Institutional Manager · CIK 0001482106

Courage Miller Partners, LLC

NORFOLK, VA · File #028-14916

Latest AUM

$332.1M

Positions

Top-10 Concentration

66.9%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
REDUCE	SCHWAB STRATEGIC TR	808524201	-60,176	-$1.6M	+$1.1M
REDUCE	SCHWAB STRATEGIC TR	808524805	-37,712	-$906,596	+$1.0M
REDUCE	SCHWAB STRATEGIC TR	808524300	-13,513	-$440,794	+$220,750
REDUCE	AMAZON COM INC	AMZN	-1,619	-$373,698	+$88,538
REDUCE	SCHWAB STRATEGIC TR	808524607	-11,351	-$323,276	+$234,893
REDUCE	VANGUARD INTL EQUITY INDEX F	922042858	-5,418	-$291,272	-$53,357
REDUCE	SCHWAB STRATEGIC TR	808524706	-8,793	-$287,970	-$122,046
REDUCE	SPDR INDEX SHS FDS	78463X848	-6,103	-$219,220	+$202,024
REDUCE	SCHWAB STRATEGIC TR	808524888	-4,805	-$218,772	+$12,879
EXITED	SCHWAB STRATEGIC TR	808524102	-8,075	-$207,605	$0

Sector Allocation

Financials

3.7%$12.4M

Technology

0.7%$2.4M

Consumer Discretionary

0.5%$1.7M

Industrials

0.5%$1.6M

Energy

0.4%$1.3M

Healthcare

0.1%$349,271

Filing History

Jan 26, 202613F HOLDINGS REPORTQ/E Dec 202584 pos · $332.1M
Oct 22, 202513F HOLDINGS REPORTQ/E Sep 202585 pos · $333.5M
Jul 25, 202513F HOLDINGS REPORTQ/E Jun 202586 pos · $315.4M
Apr 29, 202513F HOLDINGS REPORTQ/E Mar 202582 pos · $295.2M
Jan 17, 202513F HOLDINGS REPORTQ/E Dec 202480 pos · $292.1M
Oct 21, 202413F HOLDINGS REPORTQ/E Sep 202481 pos · $297.5M
Jul 25, 202413F HOLDINGS REPORTQ/E Jun 202478 pos · $278.0M
Apr 16, 202413F HOLDINGS REPORTQ/E Mar 202485 pos · $289.2M
Oct 16, 202313F HOLDINGS REPORTQ/E Dec 202374 pos · $243.8M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SCHWAB STRATEGIC TR	808524201	1,745,021	$47.0M	14.67%
2	SCHWAB STRATEGIC TR	808524805	1,250,097	$30.1M	9.39%
3	ISHARES TR	46432F859	552,050	$26.9M	8.41%
4	ISHARES TR	464288646	435,873	$23.0M	7.20%
5	SCHWAB STRATEGIC TR	808524862	794,567	$19.4M	6.05%
6	VANGUARD BD INDEX FDS	921937835	249,376	$18.5M	5.77%
7	SCHWAB STRATEGIC TR	808524508	458,977	$13.8M	4.31%
8	SCHWAB STRATEGIC TR	808524797	478,290	$13.1M	4.10%
9	INVESCO EXCHANGE TRADED FD T	IVZ	59,572	$11.4M	3.57%
10	SCHWAB STRATEGIC TR	808524847	521,872	$10.9M	3.41%
11	SCHWAB STRATEGIC TR	808524607	363,985	$10.4M	3.24%
12	SCHWAB STRATEGIC TR	808524300	273,958	$8.9M	2.79%
13	VANGUARD INTL EQUITY INDEX F	922042858	153,066	$8.2M	2.57%
14	SCHWAB STRATEGIC TR	808524409	271,995	$8.1M	2.52%
15	SCHWAB STRATEGIC TR	808524888	169,285	$7.7M	2.41%
16	SCHWAB STRATEGIC TR	808524706	208,440	$6.8M	2.13%
17	SPDR INDEX SHS FDS	78463X848	188,971	$6.8M	2.12%
18	VANGUARD BD INDEX FDS	921937827	54,865	$4.3M	1.35%
19	ISHARES TR	464287200	4,431	$3.0M	0.95%
20	SPDR SERIES TRUST	78464A821	30,785	$2.8M	0.89%