Ethic Inc Portfolio holdings
Ethic is a technology-driven asset manager that builds personalized portfolios for financial advisers and institutions, including index-tracking portfolios shaped around each investor's taxes and values. It was founded in 2015, and its chief executive and co-founder is Doug Scott. Ethic's computer models weigh benchmark tracking, factor exposures, values screens and taxes together when building each portfolio. It also manages ETF and mutual fund model portfolios for other firms.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$229M |
| 2 |
NVIDIA
NVDA
|
+$39.1M |
| 3 |
Apple
AAPL
|
+$35.4M |
| 4 |
Microsoft
MSFT
|
+$31.4M |
| 5 |
Broadcom
AVGO
|
+$17.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$200M |
| 2 |
Vanguard Emerging Markets Ex-China ETF
VEXC
|
+$14.8M |
| 3 |
IES Holdings
IESC
|
+$13.7M |
| 4 |
TCW Transform 500 ETF
VOTE
|
+$13M |
| 5 |
iShares ESG Aware MSCI EAFE ETF
ESGD
|
+$6.21M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 37.77% |
| 2 | Financials | 13.69% |
| 3 | Communication Services | 9.75% |
| 4 | Industrials | 9.38% |
| 5 | Healthcare | 8.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
351
Cincinnati Financial
CINF
$28B
| $3.87M | 0.05% |
20,910
+2,497
| +14% | +$414K |
2021 Q3
19 quarters
|
|
352
Conagra Brands
CAG
$6.93B
| $3.81M | 0.05% |
283,052
+40,668
| +17% | +$568K |
2020 Q4
22 quarters
|
|
353
IQVIA
IQV
$43.7B
| $3.8M | 0.05% |
19,677
+465
| +2% | +$81.1K |
2019 Q4
26 quarters
|
|
354
Coherent
COHR
$40.7B
| $3.8M | 0.05% |
9,633
+3,001
| +45% | +$1.06M |
2024 Q1
9 quarters
|
|
355
MSCI
MSCI
$45.3B
| $3.8M | 0.05% |
6,783
+593
| +10% | +$346K |
2019 Q4
26 quarters
|
|
356
NetApp
NTAP
$38.8B
| $3.72M | 0.05% |
24,065
+5,970
| +33% | +$780K |
2021 Q2
20 quarters
|
|
357
McCormick & Company Non-Voting
MKC
$12.8B
| $3.7M | 0.05% |
+73,457
| New | +$3.6M |
2026 Q2
0 quarters
|
|
358
Atmos Energy
ATO
$29.2B
| $3.7M | 0.05% |
21,483
-3,211
| -13% | -$575K |
2020 Q1
25 quarters
|
|
359
Huntington Bancshares
HBAN
$31.8B
| $3.69M | 0.05% |
208,100
+40,642
| +24% | +$671K |
2020 Q3
23 quarters
|
|
360
BorgWarner
BWA
$10.4B
| $3.67M | 0.05% |
55,201
-316
| -0.6% | -$20K |
2021 Q1
21 quarters
|
|
361
Carpenter Technology
CRS
$14.3B
| $3.63M | 0.05% |
5,888
+460
| +8% | +$217K |
2025 Q2
4 quarters
|
|
362
WESCO International
WCC
$16.7B
| $3.63M | 0.05% |
10,494
-450
| -4% | -$153K |
2021 Q3
19 quarters
|
|
363
Workday
WDAY
$47.9B
| $3.59M | 0.04% |
29,329
+12,001
| +69% | +$1.52M |
2020 Q4
22 quarters
|
|
364
Arch Capital
ACGL
$34.6B
| $3.59M | 0.04% |
36,978
+3,440
| +10% | +$324K |
2022 Q1
17 quarters
|
|
365
Axon Enterprise
AXON
$34.7B
| $3.58M | 0.04% |
6,391
-140
| -2% | -$58.6K |
2021 Q2
20 quarters
|
|
366
DuPont de Nemours
DD
$18.9B
| $3.57M | 0.04% |
26,333
+2,703
| +11% | +$384K |
2020 Q4
22 quarters
|
|
367
Steris
STE
$22.3B
| $3.54M | 0.04% |
16,796
+3,694
| +28% | +$792K |
2022 Q2
16 quarters
|
|
368
Assurant
AIZ
$14.5B
| $3.54M | 0.04% |
13,169
+1,037
| +9% | +$253K |
2022 Q2
16 quarters
|
|
369
NXP Semiconductors
NXPI
$65.2B
| $3.54M | 0.04% |
12,579
+1,890
| +18% | +$521K |
2021 Q2
20 quarters
|
|
370
Newmont
NEM
$110B
| $3.53M | 0.04% |
37,800
+7,538
| +25% | +$821K |
2024 Q4
6 quarters
|
|
371
PPL Corp
PPL
$27.1B
| $3.52M | 0.04% |
96,779
+82,325
| +570% | +$3.04M |
2024 Q4
6 quarters
|
|
372
ResMed
RMD
$33B
| $3.48M | 0.04% |
17,838
-953
| -5% | -$198K |
2019 Q4
26 quarters
|
|
373
HEICO Corp Class A
HEI.A
$33.6B
| $3.47M | 0.04% |
+13,451
| New | +$3.07M |
2026 Q2
0 quarters
|
|
374
Molson Coors Class B
TAP
$7.47B
| $3.47M | 0.04% |
+89,011
| New | +$3.72M |
2026 Q2
0 quarters
|
|
375
Republic Services
RSG
$75B
| $3.46M | 0.04% |
16,233
+2,256
| +16% | +$472K |
2022 Q1
17 quarters
|
|
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Ethic Inc's Q2 2026 Portfolio in Review
As of Q2 2026, Ethic Inc held 1,454 positions worth $8.02B, up 26% from $6.39B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Ethic Inc deployed $552M of net new capital in Q2 2026, opening 219 new positions and adding to 729 existing holdings. Its largest new stake was Alphabet (Google) Class A: 636,505 shares worth $227M.
By sector, the portfolio is most concentrated in Technology at 38% of assets, up from 33% a quarter earlier, followed by Financials and Communication Services.
On the sell side, the largest reduction was Alphabet (Google) Class C, an estimated $200M trimmed.
- Ethic Inc's largest Q2 2026 buy was Alphabet (Google) Class A: 636,505 shares worth $227M.
- Ethic Inc added most to NVIDIA in Q2 2026, an estimated $39.1M increase.
- Ethic Inc's biggest Q2 2026 reduction was Alphabet (Google) Class C, cutting an estimated $200M.
- Ethic Inc fully exited Vanguard Emerging Markets Ex-China ETF in Q2 2026, selling an estimated $14.8M.
- Ethic Inc's ten largest holdings make up 31% of its $8.02B portfolio in Q2 2026.
- Ethic Inc opened 219 new positions and closed 96 in Q2 2026.
- Ethic Inc's portfolio value rose 26% quarter-over-quarter to $8.02B.
Based on Ethic Inc's 13F filing for Q2 2026, filed 29 Jul 2026.