Asset Planning

KNOXVILLE, TNfiles as ASSET PLANNING CORPORATION

$211m in 48 US stocks at the end of 30 September 2025. The top 10 are 70.3% of the money. It changed about 4.3% of the portfolio this quarter.

Value

$211m

Stocks

Top 10 share

70.3%

Turnover

4.3%

What changed this quarter

New

Bought for the first time this quarter.

Vanguard Instl Index FDVBIL
2.6% of the fund
Sabine Royalty TrustSBR
0.2% of the fund
Bank of AmericaBAC
0.1% of the fund
Dimensional ETF TrustDFAT
0.1% of the fund
Vanguard Index FDSVUG
0.1% of the fund

Added

Bought more of a stock they already held.

Dimensional ETF TrustDFCF
13.7% of the fund
+4%
Dimensional ETF TrustDFAI
8.8% of the fund
+6%
Dimensional ETF TrustDUHP
8.5% of the fund
+3%
Vanguard Scottsdale FDSVCIT
6.3% of the fund
+20%
Schwab Strategic TRSCHO
3.4% of the fund
+11%
Dimensional ETF TrustDFAR
2.5% of the fund
+3%
Dimensional ETF TrustDFEM
1.2% of the fund
+24%
Vanguard Index FDSVTI
0.9% of the fund
+9%
MicrosoftMSFT
0.8% of the fund
+8%
AppleAAPL
0.8% of the fund
+7%
Vanguard Wellington FDVTES
0.2% of the fund
+142%
AmgenAMGN
0.1% of the fund
+13%

Cut

Sold some of their stake.

Dimensional ETF TrustDFUV
0.6% of the fund
-2%
Schwab Strategic TRFNDX
0.5% of the fund
-2%

Sold out

Sold their entire stake.

None this quarter.

Holdings

Dimensional ETF TrustDFCF
Share
13.7%
Value
$29m
Shares
675,275
+4%
Berkshire HathawayBRK-B
Share
10.0%
Value
$21m
Shares
41,838
Held
Dimensional ETF TrustDFAI
Share
8.8%
Value
$18m
Shares
507,510
+6%
Dimensional ETF TrustDUHP
Share
8.5%
Value
$18m
Shares
476,750
+3%
Vanguard Scottsdale FDSVCIT
Share
6.3%
Value
$13m
Shares
157,060
+20%
Vanguard Admiral FDSVIOV
Share
5.7%
Value
$12m
Shares
126,165
Held
Dimensional ETF TrustDFNM
Share
4.9%
Value
$10m
Shares
215,251
Held
Vanguard Index FDSVOO
Share
4.7%
Value
$10m
Shares
16,122
Held
Vanguard Admiral FDSIVOO
Share
4.1%
Value
$9m
Shares
77,674
Held
Vanguard Index FDSVTV
Share
3.7%
Value
$8m
Shares
41,780
Held
Vanguard Tax-Managed FDSVEA
Share
3.6%
Value
$8m
Shares
125,611
Held
Schwab Strategic TRSCHO
Share
3.4%
Value
$7m
Shares
294,018
+11%
Vanguard Index FDSVB
Share
2.7%
Value
$6m
Shares
22,101
Held
Vanguard Instl Index FDVBIL
Share
2.6%
Value
$5m
Shares
72,582
New
Ishares TRIVV
Share
2.6%
Value
$5m
Shares
8,053
Held
Dimensional ETF TrustDFAR
Share
2.5%
Value
$5m
Shares
223,428
+3%
Ishares TREFA
Share
1.5%
Value
$3m
Shares
32,864
Held
Dimensional ETF TrustDFEM
Share
1.2%
Value
$3m
Shares
78,054
+24%
Vanguard Index FDSVTI
Share
0.9%
Value
$2m
Shares
5,897
+9%
Realty IncomeO
Share
0.9%
Value
$2m
Shares
30,467
Held
MicrosoftMSFT
Share
0.8%
Value
$2m
Shares
3,421
+8%
AppleAAPL
Share
0.8%
Value
$2m
Shares
6,458
+7%
State STR Spdr S&P 500 ETF TSPY
Share
0.7%
Value
$1m
Shares
2,199
Held
Dimensional ETF TrustDFUV
Share
0.6%
Value
$1m
Shares
28,520
-2%
Spdr Series TrustSLYV
Share
0.6%
Value
$1m
Shares
14,044
Held
Schwab Strategic TRFNDX
Share
0.5%
Value
$1m
Shares
43,112
-2%
ExxonMobil HoldingsXOM
Share
0.4%
Value
$869,803
Shares
7,714
Held
NvidiaNVDA
Share
0.3%
Value
$601,271
Shares
3,223
Held
Vanguard Wellington FDVTES
Share
0.2%
Value
$525,372
Shares
5,154
+142%
Southern CompanySO
Share
0.2%
Value
$510,810
Shares
5,390
Held
Sabine Royalty TrustSBR
Share
0.2%
Value
$475,270
Shares
5,982
New
Procter & GamblePG
Share
0.2%
Value
$474,779
Shares
3,090
Held
Invesco QQQ TRQQQ
Share
0.2%
Value
$462,139
Shares
770
Held
Home DepotHD
Share
0.2%
Value
$391,414
Shares
966
Held
State STR Spdr S&P Midcap 40MDY
Share
0.2%
Value
$378,967
Shares
636
Held
Coca-ColaKO
Share
0.2%
Value
$351,496
Shares
5,300
Held
Dimensional ETF TrustDFAS
Share
0.2%
Value
$347,024
Shares
5,069
Held
Lockheed MartinLMT
Share
0.1%
Value
$305,517
Shares
612
Held
Dimensional ETF TrustDFSI
Share
0.1%
Value
$303,038
Shares
7,400
Held
Bank of AmericaBAC
Share
0.1%
Value
$288,904
Shares
5,600
New
IsharesACWV
Share
0.1%
Value
$284,450
Shares
2,372
Held
Norfolk SouthernNSC
Share
0.1%
Value
$265,562
Shares
884
Held
Dimensional ETF TrustDFAT
Share
0.1%
Value
$253,920
Shares
4,362
New
Global X FDSCATH
Share
0.1%
Value
$243,176
Shares
3,000
Held
AmgenAMGN
Share
0.1%
Value
$242,128
Shares
858
+13%
WalmartWMT
Share
0.1%
Value
$234,049
Shares
2,271
Held
Wisdomtree TRAIVI
Share
0.1%
Value
$233,138
Shares
4,697
Held
Vanguard Index FDSVUG
Share
0.1%
Value
$215,101
Shares
448
New

Company	Share of fund	Value	Shares	Change
Dimensional ETF TrustDFCF	13.7%	$29m	675,275	+4%
Berkshire HathawayBRK-B	10.0%	$21m	41,838	Held
Dimensional ETF TrustDFAI	8.8%	$18m	507,510	+6%
Dimensional ETF TrustDUHP	8.5%	$18m	476,750	+3%
Vanguard Scottsdale FDSVCIT	6.3%	$13m	157,060	+20%
Vanguard Admiral FDSVIOV	5.7%	$12m	126,165	Held
Dimensional ETF TrustDFNM	4.9%	$10m	215,251	Held
Vanguard Index FDSVOO	4.7%	$10m	16,122	Held
Vanguard Admiral FDSIVOO	4.1%	$9m	77,674	Held
Vanguard Index FDSVTV	3.7%	$8m	41,780	Held
Vanguard Tax-Managed FDSVEA	3.6%	$8m	125,611	Held
Schwab Strategic TRSCHO	3.4%	$7m	294,018	+11%
Vanguard Index FDSVB	2.7%	$6m	22,101	Held
Vanguard Instl Index FDVBIL	2.6%	$5m	72,582	New
Ishares TRIVV	2.6%	$5m	8,053	Held
Dimensional ETF TrustDFAR	2.5%	$5m	223,428	+3%
Ishares TREFA	1.5%	$3m	32,864	Held
Dimensional ETF TrustDFEM	1.2%	$3m	78,054	+24%
Vanguard Index FDSVTI	0.9%	$2m	5,897	+9%
Realty IncomeO	0.9%	$2m	30,467	Held
MicrosoftMSFT	0.8%	$2m	3,421	+8%
AppleAAPL	0.8%	$2m	6,458	+7%
State STR Spdr S&P 500 ETF TSPY	0.7%	$1m	2,199	Held
Dimensional ETF TrustDFUV	0.6%	$1m	28,520	-2%
Spdr Series TrustSLYV	0.6%	$1m	14,044	Held
Schwab Strategic TRFNDX	0.5%	$1m	43,112	-2%
ExxonMobil HoldingsXOM	0.4%	$869,803	7,714	Held
NvidiaNVDA	0.3%	$601,271	3,223	Held
Vanguard Wellington FDVTES	0.2%	$525,372	5,154	+142%
Southern CompanySO	0.2%	$510,810	5,390	Held
Sabine Royalty TrustSBR	0.2%	$475,270	5,982	New
Procter & GamblePG	0.2%	$474,779	3,090	Held
Invesco QQQ TRQQQ	0.2%	$462,139	770	Held
Home DepotHD	0.2%	$391,414	966	Held
State STR Spdr S&P Midcap 40MDY	0.2%	$378,967	636	Held
Coca-ColaKO	0.2%	$351,496	5,300	Held
Dimensional ETF TrustDFAS	0.2%	$347,024	5,069	Held
Lockheed MartinLMT	0.1%	$305,517	612	Held
Dimensional ETF TrustDFSI	0.1%	$303,038	7,400	Held
Bank of AmericaBAC	0.1%	$288,904	5,600	New
IsharesACWV	0.1%	$284,450	2,372	Held
Norfolk SouthernNSC	0.1%	$265,562	884	Held
Dimensional ETF TrustDFAT	0.1%	$253,920	4,362	New
Global X FDSCATH	0.1%	$243,176	3,000	Held
AmgenAMGN	0.1%	$242,128	858	+13%
WalmartWMT	0.1%	$234,049	2,271	Held
Wisdomtree TRAIVI	0.1%	$233,138	4,697	Held
Vanguard Index FDSVUG	0.1%	$215,101	448	New

Over time and by industry

Value over time

Sep '25

Value is up 12.2% since 30 June 2025.

Where the money is

Financial services10.3%

Technology1.9%

Real estate0.9%

Everyday goods0.5%

Energy0.4%

Industrials0.3%

Utilities0.2%

Retail & consumer0.2%

Health care0.1%

Other85.1%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.