Managers / Q3 2025
Kathleen S. Wright Associates Inc.
CIK 0001908433 · 61 MCMURRAY ROAD, SUITE 204, PITTSBURGH, PA, 15241 · 412-854-2100
Summary
Kathleen S. Wright Associates Inc. reported $270M in U.S.-listed holdings across 256 positions for Q3 2025.
Its largest position, Vanguard Index Fds, represents 10.7% of the portfolio.
Compared with Q2 2025, the fund opened 4 new positions and exited 13.
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 · 74.6% · $201M
- Common Stock · 24.2% · $65M
- Other · 0.7% · $2M
- ADR · 0.3% · $741,404
- REIT · 0.2% · $543,137
- Other · 0.0% · $15,389
Quarter-over-Quarter Changes full breakdown →
vs Q2 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ETF OPPORTUNITIES TRUST | NEW | +1.4K | 1.4K | +$38,150 | $38,150 |
| FIDELITY COVINGTON TRUST | NEW | +574 | 574 | +$21,393 | $21,393 |
| ISHARES TR | NEW | +22 | 22 | +$8,041 | $8,041 |
| FIDELITY COVINGTON TRUST | NEW | +126 | 126 | +$5,545 | $5,545 |
| DFACDIMENSIONAL ETF TRUST | ADDED | +12.4K | 22.4K | +$506,922 | $863,351 |
| DGEDDIAGEO PLC | ADDED | +885 | 1.7K | +$79,909 | $164,646 |
| AKXANSYS INC | SOLD OUT | −2.2K | 0 | −$772,684 | $0 |
| WDAYWORKDAY INC | SOLD OUT | −280 | 0 | −$67,200 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VUGVANGUARD INDEX FDS | &P 500 ETF SHS · ROWTH ETF · ID CAP ETF · OTAL STK MKT · MALL CP ETF · M CP VAL ETF · ALUE ETF | 24.30% | $66M | 163.5K |
| 2 | ISHARES TR | -3 MNTH TREASRY · SCI USA MIN VOL · ORE S&P500 ETF · SCI EAFE MIN VL · 3 YR TREAS BD | 9.40% | $25M | 235.3K |
| 3 | BRK/BBERKSHIRE HATHAWAY INC DELhistory → | L B NEW · CL B NEW | 9.13% | $25M | 49.0K |
| 4 | VANECK ETF TRUST | RNGSTR WDE MOAT · RNGSTR INT MOAT | 6.62% | $18M | 199.8K |
| 5 | SCHWAB STRATEGIC TR | NTL EQTY ETF · NTL SCEQT ETF · NT-TRM U.S TRES | 5.55% | $15M | 512.2K |
| 6 | WISDOMTREE TR | S SMALLCAP FUND · NTL SMCAP DIV | 3.64% | $10M | 163.4K |
| 7 | VANGUARD WHITEHALL FDS | NTL DVD ETF · IGH DIV YLD | 3.21% | $9M | 90.5K |
| 8 | DFUSUSDDIMENSIONAL ETF TRUST | S EQUITY MARKET · MERGING MKTS CO · ORLD EX US CORE · S CORE EQUITY 1 | 3.07% | $8M | 178.2K |
| 9 | AXPAMERICAN EXPRESS COhistory → | COM | 2.44% | $7M | 20.1K |
| 10 | BNBROOKFIELD CORPhistory → | L A LTD VT SH · CL A LTD VT SH | 2.07% | $6M | 81.6K |
| 11 | EA SERIES TRUST | S QUAN VALUE | 1.82% | $5M | 105.4K |
| 12 | SPDR INDEX SHS FDS | ORTFOLIO EMG MK · &P EMKTSC ETF | 1.50% | $4M | 76.3K |
| 13 | GOOGLALPHABET INC | AP STK CL A · CAP STK CL C | 1.43% | $4M | 15.8K |
| 14 | HARTFORD FDS EXCHANGE TRADED | OTAL RTRN ETF | 1.31% | $4M | 102.7K |
| 15 | VANGUARD INTL EQUITY INDEX F | TSE SMCAP ETF · T WRLD ST ETF | 1.26% | $3M | 24.2K |
| 16 | AMZNAMAZON COM INC | OM | 0.81% | $2M | 10.0K |
| 17 | J P MORGAN EXCHANGE TRADED F | LTRA SHT MUNCPL | 0.77% | $2M | 40.6K |
| 18 | VANGUARD BD INDEX FDS | OTAL BND MRKT | 0.76% | $2M | 27.7K |
| 19 | VANGUARD STAR FDS | G TL INTL STK F | 0.74% | $2M | 27.0K |
| 20 | VANGUARD ADMIRAL FDS INC | MLLCP 600 IDX | 0.73% | $2M | 17.9K |
| 21 | MKLMARKEL GROUP INC | OM | 0.70% | $2M | 990 |
| 22 | VVISA INC | OM CL A | 0.60% | $2M | 4.7K |
| 23 | VANGUARD WELLINGTON FD | HORT TRM TAX EX | 0.57% | $2M | 15.2K |
| 24 | SPDR SERIES TRUST | ORTFOLIO CRPORT | 0.55% | $1M | 50.3K |
| 25 | ADPAUTOMATIC DATA PROCESSING IN | COM | 0.52% | $1M | 4.9K |
| 26 | DAVIS FUNDAMENTAL ETF TR | ELECT US EQTY | 0.41% | $1M | 23.2K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2025 | $270M | 256 | Oct 10, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $256M | 265 | Jul 31, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $242M | 273 | May 6, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $240M | 298 | Jan 27, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $242M | 330 | Oct 11, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $218M | 257 | Jul 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $212M | 267 | Apr 17, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $197M | 294 | Feb 1, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $179M | 289 | Oct 23, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $157M | 167 | Jul 20, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $152M | 163 | Apr 21, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $148M | 206 | Feb 2, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $123M | 188 | Oct 19, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $119M | 157 | Jul 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $137M | 150 | Apr 29, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $136M | 149 | Feb 2, 2022 | 13F-HR | changes · 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 ↗.