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 | |
|---|---|---|---|---|---|---|---|
1151
James Hardie Industries
JHX
$15.6B
| $284K | ﹤0.01% |
10,844
-2,697
| -20% | -$59.3K |
2021 Q1
21 quarters
|
|
1152
Oruka Therapeutics
ORKA
$6.36B
| $282K | ﹤0.01% |
+2,965
| New | +$198K |
2026 Q2
0 quarters
|
|
1153
Visteon
VC
$1.81B
| $282K | ﹤0.01% |
2,840
+148
| +5% | +$16.2K |
2022 Q4
14 quarters
|
|
1154
iShares MSCI USA Quality Factor ETF
QUAL
$48.7B
| $281K | ﹤0.01% |
1,281
| – | – |
2024 Q4
6 quarters
|
|
1155
Jefferies Financial Group
JEF
$11.2B
| $280K | ﹤0.01% |
5,606
-409
| -7% | -$21.1K |
2021 Q4
18 quarters
|
|
1156
Boise Cascade
BCC
$2.7B
| $279K | ﹤0.01% |
3,599
+522
| +17% | +$38.7K |
2025 Q3
3 quarters
|
|
1157
UDR
UDR
$11.4B
| $279K | ﹤0.01% |
6,987
-13,663
| -66% | -$505K |
2025 Q4
2 quarters
|
|
1158
Park National Corp
PRK
$3.26B
| $279K | ﹤0.01% |
+1,523
| New | +$263K |
2026 Q2
0 quarters
|
|
1159
State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX
$493M
| $278K | ﹤0.01% |
+5,140
| New | +$273K |
2026 Q2
0 quarters
|
|
1160
Spectrum Brands
SPB
$1.87B
| $278K | ﹤0.01% |
+3,241
| New | +$262K |
2026 Q2
0 quarters
|
|
1161
Circle Internet Group
CRCL
$20.1B
| $277K | ﹤0.01% |
+4,422
| New | +$430K |
2026 Q2
0 quarters
|
|
1162
U.S. Small Cap Portfolio ETF Class Shares
DFAS
$15.4B
| $276K | ﹤0.01% |
3,355
-1,546
| -32% | -$120K |
2026 Q1
1 quarter
|
|
1163
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.7B
| $276K | ﹤0.01% |
+3,139
| New | +$268K |
2026 Q2
0 quarters
|
|
1164
Glacier Bancorp
GBCI
$6.33B
| $275K | ﹤0.01% |
5,339
+100
| +2% | +$4.82K |
2025 Q3
3 quarters
|
|
1165
ENI
E
$85.6B
| $275K | ﹤0.01% |
5,865
+1,302
| +29% | +$69.8K |
2026 Q1
1 quarter
|
|
1166
Nice
NICE
$6.71B
| $274K | ﹤0.01% |
3,018
-632
| -17% | -$61.3K |
2026 Q1
1 quarter
|
|
1167
Grupo Aeroportuario Centro Norte
OMAB
$4.93B
| $274K | ﹤0.01% |
2,424
-933
| -28% | -$101K |
2025 Q2
4 quarters
|
|
1168
Telephone and Data Systems
TDS
$3.91B
| $274K | ﹤0.01% |
+7,400
| New | +$312K |
2026 Q2
0 quarters
|
|
1169
SiriusPoint
SPNT
$3B
| $272K | ﹤0.01% |
11,348
+194
| +2% | +$4.44K |
2022 Q4
14 quarters
|
|
1170
Thor Industries
THO
$3.78B
| $271K | ﹤0.01% |
3,607
-645
| -15% | -$49.7K |
2024 Q4
6 quarters
|
|
1171
AZZ Inc
AZZ
$4.12B
| $270K | ﹤0.01% |
+1,744
| New | +$248K |
2026 Q2
0 quarters
|
|
1172
QuantumScape Corp
QS
$2.61B
| $270K | ﹤0.01% |
35,738
+4,144
| +13% | +$31.1K |
2024 Q4
6 quarters
|
|
|
1173
IES Holdings
IESC
$9.41B
| $270K | ﹤0.01% |
734
-42,580
| -98% | -$13.7M |
2026 Q1
1 quarter
|
|
1174
Vanguard Real Estate ETF
VNQ
$37.7B
| $270K | ﹤0.01% |
+2,796
| New | +$267K |
2026 Q2
0 quarters
|
|
1175
Autoliv
ALV
$8.39B
| $268K | ﹤0.01% |
+2,309
| New | +$274K |
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.