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Asset Manager ← All Institutions

GRAND WEALTH MANAGEMENT, LLC

333 BRIDGE STREET NW SUITE 800, GRAND RAPIDS, MI 49504 • 616-451-4228

Q4 2025 · Filed 2026-01-26
Market Value
$221M
+6.4%
Holdings
86
+11
New Purchases
14
Added To
27
Closed
2
Reduced
15
Top 10 Concentration
83.7%
Turnover
18.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VCRB 2.88% 2.24% +0.64% $6M
DFGP 3.84% 3.30% +0.54% $8M
AVDE 10.16% 9.92% +0.25% $22M
VCSH 2.78% 2.54% +0.24% $6M
AVEM 5.67% 5.60% +0.07% $13M
DUSB 0.06% 0.00% +0.06% $134K
DFAR 1.96% 1.92% +0.04% $4M
EFA 0.02% 0.00% +0.02% $52K
RWR 0.02% 0.00% +0.02% $51K
DVY 0.08% 0.06% +0.02% $177K
IWD 0.01% 0.00% +0.01% $31K
VUG 0.07% 0.06% +0.01% $163K
VBR 0.19% 0.18% +0.01% $410K
IWO 0.01% 0.00% +0.01% $22K
VOE 0.01% 0.00% +0.01% $21K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
DFAC 37.44% 37.74% -0.30% $83M
AVUS 6.55% 6.83% -0.27% $14M
DFAX 7.46% 7.66% -0.20% $16M
AVIG 0.49% 0.68% -0.19% $1M
ITOT 3.29% 3.47% -0.18% $7M
MSFT 0.16% 0.31% -0.15% $349K
FREL 0.00% 0.10% -0.10% $0
IEMG 2.15% 2.24% -0.10% $5M
DFIC 3.64% 3.72% -0.08% $8M
DFEM 1.79% 1.85% -0.06% $4M
DCOR 0.83% 0.88% -0.05% $2M
MUB 0.88% 0.93% -0.04% $2M
IAGG 0.38% 0.42% -0.03% $845K
EAGG 0.53% 0.56% -0.03% $1M
IGSB 0.41% 0.43% -0.03% $896K

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 98.5%
Technology 0.5%
Energy 0.3%
Healthcare 0.3%
Industrials 0.2%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 6 $3M 1.3%
Large Cap 57 $187M 85.0%
Mid Cap 10 $22M 10.2%
Small Cap 12 $8M 3.4%
Micro Cap 1 $208K 0.1%

Portfolio Analytics

Avg Market Cap
$93.2B
Median Market Cap
$16.3B
Avg P/E
28.0
Median P/E
24.8
Avg Dividend Yield
0.01%
Avg Beta
0.94
# Stocks
3
# ETFs / Funds
83

Top Holdings (86 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 DFAC 37.44% 2,085,651 $83M $39.59 $4M +57,891 +2.9%
2 AVDE 10.16% 272,208 $22M $82.32 $2M +11,756 +4.5%
3 DFAX 7.46% 502,473 $16M $32.73 $576K -3,275 -0.7%
4 AVUS 6.55% 129,303 $14M $111.78 $305K -858 -0.7%
5 AVEM 5.67% 162,479 $13M $77.02 $900K +7,850 +5.1%
6 DFGP 3.84% 156,694 $8M $54.07 $2M +33,541 +27.2%
7 DFIC 3.64% 232,910 $8M $34.46 $323K -2,016 -0.9%
8 ITOT 3.29% 48,756 $7M $148.69 $60K -603 -1.2%
9 VCRB 2.88% 81,469 $6M $77.90 $2M +22,396 +37.9%
10 VCSH 2.78% 77,026 $6M $79.73 $874K +11,127 +16.9%
11 IEMG 2.15% 70,402 $5M $67.22 $83K -124 -0.2%
12 DFAR 1.96% 189,181 $4M $22.90 $349K +22,153 +13.3%
13 VTEB 1.96% 86,015 $4M $50.29 $205K +3,723 +4.5%
14 DFEM 1.79% 119,231 $4M $33.08 $117K -111 -0.1%
15 MUB 0.88% 18,220 $2M $107.11 $32K +194 +1.1%
16 DCOR 0.83% 24,875 $2M $73.63 $5K -516 -2.0%
17 VTI 0.76% 4,975 $2M $335.25 $97K +202 +4.2%
18 EAGG 0.53% 24,447 $1M $47.85 $3K +146 +0.6%
19 AVIG 0.49% 26,026 $1M $41.92 -$327K -7,673 -22.8%
20 DFAT 0.47% 17,503 $1M $59.54 $23K
21 IGSB 0.41% 16,944 $896K $52.88 -$3K -2 -0.0%
22 IAGG 0.38% 16,905 $845K $50.01 -$20K +10 +0.1%
23 DFSI 0.34% 17,249 $739K $42.85 $19K -336 -1.9%
24 IEFA 0.21% 5,156 $461K $89.46 $11K
25 STIP 0.19% 4,198 $430K $102.39 $41K +436 +11.6%
26 VBR 0.19% 1,934 $410K $211.81 $47K +203 +11.7%
27 IVV 0.17% 545 $373K $684.94 $10K +2 +0.4%
28 DFSB 0.16% 6,831 $354K $51.80 $8K +336 +5.2%
29 MSFT 0.16% 722 $349K $483.34 -$284K -500 -40.9%
30 ABC 0.15% 1,000 $338K $337.75 $25K
31 DFSU 0.14% 7,146 $310K $43.43 $6K -18 -0.2%
32 AVUV 0.14% 2,992 $305K $101.98 $7K
33 QQQ 0.14% 490 $301K $614.40 $7K
34 DFSE 0.13% 7,116 $295K $41.48 -$671 -84 -1.2%
35 ESML 0.13% 6,214 $286K $45.98 $13K +153 +2.5%
36 VTIP 0.12% 5,398 $267K $49.46 -$5K +35 +0.7%
37 SUSB 0.12% 10,261 $259K $25.24 $193 +36 +0.3%
38 DFGX 0.11% 4,551 $240K $52.64 -$6K
39 ETN 0.10% 660 $210K $318.51 -$37K
40 AVSD 0.09% 2,800 $208K $74.26 $8K
41 DVY 0.08% 1,256 $177K $141.14 $50K +357 +39.7%
42 DFUV 0.08% 3,581 $167K $46.59 $7K
43 VUG 0.07% 335 $163K $487.86 $34K +66 +24.5%
44 IWN 0.06% 756 $137K $181.21 $3K
45 DUSB 0.06% 2,636 $134K $50.65 +2,636 NEW
46 HDV 0.05% 918 $112K $121.61 -$771
47 SPTM 0.04% 1,095 $90K $82.50 $2K
48 VTV 0.04% 434 $83K $190.99 $2K
49 SPYG 0.03% 686 $73K $106.74 $2K
50 AVSU 0.03% 868 $66K $76.30 -$2K -66 -7.1%
51 DFCF 0.02% 1,259 $54K $42.56 -$36K -845 -40.2%
52 EFA 0.02% 542 $52K $96.03 +542 NEW
53 DFAE 0.02% 1,590 $52K $32.57 $2K
54 RWR 0.02% 520 $51K $98.23 +520 NEW
55 DFAU 0.02% 1,050 $49K $46.80 $1K
56 SPYV 0.02% 841 $48K $56.81 $1K
57 IWD 0.01% 148 $31K $210.34 +148 NEW
58 IJR 0.01% 252 $30K $120.18 $340
59 IVE 0.01% 140 $30K $212.07 $3K +10 +7.7%
60 VBK 0.01% 91 $27K $302.11 $369
61 IWO 0.01% 67 $22K $323.01 +67 NEW
62 VOE 0.01% 116 $21K $177.37 +116 NEW
63 LQD 0.01% 182 $20K $110.19 +182 NEW
64 EMB 0.01% 208 $20K $96.28 +208 NEW
65 PFF 0.01% 641 $20K $30.96 +641 NEW
66 VOT 0.01% 71 $20K $279.14 +71 NEW
67 DFEV 0.01% 562 $19K $33.77 $1K +3 +0.5%
68 ESGU 0.01% 99 $15K $148.98 $335
69 VONG 0.01% 121 $15K $121.75 $151
70 EFV 0.01% 196 $14K $71.41 $2K +18 +10.1%
71 ESGD 0.01% 147 $14K $95.09 $310
72 EMXC 0.01% 191 $14K $72.76 $988
73 IYW 0.01% 67 $13K $199.69 $256
74 IJH 0.01% 180 $12K $66.04 $133
75 VONV 0.01% 127 $12K $92.30 $372
76 IVW 0.01% 90 $11K $122.88 $2K +14 +18.4%
77 QUAL —% 52 $10K $198.62 $992 +4 +8.3%
78 SUSA —% 74 $10K $139.35 $274
79 OEF —% 29 $10K $342.97 $2K +4 +16.0%
80 EFG —% 60 $7K $114.22 $3
81 TLH —% 10 $1K $101.70 +10 NEW
82 MTUM —% 4 $1K $250.25 +4 NEW
83 MBB —% 6 $571 $95.17 +6 NEW
84 ITA —% 2 $429 $214.50 +2 NEW
85 ESGE —% -$2K -50 -100.0% SOLD
86 FREL —% -$216K -7,762 -100.0% SOLD

New Positions

SymbolValue% Port
DUSB $134K 0.06%
EFA $52K 0.02%
RWR $51K 0.02%
IWD $31K 0.01%
IWO $22K 0.01%
VOE $21K 0.01%
LQD $20K 0.01%
EMB $20K 0.01%
PFF $20K 0.01%
VOT $20K 0.01%
TLH $1K —%
MTUM $1K —%
MBB $571 —%
ITA $429 —%

Sold Out Positions

SymbolValue% Port
ESGE —%
FREL —%
View SEC EDGAR Filings for GRAND WEALTH MANAGEMENT, LLC →

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