# Fee-Only Financial Planning, L.C.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1954044. Source: https://holderbook.com/funds/1954044-fee-only-financial-planning-l-c/

- Reported value: $186.6M
- Positions: 45
- Weight of the ten largest: 87.1%
- Filed: 2026-07-29

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 | [VUG](https://holderbook.com/stocks/VUG/) | $54.2M | 629,499 | 29.1% | 15 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $35.0M | 160,709 | 18.8% | 15 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $16.1M | 200,192 | 8.6% | 15 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $13.0M | 42,733 | 6.9% | 15 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $12.6M | 51,858 | 6.8% | 15 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $10.8M | 29,523 | 5.8% | 15 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $8.3M | 99,219 | 4.5% | 15 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $4.7M | 6,908 | 2.5% | 15 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $4.5M | 22,542 | 2.4% | 15 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $3.3M | 8,920 | 1.8% | 15 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $2.6M | 10,520 | 1.4% | 15 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $2.2M | 7,093 | 1.2% | 15 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.0M | 34,317 | 1.0% | 15 |
| VANGUARD WORLD FD | [MGK](https://holderbook.com/stocks/MGK/) | $1.8M | 20,500 | 1.0% | 15 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.4M | 7,666 | 0.7% | 15 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $1.3M | 18,894 | 0.7% | 15 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $980.1K | 2,850 | 0.5% | 15 |
| VANGUARD WORLD FD | [VDE](https://holderbook.com/stocks/VDE/) | $960.8K | 6,400 | 0.5% | 15 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $803.6K | 2,777 | 0.4% | 13 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $741.3K | 10,303 | 0.4% | 15 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $710.8K | 14,268 | 0.4% | 15 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $707.1K | 5,172 | 0.4% | 15 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $638.8K | 4,669 | 0.3% | 15 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $565.1K | 1,512 | 0.3% | 9 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $528.1K | 5,518 | 0.3% | 15 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $525.3K | 25,377 | 0.3% | 15 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $486.4K | 414 | 0.3% | 5 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $456.0K | 7,640 | 0.2% | 15 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $439.5K | 1,178 | 0.2% | 15 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $343.6K | 5,941 | 0.2% | 15 |
| FIRST TR EXCHANGE-TRADED FD | [RDVY](https://holderbook.com/stocks/RDVY/) | $335.2K | 4,135 | 0.2% | 15 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $319.6K | 100 | 0.2% | 15 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $292.6K | 4,285 | 0.2% | 8 |
| ISHARES TR | [IJK](https://holderbook.com/stocks/IJK/) | $289.1K | 2,460 | 0.2% | 11 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $288.1K | 1,405 | 0.2% | 15 |
| ISHARES TR | [SCZ](https://holderbook.com/stocks/SCZ/) | $275.6K | 3,350 | 0.1% | 11 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $266.7K | 1,050 | 0.1% | 3 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $265.1K | 9,945 | 0.1% | 3 |
| FIDELITY COVINGTON TRUST | [FENY](https://holderbook.com/stocks/FENY/) | $264.3K | 8,940 | 0.1% | 15 |
| ISHARES TR | [IJT](https://holderbook.com/stocks/IJT/) | $235.8K | 1,320 | 0.1% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $231.8K | 315 | 0.1% | 1 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $224.9K | 2,631 | 0.1% | 2 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $218.7K | 1,600 | 0.1% | 1 |
| ISHARES TR | [IJJ](https://holderbook.com/stocks/IJJ/) | $212.7K | 1,440 | 0.1% | 1 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $202.9K | 645 | 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 | +13.8% | +14.8% | -1.0% | 100% |
| Q1 2026 | -2.4% | -4.6% | +2.3% | 100% |
| Q4 2025 | +1.3% | +2.4% | -1.1% | 100% |
| Q3 2025 | +7.1% | +7.8% | -0.8% | 100% |
| Q2 2025 | +9.5% | +10.5% | -0.9% | 100% |
| Q1 2025 | -4.0% | -4.6% | +0.5% | 100% |
| Q4 2024 | +1.0% | +2.1% | -1.1% | 100% |
| Q3 2024 | +6.5% | +5.4% | +1.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $186.6M | 45 |
| Q1 2026 | $165.7M | 43 |
| Q4 2025 | $171.5M | 42 |
| Q3 2025 | $171.4M | 42 |
| Q2 2025 | $161.5M | 41 |
| Q1 2025 | $146.5M | 41 |
| Q4 2024 | $154.8M | 40 |
| Q3 2024 | $156.1M | 40 |
| Q2 2024 | $148.5M | 40 |
| Q1 2024 | $148.2M | 41 |
| Q4 2023 | $138.5M | 41 |
| Q3 2023 | $124.1M | 40 |