Frisco Financial Planning Portfolio Dominated by Top ETF Holdings

As of June 30, 2026, Frisco Financial Planning Llc's portfolio is characterized by a notable level of concentration in specific exchange-traded funds (ETFs). The largest positions significantly shape the overall investment landscape.

The Vanguard Small-Cap ETF (VB) stands out as the most significant holding at Vanguard Small-Cap ETF (VB), representing approximately 12.23% of the total portfolio value, or $16.2 million. This position saw a slight reduction in shares compared to the previous period.

Vanguard Tax-Exempt Bond ETF (VTEB) is another major component, holding around 11.65%, equivalent to about $15.46 million out of the total portfolio value of $132.7 million. This Vanguard fund experienced a significant increase in its share count during the period.

Vanguard FTSE Developed Markets ETF (VEA) follows closely with an allocation of 10.83%, or roughly $14.37 million, also managed by Vanguard and showing a decrease in shares from prior periods. Schwab US Large-Cap ETF (SCHX) holds the fourth position at about 9.55% ($12.67 million), with its share count decreasing slightly.

Further diversification is evident through other significant holdings like Vanguard Interm-Term Corp Bd ETF (VCIT) at approximately $10.32 million, or 7.78%, and Vanguard Short-Term Infl-Prot Secs ETF (VTIP) at about $11.06 million, or 8.34%. SPDR S&P 500 ETF Trust (SPY), despite being a large-cap equity fund, holds around $10.19 million, representing approximately 7.68% of the portfolio.

The remaining top positions include iShares Core US Aggregate Bond ETF (AGG) at about $9.32 million (7.02%), and several smaller but still notable holdings like iShares Core MSCI Emerging Markets ETF (IEMG), Schwab International Equity ETF (SCHF), Vanguard Total International Bond ETF (BNDX), SPDR Portfolio S&P 500 ETF (SPLG), and Vanguard Real Estate ETF (VNQ).

Overall, the portfolio's structure highlights a strong reliance on large institutional funds like those from Vanguard. The top five holdings alone account for roughly half of the total assets ($132.7 million). While there are some smaller allocations across different sectors, detailed sector breakdowns show that most positions fall into 'Unknown' categories or very minor exposures to specific sectors.