# Hofer & Associates. Inc

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1958491. Source: https://holderbook.com/funds/1958491-hofer-associates-inc/

- Reported value: $206.9M
- Positions: 70
- Weight of the ten largest: 54.6%
- 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 |
|---|---|---|---|---|---|
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $24.7M | 207,313 | 11.9% | 19 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $16.6M | 181,339 | 8.0% | 8 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $13.8M | 226,703 | 6.7% | 19 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $12.1M | 140,328 | 5.8% | 19 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $10.0M | 27,480 | 4.8% | 19 |
| VANGUARD MALVERN FDS | [VCRB](https://holderbook.com/stocks/VCRB/) | $7.8M | 100,511 | 3.8% | 5 |
| SSGA ACTIVE TR | [STOT](https://holderbook.com/stocks/STOT/) | $7.5M | 159,481 | 3.6% | 19 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $7.2M | 30,540 | 3.5% | 19 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $6.8M | 118,506 | 3.3% | 19 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $6.6M | 41,734 | 3.2% | 19 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $6.5M | 22,455 | 3.1% | 19 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $6.3M | 197,820 | 3.0% | 19 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $5.9M | 29,245 | 2.8% | 15 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $5.6M | 11,278 | 2.7% | 19 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $5.4M | 67,355 | 2.6% | 19 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $5.2M | 53,611 | 2.5% | 13 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $5.1M | 41,079 | 2.5% | 19 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $4.8M | 32,498 | 2.3% | 19 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $4.5M | 54,824 | 2.2% | 10 |
| SSGA ACTIVE ETF TR | [SRLN](https://holderbook.com/stocks/SRLN/) | $3.8M | 93,745 | 1.8% | 19 |
| SPDR SERIES TRUST | [SPIB](https://holderbook.com/stocks/SPIB/) | $3.7M | 110,527 | 1.8% | 19 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $3.3M | 38,066 | 1.6% | 15 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $3.2M | 13,425 | 1.5% | 19 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.6M | 7,038 | 1.3% | 19 |
| ISHARES TR | [SHYG](https://holderbook.com/stocks/SHYG/) | $2.1M | 50,392 | 1.0% | 19 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $2.1M | 40,389 | 1.0% | 19 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.0M | 6,190 | 1.0% | 19 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.6M | 4,163 | 0.8% | 15 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $1.4M | 3,668 | 0.7% | 19 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.3M | 11,888 | 0.7% | 10 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.3M | 1,419 | 0.6% | 19 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $1.2M | 11,765 | 0.6% | 5 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.0M | 1,855 | 0.5% | 5 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $864.1K | 2,518 | 0.4% | 19 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $837.8K | 3,330 | 0.4% | 4 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $661.4K | 5,631 | 0.3% | 11 |
| PACER FDS TR | [COWZ](https://holderbook.com/stocks/COWZ/) | $648.1K | 10,419 | 0.3% | 10 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $639.0K | 4,419 | 0.3% | 11 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $622.0K | 1,761 | 0.3% | 4 |
| FIRST TR EXCHANGE-TRADED FD | [RDVY](https://holderbook.com/stocks/RDVY/) | $562.1K | 6,934 | 0.3% | 8 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $519.7K | 694 | 0.3% | 19 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $470.9K | 1,318 | 0.2% | 4 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $410.0K | 1,831 | 0.2% | 19 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $398.7K | 959 | 0.2% | 4 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $383.7K | 1,088 | 0.2% | 1 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $358.6K | 2,649 | 0.2% | 19 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $357.7K | 3,040 | 0.2% | 19 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $352.3K | 513 | 0.2% | 11 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $349.2K | 6,568 | 0.2% | 13 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $329.6K | 1,989 | 0.2% | 19 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $308.5K | 1,215 | 0.1% | 19 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $299.5K | 712 | 0.1% | 1 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $291.1K | 5,109 | 0.1% | 5 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $285.2K | 491 | 0.1% | 1 |
| VANECK ETF TRUST | [PFXF](https://holderbook.com/stocks/PFXF/) | $273.5K | 15,328 | 0.1% | 13 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $265.3K | 517 | 0.1% | 15 |
| PACER FDS TR | [GCOW](https://holderbook.com/stocks/GCOW/) | $262.6K | 6,064 | 0.1% | 6 |
| MARCUS & MILLICHAP INC | [MMI](https://holderbook.com/stocks/MMI/) | $260.1K | 8,344 | 0.1% | 19 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $257.3K | 660 | 0.1% | 3 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $252.2K | 1,996 | 0.1% | 3 |
| SPDR SERIES TRUST | [BILS](https://holderbook.com/stocks/BILS/) | $251.8K | 2,534 | 0.1% | 8 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $239.3K | 707 | 0.1% | 5 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $235.0K | 1,124 | 0.1% | 1 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $234.0K | 1,071 | 0.1% | 3 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $228.0K | 844 | 0.1% | 19 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $214.1K | 2,363 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $211.7K | 572 | 0.1% | 1 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $210.1K | 440 | 0.1% | 1 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $202.6K | 2,233 | 0.1% | 4 |
| WORLD GOLD TR | [GLDM](https://holderbook.com/stocks/GLDM/) | $201.8K | 2,541 | 0.1% | 3 |

## 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 | +8.7% | +14.8% | -6.1% | 100% |
| Q1 2026 | -2.7% | -4.6% | +2.0% | 100% |
| Q4 2025 | +1.3% | +2.4% | -1.1% | 100% |
| Q3 2025 | +5.2% | +7.8% | -2.6% | 100% |
| Q2 2025 | +6.5% | +10.5% | -4.0% | 100% |
| Q1 2025 | -2.7% | -4.6% | +1.9% | 100% |
| Q4 2024 | +0.7% | +2.1% | -1.4% | 100% |
| Q3 2024 | +5.3% | +5.4% | -0.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $206.9M | 70 |
| Q1 2026 | $186.1M | 64 |
| Q4 2025 | $188.7M | 66 |
| Q3 2025 | $174.6M | 60 |
| Q2 2025 | $160.3M | 55 |
| Q1 2025 | $147.3M | 57 |
| Q4 2024 | $149.0M | 60 |
| Q3 2024 | $145.0M | 60 |
| Q2 2024 | $129.0M | 56 |
| Q1 2024 | $118.8M | 55 |
| Q4 2023 | $107.7M | 53 |
| Q3 2023 | $97.5M | 48 |