# DEFINE FINANCIAL, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2021320. Source: https://holderbook.com/funds/2021320-define-financial-llc/

- Reported value: $217.8M
- Positions: 47
- Weight of the ten largest: 91.4%
- Filed: 2026-07-14

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 |
|---|---|---|---|---|---|
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $32.8M | 263,037 | 15.1% | 7 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $32.4M | 644,675 | 14.9% | 7 |
| AMERICAN CENTY ETF TR | [AVDV](https://holderbook.com/stocks/AVDV/) | $27.7M | 269,261 | 12.7% | 7 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $27.6M | 74,719 | 12.7% | 7 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $25.2M | 301,273 | 11.6% | 7 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $22.0M | 228,368 | 10.1% | 7 |
| AMERICAN CENTY ETF TR | [AVEM](https://holderbook.com/stocks/AVEM/) | $14.9M | 154,063 | 6.8% | 7 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $12.9M | 215,803 | 5.9% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.8M | 6,342 | 0.8% | 7 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.7M | 4,518 | 0.8% | 7 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.5M | 1,983 | 0.7% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.1M | 5,498 | 0.5% | 7 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $1.1M | 3,393 | 0.5% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $930.1K | 3,902 | 0.4% | 6 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $852.1K | 2,412 | 0.4% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $840.7K | 1,680 | 0.4% | 7 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $830.7K | 2,415 | 0.4% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $654.9K | 1,832 | 0.3% | 3 |
| DIMENSIONAL ETF TRUST | [DFSU](https://holderbook.com/stocks/DFSU/) | $599.6K | 12,858 | 0.3% | 4 |
| AIRBNB INC | [ABNB](https://holderbook.com/stocks/ABNB/) | $561.7K | 3,925 | 0.3% | 7 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $535.4K | 779 | 0.2% | 7 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $487.1K | 5,655 | 0.2% | 7 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $474.7K | 507 | 0.2% | 7 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $465.3K | 1,232 | 0.2% | 1 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $449.9K | 1,083 | 0.2% | 3 |
| PROSHARES TR | [NOBL](https://holderbook.com/stocks/NOBL/) | $446.7K | 7,955 | 0.2% | 7 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $443.0K | 1,291 | 0.2% | 7 |
| FIDELITY COVINGTON TRUST | [FHLC](https://holderbook.com/stocks/FHLC/) | $438.8K | 5,680 | 0.2% | 7 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $436.6K | 3,653 | 0.2% | 7 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $419.9K | 998 | 0.2% | 5 |
| DIMENSIONAL ETF TRUST | [DFSI](https://holderbook.com/stocks/DFSI/) | $417.0K | 9,246 | 0.2% | 4 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $386.7K | 1,774 | 0.2% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $379.1K | 673 | 0.2% | 1 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $371.6K | 640 | 0.2% | 1 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $364.6K | 3,932 | 0.2% | 7 |
| TETRA TECH INC NEW | [TTEK](https://holderbook.com/stocks/TTEK/) | $339.9K | 11,766 | 0.2% | 7 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $315.5K | 1,708 | 0.1% | 7 |
| CINTAS CORP | [CTAS](https://holderbook.com/stocks/CTAS/) | $305.2K | 1,794 | 0.1% | 7 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $304.9K | 407 | 0.1% | 7 |
| FIDELITY COVINGTON TRUST | [FIDU](https://holderbook.com/stocks/FIDU/) | $304.9K | 3,061 | 0.1% | 5 |
| CONSTELLATION BRANDS INC | [STZ](https://holderbook.com/stocks/STZ/) | $281.9K | 2,027 | 0.1% | 7 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $280.9K | 999 | 0.1% | 1 |
| BNY MELLON ETF TRUST | [BKLC](https://holderbook.com/stocks/BKLC/) | $247.1K | 1,723 | 0.1% | 5 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $235.9K | 6,971 | 0.1% | 1 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $216.0K | 3,576 | 0.1% | 1 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $207.0K | 4,566 | 0.1% | 2 |
| ETF SER SOLUTIONS | [TRFM](https://holderbook.com/stocks/TRFM/) | $202.5K | 3,206 | 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 | +9.5% | +14.8% | -5.3% | 100% |
| Q1 2026 | +1.5% | -4.6% | +6.2% | 100% |
| Q4 2025 | +1.4% | +2.4% | -0.9% | 100% |
| Q3 2025 | +7.0% | +7.8% | -0.9% | 100% |
| Q2 2025 | +7.3% | +10.5% | -3.1% | 105% |
| Q1 2025 | -0.4% | -4.6% | +4.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $217.8M | 47 |
| Q1 2026 | $184.3M | 41 |
| Q4 2025 | $176.4M | 43 |
| Q3 2025 | $166.7M | 40 |
| Q2 2025 | $151.8M | 37 |
| Q1 2025 | $131.3M | 33 |
| Q4 2024 | $132.5M | 34 |