Burton Enright Welch — Q1 2025 13F Holdings

Holdings as of March 31, 2025

Portfolio value

$491.76B

Holdings count

104

104 positions reported

Accession #

0002105919-26-000016

Form 13F-HR

Loading quarter-over-quarter changes...

All Reported Positions

104 positions sorted by value

104 positions

Issuer	CUSIP	Valuev	Weight	Shares/Prin.	Discretion	Voting (Sole/Shared/None)
DIMENSIONAL ETF TRUSTUS CORE EQUITY 2	25434V708	$109.36B	22.24%	3,314,834shares	SOLE	0 / 0 / 3,314,834
AMERICAN CENTY ETF TRINTL SMCP VLU	025072802	$38.56B	7.84%	552,965shares	SOLE	0 / 0 / 552,965
AMERICAN CENTY ETF TRUS SML CP VALU	025072877	$36.12B	7.34%	414,351shares	SOLE	0 / 0 / 414,351
DIMENSIONAL ETF TRUSTUS HIGH PROFITAB	25434V831	$32.17B	6.54%	970,703shares	SOLE	0 / 0 / 970,703
DIMENSIONAL ETF TRUSTEMERGING MKTS CO	25434V732	$28.15B	5.72%	1,063,815shares	SOLE	0 / 0 / 1,063,815
DIMENSIONAL ETF TRUSTINTL CORE EQUITY	25434V799	$28.02B	5.70%	1,008,907shares	SOLE	0 / 0 / 1,008,907
AMERICAN CENTY ETF TRUS EQT ETF	025072885	$22.93B	4.66%	248,226shares	SOLE	0 / 0 / 248,226
CHEVRON CORP NEWCOM	166764100	$13.88B	2.82%	82,997shares	SOLE	0 / 0 / 82,997
VANGUARD MALVERN FDSSTRM INFPROIDX	922020805	$13.82B	2.81%	276,909shares	SOLE	0 / 0 / 276,909
VANGUARD MALVERN FDSCORE BD ETF	922020748	$13.79B	2.80%	178,082shares	SOLE	0 / 0 / 178,082
DIMENSIONAL ETF TRUSTUS REAL ESTATE E	25434V823	$13.66B	2.78%	574,868shares	SOLE	0 / 0 / 574,868
AMERICAN CENTY ETF TRINTL EQT ETF	025072703	$13.42B	2.73%	202,573shares	SOLE	0 / 0 / 202,573
AMERICAN CENTY ETF TRAVANTIS EMGMKT	025072604	$12.31B	2.50%	204,544shares	SOLE	0 / 0 / 204,544
MCKESSON CORPCOM	58155Q103	$9.49B	1.93%	14,100shares	SOLE	0 / 0 / 14,100
APPLE INCCOM	037833100	$7.15B	1.45%	32,196shares	SOLE	0 / 0 / 32,196
VANGUARD INTL EQUITY INDEX FFTSE EUROPE ETF	922042874	$6.72B	1.37%	95,660shares	SOLE	0 / 0 / 95,660
CAPITAL GROUP INTL FOCUS EQTSHS CREATION UNI	14019W109	$6.36B	1.29%	259,901shares	SOLE	0 / 0 / 259,901
J P MORGAN EXCHANGE TRADED FUS QUALTY FCTR	46641Q761	$4.23B	0.86%	74,986shares	SOLE	0 / 0 / 74,986
LINCOLN ELEC HLDGS INCCOM	533900106	$3.93B	0.80%	20,762shares	SOLE	0 / 0 / 20,762
VANGUARD WELLINGTON FDSHORT TRM TAX EX	921935870	$3.30B	0.67%	32,843shares	SOLE	0 / 0 / 32,843
AMAZON COM INCCOM	023135106	$3.29B	0.67%	17,293shares	SOLE	0 / 0 / 17,293
DIMENSIONAL ETF TRUSTEMGR CRE EQT MNG	25434V302	$3.00B	0.61%	115,753shares	SOLE	0 / 0 / 115,753
DIMENSIONAL ETF TRUSTGLOBAL REAL EST	25434V658	$2.95B	0.60%	112,266shares	SOLE	0 / 0 / 112,266
DIMENSIONAL ETF TRUSTUS SMALL CAP VAL	25434V815	$2.81B	0.57%	99,732shares	SOLE	0 / 0 / 99,732
BANK AMERICA CORPCOM	060505104	$2.72B	0.55%	65,300shares	SOLE	0 / 0 / 65,300
MICROSOFT CORPCOM	594918104	$2.47B	0.50%	6,578shares	SOLE	0 / 0 / 6,578
ELI LILLY & COCOM	532457108	$2.39B	0.49%	2,890shares	SOLE	0 / 0 / 2,890
TESLA INCCOM	88160R101	$2.21B	0.45%	8,538shares	SOLE	0 / 0 / 8,538
ISHARES TRCORE MSCI EURO	46434V738	$2.05B	0.42%	34,014shares	SOLE	0 / 0 / 34,014
FIRST LONG IS CORPCOM	320734106	$1.98B	0.40%	160,449shares	SOLE	0 / 0 / 160,449
DIMENSIONAL ETF TRUSTUS CORE EQT MKT	25434V104	$1.93B	0.39%	50,089shares	SOLE	0 / 0 / 50,089
DIMENSIONAL ETF TRUSTINTL CORE EQT MK	25434V203	$1.85B	0.38%	59,115shares	SOLE	0 / 0 / 59,115
CAPITAL GROUP INTERNATIONALSHS	14021M107	$1.75B	0.36%	59,563shares	SOLE	0 / 0 / 59,563
VANGUARD INDEX FDSREAL ESTATE ETF	922908553	$1.71B	0.35%	18,851shares	SOLE	0 / 0 / 18,851
DIMENSIONAL ETF TRUSTINTL SMALL CAP V	25434V781	$1.59B	0.32%	54,681shares	SOLE	0 / 0 / 54,681
DIMENSIONAL ETF TRUSTUS SUSTAINABILTY	25434V716	$1.51B	0.31%	42,253shares	SOLE	0 / 0 / 42,253
NVIDIA CORPORATIONCOM	67066G104	$1.46B	0.30%	13,494shares	SOLE	0 / 0 / 13,494
DIMENSIONAL ETF TRUSTCALIF MUN BD ETF	25434V633	$1.36B	0.28%	27,427shares	SOLE	0 / 0 / 27,427
BERKSHIRE HATHAWAY INC DELCL B NEW	084670702	$1.33B	0.27%	2,490shares	SOLE	0 / 0 / 2,490
VISA INCCOM CL A	92826C839	$1.32B	0.27%	3,760shares	SOLE	0 / 0 / 3,760
COSTCO WHSL CORP NEWCOM	22160K105	$1.32B	0.27%	1,391shares	SOLE	0 / 0 / 1,391
VANGUARD BD INDEX FDSTOTAL BND MRKT	921937835	$1.25B	0.25%	16,963shares	SOLE	0 / 0 / 16,963
ALPHABET INCCAP STK CL C	02079K107	$1.13B	0.23%	7,231shares	SOLE	0 / 0 / 7,231
SPDR S&P 500 ETF TRTR UNIT	78462F103	$1.06B	0.22%	1,902shares	SOLE	0 / 0 / 1,902
ALPHABET INCCAP STK CL A	02079K305	$1.03B	0.21%	6,653shares	SOLE	0 / 0 / 6,653
META PLATFORMS INCCL A	30303M102	$979.81M	0.20%	1,700shares	SOLE	0 / 0 / 1,700
DIMENSIONAL ETF TRUSTEMERGING MARKETS	25434V682	$966.04M	0.20%	28,683shares	SOLE	0 / 0 / 28,683
VANGUARD MALVERN FDSCORE-PLUS BD ETF	922020755	$930.33M	0.19%	11,995shares	SOLE	0 / 0 / 11,995
AUTOMATIC DATA PROCESSING INCOM	053015103	$855.74M	0.17%	2,801shares	SOLE	0 / 0 / 2,801
SCHWAB STRATEGIC TRUS BRD MKT ETF	808524102	$802.43M	0.16%	37,270shares	SOLE	0 / 0 / 37,270
VANGUARD CALIF TAX FREE FDSTAX EXEMPT BD FD	922021605	$775.00M	0.16%	7,876shares	SOLE	0 / 0 / 7,876
ISHARES TRCORE S&P500 ETF	464287200	$762.38M	0.16%	1,357shares	SOLE	0 / 0 / 1,357
CADENCE DESIGN SYSTEM INCCOM	127387108	$735.01M	0.15%	2,890shares	SOLE	0 / 0 / 2,890
WILLIAMS SONOMA INCCOM	969904101	$711.29M	0.14%	4,499shares	SOLE	0 / 0 / 4,499
CAPITAL GRP FIXED INCM ETF TMUNICIPAL INCOME	14020Y201	$698.55M	0.14%	26,046shares	SOLE	0 / 0 / 26,046
ORACLE CORPCOM	68389X105	$649.14M	0.13%	4,643shares	SOLE	0 / 0 / 4,643
CAPITAL GRP FIXED INCM ETF TSHORT DURATION M	14020Y607	$630.69M	0.13%	24,248shares	SOLE	0 / 0 / 24,248
ISHARES TRRUS 1000 GRW ETF	464287614	$625.79M	0.13%	1,733shares	SOLE	0 / 0 / 1,733
AMERICAN CENTY ETF TRAVANTIS RESPON U	025072281	$625.60M	0.13%	10,032shares	SOLE	0 / 0 / 10,032
HOME DEPOT INCCOM	437076102	$618.24M	0.13%	1,687shares	SOLE	0 / 0 / 1,687
DIMENSIONAL ETF TRUSTUS TARGETED VLU	25434V609	$566.86M	0.12%	11,009shares	SOLE	0 / 0 / 11,009
JOHNSON & JOHNSONCOM	478160104	$562.53M	0.11%	3,392shares	SOLE	0 / 0 / 3,392
STRYKER CORPORATIONCOM	863667101	$550.07M	0.11%	1,478shares	SOLE	0 / 0 / 1,478
VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT	921943858	$544.26M	0.11%	10,707shares	SOLE	0 / 0 / 10,707
DIMENSIONAL ETF TRUSTNATL MUN BD ETF	25434V849	$537.11M	0.11%	11,291shares	SOLE	0 / 0 / 11,291
ISHARES TRRUS 1000 VAL ETF	464287598	$527.06M	0.11%	2,801shares	SOLE	0 / 0 / 2,801
EXPEDITORS INTL WASH INCCOM	302130109	$517.56M	0.11%	4,304shares	SOLE	0 / 0 / 4,304
JPMORGAN CHASE & CO.COM	46625H100	$490.69M	0.10%	2,000shares	SOLE	0 / 0 / 2,000
WELLS FARGO CO NEWCOM	949746101	$486.12M	0.10%	6,771shares	SOLE	0 / 0 / 6,771
PEPSICO INCCOM	713448108	$481.83M	0.10%	3,213shares	SOLE	0 / 0 / 3,213
CATERPILLAR INCCOM	149123101	$473.26M	0.10%	1,435shares	SOLE	0 / 0 / 1,435
PROCTER AND GAMBLE COCOM	742718109	$471.55M	0.10%	2,767shares	SOLE	0 / 0 / 2,767
VANGUARD INDEX FDSTOTAL STK MKT	922908769	$444.18M	0.09%	1,616shares	SOLE	0 / 0 / 1,616
DISNEY WALT COCOM	254687106	$442.11M	0.09%	4,479shares	SOLE	0 / 0 / 4,479
CISCO SYS INCCOM	17275R102	$377.26M	0.08%	6,113shares	SOLE	0 / 0 / 6,113
INTUITIVE SURGICAL INCCOM NEW	46120E602	$356.10M	0.07%	719shares	SOLE	0 / 0 / 719
EXXON MOBIL CORPCOM	30231G102	$346.17M	0.07%	2,911shares	SOLE	0 / 0 / 2,911
MCDONALDS CORPCOM	580135101	$342.75M	0.07%	1,097shares	SOLE	0 / 0 / 1,097
SPROTT PHYSICAL GOLD TRUNIT	85207H104	$338.55M	0.07%	14,071shares	SOLE	0 / 0 / 14,071
AT&T INCCOM	00206R102	$331.55M	0.07%	11,724shares	SOLE	0 / 0 / 11,724
SCHWAB STRATEGIC TRUS LRG CAP ETF	808524201	$327.85M	0.07%	14,848shares	SOLE	0 / 0 / 14,848
INVESCO QQQ TRUNIT SER 1	46090E103	$324.49M	0.07%	692shares	SOLE	0 / 0 / 692
VANGUARD BD INDEX FDSVANGUARD ULTRA	92203C303	$319.52M	0.06%	6,409shares	SOLE	0 / 0 / 6,409
AMERICAN EXPRESS COCOM	025816109	$312.64M	0.06%	1,162shares	SOLE	0 / 0 / 1,162
INTEL CORPCOM	458140100	$308.51M	0.06%	13,585shares	SOLE	0 / 0 / 13,585
DIMENSIONAL ETF TRUSTCORE FIXED INCOM	25434V872	$301.89M	0.06%	7,178shares	SOLE	0 / 0 / 7,178
BOEING COCOM	097023105	$287.89M	0.06%	1,688shares	SOLE	0 / 0 / 1,688
DOCUSIGN INCCOM	256163106	$284.98M	0.06%	3,501shares	SOLE	0 / 0 / 3,501
DIMENSIONAL ETF TRUSTINTL SMALL CAP E	25434V773	$283.49M	0.06%	10,971shares	SOLE	0 / 0 / 10,971
SCHWAB STRATEGIC TRINTL EQTY ETF	808524805	$278.11M	0.06%	14,060shares	SOLE	0 / 0 / 14,060
VANGUARD INTL EQUITY INDEX FTT WRLD ST ETF	922042742	$272.75M	0.06%	2,352shares	SOLE	0 / 0 / 2,352
GE AEROSPACECOM NEW	369604301	$272.13M	0.06%	1,360shares	SOLE	0 / 0 / 1,360
SCHWAB STRATEGIC TRUS SML CAP ETF	808524607	$267.14M	0.05%	11,402shares	SOLE	0 / 0 / 11,402
INTERNATIONAL BUSINESS MACHSCOM	459200101	$261.12M	0.05%	1,050shares	SOLE	0 / 0 / 1,050
BIOMARIN PHARMACEUTICAL INCCOM	09061G101	$259.72M	0.05%	3,674shares	SOLE	0 / 0 / 3,674
VANGUARD MUN BD FDSCORE TAX EXEMPT	922907712	$259.02M	0.05%	3,489shares	SOLE	0 / 0 / 3,489
DIMENSIONAL ETF TRUSTINTERNATIONAL	25434V690	$252.99M	0.05%	7,251shares	SOLE	0 / 0 / 7,251
ABBVIE INCCOM	00287Y109	$251.84M	0.05%	1,202shares	SOLE	0 / 0 / 1,202
INTUITCOM	461202103	$221.04M	0.04%	360shares	SOLE	0 / 0 / 360
AMERICAN CENTY ETF TRAVANTIS RESPONSI	025072315	$216.00M	0.04%	4,204shares	SOLE	0 / 0 / 4,204
GALLAGHER ARTHUR J & COCOM	363576109	$214.74M	0.04%	622shares	SOLE	0 / 0 / 622
WALMART INCCOM	931142103	$207.54M	0.04%	2,364shares	SOLE	0 / 0 / 2,364
AUTOZONE INCCOM	053332102	$202.08M	0.04%	53shares	SOLE	0 / 0 / 53
EVERGY INCCOM	30034W106	$200.23M	0.04%	2,904shares	SOLE	0 / 0 / 2,904

Filing Metadata

Form type

13F-HR

Filing date

Mar 9, 2026

Holdings as of

March 31, 2025

Accession

0002105919-26-000016

CIK

0002105919

View on SEC

Portfolio Snapshot

Total Portfolio Value

$491.76B

Number of Positions

104

104 reported by filer

Top 10 Concentration

68.5%

Top 20 Concentration

84.9%

Unique Issuers

104

By CUSIP

Avg. Position Size

$4.73B

Across 104 holdings

Top 5 Holdings

DIMENSIONAL ETF TRUST22.2%

AMERICAN CENTY ETF TR7.8%

AMERICAN CENTY ETF TR7.3%

DIMENSIONAL ETF TRUST6.5%

DIMENSIONAL ETF TRUST5.7%