# LPWM LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1801101. Source: https://holderbook.com/funds/1801101-lpwm-llc/

- Reported value: $450.7M
- Positions: 98
- Weight of the ten largest: 69.5%
- Filed: 2026-07-24

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 SCOTTSDALE FDS | [VONG](https://holderbook.com/stocks/VONG/) | $87.2M | 682,435 | 19.4% | 27 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $68.4M | 314,012 | 15.2% | 26 |
| ISHARES TR | [IWS](https://holderbook.com/stocks/IWS/) | $35.6M | 216,410 | 7.9% | 27 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $27.6M | 546,360 | 6.1% | 17 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $21.9M | 226,644 | 4.9% | 27 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $19.9M | 384,456 | 4.4% | 2 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $18.0M | 359,230 | 4.0% | 27 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $12.3M | 54,315 | 2.7% | 27 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $11.1M | 36,932 | 2.5% | 27 |
| SPDR SERIES TRUST | [SLYV](https://holderbook.com/stocks/SLYV/) | $11.1M | 101,312 | 2.5% | 27 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $6.3M | 65,210 | 1.4% | 27 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $6.1M | 44,192 | 1.3% | 25 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $6.0M | 60,164 | 1.3% | 27 |
| J P MORGAN EXCHANGE TRADED F | [JMST](https://holderbook.com/stocks/JMST/) | $5.7M | 112,326 | 1.3% | 14 |
| VANGUARD SCOTTSDALE FDS | [VONE](https://holderbook.com/stocks/VONE/) | $5.7M | 16,780 | 1.3% | 27 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $5.5M | 49,499 | 1.2% | 27 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $4.8M | 24,226 | 1.1% | 26 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $4.7M | 66,057 | 1.0% | 26 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $4.6M | 22,753 | 1.0% | 26 |
| VANGUARD INTL EQUITY INDEX F | [VSS](https://holderbook.com/stocks/VSS/) | $4.1M | 26,742 | 0.9% | 27 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $4.0M | 8,005 | 0.9% | 13 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $3.9M | 32,672 | 0.9% | 27 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $3.8M | 75,350 | 0.8% | 26 |
| VANGUARD INTL EQUITY INDEX F | [VNQI](https://holderbook.com/stocks/VNQI/) | $3.7M | 83,058 | 0.8% | 27 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $3.6M | 47,307 | 0.8% | 9 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $2.8M | 30,932 | 0.6% | 9 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $2.7M | 33,003 | 0.6% | 26 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $2.7M | 7,385 | 0.6% | 27 |
| VANGUARD SCOTTSDALE FDS | [VONV](https://holderbook.com/stocks/VONV/) | $2.2M | 20,916 | 0.5% | 27 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $2.1M | 10,988 | 0.5% | 27 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $2.0M | 18,758 | 0.4% | 19 |
| ISHARES TR | [IUSB](https://holderbook.com/stocks/IUSB/) | $1.9M | 41,822 | 0.4% | 6 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $1.9M | 17,522 | 0.4% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.9M | 7,809 | 0.4% | 27 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.8M | 4,750 | 0.4% | 23 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $1.8M | 2,589 | 0.4% | 6 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $1.7M | 28,913 | 0.4% | 27 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $1.7M | 16,528 | 0.4% | 3 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $1.5M | 6,961 | 0.3% | 9 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $1.4M | 15,823 | 0.3% | 27 |
| VANGUARD SCOTTSDALE FDS | [VTWO](https://holderbook.com/stocks/VTWO/) | $1.3M | 10,326 | 0.3% | 22 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.2M | 3,422 | 0.3% | 27 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $1.2M | 13,545 | 0.3% | 3 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $1.1M | 20,590 | 0.2% | 22 |
| VANGUARD WORLD FD | [VOX](https://holderbook.com/stocks/VOX/) | $1.1M | 5,912 | 0.2% | 14 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.1M | 2,559 | 0.2% | 11 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $1.1M | 2,576 | 0.2% | 21 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.0M | 3,557 | 0.2% | 13 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $1.0M | 6,421 | 0.2% | 23 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.0M | 2,877 | 0.2% | 14 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $978.5K | 4,027 | 0.2% | 23 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $977.7K | 2,266 | 0.2% | 10 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $903.9K | 2,982 | 0.2% | 25 |
| ISHARES TR | [IYF](https://holderbook.com/stocks/IYF/) | $865.3K | 6,786 | 0.2% | 14 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $851.5K | 2,476 | 0.2% | 27 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $844.2K | 5,692 | 0.2% | 3 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $835.7K | 2,795 | 0.2% | 27 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $835.2K | 2,239 | 0.2% | 14 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $825.6K | 8,070 | 0.2% | 18 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $824.7K | 1,120 | 0.2% | 11 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $816.2K | 3,315 | 0.2% | 27 |
| ISHARES TR | [ICVT](https://holderbook.com/stocks/ICVT/) | $753.4K | 6,189 | 0.2% | 18 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $681.1K | 912 | 0.2% | 27 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $670.8K | 879 | 0.1% | 7 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $668.7K | 1,633 | 0.1% | 27 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $657.0K | 5,291 | 0.1% | 11 |
| LIFE TIME GROUP HOLDINGS INC | [LTH](https://holderbook.com/stocks/LTH/) | $648.8K | 15,887 | 0.1% | 1 |
| PGIM ETF TR | [PUSH](https://holderbook.com/stocks/PUSH/) | $605.4K | 12,008 | 0.1% | 1 |
| VANGUARD WORLD FD | [VCR](https://holderbook.com/stocks/VCR/) | $582.6K | 1,469 | 0.1% | 14 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $576.5K | 3,509 | 0.1% | 4 |
| INVESCO EXCHANGE TRADED FD T | [PHO](https://holderbook.com/stocks/PHO/) | $510.3K | 7,387 | 0.1% | 14 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $507.5K | 702 | 0.1% | 1 |
| ISHARES TR | [ITA](https://holderbook.com/stocks/ITA/) | $476.7K | 1,967 | 0.1% | 11 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $435.3K | 2,689 | 0.1% | 27 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $390.4K | 693 | 0.1% | 9 |
| ISHARES TR | [ICLN](https://holderbook.com/stocks/ICLN/) | $375.2K | 18,309 | 0.1% | 14 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $365.6K | 1,117 | 0.1% | 9 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $331.0K | 1,188 | 0.1% | 15 |
| IMPAX FUNDS SERIES TRUST I | [BLDX](https://holderbook.com/stocks/BLDX/) | $330.7K | 12,689 | 0.1% | 2 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $321.1K | 3,834 | 0.1% | 6 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $315.5K | 920 | 0.1% | 6 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $310.8K | 2,840 | 0.1% | 24 |
| ISHARES TR | [SCZ](https://holderbook.com/stocks/SCZ/) | $287.0K | 3,489 | 0.1% | 24 |
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $285.1K | 2,987 | 0.1% | 2 |
| INVESCO EXCH TRADED FD TR II | [EELV](https://holderbook.com/stocks/EELV/) | $275.7K | 9,918 | 0.1% | 18 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $271.4K | 1,500 | 0.1% | 6 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $267.8K | 3,711 | 0.1% | 1 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $266.3K | 2,501 | 0.1% | 2 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $252.5K | 337 | 0.1% | 2 |
| KRANESHARES TRUST | [KWEB](https://holderbook.com/stocks/KWEB/) | $237.0K | 9,684 | 0.1% | 2 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $236.4K | 1,506 | 0.1% | 4 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $224.1K | 2,092 | 0.0% | 7 |
| ISHARES TR | [IEZ](https://holderbook.com/stocks/IEZ/) | $212.6K | 7,903 | 0.0% | 2 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $211.7K | 2,548 | 0.0% | 2 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $208.6K | 1,320 | 0.0% | 1 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $204.7K | 2,004 | 0.0% | 1 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $200.7K | 306 | 0.0% | 1 |
| ENOVIX CORPORATION | [ENVX](https://holderbook.com/stocks/ENVX/) | $96.6K | 15,910 | 0.0% | 7 |

## 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 | +10.6% | +14.8% | -4.2% | 100% |
| Q1 2026 | -2.2% | -4.6% | +2.4% | 100% |
| Q4 2025 | +1.2% | +2.4% | -1.2% | 100% |
| Q3 2025 | +6.6% | +7.8% | -1.2% | 100% |
| Q2 2025 | +7.5% | +10.5% | -2.9% | 100% |
| Q1 2025 | -2.9% | -4.6% | +1.6% | 100% |
| Q4 2024 | -0.5% | +2.1% | -2.7% | 101% |
| Q3 2024 | +6.0% | +5.4% | +0.6% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $450.7M | 98 |
| Q1 2026 | $396.3M | 94 |
| Q4 2025 | $396.4M | 87 |
| Q3 2025 | $374.8M | 84 |
| Q2 2025 | $342.8M | 83 |
| Q1 2025 | $310.5M | 84 |
| Q4 2024 | $311.3M | 78 |
| Q3 2024 | $305.4M | 77 |
| Q2 2024 | $289.6M | 77 |
| Q1 2024 | $272.3M | 72 |
| Q4 2023 | $253.0M | 70 |
| Q3 2023 | $222.4M | 67 |