PHILLIPS FINANCIAL MANAGEMENT, LLC Q1 2020 Filing

Filed May 15, 2020

Portfolio Value

$504.2B

Holdings

Report Date

Q1 2020

Filing Type

13F-HR

All Holdings (82 positions)

#	Stock	Shares	Value	% Portfolio
1	IVVISHARES S&P 500 INDEX	185,526	$45.8B	9.08%
2	AGGISHARES AGGREGATE BOND ETF	390,103	$44.8B	8.88%
3	IJHISHARES CORE S&P MID CAP ETF	238,151	$32.3B	6.40%
4	IVEISHARES S&P 500 VALUE ETF	316,059	$29.1B	5.76%
5	IXUSISHARES CORE MSCI TOTAL INTERNATIONAL STOCK ETF	602,842	$27.0B	5.36%
6	BNDXVANGUARD TOTAL INTERNATIONAL BOND ETF	413,326	$23.2B	4.60%
7	BNDVANGUARD TOTAL BOND MARKET INDEX FUND	214,500	$18.4B	3.64%
8	LRGFISHARES EDGE MSCI MULTIFACTOR USA ETF	681,287	$17.1B	3.40%
9	VXUSVANGUARD TOTAL INTERNATIONAL STOCK ETF	418,350	$16.9B	3.35%
10	IAGGISHARES CORE INTERNATIONAL AGGREGATE BOND FUND	297,180	$16.2B	3.21%
11	VNQVANGUARD REIT ETF	240,950	$15.7B	3.12%
12	VCITVANGUARD INTERMEDIATE TERM CORP BOND FD ETF	165,061	$14.2B	2.82%
13	VOVANGUARD MID-CAP INDEX FUND	105,590	$13.2B	2.62%
14	IJSISHARES S&P SMALL-CAP 600 VALUE ETF	115,570	$10.8B	2.13%
15	ISTBISHARES CORE 1-5 YEAR USD BOND ETF	189,087	$9.5B	1.89%
16	TIPISHARES TIPS BOND ETF	74,988	$8.9B	1.76%
17	VEUVANGUARD FTSE ALL-WORLD EX US INDEX FUND	212,336	$8.3B	1.65%
18	BIVVANGUARD INTERMEDIATE-TERM BOND INDEX FUND	90,585	$8.1B	1.60%
19	INTFISHARES EDGE MSCI MULTIFACTOR INTL ETF	409,022	$8.0B	1.58%
20	VOOVVANGUARD S&P 500 VALUE ETF	87,391	$7.8B	1.54%
21	VOOVANGUARD S&P 500 ETF	31,387	$7.1B	1.41%
22	IJRISHARES S&P SMALL-CAP FUND	115,622	$6.0B	1.20%
23	EFAISHARES MSCI EAFE ETF	113,902	$5.8B	1.15%
24	VBRVANGUARD SMALL-CAP VALUE INDEX FUND	67,667	$5.6B	1.12%
25	VCSHVANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	65,919	$5.2B	1.03%
26	VTEBVANGUARD TAX-EXEMPT BOND ETF	88,907	$4.6B	0.92%
27	MUBISHARES AMT-FREE MUNI BOND ETF	41,176	$4.5B	0.90%
28	STTSPDR HIGH YIELD BOND ETF	48,838	$4.5B	0.89%
29	MGVVANGUARD MEGA CAP VALUE ETF	66,233	$4.2B	0.83%
30	VTIPVANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETF	80,354	$3.9B	0.78%
31	BSVVANGUARD SHORT TERM BOND	43,437	$3.6B	0.71%
32	VTVVANGUARD VALUE INDEX FUND	39,666	$3.4B	0.67%
33	SMLFISHARES EDGE MSCI MULTIFACTOR USA SMALL-CAP ETF	116,179	$3.2B	0.64%
34	—ISHARES IBONDS SEP 2020 TERM MUNI BOND ETF	127,331	$3.2B	0.64%
35	MGCVANGUARD MEGA CAP ETF	35,607	$3.1B	0.61%
36	SUBISHARES TRS&P SHORT TERM NATL MUNICIPAL BD FD	28,494	$3.0B	0.60%
37	RWRSPDR DJ WILSHIRE REIT (ETF)	39,758	$2.7B	0.53%
38	IJJISHARES S&P MIDCAP 400 VALUE ETF	25,256	$2.6B	0.52%
39	VVVANGUARD LARGE-CAP INDEX FUND	22,989	$2.6B	0.52%
40	EMGFISHARES EDGE MSCI MULTIFACTOR EMERGING MARKETS ETF	76,457	$2.5B	0.50%
41	USHYISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF	72,670	$2.5B	0.50%
42	IUSBISHARES CORE TOTAL USD BOND MARKET ETF	46,184	$2.4B	0.48%
43	SPIPSPDR BARCLAYS CAP TIPS CAPITAL TIPS ETF	80,304	$2.3B	0.46%
44	REETISHARES IBONDS DEC 2021 TERM MUNI BOND ETF	83,951	$2.1B	0.42%
45	—ISHARES IBONDS DEC 2022 TERM MUNI BOND ETF	78,444	$2.0B	0.40%
46	IWRISHARES RUSSELL MID-CAP ETF	48,537	$2.0B	0.40%
47	AQLTISHARES CORE MSCI EAFE	40,701	$1.9B	0.38%
48	IWBISHARES RUSSELL 1000 ETF	14,249	$1.9B	0.38%
49	USRTISHARES CORE U.S. REIT ETF	50,800	$1.8B	0.37%
50	SYSBISHARES EDGE U.S. FIXED INCOME BALANCED RISK ETF	18,502	$1.8B	0.36%
51	IVOOVANGUARD S&P MID-CAP 400 ETF	17,010	$1.6B	0.31%
52	VTIVANGUARD TOTAL STOCK MARKET INDEX FUND	12,426	$1.5B	0.30%
53	SCHZSCHWAB US AGGREGATE BOND ETF	27,386	$1.5B	0.30%
54	VBVANGUARD SMALL CAP ETF	13,376	$1.4B	0.29%
55	IWDISHARES RUSSELL 1000 VALUE ETF	14,782	$1.4B	0.28%
56	SCHXSCHWAB STRATEGIC TR US LRG CAP ETF	21,300	$1.2B	0.25%
57	BLVVANGUARD LONG-TERM BOND INDEX FUND	11,519	$1.2B	0.24%
58	ITOTISHARES TR S&P 1500 INDEX FD	22,199	$1.2B	0.24%
59	STIPISHARES 0-5 YEAR TIPS BOND ETF	11,955	$1.2B	0.24%
60	VWOVANGUARD FTSE EMERGING MARKETS ETF	35,545	$1.1B	0.23%
61	JPMJP MORGAN CHASE & CO	13,270	$1.1B	0.22%
62	VEAVANGUARD FTSE DEVELOPED MARKETS ETF	32,172	$1.0B	0.20%
63	VXFVANGUARD EXTENDED MARKET ETF	11,536	$981.0M	0.19%
64	IGIBISHARES INTERMEDIATE CREDIT BOND ETF	17,488	$951.0M	0.19%
65	VOEVANGUARD INDEX FDS MID-CAP VALUE INDEX VIPER SHS ETF	11,164	$858.0M	0.17%
66	SPDWSPDR S&P WORLD EX-US ETF	30,161	$690.0M	0.14%
67	SCHASCHWAB ETFS- US SMALL-CAP ETF	12,584	$607.0M	0.12%
68	SPIBSPDR PORTFOLIO INTERMEDIATE TERM CORPORATE BOND ETF	17,642	$595.0M	0.12%
69	IAUUSDISHARES GOLD TRUST ETF	38,693	$587.0M	0.12%
70	IGSBISHARES 1-3 YR CREDIT BOND ETF	11,061	$575.0M	0.11%
71	IUSVISHARES CORE S&P U.S. VALUE ETF	12,895	$568.0M	0.11%
72	ICSHISHARES LIQUIDITY INCOME ETF	11,299	$564.0M	0.11%
73	IEMGISHARES CORE MSCI EMERGING MKTS	13,835	$537.0M	0.11%
74	AQLTISHARES IBONDS DEC 2023 TERM MUNI BOND ETF	20,947	$533.0M	0.11%
75	LNCLINCOLN NATIONAL CORP IND	21,991	$524.0M	0.10%
76	GNRSPDR S&P GLOBAL NATURAL RESOURCES ETF	16,981	$513.0M	0.10%
77	VNQIVANGUARD GLOBAL EX-U.S. REAL ESTATE ETF	12,154	$503.0M	0.10%
78	SPYVSPDR PORTFOLIO S&P 500 VALUE ETF	17,157	$424.0M	0.08%
79	SPSBSPDR PORTFOLIO SHORT TERM CORPORATE BOND ETF	13,070	$394.0M	0.08%
80	ON1OLD NATL BANCORP IND COM	26,532	$333.0M	0.07%
81	IGEISHARES NORTH AMERICAN NATURAL RESOURCES	16,499	$265.0M	0.05%
82	ATECALPHATEC HOLDINGS INC COM NEW	67,757	$207.0M	0.04%