# Curbstone Financial Management Corp

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1608057. Source: https://holderbook.com/funds/1608057-curbstone-financial-management-corp/

- Reported value: $587.0M
- Positions: 215
- Weight of the ten largest: 34.2%
- Filed: 2026-07-14

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 |
|---|---|---|---|---|---|
| SPDR SERIES TRUST | [FLRN](https://holderbook.com/stocks/FLRN/) | $40.2M | 1,304,506 | 6.9% | 31 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $22.7M | 819,861 | 3.9% | 31 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $20.7M | 29,434 | 3.5% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $19.2M | 66,181 | 3.3% | 31 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $19.1M | 518,787 | 3.3% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $17.9M | 26,032 | 3.0% | 31 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $17.2M | 509,595 | 2.9% | 31 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $16.3M | 205,960 | 2.8% | 31 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $15.8M | 498,692 | 2.7% | 28 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $11.7M | 33,157 | 2.0% | 31 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $11.4M | 138,508 | 2.0% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $11.4M | 30,528 | 1.9% | 31 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $11.2M | 310,768 | 1.9% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $9.9M | 83,994 | 1.7% | 31 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $8.8M | 304,592 | 1.5% | 31 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $8.3M | 280,700 | 1.4% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $8.2M | 34,300 | 1.4% | 31 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $8.1M | 37,991 | 1.4% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $7.8M | 30,788 | 1.3% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $7.4M | 22,720 | 1.3% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $6.5M | 46,889 | 1.1% | 31 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $5.9M | 54,088 | 1.0% | 31 |
| EXXONMOBIL HOLDINGS CORP COM SHS | [XOM](https://holderbook.com/stocks/XOM/) | $5.6M | 41,214 | 1.0% | 1 |
| SCHWAB STRATEGIC TR | [SCHP](https://holderbook.com/stocks/SCHP/) | $5.5M | 206,870 | 0.9% | 31 |
| BARINGS CORPORATE INVS | [MCI](https://holderbook.com/stocks/MCI/) | $5.1M | 287,734 | 0.9% | 31 |
| J P MORGAN EXCHANGE TRADED F | [BBEU](https://holderbook.com/stocks/BBEU/) | $5.0M | 64,390 | 0.9% | 4 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $4.7M | 44,042 | 0.8% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $4.7M | 13,772 | 0.8% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $4.7M | 30,954 | 0.8% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $4.6M | 24,488 | 0.8% | 26 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $4.6M | 6,163 | 0.8% | 25 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $4.4M | 12,080 | 0.8% | 31 |
| SCHWAB STRATEGIC TR | [SCHZ](https://holderbook.com/stocks/SCHZ/) | $4.3M | 187,500 | 0.7% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $4.1M | 8,128 | 0.7% | 31 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $4.0M | 38,783 | 0.7% | 31 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $4.0M | 37,650 | 0.7% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $4.0M | 19,800 | 0.7% | 13 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $3.8M | 3,202 | 0.7% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $3.7M | 27,208 | 0.6% | 31 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $3.5M | 115,863 | 0.6% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $3.5M | 23,590 | 0.6% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.3M | 9,318 | 0.6% | 31 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $3.3M | 91,144 | 0.6% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $3.2M | 24,914 | 0.5% | 6 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $3.1M | 12,403 | 0.5% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $3.0M | 4 | 0.5% | 1 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $2.9M | 55,540 | 0.5% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $2.8M | 17,186 | 0.5% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $2.7M | 3,614 | 0.5% | 12 |
| ISHARES TR | [IOO](https://holderbook.com/stocks/IOO/) | $2.6M | 19,150 | 0.4% | 31 |
| AMPLIFY ETF TR | [HACK](https://holderbook.com/stocks/HACK/) | $2.6M | 24,740 | 0.4% | 10 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $2.5M | 15,054 | 0.4% | 31 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $2.5M | 28,638 | 0.4% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $2.5M | 30,346 | 0.4% | 31 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $2.4M | 26,508 | 0.4% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $2.4M | 26,354 | 0.4% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $2.3M | 7,832 | 0.4% | 31 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $2.3M | 9,126 | 0.4% | 4 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $2.3M | 27,722 | 0.4% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.3M | 6,510 | 0.4% | 31 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $2.3M | 12,984 | 0.4% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $2.3M | 2,152 | 0.4% | 9 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $2.2M | 5,962 | 0.4% | 6 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $2.2M | 36,232 | 0.4% | 31 |
| EXCHANGE TRADED CONCEPTS TRU | [ROBO](https://holderbook.com/stocks/ROBO/) | $2.2M | 25,206 | 0.4% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.1M | 5,450 | 0.4% | 11 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $2.0M | 21,940 | 0.3% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $2.0M | 1,668 | 0.3% | 7 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $1.9M | 4,036 | 0.3% | 31 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $1.9M | 6,986 | 0.3% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.9M | 3,230 | 0.3% | 5 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $1.9M | 18,296 | 0.3% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.8M | 6,726 | 0.3% | 31 |
| INVESCO EXCHANGE TRADED FD T | [PHO](https://holderbook.com/stocks/PHO/) | $1.8M | 26,150 | 0.3% | 31 |
| CHECK POINT SOFTWARE TECH LT | [CHKP](https://holderbook.com/stocks/CHKP/) | $1.7M | 13,198 | 0.3% | 31 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $1.7M | 16,532 | 0.3% | 31 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $1.7M | 9,950 | 0.3% | 31 |
| ISHARES TR | [IBMR](https://holderbook.com/stocks/IBMR/) | $1.7M | 66,170 | 0.3% | 5 |
| ISHARES TR | [IDV](https://holderbook.com/stocks/IDV/) | $1.7M | 40,360 | 0.3% | 22 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.7M | 14,574 | 0.3% | 31 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $1.6M | 19,628 | 0.3% | 5 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $1.6M | 4,410 | 0.3% | 31 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $1.6M | 16,750 | 0.3% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.6M | 28,180 | 0.3% | 25 |
| BLOOM ENERGY CORP | [BE](https://holderbook.com/stocks/BE/) | $1.6M | 5,166 | 0.3% | 4 |
| VICOR CORP | [VICR](https://holderbook.com/stocks/VICR/) | $1.6M | 4,100 | 0.3% | 3 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $1.5M | 21,128 | 0.3% | 25 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.5M | 10,256 | 0.3% | 31 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $1.5M | 21,750 | 0.3% | 11 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $1.4M | 4,468 | 0.2% | 31 |
| VERISK ANALYTICS INC | [VRSK](https://holderbook.com/stocks/VRSK/) | $1.4M | 7,830 | 0.2% | 31 |
| ULTA BEAUTY INC | [ULTA](https://holderbook.com/stocks/ULTA/) | $1.4M | 3,050 | 0.2% | 6 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $1.4M | 32,444 | 0.2% | 31 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $1.4M | 7,050 | 0.2% | 31 |
| SONOCO PRODS CO | [SON](https://holderbook.com/stocks/SON/) | $1.3M | 23,010 | 0.2% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.3M | 1,376 | 0.2% | 7 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $1.3M | 7,896 | 0.2% | 31 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $1.2M | 8,500 | 0.2% | 15 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $1.2M | 10,470 | 0.2% | 31 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $1.2M | 20,944 | 0.2% | 31 |

## 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 | +9.7% | +14.8% | -5.2% | 100% |
| Q1 2026 | -1.0% | -4.6% | +3.7% | 100% |
| Q4 2025 | +1.3% | +2.4% | -1.1% | 100% |
| Q3 2025 | +4.8% | +7.8% | -3.0% | 100% |
| Q2 2025 | +5.4% | +10.5% | -5.1% | 100% |
| Q1 2025 | +0.1% | -4.6% | +4.6% | 99% |
| Q4 2024 | -0.9% | +2.1% | -3.1% | 99% |
| Q3 2024 | +6.0% | +5.4% | +0.6% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $587.0M | 215 |
| Q1 2026 | $522.6M | 201 |
| Q4 2025 | $522.7M | 200 |
| Q3 2025 | $520.1M | 208 |
| Q2 2025 | $487.4M | 199 |
| Q1 2025 | $474.5M | 191 |
| Q4 2024 | $472.2M | 189 |
| Q3 2024 | $467.5M | 195 |
| Q2 2024 | $460.4M | 197 |
| Q1 2024 | $462.9M | 188 |
| Q4 2023 | $440.6M | 189 |
| Q3 2023 | $404.3M | 181 |