# ACAS, LLC

> Institutional holdings reported to the SEC as of Q2 2025 on Form 13F. CIK 1859505. Source: https://holderbook.com/funds/1859505-acas-llc/

- Reported value: $149.2M
- Positions: 93
- Weight of the ten largest: 51.1%
- Filed: 2025-08-14

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 |
|---|---|---|---|---|---|
| CAPITAL GROUP GROWTH ETF | [CGGR](https://holderbook.com/stocks/CGGR/) | $12.1M | 285,443 | 8.1% | 11 |
| CAPITAL GROUP DIVIDEND VALUE | [CGDV](https://holderbook.com/stocks/CGDV/) | $11.7M | 285,215 | 7.8% | 9 |
| EA SERIES TRUST | [BOXX](https://holderbook.com/stocks/BOXX/) | $9.0M | 79,686 | 6.0% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $8.8M | 37,756 | 5.9% | 17 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $8.8M | 18,441 | 5.9% | 17 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $7.1M | 61,680 | 4.8% | 17 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $5.3M | 23,815 | 3.6% | 17 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $4.6M | 14,911 | 3.1% | 6 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $4.4M | 21,554 | 2.9% | 17 |
| CAPITAL GROUP CORE BALANCED | [CGBL](https://holderbook.com/stocks/CGBL/) | $4.4M | 127,742 | 2.9% | 6 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $3.5M | 3,551 | 2.3% | 17 |
| DIMENSIONAL ETF TRUST | [DFAS](https://holderbook.com/stocks/DFAS/) | $3.5M | 51,145 | 2.3% | 7 |
| FIRST TR EXCH TRADED FD III | [FTLS](https://holderbook.com/stocks/FTLS/) | $3.4M | 50,045 | 2.3% | 17 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $2.7M | 87,999 | 1.8% | 17 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $2.6M | 14,553 | 1.8% | 17 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $2.6M | 28,600 | 1.8% | 17 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $2.3M | 79,468 | 1.5% | 17 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $2.3M | 81,959 | 1.5% | 17 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $2.1M | 6,628 | 1.4% | 10 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.1M | 3,533 | 1.4% | 6 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $2.0M | 4,414 | 1.4% | 17 |
| SPDR SERIES TRUST | [BILS](https://holderbook.com/stocks/BILS/) | $1.9M | 19,286 | 1.3% | 3 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $1.9M | 20,467 | 1.3% | 4 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $1.9M | 63,796 | 1.3% | 17 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.7M | 3,300 | 1.2% | 17 |
| NEW YORK LIFE INVESTMENTS ET | [MNA](https://holderbook.com/stocks/MNA/) | $1.5M | 42,709 | 1.0% | 17 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $1.4M | 19,266 | 1.0% | 17 |
| INNOVATOR ETFS TRUST | [BUFF](https://holderbook.com/stocks/BUFF/) | $1.4M | 28,821 | 0.9% | 14 |
| ISHARES TR | [IJJ](https://holderbook.com/stocks/IJJ/) | $1.3M | 10,289 | 0.9% | 17 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $1.1M | 1,928 | 0.8% | 17 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $1.0M | 9,729 | 0.7% | 17 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $1.0M | 3,590 | 0.7% | 17 |
| ISHARES TR | [IJK](https://holderbook.com/stocks/IJK/) | $986.7K | 10,386 | 0.7% | 17 |
| GRAYSCALE BITCOIN TRUST ETF | [GBTC](https://holderbook.com/stocks/GBTC/) | $966.6K | 10,006 | 0.6% | 3 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $938.6K | 3,755 | 0.6% | 17 |
| ISHARES TR | [IJT](https://holderbook.com/stocks/IJT/) | $933.1K | 6,641 | 0.6% | 17 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $879.2K | 4,688 | 0.6% | 17 |
| INNOVATOR ETFS TRUST | [BUFB](https://holderbook.com/stocks/BUFB/) | $770.7K | 22,128 | 0.5% | 13 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $761.8K | 1,695 | 0.5% | 17 |
| EXTRA SPACE STORAGE INC | [EXR](https://holderbook.com/stocks/EXR/) | $702.2K | 5,081 | 0.5% | 8 |
| INNOVATOR ETFS TRUST | [KJAN](https://holderbook.com/stocks/KJAN/) | $666.3K | 17,073 | 0.4% | 17 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $662.2K | 889 | 0.4% | 13 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $660.3K | 3,145 | 0.4% | 17 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $629.9K | 5,854 | 0.4% | 13 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $618.6K | 959 | 0.4% | 12 |
| INNOVATOR ETFS TRUST | [KAPR](https://holderbook.com/stocks/KAPR/) | $604.0K | 18,039 | 0.4% | 17 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $599.6K | 24,081 | 0.4% | 17 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $590.6K | 4,375 | 0.4% | 17 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $588.2K | 754 | 0.4% | 7 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $574.5K | 1,389 | 0.4% | 17 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $557.6K | 1,643 | 0.4% | 5 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $555.8K | 20,638 | 0.4% | 17 |
| AMERICAN SUPERCONDUCTOR CORP | [AMSC](https://holderbook.com/stocks/AMSC/) | $551.7K | 10,200 | 0.4% | 2 |
| SPDR SERIES TRUST | [MDYG](https://holderbook.com/stocks/MDYG/) | $548.3K | 6,049 | 0.4% | 17 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $517.0K | 2,546 | 0.3% | 10 |
| INNOVATOR ETFS TRUST | [KOCT](https://holderbook.com/stocks/KOCT/) | $482.6K | 15,193 | 0.3% | 17 |
| INNOVATOR ETFS TRUST | [NAPR](https://holderbook.com/stocks/NAPR/) | $471.4K | 9,045 | 0.3% | 2 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $464.7K | 657 | 0.3% | 4 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $455.3K | 378 | 0.3% | 17 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $454.2K | 1,563 | 0.3% | 11 |
| INNOVATOR ETFS TRUST | [BNOV](https://holderbook.com/stocks/BNOV/) | $446.6K | 10,507 | 0.3% | 11 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $446.1K | 17,468 | 0.3% | 17 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $424.4K | 9,316 | 0.3% | 5 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $407.9K | 1,671 | 0.3% | 6 |
| CAPITAL GROUP INTERNATIONAL | [CGIE](https://holderbook.com/stocks/CGIE/) | $407.7K | 12,296 | 0.3% | 7 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $374.3K | 6,445 | 0.3% | 5 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $366.4K | 1,517 | 0.2% | 5 |
| SPDR SERIES TRUST | [MDYV](https://holderbook.com/stocks/MDYV/) | $356.5K | 4,310 | 0.2% | 17 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $346.0K | 2,220 | 0.2% | 2 |
| INNOVATOR ETFS TRUST | [BJUL](https://holderbook.com/stocks/BJUL/) | $341.9K | 7,040 | 0.2% | 17 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $329.5K | 13,097 | 0.2% | 17 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $305.8K | 4,344 | 0.2% | 13 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $300.3K | 2,183 | 0.2% | 17 |
| VANGUARD SCOTTSDALE FDS | [VMBS](https://holderbook.com/stocks/VMBS/) | $284.1K | 6,116 | 0.2% | 11 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $274.4K | 620 | 0.2% | 17 |
| SPDR SERIES TRUST | [SPYD](https://holderbook.com/stocks/SPYD/) | $274.3K | 6,215 | 0.2% | 7 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $270.9K | 910 | 0.2% | 9 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $262.9K | 2,751 | 0.2% | 3 |
| ALPS ETF TR | [OUSA](https://holderbook.com/stocks/OUSA/) | $261.9K | 4,709 | 0.2% | 12 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $261.3K | 412 | 0.2% | 1 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $251.0K | 7,919 | 0.2% | 6 |
| INVESCO EXCH TRADED FD TR II | [PGX](https://holderbook.com/stocks/PGX/) | $247.9K | 21,595 | 0.2% | 17 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $226.1K | 3,851 | 0.2% | 17 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $219.2K | 1,400 | 0.1% | 1 |
| INNOVATOR ETFS TRUST | [KJUL](https://holderbook.com/stocks/KJUL/) | $215.6K | 7,134 | 0.1% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $213.7K | 1,225 | 0.1% | 1 |
| INNOVATOR ETFS TRUST | [BAUG](https://holderbook.com/stocks/BAUG/) | $207.6K | 4,335 | 0.1% | 1 |
| ISHARES TR | [IEI](https://holderbook.com/stocks/IEI/) | $207.0K | 1,738 | 0.1% | 11 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $205.3K | 3,173 | 0.1% | 1 |
| PIMCO ETF TR | [BOND](https://holderbook.com/stocks/BOND/) | $202.7K | 2,194 | 0.1% | 1 |
| CAPITAL GROUP CORE EQUITY ET | [CGUS](https://holderbook.com/stocks/CGUS/) | $200.8K | 5,212 | 0.1% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $200.5K | 1,104 | 0.1% | 1 |
| V F CORP | [VFC](https://holderbook.com/stocks/VFC/) | $197.7K | 15,118 | 0.1% | 5 |

## 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 2025 | +6.6% | +10.5% | -3.9% | 100% |
| Q1 2025 | -2.6% | -4.6% | +1.9% | 97% |
| Q4 2024 | +1.6% | +2.1% | -0.6% | 100% |
| Q3 2024 | +6.7% | +5.4% | +1.3% | 97% |
| Q2 2024 | +2.9% | +4.0% | -1.2% | 100% |
| Q1 2024 | +7.0% | +10.0% | -3.1% | 100% |
| Q4 2023 | +10.5% | +11.2% | -0.6% | 100% |
| Q3 2023 | -4.0% | -3.6% | -0.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2025 | $149.2M | 93 |
| Q1 2025 | $131.4M | 85 |
| Q4 2024 | $135.0M | 86 |
| Q3 2024 | $121.2M | 87 |
| Q2 2024 | $114.9M | 86 |
| Q1 2024 | $103.4M | 81 |
| Q4 2023 | $87.8M | 80 |
| Q3 2023 | $80.8M | 77 |
| Q2 2023 | $74.3M | 79 |
| Q1 2023 | $69.7M | 77 |
| Q4 2022 | $64.8M | 73 |
| Q2 2022 | $66.9M | 74 |