13F HOLDINGS REPORT

Zhang Financial LLC

Quarter ended Q2 2025 · Filed August 1, 2025 · Accession 0001776290-25-000005

Total Value

$2.17B

Positions

291

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (291)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD S&P	922908363	293,637	$166.8M	7.70%
2	VANGUARD INDEX FDS	922908769	546,016	$166.0M	7.66%
3	DIMENSIONAL US	25434V401	2,396,803	$160.6M	7.41%
4	ISHARES CORE	464287150	878,592	$118.6M	5.47%
5	DIMENSIONAL US	25434V708	3,208,908	$115.0M	5.31%
6	VANGUARD STAR FDS	921909768	1,562,593	$108.0M	4.98%
7	VANGUARD INTL EQUITY INDEX F	922042742	694,534	$89.3M	4.12%
8	VANGUARD INTERMEDIATE	921937819	804,530	$62.2M	2.87%
9	DIMENSIONAL ETF TRUST	25434V203	1,736,995	$60.0M	2.77%
10	VANGUARD SMALL	922908611	236,780	$46.2M	2.13%
11	STRYKER CORP	SYK	113,921	$45.1M	2.08%
12	VANGUARD TOTAL	921937835	588,859	$43.4M	2.00%
13	APPLE INC	AAPL	202,137	$41.5M	1.91%
14	VANGUARD HIGH	921946406	295,417	$39.4M	1.82%
15	BNY MELLON	09661T107	305,121	$36.1M	1.67%
16	MICROSOFT CORP	MSFT	62,156	$30.9M	1.43%
17	ISHARES GOLD	IAU	473,763	$29.5M	1.36%
18	DIMENSIONAL US	25434V104	627,018	$26.6M	1.23%
19	VANGUARD SHORT	92206C409	329,709	$26.2M	1.21%
20	NVIDIA CORP	NVDA	138,005	$21.8M	1.01%
21	ISHARES CORE	464287226	219,467	$21.8M	1.00%
22	AVANTIS INTL	025072703	292,764	$21.7M	1.00%
23	VANGUARD MID	922908629	77,220	$21.6M	1.00%
24	VANGUARD S&P	921932703	106,781	$20.2M	0.93%
25	SPDR PORTFOLIO	78464A805	254,896	$19.1M	0.88%
26	ISHARES BITCOIN TR	IBIT	308,752	$18.9M	0.87%
27	DIMENSIONAL US	25434V815	628,904	$18.5M	0.85%
28	ISHARES RUSSELL	464287630	105,009	$16.6M	0.76%
29	ISHARES CORE	464287200	26,633	$16.5M	0.76%
30	VANGUARD MEGA	921910816	44,886	$16.4M	0.76%
31	AVANTIS U S	025072885	149,826	$15.1M	0.70%
32	VANGUARD TAX-MANAGED INTL FD	921943858	252,643	$14.4M	0.66%
33	SCHWAB STRATEGIC TR	808524102	568,259	$13.5M	0.62%
34	AMAZON COM	AMZN	58,603	$12.9M	0.59%
35	BERKSHIRE HATHAWAY	BRK-A	24,587	$11.9M	0.55%
36	VANGUARD VALUE	922908744	64,065	$11.3M	0.52%
37	SCHWAB INTL	808524805	510,143	$11.3M	0.52%
38	VANGUARD INTL EQUITY INDEX F	922042858	223,119	$11.0M	0.51%
39	SPDR S&P 500 ETF TR	SPY	17,654	$10.9M	0.50%
40	VANGUARD GROWTH	922908736	24,724	$10.8M	0.50%
41	FACEBOOK INC	META	13,274	$9.8M	0.45%
42	ALPHABET INC	GOOG	55,177	$9.7M	0.45%
43	AVANTIS U S	025072877	96,446	$8.8M	0.41%
44	SPDR PORTFOLIO	78464A847	153,067	$8.3M	0.38%
45	ISHARES SHORT	464288158	70,902	$7.5M	0.35%
46	FERGUSON ENTERPRISES INC	FERG	31,734	$6.9M	0.32%
47	WORLD GOLD	GLDW	104,889	$6.9M	0.32%
48	ISHARES MSCI	46434G764	106,711	$6.7M	0.31%
49	SPDR PORTFOLIO	78464A649	237,976	$6.1M	0.28%
50	BROADCOM INC	AVGO	21,487	$5.9M	0.27%
51	DIMENSIONAL ETF TRUST	25434V500	88,754	$5.7M	0.26%
52	JPMORGAN CHASE	VYLD	19,442	$5.6M	0.26%
53	INTL BUSINESS	INTR	19,081	$5.6M	0.26%
54	VANGUARD MEGA	921910873	24,724	$5.6M	0.26%
55	INVESCO QQQ	IVZ	9,919	$5.5M	0.25%
56	ISHARES CORE	46432F834	67,763	$5.2M	0.24%
57	VANGUARD REAL	922908553	53,963	$4.8M	0.22%
58	ABBVIE INC	ABBV	24,591	$4.6M	0.21%
59	ISHARES MSCI	464288877	70,729	$4.5M	0.21%
60	AMGEN INC	AMGN	15,934	$4.4M	0.21%
61	CISCO SYSTEMS	CSCO	64,023	$4.4M	0.20%
62	MICRON TECHNOLOGY INC	MU	35,655	$4.4M	0.20%
63	VANGUARD RUSSELL	92206C680	40,045	$4.4M	0.20%
64	VANGUARD RUSSELL	92206C730	15,490	$4.4M	0.20%
65	VANGUARD INFORMATION	92204A702	6,264	$4.2M	0.19%
66	GOLDMAN SACHS	GSCE	5,843	$4.1M	0.19%
67	VANGUARD SPECIALIZED FUNDS	921908844	20,122	$4.1M	0.19%
68	PROCTER & GAMBLE	742718109	25,786	$4.1M	0.19%
69	KLA CORP	KLAC	4,497	$4.0M	0.19%
70	VANGUARD INTERNATIONAL	921946794	49,942	$4.0M	0.18%
71	CATERPILLAR INC	CAT	10,292	$4.0M	0.18%
72	AMERICAN EXPRESS	AXP	12,233	$3.9M	0.18%
73	VANGUARD MEGA	921910840	29,540	$3.9M	0.18%
74	BLACKROCK ULTRA	46434V878	73,512	$3.7M	0.17%
75	ISHARES RUSSELL	464287689	10,264	$3.6M	0.17%
76	TESLA INC	TSLA	11,271	$3.6M	0.17%
77	APOLLO GLOBAL	03769M106	25,057	$3.6M	0.16%
78	VANGUARD LARGE	922908637	12,076	$3.4M	0.16%
79	HF FOODS	HFFG	1,063,342	$3.4M	0.16%
80	ISHARES NATIONAL	464288414	32,117	$3.4M	0.15%
81	VANGUARD RUSSELL	92206C714	38,400	$3.3M	0.15%
82	APPLIED INDUSTRIAL TECH	03820C105	13,793	$3.2M	0.15%
83	PARKER-HANNIFIN CORP	PH	4,350	$3.0M	0.14%
84	BNY MELLON	09661T404	35,029	$3.0M	0.14%
85	EXXON MOBIL	XOM	27,587	$3.0M	0.14%
86	VANGUARD S&P	921932505	7,484	$3.0M	0.14%
87	DIMENSIONAL US	25434V724	69,684	$2.9M	0.14%
88	HONEYWELL INTL	438516106	12,571	$2.9M	0.14%
89	SPDR PORTFOLIO	78468R101	96,802	$2.8M	0.13%
90	WALMART INC	WMT	27,803	$2.7M	0.13%
91	SALESFORCE.COM INC	CRM	9,938	$2.7M	0.13%
92	JOHNSON & JOHNSON	JNJ	17,541	$2.7M	0.12%
93	SCHWAB US	808524508	94,923	$2.7M	0.12%
94	ALPHABET INC	GOOG	14,976	$2.7M	0.12%
95	PEPSICO INC	PEP	19,762	$2.6M	0.12%
96	SECTOR FINANCIAL	81369Y605	48,724	$2.6M	0.12%
97	ISHARES SELECT	464287168	18,955	$2.5M	0.12%
98	BOOKING HOLDINGS	BKNG	434	$2.5M	0.12%
99	SCHWAB US	808524201	101,162	$2.5M	0.11%
100	APPLIED MATERIALS	038222105	13,396	$2.5M	0.11%
101	MEDTRONIC PLC	MDT	26,655	$2.3M	0.11%
102	VANGUARD SMALL	922908751	9,717	$2.3M	0.11%
103	SCHWAB AGGREGATE	808524839	97,380	$2.3M	0.10%
104	VISA INC	V	6,261	$2.2M	0.10%
105	BERKSHIRE HATHAWAY	BRK-A	3	$2.2M	0.10%
106	AMERIPRISE FINANCIAL	03076C106	4,096	$2.2M	0.10%
107	ISHARES RUSSELL	464287622	6,334	$2.2M	0.10%
108	KKR & CO	KKRT	15,740	$2.1M	0.10%
109	MCKESSON CORP	MCK	2,843	$2.1M	0.10%
110	PHILIP MORRIS	718172109	11,241	$2.0M	0.09%
111	ELI LILLY	LLY	2,580	$2.0M	0.09%
112	DIMENSIONAL EMERGING	25434V302	68,293	$2.0M	0.09%
113	VANGUARD EXTENDED	922908652	10,103	$1.9M	0.09%
114	VANGUARD SHORT	92206C102	32,741	$1.9M	0.09%
115	SPDR SERIES	78464A763	14,122	$1.9M	0.09%
116	MERCADOLIBRE INC	MELI	721	$1.9M	0.09%
117	UBER TECHNOLOGIES	UBER	20,150	$1.9M	0.09%
118	SPDR PORTFOLIO	78463X889	46,088	$1.9M	0.09%
119	ISHARES TIPS	464287176	16,920	$1.9M	0.09%
120	SECTOR TECHNOLOGY	81369Y803	7,175	$1.8M	0.08%
121	FORD MOTOR	345370860	167,248	$1.8M	0.08%
122	BLACKSTONE INC	BX	12,102	$1.8M	0.08%
123	ISHARES CORE	464287804	16,457	$1.8M	0.08%
124	ISHARES RUSSELL	464287499	19,517	$1.8M	0.08%
125	MERCK & COMPANY	MRK	22,504	$1.8M	0.08%
126	DIMENSIONAL US	25434V666	56,975	$1.8M	0.08%
127	ISHARES CORE	464287507	28,164	$1.7M	0.08%
128	EATON CORP	ETN	4,864	$1.7M	0.08%
129	HOME DEPOT	HD	4,712	$1.7M	0.08%
130	DIMENSIONAL INTL	25434V807	39,205	$1.7M	0.08%
131	VANGUARD FTSE	922042718	12,363	$1.7M	0.08%
132	LOWES COMPANIES	548661107	7,444	$1.7M	0.08%
133	INVESCO NASDAQ	IVZ	7,113	$1.6M	0.07%
134	COSTCO WHOLESALE	22160K105	1,526	$1.5M	0.07%
135	INTUIT INC	INTU	1,916	$1.5M	0.07%
136	SCHWAB US	808524797	55,553	$1.5M	0.07%
137	VANGUARD MID	922908512	8,679	$1.4M	0.07%
138	ISHARES S&P	464287879	14,281	$1.4M	0.07%
139	ISHARES MSCI	464287465	15,658	$1.4M	0.06%
140	LOCKHEED MARTIN	LMT	3,009	$1.4M	0.06%
141	SPDR S&P	MDY	2,451	$1.4M	0.06%
142	COLGATE-PALMOLIVE	CL	15,258	$1.4M	0.06%
143	NORTHPOINTE BANCSHARES INC.	NPB	100,920	$1.4M	0.06%
144	CARLYLE GROUP	CGABL	26,608	$1.4M	0.06%
145	SPDR PORTFOLIO	78464A375	39,829	$1.3M	0.06%
146	KELLOGG CO	BEKE	16,642	$1.3M	0.06%
147	ORACLE CORP	ORCL-PD	6,019	$1.3M	0.06%
148	ISHARES S&P	464287309	11,905	$1.3M	0.06%
149	LINDE PLC	LIN	2,768	$1.3M	0.06%
150	BNY MELLON	09661T206	12,252	$1.3M	0.06%
151	BNY MELLON	09661T602	29,657	$1.3M	0.06%
152	DIMENSIONAL US	25434V609	22,595	$1.2M	0.06%
153	ISHARES RUSSELL	464287614	2,835	$1.2M	0.06%
154	SPDR PORTFOLIO	78464A474	38,925	$1.2M	0.05%
155	NETFLIX INC	NFLX	871	$1.2M	0.05%
156	MASTERCARD INC	MA	2,029	$1.1M	0.05%
157	BLACKROCK INC	BLK	1,052	$1.1M	0.05%
158	ISHARES TECHNOLOGY	464287721	6,356	$1.1M	0.05%
159	DIMENSIONAL WORLD	25434V880	36,989	$1.1M	0.05%
160	LCI INDS	50189K103	11,844	$1.1M	0.05%
161	ALTRIA GROUP	MO	18,307	$1.1M	0.05%
162	MONDELEZ INTERNATIONAL	609207105	15,841	$1.1M	0.05%
163	ISHARES CORE	46434V621	16,508	$1.1M	0.05%
164	ISHARES S&P	464287408	5,363	$1.0M	0.05%
165	VANGUARD ADMIRAL FDS INC	921932885	9,871	$1.0M	0.05%
166	SPDR DOW	78467X109	2,303	$1.0M	0.05%
167	ISHARES SILVER	SLV	29,690	$974,129	0.04%
168	MCDONALDS CORP	MCD	3,307	$966,428	0.04%
169	ISHARES 1-3YR	464287457	11,575	$959,065	0.04%
170	FORTINET INC	FTNT	9,047	$956,450	0.04%
171	CHEVRON CORP	CVX	6,613	$946,996	0.04%
172	BANK AMERICA	060505104	19,235	$910,181	0.04%
173	VANGUARD BD INDEX FDS	92203C303	18,099	$902,520	0.04%
174	VANGUARD INDUSTRIALS	92204A603	3,203	$897,089	0.04%
175	MORGAN STANLEY	MS-PQ	6,363	$896,297	0.04%
176	SHOPIFY INC	SHOP	7,673	$885,081	0.04%
177	NEXTERA ENERGY	NEE-PW	12,722	$883,169	0.04%
178	VANGUARD FTSE	922042775	13,034	$876,129	0.04%
179	QUALCOMM INC	QCOM	5,338	$850,130	0.04%
180	ABBOTT LABORATORIES	ABLZF	5,997	$815,625	0.04%
181	BALCHEM CORP	BCPC	5,000	$796,000	0.04%
182	COCA COLA COMPANY	KO	10,683	$755,819	0.03%
183	CORTEVA INC	CTVA	9,863	$735,098	0.03%
184	VANGUARD MUNICIPAL	922907746	13,841	$678,631	0.03%
185	CAPITAL ONE	14040H105	3,124	$664,662	0.03%
186	NUCOR CORP	NUE	5,117	$662,857	0.03%
187	VANGUARD INTERMEDIATE	92206C706	10,709	$640,506	0.03%
188	ISHARES TR	46436E718	6,103	$614,549	0.03%
189	ARES MANAGEMENT	ARES-PB	3,531	$611,553	0.03%
190	ADOBE INC	ADBE	1,531	$592,421	0.03%
191	SHERWIN WILLIAMS	SHW	1,681	$577,218	0.03%
192	VANGUARD SHORT	921937827	7,319	$576,010	0.03%
193	TEXAS INSTRUMENTS	882508104	2,735	$567,881	0.03%
194	PRUDENTIAL FINANCIAL	PUKPF	5,238	$562,771	0.03%
195	ILLINOIS TOOL	452308109	2,244	$554,812	0.03%
196	SCHWAB US	808524607	21,809	$551,758	0.03%
197	ISHARES RUSSELL	464287598	2,776	$539,255	0.02%
198	PFIZER INC	PFE	22,040	$534,248	0.02%
199	KIMBERLY CLARK	KMB	4,089	$527,095	0.02%
200	ISHARES RUSS	464287473	3,896	$514,870	0.02%
201	AT&T INC	T-PC	17,691	$511,976	0.02%
202	SPDR PORTFOLIO	78463X509	11,792	$503,984	0.02%
203	SCHWAB US	808524300	17,104	$499,608	0.02%
204	SCHWAB US	808524409	17,766	$491,591	0.02%
205	ALLSTATE CORP	ALL-PJ	2,352	$473,481	0.02%
206	VANGUARD HEALTH	92204A504	1,858	$461,451	0.02%
207	GENERAL ELECTRIC	369604301	1,748	$449,869	0.02%
208	AMERICAN CENTURY	025072323	8,710	$449,189	0.02%
209	LAM RESEARCH CORP	LRCX	4,455	$433,640	0.02%
210	METLIFE INC	MET-PF	5,351	$430,321	0.02%
211	INVESCO S&P	IVZ	2,331	$423,636	0.02%
212	HERSHEY COMPANY	HSY	2,507	$416,036	0.02%
213	DUPONT DE	DD	6,056	$415,406	0.02%
214	FIRST SOLAR	FSLR	2,500	$413,850	0.02%
215	ISHARES MSCI	46432F339	2,230	$407,825	0.02%
216	VANECK VECTORS	92189F676	1,431	$399,078	0.02%
217	AMERICAN CENTY ETF TR	025072349	5,820	$396,982	0.02%
218	SCHWAB US	808524870	14,839	$395,915	0.02%
219	VANGUARD INTERMEDIATE	92206C870	4,595	$381,017	0.02%
220	RAYTHEON TECHNOLOGIES	RTX	2,600	$379,591	0.02%
221	SPDR GOLD	GLD	1,224	$373,112	0.02%
222	APOGEE ENTERPRISES	APOG	9,143	$371,206	0.02%
223	TRADE DESK	88339J105	5,150	$370,749	0.02%
224	WASTE MANAGEMENT	94106L109	1,610	$368,293	0.02%
225	VANGUARD FTSE	922042866	4,406	$362,097	0.02%
226	VERTEX PHARMACEUTICALS	VRTX	792	$352,810	0.02%
227	AMERICAN CENTY ETF TR	025072364	5,654	$351,877	0.02%
228	CITY HLDG CO	CHCO	2,846	$348,371	0.02%
229	DANAHER CORP	235851102	1,752	$346,018	0.02%
230	STATE STREET	STT-PG	3,247	$345,286	0.02%
231	ISHARES S&P	464287705	2,694	$332,887	0.02%
232	VANGUARD ESG	921910733	3,015	$330,566	0.02%
233	GRAYSCALE BITCOIN TRUST ETF	GBTC	3,819	$323,966	0.01%
234	SPDR SERIES	78468R531	5,487	$321,265	0.01%
235	CAVCO INDS INC DEL	149568107	738	$320,609	0.01%
236	QORVO INC	QRVO	3,750	$318,412	0.01%
237	DIMENSIONAL ETF TRUST	25434V831	8,937	$317,784	0.01%
238	BOEING CO	BA-PA	1,516	$317,648	0.01%
239	COMCAST CORP	CCZ	8,891	$317,312	0.01%
240	VANGUARD MID	922908538	1,111	$315,869	0.01%
241	INVESCO EXCHANGE	IVZ	4,227	$307,810	0.01%
242	O REILLY AUTOMOTIVE	67103H107	3,390	$305,541	0.01%
243	CUMMINS INC	CMI	920	$301,223	0.01%
244	RLJ LODGING	RLJ-PA	12,680	$300,019	0.01%
245	BRISTOL MYERS	CELG-RI	6,480	$299,965	0.01%
246	GENERAL MILLS	370334104	5,745	$297,671	0.01%
247	SOUTHERN COMPANY	SOMN	3,195	$293,430	0.01%
248	VANGUARD MALVERN FDS	922020748	3,778	$293,076	0.01%
249	TJX COS	872540109	2,356	$290,981	0.01%
250	TEVA PHARMACEUTICAL	881624209	17,300	$289,948	0.01%
251	UBS GROUP	UBS	8,515	$287,991	0.01%
252	WALT DISNEY	254687106	2,225	$275,922	0.01%
253	ISHARES TR	464287580	2,734	$272,416	0.01%
254	VANGUARD FINANCIALS	92204A405	2,114	$269,113	0.01%
255	T-MOBILE US	TMUSZ	1,110	$264,451	0.01%
256	STARBUCKS CORP	SBUX	2,881	$264,026	0.01%
257	AUTOMATIC DATA	ADP	843	$259,830	0.01%
258	KROGER CO	KR	3,602	$258,346	0.01%
259	SCHWAB EMERGING	808524706	8,482	$255,659	0.01%
260	ISHARES U S ETF TR	46431W838	5,037	$253,210	0.01%
261	VALERO ENERGY	VLO	1,864	$250,559	0.01%
262	MARATHON PETROLEUM	MARA	1,478	$245,561	0.01%
263	PAYCHEX INC	PAYX	1,666	$242,336	0.01%
264	SANOFI	SNYNF	5,000	$241,549	0.01%
265	NORFOLK SOUTHERN	655844108	941	$240,904	0.01%
266	FIRST MERCHANTS CORP	FRMEP	6,258	$239,681	0.01%
267	ISHARES TR	464287754	1,654	$235,381	0.01%
268	MPLX	MPLXP	4,543	$234,010	0.01%
269	QUEST DIAGNOSTICS	DGX	1,285	$230,824	0.01%
270	AMERICAN CENTURY	025072604	3,366	$230,706	0.01%
271	GE VERNOVA	GEV	433	$229,163	0.01%
272	MARKEL GROUP INC	MKL	113	$225,702	0.01%
273	CONSTELLATION ENERGY	CEG	697	$224,976	0.01%
274	COCA-COLA CONSOLIDATED	COKE	2,000	$223,300	0.01%
275	BOSTON SCIENTIFIC	BSX	2,058	$221,049	0.01%
276	GRAINGER W W	384802104	212	$220,580	0.01%
277	VANGUARD ESG	921910725	3,352	$219,558	0.01%
278	GILEAD SCIENCES	GILD	1,944	$215,513	0.01%
279	ISHARES MSCI	464288802	1,697	$215,095	0.01%
280	VIATRIS INC	VTRS	23,700	$211,639	0.01%
281	ISHARES CORE	46434G103	3,524	$211,547	0.01%
282	TAIWAN SEMICONDUCTOR	874039100	931	$210,863	0.01%
283	TYSON FOODS	TSN	3,703	$207,146	0.01%
284	DUKE ENERGY	DUKB	1,743	$205,676	0.01%
285	ISHARES BB	46435U473	4,314	$202,758	0.01%
286	TIZIANA LIFE	TLSA	89,760	$141,821	0.01%
287	SHYFT GROUP	825698103	11,216	$140,653	0.01%
288	CALAMOS CONVERTIBLE	12811P108	11,845	$130,177	0.01%
289	STEELCASE INC	858155203	11,307	$117,933	0.01%
290	HIVE DIGITAL TECHNOLOGIES LT	HIVE	22,660	$40,788	0.00%
291	GERDAU SA	GGB	11,695	$34,149	0.00%