Stephenson & Company, Inc.

hedge fundUpdated 47 days ago

Managed by Stephenson & Company, Inc. • Latest filing Q2 2026

Portfolio value

$213.5M

Q2 2026

Filings

11

Quarterly 13F history

Top-10 concentration

100.0%

Weight of largest holdings

Annualized return

26.2%

Implied from 13F holdings

Portfolio value history

13F-disclosed portfolio value over 11 quarters

Show data table

Period	Portfolio value
Q4 2023	$119.3M
Q1 2024	$136.8M
Q2 2024	$134.9M
Q3 2024	$147.8M
Q4 2024	$148.6M
Q1 2025	$153.9M
Q2 2025	$164.6M
Q3 2025	$174.1M
Q4 2025	$182.1M
Q1 2026	$184.4M
Q2 2026	$213.5M

Top holdings

50 positions as of Q2 2026

#	Stock	Value	Shares	% Portfolio	Change
1	I IVZ INVESCO EXCHANGE TRADED FD T	$30.9M	145.4K	14.49%	Added(+6.8%)
2	E ETHA ISHARES TR	$30.4M	40.5K	14.22%	Added(+5.8%)
3	V VGES VANGUARD TAX-MANAGED FDS	$29.9M	420.2K	14.03%	Added(+4.7%)
4	B BRK-A BERKSHIRE HATHAWAY INC DEL	$29.1M	58.2K	13.64%	Added(+7.2%)
5	V VGES VANGUARD BD INDEX FDS	$19.2M	246.0K	8.98%	Added(+1.5%)
6	V VGES VANGUARD BD INDEX FDS	$11.9M	155.4K	5.58%	Added(+2.3%)
7	E ETHA ISHARES TR	$9.4M	63.2K	4.39%	Added(+6.1%)
8	E ETHA ISHARES TR	$8.8M	114.5K	4.14%	Added(+6.3%)
9	V VGES VANGUARD INTL EQUITY INDEX F	$7.5M	125.6K	3.51%	Added(+5.3%)
10	B BLK ISHARES TR	$4.9M	44.9K	2.30%	Added(+11.9%)
11	S SPY STATE STR SPDR S&P 500 ETF T	$4.9M	6.5K	2.27%	Added(+2.3%)
12	E ETHA ISHARES TR	$2.3M	21.8K	1.10%	Trimmed(-0.7%)
13	A AAPL APPLE INC	$2.2M	7.7K	1.04%	Added(+0.8%)
14	E ETHA ISHARES TR	$2.2M	13.2K	1.02%	Unchanged
15	E ETHA ISHARES TR	$2.1M	22.2K	1.00%	Added(+2.1%)
16	S STT-PG SPDR SERIES TRUST	$2M	21.2K	0.96%	Added(+2.7%)
17	E ETHA ISHARES TR	$1.5M	5.2K	0.73%	Trimmed(-3.5%)
18	B BRK-A BERKSHIRE HATHAWAY INC DEL	$1.5M	2	0.70%	Unchanged
19	V VGES VANGUARD INDEX FDS	$1.4M	2.1K	0.67%	Added(+398.8%)
20	? N/A SEI EXCHANGE TRADED FUNDS	$1.1M	42.6K	0.50%	—

I

INVESCO EXCHANGE TRADED FD T

+6.8%

Value

$30.9M

Shares

145.4K

% Port

14.49%

E

ISHARES TR

+5.8%

Value

$30.4M

Shares

40.5K

% Port

14.22%

V

VANGUARD TAX-MANAGED FDS

+4.7%

Value

$29.9M

Shares

420.2K

% Port

14.03%

B

BERKSHIRE HATHAWAY INC DEL

+7.2%

Value

$29.1M

Shares

58.2K

% Port

13.64%

V

VANGUARD BD INDEX FDS

+1.5%

Value

$19.2M

Shares

246.0K

% Port

8.98%

V

VANGUARD BD INDEX FDS

+2.3%

Value

$11.9M

Shares

155.4K

% Port

5.58%

E

ISHARES TR

+6.1%

Value

$9.4M

Shares

63.2K

% Port

4.39%

E

ISHARES TR

+6.3%

Value

$8.8M

Shares

114.5K

% Port

4.14%

V

VANGUARD INTL EQUITY INDEX F

+5.3%

Value

$7.5M

Shares

125.6K

% Port

3.51%

B

10.BLK

ISHARES TR

+11.9%

Value

$4.9M

Shares

44.9K

% Port

2.30%

S

11.SPY

STATE STR SPDR S&P 500 ETF T

+2.3%

Value

$4.9M

Shares

6.5K

% Port

2.27%

E

ISHARES TR

-0.7%

Value

$2.3M

Shares

21.8K

% Port

1.10%

A

APPLE INC

+0.8%

Value

$2.2M

Shares

7.7K

% Port

1.04%

E

ISHARES TR

Unchanged

Value

$2.2M

Shares

13.2K

% Port

1.02%

E

ISHARES TR

+2.1%

Value

$2.1M

Shares

22.2K

% Port

1.00%

S

SPDR SERIES TRUST

+2.7%

Value

$2M

Shares

21.2K

% Port

0.96%

E

ISHARES TR

-3.5%

Value

$1.5M

Shares

5.2K

% Port

0.73%

B

BERKSHIRE HATHAWAY INC DEL

Unchanged

Value

$1.5M

Shares

2

% Port

0.70%

V

VANGUARD INDEX FDS

+398.8%

Value

$1.4M

Shares

2.1K

% Port

0.67%

?

20.N/A

SEI EXCHANGE TRADED FUNDS

Value

$1.1M

Shares

42.6K

% Port

0.50%

View full portfolio (50 holdings) →

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