Phillips Financial Management, LLC — 13F Filing Insights

CIK: 0001350660

Diversified strategyMomentum followerLong-term holder

Total reported value

$1.4B

Reporting period: 2026-03-31 · Number of holdings: 283

PHILLIPS FINANCIAL MANAGEMENT, LLC disclosed 283 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $1.4B and a quarterly turnover rate of 13.6%.

Browse other institutions with $1B to $10B AUM Browse other institutions starting with "P"

Personality snowflake

Concentration: 14.58
Portfolio Stability: 13.59
Momentum/Contrarian: 100
Sector conviction: 61.14
Diversification: 100
Sizing Uniformity: 69.42

Phillips Financial Management, LLC's disclosed holdings carry a Herfindahl concentration index of 0.036 — mathematically equivalent to about 27 equally-sized positions, well below its 283 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 3.06), 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.

Recent moves

Trim IVV
-12.0%　-$27.8M
Trim IXUS
-33.1%　-$12.7M
Add DFCF
-4.2%　-$5.6M
Add DFSD
-3.0%　-$2.6M
Trim IJH
-25.8%　-$11.8M
Add DUSB
+13.3%　$3.1M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 200 holdings (of 283 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	10.53%	-0.62%	-11.97%
2	DFCF	Dimensional Core Fixed INC	ETF-Other	7.74%	+0.50%	-4.24%
3	DFIC	Dimensional International Co	ETF-Other	6.73%	+0.40%	-8.44%
4	DFSD	Dimensional Short Duration	ETF-Other	5.95%	+0.49%	-2.97%
5	DFLV	Dim US Large Cap Value ETF	ETF-Large Cap & Growth	3.66%	—	-3.61%
6	DFAT	Dimensional US Target Value	ETF-Other	3.43%	—	-6.12%
7	DUHP	Dimensional US High Profi Et	ETF-Other	3.33%	+0.03%	-7.26%
8	DFEM	Dimensional Emrg Mrkt Core	ETF-Other	2.78%	+0.20%	-8.57%
9	VXUS	Vanguard Total Intl Stock	ETF-Other	2.72%	-0.02%	-13.86%
10	IJH	Ishares Core S&p Midcap ETF	ETF-Other	2.70%	-0.46%	-25.81%
11	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	2.65%	-0.12%	-10.82%
12	DFAS	Dimensional US Small Cap ETF	ETF-Small Cap	2.24%	+0.15%	-6.66%
13	IVE	Ishares S&p 500 Value ETF	ETF-Large Cap & Growth	2.13%	-0.29%	-21.41%
14	DFAC	Dimensional US Core Equity 2	ETF-Other	2.03%	+0.14%	-2.83%
15	IXUS	Ishares Core Intl Stock ETF	ETF-Other	2.00%	-0.60%	-33.06%
16	BNDX	Vanguard Total Intl Bond ETF	ETF-Other	1.98%	-0.03%	-11.75%
17	DUSB	Dimension Ultrashort Fi ETF	ETF-Other	1.89%	+0.41%	+13.33%
18	VO	Vanguard Mid-cap ETF	ETF-Other	1.86%	-0.03%	-11.57%
19	LRGF	Ishares US Equity Factor ETF	ETF-Other	1.37%	-0.02%	-7.71%
20	AGG	Ishares Core U.s. Aggregate	ETF-Other	1.34%	-0.21%	-22.82%
21	USHY	Ishares Broad Usd High Yield	ETF-High Yield	1.32%	-0.07%	-13.98%
22	VOOV	Vanguard S&p 500 Value ETF	ETF-Large Cap & Growth	1.24%	-0.05%	-14.10%
23	DFAR	Dimensional US Real Est ETF	ETF-Other	1.19%	—	-7.31%
24	VBR	Vanguard Small-cap Value ETF	ETF-Other	0.89%	-0.04%	-16.51%
25	BND	Vanguard Total Bond Market	ETF-Other	0.88%	-0.11%	-20.77%
26	IJS	Ishares S&p Small-cap 600 Va	ETF-Other	0.72%	-0.11%	-26.49%
27	DFIV	Dimensional International Va	ETF-Other	0.71%	—	-1.23%
28	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	0.66%	—	+3.97%
29	VCIT	Vanguard Int-term Corporate	ETF-Corp Bonds	0.65%	—	-10.36%
30	JPM	Jpmorgan Chase & Co	Stock-Financials	0.65%	+0.02%	+0.09%
31	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	0.63%	+0.02%	-3.66%
32	MGC	Vanguard Mega Cap ETF	ETF-Other	0.61%	-0.10%	-17.70%
33	IAGG	Ishares Intl Aggregate Bond	ETF-Other	0.59%	-0.13%	-27.03%
34	INTF	Ishares International Equity	ETF-Other	0.57%	+0.01%	-13.04%
35	VEU	Vanguard Ftse All-world Ex-u	ETF-Other	0.54%	-0.01%	-14.50%
36	VTV	Vanguard Value ETF	ETF-Other	0.53%	+0.01%	-11.96%
37	VNQ	Vanguard Real Estate ETF	ETF-Other	0.53%	-0.10%	-24.75%
38	USRT	Ishares Core US Reit ETF	ETF-Other	0.52%	-0.08%	-25.73%
39	BIV	Vanguard Intermediate-term B	ETF-Other	0.49%	-0.10%	-25.20%
40	SCHX	Schwab US Large-cap ETF	ETF-Other	0.47%	—	-4.42%
41	MGV	Vanguard Mega Cap Value ETF	ETF-Other	0.46%	-0.03%	-19.66%
42	DFSV	Dimensional US Small Cap Val	ETF-Small Cap	0.45%	—	-1.72%
43	ISTB	Ishares Core 1-5 Year Usd Bo	ETF-Other	0.45%	-0.09%	-26.09%
44	BSV	Vanguard Short-term Bond ETF	ETF-Other	0.44%	-0.08%	-23.68%
45	DFAX	Dimensional World Ex US Core	ETF-Other	0.44%	—	-0.75%
46	AAPL	Apple INC	Stock-Tech	0.40%	—	-5.72%
47	EFA	Ishares Msci Eafe ETF	ETF-Other	0.38%	-0.07%	-26.31%
48	SCHZ	Schwab US Aggregate Bond ETF	ETF-Other	0.32%	—	-4.49%
49	GNR	State Street Spdr S&p Global	ETF-Other	0.30%	—	-8.89%
50	NVDA	Nvidia CORP	Stock-Tech	0.30%	—	-1.70%

1–50 of 200

Portfolio Performance

Performance for Q3 2026

+1.9%

Performance Last 4 Quarters

+13.6%

Based on 56% of reported portfolio value with available pricing

Stdev: +8.6%
Beta: +0.57
Alpha: +0.1%
Max Drawdown: -5.8%
Annualized Perf: +10.8%
Batting Avg vs S&P: +41.7%
Sortino: +2.3
Stutzer: +0.36
Treynor: +0.19
Sterling: +0.76
Calmar: +1.87
Information Ratio: -1.12
Tracking Error: +7%
Stdev Down: +4.6%
Winning Months %: +69.4%
Losing Months %: +30.6%
Best 12 Months: +22.2%
Worst 12 Months: +5.6%
Efficiency Ratio: +0.47
Sharpe: +1.24
Stdev Sectors: +9.9%
Skewness: -0.08
Kurtosis: -0.2
Upside Potential: +3.94

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	283	$1.4B	14	1IVV 2DFCF 3DFIC Top holdings2026-03-31 1.IVV 2.DFCF 3.DFIC 4.DFSD 5.DFLV 6.DFAT 7.DUHP 8.DFEM 9.VXUS 10.IJH
2025-12-31	307	$1.6B	7	1IVV 2DFCF 3DFIC Top holdings2025-12-31 1.IVV 2.DFCF 3.DFIC 4.DFSD 5.DUHP 6.DFLV 7.IJH 8.DFAT 9.VOO 10.VXUS
2025-09-30	305	$1.5B	19	1IVV 2DFCF 3DFIC Top holdings2025-09-30 1.IVV 2.DFCF 3.DFIC 4.DFSD 5.IJH 6.DFLV 7.DUHP 8.DFAT 9.VXUS 10.VOO
2025-06-30	279	$1.4B	0	1IVV 2DFCF 3DFIC Top holdings2025-06-30 1.IVV 2.DFCF 3.DFIC 4.DFSD 5.IJH 6.VXUS 7.DFLV 8.IXUS 9.VOO 10.DUHP
2025-03-31	258	$1.3B	100	1IVV 2DFCF 3DFIC Top holdings2025-03-31 1.IVV 2.DFCF 3.DFIC 4.DFSD 5.IJH 6.VXUS 7.IXUS 8.DFLV 9.VOO 10.IVE
2024-12-31	259	$1.3B	0	1IVV 2DFCF 3DFSD Top holdings2024-12-31 1.IVV 2.DFCF 3.DFSD 4.DFIC 5.IJH 6.IXUS 7.VOO 8.IVE 9.VXUS 10.DFLV
2024-09-30	276	$1.3B	0	1IVV 2IJH 3IXUS Top holdings2024-09-30 1.IVV 2.IJH 3.IXUS 4.IVE 5.DFCF 6.DFIC 7.VXUS 8.DFSD 9.AGG 10.VOO
2024-06-30	272	$1.2B	0	1IVV 2IJH 3IXUS Top holdings2024-06-30 1.IVV 2.IJH 3.IXUS 4.IVE 5.VXUS 6.AGG 7.DFIC 8.VOO 9.DFSD 10.DFCF
2024-03-31	263	$1.2B	0	1IVV 2IJH 3IXUS Top holdings2024-03-31 1.IVV 2.IJH 3.IXUS 4.IVE 5.AGG 6.VXUS 7.VOO 8.DFIC 9.LRGF 10.BNDX
2023-12-31	252	$1.2B	0	1IVV 2IJH 3IXUS Top holdings2023-12-31 1.IVV 2.IJH 3.IXUS 4.IVE 5.AGG 6.VXUS 7.VOO 8.LRGF 9.BNDX 10.DFAC
2023-09-30	238	$1.1B	0	1IVV 2IJH 3IXUS Top holdings2023-09-30 1.IVV 2.IJH 3.IXUS 4.IVE 5.AGG 6.LRGF 7.VXUS 8.VOO 9.BNDX 10.DFAC
2023-06-30	237	$1.1B	0	1IVV 2IJH 3IXUS Top holdings2023-06-30 1.IVV 2.IJH 3.IXUS 4.IVE 5.AGG 6.LRGF 7.VXUS 8.DFAC 9.VOO 10.BNDX
2023-03-31	237	$1.0B	0	1IVV 2IJH 3IXUS Top holdings2023-03-31 1.IVV 2.IJH 3.IXUS 4.IVE 5.AGG 6.LRGF 7.VXUS 8.DFAC 9.BNDX 10.VOO
2022-12-31	225	$983.0M	0	1IVV 2IJH 3IXUS Top holdings2022-12-31 1.IVV 2.IJH 3.IXUS 4.IVE 5.AGG 6.LRGF 7.VXUS 8.BNDX 9.DFAC 10.VOO
2022-09-30	224	$907.3M	0	1IVV 2IJH 3IVE Top holdings2022-09-30 1.IVV 2.IJH 3.IVE 4.IXUS 5.AGG 6.LRGF 7.VXUS 8.BND 9.BNDX 10.VOO
2022-06-30	104	$922.6M	0	1IVV 2IJH 3IVE Top holdings2022-06-30 1.IVV 2.IJH 3.IVE 4.IXUS 5.LRGF 6.AGG 7.VXUS 8.BND 9.BNDX 10.VOO
2022-03-31	139	$1.1B	0	1IVV 2IJH 3LRGF Top holdings2022-03-31 1.IVV 2.IJH 3.LRGF 4.AGG 5.IVE 6.IXUS 7.VXUS 8.INTF 9.VOO 10.BNDX
2021-12-31	90	$1.0B	0	1IVV 2IJH 3AGG Top holdings2021-12-31 1.IVV 2.IJH 3.AGG 4.LRGF 5.IXUS 6.IVE 7.VXUS 8.BNDX 9.VOO 10.IAGG
2021-09-30	90	$966.0M	0	1IVV 2IJH 3AGG Top holdings2021-09-30 1.IVV 2.IJH 3.AGG 4.LRGF 5.IXUS 6.IVE 7.VXUS 8.BNDX 9.IAGG 10.VOO
2021-06-30	89	$970.3M	91	1IVV 2IJH 3AGG Top holdings2021-06-30 1.IVV 2.IJH 3.AGG 4.IXUS 5.IVE 6.ICSH 7.LRGF 8.VXUS 9.VCSH 10.ISTB
2021-03-31	85	$813.2M	12	1IVV 2IJH 3AGG Top holdings2021-03-31 1.IVV 2.IJH 3.AGG 4.IVE 5.IXUS 6.VXUS 7.LRGF 8.BNDX 9.VO 10.BND
2020-12-31	86	$732.3M	15	1IVV 2IJH 3AGG Top holdings2020-12-31 1.IVV 2.IJH 3.AGG 4.IXUS 5.IVE 6.VXUS 7.LRGF 8.BNDX 9.VO 10.BND
2020-09-30	84	$639.1M	9	1IVV 2AGG 3IJH Top holdings2020-09-30 1.IVV 2.AGG 3.IJH 4.IVE 5.IXUS 6.VXUS 7.LRGF 8.BNDX 9.BND 10.VO
2020-06-30	83	$610.9M	20	1IVV 2AGG 3IJH Top holdings2020-06-30 1.IVV 2.AGG 3.IJH 4.IVE 5.IXUS 6.VXUS 7.BNDX 8.LRGF 9.BND 10.VO
2020-03-31	82	$504.2M	30	1IVV 2AGG 3IJH Top holdings2020-03-31 1.IVV 2.AGG 3.IJH 4.IVE 5.IXUS 6.BNDX 7.BND 8.LRGF 9.VXUS 10.IAGG
2019-12-31	78	$610.0M	9	1IVV 2IJH 3AGG Top holdings2019-12-31 1.IVV 2.IJH 3.AGG 4.IVE 5.IXUS 6.BNDX 7.VNQ 8.LRGF 9.IJS 10.BND
2019-09-30	76	$568.7M	7	1IVV 2IJH 3AGG Top holdings2019-09-30 1.IVV 2.IJH 3.AGG 4.IVE 5.IXUS 6.BNDX 7.VNQ 8.IJS 9.BND 10.LRGF
2019-06-30	76	$546.0M	6	1IVV 2IJH 3AGG Top holdings2019-06-30 1.IVV 2.IJH 3.AGG 4.IVE 5.IXUS 6.BNDX 7.VNQ 8.IJS 9.BND 10.LRGF
2019-03-31	78	$524.5M	14	1IVV 2IJH 3IVE Top holdings2019-03-31 1.IVV 2.IJH 3.IVE 4.AGG 5.IXUS 6.VNQ 7.BNDX 8.IJS 9.BND 10.VEU
2018-12-31	77	$468.0M	18	1IVV 2IJH 3AGG Top holdings2018-12-31 1.IVV 2.IJH 3.AGG 4.IVE 5.IXUS 6.BNDX 7.VNQ 8.IJS 9.BND 10.VEU
2018-09-30	71	$486.0M	6	1IJH 2IVV 3IVE Top holdings2018-09-30 1.IJH 2.IVV 3.IVE 4.AGG 5.IXUS 6.VNQ 7.BNDX 8.IJS 9.BND 10.VEU
2018-06-30	69	$473.5M	5	1IJH 2IVV 3IVE Top holdings2018-06-30 1.IJH 2.IVV 3.IVE 4.AGG 5.IXUS 6.VNQ 7.BNDX 8.IJS 9.BND 10.VEU
2018-03-31	70	$461.5M	5	1IJH 2IVV 3IVE Top holdings2018-03-31 1.IJH 2.IVV 3.IVE 4.AGG 5.IXUS 6.BNDX 7.VNQ 8.IJS 9.BND 10.VEU
2017-12-31	68	$474.4M	7	1IJH 2IVV 3IVE Top holdings2017-12-31 1.IJH 2.IVV 3.IVE 4.AGG 5.IXUS 6.BNDX 7.VNQ 8.IJS 9.VEU 10.BND
2017-09-30	71	$456.7M	6	1IJH 2IVV 3IVE Top holdings2017-09-30 1.IJH 2.IVV 3.IVE 4.AGG 5.IXUS 6.BNDX 7.VNQ 8.IJS 9.VEU 10.BND
2017-06-30	70	$437.8M	8	1IJH 2IVV 3IVE Top holdings2017-06-30 1.IJH 2.IVV 3.IVE 4.AGG 5.IXUS 6.BNDX 7.VNQ 8.IJS 9.BND 10.VEU
2017-03-31	68	$412.7M	6	1IJH 2IVE 3IVV Top holdings2017-03-31 1.IJH 2.IVE 3.IVV 4.AGG 5.IXUS 6.BNDX 7.VNQ 8.IJS 9.BND 10.VEU
2016-12-31	67	$399.6M	8	1IJH 2IVE 3IVV Top holdings2016-12-31 1.IJH 2.IVE 3.IVV 4.AGG 5.BNDX 6.IXUS 7.IJS 8.VNQ 9.BND 10.VEU
2016-09-30	66	$376.1M	5	1IJH 2IVV 3IVE Top holdings2016-09-30 1.IJH 2.IVV 3.IVE 4.AGG 5.BNDX 6.IXUS 7.BND 8.IJS 9.VNQ 10.VEU
2016-06-30	63	$373.5M	5	1IJH 2IVE 3IVV Top holdings2016-06-30 1.IJH 2.IVE 3.IVV 4.AGG 5.BNDX 6.IXUS 7.BND 8.VNQ 9.IJS 10.VEU
2016-03-31	61	$360.5M	10	1IJH 2IVV 3IVE Top holdings2016-03-31 1.IJH 2.IVV 3.IVE 4.AGG 5.BNDX 6.BND 7.VNQ 8.IJS 9.IXUS 10.VEU
2015-12-31	60	$330.7M	6	1IJH 2IVV 3IVE Top holdings2015-12-31 1.IJH 2.IVV 3.IVE 4.AGG 5.BNDX 6.BND 7.VNQ 8.VEU 9.IJS 10.EFA
2015-09-30	63	$343.0M	7	1IJH 2IVV 3IVE Top holdings2015-09-30 1.IJH 2.IVV 3.IVE 4.AGG 5.BNDX 6.BND 7.VEU 8.VNQ 9.EFA 10.IJS
2015-06-30	63	$362.0M	3	1IJH 2IVV 3IVE Top holdings2015-06-30 1.IJH 2.IVV 3.IVE 4.AGG 5.BND 6.BNDX 7.VEU 8.EFA 9.VNQ 10.IJS
2015-03-31	64	$365.4M	9	1IJH 2IVV 3IVE Top holdings2015-03-31 1.IJH 2.IVV 3.IVE 4.AGG 5.BND 6.VEU 7.BNDX 8.EFA 9.VNQ 10.IJS
2014-12-31	68	$349.0M	9	1IJH 2IVV 3IVE Top holdings2014-12-31 1.IJH 2.IVV 3.IVE 4.BND 5.AGG 6.VEU 7.VNQ 8.EFA 9.IJS 10.BNDX
2014-09-30	70	$331.0M	11	1IJH 2IVV 3IVE Top holdings2014-09-30 1.IJH 2.IVV 3.IVE 4.BND 5.AGG 6.VEU 7.EFA 8.VNQ 9.IJS 10.BNDX
2014-06-30	65	$335.0M	7	1IJH 2IVV 3IVE Top holdings2014-06-30 1.IJH 2.IVV 3.IVE 4.BND 5.VEU 6.EFA 7.IJS 8.VNQ 9.AGG 10.RWR
2014-03-31	65	$318.2M	7	1IJH 2IVV 3IVE Top holdings2014-03-31 1.IJH 2.IVV 3.IVE 4.BND 5.EFA 6.VEU 7.IJS 8.VNQ 9.AGG 10.RWR
2013-12-31	61	$301.5M	9	1IJH 2IVV 3IVE Top holdings2013-12-31 1.IJH 2.IVV 3.IVE 4.BND 5.EFA 6.VEU 7.IJS 8.VNQ 9.RWR 10.AGG
2013-09-30	60	$282.5M	5	1IJH 2IVV 3IVE Top holdings2013-09-30 1.IJH 2.IVV 3.IVE 4.BND 5.EFA 6.VEU 7.IJS 8.RWR 9.VNQ 10.VXUS
2013-06-30	58	$275.1M	0	1IJH 2IVV 3IVE Top holdings2013-06-30 1.IJH 2.IVV 3.IVE 4.BND 5.EFA 6.VEU 7.IJS 8.RWR 9.VNQ 10.VXUS

Holding changes this quarter

Phillips Financial Management, LLC's most significant position changes for 2026-03-31: Trim: Ishares Core S&p 500 ETF (IVV) — shares -11.97%; Trim: Ishares Core Intl Stock ETF (IXUS) — shares -33.06%; Trim: Dimensional Core Fixed INC (DFCF) — shares -4.24%; Trim: Dimensional Short Duration (DFSD) — shares -2.97%; Trim: Ishares Core S&p Midcap ETF (IJH) — shares -25.81%.

Position changes disclosed by Phillips Financial Management, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	DFCF	Dimensional Core Fixed INC	+0.5%	-4.24%	Trim
2	DFSD	Dimensional Short Duration	+0.5%	-2.97%	Trim
3	DUSB	Dimension Ultrashort Fi ETF	+0.4%	+13.33%	Add
4	DFIC	Dimensional International Co	+0.4%	-8.44%	Trim
5	DFEM	Dimensional Emrg Mrkt Core	+0.2%	-8.57%	Trim
6	DFAS	Dimensional US Small Cap ETF	+0.2%	-6.66%	Trim
7	DFAC	Dimensional US Core Equity 2	+0.1%	-2.83%	Trim
8	DUHP	Dimensional US High Profi Et	0%	-7.26%	Trim
9	JPM	Jpmorgan Chase & Co	0%	+0.09%	Add
10	SPY	Ss Spdr S&p 500 ETF Trust-us	0%	-3.66%	Trim
11	INTF	Ishares International Equity	0%	-13.04%	Trim
12	VTV	Vanguard Value ETF	0%	-11.96%	Trim
13	VCIT	Vanguard Int-term Corporate	—	-10.36%	Trim
14	VEU	Vanguard Ftse All-world Ex-u	0%	-14.50%	Trim
15	VXUS	Vanguard Total Intl Stock	0%	-13.86%	Trim
16	LRGF	Ishares US Equity Factor ETF	0%	-7.71%	Trim
17	VTIP	Vanguard Short-term Tips	0%	-19.71%	Trim
18	SUB	Ishares Short-term National	0%	-18.49%	Trim
19	ICSH	Ishares Ultra Short Duration	0%	-18.38%	Trim
20	BNDX	Vanguard Total Intl Bond ETF	0%	-11.75%	Trim
21	VO	Vanguard Mid-cap ETF	0%	-11.57%	Trim
22	MGV	Vanguard Mega Cap Value ETF	0%	-19.66%	Trim
23	IJR	Ishares Core S&p Small-cap E	0%	-23.34%	Trim
24	IWR	Ishares Russell Mid-cap ETF	0%	-20.04%	Trim
25	LLY	Eli Lilly & Co	0%	-9.52%	Trim
26	VBR	Vanguard Small-cap Value ETF	0%	-16.51%	Trim
27	RWR	Ss Spdr Dow Jones Reit ETF	0%	-41.00%	Trim
28	VOOV	Vanguard S&p 500 Value ETF	-0.1%	-14.10%	Trim
29	MSFT	Microsoft CORP	-0.1%	-6.83%	Trim
30	VV	Vanguard Large-cap ETF	-0.1%	-24.76%	Trim
31	TIP	Ishares Tips Bond ETF	-0.1%	-29.82%	Trim
32	IGIB	Ishares 5-10y Inv Grade CORP	-0.1%	-42.18%	Trim
33	USHY	Ishares Broad Usd High Yield	-0.1%	-13.98%	Trim
34	EFA	Ishares Msci Eafe ETF	-0.1%	-26.31%	Trim
35	USRT	Ishares Core US Reit ETF	-0.1%	-25.73%	Trim
36	BSV	Vanguard Short-term Bond ETF	-0.1%	-23.68%	Trim
37	ISTB	Ishares Core 1-5 Year Usd Bo	-0.1%	-26.09%	Trim
38	MGC	Vanguard Mega Cap ETF	-0.1%	-17.70%	Trim
39	BIV	Vanguard Intermediate-term B	-0.1%	-25.20%	Trim
40	VNQ	Vanguard Real Estate ETF	-0.1%	-24.75%	Trim
41	BND	Vanguard Total Bond Market	-0.1%	-20.77%	Trim
42	IJS	Ishares S&p Small-cap 600 Va	-0.1%	-26.49%	Trim
43	MUB	Ishares National Muni Bond E	-0.1%	-36.00%	Trim
44	VOO	Vanguard S&p 500 ETF	-0.1%	-10.82%	Trim
45	IAGG	Ishares Intl Aggregate Bond	-0.1%	-27.03%	Trim
46	AGG	Ishares Core U.s. Aggregate	-0.2%	-22.82%	Trim
47	IVE	Ishares S&p 500 Value ETF	-0.3%	-21.41%	Trim
48	IJH	Ishares Core S&p Midcap ETF	-0.5%	-25.81%	Trim
49	IXUS	Ishares Core Intl Stock ETF	-0.6%	-33.06%	Trim
50	IVV	Ishares Core S&p 500 ETF	-0.6%	-11.97%	Trim

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-04-16	13F-HR	View on EDGAR
2025-12-31	2026-01-26	13F-HR	View on EDGAR
2025-09-30	2025-10-24	13F-HR	View on EDGAR
2025-06-30	2025-07-30	13F-HR	View on EDGAR
2025-03-31	2025-04-30	13F-HR	View on EDGAR
2024-12-31	2025-02-10	13F-HR	View on EDGAR
2024-09-30	2024-11-07	13F-HR	View on EDGAR
2024-06-30	2024-08-08	13F-HR	View on EDGAR
2024-03-31	2024-04-23	13F-HR	View on EDGAR
2023-12-31	2024-01-25	13F-HR	View on EDGAR
2023-09-30	2023-11-09	13F-HR	View on EDGAR
2023-06-30	2023-08-11	13F-HR	View on EDGAR
2023-03-31	2023-05-08	13F-HR	View on EDGAR
2022-12-31	2023-01-24	13F-HR	View on EDGAR
2022-09-30	2022-11-08	13F-HR	View on EDGAR
2022-06-30	2022-07-22	13F-HR	View on EDGAR
2022-03-31	2022-05-06	13F-HR	View on EDGAR
2021-12-31	2022-02-07	13F-HR	View on EDGAR
2021-09-30	2021-11-09	13F-HR	View on EDGAR
2021-06-30	2021-08-10	13F-HR	View on EDGAR
2021-03-31	2021-05-17	13F-HR	View on EDGAR
2020-12-31	2021-02-16	13F-HR	View on EDGAR
2020-09-30	2020-11-06	13F-HR	View on EDGAR
2020-06-30	2020-08-07	13F-HR	View on EDGAR
2020-03-31	2020-05-15	13F-HR	View on EDGAR
2019-12-31	2020-02-19	13F-HR	View on EDGAR
2019-09-30	2019-11-12	13F-HR	View on EDGAR
2019-06-30	2019-08-06	13F-HR	View on EDGAR
2019-03-31	2019-05-07	13F-HR	View on EDGAR
2018-12-31	2019-02-04	13F-HR	View on EDGAR
2018-09-30	2018-11-14	13F-HR	View on EDGAR
2018-06-30	2018-08-09	13F-HR	View on EDGAR
2018-03-31	2018-05-11	13F-HR	View on EDGAR
2017-12-31	2018-02-01	13F-HR	View on EDGAR
2017-09-30	2017-11-14	13F-HR	View on EDGAR
2017-06-30	2017-08-11	13F-HR	View on EDGAR
2017-03-31	2017-05-11	13F-HR	View on EDGAR
2016-12-31	2017-02-01	13F-HR	View on EDGAR
2016-09-30	2016-11-01	13F-HR	View on EDGAR
2016-06-30	2016-08-08	13F-HR	View on EDGAR
2016-03-31	2016-05-05	13F-HR	View on EDGAR
2015-12-31	2016-01-27	13F-HR	View on EDGAR
2015-09-30	2015-10-23	13F-HR	View on EDGAR
2015-06-30	2015-07-28	13F-HR	View on EDGAR
2015-03-31	2015-04-29	13F-HR	View on EDGAR
2014-12-31	2015-01-23	13F-HR	View on EDGAR
2014-09-30	2014-10-22	13F-HR	View on EDGAR
2014-06-30	2014-07-21	13F-HR	View on EDGAR
2014-03-31	2014-04-25	13F-HR	View on EDGAR
2013-12-31	2014-01-23	13F-HR	View on EDGAR
2013-09-30	2013-11-08	13F-HR	View on EDGAR
2013-06-30	2013-07-24	13F-HR	View on EDGAR

FAQ

What is Phillips Financial Management, LLC and what type of investor is it?

Phillips Financial Management, LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $1.4B, spread across 283 disclosed positions.

What are Phillips Financial Management, LLC's largest equity positions?

Based on the latest 13F filing, Phillips Financial Management, LLC's top holdings by market value are: 1. Ishares Core S&p 500 ETF (IVV) — $145.2M (10.5%) 2. Dimensional Core Fixed INC (DFCF) — $106.7M (7.7%) 3. Dimensional International Co (DFIC) — $92.8M (6.7%) 4. Dimensional Short Duration (DFSD) — $82.1M (6.0%) 5. Dim US Large Cap Value ETF (DFLV) — $50.4M (3.7%)

What changes did Phillips Financial Management, LLC make in its most recent portfolio filing?

In the latest reported quarter, Phillips Financial Management, LLC made 50 notable position adjustments: 0 new positions were initiated, 2 existing holdings were added to, 48 positions were partially reduced, and 0 were completely exited. The largest of these moves: Trim: Ishares Core S&p 500 ETF (IVV) — shares -11.97%; Trim: Ishares Core Intl Stock ETF (IXUS) — shares -33.06%; Trim: Dimensional Core Fixed INC (DFCF) — shares -4.24%; Trim: Dimensional Short Duration (DFSD) — shares -2.97%; Trim: Ishares Core S&p Midcap ETF (IJH) — shares -25.81%

What sectors does Phillips Financial Management, LLC focus on?

Phillips Financial Management, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 30.8% • Financials: 26.7% • Communication Services: 11.6% • Health Care: 10.3% • Consumer Discretionary: 9.3% • Consumer Staples: 5.0%

Peer Institutions

Institutions with a similar AUM

Impactive Capital LP

CIK 0001786767

Total reported value

$1.4B

10 stks

2026-03-31

Concentration53.2

Portfolio Stability62.7

Sector conviction80.1

AUM within 0.0% of this institution

View detail

Robinhood Asset Management, LLC

CIK 0002067588

Total reported value

$1.4B

81 stks

2026-03-31

Concentration34.5

Portfolio Stability45.8

Sector conviction70.6

AUM within 0.0% of this institution

View detail

Next Century Growth Investors LLC

CIK 0001134007

Total reported value

$1.4B

112 stks

2026-03-31

Concentration6.3

Portfolio Stability51.1

Sector conviction79.1

AUM within 0.1% of this institution

View detail

Similar Holdings Style

Institutions with overlapping top holdings

Heffernan Advisory, INC

CIK 0001536230

Total reported value

$107.8M

24 stks

2026-03-31

Concentration97.3

Portfolio Stability5.3

Sector conviction100.0

3 of the top 5 holdings overlap, including Dimensional Core Fixed INC

View detail

Rather & Kittrell, Inc.

CIK 0001582112

Total reported value

$647.9M

113 stks

2026-03-31

Concentration25.1

Portfolio Stability6.6

Sector conviction58.9

3 of the top 5 holdings overlap, including Dimensional International Co

View detail

Summit Financial Strategies, Inc.

CIK 0001625246

Total reported value

$1.3B

170 stks

2026-03-31

Concentration22.2

Portfolio Stability11.3

Sector conviction72.1

3 of the top 5 holdings overlap, including Dimensional International Co

View detail

Phillips Financial Management, LLC — 13F Filing Insights

CIK: 0001350660

Diversified strategyMomentum followerLong-term holder

Total reported value

$1.4B

Reporting period: 2026-03-31 · Number of holdings: 283

PHILLIPS FINANCIAL MANAGEMENT, LLC disclosed 283 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $1.4B and a quarterly turnover rate of 13.6%.

Browse other institutions with $1B to $10B AUM Browse other institutions starting with "P"

Personality snowflake

Concentration: 14.58
Portfolio Stability: 13.59
Momentum/Contrarian: 100
Sector conviction: 61.14
Diversification: 100
Sizing Uniformity: 69.42

Position sizes vary widely across the portfolio (a coefficient of variation of 3.06), 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.

Recent moves

Trim IVV
-12.0%　-$27.8M
Trim IXUS
-33.1%　-$12.7M
Add DFCF
-4.2%　-$5.6M
Add DFSD
-3.0%　-$2.6M
Trim IJH
-25.8%　-$11.8M
Add DUSB
+13.3%　$3.1M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 200 holdings (of 283 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	10.53%	-0.62%	-11.97%
2	DFCF	Dimensional Core Fixed INC	ETF-Other	7.74%	+0.50%	-4.24%
3	DFIC	Dimensional International Co	ETF-Other	6.73%	+0.40%	-8.44%
4	DFSD	Dimensional Short Duration	ETF-Other	5.95%	+0.49%	-2.97%
5	DFLV	Dim US Large Cap Value ETF	ETF-Large Cap & Growth	3.66%	—	-3.61%
6	DFAT	Dimensional US Target Value	ETF-Other	3.43%	—	-6.12%
7	DUHP	Dimensional US High Profi Et	ETF-Other	3.33%	+0.03%	-7.26%
8	DFEM	Dimensional Emrg Mrkt Core	ETF-Other	2.78%	+0.20%	-8.57%
9	VXUS	Vanguard Total Intl Stock	ETF-Other	2.72%	-0.02%	-13.86%
10	IJH	Ishares Core S&p Midcap ETF	ETF-Other	2.70%	-0.46%	-25.81%
11	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	2.65%	-0.12%	-10.82%
12	DFAS	Dimensional US Small Cap ETF	ETF-Small Cap	2.24%	+0.15%	-6.66%
13	IVE	Ishares S&p 500 Value ETF	ETF-Large Cap & Growth	2.13%	-0.29%	-21.41%
14	DFAC	Dimensional US Core Equity 2	ETF-Other	2.03%	+0.14%	-2.83%
15	IXUS	Ishares Core Intl Stock ETF	ETF-Other	2.00%	-0.60%	-33.06%
16	BNDX	Vanguard Total Intl Bond ETF	ETF-Other	1.98%	-0.03%	-11.75%
17	DUSB	Dimension Ultrashort Fi ETF	ETF-Other	1.89%	+0.41%	+13.33%
18	VO	Vanguard Mid-cap ETF	ETF-Other	1.86%	-0.03%	-11.57%
19	LRGF	Ishares US Equity Factor ETF	ETF-Other	1.37%	-0.02%	-7.71%
20	AGG	Ishares Core U.s. Aggregate	ETF-Other	1.34%	-0.21%	-22.82%
21	USHY	Ishares Broad Usd High Yield	ETF-High Yield	1.32%	-0.07%	-13.98%
22	VOOV	Vanguard S&p 500 Value ETF	ETF-Large Cap & Growth	1.24%	-0.05%	-14.10%
23	DFAR	Dimensional US Real Est ETF	ETF-Other	1.19%	—	-7.31%
24	VBR	Vanguard Small-cap Value ETF	ETF-Other	0.89%	-0.04%	-16.51%
25	BND	Vanguard Total Bond Market	ETF-Other	0.88%	-0.11%	-20.77%
26	IJS	Ishares S&p Small-cap 600 Va	ETF-Other	0.72%	-0.11%	-26.49%
27	DFIV	Dimensional International Va	ETF-Other	0.71%	—	-1.23%
28	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	0.66%	—	+3.97%
29	VCIT	Vanguard Int-term Corporate	ETF-Corp Bonds	0.65%	—	-10.36%
30	JPM	Jpmorgan Chase & Co	Stock-Financials	0.65%	+0.02%	+0.09%
31	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	0.63%	+0.02%	-3.66%
32	MGC	Vanguard Mega Cap ETF	ETF-Other	0.61%	-0.10%	-17.70%
33	IAGG	Ishares Intl Aggregate Bond	ETF-Other	0.59%	-0.13%	-27.03%
34	INTF	Ishares International Equity	ETF-Other	0.57%	+0.01%	-13.04%
35	VEU	Vanguard Ftse All-world Ex-u	ETF-Other	0.54%	-0.01%	-14.50%
36	VTV	Vanguard Value ETF	ETF-Other	0.53%	+0.01%	-11.96%
37	VNQ	Vanguard Real Estate ETF	ETF-Other	0.53%	-0.10%	-24.75%
38	USRT	Ishares Core US Reit ETF	ETF-Other	0.52%	-0.08%	-25.73%
39	BIV	Vanguard Intermediate-term B	ETF-Other	0.49%	-0.10%	-25.20%
40	SCHX	Schwab US Large-cap ETF	ETF-Other	0.47%	—	-4.42%
41	MGV	Vanguard Mega Cap Value ETF	ETF-Other	0.46%	-0.03%	-19.66%
42	DFSV	Dimensional US Small Cap Val	ETF-Small Cap	0.45%	—	-1.72%
43	ISTB	Ishares Core 1-5 Year Usd Bo	ETF-Other	0.45%	-0.09%	-26.09%
44	BSV	Vanguard Short-term Bond ETF	ETF-Other	0.44%	-0.08%	-23.68%
45	DFAX	Dimensional World Ex US Core	ETF-Other	0.44%	—	-0.75%
46	AAPL	Apple INC	Stock-Tech	0.40%	—	-5.72%
47	EFA	Ishares Msci Eafe ETF	ETF-Other	0.38%	-0.07%	-26.31%
48	SCHZ	Schwab US Aggregate Bond ETF	ETF-Other	0.32%	—	-4.49%
49	GNR	State Street Spdr S&p Global	ETF-Other	0.30%	—	-8.89%
50	NVDA	Nvidia CORP	Stock-Tech	0.30%	—	-1.70%

1–50 of 200

Portfolio Performance

Performance for Q3 2026

+1.9%

Performance Last 4 Quarters

+13.6%

Based on 56% of reported portfolio value with available pricing

Stdev: +8.6%
Beta: +0.57
Alpha: +0.1%
Max Drawdown: -5.8%
Annualized Perf: +10.8%
Batting Avg vs S&P: +41.7%
Sortino: +2.3
Stutzer: +0.36
Treynor: +0.19
Sterling: +0.76
Calmar: +1.87
Information Ratio: -1.12
Tracking Error: +7%
Stdev Down: +4.6%
Winning Months %: +69.4%
Losing Months %: +30.6%
Best 12 Months: +22.2%
Worst 12 Months: +5.6%
Efficiency Ratio: +0.47
Sharpe: +1.24
Stdev Sectors: +9.9%
Skewness: -0.08
Kurtosis: -0.2
Upside Potential: +3.94

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	283	$1.4B	14	1IVV 2DFCF 3DFIC Top holdings2026-03-31 1.IVV 2.DFCF 3.DFIC 4.DFSD 5.DFLV 6.DFAT 7.DUHP 8.DFEM 9.VXUS 10.IJH
2025-12-31	307	$1.6B	7	1IVV 2DFCF 3DFIC Top holdings2025-12-31 1.IVV 2.DFCF 3.DFIC 4.DFSD 5.DUHP 6.DFLV 7.IJH 8.DFAT 9.VOO 10.VXUS
2025-09-30	305	$1.5B	19	1IVV 2DFCF 3DFIC Top holdings2025-09-30 1.IVV 2.DFCF 3.DFIC 4.DFSD 5.IJH 6.DFLV 7.DUHP 8.DFAT 9.VXUS 10.VOO
2025-06-30	279	$1.4B	0	1IVV 2DFCF 3DFIC Top holdings2025-06-30 1.IVV 2.DFCF 3.DFIC 4.DFSD 5.IJH 6.VXUS 7.DFLV 8.IXUS 9.VOO 10.DUHP
2025-03-31	258	$1.3B	100	1IVV 2DFCF 3DFIC Top holdings2025-03-31 1.IVV 2.DFCF 3.DFIC 4.DFSD 5.IJH 6.VXUS 7.IXUS 8.DFLV 9.VOO 10.IVE
2024-12-31	259	$1.3B	0	1IVV 2DFCF 3DFSD Top holdings2024-12-31 1.IVV 2.DFCF 3.DFSD 4.DFIC 5.IJH 6.IXUS 7.VOO 8.IVE 9.VXUS 10.DFLV
2024-09-30	276	$1.3B	0	1IVV 2IJH 3IXUS Top holdings2024-09-30 1.IVV 2.IJH 3.IXUS 4.IVE 5.DFCF 6.DFIC 7.VXUS 8.DFSD 9.AGG 10.VOO
2024-06-30	272	$1.2B	0	1IVV 2IJH 3IXUS Top holdings2024-06-30 1.IVV 2.IJH 3.IXUS 4.IVE 5.VXUS 6.AGG 7.DFIC 8.VOO 9.DFSD 10.DFCF
2024-03-31	263	$1.2B	0	1IVV 2IJH 3IXUS Top holdings2024-03-31 1.IVV 2.IJH 3.IXUS 4.IVE 5.AGG 6.VXUS 7.VOO 8.DFIC 9.LRGF 10.BNDX
2023-12-31	252	$1.2B	0	1IVV 2IJH 3IXUS Top holdings2023-12-31 1.IVV 2.IJH 3.IXUS 4.IVE 5.AGG 6.VXUS 7.VOO 8.LRGF 9.BNDX 10.DFAC
2023-09-30	238	$1.1B	0	1IVV 2IJH 3IXUS Top holdings2023-09-30 1.IVV 2.IJH 3.IXUS 4.IVE 5.AGG 6.LRGF 7.VXUS 8.VOO 9.BNDX 10.DFAC
2023-06-30	237	$1.1B	0	1IVV 2IJH 3IXUS Top holdings2023-06-30 1.IVV 2.IJH 3.IXUS 4.IVE 5.AGG 6.LRGF 7.VXUS 8.DFAC 9.VOO 10.BNDX
2023-03-31	237	$1.0B	0	1IVV 2IJH 3IXUS Top holdings2023-03-31 1.IVV 2.IJH 3.IXUS 4.IVE 5.AGG 6.LRGF 7.VXUS 8.DFAC 9.BNDX 10.VOO
2022-12-31	225	$983.0M	0	1IVV 2IJH 3IXUS Top holdings2022-12-31 1.IVV 2.IJH 3.IXUS 4.IVE 5.AGG 6.LRGF 7.VXUS 8.BNDX 9.DFAC 10.VOO
2022-09-30	224	$907.3M	0	1IVV 2IJH 3IVE Top holdings2022-09-30 1.IVV 2.IJH 3.IVE 4.IXUS 5.AGG 6.LRGF 7.VXUS 8.BND 9.BNDX 10.VOO
2022-06-30	104	$922.6M	0	1IVV 2IJH 3IVE Top holdings2022-06-30 1.IVV 2.IJH 3.IVE 4.IXUS 5.LRGF 6.AGG 7.VXUS 8.BND 9.BNDX 10.VOO
2022-03-31	139	$1.1B	0	1IVV 2IJH 3LRGF Top holdings2022-03-31 1.IVV 2.IJH 3.LRGF 4.AGG 5.IVE 6.IXUS 7.VXUS 8.INTF 9.VOO 10.BNDX
2021-12-31	90	$1.0B	0	1IVV 2IJH 3AGG Top holdings2021-12-31 1.IVV 2.IJH 3.AGG 4.LRGF 5.IXUS 6.IVE 7.VXUS 8.BNDX 9.VOO 10.IAGG
2021-09-30	90	$966.0M	0	1IVV 2IJH 3AGG Top holdings2021-09-30 1.IVV 2.IJH 3.AGG 4.LRGF 5.IXUS 6.IVE 7.VXUS 8.BNDX 9.IAGG 10.VOO
2021-06-30	89	$970.3M	91	1IVV 2IJH 3AGG Top holdings2021-06-30 1.IVV 2.IJH 3.AGG 4.IXUS 5.IVE 6.ICSH 7.LRGF 8.VXUS 9.VCSH 10.ISTB
2021-03-31	85	$813.2M	12	1IVV 2IJH 3AGG Top holdings2021-03-31 1.IVV 2.IJH 3.AGG 4.IVE 5.IXUS 6.VXUS 7.LRGF 8.BNDX 9.VO 10.BND
2020-12-31	86	$732.3M	15	1IVV 2IJH 3AGG Top holdings2020-12-31 1.IVV 2.IJH 3.AGG 4.IXUS 5.IVE 6.VXUS 7.LRGF 8.BNDX 9.VO 10.BND
2020-09-30	84	$639.1M	9	1IVV 2AGG 3IJH Top holdings2020-09-30 1.IVV 2.AGG 3.IJH 4.IVE 5.IXUS 6.VXUS 7.LRGF 8.BNDX 9.BND 10.VO
2020-06-30	83	$610.9M	20	1IVV 2AGG 3IJH Top holdings2020-06-30 1.IVV 2.AGG 3.IJH 4.IVE 5.IXUS 6.VXUS 7.BNDX 8.LRGF 9.BND 10.VO
2020-03-31	82	$504.2M	30	1IVV 2AGG 3IJH Top holdings2020-03-31 1.IVV 2.AGG 3.IJH 4.IVE 5.IXUS 6.BNDX 7.BND 8.LRGF 9.VXUS 10.IAGG
2019-12-31	78	$610.0M	9	1IVV 2IJH 3AGG Top holdings2019-12-31 1.IVV 2.IJH 3.AGG 4.IVE 5.IXUS 6.BNDX 7.VNQ 8.LRGF 9.IJS 10.BND
2019-09-30	76	$568.7M	7	1IVV 2IJH 3AGG Top holdings2019-09-30 1.IVV 2.IJH 3.AGG 4.IVE 5.IXUS 6.BNDX 7.VNQ 8.IJS 9.BND 10.LRGF
2019-06-30	76	$546.0M	6	1IVV 2IJH 3AGG Top holdings2019-06-30 1.IVV 2.IJH 3.AGG 4.IVE 5.IXUS 6.BNDX 7.VNQ 8.IJS 9.BND 10.LRGF
2019-03-31	78	$524.5M	14	1IVV 2IJH 3IVE Top holdings2019-03-31 1.IVV 2.IJH 3.IVE 4.AGG 5.IXUS 6.VNQ 7.BNDX 8.IJS 9.BND 10.VEU
2018-12-31	77	$468.0M	18	1IVV 2IJH 3AGG Top holdings2018-12-31 1.IVV 2.IJH 3.AGG 4.IVE 5.IXUS 6.BNDX 7.VNQ 8.IJS 9.BND 10.VEU
2018-09-30	71	$486.0M	6	1IJH 2IVV 3IVE Top holdings2018-09-30 1.IJH 2.IVV 3.IVE 4.AGG 5.IXUS 6.VNQ 7.BNDX 8.IJS 9.BND 10.VEU
2018-06-30	69	$473.5M	5	1IJH 2IVV 3IVE Top holdings2018-06-30 1.IJH 2.IVV 3.IVE 4.AGG 5.IXUS 6.VNQ 7.BNDX 8.IJS 9.BND 10.VEU
2018-03-31	70	$461.5M	5	1IJH 2IVV 3IVE Top holdings2018-03-31 1.IJH 2.IVV 3.IVE 4.AGG 5.IXUS 6.BNDX 7.VNQ 8.IJS 9.BND 10.VEU
2017-12-31	68	$474.4M	7	1IJH 2IVV 3IVE Top holdings2017-12-31 1.IJH 2.IVV 3.IVE 4.AGG 5.IXUS 6.BNDX 7.VNQ 8.IJS 9.VEU 10.BND
2017-09-30	71	$456.7M	6	1IJH 2IVV 3IVE Top holdings2017-09-30 1.IJH 2.IVV 3.IVE 4.AGG 5.IXUS 6.BNDX 7.VNQ 8.IJS 9.VEU 10.BND
2017-06-30	70	$437.8M	8	1IJH 2IVV 3IVE Top holdings2017-06-30 1.IJH 2.IVV 3.IVE 4.AGG 5.IXUS 6.BNDX 7.VNQ 8.IJS 9.BND 10.VEU
2017-03-31	68	$412.7M	6	1IJH 2IVE 3IVV Top holdings2017-03-31 1.IJH 2.IVE 3.IVV 4.AGG 5.IXUS 6.BNDX 7.VNQ 8.IJS 9.BND 10.VEU
2016-12-31	67	$399.6M	8	1IJH 2IVE 3IVV Top holdings2016-12-31 1.IJH 2.IVE 3.IVV 4.AGG 5.BNDX 6.IXUS 7.IJS 8.VNQ 9.BND 10.VEU
2016-09-30	66	$376.1M	5	1IJH 2IVV 3IVE Top holdings2016-09-30 1.IJH 2.IVV 3.IVE 4.AGG 5.BNDX 6.IXUS 7.BND 8.IJS 9.VNQ 10.VEU
2016-06-30	63	$373.5M	5	1IJH 2IVE 3IVV Top holdings2016-06-30 1.IJH 2.IVE 3.IVV 4.AGG 5.BNDX 6.IXUS 7.BND 8.VNQ 9.IJS 10.VEU
2016-03-31	61	$360.5M	10	1IJH 2IVV 3IVE Top holdings2016-03-31 1.IJH 2.IVV 3.IVE 4.AGG 5.BNDX 6.BND 7.VNQ 8.IJS 9.IXUS 10.VEU
2015-12-31	60	$330.7M	6	1IJH 2IVV 3IVE Top holdings2015-12-31 1.IJH 2.IVV 3.IVE 4.AGG 5.BNDX 6.BND 7.VNQ 8.VEU 9.IJS 10.EFA
2015-09-30	63	$343.0M	7	1IJH 2IVV 3IVE Top holdings2015-09-30 1.IJH 2.IVV 3.IVE 4.AGG 5.BNDX 6.BND 7.VEU 8.VNQ 9.EFA 10.IJS
2015-06-30	63	$362.0M	3	1IJH 2IVV 3IVE Top holdings2015-06-30 1.IJH 2.IVV 3.IVE 4.AGG 5.BND 6.BNDX 7.VEU 8.EFA 9.VNQ 10.IJS
2015-03-31	64	$365.4M	9	1IJH 2IVV 3IVE Top holdings2015-03-31 1.IJH 2.IVV 3.IVE 4.AGG 5.BND 6.VEU 7.BNDX 8.EFA 9.VNQ 10.IJS
2014-12-31	68	$349.0M	9	1IJH 2IVV 3IVE Top holdings2014-12-31 1.IJH 2.IVV 3.IVE 4.BND 5.AGG 6.VEU 7.VNQ 8.EFA 9.IJS 10.BNDX
2014-09-30	70	$331.0M	11	1IJH 2IVV 3IVE Top holdings2014-09-30 1.IJH 2.IVV 3.IVE 4.BND 5.AGG 6.VEU 7.EFA 8.VNQ 9.IJS 10.BNDX
2014-06-30	65	$335.0M	7	1IJH 2IVV 3IVE Top holdings2014-06-30 1.IJH 2.IVV 3.IVE 4.BND 5.VEU 6.EFA 7.IJS 8.VNQ 9.AGG 10.RWR
2014-03-31	65	$318.2M	7	1IJH 2IVV 3IVE Top holdings2014-03-31 1.IJH 2.IVV 3.IVE 4.BND 5.EFA 6.VEU 7.IJS 8.VNQ 9.AGG 10.RWR
2013-12-31	61	$301.5M	9	1IJH 2IVV 3IVE Top holdings2013-12-31 1.IJH 2.IVV 3.IVE 4.BND 5.EFA 6.VEU 7.IJS 8.VNQ 9.RWR 10.AGG
2013-09-30	60	$282.5M	5	1IJH 2IVV 3IVE Top holdings2013-09-30 1.IJH 2.IVV 3.IVE 4.BND 5.EFA 6.VEU 7.IJS 8.RWR 9.VNQ 10.VXUS
2013-06-30	58	$275.1M	0	1IJH 2IVV 3IVE Top holdings2013-06-30 1.IJH 2.IVV 3.IVE 4.BND 5.EFA 6.VEU 7.IJS 8.RWR 9.VNQ 10.VXUS

Holding changes this quarter

Position changes disclosed by Phillips Financial Management, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	DFCF	Dimensional Core Fixed INC	+0.5%	-4.24%	Trim
2	DFSD	Dimensional Short Duration	+0.5%	-2.97%	Trim
3	DUSB	Dimension Ultrashort Fi ETF	+0.4%	+13.33%	Add
4	DFIC	Dimensional International Co	+0.4%	-8.44%	Trim
5	DFEM	Dimensional Emrg Mrkt Core	+0.2%	-8.57%	Trim
6	DFAS	Dimensional US Small Cap ETF	+0.2%	-6.66%	Trim
7	DFAC	Dimensional US Core Equity 2	+0.1%	-2.83%	Trim
8	DUHP	Dimensional US High Profi Et	0%	-7.26%	Trim
9	JPM	Jpmorgan Chase & Co	0%	+0.09%	Add
10	SPY	Ss Spdr S&p 500 ETF Trust-us	0%	-3.66%	Trim
11	INTF	Ishares International Equity	0%	-13.04%	Trim
12	VTV	Vanguard Value ETF	0%	-11.96%	Trim
13	VCIT	Vanguard Int-term Corporate	—	-10.36%	Trim
14	VEU	Vanguard Ftse All-world Ex-u	0%	-14.50%	Trim
15	VXUS	Vanguard Total Intl Stock	0%	-13.86%	Trim
16	LRGF	Ishares US Equity Factor ETF	0%	-7.71%	Trim
17	VTIP	Vanguard Short-term Tips	0%	-19.71%	Trim
18	SUB	Ishares Short-term National	0%	-18.49%	Trim
19	ICSH	Ishares Ultra Short Duration	0%	-18.38%	Trim
20	BNDX	Vanguard Total Intl Bond ETF	0%	-11.75%	Trim
21	VO	Vanguard Mid-cap ETF	0%	-11.57%	Trim
22	MGV	Vanguard Mega Cap Value ETF	0%	-19.66%	Trim
23	IJR	Ishares Core S&p Small-cap E	0%	-23.34%	Trim
24	IWR	Ishares Russell Mid-cap ETF	0%	-20.04%	Trim
25	LLY	Eli Lilly & Co	0%	-9.52%	Trim
26	VBR	Vanguard Small-cap Value ETF	0%	-16.51%	Trim
27	RWR	Ss Spdr Dow Jones Reit ETF	0%	-41.00%	Trim
28	VOOV	Vanguard S&p 500 Value ETF	-0.1%	-14.10%	Trim
29	MSFT	Microsoft CORP	-0.1%	-6.83%	Trim
30	VV	Vanguard Large-cap ETF	-0.1%	-24.76%	Trim
31	TIP	Ishares Tips Bond ETF	-0.1%	-29.82%	Trim
32	IGIB	Ishares 5-10y Inv Grade CORP	-0.1%	-42.18%	Trim
33	USHY	Ishares Broad Usd High Yield	-0.1%	-13.98%	Trim
34	EFA	Ishares Msci Eafe ETF	-0.1%	-26.31%	Trim
35	USRT	Ishares Core US Reit ETF	-0.1%	-25.73%	Trim
36	BSV	Vanguard Short-term Bond ETF	-0.1%	-23.68%	Trim
37	ISTB	Ishares Core 1-5 Year Usd Bo	-0.1%	-26.09%	Trim
38	MGC	Vanguard Mega Cap ETF	-0.1%	-17.70%	Trim
39	BIV	Vanguard Intermediate-term B	-0.1%	-25.20%	Trim
40	VNQ	Vanguard Real Estate ETF	-0.1%	-24.75%	Trim
41	BND	Vanguard Total Bond Market	-0.1%	-20.77%	Trim
42	IJS	Ishares S&p Small-cap 600 Va	-0.1%	-26.49%	Trim
43	MUB	Ishares National Muni Bond E	-0.1%	-36.00%	Trim
44	VOO	Vanguard S&p 500 ETF	-0.1%	-10.82%	Trim
45	IAGG	Ishares Intl Aggregate Bond	-0.1%	-27.03%	Trim
46	AGG	Ishares Core U.s. Aggregate	-0.2%	-22.82%	Trim
47	IVE	Ishares S&p 500 Value ETF	-0.3%	-21.41%	Trim
48	IJH	Ishares Core S&p Midcap ETF	-0.5%	-25.81%	Trim
49	IXUS	Ishares Core Intl Stock ETF	-0.6%	-33.06%	Trim
50	IVV	Ishares Core S&p 500 ETF	-0.6%	-11.97%	Trim

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-04-16	13F-HR	View on EDGAR
2025-12-31	2026-01-26	13F-HR	View on EDGAR
2025-09-30	2025-10-24	13F-HR	View on EDGAR
2025-06-30	2025-07-30	13F-HR	View on EDGAR
2025-03-31	2025-04-30	13F-HR	View on EDGAR
2024-12-31	2025-02-10	13F-HR	View on EDGAR
2024-09-30	2024-11-07	13F-HR	View on EDGAR
2024-06-30	2024-08-08	13F-HR	View on EDGAR
2024-03-31	2024-04-23	13F-HR	View on EDGAR
2023-12-31	2024-01-25	13F-HR	View on EDGAR
2023-09-30	2023-11-09	13F-HR	View on EDGAR
2023-06-30	2023-08-11	13F-HR	View on EDGAR
2023-03-31	2023-05-08	13F-HR	View on EDGAR
2022-12-31	2023-01-24	13F-HR	View on EDGAR
2022-09-30	2022-11-08	13F-HR	View on EDGAR
2022-06-30	2022-07-22	13F-HR	View on EDGAR
2022-03-31	2022-05-06	13F-HR	View on EDGAR
2021-12-31	2022-02-07	13F-HR	View on EDGAR
2021-09-30	2021-11-09	13F-HR	View on EDGAR
2021-06-30	2021-08-10	13F-HR	View on EDGAR
2021-03-31	2021-05-17	13F-HR	View on EDGAR
2020-12-31	2021-02-16	13F-HR	View on EDGAR
2020-09-30	2020-11-06	13F-HR	View on EDGAR
2020-06-30	2020-08-07	13F-HR	View on EDGAR
2020-03-31	2020-05-15	13F-HR	View on EDGAR
2019-12-31	2020-02-19	13F-HR	View on EDGAR
2019-09-30	2019-11-12	13F-HR	View on EDGAR
2019-06-30	2019-08-06	13F-HR	View on EDGAR
2019-03-31	2019-05-07	13F-HR	View on EDGAR
2018-12-31	2019-02-04	13F-HR	View on EDGAR
2018-09-30	2018-11-14	13F-HR	View on EDGAR
2018-06-30	2018-08-09	13F-HR	View on EDGAR
2018-03-31	2018-05-11	13F-HR	View on EDGAR
2017-12-31	2018-02-01	13F-HR	View on EDGAR
2017-09-30	2017-11-14	13F-HR	View on EDGAR
2017-06-30	2017-08-11	13F-HR	View on EDGAR
2017-03-31	2017-05-11	13F-HR	View on EDGAR
2016-12-31	2017-02-01	13F-HR	View on EDGAR
2016-09-30	2016-11-01	13F-HR	View on EDGAR
2016-06-30	2016-08-08	13F-HR	View on EDGAR
2016-03-31	2016-05-05	13F-HR	View on EDGAR
2015-12-31	2016-01-27	13F-HR	View on EDGAR
2015-09-30	2015-10-23	13F-HR	View on EDGAR
2015-06-30	2015-07-28	13F-HR	View on EDGAR
2015-03-31	2015-04-29	13F-HR	View on EDGAR
2014-12-31	2015-01-23	13F-HR	View on EDGAR
2014-09-30	2014-10-22	13F-HR	View on EDGAR
2014-06-30	2014-07-21	13F-HR	View on EDGAR
2014-03-31	2014-04-25	13F-HR	View on EDGAR
2013-12-31	2014-01-23	13F-HR	View on EDGAR
2013-09-30	2013-11-08	13F-HR	View on EDGAR
2013-06-30	2013-07-24	13F-HR	View on EDGAR