# &PARTNERS

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 107136. Source: https://holderbook.com/funds/107136-partners/

- Reported value: $24.4B
- Positions: 2,509
- Weight of the ten largest: 21.5%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $858.4M | 2,974,072 | 3.5% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $702.0M | 936,468 | 2.9% | 28 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $643.0M | 8,336,989 | 2.6% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $598.4M | 2,989,211 | 2.5% | 13 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $566.3M | 1,521,203 | 2.3% | 31 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $420.9M | 4,253,416 | 1.7% | 21 |
| DIMENSIONAL ETF TRUST | [DFAI](https://holderbook.com/stocks/DFAI/) | $405.6M | 9,826,699 | 1.7% | 10 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $361.2M | 956,184 | 1.5% | 11 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $342.9M | 959,152 | 1.4% | 25 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $331.3M | 3,429,402 | 1.4% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $322.1M | 1,356,188 | 1.3% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $306.3M | 935,957 | 1.3% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $251.3M | 336,534 | 1.0% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $248.6M | 214,598 | 1.0% | 27 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $241.1M | 353,195 | 1.0% | 21 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $217.0M | 180,745 | 0.9% | 17 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $209.6M | 4,325,800 | 0.9% | 11 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $205.7M | 809,873 | 0.8% | 31 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $186.1M | 2,160,364 | 0.8% | 11 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $175.3M | 2,115,509 | 0.7% | 10 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $170.6M | 303,172 | 0.7% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $162.9M | 1,439,555 | 0.7% | 18 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $150.7M | 423,378 | 0.6% | 23 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $149.2M | 434,725 | 0.6% | 31 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $143.6M | 607,172 | 0.6% | 11 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $143.5M | 653,307 | 0.6% | 10 |
| CAPITAL GROUP DIVIDEND VALUE | [CGDV](https://holderbook.com/stocks/CGDV/) | $141.9M | 2,876,171 | 0.6% | 18 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $139.2M | 1,185,234 | 0.6% | 22 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $136.5M | 1,916,431 | 0.6% | 11 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $131.6M | 603,952 | 0.5% | 11 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $130.8M | 181,284 | 0.5% | 23 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $126.9M | 854,086 | 0.5% | 30 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $123.2M | 131,634 | 0.5% | 17 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $117.6M | 110,167 | 0.5% | 22 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $117.6M | 234,928 | 0.5% | 31 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $114.3M | 1,466,522 | 0.5% | 11 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $111.9M | 152,043 | 0.5% | 13 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $111.3M | 300,858 | 0.5% | 16 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $109.3M | 108,055 | 0.4% | 11 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $107.2M | 425,683 | 0.4% | 25 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $107.0M | 254,220 | 0.4% | 11 |
| CAPITAL GROUP GROWTH ETF | [CGGR](https://holderbook.com/stocks/CGGR/) | $106.8M | 2,262,117 | 0.4% | 18 |
| CAPITAL GRP FIXED INCM ETF T | [CGCP](https://holderbook.com/stocks/CGCP/) | $106.6M | 4,779,471 | 0.4% | 10 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $101.7M | 280,838 | 0.4% | 10 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $100.1M | 732,418 | 0.4% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $97.7M | 277,010 | 0.4% | 25 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $96.9M | 1,202,798 | 0.4% | 11 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $92.9M | 376,961 | 0.4% | 11 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $88.8M | 328,339 | 0.4% | 22 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $88.3M | 91,869 | 0.4% | 7 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $88.0M | 530,923 | 0.4% | 23 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $86.8M | 218,626 | 0.4% | 10 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $86.7M | 591,584 | 0.4% | 31 |
| AMERICAN CENTY ETF TR | [AVLV](https://holderbook.com/stocks/AVLV/) | $85.2M | 933,121 | 0.3% | 8 |
| MORGAN STANLEY ETF TRUST | [EVIM](https://holderbook.com/stocks/EVIM/) | $84.8M | 1,589,828 | 0.3% | 8 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $83.3M | 437,082 | 0.3% | 13 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $80.2M | 913,761 | 0.3% | 22 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $78.1M | 269,706 | 0.3% | 24 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $78.1M | 183,176 | 0.3% | 11 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $77.1M | 658,408 | 0.3% | 11 |
| AMERICAN CENTY ETF TR | [AVDE](https://holderbook.com/stocks/AVDE/) | $76.6M | 858,519 | 0.3% | 10 |
| CAPITAL GROUP GBL GROWTH EQT | [CGGO](https://holderbook.com/stocks/CGGO/) | $76.5M | 1,805,738 | 0.3% | 17 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $72.7M | 151,689 | 0.3% | 10 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $72.6M | 213,317 | 0.3% | 10 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $72.3M | 562,388 | 0.3% | 24 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $71.4M | 318,744 | 0.3% | 31 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $70.7M | 1,185,271 | 0.3% | 28 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $70.5M | 1,666,682 | 0.3% | 18 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $70.5M | 121,087 | 0.3% | 10 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $70.2M | 198,131 | 0.3% | 16 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $70.0M | 1,382,506 | 0.3% | 9 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $68.3M | 200,613 | 0.3% | 10 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $64.4M | 424,987 | 0.3% | 10 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $63.7M | 471,030 | 0.3% | 13 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $63.0M | 286,055 | 0.3% | 31 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $63.0M | 382,673 | 0.3% | 10 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $61.6M | 248,107 | 0.3% | 10 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $59.9M | 137,597 | 0.2% | 7 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $59.8M | 160,214 | 0.2% | 10 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $58.7M | 709,689 | 0.2% | 9 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $55.4M | 106,787 | 0.2% | 11 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $55.3M | 401,071 | 0.2% | 11 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $55.3M | 182,529 | 0.2% | 11 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $54.8M | 602,718 | 0.2% | 22 |
| BLACKROCK ETF TRUST | [DYNF](https://holderbook.com/stocks/DYNF/) | $54.4M | 797,304 | 0.2% | 8 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $54.3M | 729,623 | 0.2% | 9 |
| CAPITAL GROUP CORE EQUITY ET | [CGUS](https://holderbook.com/stocks/CGUS/) | $54.2M | 1,217,530 | 0.2% | 17 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $54.0M | 415,549 | 0.2% | 11 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $53.4M | 144,903 | 0.2% | 11 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $53.2M | 285,912 | 0.2% | 11 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $53.0M | 450,237 | 0.2% | 8 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $52.3M | 357,315 | 0.2% | 31 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $51.8M | 243,367 | 0.2% | 10 |
| CAPITAL GROUP INTL FOCUS EQT | [CGXU](https://holderbook.com/stocks/CGXU/) | $51.7M | 1,491,516 | 0.2% | 17 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $51.1M | 123,068 | 0.2% | 24 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $50.9M | 268,122 | 0.2% | 11 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $50.8M | 403,145 | 0.2% | 10 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $49.4M | 163,510 | 0.2% | 11 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $48.6M | 94,251 | 0.2% | 10 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $48.3M | 63,153 | 0.2% | 11 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +10.9% | +14.8% | -3.9% | 100% |
| Q1 2026 | -1.8% | -4.6% | +2.9% | 100% |
| Q4 2025 | +1.6% | +2.4% | -0.8% | 100% |
| Q3 2025 | +6.0% | +7.8% | -1.8% | 100% |
| Q2 2025 | +6.9% | +10.5% | -3.5% | 100% |
| Q1 2025 | -1.7% | -4.6% | +2.8% | 99% |
| Q4 2024 | -1.0% | +2.1% | -3.1% | 100% |
| Q3 2024 | +6.6% | +5.4% | +1.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $24.4B | 2,509 |
| Q1 2026 | $20.2B | 2,395 |
| Q4 2025 | $19.1B | 2,282 |
| Q3 2025 | $15.6B | 2,120 |
| Q2 2025 | $13.0B | 1,992 |
| Q1 2025 | $9.4B | 1,753 |
| Q4 2024 | $8.3B | 1,641 |
| Q3 2024 | $5.2B | 1,390 |
| Q2 2024 | $2.3B | 914 |
| Q1 2024 | $725.8M | 491 |
| Q4 2023 | $410.6M | 294 |
| Q3 2023 | $214.2M | 183 |