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 | |
|---|---|---|---|---|---|---|---|
776
Henry Schein
HSIC
$9.46B
| $824K | 0.01% |
9,866
-53
| -0.5% | -$4.05K |
2022 Q3
15 quarters
|
|
777
Rio Tinto
RIO
$133B
| $823K | 0.01% |
8,674
+2,151
| +33% | +$218K |
2022 Q4
14 quarters
|
|
778
Elanco Animal Health
ELAN
$11.5B
| $823K | 0.01% |
33,453
-30,778
| -48% | -$712K |
2021 Q4
18 quarters
|
|
779
Essential Utilities
WTRG
$12.4B
| $823K | 0.01% |
21,478
-1,035
| -5% | -$39.5K |
2020 Q3
23 quarters
|
|
780
Park Aerospace
PKE
$568M
| $822K | 0.01% |
21,549
+424
| +2% | +$14.1K |
2025 Q1
5 quarters
|
|
781
International Paper
IP
$19.3B
| $820K | 0.01% |
21,523
+24
| +0.1% | +$822 |
2023 Q3
11 quarters
|
|
782
Tyson Foods
TSN
$20.1B
| $817K | 0.01% |
14,266
-1,939
| -12% | -$121K |
2022 Q4
14 quarters
|
|
783
Landstar System
LSTR
$4.81B
| $807K | 0.01% |
3,904
-652
| -14% | -$125K |
2026 Q1
1 quarter
|
|
784
Amcor
AMCR
$21.9B
| $806K | 0.01% |
18,604
-1,421
| -7% | -$56.4K |
2022 Q1
17 quarters
|
|
785
Qiagen
QGEN
$10.4B
| $806K | 0.01% |
+20,620
| New | +$766K |
2026 Q2
0 quarters
|
|
786
People Inc
PPLI
$2.65B
| $805K | 0.01% |
17,449
+5,437
| +45% | +$232K |
2023 Q3
11 quarters
|
|
787
Starwood Property Trust
STWD
$4.52B
| $805K | 0.01% |
49,162
+4,875
| +11% | +$84.8K |
2022 Q4
14 quarters
|
|
788
Xtrackers S&P 500 ESG ETF
SNPE
$2.84B
| $802K | 0.01% |
11,649
+7,953
| +215% | +$528K |
2025 Q2
4 quarters
|
|
789
CDW
CDW
$19.2B
| $802K | 0.01% |
5,700
+1,179
| +26% | +$148K |
2021 Q2
20 quarters
|
|
790
Kulicke & Soffa
KLIC
$3.88B
| $798K | 0.01% |
5,963
+1,102
| +23% | +$108K |
2026 Q1
1 quarter
|
|
791
Freedom Holding
FRHC
$11.9B
| $795K | 0.01% |
6,095
+3,144
| +107% | +$458K |
2025 Q3
3 quarters
|
|
792
Delek US
DK
$4.5B
| $793K | 0.01% |
15,610
-1,219
| -7% | -$54.1K |
2023 Q1
13 quarters
|
|
793
TFS Financial
TFSL
$4.58B
| $789K | 0.01% |
+44,507
| New | +$694K |
2026 Q2
0 quarters
|
|
794
Exelixis
EXEL
$16.9B
| $788K | 0.01% |
14,486
+940
| +7% | +$45.8K |
2023 Q2
12 quarters
|
|
795
Ambev
ABEV
$41B
| $787K | 0.01% |
250,726
-436,083
| -63% | -$1.36M |
2020 Q4
22 quarters
|
|
796
Flowers Foods
FLO
$1.33B
| $786K | 0.01% |
99,517
+18,913
| +23% | +$151K |
2025 Q3
3 quarters
|
|
797
Nordic American Tanker
NAT
$1.67B
| $786K | 0.01% |
141,819
-10,029
| -7% | -$56.8K |
2022 Q1
17 quarters
|
|
798
Paylocity
PCTY
$8.92B
| $785K | 0.01% |
7,514
+3,885
| +107% | +$414K |
2025 Q4
2 quarters
|
|
799
Hexcel
HXL
$5.89B
| $783K | 0.01% |
7,828
-246
| -3% | -$22.3K |
2025 Q2
4 quarters
|
|
800
Voya Financial
VOYA
$8.88B
| $780K | 0.01% |
8,614
+4,499
| +109% | +$366K |
2022 Q1
17 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.