# DOWLING & YAHNKE LLC

> Institutional holdings reported to the SEC as of Q3 2022 on Form 13F. CIK 1133197. Source: https://holderbook.com/funds/1133197-dowling-yahnke-llc/

- Reported value: $2.1B
- Positions: 373
- Weight of the ten largest: 29.7%
- Filed: 2022-11-03

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 |
|---|---|---|---|---|---|
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $107.5M | 1,436,927 | 5.0% | 15 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $83.0M | 1,724,896 | 3.9% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $70.9M | 512,794 | 3.3% | 14 |
| RELIANCE INC | [RS](https://holderbook.com/stocks/RS/) | $65.9M | 377,998 | 3.1% | 16 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $57.6M | 807,262 | 2.7% | 16 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $55.0M | 1,201,171 | 2.6% | 13 |
| DIMENSIONAL ETF TRUST | [DFAT](https://holderbook.com/stocks/DFAT/) | $51.5M | 1,321,201 | 2.4% | 6 |
| DIMENSIONAL ETF TRUST | [DFAC](https://holderbook.com/stocks/DFAC/) | $50.3M | 2,260,750 | 2.3% | 6 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $48.5M | 147,697 | 2.3% | 16 |
| DIMENSIONAL ETF TRUST | [DFUS](https://holderbook.com/stocks/DFUS/) | $48.4M | 1,245,917 | 2.3% | 6 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $46.7M | 628,054 | 2.2% | 16 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $44.0M | 784,711 | 2.0% | 16 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $40.1M | 172,387 | 1.9% | 16 |
| DIMENSIONAL ETF TRUST | [DFUV](https://holderbook.com/stocks/DFUV/) | $35.7M | 1,204,826 | 1.7% | 2 |
| J P MORGAN EXCHANGE TRADED F | [JMST](https://holderbook.com/stocks/JMST/) | $35.6M | 707,864 | 1.7% | 6 |
| VANGUARD WHITEHALL FDS | [VWOB](https://holderbook.com/stocks/VWOB/) | $35.3M | 614,087 | 1.6% | 16 |
| DIMENSIONAL ETF TRUST | [DFAI](https://holderbook.com/stocks/DFAI/) | $32.8M | 1,520,432 | 1.5% | 2 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $29.2M | 258,517 | 1.4% | 14 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $24.5M | 509,905 | 1.1% | 9 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $21.6M | 487,747 | 1.0% | 16 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $21.6M | 42,702 | 1.0% | 16 |
| DIMENSIONAL ETF TRUST | [DFIV](https://holderbook.com/stocks/DFIV/) | $20.9M | 811,807 | 1.0% | 5 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $20.4M | 76,324 | 0.9% | 14 |
| DIMENSIONAL ETF TRUST | [DFAS](https://holderbook.com/stocks/DFAS/) | $19.4M | 417,338 | 0.9% | 6 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $19.2M | 40,628 | 0.9% | 16 |
| VANGUARD WORLD FD | [VPU](https://holderbook.com/stocks/VPU/) | $19.0M | 133,392 | 0.9% | 16 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $18.2M | 190,667 | 0.8% | 16 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $18.0M | 55,632 | 0.8% | 16 |
| REVVITY INC | [RVTY](https://holderbook.com/stocks/RVTY/) | $16.4M | 136,399 | 0.8% | 4 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $16.1M | 142,895 | 0.8% | 16 |
| VANGUARD WORLD FD | [VDE](https://holderbook.com/stocks/VDE/) | $15.8M | 155,429 | 0.7% | 16 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $15.5M | 94,777 | 0.7% | 16 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $15.3M | 55,345 | 0.7% | 16 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $13.8M | 77,564 | 0.6% | 16 |
| ISHARES TR | [SOXX](https://holderbook.com/stocks/SOXX/) | $13.5M | 42,406 | 0.6% | 16 |
| IONIS PHARMACEUTICALS INC | [IONS](https://holderbook.com/stocks/IONS/) | $13.4M | 302,571 | 0.6% | 16 |
| VANGUARD WORLD FD | [VAW](https://holderbook.com/stocks/VAW/) | $13.2M | 89,236 | 0.6% | 16 |
| VANGUARD INTL EQUITY INDEX F | [VNQI](https://holderbook.com/stocks/VNQI/) | $12.3M | 321,087 | 0.6% | 16 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $11.9M | 41,863 | 0.6% | 16 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $11.9M | 44,790 | 0.6% | 11 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $11.5M | 159,212 | 0.5% | 16 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $10.5M | 29,449 | 0.5% | 16 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $10.5M | 78,132 | 0.5% | 16 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $10.1M | 43,765 | 0.5% | 16 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $9.7M | 51,449 | 0.5% | 16 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $9.6M | 100,255 | 0.4% | 16 |
| ISHARES TR | [IJT](https://holderbook.com/stocks/IJT/) | $9.6M | 94,710 | 0.4% | 16 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $9.5M | 91,188 | 0.4% | 16 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $9.5M | 30,851 | 0.4% | 16 |
| DIMENSIONAL ETF TRUST | [DIHP](https://holderbook.com/stocks/DIHP/) | $9.3M | 488,006 | 0.4% | 2 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $9.3M | 35,941 | 0.4% | 16 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $9.1M | 105,758 | 0.4% | 16 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $9.1M | 58,568 | 0.4% | 15 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $9.1M | 95,973 | 0.4% | 16 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $9.0M | 47,857 | 0.4% | 16 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $8.9M | 204,469 | 0.4% | 16 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $8.9M | 39,512 | 0.4% | 14 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $8.7M | 103,746 | 0.4% | 16 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $8.6M | 66,573 | 0.4% | 16 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $8.5M | 67,244 | 0.4% | 16 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $8.5M | 43,473 | 0.4% | 16 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $8.4M | 62,291 | 0.4% | 14 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $8.4M | 51,386 | 0.4% | 16 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $8.3M | 135,154 | 0.4% | 16 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $8.0M | 29,187 | 0.4% | 16 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $8.0M | 112,413 | 0.4% | 16 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $8.0M | 40,915 | 0.4% | 16 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $7.7M | 256,373 | 0.4% | 14 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $7.6M | 79,018 | 0.4% | 14 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $7.6M | 96,412 | 0.4% | 16 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $7.6M | 45,286 | 0.4% | 16 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $7.5M | 110,671 | 0.4% | 16 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $7.5M | 33,391 | 0.4% | 14 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $7.5M | 187,005 | 0.3% | 16 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $7.1M | 14,060 | 0.3% | 16 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $6.9M | 50,884 | 0.3% | 16 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $6.9M | 23,477 | 0.3% | 16 |
| MARZETTI COMPANY | [MZTI](https://holderbook.com/stocks/MZTI/) | $6.8M | 44,950 | 0.3% | 16 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $6.7M | 37,480 | 0.3% | 16 |
| ISHARES TR | [IBB](https://holderbook.com/stocks/IBB/) | $6.7M | 56,977 | 0.3% | 16 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $6.6M | 41,099 | 0.3% | 16 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $6.6M | 82,088 | 0.3% | 16 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $6.5M | 162,398 | 0.3% | 16 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $6.5M | 68,136 | 0.3% | 16 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $6.4M | 16,483 | 0.3% | 16 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $6.4M | 74,001 | 0.3% | 16 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $6.4M | 38,721 | 0.3% | 16 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $6.3M | 216,501 | 0.3% | 16 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $6.2M | 16,143 | 0.3% | 16 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $6.2M | 36,483 | 0.3% | 15 |
| DIMENSIONAL ETF TRUST | [DISV](https://holderbook.com/stocks/DISV/) | $6.2M | 334,366 | 0.3% | 2 |
| VANGUARD WORLD FD | [VFH](https://holderbook.com/stocks/VFH/) | $6.2M | 83,290 | 0.3% | 16 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $5.9M | 22,958 | 0.3% | 16 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $5.8M | 48,018 | 0.3% | 16 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $5.7M | 69,877 | 0.3% | 10 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $5.5M | 36,958 | 0.3% | 14 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $5.5M | 12,014 | 0.3% | 14 |
| VANGUARD WORLD FD | [VOX](https://holderbook.com/stocks/VOX/) | $5.4M | 65,724 | 0.3% | 16 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $5.1M | 58,432 | 0.2% | 16 |
| DIMENSIONAL ETF TRUST | [DFAE](https://holderbook.com/stocks/DFAE/) | $5.1M | 253,076 | 0.2% | 2 |

## 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 |
|---|---|---|---|---|
| Q3 2022 | -5.0% | -5.3% | +0.3% | 100% |
| Q2 2022 | -13.2% | -16.5% | +3.2% | 100% |
| Q1 2022 | -4.2% | -4.9% | +0.7% | 100% |
| Q4 2021 | +8.3% | +10.7% | -2.4% | 100% |
| Q3 2021 | -1.2% | +0.3% | -1.4% | 100% |
| Q2 2021 | +6.6% | +8.0% | -1.5% | 100% |
| Q1 2021 | +5.3% | +6.0% | -0.7% | 100% |
| Q4 2020 | +12.8% | +11.6% | +1.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2022 | $2.1B | 373 |
| Q2 2022 | $2.1B | 374 |
| Q1 2022 | $2.3B | 375 |
| Q4 2021 | $2.1B | 377 |
| Q3 2021 | $1.8B | 372 |
| Q2 2021 | $1.7B | 367 |
| Q1 2021 | $1.5B | 337 |
| Q4 2020 | $1.4B | 328 |
| Q3 2020 | $1.2B | 307 |
| Q2 2020 | $1.2B | 294 |
| Q1 2020 | $1.0B | 289 |
| Q4 2019 | $1.3B | 377 |