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 | |
|---|---|---|---|---|---|---|---|
1101
Cathay General Bancorp
CATY
$4.36B
| $315K | ﹤0.01% |
+5,084
| New | +$288K |
2026 Q2
0 quarters
|
|
1102
Schwab US Mid-Cap ETF
SCHM
$15B
| $315K | ﹤0.01% |
+8,547
| New | +$294K |
2026 Q2
0 quarters
|
|
1103
JBT Marel
JBTM
$5.73B
| $315K | ﹤0.01% |
2,171
-130
| -6% | -$16.8K |
2025 Q3
3 quarters
|
|
1104
Solstice Advanced Materials
SOLS
$9.9B
| $315K | ﹤0.01% |
3,551
-487
| -12% | -$40.2K |
2026 Q1
1 quarter
|
|
1105
iShares MSCI Intl Quality Factor ETF
IQLT
$13.8B
| $314K | ﹤0.01% |
6,336
| – | – |
2024 Q4
6 quarters
|
|
1106
Twist Bioscience
TWST
$11.5B
| $314K | ﹤0.01% |
+3,049
| New | +$198K |
2026 Q2
0 quarters
|
|
1107
ArcelorMittal
MT
$46.5B
| $313K | ﹤0.01% |
5,205
+1,013
| +24% | +$63.4K |
2026 Q1
1 quarter
|
|
1108
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$41.5B
| $312K | ﹤0.01% |
+6,198
| New | +$307K |
2026 Q2
0 quarters
|
|
1109
Brighthouse Financial
BHF
$2.47B
| $312K | ﹤0.01% |
+4,928
| New | +$306K |
2026 Q2
0 quarters
|
|
1110
StoneCo
STNE
$1.84B
| $312K | ﹤0.01% |
28,774
+9,842
| +52% | +$117K |
2024 Q4
6 quarters
|
|
1111
Chord Energy
CHRD
$8.4B
| $312K | ﹤0.01% |
2,727
+696
| +34% | +$94.4K |
2026 Q1
1 quarter
|
|
1112
ESAB
ESAB
$4.61B
| $311K | ﹤0.01% |
3,158
-3,504
| -53% | -$339K |
2022 Q4
14 quarters
|
|
1113
iShares Core MSCI International Developed Markets ETF
IDEV
$34.1B
| $311K | ﹤0.01% |
+3,493
| New | +$310K |
2026 Q2
0 quarters
|
|
1114
DocuSign
DOCU
$15.2B
| $310K | ﹤0.01% |
6,979
-401
| -5% | -$18.8K |
2024 Q4
6 quarters
|
|
1115
Archer Aviation
ACHR
$3.37B
| $310K | ﹤0.01% |
65,452
+13,983
| +27% | +$81.3K |
2022 Q4
14 quarters
|
|
1116
Liberty Global Class C
LBTYK
$2.59B
| $309K | ﹤0.01% |
+28,078
| New | +$325K |
2026 Q2
0 quarters
|
|
1117
NIO
NIO
$8.32B
| $309K | ﹤0.01% |
61,012
+3,447
| +6% | +$20.1K |
2022 Q4
14 quarters
|
|
1118
NPK International
NPKI
$951M
| $309K | ﹤0.01% |
19,399
+671
| +4% | +$10.1K |
2025 Q4
2 quarters
|
|
1119
Dole
DOLE
$1.24B
| $308K | ﹤0.01% |
+22,482
| New | +$327K |
2026 Q2
0 quarters
|
|
1120
DELISTED
Avanos Medical
AVNS
| $308K | ﹤0.01% |
+12,381
| New | +$290K |
2026 Q2
0 quarters
|
|
1121
HealthEquity
HQY
$8.38B
| $308K | ﹤0.01% |
3,409
+930
| +38% | +$78.8K |
2024 Q4
6 quarters
|
|
1122
Protolabs
PRLB
$1.86B
| $307K | ﹤0.01% |
+3,768
| New | +$265K |
2026 Q2
0 quarters
|
|
1123
Douglas Emmett
DEI
$1.71B
| $305K | ﹤0.01% |
+25,880
| New | +$291K |
2026 Q2
0 quarters
|
|
1124
Sanmina
SANM
$9.28B
| $305K | ﹤0.01% |
+1,204
| New | +$264K |
2026 Q2
0 quarters
|
|
1125
Matsons
MATX
$6.79B
| $305K | ﹤0.01% |
1,585
+87
| +6% | +$15.9K |
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.