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 | |
|---|---|---|---|---|---|---|---|
376
Willis Towers Watson
WTW
$29.6B
| $3.45M | 0.04% |
13,202
+394
| +3% | +$105K |
2019 Q4
26 quarters
|
|
377
FTAI Aviation
FTAI
$20.1B
| $3.44M | 0.04% |
12,723
+4,350
| +52% | +$1.09M |
2026 Q1
1 quarter
|
|
378
Interactive Brokers
IBKR
$37B
| $3.43M | 0.04% |
39,402
-3,747
| -9% | -$312K |
2023 Q4
10 quarters
|
|
379
Arrow Electronics
ARW
$11.2B
| $3.36M | 0.04% |
15,736
+991
| +7% | +$198K |
2021 Q3
19 quarters
|
|
380
Marathon Petroleum
MPC
$121B
| $3.35M | 0.04% |
13,122
+310
| +2% | +$76.1K |
2022 Q4
14 quarters
|
|
381
TD Synnex
SNX
$20.3B
| $3.33M | 0.04% |
12,454
+1,821
| +17% | +$439K |
2023 Q3
11 quarters
|
|
382
Ericsson
ERIC
$36.1B
| $3.32M | 0.04% |
297,588
+26,251
| +10% | +$316K |
2020 Q1
25 quarters
|
|
383
Raymond James Financial
RJF
$31B
| $3.29M | 0.04% |
21,644
+1,163
| +6% | +$177K |
2022 Q3
15 quarters
|
|
384
Regions Financial
RF
$24.6B
| $3.23M | 0.04% |
107,001
-201
| -0.2% | -$5.64K |
2020 Q2
24 quarters
|
|
385
Williams-Sonoma
WSM
$30.6B
| $3.21M | 0.04% |
13,780
-970
| -7% | -$192K |
2023 Q3
11 quarters
|
|
386
Lockheed Martin
LMT
$149B
| $3.2M | 0.04% |
6,289
-1,239
| -16% | -$670K |
2022 Q1
17 quarters
|
|
387
Synchrony
SYF
$25B
| $3.19M | 0.04% |
41,952
+3,063
| +8% | +$225K |
2021 Q1
21 quarters
|
|
388
Cardinal Health
CAH
$58.1B
| $3.18M | 0.04% |
13,392
+1,043
| +8% | +$217K |
2022 Q2
16 quarters
|
|
389
Illumina
ILMN
$43.8B
| $3.18M | 0.04% |
18,070
+2,583
| +17% | +$378K |
2020 Q2
24 quarters
|
|
390
Pinnacle West Capital
PNW
$12.9B
| $3.15M | 0.04% |
29,395
+26,411
| +885% | +$2.7M |
2024 Q4
6 quarters
|
|
391
AGNC Investment
AGNC
$10.6B
| $3.13M | 0.04% |
287,317
+17,589
| +7% | +$185K |
2021 Q3
19 quarters
|
|
392
MACOM Technology Solutions
MTSI
$19.3B
| $3.12M | 0.04% |
8,199
+999
| +14% | +$331K |
2025 Q3
3 quarters
|
|
393
Altria Group
MO
$128B
| $3.12M | 0.04% |
43,342
-2,673
| -6% | -$187K |
2022 Q2
16 quarters
|
|
394
F5
FFIV
$20.6B
| $3.11M | 0.04% |
7,473
+2,150
| +40% | +$764K |
2023 Q3
11 quarters
|
|
395
Southern Company
SO
$107B
| $3.07M | 0.04% |
32,103
-19,444
| -38% | -$1.83M |
2022 Q1
17 quarters
|
|
396
DELISTED
AvalonBay Communities
AVB
| $3.07M | 0.04% |
16,273
+2,864
| +21% | +$518K |
2020 Q3
23 quarters
|
|
397
Ryder
R
$10.7B
| $3.05M | 0.04% |
11,580
+1,420
| +14% | +$347K |
2022 Q2
16 quarters
|
|
398
CenterPoint Energy
CNP
$28B
| $3.04M | 0.04% |
69,129
+62,170
| +893% | +$2.66M |
2025 Q3
3 quarters
|
|
399
Otis Worldwide
OTIS
$28.4B
| $3.04M | 0.04% |
42,463
-3,602
| -8% | -$269K |
2020 Q3
23 quarters
|
|
400
Omnicom Group
OMC
$22.2B
| $3.04M | 0.04% |
41,716
+4,023
| +11% | +$303K |
2019 Q4
26 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.