Grunden Financial Advisory

DENTON, TXfiles as Grunden Financial Advisory, Inc.

$256m in 35 US stocks at the end of 31 December 2025. The top 10 are 90.0% of the money. It changed about 2.3% of the portfolio this quarter.

Value

$256m

Stocks

Top 10 share

90.0%

Turnover

2.3%

What changed this quarter

New

Bought for the first time this quarter.

Invesco QQQ TRQQQ
0.3% of the fund
Capital One FinancialCOF
<0.1% of the fund
Vanguard Index FDSVTI
<0.1% of the fund
IntuitINTU
<0.1% of the fund

Added

Bought more of a stock they already held.

Dimensional ETF TrustDFCF
13.9% of the fund
+2%
Dimensional ETF TrustDFSV
6.0% of the fund
+3%
Dimensional ETF TrustDIHP
5.1% of the fund
+4%
Dimensional ETF TrustDFUS
3.0% of the fund
+31%
Dimensional ETF TrustDFAS
1.8% of the fund
+25%
Dimensional ETF TrustDFIC
1.6% of the fund
+6%
Dimensional ETF TrustDISV
1.3% of the fund
+3%
Dimensional ETF TrustDFEM
0.5% of the fund
+9%
Dimensional ETF TrustDFEV
0.5% of the fund
+14%
Dimensional ETF TrustDFGR
0.1% of the fund
+3%

Cut

Sold some of their stake.

Dimensional ETF TrustDFAC
21.4% of the fund
-2%
AppleAAPL
0.3% of the fund
-25%
AlphabetGOOGL
0.1% of the fund
-4%
WalmartWMT
<0.1% of the fund
-2%
MicrosoftMSFT
<0.1% of the fund
-28%
NvidiaNVDA
<0.1% of the fund
-24%

Sold out

Sold their entire stake.

None this quarter.

Holdings

Dimensional ETF TrustDFAC
Share
21.4%
Value
$55m
Shares
1,380,842
-2%
Dimensional ETF TrustDUHP
Share
14.7%
Value
$38m
Shares
986,709
Held
Dimensional ETF TrustDFCF
Share
13.9%
Value
$35m
Shares
834,031
+2%
Dimensional ETF TrustDFSD
Share
9.6%
Value
$25m
Shares
514,517
Held
Dimensional ETF TrustDFUV
Share
7.2%
Value
$19m
Shares
397,270
Held
Dimensional ETF TrustDFAX
Share
6.8%
Value
$17m
Shares
531,680
Held
Dimensional ETF TrustDFSV
Share
6.0%
Value
$15m
Shares
464,053
+3%
Dimensional ETF TrustDIHP
Share
5.1%
Value
$13m
Shares
410,432
+4%
Dimensional ETF TrustDFUS
Share
3.0%
Value
$8m
Shares
104,887
+31%
Texas InstrumentsTXN
Share
2.3%
Value
$6m
Shares
34,515
Held
Dimensional ETF TrustDFAS
Share
1.8%
Value
$5m
Shares
65,786
+25%
Dimensional ETF TrustDFIC
Share
1.6%
Value
$4m
Shares
119,769
+6%
Dimensional ETF TrustDISV
Share
1.3%
Value
$3m
Shares
90,463
+3%
Dimensional ETF TrustDFAI
Share
1.2%
Value
$3m
Shares
80,668
Held
Dimensional ETF TrustDFAE
Share
0.5%
Value
$1m
Shares
43,218
Held
Dimensional ETF TrustDFEM
Share
0.5%
Value
$1m
Shares
41,193
+9%
Dimensional ETF TrustDFEV
Share
0.5%
Value
$1m
Shares
38,410
+14%
AppleAAPL
Share
0.3%
Value
$868,419
Shares
3,194
-25%
Invesco QQQ TRQQQ
Share
0.3%
Value
$769,730
Shares
1,253
New
Dimensional ETF TrustDFNM
Share
0.2%
Value
$606,001
Shares
12,580
Held
PaccarPCAR
Share
0.2%
Value
$467,437
Shares
4,268
Held
Vanguard Index FDSVO
Share
0.1%
Value
$348,264
Shares
1,200
Held
AlphabetGOOGL
Share
0.1%
Value
$348,056
Shares
1,112
-4%
Idexx LaboratoriesIDXX
Share
0.1%
Value
$321,352
Shares
475
Held
Morgan StanleyMS
Share
0.1%
Value
$308,902
Shares
1,740
Held
Dimensional ETF TrustDFGR
Share
0.1%
Value
$304,766
Shares
11,535
+3%
TeslaTSLA
Share
0.1%
Value
$281,075
Shares
625
Held
WalmartWMT
Share
<0.1%
Value
$252,455
Shares
2,266
-2%
Cigna GroupCI
Share
<0.1%
Value
$235,509
Shares
856
Held
Capital One FinancialCOF
Share
<0.1%
Value
$214,731
Shares
886
New
MicrosoftMSFT
Share
<0.1%
Value
$213,475
Shares
442
-28%
Thomson Reuters
Share
<0.1%
Value
$208,650
Shares
1,582
Held
Vanguard Index FDSVTI
Share
<0.1%
Value
$204,376
Shares
610
New
IntuitINTU
Share
<0.1%
Value
$204,025
Shares
308
New
NvidiaNVDA
Share
<0.1%
Value
$200,488
Shares
1,075
-24%

Company	Share of fund	Value	Shares	Change
Dimensional ETF TrustDFAC	21.4%	$55m	1,380,842	-2%
Dimensional ETF TrustDUHP	14.7%	$38m	986,709	Held
Dimensional ETF TrustDFCF	13.9%	$35m	834,031	+2%
Dimensional ETF TrustDFSD	9.6%	$25m	514,517	Held
Dimensional ETF TrustDFUV	7.2%	$19m	397,270	Held
Dimensional ETF TrustDFAX	6.8%	$17m	531,680	Held
Dimensional ETF TrustDFSV	6.0%	$15m	464,053	+3%
Dimensional ETF TrustDIHP	5.1%	$13m	410,432	+4%
Dimensional ETF TrustDFUS	3.0%	$8m	104,887	+31%
Texas InstrumentsTXN	2.3%	$6m	34,515	Held
Dimensional ETF TrustDFAS	1.8%	$5m	65,786	+25%
Dimensional ETF TrustDFIC	1.6%	$4m	119,769	+6%
Dimensional ETF TrustDISV	1.3%	$3m	90,463	+3%
Dimensional ETF TrustDFAI	1.2%	$3m	80,668	Held
Dimensional ETF TrustDFAE	0.5%	$1m	43,218	Held
Dimensional ETF TrustDFEM	0.5%	$1m	41,193	+9%
Dimensional ETF TrustDFEV	0.5%	$1m	38,410	+14%
AppleAAPL	0.3%	$868,419	3,194	-25%
Invesco QQQ TRQQQ	0.3%	$769,730	1,253	New
Dimensional ETF TrustDFNM	0.2%	$606,001	12,580	Held
PaccarPCAR	0.2%	$467,437	4,268	Held
Vanguard Index FDSVO	0.1%	$348,264	1,200	Held
AlphabetGOOGL	0.1%	$348,056	1,112	-4%
Idexx LaboratoriesIDXX	0.1%	$321,352	475	Held
Morgan StanleyMS	0.1%	$308,902	1,740	Held
Dimensional ETF TrustDFGR	0.1%	$304,766	11,535	+3%
TeslaTSLA	0.1%	$281,075	625	Held
WalmartWMT	<0.1%	$252,455	2,266	-2%
Cigna GroupCI	<0.1%	$235,509	856	Held
Capital One FinancialCOF	<0.1%	$214,731	886	New
MicrosoftMSFT	<0.1%	$213,475	442	-28%
Thomson Reuters	<0.1%	$208,650	1,582	Held
Vanguard Index FDSVTI	<0.1%	$204,376	610	New
IntuitINTU	<0.1%	$204,025	308	New
NvidiaNVDA	<0.1%	$200,488	1,075	-24%

Over time and by industry

Value over time

Jun '25

Dec '25

Value is up 13.0% since 30 June 2025.

Where the money is

Technology2.9%

Health care0.2%

Financial services0.2%

Industrials0.2%

Media & telecom0.1%

Retail & consumer0.1%

Everyday goods0.1%

Other96.1%

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.