13F HOLDINGS REPORT

PHILLIPS FINANCIAL MANAGEMENT, LLC

Quarter ended Q3 2025 · Filed October 24, 2025 · Accession 0001398344-25-019723

Total Value

$1.52B

Positions

305

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (305)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES TR	464287200	253,307	$169.5M	11.18%
2	DIMENSIONAL ETF TRUST	25434V872	2,370,174	$101.3M	6.69%
3	DIMENSIONAL ETF TRUST	25434V799	2,711,685	$88.9M	5.87%
4	DIMENSIONAL ETF TRUST	25434V864	1,528,742	$73.7M	4.86%
5	ISHARES TR	464287507	773,965	$50.5M	3.33%
6	DIMENSIONAL ETF TRUST	25434V666	1,408,468	$46.3M	3.06%
7	DIMENSIONAL ETF TRUST	25434V831	1,222,533	$46.2M	3.05%
8	DIMENSIONAL ETF TRUST	25434V609	763,549	$44.4M	2.93%
9	VANGUARD STAR FDS	921909768	584,887	$43.0M	2.83%
10	VANGUARD INDEX FDS	922908363	68,849	$42.2M	2.78%
11	ISHARES TR	46432F834	493,141	$40.7M	2.69%
12	DIMENSIONAL ETF TRUST	25434V732	1,179,182	$37.8M	2.49%
13	ISHARES TR	464287408	179,185	$37.0M	2.44%
14	VANGUARD CHARLOTTE FDS	92203J407	639,257	$31.6M	2.09%
15	VANGUARD INDEX FDS	922908629	102,238	$30.0M	1.98%
16	DIMENSIONAL ETF TRUST	25434V500	437,153	$29.9M	1.97%
17	DIMENSIONAL ETF TRUST	25434V708	758,644	$29.3M	1.93%
18	ISHARES TR	464287226	259,104	$26.0M	1.71%
19	ISHARES TR	46434V282	357,409	$24.7M	1.63%
20	ISHARES TR	46435U853	550,954	$20.8M	1.37%
21	DIMENSIONAL ETF TRUST	25434V591	409,538	$20.8M	1.37%
22	VANGUARD ADMIRAL FDS INC	921932703	99,490	$19.8M	1.31%
23	DIMENSIONAL ETF TRUST	25434V823	696,187	$16.6M	1.10%
24	VANGUARD BD INDEX FDS	921937835	212,078	$15.8M	1.04%
25	VANGUARD INDEX FDS	922908611	68,043	$14.2M	0.94%
26	ISHARES TR	464287879	122,940	$13.6M	0.90%
27	VANGUARD SCOTTSDALE FDS	92206C870	156,701	$13.2M	0.87%
28	ISHARES TR	46435G672	233,952	$12.0M	0.79%
29	VANGUARD WORLD FD	921910873	44,278	$10.8M	0.71%
30	ISHARES TR	46434V274	297,126	$10.7M	0.70%
31	VANGUARD INDEX FDS	922908553	112,418	$10.3M	0.68%
32	ISHARES TR	464288521	165,394	$9.7M	0.64%
33	SPDR S&P 500 ETF TR	SPY	14,457	$9.6M	0.64%
34	VANGUARD BD INDEX FDS	921937819	122,838	$9.6M	0.63%
35	JPMORGAN CHASE & CO.	VYLD	30,194	$9.5M	0.63%
36	VANGUARD INDEX FDS	922908769	27,470	$9.0M	0.59%
37	ISHARES TR	46432F859	180,454	$8.8M	0.58%
38	DIMENSIONAL ETF TRUST	25434V807	189,159	$8.7M	0.58%
39	VANGUARD INTL EQUITY INDEX F	922042775	117,967	$8.4M	0.56%
40	VANGUARD INDEX FDS	922908744	42,825	$8.0M	0.53%
41	VANGUARD BD INDEX FDS	921937827	98,895	$7.8M	0.51%
42	VANGUARD WORLD FD	921910840	55,865	$7.7M	0.51%
43	ISHARES TR	464287465	73,764	$6.9M	0.45%
44	SCHWAB STRATEGIC TR	808524201	256,585	$6.8M	0.45%
45	APPLE INC	AAPL	24,412	$6.2M	0.41%
46	DIMENSIONAL ETF TRUST	25434V880	186,832	$5.9M	0.39%
47	DIMENSIONAL ETF TRUST	25434V815	184,067	$5.9M	0.39%
48	ISHARES TR	464287804	49,174	$5.8M	0.39%
49	ISHARES TR	464288414	50,406	$5.4M	0.35%
50	VANGUARD INDEX FDS	922908637	17,201	$5.3M	0.35%
51	VANGUARD MALVERN FDS	922020805	99,554	$5.0M	0.33%
52	MICROSOFT CORP	MSFT	9,013	$4.7M	0.31%
53	ISHARES TR	464288158	43,587	$4.7M	0.31%
54	SCHWAB STRATEGIC TR	808524839	196,657	$4.6M	0.30%
55	ISHARES TR	464287176	41,271	$4.6M	0.30%
56	NVIDIA CORPORATION	NVDA	23,432	$4.4M	0.29%
57	SPDR INDEX SHS FDS	78463X541	70,589	$4.2M	0.28%
58	ISHARES TR	464287499	42,514	$4.1M	0.27%
59	VANGUARD ADMIRAL FDS INC	921932828	35,882	$4.0M	0.26%
60	ISHARES TR	464287622	10,679	$3.9M	0.26%
61	VANGUARD ADMIRAL FDS INC	921932885	33,810	$3.7M	0.25%
62	ISHARES TR	46434V878	72,756	$3.7M	0.24%
63	VANGUARD SCOTTSDALE FDS	92206C409	42,901	$3.4M	0.23%
64	ISHARES TR	46432F842	38,072	$3.3M	0.22%
65	SCHWAB STRATEGIC TR	808524607	115,610	$3.2M	0.21%
66	VANGUARD INDEX FDS	922908751	12,489	$3.2M	0.21%
67	ISHARES TR	46434V290	39,979	$3.0M	0.20%
68	SCHWAB STRATEGIC TR	808524870	109,433	$2.9M	0.19%
69	ISHARES TR	46434VBD1	112,989	$2.8M	0.19%
70	VANGUARD SCOTTSDALE FDS	92206C771	56,879	$2.7M	0.18%
71	ISHARES TR	46435GAA0	107,313	$2.6M	0.17%
72	ATMOS ENERGY CORP	ATO	15,166	$2.6M	0.17%
73	ISHARES TR	464287150	16,816	$2.4M	0.16%
74	VANGUARD MUN BD FDS	922907746	47,682	$2.4M	0.16%
75	ISHARES TR	464288638	43,849	$2.4M	0.16%
76	ELI LILLY & CO	LLY	3,100	$2.4M	0.16%
77	SPDR SERIES TRUST	78464A607	20,973	$2.1M	0.14%
78	SPDR GOLD TR	GLD	5,897	$2.1M	0.14%
79	SPDR SERIES TRUST	78468R622	21,375	$2.1M	0.14%
80	SPDR SERIES TRUST	78464A656	79,542	$2.1M	0.14%
81	AMAZON COM INC	AMZN	9,510	$2.1M	0.14%
82	ALPHABET INC	GOOG	8,522	$2.1M	0.14%
83	ISHARES TR	46429B747	19,909	$2.1M	0.14%
84	VANGUARD INDEX FDS	922908652	9,713	$2.0M	0.13%
85	VANGUARD INDEX FDS	922908512	11,031	$1.9M	0.13%
86	ISHARES TR	464287598	9,407	$1.9M	0.13%
87	TESLA INC	TSLA	4,010	$1.8M	0.12%
88	ISHARES TR	46436E866	74,079	$1.7M	0.11%
89	ISHARES TR	46435G417	38,975	$1.7M	0.11%
90	VANGUARD INTL EQUITY INDEX F	922042858	31,575	$1.7M	0.11%
91	SCHWAB STRATEGIC TR	808524508	54,701	$1.6M	0.11%
92	ISHARES TR	46436E858	69,243	$1.6M	0.10%
93	ALPHABET INC	GOOG	6,455	$1.6M	0.10%
94	ISHARES TR	464287705	11,749	$1.5M	0.10%
95	ISHARES TR	46435U259	59,217	$1.5M	0.10%
96	ISHARES TR	46435U168	65,432	$1.5M	0.10%
97	DIMENSIONAL ETF TRUST	25434V781	41,058	$1.5M	0.10%
98	ISHARES TR	46435U283	56,799	$1.4M	0.10%
99	BERKSHIRE HATHAWAY INC DEL	BRK-A	2,757	$1.4M	0.09%
100	SPDR INDEX SHS FDS	78463X889	31,845	$1.4M	0.09%
101	VANGUARD INDEX FDS	922908736	2,798	$1.3M	0.09%
102	ISHARES TR	46435U432	48,291	$1.3M	0.09%
103	ISHARES TR	46435U325	49,154	$1.3M	0.08%
104	ISHARES GOLD TR	IAU	17,262	$1.3M	0.08%
105	ISHARES TR	46434V613	26,642	$1.2M	0.08%
106	ISHARES INC	46434G889	21,515	$1.2M	0.08%
107	META PLATFORMS INC	META	1,636	$1.2M	0.08%
108	ISHARES TR	464287663	11,896	$1.2M	0.08%
109	ISHARES TR	46435UAA9	47,378	$1.2M	0.08%
110	VANGUARD ADMIRAL FDS INC	921932778	11,729	$1.1M	0.07%
111	ISHARES TR	46436E528	45,436	$1.1M	0.07%
112	DIMENSIONAL ETF TRUST	25434V724	23,691	$1.1M	0.07%
113	DIMENSIONAL ETF TRUST	25434V849	21,408	$1.0M	0.07%
114	SCHWAB STRATEGIC TR	808524771	38,095	$1.0M	0.07%
115	VANGUARD TAX-MANAGED FDS	921943858	16,619	$995,831	0.07%
116	BROADCOM INC	AVGO	2,985	$984,781	0.06%
117	DIMENSIONAL ETF TRUST	25434V401	13,580	$983,761	0.06%
118	LISTED FDS TR	53656F623	20,816	$930,371	0.06%
119	VANGUARD WORLD FD	92204A306	7,199	$906,066	0.06%
120	VISA INC	V	2,653	$905,687	0.06%
121	LINCOLN NATL CORP IND	534187109	21,857	$881,498	0.06%
122	ALPHATEC HLDGS INC	ATEC	60,553	$880,441	0.06%
123	ISHARES TR	464287374	17,885	$877,259	0.06%
124	VANGUARD WORLD FD	92204A801	4,128	$845,662	0.06%
125	WALMART INC	WMT	7,917	$815,892	0.05%
126	ISHARES TR	46436E163	31,792	$811,650	0.05%
127	ABBVIE INC	ABBV	3,312	$766,942	0.05%
128	ISHARES SILVER TR	SLV	17,651	$747,873	0.05%
129	VANGUARD INTL EQUITY INDEX F	922042676	15,335	$732,093	0.05%
130	AUTOMATIC DATA PROCESSING IN	ADP	2,467	$724,173	0.05%
131	WILLIAMS COS INC	969457100	11,363	$719,846	0.05%
132	ISHARES INC	46434G103	10,845	$714,887	0.05%
133	SPDR SERIES TRUST	78464A763	5,034	$705,012	0.05%
134	MASTERCARD INCORPORATED	MA	1,229	$699,070	0.05%
135	ISHARES TR	464287630	3,953	$698,930	0.05%
136	NETFLIX INC	NFLX	568	$680,987	0.04%
137	ISHARES BITCOIN TRUST ETF	IBIT	10,143	$659,295	0.04%
138	FRANKLIN ELEC INC	FELE	6,859	$652,977	0.04%
139	ISHARES TR	464288646	12,235	$648,841	0.04%
140	HOME DEPOT INC	HD	1,592	$644,907	0.04%
141	SELECT SECTOR SPDR TR	81369Y803	2,284	$643,768	0.04%
142	ISHARES TR	464287473	4,495	$627,817	0.04%
143	OLD NATL BANCORP IND	680033107	28,393	$623,226	0.04%
144	PROCTER AND GAMBLE CO	742718109	3,485	$535,485	0.04%
145	ISHARES TR	464287614	1,121	$525,088	0.03%
146	ABBOTT LABS	ABLZF	3,887	$520,633	0.03%
147	ISHARES TR	464288240	7,951	$516,895	0.03%
148	INVESCO QQQ TR	IVZ	826	$496,114	0.03%
149	ORACLE CORP	ORCL-PD	1,755	$493,586	0.03%
150	KROGER CO	KR	7,321	$493,514	0.03%
151	ISHARES TR	464287655	2,000	$483,920	0.03%
152	BROWN & BROWN INC	BRO	5,067	$475,232	0.03%
153	ISHARES TR	464287309	3,897	$470,451	0.03%
154	COSTCO WHSL CORP NEW	22160K105	477	$441,838	0.03%
155	JOHNSON & JOHNSON	JNJ	2,232	$413,882	0.03%
156	ISHARES TR	464287457	4,966	$411,979	0.03%
157	CATERPILLAR INC	CAT	824	$393,172	0.03%
158	ABRDN SILVER ETF TRUST	SIVR	8,641	$384,352	0.03%
159	DIMENSIONAL ETF TRUST	25434V625	5,188	$373,218	0.02%
160	CHEVRON CORP NEW	CVX	2,348	$364,640	0.02%
161	SPDR SERIES TRUST	78468R606	14,361	$343,802	0.02%
162	EMERSON ELEC CO	EMR	2,620	$343,697	0.02%
163	FAIR ISAAC CORP	FICO	224	$335,223	0.02%
164	ISHARES TR	464287242	2,931	$326,686	0.02%
165	PROGRESSIVE CORP	743315103	1,322	$326,468	0.02%
166	GE AEROSPACE	369604301	1,083	$325,830	0.02%
167	ENTERPRISE PRODS PARTNERS L	293792107	10,028	$313,576	0.02%
168	RTX CORPORATION	RTX	1,868	$312,572	0.02%
169	EXXON MOBIL CORP	XOM	2,769	$312,229	0.02%
170	LOWES COS INC	548661107	1,227	$308,364	0.02%
171	BANK AMERICA CORP	060505104	5,891	$303,917	0.02%
172	DIMENSIONAL ETF TRUST	25434V617	4,182	$300,533	0.02%
173	TEXAS INSTRS INC	882508104	1,616	$296,908	0.02%
174	COCA COLA CO	KO	4,462	$295,920	0.02%
175	TRAVELERS COMPANIES INC	TRV	1,056	$294,856	0.02%
176	VANGUARD INTL EQUITY INDEX F	922042866	3,325	$292,068	0.02%
177	MCDONALDS CORP	MCD	954	$289,911	0.02%
178	VANGUARD ADMIRAL FDS INC	921932844	2,860	$288,202	0.02%
179	INNOVATOR ETFS TRUST	INHD	6,123	$268,330	0.02%
180	SPDR SERIES TRUST	78464A409	2,541	$265,560	0.02%
181	CAPITAL ONE FINL CORP	14040H105	1,213	$257,860	0.02%
182	HP INC	HPQ	9,363	$254,954	0.02%
183	INTERCONTINENTAL EXCHANGE IN	45866F104	1,510	$254,405	0.02%
184	STEEL DYNAMICS INC	STLD	1,788	$249,252	0.02%
185	SERVICENOW INC	NOW	269	$247,964	0.02%
186	CISCO SYS INC	CSCO	3,576	$244,684	0.02%
187	CONOCOPHILLIPS	COP	2,569	$243,006	0.02%
188	AMERICAN INTL GROUP INC	026874784	3,069	$241,039	0.02%
189	SPDR SERIES TRUST	78464A474	7,944	$240,624	0.02%
190	APPLOVIN CORP	APP	333	$239,274	0.02%
191	SPDR SERIES TRUST	78464A508	4,320	$239,026	0.02%
192	PEPSICO INC	PEP	1,686	$236,782	0.02%
193	FEDEX CORP	FDX	994	$234,395	0.02%
194	ROBINHOOD MKTS INC	770700102	1,628	$233,097	0.02%
195	ISHARES TR	464287168	1,625	$230,910	0.02%
196	ADOBE INC	ADBE	646	$227,877	0.02%
197	SEMPRA	SREA	2,513	$226,099	0.01%
198	SPDR SERIES TRUST	78464A375	6,507	$220,530	0.01%
199	GOLDMAN SACHS GROUP INC	GSCE	274	$218,200	0.01%
200	ALTRIA GROUP INC	MO	3,301	$218,064	0.01%
201	ISHARES TR	46436E205	9,251	$217,121	0.01%
202	AMGEN INC	AMGN	762	$215,048	0.01%
203	SELECT SECTOR SPDR TR	81369Y407	889	$213,040	0.01%
204	INTERNATIONAL BUSINESS MACHS	INTR	747	$210,774	0.01%
205	ISHARES TR	46436E841	9,188	$206,914	0.01%
206	DIMENSIONAL ETF TRUST	25434V740	6,395	$203,951	0.01%
207	LOCKHEED MARTIN CORP	LMT	407	$203,178	0.01%
208	GENERAL MTRS CO	37045V100	3,324	$202,664	0.01%
209	INTUIT	INTU	296	$202,141	0.01%
210	BLACKROCK INC	BLK	173	$201,696	0.01%
211	CITIGROUP INC	C-PR	1,986	$201,593	0.01%
212	LINDE PLC	LIN	424	$201,400	0.01%
213	DISNEY WALT CO	254687106	1,755	$200,948	0.01%
214	ISHARES TR	46435U515	7,523	$191,987	0.01%
215	ISHARES INC	464286665	3,691	$190,308	0.01%
216	EVOLV TECHNOLOGIES HLDNGS IN	EVLVW	24,408	$184,280	0.01%
217	SPDR SERIES TRUST	78464A847	3,195	$182,722	0.01%
218	ISHARES TR	464287689	473	$179,239	0.01%
219	ISHARES TR	464288273	2,334	$179,064	0.01%
220	SPDR SERIES TRUST	78464A854	2,139	$167,569	0.01%
221	ISHARES TR	464287861	2,555	$167,301	0.01%
222	SELECT SECTOR SPDR TR	81369Y209	1,147	$159,628	0.01%
223	VANGUARD ADMIRAL FDS INC	921932505	340	$148,056	0.01%
224	VANGUARD INTL EQUITY INDEX F	922042874	1,777	$141,805	0.01%
225	ISHARES TR	464288612	1,317	$141,442	0.01%
226	SELECT SECTOR SPDR TR	81369Y605	2,583	$139,146	0.01%
227	ISHARES TR	464287648	430	$137,617	0.01%
228	SELECT SECTOR SPDR TR	81369Y506	1,512	$135,082	0.01%
229	ISHARES TR	46435G102	1,350	$135,068	0.01%
230	INNOVATOR ETFS TRUST	INHD	4,512	$131,011	0.01%
231	ISHARES TR	46434V647	4,500	$115,020	0.01%
232	SPDR SERIES TRUST	78468R853	2,480	$114,874	0.01%
233	SELECT SECTOR SPDR TR	81369Y704	728	$112,280	0.01%
234	DIMENSIONAL ETF TRUST	25434V856	2,601	$109,840	0.01%
235	SCHWAB STRATEGIC TR	808524805	4,546	$105,831	0.01%
236	VANGUARD INDEX FDS	922908595	349	$103,869	0.01%
237	VANGUARD SCOTTSDALE FDS	92206C680	792	$95,436	0.01%
238	ISHARES TR	464287887	661	$93,532	0.01%
239	ISHARES TR	46436E726	4,049	$89,685	0.01%
240	DIMENSIONAL ETF TRUST	25434V203	2,312	$84,035	0.01%
241	INNOVATOR ETFS TRUST	INHD	1,826	$80,163	0.01%
242	ISHARES TR	46435G516	843	$78,382	0.01%
243	DIMENSIONAL ETF TRUST	25434V104	1,660	$75,961	0.01%
244	SPDR SERIES TRUST	78464A359	814	$73,667	0.00%
245	ISHARES TR	464288513	777	$63,112	0.00%
246	SCHWAB STRATEGIC TR	808524409	2,040	$59,384	0.00%
247	VANGUARD INTL EQUITY INDEX F	922042742	422	$58,152	0.00%
248	ISHARES TR	464287572	439	$52,684	0.00%
249	SCHWAB STRATEGIC TR	808524706	1,558	$51,990	0.00%
250	ISHARES TR	46434V621	751	$51,128	0.00%
251	INNOVATOR ETFS TRUST	INHD	1,528	$50,934	0.00%
252	INNOVATOR ETFS TRUST	INHD	1,747	$50,628	0.00%
253	INNOVATOR ETFS TRUST	INHD	1,220	$50,093	0.00%
254	VANGUARD WORLD FD	92204A405	379	$49,740	0.00%
255	VANGUARD SCOTTSDALE FDS	92206C102	814	$47,904	0.00%
256	ISHARES TR	46429B697	491	$46,723	0.00%
257	VANGUARD WORLD FD	921910733	347	$41,099	0.00%
258	ISHARES TR	46432F339	200	$38,938	0.00%
259	ISHARES TR	464288877	562	$38,102	0.00%
260	DIMENSIONAL ETF TRUST	25434V765	1,216	$36,960	0.00%
261	ISHARES TR	464288588	371	$35,301	0.00%
262	ISHARES TR	464288885	302	$34,372	0.00%
263	ISHARES INC	464286509	650	$32,858	0.00%
264	ISHARES INC	464286772	405	$32,441	0.00%
265	SCHWAB STRATEGIC TR	808524300	1,016	$32,421	0.00%
266	ISHARES INC	46434G764	473	$31,939	0.00%
267	ISHARES TR	464287101	90	$29,970	0.00%
268	ISHARES TR	464288224	1,925	$29,799	0.00%
269	ISHARES TR	464287556	196	$28,297	0.00%
270	VANGUARD INDEX FDS	922908538	95	$27,910	0.00%
271	ISHARES TR	46436E486	1,274	$27,034	0.00%
272	VANGUARD WORLD FD	92204A702	36	$26,879	0.00%
273	ISHARES TR	464288679	243	$26,849	0.00%
274	SELECT SECTOR SPDR TR	81369Y308	330	$25,862	0.00%
275	SCHWAB STRATEGIC TR	808524797	812	$22,165	0.00%
276	ISHARES TR	464287796	457	$21,717	0.00%
277	ISHARES INC	464286103	775	$20,925	0.00%
278	SPDR SERIES TRUST	78464A102	72	$19,601	0.00%
279	ISHARES TR	46435U663	429	$19,339	0.00%
280	SCHWAB STRATEGIC TR	808524714	687	$17,137	0.00%
281	SELECT SECTOR SPDR TR	81369Y852	135	$15,980	0.00%
282	SPDR INDEX SHS FDS	78463X509	299	$14,003	0.00%
283	SPDR SERIES TRUST	78464A649	494	$12,782	0.00%
284	SCHWAB STRATEGIC TR	808524755	296	$12,716	0.00%
285	ISHARES TR	464288810	200	$12,016	0.00%
286	SELECT SECTOR SPDR TR	81369Y886	137	$11,948	0.00%
287	ISHARES TR	46432F396	45	$11,540	0.00%
288	ISHARES TR	46435G326	138	$11,063	0.00%
289	SPDR SERIES TRUST	78464A888	95	$10,526	0.00%
290	SPDR SERIES TRUST	78464A201	96	$9,054	0.00%
291	ISHARES TR	46434V456	187	$8,264	0.00%
292	VANGUARD BD INDEX FDS	921937793	115	$8,148	0.00%
293	SPDR SERIES TRUST	78468R655	92	$7,744	0.00%
294	ISHARES INC	46434G830	111	$5,766	0.00%
295	SPDR SERIES TRUST	78464A300	56	$4,964	0.00%
296	ISHARES TR	464287481	32	$4,557	0.00%
297	ISHARES INC	46434G822	50	$4,011	0.00%
298	SPDR SERIES TRUST	78468R549	50	$3,618	0.00%
299	ISHARES TR	464287341	50	$2,084	0.00%
300	ISHARES TR	464287739	20	$1,942	0.00%
301	ISHARES TR	464288448	44	$1,608	0.00%
302	ISHARES TR	464288687	41	$1,296	0.00%
303	VANGUARD SCOTTSDALE FDS	92206C573	16	$1,254	0.00%
304	ISHARES TR	46429B267	53	$1,225	0.00%
305	ISHARES TR	46435U556	10	$458	0.00%