Institutional Manager · CIK 0002052588
Baring Financial LLC
BELLINGHAM, WA · File #028-24593
Latest AUM
$164.3M
Positions
70
Top-10 Concentration
49.4%
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 |
|---|---|---|---|---|---|
| ADD | INVESCO EXCH TRADED FD TR II | IVZ | +38,934 | +$9.8M | +$54,419 |
| NEW | SCHWAB STRATEGIC TR | 808524409 | +231,950 | +$6.9M | $0 |
| EXITED | INVESCO EXCHANGE TRADED FD T | 46137V357 | -30,633 | -$5.8M | $0 |
| REDUCE | DIMENSIONAL ETF TRUST | 25434V708 | -136,008 | -$5.4M | +$155,208 |
| ADD | ISHARES TR | 464287200 | +7,537 | +$5.2M | +$248,334 |
| REDUCE | SCHWAB STRATEGIC TR | 808524300 | -129,883 | -$4.2M | +$107,738 |
| NEW | DIMENSIONAL ETF TRUST | 25434V807 | +66,317 | +$3.3M | $0 |
| ADD | VANGUARD SPECIALIZED FUNDS | 921908844 | +13,823 | +$3.0M | +$32,692 |
| ADD | VANGUARD WORLD FD | 921910816 | +7,033 | +$2.9M | +$157,074 |
| REDUCE | VANGUARD INDEX FDS | 922908512 | -16,132 | -$2.9M | +$97,710 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202570 pos · $164.3M
- 13F HOLDINGS REPORTQ/E Sep 202566 pos · $146.7M
- 13F HOLDINGS REPORTQ/E Jun 202567 pos · $133.9M
- 13F HOLDINGS REPORTQ/E Mar 202565 pos · $119.1M
- 13F HOLDINGS REPORTQ/E Dec 202462 pos · $112.2M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 464287200 | 23,400 | $16.0M | 10.18% |
| 2 | INVESCO EXCH TRADED FD TR II | IVZ | 48,314 | $12.2M | 7.76% |
| 3 | VANGUARD WORLD FD | 921910816 | 22,212 | $9.2M | 5.82% |
| 4 | SCHWAB STRATEGIC TR | 808524409 | 231,950 | $6.9M | 4.36% |
| 5 | DIMENSIONAL ETF TRUST | 25434V203 | 164,143 | $6.3M | 3.97% |
| 6 | SPDR SERIES TRUST | 78468R663 | 68,221 | $6.2M | 3.96% |
| 7 | INVESCO QQQ TR | IVZ | 9,198 | $5.7M | 3.59% |
| 8 | ISHARES TR | 46436E718 | 54,225 | $5.4M | 3.46% |
| 9 | ISHARES TR | 464288679 | 46,401 | $5.1M | 3.25% |
| 10 | VANGUARD SPECIALIZED FUNDS | 921908844 | 22,022 | $4.8M | 3.07% |
| 11 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 9,569 | $4.8M | 3.06% |
| 12 | VANGUARD INDEX FDS | 922908538 | 16,996 | $4.7M | 3.01% |
| 13 | ISHARES TR | 46429B655 | 90,700 | $4.6M | 2.93% |
| 14 | MICROSOFT CORP | MSFT | 9,513 | $4.6M | 2.92% |
| 15 | ISHARES TR | 46434V860 | 90,939 | $4.6M | 2.92% |
| 16 | EXP WORLD HLDGS INC | EXPI | 455,056 | $4.1M | 2.62% |
| 17 | VANGUARD INDEX FDS | 922908512 | 18,902 | $3.4M | 2.13% |
| 18 | DIMENSIONAL ETF TRUST | 25434V807 | 66,317 | $3.3M | 2.10% |
| 19 | ISHARES TR | 464287887 | 22,995 | $3.2M | 2.06% |
| 20 | ISHARES TR | 464287879 | 27,467 | $3.1M | 1.98% |