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Sensible Financial Planning & Management, LLC. — 13F Holdings & Portfolio

CIK 1567738 · latest 13F-HR filed 2025-11-05

Backtest portfolio

Sensible Financial Planning & Management, LLC. manages $550.7M in 13F-reported U.S. long-equity assets across 31 reported positions as of its 2025-09-30 13F-HR filing. Its largest disclosed positions are SCHP (15.12%), BNDX (15.07%), MBB (13.76%). Quarter over quarter (versus its 2025-06-30 filing) the fund opened 0 new positions and exited 6; 14 existing positions rose in reported value and 0 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
$550.7M

Long-equity book

Holdings
31

Distinct positions

Period
2025-09-30

Filed 2025-11-05

Q/Q Activity
+0 / −6 / ↑14 / ↓0

vs 2025-06-30

Portfolio charts

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

Portfolio map

Q3 25
SCHP15.1% · +2%BNDX15.1% · +4%MBB13.8% · +8%USIG13.4% · +1%VOO5.0% · +5%VTI4.7% · 0%STIP4.2% · +1%MTUM4.1% · -4%SPYX3.9% · +2%MGC2.8% · -4%SCHX2.4% · -2%VTC2.1% · +2%VMBS2.0% · -0%DFIP1.5% · +14%SPDW1.3% · -2%SCHH1.3% · -4%VUG1.2% · -0%VEA1.0% · -2%VB0.9% · -2%VWO0.6% · +1%VO0.6% · -2%ESGU0.5% · +10%VNQ0.5% · -4%VTIP0.4% · -5%VTV0.4% · +2%BNDW0.4% · +21%CBT0.3% · -1%ESGD0.2% · -4%DFAT0.2% · -5%ESGE0.1% · +10%DFAI0.1% · 0%

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

Q2 25 → Q3 25

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

2 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 = 82.1%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated May 28, 2025.

Assets Under Management
$885.4M
Discretionary
$868.7M
Employees
20
Accounts
1,679
Address
203 CRESCENT STREET
SUITE 404
WALTHAM, MA 02453
Phone
(781) 642-0890
Website
Name Title / Status Ownership Type
Luce, Charles ControlASSOCIATE DIRECTOR OF BUSINESS OPERATIONS AND CHIEF COMPLIANCE OFFICER
since Feb 2017
Less than 5%Individual
MILLER, JR., FREDERICK, HOTCHKISS ControlMANAGING MEMBER AND CEO
since Mar 2002
75% or moreIndividual
FINE, RICHARD, DONALDFINANCIAL PLANNER AND SENIOR ADVISOR
since Sep 2003
10–25%Individual
Ownership & leadership changes · 4 filings with changes since Feb 8, 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 16, 2021 filing
  • ChangedLuce, Charles · title CHIEF COMPLIANCE OFFICER → ASSOCIATE DIRECTOR OF BUSINESS OPERATIONS AND CHIEF COMPLIANCE OFFICER
Mar 7, 2018 filing
  • AddedFINE, RICHARD, DONALD · FINANCIAL PLANNER AND SENIOR ADVISOR · 10–25%
Feb 28, 2017 filing
  • AddedLuce, Charles · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ChangedMILLER, JR., FREDERICK, HOTCHKISS · title MEMBER AND CHIEF COMPLIANCE OFFICER → MANAGING MEMBER AND CEO
Jun 21, 2013 filing
  • No longer listedMILLER, LINDA, I · MEMBER · 25–50% · listed since Mar 2002
  • ChangedMILLER, JR., FREDERICK, HOTCHKISS · ownership 25–50% → 75% or more
Feb 8, 2012 filing (earliest on record)
  • ListedMILLER, JR., FREDERICK, HOTCHKISS · MEMBER AND CHIEF COMPLIANCE OFFICER · 25–50% · control person
  • ListedMILLER, LINDA, I · MEMBER · 25–50%

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 14 →

Top Trims

  • No decreased positions.
Show all 0 →

New Positions

  • No new positions this quarter.
Show all 0 →

Exited Positions

Show all 6 →

Sensible Financial Planning & Management, LLC. Holdings (2025-09-30)

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 SCHP 808524870 $83.2M 15.12% 3,088,558 SH
2 VANGUARD CHARLOTTE FDS BNDX 92203J407 $83.0M 15.07% 1,677,297 SH
3 ISHARES TR MBB 464288588 $75.7M 13.76% 796,082 SH
4 ISHARES TR USIG 464288620 $73.5M 13.35% 1,407,927 SH
5 VANGUARD INDEX FDS VOO 922908363 $27.6M 5.01% 45,017 SH
6 VANGUARD INDEX FDS VTI 922908769 $26.1M 4.73% 79,427 SH
7 ISHARES TR STIP 46429B747 $23.0M 4.17% 222,335 SH
8 ISHARES TR MTUM 46432F396 $22.6M 4.10% 88,088 SH
9 SPDR SERIES TRUST SPYX 78468R796 $21.7M 3.94% 395,140 SH
10 VANGUARD WORLD FD MGC 921910873 $15.5M 2.81% 63,370 SH
11 SCHWAB STRATEGIC TR SCHX 808524201 $13.0M 2.37% 495,277 SH
12 VANGUARD SCOTTSDALE FDS VTC 92206C573 $11.5M 2.09% 146,989 SH
13 VANGUARD SCOTTSDALE FDS VMBS 92206C771 $11.3M 2.05% 240,360 SH
14 DIMENSIONAL ETF TRUST DFIP 25434V856 $8.2M 1.49% 194,181 SH
15 SPDR INDEX SHS FDS SPDW 78463X889 $7.4M 1.35% 173,336 SH
16 SCHWAB STRATEGIC TR SCHH 808524847 $6.9M 1.26% 322,193 SH
17 VANGUARD INDEX FDS VUG 922908736 $6.5M 1.17% 13,476 SH
18 VANGUARD TAX-MANAGED FDS VEA 921943858 $5.7M 1.03% 94,692 SH
19 VANGUARD INDEX FDS VB 922908751 $5.1M 0.93% 20,143 SH
20 VANGUARD INTL EQUITY INDEX F VWO 922042858 $3.3M 0.60% 61,463 SH
21 VANGUARD INDEX FDS VO 922908629 $3.1M 0.57% 10,684 SH
22 ISHARES TR ESGU 46435G425 $2.9M 0.53% 20,227 SH
23 VANGUARD INDEX FDS VNQ 922908553 $2.7M 0.50% 29,990 SH
24 VANGUARD MALVERN FDS VTIP 922020805 $2.2M 0.41% 44,307 SH
25 VANGUARD INDEX FDS VTV 922908744 $2.0M 0.36% 10,664 SH
26 VANGUARD SCOTTSDALE FDS BNDW 92206C565 $2.0M 0.35% 28,004 SH
27 CABOT CORP CBT 127055101 $1.9M 0.34% 24,979 SH
28 ISHARES TR ESGD 46435G516 $1.0M 0.18% 10,770 SH
29 DIMENSIONAL ETF TRUST DFAT 25434V609 $920.8K 0.17% 15,818 SH
30 ISHARES INC ESGE 46434G863 $540.4K 0.10% 12,445 SH
31 DIMENSIONAL ETF TRUST DFAI 25434V203 $461.0K 0.08% 12,682 SH
Filing History
Period Filed AUM Holdings Accession
2025-09-30 2025-11-05 $550.7M 31 0002063364-25-000274
2025-06-30 2025-08-08 $526.6M 37 0002063364-25-000195