PHILLIPS FINANCIAL MANAGEMENT, LLC
Q4 2025 13F-HR Holdings
Net value change ($000)
+35,926
(2.4%)
New positions
22
Sold out positions
20
Turnover %
0.9%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q3 2025
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| DFSD | 11,050 | 15.0% |
| DFCF | 10,936 | 10.8% |
| DFIC | 9,367 | 10.5% |
| DUHP | 5,033 | 10.9% |
| DFLV | 3,773 | 8.1% |
| DFAT | 3,614 | 8.1% |
| IVV | 3,469 | 2.0% |
| DFAS | 2,484 | 8.3% |
| DFEM | 2,269 | 6.0% |
| DUSB | 2,223 | 10.7% |
Top Reduces (Value $000, Stocks/ETFs)
| LRGF | -3,192 | -12.9% |
| VCIT | -3,077 | -23.3% |
| IBDQ | -2,846 | -100.0% |
| AGG | -1,972 | -7.6% |
| INTF | -1,916 | -18.0% |
| iSHARES TRUST | -1,731 | -100.0% |
| IBHE | -1,519 | -100.0% |
| IJH | -1,416 | -2.8% |
| IJR | -1,325 | -22.7% |
| iSHARES TRUST | -1,294 | -100.0% |
Instrument mix + QoQ Δ (ex-options)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|