# Kathleen S. Wright Associates Inc.

> Institutional holdings reported to the SEC as of Q3 2025 on Form 13F. CIK 1908433. Source: https://holderbook.com/funds/1908433-kathleen-s-wright-associates-inc/

- Reported value: $269.7M
- Positions: 236
- Weight of the ten largest: 49.3%
- Filed: 2025-10-10

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 | [VOO](https://holderbook.com/stocks/VOO/) | $29.0M | 47,275 | 10.7% | 16 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $24.6M | 48,969 | 9.1% | 16 |
| VANECK ETF TRUST | [MOAT](https://holderbook.com/stocks/MOAT/) | $16.7M | 168,156 | 6.2% | 16 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $13.5M | 133,816 | 5.0% | 14 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $11.3M | 23,620 | 4.2% | 16 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $9.3M | 31,693 | 3.5% | 16 |
| WISDOMTREE TR | [EES](https://holderbook.com/stocks/EES/) | $7.5M | 134,121 | 2.8% | 16 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $7.3M | 22,129 | 2.7% | 13 |
| VANGUARD WHITEHALL FDS | [VIGI](https://holderbook.com/stocks/VIGI/) | $7.2M | 79,851 | 2.7% | 16 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $6.6M | 20,083 | 2.4% | 16 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $6.4M | 274,365 | 2.4% | 16 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $6.1M | 63,955 | 2.3% | 16 |
| SCHWAB STRATEGIC TR | [SCHC](https://holderbook.com/stocks/SCHC/) | $5.8M | 127,093 | 2.1% | 16 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $5.6M | 81,634 | 2.1% | 12 |
| EA SERIES TRUST | [QVAL](https://holderbook.com/stocks/QVAL/) | $4.9M | 105,374 | 1.8% | 16 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $3.9M | 15,224 | 1.4% | 16 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $3.7M | 17,867 | 1.4% | 16 |
| HARTFORD FDS EXCHANGE TRADED | [HTRB](https://holderbook.com/stocks/HTRB/) | $3.5M | 102,738 | 1.3% | 16 |
| DIMENSIONAL ETF TRUST | [DFUS](https://holderbook.com/stocks/DFUS/) | $3.5M | 48,342 | 1.3% | 9 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $3.1M | 13,862 | 1.1% | 16 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $3.0M | 4,520 | 1.1% | 16 |
| SCHWAB STRATEGIC TR | [SCHR](https://holderbook.com/stocks/SCHR/) | $2.8M | 110,723 | 1.0% | 16 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $2.7M | 7,727 | 1.0% | 16 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $2.7M | 1,378 | 1.0% | 16 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.6M | 10,639 | 1.0% | 16 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $2.5M | 53,010 | 0.9% | 16 |
| WISDOMTREE TR | [DLS](https://holderbook.com/stocks/DLS/) | $2.3M | 29,262 | 0.9% | 16 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $2.2M | 7,583 | 0.8% | 16 |
| VANGUARD INTL EQUITY INDEX F | [VSS](https://holderbook.com/stocks/VSS/) | $2.2M | 15,100 | 0.8% | 16 |
| J P MORGAN EXCHANGE TRADED F | [JMST](https://holderbook.com/stocks/JMST/) | $2.1M | 40,637 | 0.8% | 16 |
| DIMENSIONAL ETF TRUST | [DFEM](https://holderbook.com/stocks/DFEM/) | $2.1M | 64,425 | 0.8% | 10 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $2.1M | 27,710 | 0.8% | 16 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $2.0M | 27,018 | 0.7% | 13 |
| VANGUARD ADMIRAL FDS INC | [VIOO](https://holderbook.com/stocks/VIOO/) | $2.0M | 17,938 | 0.7% | 16 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.6M | 8,700 | 0.6% | 16 |
| BROOKFIELD ASSET MANAGMT LTD | [BAM](https://holderbook.com/stocks/BAM/) | $1.6M | 27,783 | 0.6% | 12 |
| SPDR INDEX SHS FDS | [EWX](https://holderbook.com/stocks/EWX/) | $1.6M | 23,314 | 0.6% | 16 |
| ISHARES TR | [EFAV](https://holderbook.com/stocks/EFAV/) | $1.6M | 18,304 | 0.6% | 16 |
| VANGUARD WELLINGTON FD | [VTES](https://holderbook.com/stocks/VTES/) | $1.5M | 15,160 | 0.6% | 6 |
| DIMENSIONAL ETF TRUST | [DFAX](https://holderbook.com/stocks/DFAX/) | $1.5M | 49,051 | 0.6% | 10 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $1.5M | 10,664 | 0.6% | 16 |
| SPDR SERIES TRUST | [SPBO](https://holderbook.com/stocks/SPBO/) | $1.5M | 50,348 | 0.6% | 16 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.5M | 5,940 | 0.5% | 16 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $1.3M | 9,072 | 0.5% | 16 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $1.2M | 14,718 | 0.5% | 12 |
| DIMENSIONAL ETF TRUST | [DCOR](https://holderbook.com/stocks/DCOR/) | $1.2M | 16,342 | 0.4% | 7 |
| VANECK ETF TRUST | [MOTI](https://holderbook.com/stocks/MOTI/) | $1.2M | 31,685 | 0.4% | 16 |
| DAVIS FUNDAMENTAL ETF TR | [DUSA](https://holderbook.com/stocks/DUSA/) | $1.1M | 23,225 | 0.4% | 16 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $1.1M | 5,732 | 0.4% | 13 |
| ISHARES TR | [HEFA](https://holderbook.com/stocks/HEFA/) | $1.1M | 26,879 | 0.4% | 16 |
| VANGUARD SCOTTSDALE FDS | [VMBS](https://holderbook.com/stocks/VMBS/) | $1.1M | 22,539 | 0.4% | 16 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $1.0M | 16,069 | 0.4% | 16 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $991.9K | 1,915 | 0.4% | 14 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $963.7K | 3,758 | 0.4% | 16 |
| VANGUARD WHITEHALL FDS | [VYMI](https://holderbook.com/stocks/VYMI/) | $926.3K | 10,939 | 0.3% | 16 |
| DIMENSIONAL ETF TRUST | [DFSV](https://holderbook.com/stocks/DFSV/) | $888.9K | 27,919 | 0.3% | 10 |
| DIMENSIONAL ETF TRUST | [DFAC](https://holderbook.com/stocks/DFAC/) | $863.4K | 22,384 | 0.3% | 7 |
| DIMENSIONAL ETF TRUST | [DFSD](https://holderbook.com/stocks/DFSD/) | $814.3K | 16,898 | 0.3% | 10 |
| ISHARES INC | [EEMV](https://holderbook.com/stocks/EEMV/) | $805.8K | 12,624 | 0.3% | 16 |
| DAVIS FUNDAMENTAL ETF TR | [DINT](https://holderbook.com/stocks/DINT/) | $804.6K | 28,755 | 0.3% | 16 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $798.5K | 14,822 | 0.3% | 16 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $789.0K | 3,656 | 0.3% | 16 |
| 1/100 BERKSHIRE HTWY CLA 100 S | - | $751.0K | 1 | 0.3% | 9 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $749.4K | 17,514 | 0.3% | 16 |
| COCA COLA CONS INC | [COKE](https://holderbook.com/stocks/COKE/) | $727.2K | 11,000 | 0.3% | 9 |
| WISDOMTREE TR | [DGS](https://holderbook.com/stocks/DGS/) | $651.1K | 11,403 | 0.2% | 16 |
| WHITE MTNS INS GROUP LTD | [WTM](https://holderbook.com/stocks/WTM/) | $646.8K | 340 | 0.2% | 9 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $594.4K | 5,002 | 0.2% | 16 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $583.7K | 3,055 | 0.2% | 16 |
| DIMENSIONAL ETF TRUST | [DFCF](https://holderbook.com/stocks/DFCF/) | $564.4K | 13,199 | 0.2% | 10 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $534.1K | 102 | 0.2% | 16 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $513.2K | 3,400 | 0.2% | 9 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $503.3K | 6,075 | 0.2% | 16 |
| CSW INDUSTRIALS INC | [CSW](https://holderbook.com/stocks/CSW/) | $489.7K | 2,000 | 0.2% | 9 |
| ISHARES TR | [IEI](https://holderbook.com/stocks/IEI/) | $484.0K | 4,050 | 0.2% | 16 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $483.8K | 6,649 | 0.2% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $476.4K | 1,871 | 0.2% | 14 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $473.1K | 2,510 | 0.2% | 16 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $471.6K | 9,297 | 0.2% | 16 |
| NESTLE SA ADR | [NSRGY](https://holderbook.com/stocks/NSRGY/) | $446.3K | 4,790 | 0.2% | 9 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $434.9K | 900 | 0.2% | 16 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $413.6K | 2,840 | 0.2% | 5 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $403.5K | 9,181 | 0.1% | 7 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $399.3K | 7,370 | 0.1% | 16 |
| COSTAR GROUP INC | [CSGP](https://holderbook.com/stocks/CSGP/) | $375.1K | 4,700 | 0.1% | 16 |
| VANGUARD ADMIRAL FDS INC | [IVOO](https://holderbook.com/stocks/IVOO/) | $367.9K | 3,333 | 0.1% | 16 |
| LATTICE STRATEGIES TR | [ROUS](https://holderbook.com/stocks/ROUS/) | $356.4K | 6,200 | 0.1% | 16 |
| SPDR SERIES TRUST | [CWB](https://holderbook.com/stocks/CWB/) | $353.2K | 3,903 | 0.1% | 12 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $352.1K | 3,075 | 0.1% | 16 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $351.7K | 3,294 | 0.1% | 16 |
| DIAGEO PLC | [DGEAF](https://holderbook.com/stocks/DGEAF/) | $330.7K | 3,460 | 0.1% | 9 |
| DIMENSIONAL ETF TRUST | [DFUV](https://holderbook.com/stocks/DFUV/) | $328.4K | 7,348 | 0.1% | 6 |
| ISHARES TR | [QLTA](https://holderbook.com/stocks/QLTA/) | $319.9K | 6,600 | 0.1% | 16 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $289.7K | 11,225 | 0.1% | 9 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $289.3K | 500 | 0.1% | 16 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $285.9K | 3,000 | 0.1% | 16 |
| LATTICE STRATEGIES TR | [RODM](https://holderbook.com/stocks/RODM/) | $283.9K | 7,992 | 0.1% | 16 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $283.9K | 922 | 0.1% | 16 |
| DICKS SPORTING GOODS INC | [DKS](https://holderbook.com/stocks/DKS/) | $277.8K | 1,250 | 0.1% | 16 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $273.6K | 1,442 | 0.1% | 16 |

## 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 | +5.2% | +7.8% | -2.7% | 100% |
| Q2 2025 | +6.1% | +10.5% | -4.3% | 100% |
| Q1 2025 | -0.4% | -4.6% | +4.2% | 99% |
| Q4 2024 | -0.4% | +2.1% | -2.5% | 100% |
| Q3 2024 | +8.0% | +5.4% | +2.6% | 99% |
| Q2 2024 | -0.6% | +4.0% | -4.7% | 100% |
| Q1 2024 | +6.7% | +10.0% | -3.3% | 100% |
| Q4 2023 | +9.5% | +11.2% | -1.6% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2025 | $269.7M | 236 |
| Q2 2025 | $256.2M | 245 |
| Q1 2025 | $241.9M | 252 |
| Q4 2024 | $240.0M | 263 |
| Q3 2024 | $242.3M | 294 |
| Q2 2024 | $217.7M | 224 |
| Q1 2024 | $212.2M | 234 |
| Q4 2023 | $196.6M | 197 |
| Q3 2023 | $178.7M | 194 |
| Q2 2023 | $156.9M | 167 |
| Q1 2023 | $152.3M | 163 |
| Q4 2022 | $147.6M | 196 |