# Forbes Financial Planning, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1911316. Source: https://holderbook.com/funds/1911316-forbes-financial-planning-inc/

- Reported value: $186.4M
- Positions: 38
- Weight of the ten largest: 69.9%
- Filed: 2026-07-23

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 | [IVV](https://holderbook.com/stocks/IVV/) | $17.2M | 22,945 | 9.2% | 19 |
| FIDELITY MERRIMACK STR TR | [FBND](https://holderbook.com/stocks/FBND/) | $16.3M | 358,978 | 8.8% | 7 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $16.0M | 202,765 | 8.6% | 14 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $14.0M | 196,183 | 7.5% | 17 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $13.1M | 53,767 | 7.0% | 19 |
| FIDELITY COVINGTON TRUST | [FENI](https://holderbook.com/stocks/FENI/) | $11.8M | 293,507 | 6.3% | 7 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $11.4M | 52,084 | 6.1% | 19 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $11.3M | 148,966 | 6.1% | 19 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $10.9M | 29,829 | 5.9% | 3 |
| SPDR SERIES TRUST | [SPIB](https://holderbook.com/stocks/SPIB/) | $8.4M | 251,705 | 4.5% | 14 |
| ISHARES TR | [FLOT](https://holderbook.com/stocks/FLOT/) | $7.9M | 154,217 | 4.2% | 3 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $7.8M | 21,059 | 4.2% | 14 |
| GOLDMAN SACHS ETF TR | [GSLC](https://holderbook.com/stocks/GSLC/) | $7.8M | 54,680 | 4.2% | 14 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $5.7M | 19,797 | 3.1% | 3 |
| WORLD GOLD TR | [GLDM](https://holderbook.com/stocks/GLDM/) | $4.2M | 53,510 | 2.3% | 3 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $3.7M | 44,377 | 2.0% | 5 |
| SPDR SERIES TRUST | [SLYG](https://holderbook.com/stocks/SLYG/) | $3.1M | 25,977 | 1.7% | 17 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.1M | 2,795 | 1.1% | 19 |
| FIDELITY COVINGTON TRUST | [FVAL](https://holderbook.com/stocks/FVAL/) | $1.9M | 24,627 | 1.0% | 12 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $1.8M | 11,692 | 1.0% | 19 |
| FIDELITY COVINGTON TRUST | [FBCG](https://holderbook.com/stocks/FBCG/) | $1.4M | 22,814 | 0.8% | 5 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $1.3M | 6,936 | 0.7% | 19 |
| ISHARES U S ETF TR | [NEAR](https://holderbook.com/stocks/NEAR/) | $795.6K | 15,704 | 0.4% | 9 |
| ISHARES TR | [IJT](https://holderbook.com/stocks/IJT/) | $728.7K | 4,080 | 0.4% | 19 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $726.6K | 1,948 | 0.4% | 19 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $697.7K | 9,504 | 0.4% | 12 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $626.1K | 3,461 | 0.3% | 5 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $567.6K | 2,801 | 0.3% | 2 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $476.1K | 2,700 | 0.3% | 3 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $472.5K | 9,126 | 0.3% | 10 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $441.9K | 5,130 | 0.2% | 14 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $335.7K | 950 | 0.2% | 3 |
| ISHARES TR | [IDU](https://holderbook.com/stocks/IDU/) | $327.7K | 2,859 | 0.2% | 19 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $310.2K | 904 | 0.2% | 14 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $232.1K | 341 | 0.1% | 3 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $230.1K | 2,404 | 0.1% | 6 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $219.4K | 298 | 0.1% | 1 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $204.6K | 10,700 | 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 | +8.4% | +14.8% | -6.4% | 100% |
| Q1 2026 | -0.7% | -4.6% | +3.9% | 101% |
| Q4 2025 | +1.3% | +2.4% | -1.1% | 99% |
| Q3 2025 | +6.0% | +7.8% | -1.9% | 100% |
| Q2 2025 | +4.8% | +10.5% | -5.6% | 99% |
| Q1 2025 | -1.3% | -4.6% | +3.2% | 100% |
| Q4 2024 | -1.9% | +2.1% | -4.0% | 100% |
| Q3 2024 | +6.0% | +5.4% | +0.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $186.4M | 38 |
| Q1 2026 | $173.1M | 38 |
| Q4 2025 | $171.0M | 36 |
| Q3 2025 | $151.3M | 32 |
| Q2 2025 | $148.0M | 34 |
| Q1 2025 | $135.0M | 31 |
| Q4 2024 | $206.4M | 31 |
| Q3 2024 | $138.8M | 30 |
| Q2 2024 | $127.3M | 30 |
| Q1 2024 | $116.2M | 29 |
| Q4 2023 | $107.4M | 29 |
| Q3 2023 | $93.3M | 28 |