# Narus Financial Partners, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1698091. Source: https://holderbook.com/funds/1698091-narus-financial-partners-llc/

- Reported value: $389.3M
- Positions: 177
- Weight of the ten largest: 56.4%
- Filed: 2026-07-31

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 |
|---|---|---|---|---|---|
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $151.5M | 1,337,289 | 38.9% | 22 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $13.2M | 69,259 | 3.4% | 22 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $11.8M | 32,031 | 3.0% | 22 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $8.6M | 120,118 | 2.2% | 22 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $7.7M | 38,370 | 2.0% | 18 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $6.3M | 78,625 | 1.6% | 22 |
| INVESCO EXCH TRADED FD TR II | [PSCT](https://holderbook.com/stocks/PSCT/) | $5.6M | 60,542 | 1.4% | 12 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $5.2M | 14,176 | 1.3% | 22 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $5.2M | 17,935 | 1.3% | 22 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $4.6M | 59,573 | 1.2% | 22 |
| VANGUARD WORLD FD | [VOX](https://holderbook.com/stocks/VOX/) | $3.9M | 21,329 | 1.0% | 13 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.8M | 10,531 | 1.0% | 19 |
| ISHARES TR | [SCZ](https://holderbook.com/stocks/SCZ/) | $3.6M | 43,185 | 0.9% | 22 |
| DIMENSIONAL ETF TRUST | [DFAS](https://holderbook.com/stocks/DFAS/) | $3.5M | 42,725 | 0.9% | 12 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $3.5M | 31,478 | 0.9% | 13 |
| J P MORGAN EXCHANGE TRADED F | [JPIE](https://holderbook.com/stocks/JPIE/) | $3.4M | 74,803 | 0.9% | 11 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $3.4M | 46,908 | 0.9% | 19 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $3.4M | 63,372 | 0.9% | 22 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $3.4M | 11,065 | 0.9% | 22 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $3.1M | 29,172 | 0.8% | 22 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $3.1M | 14,127 | 0.8% | 18 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $3.0M | 4,076 | 0.8% | 19 |
| SPDR SERIES TRUST | [SPTI](https://holderbook.com/stocks/SPTI/) | $2.8M | 98,954 | 0.7% | 22 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $2.7M | 18,532 | 0.7% | 16 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $2.6M | 29,904 | 0.7% | 22 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $2.6M | 32,320 | 0.7% | 22 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $2.6M | 3,718 | 0.7% | 18 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $2.5M | 3,317 | 0.6% | 22 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $2.3M | 21,774 | 0.6% | 22 |
| INVESCO DB MULTI-SECTOR COMM | [DBO](https://holderbook.com/stocks/DBO/) | $2.3M | 131,344 | 0.6% | 19 |
| VANECK ETF TRUST | [HYD](https://holderbook.com/stocks/HYD/) | $2.3M | 44,730 | 0.6% | 22 |
| DIMENSIONAL ETF TRUST | [DFSD](https://holderbook.com/stocks/DFSD/) | $2.3M | 47,509 | 0.6% | 11 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.1M | 2,868 | 0.6% | 19 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $2.1M | 13,498 | 0.6% | 22 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.1M | 8,607 | 0.5% | 22 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $2.1M | 20,716 | 0.5% | 22 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $2.0M | 6,593 | 0.5% | 15 |
| WISDOMTREE TR | [EPI](https://holderbook.com/stocks/EPI/) | $1.9M | 43,958 | 0.5% | 11 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.8M | 3,184 | 0.5% | 19 |
| J P MORGAN EXCHANGE TRADED F | [JMST](https://holderbook.com/stocks/JMST/) | $1.7M | 33,965 | 0.4% | 17 |
| ISHARES TR | [IXN](https://holderbook.com/stocks/IXN/) | $1.7M | 11,828 | 0.4% | 22 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.7M | 3,348 | 0.4% | 20 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.7M | 4,467 | 0.4% | 19 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $1.7M | 15,925 | 0.4% | 22 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $1.6M | 32,002 | 0.4% | 22 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $1.6M | 5,704 | 0.4% | 13 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $1.6M | 13,572 | 0.4% | 12 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $1.5M | 17,539 | 0.4% | 8 |
| GOLDMAN SACHS ETF TR | [GBIL](https://holderbook.com/stocks/GBIL/) | $1.5M | 14,755 | 0.4% | 17 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $1.5M | 24,732 | 0.4% | 22 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $1.5M | 19,239 | 0.4% | 18 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $1.4M | 11,657 | 0.4% | 13 |
| DIMENSIONAL ETF TRUST | [DFIS](https://holderbook.com/stocks/DFIS/) | $1.4M | 39,334 | 0.4% | 7 |
| SPDR SERIES TRUST | [SPTL](https://holderbook.com/stocks/SPTL/) | $1.4M | 52,391 | 0.4% | 16 |
| ISHARES TR | [IUSV](https://holderbook.com/stocks/IUSV/) | $1.3M | 12,175 | 0.3% | 22 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.3M | 3,978 | 0.3% | 22 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $1.2M | 6,324 | 0.3% | 20 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $1.2M | 6,707 | 0.3% | 19 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.2M | 8,360 | 0.3% | 19 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $1.2M | 14,199 | 0.3% | 9 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $1.1M | 3,804 | 0.3% | 22 |
| PIMCO ETF TR | [MINT](https://holderbook.com/stocks/MINT/) | $1.1M | 11,279 | 0.3% | 2 |
| BLACKROCK ETF TRUST II | [BINC](https://holderbook.com/stocks/BINC/) | $1.1M | 21,432 | 0.3% | 1 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.1M | 8,179 | 0.3% | 6 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $1.1M | 1,536 | 0.3% | 6 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.1M | 1,031 | 0.3% | 5 |
| NEW YORK LIFE INVTS ACTIVE E | [MMIT](https://holderbook.com/stocks/MMIT/) | $1.0M | 42,938 | 0.3% | 17 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.0M | 2,762 | 0.3% | 11 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $1.0M | 12,366 | 0.3% | 22 |
| AMERICAN CENTY ETF TR | [AVEM](https://holderbook.com/stocks/AVEM/) | $977.3K | 10,129 | 0.3% | 2 |
| AMERICAN CENTY ETF TR | [AVDE](https://holderbook.com/stocks/AVDE/) | $966.0K | 10,829 | 0.2% | 2 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $965.3K | 19,089 | 0.2% | 22 |
| DIMENSIONAL ETF TRUST | [DFUV](https://holderbook.com/stocks/DFUV/) | $917.1K | 16,671 | 0.2% | 17 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $912.8K | 11,414 | 0.2% | 22 |
| SPDR SERIES TRUST | [SPAB](https://holderbook.com/stocks/SPAB/) | $912.7K | 35,765 | 0.2% | 22 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $857.6K | 16,148 | 0.2% | 22 |
| ISHARES TR | [IYY](https://holderbook.com/stocks/IYY/) | $820.3K | 4,500 | 0.2% | 22 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $794.1K | 8,401 | 0.2% | 19 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $788.6K | 1,897 | 0.2% | 18 |
| SPDR SERIES TRUST | [SJNK](https://holderbook.com/stocks/SJNK/) | $762.8K | 30,474 | 0.2% | 14 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $754.1K | 16,631 | 0.2% | 17 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $748.9K | 1 | 0.2% | 4 |
| ISHARES TR | [AGZ](https://holderbook.com/stocks/AGZ/) | $722.6K | 6,613 | 0.2% | 18 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $721.6K | 2,103 | 0.2% | 11 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $713.5K | 6,520 | 0.2% | 6 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $711.9K | 7,528 | 0.2% | 22 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $704.4K | 1,475 | 0.2% | 5 |
| J P MORGAN EXCHANGE TRADED F | [JPIB](https://holderbook.com/stocks/JPIB/) | $693.1K | 14,336 | 0.2% | 11 |
| ISHARES TR | [ISCF](https://holderbook.com/stocks/ISCF/) | $684.3K | 15,807 | 0.2% | 11 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $652.1K | 7,890 | 0.2% | 22 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $632.8K | 9,367 | 0.2% | 20 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $620.6K | 4,988 | 0.2% | 5 |
| EMCOR GROUP INC | [EME](https://holderbook.com/stocks/EME/) | $614.9K | 741 | 0.2% | 12 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $600.9K | 2,388 | 0.2% | 15 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $596.6K | 3,599 | 0.2% | 4 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $583.4K | 7,488 | 0.1% | 16 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $574.9K | 2,366 | 0.1% | 19 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $570.3K | 7,988 | 0.1% | 5 |
| INVESCO ACTVELY MNGD ETC FD | [PDBC](https://holderbook.com/stocks/PDBC/) | $568.3K | 35,788 | 0.1% | 9 |
| INVESCO EXCHANGE TRADED FD T | [XMHQ](https://holderbook.com/stocks/XMHQ/) | $568.2K | 5,034 | 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 |
|---|---|---|---|---|
| Q2 2026 | +1.5% | +14.8% | -13.3% | 100% |
| Q1 2026 | +4.3% | -4.6% | +8.9% | 100% |
| Q4 2025 | +4.5% | +2.4% | +2.1% | 100% |
| Q3 2025 | +6.3% | +7.8% | -1.5% | 100% |
| Q2 2025 | +9.6% | +10.5% | -0.9% | 100% |
| Q1 2025 | -2.6% | -4.6% | +2.0% | 100% |
| Q4 2024 | +4.9% | +2.1% | +2.7% | 100% |
| Q3 2024 | +10.6% | +5.4% | +5.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $389.3M | 177 |
| Q1 2026 | $381.6M | 162 |
| Q4 2025 | $363.0M | 160 |
| Q3 2025 | $365.5M | 168 |
| Q2 2025 | $320.4M | 157 |
| Q1 2025 | $294.0M | 149 |
| Q4 2024 | $295.7M | 145 |
| Q3 2024 | $278.9M | 149 |
| Q2 2024 | $248.1M | 142 |
| Q1 2024 | $234.3M | 142 |
| Q4 2023 | $207.6M | 135 |
| Q3 2023 | $194.9M | 124 |