Filed: 1/8/2026ACC: 0001172661-26-000050
📋 What this filing means
KEARNS & ASSOCIATES LLC filed this quarterly 13F‑HR report disclosing 40 equity positions with a total reported market value of $193.57M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
40
Positions
$193.57M
Total AUM (reported)
1.17M
Total Shares
Allocation by class
TOTAL STK MKT$58.60M30.3%
S&P 500 ETF SHS$57.03M29.5%
VAN FTSE DEV MKT$19.89M10.3%
COM$16.99M8.8%
SMALL CP ETF$10.07M5.2%
TR UNIT$6.37M3.3%
FTSE EMR MKT ETF$6.04M3.1%
Portfolio Concentration
Top 3$135.52M70.0%
4–10$35.05M18.1%
11–25$16.54M8.5%
Rest$6.47M3.3%
Top 3 weight
70.0%
Top 10 weight
88.1%
Voting Authority Distribution
Total shares with voting rights: 1.17M
Sole
Full voting authority
1.17M
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)
Sole40
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings40
Rows:
VANGUARD INDEX FDS
SOLEShares174.77K
TypeSH
Market value$58.60M
30.27%
Sole
174.77K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares90.94K
TypeSH
Market value$57.03M
29.46%
Sole
90.94K
Shared
0.00
None
0.00
VANGUARD TAX-MANAGED FDS
SOLEShares318.40K
TypeSH
Market value$19.89M
10.28%
Sole
318.40K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares39.03K
TypeSH
Market value$10.07M
5.20%
Sole
39.03K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares9.34K
TypeSH
Market value$6.37M
3.29%
Sole
9.34K
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares112.35K
TypeSH
Market value$6.04M
3.12%
Sole
112.35K
Shared
0.00
None
0.00
APPLE INC
SOLEShares20.74K
TypeSH
Market value$5.64M
2.91%
Sole
20.74K
Shared
0.00
None
0.00
ROYALTY PHARMA PLC
SOLEShares70.74K
TypeSH
Market value$2.73M
1.41%
Sole
70.74K
Shared
0.00
None
0.00
SCHWAB STRATEGIC TR
SOLEShares88.01K
TypeSH
Market value$2.12M
1.09%
Sole
88.01K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares4.30K
TypeSH
Market value$2.08M
1.08%
Sole
4.30K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares4.27K
TypeSH
Market value$2.08M
1.08%
Sole
4.27K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares4.80K
TypeSH
Market value$1.51M
0.78%
Sole
4.80K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares4.80K
TypeSH
Market value$1.50M
0.78%
Sole
4.80K
Shared
0.00
None
0.00
INNOVATOR ETFS TRUST
SOLEShares25.75K
TypeSH
Market value$1.20M
0.62%
Sole
25.75K
Shared
0.00
None
0.00
VISA INC
SOLEShares3.20K
TypeSH
Market value$1.12M
0.58%
Sole
3.20K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares4.66K
TypeSH
Market value$1.08M
0.56%
Sole
4.66K
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares19.50K
TypeSH
Market value$1.07M
0.55%
Sole
19.50K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares8.23K
TypeSH
Market value$1.06M
0.55%
Sole
8.23K
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares2.80K
TypeSH
Market value$1.04M
0.54%
Sole
2.80K
Shared
0.00
None
0.00
SCHWAB CHARLES CORP
SOLEShares9K
TypeSH
Market value$899.2K
0.46%
Sole
9K
Shared
0.00
None
0.00
GOLDMAN SACHS GROUP INC
SOLEShares1K
TypeSH
Market value$879.0K
0.45%
Sole
1K
Shared
0.00
None
0.00
SCHWAB STRATEGIC TR
SOLEShares25.85K
TypeSH
Market value$846.6K
0.44%
Sole
25.85K
Shared
0.00
None
0.00
FIDELITY MERRIMACK STR TR
SOLEShares18.04K
TypeSH
Market value$830.3K
0.43%
Sole
18.04K
Shared
0.00
None
0.00
HERBALIFE LTD
SOLEShares56.90K
TypeSH
Market value$733.4K
0.38%
Sole
56.90K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares5.81K
TypeSH
Market value$698.0K
0.36%
Sole
5.81K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 174.77K | SH | $58.60M 30.27% | 174.77K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 90.94K | SH | $57.03M 29.46% | 90.94K | 0.00 | 0.00 |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 318.40K | SH | $19.89M 10.28% | 318.40K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | SMALL CP ETF | 39.03K | SH | $10.07M 5.20% | 39.03K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 9.34K | SH | $6.37M 3.29% | 9.34K | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE EMR MKT ETF | 112.35K | SH | $6.04M 3.12% | 112.35K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 20.74K | SH | $5.64M 2.91% | 20.74K | 0.00 | 0.00 |
ROYALTY PHARMA PLCSOLE | SHS CLASS A | 70.74K | SH | $2.73M 1.41% | 70.74K | 0.00 | 0.00 |
SCHWAB STRATEGIC TRSOLE | INTL EQTY ETF | 88.01K | SH | $2.12M 1.09% | 88.01K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 4.30K | SH | $2.08M 1.08% | 4.30K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | GROWTH ETF | 4.27K | SH | $2.08M 1.08% | 4.27K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 4.80K | SH | $1.51M 0.78% | 4.80K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 4.80K | SH | $1.50M 0.78% | 4.80K | 0.00 | 0.00 |
INNOVATOR ETFS TRUSTSOLE | US EQTY PWR BUF | 25.75K | SH | $1.20M 0.62% | 25.75K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 3.20K | SH | $1.12M 0.58% | 3.20K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 4.66K | SH | $1.08M 0.56% | 4.66K | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 19.50K | SH | $1.07M 0.55% | 19.50K | 0.00 | 0.00 |
ISHARES TRSOLE | EXPND TEC SC ETF | 8.23K | SH | $1.06M 0.55% | 8.23K | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 2.80K | SH | $1.04M 0.54% | 2.80K | 0.00 | 0.00 |
SCHWAB CHARLES CORPSOLE | COM | 9K | SH | $899.2K 0.46% | 9K | 0.00 | 0.00 |
GOLDMAN SACHS GROUP INCSOLE | COM | 1K | SH | $879.0K 0.45% | 1K | 0.00 | 0.00 |
SCHWAB STRATEGIC TRSOLE | EMRG MKTEQ ETF | 25.85K | SH | $846.6K 0.44% | 25.85K | 0.00 | 0.00 |
FIDELITY MERRIMACK STR TRSOLE | TOTAL BD ETF | 18.04K | SH | $830.3K 0.43% | 18.04K | 0.00 | 0.00 |
HERBALIFE LTDSOLE | COM SHS | 56.90K | SH | $733.4K 0.38% | 56.90K | 0.00 | 0.00 |
ISHARES TRSOLE | CORE S&P SCP ETF | 5.81K | SH | $698.0K 0.36% | 5.81K | 0.00 | 0.00 |
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