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Asset Manager ← All Institutions

PHILLIPS FINANCIAL MANAGEMENT, LLC

6920 POINTE INVERNESS WAY SUITE 230, FORT WAYNE, IN 46804 • 260-420-7732

Q1 2026 · Filed 2026-04-16
Market Value
$1.4B
-11.2%
Holdings
311
-12
New Purchases
8
Added To
28
Closed
32
Reduced
161
Top 10 Concentration
49.6%
Turnover
12.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
DFCF 7.74% 7.24% +0.50% $107M
DFSD 5.96% 5.46% +0.49% $82M
DFLV 3.66% 3.23% +0.43% $50M
DUSB 1.89% 1.48% +0.41% $26M
DFIC 6.73% 6.33% +0.40% $93M
DFAT 3.43% 3.10% +0.34% $47M
DFEM 2.78% 2.58% +0.19% $38M
DFAS 2.24% 2.09% +0.15% $31M
DFAC 2.03% 1.89% +0.14% $28M
DFIV 0.71% 0.61% +0.11% $10M
DFAR 1.19% 1.11% +0.09% $16M
VTI 0.66% 0.59% +0.07% $9M
DFSV 0.45% 0.38% +0.07% $6M
DFAX 0.44% 0.38% +0.06% $6M
IBDR 0.24% 0.18% +0.06% $3M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IVV 10.54% 11.15% -0.61% $145M
IXUS 2.00% 2.60% -0.59% $28M
IJH 2.70% 3.16% -0.46% $37M
IVE 2.13% 2.42% -0.29% $29M
AGG 1.34% 1.55% -0.21% $18M
IAGG 0.59% 0.72% -0.13% $8M
VOO 2.65% 2.77% -0.12% $37M
IJS 0.72% 0.83% -0.12% $10M
BND 0.88% 0.99% -0.11% $12M
MUB 0.28% 0.39% -0.11% $4M
BIV 0.49% 0.59% -0.10% $7M
VNQ 0.53% 0.62% -0.09% $7M
ISTB 0.45% 0.54% -0.09% $6M
MGC 0.62% 0.71% -0.09% $8M
USRT 0.52% 0.60% -0.08% $7M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 96.9%
Technology 1.1%
Healthcare 0.4%
Communication Services 0.4%
Consumer Cyclical 0.3%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 53 $329M 23.9%
Large Cap 159 $706M 51.2%
Mid Cap 62 $282M 20.4%
Small Cap 30 $59M 4.3%
Micro Cap 7 $2M 0.1%

Portfolio Analytics

Avg Market Cap
$200.1B
Median Market Cap
$22.8B
Avg P/E
35.0
Median P/E
28.1
Avg Dividend Yield
0.02%
Avg Beta
0.90
# Stocks
76
# ETFs / Funds
235

Top Holdings (311 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 IVV 10.54% 222,342 $145M $653.21 -$28M -30,246 -12.0%
2 DFCF 7.74% 2,526,277 $107M $42.22 -$6M -111,989 -4.2%
3 DFIC 6.73% 2,611,359 $93M $35.53 -$6M -240,729 -8.4%
4 DFSD 5.96% 1,714,301 $82M $47.88 -$3M -52,536 -3.0%
5 DFLV 3.66% 1,411,955 $50M $35.71 $309K -52,891 -3.6%
6 DFAT 3.43% 757,816 $47M $62.45 -$734K -49,367 -6.1%
7 DUHP 3.33% 1,248,706 $46M $36.76 -$5M -97,818 -7.3%
8 DFEM 2.78% 1,107,968 $38M $34.55 -$2M -103,802 -8.6%
9 VXUS 2.72% 486,052 $37M $77.11 -$5M -78,233 -13.9%
10 IJH 2.70% 551,833 $37M $67.53 -$12M -192,004 -25.8%
11 VOO 2.65% 61,107 $37M $597.55 -$6M -7,416 -10.8%
12 DFAS 2.24% 434,221 $31M $71.13 -$2M -30,993 -6.7%
13 IVE 2.13% 138,943 $29M $211.15 -$8M -37,852 -21.4%
14 DFAC 2.03% 720,781 $28M $38.86 -$1M -20,998 -2.8%
15 IXUS 2.00% 318,532 $28M $86.64 -$13M -157,330 -33.1%
16 BNDX 1.98% 568,524 $27M $48.05 -$4M -75,681 -11.8%
17 DUSB 1.89% 515,043 $26M $50.71 $3M +60,565 +13.3%
18 VO 1.86% 89,427 $26M $287.18 -$4M -11,699 -11.6%
19 LRGF 1.37% 285,753 $19M $66.00 -$3M -23,886 -7.7%
20 AGG 1.34% 185,469 $18M $99.27 -$6M -54,848 -22.8%
21 USHY 1.32% 494,734 $18M $36.84 -$3M -80,424 -14.0%
22 VOOV 1.24% 83,854 $17M $203.79 -$3M -13,764 -14.1%
23 DFAR 1.19% 694,952 $16M $23.65 -$735K -54,805 -7.3%
24 VBR 0.89% 56,595 $12M $217.25 -$2M -11,189 -16.5%
25 BND 0.88% 165,041 $12M $73.64 -$3M -43,257 -20.8%
26 IJS 0.72% 83,705 $10M $118.45 -$3M -30,160 -26.5%
27 DFIV 0.71% 186,199 $10M $52.78 $421K -2,310 -1.2%
28 VTI 0.66% 28,476 $9M $320.81 -$47K +1,088 +4.0%
29 VCIT 0.65% 108,134 $9M $82.75 -$1M -12,504 -10.4%
30 JPM 0.65% 30,340 $9M $294.16 -$843K +27 +0.1%
31 SPY 0.63% 13,442 $9M $650.35 -$773K -511 -3.7%
32 MGC 0.62% 35,871 $8M $236.35 -$2M -7,717 -17.7%
33 IAGG 0.59% 162,062 $8M $50.04 -$3M -60,030 -27.0%
34 INTF 0.57% 201,651 $8M $38.96 -$897K -30,236 -13.0%
35 VEU 0.54% 99,230 $7M $75.10 -$1M -16,824 -14.5%
36 VTV 0.53% 37,544 $7M $196.20 -$778K -5,098 -12.0%
37 VNQ 0.53% 81,612 $7M $88.70 -$2M -26,846 -24.8%
38 USRT 0.52% 122,217 $7M $59.19 -$2M -42,340 -25.7%
39 BIV 0.49% 88,248 $7M $77.18 -$2M -29,734 -25.2%
40 SCHX 0.47% 250,522 $6M $25.64 -$630K -11,586 -4.4%
41 MGV 0.46% 43,486 $6M $144.95 -$1M -10,639 -19.7%
42 DFSV 0.45% 176,140 $6M $35.04 $277K -3,080 -1.7%
43 ISTB 0.45% 126,652 $6M $48.46 -$2M -44,703 -26.1%
44 BSV 0.45% 78,235 $6M $78.41 -$2M -24,271 -23.7%
45 DFAX 0.44% 179,828 $6M $33.97 $178K -1,362 -0.8%
46 AAPL 0.40% 21,488 $5M $253.79 -$743K -1,304 -5.7%
47 EFA 0.38% 53,531 $5M $97.13 -$2M -19,117 -26.3%
48 SCHZ 0.32% 187,866 $4M $23.22 -$235K -8,835 -4.5%
49 GNR 0.30% 55,135 $4M $74.62 $354K -5,383 -8.9%
50 NVDA 0.30% 23,519 $4M $174.40 -$360K -406 -1.7%
51 VTIP 0.30% 81,671 $4M $49.95 -$952K -20,050 -19.7%
52 VIOO 0.29% 35,274 $4M $114.83 $84K -469 -1.3%
53 MUB 0.28% 36,418 $4M $106.15 -$2M -20,489 -36.0%
54 VV 0.28% 12,714 $4M $298.86 -$2M -4,183 -24.8%
55 SUB 0.27% 34,823 $4M $106.50 -$850K -7,899 -18.5%
56 IVOO 0.27% 32,162 $4M $114.32 -$103K -1,648 -4.9%
57 IWB 0.26% 10,087 $4M $356.56 -$396K -604 -5.7%
58 IJR 0.26% 28,818 $4M $124.31 -$936K -8,776 -23.3%
59 ICSH 0.25% 67,224 $3M $50.62 -$763K -15,140 -18.4%
60 IBDR 0.24% 137,313 $3M $24.24 $486K +20,000 +17.1%
61 IWR 0.24% 34,196 $3M $97.23 -$792K -8,572 -20.0%
62 VB 0.22% 11,816 $3M $261.92 -$12K -227 -1.9%
63 SCHP 0.22% 114,248 $3M $26.61 $74K +2,270 +2.0%
64 TIP 0.22% 27,336 $3M $110.36 -$1M -11,617 -29.8%
65 VCSH 0.22% 37,914 $3M $79.27 -$333K -3,964 -9.5%
66 SCHA 0.21% 101,378 $3M $29.08 -$26K -3,059 -2.9%
67 MSFT 0.21% 7,885 $3M $370.15 -$1M -578 -6.8%
68 IEFA 0.21% 32,213 $3M $90.53 -$447K -5,385 -14.3%
69 SMLF 0.20% 37,342 $3M $75.49 -$155K -2,375 -6.0%
70 ATO 0.20% 15,173 $3M $184.72 $260K +7 +0.1%
71 VMBS 0.19% 56,748 $3M $46.95 -$7K
72 LLY 0.19% 2,880 $3M $919.67 -$773K -303 -9.5%
73 IBTG 0.18% 108,310 $2M $22.92 $462K +20,019 +22.7%
74 GOOGL 0.16% 7,626 $2M $287.56 -$415K -705 -8.5%
75 AMZN 0.15% 10,203 $2M $208.27 -$258K -118 -1.1%
76 VTEB 0.15% 41,985 $2M $49.89 -$144K -2,527 -5.7%
77 ITOT 0.15% 14,215 $2M $142.43 -$481K -2,636 -15.6%
78 IBHF 0.14% 85,436 $2M $22.95 $450K +20,000 +30.6%
79 GLD 0.14% 4,422 $2M $430.29 -$226K -950 -17.7%
80 IWD 0.14% 8,860 $2M $213.66 -$70K -475 -5.1%
81 IBDS 0.14% 77,378 $2M $24.24 $483K +20,000 +34.9%
82 DISV 0.13% 47,037 $2M $39.44 $349K +7,401 +18.7%
83 VOE 0.13% 9,942 $2M $184.28 $69K
84 VXF 0.13% 8,663 $2M $205.80 -$248K -1,050 -10.8%
85 GOOG 0.13% 6,126 $2M $286.86 -$353K -598 -8.9%
86 BRK-B 0.12% 3,345 $2M $479.20 $212K +578 +20.9%
87 SPIP 0.11% 58,603 $2M $26.01 -$483K -18,739 -24.2%
88 IBMO 0.11% 59,217 $2M $25.63 -$414
89 JNK 0.11% 15,741 $2M $95.72 -$556K -5,481 -25.8%
90 STIP 0.11% 14,543 $2M $103.43 -$417K -4,217 -22.5%
91 TSLA 0.11% 4,002 $1M $371.73 -$322K -22 -0.6%
92 VWO 0.11% 26,915 $1M $54.05 -$236K -4,538 -14.4%
93 IBMP 0.10% 56,799 $1M $25.44 $3K
94 SPDW 0.10% 30,419 $1M $45.65 $38K
95 IJJ 0.10% 10,082 $1M $132.50 -$207K -1,645 -14.0%
96 IMTB 0.09% 29,778 $1M $43.82 -$519K -11,491 -27.8%
97 IGIB 0.09% 24,159 $1M $53.22 -$966K -17,627 -42.2%
98 IBMQ 0.09% 49,154 $1M $25.53 -$2K
99 RWR 0.09% 12,249 $1M $100.97 -$803K -8,512 -41.0%
100 SCHM 0.09% 39,507 $1M $30.96 -$86K -4,024 -9.2%

New Positions

SymbolValue% Port
LNG $664K 0.05%
COP $285K 0.02%
MU $246K 0.02%
GEV $226K 0.02%
MRK $221K 0.02%
LRCX $209K 0.02%
GILD $208K 0.02%
ASML $202K 0.01%

Sold Out Positions

SymbolValue% Port
DIS —%
AXP —%
CRM —%
SRE —%
IBM —%
COF —%
KR —%
RTX —%
CSCO —%
IJT —%
APP —%
INTU —%
ADBE —%
EWA —%
FNDA —%
View SEC EDGAR Filings for PHILLIPS FINANCIAL MANAGEMENT, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms