# Stephens Consulting, LLC

> Institutional holdings reported to the SEC as of Q4 2025 on Form 13F. CIK 1961632. Source: https://holderbook.com/funds/1961632-stephens-consulting-llc/

- Reported value: $309.4M
- Positions: 476
- Weight of the ten largest: 78.1%
- Filed: 2026-01-13

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/) | $66.3M | 105,780 | 21.4% | 17 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $30.2M | 407,094 | 9.7% | 17 |
| FIDELITY COVINGTON TRUST | [FENI](https://holderbook.com/stocks/FENI/) | $27.4M | 748,808 | 8.9% | 4 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $25.7M | 88,518 | 8.3% | 17 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $22.1M | 115,522 | 7.1% | 17 |
| J P MORGAN EXCHANGE TRADED F | [JMUB](https://holderbook.com/stocks/JMUB/) | $18.8M | 372,925 | 6.1% | 11 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $18.3M | 71,033 | 5.9% | 17 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $14.8M | 145,109 | 4.8% | 15 |
| ISHARES TR | [IBTG](https://holderbook.com/stocks/IBTG/) | $9.1M | 397,664 | 2.9% | 12 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $9.0M | 17,888 | 2.9% | 17 |
| RAYMOND JAMES FINL INC | [RJF](https://holderbook.com/stocks/RJF/) | $6.5M | 40,278 | 2.1% | 17 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $6.4M | 71,189 | 2.1% | 17 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $4.7M | 21,399 | 1.5% | 17 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.3M | 12,191 | 1.1% | 17 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $2.7M | 5,621 | 0.9% | 17 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $2.7M | 5,770 | 0.9% | 17 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.6M | 13,954 | 0.8% | 17 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.6M | 8,045 | 0.8% | 17 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $2.1M | 21,466 | 0.7% | 12 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $1.7M | 8,022 | 0.6% | 17 |
| ROBINHOOD MKTS INC | [HOOD](https://holderbook.com/stocks/HOOD/) | $1.5M | 13,000 | 0.5% | 3 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $1.2M | 6,413 | 0.4% | 17 |
| DTE ENERGY CO | [DTE](https://holderbook.com/stocks/DTE/) | $1.1M | 8,686 | 0.4% | 17 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.1M | 2,189 | 0.3% | 17 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $938.0K | 15,015 | 0.3% | 17 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $925.0K | 4,423 | 0.3% | 17 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $792.4K | 7,398 | 0.3% | 17 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $709.0K | 3,426 | 0.2% | 17 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $640.9K | 5,753 | 0.2% | 17 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $609.9K | 1,539 | 0.2% | 17 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $602.5K | 1,413 | 0.2% | 12 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $598.6K | 1,331 | 0.2% | 17 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $516.9K | 3,601 | 0.2% | 17 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $506.1K | 1,084 | 0.2% | 17 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $486.0K | 8,429 | 0.2% | 17 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $477.4K | 1,516 | 0.2% | 17 |
| ISHARES TR | [IUSG](https://holderbook.com/stocks/IUSG/) | $462.5K | 2,754 | 0.1% | 17 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $448.4K | 1,370 | 0.1% | 17 |
| OKLO INC | [OKLO](https://holderbook.com/stocks/OKLO/) | $430.6K | 6,000 | 0.1% | 5 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $420.1K | 1,221 | 0.1% | 17 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $402.0K | 2,805 | 0.1% | 17 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $401.0K | 1,141 | 0.1% | 17 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $393.4K | 2,741 | 0.1% | 17 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $381.4K | 3,030 | 0.1% | 16 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $380.8K | 3,164 | 0.1% | 17 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $357.8K | 1,143 | 0.1% | 17 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $353.6K | 2,881 | 0.1% | 17 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $334.4K | 1,464 | 0.1% | 17 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $323.1K | 564 | 0.1% | 17 |
| SCOTTS MIRACLE-GRO CO | [SMG](https://holderbook.com/stocks/SMG/) | $305.9K | 5,242 | 0.1% | 17 |
| CMS ENERGY CORP | [CMS](https://holderbook.com/stocks/CMS/) | $288.8K | 4,130 | 0.1% | 17 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $282.6K | 3,544 | 0.1% | 17 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $266.3K | 309 | 0.1% | 17 |
| BLOOM ENERGY CORP | [BE](https://holderbook.com/stocks/BE/) | $260.7K | 3,000 | 0.1% | 1 |
| DT MIDSTREAM INC | [DTM](https://holderbook.com/stocks/DTM/) | $234.6K | 1,960 | 0.1% | 17 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $231.1K | 1,091 | 0.1% | 17 |
| HUNTINGTON BANCSHARES INC | [HBAN](https://holderbook.com/stocks/HBAN/) | $230.6K | 13,288 | 0.1% | 17 |
| REDDIT INC | [RDDT](https://holderbook.com/stocks/RDDT/) | $229.9K | 1,000 | 0.1% | 1 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $220.6K | 322 | 0.1% | 17 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $216.9K | 1,013 | 0.1% | 1 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $209.7K | 1,789 | 0.1% | 17 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $207.0K | 560 | 0.1% | 13 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $201.0K | 2,609 | 0.1% | 17 |
| PROFESIONALLY MANAGED PORTFO | [AKRE](https://holderbook.com/stocks/AKRE/) | $195.9K | 2,991 | 0.1% | 1 |
| ALPS ETF TR | [OUSA](https://holderbook.com/stocks/OUSA/) | $190.1K | 3,294 | 0.1% | 15 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $188.7K | 2,164 | 0.1% | 17 |
| FORD MTR CO | [F](https://holderbook.com/stocks/F/) | $184.6K | 14,068 | 0.1% | 17 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $181.7K | 1,597 | 0.1% | 17 |
| RYANAIR HOLDINGS PLC | [RYAAY](https://holderbook.com/stocks/RYAAY/) | $180.5K | 2,500 | 0.1% | 17 |
| PARK NATL CORP | [PRK](https://holderbook.com/stocks/PRK/) | $173.9K | 1,143 | 0.1% | 4 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $172.8K | 1,077 | 0.1% | 17 |
| AVERY DENNISON CORP | [AVY](https://holderbook.com/stocks/AVY/) | $171.7K | 944 | 0.1% | 17 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $171.1K | 300 | 0.1% | 17 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $169.4K | 1,415 | 0.1% | 17 |
| ISHARES TR | [ESGD](https://holderbook.com/stocks/ESGD/) | $159.4K | 1,676 | 0.1% | 17 |
| CIRCLE INTERNET GROUP INC | [CRCL](https://holderbook.com/stocks/CRCL/) | $158.6K | 2,000 | 0.1% | 2 |
| RPM INTL INC | [RPM](https://holderbook.com/stocks/RPM/) | $156.6K | 1,506 | 0.1% | 17 |
| VANGUARD WHITEHALL FDS | [VYMI](https://holderbook.com/stocks/VYMI/) | $153.3K | 1,703 | 0.0% | 17 |
| ELASTIC N V | [ESTC](https://holderbook.com/stocks/ESTC/) | $150.9K | 2,000 | 0.0% | 5 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $144.3K | 532 | 0.0% | 17 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $141.1K | 303 | 0.0% | 17 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $136.4K | 200 | 0.0% | 17 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $134.6K | 935 | 0.0% | 17 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $134.0K | 452 | 0.0% | 17 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $128.6K | 1,288 | 0.0% | 17 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $126.9K | 1,348 | 0.0% | 17 |
| ISHARES TR | [XJH](https://holderbook.com/stocks/XJH/) | $123.4K | 2,763 | 0.0% | 8 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $122.1K | 504 | 0.0% | 17 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $119.8K | 519 | 0.0% | 17 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $119.0K | 4,424 | 0.0% | 14 |
| PDD HOLDINGS INC | [PDD](https://holderbook.com/stocks/PDD/) | $113.4K | 1,000 | 0.0% | 5 |
| KB HOME | [KBH](https://holderbook.com/stocks/KBH/) | $112.8K | 2,000 | 0.0% | 4 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $112.4K | 935 | 0.0% | 17 |
| ISHARES TR | [IUSV](https://holderbook.com/stocks/IUSV/) | $110.9K | 1,082 | 0.0% | 17 |
| INGREDION INC | [INGR](https://holderbook.com/stocks/INGR/) | $110.3K | 1,000 | 0.0% | 17 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $109.9K | 3,000 | 0.0% | 4 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $107.3K | 351 | 0.0% | 17 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $104.3K | 2,050 | 0.0% | 17 |
| SPDR SERIES TRUST | [XHB](https://holderbook.com/stocks/XHB/) | $103.0K | 1,000 | 0.0% | 2 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $102.7K | 891 | 0.0% | 17 |

## 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 |
|---|---|---|---|---|
| Q4 2025 | +0.9% | +2.4% | -1.5% | 100% |
| Q3 2025 | +5.9% | +7.8% | -1.9% | 100% |
| Q2 2025 | +6.5% | +10.5% | -4.0% | 100% |
| Q1 2025 | -1.3% | -4.6% | +3.2% | 100% |
| Q4 2024 | -0.9% | +2.1% | -3.0% | 100% |
| Q3 2024 | +6.0% | +5.4% | +0.5% | 100% |
| Q2 2024 | +0.2% | +4.0% | -3.9% | 100% |
| Q1 2024 | +6.9% | +10.0% | -3.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2025 | $309.4M | 476 |
| Q3 2025 | $292.1M | 388 |
| Q2 2025 | $421.7M | 1,185 |
| Q1 2025 | $398.9M | 1,514 |
| Q4 2024 | $399.6M | 517 |
| Q3 2024 | $392.1M | 516 |
| Q2 2024 | $351.9M | 648 |
| Q1 2024 | $325.9M | 475 |
| Q4 2023 | $295.2M | 485 |
| Q3 2023 | $246.2M | 502 |
| Q2 2023 | $252.4M | 499 |
| Q1 2023 | $165.9M | 523 |