Dixon Fnancial Services

LAFAYETTE, CAfiles as DIXON FNANCIAL SERVICES, INC.

$247m in 48 US stocks at the end of 30 June 2026. The top 10 are 89.2% of the money. It changed about 3.3% of the portfolio this quarter.

Value

$247m

Stocks

Top 10 share

89.2%

Turnover

3.3%

What changed this quarter

New

Bought for the first time this quarter.

Seagate Technology HoldingsSTX
0.1% of the fund
Ishares TRARTY
<0.1% of the fund
Dimensional ETF TrustDFSU
<0.1% of the fund
Dimensional ETF TrustDFIS
<0.1% of the fund

Added

Bought more of a stock they already held.

AppleAAPL
3.3% of the fund
+4%
Dimensional ETF TrustDFSD
0.3% of the fund
+29%
Dimensional ETF TrustDFLV
0.1% of the fund
+33%
Dimensional ETF TrustDIHP
0.1% of the fund
+35%
Dimensional ETF TrustDUHP
0.1% of the fund
+35%
Meta PlatformsMETA
0.1% of the fund
+4%

Cut

Sold some of their stake.

MicrosoftMSFT
1.0% of the fund
-16%
Micron TechnologyMU
0.8% of the fund
-27%
AlphabetGOOGL
0.7% of the fund
-12%
NvidiaNVDA
0.5% of the fund
-4%
AirbnbABNB
0.3% of the fund
-25%
Invesco QQQ TRQQQ
0.2% of the fund
-3%

Sold out

Sold their entire stake.

None this quarter.

Holdings

Dimensional ETF TrustDFIV
Share
27.0%
Value
$67m
Shares
1,233,662
Held
Dimensional ETF TrustDFAS
Share
18.5%
Value
$46m
Shares
553,678
Held
Dimensional ETF TrustDFUV
Share
16.6%
Value
$41m
Shares
745,784
Held
Dimensional ETF TrustDFUS
Share
14.2%
Value
$35m
Shares
429,043
Held
Ishares TRIWF
Share
3.3%
Value
$8m
Shares
65,144
Held
AppleAAPL
Share
3.3%
Value
$8m
Shares
27,805
+4%
Amazon.comAMZN
Share
1.9%
Value
$5m
Shares
19,569
Held
Ishares TRIWD
Share
1.9%
Value
$5m
Shares
18,930
Held
Berkshire Hathaway INC DELBRK-A
Share
1.5%
Value
$4m
Shares
5
Held
MicrosoftMSFT
Share
1.0%
Value
$3m
Shares
6,906
-16%
Micron TechnologyMU
Share
0.8%
Value
$2m
Shares
1,669
-27%
American Centy ETF TRAVIV
Share
0.7%
Value
$2m
Shares
21,740
Held
American Centy ETF TRAVLV
Share
0.7%
Value
$2m
Shares
17,964
Held
American Centy ETF TRAVSC
Share
0.7%
Value
$2m
Shares
22,286
Held
AlphabetGOOGL
Share
0.7%
Value
$2m
Shares
4,518
-12%
PrimericaPRI
Share
0.6%
Value
$1m
Shares
4,857
Held
NvidiaNVDA
Share
0.5%
Value
$1m
Shares
6,226
-4%
American Centy ETF TRAVDS
Share
0.4%
Value
$1m
Shares
14,540
Held
American Centy ETF TRAVLC
Share
0.4%
Value
$1m
Shares
11,933
Held
ChevronCVX
Share
0.4%
Value
$995,130
Shares
6,003
Held
American Centy ETF TRAVEM
Share
0.4%
Value
$955,990
Shares
9,908
Held
Applied MaterialsAMAT
Share
0.4%
Value
$898,689
Shares
1,243
Held
AlphabetGOOG
Share
0.3%
Value
$842,907
Shares
2,386
Held
JPMorgan ChaseJPM
Share
0.3%
Value
$835,673
Shares
2,553
Held
Dimensional ETF TrustDFSD
Share
0.3%
Value
$777,275
Shares
16,278
+29%
AirbnbABNB
Share
0.3%
Value
$660,693
Shares
4,617
-25%
Invesco QQQ TRQQQ
Share
0.2%
Value
$614,158
Shares
834
-3%
Dimensional ETF TrustDFAU
Share
0.2%
Value
$563,663
Shares
10,905
Held
AmgenAMGN
Share
0.2%
Value
$487,414
Shares
1,346
Held
BroadcomAVGO
Share
0.2%
Value
$430,635
Shares
1,140
Held
Dimensional ETF TrustDFAI
Share
0.2%
Value
$405,469
Shares
9,830
Held
MckessonMCK
Share
0.2%
Value
$395,179
Shares
523
Held
Dimensional ETF TrustDFAC
Share
0.2%
Value
$387,081
Shares
8,726
Held
Dimensional ETF TrustDFLV
Share
0.1%
Value
$358,509
Shares
9,067
+33%
Seagate Technology HoldingsSTX
Share
0.1%
Value
$358,015
Shares
371
New
Norfolk SouthernNSC
Share
0.1%
Value
$346,049
Shares
1,100
Held
Dimensional ETF TrustDIHP
Share
0.1%
Value
$333,333
Shares
9,768
+35%
Dimensional ETF TrustDUHP
Share
0.1%
Value
$314,895
Shares
7,546
+35%
Berkshire HathawayBRK-B
Share
0.1%
Value
$310,242
Shares
620
Held
Meta PlatformsMETA
Share
0.1%
Value
$299,352
Shares
531
+4%
Wisdomtree TRDLN
Share
0.1%
Value
$280,967
Shares
2,917
Held
General ElectricGE
Share
0.1%
Value
$270,954
Shares
725
Held
Walt DisneyDIS
Share
0.1%
Value
$253,426
Shares
2,633
Held
OracleORCL
Share
<0.1%
Value
$230,963
Shares
1,576
Held
Ishares TRARTY
Share
<0.1%
Value
$221,626
Shares
2,910
New
Dimensional ETF TrustDFSU
Share
<0.1%
Value
$221,166
Shares
4,743
New
SempraSRE
Share
<0.1%
Value
$216,200
Shares
2,332
Held
Dimensional ETF TrustDFIS
Share
<0.1%
Value
$212,632
Shares
6,070
New

Company	Share of fund	Value	Shares	Change
Dimensional ETF TrustDFIV	27.0%	$67m	1,233,662	Held
Dimensional ETF TrustDFAS	18.5%	$46m	553,678	Held
Dimensional ETF TrustDFUV	16.6%	$41m	745,784	Held
Dimensional ETF TrustDFUS	14.2%	$35m	429,043	Held
Ishares TRIWF	3.3%	$8m	65,144	Held
AppleAAPL	3.3%	$8m	27,805	+4%
Amazon.comAMZN	1.9%	$5m	19,569	Held
Ishares TRIWD	1.9%	$5m	18,930	Held
Berkshire Hathaway INC DELBRK-A	1.5%	$4m	5	Held
MicrosoftMSFT	1.0%	$3m	6,906	-16%
Micron TechnologyMU	0.8%	$2m	1,669	-27%
American Centy ETF TRAVIV	0.7%	$2m	21,740	Held
American Centy ETF TRAVLV	0.7%	$2m	17,964	Held
American Centy ETF TRAVSC	0.7%	$2m	22,286	Held
AlphabetGOOGL	0.7%	$2m	4,518	-12%
PrimericaPRI	0.6%	$1m	4,857	Held
NvidiaNVDA	0.5%	$1m	6,226	-4%
American Centy ETF TRAVDS	0.4%	$1m	14,540	Held
American Centy ETF TRAVLC	0.4%	$1m	11,933	Held
ChevronCVX	0.4%	$995,130	6,003	Held
American Centy ETF TRAVEM	0.4%	$955,990	9,908	Held
Applied MaterialsAMAT	0.4%	$898,689	1,243	Held
AlphabetGOOG	0.3%	$842,907	2,386	Held
JPMorgan ChaseJPM	0.3%	$835,673	2,553	Held
Dimensional ETF TrustDFSD	0.3%	$777,275	16,278	+29%
AirbnbABNB	0.3%	$660,693	4,617	-25%
Invesco QQQ TRQQQ	0.2%	$614,158	834	-3%
Dimensional ETF TrustDFAU	0.2%	$563,663	10,905	Held
AmgenAMGN	0.2%	$487,414	1,346	Held
BroadcomAVGO	0.2%	$430,635	1,140	Held
Dimensional ETF TrustDFAI	0.2%	$405,469	9,830	Held
MckessonMCK	0.2%	$395,179	523	Held
Dimensional ETF TrustDFAC	0.2%	$387,081	8,726	Held
Dimensional ETF TrustDFLV	0.1%	$358,509	9,067	+33%
Seagate Technology HoldingsSTX	0.1%	$358,015	371	New
Norfolk SouthernNSC	0.1%	$346,049	1,100	Held
Dimensional ETF TrustDIHP	0.1%	$333,333	9,768	+35%
Dimensional ETF TrustDUHP	0.1%	$314,895	7,546	+35%
Berkshire HathawayBRK-B	0.1%	$310,242	620	Held
Meta PlatformsMETA	0.1%	$299,352	531	+4%
Wisdomtree TRDLN	0.1%	$280,967	2,917	Held
General ElectricGE	0.1%	$270,954	725	Held
Walt DisneyDIS	0.1%	$253,426	2,633	Held
OracleORCL	<0.1%	$230,963	1,576	Held
Ishares TRARTY	<0.1%	$221,626	2,910	New
Dimensional ETF TrustDFSU	<0.1%	$221,166	4,743	New
SempraSRE	<0.1%	$216,200	2,332	Held
Dimensional ETF TrustDFIS	<0.1%	$212,632	6,070	New

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 24.7% since 30 June 2025.

Where the money is

Technology6.4%

Retail & consumer2.2%

Media & telecom1.2%

Financial services1.0%

Energy0.4%

Health care0.4%

Industrials0.2%

Utilities0.1%

Other88.1%

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.