Managers / Q4 2025 · view latest →
Mason & Associates, LLC
CIK 0001895045 · 2 BAYPORT WAY, SUITE 110, NEWPORT NEWS, VA, 23606 · 757-223-9898
Summary
Mason & Associates, LLC reported $440M in U.S.-listed holdings across 39 positions for Q4 2025.
The portfolio is heavily concentrated: Vanguard Index Fds alone accounts for 30.5% of reported value.
Compared with Q3 2025, the fund opened 2 new positions and exited 4.
Portfolio Metrics
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
Portfolio Composition
- ETP · 98.6% · $434M
- Common Stock · 1.4% · $6M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| AMERICAN CENTY ETF TR | NEW | +139.0K | 139.0K | +$11M | $11M |
| TFCTRUIST FINL CORP | NEW | +10.1K | 10.1K | +$499,088 | $499,088 |
| ISHARES TR | SOLD OUT | −8.3K | 0 | −$380,797 | $0 |
| VANGUARD INTL EQUITY INDEX F | SOLD OUT | −2.1K | 0 | −$267,964 | $0 |
| ISHARES TR | SOLD OUT | −3.4K | 0 | −$210,631 | $0 |
| ISHARES TR | SOLD OUT | −959 | 0 | −$206,943 | $0 |
| PIMCO ETF TR | ADDED | +157.8K | 963.8K | +$4M | $26M |
| ISHARES TR | TRIMMED | −326 | 1.5K | −$62,013 | $565,575 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VUGVANGUARD INDEX FDS | LARGE CAP ETF · MID CAP ETF · SMALL CP ETF · TOTAL STK MKT · GROWTH ETF · VALUE ETF · S&P 500 ETF SHS | 38.75% | $170M | 555.5K |
| 2 | ISHARES TR | CORE UNIVRSL USD · CORE INTL AGGR · S&P 500 GRWT ETF · CORE S&P500 ETF · RUS TOP 200 ETF · RUS TP200 GR ETF · S&P 500 VAL ETF · RUS MID CAP ETF · RUSSELL 3000 ETF · RUS MD CP GR ETF | 37.71% | $166M | 3.27M |
| 3 | PIMCO ETF TR | MULTISECTOR BD · MUNI INCOME OPP | 6.28% | $28M | 1.01M |
| 4 | SPDR INDEX SHS FDS | PORTFOLIO DEVLPD · PORTFOLIO EMG MK | 5.39% | $24M | 527.4K |
| 5 | BLACKROCK ETF TRUST | ISHARES US EQUIT | 5.32% | $23M | 384.5K |
| 6 | AMERICAN CENTY ETF TR | INTL EQT ETF | 2.60% | $11M | 139.0K |
| 7 | SPDR S&P 500 ETF TR | TR UNIT | 0.86% | $4M | 5.6K |
| 8 | VANGUARD MUN BD FDS | TAX EXEMPT BD | 0.80% | $4M | 69.7K |
| 9 | SCHWAB STRATEGIC TR | US BRD MKT ETF · US LRG CAP ETF | 0.74% | $3M | 122.7K |
| 10 | AAPLAPPLE INC | COM | 0.46% | $2M | 7.4K |
| 11 | DDOMINION ENERGY INC | COM | 0.27% | $1M | 20.2K |
| 12 | VANGUARD WORLD FD | MEGA CAP INDEX · MEGA GRWTH IND | 0.19% | $830,141 | 2.8K |
| 13 | CSXCSX CORP | COM | 0.14% | $598,886 | 16.5K |
| 14 | TFCTRUIST FINL CORP | COM | 0.11% | $499,088 | 10.1K |
| 15 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.09% | $379,501 | 755 |
| 16 | DUKDUKE ENERGY CORP NEW | COM NEW | 0.07% | $313,185 | 2.7K |
| 17 | IBMINTERNATIONAL BUSINESS MACHS | COM | 0.06% | $276,068 | 932 |
| 18 | UPSUNITED PARCEL SERVICE INC | CL B | 0.06% | $266,821 | 2.7K |
| 19 | JPMJPMORGAN CHASE & CO. | COM | 0.05% | $239,732 | 744 |
| 20 | MSFTMICROSOFT CORP | COM | 0.05% | $219,080 | 453 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $437M | 44 | Apr 22, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $440M | 39 | Jan 21, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $398M | 41 | Nov 4, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $398M | 41 | Jul 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $347M | 39 | Apr 11, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $335M | 39 | Jan 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $327M | 37 | Oct 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $305M | 36 | Jul 16, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $131M | 80 | Apr 26, 2024 | 13F-HR | changes · EDGAR ↗ |
Other Included Managers
This filing reports holdings on behalf of 1 additional manager.
- GeoWealth Management, LLC028-16841
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 ↗.