Flagstone Financial Management Q4 2025 Filing

Filed February 9, 2026

Portfolio Value

$389.9M

Holdings

66

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (66 positions)

#StockSharesValue% PortfolioType
1
DFUSDIMENSIONAL ETF TRUST
1,486,333$110.2M28.27%
2
IGIBISHARES TR
760,236$41.0M10.51%
3
SPDWSPDR INDEX SHS FDS
657,191$29.2M7.48%
4
SPSBSPDR SERIES TRUST
852,175$25.7M6.60%
5
SPTISPDR SERIES TRUST
822,162$23.7M6.08%
6
BNDXVANGUARD CHARLOTTE FDS
438,274$21.2M5.43%
7
AVUVAMERICAN CENTY ETF TR
191,469$19.5M5.01%
8
DFEMDIMENSIONAL ETF TRUST
492,792$16.3M4.18%
9
AVUSAMERICAN CENTY ETF TR
133,728$14.9M3.83%
10
AVDVAMERICAN CENTY ETF TR
154,223$14.5M3.72%
11
VNQVANGUARD INDEX FDS
112,150$9.9M2.55%
12
AVEMAMERICAN CENTY ETF TR
94,704$7.3M1.87%
13
BRK/BBERKSHIRE HATHAWAY INC DEL
12,189$6.1M1.57%
14
MUNIPIMCO ETF TR
115,713$6.1M1.56%
15
AVDEAMERICAN CENTY ETF TR
52,904$4.4M1.12%
16
MUBISHARES TR
29,842$3.2M0.82%
17
AAPLAPPLE INC
11,583$3.1M0.81%
18
MSFTMICROSOFT CORP
5,155$2.5M0.64%
19
DFSUDIMENSIONAL ETF TRUST
51,893$2.3M0.58%
20
SUSBISHARES TR
86,842$2.2M0.56%
21
SPTMSPDR SERIES TRUST
25,023$2.1M0.53%
22
USBUS BANCORP DEL
24,526$1.3M0.34%
23
AVREAMERICAN CENTY ETF TR
28,087$1.2M0.31%
24
JPMJPMORGAN CHASE & CO.
3,542$1.1M0.29%
25
WFCWELLS FARGO CO NEW
11,846$1.1M0.28%
26
DFSVDIMENSIONAL ETF TRUST
32,265$1.1M0.27%
27
DFAEDIMENSIONAL ETF TRUST
31,663$1.0M0.26%
28
NVDANVIDIA CORPORATION
5,037$939K0.24%
29
DFSBDIMENSIONAL ETF TRUST
17,887$926K0.24%
30
GOOGALPHABET INC
2,877$902K0.23%
31
DFSIDIMENSIONAL ETF TRUST
19,147$820K0.21%
32
XOMEXXON MOBIL CORP
6,680$803K0.21%
33
BRK-BBERKSHIRE HATHAWAY INC DEL
1$754K0.19%
34
IWRISHARES TR
7,823$753K0.19%
35
VIGVANGUARD SPECIALIZED FUNDS
3,331$732K0.19%
36
VTIVANGUARD INDEX FDS
2,088$699K0.18%
37
MAMASTERCARD INCORPORATED
1,090$622K0.16%
38
VGITVANGUARD SCOTTSDALE FDS
10,029$601K0.15%
39
MKLMARKEL GROUP INC
254$546K0.14%
40
DFSEDIMENSIONAL ETF TRUST
12,611$523K0.13%
41
DFARDIMENSIONAL ETF TRUST
21,166$484K0.12%
42
DEDEERE & CO
1,032$480K0.12%
43
IWMISHARES TR
1,758$432K0.11%
44
SPIBSPDR SERIES TRUST
11,531$389K0.10%
45
DFIVDIMENSIONAL ETF TRUST
7,651$381K0.10%
46
JNJJOHNSON & JOHNSON
1,811$374K0.10%
47
ELSEQUITY LIFESTYLE PPTYS INC
6,065$367K0.09%
48
BACBANK AMERICA CORP
6,436$353K0.09%
49
NDQINVESCO QQQ TR
552$339K0.09%
50
AMZNAMAZON COM INC
1,469$339K0.09%
51
GOOGLALPHABET INC
987$308K0.08%
52
WMTWALMART INC
2,745$305K0.08%
53
BOCBOSTON OMAHA CORP
24,215$299K0.08%
54
PEPPEPSICO INC
2,000$287K0.07%
55
XLFSELECT SECTOR SPDR TR
5,227$286K0.07%
56
ROKROCKWELL AUTOMATION INC
681$264K0.07%
57
UNPUNION PAC CORP
1,093$252K0.06%
58
ORCLORACLE CORP
1,277$248K0.06%
59
DFATDIMENSIONAL ETF TRUST
4,113$244K0.06%
60
IEIISHARES TR
2,042$243K0.06%
61
SHOPSHOPIFY INC
1,480$238K0.06%
62
SPYSPDR S&P 500 ETF TR
337$230K0.06%
63
VEAVANGUARD TAX-MANAGED FDS
3,596$224K0.06%
64
XLKSELECT SECTOR SPDR TR
1,522$219K0.06%
65
AQLTISHARES TR
2,418$216K0.06%
66
ETNEATON CORP PLC
664$211K0.05%