Institutional Manager · CIK 0001905198
Morling Financial Advisors, LLC
FREMONT, CA · File #028-21604
Latest AUM
$318.2M
Positions
103
Top-10 Concentration
78.2%
Filings
9
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 | SSGA ACTIVE ETF TR | 78467V848 | +68,964 | +$2.8M | -$301,464 |
| ADD | VANGUARD SCOTTSDALE FDS | 92206C102 | +38,538 | +$2.3M | -$52,499 |
| ADD | TCW ETF TRUST | 29287L700 | +45,565 | +$1.8M | -$138,546 |
| ADD | SIMPLIFY EXCHANGE TRADED FUN | 82889N525 | +26,408 | +$1.3M | +$18,735 |
| ADD | VANGUARD INDEX FDS | 922908769 | +3,093 | +$1.0M | +$848,354 |
| ADD | DIMENSIONAL ETF TRUST | 25434V302 | +23,262 | +$757,644 | +$765,297 |
| REDUCE | APPLE INC | AAPL | -2,566 | -$697,593 | +$702,360 |
| NEW | ROYAL GOLD INC | RGLD | +2,475 | +$550,168 | $0 |
| ADD | DIMENSIONAL ETF TRUST | 25434V203 | +13,126 | +$500,232 | +$608,091 |
| EXITED | SANDSTORM GOLD LTD | 80013R206 | -39,600 | -$495,792 | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025103 pos · $318.2M
- 13F HOLDINGS REPORTQ/E Sep 2025105 pos · $302.4M
- 13F HOLDINGS REPORTQ/E Jun 2025102 pos · $305.8M
- 13F HOLDINGS REPORTQ/E Mar 2025121 pos · $290.6M
- 13F HOLDINGS REPORTQ/E Dec 2024121 pos · $286.8M
- 13F HOLDINGS REPORTQ/E Sep 2024100 pos · $262.4M
- 13F HOLDINGS REPORTQ/E Jun 202490 pos · $229.4M
- 13F HOLDINGS REPORTQ/E Mar 2024104 pos · $174.9M
- 13F HOLDINGS REPORTQ/E Dec 202373 pos · $100.9M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908769 | 122,594 | $41.1M | 13.27% |
| 2 | SSGA ACTIVE ETF TR | 78467V848 | 1,011,006 | $40.7M | 13.14% |
| 3 | TCW ETF TRUST | 29287L700 | 738,344 | $29.2M | 9.44% |
| 4 | VANGUARD SCOTTSDALE FDS | 92206C102 | 475,730 | $27.9M | 9.02% |
| 5 | DIMENSIONAL ETF TRUST | 25434V104 | 530,647 | $24.8M | 8.02% |
| 6 | DIMENSIONAL ETF TRUST | 25434V302 | 759,127 | $24.7M | 7.98% |
| 7 | SIMPLIFY EXCHANGE TRADED FUN | 82889N525 | 338,739 | $17.1M | 5.51% |
| 8 | DIMENSIONAL ETF TRUST | 25434V203 | 358,621 | $13.7M | 4.41% |
| 9 | SCHWAB STRATEGIC TR | 808524201 | 458,881 | $12.3M | 3.99% |
| 10 | APPLE INC | AAPL | 38,195 | $10.4M | 3.35% |
| 11 | SPDR SERIES TRUST | 78464A854 | 109,702 | $8.8M | 2.84% |
| 12 | AMERICAN CENTY ETF TR | 025072885 | 54,497 | $6.1M | 1.97% |
| 13 | ISHARES TR | 464287200 | 8,095 | $5.5M | 1.79% |
| 14 | ISHARES INC | 46434G103 | 69,966 | $4.7M | 1.52% |
| 15 | TESLA INC | TSLA | 8,396 | $3.8M | 1.22% |
| 16 | VANGUARD TAX-MANAGED FDS | 921943858 | 58,266 | $3.6M | 1.18% |
| 17 | ISHARES TR | 464287150 | 17,478 | $2.6M | 0.84% |
| 18 | ALPHABET INC | GOOG | 7,066 | $2.2M | 0.72% |
| 19 | NVIDIA CORPORATION | NVDA | 11,854 | $2.2M | 0.71% |
| 20 | ISHARES TR | 46435G425 | 12,527 | $1.9M | 0.60% |