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 | |
|---|---|---|---|---|---|---|---|
1001
Knowles
KN
$2.96B
| $424K | 0.01% |
10,225
+355
| +4% | +$12.3K |
2024 Q4
6 quarters
|
|
1002
Robert Half
RHI
$4.38B
| $424K | 0.01% |
13,810
+2,103
| +18% | +$58.9K |
2025 Q4
2 quarters
|
|
1003
Amer Sports
AS
$17B
| $423K | 0.01% |
12,505
+266
| +2% | +$9.32K |
2025 Q2
4 quarters
|
|
1004
Vitesse Energy
VTS
$771M
| $422K | 0.01% |
26,760
-10,912
| -29% | -$193K |
2023 Q2
12 quarters
|
|
1005
Mohawk Industries
MHK
$8.81B
| $421K | 0.01% |
3,467
+290
| +9% | +$30.5K |
2022 Q4
14 quarters
|
|
1006
HEICO Corp
HEI
$45.6B
| $420K | 0.01% |
1,179
-13,437
| -92% | -$4.09M |
2025 Q1
5 quarters
|
|
1007
Jackson Financial
JXN
$9.21B
| $418K | 0.01% |
4,082
-14
| -0.3% | -$1.52K |
2024 Q4
6 quarters
|
|
1008
Ameris Bancorp
ABCB
$5.56B
| $417K | 0.01% |
4,625
-563
| -11% | -$47.9K |
2024 Q4
6 quarters
|
|
1009
Applied Digital
APLD
$5.87B
| $417K | 0.01% |
11,189
-29
| -0.3% | -$1.12K |
2025 Q3
3 quarters
|
|
1010
Golar LNG
GLNG
$4.77B
| $415K | 0.01% |
8,334
+316
| +4% | +$16.7K |
2022 Q3
15 quarters
|
|
1011
FNB Corp
FNB
$6.47B
| $415K | 0.01% |
21,731
+426
| +2% | +$7.58K |
2025 Q4
2 quarters
|
|
1012
Tetra Tech
TTEK
$9.8B
| $415K | 0.01% |
+14,348
| New | +$421K |
2026 Q2
0 quarters
|
|
1013
Idaho Strategic Resources
IDR
$327M
| $414K | 0.01% |
+12,632
| New | +$491K |
2026 Q2
0 quarters
|
|
1014
SM Energy
SM
$9.41B
| $412K | 0.01% |
15,781
+6,592
| +72% | +$198K |
2026 Q1
1 quarter
|
|
1015
Agnico Eagle Mines
AEM
$89.1B
| $412K | 0.01% |
2,653
+643
| +32% | +$119K |
2025 Q4
2 quarters
|
|
1016
NNN REIT
NNN
$7.97B
| $411K | 0.01% |
8,830
-9,820
| -53% | -$439K |
2023 Q4
10 quarters
|
|
1017
Yum China
YUMC
$15.2B
| $409K | 0.01% |
+10,007
| New | +$458K |
2026 Q2
0 quarters
|
|
1018
Openlane
OPLN
$4.73B
| $407K | 0.01% |
9,868
+3
| +0% | +$105 |
2025 Q3
3 quarters
|
|
1019
Rogers Corp
ROG
$2.5B
| $404K | 0.01% |
+2,470
| New | +$340K |
2026 Q2
0 quarters
|
|
1020
ONE Gas
OGS
$4.91B
| $404K | 0.01% |
5,241
-450
| -8% | -$37.4K |
2021 Q2
20 quarters
|
|
1021
ACI Worldwide
ACIW
$5.62B
| $403K | 0.01% |
+8,021
| New | +$349K |
2026 Q2
0 quarters
|
|
1022
Pursuit Attractions and Hospitality Inc
PRSU
$1.51B
| $403K | 0.01% |
+7,203
| New | +$318K |
2026 Q2
0 quarters
|
|
1023
IPG Photonics
IPGP
$3.22B
| $403K | 0.01% |
3,432
+614
| +22% | +$70.5K |
2025 Q4
2 quarters
|
|
1024
Vanguard FTSE All-World ex-US ETF
VEU
$67.3B
| $402K | 0.01% |
+4,800
| New | +$392K |
2026 Q2
0 quarters
|
|
1025
U-Haul Holding Co
UHAL
$11B
| $402K | 0.01% |
6,136
-34,242
| -85% | -$1.88M |
2026 Q1
1 quarter
|
|
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.