13F HOLDINGS REPORT

Note Advisors, LLC

Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0002056243-25-000003

Total Value

$144.6M

Positions

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (74)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	DIMENSIONAL ETF TRUST	25434V104	773,824	$32.8M	22.67%
2	DIMENSIONAL ETF TRUST	25434V203	336,987	$11.6M	8.06%
3	DIMENSIONAL ETF TRUST	25434V872	274,299	$11.6M	8.02%
4	VANGUARD BD INDEX FDS	921937835	100,229	$7.4M	5.10%
5	VANGUARD SCOTTSDALE FDS	92206C730	23,771	$6.7M	4.62%
6	DIMENSIONAL ETF TRUST	25434V302	146,271	$4.2M	2.93%
7	VANGUARD INDEX FDS	922908553	43,933	$3.9M	2.71%
8	DIMENSIONAL ETF TRUST	25434V708	104,196	$3.7M	2.58%
9	VANGUARD CHARLOTTE FDS	92203J407	73,507	$3.6M	2.52%
10	VANGUARD WHITEHALL FDS	921946794	41,892	$3.4M	2.32%
11	ISHARES TR	464288323	54,628	$2.8M	1.97%
12	ISHARES TR	464287242	25,595	$2.8M	1.94%
13	VANGUARD TAX-MANAGED FDS	921943858	45,506	$2.6M	1.79%
14	SPDR SERIES TRUST	78464A656	96,573	$2.5M	1.74%
15	GLOBAL X FDS	37954Y657	129,976	$2.4M	1.69%
16	GLOBAL X FDS	37954Y483	110,557	$1.8M	1.28%
17	DIMENSIONAL ETF TRUST	25434V823	78,045	$1.8M	1.27%
18	ISHARES U S ETF TR	46431W853	66,886	$1.7M	1.20%
19	DIMENSIONAL ETF TRUST	25434V849	35,837	$1.7M	1.18%
20	J P MORGAN EXCHANGE TRADED F	46641Q332	28,443	$1.6M	1.12%
21	SCHWAB STRATEGIC TR	808524797	59,718	$1.6M	1.09%
22	DIMENSIONAL ETF TRUST	25434V625	23,129	$1.5M	1.07%
23	VANGUARD SPECIALIZED FUNDS	921908844	7,554	$1.5M	1.07%
24	VANGUARD MUN BD FDS	922907746	27,041	$1.3M	0.92%
25	INVESCO EXCH TRADED FD TR II	IVZ	60,973	$1.3M	0.91%
26	DIMENSIONAL ETF TRUST	25434V575	23,434	$1.3M	0.86%
27	MCDONALDS CORP	MCD	3,982	$1.2M	0.80%
28	ISHARES TR	464288414	10,737	$1.1M	0.78%
29	ALPHABET INC	GOOG	6,311	$1.1M	0.77%
30	ISHARES TR	464287622	3,267	$1.1M	0.77%
31	SSGA ACTIVE TR	78470P309	25,640	$1.1M	0.77%
32	ISHARES TR	46432F834	14,017	$1.1M	0.75%
33	ISHARES TR	46435G672	20,056	$1.0M	0.71%
34	MICROSOFT CORP	MSFT	1,762	$876,655	0.61%
35	FIRST TR EXCH TRADED FD III	33739E108	49,022	$872,592	0.60%
36	SPDR SERIES TRUST	78468R606	34,259	$815,364	0.56%
37	NBT BANCORP INC	NBTB	19,293	$801,611	0.55%
38	ISHARES TR	464287176	7,249	$797,680	0.55%
39	APPLE INC	AAPL	3,786	$776,862	0.54%
40	GOLDMAN SACHS ETF TR	NVGLF	16,433	$756,247	0.52%
41	VANGUARD SCOTTSDALE FDS	92206C573	9,310	$719,942	0.50%
42	VANGUARD WHITEHALL FDS	921946885	11,001	$718,915	0.50%
43	UNITED AIRLS HLDGS INC	UNTCW	6,260	$498,484	0.34%
44	VANGUARD INTL EQUITY INDEX F	922042858	9,425	$466,159	0.32%
45	GLOBAL X FDS	37954Y475	11,944	$465,099	0.32%
46	DIMENSIONAL ETF TRUST	25434V856	10,250	$428,553	0.30%
47	BERKSHIRE HATHAWAY INC DEL	BRK-A	860	$417,612	0.29%
48	BROADCOM INC	AVGO	1,450	$399,693	0.28%
49	VANGUARD STAR FDS	921909768	5,686	$392,846	0.27%
50	VANGUARD INDEX FDS	922908744	2,218	$392,009	0.27%
51	ISHARES TR	46436E718	3,632	$365,706	0.25%
52	SCHWAB STRATEGIC TR	808524854	14,518	$363,386	0.25%
53	VANGUARD INDEX FDS	922908512	2,190	$360,167	0.25%
54	SCHWAB STRATEGIC TR	808524839	15,068	$350,171	0.24%
55	VANGUARD SCOTTSDALE FDS	92206C649	2,505	$348,420	0.24%
56	ISHARES TR	464287226	3,391	$336,387	0.23%
57	HOME DEPOT INC	HD	878	$321,925	0.22%
58	M & T BK CORP	55261F104	1,635	$317,234	0.22%
59	META PLATFORMS INC	META	419	$309,347	0.21%
60	AMAZON COM INC	AMZN	1,408	$308,802	0.21%
61	ISHARES TR	46429B663	2,511	$294,214	0.20%
62	INVESCO QQQ TR	IVZ	529	$291,818	0.20%
63	ALPHABET INC	GOOG	1,542	$271,747	0.19%
64	ISHARES TR	46435G425	1,974	$267,082	0.18%
65	UNITED RENTALS INC	URI	350	$263,690	0.18%
66	ISHARES TR	46434V621	4,022	$257,167	0.18%
67	ANALOG DEVICES INC	ADI	1,056	$251,364	0.17%
68	ISHARES TR	464288273	3,236	$235,192	0.16%
69	ISHARES TR	464287234	4,762	$229,719	0.16%
70	JPMORGAN CHASE & CO.	VYLD	771	$223,521	0.15%
71	CENCORA INC	COR	737	$220,989	0.15%
72	SPDR SERIES TRUST	78464A508	3,950	$206,743	0.14%
73	EXXON MOBIL CORP	XOM	1,883	$203,013	0.14%
74	WALMART INC	WMT	2,052	$200,681	0.14%