# Stephenson & Company, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2001544. Source: https://holderbook.com/funds/2001544-stephenson-company-inc/

- Reported value: $213.5M
- Positions: 50
- Weight of the ten largest: 85.3%
- Filed: 2026-07-28

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 |
|---|---|---|---|---|---|
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $30.9M | 145,353 | 14.5% | 11 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $30.4M | 40,539 | 14.2% | 11 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $29.9M | 420,205 | 14.0% | 11 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $29.1M | 58,177 | 13.6% | 11 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $19.2M | 245,951 | 9.0% | 11 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $11.9M | 155,421 | 5.6% | 11 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $9.4M | 63,165 | 4.4% | 11 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $8.8M | 114,533 | 4.1% | 11 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $7.5M | 125,603 | 3.5% | 11 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $4.9M | 44,915 | 2.3% | 11 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $4.9M | 6,496 | 2.3% | 11 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $2.3M | 21,786 | 1.1% | 11 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.2M | 7,704 | 1.0% | 11 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $2.2M | 13,202 | 1.0% | 11 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $2.1M | 22,243 | 1.0% | 11 |
| SPDR SERIES TRUST | [JNK](https://holderbook.com/stocks/JNK/) | $2.0M | 21,208 | 1.0% | 11 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $1.5M | 5,158 | 0.7% | 11 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $1.5M | 2 | 0.7% | 11 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $1.4M | 2,080 | 0.7% | 4 |
| SEI EXCHANGE TRADED FUNDS | - | $1.1M | 42,600 | 0.5% | 1 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $973.7K | 9,373 | 0.5% | 11 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $766.7K | 3,832 | 0.4% | 5 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $575.2K | 3,386 | 0.3% | 7 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $462.9K | 6,767 | 0.2% | 11 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $418.5K | 1,136 | 0.2% | 5 |
| CAPITAL GROUP INTERNATIONAL | [CGIC](https://holderbook.com/stocks/CGIC/) | $417.6K | 11,476 | 0.2% | 1 |
| ISHARES TR | [ESGD](https://holderbook.com/stocks/ESGD/) | $397.8K | 3,869 | 0.2% | 7 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $361.3K | 4,314 | 0.2% | 11 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $338.7K | 3,422 | 0.2% | 11 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $329.2K | 519 | 0.2% | 11 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $324.8K | 921 | 0.2% | 11 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $324.0K | 1,336 | 0.2% | 11 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $310.5K | 918 | 0.1% | 10 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $304.0K | 315 | 0.1% | 1 |
| GRAYSCALE BITCOIN TRUST ETF | [GBTC](https://holderbook.com/stocks/GBTC/) | $291.3K | 6,400 | 0.1% | 10 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $282.2K | 679 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $274.9K | 907 | 0.1% | 5 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $268.6K | 1,127 | 0.1% | 5 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $265.5K | 752 | 0.1% | 3 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $261.1K | 1,249 | 0.1% | 3 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $257.9K | 2,338 | 0.1% | 11 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $257.6K | 500 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $256.9K | 2,982 | 0.1% | 11 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $255.0K | 9,207 | 0.1% | 11 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $241.0K | 857 | 0.1% | 6 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $222.3K | 1,626 | 0.1% | 2 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $213.8K | 1,290 | 0.1% | 2 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $211.2K | 559 | 0.1% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $206.6K | 578 | 0.1% | 1 |
| MILESTONE PHARMACEUTICALS IN | [MIST](https://holderbook.com/stocks/MIST/) | $26.8K | 20,000 | 0.0% | 4 |

## 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 | +8.6% | +14.8% | -6.3% | 100% |
| Q1 2026 | -1.3% | -4.6% | +3.3% | 100% |
| Q4 2025 | +1.2% | +2.4% | -1.2% | 100% |
| Q3 2025 | +4.9% | +7.8% | -2.9% | 100% |
| Q2 2025 | +3.3% | +10.5% | -7.2% | 100% |
| Q1 2025 | +2.3% | -4.6% | +6.8% | 100% |
| Q4 2024 | -2.4% | +2.1% | -4.5% | 100% |
| Q3 2024 | +7.4% | +5.4% | +1.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $213.5M | 50 |
| Q1 2026 | $184.4M | 43 |
| Q4 2025 | $182.1M | 45 |
| Q3 2025 | $174.1M | 43 |
| Q2 2025 | $164.6M | 42 |
| Q1 2025 | $153.9M | 39 |
| Q4 2024 | $148.6M | 36 |
| Q3 2024 | $147.8M | 39 |
| Q2 2024 | $134.9M | 36 |
| Q1 2024 | $136.8M | 38 |
| Q4 2023 | $119.3M | 36 |