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 | |
|---|---|---|---|---|---|---|---|
1176
Duolingo
DUOL
$6.31B
| $268K | ﹤0.01% |
+2,331
| New | +$255K |
2026 Q2
0 quarters
|
|
1177
Bankunited
BKU
$3.08B
| $268K | ﹤0.01% |
5,523
-47
| -0.8% | -$2.21K |
2023 Q4
10 quarters
|
|
1178
Ceco Environmental
CECO
$3.21B
| $267K | ﹤0.01% |
+2,945
| New | +$233K |
2026 Q2
0 quarters
|
|
1179
Park Hotels & Resorts
PK
$3.37B
| $267K | ﹤0.01% |
18,735
-7,904
| -30% | -$96.7K |
2024 Q4
6 quarters
|
|
1180
Vontier
VNT
$4.84B
| $266K | ﹤0.01% |
9,189
-5,889
| -39% | -$188K |
2025 Q2
4 quarters
|
|
1181
Madrigal Pharmaceuticals
MDGL
$9.9B
| $266K | ﹤0.01% |
496
+28
| +6% | +$14.3K |
2025 Q4
2 quarters
|
|
1182
RBC Bearings
RBC
$15.6B
| $264K | ﹤0.01% |
+410
| New | +$244K |
2026 Q2
0 quarters
|
|
1183
Tencent Music
TME
$13.6B
| $264K | ﹤0.01% |
31,616
+10,402
| +49% | +$95K |
2025 Q4
2 quarters
|
|
1184
Frontdoor
FTDR
$6B
| $263K | ﹤0.01% |
+3,386
| New | +$217K |
2026 Q2
0 quarters
|
|
1185
lululemon athletica
LULU
$12.7B
| $262K | ﹤0.01% |
2,296
-429
| -16% | -$57.3K |
2020 Q2
24 quarters
|
|
1186
Restaurant Brands International
QSR
$25.5B
| $262K | ﹤0.01% |
+3,607
| New | +$275K |
2026 Q2
0 quarters
|
|
1187
Diversified Healthcare Trust
DHC
$1.93B
| $261K | ﹤0.01% |
28,107
+3,263
| +13% | +$26.7K |
2022 Q4
14 quarters
|
|
1188
Harley-Davidson
HOG
$3.16B
| $259K | ﹤0.01% |
+10,600
| New | +$255K |
2026 Q2
0 quarters
|
|
1189
Dakota Gold
DC
$733M
| $259K | ﹤0.01% |
60,813
-22,592
| -27% | -$122K |
2024 Q1
9 quarters
|
|
1190
Marten Transport
MRTN
$948M
| $259K | ﹤0.01% |
+14,931
| New | +$237K |
2026 Q2
0 quarters
|
|
1191
Range Resources
RRC
$12.6B
| $258K | ﹤0.01% |
6,935
-221
| -3% | -$8.98K |
2025 Q4
2 quarters
|
|
1192
Royalty Pharma
RPRX
$29.3B
| $258K | ﹤0.01% |
4,597
+28
| +0.6% | +$1.46K |
2026 Q1
1 quarter
|
|
1193
Enlight Renewable Energy
ENLT
$9.6B
| $257K | ﹤0.01% |
+2,889
| New | +$255K |
2026 Q2
0 quarters
|
|
1194
Stantec
STN
$8.12B
| $257K | ﹤0.01% |
+3,731
| New | +$301K |
2026 Q2
0 quarters
|
|
1195
Scorpio Tankers
STNG
$4.72B
| $257K | ﹤0.01% |
3,711
+447
| +14% | +$35K |
2026 Q1
1 quarter
|
|
1196
Assured Guaranty
AGO
$3.11B
| $257K | ﹤0.01% |
+3,200
| New | +$253K |
2026 Q2
0 quarters
|
|
1197
MGIC Investment
MTG
$5.92B
| $255K | ﹤0.01% |
9,051
-1,095
| -11% | -$29.2K |
2025 Q2
4 quarters
|
|
1198
State Street SPDR S&P 500 ESG ETF
EFIV
$1.04B
| $255K | ﹤0.01% |
3,497
| – | – |
2025 Q2
4 quarters
|
|
1199
SouthState Bank Corp
SSB
$10.3B
| $255K | ﹤0.01% |
2,550
+34
| +1% | +$3.28K |
2026 Q1
1 quarter
|
|
1200
Axcelis
ACLS
$3.43B
| $254K | ﹤0.01% |
+1,340
| New | +$199K |
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.