# Briaud Financial Planning Inc

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1800586. Source: https://holderbook.com/funds/1800586-briaud-financial-planning-inc/

- Reported value: $380.2M
- Positions: 42
- Weight of the ten largest: 95.4%
- Filed: 2026-07-30

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 INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $205.9M | 556,358 | 54.1% | 22 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $73.6M | 199,910 | 19.4% | 27 |
| INVESCO ACTVELY MNGD ETC FD | [PDBC](https://holderbook.com/stocks/PDBC/) | $26.6M | 1,672,011 | 7.0% | 10 |
| INVESCO ACTVELY MNGD ETC FD | [PDBA](https://holderbook.com/stocks/PDBA/) | $22.1M | 621,833 | 5.8% | 2 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $17.9M | 335,142 | 4.7% | 18 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $6.1M | 80,824 | 1.6% | 21 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.4M | 11,605 | 0.9% | 10 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $2.9M | 3,903 | 0.8% | 10 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $2.3M | 5,902 | 0.6% | 7 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $1.9M | 2,633 | 0.5% | 10 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.7M | 8,738 | 0.5% | 7 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.3M | 9,631 | 0.3% | 27 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.3M | 1,056 | 0.3% | 10 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $1.1M | 12,441 | 0.3% | 9 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $1.1M | 7,074 | 0.3% | 7 |
| ABRDN PLATINUM ETF TRUST | [PPLT](https://holderbook.com/stocks/PPLT/) | $936.0K | 66,240 | 0.2% | 10 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $774.1K | 1,547 | 0.2% | 10 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $718.4K | 962 | 0.2% | 10 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $618.5K | 2,110 | 0.2% | 10 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $544.7K | 6,324 | 0.1% | 9 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $544.6K | 2,285 | 0.1% | 10 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $535.6K | 7,830 | 0.1% | 2 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $535.6K | 3,836 | 0.1% | 1 |
| ISHARES TR | [ITA](https://holderbook.com/stocks/ITA/) | $521.0K | 2,149 | 0.1% | 6 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $517.0K | 1,386 | 0.1% | 10 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $459.9K | 1,270 | 0.1% | 10 |
| JABIL INC | [JBL](https://holderbook.com/stocks/JBL/) | $374.3K | 971 | 0.1% | 5 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $357.9K | 1,682 | 0.1% | 8 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $347.3K | 3,977 | 0.1% | 10 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $312.6K | 1,231 | 0.1% | 10 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $307.5K | 894 | 0.1% | 6 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $296.1K | 5,575 | 0.1% | 10 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $285.3K | 2,429 | 0.1% | 1 |
| INVESCO EXCHANGE TRADED FD T | [PFM](https://holderbook.com/stocks/PFM/) | $253.6K | 4,574 | 0.1% | 5 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $244.7K | 212 | 0.1% | 1 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $233.7K | 714 | 0.1% | 10 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $225.9K | 329 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $223.6K | 1,026 | 0.1% | 2 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $214.1K | 716 | 0.1% | 1 |
| FIRST FINL BANKSHARES INC | [FFIN](https://holderbook.com/stocks/FFIN/) | $203.3K | 5,876 | 0.1% | 1 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $201.6K | 1,780 | 0.1% | 2 |
| SABLE OFFSHORE CORP | [SOC](https://holderbook.com/stocks/SOC/) | $53.4K | 12,006 | 0.0% | 1 |

## 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 | +1.6% | +14.8% | -13.3% | 100% |
| Q1 2026 | +2.7% | -4.6% | +7.3% | 100% |
| Q4 2025 | +8.6% | +2.4% | +6.2% | 100% |
| Q3 2025 | +9.5% | +7.8% | +1.7% | 100% |
| Q2 2025 | +7.2% | +10.5% | -3.2% | 100% |
| Q1 2025 | +3.0% | -4.6% | +7.6% | 100% |
| Q4 2024 | +0.9% | +2.1% | -1.3% | 100% |
| Q3 2024 | +6.8% | +5.4% | +1.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $380.2M | 42 |
| Q1 2026 | $381.4M | 38 |
| Q4 2025 | $405.9M | 37 |
| Q3 2025 | $306.0M | 36 |
| Q2 2025 | $253.6M | 340 |
| Q1 2025 | $251.7M | 194 |
| Q4 2024 | $245.3M | 189 |
| Q3 2024 | $193.6M | 130 |
| Q2 2024 | $173.2M | 133 |
| Q1 2024 | $175.9M | 127 |
| Q4 2023 | $117.3M | 9 |
| Q3 2023 | $123.5M | 158 |