Stegner Investment Associates

LOUISVILLE, KYfiles as Stegner Investment Associates Inc.

$210m in 31 US stocks at the end of 30 June 2026. The top 10 are 93.5% of the money. It changed about 2.3% of the portfolio this quarter.

Value

$210m

Stocks

Top 10 share

93.5%

Turnover

2.3%

What changed this quarter

New

Bought for the first time this quarter.

Marvell TechnologyMRVL
0.1% of the fund
American ExpressAXP
0.1% of the fund

Added

Bought more of a stock they already held.

Ishares TRIVV
2.7% of the fund
+3%
Ishares TRIWS
0.5% of the fund
+23%
AppleAAPL
0.5% of the fund
+19%
Vanguard BD Index FDSBND
0.2% of the fund
+37%
Spdr Index SHS FDSCWI
0.2% of the fund
+9%
Berkshire HathawayBRK-B
0.1% of the fund
+11%

Cut

Sold some of their stake.

Ishares TRIWR
21.4% of the fund
-3%
Ishares TRIWB
3.5% of the fund
-11%
Ishares TRIWP
0.7% of the fund
-3%
MicrosoftMSFT
0.5% of the fund
-8%
Ishares TRIWM
0.2% of the fund
-35%

Sold out

Sold their entire stake.

None this quarter.

Holdings

Ishares TRIVW
Share
39.8%
Value
$84m
Shares
608,731
Held
Ishares TRIWR
Share
21.4%
Value
$45m
Shares
407,479
-3%
Vanguard Scottsdale FDSVONE
Share
10.8%
Value
$23m
Shares
67,323
Held
Vanguard Index FDSVOO
Share
4.5%
Value
$10m
Shares
13,909
Held
Ishares TRIWD
Share
4.4%
Value
$9m
Shares
38,393
Held
Ishares TRIWB
Share
3.5%
Value
$7m
Shares
18,226
-11%
Vanguard Scottsdale FDSVONG
Share
2.8%
Value
$6m
Shares
45,647
Held
Ishares TRIVV
Share
2.7%
Value
$6m
Shares
7,563
+3%
Invesco Exchange Traded FD TRSP
Share
1.8%
Value
$4m
Shares
17,631
Held
Ishares TRIVE
Share
1.7%
Value
$4m
Shares
16,086
Held
Ishares TREFV
Share
0.8%
Value
$2m
Shares
22,283
Held
Ishares TRIWP
Share
0.7%
Value
$1m
Shares
9,887
-3%
MicrosoftMSFT
Share
0.5%
Value
$1m
Shares
2,905
-8%
Ishares TRIWS
Share
0.5%
Value
$1m
Shares
6,181
+23%
Ishares TRIWF
Share
0.5%
Value
$966,079
Shares
7,780
Held
AppleAAPL
Share
0.5%
Value
$961,214
Shares
3,322
+19%
State STR Spdr S&P 500 ETF TSPY
Share
0.4%
Value
$922,111
Shares
1,235
Held
Vanguard Index FDSVTI
Share
0.4%
Value
$869,594
Shares
2,350
Held
Ishares TRIWN
Share
0.4%
Value
$863,786
Shares
3,905
Held
Vanguard BD Index FDSBND
Share
0.2%
Value
$504,253
Shares
6,869
+37%
Ishares TROEF
Share
0.2%
Value
$424,775
Shares
1,161
Held
Spdr Index SHS FDSCWI
Share
0.2%
Value
$413,939
Shares
10,178
+9%
Ishares TRIWM
Share
0.2%
Value
$388,627
Shares
1,293
-35%
Marvell TechnologyMRVL
Share
0.1%
Value
$303,563
Shares
1,019
New
Costco WholesaleCOST
Share
0.1%
Value
$293,426
Shares
314
Held
McDonald'sMCD
Share
0.1%
Value
$271,121
Shares
1,003
Held
Coca-ColaKO
Share
0.1%
Value
$266,566
Shares
3,280
Held
Berkshire HathawayBRK-B
Share
0.1%
Value
$256,200
Shares
512
+11%
Home DepotHD
Share
0.1%
Value
$224,304
Shares
636
Held
ExxonMobil HoldingsXOM
Share
0.1%
Value
$222,580
Shares
1,628
Held
American ExpressAXP
Share
0.1%
Value
$219,863
Shares
650
New

Company	Share of fund	Value	Shares	Change
Ishares TRIVW	39.8%	$84m	608,731	Held
Ishares TRIWR	21.4%	$45m	407,479	-3%
Vanguard Scottsdale FDSVONE	10.8%	$23m	67,323	Held
Vanguard Index FDSVOO	4.5%	$10m	13,909	Held
Ishares TRIWD	4.4%	$9m	38,393	Held
Ishares TRIWB	3.5%	$7m	18,226	-11%
Vanguard Scottsdale FDSVONG	2.8%	$6m	45,647	Held
Ishares TRIVV	2.7%	$6m	7,563	+3%
Invesco Exchange Traded FD TRSP	1.8%	$4m	17,631	Held
Ishares TRIVE	1.7%	$4m	16,086	Held
Ishares TREFV	0.8%	$2m	22,283	Held
Ishares TRIWP	0.7%	$1m	9,887	-3%
MicrosoftMSFT	0.5%	$1m	2,905	-8%
Ishares TRIWS	0.5%	$1m	6,181	+23%
Ishares TRIWF	0.5%	$966,079	7,780	Held
AppleAAPL	0.5%	$961,214	3,322	+19%
State STR Spdr S&P 500 ETF TSPY	0.4%	$922,111	1,235	Held
Vanguard Index FDSVTI	0.4%	$869,594	2,350	Held
Ishares TRIWN	0.4%	$863,786	3,905	Held
Vanguard BD Index FDSBND	0.2%	$504,253	6,869	+37%
Ishares TROEF	0.2%	$424,775	1,161	Held
Spdr Index SHS FDSCWI	0.2%	$413,939	10,178	+9%
Ishares TRIWM	0.2%	$388,627	1,293	-35%
Marvell TechnologyMRVL	0.1%	$303,563	1,019	New
Costco WholesaleCOST	0.1%	$293,426	314	Held
McDonald'sMCD	0.1%	$271,121	1,003	Held
Coca-ColaKO	0.1%	$266,566	3,280	Held
Berkshire HathawayBRK-B	0.1%	$256,200	512	+11%
Home DepotHD	0.1%	$224,304	636	Held
ExxonMobil HoldingsXOM	0.1%	$222,580	1,628	Held
American ExpressAXP	0.1%	$219,863	650	New

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 28.9% since 30 June 2025.

Where the money is

Technology1.1%

Everyday goods0.3%

Retail & consumer0.2%

Financial services0.2%

Energy0.1%

Other98.0%

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.