Institutional Manager · CIK 0002105919
Burton Enright Welch
WALNUT CREEK, CA · File #028-26396
Latest AUM
$710.5M
Positions
128
Top-10 Concentration
71.3%
Filings
1
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 | DIMENSIONAL ETF TRUST | 25434V708 | +3,678,371 | +$145.6M | $0 |
| NEW | AMERICAN CENTY ETF TR | 025072802 | +567,497 | +$53.3M | $0 |
| NEW | AMERICAN CENTY ETF TR | 025072877 | +473,099 | +$48.2M | $0 |
| NEW | VANGUARD CHARLOTTE FDS | 92203J407 | +954,414 | +$46.1M | $0 |
| NEW | DIMENSIONAL ETF TRUST | 25434V831 | +1,079,349 | +$41.0M | $0 |
| NEW | DIMENSIONAL ETF TRUST | 25434V799 | +1,111,853 | +$38.3M | $0 |
| NEW | DIMENSIONAL ETF TRUST | 25434V732 | +1,033,237 | +$34.2M | $0 |
| NEW | AMERICAN CENTY ETF TR | 025072885 | +251,058 | +$28.1M | $0 |
| NEW | VANGUARD MALVERN FDS | 922020748 | +264,826 | +$20.6M | $0 |
| NEW | AMERICAN CENTY ETF TR | 025072703 | +226,482 | +$18.6M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025128 pos · $710.5M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | DIMENSIONAL ETF TRUST | 25434V708 | 3,678,371 | $145.6M | 21.90% |
| 2 | AMERICAN CENTY ETF TR | 025072802 | 567,497 | $53.3M | 8.02% |
| 3 | AMERICAN CENTY ETF TR | 025072877 | 473,099 | $48.2M | 7.25% |
| 4 | VANGUARD CHARLOTTE FDS | 92203J407 | 954,414 | $46.1M | 6.93% |
| 5 | DIMENSIONAL ETF TRUST | 25434V831 | 1,079,349 | $41.0M | 6.17% |
| 6 | DIMENSIONAL ETF TRUST | 25434V799 | 1,111,853 | $38.3M | 5.76% |
| 7 | DIMENSIONAL ETF TRUST | 25434V732 | 1,033,237 | $34.2M | 5.14% |
| 8 | AMERICAN CENTY ETF TR | 025072885 | 251,058 | $28.1M | 4.22% |
| 9 | VANGUARD MALVERN FDS | 922020748 | 264,826 | $20.6M | 3.10% |
| 10 | AMERICAN CENTY ETF TR | 025072703 | 226,482 | $18.6M | 2.80% |
| 11 | VANGUARD MALVERN FDS | 922020805 | 345,508 | $17.1M | 2.57% |
| 12 | DIMENSIONAL ETF TRUST | 25434V823 | 674,979 | $15.5M | 2.32% |
| 13 | AMERICAN CENTY ETF TR | 025072604 | 191,892 | $14.8M | 2.22% |
| 14 | CHEVRON CORP NEW | CVX | 82,664 | $12.6M | 1.89% |
| 15 | CAPITAL GROUP INTL FOCUS EQT | 14019W109 | 337,912 | $10.0M | 1.50% |
| 16 | MCKESSON CORP | MCK | 12,158 | $10.0M | 1.50% |
| 17 | APPLE INC | AAPL | 35,077 | $9.5M | 1.43% |
| 18 | VANGUARD INTL EQUITY INDEX F | 922042874 | 93,124 | $7.8M | 1.17% |
| 19 | LINCOLN ELEC HLDGS INC | 533900106 | 20,764 | $5.0M | 0.75% |
| 20 | CAPITAL GROUP INTERNATIONAL | 14021M107 | 139,139 | $4.8M | 0.73% |