Zhang Financial LLC — 13F Holdings & Portfolio
CIK 1776290 · latest 13F-HR filed 2026-05-06
Zhang Financial LLC manages $2.89B in 13F-reported U.S. long-equity assets across 367 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are VOO (6.74%), VTI (6.25%), DFUS (6.21%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 45 new positions, exited 17, added to 145, and trimmed 73.
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.
$2.89B
Long-equity book
367
Distinct positions
2026-03-31
Filed 2026-05-06
+45 / −17 / ↑145 / ↓73
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ISHARES CORE$43.7M +95.9%
- VANGUARD INTERMEDIATE$27.5M +23.2%
- VANGUARD MALVERN FDS$22.0M +118.5%
- VANGUARD STAR FDS$18.7M +13.2%
- VANGUARD TOTAL$15.0M +29.3%
Top Trims
- MICROSOFT CORP-$5.7M -17.2%
- STRYKER CORP-$4.7M -12.1%
- ISHARES BITCOIN TR-$3.5M -21.4%
- ISHARES TR-$3.4M -55.9%
- BNY MELLON-$3.0M -7.3%
New Positions
- AMERICAN EXPRESS$5.0M
- VANGUARD INSTL INDEX FD$2.4M
- CONOCOPHILLIPS$1.7M
- PALO ALTO$878.7K
- TERADYNE INC$861.2K
Exited Positions
- LCI INDS$1.4M
- PIMCO ETF TR$626.9K
- DIMENSIONAL ETF TRUST$578.0K
- CAVCO INDS INC DEL$436.0K
- CITIGROUP INC$332.8K
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 | VANGUARD S&P | VOO | 922908363 | $195.0M | 6.74% | 326,411 | SH |
| 2 | VANGUARD INDEX FDS | VTI | 922908769 | $180.8M | 6.25% | 563,420 | SH |
| 3 | DIMENSIONAL US | DFUS | 25434V401 | $179.7M | 6.21% | 2,533,557 | SH |
| 4 | ISHARES CORE | ITOT | 464287150 | $168.3M | 5.82% | 1,181,952 | SH |
| 5 | VANGUARD STAR FDS | VXUS | 921909768 | $160.6M | 5.55% | 2,082,582 | SH |
| 6 | VANGUARD INTERMEDIATE | BIV | 921937819 | $145.9M | 5.04% | 1,890,146 | SH |
| 7 | DIMENSIONAL US | DFAC | 25434V708 | $126.8M | 4.38% | 3,263,205 | SH |
| 8 | VANGUARD INTL EQUITY INDEX F | VT | 922042742 | $100.1M | 3.46% | 723,873 | SH |
| 9 | ISHARES CORE | AGG | 464287226 | $89.2M | 3.08% | 898,297 | SH |
| 10 | DIMENSIONAL ETF TRUST | DFAI | 25434V203 | $71.8M | 2.48% | 1,843,654 | SH |
| 11 | VANGUARD TOTAL | BND | 921937835 | $66.2M | 2.29% | 899,249 | SH |
| 12 | APPLE INC | AAPL | 037833100 | $57.4M | 1.98% | 226,060 | SH |
| 13 | VANGUARD SMALL | VBR | 922908611 | $49.2M | 1.70% | 226,556 | SH |
| 14 | VANGUARD HIGH | VYM | 921946406 | $48.8M | 1.69% | 329,681 | SH |
| 15 | ISHARES GOLD | IAU | 464285204 | $40.9M | 1.41% | 463,742 | SH |
| 16 | VANGUARD MALVERN FDS | VCRB | 922020748 | $40.7M | 1.41% | 525,359 | SH |
| 17 | AVANTIS INTL | AVDE | 025072703 | $38.4M | 1.33% | 452,332 | SH |
| 18 | BNY MELLON | BKLC | 09661T107 | $37.9M | 1.31% | 303,387 | SH |
| 19 | STRYKER CORP | SYK | 863667101 | $34.1M | 1.18% | 103,799 | SH |
| 20 | VANGUARD SHORT | VCSH | 92206C409 | $32.5M | 1.12% | 410,000 | SH |
| 21 | DIMENSIONAL US | DFAU | 25434V104 | $32.0M | 1.11% | 708,833 | SH |
| 22 | MICROSOFT CORP | MSFT | 594918104 | $27.2M | 0.94% | 73,448 | SH |
| 23 | VANGUARD GROWTH | VUG | 922908736 | $27.1M | 0.94% | 61,944 | SH |
| 24 | VANGUARD MID | VO | 922908629 | $27.0M | 0.93% | 93,967 | SH |
| 25 | AVANTIS U S | AVUS | 025072885 | $26.9M | 0.93% | 242,233 | SH |
| 26 | NVIDIA CORP | NVDA | 67066G104 | $26.3M | 0.91% | 150,723 | SH |
| 27 | DIMENSIONAL US | DFSV | 25434V815 | $24.6M | 0.85% | 702,217 | SH |
| 28 | VANGUARD TAX-MANAGED INTL FD | VEA | 921943858 | $22.8M | 0.79% | 356,156 | SH |
| 29 | SPDR PORTFOLIO | SPTM | 78464A805 | $22.4M | 0.77% | 283,279 | SH |
| 30 | VANGUARD S&P | VOOV | 921932703 | $22.0M | 0.76% | 107,875 | SH |
| 31 | AVANTIS U S | AVUV | 025072877 | $19.7M | 0.68% | 178,134 | SH |
| 32 | ISHARES RUSSELL | IWN | 464287630 | $18.8M | 0.65% | 99,252 | SH |
| 33 | VANGUARD MEGA | MGK | 921910816 | $18.8M | 0.65% | 51,209 | SH |
| 34 | ISHARES CORE | IVV | 464287200 | $18.2M | 0.63% | 27,878 | SH |
| 35 | ALPHABET INC | GOOGL | 02079K305 | $17.7M | 0.61% | 61,597 | SH |
| 36 | AMAZON COM | AMZN | 023135106 | $16.7M | 0.58% | 80,336 | SH |
| 37 | SCHWAB STRATEGIC TR | SCHB | 808524102 | $16.7M | 0.58% | 666,381 | SH |
| 38 | SPDR S&P 500 ETF TR | SPY | 78462F103 | $16.5M | 0.57% | 25,437 | SH |
| 39 | SCHWAB INTL | SCHF | 808524805 | $14.4M | 0.50% | 582,566 | SH |
| 40 | BERKSHIRE HATHAWAY | BRK.B | 084670702 | $12.9M | 0.45% | 26,957 | SH |
| 41 | VANGUARD VALUE | VTV | 922908744 | $12.9M | 0.45% | 65,748 | SH |
| 42 | ISHARES BITCOIN TR | IBIT | 46438F101 | $12.8M | 0.44% | 332,302 | SH |
| 43 | VANGUARD INTL EQUITY INDEX F | VWO | 922042858 | $12.3M | 0.43% | 228,258 | SH |
| 44 | FACEBOOK INC | META | 30303M102 | $11.6M | 0.40% | 20,286 | SH |
| 45 | ISHARES NATIONAL | MUB | 464288414 | $10.8M | 0.37% | 101,343 | SH |
| 46 | MICRON TECHNOLOGY INC | MU | 595112103 | $10.5M | 0.36% | 31,089 | SH |
| 47 | BROADCOM INC | AVGO | 11135F101 | $10.3M | 0.36% | 33,414 | SH |
| 48 | SPDR PORTFOLIO | SPMD | 78464A847 | $10.2M | 0.35% | 171,919 | SH |
| 49 | VANGUARD INSTL INDEX FD | VGUS | 922040852 | $9.3M | 0.32% | 122,652 | SH |
| 50 | WORLD GOLD | GLDM | 98149E303 | $9.1M | 0.31% | 97,794 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-06 | $2.89B | 367 | 0001776290-26-000004 |
| 2025-12-31 | 2026-02-10 | $2.68B | 339 | 0001776290-26-000002 |