Filed: 7/9/2025ACC: 0001172661-25-002514
📋 What this filing means
KEARNS & ASSOCIATES LLC filed this quarterly 13F‑HR report disclosing 44 equity positions with a total reported market value of $174.44M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
44
Positions
$174.44M
Total AUM (reported)
1.16M
Total Shares
Allocation by class
TOTAL STK MKT$52.84M30.3%
S&P 500 ETF SHS$51.95M29.8%
VAN FTSE DEV MKT$17.66M10.1%
COM$15.93M9.1%
SMALL CP ETF$9.23M5.3%
TR UNIT$5.94M3.4%
FTSE EMR MKT ETF$5.28M3.0%
Portfolio Concentration
Top 3$122.44M70.2%
4–10$31.24M17.9%
11–25$13.71M7.9%
Rest$7.05M4.0%
Top 3 weight
70.2%
Top 10 weight
88.1%
Voting Authority Distribution
Total shares with voting rights: 1.16M
Sole
Full voting authority
1.16M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole44
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings44
Rows:
VANGUARD INDEX FDS
SOLEShares173.84K
TypeSH
Market value$52.84M
30.29%
Sole
173.84K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares91.46K
TypeSH
Market value$51.95M
29.78%
Sole
91.46K
Shared
0.00
None
0.00
VANGUARD TAX-MANAGED FDS
SOLEShares309.72K
TypeSH
Market value$17.66M
10.12%
Sole
309.72K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares38.95K
TypeSH
Market value$9.23M
5.29%
Sole
38.95K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares9.61K
TypeSH
Market value$5.94M
3.40%
Sole
9.61K
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares106.70K
TypeSH
Market value$5.28M
3.03%
Sole
106.70K
Shared
0.00
None
0.00
APPLE INC
SOLEShares20.73K
TypeSH
Market value$4.25M
2.44%
Sole
20.73K
Shared
0.00
None
0.00
ROYALTY PHARMA PLC
SOLEShares70.74K
TypeSH
Market value$2.55M
1.46%
Sole
70.74K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares4.30K
TypeSH
Market value$2.14M
1.23%
Sole
4.30K
Shared
0.00
None
0.00
SCHWAB STRATEGIC TR
SOLEShares83.97K
TypeSH
Market value$1.86M
1.06%
Sole
83.97K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares3.94K
TypeSH
Market value$1.73M
0.99%
Sole
3.94K
Shared
0.00
None
0.00
VISA INC
SOLEShares3.20K
TypeSH
Market value$1.14M
0.65%
Sole
3.20K
Shared
0.00
None
0.00
INNOVATOR ETFS TRUST
SOLEShares25.75K
TypeSH
Market value$1.13M
0.65%
Sole
25.75K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares4.66K
TypeSH
Market value$1.02M
0.59%
Sole
4.66K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares8.23K
TypeSH
Market value$924.1K
0.53%
Sole
8.23K
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares19.50K
TypeSH
Market value$922.7K
0.53%
Sole
19.50K
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares2.80K
TypeSH
Market value$893.1K
0.51%
Sole
2.80K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares4.80K
TypeSH
Market value$851.5K
0.49%
Sole
4.80K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares4.80K
TypeSH
Market value$845.9K
0.48%
Sole
4.80K
Shared
0.00
None
0.00
SCHWAB CHARLES CORP
SOLEShares9K
TypeSH
Market value$821.2K
0.47%
Sole
9K
Shared
0.00
None
0.00
SCHWAB STRATEGIC TR
SOLEShares25.24K
TypeSH
Market value$760.7K
0.44%
Sole
25.24K
Shared
0.00
None
0.00
FIDELITY MERRIMACK STR TR
SOLEShares15.52K
TypeSH
Market value$709.8K
0.41%
Sole
15.52K
Shared
0.00
None
0.00
GOLDMAN SACHS GROUP INC
SOLEShares1K
TypeSH
Market value$707.8K
0.41%
Sole
1K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares5.81K
TypeSH
Market value$634.8K
0.36%
Sole
5.81K
Shared
0.00
None
0.00
MARSH & MCLENNAN COS INC
SOLEShares2.86K
TypeSH
Market value$625.3K
0.36%
Sole
2.86K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 173.84K | SH | $52.84M 30.29% | 173.84K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 91.46K | SH | $51.95M 29.78% | 91.46K | 0.00 | 0.00 |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 309.72K | SH | $17.66M 10.12% | 309.72K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | SMALL CP ETF | 38.95K | SH | $9.23M 5.29% | 38.95K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 9.61K | SH | $5.94M 3.40% | 9.61K | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE EMR MKT ETF | 106.70K | SH | $5.28M 3.03% | 106.70K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 20.73K | SH | $4.25M 2.44% | 20.73K | 0.00 | 0.00 |
ROYALTY PHARMA PLCSOLE | SHS CLASS A | 70.74K | SH | $2.55M 1.46% | 70.74K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 4.30K | SH | $2.14M 1.23% | 4.30K | 0.00 | 0.00 |
SCHWAB STRATEGIC TRSOLE | INTL EQTY ETF | 83.97K | SH | $1.86M 1.06% | 83.97K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | GROWTH ETF | 3.94K | SH | $1.73M 0.99% | 3.94K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 3.20K | SH | $1.14M 0.65% | 3.20K | 0.00 | 0.00 |
INNOVATOR ETFS TRUSTSOLE | US EQTY PWR BUF | 25.75K | SH | $1.13M 0.65% | 25.75K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 4.66K | SH | $1.02M 0.59% | 4.66K | 0.00 | 0.00 |
ISHARES TRSOLE | EXPND TEC SC ETF | 8.23K | SH | $924.1K 0.53% | 8.23K | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 19.50K | SH | $922.7K 0.53% | 19.50K | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 2.80K | SH | $893.1K 0.51% | 2.80K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 4.80K | SH | $851.5K 0.49% | 4.80K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 4.80K | SH | $845.9K 0.48% | 4.80K | 0.00 | 0.00 |
SCHWAB CHARLES CORPSOLE | COM | 9K | SH | $821.2K 0.47% | 9K | 0.00 | 0.00 |
SCHWAB STRATEGIC TRSOLE | EMRG MKTEQ ETF | 25.24K | SH | $760.7K 0.44% | 25.24K | 0.00 | 0.00 |
FIDELITY MERRIMACK STR TRSOLE | TOTAL BD ETF | 15.52K | SH | $709.8K 0.41% | 15.52K | 0.00 | 0.00 |
GOLDMAN SACHS GROUP INCSOLE | COM | 1K | SH | $707.8K 0.41% | 1K | 0.00 | 0.00 |
ISHARES TRSOLE | CORE S&P SCP ETF | 5.81K | SH | $634.8K 0.36% | 5.81K | 0.00 | 0.00 |
MARSH & MCLENNAN COS INCSOLE | COM | 2.86K | SH | $625.3K 0.36% | 2.86K | 0.00 | 0.00 |
Page 1 of 2