1y return+16.2%S&P 500 +20.9%
3y return+42.8%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2022: $154 against $195 in the S&P 500.2
Financial Alternatives, IncS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| Dimensional Etf TrustCUSIP 25434V708 | $37.0M | 18.2% | |
| DFAIDimensional Etf Trust | $34.5M | 17.0% | |
| VWOBVanguard Whitehall Fds | $17.0M | 8.4% | +3.6% |
| DFAEDimensional Etf Trust | $12.8M | 6.3% | |
| JEPIJ P Morgan Exchange Traded F | $7.3M | 3.6% | −2.7% |
| VNQVanguard Index Fds | $6.8M | 3.3% | +2.1% |
| IAUIshares Gold Tr | $5.2M | 2.6% | |
| EMBIshares Tr | $5.1M | 2.5% | |
| VTIVanguard Index Fds | $5.0M | 2.5% | −5.1% |
| VNQIVanguard Intl Equity Index F | $4.8M | 2.4% | +3.2% |
| VUGVanguard Index Fds | $4.3M | 2.1% | |
| DFAUDimensional Etf Trust | $3.5M | 1.7% | |
| AAPLApple Inc | $3.4M | 1.7% | +6.5% |
| VVVanguard Index Fds | $3.3M | 1.6% | |
| HYGIshares Tr | $2.8M | 1.4% | |
| DFICDimensional Etf Trust | $2.4M | 1.2% | |
| DFEMDimensional Etf Trust | $2.2M | 1.1% | |
| HDHome Depot Inc | $2.1M | 1.0% | +1.6% |
| SRESempra | $1.8M | 0.9% | |
| VONGVanguard Scottsdale Fds | $1.6M | 0.8% | −17.9% |
| SPGPInvesco Exchange Traded Fd T | $1.5M | 0.7% | |
| IJTIshares Tr | $1.5M | 0.7% | |
| BRK/ABerkshire Hathaway Inc Del | $1.5M | 0.7% | |
| ETJEaton Vance Risk-managed Div | $1.5M | 0.7% | −4.5% |
| BRK/BBerkshire Hathaway Inc Del | $1.3M | 0.7% | −5.7% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| APHAmphenol Corp | June 30, 2023 | +315.1% | $849K |
| TSLATesla Inc | December 31, 2022 | +241.5% | $1.3M |
| VUGVanguard Index Fds | December 31, 2022 | +142.5% | $4.3M |
| VONGVanguard Scottsdale Fds | December 31, 2022 | +131.9% | $1.6M |
| AAPLApple Inc | December 31, 2022 | +122.7% | $3.4M |
| IAUIshares Gold Tr | December 31, 2022 | +118.3% | $5.2M |
| ESGVVanguard World Fd | December 31, 2022 | +100.8% | $787K |
| VVVanguard Index Fds | December 31, 2022 | +97.4% | $3.3M |
| VTIVanguard Index Fds | December 31, 2022 | +93.5% | $5.0M |
| DFAUDimensional Etf Trust | December 31, 2022 | +91.3% | $3.5M |
Sold off last quarter
- ADBEAdobe Inc was $204K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +8.5% | +14.8% |
| March 31, 2026 | −1.3% | −4.6% |
| December 31, 2025 | +2.0% | +2.4% |
| September 30, 2025 | +6.3% | +7.8% |
| June 30, 2025 | +6.9% | +10.5% |
| March 31, 2025 | −1.1% | −4.6% |
| December 31, 2024 | −2.1% | +2.1% |
| September 30, 2024 | +6.9% | +5.4% |
| June 30, 2024 | +0.7% | +4.0% |
| March 31, 2024 | +5.4% | +10.0% |
| December 31, 2023 | +9.2% | +11.2% |
| September 30, 2023 | −4.0% | −3.6% |
| June 30, 2023 | +3.3% | +8.3% |
| March 31, 2023 | +4.4% | +7.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Financial Alternatives, Inc Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1967227&type=13F-HR&dateb=&owner=include&count=40CIK 1967227
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1967227/000196722726000003/Filed August 11, 2026 · accession 0001967227-26-000003