Managers / Q2 2025 · view latest →
Everest Management Corp.
CIK 0002056683 · 10080 N. WOLFE ROAD, SUITE SW3-200, CUPERTINO, CA, 95014 · (408) 502-6015
Summary
Everest Management Corp. reported $139M in U.S.-listed holdings across 65 positions for Q2 2025.
The portfolio is heavily concentrated: DFUSUSD alone accounts for 36.1% of reported value.
Compared with Q1 2025, the fund opened 17 new positions and exited 3.
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 · 67.7% · $94M
- Common Stock · 31.4% · $44M
- Closed-End Fund · 0.9% · $1M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SCHWAB STRATEGIC TR | NEW | +54.5K | 54.5K | +$1M | $1M |
| SPMCSOUND POINT MERIDIAN CAP INC | NEW | +72.9K | 72.9K | +$1M | $1M |
| INTUINTUIT | NEW | +1.7K | 1.7K | +$1M | $1M |
| ISHARES TR | NEW | +10.8K | 10.8K | +$1M | $1M |
| ISHARES TR | NEW | +9.2K | 9.2K | +$965,918 | $965,918 |
| DIHPDIMENSIONAL ETF TRUST | NEW | +22.7K | 22.7K | +$670,308 | $670,308 |
| ISHARES TR | NEW | +1.1K | 1.1K | +$474,404 | $474,404 |
| ISHARES TR | NEW | +1.3K | 1.3K | +$427,519 | $427,519 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | DFUSUSDDIMENSIONAL ETF TRUST | US EQUITY MARKET · US CORE EQUITY 2 · US HIGH PROFITAB · INTL HIGH PROFIT | 40.16% | $56M | 910.6K |
| 2 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 11.78% | $16M | 92.7K |
| 3 | VTVVANGUARD INDEX FDS | S&P 500 ETF SHS · TOTAL STK MKT · VALUE ETF · GROWTH ETF | 8.16% | $11M | 32.4K |
| 4 | ISHARES TR | CORE MSCI TOTAL · 0-3 MNTH TREASRY · SP SMCP600VL ETF · NATIONAL MUN ETF · RUS 1000 GRW ETF · RUS 1000 ETF | 5.73% | $8M | 84.3K |
| 5 | GOLDMAN SACHS ETF TR | ACTIVEBETA US LG · ACCES TREASURY · ULTRA SHORT BOND | 3.92% | $5M | 57.2K |
| 6 | MSFTMICROSOFT CORPhistory → | COM | 2.98% | $4M | 8.3K |
| 7 | AVGOBROADCOM INChistory → | COM | 2.81% | $4M | 14.2K |
| 8 | AAPLAPPLE INChistory → | COM | 2.48% | $3M | 16.8K |
| 9 | NVDANVIDIA CORPORATIONhistory → | COM | 2.16% | $3M | 19.0K |
| 10 | VANGUARD STAR FDS | VG TL INTL STK F | 2.07% | $3M | 41.6K |
| 11 | INVESCO EXCHANGE TRADED FD T | S&P500 EQL WGT | 1.58% | $2M | 12.1K |
| 12 | PGIM ETF TR | PGIM ULTRA SH BD · AAA CLO ETF | 1.37% | $2M | 38.0K |
| 13 | VVISA INChistory → | COM CL A | 1.28% | $2M | 5.0K |
| 14 | SCHWAB STRATEGIC TR | US LRG CAP ETF · US DIVIDEND EQ | 1.22% | $2M | 68.3K |
| 15 | AMZNAMAZON COM INChistory → | COM | 1.13% | $2M | 7.1K |
| 16 | SPMCSOUND POINT MERIDIAN CAP INC | COMMON STOCK | 0.94% | $1M | 72.9K |
| 17 | INTUINTUIT | COM | 0.93% | $1M | 1.7K |
| 18 | ORCLORACLE CORP | COM | 0.82% | $1M | 5.2K |
| 19 | J P MORGAN EXCHANGE TRADED F | US QUALTY FCTR | 0.75% | $1M | 17.4K |
| 20 | METAMETA PLATFORMS INC | CL A | 0.67% | $929,255 | 1.3K |
| 21 | CRMSALESFORCE INC | COM | 0.67% | $929,055 | 3.4K |
| 22 | TSLATESLA INC | COM | 0.43% | $594,660 | 1.9K |
| 23 | VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 0.39% | $538,768 | 10.9K |
| 24 | WISDOMTREE TR | EMG MKTS SMCAP | 0.38% | $530,692 | 9.6K |
| 25 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.35% | $481,398 | 991 |
| 26 | JPMJPMORGAN CHASE & CO. | COM | 0.34% | $475,162 | 1.6K |
| 27 | NFLXNETFLIX INC | COM | 0.29% | $401,739 | 300 |
| 28 | COSTCOSTCO WHSL CORP NEW | COM | 0.28% | $394,986 | 399 |
| 29 | ANETARISTA NETWORKS INC | COM SHS | 0.28% | $383,151 | 3.7K |
| 30 | SPDR S&P 500 ETF TR | TR UNIT | 0.25% | $352,061 | 570 |
| 31 | LLYELI LILLY & CO | COM | 0.24% | $335,198 | 430 |
| 32 | ZSZSCALER INC | COM | 0.23% | $314,568 | 1.0K |
| 33 | MAMASTERCARD INCORPORATED | CL A | 0.21% | $293,333 | 522 |
| 34 | AMDADVANCED MICRO DEVICES INC | COM | 0.20% | $276,279 | 1.9K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $197M | 72 | May 7, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $179M | 63 | Feb 2, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $157M | 67 | Nov 6, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $139M | 65 | Aug 5, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $110M | 51 | Apr 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $114M | 50 | Feb 13, 2025 | 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 ↗.