Morningstar Investment Services LLC's SEC 13F Portfolio ($546.0M)

CIK: 0001478215

Diversified strategyHigh-turnover traderContrarian

Total reported value

$546.0M

Reporting period: 2025-03-31 · Number of holdings: 134

Morningstar Investment Services LLC disclosed 134 holdings in its latest 13F filing for the period ending 2025-03-31, with total reported value of $546.0M and a quarterly turnover rate of 200.0%.

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Personality snowflake

Concentration: 17.34
Portfolio Stability: 100
Momentum/Contrarian: 0
Sector conviction: 54.29
Diversification: 100
Sizing Uniformity: 77.99

Morningstar Investment Services LLC's disclosed holdings carry a Herfindahl concentration index of 0.043 — mathematically equivalent to about 23 equally-sized positions, well below its 134 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 2.20), 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 30% 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

New buy VTI
New buy BND
New buy VEA
New buy VCRB
New buy VGIT
New buy VWO

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	14.16%	+14.16%	NEW
2	BND	Vanguard Total Bond Market	ETF-Other	10.77%	+10.76%	NEW
3	VEA	Vanguard Ftse Developed ETF	ETF-Other	6.10%	+6.10%	NEW
4	VCRB	Vanguard Core Bond ETF	ETF-Other	4.22%	+4.22%	NEW
5	VGIT	Vanguard Intermediate-term T	ETF-Other	2.85%	+2.85%	NEW
6	VWO	Vanguard Ftse Emerging Marke	ETF-Emerging Markets	1.96%	+1.96%	NEW
7	META	Meta Platforms Inc-class A	Stock-Comm Services	1.90%	+1.90%	NEW
8	VMBS	Vanguard Mortgage-backed Sec	ETF-Other	1.67%	+1.67%	NEW
9	MSFT	Microsoft CORP	Stock-Tech	1.66%	+1.66%	NEW
10	BKNG	Booking Holdings INC	Stock-Consumer Disc	1.62%	+1.62%	NEW
11	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	1.57%	+1.57%	NEW
12	SCHW	Schwab (charles) CORP	Stock-Financials	1.52%	+1.52%	NEW
13	SPSM	Ss Spdr P S&p 600 Small Cap	ETF-Small Cap	1.35%	+1.35%	NEW
14	PM	Philip Morris International	Stock-Consumer Staples	1.33%	+1.33%	NEW
15	JPM	Jpmorgan Chase & Co	Stock-Financials	1.32%	+1.32%	NEW
16	MOAT	Vaneck Morningstar Wide Moat	ETF-Other	1.24%	+1.24%	NEW
17	V	Visa Inc-class A Shares	Stock-Financials	1.20%	+1.20%	NEW
18	AMZN	Amazon.com INC	Stock-Consumer Disc	1.12%	+1.12%	NEW
19	ELV	Elevance Health INC	Stock-Healthcare	1.11%	+1.11%	NEW
20	WFC	Wells Fargo & Co	Stock-Financials	1.11%	+1.11%	NEW
21	KMX	Carmax INC	Stock-Consumer Disc	1.01%	+1.01%	NEW
22	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	0.98%	+0.98%	NEW
23	CMCSA	Comcast Corp-class A	Stock-Comm Services	0.93%	+0.93%	NEW
24	SBUX	Starbucks CORP	Stock-Consumer Disc	0.93%	+0.93%	NEW
25	MA	Mastercard INC - A	Stock-Financials	0.92%	+0.92%	NEW
26	BDX	Becton Dickinson And Co	Stock-Healthcare	0.89%	+0.89%	NEW
27	BSV	Vanguard Short-term Bond ETF	ETF-Other	0.84%	+0.84%	NEW
28	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	0.84%	+0.84%	NEW
29	USHY	Ishares Broad Usd High Yield	ETF-High Yield	0.78%	+0.78%	NEW
30	MDT	Medtronic plc	Stock-Healthcare	0.77%	+0.77%	NEW
31	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.75%	+0.75%	NEW
32	XOM	Exxon Mobil CORP	Stock-Energy	0.75%	+0.75%	NEW
33	CHKP	Check Point Software Technologies Ltd.	Stock-Tech	0.74%	+0.74%	NEW
34	APD	Air Products & Chemicals INC	Stock-Materials	0.73%	+0.73%	NEW
35	IQV	Iqvia Holdings INC	Stock-Healthcare	0.72%	+0.72%	NEW
36	VTEB	Vanguard Tax-exempt Bond ETF	ETF-Other	0.72%	+0.72%	NEW
37	SCHB	Schwab US Broad Market ETF	ETF-Other	0.69%	+0.69%	NEW
38	ENB	Enbridge INC	Stock-Energy	0.67%	+0.67%	NEW
39	COR	Cencora INC	Stock-Healthcare	0.65%	+0.65%	NEW
40	DIS	Walt Disney Co/the	Stock-Comm Services	0.64%	+0.64%	NEW
41	FISV	Fiserv INC	Stock-Other	0.57%	+0.57%	NEW
42	ORCL	Oracle CORP	Stock-Tech	0.54%	+0.54%	NEW
43	ETR	Entergy CORP	Stock-Utilities	0.54%	+0.54%	NEW
44	QCOM	Qualcomm INC	Stock-Tech	0.52%	+0.52%	NEW
45	CRM	Salesforce INC	Stock-Tech	0.51%	+0.51%	NEW
46	COP	Conocophillips	Stock-Energy	0.50%	+0.50%	NEW
47	ADBE	Adobe INC	Stock-Tech	0.50%	+0.50%	NEW
48	DEO	Diageo Plc-sponsored Adr	Stock-Consumer Staples	0.49%	+0.49%	NEW
49	IXUS	Ishares Core Intl Stock ETF	ETF-Other	0.47%	+0.47%	NEW
50	UL	Unilever PLC	Stock-Consumer Staples	0.47%	+0.47%	NEW

1–50 of 134

Portfolio Performance

Performance for Q3 2026

+1.7%

Performance Last 4 Quarters

+11.9%

Based on 70% of reported portfolio value with available pricing

Stdev: +9.8%
Beta: +0.67
Alpha: -0.9%
Max Drawdown: -6.2%
Annualized Perf: +11.6%
Batting Avg vs S&P: +41.7%
Sortino: +2.19
Stutzer: +0.34
Treynor: +0.17
Sterling: +0.76
Calmar: +1.87
Information Ratio: -1.14
Tracking Error: +6.2%
Stdev Down: +5.2%
Winning Months %: +69.4%
Losing Months %: +30.6%
Best 12 Months: +24.9%
Worst 12 Months: +7.2%
Efficiency Ratio: +0.45
Sharpe: +1.17
Stdev Sectors: +8.4%
Skewness: -0.03
Kurtosis: -0.31
Upside Potential: +3.86

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2025-03-31	134	$546.0M	100	1VTI 2BND 3VEA Top holdings2025-03-31 1.VTI 2.BND 3.VEA 4.VCRB 5.VGIT 6.VWO 7.META 8.VMBS 9.MSFT 10.BKNG
2024-12-31	145	$1.1B	0	1VTI 2BND 3VEA Top holdings2024-12-31 1.VTI 2.BND 3.VEA 4.META 5.VMBS 6.BKNG 7.VGIT 8.VWO 9.MSFT 10.SCHW
2024-09-30	405	$9.8B	0	1VTI 2BND 3VEA Top holdings2024-09-30 1.VTI 2.BND 3.VEA 4.META 5.BKNG 6.MSFT 7.AMZN 8.VMBS 9.VWO 10.BRK-B
2024-06-30	376	$9.2B	0	1VTI 2BND 3VEA Top holdings2024-06-30 1.VTI 2.BND 3.VEA 4.META 5.MSFT 6.BKNG 7.SCHW 8.AMZN 9.GOOGL 10.TSM
2024-03-31	348	$9.1B	0	1VTI 2BND 3VEA Top holdings2024-03-31 1.VTI 2.BND 3.VEA 4.META 5.MSFT 6.BKNG 7.SCHW 8.GOOGL 9.AMZN 10.IQV
2023-12-31	405	$17.7B	0	1VTI 2BND 3VEA Top holdings2023-12-31 1.VTI 2.BND 3.VEA 4.COR 5.MSFT 6.META 7.BKNG 8.GOOGL 9.SCHW 10.VO
2023-09-30	275	$7.8B	0	1VTI 2BND 3VEA Top holdings2023-09-30 1.VTI 2.BND 3.VEA 4.COR 5.MSFT 6.BKNG 7.GOOGL 8.VO 9.BRK-B 10.BSV
2023-06-30	245	$7.8B	0	1VTI 2BND 3VEA Top holdings2023-06-30 1.VTI 2.BND 3.VEA 4.MSFT 5.VO 6.COR 7.BKNG 8.BRK-B 9.GOOGL 10.IQV
2023-03-31	228	$7.4B	0	1BND 2VTI 3MSFT Top holdings2023-03-31 1.BND 2.VTI 3.MSFT 4.VEA 5.GOOGL 6.VO 7.BKNG 8.COR 9.VGIT 10.BRK-B
2022-12-31	215	$7.3B	0	1BND 2VTI 3ENB Top holdings2022-12-31 1.BND 2.VTI 3.ENB 4.VEA 5.MSFT 6.VO 7.GOOGL 8.COR 9.BRK-B 10.MA
2022-09-30	218	$7.1B	0	1BND 2VTI 3ENB Top holdings2022-09-30 1.BND 2.VTI 3.ENB 4.MSFT 5.VEA 6.VO 7.GOOGL 8.BSV 9.COR 10.IQV
2022-06-30	218	$7.5B	0	1BND 2VTI 3ENB Top holdings2022-06-30 1.BND 2.VTI 3.ENB 4.MSFT 5.GOOGL 6.VEA 7.VO 8.BSV 9.VGIT 10.IQV
2022-03-31	233	$9.0B	0	1BND 2VTI 3GOOGL Top holdings2022-03-31 1.BND 2.VTI 3.GOOGL 4.ENB 5.MSFT 6.MA 7.BSV 8.IQV 9.VO 10.VEA
2021-12-31	238	$9.0B	0	1BND 2VTI 3GOOGL Top holdings2021-12-31 1.BND 2.VTI 3.GOOGL 4.MSFT 5.ENB 6.META 7.MA 8.IQV 9.BSV 10.VEA
2021-09-30	222	$8.5B	0	1BND 2VTI 3GOOGL Top holdings2021-09-30 1.BND 2.VTI 3.GOOGL 4.ENB 5.META 6.BSV 7.MA 8.MSFT 9.IQV 10.VEA
2021-06-30	216	$8.3B	96	1BND 2VTI 3GOOGL Top holdings2021-06-30 1.BND 2.VTI 3.GOOGL 4.META 5.ENB 6.MA 7.BSV 8.MSFT 9.IQV 10.VEA
2021-03-31	207	$7.7B	15	1BND 2VTI 3GOOGL Top holdings2021-03-31 1.BND 2.VTI 3.GOOGL 4.ENB 5.MA 6.VEA 7.BSV 8.META 9.MSFT 10.LOW
2020-12-31	206	$7.2B	17	1BND 2VTI 3GOOGL Top holdings2020-12-31 1.BND 2.VTI 3.GOOGL 4.BSV 5.MA 6.VEA 7.ENB 8.META 9.MSFT 10.BKNG
2020-09-30	205	$6.4B	12	1BND 2VTI 3BSV Top holdings2020-09-30 1.BND 2.VTI 3.BSV 4.MA 5.VEA 6.META 7.GOOGL 8.MSFT 9.ENB 10.LOW
2020-06-30	203	$6.1B	22	1BND 2VTI 3MA Top holdings2020-06-30 1.BND 2.VTI 3.MA 4.BSV 5.VEA 6.GOOGL 7.META 8.ENB 9.MSFT 10.VTV
2020-03-31	209	$5.5B	27	1BND 2VTI 3BSV Top holdings2020-03-31 1.BND 2.VTI 3.BSV 4.MA 5.VEA 6.VTV 7.ENB 8.GOOGL 9.META 10.BRK-B
2019-12-31	197	$6.4B	15	1BND 2VTI 3BSV Top holdings2019-12-31 1.BND 2.VTI 3.BSV 4.MA 5.VEA 6.ENB 7.VTV 8.GOOGL 9.BKNG 10.BRK-B
2019-09-30	190	$5.9B	11	1BND 2VTI 3BSV Top holdings2019-09-30 1.BND 2.VTI 3.BSV 4.MA 5.VEA 6.ENB 7.VTV 8.BKNG 9.GOOGL 10.BRK-B
2019-06-30	211	$6.1B	14	1BND 2VTI 3BSV Top holdings2019-06-30 1.BND 2.VTI 3.BSV 4.MA 5.VEA 6.ENB 7.BRK-B 8.VWO 9.VTV 10.BKNG
2019-03-31	203	$5.8B	21	1BND 2VTI 3BSV Top holdings2019-03-31 1.BND 2.VTI 3.BSV 4.MA 5.ENB 6.VEA 7.VTV 8.BRK-B 9.VWO 10.GOOG
2018-12-31	205	$5.1B	23	1BND 2VTI 3BSV Top holdings2018-12-31 1.BND 2.VTI 3.BSV 4.BRK-B 5.ENB 6.VEA 7.MA 8.VTV 9.VWO 10.GOOG
2018-09-30	200	$5.5B	13	1BND 2VTI 3VEA Top holdings2018-09-30 1.BND 2.VTI 3.VEA 4.BRK-B 5.MA 6.BSV 7.ENB 8.LOW 9.V 10.VTV
2018-06-30	201	$5.3B	16	1BND 2VTI 3VEA Top holdings2018-06-30 1.BND 2.VTI 3.VEA 4.BRK-B 5.WFC 6.V 7.MA 8.ENB 9.VWO 10.BSV
2018-03-31	198	$5.1B	28	1BND 2VTI 3VEA Top holdings2018-03-31 1.BND 2.VTI 3.VEA 4.BRK-B 5.VWO 6.WFC 7.ENB 8.V 9.MA 10.LOW
2017-12-31	199	$5.0B	19	1VTI 2BND 3VEA Top holdings2017-12-31 1.VTI 2.BND 3.VEA 4.VWO 5.WFC 6.ENB 7.V 8.AMGN 9.LOW 10.D
2017-09-30	194	$4.6B	14	1VTI 2BND 3VEA Top holdings2017-09-30 1.VTI 2.BND 3.VEA 4.VWO 5.WFC 6.AMGN 7.ENB 8.V 9.AEP 10.VTR
2017-06-30	185	$4.3B	19	1VTI 2BND 3WFC Top holdings2017-06-30 1.VTI 2.BND 3.WFC 4.VEA 5.VWO 6.AMGN 7.VTR 8.AEP 9.ENB 10.O
2017-03-31	181	$4.0B	41	1VTI 2BND 3WFC Top holdings2017-03-31 1.VTI 2.BND 3.WFC 4.AEP 5.VEA 6.VWO 7.MO 8.AMGN 9.VTR 10.ENB
2016-12-31	188	$3.1B	30	1BND 2AEP 3MO Top holdings2016-12-31 1.BND 2.AEP 3.MO 4.VWO 5.O 6.VTR 7.847560 8.VEA 9.DUK 10.CMP
2016-09-30	220	$3.5B	20	1BND 2VTI 3O Top holdings2016-09-30 1.BND 2.VTI 3.O 4.AEP 5.VTR 6.847560 7.MO 8.WFC 9.VWO 10.WELL
2016-06-30	213	$3.2B	32	1BND 2VTI 3VEA Top holdings2016-06-30 1.BND 2.VTI 3.VEA 4.VTR 5.O 6.PM 7.AEP 8.MO 9.WFC 10.JNJ
2016-03-31	216	$2.9B	29	1BND 2VTI 3PM Top holdings2016-03-31 1.BND 2.VTI 3.PM 4.VEA 5.AEP 6.VTR 7.O 8.MO 9.JNJ 10.AEP
2015-12-31	210	$2.5B	19	1VTI 2BND 3PM Top holdings2015-12-31 1.VTI 2.BND 3.PM 4.VEA 5.AEP 6.VTR 7.O 8.BOND 9.SMHC 10.MO
2015-09-30	211	$2.4B	28	1VTI 2BND 3VEA Top holdings2015-09-30 1.VTI 2.BND 3.VEA 4.PM 5.AEP 6.BOND 7.SMHC 8.O 9.STPZ 10.MO
2015-06-30	210	$2.3B	18	1VTI 2BND 3VEA Top holdings2015-06-30 1.VTI 2.BND 3.VEA 4.PM 5.AEP 6.STPZ 7.VWO 8.SMHC 9.DWX 10.O
2015-03-31	207	$2.3B	24	1VTI 2BND 3VEA Top holdings2015-03-31 1.VTI 2.BND 3.VEA 4.PM 5.AEP 6.STPZ 7.VWO 8.DWX 9.SMHC 10.O
2014-12-31	215	$2.1B	18	1VTI 2BND 3VEA Top holdings2014-12-31 1.VTI 2.BND 3.VEA 4.PM 5.STPZ 6.DWX 7.VWO 8.847560 9.EXC 10.ELD
2014-09-30	214	$1.9B	21	1VTI 2BND 3VEA Top holdings2014-09-30 1.VTI 2.BND 3.VEA 4.PM 5.STPZ 6.DWX 7.VWO 8.QCLN 9.EXC 10.847560
2014-06-30	204	$1.7B	21	1VTI 2BND 3VEA Top holdings2014-06-30 1.VTI 2.BND 3.VEA 4.PM 5.STPZ 6.BOND 7.VWO 8.EXC 9.847560 10.DFJ
2014-03-31	197	$1.5B	27	1VTI 2BND 3VEA Top holdings2014-03-31 1.VTI 2.BND 3.VEA 4.STPZ 5.EXC 6.PM 7.BOND 8.847560 9.VWO 10.DFJ
2013-12-31	201	$1.3B	22	1VTI 2BND 3VEA Top holdings2013-12-31 1.VTI 2.BND 3.VEA 4.STPZ 5.BOND 6.VWO 7.PM 8.DFJ 9.EXC 10.ELD
2013-09-30	194	$1.1B	30	1VTI 2BND 3VEA Top holdings2013-09-30 1.VTI 2.BND 3.VEA 4.STPZ 5.BOND 6.VWO 7.ELD 8.DFJ 9.EXC 10.JNJ
2013-06-30	192	$960.8M	0	1VTI 2BND 3VEA Top holdings2013-06-30 1.VTI 2.BND 3.VEA 4.BOND 5.ELD 6.STPZ 7.VWO 8.DFJ 9.XLV 10.JNJ

Holding changes this quarter

Morningstar Investment Services LLC's most significant position changes for 2025-03-31: New buy: Vanguard Total Stock Mkt ETF (VTI); New buy: Vanguard Total Bond Market (BND); New buy: Vanguard Ftse Developed ETF (VEA); New buy: Vanguard Core Bond ETF (VCRB); New buy: Vanguard Intermediate-term T (VGIT).

Position changes disclosed by Morningstar Investment Services LLC for the quarter ending 2025-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	VTI	Vanguard Total Stock Mkt ETF	—	NEW	New buy
2	BND	Vanguard Total Bond Market	—	NEW	New buy
3	VEA	Vanguard Ftse Developed ETF	—	NEW	New buy
4	VCRB	Vanguard Core Bond ETF	—	NEW	New buy
5	VGIT	Vanguard Intermediate-term T	—	NEW	New buy
6	VWO	Vanguard Ftse Emerging Marke	—	NEW	New buy
7	META	Meta Platforms Inc-class A	—	NEW	New buy
8	VMBS	Vanguard Mortgage-backed Sec	—	NEW	New buy
9	MSFT	Microsoft CORP	—	NEW	New buy
10	BKNG	Booking Holdings INC	—	NEW	New buy
11	BRK-B	Berkshire Hathaway Inc-cl B	—	NEW	New buy
12	SCHW	Schwab (charles) CORP	—	NEW	New buy
13	SPSM	Ss Spdr P S&p 600 Small Cap	—	NEW	New buy
14	PM	Philip Morris International	—	NEW	New buy
15	JPM	Jpmorgan Chase & Co	—	NEW	New buy
16	MOAT	Vaneck Morningstar Wide Moat	—	NEW	New buy
17	V	Visa Inc-class A Shares	—	NEW	New buy
18	AMZN	Amazon.com INC	—	NEW	New buy
19	ELV	Elevance Health INC	—	NEW	New buy
20	WFC	Wells Fargo & Co	—	NEW	New buy
21	KMX	Carmax INC	—	NEW	New buy
22	GOOGL	Alphabet Inc-cl A	—	NEW	New buy
23	CMCSA	Comcast Corp-class A	—	NEW	New buy
24	SBUX	Starbucks CORP	—	NEW	New buy
25	MA	Mastercard INC - A	—	NEW	New buy
26	BDX	Becton Dickinson And Co	—	NEW	New buy
27	BSV	Vanguard Short-term Bond ETF	—	NEW	New buy
28	TSM	Taiwan Semiconductor-sp Adr	—	NEW	New buy
29	USHY	Ishares Broad Usd High Yield	—	NEW	New buy
30	MDT	Medtronic plc	—	NEW	New buy
31	GOOG	Alphabet Inc-cl C	—	NEW	New buy
32	XOM	Exxon Mobil CORP	—	NEW	New buy
33	CHKP	Check Point Software Technologies Ltd.	—	NEW	New buy
34	APD	Air Products & Chemicals INC	—	NEW	New buy
35	IQV	Iqvia Holdings INC	—	NEW	New buy
36	VTEB	Vanguard Tax-exempt Bond ETF	—	NEW	New buy
37	SCHB	Schwab US Broad Market ETF	—	NEW	New buy
38	ENB	Enbridge INC	—	NEW	New buy
39	COR	Cencora INC	—	NEW	New buy
40	DIS	Walt Disney Co/the	—	NEW	New buy
41	FISV	Fiserv INC	—	NEW	New buy
42	ORCL	Oracle CORP	—	NEW	New buy
43	ETR	Entergy CORP	—	NEW	New buy
44	QCOM	Qualcomm INC	—	NEW	New buy
45	CRM	Salesforce INC	—	NEW	New buy
46	COP	Conocophillips	—	NEW	New buy
47	ADBE	Adobe INC	—	NEW	New buy
48	DEO	Diageo Plc-sponsored Adr	—	NEW	New buy
49	IXUS	Ishares Core Intl Stock ETF	—	NEW	New buy
50	UL	Unilever PLC	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2025-03-31	2025-05-05	13F-HR	View on EDGAR
2024-12-31	2025-02-12	13F-HR	View on EDGAR
2024-09-30	2024-11-07	13F-HR	View on EDGAR
2024-06-30	2024-08-13	13F-HR	View on EDGAR
2024-03-31	2024-05-15	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	2023-08-14	13F-HR	View on EDGAR
2023-03-31	2023-05-15	13F-HR	View on EDGAR
2022-12-31	2023-04-05	Amendment	View on EDGAR
2022-12-31	2023-02-10	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	2022-02-01	13F-HR	View on EDGAR
2021-09-30	2021-11-12	13F-HR	View on EDGAR
2021-06-30	2021-08-12	13F-HR	View on EDGAR
2021-03-31	2021-05-11	13F-HR	View on EDGAR
2020-12-31	2021-02-11	13F-HR	View on EDGAR
2020-09-30	2020-11-10	13F-HR	View on EDGAR
2020-06-30	2020-07-30	13F-HR	View on EDGAR
2020-03-31	2020-05-04	13F-HR	View on EDGAR
2019-12-31	2020-02-10	13F-HR	View on EDGAR
2019-09-30	2019-11-12	13F-HR	View on EDGAR
2019-06-30	2019-08-13	13F-HR	View on EDGAR
2019-03-31	2019-05-13	13F-HR	View on EDGAR
2018-12-31	2019-02-14	13F-HR	View on EDGAR
2018-09-30	2018-11-08	13F-HR	View on EDGAR
2018-06-30	2018-08-03	13F-HR	View on EDGAR
2018-03-31	2018-05-10	13F-HR	View on EDGAR
2017-12-31	2018-02-08	13F-HR	View on EDGAR
2017-09-30	2017-11-09	13F-HR	View on EDGAR
2017-06-30	2017-08-03	13F-HR	View on EDGAR
2017-03-31	2017-05-04	13F-HR	View on EDGAR
2016-12-31	2017-02-07	13F-HR	View on EDGAR
2016-09-30	2016-11-09	13F-HR	View on EDGAR
2016-06-30	2016-08-04	13F-HR	View on EDGAR
2016-03-31	2016-05-16	13F-HR	View on EDGAR
2015-12-31	2016-02-11	13F-HR	View on EDGAR
2015-09-30	2015-10-20	13F-HR	View on EDGAR
2015-06-30	2015-07-31	13F-HR	View on EDGAR
2015-03-31	2015-05-13	13F-HR	View on EDGAR
2014-12-31	2015-02-05	13F-HR	View on EDGAR
2014-09-30	2014-11-12	13F-HR	View on EDGAR
2014-06-30	2014-08-07	13F-HR	View on EDGAR
2014-03-31	2014-05-14	13F-HR	View on EDGAR
2013-12-31	2014-02-07	13F-HR	View on EDGAR
2013-09-30	2013-11-12	13F-HR	View on EDGAR
2013-06-30	2013-08-07	13F-HR	View on EDGAR

FAQ

What is Morningstar Investment Services LLC and what type of investor is it?

Morningstar Investment Services 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 (2025-03-31), the firm manages a tracked equity portfolio valued at approximately $546.0M, spread across 134 disclosed positions.

What are Morningstar Investment Services LLC's largest equity positions?

Based on the latest 13F filing, Morningstar Investment Services LLC's top holdings by market value are: 1. Vanguard Total Stock Mkt ETF (VTI) — $77.3M (14.2%) 2. Vanguard Total Bond Market (BND) — $58.8M (10.8%) 3. Vanguard Ftse Developed ETF (VEA) — $33.3M (6.1%) 4. Vanguard Core Bond ETF (VCRB) — $23.0M (4.2%) 5. Vanguard Intermediate-term T (VGIT) — $15.5M (2.9%)

What changes did Morningstar Investment Services LLC make in its most recent portfolio filing?

In the latest quarter, Morningstar Investment Services LLC was primarily adding exposure — initiating 50 new positions and adding to 0 existing holdings. The largest of these moves: New buy: Vanguard Total Stock Mkt ETF (VTI); New buy: Vanguard Total Bond Market (BND); New buy: Vanguard Ftse Developed ETF (VEA); New buy: Vanguard Core Bond ETF (VCRB); New buy: Vanguard Intermediate-term T (VGIT)

What sectors does Morningstar Investment Services LLC focus on?

Morningstar Investment Services LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 26.9% • Information Technology: 21.2% • Communication Services: 18.3% • Consumer Discretionary: 12.9% • Health Care: 8.7% • Consumer Staples: 6.2%

Peer Institutions

Institutions with a similar AUM

Windsor Wealth Management, Inc.

CIK 0001731713

Total reported value

$546.1M

157 stks

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Stale — no recent filing

Concentration12.3

Portfolio Stability0.0

Sector conviction92.0

AUM within 0.0% of this institution

View detail

SkyOak Wealth, LLC

CIK 0001800379

Total reported value

$546.1M

255 stks

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Concentration7.6

Portfolio Stability12.1

Sector conviction62.1

AUM within 0.0% of this institution

View detail

Lantz Financial LLC

CIK 0001766883

Total reported value

$546.2M

259 stks

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Concentration6.6

Portfolio Stability19.5

Sector conviction45.0

AUM within 0.0% of this institution

View detail

Similar Holdings Style

Institutions with overlapping top holdings

Foster Group, Inc.

CIK 0001841544

Total reported value

$3.8B

318 stks

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Concentration17.1

Portfolio Stability12.0

Sector conviction62.7

4 of the top 5 holdings overlap, including Vanguard Total Stock Mkt ETF

View detail

Cambridge Associates LLC /ma/ /adv

CIK 0000733986

Total reported value

$6.3B

60 stks

2026-03-31

Concentration52.5

Portfolio Stability7.5

Sector conviction0.0

3 of the top 5 holdings overlap, including Vanguard Ftse Developed ETF

View detail

SCS Capital Management LLC

CIK 0001303159

Total reported value

$9.4B

468 stks

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Concentration16.8

Portfolio Stability11.6

Sector conviction36.5

3 of the top 5 holdings overlap, including Vanguard Intermediate-term T

View detail

Morningstar Investment Services LLC's SEC 13F Portfolio ($546.0M)

CIK: 0001478215

Diversified strategyHigh-turnover traderContrarian

Total reported value

$546.0M

Reporting period: 2025-03-31 · Number of holdings: 134

Morningstar Investment Services LLC disclosed 134 holdings in its latest 13F filing for the period ending 2025-03-31, with total reported value of $546.0M and a quarterly turnover rate of 200.0%.

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "M"

Personality snowflake

Concentration: 17.34
Portfolio Stability: 100
Momentum/Contrarian: 0
Sector conviction: 54.29
Diversification: 100
Sizing Uniformity: 77.99

Position sizes vary widely across the portfolio (a coefficient of variation of 2.20), 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

New buy VTI
New buy BND
New buy VEA
New buy VCRB
New buy VGIT
New buy VWO

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	14.16%	+14.16%	NEW
2	BND	Vanguard Total Bond Market	ETF-Other	10.77%	+10.76%	NEW
3	VEA	Vanguard Ftse Developed ETF	ETF-Other	6.10%	+6.10%	NEW
4	VCRB	Vanguard Core Bond ETF	ETF-Other	4.22%	+4.22%	NEW
5	VGIT	Vanguard Intermediate-term T	ETF-Other	2.85%	+2.85%	NEW
6	VWO	Vanguard Ftse Emerging Marke	ETF-Emerging Markets	1.96%	+1.96%	NEW
7	META	Meta Platforms Inc-class A	Stock-Comm Services	1.90%	+1.90%	NEW
8	VMBS	Vanguard Mortgage-backed Sec	ETF-Other	1.67%	+1.67%	NEW
9	MSFT	Microsoft CORP	Stock-Tech	1.66%	+1.66%	NEW
10	BKNG	Booking Holdings INC	Stock-Consumer Disc	1.62%	+1.62%	NEW
11	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	1.57%	+1.57%	NEW
12	SCHW	Schwab (charles) CORP	Stock-Financials	1.52%	+1.52%	NEW
13	SPSM	Ss Spdr P S&p 600 Small Cap	ETF-Small Cap	1.35%	+1.35%	NEW
14	PM	Philip Morris International	Stock-Consumer Staples	1.33%	+1.33%	NEW
15	JPM	Jpmorgan Chase & Co	Stock-Financials	1.32%	+1.32%	NEW
16	MOAT	Vaneck Morningstar Wide Moat	ETF-Other	1.24%	+1.24%	NEW
17	V	Visa Inc-class A Shares	Stock-Financials	1.20%	+1.20%	NEW
18	AMZN	Amazon.com INC	Stock-Consumer Disc	1.12%	+1.12%	NEW
19	ELV	Elevance Health INC	Stock-Healthcare	1.11%	+1.11%	NEW
20	WFC	Wells Fargo & Co	Stock-Financials	1.11%	+1.11%	NEW
21	KMX	Carmax INC	Stock-Consumer Disc	1.01%	+1.01%	NEW
22	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	0.98%	+0.98%	NEW
23	CMCSA	Comcast Corp-class A	Stock-Comm Services	0.93%	+0.93%	NEW
24	SBUX	Starbucks CORP	Stock-Consumer Disc	0.93%	+0.93%	NEW
25	MA	Mastercard INC - A	Stock-Financials	0.92%	+0.92%	NEW
26	BDX	Becton Dickinson And Co	Stock-Healthcare	0.89%	+0.89%	NEW
27	BSV	Vanguard Short-term Bond ETF	ETF-Other	0.84%	+0.84%	NEW
28	TSM	Taiwan Semiconductor-sp Adr	Stock-Tech	0.84%	+0.84%	NEW
29	USHY	Ishares Broad Usd High Yield	ETF-High Yield	0.78%	+0.78%	NEW
30	MDT	Medtronic plc	Stock-Healthcare	0.77%	+0.77%	NEW
31	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.75%	+0.75%	NEW
32	XOM	Exxon Mobil CORP	Stock-Energy	0.75%	+0.75%	NEW
33	CHKP	Check Point Software Technologies Ltd.	Stock-Tech	0.74%	+0.74%	NEW
34	APD	Air Products & Chemicals INC	Stock-Materials	0.73%	+0.73%	NEW
35	IQV	Iqvia Holdings INC	Stock-Healthcare	0.72%	+0.72%	NEW
36	VTEB	Vanguard Tax-exempt Bond ETF	ETF-Other	0.72%	+0.72%	NEW
37	SCHB	Schwab US Broad Market ETF	ETF-Other	0.69%	+0.69%	NEW
38	ENB	Enbridge INC	Stock-Energy	0.67%	+0.67%	NEW
39	COR	Cencora INC	Stock-Healthcare	0.65%	+0.65%	NEW
40	DIS	Walt Disney Co/the	Stock-Comm Services	0.64%	+0.64%	NEW
41	FISV	Fiserv INC	Stock-Other	0.57%	+0.57%	NEW
42	ORCL	Oracle CORP	Stock-Tech	0.54%	+0.54%	NEW
43	ETR	Entergy CORP	Stock-Utilities	0.54%	+0.54%	NEW
44	QCOM	Qualcomm INC	Stock-Tech	0.52%	+0.52%	NEW
45	CRM	Salesforce INC	Stock-Tech	0.51%	+0.51%	NEW
46	COP	Conocophillips	Stock-Energy	0.50%	+0.50%	NEW
47	ADBE	Adobe INC	Stock-Tech	0.50%	+0.50%	NEW
48	DEO	Diageo Plc-sponsored Adr	Stock-Consumer Staples	0.49%	+0.49%	NEW
49	IXUS	Ishares Core Intl Stock ETF	ETF-Other	0.47%	+0.47%	NEW
50	UL	Unilever PLC	Stock-Consumer Staples	0.47%	+0.47%	NEW

1–50 of 134

Portfolio Performance

Performance for Q3 2026

+1.7%

Performance Last 4 Quarters

+11.9%

Based on 70% of reported portfolio value with available pricing

Stdev: +9.8%
Beta: +0.67
Alpha: -0.9%
Max Drawdown: -6.2%
Annualized Perf: +11.6%
Batting Avg vs S&P: +41.7%
Sortino: +2.19
Stutzer: +0.34
Treynor: +0.17
Sterling: +0.76
Calmar: +1.87
Information Ratio: -1.14
Tracking Error: +6.2%
Stdev Down: +5.2%
Winning Months %: +69.4%
Losing Months %: +30.6%
Best 12 Months: +24.9%
Worst 12 Months: +7.2%
Efficiency Ratio: +0.45
Sharpe: +1.17
Stdev Sectors: +8.4%
Skewness: -0.03
Kurtosis: -0.31
Upside Potential: +3.86

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2025-03-31	134	$546.0M	100	1VTI 2BND 3VEA Top holdings2025-03-31 1.VTI 2.BND 3.VEA 4.VCRB 5.VGIT 6.VWO 7.META 8.VMBS 9.MSFT 10.BKNG
2024-12-31	145	$1.1B	0	1VTI 2BND 3VEA Top holdings2024-12-31 1.VTI 2.BND 3.VEA 4.META 5.VMBS 6.BKNG 7.VGIT 8.VWO 9.MSFT 10.SCHW
2024-09-30	405	$9.8B	0	1VTI 2BND 3VEA Top holdings2024-09-30 1.VTI 2.BND 3.VEA 4.META 5.BKNG 6.MSFT 7.AMZN 8.VMBS 9.VWO 10.BRK-B
2024-06-30	376	$9.2B	0	1VTI 2BND 3VEA Top holdings2024-06-30 1.VTI 2.BND 3.VEA 4.META 5.MSFT 6.BKNG 7.SCHW 8.AMZN 9.GOOGL 10.TSM
2024-03-31	348	$9.1B	0	1VTI 2BND 3VEA Top holdings2024-03-31 1.VTI 2.BND 3.VEA 4.META 5.MSFT 6.BKNG 7.SCHW 8.GOOGL 9.AMZN 10.IQV
2023-12-31	405	$17.7B	0	1VTI 2BND 3VEA Top holdings2023-12-31 1.VTI 2.BND 3.VEA 4.COR 5.MSFT 6.META 7.BKNG 8.GOOGL 9.SCHW 10.VO
2023-09-30	275	$7.8B	0	1VTI 2BND 3VEA Top holdings2023-09-30 1.VTI 2.BND 3.VEA 4.COR 5.MSFT 6.BKNG 7.GOOGL 8.VO 9.BRK-B 10.BSV
2023-06-30	245	$7.8B	0	1VTI 2BND 3VEA Top holdings2023-06-30 1.VTI 2.BND 3.VEA 4.MSFT 5.VO 6.COR 7.BKNG 8.BRK-B 9.GOOGL 10.IQV
2023-03-31	228	$7.4B	0	1BND 2VTI 3MSFT Top holdings2023-03-31 1.BND 2.VTI 3.MSFT 4.VEA 5.GOOGL 6.VO 7.BKNG 8.COR 9.VGIT 10.BRK-B
2022-12-31	215	$7.3B	0	1BND 2VTI 3ENB Top holdings2022-12-31 1.BND 2.VTI 3.ENB 4.VEA 5.MSFT 6.VO 7.GOOGL 8.COR 9.BRK-B 10.MA
2022-09-30	218	$7.1B	0	1BND 2VTI 3ENB Top holdings2022-09-30 1.BND 2.VTI 3.ENB 4.MSFT 5.VEA 6.VO 7.GOOGL 8.BSV 9.COR 10.IQV
2022-06-30	218	$7.5B	0	1BND 2VTI 3ENB Top holdings2022-06-30 1.BND 2.VTI 3.ENB 4.MSFT 5.GOOGL 6.VEA 7.VO 8.BSV 9.VGIT 10.IQV
2022-03-31	233	$9.0B	0	1BND 2VTI 3GOOGL Top holdings2022-03-31 1.BND 2.VTI 3.GOOGL 4.ENB 5.MSFT 6.MA 7.BSV 8.IQV 9.VO 10.VEA
2021-12-31	238	$9.0B	0	1BND 2VTI 3GOOGL Top holdings2021-12-31 1.BND 2.VTI 3.GOOGL 4.MSFT 5.ENB 6.META 7.MA 8.IQV 9.BSV 10.VEA
2021-09-30	222	$8.5B	0	1BND 2VTI 3GOOGL Top holdings2021-09-30 1.BND 2.VTI 3.GOOGL 4.ENB 5.META 6.BSV 7.MA 8.MSFT 9.IQV 10.VEA
2021-06-30	216	$8.3B	96	1BND 2VTI 3GOOGL Top holdings2021-06-30 1.BND 2.VTI 3.GOOGL 4.META 5.ENB 6.MA 7.BSV 8.MSFT 9.IQV 10.VEA
2021-03-31	207	$7.7B	15	1BND 2VTI 3GOOGL Top holdings2021-03-31 1.BND 2.VTI 3.GOOGL 4.ENB 5.MA 6.VEA 7.BSV 8.META 9.MSFT 10.LOW
2020-12-31	206	$7.2B	17	1BND 2VTI 3GOOGL Top holdings2020-12-31 1.BND 2.VTI 3.GOOGL 4.BSV 5.MA 6.VEA 7.ENB 8.META 9.MSFT 10.BKNG
2020-09-30	205	$6.4B	12	1BND 2VTI 3BSV Top holdings2020-09-30 1.BND 2.VTI 3.BSV 4.MA 5.VEA 6.META 7.GOOGL 8.MSFT 9.ENB 10.LOW
2020-06-30	203	$6.1B	22	1BND 2VTI 3MA Top holdings2020-06-30 1.BND 2.VTI 3.MA 4.BSV 5.VEA 6.GOOGL 7.META 8.ENB 9.MSFT 10.VTV
2020-03-31	209	$5.5B	27	1BND 2VTI 3BSV Top holdings2020-03-31 1.BND 2.VTI 3.BSV 4.MA 5.VEA 6.VTV 7.ENB 8.GOOGL 9.META 10.BRK-B
2019-12-31	197	$6.4B	15	1BND 2VTI 3BSV Top holdings2019-12-31 1.BND 2.VTI 3.BSV 4.MA 5.VEA 6.ENB 7.VTV 8.GOOGL 9.BKNG 10.BRK-B
2019-09-30	190	$5.9B	11	1BND 2VTI 3BSV Top holdings2019-09-30 1.BND 2.VTI 3.BSV 4.MA 5.VEA 6.ENB 7.VTV 8.BKNG 9.GOOGL 10.BRK-B
2019-06-30	211	$6.1B	14	1BND 2VTI 3BSV Top holdings2019-06-30 1.BND 2.VTI 3.BSV 4.MA 5.VEA 6.ENB 7.BRK-B 8.VWO 9.VTV 10.BKNG
2019-03-31	203	$5.8B	21	1BND 2VTI 3BSV Top holdings2019-03-31 1.BND 2.VTI 3.BSV 4.MA 5.ENB 6.VEA 7.VTV 8.BRK-B 9.VWO 10.GOOG
2018-12-31	205	$5.1B	23	1BND 2VTI 3BSV Top holdings2018-12-31 1.BND 2.VTI 3.BSV 4.BRK-B 5.ENB 6.VEA 7.MA 8.VTV 9.VWO 10.GOOG
2018-09-30	200	$5.5B	13	1BND 2VTI 3VEA Top holdings2018-09-30 1.BND 2.VTI 3.VEA 4.BRK-B 5.MA 6.BSV 7.ENB 8.LOW 9.V 10.VTV
2018-06-30	201	$5.3B	16	1BND 2VTI 3VEA Top holdings2018-06-30 1.BND 2.VTI 3.VEA 4.BRK-B 5.WFC 6.V 7.MA 8.ENB 9.VWO 10.BSV
2018-03-31	198	$5.1B	28	1BND 2VTI 3VEA Top holdings2018-03-31 1.BND 2.VTI 3.VEA 4.BRK-B 5.VWO 6.WFC 7.ENB 8.V 9.MA 10.LOW
2017-12-31	199	$5.0B	19	1VTI 2BND 3VEA Top holdings2017-12-31 1.VTI 2.BND 3.VEA 4.VWO 5.WFC 6.ENB 7.V 8.AMGN 9.LOW 10.D
2017-09-30	194	$4.6B	14	1VTI 2BND 3VEA Top holdings2017-09-30 1.VTI 2.BND 3.VEA 4.VWO 5.WFC 6.AMGN 7.ENB 8.V 9.AEP 10.VTR
2017-06-30	185	$4.3B	19	1VTI 2BND 3WFC Top holdings2017-06-30 1.VTI 2.BND 3.WFC 4.VEA 5.VWO 6.AMGN 7.VTR 8.AEP 9.ENB 10.O
2017-03-31	181	$4.0B	41	1VTI 2BND 3WFC Top holdings2017-03-31 1.VTI 2.BND 3.WFC 4.AEP 5.VEA 6.VWO 7.MO 8.AMGN 9.VTR 10.ENB
2016-12-31	188	$3.1B	30	1BND 2AEP 3MO Top holdings2016-12-31 1.BND 2.AEP 3.MO 4.VWO 5.O 6.VTR 7.847560 8.VEA 9.DUK 10.CMP
2016-09-30	220	$3.5B	20	1BND 2VTI 3O Top holdings2016-09-30 1.BND 2.VTI 3.O 4.AEP 5.VTR 6.847560 7.MO 8.WFC 9.VWO 10.WELL
2016-06-30	213	$3.2B	32	1BND 2VTI 3VEA Top holdings2016-06-30 1.BND 2.VTI 3.VEA 4.VTR 5.O 6.PM 7.AEP 8.MO 9.WFC 10.JNJ
2016-03-31	216	$2.9B	29	1BND 2VTI 3PM Top holdings2016-03-31 1.BND 2.VTI 3.PM 4.VEA 5.AEP 6.VTR 7.O 8.MO 9.JNJ 10.AEP
2015-12-31	210	$2.5B	19	1VTI 2BND 3PM Top holdings2015-12-31 1.VTI 2.BND 3.PM 4.VEA 5.AEP 6.VTR 7.O 8.BOND 9.SMHC 10.MO
2015-09-30	211	$2.4B	28	1VTI 2BND 3VEA Top holdings2015-09-30 1.VTI 2.BND 3.VEA 4.PM 5.AEP 6.BOND 7.SMHC 8.O 9.STPZ 10.MO
2015-06-30	210	$2.3B	18	1VTI 2BND 3VEA Top holdings2015-06-30 1.VTI 2.BND 3.VEA 4.PM 5.AEP 6.STPZ 7.VWO 8.SMHC 9.DWX 10.O
2015-03-31	207	$2.3B	24	1VTI 2BND 3VEA Top holdings2015-03-31 1.VTI 2.BND 3.VEA 4.PM 5.AEP 6.STPZ 7.VWO 8.DWX 9.SMHC 10.O
2014-12-31	215	$2.1B	18	1VTI 2BND 3VEA Top holdings2014-12-31 1.VTI 2.BND 3.VEA 4.PM 5.STPZ 6.DWX 7.VWO 8.847560 9.EXC 10.ELD
2014-09-30	214	$1.9B	21	1VTI 2BND 3VEA Top holdings2014-09-30 1.VTI 2.BND 3.VEA 4.PM 5.STPZ 6.DWX 7.VWO 8.QCLN 9.EXC 10.847560
2014-06-30	204	$1.7B	21	1VTI 2BND 3VEA Top holdings2014-06-30 1.VTI 2.BND 3.VEA 4.PM 5.STPZ 6.BOND 7.VWO 8.EXC 9.847560 10.DFJ
2014-03-31	197	$1.5B	27	1VTI 2BND 3VEA Top holdings2014-03-31 1.VTI 2.BND 3.VEA 4.STPZ 5.EXC 6.PM 7.BOND 8.847560 9.VWO 10.DFJ
2013-12-31	201	$1.3B	22	1VTI 2BND 3VEA Top holdings2013-12-31 1.VTI 2.BND 3.VEA 4.STPZ 5.BOND 6.VWO 7.PM 8.DFJ 9.EXC 10.ELD
2013-09-30	194	$1.1B	30	1VTI 2BND 3VEA Top holdings2013-09-30 1.VTI 2.BND 3.VEA 4.STPZ 5.BOND 6.VWO 7.ELD 8.DFJ 9.EXC 10.JNJ
2013-06-30	192	$960.8M	0	1VTI 2BND 3VEA Top holdings2013-06-30 1.VTI 2.BND 3.VEA 4.BOND 5.ELD 6.STPZ 7.VWO 8.DFJ 9.XLV 10.JNJ

Holding changes this quarter

Position changes disclosed by Morningstar Investment Services LLC for the quarter ending 2025-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	VTI	Vanguard Total Stock Mkt ETF	—	NEW	New buy
2	BND	Vanguard Total Bond Market	—	NEW	New buy
3	VEA	Vanguard Ftse Developed ETF	—	NEW	New buy
4	VCRB	Vanguard Core Bond ETF	—	NEW	New buy
5	VGIT	Vanguard Intermediate-term T	—	NEW	New buy
6	VWO	Vanguard Ftse Emerging Marke	—	NEW	New buy
7	META	Meta Platforms Inc-class A	—	NEW	New buy
8	VMBS	Vanguard Mortgage-backed Sec	—	NEW	New buy
9	MSFT	Microsoft CORP	—	NEW	New buy
10	BKNG	Booking Holdings INC	—	NEW	New buy
11	BRK-B	Berkshire Hathaway Inc-cl B	—	NEW	New buy
12	SCHW	Schwab (charles) CORP	—	NEW	New buy
13	SPSM	Ss Spdr P S&p 600 Small Cap	—	NEW	New buy
14	PM	Philip Morris International	—	NEW	New buy
15	JPM	Jpmorgan Chase & Co	—	NEW	New buy
16	MOAT	Vaneck Morningstar Wide Moat	—	NEW	New buy
17	V	Visa Inc-class A Shares	—	NEW	New buy
18	AMZN	Amazon.com INC	—	NEW	New buy
19	ELV	Elevance Health INC	—	NEW	New buy
20	WFC	Wells Fargo & Co	—	NEW	New buy
21	KMX	Carmax INC	—	NEW	New buy
22	GOOGL	Alphabet Inc-cl A	—	NEW	New buy
23	CMCSA	Comcast Corp-class A	—	NEW	New buy
24	SBUX	Starbucks CORP	—	NEW	New buy
25	MA	Mastercard INC - A	—	NEW	New buy
26	BDX	Becton Dickinson And Co	—	NEW	New buy
27	BSV	Vanguard Short-term Bond ETF	—	NEW	New buy
28	TSM	Taiwan Semiconductor-sp Adr	—	NEW	New buy
29	USHY	Ishares Broad Usd High Yield	—	NEW	New buy
30	MDT	Medtronic plc	—	NEW	New buy
31	GOOG	Alphabet Inc-cl C	—	NEW	New buy
32	XOM	Exxon Mobil CORP	—	NEW	New buy
33	CHKP	Check Point Software Technologies Ltd.	—	NEW	New buy
34	APD	Air Products & Chemicals INC	—	NEW	New buy
35	IQV	Iqvia Holdings INC	—	NEW	New buy
36	VTEB	Vanguard Tax-exempt Bond ETF	—	NEW	New buy
37	SCHB	Schwab US Broad Market ETF	—	NEW	New buy
38	ENB	Enbridge INC	—	NEW	New buy
39	COR	Cencora INC	—	NEW	New buy
40	DIS	Walt Disney Co/the	—	NEW	New buy
41	FISV	Fiserv INC	—	NEW	New buy
42	ORCL	Oracle CORP	—	NEW	New buy
43	ETR	Entergy CORP	—	NEW	New buy
44	QCOM	Qualcomm INC	—	NEW	New buy
45	CRM	Salesforce INC	—	NEW	New buy
46	COP	Conocophillips	—	NEW	New buy
47	ADBE	Adobe INC	—	NEW	New buy
48	DEO	Diageo Plc-sponsored Adr	—	NEW	New buy
49	IXUS	Ishares Core Intl Stock ETF	—	NEW	New buy
50	UL	Unilever PLC	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2025-03-31	2025-05-05	13F-HR	View on EDGAR
2024-12-31	2025-02-12	13F-HR	View on EDGAR
2024-09-30	2024-11-07	13F-HR	View on EDGAR
2024-06-30	2024-08-13	13F-HR	View on EDGAR
2024-03-31	2024-05-15	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	2023-08-14	13F-HR	View on EDGAR
2023-03-31	2023-05-15	13F-HR	View on EDGAR
2022-12-31	2023-04-05	Amendment	View on EDGAR
2022-12-31	2023-02-10	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	2022-02-01	13F-HR	View on EDGAR
2021-09-30	2021-11-12	13F-HR	View on EDGAR
2021-06-30	2021-08-12	13F-HR	View on EDGAR
2021-03-31	2021-05-11	13F-HR	View on EDGAR
2020-12-31	2021-02-11	13F-HR	View on EDGAR
2020-09-30	2020-11-10	13F-HR	View on EDGAR
2020-06-30	2020-07-30	13F-HR	View on EDGAR
2020-03-31	2020-05-04	13F-HR	View on EDGAR
2019-12-31	2020-02-10	13F-HR	View on EDGAR
2019-09-30	2019-11-12	13F-HR	View on EDGAR
2019-06-30	2019-08-13	13F-HR	View on EDGAR
2019-03-31	2019-05-13	13F-HR	View on EDGAR
2018-12-31	2019-02-14	13F-HR	View on EDGAR
2018-09-30	2018-11-08	13F-HR	View on EDGAR
2018-06-30	2018-08-03	13F-HR	View on EDGAR
2018-03-31	2018-05-10	13F-HR	View on EDGAR
2017-12-31	2018-02-08	13F-HR	View on EDGAR
2017-09-30	2017-11-09	13F-HR	View on EDGAR
2017-06-30	2017-08-03	13F-HR	View on EDGAR
2017-03-31	2017-05-04	13F-HR	View on EDGAR
2016-12-31	2017-02-07	13F-HR	View on EDGAR
2016-09-30	2016-11-09	13F-HR	View on EDGAR
2016-06-30	2016-08-04	13F-HR	View on EDGAR
2016-03-31	2016-05-16	13F-HR	View on EDGAR
2015-12-31	2016-02-11	13F-HR	View on EDGAR
2015-09-30	2015-10-20	13F-HR	View on EDGAR
2015-06-30	2015-07-31	13F-HR	View on EDGAR
2015-03-31	2015-05-13	13F-HR	View on EDGAR
2014-12-31	2015-02-05	13F-HR	View on EDGAR
2014-09-30	2014-11-12	13F-HR	View on EDGAR
2014-06-30	2014-08-07	13F-HR	View on EDGAR
2014-03-31	2014-05-14	13F-HR	View on EDGAR
2013-12-31	2014-02-07	13F-HR	View on EDGAR
2013-09-30	2013-11-12	13F-HR	View on EDGAR
2013-06-30	2013-08-07	13F-HR	View on EDGAR