Managers / Q1 2026
Financial Alternatives, Inc
CIK 0001967227 · 7825 FAY AVENUE, SUITE 245, LA JOLLA, CA, 92037 · 858-459-8289
Summary
Financial Alternatives, Inc reported $185M in U.S.-listed holdings across 79 positions for Q1 2026.
Its largest position, DFAC, represents 17.5% of the portfolio.
Compared with Q4 2025, the fund opened 0 new positions and exited 8.
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 · 90.2% · $167M
- Common Stock · 8.5% · $16M
- Closed-End Fund · 1.3% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| GSBDGOLDMAN SACHS BDC INC | SOLD OUT | −47.0K | 0 | −$435,993 | $0 |
| ESGEISHARES INC | SOLD OUT | −5.2K | 0 | −$228,448 | $0 |
| MSFTMICROSOFT CORP | SOLD OUT | −464 | 0 | −$224,400 | $0 |
| GOOGALPHABET INC | SOLD OUT | −703 | 0 | −$220,602 | $0 |
| IBMINTERNATIONAL BUSINESS MACHS | SOLD OUT | −700 | 0 | −$207,347 | $0 |
| VANGUARD INDEX FDS | SOLD OUT | −326 | 0 | −$204,563 | $0 |
| J P MORGAN EXCHANGE TRADED F | SOLD OUT | −4.0K | 0 | −$202,360 | $0 |
| CGBDCARLYLE SECURED LENDING INC | SOLD OUT | −11.9K | 0 | −$149,006 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | DFACDIMENSIONAL ETF TRUST | US CORE EQUITY 2 · INTL CORE EQT MK · EMGR CRE EQT MNG · US CORE EQT MKT · INTL CORE EQUITY · EMERGING MKTS CO · WORLD EX US CORE | 44.97% | $83M | 2.19M |
| 2 | VUGVANGUARD INDEX FDS | REAL ESTATE ETF · TOTAL STK MKT · GROWTH ETF · LARGE CAP ETF · SM CP VAL ETF · SML CP GRW ETF · MCAP VL IDXVIP · MID CAP ETF | 11.09% | $21M | 115.2K |
| 3 | VANGUARD WHITEHALL FDS | EM MK GOV BD ETF | 8.62% | $16M | 243.4K |
| 4 | ISHARES TR | JPMORGAN USD EMG · IBOXX HI YD ETF · S&P SML 600 GWT · CORE MSCI TOTAL · S&P MC 400GR ETF · RUS MD CP GR ETF · SP SMCP600VL ETF · CORE S&P TTL STK · RUS MDCP VAL ETF · S&P MC 400VL ETF · ESG AWR US AGRGT | 7.94% | $15M | 153.3K |
| 5 | J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 4.07% | $8M | 133.2K |
| 6 | IAU*ISHARES GOLD TRhistory → | ISHARES NEW | 3.23% | $6M | 68.0K |
| 7 | VANGUARD INTL EQUITY INDEX F | GLB EX US ETF · ALLWRLD EX US | 3.13% | $6M | 120.0K |
| 8 | BRK/ABERKSHIRE HATHAWAY INC DEL | CL A · CL B NEW | 1.51% | $3M | 2.8K |
| 9 | AAPLAPPLE INChistory → | COM | 1.51% | $3M | 11.0K |
| 10 | HDHOME DEPOT INChistory → | COM | 1.05% | $2M | 5.9K |
| 11 | SRESEMPRAhistory → | COM | 1.04% | $2M | 19.8K |
| 12 | VANGUARD SCOTTSDALE FDS | VNG RUS1000GRW | 0.88% | $2M | 14.9K |
| 13 | EXMOCEXXON MOBIL CORP | COM | 0.86% | $2M | 9.5K |
| 14 | ETJEATON VANCE RISK-MANAGED DIV | COM | 0.83% | $2M | 188.7K |
| 15 | INVESCO EXCHANGE TRADED FD T | S&P 500 GARP ETF | 0.71% | $1M | 12.3K |
| 16 | STATE STR SPDR S&P 500 ETF T | TR UNIT | 0.67% | $1M | 1.9K |
| 17 | STATE STR SPDR DOW JONES IND | UT SER 1 | 0.60% | $1M | 2.4K |
| 18 | TSLATESLA INC | COM | 0.59% | $1M | 2.9K |
| 19 | VANGUARD WORLD FD | ESG US STK ETF | 0.36% | $663,785 | 5.9K |
| 20 | APHAMPHENOL CORP | CL A | 0.33% | $608,123 | 4.8K |
| 21 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 0.32% | $596,469 | 2.8K |
| 22 | XFOFXCOHEN & STEERS CLOSED-END | COM | 0.30% | $561,903 | 43.8K |
| 23 | VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 0.29% | $539,814 | 8.4K |
| 24 | VVISA INC | COM CL A | 0.27% | $506,315 | 1.7K |
| 25 | COSTCOSTCO WHOLESALE CORPORATION | COM | 0.27% | $499,212 | 501 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $185M | 79 | May 1, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $172M | 87 | Feb 4, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $165M | 86 | Nov 5, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $154M | 86 | Aug 6, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $140M | 81 | May 2, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $142M | 81 | Feb 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $142M | 85 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $133M | 82 | Aug 8, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $129M | 82 | May 10, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $118M | 80 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $108M | 78 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $110M | 76 | Aug 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $104M | 76 | May 8, 2023 | 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 ↗.