SEC 13F Intelligence

Managers / Q1 2025 · view latest →

GOULD ASSET MANAGEMENT LLC /CA/

CIK 0001091961 · 341 WEST FIRST STREET, SUITE 200, CLAREMONT, CA, 91711 · (909) 445-1291

Reported Value
$485M
Q1 2025
Positions
161
Filings on Record
32
2019–present window
Filed
May 1, 2025
original filing

Summary

Gould Asset Management LLC /Ca/ reported $485M in U.S.-listed holdings across 161 positions for Q1 2025.

The portfolio is heavily concentrated: S P 500 Depository Receipt alone accounts for 28.1% of reported value.

Compared with Q4 2024, the fund opened 6 new positions and exited 9.

Portfolio Metrics

Turnover
+4.0%
vs prior filed quarter
Top-10 Concentration
+62.9%
share of reported value
Largest Position
+28.1%
S P 500 Depository Receipt
New / Exited
6 / 9
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $241MQ4 ’18Q1 ’19: $267MQ2 ’19: $277MQ3 ’19: $283MQ4 ’19: $301MQ4 ’19Q1 ’20: $262MQ2 ’20: $285MQ3 ’20: $296MQ4 ’20: $328MQ4 ’20Q1 ’21: $328MQ2 ’21: $351MQ3 ’21: $324MQ4 ’21: $357MQ4 ’21Q1 ’22: $349MQ2 ’22: $311MQ3 ’22: $295MQ4 ’22: $333MQ4 ’22Q1 ’23: $351MQ2 ’23: $358MQ3 ’23: $354MQ4 ’23: $387MQ4 ’23Q1 ’24: $413MQ2 ’24: $434MQ3 ’24: $467MQ4 ’24: $475MQ4 ’24Q1 ’25: $485MQ2 ’25: $511MQ3 ’25: $539MQ4 ’25: $564MQ4 ’25Q1 ’26: $576Mfilingsflow.com

Portfolio Composition

By security type
ETP: 89.6%Common Stock: 8.8%Other: 0.9%MLP: 0.3%ADR: 0.2%Other: 0.2%
  • ETP · 89.6% · $434M
  • Common Stock · 8.8% · $43M
  • Other · 0.9% · $4M
  • MLP · 0.3% · $2M
  • ADR · 0.2% · $1M
  • Other · 0.2% · $926,513

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD MORTGAGE BACKED SECNEW+54.7K54.7K+$3M$3M
BLKBLACKROCK INCNEW+222222+$210,119$210,119
MARKET VECTORS AGRIBUSINESS ENEW+3.0K3.0K+$204,485$204,485
CTVACORTEVA INCNEW+3.2K3.2K+$203,578$203,578
DUKDUKE ENERGY CORP NEW COMNEW+1.7K1.7K+$203,202$203,202
IOVAIOVANCE BIOTHERAPEUTICS INCNEW+11.7K11.7K+$39,078$39,078
ISHARES TR GOLDMAN SACHS CORSOLD OUT−8.9K0−$954,615$0
FIDELITY TOTAL BOND ETFSOLD OUT−11.2K0−$500,749$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2025

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1S&P 500 DEPOSITORY RECEIPTTR UNIT28.08%$136M243.5K
2ISHARES 0-5 YEAR TIPS BOND ET0-5 YR TIPS ETF6.67%$32M312.7K
3VGSHVANGUARD SHORT TERM TREASURYhistory →SHORT TERM TREAS6.21%$30M513.3K
4ISHARES BARCLAYS 20 YEAR TRE20 YR TR BD ETF4.72%$23M251.5K
5VANGUARD SHORT-TERM CORPORATESHRT TRM CORP BD3.37%$16M206.8K
6SPDR GOLD MINISHARES TRUSTSPDR GLD MINIS3.21%$16M251.6K
7INVESCO TAXABLE MUNICIPAL BONTAXABLE MUN BD3.08%$15M559.9K
8VANGUARD REIT INDEX ETFREAL ESTATE ETF2.81%$14M150.6K
9ISHARES S&P 500 INDEX ETFCORE S&P500 ETF2.73%$13M23.5K
10VANGUARD FTSE DEVELOPED MARKEVAN FTSE DEV MKT2.04%$10M194.6K
11PIMCOTOTAL RETURN ETFACTIVE BD ETF1.95%$9M102.2K
12AAPLAPPLE COMPUTER INC.history →COM1.79%$9M39.2K
13SPDR S&P 500 FOSSIL FUEL RESESPDR S&P 500 ETF1.67%$8M177.1K
14WISDOMTREE EMMKTS EX-STT-OWNDEM EX ST-OWNED1.49%$7M234.7K
15VANGUARD EXTENDED MARKET INDEEXTEND MKT ETF1.36%$7M38.4K
16ISHARES IBONDS TERM TREASURYIBONDS 25 TRM TS · IBONDS 27 TRM TS · IBONDS 26 TRM TS1.25%$6M264.2K
17VANGUARD ST TIPS BOND FDSTRM INFPROIDX1.24%$6M120.4K
18DFAXDIMENSIONAL WORLD EX US COREhistory →WORLD EX US CORE1.01%$5M187.7K
19ISHARES BARCLAYS SHORT TREASUSHORT TREAS BD0.91%$4M39.7K
20ISHARES MSCI EAFE INDEX ETFMSCI EAFE ETF0.80%$4M47.5K
21VANGUARD ESG US STOCK ETFESG US STK ETF0.76%$4M37.5K
22MDYSPDR S&P MID CAP 400 ETFUTSER1 S&PDCRP0.72%$3M6.6K
23IAU*ISHARES GOLD TRUSTISHARES NEW0.63%$3M52.1K
24VANGUARD TOTAL BOND MARKET ETTOTAL BND MRKT0.60%$3M39.9K
25MSFTMICROSOFT CORPORATIONCOM0.59%$3M7.7K
26ISHARES CALIFORNIA MUNI BONDCALIF MUN BD ETF0.57%$3M48.9K
27ESGDISHARES ESG AWARE MSCI EAFE EESG AW MSCI EAFE0.54%$3M31.8K
28VANGUARD LONG-TERM TREASURY ILONG TERM TREAS0.53%$3M44.5K
29VANGUARD MORTGAGE BACKED SECMTG-BKD SECS ETF0.52%$3M54.7K
30SPDR PORTFOLIO SHORT TERM CORPORTFOLIO SHORT0.50%$2M80.0K
31GQ9SPDR GOLD TRUST ETFGOLD SHS0.42%$2M7.0K
32ISHARES TR INTL SEL DIV ETFINTL SEL DIV ETF0.41%$2M64.5K
33ISHARES ESG ADVANCED MSCI USAESG MSCI USA ETF0.41%$2M42.7K
34VANGUARD ESG INTERNATIONAL STESG INTL STK ETF0.40%$2M33.1K
35ISHARES MSCI ACWI LOW CARBONMSCI LW CRB TG0.39%$2M10.0K
36COSTCOSTCO WHOLESALE CORP.COM0.36%$2M1.9K
37ISHARES ESG SCREENED S&P 500ESG SELECT SCRE0.34%$2M39.0K
38ISHARES MSCI USA ESG SELECT EMSCI USA ESG SLC0.32%$2M13.3K
39WMTWAL-MART STORES INCCOM0.31%$1M16.9K
40JPMJP MORGAN CHASE & CO.COM0.30%$1M6.0K
41ISHARES ESG AWARE MSCI USA ETESG AWR MSCI USA0.30%$1M11.9K
42ISHARES ESG ADVANCED MSCI EAFESG EAFE ETF0.27%$1M19.4K
43ISHARES IBONDS DEC 2027 TERMIBONDS 27 ETF0.26%$1M52.8K
44ISHARES ESG SCREENED S&P MID-ESG SELECT SCRE0.26%$1M32.5K
45ISHARES IBONDS DEC 2026 TERMIBONDS DEC20260.26%$1M52.1K
46IBDQISHARES IBONDS DEC 2025 TERMIBONDS DEC25 ETF0.26%$1M49.8K
47VANGUARD INTL EQUITY INDEXALLWRLD EX US0.26%$1M20.5K
48TRGPTARGA RESOURCES CORPCOM0.26%$1M6.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$576M171May 6, 202613F-HRchanges · EDGAR ↗
Q4 2025$564M168Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$539M170Oct 28, 202513F-HRchanges · EDGAR ↗
Q2 2025$511M166Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$485M161May 1, 202513F-HRchanges · EDGAR ↗
Q4 2024$475M164Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$467M164Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$434M164Aug 5, 202413F-HRchanges · EDGAR ↗
Q1 2024$413M163May 3, 202413F-HRchanges · EDGAR ↗
Q4 2023$387M157Feb 2, 202413F-HRchanges · EDGAR ↗
Q3 2023$354M150Oct 24, 202313F-HRchanges · EDGAR ↗
Q2 2023$358M150Aug 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$351M153May 2, 202313F-HRchanges · EDGAR ↗
Q4 2022$333M157Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$295M131Nov 16, 2022RESTATEMENTchanges · EDGAR ↗
Q2 2022$311M142Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$349M144May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$357M141Feb 2, 202213F-HRchanges · EDGAR ↗
Q3 2021$324M136Nov 9, 202113F-HRchanges · EDGAR ↗
Q2 2021$351M152Aug 5, 202113F-HRchanges · EDGAR ↗
Q1 2021$328M154May 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$328M144Feb 2, 202113F-HRchanges · EDGAR ↗
Q3 2020$296M135Nov 5, 202013F-HRchanges · EDGAR ↗
Q2 2020$285M133Aug 5, 202013F-HRchanges · EDGAR ↗
Q1 2020$262M125Apr 23, 202013F-HRchanges · EDGAR ↗
Q4 2019$301M146Jan 17, 202013F-HRchanges · EDGAR ↗
Q3 2019$283M142Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$277M143Jul 31, 201913F-HRchanges · EDGAR ↗
Q1 2019$267M136May 7, 201913F-HRchanges · EDGAR ↗
Q4 2018$241M127Feb 4, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.