Wellspring Financial Advisors, LLC Institutional Portfolio (13F)

CIK: 0001811308

Diversified strategyMomentum followerLong-term holder

Total reported value

$1.3B

Reporting period: 2026-03-31 · Number of holdings: 278

Wellspring Financial Advisors, LLC disclosed 278 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $1.3B and a quarterly turnover rate of 19.0%.

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

Personality snowflake

Concentration: 24.92
Portfolio Stability: 19.04
Momentum/Contrarian: 100
Sector conviction: 60.69
Diversification: 100
Sizing Uniformity: 59.53

Wellspring Financial Advisors, LLC's disclosed holdings carry a Herfindahl concentration index of 0.062 — mathematically equivalent to about 16 equally-sized positions, well below its 278 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 4.05), 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 20% 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

Add IFRA
+4250.8%　$31.6M
Trim IVV
+1.6%　-$8.5M
Trim IGV
-5.9%　-$14.6M
Add AAPL
+74.9%　$17.7M
Add VGSH
+59.5%　$16.7M
Trim VYM
-2.3%　-$10.1M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	19.82%	-1.75%	+1.59%
2	AAAU	Goldman Sachs Physical Gold	ETF-Commodities	7.16%	+0.46%	+3.69%
3	IEFA	Ishares Core Msci Eafe ETF	ETF-Other	6.81%	-1.03%	-5.28%
4	VYM	Vanguard High Dvd Yield ETF	ETF-Other	5.03%	-1.08%	-2.33%
5	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	4.21%	-0.67%	-0.16%
6	SOXX	Ishares Semiconductor ETF	ETF-Other	3.74%	+0.17%	+1.19%
7	AAPL	Apple INC	Stock-Tech	3.42%	+1.21%	+74.87%
8	VGSH	Vanguard Short-term Treasury	ETF-Gov Bonds	3.38%	+1.14%	+59.47%
9	XLV	Ss Health Care Select Sector	ETF-Other	2.99%	-0.46%	-3.37%
10	IEMG	Ishares Core Msci Emerging	ETF-Emerging Markets	2.89%	+0.43%	+14.65%
11	IFRA	Ishares US Infrastructure	ETF-Other	2.42%	+2.37%	+4250.82%
12	IWF	Ishares Russell 1000 Growth	ETF-Other	2.30%	-0.46%	-2.28%
13	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	1.93%	-0.19%	-2.24%
14	XLK	Ss Technology Select Sector	ETF-Tech	1.71%	+0.10%	+20.97%
15	NVDA	Nvidia CORP	Stock-Tech	1.39%	+0.07%	+21.50%
16	SGOV	Ishares 0-3 Month Treasury B	ETF-Gov Bonds	1.36%	-0.34%	-15.91%
17	IGV	Ishares Expanded Tech-softwa	ETF-Tech	1.18%	-1.22%	-5.87%
18	MSFT	Microsoft CORP	Stock-Tech	1.07%	-0.21%	-49.67%
19	AMZN	Amazon.com INC	Stock-Consumer Disc	1.04%	+0.01%	+18.26%
20	VTV	Vanguard Value ETF	ETF-Other	1.02%	—	-0.35%
21	GS	Goldman Sachs Group INC	Stock-Financials	0.92%	+0.87%	+1884.32%
22	VUG	Vanguard Growth ETF	ETF-Other	0.88%	—	+0.34%
23	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.83%	—	+10.15%
24	MDY	State Street Spdr S&p Midcap	ETF-Other	0.81%	—	-4.78%
25	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	0.80%	-0.12%	-3.61%
26	IVW	Ishares S&p 500 Growth ETF	ETF-Large Cap & Growth	0.72%	-0.12%	-1.37%
27	IWD	Ishares Russell 1000 Value E	ETF-Other	0.67%	—	-0.37%
28	IAU	Ishares Gold Trust	ETF-Commodities	0.65%	—	-3.04%
29	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	0.62%	—	+16.73%
30	SDY	Ss Spdr S&p Dividend ETF	ETF-Other	0.60%	—	-6.69%
31	SPYG	Ss Spdr P S&p 500 Growth ETF	ETF-Large Cap & Growth	0.57%	-0.09%	-1.26%
32	JPM	Jpmorgan Chase & Co	Stock-Financials	0.39%	—	+8.68%
33	IJR	Ishares Core S&p Small-cap E	ETF-Small Cap	0.37%	—	-10.21%
34	META	Meta Platforms Inc-class A	Stock-Comm Services	0.37%	—	+26.30%
35	JNJ	Johnson & Johnson	Stock-Healthcare	0.35%	+0.06%	+7.16%
36	AVGO	Broadcom INC	Stock-Tech	0.35%	—	+4.07%
37	COST	Costco Wholesale CORP	Stock-Consumer Staples	0.34%	—	-1.34%
38	XOM	Exxon Mobil CORP	Stock-Energy	0.33%	+0.08%	-3.89%
39	V	Visa Inc-class A Shares	Stock-Financials	0.31%	—	+17.88%
40	IJH	Ishares Core S&p Midcap ETF	ETF-Other	0.30%	+0.03%	+0.73%
41	LLY	Eli Lilly & Co	Stock-Healthcare	0.28%	+0.08%	+73.12%
42	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.27%	+0.10%	+76.44%
43	RSP	Invesco S&p 500 Equal Weight	ETF-Large Cap & Growth	0.26%	—	+2.41%
44	BA	Boeing Co/the	Stock-Industrials	0.22%	+0.22%	NEW
45	VXUS	Vanguard Total Intl Stock	ETF-Other	0.22%	—	—
46	WMT	Walmart INC	Stock-Consumer Staples	0.21%	—	+4.28%
47	FNDX	Schwab Fndmntl US Lrg Co ETF	ETF-Other	0.21%	—	+0.10%
48	SHC	Sotera Health Co	Stock-Other	0.21%	+0.12%	+2885.20%
49	IVE	Ishares S&p 500 Value ETF	ETF-Large Cap & Growth	0.21%	—	+2.68%
50	RTX	Rtx CORP	Stock-Industrials	0.21%	+0.13%	+176.43%

1–50 of 278

Portfolio Performance

Performance for Q3 2026

+3.3%

Performance Last 4 Quarters

+12.4%

Based on 62% of reported portfolio value with available pricing

Stdev: +15.8%
Beta: +0.99
Alpha: -0.2%
Max Drawdown: -7%
Annualized Perf: +17.2%
Batting Avg vs S&P: +44.4%
Sortino: +2.28
Stutzer: +0.33
Treynor: +0.17
Sterling: +1.1
Calmar: +2.46
Information Ratio: -0.13
Tracking Error: +3.3%
Stdev Down: +7.5%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +35.5%
Worst 12 Months: +16.7%
Efficiency Ratio: +0.39
Sharpe: +1.09
Stdev Sectors: +10.1%
Skewness: +0.27
Kurtosis: -0.78
Upside Potential: +4.17

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	278	$1.3B	19	1IVV 2AAAU 3IEFA Top holdings2026-03-31 1.IVV 2.AAAU 3.IEFA 4.VYM 5.VTI 6.SOXX 7.AAPL 8.VGSH 9.XLV 10.IEMG
2025-12-31	274	$1.3B	19	1IVV 2IEFA 3AAAU Top holdings2025-12-31 1.IVV 2.IEFA 3.AAAU 4.VYM 5.VTI 6.SOXX 7.XLV 8.IWF 9.IEMG 10.IGV
2025-09-30	178	$1.1B	35	1IVV 2IEFA 3AAAU Top holdings2025-09-30 1.IVV 2.IEFA 3.AAAU 4.VYM 5.VTI 6.SOXX 7.XLV 8.IWF 9.IGV 10.IEMG
2025-06-30	181	$995.9M	0	1IVV 2VYM 3IEFA Top holdings2025-06-30 1.IVV 2.VYM 3.IEFA 4.VTI 5.AAAU 6.IWF 7.IGV 8.SGOV 9.SHY 10.SOXX
2025-03-31	139	$898.9M	100	1IVV 2VYM 3IEFA Top holdings2025-03-31 1.IVV 2.VYM 3.IEFA 4.VTI 5.AAAU 6.SGOV 7.SHY 8.IWF 9.IGV 10.IEMG
2024-12-31	147	$957.1M	0	1IVV 2SGOV 3VYM Top holdings2024-12-31 1.IVV 2.SGOV 3.VYM 4.VTI 5.IEFA 6.AAAU 7.IWF 8.IGV 9.IEMG 10.XLY
2024-09-30	166	$838.3M	0	1IVV 2SGOV 3VTI Top holdings2024-09-30 1.IVV 2.SGOV 3.VTI 4.VYM 5.IEFA 6.AAAU 7.IWF 8.IEMG 9.XLY 10.IGV
2024-06-30	151	$735.1M	0	1IVV 2VTI 3VYM Top holdings2024-06-30 1.IVV 2.VTI 3.VYM 4.IEFA 5.AAAUUSD 6.IWF 7.XLY 8.IEMG 9.SPY 10.IGV
2024-03-31	142	$633.0M	0	1IVV 2VTI 3VYM Top holdings2024-03-31 1.IVV 2.VTI 3.VYM 4.IEFA 5.AAAUUSD 6.IWF 7.XLY 8.VTV 9.SPY 10.IEMG
2023-12-31	136	$401.9M	0	1VTI 2SGOV 3IVV Top holdings2023-12-31 1.VTI 2.SGOV 3.IVV 4.IWF 5.VTV 6.SPY 7.MDY 8.AAAUUSD 9.IEFA 10.XLY
2023-09-30	122	$342.1M	0	1VTI 2SGOV 3VTV Top holdings2023-09-30 1.VTI 2.SGOV 3.VTV 4.IWF 5.IVV 6.SPY 7.MDY 8.IEFA 9.SDY 10.XLI
2023-06-30	116	$353.5M	0	1VTI 2SGOV 3VTV Top holdings2023-06-30 1.VTI 2.SGOV 3.VTV 4.IWF 5.SPY 6.IVV 7.MDY 8.SDY 9.IEFA 10.XLI
2023-03-31	125	$337.0M	0	1VTI 2SGOV 3VTV Top holdings2023-03-31 1.VTI 2.SGOV 3.VTV 4.IWF 5.SPY 6.IVV 7.MDY 8.SDY 9.XLI 10.VYM
2022-12-31	130	$300.6M	0	1VTI 2VTV 3IWF Top holdings2022-12-31 1.VTI 2.VTV 3.IWF 4.SPY 5.MDY 6.SDY 7.IVV 8.SGOV 9.VYM 10.JNJ
2022-09-30	101	$270.7M	0	1VTI 2VTV 3IWF Top holdings2022-09-30 1.VTI 2.VTV 3.IWF 4.SPY 5.MDY 6.SDY 7.IVV 8.VYM 9.SGOV 10.JNJ
2022-06-30	101	$287.2M	0	1VTI 2VTV 3IWF Top holdings2022-06-30 1.VTI 2.VTV 3.IWF 4.SPY 5.MDY 6.SDY 7.IVV 8.VYM 9.SGOV 10.QQQ
2022-03-31	132	$339.4M	0	1VTI 2IWF 3VTV Top holdings2022-03-31 1.VTI 2.IWF 3.VTV 4.MDY 5.SPY 6.IVV 7.IGV 8.SDY 9.VYM 10.IAU
2021-12-31	108	$358.9M	0	1VTI 2IWF 3MDY Top holdings2021-12-31 1.VTI 2.IWF 3.MDY 4.SPY 5.VTV 6.IGV 7.SDY 8.IVV 9.VUG 10.IJH
2021-09-30	104	$332.0M	0	1VTI 2IWF 3MDY Top holdings2021-09-30 1.VTI 2.IWF 3.MDY 4.SPY 5.VTV 6.IGV 7.SDY 8.IVV 9.VUG 10.VYM
2021-06-30	100	$318.0M	79	1VTI 2IWF 3MDY Top holdings2021-06-30 1.VTI 2.IWF 3.MDY 4.SPY 5.IGV 6.SDY 7.VTV 8.IVV 9.VUG 10.IVW
2021-03-31	89	$207.4M	44	1VTI 2MDY 3IWF Top holdings2021-03-31 1.VTI 2.MDY 3.IWF 4.BND 5.SPY 6.SDY 7.IAUUSD 8.IVV 9.VB 10.JNJ
2020-12-31	92	$286.5M	17	1VTI 2IWF 3MDY Top holdings2020-12-31 1.VTI 2.IWF 3.MDY 4.SPY 5.IAUUSD 6.SDY 7.IGV 8.IVV 9.BND 10.VUG
2020-09-30	89	$255.2M	8	1VTI 2IWF 3MDY Top holdings2020-09-30 1.VTI 2.IWF 3.MDY 4.SPY 5.IAUUSD 6.BND 7.IVV 8.SDY 9.IVW 10.VUG
2020-06-30	88	$242.3M	23	1VTI 2IWF 3MDY Top holdings2020-06-30 1.VTI 2.IWF 3.MDY 4.SPY 5.IAUUSD 6.BND 7.SDY 8.IVV 9.IVW 10.VUG
2020-03-31	89	$207.4M	0	1VTI 2MDY 3IWF Top holdings2020-03-31 1.VTI 2.MDY 3.IWF 4.BND 5.SPY 6.SDY 7.IAUUSD 8.IVV 9.VB 10.JNJ

Holding changes this quarter

Wellspring Financial Advisors, LLC's most significant position changes for 2026-03-31: New buy: Boeing Co/the (BA); New buy: Coupang INC (CPNG); Sold out: Boston Scientific CORP (BSX); New buy: Cme Group INC (CME); New buy: Vanguard Ftse Emerging Marke (VWO).

Position changes disclosed by Wellspring Financial Advisors, 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	IFRA	Ishares US Infrastructure	+2.4%	+4250.82%	Add
2	AAPL	Apple INC	+1.2%	+74.87%	Add
3	VGSH	Vanguard Short-term Treasury	+1.1%	+59.47%	Add
4	GS	Goldman Sachs Group INC	+0.9%	+1884.32%	Add
5	AAAU	Goldman Sachs Physical Gold	+0.5%	+3.69%	Add
6	IEMG	Ishares Core Msci Emerging	+0.4%	+14.65%	Add
7	SOXX	Ishares Semiconductor ETF	+0.2%	+1.19%	Add
8	RTX	Rtx CORP	+0.1%	+176.43%	Add
9	SHC	Sotera Health Co	+0.1%	+2885.20%	Add
10	XLK	Ss Technology Select Sector	+0.1%	+20.97%	Add
11	BRK-B	Berkshire Hathaway Inc-cl B	+0.1%	+76.44%	Add
12	ECL	Ecolab INC	+0.1%	+280.21%	Add
13	LLY	Eli Lilly & Co	+0.1%	+73.12%	Add
14	XOM	Exxon Mobil CORP	+0.1%	-3.89%	Trim
15	CSCO	Cisco Systems INC	+0.1%	+151.85%	Add
16	NVDA	Nvidia CORP	+0.1%	+21.50%	Add
17	ASML	ASML Holding N.V.	+0.1%	+204.76%	Add
18	HON	Honeywell International INC	+0.1%	+155.10%	Add
19	JNJ	Johnson & Johnson	+0.1%	+7.16%	Add
20	TMUS	T-mobile US INC	+0.1%	+272.27%	Add
21	RYAM	Rayonier Advanced Materials	+0.1%	—	Unchanged
22	BAC	Bank Of America CORP	0%	+51.82%	Add
23	ICE	Intercontinental Exchange In	0%	+47.31%	Add
24	IJH	Ishares Core S&p Midcap ETF	0%	+0.73%	Add
25	AMZN	Amazon.com INC	0%	+18.26%	Add
26	CRM	Salesforce INC	-0.1%	-14.97%	Trim
27	UNH	Unitedhealth Group INC	-0.1%	-27.87%	Trim
28	XLY	Ss Consumer Disc Select Sect	-0.1%	-16.51%	Trim
29	TSLA	Tesla INC	-0.1%	-20.20%	Trim
30	SPYG	Ss Spdr P S&p 500 Growth ETF	-0.1%	-1.26%	Trim
31	VOO	Vanguard S&p 500 ETF	-0.1%	-3.61%	Trim
32	IVW	Ishares S&p 500 Growth ETF	-0.1%	-1.37%	Trim
33	SPY	Ss Spdr S&p 500 ETF Trust-us	-0.2%	-2.24%	Trim
34	MSFT	Microsoft CORP	-0.2%	-49.67%	Trim
35	SGOV	Ishares 0-3 Month Treasury B	-0.3%	-15.91%	Trim
36	IWF	Ishares Russell 1000 Growth	-0.5%	-2.28%	Trim
37	XLV	Ss Health Care Select Sector	-0.5%	-3.37%	Trim
38	VTI	Vanguard Total Stock Mkt ETF	-0.7%	-0.16%	Trim
39	IEFA	Ishares Core Msci Eafe ETF	-1%	-5.28%	Trim
40	VYM	Vanguard High Dvd Yield ETF	-1.1%	-2.33%	Trim
41	IGV	Ishares Expanded Tech-softwa	-1.2%	-5.87%	Trim
42	IVV	Ishares Core S&p 500 ETF	-1.8%	+1.59%	Add
43	BA	Boeing Co/the	—	NEW	New buy
44	CPNG	Coupang INC	—	NEW	New buy
45	BSX	Boston Scientific CORP	—	EXIT	Sold out
46	CME	Cme Group INC	—	NEW	New buy
47	VWO	Vanguard Ftse Emerging Marke	—	NEW	New buy
48	ALC	Alcon Inc.	—	NEW	New buy
49	AON	Aon plc	—	EXIT	Sold out
50	GLD	Spdr Gold Shares	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-15	13F-HR	View on EDGAR
2025-12-31	2026-02-11	13F-HR	View on EDGAR
2025-09-30	2025-11-13	13F-HR	View on EDGAR
2025-06-30	2025-08-13	13F-HR	View on EDGAR
2025-03-31	2025-05-15	13F-HR	View on EDGAR
2024-12-31	2025-02-13	13F-HR	View on EDGAR
2024-09-30	2024-11-13	13F-HR	View on EDGAR
2024-06-30	2024-08-12	13F-HR	View on EDGAR
2024-03-31	2024-05-01	13F-HR	View on EDGAR
2023-12-31	2024-02-13	13F-HR	View on EDGAR
2023-09-30	2023-11-14	13F-HR	View on EDGAR
2023-06-30	2023-08-11	13F-HR	View on EDGAR
2023-03-31	2023-05-12	13F-HR	View on EDGAR
2022-12-31	2023-02-14	13F-HR	View on EDGAR
2022-09-30	2022-11-14	13F-HR	View on EDGAR
2022-06-30	2022-08-12	13F-HR	View on EDGAR
2022-03-31	2022-05-10	13F-HR	View on EDGAR
2021-12-31	2022-01-03	13F-HR	View on EDGAR
2021-09-30	2021-11-12	13F-HR	View on EDGAR
2021-06-30	2021-08-13	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	2020-11-13	13F-HR	View on EDGAR
2020-06-30	2020-08-14	13F-HR	View on EDGAR
2020-03-31	2020-05-14	13F-HR	View on EDGAR

FAQ

What is Wellspring Financial Advisors, LLC and what type of investor is it?

Wellspring Financial Advisors, 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 $1.3B, spread across 278 disclosed positions.

What are Wellspring Financial Advisors, LLC's largest equity positions?

Based on the latest 13F filing, Wellspring Financial Advisors, LLC's top holdings by market value are: 1. Ishares Core S&p 500 ETF (IVV) — $264.3M (19.8%) 2. Goldman Sachs Physical Gold (AAAU) — $95.4M (7.2%) 3. Ishares Core Msci Eafe ETF (IEFA) — $90.8M (6.8%) 4. Vanguard High Dvd Yield ETF (VYM) — $67.1M (5.0%) 5. Vanguard Total Stock Mkt ETF (VTI) — $56.1M (4.2%)

What changes did Wellspring Financial Advisors, LLC make in its most recent portfolio filing?

In the latest reported quarter, Wellspring Financial Advisors, LLC made 49 notable position adjustments: 6 new positions were initiated, 24 existing holdings were added to, 17 positions were partially reduced, and 2 were completely exited. The largest of these moves: New buy: Boeing Co/the (BA); New buy: Coupang INC (CPNG); Sold out: Boston Scientific CORP (BSX); New buy: Cme Group INC (CME); New buy: Vanguard Ftse Emerging Marke (VWO)

What sectors does Wellspring Financial Advisors, LLC focus on?

Wellspring Financial Advisors, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 37.4% • Financials: 16.1% • Communication Services: 11.4% • Health Care: 8.4% • Consumer Discretionary: 8.3% • Industrials: 7.9%

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Wellspring Financial Advisors, LLC Institutional Portfolio (13F)

CIK: 0001811308

Diversified strategyMomentum followerLong-term holder

Total reported value

$1.3B

Reporting period: 2026-03-31 · Number of holdings: 278

Wellspring Financial Advisors, LLC disclosed 278 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $1.3B and a quarterly turnover rate of 19.0%.

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

Personality snowflake

Concentration: 24.92
Portfolio Stability: 19.04
Momentum/Contrarian: 100
Sector conviction: 60.69
Diversification: 100
Sizing Uniformity: 59.53

Position sizes vary widely across the portfolio (a coefficient of variation of 4.05), 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

Add IFRA
+4250.8%　$31.6M
Trim IVV
+1.6%　-$8.5M
Trim IGV
-5.9%　-$14.6M
Add AAPL
+74.9%　$17.7M
Add VGSH
+59.5%　$16.7M
Trim VYM
-2.3%　-$10.1M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	19.82%	-1.75%	+1.59%
2	AAAU	Goldman Sachs Physical Gold	ETF-Commodities	7.16%	+0.46%	+3.69%
3	IEFA	Ishares Core Msci Eafe ETF	ETF-Other	6.81%	-1.03%	-5.28%
4	VYM	Vanguard High Dvd Yield ETF	ETF-Other	5.03%	-1.08%	-2.33%
5	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	4.21%	-0.67%	-0.16%
6	SOXX	Ishares Semiconductor ETF	ETF-Other	3.74%	+0.17%	+1.19%
7	AAPL	Apple INC	Stock-Tech	3.42%	+1.21%	+74.87%
8	VGSH	Vanguard Short-term Treasury	ETF-Gov Bonds	3.38%	+1.14%	+59.47%
9	XLV	Ss Health Care Select Sector	ETF-Other	2.99%	-0.46%	-3.37%
10	IEMG	Ishares Core Msci Emerging	ETF-Emerging Markets	2.89%	+0.43%	+14.65%
11	IFRA	Ishares US Infrastructure	ETF-Other	2.42%	+2.37%	+4250.82%
12	IWF	Ishares Russell 1000 Growth	ETF-Other	2.30%	-0.46%	-2.28%
13	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	1.93%	-0.19%	-2.24%
14	XLK	Ss Technology Select Sector	ETF-Tech	1.71%	+0.10%	+20.97%
15	NVDA	Nvidia CORP	Stock-Tech	1.39%	+0.07%	+21.50%
16	SGOV	Ishares 0-3 Month Treasury B	ETF-Gov Bonds	1.36%	-0.34%	-15.91%
17	IGV	Ishares Expanded Tech-softwa	ETF-Tech	1.18%	-1.22%	-5.87%
18	MSFT	Microsoft CORP	Stock-Tech	1.07%	-0.21%	-49.67%
19	AMZN	Amazon.com INC	Stock-Consumer Disc	1.04%	+0.01%	+18.26%
20	VTV	Vanguard Value ETF	ETF-Other	1.02%	—	-0.35%
21	GS	Goldman Sachs Group INC	Stock-Financials	0.92%	+0.87%	+1884.32%
22	VUG	Vanguard Growth ETF	ETF-Other	0.88%	—	+0.34%
23	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.83%	—	+10.15%
24	MDY	State Street Spdr S&p Midcap	ETF-Other	0.81%	—	-4.78%
25	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	0.80%	-0.12%	-3.61%
26	IVW	Ishares S&p 500 Growth ETF	ETF-Large Cap & Growth	0.72%	-0.12%	-1.37%
27	IWD	Ishares Russell 1000 Value E	ETF-Other	0.67%	—	-0.37%
28	IAU	Ishares Gold Trust	ETF-Commodities	0.65%	—	-3.04%
29	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	0.62%	—	+16.73%
30	SDY	Ss Spdr S&p Dividend ETF	ETF-Other	0.60%	—	-6.69%
31	SPYG	Ss Spdr P S&p 500 Growth ETF	ETF-Large Cap & Growth	0.57%	-0.09%	-1.26%
32	JPM	Jpmorgan Chase & Co	Stock-Financials	0.39%	—	+8.68%
33	IJR	Ishares Core S&p Small-cap E	ETF-Small Cap	0.37%	—	-10.21%
34	META	Meta Platforms Inc-class A	Stock-Comm Services	0.37%	—	+26.30%
35	JNJ	Johnson & Johnson	Stock-Healthcare	0.35%	+0.06%	+7.16%
36	AVGO	Broadcom INC	Stock-Tech	0.35%	—	+4.07%
37	COST	Costco Wholesale CORP	Stock-Consumer Staples	0.34%	—	-1.34%
38	XOM	Exxon Mobil CORP	Stock-Energy	0.33%	+0.08%	-3.89%
39	V	Visa Inc-class A Shares	Stock-Financials	0.31%	—	+17.88%
40	IJH	Ishares Core S&p Midcap ETF	ETF-Other	0.30%	+0.03%	+0.73%
41	LLY	Eli Lilly & Co	Stock-Healthcare	0.28%	+0.08%	+73.12%
42	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.27%	+0.10%	+76.44%
43	RSP	Invesco S&p 500 Equal Weight	ETF-Large Cap & Growth	0.26%	—	+2.41%
44	BA	Boeing Co/the	Stock-Industrials	0.22%	+0.22%	NEW
45	VXUS	Vanguard Total Intl Stock	ETF-Other	0.22%	—	—
46	WMT	Walmart INC	Stock-Consumer Staples	0.21%	—	+4.28%
47	FNDX	Schwab Fndmntl US Lrg Co ETF	ETF-Other	0.21%	—	+0.10%
48	SHC	Sotera Health Co	Stock-Other	0.21%	+0.12%	+2885.20%
49	IVE	Ishares S&p 500 Value ETF	ETF-Large Cap & Growth	0.21%	—	+2.68%
50	RTX	Rtx CORP	Stock-Industrials	0.21%	+0.13%	+176.43%

1–50 of 278

Portfolio Performance

Performance for Q3 2026

+3.3%

Performance Last 4 Quarters

+12.4%

Based on 62% of reported portfolio value with available pricing

Stdev: +15.8%
Beta: +0.99
Alpha: -0.2%
Max Drawdown: -7%
Annualized Perf: +17.2%
Batting Avg vs S&P: +44.4%
Sortino: +2.28
Stutzer: +0.33
Treynor: +0.17
Sterling: +1.1
Calmar: +2.46
Information Ratio: -0.13
Tracking Error: +3.3%
Stdev Down: +7.5%
Winning Months %: +66.7%
Losing Months %: +33.3%
Best 12 Months: +35.5%
Worst 12 Months: +16.7%
Efficiency Ratio: +0.39
Sharpe: +1.09
Stdev Sectors: +10.1%
Skewness: +0.27
Kurtosis: -0.78
Upside Potential: +4.17

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	278	$1.3B	19	1IVV 2AAAU 3IEFA Top holdings2026-03-31 1.IVV 2.AAAU 3.IEFA 4.VYM 5.VTI 6.SOXX 7.AAPL 8.VGSH 9.XLV 10.IEMG
2025-12-31	274	$1.3B	19	1IVV 2IEFA 3AAAU Top holdings2025-12-31 1.IVV 2.IEFA 3.AAAU 4.VYM 5.VTI 6.SOXX 7.XLV 8.IWF 9.IEMG 10.IGV
2025-09-30	178	$1.1B	35	1IVV 2IEFA 3AAAU Top holdings2025-09-30 1.IVV 2.IEFA 3.AAAU 4.VYM 5.VTI 6.SOXX 7.XLV 8.IWF 9.IGV 10.IEMG
2025-06-30	181	$995.9M	0	1IVV 2VYM 3IEFA Top holdings2025-06-30 1.IVV 2.VYM 3.IEFA 4.VTI 5.AAAU 6.IWF 7.IGV 8.SGOV 9.SHY 10.SOXX
2025-03-31	139	$898.9M	100	1IVV 2VYM 3IEFA Top holdings2025-03-31 1.IVV 2.VYM 3.IEFA 4.VTI 5.AAAU 6.SGOV 7.SHY 8.IWF 9.IGV 10.IEMG
2024-12-31	147	$957.1M	0	1IVV 2SGOV 3VYM Top holdings2024-12-31 1.IVV 2.SGOV 3.VYM 4.VTI 5.IEFA 6.AAAU 7.IWF 8.IGV 9.IEMG 10.XLY
2024-09-30	166	$838.3M	0	1IVV 2SGOV 3VTI Top holdings2024-09-30 1.IVV 2.SGOV 3.VTI 4.VYM 5.IEFA 6.AAAU 7.IWF 8.IEMG 9.XLY 10.IGV
2024-06-30	151	$735.1M	0	1IVV 2VTI 3VYM Top holdings2024-06-30 1.IVV 2.VTI 3.VYM 4.IEFA 5.AAAUUSD 6.IWF 7.XLY 8.IEMG 9.SPY 10.IGV
2024-03-31	142	$633.0M	0	1IVV 2VTI 3VYM Top holdings2024-03-31 1.IVV 2.VTI 3.VYM 4.IEFA 5.AAAUUSD 6.IWF 7.XLY 8.VTV 9.SPY 10.IEMG
2023-12-31	136	$401.9M	0	1VTI 2SGOV 3IVV Top holdings2023-12-31 1.VTI 2.SGOV 3.IVV 4.IWF 5.VTV 6.SPY 7.MDY 8.AAAUUSD 9.IEFA 10.XLY
2023-09-30	122	$342.1M	0	1VTI 2SGOV 3VTV Top holdings2023-09-30 1.VTI 2.SGOV 3.VTV 4.IWF 5.IVV 6.SPY 7.MDY 8.IEFA 9.SDY 10.XLI
2023-06-30	116	$353.5M	0	1VTI 2SGOV 3VTV Top holdings2023-06-30 1.VTI 2.SGOV 3.VTV 4.IWF 5.SPY 6.IVV 7.MDY 8.SDY 9.IEFA 10.XLI
2023-03-31	125	$337.0M	0	1VTI 2SGOV 3VTV Top holdings2023-03-31 1.VTI 2.SGOV 3.VTV 4.IWF 5.SPY 6.IVV 7.MDY 8.SDY 9.XLI 10.VYM
2022-12-31	130	$300.6M	0	1VTI 2VTV 3IWF Top holdings2022-12-31 1.VTI 2.VTV 3.IWF 4.SPY 5.MDY 6.SDY 7.IVV 8.SGOV 9.VYM 10.JNJ
2022-09-30	101	$270.7M	0	1VTI 2VTV 3IWF Top holdings2022-09-30 1.VTI 2.VTV 3.IWF 4.SPY 5.MDY 6.SDY 7.IVV 8.VYM 9.SGOV 10.JNJ
2022-06-30	101	$287.2M	0	1VTI 2VTV 3IWF Top holdings2022-06-30 1.VTI 2.VTV 3.IWF 4.SPY 5.MDY 6.SDY 7.IVV 8.VYM 9.SGOV 10.QQQ
2022-03-31	132	$339.4M	0	1VTI 2IWF 3VTV Top holdings2022-03-31 1.VTI 2.IWF 3.VTV 4.MDY 5.SPY 6.IVV 7.IGV 8.SDY 9.VYM 10.IAU
2021-12-31	108	$358.9M	0	1VTI 2IWF 3MDY Top holdings2021-12-31 1.VTI 2.IWF 3.MDY 4.SPY 5.VTV 6.IGV 7.SDY 8.IVV 9.VUG 10.IJH
2021-09-30	104	$332.0M	0	1VTI 2IWF 3MDY Top holdings2021-09-30 1.VTI 2.IWF 3.MDY 4.SPY 5.VTV 6.IGV 7.SDY 8.IVV 9.VUG 10.VYM
2021-06-30	100	$318.0M	79	1VTI 2IWF 3MDY Top holdings2021-06-30 1.VTI 2.IWF 3.MDY 4.SPY 5.IGV 6.SDY 7.VTV 8.IVV 9.VUG 10.IVW
2021-03-31	89	$207.4M	44	1VTI 2MDY 3IWF Top holdings2021-03-31 1.VTI 2.MDY 3.IWF 4.BND 5.SPY 6.SDY 7.IAUUSD 8.IVV 9.VB 10.JNJ
2020-12-31	92	$286.5M	17	1VTI 2IWF 3MDY Top holdings2020-12-31 1.VTI 2.IWF 3.MDY 4.SPY 5.IAUUSD 6.SDY 7.IGV 8.IVV 9.BND 10.VUG
2020-09-30	89	$255.2M	8	1VTI 2IWF 3MDY Top holdings2020-09-30 1.VTI 2.IWF 3.MDY 4.SPY 5.IAUUSD 6.BND 7.IVV 8.SDY 9.IVW 10.VUG
2020-06-30	88	$242.3M	23	1VTI 2IWF 3MDY Top holdings2020-06-30 1.VTI 2.IWF 3.MDY 4.SPY 5.IAUUSD 6.BND 7.SDY 8.IVV 9.IVW 10.VUG
2020-03-31	89	$207.4M	0	1VTI 2MDY 3IWF Top holdings2020-03-31 1.VTI 2.MDY 3.IWF 4.BND 5.SPY 6.SDY 7.IAUUSD 8.IVV 9.VB 10.JNJ

Holding changes this quarter

Position changes disclosed by Wellspring Financial Advisors, 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	IFRA	Ishares US Infrastructure	+2.4%	+4250.82%	Add
2	AAPL	Apple INC	+1.2%	+74.87%	Add
3	VGSH	Vanguard Short-term Treasury	+1.1%	+59.47%	Add
4	GS	Goldman Sachs Group INC	+0.9%	+1884.32%	Add
5	AAAU	Goldman Sachs Physical Gold	+0.5%	+3.69%	Add
6	IEMG	Ishares Core Msci Emerging	+0.4%	+14.65%	Add
7	SOXX	Ishares Semiconductor ETF	+0.2%	+1.19%	Add
8	RTX	Rtx CORP	+0.1%	+176.43%	Add
9	SHC	Sotera Health Co	+0.1%	+2885.20%	Add
10	XLK	Ss Technology Select Sector	+0.1%	+20.97%	Add
11	BRK-B	Berkshire Hathaway Inc-cl B	+0.1%	+76.44%	Add
12	ECL	Ecolab INC	+0.1%	+280.21%	Add
13	LLY	Eli Lilly & Co	+0.1%	+73.12%	Add
14	XOM	Exxon Mobil CORP	+0.1%	-3.89%	Trim
15	CSCO	Cisco Systems INC	+0.1%	+151.85%	Add
16	NVDA	Nvidia CORP	+0.1%	+21.50%	Add
17	ASML	ASML Holding N.V.	+0.1%	+204.76%	Add
18	HON	Honeywell International INC	+0.1%	+155.10%	Add
19	JNJ	Johnson & Johnson	+0.1%	+7.16%	Add
20	TMUS	T-mobile US INC	+0.1%	+272.27%	Add
21	RYAM	Rayonier Advanced Materials	+0.1%	—	Unchanged
22	BAC	Bank Of America CORP	0%	+51.82%	Add
23	ICE	Intercontinental Exchange In	0%	+47.31%	Add
24	IJH	Ishares Core S&p Midcap ETF	0%	+0.73%	Add
25	AMZN	Amazon.com INC	0%	+18.26%	Add
26	CRM	Salesforce INC	-0.1%	-14.97%	Trim
27	UNH	Unitedhealth Group INC	-0.1%	-27.87%	Trim
28	XLY	Ss Consumer Disc Select Sect	-0.1%	-16.51%	Trim
29	TSLA	Tesla INC	-0.1%	-20.20%	Trim
30	SPYG	Ss Spdr P S&p 500 Growth ETF	-0.1%	-1.26%	Trim
31	VOO	Vanguard S&p 500 ETF	-0.1%	-3.61%	Trim
32	IVW	Ishares S&p 500 Growth ETF	-0.1%	-1.37%	Trim
33	SPY	Ss Spdr S&p 500 ETF Trust-us	-0.2%	-2.24%	Trim
34	MSFT	Microsoft CORP	-0.2%	-49.67%	Trim
35	SGOV	Ishares 0-3 Month Treasury B	-0.3%	-15.91%	Trim
36	IWF	Ishares Russell 1000 Growth	-0.5%	-2.28%	Trim
37	XLV	Ss Health Care Select Sector	-0.5%	-3.37%	Trim
38	VTI	Vanguard Total Stock Mkt ETF	-0.7%	-0.16%	Trim
39	IEFA	Ishares Core Msci Eafe ETF	-1%	-5.28%	Trim
40	VYM	Vanguard High Dvd Yield ETF	-1.1%	-2.33%	Trim
41	IGV	Ishares Expanded Tech-softwa	-1.2%	-5.87%	Trim
42	IVV	Ishares Core S&p 500 ETF	-1.8%	+1.59%	Add
43	BA	Boeing Co/the	—	NEW	New buy
44	CPNG	Coupang INC	—	NEW	New buy
45	BSX	Boston Scientific CORP	—	EXIT	Sold out
46	CME	Cme Group INC	—	NEW	New buy
47	VWO	Vanguard Ftse Emerging Marke	—	NEW	New buy
48	ALC	Alcon Inc.	—	NEW	New buy
49	AON	Aon plc	—	EXIT	Sold out
50	GLD	Spdr Gold Shares	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-15	13F-HR	View on EDGAR
2025-12-31	2026-02-11	13F-HR	View on EDGAR
2025-09-30	2025-11-13	13F-HR	View on EDGAR
2025-06-30	2025-08-13	13F-HR	View on EDGAR
2025-03-31	2025-05-15	13F-HR	View on EDGAR
2024-12-31	2025-02-13	13F-HR	View on EDGAR
2024-09-30	2024-11-13	13F-HR	View on EDGAR
2024-06-30	2024-08-12	13F-HR	View on EDGAR
2024-03-31	2024-05-01	13F-HR	View on EDGAR
2023-12-31	2024-02-13	13F-HR	View on EDGAR
2023-09-30	2023-11-14	13F-HR	View on EDGAR
2023-06-30	2023-08-11	13F-HR	View on EDGAR
2023-03-31	2023-05-12	13F-HR	View on EDGAR
2022-12-31	2023-02-14	13F-HR	View on EDGAR
2022-09-30	2022-11-14	13F-HR	View on EDGAR
2022-06-30	2022-08-12	13F-HR	View on EDGAR
2022-03-31	2022-05-10	13F-HR	View on EDGAR
2021-12-31	2022-01-03	13F-HR	View on EDGAR
2021-09-30	2021-11-12	13F-HR	View on EDGAR
2021-06-30	2021-08-13	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	2020-11-13	13F-HR	View on EDGAR
2020-06-30	2020-08-14	13F-HR	View on EDGAR
2020-03-31	2020-05-14	13F-HR	View on EDGAR