# Stembrook Asset Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2109734. Source: https://holderbook.com/funds/2109734-stembrook-asset-management-llc/

- Reported value: $115.8M
- Positions: 51
- Weight of the ten largest: 83.6%
- 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 |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $40.4M | 139,603 | 34.9% | 3 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $19.3M | 25,873 | 16.7% | 3 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $10.1M | 141,696 | 8.7% | 3 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $8.6M | 116,839 | 7.4% | 3 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $6.9M | 136,900 | 6.0% | 3 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $3.5M | 14,222 | 3.0% | 3 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.7M | 3,619 | 2.3% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.1M | 5,810 | 1.8% | 3 |
| BAILLIE GIFFORD ETF TR | - | $1.8M | 49,811 | 1.5% | 1 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $1.5M | 6,047 | 1.3% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.4M | 2,855 | 1.2% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $1.4M | 23,373 | 1.2% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $936.3K | 2,510 | 0.8% | 3 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $780.7K | 1,344 | 0.7% | 3 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $731.5K | 5,239 | 0.6% | 2 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $702.2K | 3,500 | 0.6% | 3 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $653.5K | 2,556 | 0.6% | 3 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $641.6K | 21,802 | 0.6% | 3 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $621.7K | 5,293 | 0.5% | 3 |
| UMB FINL CORP | [UMBF](https://holderbook.com/stocks/UMBF/) | $609.4K | 4,269 | 0.5% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $604.7K | 2,537 | 0.5% | 3 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $599.1K | 2,359 | 0.5% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $491.0K | 1,500 | 0.4% | 3 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $482.1K | 4,257 | 0.4% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $481.0K | 401 | 0.4% | 3 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $436.8K | 1,233 | 0.4% | 3 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $433.9K | 3,174 | 0.4% | 3 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $422.4K | 1,553 | 0.4% | 3 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $419.0K | 15,127 | 0.4% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $359.6K | 1,797 | 0.3% | 3 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $356.6K | 1,417 | 0.3% | 3 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $352.3K | 2,404 | 0.3% | 3 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $347.7K | 1,028 | 0.3% | 3 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $339.3K | 666 | 0.3% | 3 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $322.8K | 330 | 0.3% | 3 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $318.4K | 1,444 | 0.3% | 3 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $312.0K | 766 | 0.3% | 3 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $306.6K | 3,000 | 0.3% | 3 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $277.3K | 7,674 | 0.2% | 3 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $268.5K | 1,415 | 0.2% | 3 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $262.1K | 2,040 | 0.2% | 3 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $258.0K | 1,426 | 0.2% | 3 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $248.8K | 3,061 | 0.2% | 3 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $246.9K | 1,130 | 0.2% | 3 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $245.4K | 10,191 | 0.2% | 3 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $242.5K | 340 | 0.2% | 1 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $227.0K | 1,548 | 0.2% | 3 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $226.9K | 1,013 | 0.2% | 3 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $220.8K | 1,332 | 0.2% | 3 |
| WW GRAINGER INC | [GWW](https://holderbook.com/stocks/GWW/) | $217.7K | 160 | 0.2% | 1 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $205.7K | 790 | 0.2% | 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 | +12.2% | +14.8% | -2.6% | 100% |
| Q1 2026 | -3.8% | -4.6% | +0.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $115.8M | 51 |
| Q1 2026 | $102.1M | 48 |
| Q4 2025 | $105.9M | 48 |