25 LLC

Filed: 10/16/2025ACC: 0001968777-25-000006

📋 What this filing means

25 LLC filed this quarterly 13F‑HR report disclosing 67 equity positions with a total reported market value of $293.69M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$293.69M

Total AUM (reported)

2.92M

Total Shares

Allocation by class

VG TL INTL STK F$46.50M15.8%

SM CP VAL ETF$40.12M13.7%

FTSE SMCAP ETF$28.80M9.8%

INT-TERM CORP$27.20M9.3%

VALUE ETF$24.32M8.3%

GROWTH ETF$22.39M7.6%

INTER TERM TREAS$19.63M6.7%

Portfolio Concentration

Top 3$115.41M39.3%

4–10$127.06M43.3%

11–25$32.34M11.0%

Rest$18.88M6.4%

Top 3 weight

39.3%

Top 10 weight

82.6%

Voting Authority Distribution

Total shares with voting rights: 2.92M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

2.92M

% of voting shares100.0%

Investment Discretion (by position count)

Sole67

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings67

Rows:

VANGUARD STAR FDS

SOLE

VG TL INTL STK F

Shares632.98K

TypeSH

Market value$46.50M

15.83%

Sole

0.00

Shared

0.00

None

632.98K

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares192.21K

TypeSH

Market value$40.12M

13.66%

Sole

0.00

Shared

0.00

None

192.21K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE SMCAP ETF

Shares202.03K

TypeSH

Market value$28.80M

9.81%

Sole

0.00

Shared

0.00

None

202.03K

VANGUARD SCOTTSDALE FDS

SOLE

INT-TERM CORP

Shares323.39K

TypeSH

Market value$27.20M

9.26%

Sole

0.00

Shared

0.00

None

323.39K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares130.44K

TypeSH

Market value$24.32M

8.28%

Sole

0.00

Shared

0.00

None

130.44K

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares46.69K

TypeSH

Market value$22.39M

7.62%

Sole

0.00

Shared

0.00

None

46.69K

VANGUARD SCOTTSDALE FDS

SOLE

INTER TERM TREAS

Shares326.94K

TypeSH

Market value$19.63M

6.68%

Sole

0.00

Shared

0.00

None

326.94K

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares52.74K

TypeSH

Market value$13.41M

4.57%

Sole

0.00

Shared

0.00

None

52.74K

ISHARES TR

SOLE

NATIONAL MUN ETF

Shares97.80K

TypeSH

Market value$10.41M

3.55%

Sole

0.00

Shared

0.00

None

97.80K

VANGUARD MUN BD FDS

SOLE

TAX EXEMPT BD

Shares193.50K

TypeSH

Market value$9.69M

3.30%

Sole

0.00

Shared

0.00

None

193.50K

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares7.59K

TypeSH

Market value$4.65M

1.58%

Sole

0.00

Shared

0.00

None

7.59K

APPLE INC

SOLE

COM

Shares15.25K

TypeSH

Market value$3.88M

1.32%

Sole

0.00

Shared

0.00

None

15.25K

DIMENSIONAL ETF TRUST

SOLE

NATL MUN BD ETF

Shares64.37K

TypeSH

Market value$3.09M

1.05%

Sole

0.00

Shared

0.00

None

64.37K

DIMENSIONAL ETF TRUST

SOLE

US CORE EQUITY 2

Shares79.69K

TypeSH

Market value$3.07M

1.05%

Sole

0.00

Shared

0.00

None

79.69K

ALPHABET INC

SOLE

CAP STK CL C

Shares10.74K

TypeSH

Market value$2.62M

0.89%

Sole

0.00

Shared

0.00

None

10.74K

DIMENSIONAL ETF TRUST

SOLE

US MKTWIDE VALUE

Shares46.63K

TypeSH

Market value$2.08M

0.71%

Sole

0.00

Shared

0.00

None

46.63K

SPDR SERIES TRUST

SOLE

PORTFOLIO LN TSR

Shares66.14K

TypeSH

Market value$1.78M

0.61%

Sole

0.00

Shared

0.00

None

66.14K

NVIDIA CORPORATION

SOLE

COM

Shares9.41K

TypeSH

Market value$1.76M

0.60%

Sole

0.00

Shared

0.00

None

9.41K

MICROSOFT CORP

SOLE

COM

Shares3.08K

TypeSH

Market value$1.59M

0.54%

Sole

0.00

Shared

0.00

None

3.08K

DIMENSIONAL ETF TRUST

SOLE

US TARGETED VLU

Shares25.86K

TypeSH

Market value$1.51M

0.51%

Sole

0.00

Shared

0.00

None

25.86K

DIMENSIONAL ETF TRUST

SOLE

INTL CORE EQUITY

Shares40.62K

TypeSH

Market value$1.33M

0.45%

Sole

0.00

Shared

0.00

None

40.62K

DIMENSIONAL ETF TRUST

SOLE

INTERNATNAL VAL

Shares28.29K

TypeSH

Market value$1.30M

0.44%

Sole

0.00

Shared

0.00

None

28.29K

SCHWAB STRATEGIC TR

SOLE

INTL SCEQT ETF

Shares28.43K

TypeSH

Market value$1.29M

0.44%

Sole

0.00

Shared

0.00

None

28.43K

AMAZON COM INC

SOLE

COM

Shares5.63K

TypeSH

Market value$1.24M

0.42%

Sole

0.00

Shared

0.00

None

5.63K

DIMENSIONAL ETF TRUST

SOLE

US EQUITY MARKET

Shares15.76K

TypeSH

Market value$1.14M

0.39%

Sole

0.00

Shared

0.00

None

15.76K

Issuer	Class	Shares	Type	Value / Portfolio %	None
VANGUARD STAR FDSSOLE	VG TL INTL STK F	632.98K	SH	$46.50M 15.83%	632.98K
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	192.21K	SH	$40.12M 13.66%	192.21K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE SMCAP ETF	202.03K	SH	$28.80M 9.81%	202.03K
VANGUARD SCOTTSDALE FDSSOLE	INT-TERM CORP	323.39K	SH	$27.20M 9.26%	323.39K
VANGUARD INDEX FDSSOLE	VALUE ETF	130.44K	SH	$24.32M 8.28%	130.44K
VANGUARD INDEX FDSSOLE	GROWTH ETF	46.69K	SH	$22.39M 7.62%	46.69K
VANGUARD SCOTTSDALE FDSSOLE	INTER TERM TREAS	326.94K	SH	$19.63M 6.68%	326.94K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	52.74K	SH	$13.41M 4.57%	52.74K
ISHARES TRSOLE	NATIONAL MUN ETF	97.80K	SH	$10.41M 3.55%	97.80K
VANGUARD MUN BD FDSSOLE	TAX EXEMPT BD	193.50K	SH	$9.69M 3.30%	193.50K
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	7.59K	SH	$4.65M 1.58%	7.59K
APPLE INCSOLE	COM	15.25K	SH	$3.88M 1.32%	15.25K
DIMENSIONAL ETF TRUSTSOLE	NATL MUN BD ETF	64.37K	SH	$3.09M 1.05%	64.37K
DIMENSIONAL ETF TRUSTSOLE	US CORE EQUITY 2	79.69K	SH	$3.07M 1.05%	79.69K
ALPHABET INCSOLE	CAP STK CL C	10.74K	SH	$2.62M 0.89%	10.74K
DIMENSIONAL ETF TRUSTSOLE	US MKTWIDE VALUE	46.63K	SH	$2.08M 0.71%	46.63K
SPDR SERIES TRUSTSOLE	PORTFOLIO LN TSR	66.14K	SH	$1.78M 0.61%	66.14K
NVIDIA CORPORATIONSOLE	COM	9.41K	SH	$1.76M 0.60%	9.41K
MICROSOFT CORPSOLE	COM	3.08K	SH	$1.59M 0.54%	3.08K
DIMENSIONAL ETF TRUSTSOLE	US TARGETED VLU	25.86K	SH	$1.51M 0.51%	25.86K
DIMENSIONAL ETF TRUSTSOLE	INTL CORE EQUITY	40.62K	SH	$1.33M 0.45%	40.62K
DIMENSIONAL ETF TRUSTSOLE	INTERNATNAL VAL	28.29K	SH	$1.30M 0.44%	28.29K
SCHWAB STRATEGIC TRSOLE	INTL SCEQT ETF	28.43K	SH	$1.29M 0.44%	28.43K
AMAZON COM INCSOLE	COM	5.63K	SH	$1.24M 0.42%	5.63K
DIMENSIONAL ETF TRUSTSOLE	US EQUITY MARKET	15.76K	SH	$1.14M 0.39%	15.76K

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