# Adaptive Financial Consulting, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1804717. Source: https://holderbook.com/funds/1804717-adaptive-financial-consulting-llc/

- Reported value: $285.5M
- Positions: 20
- Weight of the ten largest: 87.3%
- Filed: 2026-08-07

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 | [AGG](https://holderbook.com/stocks/AGG/) | $57.7M | 582,685 | 20.2% | 27 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $34.2M | 45,690 | 12.0% | 27 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $31.5M | 398,171 | 11.0% | 27 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $25.1M | 182,539 | 8.8% | 27 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $23.3M | 241,162 | 8.1% | 27 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $21.2M | 28,811 | 7.4% | 27 |
| VANGUARD WORLD FD | [VCR](https://holderbook.com/stocks/VCR/) | $15.3M | 38,530 | 5.4% | 27 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $15.3M | 157,965 | 5.3% | 27 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $13.3M | 44,515 | 4.7% | 27 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $12.5M | 129,548 | 4.4% | 27 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $11.9M | 143,883 | 4.2% | 27 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $11.3M | 145,499 | 4.0% | 13 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $7.6M | 68,707 | 2.7% | 10 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $2.1M | 21,150 | 0.7% | 7 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $1.1M | 3,182 | 0.4% | 27 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $669.6K | 8,683 | 0.2% | 27 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $645.4K | 5,917 | 0.2% | 27 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $314.5K | 421 | 0.1% | 13 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $263.1K | 711 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $261.7K | 381 | 0.1% | 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 | +7.9% | +14.8% | -6.9% | 100% |
| Q1 2026 | -2.5% | -4.6% | +2.1% | 100% |
| Q4 2025 | +0.9% | +2.4% | -1.5% | 100% |
| Q3 2025 | +4.1% | +7.8% | -3.7% | 100% |
| Q2 2025 | +4.8% | +10.5% | -5.6% | 100% |
| Q1 2025 | -0.7% | -4.6% | +3.8% | 100% |
| Q4 2024 | -1.7% | +2.1% | -3.8% | 100% |
| Q3 2024 | +5.2% | +5.4% | -0.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $285.5M | 20 |
| Q1 2026 | $261.1M | 18 |
| Q4 2025 | $257.1M | 18 |
| Q3 2025 | $250.1M | 19 |
| Q2 2025 | $239.5M | 21 |
| Q1 2025 | $233.5M | 20 |
| Q4 2024 | $241.1M | 21 |
| Q3 2024 | $245.5M | 19 |
| Q2 2024 | $230.6M | 19 |
| Q1 2024 | $224.1M | 19 |
| Q4 2023 | $187.9M | 18 |
| Q3 2023 | $176.5M | 18 |