Institutional Manager · CIK 0001731061

Larson Financial Group LLC

St Louis, MO · File #028-18440

Latest AUM

$3.01B

Positions

3,514

Top-10 Concentration

50.1%

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
ADD	VANGUARD INDEX FDS	922908363	+115,283	+$72.3M	+$312,981
ADD	AMAZON COM INC	AMZN	+230,602	+$53.2M	+$22,752
ADD	ALPHABET INC	GOOG	+76,327	+$24.0M	+$80,709
ADD	SPDR SERIES TRUST	78464A854	+204,057	+$16.4M	+$3.9M
ADD	WISDOMTREE TR	WT	+121,594	+$10.9M	+$420,515
ADD	META PLATFORMS INC	META	+14,934	+$9.9M	+$38,833
ADD	AMERICAN CENTY ETF TR	025072307	+79,708	+$9.1M	+$83,418
ADD	SELECT SECTOR SPDR TR	81369Y803	+47,189	+$6.8M	-$6.1M
ADD	INVESCO EXCH TRD SLF IDX FD	IVZ	+294,837	+$6.7M	-$84,039
ADD	GRAYSCALE BITCOIN TRUST ETF	GBTC	+91,756	+$6.3M	+$10,080

Sector Allocation

Technology

14.0%$420.0M

Financials

12.0%$360.4M

Consumer Discretionary

3.6%$108.9M

3.0%$89.4M

2.7%$80.3M

1.1%$32.6M

1.0%$30.1M

Communication Services

0.7%$21.3M

Materials

0.5%$14.6M

Utilities

0.3%$10.6M

Real Estate

0.3%$9.0M

Filing History

Feb 6, 202613F HOLDINGS REPORTQ/E Dec 20253,514 pos · $3.01B
Nov 14, 202513F HOLDINGS REPORTQ/E Sep 20253,478 pos · $2.86B
Aug 8, 202513F HOLDINGS REPORTQ/E Jun 20253,333 pos · $2.50B
May 2, 202513F HOLDINGS REPORTQ/E Mar 20253,120 pos · $2.11B
Feb 7, 202513F HOLDINGS REPORTQ/E Dec 20242,783 pos · $1.93B
Nov 12, 202413F HOLDINGS REPORTQ/E Sep 20242,718 pos · $1.76B
Aug 2, 202413F HOLDINGS REPORTQ/E Jun 20242,433 pos · $1.47B
May 3, 202413F HOLDINGS REPORTQ/E Mar 20241,788 pos · $1.29B
Nov 3, 202313F HOLDINGS REPORTQ/E Dec 20231,706 pos · $1.02B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SPDR SERIES TRUST	78464A854	2,282,787	$183.1M	10.48%
2	NVIDIA CORPORATION	NVDA	689,367	$128.6M	7.36%
3	APPLE INC	AAPL	423,382	$115.1M	6.59%
4	WISDOMTREE TR	WT	1,016,282	$90.9M	5.20%
5	AMERICAN CENTY ETF TR	025072307	774,632	$88.7M	5.08%
6	VANGUARD INDEX FDS	922908363	115,783	$72.6M	4.16%
7	VANGUARD INDEX FDS	922908629	186,368	$54.1M	3.10%
8	AMAZON COM INC	AMZN	230,702	$53.3M	3.05%
9	INVESCO QQQ TR	IVZ	74,962	$46.0M	2.64%
10	CAPITAL GROUP GLOBAL EQUITY	14020R107	1,363,320	$43.1M	2.47%
11	FRANKLIN TEMPLETON ETF TR	FGDL	763,243	$42.9M	2.46%
12	INVESCO EXCHANGE TRADED FD T	IVZ	870,722	$40.9M	2.34%
13	MICROSOFT CORP	MSFT	79,542	$38.5M	2.20%
14	ISHARES TR	46434V456	740,494	$33.7M	1.93%
15	J P MORGAN EXCHANGE TRADED F	46654Q716	608,573	$32.9M	1.88%
16	APPLIED MATLS INC	038222105	122,269	$31.4M	1.80%
17	BROADCOM INC	AVGO	89,110	$30.8M	1.77%
18	FIDELITY MERRIMACK STR TR	316188309	652,668	$30.0M	1.72%
19	PGIM ETF TR	69344A701	689,207	$29.5M	1.69%
20	SPDR S&P 500 ETF TR	SPY	36,674	$25.0M	1.43%