Institutional Manager · CIK 0002056243
Note Advisors, LLC
BUFFALO, NY · File #028-25351
Latest AUM
$194.9M
Positions
83
Top-10 Concentration
65.8%
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 | DIMENSIONAL ETF TRUST | 25434V872 | +104,368 | +$4.4M | -$60,695 |
| ADD | DIMENSIONAL ETF TRUST | 25434V708 | +108,690 | +$4.4M | +$274,307 |
| ADD | DIMENSIONAL ETF TRUST | 25434V104 | +51,969 | +$2.5M | +$1.3M |
| ADD | DIMENSIONAL ETF TRUST | 25434V575 | +32,929 | +$1.7M | -$30,100 |
| ADD | DIMENSIONAL ETF TRUST | 25434V203 | +37,003 | +$1.5M | +$1.1M |
| ADD | CENCORA INC | COR | +71,779 | +$1.3M | -$215,384 |
| NEW | DIMENSIONAL ETF TRUST | 25434V799 | +32,392 | +$1.2M | $0 |
| EXITED | FIRST TR EXCH TRADED FD III | 33739E108 | -51,885 | -$946,382 | $0 |
| ADD | ISHARES TR | 464288323 | +16,601 | +$892,300 | +$31,201 |
| ADD | VANGUARD INDEX FDS | 922908553 | +8,852 | +$807,838 | -$8,060 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202583 pos · $194.9M
- 13F HOLDINGS REPORTQ/E Sep 202583 pos · $168.2M
- 13F HOLDINGS REPORTQ/E Jun 202574 pos · $144.6M
- 13F HOLDINGS REPORTQ/E Mar 202574 pos · $121.1M
- 13F HOLDINGS REPORTQ/E Dec 202475 pos · $112.9M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | DIMENSIONAL ETF TRUST | 25434V104 | 860,943 | $40.8M | 22.12% |
| 2 | DIMENSIONAL ETF TRUST | 25434V872 | 441,567 | $18.8M | 10.19% |
| 3 | DIMENSIONAL ETF TRUST | 25434V203 | 387,968 | $15.3M | 8.30% |
| 4 | DIMENSIONAL ETF TRUST | 25434V708 | 246,533 | $10.0M | 5.42% |
| 5 | VANGUARD BD INDEX FDS | 921937835 | 110,470 | $8.2M | 4.44% |
| 6 | VANGUARD SCOTTSDALE FDS | 92206C730 | 22,435 | $7.0M | 3.78% |
| 7 | DIMENSIONAL ETF TRUST | 25434V302 | 178,123 | $6.1M | 3.33% |
| 8 | VANGUARD INDEX FDS | 922908553 | 59,199 | $5.4M | 2.93% |
| 9 | ISHARES TR | 464288323 | 94,604 | $5.1M | 2.76% |
| 10 | VANGUARD WHITEHALL FDS | 921946794 | 51,460 | $4.8M | 2.59% |
| 11 | ISHARES TR | 464287242 | 33,453 | $3.7M | 2.00% |
| 12 | VANGUARD CHARLOTTE FDS | 92203J407 | 72,614 | $3.5M | 1.91% |
| 13 | DIMENSIONAL ETF TRUST | 25434V575 | 58,437 | $3.1M | 1.67% |
| 14 | VANGUARD TAX-MANAGED FDS | 921943858 | 44,901 | $2.9M | 1.58% |
| 15 | GLOBAL X FDS | 37954Y657 | 145,184 | $2.8M | 1.54% |
| 16 | SPDR SERIES TRUST | 78464A656 | 108,395 | $2.8M | 1.53% |
| 17 | DIMENSIONAL ETF TRUST | 25434V849 | 52,520 | $2.5M | 1.38% |
| 18 | GLOBAL X FDS | 37954Y483 | 143,010 | $2.5M | 1.37% |
| 19 | J P MORGAN EXCHANGE TRADED F | 46641Q332 | 37,501 | $2.2M | 1.18% |
| 20 | DIMENSIONAL ETF TRUST | 25434V823 | 91,782 | $2.2M | 1.17% |