SCS CAPITAL MANAGEMENT LLC

Filed: 2/10/2026ACC: 0001303159-26-000001

📋 What this filing means

SCS CAPITAL MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 493 equity positions with a total reported market value of $9.44B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

493

Positions

$9.44B

Total AUM (reported)

116.43M

Total Shares

Allocation by class

COM$1.10B11.6%

INTER TERM TREAS$1.00B10.6%

TOTAL STK MKT$851.43M9.0%

RUSSELL 3000 ETF$725.27M7.7%

VAN FTSE DEV MKT$592.82M6.3%

TR UNIT$481.21M5.1%

STATE STREET SPD$449.94M4.8%

Portfolio Concentration

Top 3$2.58B27.3%

4–10$2.40B25.5%

11–25$1.73B18.3%

Rest$2.72B28.9%

Top 3 weight

27.3%

Top 10 weight

52.8%

Voting Authority Distribution

Total shares with voting rights: 116.43M

Sole

Full voting authority

82.09M

% of voting shares70.5%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

34.34M

% of voting shares29.5%

Investment Discretion (by position count)

Sole493

Shared0

Other0

Dominant voting typeSole · 70.5% of voting shares

Institutional Holdings493

Rows:

VANGUARD SCOTTSDALE FDS

SOLE

INTER TERM TREAS

Shares16.72M

TypeSH

Market value$1.00B

10.62%

Sole

15.42M

Shared

0.00

None

1.30M

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares2.54M

TypeSH

Market value$851.43M

9.02%

Sole

2.18M

Shared

0.00

None

360.41K

ISHARES TR

SOLE

RUSSELL 3000 ETF

Shares1.87M

TypeSH

Market value$725.27M

7.68%

Sole

1.81M

Shared

0.00

None

67.09K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares9.49M

TypeSH

Market value$592.82M

6.28%

Sole

6.82M

Shared

0.00

None

2.67M

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares704.59K

TypeSH

Market value$481.21M

5.10%

Sole

285.88K

Shared

0.00

None

418.71K

SCHWAB STRATEGIC TR

SOLE

US BRD MKT ETF

Shares11.91M

TypeSH

Market value$312.38M

3.31%

Sole

11.25M

Shared

0.00

None

661.84K

SCHWAB STRATEGIC TR

SOLE

INTL EQTY ETF

Shares12.53M

TypeSH

Market value$301.17M

3.19%

Sole

10.05M

Shared

0.00

None

2.48M

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares462.70K

TypeSH

Market value$290.17M

3.07%

Sole

59.75K

Shared

0.00

None

402.95K

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares1.51M

TypeSH

Market value$216.03M

2.29%

Sole

369.00

Shared

0.00

None

1.50M

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares2.63M

TypeSH

Market value$210.82M

2.23%

Sole

2.52M

Shared

0.00

None

107.56K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares1.04M

TypeSH

Market value$199.18M

2.11%

Sole

911.19K

Shared

0.00

None

131.68K

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares1.85M

TypeSH

Market value$196.93M

2.09%

Sole

1.57M

Shared

0.00

None

277.38K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares3.57M

TypeSH

Market value$192.08M

2.04%

Sole

2.14M

Shared

0.00

None

1.44M

ISHARES TR

SOLE

MSCI USA QLT FCT

Shares837.39K

TypeSH

Market value$166.32M

1.76%

Sole

820.30K

Shared

0.00

None

17.09K

ISHARES TR

SOLE

CORE MSCI EAFE

Shares1.70M

TypeSH

Market value$151.88M

1.61%

Sole

256.77K

Shared

0.00

None

1.44M

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 EQL WGT

Shares596.71K

TypeSH

Market value$114.30M

1.21%

Sole

589.11K

Shared

0.00

None

7.59K

VANGUARD INTL EQUITY INDEX F

SOLE

TT WRLD ST ETF

Shares734.75K

TypeSH

Market value$103.64M

1.10%

Sole

580.68K

Shared

0.00

None

154.07K

VANGUARD INSTL INDEX FD

SOLE

0-3 MO TREAS BIL

Shares1.37M

TypeSH

Market value$103.39M

1.10%

Sole

0.00

Shared

0.00

None

1.37M

VANGUARD MUN BD FDS

SOLE

TAX EXEMPT BD

Shares1.95M

TypeSH

Market value$97.86M

1.04%

Sole

1.93M

Shared

0.00

None

15.18K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares118.38K

TypeSH

Market value$81.09M

0.86%

Sole

22.59K

Shared

0.00

None

95.79K

VANGUARD SCOTTSDALE FDS

SOLE

VNG RUS1000GRW

Shares621.42K

TypeSH

Market value$75.66M

0.80%

Sole

0.00

Shared

0.00

None

621.42K

VANGUARD WHITEHALL FDS

SOLE

INTL DVD ETF

Shares719.75K

TypeSH

Market value$65.82M

0.70%

Sole

0.00

Shared

0.00

None

719.75K

XPEL INC

SOLE

COM

Shares1.24M

TypeSH

Market value$61.97M

0.66%

Sole

0.00

Shared

0.00

None

1.24M

ISHARES TR

SOLE

CORE US AGGBD ET

Shares613.11K

TypeSH

Market value$61.24M

0.65%

Sole

504.70K

Shared

0.00

None

108.42K

ALNYLAM PHARMACEUTICALS INC

SOLE

COM

Shares149.61K

TypeSH

Market value$59.49M

0.63%

Sole

149.61K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD SCOTTSDALE FDSSOLE	INTER TERM TREAS	16.72M	SH	$1.00B 10.62%	15.42M	1.30M
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	2.54M	SH	$851.43M 9.02%	2.18M	360.41K
ISHARES TRSOLE	RUSSELL 3000 ETF	1.87M	SH	$725.27M 7.68%	1.81M	67.09K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	9.49M	SH	$592.82M 6.28%	6.82M	2.67M
SPDR S&P 500 ETF TRSOLE	TR UNIT	704.59K	SH	$481.21M 5.10%	285.88K	418.71K
SCHWAB STRATEGIC TRSOLE	US BRD MKT ETF	11.91M	SH	$312.38M 3.31%	11.25M	661.84K
SCHWAB STRATEGIC TRSOLE	INTL EQTY ETF	12.53M	SH	$301.17M 3.19%	10.05M	2.48M
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	462.70K	SH	$290.17M 3.07%	59.75K	402.95K
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	1.51M	SH	$216.03M 2.29%	369.00	1.50M
SPDR SERIES TRUSTSOLE	STATE STREET SPD	2.63M	SH	$210.82M 2.23%	2.52M	107.56K
VANGUARD INDEX FDSSOLE	VALUE ETF	1.04M	SH	$199.18M 2.11%	911.19K	131.68K
SPDR SERIES TRUSTSOLE	STATE STREET SPD	1.85M	SH	$196.93M 2.09%	1.57M	277.38K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	3.57M	SH	$192.08M 2.04%	2.14M	1.44M
ISHARES TRSOLE	MSCI USA QLT FCT	837.39K	SH	$166.32M 1.76%	820.30K	17.09K
ISHARES TRSOLE	CORE MSCI EAFE	1.70M	SH	$151.88M 1.61%	256.77K	1.44M
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 EQL WGT	596.71K	SH	$114.30M 1.21%	589.11K	7.59K
VANGUARD INTL EQUITY INDEX FSOLE	TT WRLD ST ETF	734.75K	SH	$103.64M 1.10%	580.68K	154.07K
VANGUARD INSTL INDEX FDSOLE	0-3 MO TREAS BIL	1.37M	SH	$103.39M 1.10%	0.00	1.37M
VANGUARD MUN BD FDSSOLE	TAX EXEMPT BD	1.95M	SH	$97.86M 1.04%	1.93M	15.18K
ISHARES TRSOLE	CORE S&P500 ETF	118.38K	SH	$81.09M 0.86%	22.59K	95.79K
VANGUARD SCOTTSDALE FDSSOLE	VNG RUS1000GRW	621.42K	SH	$75.66M 0.80%	0.00	621.42K
VANGUARD WHITEHALL FDSSOLE	INTL DVD ETF	719.75K	SH	$65.82M 0.70%	0.00	719.75K
XPEL INCSOLE	COM	1.24M	SH	$61.97M 0.66%	0.00	1.24M
ISHARES TRSOLE	CORE US AGGBD ET	613.11K	SH	$61.24M 0.65%	504.70K	108.42K
ALNYLAM PHARMACEUTICALS INCSOLE	COM	149.61K	SH	$59.49M 0.63%	149.61K	0.00

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