# Stearns Financial Services Group

> Institutional holdings reported to the SEC as of Q3 2020 on Form 13F. CIK 1569099. Source: https://holderbook.com/funds/1569099-stearns-financial-services-group/

- Reported value: $638.5M
- Positions: 207
- Weight of the ten largest: 63.8%
- Filed: 2020-10-30

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 | [BND](https://holderbook.com/stocks/BND/) | $71.5M | 810,927 | 11.2% | 8 |
| ISHARES GOLD TRUST | [IAUXXXX](https://holderbook.com/stocks/IAUXXXX/) | $51.0M | 2,833,801 | 8.0% | 8 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $47.3M | 938,237 | 7.4% | 8 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $46.4M | 203,683 | 7.3% | 8 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $41.1M | 319,810 | 6.4% | 8 |
| ISHARES TR | [IEI](https://holderbook.com/stocks/IEI/) | $36.9M | 276,511 | 5.8% | 8 |
| INNOVATOR ETFS TRUST | [PAPR](https://holderbook.com/stocks/PAPR/) | $33.6M | 1,259,827 | 5.3% | 3 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $33.3M | 653,325 | 5.2% | 8 |
| WISDOMTREE TR | [USMF](https://holderbook.com/stocks/USMF/) | $26.7M | 851,574 | 4.2% | 7 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $19.6M | 622,864 | 3.1% | 8 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $17.3M | 214,274 | 2.7% | 3 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $14.2M | 45,684 | 2.2% | 8 |
| INNOVATOR ETFS TRUST | [IJUL](https://holderbook.com/stocks/IJUL/) | $13.8M | 599,559 | 2.2% | 3 |
| INNOVATOR ETFS TRUST | [PMAR](https://holderbook.com/stocks/PMAR/) | $12.2M | 442,117 | 1.9% | 3 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $9.6M | 55,753 | 1.5% | 8 |
| ISHARES TR | [LRGF](https://holderbook.com/stocks/LRGF/) | $9.5M | 286,852 | 1.5% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $8.3M | 39,341 | 1.3% | 8 |
| INNOVATOR ETFS TRUST | [IJAN](https://holderbook.com/stocks/IJAN/) | $7.5M | 311,417 | 1.2% | 3 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $6.6M | 82,515 | 1.0% | 8 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $6.5M | 56,290 | 1.0% | 8 |
| INNOVATOR ETFS TRUST | [PSEP](https://holderbook.com/stocks/PSEP/) | $6.3M | 238,440 | 1.0% | 2 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $6.2M | 28,977 | 1.0% | 8 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $5.0M | 61,364 | 0.8% | 8 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $4.8M | 32,531 | 0.8% | 8 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $3.7M | 72,368 | 0.6% | 8 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $3.7M | 22,138 | 0.6% | 8 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $2.8M | 24,094 | 0.4% | 8 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $2.7M | 88,850 | 0.4% | 8 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $2.6M | 50,719 | 0.4% | 8 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $2.6M | 18,848 | 0.4% | 8 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.7M | 12,287 | 0.3% | 8 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.7M | 6,159 | 0.3% | 8 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $1.6M | 31,855 | 0.3% | 8 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.6M | 41,641 | 0.3% | 8 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $1.6M | 40,158 | 0.3% | 8 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $1.6M | 27,230 | 0.3% | 8 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $1.6M | 15,524 | 0.3% | 8 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.6M | 506 | 0.2% | 8 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $1.6M | 10,473 | 0.2% | 8 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $1.6M | 40,993 | 0.2% | 4 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $1.5M | 9,423 | 0.2% | 8 |
| VANGUARD INTL EQUITY INDEX F | [VSS](https://holderbook.com/stocks/VSS/) | $1.4M | 13,582 | 0.2% | 3 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.4M | 23,718 | 0.2% | 8 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.4M | 18,924 | 0.2% | 8 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $1.3M | 12,393 | 0.2% | 8 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $1.3M | 11,739 | 0.2% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.3M | 885 | 0.2% | 8 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.3M | 9,293 | 0.2% | 8 |
| LATTICE STRATEGIES TR | [RODM](https://holderbook.com/stocks/RODM/) | $1.2M | 46,528 | 0.2% | 8 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $1.2M | 44,406 | 0.2% | 8 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $1.2M | 14,305 | 0.2% | 8 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $1.1M | 8,239 | 0.2% | 8 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $1.1M | 4,309 | 0.2% | 8 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.1M | 10,833 | 0.2% | 8 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $1.1M | 18,561 | 0.2% | 2 |
| NUSHARES ETF TR | [NULG](https://holderbook.com/stocks/NULG/) | $1.1M | 21,126 | 0.2% | 8 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $1.1M | 17,244 | 0.2% | 8 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $1.1M | 43,920 | 0.2% | 8 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.1M | 4,806 | 0.2% | 8 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $998.0K | 15,673 | 0.2% | 8 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $991.0K | 5,945 | 0.2% | 8 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $959.0K | 4,796 | 0.2% | 8 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $948.0K | 7,794 | 0.1% | 8 |
| INNOVATOR ETFS TRUST | [PFEB](https://holderbook.com/stocks/PFEB/) | $922.0K | 36,518 | 0.1% | 3 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $921.0K | 16,655 | 0.1% | 8 |
| ISHARES TR | [IOO](https://holderbook.com/stocks/IOO/) | $908.0K | 16,131 | 0.1% | 8 |
| INNOVATOR ETFS TRUST | [PJUN](https://holderbook.com/stocks/PJUN/) | $879.0K | 30,269 | 0.1% | 2 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $876.0K | 36,370 | 0.1% | 8 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $868.0K | 23,638 | 0.1% | 8 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $866.0K | 9,881 | 0.1% | 8 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $864.0K | 17,492 | 0.1% | 8 |
| INNOVATOR ETFS TRUST | [PJAN](https://holderbook.com/stocks/PJAN/) | $840.0K | 28,636 | 0.1% | 3 |
| ISHARES TR | [SUSA](https://holderbook.com/stocks/SUSA/) | $837.0K | 5,691 | 0.1% | 8 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $824.0K | 5,769 | 0.1% | 8 |
| VANGUARD WORLD FD | [VSGX](https://holderbook.com/stocks/VSGX/) | $816.0K | 15,811 | 0.1% | 3 |
| ISHARES TR | [ESGD](https://holderbook.com/stocks/ESGD/) | $796.0K | 12,539 | 0.1% | 8 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $792.0K | 539 | 0.1% | 8 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $769.0K | 26,985 | 0.1% | 8 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $736.0K | 3,736 | 0.1% | 8 |
| NUSHARES ETF TR | [NULV](https://holderbook.com/stocks/NULV/) | $718.0K | 24,677 | 0.1% | 8 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $715.0K | 8,071 | 0.1% | 8 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $676.0K | 3,497 | 0.1% | 8 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $662.0K | 8,294 | 0.1% | 8 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $643.0K | 18,730 | 0.1% | 8 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $640.0K | 2 | 0.1% | 8 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $628.0K | 3,014 | 0.1% | 8 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $618.0K | 1,846 | 0.1% | 8 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $601.0K | 3,529 | 0.1% | 8 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $596.0K | 2,749 | 0.1% | 8 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $572.0K | 3,874 | 0.1% | 8 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $554.0K | 3,353 | 0.1% | 8 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $514.0K | 7,518 | 0.1% | 8 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $513.0K | 6,184 | 0.1% | 8 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $505.0K | 4,289 | 0.1% | 8 |
| INNOVATOR ETFS TRUST | [PAUG](https://holderbook.com/stocks/PAUG/) | $497.0K | 18,360 | 0.1% | 1 |
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $496.0K | 8,500 | 0.1% | 1 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $494.0K | 6,584 | 0.1% | 8 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $484.0K | 2,247 | 0.1% | 8 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $478.0K | 14,566 | 0.1% | 8 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $475.0K | 6,113 | 0.1% | 8 |

## 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 2020 | +5.3% | +8.6% | -3.3% | 100% |
| Q2 2020 | +13.3% | +19.6% | -6.3% | 100% |
| Q1 2020 | -13.7% | -19.9% | +6.2% | 100% |
| Q4 2019 | +5.0% | +8.5% | -3.4% | 100% |
| Q3 2019 | +0.9% | +1.3% | -0.4% | 100% |
| Q2 2019 | +2.5% | +3.7% | -1.2% | 100% |
| Q1 2019 | +9.3% | +13.0% | -3.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2020 | $638.5M | 207 |
| Q2 2020 | $636.3M | 192 |
| Q1 2020 | $563.3M | 205 |
| Q4 2019 | $605.0M | 188 |
| Q3 2019 | $566.2M | 172 |
| Q2 2019 | $547.7M | 177 |
| Q1 2019 | $529.6M | 170 |
| Q4 2018 | $488.4M | 170 |