PF

Phillips Financial Management, LLC

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%.

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Personality snowflake

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

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

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1IVVIshares Core S&p 500 ETFETF-Large Cap & Growth10.53%-0.62%-11.97%
2DFCFDimensional Core Fixed INCETF-Other7.74%+0.50%-4.24%
3DFICDimensional International CoETF-Other6.73%+0.40%-8.44%
4DFSDDimensional Short DurationETF-Other5.95%+0.49%-2.97%
5DFLVDim US Large Cap Value ETFETF-Large Cap & Growth3.66%—-3.61%
6DFATDimensional US Target ValueETF-Other3.43%—-6.12%
7DUHPDimensional US High Profi EtETF-Other3.33%+0.03%-7.26%
8DFEMDimensional Emrg Mrkt CoreETF-Other2.78%+0.20%-8.57%
9VXUSVanguard Total Intl StockETF-Other2.72%-0.02%-13.86%
10IJHIshares Core S&p Midcap ETFETF-Other2.70%-0.46%-25.81%
11VOOVanguard S&p 500 ETFETF-Large Cap & Growth2.65%-0.12%-10.82%
12DFASDimensional US Small Cap ETFETF-Small Cap2.24%+0.15%-6.66%
13IVEIshares S&p 500 Value ETFETF-Large Cap & Growth2.13%-0.29%-21.41%
14DFACDimensional US Core Equity 2ETF-Other2.03%+0.14%-2.83%
15IXUSIshares Core Intl Stock ETFETF-Other2.00%-0.60%-33.06%
16BNDXVanguard Total Intl Bond ETFETF-Other1.98%-0.03%-11.75%
17DUSBDimension Ultrashort Fi ETFETF-Other1.89%+0.41%+13.33%
18VOVanguard Mid-cap ETFETF-Other1.86%-0.03%-11.57%
19LRGFIshares US Equity Factor ETFETF-Other1.37%-0.02%-7.71%
20AGGIshares Core U.s. AggregateETF-Other1.34%-0.21%-22.82%
21USHYIshares Broad Usd High YieldETF-High Yield1.32%-0.07%-13.98%
22VOOVVanguard S&p 500 Value ETFETF-Large Cap & Growth1.24%-0.05%-14.10%
23DFARDimensional US Real Est ETFETF-Other1.19%—-7.31%
24VBRVanguard Small-cap Value ETFETF-Other0.89%-0.04%-16.51%
25BNDVanguard Total Bond MarketETF-Other0.88%-0.11%-20.77%
26IJSIshares S&p Small-cap 600 VaETF-Other0.72%-0.11%-26.49%
27DFIVDimensional International VaETF-Other0.71%—-1.23%
28VTIVanguard Total Stock Mkt ETFETF-Other0.66%—+3.97%
29VCITVanguard Int-term CorporateETF-Corp Bonds0.65%—-10.36%
30JPMJpmorgan Chase & CoStock-Financials0.65%+0.02%+0.09%
31SPYSs Spdr S&p 500 ETF Trust-usETF-Large Cap & Growth0.63%+0.02%-3.66%
32MGCVanguard Mega Cap ETFETF-Other0.61%-0.10%-17.70%
33IAGGIshares Intl Aggregate BondETF-Other0.59%-0.13%-27.03%
34INTFIshares International EquityETF-Other0.57%+0.01%-13.04%
35VEUVanguard Ftse All-world Ex-uETF-Other0.54%-0.01%-14.50%
36VTVVanguard Value ETFETF-Other0.53%+0.01%-11.96%
37VNQVanguard Real Estate ETFETF-Other0.53%-0.10%-24.75%
38USRTIshares Core US Reit ETFETF-Other0.52%-0.08%-25.73%
39BIVVanguard Intermediate-term BETF-Other0.49%-0.10%-25.20%
40SCHXSchwab US Large-cap ETFETF-Other0.47%—-4.42%
41MGVVanguard Mega Cap Value ETFETF-Other0.46%-0.03%-19.66%
42DFSVDimensional US Small Cap ValETF-Small Cap0.45%—-1.72%
43ISTBIshares Core 1-5 Year Usd BoETF-Other0.45%-0.09%-26.09%
44BSVVanguard Short-term Bond ETFETF-Other0.44%-0.08%-23.68%
45DFAXDimensional World Ex US CoreETF-Other0.44%—-0.75%
46AAPLApple INCStock-Tech0.40%—-5.72%
47EFAIshares Msci Eafe ETFETF-Other0.38%-0.07%-26.31%
48SCHZSchwab US Aggregate Bond ETFETF-Other0.32%—-4.49%
49GNRState Street Spdr S&p GlobalETF-Other0.30%—-8.89%
50NVDANvidia CORPStock-Tech0.30%—-1.70%
1–50 of 283

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
#TickerIssuerWeight ChangeShares ChangeAction
1DFCFDimensional Core Fixed INC+0.5%-4.24%Trim
2DFSDDimensional Short Duration+0.5%-2.97%Trim
3DUSBDimension Ultrashort Fi ETF+0.4%+13.33%Add
4DFICDimensional International Co+0.4%-8.44%Trim
5DFEMDimensional Emrg Mrkt Core+0.2%-8.57%Trim
6DFASDimensional US Small Cap ETF+0.2%-6.66%Trim
7DFACDimensional US Core Equity 2+0.1%-2.83%Trim
8DUHPDimensional US High Profi Et0%-7.26%Trim
9JPMJpmorgan Chase & Co0%+0.09%Add
10SPYSs Spdr S&p 500 ETF Trust-us0%-3.66%Trim
11INTFIshares International Equity0%-13.04%Trim
12VTVVanguard Value ETF0%-11.96%Trim
13VCITVanguard Int-term Corporate—-10.36%Trim
14VEUVanguard Ftse All-world Ex-u0%-14.50%Trim
15VXUSVanguard Total Intl Stock0%-13.86%Trim
16LRGFIshares US Equity Factor ETF0%-7.71%Trim
17VTIPVanguard Short-term Tips0%-19.71%Trim
18SUBIshares Short-term National0%-18.49%Trim
19ICSHIshares Ultra Short Duration0%-18.38%Trim
20BNDXVanguard Total Intl Bond ETF0%-11.75%Trim
21VOVanguard Mid-cap ETF0%-11.57%Trim
22MGVVanguard Mega Cap Value ETF0%-19.66%Trim
23IJRIshares Core S&p Small-cap E0%-23.34%Trim
24IWRIshares Russell Mid-cap ETF0%-20.04%Trim
25LLYEli Lilly & Co0%-9.52%Trim
26VBRVanguard Small-cap Value ETF0%-16.51%Trim
27RWRSs Spdr Dow Jones Reit ETF0%-41.00%Trim
28VOOVVanguard S&p 500 Value ETF-0.1%-14.10%Trim
29MSFTMicrosoft CORP-0.1%-6.83%Trim
30VVVanguard Large-cap ETF-0.1%-24.76%Trim
31TIPIshares Tips Bond ETF-0.1%-29.82%Trim
32IGIBIshares 5-10y Inv Grade CORP-0.1%-42.18%Trim
33USHYIshares Broad Usd High Yield-0.1%-13.98%Trim
34EFAIshares Msci Eafe ETF-0.1%-26.31%Trim
35USRTIshares Core US Reit ETF-0.1%-25.73%Trim
36BSVVanguard Short-term Bond ETF-0.1%-23.68%Trim
37ISTBIshares Core 1-5 Year Usd Bo-0.1%-26.09%Trim
38MGCVanguard Mega Cap ETF-0.1%-17.70%Trim
39BIVVanguard Intermediate-term B-0.1%-25.20%Trim
40VNQVanguard Real Estate ETF-0.1%-24.75%Trim
41BNDVanguard Total Bond Market-0.1%-20.77%Trim
42IJSIshares S&p Small-cap 600 Va-0.1%-26.49%Trim
43MUBIshares National Muni Bond E-0.1%-36.00%Trim
44VOOVanguard S&p 500 ETF-0.1%-10.82%Trim
45IAGGIshares Intl Aggregate Bond-0.1%-27.03%Trim
46AGGIshares Core U.s. Aggregate-0.2%-22.82%Trim
47IVEIshares S&p 500 Value ETF-0.3%-21.41%Trim
48IJHIshares Core S&p Midcap ETF-0.5%-25.81%Trim
49IXUSIshares Core Intl Stock ETF-0.6%-33.06%Trim
50IVVIshares Core S&p 500 ETF-0.6%-11.97%Trim

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%

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