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Courage Miller Partners, LLC — 13F Holdings & Portfolio

CIK 1482106 · latest 13F-HR filed 2026-07-23

Backtest portfolio

Courage Miller Partners, LLC manages $379.0M in 13F-reported U.S. long-equity assets across 87 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SCHX (13.44%), SCHF (8.98%), ISTB (7.57%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 0 new positions and exited 5; 56 existing positions rose in reported value and 8 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
$379.0M

Long-equity book

Holdings
87

Distinct positions

Period
2026-06-30

Filed 2026-07-23

Q/Q Activity
+0 / −5 / ↑56 / ↓8

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
SCHX13.4% · -0%SCHF9.0% · -1%ISTB7.6% · +4%IGSB6.4% · +4%SCHO5.4% · +4%BND5.1% · +4%SCHM4.4% · -1%SCHD3.9% · -0%RSP3.5% · +2%SCHA3.4% · -2%SCHH3.2% · -1%SCHG2.5% · +0%SCHV2.5% · -1%VWO2.4% · -0%GLTR2.2% · +2%SCHC2.1% · -0%XCNY2.0% · -1%SCHE2.0% · -0%BSV1.1% · +1%MDYG0.9% · -1%IVV0.9% · -2%IGE0.8% · +1%MDYV0.8% · -0%IGIB0.7% · +1%AAPL0.6% · 0%GOOGL0.5% · 0%IMCG0.5% · -7%IEFA0.5% · +0%RSPG0.5% · -3%RSPM0.5% · -2%VTI0.5% · 0%SLYV0.5% · -2%SLYG0.5% · -2%IMCV0.4% · -6%SPY0.4% · 0%AMZN0.4% · 0%XOM0.4% · -0%UNP0.4% · 0%SHV0.4% · +1%VYM0.3% · 0%IJH0.3% · -0%BIV0.2% · +0%COST0.2% · 0%IXUS0.2% · -0%GE0.2% · 0%IYR0.2% · +2%ACWI0.2% · 0%QQQ0.2% · 0%SHYG0.2% · +0%IVW0.2% · -0%GEV0.2% · 0%IJR0.2% · -0%AOA0.2% · -16%ILCG0.2% · 0%REZ0.2% · -0%IEMG0.2% · -0%BRK.B0.2% · -58%ISCG0.2% · -10%SCZ0.1% · +0%ISCV0.1% · -11%

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 = 62.2%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 30, 2026.

Assets Under Management
$480.7M
Discretionary
$434.4M
Employees
4
Accounts
840
Address
WORLD TRADE CENTER
101 W. MAIN STREET, SUITE 720
NORFOLK, VA 23510
Phone
(757) 390-3100
Website
Name Title / Status Ownership Type
COURAGE, RALPH, MARK ControlMANAGING MEMBER, CHIEF COMPLIANCE OFFICER
since May 2008
75% or moreIndividual
MILLER, JEFFREY, SAMUEL ControlMANAGING MEMBER
since Dec 2013
Less than 5%Individual
Ownership & leadership changes · 1 filing 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 20, 2014 filing
  • ChangedMILLER, JEFFREY, SAMUEL · title MEMBER → MANAGING MEMBER; now a control person
Mar 27, 2012 filing (earliest on record)
  • ListedCOURAGE, RALPH, MARK · MANAGING MEMBER, CHIEF COMPLIANCE OFFICER · 75% or more · control person
  • ListedMILLER, JEFFREY, SAMUEL · MEMBER · Less than 5%

Quarter-over-quarter changes

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

Top Adds (vs prior quarter)

Show all 56 →

Top Trims

Show all 8 →

New Positions

  • No new positions this quarter.
Show all 0 →

Exited Positions

Show all 5 →

Courage Miller Partners, LLC 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 SCHWAB STRATEGIC TR SCHX 808524201 $50.9M 13.44% 1,731,183 SH
2 SCHWAB STRATEGIC TR SCHF 808524805 $34.0M 8.98% 1,228,357 SH
3 ISHARES TR ISTB 46432F859 $28.7M 7.57% 594,284 SH
4 ISHARES TR IGSB 464288646 $24.4M 6.44% 465,818 SH
5 SCHWAB STRATEGIC TR SCHO 808524862 $20.5M 5.42% 850,858 SH
6 VANGUARD BD INDEX FDS BND 921937835 $19.2M 5.08% 262,115 SH
7 SCHWAB STRATEGIC TR SCHM 808524508 $16.8M 4.43% 455,266 SH
8 SCHWAB STRATEGIC TR SCHD 808524797 $14.8M 3.92% 468,296 SH
9 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $13.2M 3.48% 62,067 SH
10 SCHWAB STRATEGIC TR SCHA 808524607 $13.0M 3.42% 358,542 SH
11 SCHWAB STRATEGIC TR SCHH 808524847 $12.3M 3.24% 518,727 SH
12 SCHWAB STRATEGIC TR SCHG 808524300 $9.3M 2.47% 276,144 SH
13 SCHWAB STRATEGIC TR SCHV 808524409 $9.3M 2.46% 268,344 SH
14 VANGUARD INTL EQUITY INDEX F VWO 922042858 $9.1M 2.41% 152,857 SH
15 ABRDN PRECIOUS METALS BASKET GLTR 003263100 $8.3M 2.19% 45,792 SH
16 SCHWAB STRATEGIC TR SCHC 808524888 $8.1M 2.14% 168,438 SH
17 SPDR INDEX SHS FDS XCNY 78463X848 $7.6M 2.00% 186,320 SH
18 SCHWAB STRATEGIC TR SCHE 808524706 $7.6M 1.99% 208,377 SH
19 VANGUARD BD INDEX FDS BSV 921937827 $4.4M 1.15% 55,838 SH
20 SPDR SERIES TRUST MDYG 78464A821 $3.4M 0.90% 30,326 SH
21 ISHARES TR IVV 464287200 $3.3M 0.86% 4,351 SH
22 ISHARES TR IGE 464287374 $3.1M 0.82% 55,580 SH
23 SPDR SERIES TRUST MDYV 78464A839 $2.9M 0.77% 30,840 SH
24 ISHARES TR IGIB 464288638 $2.7M 0.73% 51,690 SH
25 APPLE INC AAPL 037833100 $2.4M 0.62% 8,179 SH
26 ALPHABET INC GOOGL 02079K305 $2.1M 0.54% 5,745 SH
27 ISHARES TR IMCG 464288307 $2.0M 0.53% 20,481 SH
28 ISHARES TR IEFA 46432F842 $2.0M 0.53% 20,776 SH
29 INVESCO EXCHANGE TRADED FD T RSPG 46137V365 $2.0M 0.53% 20,472 SH
30 INVESCO EXCHANGE TRADED FD T RSPM 46137V316 $1.9M 0.51% 50,140 SH
31 VANGUARD INDEX FDS VTI 922908769 $1.9M 0.50% 5,156 SH
32 SPDR SERIES TRUST SLYV 78464A300 $1.9M 0.50% 17,360 SH
33 SPDR SERIES TRUST SLYG 78464A201 $1.9M 0.49% 15,701 SH
34 ISHARES TR IMCV 464288406 $1.6M 0.42% 17,464 SH
35 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $1.6M 0.41% 2,099 SH
36 AMAZON COM INC AMZN 023135106 $1.5M 0.39% 6,251 SH
37 EXXON MOBIL CORP XOM 30231G102 $1.4M 0.38% 10,485 SH
38 UNION PAC CORP UNP 907818108 $1.4M 0.37% 5,188 SH
39 ISHARES TR SHV 464288679 $1.4M 0.37% 12,715 SH
40 VANGUARD WHITEHALL FDS VYM 921946406 $1.1M 0.30% 7,200 SH
41 ISHARES TR IJH 464287507 $1.1M 0.28% 13,767 SH
42 VANGUARD BD INDEX FDS BIV 921937819 $942.3K 0.25% 12,286 SH
43 COSTCO WHOLESALE CORPORATION COST 22160K105 $851.5K 0.22% 910 SH
44 ISHARES TR IXUS 46432F834 $838.4K 0.22% 8,785 SH
45 GE AEROSPACE GE 369604301 $813.4K 0.21% 2,176 SH
46 ISHARES TR IYR 464287739 $798.5K 0.21% 7,810 SH
47 ISHARES TR ACWI 464288257 $745.6K 0.20% 4,750 SH
48 INVESCO QQQ TR QQQ 46090E103 $743.8K 0.20% 1,010 SH
49 ISHARES TR SHYG 46434V407 $711.3K 0.19% 16,773 SH
50 ISHARES TR IVW 464287309 $703.9K 0.19% 5,118 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-23 $379.0M 87 0001482106-26-000004
2026-03-31 2026-04-27 $354.2M 92 0001482106-26-000002
2025-12-31 2026-01-26 $332.1M 84 0001482106-26-000001
Filer Information
Address
101 WEST MAIN ST
SUITE 720
NORFOLK, VA 23510
Phone
(757) 390-3100
Filing Manager
Courage Miller Partners, LLC
NORFOLK, VA
Signatory
Ralph Courage
Managing Member and Chief Compliance Officer