CIK: 0002056243
Total reported value
$200.1M
Reporting period: 2026-03-31 · Number of holdings: 85
Note Advisors, LLC disclosed 85 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $200.1M and a quarterly turnover rate of 8.8%.
Browse other institutions with $100M to $1B AUMBrowse other institutions starting with "N"
Note Advisors, LLC's disclosed holdings carry a Herfindahl concentration index of 0.073 — mathematically equivalent to about 14 equally-sized positions, well below its 85 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 2.30), 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 5% 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.
Trim PFFD
-85.2% -$2.4M
Trim COR
-99.0% -$1.4M
Add DFCF
+7.9% $1.3M
Trim VONE
-1.6% -$468.3K
Trim DFAC
+1.5% -$271.3K
Add COMT
-4.2% $467.8K
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | DFAU | Dimensional US Core Equity M | ETF-Other | 21.13% | +0.20% | +8.84% | |
| 2 | DFCF | Dimensional Core Fixed INC | ETF-Other | 10.06% | +0.42% | +7.93% | |
| 3 | DFAI | Dimensional International Co | ETF-Other | 7.97% | +0.12% | +5.54% | |
| 4 | DFAC | Dimensional US Core Equity 2 | ETF-Other | 4.86% | -0.27% | +1.54% | |
| 5 | BND | Vanguard Total Bond Market | ETF-Other | 4.30% | +0.10% | +5.77% | |
| 6 | VONE | Vanguard Russell 1000 | ETF-Other | 3.26% | -0.32% | -1.63% | |
| 7 | DFAE | Dimensional Emerging Core Eq | ETF-Emerging Markets | 3.14% | -0.01% | +4.18% | |
| 8 | VNQ | Vanguard Real Estate ETF | ETF-Other | 2.71% | — | +3.10% | |
| 9 | NYF | Ishares New York Muni Bond E | ETF-Other | 2.56% | -0.05% | +1.84% | |
| 10 | VYMI | Vanguard Int High Dvd Yld In | ETF-Other | 2.46% | +0.01% | +1.53% | |
| 11 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | ETF-Corp Bonds | 1.91% | +0.01% | +4.59% | |
| 12 | FPE | Ft-preferred Secur & INC ETF | ETF-Other | 1.90% | +1.90% | NEW | |
| 13 | BNDX | Vanguard Total Intl Bond ETF | ETF-Other | 1.78% | -0.02% | +1.87% | |
| 14 | DFGX | Dimsnl Intr Cf In Etf-usd In | ETF-Other | 1.61% | +0.03% | +5.12% | |
| 15 | SPIP | Ss Spdr P Tips ETF | ETF-Other | 1.49% | +0.04% | +5.96% | |
| 16 | VEA | Vanguard Ftse Developed ETF | ETF-Other | 1.44% | -0.06% | -0.02% | |
| 17 | DFNM | Dimensional National Muni Bd | ETF-Other | 1.38% | +0.08% | +9.90% | |
| 18 | QYLD | Global X Nasd 100 Cov Call | ETF-Other | 1.28% | -0.01% | +4.47% | |
| 19 | COMT | Ishares Gsci Commodity Dynam | ETF-Commodities | 1.25% | +0.21% | -4.18% | |
| 20 | SCHD | Schwab US Dvd Equity ETF | ETF-Other | 1.14% | +0.05% | +1.95% | |
| 21 | DFAR | Dimensional US Real Est ETF | ETF-Other | 1.13% | +0.02% | +4.26% | |
| 22 | JEPI | Jpmorgan Equity Premium Inco | ETF-Other | 1.11% | -0.01% | +4.77% | |
| 23 | DCOR | Dimensional US Core Eq 1 ETF | ETF-Other | 1.09% | +0.07% | +14.71% | |
| 24 | VIG | Vanguard Dividend Apprec ETF | ETF-Other | 1.01% | — | +4.95% | |
| 25 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.91% | -0.16% | +0.27% | |
| 26 | VTEB | Vanguard Tax-exempt Bond ETF | ETF-Other | 0.89% | -0.05% | -1.21% | |
| 27 | PZT | Invesco New York Amt-free Mu | ETF-Other | 0.81% | +0.03% | +6.53% | |
| 28 | EMTL | Ss Doubleline Em Fi ETF | ETF-Other | 0.70% | +0.02% | +7.25% | |
| 29 | TIP | Ishares Tips Bond ETF | ETF-Other | 0.63% | — | -1.08% | |
| 30 | MCD | Mcdonald's CORP | Stock-Consumer Disc | 0.63% | — | — | |
| 31 | IXUS | Ishares Core Intl Stock ETF | ETF-Other | 0.60% | — | — | |
| 32 | DFIC | Dimensional International Co | ETF-Other | 0.57% | — | -0.38% | |
| 33 | IWB | Ishares Russell 1000 ETF | ETF-Other | 0.56% | -0.05% | — | |
| 34 | SPHY | Ss Spdr P High Yield ETF | ETF-High Yield | 0.56% | +0.02% | +7.92% | |
| 35 | MUB | Ishares National Muni Bond E | ETF-Other | 0.52% | — | +1.24% | |
| 36 | GIGB | Goldman Sachs Inv Grd CORP | ETF-Commodities | 0.52% | +0.10% | +28.69% | |
| 37 | IAGG | Ishares Intl Aggregate Bond | ETF-Other | 0.50% | +0.02% | +6.39% | |
| 38 | AAPL | Apple INC | Stock-Tech | 0.49% | — | — | |
| 39 | XHLF | Bondbloxx Bbg 6 Mth US Treas | ETF-Other | 0.47% | — | -0.44% | |
| 40 | MSFT | Microsoft CORP | Stock-Tech | 0.46% | -0.11% | -1.28% | |
| 41 | NBTB | N B T Bancorp INC | Stock-Other | 0.38% | -0.07% | -8.48% | |
| 42 | VTC | Vanguard Total Corporate Bnd | ETF-Corp Bonds | 0.36% | — | — | |
| 43 | VWOB | Vanguard Emerg Mkts Gov Bnd | ETF-Other | 0.35% | — | +2.27% | |
| 44 | VWO | Vanguard Ftse Emerging Marke | ETF-Emerging Markets | 0.29% | — | +7.53% | |
| 45 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 0.28% | +0.01% | +14.84% | |
| 46 | UAL | United Airlines Holdings INC | Stock-Industrials | 0.27% | -0.06% | — | |
| 47 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.25% | -0.04% | — | |
| 48 | AVGO | Broadcom INC | Stock-Tech | 0.23% | -0.02% | — | |
| 49 | XYLD | Global X S&p 500 Cove Call E | ETF-Large Cap & Growth | 0.23% | — | +2.25% | |
| 50 | VXUS | Vanguard Total Intl Stock | ETF-Other | 0.22% | — | — |
Performance for Q3 2026
—
Performance Last 4 Quarters
+11.4%
Based on 50% of reported portfolio value with available pricing
Note Advisors, LLC's most significant position changes for 2026-03-31: New buy: Ft-preferred Secur & INC ETF (FPE); New buy: Abrdn Bloomberg All Commodit (BCD); New buy: Nvidia CORP (NVDA); New buy: Vaneck Fallen Angel High Yld (ANGL); Sold out: Ste Str Spdr Pt S&p 500 ETF (SPYM).
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-05-15 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-02-18 | 13F-HR | View on EDGAR |
| 2025-09-30 | 2025-11-14 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-08-14 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-05-14 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-02-18 | 13F-HR | View on EDGAR |
Institutions with a similar AUM
CIK 0001409765
Total reported value
$200.2M
123 stks
2026-03-31
AUM within 0.1% of this institution
CIK 0002056566
Total reported value
$200.2M
93 stks
2026-03-31
AUM within 0.1% of this institution
CIK 0001459270
Total reported value
$200.2M
53 stks
2026-03-31
AUM within 0.1% of this institution
Institutions with overlapping top holdings
CIK 0001913420
Total reported value
$275.6M
209 stks
2024-03-31
Stale — no recent filing
5 of the top 5 holdings overlap, including Dimensional US Core Equity M
CIK 0001801682
Total reported value
$616.9M
196 stks
2025-09-30
Stale — no recent filing
4 of the top 5 holdings overlap, including Dimensional Core Fixed INC
CIK 0002054920
Total reported value
$138.3M
81 stks
2026-06-30
4 of the top 5 holdings overlap, including Dimensional US Core Equity M