CLARK ASSET MANAGEMENT, LLC

Filed: 10/20/2025ACC: 0002063364-25-000222

📋 What this filing means

CLARK ASSET MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 208 equity positions with a total reported market value of $860.43M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

208

Positions

$860.43M

Total AUM (reported)

14.70M

Total Shares

Allocation by class

VAN FTSE DEV MKT$130.71M15.2%

GROWTH ETF$93.34M10.8%

COM$79.79M9.3%

VALUE ETF$79.46M9.2%

FTSE EMR MKT ETF$47.64M5.5%

SMALL CP ETF$34.95M4.1%

TOTAL INT BD ETF$33.36M3.9%

Portfolio Concentration

Top 3$303.51M35.3%

4–10$206.46M24.0%

11–25$192.19M22.3%

Rest$158.27M18.4%

Top 3 weight

35.3%

Top 10 weight

59.3%

Voting Authority Distribution

Total shares with voting rights: 14.70M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

14.70M

% of voting shares100.0%

Investment Discretion (by position count)

Sole208

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings208

Rows:

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares2.18M

TypeSH

Market value$130.71M

15.19%

Sole

0.00

Shared

0.00

None

2.18M

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares194.63K

TypeSH

Market value$93.34M

10.85%

Sole

0.00

Shared

0.00

None

194.63K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares426.08K

TypeSH

Market value$79.46M

9.23%

Sole

0.00

Shared

0.00

None

426.08K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares879.26K

TypeSH

Market value$47.64M

5.54%

Sole

0.00

Shared

0.00

None

879.26K

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares137.44K

TypeSH

Market value$34.95M

4.06%

Sole

0.00

Shared

0.00

None

137.44K

VANGUARD CHARLOTTE FDS

SOLE

TOTAL INT BD ETF

Shares674.45K

TypeSH

Market value$33.36M

3.88%

Sole

0.00

Shared

0.00

None

674.45K

VANGUARD BD INDEX FDS

SOLE

SHORT TRM BOND

Shares409.93K

TypeSH

Market value$32.35M

3.76%

Sole

0.00

Shared

0.00

None

409.93K

APPLE INC

SOLE

COM

Shares87.98K

TypeSH

Market value$22.40M

2.60%

Sole

0.00

Shared

0.00

None

87.98K

INVESCO EXCH TRD SLF IDX FD

SOLE

BULSHS 2025 CB

Shares881.71K

TypeSH

Market value$18.24M

2.12%

Sole

0.00

Shared

0.00

None

881.71K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares53.39K

TypeSH

Market value$17.52M

2.04%

Sole

0.00

Shared

0.00

None

53.39K

INVESCO EXCH TRD SLF IDX FD

SOLE

INVSCO BLSH 28

Shares844.78K

TypeSH

Market value$17.38M

2.02%

Sole

0.00

Shared

0.00

None

844.78K

INVESCO EXCH TRD SLF IDX FD

SOLE

BULSHS 2027 CB

Shares859.14K

TypeSH

Market value$16.93M

1.97%

Sole

0.00

Shared

0.00

None

859.14K

INVESCO EXCH TRD SLF IDX FD

SOLE

BULSHS 2026 CB

Shares823.37K

TypeSH

Market value$16.11M

1.87%

Sole

0.00

Shared

0.00

None

823.37K

VANGUARD BD INDEX FDS

SOLE

INTERMED TERM

Shares206.04K

TypeSH

Market value$16.09M

1.87%

Sole

0.00

Shared

0.00

None

206.04K

INVESCO EXCH TRD SLF IDX FD

SOLE

BULETSHS 2029

Shares838.34K

TypeSH

Market value$15.77M

1.83%

Sole

0.00

Shared

0.00

None

838.34K

VANGUARD MUN BD FDS

SOLE

TAX EXEMPT BD

Shares297.88K

TypeSH

Market value$14.91M

1.73%

Sole

0.00

Shared

0.00

None

297.88K

VANGUARD SCOTTSDALE FDS

SOLE

MTG-BKD SECS ETF

Shares309.55K

TypeSH

Market value$14.54M

1.69%

Sole

0.00

Shared

0.00

None

309.55K

VANGUARD BD INDEX FDS

SOLE

LONG TERM BOND

Shares203.64K

TypeSH

Market value$14.43M

1.68%

Sole

0.00

Shared

0.00

None

203.64K

INVESCO EXCH TRD SLF IDX FD

SOLE

INVSCO 30 CORP

Shares791.76K

TypeSH

Market value$13.38M

1.56%

Sole

0.00

Shared

0.00

None

791.76K

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares20.09K

TypeSH

Market value$12.30M

1.43%

Sole

0.00

Shared

0.00

None

20.09K

INVESCO EXCH TRD SLF IDX FD

SOLE

BULETSHS 2031 CP

Shares623.10K

TypeSH

Market value$10.39M

1.21%

Sole

0.00

Shared

0.00

None

623.10K

MICROSOFT CORP

SOLE

COM

Shares19.72K

TypeSH

Market value$10.21M

1.19%

Sole

0.00

Shared

0.00

None

19.72K

INVESCO EXCH TRD SLF IDX FD

SOLE

BULLETSHS 2032

Shares336.50K

TypeSH

Market value$7.03M

0.82%

Sole

0.00

Shared

0.00

None

336.50K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares10.86K

TypeSH

Market value$6.52M

0.76%

Sole

0.00

Shared

0.00

None

10.86K

INVESCO EXCH TRD SLF IDX FD

SOLE

INVESCO BULLETSH

Shares288.69K

TypeSH

Market value$6.20M

0.72%

Sole

0.00

Shared

0.00

None

288.69K

Issuer	Class	Shares	Type	Value / Portfolio %	None
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	2.18M	SH	$130.71M 15.19%	2.18M
VANGUARD INDEX FDSSOLE	GROWTH ETF	194.63K	SH	$93.34M 10.85%	194.63K
VANGUARD INDEX FDSSOLE	VALUE ETF	426.08K	SH	$79.46M 9.23%	426.08K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	879.26K	SH	$47.64M 5.54%	879.26K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	137.44K	SH	$34.95M 4.06%	137.44K
VANGUARD CHARLOTTE FDSSOLE	TOTAL INT BD ETF	674.45K	SH	$33.36M 3.88%	674.45K
VANGUARD BD INDEX FDSSOLE	SHORT TRM BOND	409.93K	SH	$32.35M 3.76%	409.93K
APPLE INCSOLE	COM	87.98K	SH	$22.40M 2.60%	87.98K
INVESCO EXCH TRD SLF IDX FDSOLE	BULSHS 2025 CB	881.71K	SH	$18.24M 2.12%	881.71K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	53.39K	SH	$17.52M 2.04%	53.39K
INVESCO EXCH TRD SLF IDX FDSOLE	INVSCO BLSH 28	844.78K	SH	$17.38M 2.02%	844.78K
INVESCO EXCH TRD SLF IDX FDSOLE	BULSHS 2027 CB	859.14K	SH	$16.93M 1.97%	859.14K
INVESCO EXCH TRD SLF IDX FDSOLE	BULSHS 2026 CB	823.37K	SH	$16.11M 1.87%	823.37K
VANGUARD BD INDEX FDSSOLE	INTERMED TERM	206.04K	SH	$16.09M 1.87%	206.04K
INVESCO EXCH TRD SLF IDX FDSOLE	BULETSHS 2029	838.34K	SH	$15.77M 1.83%	838.34K
VANGUARD MUN BD FDSSOLE	TAX EXEMPT BD	297.88K	SH	$14.91M 1.73%	297.88K
VANGUARD SCOTTSDALE FDSSOLE	MTG-BKD SECS ETF	309.55K	SH	$14.54M 1.69%	309.55K
VANGUARD BD INDEX FDSSOLE	LONG TERM BOND	203.64K	SH	$14.43M 1.68%	203.64K
INVESCO EXCH TRD SLF IDX FDSOLE	INVSCO 30 CORP	791.76K	SH	$13.38M 1.56%	791.76K
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	20.09K	SH	$12.30M 1.43%	20.09K
INVESCO EXCH TRD SLF IDX FDSOLE	BULETSHS 2031 CP	623.10K	SH	$10.39M 1.21%	623.10K
MICROSOFT CORPSOLE	COM	19.72K	SH	$10.21M 1.19%	19.72K
INVESCO EXCH TRD SLF IDX FDSOLE	BULLETSHS 2032	336.50K	SH	$7.03M 0.82%	336.50K
INVESCO QQQ TRSOLE	UNIT SER 1	10.86K	SH	$6.52M 0.76%	10.86K
INVESCO EXCH TRD SLF IDX FDSOLE	INVESCO BULLETSH	288.69K	SH	$6.20M 0.72%	288.69K

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