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 | |
|---|---|---|---|---|---|---|---|
976
Rogers Communications
RCI
$17B
| $455K | 0.01% |
+13,993
| New | +$505K |
2026 Q2
0 quarters
|
|
977
Iridium Communications
IRDM
$4.88B
| $455K | 0.01% |
+8,287
| New | +$354K |
2026 Q2
0 quarters
|
|
978
Millrose Properties Inc
MRP
$4.34B
| $453K | 0.01% |
15,083
-1,912
| -11% | -$55.4K |
2025 Q3
3 quarters
|
|
979
Flutter Entertainment
FLUT
$13.7B
| $453K | 0.01% |
4,432
+1,232
| +39% | +$127K |
2024 Q3
7 quarters
|
|
980
Krystal Biotech
KRYS
$9.6B
| $448K | 0.01% |
1,206
+40
| +3% | +$12K |
2025 Q4
2 quarters
|
|
981
POSCO
PKX
$15.4B
| $447K | 0.01% |
8,701
+2,671
| +44% | +$183K |
2025 Q4
2 quarters
|
|
982
Amalgamated Financial
AMAL
$1.53B
| $445K | 0.01% |
9,705
+2,149
| +28% | +$90.6K |
2025 Q4
2 quarters
|
|
983
Teck Resources
TECK
$31.3B
| $444K | 0.01% |
7,472
-842
| -10% | -$51.3K |
2026 Q1
1 quarter
|
|
984
Semtech
SMTC
$13.1B
| $442K | 0.01% |
+2,734
| New | +$357K |
2026 Q2
0 quarters
|
|
985
Worthington Enterprises
WOR
$3.16B
| $440K | 0.01% |
8,178
+2,736
| +50% | +$152K |
2024 Q4
6 quarters
|
|
986
AXS Green Alpha ETF
NXTE
$50.1M
| $438K | 0.01% |
8,054
-173
| -2% | -$8.16K |
2023 Q4
10 quarters
|
|
987
Teleflex
TFX
$5.99B
| $438K | 0.01% |
+3,454
| New | +$442K |
2026 Q2
0 quarters
|
|
988
Riley Exploration Permian
REPX
$1.15B
| $438K | 0.01% |
13,276
-7,574
| -36% | -$270K |
2024 Q1
9 quarters
|
|
989
Teekay
TK
$1.31B
| $437K | 0.01% |
43,706
+8,553
| +24% | +$107K |
2025 Q2
4 quarters
|
|
990
Simpson Manufacturing
SSD
$8.01B
| $435K | 0.01% |
+2,079
| New | +$389K |
2026 Q2
0 quarters
|
|
991
Fox Class A
FOXA
$27.2B
| $435K | 0.01% |
8,334
-37,734
| -82% | -$2.33M |
2024 Q4
6 quarters
|
|
992
Piedmont Realty Trust
PDM
$1.18B
| $434K | 0.01% |
47,426
-11,724
| -20% | -$96.6K |
2023 Q2
12 quarters
|
|
993
Franklin Electric
FELE
$4.27B
| $433K | 0.01% |
4,041
+746
| +23% | +$74.9K |
2022 Q1
17 quarters
|
|
994
Everus Construction Group
ECG
$5.52B
| $432K | 0.01% |
+2,605
| New | +$382K |
2026 Q2
0 quarters
|
|
995
Macy's
M
$6.46B
| $432K | 0.01% |
18,343
+1,274
| +7% | +$26.7K |
2023 Q3
11 quarters
|
|
996
Paycom
PAYC
$11.7B
| $429K | 0.01% |
3,416
-618
| -15% | -$80.6K |
2026 Q1
1 quarter
|
|
997
Grupo Aeroportuario del Sureste
ASR
$7.59B
| $428K | 0.01% |
1,397
+35
| +3% | +$10.9K |
2023 Q2
12 quarters
|
|
998
Primo Brands
PRMB
$7.05B
| $426K | 0.01% |
17,433
-61,859
| -78% | -$1.37M |
2025 Q1
5 quarters
|
|
999
Universal Health Services
UHS
$10.4B
| $424K | 0.01% |
2,854
-2,032
| -42% | -$330K |
2024 Q1
9 quarters
|
|
1000
Sea Limited
SE
$46.9B
| $424K | 0.01% |
+4,428
| New | +$389K |
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.