# Tolleson Wealth Management, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1772937. Source: https://holderbook.com/funds/1772937-tolleson-wealth-management-inc/

- Reported value: $741.9M
- Positions: 96
- Weight of the ten largest: 80.9%
- Filed: 2026-08-13

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 | [LRGF](https://holderbook.com/stocks/LRGF/) | $176.0M | 2,326,510 | 23.7% | 15 |
| ISHARES TR | [INTF](https://holderbook.com/stocks/INTF/) | $126.1M | 3,078,519 | 17.0% | 15 |
| SPDR SERIES TRUST | [QUS](https://holderbook.com/stocks/QUS/) | $95.7M | 511,934 | 12.9% | 26 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $43.9M | 267,378 | 5.9% | 28 |
| VANGUARD SCOTTSDALE FDS | [VONG](https://holderbook.com/stocks/VONG/) | $43.5M | 340,015 | 5.9% | 6 |
| BLACKROCK ETF TRUST II | [HIMU](https://holderbook.com/stocks/HIMU/) | $31.2M | 625,952 | 4.2% | 6 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $26.8M | 266,040 | 3.6% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $24.4M | 291,927 | 3.3% | 28 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $20.1M | 26,871 | 2.7% | 31 |
| ISHARES TR | [IQLT](https://holderbook.com/stocks/IQLT/) | $12.8M | 259,003 | 1.7% | 23 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $9.7M | 14,147 | 1.3% | 23 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $8.6M | 82,474 | 1.2% | 28 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $7.2M | 57,800 | 1.0% | 28 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $6.6M | 60,023 | 0.9% | 28 |
| FIRST TR EXCHNG TRADED FD VI | [UCON](https://holderbook.com/stocks/UCON/) | $6.4M | 257,263 | 0.9% | 19 |
| ISHARES TR | [USHY](https://holderbook.com/stocks/USHY/) | $5.6M | 150,600 | 0.8% | 17 |
| VANGUARD SCOTTSDALE FDS | [VTHR](https://holderbook.com/stocks/VTHR/) | $5.4M | 16,221 | 0.7% | 22 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $5.1M | 20,958 | 0.7% | 28 |
| GALAXY DIGITAL INC. | [GLXY](https://holderbook.com/stocks/GLXY/) | $4.8M | 175,000 | 0.6% | 5 |
| NUSHARES ETF TR | [NULC](https://holderbook.com/stocks/NULC/) | $4.6M | 84,162 | 0.6% | 15 |
| ISHARES TR | [AAXJ](https://holderbook.com/stocks/AAXJ/) | $4.1M | 33,957 | 0.5% | 28 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $3.9M | 5,240 | 0.5% | 28 |
| ISHARES TR | [IWV](https://holderbook.com/stocks/IWV/) | $3.9M | 9,066 | 0.5% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $2.8M | 5,388 | 0.4% | 31 |
| INVESCO EXCHANGE TRADED FD T | [XSMO](https://holderbook.com/stocks/XSMO/) | $2.8M | 29,468 | 0.4% | 31 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $2.7M | 18,646 | 0.4% | 26 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $2.7M | 2,683 | 0.4% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.5M | 12,710 | 0.3% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.2M | 7,712 | 0.3% | 31 |
| INVESCO EXCHANGE TRADED FD T | [XSVM](https://holderbook.com/stocks/XSVM/) | $2.1M | 30,000 | 0.3% | 31 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $2.0M | 28,361 | 0.3% | 7 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $2.0M | 24,092 | 0.3% | 12 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.0M | 5,277 | 0.3% | 31 |
| QUAKER INVT TR | [OWNS](https://holderbook.com/stocks/OWNS/) | $2.0M | 113,332 | 0.3% | 10 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $1.8M | 20,631 | 0.2% | 28 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $1.8M | 62,668 | 0.2% | 26 |
| NUSHARES ETF TR | [NUEM](https://holderbook.com/stocks/NUEM/) | $1.4M | 34,096 | 0.2% | 19 |
| TCW ETF TRUST | [VOTE](https://holderbook.com/stocks/VOTE/) | $1.4M | 15,828 | 0.2% | 9 |
| ISHARES TR | [USIG](https://holderbook.com/stocks/USIG/) | $1.3M | 26,154 | 0.2% | 17 |
| INVESCO GALAXY BITCOIN ETF | [BTCO](https://holderbook.com/stocks/BTCO/) | $1.3M | 21,530 | 0.2% | 6 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $1.2M | 2,942 | 0.2% | 31 |
| ETFS GOLD TR | [SGOL](https://holderbook.com/stocks/SGOL/) | $1.1M | 27,575 | 0.1% | 3 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $998.8K | 11,683 | 0.1% | 26 |
| BLACKROCK ETF TRUST II | [SHYM](https://holderbook.com/stocks/SHYM/) | $965.9K | 43,025 | 0.1% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $947.6K | 3,976 | 0.1% | 9 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $932.7K | 9,669 | 0.1% | 31 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $932.7K | 9,423 | 0.1% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $932.3K | 1,266 | 0.1% | 1 |
| ISHARES INC | [EUSA](https://holderbook.com/stocks/EUSA/) | $911.0K | 7,978 | 0.1% | 10 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $890.4K | 2,417 | 0.1% | 25 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $889.3K | 4,668 | 0.1% | 19 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $867.7K | 26,065 | 0.1% | 3 |
| USA COMPRESSION PARTNERS LP | [USAC](https://holderbook.com/stocks/USAC/) | $813.8K | 30,837 | 0.1% | 31 |
| ISHARES TR | [SDG](https://holderbook.com/stocks/SDG/) | $803.1K | 8,980 | 0.1% | 15 |
| D R HORTON INC | [DHI](https://holderbook.com/stocks/DHI/) | $799.1K | 4,906 | 0.1% | 25 |
| ISHARES TR | [EFAV](https://holderbook.com/stocks/EFAV/) | $717.2K | 8,177 | 0.1% | 26 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $700.1K | 1,892 | 0.1% | 1 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $692.1K | 1,690 | 0.1% | 28 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $672.0K | 2,217 | 0.1% | 28 |
| NETAPP INC | [NTAP](https://holderbook.com/stocks/NTAP/) | $664.1K | 4,291 | 0.1% | 13 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $662.0K | 7,920 | 0.1% | 8 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $648.9K | 2,957 | 0.1% | 27 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $638.9K | 600 | 0.1% | 5 |
| NUSHARES ETF TR | [NUDM](https://holderbook.com/stocks/NUDM/) | $579.5K | 14,479 | 0.1% | 15 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $558.9K | 4,003 | 0.1% | 1 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $554.0K | 1,615 | 0.1% | 31 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $501.7K | 6,650 | 0.1% | 3 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $493.8K | 2,205 | 0.1% | 31 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $470.4K | 8,082 | 0.1% | 22 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $463.1K | 2,259 | 0.1% | 31 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $457.5K | 5,721 | 0.1% | 31 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $455.9K | 4,720 | 0.1% | 3 |
| ISHARES INC | [EEMA](https://holderbook.com/stocks/EEMA/) | $452.9K | 3,872 | 0.1% | 26 |
| AFFILIATED MANAGERS GROUP | [AMG](https://holderbook.com/stocks/AMG/) | $447.4K | 1,322 | 0.1% | 11 |
| ISHARES TR | [ICF](https://holderbook.com/stocks/ICF/) | $444.7K | 6,576 | 0.1% | 28 |
| VANGUARD CALIF TAX FREE FDS | [VTEC](https://holderbook.com/stocks/VTEC/) | $410.4K | 4,080 | 0.1% | 8 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $382.0K | 8,426 | 0.1% | 7 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $366.7K | 2,311 | 0.0% | 7 |
| MFS INTER INCOME TR | [MIN](https://holderbook.com/stocks/MIN/) | $336.9K | 136,417 | 0.0% | 11 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $336.7K | 4,053 | 0.0% | 7 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $327.1K | 3,201 | 0.0% | 31 |
| VANGUARD INTL EQUITY INDEX F | [VPL](https://holderbook.com/stocks/VPL/) | $310.5K | 2,684 | 0.0% | 26 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $269.4K | 2,000 | 0.0% | 8 |
| SPDR SERIES TRUST | [SPAB](https://holderbook.com/stocks/SPAB/) | $259.8K | 10,180 | 0.0% | 17 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $252.9K | 969 | 0.0% | 31 |
| FLEXSHARES TR | [GUNR](https://holderbook.com/stocks/GUNR/) | $246.4K | 5,000 | 0.0% | 2 |
| LAUDER ESTEE COS INC | [EL](https://holderbook.com/stocks/EL/) | $240.6K | 3,047 | 0.0% | 31 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $238.1K | 1,100 | 0.0% | 5 |
| KRONOS WORLDWIDE INC | [KRO](https://holderbook.com/stocks/KRO/) | $238.0K | 37,595 | 0.0% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $234.2K | 468 | 0.0% | 1 |
| ISHARES INC | [EEMV](https://holderbook.com/stocks/EEMV/) | $231.9K | 3,081 | 0.0% | 1 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $231.7K | 2,876 | 0.0% | 3 |
| SPDR SERIES TRUST | [XBI](https://holderbook.com/stocks/XBI/) | $226.9K | 1,434 | 0.0% | 1 |
| UNIVERSAL DISPLAY CORP | [OLED](https://holderbook.com/stocks/OLED/) | $216.0K | 2,494 | 0.0% | 3 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $203.7K | 1,704 | 0.0% | 1 |
| BLACKROCK INCOME TR INC | [BKT](https://holderbook.com/stocks/BKT/) | $169.9K | 15,852 | 0.0% | 11 |

## 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 | +10.4% | +14.8% | -4.4% | 100% |
| Q1 2026 | -2.3% | -4.6% | +2.4% | 100% |
| Q4 2025 | +1.4% | +2.4% | -0.9% | 100% |
| Q3 2025 | +6.4% | +7.8% | -1.5% | 100% |
| Q2 2025 | +8.7% | +10.5% | -1.7% | 100% |
| Q1 2025 | -0.3% | -4.6% | +4.3% | 100% |
| Q4 2024 | -1.6% | +2.1% | -3.8% | 100% |
| Q3 2024 | +6.3% | +5.4% | +0.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $741.9M | 96 |
| Q1 2026 | $685.0M | 92 |
| Q4 2025 | $692.6M | 92 |
| Q3 2025 | $646.4M | 90 |
| Q2 2025 | $585.1M | 84 |
| Q1 2025 | $518.6M | 86 |
| Q4 2024 | $487.7M | 103 |
| Q3 2024 | $524.8M | 82 |
| Q2 2024 | $507.0M | 81 |
| Q1 2024 | $511.0M | 81 |
| Q4 2023 | $485.3M | 83 |
| Q3 2023 | $415.6M | 77 |