# Navigation Group, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2132497. Source: https://holderbook.com/funds/2132497-navigation-group-llc/

- Reported value: $514.1M
- Positions: 121
- Weight of the ten largest: 59.8%
- Filed: 2026-07-29

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 |
|---|---|---|---|---|---|
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $56.5M | 475,059 | 11.0% | 2 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $49.1M | 132,663 | 9.5% | 2 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $43.0M | 65,575 | 8.4% | 2 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $33.1M | 544,682 | 6.4% | 2 |
| PGIM ETF TR | [PULS](https://holderbook.com/stocks/PULS/) | $32.6M | 658,086 | 6.3% | 2 |
| SPDR SERIES TRUST | [SPTM](https://holderbook.com/stocks/SPTM/) | $28.0M | 308,575 | 5.4% | 2 |
| J P MORGAN EXCHANGE TRADED F | [JIRE](https://holderbook.com/stocks/JIRE/) | $18.4M | 222,982 | 3.6% | 2 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $16.0M | 38,017 | 3.1% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $15.9M | 55,070 | 3.1% | 2 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $15.0M | 297,091 | 2.9% | 2 |
| DIMENSIONAL ETF TRUST | [DFAT](https://holderbook.com/stocks/DFAT/) | $13.6M | 194,545 | 2.6% | 2 |
| DIMENSIONAL ETF TRUST | [DFAE](https://holderbook.com/stocks/DFAE/) | $11.8M | 293,615 | 2.3% | 2 |
| PACER FDS TR | [COWZ](https://holderbook.com/stocks/COWZ/) | $11.8M | 188,936 | 2.3% | 2 |
| LAZARD ACTIVE ETF TR | [IDEQ](https://holderbook.com/stocks/IDEQ/) | $11.7M | 334,968 | 2.3% | 1 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $11.7M | 52,829 | 2.3% | 2 |
| ISHARES INC | [EMGF](https://holderbook.com/stocks/EMGF/) | $9.4M | 128,406 | 1.8% | 2 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $7.1M | 19,976 | 1.4% | 2 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $6.9M | 128,963 | 1.3% | 2 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $6.6M | 11,690 | 1.3% | 2 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $5.4M | 26,912 | 1.0% | 2 |
| NEW YORK LIFE INVESTMENTS ET | [HFXI](https://holderbook.com/stocks/HFXI/) | $5.0M | 131,729 | 1.0% | 1 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $5.0M | 31,706 | 1.0% | 2 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $4.8M | 13,629 | 0.9% | 2 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $4.8M | 46,251 | 0.9% | 2 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $4.5M | 13,684 | 0.9% | 2 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $3.5M | 5,039 | 0.7% | 2 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $3.2M | 19,402 | 0.6% | 2 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $2.8M | 6,428 | 0.5% | 2 |
| ISHARES TR | [IUSG](https://holderbook.com/stocks/IUSG/) | $2.4M | 12,619 | 0.5% | 2 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $2.4M | 6,872 | 0.5% | 2 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $2.2M | 1,857 | 0.4% | 2 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $2.0M | 26,165 | 0.4% | 2 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $2.0M | 13,319 | 0.4% | 2 |
| INVESCO EXCH TRADED FD TR II | [PWZ](https://holderbook.com/stocks/PWZ/) | $1.9M | 77,030 | 0.4% | 2 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.8M | 4,793 | 0.4% | 2 |
| UNITED AIRLS HLDGS INC | [UAL](https://holderbook.com/stocks/UAL/) | $1.7M | 12,830 | 0.3% | 2 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $1.6M | 16,893 | 0.3% | 2 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $1.6M | 2,181 | 0.3% | 2 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $1.6M | 23,443 | 0.3% | 2 |
| DELTA AIR LINES INC | [DAL](https://holderbook.com/stocks/DAL/) | $1.5M | 15,958 | 0.3% | 2 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $1.5M | 3,097 | 0.3% | 2 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $1.5M | 25,578 | 0.3% | 2 |
| FIRST TR EXCH TRADED FD III | [FCAL](https://holderbook.com/stocks/FCAL/) | $1.5M | 29,536 | 0.3% | 2 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.5M | 1,951 | 0.3% | 2 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.4M | 1,525 | 0.3% | 2 |
| TERADYNE INC | [TER](https://holderbook.com/stocks/TER/) | $1.4M | 2,938 | 0.3% | 2 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.3M | 10,265 | 0.3% | 2 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.3M | 22,608 | 0.3% | 2 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.2M | 8,735 | 0.2% | 2 |
| BLACKROCK ETF TRUST | [LCTU](https://holderbook.com/stocks/LCTU/) | $1.1M | 14,220 | 0.2% | 2 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $1.1M | 13,521 | 0.2% | 2 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.1M | 4,437 | 0.2% | 2 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $1.1M | 3,701 | 0.2% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.1M | 2,963 | 0.2% | 2 |
| SPDR SERIES TRUST | [MDYG](https://holderbook.com/stocks/MDYG/) | $1.1M | 9,826 | 0.2% | 2 |
| INVESCO EXCH TRADED FD TR II | [EELV](https://holderbook.com/stocks/EELV/) | $1.1M | 38,075 | 0.2% | 2 |
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $1.0M | 6,000 | 0.2% | 1 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $917.3K | 1,786 | 0.2% | 2 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $914.1K | 2,592 | 0.2% | 2 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $907.6K | 6,120 | 0.2% | 2 |
| BADGER METER INC | [BMI](https://holderbook.com/stocks/BMI/) | $907.2K | 6,114 | 0.2% | 2 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $900.5K | 3,546 | 0.2% | 2 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $879.6K | 31,756 | 0.2% | 2 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $861.3K | 5,070 | 0.2% | 2 |
| ISHARES TR | [ESGU](https://holderbook.com/stocks/ESGU/) | $831.3K | 5,079 | 0.2% | 2 |
| ISHARES TR | [SUSC](https://holderbook.com/stocks/SUSC/) | $812.5K | 35,097 | 0.2% | 2 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $773.3K | 2,458 | 0.2% | 2 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $764.6K | 1,501 | 0.1% | 2 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $732.5K | 15,411 | 0.1% | 2 |
| ISHARES TR | [DSI](https://holderbook.com/stocks/DSI/) | $724.5K | 5,088 | 0.1% | 2 |
| ISHARES TR | [USXF](https://holderbook.com/stocks/USXF/) | $719.4K | 10,358 | 0.1% | 2 |
| SMITH A O CORP | [AOS](https://holderbook.com/stocks/AOS/) | $678.1K | 10,811 | 0.1% | 2 |
| INVESCO EXCHANGE TRADED FD T | [PKW](https://holderbook.com/stocks/PKW/) | $665.8K | 4,700 | 0.1% | 2 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $653.6K | 3,445 | 0.1% | 2 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $645.4K | 1,553 | 0.1% | 2 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $619.7K | 3,965 | 0.1% | 2 |
| INVESCO EXCHANGE TRADED FD T | [PDP](https://holderbook.com/stocks/PDP/) | $614.5K | 4,050 | 0.1% | 2 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $608.6K | 5,216 | 0.1% | 2 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $603.2K | 5,326 | 0.1% | 2 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $584.8K | 3,575 | 0.1% | 2 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $581.0K | 10,926 | 0.1% | 2 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $566.7K | 1,675 | 0.1% | 2 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $553.2K | 2,321 | 0.1% | 2 |
| SPDR SERIES TRUST | [SPAB](https://holderbook.com/stocks/SPAB/) | $547.2K | 21,440 | 0.1% | 2 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $527.7K | 1,327 | 0.1% | 2 |
| ISHARES INC | [ESGE](https://holderbook.com/stocks/ESGE/) | $524.2K | 9,584 | 0.1% | 2 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $521.4K | 5,102 | 0.1% | 2 |
| EMCOR GROUP INC | [EME](https://holderbook.com/stocks/EME/) | $519.0K | 625 | 0.1% | 2 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $517.7K | 3,708 | 0.1% | 1 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $495.2K | 2,211 | 0.1% | 2 |
| FIFTH THIRD BANCORP | [FITB](https://holderbook.com/stocks/FITB/) | $490.8K | 8,706 | 0.1% | 2 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $489.0K | 936 | 0.1% | 2 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $479.6K | 2,175 | 0.1% | 2 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $472.0K | 3,219 | 0.1% | 2 |
| ISHARES TR | [IJK](https://holderbook.com/stocks/IJK/) | $448.5K | 3,817 | 0.1% | 2 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $441.0K | 6,176 | 0.1% | 2 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $434.1K | 9,054 | 0.1% | 2 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $401.6K | 5,871 | 0.1% | 2 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $385.4K | 4,204 | 0.1% | 2 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $381.3K | 931 | 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 | +15.8% | +14.8% | +1.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $514.1M | 121 |
| Q1 2026 | $427.3M | 113 |