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 | |
|---|---|---|---|---|---|---|---|
926
Vipshop
VIPS
$6.13B
| $521K | 0.01% |
39,278
+8,844
| +29% | +$126K |
2022 Q1
17 quarters
|
|
927
Northwest Natural Holdings
NWN
$2.11B
| $520K | 0.01% |
10,608
-2,084
| -16% | -$107K |
2025 Q3
3 quarters
|
|
928
Amdocs
DOX
$6.56B
| $520K | 0.01% |
10,294
-4,252
| -29% | -$261K |
2023 Q2
12 quarters
|
|
929
Hilton Grand Vacations
HGV
$2.87B
| $520K | 0.01% |
9,934
-191
| -2% | -$9.21K |
2025 Q2
4 quarters
|
|
930
QXO Inc
QXO
$11.2B
| $519K | 0.01% |
30,032
-1,598
| -5% | -$29.7K |
2025 Q3
3 quarters
|
|
931
Ryman Hospitality Properties
RHP
$9.22B
| $517K | 0.01% |
4,021
-866
| -18% | -$96.1K |
2023 Q4
10 quarters
|
|
932
Solaris Energy Infrastructure
SEI
$4.54B
| $516K | 0.01% |
6,415
-254
| -4% | -$18.2K |
2024 Q4
6 quarters
|
|
933
Dycom Industries
DY
$6.79B
| $516K | 0.01% |
1,020
+41
| +4% | +$17.9K |
2025 Q4
2 quarters
|
|
934
Charter Communications
CHTR
$12.6B
| $515K | 0.01% |
3,621
-602
| -14% | -$100K |
2019 Q4
26 quarters
|
|
935
Viper Energy
VNOM
$9.2B
| $511K | 0.01% |
12,057
-49,752
| -80% | -$2.3M |
2025 Q3
3 quarters
|
|
936
TransUnion
TRU
$14.7B
| $506K | 0.01% |
7,009
-564
| -7% | -$39.5K |
2020 Q2
24 quarters
|
|
937
Howard Hughes
HHH
$4.52B
| $505K | 0.01% |
7,061
+470
| +7% | +$30.6K |
2025 Q4
2 quarters
|
|
938
Revolution Medicines
RVMD
$40.7B
| $504K | 0.01% |
+2,690
| New | +$393K |
2026 Q2
0 quarters
|
|
939
OneSpaWorld
OSW
$3.1B
| $503K | 0.01% |
17,807
+3,577
| +25% | +$88.4K |
2024 Q4
6 quarters
|
|
940
PVH
PVH
$4.16B
| $503K | 0.01% |
6,769
+187
| +3% | +$16K |
2025 Q3
3 quarters
|
|
941
Prosperity Bancshares
PB
$8.63B
| $502K | 0.01% |
6,880
-220
| -3% | -$15.3K |
2023 Q4
10 quarters
|
|
942
News Corp Class A
NWSA
$15.7B
| $497K | 0.01% |
20,025
+1,371
| +7% | +$35.5K |
2023 Q3
11 quarters
|
|
943
Ryerson Holding Corp
RYZ
$1.58B
| $496K | 0.01% |
20,172
+1,159
| +6% | +$30.6K |
2026 Q1
1 quarter
|
|
944
FormFactor
FORM
$6.72B
| $496K | 0.01% |
3,099
-534
| -15% | -$70.8K |
2026 Q1
1 quarter
|
|
945
Domino's
DPZ
$10.3B
| $493K | 0.01% |
1,664
+45
| +3% | +$14.8K |
2023 Q3
11 quarters
|
|
946
Universal Display
OLED
$3.74B
| $493K | 0.01% |
5,688
+936
| +20% | +$86.4K |
2023 Q3
11 quarters
|
|
947
Huntington Ingalls Industries
HII
$12.5B
| $492K | 0.01% |
1,758
+114
| +7% | +$38.1K |
2025 Q1
5 quarters
|
|
948
Federal Realty Investment Trust
FRT
$9.6B
| $490K | 0.01% |
3,972
-4
| -0.1% | -$465 |
2020 Q4
22 quarters
|
|
949
Rambus
RMBS
$8.88B
| $489K | 0.01% |
3,684
+144
| +4% | +$18.7K |
2025 Q2
4 quarters
|
|
950
Mercury Systems
MRCY
$4.67B
| $488K | 0.01% |
+3,987
| New | +$380K |
2026 Q2
0 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.