13F HOLDINGS REPORT

Clark Asset Management, LLC

Quarter ended Q4 2025 · Filed January 27, 2026 · Accession 0002063364-26-000031

Total Value

$963.3M

Positions

237

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (237)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD TAX-MANAGED FDS	921943858	2,341,248	$146.3M	15.18%
2	VANGUARD INDEX FDS	922908736	198,665	$96.9M	10.06%
3	VANGUARD INDEX FDS	922908744	457,865	$87.4M	9.08%
4	VANGUARD INTL EQUITY INDEX F	922042858	957,427	$51.5M	5.34%
5	VANGUARD INDEX FDS	922908751	153,222	$39.5M	4.10%
6	VANGUARD CHARLOTTE FDS	92203J407	780,698	$37.7M	3.92%
7	VANGUARD BD INDEX FDS	921937827	468,403	$36.9M	3.83%
8	VANGUARD INDEX FDS	922908769	93,891	$31.5M	3.27%
9	APPLE INC	AAPL	100,525	$27.3M	2.84%
10	INVESCO EXCH TRD SLF IDX FD	IVZ	963,241	$19.8M	2.06%
11	INVESCO EXCH TRD SLF IDX FD	IVZ	1,000,695	$19.8M	2.05%
12	INVESCO EXCH TRD SLF IDX FD	IVZ	1,001,898	$18.9M	1.96%
13	VANGUARD BD INDEX FDS	921937819	233,197	$18.2M	1.89%
14	INVESCO EXCH TRD SLF IDX FD	IVZ	918,609	$18.0M	1.87%
15	VANGUARD SCOTTSDALE FDS	92206C771	354,406	$16.7M	1.73%
16	VANGUARD BD INDEX FDS	921937793	235,891	$16.4M	1.70%
17	INVESCO EXCH TRD SLF IDX FD	IVZ	951,611	$16.1M	1.67%
18	VANGUARD MUN BD FDS	922907746	307,667	$15.5M	1.61%
19	INVESCO EXCH TRD SLF IDX FD	IVZ	769,745	$12.9M	1.33%
20	VANGUARD INDEX FDS	922908363	19,055	$11.9M	1.24%
21	MICROSOFT CORP	MSFT	22,139	$10.7M	1.11%
22	INVESCO EXCH TRD SLF IDX FD	IVZ	418,701	$8.7M	0.91%
23	INVESCO QQQ TR	IVZ	12,608	$7.7M	0.80%
24	AMAZON COM INC	AMZN	33,359	$7.7M	0.80%
25	INVESCO EXCH TRD SLF IDX FD	IVZ	351,203	$7.5M	0.78%
26	SCHWAB STRATEGIC TR	808524102	239,110	$6.3M	0.65%
27	INVESCO EXCH TRD SLF IDX FD	IVZ	260,494	$5.5M	0.57%
28	NVIDIA CORPORATION	NVDA	26,029	$4.9M	0.50%
29	ISHARES TR	464287150	27,866	$4.1M	0.43%
30	DIMENSIONAL ETF TRUST	25434V708	104,312	$4.1M	0.43%
31	META PLATFORMS INC	META	6,142	$4.1M	0.42%
32	DIMENSIONAL ETF TRUST	25434V401	53,607	$4.0M	0.41%
33	VANGUARD INTL EQUITY INDEX F	922042775	51,984	$3.8M	0.40%
34	ALPHABET INC	GOOG	12,141	$3.8M	0.39%
35	ALPHABET INC	GOOG	11,926	$3.7M	0.39%
36	VISA INC	V	10,368	$3.6M	0.38%
37	JPMORGAN CHASE & CO.	VYLD	10,307	$3.3M	0.34%
38	MASTERCARD INCORPORATED	MA	5,120	$2.9M	0.30%
39	HOME DEPOT INC	HD	8,163	$2.8M	0.29%
40	ISHARES TR	464287200	3,920	$2.7M	0.28%
41	DIMENSIONAL ETF TRUST	25434V724	54,841	$2.6M	0.27%
42	TESLA INC	TSLA	5,645	$2.5M	0.26%
43	JOHNSON & JOHNSON	JNJ	11,032	$2.3M	0.24%
44	BERKSHIRE HATHAWAY INC DEL	BRK-A	3	$2.3M	0.24%
45	DIMENSIONAL ETF TRUST	25434V807	43,310	$2.2M	0.22%
46	INVESCO EXCH TRD SLF IDX FD	IVZ	101,610	$2.1M	0.22%
47	VANGUARD STAR FDS	921909768	27,646	$2.1M	0.22%
48	BERKSHIRE HATHAWAY INC DEL	BRK-A	3,932	$2.0M	0.21%
49	CADENCE DESIGN SYSTEM INC	CDNS	6,299	$2.0M	0.20%
50	DEERE & CO	DE	4,011	$1.9M	0.19%
51	DIMENSIONAL ETF TRUST	25434V609	30,054	$1.8M	0.19%
52	INVESCO EXCH TRD SLF IDX FD	IVZ	74,852	$1.7M	0.18%
53	VANGUARD INDEX FDS	922908512	9,382	$1.7M	0.17%
54	NORFOLK SOUTHN CORP	655844108	5,521	$1.6M	0.17%
55	ISHARES TR	46432F834	18,293	$1.5M	0.16%
56	INVESCO EXCH TRD SLF IDX FD	IVZ	64,723	$1.5M	0.16%
57	AMERICAN CENTY ETF TR	025072877	14,717	$1.5M	0.16%
58	SCHWAB STRATEGIC TR	808524805	61,603	$1.5M	0.15%
59	INVESCO EXCHANGE TRADED FD T	IVZ	7,659	$1.5M	0.15%
60	INVESCO EXCH TRD SLF IDX FD	IVZ	67,587	$1.4M	0.15%
61	INVESCO EXCH TRD SLF IDX FD	IVZ	64,455	$1.4M	0.15%
62	DIMENSIONAL ETF TRUST	25434V740	39,563	$1.3M	0.14%
63	INVESCO EXCH TRADED FD TR II	IVZ	24,192	$1.3M	0.13%
64	ISHARES TR	46432F842	13,587	$1.2M	0.13%
65	ISHARES TR	464288356	21,132	$1.2M	0.13%
66	WORLD GOLD TR	GLDW	14,062	$1.2M	0.12%
67	DIMENSIONAL ETF TRUST	25434V500	17,022	$1.2M	0.12%
68	INVESCO EXCH TRD SLF IDX FD	IVZ	47,192	$1.2M	0.12%
69	AMERICAN CENTY ETF TR	025072802	11,971	$1.1M	0.12%
70	INVESCO EXCH TRD SLF IDX FD	IVZ	46,892	$1.1M	0.12%
71	INTERNATIONAL BUSINESS MACHS	INTR	3,566	$1.1M	0.11%
72	SPDR GOLD TR	GLD	2,592	$1.0M	0.11%
73	DIMENSIONAL ETF TRUST	25434V880	31,138	$1.0M	0.11%
74	TRANE TECHNOLOGIES PLC	TT	2,586	$1.0M	0.10%
75	VANGUARD WELLINGTON FD	921935607	6,338	$955,296	0.10%
76	INVESCO EXCH TRD SLF IDX FD	IVZ	36,615	$946,683	0.10%
77	PROCTER AND GAMBLE CO	742718109	6,516	$933,816	0.10%
78	ISHARES TR	46429B689	10,799	$931,414	0.10%
79	BROADCOM INC	AVGO	2,648	$916,514	0.10%
80	DIMENSIONAL ETF TRUST	25434V799	26,251	$904,609	0.09%
81	GAP INC	GAP	34,529	$883,942	0.09%
82	ISHARES INC	46434G103	12,835	$862,800	0.09%
83	ISHARES TR	464287655	3,450	$849,252	0.09%
84	INVESCO EXCH TRD SLF IDX FD	IVZ	33,711	$828,668	0.09%
85	CATERPILLAR INC	CAT	1,418	$812,330	0.08%
86	ELI LILLY & CO	LLY	745	$800,637	0.08%
87	INVESCO EXCH TRADED FD TR II	IVZ	11,200	$799,914	0.08%
88	ANALOG DEVICES INC	ADI	2,916	$790,819	0.08%
89	ABBVIE INC	ABBV	3,429	$783,536	0.08%
90	APPLIED MATLS INC	038222105	3,036	$780,222	0.08%
91	SPDR INDEX SHS FDS	78463X889	17,382	$771,935	0.08%
92	EXXON MOBIL CORP	XOM	6,349	$763,985	0.08%
93	VANGUARD BD INDEX FDS	921937835	10,249	$759,122	0.08%
94	NETFLIX INC	NFLX	7,937	$744,173	0.08%
95	MCDONALDS CORP	MCD	2,394	$731,541	0.08%
96	VANGUARD INDEX FDS	922908553	8,202	$725,817	0.08%
97	EMERSON ELEC CO	EMR	5,422	$719,608	0.07%
98	SPDR DOW JONES INDL AVERAGE	78467X109	1,475	$708,736	0.07%
99	ISHARES TR	46432F339	3,495	$694,177	0.07%
100	COSTCO WHSL CORP NEW	22160K105	792	$682,973	0.07%
101	WALMART INC	WMT	6,102	$679,780	0.07%
102	SPDR SERIES TRUST	78464A284	26,599	$663,379	0.07%
103	SELECT SECTOR SPDR TR	81369Y803	4,542	$653,912	0.07%
104	SCHWAB STRATEGIC TR	808524771	23,388	$636,387	0.07%
105	VANGUARD SPECIALIZED FUNDS	921908844	2,814	$618,514	0.06%
106	INVESCO EXCH TRADED FD TR II	IVZ	7,135	$601,397	0.06%
107	ISHARES TR	464287671	3,515	$590,338	0.06%
108	ISHARES TR	464287846	3,540	$586,967	0.06%
109	SPDR S&P 500 ETF TR	SPY	851	$580,645	0.06%
110	3M CO	MMM	3,615	$578,764	0.06%
111	ISHARES TR	464287465	5,955	$571,859	0.06%
112	INVESCO EXCH TRD SLF IDX FD	IVZ	24,175	$571,628	0.06%
113	TAIWAN SEMICONDUCTOR MFG LTD	874039100	1,879	$571,009	0.06%
114	COLGATE PALMOLIVE CO	CL	6,992	$552,508	0.06%
115	ISHARES TR	464287879	4,815	$547,562	0.06%
116	VANGUARD SCOTTSDALE FDS	92206C870	6,416	$537,360	0.06%
117	EA SERIES TRUST	02072L433	15,225	$536,986	0.06%
118	ISHARES TR	464287804	4,461	$536,107	0.06%
119	DIMENSIONAL ETF TRUST	25434V815	16,286	$535,647	0.06%
120	VANGUARD WORLD FD	921910725	7,313	$523,757	0.05%
121	ORACLE CORP	ORCL-PD	2,575	$501,895	0.05%
122	ISHARES TR	46435G672	9,943	$497,249	0.05%
123	GARMIN LTD	GRMN	2,450	$496,982	0.05%
124	WISDOMTREE TR	WT	5,523	$493,922	0.05%
125	ABBOTT LABS	ABLZF	3,928	$492,175	0.05%
126	WEX INC	WEX	3,265	$486,420	0.05%
127	ISHARES TR	464287614	1,007	$476,716	0.05%
128	MERCK & CO INC	MRK	4,459	$469,354	0.05%
129	ISHARES TR	464287663	4,564	$467,993	0.05%
130	AUTOMATIC DATA PROCESSING IN	ADP	1,800	$463,025	0.05%
131	INVESCO EXCHANGE TRADED FD T	IVZ	4,003	$455,782	0.05%
132	GOLDMAN SACHS GROUP INC	GSCE	514	$451,558	0.05%
133	ISHARES TR	464287887	3,173	$447,901	0.05%
134	SPDR SERIES TRUST	78468R101	15,101	$442,157	0.05%
135	GE AEROSPACE	369604301	1,394	$429,399	0.04%
136	SELECT SECTOR SPDR TR	81369Y605	7,795	$426,930	0.04%
137	SCHWAB STRATEGIC TR	808524300	12,673	$413,393	0.04%
138	PULTE GROUP INC	745867101	3,460	$405,720	0.04%
139	AMERICAN CENTY ETF TR	025072885	3,624	$405,091	0.04%
140	ISHARES TR	464287234	7,353	$402,298	0.04%
141	ISHARES TR	464287622	1,065	$397,714	0.04%
142	VANGUARD INDEX FDS	922908595	1,301	$393,147	0.04%
143	VANGUARD INDEX FDS	922908629	1,347	$390,980	0.04%
144	CISCO SYS INC	CSCO	4,974	$383,123	0.04%
145	VANECK ETF TRUST	92189F676	1,054	$379,449	0.04%
146	VANGUARD WORLD FD	921910733	3,088	$373,524	0.04%
147	DIMENSIONAL ETF TRUST	25434V831	9,802	$372,770	0.04%
148	WARRIOR MET COAL INC	HCC	4,150	$365,906	0.04%
149	QUALCOMM INC	QCOM	2,138	$365,705	0.04%
150	SPDR SERIES TRUST	78464A672	12,665	$365,259	0.04%
151	AMERICAN EXPRESS CO	AXP	982	$363,307	0.04%
152	FISERV INC	FISV	5,396	$362,449	0.04%
153	DIMENSIONAL ETF TRUST	25434V666	10,450	$357,494	0.04%
154	BANK AMERICA CORP	060505104	6,448	$354,620	0.04%
155	ISHARES INC	46434G822	4,326	$349,281	0.04%
156	OREILLY AUTOMOTIVE INC	67103H107	3,750	$342,038	0.04%
157	PFIZER INC	PFE	13,725	$341,757	0.04%
158	BLACKSTONE INC	BX	2,206	$340,033	0.04%
159	INVESCO EXCHANGE TRADED FD T	IVZ	3,274	$338,381	0.04%
160	VANGUARD INTL EQUITY INDEX F	922042742	2,379	$335,581	0.03%
161	VANGUARD WHITEHALL FDS	921946406	2,322	$333,202	0.03%
162	SPDR SERIES TRUST	78464A664	12,510	$331,140	0.03%
163	INVESCO EXCH TRADED FD TR II	IVZ	1,308	$330,822	0.03%
164	FLEXSHARES TR	FLEX	10,708	$325,523	0.03%
165	WISDOMTREE TR	WT	6,682	$325,146	0.03%
166	ISHARES TR	46435G102	3,221	$317,268	0.03%
167	SCHWAB STRATEGIC TR	808524755	6,944	$313,938	0.03%
168	BLACKROCK INC	BLK	292	$312,112	0.03%
169	GLOBAL X FDS	37954Y673	6,502	$310,731	0.03%
170	ON SEMICONDUCTOR CORP	ON	5,701	$308,709	0.03%
171	FIDELITY COMWLTH TR	315912808	3,358	$306,921	0.03%
172	BUCKLE INC	BKE	5,717	$305,402	0.03%
173	PROSHARES TR	74348A467	2,926	$304,509	0.03%
174	VANGUARD WORLD FD	92204A702	399	$300,758	0.03%
175	ISHARES TR	464287515	2,795	$295,404	0.03%
176	CENCORA INC	COR	862	$291,140	0.03%
177	PIMCO ETF TR	72201R866	5,470	$286,683	0.03%
178	SPDR SERIES TRUST	78464A409	2,685	$286,490	0.03%
179	UNITEDHEALTH GROUP INC	UNH	867	$286,288	0.03%
180	VANGUARD INDEX FDS	922908611	1,349	$285,607	0.03%
181	VANGUARD WORLD FD	92204A207	1,347	$284,540	0.03%
182	ISHARES TR	464288679	2,583	$284,490	0.03%
183	ISHARES TR	464287408	1,334	$282,901	0.03%
184	HAWKINS INC	HWKN	1,982	$281,563	0.03%
185	SCHWAB STRATEGIC TR	808524201	10,361	$278,815	0.03%
186	UNIVERSAL INS HLDGS INC	91359V107	8,150	$275,470	0.03%
187	SELECT SECTOR SPDR TR	81369Y852	2,333	$274,641	0.03%
188	SYNOPSYS INC	SNPS	572	$268,680	0.03%
189	HEICO CORP NEW	HEI-A	830	$268,580	0.03%
190	ANNALY CAPITAL MANAGEMENT IN	NLY-PJ	12,000	$268,320	0.03%
191	GE VERNOVA INC	GEV	406	$265,349	0.03%
192	ISHARES TR	464288588	2,781	$264,807	0.03%
193	SCHWAB STRATEGIC TR	808524607	9,187	$261,646	0.03%
194	RTX CORPORATION	RTX	1,416	$259,694	0.03%
195	SANOFI SA	SNYNF	5,341	$258,825	0.03%
196	WILLIAMS SONOMA INC	WSM	1,444	$257,884	0.03%
197	D R HORTON INC	23331A109	1,754	$252,629	0.03%
198	VANGUARD WHITEHALL FDS	921946810	2,740	$250,573	0.03%
199	BOOKING HOLDINGS INC	BKNG	46	$247,321	0.03%
200	SALESFORCE INC	CRM	917	$242,837	0.03%
201	CHEVRON CORP NEW	CVX	1,587	$241,892	0.03%
202	CNO FINL GROUP INC	12621E103	5,678	$241,145	0.03%
203	COCA COLA CO	KO	3,419	$239,001	0.02%
204	ADVANCED MICRO DEVICES INC	AMD	1,113	$238,360	0.02%
205	SCHWAB STRATEGIC TR	808524409	7,863	$232,823	0.02%
206	FIRST TR EXCHANGE-TRADED FD	33738D101	6,119	$231,727	0.02%
207	CINTAS CORP	CTAS	1,220	$229,445	0.02%
208	APOLLO GLOBAL MGMT INC	03769M106	1,575	$227,997	0.02%
209	NETGEAR INC	NTGR	9,196	$225,578	0.02%
210	CROWDSTRIKE HLDGS INC	CRWD	479	$224,536	0.02%
211	VANGUARD SCOTTSDALE FDS	92206C409	2,798	$223,059	0.02%
212	INGERSOLL RAND INC	IR	2,813	$222,846	0.02%
213	STRYKER CORPORATION	SYK	634	$222,832	0.02%
214	WISDOMTREE TR	WT	7,111	$222,635	0.02%
215	ISHARES TR	464287705	1,684	$221,598	0.02%
216	SCHWAB STRATEGIC TR	808524763	7,000	$220,570	0.02%
217	STARBUCKS CORP	SBUX	2,581	$217,321	0.02%
218	GLOBAL X FDS	37954Y632	4,254	$216,358	0.02%
219	TIDAL TRUST I	886364439	9,352	$210,888	0.02%
220	ISHARES TR	464288307	2,625	$209,580	0.02%
221	INVESTMENT MANAGERS SER TR I	46141T117	11,245	$209,452	0.02%
222	WISDOMTREE TR	WT	6,183	$206,821	0.02%
223	ASML HOLDING N V	ASMLF	193	$206,483	0.02%
224	PEPSICO INC	PEP	1,432	$205,561	0.02%
225	SPDR SERIES TRUST	78468R812	1,180	$205,538	0.02%
226	DANAOS CORPORATION	DAC	2,181	$205,407	0.02%
227	VANGUARD WHITEHALL FDS	921946794	2,276	$204,840	0.02%
228	VANGUARD INTL EQUITY INDEX F	922042718	1,422	$203,815	0.02%
229	ISHARES TR	464288414	1,880	$201,343	0.02%
230	NUVEEN QUALITY MUNCP INCOME	NU	16,006	$192,392	0.02%
231	FS CREDIT OPPORTUNITIES CORP	FSCO	29,974	$188,836	0.02%
232	TEEKAY CORPORATION LTD	TK	19,555	$176,582	0.02%
233	PERMIAN BASIN RTY TR	714236106	10,000	$169,600	0.02%
234	INOGEN INC	INGN	21,381	$143,680	0.01%
235	DNP SELECT INCOME FD INC	23325P104	11,903	$118,911	0.01%
236	BAUSCH HEALTH COS INC	071734107	11,628	$80,815	0.01%
237	ORCHID IS CAP INC	68571X301	10,225	$73,620	0.01%