Elser Financial Planning, Inc Q2 2025 Filing

Filed July 17, 2025

Portfolio Value

$1.7B

Holdings

127

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (127 positions)

#	Stock	Shares	Value	% Portfolio
1	MBINMERCHANTS BANCORP IND	27,094,718	$934.5M	56.00%
2	DFCFDIMENSIONAL ETF TRUST	3,664,051	$153.2M	9.18%
3	DFAUDIMENSIONAL ETF TRUST	2,020,856	$86.2M	5.17%
4	DFUSDIMENSIONAL ETF TRUST	948,821	$64.0M	3.83%
5	DFICDIMENSIONAL ETF TRUST	2,072,975	$63.8M	3.82%
6	DFUVDIMENSIONAL ETF TRUST	955,604	$40.4M	2.42%
7	DFASDIMENSIONAL ETF TRUST	620,025	$39.9M	2.39%
8	DFATDIMENSIONAL ETF TRUST	705,637	$38.6M	2.31%
9	DFSDDIMENSIONAL ETF TRUST	744,424	$35.6M	2.14%
10	DFEMDIMENSIONAL ETF TRUST	983,024	$29.5M	1.77%
11	LLYELI LILLY & CO	20,128	$15.9M	0.95%
12	DFAXDIMENSIONAL ETF TRUST	524,030	$15.4M	0.92%
13	DFGRDIMENSIONAL ETF TRUST	426,112	$11.4M	0.68%
14	DFSIDIMENSIONAL ETF TRUST	229,002	$8.9M	0.53%
15	DFSUDIMENSIONAL ETF TRUST	206,613	$8.2M	0.49%
16	DCORDIMENSIONAL ETF TRUST	104,227	$7.0M	0.42%
17	DFSVDIMENSIONAL ETF TRUST	230,429	$6.9M	0.41%
18	SUSBISHARES TR	266,074	$6.7M	0.40%
19	DFAIDIMENSIONAL ETF TRUST	173,114	$5.9M	0.35%
20	AAPLAPPLE INC	25,668	$5.4M	0.32%
21	DFAEDIMENSIONAL ETF TRUST	176,830	$5.2M	0.31%
22	VOOVANGUARD INDEX FDS	8,710	$5.0M	0.30%
23	DFSEDIMENSIONAL ETF TRUST	124,892	$4.8M	0.29%
24	VCITVANGUARD SCOTTSDALE FDS	52,866	$4.3M	0.26%
25	SCHXSCHWAB STRATEGIC TR	135,020	$3.3M	0.20%
26	VTEBVANGUARD MUN BD FDS	65,021	$3.2M	0.19%
27	BROBROWN & BROWN INC	29,542	$3.1M	0.19%
28	SCHASCHWAB STRATEGIC TR	107,945	$2.8M	0.17%
29	SCHBSCHWAB STRATEGIC TR	103,498	$2.5M	0.15%
30	MSFTMICROSOFT CORP	4,878	$2.5M	0.15%
31	VCSHVANGUARD SCOTTSDALE FDS	31,039	$2.5M	0.15%
32	VBVANGUARD INDEX FDS	10,234	$2.4M	0.15%
33	SCHFSCHWAB STRATEGIC TR	93,063	$2.0M	0.12%
34	NVDANVIDIA CORPORATION	11,337	$1.9M	0.12%
35	BRK/BBERKSHIRE HATHAWAY INC DEL	4,038	$1.9M	0.11%
36	JPMJPMORGAN CHASE & CO.	5,689	$1.6M	0.10%
37	AMZNAMAZON COM INC	6,441	$1.4M	0.09%
38	JNJJOHNSON & JOHNSON	8,481	$1.3M	0.08%
39	NVONOVO-NORDISK A S	12,692	$1.3M	0.08%
40	QTECFIRST TR EXCHANGE-TRADED FD	5,783	$1.2M	0.07%
41	ORCLORACLE CORP	4,537	$1.1M	0.06%
42	FXLFIRST TR EXCHANGE TRADED FD	6,786	$1.1M	0.06%
43	USFRWISDOMTREE TR	19,875	$1.0M	0.06%
44	GOOGLALPHABET INC	5,175	$951K	0.06%
45	SCHGSCHWAB STRATEGIC TR	32,131	$947K	0.06%
46	UNPUNION PAC CORP	3,719	$860K	0.05%
47	VEAVANGUARD TAX-MANAGED FDS	15,245	$859K	0.05%
48	GOOGALPHABET INC	4,693	$859K	0.05%
49	SPYSPDR S&P 500 ETF TR	1,373	$854K	0.05%
50	SCHHSCHWAB STRATEGIC TR	38,119	$809K	0.05%
51	VIGVANGUARD SPECIALIZED FUNDS	3,652	$746K	0.04%
52	DFACDIMENSIONAL ETF TRUST	20,599	$744K	0.04%
53	PGPROCTER AND GAMBLE CO	4,490	$690K	0.04%
54	APHAMPHENOL CORP NEW	6,267	$623K	0.04%
55	NSCNORFOLK SOUTHN CORP	2,354	$611K	0.04%
56	DFIVDIMENSIONAL ETF TRUST	13,981	$596K	0.04%
57	SCHESCHWAB STRATEGIC TR	18,857	$574K	0.03%
58	EMXCISHARES INC	8,574	$543K	0.03%
59	CATCATERPILLAR INC	1,291	$533K	0.03%
60	VTVVANGUARD INDEX FDS	3,023	$532K	0.03%
61	KRKROGER CO	7,182	$516K	0.03%
62	FXDFIRST TR EXCHANGE TRADED FD	8,000	$516K	0.03%
63	ABBVABBVIE INC	2,633	$502K	0.03%
64	XLESELECT SECTOR SPDR TR	5,714	$496K	0.03%
65	DUSBDIMENSIONAL ETF TRUST	9,697	$493K	0.03%
66	SYKSTRYKER CORPORATION	1,252	$489K	0.03%
67	NDQINVESCO QQQ TR	863	$481K	0.03%
68	METAMETA PLATFORMS INC	682	$479K	0.03%
69	CBCHUBB LIMITED	1,711	$472K	0.03%
70	PEPPEPSICO INC	3,469	$470K	0.03%
71	VGTVANGUARD WORLD FD	688	$465K	0.03%
72	VTIVANGUARD INDEX FDS	1,426	$436K	0.03%
73	IVVISHARES TR	688	$430K	0.03%
74	CLCOLGATE PALMOLIVE CO	4,628	$406K	0.02%
75	AVGOBROADCOM INC	1,403	$394K	0.02%
76	CHTRCHARTER COMMUNICATIONS INC N	1,032	$392K	0.02%
77	LOWLOWES COS INC	1,803	$388K	0.02%
78	CSXCSX CORP	11,435	$383K	0.02%
79	VTECVANGUARD CALIF TAX FREE FDS	3,890	$377K	0.02%
80	VWOVANGUARD INTL EQUITY INDEX F	6,976	$349K	0.02%
81	COSTCOSTCO WHSL CORP NEW	360	$348K	0.02%
82	CVXCHEVRON CORP NEW	2,314	$347K	0.02%
83	INTUINTUIT	451	$337K	0.02%
84	MCDMCDONALDS CORP	1,115	$334K	0.02%
85	CSCOCISCO SYS INC	4,852	$327K	0.02%
86	GQ9SPDR GOLD TR	1,043	$322K	0.02%
87	DISDISNEY WALT CO	2,644	$317K	0.02%
88	ABTABBOTT LABS	2,376	$313K	0.02%
89	TXNTEXAS INSTRS INC	1,417	$307K	0.02%
90	XOMEXXON MOBIL CORP	2,712	$306K	0.02%
91	ALSALLSTATE CORP	1,543	$302K	0.02%
92	NEENEXTERA ENERGY INC	3,988	$298K	0.02%
93	ELVELEVANCE HEALTH INC	878	$295K	0.02%
94	TSLATESLA INC	946	$294K	0.02%
95	UNHUNITEDHEALTH GROUP INC	988	$289K	0.02%
96	VEUVANGUARD INTL EQUITY INDEX F	4,292	$287K	0.02%
97	SPSBSPDR SERIES TRUST	9,362	$281K	0.02%
98	EFAISHARES TR	3,163	$278K	0.02%
99	SPIBSPDR SERIES TRUST	8,347	$278K	0.02%
100	FHEQFIDELITY GREENWOOD STREET TR	9,484	$274K	0.02%

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