# Copperleaf Capital, LLC

> Institutional holdings reported to the SEC as of Q3 2025 on Form 13F. CIK 1802225. Source: https://holderbook.com/funds/1802225-copperleaf-capital-llc/

- Reported value: $208.6M
- Positions: 114
- Weight of the ten largest: 43.6%
- Filed: 2025-10-28

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 BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $34.9M | 536,552 | 16.7% | 7 |
| FIDELITY WISE ORIGIN BITCOIN | [FBTC](https://holderbook.com/stocks/FBTC/) | $13.3M | 133,669 | 6.4% | 7 |
| CALAMOS ETF TR | [CBOJ](https://holderbook.com/stocks/CBOJ/) | $7.0M | 266,056 | 3.3% | 3 |
| DIMENSIONAL ETF TRUST | [DFAC](https://holderbook.com/stocks/DFAC/) | $6.1M | 159,338 | 2.9% | 14 |
| DIMENSIONAL ETF TRUST | [DCOR](https://holderbook.com/stocks/DCOR/) | $5.5M | 76,009 | 2.6% | 8 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $5.3M | 7,970 | 2.6% | 13 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $5.2M | 76,325 | 2.5% | 19 |
| ISHARES TR | [IUSB](https://holderbook.com/stocks/IUSB/) | $4.9M | 104,341 | 2.3% | 13 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $4.5M | 23,186 | 2.2% | 10 |
| BLACKROCK ETF TRUST | [DYNF](https://holderbook.com/stocks/DYNF/) | $4.3M | 73,220 | 2.1% | 7 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $4.3M | 35,540 | 2.1% | 9 |
| EOS ENERGY ENTERPRISES INC | [EOSE](https://holderbook.com/stocks/EOSE/) | $3.6M | 320,200 | 1.7% | 2 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $3.6M | 17,291 | 1.7% | 7 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $3.5M | 47,867 | 1.7% | 3 |
| DIMENSIONAL ETF TRUST | [DFIC](https://holderbook.com/stocks/DFIC/) | $3.4M | 103,094 | 1.6% | 12 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.3M | 13,763 | 1.6% | 24 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $3.2M | 14,473 | 1.5% | 24 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.1M | 6,048 | 1.5% | 24 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $3.1M | 5,077 | 1.5% | 15 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $3.0M | 45,444 | 1.4% | 11 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $3.0M | 10,571 | 1.4% | 20 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.9M | 3,890 | 1.4% | 24 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $2.6M | 7,819 | 1.2% | 14 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $2.4M | 7,151 | 1.1% | 3 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.2M | 3,627 | 1.0% | 12 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.2M | 6,857 | 1.0% | 10 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $2.1M | 22,373 | 1.0% | 19 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.1M | 8,297 | 1.0% | 17 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $1.9M | 20,297 | 0.9% | 13 |
| BLACKROCK ETF TRUST | [THRO](https://holderbook.com/stocks/THRO/) | $1.9M | 50,505 | 0.9% | 2 |
| DIMENSIONAL ETF TRUST | [DFSD](https://holderbook.com/stocks/DFSD/) | $1.9M | 38,833 | 0.9% | 10 |
| ISHARES TR | [TLH](https://holderbook.com/stocks/TLH/) | $1.8M | 17,962 | 0.9% | 3 |
| BLACKROCK ETF TRUST II | [BINC](https://holderbook.com/stocks/BINC/) | $1.8M | 33,514 | 0.9% | 7 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $1.6M | 14,404 | 0.8% | 20 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.6M | 5,654 | 0.8% | 2 |
| ISHARES TR | [IBHF](https://holderbook.com/stocks/IBHF/) | $1.4M | 61,803 | 0.7% | 1 |
| DIMENSIONAL ETF TRUST | [DFEM](https://holderbook.com/stocks/DFEM/) | $1.4M | 44,940 | 0.7% | 11 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $1.4M | 7,088 | 0.7% | 12 |
| ISHARES TR | [IAGG](https://holderbook.com/stocks/IAGG/) | $1.4M | 26,628 | 0.7% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.3M | 7,132 | 0.6% | 8 |
| DIMENSIONAL ETF TRUST | [DGCB](https://holderbook.com/stocks/DGCB/) | $1.3M | 23,693 | 0.6% | 7 |
| DIMENSIONAL ETF TRUST | [DFCF](https://holderbook.com/stocks/DFCF/) | $1.3M | 29,608 | 0.6% | 11 |
| DIMENSIONAL ETF TRUST | [DFGX](https://holderbook.com/stocks/DFGX/) | $1.2M | 22,774 | 0.6% | 7 |
| KRATOS DEFENSE & SEC SOLUTIO | [KTOS](https://holderbook.com/stocks/KTOS/) | $1.2M | 12,969 | 0.6% | 1 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.2M | 7,169 | 0.6% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $1.2M | 16,205 | 0.6% | 7 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $1.1M | 4,451 | 0.5% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.1M | 1,971 | 0.5% | 24 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.1M | 3,238 | 0.5% | 24 |
| BLACKROCK ETF TRUST | [BAI](https://holderbook.com/stocks/BAI/) | $1.1M | 31,064 | 0.5% | 1 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $1.1M | 5,174 | 0.5% | 3 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $1.0M | 44,474 | 0.5% | 24 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $1.0M | 8,917 | 0.5% | 22 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $948.7K | 18,390 | 0.5% | 1 |
| VEEVA SYS INC | [VEEV](https://holderbook.com/stocks/VEEV/) | $916.7K | 3,077 | 0.4% | 10 |
| BLACKROCK ETF TRUST | [LCTU](https://holderbook.com/stocks/LCTU/) | $875.8K | 12,067 | 0.4% | 11 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $830.5K | 9,817 | 0.4% | 8 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $827.3K | 8,004 | 0.4% | 1 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $824.0K | 2,594 | 0.4% | 12 |
| VANGUARD WORLD FD | [ESGV](https://holderbook.com/stocks/ESGV/) | $823.3K | 6,951 | 0.4% | 7 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $796.6K | 4,789 | 0.4% | 9 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $780.0K | 8,194 | 0.4% | 6 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $763.7K | 8,019 | 0.4% | 1 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $739.4K | 969 | 0.4% | 3 |
| CENCORA INC | [COR](https://holderbook.com/stocks/COR/) | $736.6K | 2,357 | 0.4% | 24 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $702.2K | 130 | 0.3% | 24 |
| CHECK POINT SOFTWARE TECH LT | [CHKP](https://holderbook.com/stocks/CHKP/) | $699.6K | 3,381 | 0.3% | 8 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $690.3K | 1,957 | 0.3% | 12 |
| ISHARES TR | [ESGU](https://holderbook.com/stocks/ESGU/) | $677.0K | 4,650 | 0.3% | 23 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $676.3K | 2,854 | 0.3% | 12 |
| ISHARES ETHEREUM TR | [ETHA](https://holderbook.com/stocks/ETHA/) | $648.0K | 20,565 | 0.3% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $640.5K | 1,274 | 0.3% | 7 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $630.8K | 7,525 | 0.3% | 4 |
| STRATEGY INC | [MSTR](https://holderbook.com/stocks/MSTR/) | $625.7K | 1,942 | 0.3% | 1 |
| AEROVIRONMENT INC | [AVAV](https://holderbook.com/stocks/AVAV/) | $592.6K | 1,882 | 0.3% | 1 |
| ISHARES TR | [DSI](https://holderbook.com/stocks/DSI/) | $581.3K | 4,615 | 0.3% | 11 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $564.6K | 5,302 | 0.3% | 10 |
| ISHARES TR | [ICVT](https://holderbook.com/stocks/ICVT/) | $552.6K | 5,523 | 0.3% | 6 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $535.9K | 1,588 | 0.3% | 1 |
| AIRBNB INC | [ABNB](https://holderbook.com/stocks/ABNB/) | $512.3K | 4,219 | 0.2% | 1 |
| ADURO CLEAN TECHNOLOGIES INC | [ADUR](https://holderbook.com/stocks/ADUR/) | $480.4K | 35,850 | 0.2% | 2 |
| ISHARES TR | [USXF](https://holderbook.com/stocks/USXF/) | $455.4K | 7,946 | 0.2% | 11 |
| ISHARES TR | [ITA](https://holderbook.com/stocks/ITA/) | $453.7K | 2,168 | 0.2% | 1 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $445.2K | 1,001 | 0.2% | 11 |
| DIMENSIONAL ETF TRUST | [DFNM](https://holderbook.com/stocks/DFNM/) | $429.9K | 8,961 | 0.2% | 11 |
| ISHARES TR | [HYDB](https://holderbook.com/stocks/HYDB/) | $406.3K | 8,492 | 0.2% | 3 |
| VANGUARD WORLD FD | [VSGX](https://holderbook.com/stocks/VSGX/) | $399.4K | 5,758 | 0.2% | 7 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $386.4K | 1,846 | 0.2% | 3 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $351.8K | 82 | 0.2% | 12 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $348.6K | 4,745 | 0.2% | 3 |
| DIMENSIONAL ETF TRUST | [DFGR](https://holderbook.com/stocks/DFGR/) | $346.1K | 12,675 | 0.2% | 8 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $343.8K | 1,042 | 0.2% | 2 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $330.1K | 968 | 0.2% | 1 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $319.3K | 6,328 | 0.2% | 3 |
| ISHARES INC | [ESGE](https://holderbook.com/stocks/ESGE/) | $318.4K | 7,332 | 0.2% | 4 |
| VANGUARD SCOTTSDALE FDS | [VMBS](https://holderbook.com/stocks/VMBS/) | $302.9K | 6,450 | 0.1% | 4 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $290.9K | 3,533 | 0.1% | 1 |
| ENTERGY CORP NEW | [ETR](https://holderbook.com/stocks/ETR/) | $284.4K | 3,052 | 0.1% | 3 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $273.3K | 234 | 0.1% | 2 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $269.6K | 2,391 | 0.1% | 24 |

## 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 |
|---|---|---|---|---|
| Q3 2025 | +6.2% | +7.8% | -1.6% | 100% |
| Q2 2025 | +12.2% | +10.5% | +1.8% | 100% |
| Q1 2025 | -4.3% | -4.6% | +0.2% | 100% |
| Q4 2024 | +3.2% | +2.1% | +1.1% | 100% |
| Q3 2024 | +4.6% | +5.4% | -0.8% | 100% |
| Q2 2024 | +1.2% | +4.0% | -2.8% | 100% |
| Q1 2024 | +7.7% | +10.0% | -2.4% | 100% |
| Q4 2023 | +10.4% | +11.2% | -0.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2025 | $208.6M | 114 |
| Q2 2025 | $197.6M | 113 |
| Q1 2025 | $167.3M | 107 |
| Q4 2024 | $157.9M | 91 |
| Q3 2024 | $130.6M | 90 |
| Q2 2024 | $125.1M | 88 |
| Q1 2024 | $115.5M | 91 |
| Q4 2023 | $98.2M | 79 |
| Q3 2023 | $92.5M | 79 |
| Q2 2023 | $106.7M | 77 |
| Q1 2023 | $100.6M | 73 |
| Q4 2022 | $86.9M | 66 |