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 | |
|---|---|---|---|---|---|---|---|
951
State Street US Sector Rotation ETF
XLSR
$1.06B
| $486K | 0.01% |
7,500
+2,216
| +42% | +$141K |
2026 Q1
1 quarter
|
|
952
Central Garden & Pet Co
CENT
$2.88B
| $486K | 0.01% |
10,957
-4,267
| -28% | -$167K |
2025 Q4
2 quarters
|
|
953
Polaris
PII
$3.39B
| $484K | 0.01% |
7,079
-246
| -3% | -$15.8K |
2025 Q2
4 quarters
|
|
954
Vanguard S&P Small-Cap 600 ETF
VIOO
$4.11B
| $480K | 0.01% |
+3,487
| New | +$443K |
2026 Q2
0 quarters
|
|
955
Tanger
SKT
$4.24B
| $479K | 0.01% |
12,134
+5,696
| +88% | +$211K |
2026 Q1
1 quarter
|
|
956
Virtu Financial
VIRT
$4.68B
| $478K | 0.01% |
+8,031
| New | +$422K |
2026 Q2
0 quarters
|
|
957
Grupo Aeroportuario del Pacifico
PAC
$13.7B
| $476K | 0.01% |
1,882
-451
| -19% | -$111K |
2023 Q4
10 quarters
|
|
958
Evercore
EVR
$11B
| $474K | 0.01% |
1,389
-183
| -12% | -$62.6K |
2024 Q4
6 quarters
|
|
959
Vanguard ESG US Stock ETF
ESGV
$13.1B
| $474K | 0.01% |
+3,586
| New | +$457K |
2026 Q2
0 quarters
|
|
960
Equinor
EQNR
$115B
| $474K | 0.01% |
15,098
-876
| -5% | -$32.7K |
2024 Q4
6 quarters
|
|
961
Rentokil
RTO
$11.8B
| $473K | 0.01% |
16,549
-255
| -2% | -$8.09K |
2025 Q2
4 quarters
|
|
962
State Street Multi-Asset Real Return ETF
RLY
$1.41B
| $472K | 0.01% |
+13,679
| New | +$497K |
2026 Q2
0 quarters
|
|
963
PTC Therapeutics
PTCT
$5.13B
| $471K | 0.01% |
5,779
+276
| +5% | +$19.9K |
2025 Q4
2 quarters
|
|
964
Roivant Sciences
ROIV
$26.8B
| $471K | 0.01% |
13,312
+4,332
| +48% | +$128K |
2025 Q4
2 quarters
|
|
965
Gerdau
GGB
$9.1B
| $471K | 0.01% |
116,595
-122,329
| -51% | -$544K |
2023 Q2
12 quarters
|
|
966
Trimble
TRMB
$15.2B
| $471K | 0.01% |
9,196
-15,732
| -63% | -$930K |
2023 Q3
11 quarters
|
|
967
AGCO
AGCO
$7.6B
| $465K | 0.01% |
3,889
+270
| +7% | +$31.4K |
2020 Q4
22 quarters
|
|
968
Las Vegas Sands
LVS
$24B
| $465K | 0.01% |
10,065
-1,082
| -10% | -$56.1K |
2022 Q1
17 quarters
|
|
969
Telkom Indonesia
TLK
$11B
| $463K | 0.01% |
34,510
-4,852
| -12% | -$80.8K |
2020 Q3
23 quarters
|
|
970
Armstrong World Industries
AWI
$6.91B
| $462K | 0.01% |
2,882
-425
| -13% | -$69.5K |
2025 Q2
4 quarters
|
|
971
State Street SPDR MSCI Emerging Markets StrategicFactors ETF
QEMM
$54.7M
| $462K | 0.01% |
5,778
+3
| +0.1% | +$234 |
2026 Q1
1 quarter
|
|
972
CNA Financial
CNA
$13.2B
| $461K | 0.01% |
9,475
-15,940
| -63% | -$725K |
2023 Q1
13 quarters
|
|
973
American Assets Trust
AAT
$1.35B
| $460K | 0.01% |
18,648
+1,681
| +10% | +$36.9K |
2026 Q1
1 quarter
|
|
974
Vaalco Energy
EGY
$672M
| $459K | 0.01% |
90,269
+25,494
| +39% | +$147K |
2024 Q1
9 quarters
|
|
975
Interface
TILE
$2.13B
| $455K | 0.01% |
12,698
-710
| -5% | -$20.7K |
2025 Q1
5 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.