Managers / Q4 2023 · view latest →
Stephenson & Company, Inc.
CIK 0002001544 · 241 AVENIDA DEL MAR, SAN CLEMENTE, CA, 92672 · 949-727-4255
Summary
Stephenson & Company, Inc. reported $119M in U.S.-listed holdings across 36 positions for Q4 2023.
The portfolio is heavily concentrated: IVV alone accounts for 29.1% of reported value.
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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 · 81.7% · $98M
- Common Stock · 18.3% · $22M
Quarter-over-Quarter Changes full breakdown →
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| BRK/BBERKSHIRE HATHAWAY INC DEL | NEW | +47.7K | 47.7K | +$17M | $17M |
| RSPINVESCO EXCHANGE TRADED FD T | NEW | +106.9K | 106.9K | +$17M | $17M |
| VEAVANGUARD TAX-MANAGED FDS | NEW | +315.6K | 315.6K | +$15M | $15M |
| IVVISHARES TR | NEW | +30.1K | 30.1K | +$14M | $14M |
| BSVVANGUARD BD INDEX FDS | NEW | +151.5K | 151.5K | +$12M | $12M |
| BIVVANGUARD BD INDEX FDS | NEW | +122.3K | 122.3K | +$9M | $9M |
| IJRISHARES TR | NEW | +42.2K | 42.2K | +$5M | $5M |
| IJHISHARES TR | NEW | +15.6K | 15.6K | +$4M | $4M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | IVVISHARES TR | CORE S&P500 ETF · CORE S&P SCP ETF · CORE S&P MCP ETF · NATIONAL MUN ETF · TIPS BD ETF · JPMORGAN USD EMG · CORE S&P TTL STK · RUSSELL 2000 ETF · MSCI EAFE ETF · RUS 1000 VAL ETF · CORE US AGGBD ET · MSCI EMG MKT ETF · RUS MID CAP ETF | 29.07% | $35M | 199.0K |
| 2 | BSVVANGUARD BD INDEX FDS | SHORT TRM BOND · INTERMED TERM | 17.61% | $21M | 273.8K |
| 3 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW · CL A | 15.17% | $18M | 47.7K |
| 4 | RSPINVESCO EXCHANGE TRADED FD Thistory → | S&P500 EQL WGT | 14.14% | $17M | 106.9K |
| 5 | VEAVANGUARD TAX-MANAGED FDShistory → | VAN FTSE DEV MKT | 12.67% | $15M | 315.6K |
| 6 | VWOVANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF · ALLWRLD EX US | 3.25% | $4M | 92.8K |
| 7 | SPYSPDR S&P 500 ETF TRhistory → | TR UNIT | 2.52% | $3M | 6.3K |
| 8 | AAPLAPPLE INChistory → | COM | 1.44% | $2M | 8.9K |
| 9 | SPDR SER TR | BLOOMBERG HIGH Y | 1.35% | $2M | 17.1K |
| 10 | INVESCO EXCH TRD SLF IDX FD | BULSHS 2024 CB | 0.47% | $563,663 | 27.0K |
| 11 | UNHUNITEDHEALTH GROUP INC | COM | 0.28% | $333,256 | 633 |
| 12 | SCHFSCHWAB STRATEGIC TR | INTL EQTY ETF | 0.25% | $294,276 | 8.0K |
| 13 | HDHOME DEPOT INC | COM | 0.24% | $291,795 | 842 |
| 14 | FNFFIDELITY NATIONAL FINANCIAL | FNF GROUP COM | 0.23% | $276,630 | 5.4K |
| 15 | VIGVANGUARD SPECIALIZED FUNDS | DIV APP ETF | 0.22% | $264,290 | 1.6K |
| 16 | FAFFIRST AMERN FINL CORP | COM | 0.19% | $227,731 | 3.5K |
| 17 | DEDEERE & CO | COM | 0.19% | $225,127 | 563 |
| 18 | CVXCHEVRON CORP NEW | COM | 0.18% | $217,624 | 1.5K |
| 19 | ARISTA NETWORKS INC | COM | 0.18% | $211,959 | 900 |
| 20 | BNYBANK NEW YORK MELLON CORP | COM | 0.18% | $209,657 | 4.0K |
| 21 | VUGVANGUARD INDEX FDS | GROWTH ETF | 0.17% | $202,072 | 650 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $184M | 43 | May 12, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $182M | 45 | Jan 27, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $174M | 43 | Oct 21, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $165M | 42 | Aug 8, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $154M | 39 | May 7, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $149M | 36 | Jan 23, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $148M | 39 | Oct 25, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $135M | 36 | Aug 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $137M | 38 | Apr 30, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $119M | 36 | Jan 31, 2024 | 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 ↗.