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 | |
|---|---|---|---|---|---|---|---|
1026
Garrett Motion
GTX
$4.19B
| $399K | 0.01% |
+11,015
| New | +$306K |
2026 Q2
0 quarters
|
|
1027
Alaska Air
ALK
$4.03B
| $399K | 0.01% |
7,638
+1,315
| +21% | +$56.2K |
2023 Q3
11 quarters
|
|
1028
New Jersey Resources
NJR
$5.39B
| $398K | 0.01% |
7,104
+192
| +3% | +$10.7K |
2020 Q2
24 quarters
|
|
1029
Kanzhun
BZ
$7.13B
| $398K | 0.01% |
30,923
+5,073
| +20% | +$69.5K |
2025 Q1
5 quarters
|
|
1030
CNO Financial Group
CNO
$5.1B
| $396K | ﹤0.01% |
7,777
+381
| +5% | +$17.7K |
2024 Q4
6 quarters
|
|
1031
EQT Corp
EQT
$34.1B
| $395K | ﹤0.01% |
7,426
-1,282
| -15% | -$71.9K |
2025 Q1
5 quarters
|
|
1032
UMB Financial
UMBF
$10.3B
| $394K | ﹤0.01% |
2,763
-88
| -3% | -$11.3K |
2025 Q1
5 quarters
|
|
1033
Flowserve
FLS
$10.2B
| $389K | ﹤0.01% |
5,252
-12,090
| -70% | -$919K |
2024 Q1
9 quarters
|
|
1034
Chefs' Warehouse
CHEF
$4.41B
| $388K | ﹤0.01% |
+4,040
| New | +$313K |
2026 Q2
0 quarters
|
|
1035
Penguin Solutions Inc
PENG
$3.01B
| $387K | ﹤0.01% |
+5,090
| New | +$232K |
2026 Q2
0 quarters
|
|
1036
Genmab
GMAB
$34.7B
| $384K | ﹤0.01% |
13,992
-7,708
| -36% | -$205K |
2025 Q3
3 quarters
|
|
1037
Invesco QQQ Trust
QQQ
$483B
| $383K | ﹤0.01% |
+520
| New | +$358K |
2026 Q2
0 quarters
|
|
1038
Natera
NTRA
$62.8B
| $382K | ﹤0.01% |
1,408
+397
| +39% | +$84.6K |
2026 Q1
1 quarter
|
|
1039
Aurora
AUR
$8.84B
| $381K | ﹤0.01% |
55,873
+4,174
| +8% | +$25.5K |
2024 Q4
6 quarters
|
|
1040
BioMarin Pharmaceuticals
BMRN
$11.1B
| $381K | ﹤0.01% |
6,656
+1,143
| +21% | +$62.6K |
2026 Q1
1 quarter
|
|
1041
Schwab Fundamental US Small Company Index ETF
FNDA
$9B
| $378K | ﹤0.01% |
+9,922
| New | +$354K |
2026 Q2
0 quarters
|
|
1042
Loar Holdings
LOAR
$6.07B
| $377K | ﹤0.01% |
+4,674
| New | +$298K |
2026 Q2
0 quarters
|
|
1043
Parnassus Value Select ETF
PRVS
$29.4M
| $376K | ﹤0.01% |
11,441
+2
| +0% | +$61 |
2025 Q2
4 quarters
|
|
1044
Gildan
GIL
$7.53B
| $376K | ﹤0.01% |
+7,281
| New | +$418K |
2026 Q2
0 quarters
|
|
1045
AAR Corp
AIR
$4.2B
| $373K | ﹤0.01% |
2,613
+159
| +6% | +$18.8K |
2026 Q1
1 quarter
|
|
1046
The Ensign Group
ENSG
$10.9B
| $371K | ﹤0.01% |
2,316
-1,568
| -40% | -$277K |
2024 Q1
9 quarters
|
|
1047
CAE Inc
CAE
$8.45B
| $370K | ﹤0.01% |
+14,767
| New | +$382K |
2026 Q2
0 quarters
|
|
1048
Innovex International
INVX
$2.1B
| $368K | ﹤0.01% |
+14,845
| New | +$403K |
2026 Q2
0 quarters
|
|
1049
Alexandria Real Estate Equities
ARE
$7.07B
| $368K | ﹤0.01% |
6,954
-3,117
| -31% | -$149K |
2020 Q3
23 quarters
|
|
1050
Pinnacle Financial Partners Inc
PNFP
$15.4B
| $367K | ﹤0.01% |
3,639
-230
| -6% | -$22.1K |
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.