Top Institutional Investors

GOULD ASSET MANAGEMENT LLC /CA/ — 13F Holdings & Portfolio

CIK 1091961 · latest 13F-HR filed 2026-08-06

Backtest portfolio

GOULD ASSET MANAGEMENT LLC /CA/ manages $634.8M in 13F-reported U.S. long-equity assets across 176 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPY (26.27%), STIP (7.60%), VGSH (5.96%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 10 new positions and exited 5; 72 existing positions rose in reported value and 31 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM
$634.8M

Long-equity book

Holdings
176

Distinct positions

Period
2026-06-30

Filed 2026-08-06

Q/Q Activity
+10 / −5 / ↑72 / ↓31

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
SPY26.3% · -0%STIP7.6% · +0%VGSH6.0% · +7%TLT3.8% · +5%VCSH3.3% · +2%BAB3.0% · +6%VNQ2.8% · +6%GLDM2.7% · +141%BWX2.6% · +4%IVV2.4% · -6%VEA1.9% · -5%AAPL1.9% · +4%BOND1.9% · +4%BNDX1.8% · +14%XSOE1.7% · -10%SPYX1.7% · -4%VXF1.3% · -5%DFAX1.2% · +2%EFA0.9% · -3%SHV0.8% · +9%ESGV0.8% · -1%VTIP0.7% · +2%VMBS0.6% · +3%DCOR0.5% · +6%ESGD0.5% · -3%VSGX0.5% · +7%MSFT0.5% · -4%USXF0.5% · -0%IAU0.5% · -1%SPSB0.4% · +0%EWY0.4% · 0%XVV0.4% · +0%CMF0.4% · +3%IDV0.4% · -3%AVGO0.3% · -18%CRBN0.3% · -2%IBTH0.3% · +2%IBTG0.3% · +2%IBTI0.3% · +2%LLY0.3% · +7%JPM0.3% · +3%MDY0.3% · -0%EWT0.3% · 0%XJH0.3% · +6%GLD0.3% · -1%SUSA0.3% · -11%COST0.3% · -1%DMXF0.3% · 0%BND0.3% · -3%WMT0.3% · -4%CAT0.3% · -0%ESGU0.3% · -5%VGLT0.2% · -22%SUSB0.2% · +153%IBDS0.2% · +2%IBDR0.2% · +2%XOM0.2% · +9%IBDT0.2% · +3%TIP0.2% · +20%AMZN0.2% · -9%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 60.4%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Apr 16, 2026.

Assets Under Management
$1.03B
Discretionary
$995.0M
Employees
15
Accounts
644
Address
341 WEST FIRST STREET
SUITE 200
CLAREMONT, CA 91711-4749
Phone
(909) 445-1291
Website
Name Title / Status Ownership Type
GOULD, DONALD, PAUL ControlPRESIDENT, CHIEF INVESTMENT OFFICER
since Apr 1999
25–50%Individual
BALDWIN, DEREK, MATTHEWSENIOR PORTFOLIO MANAGER
since Jan 2025
Less than 5%Individual
BRIDGEPORT FINANCIAL SOLUTIONSMEMBER
since May 2022
25–50%Domestic Entity
CARR, THOMAS, KEYLONCHIEF COMPLIANCE OFFICER, SENIOR PORTFOLIO MANAGER
since Jul 2020
5–10%Individual
DEBIASE, JOHN, JOSEPHSENIOR PORTFOLIO MANAGER
since Jun 2016
5–10%Individual
DONALD P. GOULD 2020 GRATDONALD P. GOULD, TRUSTEE
since Jul 2020
Less than 5%Domestic Entity
DONALD P. GOULD 2021 GRATDONALD P. GOULD, TRUSTEE
since Jul 2021
Less than 5%Domestic Entity
GOLDENSOHN, PAUL, MATHIASMEMBER
since Apr 1999
5–10%Individual
SMITH, SCOTT, BRADLEYSENIOR PORTFOLIO MANAGER
since Jun 2016
5–10%Individual
Ownership & leadership changes · 8 filings with changes since Mar 27, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 27, 2026 filing
  • No longer listedCAMBRIDGE INVESTMENT GROUP, INC · MEMBER · 25–50% · listed since May 2022
  • AddedBRIDGEPORT FINANCIAL SOLUTIONS · MEMBER · 25–50%
Mar 28, 2025 filing
  • AddedBALDWIN, DEREK, MATTHEW · SENIOR PORTFOLIO MANAGER · Less than 5%
Aug 8, 2024 filing
  • ChangedCAMBRIDGE INVESTMENT GROUP, INC · ownership 10–25% → 25–50%
  • ChangedDONALD P. GOULD 2020 GRAT · ownership 5–10% → Less than 5%
  • ChangedDONALD P. GOULD 2021 GRAT · ownership 5–10% → Less than 5%
Jun 3, 2022 filing
  • AddedCAMBRIDGE INVESTMENT GROUP, INC · MEMBER · 10–25%
  • AddedDONALD P. GOULD 2021 GRAT · DONALD P. GOULD, TRUSTEE · 5–10%
  • ChangedGOLDENSOHN, PAUL, MATHIAS · ownership 10–25% → 5–10%
  • ChangedGOULD, DONALD, PAUL · ownership 50–75% → 25–50%
Jul 6, 2020 filing
  • AddedDONALD P. GOULD 2020 GRAT · DONALD P. GOULD, TRUSTEE · 5–10%
  • ChangedCARR, THOMAS, KEYLON · title SENIOR PORTFOLIO MANAGER → CHIEF COMPLIANCE OFFICER, SENIOR PORTFOLIO MANAGER
  • ChangedGOULD, DONALD, PAUL · title PRESIDENT, CHIEF INVESTMENT OFFICER AND CHIEF COMPLIANCE OFFICER → PRESIDENT, CHIEF INVESTMENT OFFICER; ownership 75% or more → 50–75%
Mar 26, 2020 filing
  • ChangedCARR, THOMAS, KEYLON · ownership Less than 5% → 5–10%
  • ChangedDEBIASE, JOHN, JOSEPH · ownership Less than 5% → 5–10%
  • ChangedSMITH, SCOTT, BRADLEY · ownership Less than 5% → 5–10%
Mar 28, 2018 filing
  • ChangedCARR, THOMAS, KEYLON · title MEMBER → SENIOR PORTFOLIO MANAGER
  • ChangedDEBIASE, JOHN, JOSEPH · title MEMBER → SENIOR PORTFOLIO MANAGER
  • ChangedGOULD, DONALD, PAUL · title PRESIDENT AND CHIEF COMPLIANCE OFFICER → PRESIDENT, CHIEF INVESTMENT OFFICER AND CHIEF COMPLIANCE OFFICER
  • ChangedSMITH, SCOTT, BRADLEY · title MEMBER → SENIOR PORTFOLIO MANAGER
Aug 4, 2016 filing
  • AddedCARR, THOMAS, KEYLON · MEMBER · Less than 5%
  • AddedDEBIASE, JOHN, JOSEPH · MEMBER · Less than 5%
  • AddedSMITH, SCOTT, BRADLEY · MEMBER · Less than 5%
Mar 27, 2012 filing (earliest on record)
  • ListedGOLDENSOHN, PAUL, MATHIAS · MEMBER · 10–25%
  • ListedGOULD, DONALD, PAUL · PRESIDENT AND CHIEF COMPLIANCE OFFICER · 75% or more · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

GOULD ASSET MANAGEMENT LLC /CA/ Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 S&P 500 DEPOSITORY RECEIPT SPY 78462F103 $166.8M 26.27% 223,301 SH
2 ISHARES 0-5 YEAR TIPS BOND ET STIP 46429B747 $48.2M 7.60% 472,277 SH
3 VANGUARD SHORT TERM TREASURY VGSH 92206C102 $37.8M 5.96% 649,524 SH
4 ISHARES BARCLAYS 20 YEAR TRE TLT 464287432 $23.9M 3.76% 276,417 SH
5 VANGUARD SHORT-TERM CORPORATE VCSH 92206C409 $20.8M 3.28% 263,245 SH
6 INVESCO TAXABLE MUNICIPAL BON BAB 46138G805 $18.9M 2.98% 705,394 SH
7 VANGUARD REIT INDEX ETF VNQ 922908553 $18.0M 2.83% 186,503 SH
8 SPDR GOLD MINISHARES TRUST GLDM 98149E303 $17.3M 2.73% 217,970 SH
9 SPDR BARCLAYS INTL TREASURY B BWX 78464A516 $16.4M 2.58% 755,142 SH
10 ISHARES S&P 500 INDEX ETF IVV 464287200 $15.4M 2.42% 20,523 SH
11 VANGUARD FTSE DEVELOPED MARKE VEA 921943858 $12.2M 1.92% 170,781 SH
12 APPLE COMPUTER INC. AAPL 037833100 $12.2M 1.92% 42,032 SH
13 PIMCOTOTAL RETURN ETF BOND 72201R775 $12.1M 1.90% 130,793 SH
14 VANGUARD TOTAL INTERNATIONAL BNDX 92203J407 $11.4M 1.80% 236,266 SH
15 WISDOMTREE EMMKTS EX-STT-OWND XSOE 97717X578 $10.9M 1.72% 221,964 SH
16 SPDR S&P 500 FOSSIL FUEL RESE SPYX 78468R796 $10.8M 1.69% 176,006 SH
17 VANGUARD EXTENDED MARKET INDE VXF 922908652 $8.3M 1.30% 33,605 SH
18 DIMENSIONAL WORLD EX US CORE DFAX 25434V880 $7.4M 1.16% 200,582 SH
19 ISHARES MSCI EAFE INDEX ETF EFA 464287465 $5.8M 0.91% 55,565 SH
20 ISHARES BARCLAYS SHORT TREASU SHV 464288679 $5.3M 0.83% 47,941 SH
21 VANGUARD ESG US STOCK ETF ESGV 921910733 $5.1M 0.80% 38,529 SH
22 VANGUARD ST TIPS BOND FD VTIP 922020805 $4.7M 0.74% 92,910 SH
23 VANGUARD MORTGAGE BACKED SEC VMBS 92206C771 $4.0M 0.63% 85,270 SH
24 DIMENSIONAL US CORE EQUITY 1 DCOR 25434V625 $3.4M 0.53% 40,920 SH
25 ISHARES ESG AWARE MSCI EAFE E ESGD 46435G516 $3.3M 0.51% 31,704 SH
26 VANGUARD ESG INTERNATIONAL ST VSGX 921910725 $3.0M 0.47% 36,491 SH
27 MICROSOFT CORPORATION MSFT 594918104 $3.0M 0.47% 8,026 SH
28 ISHARES ESG ADVANCED MSCI USA USXF 46436E767 $2.9M 0.46% 42,360 SH
29 ISHARES GOLD TRUST IAU 464285204 $2.9M 0.45% 37,900 SH
30 SPDR PORTFOLIO SHORT TERM COR SPSB 78464A474 $2.6M 0.40% 85,294 SH
31 ISHARES MSCI SOUTH KOREA INDE EWY 464286772 $2.6M 0.40% 12,657 SH
32 ISHARES ESG SCREENED S&P 500 XVV 46436E569 $2.6M 0.40% 44,968 SH
33 ISHARES CALIFORNIA MUNI BOND CMF 464288356 $2.5M 0.40% 44,080 SH
34 ISHARES TR INTL SEL DIV ETF IDV 464288448 $2.2M 0.35% 54,280 SH
35 BROADCOM INC AVGO 11135F101 $2.2M 0.35% 5,883 SH
36 ISHARES MSCI ACWI LOW CARBON CRBN 46434V464 $2.2M 0.34% 8,555 SH
37 ISHARES IBONDS TERM TREASURY IBTH 46436E841 $2.2M 0.34% 96,560 SH
38 ISHARES IBONDS TERM TREASURY IBTG 46436E858 $2.2M 0.34% 93,996 SH
39 ISHARES IBONDS DEC 2028 TERM IBTI 46436E833 $2.1M 0.34% 96,460 SH
40 LILLY ELI & CO LLY 532457108 $2.0M 0.32% 1,702 SH
41 JP MORGAN CHASE & CO. JPM 46625H100 $2.0M 0.31% 6,064 SH
42 SPDR S&P MID CAP 400 ETF MDY 78467Y107 $1.9M 0.31% 2,766 SH
43 ISHARES MSCI TAIWAN INDEX ETF EWT 46434G772 $1.9M 0.30% 17,375 SH
44 ISHARES ESG SCREENED S&P MID- XJH 46436E551 $1.9M 0.30% 35,965 SH
45 SPDR GOLD TRUST ETF GLD 78463V107 $1.9M 0.30% 5,087 SH
46 ISHARES MSCI USA ESG SELECT E SUSA 464288802 $1.8M 0.29% 11,896 SH
47 COSTCO WHOLESALE CORP. COST 22160K105 $1.8M 0.29% 1,961 SH
48 ISHARES ESG ADVANCED MSCI EAF DMXF 46436E759 $1.7M 0.28% 20,670 SH
49 VANGUARD TOTAL BOND MARKET ET BND 921937835 $1.7M 0.26% 22,888 SH
50 WAL-MART STORES INC WMT 931142103 $1.7M 0.26% 14,721 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-06 $634.8M 176 0001437749-26-026337
2026-03-31 2026-05-06 $575.7M 171 0001437749-26-014972
2025-12-31 2026-02-17 $564.3M 168 0001437749-26-004183
Filer Information
Address
341 WEST FIRST STREET
SUITE 200
CLAREMONT, CA 91711
Phone
(909) 445-1291
Filing Manager
GOULD ASSET MANAGEMENT LLC /CA/
CLAREMONT, CA
Signatory
THOMAS K. CARR JR
CHIEF COMPLIANCE OFFICER