Institutional Manager · CIK 0001748271

Facet Wealth, Inc.

BALTIMORE, MD · File #028-21141

Latest AUM

$5.65B

Positions

299

Top-10 Concentration

71.2%

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
NEW	ISHARES INC	46434G764	+2,006,029	+$164.6M	$0
ADD	VANGUARD TAX-MANAGED FDS	921943858	+1,364,967	+$91.1M	+$82.1M
ADD	VANGUARD BD INDEX FDS	921937835	+906,255	+$67.3M	-$687,711
ADD	VANGUARD INDEX FDS	922908769	+188,623	+$64.7M	+$29.5M
ADD	ISHARES TR	46432F339	+259,414	+$53.0M	+$25.7M
REDUCE	ISHARES TR	464287630	-171,233	-$33.3M	+$3.7M
ADD	ISHARES TR	464288414	+290,546	+$31.3M	+$1.7M
REDUCE	SPDR SERIES TRUST	78464A847	-394,874	-$24.1M	+$10.9M
ADD	VANGUARD INTL EQUITY INDEX F	922042858	+386,153	+$22.3M	+$11.8M
ADD	VANGUARD SCOTTSDALE FDS	92206C870	+253,188	+$21.2M	-$317,114

Sector Allocation

Technology

1.4%$82.2M

Consumer Discretionary

0.3%$18.1M

Financials

0.2%$13.8M

Communication Services

0.2%$12.7M

0.2%$10.3M

0.1%$6.6M

0.1%$5.0M

0.1%$3.2M

0.0%$758,460

0.0%$511,862

0.0%$456,723

Filing History

Jan 29, 202613F HOLDINGS REPORTQ/E Dec 2025299 pos · $5.65B
Oct 30, 202513F HOLDINGS REPORTQ/E Sep 2025215 pos · $4.83B
Aug 1, 202513F HOLDINGS REPORTQ/E Jun 2025174 pos · $4.40B
May 7, 202513F HOLDINGS REPORTQ/E Mar 2025137 pos · $3.86B
Feb 10, 202513F HOLDINGS REPORTQ/E Dec 2024143 pos · $3.77B
Nov 4, 202413F HOLDINGS REPORTQ/E Sep 2024141 pos · $3.51B
Jul 31, 202413F HOLDINGS REPORTQ/E Jun 2024141 pos · $3.26B
May 7, 202413F HOLDINGS REPORTQ/E Mar 2024121 pos · $2.97B
Nov 1, 202313F HOLDINGS REPORTQ/E Dec 202395 pos · $2.03B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD TAX-MANAGED FDS	921943858	13,444,679	$897.0M	16.47%
2	VANGUARD INDEX FDS	922908769	2,164,451	$742.6M	13.64%
3	ISHARES TR	46432F339	2,888,100	$590.0M	10.83%
4	VANGUARD BD INDEX FDS	921937835	6,636,749	$492.8M	9.05%
5	VANGUARD INDEX FDS	922908744	1,535,058	$304.4M	5.59%
6	VANGUARD INTL EQUITY INDEX F	922042858	3,599,352	$208.3M	3.82%
7	ISHARES TR	464288414	1,570,665	$169.3M	3.11%
8	ISHARES INC	46434G764	2,006,029	$164.6M	3.02%
9	VANGUARD SCOTTSDALE FDS	92206C870	1,838,783	$154.3M	2.83%
10	SPDR SERIES TRUST	78464A847	2,515,602	$153.3M	2.81%
11	ISHARES TR	464287671	773,302	$132.7M	2.44%
12	VANGUARD WORLD FD	921910816	308,151	$127.1M	2.33%
13	ISHARES TR	46432F842	1,277,124	$120.5M	2.21%
14	ISHARES TR	464288661	966,634	$115.2M	2.11%
15	VANGUARD MUN BD FDS	922907746	2,027,620	$102.5M	1.88%
16	ISHARES TR	464287150	632,590	$96.2M	1.77%
17	ISHARES TR	464288356	1,497,857	$86.6M	1.59%
18	SPDR INDEX SHS FDS	78463X889	1,316,376	$62.3M	1.14%
19	J P MORGAN EXCHANGE TRADED F	46641Q761	849,026	$54.9M	1.01%
20	SPDR SERIES TRUST	78464A508	841,912	$48.8M	0.90%