Managers / Q4 2025
Grunden Financial Advisory, Inc.
CIK 0002010014 · 515 SOUTH CARROLL BLVD, DENTON, TX, 76201 · 940-591-9007
Summary
Grunden Financial Advisory, Inc. reported $256M in U.S.-listed holdings across 35 positions for Q4 2025.
The portfolio is heavily concentrated: DFAC alone accounts for 95.5% of reported value.
Compared with Q3 2025, the fund opened 4 new positions and exited 0.
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 · 96.0% · $246M
- Common Stock · 4.0% · $10M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| QQQINVESCO QQQ TR | NEW | +1.3K | 1.3K | +$769,730 | $769,730 |
| COFCAPITAL ONE FINL CORP | NEW | +886 | 886 | +$214,731 | $214,731 |
| VTIVANGUARD INDEX FDS | NEW | +610 | 610 | +$204,376 | $204,376 |
| INTUINTUIT | NEW | +308 | 308 | +$204,025 | $204,025 |
| DFUSDIMENSIONAL ETF TRUST | ADDED | +24.5K | 104.9K | +$2M | $8M |
| MSFTMICROSOFT CORP | TRIMMED | −169 | 442 | −$103,009 | $213,475 |
| DFASDIMENSIONAL ETF TRUST | ADDED | +13.4K | 65.8K | +$993,963 | $5M |
| AAPLAPPLE INC | TRIMMED | −1.0K | 3.2K | −$212,039 | $868,419 |
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 | DFACDIMENSIONAL ETF TRUST | US CORE EQUITY 2 · US HIGH PROFITAB · CORE FIXED INCOM · SHORT DURATION F · US MKTWIDE VALUE · WORLD EX US CORE · US SMALL CAP VAL · INTL HIGH PROFIT · US EQUITY MARKET · US SMALL CAP ETF · INTL CORE EQUITY · INTL SMALL CAP V · INTL CORE EQT MK · EMGR CRE EQT MNG · EMERGING MKTS CO · EMERGING MKTS VA · NATL MUN BD ETF · GLOBAL REAL EST | 95.53% | $245M | 6.13M |
| 2 | TXNTEXAS INSTRS INChistory → | COM | 2.34% | $6M | 34.5K |
| 3 | AAPLAPPLE INC | COM | 0.34% | $868,419 | 3.2K |
| 4 | QQQINVESCO QQQ TR | UNIT SER 1 | 0.30% | $769,730 | 1.3K |
| 5 | VOVANGUARD INDEX FDS | MID CAP ETF · TOTAL STK MKT | 0.22% | $552,640 | 1.8K |
| 6 | PCARPACCAR INC | COM | 0.18% | $467,437 | 4.3K |
| 7 | GOOGLALPHABET INC | CAP STK CL A | 0.14% | $348,056 | 1.1K |
| 8 | IDXXIDEXX LABS INC | COM | 0.13% | $321,352 | 475 |
| 9 | MSMORGAN STANLEY | COM NEW | 0.12% | $308,902 | 1.7K |
| 10 | TSLATESLA INC | COM | 0.11% | $281,075 | 625 |
| 11 | WMTWALMART INC | COM | 0.10% | $252,455 | 2.3K |
| 12 | CITHE CIGNA GROUP | COM | 0.09% | $235,509 | 856 |
| 13 | COFCAPITAL ONE FINL CORP | COM | 0.08% | $214,731 | 886 |
| 14 | MSFTMICROSOFT CORP | COM | 0.08% | $213,475 | 442 |
| 15 | TRITHOMSON REUTERS CORP | COM | 0.08% | $208,650 | 1.6K |
| 16 | INTUINTUIT | COM | 0.08% | $204,025 | 308 |
| 17 | NVDANVIDIA CORPORATION | COM | 0.08% | $200,488 | 1.1K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q4 2025 | $256M | 35 | Jan 27, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $246M | 31 | Nov 4, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $226M | 31 | Jul 29, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $206M | 25 | Apr 25, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $207M | 27 | Jan 24, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $204M | 24 | Oct 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $192M | 26 | Aug 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $188M | 24 | Apr 30, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $178M | 25 | 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 ↗.