Institutional Manager · CIK 0002041943
Millstone Evans Group, LLC
BOULDER, CO · File #028-24904
Latest AUM
$170.0M
Positions
857
Top-10 Concentration
58.4%
Filings
5
Portfolio Value Over Time
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 | SCHWAB FUNDAMENTAL U.S. LARGE COMPANY ETF | 808524771 | +42,631 | +$1.2M | $0 |
| ADD | VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF | 921946794 | +9,917 | +$892,530 | +$19,338 |
| ADD | MICROSOFT CORPORATION | MSFT | +1,577 | +$762,682 | -$540,447 |
| ADD | VANGUARD INDEX FUNDS S&P 500 ETF SHS NEW | 922908363 | +968 | +$607,062 | +$27,523 |
| NEW | SCHWAB U.S. TIPS ETF | 808524870 | +17,753 | +$470,277 | $0 |
| ADD | VANGUARD HIGH DIVIDEND YIELD ETF | 921946406 | +3,219 | +$461,991 | +$5,045 |
| ADD | VANGUARD SMALL-CAP ETF | 922908751 | +1,389 | +$358,293 | +$429 |
| ADD | WORLD GOLD TR SPDR GOLD MINISHARES TR NEW | GLDW | +3,822 | +$326,284 | +$23,879 |
| NEW | SCHWAB FUNDAMENTAL INTERNATIONAL EQUITY ETF | 808524755 | +7,190 | +$325,060 | $0 |
| ADD | ISHARES TR CORE US AGGBD ET | 464287226 | +3,004 | +$300,040 | -$8 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025857 pos · $170.0M
- 13F HOLDINGS REPORTQ/E Sep 2025834 pos · $157.4M
- 13F HOLDINGS REPORTQ/E Jun 2025763 pos · $146.7M
- 13F HOLDINGS REPORTQ/E Mar 2025797 pos · $147.4M
- 13F HOLDINGS REPORTQ/E Dec 2024732 pos · $146.7M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | APPLE INCORPORATED | AAPL | 56,783 | $15.4M | 13.77% |
| 2 | NVIDIA CORPORATION | NVDA | 80,792 | $15.1M | 13.44% |
| 3 | MICROSOFT CORPORATION | MSFT | 17,320 | $8.4M | 7.47% |
| 4 | BERKSHIRE HATHAWAY INCORPORATED DEL CLASS B NEW | BRK-A | 10,672 | $5.4M | 4.79% |
| 5 | ORACLE CORPORATION | ORCL-PD | 21,589 | $4.2M | 3.75% |
| 6 | ALPHABET INCORPORATED CAP STK CLASS C | GOOG | 12,664 | $4.0M | 3.55% |
| 7 | JPMORGAN CHASE & COMPANY. | VYLD | 11,297 | $3.6M | 3.25% |
| 8 | ISHARES TR RUS MDCP VAL ETF | 464287473 | 22,781 | $3.2M | 2.87% |
| 9 | ISHARES TR MRGSTR MD CP VAL | 464288406 | 38,400 | $3.2M | 2.82% |
| 10 | RAYMOND JAMES FINL INCORPORATED | 754730109 | 18,995 | $3.1M | 2.72% |
| 11 | ALPHABET INCORPORATED CAP STK CLASS A | GOOG | 8,705 | $2.7M | 2.43% |
| 12 | AMAZON COM INCORPORATED | AMZN | 11,117 | $2.6M | 2.29% |
| 13 | JOHNSON & JOHNSON | JNJ | 10,214 | $2.1M | 1.89% |
| 14 | INTERNATIONAL BUSINESS MACHINES | INTR | 6,533 | $1.9M | 1.73% |
| 15 | LINCOLN ELEC HLDGS INCORPORATED | 533900106 | 8,056 | $1.9M | 1.72% |
| 16 | FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUND | 33738D101 | 47,043 | $1.8M | 1.59% |
| 17 | VANGUARD INDEX FUNDS S&P 500 ETF SHS NEW | 922908363 | 2,834 | $1.8M | 1.59% |
| 18 | THERMO FISHER SCIENTIFIC INCORPORATED | TMO | 3,002 | $1.7M | 1.55% |
| 19 | SPDR S&P MIDCAP 400 ETF TRUST | MDY | 2,712 | $1.6M | 1.46% |
| 20 | GE AEROSPACE COM NEW | 369604301 | 5,281 | $1.6M | 1.45% |