Define Financial

SAN DIEGO, CAfiles as DEFINE FINANCIAL, LLC

$218m in 47 US stocks at the end of 30 June 2026. The top 10 are 91.4% of the money. It changed about 2.6% of the portfolio this quarter.

Value

$218m

Stocks

Top 10 share

91.4%

Turnover

2.6%

What changed this quarter

New

Bought for the first time this quarter.

StrykerSYK
0.5% of the fund
BroadcomAVGO
0.2% of the fund
Meta PlatformsMETA
0.2% of the fund
Advanced Micro DevicesAMD
0.2% of the fund
International Business MachinesIBM
0.1% of the fund
Schwab Strategic TRSCHG
0.1% of the fund
US BancorpUSB
<0.1% of the fund
ETF SER SolutionsTRFM
<0.1% of the fund

Added

Bought more of a stock they already held.

American Centy ETF TRAVUV
15.1% of the fund
+6%
Vanguard Malvern FDSVTIP
14.9% of the fund
+14%
American Centy ETF TRAVDV
12.7% of the fund
+7%
Vanguard Index FDSVTI
12.7% of the fund
+3%
Vanguard Intl Equity Index FVEU
11.6% of the fund
+5%
Vanguard Index FDSVNQ
10.1% of the fund
+5%
Vanguard Intl Equity Index FVWO
5.9% of the fund
+3%
AppleAAPL
0.8% of the fund
+23%
MicrosoftMSFT
0.8% of the fund
+13%
NvidiaNVDA
0.5% of the fund
+37%
Amazon.comAMZN
0.4% of the fund
+39%
AlphabetGOOGL
0.3% of the fund
+109%
Costco WholesaleCOST
0.2% of the fund
+23%
VisaV
0.2% of the fund
+65%
TeslaTSLA
0.2% of the fund
+36%

Cut

Sold some of their stake.

Vanguard Index FDSVOO
0.2% of the fund
-2%
Ishares TRIVV
0.1% of the fund
-22%

Sold out

Sold their entire stake.

Ishares TRSHY
-100%
Lineage Cell TherapeuticsLCTX
-100%

Holdings

American Centy ETF TRAVUV
Share
15.1%
Value
$33m
Shares
263,037
+6%
Vanguard Malvern FDSVTIP
Share
14.9%
Value
$32m
Shares
644,675
+14%
American Centy ETF TRAVDV
Share
12.7%
Value
$28m
Shares
269,261
+7%
Vanguard Index FDSVTI
Share
12.7%
Value
$28m
Shares
74,719
+3%
Vanguard Intl Equity Index FVEU
Share
11.6%
Value
$25m
Shares
301,273
+5%
Vanguard Index FDSVNQ
Share
10.1%
Value
$22m
Shares
228,368
+5%
American Centy ETF TRAVEM
Share
6.8%
Value
$15m
Shares
154,063
Held
Vanguard Intl Equity Index FVWO
Share
5.9%
Value
$13m
Shares
215,803
+3%
AppleAAPL
Share
0.8%
Value
$2m
Shares
6,342
+23%
MicrosoftMSFT
Share
0.8%
Value
$2m
Shares
4,518
+13%
State STR Spdr S&P 500 ETF TSPY
Share
0.7%
Value
$1m
Shares
1,983
Held
NvidiaNVDA
Share
0.5%
Value
$1m
Shares
5,498
+37%
StrykerSYK
Share
0.5%
Value
$1m
Shares
3,393
New
Amazon.comAMZN
Share
0.4%
Value
$930,097
Shares
3,902
+39%
AlphabetGOOG
Share
0.4%
Value
$852,121
Shares
2,412
Held
Berkshire HathawayBRK-B
Share
0.4%
Value
$840,655
Shares
1,680
Held
Vanguard Index FDSVV
Share
0.4%
Value
$830,667
Shares
2,415
Held
AlphabetGOOGL
Share
0.3%
Value
$654,872
Shares
1,832
+109%
Dimensional ETF TrustDFSU
Share
0.3%
Value
$599,582
Shares
12,858
Held
AirbnbABNB
Share
0.3%
Value
$561,668
Shares
3,925
Held
Vanguard Index FDSVOO
Share
0.2%
Value
$535,363
Shares
779
-2%
Vanguard Index FDSVUG
Share
0.2%
Value
$487,134
Shares
5,655
Held
Costco WholesaleCOST
Share
0.2%
Value
$474,684
Shares
507
+23%
BroadcomAVGO
Share
0.2%
Value
$465,263
Shares
1,232
New
Motorola SolutionsMSI
Share
0.2%
Value
$449,875
Shares
1,083
Held
Proshares TRNOBL
Share
0.2%
Value
$446,735
Shares
7,955
Held
VisaV
Share
0.2%
Value
$443,021
Shares
1,291
+65%
Fidelity Covington TrustFHLC
Share
0.2%
Value
$438,755
Shares
5,680
Held
Vanguard World FDVGT
Share
0.2%
Value
$436,552
Shares
3,653
Held
TeslaTSLA
Share
0.2%
Value
$419,935
Shares
998
+36%
Dimensional ETF TrustDFSI
Share
0.2%
Value
$417,009
Shares
9,246
Held
Vanguard Index FDSVTV
Share
0.2%
Value
$386,713
Shares
1,774
Held
Meta PlatformsMETA
Share
0.2%
Value
$379,050
Shares
673
New
Advanced Micro DevicesAMD
Share
0.2%
Value
$371,617
Shares
640
New
SempraSRE
Share
0.2%
Value
$364,580
Shares
3,932
Held
Tetra TechTTEK
Share
0.2%
Value
$339,934
Shares
11,766
Held
QualcommQCOM
Share
0.1%
Value
$315,535
Shares
1,708
Held
CintasCTAS
Share
0.1%
Value
$305,179
Shares
1,794
Held
Ishares TRIVV
Share
0.1%
Value
$304,905
Shares
407
-22%
Fidelity Covington TrustFIDU
Share
0.1%
Value
$304,875
Shares
3,061
Held
Constellation BrandsSTZ
Share
0.1%
Value
$281,881
Shares
2,027
Held
International Business MachinesIBM
Share
0.1%
Value
$280,935
Shares
999
New
BNY Mellon ETF TrustBKLC
Share
0.1%
Value
$247,058
Shares
1,723
Held
Schwab Strategic TRSCHG
Share
0.1%
Value
$235,912
Shares
6,971
New
US BancorpUSB
Share
<0.1%
Value
$215,969
Shares
3,576
New
Select Sector Spdr TRXLU
Share
<0.1%
Value
$207,034
Shares
4,566
Held
ETF SER SolutionsTRFM
Share
<0.1%
Value
$202,523
Shares
3,206
New

Company	Share of fund	Value	Shares	Change
American Centy ETF TRAVUV	15.1%	$33m	263,037	+6%
Vanguard Malvern FDSVTIP	14.9%	$32m	644,675	+14%
American Centy ETF TRAVDV	12.7%	$28m	269,261	+7%
Vanguard Index FDSVTI	12.7%	$28m	74,719	+3%
Vanguard Intl Equity Index FVEU	11.6%	$25m	301,273	+5%
Vanguard Index FDSVNQ	10.1%	$22m	228,368	+5%
American Centy ETF TRAVEM	6.8%	$15m	154,063	Held
Vanguard Intl Equity Index FVWO	5.9%	$13m	215,803	+3%
AppleAAPL	0.8%	$2m	6,342	+23%
MicrosoftMSFT	0.8%	$2m	4,518	+13%
State STR Spdr S&P 500 ETF TSPY	0.7%	$1m	1,983	Held
NvidiaNVDA	0.5%	$1m	5,498	+37%
StrykerSYK	0.5%	$1m	3,393	New
Amazon.comAMZN	0.4%	$930,097	3,902	+39%
AlphabetGOOG	0.4%	$852,121	2,412	Held
Berkshire HathawayBRK-B	0.4%	$840,655	1,680	Held
Vanguard Index FDSVV	0.4%	$830,667	2,415	Held
AlphabetGOOGL	0.3%	$654,872	1,832	+109%
Dimensional ETF TrustDFSU	0.3%	$599,582	12,858	Held
AirbnbABNB	0.3%	$561,668	3,925	Held
Vanguard Index FDSVOO	0.2%	$535,363	779	-2%
Vanguard Index FDSVUG	0.2%	$487,134	5,655	Held
Costco WholesaleCOST	0.2%	$474,684	507	+23%
BroadcomAVGO	0.2%	$465,263	1,232	New
Motorola SolutionsMSI	0.2%	$449,875	1,083	Held
Proshares TRNOBL	0.2%	$446,735	7,955	Held
VisaV	0.2%	$443,021	1,291	+65%
Fidelity Covington TrustFHLC	0.2%	$438,755	5,680	Held
Vanguard World FDVGT	0.2%	$436,552	3,653	Held
TeslaTSLA	0.2%	$419,935	998	+36%
Dimensional ETF TrustDFSI	0.2%	$417,009	9,246	Held
Vanguard Index FDSVTV	0.2%	$386,713	1,774	Held
Meta PlatformsMETA	0.2%	$379,050	673	New
Advanced Micro DevicesAMD	0.2%	$371,617	640	New
SempraSRE	0.2%	$364,580	3,932	Held
Tetra TechTTEK	0.2%	$339,934	11,766	Held
QualcommQCOM	0.1%	$315,535	1,708	Held
CintasCTAS	0.1%	$305,179	1,794	Held
Ishares TRIVV	0.1%	$304,905	407	-22%
Fidelity Covington TrustFIDU	0.1%	$304,875	3,061	Held
Constellation BrandsSTZ	0.1%	$281,881	2,027	Held
International Business MachinesIBM	0.1%	$280,935	999	New
BNY Mellon ETF TrustBKLC	0.1%	$247,058	1,723	Held
Schwab Strategic TRSCHG	0.1%	$235,912	6,971	New
US BancorpUSB	<0.1%	$215,969	3,576	New
Select Sector Spdr TRXLU	<0.1%	$207,034	4,566	Held
ETF SER SolutionsTRFM	<0.1%	$202,523	3,206	New

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 43.5% since 30 June 2025.

Where the money is

Technology3.0%

Retail & consumer0.9%

Media & telecom0.9%

Financial services0.7%

Health care0.5%

Everyday goods0.3%

Industrials0.3%

Utilities0.2%

Other93.3%

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.