13F HOLDINGS REPORT

Sincerus Advisory, LLC

Quarter ended Q3 2025 · Filed October 8, 2025 · Accession 0002050968-25-000002

Total Value

$116.8M

Positions

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (70)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	SPDR S&P 500 ETF TR	SPY	30,503	$20.3M	17.40%
2	ISHARES TR	464287465	93,832	$8.8M	7.50%
3	ISHARES TR	464287499	71,754	$6.9M	5.93%
4	VANGUARD SPECIALIZED FUNDS	921908844	19,388	$4.2M	3.58%
5	ISHARES TR	464287655	16,677	$4.0M	3.46%
6	VANGUARD TAX-MANAGED FDS	921943858	64,973	$3.9M	3.33%
7	ISHARES TR	464287226	35,906	$3.6M	3.08%
8	ISHARES TR	464288414	32,479	$3.5M	2.96%
9	VANGUARD MUN BD FDS	922907746	63,445	$3.2M	2.72%
10	ISHARES TR	46435G516	32,691	$3.0M	2.60%
11	VANGUARD INDEX FDS	922908629	9,737	$2.9M	2.45%
12	SPDR GOLD TR	GLD	7,187	$2.6M	2.19%
13	INVESCO EXCHANGE TRADED FD T	IVZ	13,020	$2.5M	2.12%
14	ISHARES TR	464288273	27,694	$2.1M	1.82%
15	ISHARES TR	464287234	39,647	$2.1M	1.81%
16	J P MORGAN EXCHANGE TRADED F	46654Q724	32,167	$2.1M	1.79%
17	ISHARES TR	464288281	21,790	$2.1M	1.78%
18	VANGUARD SCOTTSDALE FDS	92206C870	24,440	$2.1M	1.76%
19	VANGUARD INTL EQUITY INDEX F	922042718	13,799	$2.0M	1.68%
20	DIGITALOCEAN HLDGS INC	DOCN	54,136	$1.8M	1.58%
21	SPDR SERIES TRUST	78468R622	17,548	$1.7M	1.47%
22	NUSHARES ETF TR	NU	35,727	$1.6M	1.34%
23	DIMENSIONAL ETF TRUST	25434V104	34,180	$1.6M	1.34%
24	APPLE INC	AAPL	5,398	$1.4M	1.18%
25	ISHARES TR	464288562	15,023	$1.3M	1.09%
26	VANGUARD BD INDEX FDS	921937835	17,147	$1.3M	1.09%
27	VANGUARD INDEX FDS	922908553	13,886	$1.3M	1.09%
28	WISDOMTREE TR	WT	27,196	$1.3M	1.07%
29	ISHARES TR	464287614	2,585	$1.2M	1.04%
30	GOLDMAN SACHS ETF TR	NVGLF	12,866	$1.2M	1.03%
31	INVESCO QQQ TR	IVZ	1,951	$1.2M	1.00%
32	ISHARES TR	46436E718	10,714	$1.1M	0.92%
33	VANGUARD INTL EQUITY INDEX F	922042676	22,403	$1.1M	0.92%
34	ISHARES TR	464287200	1,562	$1.0M	0.90%
35	ISHARES TR	464288372	17,039	$1.0M	0.89%
36	ISHARES TR	464287242	9,045	$1.0M	0.86%
37	META PLATFORMS INC	META	1,359	$998,188	0.85%
38	NVIDIA CORPORATION	NVDA	3,721	$694,346	0.59%
39	ISHARES TR	464288687	21,401	$676,702	0.58%
40	DIMENSIONAL ETF TRUST	25434V401	9,001	$652,009	0.56%
41	DIMENSIONAL ETF TRUST	25434V500	8,234	$563,686	0.48%
42	VANGUARD INDEX FDS	922908769	1,671	$548,526	0.47%
43	SPDR INDEX SHS FDS	78463X855	7,328	$509,989	0.44%
44	J P MORGAN EXCHANGE TRADED F	46641Q332	8,604	$491,309	0.42%
45	BRAZE INC	BRZE	16,766	$476,825	0.41%
46	ALPHABET INC	GOOG	1,801	$438,656	0.38%
47	J P MORGAN EXCHANGE TRADED F	46641Q654	8,453	$431,425	0.37%
48	MICROSOFT CORP	MSFT	794	$411,172	0.35%
49	ISHARES TR	464287150	2,696	$392,710	0.34%
50	ISHARES GOLD TR	IAU	5,184	$377,240	0.32%
51	DIMENSIONAL ETF TRUST	25434V302	11,745	$370,310	0.32%
52	AMAZON COM INC	AMZN	1,678	$368,438	0.32%
53	ALPS ETF TR	00162Q478	7,202	$368,281	0.32%
54	TIDAL TRUST III	45259A209	7,626	$363,651	0.31%
55	VANGUARD INDEX FDS	922908363	528	$323,499	0.28%
56	VANGUARD SCOTTSDALE FDS	92206C664	3,239	$316,860	0.27%
57	ALPHABET INC	GOOG	1,225	$297,786	0.26%
58	DOORDASH INC	DASH	1,022	$277,974	0.24%
59	VANGUARD WORLD FD	921910725	4,005	$277,845	0.24%
60	SPDR SERIES TRUST	78464A284	10,514	$262,124	0.22%
61	VANGUARD WHITEHALL FDS	921946885	3,753	$251,083	0.22%
62	VANGUARD INTL EQUITY INDEX F	922042858	4,402	$238,512	0.20%
63	BROADSTONE NET LEASE INC	BNL	12,782	$228,411	0.20%
64	BROADCOM INC	AVGO	672	$221,559	0.19%
65	SPDR INDEX SHS FDS	78463X202	3,391	$210,619	0.18%
66	ISHARES TR	464288513	2,583	$209,714	0.18%
67	SPDR INDEX SHS FDS	78463X749	4,501	$206,034	0.18%
68	ISHARES TR	46432F842	2,353	$205,437	0.18%
69	NEW YORK LIFE INVESTMENTS ET	45409B107	6,043	$203,229	0.17%
70	SPDR SERIES TRUST	78468R747	1,571	$200,249	0.17%