We are live on ! Find out more
NA

Note Advisors Portfolio holdings

AUM $200M
1-Year Est. Return 12.75%
This Fund
S&P 500
This Quarter Est. Return
+5.38%
1 Year Est. Return
+12.75%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$168M
AUM Growth
+$23.6M
Cap. Flow
+$15.8M
Cap. Flow %
9.36%
Top 10 Hldgs %
60.97%
Holding
83
New
9
Increased
52
Reduced
15
Closed
–

Top Buys

Rank Stock Value
1
DFCF icon
Dimensional Core Fixed Income ETF
DFCF
+$2.67M
2
DFAU icon
Dimensional US Core Equity Market ETF
DFAU
+$1.55M
3
DFAC icon
Dimensional US Core Equity 2 ETF
DFAC
+$1.26M
4
NYF icon
iShares New York Muni Bond ETF
NYF
+$1.22M
5
XHLF icon
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
XHLF
+$787K

Top Sells

Rank Stock Value
1
VONE icon
Vanguard Russell 1000 ETF
VONE
+$129K
2
MUB icon
iShares National Muni Bond ETF
MUB
+$58.3K
3
VWOB icon
Vanguard Emerging Markets Government Bond ETF
VWOB
+$39.6K
4
VTEB icon
Vanguard Tax-Exempt Bond Index Fund
VTEB
+$27.6K
5
PZT icon
Invesco New York AMT-Free Municipal Bond ETF
PZT
+$18K

Sector Composition

Rank Sector Weight
1 Technology 2.14%
2 Financials 1.49%
3 Communication Services 1.4%
4 Consumer Discretionary 1.38%
5 Industrials 0.56%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PZT icon
26
Invesco New York AMT-Free Municipal Bond ETF
PZT
$136M
$1.34M 0.8%
60,140
-833
-1% -$18K
VTEB icon
27
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.1B
$1.33M 0.79%
26,479
-562
-2% -$27.6K
MSFT icon
28
Microsoft
MSFT
$2.81T
$1.29M 0.77%
2,499
+737
+42% +$376K
MCD icon
29
McDonald's
MCD
$187B
$1.23M 0.73%
4,037
+55
+1% +$16.7K
IWB icon
30
iShares Russell 1000 ETF
IWB
$47.6B
$1.19M 0.71%
3,267
– –
EMTL
31
DELISTED
State Street DoubleLine Emerging Markets Fixed Income ETF
EMTL
$1.18M 0.7%
26,916
+1,276
+5% +$55.4K
IXUS icon
32
iShares Core MSCI Total International Stock ETF
IXUS
$57.4B
$1.15M 0.68%
13,910
-107
-0.8% -$8.51K
MUB icon
33
iShares National Muni Bond ETF
MUB
$44.9B
$1.08M 0.64%
10,180
-557
-5% -$58.3K
IAGG icon
34
iShares Core International Aggregate Bond Fund
IAGG
$10.6B
$1.06M 0.63%
20,761
+705
+4% +$36K
AAPL icon
35
Apple
AAPL
$4.71T
$1.04M 0.62%
4,101
+315
+8% +$71.2K
TIP icon
36
iShares TIPS Bond ETF
TIP
$14.5B
$951K 0.57%
8,555
+1,306
+18% +$144K
FPE icon
37
First Trust Preferred Securities and Income ETF
FPE
$6.3B
$946K 0.56%
51,885
+2,863
+6% +$51.7K
SPHY icon
38
State Street SPDR Portfolio High Yield Bond ETF
SPHY
$11.4B
$918K 0.55%
38,339
+4,080
+12% +$96.9K
NBTB icon
39
NBT Bancorp
NBTB
$2.66B
$811K 0.48%
19,415
+122
+0.6% +$5.23K
GIGB icon
40
Goldman Sachs Access Investment Grade Corporate Bond ETF
GIGB
$957M
$803K 0.48%
17,206
+773
+5% +$35.7K
XHLF icon
41
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
XHLF
$1.94B
$789K 0.47%
+15,643
New +$787K
VTC icon
42
Vanguard Total Corporate Bond ETF
VTC
$1.72B
$730K 0.43%
9,310
– –
VWOB icon
43
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.14B
$696K 0.41%
10,400
-601
-5% -$39.6K
UAL icon
44
United Airlines
UAL
$36.6B
$604K 0.36%
6,260
– –
VWO icon
45
Vanguard FTSE Emerging Markets ETF
VWO
$119B
$533K 0.32%
9,834
+409
+4% +$21.1K
AVGO icon
46
Broadcom
AVGO
$1.85T
$527K 0.31%
1,597
+147
+10% +$45.1K
VTI icon
47
Vanguard Total Stock Market ETF
VTI
$652B
$506K 0.3%
+1,543
New +$487K
XYLD icon
48
Global X S&P 500 Covered Call ETF
XYLD
$3.19B
$458K 0.27%
11,676
-268
-2% -$10.5K
GOOGL icon
49
Alphabet (Google) Class A
GOOGL
$3.88T
$447K 0.27%
1,837
+295
+19% +$61.8K
BRK.B icon
50
Berkshire Hathaway Class B
BRK.B
$1.06T
$445K 0.26%
886
+26
+3% +$12.6K
1
2
3 4

Similar funds

GAAM
Guinness Atkinson Asset Management Pasadena, California $200M AUM 29.97% 1-Year Est. Return
AF
AGP Franklin Franklin, Tennessee $200M AUM 39.84% 1-Year Est. Return
FCM
Freshford Capital Management Rye Brook, New York $200M AUM 31.49% 1-Year Est. Return
RCM
Ravenstone Capital Management Toronto $200M AUM 12.59% 1-Year Est. Return
SAM
Soviero Asset Management New York $200M AUM 134.59% 1-Year Est. Return
MLRA
Main Line Retirement Advisors Whitefish, Montana $200M AUM 15.21% 1-Year Est. Return
BAM
Bellevue Asset Management Bellevue, Washington $200M AUM 16.19% 1-Year Est. Return
LC
LRZ Capital Miami, Florida $200M AUM

Note Advisors's Q3 2025 Portfolio in Review

As of Q3 2025, Note Advisors held 83 positions worth $168M, up 16% from $145M the previous quarter. Its ten largest holdings account for 61% of the portfolio.

Note Advisors deployed $15.8M of net new capital in Q3 2025, opening 9 new positions and adding to 52 existing holdings. Its largest new stake was BondBloxx Bloomberg Six Month Target Duration US Treasury ETF: 15,643 shares worth $789K.

By sector, the portfolio is most concentrated in Technology at 2.1% of assets, up from 1.6% a quarter earlier, followed by Financials and Communication Services.

On the sell side, the largest reduction was Vanguard Russell 1000 ETF, an estimated $129K trimmed.

  • Note Advisors's largest Q3 2025 buy was BondBloxx Bloomberg Six Month Target Duration US Treasury ETF: 15,643 shares worth $789K.
  • Note Advisors added most to Dimensional Core Fixed Income ETF in Q3 2025, an estimated $2.67M increase.
  • Note Advisors's biggest Q3 2025 reduction was Vanguard Russell 1000 ETF, cutting an estimated $129K.
  • Note Advisors's ten largest holdings make up 61% of its $168M portfolio in Q3 2025.
  • Note Advisors opened 9 new positions and closed 0 in Q3 2025.
  • Note Advisors's portfolio value rose 16% quarter-over-quarter to $168M.

Based on Note Advisors's 13F filing for Q3 2025, filed 14 Nov 2025.