Tolleson Wealth Management, Inc. Q3 2025 Filing

Filed November 14, 2025

Portfolio Value

$646.4B

Holdings

90

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (90 positions)

#StockSharesValue% PortfolioType
1
LRGFISHARES U.S. EQUITY FACTOR ETF
2,220,567$153.4B23.73%
2
INTFISHARES INTERNATIONAL EQUITY FACTOR ETF
2,986,411$107.2B16.59%
3
QUSSPDR MSCI USA STRATEGICFACTORS ETF
557,208$95.4B14.76%
4
ITOTISHARES CORE S&P TOTAL U.S. STOCK MARKET ETF
273,725$39.9B6.17%
5
VONGVANGUARD RUSSELL 1000 GROWTH ETF
230,015$27.7B4.29%
6
HIMUISHARES HIGH YIELD MUNI ACTIVE ETF
548,256$27.0B4.17%
7
VEUVANGUARD FTSE ALL-WORLD EX-US INDEX FUND
305,507$21.8B3.37%
8
SPYSPDR S&P 500 ETF TRUST
27,787$18.5B2.86%
9
IQLTISHARES MSCI INTL QUALITY FACTOR ETF
264,455$11.7B1.81%
10
VOOVANGUARD S&P 500 ETF
16,617$10.2B1.58%
11
EFAISHARES MSCI EAFE ETF
96,819$9.0B1.40%
12
UCONFIRST TRUST SMITH UNCONSTRAINED BOND ETF
315,299$7.9B1.23%
13
IWFISHARES RUSSELL 1000 GROWTH ETF
16,325$7.6B1.18%
14
IWRISHARES RUSSELL MIDCAP ETF
69,685$6.7B1.04%
15
USHYISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF
157,864$6.0B0.92%
16
VOTETCW TRANSFORM 500 ETF
66,745$5.2B0.81%
17
VTHRVANGUARD RUSSELL 3000 ETF
16,701$4.9B0.76%
18
GLXYGALAXY DIGITAL INC. CL A
145,000$4.9B0.76%
19
IWDISHARES RUSSELL 1000 VALUE ETF
23,267$4.7B0.73%
20
NULCNUVEEN ESG LARGE-CAP ETF
75,868$4.0B0.61%
21
AAXJISHARES MSCI ALL COUNTRY ASIA EX JAPAN ETF
43,301$3.9B0.61%
22
IWPISHARES RUSSELL MID-CAP GROWTH ETF
26,171$3.7B0.58%
23
IWVISHARES RUSSELL 3000 ETF
9,066$3.4B0.53%
24
IVVISHARES CORE S&P 500 ETF
4,656$3.1B0.48%
25
MAMASTERCARD INCORPORATED CL A
5,388$3.1B0.47%
26
MSFTMICROSOFT CORP COM
5,876$3.0B0.47%
27
AAPLAPPLE INC COM
10,537$2.7B0.42%
28
NUEMNUVEEN ESG EMERGING MARKETS EQUITY ETF
61,079$2.2B0.34%
29
XSMOINVESCO S&P SMALLCAP MOMENTUM ETF
29,468$2.2B0.34%
30
GSGOLDMAN SACHS GROUP INC COM
2,705$2.2B0.33%
31
VGKVANGUARD FTSE EUROPE ETF
23,828$1.9B0.29%
32
SCHBSCHWAB U.S. BROAD MARKET ETF
68,637$1.8B0.27%
33
NVDANVIDIA CORPORATION COM
9,210$1.7B0.27%
34
GQ9SPDR GOLD SHARES
4,811$1.7B0.26%
35
VEAVANGUARD FTSE DEVELOPED MARKETS ETF
28,361$1.7B0.26%
36
XSVMINVESCO S&P SMALLCAP VALUE WITH MOMENTUM ETF
30,000$1.7B0.26%
37
USIGISHARES BROAD USD INVESTMENT GRADE CORPORATE BOND ETF
31,862$1.7B0.26%
38
BTCOINVESCO GALAXY BITCOIN ETF
13,030$1.5B0.23%
39
SHYMISHARES SHORT DURATION HIGH YIELD MUNI ACTIVE ETF
65,600$1.5B0.23%
40
IEMGISHARES CORE MSCI EMERGING MARKETS ETF
20,020$1.3B0.20%
41
OWNSImpact Shares Affordable Housing MBS ETF
71,101$1.3B0.19%
42
VXUSVANGUARD TOTAL INTERNATIONAL STOCK ETF
15,574$1.1B0.18%
43
UNHUNITEDHEALTH GROUP INC COM
3,029$1.0B0.16%
44
RRBIRED RIVER BANCSHARES INC COM
15,041$975.0M0.15%
45
AMZNAMAZON COM INC COM
4,435$973.8M0.15%
46
USMVISHARES MSCI USA MIN VOL FACTOR ETF
9,890$941.0M0.15%
47
AGGISHARES CORE U.S. AGGREGATE BOND ETF
9,247$927.0M0.14%
48
NUDMNUVEEN ESG INTERNATIONAL DEVELOPED MARKETS EQUITY ETF
22,979$864.5M0.13%
49
DHID R HORTON INC COM
4,964$841.2M0.13%
50
EUSAISHARES MSCI USA EQUAL WEIGHTED ETF
7,978$821.5M0.13%
51
ADBEADOBE INC COM
2,259$796.9M0.12%
52
SDGISHARES MSCI GLOBAL SUSTAINABLE DEVELOPMENT GOALS ETF
8,980$747.1M0.12%
53
USACUSA COMPRESSION PARTNERS LP COMUNIT LTDPAR
30,837$740.1M0.11%
54
EFAVISHARES MSCI EAFE MIN VOL FACTOR ETF
8,177$693.7M0.11%
55
ADPAUTOMATIC DATA PROCESSING INC COM
2,251$664.1M0.10%
56
INTUINTUIT COM
969$661.7M0.10%
57
XLKTECHNOLOGY SELECT SECTOR SPDR FUND
2,334$657.9M0.10%
58
SYYSYSCO CORP COM
7,908$651.1M0.10%
59
IWBISHARES RUSSELL 1000 ETF
1,690$617.7M0.10%
60
QUALISHARES MSCI USA QUALITY FACTOR ETF
2,957$575.1M0.09%
61
ICFISHARES SELECT U.S. REIT ETF
8,848$545.2M0.08%
62
VGSHVANGUARD SHORT-TERM TREASURY ETF
8,832$519.8M0.08%
63
NTAPNETAPP INC COM
4,370$517.7M0.08%
64
HYGISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF
6,373$517.4M0.08%
65
VVISA INC COM CL A
1,446$493.5M0.08%
66
VBVANGUARD SMALL-CAP ETF
1,761$449.2M0.07%
67
VPLVANGUARD FTSE PACIFIC ETF
5,004$439.6M0.07%
68
BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEW
780$392.1M0.06%
69
XLUUTILITIES SELECT SECTOR SPDR FUND
4,213$367.4M0.06%
70
EEMAISHARES MSCI EMERGING MARKETS ASIA ETF
3,872$355.3M0.05%
71
MINMFS INTER INCOME TR SH BEN INT
129,626$347.4M0.05%
72
ABTABBOTT LABS COM
2,563$343.3M0.05%
73
CATCATERPILLAR INC COM
712$339.7M0.05%
74
VTECVANGUARD CALIFORNIA TAX-EXEMPT BOND ETF
3,300$329.2M0.05%
75
CBRECBRE GROUP INC CL A
2,074$326.8M0.05%
76
XLVHEALTH CARE SELECT SECTOR SPDR FUND
2,311$321.6M0.05%
77
BKTBLACKROCK INCOME TR INC COM NEW
28,485$320.2M0.05%
78
XLFICONSUMER STAPLES SELECT SECTOR SPDR FUND
4,053$317.6M0.05%
79
AMGAFFILIATED MANAGERS GROUP INC COM
1,319$314.5M0.05%
80
BHKBLACKROCK CORE BD TR SHS BEN INT
29,548$293.7M0.05%
81
SBUXSTARBUCKS CORP COM
3,324$281.2M0.04%
82
ELLAUDER ESTEE COS INC CL A
3,080$271.4M0.04%
83
SPABSPDR PORTFOLIO AGGREGATE BOND ETF
10,180$263.2M0.04%
84
XTISHARES FUTURE EXPONENTIAL TECHNOLOGIES ETF
3,511$252.6M0.04%
85
BABOEING CO COM
1,164$251.2M0.04%
86
XOMEXXON MOBIL CORP COM
2,200$248.1M0.04%
87
JNJJOHNSON & JOHNSON COM
1,115$206.7M0.03%
88
HONHONEYWELL INTL INC COM
961$202.3M0.03%
89
KROKRONOS WORLDWIDE INC COM
32,045$183.9M0.03%
90
BKT-RBLACKROCK INCOME TR INC RT EXP 102025
28,485$1.7M0.00%