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ZF

Zhang Financial Portfolio holdings

AUM $3.42B
1-Year Est. Return 23.04%
This Fund
S&P 500
This Quarter Est. Return
+6.31%
1 Year Est. Return
+23.04%
3 Year Est. Return
+67.89%
5 Year Est. Return
+72.89%
10 Year Est. Return
+216.66%
AUM
$975M
AUM Growth
+$98.9M
Cap. Flow
+$45.8M
Cap. Flow %
4.7%
Top 10 Hldgs %
50.92%
Holding
255
New
26
Increased
103
Reduced
76
Closed
8

Top Buys

Rank Stock Value
1
DFUS
Dimensional US Equity ETF
DFUS
+$10.8M
2
VOO icon
Vanguard S&P 500 ETF
VOO
+$8.77M
3
VXUS icon
Vanguard Total International Stock ETF
VXUS
+$6.34M
4
BND icon
Vanguard Total Bond Market
BND
+$5.26M
5
SYK icon
Stryker
SYK
+$4.92M

Top Sells

Rank Stock Value
1
ICSH icon
iShares Ultra Short Duration Bond Active ETF
ICSH
+$4.36M
2
IAU icon
iShares Gold Trust
IAU
+$3.19M
3
VCSH icon
Vanguard Short-Term Corporate Bond ETF
VCSH
+$1.56M
4
SCHP icon
Schwab US TIPS ETF
SCHP
+$1.43M
5
TIP icon
iShares TIPS Bond ETF
TIP
+$1.16M

Sector Composition

Rank Sector Weight
1 Technology 7.26%
2 Healthcare 4.93%
3 Consumer Staples 2.24%
4 Financials 2.17%
5 Consumer Discretionary 1.78%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VTI icon
1
Vanguard Morningstar Total Stock Market ETF
VTI
$660B
$108M 11.06%
489,178
+3,260
+0.7% +$680K
ITOT icon
2
iShares Core S&P Total US Stock Market ETF
ITOT
$94.3B
$66.9M 6.87%
684,130
-1,057
-0.2% -$97.7K
VOO icon
3
Vanguard S&P 500 ETF
VOO
$979B
$63.6M 6.53%
156,290
+22,726
+17% +$8.77M
VBR icon
4
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.1B
$43M 4.41%
259,367
-6,352
-2% -$1M
DFUS
5
Dimensional US Equity ETF
DFUS
$20.8B
$42.8M 4.39%
888,361
+237,872
+37% +$10.8M
VT icon
6
Vanguard Total World Stock ETF
VT
$77.1B
$42M 4.31%
433,143
+6,686
+2% +$627K
VXUS icon
7
Vanguard Total International Stock ETF
VXUS
$155B
$39.3M 4.03%
701,440
+113,362
+19% +$6.34M
AAPL icon
8
Apple
AAPL
$4.54T
$34.5M 3.54%
178,729
-1,102
-0.6% -$192K
DFAC icon
9
Dimensional US Core Equity 2 ETF
DFAC
$47.9B
$29.3M 3.01%
1,079,232
+140,513
+15% +$3.62M
DFAI
10
Dimensional International Core Equity Market ETF
DFAI
$17.4B
$27M 2.77%
988,628
+130,833
+15% +$3.58M
IAU icon
11
iShares Gold Trust
IAU
$62.9B
$26.9M 2.76%
737,887
-85,223
-10% -$3.19M
SYK icon
12
Stryker
SYK
$125B
$23.9M 2.45%
78,610
+17,031
+28% +$4.92M
BND icon
13
Vanguard Total Bond Market
BND
$157B
$19.3M 1.98%
265,860
+71,795
+37% +$5.26M
MSFT icon
14
Microsoft
MSFT
$3.45T
$18.6M 1.91%
54,765
+1,723
+3% +$540K
VYM icon
15
Vanguard High Dividend Yield ETF
VYM
$80.9B
$18.2M 1.87%
171,625
+37,594
+28% +$3.94M
IWN icon
16
iShares Russell 2000 Value ETF
IWN
$14.3B
$17.2M 1.76%
121,861
-6,286
-5% -$850K
BKLC icon
17
BNY Mellon US Large Cap Core Equity ETF
BKLC
$5.49B
$16.1M 1.65%
579,603
-36,501
-6% -$953K
DFAU icon
18
Dimensional US Core Equity Market ETF
DFAU
$12.4B
$13M 1.33%
417,998
-23,907
-5% -$701K
VWO icon
19
Vanguard FTSE Emerging Markets ETF
VWO
$121B
$11.9M 1.22%
291,970
+5,844
+2% +$236K
BRK.B icon
20
Berkshire Hathaway Class B
BRK.B
$1.1T
$8.43M 0.86%
24,693
-158
-0.6% -$51.6K
VTV icon
21
Vanguard Morningstar Value ETF
VTV
$188B
$8.33M 0.86%
58,613
-114
-0.2% -$15.8K
IVV icon
22
iShares Core S&P 500 ETF
IVV
$878B
$8.2M 0.84%
18,402
+118
+0.6% +$49.7K
SCHB icon
23
Schwab US Broad Market ETF
SCHB
$43.2B
$7.43M 0.76%
430,767
-38,253
-8% -$624K
SUB icon
24
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
$7.06M 0.72%
67,907
-5,145
-7% -$536K
VO icon
25
Vanguard Morningstar Mid-Cap ETF
VO
$106B
$6.88M 0.71%
124,656
+45,380
+57% +$2.38M
1
2 3 4 5

Similar funds

CCM
Check Capital Management Costa Mesa, California $3.44B AUM 9.15% 1-Year Est. Return
CIA
Caledonia Investments (Australia) Sydney NSW, Australia $3.44B AUM 20.03% 1-Year Est. Return
JGC
J. Goldman & Co New York $3.44B AUM 33.8% 1-Year Est. Return
MCM
Marsico Capital Management Denver, Colorado $3.4B AUM 51.58% 1-Year Est. Return
PWP
Perfromance Wealth Partners Hinsdale, Illinois $3.45B AUM 29.14% 1-Year Est. Return
RBA
Richard Bernstein Advisors New York $3.45B AUM 16.24% 1-Year Est. Return
PCM
PAR Capital Management Boston, Massachusetts $3.45B AUM 28.5% 1-Year Est. Return
LNC
Lincoln National Corp Radnor, Pennsylvania $3.45B AUM 12.55% 1-Year Est. Return

Zhang Financial's Q2 2023 Portfolio in Review

As of Q2 2023, Zhang Financial held 255 positions worth $975M, up 11% from $876M the previous quarter. Its ten largest holdings account for 51% of the portfolio.

Zhang Financial deployed $45.8M of net new capital in Q2 2023, opening 26 new positions and adding to 103 existing holdings. Its largest new stake was Vanguard Morningstar Mega Cap Growth ETF: 37,210 shares worth $1.75M.

By sector, the portfolio is most concentrated in Technology at 7.3% of assets, up from 6.8% a quarter earlier, followed by Healthcare and Consumer Staples.

On the sell side, the largest reduction was iShares Ultra Short Duration Bond Active ETF, an estimated $4.36M trimmed.

  • Zhang Financial's largest Q2 2023 buy was Vanguard Morningstar Mega Cap Growth ETF: 37,210 shares worth $1.75M.
  • Zhang Financial added most to Dimensional US Equity ETF in Q2 2023, an estimated $10.8M increase.
  • Zhang Financial's biggest Q2 2023 reduction was iShares Ultra Short Duration Bond Active ETF, cutting an estimated $4.36M.
  • Zhang Financial fully exited Vanguard Mortgage-Backed Securities ETF in Q2 2023, selling an estimated $335K.
  • Zhang Financial's ten largest holdings make up 51% of its $975M portfolio in Q2 2023.
  • Zhang Financial opened 26 new positions and closed 8 in Q2 2023.
  • Zhang Financial's portfolio value rose 11% quarter-over-quarter to $975M.

Based on Zhang Financial's 13F filing for Q2 2023, filed 18 Jul 2023.