# Portfolio Solutions, LLC

> Institutional holdings reported to the SEC as of Q3 2022 on Form 13F. CIK 1542606. Source: https://holderbook.com/funds/1542606-portfolio-solutions-llc/

- Reported value: $792.3M
- Positions: 55
- Weight of the ten largest: 84.9%
- Filed: 2022-11-14

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 |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $281.8M | 1,570,141 | 35.6% | 16 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $106.5M | 2,212,473 | 13.4% | 3 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $90.9M | 1,102,370 | 11.5% | 16 |
| VANGUARD INTL EQUITY INDEX F | [VPL](https://holderbook.com/stocks/VPL/) | $51.0M | 887,939 | 6.4% | 16 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $47.2M | 1,023,571 | 6.0% | 16 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $30.0M | 374,715 | 3.8% | 16 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $22.0M | 307,842 | 2.8% | 16 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $15.9M | 333,617 | 2.0% | 6 |
| ISHARES TR | [IAGG](https://holderbook.com/stocks/IAGG/) | $13.9M | 286,817 | 1.7% | 2 |
| SCHWAB STRATEGIC TR | [SCHP](https://holderbook.com/stocks/SCHP/) | $13.6M | 263,026 | 1.7% | 16 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $11.1M | 139,783 | 1.4% | 8 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $10.0M | 103,895 | 1.3% | 2 |
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $9.3M | 183,466 | 1.2% | 2 |
| ISHARES TR | [USHY](https://holderbook.com/stocks/USHY/) | $8.9M | 266,113 | 1.1% | 3 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $7.2M | 70,307 | 0.9% | 16 |
| ISHARES TR | [IEUR](https://holderbook.com/stocks/IEUR/) | $7.1M | 180,775 | 0.9% | 16 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $6.1M | 83,069 | 0.8% | 16 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $6.0M | 141,852 | 0.8% | 16 |
| SCHWAB STRATEGIC TR | [SCHC](https://holderbook.com/stocks/SCHC/) | $5.8M | 208,421 | 0.7% | 16 |
| DIMENSIONAL ETF TRUST | [DFAE](https://holderbook.com/stocks/DFAE/) | $5.0M | 249,747 | 0.6% | 3 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $4.8M | 215,904 | 0.6% | 16 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $4.8M | 64,528 | 0.6% | 4 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $4.4M | 115,201 | 0.5% | 16 |
| ISHARES TR | [IPAC](https://holderbook.com/stocks/IPAC/) | $4.0M | 84,079 | 0.5% | 16 |
| AMERICAN CENTY ETF TR | [AVDV](https://holderbook.com/stocks/AVDV/) | $3.8M | 79,160 | 0.5% | 3 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $3.3M | 34,495 | 0.4% | 1 |
| SCHWAB STRATEGIC TR | [SCHZ](https://holderbook.com/stocks/SCHZ/) | $2.7M | 58,835 | 0.3% | 16 |
| ISHARES TR | [ICSH](https://holderbook.com/stocks/ICSH/) | $1.6M | 31,147 | 0.2% | 3 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $1.5M | 14,375 | 0.2% | 5 |
| ISHARES TR | [CMF](https://holderbook.com/stocks/CMF/) | $1.3M | 23,532 | 0.2% | 16 |
| INVESCO EXCH TRADED FD TR II | [IFLN](https://holderbook.com/stocks/IFLN/) | $1.0M | 62,541 | 0.1% | 16 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $1.0M | 35,605 | 0.1% | 16 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $769.0K | 2,153 | 0.1% | 16 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $733.0K | 4,512 | 0.1% | 10 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $657.0K | 14,830 | 0.1% | 5 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $631.0K | 13,792 | 0.1% | 4 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $590.0K | 7,205 | 0.1% | 6 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $485.0K | 8,288 | 0.1% | 7 |
| J P MORGAN EXCHANGE TRADED F | [BBEU](https://holderbook.com/stocks/BBEU/) | $453.0K | 11,246 | 0.1% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $402.0K | 1,507 | 0.1% | 12 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $392.0K | 13,407 | 0.0% | 2 |
| ISHARES TR | [IYY](https://holderbook.com/stocks/IYY/) | $351.0K | 4,000 | 0.0% | 16 |
| ISHARES TR | [AAXJ](https://holderbook.com/stocks/AAXJ/) | $348.0K | 5,942 | 0.0% | 6 |
| VANGUARD BD INDEX FDS | [VUSB](https://holderbook.com/stocks/VUSB/) | $298.0K | 6,084 | 0.0% | 2 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $274.0K | 1,552 | 0.0% | 2 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $269.0K | 2,794 | 0.0% | 2 |
| ISHARES TR | [IWV](https://holderbook.com/stocks/IWV/) | $268.0K | 1,293 | 0.0% | 16 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $267.0K | 1,860 | 0.0% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $248.0K | 1,793 | 0.0% | 2 |
| DIMENSIONAL ETF TRUST | [DFUS](https://holderbook.com/stocks/DFUS/) | $235.0K | 6,064 | 0.0% | 6 |
| VANGUARD INTL EQUITY INDEX F | [VSS](https://holderbook.com/stocks/VSS/) | $235.0K | 2,531 | 0.0% | 10 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $228.0K | 4,080 | 0.0% | 7 |
| SCHWAB STRATEGIC TR | [SCHH](https://holderbook.com/stocks/SCHH/) | $213.0K | 11,384 | 0.0% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $212.0K | 1,880 | 0.0% | 1 |
| 3-D SYS CORP DEL | [DDD](https://holderbook.com/stocks/DDD/) | $105.0K | 13,115 | 0.0% | 1 |

## 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 | -6.5% | -5.3% | -1.2% | 100% |
| Q2 2022 | -14.9% | -16.5% | +1.6% | 100% |
| Q1 2022 | -5.4% | -4.9% | -0.5% | 100% |
| Q4 2021 | +5.8% | +10.7% | -4.9% | 100% |
| Q3 2021 | -1.4% | +0.3% | -1.7% | 99% |
| Q2 2021 | +6.1% | +8.0% | -1.9% | 100% |
| Q1 2021 | +8.0% | +6.0% | +2.0% | 100% |
| Q4 2020 | +15.8% | +11.6% | +4.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2022 | $792.3M | 55 |
| Q2 2022 | $783.2M | 54 |
| Q1 2022 | $783.1M | 49 |
| Q4 2021 | $826.1M | 43 |
| Q3 2021 | $805.9M | 42 |
| Q2 2021 | $858.3M | 47 |
| Q1 2021 | $824.1M | 42 |
| Q4 2020 | $763.0M | 37 |
| Q3 2020 | $719.7M | 51 |
| Q2 2020 | $700.2M | 50 |
| Q1 2020 | $615.9M | 44 |
| Q4 2019 | $748.0M | 44 |