# BIP Alliance, LLC

> Institutional holdings reported to the SEC as of Q2 2025 on Form 13F. CIK 2056367. Source: https://holderbook.com/funds/2056367-bip-alliance-llc/

- Reported value: $260.4M
- Positions: 49
- Weight of the ten largest: 86.9%
- Filed: 2025-07-31

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/) | $86.5M | 152,222 | 33.2% | 3 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $28.5M | 499,746 | 10.9% | 3 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $26.1M | 533,216 | 10.0% | 3 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $20.8M | 281,943 | 8.0% | 3 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $19.9M | 103,018 | 7.6% | 3 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $11.4M | 17,241 | 4.4% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $9.8M | 197,694 | 3.8% | 3 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $9.1M | 183,379 | 3.5% | 3 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $8.9M | 83,457 | 3.4% | 3 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $5.3M | 64,245 | 2.0% | 3 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $3.3M | 42,054 | 1.3% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.4M | 11,856 | 0.9% | 3 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $2.4M | 40,425 | 0.9% | 3 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.3M | 3,681 | 0.9% | 3 |
| GLOBAL PMTS INC | [GPN](https://holderbook.com/stocks/GPN/) | $2.0M | 24,565 | 0.8% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.9M | 12,002 | 0.7% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.9M | 3,806 | 0.7% | 3 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $1.9M | 84,753 | 0.7% | 3 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.4M | 4,745 | 0.6% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.4M | 6,240 | 0.5% | 3 |
| WISDOMTREE TR | [USFR](https://holderbook.com/stocks/USFR/) | $1.0M | 20,818 | 0.4% | 3 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $1.0M | 9,648 | 0.4% | 3 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $940.7K | 1,275 | 0.4% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $895.8K | 1,844 | 0.3% | 3 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $639.0K | 21,202 | 0.2% | 3 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $611.7K | 2,219 | 0.2% | 3 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $596.7K | 961 | 0.2% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $555.2K | 3,130 | 0.2% | 3 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $545.0K | 407 | 0.2% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $535.7K | 3,040 | 0.2% | 3 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $523.8K | 1,649 | 0.2% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $523.3K | 1,805 | 0.2% | 3 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $474.3K | 3,105 | 0.2% | 3 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $453.0K | 2,000 | 0.2% | 3 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $452.7K | 1,275 | 0.2% | 3 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $444.8K | 1,606 | 0.2% | 3 |
| SMURFIT WESTROCK PLC | [SW](https://holderbook.com/stocks/SW/) | $380.0K | 8,807 | 0.1% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $335.2K | 430 | 0.1% | 3 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $305.2K | 1,288 | 0.1% | 1 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $291.1K | 4,214 | 0.1% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $269.7K | 480 | 0.1% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $252.4K | 255 | 0.1% | 3 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $224.5K | 1,027 | 0.1% | 1 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $222.8K | 2,279 | 0.1% | 1 |
| VANGUARD WORLD FD | [VAW](https://holderbook.com/stocks/VAW/) | $213.9K | 1,098 | 0.1% | 3 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $212.8K | 580 | 0.1% | 1 |
| DARDEN RESTAURANTS INC | [DRI](https://holderbook.com/stocks/DRI/) | $211.8K | 972 | 0.1% | 2 |
| WIPRO LTD | [WIT](https://holderbook.com/stocks/WIT/) | $68.5K | 22,690 | 0.0% | 3 |
| MIZUHO FINANCIAL GROUP INC | [MFG](https://holderbook.com/stocks/MFG/) | $57.3K | 10,309 | 0.0% | 3 |

## 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 2025 | +7.4% | +10.5% | -3.1% | 100% |
| Q1 2025 | -2.3% | -4.6% | +2.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2025 | $260.4M | 49 |
| Q1 2025 | $236.5M | 49 |
| Q4 2024 | $236.4M | 48 |