EMB | Ishares Jp Morgan Usd Emergi | 0% | +1.39% | Add |
| 49 | EMLC | Vaneck JPM Em Local Curr Bnd | 0% | +2.16% | Add |
| 50 | WMT | Walmart Inc | 0% | -11.11% | Trim |
1–50 of 78
Filing History
FAQ
What is Martel Wealth Advisors LLC and what type of investor is it?
Martel Wealth 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 $635.7M, spread across 61 disclosed positions.
What are Martel Wealth Advisors LLC's largest equity positions?
Based on the latest 13F filing, Martel Wealth Advisors LLC's top holdings by market value are:
1. Vanguard Core Bond ETF (VCRB) — $129.2M (20.3%)
2. Vanguard Growth ETF (VUG) — $125.1M (19.7%)
3. Vanguard High Dvd Yield ETF (VYM) — $118.1M (18.6%)
4. Vanguard Short-term Bond ETF (BSV) — $77.6M (12.2%)
5. Ishares Core Msci Eafe ETF (IEFA) — $24.6M (3.9%)
What changes did Martel Wealth Advisors LLC make in its most recent portfolio filing?
In the latest reported quarter, Martel Wealth Advisors LLC made 66 notable position adjustments: 5 new positions were initiated, 23 existing holdings were added to, 21 positions were partially reduced, and 17 were completely exited. The largest of these moves: Sold out: Caterpillar Inc (CAT); Sold out: Somnigroup International Inc (SGI); Sold out: Alphabet Inc-cl C (GOOG); Sold out: Home Depot Inc (HD); Sold out: Oneok Inc (OKE)
What sectors does Martel Wealth Advisors LLC focus on?
Martel Wealth Advisors LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Consumer Discretionary: 45.7%
• Consumer Staples: 19.6%
• Information Technology: 13.6%
• Health Care: 7.6%
• Energy: 5.1%
• Materials: 3.5%
Investment Profile
Martel Wealth Advisors LLC returned an annualized 12.4% over the trailing 36 months — outperforming the S&P 500 by 1.1 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.55 (less volatile than the market) and a 42% quarterly batting average against the index.
Its portfolio is moderately concentrated and long-term-holding, with 45.7% of the portfolio concentrated in Consumer Discretionary.
It has added to its VYM position over the past two quarters (+$13.9M, now $118.1M), while trimming ZTS over the same stretch (-$125.1K, still holding $252.4K).
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Developer Access
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