Tolleson Wealth Management, Inc. Q1 2025 Filing

Filed May 15, 2025

Portfolio Value

$518.2M

Holdings

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (85 positions)

#	Stock	Shares	Value	% Portfolio
1	LRGFISHARES U.S. EQUITY FACTOR ETF	1,884,073	$109.0M	21.04%
2	QUSSPDR MSCI USA STRATEGICFACTORS ETF	584,558	$91.6M	17.67%
3	INTFISHARES INTERNATIONAL EQUITY FACTOR ETF	2,732,428	$84.3M	16.26%
4	ITOTISHARES CORE S&P TOTAL U.S. STOCK MARKET ETF	278,004	$33.9M	6.54%
5	HIMUISHARES HIGH YIELD MUNI ACTIVE ETF	412,393	$20.4M	3.94%
6	VONGVANGUARD RUSSELL 1000 GROWTH ETF	213,600	$19.8M	3.82%
7	VEUVANGUARD FTSE ALL-WORLD EX-US INDEX FUND	298,150	$18.1M	3.49%
8	SPYSPDR S&P 500 ETF TRUST	28,839	$16.2M	3.12%
9	IQLTISHARES MSCI INTL QUALITY FACTOR ETF	282,340	$11.2M	2.16%
10	EFAISHARES MSCI EAFE ETF	98,475	$8.0M	1.55%
11	UCONFIRST TRUST TCW UNCONSTRAINED PLUS BOND ETF	284,223	$7.0M	1.36%
12	USHYISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF	173,435	$6.4M	1.23%
13	IWFISHARES RUSSELL 1000 GROWTH ETF	16,917	$6.1M	1.18%
14	IWRISHARES RUSSELL MIDCAP ETF	70,479	$6.0M	1.16%
15	IWDISHARES RUSSELL 1000 VALUE ETF	23,591	$4.4M	0.86%
16	VOTETCW TRANSFORM 500 ETF	66,650	$4.4M	0.84%
17	VTHRVANGUARD RUSSELL 3000 ETF	16,701	$4.1M	0.80%
18	AAXJISHARES MSCI ALL COUNTRY ASIA EX JAPAN ETF	43,896	$3.2M	0.63%
19	NULCNUVEEN ESG LARGE-CAP ETF	74,068	$3.2M	0.63%
20	IWPISHARES RUSSELL MID-CAP GROWTH ETF	26,836	$3.2M	0.61%
21	MAMASTERCARD INCORPORATED CL A	5,388	$3.0M	0.57%
22	IWVISHARES RUSSELL 3000 ETF	9,066	$2.9M	0.56%
23	IVVISHARES CORE S&P 500 ETF	4,923	$2.8M	0.53%
24	VEAVANGUARD FTSE DEVELOPED MARKETS ETF	44,361	$2.3M	0.44%
25	MSFTMICROSOFT CORP COM	5,218	$2.0M	0.38%
26	XSMOINVESCO S&P SMALLCAP MOMENTUM ETF	29,468	$1.8M	0.36%
27	AAPLAPPLE INC COM	7,670	$1.7M	0.33%
28	VGKVANGUARD FTSE EUROPE ETF	24,212	$1.7M	0.33%
29	SCHBSCHWAB U.S. BROAD MARKET ETF	78,212	$1.7M	0.32%
30	UNHUNITEDHEALTH GROUP INC COM	2,942	$1.5M	0.30%
31	SHYMISHARES HIGH YIELD MUNI INCOME ACTIVE ETF	67,570	$1.5M	0.30%
32	XSVMINVESCO S&P SMALLCAP VALUE WITH MOMENTUM ETF	30,000	$1.5M	0.29%
33	GSGOLDMAN SACHS GROUP INC COM	2,683	$1.5M	0.28%
34	GQ9SPDR GOLD SHARES	4,956	$1.4M	0.28%
35	USIGISHARES BROAD USD INVESTMENT GRADE CORPORATE BOND ETF	27,898	$1.4M	0.27%
36	VOOVANGUARD S&P 500 ETF	2,407	$1.2M	0.24%
37	NVDANVIDIA CORPORATION COM	11,300	$1.2M	0.24%
38	OWNSImpact Shares Affordable Housing MBS ETF	70,676	$1.2M	0.24%
39	BTCOINVESCO GALAXY BITCOIN ETF	14,000	$1.2M	0.22%
40	VXUSVANGUARD TOTAL INTERNATIONAL STOCK ETF	16,806	$1.0M	0.20%
41	NUEMNUVEEN ESG EMERGING MARKETS EQUITY ETF	35,039	$1.0M	0.20%
42	IEMGISHARES CORE MSCI EMERGING MARKETS ETF	18,546	$1.0M	0.19%
43	VVISA INC COM CL A	2,809	$984K	0.19%
44	AGGISHARES CORE U.S. AGGREGATE BOND ETF	9,649	$954K	0.18%
45	VGSHVANGUARD SHORT-TERM TREASURY ETF	16,164	$949K	0.18%
46	USMVISHARES MSCI USA MIN VOL FACTOR ETF	10,025	$939K	0.18%
47	ADBEADOBE INC COM	2,259	$866K	0.17%
48	USACUSA COMPRESSION PARTNERS LP COMUNIT LTDPAR	30,837	$832K	0.16%
49	AMZNAMAZON COM INC COM	3,960	$753K	0.15%
50	EUSAISHARES MSCI USA EQUAL WEIGHTED ETF	7,978	$747K	0.14%
51	NUDMNUVEEN ESG INTERNATIONAL DEVELOPED MARKETS EQUITY ETF	21,979	$700K	0.14%
52	ADPAUTOMATIC DATA PROCESSING INC COM	2,205	$677K	0.13%
53	GNRSPDR S&P GLOBAL NATURAL RESOURCES ETF	12,566	$669K	0.13%
54	EFAVISHARES MSCI EAFE MIN VOL FACTOR ETF	8,545	$666K	0.13%
55	SDGISHARES MSCI GLOBAL SUSTAINABLE DEVELOPMENT GOALS ETF	8,980	$650K	0.13%
56	DHID R HORTON INC COM	4,901	$623K	0.12%
57	INTUINTUIT COM	969	$595K	0.11%
58	SYYSYSCO CORP COM	7,908	$593K	0.11%
59	ICFISHARES SELECT U.S. REIT ETF	9,077	$559K	0.11%
60	IWBISHARES RUSSELL 1000 ETF	1,690	$518K	0.10%
61	QUALISHARES MSCI USA QUALITY FACTOR ETF	2,957	$505K	0.10%
62	HYGISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF	6,272	$495K	0.10%
63	XLKTECHNOLOGY SELECT SECTOR SPDR FUND	2,056	$425K	0.08%
64	VBVANGUARD SMALL-CAP ETF	1,761	$391K	0.08%
65	VPLVANGUARD FTSE PACIFIC ETF	5,004	$363K	0.07%
66	MINMFS INTER INCOME TR SH BEN INT	129,626	$349K	0.07%
67	BKTBLACKROCK INCOME TR INC COM NEW	28,485	$338K	0.07%
68	XLVHEALTH CARE SELECT SECTOR SPDR FUND	2,311	$337K	0.07%
69	XLUUTILITIES SELECT SECTOR SPDR FUND	4,213	$332K	0.06%
70	XLFICONSUMER STAPLES SELECT SECTOR SPDR FUND	4,053	$331K	0.06%
71	VTECVANGUARD CALIFORNIA TAX-EXEMPT BOND ETF	3,300	$325K	0.06%
72	BHKBLACKROCK CORE BD TR SHS BEN INT	29,548	$321K	0.06%
73	SBUXSTARBUCKS CORP COM	3,201	$314K	0.06%
74	EEMAISHARES MSCI EMERGING MARKETS ASIA ETF	3,872	$287K	0.06%
75	ABTABBOTT LABS COM	2,159	$286K	0.06%
76	CBRECBRE GROUP INC CL A	2,000	$262K	0.05%
77	VUGVANGUARD GROWTH ETF	705	$261K	0.05%
78	SPABSPDR PORTFOLIO AGGREGATE BOND ETF	10,180	$260K	0.05%
79	VOVANGUARD MID-CAP ETF	1,004	$260K	0.05%
80	EEMVISHARES MSCI EMERGING MARKETS MIN VOL FACTOR ETF	3,888	$227K	0.04%
81	AMGAFFILIATED MANAGERS GROUP INC COM	1,319	$222K	0.04%
82	KROKRONOS WORLDWIDE INC COM	29,245	$219K	0.04%
83	BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEW	403	$215K	0.04%
84	XTISHARES EXPONENTIAL TECHNOLOGIES ETF	3,511	$202K	0.04%
85	ELLAUDER ESTEE COS INC CL A	3,047	$201K	0.04%