SCS Capital Management LLC Q3 2025 Filing

Filed November 13, 2025

Portfolio Value

$9.2B

Holdings

511

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (511 positions)

#	Stock	Shares	Value	% Portfolio
1	VGITVANGUARD SCOTTSDALE FDS	14,919,197	$895.6M	9.76%
2	VTIVANGUARD INDEX FDS	2,565,178	$842.1M	9.18%
3	IWVISHARES TR	1,866,416	$707.3M	7.71%
4	VEAVANGUARD TAX-MANAGED FDS	9,807,610	$587.7M	6.40%
5	SPYSPDR S&P 500 ETF TR	704,458	$469.8M	5.12%
6	SCHBSCHWAB STRATEGIC TR	12,199,923	$313.7M	3.42%
7	SCHFSCHWAB STRATEGIC TR	12,685,293	$295.3M	3.22%
8	VOOVANGUARD INDEX FDS	462,582	$284.0M	3.10%
9	QUALISHARES TR	1,244,123	$242.0M	2.64%
10	VYMVANGUARD WHITEHALL FDS	1,511,250	$213.0M	2.32%
11	VTVVANGUARD INDEX FDS	1,121,099	$209.2M	2.28%
12	SPYMSPDR SERIES TRUST	2,553,688	$200.1M	2.18%
13	VWOVANGUARD INTL EQUITY INDEX F	3,665,055	$198.6M	2.16%
14	SPYGSPDR SERIES TRUST	1,898,383	$198.4M	2.16%
15	AQLTISHARES TR	1,635,604	$142.8M	1.56%
16	VTEBVANGUARD MUN BD FDS	1,954,254	$97.8M	1.07%
17	IVVISHARES TR	124,576	$83.4M	0.91%
18	VONGVANGUARD SCOTTSDALE FDS	622,305	$75.0M	0.82%
19	VTVANGUARD INTL EQUITY INDEX F	538,183	$74.2M	0.81%
20	RSPINVESCO EXCHANGE TRADED FD T	381,978	$72.5M	0.79%
21	ALNYALNYLAM PHARMACEUTICALS INC	150,668	$68.7M	0.75%
22	VIGIVANGUARD WHITEHALL FDS	752,710	$67.4M	0.73%
23	IVWISHARES TR	499,052	$60.2M	0.66%
24	MSFTMICROSOFT CORP	114,206	$59.2M	0.64%
25	AAPLAPPLE INC	220,735	$56.2M	0.61%
26	EFAISHARES TR	594,990	$55.6M	0.61%
27	STIPISHARES TR	502,177	$51.9M	0.57%
28	ESGVVANGUARD WORLD FD	405,662	$48.0M	0.52%
29	VGLTVANGUARD SCOTTSDALE FDS	825,848	$47.0M	0.51%
30	VDEVANGUARD WORLD FD	340,165	$42.8M	0.47%
31	XPELXPEL INC	1,241,540	$41.1M	0.45%
32	XMESPDR SERIES TRUST	439,896	$41.0M	0.45%
33	IJHISHARES TR	626,053	$40.9M	0.45%
34	NYTNEW YORK TIMES CO	710,533	$40.8M	0.44%
35	AVGOBROADCOM INC	121,596	$40.1M	0.44%
36	BNDVANGUARD BD INDEX FDS	532,291	$39.6M	0.43%
37	VNQVANGUARD INDEX FDS	428,066	$39.1M	0.43%
38	JPMJPMORGAN CHASE & CO.	121,511	$38.3M	0.42%
39	IEMGISHARES INC	562,933	$37.1M	0.40%
40	IQLTISHARES TR	803,518	$35.5M	0.39%
41	VVVANGUARD INDEX FDS	113,230	$34.9M	0.38%
42	VBVANGUARD INDEX FDS	136,412	$34.7M	0.38%
43	IUSGISHARES TR	203,954	$33.6M	0.37%
44	IWFISHARES TR	70,927	$33.2M	0.36%
45	NVDANVIDIA CORPORATION	175,186	$32.7M	0.36%
46	METAMETA PLATFORMS INC	44,101	$32.4M	0.35%
47	SCHOSCHWAB STRATEGIC TR	1,323,278	$32.3M	0.35%
48	RTXRTX CORPORATION	190,753	$31.9M	0.35%
49	VSGXVANGUARD WORLD FD	457,022	$31.7M	0.35%
50	MDYSPDR S&P MIDCAP 400 ETF TR	53,046	$31.6M	0.34%
51	NDQINVESCO QQQ TR	52,394	$31.5M	0.34%
52	GQ9SPDR GOLD TR	86,490	$30.7M	0.34%
53	JNJJOHNSON & JOHNSON	165,665	$30.7M	0.33%
54	KOCOCA COLA CO	449,998	$30.0M	0.33%
55	HCAHCA HEALTHCARE INC	68,003	$29.0M	0.32%
56	DWDMORGAN STANLEY	165,004	$26.2M	0.29%
57	VIGVANGUARD SPECIALIZED FUNDS	120,613	$26.1M	0.28%
58	PDBCINVESCO ACTVELY MNGD ETC FD	1,938,452	$26.0M	0.28%
59	SCHESCHWAB STRATEGIC TR	746,002	$24.9M	0.27%
60	AGIOAGIOS PHARMACEUTICALS INC	598,765	$24.0M	0.26%
61	AMZNAMAZON COM INC	105,925	$23.3M	0.25%
62	EVLVEVOLV TECHNOLOGIES HLDNGS IN	3,144,029	$23.0M	0.25%
63	VGTVANGUARD WORLD FD	29,670	$22.2M	0.24%
64	WMTWALMART INC	208,603	$21.5M	0.23%
65	VMCVULCAN MATLS CO	66,590	$20.5M	0.22%
66	VUGVANGUARD INDEX FDS	40,629	$19.5M	0.21%
67	IWBISHARES TR	51,529	$18.8M	0.21%
68	TRGPTARGA RES CORP	110,857	$18.6M	0.20%
69	PHMPULTE GROUP INC	140,511	$18.6M	0.20%
70	TFCTRUIST FINL CORP	387,828	$17.7M	0.19%
71	MUFGMITSUBISHI UFJ FINL GROUP IN	1,111,589	$17.7M	0.19%
72	NSCNORFOLK SOUTHN CORP	57,089	$17.2M	0.19%
73	MUBISHARES TR	156,628	$16.7M	0.18%
74	IJRISHARES TR	138,084	$16.4M	0.18%
75	VENVENTAS INC	231,549	$16.3M	0.18%
76	CCEPCOCA-COLA EUROPACIFIC PARTNE	179,717	$16.2M	0.18%
77	QCOMQUALCOMM INC	96,431	$16.0M	0.17%
78	HIWHIGHWOODS PPTYS INC	504,135	$16.0M	0.17%
79	GOOGALPHABET INC	65,454	$15.9M	0.17%
80	BRK/BBERKSHIRE HATHAWAY INC DEL	30,200	$15.2M	0.17%
81	TSMTAIWAN SEMICONDUCTOR MFG LTD	53,558	$15.0M	0.16%
82	SPDWSPDR INDEX SHS FDS	349,062	$14.9M	0.16%
83	EEMISHARES TR	277,203	$14.8M	0.16%
84	AGGISHARES TR	146,462	$14.7M	0.16%
85	TSLXSIXTH STREET SPECIALTY LENDI	636,338	$14.5M	0.16%
86	ORCLORACLE CORP	51,690	$14.5M	0.16%
87	SHELSHELL PLC	202,215	$14.5M	0.16%
88	DKSDICKS SPORTING GOODS INC	64,284	$14.3M	0.16%
89	CVXCHEVRON CORP NEW	90,767	$14.1M	0.15%
90	AZNASTRAZENECA PLC	183,607	$14.1M	0.15%
91	ULUNILEVER PLC	221,807	$13.1M	0.14%
92	VEUVANGUARD INTL EQUITY INDEX F	182,894	$13.1M	0.14%
93	AQLTISHARES TR	549,676	$12.7M	0.14%
94	GSGOLDMAN SACHS GROUP INC	15,873	$12.6M	0.14%
95	TOSTTOAST INC	336,630	$12.3M	0.13%
96	SCHXSCHWAB STRATEGIC TR	464,681	$12.2M	0.13%
97	CINFCINCINNATI FINL CORP	74,952	$11.9M	0.13%
98	IWDISHARES TR	57,358	$11.7M	0.13%
99	RELXRELX PLC	240,534	$11.5M	0.13%
100	IWMISHARES TR	47,396	$11.5M	0.12%

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