Filed: 10/21/2025ACC: 0001172661-25-004338
📋 What this filing means
STEPHENSON & COMPANY, INC. filed this quarterly 13F‑HR report disclosing 43 equity positions with a total reported market value of $174.11M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
43
Positions
$174.11M
Total AUM (reported)
1.46M
Total Shares
Allocation by class
CL B NEW$25.59M14.7%
S&P500 EQL WGT$24.49M14.1%
CORE S&P500 ETF$24.06M13.8%
VAN FTSE DEV MKT$23.54M13.5%
SHORT TRM BOND$16.85M9.7%
INTERMED TERM$10.73M6.2%
CORE S&P SCP ETF$6.71M3.9%
Portfolio Concentration
Top 3$74.14M42.6%
4–10$74.81M43.0%
11–25$20.68M11.9%
Rest$4.48M2.6%
Top 3 weight
42.6%
Top 10 weight
85.6%
Voting Authority Distribution
Total shares with voting rights: 1.46M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
1.46M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole43
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings43
Rows:
BERKSHIRE HATHAWAY INC DEL
SOLEShares50.90K
TypeSH
Market value$25.59M
14.70%
Sole
0.00
Shared
0.00
None
50.90K
INVESCO EXCHANGE TRADED FD T
SOLEShares129.11K
TypeSH
Market value$24.49M
14.07%
Sole
0.00
Shared
0.00
None
129.11K
ISHARES TR
SOLEShares35.95K
TypeSH
Market value$24.06M
13.82%
Sole
0.00
Shared
0.00
None
35.95K
VANGUARD TAX-MANAGED FDS
SOLEShares392.94K
TypeSH
Market value$23.54M
13.52%
Sole
0.00
Shared
0.00
None
392.94K
VANGUARD BD INDEX FDS
SOLEShares213.56K
TypeSH
Market value$16.85M
9.68%
Sole
0.00
Shared
0.00
None
213.56K
VANGUARD BD INDEX FDS
SOLEShares137.38K
TypeSH
Market value$10.73M
6.16%
Sole
0.00
Shared
0.00
None
137.38K
ISHARES TR
SOLEShares56.48K
TypeSH
Market value$6.71M
3.85%
Sole
0.00
Shared
0.00
None
56.48K
ISHARES TR
SOLEShares101.14K
TypeSH
Market value$6.60M
3.79%
Sole
0.00
Shared
0.00
None
101.14K
VANGUARD INTL EQUITY INDEX F
SOLEShares113.98K
TypeSH
Market value$6.18M
3.55%
Sole
0.00
Shared
0.00
None
113.98K
SPDR S&P 500 ETF TR
SOLEShares6.31K
TypeSH
Market value$4.20M
2.41%
Sole
0.00
Shared
0.00
None
6.31K
ISHARES TR
SOLEShares35.65K
TypeSH
Market value$3.97M
2.28%
Sole
0.00
Shared
0.00
None
35.65K
ISHARES TR
SOLEShares24.71K
TypeSH
Market value$2.63M
1.51%
Sole
0.00
Shared
0.00
None
24.71K
APPLE INC
SOLEShares7.67K
TypeSH
Market value$1.95M
1.12%
Sole
0.00
Shared
0.00
None
7.67K
ISHARES TR
SOLEShares13.20K
TypeSH
Market value$1.92M
1.10%
Sole
0.00
Shared
0.00
None
13.20K
SPDR SERIES TRUST
SOLEShares19.57K
TypeSH
Market value$1.92M
1.10%
Sole
0.00
Shared
0.00
None
19.57K
ISHARES TR
SOLEShares19.37K
TypeSH
Market value$1.84M
1.06%
Sole
0.00
Shared
0.00
None
19.37K
BERKSHIRE HATHAWAY INC DEL
SOLEShares2.00
TypeSH
Market value$1.51M
0.87%
Sole
0.00
Shared
0.00
None
2.00
ISHARES TR
SOLEShares5.42K
TypeSH
Market value$1.31M
0.75%
Sole
0.00
Shared
0.00
None
5.42K
ISHARES TR
SOLEShares10.26K
TypeSH
Market value$957.7K
0.55%
Sole
0.00
Shared
0.00
None
10.26K
GRAYSCALE BITCOIN TRUST ETF
SOLEShares6.40K
TypeSH
Market value$574.5K
0.33%
Sole
0.00
Shared
0.00
None
6.40K
ARISTA NETWORKS INC
SOLEShares3.69K
TypeSH
Market value$537.1K
0.31%
Sole
0.00
Shared
0.00
None
3.69K
BANK NEW YORK MELLON CORP
SOLEShares4.02K
TypeSH
Market value$438.0K
0.25%
Sole
0.00
Shared
0.00
None
4.02K
SPDR GOLD TR
SOLEShares1.09K
TypeSH
Market value$388.9K
0.22%
Sole
0.00
Shared
0.00
None
1.09K
ISHARES TR
SOLEShares3.92K
TypeSH
Market value$364.3K
0.21%
Sole
0.00
Shared
0.00
None
3.92K
ISHARES TR
SOLEShares6.79K
TypeSH
Market value$362.8K
0.21%
Sole
0.00
Shared
0.00
None
6.79K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 50.90K | SH | $25.59M 14.70% | 0.00 | 0.00 | 50.90K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 129.11K | SH | $24.49M 14.07% | 0.00 | 0.00 | 129.11K |
ISHARES TRSOLE | CORE S&P500 ETF | 35.95K | SH | $24.06M 13.82% | 0.00 | 0.00 | 35.95K |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 392.94K | SH | $23.54M 13.52% | 0.00 | 0.00 | 392.94K |
VANGUARD BD INDEX FDSSOLE | SHORT TRM BOND | 213.56K | SH | $16.85M 9.68% | 0.00 | 0.00 | 213.56K |
VANGUARD BD INDEX FDSSOLE | INTERMED TERM | 137.38K | SH | $10.73M 6.16% | 0.00 | 0.00 | 137.38K |
ISHARES TRSOLE | CORE S&P SCP ETF | 56.48K | SH | $6.71M 3.85% | 0.00 | 0.00 | 56.48K |
ISHARES TRSOLE | CORE S&P MCP ETF | 101.14K | SH | $6.60M 3.79% | 0.00 | 0.00 | 101.14K |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE EMR MKT ETF | 113.98K | SH | $6.18M 3.55% | 0.00 | 0.00 | 113.98K |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 6.31K | SH | $4.20M 2.41% | 0.00 | 0.00 | 6.31K |
ISHARES TRSOLE | TIPS BD ETF | 35.65K | SH | $3.97M 2.28% | 0.00 | 0.00 | 35.65K |
ISHARES TRSOLE | NATIONAL MUN ETF | 24.71K | SH | $2.63M 1.51% | 0.00 | 0.00 | 24.71K |
APPLE INCSOLE | COM | 7.67K | SH | $1.95M 1.12% | 0.00 | 0.00 | 7.67K |
ISHARES TRSOLE | CORE S&P TTL STK | 13.20K | SH | $1.92M 1.10% | 0.00 | 0.00 | 13.20K |
SPDR SERIES TRUSTSOLE | BLOOMBERG HIGH Y | 19.57K | SH | $1.92M 1.10% | 0.00 | 0.00 | 19.57K |
ISHARES TRSOLE | JPMORGAN USD EMG | 19.37K | SH | $1.84M 1.06% | 0.00 | 0.00 | 19.37K |
BERKSHIRE HATHAWAY INC DELSOLE | CL A | 2.00 | SH | $1.51M 0.87% | 0.00 | 0.00 | 2.00 |
ISHARES TRSOLE | RUSSELL 2000 ETF | 5.42K | SH | $1.31M 0.75% | 0.00 | 0.00 | 5.42K |
ISHARES TRSOLE | MSCI EAFE ETF | 10.26K | SH | $957.7K 0.55% | 0.00 | 0.00 | 10.26K |
GRAYSCALE BITCOIN TRUST ETFSOLE | SHS REP COM UT | 6.40K | SH | $574.5K 0.33% | 0.00 | 0.00 | 6.40K |
ARISTA NETWORKS INCSOLE | COM SHS | 3.69K | SH | $537.1K 0.31% | 0.00 | 0.00 | 3.69K |
BANK NEW YORK MELLON CORPSOLE | COM | 4.02K | SH | $438.0K 0.25% | 0.00 | 0.00 | 4.02K |
SPDR GOLD TRSOLE | GOLD SHS | 1.09K | SH | $388.9K 0.22% | 0.00 | 0.00 | 1.09K |
ISHARES TRSOLE | ESG AW MSCI EAFE | 3.92K | SH | $364.3K 0.21% | 0.00 | 0.00 | 3.92K |
ISHARES TRSOLE | MSCI EMG MKT ETF | 6.79K | SH | $362.8K 0.21% | 0.00 | 0.00 | 6.79K |
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