# Joel Adams & Associates, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2020459. Source: https://holderbook.com/funds/2020459-joel-adams-associates-inc/

- Reported value: $155.7M
- Positions: 68
- Weight of the ten largest: 68.0%
- Filed: 2026-08-06

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/) | $22.3M | 32,441 | 14.3% | 7 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $18.9M | 191,138 | 12.1% | 7 |
| MORGAN STANLEY ETF TRUST | [CVLC](https://holderbook.com/stocks/CVLC/) | $12.0M | 126,566 | 7.7% | 4 |
| VANGUARD WORLD FD | [VSGX](https://holderbook.com/stocks/VSGX/) | $11.9M | 144,564 | 7.6% | 7 |
| ISHARES TR | [EAGG](https://holderbook.com/stocks/EAGG/) | $10.9M | 230,463 | 7.0% | 7 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $10.7M | 211,201 | 6.9% | 7 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $5.6M | 58,417 | 3.6% | 7 |
| PIMCO ETF TR | [MINT](https://holderbook.com/stocks/MINT/) | $5.3M | 52,430 | 3.4% | 7 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $4.9M | 57,874 | 3.2% | 7 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $3.3M | 30,985 | 2.1% | 7 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $3.3M | 42,959 | 2.1% | 7 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $2.9M | 35,611 | 1.8% | 7 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $2.6M | 2,133 | 1.6% | 7 |
| DIMENSIONAL ETF TRUST | [DFSU](https://holderbook.com/stocks/DFSU/) | $2.3M | 48,915 | 1.5% | 7 |
| MORGAN STANLEY ETF TRUST | [CVMC](https://holderbook.com/stocks/CVMC/) | $2.3M | 29,926 | 1.5% | 4 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $2.3M | 27,460 | 1.5% | 7 |
| ISHARES TR | [USHY](https://holderbook.com/stocks/USHY/) | $2.2M | 60,476 | 1.4% | 7 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $2.2M | 14,905 | 1.4% | 7 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $2.0M | 27,792 | 1.3% | 7 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.7M | 4,646 | 1.1% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.5M | 5,349 | 1.0% | 7 |
| ISHARES U S ETF TR | [NEAR](https://holderbook.com/stocks/NEAR/) | $1.4M | 27,473 | 0.9% | 7 |
| VANGUARD WORLD FD | [ESGV](https://holderbook.com/stocks/ESGV/) | $1.3M | 9,875 | 0.8% | 7 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $1.1M | 10,539 | 0.7% | 7 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $888.5K | 11,674 | 0.6% | 7 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $836.1K | 2,439 | 0.5% | 7 |
| ETF SER SOLUTIONS | [VEGN](https://holderbook.com/stocks/VEGN/) | $801.6K | 9,745 | 0.5% | 7 |
| SPDR SERIES TRUST | [HYMB](https://holderbook.com/stocks/HYMB/) | $783.2K | 30,785 | 0.5% | 7 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $773.2K | 1,050 | 0.5% | 7 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $736.4K | 8,379 | 0.5% | 7 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $716.1K | 4,706 | 0.5% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $679.5K | 1,358 | 0.4% | 7 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $660.1K | 881 | 0.4% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $651.5K | 1,823 | 0.4% | 7 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $641.8K | 6,654 | 0.4% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $621.6K | 1,899 | 0.4% | 7 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $620.2K | 27,224 | 0.4% | 4 |
| DIMENSIONAL ETF TRUST | [DFSI](https://holderbook.com/stocks/DFSI/) | $594.2K | 13,176 | 0.4% | 7 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $585.4K | 2,305 | 0.4% | 7 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $549.9K | 1,474 | 0.4% | 7 |
| VANGUARD BD INDEX FDS | [VUSB](https://holderbook.com/stocks/VUSB/) | $538.4K | 10,815 | 0.3% | 2 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $518.7K | 4,178 | 0.3% | 6 |
| ISHARES TR | [SUSB](https://holderbook.com/stocks/SUSB/) | $488.6K | 19,553 | 0.3% | 7 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $457.6K | 2,402 | 0.3% | 6 |
| ISHARES TR | [ILCG](https://holderbook.com/stocks/ILCG/) | $454.1K | 3,880 | 0.3% | 4 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $440.9K | 1,819 | 0.3% | 6 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $430.2K | 4,549 | 0.3% | 7 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $425.7K | 2,000 | 0.3% | 7 |
| DIMENSIONAL ETF TRUST | [DFAX](https://holderbook.com/stocks/DFAX/) | $420.2K | 11,407 | 0.3% | 7 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $414.0K | 7,020 | 0.3% | 6 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $413.4K | 8,537 | 0.3% | 7 |
| VANGUARD WORLD FD | [VCEB](https://holderbook.com/stocks/VCEB/) | $336.8K | 5,366 | 0.2% | 7 |
| ISHARES TR | [XJH](https://holderbook.com/stocks/XJH/) | $330.7K | 6,342 | 0.2% | 5 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $322.0K | 1,351 | 0.2% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $318.1K | 1,590 | 0.2% | 7 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $305.0K | 326 | 0.2% | 7 |
| ISHARES TR | [IWS](https://holderbook.com/stocks/IWS/) | $295.2K | 1,793 | 0.2% | 3 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $277.1K | 2,189 | 0.2% | 7 |
| DIMENSIONAL ETF TRUST | [DFSE](https://holderbook.com/stocks/DFSE/) | $264.3K | 5,408 | 0.2% | 2 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $256.6K | 241 | 0.2% | 1 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $251.1K | 712 | 0.2% | 7 |
| SPDR SERIES TRUST | [SPIB](https://holderbook.com/stocks/SPIB/) | $249.8K | 7,464 | 0.2% | 2 |
| NUSHARES ETF TR | [NUMV](https://holderbook.com/stocks/NUMV/) | $232.8K | 5,353 | 0.1% | 5 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $231.1K | 855 | 0.1% | 7 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $224.2K | 3,146 | 0.1% | 1 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $222.9K | 2,540 | 0.1% | 3 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $213.4K | 1,256 | 0.1% | 1 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $211.1K | 442 | 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 | +8.6% | +14.8% | -6.2% | 100% |
| Q1 2026 | -1.6% | -4.6% | +3.0% | 100% |
| Q4 2025 | +1.6% | +2.4% | -0.8% | 100% |
| Q3 2025 | +4.5% | +7.8% | -3.3% | 100% |
| Q2 2025 | +4.9% | +10.5% | -5.5% | 100% |
| Q1 2025 | -0.3% | -4.6% | +4.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $155.7M | 68 |
| Q1 2026 | $134.7M | 64 |
| Q4 2025 | $133.0M | 63 |
| Q3 2025 | $124.0M | 63 |
| Q2 2025 | $113.0M | 61 |
| Q1 2025 | $111.1M | 61 |
| Q4 2024 | $110.1M | 58 |