EP Wealth Advisors, LLC
Reported US equity positions for Q1 2026 — $20.3B across 1,497 positions.
| Holding | Reported value | Share of portfolio | Shares |
|---|---|---|---|
| VTV Vanguard Morningstar Value ETF | $1.7B | 8.1% | 8,418,734 |
| VUG Vanguard Morningstar Growth ETF | $1.6B | 7.8% | 3,651,263 |
| BIV Vanguard Intermediate-Term Bond ETF | $790.4M | 3.9% | 10,240,765 |
| VOE Vanguard Morningstar Mid-Cap Value ETF | $762.9M | 3.8% | 4,140,038 |
| VIGI Vanguard International Dividend Appreciation ETF | $640.4M | 3.1% | 7,239,592 |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | $616.0M | 3.0% | 11,720,729 |
| AAPL Apple Inc. | $582.8M | 2.9% | 2,296,297 |
| NVDA NVIDIA Corporation | $458.3M | 2.3% | 2,627,656 |
| VWO Vanguard FTSE Emerging Markets ETF | $414.7M | 2.0% | 7,672,486 |
| VOT Vanguard Morningstar Mid-Cap Growth ETF | $399.2M | 2.0% | 1,551,126 |
| DFIV Dimensional International Value ETF | $381.4M | 1.9% | 7,226,755 |
| AGG iShares Core U.S. Aggregate Bond ETF | $316.7M | 1.6% | 3,190,653 |
| MSFT Microsoft Corporation | $307.7M | 1.5% | 831,319 |
| GOOGL Alphabet Inc. | $300.8M | 1.5% | 1,046,211 |
| VOO Vanguard S&P 500 ETF | $290.4M | 1.4% | 485,913 |
| SPY State Street SPDR S&P 500 ETF Trust | $290.0M | 1.4% | 445,988 |
| AMZN Amazon.com, Inc. | $276.2M | 1.4% | 1,326,047 |
| DFAT Dimensional U.S. Targeted Value ETF | $268.6M | 1.3% | 4,301,015 |
| AVGO Broadcom Inc. | $251.2M | 1.2% | 811,673 |
| IVV iShares Core S&P 500 ETF | $250.2M | 1.2% | 382,980 |
| VBK Vanguard Morningstar Small-Cap Growth ETF | $244.2M | 1.2% | 807,814 |
| XLK State Street Technology Select Sector SPDR ETF | $227.8M | 1.1% | 1,714,371 |
| JPM JP Morgan Chase & Co. | $193.5M | 1.0% | 657,750 |
| BLCV Blackrock Etf Trust | $186.9M | 0.9% | 5,174,560 |
| XOM ExxonMobil Holdings Corporation | $165.6M | 0.8% | 976,115 |
| GOVT iShares U.S. Treasury Bond ETF | $160.2M | 0.8% | 6,993,963 |
| JNJ Johnson & Johnson | $149.5M | 0.7% | 611,615 |
| COST Costco Wholesale Corporation | $147.8M | 0.7% | 148,308 |
| META Meta Platforms, Inc. | $128.7M | 0.6% | 225,005 |
| BRK.B Berkshire Hathaway Inc. | $109.1M | 0.5% | 227,644 |
| JSCP JPMorgan Short Duration Core Plus ETF | $105.0M | 0.5% | 2,219,401 |
| DFLV Dimensional US Large Cap Value ETF | $99.8M | 0.5% | 2,793,707 |
| GOOG Alphabet Inc. - Class C Capital Stock | $98.7M | 0.5% | 343,987 |
| V Visa Inc. | $97.1M | 0.5% | 321,164 |
| MUB iShares National Muni Bond ETF | $90.0M | 0.4% | 847,619 |
| VTI Vanguard Morningstar Total Stock Market ETF | $85.3M | 0.4% | 265,766 |
| SCHX Schwab U.S. Large-Cap ETF | $81.7M | 0.4% | 3,184,837 |
| QQQ Invesco QQQ Trust, Series 1 | $81.2M | 0.4% | 140,627 |
| CSCO Cisco Systems, Inc. | $80.8M | 0.4% | 1,041,483 |
| XLE State Street Energy Select Sector SPDR ETF | $77.9M | 0.4% | 1,271,555 |
| TAXX BondBloxx IR+M Tax-Aware Short Duration ETF | $77.4M | 0.4% | 1,530,325 |
| MCD McDonald's Corporation | $75.2M | 0.4% | 241,857 |
| LLY Eli Lilly and Company | $74.3M | 0.4% | 80,730 |
| IWF iShares Russell 1000 Growth Fund | $74.1M | 0.4% | 173,688 |
| BND Vanguard Total Bond Market ETF | $74.0M | 0.4% | 1,004,275 |
| HONGBP Honeywell Intl INC | $73.2M | 0.4% | 323,794 |
| DFAI Dimensional International Core Equity Market ETF | $71.4M | 0.4% | 1,832,034 |
| SYK Stryker Corporation | $71.1M | 0.3% | 216,387 |
| MDY State Street SPDR S&P MIDCAP 400 ETF Trust | $68.9M | 0.3% | 111,747 |
| PEP PepsiCo, Inc. | $68.0M | 0.3% | 438,065 |
| CMF iShares California Muni Bond ETF | $67.1M | 0.3% | 1,180,899 |
| VTEB Vanguard Tax-Exempt Bond ETF | $64.8M | 0.3% | 1,299,844 |
| IWD iShares Russell 1000 Value ETF | $64.8M | 0.3% | 303,087 |
| UNP Union Pacific Corporation | $64.1M | 0.3% | 264,316 |
| BLK BlackRock, Inc. | $62.4M | 0.3% | 64,906 |
| NEE NextEra Energy, Inc. | $59.9M | 0.3% | 644,609 |
| ESGD iShares ESG Aware MSCI EAFE ETF | $59.2M | 0.3% | 619,047 |
| WM Waste Management, Inc. | $57.2M | 0.3% | 249,020 |
| ABBV AbbVie Inc. | $56.9M | 0.3% | 261,651 |
| SPGI S&P Global Inc. | $56.2M | 0.3% | 132,133 |
Long US equity positions only, as filed. 13F does not cover short positions, cash, bonds or non-US listings, so this is not the whole portfolio.
What changed last quarter
| Holding | Change | Now | Was | Shares |
|---|---|---|---|---|
| VTV Vanguard Morningstar Value ETF | Add | $1.7B | $1.5B | +6% |
| VUG Vanguard Morningstar Growth ETF | Add | $1.6B | $1.7B | +5% |
| BIV Vanguard Intermediate-Term Bond ETF | Add | $790.4M | $672.6M | +19% |
| VOE Vanguard Morningstar Mid-Cap Value ETF | Add | $762.9M | $692.8M | +6% |
| VIGI Vanguard International Dividend Appreciation ETF | Add | $640.4M | $597.5M | +11% |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | Add | $616.0M | $556.1M | +11% |
| NVDA NVIDIA Corporation | Add | $458.3M | $448.7M | +9% |
| VWO Vanguard FTSE Emerging Markets ETF | Add | $414.7M | $386.3M | +7% |
| VOT Vanguard Morningstar Mid-Cap Growth ETF | Add | $399.2M | $392.3M | +10% |
| DFIV Dimensional International Value ETF | Add | $381.4M | $304.3M | +18% |
| AGG iShares Core U.S. Aggregate Bond ETF | Add | $316.7M | $277.7M | +15% |
| MSFT Microsoft Corporation | Add | $307.7M | $394.7M | +2% |
| GOOGL Alphabet Inc. | Trim | $300.8M | $330.8M | -1% |
| VOO Vanguard S&P 500 ETF | Add | $290.4M | $221.8M | +37% |
| SPY State Street SPDR S&P 500 ETF Trust | Trim | $290.0M | $318.4M | -4% |
| AMZN Amazon.com, Inc. | Add | $276.2M | $280.9M | +9% |
| DFAT Dimensional U.S. Targeted Value ETF | Add | $268.6M | $249.1M | +3% |
| AVGO Broadcom Inc. | Trim | $251.2M | $296.4M | -5% |
| IVV iShares Core S&P 500 ETF | Add | $250.2M | $136.0M | +93% |
| VBK Vanguard Morningstar Small-Cap Growth ETF | Add | $244.2M | $234.5M | +4% |
| XLK State Street Technology Select Sector SPDR ETF | Add | $227.8M | $234.2M | +5% |
| JPM JP Morgan Chase & Co. | Add | $193.5M | $208.3M | +2% |
| XOM ExxonMobil Holdings Corporation | Trim | $165.6M | $121.0M | -3% |
| GOVT iShares U.S. Treasury Bond ETF | Add | $160.2M | $151.3M | +6% |
| JNJ Johnson & Johnson | Trim | $149.5M | $129.8M | -3% |
| META Meta Platforms, Inc. | Add | $128.7M | $136.8M | +9% |
| BRK.B Berkshire Hathaway Inc. | Trim | $109.1M | $119.5M | -4% |
| JSCP JPMorgan Short Duration Core Plus ETF | Add | $105.0M | $101.7M | +4% |
| DFLV Dimensional US Large Cap Value ETF | Trim | $99.8M | $107.0M | -11% |
| GOOG Alphabet Inc. - Class C Capital Stock | Trim | $98.7M | $111.4M | -3% |
| V Visa Inc. | Add | $97.1M | $100.4M | +12% |
| MUB iShares National Muni Bond ETF | Add | $90.0M | $84.1M | +8% |
| VTI Vanguard Morningstar Total Stock Market ETF | Add | $85.3M | $86.7M | +3% |
| QQQ Invesco QQQ Trust, Series 1 | Add | $81.2M | $79.7M | +8% |
| CSCO Cisco Systems, Inc. | Trim | $80.8M | $81.2M | -1% |
| XLE State Street Energy Select Sector SPDR ETF | Add | $77.9M | $51.8M | +10% |
| TAXX BondBloxx IR+M Tax-Aware Short Duration ETF | Add | $77.4M | $68.8M | +13% |
| MCD McDonald's Corporation | Add | $75.2M | $73.0M | +1% |
| LLY Eli Lilly and Company | Add | $74.3M | $80.9M | +7% |
| IWF iShares Russell 1000 Growth Fund | Trim | $74.1M | $83.3M | -1% |
New and exited positions are only shown for managers whose entire filed portfolio fits inside the positions stored here. For a manager filing more than that, a holding leaving the stored set is indistinguishable from a holding being sold, so those are reported as adds and trims only.
What a 13F is
Any institutional manager exercising discretion over more than $100 million in US-listed equities must file a Form 13F with the SEC within 45 days of each quarter end, listing what they held on the last day of that quarter. The threshold was set in 1975 and has never been raised, so the filer population now runs to several thousand.
The four things it does not tell you
- It is stale. A filing describes positions as of quarter end and can arrive 45 days later. A manager who sold everything in week one of the new quarter files the same document as one who held.
- Long US equities only. No short positions, no cash, no bonds, no commodities, no foreign listings. A fund that looks heavily long in a 13F may be hedged in instruments that never appear.
- Not the whole firm. Assets are reported by the entity with discretion, so one manager can file under several CIKs, and the figure here is what that entity reported.
- Confidential treatment exists. A manager can apply to delay disclosing a position while building it. Those holdings appear later, if at all.
Why the biggest filers are not the interesting ones
The largest managers by reported value are index providers — they hold nearly everything, in proportion to the indices they track, because clients asked them to. Reading their filings for conviction is a category error. The filings worth attention are concentrated ones, where a small number of positions make up most of the portfolio, since that reflects a decision rather than a mandate.
The share-of-portfolio column is the one to read for this. A position that is 15% of a fund says something; the same dollar amount at 0.2% of an index tracker does not.
Where this comes from
The SEC's own quarterly Form 13F structured data sets, parsed here rather than bought from a vendor. Holdings are identified in the filings by CUSIP, and the mapping from CUSIP to ticker is the awkward part — that identifier is licensed rather than public, so the mapping is resolved through OpenFIGI and built up over time. Around 95% of reported value currently sits on a resolved ticker; the rest shows its CUSIP.
The rest of the section is on the Markets overview — including insider transactions, which are the same idea at the individual level, and the correlation finder, where each ticker's page carries its institutional ownership.