RICHARD W. PAUL & ASSOCIATES, LLC

Filed: 11/13/2025ACC: 0001964203-25-000005

📋 What this filing means

RICHARD W. PAUL & ASSOCIATES, LLC filed this quarterly 13F‑HR report disclosing 316 equity positions with a total reported market value of $292.95M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

316

Positions

$292.95M

Total AUM (reported)

3.08M

Total Shares

Allocation by class

COM$74.42M25.4%

CORE S&P US VLU$16.47M5.6%

CORE S&P US GWT$16.39M5.6%

CORE S&P SCP ETF$12.90M4.4%

CORE US AGGBD ET$12.69M4.3%

20 YR TR BD ETF$11.11M3.8%

CORE MSCI EAFE$9.85M3.4%

Portfolio Concentration

Top 3$45.77M15.6%

4–10$65.40M22.3%

11–25$57.09M19.5%

Rest$124.69M42.6%

Top 3 weight

15.6%

Top 10 weight

37.9%

Voting Authority Distribution

Total shares with voting rights: 3.08M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

3.08M

% of voting shares100.0%

Investment Discretion (by position count)

Sole316

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings316

Rows:

ISHARES TR

SOLE

CORE S&P US VLU

Shares164.82K

TypeSH

Market value$16.47M

5.62%

Sole

0.00

Shared

0.00

None

164.82K

ISHARES TR

SOLE

CORE S&P US GWT

Shares99.60K

TypeSH

Market value$16.39M

5.59%

Sole

0.00

Shared

0.00

None

99.60K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares108.59K

TypeSH

Market value$12.90M

4.40%

Sole

0.00

Shared

0.00

None

108.59K

ISHARES TR

SOLE

CORE US AGGBD ET

Shares126.53K

TypeSH

Market value$12.69M

4.33%

Sole

0.00

Shared

0.00

None

126.53K

ISHARES TR

SOLE

20 YR TR BD ETF

Shares124.33K

TypeSH

Market value$11.11M

3.79%

Sole

0.00

Shared

0.00

None

124.33K

ISHARES TR

SOLE

CORE MSCI EAFE

Shares112.83K

TypeSH

Market value$9.85M

3.36%

Sole

0.00

Shared

0.00

None

112.83K

J P MORGAN EXCHANGE TRADED F

SOLE

INCOME ETF

Shares207.84K

TypeSH

Market value$9.65M

3.29%

Sole

0.00

Shared

0.00

None

207.84K

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 EQL WGT

Shares45.85K

TypeSH

Market value$8.70M

2.97%

Sole

0.00

Shared

0.00

None

45.85K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares12.60K

TypeSH

Market value$7.56M

2.58%

Sole

0.00

Shared

0.00

None

12.60K

PIMCO ETF TR

SOLE

MULTISECTOR BD

Shares217.96K

TypeSH

Market value$5.85M

2.00%

Sole

0.00

Shared

0.00

None

217.96K

ISHARES TR

SOLE

MSCI EAFE ETF

Shares62.58K

TypeSH

Market value$5.84M

1.99%

Sole

0.00

Shared

0.00

None

62.58K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares85.85K

TypeSH

Market value$5.66M

1.93%

Sole

0.00

Shared

0.00

None

85.85K

APPLE INC

SOLE

COM

Shares19.49K

TypeSH

Market value$4.96M

1.69%

Sole

0.00

Shared

0.00

None

19.49K

SPDR SERIES TRUST

SOLE

BLOOMBERG 1-3 MO

Shares51.87K

TypeSH

Market value$4.76M

1.62%

Sole

0.00

Shared

0.00

None

51.87K

MICROSOFT CORP

SOLE

COM

Shares9.01K

TypeSH

Market value$4.66M

1.59%

Sole

0.00

Shared

0.00

None

9.01K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares6.68K

TypeSH

Market value$4.47M

1.53%

Sole

0.00

Shared

0.00

None

6.68K

NVIDIA CORPORATION

SOLE

COM

Shares20.34K

TypeSH

Market value$3.79M

1.30%

Sole

0.00

Shared

0.00

None

20.34K

ISHARES TR

SOLE

EAFE SML CP ETF

Shares44.44K

TypeSH

Market value$3.41M

1.16%

Sole

0.00

Shared

0.00

None

44.44K

ISHARES TR

SOLE

CORE TOTAL USD

Shares72.53K

TypeSH

Market value$3.39M

1.16%

Sole

0.00

Shared

0.00

None

72.53K

ISHARES TR

SOLE

MSCI EMG MKT ETF

Shares62.22K

TypeSH

Market value$3.32M

1.13%

Sole

0.00

Shared

0.00

None

62.22K

ISHARES TR

SOLE

CORE S&P MCP ETF

Shares47.96K

TypeSH

Market value$3.13M

1.07%

Sole

0.00

Shared

0.00

None

47.96K

FIDELITY ETHEREUM FD

SOLE

SHS

Shares61.32K

TypeSH

Market value$2.55M

0.87%

Sole

0.00

Shared

0.00

None

61.32K

ALPHABET INC

SOLE

CAP STK CL C

Shares10.25K

TypeSH

Market value$2.50M

0.85%

Sole

0.00

Shared

0.00

None

10.25K

J P MORGAN EXCHANGE TRADED F

SOLE

NASDAQ EQT PREM

Shares40.67K

TypeSH

Market value$2.34M

0.80%

Sole

0.00

Shared

0.00

None

40.67K

ALIBABA GROUP HLDG LTD

SOLE

SPONSORED ADS

Shares12.87K

TypeSH

Market value$2.30M

0.79%

Sole

0.00

Shared

0.00

None

12.87K

Issuer	Class	Shares	Type	Value / Portfolio %	None
ISHARES TRSOLE	CORE S&P US VLU	164.82K	SH	$16.47M 5.62%	164.82K
ISHARES TRSOLE	CORE S&P US GWT	99.60K	SH	$16.39M 5.59%	99.60K
ISHARES TRSOLE	CORE S&P SCP ETF	108.59K	SH	$12.90M 4.40%	108.59K
ISHARES TRSOLE	CORE US AGGBD ET	126.53K	SH	$12.69M 4.33%	126.53K
ISHARES TRSOLE	20 YR TR BD ETF	124.33K	SH	$11.11M 3.79%	124.33K
ISHARES TRSOLE	CORE MSCI EAFE	112.83K	SH	$9.85M 3.36%	112.83K
J P MORGAN EXCHANGE TRADED FSOLE	INCOME ETF	207.84K	SH	$9.65M 3.29%	207.84K
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 EQL WGT	45.85K	SH	$8.70M 2.97%	45.85K
INVESCO QQQ TRSOLE	UNIT SER 1	12.60K	SH	$7.56M 2.58%	12.60K
PIMCO ETF TRSOLE	MULTISECTOR BD	217.96K	SH	$5.85M 2.00%	217.96K
ISHARES TRSOLE	MSCI EAFE ETF	62.58K	SH	$5.84M 1.99%	62.58K
ISHARES INCSOLE	CORE MSCI EMKT	85.85K	SH	$5.66M 1.93%	85.85K
APPLE INCSOLE	COM	19.49K	SH	$4.96M 1.69%	19.49K
SPDR SERIES TRUSTSOLE	BLOOMBERG 1-3 MO	51.87K	SH	$4.76M 1.62%	51.87K
MICROSOFT CORPSOLE	COM	9.01K	SH	$4.66M 1.59%	9.01K
ISHARES TRSOLE	CORE S&P500 ETF	6.68K	SH	$4.47M 1.53%	6.68K
NVIDIA CORPORATIONSOLE	COM	20.34K	SH	$3.79M 1.30%	20.34K
ISHARES TRSOLE	EAFE SML CP ETF	44.44K	SH	$3.41M 1.16%	44.44K
ISHARES TRSOLE	CORE TOTAL USD	72.53K	SH	$3.39M 1.16%	72.53K
ISHARES TRSOLE	MSCI EMG MKT ETF	62.22K	SH	$3.32M 1.13%	62.22K
ISHARES TRSOLE	CORE S&P MCP ETF	47.96K	SH	$3.13M 1.07%	47.96K
FIDELITY ETHEREUM FDSOLE	SHS	61.32K	SH	$2.55M 0.87%	61.32K
ALPHABET INCSOLE	CAP STK CL C	10.25K	SH	$2.50M 0.85%	10.25K
J P MORGAN EXCHANGE TRADED FSOLE	NASDAQ EQT PREM	40.67K	SH	$2.34M 0.80%	40.67K
ALIBABA GROUP HLDG LTDSOLE	SPONSORED ADS	12.87K	SH	$2.30M 0.79%	12.87K

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