# EDGAR Filing Document

**Accession Number:** 0001551867
**File Stem:** 0001214659-25-010805
**Filing Date:** 2025-7
**Character Count:** 17903
**Document Hash:** f114b96f0a34421f2ec3d193badc0298
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001214659-25-010805.hdr.sgml**: 20250723

**ACCESSION NUMBER**: 0001214659-25-010805

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250723

**DATE AS OF CHANGE**: 20250723

**EFFECTIVENESS DATE**: 20250723

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Litman Gregory Wealth Management LLC
- **CENTRAL INDEX KEY:** 0001551867

**ORGANIZATION NAME:**
- **EIN:** 680362255
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15324
- **FILM NUMBER:** 251141549

**BUSINESS ADDRESS:**
- **STREET 1:** 1100 LARKSPUR LANDING CIRCLE, SUITE 300
- **CITY:** LARKSPUR
- **STATE:** CA
- **ZIP:** 94939
- **BUSINESS PHONE:** 415-461-8999

**MAIL ADDRESS:**
- **STREET 1:** 1100 LARKSPUR LANDING CIRCLE, SUITE 300
- **CITY:** LARKSPUR
- **STATE:** CA
- **ZIP:** 94939

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Litman Gregory Asset Management LLC
- **DATE OF NAME CHANGE:** 20120608

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Litman Gregory Wealth Management LLC<br>**Address:** 1100 Larkspur Landing Circle Suite 300<br>Larkspur, CA 94939

**Form 13F File Number:** 028-15324

**CRD Number (if applicable):** 000107611

**SEC File Number (if applicable):** 801-50916

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Kathlyne Kiaie<br>**Title:** Chief Compliance Officer<br>**Phone:** 925-253-5206

**Signature, Place, and Date of Signing:**

/s/ Kathlyne Kiaie  Larkspur, CA  07-22-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 138

**Form 13F Information Table Value Total:** $1271610581

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 301822 | 2127 | SH |  | SOLE |  | 2 | 0 | 2125 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 9703319 | 55061 | SH |  | SOLE |  | 2042 | 0 | 53019 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 12305722 | 69371 | SH |  | SOLE |  | 1423 | 0 | 67948 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 252520 | 4307 | SH |  | SOLE |  | 4307 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 942281 | 4295 | SH |  | SOLE |  | 70 | 0 | 4225 |
| APPLE INC | COM | 037833100 |  | 25589026 | 124721 | SH |  | SOLE |  | 2687 | 0 | 122034 |
| AT INC | COM | 00206R102 |  | 590666 | 20410 | SH |  | SOLE |  | 250 | 0 | 20160 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 1212629 | 3932 | SH |  | SOLE |  | 3182 | 0 | 750 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 728800 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| BLACKROCK MUNIHLDNGS CALI QL | COM | 09254L107 |  | 446023 | 43094 | SH |  | SOLE |  | 43094 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 14213551 | 2455 | SH |  | SOLE |  | 0 | 0 | 2455 |
| CALAMOS STRATEGIC TOTAL RETU | COM SH BEN INT | 128125101 |  | 410400 | 22500 | SH |  | SOLE |  | 22500 | 0 | 0 |
| CAPITAL GROUP DIVIDEND VALUE | SHS CREATION UNI | 14020W106 |  | 1267896 | 32107 | SH |  | SOLE |  | 32107 | 0 | 0 |
| CDW CORP | COM | 12514G108 |  | 7511172 | 42058 | SH |  | SOLE |  | 0 | 0 | 42058 |
| COPART INC | COM | 217204106 |  | 8235271 | 167827 | SH |  | SOLE |  | 0 | 0 | 167827 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 217787 | 220 | SH |  | SOLE |  | 220 | 0 | 0 |
| DBX ETF TR | XTRACK MSCI EURP | 233051853 |  | 411267 | 9330 | SH |  | SOLE |  | 9330 | 0 | 0 |
| DIMENSIONAL ETF TRUST | INTERNATNAL VAL | 25434V807 |  | 348896 | 8146 | SH |  | SOLE |  | 8146 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US SMALL CAP ETF | 25434V500 |  | 431316 | 6770 | SH |  | SOLE |  | 6770 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US EQUITY MARKET | 25434V401 |  | 601835 | 8980 | SH |  | SOLE |  | 8980 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 11324183 | 144792 | SH |  | SOLE |  | 0 | 0 | 144792 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 206006 | 1911 | SH |  | SOLE |  | 1911 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 318665 | 1925 | SH |  | SOLE |  | 0 | 0 | 1925 |
| FORD MTR CO | COM | 345370860 |  | 109857 | 10125 | SH |  | SOLE |  | 0 | 0 | 10125 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 360222 | 1222 | SH |  | SOLE |  | 1222 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 2196510 | 12086 | SH |  | SOLE |  | 12086 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 2493977 | 4521 | SH |  | SOLE |  | 4521 | 0 | 0 |
| ISHARES INC | MSCI EMRG CHN | 46434G764 |  | 250563 | 3968 | SH |  | SOLE |  | 3968 | 0 | 0 |
| ISHARES INC | MSCI WORLD ETF | 464286392 |  | 1583365 | 9348 | SH |  | SOLE |  | 9348 | 0 | 0 |
| ISHARES INC | ESG AWR MSCI EM | 46434G863 |  | 3361921 | 85829 | SH |  | SOLE |  | 85829 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 42016954 | 699933 | SH |  | SOLE |  | 699933 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 230659 | 2860 | SH |  | SOLE |  | 2860 | 0 | 0 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 231549 | 1185 | SH |  | SOLE |  | 1185 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 234494 | 2830 | SH |  | SOLE |  | 2830 | 0 | 0 |
| ISHARES TR | ESG AWRE 1 5 YR | 46435G243 |  | 292124 | 11606 | SH |  | SOLE |  | 11606 | 0 | 0 |
| ISHARES TR | ESG AWR US AGRGT | 46435U549 |  | 367770 | 7736 | SH |  | SOLE |  | 7736 | 0 | 0 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 451554 | 3400 | SH |  | SOLE |  | 3400 | 0 | 0 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 463241 | 3424 | SH |  | SOLE |  | 3424 | 0 | 0 |
| ISHARES TR | CORE MSCI EURO | 46434V738 |  | 537213 | 8115 | SH |  | SOLE |  | 8115 | 0 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 544115 | 4942 | SH |  | SOLE |  | 4942 | 0 | 0 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 579762 | 3346 | SH |  | SOLE |  | 3346 | 0 | 0 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 1192440 | 10177 | SH |  | SOLE |  | 10177 | 0 | 0 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 1207462 | 32190 | SH |  | SOLE |  | 32190 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 1221823 | 25328 | SH |  | SOLE |  | 25328 | 0 | 0 |
| ISHARES TR | U.S. FIN SVC ETF | 464287770 |  | 1231356 | 14385 | SH |  | SOLE |  | 14385 | 0 | 0 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 1258390 | 13298 | SH |  | SOLE |  | 13298 | 0 | 0 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 1411470 | 7267 | SH |  | SOLE |  | 7267 | 0 | 0 |
| ISHARES TR | S 100 ETF | 464287101 |  | 1473968 | 4843 | SH |  | SOLE |  | 4843 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 1487424 | 14994 | SH |  | SOLE |  | 14994 | 0 | 0 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 1857741 | 12352 | SH |  | SOLE |  | 12352 | 0 | 0 |
| ISHARES TR | ESG OPTIMIZED | 464288802 |  | 1869690 | 14751 | SH |  | SOLE |  | 14751 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 2253092 | 5307 | SH |  | SOLE |  | 5307 | 0 | 0 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 2359307 | 25653 | SH |  | SOLE |  | 25653 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 2504651 | 30003 | SH |  | SOLE |  | 30003 | 0 | 0 |
| ISHARES TR | ESG MSCI KLD 400 | 464288570 |  | 4903927 | 42217 | SH |  | SOLE |  | 42217 | 0 | 0 |
| ISHARES TR | ESG SELECT SCRE | 46436E551 |  | 5681682 | 136908 | SH |  | SOLE |  | 136908 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 6519032 | 68070 | SH |  | SOLE |  | 68070 | 0 | 0 |
| ISHARES TR | ESG AWARE MSCI | 46435U663 |  | 6566937 | 158890 | SH |  | SOLE |  | 158890 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 8335765 | 24548 | SH |  | SOLE |  | 24548 | 0 | 0 |
| ISHARES TR | ESG AW MSCI EAFE | 46435G516 |  | 8436554 | 94559 | SH |  | SOLE |  | 94559 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 14208356 | 130006 | SH |  | SOLE |  | 130006 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 16061864 | 179683 | SH |  | SOLE |  | 179683 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 16398445 | 75993 | SH |  | SOLE |  | 75993 | 0 | 0 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 17048608 | 126249 | SH |  | SOLE |  | 126249 | 0 | 0 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 29174857 | 456285 | SH |  | SOLE |  | 456285 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 41401917 | 667558 | SH |  | SOLE |  | 667558 | 0 | 0 |
| ISHARES TR | CORE MSCI INTL | 46435G326 |  | 90314371 | 1187722 | SH |  | SOLE |  | 1187722 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 141889029 | 228522 | SH |  | SOLE |  | 228272 | 0 | 250 |
| J P MORGAN EXCHANGE TRADED F | ACTIVE VALUE ETF | 46641Q167 |  | 745737 | 11385 | SH |  | SOLE |  | 11385 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 245928 | 1610 | SH |  | SOLE |  | 360 | 0 | 1250 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 1100209 | 3795 | SH |  | SOLE |  | 2045 | 0 | 1750 |
| KORN FERRY | COM NEW | 500643200 |  | 547996 | 7473 | SH |  | SOLE |  | 7473 | 0 | 0 |
| LITMAN GREGORY FDS TR | IMGP DBI MANAGED | 53700T827 |  | 30024191 | 1166894 | SH |  | SOLE |  | 1166894 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 347364 | 1589 | SH |  | SOLE |  | 1589 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 285158 | 976 | SH |  | SOLE |  | 976 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 19297323 | 26145 | SH |  | SOLE |  | 23 | 0 | 26122 |
| MICROSOFT CORP | COM | 594918104 |  | 20229158 | 40669 | SH |  | SOLE |  | 3962 | 0 | 36707 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 11693190 | 27810 | SH |  | SOLE |  | 0 | 0 | 27810 |
| NUSHARES ETF TR | NUVEEN ESG US | 67092P870 |  | 1228619 | 55194 | SH |  | SOLE |  | 55194 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 404455 | 2560 | SH |  | SOLE |  | 10 | 0 | 2550 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 5633876 | 34713 | SH |  | SOLE |  | 0 | 0 | 34713 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 4515874 | 50104 | SH |  | SOLE |  | 0 | 0 | 50104 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 14052500 | 189081 | SH |  | SOLE |  | 0 | 0 | 189081 |
| PEPSICO INC | COM | 713448108 |  | 237672 | 1800 | SH |  | SOLE |  | 0 | 0 | 1800 |
| PIMCO ETF TR | MULTISECTOR BD | 72201R585 |  | 271903 | 10245 | SH |  | SOLE |  | 10245 | 0 | 0 |
| POOL CORP | COM | 73278L105 |  | 3299783 | 11321 | SH |  | SOLE |  | 0 | 0 | 11321 |
| PROSHARES TR | SHORT S 500 NE | 74349Y753 |  | 372000 | 9375 | SH |  | SOLE |  | 9375 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 6773469 | 12846 | SH |  | SOLE |  | 0 | 0 | 12846 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 289185 | 10913 | SH |  | SOLE |  | 10913 | 0 | 0 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 |  | 327058 | 13415 | SH |  | SOLE |  | 13415 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 338556 | 13853 | SH |  | SOLE |  | 13853 | 0 | 0 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US L | 808524771 |  | 525249 | 21404 | SH |  | SOLE |  | 21404 | 0 | 0 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US B | 808524789 |  | 540435 | 22537 | SH |  | SOLE |  | 22537 | 0 | 0 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 547417 | 21637 | SH |  | SOLE |  | 21637 | 0 | 0 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL EMER | 808524730 |  | 734148 | 22240 | SH |  | SOLE |  | 22240 | 0 | 0 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 |  | 2214432 | 83000 | SH |  | SOLE |  | 83000 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 256352 | 3166 | SH |  | SOLE |  | 3166 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 431259 | 5085 | SH |  | SOLE |  | 5085 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 622463 | 2042 | SH |  | SOLE |  | 2042 | 0 | 0 |
| SPDR INDEX SHS FDS | GLB NAT RESRCE | 78463X541 |  | 366988 | 6766 | SH |  | SOLE |  | 6766 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 6315288 | 10221 | SH |  | SOLE |  | 10221 | 0 | 0 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 482641 | 852 | SH |  | SOLE |  | 852 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO SHORT | 78464A474 |  | 22588433 | 748209 | SH |  | SOLE |  | 748209 | 0 | 0 |
| SSGA ACTIVE ETF TR | SPDR TR TACTIC | 78467V848 |  | 7003091 | 174597 | SH |  | SOLE |  | 174597 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 12226420 | 53982 | SH |  | SOLE |  | 135 | 0 | 53847 |
| TCW ETF TRUST | FLEXIBLE INCOME | 29287L700 |  | 206324 | 5230 | SH |  | SOLE |  | 5230 | 0 | 0 |
| TCW ETF TRUST | TRANSFRM 500 ETF | 29287L106 |  | 13793978 | 189634 | SH |  | SOLE |  | 189634 | 0 | 0 |
| TCW STRATEGIC INCOME FD INC | COM | 872340104 |  | 79056 | 16200 | SH |  | SOLE |  | 16200 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 559887 | 530 | SH |  | SOLE |  | 0 | 0 | 530 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 244222 | 3325 | SH |  | SOLE |  | 0 | 0 | 3325 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 12492914 | 236743 | SH |  | SOLE |  | 0 | 0 | 236743 |
| UNITED RENTALS INC | COM | 911363109 |  | 4581020 | 6080 | SH |  | SOLE |  | 0 | 0 | 6080 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 7381274 | 23660 | SH |  | SOLE |  | 1 | 0 | 23659 |
| US BANCORP DEL | COM NEW | 902973304 |  | 1135232 | 25088 | SH |  | SOLE |  | 0 | 0 | 25088 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 397829 | 5055 | SH |  | SOLE |  | 0 | 0 | 5055 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 17424664 | 236652 | SH |  | SOLE |  | 236652 | 0 | 0 |
| VANGUARD INDEX FDS | EXTEND MKT ETF | 922908652 |  | 204376 | 1033 | SH |  | SOLE |  | 1033 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 307002 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 463059 | 1954 | SH |  | SOLE |  | 1954 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 1421860 | 15965 | SH |  | SOLE |  | 15965 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 3430694 | 19411 | SH |  | SOLE |  | 19411 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 29268764 | 104595 | SH |  | SOLE |  | 104595 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 79301183 | 260919 | SH |  | SOLE |  | 260919 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 140722250 | 247737 | SH |  | SOLE |  | 247737 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | 922042874 |  | 310155 | 4002 | SH |  | SOLE |  | 4002 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 622808 | 4846 | SH |  | SOLE |  | 4846 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 1867641 | 27784 | SH |  | SOLE |  | 27784 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 39720540 | 803084 | SH |  | SOLE |  | 803084 | 0 | 0 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 215634 | 4398 | SH |  | SOLE |  | 4398 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 |  | 9229919 | 105823 | SH |  | SOLE |  | 105823 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000IDX | 92206C730 |  | 19002426 | 67658 | SH |  | SOLE |  | 67658 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 8127527 | 39710 | SH |  | SOLE |  | 39710 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 95026836 | 1666845 | SH |  | SOLE |  | 1666845 | 0 | 0 |
| VANGUARD WORLD FD | MEGA GRWTH IND | 921910816 |  | 5942940 | 16230 | SH |  | SOLE |  | 16230 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 16938746 | 47708 | SH |  | SOLE |  | 4 | 0 | 47704 |
| WALMART INC | COM | 931142103 |  | 271536 | 2777 | SH |  | SOLE |  | 1027 | 0 | 1750 |
| WISDOMTREE TR | INTL EQUITY FD | 97717W703 |  | 444920 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 1210484 | 7762 | SH |  | SOLE |  | 1 | 0 | 7761 |

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