# Downshift Financial, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2118380. Source: https://holderbook.com/funds/2118380-downshift-financial-llc/

- Reported value: $222.7M
- Positions: 662
- Weight of the ten largest: 62.4%
- Filed: 2026-08-13

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 |
|---|---|---|---|---|---|
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $26.3M | 908,685 | 11.8% | 3 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $22.3M | 804,823 | 10.0% | 3 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $18.9M | 51,044 | 8.5% | 3 |
| SCHWAB STRATEGIC TR | [SCHR](https://holderbook.com/stocks/SCHR/) | $17.9M | 726,438 | 8.0% | 3 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $16.3M | 555,541 | 7.3% | 3 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $10.8M | 31,347 | 4.8% | 3 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $9.5M | 110,746 | 4.3% | 3 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $5.9M | 159,804 | 2.6% | 3 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $5.8M | 65,506 | 2.6% | 3 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $5.4M | 91,481 | 2.4% | 3 |
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $4.9M | 51,274 | 2.2% | 3 |
| SPDR SERIES TRUST | [SPTI](https://holderbook.com/stocks/SPTI/) | $4.5M | 158,490 | 2.0% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $4.2M | 12,875 | 1.9% | 3 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $4.1M | 80,647 | 1.8% | 3 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $3.6M | 106,320 | 1.6% | 2 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $3.5M | 43,857 | 1.6% | 3 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $3.5M | 96,403 | 1.6% | 3 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $3.4M | 4,924 | 1.5% | 3 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $2.5M | 3,343 | 1.1% | 3 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $2.5M | 34,709 | 1.1% | 3 |
| EA SERIES TRUST | [AAUA](https://holderbook.com/stocks/AAUA/) | $2.0M | 35,307 | 0.9% | 1 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $2.0M | 28,928 | 0.9% | 3 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $1.9M | 6,187 | 0.8% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $1.8M | 11,468 | 0.8% | 1 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $1.3M | 6,053 | 0.6% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $1.1M | 18,282 | 0.5% | 3 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $1.0M | 6,298 | 0.5% | 3 |
| SPDR SERIES TRUST | [SPTS](https://holderbook.com/stocks/SPTS/) | $951.5K | 32,799 | 0.4% | 3 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $947.4K | 16,427 | 0.4% | 3 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $922.7K | 10,712 | 0.4% | 2 |
| VANGUARD SCOTTSDALE FDS | [VONE](https://holderbook.com/stocks/VONE/) | $891.9K | 2,633 | 0.4% | 3 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $884.9K | 1,104 | 0.4% | 2 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $881.6K | 36,519 | 0.4% | 3 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $754.8K | 3,106 | 0.3% | 3 |
| SCHWAB STRATEGIC TR | [FNDF](https://holderbook.com/stocks/FNDF/) | $723.9K | 13,720 | 0.3% | 3 |
| SCHWAB STRATEGIC TR | [SCHQ](https://holderbook.com/stocks/SCHQ/) | $722.4K | 23,079 | 0.3% | 3 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $684.7K | 6,362 | 0.3% | 3 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $623.9K | 27,389 | 0.3% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $619.0K | 1,732 | 0.3% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $611.3K | 2,113 | 0.3% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $590.4K | 1,671 | 0.3% | 3 |
| BALL CORP | [BALL](https://holderbook.com/stocks/BALL/) | $578.1K | 9,265 | 0.3% | 3 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $567.5K | 17,896 | 0.3% | 3 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $545.5K | 7,074 | 0.2% | 3 |
| CREDO TECHNOLOGY GROUP HOLDI | [CRDO](https://holderbook.com/stocks/CRDO/) | $543.9K | 2,000 | 0.2% | 2 |
| SCHWAB STRATEGIC TR | [SCHZ](https://holderbook.com/stocks/SCHZ/) | $529.1K | 22,873 | 0.2% | 3 |
| VANGUARD WORLD FD | [ESGV](https://holderbook.com/stocks/ESGV/) | $500.7K | 3,786 | 0.2% | 3 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $481.8K | 4,989 | 0.2% | 3 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $445.3K | 3,003 | 0.2% | 3 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $438.0K | 595 | 0.2% | 3 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $426.9K | 1,734 | 0.2% | 3 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $422.5K | 566 | 0.2% | 3 |
| SCHWAB STRATEGIC TR | [SCHP](https://holderbook.com/stocks/SCHP/) | $402.1K | 15,174 | 0.2% | 3 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $398.0K | 3,831 | 0.2% | 3 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $395.9K | 4,779 | 0.2% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $393.3K | 786 | 0.2% | 3 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $391.4K | 1,654 | 0.2% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $373.4K | 1,001 | 0.2% | 3 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $369.6K | 4,677 | 0.2% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $368.7K | 1,547 | 0.2% | 3 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $356.3K | 1,186 | 0.2% | 3 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $355.9K | 6,791 | 0.2% | 3 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $329.4K | 1,047 | 0.1% | 3 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $315.2K | 8,692 | 0.1% | 3 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $310.0K | 1,134 | 0.1% | 1 |
| SCHWAB STRATEGIC TR | [SCHH](https://holderbook.com/stocks/SCHH/) | $293.0K | 12,375 | 0.1% | 3 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $292.5K | 2,447 | 0.1% | 3 |
| VANGUARD WHITEHALL FDS | [VWOB](https://holderbook.com/stocks/VWOB/) | $289.8K | 4,310 | 0.1% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $286.5K | 306 | 0.1% | 2 |
| INVESCO ACTVELY MNGD ETC FD | [PDBC](https://holderbook.com/stocks/PDBC/) | $249.1K | 15,685 | 0.1% | 2 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $225.3K | 223 | 0.1% | 3 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $224.2K | 3,278 | 0.1% | 2 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $222.4K | 791 | 0.1% | 1 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $219.4K | 4,338 | 0.1% | 3 |
| VANGUARD WORLD FD | [VSGX](https://holderbook.com/stocks/VSGX/) | $212.8K | 2,584 | 0.1% | 1 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $206.8K | 433 | 0.1% | 1 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $205.6K | 502 | 0.1% | 1 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $203.2K | 926 | 0.1% | 1 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $193.8K | 182 | 0.1% | 1 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $193.1K | 2,631 | 0.1% | 2 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $190.3K | 1,384 | 0.1% | 1 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $185.3K | 566 | 0.1% | 1 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $178.7K | 2,235 | 0.1% | 1 |
| VANGUARD INSTL INDEX FD | [VBIL](https://holderbook.com/stocks/VBIL/) | $177.8K | 2,350 | 0.1% | 1 |
| TAKE-TWO INTERACTIVE SOFTWAR | [TTWO](https://holderbook.com/stocks/TTWO/) | $169.0K | 476 | 0.1% | 1 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $162.3K | 3,309 | 0.1% | 2 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $161.4K | 817 | 0.1% | 1 |
| VANGUARD WHITEHALL FDS | [VYMI](https://holderbook.com/stocks/VYMI/) | $161.1K | 1,641 | 0.1% | 1 |
| VANGUARD WORLD FD | [MGK](https://holderbook.com/stocks/MGK/) | $157.5K | 1,791 | 0.1% | 1 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $142.1K | 1,619 | 0.1% | 1 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $138.6K | 367 | 0.1% | 1 |
| ISHARES TR | [ESGU](https://holderbook.com/stocks/ESGU/) | $138.6K | 847 | 0.1% | 1 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $133.7K | 2,493 | 0.1% | 1 |
| SPDR SERIES TRUST | [SPTM](https://holderbook.com/stocks/SPTM/) | $130.3K | 1,435 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $128.0K | 1,327 | 0.1% | 2 |
| SPDR SERIES TRUST | [SPYD](https://holderbook.com/stocks/SPYD/) | $125.7K | 2,634 | 0.1% | 1 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $123.7K | 668 | 0.1% | 1 |
| SCHWAB STRATEGIC TR | [SCHY](https://holderbook.com/stocks/SCHY/) | $122.1K | 3,848 | 0.1% | 1 |
| ISHARES TR | [AOR](https://holderbook.com/stocks/AOR/) | $121.9K | 1,754 | 0.1% | 1 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $121.0K | 1,202 | 0.1% | 2 |

## 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 | +11.9% | +14.8% | -2.9% | 101% |
| Q1 2026 | -1.6% | -4.6% | +3.0% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $222.7M | 662 |
| Q1 2026 | $193.2M | 77 |
| Q4 2025 | $162.2M | 68 |