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 | |
|---|---|---|---|---|---|---|---|
651
Materion
MTRN
$4.62B
| $1.27M | 0.02% |
4,276
+378
| +10% | +$79.2K |
2022 Q3
15 quarters
|
|
652
Itaú Unibanco
ITUB
$78.6B
| $1.27M | 0.02% |
155,345
-11,389
| -7% | -$94.4K |
2020 Q3
23 quarters
|
|
653
Par Pacific Holdings
PARR
$3.82B
| $1.26M | 0.02% |
22,500
+7,843
| +54% | +$467K |
2024 Q4
6 quarters
|
|
654
Guidewire Software
GWRE
$13.4B
| $1.25M | 0.02% |
+10,192
| New | +$1.36M |
2026 Q2
0 quarters
|
|
655
Revvity
RVTY
$17.5B
| $1.25M | 0.02% |
11,226
+1,316
| +13% | +$127K |
2020 Q4
22 quarters
|
|
656
Celestica
CLS
$33.5B
| $1.23M | 0.02% |
3,384
+1,806
| +114% | +$678K |
2025 Q3
3 quarters
|
|
657
New York Times
NYT
$11.3B
| $1.22M | 0.02% |
17,499
-1,810
| -9% | -$140K |
2023 Q3
11 quarters
|
|
658
CACI
CACI
$14.9B
| $1.22M | 0.02% |
2,642
-307
| -10% | -$157K |
2023 Q1
13 quarters
|
|
659
Shell
SHEL
$309B
| $1.22M | 0.02% |
15,766
+2,762
| +21% | +$238K |
2023 Q1
13 quarters
|
|
660
H.B. Fuller
FUL
$2.68B
| $1.21M | 0.02% |
20,736
+8,744
| +73% | +$538K |
2020 Q4
22 quarters
|
|
661
Ford
F
$48.9B
| $1.2M | 0.02% |
86,477
-1,026
| -1% | -$13.8K |
2020 Q3
23 quarters
|
|
662
Jack Henry & Associates
JKHY
$11.3B
| $1.19M | 0.01% |
8,673
-739
| -8% | -$105K |
2023 Q2
12 quarters
|
|
663
The Kraft Heinz Company
KHC
$28.9B
| $1.19M | 0.01% |
50,330
+7,366
| +17% | +$170K |
2020 Q3
23 quarters
|
|
664
Carlisle Companies
CSL
$14.5B
| $1.19M | 0.01% |
3,271
-373
| -10% | -$131K |
2021 Q4
18 quarters
|
|
665
Ultra Clean Holdings
UCTT
$2.38B
| $1.18M | 0.01% |
8,293
-576
| -6% | -$50.7K |
2022 Q4
14 quarters
|
|
666
MDU Resources
MDU
$4.15B
| $1.18M | 0.01% |
+55,612
| New | +$1.21M |
2026 Q2
0 quarters
|
|
667
ADT
ADT
$7.2B
| $1.18M | 0.01% |
180,828
+42,916
| +31% | +$294K |
2022 Q1
17 quarters
|
|
668
Medpace
MEDP
$18.2B
| $1.18M | 0.01% |
2,219
-93
| -4% | -$42.9K |
2023 Q4
10 quarters
|
|
669
JD.com
JD
$34.7B
| $1.17M | 0.01% |
46,001
+7,530
| +20% | +$222K |
2021 Q4
18 quarters
|
|
670
ORIX
IX
$39.6B
| $1.15M | 0.01% |
30,338
+12,387
| +69% | +$441K |
2023 Q2
12 quarters
|
|
671
State Street SPDR Portfolio Emerging Markets ETF
SPEM
$16.1B
| $1.15M | 0.01% |
22,174
+15,935
| +255% | +$815K |
2026 Q1
1 quarter
|
|
672
Kimco Realty
KIM
$16.3B
| $1.15M | 0.01% |
45,245
-10,360
| -19% | -$249K |
2023 Q2
12 quarters
|
|
673
Allison Transmission
ALSN
$8.92B
| $1.14M | 0.01% |
10,131
+473
| +5% | +$57.4K |
2023 Q1
13 quarters
|
|
674
Rivian
RIVN
$17.7B
| $1.14M | 0.01% |
65,615
+4,200
| +7% | +$65.5K |
2023 Q3
11 quarters
|
|
675
Best Buy
BBY
$20.1B
| $1.14M | 0.01% |
14,988
+1,286
| +9% | +$85.4K |
2020 Q2
24 quarters
|
|
Similar funds
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.