# STEPH & CO

> Institutional holdings reported to the SEC as of Q3 2026 on Form 13F. CIK 941519. Source: https://holderbook.com/funds/941519-steph-co/

- Reported value: $392.4M
- Positions: 279
- Weight of the ten largest: 67.8%
- Filed: 2026-10-07

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 |
|---|---|---|---|---|---|
| J P MORGAN EXCHANGE TRADED F | [JAVA](https://holderbook.com/stocks/JAVA/) | $68.3M | 857,239 | 17.4% | 11 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $63.4M | 90,429 | 16.2% | 28 |
| J P MORGAN EXCHANGE TRADED F | [JGRO](https://holderbook.com/stocks/JGRO/) | $53.8M | 556,645 | 13.7% | 11 |
| FIDELITY MERRIMACK STR TR | [FBND](https://holderbook.com/stocks/FBND/) | $13.7M | 316,767 | 3.5% | 28 |
| VANGUARD WORLD FD | [MGC](https://holderbook.com/stocks/MGC/) | $12.5M | 44,107 | 3.2% | 22 |
| FIDELITY COVINGTON TRUST | [FENI](https://holderbook.com/stocks/FENI/) | $12.4M | 309,835 | 3.2% | 4 |
| PIMCO ETF TR | [BOND](https://holderbook.com/stocks/BOND/) | $12.0M | 137,499 | 3.0% | 28 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $11.9M | 111,232 | 3.0% | 28 |
| FLEXSHARES TR | [GUNR](https://holderbook.com/stocks/GUNR/) | $9.5M | 181,058 | 2.4% | 14 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $8.7M | 123,832 | 2.2% | 28 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $8.6M | 23,066 | 2.2% | 28 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $7.6M | 9,930 | 1.9% | 28 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $7.6M | 26,611 | 1.9% | 28 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $6.4M | 81,406 | 1.6% | 28 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $5.4M | 7,074 | 1.4% | 28 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $5.1M | 18,385 | 1.3% | 28 |
| FLEXSHARES TR | [NFRA](https://holderbook.com/stocks/NFRA/) | $4.3M | 68,808 | 1.1% | 14 |
| PIMCO ETF TR | [MUNI](https://holderbook.com/stocks/MUNI/) | $4.1M | 82,113 | 1.0% | 28 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $3.9M | 81,726 | 1.0% | 28 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.7M | 11,088 | 0.9% | 28 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $3.4M | 11,646 | 0.9% | 28 |
| VANGUARD SCOTTSDALE FDS | [VONG](https://holderbook.com/stocks/VONG/) | $3.1M | 24,360 | 0.8% | 21 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $3.1M | 29,569 | 0.8% | 28 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $2.5M | 3,800 | 0.6% | 28 |
| SPDR INDEX SHS FDS | [GNR](https://holderbook.com/stocks/GNR/) | $2.2M | 29,715 | 0.6% | 14 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $2.1M | 8,654 | 0.5% | 28 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $1.9M | 14,008 | 0.5% | 28 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $1.5M | 11,620 | 0.4% | 28 |
| NICOLET BANKSHARES INC | [NIC](https://holderbook.com/stocks/NIC/) | $1.4M | 8,840 | 0.4% | 28 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $1.4M | 14,509 | 0.4% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.4M | 4,291 | 0.4% | 28 |
| VANGUARD MALVERN FDS | [VPLS](https://holderbook.com/stocks/VPLS/) | $1.3M | 16,989 | 0.3% | 11 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.2M | 2,391 | 0.3% | 28 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.0M | 5,298 | 0.3% | 28 |
| WEC ENERGY GROUP INC | [WEC](https://holderbook.com/stocks/WEC/) | $1.0M | 9,981 | 0.3% | 28 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $975.6K | 9,064 | 0.2% | 28 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $939.9K | 7,259 | 0.2% | 28 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $931.2K | 6,410 | 0.2% | 28 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $927.1K | 3,502 | 0.2% | 28 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $834.2K | 4,085 | 0.2% | 28 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $816.2K | 3,574 | 0.2% | 11 |
| QUEST DIAGNOSTICS INC | [DGX](https://holderbook.com/stocks/DGX/) | $813.9K | 3,492 | 0.2% | 11 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $807.8K | 13,986 | 0.2% | 28 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $805.0K | 2,383 | 0.2% | 18 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $783.1K | 6,869 | 0.2% | 28 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $759.5K | 9,488 | 0.2% | 28 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $701.8K | 2,579 | 0.2% | 26 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $700.8K | 15,279 | 0.2% | 28 |
| NVENT ELEC PLC | [NVT](https://holderbook.com/stocks/NVT/) | $694.7K | 4,332 | 0.2% | 14 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $677.6K | 1,846 | 0.2% | 28 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $659.7K | 4,789 | 0.2% | 25 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $653.7K | 2,941 | 0.2% | 28 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $591.2K | 14,634 | 0.2% | 28 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $583.8K | 8,602 | 0.1% | 28 |
| SONOCO PRODS CO | [SON](https://holderbook.com/stocks/SON/) | $578.7K | 11,854 | 0.1% | 8 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $574.2K | 4,802 | 0.1% | 8 |
| KIMCO REALTY CORP | [KIM](https://holderbook.com/stocks/KIM/) | $572.8K | 25,788 | 0.1% | 24 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $557.7K | 3,742 | 0.1% | 17 |
| AMDOCS LTD | [DOX](https://holderbook.com/stocks/DOX/) | $540.6K | 9,454 | 0.1% | 11 |
| MAGNA INTL INC | [MGA](https://holderbook.com/stocks/MGA/) | $533.1K | 8,373 | 0.1% | 6 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $529.8K | 8,491 | 0.1% | 28 |
| GLOBAL X FDS | [CATH](https://holderbook.com/stocks/CATH/) | $527.4K | 5,816 | 0.1% | 7 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $520.8K | 4,332 | 0.1% | 28 |
| PVH CORPORATION | [PVH](https://holderbook.com/stocks/PVH/) | $513.5K | 6,935 | 0.1% | 4 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $511.8K | 2,757 | 0.1% | 22 |
| PG&E CORP | [PCG](https://holderbook.com/stocks/PCG/) | $511.7K | 41,771 | 0.1% | 2 |
| REGAL REXNORD CORPORATION | [RRX](https://holderbook.com/stocks/RRX/) | $505.7K | 3,260 | 0.1% | 28 |
| VICI PPTYS INC | [VICI](https://holderbook.com/stocks/VICI/) | $498.9K | 21,719 | 0.1% | 12 |
| HUNTINGTON INGALLS INDS INC | [HII](https://holderbook.com/stocks/HII/) | $451.6K | 1,691 | 0.1% | 1 |
| AMERICAN INTL GROUP INC | [AIG](https://holderbook.com/stocks/AIG/) | $442.5K | 5,946 | 0.1% | 28 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $428.1K | 3,009 | 0.1% | 28 |
| ARCBEST CORP | [ARCB](https://holderbook.com/stocks/ARCB/) | $424.5K | 3,331 | 0.1% | 5 |
| RIO TINTO PLC | [RIO](https://holderbook.com/stocks/RIO/) | $398.7K | 4,234 | 0.1% | 5 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $371.7K | 2,700 | 0.1% | 28 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $357.7K | 1,708 | 0.1% | 28 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $347.2K | 1,019 | 0.1% | 28 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $341.8K | 3,289 | 0.1% | 6 |
| INVESCO EXCHANGE TRADED FD T | [PRF](https://holderbook.com/stocks/PRF/) | $341.4K | 6,273 | 0.1% | 28 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $327.0K | 1,250 | 0.1% | 28 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $270.4K | 442 | 0.1% | 9 |
| TELEDYNE TECHNOLOGIES INC | [TDY](https://holderbook.com/stocks/TDY/) | $270.0K | 445 | 0.1% | 28 |
| ARAMARK | [ARMK](https://holderbook.com/stocks/ARMK/) | $260.1K | 4,857 | 0.1% | 6 |
| CASEYS GEN STORES INC | [CASY](https://holderbook.com/stocks/CASY/) | $259.2K | 426 | 0.1% | 28 |
| T ROWE PRICE EXCHANGE-TRADED | [TCHP](https://holderbook.com/stocks/TCHP/) | $242.3K | 4,713 | 0.1% | 18 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $239.5K | 775 | 0.1% | 28 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $239.4K | 5,299 | 0.1% | 5 |
| ZEBRA TECHNOLOGIES CORPORATI | [ZBRA](https://holderbook.com/stocks/ZBRA/) | $230.0K | 616 | 0.1% | 6 |
| PENTAIR PLC | [PNR](https://holderbook.com/stocks/PNR/) | $229.6K | 4,332 | 0.1% | 14 |
| BERKLEY W R CORP | [WRB](https://holderbook.com/stocks/WRB/) | $224.8K | 3,328 | 0.1% | 6 |
| ARCH CAP GROUP LTD | [ACGL](https://holderbook.com/stocks/ACGL/) | $199.2K | 2,157 | 0.1% | 28 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $194.7K | 566 | 0.0% | 28 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $193.7K | 389 | 0.0% | 28 |
| API GROUP CORP | [APG](https://holderbook.com/stocks/APG/) | $188.9K | 4,893 | 0.0% | 23 |
| EXPEDIA GROUP INC | [EXPE](https://holderbook.com/stocks/EXPE/) | $180.7K | 686 | 0.0% | 25 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $179.8K | 2,116 | 0.0% | 28 |
| BROWN & BROWN INC | [BRO](https://holderbook.com/stocks/BRO/) | $176.4K | 2,896 | 0.0% | 6 |
| ADVISORS INNER CIRCLE FD III | [DEMZ](https://holderbook.com/stocks/DEMZ/) | $174.5K | 3,595 | 0.0% | 16 |
| MSA SAFETY INC | [MSA](https://holderbook.com/stocks/MSA/) | $172.7K | 971 | 0.0% | 3 |
| WATERS CORP | [WAT](https://holderbook.com/stocks/WAT/) | $172.2K | 392 | 0.0% | 2 |
| CACI INTL INC | [CACI](https://holderbook.com/stocks/CACI/) | $171.8K | 282 | 0.0% | 6 |

## 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 | +11.3% | +14.8% | -3.5% | 100% |
| Q1 2026 | -1.2% | -4.6% | +3.4% | 100% |
| Q4 2025 | +1.4% | +2.4% | -1.0% | 100% |
| Q3 2025 | +6.4% | +7.8% | -1.5% | 100% |
| Q2 2025 | +7.4% | +10.5% | -3.1% | 100% |
| Q1 2025 | -2.5% | -4.6% | +2.1% | 100% |
| Q4 2024 | -0.1% | +2.1% | -2.3% | 100% |
| Q3 2024 | +6.2% | +5.4% | +0.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2026 | $392.4M | 279 |
| Q2 2026 | $395.0M | 283 |
| Q1 2026 | $350.5M | 301 |
| Q4 2025 | $347.0M | 310 |
| Q3 2025 | $327.5M | 315 |
| Q2 2025 | $308.3M | 296 |
| Q1 2025 | $278.2M | 260 |
| Q4 2024 | $296.3M | 274 |
| Q3 2024 | $314.2M | 294 |
| Q2 2024 | $293.3M | 262 |
| Q1 2024 | $290.5M | 279 |
| Q4 2023 | $203.3M | 241 |