Institutional Manager · CIK 0001871734

Level Financial Advisors

EAST AMHERST, NY · File #028-21465

Latest AUM

$378.2M

Positions

Top-10 Concentration

58.4%

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 SCOTTSDALE FDS	92206C102	+54,517	+$3.2M	-$53,518
ADD	DIMENSIONAL ETF TRUST	25434V658	+60,536	+$1.6M	-$417,537
ADD	DIMENSIONAL ETF TRUST	25434V732	+47,274	+$1.6M	+$316,863
ADD	DIMENSIONAL ETF TRUST	25434V856	+35,340	+$1.5M	-$192,199
ADD	VANGUARD TAX-MANAGED FDS	921943858	+23,062	+$1.4M	+$1.0M
ADD	VANGUARD INDEX FDS	922908736	+2,428	+$1.2M	+$152,496
ADD	VANGUARD CHARLOTTE FDS	92203J407	+23,349	+$1.1M	-$178,794
ADD	DIMENSIONAL ETF TRUST	25434V666	+30,958	+$1.1M	+$319,139
REDUCE	SPDR S&P 500 ETF TR	SPY	-1,542	-$1.1M	+$59,967
ADD	VANGUARD INDEX FDS	922908363	+1,663	+$1.0M	+$1.3M

Sector Allocation

Technology

1.4%$5.5M

Industrials

0.4%$1.7M

Financials

0.3%$1.2M

Consumer Discretionary

0.3%$1.2M

Communication Services

0.2%$846,878

Energy

0.1%$538,344

Healthcare

0.1%$492,047

Filing History

Jan 26, 202613F HOLDINGS REPORTQ/E Dec 202595 pos · $378.2M
Oct 15, 202513F HOLDINGS REPORTQ/E Sep 202594 pos · $354.8M
Jul 15, 202513F HOLDINGS REPORTQ/E Jun 202590 pos · $321.4M
Apr 10, 202513F HOLDINGS REPORTQ/E Mar 202585 pos · $294.1M
Jan 22, 202513F HOLDINGS REPORTQ/E Dec 202479 pos · $272.5M
Oct 10, 202413F HOLDINGS REPORTQ/E Sep 202475 pos · $262.0M
Jul 23, 202413F HOLDINGS REPORTQ/E Jun 202467 pos · $230.8M
Apr 19, 202413F HOLDINGS REPORTQ/E Mar 202472 pos · $220.5M
Oct 18, 202313F HOLDINGS REPORTQ/E Dec 2023286 pos · $178.9M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD INDEX FDS	922908363	90,688	$56.9M	15.82%
2	VANGUARD SCOTTSDALE FDS	92206C102	500,842	$29.4M	8.18%
3	VANGUARD TAX-MANAGED FDS	921943858	434,155	$27.1M	7.54%
4	VANGUARD BD INDEX FDS	921937827	209,820	$16.5M	4.60%
5	DIMENSIONAL ETF TRUST	25434V831	405,407	$15.4M	4.29%
6	VANGUARD SCOTTSDALE FDS	92206C409	179,485	$14.3M	3.98%
7	DIMENSIONAL ETF TRUST	25434V658	529,668	$14.0M	3.89%
8	DIMENSIONAL ETF TRUST	25434V856	320,062	$13.3M	3.70%
9	DIMENSIONAL ETF TRUST	25434V732	361,010	$11.9M	3.32%
10	VANGUARD SCOTTSDALE FDS	92206C771	237,034	$11.2M	3.10%
11	VANGUARD INDEX FDS	922908736	20,890	$10.2M	2.83%
12	DIMENSIONAL ETF TRUST	25434V666	274,575	$9.4M	2.61%
13	VANGUARD INDEX FDS	922908744	48,459	$9.3M	2.57%
14	DIMENSIONAL ETF TRUST	25434V724	194,861	$9.1M	2.52%
15	VANGUARD CHARLOTTE FDS	92203J407	180,161	$8.7M	2.42%
16	DIMENSIONAL ETF TRUST	25434V773	258,264	$8.5M	2.37%
17	AMERICAN CENTY ETF TR	025072356	173,215	$7.5M	2.10%
18	VANGUARD INDEX FDS	922908769	20,936	$7.0M	1.95%
19	AMERICAN CENTY ETF TR	025072604	67,978	$5.2M	1.46%
20	PROCTER AND GAMBLE CO	742718109	36,520	$5.2M	1.46%