# Kensington Asset Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1979884. Source: https://holderbook.com/funds/1979884-kensington-asset-management-llc/

- Reported value: $1.8B
- Positions: 39
- Weight of the ten largest: 80.5%
- Filed: 2026-08-12

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/) | $418.9M | 609,865 | 22.8% | 14 |
| PGIM ETF TR | [PULS](https://holderbook.com/stocks/PULS/) | $218.4M | 4,407,675 | 11.9% | 4 |
| VANGUARD BD INDEX FDS | [VUSB](https://holderbook.com/stocks/VUSB/) | $205.4M | 4,125,497 | 11.2% | 5 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $136.6M | 2,701,053 | 7.4% | 5 |
| ISHARES TR | [FLOT](https://holderbook.com/stocks/FLOT/) | $107.3M | 2,101,238 | 5.8% | 6 |
| JANUS DETROIT STR TR | [VNLA](https://holderbook.com/stocks/VNLA/) | $99.1M | 2,028,176 | 5.4% | 6 |
| VANECK ETF TRUST | [FLTR](https://holderbook.com/stocks/FLTR/) | $84.9M | 3,314,952 | 4.6% | 5 |
| SPDR SERIES TRUST | [SPHY](https://holderbook.com/stocks/SPHY/) | $81.0M | 3,453,978 | 4.4% | 11 |
| ISHARES TR | [USHY](https://holderbook.com/stocks/USHY/) | $79.3M | 2,140,983 | 4.3% | 11 |
| DBX ETF TR | [HYLB](https://holderbook.com/stocks/HYLB/) | $46.5M | 1,272,962 | 2.5% | 11 |
| PIMCO ETF TR | [PYLD](https://holderbook.com/stocks/PYLD/) | $46.2M | 1,740,431 | 2.5% | 8 |
| GOLDMAN SACHS ETF TR | [GSST](https://holderbook.com/stocks/GSST/) | $45.8M | 905,991 | 2.5% | 5 |
| AB ACTIVE ETFS INC | [YEAR](https://holderbook.com/stocks/YEAR/) | $43.8M | 869,794 | 2.4% | 5 |
| VANECK ETF TRUST | [ANGL](https://holderbook.com/stocks/ANGL/) | $36.4M | 1,244,430 | 2.0% | 11 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $31.5M | 623,470 | 1.7% | 3 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $29.7M | 511,014 | 1.6% | 3 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $25.7M | 435,894 | 1.4% | 2 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $14.3M | 38,539 | 0.8% | 4 |
| BNY MELLON ETF TRUST | [BKUI](https://holderbook.com/stocks/BKUI/) | $7.4M | 147,692 | 0.4% | 6 |
| CAPITAL GRP FIXED INCM ETF T | [CGUI](https://holderbook.com/stocks/CGUI/) | $7.2M | 284,915 | 0.4% | 5 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $6.4M | 123,770 | 0.3% | 5 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $6.4M | 111,072 | 0.3% | 3 |
| FRANKLIN TEMPLETON ETF TR | [FLJP](https://holderbook.com/stocks/FLJP/) | $6.3M | 158,041 | 0.3% | 5 |
| INVESCO ACTVELY MNGD ETC FD | [PDBC](https://holderbook.com/stocks/PDBC/) | $6.2M | 392,091 | 0.3% | 2 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $6.0M | 8,100 | 0.3% | 5 |
| ISHARES TR | [HDV](https://holderbook.com/stocks/HDV/) | $5.2M | 188,695 | 0.3% | 4 |
| VANGUARD SCOTTSDALE FDS | [VGLT](https://holderbook.com/stocks/VGLT/) | $4.6M | 83,744 | 0.3% | 2 |
| BNY MELLON ETF TRUST | [BKGI](https://holderbook.com/stocks/BKGI/) | $4.3M | 94,680 | 0.2% | 5 |
| BLACKROCK ETF TRUST | [IALT](https://holderbook.com/stocks/IALT/) | $3.4M | 120,000 | 0.2% | 1 |
| ISHARES INC | [EMHY](https://holderbook.com/stocks/EMHY/) | $3.3M | 81,603 | 0.2% | 4 |
| ETFS GOLD TR | [SGOL](https://holderbook.com/stocks/SGOL/) | $3.3M | 86,301 | 0.2% | 4 |
| SIMPLIFY EXCHANGE TRADED FUN | [CTAP](https://holderbook.com/stocks/CTAP/) | $2.6M | 100,000 | 0.1% | 1 |
| NUSHARES ETF TR | [NUSB](https://holderbook.com/stocks/NUSB/) | $2.5M | 100,700 | 0.1% | 4 |
| EA SERIES TRUST | [FRDM](https://holderbook.com/stocks/FRDM/) | $2.4M | 33,316 | 0.1% | 2 |
| INVESCO EXCH TRADED FD TR II | [IDMO](https://holderbook.com/stocks/IDMO/) | $2.0M | 32,771 | 0.1% | 2 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $1.6M | 16,462 | 0.1% | 5 |
| NUSHARES ETF TR | [NSCI](https://holderbook.com/stocks/NSCI/) | $1.3M | 50,000 | 0.1% | 3 |
| JOHN HANCOCK EXCHANGE TRADED | [JHHY](https://holderbook.com/stocks/JHHY/) | $646.3K | 25,281 | 0.0% | 8 |
| PIMCO ETF TR | [LONZ](https://holderbook.com/stocks/LONZ/) | $468.9K | 9,509 | 0.0% | 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 | +7.2% | +14.8% | -7.6% | 100% |
| Q1 2026 | -3.8% | -4.6% | +0.8% | 99% |
| Q4 2025 | +1.0% | +2.4% | -1.4% | 100% |
| Q3 2025 | +5.6% | +7.8% | -2.2% | 100% |
| Q2 2025 | +2.6% | +10.5% | -7.8% | 99% |
| Q1 2025 | -3.6% | -4.6% | +0.9% | 100% |
| Q4 2024 | +1.1% | +2.1% | -1.1% | 101% |
| Q3 2024 | +2.5% | +5.4% | -3.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.8B | 39 |
| Q1 2026 | $1.8B | 42 |
| Q4 2025 | $1.9B | 41 |
| Q3 2025 | $1.7B | 37 |
| Q2 2025 | $1.3B | 29 |
| Q1 2025 | $951.5M | 29 |
| Q4 2024 | $1.7B | 26 |
| Q3 2024 | $1.8B | 30 |
| Q2 2024 | $926.6M | 20 |
| Q1 2024 | $2.0B | 23 |
| Q4 2023 | $1.9B | 23 |
| Q3 2023 | $960.8M | 6 |