# Divergent Planning, LLC

> Institutional holdings reported to the SEC as of Q4 2025 on Form 13F. CIK 1730787. Source: https://holderbook.com/funds/1730787-divergent-planning-llc/

- Reported value: $391.5M
- Positions: 36
- Weight of the ten largest: 90.4%
- Filed: 2026-01-12

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 |
|---|---|---|---|---|---|
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $102.1M | 148,837 | 26.1% | 21 |
| AMERICAN CENTY ETF TR | [AVDV](https://holderbook.com/stocks/AVDV/) | $50.2M | 529,894 | 12.8% | 15 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $46.6M | 76,242 | 11.9% | 12 |
| JANUS DETROIT STR TR | [JMBS](https://holderbook.com/stocks/JMBS/) | $41.8M | 918,067 | 10.7% | 19 |
| AMERICAN CENTY ETF TR | [AVUS](https://holderbook.com/stocks/AVUS/) | $27.3M | 242,241 | 7.0% | 15 |
| DIMENSIONAL ETF TRUST | [DFAS](https://holderbook.com/stocks/DFAS/) | $25.4M | 361,021 | 6.5% | 8 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $21.1M | 417,349 | 5.4% | 7 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $14.7M | 292,191 | 3.8% | 17 |
| DIMENSIONAL ETF TRUST | [DFCF](https://holderbook.com/stocks/DFCF/) | $13.4M | 314,352 | 3.4% | 13 |
| RBB FD INC | [TBIL](https://holderbook.com/stocks/TBIL/) | $11.3M | 227,379 | 2.9% | 10 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $9.6M | 115,213 | 2.5% | 13 |
| AMERICAN CENTY ETF TR | [AVDE](https://holderbook.com/stocks/AVDE/) | $9.1M | 109,710 | 2.3% | 3 |
| SCHWAB STRATEGIC TR | [SCHC](https://holderbook.com/stocks/SCHC/) | $6.3M | 137,675 | 1.6% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.3M | 8,584 | 0.6% | 21 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $989.6K | 6,964 | 0.3% | 21 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $945.6K | 3,017 | 0.2% | 21 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $762.7K | 4,193 | 0.2% | 1 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $715.4K | 1,513 | 0.2% | 8 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $646.4K | 2,209 | 0.2% | 21 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $635.3K | 1,036 | 0.2% | 8 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $579.8K | 2,560 | 0.1% | 11 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $555.8K | 1,604 | 0.1% | 21 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $501.5K | 1,009 | 0.1% | 16 |
| ISHARES TR | [AOA](https://holderbook.com/stocks/AOA/) | $454.5K | 5,047 | 0.1% | 21 |
| ISHARES TR | [AOR](https://holderbook.com/stocks/AOR/) | $408.8K | 6,262 | 0.1% | 21 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $384.1K | 790 | 0.1% | 11 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $362.0K | 1,148 | 0.1% | 5 |
| INVESCO EXCH TRADED FD TR II | [SPLV](https://holderbook.com/stocks/SPLV/) | $337.6K | 4,741 | 0.1% | 21 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $322.8K | 960 | 0.1% | 3 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $308.7K | 775 | 0.1% | 4 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $302.1K | 1,162 | 0.1% | 3 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $294.7K | 469 | 0.1% | 3 |
| ISHARES TR | [AOK](https://holderbook.com/stocks/AOK/) | $242.0K | 6,001 | 0.1% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $219.6K | 1,163 | 0.1% | 2 |
| FS CREDIT OPPORTUNITIES CORP | [FSCO](https://holderbook.com/stocks/FSCO/) | $64.4K | 10,146 | 0.0% | 12 |
| HEALTH CATALYST INC | [HCAT](https://holderbook.com/stocks/HCAT/) | $25.1K | 10,998 | 0.0% | 3 |

## 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 |
|---|---|---|---|---|
| Q4 2025 | +2.0% | +2.4% | -0.4% | 100% |
| Q3 2025 | +6.0% | +7.8% | -1.8% | 100% |
| Q2 2025 | +6.6% | +10.5% | -3.9% | 99% |
| Q1 2025 | -2.3% | -4.6% | +2.3% | 101% |
| Q4 2024 | -1.1% | +2.1% | -3.3% | 100% |
| Q3 2024 | +5.3% | +5.4% | -0.2% | 99% |
| Q2 2024 | +0.4% | +4.0% | -3.7% | 101% |
| Q1 2024 | +5.4% | +10.0% | -4.7% | 101% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2025 | $391.5M | 36 |
| Q3 2025 | $376.2M | 35 |
| Q2 2025 | $338.4M | 35 |
| Q1 2025 | $301.4M | 30 |
| Q4 2024 | $292.4M | 28 |
| Q3 2024 | $268.3M | 29 |
| Q2 2024 | $250.9M | 28 |
| Q1 2024 | $236.7M | 28 |
| Q4 2023 | $207.1M | 26 |
| Q3 2023 | $185.7M | 24 |
| Q2 2023 | $190.9M | 26 |
| Q1 2023 | $177.7M | 22 |