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Asset Manager ← All Institutions

Baring Financial LLC

1310 10TH STREET SUITE 101, BELLINGHAM, WA 98225 • 360-671-7257

Q4 2025 · Filed 2026-01-07
Market Value
$164M
+11.9%
Holdings
71
+4
New Purchases
5
Added To
42
Closed
1
Reduced
21
Top 10 Concentration
47.4%
Turnover
8.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
QQQM 7.44% 1.58% +5.86% $12M
SCHV 4.18% 0.00% +4.18% $7M
IVV 9.76% 7.24% +2.52% $16M
DFIV 2.01% 0.00% +2.01% $3M
VIG 2.95% 1.21% +1.74% $5M
MGK 5.58% 4.16% +1.42% $9M
XLG 0.70% 0.00% +0.70% $1M
SGOV 3.31% 3.09% +0.22% $5M
GOOGL 0.82% 0.64% +0.19% $1M
MU 0.17% 0.00% +0.17% $278K
IJS 1.90% 1.76% +0.14% $3M
HODL 0.13% 0.00% +0.13% $218K
LLY 0.25% 0.15% +0.10% $415K
CAT 0.98% 0.89% +0.09% $2M
FLOT 2.81% 2.75% +0.05% $5M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
RSP 0.00% 3.96% -3.96% $0
DFAC 0.39% 4.00% -3.61% $644K
SCHG 0.43% 3.30% -2.87% $709K
VOE 2.04% 4.17% -2.13% $3M
IBIT 1.78% 2.71% -0.93% $3M
DFAI 3.81% 4.70% -0.89% $6M
AGNT 2.51% 3.31% -0.80% $4M
QQQ 3.44% 4.11% -0.67% $6M
MSFT 2.80% 3.24% -0.44% $5M
BIL 3.80% 4.21% -0.42% $6M
IWD 0.20% 0.54% -0.34% $327K
VOO 1.88% 2.11% -0.23% $3M
BRK-B 2.93% 3.15% -0.22% $5M
TSLA 1.23% 1.44% -0.21% $2M
IWF 0.48% 0.67% -0.20% $783K

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 79.8%
Technology 6.8%
Industrials 4.0%
Consumer Cyclical 2.3%
Communication Services 1.7%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 31 $60M 36.5%
Large Cap 34 $84M 51.4%
Mid Cap 4 $16M 9.5%
Small Cap 2 $4M 2.6%

Portfolio Analytics

Avg Market Cap
$648.8B
Median Market Cap
$125.0B
Avg P/E
44.8
Median P/E
28.9
Avg Dividend Yield
0.01%
Avg Beta
0.95
# Stocks
33
# ETFs / Funds
38

Top Holdings (71 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 IVV 9.76% 23,400 $16M $684.95 $5M +7,537 +47.5%
2 QQQM 7.44% 48,314 $12M $252.92 $10M +38,934 +415.1%
3 MGK 5.58% 22,212 $9M $412.76 $3M +7,033 +46.3%
4 SCHV 4.18% 231,950 $7M $29.61 +231,950 NEW
5 DFAI 3.81% 164,143 $6M $38.11 -$637K -25,478 -13.4%
6 BIL 3.80% 68,221 $6M $91.38 $54K +864 +1.3%
7 QQQ 3.44% 9,198 $6M $614.29 -$375K -838 -8.3%
8 SGOV 3.31% 54,225 $5M $100.38 $906K +9,171 +20.4%
9 SHV 3.11% 46,401 $5M $110.15 $552K +5,140 +12.5%
10 VIG 2.95% 22,022 $5M $219.78 $3M +13,823 +168.6%
11 BRK-B 2.93% 9,569 $5M $502.65 $192K +384 +4.2%
12 VOT 2.89% 16,996 $5M $279.13 $417K +2,267 +15.4%
13 FLOT 2.81% 90,700 $5M $50.86 $571K +11,570 +14.6%
14 MSFT 2.80% 9,513 $5M $483.62 -$159K +324 +3.5%
15 TFLO 2.79% 90,939 $5M $50.46 $402K +8,188 +9.9%
16 AGNT 2.51% 455,056 $4M $9.05 -$733K
17 VOE 2.04% 18,902 $3M $177.37 -$3M -16,132 -46.0%
18 DFIV 2.01% 66,317 $3M $49.90 +66,317 NEW
19 IJT 1.98% 22,995 $3M $141.16 $291K +2,109 +10.1%
20 IJS 1.90% 27,467 $3M $113.72 $541K +4,111 +17.6%
21 VOO 1.88% 4,925 $3M $627.07 -$12K -138 -2.7%
22 IBIT 1.78% 58,826 $3M $49.65 -$1M -2,298 -3.8%
23 AAPL 1.66% 10,054 $3M $271.85 $172K -5 -0.1%
24 NVDA 1.54% 13,607 $3M $186.50 $76K +414 +3.1%
25 TSLA 1.23% 4,507 $2M $449.72 -$90K -253 -5.3%
26 JPM 1.09% 5,569 $2M $322.24 $63K +79 +1.4%
27 USMV 1.03% 18,021 $2M $94.16 -$31K -139 -0.8%
28 CAT 0.98% 2,803 $2M $572.97 $298K +62 +2.3%
29 VUG 0.88% 2,959 $1M $487.87 -$30K -113 -3.7%
30 GOOGL 0.82% 4,318 $1M $313.03 $417K +473 +12.3%
31 SPY 0.82% 1,978 $1M $681.91 -$40K -107 -5.1%
32 ITOT 0.82% 9,057 $1M $148.70 $13K -97 -1.1%
33 LMT 0.81% 2,754 $1M $483.61 -$36K +14 +0.5%
34 AMZN 0.81% 5,753 $1M $230.82 $184K +541 +10.4%
35 COST 0.76% 1,454 $1M $862.55 $1K +101 +7.5%
36 JNJ 0.73% 5,760 $1M $206.96 $135K +61 +1.1%
37 VTV 0.72% 6,186 $1M $191.00 $79K +273 +4.6%
38 XLG 0.70% 19,323 $1M $59.28 +19,323 NEW
39 IWV 0.54% 2,306 $892K $386.80 -$77K -252 -9.8%
40 IWF 0.48% 1,655 $783K $473.18 -$204K -452 -21.4%
41 SCHG 0.43% 21,728 $709K $32.62 -$4M -129,883 -85.7%
42 PCAR 0.42% 6,354 $696K $109.52 $72K +6 +0.1%
43 XOM 0.41% 5,567 $670K $120.34 $95K +466 +9.1%
44 PSX 0.41% 5,167 $667K $129.04 -$38K -17 -0.3%
45 DFAC 0.39% 16,268 $644K $39.59 -$5M -136,008 -89.3%
46 ASML 0.38% 582 $623K $1,069.86 $133K +76 +15.0%
47 META 0.35% 879 $580K $660.24 $2K +91 +11.6%
48 GOOG 0.33% 1,733 $544K $313.79 $123K +4 +0.2%
49 DVY 0.29% 3,391 $479K $141.15 -$5K -15 -0.4%
50 HDV 0.29% 3,886 $473K $121.60 -$93K -733 -15.9%
51 AVGO 0.29% 1,359 $470K $346.06 $31K +29 +2.2%
52 V 0.28% 1,335 $468K $350.68 $104K +270 +25.4%
53 WM 0.27% 2,042 $449K $219.69 -$2K +1 +0.1%
54 DE 0.26% 921 $429K $465.48 $102K +206 +28.8%
55 PLTR 0.25% 2,354 $418K $177.75 -$59K -261 -10.0%
56 LLY 0.25% 386 $415K $1,074.47 $198K +102 +35.9%
57 IWB 0.25% 1,081 $404K $373.59 $9K
58 PG 0.24% 2,784 $399K $143.29 -$22K +43 +1.6%
59 NOC 0.21% 619 $353K $570.21 -$24K +1 +0.2%
60 GLD 0.21% 873 $346K $396.31 $78K +119 +15.8%
61 IWP 0.21% 2,502 $343K $136.93 -$57K -306 -10.9%
62 IWD 0.20% 1,556 $327K $210.31 -$461K -2,317 -59.8%
63 WMT 0.19% 2,870 $320K $111.40 $77K +518 +22.0%
64 RTX 0.18% 1,614 $296K $183.43 $35K +51 +3.3%
65 MU 0.17% 975 $278K $285.48 +975 NEW
66 IEFA 0.16% 2,866 $256K $89.45 $36K +337 +13.3%
67 HD 0.15% 708 $244K $344.29 $14K +142 +25.1%
68 PKG 0.13% 1,074 $221K $206.20 -$12K +4 +0.4%
69 HODL 0.13% 8,830 $218K $24.73 +8,830 NEW
70 NFLX 0.12% 2,181 $204K $93.76 -$20K +1,994 +1066.3%
71 RSP —% -$6M -30,633 -100.0% SOLD

New Positions

SymbolValue% Port
SCHV $7M 4.18%
DFIV $3M 2.01%
XLG $1M 0.70%
MU $278K 0.17%
HODL $218K 0.13%

Sold Out Positions

SymbolValue% Port
RSP —%
View SEC EDGAR Filings for Baring Financial LLC →

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