# BINGHAM OSBORN & SCARBOROUGH LLC

> Institutional holdings reported to the SEC as of Q3 2021 on Form 13F. CIK 1276673. Source: https://holderbook.com/funds/1276673-bingham-osborn-scarborough-llc/

- Reported value: $1.4B
- Positions: 157
- Weight of the ten largest: 80.8%
- Filed: 2021-10-26

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 |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $281.0M | 652,698 | 19.8% | 12 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $219.1M | 508,484 | 15.4% | 12 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $175.1M | 3,467,825 | 12.3% | 12 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $127.3M | 526,595 | 9.0% | 12 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $85.6M | 1,152,408 | 6.0% | 12 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $84.2M | 209,758 | 5.9% | 12 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $67.0M | 187,084 | 4.7% | 12 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $57.2M | 523,933 | 4.0% | 12 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $31.8M | 514,291 | 2.2% | 12 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $20.9M | 625,140 | 1.5% | 2 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $18.9M | 115,093 | 1.3% | 12 |
| DIMENSIONAL ETF TRUST | [DFAT](https://holderbook.com/stocks/DFAT/) | $16.7M | 376,074 | 1.2% | 1 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $14.8M | 115,530 | 1.0% | 12 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $14.5M | 102,586 | 1.0% | 12 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $13.5M | 172,520 | 0.9% | 12 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $12.6M | 125,486 | 0.9% | 9 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $11.7M | 15,140 | 0.8% | 12 |
| ISHARES TR | [IGM](https://holderbook.com/stocks/IGM/) | $11.6M | 28,750 | 0.8% | 12 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $9.7M | 53,051 | 0.7% | 12 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $9.4M | 92,638 | 0.7% | 12 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $8.4M | 138,181 | 0.6% | 12 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $8.2M | 37,110 | 0.6% | 12 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $7.7M | 49,146 | 0.5% | 12 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $7.0M | 24,798 | 0.5% | 12 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $3.7M | 25,466 | 0.3% | 12 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $3.4M | 67,351 | 0.2% | 12 |
| UNITY SOFTWARE INC | [U](https://holderbook.com/stocks/U/) | $3.2M | 25,338 | 0.2% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $3.0M | 10,929 | 0.2% | 12 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.9M | 887 | 0.2% | 12 |
| DIMENSIONAL ETF TRUST | [DFAC](https://holderbook.com/stocks/DFAC/) | $2.8M | 104,038 | 0.2% | 1 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $2.7M | 17,919 | 0.2% | 12 |
| CENTENE CORP DEL | [CNC](https://holderbook.com/stocks/CNC/) | $2.7M | 42,719 | 0.2% | 4 |
| FIRST REP BK SAN FRANCISCO C | [FRCB](https://holderbook.com/stocks/FRCB/) | $2.5M | 12,871 | 0.2% | 12 |
| ISHARES TR | [IDV](https://holderbook.com/stocks/IDV/) | $2.4M | 79,894 | 0.2% | 12 |
| SPDR SERIES TRUST | [SPYX](https://holderbook.com/stocks/SPYX/) | $2.4M | 22,318 | 0.2% | 12 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.1M | 777 | 0.1% | 12 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.1M | 12,809 | 0.1% | 12 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $2.1M | 5 | 0.1% | 12 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $1.8M | 6,879 | 0.1% | 12 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $1.7M | 33,580 | 0.1% | 12 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.6M | 617 | 0.1% | 12 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $1.6M | 5,997 | 0.1% | 12 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.6M | 9,893 | 0.1% | 12 |
| SPDR INDEX SHS FDS | [EFAX](https://holderbook.com/stocks/EFAX/) | $1.6M | 19,589 | 0.1% | 7 |
| DLH HLDGS CORP | [DLHC](https://holderbook.com/stocks/DLHC/) | $1.6M | 128,314 | 0.1% | 6 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.6M | 3,453 | 0.1% | 12 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $1.5M | 7,045 | 0.1% | 12 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.4M | 4,180 | 0.1% | 12 |
| VANGUARD WORLD FD | [VSGX](https://holderbook.com/stocks/VSGX/) | $1.4M | 22,249 | 0.1% | 5 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $1.3M | 3,952 | 0.1% | 12 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $1.3M | 8,548 | 0.1% | 12 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $1.2M | 17,146 | 0.1% | 12 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $1.2M | 3,013 | 0.1% | 12 |
| ISHARES TR | [IDU](https://holderbook.com/stocks/IDU/) | $1.1M | 13,472 | 0.1% | 12 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.1M | 4,767 | 0.1% | 12 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $1.0M | 4,665 | 0.1% | 12 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $1.0M | 15,732 | 0.1% | 12 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $940.0K | 6,726 | 0.1% | 12 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $909.0K | 16,604 | 0.1% | 4 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $908.0K | 3,969 | 0.1% | 12 |
| SPDR INDEX SHS FDS | [EEMX](https://holderbook.com/stocks/EEMX/) | $843.0K | 11,280 | 0.1% | 7 |
| VANGUARD WORLD FD | [ESGV](https://holderbook.com/stocks/ESGV/) | $821.0K | 10,261 | 0.1% | 5 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $785.0K | 7,751 | 0.1% | 12 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $754.0K | 2,478 | 0.1% | 9 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $707.0K | 4,177 | 0.0% | 12 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $702.0K | 6,121 | 0.0% | 12 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $689.0K | 2,099 | 0.0% | 12 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $671.0K | 5,209 | 0.0% | 9 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $640.0K | 8,466 | 0.0% | 2 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $631.0K | 7,241 | 0.0% | 12 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $630.0K | 2,863 | 0.0% | 12 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $608.0K | 1,064 | 0.0% | 9 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $600.0K | 5,566 | 0.0% | 12 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $598.0K | 10,988 | 0.0% | 12 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $598.0K | 2,885 | 0.0% | 6 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $597.0K | 11,201 | 0.0% | 12 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $594.0K | 3,090 | 0.0% | 12 |
| ISHARES TR | [SUSA](https://holderbook.com/stocks/SUSA/) | $586.0K | 6,105 | 0.0% | 12 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $586.0K | 10,847 | 0.0% | 12 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $582.0K | 1,488 | 0.0% | 12 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $561.0K | 2,427 | 0.0% | 9 |
| IDEXX LABS INC | [IDXX](https://holderbook.com/stocks/IDXX/) | $553.0K | 889 | 0.0% | 10 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $551.0K | 7,330 | 0.0% | 12 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $533.0K | 6,787 | 0.0% | 12 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $532.0K | 2,659 | 0.0% | 12 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $532.0K | 10,132 | 0.0% | 12 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $519.0K | 3,100 | 0.0% | 12 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $517.0K | 1,780 | 0.0% | 5 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $513.0K | 2,555 | 0.0% | 12 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $504.0K | 1,449 | 0.0% | 10 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $498.0K | 2,067 | 0.0% | 12 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $496.0K | 3,559 | 0.0% | 12 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $485.0K | 11,415 | 0.0% | 3 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $483.0K | 3,013 | 0.0% | 12 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $481.0K | 12,420 | 0.0% | 3 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $480.0K | 2,430 | 0.0% | 12 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $467.0K | 3,953 | 0.0% | 12 |
| SPDR SERIES TRUST | [SPTS](https://holderbook.com/stocks/SPTS/) | $467.0K | 15,238 | 0.0% | 3 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $452.0K | 1,910 | 0.0% | 4 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $448.0K | 16,583 | 0.0% | 12 |

## 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 2021 | -0.6% | +0.3% | -0.9% | 100% |
| Q2 2021 | +7.3% | +8.0% | -0.7% | 100% |
| Q1 2021 | +4.9% | +6.0% | -1.1% | 100% |
| Q4 2020 | +13.6% | +11.6% | +2.0% | 100% |
| Q3 2020 | +8.9% | +8.6% | +0.3% | 100% |
| Q2 2020 | +20.7% | +19.6% | +1.0% | 100% |
| Q1 2020 | -19.9% | -19.9% | +0.0% | 100% |
| Q4 2019 | +8.7% | +8.5% | +0.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2021 | $1.4B | 157 |
| Q2 2021 | $1.4B | 160 |
| Q1 2021 | $1.3B | 139 |
| Q4 2020 | $1.3B | 132 |
| Q3 2020 | $1.3B | 162 |
| Q2 2020 | $1.2B | 155 |
| Q1 2020 | $1.0B | 144 |
| Q4 2019 | $1.2B | 166 |
| Q3 2019 | $1.1B | 153 |
| Q2 2019 | $1.1B | 146 |
| Q1 2019 | $1.1B | 143 |
| Q4 2018 | $981.5M | 132 |