Phillips Financial Management, LLC
- SEC CIK
- 0001350660
- Latest filing
- Aug 3, 2026
Holdings in Q2 2025
Holdings as of Jun 30, 2025, filed Jul 30, 2025. Long positions only; changes compare share counts with Q1 2025.
- Positions
- 279
- +21 vs. Q1 2025
- Portfolio value
- $1.38B
- +$84.3M (+6.5%) vs. Q1 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| iShares Core S&P 500 ETF464287200 | ETF | 246,492 | $153.0M | 11.1% | +1,926+0.8% | Added | – |
| Dimensional ETF Trust25434V872 | CORE FIXE IN ETF | 2,037,414 | $86.1M | 6.2% | +124,059+6.5% | Added | – |
| Dimensional ETF Trust25434V799 | INTL CORE EQUITY | 2,546,499 | $79.2M | 5.7% | +41,298+1.6% | Added | – |
| Dimensional ETF Trust25434V864 | SHOR DUR FIX ETF | 1,356,806 | $65.1M | 4.7% | +38,284+2.9% | Added | – |
| iShares Core S&P Mid-Cap ETF464287507 | ETF | 780,470 | $48.4M | 3.5% | −8,857−1.1% | Reduced | – |
| Vanguard Star FDS921909768 | VG TL INTL STK F | 594,068 | $41.0M | 3.0% | −23,762−3.8% | Reduced | – |
| Dimensional ETF Trust25434V666 | US LARG VALU ETF | 1,314,950 | $40.8M | 3.0% | +78,319+6.3% | Added | – |
| iShares Core MSCI Total International Stock ETF46432F834 | ETF | 509,291 | $39.4M | 2.9% | −35,687−6.5% | Reduced | – |
| Vanguard S&P 500 ETF922908363 | ETF | 68,790 | $39.1M | 2.8% | +585+0.9% | Added | – |
| Dimensional ETF Trust25434V831 | US HIGH PROF ETF | 1,079,305 | $38.4M | 2.8% | +93,665+9.5% | Added | – |
| Dimensional U.S. Targeted Value ETF25434V609 | ETF | 708,143 | $38.2M | 2.8% | +41,140+6.2% | Added | – |
| iShares S&P 500 Value ETF464287408 | ETF | 180,996 | $35.4M | 2.6% | −2,280−1.2% | Reduced | – |
| Dimensional ETF Trust25434V732 | EMERGING MKTS CO | 1,115,676 | $33.1M | 2.4% | +32,750+3.0% | Added | – |
| Vanguard Total International Bond ETF92203J407 | ETF | 606,529 | $30.0M | 2.2% | −2600.0% | Reduced | – |
| Vanguard Morningstar Mid-Cap ETF922908629 | ETF | 103,197 | $28.9M | 2.1% | −404−0.4% | Reduced | – |
| Dimensional U.S. Core Equity 2 ETF25434V708 | ETF | 761,413 | $27.3M | 2.0% | +4,360+0.6% | Added | – |
| iShares Core U.S. Aggregate Bond ETF464287226 | ETF | 272,588 | $27.0M | 2.0% | −4,127−1.5% | Reduced | – |
| Dimensional U.S. Small Cap ETF25434V500 | ETF | 404,277 | $25.8M | 1.9% | +29,612+7.9% | Added | – |
| iShares Tr46434V282 | U S EQUITY FACTR | 378,734 | $24.3M | 1.8% | −10,314−2.7% | Reduced | – |
| Vanguard S&P 500 Value ETF921932703 | ETF | 104,551 | $19.7M | 1.4% | −2,181−2.0% | Reduced | – |
| iShares Tr46435U853 | BROAD USD HIGH | 523,249 | $19.6M | 1.4% | +8,408+1.6% | Added | – |
| Vanguard Total Bond Market ETF921937835 | ETF | 217,562 | $16.0M | 1.2% | −1,459−0.7% | Reduced | – |
| Dimensional Ultrashort Fixed Income ETF25434V591 | ETF | 291,447 | $14.8M | 1.1% | −3,241−1.1% | Reduced | – |
| Dimensional ETF Trust25434V823 | US REAL ESTA ETF | 627,239 | $14.7M | 1.1% | +25,352+4.2% | Added | – |
| Vanguard Intermediate-Term Corporate Bond ETF92206C870 | ETF | 172,528 | $14.3M | 1.0% | −2,585−1.5% | Reduced | – |
| Vanguard Morningstar Small-Cap Value ETF922908611 | ETF | 68,294 | $13.3M | 1.0% | −470−0.7% | Reduced | – |
| iShares Tr46435G672 | CORE INTL AGGR | 251,806 | $12.9M | 0.9% | −9,322−3.6% | Reduced | – |
| iShares S&P Small-Cap 600 Value ETF464287879 | ETF | 129,257 | $12.9M | 0.9% | −2,245−1.7% | Reduced | – |
| iShares Tr46434V274 | INTL EQTY FACTOR | 318,396 | $10.9M | 0.8% | −76,905−19.5% | Reduced | – |
| Vanguard Real Estate ETF922908553 | ETF | 117,904 | $10.5M | 0.8% | −2,375−2.0% | Reduced | – |
| Vanguard World FD921910873 | MEGA CAP INDEX | 44,497 | $10.0M | 0.7% | −56−0.1% | Reduced | – |
| Vanguard Intermediate-Term Bond ETF921937819 | ETF | 125,053 | $9.67M | 0.7% | −3,980−3.1% | Reduced | – |
| iShares Tr464288521 | CRE U S REIT ETF | 169,245 | $9.57M | 0.7% | −3,546−2.1% | Reduced | – |
| iShares Tr46432F859 | CORE 1 5 YR USD | 189,072 | $9.20M | 0.7% | −6,644−3.4% | Reduced | – |
| Vanguard Ftse All-World Ex-US Index Fund922042775 | ETF | 126,344 | $8.49M | 0.6% | −1,539−1.2% | Reduced | – |
| Vanguard Morningstar Total Stock Market ETF922908769 | ETF | 27,882 | $8.47M | 0.6% | +23+0.1% | Added | – |
| JPMJPMorgan Chase & Co | Stock | 28,921 | $8.35M | 0.6% | +12,776+79.1% | Added | History |
| Vanguard Short-Term Bond ETF921937827 | ETF | 102,903 | $8.10M | 0.6% | −4,282−4.0% | Reduced | – |
| Dimensional ETF Trust25434V807 | INTERNATNAL VAL | 185,977 | $7.97M | 0.6% | +10,834+6.2% | Added | – |
| Vanguard World FD921910840 | MEGA CAP VAL ETF | 56,249 | $7.38M | 0.5% | −101−0.2% | Reduced | – |
| Vanguard Morningstar Value ETF922908744 | ETF | 35,961 | $6.36M | 0.5% | +64+0.2% | Added | – |
| Schwab U.S. Large-Cap ETF808524201 | ETF | 259,421 | $6.34M | 0.5% | +2,677+1.0% | Added | – |
| Vanguard Scottsdale FDS92206C409 | SHRT TRM CORP BD | 74,184 | $5.90M | 0.4% | −7,817−9.5% | Reduced | – |
| iShares Core S&P Small Cap ETF464287804 | ETF | 52,749 | $5.76M | 0.4% | −1,074−2.0% | Reduced | – |
| iShares Tr464288414 | NATIONAL MUN ETF | 54,986 | $5.74M | 0.4% | −9,158−14.3% | Reduced | – |
| SPYSPDR S&P 500 ETF Trust | ETF | 8,898 | $5.50M | 0.4% | +2,361+36.1% | Added | History |
| Dimensional World Ex U.S. Core Equity 2 ETF25434V880 | ETF | 186,812 | $5.49M | 0.4% | −17,466−8.6% | Reduced | – |
| iShares MSCI Eafe ETF464287465 | ETF | 60,356 | $5.40M | 0.4% | −1,929−3.1% | Reduced | – |
| Dimensional ETF Trust25434V815 | US SMALL CAP ETF | 182,311 | $5.37M | 0.4% | +8,965+5.2% | Added | – |
| Vanguard Malvern FDS922020805 | STRM INFPROIDX | 101,983 | $5.13M | 0.4% | −2,872−2.7% | Reduced | – |
| Vanguard Morningstar Large-Cap ETF922908637 | ETF | 17,372 | $4.96M | 0.4% | +522+3.1% | Added | – |
| iShares Tips Bond ETF464287176 | ETF | 43,403 | $4.78M | 0.3% | −579−1.3% | Reduced | – |
| Schwab US Aggregate Bond ETF808524839 | ETF | 198,203 | $4.61M | 0.3% | −23,903−10.8% | Reduced | – |
| AAPLApple Inc. | Stock | 22,095 | $4.53M | 0.3% | +237+1.1% | Added | History |
| iShares Tr464288158 | SHRT NAT MUN ETF | 41,526 | $4.42M | 0.3% | −4,899−10.6% | Reduced | – |
| Vanguard Admiral FDS Inc921932885 | MIDCP 400 IDX | 39,595 | $4.16M | 0.3% | 00.0% | Unchanged | – |
| iShares Tr46434V878 | ULTRA SHORT DUR | 81,918 | $4.15M | 0.3% | −45,122−35.5% | Reduced | – |
| iShares Tr464287622 | RUS 1000 ETF | 11,165 | $3.79M | 0.3% | −31−0.3% | Reduced | – |
| SPDR Index Shs FDS78463X541 | ST STR NAT ETF | 69,848 | $3.79M | 0.3% | +11,471+19.6% | Added | – |
| Vanguard Admiral FDS Inc921932828 | SMLLCP 600 IDX | 36,024 | $3.65M | 0.3% | 00.0% | Unchanged | – |
| iShares Russell Midcap ETF464287499 | ETF | 37,514 | $3.45M | 0.3% | +1,000+2.7% | Added | – |
| iShares Core MSCI Eafe ETF46432F842 | ETF | 39,893 | $3.33M | 0.2% | +2,686+7.2% | Added | – |
| MSFTMicrosoft Corp | Stock | 6,462 | $3.21M | 0.2% | +852+15.2% | Added | History |
| Vanguard Morningstar Small-Cap ETF922908751 | ETF | 12,504 | $2.96M | 0.2% | −103−0.8% | Reduced | – |
| Schwab U.S. Small-Cap ETF808524607 | ETF | 116,583 | $2.95M | 0.2% | +2,509+2.2% | Added | – |
| iShares Tr46434V290 | US SML CAP EQT | 42,268 | $2.87M | 0.2% | −17,220−28.9% | Reduced | – |
| Vanguard Mun BD FDS922907746 | TAX EXEMPT BD | 56,563 | $2.77M | 0.2% | −3,504−5.8% | Reduced | – |
| NVDANVIDIA Corp | Stock | 17,304 | $2.73M | 0.2% | +1,344+8.4% | Added | History |
| Vanguard Mortgage-Backed Securities ETF92206C771 | ETF | 56,879 | $2.64M | 0.2% | −607−1.1% | Reduced | – |
| Schwab US Tips ETF808524870 | ETF | 95,899 | $2.56M | 0.2% | +4,722+5.2% | Added | – |
| iShares Tr464288638 | ISHS 5-10YR INVT | 46,998 | $2.50M | 0.2% | −1,463−3.0% | Reduced | – |
| iShares Ibonds Dec 2025 Term Corporate ETF46434VBD1 | ETF | 94,310 | $2.37M | 0.2% | 00.0% | Unchanged | – |
| iShares Tr464287150 | CORE S&P TTL STK | 17,545 | $2.37M | 0.2% | −198−1.1% | Reduced | – |
| ATOAtmos Energy Corp | COM | 15,156 | $2.34M | 0.2% | +17+0.1% | Added | History |
| SPDR Series Trust78464A656 | ST STR TIPS ETF | 84,481 | $2.20M | 0.2% | −8,239−8.9% | Reduced | – |
| iShares Ibonds Dec 2026 Term Corporate ETF46435GAA0 | ETF | 89,456 | $2.17M | 0.2% | −377−0.4% | Reduced | – |
| SPDR Series Trust78468R622 | ST BLOO HIGH ETF | 21,762 | $2.12M | 0.2% | −536−2.4% | Reduced | – |
| iShares Tr46429B747 | 0-5 YR TIPS ETF | 20,457 | $2.11M | 0.2% | −2,145−9.5% | Reduced | – |
| SPDR Series Trust78464A607 | ST STR DOW REIT | 21,013 | $2.03M | 0.1% | −902−4.1% | Reduced | – |
| iShares Russell 1000 Value ETF464287598 | ETF | 10,165 | $1.97M | 0.1% | −345−3.3% | Reduced | – |
| Vanguard Index FDS922908652 | EXTEND MKT ETF | 9,713 | $1.87M | 0.1% | −39−0.4% | Reduced | – |
| Vanguard Morningstar Mid-Cap Value ETF922908512 | ETF | 10,894 | $1.79M | 0.1% | 00.0% | Unchanged | – |
| GLDSPDR Gold Trust | ETF | 5,806 | $1.77M | 0.1% | −250−4.1% | Reduced | History |
| AMZNAmazon Com Inc | Stock | 8,065 | $1.77M | 0.1% | +858+11.9% | Added | History |
| iShares Tr46435G417 | CR 5 10 YR ETF | 39,457 | $1.72M | 0.1% | −1,615−3.9% | Reduced | – |
| Schwab U.S. Mid-Cap ETF808524508 | ETF | 56,518 | $1.59M | 0.1% | +1,266+2.3% | Added | – |
| iShares Ibonds Dec 2026 Term Muni Bond ETF46435U259 | ETF | 59,217 | $1.52M | 0.1% | +9,684+19.6% | Added | – |
| iShares Tr46434V613 | CORE UNIVRSL USD | 32,473 | $1.50M | 0.1% | −774−2.3% | Reduced | – |
| iShares S&P Mid-Cap 400 Value ETF464287705 | ETF | 11,876 | $1.47M | 0.1% | −442−3.6% | Reduced | – |
| iShares Ibonds Dec 2027 Term Muni Bond ETF46435U283 | ETF | 56,799 | $1.44M | 0.1% | +9,819+20.9% | Added | – |
| Dimensional ETF Trust25434V781 | INTL SMALL CAP V | 43,258 | $1.42M | 0.1% | −6,506−13.1% | Reduced | – |
| GOOGLAlphabet Inc. | Stock | 7,864 | $1.39M | 0.1% | +728+10.2% | Added | History |
| iShares Tr46435U432 | IBONDS DEC 25 | 48,291 | $1.29M | 0.1% | +7,487+18.3% | Added | – |
| State Street SPDR Portfolio Developed World Ex-US ETF78463X889 | ETF | 31,845 | $1.29M | 0.1% | 00.0% | Unchanged | – |
| iShares Tr46436E866 | IBONDS 25 TRM TS | 54,643 | $1.28M | 0.1% | −6,580−10.7% | Reduced | – |
| Vanguard Ftse Emerging Markets ETF922042858 | ETF | 25,804 | $1.28M | 0.1% | −3,626−12.3% | Reduced | – |
| iShares Inc46434G889 | EMNG MKTS EQT | 23,744 | $1.24M | 0.1% | −18,209−43.4% | Reduced | – |
| TSLATesla, Inc. | Stock | 3,869 | $1.23M | 0.1% | +123+3.3% | Added | History |
| iShares Ibonds Dec 2028 Term Muni Bond ETF46435U325 | ETF | 48,020 | $1.22M | 0.1% | +24,740+106.3% | Added | – |
| Vanguard Admiral FDS Inc921932778 | SMLCP 600 VAL | 13,980 | $1.20M | 0.1% | 00.0% | Unchanged | – |
Sold out since Q1 2025 (9)
Positions held at the end of Q1 2025 that are gone from this filing.
| Security | Class | Shares in Q1 2025 | Value in Q1 2025 | % of portfolio in Q1 2025 | History |
|---|---|---|---|---|---|
| iShares U S ETF Tr46431W507 | SHOR DURA BD ETF | 6,773 | $344.5K | <0.1% | – |
| UNHUnitedHealth Group Inc | Stock | 558 | $292.3K | <0.1% | History |
| HPQHP Inc | Stock | 8,107 | $224.5K | <0.1% | History |
| ELVElevance Health, Inc. | Stock | 463 | $201.4K | <0.1% | History |
| Dimensional ETF Trust25434V583 | GLOB CO PLUS ETF | 2,167 | $115.8K | <0.1% | – |
| Dimensional ETF Trust25434V575 | INTL COR FIX ETF | 1,385 | $72.4K | <0.1% | – |
| iShares Tr46435G342 | MORTGE REL ETF | 2,287 | $51.3K | <0.1% | – |
| iShares Inc46434G772 | MSCI TAIWAN ETF | 900 | $42.7K | <0.1% | – |
| SPDR Index Shs FDS78463X871 | ST INTL CAP ETF | 250 | $8.00K | <0.1% | – |