CLUNE & ASSOCIATES, LTD.

Q4 2025 13F-HR Holdings

Location
Chicago, IL
Holdings as of
12/31/2025
Date filed
2/9/2026
Form type
13F-HR
Num holdings
166
Total value ($000)
$463,012
Net value change ($000)
+62,924 (15.7%)
New positions
11
Sold out positions
4
Turnover %
1.5%
Sector allocation + QoQ delta (equities-only)
Prev filing: 10/17/2025 Next filing: 4/20/2026 SEC filing

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)
DFUV 4,795 23.5%
VOO 3,236 29.4%
DFIV 2,728 16.2%
VXUS 2,435 26.7%
AAPL 2,053 29.2%
AVIV 1,822 38.8%
DFAS 1,792 11.2%
AVLV 1,700 24.5%
DFSD 1,527 11.3%
LII 1,460 NEW
Top Reduces (Value $000, Stocks/ETFs)
IASGBX -799 -100.0%
DV -511 -100.0%
MSFT -364 -13.6%
SCOR -283 -25.6%
ITAN -245 -100.0%
PEP -213 -100.0%
ABT -140 -7.1%
IGSB -93 -3.0%
KR -56 -6.8%
QQQ -43 -3.7%
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.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type