SEC 13F Intelligence

Managers / Q2 2025 · view latest →

LIBERTY WEALTH MANAGEMENT LLC

CIK 0001769302 · 411 30TH STREET, 2ND FLOOR, OAKLAND, CA, 94609 · 510-658-1880

Reported Value
$638M
Q2 2025
Positions
233
Filings on Record
31
2019–present window
Filed
Aug 1, 2025
original filing

Summary

Liberty Wealth Management LLC reported $638M in U.S.-listed holdings across 233 positions for Q2 2025.

Its largest position, DFAU, represents 5.5% of the portfolio.

Compared with Q1 2025, the fund opened 81 new positions and exited 6.

Portfolio Metrics

Turnover
+3.3%
vs prior filed quarter
Top-10 Concentration
+39.7%
share of reported value
Largest Position
+5.5%
Dimensional Etf
New / Exited
81 / 6
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
Q1 ’19: $133MQ1 ’19Q2 ’19: $114MQ3 ’19: $106MQ4 ’19: $127MQ1 ’20: $114MQ1 ’20Q2 ’20: $142MQ3 ’20: $170MQ4 ’20: $204MQ1 ’21: $205MQ1 ’21Q2 ’21: $257MQ3 ’21: $280MQ4 ’21: $2.3BQ1 ’22: $277MQ1 ’22Q2 ’22: $247MQ3 ’22: $375MQ1 ’23: $485MQ2 ’23: $405MQ2 ’23Q4 ’23: $466,425Q1 ’24: $512,387Q2 ’24: $545,520Q4 ’24: $600MQ4 ’24Q1 ’25: $523MQ2 ’25: $638MQ3 ’25: $710MQ4 ’25: $775MQ4 ’25Q1 ’26: $800Mfilingsflow.com

Portfolio Composition

By security type
ETP: 77.2%Common Stock: 22.4%REIT: 0.2%ADR: 0.1%Other: 0.1%Other: 0.0%
  • ETP · 77.2% · $492M
  • Common Stock · 22.4% · $143M
  • REIT · 0.2% · $970,630
  • ADR · 0.1% · $938,326
  • Other · 0.1% · $877,686
  • Other · 0.0% · $61,062

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD INTL EQUITY INDEX FNEW+112.8K112.8K+$8M$8M
ISHARES TRNEW+53.3K53.3K+$5M$5M
ISHARES TRNEW+35.3K35.3K+$4M$4M
IAU*ISHARES GOLD TRNEW+62.9K62.9K+$4M$4M
BLACKROCK ETF TRUSTNEW+92.2K92.2K+$3M$3M
ISHARES TRNEW+31.1K31.1K+$3M$3M
BRK/BBERKSHIRE HATHAWAY INC DELNEW+5.5K5.5K+$3M$3M
VANGUARD WORLD FDNEW+4.0K4.0K+$3M$3M

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

Holdings — Q2 2025

24 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DFAUDIMENSIONAL ETF TRUSThistory →ETF27.32%$174M4.81M
2TLHISHARES TRhistory →ETF26.41%$168M1.32M
3BLACKROCK ETF TRUSTETF4.44%$28M551.9K
4AAPLAPPLE INChistory →COM3.52%$22M109.4K
5VANGUARD INDEX FDSETF2.84%$18M52.8K
6ISHARES INCETF2.73%$17M285.1K
7NVDANVIDIA CORPORATIONhistory →COM2.40%$15M97.1K
8MSFTMICROSOFT CORPhistory →COM1.51%$10M19.4K
9VANGUARD INTL EQUITY INDEX FETF1.19%$8M112.8K
10ISRGINTUITIVE SURGICAL INCCOM0.84%$5M9.9K
11ORCLORACLE CORPCOM0.83%$5M24.2K
12AMZNAMAZON COM INCCOM0.83%$5M24.1K
13ENPHENPHASE ENERGY INCCOM0.81%$5M129.6K
14TSLATESLA INCCOM0.78%$5M15.7K
15VANGUARD BD INDEX FDSETF0.73%$5M66.5K
16VANGUARD SCOTTSDALE FDSETF0.69%$4M78.5K
17IAU*ISHARES GOLD TRETF0.61%$4M62.9K
18T ROWE PRICE ETF INCETF0.61%$4M109.9K
19WMWASTE MGMT INC DELCOM0.59%$4M16.3K
20METAMETA PLATFORMS INCCOM0.55%$4M4.8K
21AMATAPPLIED MATLS INCCOM0.54%$3M19.0K
22GOOGALPHABET INCCOM0.51%$3M18.2K
23CSCOCISCO SYS INCCOM0.48%$3M43.9K
24CHVCHEVRON CORP NEWCOM0.47%$3M20.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$800M268May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$775M249Feb 4, 202613F-HRchanges · EDGAR ↗
Q3 2025$710M250Oct 31, 202513F-HRchanges · EDGAR ↗
Q2 2025$638M233Aug 1, 202513F-HRchanges · EDGAR ↗
Q1 2025$523M158May 12, 2025RESTATEMENTchanges · EDGAR ↗
Q4 2024$600M229Feb 10, 202513F-HRchanges · EDGAR ↗
Q3 2024under review230Nov 4, 202413F-HRchanges · EDGAR ↗
Q2 2024$545,520233Aug 7, 202413F-HRchanges · EDGAR ↗
Q1 2024$512,387187May 3, 202413F-HRchanges · EDGAR ↗
Q4 2023$466,425173Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023under review174Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$405M191Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$485M230May 3, 202313F-HRchanges · EDGAR ↗
Q3 2022$375M173Nov 15, 202213F-HRchanges · EDGAR ↗
Q2 2022$247M165Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$277M175May 9, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.3B198Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$280M1,847Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$257M1,138Aug 13, 2021RESTATEMENTchanges · EDGAR ↗
Q1 2021$205M1,017May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$204M1,073Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$170M889Nov 5, 202013F-HRchanges · EDGAR ↗
Q2 2020$142M893Aug 4, 202013F-HRchanges · EDGAR ↗
Q1 2020$114M935Apr 27, 202013F-HRchanges · EDGAR ↗
Q4 2019$127M938Feb 5, 202013F-HRchanges · EDGAR ↗
Q3 2019$106M889Oct 30, 201913F-HRchanges · EDGAR ↗
Q2 2019$114M935Jul 30, 201913F-HRchanges · EDGAR ↗
Q1 2019$133M797Apr 18, 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 ↗.