# Rodgers & Associates, LTD

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1846515. Source: https://holderbook.com/funds/1846515-rodgers-associates-ltd/

- Reported value: $1.1B
- Positions: 108
- Weight of the ten largest: 54.8%
- Filed: 2026-07-21

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 | [VTV](https://holderbook.com/stocks/VTV/) | $86.9M | 398,813 | 7.9% | 23 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $78.3M | 322,177 | 7.1% | 23 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $73.8M | 373,683 | 6.7% | 23 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $63.7M | 435,416 | 5.8% | 23 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $60.9M | 490,509 | 5.5% | 23 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $53.5M | 449,619 | 4.9% | 23 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $53.0M | 1,764,606 | 4.8% | 23 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $50.3M | 137,533 | 4.6% | 23 |
| SPDR SERIES TRUST | [SLYG](https://holderbook.com/stocks/SLYG/) | $48.1M | 403,692 | 4.4% | 23 |
| SPDR SERIES TRUST | [SLYV](https://holderbook.com/stocks/SLYV/) | $35.2M | 322,641 | 3.2% | 23 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $32.5M | 106,123 | 3.0% | 23 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $29.7M | 487,758 | 2.7% | 23 |
| ISHARES TR | [IWS](https://holderbook.com/stocks/IWS/) | $27.3M | 165,969 | 2.5% | 23 |
| ISHARES TR | [USRT](https://holderbook.com/stocks/USRT/) | $26.7M | 401,892 | 2.4% | 23 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $25.6M | 324,430 | 2.3% | 23 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $23.6M | 244,354 | 2.1% | 23 |
| ISHARES TR | [IMCG](https://holderbook.com/stocks/IMCG/) | $23.3M | 236,684 | 2.1% | 23 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $21.8M | 305,643 | 2.0% | 23 |
| SPDR SERIES TRUST | [MDYG](https://holderbook.com/stocks/MDYG/) | $21.0M | 187,167 | 1.9% | 23 |
| SPDR SERIES TRUST | [MDYV](https://holderbook.com/stocks/MDYV/) | $20.9M | 220,077 | 1.9% | 23 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $20.2M | 233,969 | 1.8% | 23 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $20.1M | 387,231 | 1.8% | 23 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $19.1M | 139,031 | 1.7% | 23 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $17.6M | 349,364 | 1.6% | 23 |
| INVESCO EXCHANGE TRADED FD T | [PRF](https://holderbook.com/stocks/PRF/) | $12.4M | 229,435 | 1.1% | 23 |
| ISHARES TR | [IJT](https://holderbook.com/stocks/IJT/) | $11.5M | 64,535 | 1.0% | 23 |
| ISHARES TR | [IMCV](https://holderbook.com/stocks/IMCV/) | $11.0M | 120,448 | 1.0% | 23 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $10.9M | 48,150 | 1.0% | 23 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $9.0M | 93,059 | 0.8% | 23 |
| ISHARES TR | [IJK](https://holderbook.com/stocks/IJK/) | $8.7M | 73,635 | 0.8% | 23 |
| VANGUARD SCOTTSDALE FDS | [VONG](https://holderbook.com/stocks/VONG/) | $8.1M | 63,242 | 0.7% | 23 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $7.9M | 132,163 | 0.7% | 23 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $7.1M | 18,142 | 0.6% | 23 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $7.1M | 52,262 | 0.6% | 23 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $5.1M | 61,963 | 0.5% | 23 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $5.1M | 13,786 | 0.5% | 23 |
| ISHARES TR | [IYR](https://holderbook.com/stocks/IYR/) | $4.0M | 39,276 | 0.4% | 23 |
| ISHARES TR | [ISCV](https://holderbook.com/stocks/ISCV/) | $3.2M | 40,697 | 0.3% | 23 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $3.1M | 3,139 | 0.3% | 23 |
| VANGUARD SCOTTSDALE FDS | [VTWV](https://holderbook.com/stocks/VTWV/) | $3.0M | 15,359 | 0.3% | 23 |
| INVESCO EXCH TRADED FD TR II | [RWL](https://holderbook.com/stocks/RWL/) | $2.8M | 21,724 | 0.3% | 23 |
| INVESCO EXCHANGE TRADED FD T | [CZA](https://holderbook.com/stocks/CZA/) | $2.7M | 22,167 | 0.2% | 23 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $2.7M | 12,229 | 0.2% | 23 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $2.3M | 3,013 | 0.2% | 23 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $2.1M | 27,680 | 0.2% | 23 |
| ISHARES TR | [IJJ](https://holderbook.com/stocks/IJJ/) | $2.0M | 13,622 | 0.2% | 23 |
| ISHARES TR | [ISCG](https://holderbook.com/stocks/ISCG/) | $2.0M | 29,855 | 0.2% | 23 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.8M | 6,370 | 0.2% | 23 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.6M | 7,876 | 0.1% | 23 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $1.6M | 7,021 | 0.1% | 23 |
| VANGUARD ADMIRAL FDS INC | [VIOV](https://holderbook.com/stocks/VIOV/) | $1.3M | 11,293 | 0.1% | 23 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $1.3M | 7,916 | 0.1% | 21 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.3M | 3,465 | 0.1% | 23 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $1.2M | 4,963 | 0.1% | 12 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $1.1M | 3,067 | 0.1% | 23 |
| ARCH CAP GROUP LTD | [ACGL](https://holderbook.com/stocks/ACGL/) | $987.4K | 10,173 | 0.1% | 12 |
| ISHARES TR | [ILCG](https://holderbook.com/stocks/ILCG/) | $979.8K | 8,373 | 0.1% | 23 |
| BNY MELLON ETF TRUST II | [BEDY](https://holderbook.com/stocks/BEDY/) | $931.9K | 32,124 | 0.1% | 3 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $887.4K | 8,335 | 0.1% | 5 |
| CAPITAL GROUP DIVIDEND VALUE | [CGDV](https://holderbook.com/stocks/CGDV/) | $799.0K | 16,214 | 0.1% | 2 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $765.8K | 2,526 | 0.1% | 23 |
| VANGUARD WORLD FD | [MGK](https://holderbook.com/stocks/MGK/) | $758.0K | 8,622 | 0.1% | 23 |
| INVESCO EXCHANGE TRADED FD T | [RPG](https://holderbook.com/stocks/RPG/) | $748.3K | 11,720 | 0.1% | 23 |
| VANGUARD ADMIRAL FDS INC | [VIOG](https://holderbook.com/stocks/VIOG/) | $734.7K | 4,789 | 0.1% | 15 |
| VANGUARD ADMIRAL FDS INC | [IVOG](https://holderbook.com/stocks/IVOG/) | $683.4K | 4,671 | 0.1% | 13 |
| VANGUARD ADMIRAL FDS INC | [VOOG](https://holderbook.com/stocks/VOOG/) | $670.7K | 8,118 | 0.1% | 23 |
| VANGUARD ADMIRAL FDS INC | [IVOV](https://holderbook.com/stocks/IVOV/) | $668.9K | 5,864 | 0.1% | 23 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $623.8K | 2,456 | 0.1% | 4 |
| VANGUARD ADMIRAL FDS INC | [VOOV](https://holderbook.com/stocks/VOOV/) | $619.9K | 2,828 | 0.1% | 23 |
| SPDR INDEX SHS FDS | [EDIV](https://holderbook.com/stocks/EDIV/) | $585.7K | 14,301 | 0.1% | 11 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $563.1K | 3,700 | 0.1% | 23 |
| VANGUARD SCOTTSDALE FDS | [VONV](https://holderbook.com/stocks/VONV/) | $544.0K | 5,117 | 0.0% | 23 |
| PIMCO ETF TR | [SMMU](https://holderbook.com/stocks/SMMU/) | $526.9K | 10,434 | 0.0% | 7 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $520.2K | 556 | 0.0% | 23 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $504.9K | 4,458 | 0.0% | 1 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $502.0K | 2,635 | 0.0% | 5 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $440.5K | 1,789 | 0.0% | 22 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $439.8K | 597 | 0.0% | 5 |
| ISHARES TR | [IWY](https://holderbook.com/stocks/IWY/) | $427.5K | 1,471 | 0.0% | 17 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $423.7K | 398 | 0.0% | 3 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $389.1K | 2,462 | 0.0% | 11 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $384.4K | 4,497 | 0.0% | 3 |
| WISDOMTREE TR | [DLN](https://holderbook.com/stocks/DLN/) | $345.3K | 3,585 | 0.0% | 7 |
| FIFTH THIRD BANCORP | [FITB](https://holderbook.com/stocks/FITB/) | $341.9K | 6,066 | 0.0% | 11 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $338.8K | 4,045 | 0.0% | 3 |
| INVESCO EXCHANGE TRADED FD T | [PFM](https://holderbook.com/stocks/PFM/) | $326.8K | 5,894 | 0.0% | 23 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $319.4K | 500 | 0.0% | 1 |
| VANGUARD SCOTTSDALE FDS | [VTWG](https://holderbook.com/stocks/VTWG/) | $317.0K | 1,102 | 0.0% | 5 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $313.2K | 456 | 0.0% | 5 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $300.7K | 3,899 | 0.0% | 5 |
| VANGUARD WORLD FD | [MGV](https://holderbook.com/stocks/MGV/) | $280.3K | 1,715 | 0.0% | 8 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $273.0K | 1,739 | 0.0% | 8 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $272.5K | 648 | 0.0% | 5 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $269.7K | 2,818 | 0.0% | 9 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $266.0K | 1,116 | 0.0% | 9 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $228.4K | 6,748 | 0.0% | 1 |
| WORLD GOLD TR | [GLDM](https://holderbook.com/stocks/GLDM/) | $228.3K | 2,875 | 0.0% | 4 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $227.9K | 615 | 0.0% | 2 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $226.9K | 2,184 | 0.0% | 6 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $223.4K | 3,105 | 0.0% | 2 |

## 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 | +13.1% | +14.8% | -1.7% | 100% |
| Q1 2026 | -0.8% | -4.6% | +3.8% | 100% |
| Q4 2025 | +0.7% | +2.4% | -1.6% | 100% |
| Q3 2025 | +6.2% | +7.8% | -1.6% | 100% |
| Q2 2025 | +7.7% | +10.5% | -2.8% | 100% |
| Q1 2025 | -3.9% | -4.6% | +0.6% | 100% |
| Q4 2024 | -0.2% | +2.1% | -2.3% | 100% |
| Q3 2024 | +7.5% | +5.4% | +2.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.1B | 108 |
| Q1 2026 | $982.2M | 101 |
| Q4 2025 | $987.6M | 107 |
| Q3 2025 | $970.1M | 105 |
| Q2 2025 | $910.3M | 103 |
| Q1 2025 | $820.2M | 97 |
| Q4 2024 | $839.2M | 98 |
| Q3 2024 | $838.1M | 95 |
| Q2 2024 | $777.2M | 92 |
| Q1 2024 | $778.8M | 91 |
| Q4 2023 | $737.4M | 87 |
| Q3 2023 | $661.7M | 85 |